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Paytm’s Mega IPO Is Priced for Perfection
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href=\"https://laohu8.com/S/UPST\">$Upstart Holdings, Inc.(UPST)$</a>hhow?????","listText":"<a href=\"https://laohu8.com/S/UPST\">$Upstart Holdings, Inc.(UPST)$</a>hhow?????","text":"$Upstart Holdings, Inc.(UPST)$hhow?????","images":[{"img":"https://static.tigerbbs.com/f80f77c0347f83bf876d837f8dbae372","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607497684","isVote":1,"tweetType":1,"viewCount":1387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":878121891,"gmtCreate":1637160725278,"gmtModify":1637160725278,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878121891","repostId":"1136886899","repostType":4,"repost":{"id":"1136886899","kind":"news","pubTimestamp":1637155971,"share":"https://www.laohu8.com/m/news/1136886899?lang=&edition=full","pubTime":"2021-11-17 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Not, however, a Chinese one.</p>\n<p>One97 Communications, which owns Paytm—one of India’s leading mobile payment companies—is set to go public on Thursday in the country’s largest-ever IPO. China’s Ant Group, backed by Mr. Ma, is the company’s largest shareholder with an approximately 28% stake. Its affiliate company Alibaba also owns a roughly 7% stake. Both companies are set for a windfall: They first invested in Paytm in 2015, when its valuation was much lower. Paytm’s offer price values the company at nearly $20 billion. Ant itself failed to go public one year agoas regulators halted its IPO at the last minute.</p>\n<p>Other well-known billionaire investors are also set for a payday.Warren Buffett’s Berkshire Hathaway and Masayoshi Son’s SoftBank are other backers of the Indian company. SoftBank’s investments in China, including Alibaba,have suffered under that country’s regulatory crackdown. It’s a different story in India. In addition to Paytm, other Indian startups backed by SoftBank have gone public or plan to this year,taking advantage of the buoyant market.</p>\n<p>Mobile payments have taken off in India in recent years, as the cost of smartphones and mobile plans have dropped. Banking services are relatively underdeveloped and so mobile payments have become one of the easiest ways to access financial services, similar to what has happened in China. The 2016 launch of Unified Payments Interface, an open system regulated by the central bank, has also helped mobile payments become more popular.</p>\n<p>Investors are excited about India because e-commerce is still at a relatively early stage, given that around half of the population doesn’t even use the internet. Total payments made to merchants on Paytm’s app grew 76% in the past two years to 4 trillion rupees in the fiscal year ended March, the equivalent of $54 billion.</p>\n<p>Paytm has borrowed the playbook of its Chinese investors. Payments are fundamentally just a way to grow its user base. The company is actually banking on selling high-margin financial services to its 337 million customers. Paytm disbursed 1.4 million loans for the quarter ending in June, compared with 23,000 a year earlier. Bernstein expects financial services will be 19% of its revenue in the fiscal year ending March 2027, up from 5% currently. Paytm has also leapt aboardthe latest trend in paymentswith its own buy-now, pay-later service. Fintech companies fromPayPalto Square are all jumping into the space.</p>\n<p>That growth potential is probably why investors are paying a premium even though Paytm remains in the red. At the IPO price, Paytm is trading at 50 times last fiscal year’s revenue. PayPal is trading at 10 times.</p>\n<p>Such lofty heights may be justified—if Paytm continues to grow at a stellar pace. But it’s also facing strong competition. Google andWalmart’sPhonePe have big market share in the peer-to-peer payments market and could be formidable rivals. WhatsApp, which has partnered with mobile carrier Jio,controlled by India’s richest man, is another potential challenger.</p>\n<p>Regulation is another risk. Ant’s ambitions were sunk in part by Beijing’s decision toregulate the company more like a bank. Future moves by Indian regulators may not be as drastic. But tighter regulation of consumer internet firms is a global trend.</p>\n<p>Paytm investors are betting everything goes right at current prices. New Delhi—and the competition—might have different ideas.</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>Paytm’s Mega IPO Is Priced for Perfection</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\">\nPaytm’s Mega IPO Is Priced for Perfection\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 21:32 GMT+8 <a href=https://www.wsj.com/articles/paytms-mega-ipo-is-priced-for-perfection-11637155277?siteid=yhoof2><strong>Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese billionaire Jack Ma may finally cash out through the initial public offering of a mobile payments giant. Not, however, a Chinese one.\nOne97 Communications, which owns Paytm—one of India’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/paytms-mega-ipo-is-priced-for-perfection-11637155277?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.wsj.com/articles/paytms-mega-ipo-is-priced-for-perfection-11637155277?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136886899","content_text":"Chinese billionaire Jack Ma may finally cash out through the initial public offering of a mobile payments giant. Not, however, a Chinese one.\nOne97 Communications, which owns Paytm—one of India’s leading mobile payment companies—is set to go public on Thursday in the country’s largest-ever IPO. China’s Ant Group, backed by Mr. Ma, is the company’s largest shareholder with an approximately 28% stake. Its affiliate company Alibaba also owns a roughly 7% stake. Both companies are set for a windfall: They first invested in Paytm in 2015, when its valuation was much lower. Paytm’s offer price values the company at nearly $20 billion. Ant itself failed to go public one year agoas regulators halted its IPO at the last minute.\nOther well-known billionaire investors are also set for a payday.Warren Buffett’s Berkshire Hathaway and Masayoshi Son’s SoftBank are other backers of the Indian company. SoftBank’s investments in China, including Alibaba,have suffered under that country’s regulatory crackdown. It’s a different story in India. In addition to Paytm, other Indian startups backed by SoftBank have gone public or plan to this year,taking advantage of the buoyant market.\nMobile payments have taken off in India in recent years, as the cost of smartphones and mobile plans have dropped. Banking services are relatively underdeveloped and so mobile payments have become one of the easiest ways to access financial services, similar to what has happened in China. The 2016 launch of Unified Payments Interface, an open system regulated by the central bank, has also helped mobile payments become more popular.\nInvestors are excited about India because e-commerce is still at a relatively early stage, given that around half of the population doesn’t even use the internet. Total payments made to merchants on Paytm’s app grew 76% in the past two years to 4 trillion rupees in the fiscal year ended March, the equivalent of $54 billion.\nPaytm has borrowed the playbook of its Chinese investors. Payments are fundamentally just a way to grow its user base. The company is actually banking on selling high-margin financial services to its 337 million customers. Paytm disbursed 1.4 million loans for the quarter ending in June, compared with 23,000 a year earlier. Bernstein expects financial services will be 19% of its revenue in the fiscal year ending March 2027, up from 5% currently. Paytm has also leapt aboardthe latest trend in paymentswith its own buy-now, pay-later service. Fintech companies fromPayPalto Square are all jumping into the space.\nThat growth potential is probably why investors are paying a premium even though Paytm remains in the red. At the IPO price, Paytm is trading at 50 times last fiscal year’s revenue. PayPal is trading at 10 times.\nSuch lofty heights may be justified—if Paytm continues to grow at a stellar pace. But it’s also facing strong competition. Google andWalmart’sPhonePe have big market share in the peer-to-peer payments market and could be formidable rivals. WhatsApp, which has partnered with mobile carrier Jio,controlled by India’s richest man, is another potential challenger.\nRegulation is another risk. Ant’s ambitions were sunk in part by Beijing’s decision toregulate the company more like a bank. Future moves by Indian regulators may not be as drastic. But tighter regulation of consumer internet firms is a global trend.\nPaytm investors are betting everything goes right at current prices. New Delhi—and the competition—might have different ideas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845105647,"gmtCreate":1636296375048,"gmtModify":1636296375189,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LVMUY\">$LVMH-Moet Hennessy Louis Vuitton(LVMUY)$</a>regret not buying ","listText":"<a href=\"https://laohu8.com/S/LVMUY\">$LVMH-Moet Hennessy Louis Vuitton(LVMUY)$</a>regret not buying ","text":"$LVMH-Moet Hennessy Louis Vuitton(LVMUY)$regret not 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buy.?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853904031","repostId":"1156713074","repostType":4,"repost":{"id":"1156713074","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1634739164,"share":"https://www.laohu8.com/m/news/1156713074?lang=&edition=full","pubTime":"2021-10-20 22:12","market":"us","language":"en","title":"Abbott rose nearly 4% in morning trading as it announced better-than-expected third-quarter financial results and raised guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=1156713074","media":"Tiger Newspress","summary":"Abbott rose nearly 4% in morning trading as it announced better-than-expected third-quarter financia","content":"<p>Abbott rose nearly 4% in morning trading as it announced better-than-expected third-quarter financial results and raised guidance. <img src=\"https://static.tigerbbs.com/bfeb401c6818a3fb3790e97e52fc975c\" tg-width=\"765\" tg-height=\"365\" width=\"100%\" height=\"auto\">The company reported quarterly earnings of $1.40 per share, which beat the estimate of 94 cents per share. The company reported quarterly revenue of $10.9 billion, which beat the estimate of $9.54 billion.</p>\n<p>It raised its full-year 2021 earnings guidance from a range of $4.30 to $4.50 per share to a range of $5 to $5.10 per share versus the estimate of $4.45 per share. </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>Abbott rose nearly 4% in morning trading as it announced better-than-expected third-quarter financial results and raised guidance</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\">\nAbbott rose nearly 4% in morning trading as it announced better-than-expected third-quarter financial results and raised guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-20 22:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Abbott rose nearly 4% in morning trading as it announced better-than-expected third-quarter financial results and raised guidance. <img src=\"https://static.tigerbbs.com/bfeb401c6818a3fb3790e97e52fc975c\" tg-width=\"765\" tg-height=\"365\" width=\"100%\" height=\"auto\">The company reported quarterly earnings of $1.40 per share, which beat the estimate of 94 cents per share. The company reported quarterly revenue of $10.9 billion, which beat the estimate of $9.54 billion.</p>\n<p>It raised its full-year 2021 earnings guidance from a range of $4.30 to $4.50 per share to a range of $5 to $5.10 per share versus the estimate of $4.45 per share. </p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156713074","content_text":"Abbott rose nearly 4% in morning trading as it announced better-than-expected third-quarter financial results and raised guidance. The company reported quarterly earnings of $1.40 per share, which beat the estimate of 94 cents per share. The company reported quarterly revenue of $10.9 billion, which beat the estimate of $9.54 billion.\nIt raised its full-year 2021 earnings guidance from a range of $4.30 to $4.50 per share to a range of $5 to $5.10 per share versus the estimate of $4.45 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853905497,"gmtCreate":1634748738328,"gmtModify":1634748738425,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLSK\">$CleanSpark, Inc.(CLSK)$</a>sell at what price ","listText":"<a href=\"https://laohu8.com/S/CLSK\">$CleanSpark, Inc.(CLSK)$</a>sell at what price ","text":"$CleanSpark, 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Disney(DIS)$😣😣😣😣","images":[{"img":"https://static.tigerbbs.com/40fc454858f4a224acf4c811a11e488b","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859393160","isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":850111899,"gmtCreate":1634564595389,"gmtModify":1634565294870,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>mymy heart..","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>mymy heart..","text":"$Tiger Brokers(TIGR)$mymy heart..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850111899","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":809270591,"gmtCreate":1627375090513,"gmtModify":1633765601242,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>HOW??? 😭😭😭😭","listText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>HOW??? 😭😭😭😭","text":"$Pinduoduo Inc.(PDD)$HOW??? 😭😭😭😭","images":[{"img":"https://static.tigerbbs.com/f62d4df8513b2735689ea8c16cecd7fa","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/809270591","isVote":1,"tweetType":1,"viewCount":1433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":856199591,"gmtCreate":1635157749829,"gmtModify":1635157785228,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>what price should I buy at?","listText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>what price should I buy at?","text":"$Futu Holdings Limited(FUTU)$what price should I buy at?","images":[{"img":"https://static.tigerbbs.com/c5866f368d20023eb816b6e565a1751e","width":"720","height":"2284"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/856199591","isVote":1,"tweetType":1,"viewCount":1114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":170863432,"gmtCreate":1626420554726,"gmtModify":1631888296170,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SGOC\">$SGOCO Group Ltd(SGOC)$</a>怎麼辦。。。","listText":"<a href=\"https://laohu8.com/S/SGOC\">$SGOCO Group Ltd(SGOC)$</a>怎麼辦。。。","text":"$SGOCO Group Ltd(SGOC)$怎麼辦。。。","images":[{"img":"https://static.tigerbbs.com/a0fe15b62e90ccad485ff8f7b01a0c40","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/170863432","isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582594459199417","authorId":"3582594459199417","name":"沉睡的老虎","avatar":"https://static.tigerbbs.com/9d0975c767d6b775b9033cc5462b8a67","crmLevel":5,"crmLevelSwitch":0,"idStr":"3582594459199417","authorIdStr":"3582594459199417"},"content":"晚上应该还会再来一波,趁机割了吧!","text":"晚上应该还会再来一波,趁机割了吧!","html":"晚上应该还会再来一波,趁机割了吧!"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":143387589,"gmtCreate":1625761260841,"gmtModify":1633937566444,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>go go go !!!","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>go go go !!!","text":"$Exela Technologies, Inc.(XELA)$go go go !!!","images":[{"img":"https://static.tigerbbs.com/106209e95b068b6605f17d2b00a00f35","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/143387589","isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":121655187,"gmtCreate":1624463123049,"gmtModify":1634005730479,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"Should buy nio now?","listText":"Should buy nio now?","text":"Should buy nio now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/121655187","repostId":"1145825451","repostType":4,"repost":{"id":"1145825451","kind":"news","pubTimestamp":1624433586,"share":"https://www.laohu8.com/m/news/1145825451?lang=&edition=full","pubTime":"2021-06-23 15:33","market":"us","language":"en","title":"Why I Believe NIO Will Beat Out Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1145825451","media":"InvestorPlace","summary":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go","content":"<blockquote>\n <b>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.</b>\n</blockquote>\n<p>Super fans of the latest and greatest high-end<b>Tesla, Inc.</b>(NASDAQ:<b>TSLA</b>) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.</p>\n<p><img src=\"https://static.tigerbbs.com/b294a3604c7ba82bd19b3c70be3a4020\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: nrqemi / Shutterstock.com</p>\n<p>Musk wrote there was… “No need, as Plaid is just so good.”</p>\n<p>The Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.</p>\n<p>Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.</p>\n<p>As a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.</p>\n<p>This “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.</p>\n<p>Both the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.</p>\n<p>Clearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”</p>\n<p>As someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know do<i>not</i>want to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.</p>\n<p>What Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.</p>\n<p>The good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.</p>\n<p>This is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.</p>\n<p>However, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.</p>\n<p><b>Taking Advantage of the EV Revolution’s Profit Potential</b></p>\n<p>I’m talking about <b>Nio, Inc.</b>(NYSE:<b>NIO</b>). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on my<b><i>Platinum Growth Club</i></b>Model Portfolio back in February.</p>\n<p>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 (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.</p>\n<p>The company is also partnering with cutting-edge chip companies like<b>NVIDIA Corporation</b>(NASDAQ:<b>NVDA</b>), another one of my<b><i>Platinum Growth Club</i></b>Model Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.</p>\n<p>Now, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.</p>\n<p>With the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.</p>\n<p>That means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.</p>\n<p>Shares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”</p>\n<p>Interestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.</p>\n<p>In other words, NIO represents the<b>crème de la crème</b>of EV stocks right now.</p>","source":"lsy1606302653667","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 I Believe NIO Will Beat Out Tesla</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 I Believe NIO Will Beat Out Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:33 GMT+8 <a href=https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ...</p>\n\n<a href=\"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145825451","content_text":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.\nSource: nrqemi / Shutterstock.com\nMusk wrote there was… “No need, as Plaid is just so good.”\nThe Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.\nInstead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.\nAs a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.\nThis “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.\nBoth the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.\nClearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”\nAs someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know donotwant to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.\nWhat Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.\nThe good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.\nThis is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.\nHowever, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.\nTaking Advantage of the EV Revolution’s Profit Potential\nI’m talking about Nio, Inc.(NYSE:NIO). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on myPlatinum Growth ClubModel Portfolio back in February.\nThe 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 (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.\nThe company is also partnering with cutting-edge chip companies likeNVIDIA Corporation(NASDAQ:NVDA), another one of myPlatinum Growth ClubModel Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.\nNow, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.\nWith the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.\nThat means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.\nShares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”\nInterestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.\nIn other words, NIO represents thecrème de la crèmeof EV stocks right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887555151,"gmtCreate":1632074798173,"gmtModify":1632803027849,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887555151","repostId":"1198486138","repostType":4,"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863208790,"gmtCreate":1632392762910,"gmtModify":1632800724464,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ABNB\">$Airbnb, Inc.(ABNB)$</a>huatttttt","listText":"<a href=\"https://laohu8.com/S/ABNB\">$Airbnb, Inc.(ABNB)$</a>huatttttt","text":"$Airbnb, Inc.(ABNB)$huatttttt","images":[{"img":"https://static.tigerbbs.com/cc4cea7cd0bec2931aa1267f44a5a28f","width":"720","height":"2040"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863208790","isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":899601700,"gmtCreate":1628176111000,"gmtModify":1631883655032,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>i sold it this morning at 293 😭😭","listText":"<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>i sold it this morning at 293 😭😭","text":"$Sea Ltd(SE)$i sold it this morning at 293 😭😭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/899601700","isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":878121891,"gmtCreate":1637160725278,"gmtModify":1637160725278,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878121891","repostId":"1136886899","repostType":4,"repost":{"id":"1136886899","kind":"news","pubTimestamp":1637155971,"share":"https://www.laohu8.com/m/news/1136886899?lang=&edition=full","pubTime":"2021-11-17 21:32","market":"us","language":"en","title":"Paytm’s Mega IPO Is Priced for Perfection","url":"https://stock-news.laohu8.com/highlight/detail?id=1136886899","media":"Wall Street Journal","summary":"Chinese billionaire Jack Ma may finally cash out through the initial public offering of a mobile pay","content":"<p>Chinese billionaire Jack Ma may finally cash out through the initial public offering of a mobile payments giant. Not, however, a Chinese one.</p>\n<p>One97 Communications, which owns Paytm—one of India’s leading mobile payment companies—is set to go public on Thursday in the country’s largest-ever IPO. China’s Ant Group, backed by Mr. Ma, is the company’s largest shareholder with an approximately 28% stake. Its affiliate company Alibaba also owns a roughly 7% stake. Both companies are set for a windfall: They first invested in Paytm in 2015, when its valuation was much lower. Paytm’s offer price values the company at nearly $20 billion. Ant itself failed to go public one year agoas regulators halted its IPO at the last minute.</p>\n<p>Other well-known billionaire investors are also set for a payday.Warren Buffett’s Berkshire Hathaway and Masayoshi Son’s SoftBank are other backers of the Indian company. SoftBank’s investments in China, including Alibaba,have suffered under that country’s regulatory crackdown. It’s a different story in India. In addition to Paytm, other Indian startups backed by SoftBank have gone public or plan to this year,taking advantage of the buoyant market.</p>\n<p>Mobile payments have taken off in India in recent years, as the cost of smartphones and mobile plans have dropped. Banking services are relatively underdeveloped and so mobile payments have become one of the easiest ways to access financial services, similar to what has happened in China. The 2016 launch of Unified Payments Interface, an open system regulated by the central bank, has also helped mobile payments become more popular.</p>\n<p>Investors are excited about India because e-commerce is still at a relatively early stage, given that around half of the population doesn’t even use the internet. Total payments made to merchants on Paytm’s app grew 76% in the past two years to 4 trillion rupees in the fiscal year ended March, the equivalent of $54 billion.</p>\n<p>Paytm has borrowed the playbook of its Chinese investors. Payments are fundamentally just a way to grow its user base. The company is actually banking on selling high-margin financial services to its 337 million customers. Paytm disbursed 1.4 million loans for the quarter ending in June, compared with 23,000 a year earlier. Bernstein expects financial services will be 19% of its revenue in the fiscal year ending March 2027, up from 5% currently. Paytm has also leapt aboardthe latest trend in paymentswith its own buy-now, pay-later service. Fintech companies fromPayPalto Square are all jumping into the space.</p>\n<p>That growth potential is probably why investors are paying a premium even though Paytm remains in the red. At the IPO price, Paytm is trading at 50 times last fiscal year’s revenue. PayPal is trading at 10 times.</p>\n<p>Such lofty heights may be justified—if Paytm continues to grow at a stellar pace. But it’s also facing strong competition. Google andWalmart’sPhonePe have big market share in the peer-to-peer payments market and could be formidable rivals. WhatsApp, which has partnered with mobile carrier Jio,controlled by India’s richest man, is another potential challenger.</p>\n<p>Regulation is another risk. Ant’s ambitions were sunk in part by Beijing’s decision toregulate the company more like a bank. Future moves by Indian regulators may not be as drastic. But tighter regulation of consumer internet firms is a global trend.</p>\n<p>Paytm investors are betting everything goes right at current prices. New Delhi—and the competition—might have different ideas.</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>Paytm’s Mega IPO Is Priced for Perfection</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\">\nPaytm’s Mega IPO Is Priced for Perfection\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 21:32 GMT+8 <a href=https://www.wsj.com/articles/paytms-mega-ipo-is-priced-for-perfection-11637155277?siteid=yhoof2><strong>Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese billionaire Jack Ma may finally cash out through the initial public offering of a mobile payments giant. Not, however, a Chinese one.\nOne97 Communications, which owns Paytm—one of India’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/paytms-mega-ipo-is-priced-for-perfection-11637155277?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.wsj.com/articles/paytms-mega-ipo-is-priced-for-perfection-11637155277?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136886899","content_text":"Chinese billionaire Jack Ma may finally cash out through the initial public offering of a mobile payments giant. Not, however, a Chinese one.\nOne97 Communications, which owns Paytm—one of India’s leading mobile payment companies—is set to go public on Thursday in the country’s largest-ever IPO. China’s Ant Group, backed by Mr. Ma, is the company’s largest shareholder with an approximately 28% stake. Its affiliate company Alibaba also owns a roughly 7% stake. Both companies are set for a windfall: They first invested in Paytm in 2015, when its valuation was much lower. Paytm’s offer price values the company at nearly $20 billion. Ant itself failed to go public one year agoas regulators halted its IPO at the last minute.\nOther well-known billionaire investors are also set for a payday.Warren Buffett’s Berkshire Hathaway and Masayoshi Son’s SoftBank are other backers of the Indian company. SoftBank’s investments in China, including Alibaba,have suffered under that country’s regulatory crackdown. It’s a different story in India. In addition to Paytm, other Indian startups backed by SoftBank have gone public or plan to this year,taking advantage of the buoyant market.\nMobile payments have taken off in India in recent years, as the cost of smartphones and mobile plans have dropped. Banking services are relatively underdeveloped and so mobile payments have become one of the easiest ways to access financial services, similar to what has happened in China. The 2016 launch of Unified Payments Interface, an open system regulated by the central bank, has also helped mobile payments become more popular.\nInvestors are excited about India because e-commerce is still at a relatively early stage, given that around half of the population doesn’t even use the internet. Total payments made to merchants on Paytm’s app grew 76% in the past two years to 4 trillion rupees in the fiscal year ended March, the equivalent of $54 billion.\nPaytm has borrowed the playbook of its Chinese investors. Payments are fundamentally just a way to grow its user base. The company is actually banking on selling high-margin financial services to its 337 million customers. Paytm disbursed 1.4 million loans for the quarter ending in June, compared with 23,000 a year earlier. Bernstein expects financial services will be 19% of its revenue in the fiscal year ending March 2027, up from 5% currently. Paytm has also leapt aboardthe latest trend in paymentswith its own buy-now, pay-later service. Fintech companies fromPayPalto Square are all jumping into the space.\nThat growth potential is probably why investors are paying a premium even though Paytm remains in the red. At the IPO price, Paytm is trading at 50 times last fiscal year’s revenue. PayPal is trading at 10 times.\nSuch lofty heights may be justified—if Paytm continues to grow at a stellar pace. But it’s also facing strong competition. Google andWalmart’sPhonePe have big market share in the peer-to-peer payments market and could be formidable rivals. WhatsApp, which has partnered with mobile carrier Jio,controlled by India’s richest man, is another potential challenger.\nRegulation is another risk. Ant’s ambitions were sunk in part by Beijing’s decision toregulate the company more like a bank. Future moves by Indian regulators may not be as drastic. But tighter regulation of consumer internet firms is a global trend.\nPaytm investors are betting everything goes right at current prices. New Delhi—and the competition—might have different ideas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848051613,"gmtCreate":1635949391334,"gmtModify":1635949393266,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>will it hit 255 again?","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>will it hit 255 again?","text":"$GameStop(GME)$will it hit 255 again?","images":[{"img":"https://static.tigerbbs.com/e3916b82cd0c3abb5389b09a02cd88e5","width":"720","height":"2150"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/848051613","isVote":1,"tweetType":1,"viewCount":1638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":858503866,"gmtCreate":1635072439604,"gmtModify":1635072439664,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>gogo up up","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>gogo up up","text":"$GameStop(GME)$gogo up up","images":[{"img":"https://static.tigerbbs.com/b9d5fe9357ae48a686186b5c3dc8c882","width":"720","height":"2040"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858503866","isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":171102872,"gmtCreate":1626709982796,"gmtModify":1633924712818,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"👏🏻👏🏻👏🏻👏🏻👏🏻","listText":"👏🏻👏🏻👏🏻👏🏻👏🏻","text":"👏🏻👏🏻👏🏻👏🏻👏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171102872","repostId":"1146536243","repostType":4,"repost":{"id":"1146536243","kind":"news","pubTimestamp":1626683272,"share":"https://www.laohu8.com/m/news/1146536243?lang=&edition=full","pubTime":"2021-07-19 16:27","market":"us","language":"en","title":"Morgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual","url":"https://stock-news.laohu8.com/highlight/detail?id=1146536243","media":"zerohedge","summary":"This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.","content":"<p>We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.</p>\n<p>The debate over cycle 'normalcy' is self-explanatory. The pandemic created, without exaggeration, the single sharpest decline in output in recorded history. Then activity raced back, helped by policy support. The case for viewing this situation as unique, and distinct from other cyclical experiences, is based on the view that a fall and rise this violent never allowed for a traditional 'reset'.</p>\n<p>But 'normal' in markets is a funny concept, with the rough edges of memory often smoothed and polished by the passage of time. The cycle of 2003-07 ended with the largest banking and housing crisis since the Great Depression. The cycle of 1992-2000 ended with the bursting of an enormous equity bubble, widespread accounting fraud and unspeakable tragedy. 'Normal' cycles are nice in theory, harder in practice.</p>\n<p>Instead, let’s consider why we use the term ‘cycle’ at all. Economies and markets tend to follow cyclical patterns, patterns that tend to show up in market performance. It is those patterns we care about, and if they still apply, they can provide a useful guide in uncertain terrain.</p>\n<p>Was last year’s recession preceded by late-cycle conditions such as an inverted yield curve, low volatility, low unemployment, high consumer confidence and narrowing equity market breadth? It was. Did the resulting troughs in equities, credit, yields and yield curves match the usual cadence between market and economic lows? They did. And were the leaders of the ensuing rally the usual early-cycle winners, like small and cyclical stocks, high yield credit and industrial metals? They were.</p>\n<p>If it walks like a duck and quacks like a duck, we think that it’s a normal cycle. Or as normal as these things realistically are. If a lot of 'normal' cycle behavior has played out so far, it should <i>continue</i> to do so.</p>\n<p>Specifically, this relates to patterns of performance as the market recovers. And as that recovery advances, those patterns should shift. As noted by my colleague Michael Wilson, we think that we are moving to a mid-cycle market, despite being just 16 months removed from the lows of economic activity. We see a number of similarities between current conditions and 1H04, a mid-cycle period that followed a large, reflationary rally. And importantly, despite recent fears about growth, we think that the global recovery will keep pushing on (see The Growth Scare Anniversary, July 11, 2021).</p>\n<p>Because one can always find an indicator that fits their particular cycle view, we’ve long been fans of a composite. That’s our ‘cycle model’, which combines ten US metrics across macro, the credit cycle and corporate aggression to gauge where we are in the market cycle. After moving into late-cycle ‘downturn’ in June 2019, and early-cycle ‘repair’ in April 2020, it’s rocketed higher.<b>It has risen so fast that it’s blown right past what should be the next phase ('recovery'), and moved right into ‘expansion’.</b></p>\n<p><img src=\"https://static.tigerbbs.com/41879c4f66b33597ee236bdd52841004\" tg-width=\"904\" tg-height=\"490\" referrerpolicy=\"no-referrer\">Thisis unusual. ‘Expansion’ is meant to capture conditions that are 'better than normal, and improving',<b>and since 1980, it has taken an average of 35 months to get there after 'downturn' ends</b>. Its speedy arrival speaks to a speedy recovery powered by enormous policy support.<b>It also hints at another possibility: this hotter cycle could be shorter.</b>This is our thesis, and it’s showing up in our quantitative measure.</p>\n<p>All this has a number of implications:</p>\n<ul>\n <li><b>The shorter the cycle, the worse for credit relative to other risky assets; credit enjoys fewer of the gains from the 'boom', is exposed if the next downturn is early, and faces more supply as corporate confidence increases</b>. In the ‘expansion’ phase of our cycle model, US IG and HY credit N12M excess returns are 29bp and 161bp worse than average, respectively.</li>\n <li><b>In many of those periods, more mixed credit performance occurs despite default rates remaining low</b>. Investors should try to take default risk over spread risk: our credit strategists like owning CDX HY 0-15%, and hedging with CDX IG payer spreads.</li>\n <li><b>In equities, we think that our model supports more balance in portfolios</b>. We like healthcare in both the US and Europe as a sector with several nice factor exposures: quality, low valuation, high carry and low volatility. Globally, equities in Europe and Japan have tended to outperform 'mid-cycle', and we think that they can do so again.</li>\n <li><b>Interest rates are too pessimistic on the recovery. US 10-year Treasury N12M returns are 97bp worse than average during the ‘expansion’ phase of our cycle model</b>. Guneet Dhingra and our US interest rate strategy team have moved underweight US 10-year Treasuries, and we in turn have moved back underweight government bonds in our global asset allocation.</li>\n</ul>\n<p>This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.</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>Morgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual</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\">\nMorgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 16:27 GMT+8 <a href=https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.\nThe debate over cycle '...</p>\n\n<a href=\"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146536243","content_text":"We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.\nThe debate over cycle 'normalcy' is self-explanatory. The pandemic created, without exaggeration, the single sharpest decline in output in recorded history. Then activity raced back, helped by policy support. The case for viewing this situation as unique, and distinct from other cyclical experiences, is based on the view that a fall and rise this violent never allowed for a traditional 'reset'.\nBut 'normal' in markets is a funny concept, with the rough edges of memory often smoothed and polished by the passage of time. The cycle of 2003-07 ended with the largest banking and housing crisis since the Great Depression. The cycle of 1992-2000 ended with the bursting of an enormous equity bubble, widespread accounting fraud and unspeakable tragedy. 'Normal' cycles are nice in theory, harder in practice.\nInstead, let’s consider why we use the term ‘cycle’ at all. Economies and markets tend to follow cyclical patterns, patterns that tend to show up in market performance. It is those patterns we care about, and if they still apply, they can provide a useful guide in uncertain terrain.\nWas last year’s recession preceded by late-cycle conditions such as an inverted yield curve, low volatility, low unemployment, high consumer confidence and narrowing equity market breadth? It was. Did the resulting troughs in equities, credit, yields and yield curves match the usual cadence between market and economic lows? They did. And were the leaders of the ensuing rally the usual early-cycle winners, like small and cyclical stocks, high yield credit and industrial metals? They were.\nIf it walks like a duck and quacks like a duck, we think that it’s a normal cycle. Or as normal as these things realistically are. If a lot of 'normal' cycle behavior has played out so far, it should continue to do so.\nSpecifically, this relates to patterns of performance as the market recovers. And as that recovery advances, those patterns should shift. As noted by my colleague Michael Wilson, we think that we are moving to a mid-cycle market, despite being just 16 months removed from the lows of economic activity. We see a number of similarities between current conditions and 1H04, a mid-cycle period that followed a large, reflationary rally. And importantly, despite recent fears about growth, we think that the global recovery will keep pushing on (see The Growth Scare Anniversary, July 11, 2021).\nBecause one can always find an indicator that fits their particular cycle view, we’ve long been fans of a composite. That’s our ‘cycle model’, which combines ten US metrics across macro, the credit cycle and corporate aggression to gauge where we are in the market cycle. After moving into late-cycle ‘downturn’ in June 2019, and early-cycle ‘repair’ in April 2020, it’s rocketed higher.It has risen so fast that it’s blown right past what should be the next phase ('recovery'), and moved right into ‘expansion’.\nThisis unusual. ‘Expansion’ is meant to capture conditions that are 'better than normal, and improving',and since 1980, it has taken an average of 35 months to get there after 'downturn' ends. Its speedy arrival speaks to a speedy recovery powered by enormous policy support.It also hints at another possibility: this hotter cycle could be shorter.This is our thesis, and it’s showing up in our quantitative measure.\nAll this has a number of implications:\n\nThe shorter the cycle, the worse for credit relative to other risky assets; credit enjoys fewer of the gains from the 'boom', is exposed if the next downturn is early, and faces more supply as corporate confidence increases. In the ‘expansion’ phase of our cycle model, US IG and HY credit N12M excess returns are 29bp and 161bp worse than average, respectively.\nIn many of those periods, more mixed credit performance occurs despite default rates remaining low. Investors should try to take default risk over spread risk: our credit strategists like owning CDX HY 0-15%, and hedging with CDX IG payer spreads.\nIn equities, we think that our model supports more balance in portfolios. We like healthcare in both the US and Europe as a sector with several nice factor exposures: quality, low valuation, high carry and low volatility. Globally, equities in Europe and Japan have tended to outperform 'mid-cycle', and we think that they can do so again.\nInterest rates are too pessimistic on the recovery. US 10-year Treasury N12M returns are 97bp worse than average during the ‘expansion’ phase of our cycle model. Guneet Dhingra and our US interest rate strategy team have moved underweight US 10-year Treasuries, and we in turn have moved back underweight government bonds in our global asset allocation.\n\nThis cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897554807,"gmtCreate":1628948614109,"gmtModify":1633688347620,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/897554807","repostId":"2159321505","repostType":4,"repost":{"id":"2159321505","kind":"highlight","pubTimestamp":1628911811,"share":"https://www.laohu8.com/m/news/2159321505?lang=&edition=full","pubTime":"2021-08-14 11:30","market":"us","language":"en","title":"Tesla seeks to reduce board members’ terms, make other changes in October shareholder meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321505","media":"MarketWatch","summary":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. ","content":"<p>Board members would serve for two years rather than three</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abc701f141f0c0044cabe912e510fe2e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Tesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES</span></p>\n<p>Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.</p>\n<p>One of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s board currently has nine members who are divided into three classes in staggered three-year terms.</p>\n<p>If the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the filing.</p>\n<p>The board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.</p>\n<p>Tesla’s board nominated current board members James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.</p>\n<p>Tesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.</p>\n<p>The two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.</p>\n<p>Tesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&P 500 index.</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 seeks to reduce board members’ terms, make other changes in October shareholder meeting</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\">\nTesla seeks to reduce board members’ terms, make other changes in October shareholder meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 11:30 GMT+8 <a href=https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/tesla-seeks-to-reduce-board-terms-in-october-shareholder-meeting-11628888340?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321505","content_text":"Board members would serve for two years rather than three\nTesla CEO Elon Musk in Germany last year. MAJA HITIJ/GETTY IMAGES\nTesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday.\nOne of the proposals calls for each director’s term to be reduced from three years to two years. Tesla’s board currently has nine members who are divided into three classes in staggered three-year terms.\nIf the proposal is approved, however, the board will be divided into two classes with staggered two-year terms, with directors distributed as equally between the classes as possible, Tesla said in the filing.\nThe board would be reduced to eight members, since Antonio Gracias, a venture capitalist who has served on the Tesla board since 2007, said in 2019 he’d not be seeking reelection when his term ends this year.\nTesla’s board nominated current board members James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and Kimbal Musk, Chief Executive Elon Musk’s brother, for re-election as class II directors, with terms expiring in 2024. If the term reduction is approved, then their terms would end in 2023, the company said.\nTesla’s curtailing board member terms was a response to a shareholder proposal calling to elect each board member for one year.\nThe two-year term, however, “strikes a suitable balance to the long-term interests of and nearer-term accountability to our stockholders at this time,” Tesla said.\nTesla shares were flat in after-hours trading after ending the regular trading day down 0.7%. The stock has gained 1.6% this year, compared with gains of around 19% for the S&P 500 index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145338963,"gmtCreate":1626189152352,"gmtModify":1631888296522,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SGOC\">$SGOCO Group Ltd(SGOC)$</a>sshoukd I buy to average down?","listText":"<a href=\"https://laohu8.com/S/SGOC\">$SGOCO Group Ltd(SGOC)$</a>sshoukd I buy to average down?","text":"$SGOCO Group Ltd(SGOC)$sshoukd I buy to average down?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145338963","isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":607497684,"gmtCreate":1639576012322,"gmtModify":1639576045030,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UPST\">$Upstart Holdings, Inc.(UPST)$</a>hhow?????","listText":"<a href=\"https://laohu8.com/S/UPST\">$Upstart Holdings, Inc.(UPST)$</a>hhow?????","text":"$Upstart Holdings, Inc.(UPST)$hhow?????","images":[{"img":"https://static.tigerbbs.com/f80f77c0347f83bf876d837f8dbae372","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607497684","isVote":1,"tweetType":1,"viewCount":1387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":854352176,"gmtCreate":1635422966032,"gmtModify":1635422966160,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>omg......","listText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>omg......","text":"$Futu Holdings Limited(FUTU)$omg......","images":[{"img":"https://static.tigerbbs.com/a48f524f21ab171f829e68319839ad68","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854352176","isVote":1,"tweetType":1,"viewCount":1214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":855345394,"gmtCreate":1635340449007,"gmtModify":1635340449146,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>waiting....","listText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>waiting....","text":"$Luokung Technology Corp(LKCO)$waiting....","images":[{"img":"https://static.tigerbbs.com/735081495d4ecb7c3b45bb1b6bce3482","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855345394","isVote":1,"tweetType":1,"viewCount":1327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":866601591,"gmtCreate":1632757734913,"gmtModify":1632798031661,"author":{"id":"3583264330250179","authorId":"3583264330250179","name":"Yayatrades","avatar":"https://static.tigerbbs.com/e6dc94e7b19cbc9ea399d705c93ada0d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583264330250179","authorIdStr":"3583264330250179"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLUG\">$Plug Power(PLUG)$</a>should I buy? 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