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FonElixies

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2021-04-24

L&C

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2021-04-24

L and C

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2021-04-24

Oh?!

Why Car Stocks Aren’t Getting Crushed by the Chip Shortage

2021-04-23

Oh!

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2021-04-22

Okies!

Netflix deserves the benefit of the doubt, despite subscriber slowdown, Jim Cramer says

2021-04-21

Good!

DBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area

2021-04-21

Woah!

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2021-04-16

I love Tiger!

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Second quarter impacts are possible, but “we anticipate to recover part of the lost volumes by the end of the year.”</p>\n<p>Daimler stock is down 1.1% in overseas trading. Year to date, share are up about 28%.</p>\n<p>Stellantis (STLA) CEO Carlos Tavares sounded a little more cautious in an April 15 conference noting that production impacts would extend into the second half of 2021 and that “visibility on the speed at which this is going to be fixed is reasonably low right now.”</p>\n<p>Along with some auto makers,&nbsp;Intel&nbsp;(INTC) and&nbsp;Taiwan Semiconductor Manufacturing&nbsp;(TSM) have also reported first quarter results. Taiwan Semi went first, saying the automotive shortage should be “greatly reduced” by the third quarter of 2021.</p>\n<p>Resolution is good news, but Q3 is a little later than auto companies expected at the beginning of the year. Intel management was a little more cautious on their&nbsp;earnings conference call. They said the shortage might stretch on for longer than investors currently expect. “The industry is now challenged by a&nbsp;shortage&nbsp;of foundry capacity, substrates and components,” commented CEO Patrick Gelsinger&nbsp;Thursday evening. “It will take a couple of years for the ecosystem to make the significant investments to address these&nbsp;shortages.”</p>\n<p>Investors should get ready to hear more about shortages extending deeper into 2021. The stocks won’t get a pass unless companies keep putting up good numbers like Diamler. Auto suppler Gentex (GNTX), for instance, missed&nbsp;first quarter sales estimates because of the shortage. The company reported $484 million in first quarter sales Friday. Wall Street was looking for $491 million. Gentex management estimated that $45 million in sales was lost due to the shortage.</p>\n<p>Gentex shares are down about 1% in early trading. 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And it will remain a watch item for auto investors, who aren’t use to thinking about foundries and substrates, as Intel’s Gelsinger put it.</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>Why Car Stocks Aren’t Getting Crushed by the Chip Shortage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Car Stocks Aren’t Getting Crushed by the Chip Shortage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/why-auto-stocks-arent-getting-crushed-by-the-chip-shortage-51619189064?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dreamstime\nWith first quarter results coming in, car and semiconductor companies are commenting on the microchip shortage which is hampering global auto production. The comments, however, don’t appear...</p>\n\n<a href=\"https://www.barrons.com/articles/why-auto-stocks-arent-getting-crushed-by-the-chip-shortage-51619189064?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","GM":"通用汽车","TSLA":"特斯拉",".IXIC":"NASDAQ Composite","F":"福特汽车",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/why-auto-stocks-arent-getting-crushed-by-the-chip-shortage-51619189064?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150672819","content_text":"Dreamstime\nWith first quarter results coming in, car and semiconductor companies are commenting on the microchip shortage which is hampering global auto production. The comments, however, don’t appear to be matching up. While chip makers’ comments are setting off alarms, car makers—whose stocks are mostly off to a great start in 2021—are downplaying the problem.\nA lack of microchips that make modern cars function has resulted in unplanned downtime for many auto makers. Ford Motor (ticker: F), for instance, said it was extending outages at three assembly plants Thursday.Terrence Curtin, CEO of electrical component supplier TE Connectivity (TEL) toldBarron’s this week that roughly 1 million cars weren’t built in the first quarter because of the shortage. That is about 5% of global auto output. And General Motors (GM) called the shortage a billion dollar headwind to 2021 operating profits when the company reported fourth quarter numbers earlier this year.\nAuto stocks, however, have been largely unaffected by the issue. GM and Ford shares, for instance, are both up 36% year to date. Parts suppliers TE and BorgWarner (BWA) are up 9% and 28%, respectively. Car dealer Auto Nation (AN) stock is also on fire as well, up about 38% so far in 2021.\nDemand is strong, rebounding from the 2020 pandemic-induced recession. The optimism for higher sales in 2021 and 2022 is trumping any concern about near term disruption. But the disruption might get worse before it gets better and auto investors will have to square that reality with their outlooks as more company report first quarter numbers.\nFord is set to report earnings April 28. GM follows on May 5. Daimler (DAI.Germany), for its part, reported first quarter numbers Friday. Things still look good. Car sales rose, product mix was favorable and profitability improved. Management doesn’t sound too worried about microchips. “The impact from semiconductor shortage was not very material in the first quarter,” said CFO Harald Wilhelm on an investor call. Second quarter impacts are possible, but “we anticipate to recover part of the lost volumes by the end of the year.”\nDaimler stock is down 1.1% in overseas trading. Year to date, share are up about 28%.\nStellantis (STLA) CEO Carlos Tavares sounded a little more cautious in an April 15 conference noting that production impacts would extend into the second half of 2021 and that “visibility on the speed at which this is going to be fixed is reasonably low right now.”\nAlong with some auto makers, Intel (INTC) and Taiwan Semiconductor Manufacturing (TSM) have also reported first quarter results. Taiwan Semi went first, saying the automotive shortage should be “greatly reduced” by the third quarter of 2021.\nResolution is good news, but Q3 is a little later than auto companies expected at the beginning of the year. Intel management was a little more cautious on their earnings conference call. They said the shortage might stretch on for longer than investors currently expect. “The industry is now challenged by a shortage of foundry capacity, substrates and components,” commented CEO Patrick Gelsinger Thursday evening. “It will take a couple of years for the ecosystem to make the significant investments to address these shortages.”\nInvestors should get ready to hear more about shortages extending deeper into 2021. The stocks won’t get a pass unless companies keep putting up good numbers like Diamler. Auto suppler Gentex (GNTX), for instance, missed first quarter sales estimates because of the shortage. The company reported $484 million in first quarter sales Friday. Wall Street was looking for $491 million. Gentex management estimated that $45 million in sales was lost due to the shortage.\nGentex shares are down about 1% in early trading. That isn’t a big move, but it is a wobble with the S&P 500 and Dow Jones Industrial Average rising 0.5% and 0.2%, respectively.\nThe chip issue isn’t going away. And it will remain a watch item for auto investors, who aren’t use to thinking about foundries and substrates, as Intel’s Gelsinger put it.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"F":0.9,"GM":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376411134,"gmtCreate":1619141373228,"gmtModify":1634288249015,"author":{"id":"3581672662366127","authorId":"3581672662366127","name":"FonElixies","avatar":"https://static.tigerbbs.com/b47ea0e1c150de62556929fddc31eb88","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581672662366127","authorIdStr":"3581672662366127"},"themes":[],"htmlText":"Oh!","listText":"Oh!","text":"Oh!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/376411134","repostId":"2129336573","repostType":4,"isVote":1,"tweetType":1,"viewCount":669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378509129,"gmtCreate":1619048715461,"gmtModify":1634289015506,"author":{"id":"3581672662366127","authorId":"3581672662366127","name":"FonElixies","avatar":"https://static.tigerbbs.com/b47ea0e1c150de62556929fddc31eb88","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581672662366127","authorIdStr":"3581672662366127"},"themes":[],"htmlText":"Okies!","listText":"Okies!","text":"Okies!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378509129","repostId":"1146491759","repostType":4,"repost":{"id":"1146491759","kind":"news","pubTimestamp":1619048005,"share":"https://www.laohu8.com/m/news/1146491759?lang=&edition=full","pubTime":"2021-04-22 07:33","market":"us","language":"en","title":"Netflix deserves the benefit of the doubt, despite subscriber slowdown, Jim Cramer says","url":"https://stock-news.laohu8.com/highlight/detail?id=1146491759","media":"cnbc","summary":"KEY POINTS\n\nNetflix shares dropped 7% after the company posted its earnings report, but CNBC’s Jim C","content":"<div>\n<p>KEY POINTS\n\nNetflix shares dropped 7% after the company posted its earnings report, but CNBC’s Jim Cramer argued its a mistake to give up on the stock.\n“After the incredible performance this company’s...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/21/cramer-netflix-deserves-benefit-of-the-doubt-despite-subscriber-slowdown.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Netflix deserves the benefit of the doubt, despite subscriber slowdown, Jim Cramer says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix deserves the benefit of the doubt, despite subscriber slowdown, Jim Cramer says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/21/cramer-netflix-deserves-benefit-of-the-doubt-despite-subscriber-slowdown.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nNetflix shares dropped 7% after the company posted its earnings report, but CNBC’s Jim Cramer argued its a mistake to give up on the stock.\n“After the incredible performance this company’s...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/21/cramer-netflix-deserves-benefit-of-the-doubt-despite-subscriber-slowdown.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.cnbc.com/2021/04/21/cramer-netflix-deserves-benefit-of-the-doubt-despite-subscriber-slowdown.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1146491759","content_text":"KEY POINTS\n\nNetflix shares dropped 7% after the company posted its earnings report, but CNBC’s Jim Cramer argued its a mistake to give up on the stock.\n“After the incredible performance this company’s given us over the years, you’ve gotta remember that doubting Netflix has been a mistake every step of the way,” Cramer said on “Mad Money.”\nCramer projected that Netflix will reverse its subscriber woes with the release of new productions, relieving worries about attracting viewers to the platform.\n\nCNBC’s Jim Cramer came toNetflix’s defense Wednesday after shares of the streaming giant sold off on its first-quarter report.\nThe stock plunged more than 7% since thereportcame out after Tuesday’s close, despite the company beating estimates on the top and bottom lines. Investors were disappointed by softer-than-expected subscriber growth and an uncertain future in the short term, Cramer noted.\n“After the incredible performance this company’s given us over the years, you’ve gotta remember that doubting Netflix has been a mistake every step of the way,” Cramer said on “Mad Money.”\nNetflix reported having 208 million paid subscribers at the end of March, a 14% increase from a year ago but short of the 210 million figure the company expected.\nDespite the dip in subscriber growth, CFO Spencer Neumann said on the conference call that “business remains healthy,” engagement is increasing and customer turnover is declining.\n“To me, that says ‘please, don’t panic’ ... I think they’ll find a way to jumpstart new sign-ups with must-see content, whether they create it themselves or have to license it from someone else,” Cramer said. “In other words, I am giving Netflix credit for something that doesn’t exist yet, something that will make us feel compelled to subscribe despite all the competition.”\nEarlier Wednesday, Cramer said Netflix stock could potentially drop to $490 a share, though he remains bullish in the long run. Netflix shares finished at $508.90 on Wednesday, down 14% from their peak trade in January.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371730524,"gmtCreate":1618970212068,"gmtModify":1634289519222,"author":{"id":"3581672662366127","authorId":"3581672662366127","name":"FonElixies","avatar":"https://static.tigerbbs.com/b47ea0e1c150de62556929fddc31eb88","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581672662366127","authorIdStr":"3581672662366127"},"themes":[],"htmlText":"Good!","listText":"Good!","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371730524","repostId":"2129826398","repostType":4,"repost":{"id":"2129826398","kind":"news","pubTimestamp":1618967680,"share":"https://www.laohu8.com/m/news/2129826398?lang=&edition=full","pubTime":"2021-04-21 09:14","market":"sg","language":"en","title":"DBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area","url":"https://stock-news.laohu8.com/highlight/detail?id=2129826398","media":"The Straits Times","summary":"SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commer","content":"<div>\n<p>SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan to accelerate its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>DBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 09:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan to accelerate its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","00152":"深圳国际"},"source_url":"http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129826398","content_text":"SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan to accelerate its expansion in China's Greater Bay Area.\nThe investment is also in line with the group's strategy of investing in its core markets. China is one of DBS' six core markets, together with Singapore, Indonesia, India, Hong Kong and Taiwan.\nDBS chief executive officer Piyush Gupta said: \"We see this as a highly complementary strategic partnership that will allow us to double down on the Greater Bay Area and leverage SZRCB's local network and know-how to deepen DBS' Greater Bay Area strategy.\n\"At the same time, we would be able to support the continued growth and digital transformation of SZRCB through our regional presence and digital capabilities.\"\nThe deal strategically positions DBS to increase its stake in the Shenzhen lender after China eased rules on foreign ownership in the financial services sector, the bank said in its statement on Tuesday (April 20).\nThe investment has been approved by the Monetary Authority of Singapore and the Shenzhen office of the China Banking and Insurance Regulatory Commission and is expected to be completed following approval by the China Securities Regulatory Commission.\nUpon the completion of the deal, DBS will become the largest shareholder in SZRCB and will have representation on the Chinese bank's board of directors.\nDBS said the investment will have less than 0.2 percentage points impact to the group's capital ratios, and is expected to be immediately accretive to earnings and return on equity (ROE).\nThe bank will acquire 1.35 billion new shares in SZRCB at 3.91 yuan per share, representing 1.01 times the book value per share of SZRCB as of end-December 2020. DBS said it intends to fund the investment using internal cash resources.\nSZRCB operates one of the largest bank branch networks in Shenzhen, where 210 of its 217 branches and over 2,100 self-service terminals are located.\nWith more than 5 million active retail customers and over 170,000 active corporate clients, SZRCB had 404 billion (S$82 billion) of deposits and 519 billion yuan of total assets at the end of last year.\nApproximately 40 per cent of its total loans are in the retail segment and the remaining 60 per cent in the corporate segment, largely to local small and medium enterprises.\nFor the year ended Dec 31, 2020, the Shenzhen bank generated 4.8 billion yuan in net profit after tax. DBS said SZRCB has a strong track record of profitability, achieving average ROE of over 17 per cent since its establishment in 2005.\nOn Tuesday, Reuters reported that DBS was among potential bidders for parts of Citigroup's consumer business in Asia.\nAt its virtual annual general meeting last month, DBS said it was looking to double down its presence in China and India as part of efforts to expand into the wider region.\nIn November last year, DBS completed its takeover of cash-strapped Lakshmi Vilas Bank (LVB) in India, which added 550 branches and 900-plus ATMs to its network in the country.\nSaid Mr Gupta in Tuesday's statement: \"Our ability to execute another strategic transaction shortly after amalgamating LVB in India, is testament to our ability to be nimble and grow, as we leverage on our strong capital position.\"","news_type":1,"symbols_score_info":{"00152":0.9,"BYBK":0.9,"D05.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371792806,"gmtCreate":1618970039505,"gmtModify":1634289521598,"author":{"id":"3581672662366127","authorId":"3581672662366127","name":"FonElixies","avatar":"https://static.tigerbbs.com/b47ea0e1c150de62556929fddc31eb88","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581672662366127","authorIdStr":"3581672662366127"},"themes":[],"htmlText":"Woah!","listText":"Woah!","text":"Woah!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/371792806","repostId":"1193736432","repostType":4,"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370669158,"gmtCreate":1618581342974,"gmtModify":1634291947801,"author":{"id":"3581672662366127","authorId":"3581672662366127","name":"FonElixies","avatar":"https://static.tigerbbs.com/b47ea0e1c150de62556929fddc31eb88","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581672662366127","authorIdStr":"3581672662366127"},"themes":[],"htmlText":"I 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09:14","market":"sg","language":"en","title":"DBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area","url":"https://stock-news.laohu8.com/highlight/detail?id=2129826398","media":"The Straits Times","summary":"SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commer","content":"<div>\n<p>SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan to accelerate its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>DBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 09:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan to accelerate its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","00152":"深圳国际"},"source_url":"http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129826398","content_text":"SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan to accelerate its expansion in China's Greater Bay Area.\nThe investment is also in line with the group's strategy of investing in its core markets. China is one of DBS' six core markets, together with Singapore, Indonesia, India, Hong Kong and Taiwan.\nDBS chief executive officer Piyush Gupta said: \"We see this as a highly complementary strategic partnership that will allow us to double down on the Greater Bay Area and leverage SZRCB's local network and know-how to deepen DBS' Greater Bay Area strategy.\n\"At the same time, we would be able to support the continued growth and digital transformation of SZRCB through our regional presence and digital capabilities.\"\nThe deal strategically positions DBS to increase its stake in the Shenzhen lender after China eased rules on foreign ownership in the financial services sector, the bank said in its statement on Tuesday (April 20).\nThe investment has been approved by the Monetary Authority of Singapore and the Shenzhen office of the China Banking and Insurance Regulatory Commission and is expected to be completed following approval by the China Securities Regulatory Commission.\nUpon the completion of the deal, DBS will become the largest shareholder in SZRCB and will have representation on the Chinese bank's board of directors.\nDBS said the investment will have less than 0.2 percentage points impact to the group's capital ratios, and is expected to be immediately accretive to earnings and return on equity (ROE).\nThe bank will acquire 1.35 billion new shares in SZRCB at 3.91 yuan per share, representing 1.01 times the book value per share of SZRCB as of end-December 2020. DBS said it intends to fund the investment using internal cash resources.\nSZRCB operates one of the largest bank branch networks in Shenzhen, where 210 of its 217 branches and over 2,100 self-service terminals are located.\nWith more than 5 million active retail customers and over 170,000 active corporate clients, SZRCB had 404 billion (S$82 billion) of deposits and 519 billion yuan of total assets at the end of last year.\nApproximately 40 per cent of its total loans are in the retail segment and the remaining 60 per cent in the corporate segment, largely to local small and medium enterprises.\nFor the year ended Dec 31, 2020, the Shenzhen bank generated 4.8 billion yuan in net profit after tax. DBS said SZRCB has a strong track record of profitability, achieving average ROE of over 17 per cent since its establishment in 2005.\nOn Tuesday, Reuters reported that DBS was among potential bidders for parts of Citigroup's consumer business in Asia.\nAt its virtual annual general meeting last month, DBS said it was looking to double down its presence in China and India as part of efforts to expand into the wider region.\nIn November last year, DBS completed its takeover of cash-strapped Lakshmi Vilas Bank (LVB) in India, which added 550 branches and 900-plus ATMs to its network in the country.\nSaid Mr Gupta in Tuesday's statement: \"Our ability to execute another strategic transaction shortly after amalgamating LVB in India, is testament to our ability to be nimble and grow, as we leverage on our strong capital position.\"","news_type":1,"symbols_score_info":{"00152":0.9,"BYBK":0.9,"D05.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372789124,"gmtCreate":1619242849468,"gmtModify":1634287474862,"author":{"id":"3581672662366127","authorId":"3581672662366127","name":"FonElixies","avatar":"https://static.tigerbbs.com/b47ea0e1c150de62556929fddc31eb88","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581672662366127","authorIdStr":"3581672662366127"},"themes":[],"htmlText":"L and C","listText":"L and C","text":"L and C","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372789124","repostId":"2129350491","repostType":4,"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378509129,"gmtCreate":1619048715461,"gmtModify":1634289015506,"author":{"id":"3581672662366127","authorId":"3581672662366127","name":"FonElixies","avatar":"https://static.tigerbbs.com/b47ea0e1c150de62556929fddc31eb88","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581672662366127","authorIdStr":"3581672662366127"},"themes":[],"htmlText":"Okies!","listText":"Okies!","text":"Okies!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378509129","repostId":"1146491759","repostType":4,"repost":{"id":"1146491759","kind":"news","pubTimestamp":1619048005,"share":"https://www.laohu8.com/m/news/1146491759?lang=&edition=full","pubTime":"2021-04-22 07:33","market":"us","language":"en","title":"Netflix deserves the benefit of the doubt, despite subscriber slowdown, Jim Cramer says","url":"https://stock-news.laohu8.com/highlight/detail?id=1146491759","media":"cnbc","summary":"KEY POINTS\n\nNetflix shares dropped 7% after the company posted its earnings report, but CNBC’s Jim C","content":"<div>\n<p>KEY POINTS\n\nNetflix shares dropped 7% after the company posted its earnings report, but CNBC’s Jim Cramer argued its a mistake to give up on the stock.\n“After the incredible performance this company’s...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/21/cramer-netflix-deserves-benefit-of-the-doubt-despite-subscriber-slowdown.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Netflix deserves the benefit of the doubt, despite subscriber slowdown, Jim Cramer says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix deserves the benefit of the doubt, despite subscriber slowdown, Jim Cramer says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/21/cramer-netflix-deserves-benefit-of-the-doubt-despite-subscriber-slowdown.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nNetflix shares dropped 7% after the company posted its earnings report, but CNBC’s Jim Cramer argued its a mistake to give up on the stock.\n“After the incredible performance this company’s...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/21/cramer-netflix-deserves-benefit-of-the-doubt-despite-subscriber-slowdown.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.cnbc.com/2021/04/21/cramer-netflix-deserves-benefit-of-the-doubt-despite-subscriber-slowdown.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1146491759","content_text":"KEY POINTS\n\nNetflix shares dropped 7% after the company posted its earnings report, but CNBC’s Jim Cramer argued its a mistake to give up on the stock.\n“After the incredible performance this company’s given us over the years, you’ve gotta remember that doubting Netflix has been a mistake every step of the way,” Cramer said on “Mad Money.”\nCramer projected that Netflix will reverse its subscriber woes with the release of new productions, relieving worries about attracting viewers to the platform.\n\nCNBC’s Jim Cramer came toNetflix’s defense Wednesday after shares of the streaming giant sold off on its first-quarter report.\nThe stock plunged more than 7% since thereportcame out after Tuesday’s close, despite the company beating estimates on the top and bottom lines. Investors were disappointed by softer-than-expected subscriber growth and an uncertain future in the short term, Cramer noted.\n“After the incredible performance this company’s given us over the years, you’ve gotta remember that doubting Netflix has been a mistake every step of the way,” Cramer said on “Mad Money.”\nNetflix reported having 208 million paid subscribers at the end of March, a 14% increase from a year ago but short of the 210 million figure the company expected.\nDespite the dip in subscriber growth, CFO Spencer Neumann said on the conference call that “business remains healthy,” engagement is increasing and customer turnover is declining.\n“To me, that says ‘please, don’t panic’ ... I think they’ll find a way to jumpstart new sign-ups with must-see content, whether they create it themselves or have to license it from someone else,” Cramer said. “In other words, I am giving Netflix credit for something that doesn’t exist yet, something that will make us feel compelled to subscribe despite all the competition.”\nEarlier Wednesday, Cramer said Netflix stock could potentially drop to $490 a share, though he remains bullish in the long run. Netflix shares finished at $508.90 on Wednesday, down 14% from their peak trade in January.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370669158,"gmtCreate":1618581342974,"gmtModify":1634291947801,"author":{"id":"3581672662366127","authorId":"3581672662366127","name":"FonElixies","avatar":"https://static.tigerbbs.com/b47ea0e1c150de62556929fddc31eb88","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581672662366127","authorIdStr":"3581672662366127"},"themes":[],"htmlText":"I love Tiger!","listText":"I love Tiger!","text":"I love Tiger!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/370669158","isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}