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0勋章

2021-05-28

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2021-08-29

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This Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天会让你变得富有</blockquote>

2021-06-07

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2021-05-03

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Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week<blockquote>Uber、辉瑞、PayPal、T-Mobile、ViacomCBS、General Motors等本周值得投资者关注的股票</blockquote>

2021-06-11

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2021-03-17

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2021-12-14

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2021-05-12

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2021-05-02

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2021-04-15

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2021-04-05

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2021-03-27

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Zhihu Technology fall on its first day of trading<blockquote>知乎科技上市首日下跌</blockquote>

2021-03-10

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2021-11-06

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2021-10-09

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2021-05-27

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President Biden will propose a $6 trillion budget, documents obtained by The Times show.<blockquote>《泰晤士报》获得的文件显示，拜登总统将提出6万亿美元的预算。</blockquote>

2021-04-18

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$544 Billion In Options Expire Today: Here's What Will Move<blockquote>5440亿美元期权今天到期：以下是将发生的变化</blockquote>

2021-04-02

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2021-12-15

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Tesla And These Stocks Are Seeing The Highest Interest On WallStreetBets Today<blockquote>今天WallStreetBets对特斯拉和这些股票的兴趣最高</blockquote>

2021-11-04

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Eco-friendly sneaker maker Allbirds spikes 110% on its first day of trading<blockquote>环保运动鞋制造商Allbirds首日交易股价飙升110%</blockquote>

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mes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697565319","repostId":"1165340662","repostType":4,"isVote":1,"tweetType":1,"viewCount":2269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697831307,"gmtCreate":1642394383035,"gmtModify":1642394383376,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Buy buy","listText":"Buy buy","text":"Buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697831307","repostId":"1188840613","repostType":4,"repost":{"id":"1188840613","kind":"news","pubTimestamp":1642391512,"share":"https://www.laohu8.com/m/news/1188840613?lang=zh_CN&edition=full","pubTime":"2022-01-17 11:51","market":"us","language":"en","title":"Sea Limited (NYSE:SE) Receives Average Rating of \"Buy\" from Analysts<blockquote>Sea Limited(NYSE：SE)获得分析师“买入”平均评级</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188840613","media":"marketbeat","summary":"Shares of Sea Limited (NYSE:SE) have earned an average recommendation of \"Buy\" from the thirteen ana","content":"<p><html><head></head><body>Shares of Sea Limited (NYSE:SE) have earned an average recommendation of &#34;Buy&#34; from the thirteen analysts that are covering the company,Marketbeat Ratingsreports. One analyst has rated the stock with a sell recommendation and eleven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $351.00.</p><p><blockquote><html><head></head><body>据MarketBeat Ratings报道，Sea Limited（纽约证券交易所股票代码：SE）的13名分析师对该公司的平均推荐为“买入”。一位分析师对该股给予卖出建议，十一位分析师对该公司给予买入建议。去年发布该股报告的券商的平均12个月目标价为351.00美元。</body></html></blockquote></p><p>A number of research firms recently weighed in on SE. UBS Group increased their price objective on shares of SEA from $350.00 to $380.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, November 17th. Bank of America raised shares of SEA from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and cut their price objective for the company from $385.00 to $287.00 in a report on Monday, January 3rd. Cowen raised their target price on shares of SEA from $355.00 to $375.00 and gave the company an &#34;outperform&#34; rating in a research note on Monday, November 15th. DZ Bank started coverage on shares of SEA in a research note on Wednesday, September 29th. They issued a &#34;buy&#34; rating and a $400.00 target price for the company. Finally, Barclays initiated coverage on shares of SEA in a research note on Tuesday, November 2nd. They issued an &#34;overweight&#34; rating and a $427.00 target price for the company.</p><p><blockquote>许多研究公司最近对SE发表了看法。瑞银集团将SEA股票的目标价从350.00美元上调至380.00美元，并在11月17日星期三的一份研究报告中给予该股“买入”评级。美国银行在1月3日星期一的一份报告中将SEA的股票评级从“中性”上调至“买入”，并将该公司的目标价从385.00美元下调至287.00美元。Cowen在11月15日星期一的一份研究报告中将SEA股票的目标价从355美元上调至375美元，并给予该公司“跑赢大盘”评级。DZ银行在9月29日星期三的一份研究报告中开始报道SEA的股票。他们对该公司给予“买入”评级和400.00美元的目标价。最后，巴克莱银行在11月2日星期二的一份研究报告中首次报道了SEA的股票。他们对该公司给予“跑赢大盘”评级和427.00美元的目标价。</blockquote></p><p>NYSE SEtraded down $5.52 on Friday, reaching $175.03. The company had a trading volume of 7,680,522 shares, compared to its average volume of 6,714,165. The company has a quick ratio of 2.47, a current ratio of 2.49 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $94.43 billion, a PE ratio of -46.43 and a beta of 1.26. The firm&#39;s 50 day moving average price is $252.36 and its 200 day moving average price is $294.24. SEA has a 12 month low of $168.00 and a 12 month high of $372.70.</p><p><blockquote>纽约证券交易所周五下跌5.52美元，至175.03美元。该公司的交易量为7,680,522股，而平均交易量为6,714,165股。该公司的速动比率为2.47，流动比率为2.49，负债权益比率为0.45。该股市值为944.3亿美元，市盈率为-46.43，贝塔值为1.26。该公司的50天移动平均价格为252.36美元，200天移动平均价格为294.24美元。SEA的12个月低点为168.00美元，12个月高点为372.70美元。</blockquote></p><p>SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, November 16th. The Internet company based in Singapore reported ($0.83) earnings per share (EPS) for the quarter, missing analysts&#39; consensus estimates of ($0.67) by ($0.16). SEA had a negative net margin of 23.51% and a negative return on equity of 42.71%. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter in the prior year, the firm posted ($0.87) earnings per share. The business&#39;s revenue was up 121.8% on a year-over-year basis. On average, research analysts expect that SEA will post -3.86 EPS for the current year.</p><p><blockquote>SEA(NYSE：SE)上次公布季度盈利结果是在11月16日星期二。这家总部位于新加坡的互联网公司报告本季度每股收益(EPS)为(0.83美元)，比分析师普遍预期的(0.67美元)低(0.16美元)。SEA的净利润率为负23.51%，股本回报率为负42.71%。该公司本季度营收为26.9亿美元，而市场普遍预期为24.8亿美元。去年同一季度，该公司公布每股收益（0.87美元）。该业务收入同比增长121.8%。平均而言，研究分析师预计SEA今年的每股收益将为-3.86。</blockquote></p><p>Several hedge funds have recently added to or reduced their stakes in SE. Psagot Investment House Ltd. purchased a new stake in shares of SEA during the second quarter worth about $30,000. Activest Wealth Management increased its stake in shares of SEA by 809.1% during the third quarter. Activest Wealth Management now owns 100 shares of the Internet company based in Singapore&#39;s stock worth $32,000 after purchasing an additional 89 shares in the last quarter. Eaton Vance Management boosted its position in SEA by 76.2% during the third quarter. Eaton Vance Management now owns 215 shares of the Internet company based in Singapore&#39;s stock worth $37,000 after acquiring an additional 93 shares during the last quarter. Bbva USA acquired a new position in SEA during the third quarter worth about $39,000. Finally, Spectrum Management Group LLC acquired a new position in SEA during the third quarter worth about $58,000. 52.75% of the stock is owned by institutional investors and hedge funds.</p><p><blockquote>几家对冲基金最近增持或减持了SE的股份。Psagot Investment House Ltd.在第二季度购买了价值约30,000美元的SEA新股。Activest Wealth Management第三季度增持了Sea 809.1%的股份。Activest Wealth Management在上个季度额外购买了89股后，现在拥有这家总部位于新加坡的互联网公司的100股股票，价值32,000美元。伊顿万斯管理公司第三季度将其在SEA的持仓增加了76.2%。伊顿万斯管理公司(Eaton Vance Management)在上个季度额外收购了93股后，目前拥有这家总部位于新加坡的互联网公司的215股股票，价值37,000美元。Bbva USA在第三季度收购了SEA的新头寸，价值约39,000美元。最后，Spectrum Management Group LLC在第三季度收购了SEA的新头寸，价值约58,000美元。52.75%的股票由机构投资者和对冲基金持有。</blockquote></p><p></body></html></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>Sea Limited (NYSE:SE) Receives Average Rating of \"Buy\" from Analysts<blockquote>Sea Limited(NYSE：SE)获得分析师“买入”平均评级</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\">\nSea Limited (NYSE:SE) Receives Average Rating of \"Buy\" from Analysts<blockquote>Sea Limited(NYSE：SE)获得分析师“买入”平均评级</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketbeat</strong><span class=\"h-time small\">2022-01-17 11:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Shares of Sea Limited (NYSE:SE) have earned an average recommendation of &#34;Buy&#34; from the thirteen analysts that are covering the company,Marketbeat Ratingsreports. One analyst has rated the stock with a sell recommendation and eleven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $351.00.</p><p><blockquote><html><head></head><body>据MarketBeat Ratings报道，Sea Limited（纽约证券交易所股票代码：SE）的13名分析师对该公司的平均推荐为“买入”。一位分析师对该股给予卖出建议，十一位分析师对该公司给予买入建议。去年发布该股报告的券商的平均12个月目标价为351.00美元。</body></html></blockquote></p><p>A number of research firms recently weighed in on SE. UBS Group increased their price objective on shares of SEA from $350.00 to $380.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, November 17th. Bank of America raised shares of SEA from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and cut their price objective for the company from $385.00 to $287.00 in a report on Monday, January 3rd. Cowen raised their target price on shares of SEA from $355.00 to $375.00 and gave the company an &#34;outperform&#34; rating in a research note on Monday, November 15th. DZ Bank started coverage on shares of SEA in a research note on Wednesday, September 29th. They issued a &#34;buy&#34; rating and a $400.00 target price for the company. Finally, Barclays initiated coverage on shares of SEA in a research note on Tuesday, November 2nd. They issued an &#34;overweight&#34; rating and a $427.00 target price for the company.</p><p><blockquote>许多研究公司最近对SE发表了看法。瑞银集团将SEA股票的目标价从350.00美元上调至380.00美元，并在11月17日星期三的一份研究报告中给予该股“买入”评级。美国银行在1月3日星期一的一份报告中将SEA的股票评级从“中性”上调至“买入”，并将该公司的目标价从385.00美元下调至287.00美元。Cowen在11月15日星期一的一份研究报告中将SEA股票的目标价从355美元上调至375美元，并给予该公司“跑赢大盘”评级。DZ银行在9月29日星期三的一份研究报告中开始报道SEA的股票。他们对该公司给予“买入”评级和400.00美元的目标价。最后，巴克莱银行在11月2日星期二的一份研究报告中首次报道了SEA的股票。他们对该公司给予“跑赢大盘”评级和427.00美元的目标价。</blockquote></p><p>NYSE SEtraded down $5.52 on Friday, reaching $175.03. The company had a trading volume of 7,680,522 shares, compared to its average volume of 6,714,165. The company has a quick ratio of 2.47, a current ratio of 2.49 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $94.43 billion, a PE ratio of -46.43 and a beta of 1.26. The firm&#39;s 50 day moving average price is $252.36 and its 200 day moving average price is $294.24. SEA has a 12 month low of $168.00 and a 12 month high of $372.70.</p><p><blockquote>纽约证券交易所周五下跌5.52美元，至175.03美元。该公司的交易量为7,680,522股，而平均交易量为6,714,165股。该公司的速动比率为2.47，流动比率为2.49，负债权益比率为0.45。该股市值为944.3亿美元，市盈率为-46.43，贝塔值为1.26。该公司的50天移动平均价格为252.36美元，200天移动平均价格为294.24美元。SEA的12个月低点为168.00美元，12个月高点为372.70美元。</blockquote></p><p>SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, November 16th. The Internet company based in Singapore reported ($0.83) earnings per share (EPS) for the quarter, missing analysts&#39; consensus estimates of ($0.67) by ($0.16). SEA had a negative net margin of 23.51% and a negative return on equity of 42.71%. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter in the prior year, the firm posted ($0.87) earnings per share. The business&#39;s revenue was up 121.8% on a year-over-year basis. On average, research analysts expect that SEA will post -3.86 EPS for the current year.</p><p><blockquote>SEA(NYSE：SE)上次公布季度盈利结果是在11月16日星期二。这家总部位于新加坡的互联网公司报告本季度每股收益(EPS)为(0.83美元)，比分析师普遍预期的(0.67美元)低(0.16美元)。SEA的净利润率为负23.51%，股本回报率为负42.71%。该公司本季度营收为26.9亿美元，而市场普遍预期为24.8亿美元。去年同一季度，该公司公布每股收益（0.87美元）。该业务收入同比增长121.8%。平均而言，研究分析师预计SEA今年的每股收益将为-3.86。</blockquote></p><p>Several hedge funds have recently added to or reduced their stakes in SE. Psagot Investment House Ltd. purchased a new stake in shares of SEA during the second quarter worth about $30,000. Activest Wealth Management increased its stake in shares of SEA by 809.1% during the third quarter. Activest Wealth Management now owns 100 shares of the Internet company based in Singapore&#39;s stock worth $32,000 after purchasing an additional 89 shares in the last quarter. Eaton Vance Management boosted its position in SEA by 76.2% during the third quarter. Eaton Vance Management now owns 215 shares of the Internet company based in Singapore&#39;s stock worth $37,000 after acquiring an additional 93 shares during the last quarter. Bbva USA acquired a new position in SEA during the third quarter worth about $39,000. Finally, Spectrum Management Group LLC acquired a new position in SEA during the third quarter worth about $58,000. 52.75% of the stock is owned by institutional investors and hedge funds.</p><p><blockquote>几家对冲基金最近增持或减持了SE的股份。Psagot Investment House Ltd.在第二季度购买了价值约30,000美元的SEA新股。Activest Wealth Management第三季度增持了Sea 809.1%的股份。Activest Wealth Management在上个季度额外购买了89股后，现在拥有这家总部位于新加坡的互联网公司的100股股票，价值32,000美元。伊顿万斯管理公司第三季度将其在SEA的持仓增加了76.2%。伊顿万斯管理公司(Eaton Vance Management)在上个季度额外收购了93股后，目前拥有这家总部位于新加坡的互联网公司的215股股票，价值37,000美元。Bbva USA在第三季度收购了SEA的新头寸，价值约39,000美元。最后，Spectrum Management Group LLC在第三季度收购了SEA的新头寸，价值约58,000美元。52.75%的股票由机构投资者和对冲基金持有。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketbeat.com/instant-alerts/nyse-se-consensus-analyst-rating-2022-01-2/\">marketbeat</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":{"SE":"Sea Ltd"},"source_url":"https://www.marketbeat.com/instant-alerts/nyse-se-consensus-analyst-rating-2022-01-2/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188840613","content_text":"Shares of Sea Limited (NYSE:SE) have earned an average recommendation of \"Buy\" from the thirteen analysts that are covering the company,Marketbeat Ratingsreports. One analyst has rated the stock with a sell recommendation and eleven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $351.00.A number of research firms recently weighed in on SE. UBS Group increased their price objective on shares of SEA from $350.00 to $380.00 and gave the stock a \"buy\" rating in a research report on Wednesday, November 17th. Bank of America raised shares of SEA from a \"neutral\" rating to a \"buy\" rating and cut their price objective for the company from $385.00 to $287.00 in a report on Monday, January 3rd. Cowen raised their target price on shares of SEA from $355.00 to $375.00 and gave the company an \"outperform\" rating in a research note on Monday, November 15th. DZ Bank started coverage on shares of SEA in a research note on Wednesday, September 29th. They issued a \"buy\" rating and a $400.00 target price for the company. Finally, Barclays initiated coverage on shares of SEA in a research note on Tuesday, November 2nd. They issued an \"overweight\" rating and a $427.00 target price for the company.NYSE SEtraded down $5.52 on Friday, reaching $175.03. The company had a trading volume of 7,680,522 shares, compared to its average volume of 6,714,165. The company has a quick ratio of 2.47, a current ratio of 2.49 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $94.43 billion, a PE ratio of -46.43 and a beta of 1.26. The firm's 50 day moving average price is $252.36 and its 200 day moving average price is $294.24. SEA has a 12 month low of $168.00 and a 12 month high of $372.70.SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, November 16th. The Internet company based in Singapore reported ($0.83) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.67) by ($0.16). SEA had a negative net margin of 23.51% and a negative return on equity of 42.71%. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter in the prior year, the firm posted ($0.87) earnings per share. The business's revenue was up 121.8% on a year-over-year basis. On average, research analysts expect that SEA will post -3.86 EPS for the current year.Several hedge funds have recently added to or reduced their stakes in SE. Psagot Investment House Ltd. purchased a new stake in shares of SEA during the second quarter worth about $30,000. Activest Wealth Management increased its stake in shares of SEA by 809.1% during the third quarter. Activest Wealth Management now owns 100 shares of the Internet company based in Singapore's stock worth $32,000 after purchasing an additional 89 shares in the last quarter. Eaton Vance Management boosted its position in SEA by 76.2% during the third quarter. Eaton Vance Management now owns 215 shares of the Internet company based in Singapore's stock worth $37,000 after acquiring an additional 93 shares during the last quarter. Bbva USA acquired a new position in SEA during the third quarter worth about $39,000. Finally, Spectrum Management Group LLC acquired a new position in SEA during the third quarter worth about $58,000. 52.75% of the stock is owned by institutional investors and hedge funds.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":2471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697350446,"gmtCreate":1642303952009,"gmtModify":1642303952431,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/697350446","repostId":"1158843829","repostType":4,"repost":{"id":"1158843829","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1642170646,"share":"https://www.laohu8.com/m/news/1158843829?lang=zh_CN&edition=full","pubTime":"2022-01-14 22:30","market":"us","language":"zh","title":"开盘：诺瓦瓦克斯医药跌逾10%，摩根大通跌超4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1158843829","media":"老虎资讯综合","summary":"1月14日，美股三大指数集体低开，道指跌0.72%，纳指跌0.67%，标普500指数跌0.64%。抗疫概念股下挫，诺瓦瓦克斯医药跌近10%，BioNTech跌超3%。摩根大通跌4.57%，Q4营收29","content":"<html><head></head><body><p>1月14日，美股三大指数集体低开，道指跌0.72%，纳指跌0.67%，标普500指数跌0.64%。</p><p><img src=\"https://static.tigerbbs.com/893f9f7e9696ec96ffd64982ba88a3fe\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/>抗疫概念股下挫，<a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯医药</a>跌近10%，BioNTech跌超3%。</p><p><a href=\"https://laohu8.com/S/JPM\">摩根大通</a>跌4.57%，Q4营收292.6亿美元，同比减少3%；其中总市场业务收入下降11%至53亿美元。</p><p><a href=\"https://laohu8.com/S/BLK\">贝莱德</a>集团跌3.60%，该公司四季度营收51.06亿美元，同比增长14.1%；截止第四季度管理资产规模突破10万亿美元。</p><p>花旗集团跌3.45%，该公司四季度固定收益市场收入25亿美元，同比跌20%</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>开盘：诺瓦瓦克斯医药跌逾10%，摩根大通跌超4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n开盘：诺瓦瓦克斯医药跌逾10%，摩根大通跌超4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2022-01-14 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>1月14日，美股三大指数集体低开，道指跌0.72%，纳指跌0.67%，标普500指数跌0.64%。</p><p><img src=\"https://static.tigerbbs.com/893f9f7e9696ec96ffd64982ba88a3fe\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/>抗疫概念股下挫，<a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯医药</a>跌近10%，BioNTech跌超3%。</p><p><a href=\"https://laohu8.com/S/JPM\">摩根大通</a>跌4.57%，Q4营收292.6亿美元，同比减少3%；其中总市场业务收入下降11%至53亿美元。</p><p><a href=\"https://laohu8.com/S/BLK\">贝莱德</a>集团跌3.60%，该公司四季度营收51.06亿美元，同比增长14.1%；截止第四季度管理资产规模突破10万亿美元。</p><p>花旗集团跌3.45%，该公司四季度固定收益市场收入25亿美元，同比跌20%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{"BK4504":"桥水持仓","BK4533":"AQR资本管理(全球第二大对冲基金)",".IXIC":"NASDAQ Composite","BK4207":"综合性银行","JPM":"摩根大通","BK4566":"资本集团","NVAX":"诺瓦瓦克斯医药","BK4568":"美国抗疫概念",".SPX":"S&P 500 Index","BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓",".DJI":"道琼斯","BK4139":"生物科技"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158843829","content_text":"1月14日，美股三大指数集体低开，道指跌0.72%，纳指跌0.67%，标普500指数跌0.64%。抗疫概念股下挫，诺瓦瓦克斯医药跌近10%，BioNTech跌超3%。摩根大通跌4.57%，Q4营收292.6亿美元，同比减少3%；其中总市场业务收入下降11%至53亿美元。贝莱德集团跌3.60%，该公司四季度营收51.06亿美元，同比增长14.1%；截止第四季度管理资产规模突破10万亿美元。花旗集团跌3.45%，该公司四季度固定收益市场收入25亿美元，同比跌20%","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9,"NVAX":0.9,"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":2000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697959178,"gmtCreate":1642228246331,"gmtModify":1642228246713,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/697959178","repostId":"1126777532","repostType":4,"isVote":1,"tweetType":1,"viewCount":2885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697950036,"gmtCreate":1642227367688,"gmtModify":1642227368055,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697950036","repostId":"2203715446","repostType":4,"repost":{"id":"2203715446","kind":"highlight","pubTimestamp":1642151893,"share":"https://www.laohu8.com/m/news/2203715446?lang=zh_CN&edition=full","pubTime":"2022-01-14 17:18","market":"hk","language":"zh","title":"纳指回调之际，这些低估值科技股正开启“吸金”模式","url":"https://stock-news.laohu8.com/highlight/detail?id=2203715446","media":"智通财经网","summary":"近期美股市场高估值科技股暴跌，这一趋势似乎为低估值老牌科技股的“逆流而上”增添了新的驱动力。这些科技公司大部分拥有高额的利润，但股票交易价格相比于高估值科技股往往处于较低水平。PC市场两大巨头惠普和戴","content":"<html><head></head><body><p>近期美股市场高估值科技股暴跌，这一趋势似乎为低估值老牌科技股的“逆流而上”增添了新的<a href=\"https://laohu8.com/S/838275\">驱动力</a>。这些科技公司大部分拥有高额的利润，但股票交易价格相比于高估值科技股往往处于较低水平。</p><p>PC市场两大巨头<a href=\"https://laohu8.com/S/HPQ\">惠普</a>和<a href=\"https://laohu8.com/S/DELL\">戴尔</a>科技是今年科技股中少有的赢家，近期美债收益率的飙升促使投资者纷纷转向价格更便宜、利润水平更高的企业，同时开始抛售那些在新冠疫情期间表现优于大盘的高估值科技股。</p><p>对于这两大PC巨头来说，2021年PC出货量创近10年新高也对其股价逆势上涨起到推动作用，IDC昨日公布的最新统计数据显示，2021年全球个人电脑(PC)出货量同比增长了14.8%，达到3.49亿台，创2012年以来新高。</p><p>“我们在高质量增长领域找到了更好的股票配置标的。”Washington Crossing Advisors高级组合投资基金经理Kevin  Caron表示，该公司管理着70亿美元规模的资产。“<b>之所以选择低估值科技股，是因为我们可以找到债务水平低、盈利水平高、业务具备可预测性的公司。”</b></p><p>据统计，<b>今年以来，以科技股为主的纳斯达克100指数跌幅达5.05%，与此同时，惠普和戴尔两家PC巨头分别上涨2.73%和7.12%</b>，最新数据显示两家公司未来12个月预期市盈率均不到9倍水平，这两只股票在半年期都轻松跑赢纳斯达克100指数。</p><p><img src=\"https://static.tigerbbs.com/a03507a7540adce23b71c2e6190aafef\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p><b>另一只低估值科技股<a href=\"https://laohu8.com/S/VMW\">威睿</a>今年以来涨幅达6.49%，远超纳斯达克100指数。</b>周四，Monness Crespi Hardt &amp;  Co将该股评级上调为“买入”。虽然投资者一直关注高增长趋势的软件公司，但该投资机构写道：“我们现在相信，市场将开始更多地关注该公司独特的价值主张。”</p><p><a href=\"https://laohu8.com/S/JPM\">摩根大通</a>资产管理首席全球策略师David  Kelly本周在一份报告中写道：“部分价值股估值是自科技股泡沫以来相对成长股的最低水平。”他补充称，大型科技股，包括<a href=\"https://laohu8.com/S/AAPL\">苹果</a>、<a href=\"https://laohu8.com/S/MSFT\">微软</a>、<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>和Alphabet等知名公司，风险等级比三年前更高，而潜在回报率可能降低。”</p><p>Bernstein分析师Toni  Sacconaghi建议投资者近期投资风格偏向估值较低的科技股，他在报告中写道：“在估值最低的这20%股票之中，<b>5年期的盈利增长预期为10多年来最高的预期水平。</b>”Sacconaghi在研究报告中还写到：“这些股票在2021年下半年表现不佳，同时成长股和价值股之间的估值差呈显著扩大趋势。”</p><p>Sacconaghi认为，行业之中估值最昂贵的公司将面临更多风险，但惠普、<a href=\"https://laohu8.com/S/IBM\">IBM</a> 和戴尔这些老牌科技公司的风险状况良好且估值抬升空间足，<b>他对这些股票的评级从之前的“与大盘持平”上调至“跑赢大盘”</b>。据统计，IBM今年以来小幅上涨0.82%仍跑赢纳斯达克100指数。</p><p>当然，华尔街仍有支持高估值科技股的观点。<a href=\"https://laohu8.com/S/GS\">高盛</a>策略师们周四表示，长期收益率可能只会小幅上升，这意味着成长型股票估值的进一步调整风险有限。他们认为，经济增长放缓期间成长股仍然有上行空间。</p></body></html>","source":"highlight_zhitongcaijin","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>纳指回调之际，这些低估值科技股正开启“吸金”模式</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n纳指回调之际，这些低估值科技股正开启“吸金”模式\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-14 17:18 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/641093.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>近期美股市场高估值科技股暴跌，这一趋势似乎为低估值老牌科技股的“逆流而上”增添了新的驱动力。这些科技公司大部分拥有高额的利润，但股票交易价格相比于高估值科技股往往处于较低水平。PC市场两大巨头惠普和戴尔科技是今年科技股中少有的赢家，近期美债收益率的飙升促使投资者纷纷转向价格更便宜、利润水平更高的企业，同时开始抛售那些在新冠疫情期间表现优于大盘的高估值科技股。对于这两大PC巨头来说，2021年PC...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/641093.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d8fb95e65f042f352c6313989391357","relate_stocks":{"QQQ":"纳指100ETF","QNETCN":"纳斯达克中美互联网老虎指数","SQQQ":"纳指三倍做空ETF","03086":"华夏纳指","BK4550":"红杉资本持仓","TTTN":"老虎中美互联网巨头ETF","BK4561":"索罗斯持仓","BK4534":"瑞士信贷持仓",".IXIC":"NASDAQ Composite","TQQQ":"纳指三倍做多ETF"},"source_url":"http://www.zhitongcaijing.com/content/detail/641093.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2203715446","content_text":"近期美股市场高估值科技股暴跌，这一趋势似乎为低估值老牌科技股的“逆流而上”增添了新的驱动力。这些科技公司大部分拥有高额的利润，但股票交易价格相比于高估值科技股往往处于较低水平。PC市场两大巨头惠普和戴尔科技是今年科技股中少有的赢家，近期美债收益率的飙升促使投资者纷纷转向价格更便宜、利润水平更高的企业，同时开始抛售那些在新冠疫情期间表现优于大盘的高估值科技股。对于这两大PC巨头来说，2021年PC出货量创近10年新高也对其股价逆势上涨起到推动作用，IDC昨日公布的最新统计数据显示，2021年全球个人电脑(PC)出货量同比增长了14.8%，达到3.49亿台，创2012年以来新高。“我们在高质量增长领域找到了更好的股票配置标的。”Washington Crossing Advisors高级组合投资基金经理Kevin  Caron表示，该公司管理着70亿美元规模的资产。“之所以选择低估值科技股，是因为我们可以找到债务水平低、盈利水平高、业务具备可预测性的公司。”据统计，今年以来，以科技股为主的纳斯达克100指数跌幅达5.05%，与此同时，惠普和戴尔两家PC巨头分别上涨2.73%和7.12%，最新数据显示两家公司未来12个月预期市盈率均不到9倍水平，这两只股票在半年期都轻松跑赢纳斯达克100指数。另一只低估值科技股威睿今年以来涨幅达6.49%，远超纳斯达克100指数。周四，Monness Crespi Hardt &  Co将该股评级上调为“买入”。虽然投资者一直关注高增长趋势的软件公司，但该投资机构写道：“我们现在相信，市场将开始更多地关注该公司独特的价值主张。”摩根大通资产管理首席全球策略师David  Kelly本周在一份报告中写道：“部分价值股估值是自科技股泡沫以来相对成长股的最低水平。”他补充称，大型科技股，包括苹果、微软、亚马逊和Alphabet等知名公司，风险等级比三年前更高，而潜在回报率可能降低。”Bernstein分析师Toni  Sacconaghi建议投资者近期投资风格偏向估值较低的科技股，他在报告中写道：“在估值最低的这20%股票之中，5年期的盈利增长预期为10多年来最高的预期水平。”Sacconaghi在研究报告中还写到：“这些股票在2021年下半年表现不佳，同时成长股和价值股之间的估值差呈显著扩大趋势。”Sacconaghi认为，行业之中估值最昂贵的公司将面临更多风险，但惠普、IBM 和戴尔这些老牌科技公司的风险状况良好且估值抬升空间足，他对这些股票的评级从之前的“与大盘持平”上调至“跑赢大盘”。据统计，IBM今年以来小幅上涨0.82%仍跑赢纳斯达克100指数。当然，华尔街仍有支持高估值科技股的观点。高盛策略师们周四表示，长期收益率可能只会小幅上升，这意味着成长型股票估值的进一步调整风险有限。他们认为，经济增长放缓期间成长股仍然有上行空间。","news_type":1,"symbols_score_info":{".IXIC":1,"QNETCN":1,"SQQQ":1,"QQQ":1,"TQQQ":1,"NQmain":1,"TTTN":1,"03086":1}},"isVote":1,"tweetType":1,"viewCount":2541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697927437,"gmtCreate":1642227278691,"gmtModify":1642227279021,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697927437","repostId":"2203715446","repostType":4,"repost":{"id":"2203715446","kind":"highlight","pubTimestamp":1642151893,"share":"https://www.laohu8.com/m/news/2203715446?lang=zh_CN&edition=full","pubTime":"2022-01-14 17:18","market":"hk","language":"zh","title":"纳指回调之际，这些低估值科技股正开启“吸金”模式","url":"https://stock-news.laohu8.com/highlight/detail?id=2203715446","media":"智通财经网","summary":"近期美股市场高估值科技股暴跌，这一趋势似乎为低估值老牌科技股的“逆流而上”增添了新的驱动力。这些科技公司大部分拥有高额的利润，但股票交易价格相比于高估值科技股往往处于较低水平。PC市场两大巨头惠普和戴","content":"<html><head></head><body><p>近期美股市场高估值科技股暴跌，这一趋势似乎为低估值老牌科技股的“逆流而上”增添了新的<a href=\"https://laohu8.com/S/838275\">驱动力</a>。这些科技公司大部分拥有高额的利润，但股票交易价格相比于高估值科技股往往处于较低水平。</p><p>PC市场两大巨头<a href=\"https://laohu8.com/S/HPQ\">惠普</a>和<a href=\"https://laohu8.com/S/DELL\">戴尔</a>科技是今年科技股中少有的赢家，近期美债收益率的飙升促使投资者纷纷转向价格更便宜、利润水平更高的企业，同时开始抛售那些在新冠疫情期间表现优于大盘的高估值科技股。</p><p>对于这两大PC巨头来说，2021年PC出货量创近10年新高也对其股价逆势上涨起到推动作用，IDC昨日公布的最新统计数据显示，2021年全球个人电脑(PC)出货量同比增长了14.8%，达到3.49亿台，创2012年以来新高。</p><p>“我们在高质量增长领域找到了更好的股票配置标的。”Washington Crossing Advisors高级组合投资基金经理Kevin  Caron表示，该公司管理着70亿美元规模的资产。“<b>之所以选择低估值科技股，是因为我们可以找到债务水平低、盈利水平高、业务具备可预测性的公司。”</b></p><p>据统计，<b>今年以来，以科技股为主的纳斯达克100指数跌幅达5.05%，与此同时，惠普和戴尔两家PC巨头分别上涨2.73%和7.12%</b>，最新数据显示两家公司未来12个月预期市盈率均不到9倍水平，这两只股票在半年期都轻松跑赢纳斯达克100指数。</p><p><img src=\"https://static.tigerbbs.com/a03507a7540adce23b71c2e6190aafef\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p><b>另一只低估值科技股<a href=\"https://laohu8.com/S/VMW\">威睿</a>今年以来涨幅达6.49%，远超纳斯达克100指数。</b>周四，Monness Crespi Hardt &amp;  Co将该股评级上调为“买入”。虽然投资者一直关注高增长趋势的软件公司，但该投资机构写道：“我们现在相信，市场将开始更多地关注该公司独特的价值主张。”</p><p><a href=\"https://laohu8.com/S/JPM\">摩根大通</a>资产管理首席全球策略师David  Kelly本周在一份报告中写道：“部分价值股估值是自科技股泡沫以来相对成长股的最低水平。”他补充称，大型科技股，包括<a href=\"https://laohu8.com/S/AAPL\">苹果</a>、<a href=\"https://laohu8.com/S/MSFT\">微软</a>、<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>和Alphabet等知名公司，风险等级比三年前更高，而潜在回报率可能降低。”</p><p>Bernstein分析师Toni  Sacconaghi建议投资者近期投资风格偏向估值较低的科技股，他在报告中写道：“在估值最低的这20%股票之中，<b>5年期的盈利增长预期为10多年来最高的预期水平。</b>”Sacconaghi在研究报告中还写到：“这些股票在2021年下半年表现不佳，同时成长股和价值股之间的估值差呈显著扩大趋势。”</p><p>Sacconaghi认为，行业之中估值最昂贵的公司将面临更多风险，但惠普、<a href=\"https://laohu8.com/S/IBM\">IBM</a> 和戴尔这些老牌科技公司的风险状况良好且估值抬升空间足，<b>他对这些股票的评级从之前的“与大盘持平”上调至“跑赢大盘”</b>。据统计，IBM今年以来小幅上涨0.82%仍跑赢纳斯达克100指数。</p><p>当然，华尔街仍有支持高估值科技股的观点。<a href=\"https://laohu8.com/S/GS\">高盛</a>策略师们周四表示，长期收益率可能只会小幅上升，这意味着成长型股票估值的进一步调整风险有限。他们认为，经济增长放缓期间成长股仍然有上行空间。</p></body></html>","source":"highlight_zhitongcaijin","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>纳指回调之际，这些低估值科技股正开启“吸金”模式</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n纳指回调之际，这些低估值科技股正开启“吸金”模式\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-14 17:18 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/641093.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>近期美股市场高估值科技股暴跌，这一趋势似乎为低估值老牌科技股的“逆流而上”增添了新的驱动力。这些科技公司大部分拥有高额的利润，但股票交易价格相比于高估值科技股往往处于较低水平。PC市场两大巨头惠普和戴尔科技是今年科技股中少有的赢家，近期美债收益率的飙升促使投资者纷纷转向价格更便宜、利润水平更高的企业，同时开始抛售那些在新冠疫情期间表现优于大盘的高估值科技股。对于这两大PC巨头来说，2021年PC...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/641093.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d8fb95e65f042f352c6313989391357","relate_stocks":{"QQQ":"纳指100ETF","QNETCN":"纳斯达克中美互联网老虎指数","SQQQ":"纳指三倍做空ETF","03086":"华夏纳指","BK4550":"红杉资本持仓","TTTN":"老虎中美互联网巨头ETF","BK4561":"索罗斯持仓","BK4534":"瑞士信贷持仓",".IXIC":"NASDAQ Composite","TQQQ":"纳指三倍做多ETF"},"source_url":"http://www.zhitongcaijing.com/content/detail/641093.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2203715446","content_text":"近期美股市场高估值科技股暴跌，这一趋势似乎为低估值老牌科技股的“逆流而上”增添了新的驱动力。这些科技公司大部分拥有高额的利润，但股票交易价格相比于高估值科技股往往处于较低水平。PC市场两大巨头惠普和戴尔科技是今年科技股中少有的赢家，近期美债收益率的飙升促使投资者纷纷转向价格更便宜、利润水平更高的企业，同时开始抛售那些在新冠疫情期间表现优于大盘的高估值科技股。对于这两大PC巨头来说，2021年PC出货量创近10年新高也对其股价逆势上涨起到推动作用，IDC昨日公布的最新统计数据显示，2021年全球个人电脑(PC)出货量同比增长了14.8%，达到3.49亿台，创2012年以来新高。“我们在高质量增长领域找到了更好的股票配置标的。”Washington Crossing Advisors高级组合投资基金经理Kevin  Caron表示，该公司管理着70亿美元规模的资产。“之所以选择低估值科技股，是因为我们可以找到债务水平低、盈利水平高、业务具备可预测性的公司。”据统计，今年以来，以科技股为主的纳斯达克100指数跌幅达5.05%，与此同时，惠普和戴尔两家PC巨头分别上涨2.73%和7.12%，最新数据显示两家公司未来12个月预期市盈率均不到9倍水平，这两只股票在半年期都轻松跑赢纳斯达克100指数。另一只低估值科技股威睿今年以来涨幅达6.49%，远超纳斯达克100指数。周四，Monness Crespi Hardt &  Co将该股评级上调为“买入”。虽然投资者一直关注高增长趋势的软件公司，但该投资机构写道：“我们现在相信，市场将开始更多地关注该公司独特的价值主张。”摩根大通资产管理首席全球策略师David  Kelly本周在一份报告中写道：“部分价值股估值是自科技股泡沫以来相对成长股的最低水平。”他补充称，大型科技股，包括苹果、微软、亚马逊和Alphabet等知名公司，风险等级比三年前更高，而潜在回报率可能降低。”Bernstein分析师Toni  Sacconaghi建议投资者近期投资风格偏向估值较低的科技股，他在报告中写道：“在估值最低的这20%股票之中，5年期的盈利增长预期为10多年来最高的预期水平。”Sacconaghi在研究报告中还写到：“这些股票在2021年下半年表现不佳，同时成长股和价值股之间的估值差呈显著扩大趋势。”Sacconaghi认为，行业之中估值最昂贵的公司将面临更多风险，但惠普、IBM 和戴尔这些老牌科技公司的风险状况良好且估值抬升空间足，他对这些股票的评级从之前的“与大盘持平”上调至“跑赢大盘”。据统计，IBM今年以来小幅上涨0.82%仍跑赢纳斯达克100指数。当然，华尔街仍有支持高估值科技股的观点。高盛策略师们周四表示，长期收益率可能只会小幅上升，这意味着成长型股票估值的进一步调整风险有限。他们认为，经济增长放缓期间成长股仍然有上行空间。","news_type":1,"symbols_score_info":{".IXIC":1,"QNETCN":1,"SQQQ":1,"QQQ":1,"TQQQ":1,"NQmain":1,"TTTN":1,"03086":1}},"isVote":1,"tweetType":1,"viewCount":2567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696143754,"gmtCreate":1640654605776,"gmtModify":1640654606153,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696143754","repostId":"1174834890","repostType":4,"isVote":1,"tweetType":1,"viewCount":2625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698741561,"gmtCreate":1640564938349,"gmtModify":1640564944197,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/698741561","repostId":"1117475975","repostType":4,"repost":{"id":"1117475975","kind":"news","pubTimestamp":1640562723,"share":"https://www.laohu8.com/m/news/1117475975?lang=zh_CN&edition=full","pubTime":"2021-12-27 07:52","market":"us","language":"en","title":"Colin Kaepernick SPAC Deal Collapses, Testing Celebrity Halo<blockquote>科林·卡佩尼克SPAC交易失败，考验名人光环</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117475975","media":"WSJ","summary":"The Change Co. seemed like the perfect company for Colin Kaepernick’s SPAC to buy. The California le","content":"<p>The Change Co. seemed like the perfect company for Colin Kaepernick’s SPAC to buy. The California lender focuses on minority borrowers underserved by traditional banks, a snug fit with the former National Football League star’s social-justice activism.</p><p><blockquote>The Change Co.似乎是Colin Kaepernick的SPAC收购的完美公司。这家加州银行专注于传统银行服务不足的少数族裔借款人，这与这位前国家橄榄球联盟球星的社会正义行动主义非常契合。</blockquote></p><p> But a deal ran aground last week over a peculiar issue: Mr. Kaepernick’s reluctance to stump for the merger on live television, people familiar with the matter said.</p><p><blockquote>但知情人士称，上周一项交易因一个特殊问题而搁浅：卡佩尼克不愿在电视直播中为合并进行游说。</blockquote></p><p> Mr. Kaepernick balked at requests from Change Co. executives that he sit for an appearance with George Stephanopoulos on “Good Morning America” and declined to participate in interviews as part of the rollout, according to an internal document.</p><p><blockquote>根据一份内部文件，卡佩尼克拒绝了Change Co.高管要求他与乔治·斯蒂芬诺伯罗斯一起出现在《早安美国》节目中的要求，并拒绝参加作为推出一部分的采访。</blockquote></p><p> The deal is now dead, these people said.</p><p><blockquote>这些人说，这笔交易现在已经胎死腹中。</blockquote></p><p> “The Change Company would proudly consider a partnership with Mr. Kaepernick—yesterday, today, or tomorrow,” the lender’s chief executive, Steven Sugarman, said in a written statement on Thursday that praised the former quarterback’s commitment to racial justice.</p><p><blockquote>该银行首席执行官史蒂文·舒格曼(Steven Sugarman)在周四的一份书面声明中表示：“The Change Company将自豪地考虑与卡佩尼克先生建立合作伙伴关系——无论是昨天、今天还是明天。”该声明赞扬了这位前四分卫对种族正义的承诺。</blockquote></p><p> A spokesman for Mr. Kaepernick’s&nbsp;Mission Advancement&nbsp;Corp.&nbsp;said that the company operates “with the highest ethical standards” and will “continue our work while we look for a great fit to merge with in 2022.”</p><p><blockquote>Kaepernick先生的Mission Advancement Corp.的发言人表示，该公司“以最高的道德标准”运营，并将“继续我们的工作，同时寻找最适合在2022年合并的公司”。</blockquote></p><p> Special-purpose acquisition companies, or SPACs, are blossoming. There are artificial-intelligence SPACs, green-energy SPACs and even at least two SPACs doing deals with&nbsp;sellers of outdoor cooking equipment. Celebrity SPACs are especially fertile. Shaquille O’Neal, Sammy Hagar, Alex Rodriguez, restaurateur Danny Meyer, and former House Speaker Paul Ryan each has a SPAC. The pitch to investors is that their star power, social-media following and financial contacts will help the company succeed.</p><p><blockquote>特殊目的收购公司（SPAC）正在蓬勃发展。有人工智能SPAC、绿色能源SPAC，甚至至少有两家SPAC与户外烹饪设备卖家进行交易。名人SPAC尤其肥沃。沙奎尔·奥尼尔、萨米·哈加尔、A·罗德里格兹、餐馆老板丹尼·迈耶和前众议院议长保罗·瑞安都拥有SPAC。向投资者推销的是，他们的明星影响力、社交媒体追随者和财务联系将帮助公司取得成功。</blockquote></p><p> The high-wattage fundraising is controversial; Securities and Exchange Commission chief Gary Gensler&nbsp;called out celebrity endorsements&nbsp;in a critique of SPAC marketing earlier this month and cautioned against “misleading hype.”</p><p><blockquote>高瓦数募资引争议；美国证券交易委员会主席加里·詹斯勒(Gary Gensler)本月早些时候在批评SPAC营销时呼吁名人代言，并警告不要“误导性炒作”。</blockquote></p><p> Mission Advancement went public in March and raised $345 million to acquire a company with a socially conscious bent. Mr. Kaepernick, who became a leader of the racial-justice movement since he went unsigned by National Football League teams after kneeling during the national anthem to protest issues such as police brutality, is Mission’s co-chairman along with Jahm Najafi, who runs a private-equity fund and is a minority owner in the National Basketball Association’s Phoenix Suns.</p><p><blockquote>Mission Advancement于3月份上市，筹集了3.45亿美元收购了一家具有社会意识的公司。卡佩尼克在国歌期间下跪抗议警察暴行等问题，没有得到国家橄榄球联盟球队的签名，此后成为了种族正义运动的领导人。他与经营一家私募股权基金的贾姆·纳杰菲(Jahm Najafi)是Mission的联合主席，也是美国国家篮球协会菲尼克斯太阳队的少数股东。</blockquote></p><p> Like all SPACs, Mission searches for a target with which it will merge, effectively taking that company public. By early fall, it had homed in on Change and by mid-December was on the cusp of a deal valuing the lender at about $1.1 billion, according to the people familiar with the matter and investor documents reviewed by The Wall Street Journal.</p><p><blockquote>与所有SPAC一样，Mission会寻找与之合并的目标，从而有效地使该公司上市。据知情人士和《华尔街日报》查阅的投资者文件透露，到初秋，该银行已将目光投向变革，到12月中旬，该银行即将达成一项估值约为11亿美元的交易。</blockquote></p><p> But the two sides found themselves at odds over whether and how Mr. Kaepernick would tap his celebrity status to promote it. When Change executives tried to schedule a sit-down with “Good Morning America,” where Mr. Kaepernick would likely have been pressed both about the business and on the protests that made him a controversial figure and stymied his NFL career, Mission executives pushed back.</p><p><blockquote>但双方发现自己在卡佩尼克是否以及如何利用他的名人地位来推广它的问题上存在分歧。当变革高管试图安排与“早安美国”（Good Morning America）坐下来谈时，卡佩尼克可能会受到有关业务和抗议活动的压力，这些抗议活动使他成为一个有争议的人物，并阻碍了他的NFL职业生涯，Mission高管拒绝了。</blockquote></p><p> Such an appearance would have been out of character for Mr. Kaepernick, who has never spoken about the issue in such a forum and has granted few interviews. Instead, he has cultivated his image through his social-justice initiatives and scripted appearances, most notably an advertising campaign withNikeInc.and a six-part documentary about his childhood that ran onNetflixInc.this fall.</p><p><blockquote>这样的露面不符合卡佩尼克的性格，他从未在这样的论坛上谈论过这个问题，也很少接受采访。相反，他通过社会正义倡议和照本宣科的露面来塑造自己的形象，最著名的是与耐克公司合作的广告活动，以及今年秋天在NetflixInc.播出的一部关于他童年的六集纪录片。</blockquote></p><p> Change is what is known as a community development financial institution, a special regulatory designation for firms that lend to minority groups, rural residents and other communities that have trouble getting access to mainstream banking products. CDFIs receive financial support from the U.S. Treasury and often partner with big commercial banks. Many are nonprofits; Change isn’t.</p><p><blockquote>Change就是所谓的社区发展金融机构，这是一种特殊的监管名称，适用于向少数群体、农村居民和其他难以获得主流银行产品的社区提供贷款的公司。CDFI获得美国财政部的财政支持，并经常与大型商业银行合作。许多是非营利组织；改变不是。</blockquote></p><p> Change was founded in 2017 and is run by Mr. Sugarman, a former executive at the Banc of California. He left that company in an acrimonious dispute with the board.</p><p><blockquote>Change成立于2017年，由加州银行前高管舒格曼先生经营。他在与董事会激烈争执中离开了公司。</blockquote></p><p> Change originated $7 billion in loans in 2020 and booked $113 million in profits, according to documents shown to prospective investors.</p><p><blockquote>根据向潜在投资者展示的文件，Change在2020年发放了70亿美元的贷款，并记录了1.13亿美元的利润。</blockquote></p><p> When SPACs make an acquisition, they typically also raise new money from private investors, which validates the transaction and gives the company cash to fund its growth.</p><p><blockquote>当SPAC进行收购时，它们通常还会从私人投资者那里筹集新资金，从而验证交易并为公司提供现金来资助其增长。</blockquote></p><p> Mission, Change and their bankers fanned out to more than 100 potential investors, firms that might want a piece of a socially conscious deal or celebrities who might kick in their own fame and money. Mission executives often referred to Mr. Kaepernick as a once-in-a-generation cultural icon; both sides hoped his star power would bring in investors and corporate partners.</p><p><blockquote>Mission、Change及其银行家向100多名潜在投资者、可能想要从具有社会意识的交易中分一杯羹的公司或可能利用自己的名誉和金钱的名人展开了讨论。使团高管经常将卡佩尼克先生称为一代人一次的文化偶像；双方都希望他的明星效应能带来投资者和企业合作伙伴。</blockquote></p><p></p><p> Actor Tyler Perry agreed to invest, one of the people familiar with the matter said, and the Atlanta firm that manages his money made a $1 million commitment, the documents show. Mr. Kaepernick’s cachet helped land more investors—WNBA stars Diana Taurasi and Maya Moore, music producer J. Cole, and rappers Quavo and Nas were in, according to the documents. But the commitments weren’t large, and some of the celebrity investors expected to be paid for any promotional efforts.</p><p><blockquote>文件显示，一位知情人士称，演员泰勒·佩里同意投资，管理他资金的亚特兰大公司承诺投资100万美元。文件显示，卡佩尼克的声望帮助吸引了更多投资者——WNBA明星戴安娜·陶拉西(Diana Taurasi)和玛雅·摩尔(Maya Moore)、音乐制作人J.科尔(J.Cole)以及说唱歌手夸沃(Quavo)和纳斯(Nas)都参与其中。但承诺并不大，一些名人投资者预计任何促销活动都会得到报酬。</blockquote></p><p> The sponsor group, Messrs. Kaepernick and Najafi, were set to contribute $10 million. Had the deal been completed, they would have received founder shares in the combined company worth about $80 million, according to the SPAC’s public filings. Mr. Kaepernick and the sponsor group also were going to donate up to one million shares, with a value near $10 million, to down-payment assistance efforts to support Black homeownership.</p><p><blockquote>赞助团体Kaepernick先生和Najafi先生将捐款1000万美元。根据SPAC的公开文件，如果交易完成，他们将获得合并后公司价值约8000万美元的创始人股份。Kaepernick先生和赞助团体还将捐赠最多100万股股票，价值近1000万美元，用于支持黑人住房所有权的首付援助工作。</blockquote></p><p> But big names on Wall Street, includingBlackRockInc.,Fidelity Investments and&nbsp;T. Rowe Price GroupInc.,which are among the most active SPAC investors, said no, according to the people familiar with the matter and documents reviewed by the Journal. The three declined to comment.</p><p><blockquote>但华尔街的大公司，包括贝莱德、富达投资和T。据知情人士和《华尔街日报》查阅的文件显示，SPAC最活跃的投资者之一Rowe Price GroupInc.拒绝了。三人拒绝置评。</blockquote></p><p> Serena Williams’s venture fund passed, according to those documents. So did Oprah Winfrey’s money manager. Nike and venture firm Andreesen Horowitz, whose co-founder is listed on Mission’s website as an adviser, also looked at the deal and didn’t commit, the documents say.</p><p><blockquote>根据这些文件，塞雷娜·威廉姆斯的风险基金通过了。奥普拉·温弗瑞的资金经理也是如此。文件称，耐克和风险投资公司安德森·霍洛维茨（Andreesen Horowitz）也关注了这笔交易，但没有做出承诺。安德森·霍洛维茨的联合创始人在Mission的网站上被列为顾问。</blockquote></p><p> ‘There is a real question about whether there is [a] halo effect that translates into investor dollars. We need to question that assumption.’</p><p><blockquote>“一个真正的问题是，是否存在转化为投资者资金的光环效应。我们需要质疑这一假设。”</blockquote></p><p> — Steve Sugarman, The Change Co. chief executive</p><p><blockquote>——Steve Sugarman，The Change Co.首席执行官</blockquote></p><p> The week before Thanksgiving, executives from Mission and Change met with executives from Netflix. The streaming giant had just aired the Kaepernick documentary, and the year earlier it had moved $10 million of its cash holdings to Change as part of a pledge to support small lenders serving Black communities.</p><p><blockquote>感恩节前一周，Mission and Change的高管会见了Netflix的高管。这家流媒体巨头刚刚播出了Kaepernick纪录片，一年前，它已将其持有的1000万美元现金转移到Change，作为支持为黑人社区服务的小型贷款机构承诺的一部分。</blockquote></p><p> By the time the deal fell apart, Netflix hadn’t committed. Netflix declined to comment.</p><p><blockquote>当交易破裂时，Netflix还没有做出承诺。Netflix拒绝置评。</blockquote></p><p> Mission ultimately had commitments for about two-thirds of the $100 million it was targeting, most of it from a pair of real-estate investment firms, Angelo Gordon and&nbsp;MFA FinancialInc.,the people familiar with the matter said.</p><p><blockquote>知情人士称，Mission最终承诺了1亿美元目标中的约三分之二，其中大部分来自两家房地产投资公司Angelo Gordon和MFA FinancialInc.。</blockquote></p><p> “There is a real question about whether there is [a] halo effect that translates into investor dollars,” Mr. Sugarman wrote in an email this month to Mission executives. “We need to question that assumption.”</p><p><blockquote>舒格曼在本月给Mission高管的一封电子邮件中写道：“光环效应是否会转化为投资者的资金，这是一个真正的问题。”“我们需要质疑这个假设。”</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>Colin Kaepernick SPAC Deal Collapses, Testing Celebrity Halo<blockquote>科林·卡佩尼克SPAC交易失败，考验名人光环</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\">\nColin Kaepernick SPAC Deal Collapses, Testing Celebrity Halo<blockquote>科林·卡佩尼克SPAC交易失败，考验名人光环</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">WSJ</strong><span class=\"h-time small\">2021-12-27 07:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Change Co. seemed like the perfect company for Colin Kaepernick’s SPAC to buy. The California lender focuses on minority borrowers underserved by traditional banks, a snug fit with the former National Football League star’s social-justice activism.</p><p><blockquote>The Change Co.似乎是Colin Kaepernick的SPAC收购的完美公司。这家加州银行专注于传统银行服务不足的少数族裔借款人，这与这位前国家橄榄球联盟球星的社会正义行动主义非常契合。</blockquote></p><p> But a deal ran aground last week over a peculiar issue: Mr. Kaepernick’s reluctance to stump for the merger on live television, people familiar with the matter said.</p><p><blockquote>但知情人士称，上周一项交易因一个特殊问题而搁浅：卡佩尼克不愿在电视直播中为合并进行游说。</blockquote></p><p> Mr. Kaepernick balked at requests from Change Co. executives that he sit for an appearance with George Stephanopoulos on “Good Morning America” and declined to participate in interviews as part of the rollout, according to an internal document.</p><p><blockquote>根据一份内部文件，卡佩尼克拒绝了Change Co.高管要求他与乔治·斯蒂芬诺伯罗斯一起出现在《早安美国》节目中的要求，并拒绝参加作为推出一部分的采访。</blockquote></p><p> The deal is now dead, these people said.</p><p><blockquote>这些人说，这笔交易现在已经胎死腹中。</blockquote></p><p> “The Change Company would proudly consider a partnership with Mr. Kaepernick—yesterday, today, or tomorrow,” the lender’s chief executive, Steven Sugarman, said in a written statement on Thursday that praised the former quarterback’s commitment to racial justice.</p><p><blockquote>该银行首席执行官史蒂文·舒格曼(Steven Sugarman)在周四的一份书面声明中表示：“The Change Company将自豪地考虑与卡佩尼克先生建立合作伙伴关系——无论是昨天、今天还是明天。”该声明赞扬了这位前四分卫对种族正义的承诺。</blockquote></p><p> A spokesman for Mr. Kaepernick’s&nbsp;Mission Advancement&nbsp;Corp.&nbsp;said that the company operates “with the highest ethical standards” and will “continue our work while we look for a great fit to merge with in 2022.”</p><p><blockquote>Kaepernick先生的Mission Advancement Corp.的发言人表示，该公司“以最高的道德标准”运营，并将“继续我们的工作，同时寻找最适合在2022年合并的公司”。</blockquote></p><p> Special-purpose acquisition companies, or SPACs, are blossoming. There are artificial-intelligence SPACs, green-energy SPACs and even at least two SPACs doing deals with&nbsp;sellers of outdoor cooking equipment. Celebrity SPACs are especially fertile. Shaquille O’Neal, Sammy Hagar, Alex Rodriguez, restaurateur Danny Meyer, and former House Speaker Paul Ryan each has a SPAC. The pitch to investors is that their star power, social-media following and financial contacts will help the company succeed.</p><p><blockquote>特殊目的收购公司（SPAC）正在蓬勃发展。有人工智能SPAC、绿色能源SPAC，甚至至少有两家SPAC与户外烹饪设备卖家进行交易。名人SPAC尤其肥沃。沙奎尔·奥尼尔、萨米·哈加尔、A·罗德里格兹、餐馆老板丹尼·迈耶和前众议院议长保罗·瑞安都拥有SPAC。向投资者推销的是，他们的明星影响力、社交媒体追随者和财务联系将帮助公司取得成功。</blockquote></p><p> The high-wattage fundraising is controversial; Securities and Exchange Commission chief Gary Gensler&nbsp;called out celebrity endorsements&nbsp;in a critique of SPAC marketing earlier this month and cautioned against “misleading hype.”</p><p><blockquote>高瓦数募资引争议；美国证券交易委员会主席加里·詹斯勒(Gary Gensler)本月早些时候在批评SPAC营销时呼吁名人代言，并警告不要“误导性炒作”。</blockquote></p><p> Mission Advancement went public in March and raised $345 million to acquire a company with a socially conscious bent. Mr. Kaepernick, who became a leader of the racial-justice movement since he went unsigned by National Football League teams after kneeling during the national anthem to protest issues such as police brutality, is Mission’s co-chairman along with Jahm Najafi, who runs a private-equity fund and is a minority owner in the National Basketball Association’s Phoenix Suns.</p><p><blockquote>Mission Advancement于3月份上市，筹集了3.45亿美元收购了一家具有社会意识的公司。卡佩尼克在国歌期间下跪抗议警察暴行等问题，没有得到国家橄榄球联盟球队的签名，此后成为了种族正义运动的领导人。他与经营一家私募股权基金的贾姆·纳杰菲(Jahm Najafi)是Mission的联合主席，也是美国国家篮球协会菲尼克斯太阳队的少数股东。</blockquote></p><p> Like all SPACs, Mission searches for a target with which it will merge, effectively taking that company public. By early fall, it had homed in on Change and by mid-December was on the cusp of a deal valuing the lender at about $1.1 billion, according to the people familiar with the matter and investor documents reviewed by The Wall Street Journal.</p><p><blockquote>与所有SPAC一样，Mission会寻找与之合并的目标，从而有效地使该公司上市。据知情人士和《华尔街日报》查阅的投资者文件透露，到初秋，该银行已将目光投向变革，到12月中旬，该银行即将达成一项估值约为11亿美元的交易。</blockquote></p><p> But the two sides found themselves at odds over whether and how Mr. Kaepernick would tap his celebrity status to promote it. When Change executives tried to schedule a sit-down with “Good Morning America,” where Mr. Kaepernick would likely have been pressed both about the business and on the protests that made him a controversial figure and stymied his NFL career, Mission executives pushed back.</p><p><blockquote>但双方发现自己在卡佩尼克是否以及如何利用他的名人地位来推广它的问题上存在分歧。当变革高管试图安排与“早安美国”（Good Morning America）坐下来谈时，卡佩尼克可能会受到有关业务和抗议活动的压力，这些抗议活动使他成为一个有争议的人物，并阻碍了他的NFL职业生涯，Mission高管拒绝了。</blockquote></p><p> Such an appearance would have been out of character for Mr. Kaepernick, who has never spoken about the issue in such a forum and has granted few interviews. Instead, he has cultivated his image through his social-justice initiatives and scripted appearances, most notably an advertising campaign withNikeInc.and a six-part documentary about his childhood that ran onNetflixInc.this fall.</p><p><blockquote>这样的露面不符合卡佩尼克的性格，他从未在这样的论坛上谈论过这个问题，也很少接受采访。相反，他通过社会正义倡议和照本宣科的露面来塑造自己的形象，最著名的是与耐克公司合作的广告活动，以及今年秋天在NetflixInc.播出的一部关于他童年的六集纪录片。</blockquote></p><p> Change is what is known as a community development financial institution, a special regulatory designation for firms that lend to minority groups, rural residents and other communities that have trouble getting access to mainstream banking products. CDFIs receive financial support from the U.S. Treasury and often partner with big commercial banks. Many are nonprofits; Change isn’t.</p><p><blockquote>Change就是所谓的社区发展金融机构，这是一种特殊的监管名称，适用于向少数群体、农村居民和其他难以获得主流银行产品的社区提供贷款的公司。CDFI获得美国财政部的财政支持，并经常与大型商业银行合作。许多是非营利组织；改变不是。</blockquote></p><p> Change was founded in 2017 and is run by Mr. Sugarman, a former executive at the Banc of California. He left that company in an acrimonious dispute with the board.</p><p><blockquote>Change成立于2017年，由加州银行前高管舒格曼先生经营。他在与董事会激烈争执中离开了公司。</blockquote></p><p> Change originated $7 billion in loans in 2020 and booked $113 million in profits, according to documents shown to prospective investors.</p><p><blockquote>根据向潜在投资者展示的文件，Change在2020年发放了70亿美元的贷款，并记录了1.13亿美元的利润。</blockquote></p><p> When SPACs make an acquisition, they typically also raise new money from private investors, which validates the transaction and gives the company cash to fund its growth.</p><p><blockquote>当SPAC进行收购时，它们通常还会从私人投资者那里筹集新资金，从而验证交易并为公司提供现金来资助其增长。</blockquote></p><p> Mission, Change and their bankers fanned out to more than 100 potential investors, firms that might want a piece of a socially conscious deal or celebrities who might kick in their own fame and money. Mission executives often referred to Mr. Kaepernick as a once-in-a-generation cultural icon; both sides hoped his star power would bring in investors and corporate partners.</p><p><blockquote>Mission、Change及其银行家向100多名潜在投资者、可能想要从具有社会意识的交易中分一杯羹的公司或可能利用自己的名誉和金钱的名人展开了讨论。使团高管经常将卡佩尼克先生称为一代人一次的文化偶像；双方都希望他的明星效应能带来投资者和企业合作伙伴。</blockquote></p><p></p><p> Actor Tyler Perry agreed to invest, one of the people familiar with the matter said, and the Atlanta firm that manages his money made a $1 million commitment, the documents show. Mr. Kaepernick’s cachet helped land more investors—WNBA stars Diana Taurasi and Maya Moore, music producer J. Cole, and rappers Quavo and Nas were in, according to the documents. But the commitments weren’t large, and some of the celebrity investors expected to be paid for any promotional efforts.</p><p><blockquote>文件显示，一位知情人士称，演员泰勒·佩里同意投资，管理他资金的亚特兰大公司承诺投资100万美元。文件显示，卡佩尼克的声望帮助吸引了更多投资者——WNBA明星戴安娜·陶拉西(Diana Taurasi)和玛雅·摩尔(Maya Moore)、音乐制作人J.科尔(J.Cole)以及说唱歌手夸沃(Quavo)和纳斯(Nas)都参与其中。但承诺并不大，一些名人投资者预计任何促销活动都会得到报酬。</blockquote></p><p> The sponsor group, Messrs. Kaepernick and Najafi, were set to contribute $10 million. Had the deal been completed, they would have received founder shares in the combined company worth about $80 million, according to the SPAC’s public filings. Mr. Kaepernick and the sponsor group also were going to donate up to one million shares, with a value near $10 million, to down-payment assistance efforts to support Black homeownership.</p><p><blockquote>赞助团体Kaepernick先生和Najafi先生将捐款1000万美元。根据SPAC的公开文件，如果交易完成，他们将获得合并后公司价值约8000万美元的创始人股份。Kaepernick先生和赞助团体还将捐赠最多100万股股票，价值近1000万美元，用于支持黑人住房所有权的首付援助工作。</blockquote></p><p> But big names on Wall Street, includingBlackRockInc.,Fidelity Investments and&nbsp;T. Rowe Price GroupInc.,which are among the most active SPAC investors, said no, according to the people familiar with the matter and documents reviewed by the Journal. The three declined to comment.</p><p><blockquote>但华尔街的大公司，包括贝莱德、富达投资和T。据知情人士和《华尔街日报》查阅的文件显示，SPAC最活跃的投资者之一Rowe Price GroupInc.拒绝了。三人拒绝置评。</blockquote></p><p> Serena Williams’s venture fund passed, according to those documents. So did Oprah Winfrey’s money manager. Nike and venture firm Andreesen Horowitz, whose co-founder is listed on Mission’s website as an adviser, also looked at the deal and didn’t commit, the documents say.</p><p><blockquote>根据这些文件，塞雷娜·威廉姆斯的风险基金通过了。奥普拉·温弗瑞的资金经理也是如此。文件称，耐克和风险投资公司安德森·霍洛维茨（Andreesen Horowitz）也关注了这笔交易，但没有做出承诺。安德森·霍洛维茨的联合创始人在Mission的网站上被列为顾问。</blockquote></p><p> ‘There is a real question about whether there is [a] halo effect that translates into investor dollars. We need to question that assumption.’</p><p><blockquote>“一个真正的问题是，是否存在转化为投资者资金的光环效应。我们需要质疑这一假设。”</blockquote></p><p> — Steve Sugarman, The Change Co. chief executive</p><p><blockquote>——Steve Sugarman，The Change Co.首席执行官</blockquote></p><p> The week before Thanksgiving, executives from Mission and Change met with executives from Netflix. The streaming giant had just aired the Kaepernick documentary, and the year earlier it had moved $10 million of its cash holdings to Change as part of a pledge to support small lenders serving Black communities.</p><p><blockquote>感恩节前一周，Mission and Change的高管会见了Netflix的高管。这家流媒体巨头刚刚播出了Kaepernick纪录片，一年前，它已将其持有的1000万美元现金转移到Change，作为支持为黑人社区服务的小型贷款机构承诺的一部分。</blockquote></p><p> By the time the deal fell apart, Netflix hadn’t committed. Netflix declined to comment.</p><p><blockquote>当交易破裂时，Netflix还没有做出承诺。Netflix拒绝置评。</blockquote></p><p> Mission ultimately had commitments for about two-thirds of the $100 million it was targeting, most of it from a pair of real-estate investment firms, Angelo Gordon and&nbsp;MFA FinancialInc.,the people familiar with the matter said.</p><p><blockquote>知情人士称，Mission最终承诺了1亿美元目标中的约三分之二，其中大部分来自两家房地产投资公司Angelo Gordon和MFA FinancialInc.。</blockquote></p><p> “There is a real question about whether there is [a] halo effect that translates into investor dollars,” Mr. Sugarman wrote in an email this month to Mission executives. “We need to question that assumption.”</p><p><blockquote>舒格曼在本月给Mission高管的一封电子邮件中写道：“光环效应是否会转化为投资者的资金，这是一个真正的问题。”“我们需要质疑这个假设。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/colin-kaepernick-spac-deal-collapses-testing-celebrity-halo-11640373559?mod=markets_lead_pos5\">WSJ</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":{},"source_url":"https://www.wsj.com/articles/colin-kaepernick-spac-deal-collapses-testing-celebrity-halo-11640373559?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117475975","content_text":"The Change Co. seemed like the perfect company for Colin Kaepernick’s SPAC to buy. The California lender focuses on minority borrowers underserved by traditional banks, a snug fit with the former National Football League star’s social-justice activism.\nBut a deal ran aground last week over a peculiar issue: Mr. Kaepernick’s reluctance to stump for the merger on live television, people familiar with the matter said.\nMr. Kaepernick balked at requests from Change Co. executives that he sit for an appearance with George Stephanopoulos on “Good Morning America” and declined to participate in interviews as part of the rollout, according to an internal document.\nThe deal is now dead, these people said.\n“The Change Company would proudly consider a partnership with Mr. Kaepernick—yesterday, today, or tomorrow,” the lender’s chief executive, Steven Sugarman, said in a written statement on Thursday that praised the former quarterback’s commitment to racial justice.\nA spokesman for Mr. Kaepernick’s Mission Advancement Corp. said that the company operates “with the highest ethical standards” and will “continue our work while we look for a great fit to merge with in 2022.”\nSpecial-purpose acquisition companies, or SPACs, are blossoming. There are artificial-intelligence SPACs, green-energy SPACs and even at least two SPACs doing deals with sellers of outdoor cooking equipment. Celebrity SPACs are especially fertile. Shaquille O’Neal, Sammy Hagar, Alex Rodriguez, restaurateur Danny Meyer, and former House Speaker Paul Ryan each has a SPAC. The pitch to investors is that their star power, social-media following and financial contacts will help the company succeed.\nThe high-wattage fundraising is controversial; Securities and Exchange Commission chief Gary Gensler called out celebrity endorsements in a critique of SPAC marketing earlier this month and cautioned against “misleading hype.”\nMission Advancement went public in March and raised $345 million to acquire a company with a socially conscious bent. Mr. Kaepernick, who became a leader of the racial-justice movement since he went unsigned by National Football League teams after kneeling during the national anthem to protest issues such as police brutality, is Mission’s co-chairman along with Jahm Najafi, who runs a private-equity fund and is a minority owner in the National Basketball Association’s Phoenix Suns.\nLike all SPACs, Mission searches for a target with which it will merge, effectively taking that company public. By early fall, it had homed in on Change and by mid-December was on the cusp of a deal valuing the lender at about $1.1 billion, according to the people familiar with the matter and investor documents reviewed by The Wall Street Journal.\nBut the two sides found themselves at odds over whether and how Mr. Kaepernick would tap his celebrity status to promote it. When Change executives tried to schedule a sit-down with “Good Morning America,” where Mr. Kaepernick would likely have been pressed both about the business and on the protests that made him a controversial figure and stymied his NFL career, Mission executives pushed back.\nSuch an appearance would have been out of character for Mr. Kaepernick, who has never spoken about the issue in such a forum and has granted few interviews. Instead, he has cultivated his image through his social-justice initiatives and scripted appearances, most notably an advertising campaign withNikeInc.and a six-part documentary about his childhood that ran onNetflixInc.this fall.\nChange is what is known as a community development financial institution, a special regulatory designation for firms that lend to minority groups, rural residents and other communities that have trouble getting access to mainstream banking products. CDFIs receive financial support from the U.S. Treasury and often partner with big commercial banks. Many are nonprofits; Change isn’t.\nChange was founded in 2017 and is run by Mr. Sugarman, a former executive at the Banc of California. He left that company in an acrimonious dispute with the board.\nChange originated $7 billion in loans in 2020 and booked $113 million in profits, according to documents shown to prospective investors.\nWhen SPACs make an acquisition, they typically also raise new money from private investors, which validates the transaction and gives the company cash to fund its growth.\nMission, Change and their bankers fanned out to more than 100 potential investors, firms that might want a piece of a socially conscious deal or celebrities who might kick in their own fame and money. Mission executives often referred to Mr. Kaepernick as a once-in-a-generation cultural icon; both sides hoped his star power would bring in investors and corporate partners.\nActor Tyler Perry agreed to invest, one of the people familiar with the matter said, and the Atlanta firm that manages his money made a $1 million commitment, the documents show. Mr. Kaepernick’s cachet helped land more investors—WNBA stars Diana Taurasi and Maya Moore, music producer J. Cole, and rappers Quavo and Nas were in, according to the documents. But the commitments weren’t large, and some of the celebrity investors expected to be paid for any promotional efforts.\nThe sponsor group, Messrs. Kaepernick and Najafi, were set to contribute $10 million. Had the deal been completed, they would have received founder shares in the combined company worth about $80 million, according to the SPAC’s public filings. Mr. Kaepernick and the sponsor group also were going to donate up to one million shares, with a value near $10 million, to down-payment assistance efforts to support Black homeownership.\nBut big names on Wall Street, includingBlackRockInc.,Fidelity Investments and T. Rowe Price GroupInc.,which are among the most active SPAC investors, said no, according to the people familiar with the matter and documents reviewed by the Journal. The three declined to comment.\nSerena Williams’s venture fund passed, according to those documents. So did Oprah Winfrey’s money manager. Nike and venture firm Andreesen Horowitz, whose co-founder is listed on Mission’s website as an adviser, also looked at the deal and didn’t commit, the documents say.\n‘There is a real question about whether there is [a] halo effect that translates into investor dollars. We need to question that assumption.’\n— Steve Sugarman, The Change Co. chief executive\nThe week before Thanksgiving, executives from Mission and Change met with executives from Netflix. The streaming giant had just aired the Kaepernick documentary, and the year earlier it had moved $10 million of its cash holdings to Change as part of a pledge to support small lenders serving Black communities.\nBy the time the deal fell apart, Netflix hadn’t committed. Netflix declined to comment.\nMission ultimately had commitments for about two-thirds of the $100 million it was targeting, most of it from a pair of real-estate investment firms, Angelo Gordon and MFA FinancialInc.,the people familiar with the matter said.\n“There is a real question about whether there is [a] halo effect that translates into investor dollars,” Mr. Sugarman wrote in an email this month to Mission executives. “We need to question that assumption.”","news_type":1,"symbols_score_info":{"MACC":0.9}},"isVote":1,"tweetType":1,"viewCount":2743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698575169,"gmtCreate":1640482533571,"gmtModify":1640482562065,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698575169","repostId":"2194171798","repostType":4,"isVote":1,"tweetType":1,"viewCount":3031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698293431,"gmtCreate":1640398735428,"gmtModify":1640398752884,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698293431","repostId":"1130212885","repostType":4,"repost":{"id":"1130212885","kind":"news","pubTimestamp":1640397757,"share":"https://www.laohu8.com/m/news/1130212885?lang=zh_CN&edition=full","pubTime":"2021-12-25 10:02","market":"us","language":"en","title":"Scottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术TC BioPharm将交易规模降低40%，并在3000万美元美国IPO前增加认股权证</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130212885","media":"Renaissance Capital","summary":"TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies,","content":"<p>TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies, lowered the proposed deal size for its upcoming IPO on Thursday.</p><p><blockquote>TC BioPharm Holdings是一家开发同种异体γ-δ T细胞疗法的苏格兰二期生物技术公司，周四降低了其即将进行的IPO的拟议交易规模。</blockquote></p><p> The Holytown, UK-based company now plans to raise $30 million by offering 3.8 million ADSs at $8. The company is also offering 3.8 million warrants to purchase ADSs at $8, each with an exercise price of $10. The company had previously filed to offer 6.3 million shares at a range of $7 to $9. At the revised price, TC BioPharm Holdings will raise -40% less in proceeds than previously anticipated.<i>Because the company is now offering warrants, TC BioPharm is no longer eligible for tracking and will be excluded from Renaissance Capital's stats.</i></p><p><blockquote>这家总部位于英国霍利敦的公司目前计划通过以8美元的价格发行380万股ADS来筹集3000万美元。该公司还提供380万份认股权证，以8美元的价格购买ADS，每份认股权证的行权价为10美元。该公司此前曾申请以7至9美元的价格发行630万股股票。按照修订后的价格，TC BioPharm Holdings筹集的资金将比之前预期减少-40%。<i>由于该公司现在发行认股权证，TC BioPharm不再有资格进行跟踪，并将被排除在Renaissance Capital的统计数据之外。</i></blockquote></p><p> TC BioPharm (TCB) is focused on developing novel immunotherapies based on its proprietary allogeneic gamma-delta T cell (GD-T)&nbsp;platform. The company's Omnimmune program is expected to enter Phase 2-into-pivotal (Phase 3) trials in the 4Q21 for the treatment of acute myeloid leukemia (AML). The company plans to conduct similar trials for AML in the US following an application to the FDA in the 1H22. TCB is also developing a GD-T therapy for the treatment of COVID-19, with trials expected to start in the 4Q21, and genetically&nbsp;modified CAR-T therapies for solid cancers.</p><p><blockquote>TC BioPharm(TCB)专注于基于其专有的同种异体γ-δ T细胞(GD-T)平台开发新型免疫疗法。该公司的Omnimmune项目预计将在2021年第四季度进入2期至关键（3期）试验，用于治疗急性髓性白血病（AML）。该公司计划在2022年上半年向FDA提出申请后，在美国对AML进行类似的试验。TCB还在开发用于治疗COVID-19的GD-T疗法，预计将在2021年第四季度开始试验，以及用于实体癌的基因修饰CAR-T疗法。</blockquote></p><p> TC BioPharm Holdings was founded in 2013 and booked $3 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq under the symbol&nbsp;TCBP. EF Hutton is the sole bookrunner on the deal.</p><p><blockquote>TC BioPharm Holdings成立于2013年，截至2021年9月30日的12个月收入为300万美元。它计划在纳斯达克上市，股票代码为TCBP。EF Hutton是该交易的唯一账簿管理人。</blockquote></p><p></p>","source":"lsy1603787993745","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>Scottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术TC BioPharm将交易规模降低40%，并在3000万美元美国IPO前增加认股权证</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\">\nScottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术TC BioPharm将交易规模降低40%，并在3000万美元美国IPO前增加认股权证</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-12-25 10:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies, lowered the proposed deal size for its upcoming IPO on Thursday.</p><p><blockquote>TC BioPharm Holdings是一家开发同种异体γ-δ T细胞疗法的苏格兰二期生物技术公司，周四降低了其即将进行的IPO的拟议交易规模。</blockquote></p><p> The Holytown, UK-based company now plans to raise $30 million by offering 3.8 million ADSs at $8. The company is also offering 3.8 million warrants to purchase ADSs at $8, each with an exercise price of $10. The company had previously filed to offer 6.3 million shares at a range of $7 to $9. At the revised price, TC BioPharm Holdings will raise -40% less in proceeds than previously anticipated.<i>Because the company is now offering warrants, TC BioPharm is no longer eligible for tracking and will be excluded from Renaissance Capital's stats.</i></p><p><blockquote>这家总部位于英国霍利敦的公司目前计划通过以8美元的价格发行380万股ADS来筹集3000万美元。该公司还提供380万份认股权证，以8美元的价格购买ADS，每份认股权证的行权价为10美元。该公司此前曾申请以7至9美元的价格发行630万股股票。按照修订后的价格，TC BioPharm Holdings筹集的资金将比之前预期减少-40%。<i>由于该公司现在发行认股权证，TC BioPharm不再有资格进行跟踪，并将被排除在Renaissance Capital的统计数据之外。</i></blockquote></p><p> TC BioPharm (TCB) is focused on developing novel immunotherapies based on its proprietary allogeneic gamma-delta T cell (GD-T)&nbsp;platform. The company's Omnimmune program is expected to enter Phase 2-into-pivotal (Phase 3) trials in the 4Q21 for the treatment of acute myeloid leukemia (AML). The company plans to conduct similar trials for AML in the US following an application to the FDA in the 1H22. TCB is also developing a GD-T therapy for the treatment of COVID-19, with trials expected to start in the 4Q21, and genetically&nbsp;modified CAR-T therapies for solid cancers.</p><p><blockquote>TC BioPharm(TCB)专注于基于其专有的同种异体γ-δ T细胞(GD-T)平台开发新型免疫疗法。该公司的Omnimmune项目预计将在2021年第四季度进入2期至关键（3期）试验，用于治疗急性髓性白血病（AML）。该公司计划在2022年上半年向FDA提出申请后，在美国对AML进行类似的试验。TCB还在开发用于治疗COVID-19的GD-T疗法，预计将在2021年第四季度开始试验，以及用于实体癌的基因修饰CAR-T疗法。</blockquote></p><p> TC BioPharm Holdings was founded in 2013 and booked $3 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq under the symbol&nbsp;TCBP. EF Hutton is the sole bookrunner on the deal.</p><p><blockquote>TC BioPharm Holdings成立于2013年，截至2021年9月30日的12个月收入为300万美元。它计划在纳斯达克上市，股票代码为TCBP。EF Hutton是该交易的唯一账簿管理人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89799/Scottish-biotech-TC-BioPharm-lowers-deal-size-by-40-adds-warrants-ahead-of-\">Renaissance Capital</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":{},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89799/Scottish-biotech-TC-BioPharm-lowers-deal-size-by-40-adds-warrants-ahead-of-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130212885","content_text":"TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies, lowered the proposed deal size for its upcoming IPO on Thursday.\nThe Holytown, UK-based company now plans to raise $30 million by offering 3.8 million ADSs at $8. The company is also offering 3.8 million warrants to purchase ADSs at $8, each with an exercise price of $10. The company had previously filed to offer 6.3 million shares at a range of $7 to $9. At the revised price, TC BioPharm Holdings will raise -40% less in proceeds than previously anticipated.Because the company is now offering warrants, TC BioPharm is no longer eligible for tracking and will be excluded from Renaissance Capital's stats.\nTC BioPharm (TCB) is focused on developing novel immunotherapies based on its proprietary allogeneic gamma-delta T cell (GD-T) platform. The company's Omnimmune program is expected to enter Phase 2-into-pivotal (Phase 3) trials in the 4Q21 for the treatment of acute myeloid leukemia (AML). The company plans to conduct similar trials for AML in the US following an application to the FDA in the 1H22. TCB is also developing a GD-T therapy for the treatment of COVID-19, with trials expected to start in the 4Q21, and genetically modified CAR-T therapies for solid cancers.\nTC BioPharm Holdings was founded in 2013 and booked $3 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq under the symbol TCBP. EF Hutton is the sole bookrunner on the deal.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698299550,"gmtCreate":1640398613485,"gmtModify":1640398750146,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/698299550","repostId":"1130212885","repostType":4,"repost":{"id":"1130212885","kind":"news","pubTimestamp":1640397757,"share":"https://www.laohu8.com/m/news/1130212885?lang=zh_CN&edition=full","pubTime":"2021-12-25 10:02","market":"us","language":"en","title":"Scottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术TC BioPharm将交易规模降低40%，并在3000万美元美国IPO前增加认股权证</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130212885","media":"Renaissance Capital","summary":"TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies,","content":"<p>TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies, lowered the proposed deal size for its upcoming IPO on Thursday.</p><p><blockquote>TC BioPharm Holdings是一家开发同种异体γ-δ T细胞疗法的苏格兰二期生物技术公司，周四降低了其即将进行的IPO的拟议交易规模。</blockquote></p><p> The Holytown, UK-based company now plans to raise $30 million by offering 3.8 million ADSs at $8. The company is also offering 3.8 million warrants to purchase ADSs at $8, each with an exercise price of $10. The company had previously filed to offer 6.3 million shares at a range of $7 to $9. At the revised price, TC BioPharm Holdings will raise -40% less in proceeds than previously anticipated.<i>Because the company is now offering warrants, TC BioPharm is no longer eligible for tracking and will be excluded from Renaissance Capital's stats.</i></p><p><blockquote>这家总部位于英国霍利敦的公司目前计划通过以8美元的价格发行380万股ADS来筹集3000万美元。该公司还提供380万份认股权证，以8美元的价格购买ADS，每份认股权证的行权价为10美元。该公司此前曾申请以7至9美元的价格发行630万股股票。按照修订后的价格，TC BioPharm Holdings筹集的资金将比之前预期减少-40%。<i>由于该公司现在发行认股权证，TC BioPharm不再有资格进行跟踪，并将被排除在Renaissance Capital的统计数据之外。</i></blockquote></p><p> TC BioPharm (TCB) is focused on developing novel immunotherapies based on its proprietary allogeneic gamma-delta T cell (GD-T)&nbsp;platform. The company's Omnimmune program is expected to enter Phase 2-into-pivotal (Phase 3) trials in the 4Q21 for the treatment of acute myeloid leukemia (AML). The company plans to conduct similar trials for AML in the US following an application to the FDA in the 1H22. TCB is also developing a GD-T therapy for the treatment of COVID-19, with trials expected to start in the 4Q21, and genetically&nbsp;modified CAR-T therapies for solid cancers.</p><p><blockquote>TC BioPharm(TCB)专注于基于其专有的同种异体γ-δ T细胞(GD-T)平台开发新型免疫疗法。该公司的Omnimmune项目预计将在2021年第四季度进入2期至关键（3期）试验，用于治疗急性髓性白血病（AML）。该公司计划在2022年上半年向FDA提出申请后，在美国对AML进行类似的试验。TCB还在开发用于治疗COVID-19的GD-T疗法，预计将在2021年第四季度开始试验，以及用于实体癌的基因修饰CAR-T疗法。</blockquote></p><p> TC BioPharm Holdings was founded in 2013 and booked $3 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq under the symbol&nbsp;TCBP. EF Hutton is the sole bookrunner on the deal.</p><p><blockquote>TC BioPharm Holdings成立于2013年，截至2021年9月30日的12个月收入为300万美元。它计划在纳斯达克上市，股票代码为TCBP。EF Hutton是该交易的唯一账簿管理人。</blockquote></p><p></p>","source":"lsy1603787993745","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>Scottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术TC BioPharm将交易规模降低40%，并在3000万美元美国IPO前增加认股权证</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\">\nScottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术TC BioPharm将交易规模降低40%，并在3000万美元美国IPO前增加认股权证</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-12-25 10:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies, lowered the proposed deal size for its upcoming IPO on Thursday.</p><p><blockquote>TC BioPharm Holdings是一家开发同种异体γ-δ T细胞疗法的苏格兰二期生物技术公司，周四降低了其即将进行的IPO的拟议交易规模。</blockquote></p><p> The Holytown, UK-based company now plans to raise $30 million by offering 3.8 million ADSs at $8. The company is also offering 3.8 million warrants to purchase ADSs at $8, each with an exercise price of $10. The company had previously filed to offer 6.3 million shares at a range of $7 to $9. At the revised price, TC BioPharm Holdings will raise -40% less in proceeds than previously anticipated.<i>Because the company is now offering warrants, TC BioPharm is no longer eligible for tracking and will be excluded from Renaissance Capital's stats.</i></p><p><blockquote>这家总部位于英国霍利敦的公司目前计划通过以8美元的价格发行380万股ADS来筹集3000万美元。该公司还提供380万份认股权证，以8美元的价格购买ADS，每份认股权证的行权价为10美元。该公司此前曾申请以7至9美元的价格发行630万股股票。按照修订后的价格，TC BioPharm Holdings筹集的资金将比之前预期减少-40%。<i>由于该公司现在发行认股权证，TC BioPharm不再有资格进行跟踪，并将被排除在Renaissance Capital的统计数据之外。</i></blockquote></p><p> TC BioPharm (TCB) is focused on developing novel immunotherapies based on its proprietary allogeneic gamma-delta T cell (GD-T)&nbsp;platform. The company's Omnimmune program is expected to enter Phase 2-into-pivotal (Phase 3) trials in the 4Q21 for the treatment of acute myeloid leukemia (AML). The company plans to conduct similar trials for AML in the US following an application to the FDA in the 1H22. TCB is also developing a GD-T therapy for the treatment of COVID-19, with trials expected to start in the 4Q21, and genetically&nbsp;modified CAR-T therapies for solid cancers.</p><p><blockquote>TC BioPharm(TCB)专注于基于其专有的同种异体γ-δ T细胞(GD-T)平台开发新型免疫疗法。该公司的Omnimmune项目预计将在2021年第四季度进入2期至关键（3期）试验，用于治疗急性髓性白血病（AML）。该公司计划在2022年上半年向FDA提出申请后，在美国对AML进行类似的试验。TCB还在开发用于治疗COVID-19的GD-T疗法，预计将在2021年第四季度开始试验，以及用于实体癌的基因修饰CAR-T疗法。</blockquote></p><p> TC BioPharm Holdings was founded in 2013 and booked $3 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq under the symbol&nbsp;TCBP. EF Hutton is the sole bookrunner on the deal.</p><p><blockquote>TC BioPharm Holdings成立于2013年，截至2021年9月30日的12个月收入为300万美元。它计划在纳斯达克上市，股票代码为TCBP。EF Hutton是该交易的唯一账簿管理人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89799/Scottish-biotech-TC-BioPharm-lowers-deal-size-by-40-adds-warrants-ahead-of-\">Renaissance Capital</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":{},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89799/Scottish-biotech-TC-BioPharm-lowers-deal-size-by-40-adds-warrants-ahead-of-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130212885","content_text":"TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies, lowered the proposed deal size for its upcoming IPO on Thursday.\nThe Holytown, UK-based company now plans to raise $30 million by offering 3.8 million ADSs at $8. The company is also offering 3.8 million warrants to purchase ADSs at $8, each with an exercise price of $10. The company had previously filed to offer 6.3 million shares at a range of $7 to $9. At the revised price, TC BioPharm Holdings will raise -40% less in proceeds than previously anticipated.Because the company is now offering warrants, TC BioPharm is no longer eligible for tracking and will be excluded from Renaissance Capital's stats.\nTC BioPharm (TCB) is focused on developing novel immunotherapies based on its proprietary allogeneic gamma-delta T cell (GD-T) platform. The company's Omnimmune program is expected to enter Phase 2-into-pivotal (Phase 3) trials in the 4Q21 for the treatment of acute myeloid leukemia (AML). The company plans to conduct similar trials for AML in the US following an application to the FDA in the 1H22. TCB is also developing a GD-T therapy for the treatment of COVID-19, with trials expected to start in the 4Q21, and genetically modified CAR-T therapies for solid cancers.\nTC BioPharm Holdings was founded in 2013 and booked $3 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq under the symbol TCBP. EF Hutton is the sole bookrunner on the deal.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":957,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698308761,"gmtCreate":1640300016835,"gmtModify":1640300177077,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698308761","repostId":"1152565085","repostType":4,"repost":{"id":"1152565085","kind":"news","pubTimestamp":1640272176,"share":"https://www.laohu8.com/m/news/1152565085?lang=zh_CN&edition=full","pubTime":"2021-12-23 23:09","market":"us","language":"en","title":"Intel to Expand in France, Germany and Italy in Comeback<blockquote>英特尔将在法国、德国和意大利扩张</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152565085","media":"Bloomberg","summary":"(Bloomberg) -- Intel Corp.’s global push to increase capacity will include adding facilities in Fran","content":"<p>(Bloomberg) -- Intel Corp.’s global push to increase capacity will include adding facilities in France and Italy, as well as putting a major production site in Germany, according to people familiar with negotiations.</p><p><blockquote>（彭博社）-据知情人士透露，英特尔公司在全球范围内提高产能的努力将包括在法国和意大利增加工厂，以及在德国建立一个主要生产基地。</blockquote></p><p> France will be home to a research and design center, and Italy will be the location of a test and assembly factory, according to the people, who asked not to be identified because the plan hasn’t been announced. The main wafer fabrication plant, or fab, will likely be built in Germany, according to the people. Altogether, the expansion will cost tens of billions of dollars.</p><p><blockquote>据知情人士透露，法国将成为研究和设计中心的所在地，意大利将成为测试和组装工厂的所在地。由于该计划尚未公布，这些知情人士要求匿名。据知情人士透露，主要的晶圆制造厂（fab）可能会建在德国。总的来说，扩建将耗资数百亿美元。</blockquote></p><p> Chief Executive Officer Pat Gelsinger is trying to restore the world’s largest chipmaker to its former glory. The company has lost its technological edge to rivals and ceded market share -- something the spending binge is meant to address. Gelsinger also wants to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturing dominance.</p><p><blockquote>首席执行官帕特·基辛格(Pat Gelsinger)正试图让这家全球最大的芯片制造商恢复昔日的辉煌。该公司已经将技术优势输给了竞争对手，并放弃了市场份额——这正是支出狂潮旨在解决的问题。基辛格还希望将更多生产带回美国和欧洲，平衡亚洲的制造业主导地位。</blockquote></p><p> Representatives of the French, German and Italian governments declined to comment, as did Intel spokespeople in Europe and the U.S.</p><p><blockquote>法国、德国和意大利政府代表拒绝置评，英特尔在欧洲和美国的发言人也拒绝置评。</blockquote></p><p> For Europe, the move would slow its decline as a manufacturing base in the $400 billion chip industry. The U.S. company has an existing plant in Ireland and there are older former Advanced Micro Devices Inc. processor factories that are owned by Globalfoundries Inc. in Dresden, Germany. But European manufacturers typically don’t make the kind of advanced logic chips that are regarded as the state of the art in the industry.</p><p><blockquote>对于欧洲来说，此举将减缓其作为4000亿美元芯片行业制造基地的衰落。这家美国公司在爱尔兰有一家现有工厂，在德国德累斯顿还有Globalfoundries Inc.拥有的较老的前Advanced Micro Devices Inc.处理器工厂。但欧洲制造商通常不生产被视为业内最先进的先进逻辑芯片。</blockquote></p><p> NXP Semiconductors NV and STMicroelectronics NV are the continent’s two largest homegrown chipmakers. They focus on parts for cars and other equipment -- rather than the advanced computer processors that are Intel’s specialty.</p><p><blockquote>恩智浦半导体公司和意法半导体公司是非洲大陆最大的两家本土芯片制造商。他们专注于汽车和其他设备的零部件，而不是英特尔擅长的先进计算机处理器。</blockquote></p><p> A global chip shortage also has renewed concerns about the concentration of production in Asia. Manufacturers such as Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics Co. have grown increasingly deft at producing chips, forcing Intel to play catch-up. Gelsinger has argued that spreading manufacturing around the world will help avoid the kinds of supply constraints that have hobbled whole industries this year, including automakers.</p><p><blockquote>全球芯片短缺也重新引发了人们对生产集中在亚洲的担忧。台积电公司和三星电子公司等制造商在生产芯片方面越来越熟练，迫使英特尔奋起直追。基辛格认为，将制造业扩展到世界各地将有助于避免今年阻碍包括汽车制造商在内的整个行业的供应限制。</blockquote></p><p> Part of Gelsinger’s plan is to build factories that make chips for other companies, directly rivaling TSMC in the so-called foundry business. Until now, Intel has typically only manufactured chips of its own design.</p><p><blockquote>基辛格计划的一部分是建立为其他公司制造芯片的工厂，在所谓的代工业务上直接与台积电竞争。到目前为止，英特尔通常只制造自己设计的芯片。</blockquote></p><p> To help fund his ambitions, he’s called on lawmakers on both sides of the Atlantic to give public money in the form of tax breaks and grants to chipmakers willing to build plants in Europe and the U.S.</p><p><blockquote>为了资助他的雄心，他呼吁大西洋两岸的立法者以税收减免和拨款的形式向愿意在欧洲和美国建厂的芯片制造商提供公共资金。</blockquote></p><p> By spreading around Intel’s spending, Gelsinger may be trying to placate as many EU members as he can to try to make sure that none of them try to object any central funding that’s made available. But the plans aren’t final yet. The mega-fab will likely be built in Saxony, with German regions of Saxony-Anhalt and Bavaria also in the running for the new factory.</p><p><blockquote>通过分散英特尔的支出，基辛格可能试图安抚尽可能多的欧盟成员国，以确保他们中没有人试图反对任何可用的中央资金。但是计划还没有最终确定。该大型工厂可能会建在萨克森州，德国萨克森-安哈尔特州和巴伐利亚州也在争夺新工厂。</blockquote></p><p> Intel’s ambitious new ventures could bring thousands of jobs. The company is also planning to create 4,000 jobs in Malaysia via a $7.1 billion investment in new chip packaging facilities.</p><p><blockquote>英特尔雄心勃勃的新企业可能会带来数千个就业机会。该公司还计划通过投资71亿美元建设新的芯片封装设施，在马来西亚创造4,000个就业岗位。</blockquote></p><p> Intel’s shares increased 1.2% in early trading Thursday.</p><p><blockquote>英特尔股价周四早盘上涨1.2%。</blockquote></p><p> Even with the potential government help, Intel is budgeting as much as $28 billion for new plants and equipment in 2022, up from roughly $18 billion this year. The spending plans have jarred investors, who worry about the toll on profit. But the massive increase in expenditures will only put Intel on course to keep up with TSMC and Samsung’s spending.</p><p><blockquote>即使有政府的潜在帮助，英特尔2022年的新工厂和设备预算仍高达280亿美元，高于今年的约180亿美元。这些支出计划令投资者感到不安，他们担心利润会受到影响。但支出的大幅增加只会让英特尔跟上台积电和三星的支出。</blockquote></p><p> Shares of Intel, based in Santa Clara, California, have gained just 2.3% this year -- even as its peers have enjoyed boom times. The Philadelphia Stock Exchange Semiconductor Index has climbed 39%, with companies such as Nvidia Corp. more than doubling.</p><p><blockquote>总部位于加利福尼亚州圣克拉拉的英特尔股价今年仅上涨了2.3%，尽管其同行经历了繁荣时期。费城证券交易所半导体指数上涨了39%，英伟达公司等公司的股价上涨了一倍多。</blockquote></p><p> State-of-the art chip production plants cost more than $20 billion, and their most expensive component -- machinery -- is usually obsolete within five years. The German plant could have a price tag in that range. The Italian test and assembly plant, meanwhile, will cost around $10 billion. Intel and government officials there are still negotiating on the site, with Sicily being one area under consideration, according to one of the people familiar with the situation.</p><p><blockquote>最先进的芯片生产厂耗资超过200亿美元，其最昂贵的部件——机械——通常会在五年内过时。德国工厂的价格标签可能在这个范围内。与此同时，意大利测试和装配厂将耗资约100亿美元。据一位知情人士透露，英特尔和那里的政府官员仍在就该地点进行谈判，西西里岛是正在考虑的地区之一。</blockquote></p><p> The French R&amp;D center may be built in either Paris or Grenoble, according to another person. Such facilities typically cost only a fraction of the amount needed to build a factory.</p><p><blockquote>另一位人士称，法国研发中心可能建在巴黎或格勒诺布尔。此类设施的成本通常仅为建造工厂所需费用的一小部分。</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>Intel to Expand in France, Germany and Italy in Comeback<blockquote>英特尔将在法国、德国和意大利扩张</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\">\nIntel to Expand in France, Germany and Italy in Comeback<blockquote>英特尔将在法国、德国和意大利扩张</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-12-23 23:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- Intel Corp.’s global push to increase capacity will include adding facilities in France and Italy, as well as putting a major production site in Germany, according to people familiar with negotiations.</p><p><blockquote>（彭博社）-据知情人士透露，英特尔公司在全球范围内提高产能的努力将包括在法国和意大利增加工厂，以及在德国建立一个主要生产基地。</blockquote></p><p> France will be home to a research and design center, and Italy will be the location of a test and assembly factory, according to the people, who asked not to be identified because the plan hasn’t been announced. The main wafer fabrication plant, or fab, will likely be built in Germany, according to the people. Altogether, the expansion will cost tens of billions of dollars.</p><p><blockquote>据知情人士透露，法国将成为研究和设计中心的所在地，意大利将成为测试和组装工厂的所在地。由于该计划尚未公布，这些知情人士要求匿名。据知情人士透露，主要的晶圆制造厂（fab）可能会建在德国。总的来说，扩建将耗资数百亿美元。</blockquote></p><p> Chief Executive Officer Pat Gelsinger is trying to restore the world’s largest chipmaker to its former glory. The company has lost its technological edge to rivals and ceded market share -- something the spending binge is meant to address. Gelsinger also wants to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturing dominance.</p><p><blockquote>首席执行官帕特·基辛格(Pat Gelsinger)正试图让这家全球最大的芯片制造商恢复昔日的辉煌。该公司已经将技术优势输给了竞争对手，并放弃了市场份额——这正是支出狂潮旨在解决的问题。基辛格还希望将更多生产带回美国和欧洲，平衡亚洲的制造业主导地位。</blockquote></p><p> Representatives of the French, German and Italian governments declined to comment, as did Intel spokespeople in Europe and the U.S.</p><p><blockquote>法国、德国和意大利政府代表拒绝置评，英特尔在欧洲和美国的发言人也拒绝置评。</blockquote></p><p> For Europe, the move would slow its decline as a manufacturing base in the $400 billion chip industry. The U.S. company has an existing plant in Ireland and there are older former Advanced Micro Devices Inc. processor factories that are owned by Globalfoundries Inc. in Dresden, Germany. But European manufacturers typically don’t make the kind of advanced logic chips that are regarded as the state of the art in the industry.</p><p><blockquote>对于欧洲来说，此举将减缓其作为4000亿美元芯片行业制造基地的衰落。这家美国公司在爱尔兰有一家现有工厂，在德国德累斯顿还有Globalfoundries Inc.拥有的较老的前Advanced Micro Devices Inc.处理器工厂。但欧洲制造商通常不生产被视为业内最先进的先进逻辑芯片。</blockquote></p><p> NXP Semiconductors NV and STMicroelectronics NV are the continent’s two largest homegrown chipmakers. They focus on parts for cars and other equipment -- rather than the advanced computer processors that are Intel’s specialty.</p><p><blockquote>恩智浦半导体公司和意法半导体公司是非洲大陆最大的两家本土芯片制造商。他们专注于汽车和其他设备的零部件，而不是英特尔擅长的先进计算机处理器。</blockquote></p><p> A global chip shortage also has renewed concerns about the concentration of production in Asia. Manufacturers such as Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics Co. have grown increasingly deft at producing chips, forcing Intel to play catch-up. Gelsinger has argued that spreading manufacturing around the world will help avoid the kinds of supply constraints that have hobbled whole industries this year, including automakers.</p><p><blockquote>全球芯片短缺也重新引发了人们对生产集中在亚洲的担忧。台积电公司和三星电子公司等制造商在生产芯片方面越来越熟练，迫使英特尔奋起直追。基辛格认为，将制造业扩展到世界各地将有助于避免今年阻碍包括汽车制造商在内的整个行业的供应限制。</blockquote></p><p> Part of Gelsinger’s plan is to build factories that make chips for other companies, directly rivaling TSMC in the so-called foundry business. Until now, Intel has typically only manufactured chips of its own design.</p><p><blockquote>基辛格计划的一部分是建立为其他公司制造芯片的工厂，在所谓的代工业务上直接与台积电竞争。到目前为止，英特尔通常只制造自己设计的芯片。</blockquote></p><p> To help fund his ambitions, he’s called on lawmakers on both sides of the Atlantic to give public money in the form of tax breaks and grants to chipmakers willing to build plants in Europe and the U.S.</p><p><blockquote>为了资助他的雄心，他呼吁大西洋两岸的立法者以税收减免和拨款的形式向愿意在欧洲和美国建厂的芯片制造商提供公共资金。</blockquote></p><p> By spreading around Intel’s spending, Gelsinger may be trying to placate as many EU members as he can to try to make sure that none of them try to object any central funding that’s made available. But the plans aren’t final yet. The mega-fab will likely be built in Saxony, with German regions of Saxony-Anhalt and Bavaria also in the running for the new factory.</p><p><blockquote>通过分散英特尔的支出，基辛格可能试图安抚尽可能多的欧盟成员国，以确保他们中没有人试图反对任何可用的中央资金。但是计划还没有最终确定。该大型工厂可能会建在萨克森州，德国萨克森-安哈尔特州和巴伐利亚州也在争夺新工厂。</blockquote></p><p> Intel’s ambitious new ventures could bring thousands of jobs. The company is also planning to create 4,000 jobs in Malaysia via a $7.1 billion investment in new chip packaging facilities.</p><p><blockquote>英特尔雄心勃勃的新企业可能会带来数千个就业机会。该公司还计划通过投资71亿美元建设新的芯片封装设施，在马来西亚创造4,000个就业岗位。</blockquote></p><p> Intel’s shares increased 1.2% in early trading Thursday.</p><p><blockquote>英特尔股价周四早盘上涨1.2%。</blockquote></p><p> Even with the potential government help, Intel is budgeting as much as $28 billion for new plants and equipment in 2022, up from roughly $18 billion this year. The spending plans have jarred investors, who worry about the toll on profit. But the massive increase in expenditures will only put Intel on course to keep up with TSMC and Samsung’s spending.</p><p><blockquote>即使有政府的潜在帮助，英特尔2022年的新工厂和设备预算仍高达280亿美元，高于今年的约180亿美元。这些支出计划令投资者感到不安，他们担心利润会受到影响。但支出的大幅增加只会让英特尔跟上台积电和三星的支出。</blockquote></p><p> Shares of Intel, based in Santa Clara, California, have gained just 2.3% this year -- even as its peers have enjoyed boom times. The Philadelphia Stock Exchange Semiconductor Index has climbed 39%, with companies such as Nvidia Corp. more than doubling.</p><p><blockquote>总部位于加利福尼亚州圣克拉拉的英特尔股价今年仅上涨了2.3%，尽管其同行经历了繁荣时期。费城证券交易所半导体指数上涨了39%，英伟达公司等公司的股价上涨了一倍多。</blockquote></p><p> State-of-the art chip production plants cost more than $20 billion, and their most expensive component -- machinery -- is usually obsolete within five years. The German plant could have a price tag in that range. The Italian test and assembly plant, meanwhile, will cost around $10 billion. Intel and government officials there are still negotiating on the site, with Sicily being one area under consideration, according to one of the people familiar with the situation.</p><p><blockquote>最先进的芯片生产厂耗资超过200亿美元，其最昂贵的部件——机械——通常会在五年内过时。德国工厂的价格标签可能在这个范围内。与此同时，意大利测试和装配厂将耗资约100亿美元。据一位知情人士透露，英特尔和那里的政府官员仍在就该地点进行谈判，西西里岛是正在考虑的地区之一。</blockquote></p><p> The French R&amp;D center may be built in either Paris or Grenoble, according to another person. Such facilities typically cost only a fraction of the amount needed to build a factory.</p><p><blockquote>另一位人士称，法国研发中心可能建在巴黎或格勒诺布尔。此类设施的成本通常仅为建造工厂所需费用的一小部分。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/intel-expand-france-germany-italy-091904071.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":{"INTC":"英特尔"},"source_url":"https://finance.yahoo.com/news/intel-expand-france-germany-italy-091904071.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152565085","content_text":"(Bloomberg) -- Intel Corp.’s global push to increase capacity will include adding facilities in France and Italy, as well as putting a major production site in Germany, according to people familiar with negotiations.\nFrance will be home to a research and design center, and Italy will be the location of a test and assembly factory, according to the people, who asked not to be identified because the plan hasn’t been announced. The main wafer fabrication plant, or fab, will likely be built in Germany, according to the people. Altogether, the expansion will cost tens of billions of dollars.\nChief Executive Officer Pat Gelsinger is trying to restore the world’s largest chipmaker to its former glory. The company has lost its technological edge to rivals and ceded market share -- something the spending binge is meant to address. Gelsinger also wants to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturing dominance.\nRepresentatives of the French, German and Italian governments declined to comment, as did Intel spokespeople in Europe and the U.S.\nFor Europe, the move would slow its decline as a manufacturing base in the $400 billion chip industry. The U.S. company has an existing plant in Ireland and there are older former Advanced Micro Devices Inc. processor factories that are owned by Globalfoundries Inc. in Dresden, Germany. But European manufacturers typically don’t make the kind of advanced logic chips that are regarded as the state of the art in the industry.\nNXP Semiconductors NV and STMicroelectronics NV are the continent’s two largest homegrown chipmakers. They focus on parts for cars and other equipment -- rather than the advanced computer processors that are Intel’s specialty.\nA global chip shortage also has renewed concerns about the concentration of production in Asia. Manufacturers such as Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics Co. have grown increasingly deft at producing chips, forcing Intel to play catch-up. Gelsinger has argued that spreading manufacturing around the world will help avoid the kinds of supply constraints that have hobbled whole industries this year, including automakers.\nPart of Gelsinger’s plan is to build factories that make chips for other companies, directly rivaling TSMC in the so-called foundry business. Until now, Intel has typically only manufactured chips of its own design.\nTo help fund his ambitions, he’s called on lawmakers on both sides of the Atlantic to give public money in the form of tax breaks and grants to chipmakers willing to build plants in Europe and the U.S.\nBy spreading around Intel’s spending, Gelsinger may be trying to placate as many EU members as he can to try to make sure that none of them try to object any central funding that’s made available. But the plans aren’t final yet. The mega-fab will likely be built in Saxony, with German regions of Saxony-Anhalt and Bavaria also in the running for the new factory.\nIntel’s ambitious new ventures could bring thousands of jobs. The company is also planning to create 4,000 jobs in Malaysia via a $7.1 billion investment in new chip packaging facilities.\nIntel’s shares increased 1.2% in early trading Thursday.\nEven with the potential government help, Intel is budgeting as much as $28 billion for new plants and equipment in 2022, up from roughly $18 billion this year. The spending plans have jarred investors, who worry about the toll on profit. But the massive increase in expenditures will only put Intel on course to keep up with TSMC and Samsung’s spending.\nShares of Intel, based in Santa Clara, California, have gained just 2.3% this year -- even as its peers have enjoyed boom times. The Philadelphia Stock Exchange Semiconductor Index has climbed 39%, with companies such as Nvidia Corp. more than doubling.\nState-of-the art chip production plants cost more than $20 billion, and their most expensive component -- machinery -- is usually obsolete within five years. The German plant could have a price tag in that range. The Italian test and assembly plant, meanwhile, will cost around $10 billion. Intel and government officials there are still negotiating on the site, with Sicily being one area under consideration, according to one of the people familiar with the situation.\nThe French R&D center may be built in either Paris or Grenoble, according to another person. Such facilities typically cost only a fraction of the amount needed to build a factory.","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":981,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691490336,"gmtCreate":1640225761938,"gmtModify":1640225946148,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691490336","repostId":"1102948040","repostType":4,"repost":{"id":"1102948040","kind":"news","pubTimestamp":1640224094,"share":"https://www.laohu8.com/m/news/1102948040?lang=zh_CN&edition=full","pubTime":"2021-12-23 09:48","market":"us","language":"en","title":"Pinterest Stock Has Slumped. Why One Analyst Doesn’t See Much of a Rebound.<blockquote>Pinterest股价暴跌。为什么一位分析师认为不会出现太大反弹。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102948040","media":"Barrons","summary":"Pinterest stock has shed nearly half its value in the past six months. An analyst at Citi Research j","content":"<p>Pinterest&nbsp;stock has shed nearly half its value in the past six months. An analyst at Citi Research just trimmed his expectations.</p><p><blockquote>过去六个月，Pinterest股价下跌了近一半。花旗研究部的一位分析师刚刚下调了他的预期。</blockquote></p><p> Shares of the image-sharing platform losed&nbsp;up 1.4%, at $37.26&nbsp;on&nbsp;Wednesday, while the&nbsp;S&amp;P 500 index&nbsp;rose 1%. The stock has fallen about 50% in the past six months, as investors largely steered clear of social-media platforms.</p><p><blockquote>周三，该图像共享平台股价下跌1.4%，至37.26美元，而标准普尔500指数上涨1%。由于投资者基本上避开社交媒体平台，该股在过去六个月内下跌了约50%。</blockquote></p><p> Citi Research analyst Jason Bazinet cut his target price to $42 from $48 in a note on Wednesday. He has a Neutral rating. He says the lower target better reflects the company’s growth prospects relative to social-media peers, and he sees limited upside from recent levels.</p><p><blockquote>花旗研究分析师Jason Bazinet在周三的一份报告中将目标价从48美元下调至42美元。他的评级为中性。他表示，较低的目标更好地反映了该公司相对于社交媒体同行的增长前景，并且他认为较近期水平的上涨空间有限。</blockquote></p><p> “The company continues to improve U.S. monetization, while also executing on its early efforts to monetize its large non-U.S. user base,” he wrote. “Additionally, 2021 Street estimates look reasonable to us. As such, we believe Pinterest’s growth opportunities are priced in at current levels.”</p><p><blockquote>他写道：“该公司不断提高美国的货币化水平，同时也在早期努力让其大型非美国用户群体货币化。”“此外，我们认为2021年街道的估计是合理的。因此，我们相信Pinterest的增长机会是以目前的水平定价的。”</blockquote></p><p> Pinterest shares (ticker: PINS) surged in October amid reports about a potential acquisition by&nbsp;PayPal Holdings&nbsp;(PYPL). But the payments firm poured cold water on such a deal when it disclosed on Oct. 24 that it wasn’t pursuing an acquisition “at this time.” Pinterest stock sank on the news.</p><p><blockquote>由于有报道称PayPal控股公司(PYPL)可能进行收购，Pinterest股价（股票代码：PINS）在10月份飙升。但这家支付公司在10月24日披露“目前”不寻求收购，给这样的交易泼了一盆冷水。受此消息影响，Pinterest股价下跌。</blockquote></p><p> Of the 30 analysts covering Pinterest stock, 12 have Buy or equivalent ratings, while 17 have Hold or equivalent ratings, according to FactSet. One analyst has a Sell rating. That said, the mean target price is $53.62, meaning more analysts will need to follow Bazinet and adjust their price targets if they don’t opt to call shares a Buy.</p><p><blockquote>FactSet的数据显示，在研究Pinterest股票的30名分析师中，12名给予买入或同等评级，17名给予持有或同等评级。一位分析师给予卖出评级。也就是说，平均目标价为53.62美元，这意味着如果更多分析师不选择买入看涨期权股票，他们将需要关注Bazinet并调整目标价。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pinterest Stock Has Slumped. Why One Analyst Doesn’t See Much of a Rebound.<blockquote>Pinterest股价暴跌。为什么一位分析师认为不会出现太大反弹。</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\">\nPinterest Stock Has Slumped. Why One Analyst Doesn’t See Much of a Rebound.<blockquote>Pinterest股价暴跌。为什么一位分析师认为不会出现太大反弹。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-23 09:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Pinterest&nbsp;stock has shed nearly half its value in the past six months. An analyst at Citi Research just trimmed his expectations.</p><p><blockquote>过去六个月，Pinterest股价下跌了近一半。花旗研究部的一位分析师刚刚下调了他的预期。</blockquote></p><p> Shares of the image-sharing platform losed&nbsp;up 1.4%, at $37.26&nbsp;on&nbsp;Wednesday, while the&nbsp;S&amp;P 500 index&nbsp;rose 1%. The stock has fallen about 50% in the past six months, as investors largely steered clear of social-media platforms.</p><p><blockquote>周三，该图像共享平台股价下跌1.4%，至37.26美元，而标准普尔500指数上涨1%。由于投资者基本上避开社交媒体平台，该股在过去六个月内下跌了约50%。</blockquote></p><p> Citi Research analyst Jason Bazinet cut his target price to $42 from $48 in a note on Wednesday. He has a Neutral rating. He says the lower target better reflects the company’s growth prospects relative to social-media peers, and he sees limited upside from recent levels.</p><p><blockquote>花旗研究分析师Jason Bazinet在周三的一份报告中将目标价从48美元下调至42美元。他的评级为中性。他表示，较低的目标更好地反映了该公司相对于社交媒体同行的增长前景，并且他认为较近期水平的上涨空间有限。</blockquote></p><p> “The company continues to improve U.S. monetization, while also executing on its early efforts to monetize its large non-U.S. user base,” he wrote. “Additionally, 2021 Street estimates look reasonable to us. As such, we believe Pinterest’s growth opportunities are priced in at current levels.”</p><p><blockquote>他写道：“该公司不断提高美国的货币化水平，同时也在早期努力让其大型非美国用户群体货币化。”“此外，我们认为2021年街道的估计是合理的。因此，我们相信Pinterest的增长机会是以目前的水平定价的。”</blockquote></p><p> Pinterest shares (ticker: PINS) surged in October amid reports about a potential acquisition by&nbsp;PayPal Holdings&nbsp;(PYPL). But the payments firm poured cold water on such a deal when it disclosed on Oct. 24 that it wasn’t pursuing an acquisition “at this time.” Pinterest stock sank on the news.</p><p><blockquote>由于有报道称PayPal控股公司(PYPL)可能进行收购，Pinterest股价（股票代码：PINS）在10月份飙升。但这家支付公司在10月24日披露“目前”不寻求收购，给这样的交易泼了一盆冷水。受此消息影响，Pinterest股价下跌。</blockquote></p><p> Of the 30 analysts covering Pinterest stock, 12 have Buy or equivalent ratings, while 17 have Hold or equivalent ratings, according to FactSet. One analyst has a Sell rating. That said, the mean target price is $53.62, meaning more analysts will need to follow Bazinet and adjust their price targets if they don’t opt to call shares a Buy.</p><p><blockquote>FactSet的数据显示，在研究Pinterest股票的30名分析师中，12名给予买入或同等评级，17名给予持有或同等评级。一位分析师给予卖出评级。也就是说，平均目标价为53.62美元，这意味着如果更多分析师不选择买入看涨期权股票，他们将需要关注Bazinet并调整目标价。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/pinterest-stock-has-slumped-why-one-analyst-doesnt-see-much-of-a-rebound-51640204997?mod=hp_LATEST\">Barrons</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."},"source_url":"https://www.barrons.com/articles/pinterest-stock-has-slumped-why-one-analyst-doesnt-see-much-of-a-rebound-51640204997?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102948040","content_text":"Pinterest stock has shed nearly half its value in the past six months. An analyst at Citi Research just trimmed his expectations.\nShares of the image-sharing platform losed up 1.4%, at $37.26 on Wednesday, while the S&P 500 index rose 1%. The stock has fallen about 50% in the past six months, as investors largely steered clear of social-media platforms.\nCiti Research analyst Jason Bazinet cut his target price to $42 from $48 in a note on Wednesday. He has a Neutral rating. He says the lower target better reflects the company’s growth prospects relative to social-media peers, and he sees limited upside from recent levels.\n“The company continues to improve U.S. monetization, while also executing on its early efforts to monetize its large non-U.S. user base,” he wrote. “Additionally, 2021 Street estimates look reasonable to us. As such, we believe Pinterest’s growth opportunities are priced in at current levels.”\nPinterest shares (ticker: PINS) surged in October amid reports about a potential acquisition by PayPal Holdings (PYPL). But the payments firm poured cold water on such a deal when it disclosed on Oct. 24 that it wasn’t pursuing an acquisition “at this time.” Pinterest stock sank on the news.\nOf the 30 analysts covering Pinterest stock, 12 have Buy or equivalent ratings, while 17 have Hold or equivalent ratings, according to FactSet. One analyst has a Sell rating. That said, the mean target price is $53.62, meaning more analysts will need to follow Bazinet and adjust their price targets if they don’t opt to call shares a Buy.","news_type":1,"symbols_score_info":{"PINS":0.9}},"isVote":1,"tweetType":1,"viewCount":1080,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691101506,"gmtCreate":1640142988924,"gmtModify":1640143147083,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691101506","repostId":"2193162890","repostType":4,"isVote":1,"tweetType":1,"viewCount":865,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693546892,"gmtCreate":1640053584910,"gmtModify":1640053873852,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693546892","repostId":"1184716861","repostType":4,"isVote":1,"tweetType":1,"viewCount":1226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693915822,"gmtCreate":1639960332576,"gmtModify":1639960338785,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693915822","repostId":"2192909178","repostType":4,"isVote":1,"tweetType":1,"viewCount":1214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693087883,"gmtCreate":1639929474759,"gmtModify":1639929475105,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693087883","repostId":"1122414343","repostType":4,"repost":{"id":"1122414343","kind":"news","pubTimestamp":1639884070,"share":"https://www.laohu8.com/m/news/1122414343?lang=zh_CN&edition=full","pubTime":"2021-12-19 11:21","market":"us","language":"en","title":"Novavax, Vir among healthcare gainers, Pfizer posts best rally in a decade<blockquote>Novavax、Vir跻身医疗保健股涨幅之列，辉瑞(Pfizer)创下十年来最佳涨幅</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122414343","media":"Seeking Alpha","summary":"The healthcare stocks in the S&P 500 outperformed all other sectors in the broader index with a ~2.5","content":"<p>The healthcare stocks in the S&amp;P 500 outperformed all other sectors in the broader index with a ~2.5% gain thanks mainly to M&amp;A prospects. <a href=\"https://laohu8.com/S/HCSG\">Healthcare</a> technology, along with names battling the resurgence of COVID-19, led the gainers while the overall index fell ~1.9%.</p><p><blockquote>标普500的医疗保健股表现优于大盘指数中的所有其他板块，涨幅约为2.5%，主要得益于并购前景。<a href=\"https://laohu8.com/S/HCSG\">医疗保健</a>科技股以及与COVID-19死灰复燃作斗争的股票领涨，而整体指数下跌约1.9%。</blockquote></p><p> Among stocks with more than $2B market capitalization and 100K average daily volume over the past week, <a href=\"https://laohu8.com/S/ARNA\">Arena Pharmaceuticals </a> dominated with a ~83.8% rise after <a href=\"https://laohu8.com/S/PFE\">Pfizer </a> agreed to acquire it in a ~$6.7B deal with 100% premium for the biotech. <a href=\"https://laohu8.com/S/CERN\">Cerner </a> also joined the M&amp;A-driven rally to gain ~20.7% over the week amid reports of a potential ~$30B bid from <a href=\"https://laohu8.com/S/ORCL\">Oracle </a> for the electronic-medical-records company.</p><p><blockquote>在过去一周市值超过20亿美元、日均成交量超过10万的股票中，<a href=\"https://laohu8.com/S/ARNA\">Arena制药公司</a>之后上涨约83.8%<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>同意以约6.7 B美元的价格收购该生物技术公司，溢价100%。<a href=\"https://laohu8.com/S/CERN\">塞尔纳</a>也加入了并购推动的涨势，本周上涨约20.7%，有报道称来自<a href=\"https://laohu8.com/S/ORCL\">神谕</a>电子病历公司。</blockquote></p><p> Vaccine developer, <a href=\"https://laohu8.com/S/NVAX\">Novavax </a> jumped ~30.5% as investors welcomed the WHO clearance for the company’s COVID-19 shot. Further gains for the Maryland-based biotech are likely when an expert panel of the European regulators is set to review the marketing authorization for the vaccine next week.</p><p><blockquote>疫苗开发商、<a href=\"https://laohu8.com/S/NVAX\">Novavax</a>由于投资者欢迎世界卫生组织批准该公司的COVID-19疫苗，股价上涨约30.5%。当欧洲监管机构的专家小组将于下周审查该疫苗的营销授权时，这家总部位于马里兰州的生物技术公司可能会进一步受益。</blockquote></p><p> <a href=\"https://laohu8.com/S/BHVN\">Biohaven Pharmaceutical </a> posted a ~25.2% weekly rise after the company announced the approval for NURTEC ODT (rimegepant) in Israel, making it the first regulatory win for the migraine drug outside the U.S. Meanwhile, Vir Biotechnology (NASDAQ:VIR) surged ~23.7% to stand among best gainers for the second week this month. More data emerged this week confirming the Omicron-neutralizing effect of the company’s COVID-19 therapy developed in partnership with GlaxoSmithKline (NYSE:GSK). Rounding out the top five gainers, <a href=\"https://laohu8.com/S/ROIV\">Roivant Sciences </a> added ~22.6%.</p><p><blockquote><a href=\"https://laohu8.com/S/BHVN\">Biohaven制药</a>在该公司宣布NURTEC ODT(rimegepant)在以色列获得批准后，该公司每周上涨约25.2%，使其成为该偏头痛药物在美国以外的首个监管胜利。与此同时，Vir Biotechnology（纳斯达克股票代码：VIR）飙升约23.7%，成为本月第二周涨幅最大的股票之一。本周出现的更多数据证实了该公司与葛兰素史克（纽约证券交易所股票代码：GSK）合作开发的COVID-19疗法具有奥密克戎中和作用。跻身涨幅前五名的还有，<a href=\"https://laohu8.com/S/ROIV\">Roivant科学</a>增加了约22.6%。</blockquote></p><p> Notable gainer: <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> (PFE) made headlines throughout the week, raising its sales guidance for the COVID-19 vaccine once again as the rapidly spreading Omicron variant highlighted the need for booster shots. Despite an abrupt end to its six-day rally on Friday, the <a href=\"https://laohu8.com/S/NWY\">New York</a>-based pharma giant with a ~12.7% rise recorded its best weekly gain since March 2009.</p><p><blockquote>值得注意的赢家：<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>(PFE)本周成为头条新闻，再次提高了COVID-19疫苗的销售指引，因为迅速传播的奥密克戎变种凸显了加强注射的必要性。尽管周五突然结束了连续六天的涨势，<a href=\"https://laohu8.com/S/NWY\">纽约</a>总部位于美国的制药巨头股价上涨约12.7%，创下2009年3月以来的最佳单周涨幅。</blockquote></p><p> Among worst performers of the week, two newly IPO’ed biotechs, Instil Bio (NASDAQ:TIL) and Exscientia (NASDAQ:EXAI), stood out, falling 19.3% and ~13.5%, respectively, despite their favorable ratings on Wall Street. Meanwhile, GoodRx Holdings (NASDAQ:GDRX), an operator of a price comparison platform for prescription medicine slumped ~15.6%.</p><p><blockquote>在本周表现最差的公司中，两家新IPO的生物技术公司Instil Bio（纳斯达克股票代码：TIL）和Exscientia（纳斯达克股票代码：EXAI）脱颖而出，尽管它们在华尔街获得了良好的评级，但分别下跌了19.3%和约13.5%。与此同时，处方药比价平台运营商GoodRx Holdings（纳斯达克股票代码：GDRX）股价下跌约15.6%。</blockquote></p><p> Last week’s best performer, <a href=\"https://laohu8.com/S/BHG\">Bright Health Group</a>, crashed ~13.1%, hurt by the sole Sell rating issued by <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> even as the investment bank kicked off its coverage on managed care with largely positive views.</p><p><blockquote>上周表现最好的，<a href=\"https://laohu8.com/S/BHG\">光明健康集团</a>，暴跌约13.1%，受到唯一卖出评级的伤害<a href=\"https://laohu8.com/S/GS\">高盛</a>尽管这家投资银行以基本积极的观点开始了对管理式医疗的报道。</blockquote></p><p> Allogene Therapeutics (NASDAQ:ALLO) dropped ~12.3% after the company’s ASH presentations on Phase 1 data for experimental allogeneic <a href=\"https://laohu8.com/S/00699\">CAR</a> T therapies failed to excite investors, including Cathie Wood’s Ark Investment Management, which sold ~1.6M shares of the biotech several days later.</p><p><blockquote>Allogene Therapeutics（纳斯达克股票代码：ALLO）在ASH介绍实验性同种异体药物1期数据后股价下跌约12.3%<a href=\"https://laohu8.com/S/00699\">车</a>T疗法未能让投资者兴奋，其中包括Cathie Wood的Ark Investment Management，该公司几天后出售了约160万股该生物技术公司的股票。</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>Novavax, Vir among healthcare gainers, Pfizer posts best rally in a decade<blockquote>Novavax、Vir跻身医疗保健股涨幅之列，辉瑞(Pfizer)创下十年来最佳涨幅</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\">\nNovavax, Vir among healthcare gainers, Pfizer posts best rally in a decade<blockquote>Novavax、Vir跻身医疗保健股涨幅之列，辉瑞(Pfizer)创下十年来最佳涨幅</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-19 11:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The healthcare stocks in the S&amp;P 500 outperformed all other sectors in the broader index with a ~2.5% gain thanks mainly to M&amp;A prospects. <a href=\"https://laohu8.com/S/HCSG\">Healthcare</a> technology, along with names battling the resurgence of COVID-19, led the gainers while the overall index fell ~1.9%.</p><p><blockquote>标普500的医疗保健股表现优于大盘指数中的所有其他板块，涨幅约为2.5%，主要得益于并购前景。<a href=\"https://laohu8.com/S/HCSG\">医疗保健</a>科技股以及与COVID-19死灰复燃作斗争的股票领涨，而整体指数下跌约1.9%。</blockquote></p><p> Among stocks with more than $2B market capitalization and 100K average daily volume over the past week, <a href=\"https://laohu8.com/S/ARNA\">Arena Pharmaceuticals </a> dominated with a ~83.8% rise after <a href=\"https://laohu8.com/S/PFE\">Pfizer </a> agreed to acquire it in a ~$6.7B deal with 100% premium for the biotech. <a href=\"https://laohu8.com/S/CERN\">Cerner </a> also joined the M&amp;A-driven rally to gain ~20.7% over the week amid reports of a potential ~$30B bid from <a href=\"https://laohu8.com/S/ORCL\">Oracle </a> for the electronic-medical-records company.</p><p><blockquote>在过去一周市值超过20亿美元、日均成交量超过10万的股票中，<a href=\"https://laohu8.com/S/ARNA\">Arena制药公司</a>之后上涨约83.8%<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>同意以约6.7 B美元的价格收购该生物技术公司，溢价100%。<a href=\"https://laohu8.com/S/CERN\">塞尔纳</a>也加入了并购推动的涨势，本周上涨约20.7%，有报道称来自<a href=\"https://laohu8.com/S/ORCL\">神谕</a>电子病历公司。</blockquote></p><p> Vaccine developer, <a href=\"https://laohu8.com/S/NVAX\">Novavax </a> jumped ~30.5% as investors welcomed the WHO clearance for the company’s COVID-19 shot. Further gains for the Maryland-based biotech are likely when an expert panel of the European regulators is set to review the marketing authorization for the vaccine next week.</p><p><blockquote>疫苗开发商、<a href=\"https://laohu8.com/S/NVAX\">Novavax</a>由于投资者欢迎世界卫生组织批准该公司的COVID-19疫苗，股价上涨约30.5%。当欧洲监管机构的专家小组将于下周审查该疫苗的营销授权时，这家总部位于马里兰州的生物技术公司可能会进一步受益。</blockquote></p><p> <a href=\"https://laohu8.com/S/BHVN\">Biohaven Pharmaceutical </a> posted a ~25.2% weekly rise after the company announced the approval for NURTEC ODT (rimegepant) in Israel, making it the first regulatory win for the migraine drug outside the U.S. Meanwhile, Vir Biotechnology (NASDAQ:VIR) surged ~23.7% to stand among best gainers for the second week this month. More data emerged this week confirming the Omicron-neutralizing effect of the company’s COVID-19 therapy developed in partnership with GlaxoSmithKline (NYSE:GSK). Rounding out the top five gainers, <a href=\"https://laohu8.com/S/ROIV\">Roivant Sciences </a> added ~22.6%.</p><p><blockquote><a href=\"https://laohu8.com/S/BHVN\">Biohaven制药</a>在该公司宣布NURTEC ODT(rimegepant)在以色列获得批准后，该公司每周上涨约25.2%，使其成为该偏头痛药物在美国以外的首个监管胜利。与此同时，Vir Biotechnology（纳斯达克股票代码：VIR）飙升约23.7%，成为本月第二周涨幅最大的股票之一。本周出现的更多数据证实了该公司与葛兰素史克（纽约证券交易所股票代码：GSK）合作开发的COVID-19疗法具有奥密克戎中和作用。跻身涨幅前五名的还有，<a href=\"https://laohu8.com/S/ROIV\">Roivant科学</a>增加了约22.6%。</blockquote></p><p> Notable gainer: <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> (PFE) made headlines throughout the week, raising its sales guidance for the COVID-19 vaccine once again as the rapidly spreading Omicron variant highlighted the need for booster shots. Despite an abrupt end to its six-day rally on Friday, the <a href=\"https://laohu8.com/S/NWY\">New York</a>-based pharma giant with a ~12.7% rise recorded its best weekly gain since March 2009.</p><p><blockquote>值得注意的赢家：<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>(PFE)本周成为头条新闻，再次提高了COVID-19疫苗的销售指引，因为迅速传播的奥密克戎变种凸显了加强注射的必要性。尽管周五突然结束了连续六天的涨势，<a href=\"https://laohu8.com/S/NWY\">纽约</a>总部位于美国的制药巨头股价上涨约12.7%，创下2009年3月以来的最佳单周涨幅。</blockquote></p><p> Among worst performers of the week, two newly IPO’ed biotechs, Instil Bio (NASDAQ:TIL) and Exscientia (NASDAQ:EXAI), stood out, falling 19.3% and ~13.5%, respectively, despite their favorable ratings on Wall Street. Meanwhile, GoodRx Holdings (NASDAQ:GDRX), an operator of a price comparison platform for prescription medicine slumped ~15.6%.</p><p><blockquote>在本周表现最差的公司中，两家新IPO的生物技术公司Instil Bio（纳斯达克股票代码：TIL）和Exscientia（纳斯达克股票代码：EXAI）脱颖而出，尽管它们在华尔街获得了良好的评级，但分别下跌了19.3%和约13.5%。与此同时，处方药比价平台运营商GoodRx Holdings（纳斯达克股票代码：GDRX）股价下跌约15.6%。</blockquote></p><p> Last week’s best performer, <a href=\"https://laohu8.com/S/BHG\">Bright Health Group</a>, crashed ~13.1%, hurt by the sole Sell rating issued by <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> even as the investment bank kicked off its coverage on managed care with largely positive views.</p><p><blockquote>上周表现最好的，<a href=\"https://laohu8.com/S/BHG\">光明健康集团</a>，暴跌约13.1%，受到唯一卖出评级的伤害<a href=\"https://laohu8.com/S/GS\">高盛</a>尽管这家投资银行以基本积极的观点开始了对管理式医疗的报道。</blockquote></p><p> Allogene Therapeutics (NASDAQ:ALLO) dropped ~12.3% after the company’s ASH presentations on Phase 1 data for experimental allogeneic <a href=\"https://laohu8.com/S/00699\">CAR</a> T therapies failed to excite investors, including Cathie Wood’s Ark Investment Management, which sold ~1.6M shares of the biotech several days later.</p><p><blockquote>Allogene Therapeutics（纳斯达克股票代码：ALLO）在ASH介绍实验性同种异体药物1期数据后股价下跌约12.3%<a href=\"https://laohu8.com/S/00699\">车</a>T疗法未能让投资者兴奋，其中包括Cathie Wood的Ark Investment Management，该公司几天后出售了约160万股该生物技术公司的股票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3781487-novavax-vir-among-healthcare-gainers-pfizer-posts-best-rally-in-a-decade\">Seeking Alpha</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":{"BK4568":"美国抗疫概念","BK4550":"红杉资本持仓","ARNA":"阿里那","BK4534":"瑞士信贷持仓","ORCL":"甲骨文","PFE":"辉瑞","BK4533":"AQR资本管理(全球第二大对冲基金)","CERN":"美国塞纳","BK4007":"制药"},"source_url":"https://seekingalpha.com/news/3781487-novavax-vir-among-healthcare-gainers-pfizer-posts-best-rally-in-a-decade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122414343","content_text":"The healthcare stocks in the S&P 500 outperformed all other sectors in the broader index with a ~2.5% gain thanks mainly to M&A prospects. Healthcare technology, along with names battling the resurgence of COVID-19, led the gainers while the overall index fell ~1.9%.\nAmong stocks with more than $2B market capitalization and 100K average daily volume over the past week, Arena Pharmaceuticals  dominated with a ~83.8% rise after Pfizer  agreed to acquire it in a ~$6.7B deal with 100% premium for the biotech. Cerner  also joined the M&A-driven rally to gain ~20.7% over the week amid reports of a potential ~$30B bid from Oracle  for the electronic-medical-records company.\nVaccine developer, Novavax  jumped ~30.5% as investors welcomed the WHO clearance for the company’s COVID-19 shot. Further gains for the Maryland-based biotech are likely when an expert panel of the European regulators is set to review the marketing authorization for the vaccine next week.\nBiohaven Pharmaceutical  posted a ~25.2% weekly rise after the company announced the approval for NURTEC ODT (rimegepant) in Israel, making it the first regulatory win for the migraine drug outside the U.S. Meanwhile, Vir Biotechnology (NASDAQ:VIR) surged ~23.7% to stand among best gainers for the second week this month. More data emerged this week confirming the Omicron-neutralizing effect of the company’s COVID-19 therapy developed in partnership with GlaxoSmithKline (NYSE:GSK). Rounding out the top five gainers, Roivant Sciences  added ~22.6%.\nNotable gainer: Pfizer (PFE) made headlines throughout the week, raising its sales guidance for the COVID-19 vaccine once again as the rapidly spreading Omicron variant highlighted the need for booster shots. Despite an abrupt end to its six-day rally on Friday, the New York-based pharma giant with a ~12.7% rise recorded its best weekly gain since March 2009.\nAmong worst performers of the week, two newly IPO’ed biotechs, Instil Bio (NASDAQ:TIL) and Exscientia (NASDAQ:EXAI), stood out, falling 19.3% and ~13.5%, respectively, despite their favorable ratings on Wall Street. Meanwhile, GoodRx Holdings (NASDAQ:GDRX), an operator of a price comparison platform for prescription medicine slumped ~15.6%.\nLast week’s best performer, Bright Health Group, crashed ~13.1%, hurt by the sole Sell rating issued by Goldman Sachs even as the investment bank kicked off its coverage on managed care with largely positive views.\nAllogene Therapeutics (NASDAQ:ALLO) dropped ~12.3% after the company’s ASH presentations on Phase 1 data for experimental allogeneic CAR T therapies failed to excite investors, including Cathie Wood’s Ark Investment Management, which sold ~1.6M shares of the biotech several days later.","news_type":1,"symbols_score_info":{"ORCL":0.9,"CERN":0.9,"PFE":0.9,"ARNA":0.9}},"isVote":1,"tweetType":1,"viewCount":700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699650003,"gmtCreate":1639794859269,"gmtModify":1639794859615,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699650003","repostId":"2192597562","repostType":4,"isVote":1,"tweetType":1,"viewCount":759,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690488867,"gmtCreate":1639701568278,"gmtModify":1639701568611,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690488867","repostId":"1113560897","repostType":4,"repost":{"id":"1113560897","kind":"news","pubTimestamp":1639699755,"share":"https://www.laohu8.com/m/news/1113560897?lang=zh_CN&edition=full","pubTime":"2021-12-17 08:09","market":"sg","language":"en","title":"Singapore Stock Market Expected To Remain Rangebound<blockquote>新加坡股市预计将保持区间震荡</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1113560897","media":"RTTNews","summary":"The Singapore stock market has moved higher in two of three trading days since the end of the two-da","content":"<p>The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,130-point plateau although it figures to turn lower again on Friday.</p><p><blockquote>自连续两天下跌超过20点或0.7%以来，新加坡股市在三个交易日中有两个交易日上涨。海峡时报指数目前略低于3,130点的高位，尽管预计周五将再次走低。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is mixed to lower, with profit taking - especially among technology stocks - fueling a downward correction after sharp gains a day earlier. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.</p><p><blockquote>全球对亚洲市场的预测好坏参半，获利了结——尤其是科技股——在前一天大幅上涨后推动了向下修正。欧洲股市上涨，美国股市下跌，亚洲市场预计将追随后者的走势。</blockquote></p><p> The STI finished modestly higher on Thursday following gains from the financial shares and the industrials.</p><p><blockquote>继金融股和工业股上涨后，海指周四小幅收高。</blockquote></p><p> For the day, the index improved 13.92 points or 0.45 percent to finish at 3,128.80 after trading between 3,113.05 and 3,137.31. Volume was 941 million shares worth 979.1 million Singapore dollars. There were 265 gainers and 202 decliners.</p><p><blockquote>当天，该指数在3,113.05至3,137.31之间交易后，上涨13.92点或0.45%，收于3,128.80点。成交量为9.41亿股，价值9.791亿新元。上涨265家，下跌202家。</blockquote></p><p> Among the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust retreated 0.50 percent, City Developments plummeted 2.69 percent, Comfort DelGro tumbled 1.43 percent, Dairy Farm International plunged 2.48 percent, DBS Group spiked 1.35 percent, Hongkong Land tanked 1.85 percent, Keppel Corp gained 0.39 percent, Oversea-Chinese Banking Corporation collected 0.80 percent, SATS added 0.52 percent, SembCorp Industries surged 3.59 percent, Singapore Airlines dipped 0.20 percent, Singapore Exchange fell 0.21 percent, Singapore Technologies Engineering rose 0.27 percent, SingTel advanced 0.83 percent, United Overseas Bank climbed 1.31 percent, Yangzijiang Shipbuilding sank 0.77 percent and Singapore Press Holdings, Wilmar International, Mapletree Commercial Trust, Mapletree Logistics Trust, Genting Singapore and Thai Beverage were unchanged.</p><p><blockquote>活跃股中，腾飞房地产投资信托下跌0.34%，凯德综合商业信托下跌0.50%，City Developments暴跌2.69%，Comfort DelGro暴跌1.43%，Dairy Farm International暴跌2.48%，星展集团飙升1.35%，香港置地下跌1.85%，吉宝企业上涨0.39%，华侨银行上涨0.80%，胜科工业飙升3.59%，新加坡航空下跌0.20%，新加坡科技工程上涨0.27%，新加坡电信上涨0.83%，大华银行上涨1.31%，扬子江造船下跌0.77%，新加坡报业控股、丰益国际、丰树商业信托、丰树物流信托、云顶新加坡和泰国饮料持平。</blockquote></p><p> The lead from Wall Street is negative as the major averages opened slightly higher on Thursday but quickly turned lower, sinking to session lows at the close.</p><p><blockquote>华尔街的领先是负面的，主要股指周四开盘小幅走高，但很快转跌，收盘时跌至盘中低点。</blockquote></p><p> The Dow dipped 29.79 points or 0.08 percent to finish at 35,897.64, while the NASDAQ plummeted 385.15 points or 2.47 percent to close at 15,180.43 and the S&amp;P 500 sank 41.18 points or 0.87 percent to end at 4,668.67.</p><p><blockquote>道琼斯指数下跌29.79点或0.08%，收于35,897.64点；纳斯达克指数暴跌385.15点或2.47%，收于15,180.43点；标普500指数下跌41.18点或0.87%，收于4,668.67点。</blockquote></p><p> The pull back on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday, which was to accelerate the pace of tapering its asset purchases and forecast as many as three interest rate hikes next year.</p><p><blockquote>华尔街回调之际，交易员继续消化美联储周三的货币政策公告，即加快缩减资产购买的步伐，并预测明年将加息多达三次。</blockquote></p><p> While some stocks benefited from reduced uncertainty about the outlook for monetary policy, high-growth tech stocks fell sharply amid concerns about the impact of higher interest rates.</p><p><blockquote>虽然一些股票受益于货币政策前景不确定性的减少，但由于担心利率上升的影响，高增长科技股大幅下跌。</blockquote></p><p> In economic news, the Labor Department noted a modest rebound in first-time jobless claims last week, while the Fed also said U.S. industrial production increased less than expected in November. Also, the Commerce Department said housing starts and building permits both surged much more than expected last month.</p><p><blockquote>经济消息方面，劳工部指出上周首次申请失业救济人数温和反弹，而美联储还表示，美国11月工业生产增幅低于预期。此外，商务部表示，上个月新屋开工和建筑许可的激增都远高于预期。</blockquote></p><p> Crude oil futures settled higher Thursday, aided by data showing increased demand for energy in the U.S. and a larger than expected drop in U.S. crude stockpiles last week. West Texas Intermediate Crude oil futures for January ended higher by $1.51 or 2.1 percent at $72.38 a barrel.</p><p><blockquote>原油期货周四收高，数据显示美国能源需求增加，以及上周美国原油库存降幅大于预期。西德克萨斯中质原油1月期货收高1.51美元或2.1%，报每桶72.38美元。</blockquote></p><p></p>","source":"lsy1626938412129","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>Singapore Stock Market Expected To Remain Rangebound<blockquote>新加坡股市预计将保持区间震荡</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\">\nSingapore Stock Market Expected To Remain Rangebound<blockquote>新加坡股市预计将保持区间震荡</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">RTTNews</strong><span class=\"h-time small\">2021-12-17 08:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,130-point plateau although it figures to turn lower again on Friday.</p><p><blockquote>自连续两天下跌超过20点或0.7%以来，新加坡股市在三个交易日中有两个交易日上涨。海峡时报指数目前略低于3,130点的高位，尽管预计周五将再次走低。</blockquote></p><p> The global forecast for the Asian&nbsp;markets&nbsp;is mixed to lower, with profit taking - especially among technology stocks - fueling a downward correction after sharp gains a day earlier. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.</p><p><blockquote>全球对亚洲市场的预测好坏参半，获利了结——尤其是科技股——在前一天大幅上涨后推动了向下修正。欧洲股市上涨，美国股市下跌，亚洲市场预计将追随后者的走势。</blockquote></p><p> The STI finished modestly higher on Thursday following gains from the financial shares and the industrials.</p><p><blockquote>继金融股和工业股上涨后，海指周四小幅收高。</blockquote></p><p> For the day, the index improved 13.92 points or 0.45 percent to finish at 3,128.80 after trading between 3,113.05 and 3,137.31. Volume was 941 million shares worth 979.1 million Singapore dollars. There were 265 gainers and 202 decliners.</p><p><blockquote>当天，该指数在3,113.05至3,137.31之间交易后，上涨13.92点或0.45%，收于3,128.80点。成交量为9.41亿股，价值9.791亿新元。上涨265家，下跌202家。</blockquote></p><p> Among the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust retreated 0.50 percent, City Developments plummeted 2.69 percent, Comfort DelGro tumbled 1.43 percent, Dairy Farm International plunged 2.48 percent, DBS Group spiked 1.35 percent, Hongkong Land tanked 1.85 percent, Keppel Corp gained 0.39 percent, Oversea-Chinese Banking Corporation collected 0.80 percent, SATS added 0.52 percent, SembCorp Industries surged 3.59 percent, Singapore Airlines dipped 0.20 percent, Singapore Exchange fell 0.21 percent, Singapore Technologies Engineering rose 0.27 percent, SingTel advanced 0.83 percent, United Overseas Bank climbed 1.31 percent, Yangzijiang Shipbuilding sank 0.77 percent and Singapore Press Holdings, Wilmar International, Mapletree Commercial Trust, Mapletree Logistics Trust, Genting Singapore and Thai Beverage were unchanged.</p><p><blockquote>活跃股中，腾飞房地产投资信托下跌0.34%，凯德综合商业信托下跌0.50%，City Developments暴跌2.69%，Comfort DelGro暴跌1.43%，Dairy Farm International暴跌2.48%，星展集团飙升1.35%，香港置地下跌1.85%，吉宝企业上涨0.39%，华侨银行上涨0.80%，胜科工业飙升3.59%，新加坡航空下跌0.20%，新加坡科技工程上涨0.27%，新加坡电信上涨0.83%，大华银行上涨1.31%，扬子江造船下跌0.77%，新加坡报业控股、丰益国际、丰树商业信托、丰树物流信托、云顶新加坡和泰国饮料持平。</blockquote></p><p> The lead from Wall Street is negative as the major averages opened slightly higher on Thursday but quickly turned lower, sinking to session lows at the close.</p><p><blockquote>华尔街的领先是负面的，主要股指周四开盘小幅走高，但很快转跌，收盘时跌至盘中低点。</blockquote></p><p> The Dow dipped 29.79 points or 0.08 percent to finish at 35,897.64, while the NASDAQ plummeted 385.15 points or 2.47 percent to close at 15,180.43 and the S&amp;P 500 sank 41.18 points or 0.87 percent to end at 4,668.67.</p><p><blockquote>道琼斯指数下跌29.79点或0.08%，收于35,897.64点；纳斯达克指数暴跌385.15点或2.47%，收于15,180.43点；标普500指数下跌41.18点或0.87%，收于4,668.67点。</blockquote></p><p> The pull back on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday, which was to accelerate the pace of tapering its asset purchases and forecast as many as three interest rate hikes next year.</p><p><blockquote>华尔街回调之际，交易员继续消化美联储周三的货币政策公告，即加快缩减资产购买的步伐，并预测明年将加息多达三次。</blockquote></p><p> While some stocks benefited from reduced uncertainty about the outlook for monetary policy, high-growth tech stocks fell sharply amid concerns about the impact of higher interest rates.</p><p><blockquote>虽然一些股票受益于货币政策前景不确定性的减少，但由于担心利率上升的影响，高增长科技股大幅下跌。</blockquote></p><p> In economic news, the Labor Department noted a modest rebound in first-time jobless claims last week, while the Fed also said U.S. industrial production increased less than expected in November. Also, the Commerce Department said housing starts and building permits both surged much more than expected last month.</p><p><blockquote>经济消息方面，劳工部指出上周首次申请失业救济人数温和反弹，而美联储还表示，美国11月工业生产增幅低于预期。此外，商务部表示，上个月新屋开工和建筑许可的激增都远高于预期。</blockquote></p><p> Crude oil futures settled higher Thursday, aided by data showing increased demand for energy in the U.S. and a larger than expected drop in U.S. crude stockpiles last week. West Texas Intermediate Crude oil futures for January ended higher by $1.51 or 2.1 percent at $72.38 a barrel.</p><p><blockquote>原油期货周四收高，数据显示美国能源需求增加，以及上周美国原油库存降幅大于预期。西德克萨斯中质原油1月期货收高1.51美元或2.1%，报每桶72.38美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx\">RTTNews</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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113560897","content_text":"The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,130-point plateau although it figures to turn lower again on Friday.\nThe global forecast for the Asian markets is mixed to lower, with profit taking - especially among technology stocks - fueling a downward correction after sharp gains a day earlier. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.\nThe STI finished modestly higher on Thursday following gains from the financial shares and the industrials.\nFor the day, the index improved 13.92 points or 0.45 percent to finish at 3,128.80 after trading between 3,113.05 and 3,137.31. Volume was 941 million shares worth 979.1 million Singapore dollars. There were 265 gainers and 202 decliners.\nAmong the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust retreated 0.50 percent, City Developments plummeted 2.69 percent, Comfort DelGro tumbled 1.43 percent, Dairy Farm International plunged 2.48 percent, DBS Group spiked 1.35 percent, Hongkong Land tanked 1.85 percent, Keppel Corp gained 0.39 percent, Oversea-Chinese Banking Corporation collected 0.80 percent, SATS added 0.52 percent, SembCorp Industries surged 3.59 percent, Singapore Airlines dipped 0.20 percent, Singapore Exchange fell 0.21 percent, Singapore Technologies Engineering rose 0.27 percent, SingTel advanced 0.83 percent, United Overseas Bank climbed 1.31 percent, Yangzijiang Shipbuilding sank 0.77 percent and Singapore Press Holdings, Wilmar International, Mapletree Commercial Trust, Mapletree Logistics Trust, Genting Singapore and Thai Beverage were unchanged.\nThe lead from Wall Street is negative as the major averages opened slightly higher on Thursday but quickly turned lower, sinking to session lows at the close.\nThe Dow dipped 29.79 points or 0.08 percent to finish at 35,897.64, while the NASDAQ plummeted 385.15 points or 2.47 percent to close at 15,180.43 and the S&P 500 sank 41.18 points or 0.87 percent to end at 4,668.67.\nThe pull back on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday, which was to accelerate the pace of tapering its asset purchases and forecast as many as three interest rate hikes next year.\nWhile some stocks benefited from reduced uncertainty about the outlook for monetary policy, high-growth tech stocks fell sharply amid concerns about the impact of higher interest rates.\nIn economic news, the Labor Department noted a modest rebound in first-time jobless claims last week, while the Fed also said U.S. industrial production increased less than expected in November. Also, the Commerce Department said housing starts and building permits both surged much more than expected last month.\nCrude oil futures settled higher Thursday, aided by data showing increased demand for energy in the U.S. and a larger than expected drop in U.S. crude stockpiles last week. West Texas Intermediate Crude oil futures for January ended higher by $1.51 or 2.1 percent at $72.38 a barrel.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690184868,"gmtCreate":1639647353044,"gmtModify":1639647353373,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690184868","repostId":"1126164577","repostType":4,"repost":{"id":"1126164577","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":1639646138,"share":"https://www.laohu8.com/m/news/1126164577?lang=zh_CN&edition=full","pubTime":"2021-12-16 17:15","market":"us","language":"en","title":"Novartis jumped over 3% in premarket trading as it launched new shares buyback of up to $15 bln<blockquote>诺华启动高达150亿美元的新股回购，盘前交易中股价上涨超过3%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126164577","media":"Tiger Newspress","summary":"Novartis jumped over 3% in premarket trading as it launched new shares buyback of up to $15 bln.Nova","content":"<p>Novartis&nbsp;jumped&nbsp;over&nbsp;3%&nbsp;in&nbsp;premarket&nbsp;trading&nbsp;as&nbsp;it&nbsp;launched new shares buyback of up to $15 bln.<img src=\"https://static.tigerbbs.com/7efcb788671a6965cf04c7ebd432ebe9\" tg-width=\"766\" tg-height=\"560\" width=\"100%\" height=\"auto\">Novartis AG&nbsp;is launching a new share buyback worth up to $15 billion to be executed by the end of 2023, it said on Thursday, adding it was confident in its top-line growth and deep pipeline.</p><p><blockquote>诺华(Novartis)启动高达150亿美元的新股回购，盘前交易中股价上涨超过3%。诺华公司周四表示，将启动价值高达150亿美元的新股回购，将于2023年底前执行，并补充说对其营收增长和深度产品线充满信心。</blockquote></p><p> The buyback is funded through the $20.7 billion the Swiss drugmaker raised by selling its nearly one-third voting stake in Roche&nbsp;back to its cross-town rival last month, Novartis said, adding its capital allocation strategy aimed to combine investing in core business and returning excess capital to shareholders.</p><p><blockquote>诺华表示，此次回购的资金来自这家瑞士制药商上个月将罗氏近三分之一的投票权股份出售给同城竞争对手，筹集的207亿美元，并补充说，其资本配置策略旨在将投资核心业务与回报相结合。向股东返还多余资本。</blockquote></p><p> Novartis said it had the flexibility to return value to shareholders \"without compromising the company's capacity for value-creating bolt-on M&amp;A, whilst providing a strong, growing dividend and reinvesting in the business\".</p><p><blockquote>诺华表示，它可以灵活地向股东返还价值，“而不会损害公司创造价值的补强并购能力，同时提供强劲、不断增长的股息并对业务进行再投资”。</blockquote></p><p> The Swiss company confirmed it expected sales to grow by 4% or more through 2026.</p><p><blockquote>这家瑞士公司证实，预计到2026年销售额将增长4%或更多。</blockquote></p><p> The share buyback, to be executed on a second trading line, is expected to start within days.</p><p><blockquote>股票回购将在第二条交易线上执行，预计将在几天内开始。</blockquote></p><p> Novartis will ask shareholders to approve an additional 10 billion Swiss franc ($10.81 billion) buyback authority at the annual general meeting on March 4 to cover the amount exceeding the 8.8 billion francs still available under the existing shareholder authority granted in 2021, the company said.</p><p><blockquote>该公司表示，诺华将在3月4日的年度股东大会上要求股东批准额外的100亿瑞士法郎（108.1亿美元）回购授权，以支付超过2021年授予的现有股东授权下仍可用的88亿瑞士法郎的金额。</blockquote></p><p> ($1 = 0.9252 Swiss francs)</p><p><blockquote>（1美元=0.9252瑞士法郎）</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>Novartis jumped over 3% in premarket trading as it launched new shares buyback of up to $15 bln<blockquote>诺华启动高达150亿美元的新股回购，盘前交易中股价上涨超过3%</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{ 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#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\">\nNovartis jumped over 3% in premarket trading as it launched new shares buyback of up to $15 bln<blockquote>诺华启动高达150亿美元的新股回购，盘前交易中股价上涨超过3%</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\">2021-12-16 17:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Novartis&nbsp;jumped&nbsp;over&nbsp;3%&nbsp;in&nbsp;premarket&nbsp;trading&nbsp;as&nbsp;it&nbsp;launched new shares buyback of up to $15 bln.<img src=\"https://static.tigerbbs.com/7efcb788671a6965cf04c7ebd432ebe9\" tg-width=\"766\" tg-height=\"560\" width=\"100%\" height=\"auto\">Novartis AG&nbsp;is launching a new share buyback worth up to $15 billion to be executed by the end of 2023, it said on Thursday, adding it was confident in its top-line growth and deep pipeline.</p><p><blockquote>诺华(Novartis)启动高达150亿美元的新股回购，盘前交易中股价上涨超过3%。诺华公司周四表示，将启动价值高达150亿美元的新股回购，将于2023年底前执行，并补充说对其营收增长和深度产品线充满信心。</blockquote></p><p> The buyback is funded through the $20.7 billion the Swiss drugmaker raised by selling its nearly one-third voting stake in Roche&nbsp;back to its cross-town rival last month, Novartis said, adding its capital allocation strategy aimed to combine investing in core business and returning excess capital to shareholders.</p><p><blockquote>诺华表示，此次回购的资金来自这家瑞士制药商上个月将罗氏近三分之一的投票权股份出售给同城竞争对手，筹集的207亿美元，并补充说，其资本配置策略旨在将投资核心业务与回报相结合。向股东返还多余资本。</blockquote></p><p> Novartis said it had the flexibility to return value to shareholders \"without compromising the company's capacity for value-creating bolt-on M&amp;A, whilst providing a strong, growing dividend and reinvesting in the business\".</p><p><blockquote>诺华表示，它可以灵活地向股东返还价值，“而不会损害公司创造价值的补强并购能力，同时提供强劲、不断增长的股息并对业务进行再投资”。</blockquote></p><p> The Swiss company confirmed it expected sales to grow by 4% or more through 2026.</p><p><blockquote>这家瑞士公司证实，预计到2026年销售额将增长4%或更多。</blockquote></p><p> The share buyback, to be executed on a second trading line, is expected to start within days.</p><p><blockquote>股票回购将在第二条交易线上执行，预计将在几天内开始。</blockquote></p><p> Novartis will ask shareholders to approve an additional 10 billion Swiss franc ($10.81 billion) buyback authority at the annual general meeting on March 4 to cover the amount exceeding the 8.8 billion francs still available under the existing shareholder authority granted in 2021, the company said.</p><p><blockquote>该公司表示，诺华将在3月4日的年度股东大会上要求股东批准额外的100亿瑞士法郎（108.1亿美元）回购授权，以支付超过2021年授予的现有股东授权下仍可用的88亿瑞士法郎的金额。</blockquote></p><p> ($1 = 0.9252 Swiss francs)</p><p><blockquote>（1美元=0.9252瑞士法郎）</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVS":"诺华"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126164577","content_text":"Novartis jumped over 3% in premarket trading as it launched new shares buyback of up to $15 bln.Novartis AG is launching a new share buyback worth up to $15 billion to be executed by the end of 2023, it said on Thursday, adding it was confident in its top-line growth and deep pipeline.\nThe buyback is funded through the $20.7 billion the Swiss drugmaker raised by selling its nearly one-third voting stake in Roche back to its cross-town rival last month, Novartis said, adding its capital allocation strategy aimed to combine investing in core business and returning excess capital to shareholders.\nNovartis said it had the flexibility to return value to shareholders \"without compromising the company's capacity for value-creating bolt-on M&A, whilst providing a strong, growing dividend and reinvesting in the business\".\nThe Swiss company confirmed it expected sales to grow by 4% or more through 2026.\nThe share buyback, to be executed on a second trading line, is expected to start within days.\nNovartis will ask shareholders to approve an additional 10 billion Swiss franc ($10.81 billion) buyback authority at the annual general meeting on March 4 to cover the amount exceeding the 8.8 billion francs still available under the existing shareholder authority granted in 2021, the company said.\n($1 = 0.9252 Swiss francs)","news_type":1,"symbols_score_info":{"NVS":0.9}},"isVote":1,"tweetType":1,"viewCount":653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":135438775,"gmtCreate":1622175141497,"gmtModify":1634183119080,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like and comment.&nbsp;","listText":"Like and comment.&nbsp;","text":"Like and comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/135438775","repostId":"1148985369","repostType":4,"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813499468,"gmtCreate":1630224753154,"gmtModify":1704957242185,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like&nbsp;please!&nbsp;","listText":"Like&nbsp;please!&nbsp;","text":"Like please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/813499468","repostId":"1129129956","repostType":4,"repost":{"id":"1129129956","kind":"news","pubTimestamp":1630201285,"share":"https://www.laohu8.com/m/news/1129129956?lang=zh_CN&edition=full","pubTime":"2021-08-29 09:41","market":"us","language":"en","title":"This Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天会让你变得富有</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129129956","media":"Motley Fool","summary":"The iBuying business is a race to grow larger, and Opendoor is winning.The company is growing at a rate that is two years ahead of what management projected just a year earlier.The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.Real estate iBuying company Opendoor Technologieshas been executing at a high level in the three quarters since coming public via a special purpose acquisition company  merger. In a race to disrupt residential ","content":"<p>Key Points</p><p><blockquote>要点</blockquote></p><p> <ul>  <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>  <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>  <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li> </ul> </p><p><blockquote><ul><li>iBuying业务是一场做大的竞赛，Opendoor正在获胜。</li><li>该公司的增长速度比管理层一年前的预测提前了两年。</li><li>市场对几乎所有SPAC都持悲观态度，这使得Opendoor成为最终可能带来巨额回报的便宜货。</li></ul></blockquote></p><p> Real estate iBuying company&nbsp;<b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p><p><blockquote>房地产iBuying公司<b>开门技术</b>（纳斯达克：OPEN）自通过特殊目的收购公司（SPAC）合并上市以来，三个季度的执行情况一直处于高水平。在颠覆全球最大市场之一住宅房地产的竞赛中，Opendoor的长期潜力可能会为耐心的投资者带来丰厚的回报。</blockquote></p><p> Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p><p><blockquote>尽管有上行空间，市场尚未欣赏Opendoor的成就；该股较高点下跌超过50%。有三个重要线索表明，对于大胆的投资者来说，Opendoor可能是一个引人注目的投资理念。</blockquote></p><p> <h3>1. Opendoor is winning the iBuying battle</h3> The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p><p><blockquote><h3>1.Opendoor正在赢得iBuying之战</h3>美国传统的购房流程缓慢，由多方处理，包括代理人、律师、检查员和银行家。这造成了大量来回的文书工作，平均将流程拖到30多天。</blockquote></p><p> Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p><p><blockquote>Opendoor开创了“iBuying”的概念，即房屋的买卖是数字化的，像Opendoor这样的公司直接与卖家合作，为他们提供现金报价和数字化成交流程。然后公司在市场上转售房子。iBuying流程省去了代理商和一些与传统成交相关的费用，如代理商佣金。然后Opendoor在市场上转售房屋，并收取高达5%的交易服务费。</blockquote></p><p> After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including&nbsp;<b>Zillow Group</b>&nbsp;and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p><p><blockquote>在看到Opendoor凭借iBuying概念稳步增长后，竞争对手也开始提供iBuying服务，包括<b>Zillow集团</b>和Offerpad。由于该业务的资本密集型程度（买卖数千套房屋需要大量资金）以及房地产市场的价格竞争力，这些公司都在竞相做大。随着公司买卖更多房屋，他们有能力通过利用外包承包商来节省资金来获得更多利润，并且随着交易数量的增加，其定价算法也会改进。</blockquote></p><p> According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p><p><blockquote>根据专门跟踪iBuying竞争对手的网站iBuyerStats的数据，Opendoor一直拥有最多的待售房屋库存。该公司目前约有3,300套待售房屋，比Zillow多53%，是Offerpad的四倍多。</blockquote></p><p> <h3>2. Revenue growth is ahead of schedule</h3> When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p><p><blockquote><h3>2、营收增速提前</h3>当公司通过SpacMerger上市时，他们会公开介绍自己的业务，通常包括长期增长预测。大约一年前，即2020年9月，Opendoor发布了合并前投资者演示文稿。</blockquote></p><p> Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p><p><blockquote>快进到该公司最近的2021年第二季度收益看涨期权。首席执行官兼创始人Eric Wu在财报看涨期权上表示，“……根据我们目前的进展，我们下半年的收入运行率有望超过2023年的目标，比计划提前了整整两年。”</blockquote></p><p> In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p><p><blockquote>换句话说，如果Opendoor按照目前的业务水平运营12个月，它将超过2023年预计的98亿美元收入。这是一个被忽视的点，因为如果Opendoor已经比其最初的增长曲线提前了两年，那么到2023年它会在哪里？当然，房地产市场下滑或其他事件可能会扰乱公司的增长速度，但Opendoor正在向世界展示该业务正在高水平运营。</blockquote></p><p> <h3>3. SPACs are out of favor with the market... opportunity?</h3> Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p><p><blockquote><h3>3、SPAC失宠于市场……机会？</h3>投资者忽略了这一强劲表现，而是关注Opendoor通过SPAC合并加入公开市场的事实。对于前SPAC来说，经营业绩或收益如何并不重要；几个月来，股市几乎一直在抛售所有基于SPAC的股票。</blockquote></p><p> Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p><p><blockquote>投资者对少数“不良苹果”公司的欺诈行为感到震惊，而其他公司也严重未能实现上市前的预测。这些事件伤害了相关人员，投资者对SPAC整体采取了更加谨慎的态度。</blockquote></p><p> But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p><p><blockquote>但如果像Opendoor这样的公司继续超出预期，市场最终可能会好转。当这种情况发生时，股价可能会大幅波动。如果我们采纳Eric Wu对收入的评论，并假设Opendoor在2022年的销售额为100亿美元（换句话说，Opendoor在接下来的一年里停止增长并保持目前的速度），那么该股目前的市销率(P/S)比率仅为1.0。这是一个便宜的估值。</blockquote></p><p> Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p><p><blockquote>竞争对手Zillow Group的市盈率超过3，反映了Opendoor作为前SPAC的折扣。</blockquote></p><p></p><p> <h3>Here's the bottom line</h3> Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is&nbsp;poised to be a big player&nbsp;in real estate's future if it keeps performing like this.</p><p><blockquote><h3>这是底线</h3>房地产是一个巨大的市场，也是一个复杂的行业，因为传统代理商和试图将技术引入购房的“新人”之间存在冲突。现在说Opendoor将成为“<b>亚马逊</b>“但似乎可以肯定的是，如果该公司继续保持这样的表现，它将成为房地产未来的重要参与者。</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>This Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天会让你变得富有</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\">\nThis Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天会让你变得富有</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\">2021-08-29 09:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Key Points</p><p><blockquote>要点</blockquote></p><p> <ul>  <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>  <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>  <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li> </ul> </p><p><blockquote><ul><li>iBuying业务是一场做大的竞赛，Opendoor正在获胜。</li><li>该公司的增长速度比管理层一年前的预测提前了两年。</li><li>市场对几乎所有SPAC都持悲观态度，这使得Opendoor成为最终可能带来巨额回报的便宜货。</li></ul></blockquote></p><p> Real estate iBuying company&nbsp;<b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p><p><blockquote>房地产iBuying公司<b>开门技术</b>（纳斯达克：OPEN）自通过特殊目的收购公司（SPAC）合并上市以来，三个季度的执行情况一直处于高水平。在颠覆全球最大市场之一住宅房地产的竞赛中，Opendoor的长期潜力可能会为耐心的投资者带来丰厚的回报。</blockquote></p><p> Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p><p><blockquote>尽管有上行空间，市场尚未欣赏Opendoor的成就；该股较高点下跌超过50%。有三个重要线索表明，对于大胆的投资者来说，Opendoor可能是一个引人注目的投资理念。</blockquote></p><p> <h3>1. Opendoor is winning the iBuying battle</h3> The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p><p><blockquote><h3>1.Opendoor正在赢得iBuying之战</h3>美国传统的购房流程缓慢，由多方处理，包括代理人、律师、检查员和银行家。这造成了大量来回的文书工作，平均将流程拖到30多天。</blockquote></p><p> Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p><p><blockquote>Opendoor开创了“iBuying”的概念，即房屋的买卖是数字化的，像Opendoor这样的公司直接与卖家合作，为他们提供现金报价和数字化成交流程。然后公司在市场上转售房子。iBuying流程省去了代理商和一些与传统成交相关的费用，如代理商佣金。然后Opendoor在市场上转售房屋，并收取高达5%的交易服务费。</blockquote></p><p> After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including&nbsp;<b>Zillow Group</b>&nbsp;and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p><p><blockquote>在看到Opendoor凭借iBuying概念稳步增长后，竞争对手也开始提供iBuying服务，包括<b>Zillow集团</b>和Offerpad。由于该业务的资本密集型程度（买卖数千套房屋需要大量资金）以及房地产市场的价格竞争力，这些公司都在竞相做大。随着公司买卖更多房屋，他们有能力通过利用外包承包商来节省资金来获得更多利润，并且随着交易数量的增加，其定价算法也会改进。</blockquote></p><p> According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p><p><blockquote>根据专门跟踪iBuying竞争对手的网站iBuyerStats的数据，Opendoor一直拥有最多的待售房屋库存。该公司目前约有3,300套待售房屋，比Zillow多53%，是Offerpad的四倍多。</blockquote></p><p> <h3>2. Revenue growth is ahead of schedule</h3> When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p><p><blockquote><h3>2、营收增速提前</h3>当公司通过SpacMerger上市时，他们会公开介绍自己的业务，通常包括长期增长预测。大约一年前，即2020年9月，Opendoor发布了合并前投资者演示文稿。</blockquote></p><p> Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p><p><blockquote>快进到该公司最近的2021年第二季度收益看涨期权。首席执行官兼创始人Eric Wu在财报看涨期权上表示，“……根据我们目前的进展，我们下半年的收入运行率有望超过2023年的目标，比计划提前了整整两年。”</blockquote></p><p> In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p><p><blockquote>换句话说，如果Opendoor按照目前的业务水平运营12个月，它将超过2023年预计的98亿美元收入。这是一个被忽视的点，因为如果Opendoor已经比其最初的增长曲线提前了两年，那么到2023年它会在哪里？当然，房地产市场下滑或其他事件可能会扰乱公司的增长速度，但Opendoor正在向世界展示该业务正在高水平运营。</blockquote></p><p> <h3>3. SPACs are out of favor with the market... opportunity?</h3> Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p><p><blockquote><h3>3、SPAC失宠于市场……机会？</h3>投资者忽略了这一强劲表现，而是关注Opendoor通过SPAC合并加入公开市场的事实。对于前SPAC来说，经营业绩或收益如何并不重要；几个月来，股市几乎一直在抛售所有基于SPAC的股票。</blockquote></p><p> Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p><p><blockquote>投资者对少数“不良苹果”公司的欺诈行为感到震惊，而其他公司也严重未能实现上市前的预测。这些事件伤害了相关人员，投资者对SPAC整体采取了更加谨慎的态度。</blockquote></p><p> But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p><p><blockquote>但如果像Opendoor这样的公司继续超出预期，市场最终可能会好转。当这种情况发生时，股价可能会大幅波动。如果我们采纳Eric Wu对收入的评论，并假设Opendoor在2022年的销售额为100亿美元（换句话说，Opendoor在接下来的一年里停止增长并保持目前的速度），那么该股目前的市销率(P/S)比率仅为1.0。这是一个便宜的估值。</blockquote></p><p> Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p><p><blockquote>竞争对手Zillow Group的市盈率超过3，反映了Opendoor作为前SPAC的折扣。</blockquote></p><p></p><p> <h3>Here's the bottom line</h3> Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is&nbsp;poised to be a big player&nbsp;in real estate's future if it keeps performing like this.</p><p><blockquote><h3>这是底线</h3>房地产是一个巨大的市场，也是一个复杂的行业，因为传统代理商和试图将技术引入购房的“新人”之间存在冲突。现在说Opendoor将成为“<b>亚马逊</b>“但似乎可以肯定的是，如果该公司继续保持这样的表现，它将成为房地产未来的重要参与者。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/\">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":{"OPEN":"Opendoor Technologies Inc"},"source_url":"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129129956","content_text":"Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.\n\n\nReal estate iBuying company Opendoor Technologies(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.\nDespite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.\n1. Opendoor is winning the iBuying battle\nThe traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.\nOpendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.\nAfter seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including Zillow Group and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.\nAccording to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.\n2. Revenue growth is ahead of schedule\nWhen companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.\nFast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"\nIn other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.\n3. SPACs are out of favor with the market... opportunity?\nInvestors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.\nInvestors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.\nBut if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.\nCompetitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.\nHere's the bottom line\nReal estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"Amazon\" of home buying, but what seems certain is that the company is poised to be a big player in real estate's future if it keeps performing like this.","news_type":1,"symbols_score_info":{"OPEN":0.9}},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114018075,"gmtCreate":1623035279097,"gmtModify":1634096004034,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like and comment please.","listText":"Like and comment please.","text":"Like and comment please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/114018075","repostId":"2141926289","repostType":4,"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108800023,"gmtCreate":1620007868262,"gmtModify":1634208573585,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like and comment for me. Thanks.&nbsp;","listText":"Like and comment for me. Thanks.&nbsp;","text":"Like and comment for me. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/108800023","repostId":"1135819410","repostType":4,"repost":{"id":"1135819410","kind":"news","pubTimestamp":1619999342,"share":"https://www.laohu8.com/m/news/1135819410?lang=zh_CN&edition=full","pubTime":"2021-05-03 07:49","market":"us","language":"en","title":"Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week<blockquote>Uber、辉瑞、PayPal、T-Mobile、ViacomCBS、General Motors等本周值得投资者关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135819410","media":"Barrons","summary":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their fi","content":"<p>It’s another packed week of earnings reports, with 130 S&amp;P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday:&nbsp;Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.</p><p><blockquote>又是财报密集的一周，130家标普500公司即将发布第一季度业绩。雅诗兰黛是周一的亮点之一，周二情况有所好转：动视暴雪、CVS Health、杜邦、辉瑞和T-Mobile US均报告。</blockquote></p><p>On Wednesday,&nbsp;Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings.&nbsp;Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on&nbsp;Friday.</p><p><blockquote>周三，Barrick Gold、Booking Holdings、General Motors、PayPal控股和Uber Technologies将发布财报。百威英博、Moderna、再生元制药、Square和ViacomCBS将于周四发布。最后，Cigna将于周五结束这一周。</blockquote></p><p><img src=\"https://static.tigerbbs.com/e1a866fbe5118566e68842053d76e2b9\" tg-width=\"1382\" tg-height=\"750\"></p><p><blockquote></blockquote></p><p>On the economic calendar this week, the&nbsp;main event will jobs Friday.&nbsp;The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.</p><p><blockquote>在本周的经济日历上，主要事件将是周五的就业。美国劳工统计局预计将报告4月份非农就业人数增加97.5万人，失业率为5.8%，低于一个月前的6%。</blockquote></p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its&nbsp;Services equivalent on Wednesday.</p><p><blockquote>本周公布的其他数据包括供应管理协会周一公布的4月份制造业采购经理人指数和周三公布的服务业采购经理人指数。</blockquote></p><p>Enterprise Products Partners&nbsp;and Estée Lauder release earnings.</p><p><blockquote>企业产品合作伙伴和雅诗兰黛发布收益。</blockquote></p><p>Merck and&nbsp;Public Storage&nbsp;hold virtual investor days.</p><p><blockquote>默克和Public Storage举办虚拟投资者日。</blockquote></p><p><b>The Census Bureau</b>&nbsp;reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.</p><p><blockquote><b>人口普查局</b>报告三月份建筑支出数据。市场普遍预计建筑支出环比增长0.6%，经季节调整后的年率为1.53万亿美元。</blockquote></p><p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.</p><p><blockquote><b>供应研究所</b>管理层发布四月份制造业采购经理人指数。经济学家预测为65，与3月份的数据大致持平。3月份的读数是该指数自1983年12月以来的最高值。</blockquote></p><p><b>Tuesday 5/4</b></p><p><blockquote><b>星期二5/4</b></blockquote></p><p>Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.</p><p><blockquote>动视暴雪、康菲石油公司、康明斯、CVS Health、Dominion Energy、杜邦、伊顿、辉瑞、Sysco和T-Mobile US报告季度业绩。</blockquote></p><p>Eli Lilly&nbsp;holds a conference call to discuss its sustainability initiatives.</p><p><blockquote>礼来公司召开电话会议讨论其可持续发展计划。</blockquote></p><p>Union Pacific&nbsp;holds its 2021 virtual investor day.</p><p><blockquote>联合太平洋公司举办2021年虚拟投资者日。</blockquote></p><p><b>Wednesday 5/5</b></p><p><blockquote><b>星期三5/5</b></blockquote></p><p>Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.</p><p><blockquote>Barrick Gold、Booking Holdings、BorgWarner、Emerson Electric、General Motors、Hilton Worldwide Holdings、Novo Nordisk、PayPal控股和Uber Technologies发布财报。</blockquote></p><p><b>ADP releases</b>&nbsp;its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.</p><p><blockquote><b>ADP释放</b>四月份全国就业报告。继3月份增加517,000个工作岗位后，预计私营部门就业岗位将增加762,500个。</blockquote></p><p><b>ISM releases</b>&nbsp;its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.</p><p><blockquote><b>ISM版本</b>4月份服务业PMI。普遍的看涨期权为64.6，比3月份的数据高出一个百分点。3月份的读数是该指数的历史新高。</blockquote></p><p><b>Thursday 5/6</b></p><p><blockquote><b>星期四5/6</b></blockquote></p><p>Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and&nbsp;Zoetishold conference calls to discuss quarterly results.</p><p><blockquote>百威英博、Becton Dickinson、Expedia Group、富达国家信息服务公司、家乐氏、林德、大都会人寿、Moderna、再生元制药、Square、ViacomCBS和Zoetishold在评级召开会议讨论季度业绩。</blockquote></p><p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.</p><p><blockquote><b>劳工部</b>报告截至5月1日当周首次申请失业救济人数。4月份平均每周初请失业金人数为611,750人，处于去年3月以来的最低水平。</blockquote></p><p><b>The Bureau of Labor</b>&nbsp;Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.</p><p><blockquote><b>劳工局</b>统计数据报告了第一季度的劳动力成本和生产率。预计经季节调整后的生产率年增长率为2.2%，而2020年第四季度为下降4.2%。单位劳动力成本在此前上涨6%后预计将下降0.4%。</blockquote></p><p><b>Friday 5/7</b></p><p><blockquote><b>星期五5/7</b></blockquote></p><p><b>The Bureau of Labor</b>&nbsp;Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.</p><p><blockquote><b>劳工局</b>统计局发布四月份就业报告。经济学家预测非农就业人数将增加975,000人。失业率预计将从6%小幅降至5.8%。</blockquote></p><p>Cigna and&nbsp;<b>Liberty Media</b>&nbsp;report earnings.</p><p><blockquote>信诺和<b>自由媒体</b>报告收益。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week<blockquote>Uber、辉瑞、PayPal、T-Mobile、ViacomCBS、General Motors等本周值得投资者关注的股票</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\">\nUber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week<blockquote>Uber、辉瑞、PayPal、T-Mobile、ViacomCBS、General Motors等本周值得投资者关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-05-03 07:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It’s another packed week of earnings reports, with 130 S&amp;P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday:&nbsp;Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.</p><p><blockquote>又是财报密集的一周，130家标普500公司即将发布第一季度业绩。雅诗兰黛是周一的亮点之一，周二情况有所好转：动视暴雪、CVS Health、杜邦、辉瑞和T-Mobile US均报告。</blockquote></p><p>On Wednesday,&nbsp;Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings.&nbsp;Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on&nbsp;Friday.</p><p><blockquote>周三，Barrick Gold、Booking Holdings、General Motors、PayPal控股和Uber Technologies将发布财报。百威英博、Moderna、再生元制药、Square和ViacomCBS将于周四发布。最后，Cigna将于周五结束这一周。</blockquote></p><p><img src=\"https://static.tigerbbs.com/e1a866fbe5118566e68842053d76e2b9\" tg-width=\"1382\" tg-height=\"750\"></p><p><blockquote></blockquote></p><p>On the economic calendar this week, the&nbsp;main event will jobs Friday.&nbsp;The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.</p><p><blockquote>在本周的经济日历上，主要事件将是周五的就业。美国劳工统计局预计将报告4月份非农就业人数增加97.5万人，失业率为5.8%，低于一个月前的6%。</blockquote></p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its&nbsp;Services equivalent on Wednesday.</p><p><blockquote>本周公布的其他数据包括供应管理协会周一公布的4月份制造业采购经理人指数和周三公布的服务业采购经理人指数。</blockquote></p><p>Enterprise Products Partners&nbsp;and Estée Lauder release earnings.</p><p><blockquote>企业产品合作伙伴和雅诗兰黛发布收益。</blockquote></p><p>Merck and&nbsp;Public Storage&nbsp;hold virtual investor days.</p><p><blockquote>默克和Public Storage举办虚拟投资者日。</blockquote></p><p><b>The Census Bureau</b>&nbsp;reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.</p><p><blockquote><b>人口普查局</b>报告三月份建筑支出数据。市场普遍预计建筑支出环比增长0.6%，经季节调整后的年率为1.53万亿美元。</blockquote></p><p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.</p><p><blockquote><b>供应研究所</b>管理层发布四月份制造业采购经理人指数。经济学家预测为65，与3月份的数据大致持平。3月份的读数是该指数自1983年12月以来的最高值。</blockquote></p><p><b>Tuesday 5/4</b></p><p><blockquote><b>星期二5/4</b></blockquote></p><p>Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.</p><p><blockquote>动视暴雪、康菲石油公司、康明斯、CVS Health、Dominion Energy、杜邦、伊顿、辉瑞、Sysco和T-Mobile US报告季度业绩。</blockquote></p><p>Eli Lilly&nbsp;holds a conference call to discuss its sustainability initiatives.</p><p><blockquote>礼来公司召开电话会议讨论其可持续发展计划。</blockquote></p><p>Union Pacific&nbsp;holds its 2021 virtual investor day.</p><p><blockquote>联合太平洋公司举办2021年虚拟投资者日。</blockquote></p><p><b>Wednesday 5/5</b></p><p><blockquote><b>星期三5/5</b></blockquote></p><p>Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.</p><p><blockquote>Barrick Gold、Booking Holdings、BorgWarner、Emerson Electric、General Motors、Hilton Worldwide Holdings、Novo Nordisk、PayPal控股和Uber Technologies发布财报。</blockquote></p><p><b>ADP releases</b>&nbsp;its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.</p><p><blockquote><b>ADP释放</b>四月份全国就业报告。继3月份增加517,000个工作岗位后，预计私营部门就业岗位将增加762,500个。</blockquote></p><p><b>ISM releases</b>&nbsp;its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.</p><p><blockquote><b>ISM版本</b>4月份服务业PMI。普遍的看涨期权为64.6，比3月份的数据高出一个百分点。3月份的读数是该指数的历史新高。</blockquote></p><p><b>Thursday 5/6</b></p><p><blockquote><b>星期四5/6</b></blockquote></p><p>Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and&nbsp;Zoetishold conference calls to discuss quarterly results.</p><p><blockquote>百威英博、Becton Dickinson、Expedia Group、富达国家信息服务公司、家乐氏、林德、大都会人寿、Moderna、再生元制药、Square、ViacomCBS和Zoetishold在评级召开会议讨论季度业绩。</blockquote></p><p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.</p><p><blockquote><b>劳工部</b>报告截至5月1日当周首次申请失业救济人数。4月份平均每周初请失业金人数为611,750人，处于去年3月以来的最低水平。</blockquote></p><p><b>The Bureau of Labor</b>&nbsp;Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.</p><p><blockquote><b>劳工局</b>统计数据报告了第一季度的劳动力成本和生产率。预计经季节调整后的生产率年增长率为2.2%，而2020年第四季度为下降4.2%。单位劳动力成本在此前上涨6%后预计将下降0.4%。</blockquote></p><p><b>Friday 5/7</b></p><p><blockquote><b>星期五5/7</b></blockquote></p><p><b>The Bureau of Labor</b>&nbsp;Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.</p><p><blockquote><b>劳工局</b>统计局发布四月份就业报告。经济学家预测非农就业人数将增加975,000人。失业率预计将从6%小幅降至5.8%。</blockquote></p><p>Cigna and&nbsp;<b>Liberty Media</b>&nbsp;report earnings.</p><p><blockquote>信诺和<b>自由媒体</b>报告收益。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2\">Barrons</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":{"PYPL":"PayPal","TMUS":"T-Mobile US Inc",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","GM":"通用汽车","PFE":"辉瑞","UBER":"优步",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135819410","content_text":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.On Wednesday, Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings. Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on Friday.On the economic calendar this week, the main event will jobs Friday. The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its Services equivalent on Wednesday.Enterprise Products Partners and Estée Lauder release earnings.Merck and Public Storage hold virtual investor days.The Census Bureau reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.The Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.Tuesday 5/4Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.Eli Lilly holds a conference call to discuss its sustainability initiatives.Union Pacific holds its 2021 virtual investor day.Wednesday 5/5Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.ADP releases its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.ISM releases its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.Thursday 5/6Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and Zoetishold conference calls to discuss quarterly results.The Department of Labor reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.The Bureau of Labor Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.Friday 5/7The Bureau of Labor Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.Cigna and Liberty Media report earnings.","news_type":1,"symbols_score_info":{"UBER":0.9,"PYPL":0.9,"PFE":0.9,"VIACP":0.9,".IXIC":0.9,"GM":0.9,".DJI":0.9,"TMUS":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181882122,"gmtCreate":1623384840766,"gmtModify":1634033915018,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like and comment pls.&nbsp;","listText":"Like and comment pls.&nbsp;","text":"Like and comment 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please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/347968567","repostId":"1150469902","repostType":4,"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349606887,"gmtCreate":1617596679149,"gmtModify":1634297670404,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like and comment.&nbsp;","listText":"Like and comment.&nbsp;","text":"Like and comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/349606887","repostId":"2124875875","repostType":4,"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356434311,"gmtCreate":1616805573633,"gmtModify":1634523928511,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like and comment pls.&nbsp;","listText":"Like and comment pls.&nbsp;","text":"Like and comment pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/356434311","repostId":"1141686975","repostType":4,"repost":{"id":"1141686975","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":1616780260,"share":"https://www.laohu8.com/m/news/1141686975?lang=zh_CN&edition=full","pubTime":"2021-03-27 01:37","market":"us","language":"en","title":"Zhihu Technology fall on its first day of trading<blockquote>知乎科技上市首日下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1141686975","media":"Tiger Newspress","summary":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO pri","content":"<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><blockquote>知乎科技股价周五开盘价为每股8.02美元，比该公司9.5美元的IPO价格低约15.6%。知乎IPO价格处于区间低端，公司估值约为53亿美元。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p><blockquote>知乎公司周五宣布其首次公开募股定价为每股美国存托股9.50美元，处于预期区间的低端。这家总部位于中国的在线内容公司在IPO中发行了5500万份ADS，筹集了5.225亿美元，而该公司的定价约为53.1亿美元。</blockquote></p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><blockquote>知乎的商业模式与Quora相似，数百万人提问并交流他们的观点和经验。知乎已经成为国内最大的在线问答社区。</blockquote></p><p><b>Sales Breakdown</b></p><p><blockquote><b>销售明细</b></blockquote></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p><blockquote>广告和付费会员占公司收入的最大部分。2019年和2020年，广告分别占总收入的86.1%和62.4%。我们预计广告占收入的百分比将在未来五年内逐渐下降，因为它被更快增长的付费会员和内容商务解决方案所抵消。我们预计广告占销售额的百分比将在2021年下降至34.1%，在2025年下降至22.3%。</blockquote></p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p><blockquote>付费会员占2019年总收入的13.1%，2020年增至总收入的23.7%。我们假设付费会员收入占总收入的百分比将在2021年和2025年分别增至31.5%和37.8%。</blockquote></p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><blockquote>2020年，内容商务解决方案和其他销售额也大幅增长。内容商务解决方案收入从2019年的60万元跃升至2020年的1.358亿元。2020年初，该公司推出了内容商务解决方案，为商家和品牌提供一站式服务，满足其所有销售和营销需求，包括营销计划。我们假设内容商务解决方案占总收入的百分比将从2020年的10%跃升至2021年的17.8%和2025年的32.3%。</blockquote></p><p><b>Gross Margins</b></p><p><blockquote><b>毛利率</b></blockquote></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><blockquote>在业务可扩展性整体提升的推动下，公司毛利率从2019年的46.6%提升至2020年的56.0%。我们假设毛利率在2021年和2025年进一步提高至57.4%和62.3%。</blockquote></p><p><b>Total Operating Expenses and Operating Margins</b></p><p><blockquote><b>总营业费用和营业利润率</b></blockquote></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><blockquote>总运营费用占收入的百分比由2019年的204.4%大幅下降至2020年的100.6%。我们预计这一比例将在2021年进一步提高至79%，2022年为69.2%，2025年为57.2%。运营费用的改善大部分来自未来五年SG&amp;A和R&amp;D费用占收入百分比的降低。</blockquote></p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>Company Background</b></p><p><blockquote><b>公司背景</b></blockquote></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p><blockquote>2020年底，知乎累计有超过4310万内容创作者，贡献了3.15亿个问答。2020年第四季度，该公司平均月活跃用户为7570万，同比增长33%。该公司的关键优势之一是，它被公认为最值得信赖的在线内容社区之一，并被视为提供中国最优质的内容之一。知乎试图利用其庞大的用户群提供众多多媒体功能，包括直播、电子商务、在线教育和其他视频内容。</blockquote></p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p><blockquote>2019年8月，知乎获得了包括百度和快手科技在内的领先投资者4.34亿美元的融资，公司估值为35亿美元。鉴于该公司2019年的销售额为9700万美元，这意味着市盈率估值倍数为36倍。如果我们将相同的市盈率倍数应用于该公司2020年2.07亿美元的销售额，这将表明隐含估值为75亿美元。</blockquote></p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><blockquote>知乎最初是在2010年作为一个问答在线社区开发的。截至2020年底，共有3.15亿次问答，跨越1000多个垂直领域和57.1万个主题。按2020年平均移动月活跃用户数及收入计，知乎是中国五大综合在线内容社区之一。该公司使用人工智能、云和大数据算法来提高其内容和服务的优化。</blockquote></p><p><b>Major Shareholders of Zhihu</b></p><p><blockquote><b>知乎主要股东</b></blockquote></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><blockquote>创始人兼首席执行官周元拥有该公司8.2%的股份（但拥有46.6%的投票权）。创新工场拥有知乎13.1%的股份，腾讯控股控股有限公司拥有知乎12.3%的股份。</blockquote></p><p><b>Key Demographics</b></p><p><blockquote><b>关键人口统计</b></blockquote></p><p></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><blockquote>下图提供了知乎用户群的一些关键人口统计数据。男性用户占总用户的56.9%。30岁以下人群占其总用户群的78.7%。一线及新一线城市佔总用户群的52.6%。知乎的很多用户都是学生和白领专业人士。</blockquote></p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>Revenue Breakdown</b></p><p><blockquote><b>收入明细</b></blockquote></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p><blockquote>广告和付费会员占公司收入的最大部分。2019年和2020年，广告分别占总收入的86.1%和62.4%。该公司的广告收入主要由其月活跃用户数和每个月活跃用户数的广告收入推动。2020年，公司月活跃用户数同比增长42.7%至6850万。该公司于2016年开始在线广告业务，并于2018年引入付费内容。</blockquote></p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p><blockquote>付费会员占2019年总收入的13.1%，2020年增至总收入的23.7%。2020年，月均会员同比增长311.5%至236万，这证明越来越多的客户重视知乎上的优质内容。</blockquote></p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p><blockquote>2019年3月，公司推出Yan Selection会员计划，使其成为第一个基于付费的问答社区。它为会员提供了对约340万个付费内容的无限制访问，包括在线讲座、专栏、有声读物和电子期刊。这是该公司最大的优势之一，因为它显示了高质量的数据和内容如何能够产生大量收入，并且还提供了更稳定的每月收入流入。</blockquote></p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p><blockquote>2020年，内容商务解决方案和其他销售额也大幅增长。内容商务解决方案收入从2019年的60万元跃升至2020年的1.358亿元。2020年初，该公司推出了内容商务解决方案，为商家和品牌提供一站式服务，满足其所有销售和营销需求，包括营销计划、为感兴趣的用户分配最相关的内容创作者以及促进内容创作。</blockquote></p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><blockquote>中国的内容商务解决方案市场预计将成为未来几年增长最快的行业之一。根据灼识谘询的资料，中国内容商务解决方案市场预期于2019年至2025年将享有46.4%的强劲复合年增长率（1,123亿元人民币）。</blockquote></p><p><b>Market Opportunities</b></p><p><blockquote><b>市场机会</b></blockquote></p><p><b>China’s Online Content Communities Market Size</b></p><p><blockquote><b>中国在线内容社区市场规模</b></blockquote></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p><blockquote>在线内容社区是指专注于UGC（用户生成内容）（包括PUGC（专业用户生成内容））的在线内容市场参与者，其中内容创作者也是用户，他们积极参与社区。与PGC（专业生成内容）玩家相比，内容社区通常可以激发更高水平的用户参与度、更具互动性的用户体验，并享受更低的内容成本。PGC是由品牌公司或组织创建的内容。</blockquote></p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p><blockquote>中国在线内容社区市场规模由2015年的386亿元人民币增至2019年的2758亿元人民币，预计将进一步增至2025年的1.3万亿元人民币，2019年至2025年的复合年增长率为30.3%，高于整体在线内容市场增长。</blockquote></p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p><blockquote>中国在线内容社区市场拥有更多元化的变现渠道，包括在线广告、付费会员、内容电商、内容电商解决方案、直播虚拟礼品、在线游戏及在线教育服务。相比之下，美国在线内容社区的变现主要是通过广告。</blockquote></p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><blockquote>该公司的一个主要积极因素是，越来越多的中国消费者愿意为更高质量的内容付费。预计2019年至2025年期间，中国在线内容社区的付费用户数量将以17.1%的复合年增长率增长，这意味着在线内容社区的额外付费用户将增加3.604亿至2025年的5.882亿。</blockquote></p><p><b>China's Online Content Market</b></p><p><blockquote><b>中国在线内容市场</b></blockquote></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><blockquote>中国在线内容市场较2015年增长两倍，2019年达到1.2万亿人民币。预计该市场将于2025年增至3.7万亿元人民币，2019年至2025年的复合年增长率为21.4%。</blockquote></p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><blockquote><b>二零一五年至二零二五年（估计）中国在线内容市场规模（以收入计）</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><blockquote><b>二零一五年至二零二五年（估计）中国在线内容社区的市场规模（以收益计）</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><blockquote><b>中国付费会员市场规模（以收入计），2015年至2025年（估计）</b></blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>Content-commerce solutions</b></p><p><blockquote><b>内容商务解决方案</b></blockquote></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><blockquote>为了提供整合营销服务，在线内容社区为内容创建、内容分发和内容转换提供内容商务解决方案。该公司提供综合内容商务解决方案，为商家和品牌的所有销售和营销需求提供一站式服务，从制定营销计划、促进内容创作、分配最相关的内容创作者，到向感兴趣的用户分发。中国内容商务解决方案市场预期将由2019年的人民币114亿元增长至2025年的人民币1123亿元，复合年增长率为46.4%。</blockquote></p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><blockquote><b>二零一五年至二零二五年（估计）中国内容商务解决方案市场规模（以收入计）</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" 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>Zhihu Technology fall on its first day of trading<blockquote>知乎科技上市首日下跌</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; 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\">\nZhihu Technology fall on its first day of trading<blockquote>知乎科技上市首日下跌</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\">2021-03-27 01:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><blockquote>知乎科技股价周五开盘价为每股8.02美元，比该公司9.5美元的IPO价格低约15.6%。知乎IPO价格处于区间低端，公司估值约为53亿美元。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p><blockquote>知乎公司周五宣布其首次公开募股定价为每股美国存托股9.50美元，处于预期区间的低端。这家总部位于中国的在线内容公司在IPO中发行了5500万份ADS，筹集了5.225亿美元，而该公司的定价约为53.1亿美元。</blockquote></p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><blockquote>知乎的商业模式与Quora相似，数百万人提问并交流他们的观点和经验。知乎已经成为国内最大的在线问答社区。</blockquote></p><p><b>Sales Breakdown</b></p><p><blockquote><b>销售明细</b></blockquote></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p><blockquote>广告和付费会员占公司收入的最大部分。2019年和2020年，广告分别占总收入的86.1%和62.4%。我们预计广告占收入的百分比将在未来五年内逐渐下降，因为它被更快增长的付费会员和内容商务解决方案所抵消。我们预计广告占销售额的百分比将在2021年下降至34.1%，在2025年下降至22.3%。</blockquote></p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p><blockquote>付费会员占2019年总收入的13.1%，2020年增至总收入的23.7%。我们假设付费会员收入占总收入的百分比将在2021年和2025年分别增至31.5%和37.8%。</blockquote></p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><blockquote>2020年，内容商务解决方案和其他销售额也大幅增长。内容商务解决方案收入从2019年的60万元跃升至2020年的1.358亿元。2020年初，该公司推出了内容商务解决方案，为商家和品牌提供一站式服务，满足其所有销售和营销需求，包括营销计划。我们假设内容商务解决方案占总收入的百分比将从2020年的10%跃升至2021年的17.8%和2025年的32.3%。</blockquote></p><p><b>Gross Margins</b></p><p><blockquote><b>毛利率</b></blockquote></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><blockquote>在业务可扩展性整体提升的推动下，公司毛利率从2019年的46.6%提升至2020年的56.0%。我们假设毛利率在2021年和2025年进一步提高至57.4%和62.3%。</blockquote></p><p><b>Total Operating Expenses and Operating Margins</b></p><p><blockquote><b>总营业费用和营业利润率</b></blockquote></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><blockquote>总运营费用占收入的百分比由2019年的204.4%大幅下降至2020年的100.6%。我们预计这一比例将在2021年进一步提高至79%，2022年为69.2%，2025年为57.2%。运营费用的改善大部分来自未来五年SG&amp;A和R&amp;D费用占收入百分比的降低。</blockquote></p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>Company Background</b></p><p><blockquote><b>公司背景</b></blockquote></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p><blockquote>2020年底，知乎累计有超过4310万内容创作者，贡献了3.15亿个问答。2020年第四季度，该公司平均月活跃用户为7570万，同比增长33%。该公司的关键优势之一是，它被公认为最值得信赖的在线内容社区之一，并被视为提供中国最优质的内容之一。知乎试图利用其庞大的用户群提供众多多媒体功能，包括直播、电子商务、在线教育和其他视频内容。</blockquote></p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p><blockquote>2019年8月，知乎获得了包括百度和快手科技在内的领先投资者4.34亿美元的融资，公司估值为35亿美元。鉴于该公司2019年的销售额为9700万美元，这意味着市盈率估值倍数为36倍。如果我们将相同的市盈率倍数应用于该公司2020年2.07亿美元的销售额，这将表明隐含估值为75亿美元。</blockquote></p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><blockquote>知乎最初是在2010年作为一个问答在线社区开发的。截至2020年底，共有3.15亿次问答，跨越1000多个垂直领域和57.1万个主题。按2020年平均移动月活跃用户数及收入计，知乎是中国五大综合在线内容社区之一。该公司使用人工智能、云和大数据算法来提高其内容和服务的优化。</blockquote></p><p><b>Major Shareholders of Zhihu</b></p><p><blockquote><b>知乎主要股东</b></blockquote></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><blockquote>创始人兼首席执行官周元拥有该公司8.2%的股份（但拥有46.6%的投票权）。创新工场拥有知乎13.1%的股份，腾讯控股控股有限公司拥有知乎12.3%的股份。</blockquote></p><p><b>Key Demographics</b></p><p><blockquote><b>关键人口统计</b></blockquote></p><p></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><blockquote>下图提供了知乎用户群的一些关键人口统计数据。男性用户占总用户的56.9%。30岁以下人群占其总用户群的78.7%。一线及新一线城市佔总用户群的52.6%。知乎的很多用户都是学生和白领专业人士。</blockquote></p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>Revenue Breakdown</b></p><p><blockquote><b>收入明细</b></blockquote></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p><blockquote>广告和付费会员占公司收入的最大部分。2019年和2020年，广告分别占总收入的86.1%和62.4%。该公司的广告收入主要由其月活跃用户数和每个月活跃用户数的广告收入推动。2020年，公司月活跃用户数同比增长42.7%至6850万。该公司于2016年开始在线广告业务，并于2018年引入付费内容。</blockquote></p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p><blockquote>付费会员占2019年总收入的13.1%，2020年增至总收入的23.7%。2020年，月均会员同比增长311.5%至236万，这证明越来越多的客户重视知乎上的优质内容。</blockquote></p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p><blockquote>2019年3月，公司推出Yan Selection会员计划，使其成为第一个基于付费的问答社区。它为会员提供了对约340万个付费内容的无限制访问，包括在线讲座、专栏、有声读物和电子期刊。这是该公司最大的优势之一，因为它显示了高质量的数据和内容如何能够产生大量收入，并且还提供了更稳定的每月收入流入。</blockquote></p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p><blockquote>2020年，内容商务解决方案和其他销售额也大幅增长。内容商务解决方案收入从2019年的60万元跃升至2020年的1.358亿元。2020年初，该公司推出了内容商务解决方案，为商家和品牌提供一站式服务，满足其所有销售和营销需求，包括营销计划、为感兴趣的用户分配最相关的内容创作者以及促进内容创作。</blockquote></p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><blockquote>中国的内容商务解决方案市场预计将成为未来几年增长最快的行业之一。根据灼识谘询的资料，中国内容商务解决方案市场预期于2019年至2025年将享有46.4%的强劲复合年增长率（1,123亿元人民币）。</blockquote></p><p><b>Market Opportunities</b></p><p><blockquote><b>市场机会</b></blockquote></p><p><b>China’s Online Content Communities Market Size</b></p><p><blockquote><b>中国在线内容社区市场规模</b></blockquote></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p><blockquote>在线内容社区是指专注于UGC（用户生成内容）（包括PUGC（专业用户生成内容））的在线内容市场参与者，其中内容创作者也是用户，他们积极参与社区。与PGC（专业生成内容）玩家相比，内容社区通常可以激发更高水平的用户参与度、更具互动性的用户体验，并享受更低的内容成本。PGC是由品牌公司或组织创建的内容。</blockquote></p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p><blockquote>中国在线内容社区市场规模由2015年的386亿元人民币增至2019年的2758亿元人民币，预计将进一步增至2025年的1.3万亿元人民币，2019年至2025年的复合年增长率为30.3%，高于整体在线内容市场增长。</blockquote></p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p><blockquote>中国在线内容社区市场拥有更多元化的变现渠道，包括在线广告、付费会员、内容电商、内容电商解决方案、直播虚拟礼品、在线游戏及在线教育服务。相比之下，美国在线内容社区的变现主要是通过广告。</blockquote></p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><blockquote>该公司的一个主要积极因素是，越来越多的中国消费者愿意为更高质量的内容付费。预计2019年至2025年期间，中国在线内容社区的付费用户数量将以17.1%的复合年增长率增长，这意味着在线内容社区的额外付费用户将增加3.604亿至2025年的5.882亿。</blockquote></p><p><b>China's Online Content Market</b></p><p><blockquote><b>中国在线内容市场</b></blockquote></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><blockquote>中国在线内容市场较2015年增长两倍，2019年达到1.2万亿人民币。预计该市场将于2025年增至3.7万亿元人民币，2019年至2025年的复合年增长率为21.4%。</blockquote></p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><blockquote><b>二零一五年至二零二五年（估计）中国在线内容市场规模（以收入计）</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><blockquote><b>二零一五年至二零二五年（估计）中国在线内容社区的市场规模（以收益计）</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><blockquote><b>中国付费会员市场规模（以收入计），2015年至2025年（估计）</b></blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>Content-commerce solutions</b></p><p><blockquote><b>内容商务解决方案</b></blockquote></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><blockquote>为了提供整合营销服务，在线内容社区为内容创建、内容分发和内容转换提供内容商务解决方案。该公司提供综合内容商务解决方案，为商家和品牌的所有销售和营销需求提供一站式服务，从制定营销计划、促进内容创作、分配最相关的内容创作者，到向感兴趣的用户分发。中国内容商务解决方案市场预期将由2019年的人民币114亿元增长至2025年的人民币1123亿元，复合年增长率为46.4%。</blockquote></p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><blockquote><b>二零一五年至二零二五年（估计）中国内容商务解决方案市场规模（以收入计）</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZH":"知乎"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141686975","content_text":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO price $9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.Zhihu Inc. announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.Sales BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.Gross MarginsThe company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.Total Operating Expenses and Operating MarginsTotal operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&A and R&D expenses as a percentage of revenues in the next five years.Company BackgroundAt the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.Major Shareholders of ZhihuThe founder & CEO Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.Key DemographicsThe diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.Revenue BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions & answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).Market OpportunitiesChina’s Online Content Communities Market SizeOnline content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.China's Online Content MarketChina's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.China’s Online Content Market Size (in terms of revenue), 2015-2025EMarket Size of China’s Online Content Communities (in terms of revenue),2015-2025EChina’s Paid Membership Market Size (in terms of revenue), 2015-2025EContent-commerce solutionsTo provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E","news_type":1,"symbols_score_info":{"ZH":0.9}},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323506167,"gmtCreate":1615351204059,"gmtModify":1703487752414,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Comment and like","listText":"Comment and like","text":"Comment and 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please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/821425515","repostId":"2174920514","repostType":4,"isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":132750829,"gmtCreate":1622117763761,"gmtModify":1634183716220,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like and comment please.&nbsp;","listText":"Like and comment please.&nbsp;","text":"Like and comment please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/132750829","repostId":"1188205901","repostType":4,"repost":{"id":"1188205901","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":1622117079,"share":"https://www.laohu8.com/m/news/1188205901?lang=zh_CN&edition=full","pubTime":"2021-05-27 20:04","market":"us","language":"en","title":"President Biden will propose a $6 trillion budget, documents obtained by The Times show.<blockquote>《泰晤士报》获得的文件显示，拜登总统将提出6万亿美元的预算。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188205901","media":"Tiger Newspress","summary":"President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising ","content":"<p>President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.</p><p><blockquote>据《纽约时报》周四报道，美国总统乔·拜登将在2022财年寻求6万亿美元的美国联邦支出，到2031年将增至8.2万亿美元，这是白宫预计将公布预算提案的前一天。</blockquote></p><p>Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.</p><p><blockquote>《纽约时报》援引其获得的文件称，这位民主党总统计划通过增加对企业和高收入者的税收来支付他的议程，预算赤字将在2030年代开始减少。</blockquote></p><p>On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.</p><p><blockquote>周五，拜登将发布自1月份上任以来的第一份完整预算，他寻求在国家重建工作中推进投资基础设施、儿童保育和其他公共工程的优先事项。</blockquote></p><p>Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.</p><p><blockquote>共和党人批评总统寻求数万亿美元的新支出，为围绕他的优先事项的激战埋下了伏笔。</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>President Biden will propose a $6 trillion budget, documents obtained by The Times show.<blockquote>《泰晤士报》获得的文件显示，拜登总统将提出6万亿美元的预算。</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\">\nPresident Biden will propose a $6 trillion budget, documents obtained by The Times show.<blockquote>《泰晤士报》获得的文件显示，拜登总统将提出6万亿美元的预算。</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\">2021-05-27 20:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.</p><p><blockquote>据《纽约时报》周四报道，美国总统乔·拜登将在2022财年寻求6万亿美元的美国联邦支出，到2031年将增至8.2万亿美元，这是白宫预计将公布预算提案的前一天。</blockquote></p><p>Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.</p><p><blockquote>《纽约时报》援引其获得的文件称，这位民主党总统计划通过增加对企业和高收入者的税收来支付他的议程，预算赤字将在2030年代开始减少。</blockquote></p><p>On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.</p><p><blockquote>周五，拜登将发布自1月份上任以来的第一份完整预算，他寻求在国家重建工作中推进投资基础设施、儿童保育和其他公共工程的优先事项。</blockquote></p><p>Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.</p><p><blockquote>共和党人批评总统寻求数万亿美元的新支出，为围绕他的优先事项的激战埋下了伏笔。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188205901","content_text":"President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379619126,"gmtCreate":1618726026565,"gmtModify":1634291225212,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like and comment please.&nbsp;","listText":"Like and comment please.&nbsp;","text":"Like and comment please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/379619126","repostId":"1175692875","repostType":4,"repost":{"id":"1175692875","kind":"news","pubTimestamp":1618582708,"share":"https://www.laohu8.com/m/news/1175692875?lang=zh_CN&edition=full","pubTime":"2021-04-16 22:18","market":"us","language":"en","title":"$544 Billion In Options Expire Today: Here's What Will Move<blockquote>5440亿美元期权今天到期：以下是将发生的变化</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1175692875","media":"zerohedge","summary":"While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire","content":"<p>While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.</p><p><blockquote>虽然这不是四（甚至三）巫术日，但今天的大量每周期权将到期，其中可能一文不值，其他期权将为基础价格提供支持“引脚”。这就是为什么，尽管我们正在享受一个美丽的春季周，高盛指出，单一股票期权交易活动相对于历史水平有所上升。也就是说，4月份每日期权交易量增长了70%，高于3月30日年初至今24亿美元的低点。</blockquote></p><p><b>In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.</b>As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.</p><p><blockquote><b>总体而言，单个股票中有5440亿美元的期权将于今天到期，其中包括3050亿美元的评级。</b>因此，今天的到期对于平值（ATM）期权持有大量未平仓合约的股票可能很重要，因为做市商对其异常大的期权投资组合进行delta对冲将会很活跃。这种流动可能会抑制某些股票的波动，同时加剧其他股票的股价波动。</blockquote></p><p>How to trade this?</p><p><blockquote>这个怎么交易？</blockquote></p><p>As Goldman's Vishal Vivek writes, at major expirations, options traders track situations where<b>a large amount of open interest is set to expire.</b>In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.</p><p><blockquote>正如高盛的维沙尔·维韦克（Vishal Vivek）所写，在重大到期时，期权交易者会跟踪以下情况：<b>大量未平仓合约即将到期。</b>在平价执行（执行价格等于或非常接近当前股价）中存在大量到期未平仓合约的情况下，delta对冲活动可能会影响标的股票当天的交易。如果做市商或其他对其头寸进行delta对冲的期权交易者是净多头ATM期权，则与到期相关的流量可能会产生抑制股价走势的效果，导致股价以大量未平仓合约在行权附近结算。这种情况通常被称为“pin”，对于试图进入/退出股票头寸的大型投资者来说是理想的情况。或者，如果delta对冲者是ATM期权的净空头（具有“负伽马”头寸），他们的对冲活动可能会加剧股价波动。</blockquote></p><p>What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.</p><p><blockquote>这意味着与到期相关的交易可能会导致具有大量ATM未平仓合约的股票的交易活动大幅回升。</blockquote></p><p>So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"<i>expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"</i></p><p><blockquote>因此，为了帮助寻求日内交易机会的交易者，这里有一个表格，列出了今天到期的ATM未平仓合约较大的可能焦点股票，并与标的股票的日均交易量进行了比较。正如高盛所说，“<i>如果未平仓合约占股票交易量的很大一部分，那么与到期相关的活动可能会产生更大的影响。”</i></blockquote></p><p><img src=\"https://static.tigerbbs.com/0dac61cb87c2f2700d8a0e8e64324f81\" tg-width=\"500\" tg-height=\"638\" referrerpolicy=\"no-referrer\">Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"</p><p><blockquote>最后，值得一提的是，今天早上我们在SpotGamma的朋友写道，这是一个相当奇怪的运营支出周期，“持续的几乎机械的出价推动市场走高。我们以前从未见过看涨期权墙“突破”过很多次，但我们在之前的笔记中提到过其他异常现象，例如净看跌期权销售。我们对此有一些理论，我们将在一篇更长的文章中发布。”</blockquote></p><p>According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).<b>These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX&nbsp; (i.e. implied volatility) reversed.</b></p><p><blockquote>根据SG的说法，由于隐含波动率现在已经压缩（即VIX处于新低），现在“长期”波动的潜力更大。回想一下最近市场的任何剧烈下跌都是如何被如此迅速地买入的（见下图）。<b>这些大幅走低与创纪录的VIX飙升同时发生，但随着VIX（即隐含波动率）的逆转，反射性的snap回调将带来同等力度的市场复苏。</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/ae7a60d873792b825bdda669cafa0ed3\" tg-width=\"500\" tg-height=\"297\" referrerpolicy=\"no-referrer\">And one other curious observation from SpotGamma:</p><p><blockquote>SpotGamma的另一个奇怪观察：</blockquote></p><p>When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. <b>We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.</b>With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.&nbsp; Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.&nbsp; Additionally, gamma is higher when IV is lower so gamma flips may have more juice.</p><p><blockquote>当隐含波动率非常高时，它对市场走势非常敏感，也表明市场预计未来会有更大的波动。一旦市场暂停或抓住支撑位，隐含波动率就会迅速反转走低。<b>我们经常想到这样一个类比，如果鲨鱼停止游泳，它就会下沉（部分正确！）.如果市场停止下跌，那么隐含波动率就会下降。</b>正如我们经常谈论的那样，较低的隐含波动率（即较低的VIX）表明做市商必须回购空头对冲，从而推动反弹。SG的结论是：目前较低的隐含波动率水平给了市场更多的下行火力。从较低的隐含波动率开始会“减缓”反应性的“snap回”购买机制。此外，当IV较低时，伽马较高，因此伽马翻转可能有更多的果汁。</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>$544 Billion In Options Expire Today: Here's What Will Move<blockquote>5440亿美元期权今天到期：以下是将发生的变化</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\">\n$544 Billion In Options Expire Today: Here's What Will Move<blockquote>5440亿美元期权今天到期：以下是将发生的变化</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-04-16 22:18</span>\n</p>\n</h4>\n</header>\n<article>\n<p>While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.</p><p><blockquote>虽然这不是四（甚至三）巫术日，但今天的大量每周期权将到期，其中可能一文不值，其他期权将为基础价格提供支持“引脚”。这就是为什么，尽管我们正在享受一个美丽的春季周，高盛指出，单一股票期权交易活动相对于历史水平有所上升。也就是说，4月份每日期权交易量增长了70%，高于3月30日年初至今24亿美元的低点。</blockquote></p><p><b>In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.</b>As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.</p><p><blockquote><b>总体而言，单个股票中有5440亿美元的期权将于今天到期，其中包括3050亿美元的评级。</b>因此，今天的到期对于平值（ATM）期权持有大量未平仓合约的股票可能很重要，因为做市商对其异常大的期权投资组合进行delta对冲将会很活跃。这种流动可能会抑制某些股票的波动，同时加剧其他股票的股价波动。</blockquote></p><p>How to trade this?</p><p><blockquote>这个怎么交易？</blockquote></p><p>As Goldman's Vishal Vivek writes, at major expirations, options traders track situations where<b>a large amount of open interest is set to expire.</b>In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.</p><p><blockquote>正如高盛的维沙尔·维韦克（Vishal Vivek）所写，在重大到期时，期权交易者会跟踪以下情况：<b>大量未平仓合约即将到期。</b>在平价执行（执行价格等于或非常接近当前股价）中存在大量到期未平仓合约的情况下，delta对冲活动可能会影响标的股票当天的交易。如果做市商或其他对其头寸进行delta对冲的期权交易者是净多头ATM期权，则与到期相关的流量可能会产生抑制股价走势的效果，导致股价以大量未平仓合约在行权附近结算。这种情况通常被称为“pin”，对于试图进入/退出股票头寸的大型投资者来说是理想的情况。或者，如果delta对冲者是ATM期权的净空头（具有“负伽马”头寸），他们的对冲活动可能会加剧股价波动。</blockquote></p><p>What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.</p><p><blockquote>这意味着与到期相关的交易可能会导致具有大量ATM未平仓合约的股票的交易活动大幅回升。</blockquote></p><p>So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"<i>expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"</i></p><p><blockquote>因此，为了帮助寻求日内交易机会的交易者，这里有一个表格，列出了今天到期的ATM未平仓合约较大的可能焦点股票，并与标的股票的日均交易量进行了比较。正如高盛所说，“<i>如果未平仓合约占股票交易量的很大一部分，那么与到期相关的活动可能会产生更大的影响。”</i></blockquote></p><p><img src=\"https://static.tigerbbs.com/0dac61cb87c2f2700d8a0e8e64324f81\" tg-width=\"500\" tg-height=\"638\" referrerpolicy=\"no-referrer\">Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"</p><p><blockquote>最后，值得一提的是，今天早上我们在SpotGamma的朋友写道，这是一个相当奇怪的运营支出周期，“持续的几乎机械的出价推动市场走高。我们以前从未见过看涨期权墙“突破”过很多次，但我们在之前的笔记中提到过其他异常现象，例如净看跌期权销售。我们对此有一些理论，我们将在一篇更长的文章中发布。”</blockquote></p><p>According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).<b>These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX&nbsp; (i.e. implied volatility) reversed.</b></p><p><blockquote>根据SG的说法，由于隐含波动率现在已经压缩（即VIX处于新低），现在“长期”波动的潜力更大。回想一下最近市场的任何剧烈下跌都是如何被如此迅速地买入的（见下图）。<b>这些大幅走低与创纪录的VIX飙升同时发生，但随着VIX（即隐含波动率）的逆转，反射性的snap回调将带来同等力度的市场复苏。</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/ae7a60d873792b825bdda669cafa0ed3\" tg-width=\"500\" tg-height=\"297\" referrerpolicy=\"no-referrer\">And one other curious observation from SpotGamma:</p><p><blockquote>SpotGamma的另一个奇怪观察：</blockquote></p><p>When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. <b>We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.</b>With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.&nbsp; Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.&nbsp; Additionally, gamma is higher when IV is lower so gamma flips may have more juice.</p><p><blockquote>当隐含波动率非常高时，它对市场走势非常敏感，也表明市场预计未来会有更大的波动。一旦市场暂停或抓住支撑位，隐含波动率就会迅速反转走低。<b>我们经常想到这样一个类比，如果鲨鱼停止游泳，它就会下沉（部分正确！）.如果市场停止下跌，那么隐含波动率就会下降。</b>正如我们经常谈论的那样，较低的隐含波动率（即较低的VIX）表明做市商必须回购空头对冲，从而推动反弹。SG的结论是：目前较低的隐含波动率水平给了市场更多的下行火力。从较低的隐含波动率开始会“减缓”反应性的“snap回”购买机制。此外，当IV较低时，伽马较高，因此伽马翻转可能有更多的果汁。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</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":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175692875","content_text":"While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.How to trade this?As Goldman's Vishal Vivek writes, at major expirations, options traders track situations wherea large amount of open interest is set to expire.In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX  (i.e. implied volatility) reversed.And one other curious observation from SpotGamma:When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.  Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.  Additionally, gamma is higher when IV is lower so gamma flips may have more juice.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340905666,"gmtCreate":1617327276855,"gmtModify":1634521412718,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like and comment please.&nbsp;","listText":"Like and comment please.&nbsp;","text":"Like and comment please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/340905666","repostId":"1102770511","repostType":4,"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":607248245,"gmtCreate":1639552373723,"gmtModify":1639552392666,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607248245","repostId":"1100213723","repostType":4,"repost":{"id":"1100213723","kind":"news","pubTimestamp":1639552120,"share":"https://www.laohu8.com/m/news/1100213723?lang=zh_CN&edition=full","pubTime":"2021-12-15 15:08","market":"us","language":"en","title":"Tesla And These Stocks Are Seeing The Highest Interest On WallStreetBets Today<blockquote>今天WallStreetBets对特斯拉和这些股票的兴趣最高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100213723","media":"Benzinga","summary":"Electric vehicle maker Tesla Inc.(NASDAQ:TSLA) has emerged as the most-discussed stock on Reddit’s r","content":"<p><div> Electric vehicle maker Tesla Inc.(NASDAQ:TSLA) has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Wednesday. What Happened: Exchange-traded fund SPDR S&P 500 ETF ...</p><p><blockquote><div>截至周三早些时候，电动汽车制造商特斯拉公司（纳斯达克股票代码：TSLA）已成为Reddit r/WallStreetBets论坛上讨论最多的股票。发生了什么：交易所交易基金SPDR标普500 ETF...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/cryptocurrency/21/12/24613509/tesla-and-these-stocks-are-seeing-the-highest-interest-on-wallstreetbets-today\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/cryptocurrency/21/12/24613509/tesla-and-these-stocks-are-seeing-the-highest-interest-on-wallstreetbets-today\">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>Tesla And These Stocks Are Seeing The Highest Interest On WallStreetBets Today<blockquote>今天WallStreetBets对特斯拉和这些股票的兴趣最高</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\">\nTesla And These Stocks Are Seeing The Highest Interest On WallStreetBets Today<blockquote>今天WallStreetBets对特斯拉和这些股票的兴趣最高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-12-15 15:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Electric vehicle maker Tesla Inc.(NASDAQ:TSLA) has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Wednesday. What Happened: Exchange-traded fund SPDR S&P 500 ETF ...</p><p><blockquote><div>截至周三早些时候，电动汽车制造商特斯拉公司（纳斯达克股票代码：TSLA）已成为Reddit r/WallStreetBets论坛上讨论最多的股票。发生了什么：交易所交易基金SPDR标普500 ETF...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/cryptocurrency/21/12/24613509/tesla-and-these-stocks-are-seeing-the-highest-interest-on-wallstreetbets-today\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/cryptocurrency/21/12/24613509/tesla-and-these-stocks-are-seeing-the-highest-interest-on-wallstreetbets-today\">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/markets/cryptocurrency/21/12/24613509/tesla-and-these-stocks-are-seeing-the-highest-interest-on-wallstreetbets-today\">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":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/12/24613509/tesla-and-these-stocks-are-seeing-the-highest-interest-on-wallstreetbets-today","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100213723","content_text":"Electric vehicle maker Tesla Inc.(NASDAQ:TSLA) has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Wednesday.\nWhat Happened: Exchange-traded fund SPDR S&P 500 ETF Trust(NYSE:SPY) is seeing the highest interest on the forum with 528 mentions as at press time, followed by Tesla with 289 mentions, data from Quiver Quantitative showed.\nVideogame retailer GameStop Corp.(NYSE:GME) and movie theatre chain AMC Entertainment Holdings Inc.(NYSE:AMC) are in the third and fourth positions, having attracted 272 and 215 mentions, respectively.\nWhy It Matters: Tesla CEO Elon Musk said in a tweet that the company would make some merchandise buyable with Dogecoin(CRYPTO:DOGE) and see how it goes. The move could eventually lead to the EV maker accepting Doge for vehicle purchase.\nMusk is a big proponent of Dogecoin and his tweets sometimes have an overwhelming impact on the price of the meme cryptocurrency.\nIt was also reported that Musk has been named as Time Magazine's2021 Person of the Year.\nShares of GameStop and AMC surged in Tuesday’s regular trading session, rebounding from the sharp losses in the previous session.\nA post on the forum noted a report by Barron’s that said retail investors are buying the dip in the two Reddit-favorite stocks.\nPrice Action: Tesla’s shares closed 0.8% lower in Tuesday’s regular trading session at $958.51 and further lost 0.5% in the after-hours session to $953.34.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848399772,"gmtCreate":1635960741989,"gmtModify":1635960742467,"author":{"id":"3569548778635529","authorId":"3569548778635529","name":"andrewtingg","avatar":"https://static.tigerbbs.com/7d5e307692b89ed5e1743db3eef62fe5","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569548778635529","authorIdStr":"3569548778635529"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/848399772","repostId":"1145835908","repostType":4,"repost":{"id":"1145835908","kind":"news","pubTimestamp":1635960317,"share":"https://www.laohu8.com/m/news/1145835908?lang=zh_CN&edition=full","pubTime":"2021-11-04 01:25","market":"us","language":"en","title":"Eco-friendly sneaker maker Allbirds spikes 110% on its first day of trading<blockquote>环保运动鞋制造商Allbirds首日交易股价飙升110%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145835908","media":"Barrons","summary":"Eco-friendly sneaker maker Allbirds spikes 110% on its first day of trading.\n\nAllbirds, the sustaina","content":"<p>Eco-friendly sneaker maker Allbirds spikes 110% on its first day of trading.</p><p><blockquote>环保运动鞋制造商Allbirds首日交易股价飙升110%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e8cf1dc39281c0616417e6baa42058c2\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Allbirds, the sustainable shoe company, raised nearly $303 million after increasing the size of its IPO that also priced above its expected price range.</p><p><blockquote>可持续鞋业公司Allbirds在扩大IPO规模后筹集了近3.03亿美元，IPO定价也高于预期价格范围。</blockquote></p><p> Allbirds said late Tuesday that it sold about 20.2 million shares at $15 each, up from the 19.2 million shares at $12 to $14 each it had planned to offer. At $15 a share, the startup’s valuation is roughly $2.15 billion. It will trade Wednesday on the Nasdaq under the ticker BIRD.</p><p><blockquote>Allbirds周二晚间表示，它以每股15美元的价格出售了约2020万股，高于其计划以每股12至14美元的价格出售的1920万股。按每股15美元计算，这家初创公司的估值约为21.5亿美元。它将于周三在纳斯达克交易，股票代码为BIRD。</blockquote></p><p> Seventeen investment banks are working on the Allbirds IPO. Morgan Stanley, JP Morgan, and BofA Securities are lead underwriters on the deal, a prospectus said.</p><p><blockquote>十七家投资银行正在参与Allbirds的IPO。招股说明书称，摩根士丹利、摩根大通和美国银行证券是该交易的主承销商。</blockquote></p><p> Allbirds is one of several highly anticipated IPOs that have or will launch in the fourth quarter.GlobalFoundries&nbsp;(ticker: GFS), a chipmaker, went public last week. GlobalFoundries shares dropped 1.3% from its $47 IPO price during its debut, giving the company a $24.8 billion market capitalization. Rivian, the all-electric truck maker that’s backed by&nbsp;Amazon.com,will trade on Nov. 10. Rivian is seeking a $60 billion valuation. Nubank, the Brazilian digital lender backed by&nbsp;Berkshire Hathaway,has also filed to go public and is targeting a $50.6 billion valuation.</p><p><blockquote>Allbirds是已经或将在第四季度推出的几家备受期待的IPO之一。芯片制造商GlobalFoundries（股票代码：GFS）上周上市。GlobalFoundries股价较首次亮相时47美元的IPO价格下跌1.3%，使该公司市值达到248亿美元。由Amazon.com支持的全电动卡车制造商Rivian将于11月10日上市。Rivian寻求600亿美元的估值。伯克希尔哈撒韦公司支持的巴西数字贷款机构Nubank也已申请上市，目标估值为506亿美元。</blockquote></p><p> Founded in 2015, Allbirds uses renewable, natural materials to make its footwear. The company’s wool runner sneakers, which it calls the most comfortable shoe in the world, are made with sustainably sourced merino wool. The company’s SweetFoam sole technology, which is found in all of its shoes, uses carbon-negative green ethylene-vinyl acetate. The wool runners sneakers sell for $98 on the Allbirds website while the wool dweller slippers cost $65.</p><p><blockquote>Allbirds成立于2015年，使用可再生的天然材料制作鞋类。该公司的羊毛跑鞋是评级世界上最舒适的鞋子，由可持续来源的美利奴羊毛制成。该公司的SweetFoam鞋底技术存在于其所有鞋子中，使用负碳绿色乙烯-醋酸乙烯酯。羊毛跑步者运动鞋在Allbirds网站上的售价为98美元，而羊毛居民拖鞋的售价为65美元。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Eco-friendly sneaker maker Allbirds spikes 110% on its first day of trading<blockquote>环保运动鞋制造商Allbirds首日交易股价飙升110%</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\">\nEco-friendly sneaker maker Allbirds spikes 110% on its first day of trading<blockquote>环保运动鞋制造商Allbirds首日交易股价飙升110%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-04 01:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Eco-friendly sneaker maker Allbirds spikes 110% on its first day of trading.</p><p><blockquote>环保运动鞋制造商Allbirds首日交易股价飙升110%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e8cf1dc39281c0616417e6baa42058c2\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Allbirds, the sustainable shoe company, raised nearly $303 million after increasing the size of its IPO that also priced above its expected price range.</p><p><blockquote>可持续鞋业公司Allbirds在扩大IPO规模后筹集了近3.03亿美元，IPO定价也高于预期价格范围。</blockquote></p><p> Allbirds said late Tuesday that it sold about 20.2 million shares at $15 each, up from the 19.2 million shares at $12 to $14 each it had planned to offer. At $15 a share, the startup’s valuation is roughly $2.15 billion. It will trade Wednesday on the Nasdaq under the ticker BIRD.</p><p><blockquote>Allbirds周二晚间表示，它以每股15美元的价格出售了约2020万股，高于其计划以每股12至14美元的价格出售的1920万股。按每股15美元计算，这家初创公司的估值约为21.5亿美元。它将于周三在纳斯达克交易，股票代码为BIRD。</blockquote></p><p> Seventeen investment banks are working on the Allbirds IPO. Morgan Stanley, JP Morgan, and BofA Securities are lead underwriters on the deal, a prospectus said.</p><p><blockquote>十七家投资银行正在参与Allbirds的IPO。招股说明书称，摩根士丹利、摩根大通和美国银行证券是该交易的主承销商。</blockquote></p><p> Allbirds is one of several highly anticipated IPOs that have or will launch in the fourth quarter.GlobalFoundries&nbsp;(ticker: GFS), a chipmaker, went public last week. GlobalFoundries shares dropped 1.3% from its $47 IPO price during its debut, giving the company a $24.8 billion market capitalization. Rivian, the all-electric truck maker that’s backed by&nbsp;Amazon.com,will trade on Nov. 10. Rivian is seeking a $60 billion valuation. Nubank, the Brazilian digital lender backed by&nbsp;Berkshire Hathaway,has also filed to go public and is targeting a $50.6 billion valuation.</p><p><blockquote>Allbirds是已经或将在第四季度推出的几家备受期待的IPO之一。芯片制造商GlobalFoundries（股票代码：GFS）上周上市。GlobalFoundries股价较首次亮相时47美元的IPO价格下跌1.3%，使该公司市值达到248亿美元。由Amazon.com支持的全电动卡车制造商Rivian将于11月10日上市。Rivian寻求600亿美元的估值。伯克希尔哈撒韦公司支持的巴西数字贷款机构Nubank也已申请上市，目标估值为506亿美元。</blockquote></p><p> Founded in 2015, Allbirds uses renewable, natural materials to make its footwear. The company’s wool runner sneakers, which it calls the most comfortable shoe in the world, are made with sustainably sourced merino wool. The company’s SweetFoam sole technology, which is found in all of its shoes, uses carbon-negative green ethylene-vinyl acetate. The wool runners sneakers sell for $98 on the Allbirds website while the wool dweller slippers cost $65.</p><p><blockquote>Allbirds成立于2015年，使用可再生的天然材料制作鞋类。该公司的羊毛跑鞋是评级世界上最舒适的鞋子，由可持续来源的美利奴羊毛制成。该公司的SweetFoam鞋底技术存在于其所有鞋子中，使用负碳绿色乙烯-醋酸乙烯酯。羊毛跑步者运动鞋在Allbirds网站上的售价为98美元，而羊毛居民拖鞋的售价为65美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/allbirds-ipo-stock-ticker-bird-valuation-51635904794?mod=hp_LATEST\">Barrons</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":{"BIRD":"Allbirds, Inc."},"source_url":"https://www.barrons.com/articles/allbirds-ipo-stock-ticker-bird-valuation-51635904794?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145835908","content_text":"Eco-friendly sneaker maker Allbirds spikes 110% on its first day of trading.\n\nAllbirds, the sustainable shoe company, raised nearly $303 million after increasing the size of its IPO that also priced above its expected price range.\nAllbirds said late Tuesday that it sold about 20.2 million shares at $15 each, up from the 19.2 million shares at $12 to $14 each it had planned to offer. At $15 a share, the startup’s valuation is roughly $2.15 billion. It will trade Wednesday on the Nasdaq under the ticker BIRD.\nSeventeen investment banks are working on the Allbirds IPO. Morgan Stanley, JP Morgan, and BofA Securities are lead underwriters on the deal, a prospectus said.\nAllbirds is one of several highly anticipated IPOs that have or will launch in the fourth quarter.GlobalFoundries (ticker: GFS), a chipmaker, went public last week. GlobalFoundries shares dropped 1.3% from its $47 IPO price during its debut, giving the company a $24.8 billion market capitalization. Rivian, the all-electric truck maker that’s backed by Amazon.com,will trade on Nov. 10. Rivian is seeking a $60 billion valuation. Nubank, the Brazilian digital lender backed by Berkshire Hathaway,has also filed to go public and is targeting a $50.6 billion valuation.\nFounded in 2015, Allbirds uses renewable, natural materials to make its footwear. The company’s wool runner sneakers, which it calls the most comfortable shoe in the world, are made with sustainably sourced merino wool. The company’s SweetFoam sole technology, which is found in all of its shoes, uses carbon-negative green ethylene-vinyl acetate. The wool runners sneakers sell for $98 on the Allbirds website while the wool dweller slippers cost $65.","news_type":1,"symbols_score_info":{"BIRD":0.9}},"isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}