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2021-06-23

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2021-07-12

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2021-06-22

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2021-06-15

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2021-08-23

$GENTING SINGAPORE LIMITED(G13.SI)$negative ir news from Japan, going down to 70cts...

2021-06-29

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2021-06-23

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2021-06-29

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2021-06-25

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2021-06-17

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2021-06-14

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2021-06-18

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2021-06-16

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2021-07-28

$Tiger Brokers(TIGR)$don't be fooled by pre mkt, this is going down to 12 before any rebound.

2021-06-25

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2021-06-18

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1 Big Reason to Dump AMD and Buy NVIDIA<blockquote>抛弃AMD并购买NVIDIA的1大理由</blockquote>

2021-08-17

$Alibaba(09988)$ buy this

3 Top E-Commerce Stocks to Buy in August<blockquote>8月份最值得买入的3只电子商务股票</blockquote>

2021-07-02

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S&P 500 winning streak extends to sixth straight record close<blockquote>标普500连胜纪录延续至六连胜纪录收盘</blockquote>

2021-06-28

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2021-06-27

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Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>

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Looming interest rate hikes also play a big part in accelerating this free fall.","listText":"‌<a href=\"https://laohu8.com/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>‌Many big and small players are dumping all the Mapletree familiy REITs all because of a stupid deal between MCT and MNACT. Looming interest rate hikes also play a big part in accelerating this free fall.","text":"‌$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$‌Many big and small players are dumping all the Mapletree familiy REITs all because of a stupid deal between MCT and MNACT. 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Looming interest rate hikes also play a big part in accelerating this free fall.","listText":"‌<a href=\"https://laohu8.com/S/M44U.SI\">$MAPLETREE LOGISTICS TRUST(M44U.SI)$</a>‌Many big and small players are dumping all the Mapletree familiy REITs all because of a stupid deal between MCT and MNACT. Looming interest rate hikes also play a big part in accelerating this free fall.","text":"‌$MAPLETREE LOGISTICS TRUST(M44U.SI)$‌Many big and small players are dumping all the Mapletree familiy REITs all because of a stupid deal between MCT and MNACT. Looming interest rate hikes also play a big part in accelerating this free fall.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/694804192","isVote":1,"tweetType":1,"viewCount":3202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":694805528,"gmtCreate":1641891293413,"gmtModify":1641891293880,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/V03.SI\">$VENTURE CORPORATION LIMITED(V03.SI)$</a>‌Interest rate hikes looming, let it free fall to $15.50 then enter.","listText":"‌<a href=\"https://laohu8.com/S/V03.SI\">$VENTURE CORPORATION LIMITED(V03.SI)$</a>‌Interest rate hikes looming, let it free fall to $15.50 then enter.","text":"‌$VENTURE CORPORATION LIMITED(V03.SI)$‌Interest rate hikes looming, let it free fall to $15.50 then enter.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/694805528","isVote":1,"tweetType":1,"viewCount":2630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":694802495,"gmtCreate":1641891141729,"gmtModify":1641891142125,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>‌Big boys and bankers disguised their&nbsp;offloading in small transactions. Time to get out and reenter at 5% yeild minimum.","listText":"‌<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>‌Big boys and bankers disguised their&nbsp;offloading in small transactions. Time to get out and reenter at 5% yeild minimum.","text":"‌$KEPPEL DC REIT(AJBU.SI)$‌Big boys and bankers disguised their offloading in small transactions. Time to get out and reenter at 5% yeild minimum.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/694802495","isVote":1,"tweetType":1,"viewCount":2945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695218161,"gmtCreate":1641469421044,"gmtModify":1641469421429,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"Selling Tesla to lock in profits to cover losses in other bets?","listText":"Selling Tesla to lock in profits to cover losses in other bets?","text":"Selling Tesla to lock in profits to cover losses in other bets?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695218161","repostId":"1199722121","repostType":4,"repost":{"id":"1199722121","kind":"news","pubTimestamp":1641466602,"share":"https://www.laohu8.com/m/news/1199722121?lang=zh_CN&edition=full","pubTime":"2022-01-06 18:56","market":"us","language":"en","title":"Cathie Wood Sells Another $21M In Tesla On Wednesday — Here's What She Bought Instead<blockquote>凯西·伍德(Cathie Wood)周三在特斯拉又卖出了2100万美元——这是她买的东西</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199722121","media":"benzinga","summary":"Cathie Wood’s Ark Investment Management on Wednesday booked more profit in Tesla Inc (NASDAQ:TSLA), ","content":"<p><div> Cathie Wood’s Ark Investment Management on Wednesday booked more profit in Tesla Inc (NASDAQ:TSLA), selling 19,212 shares — estimated to be worth $20.9 million based on the latest closing price — in ...</p><p><blockquote><div>凯西·伍德(Cathie Wood)的Ark Investment Management周三在特斯拉公司（纳斯达克股票代码：TSLA）中获得了更多利润，出售了19,212股股票，根据最新收盘价估计价值2,090万美元。</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24921633/cathie-wood-sells-another-21m-in-tesla-on-wednesday-heres-what-she-bought-instead\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24921633/cathie-wood-sells-another-21m-in-tesla-on-wednesday-heres-what-she-bought-instead\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>Cathie Wood Sells Another $21M In Tesla On Wednesday — Here's What She Bought Instead<blockquote>凯西·伍德(Cathie Wood)周三在特斯拉又卖出了2100万美元——这是她买的东西</blockquote></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; 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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: 12.5px; color: #7E829C; margin: 0;}\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\">\nCathie Wood Sells Another $21M In Tesla On Wednesday — Here's What She Bought Instead<blockquote>凯西·伍德(Cathie Wood)周三在特斯拉又卖出了2100万美元——这是她买的东西</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">benzinga</strong><span class=\"h-time small\">2022-01-06 18:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Cathie Wood’s Ark Investment Management on Wednesday booked more profit in Tesla Inc (NASDAQ:TSLA), selling 19,212 shares — estimated to be worth $20.9 million based on the latest closing price — in ...</p><p><blockquote><div>凯西·伍德(Cathie Wood)的Ark Investment Management周三在特斯拉公司（纳斯达克股票代码：TSLA）中获得了更多利润，出售了19,212股股票，根据最新收盘价估计价值2,090万美元。</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24921633/cathie-wood-sells-another-21m-in-tesla-on-wednesday-heres-what-she-bought-instead\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24921633/cathie-wood-sells-another-21m-in-tesla-on-wednesday-heres-what-she-bought-instead\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24921633/cathie-wood-sells-another-21m-in-tesla-on-wednesday-heres-what-she-bought-instead\">benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","ARKQ":"ARK Autonomous Technology & Robotics ETF","TSLA":"特斯拉","JD":"京东","XPEV":"小鹏汽车","ARKK":"ARK Innovation ETF","ARKW":"ARK Next Generation Internet ETF"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24921633/cathie-wood-sells-another-21m-in-tesla-on-wednesday-heres-what-she-bought-instead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199722121","content_text":"Cathie Wood’s Ark Investment Management on Wednesday booked more profit in Tesla Inc (NASDAQ:TSLA), selling 19,212 shares — estimated to be worth $20.9 million based on the latest closing price — in the electric vehicle maker.The Elon Musk-led company’s stock, which had risen about 50% in 2021, closed 5.3% lower at $1,088.1 a share on Wednesday.Tesla stock has erased all the gains it accumulated on Monday after it reported fourth-quarter delivery volumes that far surpassed expectations.Ark Invest owns shares in Tesla via three of its exchange-traded funds — the Ark Innovation ETF (NYSE:ARKK), the Ark Autonomous Technology & Robotics ETF (NYSE:ARKQ) and the Ark Next Generation Internet ETF (NYSE:ARKW).The three ETFs held about 1.64 million shares worth $1.89 billion in Tesla, prior to Wednesday’s trade.Tesla on Sunday smashed fourth-quarter delivery records, posting its biggest quarterly and full-year delivery volume.A Tesla super-bull, Wood has long favored the Musk-led company and set a $3,000 price target for the electric vehicle stock for 2025.The St. Petersburg, Florida-based Ark has also been recently loading up shares in the U.S.-listed Chinese electric vehicle maker Xpeng Inc (NYSE:XPEV).Here are some other key Ark Invest trades from Wednesday:Bought 166,101 shares — estimated to be worth $32.7 million — in Roku Inc (NASDAQ:ROKU) on the dip. The stock closed about 12% lower at $196.7 a share.Sold 28,300 shares — estimated to be worth $1.8 million — in JD.com Inc (NASDAQ:JD). The stock closed 1.8% lower at $63 a share on Wednesday.","news_type":1,"symbols_score_info":{"JD":0.9,"ARKK":0.9,"XPEV":0.9,"ROKU":0.9,"ARKW":0.9,"ARKQ":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692452175,"gmtCreate":1641185813719,"gmtModify":1641185814117,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>‌Broke strong support $1.98, likely to trend down toward the weak support of $1.82. If breakdown $1.82 time to add more.","listText":"‌<a href=\"https://laohu8.com/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>‌Broke strong support $1.98, likely to trend down toward the weak support of $1.82. If breakdown $1.82 time to add more.","text":"‌$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$‌Broke strong support $1.98, likely to trend down toward the weak support of $1.82. If breakdown $1.82 time to add more.","images":[{"img":"https://static.tigerbbs.com/33f444d3fd98e4ba77f2bf36a8e3778e","width":"200","height":"200"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/692452175","isVote":1,"tweetType":1,"viewCount":4618,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":692458407,"gmtCreate":1641184903790,"gmtModify":1641187089607,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>The downtrend should&nbsp;continues until chip distribution peaks congregate at around $90. Any rebound is merely an act and if you believe in BABA, should consider averaging down your cost to &lt;$100 levels to gain from the next up swing.","listText":"‌<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>The downtrend should&nbsp;continues until chip distribution peaks congregate at around $90. Any rebound is merely an act and if you believe in BABA, should consider averaging down your cost to &lt;$100 levels to gain from the next up swing.","text":"‌$Alibaba(09988)$The downtrend should continues until chip distribution peaks congregate at around $90. Any rebound is merely an act and if you believe in BABA, should consider averaging down your cost to <$100 levels to gain from the next up swing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/692458407","isVote":1,"tweetType":1,"viewCount":4415,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274779734729","authorId":"3479274779734729","name":"maroketo","avatar":"https://static.laohu8.com/picture113","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3479274779734729","idStr":"3479274779734729"},"content":"Alibaba's share price may fall below $90, but in the long run, it is definitely not a wrong or bad choice to start buying the company's shares and hold them for a long time. After all, Alibaba and Tencent are the best Internet companies in China. Amazon's market value can reach 1.67 trillion US dollars. Why is Alibaba only 326 billion US dollars?","text":"Alibaba's share price may fall below $90, but in the long run, it is definitely not a wrong or bad choice to start buying the company's shares and hold them for a long time. After all, Alibaba and Tencent are the best Internet companies in China. Amazon's market value can reach 1.67 trillion US dollars. Why is Alibaba only 326 billion US dollars?","html":"Alibaba's share price may fall below $90, but in the long run, it is definitely not a wrong or bad choice to start buying the company's shares and hold them for a long time. After all, Alibaba and Tencent are the best Internet companies in China. Amazon's market value can reach 1.67 trillion US dollars. Why is Alibaba only 326 billion US dollars?"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696479925,"gmtCreate":1640757351885,"gmtModify":1640757352300,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>As long as China tech companies (e.g. Alibabam, Tencent, etc.) which have the heaviest weightage in this ETF, does not&nbsp;go&nbsp;back to normal levels pre-crack down. This ETF will never recover. This is becoming like First Reit where share price dropped a lot and it is worse because there is zero dividend. Either painful cut losses or hold for 5-10 years and pray that it does not get delisted.&nbsp;‌[捂脸] ‌‌[喷血] ‌‌","listText":"‌<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>As long as China tech companies (e.g. Alibabam, Tencent, etc.) which have the heaviest weightage in this ETF, does not&nbsp;go&nbsp;back to normal levels pre-crack down. This ETF will never recover. This is becoming like First Reit where share price dropped a lot and it is worse because there is zero dividend. Either painful cut losses or hold for 5-10 years and pray that it does not get delisted.&nbsp;‌[捂脸] ‌‌[喷血] ‌‌","text":"‌$Lion-OCBC Sec HSTECH S$(HST.SI)$As long as China tech companies (e.g. Alibabam, Tencent, etc.) which have the heaviest weightage in this ETF, does not go back to normal levels pre-crack down. This ETF will never recover. This is becoming like First Reit where share price dropped a lot and it is worse because there is zero dividend. Either painful cut losses or hold for 5-10 years and pray that it does not get delisted. ‌[捂脸] ‌‌[喷血] ‌‌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/696479925","isVote":1,"tweetType":1,"viewCount":3734,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566385558470298","authorId":"3566385558470298","name":"Venus_M","avatar":"https://static.tigerbbs.com/525433622d774840840ddaacaf2281d2","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3566385558470298","idStr":"3566385558470298"},"content":"heaviest is JD.com can't compare this to First Reit la [LOL] this one can be rebalanced. that itself is already a separate path","text":"heaviest is JD.com can't compare this to First Reit la [LOL] this one can be rebalanced. that itself is already a separate path","html":"heaviest is JD.com can't compare this to First Reit la [LOL] this one can be rebalanced. that itself is already a separate path"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696447722,"gmtCreate":1640757050876,"gmtModify":1640757051290,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>CLooking at Chip Distribution, predicting one or more rounds of sell down to push price below 90 before possibility of a rebounce as still alot of investors holding on dearly to levels of 120-140.","listText":"‌<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>CLooking at Chip Distribution, predicting one or more rounds of sell down to push price below 90 before possibility of a rebounce as still alot of investors holding on dearly to levels of 120-140.","text":"‌$Alibaba(09988)$CLooking at Chip Distribution, predicting one or more rounds of sell down to push price below 90 before possibility of a rebounce as still alot of investors holding on dearly to levels of 120-140.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/696447722","isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000407","authorId":"9000000000000407","name":"RonaldNixon","avatar":"https://static.tigerbbs.com/bc939ac6fbcb8985885a8a5671929aec","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"9000000000000407","idStr":"9000000000000407"},"content":"Regulatory obstacles are Alibaba's biggest problem. Only when this problem is solved can its share price resume rising.","text":"Regulatory obstacles are Alibaba's biggest problem. Only when this problem is solved can its share price resume rising.","html":"Regulatory obstacles are Alibaba's biggest problem. Only when this problem is solved can its share price resume rising."},{"author":{"id":"9000000000000408","authorId":"9000000000000408","name":"RodBeard","avatar":"https://static.tigerbbs.com/af002b44e35ebf40cafbbaf194de9c06","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"9000000000000408","idStr":"9000000000000408"},"content":"In the long run, Alibaba's share price will rise sooner or later.","text":"In the long run, Alibaba's share price will rise sooner or later.","html":"In the long run, Alibaba's share price will rise sooner or later."}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696658862,"gmtCreate":1640689009756,"gmtModify":1640689010165,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"useless article","listText":"useless article","text":"useless article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696658862","repostId":"1128604736","repostType":2,"repost":{"id":"1128604736","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640683019,"share":"https://www.laohu8.com/m/news/1128604736?lang=zh_CN&edition=full","pubTime":"2021-12-28 17:16","market":"us","language":"en","title":"Some blockchain stocks dipped in premarket trading<blockquote>一些区块链股票在盘前交易中下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128604736","media":"Tiger Newspress","summary":"Some blockchain stocks dipped in premarket trading.Marathon Digital,Riot Blockchain,Coinbase and Can","content":"<p>Some blockchain stocks dipped in premarket trading.Marathon&nbsp;Digital,Riot&nbsp;Blockchain,Coinbase&nbsp;and&nbsp;Canaan&nbsp;fell&nbsp;between 1% and 5%.</p><p><blockquote>一些区块链股票在盘前交易中下跌。Marathon Digital、Riot Blockchain、Coinbase和Canaan跌幅在1%至5%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77602d77deb670d4e53883b958b64be7\" tg-width=\"412\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></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>Some blockchain stocks dipped in premarket trading<blockquote>一些区块链股票在盘前交易中下跌</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSome blockchain stocks dipped in premarket trading<blockquote>一些区块链股票在盘前交易中下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-28 17:16</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Some blockchain stocks dipped in premarket trading.Marathon&nbsp;Digital,Riot&nbsp;Blockchain,Coinbase&nbsp;and&nbsp;Canaan&nbsp;fell&nbsp;between 1% and 5%.</p><p><blockquote>一些区块链股票在盘前交易中下跌。Marathon Digital、Riot Blockchain、Coinbase和Canaan跌幅在1%至5%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77602d77deb670d4e53883b958b64be7\" tg-width=\"412\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","MARA":"MARA Holdings","CAN":"嘉楠科技","RIOT":"Riot Platforms"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128604736","content_text":"Some blockchain stocks dipped in premarket trading.Marathon Digital,Riot Blockchain,Coinbase and Canaan fell between 1% and 5%.","news_type":1,"symbols_score_info":{"CAN":0.9,"COIN":0.9,"RIOT":0.9,"MARA":0.9}},"isVote":1,"tweetType":1,"viewCount":743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602090800,"gmtCreate":1638935771026,"gmtModify":1638941767730,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a> Looking at the chip distribution, there are still two peaks. Until these two peaks come down to the 100-120 level, BABA is not likely to stage any meaningful uptrend. Like if you agree. Thanks.","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a> Looking at the chip distribution, there are still two peaks. Until these two peaks come down to the 100-120 level, BABA is not likely to stage any meaningful uptrend. Like if you agree. Thanks.","text":"$Alibaba(09988)$ Looking at the chip distribution, there are still two peaks. Until these two peaks come down to the 100-120 level, BABA is not likely to stage any meaningful uptrend. Like if you agree. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602090800","isVote":1,"tweetType":1,"viewCount":1441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603516867,"gmtCreate":1638425969127,"gmtModify":1638425969828,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/Q01.SI\">$QAF LIMITED(Q01.SI)$</a>Trading halt today, change of board members?","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/Q01.SI\">$QAF LIMITED(Q01.SI)$</a>Trading halt today, change of board members?","text":"$QAF LIMITED(Q01.SI)$Trading halt today, change of board members?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603516867","isVote":1,"tweetType":1,"viewCount":1085,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609816607,"gmtCreate":1638263602417,"gmtModify":1638263602665,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"with all these good news and results, pre-mkt not moving much at all.... sad","listText":"with all these good news and results, pre-mkt not moving much at all.... sad","text":"with all these good news and results, pre-mkt not moving much at all.... sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/609816607","repostId":"1106311782","repostType":2,"repost":{"id":"1106311782","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638259223,"share":"https://www.laohu8.com/m/news/1106311782?lang=zh_CN&edition=full","pubTime":"2021-11-30 16:00","market":"us","language":"en","title":"Tiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106311782","media":"Tiger Newspress","summary":"Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unau","content":"<p>Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.</p><p><blockquote>专注于全球投资者的领先在线经纪公司老虎证券今天公布了截至2021年9月30日的第三季度未经审计的财务业绩。总收入为6080万美元，较2020年第三季度增长59.6%。非公认会计准则净利润为530万美元。</blockquote></p><p> In the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.</p><p><blockquote>本季度，公司国际化战略取得实质性进展。截至三季度末，客户账户增加11.78万户至177万户，是去年同期的近两倍。存款客户增至61.2万户，是去年同期的近3倍。值得注意的是，第三季度超过80%的新融资账户来自海外。该公司今年已收购353,300个资助账户，超过了今年早些时候制定的350,000个新资助账户指导。</blockquote></p><p> Mr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”</p><p><blockquote>老虎证券首席执行官巫天华先生评论说：“我们成为全球领先经纪商的使命的重要一步是我们即将在香港扩张；我们现已获得香港证券及期货事务监察委员会的I类（证券交易）和II类（期货合约交易）牌照。同时，作为首家拥有新交所会员资格的证券交易和结算、证券存管和衍生品交易的在线经纪公司，该公司能够为当地投资者提供更多服务，这进一步加强了我们在新加坡的影响力。展望未来，我们相信，我们对推进经纪技术和提供卓越用户体验的行业领先关注，加上我们对合规性的高度重视，将帮助我们脱颖而出。”</blockquote></p><p> <a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>Press Release</b></a><b></b></p><p><blockquote><a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>新闻稿</b></a><b></b></blockquote></p><p> <b>Exceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared</b></p><p><blockquote><b>超过全年资金账户指引超过70%的客户美国现金股票交易是自我清算的</b></blockquote></p><p> The third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.</p><p><blockquote>第三季度业绩证实了公司国际化战略的成功，全球客户账户达到177万个，存款客户账户数量达到61.2万个。今年前9个月，该公司获得了35.33万个新资金账户，超过了年初制定的年度指导。证券交易总额同比增长47.4%至926亿美元，账户余额总额为206亿美元，同比增长88.3%。公司核心经纪业务实现稳健增长。佣金收入为3350万美元，同比增长72.0%，利息相关收入为2010万美元，同比增长105.1%。</blockquote></p><p> Tiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre &amp; post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.</p><p><blockquote>老虎证券继续扩展其综合金融科技平台上提供的产品和服务。对于期权交易者，该公司的旗舰交易应用Tiger Trade推出了期权纸上交易，以帮助新投资者了解期权。它还增加了备兑看涨期权功能，以降低期权交易者的保证金要求。针对美股投资者，公司推出了盘前盘后走势表、每日空头成交量等新功能，帮助投资者更好地捕捉市场机会。该公司在第三季度总共提供了28份IPO认购，例如理想汽车（HK：2015）和海伦司（HK：9869）。为满足散户认购港股IPO的兴趣，公司新增零保证金融资券、减费券等交易券。与此同时，老虎证券的在线投资者社区老虎社区为初学者增加了更多投资课程，帮助他们识别和分析有前途的全球机会。</blockquote></p><p> The Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger&nbsp;Brokers&nbsp;bolstered its cooperation with&nbsp;top international&nbsp;asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.</p><p><blockquote>随着更多客户使用基金商城和Cash Plus，该公司的财富管理业务在本季度稳步增长。管理资产（AUM）同比增长98.0%，客户数量同比增长153.1%。老虎证券依托全球客户群，加强与国际顶级资产管理公司的合作；基金商城三季度新增40只基金，其中聚焦亚洲的股票型基金尤其受欢迎。为满足客户对全球财富管理日益增长的需求，公司继续为其系统投资计划开发新功能，客户使用该计划每月自动将预定金额投资于他们喜爱的基金。</blockquote></p><p></p><p> As a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.</p><p><blockquote>作为一家以创新为荣的公司，老虎证券继续积极投资于其专有技术的研发。截至第三季度末，超过70%的客户的美国现金股票交易由TradeUP Securities Inc.（前身为Marsco Investment Corporation）清算。凭借其成功创新的坚实记录，该公司获得了《哈佛商业评论》颁发的2021年拉姆·查兰创新和创业实践奖。</blockquote></p><p> <b>Over 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore</b></p><p><blockquote><b>超过80%来自海外的新基金账户在香港和新加坡获得了新的执照和资格</b></blockquote></p><p> Tiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.</p><p><blockquote>老虎证券国际化战略成效显著。第三季度，超过80%的新融资账户来自中国境外。</blockquote></p><p> In Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.</p><p><blockquote>在新加坡，老虎证券推出了新的期货产品，包括欧洲期货交易所的产品。老虎证券目前提供美国、欧洲和亚洲六大交易所的期货，在其平台上可交易的期货数量方面领先行业。7月，它还与Lion Global Investors合作，帮助新加坡首只以中国为重点的派息ETF融资。散户投资者可以通过Tiger Trade认购单位，这降低了新加坡投资者增加中国配置的门槛。</blockquote></p><p> In addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.</p><p><blockquote>此外，该公司在新加坡推出了企业对企业（B2B）企业服务，老虎证券在新加坡为客户提供技术解决方案，包括先进的投资组合和风险管理工具。为进一步推动公司在新加坡的业务和当前的全球战略扩张计划，公司决定在新加坡设立双总部。</blockquote></p><p> In New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.</p><p><blockquote>在新西兰，该公司的增长潜力得到了业界的认可。老虎证券新西兰被APAC商业头条评为2021年新西兰最具影响力的金融科技公司。它还被评为2021年德勤新西兰增长最快的50家公司。</blockquote></p><p> The Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.</p><p><blockquote>公司将继续通过执行其全球扩张战略和扩大其客户群来巩固其作为行业领先在线经纪商的地位。透过收购一间获香港证券及期货事务监察委员会发牌从事第一类（证券交易）及第二类（期货合约交易）受规管活动的本地公司，本公司将可进军香港市场，推动进一步增长。在新加坡，本公司还获得新加坡证券交易有限公司（“SGX-ST”）和新加坡衍生品交易有限公司（“SGX-DT”）的交易会员以及新加坡交易所有限公司（“SGX”）中央存管（私人）有限公司（“CDP”）的结算会员和存管代理。截至目前，本公司在香港特区、新加坡、美国、新西兰和澳大利亚拥有36个类别的46个牌照和资格，为长期增长奠定了坚实的基础。</blockquote></p><p> <b>262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies</b></p><p><blockquote><b>截至第三季度，已有262家ESOP客户数字化ESOP解决方案帮助更多公司</b></blockquote></p><p> Other income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.</p><p><blockquote>其他收入，主要来自投资银行业务和ESOP（员工股票激励计划），第三季度为718万美元。尽管短期市场存在不确定性，该公司仍继续扩大其强大的潜在发行人渠道。</blockquote></p><p> On the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.</p><p><blockquote>在投资银行业务方面，该公司继续发展其核心承销能力以及股票研究产品。凭借对中国市场的详细了解，该公司担任了小鹏汽车（HK：9868）在香港双重主要上市的国际发售承销商，还为其他几家发行人提供了大量认购订单。三季度，公司参与了4宗美国IPO。此外，老虎证券还协助一家发行人在上市后吸引了超过2亿港元（2600万美元）的额外投资。该公司还在本季度发布了涵盖阿里巴巴-SW（纽约证券交易所股票代码：BABA）和百度（纳斯达克股票代码：BIDU）等知名公司的股票研究报告。</blockquote></p><p> The Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.</p><p><blockquote>本季度，公司投行业务正式推出财务顾问服务，与20多家行业新兴公司合作。凭借其强大的市场洞察力和技术实力，老虎证券自然与这些公司的联系更加紧密，可以根据他们的需求提供一套全面的解决方案，同时帮助他们增加国际影响力。</blockquote></p><p></p><p> A growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share &amp; A-share companies as well as the ability to retrace historical data.</p><p><blockquote>越来越多的公司正在使用股权激励来激励员工并提高其长期竞争力。老虎证券凭借其专有的员工持股计划系统，利用数字化来帮助企业客户更好地管理其员工股权计划。第三季度，老虎ESOP通过增加H股和A股公司的股份锁定管理以及历史数据追溯等功能，持续提升客户体验。</blockquote></p><p> Tiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.</p><p><blockquote>老虎员工持股计划继续受到不断增长的客户群的信任；随着公司第三季度新增46家员工持股计划客户，客户总数增至262家。2021年前三季度，员工持股计划新增客户总数同比增长266.7%。员工持股计划的迅速采用证明了该公司有能力满足创新型下一代客户的需求。</blockquote></p><p> In the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.</p><p><blockquote>第三季度，陆金所（NYSE：LU）、五菱汽车（HK：0305）等53家公司在老虎证券在线社区开设了企业账户。该公司还通过直播、数字信息图表和营销活动帮助小米（HK：1810）和Cloopen（NYSE：RAAS）瞄准广泛的投资者，提高客户对其品牌和官方活动的认知度。总的来说，两家公司在Tiger社区的数字活动都获得了超过100万的浏览量。此外，老虎证券还协助联想（HK：0992）和其他24家创新公司举办了在线路演，将他们与近100名机构投资者、600多名分析师和高净值人士联系起来。</blockquote></p><p> In order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&amp;A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.</p><p><blockquote>为进一步提升上市公司与投资者的沟通效率，公司企业账户平台近期推出数字化仪表盘，为企业客户提供包括媒体内容和社区帖子分析在内的一站式服务。同时，公司推出业内首个面向香港和美国上市公司的投资者问答功能，增加了企业与投资者之间的参与度和互动便利性。</blockquote></p><p></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>Tiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-30 16:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.</p><p><blockquote>专注于全球投资者的领先在线经纪公司老虎证券今天公布了截至2021年9月30日的第三季度未经审计的财务业绩。总收入为6080万美元，较2020年第三季度增长59.6%。非公认会计准则净利润为530万美元。</blockquote></p><p> In the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.</p><p><blockquote>本季度，公司国际化战略取得实质性进展。截至三季度末，客户账户增加11.78万户至177万户，是去年同期的近两倍。存款客户增至61.2万户，是去年同期的近3倍。值得注意的是，第三季度超过80%的新融资账户来自海外。该公司今年已收购353,300个资助账户，超过了今年早些时候制定的350,000个新资助账户指导。</blockquote></p><p> Mr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”</p><p><blockquote>老虎证券首席执行官巫天华先生评论说：“我们成为全球领先经纪商的使命的重要一步是我们即将在香港扩张；我们现已获得香港证券及期货事务监察委员会的I类（证券交易）和II类（期货合约交易）牌照。同时，作为首家拥有新交所会员资格的证券交易和结算、证券存管和衍生品交易的在线经纪公司，该公司能够为当地投资者提供更多服务，这进一步加强了我们在新加坡的影响力。展望未来，我们相信，我们对推进经纪技术和提供卓越用户体验的行业领先关注，加上我们对合规性的高度重视，将帮助我们脱颖而出。”</blockquote></p><p> <a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>Press Release</b></a><b></b></p><p><blockquote><a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>新闻稿</b></a><b></b></blockquote></p><p> <b>Exceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared</b></p><p><blockquote><b>超过全年资金账户指引超过70%的客户美国现金股票交易是自我清算的</b></blockquote></p><p> The third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.</p><p><blockquote>第三季度业绩证实了公司国际化战略的成功，全球客户账户达到177万个，存款客户账户数量达到61.2万个。今年前9个月，该公司获得了35.33万个新资金账户，超过了年初制定的年度指导。证券交易总额同比增长47.4%至926亿美元，账户余额总额为206亿美元，同比增长88.3%。公司核心经纪业务实现稳健增长。佣金收入为3350万美元，同比增长72.0%，利息相关收入为2010万美元，同比增长105.1%。</blockquote></p><p> Tiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre &amp; post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.</p><p><blockquote>老虎证券继续扩展其综合金融科技平台上提供的产品和服务。对于期权交易者，该公司的旗舰交易应用Tiger Trade推出了期权纸上交易，以帮助新投资者了解期权。它还增加了备兑看涨期权功能，以降低期权交易者的保证金要求。针对美股投资者，公司推出了盘前盘后走势表、每日空头成交量等新功能，帮助投资者更好地捕捉市场机会。该公司在第三季度总共提供了28份IPO认购，例如理想汽车（HK：2015）和海伦司（HK：9869）。为满足散户认购港股IPO的兴趣，公司新增零保证金融资券、减费券等交易券。与此同时，老虎证券的在线投资者社区老虎社区为初学者增加了更多投资课程，帮助他们识别和分析有前途的全球机会。</blockquote></p><p> The Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger&nbsp;Brokers&nbsp;bolstered its cooperation with&nbsp;top international&nbsp;asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.</p><p><blockquote>随着更多客户使用基金商城和Cash Plus，该公司的财富管理业务在本季度稳步增长。管理资产（AUM）同比增长98.0%，客户数量同比增长153.1%。老虎证券依托全球客户群，加强与国际顶级资产管理公司的合作；基金商城三季度新增40只基金，其中聚焦亚洲的股票型基金尤其受欢迎。为满足客户对全球财富管理日益增长的需求，公司继续为其系统投资计划开发新功能，客户使用该计划每月自动将预定金额投资于他们喜爱的基金。</blockquote></p><p></p><p> As a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.</p><p><blockquote>作为一家以创新为荣的公司，老虎证券继续积极投资于其专有技术的研发。截至第三季度末，超过70%的客户的美国现金股票交易由TradeUP Securities Inc.（前身为Marsco Investment Corporation）清算。凭借其成功创新的坚实记录，该公司获得了《哈佛商业评论》颁发的2021年拉姆·查兰创新和创业实践奖。</blockquote></p><p> <b>Over 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore</b></p><p><blockquote><b>超过80%来自海外的新基金账户在香港和新加坡获得了新的执照和资格</b></blockquote></p><p> Tiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.</p><p><blockquote>老虎证券国际化战略成效显著。第三季度，超过80%的新融资账户来自中国境外。</blockquote></p><p> In Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.</p><p><blockquote>在新加坡，老虎证券推出了新的期货产品，包括欧洲期货交易所的产品。老虎证券目前提供美国、欧洲和亚洲六大交易所的期货，在其平台上可交易的期货数量方面领先行业。7月，它还与Lion Global Investors合作，帮助新加坡首只以中国为重点的派息ETF融资。散户投资者可以通过Tiger Trade认购单位，这降低了新加坡投资者增加中国配置的门槛。</blockquote></p><p> In addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.</p><p><blockquote>此外，该公司在新加坡推出了企业对企业（B2B）企业服务，老虎证券在新加坡为客户提供技术解决方案，包括先进的投资组合和风险管理工具。为进一步推动公司在新加坡的业务和当前的全球战略扩张计划，公司决定在新加坡设立双总部。</blockquote></p><p> In New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.</p><p><blockquote>在新西兰，该公司的增长潜力得到了业界的认可。老虎证券新西兰被APAC商业头条评为2021年新西兰最具影响力的金融科技公司。它还被评为2021年德勤新西兰增长最快的50家公司。</blockquote></p><p> The Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.</p><p><blockquote>公司将继续通过执行其全球扩张战略和扩大其客户群来巩固其作为行业领先在线经纪商的地位。透过收购一间获香港证券及期货事务监察委员会发牌从事第一类（证券交易）及第二类（期货合约交易）受规管活动的本地公司，本公司将可进军香港市场，推动进一步增长。在新加坡，本公司还获得新加坡证券交易有限公司（“SGX-ST”）和新加坡衍生品交易有限公司（“SGX-DT”）的交易会员以及新加坡交易所有限公司（“SGX”）中央存管（私人）有限公司（“CDP”）的结算会员和存管代理。截至目前，本公司在香港特区、新加坡、美国、新西兰和澳大利亚拥有36个类别的46个牌照和资格，为长期增长奠定了坚实的基础。</blockquote></p><p> <b>262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies</b></p><p><blockquote><b>截至第三季度，已有262家ESOP客户数字化ESOP解决方案帮助更多公司</b></blockquote></p><p> Other income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.</p><p><blockquote>其他收入，主要来自投资银行业务和ESOP（员工股票激励计划），第三季度为718万美元。尽管短期市场存在不确定性，该公司仍继续扩大其强大的潜在发行人渠道。</blockquote></p><p> On the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.</p><p><blockquote>在投资银行业务方面，该公司继续发展其核心承销能力以及股票研究产品。凭借对中国市场的详细了解，该公司担任了小鹏汽车（HK：9868）在香港双重主要上市的国际发售承销商，还为其他几家发行人提供了大量认购订单。三季度，公司参与了4宗美国IPO。此外，老虎证券还协助一家发行人在上市后吸引了超过2亿港元（2600万美元）的额外投资。该公司还在本季度发布了涵盖阿里巴巴-SW（纽约证券交易所股票代码：BABA）和百度（纳斯达克股票代码：BIDU）等知名公司的股票研究报告。</blockquote></p><p> The Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.</p><p><blockquote>本季度，公司投行业务正式推出财务顾问服务，与20多家行业新兴公司合作。凭借其强大的市场洞察力和技术实力，老虎证券自然与这些公司的联系更加紧密，可以根据他们的需求提供一套全面的解决方案，同时帮助他们增加国际影响力。</blockquote></p><p></p><p> A growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share &amp; A-share companies as well as the ability to retrace historical data.</p><p><blockquote>越来越多的公司正在使用股权激励来激励员工并提高其长期竞争力。老虎证券凭借其专有的员工持股计划系统，利用数字化来帮助企业客户更好地管理其员工股权计划。第三季度，老虎ESOP通过增加H股和A股公司的股份锁定管理以及历史数据追溯等功能，持续提升客户体验。</blockquote></p><p> Tiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.</p><p><blockquote>老虎员工持股计划继续受到不断增长的客户群的信任；随着公司第三季度新增46家员工持股计划客户，客户总数增至262家。2021年前三季度，员工持股计划新增客户总数同比增长266.7%。员工持股计划的迅速采用证明了该公司有能力满足创新型下一代客户的需求。</blockquote></p><p> In the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.</p><p><blockquote>第三季度，陆金所（NYSE：LU）、五菱汽车（HK：0305）等53家公司在老虎证券在线社区开设了企业账户。该公司还通过直播、数字信息图表和营销活动帮助小米（HK：1810）和Cloopen（NYSE：RAAS）瞄准广泛的投资者，提高客户对其品牌和官方活动的认知度。总的来说，两家公司在Tiger社区的数字活动都获得了超过100万的浏览量。此外，老虎证券还协助联想（HK：0992）和其他24家创新公司举办了在线路演，将他们与近100名机构投资者、600多名分析师和高净值人士联系起来。</blockquote></p><p> In order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&amp;A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.</p><p><blockquote>为进一步提升上市公司与投资者的沟通效率，公司企业账户平台近期推出数字化仪表盘，为企业客户提供包括媒体内容和社区帖子分析在内的一站式服务。同时，公司推出业内首个面向香港和美国上市公司的投资者问答功能，增加了企业与投资者之间的参与度和互动便利性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106311782","content_text":"Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.\nIn the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.\nMr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”\nPress Release\nExceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared\nThe third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.\nTiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre & post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.\nThe Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger Brokers bolstered its cooperation with top international asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.\nAs a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.\nOver 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore\nTiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.\nIn Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.\nIn addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.\nIn New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.\nThe Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.\n262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies\nOther income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.\nOn the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.\nThe Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.\nA growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share & A-share companies as well as the ability to retrace historical data.\nTiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.\nIn the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.\nIn order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":1058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609389781,"gmtCreate":1638238912348,"gmtModify":1638238912555,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"Smart&nbsp;","listText":"Smart&nbsp;","text":"Smart","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609389781","repostId":"2187303501","repostType":4,"isVote":1,"tweetType":1,"viewCount":694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878253892,"gmtCreate":1637199814176,"gmtModify":1637199898294,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"Silly","listText":"Silly","text":"Silly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878253892","repostId":"1170296771","repostType":4,"repost":{"id":"1170296771","kind":"news","pubTimestamp":1637199622,"share":"https://www.laohu8.com/m/news/1170296771?lang=zh_CN&edition=full","pubTime":"2021-11-18 09:40","market":"us","language":"en","title":"Rivian Wipeout After Breathless Rally May Mean $15 Billion of Lost Value<blockquote>Rivian在令人窒息的反弹后惨败可能意味着150亿美元的价值损失</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170296771","media":"Bloomberg","summary":"(Bloomberg) -- The breathless five-day rally in Rivian Automotive Inc. came to an abrupt halt on Wed","content":"<p>(Bloomberg) -- The breathless five-day rally in Rivian Automotive Inc. came to an abrupt halt on Wednesday, wiping out over $23 billion from the newly public electric-truck maker’s valuation.</p><p><blockquote>（彭博社）——Rivian汽车公司连续五天的涨势在周三突然停止，这家新上市的电动卡车制造商的估值蒸发了超过230亿美元。</blockquote></p><p> Shares of the startup, which made its trading debut last week and saw its stock skyrocket over five days, dropped as much as 18% to $140.35 in New York. That took out a chunk roughly equivalent to the combined size of American Airlines Group Inc. and News Corp.’s current market capitalizations.</p><p><blockquote>这家初创公司上周首次上市，股价在五天内飙升，在纽约下跌18%，至140.35美元。这相当于美国航空集团公司和新闻集团目前市值的总和。</blockquote></p><p> The stock pared some of those losses to close down 15% at $146.07.</p><p><blockquote>该股收复了部分跌幅，收于146.07美元，下跌15%。</blockquote></p><p> Despite those declines, Rivian is still worth about $130 billion. It did, however, lose the lead over Volkswagen AG that it gained on Tuesday.</p><p><blockquote>尽管出现这些下滑，Rivian的市值仍约为1300亿美元。然而，它确实失去了周二对大众汽车公司的领先优势。</blockquote></p><p> The rapid rally in Rivian comes amid a growing demand among investors for EV-related stocks, as governments and corporations globally announce policies and plans to address the challenges related to climate change. The rise of retail trading trends and a cash-rich environment have added further fuel to the rally.</p><p><blockquote>随着全球各国政府和企业宣布应对气候变化相关挑战的政策和计划，投资者对电动汽车相关股票的需求不断增长，Rivian股市迅速上涨。零售交易趋势的兴起和现金充裕的环境进一步推动了涨势。</blockquote></p><p></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>Rivian Wipeout After Breathless Rally May Mean $15 Billion of Lost Value<blockquote>Rivian在令人窒息的反弹后惨败可能意味着150亿美元的价值损失</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nRivian Wipeout After Breathless Rally May Mean $15 Billion of Lost Value<blockquote>Rivian在令人窒息的反弹后惨败可能意味着150亿美元的价值损失</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-11-18 09:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- The breathless five-day rally in Rivian Automotive Inc. came to an abrupt halt on Wednesday, wiping out over $23 billion from the newly public electric-truck maker’s valuation.</p><p><blockquote>（彭博社）——Rivian汽车公司连续五天的涨势在周三突然停止，这家新上市的电动卡车制造商的估值蒸发了超过230亿美元。</blockquote></p><p> Shares of the startup, which made its trading debut last week and saw its stock skyrocket over five days, dropped as much as 18% to $140.35 in New York. That took out a chunk roughly equivalent to the combined size of American Airlines Group Inc. and News Corp.’s current market capitalizations.</p><p><blockquote>这家初创公司上周首次上市，股价在五天内飙升，在纽约下跌18%，至140.35美元。这相当于美国航空集团公司和新闻集团目前市值的总和。</blockquote></p><p> The stock pared some of those losses to close down 15% at $146.07.</p><p><blockquote>该股收复了部分跌幅，收于146.07美元，下跌15%。</blockquote></p><p> Despite those declines, Rivian is still worth about $130 billion. It did, however, lose the lead over Volkswagen AG that it gained on Tuesday.</p><p><blockquote>尽管出现这些下滑，Rivian的市值仍约为1300亿美元。然而，它确实失去了周二对大众汽车公司的领先优势。</blockquote></p><p> The rapid rally in Rivian comes amid a growing demand among investors for EV-related stocks, as governments and corporations globally announce policies and plans to address the challenges related to climate change. The rise of retail trading trends and a cash-rich environment have added further fuel to the rally.</p><p><blockquote>随着全球各国政府和企业宣布应对气候变化相关挑战的政策和计划，投资者对电动汽车相关股票的需求不断增长，Rivian股市迅速上涨。零售交易趋势的兴起和现金充裕的环境进一步推动了涨势。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/rivian-wipeout-breathless-rally-may-145921988.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://finance.yahoo.com/news/rivian-wipeout-breathless-rally-may-145921988.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170296771","content_text":"(Bloomberg) -- The breathless five-day rally in Rivian Automotive Inc. came to an abrupt halt on Wednesday, wiping out over $23 billion from the newly public electric-truck maker’s valuation.\nShares of the startup, which made its trading debut last week and saw its stock skyrocket over five days, dropped as much as 18% to $140.35 in New York. That took out a chunk roughly equivalent to the combined size of American Airlines Group Inc. and News Corp.’s current market capitalizations.\nThe stock pared some of those losses to close down 15% at $146.07.\nDespite those declines, Rivian is still worth about $130 billion. It did, however, lose the lead over Volkswagen AG that it gained on Tuesday.\nThe rapid rally in Rivian comes amid a growing demand among investors for EV-related stocks, as governments and corporations globally announce policies and plans to address the challenges related to climate change. The rise of retail trading trends and a cash-rich environment have added further fuel to the rally.","news_type":1,"symbols_score_info":{"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879660500,"gmtCreate":1636717958113,"gmtModify":1636717958357,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"Down to $600 before Xmas","listText":"Down to $600 before Xmas","text":"Down to $600 before Xmas","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879660500","repostId":"1101762629","repostType":4,"repost":{"id":"1101762629","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636715542,"share":"https://www.laohu8.com/m/news/1101762629?lang=zh_CN&edition=full","pubTime":"2021-11-12 19:12","market":"us","language":"en","title":"Musk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101762629","media":"Tiger Newspress","summary":"Musk further sold Tesla shares on November 11, according to the SEC files.","content":"<p>Musk further sold Tesla shares on November 11,&nbsp;according to the SEC files.</p><p><blockquote>根据SEC的文件，马斯克在11月11日进一步出售了特斯拉股票。</blockquote></p><p></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>Musk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nMusk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-12 19:12</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Musk further sold Tesla shares on November 11,&nbsp;according to the SEC files.</p><p><blockquote>根据SEC的文件，马斯克在11月11日进一步出售了特斯拉股票。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101762629","content_text":"Musk further sold Tesla shares on November 11, according to the SEC files.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":832441940,"gmtCreate":1629676500880,"gmtModify":1631884042101,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>negative ir news from Japan,&nbsp; going down to 70cts...","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>negative ir news from Japan,&nbsp; going down to 70cts...","text":"$GENTING SINGAPORE LIMITED(G13.SI)$negative ir news from Japan, going down to 70cts...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/832441940","isVote":1,"tweetType":1,"viewCount":1051,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839466121,"gmtCreate":1629174595463,"gmtModify":1633686810301,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562988560310363","idStr":"3562988560310363"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a> buy this","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a> buy this","text":"$Alibaba(09988)$ buy this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/839466121","repostId":"1128183681","repostType":4,"repost":{"id":"1128183681","kind":"news","pubTimestamp":1629167604,"share":"https://www.laohu8.com/m/news/1128183681?lang=zh_CN&edition=full","pubTime":"2021-08-17 10:33","market":"us","language":"en","title":"3 Top E-Commerce Stocks to Buy in August<blockquote>8月份最值得买入的3只电子商务股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128183681","media":"Motley Fool","summary":"These three stocks are \"on sale\" after Q2 2021 earnings.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Etsy is becoming a \"house of brands\" with its recent acquisition of Elo7 and Depop.</li>  <li>Pinterest is reporting growth in all the right metrics, most notably mobile users and ARPU.</li>  <li>The market erased 30% of Wix's valuation even though it modestly downgraded its full-year outlook.</li> </ul> </p><p><blockquote><ul><li>Etsy最近收购了Elo7和Depop，正在成为“品牌之家”。</li><li>Pinterest报告了所有正确指标的增长，最明显的是移动用户和ARPU。</li><li>尽管Wix小幅下调了全年前景，但市场仍将其估值下调了30%。</li></ul></blockquote></p><p> As they start to lap the initial effects of the pandemic last spring, many smaller e-commerce stocks have been getting beaten up. 2020 was a banner year for digital businesses, and year-ago comparable financial figures have been tough, leading to a \"slowdown\" for many digital commerce companies' growth rates.</p><p><blockquote>去年春天，当许多规模较小的电子商务股票开始受到疫情的初步影响时，它们受到了重创。2020年对于数字企业来说是辉煌的一年，去年同期的可比财务数据一直很艰难，导致许多数字商务公司的增长率“放缓”。</blockquote></p><p> But that doesn't mean these companies should be relegated to \"pandemic stock\" status and forgotten going forward. While they may not be growing at the torrid pace they were before, they're still growing at double-digit percentages and compounding their long-term expansion track records.</p><p><blockquote>但这并不意味着这些公司应该被降级为“流行病股票”并被遗忘。虽然他们的增长速度可能没有以前那么快，但他们仍然以两位数的百分比增长，并巩固了他们的长期扩张记录。</blockquote></p><p> Three that look like great buys in August after Q2 2021 earnings updates are&nbsp;<b>Etsy</b>(NASDAQ:ETSY),<b>Pinterest</b>(NYSE:PINS), and&nbsp;<b>Wix.com</b>(NASDAQ:WIX).</p><p><blockquote>2021年第二季度收益更新后，8月份值得买入的三项股票是<b>Etsy</b>（纳斯达克：ETSY），<b>Pinterest</b>（纽约证券交易所代码：PINS），以及<b>Wix.com</b>（纳斯达克：WIX）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdf1598d84618dcc32cc77a570181b47\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>1. Etsy: Building on momentum to become a \"house of brands\"</b></p><p><blockquote><b>1.Etsy：蓄势成为“品牌之家”</b></blockquote></p><p> Etsy reported 23% year-over-year growth in revenue in Q2 2021 to $529 million, quite the slowdown from the triple-digit percentage pace the company was still notching just a quarter ago (though Etsy was still lapping pre-pandemic figures in Q1 before the massive surge in online spending). However, better illustrating Etsy's incredible momentum and compound growth, Q2 revenue was 192% higher than the same period in 2019.</p><p><blockquote>Etsy报告称，2021年第二季度收入同比增长23%，达到5.29亿美元，与该公司仅在一个季度前仍保持的三位数百分比速度相比大幅放缓（尽管Etsy仍在超越大流行前的数据）在线支出大幅激增之前的第一季度）。然而，更好地说明了Etsy令人难以置信的势头和复合增长，Q2收入比2019年同期增长了192%。</blockquote></p><p> Etsy is a highly profitable online marketplace these days. It generated a&nbsp;free cash flow&nbsp;of $261 million during the first half of this year, good for a free cash flow profit margin of 24%. The company is using its strength to double down on the unique and handmade items segment of the e-commerce industry. A couple of years ago, it acquired online music equipment selling platform Reverb to great success and is now going to try and&nbsp;duplicate the strategy&nbsp;with the purchase of Elo7 (the \"Etsy of Brazil\") and Depop (a luxury goods reseller popular with 20-somethings in the U.S., U.K., and Australia).</p><p><blockquote>如今，Etsy是一个利润丰厚的在线市场。今年上半年，该公司产生了2.61亿美元的自由现金流，自由现金流利润率为24%。该公司正在利用其优势，在电子商务行业的独特手工产品领域加倍下注。几年前，它收购了在线音乐设备销售平台Reverb，取得了巨大成功，现在它将尝试复制这一战略，收购Elo7（“巴西的Etsy”）和Depop（一家在美国、英国和澳大利亚深受20多岁年轻人欢迎的奢侈品经销商）。</blockquote></p><p> Given Etsy's strong position in its e-commerce niche and enduring growth (Q3 outlook is calling for about 13.5% year-over-year revenue growth, another slowdown that factors in the lapping of the online buying boom last summer), I like its move to build on its momentum in fashion and other vintage items. Elo7 and Depop will open the door to new customer acquisition opportunities, and the two companies are worthy uses of some of the nearly $2.6 billion in cash and investments the company had on its balance sheet at the end of June.</p><p><blockquote>鉴于Etsy在电子商务领域的强势地位和持久的增长（第三季度展望预计收入同比增长约13.5%，这是去年夏天在线购买热潮的另一个放缓因素），我喜欢它的举动巩固其在时尚和其他复古单品方面的势头。Elo7和Depop将为新的客户获取机会打开大门，这两家公司值得利用该公司截至6月底资产负债表上近26亿美元的现金和投资。</blockquote></p><p> Etsy's stock price is still more than 20% below the all-time highs reached early in 2021, and currently trades for 40 times trailing 12-month free cash flow. Given the massive opportunity it just created for itself with the purchase of Elo7 and Depop, this looks like a great long-term value right now.</p><p><blockquote>Etsy的股价仍比2021年初达到的历史高点低20%以上，目前的交易价格是过去12个月自由现金流的40倍。考虑到它刚刚通过购买Elo7和Depop为自己创造了巨大的机会，这现在看起来是一个巨大的长期价值。</blockquote></p><p> <b>2. Pinterest: Don't worry about a decline in users</b></p><p><blockquote><b>2.Pinterest：不用担心用户下滑</b></blockquote></p><p> A loss of users is bad news for an&nbsp;internet-based business model, and that's just what Pinterest reported in Q2. U.S. monthly average users (MAUs) fell 5% year over year to 91 million, although the global total rose 9% year over year to 454 million from an increase in international MAUs. Worse still, Pinterest said MAUs in the U.S. had fallen 9% in the month of July, leading to a global MAU slowdown to just up 5% year over year.</p><p><blockquote>对于基于互联网的商业模式来说，用户流失是个坏消息，这正是Pinterest在第二季度报告的情况。美国月平均用户(MAU)同比下降5%至9100万，但由于国际MAU的增加，全球总数同比增长9%至4.54亿。更糟糕的是，Pinterest表示，7月份美国的月活跃用户数下降了9%，导致全球月活跃用户数同比放缓至仅增长5%。</blockquote></p><p> As a result of these dismal-looking figures, the stock price cratered after the last earnings update, and it is sporting a year-to-date return of negative 14% as of this writing. But I say it's a great buying opportunity.</p><p><blockquote>由于这些令人沮丧的数据，该公司的股价在上次财报更新后暴跌，截至撰写本文时，该公司今年迄今的回报率为负14%。但我说这是一个很好的买入机会。</blockquote></p><p> There are a few reasons why. For one thing, management believes most of the MAU declines are due to the loss of less engaged and less profitable desktop computer users. Highly coveted mobile users -- which skew to younger demographics that spend tons of time on their mobile devices -- actually increased in the U.S. during Q2 and grew 20% year over year internationally.</p><p><blockquote>有几个原因。一方面，管理层认为MAU下降的大部分原因是参与度较低、利润较低的台式电脑用户的流失。令人垂涎的移动用户（偏向于在移动设备上花费大量时间的年轻人群）实际上在第二季度在美国有所增加，在国际上同比增长20%。</blockquote></p><p> Second, Pinterest's usefulness as a shopping tool is also on the rise. Merchant catalog uploads grew 50% from Q1 2021 to Q2 alone, benefiting from the company's integration with e-commerce software giant&nbsp;<b>Shopify</b>. As a result of this extra monetization of its user base, average revenue per user (ARPU) surged 89% year over year, including a 163% rise in international ARPU. And at just $0.36 of ARPU outside of the U.S., this metric is barely getting rolling for Pinterest.</p><p><blockquote>其次，Pinterest作为购物工具的有用性也在上升。仅从2021年第一季度到第二季度，商家目录上传量就增长了50%，这得益于公司与电子商务软件巨头的整合<b>Shopify</b>由于其用户群的额外货币化，每用户平均收入(ARPU)同比飙升89%，其中国际ARPU增长163%。美国以外的ARPU仅为0.36美元，这一指标在Pinterest几乎没有发挥作用。</blockquote></p><p></p><p> Pinterest's revenue also exploded 125% higher year over year in Q2 to $613 million, and the outlook calls for a low-40% increase in Q3. The stock trades for 96 times trailing 12-month free cash flow, but that's a long-term bargain considering how fast this company's bottom line is rising right now.</p><p><blockquote>Pinterest第二季度的收入也同比增长125%，达到6.13亿美元，预计第三季度将增长40%。该股的交易价格是过去12个月自由现金流的96倍，但考虑到该公司目前利润增长的速度，这是一个长期的讨价还价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed8e55d0762e8af662d63352d8ed96be\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"><span>DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCHARTS提供。</span></p></blockquote></p><p> <b>3. Wix: Delta variant uncertainty takes an unfair bite out of Wix</b></p><p><blockquote><b>3.Wix：德尔塔变异毒株的不确定性对Wix造成了不公平的影响</b></blockquote></p><p> Share prices of Wix took a dramatic turn for the worse after the company released its Q2 update. The stock fell more than 30% from its late-July levels and is now down 28% so far in 2021. All of this is in spite of the company reporting a 34% year-over-year increase in revenue to $316 million, $2 million more than the guidance it provided just a few months ago.</p><p><blockquote>Wix发布第二季度更新后，其股价急剧恶化。该股较7月底的水平下跌了30%以上，目前2021年迄今已下跌28%。尽管该公司报告收入同比增长34%，达到3.16亿美元，比几个月前提供的指导高出200万美元，但所有这些都发生了。</blockquote></p><p> What gives? Wix is blaming the delta variant of COVID-19 that is now spreading around the world. The uncertainty this has created for the global economy led management to downgrade its full-year 2021 forecast, reducing its revenue outlook by as much as $25 million to a range of $1.26 billion to $1.27 billion. Full-year free cash flow was also reduced down to a range of $35 million to $40 million (previously $62 million to $72 million) reflecting ongoing investments to promote long-term growth.</p><p><blockquote>什么给？Wix将其归咎于目前正在全球蔓延的新冠肺炎德尔塔变异毒株。这给全球经济带来的不确定性导致管理层下调了2021年全年预测，将收入前景下调了2500万美元，至12.6亿至12.7亿美元。全年自由现金流也减少至3500万美元至4000万美元（之前为6200万美元至7200万美元），反映了促进长期增长的持续投资。</blockquote></p><p> However, the renewed worry over the pandemic is creating a buying opportunity for this growth stock. Wix is a leader in no-code web development and is rolling out loads of new features to its platform. The latest, Branded App By Wix, allows users to easily create their own mobile-native applications. Given how incredibly important it is to engage with consumers via mobile devices these days, this is a huge feature drop for Wix. The strength of its offerings underscores why it's outgrowing even its small peers.<b>Squarespace</b>, for example, grew its Q2 revenue just 31% year over year to $196 million.</p><p><blockquote>然而，对疫情的新担忧正在为这只成长型股票创造买入机会。Wix是无代码web开发领域的领导者，正在为其平台推出大量新功能。Wix最新的品牌应用程序允许用户轻松创建自己的移动原生应用程序。鉴于如今通过移动设备与消费者互动是多么重要，这对Wix来说是一个巨大的功能下降。其产品的实力凸显了为什么它的增长甚至超过了小型同行。<b>Squarespace</b>例如，其第二季度收入同比仅增长31%，达到1.96亿美元。</blockquote></p><p> Wix trades for 113 times trailing 12-month free cash flow after Q2, a metric that could get worse through the second half of this year as the company spends heavily to foster its full long-term potential. But even factoring in the temporary reduction in profitability, this is&nbsp;as cheap as Wix stock has been this year, and the prospects for this leading web creation software firm are better than ever. I plan to buy more shares this month.</p><p><blockquote>第二季度之后，Wix的市盈率是过去12个月自由现金流的113倍，随着该公司投入巨资来培养其全部长期潜力，这一指标在今年下半年可能会变得更糟。但即使考虑到盈利能力的暂时下降，这也与Wix股票今年的价格一样便宜，而且这家领先的网络创建软件公司的前景比以往任何时候都好。我计划这个月购买更多股票。</blockquote></p><p></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>3 Top E-Commerce Stocks to Buy in August<blockquote>8月份最值得买入的3只电子商务股票</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n3 Top E-Commerce Stocks to Buy in August<blockquote>8月份最值得买入的3只电子商务股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-08-17 10:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Etsy is becoming a \"house of brands\" with its recent acquisition of Elo7 and Depop.</li>  <li>Pinterest is reporting growth in all the right metrics, most notably mobile users and ARPU.</li>  <li>The market erased 30% of Wix's valuation even though it modestly downgraded its full-year outlook.</li> </ul> </p><p><blockquote><ul><li>Etsy最近收购了Elo7和Depop，正在成为“品牌之家”。</li><li>Pinterest报告了所有正确指标的增长，最明显的是移动用户和ARPU。</li><li>尽管Wix小幅下调了全年前景，但市场仍将其估值下调了30%。</li></ul></blockquote></p><p> As they start to lap the initial effects of the pandemic last spring, many smaller e-commerce stocks have been getting beaten up. 2020 was a banner year for digital businesses, and year-ago comparable financial figures have been tough, leading to a \"slowdown\" for many digital commerce companies' growth rates.</p><p><blockquote>去年春天，当许多规模较小的电子商务股票开始受到疫情的初步影响时，它们受到了重创。2020年对于数字企业来说是辉煌的一年，去年同期的可比财务数据一直很艰难，导致许多数字商务公司的增长率“放缓”。</blockquote></p><p> But that doesn't mean these companies should be relegated to \"pandemic stock\" status and forgotten going forward. While they may not be growing at the torrid pace they were before, they're still growing at double-digit percentages and compounding their long-term expansion track records.</p><p><blockquote>但这并不意味着这些公司应该被降级为“流行病股票”并被遗忘。虽然他们的增长速度可能没有以前那么快，但他们仍然以两位数的百分比增长，并巩固了他们的长期扩张记录。</blockquote></p><p> Three that look like great buys in August after Q2 2021 earnings updates are&nbsp;<b>Etsy</b>(NASDAQ:ETSY),<b>Pinterest</b>(NYSE:PINS), and&nbsp;<b>Wix.com</b>(NASDAQ:WIX).</p><p><blockquote>2021年第二季度收益更新后，8月份值得买入的三项股票是<b>Etsy</b>（纳斯达克：ETSY），<b>Pinterest</b>（纽约证券交易所代码：PINS），以及<b>Wix.com</b>（纳斯达克：WIX）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdf1598d84618dcc32cc77a570181b47\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>1. Etsy: Building on momentum to become a \"house of brands\"</b></p><p><blockquote><b>1.Etsy：蓄势成为“品牌之家”</b></blockquote></p><p> Etsy reported 23% year-over-year growth in revenue in Q2 2021 to $529 million, quite the slowdown from the triple-digit percentage pace the company was still notching just a quarter ago (though Etsy was still lapping pre-pandemic figures in Q1 before the massive surge in online spending). However, better illustrating Etsy's incredible momentum and compound growth, Q2 revenue was 192% higher than the same period in 2019.</p><p><blockquote>Etsy报告称，2021年第二季度收入同比增长23%，达到5.29亿美元，与该公司仅在一个季度前仍保持的三位数百分比速度相比大幅放缓（尽管Etsy仍在超越大流行前的数据）在线支出大幅激增之前的第一季度）。然而，更好地说明了Etsy令人难以置信的势头和复合增长，Q2收入比2019年同期增长了192%。</blockquote></p><p> Etsy is a highly profitable online marketplace these days. It generated a&nbsp;free cash flow&nbsp;of $261 million during the first half of this year, good for a free cash flow profit margin of 24%. The company is using its strength to double down on the unique and handmade items segment of the e-commerce industry. A couple of years ago, it acquired online music equipment selling platform Reverb to great success and is now going to try and&nbsp;duplicate the strategy&nbsp;with the purchase of Elo7 (the \"Etsy of Brazil\") and Depop (a luxury goods reseller popular with 20-somethings in the U.S., U.K., and Australia).</p><p><blockquote>如今，Etsy是一个利润丰厚的在线市场。今年上半年，该公司产生了2.61亿美元的自由现金流，自由现金流利润率为24%。该公司正在利用其优势，在电子商务行业的独特手工产品领域加倍下注。几年前，它收购了在线音乐设备销售平台Reverb，取得了巨大成功，现在它将尝试复制这一战略，收购Elo7（“巴西的Etsy”）和Depop（一家在美国、英国和澳大利亚深受20多岁年轻人欢迎的奢侈品经销商）。</blockquote></p><p> Given Etsy's strong position in its e-commerce niche and enduring growth (Q3 outlook is calling for about 13.5% year-over-year revenue growth, another slowdown that factors in the lapping of the online buying boom last summer), I like its move to build on its momentum in fashion and other vintage items. Elo7 and Depop will open the door to new customer acquisition opportunities, and the two companies are worthy uses of some of the nearly $2.6 billion in cash and investments the company had on its balance sheet at the end of June.</p><p><blockquote>鉴于Etsy在电子商务领域的强势地位和持久的增长（第三季度展望预计收入同比增长约13.5%，这是去年夏天在线购买热潮的另一个放缓因素），我喜欢它的举动巩固其在时尚和其他复古单品方面的势头。Elo7和Depop将为新的客户获取机会打开大门，这两家公司值得利用该公司截至6月底资产负债表上近26亿美元的现金和投资。</blockquote></p><p> Etsy's stock price is still more than 20% below the all-time highs reached early in 2021, and currently trades for 40 times trailing 12-month free cash flow. Given the massive opportunity it just created for itself with the purchase of Elo7 and Depop, this looks like a great long-term value right now.</p><p><blockquote>Etsy的股价仍比2021年初达到的历史高点低20%以上，目前的交易价格是过去12个月自由现金流的40倍。考虑到它刚刚通过购买Elo7和Depop为自己创造了巨大的机会，这现在看起来是一个巨大的长期价值。</blockquote></p><p> <b>2. Pinterest: Don't worry about a decline in users</b></p><p><blockquote><b>2.Pinterest：不用担心用户下滑</b></blockquote></p><p> A loss of users is bad news for an&nbsp;internet-based business model, and that's just what Pinterest reported in Q2. U.S. monthly average users (MAUs) fell 5% year over year to 91 million, although the global total rose 9% year over year to 454 million from an increase in international MAUs. Worse still, Pinterest said MAUs in the U.S. had fallen 9% in the month of July, leading to a global MAU slowdown to just up 5% year over year.</p><p><blockquote>对于基于互联网的商业模式来说，用户流失是个坏消息，这正是Pinterest在第二季度报告的情况。美国月平均用户(MAU)同比下降5%至9100万，但由于国际MAU的增加，全球总数同比增长9%至4.54亿。更糟糕的是，Pinterest表示，7月份美国的月活跃用户数下降了9%，导致全球月活跃用户数同比放缓至仅增长5%。</blockquote></p><p> As a result of these dismal-looking figures, the stock price cratered after the last earnings update, and it is sporting a year-to-date return of negative 14% as of this writing. But I say it's a great buying opportunity.</p><p><blockquote>由于这些令人沮丧的数据，该公司的股价在上次财报更新后暴跌，截至撰写本文时，该公司今年迄今的回报率为负14%。但我说这是一个很好的买入机会。</blockquote></p><p> There are a few reasons why. For one thing, management believes most of the MAU declines are due to the loss of less engaged and less profitable desktop computer users. Highly coveted mobile users -- which skew to younger demographics that spend tons of time on their mobile devices -- actually increased in the U.S. during Q2 and grew 20% year over year internationally.</p><p><blockquote>有几个原因。一方面，管理层认为MAU下降的大部分原因是参与度较低、利润较低的台式电脑用户的流失。令人垂涎的移动用户（偏向于在移动设备上花费大量时间的年轻人群）实际上在第二季度在美国有所增加，在国际上同比增长20%。</blockquote></p><p> Second, Pinterest's usefulness as a shopping tool is also on the rise. Merchant catalog uploads grew 50% from Q1 2021 to Q2 alone, benefiting from the company's integration with e-commerce software giant&nbsp;<b>Shopify</b>. As a result of this extra monetization of its user base, average revenue per user (ARPU) surged 89% year over year, including a 163% rise in international ARPU. And at just $0.36 of ARPU outside of the U.S., this metric is barely getting rolling for Pinterest.</p><p><blockquote>其次，Pinterest作为购物工具的有用性也在上升。仅从2021年第一季度到第二季度，商家目录上传量就增长了50%，这得益于公司与电子商务软件巨头的整合<b>Shopify</b>由于其用户群的额外货币化，每用户平均收入(ARPU)同比飙升89%，其中国际ARPU增长163%。美国以外的ARPU仅为0.36美元，这一指标在Pinterest几乎没有发挥作用。</blockquote></p><p></p><p> Pinterest's revenue also exploded 125% higher year over year in Q2 to $613 million, and the outlook calls for a low-40% increase in Q3. The stock trades for 96 times trailing 12-month free cash flow, but that's a long-term bargain considering how fast this company's bottom line is rising right now.</p><p><blockquote>Pinterest第二季度的收入也同比增长125%，达到6.13亿美元，预计第三季度将增长40%。该股的交易价格是过去12个月自由现金流的96倍，但考虑到该公司目前利润增长的速度，这是一个长期的讨价还价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed8e55d0762e8af662d63352d8ed96be\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"><span>DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCHARTS提供。</span></p></blockquote></p><p> <b>3. Wix: Delta variant uncertainty takes an unfair bite out of Wix</b></p><p><blockquote><b>3.Wix：德尔塔变异毒株的不确定性对Wix造成了不公平的影响</b></blockquote></p><p> Share prices of Wix took a dramatic turn for the worse after the company released its Q2 update. The stock fell more than 30% from its late-July levels and is now down 28% so far in 2021. All of this is in spite of the company reporting a 34% year-over-year increase in revenue to $316 million, $2 million more than the guidance it provided just a few months ago.</p><p><blockquote>Wix发布第二季度更新后，其股价急剧恶化。该股较7月底的水平下跌了30%以上，目前2021年迄今已下跌28%。尽管该公司报告收入同比增长34%，达到3.16亿美元，比几个月前提供的指导高出200万美元，但所有这些都发生了。</blockquote></p><p> What gives? Wix is blaming the delta variant of COVID-19 that is now spreading around the world. The uncertainty this has created for the global economy led management to downgrade its full-year 2021 forecast, reducing its revenue outlook by as much as $25 million to a range of $1.26 billion to $1.27 billion. Full-year free cash flow was also reduced down to a range of $35 million to $40 million (previously $62 million to $72 million) reflecting ongoing investments to promote long-term growth.</p><p><blockquote>什么给？Wix将其归咎于目前正在全球蔓延的新冠肺炎德尔塔变异毒株。这给全球经济带来的不确定性导致管理层下调了2021年全年预测，将收入前景下调了2500万美元，至12.6亿至12.7亿美元。全年自由现金流也减少至3500万美元至4000万美元（之前为6200万美元至7200万美元），反映了促进长期增长的持续投资。</blockquote></p><p> However, the renewed worry over the pandemic is creating a buying opportunity for this growth stock. Wix is a leader in no-code web development and is rolling out loads of new features to its platform. The latest, Branded App By Wix, allows users to easily create their own mobile-native applications. Given how incredibly important it is to engage with consumers via mobile devices these days, this is a huge feature drop for Wix. The strength of its offerings underscores why it's outgrowing even its small peers.<b>Squarespace</b>, for example, grew its Q2 revenue just 31% year over year to $196 million.</p><p><blockquote>然而，对疫情的新担忧正在为这只成长型股票创造买入机会。Wix是无代码web开发领域的领导者，正在为其平台推出大量新功能。Wix最新的品牌应用程序允许用户轻松创建自己的移动原生应用程序。鉴于如今通过移动设备与消费者互动是多么重要，这对Wix来说是一个巨大的功能下降。其产品的实力凸显了为什么它的增长甚至超过了小型同行。<b>Squarespace</b>例如，其第二季度收入同比仅增长31%，达到1.96亿美元。</blockquote></p><p> Wix trades for 113 times trailing 12-month free cash flow after Q2, a metric that could get worse through the second half of this year as the company spends heavily to foster its full long-term potential. But even factoring in the temporary reduction in profitability, this is&nbsp;as cheap as Wix stock has been this year, and the prospects for this leading web creation software firm are better than ever. I plan to buy more shares this month.</p><p><blockquote>第二季度之后，Wix的市盈率是过去12个月自由现金流的113倍，随着该公司投入巨资来培养其全部长期潜力，这一指标在今年下半年可能会变得更糟。但即使考虑到盈利能力的暂时下降，这也与Wix股票今年的价格一样便宜，而且这家领先的网络创建软件公司的前景比以往任何时候都好。我计划这个月购买更多股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/08/16/3-top-e-commerce-stocks-to-buy-in-august/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","ETSY":"Etsy, Inc.","WIX":"Wix.Com Ltd"},"source_url":"https://www.fool.com/investing/2021/08/16/3-top-e-commerce-stocks-to-buy-in-august/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128183681","content_text":"Key Points\n\nEtsy is becoming a \"house of brands\" with its recent acquisition of Elo7 and Depop.\nPinterest is reporting growth in all the right metrics, most notably mobile users and ARPU.\nThe market erased 30% of Wix's valuation even though it modestly downgraded its full-year outlook.\n\n\nAs they start to lap the initial effects of the pandemic last spring, many smaller e-commerce stocks have been getting beaten up. 2020 was a banner year for digital businesses, and year-ago comparable financial figures have been tough, leading to a \"slowdown\" for many digital commerce companies' growth rates.\nBut that doesn't mean these companies should be relegated to \"pandemic stock\" status and forgotten going forward. While they may not be growing at the torrid pace they were before, they're still growing at double-digit percentages and compounding their long-term expansion track records.\nThree that look like great buys in August after Q2 2021 earnings updates are Etsy(NASDAQ:ETSY),Pinterest(NYSE:PINS), and Wix.com(NASDAQ:WIX).\nIMAGE SOURCE: GETTY IMAGES.\n1. Etsy: Building on momentum to become a \"house of brands\"\nEtsy reported 23% year-over-year growth in revenue in Q2 2021 to $529 million, quite the slowdown from the triple-digit percentage pace the company was still notching just a quarter ago (though Etsy was still lapping pre-pandemic figures in Q1 before the massive surge in online spending). However, better illustrating Etsy's incredible momentum and compound growth, Q2 revenue was 192% higher than the same period in 2019.\nEtsy is a highly profitable online marketplace these days. It generated a free cash flow of $261 million during the first half of this year, good for a free cash flow profit margin of 24%. The company is using its strength to double down on the unique and handmade items segment of the e-commerce industry. A couple of years ago, it acquired online music equipment selling platform Reverb to great success and is now going to try and duplicate the strategy with the purchase of Elo7 (the \"Etsy of Brazil\") and Depop (a luxury goods reseller popular with 20-somethings in the U.S., U.K., and Australia).\nGiven Etsy's strong position in its e-commerce niche and enduring growth (Q3 outlook is calling for about 13.5% year-over-year revenue growth, another slowdown that factors in the lapping of the online buying boom last summer), I like its move to build on its momentum in fashion and other vintage items. Elo7 and Depop will open the door to new customer acquisition opportunities, and the two companies are worthy uses of some of the nearly $2.6 billion in cash and investments the company had on its balance sheet at the end of June.\nEtsy's stock price is still more than 20% below the all-time highs reached early in 2021, and currently trades for 40 times trailing 12-month free cash flow. Given the massive opportunity it just created for itself with the purchase of Elo7 and Depop, this looks like a great long-term value right now.\n2. Pinterest: Don't worry about a decline in users\nA loss of users is bad news for an internet-based business model, and that's just what Pinterest reported in Q2. U.S. monthly average users (MAUs) fell 5% year over year to 91 million, although the global total rose 9% year over year to 454 million from an increase in international MAUs. Worse still, Pinterest said MAUs in the U.S. had fallen 9% in the month of July, leading to a global MAU slowdown to just up 5% year over year.\nAs a result of these dismal-looking figures, the stock price cratered after the last earnings update, and it is sporting a year-to-date return of negative 14% as of this writing. But I say it's a great buying opportunity.\nThere are a few reasons why. For one thing, management believes most of the MAU declines are due to the loss of less engaged and less profitable desktop computer users. Highly coveted mobile users -- which skew to younger demographics that spend tons of time on their mobile devices -- actually increased in the U.S. during Q2 and grew 20% year over year internationally.\nSecond, Pinterest's usefulness as a shopping tool is also on the rise. Merchant catalog uploads grew 50% from Q1 2021 to Q2 alone, benefiting from the company's integration with e-commerce software giant Shopify. As a result of this extra monetization of its user base, average revenue per user (ARPU) surged 89% year over year, including a 163% rise in international ARPU. And at just $0.36 of ARPU outside of the U.S., this metric is barely getting rolling for Pinterest.\nPinterest's revenue also exploded 125% higher year over year in Q2 to $613 million, and the outlook calls for a low-40% increase in Q3. The stock trades for 96 times trailing 12-month free cash flow, but that's a long-term bargain considering how fast this company's bottom line is rising right now.\nDATA BY YCHARTS.\n3. Wix: Delta variant uncertainty takes an unfair bite out of Wix\nShare prices of Wix took a dramatic turn for the worse after the company released its Q2 update. The stock fell more than 30% from its late-July levels and is now down 28% so far in 2021. All of this is in spite of the company reporting a 34% year-over-year increase in revenue to $316 million, $2 million more than the guidance it provided just a few months ago.\nWhat gives? Wix is blaming the delta variant of COVID-19 that is now spreading around the world. The uncertainty this has created for the global economy led management to downgrade its full-year 2021 forecast, reducing its revenue outlook by as much as $25 million to a range of $1.26 billion to $1.27 billion. Full-year free cash flow was also reduced down to a range of $35 million to $40 million (previously $62 million to $72 million) reflecting ongoing investments to promote long-term growth.\nHowever, the renewed worry over the pandemic is creating a buying opportunity for this growth stock. Wix is a leader in no-code web development and is rolling out loads of new features to its platform. The latest, Branded App By Wix, allows users to easily create their own mobile-native applications. Given how incredibly important it is to engage with consumers via mobile devices these days, this is a huge feature drop for Wix. The strength of its offerings underscores why it's outgrowing even its small peers.Squarespace, for example, grew its Q2 revenue just 31% year over year to $196 million.\nWix trades for 113 times trailing 12-month free cash flow after Q2, a metric that could get worse through the second half of this year as the company spends heavily to foster its full long-term potential. But even factoring in the temporary reduction in profitability, this is as cheap as Wix stock has been this year, and the prospects for this leading web creation software firm are better than ever. 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Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/168413192","repostId":"2144402567","repostType":4,"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160457569,"gmtCreate":1623805157551,"gmtModify":1634027931196,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562988560310363","authorIdStr":"3562988560310363"},"themes":[],"htmlText":"Pls like n comment","listText":"Pls like n comment","text":"Pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/160457569","repostId":"2143680537","repostType":4,"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801035383,"gmtCreate":1627471782042,"gmtModify":1633764702802,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562988560310363","authorIdStr":"3562988560310363"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>don't be fooled by pre mkt, this is going down to 12 before any rebound.","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>don't be fooled by pre mkt, this is going down to 12 before any rebound.","text":"$Tiger Brokers(TIGR)$don't be fooled by pre mkt, this is going down to 12 before any rebound.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/801035383","isVote":1,"tweetType":1,"viewCount":1361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126704295,"gmtCreate":1624583643417,"gmtModify":1633950962856,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562988560310363","authorIdStr":"3562988560310363"},"themes":[],"htmlText":"Comment n like pls","listText":"Comment n like pls","text":"Comment n like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/126704295","repostId":"2146029313","repostType":4,"isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168434834,"gmtCreate":1623980530228,"gmtModify":1634024813876,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562988560310363","authorIdStr":"3562988560310363"},"themes":[],"htmlText":"Like n comment pls. Tks","listText":"Like n comment pls. Tks","text":"Like n comment pls. Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/168434834","repostId":"1197160756","repostType":4,"repost":{"id":"1197160756","kind":"news","pubTimestamp":1623980251,"share":"https://www.laohu8.com/m/news/1197160756?lang=zh_CN&edition=full","pubTime":"2021-06-18 09:37","market":"us","language":"en","title":"1 Big Reason to Dump AMD and Buy NVIDIA<blockquote>抛弃AMD并购买NVIDIA的1大理由</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1197160756","media":"Motley Fool","summary":"The graphics specialist enjoys a huge advantage over its smaller rival in an important market.","content":"<p><b>NVIDIA</b>&nbsp;(NASDAQ:NVDA)&nbsp;has been ruling the roost in the discrete graphics processing unit (GPU) market, despite the best efforts of&nbsp;<b>Advanced Micro Devices</b>(NASDAQ:AMD)&nbsp;to gain share in this highly lucrative space. And NVIDIA is showing no signs of losing its grip over the graphics card market, according to the latest market share numbers provided&nbsp;by Jon Peddie Research.</p><p><blockquote><b>英伟达</b>（纳斯达克：NVDA）一直在独立图形处理单元（GPU）市场上占据主导地位，尽管<b>先进微设备公司</b>（纳斯达克：AMD）在这个利润丰厚的领域获得份额。根据Jon Peddie Research提供的最新市场份额数据，NVIDIA没有表现出失去对显卡市场控制的迹象。</blockquote></p><p> Let's see why that bodes well for NVIDIA, and makes it a better bet than arch-rival AMD.</p><p><blockquote>让我们看看为什么这对NVIDIA来说是个好兆头，并使其成为比主要竞争对手AMD更好的选择。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94007897775e469423cc8a3d1e55440d\" tg-width=\"700\" tg-height=\"393\"><span>IMAGE SOURCE: GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社</span></p></blockquote></p><p> <b>NVIDIA stamps its authority on graphics cards once again</b></p><p><blockquote><b>NVIDIA再次在显卡上树立权威</b></blockquote></p><p> NVIDIA&nbsp;finished 2020 with&nbsp;82% of the discrete graphics card market under its control, while AMD held the rest. The company's impressive momentum has spilled over into 2021, as it occupied 81% of the market in Q1. That was a nice increase&nbsp;over the year-ago period's market share of 75%.</p><p><blockquote>英伟达在2020年结束时控制了82%的独立显卡市场，而AMD则控制了其余部分。该公司令人印象深刻的势头已经蔓延到2021年，在第一季度占据了81%的市场份额。与去年同期75%的市场份额相比，这是一个不错的增长。</blockquote></p><p> AMD, on the other hand, lost market share for yet another quarter. The company has been&nbsp;losing ground&nbsp;to NVIDIA since the latter launched the&nbsp;RTX 30 series cards&nbsp;toward the end of 2020. AMD was in resurgent mode prior to the arrival of the RTX 30 series cards -- its Navi GPUs were&nbsp;making a nice dent&nbsp;in NVIDIA's graphics card supremacy a year ago. But that isn't the case anymore.</p><p><blockquote>另一方面，AMD又失去了一个季度的市场份额。自英伟达在2020年底推出RTX 30系列卡以来，该公司一直在输给英伟达。在RTX 30系列卡到来之前，AMD正处于复兴模式——一年前，它的Navi GPU对NVIDIA的显卡霸主地位产生了很大的影响。但现在已经不是这样了。</blockquote></p><p> <b>NVIDIA stamps its authority on graphics cards once again</b></p><p><blockquote><b>NVIDIA再次在显卡上树立权威</b></blockquote></p><p> NVIDIAfinished 2020 with82% of the discrete graphics card market under its control, while AMD held the rest. The company's impressive momentum has spilled over into 2021, as it occupied 81% of the market in Q1. That was a nice increase&nbsp;over the year-ago period's market share of 75%.</p><p><blockquote>截至2020年，Nvidia控制了82%的独立显卡市场，而AMD则控制了其余市场。该公司令人印象深刻的势头已经蔓延到2021年，在第一季度占据了81%的市场份额。与去年同期75%的市场份额相比，这是一个不错的增长。</blockquote></p><p> AMD, on the other hand, lost market share for yet another quarter. The company has been&nbsp;losing ground&nbsp;to NVIDIA since the latter launched theRTX 30 series cardstoward the end of 2020. AMD was in resurgent mode prior to the arrival of the RTX 30 series cards -- its Navi GPUs weremaking a nice dentin NVIDIA's graphics card supremacy a year ago. But that isn't the case anymore.</p><p><blockquote>另一方面，AMD又失去了一个季度的市场份额。自英伟达于2020年底推出TX 30系列卡以来，该公司一直在输给英伟达。在RTX 30系列卡到来之前，AMD正处于复兴模式——一年前，它的Navi GPU正在成为英伟达显卡霸主的一个很好的牙本质。但现在已经不是这样了。</blockquote></p><p> Jon Peddie Research estimates that discrete GPU shipments shot up 24.4% year-over-year. The market generated $12.5 billion in revenue in Q1, a 370% spike over the prior-year period, thanks to a&nbsp;jump in the average selling prices&nbsp;(ASPs) triggered by huge demand and short supply. NVIDIA's massive market share means that it has won big from this spike, which is reflected in its Q1 performance.</p><p><blockquote>Jon Peddie Research估计，独立GPU出货量同比猛增24.4%。由于巨大的需求和供应短缺引发的平均售价(ASP)上涨，该市场在第一季度创造了125亿美元的收入，比去年同期增长了370%。英伟达巨大的市场份额意味着它从这一飙升中受益匪浅，这反映在其第一季度的业绩中。</blockquote></p><p> NVIDIA's gaming revenue more than doubled&nbsp;year-over-year in the first quarter of fiscal 2022 to $2.76 billion. AMD's computing and graphics segment, which also includes the sales of its Ryzen desktop and notebook processors, grew at a relatively slower pace of 46% year-over-year to $2.1 billion in Q1.</p><p><blockquote>英伟达2022财年第一季度的游戏收入同比增长了一倍多，达到27.6亿美元。AMD的计算和图形部门（还包括Ryzen台式机和笔记本处理器的销售额）在第一季度同比增长46%，达到21亿美元，增速相对较慢。</blockquote></p><p> Jon Peddie Research estimates that the discrete GPU market could be worth $54 billion by 2025, compared to $23.6 billion last year. NVIDIA's dominant position should allow it to corner a substantial portion of that pie in the future, especially considering its moves to strengthen its position.</p><p><blockquote>Jon Peddie Research估计，到2025年，独立GPU市场价值可能达到540亿美元，而去年为236亿美元。英伟达的主导地位应该使其能够在未来垄断很大一部分蛋糕，特别是考虑到其加强地位的举措。</blockquote></p><p> <b>AMD's resistance may not be enough</b></p><p><blockquote><b>AMD的阻力可能还不够</b></blockquote></p><p> AMD has been trying to put up a fight against NVIDIA, and it did show some progress last quarter, registering a quarter-over-quarter market share gain of one percentage point. However, AMD is now looking to raise its game with a new technology, the FidelityFX Super Resolution (FSR). This will compete with NVIDIA's deep learning super sampling (DLSS) image upscaling technology, which helps games look better and run smoother.</p><p><blockquote>AMD一直在努力对抗NVIDIA，上个季度确实取得了一些进展，市场份额环比增长了一个百分点。然而，AMD现在正寻求通过一项新技术FidelityFX超分辨率（FSR）来提高其竞争力。这将与英伟达的深度学习超级采样（DLSS）图像升级技术竞争，该技术有助于游戏看起来更好，运行更流畅。</blockquote></p><p> AMD's internal tests claim that its new tech can help games run at 59% higher frame rates on ultra-quality settings. The chipmaker also claims that FSR could increase gaming performance by 2.5 times in certain titles using the performance setting. In addition, AMD says that FSR supports a wide range of hardware that includes more than 100 processors and graphics cards thanks to its open-source nature.</p><p><blockquote>AMD的内部测试声称，其新技术可以帮助游戏在超质量设置下以59%的帧率运行。该芯片制造商还声称，使用性能设置，FSR可以将某些游戏的游戏性能提高2.5倍。此外，AMD表示，由于其开源性质，FSR支持广泛的硬件，包括100多种处理器和显卡。</blockquote></p><p> FSR will launch on June 22, and it could give AMD a nice boost in the GPU market. However, only time will tell if the new technology will translate into sales for AMD, given that its rival's DLSS tech is already in its second&nbsp;generation.</p><p><blockquote>FSR将于6月22日推出，它可能会给AMD在GPU市场带来很好的推动。然而，只有时间才能证明这项新技术是否会转化为AMD的销售额，因为其竞争对手的DLSS技术已经进入第二代。</blockquote></p><p> However, it is worth noting that NVIDIA is trying to cover as much of the GPU market as possible with new launches. The company recently released the RTX 3080 Ti and the RTX 3070 Ti GPUs, priced at $1,199 and $599, respectively. NVIDIA is giving users of older graphics cards a solid reason to upgrade with these cards. It claims that the RTX 3080 Ti is twice as fast as the older GTX 1080 Ti, while the RTX 3070 Ti delivers 1.5x the performance of the RTX 2070 Super.</p><p><blockquote>然而，值得注意的是，英伟达正试图通过新产品的发布来覆盖尽可能多的GPU市场。该公司最近发布了RTX 3080 Ti和RTX 3070 Ti GPU，售价分别为1199美元和599美元。NVIDIA给了旧显卡的用户一个升级这些显卡的充分理由。它声称RTX 3080 Ti的速度是旧的GTX 1080 Ti的两倍，而RTX 3070 Ti的性能是RTX 2070 Super的1.5倍。</blockquote></p><p></p><p> NVIDIA is also&nbsp;stepping up its game&nbsp;in the laptop market with the launch of entry-level graphics cards. The company now offers more than 140 laptop models powered by the RTX 30 cards across a wide range of prices. This puts NVIDIA in a solid position in the fast-growing gaming laptop market, which is expected to hit $15.6 billion in revenue by 2027, compared to $9 billion in 2019.</p><p><blockquote>随着入门级显卡的推出，英伟达也在加强其在笔记本电脑市场的游戏。该公司现在提供140多种由RTX 30卡驱动的笔记本电脑型号，价格范围很广。这使得英伟达在快速增长的游戏笔记本电脑市场中占据了稳固的地位，预计到2027年，该市场的收入将达到156亿美元，而2019年为90亿美元。</blockquote></p><p> All of this indicates that NVIDIA's gaming business could sustain its terrific levels of growth for a long time to come, especially considering that a huge chunk of gamers have&nbsp;yet to upgrade&nbsp;to its latest cards.</p><p><blockquote>所有这些都表明，英伟达的游戏业务可能会在未来很长一段时间内保持其惊人的增长水平，特别是考虑到大量游戏玩家尚未升级到其最新的卡。</blockquote></p><p> Meanwhile, the growth of AMD's gaming business is nowhere close to NVIDIA's, and the situation is unlikely to change given the latter's supremacy in this space. That's why investors looking to take advantage of the booming market for discrete graphics cards and add a&nbsp;top growth stock&nbsp;to their portfolios should choose NVIDIA. Gaming is its largest source of revenue, and this business could stay red-hot for a long time.</p><p><blockquote>与此同时，AMD游戏业务的增长远不及英伟达，鉴于后者在这一领域的霸主地位，这种情况不太可能改变。这就是为什么希望利用蓬勃发展的独立显卡市场并在其投资组合中添加顶级增长股票的投资者应该选择英伟达。游戏是其最大的收入来源，这项业务可能会在很长一段时间内保持火热。</blockquote></p><p></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>1 Big Reason to Dump AMD and Buy NVIDIA<blockquote>抛弃AMD并购买NVIDIA的1大理由</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n1 Big Reason to Dump AMD and Buy NVIDIA<blockquote>抛弃AMD并购买NVIDIA的1大理由</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-06-18 09:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>NVIDIA</b>&nbsp;(NASDAQ:NVDA)&nbsp;has been ruling the roost in the discrete graphics processing unit (GPU) market, despite the best efforts of&nbsp;<b>Advanced Micro Devices</b>(NASDAQ:AMD)&nbsp;to gain share in this highly lucrative space. And NVIDIA is showing no signs of losing its grip over the graphics card market, according to the latest market share numbers provided&nbsp;by Jon Peddie Research.</p><p><blockquote><b>英伟达</b>（纳斯达克：NVDA）一直在独立图形处理单元（GPU）市场上占据主导地位，尽管<b>先进微设备公司</b>（纳斯达克：AMD）在这个利润丰厚的领域获得份额。根据Jon Peddie Research提供的最新市场份额数据，NVIDIA没有表现出失去对显卡市场控制的迹象。</blockquote></p><p> Let's see why that bodes well for NVIDIA, and makes it a better bet than arch-rival AMD.</p><p><blockquote>让我们看看为什么这对NVIDIA来说是个好兆头，并使其成为比主要竞争对手AMD更好的选择。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94007897775e469423cc8a3d1e55440d\" tg-width=\"700\" tg-height=\"393\"><span>IMAGE SOURCE: GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社</span></p></blockquote></p><p> <b>NVIDIA stamps its authority on graphics cards once again</b></p><p><blockquote><b>NVIDIA再次在显卡上树立权威</b></blockquote></p><p> NVIDIA&nbsp;finished 2020 with&nbsp;82% of the discrete graphics card market under its control, while AMD held the rest. The company's impressive momentum has spilled over into 2021, as it occupied 81% of the market in Q1. That was a nice increase&nbsp;over the year-ago period's market share of 75%.</p><p><blockquote>英伟达在2020年结束时控制了82%的独立显卡市场，而AMD则控制了其余部分。该公司令人印象深刻的势头已经蔓延到2021年，在第一季度占据了81%的市场份额。与去年同期75%的市场份额相比，这是一个不错的增长。</blockquote></p><p> AMD, on the other hand, lost market share for yet another quarter. The company has been&nbsp;losing ground&nbsp;to NVIDIA since the latter launched the&nbsp;RTX 30 series cards&nbsp;toward the end of 2020. AMD was in resurgent mode prior to the arrival of the RTX 30 series cards -- its Navi GPUs were&nbsp;making a nice dent&nbsp;in NVIDIA's graphics card supremacy a year ago. But that isn't the case anymore.</p><p><blockquote>另一方面，AMD又失去了一个季度的市场份额。自英伟达在2020年底推出RTX 30系列卡以来，该公司一直在输给英伟达。在RTX 30系列卡到来之前，AMD正处于复兴模式——一年前，它的Navi GPU对NVIDIA的显卡霸主地位产生了很大的影响。但现在已经不是这样了。</blockquote></p><p> <b>NVIDIA stamps its authority on graphics cards once again</b></p><p><blockquote><b>NVIDIA再次在显卡上树立权威</b></blockquote></p><p> NVIDIAfinished 2020 with82% of the discrete graphics card market under its control, while AMD held the rest. The company's impressive momentum has spilled over into 2021, as it occupied 81% of the market in Q1. That was a nice increase&nbsp;over the year-ago period's market share of 75%.</p><p><blockquote>截至2020年，Nvidia控制了82%的独立显卡市场，而AMD则控制了其余市场。该公司令人印象深刻的势头已经蔓延到2021年，在第一季度占据了81%的市场份额。与去年同期75%的市场份额相比，这是一个不错的增长。</blockquote></p><p> AMD, on the other hand, lost market share for yet another quarter. The company has been&nbsp;losing ground&nbsp;to NVIDIA since the latter launched theRTX 30 series cardstoward the end of 2020. AMD was in resurgent mode prior to the arrival of the RTX 30 series cards -- its Navi GPUs weremaking a nice dentin NVIDIA's graphics card supremacy a year ago. But that isn't the case anymore.</p><p><blockquote>另一方面，AMD又失去了一个季度的市场份额。自英伟达于2020年底推出TX 30系列卡以来，该公司一直在输给英伟达。在RTX 30系列卡到来之前，AMD正处于复兴模式——一年前，它的Navi GPU正在成为英伟达显卡霸主的一个很好的牙本质。但现在已经不是这样了。</blockquote></p><p> Jon Peddie Research estimates that discrete GPU shipments shot up 24.4% year-over-year. The market generated $12.5 billion in revenue in Q1, a 370% spike over the prior-year period, thanks to a&nbsp;jump in the average selling prices&nbsp;(ASPs) triggered by huge demand and short supply. NVIDIA's massive market share means that it has won big from this spike, which is reflected in its Q1 performance.</p><p><blockquote>Jon Peddie Research估计，独立GPU出货量同比猛增24.4%。由于巨大的需求和供应短缺引发的平均售价(ASP)上涨，该市场在第一季度创造了125亿美元的收入，比去年同期增长了370%。英伟达巨大的市场份额意味着它从这一飙升中受益匪浅，这反映在其第一季度的业绩中。</blockquote></p><p> NVIDIA's gaming revenue more than doubled&nbsp;year-over-year in the first quarter of fiscal 2022 to $2.76 billion. AMD's computing and graphics segment, which also includes the sales of its Ryzen desktop and notebook processors, grew at a relatively slower pace of 46% year-over-year to $2.1 billion in Q1.</p><p><blockquote>英伟达2022财年第一季度的游戏收入同比增长了一倍多，达到27.6亿美元。AMD的计算和图形部门（还包括Ryzen台式机和笔记本处理器的销售额）在第一季度同比增长46%，达到21亿美元，增速相对较慢。</blockquote></p><p> Jon Peddie Research estimates that the discrete GPU market could be worth $54 billion by 2025, compared to $23.6 billion last year. NVIDIA's dominant position should allow it to corner a substantial portion of that pie in the future, especially considering its moves to strengthen its position.</p><p><blockquote>Jon Peddie Research估计，到2025年，独立GPU市场价值可能达到540亿美元，而去年为236亿美元。英伟达的主导地位应该使其能够在未来垄断很大一部分蛋糕，特别是考虑到其加强地位的举措。</blockquote></p><p> <b>AMD's resistance may not be enough</b></p><p><blockquote><b>AMD的阻力可能还不够</b></blockquote></p><p> AMD has been trying to put up a fight against NVIDIA, and it did show some progress last quarter, registering a quarter-over-quarter market share gain of one percentage point. However, AMD is now looking to raise its game with a new technology, the FidelityFX Super Resolution (FSR). This will compete with NVIDIA's deep learning super sampling (DLSS) image upscaling technology, which helps games look better and run smoother.</p><p><blockquote>AMD一直在努力对抗NVIDIA，上个季度确实取得了一些进展，市场份额环比增长了一个百分点。然而，AMD现在正寻求通过一项新技术FidelityFX超分辨率（FSR）来提高其竞争力。这将与英伟达的深度学习超级采样（DLSS）图像升级技术竞争，该技术有助于游戏看起来更好，运行更流畅。</blockquote></p><p> AMD's internal tests claim that its new tech can help games run at 59% higher frame rates on ultra-quality settings. The chipmaker also claims that FSR could increase gaming performance by 2.5 times in certain titles using the performance setting. In addition, AMD says that FSR supports a wide range of hardware that includes more than 100 processors and graphics cards thanks to its open-source nature.</p><p><blockquote>AMD的内部测试声称，其新技术可以帮助游戏在超质量设置下以59%的帧率运行。该芯片制造商还声称，使用性能设置，FSR可以将某些游戏的游戏性能提高2.5倍。此外，AMD表示，由于其开源性质，FSR支持广泛的硬件，包括100多种处理器和显卡。</blockquote></p><p> FSR will launch on June 22, and it could give AMD a nice boost in the GPU market. However, only time will tell if the new technology will translate into sales for AMD, given that its rival's DLSS tech is already in its second&nbsp;generation.</p><p><blockquote>FSR将于6月22日推出，它可能会给AMD在GPU市场带来很好的推动。然而，只有时间才能证明这项新技术是否会转化为AMD的销售额，因为其竞争对手的DLSS技术已经进入第二代。</blockquote></p><p> However, it is worth noting that NVIDIA is trying to cover as much of the GPU market as possible with new launches. The company recently released the RTX 3080 Ti and the RTX 3070 Ti GPUs, priced at $1,199 and $599, respectively. NVIDIA is giving users of older graphics cards a solid reason to upgrade with these cards. It claims that the RTX 3080 Ti is twice as fast as the older GTX 1080 Ti, while the RTX 3070 Ti delivers 1.5x the performance of the RTX 2070 Super.</p><p><blockquote>然而，值得注意的是，英伟达正试图通过新产品的发布来覆盖尽可能多的GPU市场。该公司最近发布了RTX 3080 Ti和RTX 3070 Ti GPU，售价分别为1199美元和599美元。NVIDIA给了旧显卡的用户一个升级这些显卡的充分理由。它声称RTX 3080 Ti的速度是旧的GTX 1080 Ti的两倍，而RTX 3070 Ti的性能是RTX 2070 Super的1.5倍。</blockquote></p><p></p><p> NVIDIA is also&nbsp;stepping up its game&nbsp;in the laptop market with the launch of entry-level graphics cards. The company now offers more than 140 laptop models powered by the RTX 30 cards across a wide range of prices. This puts NVIDIA in a solid position in the fast-growing gaming laptop market, which is expected to hit $15.6 billion in revenue by 2027, compared to $9 billion in 2019.</p><p><blockquote>随着入门级显卡的推出，英伟达也在加强其在笔记本电脑市场的游戏。该公司现在提供140多种由RTX 30卡驱动的笔记本电脑型号，价格范围很广。这使得英伟达在快速增长的游戏笔记本电脑市场中占据了稳固的地位，预计到2027年，该市场的收入将达到156亿美元，而2019年为90亿美元。</blockquote></p><p> All of this indicates that NVIDIA's gaming business could sustain its terrific levels of growth for a long time to come, especially considering that a huge chunk of gamers have&nbsp;yet to upgrade&nbsp;to its latest cards.</p><p><blockquote>所有这些都表明，英伟达的游戏业务可能会在未来很长一段时间内保持其惊人的增长水平，特别是考虑到大量游戏玩家尚未升级到其最新的卡。</blockquote></p><p> Meanwhile, the growth of AMD's gaming business is nowhere close to NVIDIA's, and the situation is unlikely to change given the latter's supremacy in this space. That's why investors looking to take advantage of the booming market for discrete graphics cards and add a&nbsp;top growth stock&nbsp;to their portfolios should choose NVIDIA. Gaming is its largest source of revenue, and this business could stay red-hot for a long time.</p><p><blockquote>与此同时，AMD游戏业务的增长远不及英伟达，鉴于后者在这一领域的霸主地位，这种情况不太可能改变。这就是为什么希望利用蓬勃发展的独立显卡市场并在其投资组合中添加顶级增长股票的投资者应该选择英伟达。游戏是其最大的收入来源，这项业务可能会在很长一段时间内保持火热。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/06/17/1-big-reason-to-dump-amd-and-buy-nvidia/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/06/17/1-big-reason-to-dump-amd-and-buy-nvidia/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197160756","content_text":"NVIDIA (NASDAQ:NVDA) has been ruling the roost in the discrete graphics processing unit (GPU) market, despite the best efforts of Advanced Micro Devices(NASDAQ:AMD) to gain share in this highly lucrative space. And NVIDIA is showing no signs of losing its grip over the graphics card market, according to the latest market share numbers provided by Jon Peddie Research.\nLet's see why that bodes well for NVIDIA, and makes it a better bet than arch-rival AMD.\nIMAGE SOURCE: GETTY IMAGES\nNVIDIA stamps its authority on graphics cards once again\nNVIDIA finished 2020 with 82% of the discrete graphics card market under its control, while AMD held the rest. The company's impressive momentum has spilled over into 2021, as it occupied 81% of the market in Q1. That was a nice increase over the year-ago period's market share of 75%.\nAMD, on the other hand, lost market share for yet another quarter. The company has been losing ground to NVIDIA since the latter launched the RTX 30 series cards toward the end of 2020. AMD was in resurgent mode prior to the arrival of the RTX 30 series cards -- its Navi GPUs were making a nice dent in NVIDIA's graphics card supremacy a year ago. But that isn't the case anymore.\nNVIDIA stamps its authority on graphics cards once again\nNVIDIAfinished 2020 with82% of the discrete graphics card market under its control, while AMD held the rest. The company's impressive momentum has spilled over into 2021, as it occupied 81% of the market in Q1. That was a nice increase over the year-ago period's market share of 75%.\nAMD, on the other hand, lost market share for yet another quarter. The company has been losing ground to NVIDIA since the latter launched theRTX 30 series cardstoward the end of 2020. AMD was in resurgent mode prior to the arrival of the RTX 30 series cards -- its Navi GPUs weremaking a nice dentin NVIDIA's graphics card supremacy a year ago. But that isn't the case anymore.\nJon Peddie Research estimates that discrete GPU shipments shot up 24.4% year-over-year. The market generated $12.5 billion in revenue in Q1, a 370% spike over the prior-year period, thanks to a jump in the average selling prices (ASPs) triggered by huge demand and short supply. NVIDIA's massive market share means that it has won big from this spike, which is reflected in its Q1 performance.\nNVIDIA's gaming revenue more than doubled year-over-year in the first quarter of fiscal 2022 to $2.76 billion. AMD's computing and graphics segment, which also includes the sales of its Ryzen desktop and notebook processors, grew at a relatively slower pace of 46% year-over-year to $2.1 billion in Q1.\nJon Peddie Research estimates that the discrete GPU market could be worth $54 billion by 2025, compared to $23.6 billion last year. NVIDIA's dominant position should allow it to corner a substantial portion of that pie in the future, especially considering its moves to strengthen its position.\nAMD's resistance may not be enough\nAMD has been trying to put up a fight against NVIDIA, and it did show some progress last quarter, registering a quarter-over-quarter market share gain of one percentage point. However, AMD is now looking to raise its game with a new technology, the FidelityFX Super Resolution (FSR). This will compete with NVIDIA's deep learning super sampling (DLSS) image upscaling technology, which helps games look better and run smoother.\nAMD's internal tests claim that its new tech can help games run at 59% higher frame rates on ultra-quality settings. The chipmaker also claims that FSR could increase gaming performance by 2.5 times in certain titles using the performance setting. In addition, AMD says that FSR supports a wide range of hardware that includes more than 100 processors and graphics cards thanks to its open-source nature.\nFSR will launch on June 22, and it could give AMD a nice boost in the GPU market. However, only time will tell if the new technology will translate into sales for AMD, given that its rival's DLSS tech is already in its second generation.\nHowever, it is worth noting that NVIDIA is trying to cover as much of the GPU market as possible with new launches. The company recently released the RTX 3080 Ti and the RTX 3070 Ti GPUs, priced at $1,199 and $599, respectively. NVIDIA is giving users of older graphics cards a solid reason to upgrade with these cards. It claims that the RTX 3080 Ti is twice as fast as the older GTX 1080 Ti, while the RTX 3070 Ti delivers 1.5x the performance of the RTX 2070 Super.\nNVIDIA is also stepping up its game in the laptop market with the launch of entry-level graphics cards. The company now offers more than 140 laptop models powered by the RTX 30 cards across a wide range of prices. This puts NVIDIA in a solid position in the fast-growing gaming laptop market, which is expected to hit $15.6 billion in revenue by 2027, compared to $9 billion in 2019.\nAll of this indicates that NVIDIA's gaming business could sustain its terrific levels of growth for a long time to come, especially considering that a huge chunk of gamers have yet to upgrade to its latest cards.\nMeanwhile, the growth of AMD's gaming business is nowhere close to NVIDIA's, and the situation is unlikely to change given the latter's supremacy in this space. That's why investors looking to take advantage of the booming market for discrete graphics cards and add a top growth stock to their portfolios should choose NVIDIA. Gaming is its largest source of revenue, and this business could stay red-hot for a long time.","news_type":1,"symbols_score_info":{"NVDA":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":651,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839466121,"gmtCreate":1629174595463,"gmtModify":1633686810301,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562988560310363","authorIdStr":"3562988560310363"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a> buy this","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a> buy this","text":"$Alibaba(09988)$ buy this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/839466121","repostId":"1128183681","repostType":4,"repost":{"id":"1128183681","kind":"news","pubTimestamp":1629167604,"share":"https://www.laohu8.com/m/news/1128183681?lang=zh_CN&edition=full","pubTime":"2021-08-17 10:33","market":"us","language":"en","title":"3 Top E-Commerce Stocks to Buy in August<blockquote>8月份最值得买入的3只电子商务股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128183681","media":"Motley Fool","summary":"These three stocks are \"on sale\" after Q2 2021 earnings.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Etsy is becoming a \"house of brands\" with its recent acquisition of Elo7 and Depop.</li>  <li>Pinterest is reporting growth in all the right metrics, most notably mobile users and ARPU.</li>  <li>The market erased 30% of Wix's valuation even though it modestly downgraded its full-year outlook.</li> </ul> </p><p><blockquote><ul><li>Etsy最近收购了Elo7和Depop，正在成为“品牌之家”。</li><li>Pinterest报告了所有正确指标的增长，最明显的是移动用户和ARPU。</li><li>尽管Wix小幅下调了全年前景，但市场仍将其估值下调了30%。</li></ul></blockquote></p><p> As they start to lap the initial effects of the pandemic last spring, many smaller e-commerce stocks have been getting beaten up. 2020 was a banner year for digital businesses, and year-ago comparable financial figures have been tough, leading to a \"slowdown\" for many digital commerce companies' growth rates.</p><p><blockquote>去年春天，当许多规模较小的电子商务股票开始受到疫情的初步影响时，它们受到了重创。2020年对于数字企业来说是辉煌的一年，去年同期的可比财务数据一直很艰难，导致许多数字商务公司的增长率“放缓”。</blockquote></p><p> But that doesn't mean these companies should be relegated to \"pandemic stock\" status and forgotten going forward. While they may not be growing at the torrid pace they were before, they're still growing at double-digit percentages and compounding their long-term expansion track records.</p><p><blockquote>但这并不意味着这些公司应该被降级为“流行病股票”并被遗忘。虽然他们的增长速度可能没有以前那么快，但他们仍然以两位数的百分比增长，并巩固了他们的长期扩张记录。</blockquote></p><p> Three that look like great buys in August after Q2 2021 earnings updates are&nbsp;<b>Etsy</b>(NASDAQ:ETSY),<b>Pinterest</b>(NYSE:PINS), and&nbsp;<b>Wix.com</b>(NASDAQ:WIX).</p><p><blockquote>2021年第二季度收益更新后，8月份值得买入的三项股票是<b>Etsy</b>（纳斯达克：ETSY），<b>Pinterest</b>（纽约证券交易所代码：PINS），以及<b>Wix.com</b>（纳斯达克：WIX）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdf1598d84618dcc32cc77a570181b47\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>1. Etsy: Building on momentum to become a \"house of brands\"</b></p><p><blockquote><b>1.Etsy：蓄势成为“品牌之家”</b></blockquote></p><p> Etsy reported 23% year-over-year growth in revenue in Q2 2021 to $529 million, quite the slowdown from the triple-digit percentage pace the company was still notching just a quarter ago (though Etsy was still lapping pre-pandemic figures in Q1 before the massive surge in online spending). However, better illustrating Etsy's incredible momentum and compound growth, Q2 revenue was 192% higher than the same period in 2019.</p><p><blockquote>Etsy报告称，2021年第二季度收入同比增长23%，达到5.29亿美元，与该公司仅在一个季度前仍保持的三位数百分比速度相比大幅放缓（尽管Etsy仍在超越大流行前的数据）在线支出大幅激增之前的第一季度）。然而，更好地说明了Etsy令人难以置信的势头和复合增长，Q2收入比2019年同期增长了192%。</blockquote></p><p> Etsy is a highly profitable online marketplace these days. It generated a&nbsp;free cash flow&nbsp;of $261 million during the first half of this year, good for a free cash flow profit margin of 24%. The company is using its strength to double down on the unique and handmade items segment of the e-commerce industry. A couple of years ago, it acquired online music equipment selling platform Reverb to great success and is now going to try and&nbsp;duplicate the strategy&nbsp;with the purchase of Elo7 (the \"Etsy of Brazil\") and Depop (a luxury goods reseller popular with 20-somethings in the U.S., U.K., and Australia).</p><p><blockquote>如今，Etsy是一个利润丰厚的在线市场。今年上半年，该公司产生了2.61亿美元的自由现金流，自由现金流利润率为24%。该公司正在利用其优势，在电子商务行业的独特手工产品领域加倍下注。几年前，它收购了在线音乐设备销售平台Reverb，取得了巨大成功，现在它将尝试复制这一战略，收购Elo7（“巴西的Etsy”）和Depop（一家在美国、英国和澳大利亚深受20多岁年轻人欢迎的奢侈品经销商）。</blockquote></p><p> Given Etsy's strong position in its e-commerce niche and enduring growth (Q3 outlook is calling for about 13.5% year-over-year revenue growth, another slowdown that factors in the lapping of the online buying boom last summer), I like its move to build on its momentum in fashion and other vintage items. Elo7 and Depop will open the door to new customer acquisition opportunities, and the two companies are worthy uses of some of the nearly $2.6 billion in cash and investments the company had on its balance sheet at the end of June.</p><p><blockquote>鉴于Etsy在电子商务领域的强势地位和持久的增长（第三季度展望预计收入同比增长约13.5%，这是去年夏天在线购买热潮的另一个放缓因素），我喜欢它的举动巩固其在时尚和其他复古单品方面的势头。Elo7和Depop将为新的客户获取机会打开大门，这两家公司值得利用该公司截至6月底资产负债表上近26亿美元的现金和投资。</blockquote></p><p> Etsy's stock price is still more than 20% below the all-time highs reached early in 2021, and currently trades for 40 times trailing 12-month free cash flow. Given the massive opportunity it just created for itself with the purchase of Elo7 and Depop, this looks like a great long-term value right now.</p><p><blockquote>Etsy的股价仍比2021年初达到的历史高点低20%以上，目前的交易价格是过去12个月自由现金流的40倍。考虑到它刚刚通过购买Elo7和Depop为自己创造了巨大的机会，这现在看起来是一个巨大的长期价值。</blockquote></p><p> <b>2. Pinterest: Don't worry about a decline in users</b></p><p><blockquote><b>2.Pinterest：不用担心用户下滑</b></blockquote></p><p> A loss of users is bad news for an&nbsp;internet-based business model, and that's just what Pinterest reported in Q2. U.S. monthly average users (MAUs) fell 5% year over year to 91 million, although the global total rose 9% year over year to 454 million from an increase in international MAUs. Worse still, Pinterest said MAUs in the U.S. had fallen 9% in the month of July, leading to a global MAU slowdown to just up 5% year over year.</p><p><blockquote>对于基于互联网的商业模式来说，用户流失是个坏消息，这正是Pinterest在第二季度报告的情况。美国月平均用户(MAU)同比下降5%至9100万，但由于国际MAU的增加，全球总数同比增长9%至4.54亿。更糟糕的是，Pinterest表示，7月份美国的月活跃用户数下降了9%，导致全球月活跃用户数同比放缓至仅增长5%。</blockquote></p><p> As a result of these dismal-looking figures, the stock price cratered after the last earnings update, and it is sporting a year-to-date return of negative 14% as of this writing. But I say it's a great buying opportunity.</p><p><blockquote>由于这些令人沮丧的数据，该公司的股价在上次财报更新后暴跌，截至撰写本文时，该公司今年迄今的回报率为负14%。但我说这是一个很好的买入机会。</blockquote></p><p> There are a few reasons why. For one thing, management believes most of the MAU declines are due to the loss of less engaged and less profitable desktop computer users. Highly coveted mobile users -- which skew to younger demographics that spend tons of time on their mobile devices -- actually increased in the U.S. during Q2 and grew 20% year over year internationally.</p><p><blockquote>有几个原因。一方面，管理层认为MAU下降的大部分原因是参与度较低、利润较低的台式电脑用户的流失。令人垂涎的移动用户（偏向于在移动设备上花费大量时间的年轻人群）实际上在第二季度在美国有所增加，在国际上同比增长20%。</blockquote></p><p> Second, Pinterest's usefulness as a shopping tool is also on the rise. Merchant catalog uploads grew 50% from Q1 2021 to Q2 alone, benefiting from the company's integration with e-commerce software giant&nbsp;<b>Shopify</b>. As a result of this extra monetization of its user base, average revenue per user (ARPU) surged 89% year over year, including a 163% rise in international ARPU. And at just $0.36 of ARPU outside of the U.S., this metric is barely getting rolling for Pinterest.</p><p><blockquote>其次，Pinterest作为购物工具的有用性也在上升。仅从2021年第一季度到第二季度，商家目录上传量就增长了50%，这得益于公司与电子商务软件巨头的整合<b>Shopify</b>由于其用户群的额外货币化，每用户平均收入(ARPU)同比飙升89%，其中国际ARPU增长163%。美国以外的ARPU仅为0.36美元，这一指标在Pinterest几乎没有发挥作用。</blockquote></p><p></p><p> Pinterest's revenue also exploded 125% higher year over year in Q2 to $613 million, and the outlook calls for a low-40% increase in Q3. The stock trades for 96 times trailing 12-month free cash flow, but that's a long-term bargain considering how fast this company's bottom line is rising right now.</p><p><blockquote>Pinterest第二季度的收入也同比增长125%，达到6.13亿美元，预计第三季度将增长40%。该股的交易价格是过去12个月自由现金流的96倍，但考虑到该公司目前利润增长的速度，这是一个长期的讨价还价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed8e55d0762e8af662d63352d8ed96be\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"><span>DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCHARTS提供。</span></p></blockquote></p><p> <b>3. Wix: Delta variant uncertainty takes an unfair bite out of Wix</b></p><p><blockquote><b>3.Wix：德尔塔变异毒株的不确定性对Wix造成了不公平的影响</b></blockquote></p><p> Share prices of Wix took a dramatic turn for the worse after the company released its Q2 update. The stock fell more than 30% from its late-July levels and is now down 28% so far in 2021. All of this is in spite of the company reporting a 34% year-over-year increase in revenue to $316 million, $2 million more than the guidance it provided just a few months ago.</p><p><blockquote>Wix发布第二季度更新后，其股价急剧恶化。该股较7月底的水平下跌了30%以上，目前2021年迄今已下跌28%。尽管该公司报告收入同比增长34%，达到3.16亿美元，比几个月前提供的指导高出200万美元，但所有这些都发生了。</blockquote></p><p> What gives? Wix is blaming the delta variant of COVID-19 that is now spreading around the world. The uncertainty this has created for the global economy led management to downgrade its full-year 2021 forecast, reducing its revenue outlook by as much as $25 million to a range of $1.26 billion to $1.27 billion. Full-year free cash flow was also reduced down to a range of $35 million to $40 million (previously $62 million to $72 million) reflecting ongoing investments to promote long-term growth.</p><p><blockquote>什么给？Wix将其归咎于目前正在全球蔓延的新冠肺炎德尔塔变异毒株。这给全球经济带来的不确定性导致管理层下调了2021年全年预测，将收入前景下调了2500万美元，至12.6亿至12.7亿美元。全年自由现金流也减少至3500万美元至4000万美元（之前为6200万美元至7200万美元），反映了促进长期增长的持续投资。</blockquote></p><p> However, the renewed worry over the pandemic is creating a buying opportunity for this growth stock. Wix is a leader in no-code web development and is rolling out loads of new features to its platform. The latest, Branded App By Wix, allows users to easily create their own mobile-native applications. Given how incredibly important it is to engage with consumers via mobile devices these days, this is a huge feature drop for Wix. The strength of its offerings underscores why it's outgrowing even its small peers.<b>Squarespace</b>, for example, grew its Q2 revenue just 31% year over year to $196 million.</p><p><blockquote>然而，对疫情的新担忧正在为这只成长型股票创造买入机会。Wix是无代码web开发领域的领导者，正在为其平台推出大量新功能。Wix最新的品牌应用程序允许用户轻松创建自己的移动原生应用程序。鉴于如今通过移动设备与消费者互动是多么重要，这对Wix来说是一个巨大的功能下降。其产品的实力凸显了为什么它的增长甚至超过了小型同行。<b>Squarespace</b>例如，其第二季度收入同比仅增长31%，达到1.96亿美元。</blockquote></p><p> Wix trades for 113 times trailing 12-month free cash flow after Q2, a metric that could get worse through the second half of this year as the company spends heavily to foster its full long-term potential. But even factoring in the temporary reduction in profitability, this is&nbsp;as cheap as Wix stock has been this year, and the prospects for this leading web creation software firm are better than ever. I plan to buy more shares this month.</p><p><blockquote>第二季度之后，Wix的市盈率是过去12个月自由现金流的113倍，随着该公司投入巨资来培养其全部长期潜力，这一指标在今年下半年可能会变得更糟。但即使考虑到盈利能力的暂时下降，这也与Wix股票今年的价格一样便宜，而且这家领先的网络创建软件公司的前景比以往任何时候都好。我计划这个月购买更多股票。</blockquote></p><p></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>3 Top E-Commerce Stocks to Buy in August<blockquote>8月份最值得买入的3只电子商务股票</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n3 Top E-Commerce Stocks to Buy in August<blockquote>8月份最值得买入的3只电子商务股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-08-17 10:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Etsy is becoming a \"house of brands\" with its recent acquisition of Elo7 and Depop.</li>  <li>Pinterest is reporting growth in all the right metrics, most notably mobile users and ARPU.</li>  <li>The market erased 30% of Wix's valuation even though it modestly downgraded its full-year outlook.</li> </ul> </p><p><blockquote><ul><li>Etsy最近收购了Elo7和Depop，正在成为“品牌之家”。</li><li>Pinterest报告了所有正确指标的增长，最明显的是移动用户和ARPU。</li><li>尽管Wix小幅下调了全年前景，但市场仍将其估值下调了30%。</li></ul></blockquote></p><p> As they start to lap the initial effects of the pandemic last spring, many smaller e-commerce stocks have been getting beaten up. 2020 was a banner year for digital businesses, and year-ago comparable financial figures have been tough, leading to a \"slowdown\" for many digital commerce companies' growth rates.</p><p><blockquote>去年春天，当许多规模较小的电子商务股票开始受到疫情的初步影响时，它们受到了重创。2020年对于数字企业来说是辉煌的一年，去年同期的可比财务数据一直很艰难，导致许多数字商务公司的增长率“放缓”。</blockquote></p><p> But that doesn't mean these companies should be relegated to \"pandemic stock\" status and forgotten going forward. While they may not be growing at the torrid pace they were before, they're still growing at double-digit percentages and compounding their long-term expansion track records.</p><p><blockquote>但这并不意味着这些公司应该被降级为“流行病股票”并被遗忘。虽然他们的增长速度可能没有以前那么快，但他们仍然以两位数的百分比增长，并巩固了他们的长期扩张记录。</blockquote></p><p> Three that look like great buys in August after Q2 2021 earnings updates are&nbsp;<b>Etsy</b>(NASDAQ:ETSY),<b>Pinterest</b>(NYSE:PINS), and&nbsp;<b>Wix.com</b>(NASDAQ:WIX).</p><p><blockquote>2021年第二季度收益更新后，8月份值得买入的三项股票是<b>Etsy</b>（纳斯达克：ETSY），<b>Pinterest</b>（纽约证券交易所代码：PINS），以及<b>Wix.com</b>（纳斯达克：WIX）。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdf1598d84618dcc32cc77a570181b47\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>1. Etsy: Building on momentum to become a \"house of brands\"</b></p><p><blockquote><b>1.Etsy：蓄势成为“品牌之家”</b></blockquote></p><p> Etsy reported 23% year-over-year growth in revenue in Q2 2021 to $529 million, quite the slowdown from the triple-digit percentage pace the company was still notching just a quarter ago (though Etsy was still lapping pre-pandemic figures in Q1 before the massive surge in online spending). However, better illustrating Etsy's incredible momentum and compound growth, Q2 revenue was 192% higher than the same period in 2019.</p><p><blockquote>Etsy报告称，2021年第二季度收入同比增长23%，达到5.29亿美元，与该公司仅在一个季度前仍保持的三位数百分比速度相比大幅放缓（尽管Etsy仍在超越大流行前的数据）在线支出大幅激增之前的第一季度）。然而，更好地说明了Etsy令人难以置信的势头和复合增长，Q2收入比2019年同期增长了192%。</blockquote></p><p> Etsy is a highly profitable online marketplace these days. It generated a&nbsp;free cash flow&nbsp;of $261 million during the first half of this year, good for a free cash flow profit margin of 24%. The company is using its strength to double down on the unique and handmade items segment of the e-commerce industry. A couple of years ago, it acquired online music equipment selling platform Reverb to great success and is now going to try and&nbsp;duplicate the strategy&nbsp;with the purchase of Elo7 (the \"Etsy of Brazil\") and Depop (a luxury goods reseller popular with 20-somethings in the U.S., U.K., and Australia).</p><p><blockquote>如今，Etsy是一个利润丰厚的在线市场。今年上半年，该公司产生了2.61亿美元的自由现金流，自由现金流利润率为24%。该公司正在利用其优势，在电子商务行业的独特手工产品领域加倍下注。几年前，它收购了在线音乐设备销售平台Reverb，取得了巨大成功，现在它将尝试复制这一战略，收购Elo7（“巴西的Etsy”）和Depop（一家在美国、英国和澳大利亚深受20多岁年轻人欢迎的奢侈品经销商）。</blockquote></p><p> Given Etsy's strong position in its e-commerce niche and enduring growth (Q3 outlook is calling for about 13.5% year-over-year revenue growth, another slowdown that factors in the lapping of the online buying boom last summer), I like its move to build on its momentum in fashion and other vintage items. Elo7 and Depop will open the door to new customer acquisition opportunities, and the two companies are worthy uses of some of the nearly $2.6 billion in cash and investments the company had on its balance sheet at the end of June.</p><p><blockquote>鉴于Etsy在电子商务领域的强势地位和持久的增长（第三季度展望预计收入同比增长约13.5%，这是去年夏天在线购买热潮的另一个放缓因素），我喜欢它的举动巩固其在时尚和其他复古单品方面的势头。Elo7和Depop将为新的客户获取机会打开大门，这两家公司值得利用该公司截至6月底资产负债表上近26亿美元的现金和投资。</blockquote></p><p> Etsy's stock price is still more than 20% below the all-time highs reached early in 2021, and currently trades for 40 times trailing 12-month free cash flow. Given the massive opportunity it just created for itself with the purchase of Elo7 and Depop, this looks like a great long-term value right now.</p><p><blockquote>Etsy的股价仍比2021年初达到的历史高点低20%以上，目前的交易价格是过去12个月自由现金流的40倍。考虑到它刚刚通过购买Elo7和Depop为自己创造了巨大的机会，这现在看起来是一个巨大的长期价值。</blockquote></p><p> <b>2. Pinterest: Don't worry about a decline in users</b></p><p><blockquote><b>2.Pinterest：不用担心用户下滑</b></blockquote></p><p> A loss of users is bad news for an&nbsp;internet-based business model, and that's just what Pinterest reported in Q2. U.S. monthly average users (MAUs) fell 5% year over year to 91 million, although the global total rose 9% year over year to 454 million from an increase in international MAUs. Worse still, Pinterest said MAUs in the U.S. had fallen 9% in the month of July, leading to a global MAU slowdown to just up 5% year over year.</p><p><blockquote>对于基于互联网的商业模式来说，用户流失是个坏消息，这正是Pinterest在第二季度报告的情况。美国月平均用户(MAU)同比下降5%至9100万，但由于国际MAU的增加，全球总数同比增长9%至4.54亿。更糟糕的是，Pinterest表示，7月份美国的月活跃用户数下降了9%，导致全球月活跃用户数同比放缓至仅增长5%。</blockquote></p><p> As a result of these dismal-looking figures, the stock price cratered after the last earnings update, and it is sporting a year-to-date return of negative 14% as of this writing. But I say it's a great buying opportunity.</p><p><blockquote>由于这些令人沮丧的数据，该公司的股价在上次财报更新后暴跌，截至撰写本文时，该公司今年迄今的回报率为负14%。但我说这是一个很好的买入机会。</blockquote></p><p> There are a few reasons why. For one thing, management believes most of the MAU declines are due to the loss of less engaged and less profitable desktop computer users. Highly coveted mobile users -- which skew to younger demographics that spend tons of time on their mobile devices -- actually increased in the U.S. during Q2 and grew 20% year over year internationally.</p><p><blockquote>有几个原因。一方面，管理层认为MAU下降的大部分原因是参与度较低、利润较低的台式电脑用户的流失。令人垂涎的移动用户（偏向于在移动设备上花费大量时间的年轻人群）实际上在第二季度在美国有所增加，在国际上同比增长20%。</blockquote></p><p> Second, Pinterest's usefulness as a shopping tool is also on the rise. Merchant catalog uploads grew 50% from Q1 2021 to Q2 alone, benefiting from the company's integration with e-commerce software giant&nbsp;<b>Shopify</b>. As a result of this extra monetization of its user base, average revenue per user (ARPU) surged 89% year over year, including a 163% rise in international ARPU. And at just $0.36 of ARPU outside of the U.S., this metric is barely getting rolling for Pinterest.</p><p><blockquote>其次，Pinterest作为购物工具的有用性也在上升。仅从2021年第一季度到第二季度，商家目录上传量就增长了50%，这得益于公司与电子商务软件巨头的整合<b>Shopify</b>由于其用户群的额外货币化，每用户平均收入(ARPU)同比飙升89%，其中国际ARPU增长163%。美国以外的ARPU仅为0.36美元，这一指标在Pinterest几乎没有发挥作用。</blockquote></p><p></p><p> Pinterest's revenue also exploded 125% higher year over year in Q2 to $613 million, and the outlook calls for a low-40% increase in Q3. The stock trades for 96 times trailing 12-month free cash flow, but that's a long-term bargain considering how fast this company's bottom line is rising right now.</p><p><blockquote>Pinterest第二季度的收入也同比增长125%，达到6.13亿美元，预计第三季度将增长40%。该股的交易价格是过去12个月自由现金流的96倍，但考虑到该公司目前利润增长的速度，这是一个长期的讨价还价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed8e55d0762e8af662d63352d8ed96be\" tg-width=\"720\" tg-height=\"463\" width=\"100%\" height=\"auto\"><span>DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCHARTS提供。</span></p></blockquote></p><p> <b>3. Wix: Delta variant uncertainty takes an unfair bite out of Wix</b></p><p><blockquote><b>3.Wix：德尔塔变异毒株的不确定性对Wix造成了不公平的影响</b></blockquote></p><p> Share prices of Wix took a dramatic turn for the worse after the company released its Q2 update. The stock fell more than 30% from its late-July levels and is now down 28% so far in 2021. All of this is in spite of the company reporting a 34% year-over-year increase in revenue to $316 million, $2 million more than the guidance it provided just a few months ago.</p><p><blockquote>Wix发布第二季度更新后，其股价急剧恶化。该股较7月底的水平下跌了30%以上，目前2021年迄今已下跌28%。尽管该公司报告收入同比增长34%，达到3.16亿美元，比几个月前提供的指导高出200万美元，但所有这些都发生了。</blockquote></p><p> What gives? Wix is blaming the delta variant of COVID-19 that is now spreading around the world. The uncertainty this has created for the global economy led management to downgrade its full-year 2021 forecast, reducing its revenue outlook by as much as $25 million to a range of $1.26 billion to $1.27 billion. Full-year free cash flow was also reduced down to a range of $35 million to $40 million (previously $62 million to $72 million) reflecting ongoing investments to promote long-term growth.</p><p><blockquote>什么给？Wix将其归咎于目前正在全球蔓延的新冠肺炎德尔塔变异毒株。这给全球经济带来的不确定性导致管理层下调了2021年全年预测，将收入前景下调了2500万美元，至12.6亿至12.7亿美元。全年自由现金流也减少至3500万美元至4000万美元（之前为6200万美元至7200万美元），反映了促进长期增长的持续投资。</blockquote></p><p> However, the renewed worry over the pandemic is creating a buying opportunity for this growth stock. Wix is a leader in no-code web development and is rolling out loads of new features to its platform. The latest, Branded App By Wix, allows users to easily create their own mobile-native applications. Given how incredibly important it is to engage with consumers via mobile devices these days, this is a huge feature drop for Wix. The strength of its offerings underscores why it's outgrowing even its small peers.<b>Squarespace</b>, for example, grew its Q2 revenue just 31% year over year to $196 million.</p><p><blockquote>然而，对疫情的新担忧正在为这只成长型股票创造买入机会。Wix是无代码web开发领域的领导者，正在为其平台推出大量新功能。Wix最新的品牌应用程序允许用户轻松创建自己的移动原生应用程序。鉴于如今通过移动设备与消费者互动是多么重要，这对Wix来说是一个巨大的功能下降。其产品的实力凸显了为什么它的增长甚至超过了小型同行。<b>Squarespace</b>例如，其第二季度收入同比仅增长31%，达到1.96亿美元。</blockquote></p><p> Wix trades for 113 times trailing 12-month free cash flow after Q2, a metric that could get worse through the second half of this year as the company spends heavily to foster its full long-term potential. But even factoring in the temporary reduction in profitability, this is&nbsp;as cheap as Wix stock has been this year, and the prospects for this leading web creation software firm are better than ever. I plan to buy more shares this month.</p><p><blockquote>第二季度之后，Wix的市盈率是过去12个月自由现金流的113倍，随着该公司投入巨资来培养其全部长期潜力，这一指标在今年下半年可能会变得更糟。但即使考虑到盈利能力的暂时下降，这也与Wix股票今年的价格一样便宜，而且这家领先的网络创建软件公司的前景比以往任何时候都好。我计划这个月购买更多股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/08/16/3-top-e-commerce-stocks-to-buy-in-august/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","ETSY":"Etsy, Inc.","WIX":"Wix.Com Ltd"},"source_url":"https://www.fool.com/investing/2021/08/16/3-top-e-commerce-stocks-to-buy-in-august/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128183681","content_text":"Key Points\n\nEtsy is becoming a \"house of brands\" with its recent acquisition of Elo7 and Depop.\nPinterest is reporting growth in all the right metrics, most notably mobile users and ARPU.\nThe market erased 30% of Wix's valuation even though it modestly downgraded its full-year outlook.\n\n\nAs they start to lap the initial effects of the pandemic last spring, many smaller e-commerce stocks have been getting beaten up. 2020 was a banner year for digital businesses, and year-ago comparable financial figures have been tough, leading to a \"slowdown\" for many digital commerce companies' growth rates.\nBut that doesn't mean these companies should be relegated to \"pandemic stock\" status and forgotten going forward. While they may not be growing at the torrid pace they were before, they're still growing at double-digit percentages and compounding their long-term expansion track records.\nThree that look like great buys in August after Q2 2021 earnings updates are Etsy(NASDAQ:ETSY),Pinterest(NYSE:PINS), and Wix.com(NASDAQ:WIX).\nIMAGE SOURCE: GETTY IMAGES.\n1. Etsy: Building on momentum to become a \"house of brands\"\nEtsy reported 23% year-over-year growth in revenue in Q2 2021 to $529 million, quite the slowdown from the triple-digit percentage pace the company was still notching just a quarter ago (though Etsy was still lapping pre-pandemic figures in Q1 before the massive surge in online spending). However, better illustrating Etsy's incredible momentum and compound growth, Q2 revenue was 192% higher than the same period in 2019.\nEtsy is a highly profitable online marketplace these days. It generated a free cash flow of $261 million during the first half of this year, good for a free cash flow profit margin of 24%. The company is using its strength to double down on the unique and handmade items segment of the e-commerce industry. A couple of years ago, it acquired online music equipment selling platform Reverb to great success and is now going to try and duplicate the strategy with the purchase of Elo7 (the \"Etsy of Brazil\") and Depop (a luxury goods reseller popular with 20-somethings in the U.S., U.K., and Australia).\nGiven Etsy's strong position in its e-commerce niche and enduring growth (Q3 outlook is calling for about 13.5% year-over-year revenue growth, another slowdown that factors in the lapping of the online buying boom last summer), I like its move to build on its momentum in fashion and other vintage items. Elo7 and Depop will open the door to new customer acquisition opportunities, and the two companies are worthy uses of some of the nearly $2.6 billion in cash and investments the company had on its balance sheet at the end of June.\nEtsy's stock price is still more than 20% below the all-time highs reached early in 2021, and currently trades for 40 times trailing 12-month free cash flow. Given the massive opportunity it just created for itself with the purchase of Elo7 and Depop, this looks like a great long-term value right now.\n2. Pinterest: Don't worry about a decline in users\nA loss of users is bad news for an internet-based business model, and that's just what Pinterest reported in Q2. U.S. monthly average users (MAUs) fell 5% year over year to 91 million, although the global total rose 9% year over year to 454 million from an increase in international MAUs. Worse still, Pinterest said MAUs in the U.S. had fallen 9% in the month of July, leading to a global MAU slowdown to just up 5% year over year.\nAs a result of these dismal-looking figures, the stock price cratered after the last earnings update, and it is sporting a year-to-date return of negative 14% as of this writing. But I say it's a great buying opportunity.\nThere are a few reasons why. For one thing, management believes most of the MAU declines are due to the loss of less engaged and less profitable desktop computer users. Highly coveted mobile users -- which skew to younger demographics that spend tons of time on their mobile devices -- actually increased in the U.S. during Q2 and grew 20% year over year internationally.\nSecond, Pinterest's usefulness as a shopping tool is also on the rise. Merchant catalog uploads grew 50% from Q1 2021 to Q2 alone, benefiting from the company's integration with e-commerce software giant Shopify. As a result of this extra monetization of its user base, average revenue per user (ARPU) surged 89% year over year, including a 163% rise in international ARPU. And at just $0.36 of ARPU outside of the U.S., this metric is barely getting rolling for Pinterest.\nPinterest's revenue also exploded 125% higher year over year in Q2 to $613 million, and the outlook calls for a low-40% increase in Q3. The stock trades for 96 times trailing 12-month free cash flow, but that's a long-term bargain considering how fast this company's bottom line is rising right now.\nDATA BY YCHARTS.\n3. Wix: Delta variant uncertainty takes an unfair bite out of Wix\nShare prices of Wix took a dramatic turn for the worse after the company released its Q2 update. The stock fell more than 30% from its late-July levels and is now down 28% so far in 2021. All of this is in spite of the company reporting a 34% year-over-year increase in revenue to $316 million, $2 million more than the guidance it provided just a few months ago.\nWhat gives? Wix is blaming the delta variant of COVID-19 that is now spreading around the world. The uncertainty this has created for the global economy led management to downgrade its full-year 2021 forecast, reducing its revenue outlook by as much as $25 million to a range of $1.26 billion to $1.27 billion. Full-year free cash flow was also reduced down to a range of $35 million to $40 million (previously $62 million to $72 million) reflecting ongoing investments to promote long-term growth.\nHowever, the renewed worry over the pandemic is creating a buying opportunity for this growth stock. Wix is a leader in no-code web development and is rolling out loads of new features to its platform. The latest, Branded App By Wix, allows users to easily create their own mobile-native applications. Given how incredibly important it is to engage with consumers via mobile devices these days, this is a huge feature drop for Wix. The strength of its offerings underscores why it's outgrowing even its small peers.Squarespace, for example, grew its Q2 revenue just 31% year over year to $196 million.\nWix trades for 113 times trailing 12-month free cash flow after Q2, a metric that could get worse through the second half of this year as the company spends heavily to foster its full long-term potential. But even factoring in the temporary reduction in profitability, this is as cheap as Wix stock has been this year, and the prospects for this leading web creation software firm are better than ever. I plan to buy more shares this month.","news_type":1,"symbols_score_info":{"PINS":0.9,"WIX":0.9,"ETSY":0.9}},"isVote":1,"tweetType":1,"viewCount":800,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156911532,"gmtCreate":1625189944826,"gmtModify":1633942726258,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562988560310363","authorIdStr":"3562988560310363"},"themes":[],"htmlText":"Like comment pls","listText":"Like comment pls","text":"Like comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/156911532","repostId":"1175817125","repostType":4,"repost":{"id":"1175817125","kind":"news","pubTimestamp":1625180880,"share":"https://www.laohu8.com/m/news/1175817125?lang=zh_CN&edition=full","pubTime":"2021-07-02 07:08","market":"us","language":"en","title":"S&P 500 winning streak extends to sixth straight record close<blockquote>标普500连胜纪录延续至六连胜纪录收盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1175817125","media":"Reuters","summary":"NEW YORK  - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.Investors now eye Friday’s much-anticipated employment report.The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.“Historical data shows if you have a strong first half, the second half of the year was ac","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.</p><p><blockquote>路透纽约4月5日电——标普500周四连续第六次创下历史收盘新高，新的季度和下半年以乐观的经济数据和广泛的反弹开始。</blockquote></p><p> Investors now eye Friday’s much-anticipated employment report.</p><p><blockquote>投资者现在关注周五备受期待的就业报告。</blockquote></p><p> The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.</p><p><blockquote>该领头羊指数正在享受自2月初以来最长的连涨，上一次连续六次创下历史新高是在去年8月。</blockquote></p><p> “Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.</p><p><blockquote>Baird Private Wealth投资策略分析师罗斯·梅菲尔德(Ross Mayfield)表示：“历史数据显示，如果上半年表现强劲，那么下半年实际上会更加强劲。”</blockquote></p><p> All three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.</p><p><blockquote>美国三大股指均收涨，但以微芯片为首的科技股下跌削弱了纳斯达克的涨幅。</blockquote></p><p> The Philadelphia SE Semiconductor index slid 1.5%</p><p><blockquote>费城SE半导体指数下跌1.5%</blockquote></p><p> “For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”</p><p><blockquote>纽约Lenox Wealth Advisors首席投资官David Carter表示：“对于今年迄今为止的市场来说，无聊是美好的。”“经济增长强劲，足以支撑价格，许多资产类别的交易波动性处于历史低位。”</blockquote></p><p> “It feels like investors left for the Fourth of July weekend about three months ago.”</p><p><blockquote>“感觉投资者大约三个月前就离开了7月4日周末。”</blockquote></p><p> The ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.</p><p><blockquote>由于联邦紧急失业救济金、儿童保育短缺和挥之不去的大流行担忧，持续的工人短缺是当天经济数据中的一个共同主题。</blockquote></p><p> Jobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray &amp; Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.</p><p><blockquote>根据劳工部的数据，初请失业金人数继续下降，达到大流行关闭以来的最低水平，Challenger，Gray&amp;Christmas的一份报告显示，美国企业的计划裁员人数比去年下降了88%，创下21年来的新低。</blockquote></p><p> Activity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.</p><p><blockquote>根据美国供应管理协会(ISM)的采购经理人指数(PMI)，6月份美国工厂活动扩张速度略有放缓，其中就业部分自11月份以来首次陷入收缩。根据ISM的数据，在当前供需失衡的推动下，支付价格指数飙升至1979年以来的最高水平。</blockquote></p><p> “The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.</p><p><blockquote>卡特补充道：“今天公布的就业和制造业数据支持了持续增长但增速放缓的观点。”</blockquote></p><p> Friday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.</p><p><blockquote>周五备受期待的就业报告预计将显示就业人数增加70万，失业率小幅下降至5.7%。强劲的上行意外可能会导致美联储调整缩减证券购买和提高关键利率的时间表。</blockquote></p><p> “Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”</p><p><blockquote>卡特表示：“如果过于强劲的经济数据导致美联储加息速度快于预期，那么对市场来说可能是一件坏事。”“疲软的就业数据实际上可能会受到欢迎。”</blockquote></p><p> The Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&amp;P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.</p><p><blockquote>道琼斯工业平均指数上涨131.02点，涨幅0.38%，至34,633.53点；标普500上涨22.44点，涨幅0.52%，至4,319.94点；纳斯达克综合指数上涨18.42点，涨幅0.13%，至14,522.38点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, consumer staples was the sole loser, shedding 0.3%.</p><p><blockquote>在标普500的11个主要板块中，必需消费品是唯一的跌幅，下跌0.3%。</blockquote></p><p> Walgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.</p><p><blockquote>沃尔格林博姿联盟公司(Walgreens Boots Alliance Inc)表示预计第四季度将减少COVID-19疫苗注射量，股价下跌7.4%。</blockquote></p><p> Didi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.</p><p><blockquote>滴滴出行在美国上市第二天上涨16.0%。</blockquote></p><p> Micron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.</p><p><blockquote>有报道称德州仪器(Texas Instruments)将以9亿美元收购美光科技(Micron Technology Inc)位于犹他州利希(Lehi)的工厂，该公司股价下跌5.7%。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.78比1；在纳斯达克，1.32比1的比率有利于上涨者。</blockquote></p><p> The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.</p><p><blockquote>标普500创下36个52周新高，无新低；纳斯达克综合指数录得78个新高和30个新低。</blockquote></p><p> Volume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为95.3亿股，而过去20个交易日的平均成交量为109亿股。</blockquote></p><p></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>S&P 500 winning streak extends to sixth straight record close<blockquote>标普500连胜纪录延续至六连胜纪录收盘</blockquote></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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\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\">\nS&P 500 winning streak extends to sixth straight record close<blockquote>标普500连胜纪录延续至六连胜纪录收盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-07-02 07:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - The S&amp;P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.</p><p><blockquote>路透纽约4月5日电——标普500周四连续第六次创下历史收盘新高，新的季度和下半年以乐观的经济数据和广泛的反弹开始。</blockquote></p><p> Investors now eye Friday’s much-anticipated employment report.</p><p><blockquote>投资者现在关注周五备受期待的就业报告。</blockquote></p><p> The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.</p><p><blockquote>该领头羊指数正在享受自2月初以来最长的连涨，上一次连续六次创下历史新高是在去年8月。</blockquote></p><p> “Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.</p><p><blockquote>Baird Private Wealth投资策略分析师罗斯·梅菲尔德(Ross Mayfield)表示：“历史数据显示，如果上半年表现强劲，那么下半年实际上会更加强劲。”</blockquote></p><p> All three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.</p><p><blockquote>美国三大股指均收涨，但以微芯片为首的科技股下跌削弱了纳斯达克的涨幅。</blockquote></p><p> The Philadelphia SE Semiconductor index slid 1.5%</p><p><blockquote>费城SE半导体指数下跌1.5%</blockquote></p><p> “For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”</p><p><blockquote>纽约Lenox Wealth Advisors首席投资官David Carter表示：“对于今年迄今为止的市场来说，无聊是美好的。”“经济增长强劲，足以支撑价格，许多资产类别的交易波动性处于历史低位。”</blockquote></p><p> “It feels like investors left for the Fourth of July weekend about three months ago.”</p><p><blockquote>“感觉投资者大约三个月前就离开了7月4日周末。”</blockquote></p><p> The ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.</p><p><blockquote>由于联邦紧急失业救济金、儿童保育短缺和挥之不去的大流行担忧，持续的工人短缺是当天经济数据中的一个共同主题。</blockquote></p><p> Jobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray &amp; Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.</p><p><blockquote>根据劳工部的数据，初请失业金人数继续下降，达到大流行关闭以来的最低水平，Challenger，Gray&amp;Christmas的一份报告显示，美国企业的计划裁员人数比去年下降了88%，创下21年来的新低。</blockquote></p><p> Activity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.</p><p><blockquote>根据美国供应管理协会(ISM)的采购经理人指数(PMI)，6月份美国工厂活动扩张速度略有放缓，其中就业部分自11月份以来首次陷入收缩。根据ISM的数据，在当前供需失衡的推动下，支付价格指数飙升至1979年以来的最高水平。</blockquote></p><p> “The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.</p><p><blockquote>卡特补充道：“今天公布的就业和制造业数据支持了持续增长但增速放缓的观点。”</blockquote></p><p> Friday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.</p><p><blockquote>周五备受期待的就业报告预计将显示就业人数增加70万，失业率小幅下降至5.7%。强劲的上行意外可能会导致美联储调整缩减证券购买和提高关键利率的时间表。</blockquote></p><p> “Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”</p><p><blockquote>卡特表示：“如果过于强劲的经济数据导致美联储加息速度快于预期，那么对市场来说可能是一件坏事。”“疲软的就业数据实际上可能会受到欢迎。”</blockquote></p><p> The Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&amp;P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.</p><p><blockquote>道琼斯工业平均指数上涨131.02点，涨幅0.38%，至34,633.53点；标普500上涨22.44点，涨幅0.52%，至4,319.94点；纳斯达克综合指数上涨18.42点，涨幅0.13%，至14,522.38点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, consumer staples was the sole loser, shedding 0.3%.</p><p><blockquote>在标普500的11个主要板块中，必需消费品是唯一的跌幅，下跌0.3%。</blockquote></p><p> Walgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.</p><p><blockquote>沃尔格林博姿联盟公司(Walgreens Boots Alliance Inc)表示预计第四季度将减少COVID-19疫苗注射量，股价下跌7.4%。</blockquote></p><p> Didi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.</p><p><blockquote>滴滴出行在美国上市第二天上涨16.0%。</blockquote></p><p> Micron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.</p><p><blockquote>有报道称德州仪器(Texas Instruments)将以9亿美元收购美光科技(Micron Technology Inc)位于犹他州利希(Lehi)的工厂，该公司股价下跌5.7%。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.78比1；在纳斯达克，1.32比1的比率有利于上涨者。</blockquote></p><p> The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.</p><p><blockquote>标普500创下36个52周新高，无新低；纳斯达克综合指数录得78个新高和30个新低。</blockquote></p><p> Volume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为95.3亿股，而过去20个交易日的平均成交量为109亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\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.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175817125","content_text":"NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.\nInvestors now eye Friday’s much-anticipated employment report.\nThe bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.\n“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.\nAll three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.\nThe Philadelphia SE Semiconductor index slid 1.5%\n“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”\n“It feels like investors left for the Fourth of July weekend about three months ago.”\nThe ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.\nJobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray & Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.\nActivity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.\n“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.\nFriday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.\n“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”\nThe Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.\nOf the 11 major sectors in the S&P 500, consumer staples was the sole loser, shedding 0.3%.\nWalgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.\nDidi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.\nMicron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.\nThe S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.\nVolume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127813813,"gmtCreate":1624842884732,"gmtModify":1633948147230,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562988560310363","authorIdStr":"3562988560310363"},"themes":[],"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/127813813","repostId":"2146400029","repostType":4,"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124854550,"gmtCreate":1624759686770,"gmtModify":1633949006387,"author":{"id":"3562988560310363","authorId":"3562988560310363","name":"Traderabbit","avatar":"https://static.tigerbbs.com/9ed3b5df201637902c9422f72baa96d2","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562988560310363","authorIdStr":"3562988560310363"},"themes":[],"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/124854550","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","kind":"news","pubTimestamp":1624754401,"share":"https://www.laohu8.com/m/news/1137119316?lang=zh_CN&edition=full","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在加深对福特和蔚来增长潜力的了解，同时突出市场地位和机会的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock来自Getty Images</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临多一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后做出最终裁决。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特vs蔚来：全球电动车市场争夺战升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司将在快速增长的全球电动汽车市场上展开正面交锋。福特的车队尚未专注于电动汽车，但这种情况将会改变：感觉到电动汽车竞赛正在升温，福特表示正在加速其电气化计划，到2025年投资300B美元用于其电动汽车制造能力。福特之前的资本计划要求对零排放汽车投资220亿美元。福特还设定了一个雄心勃勃的销售目标：未来十年内其全球销量的40%将是电动汽车，皮卡销量的33%将是电动汽车。如今，电动汽车销量仅占福特销量的1%。随着福特逐步淘汰内燃机，它将在2040年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020年，中国购买了全球41%的电动汽车。中国买家去年购买了130万辆电动汽车，随着北京寻求提高电动汽车的采用率，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是世界上插电式电动汽车的第三大市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>迄今为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速赶上，部分原因是立法努力增加零排放乘用车的采用，以及对全欧洲充电站网络的大量投资。蔚来即将进入欧洲市场，以期在竞争准备就绪之前扩大在全球第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>北京是蔚来汽车行业电气化背后的驱动力：政府希望到2025年电动汽车在新车销售中的份额达到20%，这将推动电动汽车在国内市场的渗透率。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场有望出现全球最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，中国的电动汽车销量将超过世界上所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长以及更有利的监管框架，因此中国的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有一个世纪的制造经验。但到目前为止，福特的产品线中只有一款全电动汽车可以与蔚来相媲美：野马Mach-E SUV。2022年，福特将开始销售全电动F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来仅专注于生产电动汽车，并且占据了非常小且明确的利基市场，因此这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商所希望的更快的速度提高电动汽车产量。这使得福特不仅在美国成为特斯拉(TSLA)的有力竞争对手，而且在国外也成为蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议在其车队电气化上投入300B美元，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化和BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在一个竞争只会随着时间的推移而变得更加激烈的市场中的重要性，这就是为什么两家公司都在一个可以打破或巩固电动汽车市场主导地位的相关领域：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司SK Innovation组建一家合资企业，以确保牵引电池单元和阵列模块的供应。该合资企业旨在加速电池交付，每年将生产约60 GWh，足以满足福特到2030年预计年度能源需求的25%。蔚来也在投资电池技术，并成立了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特的不同之处在于，蔚来的电池投资策略围绕电池订阅模式，也称为“电池即服务”，这为这家中国汽车制造商创造了强大的长期收入机会。在这种“BaaS”模式下，购买蔚来电动汽车的用户可以获得7万元人民币的初始折扣，相当于1.08万美元，并且可以签约包月租用可充电的70 kWh电池。然后可以在蔚来的一个电池交换站更换电池，该站遍布中国大多数大城市。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于预付折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和更好的性能随着时间的推移。将电池成本与汽车价格脱钩为蔚来创造了一个全新的订阅收入来源。“BaaS”订阅的收入可用于增加蔚来充电/更换站网络的密度。电池订阅模式还将客户与蔚来绑定在一起，有可能增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>福特和蔚来准备从电动汽车电池成本下降中受益，因为它们增加了资本配置。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这将推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车与内燃机乘用车相比更具竞争力。但由于蔚来明确围绕电池订阅构建其商业模式的一部分，蔚来可能比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德(Schroders)提供的信息，自2014年以来，电动汽车的电池成本已下降70%，并且在本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS”模式非常天才，从长远来看，它可能会发展成为蔚来每年5亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特5月份销量同比增长4.1%，但电动汽车销量（包括混合动力汽车）同比飙升184%，福特5月份售出创纪录的10,364辆电动汽车/混合动力汽车。Escape electrified销量和Explorer Hybrid销量同比增长125%和132%，显示出强劲的客户接受度。蔚来上个月交付了6,711辆汽车，其中包括3,017辆ES6、1,412辆ES8和2,282辆EC6。5月份总交付量同比增长率为95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销量是蔚来的54倍，这为蔚来创造了更多的销售增长和价值重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来的估值差异就像白天和黑夜的区别。这是因为尽管电动汽车类别出现爆炸性增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量将实现中低位数增长。预计到2025财年（基准年：2020财年），福特的收入将增长33%，蔚来的收入将增长808%！</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于这些销量增长的差异，蔚来与福特完全相反，至少就估值而言。这家中国电动汽车制造商预计今年的销量和交付量将增长接近100%，由于蔚来只经营电动汽车，蔚来的市值与销售额比率远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来风险更大……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。蔚来的全球总销量增长潜力更大，因为与福特相比，它的收入基础较小。但也有一些事情对蔚来不利。例如，对于蔚来来说，由于生产缺陷而导致的召回将是一个比福特更大的挑战，福特可以依赖全球服务和分销网络。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓将对财务状况造成更大的影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>终审判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更“性感”的汽车制造商。中欧的强劲采用和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，这是天才之举。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着汽车制造商对其车队进行电气化，电动汽车销量的比例将会增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果您相信全球电动汽车市场的潜力并且不喜欢太多风险，请购买福特。</blockquote></p><p></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>Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nFord Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-27 08:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在加深对福特和蔚来增长潜力的了解，同时突出市场地位和机会的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock来自Getty Images</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临多一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后做出最终裁决。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特vs蔚来：全球电动车市场争夺战升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司将在快速增长的全球电动汽车市场上展开正面交锋。福特的车队尚未专注于电动汽车，但这种情况将会改变：感觉到电动汽车竞赛正在升温，福特表示正在加速其电气化计划，到2025年投资300B美元用于其电动汽车制造能力。福特之前的资本计划要求对零排放汽车投资220亿美元。福特还设定了一个雄心勃勃的销售目标：未来十年内其全球销量的40%将是电动汽车，皮卡销量的33%将是电动汽车。如今，电动汽车销量仅占福特销量的1%。随着福特逐步淘汰内燃机，它将在2040年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020年，中国购买了全球41%的电动汽车。中国买家去年购买了130万辆电动汽车，随着北京寻求提高电动汽车的采用率，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是世界上插电式电动汽车的第三大市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>迄今为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速赶上，部分原因是立法努力增加零排放乘用车的采用，以及对全欧洲充电站网络的大量投资。蔚来即将进入欧洲市场，以期在竞争准备就绪之前扩大在全球第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>北京是蔚来汽车行业电气化背后的驱动力：政府希望到2025年电动汽车在新车销售中的份额达到20%，这将推动电动汽车在国内市场的渗透率。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场有望出现全球最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，中国的电动汽车销量将超过世界上所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长以及更有利的监管框架，因此中国的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有一个世纪的制造经验。但到目前为止，福特的产品线中只有一款全电动汽车可以与蔚来相媲美：野马Mach-E SUV。2022年，福特将开始销售全电动F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来仅专注于生产电动汽车，并且占据了非常小且明确的利基市场，因此这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商所希望的更快的速度提高电动汽车产量。这使得福特不仅在美国成为特斯拉(TSLA)的有力竞争对手，而且在国外也成为蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议在其车队电气化上投入300B美元，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化和BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在一个竞争只会随着时间的推移而变得更加激烈的市场中的重要性，这就是为什么两家公司都在一个可以打破或巩固电动汽车市场主导地位的相关领域：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司SK Innovation组建一家合资企业，以确保牵引电池单元和阵列模块的供应。该合资企业旨在加速电池交付，每年将生产约60 GWh，足以满足福特到2030年预计年度能源需求的25%。蔚来也在投资电池技术，并成立了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特的不同之处在于，蔚来的电池投资策略围绕电池订阅模式，也称为“电池即服务”，这为这家中国汽车制造商创造了强大的长期收入机会。在这种“BaaS”模式下，购买蔚来电动汽车的用户可以获得7万元人民币的初始折扣，相当于1.08万美元，并且可以签约包月租用可充电的70 kWh电池。然后可以在蔚来的一个电池交换站更换电池，该站遍布中国大多数大城市。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于预付折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和更好的性能随着时间的推移。将电池成本与汽车价格脱钩为蔚来创造了一个全新的订阅收入来源。“BaaS”订阅的收入可用于增加蔚来充电/更换站网络的密度。电池订阅模式还将客户与蔚来绑定在一起，有可能增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>福特和蔚来准备从电动汽车电池成本下降中受益，因为它们增加了资本配置。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这将推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车与内燃机乘用车相比更具竞争力。但由于蔚来明确围绕电池订阅构建其商业模式的一部分，蔚来可能比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德(Schroders)提供的信息，自2014年以来，电动汽车的电池成本已下降70%，并且在本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS”模式非常天才，从长远来看，它可能会发展成为蔚来每年5亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特5月份销量同比增长4.1%，但电动汽车销量（包括混合动力汽车）同比飙升184%，福特5月份售出创纪录的10,364辆电动汽车/混合动力汽车。Escape electrified销量和Explorer Hybrid销量同比增长125%和132%，显示出强劲的客户接受度。蔚来上个月交付了6,711辆汽车，其中包括3,017辆ES6、1,412辆ES8和2,282辆EC6。5月份总交付量同比增长率为95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销量是蔚来的54倍，这为蔚来创造了更多的销售增长和价值重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来的估值差异就像白天和黑夜的区别。这是因为尽管电动汽车类别出现爆炸性增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量将实现中低位数增长。预计到2025财年（基准年：2020财年），福特的收入将增长33%，蔚来的收入将增长808%！</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于这些销量增长的差异，蔚来与福特完全相反，至少就估值而言。这家中国电动汽车制造商预计今年的销量和交付量将增长接近100%，由于蔚来只经营电动汽车，蔚来的市值与销售额比率远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来风险更大……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。蔚来的全球总销量增长潜力更大，因为与福特相比，它的收入基础较小。但也有一些事情对蔚来不利。例如，对于蔚来来说，由于生产缺陷而导致的召回将是一个比福特更大的挑战，福特可以依赖全球服务和分销网络。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓将对财务状况造成更大的影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>终审判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更“性感”的汽车制造商。中欧的强劲采用和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，这是天才之举。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着汽车制造商对其车队进行电气化，电动汽车销量的比例将会增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果您相信全球电动汽车市场的潜力并且不喜欢太多风险，请购买福特。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1,"symbols_score_info":{"NIO":0.9,"F":0.9}},"isVote":1,"tweetType":1,"viewCount":556,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}