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2021-09-09

Hope ✅

GameStop Stock Slumps After Wider-Than-Expected Second Quarter Loss<blockquote>游戏驿站第二季度亏损超出预期后股价暴跌</blockquote>

2021-09-07

Love it

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2021-09-01

I like workday more than rest.

Goldman Sachs sees as much as 33% upside in these stocks — peek before they pop<blockquote>高盛认为这些股票的上涨空间高达33%——在它们上涨之前先看看</blockquote>

2021-08-30

Like it

Globalstar shares rose more than 20% in premarket trading<blockquote>Globalstar股价在盘前交易中上涨超过20%</blockquote>

2021-08-29

Hope it up more

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2021-08-28

High risk high gain

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2021-08-28

Low interest and Fed unchanged policy for growth = record dtock level 😁😁😁

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2021-08-27

Good. Hope to see more

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2021-08-25

Good recommendations

Here Are the 10 Cheapest Stocks in the S&P 500<blockquote>以下是标普500中最便宜的10只股票</blockquote>

2021-08-25

More challenges ahead

“Infrastructure Plan and Welfare Plan” - The Second “Trouble” That Biden Has to Deal with<blockquote>“基建计划和福利计划”——拜登要处理的第二个“麻烦”</blockquote>

2021-08-24

Coy with deepest pocket will win

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2021-08-23

Good

JD.com beats second-quarter sales estimates<blockquote>京东第二季度销售超出预期</blockquote>

2021-08-23

Nice

This OTC Toy Stock Has Outperformed Hasbro And Mattel In The Last 5 Years Thanks To Paw Patrol<blockquote>得益于Paw Patrol，这只OTC玩具股票在过去5年中的表现优于孩之宝和美泰</blockquote>

2021-08-20

Like this analysis. Too big to fail. But expect aslow climb

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2021-08-20

$Lion-OCBC Sec HSTECH S$(HST.SI)$Almost there $1

2021-08-19

Will be even cheaper if the downtrend continues for this week….

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2021-08-18

Price maybe too high now

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2021-08-18

Very good info. Many Salesforce is widely used by leading coy. Worth to consider.

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2021-08-06

Good info

Goldman's Top 13 Charts For The Month Of August<blockquote>高盛8月份前13名图表</blockquote>

去老虎APP查看更多动态

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GameStop's reported loss was 85 cents per share. Group revenues, GameStop said, rose 25.6% from last year to $1.183 billion, topping analysts estimates of $1.12 billion.</p><p><blockquote>游戏驿站表示，截至7月31日的三个月调整后亏损为每股76美元，较去年同期每股亏损1.42美元有所收窄，但高于华尔街普遍预测的每股-66美分。游戏驿站报告每股亏损85美分。游戏驿站表示，集团收入较去年增长25.6%，达到11.83亿美元，超过分析师预期的11.2亿美元。</blockquote></p><p> During the second quarter of 2021, most of our stores in all jurisdictions returned to normal operations,\" GameStop said in a Securities &amp; Exchange Commission filing. \"However, with the resurgence of COVID-19 cases due to variants, we experienced some temporary closures in our Australian segment prior to the end of the second quarter of 2021.</p><p><blockquote>2021年第二季度，我们在所有司法管辖区的大多数商店都恢复了正常运营，”游戏驿站在向美国证券交易委员会提交的文件中表示。“然而，随着COVID-19病例因变异而死灰复燃，我们的澳大利亚业务在2021年第二季度末之前经历了一些临时关闭。</blockquote></p><p> The retailer did not provide an outlook for the coming quarters or take questions during its earnings conference call. It was the first call since CEO Matthew Furlong and CFO Mike Recupero joined GameStop’s leadership.</p><p><blockquote>该零售商没有提供未来几个季度的前景，也没有在财报电话会议上回答问题。这是自首席执行官Matthew Furlong和首席财务官Mike Recupero加入游戏驿站领导层以来的第一次看涨期权。</blockquote></p><p> The retailer also said the U.S. Securities and Exchange Commission has requested additional documents for&nbsp;a probe into GameStop and other companies’ trading activity, which the company had disclosed in May. GameStop said the inquiry is not expected to negatively impact the company.</p><p><blockquote>该零售商还表示，美国证券交易委员会已要求提供更多文件，以调查游戏驿站和其他公司的交易活动，该公司已于5月份披露了这些活动。游戏驿站表示，预计调查不会对公司产生负面影响。</blockquote></p><p> GameStop has been trying to&nbsp;shift its business more toward e-commerce. In an effort to improve the delivery of online orders, the company announced it signed a lease for a 530,000-square-foot fulfillment center in Reno, Nevada. The site will help it to expand its fulfillment network across both U.S. coasts.</p><p><blockquote>游戏驿站一直试图将其业务更多地转向电子商务。为了改善在线订单的交付，该公司宣布在内华达州里诺签署了一份530,000平方英尺的履行中心的租约。该网站将帮助其扩大其在美国两个海岸的履行网络。</blockquote></p><p> The retailer is also working to expand its customer care operations in the U.S. by leasing a center in Pembroke Pines, Florida.</p><p><blockquote>该零售商还致力于通过在佛罗里达州彭布罗克派恩斯租赁一个中心来扩大其在美国的客户服务业务。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Slumps After Wider-Than-Expected Second Quarter Loss<blockquote>游戏驿站第二季度亏损超出预期后股价暴跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Slumps After Wider-Than-Expected Second Quarter Loss<blockquote>游戏驿站第二季度亏损超出预期后股价暴跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-09-09 07:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><i><b>(Update: Sept 9, 2021 at 04:09 a.m. ET)</b></i></p><p><blockquote><i><b>（更新：美国东部时间2021年9月9日凌晨04:09）</b></i></blockquote></p><p> GameStop&nbsp;Report&nbsp;posted a wider-than-expected second quarter loss Wednesday, but topped Street sales forecasts as brick-and-mortar stores saw increased traffic as pandemic restrictions around the country eased.</p><p><blockquote>游戏驿站报告周三公布的第二季度亏损超出预期，但超出了街头销售预期，因为随着全国各地疫情限制的放松，实体店的客流量增加。</blockquote></p><p> Shares of video game retailer&nbsp;GameStop&nbsp;fell about 7% in premarket trading Thursday.</p><p><blockquote>视频游戏零售商游戏驿站的股价在周四盘前交易中下跌约7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b39dbf39834fbbc4475da402e54b9356\" tg-width=\"1034\" tg-height=\"569\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> GameStop said its adjusted loss for the three months ending on July 31 was pegged at 76 per share, narrowing from a loss of $1.42 per share over the same period last year but wider than the Street consensus forecast of -66 cents per share. GameStop's reported loss was 85 cents per share. Group revenues, GameStop said, rose 25.6% from last year to $1.183 billion, topping analysts estimates of $1.12 billion.</p><p><blockquote>游戏驿站表示，截至7月31日的三个月调整后亏损为每股76美元，较去年同期每股亏损1.42美元有所收窄，但高于华尔街普遍预测的每股-66美分。游戏驿站报告每股亏损85美分。游戏驿站表示，集团收入较去年增长25.6%，达到11.83亿美元，超过分析师预期的11.2亿美元。</blockquote></p><p> During the second quarter of 2021, most of our stores in all jurisdictions returned to normal operations,\" GameStop said in a Securities &amp; Exchange Commission filing. \"However, with the resurgence of COVID-19 cases due to variants, we experienced some temporary closures in our Australian segment prior to the end of the second quarter of 2021.</p><p><blockquote>2021年第二季度，我们在所有司法管辖区的大多数商店都恢复了正常运营，”游戏驿站在向美国证券交易委员会提交的文件中表示。“然而，随着COVID-19病例因变异而死灰复燃，我们的澳大利亚业务在2021年第二季度末之前经历了一些临时关闭。</blockquote></p><p> The retailer did not provide an outlook for the coming quarters or take questions during its earnings conference call. It was the first call since CEO Matthew Furlong and CFO Mike Recupero joined GameStop’s leadership.</p><p><blockquote>该零售商没有提供未来几个季度的前景，也没有在财报电话会议上回答问题。这是自首席执行官Matthew Furlong和首席财务官Mike Recupero加入游戏驿站领导层以来的第一次看涨期权。</blockquote></p><p> The retailer also said the U.S. Securities and Exchange Commission has requested additional documents for&nbsp;a probe into GameStop and other companies’ trading activity, which the company had disclosed in May. GameStop said the inquiry is not expected to negatively impact the company.</p><p><blockquote>该零售商还表示，美国证券交易委员会已要求提供更多文件，以调查游戏驿站和其他公司的交易活动，该公司已于5月份披露了这些活动。游戏驿站表示，预计调查不会对公司产生负面影响。</blockquote></p><p> GameStop has been trying to&nbsp;shift its business more toward e-commerce. In an effort to improve the delivery of online orders, the company announced it signed a lease for a 530,000-square-foot fulfillment center in Reno, Nevada. The site will help it to expand its fulfillment network across both U.S. coasts.</p><p><blockquote>游戏驿站一直试图将其业务更多地转向电子商务。为了改善在线订单的交付，该公司宣布在内华达州里诺签署了一份530,000平方英尺的履行中心的租约。该网站将帮助其扩大其在美国两个海岸的履行网络。</blockquote></p><p> The retailer is also working to expand its customer care operations in the U.S. by leasing a center in Pembroke Pines, Florida.</p><p><blockquote>该零售商还致力于通过在佛罗里达州彭布罗克派恩斯租赁一个中心来扩大其在美国的客户服务业务。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145747566","content_text":"(Update: Sept 9, 2021 at 04:09 a.m. ET)\nGameStop Report posted a wider-than-expected second quarter loss Wednesday, but topped Street sales forecasts as brick-and-mortar stores saw increased traffic as pandemic restrictions around the country eased.\nShares of video game retailer GameStop fell about 7% in premarket trading Thursday.\n\nGameStop said its adjusted loss for the three months ending on July 31 was pegged at 76 per share, narrowing from a loss of $1.42 per share over the same period last year but wider than the Street consensus forecast of -66 cents per share. GameStop's reported loss was 85 cents per share. Group revenues, GameStop said, rose 25.6% from last year to $1.183 billion, topping analysts estimates of $1.12 billion.\nDuring the second quarter of 2021, most of our stores in all jurisdictions returned to normal operations,\" GameStop said in a Securities & Exchange Commission filing. \"However, with the resurgence of COVID-19 cases due to variants, we experienced some temporary closures in our Australian segment prior to the end of the second quarter of 2021.\nThe retailer did not provide an outlook for the coming quarters or take questions during its earnings conference call. It was the first call since CEO Matthew Furlong and CFO Mike Recupero joined GameStop’s leadership.\nThe retailer also said the U.S. Securities and Exchange Commission has requested additional documents for a probe into GameStop and other companies’ trading activity, which the company had disclosed in May. GameStop said the inquiry is not expected to negatively impact the company.\nGameStop has been trying to shift its business more toward e-commerce. In an effort to improve the delivery of online orders, the company announced it signed a lease for a 530,000-square-foot fulfillment center in Reno, Nevada. The site will help it to expand its fulfillment network across both U.S. coasts.\nThe retailer is also working to expand its customer care operations in the U.S. by leasing a center in Pembroke Pines, Florida.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817719388,"gmtCreate":1630987304044,"gmtModify":1632904755691,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Love it","listText":"Love it","text":"Love it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817719388","repostId":"1105876391","repostType":4,"isVote":1,"tweetType":1,"viewCount":2789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816101872,"gmtCreate":1630473493996,"gmtModify":1633677794686,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"I like workday more than rest.&nbsp;","listText":"I like workday more than rest.&nbsp;","text":"I like workday more than rest.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816101872","repostId":"2164866771","repostType":4,"repost":{"id":"2164866771","kind":"news","pubTimestamp":1630455900,"share":"https://www.laohu8.com/m/news/2164866771?lang=zh_CN&edition=full","pubTime":"2021-09-01 08:25","market":"us","language":"en","title":"Goldman Sachs sees as much as 33% upside in these stocks — peek before they pop<blockquote>高盛认为这些股票的上涨空间高达33%——在它们上涨之前先看看</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2164866771","media":"MoneyWise","summary":"Goldman believes this trio of stocks can take off.\n\nWall Street doesn’t always get it right.\nIn fact","content":"<p><b>Goldman believes this trio of stocks can take off.</b></p><p><blockquote><b>高盛相信这三只股票可以起飞。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f5542d0a10aab39580d67416addb84d3\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Wall Street doesn’t always get it right.</p><p><blockquote>华尔街并不总是做对的。</blockquote></p><p> In fact, it’s always good practice to take analyst opinions with a golf ball-sized grain of salt. That said, Wall Street firms with solid track records can be a useful source of buy ideas.</p><p><blockquote>事实上，对分析师的意见持高尔夫球大小的保留态度总是一个好做法。也就是说，拥有良好业绩记录的华尔街公司可能是买入想法的有用来源。</blockquote></p><p> Let’s look at three stocks that investment giant Goldman Sachs has recently taken a bullish stance on.</p><p><blockquote>我们来看看投资巨头高盛最近看涨的三只股票。</blockquote></p><p> One of them could very well be your next big money-maker.</p><p><blockquote>他们中的一个很可能是你的下一个大赚钱者。</blockquote></p><p> <b>1. Weber</b></p><p><blockquote><b>1.韦伯</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f8ea3ad9c7ad11a4c82b90e11915d319\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Brett Levin / Flickr</p><p><blockquote>布雷特·莱文/Flickr</blockquote></p><p> Leading off our list is grill maker Weber, which Goldman started coverage on with a Buy rating Monday. Along with the bullish stance, Goldman analyst Kate McShane planted a $22 price target on the shares, representing upside of about 33% from where they sit now.</p><p><blockquote>在我们的名单中名列前茅的是烧烤制造商韦伯，高盛周一开始对该公司给予买入评级。除了看涨立场外，高盛分析师Kate McShane还为该股设定了22美元的目标价，较目前上涨约33%。</blockquote></p><p> With the trend of investing in the home only picking up pace, McShane thinks Weber is a “solid growth story.” The analyst also sees the company benefitting from consumer brand awareness and global growth tailwinds.</p><p><blockquote>随着投资住宅的趋势不断加快，麦克沙恩认为韦伯是一个“稳健的增长故事”。分析师还认为该公司将受益于消费者品牌知名度和全球增长的顺风。</blockquote></p><p> In 2020, the company posted revenue of $1.5 billion with a solid return on invested capital of 14%.</p><p><blockquote>2020年，该公司营收为15亿美元，投资资本回报率为14%。</blockquote></p><p> Weber shares quickly spiked after their IPO earlier this month, but have fallen 17% since the initial run-up, providing a possible opportunity for contrarian traders.</p><p><blockquote>Weber股价在本月早些时候首次公开募股后迅速飙升，但自最初上涨以来已下跌17%，这为逆向交易者提供了可能的机会。</blockquote></p><p> <b>2. <a href=\"https://laohu8.com/S/WDAY\">Workday</a></b></p><p><blockquote><b>2.<a href=\"https://laohu8.com/S/WDAY\">工作日</a></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/748691e6368293a02ca46db7c07e50b6\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Coolcaesar / Wikimedia Commons</p><p><blockquote>酷凯撒/维基共享资源</blockquote></p><p> Next up, we have cloud computing technologist Workday, which Goldman raised its price target on from $300 to $330 per share. In other words, Goldman analyst Kash Rangan sees upside of about 20% from where Workday currently trades.</p><p><blockquote>接下来是云计算技术专家Workday，高盛将其目标股价从每股300美元上调至330美元。换句话说，高盛分析师Kash Rangan认为Workday目前的交易价格还有约20%的上涨空间。</blockquote></p><p> Rangan also reiterated his Buy rating on the stock.</p><p><blockquote>兰根还重申了对该股的买入评级。</blockquote></p><p> In a research note to investors, Rangan wrote that Workday is well-positioned to take market share over the long haul even as the exact timing of its large financial migrations remains unclear.</p><p><blockquote>兰根在给投资者的一份研究报告中写道，Workday处于有利地位，可以长期占领市场份额，尽管其大规模金融迁移的确切时间仍不清楚。</blockquote></p><p> In its Q2 results last week, Workday blew out expectations with revenue growth of 19%. The company also posted non-GAAP earnings of $1.23 a share, well above the average analyst estimate of 78 cents a share.</p><p><blockquote>Workday在上周的第二季度业绩中，收入增长19%，超出预期。该公司还公布了非公认会计准则每股收益1.23美元，远高于分析师平均预期的每股78美分。</blockquote></p><p> Workday shares are up just 13% so far in 2021 versus 21% for the S&amp;P 500.</p><p><blockquote>2021年迄今为止，Workday股价仅上涨13%，而标普500股价上涨21%。</blockquote></p><p> <b>3. <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b></p><p><blockquote><b>3.<a href=\"https://laohu8.com/S/SNOW\">雪花</a></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/644eebc7b4206b78957037f755a44c03\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Sundry Photography / Shutterstock</p><p><blockquote>杂项摄影/Shutterstock</blockquote></p><p> Rounding out our list is cloud-based data platform Snowflake, which Goldman’s Rangan lifted his price target on from $300 to $340. Rangan’s projection represents 14% worth of upside for today’s buyers of Snowflake shares.</p><p><blockquote>我们的名单中还有基于云的数据平台Snowflake，高盛的Rangan将其目标价从300美元上调至340美元。Rangan的预测对于今天的Snowflake股票买家来说有14%的上涨空间。</blockquote></p><p> Rangan thinks Snowflake’s native cloud platform is ideally positioned to replace data warehousing services over the long haul due to its scalability and elasticity. Rangan also highlighted the company’s “best in class” net revenue retention rate of 169% in the most recent quarter.</p><p><blockquote>Rangan认为，由于其可扩展性和弹性，Snowflake的原生云平台非常适合长期取代数据仓库服务。Rangan还强调了该公司最近一个季度169%的“同类最佳”净收入保留率。</blockquote></p><p> While Snowflake posted a wider-than-expected loss in Q2, revenue more than doubled from the year-ago period to $272 million.</p><p><blockquote>尽管Snowflake第二季度亏损超出预期，但收入较去年同期增长了一倍多，达到2.72亿美元。</blockquote></p><p> Snowflake shares are up 6% year to date, underperforming the S&amp;P 500 by a wide margin, suggesting that the stock could have plenty of room to run for the rest of 2021.</p><p><blockquote>Snowflake股价今年迄今已上涨6%，表现大幅落后于标普500，这表明该股在2021年剩余时间内可能还有很大的上涨空间。</blockquote></p><p> Go your own way?</p><p><blockquote>走自己的路？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ffc1d02d5bf11b54fceefed05d81522d\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Fotokostic / Shutterstock</p><p><blockquote>光声/Shutterstock</blockquote></p><p> There you have it: three newly upgraded stocks worth checking out.</p><p><blockquote>现在你知道了：三只新升级的股票值得一看。</blockquote></p><p> Even if you don't agree with Goldman on these specific stock picks, your goal as investor should always remain the same: seeking out attractive assets at discounted prices.</p><p><blockquote>即使您不同意高盛在这些特定股票选择上的观点，作为投资者，您的目标也应该始终保持不变：以折扣价寻找有吸引力的资产。</blockquote></p><p> You don't have to limit yourself to the stock market, either.</p><p><blockquote>你也不必局限于股票市场。</blockquote></p><p> One attractive asset that billionaire Bill Gates is partial to is investing in U.S. farmland.</p><p><blockquote>亿万富翁比尔·盖茨偏爱的一项有吸引力的资产是投资美国农田。</blockquote></p><p> In fact, Gates is America's biggest owner of farmland and for good reason: Over the years, agriculture has been shown to offer higher risk-adjusted returns than both stocks and real estate.</p><p><blockquote>事实上，盖茨是美国最大的农田所有者，这是有充分理由的：多年来，农业已被证明比股票和房地产提供更高的风险调整回报。</blockquote></p><p></p>","source":"lsy1621813427262","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>Goldman Sachs sees as much as 33% upside in these stocks — peek before they pop<blockquote>高盛认为这些股票的上涨空间高达33%——在它们上涨之前先看看</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs sees as much as 33% upside in these stocks — peek before they pop<blockquote>高盛认为这些股票的上涨空间高达33%——在它们上涨之前先看看</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MoneyWise</strong><span class=\"h-time small\">2021-09-01 08:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Goldman believes this trio of stocks can take off.</b></p><p><blockquote><b>高盛相信这三只股票可以起飞。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f5542d0a10aab39580d67416addb84d3\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Wall Street doesn’t always get it right.</p><p><blockquote>华尔街并不总是做对的。</blockquote></p><p> In fact, it’s always good practice to take analyst opinions with a golf ball-sized grain of salt. That said, Wall Street firms with solid track records can be a useful source of buy ideas.</p><p><blockquote>事实上，对分析师的意见持高尔夫球大小的保留态度总是一个好做法。也就是说，拥有良好业绩记录的华尔街公司可能是买入想法的有用来源。</blockquote></p><p> Let’s look at three stocks that investment giant Goldman Sachs has recently taken a bullish stance on.</p><p><blockquote>我们来看看投资巨头高盛最近看涨的三只股票。</blockquote></p><p> One of them could very well be your next big money-maker.</p><p><blockquote>他们中的一个很可能是你的下一个大赚钱者。</blockquote></p><p> <b>1. Weber</b></p><p><blockquote><b>1.韦伯</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f8ea3ad9c7ad11a4c82b90e11915d319\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Brett Levin / Flickr</p><p><blockquote>布雷特·莱文/Flickr</blockquote></p><p> Leading off our list is grill maker Weber, which Goldman started coverage on with a Buy rating Monday. Along with the bullish stance, Goldman analyst Kate McShane planted a $22 price target on the shares, representing upside of about 33% from where they sit now.</p><p><blockquote>在我们的名单中名列前茅的是烧烤制造商韦伯，高盛周一开始对该公司给予买入评级。除了看涨立场外，高盛分析师Kate McShane还为该股设定了22美元的目标价，较目前上涨约33%。</blockquote></p><p> With the trend of investing in the home only picking up pace, McShane thinks Weber is a “solid growth story.” The analyst also sees the company benefitting from consumer brand awareness and global growth tailwinds.</p><p><blockquote>随着投资住宅的趋势不断加快，麦克沙恩认为韦伯是一个“稳健的增长故事”。分析师还认为该公司将受益于消费者品牌知名度和全球增长的顺风。</blockquote></p><p> In 2020, the company posted revenue of $1.5 billion with a solid return on invested capital of 14%.</p><p><blockquote>2020年，该公司营收为15亿美元，投资资本回报率为14%。</blockquote></p><p> Weber shares quickly spiked after their IPO earlier this month, but have fallen 17% since the initial run-up, providing a possible opportunity for contrarian traders.</p><p><blockquote>Weber股价在本月早些时候首次公开募股后迅速飙升，但自最初上涨以来已下跌17%，这为逆向交易者提供了可能的机会。</blockquote></p><p> <b>2. <a href=\"https://laohu8.com/S/WDAY\">Workday</a></b></p><p><blockquote><b>2.<a href=\"https://laohu8.com/S/WDAY\">工作日</a></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/748691e6368293a02ca46db7c07e50b6\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Coolcaesar / Wikimedia Commons</p><p><blockquote>酷凯撒/维基共享资源</blockquote></p><p> Next up, we have cloud computing technologist Workday, which Goldman raised its price target on from $300 to $330 per share. In other words, Goldman analyst Kash Rangan sees upside of about 20% from where Workday currently trades.</p><p><blockquote>接下来是云计算技术专家Workday，高盛将其目标股价从每股300美元上调至330美元。换句话说，高盛分析师Kash Rangan认为Workday目前的交易价格还有约20%的上涨空间。</blockquote></p><p> Rangan also reiterated his Buy rating on the stock.</p><p><blockquote>兰根还重申了对该股的买入评级。</blockquote></p><p> In a research note to investors, Rangan wrote that Workday is well-positioned to take market share over the long haul even as the exact timing of its large financial migrations remains unclear.</p><p><blockquote>兰根在给投资者的一份研究报告中写道，Workday处于有利地位，可以长期占领市场份额，尽管其大规模金融迁移的确切时间仍不清楚。</blockquote></p><p> In its Q2 results last week, Workday blew out expectations with revenue growth of 19%. The company also posted non-GAAP earnings of $1.23 a share, well above the average analyst estimate of 78 cents a share.</p><p><blockquote>Workday在上周的第二季度业绩中，收入增长19%，超出预期。该公司还公布了非公认会计准则每股收益1.23美元，远高于分析师平均预期的每股78美分。</blockquote></p><p> Workday shares are up just 13% so far in 2021 versus 21% for the S&amp;P 500.</p><p><blockquote>2021年迄今为止，Workday股价仅上涨13%，而标普500股价上涨21%。</blockquote></p><p> <b>3. <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b></p><p><blockquote><b>3.<a href=\"https://laohu8.com/S/SNOW\">雪花</a></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/644eebc7b4206b78957037f755a44c03\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Sundry Photography / Shutterstock</p><p><blockquote>杂项摄影/Shutterstock</blockquote></p><p> Rounding out our list is cloud-based data platform Snowflake, which Goldman’s Rangan lifted his price target on from $300 to $340. Rangan’s projection represents 14% worth of upside for today’s buyers of Snowflake shares.</p><p><blockquote>我们的名单中还有基于云的数据平台Snowflake，高盛的Rangan将其目标价从300美元上调至340美元。Rangan的预测对于今天的Snowflake股票买家来说有14%的上涨空间。</blockquote></p><p> Rangan thinks Snowflake’s native cloud platform is ideally positioned to replace data warehousing services over the long haul due to its scalability and elasticity. Rangan also highlighted the company’s “best in class” net revenue retention rate of 169% in the most recent quarter.</p><p><blockquote>Rangan认为，由于其可扩展性和弹性，Snowflake的原生云平台非常适合长期取代数据仓库服务。Rangan还强调了该公司最近一个季度169%的“同类最佳”净收入保留率。</blockquote></p><p> While Snowflake posted a wider-than-expected loss in Q2, revenue more than doubled from the year-ago period to $272 million.</p><p><blockquote>尽管Snowflake第二季度亏损超出预期，但收入较去年同期增长了一倍多，达到2.72亿美元。</blockquote></p><p> Snowflake shares are up 6% year to date, underperforming the S&amp;P 500 by a wide margin, suggesting that the stock could have plenty of room to run for the rest of 2021.</p><p><blockquote>Snowflake股价今年迄今已上涨6%，表现大幅落后于标普500，这表明该股在2021年剩余时间内可能还有很大的上涨空间。</blockquote></p><p> Go your own way?</p><p><blockquote>走自己的路？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ffc1d02d5bf11b54fceefed05d81522d\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Fotokostic / Shutterstock</p><p><blockquote>光声/Shutterstock</blockquote></p><p> There you have it: three newly upgraded stocks worth checking out.</p><p><blockquote>现在你知道了：三只新升级的股票值得一看。</blockquote></p><p> Even if you don't agree with Goldman on these specific stock picks, your goal as investor should always remain the same: seeking out attractive assets at discounted prices.</p><p><blockquote>即使您不同意高盛在这些特定股票选择上的观点，作为投资者，您的目标也应该始终保持不变：以折扣价寻找有吸引力的资产。</blockquote></p><p> You don't have to limit yourself to the stock market, either.</p><p><blockquote>你也不必局限于股票市场。</blockquote></p><p> One attractive asset that billionaire Bill Gates is partial to is investing in U.S. farmland.</p><p><blockquote>亿万富翁比尔·盖茨偏爱的一项有吸引力的资产是投资美国农田。</blockquote></p><p> In fact, Gates is America's biggest owner of farmland and for good reason: Over the years, agriculture has been shown to offer higher risk-adjusted returns than both stocks and real estate.</p><p><blockquote>事实上，盖茨是美国最大的农田所有者，这是有充分理由的：多年来，农业已被证明比股票和房地产提供更高的风险调整回报。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://moneywise.com/investing/stocks/goldman-sachs-sees-as-much-as-33-upside-in-these-stocks-peek-before-they-pop\">MoneyWise</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WDAY":"Workday","WEBR":"Weber Inc.","GS":"高盛","SNOW":"Snowflake"},"source_url":"https://moneywise.com/investing/stocks/goldman-sachs-sees-as-much-as-33-upside-in-these-stocks-peek-before-they-pop","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164866771","content_text":"Goldman believes this trio of stocks can take off.\n\nWall Street doesn’t always get it right.\nIn fact, it’s always good practice to take analyst opinions with a golf ball-sized grain of salt. That said, Wall Street firms with solid track records can be a useful source of buy ideas.\nLet’s look at three stocks that investment giant Goldman Sachs has recently taken a bullish stance on.\nOne of them could very well be your next big money-maker.\n1. Weber\nBrett Levin / Flickr\nLeading off our list is grill maker Weber, which Goldman started coverage on with a Buy rating Monday. Along with the bullish stance, Goldman analyst Kate McShane planted a $22 price target on the shares, representing upside of about 33% from where they sit now.\nWith the trend of investing in the home only picking up pace, McShane thinks Weber is a “solid growth story.” The analyst also sees the company benefitting from consumer brand awareness and global growth tailwinds.\nIn 2020, the company posted revenue of $1.5 billion with a solid return on invested capital of 14%.\nWeber shares quickly spiked after their IPO earlier this month, but have fallen 17% since the initial run-up, providing a possible opportunity for contrarian traders.\n2. Workday\nCoolcaesar / Wikimedia Commons\nNext up, we have cloud computing technologist Workday, which Goldman raised its price target on from $300 to $330 per share. In other words, Goldman analyst Kash Rangan sees upside of about 20% from where Workday currently trades.\nRangan also reiterated his Buy rating on the stock.\nIn a research note to investors, Rangan wrote that Workday is well-positioned to take market share over the long haul even as the exact timing of its large financial migrations remains unclear.\nIn its Q2 results last week, Workday blew out expectations with revenue growth of 19%. The company also posted non-GAAP earnings of $1.23 a share, well above the average analyst estimate of 78 cents a share.\nWorkday shares are up just 13% so far in 2021 versus 21% for the S&P 500.\n3. Snowflake\nSundry Photography / Shutterstock\nRounding out our list is cloud-based data platform Snowflake, which Goldman’s Rangan lifted his price target on from $300 to $340. Rangan’s projection represents 14% worth of upside for today’s buyers of Snowflake shares.\nRangan thinks Snowflake’s native cloud platform is ideally positioned to replace data warehousing services over the long haul due to its scalability and elasticity. Rangan also highlighted the company’s “best in class” net revenue retention rate of 169% in the most recent quarter.\nWhile Snowflake posted a wider-than-expected loss in Q2, revenue more than doubled from the year-ago period to $272 million.\nSnowflake shares are up 6% year to date, underperforming the S&P 500 by a wide margin, suggesting that the stock could have plenty of room to run for the rest of 2021.\nGo your own way?\nFotokostic / Shutterstock\nThere you have it: three newly upgraded stocks worth checking out.\nEven if you don't agree with Goldman on these specific stock picks, your goal as investor should always remain the same: seeking out attractive assets at discounted prices.\nYou don't have to limit yourself to the stock market, either.\nOne attractive asset that billionaire Bill Gates is partial to is investing in U.S. farmland.\nIn fact, Gates is America's biggest owner of farmland and for good reason: Over the years, agriculture has been shown to offer higher risk-adjusted returns than both stocks and real estate.","news_type":1,"symbols_score_info":{"SNOW":0.9,"WDAY":0.9,"WEBR":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":1325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811248960,"gmtCreate":1630329891050,"gmtModify":1704958526143,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Like it","listText":"Like it","text":"Like it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811248960","repostId":"1199138618","repostType":4,"repost":{"id":"1199138618","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":1630316356,"share":"https://www.laohu8.com/m/news/1199138618?lang=zh_CN&edition=full","pubTime":"2021-08-30 17:39","market":"us","language":"en","title":"Globalstar shares rose more than 20% in premarket trading<blockquote>Globalstar股价在盘前交易中上涨超过20%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199138618","media":"Tiger Newspress","summary":"Globalstar shares rose more than 20% in premarket trading.\nApple Inc. could partner with Globalstar ","content":"<p>Globalstar&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;20%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Globalstar股价在盘前交易中上涨超过20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33606a167f18f6de91abf407f2f6fa7e\" tg-width=\"896\" tg-height=\"614\" width=\"100%\" height=\"auto\">Apple Inc.&nbsp;could partner with&nbsp;Globalstar Inc.&nbsp;to bring satellite communication connectivity to the upcoming&nbsp;iPhone 13&nbsp;models, according to a note from Apple analyst&nbsp;Ming-Chi Kuo,&nbsp;Apple&nbsp;Insider&nbsp;reported.</p><p><blockquote>据《苹果内幕》报道，苹果分析师郭明錤的一份报告称，苹果公司可能会与Globalstar Inc.合作，为即将推出的iPhone 13机型带来卫星通信连接。</blockquote></p><p> A customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.</p><p><blockquote>据报道，Kuo在报告中表示，苹果预计将在iPhone 13中使用的高通X60基带芯片的定制版本将支持低地球轨道(LEO)卫星通信。</blockquote></p><p> iPhone 13 users will be able to directly use Globalstar’s satellite communication services on their devices if Apple partners with the LEO satellite communication service provider, Kuo said, as per the report.</p><p><blockquote>据报道，Kuo表示，如果苹果与LEO卫星通信服务提供商合作，iPhone 13用户将能够在其设备上直接使用Globalstar的卫星通信服务。</blockquote></p><p> Apple could also use the satellite communication feature in its upcoming Apple AR headset and the Apple Car, Kuo noted.</p><p><blockquote>郭指出，苹果还可以在其即将推出的苹果AR耳机和苹果汽车中使用卫星通信功能。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Globalstar shares rose more than 20% in premarket trading<blockquote>Globalstar股价在盘前交易中上涨超过20%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobalstar shares rose more than 20% in premarket trading<blockquote>Globalstar股价在盘前交易中上涨超过20%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-08-30 17:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Globalstar&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;20%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Globalstar股价在盘前交易中上涨超过20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33606a167f18f6de91abf407f2f6fa7e\" tg-width=\"896\" tg-height=\"614\" width=\"100%\" height=\"auto\">Apple Inc.&nbsp;could partner with&nbsp;Globalstar Inc.&nbsp;to bring satellite communication connectivity to the upcoming&nbsp;iPhone 13&nbsp;models, according to a note from Apple analyst&nbsp;Ming-Chi Kuo,&nbsp;Apple&nbsp;Insider&nbsp;reported.</p><p><blockquote>据《苹果内幕》报道，苹果分析师郭明錤的一份报告称，苹果公司可能会与Globalstar Inc.合作，为即将推出的iPhone 13机型带来卫星通信连接。</blockquote></p><p> A customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.</p><p><blockquote>据报道，Kuo在报告中表示，苹果预计将在iPhone 13中使用的高通X60基带芯片的定制版本将支持低地球轨道(LEO)卫星通信。</blockquote></p><p> iPhone 13 users will be able to directly use Globalstar’s satellite communication services on their devices if Apple partners with the LEO satellite communication service provider, Kuo said, as per the report.</p><p><blockquote>据报道，Kuo表示，如果苹果与LEO卫星通信服务提供商合作，iPhone 13用户将能够在其设备上直接使用Globalstar的卫星通信服务。</blockquote></p><p> Apple could also use the satellite communication feature in its upcoming Apple AR headset and the Apple Car, Kuo noted.</p><p><blockquote>郭指出，苹果还可以在其即将推出的苹果AR耳机和苹果汽车中使用卫星通信功能。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GSAT":"全球星","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199138618","content_text":"Globalstar shares rose more than 20% in premarket trading.\nApple Inc. could partner with Globalstar Inc. to bring satellite communication connectivity to the upcoming iPhone 13 models, according to a note from Apple analyst Ming-Chi Kuo, Apple Insider reported.\nA customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.\niPhone 13 users will be able to directly use Globalstar’s satellite communication services on their devices if Apple partners with the LEO satellite communication service provider, Kuo said, as per the report.\nApple could also use the satellite communication feature in its upcoming Apple AR headset and the Apple Car, Kuo noted.","news_type":1,"symbols_score_info":{"GSAT":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813203579,"gmtCreate":1630202574191,"gmtModify":1704956941181,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Hope it up more","listText":"Hope it up more","text":"Hope it up more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813203579","repostId":"2162024053","repostType":4,"isVote":1,"tweetType":1,"viewCount":1640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819771549,"gmtCreate":1630111016681,"gmtModify":1704956050184,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"High risk high gain","listText":"High risk high gain","text":"High risk high gain","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819771549","repostId":"2162042478","repostType":4,"isVote":1,"tweetType":1,"viewCount":1944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819770463,"gmtCreate":1630110876952,"gmtModify":1704956046373,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Low interest and Fed unchanged policy for growth = record dtock level 😁😁😁","listText":"Low interest and Fed unchanged policy for growth = record dtock level 😁😁😁","text":"Low interest and Fed unchanged policy for growth = record dtock level 😁😁😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819770463","repostId":"2162521078","repostType":4,"isVote":1,"tweetType":1,"viewCount":2386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810785820,"gmtCreate":1630016475860,"gmtModify":1704954507450,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Good. Hope to see more","listText":"Good. Hope to see more","text":"Good. Hope to see more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810785820","repostId":"1190253508","repostType":4,"isVote":1,"tweetType":1,"viewCount":1855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837966248,"gmtCreate":1629853014884,"gmtModify":1633681967897,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Good recommendations&nbsp;","listText":"Good recommendations&nbsp;","text":"Good recommendations","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837966248","repostId":"1136078272","repostType":4,"repost":{"id":"1136078272","kind":"news","pubTimestamp":1629797703,"share":"https://www.laohu8.com/m/news/1136078272?lang=zh_CN&edition=full","pubTime":"2021-08-24 17:35","market":"us","language":"en","title":"Here Are the 10 Cheapest Stocks in the S&P 500<blockquote>以下是标普500中最便宜的10只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136078272","media":"Barrons","summary":"There are still plenty of cheap stocks, even with the major indexes near record highs.\nBarron’s scre","content":"<p>There are still plenty of cheap stocks, even with the major indexes near record highs.</p><p><blockquote>即使主要股指接近历史新高，仍然有大量廉价股票。</blockquote></p><p> Barron’s screened the S&amp;P 500 index and identified the 10 stocks with the lowest price-to-earnings ratios using 2022 profit projections, based on FactSet data.</p><p><blockquote>《巴伦周刊》根据FactSet数据筛选了标普500指数，并利用2022年利润预测确定了市盈率最低的10只股票。</blockquote></p><p> The 10 least expensive companies include memory-chip makers Micron Technology (ticker: MU) and&nbsp;Western Digital(WDC), chemical producer&nbsp;LyondellBasell Industries(LYB), and life insurer&nbsp;Lincoln National(LNC). Nine of the 10 have P/E ratios below six. Lyondell has the highest multiple in the group, at 6.5 times estimated 2022 earnings.</p><p><blockquote>成本最低的10家公司包括存储芯片制造商美光科技（股票代码：MU）和西部数据（WDC）、化学品生产商利安德巴塞尔工业公司（LYB）和人寿保险公司林肯国民公司（LNC）。10家公司中有9家的市盈率低于6。利安德的市盈率是该集团中最高的，为2022年预期市盈率的6.5倍。</blockquote></p><p> The other six stocks are drugmakers&nbsp;Viatris(VTRS) and&nbsp;Organon(OGN); oil and gas producers&nbsp;Diamondback Energy(FANG) and&nbsp;APA(APA), formerly Apache; home builder&nbsp;PulteGroup(PHM), and insurer&nbsp;Unum(UNM).</p><p><blockquote>其他六只股票是制药商Viatris(VTRS)和Organon(OGN)；石油和天然气生产商Diamondback Energy(FANG)和APA(APA)，前身为阿帕奇；房屋建筑商PulteGroup(PHM)和保险公司Unum(UNM)。</blockquote></p><p> Several of the stocks have had big gains over the past year, including Diamondback, Micron, and Lincoln National, but all remain cheap based on earnings.</p><p><blockquote>其中一些股票在过去一年中大幅上涨，包括Diamondback、Micron和Lincoln National，但从盈利来看，所有股票都仍然很便宜。</blockquote></p><p> <b>10 in the Bargain Bin</b></p><p><blockquote><b>10在便宜货箱里</b></blockquote></p><p> Here are the 10 stocks in the S&amp;P 500 with the lowest price-to-earnings ratios.</p><p><blockquote>以下是标普500市盈率最低的10只股票。</blockquote></p><p> <table>  <thead>   <tr>    <th>Company / Ticker</th>    <th>Recent Price</th>    <th>Market Value (bil)</th>    <th>1-Yr Price Change</th>    <th>2022E* P/E Ratio</th>   </tr>  </thead>  <tbody>   <tr>    <td>Viatris / VTRS</td>    <td>$14.82</td>    <td>$17.9</td>    <td>-10.8%</td>    <td>3.9</td>   </tr>   <tr>    <td>Unum Group / UNM</td>    <td>26.14</td>    <td>5.3</td>    <td>38.8</td>    <td>4.8</td>   </tr>   <tr>    <td>Diamondback Energy / FANG</td>    <td>69.80</td>    <td>12.6</td>    <td>56.8</td>    <td>5.2</td>   </tr>   <tr>    <td>Western Digital / WDC</td>    <td>61.07</td>    <td>18.7</td>    <td>73.0</td>    <td>5.5</td>   </tr>   <tr>    <td>APA / APA</td>    <td>16.68</td>    <td>6.3</td>    <td>4.3</td>    <td>5.6</td>   </tr>   <tr>    <td>PulteGroup / PHM</td>    <td>52.43</td>    <td>13.6</td>    <td>12.1</td>    <td>5.6</td>   </tr>   <tr>    <td>Organon / OGN</td>    <td>33.61</td>    <td>8.5</td>    <td>N/A</td>    <td>5.7</td>   </tr>   <tr>    <td>Lincoln National / LNC</td>    <td>66.87</td>    <td>12.5</td>    <td>79.6</td>    <td>5.8</td>   </tr>   <tr>    <td>Micron Technology / MU</td>    <td>70.60</td>    <td>79.5</td>    <td>59.6</td>    <td>5.9</td>   </tr>   <tr>    <td>LyondellBasell Industries / LYB</td>    <td>100.36</td>    <td>33.5</td>    <td>43.8</td>    <td>6.5</td>   </tr>  </tbody> </table> *P/E ratio based on calendar 2022 estimates; E=estimate; N/A=not applicable</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>市值（bil）</th><th>1年价格变化</th><th>2022年预期*市盈率</th></tr></thead><tbody><tr><td>Viatris/VTRS</td><td>$14.82</td><td>$17.9</td><td>-10.8%</td><td>3.9</td></tr><tr><td>Unum集团/UNM</td><td>26.14</td><td>5.3</td><td>38.8</td><td>4.8</td></tr><tr><td>响尾蛇能源/FANG</td><td>69.80</td><td>12.6</td><td>56.8</td><td>5.2</td></tr><tr><td>西部数据/WDC</td><td>61.07</td><td>18.7</td><td>73.0</td><td>5.5</td></tr><tr><td>什么/什么</td><td>16.68</td><td>6.3</td><td>4.3</td><td>5.6</td></tr><tr><td>PulteGroup/PHM</td><td>52.43</td><td>13.6</td><td>12.1</td><td>5.6</td></tr><tr><td>有机农/OGN</td><td>33.61</td><td>8.5</td><td>N/A</td><td>5.7</td></tr><tr><td>林肯国家/LNC</td><td>66.87</td><td>12.5</td><td>79.6</td><td>5.8</td></tr><tr><td>美光科技/MU</td><td>70.60</td><td>79.5</td><td>59.6</td><td>5.9</td></tr><tr><td>利安德巴塞尔工业/LYB</td><td>100.36</td><td>33.5</td><td>43.8</td><td>6.5</td></tr></tbody></table>*市盈率基于2022年预测；E=估计值；N/A=不适用</blockquote></p><p> Source: FactSet</p><p><blockquote>来源：FactSet</blockquote></p><p> Why are the stocks so inexpensive?</p><p><blockquote>为什么股票这么便宜？</blockquote></p><p> Some like Viatris and Organon have ample, but manageable debt. Investors fear that profits may be peaking at companies like Micron, Lyondell, and&nbsp;Western Digital.</p><p><blockquote>Viatris和Organon等一些公司拥有充足但可控的债务。投资者担心美光、利安德和西部数据等公司的利润可能会达到顶峰。</blockquote></p><p> These concerns could be creating opportunities for investors. Micron, whose shares trade around $70, recently initiated a small dividend resulting in an 0.6% yield. J.P. Morgan analyst Harlan Sur wrote earlier this month that he expected Micron and its rivals to be “disciplined and prudent” about adding supply in the face of strong demand. He has an Overweight rating and a $140 price target on the stock.</p><p><blockquote>这些担忧可能会为投资者创造机会。美光科技的股价约为70美元，最近开始派发小额股息，收益率为0.6%。摩根大通分析师Harlan Sur本月早些时候写道，面对强劲的需求，他预计美光及其竞争对手将在增加供应方面保持“纪律和谨慎”。他对该股给予跑赢大盘评级和140美元的目标价。</blockquote></p><p> Western Digital, at around $61, is a leading maker of flash memory. Morgan Stanley analyst Joseph Moore is upbeat on its prospects, giving the stock an Overweight rating and a $88 price target. He thinks the stock is too cheap given that he expects earnings of $10 a share next year.</p><p><blockquote>西部数据公司的股价约为61美元，是闪存的领先制造商。大摩分析师Joseph Moore对其前景持乐观态度，给予该股跑赢大盘评级，目标价88美元。他认为该股太便宜了，因为他预计明年每股收益为10美元。</blockquote></p><p> Organon, a&nbsp;Merck(MRK) spinoff that has a portfolio of off-patent drugs and a women’s health business, recently reported better-than-expected earnings. It has set an $1.12 annual dividend, for a 3.3% yield at a recent price of $33.50.</p><p><blockquote>Organon是默克(MRK)的分拆公司，拥有一系列非专利药物和女性健康业务，最近公布的盈利好于预期。它设定了1.12美元的年度股息，以最近33.50美元的价格计算，收益率为3.3%。</blockquote></p><p> Joe Cornell, the publisher of Spin-Off Research, has a Buy rating and a $45 price target on the stock. Organon has a “peer-leading” yield, he recently wrote, and potential “top-line growth and margin momentum over the medium-term.”</p><p><blockquote>Spin-Off Research出版商Joe Cornell对该股给予买入评级和45美元的目标价。他最近写道，Organon拥有“同行领先”的收益率，以及潜在的“中期营收增长和利润率势头”。</blockquote></p><p> Viatris, a generic drugmaker spun off from&nbsp;Pfizer(PFE), has the lowest P/E in the S&amp;P 500 at 3.9. Its shares recently traded below $15.</p><p><blockquote>Viatris是一家从辉瑞(PFE)分拆出来的仿制药制造商，其市盈率在标普500最低，为3.9。其股价最近交易价格低于15美元。</blockquote></p><p> J.P. Morgan analyst Chris Schott was encouraged by the company’s second-quarter earnings report, but maintained a Neutral rating as he awaits more evidence of improving financial performance after a tough 2020. The stock has a 3% yield.</p><p><blockquote>摩根大通分析师Chris Schott对该公司第二季度财报感到鼓舞，但维持中性评级，因为他等待更多证据表明在经历了艰难的2020年后财务业绩有所改善。该股票的收益率为3%。</blockquote></p><p> Energy stocks have experienced a sharp pullback since June 1 because of a drop in oil prices and a sentiment shift away from the sector.</p><p><blockquote>自6月1日以来，由于油价下跌和市场情绪远离该行业，能源股经历了大幅回调。</blockquote></p><p> Diamondback Energy, a leading exploration and production company in the Permian basin in Texas, has seen its shares drop to a recent $70 from $100. The company reported strong second-quarter results and boosted its dividend by 12.5% to an annualized $1.80 a share. The stock now yields about 2.6%.</p><p><blockquote>Diamondback Energy是德克萨斯州二叠纪盆地领先的勘探和生产公司，其股价从100美元跌至最近的70美元。该公司公布了强劲的第二季度业绩，并将股息提高了12.5%，达到年化每股1.80美元。该股目前的收益率约为2.6%。</blockquote></p><p></p><p> Like many E&amp;Ps, Diamondback has a high free-cash flow yield. J.P. Morgan analyst Arun Jayaram is upbeat on Diamondback and recently estimated its net asset value at $126 a share. APA produces oil and gas in the U.S. and overseas and offers a play on a potentially large offshore oil field off Suriname in South America. Its shares trade around $16.</p><p><blockquote>与许多勘探与生产公司一样，Diamondback拥有较高的自由现金流收益率。摩根大通分析师Arun Jayaram对Diamondback持乐观态度，最近估计其资产净值为每股126美元。APA在美国和海外生产石油和天然气，并在南美洲苏里南附近的一个潜在大型海上油田提供业务。其股价约为16美元。</blockquote></p><p> Shares of PulteGroup, one of the largest U.S. home builders, have pulled back about 20% from a spring peak, to a recent $52 amid concerns about demand and pricing power.</p><p><blockquote>由于对需求和定价能力的担忧，美国最大的住宅建筑商之一PulteGroup的股价已从春季峰值回落约20%，至最近的52美元。</blockquote></p><p> Evercore ISI analyst Stephen Kim, one of the most bullish Wall Street analysts on the sector, sees rising profitability for Pulte and peers. He has an Outperform rating on Pulte and a $93 price target. He sees about $8 a share in earnings this year and an above-consensus estimate of roughly $12 next year.</p><p><blockquote>Evercore ISI分析师Stephen Kim是华尔街对该行业最乐观的分析师之一，他认为Pulte和同行的盈利能力不断上升。他对Pulte的评级为跑赢大盘，目标价为93美元。他预计今年每股收益约为8美元，明年约为12美元，高于市场普遍预期。</blockquote></p><p> Lyondell, the world’s third-largest independent chemical company, is a major player in plastics. Its shares recently traded around $100.Its CEO, Bob Patel, recently told&nbsp;<i>Barron’s</i>&nbsp;Jack Hough: “Whether we’re at peak, and is there a moderation or a hard reset—this is at the heart of the debate today with investors. I think there is strong demand in front of us.”</p><p><blockquote>利安德是全球第三大独立化学公司，是塑料领域的主要参与者。其股价最近交易价格约为100美元。其首席执行官鲍勃·帕特尔(Bob Patel)最近告诉<i>巴伦周刊</i>Jack Hough：“我们是否正处于顶峰，是否会出现缓和或硬重置——这是今天与投资者争论的核心。我认为我们面前有强劲的需求。”</blockquote></p><p> Lincoln National, which offers life insurance, annuities, and other financial products, recently traded around $67, less than six times projected 2022 earnings and below a conservative measure of book value of $75. J.P. Morgan analyst Jimmy Bhullar likes Lincoln National, recently citing an “improving business mix” and “discount valuation.” He has an Overweight rating and a $81 price target.</p><p><blockquote>Lincoln National提供人寿保险、年金和其他金融产品，最近的交易价格约为67美元，不到2022年预计收益的六倍，也低于75美元的保守账面价值。摩根大通分析师吉米·布拉尔(Jimmy Bhullar)喜欢林肯国民(Lincoln National)，最近称其“业务组合不断改善”和“估值折扣”。他给予跑赢大盘评级和81美元的目标价。</blockquote></p><p> Unum, a provider of life and disability insurance, trades cheaply based on earnings and book value. That reflects in part concerns about its long-term care insurance reserves, which were strengthened in 2020. The stock, around $26, trades for about five times projected 2022 earnings and for half of book value.</p><p><blockquote>Unum是一家人寿和伤残保险提供商，根据收益和账面价值进行廉价交易。这在一定程度上反映了对其长期护理保险准备金的担忧，该准备金在2020年得到了加强。该股股价约为26美元，交易价格约为2022年预计收益的五倍，账面价值的一半。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are the 10 Cheapest Stocks in the S&P 500<blockquote>以下是标普500中最便宜的10只股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Are the 10 Cheapest Stocks in the S&P 500<blockquote>以下是标普500中最便宜的10只股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-24 17:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>There are still plenty of cheap stocks, even with the major indexes near record highs.</p><p><blockquote>即使主要股指接近历史新高，仍然有大量廉价股票。</blockquote></p><p> Barron’s screened the S&amp;P 500 index and identified the 10 stocks with the lowest price-to-earnings ratios using 2022 profit projections, based on FactSet data.</p><p><blockquote>《巴伦周刊》根据FactSet数据筛选了标普500指数，并利用2022年利润预测确定了市盈率最低的10只股票。</blockquote></p><p> The 10 least expensive companies include memory-chip makers Micron Technology (ticker: MU) and&nbsp;Western Digital(WDC), chemical producer&nbsp;LyondellBasell Industries(LYB), and life insurer&nbsp;Lincoln National(LNC). Nine of the 10 have P/E ratios below six. Lyondell has the highest multiple in the group, at 6.5 times estimated 2022 earnings.</p><p><blockquote>成本最低的10家公司包括存储芯片制造商美光科技（股票代码：MU）和西部数据（WDC）、化学品生产商利安德巴塞尔工业公司（LYB）和人寿保险公司林肯国民公司（LNC）。10家公司中有9家的市盈率低于6。利安德的市盈率是该集团中最高的，为2022年预期市盈率的6.5倍。</blockquote></p><p> The other six stocks are drugmakers&nbsp;Viatris(VTRS) and&nbsp;Organon(OGN); oil and gas producers&nbsp;Diamondback Energy(FANG) and&nbsp;APA(APA), formerly Apache; home builder&nbsp;PulteGroup(PHM), and insurer&nbsp;Unum(UNM).</p><p><blockquote>其他六只股票是制药商Viatris(VTRS)和Organon(OGN)；石油和天然气生产商Diamondback Energy(FANG)和APA(APA)，前身为阿帕奇；房屋建筑商PulteGroup(PHM)和保险公司Unum(UNM)。</blockquote></p><p> Several of the stocks have had big gains over the past year, including Diamondback, Micron, and Lincoln National, but all remain cheap based on earnings.</p><p><blockquote>其中一些股票在过去一年中大幅上涨，包括Diamondback、Micron和Lincoln National，但从盈利来看，所有股票都仍然很便宜。</blockquote></p><p> <b>10 in the Bargain Bin</b></p><p><blockquote><b>10在便宜货箱里</b></blockquote></p><p> Here are the 10 stocks in the S&amp;P 500 with the lowest price-to-earnings ratios.</p><p><blockquote>以下是标普500市盈率最低的10只股票。</blockquote></p><p> <table>  <thead>   <tr>    <th>Company / Ticker</th>    <th>Recent Price</th>    <th>Market Value (bil)</th>    <th>1-Yr Price Change</th>    <th>2022E* P/E Ratio</th>   </tr>  </thead>  <tbody>   <tr>    <td>Viatris / VTRS</td>    <td>$14.82</td>    <td>$17.9</td>    <td>-10.8%</td>    <td>3.9</td>   </tr>   <tr>    <td>Unum Group / UNM</td>    <td>26.14</td>    <td>5.3</td>    <td>38.8</td>    <td>4.8</td>   </tr>   <tr>    <td>Diamondback Energy / FANG</td>    <td>69.80</td>    <td>12.6</td>    <td>56.8</td>    <td>5.2</td>   </tr>   <tr>    <td>Western Digital / WDC</td>    <td>61.07</td>    <td>18.7</td>    <td>73.0</td>    <td>5.5</td>   </tr>   <tr>    <td>APA / APA</td>    <td>16.68</td>    <td>6.3</td>    <td>4.3</td>    <td>5.6</td>   </tr>   <tr>    <td>PulteGroup / PHM</td>    <td>52.43</td>    <td>13.6</td>    <td>12.1</td>    <td>5.6</td>   </tr>   <tr>    <td>Organon / OGN</td>    <td>33.61</td>    <td>8.5</td>    <td>N/A</td>    <td>5.7</td>   </tr>   <tr>    <td>Lincoln National / LNC</td>    <td>66.87</td>    <td>12.5</td>    <td>79.6</td>    <td>5.8</td>   </tr>   <tr>    <td>Micron Technology / MU</td>    <td>70.60</td>    <td>79.5</td>    <td>59.6</td>    <td>5.9</td>   </tr>   <tr>    <td>LyondellBasell Industries / LYB</td>    <td>100.36</td>    <td>33.5</td>    <td>43.8</td>    <td>6.5</td>   </tr>  </tbody> </table> *P/E ratio based on calendar 2022 estimates; E=estimate; N/A=not applicable</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>市值（bil）</th><th>1年价格变化</th><th>2022年预期*市盈率</th></tr></thead><tbody><tr><td>Viatris/VTRS</td><td>$14.82</td><td>$17.9</td><td>-10.8%</td><td>3.9</td></tr><tr><td>Unum集团/UNM</td><td>26.14</td><td>5.3</td><td>38.8</td><td>4.8</td></tr><tr><td>响尾蛇能源/FANG</td><td>69.80</td><td>12.6</td><td>56.8</td><td>5.2</td></tr><tr><td>西部数据/WDC</td><td>61.07</td><td>18.7</td><td>73.0</td><td>5.5</td></tr><tr><td>什么/什么</td><td>16.68</td><td>6.3</td><td>4.3</td><td>5.6</td></tr><tr><td>PulteGroup/PHM</td><td>52.43</td><td>13.6</td><td>12.1</td><td>5.6</td></tr><tr><td>有机农/OGN</td><td>33.61</td><td>8.5</td><td>N/A</td><td>5.7</td></tr><tr><td>林肯国家/LNC</td><td>66.87</td><td>12.5</td><td>79.6</td><td>5.8</td></tr><tr><td>美光科技/MU</td><td>70.60</td><td>79.5</td><td>59.6</td><td>5.9</td></tr><tr><td>利安德巴塞尔工业/LYB</td><td>100.36</td><td>33.5</td><td>43.8</td><td>6.5</td></tr></tbody></table>*市盈率基于2022年预测；E=估计值；N/A=不适用</blockquote></p><p> Source: FactSet</p><p><blockquote>来源：FactSet</blockquote></p><p> Why are the stocks so inexpensive?</p><p><blockquote>为什么股票这么便宜？</blockquote></p><p> Some like Viatris and Organon have ample, but manageable debt. Investors fear that profits may be peaking at companies like Micron, Lyondell, and&nbsp;Western Digital.</p><p><blockquote>Viatris和Organon等一些公司拥有充足但可控的债务。投资者担心美光、利安德和西部数据等公司的利润可能会达到顶峰。</blockquote></p><p> These concerns could be creating opportunities for investors. Micron, whose shares trade around $70, recently initiated a small dividend resulting in an 0.6% yield. J.P. Morgan analyst Harlan Sur wrote earlier this month that he expected Micron and its rivals to be “disciplined and prudent” about adding supply in the face of strong demand. He has an Overweight rating and a $140 price target on the stock.</p><p><blockquote>这些担忧可能会为投资者创造机会。美光科技的股价约为70美元，最近开始派发小额股息，收益率为0.6%。摩根大通分析师Harlan Sur本月早些时候写道，面对强劲的需求，他预计美光及其竞争对手将在增加供应方面保持“纪律和谨慎”。他对该股给予跑赢大盘评级和140美元的目标价。</blockquote></p><p> Western Digital, at around $61, is a leading maker of flash memory. Morgan Stanley analyst Joseph Moore is upbeat on its prospects, giving the stock an Overweight rating and a $88 price target. He thinks the stock is too cheap given that he expects earnings of $10 a share next year.</p><p><blockquote>西部数据公司的股价约为61美元，是闪存的领先制造商。大摩分析师Joseph Moore对其前景持乐观态度，给予该股跑赢大盘评级，目标价88美元。他认为该股太便宜了，因为他预计明年每股收益为10美元。</blockquote></p><p> Organon, a&nbsp;Merck(MRK) spinoff that has a portfolio of off-patent drugs and a women’s health business, recently reported better-than-expected earnings. It has set an $1.12 annual dividend, for a 3.3% yield at a recent price of $33.50.</p><p><blockquote>Organon是默克(MRK)的分拆公司，拥有一系列非专利药物和女性健康业务，最近公布的盈利好于预期。它设定了1.12美元的年度股息，以最近33.50美元的价格计算，收益率为3.3%。</blockquote></p><p> Joe Cornell, the publisher of Spin-Off Research, has a Buy rating and a $45 price target on the stock. Organon has a “peer-leading” yield, he recently wrote, and potential “top-line growth and margin momentum over the medium-term.”</p><p><blockquote>Spin-Off Research出版商Joe Cornell对该股给予买入评级和45美元的目标价。他最近写道，Organon拥有“同行领先”的收益率，以及潜在的“中期营收增长和利润率势头”。</blockquote></p><p> Viatris, a generic drugmaker spun off from&nbsp;Pfizer(PFE), has the lowest P/E in the S&amp;P 500 at 3.9. Its shares recently traded below $15.</p><p><blockquote>Viatris是一家从辉瑞(PFE)分拆出来的仿制药制造商，其市盈率在标普500最低，为3.9。其股价最近交易价格低于15美元。</blockquote></p><p> J.P. Morgan analyst Chris Schott was encouraged by the company’s second-quarter earnings report, but maintained a Neutral rating as he awaits more evidence of improving financial performance after a tough 2020. The stock has a 3% yield.</p><p><blockquote>摩根大通分析师Chris Schott对该公司第二季度财报感到鼓舞，但维持中性评级，因为他等待更多证据表明在经历了艰难的2020年后财务业绩有所改善。该股票的收益率为3%。</blockquote></p><p> Energy stocks have experienced a sharp pullback since June 1 because of a drop in oil prices and a sentiment shift away from the sector.</p><p><blockquote>自6月1日以来，由于油价下跌和市场情绪远离该行业，能源股经历了大幅回调。</blockquote></p><p> Diamondback Energy, a leading exploration and production company in the Permian basin in Texas, has seen its shares drop to a recent $70 from $100. The company reported strong second-quarter results and boosted its dividend by 12.5% to an annualized $1.80 a share. The stock now yields about 2.6%.</p><p><blockquote>Diamondback Energy是德克萨斯州二叠纪盆地领先的勘探和生产公司，其股价从100美元跌至最近的70美元。该公司公布了强劲的第二季度业绩，并将股息提高了12.5%，达到年化每股1.80美元。该股目前的收益率约为2.6%。</blockquote></p><p></p><p> Like many E&amp;Ps, Diamondback has a high free-cash flow yield. J.P. Morgan analyst Arun Jayaram is upbeat on Diamondback and recently estimated its net asset value at $126 a share. APA produces oil and gas in the U.S. and overseas and offers a play on a potentially large offshore oil field off Suriname in South America. Its shares trade around $16.</p><p><blockquote>与许多勘探与生产公司一样，Diamondback拥有较高的自由现金流收益率。摩根大通分析师Arun Jayaram对Diamondback持乐观态度，最近估计其资产净值为每股126美元。APA在美国和海外生产石油和天然气，并在南美洲苏里南附近的一个潜在大型海上油田提供业务。其股价约为16美元。</blockquote></p><p> Shares of PulteGroup, one of the largest U.S. home builders, have pulled back about 20% from a spring peak, to a recent $52 amid concerns about demand and pricing power.</p><p><blockquote>由于对需求和定价能力的担忧，美国最大的住宅建筑商之一PulteGroup的股价已从春季峰值回落约20%，至最近的52美元。</blockquote></p><p> Evercore ISI analyst Stephen Kim, one of the most bullish Wall Street analysts on the sector, sees rising profitability for Pulte and peers. He has an Outperform rating on Pulte and a $93 price target. He sees about $8 a share in earnings this year and an above-consensus estimate of roughly $12 next year.</p><p><blockquote>Evercore ISI分析师Stephen Kim是华尔街对该行业最乐观的分析师之一，他认为Pulte和同行的盈利能力不断上升。他对Pulte的评级为跑赢大盘，目标价为93美元。他预计今年每股收益约为8美元，明年约为12美元，高于市场普遍预期。</blockquote></p><p> Lyondell, the world’s third-largest independent chemical company, is a major player in plastics. Its shares recently traded around $100.Its CEO, Bob Patel, recently told&nbsp;<i>Barron’s</i>&nbsp;Jack Hough: “Whether we’re at peak, and is there a moderation or a hard reset—this is at the heart of the debate today with investors. I think there is strong demand in front of us.”</p><p><blockquote>利安德是全球第三大独立化学公司，是塑料领域的主要参与者。其股价最近交易价格约为100美元。其首席执行官鲍勃·帕特尔(Bob Patel)最近告诉<i>巴伦周刊</i>Jack Hough：“我们是否正处于顶峰，是否会出现缓和或硬重置——这是今天与投资者争论的核心。我认为我们面前有强劲的需求。”</blockquote></p><p> Lincoln National, which offers life insurance, annuities, and other financial products, recently traded around $67, less than six times projected 2022 earnings and below a conservative measure of book value of $75. J.P. Morgan analyst Jimmy Bhullar likes Lincoln National, recently citing an “improving business mix” and “discount valuation.” He has an Overweight rating and a $81 price target.</p><p><blockquote>Lincoln National提供人寿保险、年金和其他金融产品，最近的交易价格约为67美元，不到2022年预计收益的六倍，也低于75美元的保守账面价值。摩根大通分析师吉米·布拉尔(Jimmy Bhullar)喜欢林肯国民(Lincoln National)，最近称其“业务组合不断改善”和“估值折扣”。他给予跑赢大盘评级和81美元的目标价。</blockquote></p><p> Unum, a provider of life and disability insurance, trades cheaply based on earnings and book value. That reflects in part concerns about its long-term care insurance reserves, which were strengthened in 2020. The stock, around $26, trades for about five times projected 2022 earnings and for half of book value.</p><p><blockquote>Unum是一家人寿和伤残保险提供商，根据收益和账面价值进行廉价交易。这在一定程度上反映了对其长期护理保险准备金的担忧，该准备金在2020年得到了加强。该股股价约为26美元，交易价格约为2022年预计收益的五倍，账面价值的一半。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/here-are-the-10-cheapest-stocks-in-the-s-p-500-51629756720?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LNC":"林肯国民","VTRS":"Viatris Inc.","OGN":"Organon & Co","MU":"美光科技","LYB":"利安德巴塞尔","FANG":"Diamondback Energy","PHM":"普得集团","WDC":"西部数据","UNM":"尤纳姆集团","APA":"阿帕契"},"source_url":"https://www.barrons.com/articles/here-are-the-10-cheapest-stocks-in-the-s-p-500-51629756720?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136078272","content_text":"There are still plenty of cheap stocks, even with the major indexes near record highs.\nBarron’s screened the S&P 500 index and identified the 10 stocks with the lowest price-to-earnings ratios using 2022 profit projections, based on FactSet data.\nThe 10 least expensive companies include memory-chip makers Micron Technology (ticker: MU) and Western Digital(WDC), chemical producer LyondellBasell Industries(LYB), and life insurer Lincoln National(LNC). Nine of the 10 have P/E ratios below six. Lyondell has the highest multiple in the group, at 6.5 times estimated 2022 earnings.\nThe other six stocks are drugmakers Viatris(VTRS) and Organon(OGN); oil and gas producers Diamondback Energy(FANG) and APA(APA), formerly Apache; home builder PulteGroup(PHM), and insurer Unum(UNM).\nSeveral of the stocks have had big gains over the past year, including Diamondback, Micron, and Lincoln National, but all remain cheap based on earnings.\n10 in the Bargain Bin\nHere are the 10 stocks in the S&P 500 with the lowest price-to-earnings ratios.\n\n\n\nCompany / Ticker\nRecent Price\nMarket Value (bil)\n1-Yr Price Change\n2022E* P/E Ratio\n\n\n\n\nViatris / VTRS\n$14.82\n$17.9\n-10.8%\n3.9\n\n\nUnum Group / UNM\n26.14\n5.3\n38.8\n4.8\n\n\nDiamondback Energy / FANG\n69.80\n12.6\n56.8\n5.2\n\n\nWestern Digital / WDC\n61.07\n18.7\n73.0\n5.5\n\n\nAPA / APA\n16.68\n6.3\n4.3\n5.6\n\n\nPulteGroup / PHM\n52.43\n13.6\n12.1\n5.6\n\n\nOrganon / OGN\n33.61\n8.5\nN/A\n5.7\n\n\nLincoln National / LNC\n66.87\n12.5\n79.6\n5.8\n\n\nMicron Technology / MU\n70.60\n79.5\n59.6\n5.9\n\n\nLyondellBasell Industries / LYB\n100.36\n33.5\n43.8\n6.5\n\n\n\n*P/E ratio based on calendar 2022 estimates; E=estimate; N/A=not applicable\nSource: FactSet\nWhy are the stocks so inexpensive?\nSome like Viatris and Organon have ample, but manageable debt. Investors fear that profits may be peaking at companies like Micron, Lyondell, and Western Digital.\nThese concerns could be creating opportunities for investors. Micron, whose shares trade around $70, recently initiated a small dividend resulting in an 0.6% yield. J.P. Morgan analyst Harlan Sur wrote earlier this month that he expected Micron and its rivals to be “disciplined and prudent” about adding supply in the face of strong demand. He has an Overweight rating and a $140 price target on the stock.\nWestern Digital, at around $61, is a leading maker of flash memory. Morgan Stanley analyst Joseph Moore is upbeat on its prospects, giving the stock an Overweight rating and a $88 price target. He thinks the stock is too cheap given that he expects earnings of $10 a share next year.\nOrganon, a Merck(MRK) spinoff that has a portfolio of off-patent drugs and a women’s health business, recently reported better-than-expected earnings. It has set an $1.12 annual dividend, for a 3.3% yield at a recent price of $33.50.\nJoe Cornell, the publisher of Spin-Off Research, has a Buy rating and a $45 price target on the stock. Organon has a “peer-leading” yield, he recently wrote, and potential “top-line growth and margin momentum over the medium-term.”\nViatris, a generic drugmaker spun off from Pfizer(PFE), has the lowest P/E in the S&P 500 at 3.9. Its shares recently traded below $15.\nJ.P. Morgan analyst Chris Schott was encouraged by the company’s second-quarter earnings report, but maintained a Neutral rating as he awaits more evidence of improving financial performance after a tough 2020. The stock has a 3% yield.\nEnergy stocks have experienced a sharp pullback since June 1 because of a drop in oil prices and a sentiment shift away from the sector.\nDiamondback Energy, a leading exploration and production company in the Permian basin in Texas, has seen its shares drop to a recent $70 from $100. The company reported strong second-quarter results and boosted its dividend by 12.5% to an annualized $1.80 a share. The stock now yields about 2.6%.\nLike many E&Ps, Diamondback has a high free-cash flow yield. J.P. Morgan analyst Arun Jayaram is upbeat on Diamondback and recently estimated its net asset value at $126 a share. APA produces oil and gas in the U.S. and overseas and offers a play on a potentially large offshore oil field off Suriname in South America. Its shares trade around $16.\nShares of PulteGroup, one of the largest U.S. home builders, have pulled back about 20% from a spring peak, to a recent $52 amid concerns about demand and pricing power.\nEvercore ISI analyst Stephen Kim, one of the most bullish Wall Street analysts on the sector, sees rising profitability for Pulte and peers. He has an Outperform rating on Pulte and a $93 price target. He sees about $8 a share in earnings this year and an above-consensus estimate of roughly $12 next year.\nLyondell, the world’s third-largest independent chemical company, is a major player in plastics. Its shares recently traded around $100.Its CEO, Bob Patel, recently told Barron’s Jack Hough: “Whether we’re at peak, and is there a moderation or a hard reset—this is at the heart of the debate today with investors. I think there is strong demand in front of us.”\nLincoln National, which offers life insurance, annuities, and other financial products, recently traded around $67, less than six times projected 2022 earnings and below a conservative measure of book value of $75. J.P. Morgan analyst Jimmy Bhullar likes Lincoln National, recently citing an “improving business mix” and “discount valuation.” He has an Overweight rating and a $81 price target.\nUnum, a provider of life and disability insurance, trades cheaply based on earnings and book value. That reflects in part concerns about its long-term care insurance reserves, which were strengthened in 2020. The stock, around $26, trades for about five times projected 2022 earnings and for half of book value.","news_type":1,"symbols_score_info":{"MU":0.9,"UNM":0.9,"VTRS":0.9,"WDC":0.9,"LYB":0.9,"OGN":0.9,"PHM":0.9,"APA":0.9,"LNC":0.9,"FANG":0.9}},"isVote":1,"tweetType":1,"viewCount":1427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837960668,"gmtCreate":1629852829354,"gmtModify":1633681972376,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"More challenges ahead","listText":"More challenges ahead","text":"More challenges ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837960668","repostId":"1123156655","repostType":4,"repost":{"id":"1123156655","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":1629814580,"share":"https://www.laohu8.com/m/news/1123156655?lang=zh_CN&edition=full","pubTime":"2021-08-24 22:16","market":"us","language":"en","title":"“Infrastructure Plan and Welfare Plan” - The Second “Trouble” That Biden Has to Deal with<blockquote>“基建计划和福利计划”——拜登要处理的第二个“麻烦”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123156655","media":"Tiger Newspress","summary":"The crises hidden behind the Kabul airport have formed the first trouble that Biden has to face, as ","content":"<p>The crises hidden behind the Kabul airport have formed the first trouble that Biden has to face, as we discussed in the article posted on August 23. And what's the second problem? The answer is \"infrastructure plan&nbsp;&amp; welfare plan.\"</p><p><blockquote>隐藏在喀布尔机场背后的危机已经形成了拜登必须面对的第一个麻烦，正如我们在8月23日发布的文章中所讨论的那样。第二个问题是什么？答案是“基础设施计划和福利计划”。</blockquote></p><p> The withdrawal of troops from Afghanistan has made the whole world feel the weakening of US military forces. In the meantime, the troop withdrawal has also given the Democratic Party a reason for infighting. Biden's infrastructure plan has been promoted in a high-profile manner since the first day he took office. However, the infrastructure plan encountered obstacles.</p><p><blockquote>从阿富汗撤军，让全世界都感受到了美国军事力量的削弱。其间，撤军也给了民主党内斗的理由。拜登的基建计划从上任第一天起就高调推进。然而，基建计划遇到了障碍。</blockquote></p><p> According to the statement made by major investment banks in the United States yesterday, it is impossible for these 9 Democratic centrists to kick against the pricks. One reason is that none of these 9 Democratic congressmen are well-known enough. The second reason is that the bills promoted by the White House in the past 40 years have never been successfully \"kidnapped\" by the Democratic centrists. If the 9 Democratic centrists work together, it is indeed possible to prevent both plans from being passed together. If so, the likelihood that the infrastructure plan will not be passed is going to be thicker. Failure to pass the infrastructure plan will not only lead to the collapse of Biden's advantages but also the breakdown of the Democratic Party's mid-term elections next year. Therefore, the market judges that the $4.5 trillion plan will be launched as scheduled.</p><p><blockquote>按照美国各大投行昨日的表态，这9位民主党中间派根本不可能一脚踢到刺头上。一个原因是，这9名民主党议员都不够知名。第二个原因是，过去40年白宫力推的法案从未被民主党中间派成功“绑架”。如果民主党9名中间派共同努力，确实有可能阻止两个方案一起通过。如果是这样，基础设施计划不被通过的可能性将会更大。基建计划不能通过，不仅会导致拜登优势崩塌也会导致民主党明年中期选举的破局。因此，市场判断4.5万亿美元计划将如期推出。</blockquote></p><p> At a superficial level, the struggle is followed by the incompatibility between infrastructure plan and welfare plan; but from a deeper perspective, it is the disharmony between the Democratic centrist and the extreme left-wing.</p><p><blockquote>从表面上看，斗争之后是基建计划与福利计划的不相容；但从更深层次看，则是民主党中间派与极左翼的不和谐。</blockquote></p><p> It is pretty easy for the infrastructure plan to be approved by Congress and the White House alone. But the extreme left-wing realizes that once the $1 trillion infrastructure plan is passed alone, the $3.5 trillion welfare plan will completely come to nothing. So, the left-wing in the House of Representatives got the drop on the issue, indicating that either the two plans are passed together, or none of them are passed. It is said that there are 50 people in the extreme left-wing under the House of Representatives, which makes it hard to offend them.</p><p><blockquote>基础设施计划很容易获得国会和白宫的批准。但极左翼意识到，一旦1万亿美元的基础设施计划单独通过，3.5万亿美元的福利计划将彻底化为乌有。因此，众议院的左翼在这个问题上让步了，表明要么这两个计划一起通过，要么都不通过。据说众议院下面的极左有50人，很难得罪。</blockquote></p><p> Biden's taking the crown in the White House benefited from his identity of Democratic centrist to a large extent. Not only is he a centrist, but the leaders of both houses of the Democratic Party are holding a background of a centrist. However, after Biden came to power, he was unconsciously coerced by the extreme left-wing in the middle of the policy agenda, and the leaders of the two houses of the Democratic Party were kidnapped in thoughts even more severely.</p><p><blockquote>拜登在白宫摘得桂冠，很大程度上得益于其民主党中间派的身份。不仅他是中间派，民主党两院领导人都抱着中间派的背景。但拜登上台后，在施政纲领中段不自觉地被极左翼裹挟，民主党两院领袖在思想上被绑架的情况更加严重。</blockquote></p><p> In terms of the infrastructure plan and welfare plan, the two congressional leaders of the Democratic Party were very active in tying up the two plans, which finally dragged Biden into the mire. However, the statement made by Biden is still vague, suggesting that he is swaying precariously between the approval of the infrastructure plan and the support for both plans. As a result, both the centrists and the extreme left-wing say that their voice represents Biden's opinion.</p><p><blockquote>在基建计划和福利计划方面，民主党两位国会领袖非常积极地将两个计划捆绑在一起，最终将拜登拖入泥潭。然而，拜登的表态仍然含糊其辞，暗示他正在基建计划的批准和两项计划的支持之间摇摆不定。因此，中间派和极左翼都表示，他们的声音代表了拜登的意见。</blockquote></p><p> To pass the vote on Monday night, the leaders made great efforts on these 9 people during the weekend. Disappointedly, not only did the efforts beat a dead horse, but more Democrats were willing to join the group of these 9 people, including the 18-member Democratic Party group Blue Dog. The two Democrats in the Senate also supported the loosening of two plans. It should be noted that the support of these two people is necessary for the implementation of the $3.5 trillion plan. Like the predicament of Kabul Airport, if Biden cannot resolve the battle quickly in this fight, the division will inevitably spread.</p><p><blockquote>为了在周一晚上通过投票，领导们在周末期间在这9个人身上下了很大功夫。令人失望的是，不仅努力得不偿失，更多的民主党人愿意加入这9人的团体，包括18人组成的民主党团体蓝狗。参议院的两名民主党人也支持放松两项计划。需要注意的是，这两个人的支持对于3.5万亿美元计划的实施是必要的。和喀布尔机场的困境一样，拜登在这场战斗中如果不能迅速化解战局，分裂必然会蔓延。</blockquote></p><p> <b>Now, there are 3 choices that Biden can make:</b></p><p><blockquote><b>现在，拜登可以做出3个选择：</b></blockquote></p><p> 1.&nbsp;Persuading these 9 people and other centrists to support the bundling of two plans, with the difficulty factor marking 70 points;</p><p><blockquote>1.说服这9人和其他中间派支持捆绑两个计划，难度系数打70分；</blockquote></p><p> 2.&nbsp;Persuading the extreme left-wing to give up the bundling, with the difficulty factor marking 90 points;</p><p><blockquote>2.劝说极左翼放弃捆绑，难度系数标注90分；</blockquote></p><p> 3.&nbsp;Abandoning the support from the extreme left-wing and trying his best to be endorsed by some Republican congressmen to support the infrastructure plan, with the difficulty factor marking 50 points.</p><p><blockquote>3、放弃来自极左翼的支持，竭力获得部分共和党议员背书，支持基建计划，难度系数为50分。</blockquote></p><p> The third choice is the easiest for the president to make. Biden and Democratic leaders are afraid to mention it now because it will make the left-wing feel \"betrayed,\" which may affect the result of the next election. The first choice is relatively easy, with little impact on the later stage. But, as time goes on, the forces of centrists will grow, too.</p><p><blockquote>第三种选择是总统最容易做出的。拜登和民主党领导人现在不敢提及，因为这会让左翼感到“被背叛”，这可能会影响下次选举的结果。第一种选择相对容易，对后期影响不大。但是，随着时间的推移，中间派的力量也会增长。</blockquote></p><p> If necessary, the decision on the predicament of Kabul Airport will be pended. But for Biden, the implementation of the infrastructure plan is imperative.</p><p><blockquote>如有必要，关于喀布尔机场困境的决定将悬而未决。但对拜登来说，基建计划的实施势在必行。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>“Infrastructure Plan and Welfare Plan” - The Second “Trouble” That Biden Has to Deal with<blockquote>“基建计划和福利计划”——拜登要处理的第二个“麻烦”</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n“Infrastructure Plan and Welfare Plan” - The Second “Trouble” That Biden Has to Deal with<blockquote>“基建计划和福利计划”——拜登要处理的第二个“麻烦”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-08-24 22:16</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The crises hidden behind the Kabul airport have formed the first trouble that Biden has to face, as we discussed in the article posted on August 23. And what's the second problem? The answer is \"infrastructure plan&nbsp;&amp; welfare plan.\"</p><p><blockquote>隐藏在喀布尔机场背后的危机已经形成了拜登必须面对的第一个麻烦，正如我们在8月23日发布的文章中所讨论的那样。第二个问题是什么？答案是“基础设施计划和福利计划”。</blockquote></p><p> The withdrawal of troops from Afghanistan has made the whole world feel the weakening of US military forces. In the meantime, the troop withdrawal has also given the Democratic Party a reason for infighting. Biden's infrastructure plan has been promoted in a high-profile manner since the first day he took office. However, the infrastructure plan encountered obstacles.</p><p><blockquote>从阿富汗撤军，让全世界都感受到了美国军事力量的削弱。其间，撤军也给了民主党内斗的理由。拜登的基建计划从上任第一天起就高调推进。然而，基建计划遇到了障碍。</blockquote></p><p> According to the statement made by major investment banks in the United States yesterday, it is impossible for these 9 Democratic centrists to kick against the pricks. One reason is that none of these 9 Democratic congressmen are well-known enough. The second reason is that the bills promoted by the White House in the past 40 years have never been successfully \"kidnapped\" by the Democratic centrists. If the 9 Democratic centrists work together, it is indeed possible to prevent both plans from being passed together. If so, the likelihood that the infrastructure plan will not be passed is going to be thicker. Failure to pass the infrastructure plan will not only lead to the collapse of Biden's advantages but also the breakdown of the Democratic Party's mid-term elections next year. Therefore, the market judges that the $4.5 trillion plan will be launched as scheduled.</p><p><blockquote>按照美国各大投行昨日的表态，这9位民主党中间派根本不可能一脚踢到刺头上。一个原因是，这9名民主党议员都不够知名。第二个原因是，过去40年白宫力推的法案从未被民主党中间派成功“绑架”。如果民主党9名中间派共同努力，确实有可能阻止两个方案一起通过。如果是这样，基础设施计划不被通过的可能性将会更大。基建计划不能通过，不仅会导致拜登优势崩塌也会导致民主党明年中期选举的破局。因此，市场判断4.5万亿美元计划将如期推出。</blockquote></p><p> At a superficial level, the struggle is followed by the incompatibility between infrastructure plan and welfare plan; but from a deeper perspective, it is the disharmony between the Democratic centrist and the extreme left-wing.</p><p><blockquote>从表面上看，斗争之后是基建计划与福利计划的不相容；但从更深层次看，则是民主党中间派与极左翼的不和谐。</blockquote></p><p> It is pretty easy for the infrastructure plan to be approved by Congress and the White House alone. But the extreme left-wing realizes that once the $1 trillion infrastructure plan is passed alone, the $3.5 trillion welfare plan will completely come to nothing. So, the left-wing in the House of Representatives got the drop on the issue, indicating that either the two plans are passed together, or none of them are passed. It is said that there are 50 people in the extreme left-wing under the House of Representatives, which makes it hard to offend them.</p><p><blockquote>基础设施计划很容易获得国会和白宫的批准。但极左翼意识到，一旦1万亿美元的基础设施计划单独通过，3.5万亿美元的福利计划将彻底化为乌有。因此，众议院的左翼在这个问题上让步了，表明要么这两个计划一起通过，要么都不通过。据说众议院下面的极左有50人，很难得罪。</blockquote></p><p> Biden's taking the crown in the White House benefited from his identity of Democratic centrist to a large extent. Not only is he a centrist, but the leaders of both houses of the Democratic Party are holding a background of a centrist. However, after Biden came to power, he was unconsciously coerced by the extreme left-wing in the middle of the policy agenda, and the leaders of the two houses of the Democratic Party were kidnapped in thoughts even more severely.</p><p><blockquote>拜登在白宫摘得桂冠，很大程度上得益于其民主党中间派的身份。不仅他是中间派，民主党两院领导人都抱着中间派的背景。但拜登上台后，在施政纲领中段不自觉地被极左翼裹挟，民主党两院领袖在思想上被绑架的情况更加严重。</blockquote></p><p> In terms of the infrastructure plan and welfare plan, the two congressional leaders of the Democratic Party were very active in tying up the two plans, which finally dragged Biden into the mire. However, the statement made by Biden is still vague, suggesting that he is swaying precariously between the approval of the infrastructure plan and the support for both plans. As a result, both the centrists and the extreme left-wing say that their voice represents Biden's opinion.</p><p><blockquote>在基建计划和福利计划方面，民主党两位国会领袖非常积极地将两个计划捆绑在一起，最终将拜登拖入泥潭。然而，拜登的表态仍然含糊其辞，暗示他正在基建计划的批准和两项计划的支持之间摇摆不定。因此，中间派和极左翼都表示，他们的声音代表了拜登的意见。</blockquote></p><p> To pass the vote on Monday night, the leaders made great efforts on these 9 people during the weekend. Disappointedly, not only did the efforts beat a dead horse, but more Democrats were willing to join the group of these 9 people, including the 18-member Democratic Party group Blue Dog. The two Democrats in the Senate also supported the loosening of two plans. It should be noted that the support of these two people is necessary for the implementation of the $3.5 trillion plan. Like the predicament of Kabul Airport, if Biden cannot resolve the battle quickly in this fight, the division will inevitably spread.</p><p><blockquote>为了在周一晚上通过投票，领导们在周末期间在这9个人身上下了很大功夫。令人失望的是，不仅努力得不偿失，更多的民主党人愿意加入这9人的团体，包括18人组成的民主党团体蓝狗。参议院的两名民主党人也支持放松两项计划。需要注意的是，这两个人的支持对于3.5万亿美元计划的实施是必要的。和喀布尔机场的困境一样，拜登在这场战斗中如果不能迅速化解战局，分裂必然会蔓延。</blockquote></p><p> <b>Now, there are 3 choices that Biden can make:</b></p><p><blockquote><b>现在，拜登可以做出3个选择：</b></blockquote></p><p> 1.&nbsp;Persuading these 9 people and other centrists to support the bundling of two plans, with the difficulty factor marking 70 points;</p><p><blockquote>1.说服这9人和其他中间派支持捆绑两个计划，难度系数打70分；</blockquote></p><p> 2.&nbsp;Persuading the extreme left-wing to give up the bundling, with the difficulty factor marking 90 points;</p><p><blockquote>2.劝说极左翼放弃捆绑，难度系数标注90分；</blockquote></p><p> 3.&nbsp;Abandoning the support from the extreme left-wing and trying his best to be endorsed by some Republican congressmen to support the infrastructure plan, with the difficulty factor marking 50 points.</p><p><blockquote>3、放弃来自极左翼的支持，竭力获得部分共和党议员背书，支持基建计划，难度系数为50分。</blockquote></p><p> The third choice is the easiest for the president to make. Biden and Democratic leaders are afraid to mention it now because it will make the left-wing feel \"betrayed,\" which may affect the result of the next election. The first choice is relatively easy, with little impact on the later stage. But, as time goes on, the forces of centrists will grow, too.</p><p><blockquote>第三种选择是总统最容易做出的。拜登和民主党领导人现在不敢提及，因为这会让左翼感到“被背叛”，这可能会影响下次选举的结果。第一种选择相对容易，对后期影响不大。但是，随着时间的推移，中间派的力量也会增长。</blockquote></p><p> If necessary, the decision on the predicament of Kabul Airport will be pended. But for Biden, the implementation of the infrastructure plan is imperative.</p><p><blockquote>如有必要，关于喀布尔机场困境的决定将悬而未决。但对拜登来说，基建计划的实施势在必行。</blockquote></p><p></p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123156655","content_text":"The crises hidden behind the Kabul airport have formed the first trouble that Biden has to face, as we discussed in the article posted on August 23. And what's the second problem? The answer is \"infrastructure plan & welfare plan.\"\nThe withdrawal of troops from Afghanistan has made the whole world feel the weakening of US military forces. In the meantime, the troop withdrawal has also given the Democratic Party a reason for infighting. Biden's infrastructure plan has been promoted in a high-profile manner since the first day he took office. However, the infrastructure plan encountered obstacles.\nAccording to the statement made by major investment banks in the United States yesterday, it is impossible for these 9 Democratic centrists to kick against the pricks. One reason is that none of these 9 Democratic congressmen are well-known enough. The second reason is that the bills promoted by the White House in the past 40 years have never been successfully \"kidnapped\" by the Democratic centrists. If the 9 Democratic centrists work together, it is indeed possible to prevent both plans from being passed together. If so, the likelihood that the infrastructure plan will not be passed is going to be thicker. Failure to pass the infrastructure plan will not only lead to the collapse of Biden's advantages but also the breakdown of the Democratic Party's mid-term elections next year. Therefore, the market judges that the $4.5 trillion plan will be launched as scheduled.\nAt a superficial level, the struggle is followed by the incompatibility between infrastructure plan and welfare plan; but from a deeper perspective, it is the disharmony between the Democratic centrist and the extreme left-wing.\nIt is pretty easy for the infrastructure plan to be approved by Congress and the White House alone. But the extreme left-wing realizes that once the $1 trillion infrastructure plan is passed alone, the $3.5 trillion welfare plan will completely come to nothing. So, the left-wing in the House of Representatives got the drop on the issue, indicating that either the two plans are passed together, or none of them are passed. It is said that there are 50 people in the extreme left-wing under the House of Representatives, which makes it hard to offend them.\nBiden's taking the crown in the White House benefited from his identity of Democratic centrist to a large extent. Not only is he a centrist, but the leaders of both houses of the Democratic Party are holding a background of a centrist. However, after Biden came to power, he was unconsciously coerced by the extreme left-wing in the middle of the policy agenda, and the leaders of the two houses of the Democratic Party were kidnapped in thoughts even more severely.\nIn terms of the infrastructure plan and welfare plan, the two congressional leaders of the Democratic Party were very active in tying up the two plans, which finally dragged Biden into the mire. However, the statement made by Biden is still vague, suggesting that he is swaying precariously between the approval of the infrastructure plan and the support for both plans. As a result, both the centrists and the extreme left-wing say that their voice represents Biden's opinion.\nTo pass the vote on Monday night, the leaders made great efforts on these 9 people during the weekend. Disappointedly, not only did the efforts beat a dead horse, but more Democrats were willing to join the group of these 9 people, including the 18-member Democratic Party group Blue Dog. The two Democrats in the Senate also supported the loosening of two plans. It should be noted that the support of these two people is necessary for the implementation of the $3.5 trillion plan. Like the predicament of Kabul Airport, if Biden cannot resolve the battle quickly in this fight, the division will inevitably spread.\nNow, there are 3 choices that Biden can make:\n1. Persuading these 9 people and other centrists to support the bundling of two plans, with the difficulty factor marking 70 points;\n2. Persuading the extreme left-wing to give up the bundling, with the difficulty factor marking 90 points;\n3. Abandoning the support from the extreme left-wing and trying his best to be endorsed by some Republican congressmen to support the infrastructure plan, with the difficulty factor marking 50 points.\nThe third choice is the easiest for the president to make. Biden and Democratic leaders are afraid to mention it now because it will make the left-wing feel \"betrayed,\" which may affect the result of the next election. The first choice is relatively easy, with little impact on the later stage. But, as time goes on, the forces of centrists will grow, too.\nIf necessary, the decision on the predicament of Kabul Airport will be pended. But for Biden, the implementation of the infrastructure plan is imperative.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834372877,"gmtCreate":1629775862299,"gmtModify":1633682507766,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Coy with deepest pocket will win","listText":"Coy with deepest pocket will win","text":"Coy with deepest pocket will win","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834372877","repostId":"1103523722","repostType":4,"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835267622,"gmtCreate":1629721898166,"gmtModify":1633682956638,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"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/835267622","repostId":"1167336009","repostType":4,"repost":{"id":"1167336009","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":1629713198,"share":"https://www.laohu8.com/m/news/1167336009?lang=zh_CN&edition=full","pubTime":"2021-08-23 18:06","market":"us","language":"en","title":"JD.com beats second-quarter sales estimates<blockquote>京东第二季度销售超出预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167336009","media":"Tiger Newspress","summary":"Chinese e-commerce platform JD.com Inc on Monday beat analysts' expectations for quarterly revenue, ","content":"<p>Chinese e-commerce platform JD.com Inc&nbsp;on Monday beat analysts' expectations for quarterly revenue, boosted by strong demand for online shopping triggered by the COVID-19 pandemic.</p><p><blockquote>受COVID-19大流行引发的强劲在线购物需求提振，中国电子商务平台京东公司周一的季度收入超出了分析师的预期。</blockquote></p><p> Net revenue at JD.com rose about 26% to 253.8 billion yuan ($39.14 billion) in the second quarter ended June 30. Analysts had expected revenue of 249.27 billion yuan, according to IBES data from Refinitiv.</p><p><blockquote>截至6月30日的第二季度，京东净收入增长约26%，达到2538亿元人民币（391.4亿美元）。根据Refinitiv的IBES数据，分析师此前预计营收为2492.7亿元。</blockquote></p><p> <a href=\"https://www.laohu8.com/live/16296945283683?invite=33333\" target=\"_blank\">Q2 2021 JD.Com Inc Earnings Conference Call</a></p><p><blockquote><a href=\"https://www.laohu8.com/live/16296945283683?invite=33333\" target=\"_blank\">2021年第二季度京东公司收益电话会议</a></blockquote></p><p> <b>Second Quarter 2021 Highlights</b></p><p><blockquote><b>2021年第二季度亮点</b></blockquote></p><p> <ul>  <li><b>Net revenues</b>&nbsp;for the second quarter of 2021 were RMB253.8 billion (US$139.3 billion), an increase of 26.2% from the second quarter of 2020. Net service revenues for the second quarter of 2021 were RMB34.1 billion (US$5.3 billion), an increase of 49.2% from the second quarter of 2020.</li>  <li><b>Income from operations</b>&nbsp;for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year.<b>Non-GAAP2income from operations</b>&nbsp;for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020<b>3</b>.</li>  <li><b>Net incomeattributable to ordinary shareholders</b>&nbsp;for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year.<b>Non-GAAP net incomeattributable to ordinary shareholders</b>&nbsp;for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.</li>  <li><b>Diluted net income per ADS</b>&nbsp;for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020.<b>Non-GAAP diluted net income per ADS</b>&nbsp;for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the same period last year.</li>  <li><b>Operating cash flow</b>&nbsp;for the twelve months ended June 30, 2021 increased to RMB38.9 billion (US$6.0 billion) from RMB26.3 billion for the twelve months ended June 30, 2020. Free cash flow, which excludes the impact from JD Baitiao receivables included in the operating cash flow, for the twelve months ended June 30, 2021 increased to RMB31.9 billion (US$4.9 billion), compared to RMB22.7 billion for the twelve months ended June 30, 2020.</li>  <li><b>Annual active customer accounts4</b>&nbsp;increased by 27.4% to 531.9 million in the twelve months ended June 30, 2021 from 417.4 million in the twelve months ended June 30, 2020.</li> </ul> JD.com&nbsp;shares&nbsp;fell&nbsp;1.8%&nbsp;in premarket trading.</p><p><blockquote><ul><li><b>净收入</b>2021年第二季度为人民币2,538亿元（1,393亿美元），较2020年第二季度增长26.2%。2021年第二季度净服务收入为人民币341亿元（53亿美元），较2020年第二季度增长49.2%。</li><li><b>营业收入</b>2021年第二季度为人民币3.008亿元（4660万美元），而去年同期为人民币50亿元。<b>非GAAP2运营收入</b>2021年第二季度为人民币25亿元（4亿美元），而2020年第二季度为人民币56亿元。京东零售2021年第二季度未分配项目前营业利润率为2.6%，较2020年第二季度保持稳定<b>3</b>.</li><li><b>归属于普通股股东的净利润</b>2021年第二季度为人民币7.943亿元（1.23亿美元），而去年同期为人民币164亿元。<b>非公认会计准则归属于普通股股东的净利润</b>2021年第二季度为人民币46亿元（7亿美元），而去年同期为人民币59亿元。</li><li><b>稀释后每股美国存托凭证净利润</b>2021年第二季度为人民币0.50元（0.08美元），而2020年第二季度为人民币10.47元。<b>非公认会计准则每股美国存托凭证摊薄净利润</b>2021年第二季度为人民币2.90元（0.45美元），而去年同期为人民币3.51元。</li><li><b>经营现金流量</b>截至2021年6月30日止十二个月的人民币263亿元增加至截至2021年6月30日止十二个月的人民币389亿元（60亿美元）。截至2021年6月30日止十二个月的自由现金流（不包括计入经营现金流的京东白条应收款项的影响）增至人民币319亿元（49亿美元），而截至2021年6月30日止十二个月为人民币227亿元。2020年。</li><li><b>年度活跃客户账户4</b>由截至2020年6月30日止十二个月的4.174亿增加27.4%至截至2021年6月30日止十二个月的5.319亿。</li></ul>京东股价在盘前交易中下跌1.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0a2c969e7e956090e6edcd9fad738ba1\" tg-width=\"893\" tg-height=\"641\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b><i>Business Highlights</i></b></p><p><blockquote><b><i>业务亮点</i></b></blockquote></p><p> <b><u>Environment, Social and Governance</u></b></p><p><blockquote><b><u>环境、社会及管治</u></b></blockquote></p><p> <ul>  <li>In response to the severe flooding in the central China province of Henan, JD.com donated over 20 truckloads of rescue supplies and daily necessities dispatched from JD.com’s closest warehouse. Furthermore, JD Health opened a free 24-hour hotline for medical consultation and donated healthcare supplies for disinfection and epidemic prevention. The emergency efforts reflect the company’s longstanding policy of immediately donating goods to disaster areas from the nearest JD.com’s warehouse. JD Retail also assisted merchants in the affected regions through fee relief and additional insurance to accelerate the disaster recovery effort.</li>  <li>On June 18, JD.com published its Sustainability Report discussing the company’s achievements from 2018 to 2020 in creating a low-carbon enterprise through environmentally friendly logistics, procurement and facilities. Since 2017, JD.com has been gradually replacing traditional fuel-combustion trucks with new energy vehicles reducing carbon dioxide emissions by more than 120,000 tons each year.</li>  <li>In June, JD Logistics and P&amp;G Beauty completed an environmentally friendly soccer field made from recycled plastic bottles at the Nanjing Foreign Language School, representing a milestone for JD.com’s Green Stream Initiative on its 4th anniversary. Last year, P&amp;G Beauty joined JD Logistics’s bottle recycling program as a strategic partner to recycle plastic P&amp;G brand products in Shanghai and Guangzhou. As of June 2021, over 20,000 families have participated in the program.</li> </ul> <b><u>JD Retail</u></b></p><p><blockquote><ul><li>为应对河南省的严重洪灾，京东捐赠了20多辆卡车的救援物资和生活必需品，这些物资是从京东最近的仓库运来的。此外，京东健康开通24小时免费医疗咨询热线，捐赠消毒防疫医疗用品。此次紧急行动反映了该公司的长期政策，即立即从最近的京东仓库向灾区捐赠货物。京东零售还通过费用减免和额外保险帮助受影响地区的商家加快灾后恢复工作。</li><li>6月18日，京东发布了可持续发展报告，讨论了该公司在2018年至2020年通过环保物流、采购和设施创建低碳企业方面取得的成就。自2017年以来，京东逐步用新能源汽车取代传统燃油卡车，每年减少二氧化碳排放超过12万吨。</li><li>6月，京东物流与宝洁美容在南京外国语学校完成了一个由回收塑料瓶制成的环保足球场，标志着京东绿流倡议四周年的里程碑。去年，宝洁美妆作为战略合作伙伴加入京东物流的瓶子回收计划，在上海和广州回收塑料宝洁品牌产品。截至2021年6月，已有超过20,000个家庭参与了该计划。</li></ul><b><u>京东零售</u></b></blockquote></p><p></p><p> <ul>  <li>JD.com’s 618 Grand Promotion reported outstanding results. During the 18-day sale from June 1 to 18, over 236 brands achieved sales of over RMB100 million. Order requests from 92% of districts and counties and 84% of small towns were fulfilled on the same or next day. Omni-channel also played an integral part in the 618 Grand Promotion with over one thousand digital and computer stores supporting on-demand consumption and one-hour delivery service.</li>  <li>LVMH group expanded its innovative partnerships with JD.com in the second quarter. Leveraging the JD.com mini-app, LVMH’s BVLGARI brand provided customers with a new shopping experience featuring a full suite of products including selected jewelry and watches. This represents the first time BVLGARI has collaborated with a third-party online retailer in its history of 137 years. Berluti, the top luxury menswear fashion house under the LVMH group, also established its first official global flagship store on JD.com during the period.</li>  <li>Several internationally renowned beauty brands recently launched official flagship stores on JD.com including LVMH Group’s Guerlain in early August, as well as LVMH Group’s Givenchy Beauty and Benefit, Estee Lauder Companies’ Estee Lauder, Clinique and Origins, and L’Oreal's Kiehl's in July. The addition of these brands further enriches JD Beauty's high-quality product suite and ensures a best-of-class shopping experience for customers with services provided by JD Logistics.</li> </ul> <b><u>JD Health</u></b></p><p><blockquote><ul><li>京东618大促战报亮眼。在6月1日至18日的18天销售中，超过236个品牌的销售额超过人民币1亿元。92%的区县、84%的小城镇订单请求当天或次日完成。全渠道也在618大促中发挥了不可或缺的作用，超过一千家数码和电脑商店支持按需消费和一小时送达服务。</li><li>路威酩轩集团在第二季度扩大了与京东的创新合作伙伴关系。LVMH旗下宝格丽品牌透过京东小应用程式，为顾客提供全新购物体验，包括精选珠宝及腕表在内的全套产品。这是宝格丽137年历史上首次与第三方在线零售商合作。LVMH集团旗下顶级奢侈男装时装屋Berluti亦于期内在京东设立首家全球官方旗舰店。</li><li>几个国际知名美容品牌最近在京东上推出了官方旗舰店，包括8月初LVMH集团的娇兰，以及7月份LVMH集团的纪梵希Beauty and Benefit，雅诗兰黛公司的雅诗兰黛、倩碧和Origins，以及欧莱雅的科颜氏。这些品牌的加入进一步丰富了京东美妆的优质产品套件，并通过京东物流提供的服务确保客户获得一流的购物体验。</li></ul><b><u>京东健康</u></b></blockquote></p><p> <ul>  <li>As an important platform for healthcare brands to expand online sales channels and accelerate digitalization, in the second quarter, JD Health closely cooperated with leading global pharmaceutical companies. JD Health deepened its cooperation with UCB China and became its strategic partner for the distribution of UCB China’s anti-allergic drug Zyrtec (cetirizine hydrochloride tablet and drops). JD Health facilitated the expansion and maintenance of multiple sales channels for Zyrtec including online, offline small and medium sized chain pharmacies as well as individual pharmacies. JD Health also officially launched the AstraZeneca direct sales flagship store, Sanofi direct sales flagship store and other brand stores in order to provide more convenient and professional online and offline integrated healthcare services to patients with chronic diseases.</li>  <li>In order to address the need for supply chains for certain special drugs, in the second quarter, JD Health partnered with JD Logistics to establish “cold chain” capabilities covering over 100 cities in 12 provincial-level administrative regions across China. With such capabilities, JD Pharmacy is able to expand its business into special drugs for rare diseases. A number of cold chain products from Eli Lilly and Company, Novartis, Sanofi and other brands became available through JD Pharmacy.</li> </ul> <b><u>JD Logistics</u></b></p><p><blockquote><ul><li>作为医疗健康品牌拓展线上销售渠道、加速数字化的重要平台，二季度，京东健康与全球领先药企紧密合作。京东健康深化与优时比中国的合作，成为其优时比中国抗过敏药Zyrtec（盐酸西替利嗪片和滴剂）分销的战略合作伙伴。京东健康协助Zyrtec拓展和维护多个销售渠道，包括线上、线下中小型连锁药店以及个体药店。京东健康还正式上线阿斯利康直销旗舰店、赛诺菲直销旗舰店等品牌门店，以期为慢病患者提供更加便捷、专业的线上线下一体化医疗保健服务。</li><li>为解决某些特殊药品的供应链需求，第二季度，京东健康与京东物流合作，建立了覆盖全国12个省级行政区超100个城市的“冷链”能力。有了这样的能力，京东大药房才有能力将业务拓展到罕见病特药。礼来公司、诺华、赛诺菲等品牌的多款冷链产品通过京东大药房上市。</li></ul><b><u>京东物流</u></b></blockquote></p><p> <ul>  <li>On May 28, JD Logistics successfully listed on the Main Board of the Hong Kong Stock Exchange under the stock code “2618”. Net proceeds from this offering, including the over-allotment options, amounted to approximately RMB23.0 billion. After listing in Hong Kong, JD Logistics will continue to focus on developing its integrated supply chain, including upgrading and expanding its six logistics networks, developing advanced technologies to be used in its supply chain solutions and logistics services, expanding the breadth and depth of integrated solutions, improving supply chain efficiency and user experience for customers, and reducing operating costs.</li>  <li>JD Logistics further strengthened its cross regional highway, railway and air cargo network to enhance its next-morning and next-day delivery service. As of June 30, 2021, JD Logistics had over 1,000 air cargo routes and the ability to utilize over 300 railway routes. During the 618 Grand Promotion, customers enjoyed delivery service within minutes of order placement in over 200 cities in China.</li>  <li>In June, JD Logistics and Xiaomi Youpin jointly launched a warehousing and distribution center in Tianjin, upgrading the supply chain cooperation between the two parties. The warehousing center will provide one-stop logistics services including collection, sorting, warehousing, packaging, and distribution, covering all categories of products for its customers.</li>  <li>As of June 30, 2021, JD Logistics operated approximately 1,200 warehouses, which covered an aggregate gross floor area of approximately 23 million square meters, including warehouse space of cloud warehouses managed under the JD Logistics Open Warehouse Platform.</li> </ul> <b><u>Other Highlights</u></b></p><p><blockquote><ul><li>5月28日，京东物流在港交所主板成功上市，股票代码为“2618”。本次发行的所得款项净额（包括超额配股权）约为人民币230亿元。在香港上市后，京东物流将继续专注于发展其一体化供应链，包括升级和扩展其六大物流网络，开发先进技术用于其供应链解决方案和物流服务，拓展一体化解决方案的广度和深度，为客户提高供应链效率和用户体验，并降低运营成本。</li><li>京东物流进一步加强跨区域公路、铁路和航空货运网络，提升次日早达和次日达服务。截至2021年6月30日，京东物流拥有超过1,000条航空货运航线，并有能力利用超过300条铁路航线。在618大促期间，客户在中国200多个城市享受下单分钟送达服务。</li><li>6月，京东物流与小米有品在天津联合落地仓储配送中心，升级双方供应链合作。仓储中心将为其客户提供包括收集、分拣、仓储、包装、配送在内的一站式物流服务，覆盖所有品类的产品。</li><li>截至2021年6月30日，京东物流运营约1200个仓库，总建筑面积约2300万平方米，包括京东物流开放仓库平台下管理的云仓库的仓库空间。</li></ul><b><u>其他亮点</u></b></blockquote></p><p></p><p> <ul>  <li>On June 18, AiHuiShou, a secondhand electronics transactions and services platform, was officially listed on the New York Stock Exchange under the stock ticker “RERE”. JD.com’s ownership ratio was approximately 33.4% after listing. According to the partnership agreement signed between JD.com and AiHuiShou, the two companies will cooperate in the areas of user traffic, marketing, R&amp;D, sales and channel commissions, supply chain and logistics, customer service and after-sales service.</li> </ul> <b><u>Operational Metrics Update</u></b></p><p><blockquote><ul><li>6月18日，二手电子交易和服务平台爱回收在纽交所正式挂牌上市，股票代码为“RERE”。京东上市后持股比例约为33.4%。根据京东与爱回收签署的合作伙伴协议，两家公司将在用户流量、营销、研发、销售和渠道佣金、供应链和物流、客户服务和售后服务等领域展开合作。</li></ul><b><u>运营指标更新</u></b></blockquote></p><p> <ul>  <li>As of June 30, 2021, JD.com had over 320,000 employees, excluding part-time and interns.</li> </ul> <b>Second Quarter 2021 Financial Results</b></p><p><blockquote><ul><li>截至2021年6月30日，京东拥有超过32万名员工，不包括兼职和实习生。</li></ul><b>2021年第二季度财务业绩</b></blockquote></p><p> <b><i>Net Revenues.</i></b>&nbsp;For the second quarter of 2021, JD.com reported net revenues of RMB253.8 billion (US$39.3 billion), representing a 26.2% increase from the same period in 2020. Net product revenues increased by 23.3%, while net service revenues increased by 49.2% for the second quarter of 2021, as compared to the same period of 2020.</p><p><blockquote><b><i>净收入。</i></b>2021年第二季度，京东报告净收入为人民币2538亿元（393亿美元），较2020年同期增长26.2%。与2020年同期相比，2021年第二季度产品净收入增长23.3%，服务净收入增长49.2%。</blockquote></p><p> <b><i>Cost of Revenues</i></b><b>.</b>Cost of revenues increased by 28.8% to RMB222.1 billion (US$34.4 billion) for the second quarter of 2021 from RMB172.4 billion for the second quarter of 2020.</p><p><blockquote><b><i>收入成本</i></b><b>.</b>收入成本从2020年第二季度的人民币1,724亿元增长28.8%至2021年第二季度的人民币2,221亿元（344亿美元）。</blockquote></p><p> <b><i>Fulfillment Expenses</i></b><b>.</b>Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 22.5% to RMB14.6 billion (US$2.3 billion) for the second quarter of 2021 from RMB12.0 billion for the second quarter of 2020. Fulfillment expenses as a percentage of net revenues was 5.8% for the second quarter of 2021, compared to 5.9% for the same period last year.</p><p><blockquote><b><i>履行费用</i></b><b>.</b>履约费用主要包括采购、仓储、交付、客户服务和支付处理费用，从2020年第二季度的人民币120亿元增长22.5%至2021年第二季度的人民币146亿元（23亿美元）。2021年第二季度履行费用占净收入的百分比为5.8%，而去年同期为5.9%。</blockquote></p><p> <b><i>Marketing Expenses</i></b><b>.</b>Marketing expenses increased by 56.0% to RMB10.6 billion (US$1.6 billion) for the second quarter of 2021 from RMB6.8 billion for the second quarter of 2020.</p><p><blockquote><b><i>营销费用</i></b><b>.</b>营销费用从2020年第二季度的人民币68亿元增长56.0%至2021年第二季度的人民币106亿元（16亿美元）。</blockquote></p><p> <b><i>Research and Development Expenses</i></b><b>.</b>Research and development expenses was RMB3.7 billion (US$0.6 billion) for the second quarter of 2021, as compared to RMB3.6 billion for the second quarter of 2020.</p><p><blockquote><b><i>研发费用</i></b><b>.</b>2021年第二季度的研发费用为人民币37亿元（6亿美元），而2020年第二季度为人民币36亿元。</blockquote></p><p> <b><i>General and Administrative Expenses</i></b><b>.</b>&nbsp;General and administrative expenses increased by 80.0% to RMB2.6 billion (US$0.4 billion) for the second quarter of 2021 from RMB1.4 billion for the second quarter of 2020. The increase was primarily due to the increase in share-based compensation expenses.</p><p><blockquote><b><i>一般及行政开支</i></b><b>.</b>一般及行政费用从2020年第二季度的人民币14亿元增长80.0%至2021年第二季度的人民币26亿元（4亿美元）。该增加主要由于以股份为基础的薪酬开支增加所致。</blockquote></p><p> <b><i>Income from Operations and Non-GAAP Income from Operations.</i></b>Income from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year. Non-GAAP income from operations for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to non-GAAP income from operations of RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020.</p><p><blockquote><b><i>运营收入和非公认会计准则运营收入。</i></b>2021年第二季度营业收入为人民币3.008亿元（4660万美元），而去年同期为人民币50亿元。2021年第二季度非GAAP运营收入为25亿元人民币（4亿美元），而2020年第二季度非GAAP运营收入为56亿元人民币。京东零售2021年第二季度未分配项目前的营业利润率为2.6%，与2020年第二季度相比保持稳定。</blockquote></p><p> <b><i>Non-GAAP EBITDA</i></b>for the second quarter of 2021 was RMB3.7 billion (US$0.6 billion), compared to RMB6.9 billion for the second quarter of 2020.</p><p><blockquote><b><i>非公认会计准则EBITDA</i></b>2021年第二季度为人民币37亿元（6亿美元），而2020年第二季度为人民币69亿元。</blockquote></p><p> <b><i>Share of Results of Equity Investees.</i></b>&nbsp;Share of results of equity investees was an income of RMB522.8 million (US$81.0 million) for the second quarter of 2021, as compared to an income of RMB4.0 billion for the second quarter of 2020. The substantial decrease was primarily due to a one-off dilution gain of RMB4.1 billion recognized upon the IPO of Dada Group during the second quarter of 2020.</p><p><blockquote><b><i>应佔权益被投资方业绩。</i></b>2021年第二季度股权投资公司业绩份额收入为人民币5.228亿元（8100万美元），而2020年第二季度收入为人民币40亿元。大幅减少主要是由于达达集团于2020年第二季度首次公开发售后确认的一次性摊薄收益人民币41亿元。</blockquote></p><p> <b><i>Net IncomeAttributable to Ordinary Shareholdersand Non-GAAP Net IncomeAttributable to Ordinary Shareholders.</i></b>Net income attributable to ordinary shareholders for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year. Non-GAAP net income attributable to ordinary shareholders for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.</p><p><blockquote><b><i>归属于普通股股东的净利润和非公认会计准则归属于普通股股东的净利润。</i></b>2021年第二季度归属于普通股股东的净利润为人民币7.943亿元（1.23亿美元），而去年同期为人民币164亿元。2021年第二季度非公认会计准则归属于普通股股东的净利润为人民币46亿元（7亿美元），而去年同期为人民币59亿元。</blockquote></p><p> <b><i>Diluted EPS and Non-GAAP Diluted EPS.</i></b>Diluted net income per ADS for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020. Non-GAAP diluted net income per ADS for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the second quarter of 2020.</p><p><blockquote><b><i>稀释每股收益和非公认会计准则稀释每股收益。</i></b>2021年第二季度每股美国存托凭证摊薄净利润为人民币0.50元（0.08美元），而2020年第二季度为人民币10.47元。2021年第二季度非公认会计准则摊薄后每股美国存托凭证净利润为人民币2.90元（0.45美元），而2020年第二季度为人民币3.51元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JD.com beats second-quarter sales estimates<blockquote>京东第二季度销售超出预期</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJD.com beats second-quarter sales estimates<blockquote>京东第二季度销售超出预期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-08-23 18:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Chinese e-commerce platform JD.com Inc&nbsp;on Monday beat analysts' expectations for quarterly revenue, boosted by strong demand for online shopping triggered by the COVID-19 pandemic.</p><p><blockquote>受COVID-19大流行引发的强劲在线购物需求提振，中国电子商务平台京东公司周一的季度收入超出了分析师的预期。</blockquote></p><p> Net revenue at JD.com rose about 26% to 253.8 billion yuan ($39.14 billion) in the second quarter ended June 30. Analysts had expected revenue of 249.27 billion yuan, according to IBES data from Refinitiv.</p><p><blockquote>截至6月30日的第二季度，京东净收入增长约26%，达到2538亿元人民币（391.4亿美元）。根据Refinitiv的IBES数据，分析师此前预计营收为2492.7亿元。</blockquote></p><p> <a href=\"https://www.laohu8.com/live/16296945283683?invite=33333\" target=\"_blank\">Q2 2021 JD.Com Inc Earnings Conference Call</a></p><p><blockquote><a href=\"https://www.laohu8.com/live/16296945283683?invite=33333\" target=\"_blank\">2021年第二季度京东公司收益电话会议</a></blockquote></p><p> <b>Second Quarter 2021 Highlights</b></p><p><blockquote><b>2021年第二季度亮点</b></blockquote></p><p> <ul>  <li><b>Net revenues</b>&nbsp;for the second quarter of 2021 were RMB253.8 billion (US$139.3 billion), an increase of 26.2% from the second quarter of 2020. Net service revenues for the second quarter of 2021 were RMB34.1 billion (US$5.3 billion), an increase of 49.2% from the second quarter of 2020.</li>  <li><b>Income from operations</b>&nbsp;for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year.<b>Non-GAAP2income from operations</b>&nbsp;for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020<b>3</b>.</li>  <li><b>Net incomeattributable to ordinary shareholders</b>&nbsp;for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year.<b>Non-GAAP net incomeattributable to ordinary shareholders</b>&nbsp;for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.</li>  <li><b>Diluted net income per ADS</b>&nbsp;for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020.<b>Non-GAAP diluted net income per ADS</b>&nbsp;for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the same period last year.</li>  <li><b>Operating cash flow</b>&nbsp;for the twelve months ended June 30, 2021 increased to RMB38.9 billion (US$6.0 billion) from RMB26.3 billion for the twelve months ended June 30, 2020. Free cash flow, which excludes the impact from JD Baitiao receivables included in the operating cash flow, for the twelve months ended June 30, 2021 increased to RMB31.9 billion (US$4.9 billion), compared to RMB22.7 billion for the twelve months ended June 30, 2020.</li>  <li><b>Annual active customer accounts4</b>&nbsp;increased by 27.4% to 531.9 million in the twelve months ended June 30, 2021 from 417.4 million in the twelve months ended June 30, 2020.</li> </ul> JD.com&nbsp;shares&nbsp;fell&nbsp;1.8%&nbsp;in premarket trading.</p><p><blockquote><ul><li><b>净收入</b>2021年第二季度为人民币2,538亿元（1,393亿美元），较2020年第二季度增长26.2%。2021年第二季度净服务收入为人民币341亿元（53亿美元），较2020年第二季度增长49.2%。</li><li><b>营业收入</b>2021年第二季度为人民币3.008亿元（4660万美元），而去年同期为人民币50亿元。<b>非GAAP2运营收入</b>2021年第二季度为人民币25亿元（4亿美元），而2020年第二季度为人民币56亿元。京东零售2021年第二季度未分配项目前营业利润率为2.6%，较2020年第二季度保持稳定<b>3</b>.</li><li><b>归属于普通股股东的净利润</b>2021年第二季度为人民币7.943亿元（1.23亿美元），而去年同期为人民币164亿元。<b>非公认会计准则归属于普通股股东的净利润</b>2021年第二季度为人民币46亿元（7亿美元），而去年同期为人民币59亿元。</li><li><b>稀释后每股美国存托凭证净利润</b>2021年第二季度为人民币0.50元（0.08美元），而2020年第二季度为人民币10.47元。<b>非公认会计准则每股美国存托凭证摊薄净利润</b>2021年第二季度为人民币2.90元（0.45美元），而去年同期为人民币3.51元。</li><li><b>经营现金流量</b>截至2021年6月30日止十二个月的人民币263亿元增加至截至2021年6月30日止十二个月的人民币389亿元（60亿美元）。截至2021年6月30日止十二个月的自由现金流（不包括计入经营现金流的京东白条应收款项的影响）增至人民币319亿元（49亿美元），而截至2021年6月30日止十二个月为人民币227亿元。2020年。</li><li><b>年度活跃客户账户4</b>由截至2020年6月30日止十二个月的4.174亿增加27.4%至截至2021年6月30日止十二个月的5.319亿。</li></ul>京东股价在盘前交易中下跌1.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0a2c969e7e956090e6edcd9fad738ba1\" tg-width=\"893\" tg-height=\"641\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b><i>Business Highlights</i></b></p><p><blockquote><b><i>业务亮点</i></b></blockquote></p><p> <b><u>Environment, Social and Governance</u></b></p><p><blockquote><b><u>环境、社会及管治</u></b></blockquote></p><p> <ul>  <li>In response to the severe flooding in the central China province of Henan, JD.com donated over 20 truckloads of rescue supplies and daily necessities dispatched from JD.com’s closest warehouse. Furthermore, JD Health opened a free 24-hour hotline for medical consultation and donated healthcare supplies for disinfection and epidemic prevention. The emergency efforts reflect the company’s longstanding policy of immediately donating goods to disaster areas from the nearest JD.com’s warehouse. JD Retail also assisted merchants in the affected regions through fee relief and additional insurance to accelerate the disaster recovery effort.</li>  <li>On June 18, JD.com published its Sustainability Report discussing the company’s achievements from 2018 to 2020 in creating a low-carbon enterprise through environmentally friendly logistics, procurement and facilities. Since 2017, JD.com has been gradually replacing traditional fuel-combustion trucks with new energy vehicles reducing carbon dioxide emissions by more than 120,000 tons each year.</li>  <li>In June, JD Logistics and P&amp;G Beauty completed an environmentally friendly soccer field made from recycled plastic bottles at the Nanjing Foreign Language School, representing a milestone for JD.com’s Green Stream Initiative on its 4th anniversary. Last year, P&amp;G Beauty joined JD Logistics’s bottle recycling program as a strategic partner to recycle plastic P&amp;G brand products in Shanghai and Guangzhou. As of June 2021, over 20,000 families have participated in the program.</li> </ul> <b><u>JD Retail</u></b></p><p><blockquote><ul><li>为应对河南省的严重洪灾，京东捐赠了20多辆卡车的救援物资和生活必需品，这些物资是从京东最近的仓库运来的。此外，京东健康开通24小时免费医疗咨询热线，捐赠消毒防疫医疗用品。此次紧急行动反映了该公司的长期政策，即立即从最近的京东仓库向灾区捐赠货物。京东零售还通过费用减免和额外保险帮助受影响地区的商家加快灾后恢复工作。</li><li>6月18日，京东发布了可持续发展报告，讨论了该公司在2018年至2020年通过环保物流、采购和设施创建低碳企业方面取得的成就。自2017年以来，京东逐步用新能源汽车取代传统燃油卡车，每年减少二氧化碳排放超过12万吨。</li><li>6月，京东物流与宝洁美容在南京外国语学校完成了一个由回收塑料瓶制成的环保足球场，标志着京东绿流倡议四周年的里程碑。去年，宝洁美妆作为战略合作伙伴加入京东物流的瓶子回收计划，在上海和广州回收塑料宝洁品牌产品。截至2021年6月，已有超过20,000个家庭参与了该计划。</li></ul><b><u>京东零售</u></b></blockquote></p><p></p><p> <ul>  <li>JD.com’s 618 Grand Promotion reported outstanding results. During the 18-day sale from June 1 to 18, over 236 brands achieved sales of over RMB100 million. Order requests from 92% of districts and counties and 84% of small towns were fulfilled on the same or next day. Omni-channel also played an integral part in the 618 Grand Promotion with over one thousand digital and computer stores supporting on-demand consumption and one-hour delivery service.</li>  <li>LVMH group expanded its innovative partnerships with JD.com in the second quarter. Leveraging the JD.com mini-app, LVMH’s BVLGARI brand provided customers with a new shopping experience featuring a full suite of products including selected jewelry and watches. This represents the first time BVLGARI has collaborated with a third-party online retailer in its history of 137 years. Berluti, the top luxury menswear fashion house under the LVMH group, also established its first official global flagship store on JD.com during the period.</li>  <li>Several internationally renowned beauty brands recently launched official flagship stores on JD.com including LVMH Group’s Guerlain in early August, as well as LVMH Group’s Givenchy Beauty and Benefit, Estee Lauder Companies’ Estee Lauder, Clinique and Origins, and L’Oreal's Kiehl's in July. The addition of these brands further enriches JD Beauty's high-quality product suite and ensures a best-of-class shopping experience for customers with services provided by JD Logistics.</li> </ul> <b><u>JD Health</u></b></p><p><blockquote><ul><li>京东618大促战报亮眼。在6月1日至18日的18天销售中，超过236个品牌的销售额超过人民币1亿元。92%的区县、84%的小城镇订单请求当天或次日完成。全渠道也在618大促中发挥了不可或缺的作用，超过一千家数码和电脑商店支持按需消费和一小时送达服务。</li><li>路威酩轩集团在第二季度扩大了与京东的创新合作伙伴关系。LVMH旗下宝格丽品牌透过京东小应用程式，为顾客提供全新购物体验，包括精选珠宝及腕表在内的全套产品。这是宝格丽137年历史上首次与第三方在线零售商合作。LVMH集团旗下顶级奢侈男装时装屋Berluti亦于期内在京东设立首家全球官方旗舰店。</li><li>几个国际知名美容品牌最近在京东上推出了官方旗舰店，包括8月初LVMH集团的娇兰，以及7月份LVMH集团的纪梵希Beauty and Benefit，雅诗兰黛公司的雅诗兰黛、倩碧和Origins，以及欧莱雅的科颜氏。这些品牌的加入进一步丰富了京东美妆的优质产品套件，并通过京东物流提供的服务确保客户获得一流的购物体验。</li></ul><b><u>京东健康</u></b></blockquote></p><p> <ul>  <li>As an important platform for healthcare brands to expand online sales channels and accelerate digitalization, in the second quarter, JD Health closely cooperated with leading global pharmaceutical companies. JD Health deepened its cooperation with UCB China and became its strategic partner for the distribution of UCB China’s anti-allergic drug Zyrtec (cetirizine hydrochloride tablet and drops). JD Health facilitated the expansion and maintenance of multiple sales channels for Zyrtec including online, offline small and medium sized chain pharmacies as well as individual pharmacies. JD Health also officially launched the AstraZeneca direct sales flagship store, Sanofi direct sales flagship store and other brand stores in order to provide more convenient and professional online and offline integrated healthcare services to patients with chronic diseases.</li>  <li>In order to address the need for supply chains for certain special drugs, in the second quarter, JD Health partnered with JD Logistics to establish “cold chain” capabilities covering over 100 cities in 12 provincial-level administrative regions across China. With such capabilities, JD Pharmacy is able to expand its business into special drugs for rare diseases. A number of cold chain products from Eli Lilly and Company, Novartis, Sanofi and other brands became available through JD Pharmacy.</li> </ul> <b><u>JD Logistics</u></b></p><p><blockquote><ul><li>作为医疗健康品牌拓展线上销售渠道、加速数字化的重要平台，二季度，京东健康与全球领先药企紧密合作。京东健康深化与优时比中国的合作，成为其优时比中国抗过敏药Zyrtec（盐酸西替利嗪片和滴剂）分销的战略合作伙伴。京东健康协助Zyrtec拓展和维护多个销售渠道，包括线上、线下中小型连锁药店以及个体药店。京东健康还正式上线阿斯利康直销旗舰店、赛诺菲直销旗舰店等品牌门店，以期为慢病患者提供更加便捷、专业的线上线下一体化医疗保健服务。</li><li>为解决某些特殊药品的供应链需求，第二季度，京东健康与京东物流合作，建立了覆盖全国12个省级行政区超100个城市的“冷链”能力。有了这样的能力，京东大药房才有能力将业务拓展到罕见病特药。礼来公司、诺华、赛诺菲等品牌的多款冷链产品通过京东大药房上市。</li></ul><b><u>京东物流</u></b></blockquote></p><p> <ul>  <li>On May 28, JD Logistics successfully listed on the Main Board of the Hong Kong Stock Exchange under the stock code “2618”. Net proceeds from this offering, including the over-allotment options, amounted to approximately RMB23.0 billion. After listing in Hong Kong, JD Logistics will continue to focus on developing its integrated supply chain, including upgrading and expanding its six logistics networks, developing advanced technologies to be used in its supply chain solutions and logistics services, expanding the breadth and depth of integrated solutions, improving supply chain efficiency and user experience for customers, and reducing operating costs.</li>  <li>JD Logistics further strengthened its cross regional highway, railway and air cargo network to enhance its next-morning and next-day delivery service. As of June 30, 2021, JD Logistics had over 1,000 air cargo routes and the ability to utilize over 300 railway routes. During the 618 Grand Promotion, customers enjoyed delivery service within minutes of order placement in over 200 cities in China.</li>  <li>In June, JD Logistics and Xiaomi Youpin jointly launched a warehousing and distribution center in Tianjin, upgrading the supply chain cooperation between the two parties. The warehousing center will provide one-stop logistics services including collection, sorting, warehousing, packaging, and distribution, covering all categories of products for its customers.</li>  <li>As of June 30, 2021, JD Logistics operated approximately 1,200 warehouses, which covered an aggregate gross floor area of approximately 23 million square meters, including warehouse space of cloud warehouses managed under the JD Logistics Open Warehouse Platform.</li> </ul> <b><u>Other Highlights</u></b></p><p><blockquote><ul><li>5月28日，京东物流在港交所主板成功上市，股票代码为“2618”。本次发行的所得款项净额（包括超额配股权）约为人民币230亿元。在香港上市后，京东物流将继续专注于发展其一体化供应链，包括升级和扩展其六大物流网络，开发先进技术用于其供应链解决方案和物流服务，拓展一体化解决方案的广度和深度，为客户提高供应链效率和用户体验，并降低运营成本。</li><li>京东物流进一步加强跨区域公路、铁路和航空货运网络，提升次日早达和次日达服务。截至2021年6月30日，京东物流拥有超过1,000条航空货运航线，并有能力利用超过300条铁路航线。在618大促期间，客户在中国200多个城市享受下单分钟送达服务。</li><li>6月，京东物流与小米有品在天津联合落地仓储配送中心，升级双方供应链合作。仓储中心将为其客户提供包括收集、分拣、仓储、包装、配送在内的一站式物流服务，覆盖所有品类的产品。</li><li>截至2021年6月30日，京东物流运营约1200个仓库，总建筑面积约2300万平方米，包括京东物流开放仓库平台下管理的云仓库的仓库空间。</li></ul><b><u>其他亮点</u></b></blockquote></p><p></p><p> <ul>  <li>On June 18, AiHuiShou, a secondhand electronics transactions and services platform, was officially listed on the New York Stock Exchange under the stock ticker “RERE”. JD.com’s ownership ratio was approximately 33.4% after listing. According to the partnership agreement signed between JD.com and AiHuiShou, the two companies will cooperate in the areas of user traffic, marketing, R&amp;D, sales and channel commissions, supply chain and logistics, customer service and after-sales service.</li> </ul> <b><u>Operational Metrics Update</u></b></p><p><blockquote><ul><li>6月18日，二手电子交易和服务平台爱回收在纽交所正式挂牌上市，股票代码为“RERE”。京东上市后持股比例约为33.4%。根据京东与爱回收签署的合作伙伴协议，两家公司将在用户流量、营销、研发、销售和渠道佣金、供应链和物流、客户服务和售后服务等领域展开合作。</li></ul><b><u>运营指标更新</u></b></blockquote></p><p> <ul>  <li>As of June 30, 2021, JD.com had over 320,000 employees, excluding part-time and interns.</li> </ul> <b>Second Quarter 2021 Financial Results</b></p><p><blockquote><ul><li>截至2021年6月30日，京东拥有超过32万名员工，不包括兼职和实习生。</li></ul><b>2021年第二季度财务业绩</b></blockquote></p><p> <b><i>Net Revenues.</i></b>&nbsp;For the second quarter of 2021, JD.com reported net revenues of RMB253.8 billion (US$39.3 billion), representing a 26.2% increase from the same period in 2020. Net product revenues increased by 23.3%, while net service revenues increased by 49.2% for the second quarter of 2021, as compared to the same period of 2020.</p><p><blockquote><b><i>净收入。</i></b>2021年第二季度，京东报告净收入为人民币2538亿元（393亿美元），较2020年同期增长26.2%。与2020年同期相比，2021年第二季度产品净收入增长23.3%，服务净收入增长49.2%。</blockquote></p><p> <b><i>Cost of Revenues</i></b><b>.</b>Cost of revenues increased by 28.8% to RMB222.1 billion (US$34.4 billion) for the second quarter of 2021 from RMB172.4 billion for the second quarter of 2020.</p><p><blockquote><b><i>收入成本</i></b><b>.</b>收入成本从2020年第二季度的人民币1,724亿元增长28.8%至2021年第二季度的人民币2,221亿元（344亿美元）。</blockquote></p><p> <b><i>Fulfillment Expenses</i></b><b>.</b>Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 22.5% to RMB14.6 billion (US$2.3 billion) for the second quarter of 2021 from RMB12.0 billion for the second quarter of 2020. Fulfillment expenses as a percentage of net revenues was 5.8% for the second quarter of 2021, compared to 5.9% for the same period last year.</p><p><blockquote><b><i>履行费用</i></b><b>.</b>履约费用主要包括采购、仓储、交付、客户服务和支付处理费用，从2020年第二季度的人民币120亿元增长22.5%至2021年第二季度的人民币146亿元（23亿美元）。2021年第二季度履行费用占净收入的百分比为5.8%，而去年同期为5.9%。</blockquote></p><p> <b><i>Marketing Expenses</i></b><b>.</b>Marketing expenses increased by 56.0% to RMB10.6 billion (US$1.6 billion) for the second quarter of 2021 from RMB6.8 billion for the second quarter of 2020.</p><p><blockquote><b><i>营销费用</i></b><b>.</b>营销费用从2020年第二季度的人民币68亿元增长56.0%至2021年第二季度的人民币106亿元（16亿美元）。</blockquote></p><p> <b><i>Research and Development Expenses</i></b><b>.</b>Research and development expenses was RMB3.7 billion (US$0.6 billion) for the second quarter of 2021, as compared to RMB3.6 billion for the second quarter of 2020.</p><p><blockquote><b><i>研发费用</i></b><b>.</b>2021年第二季度的研发费用为人民币37亿元（6亿美元），而2020年第二季度为人民币36亿元。</blockquote></p><p> <b><i>General and Administrative Expenses</i></b><b>.</b>&nbsp;General and administrative expenses increased by 80.0% to RMB2.6 billion (US$0.4 billion) for the second quarter of 2021 from RMB1.4 billion for the second quarter of 2020. The increase was primarily due to the increase in share-based compensation expenses.</p><p><blockquote><b><i>一般及行政开支</i></b><b>.</b>一般及行政费用从2020年第二季度的人民币14亿元增长80.0%至2021年第二季度的人民币26亿元（4亿美元）。该增加主要由于以股份为基础的薪酬开支增加所致。</blockquote></p><p> <b><i>Income from Operations and Non-GAAP Income from Operations.</i></b>Income from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year. Non-GAAP income from operations for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to non-GAAP income from operations of RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020.</p><p><blockquote><b><i>运营收入和非公认会计准则运营收入。</i></b>2021年第二季度营业收入为人民币3.008亿元（4660万美元），而去年同期为人民币50亿元。2021年第二季度非GAAP运营收入为25亿元人民币（4亿美元），而2020年第二季度非GAAP运营收入为56亿元人民币。京东零售2021年第二季度未分配项目前的营业利润率为2.6%，与2020年第二季度相比保持稳定。</blockquote></p><p> <b><i>Non-GAAP EBITDA</i></b>for the second quarter of 2021 was RMB3.7 billion (US$0.6 billion), compared to RMB6.9 billion for the second quarter of 2020.</p><p><blockquote><b><i>非公认会计准则EBITDA</i></b>2021年第二季度为人民币37亿元（6亿美元），而2020年第二季度为人民币69亿元。</blockquote></p><p> <b><i>Share of Results of Equity Investees.</i></b>&nbsp;Share of results of equity investees was an income of RMB522.8 million (US$81.0 million) for the second quarter of 2021, as compared to an income of RMB4.0 billion for the second quarter of 2020. The substantial decrease was primarily due to a one-off dilution gain of RMB4.1 billion recognized upon the IPO of Dada Group during the second quarter of 2020.</p><p><blockquote><b><i>应佔权益被投资方业绩。</i></b>2021年第二季度股权投资公司业绩份额收入为人民币5.228亿元（8100万美元），而2020年第二季度收入为人民币40亿元。大幅减少主要是由于达达集团于2020年第二季度首次公开发售后确认的一次性摊薄收益人民币41亿元。</blockquote></p><p> <b><i>Net IncomeAttributable to Ordinary Shareholdersand Non-GAAP Net IncomeAttributable to Ordinary Shareholders.</i></b>Net income attributable to ordinary shareholders for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year. Non-GAAP net income attributable to ordinary shareholders for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.</p><p><blockquote><b><i>归属于普通股股东的净利润和非公认会计准则归属于普通股股东的净利润。</i></b>2021年第二季度归属于普通股股东的净利润为人民币7.943亿元（1.23亿美元），而去年同期为人民币164亿元。2021年第二季度非公认会计准则归属于普通股股东的净利润为人民币46亿元（7亿美元），而去年同期为人民币59亿元。</blockquote></p><p> <b><i>Diluted EPS and Non-GAAP Diluted EPS.</i></b>Diluted net income per ADS for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020. Non-GAAP diluted net income per ADS for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the second quarter of 2020.</p><p><blockquote><b><i>稀释每股收益和非公认会计准则稀释每股收益。</i></b>2021年第二季度每股美国存托凭证摊薄净利润为人民币0.50元（0.08美元），而2020年第二季度为人民币10.47元。2021年第二季度非公认会计准则摊薄后每股美国存托凭证净利润为人民币2.90元（0.45美元），而2020年第二季度为人民币3.51元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","09618":"京东集团-SW"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167336009","content_text":"Chinese e-commerce platform JD.com Inc on Monday beat analysts' expectations for quarterly revenue, boosted by strong demand for online shopping triggered by the COVID-19 pandemic.\nNet revenue at JD.com rose about 26% to 253.8 billion yuan ($39.14 billion) in the second quarter ended June 30. Analysts had expected revenue of 249.27 billion yuan, according to IBES data from Refinitiv.\nQ2 2021 JD.Com Inc Earnings Conference Call\nSecond Quarter 2021 Highlights\n\nNet revenues for the second quarter of 2021 were RMB253.8 billion (US$139.3 billion), an increase of 26.2% from the second quarter of 2020. Net service revenues for the second quarter of 2021 were RMB34.1 billion (US$5.3 billion), an increase of 49.2% from the second quarter of 2020.\nIncome from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year.Non-GAAP2income from operations for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 20203.\nNet incomeattributable to ordinary shareholders for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year.Non-GAAP net incomeattributable to ordinary shareholders for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.\nDiluted net income per ADS for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020.Non-GAAP diluted net income per ADS for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the same period last year.\nOperating cash flow for the twelve months ended June 30, 2021 increased to RMB38.9 billion (US$6.0 billion) from RMB26.3 billion for the twelve months ended June 30, 2020. Free cash flow, which excludes the impact from JD Baitiao receivables included in the operating cash flow, for the twelve months ended June 30, 2021 increased to RMB31.9 billion (US$4.9 billion), compared to RMB22.7 billion for the twelve months ended June 30, 2020.\nAnnual active customer accounts4 increased by 27.4% to 531.9 million in the twelve months ended June 30, 2021 from 417.4 million in the twelve months ended June 30, 2020.\n\nJD.com shares fell 1.8% in premarket trading.\n\nBusiness Highlights\nEnvironment, Social and Governance\n\nIn response to the severe flooding in the central China province of Henan, JD.com donated over 20 truckloads of rescue supplies and daily necessities dispatched from JD.com’s closest warehouse. Furthermore, JD Health opened a free 24-hour hotline for medical consultation and donated healthcare supplies for disinfection and epidemic prevention. The emergency efforts reflect the company’s longstanding policy of immediately donating goods to disaster areas from the nearest JD.com’s warehouse. JD Retail also assisted merchants in the affected regions through fee relief and additional insurance to accelerate the disaster recovery effort.\nOn June 18, JD.com published its Sustainability Report discussing the company’s achievements from 2018 to 2020 in creating a low-carbon enterprise through environmentally friendly logistics, procurement and facilities. Since 2017, JD.com has been gradually replacing traditional fuel-combustion trucks with new energy vehicles reducing carbon dioxide emissions by more than 120,000 tons each year.\nIn June, JD Logistics and P&G Beauty completed an environmentally friendly soccer field made from recycled plastic bottles at the Nanjing Foreign Language School, representing a milestone for JD.com’s Green Stream Initiative on its 4th anniversary. Last year, P&G Beauty joined JD Logistics’s bottle recycling program as a strategic partner to recycle plastic P&G brand products in Shanghai and Guangzhou. As of June 2021, over 20,000 families have participated in the program.\n\nJD Retail\n\nJD.com’s 618 Grand Promotion reported outstanding results. During the 18-day sale from June 1 to 18, over 236 brands achieved sales of over RMB100 million. Order requests from 92% of districts and counties and 84% of small towns were fulfilled on the same or next day. Omni-channel also played an integral part in the 618 Grand Promotion with over one thousand digital and computer stores supporting on-demand consumption and one-hour delivery service.\nLVMH group expanded its innovative partnerships with JD.com in the second quarter. Leveraging the JD.com mini-app, LVMH’s BVLGARI brand provided customers with a new shopping experience featuring a full suite of products including selected jewelry and watches. This represents the first time BVLGARI has collaborated with a third-party online retailer in its history of 137 years. Berluti, the top luxury menswear fashion house under the LVMH group, also established its first official global flagship store on JD.com during the period.\nSeveral internationally renowned beauty brands recently launched official flagship stores on JD.com including LVMH Group’s Guerlain in early August, as well as LVMH Group’s Givenchy Beauty and Benefit, Estee Lauder Companies’ Estee Lauder, Clinique and Origins, and L’Oreal's Kiehl's in July. The addition of these brands further enriches JD Beauty's high-quality product suite and ensures a best-of-class shopping experience for customers with services provided by JD Logistics.\n\nJD Health\n\nAs an important platform for healthcare brands to expand online sales channels and accelerate digitalization, in the second quarter, JD Health closely cooperated with leading global pharmaceutical companies. JD Health deepened its cooperation with UCB China and became its strategic partner for the distribution of UCB China’s anti-allergic drug Zyrtec (cetirizine hydrochloride tablet and drops). JD Health facilitated the expansion and maintenance of multiple sales channels for Zyrtec including online, offline small and medium sized chain pharmacies as well as individual pharmacies. JD Health also officially launched the AstraZeneca direct sales flagship store, Sanofi direct sales flagship store and other brand stores in order to provide more convenient and professional online and offline integrated healthcare services to patients with chronic diseases.\nIn order to address the need for supply chains for certain special drugs, in the second quarter, JD Health partnered with JD Logistics to establish “cold chain” capabilities covering over 100 cities in 12 provincial-level administrative regions across China. With such capabilities, JD Pharmacy is able to expand its business into special drugs for rare diseases. A number of cold chain products from Eli Lilly and Company, Novartis, Sanofi and other brands became available through JD Pharmacy.\n\nJD Logistics\n\nOn May 28, JD Logistics successfully listed on the Main Board of the Hong Kong Stock Exchange under the stock code “2618”. Net proceeds from this offering, including the over-allotment options, amounted to approximately RMB23.0 billion. After listing in Hong Kong, JD Logistics will continue to focus on developing its integrated supply chain, including upgrading and expanding its six logistics networks, developing advanced technologies to be used in its supply chain solutions and logistics services, expanding the breadth and depth of integrated solutions, improving supply chain efficiency and user experience for customers, and reducing operating costs.\nJD Logistics further strengthened its cross regional highway, railway and air cargo network to enhance its next-morning and next-day delivery service. As of June 30, 2021, JD Logistics had over 1,000 air cargo routes and the ability to utilize over 300 railway routes. During the 618 Grand Promotion, customers enjoyed delivery service within minutes of order placement in over 200 cities in China.\nIn June, JD Logistics and Xiaomi Youpin jointly launched a warehousing and distribution center in Tianjin, upgrading the supply chain cooperation between the two parties. The warehousing center will provide one-stop logistics services including collection, sorting, warehousing, packaging, and distribution, covering all categories of products for its customers.\nAs of June 30, 2021, JD Logistics operated approximately 1,200 warehouses, which covered an aggregate gross floor area of approximately 23 million square meters, including warehouse space of cloud warehouses managed under the JD Logistics Open Warehouse Platform.\n\nOther Highlights\n\nOn June 18, AiHuiShou, a secondhand electronics transactions and services platform, was officially listed on the New York Stock Exchange under the stock ticker “RERE”. JD.com’s ownership ratio was approximately 33.4% after listing. According to the partnership agreement signed between JD.com and AiHuiShou, the two companies will cooperate in the areas of user traffic, marketing, R&D, sales and channel commissions, supply chain and logistics, customer service and after-sales service.\n\nOperational Metrics Update\n\nAs of June 30, 2021, JD.com had over 320,000 employees, excluding part-time and interns.\n\nSecond Quarter 2021 Financial Results\nNet Revenues. For the second quarter of 2021, JD.com reported net revenues of RMB253.8 billion (US$39.3 billion), representing a 26.2% increase from the same period in 2020. Net product revenues increased by 23.3%, while net service revenues increased by 49.2% for the second quarter of 2021, as compared to the same period of 2020.\nCost of Revenues.Cost of revenues increased by 28.8% to RMB222.1 billion (US$34.4 billion) for the second quarter of 2021 from RMB172.4 billion for the second quarter of 2020.\nFulfillment Expenses.Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 22.5% to RMB14.6 billion (US$2.3 billion) for the second quarter of 2021 from RMB12.0 billion for the second quarter of 2020. Fulfillment expenses as a percentage of net revenues was 5.8% for the second quarter of 2021, compared to 5.9% for the same period last year.\nMarketing Expenses.Marketing expenses increased by 56.0% to RMB10.6 billion (US$1.6 billion) for the second quarter of 2021 from RMB6.8 billion for the second quarter of 2020.\nResearch and Development Expenses.Research and development expenses was RMB3.7 billion (US$0.6 billion) for the second quarter of 2021, as compared to RMB3.6 billion for the second quarter of 2020.\nGeneral and Administrative Expenses. General and administrative expenses increased by 80.0% to RMB2.6 billion (US$0.4 billion) for the second quarter of 2021 from RMB1.4 billion for the second quarter of 2020. The increase was primarily due to the increase in share-based compensation expenses.\nIncome from Operations and Non-GAAP Income from Operations.Income from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year. Non-GAAP income from operations for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to non-GAAP income from operations of RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020.\nNon-GAAP EBITDAfor the second quarter of 2021 was RMB3.7 billion (US$0.6 billion), compared to RMB6.9 billion for the second quarter of 2020.\nShare of Results of Equity Investees. Share of results of equity investees was an income of RMB522.8 million (US$81.0 million) for the second quarter of 2021, as compared to an income of RMB4.0 billion for the second quarter of 2020. The substantial decrease was primarily due to a one-off dilution gain of RMB4.1 billion recognized upon the IPO of Dada Group during the second quarter of 2020.\nNet IncomeAttributable to Ordinary Shareholdersand Non-GAAP Net IncomeAttributable to Ordinary Shareholders.Net income attributable to ordinary shareholders for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year. Non-GAAP net income attributable to ordinary shareholders for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.\nDiluted EPS and Non-GAAP Diluted EPS.Diluted net income per ADS for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020. Non-GAAP diluted net income per ADS for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the second quarter of 2020.","news_type":1,"symbols_score_info":{"09618":0.9,"JD":0.9}},"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835980413,"gmtCreate":1629684031732,"gmtModify":1633683235883,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/835980413","repostId":"1179631278","repostType":4,"repost":{"id":"1179631278","kind":"news","pubTimestamp":1629683533,"share":"https://www.laohu8.com/m/news/1179631278?lang=zh_CN&edition=full","pubTime":"2021-08-23 09:52","market":"us","language":"en","title":"This OTC Toy Stock Has Outperformed Hasbro And Mattel In The Last 5 Years Thanks To Paw Patrol<blockquote>得益于Paw Patrol，这只OTC玩具股票在过去5年中的表现优于孩之宝和美泰</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179631278","media":"Benzinga","summary":"The two best known toy companies in the U.S. are Hasbro Inc and Mattel Inc. Both toy companies have ","content":"<p><div> The two best known toy companies in the U.S. are Hasbro Inc and Mattel Inc. Both toy companies have struggled with their share price over the last five years with Hasbro shares up 19% and Mattel ...</p><p><blockquote><div>美国最著名的两家玩具公司是孩之宝公司和美泰公司。在过去的五年里，这两家玩具公司的股价都在苦苦挣扎，孩之宝的股价上涨了19%，美泰的股价上涨了19%...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This OTC Toy Stock Has Outperformed Hasbro And Mattel In The Last 5 Years Thanks To Paw Patrol<blockquote>得益于Paw Patrol，这只OTC玩具股票在过去5年中的表现优于孩之宝和美泰</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis OTC Toy Stock Has Outperformed Hasbro And Mattel In The Last 5 Years Thanks To Paw Patrol<blockquote>得益于Paw Patrol，这只OTC玩具股票在过去5年中的表现优于孩之宝和美泰</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-08-23 09:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> The two best known toy companies in the U.S. are Hasbro Inc and Mattel Inc. Both toy companies have struggled with their share price over the last five years with Hasbro shares up 19% and Mattel ...</p><p><blockquote><div>美国最著名的两家玩具公司是孩之宝公司和美泰公司。在过去的五年里，这两家玩具公司的股价都在苦苦挣扎，孩之宝的股价上涨了19%，美泰的股价上涨了19%...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">Benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNMSF":"SPIN MASTER CORP","HAS":"孩之宝","MAT":"美国美泰公司"},"source_url":"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179631278","content_text":"The two best known toy companies in the U.S. are Hasbro Inc and Mattel Inc. Both toy companies have struggled with their share price over the last five years with Hasbro shares up 19% and Mattel shares down 35%. A smaller Canadian toy company has had a better return over the last five year and owes most of its success to the hit “Paw Patrol” franchise.\nWhat Happened:In 2013, “Paw Patrol” was introduced by Spin Master Corp to children and quickly became a hit around the world including on Nickelodeon, a segment of ViacomCBS Inc .\nThere have been over 180 episodes of “Paw Patrol” and several spin-off series launched by Spin Master over the course of eight seasons. A theatrical animated movie was launched this last week.\n“Paw Patrol: The Movie” grossed $13 million domestically over the weekend while also premiering on Paramount+ for free to subscribers. The movie was produced by Spin Master and received an A- rating from CinemaScore.\n“Paw Patrol: The Movie” grossed $12.8 million in 33 international markets over the weekend and has a foreign box office total of $21.5 million since its release. The movie has grossed a total of $34.5 million worldwide.\nWhy It’s Important:Spin Master had its IPO in 2015 and saw shares rise as “Paw Patrol” became a hit as one of the top kids’ shows and toy brands.\nShares of Spin Master Corp are up 70% over the last five years on the OTC, outperforming rivals Hasbro and Mattel. Spin Master shares also trade on the Toronto Stock Exchange under the ticker TOY.\nPaw Patrol was named the top new toy brand by the NPD Group in 2015 and has been one of the most profitable brands for Spin Master.\nOther Spin Master brands include Bakugan, Hatchimals, Rubik’s Cube and Mighty Express, a show airing on Netflix Inc .\nSpin Master reported record profitability in the second quarter and saw revenue up 39% to $390.8 million.\n“We are well positioned for the second half with an amazing toy line up, growth in our digital games franchises and the highly-anticipated release of Paw Patrol: The Movie, our first foray into feature films,” Spin Master CEO Max Rangel said.\nA new line of toys based on the movie was released by retailers in early August with over 30 products featured across vehicles, playsets, figures and plush categories.\nThe success of Paw Patrol could be in the early innings with Spin Master betting heavily on the brand going forward.\nA Marchpresentationlisted Paw Patrol getting a franchise expansion in 2023 and three new themes in 2022. Paw Patrol will celebrate its 10 year anniversary in 2023 and will be featured heavily by the company.","news_type":1,"symbols_score_info":{"VIAC":0.9,"HAS":0.9,"MAT":0.9,"SNMSF":0.9}},"isVote":1,"tweetType":1,"viewCount":606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838461409,"gmtCreate":1629424361601,"gmtModify":1633684934643,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Like this analysis. Too big to fail. But expect aslow climb","listText":"Like this analysis. Too big to fail. But expect aslow climb","text":"Like this analysis. Too big to fail. But expect aslow climb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838461409","repostId":"1133933019","repostType":4,"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838484292,"gmtCreate":1629424175516,"gmtModify":1631883691256,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>Almost there $1","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>Almost there $1","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$Almost there $1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838484292","isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838323265,"gmtCreate":1629376166557,"gmtModify":1633685328347,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Will be even cheaper if the downtrend continues for this week….","listText":"Will be even cheaper if the downtrend continues for this week….","text":"Will be even cheaper if the downtrend continues for this week….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838323265","repostId":"1152703663","repostType":4,"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833411664,"gmtCreate":1629254742558,"gmtModify":1633686182784,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Price maybe too high now","listText":"Price maybe too high now","text":"Price maybe too high now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833411664","repostId":"1174691535","repostType":4,"isVote":1,"tweetType":1,"viewCount":526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833434728,"gmtCreate":1629254453364,"gmtModify":1633686185688,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Very good info. Many Salesforce is widely used by leading coy. Worth to consider.","listText":"Very good info. Many Salesforce is widely used by leading coy. Worth to consider.","text":"Very good info. Many Salesforce is widely used by leading coy. Worth to consider.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833434728","repostId":"2160062252","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899226469,"gmtCreate":1628202543651,"gmtModify":1633752775838,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899226469","repostId":"1105489937","repostType":4,"repost":{"id":"1105489937","kind":"news","pubTimestamp":1628155377,"share":"https://www.laohu8.com/m/news/1105489937?lang=zh_CN&edition=full","pubTime":"2021-08-05 17:22","market":"us","language":"en","title":"Goldman's Top 13 Charts For The Month Of August<blockquote>高盛8月份前13名图表</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105489937","media":"zerohedge","summary":"The start of a new month means that Goldman's flow traders need a new set of exciting ideas and trad","content":"<p>The start of a new month means that Goldman's flow traders need a new set of exciting ideas and trades to dangle before their clients, and that's just what Goldman traders Scott Rubner, Matthew Fleury, Matthieu Martal , Kavita Vaja, and Jonas Bovbjerg are doing by putting together the following 13 charts that capture some of the best ideas and trade recos emerging from the world's most powerful trading desk.</p><p><blockquote>新的一个月的开始意味着高盛的流量交易员需要一套新的令人兴奋的想法和交易摆在他们的客户面前，这正是高盛交易员Scott Rubner、Matthew Fleury、Matthieu Martal、Kavita Vaja和Jonas Bovbjerg正在做的事情，他们将以下13张图表放在一起，捕捉了来自世界上最强大的交易台的一些最佳想法和交易记录。</blockquote></p><p> <b>1. \"If you are a stock picker watching earnings prints you are likely fully engaged this week.</b>This week will be peak liquidity for the rest of the summer. Vacation or extended vacation schedules officially kick off next week after earnings season. As we sit right now. Liquidity is at the highs into a busy week\"</p><p><blockquote><b>1.“如果您是一名关注财报的选股者，本周您可能会全神贯注。</b>本周将是夏季剩余时间的流动性高峰。假期或延长假期计划将于下周财报季后正式开始。就像我们现在坐的那样。流动性处于高位，进入繁忙的一周”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7085a22959ed7e6fdb8e3dfe125c1d20\" tg-width=\"650\" tg-height=\"450\" referrerpolicy=\"no-referrer\"><b>2. \"I think equities would be fine with higher yields</b>- the negative correlation of SPX &amp; NDX with the 30yr has turned positive again. Higher yields are much less of a problem than they were earlier this year\"</p><p><blockquote><b>2.“我认为股票收益率较高会很好</b>-SPX和NDX与30年期的负相关性再次转为正相关性。与今年早些时候相比，较高的收益率问题要小得多”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5e5c5950acc89489fb308d300c3dc20f\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>3.</b>\"<b>China Regulation:</b>&nbsp;As the regulatory pressure on China's leading offshore internet &amp; education firms has increased in recent weeks, tech hardware companies listed onshore have outperformed the Chinese market. With the broader Chinese economy still in a growth phase (with Chinese equities historically displaying 22% return over 15months, entirely driven by earnings re-rating), and earnings revisions outside of the internet sector higher year to date (MSCI China ex Internet EPS up +5% vs China Internet EPS down -22% YTD), this basket is designed to benefit from the expansion of China's high tech manufacturing capabilities. For the first time in 5 years we have seen a meaningful divergence between HK and China listed Tech. ADRs have consistently underperformed.\"</p><p><blockquote><b>3.</b>\"<b>中国法规：</b>最近几周，随着中国领先的离岸互联网和教育公司面临的监管压力加大，在境内上市的科技硬件公司的表现优于中国市场。由于更广泛的中国经济仍处于增长阶段（中国股市在15个月内的回报率为22%，完全是由盈利重新评级推动的），以及今年迄今为止互联网行业以外的盈利修正较高（MSCI中国除外互联网每股收益上涨+5%，而中国互联网每股收益年初至今下降-22%），该篮子旨在受益于中国高科技制造能力的扩张。五年来，我们首次看到香港和中国上市科技公司之间存在显着差异。美国存托凭证的表现一直不佳。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9b5efa9b164299c0081319274ad88464\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>4. Implied dispersion levels have structurally reset higher over the past 5Y in Europe &amp; US.</b></p><p><blockquote><b>4.在过去的5年里，欧洲和美国的隐含离差水平结构性地重置为更高。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dd483873504d2edb4cce8ab9f3dca03\" tg-width=\"594\" tg-height=\"440\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>5. Dispersion performance has been stable due to rising realized levels over the same period</b></p><p><blockquote><b>5.由于同期实现水平上升，分散性能一直稳定</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dd483873504d2edb4cce8ab9f3dca03\" tg-width=\"594\" tg-height=\"440\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>6. SX5E 1Y Vega neutral dispersion offered defensives properties in GFC &amp; COVID due to realized volatility spikes.</b></p><p><blockquote><b>6.由于实现了波动性峰值，SX5E 1Y Vega中性分散体在GFC和COVID中提供了防御特性。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/828358d146ae81f8416d3e6260df9471\" tg-width=\"606\" tg-height=\"434\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>7. Index implied volatility has reset sharply lower pre- and post-COVID,</b>which has contributed to rising implied entry levels for dispersion. However, the compression of index realized volatility since the US elections has maintained stable dispersion performance from the index leg. SX5E 1Y Dispersion performance has been stable due to contribution from both index and single-stock legs.</p><p><blockquote><b>7.指数隐含波动率在新冠疫情前后大幅降低，</b>这导致了离散的隐含进入水平的上升。然而，自美国大选以来指数已实现波动率的压缩使指数腿保持了稳定的分散表现。由于指数和个股的贡献，SX5E 1Y分散表现一直稳定。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f79d93d1babf3fbcd8240888633b008f\" tg-width=\"600\" tg-height=\"438\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>8. The fall in index implied volatility in recent years can be partly explained by the sharp fall in index implied correlation levels as well as falling demand for upside call options in European equities.</b>Market-implied average single-stock correlation shows that whilst index implied volatility has fallen since 2015 and again post-COVID, driving the implied dispersion entry level higher, this has coincided with a sharp fall in implied correlation levels over the same period. Therefore, dispersion strategies which sell expensive implied correlation have continued to perform well despite higher implied dispersion entry levels. SX5E 1Y implied correlation has fallen more than index implied volatility levels.</p><p><blockquote><b>8.近年来指数隐含波动率下降的部分原因是指数隐含相关性水平急剧下降，以及欧洲股票对上行看涨期权期权的需求下降。</b>市场隐含平均个股相关性显示，虽然指数隐含波动率自2015年以来下降，并在COVID后再次下降，推动隐含离差进入水平上升，但这与同期隐含相关性水平急剧下降相吻合。因此，尽管隐含离差进入水平较高，但出售昂贵的隐含相关性的离差策略继续表现良好。SX5E 1Y隐含相关性的跌幅超过了指数隐含波动率水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6c4e4fd3d5c2103c572126ee034d92ee\" tg-width=\"600\" tg-height=\"435\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>9. Correlation of returns on t vs t-1 is deeply negative in SX5E</b></p><p><blockquote><b>9.在SX5E中，t与t-1的回报相关性非常负</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/999e9e1449cc5df8c196025b2f68b08b\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> <b>10. Despite the spread trading off the lower values during the post-Mar20 period, it remains at historical lows (18th percentile vs. past 5y).</b>The recent pick up in realized spread should support the forward vol level as we roll into the spot spread. Term-structure roll is favorable due to the steepness of the SPX term structure (~0.5v positive carry over the next 3m, everything else remaining equal). The spot spread gets delivered in December at extreme lows, &gt;3v below current 6m realized.</p><p><blockquote><b>10.尽管利差在2020年3月后期间脱离了较低的值，但仍处于历史低点（第18个百分点与过去5年相比）。</b>随着我们进入现货价差，最近已实现价差的回升应该会支撑远期成交量水平。由于SPX期限结构的陡度（在接下来的3m上约0.5 V正进位，其他条件保持不变），期限结构滚动是有利的。现货价差在12月份以极低的价格交付，比当前实现的6m低3v以上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9641a36f2830851d562be4216ceea61e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>11. Significant roll-up in the SX5E-SPX spread</b></p><p><blockquote><b>11.SX5E-SPX价差大幅上涨</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e03effca5987dae6fb8b74a564e750e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>12. Realized correlation between broader market vs. Momentum vs. EU Cyclicals/Defensives</b></p><p><blockquote><b>12.大盘与动量与欧盟周期性/防御性之间已实现的相关性</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e03effca5987dae6fb8b74a564e750e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>13. VOW3 term structure has materially flattened over the past year</b>(<b>red</b>&nbsp;vs.<b>grey</b>), driven by a combination of call overwriting in the front-end and more recently, long-dated upside options buyers. Implied volatility has also recently reset lower across the curve (<b>red</b>&nbsp;vs.<b>navy</b>) and the skew is flat/call skew is inverted. Therefore, consider owning long-dated upside call spreads which offer a high max. payout ratio (chart 4,<b>navy</b>) where you sell a call 3v higher (<b>grey</b>) than where you buy a call.</p><p><blockquote><b>13.VOW3期限结构在过去一年中基本持平</b>(<b>红色</b>vs.<b>灰色</b>），受到前端看涨期权覆盖和最近长期上行期权买家的共同推动。隐含波动率最近也在曲线上重置较低（<b>红色</b>vs.<b>海军</b>)并且偏斜是平的/看涨期权偏斜是反的。因此，考虑持有长期上行看涨期权利差，它提供了很高的最大派息率（图4，<b>海军</b>)哪里有卖看涨期权3v高的(<b>灰色</b>）比您购买看涨期权的地方还要多。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/daaa03296f95fab3243b899b370370c0\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman's Top 13 Charts For The Month Of August<blockquote>高盛8月份前13名图表</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman's Top 13 Charts For The Month Of August<blockquote>高盛8月份前13名图表</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-08-05 17:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The start of a new month means that Goldman's flow traders need a new set of exciting ideas and trades to dangle before their clients, and that's just what Goldman traders Scott Rubner, Matthew Fleury, Matthieu Martal , Kavita Vaja, and Jonas Bovbjerg are doing by putting together the following 13 charts that capture some of the best ideas and trade recos emerging from the world's most powerful trading desk.</p><p><blockquote>新的一个月的开始意味着高盛的流量交易员需要一套新的令人兴奋的想法和交易摆在他们的客户面前，这正是高盛交易员Scott Rubner、Matthew Fleury、Matthieu Martal、Kavita Vaja和Jonas Bovbjerg正在做的事情，他们将以下13张图表放在一起，捕捉了来自世界上最强大的交易台的一些最佳想法和交易记录。</blockquote></p><p> <b>1. \"If you are a stock picker watching earnings prints you are likely fully engaged this week.</b>This week will be peak liquidity for the rest of the summer. Vacation or extended vacation schedules officially kick off next week after earnings season. As we sit right now. Liquidity is at the highs into a busy week\"</p><p><blockquote><b>1.“如果您是一名关注财报的选股者，本周您可能会全神贯注。</b>本周将是夏季剩余时间的流动性高峰。假期或延长假期计划将于下周财报季后正式开始。就像我们现在坐的那样。流动性处于高位，进入繁忙的一周”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7085a22959ed7e6fdb8e3dfe125c1d20\" tg-width=\"650\" tg-height=\"450\" referrerpolicy=\"no-referrer\"><b>2. \"I think equities would be fine with higher yields</b>- the negative correlation of SPX &amp; NDX with the 30yr has turned positive again. Higher yields are much less of a problem than they were earlier this year\"</p><p><blockquote><b>2.“我认为股票收益率较高会很好</b>-SPX和NDX与30年期的负相关性再次转为正相关性。与今年早些时候相比，较高的收益率问题要小得多”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5e5c5950acc89489fb308d300c3dc20f\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>3.</b>\"<b>China Regulation:</b>&nbsp;As the regulatory pressure on China's leading offshore internet &amp; education firms has increased in recent weeks, tech hardware companies listed onshore have outperformed the Chinese market. With the broader Chinese economy still in a growth phase (with Chinese equities historically displaying 22% return over 15months, entirely driven by earnings re-rating), and earnings revisions outside of the internet sector higher year to date (MSCI China ex Internet EPS up +5% vs China Internet EPS down -22% YTD), this basket is designed to benefit from the expansion of China's high tech manufacturing capabilities. For the first time in 5 years we have seen a meaningful divergence between HK and China listed Tech. ADRs have consistently underperformed.\"</p><p><blockquote><b>3.</b>\"<b>中国法规：</b>最近几周，随着中国领先的离岸互联网和教育公司面临的监管压力加大，在境内上市的科技硬件公司的表现优于中国市场。由于更广泛的中国经济仍处于增长阶段（中国股市在15个月内的回报率为22%，完全是由盈利重新评级推动的），以及今年迄今为止互联网行业以外的盈利修正较高（MSCI中国除外互联网每股收益上涨+5%，而中国互联网每股收益年初至今下降-22%），该篮子旨在受益于中国高科技制造能力的扩张。五年来，我们首次看到香港和中国上市科技公司之间存在显着差异。美国存托凭证的表现一直不佳。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9b5efa9b164299c0081319274ad88464\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>4. Implied dispersion levels have structurally reset higher over the past 5Y in Europe &amp; US.</b></p><p><blockquote><b>4.在过去的5年里，欧洲和美国的隐含离差水平结构性地重置为更高。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dd483873504d2edb4cce8ab9f3dca03\" tg-width=\"594\" tg-height=\"440\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>5. Dispersion performance has been stable due to rising realized levels over the same period</b></p><p><blockquote><b>5.由于同期实现水平上升，分散性能一直稳定</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dd483873504d2edb4cce8ab9f3dca03\" tg-width=\"594\" tg-height=\"440\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>6. SX5E 1Y Vega neutral dispersion offered defensives properties in GFC &amp; COVID due to realized volatility spikes.</b></p><p><blockquote><b>6.由于实现了波动性峰值，SX5E 1Y Vega中性分散体在GFC和COVID中提供了防御特性。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/828358d146ae81f8416d3e6260df9471\" tg-width=\"606\" tg-height=\"434\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>7. Index implied volatility has reset sharply lower pre- and post-COVID,</b>which has contributed to rising implied entry levels for dispersion. However, the compression of index realized volatility since the US elections has maintained stable dispersion performance from the index leg. SX5E 1Y Dispersion performance has been stable due to contribution from both index and single-stock legs.</p><p><blockquote><b>7.指数隐含波动率在新冠疫情前后大幅降低，</b>这导致了离散的隐含进入水平的上升。然而，自美国大选以来指数已实现波动率的压缩使指数腿保持了稳定的分散表现。由于指数和个股的贡献，SX5E 1Y分散表现一直稳定。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f79d93d1babf3fbcd8240888633b008f\" tg-width=\"600\" tg-height=\"438\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>8. The fall in index implied volatility in recent years can be partly explained by the sharp fall in index implied correlation levels as well as falling demand for upside call options in European equities.</b>Market-implied average single-stock correlation shows that whilst index implied volatility has fallen since 2015 and again post-COVID, driving the implied dispersion entry level higher, this has coincided with a sharp fall in implied correlation levels over the same period. Therefore, dispersion strategies which sell expensive implied correlation have continued to perform well despite higher implied dispersion entry levels. SX5E 1Y implied correlation has fallen more than index implied volatility levels.</p><p><blockquote><b>8.近年来指数隐含波动率下降的部分原因是指数隐含相关性水平急剧下降，以及欧洲股票对上行看涨期权期权的需求下降。</b>市场隐含平均个股相关性显示，虽然指数隐含波动率自2015年以来下降，并在COVID后再次下降，推动隐含离差进入水平上升，但这与同期隐含相关性水平急剧下降相吻合。因此，尽管隐含离差进入水平较高，但出售昂贵的隐含相关性的离差策略继续表现良好。SX5E 1Y隐含相关性的跌幅超过了指数隐含波动率水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6c4e4fd3d5c2103c572126ee034d92ee\" tg-width=\"600\" tg-height=\"435\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>9. Correlation of returns on t vs t-1 is deeply negative in SX5E</b></p><p><blockquote><b>9.在SX5E中，t与t-1的回报相关性非常负</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/999e9e1449cc5df8c196025b2f68b08b\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> <b>10. Despite the spread trading off the lower values during the post-Mar20 period, it remains at historical lows (18th percentile vs. past 5y).</b>The recent pick up in realized spread should support the forward vol level as we roll into the spot spread. Term-structure roll is favorable due to the steepness of the SPX term structure (~0.5v positive carry over the next 3m, everything else remaining equal). The spot spread gets delivered in December at extreme lows, &gt;3v below current 6m realized.</p><p><blockquote><b>10.尽管利差在2020年3月后期间脱离了较低的值，但仍处于历史低点（第18个百分点与过去5年相比）。</b>随着我们进入现货价差，最近已实现价差的回升应该会支撑远期成交量水平。由于SPX期限结构的陡度（在接下来的3m上约0.5 V正进位，其他条件保持不变），期限结构滚动是有利的。现货价差在12月份以极低的价格交付，比当前实现的6m低3v以上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9641a36f2830851d562be4216ceea61e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>11. Significant roll-up in the SX5E-SPX spread</b></p><p><blockquote><b>11.SX5E-SPX价差大幅上涨</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e03effca5987dae6fb8b74a564e750e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>12. Realized correlation between broader market vs. Momentum vs. EU Cyclicals/Defensives</b></p><p><blockquote><b>12.大盘与动量与欧盟周期性/防御性之间已实现的相关性</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e03effca5987dae6fb8b74a564e750e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>13. VOW3 term structure has materially flattened over the past year</b>(<b>red</b>&nbsp;vs.<b>grey</b>), driven by a combination of call overwriting in the front-end and more recently, long-dated upside options buyers. Implied volatility has also recently reset lower across the curve (<b>red</b>&nbsp;vs.<b>navy</b>) and the skew is flat/call skew is inverted. Therefore, consider owning long-dated upside call spreads which offer a high max. payout ratio (chart 4,<b>navy</b>) where you sell a call 3v higher (<b>grey</b>) than where you buy a call.</p><p><blockquote><b>13.VOW3期限结构在过去一年中基本持平</b>(<b>红色</b>vs.<b>灰色</b>），受到前端看涨期权覆盖和最近长期上行期权买家的共同推动。隐含波动率最近也在曲线上重置较低（<b>红色</b>vs.<b>海军</b>)并且偏斜是平的/看涨期权偏斜是反的。因此，考虑持有长期上行看涨期权利差，它提供了很高的最大派息率（图4，<b>海军</b>)哪里有卖看涨期权3v高的(<b>灰色</b>）比您购买看涨期权的地方还要多。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/daaa03296f95fab3243b899b370370c0\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/goldmans-top-13-charts-month-august\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/goldmans-top-13-charts-month-august","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105489937","content_text":"The start of a new month means that Goldman's flow traders need a new set of exciting ideas and trades to dangle before their clients, and that's just what Goldman traders Scott Rubner, Matthew Fleury, Matthieu Martal , Kavita Vaja, and Jonas Bovbjerg are doing by putting together the following 13 charts that capture some of the best ideas and trade recos emerging from the world's most powerful trading desk.\n1. \"If you are a stock picker watching earnings prints you are likely fully engaged this week.This week will be peak liquidity for the rest of the summer. Vacation or extended vacation schedules officially kick off next week after earnings season. As we sit right now. Liquidity is at the highs into a busy week\"\n2. \"I think equities would be fine with higher yields- the negative correlation of SPX & NDX with the 30yr has turned positive again. Higher yields are much less of a problem than they were earlier this year\"\n\n3.\"China Regulation: As the regulatory pressure on China's leading offshore internet & education firms has increased in recent weeks, tech hardware companies listed onshore have outperformed the Chinese market. With the broader Chinese economy still in a growth phase (with Chinese equities historically displaying 22% return over 15months, entirely driven by earnings re-rating), and earnings revisions outside of the internet sector higher year to date (MSCI China ex Internet EPS up +5% vs China Internet EPS down -22% YTD), this basket is designed to benefit from the expansion of China's high tech manufacturing capabilities. For the first time in 5 years we have seen a meaningful divergence between HK and China listed Tech. ADRs have consistently underperformed.\"\n\n4. Implied dispersion levels have structurally reset higher over the past 5Y in Europe & US.\n\n5. Dispersion performance has been stable due to rising realized levels over the same period\n\n6. SX5E 1Y Vega neutral dispersion offered defensives properties in GFC & COVID due to realized volatility spikes.\n\n7. Index implied volatility has reset sharply lower pre- and post-COVID,which has contributed to rising implied entry levels for dispersion. However, the compression of index realized volatility since the US elections has maintained stable dispersion performance from the index leg. SX5E 1Y Dispersion performance has been stable due to contribution from both index and single-stock legs.\n\n8. The fall in index implied volatility in recent years can be partly explained by the sharp fall in index implied correlation levels as well as falling demand for upside call options in European equities.Market-implied average single-stock correlation shows that whilst index implied volatility has fallen since 2015 and again post-COVID, driving the implied dispersion entry level higher, this has coincided with a sharp fall in implied correlation levels over the same period. Therefore, dispersion strategies which sell expensive implied correlation have continued to perform well despite higher implied dispersion entry levels. SX5E 1Y implied correlation has fallen more than index implied volatility levels.\n\n9. Correlation of returns on t vs t-1 is deeply negative in SX5E\n\n10. Despite the spread trading off the lower values during the post-Mar20 period, it remains at historical lows (18th percentile vs. past 5y).The recent pick up in realized spread should support the forward vol level as we roll into the spot spread. Term-structure roll is favorable due to the steepness of the SPX term structure (~0.5v positive carry over the next 3m, everything else remaining equal). The spot spread gets delivered in December at extreme lows, >3v below current 6m realized.\n\n11. Significant roll-up in the SX5E-SPX spread\n\n12. Realized correlation between broader market vs. Momentum vs. EU Cyclicals/Defensives\n\n13. VOW3 term structure has materially flattened over the past year(red vs.grey), driven by a combination of call overwriting in the front-end and more recently, long-dated upside options buyers. Implied volatility has also recently reset lower across the curve (red vs.navy) and the skew is flat/call skew is inverted. Therefore, consider owning long-dated upside call spreads which offer a high max. payout ratio (chart 4,navy) where you sell a call 3v higher (grey) than where you buy a call.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,"SPY":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":835980413,"gmtCreate":1629684031732,"gmtModify":1633683235883,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/835980413","repostId":"1179631278","repostType":4,"repost":{"id":"1179631278","kind":"news","pubTimestamp":1629683533,"share":"https://www.laohu8.com/m/news/1179631278?lang=zh_CN&edition=full","pubTime":"2021-08-23 09:52","market":"us","language":"en","title":"This OTC Toy Stock Has Outperformed Hasbro And Mattel In The Last 5 Years Thanks To Paw Patrol<blockquote>得益于Paw Patrol，这只OTC玩具股票在过去5年中的表现优于孩之宝和美泰</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179631278","media":"Benzinga","summary":"The two best known toy companies in the U.S. are Hasbro Inc and Mattel Inc. Both toy companies have ","content":"<p><div> The two best known toy companies in the U.S. are Hasbro Inc and Mattel Inc. Both toy companies have struggled with their share price over the last five years with Hasbro shares up 19% and Mattel ...</p><p><blockquote><div>美国最著名的两家玩具公司是孩之宝公司和美泰公司。在过去的五年里，这两家玩具公司的股价都在苦苦挣扎，孩之宝的股价上涨了19%，美泰的股价上涨了19%...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This OTC Toy Stock Has Outperformed Hasbro And Mattel In The Last 5 Years Thanks To Paw Patrol<blockquote>得益于Paw Patrol，这只OTC玩具股票在过去5年中的表现优于孩之宝和美泰</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis OTC Toy Stock Has Outperformed Hasbro And Mattel In The Last 5 Years Thanks To Paw Patrol<blockquote>得益于Paw Patrol，这只OTC玩具股票在过去5年中的表现优于孩之宝和美泰</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-08-23 09:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> The two best known toy companies in the U.S. are Hasbro Inc and Mattel Inc. Both toy companies have struggled with their share price over the last five years with Hasbro shares up 19% and Mattel ...</p><p><blockquote><div>美国最著名的两家玩具公司是孩之宝公司和美泰公司。在过去的五年里，这两家玩具公司的股价都在苦苦挣扎，孩之宝的股价上涨了19%，美泰的股价上涨了19%...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol\">Benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNMSF":"SPIN MASTER CORP","HAS":"孩之宝","MAT":"美国美泰公司"},"source_url":"https://www.benzinga.com/news/21/08/22608702/this-otc-toy-stock-has-outperformed-hasbro-and-mattel-in-the-last-5-years-thanks-to-paw-patrol","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179631278","content_text":"The two best known toy companies in the U.S. are Hasbro Inc and Mattel Inc. Both toy companies have struggled with their share price over the last five years with Hasbro shares up 19% and Mattel shares down 35%. A smaller Canadian toy company has had a better return over the last five year and owes most of its success to the hit “Paw Patrol” franchise.\nWhat Happened:In 2013, “Paw Patrol” was introduced by Spin Master Corp to children and quickly became a hit around the world including on Nickelodeon, a segment of ViacomCBS Inc .\nThere have been over 180 episodes of “Paw Patrol” and several spin-off series launched by Spin Master over the course of eight seasons. A theatrical animated movie was launched this last week.\n“Paw Patrol: The Movie” grossed $13 million domestically over the weekend while also premiering on Paramount+ for free to subscribers. The movie was produced by Spin Master and received an A- rating from CinemaScore.\n“Paw Patrol: The Movie” grossed $12.8 million in 33 international markets over the weekend and has a foreign box office total of $21.5 million since its release. The movie has grossed a total of $34.5 million worldwide.\nWhy It’s Important:Spin Master had its IPO in 2015 and saw shares rise as “Paw Patrol” became a hit as one of the top kids’ shows and toy brands.\nShares of Spin Master Corp are up 70% over the last five years on the OTC, outperforming rivals Hasbro and Mattel. Spin Master shares also trade on the Toronto Stock Exchange under the ticker TOY.\nPaw Patrol was named the top new toy brand by the NPD Group in 2015 and has been one of the most profitable brands for Spin Master.\nOther Spin Master brands include Bakugan, Hatchimals, Rubik’s Cube and Mighty Express, a show airing on Netflix Inc .\nSpin Master reported record profitability in the second quarter and saw revenue up 39% to $390.8 million.\n“We are well positioned for the second half with an amazing toy line up, growth in our digital games franchises and the highly-anticipated release of Paw Patrol: The Movie, our first foray into feature films,” Spin Master CEO Max Rangel said.\nA new line of toys based on the movie was released by retailers in early August with over 30 products featured across vehicles, playsets, figures and plush categories.\nThe success of Paw Patrol could be in the early innings with Spin Master betting heavily on the brand going forward.\nA Marchpresentationlisted Paw Patrol getting a franchise expansion in 2023 and three new themes in 2022. Paw Patrol will celebrate its 10 year anniversary in 2023 and will be featured heavily by the company.","news_type":1,"symbols_score_info":{"VIAC":0.9,"HAS":0.9,"MAT":0.9,"SNMSF":0.9}},"isVote":1,"tweetType":1,"viewCount":606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837966248,"gmtCreate":1629853014884,"gmtModify":1633681967897,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Good recommendations&nbsp;","listText":"Good recommendations&nbsp;","text":"Good recommendations","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837966248","repostId":"1136078272","repostType":4,"repost":{"id":"1136078272","kind":"news","pubTimestamp":1629797703,"share":"https://www.laohu8.com/m/news/1136078272?lang=zh_CN&edition=full","pubTime":"2021-08-24 17:35","market":"us","language":"en","title":"Here Are the 10 Cheapest Stocks in the S&P 500<blockquote>以下是标普500中最便宜的10只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136078272","media":"Barrons","summary":"There are still plenty of cheap stocks, even with the major indexes near record highs.\nBarron’s scre","content":"<p>There are still plenty of cheap stocks, even with the major indexes near record highs.</p><p><blockquote>即使主要股指接近历史新高，仍然有大量廉价股票。</blockquote></p><p> Barron’s screened the S&amp;P 500 index and identified the 10 stocks with the lowest price-to-earnings ratios using 2022 profit projections, based on FactSet data.</p><p><blockquote>《巴伦周刊》根据FactSet数据筛选了标普500指数，并利用2022年利润预测确定了市盈率最低的10只股票。</blockquote></p><p> The 10 least expensive companies include memory-chip makers Micron Technology (ticker: MU) and&nbsp;Western Digital(WDC), chemical producer&nbsp;LyondellBasell Industries(LYB), and life insurer&nbsp;Lincoln National(LNC). Nine of the 10 have P/E ratios below six. Lyondell has the highest multiple in the group, at 6.5 times estimated 2022 earnings.</p><p><blockquote>成本最低的10家公司包括存储芯片制造商美光科技（股票代码：MU）和西部数据（WDC）、化学品生产商利安德巴塞尔工业公司（LYB）和人寿保险公司林肯国民公司（LNC）。10家公司中有9家的市盈率低于6。利安德的市盈率是该集团中最高的，为2022年预期市盈率的6.5倍。</blockquote></p><p> The other six stocks are drugmakers&nbsp;Viatris(VTRS) and&nbsp;Organon(OGN); oil and gas producers&nbsp;Diamondback Energy(FANG) and&nbsp;APA(APA), formerly Apache; home builder&nbsp;PulteGroup(PHM), and insurer&nbsp;Unum(UNM).</p><p><blockquote>其他六只股票是制药商Viatris(VTRS)和Organon(OGN)；石油和天然气生产商Diamondback Energy(FANG)和APA(APA)，前身为阿帕奇；房屋建筑商PulteGroup(PHM)和保险公司Unum(UNM)。</blockquote></p><p> Several of the stocks have had big gains over the past year, including Diamondback, Micron, and Lincoln National, but all remain cheap based on earnings.</p><p><blockquote>其中一些股票在过去一年中大幅上涨，包括Diamondback、Micron和Lincoln National，但从盈利来看，所有股票都仍然很便宜。</blockquote></p><p> <b>10 in the Bargain Bin</b></p><p><blockquote><b>10在便宜货箱里</b></blockquote></p><p> Here are the 10 stocks in the S&amp;P 500 with the lowest price-to-earnings ratios.</p><p><blockquote>以下是标普500市盈率最低的10只股票。</blockquote></p><p> <table>  <thead>   <tr>    <th>Company / Ticker</th>    <th>Recent Price</th>    <th>Market Value (bil)</th>    <th>1-Yr Price Change</th>    <th>2022E* P/E Ratio</th>   </tr>  </thead>  <tbody>   <tr>    <td>Viatris / VTRS</td>    <td>$14.82</td>    <td>$17.9</td>    <td>-10.8%</td>    <td>3.9</td>   </tr>   <tr>    <td>Unum Group / UNM</td>    <td>26.14</td>    <td>5.3</td>    <td>38.8</td>    <td>4.8</td>   </tr>   <tr>    <td>Diamondback Energy / FANG</td>    <td>69.80</td>    <td>12.6</td>    <td>56.8</td>    <td>5.2</td>   </tr>   <tr>    <td>Western Digital / WDC</td>    <td>61.07</td>    <td>18.7</td>    <td>73.0</td>    <td>5.5</td>   </tr>   <tr>    <td>APA / APA</td>    <td>16.68</td>    <td>6.3</td>    <td>4.3</td>    <td>5.6</td>   </tr>   <tr>    <td>PulteGroup / PHM</td>    <td>52.43</td>    <td>13.6</td>    <td>12.1</td>    <td>5.6</td>   </tr>   <tr>    <td>Organon / OGN</td>    <td>33.61</td>    <td>8.5</td>    <td>N/A</td>    <td>5.7</td>   </tr>   <tr>    <td>Lincoln National / LNC</td>    <td>66.87</td>    <td>12.5</td>    <td>79.6</td>    <td>5.8</td>   </tr>   <tr>    <td>Micron Technology / MU</td>    <td>70.60</td>    <td>79.5</td>    <td>59.6</td>    <td>5.9</td>   </tr>   <tr>    <td>LyondellBasell Industries / LYB</td>    <td>100.36</td>    <td>33.5</td>    <td>43.8</td>    <td>6.5</td>   </tr>  </tbody> </table> *P/E ratio based on calendar 2022 estimates; E=estimate; N/A=not applicable</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>市值（bil）</th><th>1年价格变化</th><th>2022年预期*市盈率</th></tr></thead><tbody><tr><td>Viatris/VTRS</td><td>$14.82</td><td>$17.9</td><td>-10.8%</td><td>3.9</td></tr><tr><td>Unum集团/UNM</td><td>26.14</td><td>5.3</td><td>38.8</td><td>4.8</td></tr><tr><td>响尾蛇能源/FANG</td><td>69.80</td><td>12.6</td><td>56.8</td><td>5.2</td></tr><tr><td>西部数据/WDC</td><td>61.07</td><td>18.7</td><td>73.0</td><td>5.5</td></tr><tr><td>什么/什么</td><td>16.68</td><td>6.3</td><td>4.3</td><td>5.6</td></tr><tr><td>PulteGroup/PHM</td><td>52.43</td><td>13.6</td><td>12.1</td><td>5.6</td></tr><tr><td>有机农/OGN</td><td>33.61</td><td>8.5</td><td>N/A</td><td>5.7</td></tr><tr><td>林肯国家/LNC</td><td>66.87</td><td>12.5</td><td>79.6</td><td>5.8</td></tr><tr><td>美光科技/MU</td><td>70.60</td><td>79.5</td><td>59.6</td><td>5.9</td></tr><tr><td>利安德巴塞尔工业/LYB</td><td>100.36</td><td>33.5</td><td>43.8</td><td>6.5</td></tr></tbody></table>*市盈率基于2022年预测；E=估计值；N/A=不适用</blockquote></p><p> Source: FactSet</p><p><blockquote>来源：FactSet</blockquote></p><p> Why are the stocks so inexpensive?</p><p><blockquote>为什么股票这么便宜？</blockquote></p><p> Some like Viatris and Organon have ample, but manageable debt. Investors fear that profits may be peaking at companies like Micron, Lyondell, and&nbsp;Western Digital.</p><p><blockquote>Viatris和Organon等一些公司拥有充足但可控的债务。投资者担心美光、利安德和西部数据等公司的利润可能会达到顶峰。</blockquote></p><p> These concerns could be creating opportunities for investors. Micron, whose shares trade around $70, recently initiated a small dividend resulting in an 0.6% yield. J.P. Morgan analyst Harlan Sur wrote earlier this month that he expected Micron and its rivals to be “disciplined and prudent” about adding supply in the face of strong demand. He has an Overweight rating and a $140 price target on the stock.</p><p><blockquote>这些担忧可能会为投资者创造机会。美光科技的股价约为70美元，最近开始派发小额股息，收益率为0.6%。摩根大通分析师Harlan Sur本月早些时候写道，面对强劲的需求，他预计美光及其竞争对手将在增加供应方面保持“纪律和谨慎”。他对该股给予跑赢大盘评级和140美元的目标价。</blockquote></p><p> Western Digital, at around $61, is a leading maker of flash memory. Morgan Stanley analyst Joseph Moore is upbeat on its prospects, giving the stock an Overweight rating and a $88 price target. He thinks the stock is too cheap given that he expects earnings of $10 a share next year.</p><p><blockquote>西部数据公司的股价约为61美元，是闪存的领先制造商。大摩分析师Joseph Moore对其前景持乐观态度，给予该股跑赢大盘评级，目标价88美元。他认为该股太便宜了，因为他预计明年每股收益为10美元。</blockquote></p><p> Organon, a&nbsp;Merck(MRK) spinoff that has a portfolio of off-patent drugs and a women’s health business, recently reported better-than-expected earnings. It has set an $1.12 annual dividend, for a 3.3% yield at a recent price of $33.50.</p><p><blockquote>Organon是默克(MRK)的分拆公司，拥有一系列非专利药物和女性健康业务，最近公布的盈利好于预期。它设定了1.12美元的年度股息，以最近33.50美元的价格计算，收益率为3.3%。</blockquote></p><p> Joe Cornell, the publisher of Spin-Off Research, has a Buy rating and a $45 price target on the stock. Organon has a “peer-leading” yield, he recently wrote, and potential “top-line growth and margin momentum over the medium-term.”</p><p><blockquote>Spin-Off Research出版商Joe Cornell对该股给予买入评级和45美元的目标价。他最近写道，Organon拥有“同行领先”的收益率，以及潜在的“中期营收增长和利润率势头”。</blockquote></p><p> Viatris, a generic drugmaker spun off from&nbsp;Pfizer(PFE), has the lowest P/E in the S&amp;P 500 at 3.9. Its shares recently traded below $15.</p><p><blockquote>Viatris是一家从辉瑞(PFE)分拆出来的仿制药制造商，其市盈率在标普500最低，为3.9。其股价最近交易价格低于15美元。</blockquote></p><p> J.P. Morgan analyst Chris Schott was encouraged by the company’s second-quarter earnings report, but maintained a Neutral rating as he awaits more evidence of improving financial performance after a tough 2020. The stock has a 3% yield.</p><p><blockquote>摩根大通分析师Chris Schott对该公司第二季度财报感到鼓舞，但维持中性评级，因为他等待更多证据表明在经历了艰难的2020年后财务业绩有所改善。该股票的收益率为3%。</blockquote></p><p> Energy stocks have experienced a sharp pullback since June 1 because of a drop in oil prices and a sentiment shift away from the sector.</p><p><blockquote>自6月1日以来，由于油价下跌和市场情绪远离该行业，能源股经历了大幅回调。</blockquote></p><p> Diamondback Energy, a leading exploration and production company in the Permian basin in Texas, has seen its shares drop to a recent $70 from $100. The company reported strong second-quarter results and boosted its dividend by 12.5% to an annualized $1.80 a share. The stock now yields about 2.6%.</p><p><blockquote>Diamondback Energy是德克萨斯州二叠纪盆地领先的勘探和生产公司，其股价从100美元跌至最近的70美元。该公司公布了强劲的第二季度业绩，并将股息提高了12.5%，达到年化每股1.80美元。该股目前的收益率约为2.6%。</blockquote></p><p></p><p> Like many E&amp;Ps, Diamondback has a high free-cash flow yield. J.P. Morgan analyst Arun Jayaram is upbeat on Diamondback and recently estimated its net asset value at $126 a share. APA produces oil and gas in the U.S. and overseas and offers a play on a potentially large offshore oil field off Suriname in South America. Its shares trade around $16.</p><p><blockquote>与许多勘探与生产公司一样，Diamondback拥有较高的自由现金流收益率。摩根大通分析师Arun Jayaram对Diamondback持乐观态度，最近估计其资产净值为每股126美元。APA在美国和海外生产石油和天然气，并在南美洲苏里南附近的一个潜在大型海上油田提供业务。其股价约为16美元。</blockquote></p><p> Shares of PulteGroup, one of the largest U.S. home builders, have pulled back about 20% from a spring peak, to a recent $52 amid concerns about demand and pricing power.</p><p><blockquote>由于对需求和定价能力的担忧，美国最大的住宅建筑商之一PulteGroup的股价已从春季峰值回落约20%，至最近的52美元。</blockquote></p><p> Evercore ISI analyst Stephen Kim, one of the most bullish Wall Street analysts on the sector, sees rising profitability for Pulte and peers. He has an Outperform rating on Pulte and a $93 price target. He sees about $8 a share in earnings this year and an above-consensus estimate of roughly $12 next year.</p><p><blockquote>Evercore ISI分析师Stephen Kim是华尔街对该行业最乐观的分析师之一，他认为Pulte和同行的盈利能力不断上升。他对Pulte的评级为跑赢大盘，目标价为93美元。他预计今年每股收益约为8美元，明年约为12美元，高于市场普遍预期。</blockquote></p><p> Lyondell, the world’s third-largest independent chemical company, is a major player in plastics. Its shares recently traded around $100.Its CEO, Bob Patel, recently told&nbsp;<i>Barron’s</i>&nbsp;Jack Hough: “Whether we’re at peak, and is there a moderation or a hard reset—this is at the heart of the debate today with investors. I think there is strong demand in front of us.”</p><p><blockquote>利安德是全球第三大独立化学公司，是塑料领域的主要参与者。其股价最近交易价格约为100美元。其首席执行官鲍勃·帕特尔(Bob Patel)最近告诉<i>巴伦周刊</i>Jack Hough：“我们是否正处于顶峰，是否会出现缓和或硬重置——这是今天与投资者争论的核心。我认为我们面前有强劲的需求。”</blockquote></p><p> Lincoln National, which offers life insurance, annuities, and other financial products, recently traded around $67, less than six times projected 2022 earnings and below a conservative measure of book value of $75. J.P. Morgan analyst Jimmy Bhullar likes Lincoln National, recently citing an “improving business mix” and “discount valuation.” He has an Overweight rating and a $81 price target.</p><p><blockquote>Lincoln National提供人寿保险、年金和其他金融产品，最近的交易价格约为67美元，不到2022年预计收益的六倍，也低于75美元的保守账面价值。摩根大通分析师吉米·布拉尔(Jimmy Bhullar)喜欢林肯国民(Lincoln National)，最近称其“业务组合不断改善”和“估值折扣”。他给予跑赢大盘评级和81美元的目标价。</blockquote></p><p> Unum, a provider of life and disability insurance, trades cheaply based on earnings and book value. That reflects in part concerns about its long-term care insurance reserves, which were strengthened in 2020. The stock, around $26, trades for about five times projected 2022 earnings and for half of book value.</p><p><blockquote>Unum是一家人寿和伤残保险提供商，根据收益和账面价值进行廉价交易。这在一定程度上反映了对其长期护理保险准备金的担忧，该准备金在2020年得到了加强。该股股价约为26美元，交易价格约为2022年预计收益的五倍，账面价值的一半。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are the 10 Cheapest Stocks in the S&P 500<blockquote>以下是标普500中最便宜的10只股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Are the 10 Cheapest Stocks in the S&P 500<blockquote>以下是标普500中最便宜的10只股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-24 17:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>There are still plenty of cheap stocks, even with the major indexes near record highs.</p><p><blockquote>即使主要股指接近历史新高，仍然有大量廉价股票。</blockquote></p><p> Barron’s screened the S&amp;P 500 index and identified the 10 stocks with the lowest price-to-earnings ratios using 2022 profit projections, based on FactSet data.</p><p><blockquote>《巴伦周刊》根据FactSet数据筛选了标普500指数，并利用2022年利润预测确定了市盈率最低的10只股票。</blockquote></p><p> The 10 least expensive companies include memory-chip makers Micron Technology (ticker: MU) and&nbsp;Western Digital(WDC), chemical producer&nbsp;LyondellBasell Industries(LYB), and life insurer&nbsp;Lincoln National(LNC). Nine of the 10 have P/E ratios below six. Lyondell has the highest multiple in the group, at 6.5 times estimated 2022 earnings.</p><p><blockquote>成本最低的10家公司包括存储芯片制造商美光科技（股票代码：MU）和西部数据（WDC）、化学品生产商利安德巴塞尔工业公司（LYB）和人寿保险公司林肯国民公司（LNC）。10家公司中有9家的市盈率低于6。利安德的市盈率是该集团中最高的，为2022年预期市盈率的6.5倍。</blockquote></p><p> The other six stocks are drugmakers&nbsp;Viatris(VTRS) and&nbsp;Organon(OGN); oil and gas producers&nbsp;Diamondback Energy(FANG) and&nbsp;APA(APA), formerly Apache; home builder&nbsp;PulteGroup(PHM), and insurer&nbsp;Unum(UNM).</p><p><blockquote>其他六只股票是制药商Viatris(VTRS)和Organon(OGN)；石油和天然气生产商Diamondback Energy(FANG)和APA(APA)，前身为阿帕奇；房屋建筑商PulteGroup(PHM)和保险公司Unum(UNM)。</blockquote></p><p> Several of the stocks have had big gains over the past year, including Diamondback, Micron, and Lincoln National, but all remain cheap based on earnings.</p><p><blockquote>其中一些股票在过去一年中大幅上涨，包括Diamondback、Micron和Lincoln National，但从盈利来看，所有股票都仍然很便宜。</blockquote></p><p> <b>10 in the Bargain Bin</b></p><p><blockquote><b>10在便宜货箱里</b></blockquote></p><p> Here are the 10 stocks in the S&amp;P 500 with the lowest price-to-earnings ratios.</p><p><blockquote>以下是标普500市盈率最低的10只股票。</blockquote></p><p> <table>  <thead>   <tr>    <th>Company / Ticker</th>    <th>Recent Price</th>    <th>Market Value (bil)</th>    <th>1-Yr Price Change</th>    <th>2022E* P/E Ratio</th>   </tr>  </thead>  <tbody>   <tr>    <td>Viatris / VTRS</td>    <td>$14.82</td>    <td>$17.9</td>    <td>-10.8%</td>    <td>3.9</td>   </tr>   <tr>    <td>Unum Group / UNM</td>    <td>26.14</td>    <td>5.3</td>    <td>38.8</td>    <td>4.8</td>   </tr>   <tr>    <td>Diamondback Energy / FANG</td>    <td>69.80</td>    <td>12.6</td>    <td>56.8</td>    <td>5.2</td>   </tr>   <tr>    <td>Western Digital / WDC</td>    <td>61.07</td>    <td>18.7</td>    <td>73.0</td>    <td>5.5</td>   </tr>   <tr>    <td>APA / APA</td>    <td>16.68</td>    <td>6.3</td>    <td>4.3</td>    <td>5.6</td>   </tr>   <tr>    <td>PulteGroup / PHM</td>    <td>52.43</td>    <td>13.6</td>    <td>12.1</td>    <td>5.6</td>   </tr>   <tr>    <td>Organon / OGN</td>    <td>33.61</td>    <td>8.5</td>    <td>N/A</td>    <td>5.7</td>   </tr>   <tr>    <td>Lincoln National / LNC</td>    <td>66.87</td>    <td>12.5</td>    <td>79.6</td>    <td>5.8</td>   </tr>   <tr>    <td>Micron Technology / MU</td>    <td>70.60</td>    <td>79.5</td>    <td>59.6</td>    <td>5.9</td>   </tr>   <tr>    <td>LyondellBasell Industries / LYB</td>    <td>100.36</td>    <td>33.5</td>    <td>43.8</td>    <td>6.5</td>   </tr>  </tbody> </table> *P/E ratio based on calendar 2022 estimates; E=estimate; N/A=not applicable</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>市值（bil）</th><th>1年价格变化</th><th>2022年预期*市盈率</th></tr></thead><tbody><tr><td>Viatris/VTRS</td><td>$14.82</td><td>$17.9</td><td>-10.8%</td><td>3.9</td></tr><tr><td>Unum集团/UNM</td><td>26.14</td><td>5.3</td><td>38.8</td><td>4.8</td></tr><tr><td>响尾蛇能源/FANG</td><td>69.80</td><td>12.6</td><td>56.8</td><td>5.2</td></tr><tr><td>西部数据/WDC</td><td>61.07</td><td>18.7</td><td>73.0</td><td>5.5</td></tr><tr><td>什么/什么</td><td>16.68</td><td>6.3</td><td>4.3</td><td>5.6</td></tr><tr><td>PulteGroup/PHM</td><td>52.43</td><td>13.6</td><td>12.1</td><td>5.6</td></tr><tr><td>有机农/OGN</td><td>33.61</td><td>8.5</td><td>N/A</td><td>5.7</td></tr><tr><td>林肯国家/LNC</td><td>66.87</td><td>12.5</td><td>79.6</td><td>5.8</td></tr><tr><td>美光科技/MU</td><td>70.60</td><td>79.5</td><td>59.6</td><td>5.9</td></tr><tr><td>利安德巴塞尔工业/LYB</td><td>100.36</td><td>33.5</td><td>43.8</td><td>6.5</td></tr></tbody></table>*市盈率基于2022年预测；E=估计值；N/A=不适用</blockquote></p><p> Source: FactSet</p><p><blockquote>来源：FactSet</blockquote></p><p> Why are the stocks so inexpensive?</p><p><blockquote>为什么股票这么便宜？</blockquote></p><p> Some like Viatris and Organon have ample, but manageable debt. Investors fear that profits may be peaking at companies like Micron, Lyondell, and&nbsp;Western Digital.</p><p><blockquote>Viatris和Organon等一些公司拥有充足但可控的债务。投资者担心美光、利安德和西部数据等公司的利润可能会达到顶峰。</blockquote></p><p> These concerns could be creating opportunities for investors. Micron, whose shares trade around $70, recently initiated a small dividend resulting in an 0.6% yield. J.P. Morgan analyst Harlan Sur wrote earlier this month that he expected Micron and its rivals to be “disciplined and prudent” about adding supply in the face of strong demand. He has an Overweight rating and a $140 price target on the stock.</p><p><blockquote>这些担忧可能会为投资者创造机会。美光科技的股价约为70美元，最近开始派发小额股息，收益率为0.6%。摩根大通分析师Harlan Sur本月早些时候写道，面对强劲的需求，他预计美光及其竞争对手将在增加供应方面保持“纪律和谨慎”。他对该股给予跑赢大盘评级和140美元的目标价。</blockquote></p><p> Western Digital, at around $61, is a leading maker of flash memory. Morgan Stanley analyst Joseph Moore is upbeat on its prospects, giving the stock an Overweight rating and a $88 price target. He thinks the stock is too cheap given that he expects earnings of $10 a share next year.</p><p><blockquote>西部数据公司的股价约为61美元，是闪存的领先制造商。大摩分析师Joseph Moore对其前景持乐观态度，给予该股跑赢大盘评级，目标价88美元。他认为该股太便宜了，因为他预计明年每股收益为10美元。</blockquote></p><p> Organon, a&nbsp;Merck(MRK) spinoff that has a portfolio of off-patent drugs and a women’s health business, recently reported better-than-expected earnings. It has set an $1.12 annual dividend, for a 3.3% yield at a recent price of $33.50.</p><p><blockquote>Organon是默克(MRK)的分拆公司，拥有一系列非专利药物和女性健康业务，最近公布的盈利好于预期。它设定了1.12美元的年度股息，以最近33.50美元的价格计算，收益率为3.3%。</blockquote></p><p> Joe Cornell, the publisher of Spin-Off Research, has a Buy rating and a $45 price target on the stock. Organon has a “peer-leading” yield, he recently wrote, and potential “top-line growth and margin momentum over the medium-term.”</p><p><blockquote>Spin-Off Research出版商Joe Cornell对该股给予买入评级和45美元的目标价。他最近写道，Organon拥有“同行领先”的收益率，以及潜在的“中期营收增长和利润率势头”。</blockquote></p><p> Viatris, a generic drugmaker spun off from&nbsp;Pfizer(PFE), has the lowest P/E in the S&amp;P 500 at 3.9. Its shares recently traded below $15.</p><p><blockquote>Viatris是一家从辉瑞(PFE)分拆出来的仿制药制造商，其市盈率在标普500最低，为3.9。其股价最近交易价格低于15美元。</blockquote></p><p> J.P. Morgan analyst Chris Schott was encouraged by the company’s second-quarter earnings report, but maintained a Neutral rating as he awaits more evidence of improving financial performance after a tough 2020. The stock has a 3% yield.</p><p><blockquote>摩根大通分析师Chris Schott对该公司第二季度财报感到鼓舞，但维持中性评级，因为他等待更多证据表明在经历了艰难的2020年后财务业绩有所改善。该股票的收益率为3%。</blockquote></p><p> Energy stocks have experienced a sharp pullback since June 1 because of a drop in oil prices and a sentiment shift away from the sector.</p><p><blockquote>自6月1日以来，由于油价下跌和市场情绪远离该行业，能源股经历了大幅回调。</blockquote></p><p> Diamondback Energy, a leading exploration and production company in the Permian basin in Texas, has seen its shares drop to a recent $70 from $100. The company reported strong second-quarter results and boosted its dividend by 12.5% to an annualized $1.80 a share. The stock now yields about 2.6%.</p><p><blockquote>Diamondback Energy是德克萨斯州二叠纪盆地领先的勘探和生产公司，其股价从100美元跌至最近的70美元。该公司公布了强劲的第二季度业绩，并将股息提高了12.5%，达到年化每股1.80美元。该股目前的收益率约为2.6%。</blockquote></p><p></p><p> Like many E&amp;Ps, Diamondback has a high free-cash flow yield. J.P. Morgan analyst Arun Jayaram is upbeat on Diamondback and recently estimated its net asset value at $126 a share. APA produces oil and gas in the U.S. and overseas and offers a play on a potentially large offshore oil field off Suriname in South America. Its shares trade around $16.</p><p><blockquote>与许多勘探与生产公司一样，Diamondback拥有较高的自由现金流收益率。摩根大通分析师Arun Jayaram对Diamondback持乐观态度，最近估计其资产净值为每股126美元。APA在美国和海外生产石油和天然气，并在南美洲苏里南附近的一个潜在大型海上油田提供业务。其股价约为16美元。</blockquote></p><p> Shares of PulteGroup, one of the largest U.S. home builders, have pulled back about 20% from a spring peak, to a recent $52 amid concerns about demand and pricing power.</p><p><blockquote>由于对需求和定价能力的担忧，美国最大的住宅建筑商之一PulteGroup的股价已从春季峰值回落约20%，至最近的52美元。</blockquote></p><p> Evercore ISI analyst Stephen Kim, one of the most bullish Wall Street analysts on the sector, sees rising profitability for Pulte and peers. He has an Outperform rating on Pulte and a $93 price target. He sees about $8 a share in earnings this year and an above-consensus estimate of roughly $12 next year.</p><p><blockquote>Evercore ISI分析师Stephen Kim是华尔街对该行业最乐观的分析师之一，他认为Pulte和同行的盈利能力不断上升。他对Pulte的评级为跑赢大盘，目标价为93美元。他预计今年每股收益约为8美元，明年约为12美元，高于市场普遍预期。</blockquote></p><p> Lyondell, the world’s third-largest independent chemical company, is a major player in plastics. Its shares recently traded around $100.Its CEO, Bob Patel, recently told&nbsp;<i>Barron’s</i>&nbsp;Jack Hough: “Whether we’re at peak, and is there a moderation or a hard reset—this is at the heart of the debate today with investors. I think there is strong demand in front of us.”</p><p><blockquote>利安德是全球第三大独立化学公司，是塑料领域的主要参与者。其股价最近交易价格约为100美元。其首席执行官鲍勃·帕特尔(Bob Patel)最近告诉<i>巴伦周刊</i>Jack Hough：“我们是否正处于顶峰，是否会出现缓和或硬重置——这是今天与投资者争论的核心。我认为我们面前有强劲的需求。”</blockquote></p><p> Lincoln National, which offers life insurance, annuities, and other financial products, recently traded around $67, less than six times projected 2022 earnings and below a conservative measure of book value of $75. J.P. Morgan analyst Jimmy Bhullar likes Lincoln National, recently citing an “improving business mix” and “discount valuation.” He has an Overweight rating and a $81 price target.</p><p><blockquote>Lincoln National提供人寿保险、年金和其他金融产品，最近的交易价格约为67美元，不到2022年预计收益的六倍，也低于75美元的保守账面价值。摩根大通分析师吉米·布拉尔(Jimmy Bhullar)喜欢林肯国民(Lincoln National)，最近称其“业务组合不断改善”和“估值折扣”。他给予跑赢大盘评级和81美元的目标价。</blockquote></p><p> Unum, a provider of life and disability insurance, trades cheaply based on earnings and book value. That reflects in part concerns about its long-term care insurance reserves, which were strengthened in 2020. The stock, around $26, trades for about five times projected 2022 earnings and for half of book value.</p><p><blockquote>Unum是一家人寿和伤残保险提供商，根据收益和账面价值进行廉价交易。这在一定程度上反映了对其长期护理保险准备金的担忧，该准备金在2020年得到了加强。该股股价约为26美元，交易价格约为2022年预计收益的五倍，账面价值的一半。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/here-are-the-10-cheapest-stocks-in-the-s-p-500-51629756720?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LNC":"林肯国民","VTRS":"Viatris Inc.","OGN":"Organon & Co","MU":"美光科技","LYB":"利安德巴塞尔","FANG":"Diamondback Energy","PHM":"普得集团","WDC":"西部数据","UNM":"尤纳姆集团","APA":"阿帕契"},"source_url":"https://www.barrons.com/articles/here-are-the-10-cheapest-stocks-in-the-s-p-500-51629756720?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136078272","content_text":"There are still plenty of cheap stocks, even with the major indexes near record highs.\nBarron’s screened the S&P 500 index and identified the 10 stocks with the lowest price-to-earnings ratios using 2022 profit projections, based on FactSet data.\nThe 10 least expensive companies include memory-chip makers Micron Technology (ticker: MU) and Western Digital(WDC), chemical producer LyondellBasell Industries(LYB), and life insurer Lincoln National(LNC). Nine of the 10 have P/E ratios below six. Lyondell has the highest multiple in the group, at 6.5 times estimated 2022 earnings.\nThe other six stocks are drugmakers Viatris(VTRS) and Organon(OGN); oil and gas producers Diamondback Energy(FANG) and APA(APA), formerly Apache; home builder PulteGroup(PHM), and insurer Unum(UNM).\nSeveral of the stocks have had big gains over the past year, including Diamondback, Micron, and Lincoln National, but all remain cheap based on earnings.\n10 in the Bargain Bin\nHere are the 10 stocks in the S&P 500 with the lowest price-to-earnings ratios.\n\n\n\nCompany / Ticker\nRecent Price\nMarket Value (bil)\n1-Yr Price Change\n2022E* P/E Ratio\n\n\n\n\nViatris / VTRS\n$14.82\n$17.9\n-10.8%\n3.9\n\n\nUnum Group / UNM\n26.14\n5.3\n38.8\n4.8\n\n\nDiamondback Energy / FANG\n69.80\n12.6\n56.8\n5.2\n\n\nWestern Digital / WDC\n61.07\n18.7\n73.0\n5.5\n\n\nAPA / APA\n16.68\n6.3\n4.3\n5.6\n\n\nPulteGroup / PHM\n52.43\n13.6\n12.1\n5.6\n\n\nOrganon / OGN\n33.61\n8.5\nN/A\n5.7\n\n\nLincoln National / LNC\n66.87\n12.5\n79.6\n5.8\n\n\nMicron Technology / MU\n70.60\n79.5\n59.6\n5.9\n\n\nLyondellBasell Industries / LYB\n100.36\n33.5\n43.8\n6.5\n\n\n\n*P/E ratio based on calendar 2022 estimates; E=estimate; N/A=not applicable\nSource: FactSet\nWhy are the stocks so inexpensive?\nSome like Viatris and Organon have ample, but manageable debt. Investors fear that profits may be peaking at companies like Micron, Lyondell, and Western Digital.\nThese concerns could be creating opportunities for investors. Micron, whose shares trade around $70, recently initiated a small dividend resulting in an 0.6% yield. J.P. Morgan analyst Harlan Sur wrote earlier this month that he expected Micron and its rivals to be “disciplined and prudent” about adding supply in the face of strong demand. He has an Overweight rating and a $140 price target on the stock.\nWestern Digital, at around $61, is a leading maker of flash memory. Morgan Stanley analyst Joseph Moore is upbeat on its prospects, giving the stock an Overweight rating and a $88 price target. He thinks the stock is too cheap given that he expects earnings of $10 a share next year.\nOrganon, a Merck(MRK) spinoff that has a portfolio of off-patent drugs and a women’s health business, recently reported better-than-expected earnings. It has set an $1.12 annual dividend, for a 3.3% yield at a recent price of $33.50.\nJoe Cornell, the publisher of Spin-Off Research, has a Buy rating and a $45 price target on the stock. Organon has a “peer-leading” yield, he recently wrote, and potential “top-line growth and margin momentum over the medium-term.”\nViatris, a generic drugmaker spun off from Pfizer(PFE), has the lowest P/E in the S&P 500 at 3.9. Its shares recently traded below $15.\nJ.P. Morgan analyst Chris Schott was encouraged by the company’s second-quarter earnings report, but maintained a Neutral rating as he awaits more evidence of improving financial performance after a tough 2020. The stock has a 3% yield.\nEnergy stocks have experienced a sharp pullback since June 1 because of a drop in oil prices and a sentiment shift away from the sector.\nDiamondback Energy, a leading exploration and production company in the Permian basin in Texas, has seen its shares drop to a recent $70 from $100. The company reported strong second-quarter results and boosted its dividend by 12.5% to an annualized $1.80 a share. The stock now yields about 2.6%.\nLike many E&Ps, Diamondback has a high free-cash flow yield. J.P. Morgan analyst Arun Jayaram is upbeat on Diamondback and recently estimated its net asset value at $126 a share. APA produces oil and gas in the U.S. and overseas and offers a play on a potentially large offshore oil field off Suriname in South America. Its shares trade around $16.\nShares of PulteGroup, one of the largest U.S. home builders, have pulled back about 20% from a spring peak, to a recent $52 amid concerns about demand and pricing power.\nEvercore ISI analyst Stephen Kim, one of the most bullish Wall Street analysts on the sector, sees rising profitability for Pulte and peers. He has an Outperform rating on Pulte and a $93 price target. He sees about $8 a share in earnings this year and an above-consensus estimate of roughly $12 next year.\nLyondell, the world’s third-largest independent chemical company, is a major player in plastics. Its shares recently traded around $100.Its CEO, Bob Patel, recently told Barron’s Jack Hough: “Whether we’re at peak, and is there a moderation or a hard reset—this is at the heart of the debate today with investors. I think there is strong demand in front of us.”\nLincoln National, which offers life insurance, annuities, and other financial products, recently traded around $67, less than six times projected 2022 earnings and below a conservative measure of book value of $75. J.P. Morgan analyst Jimmy Bhullar likes Lincoln National, recently citing an “improving business mix” and “discount valuation.” He has an Overweight rating and a $81 price target.\nUnum, a provider of life and disability insurance, trades cheaply based on earnings and book value. That reflects in part concerns about its long-term care insurance reserves, which were strengthened in 2020. The stock, around $26, trades for about five times projected 2022 earnings and for half of book value.","news_type":1,"symbols_score_info":{"MU":0.9,"UNM":0.9,"VTRS":0.9,"WDC":0.9,"LYB":0.9,"OGN":0.9,"PHM":0.9,"APA":0.9,"LNC":0.9,"FANG":0.9}},"isVote":1,"tweetType":1,"viewCount":1427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817719388,"gmtCreate":1630987304044,"gmtModify":1632904755691,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Love it","listText":"Love it","text":"Love it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817719388","repostId":"1105876391","repostType":4,"isVote":1,"tweetType":1,"viewCount":2789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816101872,"gmtCreate":1630473493996,"gmtModify":1633677794686,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"I like workday more than rest.&nbsp;","listText":"I like workday more than rest.&nbsp;","text":"I like workday more than rest.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816101872","repostId":"2164866771","repostType":4,"repost":{"id":"2164866771","kind":"news","pubTimestamp":1630455900,"share":"https://www.laohu8.com/m/news/2164866771?lang=zh_CN&edition=full","pubTime":"2021-09-01 08:25","market":"us","language":"en","title":"Goldman Sachs sees as much as 33% upside in these stocks — peek before they pop<blockquote>高盛认为这些股票的上涨空间高达33%——在它们上涨之前先看看</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2164866771","media":"MoneyWise","summary":"Goldman believes this trio of stocks can take off.\n\nWall Street doesn’t always get it right.\nIn fact","content":"<p><b>Goldman believes this trio of stocks can take off.</b></p><p><blockquote><b>高盛相信这三只股票可以起飞。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f5542d0a10aab39580d67416addb84d3\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Wall Street doesn’t always get it right.</p><p><blockquote>华尔街并不总是做对的。</blockquote></p><p> In fact, it’s always good practice to take analyst opinions with a golf ball-sized grain of salt. That said, Wall Street firms with solid track records can be a useful source of buy ideas.</p><p><blockquote>事实上，对分析师的意见持高尔夫球大小的保留态度总是一个好做法。也就是说，拥有良好业绩记录的华尔街公司可能是买入想法的有用来源。</blockquote></p><p> Let’s look at three stocks that investment giant Goldman Sachs has recently taken a bullish stance on.</p><p><blockquote>我们来看看投资巨头高盛最近看涨的三只股票。</blockquote></p><p> One of them could very well be your next big money-maker.</p><p><blockquote>他们中的一个很可能是你的下一个大赚钱者。</blockquote></p><p> <b>1. Weber</b></p><p><blockquote><b>1.韦伯</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f8ea3ad9c7ad11a4c82b90e11915d319\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Brett Levin / Flickr</p><p><blockquote>布雷特·莱文/Flickr</blockquote></p><p> Leading off our list is grill maker Weber, which Goldman started coverage on with a Buy rating Monday. Along with the bullish stance, Goldman analyst Kate McShane planted a $22 price target on the shares, representing upside of about 33% from where they sit now.</p><p><blockquote>在我们的名单中名列前茅的是烧烤制造商韦伯，高盛周一开始对该公司给予买入评级。除了看涨立场外，高盛分析师Kate McShane还为该股设定了22美元的目标价，较目前上涨约33%。</blockquote></p><p> With the trend of investing in the home only picking up pace, McShane thinks Weber is a “solid growth story.” The analyst also sees the company benefitting from consumer brand awareness and global growth tailwinds.</p><p><blockquote>随着投资住宅的趋势不断加快，麦克沙恩认为韦伯是一个“稳健的增长故事”。分析师还认为该公司将受益于消费者品牌知名度和全球增长的顺风。</blockquote></p><p> In 2020, the company posted revenue of $1.5 billion with a solid return on invested capital of 14%.</p><p><blockquote>2020年，该公司营收为15亿美元，投资资本回报率为14%。</blockquote></p><p> Weber shares quickly spiked after their IPO earlier this month, but have fallen 17% since the initial run-up, providing a possible opportunity for contrarian traders.</p><p><blockquote>Weber股价在本月早些时候首次公开募股后迅速飙升，但自最初上涨以来已下跌17%，这为逆向交易者提供了可能的机会。</blockquote></p><p> <b>2. <a href=\"https://laohu8.com/S/WDAY\">Workday</a></b></p><p><blockquote><b>2.<a href=\"https://laohu8.com/S/WDAY\">工作日</a></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/748691e6368293a02ca46db7c07e50b6\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Coolcaesar / Wikimedia Commons</p><p><blockquote>酷凯撒/维基共享资源</blockquote></p><p> Next up, we have cloud computing technologist Workday, which Goldman raised its price target on from $300 to $330 per share. In other words, Goldman analyst Kash Rangan sees upside of about 20% from where Workday currently trades.</p><p><blockquote>接下来是云计算技术专家Workday，高盛将其目标股价从每股300美元上调至330美元。换句话说，高盛分析师Kash Rangan认为Workday目前的交易价格还有约20%的上涨空间。</blockquote></p><p> Rangan also reiterated his Buy rating on the stock.</p><p><blockquote>兰根还重申了对该股的买入评级。</blockquote></p><p> In a research note to investors, Rangan wrote that Workday is well-positioned to take market share over the long haul even as the exact timing of its large financial migrations remains unclear.</p><p><blockquote>兰根在给投资者的一份研究报告中写道，Workday处于有利地位，可以长期占领市场份额，尽管其大规模金融迁移的确切时间仍不清楚。</blockquote></p><p> In its Q2 results last week, Workday blew out expectations with revenue growth of 19%. The company also posted non-GAAP earnings of $1.23 a share, well above the average analyst estimate of 78 cents a share.</p><p><blockquote>Workday在上周的第二季度业绩中，收入增长19%，超出预期。该公司还公布了非公认会计准则每股收益1.23美元，远高于分析师平均预期的每股78美分。</blockquote></p><p> Workday shares are up just 13% so far in 2021 versus 21% for the S&amp;P 500.</p><p><blockquote>2021年迄今为止，Workday股价仅上涨13%，而标普500股价上涨21%。</blockquote></p><p> <b>3. <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b></p><p><blockquote><b>3.<a href=\"https://laohu8.com/S/SNOW\">雪花</a></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/644eebc7b4206b78957037f755a44c03\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Sundry Photography / Shutterstock</p><p><blockquote>杂项摄影/Shutterstock</blockquote></p><p> Rounding out our list is cloud-based data platform Snowflake, which Goldman’s Rangan lifted his price target on from $300 to $340. Rangan’s projection represents 14% worth of upside for today’s buyers of Snowflake shares.</p><p><blockquote>我们的名单中还有基于云的数据平台Snowflake，高盛的Rangan将其目标价从300美元上调至340美元。Rangan的预测对于今天的Snowflake股票买家来说有14%的上涨空间。</blockquote></p><p> Rangan thinks Snowflake’s native cloud platform is ideally positioned to replace data warehousing services over the long haul due to its scalability and elasticity. Rangan also highlighted the company’s “best in class” net revenue retention rate of 169% in the most recent quarter.</p><p><blockquote>Rangan认为，由于其可扩展性和弹性，Snowflake的原生云平台非常适合长期取代数据仓库服务。Rangan还强调了该公司最近一个季度169%的“同类最佳”净收入保留率。</blockquote></p><p> While Snowflake posted a wider-than-expected loss in Q2, revenue more than doubled from the year-ago period to $272 million.</p><p><blockquote>尽管Snowflake第二季度亏损超出预期，但收入较去年同期增长了一倍多，达到2.72亿美元。</blockquote></p><p> Snowflake shares are up 6% year to date, underperforming the S&amp;P 500 by a wide margin, suggesting that the stock could have plenty of room to run for the rest of 2021.</p><p><blockquote>Snowflake股价今年迄今已上涨6%，表现大幅落后于标普500，这表明该股在2021年剩余时间内可能还有很大的上涨空间。</blockquote></p><p> Go your own way?</p><p><blockquote>走自己的路？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ffc1d02d5bf11b54fceefed05d81522d\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Fotokostic / Shutterstock</p><p><blockquote>光声/Shutterstock</blockquote></p><p> There you have it: three newly upgraded stocks worth checking out.</p><p><blockquote>现在你知道了：三只新升级的股票值得一看。</blockquote></p><p> Even if you don't agree with Goldman on these specific stock picks, your goal as investor should always remain the same: seeking out attractive assets at discounted prices.</p><p><blockquote>即使您不同意高盛在这些特定股票选择上的观点，作为投资者，您的目标也应该始终保持不变：以折扣价寻找有吸引力的资产。</blockquote></p><p> You don't have to limit yourself to the stock market, either.</p><p><blockquote>你也不必局限于股票市场。</blockquote></p><p> One attractive asset that billionaire Bill Gates is partial to is investing in U.S. farmland.</p><p><blockquote>亿万富翁比尔·盖茨偏爱的一项有吸引力的资产是投资美国农田。</blockquote></p><p> In fact, Gates is America's biggest owner of farmland and for good reason: Over the years, agriculture has been shown to offer higher risk-adjusted returns than both stocks and real estate.</p><p><blockquote>事实上，盖茨是美国最大的农田所有者，这是有充分理由的：多年来，农业已被证明比股票和房地产提供更高的风险调整回报。</blockquote></p><p></p>","source":"lsy1621813427262","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>Goldman Sachs sees as much as 33% upside in these stocks — peek before they pop<blockquote>高盛认为这些股票的上涨空间高达33%——在它们上涨之前先看看</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs sees as much as 33% upside in these stocks — peek before they pop<blockquote>高盛认为这些股票的上涨空间高达33%——在它们上涨之前先看看</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MoneyWise</strong><span class=\"h-time small\">2021-09-01 08:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Goldman believes this trio of stocks can take off.</b></p><p><blockquote><b>高盛相信这三只股票可以起飞。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f5542d0a10aab39580d67416addb84d3\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Wall Street doesn’t always get it right.</p><p><blockquote>华尔街并不总是做对的。</blockquote></p><p> In fact, it’s always good practice to take analyst opinions with a golf ball-sized grain of salt. That said, Wall Street firms with solid track records can be a useful source of buy ideas.</p><p><blockquote>事实上，对分析师的意见持高尔夫球大小的保留态度总是一个好做法。也就是说，拥有良好业绩记录的华尔街公司可能是买入想法的有用来源。</blockquote></p><p> Let’s look at three stocks that investment giant Goldman Sachs has recently taken a bullish stance on.</p><p><blockquote>我们来看看投资巨头高盛最近看涨的三只股票。</blockquote></p><p> One of them could very well be your next big money-maker.</p><p><blockquote>他们中的一个很可能是你的下一个大赚钱者。</blockquote></p><p> <b>1. Weber</b></p><p><blockquote><b>1.韦伯</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f8ea3ad9c7ad11a4c82b90e11915d319\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Brett Levin / Flickr</p><p><blockquote>布雷特·莱文/Flickr</blockquote></p><p> Leading off our list is grill maker Weber, which Goldman started coverage on with a Buy rating Monday. Along with the bullish stance, Goldman analyst Kate McShane planted a $22 price target on the shares, representing upside of about 33% from where they sit now.</p><p><blockquote>在我们的名单中名列前茅的是烧烤制造商韦伯，高盛周一开始对该公司给予买入评级。除了看涨立场外，高盛分析师Kate McShane还为该股设定了22美元的目标价，较目前上涨约33%。</blockquote></p><p> With the trend of investing in the home only picking up pace, McShane thinks Weber is a “solid growth story.” The analyst also sees the company benefitting from consumer brand awareness and global growth tailwinds.</p><p><blockquote>随着投资住宅的趋势不断加快，麦克沙恩认为韦伯是一个“稳健的增长故事”。分析师还认为该公司将受益于消费者品牌知名度和全球增长的顺风。</blockquote></p><p> In 2020, the company posted revenue of $1.5 billion with a solid return on invested capital of 14%.</p><p><blockquote>2020年，该公司营收为15亿美元，投资资本回报率为14%。</blockquote></p><p> Weber shares quickly spiked after their IPO earlier this month, but have fallen 17% since the initial run-up, providing a possible opportunity for contrarian traders.</p><p><blockquote>Weber股价在本月早些时候首次公开募股后迅速飙升，但自最初上涨以来已下跌17%，这为逆向交易者提供了可能的机会。</blockquote></p><p> <b>2. <a href=\"https://laohu8.com/S/WDAY\">Workday</a></b></p><p><blockquote><b>2.<a href=\"https://laohu8.com/S/WDAY\">工作日</a></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/748691e6368293a02ca46db7c07e50b6\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Coolcaesar / Wikimedia Commons</p><p><blockquote>酷凯撒/维基共享资源</blockquote></p><p> Next up, we have cloud computing technologist Workday, which Goldman raised its price target on from $300 to $330 per share. In other words, Goldman analyst Kash Rangan sees upside of about 20% from where Workday currently trades.</p><p><blockquote>接下来是云计算技术专家Workday，高盛将其目标股价从每股300美元上调至330美元。换句话说，高盛分析师Kash Rangan认为Workday目前的交易价格还有约20%的上涨空间。</blockquote></p><p> Rangan also reiterated his Buy rating on the stock.</p><p><blockquote>兰根还重申了对该股的买入评级。</blockquote></p><p> In a research note to investors, Rangan wrote that Workday is well-positioned to take market share over the long haul even as the exact timing of its large financial migrations remains unclear.</p><p><blockquote>兰根在给投资者的一份研究报告中写道，Workday处于有利地位，可以长期占领市场份额，尽管其大规模金融迁移的确切时间仍不清楚。</blockquote></p><p> In its Q2 results last week, Workday blew out expectations with revenue growth of 19%. The company also posted non-GAAP earnings of $1.23 a share, well above the average analyst estimate of 78 cents a share.</p><p><blockquote>Workday在上周的第二季度业绩中，收入增长19%，超出预期。该公司还公布了非公认会计准则每股收益1.23美元，远高于分析师平均预期的每股78美分。</blockquote></p><p> Workday shares are up just 13% so far in 2021 versus 21% for the S&amp;P 500.</p><p><blockquote>2021年迄今为止，Workday股价仅上涨13%，而标普500股价上涨21%。</blockquote></p><p> <b>3. <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b></p><p><blockquote><b>3.<a href=\"https://laohu8.com/S/SNOW\">雪花</a></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/644eebc7b4206b78957037f755a44c03\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Sundry Photography / Shutterstock</p><p><blockquote>杂项摄影/Shutterstock</blockquote></p><p> Rounding out our list is cloud-based data platform Snowflake, which Goldman’s Rangan lifted his price target on from $300 to $340. Rangan’s projection represents 14% worth of upside for today’s buyers of Snowflake shares.</p><p><blockquote>我们的名单中还有基于云的数据平台Snowflake，高盛的Rangan将其目标价从300美元上调至340美元。Rangan的预测对于今天的Snowflake股票买家来说有14%的上涨空间。</blockquote></p><p> Rangan thinks Snowflake’s native cloud platform is ideally positioned to replace data warehousing services over the long haul due to its scalability and elasticity. Rangan also highlighted the company’s “best in class” net revenue retention rate of 169% in the most recent quarter.</p><p><blockquote>Rangan认为，由于其可扩展性和弹性，Snowflake的原生云平台非常适合长期取代数据仓库服务。Rangan还强调了该公司最近一个季度169%的“同类最佳”净收入保留率。</blockquote></p><p> While Snowflake posted a wider-than-expected loss in Q2, revenue more than doubled from the year-ago period to $272 million.</p><p><blockquote>尽管Snowflake第二季度亏损超出预期，但收入较去年同期增长了一倍多，达到2.72亿美元。</blockquote></p><p> Snowflake shares are up 6% year to date, underperforming the S&amp;P 500 by a wide margin, suggesting that the stock could have plenty of room to run for the rest of 2021.</p><p><blockquote>Snowflake股价今年迄今已上涨6%，表现大幅落后于标普500，这表明该股在2021年剩余时间内可能还有很大的上涨空间。</blockquote></p><p> Go your own way?</p><p><blockquote>走自己的路？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ffc1d02d5bf11b54fceefed05d81522d\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Fotokostic / Shutterstock</p><p><blockquote>光声/Shutterstock</blockquote></p><p> There you have it: three newly upgraded stocks worth checking out.</p><p><blockquote>现在你知道了：三只新升级的股票值得一看。</blockquote></p><p> Even if you don't agree with Goldman on these specific stock picks, your goal as investor should always remain the same: seeking out attractive assets at discounted prices.</p><p><blockquote>即使您不同意高盛在这些特定股票选择上的观点，作为投资者，您的目标也应该始终保持不变：以折扣价寻找有吸引力的资产。</blockquote></p><p> You don't have to limit yourself to the stock market, either.</p><p><blockquote>你也不必局限于股票市场。</blockquote></p><p> One attractive asset that billionaire Bill Gates is partial to is investing in U.S. farmland.</p><p><blockquote>亿万富翁比尔·盖茨偏爱的一项有吸引力的资产是投资美国农田。</blockquote></p><p> In fact, Gates is America's biggest owner of farmland and for good reason: Over the years, agriculture has been shown to offer higher risk-adjusted returns than both stocks and real estate.</p><p><blockquote>事实上，盖茨是美国最大的农田所有者，这是有充分理由的：多年来，农业已被证明比股票和房地产提供更高的风险调整回报。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://moneywise.com/investing/stocks/goldman-sachs-sees-as-much-as-33-upside-in-these-stocks-peek-before-they-pop\">MoneyWise</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WDAY":"Workday","WEBR":"Weber Inc.","GS":"高盛","SNOW":"Snowflake"},"source_url":"https://moneywise.com/investing/stocks/goldman-sachs-sees-as-much-as-33-upside-in-these-stocks-peek-before-they-pop","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164866771","content_text":"Goldman believes this trio of stocks can take off.\n\nWall Street doesn’t always get it right.\nIn fact, it’s always good practice to take analyst opinions with a golf ball-sized grain of salt. That said, Wall Street firms with solid track records can be a useful source of buy ideas.\nLet’s look at three stocks that investment giant Goldman Sachs has recently taken a bullish stance on.\nOne of them could very well be your next big money-maker.\n1. Weber\nBrett Levin / Flickr\nLeading off our list is grill maker Weber, which Goldman started coverage on with a Buy rating Monday. Along with the bullish stance, Goldman analyst Kate McShane planted a $22 price target on the shares, representing upside of about 33% from where they sit now.\nWith the trend of investing in the home only picking up pace, McShane thinks Weber is a “solid growth story.” The analyst also sees the company benefitting from consumer brand awareness and global growth tailwinds.\nIn 2020, the company posted revenue of $1.5 billion with a solid return on invested capital of 14%.\nWeber shares quickly spiked after their IPO earlier this month, but have fallen 17% since the initial run-up, providing a possible opportunity for contrarian traders.\n2. Workday\nCoolcaesar / Wikimedia Commons\nNext up, we have cloud computing technologist Workday, which Goldman raised its price target on from $300 to $330 per share. In other words, Goldman analyst Kash Rangan sees upside of about 20% from where Workday currently trades.\nRangan also reiterated his Buy rating on the stock.\nIn a research note to investors, Rangan wrote that Workday is well-positioned to take market share over the long haul even as the exact timing of its large financial migrations remains unclear.\nIn its Q2 results last week, Workday blew out expectations with revenue growth of 19%. The company also posted non-GAAP earnings of $1.23 a share, well above the average analyst estimate of 78 cents a share.\nWorkday shares are up just 13% so far in 2021 versus 21% for the S&P 500.\n3. Snowflake\nSundry Photography / Shutterstock\nRounding out our list is cloud-based data platform Snowflake, which Goldman’s Rangan lifted his price target on from $300 to $340. Rangan’s projection represents 14% worth of upside for today’s buyers of Snowflake shares.\nRangan thinks Snowflake’s native cloud platform is ideally positioned to replace data warehousing services over the long haul due to its scalability and elasticity. Rangan also highlighted the company’s “best in class” net revenue retention rate of 169% in the most recent quarter.\nWhile Snowflake posted a wider-than-expected loss in Q2, revenue more than doubled from the year-ago period to $272 million.\nSnowflake shares are up 6% year to date, underperforming the S&P 500 by a wide margin, suggesting that the stock could have plenty of room to run for the rest of 2021.\nGo your own way?\nFotokostic / Shutterstock\nThere you have it: three newly upgraded stocks worth checking out.\nEven if you don't agree with Goldman on these specific stock picks, your goal as investor should always remain the same: seeking out attractive assets at discounted prices.\nYou don't have to limit yourself to the stock market, either.\nOne attractive asset that billionaire Bill Gates is partial to is investing in U.S. farmland.\nIn fact, Gates is America's biggest owner of farmland and for good reason: Over the years, agriculture has been shown to offer higher risk-adjusted returns than both stocks and real estate.","news_type":1,"symbols_score_info":{"SNOW":0.9,"WDAY":0.9,"WEBR":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":1325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834372877,"gmtCreate":1629775862299,"gmtModify":1633682507766,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Coy with deepest pocket will win","listText":"Coy with deepest pocket will win","text":"Coy with deepest pocket will win","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834372877","repostId":"1103523722","repostType":4,"repost":{"id":"1103523722","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":1629726550,"share":"https://www.laohu8.com/m/news/1103523722?lang=zh_CN&edition=full","pubTime":"2021-08-23 21:49","market":"us","language":"en","title":"EV stocks surged in Monday morning trading<blockquote>电动汽车股周一早盘飙升</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103523722","media":"Tiger Newspress","summary":"EV stocks surged in Monday morning trading.Tesla,Nio and Li Auto shares rose more than 2%.Tesla has officially started Model Y deliveries in Europe.It was a long wait for customers and interestingly, the first deliveries were achieved through a change in strategy for Tesla.Tesla first unveiled the Model Y in March of 2020 and delivered the first units of the electric SUV in the US almost exactly a year later.Like any new introduction from Tesla, European buyers generally have to wait until Fremo","content":"<p>EV stocks surged in Monday morning trading.Tesla,Nio&nbsp;and Li Auto&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;2%.</p><p><blockquote>电动汽车股周一早盘飙升。特斯拉、蔚来和理想汽车股价上涨超过2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9b189db1a61970659fe3cfa28abccaea\" tg-width=\"360\" tg-height=\"722\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tesla&nbsp;has officially started Model Y deliveries in Europe.</p><p><blockquote>特斯拉已正式开始在欧洲交付Model Y。</blockquote></p><p> It was a long wait for customers and interestingly, the first deliveries were achieved through a change in strategy for Tesla.</p><p><blockquote>对于客户来说，这是一个漫长的等待，有趣的是，第一批交付是通过特斯拉战略的改变实现的。</blockquote></p><p> Tesla first unveiled the Model Y in March of 2020 and delivered the first units of the electric SUV in the US almost exactly a year later.</p><p><blockquote>特斯拉于2020年3月首次推出Model Y，并在几乎整整一年后在美国交付了第一批电动SUV。</blockquote></p><p> Like any new introduction from Tesla, European buyers generally have to wait until Fremont factory starts producing batches of European versions of the new cars and ships them to the old continent.</p><p><blockquote>与任何来自特斯拉的新产品一样，欧洲买家通常必须等到Fremont工厂开始批量生产欧洲版本的新车并将其运往旧大陆。</blockquote></p><p> However, the automaker announced a change in strategy to introduce Model Y in Europe and China.</p><p><blockquote>然而，该汽车制造商宣布改变战略，在欧洲和中国推出Model Y。</blockquote></p><p> Tesla said that it would only start deliveries in those markets after achieving new local production at Gigafactory Shanghai and Gigafactory Berlin.</p><p><blockquote>特斯拉表示，只有在上海超级工厂和柏林超级工厂实现新的本地生产后，才会在这些市场开始交付。</blockquote></p><p> This was achieved in a record time in China, and&nbsp;Tesla started Model Y deliveries in the market earlier this year.</p><p><blockquote>这在国内以创纪录的时间实现，特斯拉今年早些时候开始在市场上交付Model Y。</blockquote></p><p> It has been a different story in Europe.</p><p><blockquote>在欧洲，情况有所不同。</blockquote></p><p> Tesla has run into some challenges in starting production at Gigafactory Berlin, and the timeline has shifted from July 2021 to October 2021.</p><p><blockquote>特斯拉在柏林超级工厂投产时遇到了一些挑战，时间表从2021年7月转移到了2021年10月。</blockquote></p><p> But instead of waiting to start deliveries of the new Model Y, Tesla has decided to export Model Y vehicles produced at Gigafactory Shanghai to European markets.</p><p><blockquote>但特斯拉并没有等待开始交付新款Model Y，而是决定将上海超级工厂生产的Model Y汽车出口到欧洲市场。</blockquote></p><p> We recently reported that&nbsp;Tesla exported over 8,000 Model Ys from China last month, with most of them expected to come to Europe.</p><p><blockquote>我们最近报道称，特斯拉上个月从中国出口了超过8000辆Model Y，其中大部分预计将销往欧洲。</blockquote></p><p> They werespotted for the first timetwo weeks ago.</p><p><blockquote>他们两周前第一次被发现。</blockquote></p><p> Now we can confirm that Tesla has officially started Model Y deliveries in Europe.</p><p><blockquote>现在我们可以确认，特斯拉已经在欧洲正式开始Model Y交付。</blockquote></p><p> Can Dogan, a senior Tesla advisor at the store and service center inDortmund, Germany, posted a picture of the first European Model Y delivery on&nbsp;LinkedIn:</p><p><blockquote>德国多特蒙德商店和服务中心的高级特斯拉顾问Can Dogan在LinkedIn上发布了第一辆欧洲Model Y交付的图片：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ba472849be1800fdf041761fe34f58ba\" tg-width=\"1478\" tg-height=\"1108\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The electric vehicle has also been spotted in several other European markets, like Norway and the Netherlands, where deliveries are also expected to start soon.</p><p><blockquote>这款电动汽车也出现在挪威和荷兰等其他几个欧洲市场，预计也将很快开始交付。</blockquote></p><p> It will be interesting to see how the Model Y contributes to electric vehicle sales in Europe in the coming months – though the real volume is expected to come with local production next year.</p><p><blockquote>未来几个月，Model Y如何为欧洲电动汽车销售做出贡献将会很有趣——尽管实际销量预计将于明年在当地生产。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV stocks surged in Monday morning trading<blockquote>电动汽车股周一早盘飙升</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV stocks surged in Monday morning trading<blockquote>电动汽车股周一早盘飙升</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-08-23 21:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV stocks surged in Monday morning trading.Tesla,Nio&nbsp;and Li Auto&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;2%.</p><p><blockquote>电动汽车股周一早盘飙升。特斯拉、蔚来和理想汽车股价上涨超过2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9b189db1a61970659fe3cfa28abccaea\" tg-width=\"360\" tg-height=\"722\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tesla&nbsp;has officially started Model Y deliveries in Europe.</p><p><blockquote>特斯拉已正式开始在欧洲交付Model Y。</blockquote></p><p> It was a long wait for customers and interestingly, the first deliveries were achieved through a change in strategy for Tesla.</p><p><blockquote>对于客户来说，这是一个漫长的等待，有趣的是，第一批交付是通过特斯拉战略的改变实现的。</blockquote></p><p> Tesla first unveiled the Model Y in March of 2020 and delivered the first units of the electric SUV in the US almost exactly a year later.</p><p><blockquote>特斯拉于2020年3月首次推出Model Y，并在几乎整整一年后在美国交付了第一批电动SUV。</blockquote></p><p> Like any new introduction from Tesla, European buyers generally have to wait until Fremont factory starts producing batches of European versions of the new cars and ships them to the old continent.</p><p><blockquote>与任何来自特斯拉的新产品一样，欧洲买家通常必须等到Fremont工厂开始批量生产欧洲版本的新车并将其运往旧大陆。</blockquote></p><p> However, the automaker announced a change in strategy to introduce Model Y in Europe and China.</p><p><blockquote>然而，该汽车制造商宣布改变战略，在欧洲和中国推出Model Y。</blockquote></p><p> Tesla said that it would only start deliveries in those markets after achieving new local production at Gigafactory Shanghai and Gigafactory Berlin.</p><p><blockquote>特斯拉表示，只有在上海超级工厂和柏林超级工厂实现新的本地生产后，才会在这些市场开始交付。</blockquote></p><p> This was achieved in a record time in China, and&nbsp;Tesla started Model Y deliveries in the market earlier this year.</p><p><blockquote>这在国内以创纪录的时间实现，特斯拉今年早些时候开始在市场上交付Model Y。</blockquote></p><p> It has been a different story in Europe.</p><p><blockquote>在欧洲，情况有所不同。</blockquote></p><p> Tesla has run into some challenges in starting production at Gigafactory Berlin, and the timeline has shifted from July 2021 to October 2021.</p><p><blockquote>特斯拉在柏林超级工厂投产时遇到了一些挑战，时间表从2021年7月转移到了2021年10月。</blockquote></p><p> But instead of waiting to start deliveries of the new Model Y, Tesla has decided to export Model Y vehicles produced at Gigafactory Shanghai to European markets.</p><p><blockquote>但特斯拉并没有等待开始交付新款Model Y，而是决定将上海超级工厂生产的Model Y汽车出口到欧洲市场。</blockquote></p><p> We recently reported that&nbsp;Tesla exported over 8,000 Model Ys from China last month, with most of them expected to come to Europe.</p><p><blockquote>我们最近报道称，特斯拉上个月从中国出口了超过8000辆Model Y，其中大部分预计将销往欧洲。</blockquote></p><p> They werespotted for the first timetwo weeks ago.</p><p><blockquote>他们两周前第一次被发现。</blockquote></p><p> Now we can confirm that Tesla has officially started Model Y deliveries in Europe.</p><p><blockquote>现在我们可以确认，特斯拉已经在欧洲正式开始Model Y交付。</blockquote></p><p> Can Dogan, a senior Tesla advisor at the store and service center inDortmund, Germany, posted a picture of the first European Model Y delivery on&nbsp;LinkedIn:</p><p><blockquote>德国多特蒙德商店和服务中心的高级特斯拉顾问Can Dogan在LinkedIn上发布了第一辆欧洲Model Y交付的图片：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ba472849be1800fdf041761fe34f58ba\" tg-width=\"1478\" tg-height=\"1108\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The electric vehicle has also been spotted in several other European markets, like Norway and the Netherlands, where deliveries are also expected to start soon.</p><p><blockquote>这款电动汽车也出现在挪威和荷兰等其他几个欧洲市场，预计也将很快开始交付。</blockquote></p><p> It will be interesting to see how the Model Y contributes to electric vehicle sales in Europe in the coming months – though the real volume is expected to come with local production next year.</p><p><blockquote>未来几个月，Model Y如何为欧洲电动汽车销售做出贡献将会很有趣——尽管实际销量预计将于明年在当地生产。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","LI":"理想汽车","TSLA":"特斯拉","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103523722","content_text":"EV stocks surged in Monday morning trading.Tesla,Nio and Li Auto shares rose more than 2%.\n\nTesla has officially started Model Y deliveries in Europe.\nIt was a long wait for customers and interestingly, the first deliveries were achieved through a change in strategy for Tesla.\nTesla first unveiled the Model Y in March of 2020 and delivered the first units of the electric SUV in the US almost exactly a year later.\nLike any new introduction from Tesla, European buyers generally have to wait until Fremont factory starts producing batches of European versions of the new cars and ships them to the old continent.\nHowever, the automaker announced a change in strategy to introduce Model Y in Europe and China.\nTesla said that it would only start deliveries in those markets after achieving new local production at Gigafactory Shanghai and Gigafactory Berlin.\nThis was achieved in a record time in China, and Tesla started Model Y deliveries in the market earlier this year.\nIt has been a different story in Europe.\nTesla has run into some challenges in starting production at Gigafactory Berlin, and the timeline has shifted from July 2021 to October 2021.\nBut instead of waiting to start deliveries of the new Model Y, Tesla has decided to export Model Y vehicles produced at Gigafactory Shanghai to European markets.\nWe recently reported that Tesla exported over 8,000 Model Ys from China last month, with most of them expected to come to Europe.\nThey werespotted for the first timetwo weeks ago.\nNow we can confirm that Tesla has officially started Model Y deliveries in Europe.\nCan Dogan, a senior Tesla advisor at the store and service center inDortmund, Germany, posted a picture of the first European Model Y delivery on LinkedIn:\n\nThe electric vehicle has also been spotted in several other European markets, like Norway and the Netherlands, where deliveries are also expected to start soon.\nIt will be interesting to see how the Model Y contributes to electric vehicle sales in Europe in the coming months – though the real volume is expected to come with local production next year.","news_type":1,"symbols_score_info":{"TSLA":0.9,"XPEV":0.9,"NIO":0.9,"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889877038,"gmtCreate":1631143659624,"gmtModify":1631883991588,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Hope ✅&nbsp;","listText":"Hope ✅&nbsp;","text":"Hope ✅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889877038","repostId":"1145747566","repostType":4,"repost":{"id":"1145747566","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":1631142938,"share":"https://www.laohu8.com/m/news/1145747566?lang=zh_CN&edition=full","pubTime":"2021-09-09 07:15","market":"us","language":"en","title":"GameStop Stock Slumps After Wider-Than-Expected Second Quarter Loss<blockquote>游戏驿站第二季度亏损超出预期后股价暴跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145747566","media":"Tiger Newspress","summary":"(Update: Sept 9, 2021 at 04:09 a.m. ET)\nGameStop Report posted a wider-than-expected second quarter ","content":"<p><i><b>(Update: Sept 9, 2021 at 04:09 a.m. ET)</b></i></p><p><blockquote><i><b>（更新：美国东部时间2021年9月9日凌晨04:09）</b></i></blockquote></p><p> GameStop&nbsp;Report&nbsp;posted a wider-than-expected second quarter loss Wednesday, but topped Street sales forecasts as brick-and-mortar stores saw increased traffic as pandemic restrictions around the country eased.</p><p><blockquote>游戏驿站报告周三公布的第二季度亏损超出预期，但超出了街头销售预期，因为随着全国各地疫情限制的放松，实体店的客流量增加。</blockquote></p><p> Shares of video game retailer&nbsp;GameStop&nbsp;fell about 7% in premarket trading Thursday.</p><p><blockquote>视频游戏零售商游戏驿站的股价在周四盘前交易中下跌约7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b39dbf39834fbbc4475da402e54b9356\" tg-width=\"1034\" tg-height=\"569\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> GameStop said its adjusted loss for the three months ending on July 31 was pegged at 76 per share, narrowing from a loss of $1.42 per share over the same period last year but wider than the Street consensus forecast of -66 cents per share. GameStop's reported loss was 85 cents per share. Group revenues, GameStop said, rose 25.6% from last year to $1.183 billion, topping analysts estimates of $1.12 billion.</p><p><blockquote>游戏驿站表示，截至7月31日的三个月调整后亏损为每股76美元，较去年同期每股亏损1.42美元有所收窄，但高于华尔街普遍预测的每股-66美分。游戏驿站报告每股亏损85美分。游戏驿站表示，集团收入较去年增长25.6%，达到11.83亿美元，超过分析师预期的11.2亿美元。</blockquote></p><p> During the second quarter of 2021, most of our stores in all jurisdictions returned to normal operations,\" GameStop said in a Securities &amp; Exchange Commission filing. \"However, with the resurgence of COVID-19 cases due to variants, we experienced some temporary closures in our Australian segment prior to the end of the second quarter of 2021.</p><p><blockquote>2021年第二季度，我们在所有司法管辖区的大多数商店都恢复了正常运营，”游戏驿站在向美国证券交易委员会提交的文件中表示。“然而，随着COVID-19病例因变异而死灰复燃，我们的澳大利亚业务在2021年第二季度末之前经历了一些临时关闭。</blockquote></p><p> The retailer did not provide an outlook for the coming quarters or take questions during its earnings conference call. It was the first call since CEO Matthew Furlong and CFO Mike Recupero joined GameStop’s leadership.</p><p><blockquote>该零售商没有提供未来几个季度的前景，也没有在财报电话会议上回答问题。这是自首席执行官Matthew Furlong和首席财务官Mike Recupero加入游戏驿站领导层以来的第一次看涨期权。</blockquote></p><p> The retailer also said the U.S. Securities and Exchange Commission has requested additional documents for&nbsp;a probe into GameStop and other companies’ trading activity, which the company had disclosed in May. GameStop said the inquiry is not expected to negatively impact the company.</p><p><blockquote>该零售商还表示，美国证券交易委员会已要求提供更多文件，以调查游戏驿站和其他公司的交易活动，该公司已于5月份披露了这些活动。游戏驿站表示，预计调查不会对公司产生负面影响。</blockquote></p><p> GameStop has been trying to&nbsp;shift its business more toward e-commerce. In an effort to improve the delivery of online orders, the company announced it signed a lease for a 530,000-square-foot fulfillment center in Reno, Nevada. The site will help it to expand its fulfillment network across both U.S. coasts.</p><p><blockquote>游戏驿站一直试图将其业务更多地转向电子商务。为了改善在线订单的交付，该公司宣布在内华达州里诺签署了一份530,000平方英尺的履行中心的租约。该网站将帮助其扩大其在美国两个海岸的履行网络。</blockquote></p><p> The retailer is also working to expand its customer care operations in the U.S. by leasing a center in Pembroke Pines, Florida.</p><p><blockquote>该零售商还致力于通过在佛罗里达州彭布罗克派恩斯租赁一个中心来扩大其在美国的客户服务业务。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Slumps After Wider-Than-Expected Second Quarter Loss<blockquote>游戏驿站第二季度亏损超出预期后股价暴跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Slumps After Wider-Than-Expected Second Quarter Loss<blockquote>游戏驿站第二季度亏损超出预期后股价暴跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-09-09 07:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><i><b>(Update: Sept 9, 2021 at 04:09 a.m. ET)</b></i></p><p><blockquote><i><b>（更新：美国东部时间2021年9月9日凌晨04:09）</b></i></blockquote></p><p> GameStop&nbsp;Report&nbsp;posted a wider-than-expected second quarter loss Wednesday, but topped Street sales forecasts as brick-and-mortar stores saw increased traffic as pandemic restrictions around the country eased.</p><p><blockquote>游戏驿站报告周三公布的第二季度亏损超出预期，但超出了街头销售预期，因为随着全国各地疫情限制的放松，实体店的客流量增加。</blockquote></p><p> Shares of video game retailer&nbsp;GameStop&nbsp;fell about 7% in premarket trading Thursday.</p><p><blockquote>视频游戏零售商游戏驿站的股价在周四盘前交易中下跌约7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b39dbf39834fbbc4475da402e54b9356\" tg-width=\"1034\" tg-height=\"569\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> GameStop said its adjusted loss for the three months ending on July 31 was pegged at 76 per share, narrowing from a loss of $1.42 per share over the same period last year but wider than the Street consensus forecast of -66 cents per share. GameStop's reported loss was 85 cents per share. Group revenues, GameStop said, rose 25.6% from last year to $1.183 billion, topping analysts estimates of $1.12 billion.</p><p><blockquote>游戏驿站表示，截至7月31日的三个月调整后亏损为每股76美元，较去年同期每股亏损1.42美元有所收窄，但高于华尔街普遍预测的每股-66美分。游戏驿站报告每股亏损85美分。游戏驿站表示，集团收入较去年增长25.6%，达到11.83亿美元，超过分析师预期的11.2亿美元。</blockquote></p><p> During the second quarter of 2021, most of our stores in all jurisdictions returned to normal operations,\" GameStop said in a Securities &amp; Exchange Commission filing. \"However, with the resurgence of COVID-19 cases due to variants, we experienced some temporary closures in our Australian segment prior to the end of the second quarter of 2021.</p><p><blockquote>2021年第二季度，我们在所有司法管辖区的大多数商店都恢复了正常运营，”游戏驿站在向美国证券交易委员会提交的文件中表示。“然而，随着COVID-19病例因变异而死灰复燃，我们的澳大利亚业务在2021年第二季度末之前经历了一些临时关闭。</blockquote></p><p> The retailer did not provide an outlook for the coming quarters or take questions during its earnings conference call. It was the first call since CEO Matthew Furlong and CFO Mike Recupero joined GameStop’s leadership.</p><p><blockquote>该零售商没有提供未来几个季度的前景，也没有在财报电话会议上回答问题。这是自首席执行官Matthew Furlong和首席财务官Mike Recupero加入游戏驿站领导层以来的第一次看涨期权。</blockquote></p><p> The retailer also said the U.S. Securities and Exchange Commission has requested additional documents for&nbsp;a probe into GameStop and other companies’ trading activity, which the company had disclosed in May. GameStop said the inquiry is not expected to negatively impact the company.</p><p><blockquote>该零售商还表示，美国证券交易委员会已要求提供更多文件，以调查游戏驿站和其他公司的交易活动，该公司已于5月份披露了这些活动。游戏驿站表示，预计调查不会对公司产生负面影响。</blockquote></p><p> GameStop has been trying to&nbsp;shift its business more toward e-commerce. In an effort to improve the delivery of online orders, the company announced it signed a lease for a 530,000-square-foot fulfillment center in Reno, Nevada. The site will help it to expand its fulfillment network across both U.S. coasts.</p><p><blockquote>游戏驿站一直试图将其业务更多地转向电子商务。为了改善在线订单的交付，该公司宣布在内华达州里诺签署了一份530,000平方英尺的履行中心的租约。该网站将帮助其扩大其在美国两个海岸的履行网络。</blockquote></p><p> The retailer is also working to expand its customer care operations in the U.S. by leasing a center in Pembroke Pines, Florida.</p><p><blockquote>该零售商还致力于通过在佛罗里达州彭布罗克派恩斯租赁一个中心来扩大其在美国的客户服务业务。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145747566","content_text":"(Update: Sept 9, 2021 at 04:09 a.m. ET)\nGameStop Report posted a wider-than-expected second quarter loss Wednesday, but topped Street sales forecasts as brick-and-mortar stores saw increased traffic as pandemic restrictions around the country eased.\nShares of video game retailer GameStop fell about 7% in premarket trading Thursday.\n\nGameStop said its adjusted loss for the three months ending on July 31 was pegged at 76 per share, narrowing from a loss of $1.42 per share over the same period last year but wider than the Street consensus forecast of -66 cents per share. GameStop's reported loss was 85 cents per share. Group revenues, GameStop said, rose 25.6% from last year to $1.183 billion, topping analysts estimates of $1.12 billion.\nDuring the second quarter of 2021, most of our stores in all jurisdictions returned to normal operations,\" GameStop said in a Securities & Exchange Commission filing. \"However, with the resurgence of COVID-19 cases due to variants, we experienced some temporary closures in our Australian segment prior to the end of the second quarter of 2021.\nThe retailer did not provide an outlook for the coming quarters or take questions during its earnings conference call. It was the first call since CEO Matthew Furlong and CFO Mike Recupero joined GameStop’s leadership.\nThe retailer also said the U.S. Securities and Exchange Commission has requested additional documents for a probe into GameStop and other companies’ trading activity, which the company had disclosed in May. GameStop said the inquiry is not expected to negatively impact the company.\nGameStop has been trying to shift its business more toward e-commerce. In an effort to improve the delivery of online orders, the company announced it signed a lease for a 530,000-square-foot fulfillment center in Reno, Nevada. The site will help it to expand its fulfillment network across both U.S. coasts.\nThe retailer is also working to expand its customer care operations in the U.S. by leasing a center in Pembroke Pines, Florida.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813203579,"gmtCreate":1630202574191,"gmtModify":1704956941181,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Hope it up more","listText":"Hope it up more","text":"Hope it up more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813203579","repostId":"2162024053","repostType":4,"isVote":1,"tweetType":1,"viewCount":1640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837960668,"gmtCreate":1629852829354,"gmtModify":1633681972376,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"More challenges ahead","listText":"More challenges ahead","text":"More challenges ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837960668","repostId":"1123156655","repostType":4,"repost":{"id":"1123156655","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":1629814580,"share":"https://www.laohu8.com/m/news/1123156655?lang=zh_CN&edition=full","pubTime":"2021-08-24 22:16","market":"us","language":"en","title":"“Infrastructure Plan and Welfare Plan” - The Second “Trouble” That Biden Has to Deal with<blockquote>“基建计划和福利计划”——拜登要处理的第二个“麻烦”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123156655","media":"Tiger Newspress","summary":"The crises hidden behind the Kabul airport have formed the first trouble that Biden has to face, as ","content":"<p>The crises hidden behind the Kabul airport have formed the first trouble that Biden has to face, as we discussed in the article posted on August 23. And what's the second problem? The answer is \"infrastructure plan&nbsp;&amp; welfare plan.\"</p><p><blockquote>隐藏在喀布尔机场背后的危机已经形成了拜登必须面对的第一个麻烦，正如我们在8月23日发布的文章中所讨论的那样。第二个问题是什么？答案是“基础设施计划和福利计划”。</blockquote></p><p> The withdrawal of troops from Afghanistan has made the whole world feel the weakening of US military forces. In the meantime, the troop withdrawal has also given the Democratic Party a reason for infighting. Biden's infrastructure plan has been promoted in a high-profile manner since the first day he took office. However, the infrastructure plan encountered obstacles.</p><p><blockquote>从阿富汗撤军，让全世界都感受到了美国军事力量的削弱。其间，撤军也给了民主党内斗的理由。拜登的基建计划从上任第一天起就高调推进。然而，基建计划遇到了障碍。</blockquote></p><p> According to the statement made by major investment banks in the United States yesterday, it is impossible for these 9 Democratic centrists to kick against the pricks. One reason is that none of these 9 Democratic congressmen are well-known enough. The second reason is that the bills promoted by the White House in the past 40 years have never been successfully \"kidnapped\" by the Democratic centrists. If the 9 Democratic centrists work together, it is indeed possible to prevent both plans from being passed together. If so, the likelihood that the infrastructure plan will not be passed is going to be thicker. Failure to pass the infrastructure plan will not only lead to the collapse of Biden's advantages but also the breakdown of the Democratic Party's mid-term elections next year. Therefore, the market judges that the $4.5 trillion plan will be launched as scheduled.</p><p><blockquote>按照美国各大投行昨日的表态，这9位民主党中间派根本不可能一脚踢到刺头上。一个原因是，这9名民主党议员都不够知名。第二个原因是，过去40年白宫力推的法案从未被民主党中间派成功“绑架”。如果民主党9名中间派共同努力，确实有可能阻止两个方案一起通过。如果是这样，基础设施计划不被通过的可能性将会更大。基建计划不能通过，不仅会导致拜登优势崩塌也会导致民主党明年中期选举的破局。因此，市场判断4.5万亿美元计划将如期推出。</blockquote></p><p> At a superficial level, the struggle is followed by the incompatibility between infrastructure plan and welfare plan; but from a deeper perspective, it is the disharmony between the Democratic centrist and the extreme left-wing.</p><p><blockquote>从表面上看，斗争之后是基建计划与福利计划的不相容；但从更深层次看，则是民主党中间派与极左翼的不和谐。</blockquote></p><p> It is pretty easy for the infrastructure plan to be approved by Congress and the White House alone. But the extreme left-wing realizes that once the $1 trillion infrastructure plan is passed alone, the $3.5 trillion welfare plan will completely come to nothing. So, the left-wing in the House of Representatives got the drop on the issue, indicating that either the two plans are passed together, or none of them are passed. It is said that there are 50 people in the extreme left-wing under the House of Representatives, which makes it hard to offend them.</p><p><blockquote>基础设施计划很容易获得国会和白宫的批准。但极左翼意识到，一旦1万亿美元的基础设施计划单独通过，3.5万亿美元的福利计划将彻底化为乌有。因此，众议院的左翼在这个问题上让步了，表明要么这两个计划一起通过，要么都不通过。据说众议院下面的极左有50人，很难得罪。</blockquote></p><p> Biden's taking the crown in the White House benefited from his identity of Democratic centrist to a large extent. Not only is he a centrist, but the leaders of both houses of the Democratic Party are holding a background of a centrist. However, after Biden came to power, he was unconsciously coerced by the extreme left-wing in the middle of the policy agenda, and the leaders of the two houses of the Democratic Party were kidnapped in thoughts even more severely.</p><p><blockquote>拜登在白宫摘得桂冠，很大程度上得益于其民主党中间派的身份。不仅他是中间派，民主党两院领导人都抱着中间派的背景。但拜登上台后，在施政纲领中段不自觉地被极左翼裹挟，民主党两院领袖在思想上被绑架的情况更加严重。</blockquote></p><p> In terms of the infrastructure plan and welfare plan, the two congressional leaders of the Democratic Party were very active in tying up the two plans, which finally dragged Biden into the mire. However, the statement made by Biden is still vague, suggesting that he is swaying precariously between the approval of the infrastructure plan and the support for both plans. As a result, both the centrists and the extreme left-wing say that their voice represents Biden's opinion.</p><p><blockquote>在基建计划和福利计划方面，民主党两位国会领袖非常积极地将两个计划捆绑在一起，最终将拜登拖入泥潭。然而，拜登的表态仍然含糊其辞，暗示他正在基建计划的批准和两项计划的支持之间摇摆不定。因此，中间派和极左翼都表示，他们的声音代表了拜登的意见。</blockquote></p><p> To pass the vote on Monday night, the leaders made great efforts on these 9 people during the weekend. Disappointedly, not only did the efforts beat a dead horse, but more Democrats were willing to join the group of these 9 people, including the 18-member Democratic Party group Blue Dog. The two Democrats in the Senate also supported the loosening of two plans. It should be noted that the support of these two people is necessary for the implementation of the $3.5 trillion plan. Like the predicament of Kabul Airport, if Biden cannot resolve the battle quickly in this fight, the division will inevitably spread.</p><p><blockquote>为了在周一晚上通过投票，领导们在周末期间在这9个人身上下了很大功夫。令人失望的是，不仅努力得不偿失，更多的民主党人愿意加入这9人的团体，包括18人组成的民主党团体蓝狗。参议院的两名民主党人也支持放松两项计划。需要注意的是，这两个人的支持对于3.5万亿美元计划的实施是必要的。和喀布尔机场的困境一样，拜登在这场战斗中如果不能迅速化解战局，分裂必然会蔓延。</blockquote></p><p> <b>Now, there are 3 choices that Biden can make:</b></p><p><blockquote><b>现在，拜登可以做出3个选择：</b></blockquote></p><p> 1.&nbsp;Persuading these 9 people and other centrists to support the bundling of two plans, with the difficulty factor marking 70 points;</p><p><blockquote>1.说服这9人和其他中间派支持捆绑两个计划，难度系数打70分；</blockquote></p><p> 2.&nbsp;Persuading the extreme left-wing to give up the bundling, with the difficulty factor marking 90 points;</p><p><blockquote>2.劝说极左翼放弃捆绑，难度系数标注90分；</blockquote></p><p> 3.&nbsp;Abandoning the support from the extreme left-wing and trying his best to be endorsed by some Republican congressmen to support the infrastructure plan, with the difficulty factor marking 50 points.</p><p><blockquote>3、放弃来自极左翼的支持，竭力获得部分共和党议员背书，支持基建计划，难度系数为50分。</blockquote></p><p> The third choice is the easiest for the president to make. Biden and Democratic leaders are afraid to mention it now because it will make the left-wing feel \"betrayed,\" which may affect the result of the next election. The first choice is relatively easy, with little impact on the later stage. But, as time goes on, the forces of centrists will grow, too.</p><p><blockquote>第三种选择是总统最容易做出的。拜登和民主党领导人现在不敢提及，因为这会让左翼感到“被背叛”，这可能会影响下次选举的结果。第一种选择相对容易，对后期影响不大。但是，随着时间的推移，中间派的力量也会增长。</blockquote></p><p> If necessary, the decision on the predicament of Kabul Airport will be pended. But for Biden, the implementation of the infrastructure plan is imperative.</p><p><blockquote>如有必要，关于喀布尔机场困境的决定将悬而未决。但对拜登来说，基建计划的实施势在必行。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>“Infrastructure Plan and Welfare Plan” - The Second “Trouble” That Biden Has to Deal with<blockquote>“基建计划和福利计划”——拜登要处理的第二个“麻烦”</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n“Infrastructure Plan and Welfare Plan” - The Second “Trouble” That Biden Has to Deal with<blockquote>“基建计划和福利计划”——拜登要处理的第二个“麻烦”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-08-24 22:16</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The crises hidden behind the Kabul airport have formed the first trouble that Biden has to face, as we discussed in the article posted on August 23. And what's the second problem? The answer is \"infrastructure plan&nbsp;&amp; welfare plan.\"</p><p><blockquote>隐藏在喀布尔机场背后的危机已经形成了拜登必须面对的第一个麻烦，正如我们在8月23日发布的文章中所讨论的那样。第二个问题是什么？答案是“基础设施计划和福利计划”。</blockquote></p><p> The withdrawal of troops from Afghanistan has made the whole world feel the weakening of US military forces. In the meantime, the troop withdrawal has also given the Democratic Party a reason for infighting. Biden's infrastructure plan has been promoted in a high-profile manner since the first day he took office. However, the infrastructure plan encountered obstacles.</p><p><blockquote>从阿富汗撤军，让全世界都感受到了美国军事力量的削弱。其间，撤军也给了民主党内斗的理由。拜登的基建计划从上任第一天起就高调推进。然而，基建计划遇到了障碍。</blockquote></p><p> According to the statement made by major investment banks in the United States yesterday, it is impossible for these 9 Democratic centrists to kick against the pricks. One reason is that none of these 9 Democratic congressmen are well-known enough. The second reason is that the bills promoted by the White House in the past 40 years have never been successfully \"kidnapped\" by the Democratic centrists. If the 9 Democratic centrists work together, it is indeed possible to prevent both plans from being passed together. If so, the likelihood that the infrastructure plan will not be passed is going to be thicker. Failure to pass the infrastructure plan will not only lead to the collapse of Biden's advantages but also the breakdown of the Democratic Party's mid-term elections next year. Therefore, the market judges that the $4.5 trillion plan will be launched as scheduled.</p><p><blockquote>按照美国各大投行昨日的表态，这9位民主党中间派根本不可能一脚踢到刺头上。一个原因是，这9名民主党议员都不够知名。第二个原因是，过去40年白宫力推的法案从未被民主党中间派成功“绑架”。如果民主党9名中间派共同努力，确实有可能阻止两个方案一起通过。如果是这样，基础设施计划不被通过的可能性将会更大。基建计划不能通过，不仅会导致拜登优势崩塌也会导致民主党明年中期选举的破局。因此，市场判断4.5万亿美元计划将如期推出。</blockquote></p><p> At a superficial level, the struggle is followed by the incompatibility between infrastructure plan and welfare plan; but from a deeper perspective, it is the disharmony between the Democratic centrist and the extreme left-wing.</p><p><blockquote>从表面上看，斗争之后是基建计划与福利计划的不相容；但从更深层次看，则是民主党中间派与极左翼的不和谐。</blockquote></p><p> It is pretty easy for the infrastructure plan to be approved by Congress and the White House alone. But the extreme left-wing realizes that once the $1 trillion infrastructure plan is passed alone, the $3.5 trillion welfare plan will completely come to nothing. So, the left-wing in the House of Representatives got the drop on the issue, indicating that either the two plans are passed together, or none of them are passed. It is said that there are 50 people in the extreme left-wing under the House of Representatives, which makes it hard to offend them.</p><p><blockquote>基础设施计划很容易获得国会和白宫的批准。但极左翼意识到，一旦1万亿美元的基础设施计划单独通过，3.5万亿美元的福利计划将彻底化为乌有。因此，众议院的左翼在这个问题上让步了，表明要么这两个计划一起通过，要么都不通过。据说众议院下面的极左有50人，很难得罪。</blockquote></p><p> Biden's taking the crown in the White House benefited from his identity of Democratic centrist to a large extent. Not only is he a centrist, but the leaders of both houses of the Democratic Party are holding a background of a centrist. However, after Biden came to power, he was unconsciously coerced by the extreme left-wing in the middle of the policy agenda, and the leaders of the two houses of the Democratic Party were kidnapped in thoughts even more severely.</p><p><blockquote>拜登在白宫摘得桂冠，很大程度上得益于其民主党中间派的身份。不仅他是中间派，民主党两院领导人都抱着中间派的背景。但拜登上台后，在施政纲领中段不自觉地被极左翼裹挟，民主党两院领袖在思想上被绑架的情况更加严重。</blockquote></p><p> In terms of the infrastructure plan and welfare plan, the two congressional leaders of the Democratic Party were very active in tying up the two plans, which finally dragged Biden into the mire. However, the statement made by Biden is still vague, suggesting that he is swaying precariously between the approval of the infrastructure plan and the support for both plans. As a result, both the centrists and the extreme left-wing say that their voice represents Biden's opinion.</p><p><blockquote>在基建计划和福利计划方面，民主党两位国会领袖非常积极地将两个计划捆绑在一起，最终将拜登拖入泥潭。然而，拜登的表态仍然含糊其辞，暗示他正在基建计划的批准和两项计划的支持之间摇摆不定。因此，中间派和极左翼都表示，他们的声音代表了拜登的意见。</blockquote></p><p> To pass the vote on Monday night, the leaders made great efforts on these 9 people during the weekend. Disappointedly, not only did the efforts beat a dead horse, but more Democrats were willing to join the group of these 9 people, including the 18-member Democratic Party group Blue Dog. The two Democrats in the Senate also supported the loosening of two plans. It should be noted that the support of these two people is necessary for the implementation of the $3.5 trillion plan. Like the predicament of Kabul Airport, if Biden cannot resolve the battle quickly in this fight, the division will inevitably spread.</p><p><blockquote>为了在周一晚上通过投票，领导们在周末期间在这9个人身上下了很大功夫。令人失望的是，不仅努力得不偿失，更多的民主党人愿意加入这9人的团体，包括18人组成的民主党团体蓝狗。参议院的两名民主党人也支持放松两项计划。需要注意的是，这两个人的支持对于3.5万亿美元计划的实施是必要的。和喀布尔机场的困境一样，拜登在这场战斗中如果不能迅速化解战局，分裂必然会蔓延。</blockquote></p><p> <b>Now, there are 3 choices that Biden can make:</b></p><p><blockquote><b>现在，拜登可以做出3个选择：</b></blockquote></p><p> 1.&nbsp;Persuading these 9 people and other centrists to support the bundling of two plans, with the difficulty factor marking 70 points;</p><p><blockquote>1.说服这9人和其他中间派支持捆绑两个计划，难度系数打70分；</blockquote></p><p> 2.&nbsp;Persuading the extreme left-wing to give up the bundling, with the difficulty factor marking 90 points;</p><p><blockquote>2.劝说极左翼放弃捆绑，难度系数标注90分；</blockquote></p><p> 3.&nbsp;Abandoning the support from the extreme left-wing and trying his best to be endorsed by some Republican congressmen to support the infrastructure plan, with the difficulty factor marking 50 points.</p><p><blockquote>3、放弃来自极左翼的支持，竭力获得部分共和党议员背书，支持基建计划，难度系数为50分。</blockquote></p><p> The third choice is the easiest for the president to make. Biden and Democratic leaders are afraid to mention it now because it will make the left-wing feel \"betrayed,\" which may affect the result of the next election. The first choice is relatively easy, with little impact on the later stage. But, as time goes on, the forces of centrists will grow, too.</p><p><blockquote>第三种选择是总统最容易做出的。拜登和民主党领导人现在不敢提及，因为这会让左翼感到“被背叛”，这可能会影响下次选举的结果。第一种选择相对容易，对后期影响不大。但是，随着时间的推移，中间派的力量也会增长。</blockquote></p><p> If necessary, the decision on the predicament of Kabul Airport will be pended. But for Biden, the implementation of the infrastructure plan is imperative.</p><p><blockquote>如有必要，关于喀布尔机场困境的决定将悬而未决。但对拜登来说，基建计划的实施势在必行。</blockquote></p><p></p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123156655","content_text":"The crises hidden behind the Kabul airport have formed the first trouble that Biden has to face, as we discussed in the article posted on August 23. And what's the second problem? The answer is \"infrastructure plan & welfare plan.\"\nThe withdrawal of troops from Afghanistan has made the whole world feel the weakening of US military forces. In the meantime, the troop withdrawal has also given the Democratic Party a reason for infighting. Biden's infrastructure plan has been promoted in a high-profile manner since the first day he took office. However, the infrastructure plan encountered obstacles.\nAccording to the statement made by major investment banks in the United States yesterday, it is impossible for these 9 Democratic centrists to kick against the pricks. One reason is that none of these 9 Democratic congressmen are well-known enough. The second reason is that the bills promoted by the White House in the past 40 years have never been successfully \"kidnapped\" by the Democratic centrists. If the 9 Democratic centrists work together, it is indeed possible to prevent both plans from being passed together. If so, the likelihood that the infrastructure plan will not be passed is going to be thicker. Failure to pass the infrastructure plan will not only lead to the collapse of Biden's advantages but also the breakdown of the Democratic Party's mid-term elections next year. Therefore, the market judges that the $4.5 trillion plan will be launched as scheduled.\nAt a superficial level, the struggle is followed by the incompatibility between infrastructure plan and welfare plan; but from a deeper perspective, it is the disharmony between the Democratic centrist and the extreme left-wing.\nIt is pretty easy for the infrastructure plan to be approved by Congress and the White House alone. But the extreme left-wing realizes that once the $1 trillion infrastructure plan is passed alone, the $3.5 trillion welfare plan will completely come to nothing. So, the left-wing in the House of Representatives got the drop on the issue, indicating that either the two plans are passed together, or none of them are passed. It is said that there are 50 people in the extreme left-wing under the House of Representatives, which makes it hard to offend them.\nBiden's taking the crown in the White House benefited from his identity of Democratic centrist to a large extent. Not only is he a centrist, but the leaders of both houses of the Democratic Party are holding a background of a centrist. However, after Biden came to power, he was unconsciously coerced by the extreme left-wing in the middle of the policy agenda, and the leaders of the two houses of the Democratic Party were kidnapped in thoughts even more severely.\nIn terms of the infrastructure plan and welfare plan, the two congressional leaders of the Democratic Party were very active in tying up the two plans, which finally dragged Biden into the mire. However, the statement made by Biden is still vague, suggesting that he is swaying precariously between the approval of the infrastructure plan and the support for both plans. As a result, both the centrists and the extreme left-wing say that their voice represents Biden's opinion.\nTo pass the vote on Monday night, the leaders made great efforts on these 9 people during the weekend. Disappointedly, not only did the efforts beat a dead horse, but more Democrats were willing to join the group of these 9 people, including the 18-member Democratic Party group Blue Dog. The two Democrats in the Senate also supported the loosening of two plans. It should be noted that the support of these two people is necessary for the implementation of the $3.5 trillion plan. Like the predicament of Kabul Airport, if Biden cannot resolve the battle quickly in this fight, the division will inevitably spread.\nNow, there are 3 choices that Biden can make:\n1. Persuading these 9 people and other centrists to support the bundling of two plans, with the difficulty factor marking 70 points;\n2. Persuading the extreme left-wing to give up the bundling, with the difficulty factor marking 90 points;\n3. Abandoning the support from the extreme left-wing and trying his best to be endorsed by some Republican congressmen to support the infrastructure plan, with the difficulty factor marking 50 points.\nThe third choice is the easiest for the president to make. Biden and Democratic leaders are afraid to mention it now because it will make the left-wing feel \"betrayed,\" which may affect the result of the next election. The first choice is relatively easy, with little impact on the later stage. But, as time goes on, the forces of centrists will grow, too.\nIf necessary, the decision on the predicament of Kabul Airport will be pended. But for Biden, the implementation of the infrastructure plan is imperative.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838484292,"gmtCreate":1629424175516,"gmtModify":1631883691256,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>Almost there $1","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>Almost there $1","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$Almost there $1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838484292","isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838323265,"gmtCreate":1629376166557,"gmtModify":1633685328347,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Will be even cheaper if the downtrend continues for this week….","listText":"Will be even cheaper if the downtrend continues for this week….","text":"Will be even cheaper if the downtrend continues for this week….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838323265","repostId":"1152703663","repostType":4,"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833434728,"gmtCreate":1629254453364,"gmtModify":1633686185688,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Very good info. Many Salesforce is widely used by leading coy. Worth to consider.","listText":"Very good info. Many Salesforce is widely used by leading coy. Worth to consider.","text":"Very good info. Many Salesforce is widely used by leading coy. Worth to consider.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833434728","repostId":"2160062252","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810785820,"gmtCreate":1630016475860,"gmtModify":1704954507450,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Good. Hope to see more","listText":"Good. Hope to see more","text":"Good. Hope to see more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810785820","repostId":"1190253508","repostType":4,"isVote":1,"tweetType":1,"viewCount":1855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838461409,"gmtCreate":1629424361601,"gmtModify":1633684934643,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Like this analysis. Too big to fail. But expect aslow climb","listText":"Like this analysis. Too big to fail. But expect aslow climb","text":"Like this analysis. Too big to fail. But expect aslow climb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838461409","repostId":"1133933019","repostType":4,"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811248960,"gmtCreate":1630329891050,"gmtModify":1704958526143,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Like it","listText":"Like it","text":"Like it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811248960","repostId":"1199138618","repostType":4,"repost":{"id":"1199138618","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":1630316356,"share":"https://www.laohu8.com/m/news/1199138618?lang=zh_CN&edition=full","pubTime":"2021-08-30 17:39","market":"us","language":"en","title":"Globalstar shares rose more than 20% in premarket trading<blockquote>Globalstar股价在盘前交易中上涨超过20%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199138618","media":"Tiger Newspress","summary":"Globalstar shares rose more than 20% in premarket trading.\nApple Inc. could partner with Globalstar ","content":"<p>Globalstar&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;20%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Globalstar股价在盘前交易中上涨超过20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33606a167f18f6de91abf407f2f6fa7e\" tg-width=\"896\" tg-height=\"614\" width=\"100%\" height=\"auto\">Apple Inc.&nbsp;could partner with&nbsp;Globalstar Inc.&nbsp;to bring satellite communication connectivity to the upcoming&nbsp;iPhone 13&nbsp;models, according to a note from Apple analyst&nbsp;Ming-Chi Kuo,&nbsp;Apple&nbsp;Insider&nbsp;reported.</p><p><blockquote>据《苹果内幕》报道，苹果分析师郭明錤的一份报告称，苹果公司可能会与Globalstar Inc.合作，为即将推出的iPhone 13机型带来卫星通信连接。</blockquote></p><p> A customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.</p><p><blockquote>据报道，Kuo在报告中表示，苹果预计将在iPhone 13中使用的高通X60基带芯片的定制版本将支持低地球轨道(LEO)卫星通信。</blockquote></p><p> iPhone 13 users will be able to directly use Globalstar’s satellite communication services on their devices if Apple partners with the LEO satellite communication service provider, Kuo said, as per the report.</p><p><blockquote>据报道，Kuo表示，如果苹果与LEO卫星通信服务提供商合作，iPhone 13用户将能够在其设备上直接使用Globalstar的卫星通信服务。</blockquote></p><p> Apple could also use the satellite communication feature in its upcoming Apple AR headset and the Apple Car, Kuo noted.</p><p><blockquote>郭指出，苹果还可以在其即将推出的苹果AR耳机和苹果汽车中使用卫星通信功能。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Globalstar shares rose more than 20% in premarket trading<blockquote>Globalstar股价在盘前交易中上涨超过20%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobalstar shares rose more than 20% in premarket trading<blockquote>Globalstar股价在盘前交易中上涨超过20%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-08-30 17:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Globalstar&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;20%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote>Globalstar股价在盘前交易中上涨超过20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33606a167f18f6de91abf407f2f6fa7e\" tg-width=\"896\" tg-height=\"614\" width=\"100%\" height=\"auto\">Apple Inc.&nbsp;could partner with&nbsp;Globalstar Inc.&nbsp;to bring satellite communication connectivity to the upcoming&nbsp;iPhone 13&nbsp;models, according to a note from Apple analyst&nbsp;Ming-Chi Kuo,&nbsp;Apple&nbsp;Insider&nbsp;reported.</p><p><blockquote>据《苹果内幕》报道，苹果分析师郭明錤的一份报告称，苹果公司可能会与Globalstar Inc.合作，为即将推出的iPhone 13机型带来卫星通信连接。</blockquote></p><p> A customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.</p><p><blockquote>据报道，Kuo在报告中表示，苹果预计将在iPhone 13中使用的高通X60基带芯片的定制版本将支持低地球轨道(LEO)卫星通信。</blockquote></p><p> iPhone 13 users will be able to directly use Globalstar’s satellite communication services on their devices if Apple partners with the LEO satellite communication service provider, Kuo said, as per the report.</p><p><blockquote>据报道，Kuo表示，如果苹果与LEO卫星通信服务提供商合作，iPhone 13用户将能够在其设备上直接使用Globalstar的卫星通信服务。</blockquote></p><p> Apple could also use the satellite communication feature in its upcoming Apple AR headset and the Apple Car, Kuo noted.</p><p><blockquote>郭指出，苹果还可以在其即将推出的苹果AR耳机和苹果汽车中使用卫星通信功能。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GSAT":"全球星","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199138618","content_text":"Globalstar shares rose more than 20% in premarket trading.\nApple Inc. could partner with Globalstar Inc. to bring satellite communication connectivity to the upcoming iPhone 13 models, according to a note from Apple analyst Ming-Chi Kuo, Apple Insider reported.\nA customized version of the Qualcomm X60 baseband chip that Apple is expected to use in the iPhone 13 will support low-earth-orbit (LEO) satellite communications, Kuo reportedly said in the note.\niPhone 13 users will be able to directly use Globalstar’s satellite communication services on their devices if Apple partners with the LEO satellite communication service provider, Kuo said, as per the report.\nApple could also use the satellite communication feature in its upcoming Apple AR headset and the Apple Car, Kuo noted.","news_type":1,"symbols_score_info":{"GSAT":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819771549,"gmtCreate":1630111016681,"gmtModify":1704956050184,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"High risk high gain","listText":"High risk high gain","text":"High risk high gain","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819771549","repostId":"2162042478","repostType":4,"isVote":1,"tweetType":1,"viewCount":1944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819770463,"gmtCreate":1630110876952,"gmtModify":1704956046373,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Low interest and Fed unchanged policy for growth = record dtock level 😁😁😁","listText":"Low interest and Fed unchanged policy for growth = record dtock level 😁😁😁","text":"Low interest and Fed unchanged policy for growth = record dtock level 😁😁😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819770463","repostId":"2162521078","repostType":4,"isVote":1,"tweetType":1,"viewCount":2386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835267622,"gmtCreate":1629721898166,"gmtModify":1633682956638,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"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/835267622","repostId":"1167336009","repostType":4,"repost":{"id":"1167336009","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":1629713198,"share":"https://www.laohu8.com/m/news/1167336009?lang=zh_CN&edition=full","pubTime":"2021-08-23 18:06","market":"us","language":"en","title":"JD.com beats second-quarter sales estimates<blockquote>京东第二季度销售超出预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167336009","media":"Tiger Newspress","summary":"Chinese e-commerce platform JD.com Inc on Monday beat analysts' expectations for quarterly revenue, ","content":"<p>Chinese e-commerce platform JD.com Inc&nbsp;on Monday beat analysts' expectations for quarterly revenue, boosted by strong demand for online shopping triggered by the COVID-19 pandemic.</p><p><blockquote>受COVID-19大流行引发的强劲在线购物需求提振，中国电子商务平台京东公司周一的季度收入超出了分析师的预期。</blockquote></p><p> Net revenue at JD.com rose about 26% to 253.8 billion yuan ($39.14 billion) in the second quarter ended June 30. Analysts had expected revenue of 249.27 billion yuan, according to IBES data from Refinitiv.</p><p><blockquote>截至6月30日的第二季度，京东净收入增长约26%，达到2538亿元人民币（391.4亿美元）。根据Refinitiv的IBES数据，分析师此前预计营收为2492.7亿元。</blockquote></p><p> <a href=\"https://www.laohu8.com/live/16296945283683?invite=33333\" target=\"_blank\">Q2 2021 JD.Com Inc Earnings Conference Call</a></p><p><blockquote><a href=\"https://www.laohu8.com/live/16296945283683?invite=33333\" target=\"_blank\">2021年第二季度京东公司收益电话会议</a></blockquote></p><p> <b>Second Quarter 2021 Highlights</b></p><p><blockquote><b>2021年第二季度亮点</b></blockquote></p><p> <ul>  <li><b>Net revenues</b>&nbsp;for the second quarter of 2021 were RMB253.8 billion (US$139.3 billion), an increase of 26.2% from the second quarter of 2020. Net service revenues for the second quarter of 2021 were RMB34.1 billion (US$5.3 billion), an increase of 49.2% from the second quarter of 2020.</li>  <li><b>Income from operations</b>&nbsp;for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year.<b>Non-GAAP2income from operations</b>&nbsp;for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020<b>3</b>.</li>  <li><b>Net incomeattributable to ordinary shareholders</b>&nbsp;for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year.<b>Non-GAAP net incomeattributable to ordinary shareholders</b>&nbsp;for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.</li>  <li><b>Diluted net income per ADS</b>&nbsp;for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020.<b>Non-GAAP diluted net income per ADS</b>&nbsp;for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the same period last year.</li>  <li><b>Operating cash flow</b>&nbsp;for the twelve months ended June 30, 2021 increased to RMB38.9 billion (US$6.0 billion) from RMB26.3 billion for the twelve months ended June 30, 2020. Free cash flow, which excludes the impact from JD Baitiao receivables included in the operating cash flow, for the twelve months ended June 30, 2021 increased to RMB31.9 billion (US$4.9 billion), compared to RMB22.7 billion for the twelve months ended June 30, 2020.</li>  <li><b>Annual active customer accounts4</b>&nbsp;increased by 27.4% to 531.9 million in the twelve months ended June 30, 2021 from 417.4 million in the twelve months ended June 30, 2020.</li> </ul> JD.com&nbsp;shares&nbsp;fell&nbsp;1.8%&nbsp;in premarket trading.</p><p><blockquote><ul><li><b>净收入</b>2021年第二季度为人民币2,538亿元（1,393亿美元），较2020年第二季度增长26.2%。2021年第二季度净服务收入为人民币341亿元（53亿美元），较2020年第二季度增长49.2%。</li><li><b>营业收入</b>2021年第二季度为人民币3.008亿元（4660万美元），而去年同期为人民币50亿元。<b>非GAAP2运营收入</b>2021年第二季度为人民币25亿元（4亿美元），而2020年第二季度为人民币56亿元。京东零售2021年第二季度未分配项目前营业利润率为2.6%，较2020年第二季度保持稳定<b>3</b>.</li><li><b>归属于普通股股东的净利润</b>2021年第二季度为人民币7.943亿元（1.23亿美元），而去年同期为人民币164亿元。<b>非公认会计准则归属于普通股股东的净利润</b>2021年第二季度为人民币46亿元（7亿美元），而去年同期为人民币59亿元。</li><li><b>稀释后每股美国存托凭证净利润</b>2021年第二季度为人民币0.50元（0.08美元），而2020年第二季度为人民币10.47元。<b>非公认会计准则每股美国存托凭证摊薄净利润</b>2021年第二季度为人民币2.90元（0.45美元），而去年同期为人民币3.51元。</li><li><b>经营现金流量</b>截至2021年6月30日止十二个月的人民币263亿元增加至截至2021年6月30日止十二个月的人民币389亿元（60亿美元）。截至2021年6月30日止十二个月的自由现金流（不包括计入经营现金流的京东白条应收款项的影响）增至人民币319亿元（49亿美元），而截至2021年6月30日止十二个月为人民币227亿元。2020年。</li><li><b>年度活跃客户账户4</b>由截至2020年6月30日止十二个月的4.174亿增加27.4%至截至2021年6月30日止十二个月的5.319亿。</li></ul>京东股价在盘前交易中下跌1.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0a2c969e7e956090e6edcd9fad738ba1\" tg-width=\"893\" tg-height=\"641\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b><i>Business Highlights</i></b></p><p><blockquote><b><i>业务亮点</i></b></blockquote></p><p> <b><u>Environment, Social and Governance</u></b></p><p><blockquote><b><u>环境、社会及管治</u></b></blockquote></p><p> <ul>  <li>In response to the severe flooding in the central China province of Henan, JD.com donated over 20 truckloads of rescue supplies and daily necessities dispatched from JD.com’s closest warehouse. Furthermore, JD Health opened a free 24-hour hotline for medical consultation and donated healthcare supplies for disinfection and epidemic prevention. The emergency efforts reflect the company’s longstanding policy of immediately donating goods to disaster areas from the nearest JD.com’s warehouse. JD Retail also assisted merchants in the affected regions through fee relief and additional insurance to accelerate the disaster recovery effort.</li>  <li>On June 18, JD.com published its Sustainability Report discussing the company’s achievements from 2018 to 2020 in creating a low-carbon enterprise through environmentally friendly logistics, procurement and facilities. Since 2017, JD.com has been gradually replacing traditional fuel-combustion trucks with new energy vehicles reducing carbon dioxide emissions by more than 120,000 tons each year.</li>  <li>In June, JD Logistics and P&amp;G Beauty completed an environmentally friendly soccer field made from recycled plastic bottles at the Nanjing Foreign Language School, representing a milestone for JD.com’s Green Stream Initiative on its 4th anniversary. Last year, P&amp;G Beauty joined JD Logistics’s bottle recycling program as a strategic partner to recycle plastic P&amp;G brand products in Shanghai and Guangzhou. As of June 2021, over 20,000 families have participated in the program.</li> </ul> <b><u>JD Retail</u></b></p><p><blockquote><ul><li>为应对河南省的严重洪灾，京东捐赠了20多辆卡车的救援物资和生活必需品，这些物资是从京东最近的仓库运来的。此外，京东健康开通24小时免费医疗咨询热线，捐赠消毒防疫医疗用品。此次紧急行动反映了该公司的长期政策，即立即从最近的京东仓库向灾区捐赠货物。京东零售还通过费用减免和额外保险帮助受影响地区的商家加快灾后恢复工作。</li><li>6月18日，京东发布了可持续发展报告，讨论了该公司在2018年至2020年通过环保物流、采购和设施创建低碳企业方面取得的成就。自2017年以来，京东逐步用新能源汽车取代传统燃油卡车，每年减少二氧化碳排放超过12万吨。</li><li>6月，京东物流与宝洁美容在南京外国语学校完成了一个由回收塑料瓶制成的环保足球场，标志着京东绿流倡议四周年的里程碑。去年，宝洁美妆作为战略合作伙伴加入京东物流的瓶子回收计划，在上海和广州回收塑料宝洁品牌产品。截至2021年6月，已有超过20,000个家庭参与了该计划。</li></ul><b><u>京东零售</u></b></blockquote></p><p></p><p> <ul>  <li>JD.com’s 618 Grand Promotion reported outstanding results. During the 18-day sale from June 1 to 18, over 236 brands achieved sales of over RMB100 million. Order requests from 92% of districts and counties and 84% of small towns were fulfilled on the same or next day. Omni-channel also played an integral part in the 618 Grand Promotion with over one thousand digital and computer stores supporting on-demand consumption and one-hour delivery service.</li>  <li>LVMH group expanded its innovative partnerships with JD.com in the second quarter. Leveraging the JD.com mini-app, LVMH’s BVLGARI brand provided customers with a new shopping experience featuring a full suite of products including selected jewelry and watches. This represents the first time BVLGARI has collaborated with a third-party online retailer in its history of 137 years. Berluti, the top luxury menswear fashion house under the LVMH group, also established its first official global flagship store on JD.com during the period.</li>  <li>Several internationally renowned beauty brands recently launched official flagship stores on JD.com including LVMH Group’s Guerlain in early August, as well as LVMH Group’s Givenchy Beauty and Benefit, Estee Lauder Companies’ Estee Lauder, Clinique and Origins, and L’Oreal's Kiehl's in July. The addition of these brands further enriches JD Beauty's high-quality product suite and ensures a best-of-class shopping experience for customers with services provided by JD Logistics.</li> </ul> <b><u>JD Health</u></b></p><p><blockquote><ul><li>京东618大促战报亮眼。在6月1日至18日的18天销售中，超过236个品牌的销售额超过人民币1亿元。92%的区县、84%的小城镇订单请求当天或次日完成。全渠道也在618大促中发挥了不可或缺的作用，超过一千家数码和电脑商店支持按需消费和一小时送达服务。</li><li>路威酩轩集团在第二季度扩大了与京东的创新合作伙伴关系。LVMH旗下宝格丽品牌透过京东小应用程式，为顾客提供全新购物体验，包括精选珠宝及腕表在内的全套产品。这是宝格丽137年历史上首次与第三方在线零售商合作。LVMH集团旗下顶级奢侈男装时装屋Berluti亦于期内在京东设立首家全球官方旗舰店。</li><li>几个国际知名美容品牌最近在京东上推出了官方旗舰店，包括8月初LVMH集团的娇兰，以及7月份LVMH集团的纪梵希Beauty and Benefit，雅诗兰黛公司的雅诗兰黛、倩碧和Origins，以及欧莱雅的科颜氏。这些品牌的加入进一步丰富了京东美妆的优质产品套件，并通过京东物流提供的服务确保客户获得一流的购物体验。</li></ul><b><u>京东健康</u></b></blockquote></p><p> <ul>  <li>As an important platform for healthcare brands to expand online sales channels and accelerate digitalization, in the second quarter, JD Health closely cooperated with leading global pharmaceutical companies. JD Health deepened its cooperation with UCB China and became its strategic partner for the distribution of UCB China’s anti-allergic drug Zyrtec (cetirizine hydrochloride tablet and drops). JD Health facilitated the expansion and maintenance of multiple sales channels for Zyrtec including online, offline small and medium sized chain pharmacies as well as individual pharmacies. JD Health also officially launched the AstraZeneca direct sales flagship store, Sanofi direct sales flagship store and other brand stores in order to provide more convenient and professional online and offline integrated healthcare services to patients with chronic diseases.</li>  <li>In order to address the need for supply chains for certain special drugs, in the second quarter, JD Health partnered with JD Logistics to establish “cold chain” capabilities covering over 100 cities in 12 provincial-level administrative regions across China. With such capabilities, JD Pharmacy is able to expand its business into special drugs for rare diseases. A number of cold chain products from Eli Lilly and Company, Novartis, Sanofi and other brands became available through JD Pharmacy.</li> </ul> <b><u>JD Logistics</u></b></p><p><blockquote><ul><li>作为医疗健康品牌拓展线上销售渠道、加速数字化的重要平台，二季度，京东健康与全球领先药企紧密合作。京东健康深化与优时比中国的合作，成为其优时比中国抗过敏药Zyrtec（盐酸西替利嗪片和滴剂）分销的战略合作伙伴。京东健康协助Zyrtec拓展和维护多个销售渠道，包括线上、线下中小型连锁药店以及个体药店。京东健康还正式上线阿斯利康直销旗舰店、赛诺菲直销旗舰店等品牌门店，以期为慢病患者提供更加便捷、专业的线上线下一体化医疗保健服务。</li><li>为解决某些特殊药品的供应链需求，第二季度，京东健康与京东物流合作，建立了覆盖全国12个省级行政区超100个城市的“冷链”能力。有了这样的能力，京东大药房才有能力将业务拓展到罕见病特药。礼来公司、诺华、赛诺菲等品牌的多款冷链产品通过京东大药房上市。</li></ul><b><u>京东物流</u></b></blockquote></p><p> <ul>  <li>On May 28, JD Logistics successfully listed on the Main Board of the Hong Kong Stock Exchange under the stock code “2618”. Net proceeds from this offering, including the over-allotment options, amounted to approximately RMB23.0 billion. After listing in Hong Kong, JD Logistics will continue to focus on developing its integrated supply chain, including upgrading and expanding its six logistics networks, developing advanced technologies to be used in its supply chain solutions and logistics services, expanding the breadth and depth of integrated solutions, improving supply chain efficiency and user experience for customers, and reducing operating costs.</li>  <li>JD Logistics further strengthened its cross regional highway, railway and air cargo network to enhance its next-morning and next-day delivery service. As of June 30, 2021, JD Logistics had over 1,000 air cargo routes and the ability to utilize over 300 railway routes. During the 618 Grand Promotion, customers enjoyed delivery service within minutes of order placement in over 200 cities in China.</li>  <li>In June, JD Logistics and Xiaomi Youpin jointly launched a warehousing and distribution center in Tianjin, upgrading the supply chain cooperation between the two parties. The warehousing center will provide one-stop logistics services including collection, sorting, warehousing, packaging, and distribution, covering all categories of products for its customers.</li>  <li>As of June 30, 2021, JD Logistics operated approximately 1,200 warehouses, which covered an aggregate gross floor area of approximately 23 million square meters, including warehouse space of cloud warehouses managed under the JD Logistics Open Warehouse Platform.</li> </ul> <b><u>Other Highlights</u></b></p><p><blockquote><ul><li>5月28日，京东物流在港交所主板成功上市，股票代码为“2618”。本次发行的所得款项净额（包括超额配股权）约为人民币230亿元。在香港上市后，京东物流将继续专注于发展其一体化供应链，包括升级和扩展其六大物流网络，开发先进技术用于其供应链解决方案和物流服务，拓展一体化解决方案的广度和深度，为客户提高供应链效率和用户体验，并降低运营成本。</li><li>京东物流进一步加强跨区域公路、铁路和航空货运网络，提升次日早达和次日达服务。截至2021年6月30日，京东物流拥有超过1,000条航空货运航线，并有能力利用超过300条铁路航线。在618大促期间，客户在中国200多个城市享受下单分钟送达服务。</li><li>6月，京东物流与小米有品在天津联合落地仓储配送中心，升级双方供应链合作。仓储中心将为其客户提供包括收集、分拣、仓储、包装、配送在内的一站式物流服务，覆盖所有品类的产品。</li><li>截至2021年6月30日，京东物流运营约1200个仓库，总建筑面积约2300万平方米，包括京东物流开放仓库平台下管理的云仓库的仓库空间。</li></ul><b><u>其他亮点</u></b></blockquote></p><p></p><p> <ul>  <li>On June 18, AiHuiShou, a secondhand electronics transactions and services platform, was officially listed on the New York Stock Exchange under the stock ticker “RERE”. JD.com’s ownership ratio was approximately 33.4% after listing. According to the partnership agreement signed between JD.com and AiHuiShou, the two companies will cooperate in the areas of user traffic, marketing, R&amp;D, sales and channel commissions, supply chain and logistics, customer service and after-sales service.</li> </ul> <b><u>Operational Metrics Update</u></b></p><p><blockquote><ul><li>6月18日，二手电子交易和服务平台爱回收在纽交所正式挂牌上市，股票代码为“RERE”。京东上市后持股比例约为33.4%。根据京东与爱回收签署的合作伙伴协议，两家公司将在用户流量、营销、研发、销售和渠道佣金、供应链和物流、客户服务和售后服务等领域展开合作。</li></ul><b><u>运营指标更新</u></b></blockquote></p><p> <ul>  <li>As of June 30, 2021, JD.com had over 320,000 employees, excluding part-time and interns.</li> </ul> <b>Second Quarter 2021 Financial Results</b></p><p><blockquote><ul><li>截至2021年6月30日，京东拥有超过32万名员工，不包括兼职和实习生。</li></ul><b>2021年第二季度财务业绩</b></blockquote></p><p> <b><i>Net Revenues.</i></b>&nbsp;For the second quarter of 2021, JD.com reported net revenues of RMB253.8 billion (US$39.3 billion), representing a 26.2% increase from the same period in 2020. Net product revenues increased by 23.3%, while net service revenues increased by 49.2% for the second quarter of 2021, as compared to the same period of 2020.</p><p><blockquote><b><i>净收入。</i></b>2021年第二季度，京东报告净收入为人民币2538亿元（393亿美元），较2020年同期增长26.2%。与2020年同期相比，2021年第二季度产品净收入增长23.3%，服务净收入增长49.2%。</blockquote></p><p> <b><i>Cost of Revenues</i></b><b>.</b>Cost of revenues increased by 28.8% to RMB222.1 billion (US$34.4 billion) for the second quarter of 2021 from RMB172.4 billion for the second quarter of 2020.</p><p><blockquote><b><i>收入成本</i></b><b>.</b>收入成本从2020年第二季度的人民币1,724亿元增长28.8%至2021年第二季度的人民币2,221亿元（344亿美元）。</blockquote></p><p> <b><i>Fulfillment Expenses</i></b><b>.</b>Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 22.5% to RMB14.6 billion (US$2.3 billion) for the second quarter of 2021 from RMB12.0 billion for the second quarter of 2020. Fulfillment expenses as a percentage of net revenues was 5.8% for the second quarter of 2021, compared to 5.9% for the same period last year.</p><p><blockquote><b><i>履行费用</i></b><b>.</b>履约费用主要包括采购、仓储、交付、客户服务和支付处理费用，从2020年第二季度的人民币120亿元增长22.5%至2021年第二季度的人民币146亿元（23亿美元）。2021年第二季度履行费用占净收入的百分比为5.8%，而去年同期为5.9%。</blockquote></p><p> <b><i>Marketing Expenses</i></b><b>.</b>Marketing expenses increased by 56.0% to RMB10.6 billion (US$1.6 billion) for the second quarter of 2021 from RMB6.8 billion for the second quarter of 2020.</p><p><blockquote><b><i>营销费用</i></b><b>.</b>营销费用从2020年第二季度的人民币68亿元增长56.0%至2021年第二季度的人民币106亿元（16亿美元）。</blockquote></p><p> <b><i>Research and Development Expenses</i></b><b>.</b>Research and development expenses was RMB3.7 billion (US$0.6 billion) for the second quarter of 2021, as compared to RMB3.6 billion for the second quarter of 2020.</p><p><blockquote><b><i>研发费用</i></b><b>.</b>2021年第二季度的研发费用为人民币37亿元（6亿美元），而2020年第二季度为人民币36亿元。</blockquote></p><p> <b><i>General and Administrative Expenses</i></b><b>.</b>&nbsp;General and administrative expenses increased by 80.0% to RMB2.6 billion (US$0.4 billion) for the second quarter of 2021 from RMB1.4 billion for the second quarter of 2020. The increase was primarily due to the increase in share-based compensation expenses.</p><p><blockquote><b><i>一般及行政开支</i></b><b>.</b>一般及行政费用从2020年第二季度的人民币14亿元增长80.0%至2021年第二季度的人民币26亿元（4亿美元）。该增加主要由于以股份为基础的薪酬开支增加所致。</blockquote></p><p> <b><i>Income from Operations and Non-GAAP Income from Operations.</i></b>Income from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year. Non-GAAP income from operations for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to non-GAAP income from operations of RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020.</p><p><blockquote><b><i>运营收入和非公认会计准则运营收入。</i></b>2021年第二季度营业收入为人民币3.008亿元（4660万美元），而去年同期为人民币50亿元。2021年第二季度非GAAP运营收入为25亿元人民币（4亿美元），而2020年第二季度非GAAP运营收入为56亿元人民币。京东零售2021年第二季度未分配项目前的营业利润率为2.6%，与2020年第二季度相比保持稳定。</blockquote></p><p> <b><i>Non-GAAP EBITDA</i></b>for the second quarter of 2021 was RMB3.7 billion (US$0.6 billion), compared to RMB6.9 billion for the second quarter of 2020.</p><p><blockquote><b><i>非公认会计准则EBITDA</i></b>2021年第二季度为人民币37亿元（6亿美元），而2020年第二季度为人民币69亿元。</blockquote></p><p> <b><i>Share of Results of Equity Investees.</i></b>&nbsp;Share of results of equity investees was an income of RMB522.8 million (US$81.0 million) for the second quarter of 2021, as compared to an income of RMB4.0 billion for the second quarter of 2020. The substantial decrease was primarily due to a one-off dilution gain of RMB4.1 billion recognized upon the IPO of Dada Group during the second quarter of 2020.</p><p><blockquote><b><i>应佔权益被投资方业绩。</i></b>2021年第二季度股权投资公司业绩份额收入为人民币5.228亿元（8100万美元），而2020年第二季度收入为人民币40亿元。大幅减少主要是由于达达集团于2020年第二季度首次公开发售后确认的一次性摊薄收益人民币41亿元。</blockquote></p><p> <b><i>Net IncomeAttributable to Ordinary Shareholdersand Non-GAAP Net IncomeAttributable to Ordinary Shareholders.</i></b>Net income attributable to ordinary shareholders for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year. Non-GAAP net income attributable to ordinary shareholders for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.</p><p><blockquote><b><i>归属于普通股股东的净利润和非公认会计准则归属于普通股股东的净利润。</i></b>2021年第二季度归属于普通股股东的净利润为人民币7.943亿元（1.23亿美元），而去年同期为人民币164亿元。2021年第二季度非公认会计准则归属于普通股股东的净利润为人民币46亿元（7亿美元），而去年同期为人民币59亿元。</blockquote></p><p> <b><i>Diluted EPS and Non-GAAP Diluted EPS.</i></b>Diluted net income per ADS for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020. Non-GAAP diluted net income per ADS for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the second quarter of 2020.</p><p><blockquote><b><i>稀释每股收益和非公认会计准则稀释每股收益。</i></b>2021年第二季度每股美国存托凭证摊薄净利润为人民币0.50元（0.08美元），而2020年第二季度为人民币10.47元。2021年第二季度非公认会计准则摊薄后每股美国存托凭证净利润为人民币2.90元（0.45美元），而2020年第二季度为人民币3.51元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JD.com beats second-quarter sales estimates<blockquote>京东第二季度销售超出预期</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJD.com beats second-quarter sales estimates<blockquote>京东第二季度销售超出预期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-08-23 18:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Chinese e-commerce platform JD.com Inc&nbsp;on Monday beat analysts' expectations for quarterly revenue, boosted by strong demand for online shopping triggered by the COVID-19 pandemic.</p><p><blockquote>受COVID-19大流行引发的强劲在线购物需求提振，中国电子商务平台京东公司周一的季度收入超出了分析师的预期。</blockquote></p><p> Net revenue at JD.com rose about 26% to 253.8 billion yuan ($39.14 billion) in the second quarter ended June 30. Analysts had expected revenue of 249.27 billion yuan, according to IBES data from Refinitiv.</p><p><blockquote>截至6月30日的第二季度，京东净收入增长约26%，达到2538亿元人民币（391.4亿美元）。根据Refinitiv的IBES数据，分析师此前预计营收为2492.7亿元。</blockquote></p><p> <a href=\"https://www.laohu8.com/live/16296945283683?invite=33333\" target=\"_blank\">Q2 2021 JD.Com Inc Earnings Conference Call</a></p><p><blockquote><a href=\"https://www.laohu8.com/live/16296945283683?invite=33333\" target=\"_blank\">2021年第二季度京东公司收益电话会议</a></blockquote></p><p> <b>Second Quarter 2021 Highlights</b></p><p><blockquote><b>2021年第二季度亮点</b></blockquote></p><p> <ul>  <li><b>Net revenues</b>&nbsp;for the second quarter of 2021 were RMB253.8 billion (US$139.3 billion), an increase of 26.2% from the second quarter of 2020. Net service revenues for the second quarter of 2021 were RMB34.1 billion (US$5.3 billion), an increase of 49.2% from the second quarter of 2020.</li>  <li><b>Income from operations</b>&nbsp;for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year.<b>Non-GAAP2income from operations</b>&nbsp;for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020<b>3</b>.</li>  <li><b>Net incomeattributable to ordinary shareholders</b>&nbsp;for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year.<b>Non-GAAP net incomeattributable to ordinary shareholders</b>&nbsp;for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.</li>  <li><b>Diluted net income per ADS</b>&nbsp;for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020.<b>Non-GAAP diluted net income per ADS</b>&nbsp;for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the same period last year.</li>  <li><b>Operating cash flow</b>&nbsp;for the twelve months ended June 30, 2021 increased to RMB38.9 billion (US$6.0 billion) from RMB26.3 billion for the twelve months ended June 30, 2020. Free cash flow, which excludes the impact from JD Baitiao receivables included in the operating cash flow, for the twelve months ended June 30, 2021 increased to RMB31.9 billion (US$4.9 billion), compared to RMB22.7 billion for the twelve months ended June 30, 2020.</li>  <li><b>Annual active customer accounts4</b>&nbsp;increased by 27.4% to 531.9 million in the twelve months ended June 30, 2021 from 417.4 million in the twelve months ended June 30, 2020.</li> </ul> JD.com&nbsp;shares&nbsp;fell&nbsp;1.8%&nbsp;in premarket trading.</p><p><blockquote><ul><li><b>净收入</b>2021年第二季度为人民币2,538亿元（1,393亿美元），较2020年第二季度增长26.2%。2021年第二季度净服务收入为人民币341亿元（53亿美元），较2020年第二季度增长49.2%。</li><li><b>营业收入</b>2021年第二季度为人民币3.008亿元（4660万美元），而去年同期为人民币50亿元。<b>非GAAP2运营收入</b>2021年第二季度为人民币25亿元（4亿美元），而2020年第二季度为人民币56亿元。京东零售2021年第二季度未分配项目前营业利润率为2.6%，较2020年第二季度保持稳定<b>3</b>.</li><li><b>归属于普通股股东的净利润</b>2021年第二季度为人民币7.943亿元（1.23亿美元），而去年同期为人民币164亿元。<b>非公认会计准则归属于普通股股东的净利润</b>2021年第二季度为人民币46亿元（7亿美元），而去年同期为人民币59亿元。</li><li><b>稀释后每股美国存托凭证净利润</b>2021年第二季度为人民币0.50元（0.08美元），而2020年第二季度为人民币10.47元。<b>非公认会计准则每股美国存托凭证摊薄净利润</b>2021年第二季度为人民币2.90元（0.45美元），而去年同期为人民币3.51元。</li><li><b>经营现金流量</b>截至2021年6月30日止十二个月的人民币263亿元增加至截至2021年6月30日止十二个月的人民币389亿元（60亿美元）。截至2021年6月30日止十二个月的自由现金流（不包括计入经营现金流的京东白条应收款项的影响）增至人民币319亿元（49亿美元），而截至2021年6月30日止十二个月为人民币227亿元。2020年。</li><li><b>年度活跃客户账户4</b>由截至2020年6月30日止十二个月的4.174亿增加27.4%至截至2021年6月30日止十二个月的5.319亿。</li></ul>京东股价在盘前交易中下跌1.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0a2c969e7e956090e6edcd9fad738ba1\" tg-width=\"893\" tg-height=\"641\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b><i>Business Highlights</i></b></p><p><blockquote><b><i>业务亮点</i></b></blockquote></p><p> <b><u>Environment, Social and Governance</u></b></p><p><blockquote><b><u>环境、社会及管治</u></b></blockquote></p><p> <ul>  <li>In response to the severe flooding in the central China province of Henan, JD.com donated over 20 truckloads of rescue supplies and daily necessities dispatched from JD.com’s closest warehouse. Furthermore, JD Health opened a free 24-hour hotline for medical consultation and donated healthcare supplies for disinfection and epidemic prevention. The emergency efforts reflect the company’s longstanding policy of immediately donating goods to disaster areas from the nearest JD.com’s warehouse. JD Retail also assisted merchants in the affected regions through fee relief and additional insurance to accelerate the disaster recovery effort.</li>  <li>On June 18, JD.com published its Sustainability Report discussing the company’s achievements from 2018 to 2020 in creating a low-carbon enterprise through environmentally friendly logistics, procurement and facilities. Since 2017, JD.com has been gradually replacing traditional fuel-combustion trucks with new energy vehicles reducing carbon dioxide emissions by more than 120,000 tons each year.</li>  <li>In June, JD Logistics and P&amp;G Beauty completed an environmentally friendly soccer field made from recycled plastic bottles at the Nanjing Foreign Language School, representing a milestone for JD.com’s Green Stream Initiative on its 4th anniversary. Last year, P&amp;G Beauty joined JD Logistics’s bottle recycling program as a strategic partner to recycle plastic P&amp;G brand products in Shanghai and Guangzhou. As of June 2021, over 20,000 families have participated in the program.</li> </ul> <b><u>JD Retail</u></b></p><p><blockquote><ul><li>为应对河南省的严重洪灾，京东捐赠了20多辆卡车的救援物资和生活必需品，这些物资是从京东最近的仓库运来的。此外，京东健康开通24小时免费医疗咨询热线，捐赠消毒防疫医疗用品。此次紧急行动反映了该公司的长期政策，即立即从最近的京东仓库向灾区捐赠货物。京东零售还通过费用减免和额外保险帮助受影响地区的商家加快灾后恢复工作。</li><li>6月18日，京东发布了可持续发展报告，讨论了该公司在2018年至2020年通过环保物流、采购和设施创建低碳企业方面取得的成就。自2017年以来，京东逐步用新能源汽车取代传统燃油卡车，每年减少二氧化碳排放超过12万吨。</li><li>6月，京东物流与宝洁美容在南京外国语学校完成了一个由回收塑料瓶制成的环保足球场，标志着京东绿流倡议四周年的里程碑。去年，宝洁美妆作为战略合作伙伴加入京东物流的瓶子回收计划，在上海和广州回收塑料宝洁品牌产品。截至2021年6月，已有超过20,000个家庭参与了该计划。</li></ul><b><u>京东零售</u></b></blockquote></p><p></p><p> <ul>  <li>JD.com’s 618 Grand Promotion reported outstanding results. During the 18-day sale from June 1 to 18, over 236 brands achieved sales of over RMB100 million. Order requests from 92% of districts and counties and 84% of small towns were fulfilled on the same or next day. Omni-channel also played an integral part in the 618 Grand Promotion with over one thousand digital and computer stores supporting on-demand consumption and one-hour delivery service.</li>  <li>LVMH group expanded its innovative partnerships with JD.com in the second quarter. Leveraging the JD.com mini-app, LVMH’s BVLGARI brand provided customers with a new shopping experience featuring a full suite of products including selected jewelry and watches. This represents the first time BVLGARI has collaborated with a third-party online retailer in its history of 137 years. Berluti, the top luxury menswear fashion house under the LVMH group, also established its first official global flagship store on JD.com during the period.</li>  <li>Several internationally renowned beauty brands recently launched official flagship stores on JD.com including LVMH Group’s Guerlain in early August, as well as LVMH Group’s Givenchy Beauty and Benefit, Estee Lauder Companies’ Estee Lauder, Clinique and Origins, and L’Oreal's Kiehl's in July. The addition of these brands further enriches JD Beauty's high-quality product suite and ensures a best-of-class shopping experience for customers with services provided by JD Logistics.</li> </ul> <b><u>JD Health</u></b></p><p><blockquote><ul><li>京东618大促战报亮眼。在6月1日至18日的18天销售中，超过236个品牌的销售额超过人民币1亿元。92%的区县、84%的小城镇订单请求当天或次日完成。全渠道也在618大促中发挥了不可或缺的作用，超过一千家数码和电脑商店支持按需消费和一小时送达服务。</li><li>路威酩轩集团在第二季度扩大了与京东的创新合作伙伴关系。LVMH旗下宝格丽品牌透过京东小应用程式，为顾客提供全新购物体验，包括精选珠宝及腕表在内的全套产品。这是宝格丽137年历史上首次与第三方在线零售商合作。LVMH集团旗下顶级奢侈男装时装屋Berluti亦于期内在京东设立首家全球官方旗舰店。</li><li>几个国际知名美容品牌最近在京东上推出了官方旗舰店，包括8月初LVMH集团的娇兰，以及7月份LVMH集团的纪梵希Beauty and Benefit，雅诗兰黛公司的雅诗兰黛、倩碧和Origins，以及欧莱雅的科颜氏。这些品牌的加入进一步丰富了京东美妆的优质产品套件，并通过京东物流提供的服务确保客户获得一流的购物体验。</li></ul><b><u>京东健康</u></b></blockquote></p><p> <ul>  <li>As an important platform for healthcare brands to expand online sales channels and accelerate digitalization, in the second quarter, JD Health closely cooperated with leading global pharmaceutical companies. JD Health deepened its cooperation with UCB China and became its strategic partner for the distribution of UCB China’s anti-allergic drug Zyrtec (cetirizine hydrochloride tablet and drops). JD Health facilitated the expansion and maintenance of multiple sales channels for Zyrtec including online, offline small and medium sized chain pharmacies as well as individual pharmacies. JD Health also officially launched the AstraZeneca direct sales flagship store, Sanofi direct sales flagship store and other brand stores in order to provide more convenient and professional online and offline integrated healthcare services to patients with chronic diseases.</li>  <li>In order to address the need for supply chains for certain special drugs, in the second quarter, JD Health partnered with JD Logistics to establish “cold chain” capabilities covering over 100 cities in 12 provincial-level administrative regions across China. With such capabilities, JD Pharmacy is able to expand its business into special drugs for rare diseases. A number of cold chain products from Eli Lilly and Company, Novartis, Sanofi and other brands became available through JD Pharmacy.</li> </ul> <b><u>JD Logistics</u></b></p><p><blockquote><ul><li>作为医疗健康品牌拓展线上销售渠道、加速数字化的重要平台，二季度，京东健康与全球领先药企紧密合作。京东健康深化与优时比中国的合作，成为其优时比中国抗过敏药Zyrtec（盐酸西替利嗪片和滴剂）分销的战略合作伙伴。京东健康协助Zyrtec拓展和维护多个销售渠道，包括线上、线下中小型连锁药店以及个体药店。京东健康还正式上线阿斯利康直销旗舰店、赛诺菲直销旗舰店等品牌门店，以期为慢病患者提供更加便捷、专业的线上线下一体化医疗保健服务。</li><li>为解决某些特殊药品的供应链需求，第二季度，京东健康与京东物流合作，建立了覆盖全国12个省级行政区超100个城市的“冷链”能力。有了这样的能力，京东大药房才有能力将业务拓展到罕见病特药。礼来公司、诺华、赛诺菲等品牌的多款冷链产品通过京东大药房上市。</li></ul><b><u>京东物流</u></b></blockquote></p><p> <ul>  <li>On May 28, JD Logistics successfully listed on the Main Board of the Hong Kong Stock Exchange under the stock code “2618”. Net proceeds from this offering, including the over-allotment options, amounted to approximately RMB23.0 billion. After listing in Hong Kong, JD Logistics will continue to focus on developing its integrated supply chain, including upgrading and expanding its six logistics networks, developing advanced technologies to be used in its supply chain solutions and logistics services, expanding the breadth and depth of integrated solutions, improving supply chain efficiency and user experience for customers, and reducing operating costs.</li>  <li>JD Logistics further strengthened its cross regional highway, railway and air cargo network to enhance its next-morning and next-day delivery service. As of June 30, 2021, JD Logistics had over 1,000 air cargo routes and the ability to utilize over 300 railway routes. During the 618 Grand Promotion, customers enjoyed delivery service within minutes of order placement in over 200 cities in China.</li>  <li>In June, JD Logistics and Xiaomi Youpin jointly launched a warehousing and distribution center in Tianjin, upgrading the supply chain cooperation between the two parties. The warehousing center will provide one-stop logistics services including collection, sorting, warehousing, packaging, and distribution, covering all categories of products for its customers.</li>  <li>As of June 30, 2021, JD Logistics operated approximately 1,200 warehouses, which covered an aggregate gross floor area of approximately 23 million square meters, including warehouse space of cloud warehouses managed under the JD Logistics Open Warehouse Platform.</li> </ul> <b><u>Other Highlights</u></b></p><p><blockquote><ul><li>5月28日，京东物流在港交所主板成功上市，股票代码为“2618”。本次发行的所得款项净额（包括超额配股权）约为人民币230亿元。在香港上市后，京东物流将继续专注于发展其一体化供应链，包括升级和扩展其六大物流网络，开发先进技术用于其供应链解决方案和物流服务，拓展一体化解决方案的广度和深度，为客户提高供应链效率和用户体验，并降低运营成本。</li><li>京东物流进一步加强跨区域公路、铁路和航空货运网络，提升次日早达和次日达服务。截至2021年6月30日，京东物流拥有超过1,000条航空货运航线，并有能力利用超过300条铁路航线。在618大促期间，客户在中国200多个城市享受下单分钟送达服务。</li><li>6月，京东物流与小米有品在天津联合落地仓储配送中心，升级双方供应链合作。仓储中心将为其客户提供包括收集、分拣、仓储、包装、配送在内的一站式物流服务，覆盖所有品类的产品。</li><li>截至2021年6月30日，京东物流运营约1200个仓库，总建筑面积约2300万平方米，包括京东物流开放仓库平台下管理的云仓库的仓库空间。</li></ul><b><u>其他亮点</u></b></blockquote></p><p></p><p> <ul>  <li>On June 18, AiHuiShou, a secondhand electronics transactions and services platform, was officially listed on the New York Stock Exchange under the stock ticker “RERE”. JD.com’s ownership ratio was approximately 33.4% after listing. According to the partnership agreement signed between JD.com and AiHuiShou, the two companies will cooperate in the areas of user traffic, marketing, R&amp;D, sales and channel commissions, supply chain and logistics, customer service and after-sales service.</li> </ul> <b><u>Operational Metrics Update</u></b></p><p><blockquote><ul><li>6月18日，二手电子交易和服务平台爱回收在纽交所正式挂牌上市，股票代码为“RERE”。京东上市后持股比例约为33.4%。根据京东与爱回收签署的合作伙伴协议，两家公司将在用户流量、营销、研发、销售和渠道佣金、供应链和物流、客户服务和售后服务等领域展开合作。</li></ul><b><u>运营指标更新</u></b></blockquote></p><p> <ul>  <li>As of June 30, 2021, JD.com had over 320,000 employees, excluding part-time and interns.</li> </ul> <b>Second Quarter 2021 Financial Results</b></p><p><blockquote><ul><li>截至2021年6月30日，京东拥有超过32万名员工，不包括兼职和实习生。</li></ul><b>2021年第二季度财务业绩</b></blockquote></p><p> <b><i>Net Revenues.</i></b>&nbsp;For the second quarter of 2021, JD.com reported net revenues of RMB253.8 billion (US$39.3 billion), representing a 26.2% increase from the same period in 2020. Net product revenues increased by 23.3%, while net service revenues increased by 49.2% for the second quarter of 2021, as compared to the same period of 2020.</p><p><blockquote><b><i>净收入。</i></b>2021年第二季度，京东报告净收入为人民币2538亿元（393亿美元），较2020年同期增长26.2%。与2020年同期相比，2021年第二季度产品净收入增长23.3%，服务净收入增长49.2%。</blockquote></p><p> <b><i>Cost of Revenues</i></b><b>.</b>Cost of revenues increased by 28.8% to RMB222.1 billion (US$34.4 billion) for the second quarter of 2021 from RMB172.4 billion for the second quarter of 2020.</p><p><blockquote><b><i>收入成本</i></b><b>.</b>收入成本从2020年第二季度的人民币1,724亿元增长28.8%至2021年第二季度的人民币2,221亿元（344亿美元）。</blockquote></p><p> <b><i>Fulfillment Expenses</i></b><b>.</b>Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 22.5% to RMB14.6 billion (US$2.3 billion) for the second quarter of 2021 from RMB12.0 billion for the second quarter of 2020. Fulfillment expenses as a percentage of net revenues was 5.8% for the second quarter of 2021, compared to 5.9% for the same period last year.</p><p><blockquote><b><i>履行费用</i></b><b>.</b>履约费用主要包括采购、仓储、交付、客户服务和支付处理费用，从2020年第二季度的人民币120亿元增长22.5%至2021年第二季度的人民币146亿元（23亿美元）。2021年第二季度履行费用占净收入的百分比为5.8%，而去年同期为5.9%。</blockquote></p><p> <b><i>Marketing Expenses</i></b><b>.</b>Marketing expenses increased by 56.0% to RMB10.6 billion (US$1.6 billion) for the second quarter of 2021 from RMB6.8 billion for the second quarter of 2020.</p><p><blockquote><b><i>营销费用</i></b><b>.</b>营销费用从2020年第二季度的人民币68亿元增长56.0%至2021年第二季度的人民币106亿元（16亿美元）。</blockquote></p><p> <b><i>Research and Development Expenses</i></b><b>.</b>Research and development expenses was RMB3.7 billion (US$0.6 billion) for the second quarter of 2021, as compared to RMB3.6 billion for the second quarter of 2020.</p><p><blockquote><b><i>研发费用</i></b><b>.</b>2021年第二季度的研发费用为人民币37亿元（6亿美元），而2020年第二季度为人民币36亿元。</blockquote></p><p> <b><i>General and Administrative Expenses</i></b><b>.</b>&nbsp;General and administrative expenses increased by 80.0% to RMB2.6 billion (US$0.4 billion) for the second quarter of 2021 from RMB1.4 billion for the second quarter of 2020. The increase was primarily due to the increase in share-based compensation expenses.</p><p><blockquote><b><i>一般及行政开支</i></b><b>.</b>一般及行政费用从2020年第二季度的人民币14亿元增长80.0%至2021年第二季度的人民币26亿元（4亿美元）。该增加主要由于以股份为基础的薪酬开支增加所致。</blockquote></p><p> <b><i>Income from Operations and Non-GAAP Income from Operations.</i></b>Income from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year. Non-GAAP income from operations for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to non-GAAP income from operations of RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020.</p><p><blockquote><b><i>运营收入和非公认会计准则运营收入。</i></b>2021年第二季度营业收入为人民币3.008亿元（4660万美元），而去年同期为人民币50亿元。2021年第二季度非GAAP运营收入为25亿元人民币（4亿美元），而2020年第二季度非GAAP运营收入为56亿元人民币。京东零售2021年第二季度未分配项目前的营业利润率为2.6%，与2020年第二季度相比保持稳定。</blockquote></p><p> <b><i>Non-GAAP EBITDA</i></b>for the second quarter of 2021 was RMB3.7 billion (US$0.6 billion), compared to RMB6.9 billion for the second quarter of 2020.</p><p><blockquote><b><i>非公认会计准则EBITDA</i></b>2021年第二季度为人民币37亿元（6亿美元），而2020年第二季度为人民币69亿元。</blockquote></p><p> <b><i>Share of Results of Equity Investees.</i></b>&nbsp;Share of results of equity investees was an income of RMB522.8 million (US$81.0 million) for the second quarter of 2021, as compared to an income of RMB4.0 billion for the second quarter of 2020. The substantial decrease was primarily due to a one-off dilution gain of RMB4.1 billion recognized upon the IPO of Dada Group during the second quarter of 2020.</p><p><blockquote><b><i>应佔权益被投资方业绩。</i></b>2021年第二季度股权投资公司业绩份额收入为人民币5.228亿元（8100万美元），而2020年第二季度收入为人民币40亿元。大幅减少主要是由于达达集团于2020年第二季度首次公开发售后确认的一次性摊薄收益人民币41亿元。</blockquote></p><p> <b><i>Net IncomeAttributable to Ordinary Shareholdersand Non-GAAP Net IncomeAttributable to Ordinary Shareholders.</i></b>Net income attributable to ordinary shareholders for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year. Non-GAAP net income attributable to ordinary shareholders for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.</p><p><blockquote><b><i>归属于普通股股东的净利润和非公认会计准则归属于普通股股东的净利润。</i></b>2021年第二季度归属于普通股股东的净利润为人民币7.943亿元（1.23亿美元），而去年同期为人民币164亿元。2021年第二季度非公认会计准则归属于普通股股东的净利润为人民币46亿元（7亿美元），而去年同期为人民币59亿元。</blockquote></p><p> <b><i>Diluted EPS and Non-GAAP Diluted EPS.</i></b>Diluted net income per ADS for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020. Non-GAAP diluted net income per ADS for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the second quarter of 2020.</p><p><blockquote><b><i>稀释每股收益和非公认会计准则稀释每股收益。</i></b>2021年第二季度每股美国存托凭证摊薄净利润为人民币0.50元（0.08美元），而2020年第二季度为人民币10.47元。2021年第二季度非公认会计准则摊薄后每股美国存托凭证净利润为人民币2.90元（0.45美元），而2020年第二季度为人民币3.51元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","09618":"京东集团-SW"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167336009","content_text":"Chinese e-commerce platform JD.com Inc on Monday beat analysts' expectations for quarterly revenue, boosted by strong demand for online shopping triggered by the COVID-19 pandemic.\nNet revenue at JD.com rose about 26% to 253.8 billion yuan ($39.14 billion) in the second quarter ended June 30. Analysts had expected revenue of 249.27 billion yuan, according to IBES data from Refinitiv.\nQ2 2021 JD.Com Inc Earnings Conference Call\nSecond Quarter 2021 Highlights\n\nNet revenues for the second quarter of 2021 were RMB253.8 billion (US$139.3 billion), an increase of 26.2% from the second quarter of 2020. Net service revenues for the second quarter of 2021 were RMB34.1 billion (US$5.3 billion), an increase of 49.2% from the second quarter of 2020.\nIncome from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year.Non-GAAP2income from operations for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 20203.\nNet incomeattributable to ordinary shareholders for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year.Non-GAAP net incomeattributable to ordinary shareholders for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.\nDiluted net income per ADS for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020.Non-GAAP diluted net income per ADS for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the same period last year.\nOperating cash flow for the twelve months ended June 30, 2021 increased to RMB38.9 billion (US$6.0 billion) from RMB26.3 billion for the twelve months ended June 30, 2020. Free cash flow, which excludes the impact from JD Baitiao receivables included in the operating cash flow, for the twelve months ended June 30, 2021 increased to RMB31.9 billion (US$4.9 billion), compared to RMB22.7 billion for the twelve months ended June 30, 2020.\nAnnual active customer accounts4 increased by 27.4% to 531.9 million in the twelve months ended June 30, 2021 from 417.4 million in the twelve months ended June 30, 2020.\n\nJD.com shares fell 1.8% in premarket trading.\n\nBusiness Highlights\nEnvironment, Social and Governance\n\nIn response to the severe flooding in the central China province of Henan, JD.com donated over 20 truckloads of rescue supplies and daily necessities dispatched from JD.com’s closest warehouse. Furthermore, JD Health opened a free 24-hour hotline for medical consultation and donated healthcare supplies for disinfection and epidemic prevention. The emergency efforts reflect the company’s longstanding policy of immediately donating goods to disaster areas from the nearest JD.com’s warehouse. JD Retail also assisted merchants in the affected regions through fee relief and additional insurance to accelerate the disaster recovery effort.\nOn June 18, JD.com published its Sustainability Report discussing the company’s achievements from 2018 to 2020 in creating a low-carbon enterprise through environmentally friendly logistics, procurement and facilities. Since 2017, JD.com has been gradually replacing traditional fuel-combustion trucks with new energy vehicles reducing carbon dioxide emissions by more than 120,000 tons each year.\nIn June, JD Logistics and P&G Beauty completed an environmentally friendly soccer field made from recycled plastic bottles at the Nanjing Foreign Language School, representing a milestone for JD.com’s Green Stream Initiative on its 4th anniversary. Last year, P&G Beauty joined JD Logistics’s bottle recycling program as a strategic partner to recycle plastic P&G brand products in Shanghai and Guangzhou. As of June 2021, over 20,000 families have participated in the program.\n\nJD Retail\n\nJD.com’s 618 Grand Promotion reported outstanding results. During the 18-day sale from June 1 to 18, over 236 brands achieved sales of over RMB100 million. Order requests from 92% of districts and counties and 84% of small towns were fulfilled on the same or next day. Omni-channel also played an integral part in the 618 Grand Promotion with over one thousand digital and computer stores supporting on-demand consumption and one-hour delivery service.\nLVMH group expanded its innovative partnerships with JD.com in the second quarter. Leveraging the JD.com mini-app, LVMH’s BVLGARI brand provided customers with a new shopping experience featuring a full suite of products including selected jewelry and watches. This represents the first time BVLGARI has collaborated with a third-party online retailer in its history of 137 years. Berluti, the top luxury menswear fashion house under the LVMH group, also established its first official global flagship store on JD.com during the period.\nSeveral internationally renowned beauty brands recently launched official flagship stores on JD.com including LVMH Group’s Guerlain in early August, as well as LVMH Group’s Givenchy Beauty and Benefit, Estee Lauder Companies’ Estee Lauder, Clinique and Origins, and L’Oreal's Kiehl's in July. The addition of these brands further enriches JD Beauty's high-quality product suite and ensures a best-of-class shopping experience for customers with services provided by JD Logistics.\n\nJD Health\n\nAs an important platform for healthcare brands to expand online sales channels and accelerate digitalization, in the second quarter, JD Health closely cooperated with leading global pharmaceutical companies. JD Health deepened its cooperation with UCB China and became its strategic partner for the distribution of UCB China’s anti-allergic drug Zyrtec (cetirizine hydrochloride tablet and drops). JD Health facilitated the expansion and maintenance of multiple sales channels for Zyrtec including online, offline small and medium sized chain pharmacies as well as individual pharmacies. JD Health also officially launched the AstraZeneca direct sales flagship store, Sanofi direct sales flagship store and other brand stores in order to provide more convenient and professional online and offline integrated healthcare services to patients with chronic diseases.\nIn order to address the need for supply chains for certain special drugs, in the second quarter, JD Health partnered with JD Logistics to establish “cold chain” capabilities covering over 100 cities in 12 provincial-level administrative regions across China. With such capabilities, JD Pharmacy is able to expand its business into special drugs for rare diseases. A number of cold chain products from Eli Lilly and Company, Novartis, Sanofi and other brands became available through JD Pharmacy.\n\nJD Logistics\n\nOn May 28, JD Logistics successfully listed on the Main Board of the Hong Kong Stock Exchange under the stock code “2618”. Net proceeds from this offering, including the over-allotment options, amounted to approximately RMB23.0 billion. After listing in Hong Kong, JD Logistics will continue to focus on developing its integrated supply chain, including upgrading and expanding its six logistics networks, developing advanced technologies to be used in its supply chain solutions and logistics services, expanding the breadth and depth of integrated solutions, improving supply chain efficiency and user experience for customers, and reducing operating costs.\nJD Logistics further strengthened its cross regional highway, railway and air cargo network to enhance its next-morning and next-day delivery service. As of June 30, 2021, JD Logistics had over 1,000 air cargo routes and the ability to utilize over 300 railway routes. During the 618 Grand Promotion, customers enjoyed delivery service within minutes of order placement in over 200 cities in China.\nIn June, JD Logistics and Xiaomi Youpin jointly launched a warehousing and distribution center in Tianjin, upgrading the supply chain cooperation between the two parties. The warehousing center will provide one-stop logistics services including collection, sorting, warehousing, packaging, and distribution, covering all categories of products for its customers.\nAs of June 30, 2021, JD Logistics operated approximately 1,200 warehouses, which covered an aggregate gross floor area of approximately 23 million square meters, including warehouse space of cloud warehouses managed under the JD Logistics Open Warehouse Platform.\n\nOther Highlights\n\nOn June 18, AiHuiShou, a secondhand electronics transactions and services platform, was officially listed on the New York Stock Exchange under the stock ticker “RERE”. JD.com’s ownership ratio was approximately 33.4% after listing. According to the partnership agreement signed between JD.com and AiHuiShou, the two companies will cooperate in the areas of user traffic, marketing, R&D, sales and channel commissions, supply chain and logistics, customer service and after-sales service.\n\nOperational Metrics Update\n\nAs of June 30, 2021, JD.com had over 320,000 employees, excluding part-time and interns.\n\nSecond Quarter 2021 Financial Results\nNet Revenues. For the second quarter of 2021, JD.com reported net revenues of RMB253.8 billion (US$39.3 billion), representing a 26.2% increase from the same period in 2020. Net product revenues increased by 23.3%, while net service revenues increased by 49.2% for the second quarter of 2021, as compared to the same period of 2020.\nCost of Revenues.Cost of revenues increased by 28.8% to RMB222.1 billion (US$34.4 billion) for the second quarter of 2021 from RMB172.4 billion for the second quarter of 2020.\nFulfillment Expenses.Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 22.5% to RMB14.6 billion (US$2.3 billion) for the second quarter of 2021 from RMB12.0 billion for the second quarter of 2020. Fulfillment expenses as a percentage of net revenues was 5.8% for the second quarter of 2021, compared to 5.9% for the same period last year.\nMarketing Expenses.Marketing expenses increased by 56.0% to RMB10.6 billion (US$1.6 billion) for the second quarter of 2021 from RMB6.8 billion for the second quarter of 2020.\nResearch and Development Expenses.Research and development expenses was RMB3.7 billion (US$0.6 billion) for the second quarter of 2021, as compared to RMB3.6 billion for the second quarter of 2020.\nGeneral and Administrative Expenses. General and administrative expenses increased by 80.0% to RMB2.6 billion (US$0.4 billion) for the second quarter of 2021 from RMB1.4 billion for the second quarter of 2020. The increase was primarily due to the increase in share-based compensation expenses.\nIncome from Operations and Non-GAAP Income from Operations.Income from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year. Non-GAAP income from operations for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to non-GAAP income from operations of RMB5.6 billion for the second quarter of 2020. Operating margin of JD Retail before unallocated items for the second quarter of 2021 was 2.6%, remained stable compared with the second quarter of 2020.\nNon-GAAP EBITDAfor the second quarter of 2021 was RMB3.7 billion (US$0.6 billion), compared to RMB6.9 billion for the second quarter of 2020.\nShare of Results of Equity Investees. Share of results of equity investees was an income of RMB522.8 million (US$81.0 million) for the second quarter of 2021, as compared to an income of RMB4.0 billion for the second quarter of 2020. The substantial decrease was primarily due to a one-off dilution gain of RMB4.1 billion recognized upon the IPO of Dada Group during the second quarter of 2020.\nNet IncomeAttributable to Ordinary Shareholdersand Non-GAAP Net IncomeAttributable to Ordinary Shareholders.Net income attributable to ordinary shareholders for the second quarter of 2021 was RMB794.3 million (US$123.0 million), compared to RMB16.4 billion for the same period last year. Non-GAAP net income attributable to ordinary shareholders for the second quarter of 2021 was RMB4.6 billion (US$0.7 billion), compared to RMB5.9 billion for the same period last year.\nDiluted EPS and Non-GAAP Diluted EPS.Diluted net income per ADS for the second quarter of 2021 was RMB0.50 (US$0.08), compared to RMB10.47 for the second quarter of 2020. Non-GAAP diluted net income per ADS for the second quarter of 2021 was RMB2.90 (US$0.45), compared to RMB3.51 for the second quarter of 2020.","news_type":1,"symbols_score_info":{"09618":0.9,"JD":0.9}},"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833411664,"gmtCreate":1629254742558,"gmtModify":1633686182784,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Price maybe too high now","listText":"Price maybe too high now","text":"Price maybe too high now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833411664","repostId":"1174691535","repostType":4,"isVote":1,"tweetType":1,"viewCount":526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899226469,"gmtCreate":1628202543651,"gmtModify":1633752775838,"author":{"id":"4090634070993250","authorId":"4090634070993250","name":"4ba26e35","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090634070993250","idStr":"4090634070993250"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899226469","repostId":"1105489937","repostType":4,"repost":{"id":"1105489937","kind":"news","pubTimestamp":1628155377,"share":"https://www.laohu8.com/m/news/1105489937?lang=zh_CN&edition=full","pubTime":"2021-08-05 17:22","market":"us","language":"en","title":"Goldman's Top 13 Charts For The Month Of August<blockquote>高盛8月份前13名图表</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105489937","media":"zerohedge","summary":"The start of a new month means that Goldman's flow traders need a new set of exciting ideas and trad","content":"<p>The start of a new month means that Goldman's flow traders need a new set of exciting ideas and trades to dangle before their clients, and that's just what Goldman traders Scott Rubner, Matthew Fleury, Matthieu Martal , Kavita Vaja, and Jonas Bovbjerg are doing by putting together the following 13 charts that capture some of the best ideas and trade recos emerging from the world's most powerful trading desk.</p><p><blockquote>新的一个月的开始意味着高盛的流量交易员需要一套新的令人兴奋的想法和交易摆在他们的客户面前，这正是高盛交易员Scott Rubner、Matthew Fleury、Matthieu Martal、Kavita Vaja和Jonas Bovbjerg正在做的事情，他们将以下13张图表放在一起，捕捉了来自世界上最强大的交易台的一些最佳想法和交易记录。</blockquote></p><p> <b>1. \"If you are a stock picker watching earnings prints you are likely fully engaged this week.</b>This week will be peak liquidity for the rest of the summer. Vacation or extended vacation schedules officially kick off next week after earnings season. As we sit right now. Liquidity is at the highs into a busy week\"</p><p><blockquote><b>1.“如果您是一名关注财报的选股者，本周您可能会全神贯注。</b>本周将是夏季剩余时间的流动性高峰。假期或延长假期计划将于下周财报季后正式开始。就像我们现在坐的那样。流动性处于高位，进入繁忙的一周”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7085a22959ed7e6fdb8e3dfe125c1d20\" tg-width=\"650\" tg-height=\"450\" referrerpolicy=\"no-referrer\"><b>2. \"I think equities would be fine with higher yields</b>- the negative correlation of SPX &amp; NDX with the 30yr has turned positive again. Higher yields are much less of a problem than they were earlier this year\"</p><p><blockquote><b>2.“我认为股票收益率较高会很好</b>-SPX和NDX与30年期的负相关性再次转为正相关性。与今年早些时候相比，较高的收益率问题要小得多”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5e5c5950acc89489fb308d300c3dc20f\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>3.</b>\"<b>China Regulation:</b>&nbsp;As the regulatory pressure on China's leading offshore internet &amp; education firms has increased in recent weeks, tech hardware companies listed onshore have outperformed the Chinese market. With the broader Chinese economy still in a growth phase (with Chinese equities historically displaying 22% return over 15months, entirely driven by earnings re-rating), and earnings revisions outside of the internet sector higher year to date (MSCI China ex Internet EPS up +5% vs China Internet EPS down -22% YTD), this basket is designed to benefit from the expansion of China's high tech manufacturing capabilities. For the first time in 5 years we have seen a meaningful divergence between HK and China listed Tech. ADRs have consistently underperformed.\"</p><p><blockquote><b>3.</b>\"<b>中国法规：</b>最近几周，随着中国领先的离岸互联网和教育公司面临的监管压力加大，在境内上市的科技硬件公司的表现优于中国市场。由于更广泛的中国经济仍处于增长阶段（中国股市在15个月内的回报率为22%，完全是由盈利重新评级推动的），以及今年迄今为止互联网行业以外的盈利修正较高（MSCI中国除外互联网每股收益上涨+5%，而中国互联网每股收益年初至今下降-22%），该篮子旨在受益于中国高科技制造能力的扩张。五年来，我们首次看到香港和中国上市科技公司之间存在显着差异。美国存托凭证的表现一直不佳。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9b5efa9b164299c0081319274ad88464\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>4. Implied dispersion levels have structurally reset higher over the past 5Y in Europe &amp; US.</b></p><p><blockquote><b>4.在过去的5年里，欧洲和美国的隐含离差水平结构性地重置为更高。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dd483873504d2edb4cce8ab9f3dca03\" tg-width=\"594\" tg-height=\"440\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>5. Dispersion performance has been stable due to rising realized levels over the same period</b></p><p><blockquote><b>5.由于同期实现水平上升，分散性能一直稳定</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dd483873504d2edb4cce8ab9f3dca03\" tg-width=\"594\" tg-height=\"440\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>6. SX5E 1Y Vega neutral dispersion offered defensives properties in GFC &amp; COVID due to realized volatility spikes.</b></p><p><blockquote><b>6.由于实现了波动性峰值，SX5E 1Y Vega中性分散体在GFC和COVID中提供了防御特性。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/828358d146ae81f8416d3e6260df9471\" tg-width=\"606\" tg-height=\"434\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>7. Index implied volatility has reset sharply lower pre- and post-COVID,</b>which has contributed to rising implied entry levels for dispersion. However, the compression of index realized volatility since the US elections has maintained stable dispersion performance from the index leg. SX5E 1Y Dispersion performance has been stable due to contribution from both index and single-stock legs.</p><p><blockquote><b>7.指数隐含波动率在新冠疫情前后大幅降低，</b>这导致了离散的隐含进入水平的上升。然而，自美国大选以来指数已实现波动率的压缩使指数腿保持了稳定的分散表现。由于指数和个股的贡献，SX5E 1Y分散表现一直稳定。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f79d93d1babf3fbcd8240888633b008f\" tg-width=\"600\" tg-height=\"438\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>8. The fall in index implied volatility in recent years can be partly explained by the sharp fall in index implied correlation levels as well as falling demand for upside call options in European equities.</b>Market-implied average single-stock correlation shows that whilst index implied volatility has fallen since 2015 and again post-COVID, driving the implied dispersion entry level higher, this has coincided with a sharp fall in implied correlation levels over the same period. Therefore, dispersion strategies which sell expensive implied correlation have continued to perform well despite higher implied dispersion entry levels. SX5E 1Y implied correlation has fallen more than index implied volatility levels.</p><p><blockquote><b>8.近年来指数隐含波动率下降的部分原因是指数隐含相关性水平急剧下降，以及欧洲股票对上行看涨期权期权的需求下降。</b>市场隐含平均个股相关性显示，虽然指数隐含波动率自2015年以来下降，并在COVID后再次下降，推动隐含离差进入水平上升，但这与同期隐含相关性水平急剧下降相吻合。因此，尽管隐含离差进入水平较高，但出售昂贵的隐含相关性的离差策略继续表现良好。SX5E 1Y隐含相关性的跌幅超过了指数隐含波动率水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6c4e4fd3d5c2103c572126ee034d92ee\" tg-width=\"600\" tg-height=\"435\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>9. Correlation of returns on t vs t-1 is deeply negative in SX5E</b></p><p><blockquote><b>9.在SX5E中，t与t-1的回报相关性非常负</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/999e9e1449cc5df8c196025b2f68b08b\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> <b>10. Despite the spread trading off the lower values during the post-Mar20 period, it remains at historical lows (18th percentile vs. past 5y).</b>The recent pick up in realized spread should support the forward vol level as we roll into the spot spread. Term-structure roll is favorable due to the steepness of the SPX term structure (~0.5v positive carry over the next 3m, everything else remaining equal). The spot spread gets delivered in December at extreme lows, &gt;3v below current 6m realized.</p><p><blockquote><b>10.尽管利差在2020年3月后期间脱离了较低的值，但仍处于历史低点（第18个百分点与过去5年相比）。</b>随着我们进入现货价差，最近已实现价差的回升应该会支撑远期成交量水平。由于SPX期限结构的陡度（在接下来的3m上约0.5 V正进位，其他条件保持不变），期限结构滚动是有利的。现货价差在12月份以极低的价格交付，比当前实现的6m低3v以上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9641a36f2830851d562be4216ceea61e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>11. Significant roll-up in the SX5E-SPX spread</b></p><p><blockquote><b>11.SX5E-SPX价差大幅上涨</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e03effca5987dae6fb8b74a564e750e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>12. Realized correlation between broader market vs. Momentum vs. EU Cyclicals/Defensives</b></p><p><blockquote><b>12.大盘与动量与欧盟周期性/防御性之间已实现的相关性</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e03effca5987dae6fb8b74a564e750e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>13. VOW3 term structure has materially flattened over the past year</b>(<b>red</b>&nbsp;vs.<b>grey</b>), driven by a combination of call overwriting in the front-end and more recently, long-dated upside options buyers. Implied volatility has also recently reset lower across the curve (<b>red</b>&nbsp;vs.<b>navy</b>) and the skew is flat/call skew is inverted. Therefore, consider owning long-dated upside call spreads which offer a high max. payout ratio (chart 4,<b>navy</b>) where you sell a call 3v higher (<b>grey</b>) than where you buy a call.</p><p><blockquote><b>13.VOW3期限结构在过去一年中基本持平</b>(<b>红色</b>vs.<b>灰色</b>），受到前端看涨期权覆盖和最近长期上行期权买家的共同推动。隐含波动率最近也在曲线上重置较低（<b>红色</b>vs.<b>海军</b>)并且偏斜是平的/看涨期权偏斜是反的。因此，考虑持有长期上行看涨期权利差，它提供了很高的最大派息率（图4，<b>海军</b>)哪里有卖看涨期权3v高的(<b>灰色</b>）比您购买看涨期权的地方还要多。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/daaa03296f95fab3243b899b370370c0\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman's Top 13 Charts For The Month Of August<blockquote>高盛8月份前13名图表</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman's Top 13 Charts For The Month Of August<blockquote>高盛8月份前13名图表</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-08-05 17:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The start of a new month means that Goldman's flow traders need a new set of exciting ideas and trades to dangle before their clients, and that's just what Goldman traders Scott Rubner, Matthew Fleury, Matthieu Martal , Kavita Vaja, and Jonas Bovbjerg are doing by putting together the following 13 charts that capture some of the best ideas and trade recos emerging from the world's most powerful trading desk.</p><p><blockquote>新的一个月的开始意味着高盛的流量交易员需要一套新的令人兴奋的想法和交易摆在他们的客户面前，这正是高盛交易员Scott Rubner、Matthew Fleury、Matthieu Martal、Kavita Vaja和Jonas Bovbjerg正在做的事情，他们将以下13张图表放在一起，捕捉了来自世界上最强大的交易台的一些最佳想法和交易记录。</blockquote></p><p> <b>1. \"If you are a stock picker watching earnings prints you are likely fully engaged this week.</b>This week will be peak liquidity for the rest of the summer. Vacation or extended vacation schedules officially kick off next week after earnings season. As we sit right now. Liquidity is at the highs into a busy week\"</p><p><blockquote><b>1.“如果您是一名关注财报的选股者，本周您可能会全神贯注。</b>本周将是夏季剩余时间的流动性高峰。假期或延长假期计划将于下周财报季后正式开始。就像我们现在坐的那样。流动性处于高位，进入繁忙的一周”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7085a22959ed7e6fdb8e3dfe125c1d20\" tg-width=\"650\" tg-height=\"450\" referrerpolicy=\"no-referrer\"><b>2. \"I think equities would be fine with higher yields</b>- the negative correlation of SPX &amp; NDX with the 30yr has turned positive again. Higher yields are much less of a problem than they were earlier this year\"</p><p><blockquote><b>2.“我认为股票收益率较高会很好</b>-SPX和NDX与30年期的负相关性再次转为正相关性。与今年早些时候相比，较高的收益率问题要小得多”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5e5c5950acc89489fb308d300c3dc20f\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>3.</b>\"<b>China Regulation:</b>&nbsp;As the regulatory pressure on China's leading offshore internet &amp; education firms has increased in recent weeks, tech hardware companies listed onshore have outperformed the Chinese market. With the broader Chinese economy still in a growth phase (with Chinese equities historically displaying 22% return over 15months, entirely driven by earnings re-rating), and earnings revisions outside of the internet sector higher year to date (MSCI China ex Internet EPS up +5% vs China Internet EPS down -22% YTD), this basket is designed to benefit from the expansion of China's high tech manufacturing capabilities. For the first time in 5 years we have seen a meaningful divergence between HK and China listed Tech. ADRs have consistently underperformed.\"</p><p><blockquote><b>3.</b>\"<b>中国法规：</b>最近几周，随着中国领先的离岸互联网和教育公司面临的监管压力加大，在境内上市的科技硬件公司的表现优于中国市场。由于更广泛的中国经济仍处于增长阶段（中国股市在15个月内的回报率为22%，完全是由盈利重新评级推动的），以及今年迄今为止互联网行业以外的盈利修正较高（MSCI中国除外互联网每股收益上涨+5%，而中国互联网每股收益年初至今下降-22%），该篮子旨在受益于中国高科技制造能力的扩张。五年来，我们首次看到香港和中国上市科技公司之间存在显着差异。美国存托凭证的表现一直不佳。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9b5efa9b164299c0081319274ad88464\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>4. Implied dispersion levels have structurally reset higher over the past 5Y in Europe &amp; US.</b></p><p><blockquote><b>4.在过去的5年里，欧洲和美国的隐含离差水平结构性地重置为更高。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dd483873504d2edb4cce8ab9f3dca03\" tg-width=\"594\" tg-height=\"440\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>5. Dispersion performance has been stable due to rising realized levels over the same period</b></p><p><blockquote><b>5.由于同期实现水平上升，分散性能一直稳定</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dd483873504d2edb4cce8ab9f3dca03\" tg-width=\"594\" tg-height=\"440\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>6. SX5E 1Y Vega neutral dispersion offered defensives properties in GFC &amp; COVID due to realized volatility spikes.</b></p><p><blockquote><b>6.由于实现了波动性峰值，SX5E 1Y Vega中性分散体在GFC和COVID中提供了防御特性。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/828358d146ae81f8416d3e6260df9471\" tg-width=\"606\" tg-height=\"434\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>7. Index implied volatility has reset sharply lower pre- and post-COVID,</b>which has contributed to rising implied entry levels for dispersion. However, the compression of index realized volatility since the US elections has maintained stable dispersion performance from the index leg. SX5E 1Y Dispersion performance has been stable due to contribution from both index and single-stock legs.</p><p><blockquote><b>7.指数隐含波动率在新冠疫情前后大幅降低，</b>这导致了离散的隐含进入水平的上升。然而，自美国大选以来指数已实现波动率的压缩使指数腿保持了稳定的分散表现。由于指数和个股的贡献，SX5E 1Y分散表现一直稳定。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f79d93d1babf3fbcd8240888633b008f\" tg-width=\"600\" tg-height=\"438\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>8. The fall in index implied volatility in recent years can be partly explained by the sharp fall in index implied correlation levels as well as falling demand for upside call options in European equities.</b>Market-implied average single-stock correlation shows that whilst index implied volatility has fallen since 2015 and again post-COVID, driving the implied dispersion entry level higher, this has coincided with a sharp fall in implied correlation levels over the same period. Therefore, dispersion strategies which sell expensive implied correlation have continued to perform well despite higher implied dispersion entry levels. SX5E 1Y implied correlation has fallen more than index implied volatility levels.</p><p><blockquote><b>8.近年来指数隐含波动率下降的部分原因是指数隐含相关性水平急剧下降，以及欧洲股票对上行看涨期权期权的需求下降。</b>市场隐含平均个股相关性显示，虽然指数隐含波动率自2015年以来下降，并在COVID后再次下降，推动隐含离差进入水平上升，但这与同期隐含相关性水平急剧下降相吻合。因此，尽管隐含离差进入水平较高，但出售昂贵的隐含相关性的离差策略继续表现良好。SX5E 1Y隐含相关性的跌幅超过了指数隐含波动率水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6c4e4fd3d5c2103c572126ee034d92ee\" tg-width=\"600\" tg-height=\"435\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>9. Correlation of returns on t vs t-1 is deeply negative in SX5E</b></p><p><blockquote><b>9.在SX5E中，t与t-1的回报相关性非常负</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/999e9e1449cc5df8c196025b2f68b08b\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p><p> <b>10. Despite the spread trading off the lower values during the post-Mar20 period, it remains at historical lows (18th percentile vs. past 5y).</b>The recent pick up in realized spread should support the forward vol level as we roll into the spot spread. Term-structure roll is favorable due to the steepness of the SPX term structure (~0.5v positive carry over the next 3m, everything else remaining equal). The spot spread gets delivered in December at extreme lows, &gt;3v below current 6m realized.</p><p><blockquote><b>10.尽管利差在2020年3月后期间脱离了较低的值，但仍处于历史低点（第18个百分点与过去5年相比）。</b>随着我们进入现货价差，最近已实现价差的回升应该会支撑远期成交量水平。由于SPX期限结构的陡度（在接下来的3m上约0.5 V正进位，其他条件保持不变），期限结构滚动是有利的。现货价差在12月份以极低的价格交付，比当前实现的6m低3v以上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9641a36f2830851d562be4216ceea61e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>11. Significant roll-up in the SX5E-SPX spread</b></p><p><blockquote><b>11.SX5E-SPX价差大幅上涨</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e03effca5987dae6fb8b74a564e750e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>12. Realized correlation between broader market vs. Momentum vs. EU Cyclicals/Defensives</b></p><p><blockquote><b>12.大盘与动量与欧盟周期性/防御性之间已实现的相关性</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/6e03effca5987dae6fb8b74a564e750e\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>13. VOW3 term structure has materially flattened over the past year</b>(<b>red</b>&nbsp;vs.<b>grey</b>), driven by a combination of call overwriting in the front-end and more recently, long-dated upside options buyers. Implied volatility has also recently reset lower across the curve (<b>red</b>&nbsp;vs.<b>navy</b>) and the skew is flat/call skew is inverted. Therefore, consider owning long-dated upside call spreads which offer a high max. payout ratio (chart 4,<b>navy</b>) where you sell a call 3v higher (<b>grey</b>) than where you buy a call.</p><p><blockquote><b>13.VOW3期限结构在过去一年中基本持平</b>(<b>红色</b>vs.<b>灰色</b>），受到前端看涨期权覆盖和最近长期上行期权买家的共同推动。隐含波动率最近也在曲线上重置较低（<b>红色</b>vs.<b>海军</b>)并且偏斜是平的/看涨期权偏斜是反的。因此，考虑持有长期上行看涨期权利差，它提供了很高的最大派息率（图4，<b>海军</b>)哪里有卖看涨期权3v高的(<b>灰色</b>）比您购买看涨期权的地方还要多。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/daaa03296f95fab3243b899b370370c0\" tg-width=\"650\" tg-height=\"450\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/goldmans-top-13-charts-month-august\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/goldmans-top-13-charts-month-august","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105489937","content_text":"The start of a new month means that Goldman's flow traders need a new set of exciting ideas and trades to dangle before their clients, and that's just what Goldman traders Scott Rubner, Matthew Fleury, Matthieu Martal , Kavita Vaja, and Jonas Bovbjerg are doing by putting together the following 13 charts that capture some of the best ideas and trade recos emerging from the world's most powerful trading desk.\n1. \"If you are a stock picker watching earnings prints you are likely fully engaged this week.This week will be peak liquidity for the rest of the summer. Vacation or extended vacation schedules officially kick off next week after earnings season. As we sit right now. Liquidity is at the highs into a busy week\"\n2. \"I think equities would be fine with higher yields- the negative correlation of SPX & NDX with the 30yr has turned positive again. Higher yields are much less of a problem than they were earlier this year\"\n\n3.\"China Regulation: As the regulatory pressure on China's leading offshore internet & education firms has increased in recent weeks, tech hardware companies listed onshore have outperformed the Chinese market. With the broader Chinese economy still in a growth phase (with Chinese equities historically displaying 22% return over 15months, entirely driven by earnings re-rating), and earnings revisions outside of the internet sector higher year to date (MSCI China ex Internet EPS up +5% vs China Internet EPS down -22% YTD), this basket is designed to benefit from the expansion of China's high tech manufacturing capabilities. For the first time in 5 years we have seen a meaningful divergence between HK and China listed Tech. ADRs have consistently underperformed.\"\n\n4. Implied dispersion levels have structurally reset higher over the past 5Y in Europe & US.\n\n5. Dispersion performance has been stable due to rising realized levels over the same period\n\n6. SX5E 1Y Vega neutral dispersion offered defensives properties in GFC & COVID due to realized volatility spikes.\n\n7. Index implied volatility has reset sharply lower pre- and post-COVID,which has contributed to rising implied entry levels for dispersion. However, the compression of index realized volatility since the US elections has maintained stable dispersion performance from the index leg. SX5E 1Y Dispersion performance has been stable due to contribution from both index and single-stock legs.\n\n8. The fall in index implied volatility in recent years can be partly explained by the sharp fall in index implied correlation levels as well as falling demand for upside call options in European equities.Market-implied average single-stock correlation shows that whilst index implied volatility has fallen since 2015 and again post-COVID, driving the implied dispersion entry level higher, this has coincided with a sharp fall in implied correlation levels over the same period. Therefore, dispersion strategies which sell expensive implied correlation have continued to perform well despite higher implied dispersion entry levels. SX5E 1Y implied correlation has fallen more than index implied volatility levels.\n\n9. Correlation of returns on t vs t-1 is deeply negative in SX5E\n\n10. Despite the spread trading off the lower values during the post-Mar20 period, it remains at historical lows (18th percentile vs. past 5y).The recent pick up in realized spread should support the forward vol level as we roll into the spot spread. Term-structure roll is favorable due to the steepness of the SPX term structure (~0.5v positive carry over the next 3m, everything else remaining equal). The spot spread gets delivered in December at extreme lows, >3v below current 6m realized.\n\n11. Significant roll-up in the SX5E-SPX spread\n\n12. Realized correlation between broader market vs. Momentum vs. EU Cyclicals/Defensives\n\n13. VOW3 term structure has materially flattened over the past year(red vs.grey), driven by a combination of call overwriting in the front-end and more recently, long-dated upside options buyers. Implied volatility has also recently reset lower across the curve (red vs.navy) and the skew is flat/call skew is inverted. Therefore, consider owning long-dated upside call spreads which offer a high max. payout ratio (chart 4,navy) where you sell a call 3v higher (grey) than where you buy a call.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,"SPY":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}