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- JeremyjoosikJeremyjoosik
  ·2021-05-27
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  BUZZ-HK-listed web games developer Feiyu surges as Tencent raises stake
  ** Shares of mobile and web games developer Feiyu Technology International Co Ltd surge as much a
  BUZZ-HK-listed web games developer Feiyu surges as Tencent raises stake
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- JeremyjoosikJeremyjoosik
  ·2021-05-27
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  COLUMN-China, India buying adds support to bullish gold narrative: Russell
  (The opinions expressed here are those of the author, a columnist for Reuters.) * GRAPHIC - Gold d
  COLUMN-China, India buying adds support to bullish gold narrative: Russell
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since April 26; among the 30 biggest percentage gainers on the Hong Kong bourse</p><p>   ** Fujian-based company says Tencent    has through its wholly-owned THL H Ltd bought 90 mln shares, or 5.24% of the issued share capital, taking its stake to 15.24%   </p><p>   ** Says the acquisitions will not have any material effect on the company's financial position and operations</p><p>   ** The Hong Kong Hang Seng sub-index tracking information technology firms    falls 1%, while the Hang Seng Tech Index    gains 0.3%</p><p>   ** The Hang Seng China enterprises index    slips 0.4%, and the benchmark index    eases 0.3%</p><p>   ** By last close, the stock had soared 450% this year </p><p> (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)</p></body></html>","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\" 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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\">\nBUZZ-HK-listed web games developer Feiyu surges as Tencent raises stake\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\">2021-05-27 12:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>** Shares of mobile and web games developer Feiyu Technology International Co Ltd    surge as much as 20.2% to HK$1.19, their highest since April 28</p><p>   ** Stock on course to snap two straight sessions of decline</p><p>   ** Stock set for its best day since April 26; among the 30 biggest percentage gainers on the Hong Kong bourse</p><p>   ** Fujian-based company says Tencent    has through its wholly-owned THL H Ltd bought 90 mln shares, or 5.24% of the issued share capital, taking its stake to 15.24%   </p><p>   ** Says the acquisitions will not have any material effect on the company's financial position and operations</p><p>   ** The Hong Kong Hang Seng sub-index tracking information technology firms    falls 1%, while the Hang Seng Tech Index    gains 0.3%</p><p>   ** The Hang Seng China enterprises index    slips 0.4%, and the benchmark index    eases 0.3%</p><p>   ** By last close, the stock had soared 450% this year </p><p> (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01022":"飞鱼科技","00700":"腾讯控股","QNETCN":"纳斯达克中美互联网老虎指数","TCEHY":"腾讯控股ADR"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138614073","content_text":"** Shares of mobile and web games developer Feiyu Technology International Co Ltd    surge as much as 20.2% to HK$1.19, their highest since April 28   ** Stock on course to snap two straight sessions of decline   ** Stock set for its best day since April 26; among the 30 biggest percentage gainers on the Hong Kong bourse   ** Fujian-based company says Tencent    has through its wholly-owned THL H Ltd bought 90 mln shares, or 5.24% of the issued share capital, taking its stake to 15.24%      ** Says the acquisitions will not have any material effect on the company's financial position and operations   ** The Hong Kong Hang Seng sub-index tracking information technology firms    falls 1%, while the Hang Seng Tech Index    gains 0.3%   ** The Hang Seng China enterprises index    slips 0.4%, and the benchmark index    eases 0.3%   ** By last close, the stock had soared 450% this year  (Reuters Messaging: 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boost from renewed interest from the top two physical buyers, China and India.</p><p>   Spot gold    failed to hold levels above $1,900 an ounce during Wednesday's session, ending at $1,896.44, having traded as high as $1,912.50 during the session.</p><p>   That was the highest price since Jan. 8 and the yellow metal has gained 13.1% since its year-to-date low of $1,676.10 an ounce, hit on March 8.</p><p>   While these gains look modest when compared to the darlings of the metals market such as copper and iron ore, gold is once again making a case for investor attention.</p><p>   The market narrative for the recent rally has been mounting worries that inflation is poised to make a comeback in the global economy, as governments across the globe spend massive amounts to stimulate economies ravaged by lockdowns to combat the spread of the coronavirus.</p><p>   This supports gold on the basis that inflation will take root before the world's central banks raise interest rates to stamp it out, thus leaving the precious metal to fulfil its historical role as a hedge against rising prices.</p><p>   Certainly, investor interest in gold exchange-traded funds (ETFs) has returned in recent weeks, with the biggest gold ETF, the SPDR Gold Trust, showing holdings    at 33.568 million ounces on Wednesday.</p><p>   This was down slightly on the previous day's 33.633 million ounces, but up 2.7% since the low of 32.699 million on April 29.</p><p>   While the increase in the SPDR's holdings may be a mildly bullish signal, it's worth noting that they are still well below the 41.115 million ounces in September last year, which was a 7 1/2-year high.</p><p>   A further factor that weighs on investor appetite for gold is the view that the current inflationary pressures are temporary and will fade in coming quarters once baseline effects from the economic hit from coronavirus lockdowns pass through.</p><p>   However, there are some positive signs emerging for gold from India and China, where physical demand appears to be returning to what could be described as more normal levels.</p><p>   India's imports in April were nearly 70 tonnes, according to Refinitiv GFMS, which was down from March's 103 tonnes.</p><p>   However, the March figure was a two-year high and April's imports were the second-best month so far in 2020.</p><p>   There are several other factors to consider with India, the main <a href=\"https://laohu8.com/S/AONE\">one</a> being the current coronavirus outbreak, which is likely to have dampened gold demand in May, and likely into June and July as well.</p><p>   However, what the recent pattern of India's consumption has shown is that when the coronavirus outbreak is finally contained, there will be substantial pent-up gold demand.</p><p>   This means that at some point this year it's likely Indian physical buying will make a robust return.</p><p>   CHINA RECOVERY</p><p>   In China, there are also signs of improving demand, with first quarter demand coming in at 191.1 tonnes, the highest quarterly total since 2015, according to data from the World Gold Council.</p><p>   This was up a massive 212% from the first quarter of 2020, when demand was crushed by the coronavirus, but it was also some 4% above the first quarter of 2019, indicating some real strength in China's demand.</p><p>   Chinese buying may have continued, with net gold imports via Hong Kong surging in April to the highest since December 2019, according to official data from the Chinese territory's government.  </p><p>   Gold from Hong Kong is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the main conduits for China's imports and serves as a useful indicator of Chinese demand.</p><p>   Given China's relative success in curbing the spread of the coronavirus and its subsequent economic recovery, the chances are that gold demand will remain strong over the rest of 2021.</p><p>   If physical demand in China and India continues to recover over the rest of 2021, coupled with some investor concern about inflation, the backdrop for gold is turning more positive. </p><p> (Editing by Richard Pullin)</p><p>((clyde.russell@thomsonreuters.com)(+61 437 622 448)(Reuters Messaging: clyde.russell.thomsonreuters.com@reuters.net))</p></body></html>","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>COLUMN-China, India buying adds support to bullish gold narrative: Russell</title>\n<style 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}\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\">\nCOLUMN-China, India buying adds support to bullish gold narrative: Russell\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\">2021-05-27 13:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>(The opinions expressed here are those of the author, a columnist for Reuters.)</p><p>   * GRAPHIC - Gold demand in China and India: </p><p>    By Clyde Russell</p><p>   LAUNCESTON, Australia, May 27 (Reuters) - Gold has snuck back on to the radar screens of investors thanks to increased concern about inflation pressures, but the precious metal also appears to be getting a boost from renewed interest from the top two physical buyers, China and India.</p><p>   Spot gold    failed to hold levels above $1,900 an ounce during Wednesday's session, ending at $1,896.44, having traded as high as $1,912.50 during the session.</p><p>   That was the highest price since Jan. 8 and the yellow metal has gained 13.1% since its year-to-date low of $1,676.10 an ounce, hit on March 8.</p><p>   While these gains look modest when compared to the darlings of the metals market such as copper and iron ore, gold is once again making a case for investor attention.</p><p>   The market narrative for the recent rally has been mounting worries that inflation is poised to make a comeback in the global economy, as governments across the globe spend massive amounts to stimulate economies ravaged by lockdowns to combat the spread of the coronavirus.</p><p>   This supports gold on the basis that inflation will take root before the world's central banks raise interest rates to stamp it out, thus leaving the precious metal to fulfil its historical role as a hedge against rising prices.</p><p>   Certainly, investor interest in gold exchange-traded funds (ETFs) has returned in recent weeks, with the biggest gold ETF, the SPDR Gold Trust, showing holdings    at 33.568 million ounces on Wednesday.</p><p>   This was down slightly on the previous day's 33.633 million ounces, but up 2.7% since the low of 32.699 million on April 29.</p><p>   While the increase in the SPDR's holdings may be a mildly bullish signal, it's worth noting that they are still well below the 41.115 million ounces in September last year, which was a 7 1/2-year high.</p><p>   A further factor that weighs on investor appetite for gold is the view that the current inflationary pressures are temporary and will fade in coming quarters once baseline effects from the economic hit from coronavirus lockdowns pass through.</p><p>   However, there are some positive signs emerging for gold from India and China, where physical demand appears to be returning to what could be described as more normal levels.</p><p>   India's imports in April were nearly 70 tonnes, according to Refinitiv GFMS, which was down from March's 103 tonnes.</p><p>   However, the March figure was a two-year high and April's imports were the second-best month so far in 2020.</p><p>   There are several other factors to consider with India, the main <a href=\"https://laohu8.com/S/AONE\">one</a> being the current coronavirus outbreak, which is likely to have dampened gold demand in May, and likely into June and July as well.</p><p>   However, what the recent pattern of India's consumption has shown is that when the coronavirus outbreak is finally contained, there will be substantial pent-up gold demand.</p><p>   This means that at some point this year it's likely Indian physical buying will make a robust return.</p><p>   CHINA RECOVERY</p><p>   In China, there are also signs of improving demand, with first quarter demand coming in at 191.1 tonnes, the highest quarterly total since 2015, according to data from the World Gold Council.</p><p>   This was up a massive 212% from the first quarter of 2020, when demand was crushed by the coronavirus, but it was also some 4% above the first quarter of 2019, indicating some real strength in China's demand.</p><p>   Chinese buying may have continued, with net gold imports via Hong Kong surging in April to the highest since December 2019, according to official data from the Chinese territory's government.  </p><p>   Gold from Hong Kong is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the main conduits for China's imports and serves as a useful indicator of Chinese demand.</p><p>   Given China's relative success in curbing the spread of the coronavirus and its subsequent economic recovery, the chances are that gold demand will remain strong over the rest of 2021.</p><p>   If physical demand in China and India continues to recover over the rest of 2021, coupled with some investor concern about inflation, the backdrop for gold is turning more positive. </p><p> (Editing by Richard Pullin)</p><p>((clyde.russell@thomsonreuters.com)(+61 437 622 448)(Reuters Messaging: clyde.russell.thomsonreuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF","NUGT":"二倍做多黄金矿业指数ETF-Direxion","DUST":"二倍做空黄金矿业指数ETF-Direxion","GDX":"黄金矿业ETF-VanEck","IAU":"黄金信托ETF(iShares)","GLD":"SPDR黄金ETF"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138712895","content_text":"(The opinions expressed here are those of the author, a columnist for Reuters.)   * GRAPHIC - Gold demand in China and India:     By Clyde Russell   LAUNCESTON, Australia, May 27 (Reuters) - Gold has snuck back on to the radar screens of investors thanks to increased concern about inflation pressures, but the precious metal also appears to be getting a boost from renewed interest from the top two physical buyers, China and India.   Spot gold    failed to hold levels above $1,900 an ounce during Wednesday's session, ending at $1,896.44, having traded as high as $1,912.50 during the session.   That was the highest price since Jan. 8 and the yellow metal has gained 13.1% since its year-to-date low of $1,676.10 an ounce, hit on March 8.   While these gains look modest when compared to the darlings of the metals market such as copper and iron ore, gold is once again making a case for investor attention.   The market narrative for the recent rally has been mounting worries that inflation is poised to make a comeback in the global economy, as governments across the globe spend massive amounts to stimulate economies ravaged by lockdowns to combat the spread of the coronavirus.   This supports gold on the basis that inflation will take root before the world's central banks raise interest rates to stamp it out, thus leaving the precious metal to fulfil its historical role as a hedge against rising prices.   Certainly, investor interest in gold exchange-traded funds (ETFs) has returned in recent weeks, with the biggest gold ETF, the SPDR Gold Trust, showing holdings    at 33.568 million ounces on Wednesday.   This was down slightly on the previous day's 33.633 million ounces, but up 2.7% since the low of 32.699 million on April 29.   While the increase in the SPDR's holdings may be a mildly bullish signal, it's worth noting that they are still well below the 41.115 million ounces in September last year, which was a 7 1/2-year high.   A further factor that weighs on investor appetite for gold is the view that the current inflationary pressures are temporary and will fade in coming quarters once baseline effects from the economic hit from coronavirus lockdowns pass through.   However, there are some positive signs emerging for gold from India and China, where physical demand appears to be returning to what could be described as more normal levels.   India's imports in April were nearly 70 tonnes, according to Refinitiv GFMS, which was down from March's 103 tonnes.   However, the March figure was a two-year high and April's imports were the second-best month so far in 2020.   There are several other factors to consider with India, the main one being the current coronavirus outbreak, which is likely to have dampened gold demand in May, and likely into June and July as well.   However, what the recent pattern of India's consumption has shown is that when the coronavirus outbreak is finally contained, there will be substantial pent-up gold demand.   This means that at some point this year it's likely Indian physical buying will make a robust return.   CHINA RECOVERY   In China, there are also signs of improving demand, with first quarter demand coming in at 191.1 tonnes, the highest quarterly total since 2015, according to data from the World Gold Council.   This was up a massive 212% from the first quarter of 2020, when demand was crushed by the coronavirus, but it was also some 4% above the first quarter of 2019, indicating some real strength in China's demand.   Chinese buying may have continued, with net gold imports via Hong Kong surging in April to the highest since December 2019, according to official data from the Chinese territory's government.     Gold from Hong Kong is one of the main conduits for China's imports and serves as a useful indicator of Chinese demand.   Given China's relative success in curbing the spread of the coronavirus and its subsequent economic recovery, the chances are that gold demand will remain strong over the rest of 2021.   If physical demand in China and India continues to recover over the rest of 2021, coupled with some investor concern about inflation, the backdrop for gold is turning more positive.  (Editing by Richard Pullin)((clyde.russell@thomsonreuters.com)(+61 437 622 448)(Reuters Messaging: clyde.russell.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}