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- Darr3ny3oDarr3ny3o
  ·2021-01-22
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  6 Dividend Funds for Long-Term Investors
  Although dividend stocks lagged behind flashier tech stocks during the pandemic last year, their “lo
  6 Dividend Funds for Long-Term Investors
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- Darr3ny3oDarr3ny3o
  ·2021-01-22
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  Stock bubble worries push Chinese investors from home to Hong Kong
  As China’s blue-chip index approaches an all-time high, growing fears about bubbles developing in so
  Stock bubble worries push Chinese investors from home to Hong Kong
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- Darr3ny3oDarr3ny3o
  ·2021-01-22
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  Hong Kong stocks fall as China's composite index slips when global rally pauses
  Jan 22 (Reuters) - Hong Kong stocks ended lower on Friday, the biggest daily percentage drop since N
  Hong Kong stocks fall as China's composite index slips when global rally pauses
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- Darr3ny3oDarr3ny3o
  ·2021-01-22
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go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310847108","repostId":"1186615938","repostType":4,"repost":{"id":"1186615938","pubTimestamp":1611304246,"share":"https://ttm.financial/m/news/1186615938?lang=&edition=fundamental","pubTime":"2021-01-22 16:30","market":"us","language":"en","title":"6 Dividend Funds for Long-Term Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1186615938","media":"Barrons","summary":"Although dividend stocks lagged behind flashier tech stocks during the pandemic last year, their “lo","content":"<p>Although dividend stocks lagged behind flashier tech stocks during the pandemic last year, their “long-term investment case remains solid.”</p>\n<p>So concludes Amy Arnott, a portfolio strategist atMorningstar,in a recent note. A lot of the mutual funds that specialize in these stocks “really suffered from not having as much tech exposure” as other funds did, Arnott tells<i>Barron’s</i>. These equity income funds, Arnott adds, also took a hit owing to the manydividend cuts and suspensionslast year as companies tried to preserve cash.</p>\n<p>From Feb. 19 of last year, when the market peaked at what was then a record high, through March 23, the average stock dividend fund had a return of minus 36.6%, versus minus 33.5% for the S&amp;P 500, according to Morningstar. The MSCI USA High Dividend Yield Index notched a slightly better result, with a gross return of minus 32.6% over that stretch.</p>\n<p>Looking at the full year, theTechnology Select Sector SPDR Fund(ticker: XLK), a proxy for large technology companies, returned 43.6% in 2020, well above theS&amp;P 500’s18.4% result or theS&amp;P 500 Dividend Aristocrats’ 8.7% return.</p>\n<p>Beaten but Not BrokenDespite recent underperformance, the long-term case for dividend funds</p>\n<table>\n <thead>\n  <tr>\n   <th>Fund or Index / Ticker</th>\n   <th>1-Year Return</th>\n   <th>Dividend Yield</th>\n   <th>AUM (bil)</th>\n   <th>Net Expense Ratio</th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td>Columbia Dividend Income / GSFTX</td>\n   <td>9.2%</td>\n   <td>1.7%</td>\n   <td>$28.9</td>\n   <td>0.69%</td>\n  </tr>\n  <tr>\n   <td>Franklin Equity Income / FISEX</td>\n   <td>6.2</td>\n   <td>2.2</td>\n   <td>2.8</td>\n   <td>0.86</td>\n  </tr>\n  <tr>\n   <td>JPMorgan Equity Income / OIEIX</td>\n   <td>4.8</td>\n   <td>2.3</td>\n   <td>37.5</td>\n   <td>0.98</td>\n  </tr>\n  <tr>\n   <td>T. Rowe Price Dividend Growth / PRDGX</td>\n   <td>12.3</td>\n   <td>1.1</td>\n   <td>18</td>\n   <td>0.63</td>\n  </tr>\n  <tr>\n   <td>Vanguard Dividend Growth / VDIGX</td>\n   <td>8.5</td>\n   <td>1.8</td>\n   <td>47.4</td>\n   <td>0.27</td>\n  </tr>\n  <tr>\n   <td>Vanguard Dividend Appreciation / VIG</td>\n   <td>13.0</td>\n   <td>1.9</td>\n   <td>53.2</td>\n   <td>0.06</td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500</td>\n   <td>16.7</td>\n   <td>1.5</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n </tbody>\n</table>\n<p>Note: Returns as of Jan. 15. NA=Not applicable</p>\n<p>Sources: Morningstar; Bloomberg; company reports</p>\n<p>However, Arnott argues that dividend stocks have acquitted themselves better during various other challenging periods—performance levels they may well return to in future rough patches. Over the 41 five-year rolling periods from 1976 through 2020, dividend stocks outpaced the broader market in 25 of those spans. But as with so much else during the pandemic, 2020 was an aberration for dividend stocks.</p>\n<p>“They’ve typically fared best during periods of slow economic growth and sluggish market returns, such as the early part of the [2000s] and in the 1980s, when stagflation dragged down market returns,” Arnott observed in her Jan. 11 note.</p>\n<p>In contrast, dividend stocks trailed the broader market through much of the 1990s when the tech-stock bubble inflated. They “tend to fare worst during more ebullient times, such as 1995-99 and the generally strong period from 2016 through 2020,” she wrote.</p>\n<p>Arnott also looked at the trailing 20-year returns and volatility, as measured by standard deviation, for dividend stocks. The MSCI USA High Dividend Yield Index had a 20-year annual return of 7.89%, versus 7.49% for the S&amp;P 500. That dividend index also was less volatile over that period, with a standard deviation of 13.23, nearly two percentage points better than the broader market’s 15.08.</p>\n<p>“Stocks with above-average dividends have generally held up relatively well in previous market downturns,” Arnott wrote, pointing to the fourth quarter of 1987, the early 2000s, and the fourth quarter of 2018 as examples.</p>\n<p>To supplement Arnott’s observations,<i>Barron’s</i>looked at some of the equity income funds we have written about in recent years. None of these funds have outperformed the S&amp;P 500 over the past 12 months.</p>\n<p>Nearly all of them, however, have finished in the top half of the Morningstar category when measured by three- and five-year returns—and many have strong performance over even longer periods as well.</p>\n<p>The T. Rowe Price Dividend Growth Fund (PRDGX), which tries togenerate income and capital appreciation, has a one-year return of 12.3%, ranking second among the funds included in the accompanying table.</p>\n<p>As of Dec. 31, the portfolio’s top sector weighting was technology at 22.2%, followed by health care at 16.5%, and financials at 12.8%. Its top two holdings wereMicrosoft(MSFT), which yields 1%, andApple(AAPL), which yields 0.6%. Neither stock has a big yield. But Microsoft has returned about 36% over the past year, dividends included, and Apple has gained about 67%.</p>\n<p>TheColumbia Dividend Income Fund(GSFTX) has a one-year return of 9.2%. A fourth-quarter tailwind forthe fundwas an overweight position in bank stocks such asBank of America(BAC), which yields 2.2%, andJPMorgan Chase(JPM), 2.7%.</p>\n<p>“The segment benefited from the quarter’s rotation into value,” according to the fund managers’ commentary on the company’s website, adding that bank stocks helped as well.</p>\n<p>The&nbsp;JPMorgan Equity Income Fund(OIEIX) had a tougher time of it, with a return of 4.8% over the past 12 months, placing it in the middle of the pack among its peers.</p>\n<p>Under longtime lead managerClare Hart, the portfolio has placed in the top half of its Morningstar peer group over the past three and five years and in the top 10% over the past 10 and 15 years. “Underperformance was predominantly a function of what we don’t own rather than what we do,” according to an assessment of the fund’s fourth-quarter performance by Hart and one of her colleagues, Jamie Steinhardt.</p>\n<p>The managers also pointed out thatBest Buy(BBY) andHome Depot(HD) “gave back some of their gains [despite] both companies reporting double-digit earnings growth.”</p>\n<p>The fund did benefit from financial holdings such as Bank of America.</p>\n<p>Actively managed funds aren’t the only option for investors. There are various ETFs, which typically hew to an index and don’t have a manager actively buying and selling stocks.</p>\n<p>TheVanguard Dividend Appreciation ETF(VIG) has a one-year return of 13%, tops among the funds included in the table, helped by an ultralow expense ratio of 0.06%.</p>\n<p>The fund, which tries to track the Nasdaq US Dividend Achievers Select Index, recently held 212 stocks with a median market capitalization of about $158 billion, giving it a large-cap bent.</p>\n<p>As of Dec. 31, its biggest sector weighting was consumer discretionary at 22.8%, followed by industrials at 20.8%, and health care at 14.9%. Technology clocked in at 12.5%—showing that a dividend stock fund doesn’t have to have a big tech overweighting to perform well right now.</p>\n<p>“The bottom line is that every down market is different, and dividend-oriented stocks won’t excel in every one,” Arnott wrote in her note’s conclusion. “Overall, though, they tend to hold up a bit better than average during times of market turbulence and have generated attractive risk-adjusted returns over longer periods.”</p>","source":"lsy1601382232898","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>6 Dividend Funds for Long-Term Investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n6 Dividend Funds for Long-Term Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-22 16:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/6-dividend-funds-for-long-term-investors-51611244802?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Although dividend stocks lagged behind flashier tech stocks during the pandemic last year, their “long-term investment case remains solid.”\nSo concludes Amy Arnott, a portfolio strategist ...</p>\n\n<a href=\"https://www.barrons.com/articles/6-dividend-funds-for-long-term-investors-51611244802?mod=hp_LEADSUPP_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/6-dividend-funds-for-long-term-investors-51611244802?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186615938","content_text":"Although dividend stocks lagged behind flashier tech stocks during the pandemic last year, their “long-term investment case remains solid.”\nSo concludes Amy Arnott, a portfolio strategist atMorningstar,in a recent note. A lot of the mutual funds that specialize in these stocks “really suffered from not having as much tech exposure” as other funds did, Arnott tellsBarron’s. These equity income funds, Arnott adds, also took a hit owing to the manydividend cuts and suspensionslast year as companies tried to preserve cash.\nFrom Feb. 19 of last year, when the market peaked at what was then a record high, through March 23, the average stock dividend fund had a return of minus 36.6%, versus minus 33.5% for the S&P 500, according to Morningstar. The MSCI USA High Dividend Yield Index notched a slightly better result, with a gross return of minus 32.6% over that stretch.\nLooking at the full year, theTechnology Select Sector SPDR Fund(ticker: XLK), a proxy for large technology companies, returned 43.6% in 2020, well above theS&P 500’s18.4% result or theS&P 500 Dividend Aristocrats’ 8.7% return.\nBeaten but Not BrokenDespite recent underperformance, the long-term case for dividend funds\n\n\n\nFund or Index / Ticker\n1-Year Return\nDividend Yield\nAUM (bil)\nNet Expense Ratio\n\n\n\n\nColumbia Dividend Income / GSFTX\n9.2%\n1.7%\n$28.9\n0.69%\n\n\nFranklin Equity Income / FISEX\n6.2\n2.2\n2.8\n0.86\n\n\nJPMorgan Equity Income / OIEIX\n4.8\n2.3\n37.5\n0.98\n\n\nT. Rowe Price Dividend Growth / PRDGX\n12.3\n1.1\n18\n0.63\n\n\nVanguard Dividend Growth / VDIGX\n8.5\n1.8\n47.4\n0.27\n\n\nVanguard Dividend Appreciation / VIG\n13.0\n1.9\n53.2\n0.06\n\n\nS&P 500\n16.7\n1.5\nNA\nNA\n\n\n\nNote: Returns as of Jan. 15. NA=Not applicable\nSources: Morningstar; Bloomberg; company reports\nHowever, Arnott argues that dividend stocks have acquitted themselves better during various other challenging periods—performance levels they may well return to in future rough patches. Over the 41 five-year rolling periods from 1976 through 2020, dividend stocks outpaced the broader market in 25 of those spans. But as with so much else during the pandemic, 2020 was an aberration for dividend stocks.\n“They’ve typically fared best during periods of slow economic growth and sluggish market returns, such as the early part of the [2000s] and in the 1980s, when stagflation dragged down market returns,” Arnott observed in her Jan. 11 note.\nIn contrast, dividend stocks trailed the broader market through much of the 1990s when the tech-stock bubble inflated. They “tend to fare worst during more ebullient times, such as 1995-99 and the generally strong period from 2016 through 2020,” she wrote.\nArnott also looked at the trailing 20-year returns and volatility, as measured by standard deviation, for dividend stocks. The MSCI USA High Dividend Yield Index had a 20-year annual return of 7.89%, versus 7.49% for the S&P 500. That dividend index also was less volatile over that period, with a standard deviation of 13.23, nearly two percentage points better than the broader market’s 15.08.\n“Stocks with above-average dividends have generally held up relatively well in previous market downturns,” Arnott wrote, pointing to the fourth quarter of 1987, the early 2000s, and the fourth quarter of 2018 as examples.\nTo supplement Arnott’s observations,Barron’slooked at some of the equity income funds we have written about in recent years. None of these funds have outperformed the S&P 500 over the past 12 months.\nNearly all of them, however, have finished in the top half of the Morningstar category when measured by three- and five-year returns—and many have strong performance over even longer periods as well.\nThe T. Rowe Price Dividend Growth Fund (PRDGX), which tries togenerate income and capital appreciation, has a one-year return of 12.3%, ranking second among the funds included in the accompanying table.\nAs of Dec. 31, the portfolio’s top sector weighting was technology at 22.2%, followed by health care at 16.5%, and financials at 12.8%. Its top two holdings wereMicrosoft(MSFT), which yields 1%, andApple(AAPL), which yields 0.6%. Neither stock has a big yield. But Microsoft has returned about 36% over the past year, dividends included, and Apple has gained about 67%.\nTheColumbia Dividend Income Fund(GSFTX) has a one-year return of 9.2%. A fourth-quarter tailwind forthe fundwas an overweight position in bank stocks such asBank of America(BAC), which yields 2.2%, andJPMorgan Chase(JPM), 2.7%.\n“The segment benefited from the quarter’s rotation into value,” according to the fund managers’ commentary on the company’s website, adding that bank stocks helped as well.\nThe JPMorgan Equity Income Fund(OIEIX) had a tougher time of it, with a return of 4.8% over the past 12 months, placing it in the middle of the pack among its peers.\nUnder longtime lead managerClare Hart, the portfolio has placed in the top half of its Morningstar peer group over the past three and five years and in the top 10% over the past 10 and 15 years. “Underperformance was predominantly a function of what we don’t own rather than what we do,” according to an assessment of the fund’s fourth-quarter performance by Hart and one of her colleagues, Jamie Steinhardt.\nThe managers also pointed out thatBest Buy(BBY) andHome Depot(HD) “gave back some of their gains [despite] both companies reporting double-digit earnings growth.”\nThe fund did benefit from financial holdings such as Bank of America.\nActively managed funds aren’t the only option for investors. There are various ETFs, which typically hew to an index and don’t have a manager actively buying and selling stocks.\nTheVanguard Dividend Appreciation ETF(VIG) has a one-year return of 13%, tops among the funds included in the table, helped by an ultralow expense ratio of 0.06%.\nThe fund, which tries to track the Nasdaq US Dividend Achievers Select Index, recently held 212 stocks with a median market capitalization of about $158 billion, giving it a large-cap bent.\nAs of Dec. 31, its biggest sector weighting was consumer discretionary at 22.8%, followed by industrials at 20.8%, and health care at 14.9%. Technology clocked in at 12.5%—showing that a dividend stock fund doesn’t have to have a big tech overweighting to perform well right now.\n“The bottom line is that every down market is different, and dividend-oriented stocks won’t excel in every one,” Arnott wrote in her note’s conclusion. “Overall, though, they tend to hold up a bit better than average during times of market turbulence and have generated attractive risk-adjusted returns over longer periods.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310844217,"gmtCreate":1611313195039,"gmtModify":1704859496688,"author":{"id":"3568631492295636","authorId":"3568631492295636","name":"Darr3ny3o","avatar":"https://static.tigerbbs.com/e9a03ad0ec2bfdb3034d9d2a056d3b6b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568631492295636","idStr":"3568631492295636"},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310844217","repostId":"1148522524","repostType":4,"repost":{"id":"1148522524","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1611303309,"share":"https://ttm.financial/m/news/1148522524?lang=&edition=fundamental","pubTime":"2021-01-22 16:15","market":"hk","language":"en","title":"Stock bubble worries push Chinese investors from home to Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=1148522524","media":"Reuters","summary":"As China’s blue-chip index approaches an all-time high, growing fears about bubbles developing in so","content":"<p>As China’s blue-chip index approaches an all-time high, growing fears about bubbles developing in some parts of the country’s stock market are prodding some investors to seek bargains in Hong Kong.</p>\n<p>Retail investors have poured money into stocks via mutual funds, pushing valuations in sectors such as consumer, healthcare and new energy to multi-year or even record levels.</p>\n<p>For instance, the CSI new energy index has climbed 15% so far this year, after more than doubling in 2020, thanks in part to China’s carbon neutrality pledge.</p>\n<p>(Graphic: China's new energy, healthcare and consumer stocks lead gains as the country's blue--chip index nears a record high, ) (Graphic: Valuations of China's stock market darlings surge, )</p>\n<p><img src=\"https://static.tigerbbs.com/779d6f70637a4ac561d4c9c76ff8bf6f\" tg-width=\"1530\" tg-height=\"758\"><img src=\"https://static.tigerbbs.com/d5cd7f254e3f8b8a2d412906694f2e33\" tg-width=\"616\" tg-height=\"462\"></p>\n<p>“There are big bubbles in consumer, health care and liquor stocks, with valuations of some of these shares exceeding their previous record highs,” said Dong Baozhen, chairman of Beijing-based private securities fund Lingtong Shengtai Investment Management.</p>\n<p>“Their rally has nothing to do with fundamentals now and poses huge risks for investors,” he added.</p>\n<p>In the latest example of retail frenzy, a Chinese mutual fund attracted a record $37 billion worth of investor subscriptions on the first day of sales.</p>\n<p>(Graphic: China's mutual fund industry grows rapidly, )</p>\n<p><img src=\"https://static.tigerbbs.com/8fa2b4cdb731b06797d94af06272d14c\" tg-width=\"863\" tg-height=\"479\"></p>\n<p>The rise in stock prices has been fuelled by foreign and domestic money, as Chinese authorities unleashed massive stimulus to deal with the blow from the COVID-19 pandemic and the country’s economy recovered faster than others.</p>\n<p>As worries increase over frothy valuations, some investors are turning to cheaper Chinese shares listed in Hong Kong, particularly as U.S. exchanges delist these firms and American investors are forced to offload their shares.</p>\n<p>“The (U.S.) bans actually tell people what good assets are in Hong Kong,” said Xia Tian, managing director at Shanghai-based asset management firm Minvest.</p>\n<p>Investor buying via Stock Connect from the mainland to Hong Kong hit a record high of HK$26.6 billion ($3.43 billion) on Tuesday, and the total southbound purchases in the new year hit HK$221.8 billion as of Thursday, according to exchange data.</p>\n<p>The Stock Connect scheme gives investors access to both markets when investing in A-shares in the mainland and H-shares in Hong Kong.</p>\n<p>Morgan Stanley reckons the robust flows into Hong Kong owe to mainland policymakers’ encouragement of outbound investment and an elevated premium of domestic A-shares over the Hong Kong-listed H-shares. Companies’ A-shares listed in China are currently trading at a more than 30% premium over their Hong Kong-listed shares.</p>\n<p>(Graphic: Mainland investors hunt for bargains in Hong Kong, )</p>\n<p><img src=\"https://static.tigerbbs.com/51daf49d9de2b37db2a2b003e3f2b5d1\" tg-width=\"865\" tg-height=\"477\"></p>\n<p><b>JUSTIFIED EXUBERANCE?</b></p>\n<p>The rally in China’s A-share market has also been driven by foreign investment. As of Thursday, foreign investors had purchased a total of 48.7 billion yuan ($7.53 billion) worth of A-shares via the Stock Connect this year, which is already a fifth of what they bought in 2020.</p>\n<p>UBS expects flows of 200 billion yuan into the A-share market in 2021, citing improvement in China’s legal protection for investors, better information disclosure by major shareholders and more capable leading firms in various industries.</p>\n<p>(Graphic: Foreign investors continued to buy A-shares in 2020, )</p>\n<p><img src=\"https://static.tigerbbs.com/d7b559c21ae4cb9bbbda25a57bc7f502\" tg-width=\"884\" tg-height=\"506\"></p>\n<p>Some investors believe the exuberance onshore is justified due to China’s solid economic recovery, continued policy support and further opening up of its capital markets.</p>\n<p>“There is no frothiness in leading large-cap stocks, seen as safer bets as China pushes forward with registration-based IPO reforms in the market,” said Wang Mingli, executive director of Youpu Investment, a Shanghai-based private securities fund.</p>\n<p>“Investors would come back even later if they reduce exposure for now as there are few options out there that represent the country’s future economic development,” he added.</p>\n<p>($1 = 6.4676 Chinese yuan)</p>\n<p>($1 = 7.7517 Hong Kong dollars)</p>","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>Stock bubble worries push Chinese investors from home to Hong Kong</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\">\nStock bubble worries push Chinese investors from home to Hong Kong\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-01-22 16:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>As China’s blue-chip index approaches an all-time high, growing fears about bubbles developing in some parts of the country’s stock market are prodding some investors to seek bargains in Hong Kong.</p>\n<p>Retail investors have poured money into stocks via mutual funds, pushing valuations in sectors such as consumer, healthcare and new energy to multi-year or even record levels.</p>\n<p>For instance, the CSI new energy index has climbed 15% so far this year, after more than doubling in 2020, thanks in part to China’s carbon neutrality pledge.</p>\n<p>(Graphic: China's new energy, healthcare and consumer stocks lead gains as the country's blue--chip index nears a record high, ) (Graphic: Valuations of China's stock market darlings surge, )</p>\n<p><img src=\"https://static.tigerbbs.com/779d6f70637a4ac561d4c9c76ff8bf6f\" tg-width=\"1530\" tg-height=\"758\"><img src=\"https://static.tigerbbs.com/d5cd7f254e3f8b8a2d412906694f2e33\" tg-width=\"616\" tg-height=\"462\"></p>\n<p>“There are big bubbles in consumer, health care and liquor stocks, with valuations of some of these shares exceeding their previous record highs,” said Dong Baozhen, chairman of Beijing-based private securities fund Lingtong Shengtai Investment Management.</p>\n<p>“Their rally has nothing to do with fundamentals now and poses huge risks for investors,” he added.</p>\n<p>In the latest example of retail frenzy, a Chinese mutual fund attracted a record $37 billion worth of investor subscriptions on the first day of sales.</p>\n<p>(Graphic: China's mutual fund industry grows rapidly, )</p>\n<p><img src=\"https://static.tigerbbs.com/8fa2b4cdb731b06797d94af06272d14c\" tg-width=\"863\" tg-height=\"479\"></p>\n<p>The rise in stock prices has been fuelled by foreign and domestic money, as Chinese authorities unleashed massive stimulus to deal with the blow from the COVID-19 pandemic and the country’s economy recovered faster than others.</p>\n<p>As worries increase over frothy valuations, some investors are turning to cheaper Chinese shares listed in Hong Kong, particularly as U.S. exchanges delist these firms and American investors are forced to offload their shares.</p>\n<p>“The (U.S.) bans actually tell people what good assets are in Hong Kong,” said Xia Tian, managing director at Shanghai-based asset management firm Minvest.</p>\n<p>Investor buying via Stock Connect from the mainland to Hong Kong hit a record high of HK$26.6 billion ($3.43 billion) on Tuesday, and the total southbound purchases in the new year hit HK$221.8 billion as of Thursday, according to exchange data.</p>\n<p>The Stock Connect scheme gives investors access to both markets when investing in A-shares in the mainland and H-shares in Hong Kong.</p>\n<p>Morgan Stanley reckons the robust flows into Hong Kong owe to mainland policymakers’ encouragement of outbound investment and an elevated premium of domestic A-shares over the Hong Kong-listed H-shares. Companies’ A-shares listed in China are currently trading at a more than 30% premium over their Hong Kong-listed shares.</p>\n<p>(Graphic: Mainland investors hunt for bargains in Hong Kong, )</p>\n<p><img src=\"https://static.tigerbbs.com/51daf49d9de2b37db2a2b003e3f2b5d1\" tg-width=\"865\" tg-height=\"477\"></p>\n<p><b>JUSTIFIED EXUBERANCE?</b></p>\n<p>The rally in China’s A-share market has also been driven by foreign investment. As of Thursday, foreign investors had purchased a total of 48.7 billion yuan ($7.53 billion) worth of A-shares via the Stock Connect this year, which is already a fifth of what they bought in 2020.</p>\n<p>UBS expects flows of 200 billion yuan into the A-share market in 2021, citing improvement in China’s legal protection for investors, better information disclosure by major shareholders and more capable leading firms in various industries.</p>\n<p>(Graphic: Foreign investors continued to buy A-shares in 2020, )</p>\n<p><img src=\"https://static.tigerbbs.com/d7b559c21ae4cb9bbbda25a57bc7f502\" tg-width=\"884\" tg-height=\"506\"></p>\n<p>Some investors believe the exuberance onshore is justified due to China’s solid economic recovery, continued policy support and further opening up of its capital markets.</p>\n<p>“There is no frothiness in leading large-cap stocks, seen as safer bets as China pushes forward with registration-based IPO reforms in the market,” said Wang Mingli, executive director of Youpu Investment, a Shanghai-based private securities fund.</p>\n<p>“Investors would come back even later if they reduce exposure for now as there are few options out there that represent the country’s future economic development,” he added.</p>\n<p>($1 = 6.4676 Chinese yuan)</p>\n<p>($1 = 7.7517 Hong Kong dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","HSCCI":"红筹指数","000001.SH":"上证指数","HSCEI":"国企指数","HSI":"恒生指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148522524","content_text":"As China’s blue-chip index approaches an all-time high, growing fears about bubbles developing in some parts of the country’s stock market are prodding some investors to seek bargains in Hong Kong.\nRetail investors have poured money into stocks via mutual funds, pushing valuations in sectors such as consumer, healthcare and new energy to multi-year or even record levels.\nFor instance, the CSI new energy index has climbed 15% so far this year, after more than doubling in 2020, thanks in part to China’s carbon neutrality pledge.\n(Graphic: China's new energy, healthcare and consumer stocks lead gains as the country's blue--chip index nears a record high, ) (Graphic: Valuations of China's stock market darlings surge, )\n\n“There are big bubbles in consumer, health care and liquor stocks, with valuations of some of these shares exceeding their previous record highs,” said Dong Baozhen, chairman of Beijing-based private securities fund Lingtong Shengtai Investment Management.\n“Their rally has nothing to do with fundamentals now and poses huge risks for investors,” he added.\nIn the latest example of retail frenzy, a Chinese mutual fund attracted a record $37 billion worth of investor subscriptions on the first day of sales.\n(Graphic: China's mutual fund industry grows rapidly, )\n\nThe rise in stock prices has been fuelled by foreign and domestic money, as Chinese authorities unleashed massive stimulus to deal with the blow from the COVID-19 pandemic and the country’s economy recovered faster than others.\nAs worries increase over frothy valuations, some investors are turning to cheaper Chinese shares listed in Hong Kong, particularly as U.S. exchanges delist these firms and American investors are forced to offload their shares.\n“The (U.S.) bans actually tell people what good assets are in Hong Kong,” said Xia Tian, managing director at Shanghai-based asset management firm Minvest.\nInvestor buying via Stock Connect from the mainland to Hong Kong hit a record high of HK$26.6 billion ($3.43 billion) on Tuesday, and the total southbound purchases in the new year hit HK$221.8 billion as of Thursday, according to exchange data.\nThe Stock Connect scheme gives investors access to both markets when investing in A-shares in the mainland and H-shares in Hong Kong.\nMorgan Stanley reckons the robust flows into Hong Kong owe to mainland policymakers’ encouragement of outbound investment and an elevated premium of domestic A-shares over the Hong Kong-listed H-shares. Companies’ A-shares listed in China are currently trading at a more than 30% premium over their Hong Kong-listed shares.\n(Graphic: Mainland investors hunt for bargains in Hong Kong, )\n\nJUSTIFIED EXUBERANCE?\nThe rally in China’s A-share market has also been driven by foreign investment. As of Thursday, foreign investors had purchased a total of 48.7 billion yuan ($7.53 billion) worth of A-shares via the Stock Connect this year, which is already a fifth of what they bought in 2020.\nUBS expects flows of 200 billion yuan into the A-share market in 2021, citing improvement in China’s legal protection for investors, better information disclosure by major shareholders and more capable leading firms in various industries.\n(Graphic: Foreign investors continued to buy A-shares in 2020, )\n\nSome investors believe the exuberance onshore is justified due to China’s solid economic recovery, continued policy support and further opening up of its capital markets.\n“There is no frothiness in leading large-cap stocks, seen as safer bets as China pushes forward with registration-based IPO reforms in the market,” said Wang Mingli, executive director of Youpu Investment, a Shanghai-based private securities fund.\n“Investors would come back even later if they reduce exposure for now as there are few options out there that represent the country’s future economic development,” he added.\n($1 = 6.4676 Chinese yuan)\n($1 = 7.7517 Hong Kong dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310845773,"gmtCreate":1611313136892,"gmtModify":1704859495720,"author":{"id":"3568631492295636","authorId":"3568631492295636","name":"Darr3ny3o","avatar":"https://static.tigerbbs.com/e9a03ad0ec2bfdb3034d9d2a056d3b6b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568631492295636","idStr":"3568631492295636"},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310845773","repostId":"2105546600","repostType":2,"repost":{"id":"2105546600","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1611304474,"share":"https://ttm.financial/m/news/2105546600?lang=&edition=fundamental","pubTime":"2021-01-22 16:34","market":"hk","language":"en","title":"Hong Kong stocks fall as China's composite index slips when global rally pauses","url":"https://stock-news.laohu8.com/highlight/detail?id=2105546600","media":"Reuters","summary":"Jan 22 (Reuters) - Hong Kong stocks ended lower on Friday, the biggest daily percentage drop since N","content":"<p>Jan 22 (Reuters) - Hong Kong stocks ended lower on Friday, the biggest daily percentage drop since Nov. 30, as investors locked in gains following recent strength and China's composite stock index slipped amid a breather in the global rally.</p>\n<p>At the close of trade, the Hang Seng index was down 1.6% at 29,447.85. The Hang Seng China Enterprises index&nbsp;fell 1.8% to 11,677.45.</p>\n<p>For the week, the indexes rose 3.06% and 3.15% respectively, their fourth consecutive week of gains.</p>\n<p>The sub-index of the Hang Seng tracking energy shares&nbsp;fell 4.5%, while the IT sector dipped 0.1%, the financial sector ended 2.6% lower and the property sector slipped 1.8%.</p>\n<p>\"U.S. sanction does not affect the solid fundamental of some Chinese big names, the correction of the stock market has made the valuation even more attractive,\" said Carie Li, economist of OCBC Wing Hang Bank in Hong Kong.</p>\n<p>The top gainer on the Hang Seng was WuXi Biologics (Cayman) Inc, which rose 6.03%, while the biggest loser was CNOOC Ltd, which fell 5.6%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was firmer by 0.72%, while Japan's Nikkei index&nbsp;was down 0.4%.</p>\n<p>Republicans in the U.S. Congress have indicated they are willing to work with the new president on his administration's top priority, a $1.9 trillion fiscal stimulus plan, but some are opposed to the price tag.</p>\n<p>China's main Shanghai Composite index closed 0.4% lower at 3,606.75 points, while the blue-chip CSI300 index&nbsp;ended 0.1% higher.</p>\n<p>At 0804 GMT, the yuan was quoted at 6.4760 per U.S. dollar, comparing to the previous close of 6.4595.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong stocks fall as China's composite index slips when global rally pauses</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong stocks fall as China's composite index slips when global rally pauses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-01-22 16:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Jan 22 (Reuters) - Hong Kong stocks ended lower on Friday, the biggest daily percentage drop since Nov. 30, as investors locked in gains following recent strength and China's composite stock index slipped amid a breather in the global rally.</p>\n<p>At the close of trade, the Hang Seng index was down 1.6% at 29,447.85. The Hang Seng China Enterprises index&nbsp;fell 1.8% to 11,677.45.</p>\n<p>For the week, the indexes rose 3.06% and 3.15% respectively, their fourth consecutive week of gains.</p>\n<p>The sub-index of the Hang Seng tracking energy shares&nbsp;fell 4.5%, while the IT sector dipped 0.1%, the financial sector ended 2.6% lower and the property sector slipped 1.8%.</p>\n<p>\"U.S. sanction does not affect the solid fundamental of some Chinese big names, the correction of the stock market has made the valuation even more attractive,\" said Carie Li, economist of OCBC Wing Hang Bank in Hong Kong.</p>\n<p>The top gainer on the Hang Seng was WuXi Biologics (Cayman) Inc, which rose 6.03%, while the biggest loser was CNOOC Ltd, which fell 5.6%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was firmer by 0.72%, while Japan's Nikkei index&nbsp;was down 0.4%.</p>\n<p>Republicans in the U.S. Congress have indicated they are willing to work with the new president on his administration's top priority, a $1.9 trillion fiscal stimulus plan, but some are opposed to the price tag.</p>\n<p>China's main Shanghai Composite index closed 0.4% lower at 3,606.75 points, while the blue-chip CSI300 index&nbsp;ended 0.1% higher.</p>\n<p>At 0804 GMT, the yuan was quoted at 6.4760 per U.S. dollar, comparing to the previous close of 6.4595.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09999":"网易-S","03143":"华夏香港银行股","01177":"中国生物制药","HSCCI":"红筹指数","02269":"药明生物","00981":"中芯国际","HSCEI":"国企指数","00883":"中国海洋石油","06618":"京东健康","01810":"小米集团-W","HSI":"恒生指数","01658":"邮储银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2105546600","content_text":"Jan 22 (Reuters) - Hong Kong stocks ended lower on Friday, the biggest daily percentage drop since Nov. 30, as investors locked in gains following recent strength and China's composite stock index slipped amid a breather in the global rally.\nAt the close of trade, the Hang Seng index was down 1.6% at 29,447.85. The Hang Seng China Enterprises index fell 1.8% to 11,677.45.\nFor the week, the indexes rose 3.06% and 3.15% respectively, their fourth consecutive week of gains.\nThe sub-index of the Hang Seng tracking energy shares fell 4.5%, while the IT sector dipped 0.1%, the financial sector ended 2.6% lower and the property sector slipped 1.8%.\n\"U.S. sanction does not affect the solid fundamental of some Chinese big names, the correction of the stock market has made the valuation even more attractive,\" said Carie Li, economist of OCBC Wing Hang Bank in Hong Kong.\nThe top gainer on the Hang Seng was WuXi Biologics (Cayman) Inc, which rose 6.03%, while the biggest loser was CNOOC Ltd, which fell 5.6%.\nAround the region, MSCI's Asia ex-Japan stock index was firmer by 0.72%, while Japan's Nikkei index was down 0.4%.\nRepublicans in the U.S. Congress have indicated they are willing to work with the new president on his administration's top priority, a $1.9 trillion fiscal stimulus plan, but some are opposed to the price tag.\nChina's main Shanghai Composite index closed 0.4% lower at 3,606.75 points, while the blue-chip CSI300 index ended 0.1% higher.\nAt 0804 GMT, the yuan was quoted at 6.4760 per U.S. dollar, comparing to the previous close of 6.4595.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310828429,"gmtCreate":1611309242061,"gmtModify":1704859465947,"author":{"id":"3568631492295636","authorId":"3568631492295636","name":"Darr3ny3o","avatar":"https://static.tigerbbs.com/e9a03ad0ec2bfdb3034d9d2a056d3b6b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568631492295636","idStr":"3568631492295636"},"themes":[],"htmlText":"Hi. Hi. Hi.&nbsp;","listText":"Hi. Hi. Hi.&nbsp;","text":"Hi. Hi. Hi.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/310828429","isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3527667803686145","idStr":"3527667803686145"},"content":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}