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jimann22
jimann22
·
2021-05-18
Going down further
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jimann22
jimann22
·
2021-05-09
Energy great
This Energy Company Is Gearing Up And Looks Ready For A Breakout
CleanSpark Inc. shares gained more than 5% Friday after the company reported second-quarter EPS and
This Energy Company Is Gearing Up And Looks Ready For A Breakout
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jimann22
jimann22
·
2021-05-08
Hope for the best
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jimann22
jimann22
·
2021-05-04
Wow
4 Dow Jones Stocks To Buy And Watch In May 2021: Apple Approaches New Buy Point
TheDow Jones Industrial Averageremain near record highs at the end of April, as the current stock ma
4 Dow Jones Stocks To Buy And Watch In May 2021: Apple Approaches New Buy Point
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jimann22
jimann22
·
2021-05-04
Stay invested!
Opinion: If you ‘sell in May,’ don’t go away
There’s no point leaving money on the table if you’re willing to take a more active roleShould you d
Opinion: If you ‘sell in May,’ don’t go away
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jimann22
jimann22
·
2021-05-03
Coin for me also
Hong Kong stocks end over 1% lower as financials, Mengniu weigh
HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent r
Hong Kong stocks end over 1% lower as financials, Mengniu weigh
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jimann22
jimann22
·
2021-05-02
Well done!
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jimann22
jimann22
·
2021-05-01
Ford getting better and better
On top of zero-emission vehicles, GM looks to clean up its own operations
By Ben Klayman DETROIT, April 30 (Reuters) - General Motors Co is targeting not only the elimin
On top of zero-emission vehicles, GM looks to clean up its own operations
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jimann22
jimann22
·
2021-04-30
Hope that it increases its contents
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jimann22
jimann22
·
2021-04-30
Great guy
DBS Will Take From Citi to Take On Grab
Aggressive deal-making can help Singapore’s biggest bank ward off new online challengers. Piyush Gup
DBS Will Take From Citi to Take On Grab
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The company posted earnings of 28 cents per share and net income of $7.4 million.</p>\n<p>CleanSpark shares ended Friday's session 5.87% higher at $19.30.<img src=\"https://static.tigerbbs.com/d561d2702ac248172c83d9b566f67674\" tg-width=\"1542\" tg-height=\"821\" referrerpolicy=\"no-referrer\"></p>\n<p><b>CleanSpark Daily Chart Analysis</b></p>\n<ul>\n <li>The stock has been falling throughout the last few months into what technical traders call a falling wedge pattern.</li>\n <li>The stock is trading below the 50-day moving average (green) and above the 200-day moving average (blue), indicating the stock is likely trading in a period of consolidation.</li>\n <li>The 50-day moving average may hold as a place of resistance and the 200-day moving average may be somewhere the stock finds support in the future.</li>\n</ul>\n<p><b>Key CleanSpark Levels To Watch</b></p>\n<ul>\n <li>The stock has been trading within the falling wedge pattern while also nearing a key level where it previously was unable to break.</li>\n <li>The falling wedge pattern is considered to be a bullish reversal pattern, and the stock could see an upwards move if it can cross above the resistance line that forms from connecting the highs.</li>\n <li>The chart history shows that the $15 level was a place that the stock struggled to cross for a period of time. Now that the stock is above this level, it may hold as support.</li>\n</ul>\n<p><b>What’s Next For CleanSpark?</b></p>\n<p>Bullish technical traders would like to see the stock bounce near the $15 level and start heading higher. A cross of the resistance line in the pattern hints to traders that the stock may be ready to break out and move higher.</p>\n<p>Bearish technical traders would like to see the stock fall down to the $15 level and break below. Consolidation below this level could be a tell that the stock is ready to move lower. If the price is unable to hold the 200-day moving average, sentiment may start turning bearish in the stock.</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 Energy Company Is Gearing Up And Looks Ready For A Breakout</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Energy Company Is Gearing Up And Looks Ready For A Breakout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 11:49 GMT+8 <a href=https://www.benzinga.com/news/earnings/21/05/21016881/this-energy-company-is-gearing-up-and-looks-ready-for-a-breakout><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CleanSpark Inc. shares gained more than 5% Friday after the company reported second-quarter EPS and sales results that were up year-over-year.\nCleanSpark is an advanced software and controls ...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/21/05/21016881/this-energy-company-is-gearing-up-and-looks-ready-for-a-breakout\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLSK":"CleanSpark, Inc."},"source_url":"https://www.benzinga.com/news/earnings/21/05/21016881/this-energy-company-is-gearing-up-and-looks-ready-for-a-breakout","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110398158","content_text":"CleanSpark Inc. shares gained more than 5% Friday after the company reported second-quarter EPS and sales results that were up year-over-year.\nCleanSpark is an advanced software and controls technology solution company focused on solving modern energy challenges. The company posted earnings of 28 cents per share and net income of $7.4 million.\nCleanSpark shares ended Friday's session 5.87% higher at $19.30.\nCleanSpark Daily Chart Analysis\n\nThe stock has been falling throughout the last few months into what technical traders call a falling wedge pattern.\nThe stock is trading below the 50-day moving average (green) and above the 200-day moving average (blue), indicating the stock is likely trading in a period of consolidation.\nThe 50-day moving average may hold as a place of resistance and the 200-day moving average may be somewhere the stock finds support in the future.\n\nKey CleanSpark Levels To Watch\n\nThe stock has been trading within the falling wedge pattern while also nearing a key level where it previously was unable to break.\nThe falling wedge pattern is considered to be a bullish reversal pattern, and the stock could see an upwards move if it can cross above the resistance line that forms from connecting the highs.\nThe chart history shows that the $15 level was a place that the stock struggled to cross for a period of time. Now that the stock is above this level, it may hold as support.\n\nWhat’s Next For CleanSpark?\nBullish technical traders would like to see the stock bounce near the $15 level and start heading higher. A cross of the resistance line in the pattern hints to traders that the stock may be ready to break out and move higher.\nBearish technical traders would like to see the stock fall down to the $15 level and break below. Consolidation below this level could be a tell that the stock is ready to move lower. If the price is unable to hold the 200-day moving average, sentiment may start turning bearish in the stock.","news_type":1,"symbols_score_info":{"CLSK":0.9}},"isVote":1,"tweetType":1,"viewCount":1082,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107155455,"gmtCreate":1620456681177,"gmtModify":1631884327874,"author":{"id":"3566520187799658","authorId":"3566520187799658","name":"jimann22","avatar":"https://static.tigerbbs.com/56be210ea8b5eaefec8a4f636e3d30ec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566520187799658","authorIdStr":"3566520187799658"},"themes":[],"htmlText":"Hope for the best","listText":"Hope for the best","text":"Hope for the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107155455","repostId":"1106882084","repostType":4,"isVote":1,"tweetType":1,"viewCount":2233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106517432,"gmtCreate":1620133869726,"gmtModify":1634207581521,"author":{"id":"3566520187799658","authorId":"3566520187799658","name":"jimann22","avatar":"https://static.tigerbbs.com/56be210ea8b5eaefec8a4f636e3d30ec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566520187799658","authorIdStr":"3566520187799658"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/106517432","repostId":"1157974027","repostType":4,"repost":{"id":"1157974027","kind":"news","pubTimestamp":1620133530,"share":"https://ttm.financial/m/news/1157974027?lang=&edition=full","pubTime":"2021-05-04 21:05","market":"us","language":"en","title":"4 Dow Jones Stocks To Buy And Watch In May 2021: Apple Approaches New Buy Point","url":"https://stock-news.laohu8.com/highlight/detail?id=1157974027","media":"Investor's Business Daily","summary":"TheDow Jones Industrial Averageremain near record highs at the end of April, as the current stock ma","content":"<p>TheDow Jones Industrial Averageremain near record highs at the end of April, as the current stock market rally continues. The best Dow Jones stocks to buy and watch in May 2021 are<b>Apple</b>(AAPL),<b>Boeing</b>(BA),<b>Disney</b>(DIS),<b>Goldman Sachs</b>(GS) and<b>Microsoft</b>(MSFT).</p><p>There are clear winners — and losers — heading into the fifth month of 2021. The top three performing Dow Jones stocks through April were<b>Walgreens Boots Alliance</b>(WBA), Goldman Sachs and<b>American Express</b>(AXP) with advances of 33.2%, 32.1% and 26.8%, respectively.</p><p>The three biggest Dow Jones losers through April 2021 were<b>Merck</b>(MRK),<b>Nike</b>(NKE) and <b>Procter & Gamble</b>(PG) with declines of 8.9%, 6.3% and 4.1%, respectively.</p><p>Amid the current stock market rally, the tech-heavy Nasdaq ended April up 8.3%. The S&P 500 was up 11.3%, while the DJIA was up 10.7% through April 30.</p><p><b>What Is The Dow Jones Industrial Average?</b></p><p>Founded in 1896 with 12 stocks, theDow Jones Industrial Averageis one of the oldest stock market indexes. There are 30 Dow Jones stocks designed to serve as a bellwether for the general U.S. stock market. Other major stock indexes include the technology-heavy Nasdaq composite and the S&P 500 index — an index of the 500 largest companies in the United States.</p><p><b>Best Dow Jones Stocks To Buy And Watch</b></p><p><img src=\"https://static.tigerbbs.com/336848a5c03e1363813713450d913c4b\" tg-width=\"485\" tg-height=\"281\" referrerpolicy=\"no-referrer\">Source: IBD Data As Of April 30, 2021</p><p>Amid the current stock market rally — according to theIBD Big Picture— investors should focus on buying top stocks breaking out past correct buy points.</p><p>Focus on stocks that show strong relative strengthduring the recent stock market strength. They could be some of market's leaders if the indexes are able to continue to set new highs.</p><p>Potential Dow Jones stocks to buy and watch in May 2021 that are in or near buy zones include Apple, Boeing, Disney, Goldman Sachs and Microsoft.</p><p><b>Apple Stock</b></p><p>Among the top Dow Jones stocks, Apple rose 0.8% Monday. Shares are trying to break out past a cup with handle's 135.53 buy point, but are below the new entry.</p><p>According to theIBD Stock Checkup,Apple stock showsa 77 out of a best-possible 99 IBD Composite Rating. TheComposite Rating — an easy way to identify top growth stocks — is a blend of key fundamental and technical metrics to help investors gauge a stock's strengths.</p><p><b>Boeing Stock</b></p><p>Airplane maker Boeing is below its key 50-day moving average line, according toIBD MarketSmithchart analysis. Meanwhile, shares could be forming a new base after a previous breakout above a 244.18 buy point faded.</p><p>Shares rose 0.4% Monday.</p><p><b>Disney Stock</b></p><p>Disney stock is approaching a 203.12buy pointin aflat base, according to IBD MarketSmithchart analysis. But the stock is still below its key 50-day moving average.</p><p>Disney stock moved down 0.3% Monday.</p><p><b>Goldman Sachs Stock</b></p><p>Goldman Sachsis approachinga 356.96 buy point in a flat base. Shares rallied 0.5% Monday.</p><p>GS stock rallied April 14 after reporting blowout Q1 earnings, led by strong trading and investment banking performance.</p><p><b>Microsoft Stock</b></p><p>Software giant Microsoft moved down 0.1% Monday. Shares of the Dow Jones leader are back in the 5% buy zone above a 246.23 buy point in a new flat base.</p><p>Microsoft is anIBD Leaderboardstock. Per Leaderboard commentary, \"Microsoft fell back into buy range after a poor reaction to the earnings report. It's best to avoid buying as shares decline, even if they are in a buy zone.\"</p>","source":"lsy1610612141385","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>4 Dow Jones Stocks To Buy And Watch In May 2021: Apple Approaches New Buy Point</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Dow Jones Stocks To Buy And Watch In May 2021: Apple Approaches New Buy Point\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 21:05 GMT+8 <a href=https://www.investors.com/research/dow-jones-stocks/?src=A00220><strong>Investor's Business Daily</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TheDow Jones Industrial Averageremain near record highs at the end of April, as the current stock market rally continues. The best Dow Jones stocks to buy and watch in May 2021 areApple(AAPL),Boeing(...</p>\n\n<a href=\"https://www.investors.com/research/dow-jones-stocks/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.investors.com/research/dow-jones-stocks/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157974027","content_text":"TheDow Jones Industrial Averageremain near record highs at the end of April, as the current stock market rally continues. The best Dow Jones stocks to buy and watch in May 2021 areApple(AAPL),Boeing(BA),Disney(DIS),Goldman Sachs(GS) andMicrosoft(MSFT).There are clear winners — and losers — heading into the fifth month of 2021. The top three performing Dow Jones stocks through April wereWalgreens Boots Alliance(WBA), Goldman Sachs andAmerican Express(AXP) with advances of 33.2%, 32.1% and 26.8%, respectively.The three biggest Dow Jones losers through April 2021 wereMerck(MRK),Nike(NKE) and Procter & Gamble(PG) with declines of 8.9%, 6.3% and 4.1%, respectively.Amid the current stock market rally, the tech-heavy Nasdaq ended April up 8.3%. The S&P 500 was up 11.3%, while the DJIA was up 10.7% through April 30.What Is The Dow Jones Industrial Average?Founded in 1896 with 12 stocks, theDow Jones Industrial Averageis one of the oldest stock market indexes. There are 30 Dow Jones stocks designed to serve as a bellwether for the general U.S. stock market. Other major stock indexes include the technology-heavy Nasdaq composite and the S&P 500 index — an index of the 500 largest companies in the United States.Best Dow Jones Stocks To Buy And WatchSource: IBD Data As Of April 30, 2021Amid the current stock market rally — according to theIBD Big Picture— investors should focus on buying top stocks breaking out past correct buy points.Focus on stocks that show strong relative strengthduring the recent stock market strength. They could be some of market's leaders if the indexes are able to continue to set new highs.Potential Dow Jones stocks to buy and watch in May 2021 that are in or near buy zones include Apple, Boeing, Disney, Goldman Sachs and Microsoft.Apple StockAmong the top Dow Jones stocks, Apple rose 0.8% Monday. Shares are trying to break out past a cup with handle's 135.53 buy point, but are below the new entry.According to theIBD Stock Checkup,Apple stock showsa 77 out of a best-possible 99 IBD Composite Rating. TheComposite Rating — an easy way to identify top growth stocks — is a blend of key fundamental and technical metrics to help investors gauge a stock's strengths.Boeing StockAirplane maker Boeing is below its key 50-day moving average line, according toIBD MarketSmithchart analysis. Meanwhile, shares could be forming a new base after a previous breakout above a 244.18 buy point faded.Shares rose 0.4% Monday.Disney StockDisney stock is approaching a 203.12buy pointin aflat base, according to IBD MarketSmithchart analysis. But the stock is still below its key 50-day moving average.Disney stock moved down 0.3% Monday.Goldman Sachs StockGoldman Sachsis approachinga 356.96 buy point in a flat base. Shares rallied 0.5% Monday.GS stock rallied April 14 after reporting blowout Q1 earnings, led by strong trading and investment banking performance.Microsoft StockSoftware giant Microsoft moved down 0.1% Monday. Shares of the Dow Jones leader are back in the 5% buy zone above a 246.23 buy point in a new flat base.Microsoft is anIBD Leaderboardstock. Per Leaderboard commentary, \"Microsoft fell back into buy range after a poor reaction to the earnings report. It's best to avoid buying as shares decline, even if they are in a buy zone.\"","news_type":1,"symbols_score_info":{"AAPL":0.9,"BA":0.9,"DIS":0.9,"GS":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106161268,"gmtCreate":1620093908654,"gmtModify":1634207866225,"author":{"id":"3566520187799658","authorId":"3566520187799658","name":"jimann22","avatar":"https://static.tigerbbs.com/56be210ea8b5eaefec8a4f636e3d30ec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566520187799658","authorIdStr":"3566520187799658"},"themes":[],"htmlText":"Stay invested!","listText":"Stay invested!","text":"Stay invested!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/106161268","repostId":"1140379495","repostType":4,"repost":{"id":"1140379495","kind":"news","pubTimestamp":1620092540,"share":"https://ttm.financial/m/news/1140379495?lang=&edition=full","pubTime":"2021-05-04 09:42","market":"us","language":"en","title":"Opinion: If you ‘sell in May,’ don’t go away","url":"https://stock-news.laohu8.com/highlight/detail?id=1140379495","media":"Market Wacth","summary":"There’s no point leaving money on the table if you’re willing to take a more active roleShould you d","content":"<p>There’s no point leaving money on the table if you’re willing to take a more active role</p><p>Should you dump all the stock market funds from your 401(k) and IRA on the first of May, go away, and come back again for Hallowe’en?</p><p>Definitely, says an old Wall Street adage.</p><p>Definitely not, say most financial advisers.</p><p>As for the evidence of history? It’s more ambiguous. If the numbers say anything, maybe it’s that “sell in May and go away” is only half right. Since 1900, someone who sold in May actually could have retired earlier and with more money—but only if they hung around and waited to buy their stocks back during the usual summer panic.</p><p>Obvious note: If you want an easy life, ignore all trading advice from the Wall Street crowd. Set some basic rules—asset allocation, clearly established sell signals and so on—and stick to them.</p><p>On the other hand, there’s no point leaving money on the table if you’re willing to take a more active role.</p><p>The Wall Street phrase “sell in May” dates back at least to the 1930s. Originally it seems to have started in Great Britain, where the rhyme went “sell in May, go away, and don’t come back till St Leger’s Day”—meaning a famous horse race that takes place in mid-September. The theory was that the stock market’s returns over the summer months are usually so dismal that there’s really no point being in the market.</p><p>The updated version of this adage calls it “the Hallowe’en Effect,” and stretches the hiatus from May 1 to October 31: A full six months.</p><p>It sounds like superstitious nonsense, but there is some remarkable evidence for it.One exhaustive academic studylooked at all the available stock market data from around the world going as far back as 1693 (coincidentally, the time of the Salem witch trials in Massachusetts—make of this what you will).</p><p>“In none of the 65 countries for which we have total returns and short term interest rates available—with the exception of Mauritius — can we reject a Sell in May effect,” report researchers Cherry Zhang and Ben Jacobsen. “Summer risk premiums are not only not significantly positive, they are in most cases not even marginally positive. In 45 countries the excess returns during summer have been negative, and in seven significantly so,” they write. In other words: Historically, all the stock market’s returns have come during the winter months. During the summer months, typically, the stock market’s returns haven’t been any better than the returns on keeping your money in the bank.</p><p>(Oh, unless you’re living in Mauritius.)</p><p>Smart money mavens have a number of pushbacks to all this. They’ll point out that this is somewhat random, and makes no logical sense. They’ll warn that likely gains don’t really compensate for the trading costs, the potential taxes (in a taxable account). And they’ll add that you risk missing out if the market rises.</p><p>Furthermore, they’ll say, once you and I get in the habit of getting into the market and then out of it again, most of us will simply mess it up. We’ll get back in too early, or too late, or not at all.</p><p>All reasonable points.</p><p>So the advice, “leave it alone,” is not wrong.</p><p>But…the mathematical criticism of “sell in May” is partly off-beam. That’s because critics assume we sell on May 1 and go away, and don’t come back until October 31.</p><p>I’ve looked through the history of the Dow Jones Industrial Average DJIA,+0.70% going back to 1900 and something amazing leaps out.</p><p>Ignore where the market ends up on October 31. The real opportunity occurs at some point during the six month period.</p><p>There has<i>almost always</i>been a “summer selloff.” In 105 out of 120 years, or 88% of the time, the stock market has posted a decline at some stage in the six months after May 1.</p><p>So in almost 9 years out of 10, someone who sold their stock funds at the start of May was able to buy them back more cheaply during the next six months.</p><p>The average decline is 8%. That’s measured from May through the bottom of the slump.</p><p>In more than half of all years, the Dow Jones has fallen at least 5% during the summer lull, and in nearly one year out of three it has fallen by double digits.</p><p>These, of course, included such greatest hits as 2008 (a crash of 37%), 2002 (28%), 1987 (24%), 1907 (32%), and, of course, our old friend the catastrophe of 1929-32. Nearly all the terrible carnage of 1929-1932 took place during the summer months.</p><p>Weird, but true.</p><p>An average selloff of 8% is not small potatoes. Over 20 years, someone who timed such a move perfectly every time would earn a remarkable 400% return.</p><p>If the stock market’s past is any guide to the future, the really clever move would be for us to sell our SPDR S&P 500 ETFSPY,+0.22%,Vanguard Total Stock Market Index FundVTSMX,+0.20%or similar this Monday…and then hang around for the sale. We’d buy back our stock fund back either on Hallowe’en, or when the market has fallen, say, 5%—whichever comes first.</p><p>All the years we got a bargain would more than compensate for the few years when there wasn’t one.</p><p>On the other hand, if the stock market’s past isn’t any guide to the future, then pretty much everything our financial adviser tells us is nonsense anyway.</p>","source":"lsy1604288433698","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>Opinion: If you ‘sell in May,’ don’t go away</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: If you ‘sell in May,’ don’t go away\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 09:42 GMT+8 <a href=https://www.marketwatch.com/story/if-you-sell-in-may-dont-go-away-11620070962?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There’s no point leaving money on the table if you’re willing to take a more active roleShould you dump all the stock market funds from your 401(k) and IRA on the first of May, go away, and come back ...</p>\n\n<a href=\"https://www.marketwatch.com/story/if-you-sell-in-may-dont-go-away-11620070962?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/51fb9fb4bb9a78041d2403ab1f31481b","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/if-you-sell-in-may-dont-go-away-11620070962?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140379495","content_text":"There’s no point leaving money on the table if you’re willing to take a more active roleShould you dump all the stock market funds from your 401(k) and IRA on the first of May, go away, and come back again for Hallowe’en?Definitely, says an old Wall Street adage.Definitely not, say most financial advisers.As for the evidence of history? It’s more ambiguous. If the numbers say anything, maybe it’s that “sell in May and go away” is only half right. Since 1900, someone who sold in May actually could have retired earlier and with more money—but only if they hung around and waited to buy their stocks back during the usual summer panic.Obvious note: If you want an easy life, ignore all trading advice from the Wall Street crowd. Set some basic rules—asset allocation, clearly established sell signals and so on—and stick to them.On the other hand, there’s no point leaving money on the table if you’re willing to take a more active role.The Wall Street phrase “sell in May” dates back at least to the 1930s. Originally it seems to have started in Great Britain, where the rhyme went “sell in May, go away, and don’t come back till St Leger’s Day”—meaning a famous horse race that takes place in mid-September. The theory was that the stock market’s returns over the summer months are usually so dismal that there’s really no point being in the market.The updated version of this adage calls it “the Hallowe’en Effect,” and stretches the hiatus from May 1 to October 31: A full six months.It sounds like superstitious nonsense, but there is some remarkable evidence for it.One exhaustive academic studylooked at all the available stock market data from around the world going as far back as 1693 (coincidentally, the time of the Salem witch trials in Massachusetts—make of this what you will).“In none of the 65 countries for which we have total returns and short term interest rates available—with the exception of Mauritius — can we reject a Sell in May effect,” report researchers Cherry Zhang and Ben Jacobsen. “Summer risk premiums are not only not significantly positive, they are in most cases not even marginally positive. In 45 countries the excess returns during summer have been negative, and in seven significantly so,” they write. In other words: Historically, all the stock market’s returns have come during the winter months. During the summer months, typically, the stock market’s returns haven’t been any better than the returns on keeping your money in the bank.(Oh, unless you’re living in Mauritius.)Smart money mavens have a number of pushbacks to all this. They’ll point out that this is somewhat random, and makes no logical sense. They’ll warn that likely gains don’t really compensate for the trading costs, the potential taxes (in a taxable account). And they’ll add that you risk missing out if the market rises.Furthermore, they’ll say, once you and I get in the habit of getting into the market and then out of it again, most of us will simply mess it up. We’ll get back in too early, or too late, or not at all.All reasonable points.So the advice, “leave it alone,” is not wrong.But…the mathematical criticism of “sell in May” is partly off-beam. That’s because critics assume we sell on May 1 and go away, and don’t come back until October 31.I’ve looked through the history of the Dow Jones Industrial Average DJIA,+0.70% going back to 1900 and something amazing leaps out.Ignore where the market ends up on October 31. The real opportunity occurs at some point during the six month period.There hasalmost alwaysbeen a “summer selloff.” In 105 out of 120 years, or 88% of the time, the stock market has posted a decline at some stage in the six months after May 1.So in almost 9 years out of 10, someone who sold their stock funds at the start of May was able to buy them back more cheaply during the next six months.The average decline is 8%. That’s measured from May through the bottom of the slump.In more than half of all years, the Dow Jones has fallen at least 5% during the summer lull, and in nearly one year out of three it has fallen by double digits.These, of course, included such greatest hits as 2008 (a crash of 37%), 2002 (28%), 1987 (24%), 1907 (32%), and, of course, our old friend the catastrophe of 1929-32. Nearly all the terrible carnage of 1929-1932 took place during the summer months.Weird, but true.An average selloff of 8% is not small potatoes. Over 20 years, someone who timed such a move perfectly every time would earn a remarkable 400% return.If the stock market’s past is any guide to the future, the really clever move would be for us to sell our SPDR S&P 500 ETFSPY,+0.22%,Vanguard Total Stock Market Index FundVTSMX,+0.20%or similar this Monday…and then hang around for the sale. We’d buy back our stock fund back either on Hallowe’en, or when the market has fallen, say, 5%—whichever comes first.All the years we got a bargain would more than compensate for the few years when there wasn’t one.On the other hand, if the stock market’s past isn’t any guide to the future, then pretty much everything our financial adviser tells us is nonsense anyway.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108255741,"gmtCreate":1620033713783,"gmtModify":1634208369231,"author":{"id":"3566520187799658","authorId":"3566520187799658","name":"jimann22","avatar":"https://static.tigerbbs.com/56be210ea8b5eaefec8a4f636e3d30ec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566520187799658","authorIdStr":"3566520187799658"},"themes":[],"htmlText":"Coin for me also","listText":"Coin for me also","text":"Coin for me also","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/108255741","repostId":"2132591211","repostType":4,"repost":{"id":"2132591211","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1620031880,"share":"https://ttm.financial/m/news/2132591211?lang=&edition=full","pubTime":"2021-05-03 16:51","market":"hk","language":"en","title":"Hong Kong stocks end over 1% lower as financials, Mengniu weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2132591211","media":"Reuters","summary":"HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent r","content":"<p>HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain.</p><p>The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index fell 1.04% to 10,713.</p><p>After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.</p><p>The Hong Kong Monetary Authority, the key manager of Hong Kong's Exchange Fund, said slow vaccination take up in the city could hinder its competitiveness as a business centre.</p><p>The sub-index of the Hang Seng tracking energy shares dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.</p><p>China's stock and bond markets, as well as its foreign exchange and commodity futures markets are closed on May 1-5 for the Labour Day holiday.</p><p>\"Investors were not even interested in hunting for bargain when markets like Japan and China were on holiday,\" said Steven Leung, a sales director at UOB Kay Hian, adding, concern over further measures from China's regulators aiming at new economy stocks also kept investors away.</p><p>The top gainer on the Hang Seng was China Petroleum & Chemical Corp, up 1.29%, while the biggest loser was China Mengniu Dairy Co Ltd, dropping 3.49%.</p><p>Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.73%.</p><p>The top gainers among H-shares were Anhui Conch Cement Co Ltd up 1.94%, followed by Hansoh Pharmaceutical Group Company Ltd, gaining 1.49% and <a href=\"https://laohu8.com/S/PSBKF\">Postal Savings Bank of China Co Ltd</a>, up by 1.38%.</p><p>The three biggest H-shares percentage decliners were China Mengniu Dairy Co Ltd, down 3.49%, China Feihe Ltd, falling 2.93% and <a href=\"https://laohu8.com/S/ALBHF\">Alibaba Health Information Technology Ltd</a>, down 2.53%.</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>Hong Kong stocks end over 1% lower as financials, Mengniu weigh</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong stocks end over 1% lower as financials, Mengniu weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-03 16:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain.</p><p>The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index fell 1.04% to 10,713.</p><p>After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.</p><p>The Hong Kong Monetary Authority, the key manager of Hong Kong's Exchange Fund, said slow vaccination take up in the city could hinder its competitiveness as a business centre.</p><p>The sub-index of the Hang Seng tracking energy shares dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.</p><p>China's stock and bond markets, as well as its foreign exchange and commodity futures markets are closed on May 1-5 for the Labour Day holiday.</p><p>\"Investors were not even interested in hunting for bargain when markets like Japan and China were on holiday,\" said Steven Leung, a sales director at UOB Kay Hian, adding, concern over further measures from China's regulators aiming at new economy stocks also kept investors away.</p><p>The top gainer on the Hang Seng was China Petroleum & Chemical Corp, up 1.29%, while the biggest loser was China Mengniu Dairy Co Ltd, dropping 3.49%.</p><p>Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.73%.</p><p>The top gainers among H-shares were Anhui Conch Cement Co Ltd up 1.94%, followed by Hansoh Pharmaceutical Group Company Ltd, gaining 1.49% and <a href=\"https://laohu8.com/S/PSBKF\">Postal Savings Bank of China Co Ltd</a>, up by 1.38%.</p><p>The three biggest H-shares percentage decliners were China Mengniu Dairy Co Ltd, down 3.49%, China Feihe Ltd, falling 2.93% and <a href=\"https://laohu8.com/S/ALBHF\">Alibaba Health Information Technology Ltd</a>, down 2.53%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00386":"中国石油化工股份","00005":"汇丰控股","03692":"翰森制药","HSCEI":"国企指数","HSTECH":"恒生科技指数","00241":"阿里健康","02319":"蒙牛乳业","00914":"海螺水泥","HSBA.UK":"汇丰控股有限公司","03143":"华夏香港银行股","HSI":"恒生指数","09988":"阿里巴巴-W","01024":"快手-W","HSBC":"汇丰","01658":"邮储银行","HSCCI":"红筹指数","06186":"中国飞鹤"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132591211","content_text":"HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, due to profit-booking after a recent rally in subdued trading as the Chinese markets were closed for holidays, while rising COVID-19 cases in the region raised concerns of more measures and deeper economic pain.The Hang Seng index closed down 367.34 points, or 1.28%, at 28,357.54, its lowest closing since March 29. The Hang Seng China Enterprises index fell 1.04% to 10,713.After identifying a cluster of COVID-19 cases over the weekend, Singapore tightened social distancing controls.The Hong Kong Monetary Authority, the key manager of Hong Kong's Exchange Fund, said slow vaccination take up in the city could hinder its competitiveness as a business centre.The sub-index of the Hang Seng tracking energy shares dipped 0.1%, while IT, financials and property sectors ended 0.53%, 2.04% and 0.57% lower, respectively.China's stock and bond markets, as well as its foreign exchange and commodity futures markets are closed on May 1-5 for the Labour Day holiday.\"Investors were not even interested in hunting for bargain when markets like Japan and China were on holiday,\" said Steven Leung, a sales director at UOB Kay Hian, adding, concern over further measures from China's regulators aiming at new economy stocks also kept investors away.The top gainer on the Hang Seng was China Petroleum & Chemical Corp, up 1.29%, while the biggest loser was China Mengniu Dairy Co Ltd, dropping 3.49%.Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.73%.The top gainers among H-shares were Anhui Conch Cement Co Ltd up 1.94%, followed by Hansoh Pharmaceutical Group Company Ltd, gaining 1.49% and Postal Savings Bank of China Co Ltd, up by 1.38%.The three biggest H-shares percentage decliners were China Mengniu Dairy Co Ltd, down 3.49%, China Feihe Ltd, falling 2.93% and Alibaba Health Information Technology Ltd, down 2.53%.","news_type":1,"symbols_score_info":{"00005":0.9,"00241":0.9,"00386":0.9,"00914":0.9,"01024":0.9,"01658":0.9,"02319":0.9,"03143":0.9,"03692":0.9,"06186":0.9,"09988":0.9,"HSBA.UK":0.9,"HSBC":0.9,"HSCCI":0.9,"HSCEI":0.9,"HSI":0.9,"HSTECH":0.9}},"isVote":1,"tweetType":1,"viewCount":1283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101444629,"gmtCreate":1619936630161,"gmtModify":1634208984304,"author":{"id":"3566520187799658","authorId":"3566520187799658","name":"jimann22","avatar":"https://static.tigerbbs.com/56be210ea8b5eaefec8a4f636e3d30ec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566520187799658","authorIdStr":"3566520187799658"},"themes":[],"htmlText":"Well done!","listText":"Well done!","text":"Well done!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101444629","repostId":"2132984415","repostType":2,"isVote":1,"tweetType":1,"viewCount":1110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101059506,"gmtCreate":1619832286605,"gmtModify":1631885343836,"author":{"id":"3566520187799658","authorId":"3566520187799658","name":"jimann22","avatar":"https://static.tigerbbs.com/56be210ea8b5eaefec8a4f636e3d30ec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566520187799658","authorIdStr":"3566520187799658"},"themes":[],"htmlText":"Ford getting better and better","listText":"Ford getting better and better","text":"Ford getting better and better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101059506","repostId":"2131566273","repostType":2,"repost":{"id":"2131566273","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619797088,"share":"https://ttm.financial/m/news/2131566273?lang=&edition=full","pubTime":"2021-04-30 23:38","market":"fut","language":"en","title":"On top of zero-emission vehicles, GM looks to clean up its own operations","url":"https://stock-news.laohu8.com/highlight/detail?id=2131566273","media":"Reuters","summary":"By Ben Klayman DETROIT, April 30 (Reuters) - General Motors Co is targeting not only the elimin","content":"<html><body><p>By Ben Klayman</p><p> DETROIT, April 30 (Reuters) - General Motors Co is targeting not only the elimination of tailpipe emissions by 2035 on all light vehicles it sells, but the largest U.S. automaker also is looking to clean up its own operations with goals it outlined on Friday.</p><p> The Detroit automaker released a series of new goals in its 2020 sustainability report, including reducing how much energy it takes to build vehicles and using returnable packaging. </p><p> \"In addition to addressing tailpipe emissions, we're focused on reducing emissions from the inside out,\" GM Chief Sustainability Officer Kristen Siemen said in a statement. \"That means reducing the amount of electricity, water and waste associated with the production of all vehicles and sourcing more sustainable materials, like those using recycled content and more efficient processes.\"</p><p> In January, GM said it aimed to sell all its new cars, SUVs and light-duty pickup trucks with zero tailpipe emissions by 2035, marking a potential dramatic shift away from gasoline and diesel engines. The company also plans to be carbon neutral by 2040. </p><p> In Friday's report, GM said its new sustainability goals include reducing operational energy intensity - or the energy used to make its vehicles - by 35% by 2035 against a 2010 baseline of 2.31 megawatt hours (MWh) per vehicle. That figure was 2.06 MWh per vehicle last year. </p><p> A megawatt hour is equal to 1,000 kilowatts of electricity used continuously for <a href=\"https://laohu8.com/S/AONE\">one</a> hour, or the equivalent of the amount of electricity used by about 330 homes in that period, according to CleanEnergyAuthority.com.</p><p> GM said it also wants to divert greater than 90% of waste sent to landfills and for incineration globally by 2025. Last year, GM sent more than 176,000 metric tons of waste to landfills and for incineration, down from almost 300,000 metric tons in 2016, according to the report.</p><p> The company said it wants to make packaging 100 percent returnable or made from mostly sustainable content by 2030. It did not have comparable numbers from 2020. </p><p> GM previously said it will source 100% renewable energy to power its U.S. sites by 2030 and global sites by 2035, five years ahead of a prior goal.</p><p> Separately on Friday, Ford Motor Co said it has established a supplier code of conduct relating to expectations for human rights, the environment, responsible material sourcing and lawful business practices, expanding on guidelines established since 2003.</p><p> (Reporting by Ben Klayman; Editing by Dan Grebler)</p><p>((benjamin.klayman@thomsonreuters.com; 313-600-2277; Reuters Messaging: benjamin.klayman.thomsonreuters.com@reuters.net))</p></body></html>","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>On top of zero-emission vehicles, GM looks to clean up its own operations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOn top of zero-emission vehicles, GM looks to clean up its own operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-30 23:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>By Ben Klayman</p><p> DETROIT, April 30 (Reuters) - General Motors Co is targeting not only the elimination of tailpipe emissions by 2035 on all light vehicles it sells, but the largest U.S. automaker also is looking to clean up its own operations with goals it outlined on Friday.</p><p> The Detroit automaker released a series of new goals in its 2020 sustainability report, including reducing how much energy it takes to build vehicles and using returnable packaging. </p><p> \"In addition to addressing tailpipe emissions, we're focused on reducing emissions from the inside out,\" GM Chief Sustainability Officer Kristen Siemen said in a statement. \"That means reducing the amount of electricity, water and waste associated with the production of all vehicles and sourcing more sustainable materials, like those using recycled content and more efficient processes.\"</p><p> In January, GM said it aimed to sell all its new cars, SUVs and light-duty pickup trucks with zero tailpipe emissions by 2035, marking a potential dramatic shift away from gasoline and diesel engines. The company also plans to be carbon neutral by 2040. </p><p> In Friday's report, GM said its new sustainability goals include reducing operational energy intensity - or the energy used to make its vehicles - by 35% by 2035 against a 2010 baseline of 2.31 megawatt hours (MWh) per vehicle. That figure was 2.06 MWh per vehicle last year. </p><p> A megawatt hour is equal to 1,000 kilowatts of electricity used continuously for <a href=\"https://laohu8.com/S/AONE\">one</a> hour, or the equivalent of the amount of electricity used by about 330 homes in that period, according to CleanEnergyAuthority.com.</p><p> GM said it also wants to divert greater than 90% of waste sent to landfills and for incineration globally by 2025. Last year, GM sent more than 176,000 metric tons of waste to landfills and for incineration, down from almost 300,000 metric tons in 2016, according to the report.</p><p> The company said it wants to make packaging 100 percent returnable or made from mostly sustainable content by 2030. It did not have comparable numbers from 2020. </p><p> GM previously said it will source 100% renewable energy to power its U.S. sites by 2030 and global sites by 2035, five years ahead of a prior goal.</p><p> Separately on Friday, Ford Motor Co said it has established a supplier code of conduct relating to expectations for human rights, the environment, responsible material sourcing and lawful business practices, expanding on guidelines established since 2003.</p><p> (Reporting by Ben Klayman; Editing by Dan Grebler)</p><p>((benjamin.klayman@thomsonreuters.com; 313-600-2277; Reuters Messaging: benjamin.klayman.thomsonreuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2131566273","content_text":"By Ben Klayman DETROIT, April 30 (Reuters) - General Motors Co is targeting not only the elimination of tailpipe emissions by 2035 on all light vehicles it sells, but the largest U.S. automaker also is looking to clean up its own operations with goals it outlined on Friday. The Detroit automaker released a series of new goals in its 2020 sustainability report, including reducing how much energy it takes to build vehicles and using returnable packaging. \"In addition to addressing tailpipe emissions, we're focused on reducing emissions from the inside out,\" GM Chief Sustainability Officer Kristen Siemen said in a statement. \"That means reducing the amount of electricity, water and waste associated with the production of all vehicles and sourcing more sustainable materials, like those using recycled content and more efficient processes.\" In January, GM said it aimed to sell all its new cars, SUVs and light-duty pickup trucks with zero tailpipe emissions by 2035, marking a potential dramatic shift away from gasoline and diesel engines. The company also plans to be carbon neutral by 2040. In Friday's report, GM said its new sustainability goals include reducing operational energy intensity - or the energy used to make its vehicles - by 35% by 2035 against a 2010 baseline of 2.31 megawatt hours (MWh) per vehicle. That figure was 2.06 MWh per vehicle last year. A megawatt hour is equal to 1,000 kilowatts of electricity used continuously for one hour, or the equivalent of the amount of electricity used by about 330 homes in that period, according to CleanEnergyAuthority.com. GM said it also wants to divert greater than 90% of waste sent to landfills and for incineration globally by 2025. Last year, GM sent more than 176,000 metric tons of waste to landfills and for incineration, down from almost 300,000 metric tons in 2016, according to the report. The company said it wants to make packaging 100 percent returnable or made from mostly sustainable content by 2030. It did not have comparable numbers from 2020. GM previously said it will source 100% renewable energy to power its U.S. sites by 2030 and global sites by 2035, five years ahead of a prior goal. Separately on Friday, Ford Motor Co said it has established a supplier code of conduct relating to expectations for human rights, the environment, responsible material sourcing and lawful business practices, expanding on guidelines established since 2003. (Reporting by Ben Klayman; Editing by Dan Grebler)((benjamin.klayman@thomsonreuters.com; 313-600-2277; Reuters Messaging: benjamin.klayman.thomsonreuters.com@reuters.net))","news_type":1,"symbols_score_info":{"F":0.9,"GM":1}},"isVote":1,"tweetType":1,"viewCount":1350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103812028,"gmtCreate":1619766189364,"gmtModify":1631884328426,"author":{"id":"3566520187799658","authorId":"3566520187799658","name":"jimann22","avatar":"https://static.tigerbbs.com/56be210ea8b5eaefec8a4f636e3d30ec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566520187799658","authorIdStr":"3566520187799658"},"themes":[],"htmlText":"Hope that it increases its contents ","listText":"Hope that it increases its contents ","text":"Hope that it increases its contents","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103812028","repostId":"1184460279","repostType":2,"isVote":1,"tweetType":1,"viewCount":1684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103818019,"gmtCreate":1619766023231,"gmtModify":1634210077595,"author":{"id":"3566520187799658","authorId":"3566520187799658","name":"jimann22","avatar":"https://static.tigerbbs.com/56be210ea8b5eaefec8a4f636e3d30ec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566520187799658","authorIdStr":"3566520187799658"},"themes":[],"htmlText":"Great guy","listText":"Great guy","text":"Great guy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103818019","repostId":"1176458076","repostType":2,"repost":{"id":"1176458076","kind":"news","pubTimestamp":1619759657,"share":"https://ttm.financial/m/news/1176458076?lang=&edition=full","pubTime":"2021-04-30 13:14","market":"sg","language":"en","title":"DBS Will Take From Citi to Take On Grab","url":"https://stock-news.laohu8.com/highlight/detail?id=1176458076","media":"Bloomberg","summary":"Aggressive deal-making can help Singapore’s biggest bank ward off new online challengers.\nPiyush Gup","content":"<p>Aggressive deal-making can help Singapore’s biggest bank ward off new online challengers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/daf76ba2765ffd73c362b0f4dbe91222\" tg-width=\"1400\" tg-height=\"933\"><span>Piyush Gupta must have his eye on some of his former employer’s assets. Photographer: Ore Huiying/Bloomberg</span></p>\n<p>The pandemic is far from over, but Singapore’s biggest bank is already off to the races.</p>\n<p>DBS Group Holdings Ltd.’s recent S$1.1 billion ($828 million) purchase of a 13% stake in a rural Chinese bank gives a flavor of the aggressive deal-making investors can expect, as Citigroup Inc.’s exit from retail operations in Asia outside Singapore and Hong Kong puts assetson the block.</p>\n<p>The Citi sale couldn’t have come at a better moment. DBS Chief Executive Piyush Gupta must be thinking hard about what he could snag from his former employer:India? Indonesia? Both? He doesn’t have the luxury of time. On its home turf, DBS is relatively safe for now. But new-age virtual banks, one from ride-hailing app Grab Holdings Inc. and another from mobile-games maker Sea Ltd., are coming to Singapore. Grab’s record $40 billion merger with a blank-check company gives it balance-sheet muscle, which it is bound to flex against DBS.</p>\n<p>Luckily for the traditional lender, a revival in profit means it can buttress its Asian heft before challenger banks enter. A drop in new bad loans and a write-back of past allowances saw net income doubling from the previous three months to a better-than-expected S$2 billion in the first quarter, the bank said Friday. The thick cushion DBS built to absorb blows from Covid-19 disruption ought to come in handy this year as Singapore opens up, starting with a planned travel bubble with Hong Kong in May. Besides, with Singapore private home prices growing the fastest since 2018, mortgage loan demand is high.</p>\n<p>The loan pricing, though, is far from great. Pretty much the only thing weighing on earnings is the excess liquidity sloshing about in the island-state. It’s keeping a lid on interest rates DBS can charge customers. Net interest margin in the first quarter was 1.49%, unchanged from the previous three months. During the same period last year, the margin was 1.86%.</p>\n<p>Investors aren’t waiting for interest rates to normalize. For them, it’s enough that credit volumes are coming back. Gupta said he’s upgrading the outlook for full-year loan growth to “mid-to-high single digits.” Shares of DBS and its two smaller Singapore peers, Oversea-Chinese Banking Corp. and United Overseas Bank Ltd., have jumped 40%-plus since last October.</p>\n<p><img src=\"https://static.tigerbbs.com/16f497ec4e5e68489a07e0705cc67a3e\" tg-width=\"955\" tg-height=\"559\"></p>\n<p>DBS should also expect a boost from the nervousness over Hong Kong’s openness and rule of law as Beijing tightens its grip. The greater the exodus of money and talent from the special administrative region, the bigger the opportunity for traditional rival Singapore to bulk up as a financial center.</p>\n<p>As a bank from politically neutral Singapore, DBS might even fancy its chances in Beijing’s ambitious Greater Bay Area. That capital-guzzling plan to connect Hong Kong with cities in southern China is a more natural bailiwick for HSBC Holdings Plc. But the London-headquartered lender is badly entangled in economic confrontations between the People’s Republic and the West. By paying top dollar to become the largest shareholder of Shenzhen Rural Commercial Bank Corp., Gupta is signaling his intention to play.</p>\n<p>And why not? As I have argued before, Singapore’s largest bank is too dependent on its home market. Nationalist politics in Indonesia thwarted its $6.5 billion purchase of PT Bank Danamon, which eventually fell in the lap of Mitsubishi UFJ Financial Group. That was eight years ago. Since then, DBS has acquired Australia & New Zealand Banking Group Ltd.’s retail and wealth businesses in Singapore, Hong Kong, China, Taiwan and Indonesia. More recently, it took over the assets and liabilities of Lakshmi Vilas Bank Ltd., a troubled Indian lender the central bank wanted to put out of its misery.</p>\n<p>None of this comes cheap. Half or more of the3% to 4% increase this year in DBS’s expenses from pre-pandemic 2019 levels will be on account of Lakshmi Vilas. But these “bolt-on” acquisitions, as Gupta terms them, will complement investment in digital banking. The technology push will go beyond consumer banking. Together with JPMorgan Chase & Co., and Singapore state investment firm Temasek Holdings Pte, DBS is taking part ownership of a new blockchain-based platform for instantaneous settlement of cross-border payments between financial institutions. Offering services in tokenized money to corporate clients could see DBS open a fresh battlefront against Citigroup, HSBC and Standard Chartered Plc, the global-local, or “glocal,” trio that dominates transactions banking in Asia.</p>\n<p>Citi’s slimming down gives DBS the opportunity; Grab’s impending arrival provides the motive; and a post-pandemic upswing in profitability supplies the wherewithal. Expect Gupta to crank up the M&A machine.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DBS Will Take From Citi to Take On Grab</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS Will Take From Citi to Take On Grab\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 13:14 GMT+8 <a href=https://www.bloomberg.com/opinion/articles/2021-04-30/dbs-will-take-from-citi-to-take-on-grab?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aggressive deal-making can help Singapore’s biggest bank ward off new online challengers.\nPiyush Gupta must have his eye on some of his former employer’s assets. Photographer: Ore Huiying/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-04-30/dbs-will-take-from-citi-to-take-on-grab?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/opinion/articles/2021-04-30/dbs-will-take-from-citi-to-take-on-grab?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176458076","content_text":"Aggressive deal-making can help Singapore’s biggest bank ward off new online challengers.\nPiyush Gupta must have his eye on some of his former employer’s assets. Photographer: Ore Huiying/Bloomberg\nThe pandemic is far from over, but Singapore’s biggest bank is already off to the races.\nDBS Group Holdings Ltd.’s recent S$1.1 billion ($828 million) purchase of a 13% stake in a rural Chinese bank gives a flavor of the aggressive deal-making investors can expect, as Citigroup Inc.’s exit from retail operations in Asia outside Singapore and Hong Kong puts assetson the block.\nThe Citi sale couldn’t have come at a better moment. DBS Chief Executive Piyush Gupta must be thinking hard about what he could snag from his former employer:India? Indonesia? Both? He doesn’t have the luxury of time. On its home turf, DBS is relatively safe for now. But new-age virtual banks, one from ride-hailing app Grab Holdings Inc. and another from mobile-games maker Sea Ltd., are coming to Singapore. Grab’s record $40 billion merger with a blank-check company gives it balance-sheet muscle, which it is bound to flex against DBS.\nLuckily for the traditional lender, a revival in profit means it can buttress its Asian heft before challenger banks enter. A drop in new bad loans and a write-back of past allowances saw net income doubling from the previous three months to a better-than-expected S$2 billion in the first quarter, the bank said Friday. The thick cushion DBS built to absorb blows from Covid-19 disruption ought to come in handy this year as Singapore opens up, starting with a planned travel bubble with Hong Kong in May. Besides, with Singapore private home prices growing the fastest since 2018, mortgage loan demand is high.\nThe loan pricing, though, is far from great. Pretty much the only thing weighing on earnings is the excess liquidity sloshing about in the island-state. It’s keeping a lid on interest rates DBS can charge customers. Net interest margin in the first quarter was 1.49%, unchanged from the previous three months. During the same period last year, the margin was 1.86%.\nInvestors aren’t waiting for interest rates to normalize. For them, it’s enough that credit volumes are coming back. Gupta said he’s upgrading the outlook for full-year loan growth to “mid-to-high single digits.” Shares of DBS and its two smaller Singapore peers, Oversea-Chinese Banking Corp. and United Overseas Bank Ltd., have jumped 40%-plus since last October.\n\nDBS should also expect a boost from the nervousness over Hong Kong’s openness and rule of law as Beijing tightens its grip. The greater the exodus of money and talent from the special administrative region, the bigger the opportunity for traditional rival Singapore to bulk up as a financial center.\nAs a bank from politically neutral Singapore, DBS might even fancy its chances in Beijing’s ambitious Greater Bay Area. That capital-guzzling plan to connect Hong Kong with cities in southern China is a more natural bailiwick for HSBC Holdings Plc. But the London-headquartered lender is badly entangled in economic confrontations between the People’s Republic and the West. By paying top dollar to become the largest shareholder of Shenzhen Rural Commercial Bank Corp., Gupta is signaling his intention to play.\nAnd why not? As I have argued before, Singapore’s largest bank is too dependent on its home market. Nationalist politics in Indonesia thwarted its $6.5 billion purchase of PT Bank Danamon, which eventually fell in the lap of Mitsubishi UFJ Financial Group. That was eight years ago. Since then, DBS has acquired Australia & New Zealand Banking Group Ltd.’s retail and wealth businesses in Singapore, Hong Kong, China, Taiwan and Indonesia. More recently, it took over the assets and liabilities of Lakshmi Vilas Bank Ltd., a troubled Indian lender the central bank wanted to put out of its misery.\nNone of this comes cheap. Half or more of the3% to 4% increase this year in DBS’s expenses from pre-pandemic 2019 levels will be on account of Lakshmi Vilas. But these “bolt-on” acquisitions, as Gupta terms them, will complement investment in digital banking. The technology push will go beyond consumer banking. Together with JPMorgan Chase & Co., and Singapore state investment firm Temasek Holdings Pte, DBS is taking part ownership of a new blockchain-based platform for instantaneous settlement of cross-border payments between financial institutions. Offering services in tokenized money to corporate clients could see DBS open a fresh battlefront against Citigroup, HSBC and Standard Chartered Plc, the global-local, or “glocal,” trio that dominates transactions banking in Asia.\nCiti’s slimming down gives DBS the opportunity; Grab’s impending arrival provides the motive; and a post-pandemic upswing in profitability supplies the wherewithal. Expect Gupta to crank up the M&A machine.","news_type":1,"symbols_score_info":{"C":0.9,"D05.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}