Kai96的个人主页 - 老虎社区

Kai96

Kai96

暂无个人介绍

IP属地：未知

9关注

2粉丝

0主题

0勋章

2021-06-08

!!

抱歉，原内容已删除

2021-06-08

Wow

抱歉，原内容已删除

2021-02-16

Wow

STI closes marginally higher by 0.13%, with all eyes on Budget 2021

2021-02-14

[微笑]

抱歉，原内容已删除

2021-02-14

Wow

抱歉，原内容已删除

2021-02-11

Haha

A New Hydrogen-Technology Stock Will Challenge Nikola

2021-02-11

Yay

Why did Tesla buy bitcoin?

2021-02-11

Yay

Investors set for commodities ‘bull run’ as prices rise in tandem

2021-02-11

[微笑]

抱歉，原内容已删除

2021-02-11

[微笑] [微笑]

Investors set for commodities ‘bull run’ as prices rise in tandem

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3571892403723368","uuid":"3571892403723368","gmtCreate":1608798545732,"gmtModify":1613012967111,"name":"Kai96","pinyin":"kai96","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":9,"tweetSize":10,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.12","exceedPercentage":"93.75%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"228c86a078844d74991fff2b7ab2428d-2","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资总监虎","description":"证券账户累计交易金额达到30万美元","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.06.06","exceedPercentage":"80.50%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.09","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":4,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":117797212,"gmtCreate":1623160126036,"gmtModify":1631889836341,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"!!","listText":"!!","text":"!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117797212","repostId":"1154765176","repostType":4,"isVote":1,"tweetType":1,"viewCount":1118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117795616,"gmtCreate":1623160092535,"gmtModify":1631889836344,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117795616","repostId":"1154765176","repostType":4,"isVote":1,"tweetType":1,"viewCount":2177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382467400,"gmtCreate":1613477011300,"gmtModify":1631889836346,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/382467400","repostId":"1174892130","repostType":4,"repost":{"id":"1174892130","kind":"news","pubTimestamp":1613469616,"share":"https://www.laohu8.com/m/news/1174892130?lang=&edition=full","pubTime":"2021-02-16 18:00","market":"sg","language":"en","title":"STI closes marginally higher by 0.13%, with all eyes on Budget 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1174892130","media":"businesstimes","summary":"SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation'","content":"<div>\n<p>SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation's Budget 2021, which, among other things, extended the much-needed wage support to the hardest-hit ...</p>\n\n<a href=\"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","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>STI closes marginally higher by 0.13%, with all eyes on Budget 2021</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\">\nSTI closes marginally higher by 0.13%, with all eyes on Budget 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation's Budget 2021, which, among other things, extended the much-needed wage support to the hardest-hit ...</p>\n\n<a href=\"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021\">Web Link</a>\n\n</div>\n\n\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":"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174892130","content_text":"SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation's Budget 2021, which, among other things, extended the much-needed wage support to the hardest-hit sectors in the pandemic, and provided households more spending power.\nThe key Straits Times Index finished at 2,935.34 after advancing 3.82 points or 0.13 per cent. Key regional gauges in Japan, Hong Kong, South Korea and Australia also chalked up gains; Malaysia bucked the general trend and finished in the red.\nSentiments in equities stayed upbeat, owing to the same confluence of factors from US stimulus package, dovish central banks and vaccine roll-outs that have picked up pace. Also, while Wall Street had an off-day on Monday with the Presidents' Day holiday, the futures indicated continued gains as it starts the week on Tuesday, adding to the cheery mood.\nOn the local bourse, turnover stood at 2.69 billion worth S$1.12 billion. Gains were led by DBS, Singtel and Wilmar International.\nComfortDelGro fell one Singapore cent or 0.6 per cent to S$1.57. DBS Group Research issued a \"buy\" rating on the counter with a 12-month target price of S$1.99, saying that a recovery is on the cards and the current price seems \"unjustifiably low\". This followed the land transport operator's FY2020 results, in which it announced a 77 per cent drop in net profit to S$61.8 million from a year ago, as revenue fell 17 per cent to S$3.22 billion owing to pandemic-led lockdowns across the countries where it operates.\nMapletree Logistics Trust (MLT) closed unchanged at S$1.95. MLT manager announced late on Monday that it has acquired five freehold logistics properties in South Korea for 280 billion won (S$336 million).","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382080124,"gmtCreate":1613303075468,"gmtModify":1631889836350,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/382080124","repostId":"2110416000","repostType":4,"isVote":1,"tweetType":1,"viewCount":782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":382080316,"gmtCreate":1613303022035,"gmtModify":1631889836353,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382080316","repostId":"2110904027","repostType":4,"isVote":1,"tweetType":1,"viewCount":2048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388972122,"gmtCreate":1613016841166,"gmtModify":1703768404841,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/388972122","repostId":"1189340956","repostType":4,"repost":{"id":"1189340956","kind":"news","pubTimestamp":1612950655,"share":"https://www.laohu8.com/m/news/1189340956?lang=&edition=full","pubTime":"2021-02-10 17:50","market":"us","language":"en","title":"A New Hydrogen-Technology Stock Will Challenge Nikola","url":"https://stock-news.laohu8.com/highlight/detail?id=1189340956","media":"Barrons","summary":"As far as the fuels that power the future of transportation, investors have become convinced diesel ","content":"<p>As far as the fuels that power the future of transportation, investors have become convinced diesel and gasoline are on the way out, whileelectricityandhydrogenare on the way in. That growing belief is reflected in theproliferation, valuations, andperformanceof electric and hydrogen-powered vehicle stocks.</p><p>As of Tuesday, investors have another stock that is part of that story to follow and evaluate. Hydrogen fuel cell makerHyzon Motorshas agreed to merge withDecarbonization Plus Acquisition(ticker: DCRB), a special purpose acquisition company, or SPAC. The companies expect to close the transaction in the second quarter, when Hyzon will take over the SPAC’s Nasdaq listing under a to-be-determined ticker symbol.</p><p>As written, the deal values Hyzon at roughly $2.7 billion including proceeds. But rumors of the coming agreementleaked last week, sending Decarbonization stock higher than the $10 per share that valuation is based on. Shares closed at $17.76 Monday, implying about $4.8 billion for the merged entity.</p><p>It’s an attractive early valuation for a new hydrogen-technology stock.Nikola(NKLA), which became publicly traded via a SPAC merger in 2020, is currently valued at about $9 billion. Fuel cell technology companyPlug Power(PLUG) has a market capitalization of about $32 billion.</p><p>Hyzon’s business model is closer to Plug’s than Nikola’s.Nikola plansto manufacture and assemble Nikola-branded hydrogen fuel-cell powered trucks, plus it also wants to build and operate hydrogen filling stations for its customers. Plug focuses more on hydrogen fuel-cell technology and integrating its technology into multiple transportation applications.</p><p>Like Plug, Hyzon isn’t interested in building its own trucks from the ground up. The company has developed what it believes is leading hydrogen fuel-cell technology for heavy duty transportation applications. It wants to supply that powertrain to truck-makers and fleet owners to put in whatever truck or bus body they want. Hyzon wants to be like theCummins(CMI) of hydrogen.</p><p>“The core value proposition in the vehicle is actually all about the fuel cell,” Hyzon’s CEO and co-founder Craig Knight tells<i>Barron’s</i>. “Historically a diesel truck has been defined by the quality and performance of its engine, and we don’t think that changes as we [move to hydrogen-powered trucks.]”</p><p>Hyzon’s fuel cell tech comes from its parent company, Asia-basedHorizon, which has been developing fuel cells for stationary and mobile power applications for two decades. Horizon will still own about 50% of the outstanding shares of Hyzon when the merger is complete.</p><p>Commercial hydrogen and electrification stocks are on fire. Several tracked by<i>Barron’s</i>, includingWorkhorse(WKHS) andBallard Power Systems(BLDP) are up about 68% year to date on average after rising roughly 440% in 2020. Both returns crush comparable numbers for the&nbsp;S&amp;P 500.</p><p>Alternative powertrain technology in the commercial vehicle space might happen faster than in personal transportation market. Commercial vehicles are driven more, on average, each day, so fuel savings pile up faster. What’s more, electrified vehicles have fewer parts to fix, so maintenance costs tend to be lower compared with diesel and gasoline powered options.</p><p>“We expect unavoidable and rapid development of the hydrogen economy globally over the next 10 years,” says Robert Tichio, a Decarbonization SPAC director and partner at private-equity firmRiverstone Holdings.“It is our view that hydrogen is a very important part of the decarbonization solution especially for certain categories of transportation and mobility, and will absolutely coexist with battery electric vehicles.”</p><p>Riverstone is the sponsor of another SPAC—Decarbonization Plus Acquisition Corporation II(DCRNU)—which just went public last week, raising $350 million.</p><p>Decarbonization Plus I listed last fall, raising about $226 million. After fees, Hyzon is getting that cash plus a $400 million private investment in public equity, or PIPE. Institutional investors including BlackRock, Fidelity, and Wellington are putting up that cash at $10 per share.</p><p>Proceeds from the deal will go to building out Hyzon’s facilities and team, and toward further research and development.</p><p>“There are a lot of companies that want to work with us, because Hyzon represents their first opportunity to scale their hydrogen technologies in the market,” Knight says. “In the next few years, Hyzon will put thousands of vehicles on the road while others are still talking—it’s very easy to talk about getting into hydrogen, but very difficult to do.”</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>A New Hydrogen-Technology Stock Will Challenge Nikola</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\">\nA New Hydrogen-Technology Stock Will Challenge Nikola\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 17:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/hyzon-agrees-to-a-merger-there-will-be-a-new-hydrogen-technology-stock-to-challenge-nikola-51612832526?mod=hp_DAY_8><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As far as the fuels that power the future of transportation, investors have become convinced diesel and gasoline are on the way out, whileelectricityandhydrogenare on the way in. That growing belief ...</p>\n\n<a href=\"https://www.barrons.com/articles/hyzon-agrees-to-a-merger-there-will-be-a-new-hydrogen-technology-stock-to-challenge-nikola-51612832526?mod=hp_DAY_8\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/hyzon-agrees-to-a-merger-there-will-be-a-new-hydrogen-technology-stock-to-challenge-nikola-51612832526?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189340956","content_text":"As far as the fuels that power the future of transportation, investors have become convinced diesel and gasoline are on the way out, whileelectricityandhydrogenare on the way in. That growing belief is reflected in theproliferation, valuations, andperformanceof electric and hydrogen-powered vehicle stocks.As of Tuesday, investors have another stock that is part of that story to follow and evaluate. Hydrogen fuel cell makerHyzon Motorshas agreed to merge withDecarbonization Plus Acquisition(ticker: DCRB), a special purpose acquisition company, or SPAC. The companies expect to close the transaction in the second quarter, when Hyzon will take over the SPAC’s Nasdaq listing under a to-be-determined ticker symbol.As written, the deal values Hyzon at roughly $2.7 billion including proceeds. But rumors of the coming agreementleaked last week, sending Decarbonization stock higher than the $10 per share that valuation is based on. Shares closed at $17.76 Monday, implying about $4.8 billion for the merged entity.It’s an attractive early valuation for a new hydrogen-technology stock.Nikola(NKLA), which became publicly traded via a SPAC merger in 2020, is currently valued at about $9 billion. Fuel cell technology companyPlug Power(PLUG) has a market capitalization of about $32 billion.Hyzon’s business model is closer to Plug’s than Nikola’s.Nikola plansto manufacture and assemble Nikola-branded hydrogen fuel-cell powered trucks, plus it also wants to build and operate hydrogen filling stations for its customers. Plug focuses more on hydrogen fuel-cell technology and integrating its technology into multiple transportation applications.Like Plug, Hyzon isn’t interested in building its own trucks from the ground up. The company has developed what it believes is leading hydrogen fuel-cell technology for heavy duty transportation applications. It wants to supply that powertrain to truck-makers and fleet owners to put in whatever truck or bus body they want. Hyzon wants to be like theCummins(CMI) of hydrogen.“The core value proposition in the vehicle is actually all about the fuel cell,” Hyzon’s CEO and co-founder Craig Knight tellsBarron’s. “Historically a diesel truck has been defined by the quality and performance of its engine, and we don’t think that changes as we [move to hydrogen-powered trucks.]”Hyzon’s fuel cell tech comes from its parent company, Asia-basedHorizon, which has been developing fuel cells for stationary and mobile power applications for two decades. Horizon will still own about 50% of the outstanding shares of Hyzon when the merger is complete.Commercial hydrogen and electrification stocks are on fire. Several tracked byBarron’s, includingWorkhorse(WKHS) andBallard Power Systems(BLDP) are up about 68% year to date on average after rising roughly 440% in 2020. Both returns crush comparable numbers for the S&P 500.Alternative powertrain technology in the commercial vehicle space might happen faster than in personal transportation market. Commercial vehicles are driven more, on average, each day, so fuel savings pile up faster. What’s more, electrified vehicles have fewer parts to fix, so maintenance costs tend to be lower compared with diesel and gasoline powered options.“We expect unavoidable and rapid development of the hydrogen economy globally over the next 10 years,” says Robert Tichio, a Decarbonization SPAC director and partner at private-equity firmRiverstone Holdings.“It is our view that hydrogen is a very important part of the decarbonization solution especially for certain categories of transportation and mobility, and will absolutely coexist with battery electric vehicles.”Riverstone is the sponsor of another SPAC—Decarbonization Plus Acquisition Corporation II(DCRNU)—which just went public last week, raising $350 million.Decarbonization Plus I listed last fall, raising about $226 million. After fees, Hyzon is getting that cash plus a $400 million private investment in public equity, or PIPE. Institutional investors including BlackRock, Fidelity, and Wellington are putting up that cash at $10 per share.Proceeds from the deal will go to building out Hyzon’s facilities and team, and toward further research and development.“There are a lot of companies that want to work with us, because Hyzon represents their first opportunity to scale their hydrogen technologies in the market,” Knight says. “In the next few years, Hyzon will put thousands of vehicles on the road while others are still talking—it’s very easy to talk about getting into hydrogen, but very difficult to do.”","news_type":1,"symbols_score_info":{"DCRB":0.9,"NKLA":0.9}},"isVote":1,"tweetType":1,"viewCount":988,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381445380,"gmtCreate":1612978684540,"gmtModify":1703767984897,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/381445380","repostId":"2110098829","repostType":4,"repost":{"id":"2110098829","kind":"highlight","pubTimestamp":1612942404,"share":"https://www.laohu8.com/m/news/2110098829?lang=&edition=full","pubTime":"2021-02-10 15:33","market":"fut","language":"en","title":"Why did Tesla buy bitcoin?","url":"https://stock-news.laohu8.com/highlight/detail?id=2110098829","media":"MarketWatch","summary":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.The big question observers are asking is, why is the Elon Musk-run company doing this?Monday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.The move by Tesla to invest in bitcoins was seen as further confirm","content":"<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.</p>\n<p>The big question observers are asking is, why is the Elon Musk-run company doing this?</p>\n<p>Monday, electric-car maker&nbsp;Tesla&nbsp;said in&nbsp;a&nbsp;public filing&nbsp;that it purchased $1.5 billion of bitcoin&nbsp;and that it expects to begin accepting payment in the cryptocurrency for its products in the future.</p>\n<p>The move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.</p>\n<p>However, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some&nbsp;corporate finance professionals&nbsp;as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.</p>\n<p>While it’s not clear, at this point, why Musk &amp; Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.</p>\n<p><b>Diversification</b></p>\n<p>Tesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.</p>\n<p>Corporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.</p>\n<p>Tesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”</p>\n<p>The move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.</p>\n<p>“If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.</p>\n<p>But a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.</p>\n<p><b>Publicity stunt?</b></p>\n<p>“Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy&nbsp;bitcoin&nbsp;and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.</p>\n<p>The analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.</p>\n<p><b>Brand management</b></p>\n<p>Bitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.</p>\n<p>Those rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.</p>\n<p>Moreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.</p>\n<p>Bitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.</p>\n<p><img src=\"https://static.tigerbbs.com/33c354045da9bf1b0b8bbe93d0eb9e43\" tg-width=\"947\" tg-height=\"673\" referrerpolicy=\"no-referrer\"></p>\n<p><b>The future of $</b></p>\n<p>Tesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.</p>\n<p>Bitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.</p>\n<p>“Yesterday’s move by Tesla to invest in&nbsp;bitcoin&nbsp;and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.</p>\n<p>The eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc.&nbsp;and Google-parent Alphabet Inc.,linking it to their own payment systems.</p>\n<p>Musk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.</p>\n<p><b>Writing on the wall</b></p>\n<p>The&nbsp;Wall Street Journal notes&nbsp;that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings&nbsp;about 20 years ago.</p>\n<p>PayPal currently is among the vanguard of bitcoin revolution. PayPal&nbsp;back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.</p>\n<p>Moreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in&nbsp;a letter to clients&nbsp;earlier this month&nbsp;published on the firm’s website, reaffirmed his bullish outlook on bitcoin.</p>\n<p>In other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.</p>\n<p>“Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.</p>\n<p>The researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”</p>\n<p>On Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&amp;P 500&nbsp;and the Nasdaq Composite&nbsp;indexes have seen relatively tepid trade on the day.</p>","source":"market_watch","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>Why did Tesla buy bitcoin?</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\">\nWhy did Tesla buy bitcoin?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.\nThe big question observers are asking is, why is ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","GBTC":"Grayscale Bitcoin Trust ETF"},"source_url":"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2110098829","content_text":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.\nThe big question observers are asking is, why is the Elon Musk-run company doing this?\nMonday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.\nThe move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.\nHowever, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some corporate finance professionals as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.\nWhile it’s not clear, at this point, why Musk & Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.\nDiversification\nTesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.\nCorporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.\nTesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”\nThe move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.\n“If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.\nBut a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.\nPublicity stunt?\n“Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy bitcoin and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.\nThe analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.\nBrand management\nBitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.\nThose rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.\nMoreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.\nBitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.\n\nThe future of $\nTesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.\nBitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.\n“Yesterday’s move by Tesla to invest in bitcoin and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.\nThe eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc. and Google-parent Alphabet Inc.,linking it to their own payment systems.\nMusk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.\nWriting on the wall\nThe Wall Street Journal notes that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings about 20 years ago.\nPayPal currently is among the vanguard of bitcoin revolution. PayPal back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.\nMoreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients earlier this month published on the firm’s website, reaffirmed his bullish outlook on bitcoin.\nIn other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.\n“Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.\nThe researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”\nOn Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&P 500 and the Nasdaq Composite indexes have seen relatively tepid trade on the day.","news_type":1,"symbols_score_info":{"BTCmain":0.9,"XBTmain":0.9,"GBTC":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381442736,"gmtCreate":1612978659025,"gmtModify":1703767984023,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381442736","repostId":"1144142338","repostType":4,"repost":{"id":"1144142338","kind":"news","pubTimestamp":1612954004,"share":"https://www.laohu8.com/m/news/1144142338?lang=&edition=full","pubTime":"2021-02-10 18:46","market":"fut","language":"en","title":"Investors set for commodities ‘bull run’ as prices rise in tandem","url":"https://stock-news.laohu8.com/highlight/detail?id=1144142338","media":"Financial Times","summary":"Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswi","content":"<p>Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’</p>\n<p>The broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a sector-wide “bull market” fanned by government spending, analysts and investors say.</p>\n<p>Wall Street banks are telling their clients to increase their exposure to raw materials, which are poised to benefit from a vaccine-driven global economic recovery, aided by fiscal stimulus. Some are even predicting a prolonger period of commodity-intensive growth that marks a repeat of the so-called “supercycle” of the 2000s — where oil and metal prices hit record highs as China’s rapid industrialisation caught the industry napping.</p>\n<p>“It’s easy — and largely accurate — to present the 2021 commodity outlook as a V-shaped vaccine trade,” said Goldman Sachs in a recent report. “What we think is key, however, is that this recovery in commodity prices will actually be the beginning of a much longer structural bull market for commodities.”</p>\n<p>Commodities, which have been out favour with investors for the best part of a decade, have enjoyed a strong run in recent months helped by demand from China, the world’s biggest buyer of natural resources. Soyabean prices are up more than 50 per cent over the past year, while copper has risen around 40 per cent. Oil, meanwhile, has rebounded to its highest since the early days of the coronavirus crisis. Brent, the international standard, hit $60 on Monday.</p>\n<p>The rally has been exceptionally wide-ranging. A basket of 27 commodity futures — from coffee to nickel — tracked by specialist asset manager SummerHaven showed that all had positive returns over the six months to mid-January, including any gains from rolling over futures contracts.</p>\n<p><img src=\"https://static.tigerbbs.com/d27002730a162c7e367ac38b6ffc4ae1\" tg-width=\"1400\" tg-height=\"1000\"></p>\n<p>“This is really unusual. We’ve looked back 50 years and we’ve never seen this basket of commodities all go up at once,” said managing partner Kurt Nelson.</p>\n<p>Still, some investors say the market is not ready to embark on a new supercycle just yet. “What we certainly do have at the moment is a cyclical recovery driven by restocking in Europe, the US and China and boosted by supply disruptions,” said George Cheveley, portfolio manager at asset management company Ninety One. He said a broader shift is “two to three years away”.</p>\n<p>SummerHaven’s Nelson says a key catalyst for the rally has been a concern that the unprecedented monetary and fiscal policies enacted during the crisis will feed inflation, encouraging fund managers to protect themselves by buying commonly used hedges such as oil and metals.</p>\n<p>Given that most commodities are priced in dollars, last year’s slide in the value of the greenback is also making them cheaper in other currencies, adding to demand.</p>\n<p>Eliot&nbsp;Geller, a partner at CoreCommodity Management, thinks this macroeconomic backdrop for commodities is stronger than at any time in the previous decade.</p>\n<p>&nbsp;“Since 2010, we have seen equity markets rally, a strong US dollar, interest rates trend lower and inflation expectations decline,” he said. “Today, we have the threat of rising inflation, a weaker dollar and interest rates that are already zero or negative.”</p>\n<p>Those predicting a new supercycle — often described as prolonged period of surging demand that outstrips supply — point to global recovery programmes that put greater emphasis on job creation and environmental sustainability than on inflation control.</p>\n<p>“The past decade has seen monetary policy, which was more supportive for financial assets, while current fiscal policy should be more supportive for real assets like commodities,” said Don Casturo, the founder of specialist asset manager Quantix Commodities.</p>\n<p>Commodity bulls also see a supply gap coming. Goldman reckons the energy transition has the potential to create $1tn-$2tn a year in infrastructure investment over the next decade as the world reduces its reliance on carbon. That should drive up demand for a variety of raw materials, including copper, which will be need to wire the solar panels and electric cars of the new economy.</p>\n<p><img src=\"https://static.tigerbbs.com/020a07ab14b3198018a17698d2bce3eb\" tg-width=\"1400\" tg-height=\"1000\"></p>\n<p>Years of low prices, meanwhile, have forced producers to curb spending on new projects and expansions, holding back supply. This is not only true of the oil industry, where investment had been slashed, but also mining.</p>\n<p>“There needs to be a price blowout to bring on the new supply,” said James Johnstone, co-head of emerging and frontier markets at&nbsp;RWC Partners, a London-based investment manager that has invested in a number of copper producers.</p>\n<p>Some doubt that this upswing in commodity prices can match the last.</p>\n<p>“Historically a supercycle happens every 30 to 40 years and we are just out of one. So this would be an exception,” said Norbert Rücker, head of economics at Swiss private bank Julius Baer. “And if you look at what triggered the last supercycle it was Chinese urbanisation and the immense spend of it. The energy transition won’t happen as quickly.”</p>\n<p>But others think the stage is set for a broad-based rally can well outlast the pandemic. “The set-up for commodities is really extraordinary. Not just for the next three to six months but for the next decade,” said SummerHaven’s Nelson.</p>","source":"lsy1580170736413","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>Investors set for commodities ‘bull run’ as prices rise in tandem</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\">\nInvestors set for commodities ‘bull run’ as prices rise in tandem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 18:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a...</p>\n\n<a href=\"https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144142338","content_text":"Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a sector-wide “bull market” fanned by government spending, analysts and investors say.\nWall Street banks are telling their clients to increase their exposure to raw materials, which are poised to benefit from a vaccine-driven global economic recovery, aided by fiscal stimulus. Some are even predicting a prolonger period of commodity-intensive growth that marks a repeat of the so-called “supercycle” of the 2000s — where oil and metal prices hit record highs as China’s rapid industrialisation caught the industry napping.\n“It’s easy — and largely accurate — to present the 2021 commodity outlook as a V-shaped vaccine trade,” said Goldman Sachs in a recent report. “What we think is key, however, is that this recovery in commodity prices will actually be the beginning of a much longer structural bull market for commodities.”\nCommodities, which have been out favour with investors for the best part of a decade, have enjoyed a strong run in recent months helped by demand from China, the world’s biggest buyer of natural resources. Soyabean prices are up more than 50 per cent over the past year, while copper has risen around 40 per cent. Oil, meanwhile, has rebounded to its highest since the early days of the coronavirus crisis. Brent, the international standard, hit $60 on Monday.\nThe rally has been exceptionally wide-ranging. A basket of 27 commodity futures — from coffee to nickel — tracked by specialist asset manager SummerHaven showed that all had positive returns over the six months to mid-January, including any gains from rolling over futures contracts.\n\n“This is really unusual. We’ve looked back 50 years and we’ve never seen this basket of commodities all go up at once,” said managing partner Kurt Nelson.\nStill, some investors say the market is not ready to embark on a new supercycle just yet. “What we certainly do have at the moment is a cyclical recovery driven by restocking in Europe, the US and China and boosted by supply disruptions,” said George Cheveley, portfolio manager at asset management company Ninety One. He said a broader shift is “two to three years away”.\nSummerHaven’s Nelson says a key catalyst for the rally has been a concern that the unprecedented monetary and fiscal policies enacted during the crisis will feed inflation, encouraging fund managers to protect themselves by buying commonly used hedges such as oil and metals.\nGiven that most commodities are priced in dollars, last year’s slide in the value of the greenback is also making them cheaper in other currencies, adding to demand.\nEliot Geller, a partner at CoreCommodity Management, thinks this macroeconomic backdrop for commodities is stronger than at any time in the previous decade.\n “Since 2010, we have seen equity markets rally, a strong US dollar, interest rates trend lower and inflation expectations decline,” he said. “Today, we have the threat of rising inflation, a weaker dollar and interest rates that are already zero or negative.”\nThose predicting a new supercycle — often described as prolonged period of surging demand that outstrips supply — point to global recovery programmes that put greater emphasis on job creation and environmental sustainability than on inflation control.\n“The past decade has seen monetary policy, which was more supportive for financial assets, while current fiscal policy should be more supportive for real assets like commodities,” said Don Casturo, the founder of specialist asset manager Quantix Commodities.\nCommodity bulls also see a supply gap coming. Goldman reckons the energy transition has the potential to create $1tn-$2tn a year in infrastructure investment over the next decade as the world reduces its reliance on carbon. That should drive up demand for a variety of raw materials, including copper, which will be need to wire the solar panels and electric cars of the new economy.\n\nYears of low prices, meanwhile, have forced producers to curb spending on new projects and expansions, holding back supply. This is not only true of the oil industry, where investment had been slashed, but also mining.\n“There needs to be a price blowout to bring on the new supply,” said James Johnstone, co-head of emerging and frontier markets at RWC Partners, a London-based investment manager that has invested in a number of copper producers.\nSome doubt that this upswing in commodity prices can match the last.\n“Historically a supercycle happens every 30 to 40 years and we are just out of one. So this would be an exception,” said Norbert Rücker, head of economics at Swiss private bank Julius Baer. “And if you look at what triggered the last supercycle it was Chinese urbanisation and the immense spend of it. The energy transition won’t happen as quickly.”\nBut others think the stage is set for a broad-based rally can well outlast the pandemic. “The set-up for commodities is really extraordinary. Not just for the next three to six months but for the next decade,” said SummerHaven’s Nelson.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2015,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381442995,"gmtCreate":1612978573417,"gmtModify":1703767983159,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381442995","repostId":"1150853051","repostType":4,"isVote":1,"tweetType":1,"viewCount":2031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":381448858,"gmtCreate":1612978404274,"gmtModify":1703767981431,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571892403723368","idStr":"3571892403723368"},"themes":[],"htmlText":"[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381448858","repostId":"1144142338","repostType":4,"repost":{"id":"1144142338","kind":"news","pubTimestamp":1612954004,"share":"https://www.laohu8.com/m/news/1144142338?lang=&edition=full","pubTime":"2021-02-10 18:46","market":"fut","language":"en","title":"Investors set for commodities ‘bull run’ as prices rise in tandem","url":"https://stock-news.laohu8.com/highlight/detail?id=1144142338","media":"Financial Times","summary":"Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswi","content":"<p>Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’</p>\n<p>The broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a sector-wide “bull market” fanned by government spending, analysts and investors say.</p>\n<p>Wall Street banks are telling their clients to increase their exposure to raw materials, which are poised to benefit from a vaccine-driven global economic recovery, aided by fiscal stimulus. Some are even predicting a prolonger period of commodity-intensive growth that marks a repeat of the so-called “supercycle” of the 2000s — where oil and metal prices hit record highs as China’s rapid industrialisation caught the industry napping.</p>\n<p>“It’s easy — and largely accurate — to present the 2021 commodity outlook as a V-shaped vaccine trade,” said Goldman Sachs in a recent report. “What we think is key, however, is that this recovery in commodity prices will actually be the beginning of a much longer structural bull market for commodities.”</p>\n<p>Commodities, which have been out favour with investors for the best part of a decade, have enjoyed a strong run in recent months helped by demand from China, the world’s biggest buyer of natural resources. Soyabean prices are up more than 50 per cent over the past year, while copper has risen around 40 per cent. Oil, meanwhile, has rebounded to its highest since the early days of the coronavirus crisis. Brent, the international standard, hit $60 on Monday.</p>\n<p>The rally has been exceptionally wide-ranging. A basket of 27 commodity futures — from coffee to nickel — tracked by specialist asset manager SummerHaven showed that all had positive returns over the six months to mid-January, including any gains from rolling over futures contracts.</p>\n<p><img src=\"https://static.tigerbbs.com/d27002730a162c7e367ac38b6ffc4ae1\" tg-width=\"1400\" tg-height=\"1000\"></p>\n<p>“This is really unusual. We’ve looked back 50 years and we’ve never seen this basket of commodities all go up at once,” said managing partner Kurt Nelson.</p>\n<p>Still, some investors say the market is not ready to embark on a new supercycle just yet. “What we certainly do have at the moment is a cyclical recovery driven by restocking in Europe, the US and China and boosted by supply disruptions,” said George Cheveley, portfolio manager at asset management company Ninety One. He said a broader shift is “two to three years away”.</p>\n<p>SummerHaven’s Nelson says a key catalyst for the rally has been a concern that the unprecedented monetary and fiscal policies enacted during the crisis will feed inflation, encouraging fund managers to protect themselves by buying commonly used hedges such as oil and metals.</p>\n<p>Given that most commodities are priced in dollars, last year’s slide in the value of the greenback is also making them cheaper in other currencies, adding to demand.</p>\n<p>Eliot&nbsp;Geller, a partner at CoreCommodity Management, thinks this macroeconomic backdrop for commodities is stronger than at any time in the previous decade.</p>\n<p>&nbsp;“Since 2010, we have seen equity markets rally, a strong US dollar, interest rates trend lower and inflation expectations decline,” he said. “Today, we have the threat of rising inflation, a weaker dollar and interest rates that are already zero or negative.”</p>\n<p>Those predicting a new supercycle — often described as prolonged period of surging demand that outstrips supply — point to global recovery programmes that put greater emphasis on job creation and environmental sustainability than on inflation control.</p>\n<p>“The past decade has seen monetary policy, which was more supportive for financial assets, while current fiscal policy should be more supportive for real assets like commodities,” said Don Casturo, the founder of specialist asset manager Quantix Commodities.</p>\n<p>Commodity bulls also see a supply gap coming. Goldman reckons the energy transition has the potential to create $1tn-$2tn a year in infrastructure investment over the next decade as the world reduces its reliance on carbon. That should drive up demand for a variety of raw materials, including copper, which will be need to wire the solar panels and electric cars of the new economy.</p>\n<p><img src=\"https://static.tigerbbs.com/020a07ab14b3198018a17698d2bce3eb\" tg-width=\"1400\" tg-height=\"1000\"></p>\n<p>Years of low prices, meanwhile, have forced producers to curb spending on new projects and expansions, holding back supply. This is not only true of the oil industry, where investment had been slashed, but also mining.</p>\n<p>“There needs to be a price blowout to bring on the new supply,” said James Johnstone, co-head of emerging and frontier markets at&nbsp;RWC Partners, a London-based investment manager that has invested in a number of copper producers.</p>\n<p>Some doubt that this upswing in commodity prices can match the last.</p>\n<p>“Historically a supercycle happens every 30 to 40 years and we are just out of one. So this would be an exception,” said Norbert Rücker, head of economics at Swiss private bank Julius Baer. “And if you look at what triggered the last supercycle it was Chinese urbanisation and the immense spend of it. The energy transition won’t happen as quickly.”</p>\n<p>But others think the stage is set for a broad-based rally can well outlast the pandemic. “The set-up for commodities is really extraordinary. Not just for the next three to six months but for the next decade,” said SummerHaven’s Nelson.</p>","source":"lsy1580170736413","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>Investors set for commodities ‘bull run’ as prices rise in tandem</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\">\nInvestors set for commodities ‘bull run’ as prices rise in tandem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 18:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a...</p>\n\n<a href=\"https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144142338","content_text":"Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a sector-wide “bull market” fanned by government spending, analysts and investors say.\nWall Street banks are telling their clients to increase their exposure to raw materials, which are poised to benefit from a vaccine-driven global economic recovery, aided by fiscal stimulus. Some are even predicting a prolonger period of commodity-intensive growth that marks a repeat of the so-called “supercycle” of the 2000s — where oil and metal prices hit record highs as China’s rapid industrialisation caught the industry napping.\n“It’s easy — and largely accurate — to present the 2021 commodity outlook as a V-shaped vaccine trade,” said Goldman Sachs in a recent report. “What we think is key, however, is that this recovery in commodity prices will actually be the beginning of a much longer structural bull market for commodities.”\nCommodities, which have been out favour with investors for the best part of a decade, have enjoyed a strong run in recent months helped by demand from China, the world’s biggest buyer of natural resources. Soyabean prices are up more than 50 per cent over the past year, while copper has risen around 40 per cent. Oil, meanwhile, has rebounded to its highest since the early days of the coronavirus crisis. Brent, the international standard, hit $60 on Monday.\nThe rally has been exceptionally wide-ranging. A basket of 27 commodity futures — from coffee to nickel — tracked by specialist asset manager SummerHaven showed that all had positive returns over the six months to mid-January, including any gains from rolling over futures contracts.\n\n“This is really unusual. We’ve looked back 50 years and we’ve never seen this basket of commodities all go up at once,” said managing partner Kurt Nelson.\nStill, some investors say the market is not ready to embark on a new supercycle just yet. “What we certainly do have at the moment is a cyclical recovery driven by restocking in Europe, the US and China and boosted by supply disruptions,” said George Cheveley, portfolio manager at asset management company Ninety One. He said a broader shift is “two to three years away”.\nSummerHaven’s Nelson says a key catalyst for the rally has been a concern that the unprecedented monetary and fiscal policies enacted during the crisis will feed inflation, encouraging fund managers to protect themselves by buying commonly used hedges such as oil and metals.\nGiven that most commodities are priced in dollars, last year’s slide in the value of the greenback is also making them cheaper in other currencies, adding to demand.\nEliot Geller, a partner at CoreCommodity Management, thinks this macroeconomic backdrop for commodities is stronger than at any time in the previous decade.\n “Since 2010, we have seen equity markets rally, a strong US dollar, interest rates trend lower and inflation expectations decline,” he said. “Today, we have the threat of rising inflation, a weaker dollar and interest rates that are already zero or negative.”\nThose predicting a new supercycle — often described as prolonged period of surging demand that outstrips supply — point to global recovery programmes that put greater emphasis on job creation and environmental sustainability than on inflation control.\n“The past decade has seen monetary policy, which was more supportive for financial assets, while current fiscal policy should be more supportive for real assets like commodities,” said Don Casturo, the founder of specialist asset manager Quantix Commodities.\nCommodity bulls also see a supply gap coming. Goldman reckons the energy transition has the potential to create $1tn-$2tn a year in infrastructure investment over the next decade as the world reduces its reliance on carbon. That should drive up demand for a variety of raw materials, including copper, which will be need to wire the solar panels and electric cars of the new economy.\n\nYears of low prices, meanwhile, have forced producers to curb spending on new projects and expansions, holding back supply. This is not only true of the oil industry, where investment had been slashed, but also mining.\n“There needs to be a price blowout to bring on the new supply,” said James Johnstone, co-head of emerging and frontier markets at RWC Partners, a London-based investment manager that has invested in a number of copper producers.\nSome doubt that this upswing in commodity prices can match the last.\n“Historically a supercycle happens every 30 to 40 years and we are just out of one. So this would be an exception,” said Norbert Rücker, head of economics at Swiss private bank Julius Baer. “And if you look at what triggered the last supercycle it was Chinese urbanisation and the immense spend of it. The energy transition won’t happen as quickly.”\nBut others think the stage is set for a broad-based rally can well outlast the pandemic. “The set-up for commodities is really extraordinary. Not just for the next three to six months but for the next decade,” said SummerHaven’s Nelson.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":381445380,"gmtCreate":1612978684540,"gmtModify":1703767984897,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/381445380","repostId":"2110098829","repostType":4,"repost":{"id":"2110098829","kind":"highlight","pubTimestamp":1612942404,"share":"https://www.laohu8.com/m/news/2110098829?lang=&edition=full","pubTime":"2021-02-10 15:33","market":"fut","language":"en","title":"Why did Tesla buy bitcoin?","url":"https://stock-news.laohu8.com/highlight/detail?id=2110098829","media":"MarketWatch","summary":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.The big question observers are asking is, why is the Elon Musk-run company doing this?Monday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.The move by Tesla to invest in bitcoins was seen as further confirm","content":"<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.</p>\n<p>The big question observers are asking is, why is the Elon Musk-run company doing this?</p>\n<p>Monday, electric-car maker&nbsp;Tesla&nbsp;said in&nbsp;a&nbsp;public filing&nbsp;that it purchased $1.5 billion of bitcoin&nbsp;and that it expects to begin accepting payment in the cryptocurrency for its products in the future.</p>\n<p>The move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.</p>\n<p>However, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some&nbsp;corporate finance professionals&nbsp;as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.</p>\n<p>While it’s not clear, at this point, why Musk &amp; Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.</p>\n<p><b>Diversification</b></p>\n<p>Tesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.</p>\n<p>Corporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.</p>\n<p>Tesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”</p>\n<p>The move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.</p>\n<p>“If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.</p>\n<p>But a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.</p>\n<p><b>Publicity stunt?</b></p>\n<p>“Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy&nbsp;bitcoin&nbsp;and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.</p>\n<p>The analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.</p>\n<p><b>Brand management</b></p>\n<p>Bitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.</p>\n<p>Those rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.</p>\n<p>Moreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.</p>\n<p>Bitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.</p>\n<p><img src=\"https://static.tigerbbs.com/33c354045da9bf1b0b8bbe93d0eb9e43\" tg-width=\"947\" tg-height=\"673\" referrerpolicy=\"no-referrer\"></p>\n<p><b>The future of $</b></p>\n<p>Tesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.</p>\n<p>Bitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.</p>\n<p>“Yesterday’s move by Tesla to invest in&nbsp;bitcoin&nbsp;and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.</p>\n<p>The eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc.&nbsp;and Google-parent Alphabet Inc.,linking it to their own payment systems.</p>\n<p>Musk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.</p>\n<p><b>Writing on the wall</b></p>\n<p>The&nbsp;Wall Street Journal notes&nbsp;that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings&nbsp;about 20 years ago.</p>\n<p>PayPal currently is among the vanguard of bitcoin revolution. PayPal&nbsp;back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.</p>\n<p>Moreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in&nbsp;a letter to clients&nbsp;earlier this month&nbsp;published on the firm’s website, reaffirmed his bullish outlook on bitcoin.</p>\n<p>In other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.</p>\n<p>“Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.</p>\n<p>The researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”</p>\n<p>On Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&amp;P 500&nbsp;and the Nasdaq Composite&nbsp;indexes have seen relatively tepid trade on the day.</p>","source":"market_watch","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>Why did Tesla buy bitcoin?</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\">\nWhy did Tesla buy bitcoin?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.\nThe big question observers are asking is, why is ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","GBTC":"Grayscale Bitcoin Trust ETF"},"source_url":"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2110098829","content_text":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.\nThe big question observers are asking is, why is the Elon Musk-run company doing this?\nMonday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.\nThe move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.\nHowever, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some corporate finance professionals as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.\nWhile it’s not clear, at this point, why Musk & Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.\nDiversification\nTesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.\nCorporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.\nTesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”\nThe move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.\n“If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.\nBut a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.\nPublicity stunt?\n“Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy bitcoin and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.\nThe analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.\nBrand management\nBitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.\nThose rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.\nMoreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.\nBitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.\n\nThe future of $\nTesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.\nBitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.\n“Yesterday’s move by Tesla to invest in bitcoin and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.\nThe eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc. and Google-parent Alphabet Inc.,linking it to their own payment systems.\nMusk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.\nWriting on the wall\nThe Wall Street Journal notes that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings about 20 years ago.\nPayPal currently is among the vanguard of bitcoin revolution. PayPal back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.\nMoreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients earlier this month published on the firm’s website, reaffirmed his bullish outlook on bitcoin.\nIn other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.\n“Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.\nThe researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”\nOn Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&P 500 and the Nasdaq Composite indexes have seen relatively tepid trade on the day.","news_type":1,"symbols_score_info":{"BTCmain":0.9,"XBTmain":0.9,"GBTC":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117797212,"gmtCreate":1623160126036,"gmtModify":1631889836341,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"!!","listText":"!!","text":"!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117797212","repostId":"1154765176","repostType":4,"isVote":1,"tweetType":1,"viewCount":1118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382080124,"gmtCreate":1613303075468,"gmtModify":1631889836350,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/382080124","repostId":"2110416000","repostType":4,"isVote":1,"tweetType":1,"viewCount":782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":388972122,"gmtCreate":1613016841166,"gmtModify":1703768404841,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/388972122","repostId":"1189340956","repostType":4,"repost":{"id":"1189340956","kind":"news","pubTimestamp":1612950655,"share":"https://www.laohu8.com/m/news/1189340956?lang=&edition=full","pubTime":"2021-02-10 17:50","market":"us","language":"en","title":"A New Hydrogen-Technology Stock Will Challenge Nikola","url":"https://stock-news.laohu8.com/highlight/detail?id=1189340956","media":"Barrons","summary":"As far as the fuels that power the future of transportation, investors have become convinced diesel ","content":"<p>As far as the fuels that power the future of transportation, investors have become convinced diesel and gasoline are on the way out, whileelectricityandhydrogenare on the way in. That growing belief is reflected in theproliferation, valuations, andperformanceof electric and hydrogen-powered vehicle stocks.</p><p>As of Tuesday, investors have another stock that is part of that story to follow and evaluate. Hydrogen fuel cell makerHyzon Motorshas agreed to merge withDecarbonization Plus Acquisition(ticker: DCRB), a special purpose acquisition company, or SPAC. The companies expect to close the transaction in the second quarter, when Hyzon will take over the SPAC’s Nasdaq listing under a to-be-determined ticker symbol.</p><p>As written, the deal values Hyzon at roughly $2.7 billion including proceeds. But rumors of the coming agreementleaked last week, sending Decarbonization stock higher than the $10 per share that valuation is based on. Shares closed at $17.76 Monday, implying about $4.8 billion for the merged entity.</p><p>It’s an attractive early valuation for a new hydrogen-technology stock.Nikola(NKLA), which became publicly traded via a SPAC merger in 2020, is currently valued at about $9 billion. Fuel cell technology companyPlug Power(PLUG) has a market capitalization of about $32 billion.</p><p>Hyzon’s business model is closer to Plug’s than Nikola’s.Nikola plansto manufacture and assemble Nikola-branded hydrogen fuel-cell powered trucks, plus it also wants to build and operate hydrogen filling stations for its customers. Plug focuses more on hydrogen fuel-cell technology and integrating its technology into multiple transportation applications.</p><p>Like Plug, Hyzon isn’t interested in building its own trucks from the ground up. The company has developed what it believes is leading hydrogen fuel-cell technology for heavy duty transportation applications. It wants to supply that powertrain to truck-makers and fleet owners to put in whatever truck or bus body they want. Hyzon wants to be like theCummins(CMI) of hydrogen.</p><p>“The core value proposition in the vehicle is actually all about the fuel cell,” Hyzon’s CEO and co-founder Craig Knight tells<i>Barron’s</i>. “Historically a diesel truck has been defined by the quality and performance of its engine, and we don’t think that changes as we [move to hydrogen-powered trucks.]”</p><p>Hyzon’s fuel cell tech comes from its parent company, Asia-basedHorizon, which has been developing fuel cells for stationary and mobile power applications for two decades. Horizon will still own about 50% of the outstanding shares of Hyzon when the merger is complete.</p><p>Commercial hydrogen and electrification stocks are on fire. Several tracked by<i>Barron’s</i>, includingWorkhorse(WKHS) andBallard Power Systems(BLDP) are up about 68% year to date on average after rising roughly 440% in 2020. Both returns crush comparable numbers for the&nbsp;S&amp;P 500.</p><p>Alternative powertrain technology in the commercial vehicle space might happen faster than in personal transportation market. Commercial vehicles are driven more, on average, each day, so fuel savings pile up faster. What’s more, electrified vehicles have fewer parts to fix, so maintenance costs tend to be lower compared with diesel and gasoline powered options.</p><p>“We expect unavoidable and rapid development of the hydrogen economy globally over the next 10 years,” says Robert Tichio, a Decarbonization SPAC director and partner at private-equity firmRiverstone Holdings.“It is our view that hydrogen is a very important part of the decarbonization solution especially for certain categories of transportation and mobility, and will absolutely coexist with battery electric vehicles.”</p><p>Riverstone is the sponsor of another SPAC—Decarbonization Plus Acquisition Corporation II(DCRNU)—which just went public last week, raising $350 million.</p><p>Decarbonization Plus I listed last fall, raising about $226 million. After fees, Hyzon is getting that cash plus a $400 million private investment in public equity, or PIPE. Institutional investors including BlackRock, Fidelity, and Wellington are putting up that cash at $10 per share.</p><p>Proceeds from the deal will go to building out Hyzon’s facilities and team, and toward further research and development.</p><p>“There are a lot of companies that want to work with us, because Hyzon represents their first opportunity to scale their hydrogen technologies in the market,” Knight says. “In the next few years, Hyzon will put thousands of vehicles on the road while others are still talking—it’s very easy to talk about getting into hydrogen, but very difficult to do.”</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>A New Hydrogen-Technology Stock Will Challenge Nikola</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\">\nA New Hydrogen-Technology Stock Will Challenge Nikola\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 17:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/hyzon-agrees-to-a-merger-there-will-be-a-new-hydrogen-technology-stock-to-challenge-nikola-51612832526?mod=hp_DAY_8><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As far as the fuels that power the future of transportation, investors have become convinced diesel and gasoline are on the way out, whileelectricityandhydrogenare on the way in. That growing belief ...</p>\n\n<a href=\"https://www.barrons.com/articles/hyzon-agrees-to-a-merger-there-will-be-a-new-hydrogen-technology-stock-to-challenge-nikola-51612832526?mod=hp_DAY_8\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/hyzon-agrees-to-a-merger-there-will-be-a-new-hydrogen-technology-stock-to-challenge-nikola-51612832526?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189340956","content_text":"As far as the fuels that power the future of transportation, investors have become convinced diesel and gasoline are on the way out, whileelectricityandhydrogenare on the way in. That growing belief is reflected in theproliferation, valuations, andperformanceof electric and hydrogen-powered vehicle stocks.As of Tuesday, investors have another stock that is part of that story to follow and evaluate. Hydrogen fuel cell makerHyzon Motorshas agreed to merge withDecarbonization Plus Acquisition(ticker: DCRB), a special purpose acquisition company, or SPAC. The companies expect to close the transaction in the second quarter, when Hyzon will take over the SPAC’s Nasdaq listing under a to-be-determined ticker symbol.As written, the deal values Hyzon at roughly $2.7 billion including proceeds. But rumors of the coming agreementleaked last week, sending Decarbonization stock higher than the $10 per share that valuation is based on. Shares closed at $17.76 Monday, implying about $4.8 billion for the merged entity.It’s an attractive early valuation for a new hydrogen-technology stock.Nikola(NKLA), which became publicly traded via a SPAC merger in 2020, is currently valued at about $9 billion. Fuel cell technology companyPlug Power(PLUG) has a market capitalization of about $32 billion.Hyzon’s business model is closer to Plug’s than Nikola’s.Nikola plansto manufacture and assemble Nikola-branded hydrogen fuel-cell powered trucks, plus it also wants to build and operate hydrogen filling stations for its customers. Plug focuses more on hydrogen fuel-cell technology and integrating its technology into multiple transportation applications.Like Plug, Hyzon isn’t interested in building its own trucks from the ground up. The company has developed what it believes is leading hydrogen fuel-cell technology for heavy duty transportation applications. It wants to supply that powertrain to truck-makers and fleet owners to put in whatever truck or bus body they want. Hyzon wants to be like theCummins(CMI) of hydrogen.“The core value proposition in the vehicle is actually all about the fuel cell,” Hyzon’s CEO and co-founder Craig Knight tellsBarron’s. “Historically a diesel truck has been defined by the quality and performance of its engine, and we don’t think that changes as we [move to hydrogen-powered trucks.]”Hyzon’s fuel cell tech comes from its parent company, Asia-basedHorizon, which has been developing fuel cells for stationary and mobile power applications for two decades. Horizon will still own about 50% of the outstanding shares of Hyzon when the merger is complete.Commercial hydrogen and electrification stocks are on fire. Several tracked byBarron’s, includingWorkhorse(WKHS) andBallard Power Systems(BLDP) are up about 68% year to date on average after rising roughly 440% in 2020. Both returns crush comparable numbers for the S&P 500.Alternative powertrain technology in the commercial vehicle space might happen faster than in personal transportation market. Commercial vehicles are driven more, on average, each day, so fuel savings pile up faster. What’s more, electrified vehicles have fewer parts to fix, so maintenance costs tend to be lower compared with diesel and gasoline powered options.“We expect unavoidable and rapid development of the hydrogen economy globally over the next 10 years,” says Robert Tichio, a Decarbonization SPAC director and partner at private-equity firmRiverstone Holdings.“It is our view that hydrogen is a very important part of the decarbonization solution especially for certain categories of transportation and mobility, and will absolutely coexist with battery electric vehicles.”Riverstone is the sponsor of another SPAC—Decarbonization Plus Acquisition Corporation II(DCRNU)—which just went public last week, raising $350 million.Decarbonization Plus I listed last fall, raising about $226 million. After fees, Hyzon is getting that cash plus a $400 million private investment in public equity, or PIPE. Institutional investors including BlackRock, Fidelity, and Wellington are putting up that cash at $10 per share.Proceeds from the deal will go to building out Hyzon’s facilities and team, and toward further research and development.“There are a lot of companies that want to work with us, because Hyzon represents their first opportunity to scale their hydrogen technologies in the market,” Knight says. “In the next few years, Hyzon will put thousands of vehicles on the road while others are still talking—it’s very easy to talk about getting into hydrogen, but very difficult to do.”","news_type":1,"symbols_score_info":{"DCRB":0.9,"NKLA":0.9}},"isVote":1,"tweetType":1,"viewCount":988,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382467400,"gmtCreate":1613477011300,"gmtModify":1631889836346,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/382467400","repostId":"1174892130","repostType":4,"repost":{"id":"1174892130","kind":"news","pubTimestamp":1613469616,"share":"https://www.laohu8.com/m/news/1174892130?lang=&edition=full","pubTime":"2021-02-16 18:00","market":"sg","language":"en","title":"STI closes marginally higher by 0.13%, with all eyes on Budget 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1174892130","media":"businesstimes","summary":"SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation'","content":"<div>\n<p>SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation's Budget 2021, which, among other things, extended the much-needed wage support to the hardest-hit ...</p>\n\n<a href=\"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","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>STI closes marginally higher by 0.13%, with all eyes on Budget 2021</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\">\nSTI closes marginally higher by 0.13%, with all eyes on Budget 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation's Budget 2021, which, among other things, extended the much-needed wage support to the hardest-hit ...</p>\n\n<a href=\"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021\">Web Link</a>\n\n</div>\n\n\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":"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174892130","content_text":"SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation's Budget 2021, which, among other things, extended the much-needed wage support to the hardest-hit sectors in the pandemic, and provided households more spending power.\nThe key Straits Times Index finished at 2,935.34 after advancing 3.82 points or 0.13 per cent. Key regional gauges in Japan, Hong Kong, South Korea and Australia also chalked up gains; Malaysia bucked the general trend and finished in the red.\nSentiments in equities stayed upbeat, owing to the same confluence of factors from US stimulus package, dovish central banks and vaccine roll-outs that have picked up pace. Also, while Wall Street had an off-day on Monday with the Presidents' Day holiday, the futures indicated continued gains as it starts the week on Tuesday, adding to the cheery mood.\nOn the local bourse, turnover stood at 2.69 billion worth S$1.12 billion. Gains were led by DBS, Singtel and Wilmar International.\nComfortDelGro fell one Singapore cent or 0.6 per cent to S$1.57. DBS Group Research issued a \"buy\" rating on the counter with a 12-month target price of S$1.99, saying that a recovery is on the cards and the current price seems \"unjustifiably low\". This followed the land transport operator's FY2020 results, in which it announced a 77 per cent drop in net profit to S$61.8 million from a year ago, as revenue fell 17 per cent to S$3.22 billion owing to pandemic-led lockdowns across the countries where it operates.\nMapletree Logistics Trust (MLT) closed unchanged at S$1.95. MLT manager announced late on Monday that it has acquired five freehold logistics properties in South Korea for 280 billion won (S$336 million).","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117795616,"gmtCreate":1623160092535,"gmtModify":1631889836344,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117795616","repostId":"1154765176","repostType":4,"isVote":1,"tweetType":1,"viewCount":2177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382080316,"gmtCreate":1613303022035,"gmtModify":1631889836353,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382080316","repostId":"2110904027","repostType":4,"isVote":1,"tweetType":1,"viewCount":2048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381442736,"gmtCreate":1612978659025,"gmtModify":1703767984023,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381442736","repostId":"1144142338","repostType":4,"repost":{"id":"1144142338","kind":"news","pubTimestamp":1612954004,"share":"https://www.laohu8.com/m/news/1144142338?lang=&edition=full","pubTime":"2021-02-10 18:46","market":"fut","language":"en","title":"Investors set for commodities ‘bull run’ as prices rise in tandem","url":"https://stock-news.laohu8.com/highlight/detail?id=1144142338","media":"Financial Times","summary":"Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswi","content":"<p>Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’</p>\n<p>The broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a sector-wide “bull market” fanned by government spending, analysts and investors say.</p>\n<p>Wall Street banks are telling their clients to increase their exposure to raw materials, which are poised to benefit from a vaccine-driven global economic recovery, aided by fiscal stimulus. Some are even predicting a prolonger period of commodity-intensive growth that marks a repeat of the so-called “supercycle” of the 2000s — where oil and metal prices hit record highs as China’s rapid industrialisation caught the industry napping.</p>\n<p>“It’s easy — and largely accurate — to present the 2021 commodity outlook as a V-shaped vaccine trade,” said Goldman Sachs in a recent report. “What we think is key, however, is that this recovery in commodity prices will actually be the beginning of a much longer structural bull market for commodities.”</p>\n<p>Commodities, which have been out favour with investors for the best part of a decade, have enjoyed a strong run in recent months helped by demand from China, the world’s biggest buyer of natural resources. Soyabean prices are up more than 50 per cent over the past year, while copper has risen around 40 per cent. Oil, meanwhile, has rebounded to its highest since the early days of the coronavirus crisis. Brent, the international standard, hit $60 on Monday.</p>\n<p>The rally has been exceptionally wide-ranging. A basket of 27 commodity futures — from coffee to nickel — tracked by specialist asset manager SummerHaven showed that all had positive returns over the six months to mid-January, including any gains from rolling over futures contracts.</p>\n<p><img src=\"https://static.tigerbbs.com/d27002730a162c7e367ac38b6ffc4ae1\" tg-width=\"1400\" tg-height=\"1000\"></p>\n<p>“This is really unusual. We’ve looked back 50 years and we’ve never seen this basket of commodities all go up at once,” said managing partner Kurt Nelson.</p>\n<p>Still, some investors say the market is not ready to embark on a new supercycle just yet. “What we certainly do have at the moment is a cyclical recovery driven by restocking in Europe, the US and China and boosted by supply disruptions,” said George Cheveley, portfolio manager at asset management company Ninety One. He said a broader shift is “two to three years away”.</p>\n<p>SummerHaven’s Nelson says a key catalyst for the rally has been a concern that the unprecedented monetary and fiscal policies enacted during the crisis will feed inflation, encouraging fund managers to protect themselves by buying commonly used hedges such as oil and metals.</p>\n<p>Given that most commodities are priced in dollars, last year’s slide in the value of the greenback is also making them cheaper in other currencies, adding to demand.</p>\n<p>Eliot&nbsp;Geller, a partner at CoreCommodity Management, thinks this macroeconomic backdrop for commodities is stronger than at any time in the previous decade.</p>\n<p>&nbsp;“Since 2010, we have seen equity markets rally, a strong US dollar, interest rates trend lower and inflation expectations decline,” he said. “Today, we have the threat of rising inflation, a weaker dollar and interest rates that are already zero or negative.”</p>\n<p>Those predicting a new supercycle — often described as prolonged period of surging demand that outstrips supply — point to global recovery programmes that put greater emphasis on job creation and environmental sustainability than on inflation control.</p>\n<p>“The past decade has seen monetary policy, which was more supportive for financial assets, while current fiscal policy should be more supportive for real assets like commodities,” said Don Casturo, the founder of specialist asset manager Quantix Commodities.</p>\n<p>Commodity bulls also see a supply gap coming. Goldman reckons the energy transition has the potential to create $1tn-$2tn a year in infrastructure investment over the next decade as the world reduces its reliance on carbon. That should drive up demand for a variety of raw materials, including copper, which will be need to wire the solar panels and electric cars of the new economy.</p>\n<p><img src=\"https://static.tigerbbs.com/020a07ab14b3198018a17698d2bce3eb\" tg-width=\"1400\" tg-height=\"1000\"></p>\n<p>Years of low prices, meanwhile, have forced producers to curb spending on new projects and expansions, holding back supply. This is not only true of the oil industry, where investment had been slashed, but also mining.</p>\n<p>“There needs to be a price blowout to bring on the new supply,” said James Johnstone, co-head of emerging and frontier markets at&nbsp;RWC Partners, a London-based investment manager that has invested in a number of copper producers.</p>\n<p>Some doubt that this upswing in commodity prices can match the last.</p>\n<p>“Historically a supercycle happens every 30 to 40 years and we are just out of one. So this would be an exception,” said Norbert Rücker, head of economics at Swiss private bank Julius Baer. “And if you look at what triggered the last supercycle it was Chinese urbanisation and the immense spend of it. The energy transition won’t happen as quickly.”</p>\n<p>But others think the stage is set for a broad-based rally can well outlast the pandemic. “The set-up for commodities is really extraordinary. Not just for the next three to six months but for the next decade,” said SummerHaven’s Nelson.</p>","source":"lsy1580170736413","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>Investors set for commodities ‘bull run’ as prices rise in tandem</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\">\nInvestors set for commodities ‘bull run’ as prices rise in tandem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 18:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a...</p>\n\n<a href=\"https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144142338","content_text":"Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a sector-wide “bull market” fanned by government spending, analysts and investors say.\nWall Street banks are telling their clients to increase their exposure to raw materials, which are poised to benefit from a vaccine-driven global economic recovery, aided by fiscal stimulus. Some are even predicting a prolonger period of commodity-intensive growth that marks a repeat of the so-called “supercycle” of the 2000s — where oil and metal prices hit record highs as China’s rapid industrialisation caught the industry napping.\n“It’s easy — and largely accurate — to present the 2021 commodity outlook as a V-shaped vaccine trade,” said Goldman Sachs in a recent report. “What we think is key, however, is that this recovery in commodity prices will actually be the beginning of a much longer structural bull market for commodities.”\nCommodities, which have been out favour with investors for the best part of a decade, have enjoyed a strong run in recent months helped by demand from China, the world’s biggest buyer of natural resources. Soyabean prices are up more than 50 per cent over the past year, while copper has risen around 40 per cent. Oil, meanwhile, has rebounded to its highest since the early days of the coronavirus crisis. Brent, the international standard, hit $60 on Monday.\nThe rally has been exceptionally wide-ranging. A basket of 27 commodity futures — from coffee to nickel — tracked by specialist asset manager SummerHaven showed that all had positive returns over the six months to mid-January, including any gains from rolling over futures contracts.\n\n“This is really unusual. We’ve looked back 50 years and we’ve never seen this basket of commodities all go up at once,” said managing partner Kurt Nelson.\nStill, some investors say the market is not ready to embark on a new supercycle just yet. “What we certainly do have at the moment is a cyclical recovery driven by restocking in Europe, the US and China and boosted by supply disruptions,” said George Cheveley, portfolio manager at asset management company Ninety One. He said a broader shift is “two to three years away”.\nSummerHaven’s Nelson says a key catalyst for the rally has been a concern that the unprecedented monetary and fiscal policies enacted during the crisis will feed inflation, encouraging fund managers to protect themselves by buying commonly used hedges such as oil and metals.\nGiven that most commodities are priced in dollars, last year’s slide in the value of the greenback is also making them cheaper in other currencies, adding to demand.\nEliot Geller, a partner at CoreCommodity Management, thinks this macroeconomic backdrop for commodities is stronger than at any time in the previous decade.\n “Since 2010, we have seen equity markets rally, a strong US dollar, interest rates trend lower and inflation expectations decline,” he said. “Today, we have the threat of rising inflation, a weaker dollar and interest rates that are already zero or negative.”\nThose predicting a new supercycle — often described as prolonged period of surging demand that outstrips supply — point to global recovery programmes that put greater emphasis on job creation and environmental sustainability than on inflation control.\n“The past decade has seen monetary policy, which was more supportive for financial assets, while current fiscal policy should be more supportive for real assets like commodities,” said Don Casturo, the founder of specialist asset manager Quantix Commodities.\nCommodity bulls also see a supply gap coming. Goldman reckons the energy transition has the potential to create $1tn-$2tn a year in infrastructure investment over the next decade as the world reduces its reliance on carbon. That should drive up demand for a variety of raw materials, including copper, which will be need to wire the solar panels and electric cars of the new economy.\n\nYears of low prices, meanwhile, have forced producers to curb spending on new projects and expansions, holding back supply. This is not only true of the oil industry, where investment had been slashed, but also mining.\n“There needs to be a price blowout to bring on the new supply,” said James Johnstone, co-head of emerging and frontier markets at RWC Partners, a London-based investment manager that has invested in a number of copper producers.\nSome doubt that this upswing in commodity prices can match the last.\n“Historically a supercycle happens every 30 to 40 years and we are just out of one. So this would be an exception,” said Norbert Rücker, head of economics at Swiss private bank Julius Baer. “And if you look at what triggered the last supercycle it was Chinese urbanisation and the immense spend of it. The energy transition won’t happen as quickly.”\nBut others think the stage is set for a broad-based rally can well outlast the pandemic. “The set-up for commodities is really extraordinary. Not just for the next three to six months but for the next decade,” said SummerHaven’s Nelson.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2015,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381442995,"gmtCreate":1612978573417,"gmtModify":1703767983159,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381442995","repostId":"1150853051","repostType":4,"isVote":1,"tweetType":1,"viewCount":2031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":381448858,"gmtCreate":1612978404274,"gmtModify":1703767981431,"author":{"id":"3571892403723368","authorId":"3571892403723368","name":"Kai96","avatar":"https://static.tigerbbs.com/aa876de5f8c739dae4f92c96eddad983","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571892403723368","authorIdStr":"3571892403723368"},"themes":[],"htmlText":"[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381448858","repostId":"1144142338","repostType":4,"repost":{"id":"1144142338","kind":"news","pubTimestamp":1612954004,"share":"https://www.laohu8.com/m/news/1144142338?lang=&edition=full","pubTime":"2021-02-10 18:46","market":"fut","language":"en","title":"Investors set for commodities ‘bull run’ as prices rise in tandem","url":"https://stock-news.laohu8.com/highlight/detail?id=1144142338","media":"Financial Times","summary":"Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswi","content":"<p>Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’</p>\n<p>The broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a sector-wide “bull market” fanned by government spending, analysts and investors say.</p>\n<p>Wall Street banks are telling their clients to increase their exposure to raw materials, which are poised to benefit from a vaccine-driven global economic recovery, aided by fiscal stimulus. Some are even predicting a prolonger period of commodity-intensive growth that marks a repeat of the so-called “supercycle” of the 2000s — where oil and metal prices hit record highs as China’s rapid industrialisation caught the industry napping.</p>\n<p>“It’s easy — and largely accurate — to present the 2021 commodity outlook as a V-shaped vaccine trade,” said Goldman Sachs in a recent report. “What we think is key, however, is that this recovery in commodity prices will actually be the beginning of a much longer structural bull market for commodities.”</p>\n<p>Commodities, which have been out favour with investors for the best part of a decade, have enjoyed a strong run in recent months helped by demand from China, the world’s biggest buyer of natural resources. Soyabean prices are up more than 50 per cent over the past year, while copper has risen around 40 per cent. Oil, meanwhile, has rebounded to its highest since the early days of the coronavirus crisis. Brent, the international standard, hit $60 on Monday.</p>\n<p>The rally has been exceptionally wide-ranging. A basket of 27 commodity futures — from coffee to nickel — tracked by specialist asset manager SummerHaven showed that all had positive returns over the six months to mid-January, including any gains from rolling over futures contracts.</p>\n<p><img src=\"https://static.tigerbbs.com/d27002730a162c7e367ac38b6ffc4ae1\" tg-width=\"1400\" tg-height=\"1000\"></p>\n<p>“This is really unusual. We’ve looked back 50 years and we’ve never seen this basket of commodities all go up at once,” said managing partner Kurt Nelson.</p>\n<p>Still, some investors say the market is not ready to embark on a new supercycle just yet. “What we certainly do have at the moment is a cyclical recovery driven by restocking in Europe, the US and China and boosted by supply disruptions,” said George Cheveley, portfolio manager at asset management company Ninety One. He said a broader shift is “two to three years away”.</p>\n<p>SummerHaven’s Nelson says a key catalyst for the rally has been a concern that the unprecedented monetary and fiscal policies enacted during the crisis will feed inflation, encouraging fund managers to protect themselves by buying commonly used hedges such as oil and metals.</p>\n<p>Given that most commodities are priced in dollars, last year’s slide in the value of the greenback is also making them cheaper in other currencies, adding to demand.</p>\n<p>Eliot&nbsp;Geller, a partner at CoreCommodity Management, thinks this macroeconomic backdrop for commodities is stronger than at any time in the previous decade.</p>\n<p>&nbsp;“Since 2010, we have seen equity markets rally, a strong US dollar, interest rates trend lower and inflation expectations decline,” he said. “Today, we have the threat of rising inflation, a weaker dollar and interest rates that are already zero or negative.”</p>\n<p>Those predicting a new supercycle — often described as prolonged period of surging demand that outstrips supply — point to global recovery programmes that put greater emphasis on job creation and environmental sustainability than on inflation control.</p>\n<p>“The past decade has seen monetary policy, which was more supportive for financial assets, while current fiscal policy should be more supportive for real assets like commodities,” said Don Casturo, the founder of specialist asset manager Quantix Commodities.</p>\n<p>Commodity bulls also see a supply gap coming. Goldman reckons the energy transition has the potential to create $1tn-$2tn a year in infrastructure investment over the next decade as the world reduces its reliance on carbon. That should drive up demand for a variety of raw materials, including copper, which will be need to wire the solar panels and electric cars of the new economy.</p>\n<p><img src=\"https://static.tigerbbs.com/020a07ab14b3198018a17698d2bce3eb\" tg-width=\"1400\" tg-height=\"1000\"></p>\n<p>Years of low prices, meanwhile, have forced producers to curb spending on new projects and expansions, holding back supply. This is not only true of the oil industry, where investment had been slashed, but also mining.</p>\n<p>“There needs to be a price blowout to bring on the new supply,” said James Johnstone, co-head of emerging and frontier markets at&nbsp;RWC Partners, a London-based investment manager that has invested in a number of copper producers.</p>\n<p>Some doubt that this upswing in commodity prices can match the last.</p>\n<p>“Historically a supercycle happens every 30 to 40 years and we are just out of one. So this would be an exception,” said Norbert Rücker, head of economics at Swiss private bank Julius Baer. “And if you look at what triggered the last supercycle it was Chinese urbanisation and the immense spend of it. The energy transition won’t happen as quickly.”</p>\n<p>But others think the stage is set for a broad-based rally can well outlast the pandemic. “The set-up for commodities is really extraordinary. Not just for the next three to six months but for the next decade,” said SummerHaven’s Nelson.</p>","source":"lsy1580170736413","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>Investors set for commodities ‘bull run’ as prices rise in tandem</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\">\nInvestors set for commodities ‘bull run’ as prices rise in tandem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 18:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a...</p>\n\n<a href=\"https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144142338","content_text":"Broad-based recent gains have not been seen in decades and spur talk of ‘supercycle’\nThe broad upswing in commodity prices since the depths of the coronavirus crisis represents just the first leg of a sector-wide “bull market” fanned by government spending, analysts and investors say.\nWall Street banks are telling their clients to increase their exposure to raw materials, which are poised to benefit from a vaccine-driven global economic recovery, aided by fiscal stimulus. Some are even predicting a prolonger period of commodity-intensive growth that marks a repeat of the so-called “supercycle” of the 2000s — where oil and metal prices hit record highs as China’s rapid industrialisation caught the industry napping.\n“It’s easy — and largely accurate — to present the 2021 commodity outlook as a V-shaped vaccine trade,” said Goldman Sachs in a recent report. “What we think is key, however, is that this recovery in commodity prices will actually be the beginning of a much longer structural bull market for commodities.”\nCommodities, which have been out favour with investors for the best part of a decade, have enjoyed a strong run in recent months helped by demand from China, the world’s biggest buyer of natural resources. Soyabean prices are up more than 50 per cent over the past year, while copper has risen around 40 per cent. Oil, meanwhile, has rebounded to its highest since the early days of the coronavirus crisis. Brent, the international standard, hit $60 on Monday.\nThe rally has been exceptionally wide-ranging. A basket of 27 commodity futures — from coffee to nickel — tracked by specialist asset manager SummerHaven showed that all had positive returns over the six months to mid-January, including any gains from rolling over futures contracts.\n\n“This is really unusual. We’ve looked back 50 years and we’ve never seen this basket of commodities all go up at once,” said managing partner Kurt Nelson.\nStill, some investors say the market is not ready to embark on a new supercycle just yet. “What we certainly do have at the moment is a cyclical recovery driven by restocking in Europe, the US and China and boosted by supply disruptions,” said George Cheveley, portfolio manager at asset management company Ninety One. He said a broader shift is “two to three years away”.\nSummerHaven’s Nelson says a key catalyst for the rally has been a concern that the unprecedented monetary and fiscal policies enacted during the crisis will feed inflation, encouraging fund managers to protect themselves by buying commonly used hedges such as oil and metals.\nGiven that most commodities are priced in dollars, last year’s slide in the value of the greenback is also making them cheaper in other currencies, adding to demand.\nEliot Geller, a partner at CoreCommodity Management, thinks this macroeconomic backdrop for commodities is stronger than at any time in the previous decade.\n “Since 2010, we have seen equity markets rally, a strong US dollar, interest rates trend lower and inflation expectations decline,” he said. “Today, we have the threat of rising inflation, a weaker dollar and interest rates that are already zero or negative.”\nThose predicting a new supercycle — often described as prolonged period of surging demand that outstrips supply — point to global recovery programmes that put greater emphasis on job creation and environmental sustainability than on inflation control.\n“The past decade has seen monetary policy, which was more supportive for financial assets, while current fiscal policy should be more supportive for real assets like commodities,” said Don Casturo, the founder of specialist asset manager Quantix Commodities.\nCommodity bulls also see a supply gap coming. Goldman reckons the energy transition has the potential to create $1tn-$2tn a year in infrastructure investment over the next decade as the world reduces its reliance on carbon. That should drive up demand for a variety of raw materials, including copper, which will be need to wire the solar panels and electric cars of the new economy.\n\nYears of low prices, meanwhile, have forced producers to curb spending on new projects and expansions, holding back supply. This is not only true of the oil industry, where investment had been slashed, but also mining.\n“There needs to be a price blowout to bring on the new supply,” said James Johnstone, co-head of emerging and frontier markets at RWC Partners, a London-based investment manager that has invested in a number of copper producers.\nSome doubt that this upswing in commodity prices can match the last.\n“Historically a supercycle happens every 30 to 40 years and we are just out of one. So this would be an exception,” said Norbert Rücker, head of economics at Swiss private bank Julius Baer. “And if you look at what triggered the last supercycle it was Chinese urbanisation and the immense spend of it. The energy transition won’t happen as quickly.”\nBut others think the stage is set for a broad-based rally can well outlast the pandemic. “The set-up for commodities is really extraordinary. Not just for the next three to six months but for the next decade,” said SummerHaven’s Nelson.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}