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Sm00kS

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2021-02-24

$Globalstar(GSAT)$Ladies and gentlemen, the rocket is currently preparing to take off 🚀🚀

2021-03-03

Elon stonks

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2021-03-01

Pog

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2021-02-26

Pog

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2021-11-09

$Naked Brand(NAKD)$TIME TO RUN BOYS

2021-03-05

Let’s go

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2021-03-03

Stonks

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2021-03-02

Ggwp

NIO plunged more than 7%<blockquote>蔚来暴跌超7%</blockquote>

2021-02-20

Dolla dolla

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2021-02-19

GME pog

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ftw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/320500113","repostId":"1196034072","repostType":4,"repost":{"id":"1196034072","kind":"news","pubTimestamp":1614953178,"share":"https://www.laohu8.com/m/news/1196034072?lang=zh_CN&edition=full","pubTime":"2021-03-05 22:06","market":"us","language":"en","title":"Is The Nio Sell-Off Overdone?<blockquote>蔚来抛售是否过度？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196034072","media":"Benzinga","summary":"NIO Inc.  shares have been soundly thrashed in the tech sell-off, and thequarterlyreport released ea","content":"<p><div> NIO Inc.  shares have been soundly thrashed in the tech sell-off, and thequarterlyreport released earlier this week did little to assuage sentiment. The stock is now in bear market territory, having ...</p><p><blockquote><div>蔚来股价在科技股抛售中遭受重创，本周早些时候发布的季度报告并没有缓解市场情绪。该股目前处于熊市区域，...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/03/20016348/is-the-nio-sell-off-overdone\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/03/20016348/is-the-nio-sell-off-overdone\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is The Nio Sell-Off Overdone?<blockquote>蔚来抛售是否过度？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs The Nio Sell-Off Overdone?<blockquote>蔚来抛售是否过度？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-03-05 22:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> NIO Inc.  shares have been soundly thrashed in the tech sell-off, and thequarterlyreport released earlier this week did little to assuage sentiment. The stock is now in bear market territory, having ...</p><p><blockquote><div>蔚来股价在科技股抛售中遭受重创，本周早些时候发布的季度报告并没有缓解市场情绪。该股目前处于熊市区域，...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/03/20016348/is-the-nio-sell-off-overdone\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/03/20016348/is-the-nio-sell-off-overdone\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/03/20016348/is-the-nio-sell-off-overdone\">Benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.benzinga.com/news/21/03/20016348/is-the-nio-sell-off-overdone","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196034072","content_text":"NIO Inc.  shares have been soundly thrashed in the tech sell-off, and thequarterlyreport released earlier this week did little to assuage sentiment. The stock is now in bear market territory, having pulled back 35.7 % from the Feb. 10 high of $64.60.Is the sell-off in the shares justified? Did fundamentals flash the red light to investors, who were thronging to the stock in droves ahead of the current downturn?The 2020 Highs: The COVID-19 pandemic, which broke out at the end of 2019 and ravaged the global economies for much of 2020, proved a blessing for some companies that benefited from the adversity.Nio, a luxury EV maker, should have taken a big hit in the year, as cash-strapped users preferred to hold back on big-ticket buys. The company did have its momentum of despair in the first two months of 2020. Not bogged down by the adverse geopolitical milieu, the EV startup chose to be proactive instead. The company announced several innovative product andservice offerings.Deliveries continued to climb through the year, with Nio's charismatic CEO William Bin attributing the strength to the growing recognition of its premium brand, the competitive and compelling products and services, the expanding sales network, and most importantly, the support from its passionate and loyal user community.For 2020, Nio delivered 43,728 vehicles, an increase of 111% year-over-year.The company also managed to rein in costs, giving margins a lift. It also succeeded in mobilizing finances through a combination of equity, debt and strategic investments, removing a key existential risk it faced in 2019.Promptly the stock began discounting the fundamental improvement and closed out 2020 with a gain in excess of 1,100%. The strong rally stretched valuation to levels, with some skeptics beginning to question the irrational exuberance in the stock.Fundamentals, Stock Pause At Start of 2021: Nio had a strong start to the year, as it continued to clock record monthly deliveries in January. The stock raced to a record high of $66.99 on Jan. 11, as it reacted to the announcements the company made at the annual Nio Day held on Jan. 10.Thereafter, it has been a bumpy ride for the stock. Since the start of February, the stock has been caught in the vortex of the tech sell-off. Incidentally, market leader and EV pioneerTesla, Inc.TSLAwas not spared either. Since the all-time split-adjusted high of $900.40 hit in late January, Tesla shares have given back over 30%.Nio investors were pinning their hopes on a stellar fourth-quarter report to lift the stock from the depressed levels. It was not to be. The stock continued to bleed despite the EV maker reporting $1 billion revenues for the quarter and seeing an expansion in gross margins.Naysayers were quick to highlight the wider-than-expected loss and the month-over-month drop in deliveries.As outlined by Deutsche Bank Securities analyst Edison Yu, the underperformance on the bottom line had to do with forex losses, engendered by a weaker dollar.Although initially Nio did not explain away the February softness, it later clarified in a blog post the weeklong Lunar New Year holiday that fell in the month played spoilsport.\"The majority of the employees receive seven days off work as a public holiday to spend time with their families, though the celebrations can last for more than two weeks nationwide. Most of the factories were shut down for weeks, and many products that rely on shipping and manufacturing might have been delayed,\" Nio said in the post.Is Recovery In The Cards: The company has several catalysts ahead, including the launch of its first sedan, named ET7, and its plan to expand into Europe this year. The company is also making solid progress with respect to its advanced driver-assisted system, battery technology and battery swapping stations.With the increasing uptake of its battery-as-a-service offering and its recently announced autonomous driving-as-a-service, the company has laid the groundwork for recurrent revenue streams.This apart, the attractive market opportunity presented by the burgeoning EV market, both domestically and globally, will prove salubrious for the company. There is no denying the fact that EV manufacturing is turning out to be a crowded field. However, early entrants such as Nio are at an advantage, given their experiences in grinding it out in the early stages.Patient investors, who are willing to ride out the trying times, could be in for rich rewards when things settle down.Nio shares closed down 5.5% at $39.28, with the stock dropping below the $40 handle for the first time since mid-December.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1914,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367852310,"gmtCreate":1614937959030,"gmtModify":1703483180749,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Let’s go&nbsp;","listText":"Let’s go&nbsp;","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/367852310","repostId":"2117681803","repostType":4,"isVote":1,"tweetType":1,"viewCount":1771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364773173,"gmtCreate":1614879166692,"gmtModify":1703482508067,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Ggwp","listText":"Ggwp","text":"Ggwp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364773173","repostId":"1151761556","repostType":4,"isVote":1,"tweetType":1,"viewCount":3121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365686569,"gmtCreate":1614735312251,"gmtModify":1703480447551,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Elon stonks","listText":"Elon stonks","text":"Elon stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/365686569","repostId":"2116516818","repostType":4,"isVote":1,"tweetType":1,"viewCount":2047,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365686092,"gmtCreate":1614735278216,"gmtModify":1703480446532,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Stonks","listText":"Stonks","text":"Stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/365686092","repostId":"2116515520","repostType":4,"isVote":1,"tweetType":1,"viewCount":2037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365139116,"gmtCreate":1614700652435,"gmtModify":1703480143942,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Ggwp","listText":"Ggwp","text":"Ggwp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/365139116","repostId":"1122180672","repostType":4,"repost":{"id":"1122180672","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614697099,"share":"https://www.laohu8.com/m/news/1122180672?lang=zh_CN&edition=full","pubTime":"2021-03-02 22:58","market":"other","language":"en","title":"NIO plunged more than 7%<blockquote>蔚来暴跌超7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122180672","media":"老虎资讯综合","summary":"(March 2) NIO Inc.  reported a wider-than-expected loss for its fourth quarter, but issued strong re","content":"<p>(March 2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p><blockquote>（3月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>报告第四季度亏损超出预期，但发布了强劲的第一季度收入指引。这家电动汽车制造商还宣布2月份的交付量环比下降。</blockquote></p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote>蔚来暴跌超7%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO plunged more than 7%<blockquote>蔚来暴跌超7%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO plunged more than 7%<blockquote>蔚来暴跌超7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-02 22:58</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p><blockquote>（3月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>报告第四季度亏损超出预期，但发布了强劲的第一季度收入指引。这家电动汽车制造商还宣布2月份的交付量环比下降。</blockquote></p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote>蔚来暴跌超7%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122180672","content_text":"(March 2) NIO Inc.  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.NIO plunged more than 7%.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366711990,"gmtCreate":1614562719010,"gmtModify":1703478206141,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Pog","listText":"Pog","text":"Pog","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/366711990","repostId":"1106176819","repostType":4,"isVote":1,"tweetType":1,"viewCount":2397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368330366,"gmtCreate":1614285818055,"gmtModify":1703475829667,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Pog","listText":"Pog","text":"Pog","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/368330366","repostId":"2114317810","repostType":4,"isVote":1,"tweetType":1,"viewCount":2507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363412602,"gmtCreate":1614163055606,"gmtModify":1631886178195,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GSAT\">$Globalstar(GSAT)$</a>Ladies and gentlemen, the rocket is currently preparing to take off 🚀🚀","listText":"<a href=\"https://laohu8.com/S/GSAT\">$Globalstar(GSAT)$</a>Ladies and gentlemen, the rocket is currently preparing to take off 🚀🚀","text":"$Globalstar(GSAT)$Ladies and gentlemen, the rocket is currently preparing to take off 🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/363412602","isVote":1,"tweetType":1,"viewCount":4167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363594144,"gmtCreate":1614150476288,"gmtModify":1634550973201,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Oof","listText":"Oof","text":"Oof","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/363594144","repostId":"1191237890","repostType":4,"repost":{"id":"1191237890","kind":"news","pubTimestamp":1614144729,"share":"https://www.laohu8.com/m/news/1191237890?lang=zh_CN&edition=full","pubTime":"2021-02-24 13:32","market":"hk","language":"en","title":"How Hong Kong’s Stamp Duty Impacts Trading on HKEX<blockquote>香港印花税如何影响港交所交易</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191237890","media":"exegy","summary":"Notes:Hong Kong’s Financial Secretary Paul Chan proposes raising stamp duty on stock trading to 0.13","content":"<p><b>Notes:</b><b>Hong Kong’s Financial Secretary Paul Chan proposes raising stamp duty on stock trading to 0.13%</b></p><p><blockquote><b>附注：</b><b>香港财政司司长陈茂波建议提高股票交易印花税至0.13%</b></blockquote></p><p>The Hong Kong government imposes a stamp duty on the value of all share transfers, which has a significant effect on the cost of trading on the Hong Kong Exchange (HKEX). The duty is the largest single fee paid in a securities transaction in Hong Kong, affecting not only&nbsp;transaction costs, but the Hong Kong market as a whole. So, planning for its impact is an important step before entering this market.</p><p><blockquote>香港政府对所有股份转让的价值征收印花税，这对香港交易所（港交所）的交易成本有重大影响。该税是香港证券交易中支付的最大单一费用，不仅影响交易成本，也影响整个香港市场。因此，在进入这个市场之前，规划其影响是重要的一步。</blockquote></p><p><b>Basics of the Stamp Duty</b></p><p><blockquote><b>印花税基础知识</b></blockquote></p><p>Stamp duties aren’t unique to Hong Kong–many governments impose financial transaction taxes, all with different rules and exemptions. Hong Kong’s duty applies to all stocks listed on the HKEX and all transfers of shares in Hong Kong-based companies. The stamp duty is currently set at 0.2% — 0.1% each from the buyer and the seller.</p><p><blockquote>印花税并不是香港独有的——许多政府都征收金融交易税，但都有不同的规则和豁免。香港的关税适用于在香港交易所上市的所有股票以及香港公司的所有股份转让。印花税目前设定为买卖双方各0.2%-0.1%。</blockquote></p><p>Unlike duties in some other markets, Hong Kong’s stamp duty doesn’t differentiate between liquidity makers and takers. Dark pools, known in Hong Kong as “alternative liquidity pools,” are also subject to the stamp duty.</p><p><blockquote>与其他一些市场的关税不同，香港的印花税不区分流动性制造者和接受者。暗池，在香港被称为“另类流动性池”，也要缴纳印花税。</blockquote></p><p>Exchange participants are required to pay the stamp duty on behalf of their clients by 11 a.m. on the settlement date, which is the second trading day following the transaction date. The duty is paid electronically, and exchange participants must keep deposits on hand in a designated account based on their average daily turnover.</p><p><blockquote>交易所参与者须于交收日上午十一时前代客户缴付印花税，交收日为交易日后的第二个交易日。关税以电子方式支付，交易所参与者必须根据其平均每日营业额将存款存入指定账户。</blockquote></p><p><b>Comparing the Duty with other Transaction Fees</b></p><p><blockquote><b>将关税与其他交易费用进行比较</b></blockquote></p><p>The stamp duty makes up about 90% of all official transaction fees on the HKEX. Other fees include a Securities and Futures Commission levy of 0.0027% per side, an exchange fee of 0.005% per side, and a settlement fee of 0.002% per side (ranging from $2 to $100). For each trade, regardless of size, the seller must pay a $5.00 HKD transfer of deed stamp duty and the buyer must pay a $2.50 HKD transfer fee. For market-making, the exchange fee and SFC levy are waived.</p><p><blockquote>印花税约占港交所所有官方交易费用的90%。其他费用包括每边0.0027%的证监会征费、每边0.005%的交易所费及每边0.002%的结算费（由$2至$100不等）。对于每笔交易，无论规模大小，卖方必须支付5.00港元的转让契据印花税，买方必须支付2.50港元的转让费。就做市而言，交易所费用及证监会征费均获豁免。</blockquote></p><p><img src=\"https://static.tigerbbs.com/6a89595225a251b89abcc13fc88960f8\" tg-width=\"1099\" tg-height=\"681\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Although the stamp duty rate has been cut by two-thirds since the early 1990s, the Hong Kong government has resisted calls to repeal it, because of the city’s reliance on the revenues it generates. The government currently collects no sales or capital gains taxes, and stamp duties from share transfers made up 6% of total revenues in fiscal year 2017-2018.</p><p><blockquote>尽管自20世纪90年代初以来，印花税税率已削减了三分之二，但由于香港对印花税收入的依赖，香港政府一直抵制评级废除印花税。政府目前不征收销售税或资本利得税，2017-2018财年股票转让印花税占总收入的6%。</blockquote></p><p>Therefore, firms trading in Hong Kong must continue to plan for how to minimize their liability from the duty. One way market participants have accomplished this is by leveraging its exemptions.</p><p><blockquote>因此，在香港交易的公司必须继续计划如何尽量减少他们的关税责任。市场参与者实现这一目标的一种方法是利用其豁免。</blockquote></p><p><b>Stamp Duty Exemptions</b></p><p><blockquote><b>印花税豁免</b></blockquote></p><p>Firms can maximize trading opportunities without incurring stamp duties by trading in exempted products. The duty is levied only on transfers of shares, so cash-settled derivatives as well as ETFs and other index-based basket instruments are not taxed. In Hong Kong, traders rely heavily on these products, and this has made the Hong Kong Exchange the world’s largest trading center for securitized derivatives and the leading Asia-Pacific market for trading volume of ETF options.</p><p><blockquote>公司可以通过交易免税产品来最大限度地增加交易机会，而不会招致印花税。该税仅对股票转让征收，因此现金结算的衍生品以及ETF和其他基于指数的篮子工具无需纳税。在香港，交易员严重依赖这些产品，这使得香港交易所成为全球最大的证券化衍生品交易中心，也是ETF期权交易量领先的亚太市场。</blockquote></p><p>Derivative contracts are exempt from Hong Kong’s stamp duty since they don’t involve physical transfer of shares. Among the most popular derivatives trading on the HKEX are warrants (which are company-issued), callable bull/bear contracts (contracts also issued by someone other than the exchange), and inline warrants (warrants designed to profit on index stability). Structured derivative products made up about 21% of HKEX’s average daily turnover in 2019. Callable bull/bear contracts were particularly popular, accounting for more than half of that amount.</p><p><blockquote>衍生品合约免征香港印花税，因为它们不涉及股票的实物转让。在香港交易所交易的最受欢迎的衍生品包括认股权证（由公司发行）、可赎回牛熊合约（也由交易所以外的人发行的合约）和内联认股权证（旨在从指数稳定中获利的认股权证）。结构性衍生产品约占港交所2019年日均成交额的21%。可赎回牛/熊合约尤其受欢迎，占该金额的一半以上。</blockquote></p><p>Another major category of stamp duty-exempt products are pooled investments—those that are based on the value of an underlying basket of assets, such as exchange-traded funds (ETFs). Hong Kong lifted the stamp duty on all ETFs in 2015, to better compete with other global markets. Leveraged and inverse products are also included in this exemption. They seek to deliver a multiple (leveraged) or opposite (inverse) result of an index. For instance, when the Hang Seng Index gains 2%, a 2x leveraged product would aim for a 4% increase, while a 2x inverse product would target a 4% decrease. Without the stamp duty on these products, transaction cost analysis may reveal a more profitable trading strategy.</p><p><blockquote>另一个主要类别的印花税免税产品是集合投资——那些基于一篮子基础资产价值的投资，例如交易所交易基金（ETF）。香港于2015年取消了所有ETF的印花税，以更好地与其他全球市场竞争。杠杆和反向产品也包含在此豁免中。他们寻求提供指数的倍数（杠杆）或相反（反向）结果。例如，当恒生指数上涨2%时，2倍杠杆产品的目标是上涨4%，而2倍反向产品的目标是下跌4%。如果没有这些产品的印花税，交易成本分析可能会揭示更有利可图的交易策略。</blockquote></p><p><b>Effects of Stamp Duty on the Markets</b></p><p><blockquote><b>印花税对市场的影响</b></blockquote></p><p>In addition to trading strategies, the stamp duty has more widespread challenges for the Hong Kong market as a whole. Taxing all equities trades, including market making, can dampen overall liquidity. That in turn can impair price discovery and widen bid-ask spreads, adding to the risks of trading equities and their derivatives.</p><p><blockquote>除了交易策略，印花税对香港市场整体来说还有更广泛的挑战。对包括做市在内的所有股票交易征税可能会抑制整体流动性。这反过来会损害价格发现并扩大买卖价差，增加股票及其衍生品交易的风险。</blockquote></p><p></p><p>HKEX has added products to boost liquidity, with modest results. Despite initiatives in recent years, the average daily turnover for the exchange’s main board&nbsp;increased just 21%&nbsp;from December 2013 to December 2019. Improving liquidity was one of the key drivers of Hong Kong’s 2014 decision to embark on the&nbsp;Shanghai and Shenzhen Stock Connect&nbsp;programs with mainland China. Although northbound transactions on the Stock Connect are not subject to the Hong Kong stamp duty, sellers on the Stock Connect still pay an equal-sized 0.1% stamp duty to the mainland Chinese government.</p><p><blockquote>港交所增加产品以提振流动性，但成效不大。尽管近年来采取了一些举措，但从2013年12月到2019年12月，交易所主板的日均成交额仅增长了21%。改善流动性是香港2014年决定与中国内地启动沪深股通计划的关键驱动力之一。虽然港股通北向交易不征收香港印花税，但港股通卖家仍需向中国内地政府缴纳等额0.1%印花税。</blockquote></p><p>Stamp duties also tend to concentrate trading activity in a limited number of stocks, and in Hong Kong, the statistics bear that out. In 2019, turnover of the 20 most active stocks accounted for&nbsp;43% of all equities turnover. This makes access to liquidity on most securities harder to come by and increases spreads.</p><p><blockquote>印花税也倾向于将交易活动集中在有限数量的股票上，在香港，统计数据证实了这一点。2019年，20只最活跃股票的成交额占所有股票成交额的43%。这使得大多数证券更难获得流动性，并增加了利差。</blockquote></p><p>While the stamp duty’s effect on liquidity significantly impacts trading in Hong Kong, regional politics and global economics have heightened volatility in the market. Expanding to this region requires continued awareness to shifting liquidity and volatility in order to have the fullest picture of the challenges and opportunities of this market.</p><p><blockquote>虽然印花税对流动性的影响显著影响香港的交易，但地区政治和全球经济加剧了市场的波动。向该地区扩张需要持续了解流动性和波动性的变化，以便最全面地了解该市场的挑战和机遇。</blockquote></p><p></p>","source":"lsy1614144636634","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>How Hong Kong’s Stamp Duty Impacts Trading on HKEX<blockquote>香港印花税如何影响港交所交易</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Hong Kong’s Stamp Duty Impacts Trading on HKEX<blockquote>香港印花税如何影响港交所交易</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">exegy</strong><span class=\"h-time small\">2021-02-24 13:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Notes:</b><b>Hong Kong’s Financial Secretary Paul Chan proposes raising stamp duty on stock trading to 0.13%</b></p><p><blockquote><b>附注：</b><b>香港财政司司长陈茂波建议提高股票交易印花税至0.13%</b></blockquote></p><p>The Hong Kong government imposes a stamp duty on the value of all share transfers, which has a significant effect on the cost of trading on the Hong Kong Exchange (HKEX). The duty is the largest single fee paid in a securities transaction in Hong Kong, affecting not only&nbsp;transaction costs, but the Hong Kong market as a whole. So, planning for its impact is an important step before entering this market.</p><p><blockquote>香港政府对所有股份转让的价值征收印花税，这对香港交易所（港交所）的交易成本有重大影响。该税是香港证券交易中支付的最大单一费用，不仅影响交易成本，也影响整个香港市场。因此，在进入这个市场之前，规划其影响是重要的一步。</blockquote></p><p><b>Basics of the Stamp Duty</b></p><p><blockquote><b>印花税基础知识</b></blockquote></p><p>Stamp duties aren’t unique to Hong Kong–many governments impose financial transaction taxes, all with different rules and exemptions. Hong Kong’s duty applies to all stocks listed on the HKEX and all transfers of shares in Hong Kong-based companies. The stamp duty is currently set at 0.2% — 0.1% each from the buyer and the seller.</p><p><blockquote>印花税并不是香港独有的——许多政府都征收金融交易税，但都有不同的规则和豁免。香港的关税适用于在香港交易所上市的所有股票以及香港公司的所有股份转让。印花税目前设定为买卖双方各0.2%-0.1%。</blockquote></p><p>Unlike duties in some other markets, Hong Kong’s stamp duty doesn’t differentiate between liquidity makers and takers. Dark pools, known in Hong Kong as “alternative liquidity pools,” are also subject to the stamp duty.</p><p><blockquote>与其他一些市场的关税不同，香港的印花税不区分流动性制造者和接受者。暗池，在香港被称为“另类流动性池”，也要缴纳印花税。</blockquote></p><p>Exchange participants are required to pay the stamp duty on behalf of their clients by 11 a.m. on the settlement date, which is the second trading day following the transaction date. The duty is paid electronically, and exchange participants must keep deposits on hand in a designated account based on their average daily turnover.</p><p><blockquote>交易所参与者须于交收日上午十一时前代客户缴付印花税，交收日为交易日后的第二个交易日。关税以电子方式支付，交易所参与者必须根据其平均每日营业额将存款存入指定账户。</blockquote></p><p><b>Comparing the Duty with other Transaction Fees</b></p><p><blockquote><b>将关税与其他交易费用进行比较</b></blockquote></p><p>The stamp duty makes up about 90% of all official transaction fees on the HKEX. Other fees include a Securities and Futures Commission levy of 0.0027% per side, an exchange fee of 0.005% per side, and a settlement fee of 0.002% per side (ranging from $2 to $100). For each trade, regardless of size, the seller must pay a $5.00 HKD transfer of deed stamp duty and the buyer must pay a $2.50 HKD transfer fee. For market-making, the exchange fee and SFC levy are waived.</p><p><blockquote>印花税约占港交所所有官方交易费用的90%。其他费用包括每边0.0027%的证监会征费、每边0.005%的交易所费及每边0.002%的结算费（由$2至$100不等）。对于每笔交易，无论规模大小，卖方必须支付5.00港元的转让契据印花税，买方必须支付2.50港元的转让费。就做市而言，交易所费用及证监会征费均获豁免。</blockquote></p><p><img src=\"https://static.tigerbbs.com/6a89595225a251b89abcc13fc88960f8\" tg-width=\"1099\" tg-height=\"681\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Although the stamp duty rate has been cut by two-thirds since the early 1990s, the Hong Kong government has resisted calls to repeal it, because of the city’s reliance on the revenues it generates. The government currently collects no sales or capital gains taxes, and stamp duties from share transfers made up 6% of total revenues in fiscal year 2017-2018.</p><p><blockquote>尽管自20世纪90年代初以来，印花税税率已削减了三分之二，但由于香港对印花税收入的依赖，香港政府一直抵制评级废除印花税。政府目前不征收销售税或资本利得税，2017-2018财年股票转让印花税占总收入的6%。</blockquote></p><p>Therefore, firms trading in Hong Kong must continue to plan for how to minimize their liability from the duty. One way market participants have accomplished this is by leveraging its exemptions.</p><p><blockquote>因此，在香港交易的公司必须继续计划如何尽量减少他们的关税责任。市场参与者实现这一目标的一种方法是利用其豁免。</blockquote></p><p><b>Stamp Duty Exemptions</b></p><p><blockquote><b>印花税豁免</b></blockquote></p><p>Firms can maximize trading opportunities without incurring stamp duties by trading in exempted products. The duty is levied only on transfers of shares, so cash-settled derivatives as well as ETFs and other index-based basket instruments are not taxed. In Hong Kong, traders rely heavily on these products, and this has made the Hong Kong Exchange the world’s largest trading center for securitized derivatives and the leading Asia-Pacific market for trading volume of ETF options.</p><p><blockquote>公司可以通过交易免税产品来最大限度地增加交易机会，而不会招致印花税。该税仅对股票转让征收，因此现金结算的衍生品以及ETF和其他基于指数的篮子工具无需纳税。在香港，交易员严重依赖这些产品，这使得香港交易所成为全球最大的证券化衍生品交易中心，也是ETF期权交易量领先的亚太市场。</blockquote></p><p>Derivative contracts are exempt from Hong Kong’s stamp duty since they don’t involve physical transfer of shares. Among the most popular derivatives trading on the HKEX are warrants (which are company-issued), callable bull/bear contracts (contracts also issued by someone other than the exchange), and inline warrants (warrants designed to profit on index stability). Structured derivative products made up about 21% of HKEX’s average daily turnover in 2019. Callable bull/bear contracts were particularly popular, accounting for more than half of that amount.</p><p><blockquote>衍生品合约免征香港印花税，因为它们不涉及股票的实物转让。在香港交易所交易的最受欢迎的衍生品包括认股权证（由公司发行）、可赎回牛熊合约（也由交易所以外的人发行的合约）和内联认股权证（旨在从指数稳定中获利的认股权证）。结构性衍生产品约占港交所2019年日均成交额的21%。可赎回牛/熊合约尤其受欢迎，占该金额的一半以上。</blockquote></p><p>Another major category of stamp duty-exempt products are pooled investments—those that are based on the value of an underlying basket of assets, such as exchange-traded funds (ETFs). Hong Kong lifted the stamp duty on all ETFs in 2015, to better compete with other global markets. Leveraged and inverse products are also included in this exemption. They seek to deliver a multiple (leveraged) or opposite (inverse) result of an index. For instance, when the Hang Seng Index gains 2%, a 2x leveraged product would aim for a 4% increase, while a 2x inverse product would target a 4% decrease. Without the stamp duty on these products, transaction cost analysis may reveal a more profitable trading strategy.</p><p><blockquote>另一个主要类别的印花税免税产品是集合投资——那些基于一篮子基础资产价值的投资，例如交易所交易基金（ETF）。香港于2015年取消了所有ETF的印花税，以更好地与其他全球市场竞争。杠杆和反向产品也包含在此豁免中。他们寻求提供指数的倍数（杠杆）或相反（反向）结果。例如，当恒生指数上涨2%时，2倍杠杆产品的目标是上涨4%，而2倍反向产品的目标是下跌4%。如果没有这些产品的印花税，交易成本分析可能会揭示更有利可图的交易策略。</blockquote></p><p><b>Effects of Stamp Duty on the Markets</b></p><p><blockquote><b>印花税对市场的影响</b></blockquote></p><p>In addition to trading strategies, the stamp duty has more widespread challenges for the Hong Kong market as a whole. Taxing all equities trades, including market making, can dampen overall liquidity. That in turn can impair price discovery and widen bid-ask spreads, adding to the risks of trading equities and their derivatives.</p><p><blockquote>除了交易策略，印花税对香港市场整体来说还有更广泛的挑战。对包括做市在内的所有股票交易征税可能会抑制整体流动性。这反过来会损害价格发现并扩大买卖价差，增加股票及其衍生品交易的风险。</blockquote></p><p></p><p>HKEX has added products to boost liquidity, with modest results. Despite initiatives in recent years, the average daily turnover for the exchange’s main board&nbsp;increased just 21%&nbsp;from December 2013 to December 2019. Improving liquidity was one of the key drivers of Hong Kong’s 2014 decision to embark on the&nbsp;Shanghai and Shenzhen Stock Connect&nbsp;programs with mainland China. Although northbound transactions on the Stock Connect are not subject to the Hong Kong stamp duty, sellers on the Stock Connect still pay an equal-sized 0.1% stamp duty to the mainland Chinese government.</p><p><blockquote>港交所增加产品以提振流动性，但成效不大。尽管近年来采取了一些举措，但从2013年12月到2019年12月，交易所主板的日均成交额仅增长了21%。改善流动性是香港2014年决定与中国内地启动沪深股通计划的关键驱动力之一。虽然港股通北向交易不征收香港印花税，但港股通卖家仍需向中国内地政府缴纳等额0.1%印花税。</blockquote></p><p>Stamp duties also tend to concentrate trading activity in a limited number of stocks, and in Hong Kong, the statistics bear that out. In 2019, turnover of the 20 most active stocks accounted for&nbsp;43% of all equities turnover. This makes access to liquidity on most securities harder to come by and increases spreads.</p><p><blockquote>印花税也倾向于将交易活动集中在有限数量的股票上，在香港，统计数据证实了这一点。2019年，20只最活跃股票的成交额占所有股票成交额的43%。这使得大多数证券更难获得流动性，并增加了利差。</blockquote></p><p>While the stamp duty’s effect on liquidity significantly impacts trading in Hong Kong, regional politics and global economics have heightened volatility in the market. Expanding to this region requires continued awareness to shifting liquidity and volatility in order to have the fullest picture of the challenges and opportunities of this market.</p><p><blockquote>虽然印花税对流动性的影响显著影响香港的交易，但地区政治和全球经济加剧了市场的波动。向该地区扩张需要持续了解流动性和波动性的变化，以便最全面地了解该市场的挑战和机遇。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.exegy.com/2020/04/hk-stamp-duty-stock-transfer/\">exegy</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00388":"香港交易所","HSCCI":"红筹指数","HSCEI":"国企指数"},"source_url":"https://www.exegy.com/2020/04/hk-stamp-duty-stock-transfer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191237890","content_text":"Notes:Hong Kong’s Financial Secretary Paul Chan proposes raising stamp duty on stock trading to 0.13%The Hong Kong government imposes a stamp duty on the value of all share transfers, which has a significant effect on the cost of trading on the Hong Kong Exchange (HKEX). The duty is the largest single fee paid in a securities transaction in Hong Kong, affecting not only transaction costs, but the Hong Kong market as a whole. So, planning for its impact is an important step before entering this market.Basics of the Stamp DutyStamp duties aren’t unique to Hong Kong–many governments impose financial transaction taxes, all with different rules and exemptions. Hong Kong’s duty applies to all stocks listed on the HKEX and all transfers of shares in Hong Kong-based companies. The stamp duty is currently set at 0.2% — 0.1% each from the buyer and the seller.Unlike duties in some other markets, Hong Kong’s stamp duty doesn’t differentiate between liquidity makers and takers. Dark pools, known in Hong Kong as “alternative liquidity pools,” are also subject to the stamp duty.Exchange participants are required to pay the stamp duty on behalf of their clients by 11 a.m. on the settlement date, which is the second trading day following the transaction date. The duty is paid electronically, and exchange participants must keep deposits on hand in a designated account based on their average daily turnover.Comparing the Duty with other Transaction FeesThe stamp duty makes up about 90% of all official transaction fees on the HKEX. Other fees include a Securities and Futures Commission levy of 0.0027% per side, an exchange fee of 0.005% per side, and a settlement fee of 0.002% per side (ranging from $2 to $100). For each trade, regardless of size, the seller must pay a $5.00 HKD transfer of deed stamp duty and the buyer must pay a $2.50 HKD transfer fee. For market-making, the exchange fee and SFC levy are waived.Although the stamp duty rate has been cut by two-thirds since the early 1990s, the Hong Kong government has resisted calls to repeal it, because of the city’s reliance on the revenues it generates. The government currently collects no sales or capital gains taxes, and stamp duties from share transfers made up 6% of total revenues in fiscal year 2017-2018.Therefore, firms trading in Hong Kong must continue to plan for how to minimize their liability from the duty. One way market participants have accomplished this is by leveraging its exemptions.Stamp Duty ExemptionsFirms can maximize trading opportunities without incurring stamp duties by trading in exempted products. The duty is levied only on transfers of shares, so cash-settled derivatives as well as ETFs and other index-based basket instruments are not taxed. In Hong Kong, traders rely heavily on these products, and this has made the Hong Kong Exchange the world’s largest trading center for securitized derivatives and the leading Asia-Pacific market for trading volume of ETF options.Derivative contracts are exempt from Hong Kong’s stamp duty since they don’t involve physical transfer of shares. Among the most popular derivatives trading on the HKEX are warrants (which are company-issued), callable bull/bear contracts (contracts also issued by someone other than the exchange), and inline warrants (warrants designed to profit on index stability). Structured derivative products made up about 21% of HKEX’s average daily turnover in 2019. Callable bull/bear contracts were particularly popular, accounting for more than half of that amount.Another major category of stamp duty-exempt products are pooled investments—those that are based on the value of an underlying basket of assets, such as exchange-traded funds (ETFs). Hong Kong lifted the stamp duty on all ETFs in 2015, to better compete with other global markets. Leveraged and inverse products are also included in this exemption. They seek to deliver a multiple (leveraged) or opposite (inverse) result of an index. For instance, when the Hang Seng Index gains 2%, a 2x leveraged product would aim for a 4% increase, while a 2x inverse product would target a 4% decrease. Without the stamp duty on these products, transaction cost analysis may reveal a more profitable trading strategy.Effects of Stamp Duty on the MarketsIn addition to trading strategies, the stamp duty has more widespread challenges for the Hong Kong market as a whole. Taxing all equities trades, including market making, can dampen overall liquidity. That in turn can impair price discovery and widen bid-ask spreads, adding to the risks of trading equities and their derivatives.HKEX has added products to boost liquidity, with modest results. Despite initiatives in recent years, the average daily turnover for the exchange’s main board increased just 21% from December 2013 to December 2019. Improving liquidity was one of the key drivers of Hong Kong’s 2014 decision to embark on the Shanghai and Shenzhen Stock Connect programs with mainland China. Although northbound transactions on the Stock Connect are not subject to the Hong Kong stamp duty, sellers on the Stock Connect still pay an equal-sized 0.1% stamp duty to the mainland Chinese government.Stamp duties also tend to concentrate trading activity in a limited number of stocks, and in Hong Kong, the statistics bear that out. In 2019, turnover of the 20 most active stocks accounted for 43% of all equities turnover. This makes access to liquidity on most securities harder to come by and increases spreads.While the stamp duty’s effect on liquidity significantly impacts trading in Hong Kong, regional politics and global economics have heightened volatility in the market. Expanding to this region requires continued awareness to shifting liquidity and volatility in order to have the fullest picture of the challenges and opportunities of this market.","news_type":1,"symbols_score_info":{"HSI":0.9,"HSCEI":0.9,"HSCCI":0.9,"00388":0.9}},"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360542860,"gmtCreate":1613959869550,"gmtModify":1634551766164,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"STONKS","listText":"STONKS","text":"STONKS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360542860","repostId":"1100960455","repostType":4,"repost":{"id":"1100960455","kind":"news","pubTimestamp":1613717993,"share":"https://www.laohu8.com/m/news/1100960455?lang=zh_CN&edition=full","pubTime":"2021-02-19 14:59","market":"us","language":"en","title":"Palantir: Buy The Dip<blockquote>Palantir：逢低买入</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100960455","media":"Seeking Alpha","summary":"Summary\n\nPalantir posted solid revenue, but missed on earnings. The future forecast was a bit disapp","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Palantir posted solid revenue, but missed on earnings. The future forecast was a bit disappointing.</li>  <li>Palantir is expecting 30% year-over-year revenue growth after posting 47% growth for 2020.</li>  <li>Palantir continues to grow its client base across multiple industries.</li>  <li>Palantir's lock-up period ends on February 19th. Place your bets!</li> </ul> One of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. (PLTR). Some investors were expecting the company was expected to release blowout earnings today and fell short of that. The company did post incredible revenue growth, and the path forward looks bright as well. However, investors were disappointed with just how bright that picture is according to the company. The stock is falling leading up to the end of the lock-up period as expected. Next week will tell a better story as to where this stock is headed. If you are feeling risky, jump aboard.</p><p><blockquote><ul><li>Palantir公布了稳健的收入，但未能实现盈利。未来的预测有点令人失望。</li><li>Palantir预计2020年收入将同比增长30%，此前预计2020年收入将增长47%。</li><li>Palantir继续扩大其在多个行业的客户群。</li><li>Palantir的锁定期于2月19日结束。下注吧！</li></ul>最近最热门的股票之一是最近直接上市的Palantir Technologies Inc.(PLTR)。一些投资者预计该公司今天将发布井喷式收益，但未能如愿。该公司确实实现了令人难以置信的收入增长，而且前进的道路看起来也很光明。然而，投资者对该公司表示的光明前景感到失望。正如预期的那样，在禁售期结束之前，该股正在下跌。下周将讲述一个更好的故事，说明这只股票的走向。如果你觉得有风险，就跳上船。</blockquote></p><p> <b>Who Are They?</b></p><p><blockquote><b>他们是谁？</b></blockquote></p><p> If you are like me, you likely had no idea who this company was or what they did. Well, Palantir Technologies Inc. has been around since 2003 and is headquartered in Denver, Colorado. In short,they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations.</p><p><blockquote>如果你和我一样，你可能不知道这家公司是谁，也不知道他们做什么。Palantir Technologies Inc.成立于2003年，总部位于科罗拉多州丹佛市。简而言之，他们为美国情报界构建和部署软件平台，以协助反恐调查和行动。</blockquote></p><p> Palantir Gothamis a software program that identifies patterns hidden deep within datasets. This helps execute real-world responses to threats that have been identified within the platform. This was used in the efforts to help those in need in hurricane Florence in 2018. Palantir Gothamcombined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest needand resources were deployed appropriately. More recently, they are providing the U.S. government with coronavirus tracking software.</p><p><blockquote>Palantir Gothamis是一个软件程序，可以识别隐藏在数据集中深处的模式。这有助于对平台内已识别的威胁执行真实世界的响应。这被用于帮助2018年佛罗伦萨飓风中有需要的人。Palantir Gotham将公开可用的洪水数据与天气信息和社会脆弱性普查数据相结合，以找到最需要的社区并适当部署资源。最近，他们向美国政府提供冠状病毒跟踪软件。</blockquote></p><p> The company also provides Palantir Foundry,a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.</p><p><blockquote>该公司还提供Palantir Foundry，这是一个通过为组织的数据创建中央操作系统来改变组织运营方式的平台；并允许个人用户在一个地方集成和分析他们需要的数据。</blockquote></p><p> Pretty cool hey?</p><p><blockquote>很酷嘿？</blockquote></p><p> <b>What Is Driving The Company?</b></p><p><blockquote><b>是什么推动了公司？</b></blockquote></p><p> Revenue. This is a growth play, plain and simple. Looking below we can see what is forecasted down the pipe. The missing block is 2020, which we found out todaywas $1.1 billion. That is a ~47% increase year-over-year. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. Often we consider 20% being strong, so that makes this look really good. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%.</p><p><blockquote>收入。这是一部成长剧，简单明了。往下看，我们可以看到未来的预测。缺失的区块是2020年，我们今天发现是11亿美元。同比增长约47%。展望未来，分析师预计年收入增长率将保持在35%以上。通常我们认为20%是强的，所以这看起来真的很好。第四季度，该公司营收为3.221亿美元，增长20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2926257ca97794e55159ce8c6021a745\" tg-width=\"2978\" tg-height=\"992\"></p><p><blockquote></blockquote></p><p> (Source: TIKR.com)</p><p><blockquote>（来源：TIKR.com）</blockquote></p><p> The shock came from theloss per share which totaled $0.08 versus the positive $0.02 consensus. The stock fell over 12% today on the earnings news. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Based on everything the company had put out in terms of news, which is nicely outlined inJohn Rhodes article : Palantir: Potential Q4 Revenue Blowoutmost people expected the revenue beat, but the action in the stock over the last week showed otherwise.</p><p><blockquote>令人震惊的是每股亏损总计0.08美元，而市场普遍预期为0.02美元。受财报消息影响，该股今天下跌超过12%。深入研究后，大多数投资者似乎对前瞻性预测感到失望。我个人认为他们有点沙袋，以消除共识，但时间会证明这有多真实。根据该公司发布的所有新闻，约翰·罗兹(John Rhodes)的文章对此进行了很好的概述：Palantir：潜在的第四季度收入井喷大多数人预计收入会超出预期，但该股上周的表现却并非如此。</blockquote></p><p> Data has become more relevant to the average person than ever before. The local news has all kinds of data on it when it comes to COVID-19.In 2020, Palantir helped 100 commercial organizations and 10 national governments respond to COVID-19. This has been a large opportunity for Palantir, and they have not squandered it. This response has helped earn thema 2-year contract for U.K. health services work worth $31.5 million. In the fourth quarter alone, the company signed21 deals worth more than $5 million. 12 of which were worth $10 million or more. Revenue growth will continue to be the future of Palantir.</p><p><blockquote>数据变得比以往任何时候都更加与普通人相关。当地新闻有各种各样关于新冠肺炎的数据。2020年，Palantir帮助100家商业组织和10个国家政府应对COVID-19。这对Palantir来说是一个巨大的机会，他们并没有浪费它。这一回应帮助thema赢得了价值3150万美元的为期两年的英国卫生服务工作合同。仅在第四季度，该公司就签署了21笔价值超过500万美元的交易。其中12个价值1000万美元或以上。收入增长将继续是Palantir的未来。</blockquote></p><p> Some of the best business going is government business. For the year, Palantir saw56% of their revenue or $610 million come from government contracts. While the commercial side saw higher year-over-year growth at 107%, a 77% increase in government-based revenue isn't anything to laugh at. One of the more impressive pieces was that we saw happen with the average customer.Revenue increased by 41% year-over-year. Up to $7.9 million per customer from $5.6 million. This is an important metric to keep an eye on as customers hand more and more business over to Palantir as they continue to develop and improve their systems. The other factor playing into this is Palantir pulling larger customers into the fold. The new customers acquired in 2020, generated $42 million in revenue.</p><p><blockquote>一些最好的业务是政府业务。今年，Palantir 56%的收入（即6.1亿美元）来自政府合同。虽然商业方面的同比增长高达107%，但政府收入增长77%并不是什么可笑的事情。更令人印象深刻的一件事是我们在普通客户身上看到的情况。收入同比增长41%。每位客户从560万美元增至790万美元。随着客户继续开发和改进其系统，将越来越多的业务移交给Palantir，这是一个需要关注的重要指标。另一个因素是Palantir吸引了更大的客户。2020年获得的新客户创造了4200万美元的收入。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9284f5fd3e26d0c55fcd9b2f6355371e\" tg-width=\"1752\" tg-height=\"983\"></p><p><blockquote></blockquote></p><p></p><p> (Company Presentation)</p><p><blockquote>（公司介绍）</blockquote></p><p> So all of this and we still sit down 12% today? As I mentioned above, it was the forward forecasts that people were a bit shocked at. Palantir said toexpect revenue growth in excess of 30% for 2021. This would be fantastic news for most companies, but after you just posted a 47% growth year, it is a bit saddening. But as I said, I think they are sandbagging a bit. Analysts are still projecting about a 35% increase for 2021. Something tells me they will outdo that as the year goes on. The company did state that they are targeting $4 billion in revenue by 2025, which carrying 30% per year growth from here will get you. I fully expect that number to creep closer to $5 billion based on current projections. Palantir is going after the \"big fish\" across multiple industries.8 of their customers fall into the Fortune 100, and 12 of the Global 100. As their products continue to develop and improve, their bottom line is only going to get better. I think there is a lot of room to run here in the long term.</p><p><blockquote>所以所有这些，我们今天仍然坐在12%？正如我上面提到的，人们对前瞻性预测感到有点震惊。Palantir表示，预计2021年收入增长将超过30%。对于大多数公司来说，这将是一个好消息，但在您刚刚公布了47%的增长年度之后，这有点令人难过。但正如我所说，我认为他们有点沙袋。分析师仍预计2021年将增长约35%。直觉告诉我，随着时间的推移，他们会超越这一目标。该公司确实表示，他们的目标是到2025年实现40亿美元的收入，从现在开始每年增长30%。根据目前的预测，我完全预计这个数字将接近50亿美元。Palantir正在追逐多个行业的“大鱼”。他们的客户中有8家属于财富100强，12家属于全球100强。随着他们产品的不断开发和改进，他们的底线只会越来越好。我认为从长远来看，这里有很大的发展空间。</blockquote></p><p> <b>What Are The Risks?</b></p><p><blockquote><b>有哪些风险？</b></blockquote></p><p> One of the up-and-coming risks is the lock-up period ending, which I will touch on below. Besides that, I will look at the government contracts. Yes, they are some of the most important, but that's not to say they come without risk. In the past, Palantir has said they need to focus more so on commercial customers to help the bottom line and to turn a profit (part of the reason for the earnings sell-off). As we can see, they have landed some big-time commercial clients, but that government aspect still exists.</p><p><blockquote>即将到来的风险之一是禁售期结束，我将在下面谈到这一点。除此之外，我会看看政府的合同。是的，它们是最重要的，但这并不是说它们没有风险。Palantir过去曾表示，他们需要更多地关注商业客户，以帮助盈利并扭亏为盈（这是盈利抛售的部分原因）。正如我们所看到的，他们已经获得了一些大型商业客户，但政府方面仍然存在。</blockquote></p><p> Something to keep in mind as well is that dealing with the government can lead to crossing some lines that some are not okay with. As reported by the Washington Post,in 2018, more than 200 employees signed a letter to CEO Alex Karp, citing concerns over a partnership with Immigration and Customs Enforcement. Multiple other big tech companies have been forced to cut ties with government agencies in the past over potential human rights violations.</p><p><blockquote>还要记住的是，与政府打交道可能会导致跨越一些人不同意的界限。据《华盛顿邮报》报道，2018年，200多名员工签署了一封致首席执行官亚历克斯·卡普的信，理由是对与移民和海关执法局合作的担忧。过去，其他多家大型科技公司因潜在侵犯人权而被迫切断与政府机构的联系。</blockquote></p><p> That said, I do really think the company will continue to do very well in the commercial sector and well reduce the overall government exposure overtime.</p><p><blockquote>也就是说，我确实认为该公司将继续在商业领域表现出色，并随着时间的推移减少整体政府风险。</blockquote></p><p> <b>What's The \"Lock-Up Period\"?</b></p><p><blockquote><b>什么是“禁售期”？</b></blockquote></p><p> The one concern many have had with Palantir is the lock-up period, which ends on February 19th (Friday). Typically, this is where we will see the lows kick in on IPO's that go this route, but it is not always the case.</p><p><blockquote>许多人对Palantir的一个担忧是锁定期，锁定期将于2月19日（星期五）结束。通常情况下，这是我们会看到走这条路线的IPO出现低点的地方，但情况并非总是如此。</blockquote></p><p>   Looking at 15 stocks that sawtheir lock-up periods expire in the first two weeks of October, the majority of shares started to fall in the days before the expiration date, prior to bouncing back three to five days afterwards. However, some saw virtually no selling pressure on the day and the share price immediately climbed once the lock-up had ended.  What is it? Well in short, instead of an IPO where new shares of the company are created and are underwritten by an intermediary, we have a Direct Listing. This is wherethe business sells shares directly to the public without the help of any intermediaries. It does not involve any underwriters or other intermediaries, there are no new shares issued. This means the largest shareholders in the business can only freely sell their shares after the IPO lock-up expiration. Spotify (SPOT) and Slack (WORK) are two examples of companies that went the Direct Listing route. That said, neither of these companies had lock-up periods for employees.</p><p><blockquote>从10月前两周锁定期到期的15只股票来看，大多数股票在到期日前几天开始下跌，三到五天后反弹。然而，一些人当天几乎没有抛售压力，锁定结束后股价立即攀升。这是什么？简而言之，我们不是通过首次公开募股（IPO）来创建公司的新股并由中介机构承销，而是直接上市。这是企业直接向公众出售股票的方式，无需任何中介机构的帮助。不涉及任何承销商或其他中介机构，不存在发行新股。这意味着该业务的最大股东只能在IPO禁售期到期后自由出售其股份。Spotify(SPOT)和Slack(WORK)是直接上市公司的两个例子。也就是说，这两家公司都没有员工锁定期。</blockquote></p><p> So what does this mean? Well, given thatMarketWatch said:</p><p><blockquote>那么这意味着什么呢？好吧，鉴于MarketWatch表示：</blockquote></p><p>   For Palantir, though, years of venture-capital investments have created more than enough shares to launch public trading: roughly 1.64 billion, though that grows to 2.17 billion in a fully diluted formula that includes vesting options.  It means that with roughly 497 million current outstanding shares, that we could see about 1.7 billion shares hit the market. Now that is not really likely, but what it does mean is that there should be less than average selling pressure on the stock considering the usually IPO accounts for 10% of shares released, while Palantir released over 20% based on the numbers provided above.</p><p><blockquote>不过，对于Palantir来说，多年的风险资本投资已经创造了足够的股票来启动公开交易：大约16.4亿股，尽管在包括归属期权在内的完全稀释公式中，这一数字将增长至21.7亿股。这意味着，目前流通股约为4.97亿股，我们可能会看到约17亿股上市。现在这种可能性不大，但这确实意味着，考虑到IPO通常占已发行股票的10%，而根据上面提供的数字，Palantir发行的股票超过20%，该股的抛售压力应该低于平均水平。</blockquote></p><p> Where are we now? Well as per the study quoted earlier, we are right on track. The stock is selling off in an orderly fashion right before the lock-up period ends. Now we have to wait and see what the rebound looks like. Or does everyone sell high and try and buy even lower? It is a bit of a wait-and-see. Let's take a look at what the technicals show us.</p><p><blockquote>我们现在在哪里？根据前面引用的研究，我们正走在正轨上。就在禁售期结束之前，该股正在有序抛售。现在我们必须拭目以待，看看反弹的情况如何。还是每个人都卖得很高，然后试图买得更低？这有点观望。让我们来看看技术向我们展示了什么。</blockquote></p><p> <b>What Does The Price Say?</b></p><p><blockquote><b>价格怎么说？</b></blockquote></p><p></p><p> Taking a quick peek at the technicals, we can see a couple of really strong support levels. Firstly, we broke through a pretty big one at $30 today and did so in a big way, which is a bit concerning in the short term, but there is potential for a quick bounce to re-test that $30 mark quickly. If these markets have taught us anything, it's that they can move quickly! In a normal case, this is probably where my stop would be. But have not had a position until today, the game changes a bit as I take on more risk.</p><p><blockquote>快速浏览一下技术面，我们可以看到几个非常强大的支撑位。首先，我们今天突破了30美元的一个相当大的水平，而且是以一种很大的方式突破的，这在短期内有点令人担忧，但有可能快速反弹以迅速重新测试30美元大关。如果说这些市场教会了我们什么，那就是它们可以快速行动！在正常情况下，这可能是我的停留点。但是直到今天我才有了头寸，随着我承担更多的风险，游戏发生了一些变化。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6b568bf73db2c1b38aaa1546a10427dc\" tg-width=\"3837\" tg-height=\"1813\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When a stock as popular as Palantir tanks like we saw today, one of two things happens. Either the dip gets bought up and this stock will fly back up to $40, or we see Palantir drop down to ~$23. Because the stock is so new, we really do not have a good gauge for support. Looking below we can see roughly where I am pulling $23 out of. This is a pretty substantial move from here yet. Would be about 20% to the downside. If $23 breaks, it could go even further south.</p><p><blockquote>当像Palantir这样受欢迎的股票像我们今天看到的那样下跌时，会发生两件事之一。要么逢低买入，这只股票将飞回40美元，要么我们看到Palantir跌至23美元左右。因为股票太新了，我们确实没有一个好的支撑指标。看下面，我们可以大致看到我从哪里提取了23美元。这是一个相当大的举措。大约会下降20%。如果突破23美元，它可能会进一步下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3e3505c465c407b7387cbedf16a1b233\" tg-width=\"3840\" tg-height=\"1808\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When trying to catch the bounce, you have to be prepared to average down. It is a totally different approach. Scale in, and scale-out.... all while knowing when to cut it loose. If you want to play this safe, watch for the bounce and try and get in then. I do think there will be a decent bounce that takes the stock back to $36-$40, but the question is when. This is not a long-term hold for me personally.</p><p><blockquote>当试图抓住反弹时，你必须做好平均下跌的准备。这是一种完全不同的方法。横向扩展和横向扩展....同时知道什么时候该放松。如果你想安全起见，留意反弹，然后试着进去。我确实认为该股会出现不错的反弹，回到36-40美元，但问题是什么时候。这对我个人来说不是长期持有的。</blockquote></p><p> <b>Wrap-Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> As you can see, there is a lot to like about the direction in which the company is headed. The valuation can always be debated, but at the end of the day, the value is whatever someone is willing to pay for it. Palantir is a revenue machine and it is not going to slow down. They are playing with the \"big fish\" and the revenue will follow as long as they can continue to deliver on their goals. I am currently long, but watching closely as the lock-up period ends this week. If you are going long, make sure to scale in over the next couple of days and place your bets for which way this goes next week. Stay safe out there!</p><p><blockquote>正如您所看到的，公司的发展方向有很多值得喜欢的地方。估值总是可以争论的，但归根结底，价值就是有人愿意为此付出的任何代价。Palantir是一台收入机器，而且不会放缓。他们在玩“大鱼”，只要他们能继续实现目标，收入就会随之而来。我目前做多，但密切关注本周禁售期结束。如果你打算做多，确保在接下来的几天里扩大规模，并为下周的走势下注。在外面注意安全！</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir: Buy The Dip<blockquote>Palantir：逢低买入</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir: Buy The Dip<blockquote>Palantir：逢低买入</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-02-19 14:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Palantir posted solid revenue, but missed on earnings. The future forecast was a bit disappointing.</li>  <li>Palantir is expecting 30% year-over-year revenue growth after posting 47% growth for 2020.</li>  <li>Palantir continues to grow its client base across multiple industries.</li>  <li>Palantir's lock-up period ends on February 19th. Place your bets!</li> </ul> One of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. (PLTR). Some investors were expecting the company was expected to release blowout earnings today and fell short of that. The company did post incredible revenue growth, and the path forward looks bright as well. However, investors were disappointed with just how bright that picture is according to the company. The stock is falling leading up to the end of the lock-up period as expected. Next week will tell a better story as to where this stock is headed. If you are feeling risky, jump aboard.</p><p><blockquote><ul><li>Palantir公布了稳健的收入，但未能实现盈利。未来的预测有点令人失望。</li><li>Palantir预计2020年收入将同比增长30%，此前预计2020年收入将增长47%。</li><li>Palantir继续扩大其在多个行业的客户群。</li><li>Palantir的锁定期于2月19日结束。下注吧！</li></ul>最近最热门的股票之一是最近直接上市的Palantir Technologies Inc.(PLTR)。一些投资者预计该公司今天将发布井喷式收益，但未能如愿。该公司确实实现了令人难以置信的收入增长，而且前进的道路看起来也很光明。然而，投资者对该公司表示的光明前景感到失望。正如预期的那样，在禁售期结束之前，该股正在下跌。下周将讲述一个更好的故事，说明这只股票的走向。如果你觉得有风险，就跳上船。</blockquote></p><p> <b>Who Are They?</b></p><p><blockquote><b>他们是谁？</b></blockquote></p><p> If you are like me, you likely had no idea who this company was or what they did. Well, Palantir Technologies Inc. has been around since 2003 and is headquartered in Denver, Colorado. In short,they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations.</p><p><blockquote>如果你和我一样，你可能不知道这家公司是谁，也不知道他们做什么。Palantir Technologies Inc.成立于2003年，总部位于科罗拉多州丹佛市。简而言之，他们为美国情报界构建和部署软件平台，以协助反恐调查和行动。</blockquote></p><p> Palantir Gothamis a software program that identifies patterns hidden deep within datasets. This helps execute real-world responses to threats that have been identified within the platform. This was used in the efforts to help those in need in hurricane Florence in 2018. Palantir Gothamcombined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest needand resources were deployed appropriately. More recently, they are providing the U.S. government with coronavirus tracking software.</p><p><blockquote>Palantir Gothamis是一个软件程序，可以识别隐藏在数据集中深处的模式。这有助于对平台内已识别的威胁执行真实世界的响应。这被用于帮助2018年佛罗伦萨飓风中有需要的人。Palantir Gotham将公开可用的洪水数据与天气信息和社会脆弱性普查数据相结合，以找到最需要的社区并适当部署资源。最近，他们向美国政府提供冠状病毒跟踪软件。</blockquote></p><p> The company also provides Palantir Foundry,a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.</p><p><blockquote>该公司还提供Palantir Foundry，这是一个通过为组织的数据创建中央操作系统来改变组织运营方式的平台；并允许个人用户在一个地方集成和分析他们需要的数据。</blockquote></p><p> Pretty cool hey?</p><p><blockquote>很酷嘿？</blockquote></p><p> <b>What Is Driving The Company?</b></p><p><blockquote><b>是什么推动了公司？</b></blockquote></p><p> Revenue. This is a growth play, plain and simple. Looking below we can see what is forecasted down the pipe. The missing block is 2020, which we found out todaywas $1.1 billion. That is a ~47% increase year-over-year. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. Often we consider 20% being strong, so that makes this look really good. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%.</p><p><blockquote>收入。这是一部成长剧，简单明了。往下看，我们可以看到未来的预测。缺失的区块是2020年，我们今天发现是11亿美元。同比增长约47%。展望未来，分析师预计年收入增长率将保持在35%以上。通常我们认为20%是强的，所以这看起来真的很好。第四季度，该公司营收为3.221亿美元，增长20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2926257ca97794e55159ce8c6021a745\" tg-width=\"2978\" tg-height=\"992\"></p><p><blockquote></blockquote></p><p> (Source: TIKR.com)</p><p><blockquote>（来源：TIKR.com）</blockquote></p><p> The shock came from theloss per share which totaled $0.08 versus the positive $0.02 consensus. The stock fell over 12% today on the earnings news. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Based on everything the company had put out in terms of news, which is nicely outlined inJohn Rhodes article : Palantir: Potential Q4 Revenue Blowoutmost people expected the revenue beat, but the action in the stock over the last week showed otherwise.</p><p><blockquote>令人震惊的是每股亏损总计0.08美元，而市场普遍预期为0.02美元。受财报消息影响，该股今天下跌超过12%。深入研究后，大多数投资者似乎对前瞻性预测感到失望。我个人认为他们有点沙袋，以消除共识，但时间会证明这有多真实。根据该公司发布的所有新闻，约翰·罗兹(John Rhodes)的文章对此进行了很好的概述：Palantir：潜在的第四季度收入井喷大多数人预计收入会超出预期，但该股上周的表现却并非如此。</blockquote></p><p> Data has become more relevant to the average person than ever before. The local news has all kinds of data on it when it comes to COVID-19.In 2020, Palantir helped 100 commercial organizations and 10 national governments respond to COVID-19. This has been a large opportunity for Palantir, and they have not squandered it. This response has helped earn thema 2-year contract for U.K. health services work worth $31.5 million. In the fourth quarter alone, the company signed21 deals worth more than $5 million. 12 of which were worth $10 million or more. Revenue growth will continue to be the future of Palantir.</p><p><blockquote>数据变得比以往任何时候都更加与普通人相关。当地新闻有各种各样关于新冠肺炎的数据。2020年，Palantir帮助100家商业组织和10个国家政府应对COVID-19。这对Palantir来说是一个巨大的机会，他们并没有浪费它。这一回应帮助thema赢得了价值3150万美元的为期两年的英国卫生服务工作合同。仅在第四季度，该公司就签署了21笔价值超过500万美元的交易。其中12个价值1000万美元或以上。收入增长将继续是Palantir的未来。</blockquote></p><p> Some of the best business going is government business. For the year, Palantir saw56% of their revenue or $610 million come from government contracts. While the commercial side saw higher year-over-year growth at 107%, a 77% increase in government-based revenue isn't anything to laugh at. One of the more impressive pieces was that we saw happen with the average customer.Revenue increased by 41% year-over-year. Up to $7.9 million per customer from $5.6 million. This is an important metric to keep an eye on as customers hand more and more business over to Palantir as they continue to develop and improve their systems. The other factor playing into this is Palantir pulling larger customers into the fold. The new customers acquired in 2020, generated $42 million in revenue.</p><p><blockquote>一些最好的业务是政府业务。今年，Palantir 56%的收入（即6.1亿美元）来自政府合同。虽然商业方面的同比增长高达107%，但政府收入增长77%并不是什么可笑的事情。更令人印象深刻的一件事是我们在普通客户身上看到的情况。收入同比增长41%。每位客户从560万美元增至790万美元。随着客户继续开发和改进其系统，将越来越多的业务移交给Palantir，这是一个需要关注的重要指标。另一个因素是Palantir吸引了更大的客户。2020年获得的新客户创造了4200万美元的收入。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9284f5fd3e26d0c55fcd9b2f6355371e\" tg-width=\"1752\" tg-height=\"983\"></p><p><blockquote></blockquote></p><p></p><p> (Company Presentation)</p><p><blockquote>（公司介绍）</blockquote></p><p> So all of this and we still sit down 12% today? As I mentioned above, it was the forward forecasts that people were a bit shocked at. Palantir said toexpect revenue growth in excess of 30% for 2021. This would be fantastic news for most companies, but after you just posted a 47% growth year, it is a bit saddening. But as I said, I think they are sandbagging a bit. Analysts are still projecting about a 35% increase for 2021. Something tells me they will outdo that as the year goes on. The company did state that they are targeting $4 billion in revenue by 2025, which carrying 30% per year growth from here will get you. I fully expect that number to creep closer to $5 billion based on current projections. Palantir is going after the \"big fish\" across multiple industries.8 of their customers fall into the Fortune 100, and 12 of the Global 100. As their products continue to develop and improve, their bottom line is only going to get better. I think there is a lot of room to run here in the long term.</p><p><blockquote>所以所有这些，我们今天仍然坐在12%？正如我上面提到的，人们对前瞻性预测感到有点震惊。Palantir表示，预计2021年收入增长将超过30%。对于大多数公司来说，这将是一个好消息，但在您刚刚公布了47%的增长年度之后，这有点令人难过。但正如我所说，我认为他们有点沙袋。分析师仍预计2021年将增长约35%。直觉告诉我，随着时间的推移，他们会超越这一目标。该公司确实表示，他们的目标是到2025年实现40亿美元的收入，从现在开始每年增长30%。根据目前的预测，我完全预计这个数字将接近50亿美元。Palantir正在追逐多个行业的“大鱼”。他们的客户中有8家属于财富100强，12家属于全球100强。随着他们产品的不断开发和改进，他们的底线只会越来越好。我认为从长远来看，这里有很大的发展空间。</blockquote></p><p> <b>What Are The Risks?</b></p><p><blockquote><b>有哪些风险？</b></blockquote></p><p> One of the up-and-coming risks is the lock-up period ending, which I will touch on below. Besides that, I will look at the government contracts. Yes, they are some of the most important, but that's not to say they come without risk. In the past, Palantir has said they need to focus more so on commercial customers to help the bottom line and to turn a profit (part of the reason for the earnings sell-off). As we can see, they have landed some big-time commercial clients, but that government aspect still exists.</p><p><blockquote>即将到来的风险之一是禁售期结束，我将在下面谈到这一点。除此之外，我会看看政府的合同。是的，它们是最重要的，但这并不是说它们没有风险。Palantir过去曾表示，他们需要更多地关注商业客户，以帮助盈利并扭亏为盈（这是盈利抛售的部分原因）。正如我们所看到的，他们已经获得了一些大型商业客户，但政府方面仍然存在。</blockquote></p><p> Something to keep in mind as well is that dealing with the government can lead to crossing some lines that some are not okay with. As reported by the Washington Post,in 2018, more than 200 employees signed a letter to CEO Alex Karp, citing concerns over a partnership with Immigration and Customs Enforcement. Multiple other big tech companies have been forced to cut ties with government agencies in the past over potential human rights violations.</p><p><blockquote>还要记住的是，与政府打交道可能会导致跨越一些人不同意的界限。据《华盛顿邮报》报道，2018年，200多名员工签署了一封致首席执行官亚历克斯·卡普的信，理由是对与移民和海关执法局合作的担忧。过去，其他多家大型科技公司因潜在侵犯人权而被迫切断与政府机构的联系。</blockquote></p><p> That said, I do really think the company will continue to do very well in the commercial sector and well reduce the overall government exposure overtime.</p><p><blockquote>也就是说，我确实认为该公司将继续在商业领域表现出色，并随着时间的推移减少整体政府风险。</blockquote></p><p> <b>What's The \"Lock-Up Period\"?</b></p><p><blockquote><b>什么是“禁售期”？</b></blockquote></p><p> The one concern many have had with Palantir is the lock-up period, which ends on February 19th (Friday). Typically, this is where we will see the lows kick in on IPO's that go this route, but it is not always the case.</p><p><blockquote>许多人对Palantir的一个担忧是锁定期，锁定期将于2月19日（星期五）结束。通常情况下，这是我们会看到走这条路线的IPO出现低点的地方，但情况并非总是如此。</blockquote></p><p>   Looking at 15 stocks that sawtheir lock-up periods expire in the first two weeks of October, the majority of shares started to fall in the days before the expiration date, prior to bouncing back three to five days afterwards. However, some saw virtually no selling pressure on the day and the share price immediately climbed once the lock-up had ended.  What is it? Well in short, instead of an IPO where new shares of the company are created and are underwritten by an intermediary, we have a Direct Listing. This is wherethe business sells shares directly to the public without the help of any intermediaries. It does not involve any underwriters or other intermediaries, there are no new shares issued. This means the largest shareholders in the business can only freely sell their shares after the IPO lock-up expiration. Spotify (SPOT) and Slack (WORK) are two examples of companies that went the Direct Listing route. That said, neither of these companies had lock-up periods for employees.</p><p><blockquote>从10月前两周锁定期到期的15只股票来看，大多数股票在到期日前几天开始下跌，三到五天后反弹。然而，一些人当天几乎没有抛售压力，锁定结束后股价立即攀升。这是什么？简而言之，我们不是通过首次公开募股（IPO）来创建公司的新股并由中介机构承销，而是直接上市。这是企业直接向公众出售股票的方式，无需任何中介机构的帮助。不涉及任何承销商或其他中介机构，不存在发行新股。这意味着该业务的最大股东只能在IPO禁售期到期后自由出售其股份。Spotify(SPOT)和Slack(WORK)是直接上市公司的两个例子。也就是说，这两家公司都没有员工锁定期。</blockquote></p><p> So what does this mean? Well, given thatMarketWatch said:</p><p><blockquote>那么这意味着什么呢？好吧，鉴于MarketWatch表示：</blockquote></p><p>   For Palantir, though, years of venture-capital investments have created more than enough shares to launch public trading: roughly 1.64 billion, though that grows to 2.17 billion in a fully diluted formula that includes vesting options.  It means that with roughly 497 million current outstanding shares, that we could see about 1.7 billion shares hit the market. Now that is not really likely, but what it does mean is that there should be less than average selling pressure on the stock considering the usually IPO accounts for 10% of shares released, while Palantir released over 20% based on the numbers provided above.</p><p><blockquote>不过，对于Palantir来说，多年的风险资本投资已经创造了足够的股票来启动公开交易：大约16.4亿股，尽管在包括归属期权在内的完全稀释公式中，这一数字将增长至21.7亿股。这意味着，目前流通股约为4.97亿股，我们可能会看到约17亿股上市。现在这种可能性不大，但这确实意味着，考虑到IPO通常占已发行股票的10%，而根据上面提供的数字，Palantir发行的股票超过20%，该股的抛售压力应该低于平均水平。</blockquote></p><p> Where are we now? Well as per the study quoted earlier, we are right on track. The stock is selling off in an orderly fashion right before the lock-up period ends. Now we have to wait and see what the rebound looks like. Or does everyone sell high and try and buy even lower? It is a bit of a wait-and-see. Let's take a look at what the technicals show us.</p><p><blockquote>我们现在在哪里？根据前面引用的研究，我们正走在正轨上。就在禁售期结束之前，该股正在有序抛售。现在我们必须拭目以待，看看反弹的情况如何。还是每个人都卖得很高，然后试图买得更低？这有点观望。让我们来看看技术向我们展示了什么。</blockquote></p><p> <b>What Does The Price Say?</b></p><p><blockquote><b>价格怎么说？</b></blockquote></p><p></p><p> Taking a quick peek at the technicals, we can see a couple of really strong support levels. Firstly, we broke through a pretty big one at $30 today and did so in a big way, which is a bit concerning in the short term, but there is potential for a quick bounce to re-test that $30 mark quickly. If these markets have taught us anything, it's that they can move quickly! In a normal case, this is probably where my stop would be. But have not had a position until today, the game changes a bit as I take on more risk.</p><p><blockquote>快速浏览一下技术面，我们可以看到几个非常强大的支撑位。首先，我们今天突破了30美元的一个相当大的水平，而且是以一种很大的方式突破的，这在短期内有点令人担忧，但有可能快速反弹以迅速重新测试30美元大关。如果说这些市场教会了我们什么，那就是它们可以快速行动！在正常情况下，这可能是我的停留点。但是直到今天我才有了头寸，随着我承担更多的风险，游戏发生了一些变化。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6b568bf73db2c1b38aaa1546a10427dc\" tg-width=\"3837\" tg-height=\"1813\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When a stock as popular as Palantir tanks like we saw today, one of two things happens. Either the dip gets bought up and this stock will fly back up to $40, or we see Palantir drop down to ~$23. Because the stock is so new, we really do not have a good gauge for support. Looking below we can see roughly where I am pulling $23 out of. This is a pretty substantial move from here yet. Would be about 20% to the downside. If $23 breaks, it could go even further south.</p><p><blockquote>当像Palantir这样受欢迎的股票像我们今天看到的那样下跌时，会发生两件事之一。要么逢低买入，这只股票将飞回40美元，要么我们看到Palantir跌至23美元左右。因为股票太新了，我们确实没有一个好的支撑指标。看下面，我们可以大致看到我从哪里提取了23美元。这是一个相当大的举措。大约会下降20%。如果突破23美元，它可能会进一步下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3e3505c465c407b7387cbedf16a1b233\" tg-width=\"3840\" tg-height=\"1808\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When trying to catch the bounce, you have to be prepared to average down. It is a totally different approach. Scale in, and scale-out.... all while knowing when to cut it loose. If you want to play this safe, watch for the bounce and try and get in then. I do think there will be a decent bounce that takes the stock back to $36-$40, but the question is when. This is not a long-term hold for me personally.</p><p><blockquote>当试图抓住反弹时，你必须做好平均下跌的准备。这是一种完全不同的方法。横向扩展和横向扩展....同时知道什么时候该放松。如果你想安全起见，留意反弹，然后试着进去。我确实认为该股会出现不错的反弹，回到36-40美元，但问题是什么时候。这对我个人来说不是长期持有的。</blockquote></p><p> <b>Wrap-Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> As you can see, there is a lot to like about the direction in which the company is headed. The valuation can always be debated, but at the end of the day, the value is whatever someone is willing to pay for it. Palantir is a revenue machine and it is not going to slow down. They are playing with the \"big fish\" and the revenue will follow as long as they can continue to deliver on their goals. I am currently long, but watching closely as the lock-up period ends this week. If you are going long, make sure to scale in over the next couple of days and place your bets for which way this goes next week. Stay safe out there!</p><p><blockquote>正如您所看到的，公司的发展方向有很多值得喜欢的地方。估值总是可以争论的，但归根结底，价值就是有人愿意为此付出的任何代价。Palantir是一台收入机器，而且不会放缓。他们在玩“大鱼”，只要他们能继续实现目标，收入就会随之而来。我目前做多，但密切关注本周禁售期结束。如果你打算做多，确保在接下来的几天里扩大规模，并为下周的走势下注。在外面注意安全！</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4406809-palantir-buy-the-dip\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4406809-palantir-buy-the-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100960455","content_text":"Summary\n\nPalantir posted solid revenue, but missed on earnings. The future forecast was a bit disappointing.\nPalantir is expecting 30% year-over-year revenue growth after posting 47% growth for 2020.\nPalantir continues to grow its client base across multiple industries.\nPalantir's lock-up period ends on February 19th. Place your bets!\n\nOne of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. (PLTR). Some investors were expecting the company was expected to release blowout earnings today and fell short of that. The company did post incredible revenue growth, and the path forward looks bright as well. However, investors were disappointed with just how bright that picture is according to the company. The stock is falling leading up to the end of the lock-up period as expected. Next week will tell a better story as to where this stock is headed. If you are feeling risky, jump aboard.\nWho Are They?\nIf you are like me, you likely had no idea who this company was or what they did. Well, Palantir Technologies Inc. has been around since 2003 and is headquartered in Denver, Colorado. In short,they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations.\nPalantir Gothamis a software program that identifies patterns hidden deep within datasets. This helps execute real-world responses to threats that have been identified within the platform. This was used in the efforts to help those in need in hurricane Florence in 2018. Palantir Gothamcombined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest needand resources were deployed appropriately. More recently, they are providing the U.S. government with coronavirus tracking software.\nThe company also provides Palantir Foundry,a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.\nPretty cool hey?\nWhat Is Driving The Company?\nRevenue. This is a growth play, plain and simple. Looking below we can see what is forecasted down the pipe. The missing block is 2020, which we found out todaywas $1.1 billion. That is a ~47% increase year-over-year. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. Often we consider 20% being strong, so that makes this look really good. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%.\n\n(Source: TIKR.com)\nThe shock came from theloss per share which totaled $0.08 versus the positive $0.02 consensus. The stock fell over 12% today on the earnings news. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Based on everything the company had put out in terms of news, which is nicely outlined inJohn Rhodes article : Palantir: Potential Q4 Revenue Blowoutmost people expected the revenue beat, but the action in the stock over the last week showed otherwise.\nData has become more relevant to the average person than ever before. The local news has all kinds of data on it when it comes to COVID-19.In 2020, Palantir helped 100 commercial organizations and 10 national governments respond to COVID-19. This has been a large opportunity for Palantir, and they have not squandered it. This response has helped earn thema 2-year contract for U.K. health services work worth $31.5 million. In the fourth quarter alone, the company signed21 deals worth more than $5 million. 12 of which were worth $10 million or more. Revenue growth will continue to be the future of Palantir.\nSome of the best business going is government business. For the year, Palantir saw56% of their revenue or $610 million come from government contracts. While the commercial side saw higher year-over-year growth at 107%, a 77% increase in government-based revenue isn't anything to laugh at. One of the more impressive pieces was that we saw happen with the average customer.Revenue increased by 41% year-over-year. Up to $7.9 million per customer from $5.6 million. This is an important metric to keep an eye on as customers hand more and more business over to Palantir as they continue to develop and improve their systems. The other factor playing into this is Palantir pulling larger customers into the fold. The new customers acquired in 2020, generated $42 million in revenue.\n\n(Company Presentation)\nSo all of this and we still sit down 12% today? As I mentioned above, it was the forward forecasts that people were a bit shocked at. Palantir said toexpect revenue growth in excess of 30% for 2021. This would be fantastic news for most companies, but after you just posted a 47% growth year, it is a bit saddening. But as I said, I think they are sandbagging a bit. Analysts are still projecting about a 35% increase for 2021. Something tells me they will outdo that as the year goes on. The company did state that they are targeting $4 billion in revenue by 2025, which carrying 30% per year growth from here will get you. I fully expect that number to creep closer to $5 billion based on current projections. Palantir is going after the \"big fish\" across multiple industries.8 of their customers fall into the Fortune 100, and 12 of the Global 100. As their products continue to develop and improve, their bottom line is only going to get better. I think there is a lot of room to run here in the long term.\nWhat Are The Risks?\nOne of the up-and-coming risks is the lock-up period ending, which I will touch on below. Besides that, I will look at the government contracts. Yes, they are some of the most important, but that's not to say they come without risk. In the past, Palantir has said they need to focus more so on commercial customers to help the bottom line and to turn a profit (part of the reason for the earnings sell-off). As we can see, they have landed some big-time commercial clients, but that government aspect still exists.\nSomething to keep in mind as well is that dealing with the government can lead to crossing some lines that some are not okay with. As reported by the Washington Post,in 2018, more than 200 employees signed a letter to CEO Alex Karp, citing concerns over a partnership with Immigration and Customs Enforcement. Multiple other big tech companies have been forced to cut ties with government agencies in the past over potential human rights violations.\nThat said, I do really think the company will continue to do very well in the commercial sector and well reduce the overall government exposure overtime.\nWhat's The \"Lock-Up Period\"?\nThe one concern many have had with Palantir is the lock-up period, which ends on February 19th (Friday). Typically, this is where we will see the lows kick in on IPO's that go this route, but it is not always the case.\n\n Looking at 15 stocks that sawtheir lock-up periods expire in the first two weeks of October, the majority of shares started to fall in the days before the expiration date, prior to bouncing back three to five days afterwards. However, some saw virtually no selling pressure on the day and the share price immediately climbed once the lock-up had ended.\n\nWhat is it? Well in short, instead of an IPO where new shares of the company are created and are underwritten by an intermediary, we have a Direct Listing. This is wherethe business sells shares directly to the public without the help of any intermediaries. It does not involve any underwriters or other intermediaries, there are no new shares issued. This means the largest shareholders in the business can only freely sell their shares after the IPO lock-up expiration. Spotify (SPOT) and Slack (WORK) are two examples of companies that went the Direct Listing route. That said, neither of these companies had lock-up periods for employees.\nSo what does this mean? Well, given thatMarketWatch said:\n\n For Palantir, though, years of venture-capital investments have created more than enough shares to launch public trading: roughly 1.64 billion, though that grows to 2.17 billion in a fully diluted formula that includes vesting options.\n\nIt means that with roughly 497 million current outstanding shares, that we could see about 1.7 billion shares hit the market. Now that is not really likely, but what it does mean is that there should be less than average selling pressure on the stock considering the usually IPO accounts for 10% of shares released, while Palantir released over 20% based on the numbers provided above.\nWhere are we now? Well as per the study quoted earlier, we are right on track. The stock is selling off in an orderly fashion right before the lock-up period ends. Now we have to wait and see what the rebound looks like. Or does everyone sell high and try and buy even lower? It is a bit of a wait-and-see. Let's take a look at what the technicals show us.\nWhat Does The Price Say?\nTaking a quick peek at the technicals, we can see a couple of really strong support levels. Firstly, we broke through a pretty big one at $30 today and did so in a big way, which is a bit concerning in the short term, but there is potential for a quick bounce to re-test that $30 mark quickly. If these markets have taught us anything, it's that they can move quickly! In a normal case, this is probably where my stop would be. But have not had a position until today, the game changes a bit as I take on more risk.\n\n(Source: TC2000.com)\nWhen a stock as popular as Palantir tanks like we saw today, one of two things happens. Either the dip gets bought up and this stock will fly back up to $40, or we see Palantir drop down to ~$23. Because the stock is so new, we really do not have a good gauge for support. Looking below we can see roughly where I am pulling $23 out of. This is a pretty substantial move from here yet. Would be about 20% to the downside. If $23 breaks, it could go even further south.\n\n(Source: TC2000.com)\nWhen trying to catch the bounce, you have to be prepared to average down. It is a totally different approach. Scale in, and scale-out.... all while knowing when to cut it loose. If you want to play this safe, watch for the bounce and try and get in then. I do think there will be a decent bounce that takes the stock back to $36-$40, but the question is when. This is not a long-term hold for me personally.\nWrap-Up\nAs you can see, there is a lot to like about the direction in which the company is headed. The valuation can always be debated, but at the end of the day, the value is whatever someone is willing to pay for it. Palantir is a revenue machine and it is not going to slow down. They are playing with the \"big fish\" and the revenue will follow as long as they can continue to deliver on their goals. I am currently long, but watching closely as the lock-up period ends this week. If you are going long, make sure to scale in over the next couple of days and place your bets for which way this goes next week. Stay safe out there!","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360983261,"gmtCreate":1613809924053,"gmtModify":1634552129959,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Dolla dolla","listText":"Dolla dolla","text":"Dolla dolla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360983261","repostId":"2112149478","repostType":4,"isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387900327,"gmtCreate":1613704916369,"gmtModify":1634552576337,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"GME pog","listText":"GME pog","text":"GME pog","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/387900327","repostId":"1185112339","repostType":4,"isVote":1,"tweetType":1,"viewCount":905,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384832987,"gmtCreate":1613637153549,"gmtModify":1634552850496,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572351171358811","authorIdStr":"3572351171358811"},"themes":[],"htmlText":"Noice","listText":"Noice","text":"Noice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384832987","repostId":"1124565484","repostType":4,"repost":{"id":"1124565484","kind":"news","pubTimestamp":1613631190,"share":"https://www.laohu8.com/m/news/1124565484?lang=zh_CN&edition=full","pubTime":"2021-02-18 14:53","market":"us","language":"en","title":"22 additional dividend stocks that Warren Buffett might consider buying<blockquote>沃伦·巴菲特可能考虑购买的22只额外股息股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1124565484","media":"MarketWatch","summary":"His Berkshire Hathaway conglomerate recently started buying shares of Verizon and Chevron — both hav","content":"<p><b>His Berkshire Hathaway conglomerate recently started buying shares of Verizon and Chevron — both have attractive dividend yields well-supported by expected cash flow.</b>A vote of confidence by Warren Buffett in a particular stock doesn’t mean you should jump on the bandwagon, but the Berkshire Hathaway CEO’s long-term track record speaks for itself. The man knows how to spot a bargain.</p><p><blockquote><b>他的伯克希尔哈撒韦集团最近开始购买威瑞森和雪佛龙的股票——这两家公司的股息收益率都很有吸引力，并得到了预期现金流的良好支持。</b>沃伦·巴菲特对某只股票投下信任票并不意味着你应该追随这一潮流，但这位伯克希尔·哈撒韦公司首席执行官的长期业绩记录不言而喻。这个人知道如何发现便宜货。</blockquote></p><p>Below is a screen of stocks inspired by Buffett’s two new picks that feature attractive dividend yields that are expected to be well-covered by free cash flow.</p><p><blockquote>下面是受巴菲特两只新精选股票启发的股票屏幕，这些股票具有有吸引力的股息收益率，预计自由现金流将充分覆盖。</blockquote></p><p>Word of Buffett’s new investment positions can send shares higher as other investors’ ears perk up. This happened after Berkshire Hathaway Inc.BRKdisclosed late Feb. 16 that it had purchased shares of Verizon Communications Inc.VZ.and Chevron Corp.CVX— two stocks with attractive dividend yields, one of which is cheaply priced when compared to the weighted valuation of the S&amp;P 500 IndexSPX.</p><p><blockquote>随着其他投资者的耳朵竖起来，巴菲特新投资头寸的消息可能会推高股价。此前，Berkshire Hathaway Inc.BRK于2月16日晚披露已购买Verizon Communications Inc.VZ和Chevron Corp.CVX的股票，这两只股票具有有吸引力的股息收益率，其中一只与加权估值相比定价较低标普500指数SPX。</blockquote></p><p>Shares of Verizon were up 3% in early trading Feb. 17, while Chevron was up 3.5%. With dividends reinvested, Verizon had declined 7% for 2021 through Feb. 16, following a flat performance in 2020. Chevron was up 1.5% early Feb. 17 and had already risen 12% for 2021 following a 26% decline in 2020. Oil is on the upswing as investors look ahead to life after the pandemic. West Texas Intermediate crude oilCRUDE OILhad risen 68% from the close on Oct. 31 through Feb. 16, when it settled at $60.05 a barrel.</p><p><blockquote>Verizon股价在2月17日早盘交易中上涨3%，雪佛龙股价上涨3.5%。随着股息再投资，Verizon继2020年业绩持平后，截至2月16日，2021年股价下跌了7%。雪佛龙2月17日早些时候上涨1.5%，继2020年下跌26%后，2021年已上涨12%。随着投资者展望大流行后的生活，油价正在上涨。西德克萨斯中质原油从10月31日收盘到2月16日收盘上涨了68%，最终收于每桶60.05美元。</blockquote></p><p>All of the following is based on closing prices Feb. 16 and consensus estimates among analysts polled by FactSet for the next 12 months.</p><p><blockquote>以下所有内容均基于2月16日的收盘价以及FactSet调查的分析师对未来12个月的一致预期。</blockquote></p><p>Verizon’s stock trades at a forward price-to-earnings ratio of 10.7, compared to a weighted aggregate forward P/E of 22.5 for the S&amp;P 500. The shares have a dividend yield of 4.64%.</p><p><blockquote>Verizon股票的预期市盈率为10.7，而标普500的加权总预期市盈率为22.5。该股的股息率为4.64%。</blockquote></p><p>One way to gauge a company’s ability to cover its dividend (and hopefully raise it) is to look at its free cash flow, which is its remaining cash flow after planned capital expenditures. This is money that can be used for any corporate purpose, including expansion, share repurchases or dividend increases. We can measure a company’s free cash flow yield by dividing trailing or estimated free cash flow by the current share price. Because of the disruptions to the U.S. economy in 2020, all the free cash flow yields that follow make use of consensus estimates for the next 12 reported months.</p><p><blockquote>衡量公司支付股息（并希望提高股息）能力的一种方法是查看其自由现金流，即计划资本支出后的剩余现金流。这笔钱可用于任何公司目的，包括扩张、股票回购或增加股息。我们可以通过将跟踪或估计的自由现金流除以当前股价来衡量公司的自由现金流收益率。由于2020年美国经济受到干扰，随后的所有自由现金流收益率均采用未来12个报告月的共识估计。</blockquote></p><p>Verizion’s forward free cash flow yield is 8.97%, showing “headroom” of 4.34% over the current dividend.</p><p><blockquote>Verizion的远期自由现金流收益率为8.97%，比当前股息有4.34%的“净空”。</blockquote></p><p>Chevron’s stock trades at a forward P/E ratio of 24.8, which is higher than that of the S&amp;P 500. Then again, 2021 is expected to be a recovery year for oil and natural gas, and analysts’ earnings estimates may not have caught up with rising fuel commodity prices. Chevron’s dividend yield is 5.54% and its forward free cash flow yield is 7.99%, leaving “headroom” of 2.45%.</p><p><blockquote>雪佛龙股票的远期市盈率为24.8，高于标普500。话又说回来，预计2021年将是石油和天然气的复苏年，分析师的盈利预期可能没有赶上燃料大宗商品价格的上涨。雪佛龙的股息收益率为5.54%，远期自由现金流收益率为7.99%，还有2.45%的“净空”。</blockquote></p><p>None of this is to say that Buffett is overly fixated on stocks with high dividend yields. He isn’t. Among the publicly traded holdings the company disclosed Feb. 16, there are plenty of companies that pay no dividends, including Amazon.com Inc.AMZN,Biogen Inc.BIIB,Charter Communications Inc.CHTRand General Motors Co.GM,which suspended its quarterly dividend in April.</p><p><blockquote>这并不是说巴菲特过度关注高股息收益率的股票。他不是。在该公司2月16日披露的公开交易持股中，有很多公司不支付股息，包括亚马逊公司（AMZN）、百健公司（Biogen Inc.BIIB）、Charter Communications Inc.CHTRand通用汽车公司（General Motors Co.GM），后者暂停了季度股息。四月。</blockquote></p><p><b>A Buffett dividend stock screen</b></p><p><blockquote><b>巴菲特股息股票屏幕</b></blockquote></p><p>Working from Buffett’s selections of Verizon and Chevron and excluding stocks Berkshire Hathaway doesn’t already hold, here are the 22 stocks among the S&amp;P 500 with dividend yields of at least 4.00%, for which free cash flow estimates for calendar 2021 are available, with headroom indicated. The list is sorted by dividend yield.</p><p><blockquote>根据巴菲特选择的Verizon和Chevron并排除Berkshire Hathaway尚未持有的股票，以下是标普500中股息收益率至少为4.00%的22只股票，可获得2021年的自由现金流估计，并有净空指示。该列表按股息收益率排序。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fc941b397e252f4198fa8bb425fa2bbb\" tg-width=\"666\" tg-height=\"762\" referrerpolicy=\"no-referrer\">Scroll the table to see all the data, including forward P/E ratios and total returns for 2021 and 2020.</p><p><blockquote>滚动表格查看所有数据，包括2021年和2020年的远期市盈率和总回报。</blockquote></p><p>For real estate investment trusts, the industry standard for measuring dividend-paying ability is funds from operations, a non-GAAP figure that adds depreciation and amortization back to earnings and subtracts gains on the sale of property. So forward FFO estimates are used in the “estimated FCF yield” column on the table.</p><p><blockquote>对于房地产投资信托基金来说，衡量股息支付能力的行业标准是运营资金，这是一个非公认会计准则数字，将折旧和摊销加回收益中，并减去出售财产的收益。因此，表中的“估计FCF收益率”栏中使用了远期FFO估计值。</blockquote></p><p>The list excludes four stocks already held by Berkshire Hathaway — Verizon, Chevron and two more:</p><p><blockquote>该名单不包括伯克希尔哈撒韦公司已持有的四只股票——威瑞森、雪佛龙和另外两只股票：</blockquote></p><p></p><p><ul><li>AbbVie Inc.ABBVhas a dividend yield of 4.99%, with a forward free cash flow yield of 10.54% for headroom of 5.55%.</li><li>Kraft Heinz Co.KHChas a dividend yield of 4.52% and a forward free cash flow yield of 7.59% for headroom of 3.06%. The company cut its dividend by more than a third in February 2019.</li></ul>A high dividend yield might indicate investors are sour on the company’s business prospects or its ability to maintain the dividend over the long term, despite a high FCF yield. For example, the highest-yielding stock on the list is Lumen Technologies Inc.LUMN,which was CenturyLink before it was renamed in September. The dividend yield is 8.48%. CenturyLinkcut its quarterly dividend by 26% on the same day it authorized a $2 billion stock repurchase planin February 2013. The company’s quarterly dividend remained 54 cents a share until it wascut to the current 25 cents a sharein February 2019. For five years through Feb. 16, shares of Lumen/CenturyLink were down 34%, with dividends reinvested, while they were down 38% for 10 years.</p><p><blockquote><ul><li>艾伯维公司ABBV的股息收益率为4.99%，远期自由现金流收益率为10.54%，净空为5.55%。</li><li>卡夫亨氏公司KHChas的股息收益率为4.52%，远期自由现金流收益率为7.59%，净空为3.06%。该公司于2019年2月将股息削减了三分之一以上。</li></ul>高股息收益率可能表明投资者对公司的业务前景或其长期维持股息的能力感到不满，尽管自由现金流收益率很高。例如，榜单上收益率最高的股票是Lumen Technologies Inc.LUMN，该公司在9月份更名之前是CenturyLink。股息率为8.48%。CenturyLink在2013年2月授权20亿美元股票回购计划的同一天，将季度股息削减了26%。该公司的季度股息仍为每股54美分，直到2019年2月削减至目前的每股25美分。截至2月16日的五年里，Lumen/CenturyLink的股价在股息再投资后下跌了34%，而10年来股价下跌了38%。</blockquote></p><p>Other companies on the list that have cut dividends over the past 10 years include Williams Cos.WMB,Kinder Morgan Inc.KMI,Vornado Realty TrustVNOand Simon Property Group Inc.SPG,which reduced its payout by 38% in June.</p><p><blockquote>名单上其他在过去10年中削减股息的公司包括Williams Cos.WMB、Kinder Morgan Inc.KMI、Vornado Realty TrustVNO和Simon Property Group Inc.SPG，后者在6月份将派息减少了38%。</blockquote></p><p>All of this emphasizes the importance of doing your own research to form your own opinion about a company’s long-term prospects if you see any stocks of interest here.</p><p><blockquote>所有这些都强调了如果您在这里看到任何感兴趣的股票，请进行自己的研究以形成自己对公司长期前景的看法的重要性。</blockquote></p><p>Aside from CenturyLink, the stock listed above with the lowest forward P/E valuation is AT&amp;T Inc.T,with a dividend yield of 7.18% and P/E of 9.2, followed by Pfizer Inc.PFE,with a yield of 4.50% and forward P/E of 10.3.</p><p><blockquote>除了CenturyLink之外，上面列出的远期市盈率估值最低的股票是AT&amp;T Inc.T，股息收益率为7.18%，市盈率为9.2，其次是辉瑞Inc.PFE，收益率为4.50%，远期市盈率为10.3。</blockquote></p><p></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>22 additional dividend stocks that Warren Buffett might consider buying<blockquote>沃伦·巴菲特可能考虑购买的22只额外股息股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n22 additional dividend stocks that Warren Buffett might consider buying<blockquote>沃伦·巴菲特可能考虑购买的22只额外股息股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-18 14:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>His Berkshire Hathaway conglomerate recently started buying shares of Verizon and Chevron — both have attractive dividend yields well-supported by expected cash flow.</b>A vote of confidence by Warren Buffett in a particular stock doesn’t mean you should jump on the bandwagon, but the Berkshire Hathaway CEO’s long-term track record speaks for itself. The man knows how to spot a bargain.</p><p><blockquote><b>他的伯克希尔哈撒韦集团最近开始购买威瑞森和雪佛龙的股票——这两家公司的股息收益率都很有吸引力，并得到了预期现金流的良好支持。</b>沃伦·巴菲特对某只股票投下信任票并不意味着你应该追随这一潮流，但这位伯克希尔·哈撒韦公司首席执行官的长期业绩记录不言而喻。这个人知道如何发现便宜货。</blockquote></p><p>Below is a screen of stocks inspired by Buffett’s two new picks that feature attractive dividend yields that are expected to be well-covered by free cash flow.</p><p><blockquote>下面是受巴菲特两只新精选股票启发的股票屏幕，这些股票具有有吸引力的股息收益率，预计自由现金流将充分覆盖。</blockquote></p><p>Word of Buffett’s new investment positions can send shares higher as other investors’ ears perk up. This happened after Berkshire Hathaway Inc.BRKdisclosed late Feb. 16 that it had purchased shares of Verizon Communications Inc.VZ.and Chevron Corp.CVX— two stocks with attractive dividend yields, one of which is cheaply priced when compared to the weighted valuation of the S&amp;P 500 IndexSPX.</p><p><blockquote>随着其他投资者的耳朵竖起来，巴菲特新投资头寸的消息可能会推高股价。此前，Berkshire Hathaway Inc.BRK于2月16日晚披露已购买Verizon Communications Inc.VZ和Chevron Corp.CVX的股票，这两只股票具有有吸引力的股息收益率，其中一只与加权估值相比定价较低标普500指数SPX。</blockquote></p><p>Shares of Verizon were up 3% in early trading Feb. 17, while Chevron was up 3.5%. With dividends reinvested, Verizon had declined 7% for 2021 through Feb. 16, following a flat performance in 2020. Chevron was up 1.5% early Feb. 17 and had already risen 12% for 2021 following a 26% decline in 2020. Oil is on the upswing as investors look ahead to life after the pandemic. West Texas Intermediate crude oilCRUDE OILhad risen 68% from the close on Oct. 31 through Feb. 16, when it settled at $60.05 a barrel.</p><p><blockquote>Verizon股价在2月17日早盘交易中上涨3%，雪佛龙股价上涨3.5%。随着股息再投资，Verizon继2020年业绩持平后，截至2月16日，2021年股价下跌了7%。雪佛龙2月17日早些时候上涨1.5%，继2020年下跌26%后，2021年已上涨12%。随着投资者展望大流行后的生活，油价正在上涨。西德克萨斯中质原油从10月31日收盘到2月16日收盘上涨了68%，最终收于每桶60.05美元。</blockquote></p><p>All of the following is based on closing prices Feb. 16 and consensus estimates among analysts polled by FactSet for the next 12 months.</p><p><blockquote>以下所有内容均基于2月16日的收盘价以及FactSet调查的分析师对未来12个月的一致预期。</blockquote></p><p>Verizon’s stock trades at a forward price-to-earnings ratio of 10.7, compared to a weighted aggregate forward P/E of 22.5 for the S&amp;P 500. The shares have a dividend yield of 4.64%.</p><p><blockquote>Verizon股票的预期市盈率为10.7，而标普500的加权总预期市盈率为22.5。该股的股息率为4.64%。</blockquote></p><p>One way to gauge a company’s ability to cover its dividend (and hopefully raise it) is to look at its free cash flow, which is its remaining cash flow after planned capital expenditures. This is money that can be used for any corporate purpose, including expansion, share repurchases or dividend increases. We can measure a company’s free cash flow yield by dividing trailing or estimated free cash flow by the current share price. Because of the disruptions to the U.S. economy in 2020, all the free cash flow yields that follow make use of consensus estimates for the next 12 reported months.</p><p><blockquote>衡量公司支付股息（并希望提高股息）能力的一种方法是查看其自由现金流，即计划资本支出后的剩余现金流。这笔钱可用于任何公司目的，包括扩张、股票回购或增加股息。我们可以通过将跟踪或估计的自由现金流除以当前股价来衡量公司的自由现金流收益率。由于2020年美国经济受到干扰，随后的所有自由现金流收益率均采用未来12个报告月的共识估计。</blockquote></p><p>Verizion’s forward free cash flow yield is 8.97%, showing “headroom” of 4.34% over the current dividend.</p><p><blockquote>Verizion的远期自由现金流收益率为8.97%，比当前股息有4.34%的“净空”。</blockquote></p><p>Chevron’s stock trades at a forward P/E ratio of 24.8, which is higher than that of the S&amp;P 500. Then again, 2021 is expected to be a recovery year for oil and natural gas, and analysts’ earnings estimates may not have caught up with rising fuel commodity prices. Chevron’s dividend yield is 5.54% and its forward free cash flow yield is 7.99%, leaving “headroom” of 2.45%.</p><p><blockquote>雪佛龙股票的远期市盈率为24.8，高于标普500。话又说回来，预计2021年将是石油和天然气的复苏年，分析师的盈利预期可能没有赶上燃料大宗商品价格的上涨。雪佛龙的股息收益率为5.54%，远期自由现金流收益率为7.99%，还有2.45%的“净空”。</blockquote></p><p>None of this is to say that Buffett is overly fixated on stocks with high dividend yields. He isn’t. Among the publicly traded holdings the company disclosed Feb. 16, there are plenty of companies that pay no dividends, including Amazon.com Inc.AMZN,Biogen Inc.BIIB,Charter Communications Inc.CHTRand General Motors Co.GM,which suspended its quarterly dividend in April.</p><p><blockquote>这并不是说巴菲特过度关注高股息收益率的股票。他不是。在该公司2月16日披露的公开交易持股中，有很多公司不支付股息，包括亚马逊公司（AMZN）、百健公司（Biogen Inc.BIIB）、Charter Communications Inc.CHTRand通用汽车公司（General Motors Co.GM），后者暂停了季度股息。四月。</blockquote></p><p><b>A Buffett dividend stock screen</b></p><p><blockquote><b>巴菲特股息股票屏幕</b></blockquote></p><p>Working from Buffett’s selections of Verizon and Chevron and excluding stocks Berkshire Hathaway doesn’t already hold, here are the 22 stocks among the S&amp;P 500 with dividend yields of at least 4.00%, for which free cash flow estimates for calendar 2021 are available, with headroom indicated. The list is sorted by dividend yield.</p><p><blockquote>根据巴菲特选择的Verizon和Chevron并排除Berkshire Hathaway尚未持有的股票，以下是标普500中股息收益率至少为4.00%的22只股票，可获得2021年的自由现金流估计，并有净空指示。该列表按股息收益率排序。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fc941b397e252f4198fa8bb425fa2bbb\" tg-width=\"666\" tg-height=\"762\" referrerpolicy=\"no-referrer\">Scroll the table to see all the data, including forward P/E ratios and total returns for 2021 and 2020.</p><p><blockquote>滚动表格查看所有数据，包括2021年和2020年的远期市盈率和总回报。</blockquote></p><p>For real estate investment trusts, the industry standard for measuring dividend-paying ability is funds from operations, a non-GAAP figure that adds depreciation and amortization back to earnings and subtracts gains on the sale of property. So forward FFO estimates are used in the “estimated FCF yield” column on the table.</p><p><blockquote>对于房地产投资信托基金来说，衡量股息支付能力的行业标准是运营资金，这是一个非公认会计准则数字，将折旧和摊销加回收益中，并减去出售财产的收益。因此，表中的“估计FCF收益率”栏中使用了远期FFO估计值。</blockquote></p><p>The list excludes four stocks already held by Berkshire Hathaway — Verizon, Chevron and two more:</p><p><blockquote>该名单不包括伯克希尔哈撒韦公司已持有的四只股票——威瑞森、雪佛龙和另外两只股票：</blockquote></p><p></p><p><ul><li>AbbVie Inc.ABBVhas a dividend yield of 4.99%, with a forward free cash flow yield of 10.54% for headroom of 5.55%.</li><li>Kraft Heinz Co.KHChas a dividend yield of 4.52% and a forward free cash flow yield of 7.59% for headroom of 3.06%. The company cut its dividend by more than a third in February 2019.</li></ul>A high dividend yield might indicate investors are sour on the company’s business prospects or its ability to maintain the dividend over the long term, despite a high FCF yield. For example, the highest-yielding stock on the list is Lumen Technologies Inc.LUMN,which was CenturyLink before it was renamed in September. The dividend yield is 8.48%. CenturyLinkcut its quarterly dividend by 26% on the same day it authorized a $2 billion stock repurchase planin February 2013. The company’s quarterly dividend remained 54 cents a share until it wascut to the current 25 cents a sharein February 2019. For five years through Feb. 16, shares of Lumen/CenturyLink were down 34%, with dividends reinvested, while they were down 38% for 10 years.</p><p><blockquote><ul><li>艾伯维公司ABBV的股息收益率为4.99%，远期自由现金流收益率为10.54%，净空为5.55%。</li><li>卡夫亨氏公司KHChas的股息收益率为4.52%，远期自由现金流收益率为7.59%，净空为3.06%。该公司于2019年2月将股息削减了三分之一以上。</li></ul>高股息收益率可能表明投资者对公司的业务前景或其长期维持股息的能力感到不满，尽管自由现金流收益率很高。例如，榜单上收益率最高的股票是Lumen Technologies Inc.LUMN，该公司在9月份更名之前是CenturyLink。股息率为8.48%。CenturyLink在2013年2月授权20亿美元股票回购计划的同一天，将季度股息削减了26%。该公司的季度股息仍为每股54美分，直到2019年2月削减至目前的每股25美分。截至2月16日的五年里，Lumen/CenturyLink的股价在股息再投资后下跌了34%，而10年来股价下跌了38%。</blockquote></p><p>Other companies on the list that have cut dividends over the past 10 years include Williams Cos.WMB,Kinder Morgan Inc.KMI,Vornado Realty TrustVNOand Simon Property Group Inc.SPG,which reduced its payout by 38% in June.</p><p><blockquote>名单上其他在过去10年中削减股息的公司包括Williams Cos.WMB、Kinder Morgan Inc.KMI、Vornado Realty TrustVNO和Simon Property Group Inc.SPG，后者在6月份将派息减少了38%。</blockquote></p><p>All of this emphasizes the importance of doing your own research to form your own opinion about a company’s long-term prospects if you see any stocks of interest here.</p><p><blockquote>所有这些都强调了如果您在这里看到任何感兴趣的股票，请进行自己的研究以形成自己对公司长期前景的看法的重要性。</blockquote></p><p>Aside from CenturyLink, the stock listed above with the lowest forward P/E valuation is AT&amp;T Inc.T,with a dividend yield of 7.18% and P/E of 9.2, followed by Pfizer Inc.PFE,with a yield of 4.50% and forward P/E of 10.3.</p><p><blockquote>除了CenturyLink之外，上面列出的远期市盈率估值最低的股票是AT&amp;T Inc.T，股息收益率为7.18%，市盈率为9.2，其次是辉瑞Inc.PFE，收益率为4.50%，远期市盈率为10.3。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/22-additional-dividend-stocks-that-warren-buffett-might-consider-buying-11613579442?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O":"Realty Income Corp","OKE":"欧尼克（万欧卡）","DOW":"陶氏化学","FRT":"FRT信托","BXP":"BXP Inc","T":"At&T","KMI":"金德尔摩根","VNO":"沃那多房信","IRM":"爱恩铁山","IP":"国际纸业","REG":"Regency Centers Corp","PFE":"辉瑞","SPG":"西蒙地产","SLG":"SL Green Realty Corp","LUMN":"Lumen Technologies","IPG":"埃培智","LYB":"利安德巴塞尔","PSX":"Phillips 66","WMB":"威廉姆斯","MPC":"马拉松原油","AMCR":"AMCOR PLC"},"source_url":"https://www.marketwatch.com/story/22-additional-dividend-stocks-that-warren-buffett-might-consider-buying-11613579442?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1124565484","content_text":"His Berkshire Hathaway conglomerate recently started buying shares of Verizon and Chevron — both have attractive dividend yields well-supported by expected cash flow.A vote of confidence by Warren Buffett in a particular stock doesn’t mean you should jump on the bandwagon, but the Berkshire Hathaway CEO’s long-term track record speaks for itself. The man knows how to spot a bargain.Below is a screen of stocks inspired by Buffett’s two new picks that feature attractive dividend yields that are expected to be well-covered by free cash flow.Word of Buffett’s new investment positions can send shares higher as other investors’ ears perk up. This happened after Berkshire Hathaway Inc.BRKdisclosed late Feb. 16 that it had purchased shares of Verizon Communications Inc.VZ.and Chevron Corp.CVX— two stocks with attractive dividend yields, one of which is cheaply priced when compared to the weighted valuation of the S&P 500 IndexSPX.Shares of Verizon were up 3% in early trading Feb. 17, while Chevron was up 3.5%. With dividends reinvested, Verizon had declined 7% for 2021 through Feb. 16, following a flat performance in 2020. Chevron was up 1.5% early Feb. 17 and had already risen 12% for 2021 following a 26% decline in 2020. Oil is on the upswing as investors look ahead to life after the pandemic. West Texas Intermediate crude oilCRUDE OILhad risen 68% from the close on Oct. 31 through Feb. 16, when it settled at $60.05 a barrel.All of the following is based on closing prices Feb. 16 and consensus estimates among analysts polled by FactSet for the next 12 months.Verizon’s stock trades at a forward price-to-earnings ratio of 10.7, compared to a weighted aggregate forward P/E of 22.5 for the S&P 500. The shares have a dividend yield of 4.64%.One way to gauge a company’s ability to cover its dividend (and hopefully raise it) is to look at its free cash flow, which is its remaining cash flow after planned capital expenditures. This is money that can be used for any corporate purpose, including expansion, share repurchases or dividend increases. We can measure a company’s free cash flow yield by dividing trailing or estimated free cash flow by the current share price. Because of the disruptions to the U.S. economy in 2020, all the free cash flow yields that follow make use of consensus estimates for the next 12 reported months.Verizion’s forward free cash flow yield is 8.97%, showing “headroom” of 4.34% over the current dividend.Chevron’s stock trades at a forward P/E ratio of 24.8, which is higher than that of the S&P 500. Then again, 2021 is expected to be a recovery year for oil and natural gas, and analysts’ earnings estimates may not have caught up with rising fuel commodity prices. Chevron’s dividend yield is 5.54% and its forward free cash flow yield is 7.99%, leaving “headroom” of 2.45%.None of this is to say that Buffett is overly fixated on stocks with high dividend yields. He isn’t. Among the publicly traded holdings the company disclosed Feb. 16, there are plenty of companies that pay no dividends, including Amazon.com Inc.AMZN,Biogen Inc.BIIB,Charter Communications Inc.CHTRand General Motors Co.GM,which suspended its quarterly dividend in April.A Buffett dividend stock screenWorking from Buffett’s selections of Verizon and Chevron and excluding stocks Berkshire Hathaway doesn’t already hold, here are the 22 stocks among the S&P 500 with dividend yields of at least 4.00%, for which free cash flow estimates for calendar 2021 are available, with headroom indicated. The list is sorted by dividend yield.Scroll the table to see all the data, including forward P/E ratios and total returns for 2021 and 2020.For real estate investment trusts, the industry standard for measuring dividend-paying ability is funds from operations, a non-GAAP figure that adds depreciation and amortization back to earnings and subtracts gains on the sale of property. So forward FFO estimates are used in the “estimated FCF yield” column on the table.The list excludes four stocks already held by Berkshire Hathaway — Verizon, Chevron and two more:AbbVie Inc.ABBVhas a dividend yield of 4.99%, with a forward free cash flow yield of 10.54% for headroom of 5.55%.Kraft Heinz Co.KHChas a dividend yield of 4.52% and a forward free cash flow yield of 7.59% for headroom of 3.06%. The company cut its dividend by more than a third in February 2019.A high dividend yield might indicate investors are sour on the company’s business prospects or its ability to maintain the dividend over the long term, despite a high FCF yield. For example, the highest-yielding stock on the list is Lumen Technologies Inc.LUMN,which was CenturyLink before it was renamed in September. The dividend yield is 8.48%. CenturyLinkcut its quarterly dividend by 26% on the same day it authorized a $2 billion stock repurchase planin February 2013. The company’s quarterly dividend remained 54 cents a share until it wascut to the current 25 cents a sharein February 2019. For five years through Feb. 16, shares of Lumen/CenturyLink were down 34%, with dividends reinvested, while they were down 38% for 10 years.Other companies on the list that have cut dividends over the past 10 years include Williams Cos.WMB,Kinder Morgan Inc.KMI,Vornado Realty TrustVNOand Simon Property Group Inc.SPG,which reduced its payout by 38% in June.All of this emphasizes the importance of doing your own research to form your own opinion about a company’s long-term prospects if you see any stocks of interest here.Aside from CenturyLink, the stock listed above with the lowest forward P/E valuation is AT&T Inc.T,with a dividend yield of 7.18% and P/E of 9.2, followed by Pfizer Inc.PFE,with a yield of 4.50% and forward P/E of 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22:58","market":"other","language":"en","title":"NIO plunged more than 7%<blockquote>蔚来暴跌超7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122180672","media":"老虎资讯综合","summary":"(March 2) NIO Inc.  reported a wider-than-expected loss for its fourth quarter, but issued strong re","content":"<p>(March 2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p><blockquote>（3月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>报告第四季度亏损超出预期，但发布了强劲的第一季度收入指引。这家电动汽车制造商还宣布2月份的交付量环比下降。</blockquote></p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote>蔚来暴跌超7%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO plunged more than 7%<blockquote>蔚来暴跌超7%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO plunged more than 7%<blockquote>蔚来暴跌超7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-02 22:58</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p><blockquote>（3月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>报告第四季度亏损超出预期，但发布了强劲的第一季度收入指引。这家电动汽车制造商还宣布2月份的交付量环比下降。</blockquote></p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote>蔚来暴跌超7%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122180672","content_text":"(March 2) NIO Inc.  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.NIO plunged more than 7%.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360983261,"gmtCreate":1613809924053,"gmtModify":1634552129959,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572351171358811","idStr":"3572351171358811"},"themes":[],"htmlText":"Dolla dolla","listText":"Dolla dolla","text":"Dolla dolla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360983261","repostId":"2112149478","repostType":4,"isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387900327,"gmtCreate":1613704916369,"gmtModify":1634552576337,"author":{"id":"3572351171358811","authorId":"3572351171358811","name":"Sm00kS","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572351171358811","idStr":"3572351171358811"},"themes":[],"htmlText":"GME pog","listText":"GME pog","text":"GME pog","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/387900327","repostId":"1185112339","repostType":4,"isVote":1,"tweetType":1,"viewCount":905,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}