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- zzhuizizizzhuizizi
  ·2021-06-08
  Lol
  Meme-stock surge lifts AMC, BlackBerry; regulator signals concern
  June 7 (Reuters) - Shares of AMC Entertainment and other "meme stocks" supported by individual trade
  Meme-stock surge lifts AMC, BlackBerry; regulator signals concern
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- zzhuizizizzhuizizi
  ·2021-06-08
  [Cry]
  Cathay Pacific given extension to draw down $1 billion government loan
  (Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex
  Cathay Pacific given extension to draw down $1 billion government loan
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- zzhuizizizzhuizizi
  ·2021-04-28
  wow
  Huawei’s Quarterly Sales Slump As Sanction Hit Phone Business
  Profit increased 27% as the Chinese tech giant cut costsIt’s seeking growth in areas like EVs as sma
  Huawei’s Quarterly Sales Slump As Sanction Hit Phone Business
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On Monday the agency said it is looking into signs of market manipulation given the \"volatility in certain stocks.\"</p><p>The volatility has also made it challenging for analysts to cover, with two analysts in the past week dropping coverage of GameStop, the stock that was catapulted higher in January by retail investors.</p><p>Cinema operator AMC Entertainment Holdings, which almost doubled in value again last week, was last up 21.1% at $58.00 while BlackBlerry's U.S. listing climbed 15.0% to $15.94 and put it up 56% since the start of June. Canadian cannabis producer Tilray's U.S. listing, meanwhile, surged 7.1%.</p><p>\"AMC never ceases to amaze me. Just when I think that train is over, it jumps almost 10 points in the first 30 min of trading,\" one poster on Reddit wrote.</p><p>Shares of AMC are up more than 2,500% for the year to date as it has courted individual investors, while shares of video game retailer GameStop are up about 1,305% over the same time.</p><p>However some bearish investors retreated from bets against AMC on Friday as the stock fell 6.7% that day with short interest falling 74.5 million shares, or 14.9% of AMC's float by the end of trade Friday from 88.2 million on Thursday, according to S3 Partners.</p><p>Institutional investors are largely sitting on the sidelines as the meme-stock rally driven by individual investors continues.</p><p>These individual investors \"don't need a reason. They're trying to do the same thing they did last week. It's a new week. They start over, the meme stock buyers, the wallstreetbets Reddit community,\" said Michael O'Rourke, chief market strategist at JonesTrading in Stamford, Connecticut.</p><p>Wall Street analysts have largely refused to increase their target prices - a sign of what they see as the fair value for a company's shares - despite the retail-investor driven rally.</p><p>Joseph Feldman, analyst at Telsey Advisory group terminated coverage of GameStop on Monday. His last rating on the stock was \"underperform\" and his last price target was $30, approximately 88% below where the company was trading Monday.</p><p>\"We're focusing on other areas,\" said Feldman. \"It's hard to justify where the stock is trading relative to the fundamentals.\"</p><p>That follows a similar decision last week by Bank of America to terminate coverage of GameStop \"due to a reallocation of resources.\"</p><p>Data showed AMC has been the top-traded stock among clients of brokerages Fidelity and Freetrade, used heavily by amateur and individual investors playing with their own money.</p><p>On trading-focused social media site Stocktwits, message volume related to AMC - a barometer of interest in the stock - rose 6.2% on Monday. BlackBerry was at the top of the list of stocks being mentioned on wallstreetbets, according to the swaggystocks.com sentiment tracker.</p><p>An SEC spokesperson said in a statement on Monday that they continue to \"monitor the market in light of the ongoing volatility in certain stocks to determine if there have been any disruptions of the market, manipulative trading, or other misconduct.\"</p><p>\"In addition, we will act to protect retail investors if violations of federal securities laws are found,” the SEC said.</p><p>Market participants have told Reuters that some Wall Street institutional investors are ramping up complex options trades that let them bet the shares will fall while keeping a lid on potential losses if they instead gain.</p><p>Among other meme stocks headphones maker KOSS rose 12.3%.</p>","source":"lsy1612507957220","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>Meme-stock surge lifts AMC, BlackBerry; regulator signals concern</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\">\nMeme-stock surge lifts AMC, BlackBerry; regulator signals concern\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-meme-stock-surge-lifts-174413990.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>June 7 (Reuters) - Shares of AMC Entertainment and other \"meme stocks\" supported by individual traders jumped on Monday, extending a rally in social-media favorites into a third week as message boards...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-meme-stock-surge-lifts-174413990.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","KOSS":"高斯电子","GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/1-meme-stock-surge-lifts-174413990.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126512182","content_text":"June 7 (Reuters) - Shares of AMC Entertainment and other \"meme stocks\" supported by individual traders jumped on Monday, extending a rally in social-media favorites into a third week as message boards hummed with talk about the potential to squeeze Wall Street short-sellers.The sharp gains, however, have caught the attention of regulators at the Securities and Exchange Commission. On Monday the agency said it is looking into signs of market manipulation given the \"volatility in certain stocks.\"The volatility has also made it challenging for analysts to cover, with two analysts in the past week dropping coverage of GameStop, the stock that was catapulted higher in January by retail investors.Cinema operator AMC Entertainment Holdings, which almost doubled in value again last week, was last up 21.1% at $58.00 while BlackBlerry's U.S. listing climbed 15.0% to $15.94 and put it up 56% since the start of June. Canadian cannabis producer Tilray's U.S. listing, meanwhile, surged 7.1%.\"AMC never ceases to amaze me. Just when I think that train is over, it jumps almost 10 points in the first 30 min of trading,\" one poster on Reddit wrote.Shares of AMC are up more than 2,500% for the year to date as it has courted individual investors, while shares of video game retailer GameStop are up about 1,305% over the same time.However some bearish investors retreated from bets against AMC on Friday as the stock fell 6.7% that day with short interest falling 74.5 million shares, or 14.9% of AMC's float by the end of trade Friday from 88.2 million on Thursday, according to S3 Partners.Institutional investors are largely sitting on the sidelines as the meme-stock rally driven by individual investors continues.These individual investors \"don't need a reason. They're trying to do the same thing they did last week. It's a new week. They start over, the meme stock buyers, the wallstreetbets Reddit community,\" said Michael O'Rourke, chief market strategist at JonesTrading in Stamford, Connecticut.Wall Street analysts have largely refused to increase their target prices - a sign of what they see as the fair value for a company's shares - despite the retail-investor driven rally.Joseph Feldman, analyst at Telsey Advisory group terminated coverage of GameStop on Monday. His last rating on the stock was \"underperform\" and his last price target was $30, approximately 88% below where the company was trading Monday.\"We're focusing on other areas,\" said Feldman. \"It's hard to justify where the stock is trading relative to the fundamentals.\"That follows a similar decision last week by Bank of America to terminate coverage of GameStop \"due to a reallocation of resources.\"Data showed AMC has been the top-traded stock among clients of brokerages Fidelity and Freetrade, used heavily by amateur and individual investors playing with their own money.On trading-focused social media site Stocktwits, message volume related to AMC - a barometer of interest in the stock - rose 6.2% on Monday. BlackBerry was at the top of the list of stocks being mentioned on wallstreetbets, according to the swaggystocks.com sentiment tracker.An SEC spokesperson said in a statement on Monday that they continue to \"monitor the market in light of the ongoing volatility in certain stocks to determine if there have been any disruptions of the market, manipulative trading, or other misconduct.\"\"In addition, we will act to protect retail investors if violations of federal securities laws are found,” the SEC said.Market participants have told Reuters that some Wall Street institutional investors are ramping up complex options trades that let them bet the shares will fall while keeping a lid on potential losses if they instead gain.Among other meme stocks headphones maker KOSS rose 12.3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117374356,"gmtCreate":1623119802375,"gmtModify":1704196484868,"author":{"id":"3575871936540062","authorId":"3575871936540062","name":"zzhuizizi","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575871936540062","authorIdStr":"3575871936540062"},"themes":[],"htmlText":"[Cry]&nbsp;","listText":"[Cry]&nbsp;","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117374356","repostId":"2141251669","repostType":4,"repost":{"id":"2141251669","pubTimestamp":1623118680,"share":"https://ttm.financial/m/news/2141251669?lang=&edition=fundamental","pubTime":"2021-06-08 10:18","market":"hk","language":"en","title":"Cathay Pacific given extension to draw down $1 billion government loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2141251669","media":"StreetInsider","summary":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex","content":"<p>(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to extend the drawdown period for a HK$7.8 billion ($1.01 billion) loan facility by a year to June 2022, giving it more flexibility to manage liquidity.</p><p>The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.</p><p>Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.</p><p>Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","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>Cathay Pacific given extension to draw down $1 billion government loan</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; 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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\">\nCathay Pacific given extension to draw down $1 billion government loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 10:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18530876><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to extend the drawdown period for a HK$7.8 billion ($1.01 billion) loan facility by a year to June 2022, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to extend the drawdown period for a HK$7.8 billion ($1.01 billion) loan facility by a year to June 2022, giving it more flexibility to manage liquidity.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are still largely shut.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100188805,"gmtCreate":1619589684607,"gmtModify":1704726437965,"author":{"id":"3575871936540062","authorId":"3575871936540062","name":"zzhuizizi","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575871936540062","authorIdStr":"3575871936540062"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100188805","repostId":"1197641102","repostType":4,"repost":{"id":"1197641102","pubTimestamp":1619588532,"share":"https://ttm.financial/m/news/1197641102?lang=&edition=fundamental","pubTime":"2021-04-28 13:42","market":"us","language":"en","title":"Huawei’s Quarterly Sales Slump As Sanction Hit Phone Business","url":"https://stock-news.laohu8.com/highlight/detail?id=1197641102","media":"Bloomberg","summary":"Profit increased 27% as the Chinese tech giant cut costsIt’s seeking growth in areas like EVs as sma","content":"<ul><li>Profit increased 27% as the Chinese tech giant cut costs</li><li>It’s seeking growth in areas like EVs as smartphones slump</li></ul><p>Huawei Technologies Co.’s quarterly earnings shrank for a second straight quarter after U.S. sanctions devastated the embattled Chinese tech giant’s smartphone business.</p><p>Huawei reported a 17% decline in sales to 150.1 billion yuan ($23 billion) in the first three months of this year, down from 180.6 billion yuan during the same period of last year. That follows a 11%&nbsp;decline&nbsp;in revenue for the three months ended December. Net income jumped more than a quarter to 16.8 billion yuan as the company reined in costs, according to numbers posted on the&nbsp;website&nbsp;of the Shanghai Clearing House, a government-backed clearing services platform.</p><p>Huawei declined to comment on the results.</p><p>Shenzhen-based Huawei is emerging from its toughest year on record, when sanctions by the Trump administration smothered its once-leading smartphone business and stymied advances into chipmaking and fifth-generation networking. The Biden White House has shown few signs of letting up, prompting billionaire founder Ren Zhengfei to direct the firm toward new growth areas such as smart agriculture, health care, cloud computing and electric cars.</p><p>Huawei is vying with other tech giants like Baidu Inc. and Xiaomi Corp. in venturing into the rapidly evolving fields of connected vehicles, homes and workplaces. The firm pledged&nbsp;$1 billion&nbsp;toward developing self-driving and electric-car technologies this year and has started to&nbsp;sell&nbsp;EVs with partner&nbsp;Chongqing Sokon Industry Group Co.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Huawei’s Quarterly Sales Slump As Sanction Hit Phone Business</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\">\nHuawei’s Quarterly Sales Slump As Sanction Hit Phone Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 13:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-28/huawei-s-quarterly-sales-slump-as-sanction-hit-phone-business?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Profit increased 27% as the Chinese tech giant cut costsIt’s seeking growth in areas like EVs as smartphones slumpHuawei Technologies Co.’s quarterly earnings shrank for a second straight quarter ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-28/huawei-s-quarterly-sales-slump-as-sanction-hit-phone-business?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SSNLF":"三星电子","AAPL":"苹果","01810":"小米集团-W"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-28/huawei-s-quarterly-sales-slump-as-sanction-hit-phone-business?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197641102","content_text":"Profit increased 27% as the Chinese tech giant cut costsIt’s seeking growth in areas like EVs as smartphones slumpHuawei Technologies Co.’s quarterly earnings shrank for a second straight quarter after U.S. sanctions devastated the embattled Chinese tech giant’s smartphone business.Huawei reported a 17% decline in sales to 150.1 billion yuan ($23 billion) in the first three months of this year, down from 180.6 billion yuan during the same period of last year. That follows a 11% decline in revenue for the three months ended December. Net income jumped more than a quarter to 16.8 billion yuan as the company reined in costs, according to numbers posted on the website of the Shanghai Clearing House, a government-backed clearing services platform.Huawei declined to comment on the results.Shenzhen-based Huawei is emerging from its toughest year on record, when sanctions by the Trump administration smothered its once-leading smartphone business and stymied advances into chipmaking and fifth-generation networking. The Biden White House has shown few signs of letting up, prompting billionaire founder Ren Zhengfei to direct the firm toward new growth areas such as smart agriculture, health care, cloud computing and electric cars.Huawei is vying with other tech giants like Baidu Inc. and Xiaomi Corp. in venturing into the rapidly evolving fields of connected vehicles, homes and workplaces. The firm pledged $1 billion toward developing self-driving and electric-car technologies this year and has started to sell EVs with partner Chongqing Sokon Industry Group Co.","news_type":1},"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}