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Aloysius9999
Aloysius9999
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2021-07-01
Hi
North Carolina: Medical Marijuana Wins Nearly Unanimous Approval In GOP-Controlled General Assembly
A key Senate committee overwhelmingly approved a proposal to allow medical marijuana use in North Ca
North Carolina: Medical Marijuana Wins Nearly Unanimous Approval In GOP-Controlled General Assembly
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Aloysius9999
Aloysius9999
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2021-06-30
No
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Aloysius9999
Aloysius9999
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2021-06-29
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Aloysius9999
Aloysius9999
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2021-06-28
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Aloysius9999
Aloysius9999
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2021-06-25
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'Meme' stock-market trend around AMC, GameStop may be more persistent than you think, says report
Think meme stock investing is a fad? Think again. That is, at least, according to a new report from
'Meme' stock-market trend around AMC, GameStop may be more persistent than you think, says report
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Aloysius9999
Aloysius9999
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2021-06-24
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Aloysius9999
Aloysius9999
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2021-06-23
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Aloysius9999
Aloysius9999
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2021-06-22
Pls like
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Aloysius9999
Aloysius9999
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2021-06-21
Hi
Evergrande Bounces After Hitting Four-Year Low, Squeezing Shorts
(Bloomberg) -- China Evergrande Group shares posted wild swings on Monday, rallying as much as 7% af
Evergrande Bounces After Hitting Four-Year Low, Squeezing Shorts
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Aloysius9999
Aloysius9999
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2021-06-19
Nice
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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>North Carolina: Medical Marijuana Wins Nearly Unanimous Approval In GOP-Controlled General Assembly</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNorth Carolina: Medical Marijuana Wins Nearly Unanimous Approval In GOP-Controlled General Assembly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 09:47 GMT+8 <a href=https://www.benzinga.com/markets/cannabis/21/06/21798864/north-carolina-medical-marijuana-wins-nearly-unanimous-approval-in-gop-controlled-general-assemb><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A key Senate committee overwhelmingly approved a proposal to allow medical marijuana use in North Carolina for certain conditions and to set up a state network for supply and distribution.\nThe vote ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/06/21798864/north-carolina-medical-marijuana-wins-nearly-unanimous-approval-in-gop-controlled-general-assemb\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","TLRY":"Tilray Inc."},"source_url":"https://www.benzinga.com/markets/cannabis/21/06/21798864/north-carolina-medical-marijuana-wins-nearly-unanimous-approval-in-gop-controlled-general-assemb","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170922525","content_text":"A key Senate committee overwhelmingly approved a proposal to allow medical marijuana use in North Carolina for certain conditions and to set up a state network for supply and distribution.\nThe vote was seen as historic.\nA Change Of Course\nNo North Carolina Senate committee has ever taken a vote on medical marijuana, reported WRAL, a local TV network.\nOne House committee voted down a proposal back in 2015 and no bill since then has been heard in committee in either chamber until Wednesday's Senate Judiciary Committee bipartisan vote.\nThe bill was amended to reduce the number of distribution centers from a maximum of 80 statewide to 40, and to lower the fine for an infraction to $100. Trafficking in medical marijuana would receive a slightly harsher penalty than trafficking non-medical marijuana.\n\"We plan to tighten up any and all loose ends,\" said State Sen. Bill Rabon, the bill's sponsor.\n\"I have been quite moved by this because of my personal experience, and at times, it has been difficult for me to talk to some people about that,\" Rabon, a cancer survivor, told the committee. \"But I will say again that that time has come that this needs to be discussed, and we need to compassionately care for our fellow man in any way that we can.\"\nThe Senator's Colleagues Agree\n\"We have people that need certain kinds of help to get better, and I'm concerned that we do all the things that are necessary so that all of our citizens can live a better quality of life,\" said Sen. Paul Lowe, another primary sponsor of the bill.\nRepublican Sen. Kathy Harrington added: \"If you'd asked me six months ago if I'd be supporting this bill, I'd probably have said no, but life comes at you fast,\" she said. \"My husband was diagnosed with multiple myeloma and has been going through some cancer treatments, and I believe we've already had some moments in our lives where this type of medication would have assisted.\"\nLegalization advocates say the bill, as written, does not go far enough, that it is restrictive and too narrowly drawn. Medical conditions like chronic pain, mental health issues and opioid use reduction are not included.\nOn the other hand, several religious conservative groups are against the bill because it goes too far.\nThe vote was by voice and still has two more committee hearings before it goes to the Senate floor for a vote, which could happen during the second week of July. The bill would then have to pass the state House.","news_type":1,"symbols_score_info":{"ACB":0.9,"TLRY":0.9}},"isVote":1,"tweetType":1,"viewCount":1428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153165216,"gmtCreate":1625014105635,"gmtModify":1633945882838,"author":{"id":"3581635727731262","authorId":"3581635727731262","name":"Aloysius9999","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581635727731262","authorIdStr":"3581635727731262"},"themes":[],"htmlText":"No","listText":"No","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153165216","repostId":"1142103701","repostType":4,"isVote":1,"tweetType":1,"viewCount":1376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159003377,"gmtCreate":1624929846999,"gmtModify":1633946882797,"author":{"id":"3581635727731262","authorId":"3581635727731262","name":"Aloysius9999","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581635727731262","authorIdStr":"3581635727731262"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159003377","repostId":"1157343235","repostType":4,"isVote":1,"tweetType":1,"viewCount":2621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127529249,"gmtCreate":1624857627481,"gmtModify":1633947859301,"author":{"id":"3581635727731262","authorId":"3581635727731262","name":"Aloysius9999","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581635727731262","authorIdStr":"3581635727731262"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127529249","repostId":"1177492181","repostType":4,"isVote":1,"tweetType":1,"viewCount":1072,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122132570,"gmtCreate":1624602854590,"gmtModify":1633950640361,"author":{"id":"3581635727731262","authorId":"3581635727731262","name":"Aloysius9999","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581635727731262","authorIdStr":"3581635727731262"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/122132570","repostId":"2146230250","repostType":4,"repost":{"id":"2146230250","kind":"highlight","pubTimestamp":1624600500,"share":"https://www.laohu8.com/m/news/2146230250?lang=&edition=full","pubTime":"2021-06-25 13:55","market":"us","language":"en","title":"'Meme' stock-market trend around AMC, GameStop may be more persistent than you think, says report","url":"https://stock-news.laohu8.com/highlight/detail?id=2146230250","media":"Marketwatch","summary":"Think meme stock investing is a fad? Think again. That is, at least, according to a new report from ","content":"<p>Think meme stock investing is a fad? Think again. That is, at least, according to a new report from financial advisory firm Betterment.</p>\n<p>About 97% of those in a recent survey conducted by the digital investment advisor, who said that they had invested in stocks driven primarily by social-media mentions rather than fundamentals would continue to do so in the foreseeable future.</p>\n<p>Such meme investing trends have been the main drivers behind purchases of companies like bricks-and-mortar videogame retailer GameStop Corp ., movie chain AMC Entertainment Holdings and BlackBerry Ltd. ,who made a ubiquitous cellphone that was all the rage in the 1990s and early 2000s.</p>\n<p>Stocks and crypto like dogecoin,that aren’t necessarily offering compelling use-cases, or earnings, are rising on the dint of the collective might of retail investors gathering on sites like Reddit and Discord. It’s a trend that has long been viewed as doomed to implode at some point, but individual investors surveyed by Betterment between late April and early May, who invested in meme stocks before say that they will continue to be investors in that category of investing.</p>\n<p>According to the Betterment survey, “there is a near-universal consensus that they will continue investing in stocks like these that get a lot of attention in the future -97% said they’re at least somewhat likely to invest,”</p>\n<p>That is even as the outlook for GameStop, AMC and its ilk look uncertain.</p>\n<p>Betterment’s survey included a panel of 1,500 respondents from April 26 to May 3, who were 18 years and older and have any kind of investment (excluded if only 401(k)). Of the total, half of them actively day traded their investments.</p>\n<p>All that said, most of the respondents in the research survey indicated that they had some understanding of meme investments while nearly a quarter, 24%, said they didn’t understand it well at all.</p>\n<p>Investments like GameStop have captured the imagination of young investors because of the stratospheric gains it has seen.</p>\n<p>For example, shares of GamStop are up 1,054% on the year and those for AMC have risen more than 2,500%, while dogecoin is up nearly 5,000% in the year to date.</p>\n<p>By comparison, more traditional assets have seen more muted, although strong gains. The Dow Jones Industrial AverageDJIA,+0.95%and the S&P 500 indexSPX,+0.58%are up nearly 12% and over 13%, respectively. The Nasdaq Composite IndexCOMP,+0.69%is up by about 12% after a stellar rally in June so far.</p>\n<p>A number of investment funds have cropped up in the hope of capturing some of that Reddit buzz, including the VanEck Vectors Social Sentiment ETFBUZZ,+0.77%,with the apt ticker “BUZZ.” That exchange-traded fund is up 12.2% over the past three months and has gained 6.5% in June, outperforming the Nasdaq Composite’s June gain of 4.5%.</p>\n<p>As with many anecdotal studies, the Betterment report concluded that government stimulus checks and stay-at-home protocols in place during the worst of the COVID pandemic helped to foster the move by retail investors into trading and investing.</p>\n<p><img src=\"https://static.tigerbbs.com/4fdae247167f1c15457445bee4649fd0\" tg-width=\"620\" tg-height=\"444\" referrerpolicy=\"no-referrer\">BETTERMENT</p>\n<p>“While most day traders indicated their main reason for doing so was that they believed they could make more money in a shorter period of time (58%), many (43%) also indicated it was because it is fun and entertaining,” according to the report.</p>\n<p>About 54% of respondents said that the pandemic made them trade more often.</p>\n<p>The idea that retail investing will continue to be a phenomenon may not be far-fetched at all, even if the meme stock fad subsides somewhat.</p>\n<p>According to estimates from JMP Securities, new brokerage accounts opened by individual investors have already roughly matched the total created throughout 2020, hitting more than 10 million, in just the first half of 2021.</p>","source":"market_watch","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>'Meme' stock-market trend around AMC, GameStop may be more persistent than you think, says report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Meme' stock-market trend around AMC, GameStop may be more persistent than you think, says report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 13:55 GMT+8 <a href=https://www.marketwatch.com/story/meme-stock-market-trend-around-amc-gamestop-may-be-more-persistent-than-you-think-says-report-11624556211?siteid=yhoof2><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Think meme stock investing is a fad? Think again. That is, at least, according to a new report from financial advisory firm Betterment.\nAbout 97% of those in a recent survey conducted by the digital ...</p>\n\n<a href=\"https://www.marketwatch.com/story/meme-stock-market-trend-around-amc-gamestop-may-be-more-persistent-than-you-think-says-report-11624556211?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","BB":"黑莓","GME":"游戏驿站"},"source_url":"https://www.marketwatch.com/story/meme-stock-market-trend-around-amc-gamestop-may-be-more-persistent-than-you-think-says-report-11624556211?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2146230250","content_text":"Think meme stock investing is a fad? Think again. That is, at least, according to a new report from financial advisory firm Betterment.\nAbout 97% of those in a recent survey conducted by the digital investment advisor, who said that they had invested in stocks driven primarily by social-media mentions rather than fundamentals would continue to do so in the foreseeable future.\nSuch meme investing trends have been the main drivers behind purchases of companies like bricks-and-mortar videogame retailer GameStop Corp ., movie chain AMC Entertainment Holdings and BlackBerry Ltd. ,who made a ubiquitous cellphone that was all the rage in the 1990s and early 2000s.\nStocks and crypto like dogecoin,that aren’t necessarily offering compelling use-cases, or earnings, are rising on the dint of the collective might of retail investors gathering on sites like Reddit and Discord. It’s a trend that has long been viewed as doomed to implode at some point, but individual investors surveyed by Betterment between late April and early May, who invested in meme stocks before say that they will continue to be investors in that category of investing.\nAccording to the Betterment survey, “there is a near-universal consensus that they will continue investing in stocks like these that get a lot of attention in the future -97% said they’re at least somewhat likely to invest,”\nThat is even as the outlook for GameStop, AMC and its ilk look uncertain.\nBetterment’s survey included a panel of 1,500 respondents from April 26 to May 3, who were 18 years and older and have any kind of investment (excluded if only 401(k)). Of the total, half of them actively day traded their investments.\nAll that said, most of the respondents in the research survey indicated that they had some understanding of meme investments while nearly a quarter, 24%, said they didn’t understand it well at all.\nInvestments like GameStop have captured the imagination of young investors because of the stratospheric gains it has seen.\nFor example, shares of GamStop are up 1,054% on the year and those for AMC have risen more than 2,500%, while dogecoin is up nearly 5,000% in the year to date.\nBy comparison, more traditional assets have seen more muted, although strong gains. The Dow Jones Industrial AverageDJIA,+0.95%and the S&P 500 indexSPX,+0.58%are up nearly 12% and over 13%, respectively. The Nasdaq Composite IndexCOMP,+0.69%is up by about 12% after a stellar rally in June so far.\nA number of investment funds have cropped up in the hope of capturing some of that Reddit buzz, including the VanEck Vectors Social Sentiment ETFBUZZ,+0.77%,with the apt ticker “BUZZ.” That exchange-traded fund is up 12.2% over the past three months and has gained 6.5% in June, outperforming the Nasdaq Composite’s June gain of 4.5%.\nAs with many anecdotal studies, the Betterment report concluded that government stimulus checks and stay-at-home protocols in place during the worst of the COVID pandemic helped to foster the move by retail investors into trading and investing.\nBETTERMENT\n“While most day traders indicated their main reason for doing so was that they believed they could make more money in a shorter period of time (58%), many (43%) also indicated it was because it is fun and entertaining,” according to the report.\nAbout 54% of respondents said that the pandemic made them trade more often.\nThe idea that retail investing will continue to be a phenomenon may not be far-fetched at all, even if the meme stock fad subsides somewhat.\nAccording to estimates from JMP Securities, new brokerage accounts opened by individual investors have already roughly matched the total created throughout 2020, hitting more than 10 million, in just the first half of 2021.","news_type":1,"symbols_score_info":{"AMC":0.9,"BB":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128669813,"gmtCreate":1624513994332,"gmtModify":1634004990753,"author":{"id":"3581635727731262","authorId":"3581635727731262","name":"Aloysius9999","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581635727731262","authorIdStr":"3581635727731262"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/128669813","repostId":"1197939027","repostType":4,"isVote":1,"tweetType":1,"viewCount":2244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123791022,"gmtCreate":1624437659166,"gmtModify":1634006143914,"author":{"id":"3581635727731262","authorId":"3581635727731262","name":"Aloysius9999","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581635727731262","authorIdStr":"3581635727731262"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/123791022","repostId":"1199540442","repostType":4,"isVote":1,"tweetType":1,"viewCount":1523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129053396,"gmtCreate":1624346557915,"gmtModify":1634007454879,"author":{"id":"3581635727731262","authorId":"3581635727731262","name":"Aloysius9999","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581635727731262","authorIdStr":"3581635727731262"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/129053396","repostId":"2145803156","repostType":4,"isVote":1,"tweetType":1,"viewCount":2553,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167372556,"gmtCreate":1624249939675,"gmtModify":1634008880852,"author":{"id":"3581635727731262","authorId":"3581635727731262","name":"Aloysius9999","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581635727731262","authorIdStr":"3581635727731262"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/167372556","repostId":"1156318495","repostType":4,"repost":{"id":"1156318495","kind":"news","pubTimestamp":1624247255,"share":"https://www.laohu8.com/m/news/1156318495?lang=&edition=full","pubTime":"2021-06-21 11:47","market":"us","language":"en","title":"Evergrande Bounces After Hitting Four-Year Low, Squeezing Shorts","url":"https://stock-news.laohu8.com/highlight/detail?id=1156318495","media":"Bloomberg","summary":"(Bloomberg) -- China Evergrande Group shares posted wild swings on Monday, rallying as much as 7% af","content":"<p>(Bloomberg) -- China Evergrande Group shares posted wild swings on Monday, rallying as much as 7% after touching a four-year low in Hong Kong, squeezing short sellers.</p>\n<p>Shares of Chinese billionaire Hui Ka Yan’s flagship property developer jumped to as much as HK$10.60, rebounding from the lowest since May 2017. The stock has dropped about 50% since he clinched a deal with investors to avert a cash crunch in September.</p>\n<p>Short interest in Evergrande shares has surged threefold in three weeks, putting investors betting on further declines at risk of a so-called short squeeze if prices move against them. Compounding those risks, the developer has turned to its favored tactic of repurchasing shares to force bearish speculators out of their positions. It spent about HK$529 million ($68 million) on buybacks since June 7, according to Bloomberg calculations.</p>\n<p>It’s not surprising that some investors are betting on a short-term rebound after the shares lost more than 40% from their January high, Castor Pang, head of research at Core Pacific Yamaichi, said by phone. Investors may also speculating on further buybacks by Evergrande to combat short sellers, he said.</p>\n<p>Short interest in Evergrande reached 22.8% of the company’s free float as of Thursday, the highest level since September 2018, data compiled by IHS Markit and Bloomberg show.</p>\n<p>There are so few Evergrande shares readily available that traders would need about 22 days to cover their bearish bets -- or buy back borrowed stock to close out an open short position. That increases the risk of a short squeeze, when hedge funds are forced to liquidate their positions at increasingly higher prices.</p>\n<p>Worries over the future of the world’s most indebted developer have grown in recent weeks after affiliates missed payments and Caixin Media’s WeNews reported that regulators are looking into Evergrande’s ties to Shengjing Bank Co. in northern China. Bondholders have rushed for the exit too, with a key dollar note trading near its lowest level since April 2020.</p>\n<p>The selloff worsened after WeNews reported last week that a local government discussed with Evergrande about paring its stake in Shengjing Bank, and the banking watchdog said it would curb a key source of financing for developers to control risk.</p>\n<p>The plunge in the shares has hurt the wealth of founder Hui. At $17 billion, his net worth has tumbled by more than a third since September.</p>\n<p>Evergrande’s long-dated dollar bonds were almost unchanged on Monday even as some short-dated notes have staged a comeback. Its 8.75% note due 2025 is indicated at 72.3 cents on the dollar early Monday, according to Bloomberg-compiled prices.</p>","source":"lsy1612507957220","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>Evergrande Bounces After Hitting Four-Year Low, Squeezing Shorts</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\">\nEvergrande Bounces After Hitting Four-Year Low, Squeezing Shorts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 11:47 GMT+8 <a href=https://finance.yahoo.com/news/evergrande-bounces-hitting-four-low-025344866.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- China Evergrande Group shares posted wild swings on Monday, rallying as much as 7% after touching a four-year low in Hong Kong, squeezing short sellers.\nShares of Chinese billionaire ...</p>\n\n<a href=\"https://finance.yahoo.com/news/evergrande-bounces-hitting-four-low-025344866.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://finance.yahoo.com/news/evergrande-bounces-hitting-four-low-025344866.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156318495","content_text":"(Bloomberg) -- China Evergrande Group shares posted wild swings on Monday, rallying as much as 7% after touching a four-year low in Hong Kong, squeezing short sellers.\nShares of Chinese billionaire Hui Ka Yan’s flagship property developer jumped to as much as HK$10.60, rebounding from the lowest since May 2017. The stock has dropped about 50% since he clinched a deal with investors to avert a cash crunch in September.\nShort interest in Evergrande shares has surged threefold in three weeks, putting investors betting on further declines at risk of a so-called short squeeze if prices move against them. Compounding those risks, the developer has turned to its favored tactic of repurchasing shares to force bearish speculators out of their positions. It spent about HK$529 million ($68 million) on buybacks since June 7, according to Bloomberg calculations.\nIt’s not surprising that some investors are betting on a short-term rebound after the shares lost more than 40% from their January high, Castor Pang, head of research at Core Pacific Yamaichi, said by phone. Investors may also speculating on further buybacks by Evergrande to combat short sellers, he said.\nShort interest in Evergrande reached 22.8% of the company’s free float as of Thursday, the highest level since September 2018, data compiled by IHS Markit and Bloomberg show.\nThere are so few Evergrande shares readily available that traders would need about 22 days to cover their bearish bets -- or buy back borrowed stock to close out an open short position. That increases the risk of a short squeeze, when hedge funds are forced to liquidate their positions at increasingly higher prices.\nWorries over the future of the world’s most indebted developer have grown in recent weeks after affiliates missed payments and Caixin Media’s WeNews reported that regulators are looking into Evergrande’s ties to Shengjing Bank Co. in northern China. Bondholders have rushed for the exit too, with a key dollar note trading near its lowest level since April 2020.\nThe selloff worsened after WeNews reported last week that a local government discussed with Evergrande about paring its stake in Shengjing Bank, and the banking watchdog said it would curb a key source of financing for developers to control risk.\nThe plunge in the shares has hurt the wealth of founder Hui. At $17 billion, his net worth has tumbled by more than a third since September.\nEvergrande’s long-dated dollar bonds were almost unchanged on Monday even as some short-dated notes have staged a comeback. Its 8.75% note due 2025 is indicated at 72.3 cents on the dollar early Monday, according to Bloomberg-compiled prices.","news_type":1,"symbols_score_info":{"03333":0.9}},"isVote":1,"tweetType":1,"viewCount":1176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165026455,"gmtCreate":1624082483377,"gmtModify":1634010887524,"author":{"id":"3581635727731262","authorId":"3581635727731262","name":"Aloysius9999","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581635727731262","authorIdStr":"3581635727731262"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/165026455","repostId":"1199331995","repostType":4,"isVote":1,"tweetType":1,"viewCount":2402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}