Ash7m personal page - To The Moon

Ash7m

No personal profile

6Follow

1Followers

0Topic

0Badge

2021-06-09

Worth to check out the company?

Berkshire Hathaway invests $500 million in Brazil's Nubank

2021-04-30

More to come. ?

Sorry, the original content has been removed

2021-04-23

Wait and see!

Sorry, the original content has been removed

2021-05-28

Wow!

Sorry, the original content has been removed

2021-05-25

Good to know that the business is performing well!

UP Fintech Client Accounts and Balances Hit Record High in Q1 2021

2021-04-14

Let's ride on the market!

Sorry, the original content has been removed

2021-06-05

You may want to have a look on these stocks!

Sorry, the original content has been removed

2021-06-04

Good to have stock in your portfolio!

Can Alibaba Stock Hit $500? If You Got Time, Yes

2021-06-02

Things to take note.

Sorry, the original content has been removed

2021-05-25

Great information!

Sorry, the original content has been removed

2021-05-10

Is it good time to top up?

Most of Chinese stocks fell, pinduoduo plunged about 12%

2021-04-08

Great piece of information!

Sorry, the original content has been removed

2021-05-31

Thanks for sharing.

Sorry, the original content has been removed

2021-05-21

Good move!

Hong Kong to restrict crypto exchanges to professional investors

2021-04-15

Great!

BofA reports Q1 EPS of $0.86, topping estimates

2021-04-05

Nice.

Sorry, the original content has been removed

2021-06-28

Do check out these stocks!

Sorry, the original content has been removed

2021-06-03

Have an eye on it ya!

Sorry, the original content has been removed

2021-06-01

Good to have stock!

Sorry, the original content has been removed

2021-05-26

Yes!

China's Pinduoduo beats quarterly revenue estimates

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3570871195511512","uuid":"3570871195511512","gmtCreate":1608601930646,"gmtModify":1608601930646,"name":"Ash7m","pinyin":"ash7m","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":1,"headSize":6,"tweetSize":51,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.01.31","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.27","exceedPercentage":"60.24%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.23","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":150969840,"gmtCreate":1624882964480,"gmtModify":1703846922048,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Do check out these stocks!&nbsp;","listText":"Do check out these stocks!&nbsp;","text":"Do check out these stocks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150969840","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":2030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180135759,"gmtCreate":1623194278171,"gmtModify":1704197905281,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Worth to check out the company?&nbsp;","listText":"Worth to check out the company?&nbsp;","text":"Worth to check out the company?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/180135759","repostId":"2141426170","repostType":4,"repost":{"id":"2141426170","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":1623156570,"share":"https://ttm.financial/m/news/2141426170?lang=en_US&edition=fundamental","pubTime":"2021-06-08 20:49","market":"us","language":"en","title":"Berkshire Hathaway invests $500 million in Brazil's Nubank","url":"https://stock-news.laohu8.com/highlight/detail?id=2141426170","media":"Reuters","summary":"June 8 (Reuters) - Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giv","content":"<p>June 8 (Reuters) - Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giving the fast-growing fintech a big vote of confidence as it seeks to widen its footprint across Latin America.</p><p>Nubank, best known as a credit card issuer, also said it raised an additional $250 million from a series of other investors.</p><p>The new investments give Nubank a $30 billion valuation, up from $25 billion at the time of its previous fundraising round, according to a source familiar with the situation. That would make the upstart bank worth just slightly less than Banco Santander Brasil SA, Brazil's No. 3 bank, which has more than 2,000 branches.</p><p>Nubank, which has 40 million clients, said in a statement it plans to use the proceeds to fund its international expansion to Mexico and Colombia, launch new products and services and hire more employees.</p><p>The arrival of such high-profile investors, who usually invest in publicly traded companies, gives a hint on how close Nubank is to a listing.</p><p>Earlier in April, Reuters reported that Nubank had initiated preparations for a U.S. stock market listing which could come as early as this year, according to sources familiar with the matter.</p><p><b>BERKSHIRE BETS IN BRAZIL</b></p><p>Nubank is Warren Buffett's second bet on a Brazilian financial startup. His Berkshire Hathaway also acquired a stake in payments company StoneCo Ltd almost three years ago, when it went public.</p><p>A highly concentrated financial market dominated by five banks, Brazil has been a hotbed for fintech growth. Online banking has reduced costs for newcomers and the central bank has created new rules to encourage competition, aiming at lower fees and interest rates for consumers.</p><p>Nubank's $750 million new funding round is part of its series G fundraising round, which totaled $1.15 billion. An initial part of the series G round was announced in January.</p><p>Other participants in the round included Sands Capital, Canada Pension Plan Investment Board, MSA Capital, Advent's Sunley House Capital and Brazilian asset managers Verde Asset Management and Absoluto Partners. (Reporting by Carolina Mandl, additional reporting by Noor Zainab Hussain in Bengaluru and Carolina Mandl in Sao Paulo; Editing by Maju Samuel, Christian Plumb and Jonathan Oatis)</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>Berkshire Hathaway invests $500 million in Brazil's Nubank</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\">\nBerkshire Hathaway invests $500 million in Brazil's Nubank\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\">2021-06-08 20:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 8 (Reuters) - Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giving the fast-growing fintech a big vote of confidence as it seeks to widen its footprint across Latin America.</p><p>Nubank, best known as a credit card issuer, also said it raised an additional $250 million from a series of other investors.</p><p>The new investments give Nubank a $30 billion valuation, up from $25 billion at the time of its previous fundraising round, according to a source familiar with the situation. That would make the upstart bank worth just slightly less than Banco Santander Brasil SA, Brazil's No. 3 bank, which has more than 2,000 branches.</p><p>Nubank, which has 40 million clients, said in a statement it plans to use the proceeds to fund its international expansion to Mexico and Colombia, launch new products and services and hire more employees.</p><p>The arrival of such high-profile investors, who usually invest in publicly traded companies, gives a hint on how close Nubank is to a listing.</p><p>Earlier in April, Reuters reported that Nubank had initiated preparations for a U.S. stock market listing which could come as early as this year, according to sources familiar with the matter.</p><p><b>BERKSHIRE BETS IN BRAZIL</b></p><p>Nubank is Warren Buffett's second bet on a Brazilian financial startup. His Berkshire Hathaway also acquired a stake in payments company StoneCo Ltd almost three years ago, when it went public.</p><p>A highly concentrated financial market dominated by five banks, Brazil has been a hotbed for fintech growth. Online banking has reduced costs for newcomers and the central bank has created new rules to encourage competition, aiming at lower fees and interest rates for consumers.</p><p>Nubank's $750 million new funding round is part of its series G fundraising round, which totaled $1.15 billion. An initial part of the series G round was announced in January.</p><p>Other participants in the round included Sands Capital, Canada Pension Plan Investment Board, MSA Capital, Advent's Sunley House Capital and Brazilian asset managers Verde Asset Management and Absoluto Partners. (Reporting by Carolina Mandl, additional reporting by Noor Zainab Hussain in Bengaluru and Carolina Mandl in Sao Paulo; Editing by Maju Samuel, Christian Plumb and Jonathan Oatis)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141426170","content_text":"June 8 (Reuters) - Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giving the fast-growing fintech a big vote of confidence as it seeks to widen its footprint across Latin America.Nubank, best known as a credit card issuer, also said it raised an additional $250 million from a series of other investors.The new investments give Nubank a $30 billion valuation, up from $25 billion at the time of its previous fundraising round, according to a source familiar with the situation. That would make the upstart bank worth just slightly less than Banco Santander Brasil SA, Brazil's No. 3 bank, which has more than 2,000 branches.Nubank, which has 40 million clients, said in a statement it plans to use the proceeds to fund its international expansion to Mexico and Colombia, launch new products and services and hire more employees.The arrival of such high-profile investors, who usually invest in publicly traded companies, gives a hint on how close Nubank is to a listing.Earlier in April, Reuters reported that Nubank had initiated preparations for a U.S. stock market listing which could come as early as this year, according to sources familiar with the matter.BERKSHIRE BETS IN BRAZILNubank is Warren Buffett's second bet on a Brazilian financial startup. His Berkshire Hathaway also acquired a stake in payments company StoneCo Ltd almost three years ago, when it went public.A highly concentrated financial market dominated by five banks, Brazil has been a hotbed for fintech growth. Online banking has reduced costs for newcomers and the central bank has created new rules to encourage competition, aiming at lower fees and interest rates for consumers.Nubank's $750 million new funding round is part of its series G fundraising round, which totaled $1.15 billion. An initial part of the series G round was announced in January.Other participants in the round included Sands Capital, Canada Pension Plan Investment Board, MSA Capital, Advent's Sunley House Capital and Brazilian asset managers Verde Asset Management and Absoluto Partners. (Reporting by Carolina Mandl, additional reporting by Noor Zainab Hussain in Bengaluru and Carolina Mandl in Sao Paulo; Editing by Maju Samuel, Christian Plumb and Jonathan Oatis)","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":2656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117439334,"gmtCreate":1623156052728,"gmtModify":1704197215373,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Is it an opportunity?&nbsp;","listText":"Is it an opportunity?&nbsp;","text":"Is it an opportunity?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117439334","repostId":"1107056373","repostType":4,"repost":{"id":"1107056373","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623151816,"share":"https://ttm.financial/m/news/1107056373?lang=en_US&edition=fundamental","pubTime":"2021-06-08 19:30","market":"us","language":"en","title":"Fastly's Global CDN Outage Disrupts Many Websites","url":"https://stock-news.laohu8.com/highlight/detail?id=1107056373","media":"Benzinga","summary":"Cloud service company Fastly Inc's FSLY 0.02% global CDN faces outage, which has widespread impact a","content":"<p>Cloud service company&nbsp;<b>Fastly Inc's</b>&nbsp;FSLY 0.02%&nbsp;global CDN faces outage, which has widespread impact across major internet websites using its services.</p><p>As per&nbsp;Fastly's message, the outage was first identified at 5:58 am ET Tuesday.</p><p>The company claims to have found the issue at 6:44 am ET and implementing a fix.</p><p>Major websites like Reddit, Twitch, The Verge, and Benzinga are still down.</p><p>The full impact of the downtime is unknown.</p><p><b>Price Action:</b>&nbsp;FSLY shares are down 2.03% at $49.67 in the premarket session on the last check Tuesday after hitting a low of 5.4% a few minutes ago.</p><p><img src=\"https://static.tigerbbs.com/49add9fea3ec744a03180f659726350b\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></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>Fastly's Global CDN Outage Disrupts Many Websites</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\">\nFastly's Global CDN Outage Disrupts Many Websites\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-08 19:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cloud service company&nbsp;<b>Fastly Inc's</b>&nbsp;FSLY 0.02%&nbsp;global CDN faces outage, which has widespread impact across major internet websites using its services.</p><p>As per&nbsp;Fastly's message, the outage was first identified at 5:58 am ET Tuesday.</p><p>The company claims to have found the issue at 6:44 am ET and implementing a fix.</p><p>Major websites like Reddit, Twitch, The Verge, and Benzinga are still down.</p><p>The full impact of the downtime is unknown.</p><p><b>Price Action:</b>&nbsp;FSLY shares are down 2.03% at $49.67 in the premarket session on the last check Tuesday after hitting a low of 5.4% a few minutes ago.</p><p><img src=\"https://static.tigerbbs.com/49add9fea3ec744a03180f659726350b\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSLY":"Fastly, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107056373","content_text":"Cloud service company Fastly Inc's FSLY 0.02% global CDN faces outage, which has widespread impact across major internet websites using its services.As per Fastly's message, the outage was first identified at 5:58 am ET Tuesday.The company claims to have found the issue at 6:44 am ET and implementing a fix.Major websites like Reddit, Twitch, The Verge, and Benzinga are still down.The full impact of the downtime is unknown.Price Action: FSLY shares are down 2.03% at $49.67 in the premarket session on the last check Tuesday after hitting a low of 5.4% a few minutes ago.","news_type":1,"symbols_score_info":{"FSLY":0.9}},"isVote":1,"tweetType":1,"viewCount":2416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112481097,"gmtCreate":1622902462819,"gmtModify":1704193147384,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"You may want to have a look on these stocks!&nbsp;","listText":"You may want to have a look on these stocks!&nbsp;","text":"You may want to have a look on these stocks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112481097","repostId":"1119588401","repostType":4,"isVote":1,"tweetType":1,"viewCount":1958,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116764325,"gmtCreate":1622819926567,"gmtModify":1704191928338,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good to have stock in your portfolio!&nbsp;","listText":"Good to have stock in your portfolio!&nbsp;","text":"Good to have stock in your portfolio!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116764325","repostId":"1154529120","repostType":4,"repost":{"id":"1154529120","kind":"news","pubTimestamp":1622810459,"share":"https://ttm.financial/m/news/1154529120?lang=en_US&edition=fundamental","pubTime":"2021-06-04 20:40","market":"us","language":"en","title":"Can Alibaba Stock Hit $500? If You Got Time, Yes","url":"https://stock-news.laohu8.com/highlight/detail?id=1154529120","media":"seekingalpha","summary":"Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.I believe that there are both opportunities and risks, but would see the prior outweighing the latter.In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:. Alibaba Group'","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.</li>\n <li>I believe that there are both opportunities and risks, but would see the prior outweighing the latter.</li>\n <li>In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/567d19950e6c8789ce2192b4503f0fa5\" tg-width=\"1536\" tg-height=\"653\" referrerpolicy=\"no-referrer\"><span>Photo by efetova/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Alibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.</p>\n<p><b>BABA Stock Price</b></p>\n<p>Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8079eeb5384ea003fb3725d3cd1e877f\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p>\n<p>Shares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a&nbsp;revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.</p>\n<p>Alibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and&nbsp;fears about regulation.</p>\n<p>At its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.</p>\n<p><b>Can Alibaba Stock Hit $500?</b></p>\n<p>The answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.</p>\n<p><i>- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.</i></p>\n<p><i>- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.</i></p>\n<p><i>- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.</i></p>\n<p>We see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd2d42b7094deb394266d6410287c2e4\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p>\n<p>At 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.</p>\n<p>I still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.</p>\n<p>If we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fcf78e0b071eff9753afbdcd96f751c\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p>\n<p>If analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b4c351b4b5eb3328191ccaa9a3b776c\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p>\n<p>Analysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.</p>\n<p>We can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.</p>\n<p>So, to sum this section up, I'd say<i>yes, BABA can hit $500</i>-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.</p>\n<p><b>Is Alibaba Stock A Buy Or Sell Now?</b></p>\n<p>Alibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.</p>\n<p>For those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.</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>Can Alibaba Stock Hit $500? If You Got Time, Yes</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\">\nCan Alibaba Stock Hit $500? If You Got Time, Yes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 20:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432992-alibaba-stock-hit-500><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is a battleground stock where some see a lot of opportunities, while others see many risks.\nI believe that there are both opportunities and risks, but would see the prior outweighing ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154529120","content_text":"Summary\n\nAlibaba is a battleground stock where some see a lot of opportunities, while others see many risks.\nI believe that there are both opportunities and risks, but would see the prior outweighing the latter.\nIn the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.\n\nPhoto by efetova/iStock via Getty Images\nArticle Thesis\nAlibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.\nBABA Stock Price\nSince its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:\nData byYCharts\nShares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.\nAlibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and fears about regulation.\nAt its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.\nCan Alibaba Stock Hit $500?\nThe answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.\n- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.\nWe see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:\nData byYCharts\nAt 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.\nI still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.\nIf we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:\nData byYCharts\nIf analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.\nData byYCharts\nAnalysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.\nWe can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.\nSo, to sum this section up, I'd sayyes, BABA can hit $500-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.\nIs Alibaba Stock A Buy Or Sell Now?\nAlibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.\nFor those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":1475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118723036,"gmtCreate":1622762934225,"gmtModify":1704190557852,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Have your own independent thinking.&nbsp;","listText":"Have your own independent thinking.&nbsp;","text":"Have your own independent thinking.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118723036","repostId":"2140247164","repostType":4,"isVote":1,"tweetType":1,"viewCount":2051,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118329935,"gmtCreate":1622719940627,"gmtModify":1704189637525,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Have an eye on it ya!&nbsp;","listText":"Have an eye on it ya!&nbsp;","text":"Have an eye on it ya!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118329935","repostId":"1139859065","repostType":4,"isVote":1,"tweetType":1,"viewCount":2282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113969229,"gmtCreate":1622591148261,"gmtModify":1704186777249,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Things to take note.&nbsp;","listText":"Things to take note.&nbsp;","text":"Things to take note.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113969229","repostId":"2139589924","repostType":4,"isVote":1,"tweetType":1,"viewCount":3096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110768160,"gmtCreate":1622504879250,"gmtModify":1704185136964,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good to have stock!&nbsp;","listText":"Good to have stock!&nbsp;","text":"Good to have stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110768160","repostId":"2139430866","repostType":4,"isVote":1,"tweetType":1,"viewCount":2053,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110267926,"gmtCreate":1622461501865,"gmtModify":1704184731639,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Thanks for sharing.&nbsp;","listText":"Thanks for sharing.&nbsp;","text":"Thanks for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110267926","repostId":"2139022487","repostType":4,"isVote":1,"tweetType":1,"viewCount":2260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134180272,"gmtCreate":1622211249996,"gmtModify":1704181610058,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/134180272","repostId":"1157072297","repostType":2,"isVote":1,"tweetType":1,"viewCount":1038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135894913,"gmtCreate":1622156344332,"gmtModify":1704180352003,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good.","listText":"Good.","text":"Good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135894913","repostId":"2138179326","repostType":2,"repost":{"id":"2138179326","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622146570,"share":"https://ttm.financial/m/news/2138179326?lang=en_US&edition=fundamental","pubTime":"2021-05-28 04:16","market":"hk","language":"en","title":"Costco Wholesale Q3 EPS $2.75 Beats $2.34 Estimate, Sales $44.38B Beat $43.64B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2138179326","media":"Benzinga","summary":"Costco Wholesale (NASDAQ:COST) reported quarterly earnings of $2.75 per share which beat the analyst consensus estimate of $2.34 by 17.52 percent. This is a 45.5 percent increase over earnings of $1.89 per share from the","content":"<html><body><p>Costco Wholesale (NASDAQ:COST) reported quarterly earnings of $2.75 per share which beat the analyst consensus estimate of $2.34 by 17.52 percent. This is a 45.5 percent increase over earnings of $1.89 per share from the same period last year.  The company reported quarterly sales of $44.38 billion which beat the analyst consensus estimate of $43.64 billion by 1.70 percent.  This is a 19.09 percent increase over sales of $37.27 billion the same period last year.</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>Costco Wholesale Q3 EPS $2.75 Beats $2.34 Estimate, Sales $44.38B Beat $43.64B Estimate</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\">\nCostco Wholesale Q3 EPS $2.75 Beats $2.34 Estimate, Sales $44.38B Beat $43.64B Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-28 04:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Costco Wholesale (NASDAQ:COST) reported quarterly earnings of $2.75 per share which beat the analyst consensus estimate of $2.34 by 17.52 percent. This is a 45.5 percent increase over earnings of $1.89 per share from the same period last year.  The company reported quarterly sales of $44.38 billion which beat the analyst consensus estimate of $43.64 billion by 1.70 percent.  This is a 19.09 percent increase over sales of $37.27 billion the same period last year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COST":"好市多"},"source_url":"https://www.benzinga.com/news/earnings/21/05/21328530/costco-wholesale-q3-eps-2-75-beats-2-34-estimate-sales-44-38b-beat-43-64b-estimate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138179326","content_text":"Costco Wholesale (NASDAQ:COST) reported quarterly earnings of $2.75 per share which beat the analyst consensus estimate of $2.34 by 17.52 percent. This is a 45.5 percent increase over earnings of $1.89 per share from the same period last year.  The company reported quarterly sales of $44.38 billion which beat the analyst consensus estimate of $43.64 billion by 1.70 percent.  This is a 19.09 percent increase over sales of $37.27 billion the same period last year.","news_type":1,"symbols_score_info":{"COST":1}},"isVote":1,"tweetType":1,"viewCount":790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135959697,"gmtCreate":1622127366919,"gmtModify":1704180025381,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135959697","repostId":"1188393893","repostType":4,"repost":{"id":"1188393893","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622123328,"share":"https://ttm.financial/m/news/1188393893?lang=en_US&edition=fundamental","pubTime":"2021-05-27 21:48","market":"us","language":"en","title":"Beyond Meat shares surges nearly 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=1188393893","media":"Tiger Newspress","summary":"Beyond Meat shares surges nearly 10%.For the first quarter of 2021, Beyond Meat saw 11.4% year-over-","content":"<p>Beyond Meat&nbsp;shares&nbsp;surges&nbsp;nearly&nbsp;10%.</p><p><img src=\"https://static.tigerbbs.com/a34ea5683a321e8be4e74d066f19af12\" tg-width=\"810\" tg-height=\"610\" referrerpolicy=\"no-referrer\">For the first quarter of 2021, Beyond Meat saw 11.4% year-over-year (YOY) revenue growth despite the domestic foodservice segment being down 26% YOY. The reduction in the restaurant business drives the decrease in the foodservice segment, and Beyond Meat should see stronger results as restaurants begin to reopen domestically and internationally.</p><p>Looking through Beyond Meat's investor relations press release, the company has announced numerous partnerships. To name a few, in the past three months it has increased its products in&nbsp;<b>Walmart</b>, partnered up with&nbsp;<b>Pizza Hut</b>Canada and Carl's Jr., announced major retail expansions throughout Europe, and opened up a manufacturing facility in China.</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>Beyond Meat shares surges nearly 10%</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\">\nBeyond Meat shares surges nearly 10%\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\">2021-05-27 21:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Beyond Meat&nbsp;shares&nbsp;surges&nbsp;nearly&nbsp;10%.</p><p><img src=\"https://static.tigerbbs.com/a34ea5683a321e8be4e74d066f19af12\" tg-width=\"810\" tg-height=\"610\" referrerpolicy=\"no-referrer\">For the first quarter of 2021, Beyond Meat saw 11.4% year-over-year (YOY) revenue growth despite the domestic foodservice segment being down 26% YOY. The reduction in the restaurant business drives the decrease in the foodservice segment, and Beyond Meat should see stronger results as restaurants begin to reopen domestically and internationally.</p><p>Looking through Beyond Meat's investor relations press release, the company has announced numerous partnerships. To name a few, in the past three months it has increased its products in&nbsp;<b>Walmart</b>, partnered up with&nbsp;<b>Pizza Hut</b>Canada and Carl's Jr., announced major retail expansions throughout Europe, and opened up a manufacturing facility in China.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BYND":"Beyond Meat, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188393893","content_text":"Beyond Meat shares surges nearly 10%.For the first quarter of 2021, Beyond Meat saw 11.4% year-over-year (YOY) revenue growth despite the domestic foodservice segment being down 26% YOY. The reduction in the restaurant business drives the decrease in the foodservice segment, and Beyond Meat should see stronger results as restaurants begin to reopen domestically and internationally.Looking through Beyond Meat's investor relations press release, the company has announced numerous partnerships. To name a few, in the past three months it has increased its products in Walmart, partnered up with Pizza HutCanada and Carl's Jr., announced major retail expansions throughout Europe, and opened up a manufacturing facility in China.","news_type":1,"symbols_score_info":{"BYND":0.9}},"isVote":1,"tweetType":1,"viewCount":960,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135908491,"gmtCreate":1622124514813,"gmtModify":1704179934760,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good!&nbsp;","listText":"Good!&nbsp;","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135908491","repostId":"1154877560","repostType":4,"repost":{"id":"1154877560","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622122359,"share":"https://ttm.financial/m/news/1154877560?lang=en_US&edition=fundamental","pubTime":"2021-05-27 21:32","market":"us","language":"en","title":"Dow rises 200 points amid better-than-expected jobs data, Boeing shares jump","url":"https://stock-news.laohu8.com/highlight/detail?id=1154877560","media":"Tiger Newspress","summary":"U.S. stocks climbed on Thursday as investors digested stronger-than-expected labor-market data.The D","content":"<p>U.S. stocks climbed on Thursday as investors digested stronger-than-expected labor-market data.</p><p>The Dow Jones Industrial Average jumped 200 points. The S&amp;P 500 rose 0.3% and the Nasdaq Composite traded near the flatline. Shares of Boeing advanced 2.7% on optimism about an economic recovery.</p><p>It looks like gains for the overall market will be capped however, as investors are lightening up on technology shares as they rotate into cyclical stocks. Microsoft, Netflix and Amazon all traded in the red.</p><p>Initial jobless claims fell to 406,000, hitting&nbsp;a new pandemic low and much less than expected, the Labor Department reported Thursday. Economists surveyed by Dow Jones&nbsp;had expected a total of 425,000 Americans to have filed unemployment benefits in the week ended May 22.</p><p>In a separate report, the Commerce Department left its initial estimate on first-quarter gross domestic product unchanged at 6.4%</p><p>Snowflake&nbsp;shares fell 4% after the data-analytics software companyreported widening losses.Nvidia's stock dipped slightly even after the chip giant's earnings and sales for the first quarter both beat Wall Street expectations.Its revenue grew 88% compared to last year.</p><p>Meme stocks, which have jumped this week amid a resurgence in speculative trading, were lower in premarket trading. GameStop was down by about 4%. AMC Entertainment lost 6%.</p><p>Ford was higher again, with the stock up 1% following anupgrade by RBC. The stock jumped 8% on Wednesday after unveiling its electric vehicle strategy.</p><p>The move in futures followed a relatively quiet session on Wall Street. The S&amp;P 500 eked out a 0.2% gain in light trading, supported by gains in shares tied to the economic reopening including airlines and cruise line operators. The blue-chip Dow finished Wednesday's session little changed, while the tech-heavy Nasdaq Composite gained 0.6%.</p><p>Trading is expected to be muted ahead of the Memorial Day weekend.</p><p>\"Equity markets are quiet as investors continue to anticipate the Fed's next move,\" said Mark Hackett, chief of investment research at Nationwide. \"Low volatility and low trading volume are a frequent occurrence in the week leading into a holiday.\"</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>Dow rises 200 points amid better-than-expected jobs data, Boeing shares jump</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\">\nDow rises 200 points amid better-than-expected jobs data, Boeing shares jump\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\">2021-05-27 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks climbed on Thursday as investors digested stronger-than-expected labor-market data.</p><p>The Dow Jones Industrial Average jumped 200 points. The S&amp;P 500 rose 0.3% and the Nasdaq Composite traded near the flatline. Shares of Boeing advanced 2.7% on optimism about an economic recovery.</p><p>It looks like gains for the overall market will be capped however, as investors are lightening up on technology shares as they rotate into cyclical stocks. Microsoft, Netflix and Amazon all traded in the red.</p><p>Initial jobless claims fell to 406,000, hitting&nbsp;a new pandemic low and much less than expected, the Labor Department reported Thursday. Economists surveyed by Dow Jones&nbsp;had expected a total of 425,000 Americans to have filed unemployment benefits in the week ended May 22.</p><p>In a separate report, the Commerce Department left its initial estimate on first-quarter gross domestic product unchanged at 6.4%</p><p>Snowflake&nbsp;shares fell 4% after the data-analytics software companyreported widening losses.Nvidia's stock dipped slightly even after the chip giant's earnings and sales for the first quarter both beat Wall Street expectations.Its revenue grew 88% compared to last year.</p><p>Meme stocks, which have jumped this week amid a resurgence in speculative trading, were lower in premarket trading. GameStop was down by about 4%. AMC Entertainment lost 6%.</p><p>Ford was higher again, with the stock up 1% following anupgrade by RBC. The stock jumped 8% on Wednesday after unveiling its electric vehicle strategy.</p><p>The move in futures followed a relatively quiet session on Wall Street. The S&amp;P 500 eked out a 0.2% gain in light trading, supported by gains in shares tied to the economic reopening including airlines and cruise line operators. The blue-chip Dow finished Wednesday's session little changed, while the tech-heavy Nasdaq Composite gained 0.6%.</p><p>Trading is expected to be muted ahead of the Memorial Day weekend.</p><p>\"Equity markets are quiet as investors continue to anticipate the Fed's next move,\" said Mark Hackett, chief of investment research at Nationwide. \"Low volatility and low trading volume are a frequent occurrence in the week leading into a holiday.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154877560","content_text":"U.S. stocks climbed on Thursday as investors digested stronger-than-expected labor-market data.The Dow Jones Industrial Average jumped 200 points. The S&P 500 rose 0.3% and the Nasdaq Composite traded near the flatline. Shares of Boeing advanced 2.7% on optimism about an economic recovery.It looks like gains for the overall market will be capped however, as investors are lightening up on technology shares as they rotate into cyclical stocks. Microsoft, Netflix and Amazon all traded in the red.Initial jobless claims fell to 406,000, hitting a new pandemic low and much less than expected, the Labor Department reported Thursday. Economists surveyed by Dow Jones had expected a total of 425,000 Americans to have filed unemployment benefits in the week ended May 22.In a separate report, the Commerce Department left its initial estimate on first-quarter gross domestic product unchanged at 6.4%Snowflake shares fell 4% after the data-analytics software companyreported widening losses.Nvidia's stock dipped slightly even after the chip giant's earnings and sales for the first quarter both beat Wall Street expectations.Its revenue grew 88% compared to last year.Meme stocks, which have jumped this week amid a resurgence in speculative trading, were lower in premarket trading. GameStop was down by about 4%. AMC Entertainment lost 6%.Ford was higher again, with the stock up 1% following anupgrade by RBC. The stock jumped 8% on Wednesday after unveiling its electric vehicle strategy.The move in futures followed a relatively quiet session on Wall Street. The S&P 500 eked out a 0.2% gain in light trading, supported by gains in shares tied to the economic reopening including airlines and cruise line operators. The blue-chip Dow finished Wednesday's session little changed, while the tech-heavy Nasdaq Composite gained 0.6%.Trading is expected to be muted ahead of the Memorial Day weekend.\"Equity markets are quiet as investors continue to anticipate the Fed's next move,\" said Mark Hackett, chief of investment research at Nationwide. \"Low volatility and low trading volume are a frequent occurrence in the week leading into a holiday.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":772,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136460978,"gmtCreate":1622036231794,"gmtModify":1704178239844,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Nice!&nbsp;","listText":"Nice!&nbsp;","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136460978","repostId":"1103304651","repostType":2,"repost":{"id":"1103304651","kind":"news","pubTimestamp":1622012985,"share":"https://ttm.financial/m/news/1103304651?lang=en_US&edition=fundamental","pubTime":"2021-05-26 15:09","market":"us","language":"en","title":"Alibaba Is A Buy Right Now, Says Cramer","url":"https://stock-news.laohu8.com/highlight/detail?id=1103304651","media":"benzinga","summary":"CNBC host Jim Cramer said he likes Chinese e-commerce giant Alibaba Group Holding Limited(NYSE:BABA)","content":"<div>\n<p>CNBC host Jim Cramer said he likes Chinese e-commerce giant Alibaba Group Holding Limited(NYSE:BABA) “very much” and recommended that investors buy and hold on to the stock.What Happened:On the CNBC “...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/05/21290776/alibaba-is-a-buy-right-now-says-cramer\">Source Link</a>\n\n</div>\n","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>Alibaba Is A Buy Right Now, Says Cramer</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\">\nAlibaba Is A Buy Right Now, Says Cramer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 15:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/long-ideas/21/05/21290776/alibaba-is-a-buy-right-now-says-cramer><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CNBC host Jim Cramer said he likes Chinese e-commerce giant Alibaba Group Holding Limited(NYSE:BABA) “very much” and recommended that investors buy and hold on to the stock.What Happened:On the CNBC “...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/05/21290776/alibaba-is-a-buy-right-now-says-cramer\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","BABA":"阿里巴巴"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/05/21290776/alibaba-is-a-buy-right-now-says-cramer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103304651","content_text":"CNBC host Jim Cramer said he likes Chinese e-commerce giant Alibaba Group Holding Limited(NYSE:BABA) “very much” and recommended that investors buy and hold on to the stock.What Happened:On the CNBC “Mad Money\" lightning round Tuesday,Cramer notedthat Alibaba’s stock has fallen a lot.“I think you should buy it and put it away,” he said.Earlier this month, Cramersaidhe likes Alibaba, but can endorse Baidu Inc.(NASDAQ:BIDU) too.Why It Matters:Alibaba’s stock is down 33.9% from a 52-week high of $319.32 it touched in late October last year. The stock is down 9.28% year-to-date.Alibaba has faced increasedregulatory scrutinyin China since October last year after its co-founder Jack Ma criticized China's banking sector as operating with a “pawnshop mentality.\" The government scuttled the planned blockbusterAnt Group IPOshortly after Ma made the comments.Alibaba was hit with a record$2.8 billion finein April over purportedly abusing its dominant market position in the country.It wasreportedearlier this month that a consortium led by Alibaba has invested $400 million in the consumer retail arm of Vietnamese conglomerate Masan Group Corp.Price Action:Alibaba shares closed 0.3% higher in Tuesday’s regular trading session at $211.13 and further rose another 0.3% in the after-hours session to $211.80.","news_type":1,"symbols_score_info":{"BABA":0.9,"BIDU":0.9}},"isVote":1,"tweetType":1,"viewCount":814,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136561164,"gmtCreate":1622029247258,"gmtModify":1704178110232,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Yes!&nbsp;","listText":"Yes!&nbsp;","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136561164","repostId":"1115191257","repostType":4,"repost":{"id":"1115191257","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622025558,"share":"https://ttm.financial/m/news/1115191257?lang=en_US&edition=fundamental","pubTime":"2021-05-26 18:39","market":"us","language":"en","title":"China's Pinduoduo beats quarterly revenue estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1115191257","media":"Tiger Newspress","summary":"Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesda","content":"<p>Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.</p><p>Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.</p><p>The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.</p><p>Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.</p><p>Pinduoduo&nbsp;stock&nbsp;surged more than 3% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d78d44a7114b62db59be95f65e93e84e\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights</b></p><ul><li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB22,167.1 million&nbsp;(US$13,383.4 million), an increase of 239% from&nbsp;RMB6,541.1 millionin the same quarter of 2020.</li><li><b>Average monthly active users</b>&nbsp;in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.</li><li><b>Active buyers</b>&nbsp;in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.</li><li><b>Operating loss</b>&nbsp;in the quarter was&nbsp;RMB4,147.0 million(US$633.0 million), compared with operating loss of&nbsp;RMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP4&nbsp;operating loss</b>&nbsp;in the quarter wasRMB&nbsp;3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</li><li><b>Net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB2,905.4 million(US$ 443.5 million), compared with&nbsp;RMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</li></ul><p>“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”</p><p>“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”</p><p>“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”</p><p><b>First Quarter 2021 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.</li><li><b>Revenues from transaction services</b>wereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.</li><li><b>Revenues from merchandise sales</b>wereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.</li></ul><p><b>Total costs of revenues</b>wereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.</p><ul><li><b>Sales and marketing expenses</b>wereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.</li><li><b>Research and development expenses</b>wereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP operating loss</b>wasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.</p><p><b>Net cash flow used in operating activities</b>wasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><b>Recent Development</b></p><p>As ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</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's Pinduoduo beats quarterly revenue estimates</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's Pinduoduo beats quarterly revenue estimates\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\">2021-05-26 18:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.</p><p>Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.</p><p>The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.</p><p>Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.</p><p>Pinduoduo&nbsp;stock&nbsp;surged more than 3% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d78d44a7114b62db59be95f65e93e84e\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights</b></p><ul><li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB22,167.1 million&nbsp;(US$13,383.4 million), an increase of 239% from&nbsp;RMB6,541.1 millionin the same quarter of 2020.</li><li><b>Average monthly active users</b>&nbsp;in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.</li><li><b>Active buyers</b>&nbsp;in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.</li><li><b>Operating loss</b>&nbsp;in the quarter was&nbsp;RMB4,147.0 million(US$633.0 million), compared with operating loss of&nbsp;RMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP4&nbsp;operating loss</b>&nbsp;in the quarter wasRMB&nbsp;3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</li><li><b>Net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB2,905.4 million(US$ 443.5 million), compared with&nbsp;RMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</li></ul><p>“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”</p><p>“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”</p><p>“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”</p><p><b>First Quarter 2021 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.</li><li><b>Revenues from transaction services</b>wereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.</li><li><b>Revenues from merchandise sales</b>wereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.</li></ul><p><b>Total costs of revenues</b>wereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.</p><ul><li><b>Sales and marketing expenses</b>wereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.</li><li><b>Research and development expenses</b>wereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP operating loss</b>wasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.</p><p><b>Net cash flow used in operating activities</b>wasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><b>Recent Development</b></p><p>As ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115191257","content_text":"Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.Pinduoduo stock surged more than 3% in premarket trading.First Quarter 2021 HighlightsTotal revenues in the quarter were RMB22,167.1 million (US$13,383.4 million), an increase of 239% from RMB6,541.1 millionin the same quarter of 2020.Average monthly active users in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.Active buyers in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.Operating loss in the quarter was RMB4,147.0 million(US$633.0 million), compared with operating loss of RMB4,397.2 millionin the same quarter of 2020.Non-GAAP4 operating loss in the quarter wasRMB 3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.Net loss attributable to ordinary shareholders in the quarter was RMB2,905.4 million(US$ 443.5 million), compared with RMB4,119.3 millionin the same quarter of 2020.Non-GAAP net loss attributable to ordinary shareholders in the quarter was RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”First Quarter 2021 Unaudited Financial ResultsTotal revenueswereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and otherswereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.Revenues from transaction serviceswereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.Revenues from merchandise saleswereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.Total costs of revenueswereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.Total operating expenseswereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.Sales and marketing expenseswereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.Research and development expenseswereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.Non-GAAP operating losswasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.Net loss attributable to ordinary shareholderswasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.Non-GAAP net loss attributable to ordinary shareholderswasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.Basic and diluted net loss per ADSwereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.Non-GAAP basic and diluted net loss per ADSwereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.Net cash flow used in operating activitieswasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.Cash, cash equivalents and short-term investmentswereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.Recent DevelopmentAs ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.","news_type":1,"symbols_score_info":{"PDD":0.9}},"isVote":1,"tweetType":1,"viewCount":585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138606469,"gmtCreate":1621931364551,"gmtModify":1704364645071,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good to know that the business is performing well!&nbsp;","listText":"Good to know that the business is performing well!&nbsp;","text":"Good to know that the business is performing well!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138606469","repostId":"1162584877","repostType":4,"repost":{"id":"1162584877","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621929875,"share":"https://ttm.financial/m/news/1162584877?lang=en_US&edition=fundamental","pubTime":"2021-05-25 16:04","market":"us","language":"en","title":"UP Fintech Client Accounts and Balances Hit Record High in Q1 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1162584877","media":"Tiger Newspress","summary":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “$(TIGR)$”, and ","content":"<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “<a href=\"https://laohu8.com/S/TIGR\">$(TIGR)$</a>”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm, posted a strong earnings report for Q1 FY 2021. The firm saw record trading volume of $123.8 billion in the first quarter as demand for online securities trading continued to rise.</p>\n<p>UP Fintech added 296K new client accounts in the first quarter of 2021, more than 3 times that of the first quarter of 2020. The total number of clients with deposits increased 180.4% year-over-year to 376K. Led by strong growth in the client base coupled with active engagement in the markets during the quarter, the total client account balance reached a record high of $21.4 billion in Q1.</p>\n<p>Total revenue increased 255.5% year-over-year to $81.3 million. Non-GAAP profit was $23.5 million during the quarter, 22 times that of the first quarter of 2020.</p>\n<p>In the first quarter, UP Fintech continued to expand its international reach with a growing presence in Singapore. Since the launch of its mobile trading app in Singapore a year ago, the firm has successfully differentiated itself with its innovative technology in a crowded market. In order to further expand product offerings for local users to diversify their portfolios, UP Fintech introduced new products and services in Singapore including its Fund Mall, as well as Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities in Q1.</p>\n<p>The quarterly additions of new client accounts and funded accounts in Singapore increased by 257.9% and 300.8%, respectively, compared to the preceding quarter. The number of new accounts in Singapore during the first three months of 2021 also exceeded the total for 2020, representing an important step forward in implementing the firm’s global expansion strategy.</p>\n<p>Other revenues from corporate services, including investment banking and ESOP, rose 330.5% to $10.5 million from the prior year period. In Q1, UP Fintech participated in 14 H.K. and U.S. IPOs and served as an underwriter in 8 of them. The firm’s U.S. subsidiary also served as a lead bank for the first time in KuKe’s U.S. IPO (NYSE:KUKE). Despite having only started its investment banking business three years ago, UP Fintech has participated in more than 80 U.S. IPOs of Chinese issuers, leading U.S. IPO underwriting of Chinese companies by deal count among brokerages in both 2019 and 2020.</p>\n<p>The firm also added 41 ESOP clients in Q1. Meanwhile, UP Fintech received ISO27701:2019 and ISO29151:2017 accreditations from DNV. These certifications certified the firm’s commitment to comply with the most stringent international standards in supporting data integrity and client confidentiality.</p>\n<p>“We delivered another strong performance in Q1 with the highest ever funded account additions of 117K during the quarter. We are proud to now serve a diverse and sophisticated base of 376K investors. In Q1, more than half of new clients came from international markets, demonstrating our global expansion strategy is proceeding nicely. The Singapore market delivered phenomenal customer growth, serving as a testament to the relevance of our product offering and the opportunity in the retail brokerage market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “We are off to a strong start in 2021 with record new accounts and client balances. Looking ahead, we will continue to expand our product portfolio and enhance our one-stop trading platform to meet investor preferences.”</p>\n<p>Safe Harbor Statement</p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</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>UP Fintech Client Accounts and Balances Hit Record High in Q1 2021</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\">\nUP Fintech Client Accounts and Balances Hit Record High in Q1 2021\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\">2021-05-25 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “<a href=\"https://laohu8.com/S/TIGR\">$(TIGR)$</a>”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm, posted a strong earnings report for Q1 FY 2021. The firm saw record trading volume of $123.8 billion in the first quarter as demand for online securities trading continued to rise.</p>\n<p>UP Fintech added 296K new client accounts in the first quarter of 2021, more than 3 times that of the first quarter of 2020. The total number of clients with deposits increased 180.4% year-over-year to 376K. Led by strong growth in the client base coupled with active engagement in the markets during the quarter, the total client account balance reached a record high of $21.4 billion in Q1.</p>\n<p>Total revenue increased 255.5% year-over-year to $81.3 million. Non-GAAP profit was $23.5 million during the quarter, 22 times that of the first quarter of 2020.</p>\n<p>In the first quarter, UP Fintech continued to expand its international reach with a growing presence in Singapore. Since the launch of its mobile trading app in Singapore a year ago, the firm has successfully differentiated itself with its innovative technology in a crowded market. In order to further expand product offerings for local users to diversify their portfolios, UP Fintech introduced new products and services in Singapore including its Fund Mall, as well as Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities in Q1.</p>\n<p>The quarterly additions of new client accounts and funded accounts in Singapore increased by 257.9% and 300.8%, respectively, compared to the preceding quarter. The number of new accounts in Singapore during the first three months of 2021 also exceeded the total for 2020, representing an important step forward in implementing the firm’s global expansion strategy.</p>\n<p>Other revenues from corporate services, including investment banking and ESOP, rose 330.5% to $10.5 million from the prior year period. In Q1, UP Fintech participated in 14 H.K. and U.S. IPOs and served as an underwriter in 8 of them. The firm’s U.S. subsidiary also served as a lead bank for the first time in KuKe’s U.S. IPO (NYSE:KUKE). Despite having only started its investment banking business three years ago, UP Fintech has participated in more than 80 U.S. IPOs of Chinese issuers, leading U.S. IPO underwriting of Chinese companies by deal count among brokerages in both 2019 and 2020.</p>\n<p>The firm also added 41 ESOP clients in Q1. Meanwhile, UP Fintech received ISO27701:2019 and ISO29151:2017 accreditations from DNV. These certifications certified the firm’s commitment to comply with the most stringent international standards in supporting data integrity and client confidentiality.</p>\n<p>“We delivered another strong performance in Q1 with the highest ever funded account additions of 117K during the quarter. We are proud to now serve a diverse and sophisticated base of 376K investors. In Q1, more than half of new clients came from international markets, demonstrating our global expansion strategy is proceeding nicely. The Singapore market delivered phenomenal customer growth, serving as a testament to the relevance of our product offering and the opportunity in the retail brokerage market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “We are off to a strong start in 2021 with record new accounts and client balances. Looking ahead, we will continue to expand our product portfolio and enhance our one-stop trading platform to meet investor preferences.”</p>\n<p>Safe Harbor Statement</p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162584877","content_text":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “$(TIGR)$”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm, posted a strong earnings report for Q1 FY 2021. The firm saw record trading volume of $123.8 billion in the first quarter as demand for online securities trading continued to rise.\nUP Fintech added 296K new client accounts in the first quarter of 2021, more than 3 times that of the first quarter of 2020. The total number of clients with deposits increased 180.4% year-over-year to 376K. Led by strong growth in the client base coupled with active engagement in the markets during the quarter, the total client account balance reached a record high of $21.4 billion in Q1.\nTotal revenue increased 255.5% year-over-year to $81.3 million. Non-GAAP profit was $23.5 million during the quarter, 22 times that of the first quarter of 2020.\nIn the first quarter, UP Fintech continued to expand its international reach with a growing presence in Singapore. Since the launch of its mobile trading app in Singapore a year ago, the firm has successfully differentiated itself with its innovative technology in a crowded market. In order to further expand product offerings for local users to diversify their portfolios, UP Fintech introduced new products and services in Singapore including its Fund Mall, as well as Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities in Q1.\nThe quarterly additions of new client accounts and funded accounts in Singapore increased by 257.9% and 300.8%, respectively, compared to the preceding quarter. The number of new accounts in Singapore during the first three months of 2021 also exceeded the total for 2020, representing an important step forward in implementing the firm’s global expansion strategy.\nOther revenues from corporate services, including investment banking and ESOP, rose 330.5% to $10.5 million from the prior year period. In Q1, UP Fintech participated in 14 H.K. and U.S. IPOs and served as an underwriter in 8 of them. The firm’s U.S. subsidiary also served as a lead bank for the first time in KuKe’s U.S. IPO (NYSE:KUKE). Despite having only started its investment banking business three years ago, UP Fintech has participated in more than 80 U.S. IPOs of Chinese issuers, leading U.S. IPO underwriting of Chinese companies by deal count among brokerages in both 2019 and 2020.\nThe firm also added 41 ESOP clients in Q1. Meanwhile, UP Fintech received ISO27701:2019 and ISO29151:2017 accreditations from DNV. These certifications certified the firm’s commitment to comply with the most stringent international standards in supporting data integrity and client confidentiality.\n“We delivered another strong performance in Q1 with the highest ever funded account additions of 117K during the quarter. We are proud to now serve a diverse and sophisticated base of 376K investors. In Q1, more than half of new clients came from international markets, demonstrating our global expansion strategy is proceeding nicely. The Singapore market delivered phenomenal customer growth, serving as a testament to the relevance of our product offering and the opportunity in the retail brokerage market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “We are off to a strong start in 2021 with record new accounts and client balances. Looking ahead, we will continue to expand our product portfolio and enhance our one-stop trading platform to meet investor preferences.”\nSafe Harbor Statement\nThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138085336,"gmtCreate":1621901304625,"gmtModify":1704364013754,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Great information!&nbsp;","listText":"Great information!&nbsp;","text":"Great information!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/138085336","repostId":"1108214541","repostType":4,"isVote":1,"tweetType":1,"viewCount":757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131291513,"gmtCreate":1621861166132,"gmtModify":1704363425051,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Good sharing!&nbsp;","listText":"Good sharing!&nbsp;","text":"Good sharing!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131291513","repostId":"1154364832","repostType":2,"isVote":1,"tweetType":1,"viewCount":992,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131299968,"gmtCreate":1621861011254,"gmtModify":1704363421973,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570871195511512","idStr":"3570871195511512"},"themes":[],"htmlText":"Is the stock&nbsp;undervalue till&nbsp;the company is repurchasing its share?&nbsp;","listText":"Is the stock&nbsp;undervalue till&nbsp;the company is repurchasing its share?&nbsp;","text":"Is the stock undervalue till the company is repurchasing its share?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131299968","repostId":"2137132282","repostType":4,"repost":{"id":"2137132282","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":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1621853112,"share":"https://ttm.financial/m/news/2137132282?lang=en_US&edition=fundamental","pubTime":"2021-05-24 18:45","market":"us","language":"en","title":"Lufax Announces Share Repurchase Plan By The Company And Senior Management","url":"https://stock-news.laohu8.com/highlight/detail?id=2137132282","media":"T-Reuters","summary":"Lufax Holding Ltd:Lufax Announces Share Repurchase Plan By The Company And Senior Management.Lufax A","content":"<p>Lufax Holding Ltd:Lufax Announces Share Repurchase Plan By The Company And Senior Management.Lufax Announces Share Repurchase Plan By The Company And Senior Management.Lufax Holding Ltd - May Repurchase Up To Us$300 Million Of Adss For Next Six Months.Lufax Holding Ltd - Plans To Fund Repurchases From Its Existing Cash Balance.</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>Lufax Announces Share Repurchase Plan By The Company And Senior Management</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\">\nLufax Announces Share Repurchase Plan By The Company And Senior Management\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-05-24 18:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lufax Holding Ltd:Lufax Announces Share Repurchase Plan By The Company And Senior Management.Lufax Announces Share Repurchase Plan By The Company And Senior Management.Lufax Holding Ltd - May Repurchase Up To Us$300 Million Of Adss For Next Six Months.Lufax Holding Ltd - Plans To Fund Repurchases From Its Existing Cash Balance.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU":"陆金所"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137132282","content_text":"Lufax Holding Ltd:Lufax Announces Share Repurchase Plan By The Company And Senior Management.Lufax Announces Share Repurchase Plan By The Company And Senior Management.Lufax Holding Ltd - May Repurchase Up To Us$300 Million Of Adss For Next Six Months.Lufax Holding Ltd - Plans To Fund Repurchases From Its Existing Cash Balance.","news_type":1,"symbols_score_info":{"LU":0.9}},"isVote":1,"tweetType":1,"viewCount":548,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":180135759,"gmtCreate":1623194278171,"gmtModify":1704197905281,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Worth to check out the company?&nbsp;","listText":"Worth to check out the company?&nbsp;","text":"Worth to check out the company?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/180135759","repostId":"2141426170","repostType":4,"repost":{"id":"2141426170","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":1623156570,"share":"https://ttm.financial/m/news/2141426170?lang=en_US&edition=fundamental","pubTime":"2021-06-08 20:49","market":"us","language":"en","title":"Berkshire Hathaway invests $500 million in Brazil's Nubank","url":"https://stock-news.laohu8.com/highlight/detail?id=2141426170","media":"Reuters","summary":"June 8 (Reuters) - Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giv","content":"<p>June 8 (Reuters) - Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giving the fast-growing fintech a big vote of confidence as it seeks to widen its footprint across Latin America.</p><p>Nubank, best known as a credit card issuer, also said it raised an additional $250 million from a series of other investors.</p><p>The new investments give Nubank a $30 billion valuation, up from $25 billion at the time of its previous fundraising round, according to a source familiar with the situation. That would make the upstart bank worth just slightly less than Banco Santander Brasil SA, Brazil's No. 3 bank, which has more than 2,000 branches.</p><p>Nubank, which has 40 million clients, said in a statement it plans to use the proceeds to fund its international expansion to Mexico and Colombia, launch new products and services and hire more employees.</p><p>The arrival of such high-profile investors, who usually invest in publicly traded companies, gives a hint on how close Nubank is to a listing.</p><p>Earlier in April, Reuters reported that Nubank had initiated preparations for a U.S. stock market listing which could come as early as this year, according to sources familiar with the matter.</p><p><b>BERKSHIRE BETS IN BRAZIL</b></p><p>Nubank is Warren Buffett's second bet on a Brazilian financial startup. His Berkshire Hathaway also acquired a stake in payments company StoneCo Ltd almost three years ago, when it went public.</p><p>A highly concentrated financial market dominated by five banks, Brazil has been a hotbed for fintech growth. Online banking has reduced costs for newcomers and the central bank has created new rules to encourage competition, aiming at lower fees and interest rates for consumers.</p><p>Nubank's $750 million new funding round is part of its series G fundraising round, which totaled $1.15 billion. An initial part of the series G round was announced in January.</p><p>Other participants in the round included Sands Capital, Canada Pension Plan Investment Board, MSA Capital, Advent's Sunley House Capital and Brazilian asset managers Verde Asset Management and Absoluto Partners. (Reporting by Carolina Mandl, additional reporting by Noor Zainab Hussain in Bengaluru and Carolina Mandl in Sao Paulo; Editing by Maju Samuel, Christian Plumb and Jonathan Oatis)</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>Berkshire Hathaway invests $500 million in Brazil's Nubank</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\">\nBerkshire Hathaway invests $500 million in Brazil's Nubank\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\">2021-06-08 20:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 8 (Reuters) - Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giving the fast-growing fintech a big vote of confidence as it seeks to widen its footprint across Latin America.</p><p>Nubank, best known as a credit card issuer, also said it raised an additional $250 million from a series of other investors.</p><p>The new investments give Nubank a $30 billion valuation, up from $25 billion at the time of its previous fundraising round, according to a source familiar with the situation. That would make the upstart bank worth just slightly less than Banco Santander Brasil SA, Brazil's No. 3 bank, which has more than 2,000 branches.</p><p>Nubank, which has 40 million clients, said in a statement it plans to use the proceeds to fund its international expansion to Mexico and Colombia, launch new products and services and hire more employees.</p><p>The arrival of such high-profile investors, who usually invest in publicly traded companies, gives a hint on how close Nubank is to a listing.</p><p>Earlier in April, Reuters reported that Nubank had initiated preparations for a U.S. stock market listing which could come as early as this year, according to sources familiar with the matter.</p><p><b>BERKSHIRE BETS IN BRAZIL</b></p><p>Nubank is Warren Buffett's second bet on a Brazilian financial startup. His Berkshire Hathaway also acquired a stake in payments company StoneCo Ltd almost three years ago, when it went public.</p><p>A highly concentrated financial market dominated by five banks, Brazil has been a hotbed for fintech growth. Online banking has reduced costs for newcomers and the central bank has created new rules to encourage competition, aiming at lower fees and interest rates for consumers.</p><p>Nubank's $750 million new funding round is part of its series G fundraising round, which totaled $1.15 billion. An initial part of the series G round was announced in January.</p><p>Other participants in the round included Sands Capital, Canada Pension Plan Investment Board, MSA Capital, Advent's Sunley House Capital and Brazilian asset managers Verde Asset Management and Absoluto Partners. (Reporting by Carolina Mandl, additional reporting by Noor Zainab Hussain in Bengaluru and Carolina Mandl in Sao Paulo; Editing by Maju Samuel, Christian Plumb and Jonathan Oatis)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141426170","content_text":"June 8 (Reuters) - Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giving the fast-growing fintech a big vote of confidence as it seeks to widen its footprint across Latin America.Nubank, best known as a credit card issuer, also said it raised an additional $250 million from a series of other investors.The new investments give Nubank a $30 billion valuation, up from $25 billion at the time of its previous fundraising round, according to a source familiar with the situation. That would make the upstart bank worth just slightly less than Banco Santander Brasil SA, Brazil's No. 3 bank, which has more than 2,000 branches.Nubank, which has 40 million clients, said in a statement it plans to use the proceeds to fund its international expansion to Mexico and Colombia, launch new products and services and hire more employees.The arrival of such high-profile investors, who usually invest in publicly traded companies, gives a hint on how close Nubank is to a listing.Earlier in April, Reuters reported that Nubank had initiated preparations for a U.S. stock market listing which could come as early as this year, according to sources familiar with the matter.BERKSHIRE BETS IN BRAZILNubank is Warren Buffett's second bet on a Brazilian financial startup. His Berkshire Hathaway also acquired a stake in payments company StoneCo Ltd almost three years ago, when it went public.A highly concentrated financial market dominated by five banks, Brazil has been a hotbed for fintech growth. Online banking has reduced costs for newcomers and the central bank has created new rules to encourage competition, aiming at lower fees and interest rates for consumers.Nubank's $750 million new funding round is part of its series G fundraising round, which totaled $1.15 billion. An initial part of the series G round was announced in January.Other participants in the round included Sands Capital, Canada Pension Plan Investment Board, MSA Capital, Advent's Sunley House Capital and Brazilian asset managers Verde Asset Management and Absoluto Partners. (Reporting by Carolina Mandl, additional reporting by Noor Zainab Hussain in Bengaluru and Carolina Mandl in Sao Paulo; Editing by Maju Samuel, Christian Plumb and Jonathan Oatis)","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":2656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103834871,"gmtCreate":1619765073393,"gmtModify":1704272049193,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"More to come. ?","listText":"More to come. ?","text":"More to come. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103834871","repostId":"1153490597","repostType":4,"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372058268,"gmtCreate":1619161637954,"gmtModify":1704720588795,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Wait and see!&nbsp;","listText":"Wait and see!&nbsp;","text":"Wait and see!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372058268","repostId":"2129336573","repostType":4,"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134180272,"gmtCreate":1622211249996,"gmtModify":1704181610058,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Wow!&nbsp;","listText":"Wow!&nbsp;","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/134180272","repostId":"1157072297","repostType":2,"isVote":1,"tweetType":1,"viewCount":1038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138606469,"gmtCreate":1621931364551,"gmtModify":1704364645071,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Good to know that the business is performing well!&nbsp;","listText":"Good to know that the business is performing well!&nbsp;","text":"Good to know that the business is performing well!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138606469","repostId":"1162584877","repostType":4,"repost":{"id":"1162584877","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621929875,"share":"https://ttm.financial/m/news/1162584877?lang=en_US&edition=fundamental","pubTime":"2021-05-25 16:04","market":"us","language":"en","title":"UP Fintech Client Accounts and Balances Hit Record High in Q1 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1162584877","media":"Tiger Newspress","summary":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “$(TIGR)$”, and ","content":"<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “<a href=\"https://laohu8.com/S/TIGR\">$(TIGR)$</a>”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm, posted a strong earnings report for Q1 FY 2021. The firm saw record trading volume of $123.8 billion in the first quarter as demand for online securities trading continued to rise.</p>\n<p>UP Fintech added 296K new client accounts in the first quarter of 2021, more than 3 times that of the first quarter of 2020. The total number of clients with deposits increased 180.4% year-over-year to 376K. Led by strong growth in the client base coupled with active engagement in the markets during the quarter, the total client account balance reached a record high of $21.4 billion in Q1.</p>\n<p>Total revenue increased 255.5% year-over-year to $81.3 million. Non-GAAP profit was $23.5 million during the quarter, 22 times that of the first quarter of 2020.</p>\n<p>In the first quarter, UP Fintech continued to expand its international reach with a growing presence in Singapore. Since the launch of its mobile trading app in Singapore a year ago, the firm has successfully differentiated itself with its innovative technology in a crowded market. In order to further expand product offerings for local users to diversify their portfolios, UP Fintech introduced new products and services in Singapore including its Fund Mall, as well as Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities in Q1.</p>\n<p>The quarterly additions of new client accounts and funded accounts in Singapore increased by 257.9% and 300.8%, respectively, compared to the preceding quarter. The number of new accounts in Singapore during the first three months of 2021 also exceeded the total for 2020, representing an important step forward in implementing the firm’s global expansion strategy.</p>\n<p>Other revenues from corporate services, including investment banking and ESOP, rose 330.5% to $10.5 million from the prior year period. In Q1, UP Fintech participated in 14 H.K. and U.S. IPOs and served as an underwriter in 8 of them. The firm’s U.S. subsidiary also served as a lead bank for the first time in KuKe’s U.S. IPO (NYSE:KUKE). Despite having only started its investment banking business three years ago, UP Fintech has participated in more than 80 U.S. IPOs of Chinese issuers, leading U.S. IPO underwriting of Chinese companies by deal count among brokerages in both 2019 and 2020.</p>\n<p>The firm also added 41 ESOP clients in Q1. Meanwhile, UP Fintech received ISO27701:2019 and ISO29151:2017 accreditations from DNV. These certifications certified the firm’s commitment to comply with the most stringent international standards in supporting data integrity and client confidentiality.</p>\n<p>“We delivered another strong performance in Q1 with the highest ever funded account additions of 117K during the quarter. We are proud to now serve a diverse and sophisticated base of 376K investors. In Q1, more than half of new clients came from international markets, demonstrating our global expansion strategy is proceeding nicely. The Singapore market delivered phenomenal customer growth, serving as a testament to the relevance of our product offering and the opportunity in the retail brokerage market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “We are off to a strong start in 2021 with record new accounts and client balances. Looking ahead, we will continue to expand our product portfolio and enhance our one-stop trading platform to meet investor preferences.”</p>\n<p>Safe Harbor Statement</p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</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>UP Fintech Client Accounts and Balances Hit Record High in Q1 2021</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\">\nUP Fintech Client Accounts and Balances Hit Record High in Q1 2021\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\">2021-05-25 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “<a href=\"https://laohu8.com/S/TIGR\">$(TIGR)$</a>”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm, posted a strong earnings report for Q1 FY 2021. The firm saw record trading volume of $123.8 billion in the first quarter as demand for online securities trading continued to rise.</p>\n<p>UP Fintech added 296K new client accounts in the first quarter of 2021, more than 3 times that of the first quarter of 2020. The total number of clients with deposits increased 180.4% year-over-year to 376K. Led by strong growth in the client base coupled with active engagement in the markets during the quarter, the total client account balance reached a record high of $21.4 billion in Q1.</p>\n<p>Total revenue increased 255.5% year-over-year to $81.3 million. Non-GAAP profit was $23.5 million during the quarter, 22 times that of the first quarter of 2020.</p>\n<p>In the first quarter, UP Fintech continued to expand its international reach with a growing presence in Singapore. Since the launch of its mobile trading app in Singapore a year ago, the firm has successfully differentiated itself with its innovative technology in a crowded market. In order to further expand product offerings for local users to diversify their portfolios, UP Fintech introduced new products and services in Singapore including its Fund Mall, as well as Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities in Q1.</p>\n<p>The quarterly additions of new client accounts and funded accounts in Singapore increased by 257.9% and 300.8%, respectively, compared to the preceding quarter. The number of new accounts in Singapore during the first three months of 2021 also exceeded the total for 2020, representing an important step forward in implementing the firm’s global expansion strategy.</p>\n<p>Other revenues from corporate services, including investment banking and ESOP, rose 330.5% to $10.5 million from the prior year period. In Q1, UP Fintech participated in 14 H.K. and U.S. IPOs and served as an underwriter in 8 of them. The firm’s U.S. subsidiary also served as a lead bank for the first time in KuKe’s U.S. IPO (NYSE:KUKE). Despite having only started its investment banking business three years ago, UP Fintech has participated in more than 80 U.S. IPOs of Chinese issuers, leading U.S. IPO underwriting of Chinese companies by deal count among brokerages in both 2019 and 2020.</p>\n<p>The firm also added 41 ESOP clients in Q1. Meanwhile, UP Fintech received ISO27701:2019 and ISO29151:2017 accreditations from DNV. These certifications certified the firm’s commitment to comply with the most stringent international standards in supporting data integrity and client confidentiality.</p>\n<p>“We delivered another strong performance in Q1 with the highest ever funded account additions of 117K during the quarter. We are proud to now serve a diverse and sophisticated base of 376K investors. In Q1, more than half of new clients came from international markets, demonstrating our global expansion strategy is proceeding nicely. The Singapore market delivered phenomenal customer growth, serving as a testament to the relevance of our product offering and the opportunity in the retail brokerage market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “We are off to a strong start in 2021 with record new accounts and client balances. Looking ahead, we will continue to expand our product portfolio and enhance our one-stop trading platform to meet investor preferences.”</p>\n<p>Safe Harbor Statement</p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162584877","content_text":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “$(TIGR)$”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm, posted a strong earnings report for Q1 FY 2021. The firm saw record trading volume of $123.8 billion in the first quarter as demand for online securities trading continued to rise.\nUP Fintech added 296K new client accounts in the first quarter of 2021, more than 3 times that of the first quarter of 2020. The total number of clients with deposits increased 180.4% year-over-year to 376K. Led by strong growth in the client base coupled with active engagement in the markets during the quarter, the total client account balance reached a record high of $21.4 billion in Q1.\nTotal revenue increased 255.5% year-over-year to $81.3 million. Non-GAAP profit was $23.5 million during the quarter, 22 times that of the first quarter of 2020.\nIn the first quarter, UP Fintech continued to expand its international reach with a growing presence in Singapore. Since the launch of its mobile trading app in Singapore a year ago, the firm has successfully differentiated itself with its innovative technology in a crowded market. In order to further expand product offerings for local users to diversify their portfolios, UP Fintech introduced new products and services in Singapore including its Fund Mall, as well as Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities in Q1.\nThe quarterly additions of new client accounts and funded accounts in Singapore increased by 257.9% and 300.8%, respectively, compared to the preceding quarter. The number of new accounts in Singapore during the first three months of 2021 also exceeded the total for 2020, representing an important step forward in implementing the firm’s global expansion strategy.\nOther revenues from corporate services, including investment banking and ESOP, rose 330.5% to $10.5 million from the prior year period. In Q1, UP Fintech participated in 14 H.K. and U.S. IPOs and served as an underwriter in 8 of them. The firm’s U.S. subsidiary also served as a lead bank for the first time in KuKe’s U.S. IPO (NYSE:KUKE). Despite having only started its investment banking business three years ago, UP Fintech has participated in more than 80 U.S. IPOs of Chinese issuers, leading U.S. IPO underwriting of Chinese companies by deal count among brokerages in both 2019 and 2020.\nThe firm also added 41 ESOP clients in Q1. Meanwhile, UP Fintech received ISO27701:2019 and ISO29151:2017 accreditations from DNV. These certifications certified the firm’s commitment to comply with the most stringent international standards in supporting data integrity and client confidentiality.\n“We delivered another strong performance in Q1 with the highest ever funded account additions of 117K during the quarter. We are proud to now serve a diverse and sophisticated base of 376K investors. In Q1, more than half of new clients came from international markets, demonstrating our global expansion strategy is proceeding nicely. The Singapore market delivered phenomenal customer growth, serving as a testament to the relevance of our product offering and the opportunity in the retail brokerage market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “We are off to a strong start in 2021 with record new accounts and client balances. Looking ahead, we will continue to expand our product portfolio and enhance our one-stop trading platform to meet investor preferences.”\nSafe Harbor Statement\nThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344050831,"gmtCreate":1618361906223,"gmtModify":1704709635364,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Let's ride on the market!&nbsp;","listText":"Let's ride on the market!&nbsp;","text":"Let's ride on the market!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/344050831","repostId":"1176504888","repostType":4,"isVote":1,"tweetType":1,"viewCount":553,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112481097,"gmtCreate":1622902462819,"gmtModify":1704193147384,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"You may want to have a look on these stocks!&nbsp;","listText":"You may want to have a look on these stocks!&nbsp;","text":"You may want to have a look on these stocks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112481097","repostId":"1119588401","repostType":4,"isVote":1,"tweetType":1,"viewCount":1958,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116764325,"gmtCreate":1622819926567,"gmtModify":1704191928338,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Good to have stock in your portfolio!&nbsp;","listText":"Good to have stock in your portfolio!&nbsp;","text":"Good to have stock in your portfolio!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116764325","repostId":"1154529120","repostType":4,"repost":{"id":"1154529120","kind":"news","pubTimestamp":1622810459,"share":"https://ttm.financial/m/news/1154529120?lang=en_US&edition=fundamental","pubTime":"2021-06-04 20:40","market":"us","language":"en","title":"Can Alibaba Stock Hit $500? If You Got Time, Yes","url":"https://stock-news.laohu8.com/highlight/detail?id=1154529120","media":"seekingalpha","summary":"Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.I believe that there are both opportunities and risks, but would see the prior outweighing the latter.In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:. Alibaba Group'","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.</li>\n <li>I believe that there are both opportunities and risks, but would see the prior outweighing the latter.</li>\n <li>In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/567d19950e6c8789ce2192b4503f0fa5\" tg-width=\"1536\" tg-height=\"653\" referrerpolicy=\"no-referrer\"><span>Photo by efetova/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Alibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.</p>\n<p><b>BABA Stock Price</b></p>\n<p>Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8079eeb5384ea003fb3725d3cd1e877f\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p>\n<p>Shares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a&nbsp;revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.</p>\n<p>Alibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and&nbsp;fears about regulation.</p>\n<p>At its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.</p>\n<p><b>Can Alibaba Stock Hit $500?</b></p>\n<p>The answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.</p>\n<p><i>- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.</i></p>\n<p><i>- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.</i></p>\n<p><i>- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.</i></p>\n<p>We see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd2d42b7094deb394266d6410287c2e4\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p>\n<p>At 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.</p>\n<p>I still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.</p>\n<p>If we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fcf78e0b071eff9753afbdcd96f751c\" tg-width=\"635\" tg-height=\"436\"><span>Data byYCharts</span></p>\n<p>If analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b4c351b4b5eb3328191ccaa9a3b776c\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p>\n<p>Analysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.</p>\n<p>We can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.</p>\n<p>So, to sum this section up, I'd say<i>yes, BABA can hit $500</i>-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.</p>\n<p><b>Is Alibaba Stock A Buy Or Sell Now?</b></p>\n<p>Alibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.</p>\n<p>For those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.</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>Can Alibaba Stock Hit $500? If You Got Time, Yes</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\">\nCan Alibaba Stock Hit $500? If You Got Time, Yes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 20:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432992-alibaba-stock-hit-500><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is a battleground stock where some see a lot of opportunities, while others see many risks.\nI believe that there are both opportunities and risks, but would see the prior outweighing ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4432992-alibaba-stock-hit-500","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154529120","content_text":"Summary\n\nAlibaba is a battleground stock where some see a lot of opportunities, while others see many risks.\nI believe that there are both opportunities and risks, but would see the prior outweighing the latter.\nIn the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.\n\nPhoto by efetova/iStock via Getty Images\nArticle Thesis\nAlibaba Group (BABA) is a leading global high-tech name that continues to generate attractive growth and that offers investors exposure to the high-growth Chinese consumer market. At the same time, through a range of ventures, Alibaba is also active in additional industries, such as cloud computing. Shares have declined considerably over the last couple of months, but I believe that the long-term potential is significant. I would not be surprised to see shares rise towards $500, although that will not happen in the near term.\nBABA Stock Price\nSince its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:\nData byYCharts\nShares are now basically where they were one year ago, as the gains during summer 2020 have been erased when Ant Financial's IPO plans were stopped. The flat share price performance over the last year is somewhat surprising, though, as Alibaba continued to generate strong results in that time frame. During the last quarter, for example, Alibaba showcased a revenue growth rate of 64%, while revenue growth during the previous quarter was also very strong, at around 50%. This is not the only positive in Alibaba's earnings releases, however. The company also managed to grow its user count by 32 million during the most recent quarter alone, which equates to an annualized user growth rate of around 20%. This bodes well for future quarters, as more users on Alibaba's platform should translate into higher revenues. On top of that, the strong user growth shows that there is still growing demand for the shopping services that Alibaba's platforms offer -- the market is not saturated at all. Alibaba also managed to grow its EBITDA by 25% year over year, which is an attractive growth pace as well, and which was achieved despite growing investments in what management calls key growth areas. Income from operations, meanwhile, grew at an even faster pace, thanks to some operating leverage, rising by 48% year over year when adjusted for the fine that Alibaba had to pay during Q1. It makes, I believe, sense to back out this one-time item to get a clearer picture about Alibaba's underlying, \"core\" profitability during an average quarter.\nAlibaba Group's weak share price performance, relative to the broad market and other tech names, is thus not the result of weak operating performance, but rather a result of multiple compression, driven by weak investor sentiment due to China exposure and fears about regulation.\nAt its current price of $220, BABA trades at a quite large discount compared to the current consensus analyst price target of $298. If Alibaba were to hit that, shares would gain 35%. Analyst price targets are usually issued with a 1-year time frame, thus, if the analyst community is correct, Alibaba could be a great investment. From a valuation standpoint, this price target doesn't seem outrageous at all, as $298 would equate to around 29x this year's expected net profits, or 23x next year's net earnings. The latter is likely the more telling one when we talk about a price target for summer 2022, i.e. 1 year from now.\nCan Alibaba Stock Hit $500?\nThe answer to that question, I think, depends on your time frame. If you are looking at a 12-month window, then Alibaba will most likely not be able to hit $500. The ~$300 price target seems achievable, although that is, of course, also not guaranteed. If, however, we take a longer-term view, then $500 seems like a share price that BABA could hit eventually. Let's look at a couple of examples.\n- If Alibaba were to generate earnings per share of $20 at some point and traded at an earnings multiple of 25, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $25 and traded at a 20x earnings multiple, then shares would trade at $500.\n- If Alibaba were to generate earnings per share of $17 and traded at 29x its net profits, then shares would trade at (marginally below) $500.\nWe see that there are many scenarios that could get us to a $500 share price for BABA, some of them more likely than others. Of course, the higher your target multiple, the lower the earnings that would be required. This, in turn, means that the price target can be hit sooner, as less cumulative earnings growth would be required. When we take a look at how Alibaba was valued in the past, we see that the longer-term median earnings multiples for BABA look like this:\nData byYCharts\nAt 30-40x net earnings, Alibaba was clearly trading at a massive premium relative to how shares are valued today (around 20x this year's earnings). I think that the current valuation is too low, but on the other hand, I do not expect Alibaba to trade at 30, 35, or even 40x net profits in coming years. Due to the growing scale of Alibaba, which makes it a little harder to maintain its excellent growth in coming years, shares will likely trade at a lower valuation in coming years, compared to how they were valued in the past.\nI still think that shares do have some valuation expansion potential from the current earnings multiple of around 21, thus let's assume that shares trade at 23x net profits in the future. This would still represent a massive discount versus the historic valuation, and also a substantial discount compared to how US-based high-tech mega-caps are valued -- Amazon (AMZN), for example, trades at 59x this year's earnings.\nIf we want to get to a $500 share price for BABA using a 23x earnings multiple, then we get to earnings per share of $21.70 that Alibaba must generate. When could this be the case? In the following chart, we see EPS estimates for the current year, next year (CY 2022), and CY 2023:\nData byYCharts\nIf analysts are right, Alibaba will not get to earn $22 a share through 2023, and I think that is realistic. I do not see earnings per share rising by 100%+ between this year and 2023, either. From 2023, it would take another 43% increase in Alibaba's earnings per share to get to $21.70, which is our \"target EPS\" for a $500 share price.\nData byYCharts\nAnalysts are currently forecasting long-term EPS growth of around 27%, which would mean it would take Alibaba about 1.5 years to grow its EPS from $15.20 (2023 estimate) to our target of $21.70. Even if we assume that this is too optimistic and that growth will be just 20% in 2024 and 2025, EPS of $21.70 could be hit by the end of 2025. So, in other words, if Alibaba grows a little less than what analysts are forecasting right now, Alibaba could trade at $500 by the end of 2025 -- or 4.5 years from now. Note that this scenario does not require a high earnings multiple at all -- at 23x net profits, Alibaba wouldn't be expensive, I believe.\nWe can get even more conservative and assume that the 2023 EPS estimate is 10% too high and that EPS will grow by just 17% a year in the years beyond 2023 (versus a long-term forecast of 27% a year by the analyst community). In that case, Alibaba would hit $21.70 in earnings per share in 2026, and shares would rise to $500 over the next 5.5 years. Even in this scenario, BABA wouldn't be a bad investment at all -- a 130% share price increase from the current level over the next 5.5 years would equate to annualized returns of 16%.\nSo, to sum this section up, I'd sayyes, BABA can hit $500-- but it will realistically take a couple of years. By the mid-2020s, this seems like a very achievable goal to me, although there are, of course, no guarantees.\nIs Alibaba Stock A Buy Or Sell Now?\nAlibaba Group is, I believe, a strong investment. The company generates strong growth, profits from multiple long-term macro trends, such as growing consumer spending in China, growing e-commerce market share, and cloud computing. There are, however, risks to consider: Alibaba is highly China-dependent, and in case the economic growth story in China ends, Alibaba would be hurt a lot. On top of that, Alibaba could be targeted again by regulators, although I personally think that it is not in China's best interest to hurt one of its highest-growth tech companies.\nFor those that worry about these risks, Alibaba may not be the right choice, but for those that see Alibaba as a potentially very rewarding play on Chinese consumers, BABA could be a strong pick in a diversified portfolio. I belong to the latter group and thus rate the stock a buy at current valuations, expecting significant upside over the coming years. Depending on your risk tolerance and how you weigh the opportunities and threats of investing in Chinese companies, you may decide differently, however.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":1475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113969229,"gmtCreate":1622591148261,"gmtModify":1704186777249,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Things to take note.&nbsp;","listText":"Things to take note.&nbsp;","text":"Things to take note.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113969229","repostId":"2139589924","repostType":4,"isVote":1,"tweetType":1,"viewCount":3096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138085336,"gmtCreate":1621901304625,"gmtModify":1704364013754,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Great information!&nbsp;","listText":"Great information!&nbsp;","text":"Great information!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/138085336","repostId":"1108214541","repostType":4,"isVote":1,"tweetType":1,"viewCount":757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199025151,"gmtCreate":1620657941673,"gmtModify":1704346317455,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Is it good time to top up?&nbsp;","listText":"Is it good time to top up?&nbsp;","text":"Is it good time to top up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199025151","repostId":"1175551541","repostType":4,"repost":{"id":"1175551541","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620655672,"share":"https://ttm.financial/m/news/1175551541?lang=en_US&edition=fundamental","pubTime":"2021-05-10 22:07","market":"us","language":"en","title":"Most of Chinese stocks fell, pinduoduo plunged about 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=1175551541","media":"Tiger Newspress","summary":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interv","content":"<p>(May 10)&nbsp;Most of Chinese stocks fell, pinduodduo plunged about 12%.&nbsp;Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In&nbsp;addition,&nbsp;days&nbsp;ago,&nbsp;Bloomberg&nbsp;said&nbsp;that&nbsp;<a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</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>Most of Chinese stocks fell, pinduoduo plunged about 12%</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\">\nMost of Chinese stocks fell, pinduoduo plunged about 12%\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\">2021-05-10 22:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 10)&nbsp;Most of Chinese stocks fell, pinduodduo plunged about 12%.&nbsp;Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In&nbsp;addition,&nbsp;days&nbsp;ago,&nbsp;Bloomberg&nbsp;said&nbsp;that&nbsp;<a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175551541","content_text":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.In addition, days ago, Bloomberg said that China considers tighter rules for firms listing overseas.China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. Public Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, one of the people said.China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and Alibaba Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, one of the people said.It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.China has already tightened measures for listings on domestic exchanges including Shanghai’s Nasdaq-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348107671,"gmtCreate":1617891949493,"gmtModify":1704704504454,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Great piece of information!&nbsp;","listText":"Great piece of information!&nbsp;","text":"Great piece of information!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/348107671","repostId":"2125770926","repostType":4,"isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110267926,"gmtCreate":1622461501865,"gmtModify":1704184731639,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Thanks for sharing.&nbsp;","listText":"Thanks for sharing.&nbsp;","text":"Thanks for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110267926","repostId":"2139022487","repostType":4,"isVote":1,"tweetType":1,"viewCount":2260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139303020,"gmtCreate":1621588871260,"gmtModify":1704360143546,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Good move!&nbsp;","listText":"Good move!&nbsp;","text":"Good move!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139303020","repostId":"2137903089","repostType":4,"repost":{"id":"2137903089","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":1621586627,"share":"https://ttm.financial/m/news/2137903089?lang=en_US&edition=fundamental","pubTime":"2021-05-21 16:43","market":"fut","language":"en","title":"Hong Kong to restrict crypto exchanges to professional investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2137903089","media":"Reuters","summary":"HONG KONG, May 21 (Reuters) - Cryptocurrency exchanges operating in Hong Kong will have to be licenc","content":"<p>HONG KONG, May 21 (Reuters) - Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city's markets regulator and will only be allowed to provide services to professional investors, according to government proposals to be presented later this year.</p><p>Hong Kong's Financial Services and the Treasury Bureau, which has been consulting the market on changes to rules for crypto exchanges since last year, intends to table the legislation in the upcoming 2021-22 session of the city's legislative assembly, it said in a statement on Friday.</p><p>Governments and financial regulators around the world are still assessing whether and how they should regulate the cryptocurrency industry. Investor protection and preventing money laundering are particular concerns.</p><p>Cryptocurrencies such as bitcoin and ether have been on a roller-coaster ride this week which has raised further questions about their potential as mainstream investments.</p><p>Dozens of cryptocurrency exchanges operate in Hong Kong, including some of the world's largest. The city currently has an \"opt in\" approach under which exchanges can apply to be licenced by markets watchdog the Securities and Futures Commission, but do not have to.</p><p>Hong Kong's Financial Services and the Treasury Bureau <a href=\"https://laohu8.com/S/FSTB\">$(FSTB)$</a> has been consulting the market on changes to those rules since last year.</p><p>The FSTB said on Friday in its consultation conclusions all virtual asset (crypto currency) exchanges should be licensed if they wished to operate in Hong Kong.</p><p>It also said \"confining the services of a VA exchange to professional investors.... is appropriate at least for the initial stage of the licensing regime.\"</p><p>Local financial technology and crypto industry associations have opposed regulation stopping exchanges from offering services to retail investors, warning this could drive exchanges out of Hong Kong and push investors onto unregulated venues.</p><p>According to Hong Kong law, an individual must have a portfolio of HK$8 million ($1.03 million) to count as a professional investor.</p><p>Regulators and governments in Asia have different attitudes to regulating cryptocurrencies and the exchanges on which they are traded.</p><p>Under Singapore's regime, crypto exchanges must be licenced, but can have retail investors as clients. However, China on Tuesday announced a tougher ban on banks and payment companies offering crypto-related services which furthered a selloff that briefly wiped $1 trillion off crypto market capitalisation.</p><p>The FSTB said it intends to propose legislative changes to turn its proposals into law in the upcoming 2021-22 session of the city's legislative assembly.</p><p>($1 = 7.7637 Hong Kong dollars)</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 to restrict crypto exchanges to professional investors</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\">\nHong Kong to restrict crypto exchanges to professional investors\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\">2021-05-21 16:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, May 21 (Reuters) - Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city's markets regulator and will only be allowed to provide services to professional investors, according to government proposals to be presented later this year.</p><p>Hong Kong's Financial Services and the Treasury Bureau, which has been consulting the market on changes to rules for crypto exchanges since last year, intends to table the legislation in the upcoming 2021-22 session of the city's legislative assembly, it said in a statement on Friday.</p><p>Governments and financial regulators around the world are still assessing whether and how they should regulate the cryptocurrency industry. Investor protection and preventing money laundering are particular concerns.</p><p>Cryptocurrencies such as bitcoin and ether have been on a roller-coaster ride this week which has raised further questions about their potential as mainstream investments.</p><p>Dozens of cryptocurrency exchanges operate in Hong Kong, including some of the world's largest. The city currently has an \"opt in\" approach under which exchanges can apply to be licenced by markets watchdog the Securities and Futures Commission, but do not have to.</p><p>Hong Kong's Financial Services and the Treasury Bureau <a href=\"https://laohu8.com/S/FSTB\">$(FSTB)$</a> has been consulting the market on changes to those rules since last year.</p><p>The FSTB said on Friday in its consultation conclusions all virtual asset (crypto currency) exchanges should be licensed if they wished to operate in Hong Kong.</p><p>It also said \"confining the services of a VA exchange to professional investors.... is appropriate at least for the initial stage of the licensing regime.\"</p><p>Local financial technology and crypto industry associations have opposed regulation stopping exchanges from offering services to retail investors, warning this could drive exchanges out of Hong Kong and push investors onto unregulated venues.</p><p>According to Hong Kong law, an individual must have a portfolio of HK$8 million ($1.03 million) to count as a professional investor.</p><p>Regulators and governments in Asia have different attitudes to regulating cryptocurrencies and the exchanges on which they are traded.</p><p>Under Singapore's regime, crypto exchanges must be licenced, but can have retail investors as clients. However, China on Tuesday announced a tougher ban on banks and payment companies offering crypto-related services which furthered a selloff that briefly wiped $1 trillion off crypto market capitalisation.</p><p>The FSTB said it intends to propose legislative changes to turn its proposals into law in the upcoming 2021-22 session of the city's legislative assembly.</p><p>($1 = 7.7637 Hong Kong dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","GBTC":"比特币ETF-Grayscale","HSCEI":"国企指数","HSTECH":"恒生科技指数","HSCCI":"红筹指数","01611":"新火科技控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137903089","content_text":"HONG KONG, May 21 (Reuters) - Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city's markets regulator and will only be allowed to provide services to professional investors, according to government proposals to be presented later this year.Hong Kong's Financial Services and the Treasury Bureau, which has been consulting the market on changes to rules for crypto exchanges since last year, intends to table the legislation in the upcoming 2021-22 session of the city's legislative assembly, it said in a statement on Friday.Governments and financial regulators around the world are still assessing whether and how they should regulate the cryptocurrency industry. Investor protection and preventing money laundering are particular concerns.Cryptocurrencies such as bitcoin and ether have been on a roller-coaster ride this week which has raised further questions about their potential as mainstream investments.Dozens of cryptocurrency exchanges operate in Hong Kong, including some of the world's largest. The city currently has an \"opt in\" approach under which exchanges can apply to be licenced by markets watchdog the Securities and Futures Commission, but do not have to.Hong Kong's Financial Services and the Treasury Bureau $(FSTB)$ has been consulting the market on changes to those rules since last year.The FSTB said on Friday in its consultation conclusions all virtual asset (crypto currency) exchanges should be licensed if they wished to operate in Hong Kong.It also said \"confining the services of a VA exchange to professional investors.... is appropriate at least for the initial stage of the licensing regime.\"Local financial technology and crypto industry associations have opposed regulation stopping exchanges from offering services to retail investors, warning this could drive exchanges out of Hong Kong and push investors onto unregulated venues.According to Hong Kong law, an individual must have a portfolio of HK$8 million ($1.03 million) to count as a professional investor.Regulators and governments in Asia have different attitudes to regulating cryptocurrencies and the exchanges on which they are traded.Under Singapore's regime, crypto exchanges must be licenced, but can have retail investors as clients. However, China on Tuesday announced a tougher ban on banks and payment companies offering crypto-related services which furthered a selloff that briefly wiped $1 trillion off crypto market capitalisation.The FSTB said it intends to propose legislative changes to turn its proposals into law in the upcoming 2021-22 session of the city's legislative assembly.($1 = 7.7637 Hong Kong dollars)","news_type":1,"symbols_score_info":{"HSTECH":0.9,"HSCEI":0.9,"HSCCI":0.9,"BTCmain":0.9,"HSI":0.9,"GBTC":0.9,"XBTmain":0.9,"01611":0.9}},"isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347603745,"gmtCreate":1618490439787,"gmtModify":1704711620087,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Great!&nbsp;","listText":"Great!&nbsp;","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347603745","repostId":"1180793413","repostType":4,"repost":{"id":"1180793413","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618481560,"share":"https://ttm.financial/m/news/1180793413?lang=en_US&edition=fundamental","pubTime":"2021-04-15 18:12","market":"us","language":"en","title":"BofA reports Q1 EPS of $0.86, topping estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180793413","media":"Tiger Newspress","summary":"(April 15) Bank of America reports Q1 EPS of $0.86, up from $0.40 in the year-ago period and above t","content":"<p>(April 15)&nbsp;Bank of America&nbsp;reports Q1 EPS of $0.86, up from $0.40 in the year-ago period and above theconsensusof $0.65.</p><p>The stock is&nbsp;up 1.15%&nbsp;premarket.</p><p><img src=\"https://static.tigerbbs.com/b7f6561001ed6c1bdef9365e1b36fdc0\" tg-width=\"708\" tg-height=\"500\"></p><p>The numbers were reported by Bloomberg much earlier than anticipated and the press release has yet to be posted on BofA's site.</p><p>Equities trading revenue came in at $1.83B, above estimates of $1.64B.</p><p>FICC trading revenue is $3.25B, well ahead of the $2.73B consensus.</p><p>CEO Brian Moynihan says he sees an accelerating recovery and better credit costs, but that low rates continued to pose a challenge to revenue.</p><p>Recovery of credit losses for Q1 was $1.86B vs. an estimated provision $473.5M.</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>BofA reports Q1 EPS of $0.86, topping estimates</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\">\nBofA reports Q1 EPS of $0.86, topping estimates\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\">2021-04-15 18:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15)&nbsp;Bank of America&nbsp;reports Q1 EPS of $0.86, up from $0.40 in the year-ago period and above theconsensusof $0.65.</p><p>The stock is&nbsp;up 1.15%&nbsp;premarket.</p><p><img src=\"https://static.tigerbbs.com/b7f6561001ed6c1bdef9365e1b36fdc0\" tg-width=\"708\" tg-height=\"500\"></p><p>The numbers were reported by Bloomberg much earlier than anticipated and the press release has yet to be posted on BofA's site.</p><p>Equities trading revenue came in at $1.83B, above estimates of $1.64B.</p><p>FICC trading revenue is $3.25B, well ahead of the $2.73B consensus.</p><p>CEO Brian Moynihan says he sees an accelerating recovery and better credit costs, but that low rates continued to pose a challenge to revenue.</p><p>Recovery of credit losses for Q1 was $1.86B vs. an estimated provision $473.5M.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180793413","content_text":"(April 15) Bank of America reports Q1 EPS of $0.86, up from $0.40 in the year-ago period and above theconsensusof $0.65.The stock is up 1.15% premarket.The numbers were reported by Bloomberg much earlier than anticipated and the press release has yet to be posted on BofA's site.Equities trading revenue came in at $1.83B, above estimates of $1.64B.FICC trading revenue is $3.25B, well ahead of the $2.73B consensus.CEO Brian Moynihan says he sees an accelerating recovery and better credit costs, but that low rates continued to pose a challenge to revenue.Recovery of credit losses for Q1 was $1.86B vs. an estimated provision $473.5M.","news_type":1,"symbols_score_info":{"BAC":0.9}},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349487007,"gmtCreate":1617632256209,"gmtModify":1704701150282,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Nice.&nbsp;","listText":"Nice.&nbsp;","text":"Nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349487007","repostId":"1178747724","repostType":4,"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150969840,"gmtCreate":1624882964480,"gmtModify":1703846922048,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Do check out these stocks!&nbsp;","listText":"Do check out these stocks!&nbsp;","text":"Do check out these stocks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150969840","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":2030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118329935,"gmtCreate":1622719940627,"gmtModify":1704189637525,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Have an eye on it ya!&nbsp;","listText":"Have an eye on it ya!&nbsp;","text":"Have an eye on it ya!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118329935","repostId":"1139859065","repostType":4,"isVote":1,"tweetType":1,"viewCount":2282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110768160,"gmtCreate":1622504879250,"gmtModify":1704185136964,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Good to have stock!&nbsp;","listText":"Good to have stock!&nbsp;","text":"Good to have stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110768160","repostId":"2139430866","repostType":4,"isVote":1,"tweetType":1,"viewCount":2053,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136561164,"gmtCreate":1622029247258,"gmtModify":1704178110232,"author":{"id":"3570871195511512","authorId":"3570871195511512","name":"Ash7m","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570871195511512","authorIdStr":"3570871195511512"},"themes":[],"htmlText":"Yes!&nbsp;","listText":"Yes!&nbsp;","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136561164","repostId":"1115191257","repostType":4,"repost":{"id":"1115191257","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622025558,"share":"https://ttm.financial/m/news/1115191257?lang=en_US&edition=fundamental","pubTime":"2021-05-26 18:39","market":"us","language":"en","title":"China's Pinduoduo beats quarterly revenue estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1115191257","media":"Tiger Newspress","summary":"Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesda","content":"<p>Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.</p><p>Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.</p><p>The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.</p><p>Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.</p><p>Pinduoduo&nbsp;stock&nbsp;surged more than 3% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d78d44a7114b62db59be95f65e93e84e\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights</b></p><ul><li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB22,167.1 million&nbsp;(US$13,383.4 million), an increase of 239% from&nbsp;RMB6,541.1 millionin the same quarter of 2020.</li><li><b>Average monthly active users</b>&nbsp;in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.</li><li><b>Active buyers</b>&nbsp;in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.</li><li><b>Operating loss</b>&nbsp;in the quarter was&nbsp;RMB4,147.0 million(US$633.0 million), compared with operating loss of&nbsp;RMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP4&nbsp;operating loss</b>&nbsp;in the quarter wasRMB&nbsp;3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</li><li><b>Net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB2,905.4 million(US$ 443.5 million), compared with&nbsp;RMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</li></ul><p>“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”</p><p>“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”</p><p>“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”</p><p><b>First Quarter 2021 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.</li><li><b>Revenues from transaction services</b>wereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.</li><li><b>Revenues from merchandise sales</b>wereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.</li></ul><p><b>Total costs of revenues</b>wereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.</p><ul><li><b>Sales and marketing expenses</b>wereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.</li><li><b>Research and development expenses</b>wereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP operating loss</b>wasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.</p><p><b>Net cash flow used in operating activities</b>wasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><b>Recent Development</b></p><p>As ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</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's Pinduoduo beats quarterly revenue estimates</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's Pinduoduo beats quarterly revenue estimates\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\">2021-05-26 18:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.</p><p>Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.</p><p>The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.</p><p>Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.</p><p>Pinduoduo&nbsp;stock&nbsp;surged more than 3% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d78d44a7114b62db59be95f65e93e84e\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights</b></p><ul><li><b>Total revenues</b>&nbsp;in the quarter were&nbsp;RMB22,167.1 million&nbsp;(US$13,383.4 million), an increase of 239% from&nbsp;RMB6,541.1 millionin the same quarter of 2020.</li><li><b>Average monthly active users</b>&nbsp;in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.</li><li><b>Active buyers</b>&nbsp;in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.</li><li><b>Operating loss</b>&nbsp;in the quarter was&nbsp;RMB4,147.0 million(US$633.0 million), compared with operating loss of&nbsp;RMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP4&nbsp;operating loss</b>&nbsp;in the quarter wasRMB&nbsp;3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</li><li><b>Net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB2,905.4 million(US$ 443.5 million), compared with&nbsp;RMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>&nbsp;in the quarter was&nbsp;RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</li></ul><p>“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”</p><p>“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”</p><p>“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”</p><p><b>First Quarter 2021 Unaudited Financial Results</b></p><p><b>Total revenues</b>wereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><ul><li><b>Revenues from online marketing services and others</b>wereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.</li><li><b>Revenues from transaction services</b>wereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.</li><li><b>Revenues from merchandise sales</b>wereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.</li></ul><p><b>Total costs of revenues</b>wereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.</p><p><b>Total operating expenses</b>wereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.</p><ul><li><b>Sales and marketing expenses</b>wereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.</li><li><b>Research and development expenses</b>wereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><p><b>Operating loss</b>wasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.<b>Non-GAAP operating loss</b>wasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.</p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.</p><p><b>Basic and diluted net loss per ADS</b>wereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.</p><p><b>Net cash flow used in operating activities</b>wasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.</p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.</p><p><b>Recent Development</b></p><p>As ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115191257","content_text":"Chinese e-commerce platform Pinduoduo Inc's quarterly revenue beat Wall Street estimates on Wednesday, driven by steady demand for online shopping following the COVID-19 pandemic.Total revenue more than tripled to 22.17 billion yuan ($3.47 billion)in the first quarter, boosted by Pinduoduo's online marketing services revenue. Analysts on average had expected revenue of 20.2 billion yuan, according to IBES data from Refinitiv.The interactive buying platform's net loss attributable to shareholders narrowed to 2.91 billion yuan in the quarter ended March 31, from 4.12 billion yuan a year earlier.Active buyers on Pinduoduo in the 12-month period ended March rose 31% to about 824 million, outpacing Alibaba's 811 million.Pinduoduo stock surged more than 3% in premarket trading.First Quarter 2021 HighlightsTotal revenues in the quarter were RMB22,167.1 million (US$13,383.4 million), an increase of 239% from RMB6,541.1 millionin the same quarter of 2020.Average monthly active users in the quarter was 724.6 million, an increase of 49% from 487.4 million in the same quarter of 2020.Active buyers in the twelve-month period endedMarch 31, 2021was 823.8 million, an increase of 31% from 628.1 million in the twelve-month period endedMarch 31, 2020.Operating loss in the quarter was RMB4,147.0 million(US$633.0 million), compared with operating loss of RMB4,397.2 millionin the same quarter of 2020.Non-GAAP4 operating loss in the quarter wasRMB 3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.Net loss attributable to ordinary shareholders in the quarter was RMB2,905.4 million(US$ 443.5 million), compared with RMB4,119.3 millionin the same quarter of 2020.Non-GAAP net loss attributable to ordinary shareholders in the quarter was RMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.“Our growing scale gives us both greater capacity and responsibility to live up to our mission to ‘benefit all’,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo. “We envisionPinduoduoas a platform that not only facilitates the trading of goods and services but also serves as a conduit for turning ideas into solutions to everyday problems.”“We remain laser-focused on serving our users and anticipating what they need, and doing so in a way that is respectful of the community and environment,” added Mr.David Liu, Vice President of Strategy. “We will continue to engage our users, merchants and partners in improving all aspects of our services.”“We continued to deliver strong results in the first quarter and remain disciplined,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues, excluding contribution from merchandise sales, for the first quarter 2021 increased 161% from the prior year, while our non-GAAP operating and net losses narrowed at the same time.”First Quarter 2021 Unaudited Financial ResultsTotal revenueswereRMB22,167.1 million(US$3,383.4 million), an increase of 239% fromRMB6,541.1 millionin the same quarter of 2020. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and otherswereRMB14,111.5 million(US$2,153.8 million), an increase of 157% fromRMB5,492.3 millionin the same quarter of 2020.Revenues from transaction serviceswereRMB2,931.5 million(US$447.4 million), an increase of 180% fromRMB1,048.8 millionin the same quarter of 2020.Revenues from merchandise saleswereRMB5,124.1 million(US$782.1 million), an increase ofRMB5,124.1 millionfrom nil in the same quarter of 2020.Total costs of revenueswereRMB10,746.1 million(US$1,640.2 million), an increase of 487% fromRMB1,830.2 millionin the same quarter of 2020. The increase was mainly due to costs attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, and delivery and storage fees.Total operating expenseswereRMB15,568.0 million(US$2,376.1 million), compared withRMB9,108.0 millionin the same quarter of 2020.Sales and marketing expenseswereRMB12,997.4 million(US$1,983.8 million), an increase of 78% fromRMB7,296.6 millionin the same quarter of 2020, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB351.9 million(US$53.7 million), an increase of 4% fromRMB338.3 millionin the same quarter of 2020.Research and development expenseswereRMB2,218.7 million(US$338.6 million), an increase of 51% fromRMB1,473.2 millionin the same quarter of 2020. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB4,147.0 million(US$633.0 million), compared with operating loss ofRMB4,397.2 millionin the same quarter of 2020.Non-GAAP operating losswasRMB3,174.1 million(US$484.5 million), compared with operating loss ofRMB3,587.9 millionin the same quarter of 2020.Net loss attributable to ordinary shareholderswasRMB2,905.4 million(US$443.5 million), compared withRMB4,119.3 millionin the same quarter of 2020.Non-GAAP net loss attributable to ordinary shareholderswasRMB1,890.3 million(US$288.5 million), compared withRMB3,169.6 millionin the same quarter of 2020.Basic and diluted net loss per ADSwereRMB2.33(US$0.36), compared withRMB3.54in the same quarter of 2020.Non-GAAP basic and diluted net loss per ADSwereRMB1.52(US$0.23), compared withRMB2.73in the same quarter of 2020.Net cash flow used in operating activitieswasRMB3,724.5 million(US$568.5 million), compared withRMB567.1 millionin the same quarter of 2020, primarily due to an increase in restricted cash outflow due to seasonality, offset by increase in online marketing services revenues.Cash, cash equivalents and short-term investmentswereRMB83.4 billion(US$12.7 billion) as ofMarch 31, 2021, compared withRMB87.0 billionas ofDecember 31, 2020.Recent DevelopmentAs ofApril 30, 2021,US$756.4 millionof the 0% convertible bonds due in 2024 have been converted into newly issued ADSs.","news_type":1,"symbols_score_info":{"PDD":0.9}},"isVote":1,"tweetType":1,"viewCount":585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}