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WeeNi
WeeNi
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2021-06-05
Noted
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WeeNi
WeeNi
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2021-05-28
Tiger! Tiger
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WeeNi
WeeNi
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2021-05-28
Like pls
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WeeNi
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2021-05-28
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WeeNi
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2021-05-28
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WeeNi
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2021-05-28
Like pls
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WeeNi
WeeNi
·
2021-05-25
Like pls
HSBC does not plan to have cryptocurrency trading desk: CEO
LONDON (Reuters) - HSBC has no plans to launch a cryptocurrency trading desk or offer the digital co
HSBC does not plan to have cryptocurrency trading desk: CEO
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WeeNi
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2021-05-25
?
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WeeNi
WeeNi
·
2021-05-25
Oh no ~~
Manufacturing could return to China, as Covid cases spike in India and Vietnam
KEY POINTS Previously, the U.S.-China trade war caused companies to move their supply chains out of
Manufacturing could return to China, as Covid cases spike in India and Vietnam
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WeeNi
WeeNi
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2021-05-25
Yeah
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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\">\nHSBC does not plan to have cryptocurrency trading desk: CEO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 22:31 GMT+8 <a href=http://www.straitstimes.com/business/banking/hsbc-does-not-plan-to-have-cryptocurrency-trading-desk-ceo><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON (Reuters) - HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its chief ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/hsbc-does-not-plan-to-have-cryptocurrency-trading-desk-ceo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/banking/hsbc-does-not-plan-to-have-cryptocurrency-trading-desk-ceo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137532471","content_text":"LONDON (Reuters) - HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its chief executive Noel Quinn told Reuters.Europe's largest bank's stance on cryptocurrencies comes as the world's biggest and best-known, Bitcoin, has tumbled nearly 50 per cent from the year's high, after China cracked down on mining the currency and prominent advocate Elon Musk tempered his support.It marks it out against rivals such as Goldman Sachs, which Reuters in March reported had restarted its cryptocurrency trading desk, and UBS which other media said was exploring ways to offer the currencies as an investment product.\"Given the volatility we are not into Bitcoin as an asset class, if our clients want to be there then of course they are, but we are not promoting it as an asset class within our wealth management business,\" Quinn said.\"For similar reasons we're not rushing into stablecoins,\"he said, referring to digital currencies such as Tether that seek to avoid the volatility typically associated with cryptocurrencies by pegging their value to assets such as the U.S. dollar.Bitcoin traded at US$36,387 on Monday, down nearly 50 per cent in just 40 days from its year high of US$64,895 on April 14.Pressure on the currency intensified after the billionaire Tesla Chief Executive and cryptocurrency backer Musk reversed his stance on Tesla accepting Bitcoin as payment.However, Quinn said that he was a believer in central bank digital currencies (CBDCs), which several countries including the United States and China are working on.\"CBDCs can facilitate international transactions in e-wallets more simply, they take out friction costs and they are likely to operate in a transparent manner and have strong attributes of stored value,\" he said.HSBC is talking to several governments about their CBDC initiatives, including countries such as Britain, China, Canada and the United Arab Emirates, he said.'Difficult questions'China's CBDC project is one of the most advanced among major global economies. City-wide trials involving state-owned banks began last year, and there is also a pilot project for cross border use underway in Hong Kong.China is also involved in a separate project exploring CBDCs for cross-border payments, which HSBC has been involved in.While Beijing presses ahead with central bank digital currencies, it has stepped up efforts to curb usage of cryptocurrencies.China, which is central to HSBC's growth strategy, said last Tuesday that it had banned financial institutions and payment companies from providing services related to cryptocurrency transactions.Reuters reported in April that HSBC had banned customers in its online share trading platform from buying shares in Bitcoin-backed MicroStrategy, saying in a message to clients that it would not facilitate the buying or exchange of products related to virtual currencies.","news_type":1,"symbols_score_info":{"00005":0.9,"03143":0.9,"HSBC":0.9}},"isVote":1,"tweetType":1,"viewCount":2197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138903723,"gmtCreate":1621903425262,"gmtModify":1634185677524,"author":{"id":"3571130591653625","authorId":"3571130591653625","name":"WeeNi","avatar":"https://static.tigerbbs.com/5cec7818309dd699c7e66180fe4d2081","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571130591653625","authorIdStr":"3571130591653625"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/138903723","repostId":"2138689151","repostType":4,"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138903096,"gmtCreate":1621903389715,"gmtModify":1634185678346,"author":{"id":"3571130591653625","authorId":"3571130591653625","name":"WeeNi","avatar":"https://static.tigerbbs.com/5cec7818309dd699c7e66180fe4d2081","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571130591653625","authorIdStr":"3571130591653625"},"themes":[],"htmlText":"Oh no ~~","listText":"Oh no ~~","text":"Oh no ~~","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/138903096","repostId":"1162260293","repostType":4,"repost":{"id":"1162260293","kind":"news","pubTimestamp":1621900762,"share":"https://www.laohu8.com/m/news/1162260293?lang=&edition=full","pubTime":"2021-05-25 07:59","market":"us","language":"en","title":"Manufacturing could return to China, as Covid cases spike in India and Vietnam","url":"https://stock-news.laohu8.com/highlight/detail?id=1162260293","media":"cnbc","summary":"KEY POINTS\n\nPreviously, the U.S.-China trade war caused companies to move their supply chains out of","content":"<div>\n<p>KEY POINTS\n\nPreviously, the U.S.-China trade war caused companies to move their supply chains out of China. As a result, countries like Vietnam and India benefited as companies set up shop there.\nBut ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/25/supply-chains-may-return-to-china-amid-covid-resurgence-in-india-vietnam.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Manufacturing could return to China, as Covid cases spike in India and Vietnam</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\">\nManufacturing could return to China, as Covid cases spike in India and Vietnam\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 07:59 GMT+8 <a href=https://www.cnbc.com/2021/05/25/supply-chains-may-return-to-china-amid-covid-resurgence-in-india-vietnam.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nPreviously, the U.S.-China trade war caused companies to move their supply chains out of China. As a result, countries like Vietnam and India benefited as companies set up shop there.\nBut ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/25/supply-chains-may-return-to-china-amid-covid-resurgence-in-india-vietnam.html\">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.cnbc.com/2021/05/25/supply-chains-may-return-to-china-amid-covid-resurgence-in-india-vietnam.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1162260293","content_text":"KEY POINTS\n\nPreviously, the U.S.-China trade war caused companies to move their supply chains out of China. As a result, countries like Vietnam and India benefited as companies set up shop there.\nBut the situation is changing, and supply chains could pivot back to China as cases spike in India and Vietnam, according to Zhang Zhiwei, chief economist at Pinpoint Asset Management.\n\nThe Covid-19 resurgence in some parts of Asia could lead to a change in fortunes for China, according to an economist.\nPreviously, the U.S.-China trade war caused companies to move their supply chains out of China, shifting their production and distribution networks for products and services. As a result, countries like Vietnam and India benefited as companies moved to set up shop in their countries.\nBut the situation appears to be changing, and supply chains could pivot back to China as cases spike in India and Vietnam, according to Zhang Zhiwei, chief economist at Pinpoint Asset Management.\n\"Before the pandemic, we saw factories moving out of China — Samsung, Foxconn these big name companies — setting up factories in Vietnam, India,\" he told CNBC's \"Street Signs Asia\" on Monday.\nThe spike in cases in those two countries has forced factories owned by Taiwanese contract manufacturer Foxconn, a major Apple supplier, to shut down facilities in India and Vietnam, he said.\n\"This could put the relocation of supply chains on hold for quite some time. The key issue here is that international travel is suspended, so multinational companies can't send their staff to India and Vietnam to set up new factories,\" Zhang added.\nCases in India surged to record-breaking highs in April andshows little signs of abating significantly—economists have predicted the South Asian economy will likely contract this quarter.\nIn Vietnam, the northern province of Bac Giang on Tuesday ordered four industrial parks — including three that house production facilities of Taiwan's Foxconn— to temporarily shut down due to an outbreak of Covid-19.\nThe situation could benefit China, Zhang suggested. However, he pointed out that the extent of how much China could stand to gain will depend on how long the situation in India and Vietnam continues for.\nRight now, export growth in China is between 20% to 40% a month, he said. If the factories in India and Vietnam return to production very soon, China's exports would be expected to slow down in the second half of the year as companies move their manufacturing to those two countries.\n\"But if supply chain (in India and Vietnam) is disrupted for a long time, we could see this kind of 20%, 30% export growth (in China) to continue into next year,\" Zhang said.","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9,"000001.SH":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138909843,"gmtCreate":1621903353282,"gmtModify":1634185678826,"author":{"id":"3571130591653625","authorId":"3571130591653625","name":"WeeNi","avatar":"https://static.tigerbbs.com/5cec7818309dd699c7e66180fe4d2081","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571130591653625","authorIdStr":"3571130591653625"},"themes":[],"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/138909843","repostId":"1184758686","repostType":4,"isVote":1,"tweetType":1,"viewCount":1034,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}