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2021-08-02

👍

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2021-07-29

👍

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2021-07-26

👍

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2021-07-11

👍

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2021-07-10

Tsmc

Taiwan Semiconductor Vs. United Microelectronics Stock: Which Is The Better Buy?<blockquote>台积电与联合微电子股票：哪个更值得购买？</blockquote>

2021-07-08

👍

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2021-07-07

👍//@starbu: 👍

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2021-07-07

👍

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2021-07-06

👍

Nio Expected To Gross 5% More EV Deliveries In 2021 Than Previous Forecast, Says CICC<blockquote>中金公司表示，蔚来预计 2021 年电动汽车交付量将比之前的预测增加 5%</blockquote>

2021-07-05

🤦‍♀️

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2021-07-03

Go baba!

Can Alibaba Turn Around Its Woes in the Second Half of 2021?<blockquote>阿里巴巴-SW能在2021年下半年扭转困境吗？</blockquote>

2021-07-02

Nice!

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2021-07-01

Great!

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2021-06-30

Ev💪

Tesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示，特斯拉面临来自蔚来的压力，但这些是目前最好的电动汽车投资</blockquote>

2021-06-29

👍

NIO Will Surpass Tesla as China's Top EV Maker, Navellier Says<blockquote>纳维利尔表示，蔚来将超越特斯拉成为中国最大的电动汽车制造商</blockquote>

2021-06-28

Sounds gd

Nio Opens Another 5 Battery Swap Stations In China As Part of Aggressive Expansion Strategy<blockquote>作为积极扩张战略的一部分，蔚来在中国再开设 5 个换电站</blockquote>

2021-06-27

Keep going

Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到了 2 万亿美元。还没完成。</blockquote>

2021-06-26

Nice

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2021-06-25

👍

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2021-06-25

👍

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08:54","market":"us","language":"en","title":"Taiwan Semiconductor Vs. United Microelectronics Stock: Which Is The Better Buy?<blockquote>台积电与联合微电子股票：哪个更值得购买？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145284684","media":"seekingalpha","summary":"Summary\n\nTSMC is the world’s largest foundry for making ICs for fabless semiconductor companies, man","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>TSMC is the world’s largest foundry for making ICs for fabless semiconductor companies, manufacturing 11,617 different products using 281 distinct technologies for 510 different customers.</li>  <li>TSMC and fellow Taiwan foundry United Microelectronics Corporation are expected to benefit from a chip-supply crisis that is adversely impacting automakers.</li>  <li>TSMC benefits from a gross margin nearly twice that of UMC.</li>  <li>40% of revenues are from nodes &lt;14nm, below the smallest node of UMC.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d80e662ebb3b78dd0445ecc891cf8986\" tg-width=\"768\" tg-height=\"513\"><span>BING-JHEN HONG/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>台积电是全球最大的为无晶圆厂半导体公司生产集成电路的代工厂，使用 281 种不同的技术为 510 个不同的客户生产 11,617 种不同的产品。</li><li>台积电和台湾代工厂联合微电子公司预计将从对汽车制造商产生不利影响的芯片供应危机中受益。</li><li>台积电的毛利率几乎是联电的两倍。</li><li>40%的收入来自&lt;14nm的节点，低于UMC最小的节点。</li></ul><p class=\"t-img-caption\"><span>BING-JHEN HONG/iStock 社论来自 Getty Images</span></p></blockquote></p><p> Taiwan Semiconductor Manufacturing Company Limited or TSMC (TSM), and United Microelectronics Corporation or UMC (UMC) are both headquartered in Taiwan and both manufacture semiconductors for companies on a contract basis. They both provide high quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry and are defined as pure-play foundries.</p><p><blockquote>台积电股份有限公司或台积电（TSM）和联合微电子公司或联电（UMC）的总部都设在台湾，并且都以合同的方式为公司制造半导体。他们都提供高质量的IC制造服务，专注于逻辑和各种专业技术，以服务于电子行业的所有主要部门，并被定义为纯粹的代工厂。</blockquote></p><p> While they have similarities, the two companies are vastly different with different business models. TSMC started as and has always been a leading-edge company, manufacturing chips at the smallest dimensions. UMC, on the other hand, Taiwan’s first semiconductor company, has chosen the 14nm node as the smallest dimension it will manufacture.</p><p><blockquote>虽然它们有相似之处，但这两家公司在不同的商业模式方面有很大不同。台积电最初是一家领先的公司，并且一直是一家以最小尺寸制造芯片的公司。另一方面，台湾第一家半导体公司联电选择了 14 纳米节点作为其生产的最小尺寸。</blockquote></p><p> To illustrate the differences in models, Chart 1 shows revenues for both companies based on technology node. The key difference is the &lt;14nm node, where TSMC generated 41.4% of its revenue compared to 0% for UMC.</p><p><blockquote>为了说明模型的差异，图1显示了两家公司基于技术节点的收入。主要区别在于&lt;14nm节点，台积电在该节点产生了41.4%的收入，而联电为0%。</blockquote></p><p> Chart 1 also shows that TSMC held $43 billion in revenues in 2020 versus $6 billion for UMC. Importantly, it shows also shows the financial dominance of TSMC, since UMC holds second place in the global foundry market.</p><p><blockquote>图表1还显示，台积电2020年的收入为430亿美元，而联电为60亿美元。重要的是，它还显示了台积电的财务优势，因为联电在全球代工市场排名第二。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf3b088585f8a624c6665040756e940f\" tg-width=\"640\" tg-height=\"462\"><span>Chart 1</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表1</span></p></blockquote></p><p> Much of TSMC’s revenues are on the &lt;14nm node, which increased from 29.4% of revenues in 2019 to 41.4% in 2020. Since UMC’s smallest node is 28nm/14nm, UMC is investing heavily at that node, and its share of revenue increased from 11.3% in 2019 to 13.6% in 2020. In contrast, in 2020 TSMC’s share at the 28nm/14nm node decreased to 30.8% from 37.7% in 2019.</p><p><blockquote>台积电的大部分收入来自&lt;14nm节点，占收入的比例从2019年的29.4%增加到2020年的41.4%。由于联电最小的节点是 28 纳米/14 纳米，因此联电在该节点上投入巨资，其收入份额从 2019 年的 11.3% 增加到 2020 年的 13.6%。相比之下，2020 年台积电在 28nm/14nm 节点的份额从 2019 年的 37.7% 下降到 30.8%。</blockquote></p><p> <b>Expanding Capacity</b></p><p><blockquote><b>扩大产能</b></blockquote></p><p> <b>Leading Edge Nodes</b></p><p><blockquote><b>前沿节点</b></blockquote></p><p> TSMC generates about 1/3 of its revenues from the 28nm/14nm, and TSMC has 562,000 wafers/month of 8\" capacity, and 745,000 wafers/month of 12\" capacity. The total capacity is 995,000 wafers/month (12-inch equivalent).</p><p><blockquote>台积电约1/3的收入来自28纳米/14纳米，台积电每月有562,000片8英寸产能晶圆，每月有745,000片12英寸产能晶圆。总产能为995,000片晶圆/月（相当于12英寸）。</blockquote></p><p> In TSMC’sQ1 2021 earnings call, TSMC’s VP and CFO Wendell Huang noted:</p><p><blockquote>在台积电 2021 年第一季度财报看涨期权上，台积电副总裁兼首席财务官黄温德尔指出：</blockquote></p><p>   “In order to meet the increasing demand for our advanced and specialty technologies in the next several years, we have decided to raise our full year 2021 CapEx to be around USD 30 billion. About 80% of the 2021 capital budget will be allocated for advanced process technologies, including 3-nanometer, 5-nanometer and 7-nanometer. About 10% will be spent for advanced packaging and mask making, and about 10% will be spent for specialty technologies.”  TSMC expects to invest about $100 billion through the next 3 years to increase capacity, to support the manufacturing and R&amp;D of leading-edge and specialty technologies. Its N5 is already in its second year of volume production, contributing around 20% of our wafer revenue in 2021. N4 risk production is targeted for second half this year and volume production in 2022.</p><p><blockquote>“为了满足未来几年对我们先进和特种技术日益增长的需求，我们决定将 2021 年全年资本支出提高到约 300 亿美元。2021 年资本预算的约 80% 将用于先进工艺技术，包括 3 纳米、5 纳米和 7 纳米。大约10%将用于先进的包装和口罩制造，大约10%将用于专业技术。”台积电预计未来3年将投资约1000亿美元来增加产能，以支持领先和专业技术的制造和研发。其N5已经进入量产的第二年，2021年贡献了我们晶圆收入的20%左右。N4风险生产目标是今年下半年，2022年批量生产。</blockquote></p><p> Among TSMC's facilities to go online in the next three to four years are the company's&nbsp;fab in Arizona&nbsp;as well as its first 2nm-capable fab in Taiwan. The company needs to build and equip its N5-capable fab in Arizona. The facility will cost around $12 billion, will have a capacity of 20,000 wafer starts per month (WSPM), and will come online in 2024.</p><p><blockquote>台积电将在未来三到四年内上线的工厂包括该公司位于亚利桑那州的工厂以及位于台湾的第一家 2nm 工厂。该公司需要在亚利桑那州建造和装备其具有 N5 功能的工厂。该工厂将耗资约 120 亿美元，每月产能为 20,000 片晶圆 (WSPM)，将于 2024 年上线。</blockquote></p><p> <b>28nm Nodes</b></p><p><blockquote><b>28nm节点</b></blockquote></p><p> The global semiconductor shortage is one of the catalysts prompting foundry manufacturers to build new fabs, particularly at the 28nm node, as many automobile chips are manufactured at that node. While I have devoted four Seeking Alpha articles on trying to pin down what devices are undersupplied and could only find microcontrollers, in this article, I will concede for the sake of argument, that it is not due to hoarding but inept manufacturing supply chains.</p><p><blockquote>全球半导体短缺是促使代工制造商建造新晶圆厂的催化剂之一，特别是在28纳米节点，因为许多汽车芯片都是在该节点制造的。虽然我花了四篇Seeking Alpha文章试图确定哪些设备供应不足，只能找到微控制器，但在这篇文章中，为了论证起见，我承认这不是由于囤积，而是由于无能的制造供应链。</blockquote></p><p> As a result, governments are spending heavily on this industry to expand the total production capacity. These free handouts are a second catalyst for new 28nm node fab construction.</p><p><blockquote>因此，各国政府正在该行业投入巨资，以扩大总产能。这些免费分发是新的 28 纳米节点晶圆厂建设的第二个催化剂。</blockquote></p><p></p><p> A strong demand for wafers from the consumer electronics industry has led to increased shipments of UMC’s 28nm wafers, which saw 18% sequential revenue growth in the last reported quarter. In addition, UMC has been focused on production for the automotive industry as semiconductors for electric and self-driving cars are expected to be a major growth driver for the company. However, global automotive semiconductors are only a $40 billion market, compared to a global semiconductor market of $525 billion. That is growing as more semiconductors are used per vehicle each year and because EVs use more semiconductors than internal combustion vehicles.</p><p><blockquote>消费电子行业对晶圆的强劲需求导致联电 28 纳米晶圆的出货量增加，在上一季度报告的收入环比增长了 18%。此外，联电一直专注于汽车行业的生产，因为电动和自动驾驶汽车的半导体预计将成为该公司的主要增长动力。然而，全球汽车半导体只是一个400亿美元的市场，相比之下，全球半导体市场为5250亿美元。随着每年每辆车使用更多的半导体，以及电动汽车比内燃机汽车使用更多的半导体，这一数字正在增长。</blockquote></p><p> There is a supply-demand imbalance in mature nodes, as most of the capacity expansion has been in advanced nodes, but companies have not addressed the mature nodes. The technology node is central to the latest auto chip crisis, while at the same time Sony has moved its design of CMOS Integrated Sensors (\"CIS\") for smartphones to 28nm.</p><p><blockquote>成熟节点存在供需不平衡，因为大部分容量扩张都在高级节点，但公司尚未解决成熟节点的问题。该技术节点是最新汽车芯片危机的核心，与此同时，索尼已将智能手机 CMOS 集成传感器 (“CIS”) 的设计转移到 28 纳米。</blockquote></p><p> On April 22, TSMC announced plans to build a chip fabrication facility in China is at the receiving end of opposition from critics. The plant is set to make semiconductors built on the mature 28nm process node. The Nanjing plant currently has an installed capacity of 20,000 wafers per month. An investment of $2.8 billion and expecting mass-production in 2023, the expansion will double capacity to 40,000 wafers per month.</p><p><blockquote>4月22日，台积电宣布在中国建设芯片制造工厂的计划遭到了批评者的反对。该工厂将生产基于成熟 28nm 工艺节点的半导体。南京工厂目前的装机容量为每月20,000片晶圆。此次扩建投资 28 亿美元，预计将于 2023 年量产，产能将翻一番，达到每月 40,000 片晶圆。</blockquote></p><p> TSMC has global 562,000 wafers/month of 8\" capacity, and 745,000 wafers/month of 12\" capacity. The total capacity is 995,000 wafers/month (12-inch equivalent). The new fab with a 20,000 wafer per month capacity represents just 2% of the company’s total capacity.</p><p><blockquote>台积电在全球拥有562,000片8英寸产能晶圆/月和745,000片12英寸产能晶圆/月。总产能为995,000片晶圆/月（相当于12英寸）。新工厂每月产能为 20,000 片晶圆，仅占公司总产能的 2%。</blockquote></p><p> UMC also expanded its production of 28nm (with a migration to 40nm) process at its Nanke 12-inch Fab 12A P6 plant in Taiwan. It currently has an 87,000 wafer per month capacity. The total investment in the capacity expansion plan is estimated to be approximately NT$100 billion. The P6 expansion is scheduled for production in the second quarter of 2023, and has a capacity of just 10,000 wafers per month.</p><p><blockquote>联电还在台湾南科 12 英寸晶圆厂 12A P6 工厂扩大了 28nm（迁移至 40nm）工艺的生产。该公司目前每月产能为 87,000 片晶圆。产能扩张计划总投资估计约为新台币1000亿元。P6扩建计划于2023年第二季度投产，每月产能仅为10,000片晶圆。</blockquote></p><p> The P6 program is supported by a multi-year's product alignment between UMC and the involved customers that includes a loading protection mechanism that will ensure the P6 capacity is maintained at a healthy loading level.</p><p><blockquote>P6计划得到了UMC和相关客户之间多年的产品协调的支持，其中包括负载保护机制，将确保P6容量保持在健康的负载水平。</blockquote></p><p> UMC has total 12 fabs in production with combined capacity close to 800,000 wafers per month (8-in equivalent).</p><p><blockquote>联电共有12座晶圆厂在产，总产能接近每月80万片晶圆（相当于8英寸）。</blockquote></p><p> <b>Price Per Wafer</b></p><p><blockquote><b>每片晶圆的价格</b></blockquote></p><p> Chart 2 shows the gross profit by node for an IC device. It partially explains the rationale behind TSMC’s business model to move to advanced nodes, while also explaining why the company chose to leave its 28nm node undersupplied until recent external forces prompted it to build its China fab.</p><p><blockquote>图2显示了IC器件按节点划分的毛利润。这在一定程度上解释了台积电转向先进节点的商业模式背后的理由，同时也解释了为什么该公司选择让 28 纳米节点供应不足，直到最近的外部力量促使其在中国建厂。</blockquote></p><p> Gross profits per 300-mm wafer are $2,835 for a 28nm node versus $8,695 for a 3nm node.</p><p><blockquote>28nm 节点的每 300 毫米晶圆毛利润为 2,835 美元，而 3nm 节点的每 300 毫米晶圆毛利润为 8,695 美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e241c85dd84eb71f54c3b11812e6599\" tg-width=\"640\" tg-height=\"462\"><span>Chart 2</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表2</span></p></blockquote></p><p> Chart 3 shows capex spend by node for ICs. Capex spend (building + equipment) at 28nm is $100,000 per wafer, which more than triples to $320,000 at 3nm.</p><p><blockquote>图 3 显示了 ICs 按节点划分的资本支出。28nm 制程的资本支出（建筑 + 设备）为每片晶圆 100,000 美元，是 3nm 制程的三倍多，达到 320,000 美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f8f60218f2b914e5847e2eef8aa39c3\" tg-width=\"640\" tg-height=\"462\"><span>Chart 3</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表3</span></p></blockquote></p><p> <b>Customer Base</b></p><p><blockquote><b>客户群</b></blockquote></p><p> Chart 4 shows that Apple (AAPL) was the largest customer of TSMC in 2020, representing 21% of revenues. Keep in mind that in addition to TSMC’s processors going into iPhones, TSMC also fabricates the M1, which powers the new MacBook Air, 13-inch MacBook Pro, and Mac mini and is Apple's first custom-designed Arm-based chip for Mac.</p><p><blockquote>图表4显示，苹果（AAPL）是台积电2020年的最大客户，占营收的21%。请记住，除了台积电的处理器应用于 iPhone 之外，台积电还生产 M1，它为新款 MacBook Air、13 英寸 MacBook Pro 和 Mac mini 提供动力，是苹果公司首款为 Mac 定制设计的基于 Arm 的芯片。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/354a97772e16c2a05dbccc89556de9eb\" tg-width=\"640\" tg-height=\"465\"><span>Chart 4</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表4</span></p></blockquote></p><p> TSMC has upgraded its manufacturing capabilities countless times to keep Apple’s latest chips at the bleeding edge of processor technologies, since its first chip produced for Apple was installed in the Apple iPhone 6 and iPhone 6 Plus, which were introduced on September 9, 2014.</p><p><blockquote>自 2014 年 9 月 9 日推出的苹果 iPhone 6 和 iPhone 6 Plus 上安装了台积电为苹果生产的首款芯片以来，台积电已经无数次升级其制造能力，以保持苹果最新芯片处于处理器技术的前沿。</blockquote></p><p> Chart 5 shows that the number of transistors increased from 2 billion for the iPhone 6 to 11.8 billion for the current iPhone 12.</p><p><blockquote>图表5显示，晶体管数量从iPhone 6的20亿个增加到当前iPhone 12的118亿个。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/108ef270fe60691ec5bc8c7f0a061d9c\" tg-width=\"640\" tg-height=\"462\"><span>Chart 5</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表5</span></p></blockquote></p><p> Thus, investors must consider that:</p><p><blockquote>因此，投资者必须考虑：</blockquote></p><p> Any positive developments from Apple will impact TSMC positively, and positive technological developments from TSMC will impact Apple positively. For example, as long as TSMC is the major manufacturer of Apple chips, growth in Apple or new technologies developed by Apple requiring chips (such as Auto or ADAS), then TSMC will gain.</p><p><blockquote>苹果的任何积极发展都会对台积电产生积极影响，而台积电的积极技术发展也会对苹果产生积极影响。例如，只要台积电是苹果芯片、苹果增长或苹果开发的新技术需要芯片（如Auto或ADAS）的主要制造商，那么台积电就会受益。</blockquote></p><p></p><p> Secondly, because of capacity limitations and technology node demands, any expansion in capacity from TSMC will be beneficial to Apple as it moves to smaller nodes while consuming about 25% of TSMC’s chip output on a revenue basis.</p><p><blockquote>其次，由于产能限制和技术节点需求，台积电的任何产能扩张都将有利于苹果，因为它将转向更小的节点，同时按收入计算消耗台积电约 25% 的芯片产量。</blockquote></p><p> UMC is less transparent and doesn’t provide a breakdown by customer. UMC’s primary customers include premier integrated device manufacturers, such as Texas Instruments(NASDAQ:TXN)and Intel Mobile(NASDAQ:INTC), plus leading fabless design companies, such as MediaTek(OTCPK:MDTKF), Realtek, Qualcomm(NASDAQ:QCOM)and Novatek.</p><p><blockquote>UMC 的透明度较低，也没有按客户进行细分。联电的主要客户包括德州仪器（纳斯达克股票代码：TXN）和英特尔移动（纳斯达克股票代码：INTC）等顶级集成设备制造商，以及联发科（OTCPK：MDTKF）、瑞昱、高通（纳斯达克股票代码：QCOM）和诺瓦泰克等领先的无晶圆厂设计公司。</blockquote></p><p> In August 2018, UMC announced it would pause research for advancing the productional technology of chips under 10nm nodes. As shown in the figure above, since 2018, the corresponding proportion of the company's advanced processes has been reduced to zero, but for mature nodes such as 65nm and 28nm, the proportion has been increased.</p><p><blockquote>2018年8月，联电宣布将暂停推进10nm节点以下芯片生产技术的研究。如上图所示，2018年以来，公司先进工艺对应占比降至零，但对于65nm、28nm等成熟节点，占比有所提升。</blockquote></p><p> <b>Investor Takeaways</b>: Is TSM Or UMC Stock A Better Buy?</p><p><blockquote><b>投资者要点</b>：TSM 和 UMC 股票更值得购买吗？</blockquote></p><p> Both companies compete in the same industry, but their business models are a differentiating metric. TSMC generates most of its revenue on nodes smaller than UMC’s (Chart 1), and most of its planned capex will focus new fabs making ICs at increasing smaller nodes.</p><p><blockquote>两家公司在同一行业竞争，但他们的商业模式是一个差异化的指标。台积电的大部分收入来自比联电更小的节点（图 1），其计划中的大部分资本支出将集中在新晶圆厂上，在越来越小的节点上生产集成电路。</blockquote></p><p> <b>TSMC Positives</b></p><p><blockquote><b>台积电积极</b></blockquote></p><p> TSMC’s share of the pure-play foundry market was 57% share in 2020, up from 55% in 2019. UMC’s share was constant at slightly less than 8%.</p><p><blockquote>2020 年，台积电在纯代工市场的份额为 57%，高于 2019 年的 55%。联电的份额稳定在略低于 8%。</blockquote></p><p> TSMC benefits from the smaller nodes. Although capex increases with decreasing nodes (Chart 3), so too does gross profit (Chart 2). Thus, TSM has higher revenues than UMC: $48.2B vs $6.283B.</p><p><blockquote>台积电受益于较小的节点。尽管资本支出随着节点的减少而增加（图 3），但毛利润也会增加（图 2）。因此，TSM 的收入高于 UMC：$48.2B 对 $6.283B。</blockquote></p><p> <ul>  <li>TSMC also has higher annual earnings (EBITDA): $33B vs. UMC $2.349B.</p><p><blockquote><ul><li>台积电的年度收益 (EBITDA) 也更高：$33B，而联电为$2349B。</li></ul></blockquote></p><p></li>  <li>TSMC ($613B) has a higher market cap than UMC ($23.4B).</p><p><blockquote><li>台积电（$613B）的市值高于联电（$234B）。</li></blockquote></p><p></li>  <li>TSMC has more cash on hand: $23.3B vs. UMC ($3.76B).</p><p><blockquote><li>台积电手头有更多现金：$23.3B 对 UMC（$3.76B）。</li></blockquote></p><p></li>  <li>TSMC has a higher EPS (3.99) than UMC (0.59).</p><p><blockquote><li>台积电的每股收益（3.99）高于联电（0.59）。</li></blockquote></p><p></li> </ul> Seeking Alpha’s quant ratings are derived by measuring a stock's financial metrics against other stocks in the sector on the basis of value, growth, profitability, momentum and analysts’ earnings revisions. In Table 1, both stocks have high rankings. TSMC has a quant rating of 4.63 and UMC has a quant rating of 4.54.</p><p><blockquote>Seeking Alpha 的量化评级是通过根据价值、增长、盈利能力、势头和分析师的盈利修正来衡量股票与行业内其他股票的财务指标得出的。在表1中，两只股票的排名都很高。台积电的量化评级为4.63，联电的量化评级为4.54。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/55db72bd38ddd1d46c2ec7a6ccf6307f\" tg-width=\"640\" tg-height=\"117\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Gross margin for TSMC and UMC is shown in Table 2. A positive for TSMC, gross margin is significantly ahead of UMC and the average of all foundries. The Street expects 3Q21 gross margin will improve to 52.9%, given a higher revenue scale, tight foundry supply and improved efficiency of 5nm production.</p><p><blockquote>台积电及联电之毛利率如表2所示。对台积电来说是一个利好，毛利率明显领先于联电和所有代工厂的平均水平。鉴于收入规模增加、代工供应紧张以及5nm生产效率提高，华尔街预计2021年第三季度毛利率将提高到52.9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4ab6dce4d14398755080d9db48522121\" tg-width=\"640\" tg-height=\"126\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>UMC Positives</b></p><p><blockquote><b>UMC阳性</b></blockquote></p><p> The comparison of other financial metrics, UMC has stronger financials:</p><p><blockquote>与其他财务指标相比，联电的财务状况更为强劲：</blockquote></p><p> <ul>  <li>UMC has a lower P/E ratio than TSM: 21.8 vs 28.9</p><p><blockquote><ul><li>联电的市盈率低于台积电：21.8 对 28.9</li></ul></blockquote></p><p></li>  <li>UMC has less debt than TSM: $2.47B vs $15.4B.</p><p><blockquote><li>UMC 的债务低于 TSM：$2.47B 对 $15.4B。</li></blockquote></p><p></li>  <li>UMC YTD gains are higher at: 10.558 vs. TSM (8.922).</p><p><blockquote><li>UMC 年初至今涨幅更高，为 10.558 点，而 TSM (8.922) 点。</li></blockquote></p><p></li> </ul> Table 3 shows stock performance in percent growth for TSM and UMC. In the past year, UMC stock has outperformed TSMC, and did so in the 3-year and 5-year period. But in a 10-year period, TSMC is the better choice.</p><p><blockquote>表 3 显示了 TSM 和 UMC 的股票表现百分比增长。在过去的一年里，联电股票的表现优于台积电，在3年和5年期间都是如此。但在10年的时间里，台积电是更好的选择。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7533369f256853d498f5492752417e05\" tg-width=\"640\" tg-height=\"172\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> TSMC is the clear winner over UMC going forward. The company chose its strategy to build chips at the &lt;7nm node. The fact that it is building a 28nm fab in China, the “sweet spot” for UMC, coupled with a new 28nm SMIC (OTCQX:SMICY) fab, will mean lost market share at this node for UMC.</p><p><blockquote>展望未来，台积电显然是超过联电的赢家。该公司选择在&lt;7nm节点制造芯片的策略。事实上，该公司正在中国（联电的 “甜蜜点 ”）建设一座 28 纳米晶圆厂，再加上中芯国际（OTCQX:SMICY）新的 28 纳米晶圆厂，这将意味着联电在该节点的市场份额将会丧失。</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>Taiwan Semiconductor Vs. United Microelectronics Stock: Which Is The Better Buy?<blockquote>台积电与联合微电子股票：哪个更值得购买？</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\">\nTaiwan Semiconductor Vs. United Microelectronics Stock: Which Is The Better Buy?<blockquote>台积电与联合微电子股票：哪个更值得购买？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-07-10 08:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>TSMC is the world’s largest foundry for making ICs for fabless semiconductor companies, manufacturing 11,617 different products using 281 distinct technologies for 510 different customers.</li>  <li>TSMC and fellow Taiwan foundry United Microelectronics Corporation are expected to benefit from a chip-supply crisis that is adversely impacting automakers.</li>  <li>TSMC benefits from a gross margin nearly twice that of UMC.</li>  <li>40% of revenues are from nodes &lt;14nm, below the smallest node of UMC.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d80e662ebb3b78dd0445ecc891cf8986\" tg-width=\"768\" tg-height=\"513\"><span>BING-JHEN HONG/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>台积电是全球最大的为无晶圆厂半导体公司生产集成电路的代工厂，使用 281 种不同的技术为 510 个不同的客户生产 11,617 种不同的产品。</li><li>台积电和台湾代工厂联合微电子公司预计将从对汽车制造商产生不利影响的芯片供应危机中受益。</li><li>台积电的毛利率几乎是联电的两倍。</li><li>40%的收入来自&lt;14nm的节点，低于UMC最小的节点。</li></ul><p class=\"t-img-caption\"><span>BING-JHEN HONG/iStock 社论来自 Getty Images</span></p></blockquote></p><p> Taiwan Semiconductor Manufacturing Company Limited or TSMC (TSM), and United Microelectronics Corporation or UMC (UMC) are both headquartered in Taiwan and both manufacture semiconductors for companies on a contract basis. They both provide high quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry and are defined as pure-play foundries.</p><p><blockquote>台积电股份有限公司或台积电（TSM）和联合微电子公司或联电（UMC）的总部都设在台湾，并且都以合同的方式为公司制造半导体。他们都提供高质量的IC制造服务，专注于逻辑和各种专业技术，以服务于电子行业的所有主要部门，并被定义为纯粹的代工厂。</blockquote></p><p> While they have similarities, the two companies are vastly different with different business models. TSMC started as and has always been a leading-edge company, manufacturing chips at the smallest dimensions. UMC, on the other hand, Taiwan’s first semiconductor company, has chosen the 14nm node as the smallest dimension it will manufacture.</p><p><blockquote>虽然它们有相似之处，但这两家公司在不同的商业模式方面有很大不同。台积电最初是一家领先的公司，并且一直是一家以最小尺寸制造芯片的公司。另一方面，台湾第一家半导体公司联电选择了 14 纳米节点作为其生产的最小尺寸。</blockquote></p><p> To illustrate the differences in models, Chart 1 shows revenues for both companies based on technology node. The key difference is the &lt;14nm node, where TSMC generated 41.4% of its revenue compared to 0% for UMC.</p><p><blockquote>为了说明模型的差异，图1显示了两家公司基于技术节点的收入。主要区别在于&lt;14nm节点，台积电在该节点产生了41.4%的收入，而联电为0%。</blockquote></p><p> Chart 1 also shows that TSMC held $43 billion in revenues in 2020 versus $6 billion for UMC. Importantly, it shows also shows the financial dominance of TSMC, since UMC holds second place in the global foundry market.</p><p><blockquote>图表1还显示，台积电2020年的收入为430亿美元，而联电为60亿美元。重要的是，它还显示了台积电的财务优势，因为联电在全球代工市场排名第二。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf3b088585f8a624c6665040756e940f\" tg-width=\"640\" tg-height=\"462\"><span>Chart 1</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表1</span></p></blockquote></p><p> Much of TSMC’s revenues are on the &lt;14nm node, which increased from 29.4% of revenues in 2019 to 41.4% in 2020. Since UMC’s smallest node is 28nm/14nm, UMC is investing heavily at that node, and its share of revenue increased from 11.3% in 2019 to 13.6% in 2020. In contrast, in 2020 TSMC’s share at the 28nm/14nm node decreased to 30.8% from 37.7% in 2019.</p><p><blockquote>台积电的大部分收入来自&lt;14nm节点，占收入的比例从2019年的29.4%增加到2020年的41.4%。由于联电最小的节点是 28 纳米/14 纳米，因此联电在该节点上投入巨资，其收入份额从 2019 年的 11.3% 增加到 2020 年的 13.6%。相比之下，2020 年台积电在 28nm/14nm 节点的份额从 2019 年的 37.7% 下降到 30.8%。</blockquote></p><p> <b>Expanding Capacity</b></p><p><blockquote><b>扩大产能</b></blockquote></p><p> <b>Leading Edge Nodes</b></p><p><blockquote><b>前沿节点</b></blockquote></p><p> TSMC generates about 1/3 of its revenues from the 28nm/14nm, and TSMC has 562,000 wafers/month of 8\" capacity, and 745,000 wafers/month of 12\" capacity. The total capacity is 995,000 wafers/month (12-inch equivalent).</p><p><blockquote>台积电约1/3的收入来自28纳米/14纳米，台积电每月有562,000片8英寸产能晶圆，每月有745,000片12英寸产能晶圆。总产能为995,000片晶圆/月（相当于12英寸）。</blockquote></p><p> In TSMC’sQ1 2021 earnings call, TSMC’s VP and CFO Wendell Huang noted:</p><p><blockquote>在台积电 2021 年第一季度财报看涨期权上，台积电副总裁兼首席财务官黄温德尔指出：</blockquote></p><p>   “In order to meet the increasing demand for our advanced and specialty technologies in the next several years, we have decided to raise our full year 2021 CapEx to be around USD 30 billion. About 80% of the 2021 capital budget will be allocated for advanced process technologies, including 3-nanometer, 5-nanometer and 7-nanometer. About 10% will be spent for advanced packaging and mask making, and about 10% will be spent for specialty technologies.”  TSMC expects to invest about $100 billion through the next 3 years to increase capacity, to support the manufacturing and R&amp;D of leading-edge and specialty technologies. Its N5 is already in its second year of volume production, contributing around 20% of our wafer revenue in 2021. N4 risk production is targeted for second half this year and volume production in 2022.</p><p><blockquote>“为了满足未来几年对我们先进和特种技术日益增长的需求，我们决定将 2021 年全年资本支出提高到约 300 亿美元。2021 年资本预算的约 80% 将用于先进工艺技术，包括 3 纳米、5 纳米和 7 纳米。大约10%将用于先进的包装和口罩制造，大约10%将用于专业技术。”台积电预计未来3年将投资约1000亿美元来增加产能，以支持领先和专业技术的制造和研发。其N5已经进入量产的第二年，2021年贡献了我们晶圆收入的20%左右。N4风险生产目标是今年下半年，2022年批量生产。</blockquote></p><p> Among TSMC's facilities to go online in the next three to four years are the company's&nbsp;fab in Arizona&nbsp;as well as its first 2nm-capable fab in Taiwan. The company needs to build and equip its N5-capable fab in Arizona. The facility will cost around $12 billion, will have a capacity of 20,000 wafer starts per month (WSPM), and will come online in 2024.</p><p><blockquote>台积电将在未来三到四年内上线的工厂包括该公司位于亚利桑那州的工厂以及位于台湾的第一家 2nm 工厂。该公司需要在亚利桑那州建造和装备其具有 N5 功能的工厂。该工厂将耗资约 120 亿美元，每月产能为 20,000 片晶圆 (WSPM)，将于 2024 年上线。</blockquote></p><p> <b>28nm Nodes</b></p><p><blockquote><b>28nm节点</b></blockquote></p><p> The global semiconductor shortage is one of the catalysts prompting foundry manufacturers to build new fabs, particularly at the 28nm node, as many automobile chips are manufactured at that node. While I have devoted four Seeking Alpha articles on trying to pin down what devices are undersupplied and could only find microcontrollers, in this article, I will concede for the sake of argument, that it is not due to hoarding but inept manufacturing supply chains.</p><p><blockquote>全球半导体短缺是促使代工制造商建造新晶圆厂的催化剂之一，特别是在28纳米节点，因为许多汽车芯片都是在该节点制造的。虽然我花了四篇Seeking Alpha文章试图确定哪些设备供应不足，只能找到微控制器，但在这篇文章中，为了论证起见，我承认这不是由于囤积，而是由于无能的制造供应链。</blockquote></p><p> As a result, governments are spending heavily on this industry to expand the total production capacity. These free handouts are a second catalyst for new 28nm node fab construction.</p><p><blockquote>因此，各国政府正在该行业投入巨资，以扩大总产能。这些免费分发是新的 28 纳米节点晶圆厂建设的第二个催化剂。</blockquote></p><p></p><p> A strong demand for wafers from the consumer electronics industry has led to increased shipments of UMC’s 28nm wafers, which saw 18% sequential revenue growth in the last reported quarter. In addition, UMC has been focused on production for the automotive industry as semiconductors for electric and self-driving cars are expected to be a major growth driver for the company. However, global automotive semiconductors are only a $40 billion market, compared to a global semiconductor market of $525 billion. That is growing as more semiconductors are used per vehicle each year and because EVs use more semiconductors than internal combustion vehicles.</p><p><blockquote>消费电子行业对晶圆的强劲需求导致联电 28 纳米晶圆的出货量增加，在上一季度报告的收入环比增长了 18%。此外，联电一直专注于汽车行业的生产，因为电动和自动驾驶汽车的半导体预计将成为该公司的主要增长动力。然而，全球汽车半导体只是一个400亿美元的市场，相比之下，全球半导体市场为5250亿美元。随着每年每辆车使用更多的半导体，以及电动汽车比内燃机汽车使用更多的半导体，这一数字正在增长。</blockquote></p><p> There is a supply-demand imbalance in mature nodes, as most of the capacity expansion has been in advanced nodes, but companies have not addressed the mature nodes. The technology node is central to the latest auto chip crisis, while at the same time Sony has moved its design of CMOS Integrated Sensors (\"CIS\") for smartphones to 28nm.</p><p><blockquote>成熟节点存在供需不平衡，因为大部分容量扩张都在高级节点，但公司尚未解决成熟节点的问题。该技术节点是最新汽车芯片危机的核心，与此同时，索尼已将智能手机 CMOS 集成传感器 (“CIS”) 的设计转移到 28 纳米。</blockquote></p><p> On April 22, TSMC announced plans to build a chip fabrication facility in China is at the receiving end of opposition from critics. The plant is set to make semiconductors built on the mature 28nm process node. The Nanjing plant currently has an installed capacity of 20,000 wafers per month. An investment of $2.8 billion and expecting mass-production in 2023, the expansion will double capacity to 40,000 wafers per month.</p><p><blockquote>4月22日，台积电宣布在中国建设芯片制造工厂的计划遭到了批评者的反对。该工厂将生产基于成熟 28nm 工艺节点的半导体。南京工厂目前的装机容量为每月20,000片晶圆。此次扩建投资 28 亿美元，预计将于 2023 年量产，产能将翻一番，达到每月 40,000 片晶圆。</blockquote></p><p> TSMC has global 562,000 wafers/month of 8\" capacity, and 745,000 wafers/month of 12\" capacity. The total capacity is 995,000 wafers/month (12-inch equivalent). The new fab with a 20,000 wafer per month capacity represents just 2% of the company’s total capacity.</p><p><blockquote>台积电在全球拥有562,000片8英寸产能晶圆/月和745,000片12英寸产能晶圆/月。总产能为995,000片晶圆/月（相当于12英寸）。新工厂每月产能为 20,000 片晶圆，仅占公司总产能的 2%。</blockquote></p><p> UMC also expanded its production of 28nm (with a migration to 40nm) process at its Nanke 12-inch Fab 12A P6 plant in Taiwan. It currently has an 87,000 wafer per month capacity. The total investment in the capacity expansion plan is estimated to be approximately NT$100 billion. The P6 expansion is scheduled for production in the second quarter of 2023, and has a capacity of just 10,000 wafers per month.</p><p><blockquote>联电还在台湾南科 12 英寸晶圆厂 12A P6 工厂扩大了 28nm（迁移至 40nm）工艺的生产。该公司目前每月产能为 87,000 片晶圆。产能扩张计划总投资估计约为新台币1000亿元。P6扩建计划于2023年第二季度投产，每月产能仅为10,000片晶圆。</blockquote></p><p> The P6 program is supported by a multi-year's product alignment between UMC and the involved customers that includes a loading protection mechanism that will ensure the P6 capacity is maintained at a healthy loading level.</p><p><blockquote>P6计划得到了UMC和相关客户之间多年的产品协调的支持，其中包括负载保护机制，将确保P6容量保持在健康的负载水平。</blockquote></p><p> UMC has total 12 fabs in production with combined capacity close to 800,000 wafers per month (8-in equivalent).</p><p><blockquote>联电共有12座晶圆厂在产，总产能接近每月80万片晶圆（相当于8英寸）。</blockquote></p><p> <b>Price Per Wafer</b></p><p><blockquote><b>每片晶圆的价格</b></blockquote></p><p> Chart 2 shows the gross profit by node for an IC device. It partially explains the rationale behind TSMC’s business model to move to advanced nodes, while also explaining why the company chose to leave its 28nm node undersupplied until recent external forces prompted it to build its China fab.</p><p><blockquote>图2显示了IC器件按节点划分的毛利润。这在一定程度上解释了台积电转向先进节点的商业模式背后的理由，同时也解释了为什么该公司选择让 28 纳米节点供应不足，直到最近的外部力量促使其在中国建厂。</blockquote></p><p> Gross profits per 300-mm wafer are $2,835 for a 28nm node versus $8,695 for a 3nm node.</p><p><blockquote>28nm 节点的每 300 毫米晶圆毛利润为 2,835 美元，而 3nm 节点的每 300 毫米晶圆毛利润为 8,695 美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e241c85dd84eb71f54c3b11812e6599\" tg-width=\"640\" tg-height=\"462\"><span>Chart 2</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表2</span></p></blockquote></p><p> Chart 3 shows capex spend by node for ICs. Capex spend (building + equipment) at 28nm is $100,000 per wafer, which more than triples to $320,000 at 3nm.</p><p><blockquote>图 3 显示了 ICs 按节点划分的资本支出。28nm 制程的资本支出（建筑 + 设备）为每片晶圆 100,000 美元，是 3nm 制程的三倍多，达到 320,000 美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f8f60218f2b914e5847e2eef8aa39c3\" tg-width=\"640\" tg-height=\"462\"><span>Chart 3</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表3</span></p></blockquote></p><p> <b>Customer Base</b></p><p><blockquote><b>客户群</b></blockquote></p><p> Chart 4 shows that Apple (AAPL) was the largest customer of TSMC in 2020, representing 21% of revenues. Keep in mind that in addition to TSMC’s processors going into iPhones, TSMC also fabricates the M1, which powers the new MacBook Air, 13-inch MacBook Pro, and Mac mini and is Apple's first custom-designed Arm-based chip for Mac.</p><p><blockquote>图表4显示，苹果（AAPL）是台积电2020年的最大客户，占营收的21%。请记住，除了台积电的处理器应用于 iPhone 之外，台积电还生产 M1，它为新款 MacBook Air、13 英寸 MacBook Pro 和 Mac mini 提供动力，是苹果公司首款为 Mac 定制设计的基于 Arm 的芯片。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/354a97772e16c2a05dbccc89556de9eb\" tg-width=\"640\" tg-height=\"465\"><span>Chart 4</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表4</span></p></blockquote></p><p> TSMC has upgraded its manufacturing capabilities countless times to keep Apple’s latest chips at the bleeding edge of processor technologies, since its first chip produced for Apple was installed in the Apple iPhone 6 and iPhone 6 Plus, which were introduced on September 9, 2014.</p><p><blockquote>自 2014 年 9 月 9 日推出的苹果 iPhone 6 和 iPhone 6 Plus 上安装了台积电为苹果生产的首款芯片以来，台积电已经无数次升级其制造能力，以保持苹果最新芯片处于处理器技术的前沿。</blockquote></p><p> Chart 5 shows that the number of transistors increased from 2 billion for the iPhone 6 to 11.8 billion for the current iPhone 12.</p><p><blockquote>图表5显示，晶体管数量从iPhone 6的20亿个增加到当前iPhone 12的118亿个。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/108ef270fe60691ec5bc8c7f0a061d9c\" tg-width=\"640\" tg-height=\"462\"><span>Chart 5</span></p><p><blockquote><p class=\"t-img-caption\"><span>图表5</span></p></blockquote></p><p> Thus, investors must consider that:</p><p><blockquote>因此，投资者必须考虑：</blockquote></p><p> Any positive developments from Apple will impact TSMC positively, and positive technological developments from TSMC will impact Apple positively. For example, as long as TSMC is the major manufacturer of Apple chips, growth in Apple or new technologies developed by Apple requiring chips (such as Auto or ADAS), then TSMC will gain.</p><p><blockquote>苹果的任何积极发展都会对台积电产生积极影响，而台积电的积极技术发展也会对苹果产生积极影响。例如，只要台积电是苹果芯片、苹果增长或苹果开发的新技术需要芯片（如Auto或ADAS）的主要制造商，那么台积电就会受益。</blockquote></p><p></p><p> Secondly, because of capacity limitations and technology node demands, any expansion in capacity from TSMC will be beneficial to Apple as it moves to smaller nodes while consuming about 25% of TSMC’s chip output on a revenue basis.</p><p><blockquote>其次，由于产能限制和技术节点需求，台积电的任何产能扩张都将有利于苹果，因为它将转向更小的节点，同时按收入计算消耗台积电约 25% 的芯片产量。</blockquote></p><p> UMC is less transparent and doesn’t provide a breakdown by customer. UMC’s primary customers include premier integrated device manufacturers, such as Texas Instruments(NASDAQ:TXN)and Intel Mobile(NASDAQ:INTC), plus leading fabless design companies, such as MediaTek(OTCPK:MDTKF), Realtek, Qualcomm(NASDAQ:QCOM)and Novatek.</p><p><blockquote>UMC 的透明度较低，也没有按客户进行细分。联电的主要客户包括德州仪器（纳斯达克股票代码：TXN）和英特尔移动（纳斯达克股票代码：INTC）等顶级集成设备制造商，以及联发科（OTCPK：MDTKF）、瑞昱、高通（纳斯达克股票代码：QCOM）和诺瓦泰克等领先的无晶圆厂设计公司。</blockquote></p><p> In August 2018, UMC announced it would pause research for advancing the productional technology of chips under 10nm nodes. As shown in the figure above, since 2018, the corresponding proportion of the company's advanced processes has been reduced to zero, but for mature nodes such as 65nm and 28nm, the proportion has been increased.</p><p><blockquote>2018年8月，联电宣布将暂停推进10nm节点以下芯片生产技术的研究。如上图所示，2018年以来，公司先进工艺对应占比降至零，但对于65nm、28nm等成熟节点，占比有所提升。</blockquote></p><p> <b>Investor Takeaways</b>: Is TSM Or UMC Stock A Better Buy?</p><p><blockquote><b>投资者要点</b>：TSM 和 UMC 股票更值得购买吗？</blockquote></p><p> Both companies compete in the same industry, but their business models are a differentiating metric. TSMC generates most of its revenue on nodes smaller than UMC’s (Chart 1), and most of its planned capex will focus new fabs making ICs at increasing smaller nodes.</p><p><blockquote>两家公司在同一行业竞争，但他们的商业模式是一个差异化的指标。台积电的大部分收入来自比联电更小的节点（图 1），其计划中的大部分资本支出将集中在新晶圆厂上，在越来越小的节点上生产集成电路。</blockquote></p><p> <b>TSMC Positives</b></p><p><blockquote><b>台积电积极</b></blockquote></p><p> TSMC’s share of the pure-play foundry market was 57% share in 2020, up from 55% in 2019. UMC’s share was constant at slightly less than 8%.</p><p><blockquote>2020 年，台积电在纯代工市场的份额为 57%，高于 2019 年的 55%。联电的份额稳定在略低于 8%。</blockquote></p><p> TSMC benefits from the smaller nodes. Although capex increases with decreasing nodes (Chart 3), so too does gross profit (Chart 2). Thus, TSM has higher revenues than UMC: $48.2B vs $6.283B.</p><p><blockquote>台积电受益于较小的节点。尽管资本支出随着节点的减少而增加（图 3），但毛利润也会增加（图 2）。因此，TSM 的收入高于 UMC：$48.2B 对 $6.283B。</blockquote></p><p> <ul>  <li>TSMC also has higher annual earnings (EBITDA): $33B vs. UMC $2.349B.</p><p><blockquote><ul><li>台积电的年度收益 (EBITDA) 也更高：$33B，而联电为$2349B。</li></ul></blockquote></p><p></li>  <li>TSMC ($613B) has a higher market cap than UMC ($23.4B).</p><p><blockquote><li>台积电（$613B）的市值高于联电（$234B）。</li></blockquote></p><p></li>  <li>TSMC has more cash on hand: $23.3B vs. UMC ($3.76B).</p><p><blockquote><li>台积电手头有更多现金：$23.3B 对 UMC（$3.76B）。</li></blockquote></p><p></li>  <li>TSMC has a higher EPS (3.99) than UMC (0.59).</p><p><blockquote><li>台积电的每股收益（3.99）高于联电（0.59）。</li></blockquote></p><p></li> </ul> Seeking Alpha’s quant ratings are derived by measuring a stock's financial metrics against other stocks in the sector on the basis of value, growth, profitability, momentum and analysts’ earnings revisions. In Table 1, both stocks have high rankings. TSMC has a quant rating of 4.63 and UMC has a quant rating of 4.54.</p><p><blockquote>Seeking Alpha 的量化评级是通过根据价值、增长、盈利能力、势头和分析师的盈利修正来衡量股票与行业内其他股票的财务指标得出的。在表1中，两只股票的排名都很高。台积电的量化评级为4.63，联电的量化评级为4.54。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/55db72bd38ddd1d46c2ec7a6ccf6307f\" tg-width=\"640\" tg-height=\"117\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Gross margin for TSMC and UMC is shown in Table 2. A positive for TSMC, gross margin is significantly ahead of UMC and the average of all foundries. The Street expects 3Q21 gross margin will improve to 52.9%, given a higher revenue scale, tight foundry supply and improved efficiency of 5nm production.</p><p><blockquote>台积电及联电之毛利率如表2所示。对台积电来说是一个利好，毛利率明显领先于联电和所有代工厂的平均水平。鉴于收入规模增加、代工供应紧张以及5nm生产效率提高，华尔街预计2021年第三季度毛利率将提高到52.9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4ab6dce4d14398755080d9db48522121\" tg-width=\"640\" tg-height=\"126\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>UMC Positives</b></p><p><blockquote><b>UMC阳性</b></blockquote></p><p> The comparison of other financial metrics, UMC has stronger financials:</p><p><blockquote>与其他财务指标相比，联电的财务状况更为强劲：</blockquote></p><p> <ul>  <li>UMC has a lower P/E ratio than TSM: 21.8 vs 28.9</p><p><blockquote><ul><li>联电的市盈率低于台积电：21.8 对 28.9</li></ul></blockquote></p><p></li>  <li>UMC has less debt than TSM: $2.47B vs $15.4B.</p><p><blockquote><li>UMC 的债务低于 TSM：$2.47B 对 $15.4B。</li></blockquote></p><p></li>  <li>UMC YTD gains are higher at: 10.558 vs. TSM (8.922).</p><p><blockquote><li>UMC 年初至今涨幅更高，为 10.558 点，而 TSM (8.922) 点。</li></blockquote></p><p></li> </ul> Table 3 shows stock performance in percent growth for TSM and UMC. In the past year, UMC stock has outperformed TSMC, and did so in the 3-year and 5-year period. But in a 10-year period, TSMC is the better choice.</p><p><blockquote>表 3 显示了 TSM 和 UMC 的股票表现百分比增长。在过去的一年里，联电股票的表现优于台积电，在3年和5年期间都是如此。但在10年的时间里，台积电是更好的选择。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7533369f256853d498f5492752417e05\" tg-width=\"640\" tg-height=\"172\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> TSMC is the clear winner over UMC going forward. The company chose its strategy to build chips at the &lt;7nm node. The fact that it is building a 28nm fab in China, the “sweet spot” for UMC, coupled with a new 28nm SMIC (OTCQX:SMICY) fab, will mean lost market share at this node for UMC.</p><p><blockquote>展望未来，台积电显然是超过联电的赢家。该公司选择在&lt;7nm节点制造芯片的策略。事实上，该公司正在中国（联电的 “甜蜜点 ”）建设一座 28 纳米晶圆厂，再加上中芯国际（OTCQX:SMICY）新的 28 纳米晶圆厂，这将意味着联电在该节点的市场份额将会丧失。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4438509-taiwan-semiconductor-vs-united-microelectronics-stock\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","UMC":"联电"},"source_url":"https://seekingalpha.com/article/4438509-taiwan-semiconductor-vs-united-microelectronics-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145284684","content_text":"Summary\n\nTSMC is the world’s largest foundry for making ICs for fabless semiconductor companies, manufacturing 11,617 different products using 281 distinct technologies for 510 different customers.\nTSMC and fellow Taiwan foundry United Microelectronics Corporation are expected to benefit from a chip-supply crisis that is adversely impacting automakers.\nTSMC benefits from a gross margin nearly twice that of UMC.\n40% of revenues are from nodes <14nm, below the smallest node of UMC.\n\nBING-JHEN HONG/iStock Editorial via Getty Images\nTaiwan Semiconductor Manufacturing Company Limited or TSMC (TSM), and United Microelectronics Corporation or UMC (UMC) are both headquartered in Taiwan and both manufacture semiconductors for companies on a contract basis. They both provide high quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry and are defined as pure-play foundries.\nWhile they have similarities, the two companies are vastly different with different business models. TSMC started as and has always been a leading-edge company, manufacturing chips at the smallest dimensions. UMC, on the other hand, Taiwan’s first semiconductor company, has chosen the 14nm node as the smallest dimension it will manufacture.\nTo illustrate the differences in models, Chart 1 shows revenues for both companies based on technology node. The key difference is the <14nm node, where TSMC generated 41.4% of its revenue compared to 0% for UMC.\nChart 1 also shows that TSMC held $43 billion in revenues in 2020 versus $6 billion for UMC. Importantly, it shows also shows the financial dominance of TSMC, since UMC holds second place in the global foundry market.\nChart 1\nMuch of TSMC’s revenues are on the <14nm node, which increased from 29.4% of revenues in 2019 to 41.4% in 2020. Since UMC’s smallest node is 28nm/14nm, UMC is investing heavily at that node, and its share of revenue increased from 11.3% in 2019 to 13.6% in 2020. In contrast, in 2020 TSMC’s share at the 28nm/14nm node decreased to 30.8% from 37.7% in 2019.\nExpanding Capacity\nLeading Edge Nodes\nTSMC generates about 1/3 of its revenues from the 28nm/14nm, and TSMC has 562,000 wafers/month of 8\" capacity, and 745,000 wafers/month of 12\" capacity. The total capacity is 995,000 wafers/month (12-inch equivalent).\nIn TSMC’sQ1 2021 earnings call, TSMC’s VP and CFO Wendell Huang noted:\n\n “In order to meet the increasing demand for our advanced and specialty technologies in the next several years, we have decided to raise our full year 2021 CapEx to be around USD 30 billion. About 80% of the 2021 capital budget will be allocated for advanced process technologies, including 3-nanometer, 5-nanometer and 7-nanometer. About 10% will be spent for advanced packaging and mask making, and about 10% will be spent for specialty technologies.”\n\nTSMC expects to invest about $100 billion through the next 3 years to increase capacity, to support the manufacturing and R&D of leading-edge and specialty technologies. Its N5 is already in its second year of volume production, contributing around 20% of our wafer revenue in 2021. N4 risk production is targeted for second half this year and volume production in 2022.\nAmong TSMC's facilities to go online in the next three to four years are the company's fab in Arizona as well as its first 2nm-capable fab in Taiwan. The company needs to build and equip its N5-capable fab in Arizona. The facility will cost around $12 billion, will have a capacity of 20,000 wafer starts per month (WSPM), and will come online in 2024.\n28nm Nodes\nThe global semiconductor shortage is one of the catalysts prompting foundry manufacturers to build new fabs, particularly at the 28nm node, as many automobile chips are manufactured at that node. While I have devoted four Seeking Alpha articles on trying to pin down what devices are undersupplied and could only find microcontrollers, in this article, I will concede for the sake of argument, that it is not due to hoarding but inept manufacturing supply chains.\nAs a result, governments are spending heavily on this industry to expand the total production capacity. These free handouts are a second catalyst for new 28nm node fab construction.\nA strong demand for wafers from the consumer electronics industry has led to increased shipments of UMC’s 28nm wafers, which saw 18% sequential revenue growth in the last reported quarter. In addition, UMC has been focused on production for the automotive industry as semiconductors for electric and self-driving cars are expected to be a major growth driver for the company. However, global automotive semiconductors are only a $40 billion market, compared to a global semiconductor market of $525 billion. That is growing as more semiconductors are used per vehicle each year and because EVs use more semiconductors than internal combustion vehicles.\nThere is a supply-demand imbalance in mature nodes, as most of the capacity expansion has been in advanced nodes, but companies have not addressed the mature nodes. The technology node is central to the latest auto chip crisis, while at the same time Sony has moved its design of CMOS Integrated Sensors (\"CIS\") for smartphones to 28nm.\nOn April 22, TSMC announced plans to build a chip fabrication facility in China is at the receiving end of opposition from critics. The plant is set to make semiconductors built on the mature 28nm process node. The Nanjing plant currently has an installed capacity of 20,000 wafers per month. An investment of $2.8 billion and expecting mass-production in 2023, the expansion will double capacity to 40,000 wafers per month.\nTSMC has global 562,000 wafers/month of 8\" capacity, and 745,000 wafers/month of 12\" capacity. The total capacity is 995,000 wafers/month (12-inch equivalent). The new fab with a 20,000 wafer per month capacity represents just 2% of the company’s total capacity.\nUMC also expanded its production of 28nm (with a migration to 40nm) process at its Nanke 12-inch Fab 12A P6 plant in Taiwan. It currently has an 87,000 wafer per month capacity. The total investment in the capacity expansion plan is estimated to be approximately NT$100 billion. The P6 expansion is scheduled for production in the second quarter of 2023, and has a capacity of just 10,000 wafers per month.\nThe P6 program is supported by a multi-year's product alignment between UMC and the involved customers that includes a loading protection mechanism that will ensure the P6 capacity is maintained at a healthy loading level.\nUMC has total 12 fabs in production with combined capacity close to 800,000 wafers per month (8-in equivalent).\nPrice Per Wafer\nChart 2 shows the gross profit by node for an IC device. It partially explains the rationale behind TSMC’s business model to move to advanced nodes, while also explaining why the company chose to leave its 28nm node undersupplied until recent external forces prompted it to build its China fab.\nGross profits per 300-mm wafer are $2,835 for a 28nm node versus $8,695 for a 3nm node.\nChart 2\nChart 3 shows capex spend by node for ICs. Capex spend (building + equipment) at 28nm is $100,000 per wafer, which more than triples to $320,000 at 3nm.\nChart 3\nCustomer Base\nChart 4 shows that Apple (AAPL) was the largest customer of TSMC in 2020, representing 21% of revenues. Keep in mind that in addition to TSMC’s processors going into iPhones, TSMC also fabricates the M1, which powers the new MacBook Air, 13-inch MacBook Pro, and Mac mini and is Apple's first custom-designed Arm-based chip for Mac.\nChart 4\nTSMC has upgraded its manufacturing capabilities countless times to keep Apple’s latest chips at the bleeding edge of processor technologies, since its first chip produced for Apple was installed in the Apple iPhone 6 and iPhone 6 Plus, which were introduced on September 9, 2014.\nChart 5 shows that the number of transistors increased from 2 billion for the iPhone 6 to 11.8 billion for the current iPhone 12.\nChart 5\nThus, investors must consider that:\nAny positive developments from Apple will impact TSMC positively, and positive technological developments from TSMC will impact Apple positively. For example, as long as TSMC is the major manufacturer of Apple chips, growth in Apple or new technologies developed by Apple requiring chips (such as Auto or ADAS), then TSMC will gain.\nSecondly, because of capacity limitations and technology node demands, any expansion in capacity from TSMC will be beneficial to Apple as it moves to smaller nodes while consuming about 25% of TSMC’s chip output on a revenue basis.\nUMC is less transparent and doesn’t provide a breakdown by customer. UMC’s primary customers include premier integrated device manufacturers, such as Texas Instruments(NASDAQ:TXN)and Intel Mobile(NASDAQ:INTC), plus leading fabless design companies, such as MediaTek(OTCPK:MDTKF), Realtek, Qualcomm(NASDAQ:QCOM)and Novatek.\nIn August 2018, UMC announced it would pause research for advancing the productional technology of chips under 10nm nodes. As shown in the figure above, since 2018, the corresponding proportion of the company's advanced processes has been reduced to zero, but for mature nodes such as 65nm and 28nm, the proportion has been increased.\nInvestor Takeaways: Is TSM Or UMC Stock A Better Buy?\nBoth companies compete in the same industry, but their business models are a differentiating metric. TSMC generates most of its revenue on nodes smaller than UMC’s (Chart 1), and most of its planned capex will focus new fabs making ICs at increasing smaller nodes.\nTSMC Positives\nTSMC’s share of the pure-play foundry market was 57% share in 2020, up from 55% in 2019. UMC’s share was constant at slightly less than 8%.\nTSMC benefits from the smaller nodes. Although capex increases with decreasing nodes (Chart 3), so too does gross profit (Chart 2). Thus, TSM has higher revenues than UMC: $48.2B vs $6.283B.\n\nTSMC also has higher annual earnings (EBITDA): $33B vs. UMC $2.349B.\nTSMC ($613B) has a higher market cap than UMC ($23.4B).\nTSMC has more cash on hand: $23.3B vs. UMC ($3.76B).\nTSMC has a higher EPS (3.99) than UMC (0.59).\n\nSeeking Alpha’s quant ratings are derived by measuring a stock's financial metrics against other stocks in the sector on the basis of value, growth, profitability, momentum and analysts’ earnings revisions. In Table 1, both stocks have high rankings. TSMC has a quant rating of 4.63 and UMC has a quant rating of 4.54.\n\nGross margin for TSMC and UMC is shown in Table 2. A positive for TSMC, gross margin is significantly ahead of UMC and the average of all foundries. The Street expects 3Q21 gross margin will improve to 52.9%, given a higher revenue scale, tight foundry supply and improved efficiency of 5nm production.\n\nUMC Positives\nThe comparison of other financial metrics, UMC has stronger financials:\n\nUMC has a lower P/E ratio than TSM: 21.8 vs 28.9\nUMC has less debt than TSM: $2.47B vs $15.4B.\nUMC YTD gains are higher at: 10.558 vs. TSM (8.922).\n\nTable 3 shows stock performance in percent growth for TSM and UMC. In the past year, UMC stock has outperformed TSMC, and did so in the 3-year and 5-year period. But in a 10-year period, TSMC is the better choice.\n\nTSMC is the clear winner over UMC going forward. The company chose its strategy to build chips at the <7nm node. The fact that it is building a 28nm fab in China, the “sweet spot” for UMC, coupled with a new 28nm SMIC (OTCQX:SMICY) fab, will mean lost market share at this node for UMC.","news_type":1,"symbols_score_info":{"UMC":0.9,"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":2976,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143982262,"gmtCreate":1625755779856,"gmtModify":1631891382179,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/143982262","repostId":"2149428683","repostType":4,"isVote":1,"tweetType":1,"viewCount":2929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140898036,"gmtCreate":1625644108725,"gmtModify":1631891382185,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍//<a href=\"https://laohu8.com/U/3582170029416720\">@starbu</a>: 👍","listText":"👍//<a href=\"https://laohu8.com/U/3582170029416720\">@starbu</a>: 👍","text":"👍//@starbu: 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17:44","market":"us","language":"en","title":"Nio Expected To Gross 5% More EV Deliveries In 2021 Than Previous Forecast, Says CICC<blockquote>中金公司表示，蔚来预计 2021 年电动汽车交付量将比之前的预测增加 5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107037757","media":"Benzinga","summary":"China International Capital Corporation Limited has updated its forecast for Nio Inc, saying it expects the  Chinese electric vehicle maker to sell 98,000 cars in 2021, 5% more than its previous estimate, as per a cnEVpostreport.What Happened:The China-based investment bank estimates Nio’s production and sales to remain strong in the second half of the year.Nio delivered 21,896 units in the second quarter,near the upper end of the company's 21,000- to 22,000-unit delivery guidance, in line with ","content":"<p><div> China International Capital Corporation Limited has updated its forecast for Nio Inc(NYSE:NIO), saying it expects the  Chinese electric vehicle maker to sell 98,000 cars in 2021, 5% more than its ...</p><p><blockquote><div>中国国际金融有限公司更新了对蔚来（纽约证券交易所股票代码：NIO）的预测，称预计这家中国电动汽车制造商2021年将售出98,000辆汽车，比预期增长5%。</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/21850578/nio-expected-to-gross-5-more-ev-deliveries-in-2021-than-previous-forecast-says-cicc\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/21850578/nio-expected-to-gross-5-more-ev-deliveries-in-2021-than-previous-forecast-says-cicc\">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>Nio Expected To Gross 5% More EV Deliveries In 2021 Than Previous Forecast, Says CICC<blockquote>中金公司表示，蔚来预计 2021 年电动汽车交付量将比之前的预测增加 5%</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 Expected To Gross 5% More EV Deliveries In 2021 Than Previous Forecast, Says CICC<blockquote>中金公司表示，蔚来预计 2021 年电动汽车交付量将比之前的预测增加 5%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-07-06 17:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> China International Capital Corporation Limited has updated its forecast for Nio Inc(NYSE:NIO), saying it expects the  Chinese electric vehicle maker to sell 98,000 cars in 2021, 5% more than its ...</p><p><blockquote><div>中国国际金融有限公司更新了对蔚来（纽约证券交易所股票代码：NIO）的预测，称预计这家中国电动汽车制造商2021年将售出98,000辆汽车，比预期增长5%。</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/21850578/nio-expected-to-gross-5-more-ev-deliveries-in-2021-than-previous-forecast-says-cicc\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/21850578/nio-expected-to-gross-5-more-ev-deliveries-in-2021-than-previous-forecast-says-cicc\">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/analyst-ratings/analyst-color/21/07/21850578/nio-expected-to-gross-5-more-ev-deliveries-in-2021-than-previous-forecast-says-cicc\">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","LI":"理想汽车"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/21850578/nio-expected-to-gross-5-more-ev-deliveries-in-2021-than-previous-forecast-says-cicc","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107037757","content_text":"China International Capital Corporation Limited has updated its forecast for Nio Inc(NYSE:NIO), saying it expects the  Chinese electric vehicle maker to sell 98,000 cars in 2021, 5% more than its previous estimate, as per a cnEVpostreport.\nWhat Happened:The China-based investment bank estimates Nio’s production and sales to remain strong in the second half of the year.\nNio delivered 21,896 units in the second quarter,near the upper end of the company's 21,000- to 22,000-unit delivery guidance, in line with market expectations.\nThe investment bank also raised the sales volume forecast for rival Li Auto(NASDAQ:LI) to 90,000 units, an increase of 12.5%.\nLi Auto’s second-quarter deliveriessoared 166% to 17,575 vehicles compared with a year ago.\nPrice Action:Nio shares closed 0.98% lower at $50.40 on Friday, while Li Auto stock closed 5.8% lower at $32.67.","news_type":1,"symbols_score_info":{"NIO":0.9,"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":2336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154394890,"gmtCreate":1625477005810,"gmtModify":1631891382225,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"🤦‍♀️","listText":"🤦‍♀️","text":"🤦‍♀️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/154394890","repostId":"1121677512","repostType":4,"isVote":1,"tweetType":1,"viewCount":3063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152843756,"gmtCreate":1625283401475,"gmtModify":1631893680150,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Go baba!","listText":"Go baba!","text":"Go baba!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/152843756","repostId":"1146176335","repostType":4,"repost":{"id":"1146176335","kind":"news","pubTimestamp":1625277627,"share":"https://www.laohunote.com/m/news/1146176335?lang=zh_CN&edition=full","pubTime":"2021-07-03 10:00","market":"us","language":"en","title":"Can Alibaba Turn Around Its Woes in the Second Half of 2021?<blockquote>阿里巴巴-SW能在2021年下半年扭转困境吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146176335","media":"The Street","summary":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?Alibaba  -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.Howeve","content":"<p>  Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?  Alibaba&nbsp;(<b>BABA</b>) -Get Report&nbsp;has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.</p><p><blockquote>与大型和超大型同行相比，阿里巴巴-SW一直处于严重落后状态。这种情况会在2021年下半年改变吗？阿里巴巴-SW（<b>爸爸</b>) -Get Report 今年到目前为止一直很糟糕。股票交易一直持续到 2020 年第四季度，但随后一系列问题重创了该股。</blockquote></p><p> Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.</p><p><blockquote>监管机构扰乱了蚂蚁的首次公开募股，然后更深入地挖掘了阿里巴巴-SW并提高了热度。</blockquote></p><p> Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.</p><p><blockquote>投资者不喜欢监管问题，尤其是在我们与中国监管机构打交道时。</blockquote></p><p> However, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.</p><p><blockquote>然而，4月份，阿里巴巴-SW支付了低于预期但仍创纪录的罚款，希望将其监管问题抛诸脑后。尽管如此，该股的反应并未如多头所希望的那样。</blockquote></p><p> All of this comes as the S&amp;P 500 and Nasdaq continue to grind outnew all-time highs.</p><p><blockquote>所有这一切都发生在标普500和纳斯达克继续突破历史新高之际。</blockquote></p><p> It also comes as FAANG stocks continue to trade incredibly well. Alphabet&nbsp;(<b>GOOGL</b>) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix&nbsp;(<b>NFLX</b>) -Get Report&nbsp;is the worst, with a 2.3% drop.</p><p><blockquote>与此同时，FAANG 股票继续表现令人难以置信的良好。Alphabet（<b>GOOGL</b>) - Get Reportis 是表现最好的公司，上半年涨幅接近 40%，而 Netflix (<b>NFLX</b>) -Get Report 最差，下降了 2.3%。</blockquote></p><p> Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.</p><p><blockquote>阿里巴巴-SW上半年表现类似，下跌2.6%。然而，它的表现比高点要糟糕得多，下跌了 30% 以上。</blockquote></p><p> Can it turn around its woes in the second half and start rallying higher?</p><p><blockquote>它能否在下半年扭转颓势并开始走高？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9975f383919ff8cfc34fca49a32d8e8f\" tg-width=\"700\" tg-height=\"494\"></p><p><blockquote></blockquote></p><p> Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.</p><p><blockquote>看涨期权对我来说是一个绝望的乐观主义者，但我觉得阿里巴巴-SW下半场可以有稳定的表现。</blockquote></p><p> The overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon&nbsp;(<b>AMZN</b>) -Get Report.Eventually, it will perform better&nbsp;- it’s a question of “when” and not “if.”</p><p><blockquote>整体市场表现太好了，大型科技股也是如此。业务基本面完好无损，增长强劲。这就像亚马逊（<b>亚马逊</b>)-获取报告。最终，它的表现会更好--这是一个 “何时 ”的问题，而不是 “是否 ”的问题。</blockquote></p><p> Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.</p><p><blockquote>股价继续保持在 210 美元至 212 美元区域，并最近清除了下降趋势阻力（蓝线）。尽管如此，仍有很多障碍。</blockquote></p><p> Specifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.</p><p><blockquote>具体来说，阿里巴巴-SW股票正在与 21 周移动平均线以及 21 个月和 10 个月移动平均线作斗争。</blockquote></p><p> Let’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.</p><p><blockquote>让我们明确一点：这里没有太多看涨的技术成分。如果阿里巴巴-SW股市能在本周的下跌中守住 10 周移动平均线，我会感觉更好。</blockquote></p><p> However, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.</p><p><blockquote>然而，只要它能够保持在 210 美元的水平上方，实际上是 200 周移动平均线上方，我对阿里巴巴-SW未来六个月的走势感到满意。</blockquote></p><p> A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.</p><p><blockquote>突破 235 美元（从而突破上述所有移动平均线障碍）可能会上涨至 250 美元，然后上涨至 263 美元。275美元以上和300美元正在发挥作用。</blockquote></p><p> Keep the risk in mind but this could be a solid second-half rebound play.</p><p><blockquote>记住风险，但这可能是一个坚实的下半场反弹比赛。</blockquote></p><p></p>","source":"lsy1610613172068","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>Can Alibaba Turn Around Its Woes in the Second Half of 2021?<blockquote>阿里巴巴-SW能在2021年下半年扭转困境吗？</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\">\nCan Alibaba Turn Around Its Woes in the Second Half of 2021?<blockquote>阿里巴巴-SW能在2021年下半年扭转困境吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-03 10:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?  Alibaba&nbsp;(<b>BABA</b>) -Get Report&nbsp;has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.</p><p><blockquote>与大型和超大型同行相比，阿里巴巴-SW一直处于严重落后状态。这种情况会在2021年下半年改变吗？阿里巴巴-SW（<b>爸爸</b>) -Get Report 今年到目前为止一直很糟糕。股票交易一直持续到 2020 年第四季度，但随后一系列问题重创了该股。</blockquote></p><p> Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.</p><p><blockquote>监管机构扰乱了蚂蚁的首次公开募股，然后更深入地挖掘了阿里巴巴-SW并提高了热度。</blockquote></p><p> Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.</p><p><blockquote>投资者不喜欢监管问题，尤其是在我们与中国监管机构打交道时。</blockquote></p><p> However, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.</p><p><blockquote>然而，4月份，阿里巴巴-SW支付了低于预期但仍创纪录的罚款，希望将其监管问题抛诸脑后。尽管如此，该股的反应并未如多头所希望的那样。</blockquote></p><p> All of this comes as the S&amp;P 500 and Nasdaq continue to grind outnew all-time highs.</p><p><blockquote>所有这一切都发生在标普500和纳斯达克继续突破历史新高之际。</blockquote></p><p> It also comes as FAANG stocks continue to trade incredibly well. Alphabet&nbsp;(<b>GOOGL</b>) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix&nbsp;(<b>NFLX</b>) -Get Report&nbsp;is the worst, with a 2.3% drop.</p><p><blockquote>与此同时，FAANG 股票继续表现令人难以置信的良好。Alphabet（<b>GOOGL</b>) - Get Reportis 是表现最好的公司，上半年涨幅接近 40%，而 Netflix (<b>NFLX</b>) -Get Report 最差，下降了 2.3%。</blockquote></p><p> Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.</p><p><blockquote>阿里巴巴-SW上半年表现类似，下跌2.6%。然而，它的表现比高点要糟糕得多，下跌了 30% 以上。</blockquote></p><p> Can it turn around its woes in the second half and start rallying higher?</p><p><blockquote>它能否在下半年扭转颓势并开始走高？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9975f383919ff8cfc34fca49a32d8e8f\" tg-width=\"700\" tg-height=\"494\"></p><p><blockquote></blockquote></p><p> Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.</p><p><blockquote>看涨期权对我来说是一个绝望的乐观主义者，但我觉得阿里巴巴-SW下半场可以有稳定的表现。</blockquote></p><p> The overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon&nbsp;(<b>AMZN</b>) -Get Report.Eventually, it will perform better&nbsp;- it’s a question of “when” and not “if.”</p><p><blockquote>整体市场表现太好了，大型科技股也是如此。业务基本面完好无损，增长强劲。这就像亚马逊（<b>亚马逊</b>)-获取报告。最终，它的表现会更好--这是一个 “何时 ”的问题，而不是 “是否 ”的问题。</blockquote></p><p> Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.</p><p><blockquote>股价继续保持在 210 美元至 212 美元区域，并最近清除了下降趋势阻力（蓝线）。尽管如此，仍有很多障碍。</blockquote></p><p> Specifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.</p><p><blockquote>具体来说，阿里巴巴-SW股票正在与 21 周移动平均线以及 21 个月和 10 个月移动平均线作斗争。</blockquote></p><p> Let’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.</p><p><blockquote>让我们明确一点：这里没有太多看涨的技术成分。如果阿里巴巴-SW股市能在本周的下跌中守住 10 周移动平均线，我会感觉更好。</blockquote></p><p> However, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.</p><p><blockquote>然而，只要它能够保持在 210 美元的水平上方，实际上是 200 周移动平均线上方，我对阿里巴巴-SW未来六个月的走势感到满意。</blockquote></p><p> A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.</p><p><blockquote>突破 235 美元（从而突破上述所有移动平均线障碍）可能会上涨至 250 美元，然后上涨至 263 美元。275美元以上和300美元正在发挥作用。</blockquote></p><p> Keep the risk in mind but this could be a solid second-half rebound play.</p><p><blockquote>记住风险，但这可能是一个坚实的下半场反弹比赛。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO\">The Street</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":{"BABA":"阿里巴巴","09618":"京东集团-SW"},"source_url":"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146176335","content_text":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.\nRegulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.\nInvestors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.\nHowever, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.\nAll of this comes as the S&P 500 and Nasdaq continue to grind outnew all-time highs.\nIt also comes as FAANG stocks continue to trade incredibly well. Alphabet (GOOGL) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix (NFLX) -Get Report is the worst, with a 2.3% drop.\nAlibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.\nCan it turn around its woes in the second half and start rallying higher?\n\nCall me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.\nThe overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon (AMZN) -Get Report.Eventually, it will perform better - it’s a question of “when” and not “if.”\nShares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.\nSpecifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.\nLet’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.\nHowever, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.\nA push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.\nKeep the risk in mind but this could be a solid second-half rebound play.","news_type":1,"symbols_score_info":{"09618":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156378192,"gmtCreate":1625199229016,"gmtModify":1631893680153,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156378192","repostId":"1115716000","repostType":4,"isVote":1,"tweetType":1,"viewCount":944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151776596,"gmtCreate":1625110226715,"gmtModify":1631893680156,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/151776596","repostId":"2148189849","repostType":4,"isVote":1,"tweetType":1,"viewCount":1075,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153545302,"gmtCreate":1625038884706,"gmtModify":1631893680160,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Ev💪","listText":"Ev💪","text":"Ev💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/153545302","repostId":"2147558864","repostType":4,"repost":{"id":"2147558864","kind":"highlight","pubTimestamp":1625035341,"share":"https://www.laohunote.com/m/news/2147558864?lang=zh_CN&edition=full","pubTime":"2021-06-30 14:42","market":"hk","language":"en","title":"Tesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示，特斯拉面临来自蔚来的压力，但这些是目前最好的电动汽车投资</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2147558864","media":"MarketWatch","summary":"Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.\n","content":"<p>Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.</p><p><blockquote>大众汽车、通用汽车和其他三家汽车制造商跻身瑞士银行瑞银最喜欢的电动汽车股票名单。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c016bc1ae9557413b5f6cc887e878cfe\" tg-width=\"1260\" tg-height=\"797\" referrerpolicy=\"no-referrer\"><span>Tesla, led by CEO Elon Musk, remains the undisputed leader in electric-vehicles, but faces growing pressure on multiple fronts, UBS said.</span></p><p><blockquote><p class=\"t-img-caption\"><span>瑞银表示，由首席执行官埃隆·马斯克领导的特斯拉仍然是电动汽车领域无可争议的领导者，但在多个方面面临着越来越大的压力。</span></p></blockquote></p><p> Tesla remains the world-leader in electric-vehicles but is under increasing pressure in China, with better opportunities emerging among other automakers for investors keen to play the growing trend, UBS said on Tuesday.</p><p><blockquote>瑞银周二表示，特斯拉仍然是电动汽车领域的全球领导者，但在中国面临越来越大的压力，其他汽车制造商为热衷于把握增长趋势的投资者提供了更好的机会。</blockquote></p><p> Analysts at the Swiss bank <a href=\"https://laohu8.com/S/UBS\">$(UBS)$</a> cut their price target on Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock by 10%, from $730 to $660, citing pressure in China, as well as delays to Tesla's self-driving product and launch of the Model Y in Europe.</p><p><blockquote>瑞士银行分析师<a href=\"https://laohu8.com/S/UBS\">$(瑞银)$</a>下调特斯拉目标价<a href=\"https://laohu8.com/S/TSLA\">$(特斯拉)$</a>股价下跌 10%，从 730 美元涨至 660 美元，原因是中国的压力，以及特斯拉自动驾驶产品和 Model Y 在欧洲推出的延迟。</blockquote></p><p> \"Our key concern shorter-term is that Tesla's demand momentum in China is slowing, and our checks on the ground suggest that BEVs [Battery Electric Vehicles] from domestic brands are gaining further ground vs. Tesla, which may trigger additional pricing action by Tesla and consequently lower gross margins,\" analyst Patrick Hummel said.</p><p><blockquote>“我们短期内的主要担忧是特斯拉在华的需求势头正在放缓，我们的实地检查表明，国产品牌的纯电动汽车（纯电动汽车）相对于特斯拉正在进一步取得进展，这可能会引发特斯拉的额外定价行动，从而降低毛利率，”分析师 Patrick Hummel 表示。</blockquote></p><p> \"The EV launches from competitors with high range, charging performance and attractive value-for-money, could continue to weigh on the value the market is willing to assign to Tesla's long-term growth,\" Hummel added.</p><p><blockquote>胡梅尔补充道：“竞争对手推出的电动汽车具有高续航里程、充电性能和有吸引力的性价比，可能会继续影响市场愿意赋予特斯拉长期增长的价值。”</blockquote></p><p> In China, the pioneering electric-vehicle company led by Elon Musk faces stiff competition from domestic manufacturers like NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, BYD , and XPeng <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>, which all show strong positive momentum, UBS said.</p><p><blockquote>在中国，由埃隆·马斯克领导的电动汽车先驱公司面临着来自蔚来等国内制造商的激烈竞争<a href=\"https://laohu8.com/S/NIO\">$(蔚来)$</a>、比亚迪和小鹏<a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>瑞银表示，所有这些都显示出强劲的积极势头。</blockquote></p><p> Now that most of the major automakers have decided to go all-in on electric-vehicles, with ambitious targets for new product lines a recurring theme among the world's largest car companies, UBS identifies four factors likely to drive outperformance in auto stocks.</p><p><blockquote>现在，大多数主要汽车制造商都决定全力发展电动汽车，新产品线的雄心勃勃的目标成为全球最大汽车公司反复出现的主题，瑞银确定了可能推动汽车股表现优异的四个因素。</blockquote></p><p> They are: a strong EV sales curve, a crystallized portfolio value, excellent regional and segmental exposure, and an ability to pass on higher commodity prices.</p><p><blockquote>它们是：强劲的电动汽车销售曲线、具体化的投资组合价值、出色的区域和细分市场敞口，以及转嫁更高大宗商品价格的能力。</blockquote></p><p> Using these factors, the analysts at UBS found that Volkswagen XE:VOW (#phrase-company?ref=COMPANY%7CXE%3AVOW;onlineSignificance=prominent), the EV leader in Europe and Tesla's fiercest competitor scored best.</p><p><blockquote>利用这些因素，瑞银分析师发现欧洲电动汽车领导者和特斯拉最激烈的竞争对手大众汽车 XE:VOW（#phrase-company?ref=company%7CXE%3AVOW；onlineSignificance=prominent）得分最高。</blockquote></p><p> UBS raised its target price for GM stock--which it rates a buy--to $79 from $75, with the target price for Volkswagen being EUR300 ($357). GM stock is currently trading around $59, while shares in Volkswagen were trading for more than EUR216--implying that both companies could provide attractive returns to investors.</p><p><blockquote>瑞银将通用汽车股票的目标价（评级为买入）从 75 美元上调至 79 美元，大众汽车的目标价为 300 欧元（357 美元）。通用汽车的股价目前约为 59 美元，而大众汽车的股价则超过 216 欧元，这意味着两家公司都可以为投资者提供有吸引力的回报。</blockquote></p><p> South Korea's Hyundai is another company that could emerge as <a href=\"https://laohu8.com/S/AONE\">one</a> of the best re-rating stories as the market comes to realize the value of its assets, UBS said. France's Renault and China's Li Auto <a href=\"https://laohu8.com/S/LI\">$(LI)$</a> rounded out the list of UBS' five most-favoured EV stocks. The bank also raised its target price on Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a>, which it rates neutral, to $16 from $13.</p><p><blockquote>韩国现代汽车是另一家可能成为<a href=\"https://laohu8.com/S/AONE\">一</a>瑞银表示，随着市场意识到其资产价值，这是最好的重新评级故事之一。法国雷诺和中国理想汽车<a href=\"https://laohu8.com/S/LI\">$(李)$</a>完成了瑞银最受欢迎的五只电动汽车股票名单。该银行还提高了福特的目标价<a href=\"https://laohu8.com/S/F\">$(F) $</a>将其评级为中性，从 13 美元上调至 16 美元。</blockquote></p><p> The team at UBS took a hard look at the industry landscape in the wake of its latest electric-vehicle consumer survey, involving more than 11,000 participants in the world's largest EV markets. The results show that \"EV mass adoption is an unstoppable trend with rapidly accelerating momentum,\" the team concluded, with 43% of consumers likely to consider buying a fully-electric car--up from 37% a year ago.</p><p><blockquote>瑞银团队在最新的电动汽车消费者调查中仔细审视了行业格局，该调查涉及全球最大电动汽车市场的 11,000 多名参与者。该团队总结道，结果显示“电动汽车的大规模采用是一个不可阻挡的趋势，而且势头正在迅速加速”，43% 的消费者可能会考虑购买全电动汽车，高于一年前的 37%。</blockquote></p><p> For the first time, fully-electric vehicles are preferred over plug-in hybrids, with keenness for EVs accelerating fastest among American consumers, UBS said. In the wake of the survey, UBS raised its sales forecast for China to 2.5 million EVs in 2021, up from 1.9 million, with a view that EVs will make up 20% of the car market globally by 2025 and 50% by 2030.</p><p><blockquote>瑞银表示，全电动汽车首次比插电式混合动力汽车更受欢迎，美国消费者对电动汽车的热情增长最快。调查结束后，瑞银将2021年中国电动汽车销量预测从190万辆上调至250万辆，预计到2025年电动汽车将占全球汽车市场的20%，到2030年将占50%。</blockquote></p><p> Tesla is still the \"undisputed leader\" in UBS' books. The recent consumer survey was \"solid across the board for Tesla,\" Hummel said, though \"momentum in the quarters ahead is likely more in favor of competitors with a busier launch pipeline.\" In conclusion: Tesla's lead is shrinking, and investors would be well advised to seek out other opportunities for high-growth plays.</p><p><blockquote>在瑞银的账面上，特斯拉仍然是“无可争议的领导者”。胡梅尔表示，最近的消费者调查“对特斯拉来说全面稳健”，尽管“未来几个季度的势头可能更有利于拥有更繁忙上市渠道的竞争对手”。总之：特斯拉的领先优势正在缩小，建议投资者寻找其他高增长机会。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示，特斯拉面临来自蔚来的压力，但这些是目前最好的电动汽车投资</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示，特斯拉面临来自蔚来的压力，但这些是目前最好的电动汽车投资</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-30 14:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.</p><p><blockquote>大众汽车、通用汽车和其他三家汽车制造商跻身瑞士银行瑞银最喜欢的电动汽车股票名单。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c016bc1ae9557413b5f6cc887e878cfe\" tg-width=\"1260\" tg-height=\"797\" referrerpolicy=\"no-referrer\"><span>Tesla, led by CEO Elon Musk, remains the undisputed leader in electric-vehicles, but faces growing pressure on multiple fronts, UBS said.</span></p><p><blockquote><p class=\"t-img-caption\"><span>瑞银表示，由首席执行官埃隆·马斯克领导的特斯拉仍然是电动汽车领域无可争议的领导者，但在多个方面面临着越来越大的压力。</span></p></blockquote></p><p> Tesla remains the world-leader in electric-vehicles but is under increasing pressure in China, with better opportunities emerging among other automakers for investors keen to play the growing trend, UBS said on Tuesday.</p><p><blockquote>瑞银周二表示，特斯拉仍然是电动汽车领域的全球领导者，但在中国面临越来越大的压力，其他汽车制造商为热衷于把握增长趋势的投资者提供了更好的机会。</blockquote></p><p> Analysts at the Swiss bank <a href=\"https://laohu8.com/S/UBS\">$(UBS)$</a> cut their price target on Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock by 10%, from $730 to $660, citing pressure in China, as well as delays to Tesla's self-driving product and launch of the Model Y in Europe.</p><p><blockquote>瑞士银行分析师<a href=\"https://laohu8.com/S/UBS\">$(瑞银)$</a>下调特斯拉目标价<a href=\"https://laohu8.com/S/TSLA\">$(特斯拉)$</a>股价下跌 10%，从 730 美元涨至 660 美元，原因是中国的压力，以及特斯拉自动驾驶产品和 Model Y 在欧洲推出的延迟。</blockquote></p><p> \"Our key concern shorter-term is that Tesla's demand momentum in China is slowing, and our checks on the ground suggest that BEVs [Battery Electric Vehicles] from domestic brands are gaining further ground vs. Tesla, which may trigger additional pricing action by Tesla and consequently lower gross margins,\" analyst Patrick Hummel said.</p><p><blockquote>“我们短期内的主要担忧是特斯拉在华的需求势头正在放缓，我们的实地检查表明，国产品牌的纯电动汽车（纯电动汽车）相对于特斯拉正在进一步取得进展，这可能会引发特斯拉的额外定价行动，从而降低毛利率，”分析师 Patrick Hummel 表示。</blockquote></p><p> \"The EV launches from competitors with high range, charging performance and attractive value-for-money, could continue to weigh on the value the market is willing to assign to Tesla's long-term growth,\" Hummel added.</p><p><blockquote>胡梅尔补充道：“竞争对手推出的电动汽车具有高续航里程、充电性能和有吸引力的性价比，可能会继续影响市场愿意赋予特斯拉长期增长的价值。”</blockquote></p><p> In China, the pioneering electric-vehicle company led by Elon Musk faces stiff competition from domestic manufacturers like NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, BYD , and XPeng <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>, which all show strong positive momentum, UBS said.</p><p><blockquote>在中国，由埃隆·马斯克领导的电动汽车先驱公司面临着来自蔚来等国内制造商的激烈竞争<a href=\"https://laohu8.com/S/NIO\">$(蔚来)$</a>、比亚迪和小鹏<a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>瑞银表示，所有这些都显示出强劲的积极势头。</blockquote></p><p> Now that most of the major automakers have decided to go all-in on electric-vehicles, with ambitious targets for new product lines a recurring theme among the world's largest car companies, UBS identifies four factors likely to drive outperformance in auto stocks.</p><p><blockquote>现在，大多数主要汽车制造商都决定全力发展电动汽车，新产品线的雄心勃勃的目标成为全球最大汽车公司反复出现的主题，瑞银确定了可能推动汽车股表现优异的四个因素。</blockquote></p><p> They are: a strong EV sales curve, a crystallized portfolio value, excellent regional and segmental exposure, and an ability to pass on higher commodity prices.</p><p><blockquote>它们是：强劲的电动汽车销售曲线、具体化的投资组合价值、出色的区域和细分市场敞口，以及转嫁更高大宗商品价格的能力。</blockquote></p><p> Using these factors, the analysts at UBS found that Volkswagen XE:VOW (#phrase-company?ref=COMPANY%7CXE%3AVOW;onlineSignificance=prominent), the EV leader in Europe and Tesla's fiercest competitor scored best.</p><p><blockquote>利用这些因素，瑞银分析师发现欧洲电动汽车领导者和特斯拉最激烈的竞争对手大众汽车 XE:VOW（#phrase-company?ref=company%7CXE%3AVOW；onlineSignificance=prominent）得分最高。</blockquote></p><p> UBS raised its target price for GM stock--which it rates a buy--to $79 from $75, with the target price for Volkswagen being EUR300 ($357). GM stock is currently trading around $59, while shares in Volkswagen were trading for more than EUR216--implying that both companies could provide attractive returns to investors.</p><p><blockquote>瑞银将通用汽车股票的目标价（评级为买入）从 75 美元上调至 79 美元，大众汽车的目标价为 300 欧元（357 美元）。通用汽车的股价目前约为 59 美元，而大众汽车的股价则超过 216 欧元，这意味着两家公司都可以为投资者提供有吸引力的回报。</blockquote></p><p> South Korea's Hyundai is another company that could emerge as <a href=\"https://laohu8.com/S/AONE\">one</a> of the best re-rating stories as the market comes to realize the value of its assets, UBS said. France's Renault and China's Li Auto <a href=\"https://laohu8.com/S/LI\">$(LI)$</a> rounded out the list of UBS' five most-favoured EV stocks. The bank also raised its target price on Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a>, which it rates neutral, to $16 from $13.</p><p><blockquote>韩国现代汽车是另一家可能成为<a href=\"https://laohu8.com/S/AONE\">一</a>瑞银表示，随着市场意识到其资产价值，这是最好的重新评级故事之一。法国雷诺和中国理想汽车<a href=\"https://laohu8.com/S/LI\">$(李)$</a>完成了瑞银最受欢迎的五只电动汽车股票名单。该银行还提高了福特的目标价<a href=\"https://laohu8.com/S/F\">$(F) $</a>将其评级为中性，从 13 美元上调至 16 美元。</blockquote></p><p> The team at UBS took a hard look at the industry landscape in the wake of its latest electric-vehicle consumer survey, involving more than 11,000 participants in the world's largest EV markets. The results show that \"EV mass adoption is an unstoppable trend with rapidly accelerating momentum,\" the team concluded, with 43% of consumers likely to consider buying a fully-electric car--up from 37% a year ago.</p><p><blockquote>瑞银团队在最新的电动汽车消费者调查中仔细审视了行业格局，该调查涉及全球最大电动汽车市场的 11,000 多名参与者。该团队总结道，结果显示“电动汽车的大规模采用是一个不可阻挡的趋势，而且势头正在迅速加速”，43% 的消费者可能会考虑购买全电动汽车，高于一年前的 37%。</blockquote></p><p> For the first time, fully-electric vehicles are preferred over plug-in hybrids, with keenness for EVs accelerating fastest among American consumers, UBS said. In the wake of the survey, UBS raised its sales forecast for China to 2.5 million EVs in 2021, up from 1.9 million, with a view that EVs will make up 20% of the car market globally by 2025 and 50% by 2030.</p><p><blockquote>瑞银表示，全电动汽车首次比插电式混合动力汽车更受欢迎，美国消费者对电动汽车的热情增长最快。调查结束后，瑞银将2021年中国电动汽车销量预测从190万辆上调至250万辆，预计到2025年电动汽车将占全球汽车市场的20%，到2030年将占50%。</blockquote></p><p> Tesla is still the \"undisputed leader\" in UBS' books. The recent consumer survey was \"solid across the board for Tesla,\" Hummel said, though \"momentum in the quarters ahead is likely more in favor of competitors with a busier launch pipeline.\" In conclusion: Tesla's lead is shrinking, and investors would be well advised to seek out other opportunities for high-growth plays.</p><p><blockquote>在瑞银的账面上，特斯拉仍然是“无可争议的领导者”。胡梅尔表示，最近的消费者调查“对特斯拉来说全面稳健”，尽管“未来几个季度的势头可能更有利于拥有更繁忙上市渠道的竞争对手”。总之：特斯拉的领先优势正在缩小，建议投资者寻找其他高增长机会。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/tesla-is-under-pressure-from-nio-but-these-are-the-best-electric-vehicle-investments-right-now-says-ubs-11624980469?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":{"NIO":"蔚来","HYMLY":"Hyundai Motor Co., Ltd.","002594":"比亚迪","XPEV":"小鹏集团","GM":"通用汽车","USB":"美国合众银行","F":"福特汽车","01211":"比亚迪股份","TSLA":"特斯拉","LI":"理想汽车"},"source_url":"https://www.marketwatch.com/story/tesla-is-under-pressure-from-nio-but-these-are-the-best-electric-vehicle-investments-right-now-says-ubs-11624980469?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147558864","content_text":"Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.\nTesla, led by CEO Elon Musk, remains the undisputed leader in electric-vehicles, but faces growing pressure on multiple fronts, UBS said.\nTesla remains the world-leader in electric-vehicles but is under increasing pressure in China, with better opportunities emerging among other automakers for investors keen to play the growing trend, UBS said on Tuesday.\nAnalysts at the Swiss bank $(UBS)$ cut their price target on Tesla $(TSLA)$ stock by 10%, from $730 to $660, citing pressure in China, as well as delays to Tesla's self-driving product and launch of the Model Y in Europe.\n\"Our key concern shorter-term is that Tesla's demand momentum in China is slowing, and our checks on the ground suggest that BEVs [Battery Electric Vehicles] from domestic brands are gaining further ground vs. Tesla, which may trigger additional pricing action by Tesla and consequently lower gross margins,\" analyst Patrick Hummel said.\n\"The EV launches from competitors with high range, charging performance and attractive value-for-money, could continue to weigh on the value the market is willing to assign to Tesla's long-term growth,\" Hummel added.\nIn China, the pioneering electric-vehicle company led by Elon Musk faces stiff competition from domestic manufacturers like NIO $(NIO)$, BYD , and XPeng $(XPEV)$, which all show strong positive momentum, UBS said.\nNow that most of the major automakers have decided to go all-in on electric-vehicles, with ambitious targets for new product lines a recurring theme among the world's largest car companies, UBS identifies four factors likely to drive outperformance in auto stocks.\nThey are: a strong EV sales curve, a crystallized portfolio value, excellent regional and segmental exposure, and an ability to pass on higher commodity prices.\nUsing these factors, the analysts at UBS found that Volkswagen XE:VOW (#phrase-company?ref=COMPANY%7CXE%3AVOW;onlineSignificance=prominent), the EV leader in Europe and Tesla's fiercest competitor scored best.\nUBS raised its target price for GM stock--which it rates a buy--to $79 from $75, with the target price for Volkswagen being EUR300 ($357). GM stock is currently trading around $59, while shares in Volkswagen were trading for more than EUR216--implying that both companies could provide attractive returns to investors.\nSouth Korea's Hyundai is another company that could emerge as one of the best re-rating stories as the market comes to realize the value of its assets, UBS said. France's Renault and China's Li Auto $(LI)$ rounded out the list of UBS' five most-favoured EV stocks. The bank also raised its target price on Ford $(F)$, which it rates neutral, to $16 from $13.\nThe team at UBS took a hard look at the industry landscape in the wake of its latest electric-vehicle consumer survey, involving more than 11,000 participants in the world's largest EV markets. The results show that \"EV mass adoption is an unstoppable trend with rapidly accelerating momentum,\" the team concluded, with 43% of consumers likely to consider buying a fully-electric car--up from 37% a year ago.\nFor the first time, fully-electric vehicles are preferred over plug-in hybrids, with keenness for EVs accelerating fastest among American consumers, UBS said. In the wake of the survey, UBS raised its sales forecast for China to 2.5 million EVs in 2021, up from 1.9 million, with a view that EVs will make up 20% of the car market globally by 2025 and 50% by 2030.\nTesla is still the \"undisputed leader\" in UBS' books. The recent consumer survey was \"solid across the board for Tesla,\" Hummel said, though \"momentum in the quarters ahead is likely more in favor of competitors with a busier launch pipeline.\" In conclusion: Tesla's lead is shrinking, and investors would be well advised to seek out other opportunities for high-growth plays.","news_type":1,"symbols_score_info":{"F":0.9,"GM":0.9,"LI":0.9,"01211":0.9,"USB":0.9,"NIO":0.9,"HYMLY":0.9,"TSLA":0.9,"XPEV":0.9,"002594":0.9}},"isVote":1,"tweetType":1,"viewCount":1099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159950135,"gmtCreate":1624937533327,"gmtModify":1631893680161,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159950135","repostId":"1195734655","repostType":4,"repost":{"id":"1195734655","kind":"news","pubTimestamp":1624932851,"share":"https://www.laohunote.com/m/news/1195734655?lang=zh_CN&edition=full","pubTime":"2021-06-29 10:14","market":"us","language":"en","title":"NIO Will Surpass Tesla as China's Top EV Maker, Navellier Says<blockquote>纳维利尔表示，蔚来将超越特斯拉成为中国最大的电动汽车制造商</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195734655","media":"thestreet","summary":"NIO (NIO) -Get Report shares rose Monday after Louis Navellier, chief investment officer of money ma","content":"<p>NIO&nbsp;(<b>NIO</b>) -Get Report&nbsp;shares rose Monday after Louis Navellier, chief investment officer of money manager Navellier, said the Chinese electric-car maker will surpass Tesla&nbsp;(<b>TSLA</b>) -Get Report&nbsp;in China.</p><p><blockquote>蔚来（<b>蔚来</b>money manager Navellier 首席投资官 Louis Navellier 表示这家中国电动汽车制造商将超越特斯拉 (Get Report) 后，股价周一上涨。<b>特斯拉</b>)-在中国获取报告。</blockquote></p><p> “Another electric vehicle company will eventually displace Tesla as the biggest manufacturer of EVs in China,” he wrote in a commentary.</p><p><blockquote>“他在一篇评论中写道：”另一家电动汽车公司最终将取代特斯拉，成为中国最大的电动汽车制造商。</blockquote></p><p> “I’m talking about NIO. The reality is that this company is on the verge of dominating the EV market in China and Hong Kong.”</p><p><blockquote>“我说的是蔚来。现实情况是，这家公司即将主导中国大陆和中国香港的电动汽车市场。”</blockquote></p><p> NIO American depositary receipts recently traded at $49.23, up 9.2%. They have climbed 27% in the past month amid investor enthusiasm for EVs.</p><p><blockquote>蔚来美国存托凭证最近交易价格为 49.23 美元，上涨 9.2%。由于投资者对电动汽车的热情，过去一个月股价上涨了 27%。</blockquote></p><p> Tesla recently traded at $687.47, up 2.3%, and has gained 9% in the past month.</p><p><blockquote>特斯拉近期交易价格为 687.47 美元，上涨 2.3%，过去一个月上涨 9%。</blockquote></p><p> As for NIO, “the company boasts that it is the ‘next-generation car company,’ as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence,” Navellier said.</p><p><blockquote>至于蔚来，“该公司自诩为'下一代汽车公司'，因为它设计和制造的电动汽车采用了连接、自动驾驶和人工智能方面的最新技术，”纳维利尔说。</blockquote></p><p> “The company is also partnering with cutting-edge chip companies like Nvidia&nbsp;(<b>NVDA</b>) -Get Report.”</p><p><blockquote>“该公司还与英伟达等尖端芯片公司合作（<b>NVDA</b>）——得到报告。”</blockquote></p><p> Earlier this month,NIO said that \"Gemini\" was the code namefor a new high-end electric-vehicle lineup to be launched next year. The move buried speculation that the Shanghai EV maker was looking to release a less-expensive mass-entry-level electric car.</p><p><blockquote>本月早些时候，蔚来表示“Gemini”是明年推出的新高端电动汽车系列的代号。此举掩盖了人们的猜测，即这家上海电动汽车制造商正在寻求发布一款更便宜的大众入门级电动汽车。</blockquote></p><p> NIO supplier JAC Group last month invited bids to build a NIO production line code-named “Gemini” that would produce 60,000 units a year. That sparked speculation that it would be a new entry-level NIO model.</p><p><blockquote>蔚来供应商江淮集团上个月邀请投标建设一条代号为 “Gemini ”的蔚来生产线，该生产线将年产 6 万辆。这引发了人们的猜测，认为这将是一款新的入门级蔚来车型。</blockquote></p><p> Also in June,NIO reported a more than 95% year-over-year increasein deliveries for May. Citi analyst Jeff Chung upgraded the stock to buy from neutral while raising his price target to $58.30 from $57.60.</p><p><blockquote>同样在 6 月份，蔚来汽车公布 5 月份交付量同比增长 95% 以上。花旗分析师 Jeff Chung 将该股评级从中性上调至买入，同时将目标价从 57.60 美元上调至 58.30 美元。</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 Will Surpass Tesla as China's Top EV Maker, Navellier Says<blockquote>纳维利尔表示，蔚来将超越特斯拉成为中国最大的电动汽车制造商</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 Will Surpass Tesla as China's Top EV Maker, Navellier Says<blockquote>纳维利尔表示，蔚来将超越特斯拉成为中国最大的电动汽车制造商</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">thestreet</strong><span class=\"h-time small\">2021-06-29 10:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NIO&nbsp;(<b>NIO</b>) -Get Report&nbsp;shares rose Monday after Louis Navellier, chief investment officer of money manager Navellier, said the Chinese electric-car maker will surpass Tesla&nbsp;(<b>TSLA</b>) -Get Report&nbsp;in China.</p><p><blockquote>蔚来（<b>蔚来</b>money manager Navellier 首席投资官 Louis Navellier 表示这家中国电动汽车制造商将超越特斯拉 (Get Report) 后，股价周一上涨。<b>特斯拉</b>)-在中国获取报告。</blockquote></p><p> “Another electric vehicle company will eventually displace Tesla as the biggest manufacturer of EVs in China,” he wrote in a commentary.</p><p><blockquote>“他在一篇评论中写道：”另一家电动汽车公司最终将取代特斯拉，成为中国最大的电动汽车制造商。</blockquote></p><p> “I’m talking about NIO. The reality is that this company is on the verge of dominating the EV market in China and Hong Kong.”</p><p><blockquote>“我说的是蔚来。现实情况是，这家公司即将主导中国大陆和中国香港的电动汽车市场。”</blockquote></p><p> NIO American depositary receipts recently traded at $49.23, up 9.2%. They have climbed 27% in the past month amid investor enthusiasm for EVs.</p><p><blockquote>蔚来美国存托凭证最近交易价格为 49.23 美元，上涨 9.2%。由于投资者对电动汽车的热情，过去一个月股价上涨了 27%。</blockquote></p><p> Tesla recently traded at $687.47, up 2.3%, and has gained 9% in the past month.</p><p><blockquote>特斯拉近期交易价格为 687.47 美元，上涨 2.3%，过去一个月上涨 9%。</blockquote></p><p> As for NIO, “the company boasts that it is the ‘next-generation car company,’ as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence,” Navellier said.</p><p><blockquote>至于蔚来，“该公司自诩为'下一代汽车公司'，因为它设计和制造的电动汽车采用了连接、自动驾驶和人工智能方面的最新技术，”纳维利尔说。</blockquote></p><p> “The company is also partnering with cutting-edge chip companies like Nvidia&nbsp;(<b>NVDA</b>) -Get Report.”</p><p><blockquote>“该公司还与英伟达等尖端芯片公司合作（<b>NVDA</b>）——得到报告。”</blockquote></p><p> Earlier this month,NIO said that \"Gemini\" was the code namefor a new high-end electric-vehicle lineup to be launched next year. The move buried speculation that the Shanghai EV maker was looking to release a less-expensive mass-entry-level electric car.</p><p><blockquote>本月早些时候，蔚来表示“Gemini”是明年推出的新高端电动汽车系列的代号。此举掩盖了人们的猜测，即这家上海电动汽车制造商正在寻求发布一款更便宜的大众入门级电动汽车。</blockquote></p><p> NIO supplier JAC Group last month invited bids to build a NIO production line code-named “Gemini” that would produce 60,000 units a year. That sparked speculation that it would be a new entry-level NIO model.</p><p><blockquote>蔚来供应商江淮集团上个月邀请投标建设一条代号为 “Gemini ”的蔚来生产线，该生产线将年产 6 万辆。这引发了人们的猜测，认为这将是一款新的入门级蔚来车型。</blockquote></p><p> Also in June,NIO reported a more than 95% year-over-year increasein deliveries for May. Citi analyst Jeff Chung upgraded the stock to buy from neutral while raising his price target to $58.30 from $57.60.</p><p><blockquote>同样在 6 月份，蔚来汽车公布 5 月份交付量同比增长 95% 以上。花旗分析师 Jeff Chung 将该股评级从中性上调至买入，同时将目标价从 57.60 美元上调至 58.30 美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/nio-to-surpass-tesla-in-china-electric-vehicles-navellier-says\">thestreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://www.thestreet.com/investing/nio-to-surpass-tesla-in-china-electric-vehicles-navellier-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195734655","content_text":"NIO (NIO) -Get Report shares rose Monday after Louis Navellier, chief investment officer of money manager Navellier, said the Chinese electric-car maker will surpass Tesla (TSLA) -Get Report in China.\n“Another electric vehicle company will eventually displace Tesla as the biggest manufacturer of EVs in China,” he wrote in a commentary.\n“I’m talking about NIO. The reality is that this company is on the verge of dominating the EV market in China and Hong Kong.”\nNIO American depositary receipts recently traded at $49.23, up 9.2%. They have climbed 27% in the past month amid investor enthusiasm for EVs.\nTesla recently traded at $687.47, up 2.3%, and has gained 9% in the past month.\nAs for NIO, “the company boasts that it is the ‘next-generation car company,’ as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence,” Navellier said.\n“The company is also partnering with cutting-edge chip companies like Nvidia (NVDA) -Get Report.”\nEarlier this month,NIO said that \"Gemini\" was the code namefor a new high-end electric-vehicle lineup to be launched next year. The move buried speculation that the Shanghai EV maker was looking to release a less-expensive mass-entry-level electric car.\nNIO supplier JAC Group last month invited bids to build a NIO production line code-named “Gemini” that would produce 60,000 units a year. That sparked speculation that it would be a new entry-level NIO model.\nAlso in June,NIO reported a more than 95% year-over-year increasein deliveries for May. Citi analyst Jeff Chung upgraded the stock to buy from neutral while raising his price target to $58.30 from $57.60.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127496221,"gmtCreate":1624861147063,"gmtModify":1631893680166,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Sounds gd","listText":"Sounds gd","text":"Sounds gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/127496221","repostId":"1159433692","repostType":4,"repost":{"id":"1159433692","kind":"news","pubTimestamp":1624859723,"share":"https://www.laohunote.com/m/news/1159433692?lang=zh_CN&edition=full","pubTime":"2021-06-28 13:55","market":"us","language":"en","title":"Nio Opens Another 5 Battery Swap Stations In China As Part of Aggressive Expansion Strategy<blockquote>作为积极扩张战略的一部分，蔚来在中国再开设 5 个换电站</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159433692","media":"Benzinga","summary":"Nio Inc. has opened five new battery swap stations in China as the Chinese electric vehicle maker em","content":"<p><div> Nio Inc. has opened five new battery swap stations in China as the Chinese electric vehicle maker embarks on an aggressive expansion strategy, cnEVpostreportedSunday. What Happened: Nio now has a ...</p><p><blockquote><div>据 CNEVPOST 周日报道，随着这家中国电动汽车制造商开始积极的扩张战略，蔚来已在中国开设了五个新的换电站。发生了什么：蔚来现在有一个……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">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>Nio Opens Another 5 Battery Swap Stations In China As Part of Aggressive Expansion Strategy<blockquote>作为积极扩张战略的一部分，蔚来在中国再开设 5 个换电站</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 Opens Another 5 Battery Swap Stations In China As Part of Aggressive Expansion Strategy<blockquote>作为积极扩张战略的一部分，蔚来在中国再开设 5 个换电站</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-06-28 13:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Nio Inc. has opened five new battery swap stations in China as the Chinese electric vehicle maker embarks on an aggressive expansion strategy, cnEVpostreportedSunday. What Happened: Nio now has a ...</p><p><blockquote><div>据 CNEVPOST 周日报道，随着这家中国电动汽车制造商开始积极的扩张战略，蔚来已在中国开设了五个新的换电站。发生了什么：蔚来现在有一个……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">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/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">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","TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159433692","content_text":"Nio Inc. has opened five new battery swap stations in China as the Chinese electric vehicle maker embarks on an aggressive expansion strategy, cnEVpostreportedSunday.\nWhat Happened: Nio now has a total of 282 battery swap stations in China, as per the report.\nIn addition, the company currently has 194 supercharging stations, 371 destination charging stations and access to more than 380,000 third-party charging piles in China, the report added.\nWhy It Matters:Seen as a Tesla Inc. rival, Nio has pioneered the concept ofbattery-as-a-servicethat would allow users to rent a battery instead of purchasing one, helping to trim the cost for EV owners.\nNio’s second-generation battery swap station,unveiledin January this year, can accommodate 13 batteries and has a daily capacity of up to 312 swaps. Battery-swapping provides the advantage of saving time as opposed to charging.\nNio aims to have 500 battery swap stations in operation nationwide by the end of this year. Several government departments and Chinese cities have supported the construction of battery swap infrastructure.\nHowever, Ark Invest analyst Sam Korus said in a note in May thatgovernment support in the form of subsidieswill harm Nio's global ambitions in the long run. The economics associated with battery swapping will lead to design constraints and shortened battery lives, according to the analyst.\nPrice Action: Nio shares closed almost 0.9% lower in Friday’s trading session at $45.07.","news_type":1,"symbols_score_info":{"NIO":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124432440,"gmtCreate":1624778609280,"gmtModify":1631893680166,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Keep going","listText":"Keep going","text":"Keep going","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/124432440","repostId":"1104974895","repostType":4,"repost":{"id":"1104974895","kind":"news","pubTimestamp":1624764940,"share":"https://www.laohunote.com/m/news/1104974895?lang=zh_CN&edition=full","pubTime":"2021-06-27 11:35","market":"us","language":"en","title":"Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到了 2 万亿美元。还没完成。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104974895","media":"Barrons","summary":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,wh","content":"<p>Microsoft&nbsp;is now the second company to boast a $2 trillion market capitalization, following&nbsp;Apple,which breached that level last August. And Microsoft may go higher yet.</p><p><blockquote>微软现在是继去年 8 月突破这一水平的苹果之后第二家拥有 2 万亿美元市值的公司。微软可能还会走高。</blockquote></p><p> Wedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.</p><p><blockquote>Wedbush 分析师丹尼尔·艾夫斯 (Daniel Ives) 上周重申了他对这家软件巨头的跑赢大盘评级，将该股目标价从 310 美元上调至 325 美元。这意味着潜在收益将超过 20%，公司市值将达到 2.4 万亿美元。他对这只股票的热情是由微软的云业务 Azure 推动的。</blockquote></p><p> On Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”</p><p><blockquote>周三，微软股价小幅上涨 0.1%，至 265.79 美元，创下新高，市值达到 2.004 万亿美元。（苹果的市值约为 2.2 万亿美元。）艾夫斯指出，6 月份的渠道检查发现对 Azure 的需求有所改善。“他写道：”Azure 云的增长故事正在进入下一个增长阶段。“随着企业范围内的数字化转型转型加速，首席信息官们都专注于让各自的企业为云驱动的架构做好准备，我们看到交易规模将继续显著增加。”</blockquote></p><p> Wall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.</p><p><blockquote>艾夫斯写道，华尔街担心大流行病后的云增长会放缓，这与微软的交易活动背道而驰，并指出 6 月份的季度业绩似乎 “强劲”。他认为微软将其安装的应用程序基础转化为云的进度仍然只有大约35%。</blockquote></p><p> Ives sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”</p><p><blockquote>艾夫斯认为，持续的全球 “数字化转型 ”是一个价值 1 万亿美元的机遇，并表示微软将从中受益不成比例。“他写道：”微软仍然是我们最喜欢的大盘云公司，我们相信该股将在未来几个季度开始走高。“微软的增长故事并没有放缓”。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/19e4bb0961389beaa2711931e02dc060\" tg-width=\"970\" tg-height=\"672\"><img src=\"https://static.tigerbbs.com/1a62e0638b1f4f9c28301e4d93721571\" tg-width=\"981\" tg-height=\"684\"></p><p><blockquote></blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到了 2 万亿美元。还没完成。</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\">\nMicrosoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到了 2 万亿美元。还没完成。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-27 11:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Microsoft&nbsp;is now the second company to boast a $2 trillion market capitalization, following&nbsp;Apple,which breached that level last August. And Microsoft may go higher yet.</p><p><blockquote>微软现在是继去年 8 月突破这一水平的苹果之后第二家拥有 2 万亿美元市值的公司。微软可能还会走高。</blockquote></p><p> Wedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.</p><p><blockquote>Wedbush 分析师丹尼尔·艾夫斯 (Daniel Ives) 上周重申了他对这家软件巨头的跑赢大盘评级，将该股目标价从 310 美元上调至 325 美元。这意味着潜在收益将超过 20%，公司市值将达到 2.4 万亿美元。他对这只股票的热情是由微软的云业务 Azure 推动的。</blockquote></p><p> On Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”</p><p><blockquote>周三，微软股价小幅上涨 0.1%，至 265.79 美元，创下新高，市值达到 2.004 万亿美元。（苹果的市值约为 2.2 万亿美元。）艾夫斯指出，6 月份的渠道检查发现对 Azure 的需求有所改善。“他写道：”Azure 云的增长故事正在进入下一个增长阶段。“随着企业范围内的数字化转型转型加速，首席信息官们都专注于让各自的企业为云驱动的架构做好准备，我们看到交易规模将继续显著增加。”</blockquote></p><p> Wall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.</p><p><blockquote>艾夫斯写道，华尔街担心大流行病后的云增长会放缓，这与微软的交易活动背道而驰，并指出 6 月份的季度业绩似乎 “强劲”。他认为微软将其安装的应用程序基础转化为云的进度仍然只有大约35%。</blockquote></p><p> Ives sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”</p><p><blockquote>艾夫斯认为，持续的全球 “数字化转型 ”是一个价值 1 万亿美元的机遇，并表示微软将从中受益不成比例。“他写道：”微软仍然是我们最喜欢的大盘云公司，我们相信该股将在未来几个季度开始走高。“微软的增长故事并没有放缓”。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/19e4bb0961389beaa2711931e02dc060\" tg-width=\"970\" tg-height=\"672\"><img src=\"https://static.tigerbbs.com/1a62e0638b1f4f9c28301e4d93721571\" tg-width=\"981\" tg-height=\"684\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104974895","content_text":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.\nWedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.\nOn Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”\nWall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.\nIves sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":856,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124921613,"gmtCreate":1624721368032,"gmtModify":1631893680173,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/124921613","repostId":"1164137597","repostType":4,"isVote":1,"tweetType":1,"viewCount":783,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122107040,"gmtCreate":1624601704580,"gmtModify":1631893680175,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/122107040","repostId":"2146021046","repostType":4,"isVote":1,"tweetType":1,"viewCount":1039,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122375172,"gmtCreate":1624600900896,"gmtModify":1631893680177,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122375172","repostId":"1160571601","repostType":4,"isVote":1,"tweetType":1,"viewCount":1016,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":800358462,"gmtCreate":1627280947556,"gmtModify":1631891382137,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/800358462","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":2331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127496221,"gmtCreate":1624861147063,"gmtModify":1631893680166,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Sounds gd","listText":"Sounds gd","text":"Sounds gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/127496221","repostId":"1159433692","repostType":4,"repost":{"id":"1159433692","kind":"news","pubTimestamp":1624859723,"share":"https://www.laohunote.com/m/news/1159433692?lang=zh_CN&edition=full","pubTime":"2021-06-28 13:55","market":"us","language":"en","title":"Nio Opens Another 5 Battery Swap Stations In China As Part of Aggressive Expansion Strategy<blockquote>作为积极扩张战略的一部分，蔚来在中国再开设 5 个换电站</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159433692","media":"Benzinga","summary":"Nio Inc. has opened five new battery swap stations in China as the Chinese electric vehicle maker em","content":"<p><div> Nio Inc. has opened five new battery swap stations in China as the Chinese electric vehicle maker embarks on an aggressive expansion strategy, cnEVpostreportedSunday. What Happened: Nio now has a ...</p><p><blockquote><div>据 CNEVPOST 周日报道，随着这家中国电动汽车制造商开始积极的扩张战略，蔚来已在中国开设了五个新的换电站。发生了什么：蔚来现在有一个……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">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>Nio Opens Another 5 Battery Swap Stations In China As Part of Aggressive Expansion Strategy<blockquote>作为积极扩张战略的一部分，蔚来在中国再开设 5 个换电站</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 Opens Another 5 Battery Swap Stations In China As Part of Aggressive Expansion Strategy<blockquote>作为积极扩张战略的一部分，蔚来在中国再开设 5 个换电站</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-06-28 13:55</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Nio Inc. has opened five new battery swap stations in China as the Chinese electric vehicle maker embarks on an aggressive expansion strategy, cnEVpostreportedSunday. What Happened: Nio now has a ...</p><p><blockquote><div>据 CNEVPOST 周日报道，随着这家中国电动汽车制造商开始积极的扩张战略，蔚来已在中国开设了五个新的换电站。发生了什么：蔚来现在有一个……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">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/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy\">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","TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/news/21/06/21737645/nio-opens-another-5-battery-swap-stations-in-china-as-part-of-aggressive-expansion-strategy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159433692","content_text":"Nio Inc. has opened five new battery swap stations in China as the Chinese electric vehicle maker embarks on an aggressive expansion strategy, cnEVpostreportedSunday.\nWhat Happened: Nio now has a total of 282 battery swap stations in China, as per the report.\nIn addition, the company currently has 194 supercharging stations, 371 destination charging stations and access to more than 380,000 third-party charging piles in China, the report added.\nWhy It Matters:Seen as a Tesla Inc. rival, Nio has pioneered the concept ofbattery-as-a-servicethat would allow users to rent a battery instead of purchasing one, helping to trim the cost for EV owners.\nNio’s second-generation battery swap station,unveiledin January this year, can accommodate 13 batteries and has a daily capacity of up to 312 swaps. Battery-swapping provides the advantage of saving time as opposed to charging.\nNio aims to have 500 battery swap stations in operation nationwide by the end of this year. Several government departments and Chinese cities have supported the construction of battery swap infrastructure.\nHowever, Ark Invest analyst Sam Korus said in a note in May thatgovernment support in the form of subsidieswill harm Nio's global ambitions in the long run. The economics associated with battery swapping will lead to design constraints and shortened battery lives, according to the analyst.\nPrice Action: Nio shares closed almost 0.9% lower in Friday’s trading session at $45.07.","news_type":1,"symbols_score_info":{"NIO":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182549304,"gmtCreate":1623592110808,"gmtModify":1634031354151,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/182549304","repostId":"2142788912","repostType":4,"isVote":1,"tweetType":1,"viewCount":844,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152843756,"gmtCreate":1625283401475,"gmtModify":1631893680150,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Go baba!","listText":"Go baba!","text":"Go baba!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/152843756","repostId":"1146176335","repostType":4,"repost":{"id":"1146176335","kind":"news","pubTimestamp":1625277627,"share":"https://www.laohunote.com/m/news/1146176335?lang=zh_CN&edition=full","pubTime":"2021-07-03 10:00","market":"us","language":"en","title":"Can Alibaba Turn Around Its Woes in the Second Half of 2021?<blockquote>阿里巴巴-SW能在2021年下半年扭转困境吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146176335","media":"The Street","summary":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?Alibaba  -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.Howeve","content":"<p>  Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?  Alibaba&nbsp;(<b>BABA</b>) -Get Report&nbsp;has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.</p><p><blockquote>与大型和超大型同行相比，阿里巴巴-SW一直处于严重落后状态。这种情况会在2021年下半年改变吗？阿里巴巴-SW（<b>爸爸</b>) -Get Report 今年到目前为止一直很糟糕。股票交易一直持续到 2020 年第四季度，但随后一系列问题重创了该股。</blockquote></p><p> Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.</p><p><blockquote>监管机构扰乱了蚂蚁的首次公开募股，然后更深入地挖掘了阿里巴巴-SW并提高了热度。</blockquote></p><p> Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.</p><p><blockquote>投资者不喜欢监管问题，尤其是在我们与中国监管机构打交道时。</blockquote></p><p> However, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.</p><p><blockquote>然而，4月份，阿里巴巴-SW支付了低于预期但仍创纪录的罚款，希望将其监管问题抛诸脑后。尽管如此，该股的反应并未如多头所希望的那样。</blockquote></p><p> All of this comes as the S&amp;P 500 and Nasdaq continue to grind outnew all-time highs.</p><p><blockquote>所有这一切都发生在标普500和纳斯达克继续突破历史新高之际。</blockquote></p><p> It also comes as FAANG stocks continue to trade incredibly well. Alphabet&nbsp;(<b>GOOGL</b>) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix&nbsp;(<b>NFLX</b>) -Get Report&nbsp;is the worst, with a 2.3% drop.</p><p><blockquote>与此同时，FAANG 股票继续表现令人难以置信的良好。Alphabet（<b>GOOGL</b>) - Get Reportis 是表现最好的公司，上半年涨幅接近 40%，而 Netflix (<b>NFLX</b>) -Get Report 最差，下降了 2.3%。</blockquote></p><p> Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.</p><p><blockquote>阿里巴巴-SW上半年表现类似，下跌2.6%。然而，它的表现比高点要糟糕得多，下跌了 30% 以上。</blockquote></p><p> Can it turn around its woes in the second half and start rallying higher?</p><p><blockquote>它能否在下半年扭转颓势并开始走高？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9975f383919ff8cfc34fca49a32d8e8f\" tg-width=\"700\" tg-height=\"494\"></p><p><blockquote></blockquote></p><p> Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.</p><p><blockquote>看涨期权对我来说是一个绝望的乐观主义者，但我觉得阿里巴巴-SW下半场可以有稳定的表现。</blockquote></p><p> The overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon&nbsp;(<b>AMZN</b>) -Get Report.Eventually, it will perform better&nbsp;- it’s a question of “when” and not “if.”</p><p><blockquote>整体市场表现太好了，大型科技股也是如此。业务基本面完好无损，增长强劲。这就像亚马逊（<b>亚马逊</b>)-获取报告。最终，它的表现会更好--这是一个 “何时 ”的问题，而不是 “是否 ”的问题。</blockquote></p><p> Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.</p><p><blockquote>股价继续保持在 210 美元至 212 美元区域，并最近清除了下降趋势阻力（蓝线）。尽管如此，仍有很多障碍。</blockquote></p><p> Specifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.</p><p><blockquote>具体来说，阿里巴巴-SW股票正在与 21 周移动平均线以及 21 个月和 10 个月移动平均线作斗争。</blockquote></p><p> Let’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.</p><p><blockquote>让我们明确一点：这里没有太多看涨的技术成分。如果阿里巴巴-SW股市能在本周的下跌中守住 10 周移动平均线，我会感觉更好。</blockquote></p><p> However, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.</p><p><blockquote>然而，只要它能够保持在 210 美元的水平上方，实际上是 200 周移动平均线上方，我对阿里巴巴-SW未来六个月的走势感到满意。</blockquote></p><p> A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.</p><p><blockquote>突破 235 美元（从而突破上述所有移动平均线障碍）可能会上涨至 250 美元，然后上涨至 263 美元。275美元以上和300美元正在发挥作用。</blockquote></p><p> Keep the risk in mind but this could be a solid second-half rebound play.</p><p><blockquote>记住风险，但这可能是一个坚实的下半场反弹比赛。</blockquote></p><p></p>","source":"lsy1610613172068","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>Can Alibaba Turn Around Its Woes in the Second Half of 2021?<blockquote>阿里巴巴-SW能在2021年下半年扭转困境吗？</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\">\nCan Alibaba Turn Around Its Woes in the Second Half of 2021?<blockquote>阿里巴巴-SW能在2021年下半年扭转困境吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-03 10:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?  Alibaba&nbsp;(<b>BABA</b>) -Get Report&nbsp;has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.</p><p><blockquote>与大型和超大型同行相比，阿里巴巴-SW一直处于严重落后状态。这种情况会在2021年下半年改变吗？阿里巴巴-SW（<b>爸爸</b>) -Get Report 今年到目前为止一直很糟糕。股票交易一直持续到 2020 年第四季度，但随后一系列问题重创了该股。</blockquote></p><p> Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.</p><p><blockquote>监管机构扰乱了蚂蚁的首次公开募股，然后更深入地挖掘了阿里巴巴-SW并提高了热度。</blockquote></p><p> Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.</p><p><blockquote>投资者不喜欢监管问题，尤其是在我们与中国监管机构打交道时。</blockquote></p><p> However, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.</p><p><blockquote>然而，4月份，阿里巴巴-SW支付了低于预期但仍创纪录的罚款，希望将其监管问题抛诸脑后。尽管如此，该股的反应并未如多头所希望的那样。</blockquote></p><p> All of this comes as the S&amp;P 500 and Nasdaq continue to grind outnew all-time highs.</p><p><blockquote>所有这一切都发生在标普500和纳斯达克继续突破历史新高之际。</blockquote></p><p> It also comes as FAANG stocks continue to trade incredibly well. Alphabet&nbsp;(<b>GOOGL</b>) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix&nbsp;(<b>NFLX</b>) -Get Report&nbsp;is the worst, with a 2.3% drop.</p><p><blockquote>与此同时，FAANG 股票继续表现令人难以置信的良好。Alphabet（<b>GOOGL</b>) - Get Reportis 是表现最好的公司，上半年涨幅接近 40%，而 Netflix (<b>NFLX</b>) -Get Report 最差，下降了 2.3%。</blockquote></p><p> Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.</p><p><blockquote>阿里巴巴-SW上半年表现类似，下跌2.6%。然而，它的表现比高点要糟糕得多，下跌了 30% 以上。</blockquote></p><p> Can it turn around its woes in the second half and start rallying higher?</p><p><blockquote>它能否在下半年扭转颓势并开始走高？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9975f383919ff8cfc34fca49a32d8e8f\" tg-width=\"700\" tg-height=\"494\"></p><p><blockquote></blockquote></p><p> Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.</p><p><blockquote>看涨期权对我来说是一个绝望的乐观主义者，但我觉得阿里巴巴-SW下半场可以有稳定的表现。</blockquote></p><p> The overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon&nbsp;(<b>AMZN</b>) -Get Report.Eventually, it will perform better&nbsp;- it’s a question of “when” and not “if.”</p><p><blockquote>整体市场表现太好了，大型科技股也是如此。业务基本面完好无损，增长强劲。这就像亚马逊（<b>亚马逊</b>)-获取报告。最终，它的表现会更好--这是一个 “何时 ”的问题，而不是 “是否 ”的问题。</blockquote></p><p> Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.</p><p><blockquote>股价继续保持在 210 美元至 212 美元区域，并最近清除了下降趋势阻力（蓝线）。尽管如此，仍有很多障碍。</blockquote></p><p> Specifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.</p><p><blockquote>具体来说，阿里巴巴-SW股票正在与 21 周移动平均线以及 21 个月和 10 个月移动平均线作斗争。</blockquote></p><p> Let’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.</p><p><blockquote>让我们明确一点：这里没有太多看涨的技术成分。如果阿里巴巴-SW股市能在本周的下跌中守住 10 周移动平均线，我会感觉更好。</blockquote></p><p> However, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.</p><p><blockquote>然而，只要它能够保持在 210 美元的水平上方，实际上是 200 周移动平均线上方，我对阿里巴巴-SW未来六个月的走势感到满意。</blockquote></p><p> A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.</p><p><blockquote>突破 235 美元（从而突破上述所有移动平均线障碍）可能会上涨至 250 美元，然后上涨至 263 美元。275美元以上和300美元正在发挥作用。</blockquote></p><p> Keep the risk in mind but this could be a solid second-half rebound play.</p><p><blockquote>记住风险，但这可能是一个坚实的下半场反弹比赛。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO\">The Street</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":{"BABA":"阿里巴巴","09618":"京东集团-SW"},"source_url":"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146176335","content_text":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.\nRegulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.\nInvestors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.\nHowever, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.\nAll of this comes as the S&P 500 and Nasdaq continue to grind outnew all-time highs.\nIt also comes as FAANG stocks continue to trade incredibly well. Alphabet (GOOGL) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix (NFLX) -Get Report is the worst, with a 2.3% drop.\nAlibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.\nCan it turn around its woes in the second half and start rallying higher?\n\nCall me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.\nThe overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon (AMZN) -Get Report.Eventually, it will perform better - it’s a question of “when” and not “if.”\nShares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.\nSpecifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.\nLet’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.\nHowever, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.\nA push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.\nKeep the risk in mind but this could be a solid second-half rebound play.","news_type":1,"symbols_score_info":{"09618":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801432166,"gmtCreate":1627527046555,"gmtModify":1631891382127,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801432166","repostId":"2155438974","repostType":4,"isVote":1,"tweetType":1,"viewCount":4151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148277136,"gmtCreate":1625983687925,"gmtModify":1631891382150,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/148277136","repostId":"2150326565","repostType":4,"isVote":1,"tweetType":1,"viewCount":2990,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143982262,"gmtCreate":1625755779856,"gmtModify":1631891382179,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/143982262","repostId":"2149428683","repostType":4,"isVote":1,"tweetType":1,"viewCount":2929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151776596,"gmtCreate":1625110226715,"gmtModify":1631893680156,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/151776596","repostId":"2148189849","repostType":4,"isVote":1,"tweetType":1,"viewCount":1075,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153545302,"gmtCreate":1625038884706,"gmtModify":1631893680160,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Ev💪","listText":"Ev💪","text":"Ev💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/153545302","repostId":"2147558864","repostType":4,"repost":{"id":"2147558864","kind":"highlight","pubTimestamp":1625035341,"share":"https://www.laohunote.com/m/news/2147558864?lang=zh_CN&edition=full","pubTime":"2021-06-30 14:42","market":"hk","language":"en","title":"Tesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示，特斯拉面临来自蔚来的压力，但这些是目前最好的电动汽车投资</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2147558864","media":"MarketWatch","summary":"Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.\n","content":"<p>Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.</p><p><blockquote>大众汽车、通用汽车和其他三家汽车制造商跻身瑞士银行瑞银最喜欢的电动汽车股票名单。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c016bc1ae9557413b5f6cc887e878cfe\" tg-width=\"1260\" tg-height=\"797\" referrerpolicy=\"no-referrer\"><span>Tesla, led by CEO Elon Musk, remains the undisputed leader in electric-vehicles, but faces growing pressure on multiple fronts, UBS said.</span></p><p><blockquote><p class=\"t-img-caption\"><span>瑞银表示，由首席执行官埃隆·马斯克领导的特斯拉仍然是电动汽车领域无可争议的领导者，但在多个方面面临着越来越大的压力。</span></p></blockquote></p><p> Tesla remains the world-leader in electric-vehicles but is under increasing pressure in China, with better opportunities emerging among other automakers for investors keen to play the growing trend, UBS said on Tuesday.</p><p><blockquote>瑞银周二表示，特斯拉仍然是电动汽车领域的全球领导者，但在中国面临越来越大的压力，其他汽车制造商为热衷于把握增长趋势的投资者提供了更好的机会。</blockquote></p><p> Analysts at the Swiss bank <a href=\"https://laohu8.com/S/UBS\">$(UBS)$</a> cut their price target on Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock by 10%, from $730 to $660, citing pressure in China, as well as delays to Tesla's self-driving product and launch of the Model Y in Europe.</p><p><blockquote>瑞士银行分析师<a href=\"https://laohu8.com/S/UBS\">$(瑞银)$</a>下调特斯拉目标价<a href=\"https://laohu8.com/S/TSLA\">$(特斯拉)$</a>股价下跌 10%，从 730 美元涨至 660 美元，原因是中国的压力，以及特斯拉自动驾驶产品和 Model Y 在欧洲推出的延迟。</blockquote></p><p> \"Our key concern shorter-term is that Tesla's demand momentum in China is slowing, and our checks on the ground suggest that BEVs [Battery Electric Vehicles] from domestic brands are gaining further ground vs. Tesla, which may trigger additional pricing action by Tesla and consequently lower gross margins,\" analyst Patrick Hummel said.</p><p><blockquote>“我们短期内的主要担忧是特斯拉在华的需求势头正在放缓，我们的实地检查表明，国产品牌的纯电动汽车（纯电动汽车）相对于特斯拉正在进一步取得进展，这可能会引发特斯拉的额外定价行动，从而降低毛利率，”分析师 Patrick Hummel 表示。</blockquote></p><p> \"The EV launches from competitors with high range, charging performance and attractive value-for-money, could continue to weigh on the value the market is willing to assign to Tesla's long-term growth,\" Hummel added.</p><p><blockquote>胡梅尔补充道：“竞争对手推出的电动汽车具有高续航里程、充电性能和有吸引力的性价比，可能会继续影响市场愿意赋予特斯拉长期增长的价值。”</blockquote></p><p> In China, the pioneering electric-vehicle company led by Elon Musk faces stiff competition from domestic manufacturers like NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, BYD , and XPeng <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>, which all show strong positive momentum, UBS said.</p><p><blockquote>在中国，由埃隆·马斯克领导的电动汽车先驱公司面临着来自蔚来等国内制造商的激烈竞争<a href=\"https://laohu8.com/S/NIO\">$(蔚来)$</a>、比亚迪和小鹏<a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>瑞银表示，所有这些都显示出强劲的积极势头。</blockquote></p><p> Now that most of the major automakers have decided to go all-in on electric-vehicles, with ambitious targets for new product lines a recurring theme among the world's largest car companies, UBS identifies four factors likely to drive outperformance in auto stocks.</p><p><blockquote>现在，大多数主要汽车制造商都决定全力发展电动汽车，新产品线的雄心勃勃的目标成为全球最大汽车公司反复出现的主题，瑞银确定了可能推动汽车股表现优异的四个因素。</blockquote></p><p> They are: a strong EV sales curve, a crystallized portfolio value, excellent regional and segmental exposure, and an ability to pass on higher commodity prices.</p><p><blockquote>它们是：强劲的电动汽车销售曲线、具体化的投资组合价值、出色的区域和细分市场敞口，以及转嫁更高大宗商品价格的能力。</blockquote></p><p> Using these factors, the analysts at UBS found that Volkswagen XE:VOW (#phrase-company?ref=COMPANY%7CXE%3AVOW;onlineSignificance=prominent), the EV leader in Europe and Tesla's fiercest competitor scored best.</p><p><blockquote>利用这些因素，瑞银分析师发现欧洲电动汽车领导者和特斯拉最激烈的竞争对手大众汽车 XE:VOW（#phrase-company?ref=company%7CXE%3AVOW；onlineSignificance=prominent）得分最高。</blockquote></p><p> UBS raised its target price for GM stock--which it rates a buy--to $79 from $75, with the target price for Volkswagen being EUR300 ($357). GM stock is currently trading around $59, while shares in Volkswagen were trading for more than EUR216--implying that both companies could provide attractive returns to investors.</p><p><blockquote>瑞银将通用汽车股票的目标价（评级为买入）从 75 美元上调至 79 美元，大众汽车的目标价为 300 欧元（357 美元）。通用汽车的股价目前约为 59 美元，而大众汽车的股价则超过 216 欧元，这意味着两家公司都可以为投资者提供有吸引力的回报。</blockquote></p><p> South Korea's Hyundai is another company that could emerge as <a href=\"https://laohu8.com/S/AONE\">one</a> of the best re-rating stories as the market comes to realize the value of its assets, UBS said. France's Renault and China's Li Auto <a href=\"https://laohu8.com/S/LI\">$(LI)$</a> rounded out the list of UBS' five most-favoured EV stocks. The bank also raised its target price on Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a>, which it rates neutral, to $16 from $13.</p><p><blockquote>韩国现代汽车是另一家可能成为<a href=\"https://laohu8.com/S/AONE\">一</a>瑞银表示，随着市场意识到其资产价值，这是最好的重新评级故事之一。法国雷诺和中国理想汽车<a href=\"https://laohu8.com/S/LI\">$(李)$</a>完成了瑞银最受欢迎的五只电动汽车股票名单。该银行还提高了福特的目标价<a href=\"https://laohu8.com/S/F\">$(F) $</a>将其评级为中性，从 13 美元上调至 16 美元。</blockquote></p><p> The team at UBS took a hard look at the industry landscape in the wake of its latest electric-vehicle consumer survey, involving more than 11,000 participants in the world's largest EV markets. The results show that \"EV mass adoption is an unstoppable trend with rapidly accelerating momentum,\" the team concluded, with 43% of consumers likely to consider buying a fully-electric car--up from 37% a year ago.</p><p><blockquote>瑞银团队在最新的电动汽车消费者调查中仔细审视了行业格局，该调查涉及全球最大电动汽车市场的 11,000 多名参与者。该团队总结道，结果显示“电动汽车的大规模采用是一个不可阻挡的趋势，而且势头正在迅速加速”，43% 的消费者可能会考虑购买全电动汽车，高于一年前的 37%。</blockquote></p><p> For the first time, fully-electric vehicles are preferred over plug-in hybrids, with keenness for EVs accelerating fastest among American consumers, UBS said. In the wake of the survey, UBS raised its sales forecast for China to 2.5 million EVs in 2021, up from 1.9 million, with a view that EVs will make up 20% of the car market globally by 2025 and 50% by 2030.</p><p><blockquote>瑞银表示，全电动汽车首次比插电式混合动力汽车更受欢迎，美国消费者对电动汽车的热情增长最快。调查结束后，瑞银将2021年中国电动汽车销量预测从190万辆上调至250万辆，预计到2025年电动汽车将占全球汽车市场的20%，到2030年将占50%。</blockquote></p><p> Tesla is still the \"undisputed leader\" in UBS' books. The recent consumer survey was \"solid across the board for Tesla,\" Hummel said, though \"momentum in the quarters ahead is likely more in favor of competitors with a busier launch pipeline.\" In conclusion: Tesla's lead is shrinking, and investors would be well advised to seek out other opportunities for high-growth plays.</p><p><blockquote>在瑞银的账面上，特斯拉仍然是“无可争议的领导者”。胡梅尔表示，最近的消费者调查“对特斯拉来说全面稳健”，尽管“未来几个季度的势头可能更有利于拥有更繁忙上市渠道的竞争对手”。总之：特斯拉的领先优势正在缩小，建议投资者寻找其他高增长机会。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示，特斯拉面临来自蔚来的压力，但这些是目前最好的电动汽车投资</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; 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.h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla is under pressure from Nio, but these are the best EV investments right now, analysts say<blockquote>分析师表示，特斯拉面临来自蔚来的压力，但这些是目前最好的电动汽车投资</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-30 14:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.</p><p><blockquote>大众汽车、通用汽车和其他三家汽车制造商跻身瑞士银行瑞银最喜欢的电动汽车股票名单。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c016bc1ae9557413b5f6cc887e878cfe\" tg-width=\"1260\" tg-height=\"797\" referrerpolicy=\"no-referrer\"><span>Tesla, led by CEO Elon Musk, remains the undisputed leader in electric-vehicles, but faces growing pressure on multiple fronts, UBS said.</span></p><p><blockquote><p class=\"t-img-caption\"><span>瑞银表示，由首席执行官埃隆·马斯克领导的特斯拉仍然是电动汽车领域无可争议的领导者，但在多个方面面临着越来越大的压力。</span></p></blockquote></p><p> Tesla remains the world-leader in electric-vehicles but is under increasing pressure in China, with better opportunities emerging among other automakers for investors keen to play the growing trend, UBS said on Tuesday.</p><p><blockquote>瑞银周二表示，特斯拉仍然是电动汽车领域的全球领导者，但在中国面临越来越大的压力，其他汽车制造商为热衷于把握增长趋势的投资者提供了更好的机会。</blockquote></p><p> Analysts at the Swiss bank <a href=\"https://laohu8.com/S/UBS\">$(UBS)$</a> cut their price target on Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock by 10%, from $730 to $660, citing pressure in China, as well as delays to Tesla's self-driving product and launch of the Model Y in Europe.</p><p><blockquote>瑞士银行分析师<a href=\"https://laohu8.com/S/UBS\">$(瑞银)$</a>下调特斯拉目标价<a href=\"https://laohu8.com/S/TSLA\">$(特斯拉)$</a>股价下跌 10%，从 730 美元涨至 660 美元，原因是中国的压力，以及特斯拉自动驾驶产品和 Model Y 在欧洲推出的延迟。</blockquote></p><p> \"Our key concern shorter-term is that Tesla's demand momentum in China is slowing, and our checks on the ground suggest that BEVs [Battery Electric Vehicles] from domestic brands are gaining further ground vs. Tesla, which may trigger additional pricing action by Tesla and consequently lower gross margins,\" analyst Patrick Hummel said.</p><p><blockquote>“我们短期内的主要担忧是特斯拉在华的需求势头正在放缓，我们的实地检查表明，国产品牌的纯电动汽车（纯电动汽车）相对于特斯拉正在进一步取得进展，这可能会引发特斯拉的额外定价行动，从而降低毛利率，”分析师 Patrick Hummel 表示。</blockquote></p><p> \"The EV launches from competitors with high range, charging performance and attractive value-for-money, could continue to weigh on the value the market is willing to assign to Tesla's long-term growth,\" Hummel added.</p><p><blockquote>胡梅尔补充道：“竞争对手推出的电动汽车具有高续航里程、充电性能和有吸引力的性价比，可能会继续影响市场愿意赋予特斯拉长期增长的价值。”</blockquote></p><p> In China, the pioneering electric-vehicle company led by Elon Musk faces stiff competition from domestic manufacturers like NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, BYD , and XPeng <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>, which all show strong positive momentum, UBS said.</p><p><blockquote>在中国，由埃隆·马斯克领导的电动汽车先驱公司面临着来自蔚来等国内制造商的激烈竞争<a href=\"https://laohu8.com/S/NIO\">$(蔚来)$</a>、比亚迪和小鹏<a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a>瑞银表示，所有这些都显示出强劲的积极势头。</blockquote></p><p> Now that most of the major automakers have decided to go all-in on electric-vehicles, with ambitious targets for new product lines a recurring theme among the world's largest car companies, UBS identifies four factors likely to drive outperformance in auto stocks.</p><p><blockquote>现在，大多数主要汽车制造商都决定全力发展电动汽车，新产品线的雄心勃勃的目标成为全球最大汽车公司反复出现的主题，瑞银确定了可能推动汽车股表现优异的四个因素。</blockquote></p><p> They are: a strong EV sales curve, a crystallized portfolio value, excellent regional and segmental exposure, and an ability to pass on higher commodity prices.</p><p><blockquote>它们是：强劲的电动汽车销售曲线、具体化的投资组合价值、出色的区域和细分市场敞口，以及转嫁更高大宗商品价格的能力。</blockquote></p><p> Using these factors, the analysts at UBS found that Volkswagen XE:VOW (#phrase-company?ref=COMPANY%7CXE%3AVOW;onlineSignificance=prominent), the EV leader in Europe and Tesla's fiercest competitor scored best.</p><p><blockquote>利用这些因素，瑞银分析师发现欧洲电动汽车领导者和特斯拉最激烈的竞争对手大众汽车 XE:VOW（#phrase-company?ref=company%7CXE%3AVOW；onlineSignificance=prominent）得分最高。</blockquote></p><p> UBS raised its target price for GM stock--which it rates a buy--to $79 from $75, with the target price for Volkswagen being EUR300 ($357). GM stock is currently trading around $59, while shares in Volkswagen were trading for more than EUR216--implying that both companies could provide attractive returns to investors.</p><p><blockquote>瑞银将通用汽车股票的目标价（评级为买入）从 75 美元上调至 79 美元，大众汽车的目标价为 300 欧元（357 美元）。通用汽车的股价目前约为 59 美元，而大众汽车的股价则超过 216 欧元，这意味着两家公司都可以为投资者提供有吸引力的回报。</blockquote></p><p> South Korea's Hyundai is another company that could emerge as <a href=\"https://laohu8.com/S/AONE\">one</a> of the best re-rating stories as the market comes to realize the value of its assets, UBS said. France's Renault and China's Li Auto <a href=\"https://laohu8.com/S/LI\">$(LI)$</a> rounded out the list of UBS' five most-favoured EV stocks. The bank also raised its target price on Ford <a href=\"https://laohu8.com/S/F\">$(F)$</a>, which it rates neutral, to $16 from $13.</p><p><blockquote>韩国现代汽车是另一家可能成为<a href=\"https://laohu8.com/S/AONE\">一</a>瑞银表示，随着市场意识到其资产价值，这是最好的重新评级故事之一。法国雷诺和中国理想汽车<a href=\"https://laohu8.com/S/LI\">$(李)$</a>完成了瑞银最受欢迎的五只电动汽车股票名单。该银行还提高了福特的目标价<a href=\"https://laohu8.com/S/F\">$(F) $</a>将其评级为中性，从 13 美元上调至 16 美元。</blockquote></p><p> The team at UBS took a hard look at the industry landscape in the wake of its latest electric-vehicle consumer survey, involving more than 11,000 participants in the world's largest EV markets. The results show that \"EV mass adoption is an unstoppable trend with rapidly accelerating momentum,\" the team concluded, with 43% of consumers likely to consider buying a fully-electric car--up from 37% a year ago.</p><p><blockquote>瑞银团队在最新的电动汽车消费者调查中仔细审视了行业格局，该调查涉及全球最大电动汽车市场的 11,000 多名参与者。该团队总结道，结果显示“电动汽车的大规模采用是一个不可阻挡的趋势，而且势头正在迅速加速”，43% 的消费者可能会考虑购买全电动汽车，高于一年前的 37%。</blockquote></p><p> For the first time, fully-electric vehicles are preferred over plug-in hybrids, with keenness for EVs accelerating fastest among American consumers, UBS said. In the wake of the survey, UBS raised its sales forecast for China to 2.5 million EVs in 2021, up from 1.9 million, with a view that EVs will make up 20% of the car market globally by 2025 and 50% by 2030.</p><p><blockquote>瑞银表示，全电动汽车首次比插电式混合动力汽车更受欢迎，美国消费者对电动汽车的热情增长最快。调查结束后，瑞银将2021年中国电动汽车销量预测从190万辆上调至250万辆，预计到2025年电动汽车将占全球汽车市场的20%，到2030年将占50%。</blockquote></p><p> Tesla is still the \"undisputed leader\" in UBS' books. The recent consumer survey was \"solid across the board for Tesla,\" Hummel said, though \"momentum in the quarters ahead is likely more in favor of competitors with a busier launch pipeline.\" In conclusion: Tesla's lead is shrinking, and investors would be well advised to seek out other opportunities for high-growth plays.</p><p><blockquote>在瑞银的账面上，特斯拉仍然是“无可争议的领导者”。胡梅尔表示，最近的消费者调查“对特斯拉来说全面稳健”，尽管“未来几个季度的势头可能更有利于拥有更繁忙上市渠道的竞争对手”。总之：特斯拉的领先优势正在缩小，建议投资者寻找其他高增长机会。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/tesla-is-under-pressure-from-nio-but-these-are-the-best-electric-vehicle-investments-right-now-says-ubs-11624980469?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":{"NIO":"蔚来","HYMLY":"Hyundai Motor Co., Ltd.","002594":"比亚迪","XPEV":"小鹏集团","GM":"通用汽车","USB":"美国合众银行","F":"福特汽车","01211":"比亚迪股份","TSLA":"特斯拉","LI":"理想汽车"},"source_url":"https://www.marketwatch.com/story/tesla-is-under-pressure-from-nio-but-these-are-the-best-electric-vehicle-investments-right-now-says-ubs-11624980469?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147558864","content_text":"Volkswagen, GM, and three other carmakers round out the list of Swiss bank UBS' favorite EV stocks.\nTesla, led by CEO Elon Musk, remains the undisputed leader in electric-vehicles, but faces growing pressure on multiple fronts, UBS said.\nTesla remains the world-leader in electric-vehicles but is under increasing pressure in China, with better opportunities emerging among other automakers for investors keen to play the growing trend, UBS said on Tuesday.\nAnalysts at the Swiss bank $(UBS)$ cut their price target on Tesla $(TSLA)$ stock by 10%, from $730 to $660, citing pressure in China, as well as delays to Tesla's self-driving product and launch of the Model Y in Europe.\n\"Our key concern shorter-term is that Tesla's demand momentum in China is slowing, and our checks on the ground suggest that BEVs [Battery Electric Vehicles] from domestic brands are gaining further ground vs. Tesla, which may trigger additional pricing action by Tesla and consequently lower gross margins,\" analyst Patrick Hummel said.\n\"The EV launches from competitors with high range, charging performance and attractive value-for-money, could continue to weigh on the value the market is willing to assign to Tesla's long-term growth,\" Hummel added.\nIn China, the pioneering electric-vehicle company led by Elon Musk faces stiff competition from domestic manufacturers like NIO $(NIO)$, BYD , and XPeng $(XPEV)$, which all show strong positive momentum, UBS said.\nNow that most of the major automakers have decided to go all-in on electric-vehicles, with ambitious targets for new product lines a recurring theme among the world's largest car companies, UBS identifies four factors likely to drive outperformance in auto stocks.\nThey are: a strong EV sales curve, a crystallized portfolio value, excellent regional and segmental exposure, and an ability to pass on higher commodity prices.\nUsing these factors, the analysts at UBS found that Volkswagen XE:VOW (#phrase-company?ref=COMPANY%7CXE%3AVOW;onlineSignificance=prominent), the EV leader in Europe and Tesla's fiercest competitor scored best.\nUBS raised its target price for GM stock--which it rates a buy--to $79 from $75, with the target price for Volkswagen being EUR300 ($357). GM stock is currently trading around $59, while shares in Volkswagen were trading for more than EUR216--implying that both companies could provide attractive returns to investors.\nSouth Korea's Hyundai is another company that could emerge as one of the best re-rating stories as the market comes to realize the value of its assets, UBS said. France's Renault and China's Li Auto $(LI)$ rounded out the list of UBS' five most-favoured EV stocks. The bank also raised its target price on Ford $(F)$, which it rates neutral, to $16 from $13.\nThe team at UBS took a hard look at the industry landscape in the wake of its latest electric-vehicle consumer survey, involving more than 11,000 participants in the world's largest EV markets. The results show that \"EV mass adoption is an unstoppable trend with rapidly accelerating momentum,\" the team concluded, with 43% of consumers likely to consider buying a fully-electric car--up from 37% a year ago.\nFor the first time, fully-electric vehicles are preferred over plug-in hybrids, with keenness for EVs accelerating fastest among American consumers, UBS said. In the wake of the survey, UBS raised its sales forecast for China to 2.5 million EVs in 2021, up from 1.9 million, with a view that EVs will make up 20% of the car market globally by 2025 and 50% by 2030.\nTesla is still the \"undisputed leader\" in UBS' books. The recent consumer survey was \"solid across the board for Tesla,\" Hummel said, though \"momentum in the quarters ahead is likely more in favor of competitors with a busier launch pipeline.\" In conclusion: Tesla's lead is shrinking, and investors would be well advised to seek out other opportunities for high-growth plays.","news_type":1,"symbols_score_info":{"F":0.9,"GM":0.9,"LI":0.9,"01211":0.9,"USB":0.9,"NIO":0.9,"HYMLY":0.9,"TSLA":0.9,"XPEV":0.9,"002594":0.9}},"isVote":1,"tweetType":1,"viewCount":1099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120425049,"gmtCreate":1624333555081,"gmtModify":1634007625788,"author":{"id":"3578625353408103","authorId":"3578625353408103","name":"syleo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578625353408103","idStr":"3578625353408103"},"themes":[],"title":"","htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/120425049","repostId":"1139073949","repostType":4,"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}