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Celia24
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China tech stocks are making a big comeback
China tech stocks are making a big comeback in premarket trading on relief over Meituan Fine.Alibaba
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2021-08-28
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Morrisons suitor CD&R gets more time to trump $9.3 billion offer
LONDON (Reuters) -Morrisons suitor, U.S. private equity group Clayton, Dubilier & Rice (CD&R), has w
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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1633939680,"share":"https://www.laohu8.com/m/news/1169493532?lang=&edition=full","pubTime":"2021-10-11 16:08","market":"us","language":"en","title":"China tech stocks are making a big comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=1169493532","media":"Tiger Newspress","summary":"China tech stocks are making a big comeback in premarket trading on relief over Meituan Fine.Alibaba","content":"<p>China tech stocks are making a big comeback in premarket trading on relief over Meituan Fine.Alibaba,Pinduoduo,JD.COM,NetEase,Baidu,Didi Global,Bilibili and Tencent music climbed between 1% and 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/2f698271f2e6b19a8f94cd621df6ff7f\" tg-width=\"410\" tg-height=\"722\" 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Meituan rose as much as 8.4%, making it the top performer on the gauge. The stock also boosted the broader Hang Seng Index, which gained as much as 2%.</p>\n<p>“The momentum continues in buying Alibaba after Munger,” said Steven Leung, executive director at UOB Kay Hian in Hong Kong.</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>China tech stocks are making a big comeback</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\">\nChina tech stocks are making a big comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-11 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>China tech stocks are making a big comeback in premarket trading on relief over Meituan Fine.Alibaba,Pinduoduo,JD.COM,NetEase,Baidu,Didi Global,Bilibili and Tencent music climbed between 1% and 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/2f698271f2e6b19a8f94cd621df6ff7f\" tg-width=\"410\" tg-height=\"722\" referrerpolicy=\"no-referrer\"></p>\n<p>Chinese technology stocks continued their rebound on Monday after Beijing slapped a smaller-than-expected fine on food delivery giant Meituan.</p>\n<p>Hong Kong’s Hang Seng Tech Index jumped as much as 3% in a third day of gains after closing at a record low on Wednesday. Meituan rose as much as 8.4%, making it the top performer on the gauge. The stock also boosted the broader Hang Seng Index, which gained as much as 2%.</p>\n<p>“The momentum continues in buying Alibaba after Munger,” said Steven Leung, executive director at UOB Kay Hian in Hong Kong.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","BABA":"阿里巴巴","BIDU":"百度","LI":"理想汽车","DIDI":"滴滴(已退市)","PDD":"拼多多","NTES":"网易","JD":"京东","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169493532","content_text":"China tech stocks are making a big comeback in premarket trading on relief over Meituan Fine.Alibaba,Pinduoduo,JD.COM,NetEase,Baidu,Didi Global,Bilibili and Tencent music climbed between 1% and 6%.\n\nChinese technology stocks continued their rebound on Monday after Beijing slapped a smaller-than-expected fine on food delivery giant Meituan.\nHong Kong’s Hang Seng Tech Index jumped as much as 3% in a third day of gains after closing at a record low on Wednesday. Meituan rose as much as 8.4%, making it the top performer on the gauge. The stock also boosted the broader Hang Seng Index, which gained as much as 2%.\n“The momentum continues in buying Alibaba after Munger,” said Steven Leung, executive director at UOB Kay Hian in Hong Kong.","news_type":1,"symbols_score_info":{"BABA":0.9,"BIDU":0.9,"DIDI":0.9,"JD":0.9,"LI":0.9,"NIO":0.9,"NTES":0.9,"PDD":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":2359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":813037734,"gmtCreate":1630113193028,"gmtModify":1704956106777,"author":{"id":"3582085254286979","authorId":"3582085254286979","name":"Celia24","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582085254286979","authorIdStr":"3582085254286979"},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/813037734","repostId":"1187941678","repostType":2,"isVote":1,"tweetType":1,"viewCount":1207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898532274,"gmtCreate":1628508700498,"gmtModify":1633746595607,"author":{"id":"3582085254286979","authorId":"3582085254286979","name":"Celia24","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582085254286979","authorIdStr":"3582085254286979"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898532274","repostId":"2158445948","repostType":4,"isVote":1,"tweetType":1,"viewCount":1669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898532810,"gmtCreate":1628508661230,"gmtModify":1633746595728,"author":{"id":"3582085254286979","authorId":"3582085254286979","name":"Celia24","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582085254286979","authorIdStr":"3582085254286979"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898532810","repostId":"1122403360","repostType":4,"repost":{"id":"1122403360","kind":"news","pubTimestamp":1628507058,"share":"https://www.laohu8.com/m/news/1122403360?lang=&edition=full","pubTime":"2021-08-09 19:04","market":"us","language":"en","title":"Morrisons suitor CD&R gets more time to trump $9.3 billion offer","url":"https://stock-news.laohu8.com/highlight/detail?id=1122403360","media":"Reuters","summary":"LONDON (Reuters) -Morrisons suitor, U.S. private equity group Clayton, Dubilier & Rice (CD&R), has w","content":"<p>LONDON (Reuters) -Morrisons suitor, U.S. private equity group Clayton, Dubilier & Rice (CD&R), has won more time to consider a counter bid to Fortress’ agreed 6.7 billion pounds ($9.3 billion) offer for the British supermarket group.</p>\n<p>Britain’s Takeover Panel, which regulates corporate takeovers, said on Monday CD&R would have until Aug. 20 to announce a firm intention to make a new offer or walk away, a so-called “put-up or shut-up” order, extending a previous Aug. 9 deadline.</p>\n<p>The battle for Britain’s fourth-largest grocer after Tesco, Sainsbury’s and Asda, is the most high-profile looming takeover in the country amid a raft of bids and counter bids, reflecting private equity’s appetite for UK Plc.</p>\n<p>Morrisons on Friday approved the raised 272 pence a share offer from the consortium led by Softbank owned Fortress Investment Group - a 52% premium to its share price before takeover interest emerged.</p>\n<p>The retailer had requested the Takeover Panel set a revised deadline for CD&R.</p>\n<p>On Friday, Morrisons also adjourned from Aug. 16 to Aug. 27 the shareholder meeting to vote on the Fortress offer. To pass, it would need the support of shareholders representing at least 75% in value of voting investors at the meeting.</p>\n<p>Shares in Morrisons were trading at nearly 279 pence on Monday - above Fortress’ new offer, indicating investors expect a higher bid.</p>\n<p>Analysts have also speculated that U.S. giant Amazon, which has a partnership deal with Morrisons, could still enter the fray.</p>\n<p>SYNERGIES</p>\n<p>CD&R, which has former Tesco boss Terry Leahy as a senior adviser, had a 230 pence a share proposal worth 5.52 billion pounds rejected by Morrisons on June 17.</p>\n<p>Last month, Morrisons’ board agreed to Fortress’ 254 pence a share offer worth 6.3 billion pounds but major Morrisons investors Silchester, M&G and JO Hambro all indicated it was too low.</p>\n<p>Fortress, which bought British wine seller Majestic Wine in 2019, has said it “remains committed to becoming the new owner of Morrisons.”</p>\n<p>The Fortress consortium, which also includes Canada Pension Plan Investment Board, Koch Real Estate Investments and Singapore’s sovereign wealth fund GIC, has given assurances that it would retain Morrisons’ headquarters in Bradford, northern England, and its existing management team led by Chief Executive David Potts, and execute its existing strategy. Material store sale and leaseback transactions are not planned.</p>\n<p>People with knowledge of the situation have said CD&R would also be able to tick those boxes to secure a recommendation from Morrisons’ board.</p>\n<p>They said CD&R, whose track record includes investment in UK discount retailer B&M, was likely to stress the greater synergies they would get from a deal, given its existing ownership of the Motor Fuel Group petrol forecourt chain.</p>\n<p>However, some analysts have argued that a higher bid makes asset sales more likely.</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>Morrisons suitor CD&R gets more time to trump $9.3 billion offer</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; 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}\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\">\nMorrisons suitor CD&R gets more time to trump $9.3 billion offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 19:04 GMT+8 <a href=https://www.reuters.com/article/morrisons-ma-cdr/update-3-morrisons-suitor-cdr-gets-more-time-to-trump-9-3-bln-offer-idUSL8N2PG0X7><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON (Reuters) -Morrisons suitor, U.S. private equity group Clayton, Dubilier & Rice (CD&R), has won more time to consider a counter bid to Fortress’ agreed 6.7 billion pounds ($9.3 billion) offer ...</p>\n\n<a href=\"https://www.reuters.com/article/morrisons-ma-cdr/update-3-morrisons-suitor-cdr-gets-more-time-to-trump-9-3-bln-offer-idUSL8N2PG0X7\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRWSF":"WM Morrison Supermarkets Plc."},"source_url":"https://www.reuters.com/article/morrisons-ma-cdr/update-3-morrisons-suitor-cdr-gets-more-time-to-trump-9-3-bln-offer-idUSL8N2PG0X7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122403360","content_text":"LONDON (Reuters) -Morrisons suitor, U.S. private equity group Clayton, Dubilier & Rice (CD&R), has won more time to consider a counter bid to Fortress’ agreed 6.7 billion pounds ($9.3 billion) offer for the British supermarket group.\nBritain’s Takeover Panel, which regulates corporate takeovers, said on Monday CD&R would have until Aug. 20 to announce a firm intention to make a new offer or walk away, a so-called “put-up or shut-up” order, extending a previous Aug. 9 deadline.\nThe battle for Britain’s fourth-largest grocer after Tesco, Sainsbury’s and Asda, is the most high-profile looming takeover in the country amid a raft of bids and counter bids, reflecting private equity’s appetite for UK Plc.\nMorrisons on Friday approved the raised 272 pence a share offer from the consortium led by Softbank owned Fortress Investment Group - a 52% premium to its share price before takeover interest emerged.\nThe retailer had requested the Takeover Panel set a revised deadline for CD&R.\nOn Friday, Morrisons also adjourned from Aug. 16 to Aug. 27 the shareholder meeting to vote on the Fortress offer. To pass, it would need the support of shareholders representing at least 75% in value of voting investors at the meeting.\nShares in Morrisons were trading at nearly 279 pence on Monday - above Fortress’ new offer, indicating investors expect a higher bid.\nAnalysts have also speculated that U.S. giant Amazon, which has a partnership deal with Morrisons, could still enter the fray.\nSYNERGIES\nCD&R, which has former Tesco boss Terry Leahy as a senior adviser, had a 230 pence a share proposal worth 5.52 billion pounds rejected by Morrisons on June 17.\nLast month, Morrisons’ board agreed to Fortress’ 254 pence a share offer worth 6.3 billion pounds but major Morrisons investors Silchester, M&G and JO Hambro all indicated it was too low.\nFortress, which bought British wine seller Majestic Wine in 2019, has said it “remains committed to becoming the new owner of Morrisons.”\nThe Fortress consortium, which also includes Canada Pension Plan Investment Board, Koch Real Estate Investments and Singapore’s sovereign wealth fund GIC, has given assurances that it would retain Morrisons’ headquarters in Bradford, northern England, and its existing management team led by Chief Executive David Potts, and execute its existing strategy. Material store sale and leaseback transactions are not planned.\nPeople with knowledge of the situation have said CD&R would also be able to tick those boxes to secure a recommendation from Morrisons’ board.\nThey said CD&R, whose track record includes investment in UK discount retailer B&M, was likely to stress the greater synergies they would get from a deal, given its existing ownership of the Motor Fuel Group petrol forecourt chain.\nHowever, some analysts have argued that a higher bid makes asset sales more likely.","news_type":1,"symbols_score_info":{"MRWSF":0.9}},"isVote":1,"tweetType":1,"viewCount":1219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898532093,"gmtCreate":1628508610912,"gmtModify":1633746596194,"author":{"id":"3582085254286979","authorId":"3582085254286979","name":"Celia24","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582085254286979","authorIdStr":"3582085254286979"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898532093","repostId":"2158772445","repostType":4,"isVote":1,"tweetType":1,"viewCount":1068,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898536537,"gmtCreate":1628508594429,"gmtModify":1633746596317,"author":{"id":"3582085254286979","authorId":"3582085254286979","name":"Celia24","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582085254286979","authorIdStr":"3582085254286979"},"themes":[],"htmlText":"Share","listText":"Share","text":"Share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898536537","repostId":"2158772445","repostType":4,"isVote":1,"tweetType":1,"viewCount":1232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891756536,"gmtCreate":1628434312925,"gmtModify":1633747164978,"author":{"id":"3582085254286979","authorId":"3582085254286979","name":"Celia24","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582085254286979","authorIdStr":"3582085254286979"},"themes":[],"htmlText":"Share ","listText":"Share ","text":"Share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/891756536","repostId":"2157490509","repostType":4,"isVote":1,"tweetType":1,"viewCount":2169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893384129,"gmtCreate":1628238385761,"gmtModify":1633752334536,"author":{"id":"3582085254286979","authorId":"3582085254286979","name":"Celia24","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582085254286979","authorIdStr":"3582085254286979"},"themes":[],"htmlText":"Share ","listText":"Share ","text":"Share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893384129","repostId":"1135651416","repostType":4,"isVote":1,"tweetType":1,"viewCount":1246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}