Profile - To The Moon

Kennethpy

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- KennethpyKennethpy
  ·2021-06-20
  ?
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- KennethpyKennethpy
  ·2021-06-20
  ?
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- KennethpyKennethpy
  ·2021-06-17
  [Smile]
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- KennethpyKennethpy
  ·2021-06-17
  Nice
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- KennethpyKennethpy
  ·2021-06-16
  Nice
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- KennethpyKennethpy
  ·2021-06-16
  Good
  Is Virgin Galactic Stock a Buy?
  These shares aren't for the faint of heart.
  Is Virgin Galactic Stock a Buy?
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- KennethpyKennethpy
  ·2021-06-16
  ?
  China shares end lower as material firms, foreign outflow concerns weigh
  BEIJING, June 16 (Reuters) - China shares ended lower on Wednesday, dragged down by losses in materi
  China shares end lower as material firms, foreign outflow concerns weigh
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- KennethpyKennethpy
  ·2021-06-16
  $$
  Crude prices in Asia jump on robust demand, tight supply
  * China ramps up crude processing as margins improve * Asian refiners back from maintenance * Strong
  Crude prices in Asia jump on robust demand, tight supply
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- KennethpyKennethpy
  ·2021-06-16
  Noice
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ext":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169539885","repostId":"1179963706","repostType":4,"repost":{"id":"1179963706","kind":"news","pubTimestamp":1623828183,"share":"https://ttm.financial/m/news/1179963706?lang=&edition=fundamental","pubTime":"2021-06-16 15:23","market":"us","language":"en","title":"Is Virgin Galactic Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1179963706","media":"Motley Fool","summary":"These shares aren't for the faint of heart.","content":"<p>The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility.&nbsp;In the last year alone, the stock of&nbsp;<b>Virgin Galactic Holdings</b>&nbsp;(NYSE:SPCE)&nbsp;has jumped 300%,then fallen 75%, and more than&nbsp;doubled from recent lows. Investors who have held on for the ride have done well, but it hasn't been easy.</p>\n<p>More than even the highest flying&nbsp;growth stocks&nbsp;on the market, this is a boom-and-bust kind of investment right now. If Virgin Galactic succeeds, it could reshape the way we think about space. But if it fails, the company could end in disaster. Right now, I think it's worth the risk.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2bd0b3467fea65d95ded6ecb659b938\" tg-width=\"2000\" tg-height=\"1334\"><span>IMAGE SOURCE: VIRGIN GALACTIC.</span></p>\n<p><b>What fundamentals?</b></p>\n<p>Before we get too far into Virgin Galactic's opportunities, it's important to point out that this is a pre-revenue company. It is burning cash in anticipation of generating revenue from research and from customer tickets for a quick trip into space, but it hasn't launched commercially yet.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51fd6129b14f307e5702187274edae41\" tg-width=\"720\" tg-height=\"435\"><span>SPCE REVENUE (TTM) DATA BY YCHARTS. TTM = TRAILING 12 MONTHS.</span></p>\n<p>Being a pre-revenue company isn't bad, but it shows just how early it is in its development.</p>\n<p><b>Building a new market in space</b></p>\n<p>The bullish case for Virgin Galactic is that it'll redefine how we think about space. For as little as $250,000, anyone can travel into space once commercial flights begin. That sounds like a lot of money, but think about how unattainable space seemed only a decade or two ago. Now, it just takes a big checkbook to get there. The flight is only a few minutes long, but it's a once-in-a-lifetime experience that has already attracted over 600 reservations.</p>\n<p>Management thinks that when operations are fully ramped up, a spaceport like the company has built in New Mexico will be able to generate $1 billion per year in revenue. Build a few spaceports around the world, and suddenly valuing the company at $8.7 billion (its market capitalization today) doesn't seem so crazy.</p>\n<p><b>High-speed travel is next</b></p>\n<p>In development is a Mach 3 aircraft that could take high-speed travel to a new level. While the current spacecraft being tested is meant for tourism, a Mach 3 aircraft could make global travel more efficient, reducing the flight&nbsp;from Los Angeles to Tokyo from 12 hours to three to four hours. And with a capacity of 9 to 19 seats, it would seem more like a flight on a private jet than the failed Concorde, which had a capacity of 92 to 128 passengers.</p>\n<p>We don't know if space tourism or mach-speed travel will succeed but imagine if they do. If thousands of people fly into space each year and it's commonplace to see videos of celebrities or wealthy people in a weightless atmosphere, it has the potential to shape how we view space tourism. At the same time, Virgin Galactic's design of reusable rockets could allow it to reduce costs to make space tourism possible to those willing to spend around $100,000 on a ticket. And that could truly change how we view space. That's the kind of disruption that would drive big gains for investors.</p>\n<p><b>Virgin Galactic is a buy, with risks</b></p>\n<p>The investment thesis for Virgin Galactic is pretty simple: Virgin Galactic could disrupt the way we think about visiting space and Mach-speed travel. Management thinks it can complete 400 space flights per year, generating $1 billion in revenue per spaceport, with the potential to build dozens of spaceports around the world. Long-term, the spaceports could also house mach-speed aircraft. If Virgin Galactic succeeds, the company could open up multibillion-dollar markets that don't exist today.</p>\n<p>As big as the opportunity is, the risks are hefty as well. A failure in testing or product development could sink the company. Today, I think the reward outweighs the risk, and a decade or two from now we'll all know of someone who has visited space. That potential shift in how we think about the universe around us makes this a company I'm excited to own, and follow, into the future.</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>Is Virgin Galactic Stock a Buy?</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 Virgin Galactic Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 15:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/15/is-virgin-galactic-stock-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of Virgin Galactic Holdings (...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/15/is-virgin-galactic-stock-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://www.fool.com/investing/2021/06/15/is-virgin-galactic-stock-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179963706","content_text":"The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of Virgin Galactic Holdings (NYSE:SPCE) has jumped 300%,then fallen 75%, and more than doubled from recent lows. Investors who have held on for the ride have done well, but it hasn't been easy.\nMore than even the highest flying growth stocks on the market, this is a boom-and-bust kind of investment right now. If Virgin Galactic succeeds, it could reshape the way we think about space. But if it fails, the company could end in disaster. Right now, I think it's worth the risk.\nIMAGE SOURCE: VIRGIN GALACTIC.\nWhat fundamentals?\nBefore we get too far into Virgin Galactic's opportunities, it's important to point out that this is a pre-revenue company. It is burning cash in anticipation of generating revenue from research and from customer tickets for a quick trip into space, but it hasn't launched commercially yet.\nSPCE REVENUE (TTM) DATA BY YCHARTS. TTM = TRAILING 12 MONTHS.\nBeing a pre-revenue company isn't bad, but it shows just how early it is in its development.\nBuilding a new market in space\nThe bullish case for Virgin Galactic is that it'll redefine how we think about space. For as little as $250,000, anyone can travel into space once commercial flights begin. That sounds like a lot of money, but think about how unattainable space seemed only a decade or two ago. Now, it just takes a big checkbook to get there. The flight is only a few minutes long, but it's a once-in-a-lifetime experience that has already attracted over 600 reservations.\nManagement thinks that when operations are fully ramped up, a spaceport like the company has built in New Mexico will be able to generate $1 billion per year in revenue. Build a few spaceports around the world, and suddenly valuing the company at $8.7 billion (its market capitalization today) doesn't seem so crazy.\nHigh-speed travel is next\nIn development is a Mach 3 aircraft that could take high-speed travel to a new level. While the current spacecraft being tested is meant for tourism, a Mach 3 aircraft could make global travel more efficient, reducing the flight from Los Angeles to Tokyo from 12 hours to three to four hours. And with a capacity of 9 to 19 seats, it would seem more like a flight on a private jet than the failed Concorde, which had a capacity of 92 to 128 passengers.\nWe don't know if space tourism or mach-speed travel will succeed but imagine if they do. If thousands of people fly into space each year and it's commonplace to see videos of celebrities or wealthy people in a weightless atmosphere, it has the potential to shape how we view space tourism. At the same time, Virgin Galactic's design of reusable rockets could allow it to reduce costs to make space tourism possible to those willing to spend around $100,000 on a ticket. And that could truly change how we view space. That's the kind of disruption that would drive big gains for investors.\nVirgin Galactic is a buy, with risks\nThe investment thesis for Virgin Galactic is pretty simple: Virgin Galactic could disrupt the way we think about visiting space and Mach-speed travel. Management thinks it can complete 400 space flights per year, generating $1 billion in revenue per spaceport, with the potential to build dozens of spaceports around the world. Long-term, the spaceports could also house mach-speed aircraft. If Virgin Galactic succeeds, the company could open up multibillion-dollar markets that don't exist today.\nAs big as the opportunity is, the risks are hefty as well. A failure in testing or product development could sink the company. Today, I think the reward outweighs the risk, and a decade or two from now we'll all know of someone who has visited space. That potential shift in how we think about the universe around us makes this a company I'm excited to own, and follow, into the future.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1926,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169594511,"gmtCreate":1623841716533,"gmtModify":1703821058492,"author":{"id":"3581936482778073","authorId":"3581936482778073","name":"Kennethpy","avatar":"https://static.tigerbbs.com/0692474293e354dab3eceeb6f8f31775","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581936482778073","idStr":"3581936482778073"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169594511","repostId":"2143760300","repostType":4,"repost":{"id":"2143760300","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":1623830693,"share":"https://ttm.financial/m/news/2143760300?lang=&edition=fundamental","pubTime":"2021-06-16 16:04","market":"sh","language":"en","title":"China shares end lower as material firms, foreign outflow concerns weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2143760300","media":"Reuters","summary":"BEIJING, June 16 (Reuters) - China shares ended lower on Wednesday, dragged down by losses in materi","content":"<p>BEIJING, June 16 (Reuters) - China shares ended lower on Wednesday, dragged down by losses in material and healthcare stocks, as investors worried over lofty valuations and the outcome of a U.S. Federal Reserve meeting that could prompt foreign outflows.</p>\n<p>At the close of trade, the Shanghai Composite index was down 1.07% at 3,518.33 and the blue-chip CSI300 index&nbsp;lost 1.67%, having finished weaker on Tuesday.</p>\n<p>Analysts said there was a lack of factors for any upside momentum, while lofty valuations in some parts of the market were a cause of concern.</p>\n<p>The market was also under pressure from rising Sino-West tensions after G7 leaders took the Asian nation to task over a range of issues, which Beijing called a gross interference in the country's internal affairs.</p>\n<p>Among the worst-performing sectors on Wednesday, the material sub-index slumped 3.08% as a report on restrictions over state-owned firms' overseas commodity exposure accelerated a sell-off in the sector.</p>\n<p>The healthcare sub-index lost 3.01%, with sector heavyweight Wuxi AppTec Co Ltd sliding 5.53%.</p>\n<p>The smaller Shenzhen index ended down 2.34% and the start-up board ChiNext Composite index was weaker by 4.18%.</p>\n<p>\"Investors are also nervous ahead of the U.S. Fed meeting, as Fed's hawkishness would push the dollar higher, pressuring the yuan and weighing on the A-share market by prompting foreign outflows,\" said Yan Kaiwen, an analyst with China Fortune Securities.</p>\n<p>China's central bank has directed financial institutions to hold more foreign exchange in reserve, a move that analysts say could help temper a rally in the yuan after the currency hit a three-year high against the dollar on Monday.</p>\n<p>Long-term appreciation in the yuan could have a large negative impact on China's economy even if there was no substantial effect on the country's exports in the short term, a former senior official at China's foreign exchange regulator warned.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was weaker by 0.42%.</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 shares end lower as material firms, foreign outflow concerns weigh</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 shares end lower as material firms, foreign outflow concerns weigh\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\">2021-06-16 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, June 16 (Reuters) - China shares ended lower on Wednesday, dragged down by losses in material and healthcare stocks, as investors worried over lofty valuations and the outcome of a U.S. Federal Reserve meeting that could prompt foreign outflows.</p>\n<p>At the close of trade, the Shanghai Composite index was down 1.07% at 3,518.33 and the blue-chip CSI300 index&nbsp;lost 1.67%, having finished weaker on Tuesday.</p>\n<p>Analysts said there was a lack of factors for any upside momentum, while lofty valuations in some parts of the market were a cause of concern.</p>\n<p>The market was also under pressure from rising Sino-West tensions after G7 leaders took the Asian nation to task over a range of issues, which Beijing called a gross interference in the country's internal affairs.</p>\n<p>Among the worst-performing sectors on Wednesday, the material sub-index slumped 3.08% as a report on restrictions over state-owned firms' overseas commodity exposure accelerated a sell-off in the sector.</p>\n<p>The healthcare sub-index lost 3.01%, with sector heavyweight Wuxi AppTec Co Ltd sliding 5.53%.</p>\n<p>The smaller Shenzhen index ended down 2.34% and the start-up board ChiNext Composite index was weaker by 4.18%.</p>\n<p>\"Investors are also nervous ahead of the U.S. Fed meeting, as Fed's hawkishness would push the dollar higher, pressuring the yuan and weighing on the A-share market by prompting foreign outflows,\" said Yan Kaiwen, an analyst with China Fortune Securities.</p>\n<p>China's central bank has directed financial institutions to hold more foreign exchange in reserve, a move that analysts say could help temper a rally in the yuan after the currency hit a three-year high against the dollar on Monday.</p>\n<p>Long-term appreciation in the yuan could have a large negative impact on China's economy even if there was no substantial effect on the country's exports in the short term, a former senior official at China's foreign exchange regulator warned.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was weaker by 0.42%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143760300","content_text":"BEIJING, June 16 (Reuters) - China shares ended lower on Wednesday, dragged down by losses in material and healthcare stocks, as investors worried over lofty valuations and the outcome of a U.S. Federal Reserve meeting that could prompt foreign outflows.\nAt the close of trade, the Shanghai Composite index was down 1.07% at 3,518.33 and the blue-chip CSI300 index lost 1.67%, having finished weaker on Tuesday.\nAnalysts said there was a lack of factors for any upside momentum, while lofty valuations in some parts of the market were a cause of concern.\nThe market was also under pressure from rising Sino-West tensions after G7 leaders took the Asian nation to task over a range of issues, which Beijing called a gross interference in the country's internal affairs.\nAmong the worst-performing sectors on Wednesday, the material sub-index slumped 3.08% as a report on restrictions over state-owned firms' overseas commodity exposure accelerated a sell-off in the sector.\nThe healthcare sub-index lost 3.01%, with sector heavyweight Wuxi AppTec Co Ltd sliding 5.53%.\nThe smaller Shenzhen index ended down 2.34% and the start-up board ChiNext Composite index was weaker by 4.18%.\n\"Investors are also nervous ahead of the U.S. Fed meeting, as Fed's hawkishness would push the dollar higher, pressuring the yuan and weighing on the A-share market by prompting foreign outflows,\" said Yan Kaiwen, an analyst with China Fortune Securities.\nChina's central bank has directed financial institutions to hold more foreign exchange in reserve, a move that analysts say could help temper a rally in the yuan after the currency hit a three-year high against the dollar on Monday.\nLong-term appreciation in the yuan could have a large negative impact on China's economy even if there was no substantial effect on the country's exports in the short term, a former senior official at China's foreign exchange regulator warned.\nAround the region, MSCI's Asia ex-Japan stock index was weaker by 0.42%.","news_type":1,"symbols_score_info":{"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":2005,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169595475,"gmtCreate":1623841659597,"gmtModify":1703821057204,"author":{"id":"3581936482778073","authorId":"3581936482778073","name":"Kennethpy","avatar":"https://static.tigerbbs.com/0692474293e354dab3eceeb6f8f31775","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581936482778073","idStr":"3581936482778073"},"themes":[],"htmlText":"$$","listText":"$$","text":"$$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169595475","repostId":"2143605967","repostType":4,"repost":{"id":"2143605967","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":1623831108,"share":"https://ttm.financial/m/news/2143605967?lang=&edition=fundamental","pubTime":"2021-06-16 16:11","market":"fut","language":"en","title":"Crude prices in Asia jump on robust demand, tight supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2143605967","media":"Reuters","summary":"* China ramps up crude processing as margins improve\n* Asian refiners back from maintenance\n* Strong","content":"<p>* China ramps up crude processing as margins improve</p>\n<p>* Asian refiners back from maintenance</p>\n<p>* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high</p>\n<p>* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical</p>\n<p>SINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.</p>\n<p>High prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.</p>\n<p>Several popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.</p>\n<p>The spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.</p>\n<p>Spot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.</p>\n<p>\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.</p>\n<p>Major refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.</p>\n<p>Refineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.</p>\n<p>However, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.</p>\n<p>\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.</p>\n<p>While Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.</p>\n<p>\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.</p>\n<p>Energy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.</p>\n<p>\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.</p>\n<p>\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"</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>Crude prices in Asia jump on robust demand, tight supply</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrude prices in Asia jump on robust demand, tight supply\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\">2021-06-16 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* China ramps up crude processing as margins improve</p>\n<p>* Asian refiners back from maintenance</p>\n<p>* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high</p>\n<p>* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical</p>\n<p>SINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.</p>\n<p>High prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.</p>\n<p>Several popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.</p>\n<p>The spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.</p>\n<p>Spot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.</p>\n<p>\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.</p>\n<p>Major refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.</p>\n<p>Refineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.</p>\n<p>However, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.</p>\n<p>\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.</p>\n<p>While Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.</p>\n<p>\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.</p>\n<p>Energy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.</p>\n<p>\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.</p>\n<p>\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00662":"亚洲金融"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143605967","content_text":"* China ramps up crude processing as margins improve\n* Asian refiners back from maintenance\n* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high\n* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical\nSINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.\nHigh prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.\nSeveral popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.\nThe spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.\nSpot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.\n\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.\nMajor refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.\nRefineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.\nHowever, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.\n\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.\nWhile Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.\n\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.\nEnergy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.\n\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.\n\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"","news_type":1,"symbols_score_info":{"00662":0.9,"CLmain":0.9,"QMmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1779,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169592439,"gmtCreate":1623841624121,"gmtModify":1703821055592,"author":{"id":"3581936482778073","authorId":"3581936482778073","name":"Kennethpy","avatar":"https://static.tigerbbs.com/0692474293e354dab3eceeb6f8f31775","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581936482778073","idStr":"3581936482778073"},"themes":[],"htmlText":"Noice","listText":"Noice","text":"Noice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169592439","repostId":"2143476097","repostType":4,"isVote":1,"tweetType":1,"viewCount":2012,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}