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2024-12-27

I think the year is wrongly written.

Crypto Daily | Record-Breaking $14B Bitcoin Options Expiry; KULR Soars 40% After $21M Bitcoin Purchase

2022-10-25

Buy buy buy !

Is NIO Stock A Buy During The Dip? What To Consider

2021-08-11

$Li-Cycle Holdings Corp.(LICY)$HENG ONG HUAT ! ?????? LICY is the Future ! ??????

2021-06-24

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KULR Soars 40% After $21M Bitcoin Purchase","url":"https://stock-news.laohu8.com/highlight/detail?id=1174376705","media":"Tiger Newspress","summary":"Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Rally Fizzles as Token’s Record-Breaking Year Winds Down","content":"<html><head></head><body><p><strong><em>Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.</em></strong></p><h2 id=\"id_2266231118\">Crypto News</h2><h3 id=\"id_529851576\" style=\"text-align: start;\">Bitcoin Rally Fizzles as Token’s Record-Breaking Year Winds Down</h3><p>A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector.</p><p style=\"text-align: start;\">The largest token changed hands at $96,242 as of 2:05 p.m. Friday in Singapore, holding a retreat of 2% from a day earlier. Smaller rivals including Ether and Dogecoin, a favorite of the meme crowd, struggled for traction.</p><p style=\"text-align: start;\">Trump is pushing ahead with a promise to create a crypto-friendly environment in the US and has backed the idea of establishing a national Bitcoin reserve. Traders are waiting to see if such a stockpile is feasible.</p><h3 id=\"id_1205256152\">Strive Files for &#34;Bitcoin Bond&#34; ETF Tied to MicroStrategy Holdings</h3><p>Strive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings.</p><p style=\"text-align: start;\">The Strive Bitcoin Bond ETF will invest at least 80% of its assets in “Bitcoin Bonds” and related derivative instruments, including swaps and options.</p><p>As a non-diversified fund, it can concentrate holdings in single issuers like MicroStrategy and allocate more than 25% of assets to software and technology sector companies.</p><h3 id=\"article-heading_1-0\" style=\"text-align: start;\">KULR Technology Stock Soars to All-Time High After $21M Bitcoin Purchase</h3><p>Shares of <a href=\"https://laohu8.com/S/KULR\">KULR Technology</a> soared 40.4% to close at a record high $4.80 Thursday after the energy storage company made its first investment in bitcoin worth $21 million. </p><p style=\"text-align: start;\">The electric storage solutions provider reported Thursday that it bought 217.18 bitcoins at an average price of $96,556 per bitcoin.</p><p style=\"text-align: start;\">The move comes after the company said earlier this month it was launching a &#34;Bitcoin Treasury&#34; strategy that called for allocating up to 90% of its surplus cash to the digital currency. It said this $21 million purchase marks its first toward that strategy, with plans to buy more bitcoin in the future.</p><h3 id=\"id_1003535314\">Record-Breaking $14B Bitcoin Options Expiry Ahead</h3><p>Around $14 billion worth of Bitcoin options contracts are set to expire on Deribit on December 27. This expiry, representing 44% of the total open interest for Bitcoin options, marks the largest event of its kind on the exchange. Simultaneously, Ethereum (ETH) options worth $3.84 billion will also expire.</p><p style=\"text-align: start;\">Options contracts allow traders to speculate on an asset’s price or hedge against potential losses. This Friday’s settlement could see $4 billion worth of Bitcoin options expire “in the money” (ITM), delivering profits to buyers. However, the potential for market turbulence looms, as traders might roll over or liquidate positions to manage risk.</p><p>Meanwhile, analysts are expecting that open interest could shift to the January 31 and March 28 expiries, setting the stage for fresh market dynamics.</p><h2 id=\"id_1130603688\">Bitcoin Spot ETF Flow</h2><p>The overall net inflow of the US Bitcoin spot ETF on Thursday was $475.15 million. The total net asset value of Bitcoin spot ETFs is $108.24 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 5.72%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8b2dd28cbc80114d78e46be9b5907a3b\" title=\"Source: SoSoValue\" tg-width=\"1781\" tg-height=\"256\"/><span>Source: SoSoValue</span></p><p>The Bitcoin spot ETF with the highest net inflow on December 26 was <a href=\"https://laohu8.com/S/FBTC\">Fidelity Wise Origin Bitcoin Fund</a> (FBTC), with a net inflow of $6.41 million. Following that was <a href=\"https://laohu8.com/S/ARKB\">ARK 21Shares Bitcoin ETF</a> (ARKB), with a net inflow of 186.94 million, according to SoSoValue.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/213125bf92b84e4f2e9203fcb0622ef7\" title=\"Source: SoSoValue\" tg-width=\"1786\" tg-height=\"581\"/><span>Source: SoSoValue</span></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>Crypto Daily | Record-Breaking $14B Bitcoin Options Expiry; KULR Soars 40% After $21M Bitcoin Purchase</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\">\nCrypto Daily | Record-Breaking $14B Bitcoin Options Expiry; KULR Soars 40% After $21M Bitcoin Purchase\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\">2024-12-27 14:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong><em>Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.</em></strong></p><h2 id=\"id_2266231118\">Crypto News</h2><h3 id=\"id_529851576\" style=\"text-align: start;\">Bitcoin Rally Fizzles as Token’s Record-Breaking Year Winds Down</h3><p>A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector.</p><p style=\"text-align: start;\">The largest token changed hands at $96,242 as of 2:05 p.m. Friday in Singapore, holding a retreat of 2% from a day earlier. Smaller rivals including Ether and Dogecoin, a favorite of the meme crowd, struggled for traction.</p><p style=\"text-align: start;\">Trump is pushing ahead with a promise to create a crypto-friendly environment in the US and has backed the idea of establishing a national Bitcoin reserve. Traders are waiting to see if such a stockpile is feasible.</p><h3 id=\"id_1205256152\">Strive Files for &#34;Bitcoin Bond&#34; ETF Tied to MicroStrategy Holdings</h3><p>Strive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings.</p><p style=\"text-align: start;\">The Strive Bitcoin Bond ETF will invest at least 80% of its assets in “Bitcoin Bonds” and related derivative instruments, including swaps and options.</p><p>As a non-diversified fund, it can concentrate holdings in single issuers like MicroStrategy and allocate more than 25% of assets to software and technology sector companies.</p><h3 id=\"article-heading_1-0\" style=\"text-align: start;\">KULR Technology Stock Soars to All-Time High After $21M Bitcoin Purchase</h3><p>Shares of <a href=\"https://laohu8.com/S/KULR\">KULR Technology</a> soared 40.4% to close at a record high $4.80 Thursday after the energy storage company made its first investment in bitcoin worth $21 million. </p><p style=\"text-align: start;\">The electric storage solutions provider reported Thursday that it bought 217.18 bitcoins at an average price of $96,556 per bitcoin.</p><p style=\"text-align: start;\">The move comes after the company said earlier this month it was launching a &#34;Bitcoin Treasury&#34; strategy that called for allocating up to 90% of its surplus cash to the digital currency. It said this $21 million purchase marks its first toward that strategy, with plans to buy more bitcoin in the future.</p><h3 id=\"id_1003535314\">Record-Breaking $14B Bitcoin Options Expiry Ahead</h3><p>Around $14 billion worth of Bitcoin options contracts are set to expire on Deribit on December 27. This expiry, representing 44% of the total open interest for Bitcoin options, marks the largest event of its kind on the exchange. Simultaneously, Ethereum (ETH) options worth $3.84 billion will also expire.</p><p style=\"text-align: start;\">Options contracts allow traders to speculate on an asset’s price or hedge against potential losses. This Friday’s settlement could see $4 billion worth of Bitcoin options expire “in the money” (ITM), delivering profits to buyers. However, the potential for market turbulence looms, as traders might roll over or liquidate positions to manage risk.</p><p>Meanwhile, analysts are expecting that open interest could shift to the January 31 and March 28 expiries, setting the stage for fresh market dynamics.</p><h2 id=\"id_1130603688\">Bitcoin Spot ETF Flow</h2><p>The overall net inflow of the US Bitcoin spot ETF on Thursday was $475.15 million. The total net asset value of Bitcoin spot ETFs is $108.24 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 5.72%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8b2dd28cbc80114d78e46be9b5907a3b\" title=\"Source: SoSoValue\" tg-width=\"1781\" tg-height=\"256\"/><span>Source: SoSoValue</span></p><p>The Bitcoin spot ETF with the highest net inflow on December 26 was <a href=\"https://laohu8.com/S/FBTC\">Fidelity Wise Origin Bitcoin Fund</a> (FBTC), with a net inflow of $6.41 million. Following that was <a href=\"https://laohu8.com/S/ARKB\">ARK 21Shares Bitcoin ETF</a> (ARKB), with a net inflow of 186.94 million, according to SoSoValue.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/213125bf92b84e4f2e9203fcb0622ef7\" title=\"Source: SoSoValue\" tg-width=\"1786\" tg-height=\"581\"/><span>Source: SoSoValue</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"MicroStrategy","KULR":"KULR Technology Group, Inc.","FBTC":"Fidelity Wise Origin Bitcoin Fund","MARA":"MARA Holdings","IBIT":"iShares Bitcoin Trust"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174376705","content_text":"Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Rally Fizzles as Token’s Record-Breaking Year Winds DownA Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector.The largest token changed hands at $96,242 as of 2:05 p.m. Friday in Singapore, holding a retreat of 2% from a day earlier. Smaller rivals including Ether and Dogecoin, a favorite of the meme crowd, struggled for traction.Trump is pushing ahead with a promise to create a crypto-friendly environment in the US and has backed the idea of establishing a national Bitcoin reserve. Traders are waiting to see if such a stockpile is feasible.Strive Files for \"Bitcoin Bond\" ETF Tied to MicroStrategy HoldingsStrive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings.The Strive Bitcoin Bond ETF will invest at least 80% of its assets in “Bitcoin Bonds” and related derivative instruments, including swaps and options.As a non-diversified fund, it can concentrate holdings in single issuers like MicroStrategy and allocate more than 25% of assets to software and technology sector companies.KULR Technology Stock Soars to All-Time High After $21M Bitcoin PurchaseShares of KULR Technology soared 40.4% to close at a record high $4.80 Thursday after the energy storage company made its first investment in bitcoin worth $21 million. The electric storage solutions provider reported Thursday that it bought 217.18 bitcoins at an average price of $96,556 per bitcoin.The move comes after the company said earlier this month it was launching a \"Bitcoin Treasury\" strategy that called for allocating up to 90% of its surplus cash to the digital currency. It said this $21 million purchase marks its first toward that strategy, with plans to buy more bitcoin in the future.Record-Breaking $14B Bitcoin Options Expiry AheadAround $14 billion worth of Bitcoin options contracts are set to expire on Deribit on December 27. This expiry, representing 44% of the total open interest for Bitcoin options, marks the largest event of its kind on the exchange. Simultaneously, Ethereum (ETH) options worth $3.84 billion will also expire.Options contracts allow traders to speculate on an asset’s price or hedge against potential losses. This Friday’s settlement could see $4 billion worth of Bitcoin options expire “in the money” (ITM), delivering profits to buyers. However, the potential for market turbulence looms, as traders might roll over or liquidate positions to manage risk.Meanwhile, analysts are expecting that open interest could shift to the January 31 and March 28 expiries, setting the stage for fresh market dynamics.Bitcoin Spot ETF FlowThe overall net inflow of the US Bitcoin spot ETF on Thursday was $475.15 million. The total net asset value of Bitcoin spot ETFs is $108.24 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 5.72%.Source: SoSoValueThe Bitcoin spot ETF with the highest net inflow on December 26 was Fidelity Wise Origin Bitcoin Fund (FBTC), with a net inflow of $6.41 million. Following that was ARK 21Shares Bitcoin ETF (ARKB), with a net inflow of 186.94 million, according to SoSoValue.Source: SoSoValue","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9988373659,"gmtCreate":1666677847472,"gmtModify":1676537788586,"author":{"id":"3582064417215392","authorId":"3582064417215392","name":"JacquelineS","avatar":"https://static.tigerbbs.com/272c056779c0728d0533c1a020506b5e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582064417215392","authorIdStr":"3582064417215392"},"themes":[],"htmlText":"Buy buy buy !","listText":"Buy buy buy !","text":"Buy buy buy !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988373659","repostId":"1124445589","repostType":2,"repost":{"id":"1124445589","kind":"news","pubTimestamp":1666677047,"share":"https://ttm.financial/m/news/1124445589?lang=&edition=fundamental","pubTime":"2022-10-25 13:50","market":"us","language":"en","title":"Is NIO Stock A Buy During The Dip? What To Consider","url":"https://stock-news.laohu8.com/highlight/detail?id=1124445589","media":"Seeking Alpha","summary":"SummaryNIO has seen its shares slump over the last year.Rising interest rates, supply chain issues, and geopoliticaltensions are to blame.That being said, NIO continues to grow its business and its ex","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>NIO has seen its shares slump over the last year.</li><li>Rising interest rates, supply chain issues, and geopolitical tensions are to blame.</li><li>That being said, NIO continues to grow its business and its expansion to Europe has started.</li></ul><p><b>Article Thesis</b></p><p>NIO Inc. (NYSE:NIO) has, like many other EV stocks, seen its shares decline quite a bit so far this year. This has made the stock a lot cheaper, relative to where NIO traded when its shares hit their highs last year. At the same time, NIO has made some operational progress and started its expansion into Europe. NIO isn&#39;t profitable yet, and thus may not be suitable for risk-averse investors. But its current valuation is not very demanding, and the company&#39;s growth potential is strong.</p><p><b>Why Has NIO&#39;s Price Dipped?</b></p><p>NIO has seen its share price decline by 72% over the last year. More recently, its share price performance has been far from great, too. Over the last month, NIO&#39;s stock price declined by a little over 40%, which destroyed more than $10 billion in market capitalization. There are several factors at play when it comes to explaining NIO&#39;s share price decline.</p><p>First, the company had been trading at a rather high valuation last year, when the market was overly optimistic about EV stocks. NIO, along with stocks such as Tesla (TSLA), Lucid (LCID), Rivian (RIVN), and so on, was trading at a very high valuation back then. Since then, enthusiasm has waned, which is why all of these and many additional EV stocks have performed badly in that time frame, some even worse than NIO.</p><p>Second, rising interest rates are a headwind for companies such as NIO. The company is not profitable yet but has a strong growth outlook, which should allow it to become profitable eventually. All of NIO&#39;s profits thus will be generated years or decades from now. In a zero-interest-rate environment, where discount rates in DCF models are low, these not-yet-profitable long-duration assets may be trading at high valuations. But since interest rates have risen sharply this year, including over the last couple of weeks, discount rates have risen, which has an especially large impact on growth stocks/long-duration assets, whereas less expensive value stocks aren&#39;t impacted as much.</p><p>On top of that, the market has also become more worried about Chinese equities in general, due to geopolitical tensions, and it is nevertheless a macro risk for companies such as NIO. It should be noted that many US-based companies could be highly impacted by growing tensions as well, such as Tesla with its large China footprint, or Apple (AAPL) that generates billions of dollars in revenue in China.</p><p>NIO has also been impacted by some company-specific items, such as its weaker-than-expected growth in recent months. During September, the most recent month we have data for, NIO&#39;s deliveries totaled 10,900 vehicles. That&#39;s just up by 2% year over year. Q3 numbers overall were better, but with a 29% year-over-year growth rate NIO grew less than the overall EV market in China, and it underperformed competitors such as BYD (OTCPK: BYDDY), which delivered growth of close to 200% in the same time frame. NIO&#39;s smaller peers, such as XPeng (XPEV) and Li Auto (LI) also did not grow their sales as much as the market, thus NIO was not the only EV player that saw its sales growth rate dip. Nevertheless, market share losses aren&#39;t positive, and BYD has shown that it was possible for Chinese EV players to grow considerably in recent months.</p><p>NIO&#39;s management has stated that the not overly high delivery growth rate was caused by supply chain issues and that there is not a demand problem. That&#39;s good news, as supply chain issues can and will be solved, especially once COVID measures in China ease. As long as NIO&#39;s brand remains strong and there is demand for its vehicles, the underwhelming deliveries growth rate thus looks like a temporary issue. It&#39;s nevertheless clear that other EV players, mainly BYD, have apparently managed to handle supply chain issues better, which could be due to BYD&#39;s larger size that allows for more experience in sourcing material from different suppliers, etc.</p><p><b>What Is NIO&#39;s Outlook?</b></p><p>As an EV pureplay, NIO&#39;s market potential depends on the ongoing growth of the global EV market. Especially in NIO&#39;s home country, China, where growth has been excellent in the recent past. In China, around 20% of new vehicles are NEVs, or new energy vehicles. This primarily includes EVs (plug-in hybrids and BEVs) while other technologies such as hydrogen play a negligible role for now. With millions of EVs being sold in China alone (in September NEV sales totaled more than 600,000), and with that number growing at a rate of almost 100% year over year, there is a huge and rapidly expanding market opportunity in NIO&#39;s home country - the most important EV market in the world.</p><p>NIO&#39;s vehicles are above-average in price and quality, which is why the company can&#39;t address all parts of the market. But even the premium market it addresses is very large and growing rapidly, showcased, for example, by Tesla&#39;s sales pace. NIO&#39;s production constraints should ease going forward, based on easing supply chain worries that I expect over the next couple of quarters as lockdown measures in China will hopefully wane eventually and since companies adapt to these issues over time.</p><p>NIO is also expanding outside of its home market, China. Recently, the company opened its first battery-swapping station in Germany, which is Europe&#39;s largest automobile market, where other EV companies also see a lot of potential - such as Tesla, which built a Gigafactory there. NIO had already been active in Norway before that, which is usually the first European market EV companies from outside of Europe expand to. Now, NIO is active in several European markets, including the Netherlands, Sweden, and Denmark, on top of the aforementioned Norway and Germany. The first model that was introduced in Europe is the ET7, NIO&#39;s high-end sedan, but NIO will introduce additional models over time. The company plans to build 20 swapping stations in Europe by the end of the year, which will introduce the vast European market to NIO&#39;s unique tech that differentiates it from other EV players where consumers have to accept long charging times, whereas NIO&#39;s battery swaps only require a couple of minutes, thereby providing a clear unique selling point that should be beneficial for NIO&#39;s potential to sell vehicles.</p><p>Between these factors, NIO should be able to grow its business very meaningfully over the next couple of years. Of course, revenues alone do not make a company a great investment, thus NIO will have to prove that it can also generate compelling profits over time. Thanks to the high prices for its vehicles, as it sells to the less price-sensitive premium market, that should be possible, although the exact timing when it will first become profitable is not yet known.</p><p>From a valuation basis, NIO does not look very expensive versus other EV players:</p><p><img src=\"https://static.tigerbbs.com/f2b729bebc2b8e3d904230bbdbf463a4\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>XPeng is less expensive than NIO, but other relevant peers such as Li, Tesla, Lucid, and Rivian are more expensive on a price-to-sales basis. Especially the three US-based peers, which are trading at way higher valuations than NIO, which makes NIO look attractive by comparison.</p><p><b>Is NIO Stock A Buy, Hold, Or Sell?</b></p><p>NIO is battling with some supply chain problems, which is why its growth in recent quarters wasn&#39;t overly strong. Still, NIO hit a new record in Q3, and delivered growth in the 30% range, which is far from bad. With the ongoing expansion in Europe, growth could accelerate going forward, especially when/if China eases its COVID policy.</p><p>From a valuation perspective, NIO looks like one of the better EV players, as it trades at a hefty discount relative to many of its peers. That being said, there are some China-specific risks that investors should consider. If geopolitical tensions escalate further, an investment in Chinese companies such as NIO could be risky, although that would also impact American companies that are reliant on the Chinese market, such as Tesla.</p><p>Overall, NIO has some opportunities, but in the current environment of rising interest rates and macro uncertainties, it is far from a sure bet that NIO will rise in the near term. I thus am neutral when it comes to NIO right now.</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>Is NIO Stock A Buy During The Dip? What To Consider</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\">\nIs NIO Stock A Buy During The Dip? What To Consider\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-25 13:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4548536-is-nio-stock-buy-during-dip><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNIO has seen its shares slump over the last year.Rising interest rates, supply chain issues, and geopolitical tensions are to blame.That being said, NIO continues to grow its business and its ...</p>\n\n<a href=\"https://seekingalpha.com/article/4548536-is-nio-stock-buy-during-dip\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO":"蔚来","NIO.SI":"蔚来"},"source_url":"https://seekingalpha.com/article/4548536-is-nio-stock-buy-during-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124445589","content_text":"SummaryNIO has seen its shares slump over the last year.Rising interest rates, supply chain issues, and geopolitical tensions are to blame.That being said, NIO continues to grow its business and its expansion to Europe has started.Article ThesisNIO Inc. (NYSE:NIO) has, like many other EV stocks, seen its shares decline quite a bit so far this year. This has made the stock a lot cheaper, relative to where NIO traded when its shares hit their highs last year. At the same time, NIO has made some operational progress and started its expansion into Europe. NIO isn't profitable yet, and thus may not be suitable for risk-averse investors. But its current valuation is not very demanding, and the company's growth potential is strong.Why Has NIO's Price Dipped?NIO has seen its share price decline by 72% over the last year. More recently, its share price performance has been far from great, too. Over the last month, NIO's stock price declined by a little over 40%, which destroyed more than $10 billion in market capitalization. There are several factors at play when it comes to explaining NIO's share price decline.First, the company had been trading at a rather high valuation last year, when the market was overly optimistic about EV stocks. NIO, along with stocks such as Tesla (TSLA), Lucid (LCID), Rivian (RIVN), and so on, was trading at a very high valuation back then. Since then, enthusiasm has waned, which is why all of these and many additional EV stocks have performed badly in that time frame, some even worse than NIO.Second, rising interest rates are a headwind for companies such as NIO. The company is not profitable yet but has a strong growth outlook, which should allow it to become profitable eventually. All of NIO's profits thus will be generated years or decades from now. In a zero-interest-rate environment, where discount rates in DCF models are low, these not-yet-profitable long-duration assets may be trading at high valuations. But since interest rates have risen sharply this year, including over the last couple of weeks, discount rates have risen, which has an especially large impact on growth stocks/long-duration assets, whereas less expensive value stocks aren't impacted as much.On top of that, the market has also become more worried about Chinese equities in general, due to geopolitical tensions, and it is nevertheless a macro risk for companies such as NIO. It should be noted that many US-based companies could be highly impacted by growing tensions as well, such as Tesla with its large China footprint, or Apple (AAPL) that generates billions of dollars in revenue in China.NIO has also been impacted by some company-specific items, such as its weaker-than-expected growth in recent months. During September, the most recent month we have data for, NIO's deliveries totaled 10,900 vehicles. That's just up by 2% year over year. Q3 numbers overall were better, but with a 29% year-over-year growth rate NIO grew less than the overall EV market in China, and it underperformed competitors such as BYD (OTCPK: BYDDY), which delivered growth of close to 200% in the same time frame. NIO's smaller peers, such as XPeng (XPEV) and Li Auto (LI) also did not grow their sales as much as the market, thus NIO was not the only EV player that saw its sales growth rate dip. Nevertheless, market share losses aren't positive, and BYD has shown that it was possible for Chinese EV players to grow considerably in recent months.NIO's management has stated that the not overly high delivery growth rate was caused by supply chain issues and that there is not a demand problem. That's good news, as supply chain issues can and will be solved, especially once COVID measures in China ease. As long as NIO's brand remains strong and there is demand for its vehicles, the underwhelming deliveries growth rate thus looks like a temporary issue. It's nevertheless clear that other EV players, mainly BYD, have apparently managed to handle supply chain issues better, which could be due to BYD's larger size that allows for more experience in sourcing material from different suppliers, etc.What Is NIO's Outlook?As an EV pureplay, NIO's market potential depends on the ongoing growth of the global EV market. Especially in NIO's home country, China, where growth has been excellent in the recent past. In China, around 20% of new vehicles are NEVs, or new energy vehicles. This primarily includes EVs (plug-in hybrids and BEVs) while other technologies such as hydrogen play a negligible role for now. With millions of EVs being sold in China alone (in September NEV sales totaled more than 600,000), and with that number growing at a rate of almost 100% year over year, there is a huge and rapidly expanding market opportunity in NIO's home country - the most important EV market in the world.NIO's vehicles are above-average in price and quality, which is why the company can't address all parts of the market. But even the premium market it addresses is very large and growing rapidly, showcased, for example, by Tesla's sales pace. NIO's production constraints should ease going forward, based on easing supply chain worries that I expect over the next couple of quarters as lockdown measures in China will hopefully wane eventually and since companies adapt to these issues over time.NIO is also expanding outside of its home market, China. Recently, the company opened its first battery-swapping station in Germany, which is Europe's largest automobile market, where other EV companies also see a lot of potential - such as Tesla, which built a Gigafactory there. NIO had already been active in Norway before that, which is usually the first European market EV companies from outside of Europe expand to. Now, NIO is active in several European markets, including the Netherlands, Sweden, and Denmark, on top of the aforementioned Norway and Germany. The first model that was introduced in Europe is the ET7, NIO's high-end sedan, but NIO will introduce additional models over time. The company plans to build 20 swapping stations in Europe by the end of the year, which will introduce the vast European market to NIO's unique tech that differentiates it from other EV players where consumers have to accept long charging times, whereas NIO's battery swaps only require a couple of minutes, thereby providing a clear unique selling point that should be beneficial for NIO's potential to sell vehicles.Between these factors, NIO should be able to grow its business very meaningfully over the next couple of years. Of course, revenues alone do not make a company a great investment, thus NIO will have to prove that it can also generate compelling profits over time. Thanks to the high prices for its vehicles, as it sells to the less price-sensitive premium market, that should be possible, although the exact timing when it will first become profitable is not yet known.From a valuation basis, NIO does not look very expensive versus other EV players:Data by YChartsXPeng is less expensive than NIO, but other relevant peers such as Li, Tesla, Lucid, and Rivian are more expensive on a price-to-sales basis. Especially the three US-based peers, which are trading at way higher valuations than NIO, which makes NIO look attractive by comparison.Is NIO Stock A Buy, Hold, Or Sell?NIO is battling with some supply chain problems, which is why its growth in recent quarters wasn't overly strong. Still, NIO hit a new record in Q3, and delivered growth in the 30% range, which is far from bad. With the ongoing expansion in Europe, growth could accelerate going forward, especially when/if China eases its COVID policy.From a valuation perspective, NIO looks like one of the better EV players, as it trades at a hefty discount relative to many of its peers. That being said, there are some China-specific risks that investors should consider. If geopolitical tensions escalate further, an investment in Chinese companies such as NIO could be risky, although that would also impact American companies that are reliant on the Chinese market, such as Tesla.Overall, NIO has some opportunities, but in the current environment of rising interest rates and macro uncertainties, it is far from a sure bet that NIO will rise in the near term. I thus am neutral when it comes to NIO right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892772228,"gmtCreate":1628691914064,"gmtModify":1676529823685,"author":{"id":"3582064417215392","authorId":"3582064417215392","name":"JacquelineS","avatar":"https://static.tigerbbs.com/272c056779c0728d0533c1a020506b5e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582064417215392","authorIdStr":"3582064417215392"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LICY\">$Li-Cycle Holdings Corp.(LICY)$</a>HENG ONG HUAT ! ?????? LICY is the Future ! ??????","listText":"<a href=\"https://laohu8.com/S/LICY\">$Li-Cycle Holdings Corp.(LICY)$</a>HENG ONG HUAT ! ?????? LICY is the Future ! ??????","text":"$Li-Cycle Holdings Corp.(LICY)$HENG ONG HUAT ! ?????? LICY is the Future ! ??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/892772228","isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121507358,"gmtCreate":1624470148974,"gmtModify":1703837791459,"author":{"id":"3582064417215392","authorId":"3582064417215392","name":"JacquelineS","avatar":"https://static.tigerbbs.com/272c056779c0728d0533c1a020506b5e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582064417215392","authorIdStr":"3582064417215392"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121507358","repostId":"2145013392","repostType":2,"isVote":1,"tweetType":1,"viewCount":615,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":892772228,"gmtCreate":1628691914064,"gmtModify":1676529823685,"author":{"id":"3582064417215392","authorId":"3582064417215392","name":"JacquelineS","avatar":"https://static.tigerbbs.com/272c056779c0728d0533c1a020506b5e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582064417215392","authorIdStr":"3582064417215392"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LICY\">$Li-Cycle Holdings Corp.(LICY)$</a>HENG ONG HUAT ! ?????? LICY is the Future ! ??????","listText":"<a href=\"https://laohu8.com/S/LICY\">$Li-Cycle Holdings Corp.(LICY)$</a>HENG ONG HUAT ! ?????? LICY is the Future ! ??????","text":"$Li-Cycle Holdings Corp.(LICY)$HENG ONG HUAT ! ?????? LICY is the Future ! ??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/892772228","isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386008993665520,"gmtCreate":1735281121370,"gmtModify":1735282057647,"author":{"id":"3582064417215392","authorId":"3582064417215392","name":"JacquelineS","avatar":"https://static.tigerbbs.com/272c056779c0728d0533c1a020506b5e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582064417215392","authorIdStr":"3582064417215392"},"themes":[],"htmlText":"I think the year is wrongly written.","listText":"I think the year is wrongly written.","text":"I think the year is wrongly written.","images":[{"img":"https://community-static.tradeup.com/news/1a46411b0788712bcc29317b76357cb5"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386008993665520","repostId":"1174376705","repostType":2,"repost":{"id":"1174376705","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":1735279608,"share":"https://ttm.financial/m/news/1174376705?lang=&edition=fundamental","pubTime":"2024-12-27 14:06","market":"us","language":"en","title":"Crypto Daily | Record-Breaking $14B Bitcoin Options Expiry; KULR Soars 40% After $21M Bitcoin Purchase","url":"https://stock-news.laohu8.com/highlight/detail?id=1174376705","media":"Tiger Newspress","summary":"Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Rally Fizzles as Token’s Record-Breaking Year Winds Down","content":"<html><head></head><body><p><strong><em>Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.</em></strong></p><h2 id=\"id_2266231118\">Crypto News</h2><h3 id=\"id_529851576\" style=\"text-align: start;\">Bitcoin Rally Fizzles as Token’s Record-Breaking Year Winds Down</h3><p>A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector.</p><p style=\"text-align: start;\">The largest token changed hands at $96,242 as of 2:05 p.m. Friday in Singapore, holding a retreat of 2% from a day earlier. Smaller rivals including Ether and Dogecoin, a favorite of the meme crowd, struggled for traction.</p><p style=\"text-align: start;\">Trump is pushing ahead with a promise to create a crypto-friendly environment in the US and has backed the idea of establishing a national Bitcoin reserve. Traders are waiting to see if such a stockpile is feasible.</p><h3 id=\"id_1205256152\">Strive Files for &#34;Bitcoin Bond&#34; ETF Tied to MicroStrategy Holdings</h3><p>Strive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings.</p><p style=\"text-align: start;\">The Strive Bitcoin Bond ETF will invest at least 80% of its assets in “Bitcoin Bonds” and related derivative instruments, including swaps and options.</p><p>As a non-diversified fund, it can concentrate holdings in single issuers like MicroStrategy and allocate more than 25% of assets to software and technology sector companies.</p><h3 id=\"article-heading_1-0\" style=\"text-align: start;\">KULR Technology Stock Soars to All-Time High After $21M Bitcoin Purchase</h3><p>Shares of <a href=\"https://laohu8.com/S/KULR\">KULR Technology</a> soared 40.4% to close at a record high $4.80 Thursday after the energy storage company made its first investment in bitcoin worth $21 million. </p><p style=\"text-align: start;\">The electric storage solutions provider reported Thursday that it bought 217.18 bitcoins at an average price of $96,556 per bitcoin.</p><p style=\"text-align: start;\">The move comes after the company said earlier this month it was launching a &#34;Bitcoin Treasury&#34; strategy that called for allocating up to 90% of its surplus cash to the digital currency. It said this $21 million purchase marks its first toward that strategy, with plans to buy more bitcoin in the future.</p><h3 id=\"id_1003535314\">Record-Breaking $14B Bitcoin Options Expiry Ahead</h3><p>Around $14 billion worth of Bitcoin options contracts are set to expire on Deribit on December 27. This expiry, representing 44% of the total open interest for Bitcoin options, marks the largest event of its kind on the exchange. Simultaneously, Ethereum (ETH) options worth $3.84 billion will also expire.</p><p style=\"text-align: start;\">Options contracts allow traders to speculate on an asset’s price or hedge against potential losses. This Friday’s settlement could see $4 billion worth of Bitcoin options expire “in the money” (ITM), delivering profits to buyers. However, the potential for market turbulence looms, as traders might roll over or liquidate positions to manage risk.</p><p>Meanwhile, analysts are expecting that open interest could shift to the January 31 and March 28 expiries, setting the stage for fresh market dynamics.</p><h2 id=\"id_1130603688\">Bitcoin Spot ETF Flow</h2><p>The overall net inflow of the US Bitcoin spot ETF on Thursday was $475.15 million. The total net asset value of Bitcoin spot ETFs is $108.24 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 5.72%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8b2dd28cbc80114d78e46be9b5907a3b\" title=\"Source: SoSoValue\" tg-width=\"1781\" tg-height=\"256\"/><span>Source: SoSoValue</span></p><p>The Bitcoin spot ETF with the highest net inflow on December 26 was <a href=\"https://laohu8.com/S/FBTC\">Fidelity Wise Origin Bitcoin Fund</a> (FBTC), with a net inflow of $6.41 million. Following that was <a href=\"https://laohu8.com/S/ARKB\">ARK 21Shares Bitcoin ETF</a> (ARKB), with a net inflow of 186.94 million, according to SoSoValue.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/213125bf92b84e4f2e9203fcb0622ef7\" title=\"Source: SoSoValue\" tg-width=\"1786\" tg-height=\"581\"/><span>Source: SoSoValue</span></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>Crypto Daily | Record-Breaking $14B Bitcoin Options Expiry; KULR Soars 40% After $21M Bitcoin Purchase</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\">\nCrypto Daily | Record-Breaking $14B Bitcoin Options Expiry; KULR Soars 40% After $21M Bitcoin Purchase\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\">2024-12-27 14:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong><em>Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.</em></strong></p><h2 id=\"id_2266231118\">Crypto News</h2><h3 id=\"id_529851576\" style=\"text-align: start;\">Bitcoin Rally Fizzles as Token’s Record-Breaking Year Winds Down</h3><p>A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector.</p><p style=\"text-align: start;\">The largest token changed hands at $96,242 as of 2:05 p.m. Friday in Singapore, holding a retreat of 2% from a day earlier. Smaller rivals including Ether and Dogecoin, a favorite of the meme crowd, struggled for traction.</p><p style=\"text-align: start;\">Trump is pushing ahead with a promise to create a crypto-friendly environment in the US and has backed the idea of establishing a national Bitcoin reserve. Traders are waiting to see if such a stockpile is feasible.</p><h3 id=\"id_1205256152\">Strive Files for &#34;Bitcoin Bond&#34; ETF Tied to MicroStrategy Holdings</h3><p>Strive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings.</p><p style=\"text-align: start;\">The Strive Bitcoin Bond ETF will invest at least 80% of its assets in “Bitcoin Bonds” and related derivative instruments, including swaps and options.</p><p>As a non-diversified fund, it can concentrate holdings in single issuers like MicroStrategy and allocate more than 25% of assets to software and technology sector companies.</p><h3 id=\"article-heading_1-0\" style=\"text-align: start;\">KULR Technology Stock Soars to All-Time High After $21M Bitcoin Purchase</h3><p>Shares of <a href=\"https://laohu8.com/S/KULR\">KULR Technology</a> soared 40.4% to close at a record high $4.80 Thursday after the energy storage company made its first investment in bitcoin worth $21 million. </p><p style=\"text-align: start;\">The electric storage solutions provider reported Thursday that it bought 217.18 bitcoins at an average price of $96,556 per bitcoin.</p><p style=\"text-align: start;\">The move comes after the company said earlier this month it was launching a &#34;Bitcoin Treasury&#34; strategy that called for allocating up to 90% of its surplus cash to the digital currency. It said this $21 million purchase marks its first toward that strategy, with plans to buy more bitcoin in the future.</p><h3 id=\"id_1003535314\">Record-Breaking $14B Bitcoin Options Expiry Ahead</h3><p>Around $14 billion worth of Bitcoin options contracts are set to expire on Deribit on December 27. This expiry, representing 44% of the total open interest for Bitcoin options, marks the largest event of its kind on the exchange. Simultaneously, Ethereum (ETH) options worth $3.84 billion will also expire.</p><p style=\"text-align: start;\">Options contracts allow traders to speculate on an asset’s price or hedge against potential losses. This Friday’s settlement could see $4 billion worth of Bitcoin options expire “in the money” (ITM), delivering profits to buyers. However, the potential for market turbulence looms, as traders might roll over or liquidate positions to manage risk.</p><p>Meanwhile, analysts are expecting that open interest could shift to the January 31 and March 28 expiries, setting the stage for fresh market dynamics.</p><h2 id=\"id_1130603688\">Bitcoin Spot ETF Flow</h2><p>The overall net inflow of the US Bitcoin spot ETF on Thursday was $475.15 million. The total net asset value of Bitcoin spot ETFs is $108.24 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 5.72%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8b2dd28cbc80114d78e46be9b5907a3b\" title=\"Source: SoSoValue\" tg-width=\"1781\" tg-height=\"256\"/><span>Source: SoSoValue</span></p><p>The Bitcoin spot ETF with the highest net inflow on December 26 was <a href=\"https://laohu8.com/S/FBTC\">Fidelity Wise Origin Bitcoin Fund</a> (FBTC), with a net inflow of $6.41 million. Following that was <a href=\"https://laohu8.com/S/ARKB\">ARK 21Shares Bitcoin ETF</a> (ARKB), with a net inflow of 186.94 million, according to SoSoValue.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/213125bf92b84e4f2e9203fcb0622ef7\" title=\"Source: SoSoValue\" tg-width=\"1786\" tg-height=\"581\"/><span>Source: SoSoValue</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"MicroStrategy","KULR":"KULR Technology Group, Inc.","FBTC":"Fidelity Wise Origin Bitcoin Fund","MARA":"MARA Holdings","IBIT":"iShares Bitcoin Trust"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174376705","content_text":"Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Rally Fizzles as Token’s Record-Breaking Year Winds DownA Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector.The largest token changed hands at $96,242 as of 2:05 p.m. Friday in Singapore, holding a retreat of 2% from a day earlier. Smaller rivals including Ether and Dogecoin, a favorite of the meme crowd, struggled for traction.Trump is pushing ahead with a promise to create a crypto-friendly environment in the US and has backed the idea of establishing a national Bitcoin reserve. Traders are waiting to see if such a stockpile is feasible.Strive Files for \"Bitcoin Bond\" ETF Tied to MicroStrategy HoldingsStrive Asset Management is launching a new ETF that will provide exposure to Bitcoin through convertible securities, primarily focusing on MicroStrategy’s holdings.The Strive Bitcoin Bond ETF will invest at least 80% of its assets in “Bitcoin Bonds” and related derivative instruments, including swaps and options.As a non-diversified fund, it can concentrate holdings in single issuers like MicroStrategy and allocate more than 25% of assets to software and technology sector companies.KULR Technology Stock Soars to All-Time High After $21M Bitcoin PurchaseShares of KULR Technology soared 40.4% to close at a record high $4.80 Thursday after the energy storage company made its first investment in bitcoin worth $21 million. The electric storage solutions provider reported Thursday that it bought 217.18 bitcoins at an average price of $96,556 per bitcoin.The move comes after the company said earlier this month it was launching a \"Bitcoin Treasury\" strategy that called for allocating up to 90% of its surplus cash to the digital currency. It said this $21 million purchase marks its first toward that strategy, with plans to buy more bitcoin in the future.Record-Breaking $14B Bitcoin Options Expiry AheadAround $14 billion worth of Bitcoin options contracts are set to expire on Deribit on December 27. This expiry, representing 44% of the total open interest for Bitcoin options, marks the largest event of its kind on the exchange. Simultaneously, Ethereum (ETH) options worth $3.84 billion will also expire.Options contracts allow traders to speculate on an asset’s price or hedge against potential losses. This Friday’s settlement could see $4 billion worth of Bitcoin options expire “in the money” (ITM), delivering profits to buyers. However, the potential for market turbulence looms, as traders might roll over or liquidate positions to manage risk.Meanwhile, analysts are expecting that open interest could shift to the January 31 and March 28 expiries, setting the stage for fresh market dynamics.Bitcoin Spot ETF FlowThe overall net inflow of the US Bitcoin spot ETF on Thursday was $475.15 million. The total net asset value of Bitcoin spot ETFs is $108.24 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 5.72%.Source: SoSoValueThe Bitcoin spot ETF with the highest net inflow on December 26 was Fidelity Wise Origin Bitcoin Fund (FBTC), with a net inflow of $6.41 million. Following that was ARK 21Shares Bitcoin ETF (ARKB), with a net inflow of 186.94 million, according to SoSoValue.Source: SoSoValue","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":121507358,"gmtCreate":1624470148974,"gmtModify":1703837791459,"author":{"id":"3582064417215392","authorId":"3582064417215392","name":"JacquelineS","avatar":"https://static.tigerbbs.com/272c056779c0728d0533c1a020506b5e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582064417215392","authorIdStr":"3582064417215392"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121507358","repostId":"2145013392","repostType":2,"repost":{"id":"2145013392","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":1624469458,"share":"https://ttm.financial/m/news/2145013392?lang=&edition=fundamental","pubTime":"2021-06-24 01:30","market":"hk","language":"en","title":"UPDATE 10-Hong Kong's pro-democracy Apple Daily signs off in \"painful farewell\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2145013392","media":"Reuters","summary":"* Apple Daily prints last edition   * Closure comes after offices raided, five executives arrested  ","content":"<html><body><p>* Apple Daily prints last edition</p><p>   * Closure comes after offices raided, five executives arrested</p><p>   * Assets of companies related to newspaper frozen by authorities</p><p>   * Newspaper owner and critic of Beijing Jimmy Lai in jail</p><p> (Updates with last edition being published)</p><p>   By Sharon Abratique and Jessie Pang</p><p>   HONG KONG, June 24 (Reuters) - Hong Kong's most vocal pro-democracy newspaper, Apple Daily, printed its last edition on Thursday after a stormy year in which its tycoon owner and other staff were arrested under a new national security law, and its assets were frozen.</p><p>   The closure of the popular tabloid, which mixes pro-democracy views with celebrity gossip and investigations of those in power, marks the end of an era for media freedom in the Chinese-ruled city, critics say.</p><p>   \"Thank you to all readers, subscribers, ad clients and Hong Kongers for 26 years of immense love and support. Here we say goodbye, take care of yourselves,\" the paper said in an online article.</p><p>   Hundreds of supporters gathered outside Apple Daily's building on Wednesday night to show support, sometimes in heavy rain, and waved smartphone lights. Journalists came out onto the balcony and responded with their own phones.</p><p>   The last front page carried a photograph of a member of staff waving at supporters, with the headline \"Hong Kongers bid a painful farewell in the rain\".</p><p>   A Reuters reporter present in the Apple Daily newsroom saw dozens of journalists break into applause once the final edition was sent to press, and some in tears.</p><p>   Reporter Alvin Chan went outside to distribute free copies to the supporters, saying: \"I hope everyone can ... continue to believe in our values.\"</p><p>   The paper, whose online version will also stop updating, said it was printing a million copies of its last edition - more than 10 times its normal print run. </p><p>   Shortly after midnight, some news stands waiting for delivery already had hundreds of people queueing.</p><p>   Apple Daily's support for democratic rights and freedoms has made it a thorn in Beijing's side since owner Jimmy Lai, a self-made tycoon who was smuggled from mainland China into Hong Kong on a fishing boat at the age of 12, started it in 1995. </p><p>   It shook up the region's Chinese-language media landscape and became a champion of democracy on the margins of Communist China. Its demise leaves only a handful of small online outlets on that side of politics, including Stand News and Citizen News.</p><p>   Staff unions at Citizen News and six other media groups said they would wear black on Thursday in protest at what they described as \"the government’s blow against freedom of the press\".  Management at Citizen News and Stand News could not be reached for comment.</p><p>   CHALLENGE TO BEIJING</p><p>   Apple Daily's supporters championed it as a beacon of media freedom in the Chinese-speaking world. It repeatedly challenged Beijing's authoritarianism and was read by dissidents and a more liberal Chinese diaspora.</p><p>   Lai, whose assets have been frozen, has been in jail since December on charges, stemming from pro-democracy protests, of taking part in unauthorised assemblies.</p><p>   Some rights groups, media organisations and Western governments have criticised the action against the newspaper.</p><p>   Hong Kong leader Carrie Lam said on Tuesday that criticism of the raid on the newspaper amounted to attempts to \"beautify\" acts that endangered national security. Chinese officials have denounced the criticism as interference.</p><p>   Hong Kong and mainland officials have repeatedly said that media freedoms are respected but are not absolute.</p><p>   Apple Daily, which was published by Next Digital    and employed hundreds of journalists, said in its online article that the decision to close was \"based on employee safety and manpower considerations\". </p><p>   Since being raided by police, the newspaper says it has suffered mass resignations and entire departments have had to close. </p><p>   Last week, the assets of companies linked to the newspaper were frozen and five executives were arrested. On Wednesday, police arrested a columnist on suspicion of conspiring to collude with foreign forces.</p><p>   Apple Daily and Next Digital management could not be reached to comment further.    </p><p>   In an interview with Reuters, an adviser to Lai said on Monday that the paper would close \"in a matter of days\".</p><p>   The paper's newsroom was raided by about 200 police last August, when Lai was arrested on suspicion of colluding with foreign forces, and again last week, by 500 police, when the other executives were detained.</p><p>   INCREASED PRINT RUN</p><p>   On both occasions, the paper said it had increased its print run to 500,000 the following day from the usual 80,000, and residents of the city of 7.5 million snapped it up before dawn. </p><p>   The police action was the most direct attack on Hong Kong's freewheeling media since Beijing regained control of the city in 1997. </p><p>   Authorities in Hong Kong have said the moves against Apple Daily were not targeting the media industry or press freedom. </p><p>   The security law imposed on the city last year was Beijing's first major move to put Hong Kong on a more authoritarian path. </p><p>   Lam and other pro-Beijing officials have said it has restored stability after months of often-violent pro-democracy protests. </p><p>   The Taiwan arm of Apple Daily said it would continue to publish online, as its finances are independent.  </p><p>   Apple Daily has come under increasing pressure since Lai was arrested last year under the security legislation.</p><p>   Authorities have said dozens of Apple Daily articles may have violated the security law, the first instance of authorities taking aim at media reports under the legislation.</p><p>   Next Digital has been kept afloat by loans from Lai. In May, Reuters reported exclusively that Hong Kong’s security chief had sent letters to branches of HSBC    and Citibank    threatening up to seven years’ jail for any dealings with the billionaire's accounts in the city.</p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ What you need to know about Hong Kong's national security law   </p><p> Pro-Beijing media in Hong Kong denounce 'traitor' Jimmy Lai   </p><p> QUOTES-What people are saying about closure of Hong Kong's Apple Daily      TIMELINE-The rise and fall of HK's Apple Daily and media magnate Jimmy Lai     </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Additional reporting by Pak Yiu, Yoyo Chow, Sara Cheng, Twinnie Siu, Clare Jim; Writing by Marius Zaharia; Editing by Gerry Doyle, Robert Birsel, Giles Elgood and Kevin Liffey)</p><p>((marius.zaharia@thomsonreuters.com; +852 2843 6358;))</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>UPDATE 10-Hong Kong's pro-democracy Apple Daily signs off in \"painful farewell\"</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\">\nUPDATE 10-Hong Kong's pro-democracy Apple Daily signs off in \"painful farewell\"\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\">2021-06-24 01:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Apple Daily prints last edition</p><p>   * Closure comes after offices raided, five executives arrested</p><p>   * Assets of companies related to newspaper frozen by authorities</p><p>   * Newspaper owner and critic of Beijing Jimmy Lai in jail</p><p> (Updates with last edition being published)</p><p>   By Sharon Abratique and Jessie Pang</p><p>   HONG KONG, June 24 (Reuters) - Hong Kong's most vocal pro-democracy newspaper, Apple Daily, printed its last edition on Thursday after a stormy year in which its tycoon owner and other staff were arrested under a new national security law, and its assets were frozen.</p><p>   The closure of the popular tabloid, which mixes pro-democracy views with celebrity gossip and investigations of those in power, marks the end of an era for media freedom in the Chinese-ruled city, critics say.</p><p>   \"Thank you to all readers, subscribers, ad clients and Hong Kongers for 26 years of immense love and support. Here we say goodbye, take care of yourselves,\" the paper said in an online article.</p><p>   Hundreds of supporters gathered outside Apple Daily's building on Wednesday night to show support, sometimes in heavy rain, and waved smartphone lights. Journalists came out onto the balcony and responded with their own phones.</p><p>   The last front page carried a photograph of a member of staff waving at supporters, with the headline \"Hong Kongers bid a painful farewell in the rain\".</p><p>   A Reuters reporter present in the Apple Daily newsroom saw dozens of journalists break into applause once the final edition was sent to press, and some in tears.</p><p>   Reporter Alvin Chan went outside to distribute free copies to the supporters, saying: \"I hope everyone can ... continue to believe in our values.\"</p><p>   The paper, whose online version will also stop updating, said it was printing a million copies of its last edition - more than 10 times its normal print run. </p><p>   Shortly after midnight, some news stands waiting for delivery already had hundreds of people queueing.</p><p>   Apple Daily's support for democratic rights and freedoms has made it a thorn in Beijing's side since owner Jimmy Lai, a self-made tycoon who was smuggled from mainland China into Hong Kong on a fishing boat at the age of 12, started it in 1995. </p><p>   It shook up the region's Chinese-language media landscape and became a champion of democracy on the margins of Communist China. Its demise leaves only a handful of small online outlets on that side of politics, including Stand News and Citizen News.</p><p>   Staff unions at Citizen News and six other media groups said they would wear black on Thursday in protest at what they described as \"the government’s blow against freedom of the press\".  Management at Citizen News and Stand News could not be reached for comment.</p><p>   CHALLENGE TO BEIJING</p><p>   Apple Daily's supporters championed it as a beacon of media freedom in the Chinese-speaking world. It repeatedly challenged Beijing's authoritarianism and was read by dissidents and a more liberal Chinese diaspora.</p><p>   Lai, whose assets have been frozen, has been in jail since December on charges, stemming from pro-democracy protests, of taking part in unauthorised assemblies.</p><p>   Some rights groups, media organisations and Western governments have criticised the action against the newspaper.</p><p>   Hong Kong leader Carrie Lam said on Tuesday that criticism of the raid on the newspaper amounted to attempts to \"beautify\" acts that endangered national security. Chinese officials have denounced the criticism as interference.</p><p>   Hong Kong and mainland officials have repeatedly said that media freedoms are respected but are not absolute.</p><p>   Apple Daily, which was published by Next Digital    and employed hundreds of journalists, said in its online article that the decision to close was \"based on employee safety and manpower considerations\". </p><p>   Since being raided by police, the newspaper says it has suffered mass resignations and entire departments have had to close. </p><p>   Last week, the assets of companies linked to the newspaper were frozen and five executives were arrested. On Wednesday, police arrested a columnist on suspicion of conspiring to collude with foreign forces.</p><p>   Apple Daily and Next Digital management could not be reached to comment further.    </p><p>   In an interview with Reuters, an adviser to Lai said on Monday that the paper would close \"in a matter of days\".</p><p>   The paper's newsroom was raided by about 200 police last August, when Lai was arrested on suspicion of colluding with foreign forces, and again last week, by 500 police, when the other executives were detained.</p><p>   INCREASED PRINT RUN</p><p>   On both occasions, the paper said it had increased its print run to 500,000 the following day from the usual 80,000, and residents of the city of 7.5 million snapped it up before dawn. </p><p>   The police action was the most direct attack on Hong Kong's freewheeling media since Beijing regained control of the city in 1997. </p><p>   Authorities in Hong Kong have said the moves against Apple Daily were not targeting the media industry or press freedom. </p><p>   The security law imposed on the city last year was Beijing's first major move to put Hong Kong on a more authoritarian path. </p><p>   Lam and other pro-Beijing officials have said it has restored stability after months of often-violent pro-democracy protests. </p><p>   The Taiwan arm of Apple Daily said it would continue to publish online, as its finances are independent.  </p><p>   Apple Daily has come under increasing pressure since Lai was arrested last year under the security legislation.</p><p>   Authorities have said dozens of Apple Daily articles may have violated the security law, the first instance of authorities taking aim at media reports under the legislation.</p><p>   Next Digital has been kept afloat by loans from Lai. In May, Reuters reported exclusively that Hong Kong’s security chief had sent letters to branches of HSBC    and Citibank    threatening up to seven years’ jail for any dealings with the billionaire's accounts in the city.</p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ What you need to know about Hong Kong's national security law   </p><p> Pro-Beijing media in Hong Kong denounce 'traitor' Jimmy Lai   </p><p> QUOTES-What people are saying about closure of Hong Kong's Apple Daily      TIMELINE-The rise and fall of HK's Apple Daily and media magnate Jimmy Lai     </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Additional reporting by Pak Yiu, Yoyo Chow, Sara Cheng, Twinnie Siu, Clare Jim; Writing by Marius Zaharia; Editing by Gerry Doyle, Robert Birsel, Giles Elgood and Kevin Liffey)</p><p>((marius.zaharia@thomsonreuters.com; +852 2843 6358;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","09086":"华夏纳指-U","AAPL":"苹果"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145013392","content_text":"* Apple Daily prints last edition   * Closure comes after offices raided, five executives arrested   * Assets of companies related to newspaper frozen by authorities   * Newspaper owner and critic of Beijing Jimmy Lai in jail (Updates with last edition being published)   By Sharon Abratique and Jessie Pang   HONG KONG, June 24 (Reuters) - Hong Kong's most vocal pro-democracy newspaper, Apple Daily, printed its last edition on Thursday after a stormy year in which its tycoon owner and other staff were arrested under a new national security law, and its assets were frozen.   The closure of the popular tabloid, which mixes pro-democracy views with celebrity gossip and investigations of those in power, marks the end of an era for media freedom in the Chinese-ruled city, critics say.   \"Thank you to all readers, subscribers, ad clients and Hong Kongers for 26 years of immense love and support. Here we say goodbye, take care of yourselves,\" the paper said in an online article.   Hundreds of supporters gathered outside Apple Daily's building on Wednesday night to show support, sometimes in heavy rain, and waved smartphone lights. Journalists came out onto the balcony and responded with their own phones.   The last front page carried a photograph of a member of staff waving at supporters, with the headline \"Hong Kongers bid a painful farewell in the rain\".   A Reuters reporter present in the Apple Daily newsroom saw dozens of journalists break into applause once the final edition was sent to press, and some in tears.   Reporter Alvin Chan went outside to distribute free copies to the supporters, saying: \"I hope everyone can ... continue to believe in our values.\"   The paper, whose online version will also stop updating, said it was printing a million copies of its last edition - more than 10 times its normal print run.    Shortly after midnight, some news stands waiting for delivery already had hundreds of people queueing.   Apple Daily's support for democratic rights and freedoms has made it a thorn in Beijing's side since owner Jimmy Lai, a self-made tycoon who was smuggled from mainland China into Hong Kong on a fishing boat at the age of 12, started it in 1995.    It shook up the region's Chinese-language media landscape and became a champion of democracy on the margins of Communist China. Its demise leaves only a handful of small online outlets on that side of politics, including Stand News and Citizen News.   Staff unions at Citizen News and six other media groups said they would wear black on Thursday in protest at what they described as \"the government’s blow against freedom of the press\".  Management at Citizen News and Stand News could not be reached for comment.   CHALLENGE TO BEIJING   Apple Daily's supporters championed it as a beacon of media freedom in the Chinese-speaking world. It repeatedly challenged Beijing's authoritarianism and was read by dissidents and a more liberal Chinese diaspora.   Lai, whose assets have been frozen, has been in jail since December on charges, stemming from pro-democracy protests, of taking part in unauthorised assemblies.   Some rights groups, media organisations and Western governments have criticised the action against the newspaper.   Hong Kong leader Carrie Lam said on Tuesday that criticism of the raid on the newspaper amounted to attempts to \"beautify\" acts that endangered national security. Chinese officials have denounced the criticism as interference.   Hong Kong and mainland officials have repeatedly said that media freedoms are respected but are not absolute.   Apple Daily, which was published by Next Digital    and employed hundreds of journalists, said in its online article that the decision to close was \"based on employee safety and manpower considerations\".    Since being raided by police, the newspaper says it has suffered mass resignations and entire departments have had to close.    Last week, the assets of companies linked to the newspaper were frozen and five executives were arrested. On Wednesday, police arrested a columnist on suspicion of conspiring to collude with foreign forces.   Apple Daily and Next Digital management could not be reached to comment further.       In an interview with Reuters, an adviser to Lai said on Monday that the paper would close \"in a matter of days\".   The paper's newsroom was raided by about 200 police last August, when Lai was arrested on suspicion of colluding with foreign forces, and again last week, by 500 police, when the other executives were detained.   INCREASED PRINT RUN   On both occasions, the paper said it had increased its print run to 500,000 the following day from the usual 80,000, and residents of the city of 7.5 million snapped it up before dawn.    The police action was the most direct attack on Hong Kong's freewheeling media since Beijing regained control of the city in 1997.    Authorities in Hong Kong have said the moves against Apple Daily were not targeting the media industry or press freedom.    The security law imposed on the city last year was Beijing's first major move to put Hong Kong on a more authoritarian path.    Lam and other pro-Beijing officials have said it has restored stability after months of often-violent pro-democracy protests.    The Taiwan arm of Apple Daily said it would continue to publish online, as its finances are independent.     Apple Daily has come under increasing pressure since Lai was arrested last year under the security legislation.   Authorities have said dozens of Apple Daily articles may have violated the security law, the first instance of authorities taking aim at media reports under the legislation.   Next Digital has been kept afloat by loans from Lai. In May, Reuters reported exclusively that Hong Kong’s security chief had sent letters to branches of HSBC    and Citibank    threatening up to seven years’ jail for any dealings with the billionaire's accounts in the city.    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ What you need to know about Hong Kong's national security law    Pro-Beijing media in Hong Kong denounce 'traitor' Jimmy Lai    QUOTES-What people are saying about closure of Hong Kong's Apple Daily      TIMELINE-The rise and fall of HK's Apple Daily and media magnate Jimmy Lai        ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Additional reporting by Pak Yiu, Yoyo Chow, Sara Cheng, Twinnie Siu, Clare Jim; Writing by Marius Zaharia; Editing by Gerry Doyle, Robert Birsel, Giles Elgood and Kevin Liffey)((marius.zaharia@thomsonreuters.com; +852 2843 6358;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":615,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988373659,"gmtCreate":1666677847472,"gmtModify":1676537788586,"author":{"id":"3582064417215392","authorId":"3582064417215392","name":"JacquelineS","avatar":"https://static.tigerbbs.com/272c056779c0728d0533c1a020506b5e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582064417215392","authorIdStr":"3582064417215392"},"themes":[],"htmlText":"Buy buy buy !","listText":"Buy buy buy !","text":"Buy buy buy !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988373659","repostId":"1124445589","repostType":2,"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}