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KeithHan

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2021-07-16

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2021-07-21

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2021-07-09

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Chuan supervisory authorities once met Xu Jiayin, Evergrande staff: inconvenient to respond

2021-05-20

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2021-04-26

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Nonferrous sector moves higher as copper soars to decade high

2021-02-16

$BNGO 20210219 10.0 PUT(BNGO)$ premiun safe

2021-06-28

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Is it going to be eliminated by the times? The world's most bullish company loses $22.4 billion

2021-05-09

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2021-04-23

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Two K12 giants have released financial reports successively. Who has a "good future"?

2021-04-01

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Youxin skyrocketed over 40%, and the company signed letters of intent for investment with two well-known funds

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20:50","market":"hk","language":"zh","title":"Chuan supervisory authorities once met Xu Jiayin, Evergrande staff: inconvenient to respond","url":"https://stock-news.laohu8.com/highlight/detail?id=2150372686","media":"银柿财经","summary":"7月9日，有媒体报道《监管当局约见许家印，要求恒大尽快化解债务问题》。","content":"<p>On July 9, some media reported that \"the regulatory authorities met with Xu Jiayin and asked Evergrande to resolve the debt problem as soon as possible.\" The report pointed out that \"the Financial Stability and Development Committee of the State Council of China and<a href=\"https://laohu8.com/S/03333\">China Evergrande</a>At the meeting, the chairman of the board, Hui Ka-yin, asked him to quickly resolve the debt woes so as not to cause financial risks. \"</p><p>At the same time, according to a person familiar with the matter, about a month before this meeting with the Financial Stability Committee, the People's Bank of China and other regulatory agencies interviewed Evergrande and urged it to speed up the sale of assets, reduce debts and repay debts in time.</p><p>Silver Finance reporter called the relevant person in charge of China Evergrande about the authenticity of the report. The staff member said, \"I don't know where the source of the news is? It's not convenient to respond.\"</p><p><img src=\"https://static.tigerbbs.com/7bd9c5f6f455ab3d41aa3e821ab0cd24\" tg-width=\"840\" tg-height=\"470\"></p>","source":"lsy1610344500291","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>Chuan supervisory authorities once met Xu Jiayin, Evergrande staff: inconvenient to respond</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nChuan supervisory authorities once met Xu Jiayin, Evergrande staff: inconvenient to respond\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">银柿财经</strong><span class=\"h-time small\">2021-07-09 20:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On July 9, some media reported that \"the regulatory authorities met with Xu Jiayin and asked Evergrande to resolve the debt problem as soon as possible.\" The report pointed out that \"the Financial Stability and Development Committee of the State Council of China and<a href=\"https://laohu8.com/S/03333\">China Evergrande</a>At the meeting, the chairman of the board, Hui Ka-yin, asked him to quickly resolve the debt woes so as not to cause financial risks. \"</p><p>At the same time, according to a person familiar with the matter, about a month before this meeting with the Financial Stability Committee, the People's Bank of China and other regulatory agencies interviewed Evergrande and urged it to speed up the sale of assets, reduce debts and repay debts in time.</p><p>Silver Finance reporter called the relevant person in charge of China Evergrande about the authenticity of the report. The staff member said, \"I don't know where the source of the news is? It's not convenient to respond.\"</p><p><img src=\"https://static.tigerbbs.com/7bd9c5f6f455ab3d41aa3e821ab0cd24\" tg-width=\"840\" tg-height=\"470\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021070920454979d0dc51&s=b\">银柿财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/11035f651c5c16f8f951521b8717a989","relate_stocks":{"03333":"中国恒大"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021070920454979d0dc51&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150372686","content_text":"7月9日，有媒体报道《监管当局约见许家印，要求恒大尽快化解债务问题》，该报道指出，“中国国务院金融稳定发展委员会与中国恒大董事局主席许家印会面时，要求其快化解债务困境，以免引发金融风险。“\n同时据一位知情人士称，在此次与金稳委会面前大约一个月，人行等监管机构曾约谈恒大，督促其加快出售资产、削减债务并及时偿还债务。\n银柿财经记者就该报道的真实性致电中国恒大相关负责人，该工作人员表示：“不知道消息的信源是哪里？不方便回应。”","news_type":1,"symbols_score_info":{"03333":0.9}},"isVote":1,"tweetType":1,"viewCount":4322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157849269,"gmtCreate":1625578917751,"gmtModify":1703744194982,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"?&nbsp;","listText":"?&nbsp;","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157849269","repostId":"1146964848","repostType":4,"repost":{"id":"1146964848","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625572391,"share":"https://ttm.financial/m/news/1146964848?lang=en_US&edition=fundamental","pubTime":"2021-07-06 19:53","market":"us","language":"zh","title":"Q2 Bank Stock Financial Report Prospect: Can the two major benefits drive the stock price to take advantage of the trend?","url":"https://stock-news.laohu8.com/highlight/detail?id=1146964848","media":"老虎资讯综合","summary":"7月6日消息，美股新一轮财报季即将拉开帷幕，打头阵的依然是投资者熟悉的银行股。在经济复苏和加息时间表提前两大利好之风推动下，银行股业绩能乘势而起吗？\n（其中，高盛、摩根大通、富国银行将于7月13日美股","content":"<p>On July 6th, a new round of earnings reporting season for U.S. stocks is about to kick off, and the banking stocks familiar to investors are still taking the lead. Driven by the two favorable winds of economic recovery and rate hike timetable ahead of schedule, can the performance of bank stocks take advantage of the trend?</p><p><b><i>(Among them, Goldman Sachs, JPMorgan Chase and Wells Fargo will release their earnings reports before the U.S. stock market on July 13th, Citi will release their earnings reports before the U.S. stock market on July 14th, and Morgan Stanley will release their earnings reports before the U.S. stock market on July 15th.)</i></b></p><p><b>First Quarter Results Review</b></p><p><b>Overall, the performance of large bank stocks in the first quarter was relatively bright and exceeded market expectations. The main reason lies in two aspects. First, the income of trading and investment banking has increased greatly,</b>This point except<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>In addition, the other four bank stocks are obvious.<b>Second, the release of credit loss provisions boosted profits,</b>Typical such as<a href=\"https://laohu8.com/S/C\">Citigroup</a>And<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>And<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>。</p><p><b>The best performance in the first quarter was<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>，</b>The main reason is that the investment banking and trading income we mentioned earlier have increased greatly. Among them, investment banking revenue was US$3.771 billion, a year-on-year increase of 73%; Global trading revenue was $7.58 billion, up 47% year-over-year. Among them, stock sales and trading increased by 68% year-on-year to $3.69 billion; Fixed income, foreign exchange and commodities (FICC) revenue increased 31% year-on-year to $3.89 billion.</p><p>although<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>The growth rate is not as good as that of Goldman Sachs, but its performance growth is also very explosive. Like Goldman Sachs, its growth was also largely driven by investment banking and equity trading revenue. The first-quarter results showed that Morgan Stanley's revenue was $15.72 billion, a year-on-year increase of 65%. The revenue growth mainly came from three parts, of which the revenue of investment banking business was US$2.613 billion, a year-on-year increase of 128.41%; Stock trading revenue was USD 1.502 billion, a year-on-year increase of 347.02%, and wealth management business revenue was USD 6 billion, a year-on-year increase of 46.34%.</p><p>In contrast, the revenue growth rate of JPMorgan Chase and Wells Fargo can only be said to be quite satisfactory. Although Citi's revenue declined year-on-year, it also exceeded market expectations. The obvious feature of the three banks is that the performance of net profit has shocked the market,<b>The main reason is the release of credit loss provisions mentioned earlier.</b></p><p>According to the quarterly report, the revenue of JPMorgan Chase and Wells Fargo in the first quarter was $33.1 billion and $18.1 billion respectively, up 14% and 2% year-on-year respectively, while the net profits of the two companies were $14.3 billion and $4.7 billion respectively, up nearly 400% and 626% year-on-year respectively. Looking at Citibank again, Citi's revenue in the first quarter fell by 7% year-on-year to $19.3 billion, but its net profit increased by 216% year-on-year to $7.9 billion.</p><p>JPMorgan Chase's surge in net income was mainly due to the release of provision for credit losses<b>$5.2 billion,</b>accounted for 36% of net income in the quarter, compared with a $6.8 billion increase in credit loss provisions in the same period last year. Excluding the boost to the company's quarterly profit from the loan loss reserve release, the company's quarterly earnings per share would be less than $3, miss the market expectation.</p><p>Wells Fargo released about $1.6 billion in credit loss provisions, or 34% of current profits, after adding about $3.1 billion in credit loss provisions in the same period last year.</p><p>The situation is similar for Citi. Citi's first-quarter revenue decline was due to different degrees of decline in global consumer banking, institutional client business and corporate and other three divisions. Among them, the most eye-catching businesses were investment banking and stock trading revenue, both of which set records. Among them, revenue from investment banking jumped 46% to $1.97 billion, and revenue from stock trading rose 26% year-on-year to $1.48 billion. It is also the fastest-growing business within Citi year-on-year.</p><p>The 'secret weapon' of the overall decline in revenue but the substantial increase in net profit is also credit loss provision. According to the financial report, in the first quarter, Citi's credit loss provision released 3.85 billion USD, accounting for 49% of the current profit, and the new credit loss provision in the same period last year was about 4.9 billion USD.</p><p><b>What factors to watch for in the second quarter</b></p><p><b>1. Can the high growth of investment banking and trading income continue?</b></p><p>As previously analyzed, one of the reasons for the big increase in bank performance in the first quarter was the big increase in investment banking and trading income. Will this factor fall back in the second quarter?</p><p>First of all, let's look at the investment banking business. Market analysts believe that swept US stocks in the first quarter<b>SPAC</b>The wave is the main factor boosting the investment banking business. Considering the recent changes in the regulatory environment, this part of the strong performance will be difficult to continue in the second quarter.</p><p>Followed by trading income. Recently, JPMorgan Chase CEO Jamie Dimon and Morgan Stanley CEO James Gorman said that trading revenue will eventually slow down after experiencing extremely strong growth.</p><p><b>2. The inflation data exploded. Will the Fed's accelerated tightening of liquidity drive a substantial increase in the performance of bank stocks?</b></p><p>Among bank stocks, JPMorgan Chase, Wells Fargo and Citi account for a certain proportion of interest-related revenue, so they are relatively sensitive to interest rates. In the first quarter, the interest income of all three banks decreased. Among them, JPMorgan Chase's interest income fell by 11% year-on-year to $13 billion, accounting for 39% of the total revenue; Wells Fargo's interest income slipped 22% year over year to $8.8 billion, or 49% of total revenue. Citi's interest-related revenue in the first quarter was $7.52 billion, accounting for 40% of total revenue. The main reason for the decline in income is that the Federal Reserve has kept monetary easing and interest rates have been low for a long time.</p><p>Inflation data continued to move higher as the economy gradually recovered. Rising inflation has triggered rate hike expectations, and widening interest spreads will boost bank profitability. In the period of continuous inflation, the degree of monetary policy easing will gradually converge, and the 10-year Treasury Bond interest rate will increase. At present, in January, PPI turned from negative to positive year-on-year, the 10-year Treasury Bond interest rate continued to increase, the rate hike expectation was improved, and the possibility of subsequent bank interest spread expansion was increasing. It is expected that the profitability of banks will improve in 2021.</p><p><b>3. Is there room for release of credit loss provision?</b></p><p>Another question to be concerned about in the second quarter is, is there still room for bank credit loss provisions to be released? Let's take Citi as an example for your reference. Citi's sharp increase in credit loss provision was in the first and second quarters of 2020, including an increase of $4.9 billion in the first quarter and $5.6 billion in the second quarter, with a total increase of $10.5 billion. In the third quarter, it basically returned to normal and increased the provision for credit losses of USD 300 million.</p><p>Since the fourth quarter, with the economic recovery, banks have returned to optimism about the repayment ability of enterprises, and released credit loss provisions for two consecutive quarters (the released credit loss provisions can be understood as directly increasing the net profit of banks), of which about 1.5 billion dollars were released in the first quarter, about 3.9 billion dollars were released in the second quarter, and about 5.4 billion dollars were released in two consecutive quarters, which still has some room for release compared with the previous additional 10.5 billion dollars.</p><p>To put it another way, Citi's provision for credit losses was $21.6 billion at the end of the first quarter, accounting for 3.29% of total loans, compared with $20.4 billion at the end of the previous year, accounting for 2.84% of total loans. It can also be speculated that there is still room for adjustment of Citi's credit loss provision, but considering that the repayment ability of enterprises may be affected after the epidemic, this proportion may not necessarily recover to before the epidemic in the short term.</p><p><b>It should be noted that the provision for credit losses is just a financial game, and its short-term boost to profits does not represent an improvement in the profitability of banks.</b></p><p>In addition to the impact of fundamentals,<b>Bank stocks recently passed the minimum risk level test set by the Federal Reserve, and the Fed's temporary restrictions on paying Dividend and buying back shares also expired on June 30.</b>It is not excluded that this positive and financial performance are superimposed, which will bring a wave of market prices to bank stocks.</p><p>In the long run, the core investment logic of bank stocks is macroeconomy. As optimistic as the Federal Reserve, it expects the U.S. economy to grow by 7% this year. The Fed's Beige Book survey report in early June pointed out that from early April to late May, the U.S. national economy expanded at a moderate rate, slightly higher than the previous reporting period. Employment population growth has been relatively steady, with the strongest job growth in food services, hospitality and retail as the spread of the coronavirus continues to slow. According to data, consumer confidence in the United States rose to the highest level since the outbreak of COVID-19 more than a year ago in June. This raised expectations for strong economic growth in the second quarter.</p><p>However, the latest article of Caijing magazine pointed out that the current economic recovery in the United States is very strong, but a considerable part of the impetus comes from aggressive fiscal and monetary policies. The improvement of the epidemic situation has brought a strong rebound in consumption, but there is still a significant gap between the level before the epidemic. The sustainability of consumption growth in the United States will be tested as fiscal stimulus and business restarts finally subside, and the outlook for rate hike becomes clearer.</p><p><a href=\"https://laohu8.com/S/03329\">BOCOM International</a>Hong Hao, chief economist, said in an interview with China Business News recently,<b>The United States is weathering a double test of inflation and an economic shifting.</b>From the financial perspective, even if the Federal Reserve is still maintaining a loose policy, it is tightening marginally.<b>Whether Treasury Bond yields go up or down, it signals a risk event in the second half of the year.</b>Going up may mean that inflation is not well controlled, and going down may mean that the economic shift is much worse than everyone expected.</p><p><b>What does Bloomberg think of the performance of bank stocks in the second quarter?</b></p><p><ul><li><b>Goldman Sachs:</b>In the second quarter, Goldman Sachs had revenue of $12.044 billion, adjusted net income of $3.342 billion, and adjusted earnings per share of $9.49.</li><li><b>Morgan Stanley:</b>In the second quarter, Morgan Stanley had revenue of $14.056 billion, adjusted net income of $3.061 billion, and adjusted earnings per share of $1.64.</li><li><b>JPMorgan:</b>In the second quarter, JPMorgan had revenue of $30.014 billion, adjusted net income of $9.330 billion, and adjusted earnings per share of $3.03.</li><li><b>Wells Fargo:</b>In the second quarter, Wells Fargo had revenue of $17.807 billion, adjusted net income of $3.847 billion, and adjusted earnings per share of $0.93.</li><li><b>Citi:</b>Bloomberg's consensus expectation is that Citi's revenue in the second quarter will be $17.568 billion, adjusted net income will be $4.197 billion, and adjusted earnings per share will be $2.01.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ea8ff3198bf54d8306edaaafd4de597\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>Goldman Sachs</span></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da08201c088bfc76f2e125cb40688f99\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>Morgan Stanley</span></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d75855beae9bd8dc28a09d9c146c6c79\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>JPMorgan Chase</span></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a42ae14bb976481d57ddde2b7adabb61\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>Wells Fargo</span></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62f32d60cd04a0250b7605cda9ec35c2\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>Citigroup</span></p><p><b>Attachment: Performance details of bank stocks in the first quarter</b></p><p><ul><li><b>Goldman Sachs:</b>Goldman's net revenue in the first quarter was $17.7 billion, a record high, an increase of 102% compared with $8.74 billion in the same period last year, far higher than the market estimate of $12.55 billion. In the first quarter, Goldman Sachs' net income for common shareholders reached $6.711 billion, or $18.60 per share, a 498% jump year over year.</li><li><b>Morgan Stanley:</b>Morgan Stanley's net income in the first quarter was $15.72 billion, up 65% year-over-year and higher than Bloomberg's estimate of $13.954 billion; Net profit was $4.12 billion, surging by 142.6% year-on-year, exceeding Bloomberg's expectation of $4.04 billion; Earnings of $2.19 per share beat market estimates of $1.68 and $1.01 a year earlier.</li><li><b>JPMorgan:</b>JPMorgan Chase's first-quarter 2021 revenue of $33.12 billion, up 14% year-over-year, and expected to be $30.52 billion; Net profit was US$14.3 billion, up 399% year-on-year and 18% month-on-month; Earnings per share were $4.5, compared to the market estimate for earnings of $3.06 and $0.78 in the year-ago quarter.<b>Excluding the boost to the company's quarterly profit from the loan loss reserve release, the company's quarterly earnings per share would be less than $3, miss the market expectation.</b></li><li><b>Wells Fargo</b>: Wells Fargo's revenue in the first quarter of 2021 was US$18.063 billion, compared with US$17.717 billion in the same period last year, and the market expectation was US$17.524 billion; Net profit was $4.742 billion, compared with $653 million in the same period last year, far exceeding Bloomberg's expectation of $2.943 billion; Diluted earnings per share was 1 cent, which already included-$0.73/share of reserves and securities business losses established due to market and economic conditions, in addition to the impact of-$0.06/share of redemption of Class K preferred shares.</li><li><b>Citi:</b>Citi's revenue in the first quarter was $19.3 billion, down 7% year-on-year, but better than the market expectation of $18.8 billion; Net profit in the first quarter was $7.9 billion, compared with $2.5 billion in the same period last year; Earnings of $3.62 per share were up 242% year over year and better than analysts' expectations of $2.60.</li></ul></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>Q2 Bank Stock Financial Report Prospect: Can the two major benefits drive the stock price to take advantage of the trend?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Driven by the two favorable winds of economic recovery and rate hike timetable ahead of schedule, can the performance of bank stocks take advantage of the trend?</p><p><b><i>(Among them, Goldman Sachs, JPMorgan Chase and Wells Fargo will release their earnings reports before the U.S. stock market on July 13th, Citi will release their earnings reports before the U.S. stock market on July 14th, and Morgan Stanley will release their earnings reports before the U.S. stock market on July 15th.)</i></b></p><p><b>First Quarter Results Review</b></p><p><b>Overall, the performance of large bank stocks in the first quarter was relatively bright and exceeded market expectations. The main reason lies in two aspects. First, the income of trading and investment banking has increased greatly,</b>This point except<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>In addition, the other four bank stocks are obvious.<b>Second, the release of credit loss provisions boosted profits,</b>Typical such as<a href=\"https://laohu8.com/S/C\">Citigroup</a>And<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>And<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>。</p><p><b>The best performance in the first quarter was<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>，</b>The main reason is that the investment banking and trading income we mentioned earlier have increased greatly. Among them, investment banking revenue was US$3.771 billion, a year-on-year increase of 73%; Global trading revenue was $7.58 billion, up 47% year-over-year. Among them, stock sales and trading increased by 68% year-on-year to $3.69 billion; Fixed income, foreign exchange and commodities (FICC) revenue increased 31% year-on-year to $3.89 billion.</p><p>although<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>The growth rate is not as good as that of Goldman Sachs, but its performance growth is also very explosive. Like Goldman Sachs, its growth was also largely driven by investment banking and equity trading revenue. The first-quarter results showed that Morgan Stanley's revenue was $15.72 billion, a year-on-year increase of 65%. The revenue growth mainly came from three parts, of which the revenue of investment banking business was US$2.613 billion, a year-on-year increase of 128.41%; Stock trading revenue was USD 1.502 billion, a year-on-year increase of 347.02%, and wealth management business revenue was USD 6 billion, a year-on-year increase of 46.34%.</p><p>In contrast, the revenue growth rate of JPMorgan Chase and Wells Fargo can only be said to be quite satisfactory. Although Citi's revenue declined year-on-year, it also exceeded market expectations. The obvious feature of the three banks is that the performance of net profit has shocked the market,<b>The main reason is the release of credit loss provisions mentioned earlier.</b></p><p>According to the quarterly report, the revenue of JPMorgan Chase and Wells Fargo in the first quarter was $33.1 billion and $18.1 billion respectively, up 14% and 2% year-on-year respectively, while the net profits of the two companies were $14.3 billion and $4.7 billion respectively, up nearly 400% and 626% year-on-year respectively. Looking at Citibank again, Citi's revenue in the first quarter fell by 7% year-on-year to $19.3 billion, but its net profit increased by 216% year-on-year to $7.9 billion.</p><p>JPMorgan Chase's surge in net income was mainly due to the release of provision for credit losses<b>$5.2 billion,</b>accounted for 36% of net income in the quarter, compared with a $6.8 billion increase in credit loss provisions in the same period last year. Excluding the boost to the company's quarterly profit from the loan loss reserve release, the company's quarterly earnings per share would be less than $3, miss the market expectation.</p><p>Wells Fargo released about $1.6 billion in credit loss provisions, or 34% of current profits, after adding about $3.1 billion in credit loss provisions in the same period last year.</p><p>The situation is similar for Citi. Citi's first-quarter revenue decline was due to different degrees of decline in global consumer banking, institutional client business and corporate and other three divisions. Among them, the most eye-catching businesses were investment banking and stock trading revenue, both of which set records. Among them, revenue from investment banking jumped 46% to $1.97 billion, and revenue from stock trading rose 26% year-on-year to $1.48 billion. It is also the fastest-growing business within Citi year-on-year.</p><p>The 'secret weapon' of the overall decline in revenue but the substantial increase in net profit is also credit loss provision. According to the financial report, in the first quarter, Citi's credit loss provision released 3.85 billion USD, accounting for 49% of the current profit, and the new credit loss provision in the same period last year was about 4.9 billion USD.</p><p><b>What factors to watch for in the second quarter</b></p><p><b>1. Can the high growth of investment banking and trading income continue?</b></p><p>As previously analyzed, one of the reasons for the big increase in bank performance in the first quarter was the big increase in investment banking and trading income. Will this factor fall back in the second quarter?</p><p>First of all, let's look at the investment banking business. Market analysts believe that swept US stocks in the first quarter<b>SPAC</b>The wave is the main factor boosting the investment banking business. Considering the recent changes in the regulatory environment, this part of the strong performance will be difficult to continue in the second quarter.</p><p>Followed by trading income. Recently, JPMorgan Chase CEO Jamie Dimon and Morgan Stanley CEO James Gorman said that trading revenue will eventually slow down after experiencing extremely strong growth.</p><p><b>2. The inflation data exploded. Will the Fed's accelerated tightening of liquidity drive a substantial increase in the performance of bank stocks?</b></p><p>Among bank stocks, JPMorgan Chase, Wells Fargo and Citi account for a certain proportion of interest-related revenue, so they are relatively sensitive to interest rates. In the first quarter, the interest income of all three banks decreased. Among them, JPMorgan Chase's interest income fell by 11% year-on-year to $13 billion, accounting for 39% of the total revenue; Wells Fargo's interest income slipped 22% year over year to $8.8 billion, or 49% of total revenue. Citi's interest-related revenue in the first quarter was $7.52 billion, accounting for 40% of total revenue. The main reason for the decline in income is that the Federal Reserve has kept monetary easing and interest rates have been low for a long time.</p><p>Inflation data continued to move higher as the economy gradually recovered. Rising inflation has triggered rate hike expectations, and widening interest spreads will boost bank profitability. In the period of continuous inflation, the degree of monetary policy easing will gradually converge, and the 10-year Treasury Bond interest rate will increase. At present, in January, PPI turned from negative to positive year-on-year, the 10-year Treasury Bond interest rate continued to increase, the rate hike expectation was improved, and the possibility of subsequent bank interest spread expansion was increasing. It is expected that the profitability of banks will improve in 2021.</p><p><b>3. Is there room for release of credit loss provision?</b></p><p>Another question to be concerned about in the second quarter is, is there still room for bank credit loss provisions to be released? Let's take Citi as an example for your reference. Citi's sharp increase in credit loss provision was in the first and second quarters of 2020, including an increase of $4.9 billion in the first quarter and $5.6 billion in the second quarter, with a total increase of $10.5 billion. In the third quarter, it basically returned to normal and increased the provision for credit losses of USD 300 million.</p><p>Since the fourth quarter, with the economic recovery, banks have returned to optimism about the repayment ability of enterprises, and released credit loss provisions for two consecutive quarters (the released credit loss provisions can be understood as directly increasing the net profit of banks), of which about 1.5 billion dollars were released in the first quarter, about 3.9 billion dollars were released in the second quarter, and about 5.4 billion dollars were released in two consecutive quarters, which still has some room for release compared with the previous additional 10.5 billion dollars.</p><p>To put it another way, Citi's provision for credit losses was $21.6 billion at the end of the first quarter, accounting for 3.29% of total loans, compared with $20.4 billion at the end of the previous year, accounting for 2.84% of total loans. It can also be speculated that there is still room for adjustment of Citi's credit loss provision, but considering that the repayment ability of enterprises may be affected after the epidemic, this proportion may not necessarily recover to before the epidemic in the short term.</p><p><b>It should be noted that the provision for credit losses is just a financial game, and its short-term boost to profits does not represent an improvement in the profitability of banks.</b></p><p>In addition to the impact of fundamentals,<b>Bank stocks recently passed the minimum risk level test set by the Federal Reserve, and the Fed's temporary restrictions on paying Dividend and buying back shares also expired on June 30.</b>It is not excluded that this positive and financial performance are superimposed, which will bring a wave of market prices to bank stocks.</p><p>In the long run, the core investment logic of bank stocks is macroeconomy. As optimistic as the Federal Reserve, it expects the U.S. economy to grow by 7% this year. The Fed's Beige Book survey report in early June pointed out that from early April to late May, the U.S. national economy expanded at a moderate rate, slightly higher than the previous reporting period. Employment population growth has been relatively steady, with the strongest job growth in food services, hospitality and retail as the spread of the coronavirus continues to slow. According to data, consumer confidence in the United States rose to the highest level since the outbreak of COVID-19 more than a year ago in June. This raised expectations for strong economic growth in the second quarter.</p><p>However, the latest article of Caijing magazine pointed out that the current economic recovery in the United States is very strong, but a considerable part of the impetus comes from aggressive fiscal and monetary policies. The improvement of the epidemic situation has brought a strong rebound in consumption, but there is still a significant gap between the level before the epidemic. The sustainability of consumption growth in the United States will be tested as fiscal stimulus and business restarts finally subside, and the outlook for rate hike becomes clearer.</p><p><a href=\"https://laohu8.com/S/03329\">BOCOM International</a>Hong Hao, chief economist, said in an interview with China Business News recently,<b>The United States is weathering a double test of inflation and an economic shifting.</b>From the financial perspective, even if the Federal Reserve is still maintaining a loose policy, it is tightening marginally.<b>Whether Treasury Bond yields go up or down, it signals a risk event in the second half of the year.</b>Going up may mean that inflation is not well controlled, and going down may mean that the economic shift is much worse than everyone expected.</p><p><b>What does Bloomberg think of the performance of bank stocks in the second quarter?</b></p><p><ul><li><b>Goldman Sachs:</b>In the second quarter, Goldman Sachs had revenue of $12.044 billion, adjusted net income of $3.342 billion, and adjusted earnings per share of $9.49.</li><li><b>Morgan Stanley:</b>In the second quarter, Morgan Stanley had revenue of $14.056 billion, adjusted net income of $3.061 billion, and adjusted earnings per share of $1.64.</li><li><b>JPMorgan:</b>In the second quarter, JPMorgan had revenue of $30.014 billion, adjusted net income of $9.330 billion, and adjusted earnings per share of $3.03.</li><li><b>Wells Fargo:</b>In the second quarter, Wells Fargo had revenue of $17.807 billion, adjusted net income of $3.847 billion, and adjusted earnings per share of $0.93.</li><li><b>Citi:</b>Bloomberg's consensus expectation is that Citi's revenue in the second quarter will be $17.568 billion, adjusted net income will be $4.197 billion, and adjusted earnings per share will be $2.01.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ea8ff3198bf54d8306edaaafd4de597\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>Goldman Sachs</span></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da08201c088bfc76f2e125cb40688f99\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>Morgan Stanley</span></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d75855beae9bd8dc28a09d9c146c6c79\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>JPMorgan Chase</span></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a42ae14bb976481d57ddde2b7adabb61\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>Wells Fargo</span></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62f32d60cd04a0250b7605cda9ec35c2\" tg-width=\"1918\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><span>Citigroup</span></p><p><b>Attachment: Performance details of bank stocks in the first quarter</b></p><p><ul><li><b>Goldman Sachs:</b>Goldman's net revenue in the first quarter was $17.7 billion, a record high, an increase of 102% compared with $8.74 billion in the same period last year, far higher than the market estimate of $12.55 billion. In the first quarter, Goldman Sachs' net income for common shareholders reached $6.711 billion, or $18.60 per share, a 498% jump year over year.</li><li><b>Morgan Stanley:</b>Morgan Stanley's net income in the first quarter was $15.72 billion, up 65% year-over-year and higher than Bloomberg's estimate of $13.954 billion; Net profit was $4.12 billion, surging by 142.6% year-on-year, exceeding Bloomberg's expectation of $4.04 billion; Earnings of $2.19 per share beat market estimates of $1.68 and $1.01 a year earlier.</li><li><b>JPMorgan:</b>JPMorgan Chase's first-quarter 2021 revenue of $33.12 billion, up 14% year-over-year, and expected to be $30.52 billion; Net profit was US$14.3 billion, up 399% year-on-year and 18% month-on-month; Earnings per share were $4.5, compared to the market estimate for earnings of $3.06 and $0.78 in the year-ago quarter.<b>Excluding the boost to the company's quarterly profit from the loan loss reserve release, the company's quarterly earnings per share would be less than $3, miss the market expectation.</b></li><li><b>Wells Fargo</b>: Wells Fargo's revenue in the first quarter of 2021 was US$18.063 billion, compared with US$17.717 billion in the same period last year, and the market expectation was US$17.524 billion; Net profit was $4.742 billion, compared with $653 million in the same period last year, far exceeding Bloomberg's expectation of $2.943 billion; Diluted earnings per share was 1 cent, which already included-$0.73/share of reserves and securities business losses established due to market and economic conditions, in addition to the impact of-$0.06/share of redemption of Class K preferred shares.</li><li><b>Citi:</b>Citi's revenue in the first quarter was $19.3 billion, down 7% year-on-year, but better than the market expectation of $18.8 billion; Net profit in the first quarter was $7.9 billion, compared with $2.5 billion in the same period last year; Earnings of $3.62 per share were up 242% year over year and better than analysts' expectations of $2.60.</li></ul></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/69af882c29a3ff047224139fe1096d17","relate_stocks":{"GS":"高盛","WFC":"富国银行","JPM":"摩根大通","MS":"摩根士丹利","C":"花旗"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146964848","content_text":"7月6日消息，美股新一轮财报季即将拉开帷幕，打头阵的依然是投资者熟悉的银行股。在经济复苏和加息时间表提前两大利好之风推动下，银行股业绩能乘势而起吗？\n（其中，高盛、摩根大通、富国银行将于7月13日美股盘前发布财报，花旗将于7月14日美股盘前发布财报，摩根士丹利将于7月15日美股盘前发布财报。）\n一季度业绩回顾\n总体来看，一季度大型银行股业绩表现均比较亮眼，且超出市场预期。主要原因在于两个方面，其一，交易和投行收入大增，这点除富国银行外，其他四家银行股都比较明显。其二，信贷损失拨备释放对利润的提振，典型的如花旗和摩根大通和富国银行 。\n一季度业绩表现最好的当属高盛，主要原因是前面我们提到过的投行和交易收入大增。其中，投行营收37.71亿美元，同比增长73%；全球交易收入75.8亿美元，同比增长47%。其中，股票销售和交易同比大增68%至36.9亿美元；而固收、外汇和大宗商品类（FICC）营收同比增长31%至38.9亿美元。\n虽然摩根士丹利增速不及高盛，但其业绩增长也呈很强的爆发性。与高盛相同的是，其业绩增长也主要由投行和股票交易收入驱动。一季度业绩显示，摩根士丹利营收157.2亿美元，同比增长65%。营收增长的主要来源于三部分，其中投行业务营收26.13亿美元，同比增长128.41%；股票交易收入15.02亿美元，同比增长347.02%，还有就是财富管理业务营收60亿美元，同比增加46.34%。\n相比之下，摩根大通和富国银行的营收增速只能说是中规中矩，虽然花旗营收同比出现下滑，但也超出了市场的预期。三家银行很明显的特征是，净利润的表现令市场大为震惊，主要原因，就是此前提到的信贷损失拨备的释放。\n一季报显示，摩根大通和富国银行一季度营收分别为331亿和181亿美元，同比分别增长14%和2%，而两家公司的净利润分别为143亿美元和47亿美元，同比分别大涨近400%和626%。再来看花旗银行，花旗一季度营收同比下滑7%至193亿美元，但净利润同比增长216%至79亿美元。\n摩根大通净利润大增的主要原因是信贷损失拨备释放了52亿美元，占当季度净利润的36%，而去年同期信贷损失拨备增加了68亿美元。如果扣除贷款损失准备金释放对公司季度利润的提振，公司季度每股盈利将低于3美元，不及市场预期。\n富国银行释放了约16亿美元的信贷损失准备，占当期利润的34%，去年同期新增约31亿美元的信贷损失准备。\n花旗的情况也类似。花旗一季度营收下滑的原因是全球消费者银行、机构客户业务和企业及其他三个部门均出现不同程度的下滑。其中，表现最亮眼的业务是投行和股票交易营收，二者均创记录。其中，投行业务收入猛增46%至19.7亿美元，股票交易收入同比增长26%至14.8亿美元。也是花旗内部同比增速最快的业务。\n营收整体下滑，净利润却实现大幅增长的‘秘密武器’也是信贷损失拨备，财报显示，一季度花旗信贷损失拨备释放了38.5亿美元，占当期利润的49%，去年同期新增信贷损失拨备约49亿美元。\n二季度哪些因素值得关注\n1、投行和交易收入高增长能否继续？\n如前分析，一季度银行业绩大增的一个原因是投行和交易收入的大增，这个因素在二季度会回落吗？\n首先来看下投行业务。市场分析认为，一季度席卷美股的SPAC浪潮是提振投行业务的主要因素，考虑到最近监管环境的变化，这部分强劲表现将很难在二季度延续。\n其次是交易收入。近日，摩根大通CEO杰米·戴蒙和摩根士丹利CEO詹姆斯·戈尔曼表示，交易收入在经历了极其强劲的增长后最终会放缓。\n2、通胀数据爆表，美联储加速收紧流动性会否带动银行股业绩大幅增长？\n银行股中，摩根大通、富国银行和花旗利息相关的营收占比达到一定规模，因此对利率也相对敏感。一季度，三家银行的利息收入都是减少的。其中，摩根大通利息收入同比下滑11%至130亿美元，占总营收的39%；富国银行利息收入同比下滑22%至88亿美元，占总营收的49%。花旗一季度利息相关的收入为75.2亿美元，占总营收的40%。收入下滑的主要原因是，美联储维持货币宽松，利率长期处于较低水平。\n随着经济逐渐恢复，通胀数据连续走高。通胀上行引发加息预期，息差扩大将会提升银行盈利能力。在通胀持续走高阶段，货币政策宽松程度将会逐渐收敛，同时十年期国债利率水平将会提高。目前1月PPI同比由负转正，十年期国债利率持续提升，加息预期有所提升，后续银行息差走扩的可能性正在增强，预计2021年银行盈利能力将会提升。\n3、信贷损失拨备是否还有释放空间？\n二季度需要关心的另一个问题是，银行信贷损失拨备是否还有释放空间？我们以花旗为例给大家做参考。花旗大幅调高信贷损失拨备是在2020年的一季度和二季度，其中，一季度增加了49亿美元，二季度增加56亿美元，共计增加105亿美元。三季度基本回归常态新增3亿美元的信贷损失拨备。\n从四季度开始，随着经济复苏，银行对企业还款能力重回乐观，连续两个季度释放信贷损失拨备（释放的信贷损失拨备可以理解为直接增加银行净利润），其中，一季度释放约15亿，二季度释放约39亿美元，连续两个季度释放约54亿美元，较此前新增的105亿美元仍有一定的释放空间。\n换一个角度看，花旗的信贷损失准备金在一季度末为 216亿美元，占贷款总额的 3.29%，上年末为 204亿美元，占贷款总额的 2.84%。也可以推测，花旗信贷损失拨备仍有调整空间，但考虑到疫情之后企业还款能力可能受到影响，短期内这一比例并不一定能恢复至疫情之前。\n需要看到的是，信贷损失拨备不过只是财务游戏，其短期对利润的提振并不能代表银行盈利能力的改观。\n除了基本面的影响，银行股近日通过了美联储设定的最低风险水平测试，美联储对其支付股息和回购股票的临时限制也在6月30日到期。不排除这一利好和财报业绩叠加，给银行股带来一波行情。\n长期看，银行股核心投资逻辑还是宏观经济。乐观如美联储，预计今年美国经济将增长7%。美联储6月初的褐皮书调查报告指出，从4月初到5月下旬，美国国民经济以温和的速度扩张，增速略高于前一个报告期。就业人口增幅相对稳定，随着新冠病毒传播继续放缓，食品服务业、酒店业和零售业的就业增长最为强劲。有数据显示，美国6月消费者信心上升至一年多前新冠肺炎疫情暴发以来的最高水平。这提高了人们对二季度经济强劲增长的预期。\n不过，《财经》杂志最新撰文指出，当前美国的经济复苏势头很强劲，但动力中相当一部分来自激进的财政货币政策。疫情改善带来一轮强烈消费反弹，但是距离疫情前的水平仍有明显差距。随着财政刺激和企业重新开工对消费的拉动最终消退，以及加息前景越来越明确化，美国消费增长的可持续性将会面临考验。\n交银国际首席经济学家洪灏近日在接受第一财经采访时表示，美国正在经受通胀和经济换挡的双重考验。从资金面看，美联储即便还在保持宽松的政策，但是边际来说是在收紧。无论国债收益率向上走还是向下走，都预示着下半年有一个风险事件。往上走可能意味着通胀没有控制好，往下走可能意味着经济换挡比大家预期要糟糕的多。\n彭博社怎么看二季度银行股业绩表现？\n\n高盛：二季度高盛营收120.44亿美元，调整后净利润33.42亿美元，调整后每股收益9.49美元。\n摩根士丹利：二季度摩根士丹利营收140.56亿美元，调整后净利润30.61亿美元，调整后每股收益1.64美元。\n摩根大通：二季度摩根大通营收300.14亿美元，调整后净利润93.30亿美元，调整后每股收益3.03美元。\n富国银行：二季度富国银行营收178.07亿美元，调整后净利润38.47亿美元，调整后每股收益0.93美元。\n花旗：彭博社一致预期，二季度花旗营收175.68亿美元，调整后净利润41.97亿美元，调整后每股收益2.01美元。\n\n高盛\n \n摩根士丹利\n摩根大通\n富国银行\n花旗\n附：一季度银行股业绩明细\n\n高盛：高盛第一季度净营收177亿美元，创历史新高，和去年同期的87.4亿美元相比，涨幅达102%，远高于市场预估的125.5亿美元。第一季度，高盛普通股股东净利润达到67.11亿美元，每股收益18.60美元，同比大增498%。\n摩根士丹利：摩根士丹利第一季度净收入157.2亿美元，同比增长65%，高于彭博社预期的139.54亿美元；净利润为41.2亿美元，同比狂增142.6%，超出彭博社预期的40.4亿美元；每股收益2.19美元，超出市场预期的1.68美元，上年同期1.01美元。\n摩根大通：摩根大通2021年第一季度营收331.2亿美元，同比增长14%，预期为305.2亿美元；净利润143亿美元，同比增长399%，环比增长18%；每股盈利4.5美元，市场预期盈利3.06美元，去年同期0.78美元。如果扣除贷款损失准备金释放对公司季度利润的提振，公司季度每股盈利将低于3美元，不及市场预期。\n富国银行：富国银行2021年一季度营收180.63亿美元，去年同期177.17亿美元，市场预期为175.24亿美元；净利润47.42亿美元，去年同期6.53亿美元，远超彭博社预期的29.43亿美元；稀释后每股收益为1美分，其中已经包含了-0.73美元/股受到市场和经济状况影响建立的准备金与证券业务亏损，此外还包括了-0.06美元/股赎回K类优先股的影响。\n花旗：花旗一季度营收193亿美元，同比下降7%，但好于市场预期的188亿美元；一季度净利润79亿美元，去年同期为25亿美元；每股收益3.62美元，同比大增242%，且好于分析师预期的2.60美元。","news_type":1,"symbols_score_info":{"GS":0.9,"MS":0.9,"JPM":0.9,"WFC":0.9,"C":0.9}},"isVote":1,"tweetType":1,"viewCount":3183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127743301,"gmtCreate":1624871175603,"gmtModify":1703846679674,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ?","listText":"? ? ? ?","text":"? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127743301","repostId":"2146881622","repostType":4,"repost":{"id":"2146881622","kind":"news","pubTimestamp":1624870410,"share":"https://ttm.financial/m/news/2146881622?lang=en_US&edition=fundamental","pubTime":"2021-06-28 16:53","market":"us","language":"zh","title":"Is it going to be eliminated by the times? The world's most bullish company loses $22.4 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2146881622","media":" 正解局","summary":"2005年，美国有3家石化企业跻身前十强；2020年，全部出局。正解局原创\n14年前左右，全球最牛的公司是埃克森美孚。\n这家石油公司，2006年营业收入高居全球第一，2007年市值又高居全球第一，风头","content":"<p>In 2005, three petrochemical enterprises in the United States ranked among the top ten; In 2020, all out. Positive Solution Original</p><p>Around 14 years ago, the world's best company was<a href=\"https://laohu8.com/S/XOM\">ExxonMobil</a>。</p><p>This oil company, whose operating income ranked first in the world in 2006 and its market value ranked first in the world in 2007, has been in the limelight for a while.</p><p>Today, ExxonMobil's market value has shrunk in half, and its operating income in 2020 lost $22.4 billion.</p><p>What has ExxonMobil done wrong in just over a decade?</p><p>Is it really hard for petrochemical enterprises?</p><p><img src=\"https://static.tigerbbs.com/1ffefa502a3b3b7343aa17156a17e8d6\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\">Exxon Mobil, from a famous family.</p><p>Its predecessor was the famous Standard Oil Company founded by Rockefeller.</p><p>The largest crude oil producer in the United States has a monopoly on 95% of U.S. refining capacity, 90% of oil transportation capacity and 25% of crude oil production.</p><p>The strength of monopoly is unprecedented and unprecedented in the history of the United States.</p><p>Because it was so powerful, in 1911, the Standard Oil empire was split into about 37 regional oil companies.</p><p>Among them, the largest one is Exxon (Standard Oil of New Jersey).</p><p>The general trend of the world, if you are together for a long time, you will be divided, and if you are divided for a long time</p><p>In 1999, Exxon Oil (New Jersey Standard Oil) merged with Mobil Oil to form Exxon Mobil Corporation, which became the world's largest oil company again.</p><p>A Big Mac is a Big Mac. The year after the merger, ExxonMobil landed on the Fortune Global 500 list, ranking third.</p><p><img src=\"https://static.tigerbbs.com/de976cf6d27f46cb0cf233283bc0397d\" tg-width=\"435\" tg-height=\"539\" referrerpolicy=\"no-referrer\">Top 10 of the world's top 500 list in 2000</p><p>Since then, ExxonMobil has been in the top five of the World 500 list all the year round. In 2006, it ranked first in the world in one fell swoop.<img src=\"https://static.tigerbbs.com/a05d48e79c0f57ea523f43697f69fdfa\" tg-width=\"660\" tg-height=\"665\" referrerpolicy=\"no-referrer\">Top 10 of the 2006 World's Top 500 List</p><p>2007 was also the highlight moment of ExxonMobil, with its market value ranking first in the world, reaching $525 billion at its peak.</p><p>It is such an awesome company. The 2020 financial report showed a loss of 22.44 billion US dollars, which is the first loss since the merger, and it may also be one of the most losing companies in the world.</p><p>The latest market cap is only $273.9 billion, only half of its peak.</p><p><img src=\"https://static.tigerbbs.com/93e38d7e4eaef842e365b7effdf8da04\" tg-width=\"840\" tg-height=\"470\">At $272.4 billion, ExxonMobil barely reaches the top spot<a href=\"https://laohu8.com/S/AAPL\">Apple</a>1/10th of the $2.24 trillion market cap.</p><p>In order to cope with the losses, ExxonMobil decided to lay off employees, suspend bonuses and sell assets to save itself.</p><p>ExxonMobil also plans to reduce headcount in its U.S. offices by 5% to 10% annually over the next three to five years, after announcing in 2020 that it will cut 14,000 jobs worldwide by 2022.</p><p>ExxonMobil's U.S. office lays off between 1,000 and 3,000 people a year, according to its workforce composition.</p><p>ExxonMobil has also taken measures such as suspending bonuses and stopping employee contribution matching to 401k savings plans.</p><p>In addition, ExxonMobil will sell stakes in 15 oil fields to get some blood back.<img src=\"https://static.tigerbbs.com/896a25d58495644c16903bb72d3ef94d\" tg-width=\"554\" tg-height=\"370\" referrerpolicy=\"no-referrer\">ExxonMobil Chemical Plant in Baytown, Texas</p><p>Average employees are at risk of losing their jobs, and times are tough at the top.</p><p>It comes after ExxonMobil replaced a quarter of its board over climate and financial concerns.</p><p><img src=\"https://static.tigerbbs.com/c3e19a6be56cb21660acb2bd3624b49d\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\"></p><p>Exxon Mobil loses money, there is an element of chance.</p><p>You know, in 2019, they also made a net profit of $14.340 billion.</p><p>Huge loss in 2020, this accidental factor is the COVID-19 epidemic.</p><p>Affected by the epidemic, the demand for oil has declined, and the international oil price has also plummeted. For details, see the article \"Sending 84 giant ships to bargain for oil, China becomes the biggest winner of the\" oil war \"?\"</p><p><img src=\"https://static.tigerbbs.com/e36c5ed02f7d9f7a3b6803cee6cead1d\" tg-width=\"660\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p>Crude oil price trend chart in recent years</p><p>With sales falling and prices falling, ExxonMobil's revenue was naturally greatly affected.</p><p>You see, as the epidemic was gradually controlled, the international oil price began to rise, and Exxon Mobil's revenue began to \"come back to life\" again.</p><p>The company's fiscal first quarter of 2021 showed net income attributable to ordinary shareholders of $2.730 billion.</p><p>If we go back to 2019 before the pandemic, it will be found that ExxonMobil's net income is also down compared to 2018.</p><p>Together with its declining market value, Exxon Mobil's recession is the general trend.</p><p>Therefore, there must be intrinsic factors behind Exxon's recession.</p><p>One, investment failure.</p><p>Energy companies like petrochemicals are in the business of buying and selling energy.</p><p>If you want to develop well, you have to rely on the annexation and expansion of production by the ancestor Rockefeller.</p><p>ExxonMobil has indeed inherited this very well. In the early days, the two companies merged and rose to the top of the world's largest oil company.</p><p>In the subsequent operation, ExxonMobil has continuously purchased high-quality upstream oil and gas assets, playing the wishful thinking of \"buying low and selling high\".</p><p>However, sometimes heaven's calculation is not as good as man.</p><p>In 2009, taking advantage of the international financial crisis, ExxonMobil spent $41 billion to acquire XTO Energy Company of the United States, and won fracturing technology and precious natural gas fields.</p><p>Originally, I expected to rely on natural gas to rise and make a fortune. Who would have imagined that it was copied on the top of the mountain.</p><p>As commodity prices fell in the years since, ExxonMobil Investments fell into the red, eventually withdrawing most of its investments.</p><p>Between 2009 and 2019, ExxonMobil spent $261 billion in capital expenditures, according to investment bank Evercore ISI.</p><p>Not only did oil and gas production not expand much, but it increased the debt by $45 billion.</p><p><img src=\"https://static.tigerbbs.com/a59dc22a96ff6d5e35155840a6e88e07\" tg-width=\"554\" tg-height=\"738\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1ee1f70017b5261ef909bca6227bfdfa\" tg-width=\"601\" tg-height=\"800\" referrerpolicy=\"no-referrer\"></p><p>ExxonMobil's Investments vs. Debt</p><p>Second, strategic mistakes.</p><p>ExxonMobil is very radical in investing in oil and gas resources, and very conservative in new energy.</p><p>Like other American oil companies, Exxon Mobil also believes that the demand for oil and gas energy will not decrease in the short term, and it is foolish to switch to new energy sources.</p><p>ExxonMobil is indeed stubborn. On the one hand, it looks down on new energy, and on the other hand, it invests $1 billion every year in the research of \"carbon capture and storage technology\".</p><p><img src=\"https://static.tigerbbs.com/7b9047c394c310e89c3534276bbb39c4\" tg-width=\"660\" tg-height=\"317\" referrerpolicy=\"no-referrer\"></p><p>Schematic diagram of \"Carbon Capture and Storage Technology\"</p><p>This technology, in simple terms, is to collect carbon dioxide produced by industrial life activities and store it in various ways to avoid its emission into the atmosphere.</p><p>ExxonMobil's little thought is that since the reason for not allowing oil to be used is for fear of carbon emissions, I simply capture and store the carbon so that I can let oil be used.</p><p>The ideal is plump, the reality is skinny.</p><p>This technology has been researched for forty or fifty years, and there has been little substantial progress.</p><p>ExxonMobil presumably \"ordered the wrong tech tree\".</p><p>The butt determines the head, it is really bad.</p><p><img src=\"https://static.tigerbbs.com/e76a5235faa31191b4c32e86aa9e1632\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\"></p><p>Does ExxonMobil's recession mean that petrochemical enterprises are having a hard time?</p><p>American petrochemical companies, to be precise, are having a hard time.</p><p>Let's first look at the 2006 Fortune 500, with ExxonMobil ranking first in the world.</p><p>Another noteworthy situation is that in the top ten, Royal Dutch Shell,<a href=\"https://laohu8.com/S/BP\">BP</a>Company,<a href=\"https://laohu8.com/S/CVX\">Chevron</a>Company, United States<a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>The companies are all petrochemical enterprises.</p><p>That is to say, in 2006, among the ten largest companies in the world, petrochemical enterprises accounted for five.</p><p><img src=\"https://static.tigerbbs.com/a05d48e79c0f57ea523f43697f69fdfa\" tg-width=\"660\" tg-height=\"665\" referrerpolicy=\"no-referrer\"></p><p>Top 10 of the 2006 World's Top 500 List</p><p>Looking at the 2020 list again, among the top ten, petrochemical enterprises still occupy 5 seats.</p><p><img src=\"https://static.tigerbbs.com/1c6271323e9fc6dd54a697ead7c24fc9\" tg-width=\"593\" tg-height=\"735\" referrerpolicy=\"no-referrer\"></p><p>Top 10 of the 2020 World's Top 500 List</p><p>However, American enterprises have changed a lot.</p><p>In 2005, three petrochemical enterprises in the United States ranked among the top ten; In 2020, all out.</p><p>The collective decline of petrochemical enterprises in the United States can be analyzed in another article.</p><p>The conservation of American petrochemical enterprises may be one of the reasons.</p><p>Unlike sticking to the oil and gas field, European petrochemical enterprises have taken the lead.</p><p>BP has announced that it will increase its investment in low-emission businesses 10-fold to $5 billion a year over the next 10 years, while reducing oil and gas production by 40%.</p><p><a href=\"https://laohu8.com/S/SNP\">Sinopec</a>、<a href=\"https://laohu8.com/S/PTR\">PetroChina</a>Also in transition.</p><p>Recently,<a href=\"https://laohu8.com/S/600028\">Sinopec Corp</a>A plan was announced to deploy 5,000 charging and swapping stations, 1,000 hydrogen refueling stations or oil-hydrogen joint construction stations, and 7,000 distributed photovoltaic power generation stations by 2025.</p><p><img src=\"https://static.tigerbbs.com/b7dc7c42418bdd914f31fab0e6a0e600\" tg-width=\"500\" tg-height=\"326\" referrerpolicy=\"no-referrer\"></p><p>Battery swap station in Sinopec gas station</p><p><a href=\"https://laohu8.com/S/601857\">PetroChina</a>It has also explored the \"oil + electricity\" transformation in many provinces and cities across the country, put into operation comprehensive energy supply service stations, and combined gas stations and charging piles into one to provide services for new energy vehicle owners.</p><p>This inward strategic transformation requires courage and is also an important measure to hedge the risks of the traditional petrochemical industry.</p><p>Low-carbon emission reduction has become the general trend of the times, and the global energy system is undergoing profound changes.</p><p>Ignoring or even resisting this trend will eventually be abandoned by the times. Disclaimer: The content of this article only represents the views of the author of the submitted article, and does not represent the position of Muddy Water. Please indicate the name of the contributor and attach the source of this article (Muddy Waters).<b>Muddy Waters reserves the right to investigate the corresponding responsibilities for those who fail to reprint according to the norms</b></p>","source":"lsy1568269639741","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 it going to be eliminated by the times? The world's most bullish company loses $22.4 billion</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: 12.5px; color: #7E829C; margin: 0;}\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 it going to be eliminated by the times? The world's most bullish company loses $22.4 billion\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\"> 正解局</strong><span class=\"h-time small\">2021-06-28 16:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In 2005, three petrochemical enterprises in the United States ranked among the top ten; In 2020, all out. Positive Solution Original</p><p>Around 14 years ago, the world's best company was<a href=\"https://laohu8.com/S/XOM\">ExxonMobil</a>。</p><p>This oil company, whose operating income ranked first in the world in 2006 and its market value ranked first in the world in 2007, has been in the limelight for a while.</p><p>Today, ExxonMobil's market value has shrunk in half, and its operating income in 2020 lost $22.4 billion.</p><p>What has ExxonMobil done wrong in just over a decade?</p><p>Is it really hard for petrochemical enterprises?</p><p><img src=\"https://static.tigerbbs.com/1ffefa502a3b3b7343aa17156a17e8d6\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\">Exxon Mobil, from a famous family.</p><p>Its predecessor was the famous Standard Oil Company founded by Rockefeller.</p><p>The largest crude oil producer in the United States has a monopoly on 95% of U.S. refining capacity, 90% of oil transportation capacity and 25% of crude oil production.</p><p>The strength of monopoly is unprecedented and unprecedented in the history of the United States.</p><p>Because it was so powerful, in 1911, the Standard Oil empire was split into about 37 regional oil companies.</p><p>Among them, the largest one is Exxon (Standard Oil of New Jersey).</p><p>The general trend of the world, if you are together for a long time, you will be divided, and if you are divided for a long time</p><p>In 1999, Exxon Oil (New Jersey Standard Oil) merged with Mobil Oil to form Exxon Mobil Corporation, which became the world's largest oil company again.</p><p>A Big Mac is a Big Mac. The year after the merger, ExxonMobil landed on the Fortune Global 500 list, ranking third.</p><p><img src=\"https://static.tigerbbs.com/de976cf6d27f46cb0cf233283bc0397d\" tg-width=\"435\" tg-height=\"539\" referrerpolicy=\"no-referrer\">Top 10 of the world's top 500 list in 2000</p><p>Since then, ExxonMobil has been in the top five of the World 500 list all the year round. In 2006, it ranked first in the world in one fell swoop.<img src=\"https://static.tigerbbs.com/a05d48e79c0f57ea523f43697f69fdfa\" tg-width=\"660\" tg-height=\"665\" referrerpolicy=\"no-referrer\">Top 10 of the 2006 World's Top 500 List</p><p>2007 was also the highlight moment of ExxonMobil, with its market value ranking first in the world, reaching $525 billion at its peak.</p><p>It is such an awesome company. The 2020 financial report showed a loss of 22.44 billion US dollars, which is the first loss since the merger, and it may also be one of the most losing companies in the world.</p><p>The latest market cap is only $273.9 billion, only half of its peak.</p><p><img src=\"https://static.tigerbbs.com/93e38d7e4eaef842e365b7effdf8da04\" tg-width=\"840\" tg-height=\"470\">At $272.4 billion, ExxonMobil barely reaches the top spot<a href=\"https://laohu8.com/S/AAPL\">Apple</a>1/10th of the $2.24 trillion market cap.</p><p>In order to cope with the losses, ExxonMobil decided to lay off employees, suspend bonuses and sell assets to save itself.</p><p>ExxonMobil also plans to reduce headcount in its U.S. offices by 5% to 10% annually over the next three to five years, after announcing in 2020 that it will cut 14,000 jobs worldwide by 2022.</p><p>ExxonMobil's U.S. office lays off between 1,000 and 3,000 people a year, according to its workforce composition.</p><p>ExxonMobil has also taken measures such as suspending bonuses and stopping employee contribution matching to 401k savings plans.</p><p>In addition, ExxonMobil will sell stakes in 15 oil fields to get some blood back.<img src=\"https://static.tigerbbs.com/896a25d58495644c16903bb72d3ef94d\" tg-width=\"554\" tg-height=\"370\" referrerpolicy=\"no-referrer\">ExxonMobil Chemical Plant in Baytown, Texas</p><p>Average employees are at risk of losing their jobs, and times are tough at the top.</p><p>It comes after ExxonMobil replaced a quarter of its board over climate and financial concerns.</p><p><img src=\"https://static.tigerbbs.com/c3e19a6be56cb21660acb2bd3624b49d\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\"></p><p>Exxon Mobil loses money, there is an element of chance.</p><p>You know, in 2019, they also made a net profit of $14.340 billion.</p><p>Huge loss in 2020, this accidental factor is the COVID-19 epidemic.</p><p>Affected by the epidemic, the demand for oil has declined, and the international oil price has also plummeted. For details, see the article \"Sending 84 giant ships to bargain for oil, China becomes the biggest winner of the\" oil war \"?\"</p><p><img src=\"https://static.tigerbbs.com/e36c5ed02f7d9f7a3b6803cee6cead1d\" tg-width=\"660\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p>Crude oil price trend chart in recent years</p><p>With sales falling and prices falling, ExxonMobil's revenue was naturally greatly affected.</p><p>You see, as the epidemic was gradually controlled, the international oil price began to rise, and Exxon Mobil's revenue began to \"come back to life\" again.</p><p>The company's fiscal first quarter of 2021 showed net income attributable to ordinary shareholders of $2.730 billion.</p><p>If we go back to 2019 before the pandemic, it will be found that ExxonMobil's net income is also down compared to 2018.</p><p>Together with its declining market value, Exxon Mobil's recession is the general trend.</p><p>Therefore, there must be intrinsic factors behind Exxon's recession.</p><p>One, investment failure.</p><p>Energy companies like petrochemicals are in the business of buying and selling energy.</p><p>If you want to develop well, you have to rely on the annexation and expansion of production by the ancestor Rockefeller.</p><p>ExxonMobil has indeed inherited this very well. In the early days, the two companies merged and rose to the top of the world's largest oil company.</p><p>In the subsequent operation, ExxonMobil has continuously purchased high-quality upstream oil and gas assets, playing the wishful thinking of \"buying low and selling high\".</p><p>However, sometimes heaven's calculation is not as good as man.</p><p>In 2009, taking advantage of the international financial crisis, ExxonMobil spent $41 billion to acquire XTO Energy Company of the United States, and won fracturing technology and precious natural gas fields.</p><p>Originally, I expected to rely on natural gas to rise and make a fortune. Who would have imagined that it was copied on the top of the mountain.</p><p>As commodity prices fell in the years since, ExxonMobil Investments fell into the red, eventually withdrawing most of its investments.</p><p>Between 2009 and 2019, ExxonMobil spent $261 billion in capital expenditures, according to investment bank Evercore ISI.</p><p>Not only did oil and gas production not expand much, but it increased the debt by $45 billion.</p><p><img src=\"https://static.tigerbbs.com/a59dc22a96ff6d5e35155840a6e88e07\" tg-width=\"554\" tg-height=\"738\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1ee1f70017b5261ef909bca6227bfdfa\" tg-width=\"601\" tg-height=\"800\" referrerpolicy=\"no-referrer\"></p><p>ExxonMobil's Investments vs. Debt</p><p>Second, strategic mistakes.</p><p>ExxonMobil is very radical in investing in oil and gas resources, and very conservative in new energy.</p><p>Like other American oil companies, Exxon Mobil also believes that the demand for oil and gas energy will not decrease in the short term, and it is foolish to switch to new energy sources.</p><p>ExxonMobil is indeed stubborn. On the one hand, it looks down on new energy, and on the other hand, it invests $1 billion every year in the research of \"carbon capture and storage technology\".</p><p><img src=\"https://static.tigerbbs.com/7b9047c394c310e89c3534276bbb39c4\" tg-width=\"660\" tg-height=\"317\" referrerpolicy=\"no-referrer\"></p><p>Schematic diagram of \"Carbon Capture and Storage Technology\"</p><p>This technology, in simple terms, is to collect carbon dioxide produced by industrial life activities and store it in various ways to avoid its emission into the atmosphere.</p><p>ExxonMobil's little thought is that since the reason for not allowing oil to be used is for fear of carbon emissions, I simply capture and store the carbon so that I can let oil be used.</p><p>The ideal is plump, the reality is skinny.</p><p>This technology has been researched for forty or fifty years, and there has been little substantial progress.</p><p>ExxonMobil presumably \"ordered the wrong tech tree\".</p><p>The butt determines the head, it is really bad.</p><p><img src=\"https://static.tigerbbs.com/e76a5235faa31191b4c32e86aa9e1632\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\"></p><p>Does ExxonMobil's recession mean that petrochemical enterprises are having a hard time?</p><p>American petrochemical companies, to be precise, are having a hard time.</p><p>Let's first look at the 2006 Fortune 500, with ExxonMobil ranking first in the world.</p><p>Another noteworthy situation is that in the top ten, Royal Dutch Shell,<a href=\"https://laohu8.com/S/BP\">BP</a>Company,<a href=\"https://laohu8.com/S/CVX\">Chevron</a>Company, United States<a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>The companies are all petrochemical enterprises.</p><p>That is to say, in 2006, among the ten largest companies in the world, petrochemical enterprises accounted for five.</p><p><img src=\"https://static.tigerbbs.com/a05d48e79c0f57ea523f43697f69fdfa\" tg-width=\"660\" tg-height=\"665\" referrerpolicy=\"no-referrer\"></p><p>Top 10 of the 2006 World's Top 500 List</p><p>Looking at the 2020 list again, among the top ten, petrochemical enterprises still occupy 5 seats.</p><p><img src=\"https://static.tigerbbs.com/1c6271323e9fc6dd54a697ead7c24fc9\" tg-width=\"593\" tg-height=\"735\" referrerpolicy=\"no-referrer\"></p><p>Top 10 of the 2020 World's Top 500 List</p><p>However, American enterprises have changed a lot.</p><p>In 2005, three petrochemical enterprises in the United States ranked among the top ten; In 2020, all out.</p><p>The collective decline of petrochemical enterprises in the United States can be analyzed in another article.</p><p>The conservation of American petrochemical enterprises may be one of the reasons.</p><p>Unlike sticking to the oil and gas field, European petrochemical enterprises have taken the lead.</p><p>BP has announced that it will increase its investment in low-emission businesses 10-fold to $5 billion a year over the next 10 years, while reducing oil and gas production by 40%.</p><p><a href=\"https://laohu8.com/S/SNP\">Sinopec</a>、<a href=\"https://laohu8.com/S/PTR\">PetroChina</a>Also in transition.</p><p>Recently,<a href=\"https://laohu8.com/S/600028\">Sinopec Corp</a>A plan was announced to deploy 5,000 charging and swapping stations, 1,000 hydrogen refueling stations or oil-hydrogen joint construction stations, and 7,000 distributed photovoltaic power generation stations by 2025.</p><p><img src=\"https://static.tigerbbs.com/b7dc7c42418bdd914f31fab0e6a0e600\" tg-width=\"500\" tg-height=\"326\" referrerpolicy=\"no-referrer\"></p><p>Battery swap station in Sinopec gas station</p><p><a href=\"https://laohu8.com/S/601857\">PetroChina</a>It has also explored the \"oil + electricity\" transformation in many provinces and cities across the country, put into operation comprehensive energy supply service stations, and combined gas stations and charging piles into one to provide services for new energy vehicle owners.</p><p>This inward strategic transformation requires courage and is also an important measure to hedge the risks of the traditional petrochemical industry.</p><p>Low-carbon emission reduction has become the general trend of the times, and the global energy system is undergoing profound changes.</p><p>Ignoring or even resisting this trend will eventually be abandoned by the times. Disclaimer: The content of this article only represents the views of the author of the submitted article, and does not represent the position of Muddy Water. Please indicate the name of the contributor and attach the source of this article (Muddy Waters).<b>Muddy Waters reserves the right to investigate the corresponding responsibilities for those who fail to reprint according to the norms</b></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/7-k9ecgcKloqfvP1ovs-4w\"> 正解局</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/896a25d58495644c16903bb72d3ef94d","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://mp.weixin.qq.com/s/7-k9ecgcKloqfvP1ovs-4w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146881622","content_text":"2005年，美国有3家石化企业跻身前十强；2020年，全部出局。正解局原创\n14年前左右，全球最牛的公司是埃克森美孚。\n这家石油公司，2006年营业收入高居全球第一，2007年市值又高居全球第一，风头一时无两。\n今天，埃克森美孚市值缩水一半，2020年营业收入更是亏损了224亿美元。\n短短十多年，埃克森美孚做错了什么？\n石化企业，日子真的不好过了吗？\n埃克森美孚，出身名门。\n其前身，便是洛克菲勒创办的大名鼎鼎的标准石油公司。\n这家美国最大的原油生产商，垄断了美国95%的炼油能力、90%的输油能力、25%的原油产量。\n垄断力度之大，在美国历史上，前无古人，亦后无来者。\n因为实在过于强大，1911年，标准石油帝国被拆分为约37家地区性石油公司。\n其中，最大的那一家，便是埃克森（新泽西标准石油）。\n天下大势，合久必分，分久必合。\n1999年，埃克森石油（新泽西标准石油）与美孚石油合并为埃克森美孚公司，摇身一变，又成为了世界第一大石油公司。\n巨无霸就是巨无霸。合并的第二年，埃克森美孚登上了财富世界500强榜单，位列第三名。\n2000年世界500强排行榜前十\n此后，埃克森美孚便常年在世界500榜单前5强。2006年，更是一举跃居世界第一。2006年世界500强排行榜前十\n2007年也是埃克森美孚的高光时刻，市值稳居全球第一，峰值时期曾达到5250亿美元。\n就是这么一家牛逼的公司，2020年的财报显示，亏损224.40亿美元，这是合并以来首次亏损，可能也是全球亏损最多的公司之一。\n最新的市值，也只有2739亿美元，仅为巅峰时期的一半。\n而到如今，埃克森美孚的市值仅为2724亿美元，勉强达到榜首苹果的2.24万亿美元市值的1/10。\n为了应对亏损，埃克森美孚决定裁员、暂停发奖金、卖资产以自救。\n自2020年宣布到2022年在全球裁员14000人之后，埃克森美孚还计划在未来三到五年内，将其美国办事处的员工人数每年减少5%至10%。\n按照埃克森美孚的员工构成，美国办事处每年要裁掉1000到3000人。\n埃克森美孚还采取暂停发放奖金、停止员工对401k储蓄计划的贡献匹配等措施。\n此外，埃克森美孚将出售15个油田的股份，回点血。位于得克萨斯州贝敦的埃克森美孚化工厂\n普通员工面临失业风险，高层的日子也不好过。\n此前，因气候和财务问题，埃克森美孚更换了四分之一的董事会成员。\n\n埃克森美孚亏损，有偶然因素。\n要知道，2019年，他们还赚了143.40亿美元的净利润。\n2020年巨亏，这个偶然因素就是新冠疫情。\n受疫情影响，石油需求下降，国际油价也大跌，具体可看正解局《派84艘巨轮抄底石油，中国成为“石油大战”最大赢家？》这篇文章。\n\n近几年的原油价格走势图\n销量下降，价格又降低，埃克森美孚的营收自然大受影响。\n你看，随着疫情逐步被控制，国际油价开始上升，埃克森美孚的营收，又开始“起死回生”。\n公司2021财年第一财季显示，归属于普通股东净利润为27.30亿美元。\n如果我们回到疫情之前的2019年，会发现，与2018年相比，埃克森美孚的净利润也是下降的。\n再联系其一路下跌的市值，埃克森美孚衰退，已是大势。\n因此，埃克森美孚的衰退背后，肯定有着内在因素。\n其一，投资失败。\n像石化这样的能源企业，做的就是买卖能源的生意。\n要想发展得好，就要靠祖师爷洛克菲勒兼并、扩产那一套。\n埃克森美孚确实很好地继承了这一点，早期便是两家合并，一举登顶全球最大石油企业。\n在此后的经营中，埃克森美孚不断购买优质上游油气资产，打的是“低买高卖”的如意算盘。\n然而，有时候人算不如天算。\n2009年，趁着国际金融危机，埃克森美孚豪掷410亿美元收购美国XTO能源公司，拿下压裂技术和珍贵的天然气田。\n本来期望靠天然气大涨，狠赚一把。谁承想，抄在了山顶。\n随着此后几年大宗商品价格的下跌，埃克森美孚投资陷入亏损，最终撤销了大部分投资。\n投资银行Evercore ISI的数据显示，2009年至2019年期间，埃克森美孚的资本支出为2610亿美元。\n不仅油气产量没扩大多少，反而增加了450亿美元的债务。\n\n埃克森美孚的投资与债务\n其二，战略失误。\n埃克森美孚在投资油气资源上，非常激进，在新能源上，又很保守。\n如其他美国石油企业一样，埃克森美孚也认为，短期内，油气能源需求不会减少，转向新能源是愚蠢。\n埃克森美孚确实比较顽固，一方面看不上新能源，另一方面每年投资10亿美元在“碳捕获与封存技术”研究上。\n\n“碳捕获与封存技术”示意图\n这项技术，简单来说，就是将工业生活活动所产生的二氧化碳收集起来，并用各种方法储存，以避免其排放到大气中。\n埃克森美孚的小心思是，既然不让用石油的原因是怕碳排放，那我索性把碳捕捉并封存起来，这样就可以让用石油了。\n理想很丰满，现实很骨感。\n这项技术研究了四五十年，也没什么实质性的进展。\n埃克森美孚大概是“点错了科技树”。\n屁股决定脑袋，实在要不得。\n\n埃克森美孚的衰退，是不是意味着石化企业，日子不好过了？\n准确地说，是美国石化企业，日子不好过了。\n还是先看2006年世界500强，埃克森美孚位居世界第一。\n另一个值得注意的情况是，前十强中，荷兰皇家壳牌石油公司、英国石油公司、雪佛龙公司、美国康菲石油公司都是石化企业。\n也就是说，2006年全球最大的十家公司，石化企业独占5家。\n\n2006年世界500强排行榜前十\n再看2020年榜单，前十强中，石化企业依然占据5席。\n\n2020年世界500强排行榜前十\n只是，美国企业变化比较大。\n2005年，美国有3家石化企业跻身前十强；2020年，全部出局。\n美国石化企业的集体性衰退，可以另写一篇文章分析。\n美国石化企业的保守，可能是原因之一。\n与固守油气领域不同，欧洲石化企业已先行一步。\n英国石油公司宣布，未来10年将把低排放业务的投资增加10倍，达到每年50亿美元，同时将油气产量缩减40%。\n中石化、中石油也在转型。\n最近，中国石化对外宣布了一项规划，到2025年将布局5000座充换电站，1000座加氢站或油氢合建站，以及7000座分布式光伏发电站点。\n\n中石化加油站内换电站\n中国石油也在全国多个省市探索“油＋电”转型，投运综合供能服务站，将加油站与充电桩合二为一，为新能源车主提供服务。\n这种刀刃向内的战略转型，需要勇气，也是对冲传统石化行业风险的重要举措。\n低碳减排已成时代大势，全球能源体系正发生深刻变化。\n无视乃至抵制这种趋势，终将为时代所抛弃。声明：本文内容仅代表该投稿文章作者观点，不代表浑水号立场。转载请注明投稿人姓名并附上本文出处（浑水号）。未按照规范转载者，浑水号保留追究相应责任的权利","news_type":1,"symbols_score_info":{"XOM":0.9}},"isVote":1,"tweetType":1,"viewCount":4832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129230303,"gmtCreate":1624373200102,"gmtModify":1703834841795,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ?&nbsp;","listText":"? ?&nbsp;","text":"? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129230303","repostId":"1142464181","repostType":4,"repost":{"id":"1142464181","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624372497,"share":"https://ttm.financial/m/news/1142464181?lang=en_US&edition=fundamental","pubTime":"2021-06-22 22:34","market":"us","language":"zh","title":"The daily premium fresh pricing range is 13-16 USD/ADS, and old shareholders continue to increase their weight","url":"https://stock-news.laohu8.com/highlight/detail?id=1142464181","media":"老虎资讯综合","summary":"北京时间6月22日晚间消息，每日优鲜更新F-1招股书，计划公开发行2100万股美国存托股票（ADS），定价区间为13-16美元/ADS。\n现有股东中金、腾讯、美国长线基金Davis等将持续加码，购买至","content":"<p>On the evening of June 22nd, Beijing time,<a href=\"https://laohu8.com/S/MF\">Daily Excellent Fresh</a>Updated F-1 prospectus with planned public offering of 21 million American Depositary Shares (ADS) in a pricing range of $13-16/ADS.</p><p>Existing shareholders CICC,<a href=\"https://laohu8.com/S/00700\">Tencent</a>Davis, a long-term fund in the United States, will continue to overweight and buy ADS worth up to $90 million.</p><p>According to the prospectus, the net revenue of Daily Youxian from 2018 to 2020 was about 3.546.7 billion yuan, 6.001.4 billion yuan and 6.130.4 billion yuan respectively. Daily Fresh had a net revenue of RMB1,689.8 million for the three months ended March 31, 2020 and RMB1,530.2 million for the three months ended March 31, 2021.</p><p>The prospectus also shows that the gross profit of Daily Youxian was 304 million yuan in 2018, increased by 71.3% to 520.9 million yuan in 2019, and increased by 128.5% to 1.1904 billion yuan in 2020. The gross profit of Daily Fresh was RMB510.8 million for the three months ended March 31, 2020, compared with RMB189 million for the same period in 2021.</p><p>From 2018 to 2020, the net loss of daily premium fresh was RMB2,231.6 million, RMB2,909.4 million and RMB1,649.2 million, respectively. Daily Fresh recorded a net loss of RMB194.7 million for the quarter ended March 31, 2020, compared with a loss of RMB610.3 million for the same period in 2021. In 2018, 2019 and 2020, the adjusted net loss (non-GAAP standard) of Daily Fresh was RMB2,215.9 million, RMB2,777 million and RMB1,589.7 million, respectively. Daily Fresh recorded an adjusted net loss of 175.8 million yuan for the quarter ended March 31, 2020, compared to a loss of 598.4 million yuan for the same period in 2021.</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>The daily premium fresh pricing range is 13-16 USD/ADS, and old shareholders continue to increase their weight</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nThe daily premium fresh pricing range is 13-16 USD/ADS, and old shareholders continue to increase their weight\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-22 22:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On the evening of June 22nd, Beijing time,<a href=\"https://laohu8.com/S/MF\">Daily Excellent Fresh</a>Updated F-1 prospectus with planned public offering of 21 million American Depositary Shares (ADS) in a pricing range of $13-16/ADS.</p><p>Existing shareholders CICC,<a href=\"https://laohu8.com/S/00700\">Tencent</a>Davis, a long-term fund in the United States, will continue to overweight and buy ADS worth up to $90 million.</p><p>According to the prospectus, the net revenue of Daily Youxian from 2018 to 2020 was about 3.546.7 billion yuan, 6.001.4 billion yuan and 6.130.4 billion yuan respectively. Daily Fresh had a net revenue of RMB1,689.8 million for the three months ended March 31, 2020 and RMB1,530.2 million for the three months ended March 31, 2021.</p><p>The prospectus also shows that the gross profit of Daily Youxian was 304 million yuan in 2018, increased by 71.3% to 520.9 million yuan in 2019, and increased by 128.5% to 1.1904 billion yuan in 2020. The gross profit of Daily Fresh was RMB510.8 million for the three months ended March 31, 2020, compared with RMB189 million for the same period in 2021.</p><p>From 2018 to 2020, the net loss of daily premium fresh was RMB2,231.6 million, RMB2,909.4 million and RMB1,649.2 million, respectively. Daily Fresh recorded a net loss of RMB194.7 million for the quarter ended March 31, 2020, compared with a loss of RMB610.3 million for the same period in 2021. In 2018, 2019 and 2020, the adjusted net loss (non-GAAP standard) of Daily Fresh was RMB2,215.9 million, RMB2,777 million and RMB1,589.7 million, respectively. Daily Fresh recorded an adjusted net loss of 175.8 million yuan for the quarter ended March 31, 2020, compared to a loss of 598.4 million yuan for the same period in 2021.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1bc6d948584260429c150c1dd44a898f","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142464181","content_text":"北京时间6月22日晚间消息，每日优鲜更新F-1招股书，计划公开发行2100万股美国存托股票（ADS），定价区间为13-16美元/ADS。\n现有股东中金、腾讯、美国长线基金Davis等将持续加码，购买至多价值9000万美元的ADS。\n招股书显示，每日优鲜2018年-2020年的净营收分别约为35.467亿元， 60.014亿元，61.304亿元。截止2020年3月31日的三个月，每日优鲜的净营收为16.898亿元，截止2021年3月31日的三个月，净营收为15.302亿元。\n招股书还显示，每日优鲜的毛利润在2018年为3.04亿元，2019年增长71.3%了至5.209亿元，2020年再增长128.5%，达到11.904亿元。截止2020年3月31日的三个月，每日优鲜的毛利为5.108亿元，2021年的同期为1.89亿元。\n2018年至2020年，每日优鲜净亏损分别为22.316亿元，29.094亿元、16.492亿元。截止2020年3月31日的一个季度，每日优鲜净亏损1.947亿元，2021年同期亏损6.103亿元。2018年、2019年和2020年，每日优鲜的调整后净亏损（非GAAP标准）分别为22.159亿元、27.77亿元、15.897亿元。截止2020年3月31日的一个季度，每日优鲜调整后净亏损为1.758亿元，2021年同期亏损5.984亿元。","news_type":1,"symbols_score_info":{"MF":0.9}},"isVote":1,"tweetType":1,"viewCount":2706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130843291,"gmtCreate":1621525940013,"gmtModify":1704359163227,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? 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?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/190942789","repostId":"1164615477","repostType":4,"isVote":1,"tweetType":1,"viewCount":3825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104277450,"gmtCreate":1620396167170,"gmtModify":1704343105758,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ?&nbsp;","listText":"? ? ?&nbsp;","text":"? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104277450","repostId":"2133050027","repostType":4,"isVote":1,"tweetType":1,"viewCount":3708,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108065967,"gmtCreate":1619963009459,"gmtModify":1704336812873,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ? ? ?&nbsp;","listText":"? ? ? ? ? ?&nbsp;","text":"? ? ? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/108065967","repostId":"1117138743","repostType":4,"repost":{"id":"1117138743","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619953637,"share":"https://ttm.financial/m/news/1117138743?lang=en_US&edition=fundamental","pubTime":"2021-05-02 19:07","market":"hk","language":"zh","title":"JD Logistics has submitted a post-hearing information set to the Hong Kong Stock Exchange in respect of the proposed spin-off","url":"https://stock-news.laohu8.com/highlight/detail?id=1117138743","media":"老虎资讯综合","summary":"京东集团在港交所公告称，董事会欣然宣布，其接获京东物流通知，京东物流已就拟议分拆向香港联交所递交聆讯后资料集。","content":"<p><a href=\"https://laohu8.com/S/JD\">Jingdong</a>The Group announced on the Hong Kong Stock Exchange that the Board is pleased to announce that it has received notice from JD Logistics that JD Logistics has submitted a post-hearing information set to the Hong Kong Stock Exchange on the proposed spin-off.</p><p><img src=\"https://static.tigerbbs.com/74128ba8dc013999c7633603bacff800\" tg-width=\"1080\" tg-height=\"1920\"></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>JD Logistics has submitted a post-hearing information set to the Hong Kong Stock Exchange in respect of the proposed spin-off</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nJD Logistics has submitted a post-hearing information set to the Hong Kong Stock Exchange in respect of the proposed spin-off\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-02 19:07</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/JD\">Jingdong</a>The Group announced on the Hong Kong Stock Exchange that the Board is pleased to announce that it has received notice from JD Logistics that JD Logistics has submitted a post-hearing information set to the Hong Kong Stock Exchange on the proposed spin-off.</p><p><img src=\"https://static.tigerbbs.com/74128ba8dc013999c7633603bacff800\" tg-width=\"1080\" tg-height=\"1920\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/25e108e80ab0d5329f36d3b166f67111","relate_stocks":{"09618":"京东集团-SW","JD":"京东","QNETCN":"纳斯达克中美互联网老虎指数"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117138743","content_text":"京东集团在港交所公告称，董事会欣然宣布，其接获京东物流通知，京东物流已就拟议分拆向香港联交所递交聆讯后资料集。","news_type":1,"symbols_score_info":{"JD":0.9,"09618":0.9,"QNETCN":0.9}},"isVote":1,"tweetType":1,"viewCount":3433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374231092,"gmtCreate":1619447562416,"gmtModify":1704724076507,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ?&nbsp;","listText":"? ? ? ?&nbsp;","text":"? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374231092","repostId":"1112124246","repostType":4,"repost":{"id":"1112124246","kind":"news","pubTimestamp":1619446921,"share":"https://ttm.financial/m/news/1112124246?lang=en_US&edition=fundamental","pubTime":"2021-04-26 22:22","market":"us","language":"zh","title":"Nonferrous sector moves higher as copper soars to decade high","url":"https://stock-news.laohu8.com/highlight/detail?id=1112124246","media":"智通财经","summary":"高盛将未来12个月铜目标价提高到1.1万美元/吨。","content":"<p>On April 26th (Monday), the non-ferrous metal plate rose intraday. As of press time,<a href=\"https://laohu8.com/S/FCX\">McMoRan Copper & Gold</a>rose by more than 6%,<a href=\"https://laohu8.com/S/AA\">Alcoa</a>Up more than 5%,<a href=\"https://laohu8.com/S/TRQ\">Turquoise Hill Resources</a>It rose by more than 4%, and Albemarle of the United States rose by more than 3%.</p><p><img src=\"https://static.tigerbbs.com/4747a8a90284928bc8ab8f9768b760f4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Previously, global copper prices soared to the highest level in a decade, with LUN copper rising to $9,700/t at one point. Includes<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Other institutions believe that considering the important role of copper in the green energy transition, the climate goals of various countries will make this round of copper price rebound the beginning of a longer-dimensional copper price rise.</p><p>Goldman Sachs raised its copper target price for the next 12 months to $11,000/ton, an increase of $500, or nearly 4.8%, from its reaffirmed 12-month copper target price two weeks ago.</p>","source":"highlight_zhitongcaijin","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>Nonferrous sector moves higher as copper soars to decade high</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNonferrous sector moves higher as copper soars to decade high\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经</strong><span class=\"h-time small\">2021-04-26 22:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On April 26th (Monday), the non-ferrous metal plate rose intraday. As of press time,<a href=\"https://laohu8.com/S/FCX\">McMoRan Copper & Gold</a>rose by more than 6%,<a href=\"https://laohu8.com/S/AA\">Alcoa</a>Up more than 5%,<a href=\"https://laohu8.com/S/TRQ\">Turquoise Hill Resources</a>It rose by more than 4%, and Albemarle of the United States rose by more than 3%.</p><p><img src=\"https://static.tigerbbs.com/4747a8a90284928bc8ab8f9768b760f4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Previously, global copper prices soared to the highest level in a decade, with LUN copper rising to $9,700/t at one point. Includes<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Other institutions believe that considering the important role of copper in the green energy transition, the climate goals of various countries will make this round of copper price rebound the beginning of a longer-dimensional copper price rise.</p><p>Goldman Sachs raised its copper target price for the next 12 months to $11,000/ton, an increase of $500, or nearly 4.8%, from its reaffirmed 12-month copper target price two weeks ago.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.zhitongcaijing.com/content/detail/458639.html\">智通财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/eeb9a4d452d8568bcc6a2558535ad160","relate_stocks":{"FCX":"麦克莫兰铜金","AA":"美国铝业"},"source_url":"https://www.zhitongcaijing.com/content/detail/458639.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"1112124246","content_text":"4月26日(周一)，有色金属板块盘中走高，截至发稿，麦克莫兰铜金涨超6%，美国铝业涨超5%，Turquoise Hill Resources涨超4%，美国雅宝公司涨超3%。此前全球铜价飙升至十年来的最高水平，伦铜一度升至9700美元/吨。包括高盛等机构认为，考虑到铜在绿色能源转型中的重要作用，各国的气候目标将使本轮铜价反弹成为更长维度铜价上涨的开始。高盛将未来12个月铜目标价提高到1.1万美元/吨，较两周前其重申的12个月铜目标价上调500美元，升幅将近4.8%。","news_type":1,"symbols_score_info":{"FCX":0.9,"AA":0.9,"TRQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1795,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372856465,"gmtCreate":1619193208057,"gmtModify":1704721142874,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ? ? ?&nbsp;","listText":"? ? ? ? ? ?&nbsp;","text":"? ? ? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372856465","repostId":"2129035903","repostType":4,"repost":{"id":"2129035903","kind":"news","weMediaInfo":{"introduction":"全球第五大财经门户网站Investing.com中国官方微信，提供全球各国海量金融资讯和实时行情数据，包括股票股指、外汇、期货、基金、债券、加密货币等。关注全球金融市场动态的投资者千万不可错过。","home_visible":1,"media_name":"英为财情Investing","id":"92","head_image":"https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313"},"pubTimestamp":1619191931,"share":"https://ttm.financial/m/news/2129035903?lang=en_US&edition=fundamental","pubTime":"2021-04-23 23:32","market":"us","language":"zh","title":"Two K12 giants have released financial reports successively. Who has a \"good future\"?","url":"https://stock-news.laohu8.com/highlight/detail?id=2129035903","media":"英为财情Investing","summary":"中国两大教育巨头近日前后脚公布了最新的财报数据，在经历了股价波动性较高的一季度以后，这两家公司的财报受到了投资者的密切关注。\n根据行情数据显示，和在美股上市的股票价格今年以来已经双双累计跌逾12%，这","content":"<p>China's two major education giants have recently released the latest financial data. After experiencing a high volatility in the first quarter, the financial reports of the two companies have been closely watched by investors.</p><p>According to the market data, the prices of stocks listed on the US stock market have both dropped by more than 12% this year, which is not only significantly weaker than the trend of the US stock market, but also inconsistent with the trend of vigorous economic recovery in the \"post-epidemic\" era.</p><p>The weakness of China Education Stock can be traced back to January this year. At that time, the website of the Central Commission for Discipline Inspection and the State Supervision Commission issued a document pointing out various problems existing in online education. There are also media sources that after-school tutoring institutions have been raided by relevant regulatory authorities. And at that time<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>Not committed to the news.</p><p>In the next few months, online education was frequently named by relevant departments and official media, and the question of how to standardize the education and training industry also triggered heated social discussion. Chen Baosheng, the Minister of Education, recently said that this year, we should vigorously manage and rectify off-campus training institutions. On March 31, Lv Yugang, director of the Department of Basic Education of the Ministry of Education, said at the press conference of the State Council Information Office that this year, the Ministry of Education has included the governance of training institutions as a key task, and further strengthened the governance of off-campus training institutions. With the successive introduction of regulatory policies, 2021 is also regarded as a transformative year for the education and training industry.</p><p>In the strict regulatory environment, Wall Street has also turned,<a href=\"https://laohu8.com/S/C\">Citigroup</a>The analysts will<a href=\"https://laohu8.com/S/TAL\">TAL</a>The price target of was lowered by $20; While<a href=\"https://laohu8.com/S/JEF\">Jefferies</a>Analysts believe that the impact of regulation on leading enterprises will not be too great. However, the investment bank also said that in the current situation of more news, investors chose to \"vote with their feet\" and sell stocks first, which is a common way for Wall Street investors to deal with negative news of international stocks.</p><p><b>1、</b>TAL</p><p>According to the latest data released by TAL, the company's revenue in Q4 fiscal year 2021 was $1.36 billion, a year-on-year increase of 59%, which was better than the company's guidance estimate of between $1.175 billion and $1.2 billion released in Q3. The company achieved revenue of about $4.5 billion for the whole year, a year-on-year increase of 37.3%. However, its losses also amplified, with a net loss of $169 million in the fourth quarter, an increase of 87.56% from a net loss of $90 million in the same period of last year, and a net loss of $116 million for the whole year.</p><p>It should be noted that TAL's losses have increased mainly because of the substantial increase in marketing expenses brought by the online education war. Recently, the competition among major online educational institutions has become more and more fierce, the company's advertising investment has further soared, and the overall marketing expenses have soared. Specifically, the company's Q4 sales expenses reached US$660 million, a year-on-year increase of 172%; The annual sales expenses amounted to RMB1.68 billion, representing a year-on-year increase of 37.4%.</p><p>Although backed by a strict regulatory environment and a large number of advertisements before the winter vacation, the regulatory authorities paid attention to it, the revenue of online courses in Q4 Company was about 440 million USD, a year-on-year increase of 115%, accounting for a substantial increase from 24% in the same period last year to 32%. The number of participants in long-term regular-price courses increased by 71% year-on-year to 3.5 million, and the ASP of regular-price courses increased by 9% year-on-year.</p><p>According to the market data of Investing.com, at the beginning of TAL's financial report, the market gave the stock a relatively positive reaction (up about 6% before the market), but then the stock price fell back and finally closed down 2.16%.</p><p>Market analysts believe that under the severe pressure of higher education in China, the company still has huge opportunities in the extracurricular tutoring market. Although the competition is fierce, under the background of stricter supervision, the competition will become calmer, and its management of marketing expenses is also expected to improve. The company's market outlook is more rational in terms of online expansion. And its cash flow remains as high as $5.938 billion.</p><p>TAL expects its revenue to increase by 43%-45% year-over-year to between $1,302.2 million and $1,320.5 million in Q1 fiscal 2022 (the three months ended May 31, 2021).</p><p><b>2、</b>New Oriental</p><p>Earlier this week, TAL's top rival New Oriental also released its earnings report. According to the data, in the third quarter of fiscal 2021, New Oriental's net revenue exceeded $1.19 billion, up 29% year-on-year, and in addition, Q3.151 billion, up 9.9% year-on-year. Earnings per ADS were $0.09, the same as $0.09 in the same period last year, and the market expectation was $0.06.</p><p>Like TAL, in the face of a fierce competitive environment, the company's business expansion has also led to an increase in costs. Data shows that in Q3 of fiscal 2021, New Oriental continued to expand the coverage of OMO systems, investing $59 million to trial OMO online courses in existing cities and 25 new surrounding satellite cities. (OMO strategy refers to the Online-Merge-Offline model, which aims to deeply integrate Online and Offline channels, and is considered to be a business model with greater market efficiency after O2O.)</p><p>In the third quarter of fiscal 2021, New Oriental's operating costs and expenses were $1,089 million, up 35.1% year-over-year; Cost of revenue was $529.5 million, up 35.3% year-on-year; Selling and marketing expenses were US$156.1 million, representing a year-on-year increase of 32.0%; General and administrative expenses amounted to US$393.4 million, representing a year-on-year increase of 36.1%. However, the increase in costs has also caused the company's profit margins to be suppressed.</p><p>However, New Oriental is still profitable, which also makes Wall Street investors more \"tolerant\" towards it. On the day of the financial report, the company's share price closed up more than 6.4%.</p><p>Analysts believe that with China's better control of the epidemic, offline education has also picked up, and the two educational methods can complement each other, which can help established educational institutions like New Oriental seize more markets and resources. However, it is undeniable that in the fierce competitive environment, the erosion of the market share of the stock by other industry players cannot be ignored.</p><p>New Oriental forecasts that its revenue will increase by 38%-43% year-on-year to between $1,101.9 million and $1,141.8 million in Q4 fiscal 2021 (the three months ended May 31, 2021).</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>Two K12 giants have released financial reports successively. Who has a \"good future\"?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTwo K12 giants have released financial reports successively. Who has a \"good future\"?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/92\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">英为财情Investing </p>\n<p class=\"h-time smaller\">2021-04-23 23:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>China's two major education giants have recently released the latest financial data. After experiencing a high volatility in the first quarter, the financial reports of the two companies have been closely watched by investors.</p><p>According to the market data, the prices of stocks listed on the US stock market have both dropped by more than 12% this year, which is not only significantly weaker than the trend of the US stock market, but also inconsistent with the trend of vigorous economic recovery in the \"post-epidemic\" era.</p><p>The weakness of China Education Stock can be traced back to January this year. At that time, the website of the Central Commission for Discipline Inspection and the State Supervision Commission issued a document pointing out various problems existing in online education. There are also media sources that after-school tutoring institutions have been raided by relevant regulatory authorities. And at that time<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>Not committed to the news.</p><p>In the next few months, online education was frequently named by relevant departments and official media, and the question of how to standardize the education and training industry also triggered heated social discussion. Chen Baosheng, the Minister of Education, recently said that this year, we should vigorously manage and rectify off-campus training institutions. On March 31, Lv Yugang, director of the Department of Basic Education of the Ministry of Education, said at the press conference of the State Council Information Office that this year, the Ministry of Education has included the governance of training institutions as a key task, and further strengthened the governance of off-campus training institutions. With the successive introduction of regulatory policies, 2021 is also regarded as a transformative year for the education and training industry.</p><p>In the strict regulatory environment, Wall Street has also turned,<a href=\"https://laohu8.com/S/C\">Citigroup</a>The analysts will<a href=\"https://laohu8.com/S/TAL\">TAL</a>The price target of was lowered by $20; While<a href=\"https://laohu8.com/S/JEF\">Jefferies</a>Analysts believe that the impact of regulation on leading enterprises will not be too great. However, the investment bank also said that in the current situation of more news, investors chose to \"vote with their feet\" and sell stocks first, which is a common way for Wall Street investors to deal with negative news of international stocks.</p><p><b>1、</b>TAL</p><p>According to the latest data released by TAL, the company's revenue in Q4 fiscal year 2021 was $1.36 billion, a year-on-year increase of 59%, which was better than the company's guidance estimate of between $1.175 billion and $1.2 billion released in Q3. The company achieved revenue of about $4.5 billion for the whole year, a year-on-year increase of 37.3%. However, its losses also amplified, with a net loss of $169 million in the fourth quarter, an increase of 87.56% from a net loss of $90 million in the same period of last year, and a net loss of $116 million for the whole year.</p><p>It should be noted that TAL's losses have increased mainly because of the substantial increase in marketing expenses brought by the online education war. Recently, the competition among major online educational institutions has become more and more fierce, the company's advertising investment has further soared, and the overall marketing expenses have soared. Specifically, the company's Q4 sales expenses reached US$660 million, a year-on-year increase of 172%; The annual sales expenses amounted to RMB1.68 billion, representing a year-on-year increase of 37.4%.</p><p>Although backed by a strict regulatory environment and a large number of advertisements before the winter vacation, the regulatory authorities paid attention to it, the revenue of online courses in Q4 Company was about 440 million USD, a year-on-year increase of 115%, accounting for a substantial increase from 24% in the same period last year to 32%. The number of participants in long-term regular-price courses increased by 71% year-on-year to 3.5 million, and the ASP of regular-price courses increased by 9% year-on-year.</p><p>According to the market data of Investing.com, at the beginning of TAL's financial report, the market gave the stock a relatively positive reaction (up about 6% before the market), but then the stock price fell back and finally closed down 2.16%.</p><p>Market analysts believe that under the severe pressure of higher education in China, the company still has huge opportunities in the extracurricular tutoring market. Although the competition is fierce, under the background of stricter supervision, the competition will become calmer, and its management of marketing expenses is also expected to improve. The company's market outlook is more rational in terms of online expansion. And its cash flow remains as high as $5.938 billion.</p><p>TAL expects its revenue to increase by 43%-45% year-over-year to between $1,302.2 million and $1,320.5 million in Q1 fiscal 2022 (the three months ended May 31, 2021).</p><p><b>2、</b>New Oriental</p><p>Earlier this week, TAL's top rival New Oriental also released its earnings report. According to the data, in the third quarter of fiscal 2021, New Oriental's net revenue exceeded $1.19 billion, up 29% year-on-year, and in addition, Q3.151 billion, up 9.9% year-on-year. Earnings per ADS were $0.09, the same as $0.09 in the same period last year, and the market expectation was $0.06.</p><p>Like TAL, in the face of a fierce competitive environment, the company's business expansion has also led to an increase in costs. Data shows that in Q3 of fiscal 2021, New Oriental continued to expand the coverage of OMO systems, investing $59 million to trial OMO online courses in existing cities and 25 new surrounding satellite cities. (OMO strategy refers to the Online-Merge-Offline model, which aims to deeply integrate Online and Offline channels, and is considered to be a business model with greater market efficiency after O2O.)</p><p>In the third quarter of fiscal 2021, New Oriental's operating costs and expenses were $1,089 million, up 35.1% year-over-year; Cost of revenue was $529.5 million, up 35.3% year-on-year; Selling and marketing expenses were US$156.1 million, representing a year-on-year increase of 32.0%; General and administrative expenses amounted to US$393.4 million, representing a year-on-year increase of 36.1%. However, the increase in costs has also caused the company's profit margins to be suppressed.</p><p>However, New Oriental is still profitable, which also makes Wall Street investors more \"tolerant\" towards it. On the day of the financial report, the company's share price closed up more than 6.4%.</p><p>Analysts believe that with China's better control of the epidemic, offline education has also picked up, and the two educational methods can complement each other, which can help established educational institutions like New Oriental seize more markets and resources. However, it is undeniable that in the fierce competitive environment, the erosion of the market share of the stock by other industry players cannot be ignored.</p><p>New Oriental forecasts that its revenue will increase by 38%-43% year-on-year to between $1,101.9 million and $1,141.8 million in Q4 fiscal 2021 (the three months ended May 31, 2021).</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/95a52bac654e212de5e6a737e01fc5ff","relate_stocks":{"09901":"新东方-S","TAL":"好未来","EDU":"新东方"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129035903","content_text":"中国两大教育巨头近日前后脚公布了最新的财报数据，在经历了股价波动性较高的一季度以后，这两家公司的财报受到了投资者的密切关注。\n根据行情数据显示，和在美股上市的股票价格今年以来已经双双累计跌逾12%，这不仅大幅弱于美股大盘的走势，也并不符合“后疫情”时代经济蓬勃复苏的趋势。\n中概教育股的弱势，可以追溯到今年1月，彼时，中央纪委国家监委网站发文直指在线教育存在的种种问题。还有媒体消息称，课后辅导机构受到了相关监管部门的突击检查。而当时新东方对这一消息不置可否。\n接下来的几个月里，在线教育频频被有关部门和官媒点名，关于如何规范教培行业的问题也引发了社会热议。教育部部长陈宝生近期表示，今年要大力度治理整顿校外培训机构。3月31日，教育部基础教育司司长吕玉刚在国新办发布会上表示，今年教育部把培训机构治理工作列入重点工作任务，进一步加大校外培训机构治理力度。随着监管政策的陆续出台，2021年也被视作教培行业变革性的一年。\n严监管环境下，华尔街也纷纷转向，花旗的分析师将好未来的目标价下调了20美元；而杰富瑞的分析师则认为，监管对于龙头企业的影响不会太大。但是该投行也表示，在当前消息较多的情况下，投资者选择了“用脚投票”，先抛售股票，这是华尔街投资者对国际股票负面消息常见的处理方式。\n1、好未来\n好未来最新公布的数据显示，公司2021财年Q4季度营收为13.6亿美元，同比增长59%，优于公司Q3时公布的指引预期11.75-12亿美元之间，全年公司实现收入约45亿美元，同比增长37.3%。但是，其亏损也放大，第四季净亏损为1.69亿美元，较上年同期的净亏损0.90亿美元扩大87.56%，全年净亏损为1.160亿美元。\n需要注意的是，好未来的亏损加大，主要是因为线上教育大战所带来的营销费用大幅增长。近期，各大头部在线教育机构之间的竞争越发激烈，公司的广告投入也进一步激增，整体营销费用大幅飙升。具体而言，公司Q4销售费用达到6.6亿美元，同比大增172%；全年销售费用16.8亿元，同比大增37.4%。\n虽然背靠严监管环境，而且寒假前的广告大量投放问题，被监管部门关注，但是Q4公司在线课程实现收入约4.4亿美元，同比增长115%，占比从去年同期的24%大幅增至32%，长期正价课程的参培人数同比增长71%达到350万人，正价课程ASP同比增长9%。\n根据英为财情Investing.com的行情数据显示，在好未来公布财报之初，市场给予该股较为正面的反应(盘前涨约6%)，但是随后股价回落，最终收跌2.16%。\n市场分析师认为，在中国严峻的升学压力之下，公司在课外辅导市场仍然具备巨大机会，虽然竞争激烈，但是在监管趋严的背景下，竞争会更加趋于冷静，其在营销费用的管理方面也有望提升。公司后市在线上扩张方面更理性。而且其现金流仍然高达59.38亿美元。\n好未来预计，2022财年Q1(截至2021年5月31日止三个月)，其营收同比增长43%-45%，至13.022亿美元-13.205亿美元之间。\n2、新东方\n本周稍早前，好未来的头号竞争对手新东方也发布了财报。数据显示，2021财年第三季度，新东方净收入超11.9亿美元，同比增长29%，此外，Q31.51亿美元，同比增长9.9%。每ADS盈利0.09美元，和去年同期的0.09美元持平，市场预期0.06美元。\n和好未来一样，面对激烈的竞争环境，公司业务扩张也导致了成本的增加，数据显示，2021财年Q3，新东方继续扩大OMO系统的覆盖范围，投入5900万美元，在现有城市和周围的25个新的卫星城市中试用OMO在线课程。(OMO战略是指Online-Merge-Offline模式，旨在深度融合线上和线下渠道，被认为是继O2O之后市场效率更大提升的商业模式。)\n在2021财年第三季度，新东方运营成本和开支为10.890亿美元，同比增长35.1%；营收成本为5.295亿美元，同比增长35.3%；销售及营销开支为1.561亿美元，同比增长32.0%；总务及行政开支为3.934亿美元，同比增长36.1%。不过成本的增长也导致了公司的利润空间受到压制。\n不过，新东方仍然盈利，这也让华尔街的投资者对其更为“宽容”，在财报发布当日，公司股价收盘涨超6.4%。\n分析师认为，在中国较好地控制疫情的情况下，线下教育也已经回暖，两种教育方式就能得到相互补充，可以帮助新东方这样的老牌教育机构抢占更多市场和资源。但是不可否认的是，激烈的竞争环境中，其他行业参与者对该股市场份额的侵蚀也不容忽视。\n新东方预测，2021财年Q4(截至2021年5月31日止三个月)，其营收同比增长38%-43%，至11.019亿美元-11.418亿美元之间。","news_type":1,"symbols_score_info":{"09901":0.9,"EDU":0.9,"TAL":0.9}},"isVote":1,"tweetType":1,"viewCount":1661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347621340,"gmtCreate":1618494064980,"gmtModify":1704711702347,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ? ? ? ?&nbsp;","listText":"? ? ? ? ? ? ?&nbsp;","text":"? ? ? ? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347621340","repostId":"1128234792","repostType":4,"repost":{"id":"1128234792","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618492988,"share":"https://ttm.financial/m/news/1128234792?lang=en_US&edition=fundamental","pubTime":"2021-04-15 21:23","market":"us","language":"zh","title":"Delta Airlines revenue of $4.15 billion in the first quarter, expects to return to profitability in the third quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=1128234792","media":"老虎资讯综合","summary":"达美航空：2021年一季度营收41.5亿美元，市场预期39.83亿美元，去年同期85.92亿美元。一季度净亏损11.77亿美元。一季度调整后每股亏损3.55美元，市场预期每股亏损3.17美元。达美航空","content":"<p><a href=\"https://laohu8.com/S/DAL\">Delta Airlines</a>: Revenue in the first quarter of 2021 was US$4.15 billion, compared with market expectations of US$3.983 billion and US$8.592 billion in the same period last year.</p><p>The net loss in the first quarter was $1.177 billion.</p><p>Adjusted loss of $3.55 per share in the first quarter, compared to the market expectation of a loss of $3.17 per share.</p><p>Delta Air Lines said: Achieved positive daily cash flow in March. It is expected to return to profitability in the third quarter.</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>Delta Airlines revenue of $4.15 billion in the first quarter, expects to return to profitability in the third quarter</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nDelta Airlines revenue of $4.15 billion in the first quarter, expects to return to profitability in the third quarter\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-15 21:23</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/DAL\">Delta Airlines</a>: Revenue in the first quarter of 2021 was US$4.15 billion, compared with market expectations of US$3.983 billion and US$8.592 billion in the same period last year.</p><p>The net loss in the first quarter was $1.177 billion.</p><p>Adjusted loss of $3.55 per share in the first quarter, compared to the market expectation of a loss of $3.17 per share.</p><p>Delta Air Lines said: Achieved positive daily cash flow in March. It is expected to return to profitability in the third quarter.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c98071a5fdaaf26b5df14c74e53fa1e9","relate_stocks":{"DAL":"达美航空"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128234792","content_text":"达美航空：2021年一季度营收41.5亿美元，市场预期39.83亿美元，去年同期85.92亿美元。一季度净亏损11.77亿美元。一季度调整后每股亏损3.55美元，市场预期每股亏损3.17美元。达美航空表示：3月实现每日现金流量为正数。预计将在第三季度恢复盈利。","news_type":1,"symbols_score_info":{"DAL":0.9}},"isVote":1,"tweetType":1,"viewCount":1156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347623563,"gmtCreate":1618494051552,"gmtModify":1704711701700,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ? ? ?&nbsp;","listText":"? ? ? ? ? ?&nbsp;","text":"? ? ? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/347623563","repostId":"1121288783","repostType":4,"repost":{"id":"1121288783","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618493281,"share":"https://ttm.financial/m/news/1121288783?lang=en_US&edition=fundamental","pubTime":"2021-04-15 21:28","market":"us","language":"zh","title":"Opening: Dow opened up more than 160 points, blockchain, star tech stocks rose broadly","url":"https://stock-news.laohu8.com/highlight/detail?id=1121288783","media":"老虎资讯综合","summary":"4月15日（周四），道指开涨超160点，纳指快速涨超1%。区块链、明星科技股普涨。中概股淘屏开盘涨超19%，公司与比特大陆签署了购买ANTMINER S19J PRO比特币挖矿机的协议。开心汽车涨超8","content":"<p>On April 15th (Thursday), the Dow rose by more than 160 points, and the Nasdaq rose by more than 1%. Blockchain and star technology stocks rose generally.</p><p><img src=\"https://static.tigerbbs.com/698daa35c595b0f35adcefa5ac770d81\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>China Concept Stock<a href=\"https://laohu8.com/S/TAOP\">Taoping</a>The opening rose more than 19%, and the company and<a href=\"https://laohu8.com/S/90027\">Bitmain</a>Signed an agreement to purchase the ANTMINER S19J PRO Bitcoin mining machine.</p><p><a href=\"https://laohu8.com/S/KXIN\">Happy car</a>With an increase of more than 8%, the company announced that it had obtained approval from Nasdaq to acquire Haitaoche.</p><p><a href=\"https://laohu8.com/S/COIN\">Coinbase</a>It rose by more than 4% at the opening, closed by more than 31% on the first day of listing yesterday, and the market value once exceeded 100 billion USD during intraday trading; The company is said to have bought nearly 750,000 shares from three ETFs owned by ARK, with a size of about $250 million at the closing price.</p><p>Star technology stocks rose generally,<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>up 4.6%, Paypal up 2.7%,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>、<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>up 1.8%,<a href=\"https://laohu8.com/S/MA\">MasterCard</a>up 1.6%.</p><p><a href=\"https://laohu8.com/S/GSK\">GlaxoSmithKline</a>It rose more than 4% after news that Elliott, a well-known US hedge fund, increased its holdings by billions of pounds<a href=\"https://laohu8.com/S/GSK.UK\">GlaxoSmithKline</a>Of shares.</p><p><a href=\"https://laohu8.com/S/DELL\">Dell</a>Gaining nearly 6%, Dell will divest<a href=\"https://laohu8.com/S/VMW\">Weirui</a>81% equity to form two independent listed companies.</p><p>Most of the new energy vehicle sector fell,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>It fell by more than 3%,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It fell nearly 3%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>It fell by more than 2%,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>down 0.6%.</p><p><a href=\"https://laohu8.com/S/QS\">Quantumscape</a>It fell nearly 10% after being bearish by SCORPION CAPITAL.</p><p><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>Falling more than 7%, Virgin Group Chairman Richard Branson sold more than $150 million worth of shares.</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>Opening: Dow opened up more than 160 points, blockchain, star tech stocks rose broadly</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\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\">\nOpening: Dow opened up more than 160 points, blockchain, star tech stocks rose broadly\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-15 21:28</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On April 15th (Thursday), the Dow rose by more than 160 points, and the Nasdaq rose by more than 1%. Blockchain and star technology stocks rose generally.</p><p><img src=\"https://static.tigerbbs.com/698daa35c595b0f35adcefa5ac770d81\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>China Concept Stock<a href=\"https://laohu8.com/S/TAOP\">Taoping</a>The opening rose more than 19%, and the company and<a href=\"https://laohu8.com/S/90027\">Bitmain</a>Signed an agreement to purchase the ANTMINER S19J PRO Bitcoin mining machine.</p><p><a href=\"https://laohu8.com/S/KXIN\">Happy car</a>With an increase of more than 8%, the company announced that it had obtained approval from Nasdaq to acquire Haitaoche.</p><p><a href=\"https://laohu8.com/S/COIN\">Coinbase</a>It rose by more than 4% at the opening, closed by more than 31% on the first day of listing yesterday, and the market value once exceeded 100 billion USD during intraday trading; The company is said to have bought nearly 750,000 shares from three ETFs owned by ARK, with a size of about $250 million at the closing price.</p><p>Star technology stocks rose generally,<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>up 4.6%, Paypal up 2.7%,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>、<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>up 1.8%,<a href=\"https://laohu8.com/S/MA\">MasterCard</a>up 1.6%.</p><p><a href=\"https://laohu8.com/S/GSK\">GlaxoSmithKline</a>It rose more than 4% after news that Elliott, a well-known US hedge fund, increased its holdings by billions of pounds<a href=\"https://laohu8.com/S/GSK.UK\">GlaxoSmithKline</a>Of shares.</p><p><a href=\"https://laohu8.com/S/DELL\">Dell</a>Gaining nearly 6%, Dell will divest<a href=\"https://laohu8.com/S/VMW\">Weirui</a>81% equity to form two independent listed companies.</p><p>Most of the new energy vehicle sector fell,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>It fell by more than 3%,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It fell nearly 3%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>It fell by more than 2%,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>down 0.6%.</p><p><a href=\"https://laohu8.com/S/QS\">Quantumscape</a>It fell nearly 10% after being bearish by SCORPION CAPITAL.</p><p><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>Falling more than 7%, Virgin Group Chairman Richard Branson sold more than $150 million worth of shares.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121288783","content_text":"4月15日（周四），道指开涨超160点，纳指快速涨超1%。区块链、明星科技股普涨。中概股淘屏开盘涨超19%，公司与比特大陆签署了购买ANTMINER S19J PRO比特币挖矿机的协议。开心汽车涨超8%，公司宣布获得纳斯达克批准收购海淘车。Coinbase开盘涨超4%，昨日上市首日收涨超31%，盘中交易时市值一度突破1000亿美元；公司据称获ARK旗下三支ETF买入近75万股，以收盘价计算规模约2.5亿美元。明星科技股普涨，英伟达涨4.6%，Paypal涨2.7%，苹果、亚马逊涨1.8%，万事达涨1.6%。葛兰素史克涨超4%，此前有消息称美知名对沖基金Elliott增持数十亿英镑葛兰素史克的股份。戴尔涨近6%，戴尔将剥离威睿81%的股权，组建两家独立的上市公司。新能源车板块多数下挫，理想汽车跌超3%，小鹏汽车跌近3%，蔚来跌超2%，百度跌0.6%。Quantumscape跌近10%，此前遭SCORPION CAPITAL看空。维珍银河跌超7%，维珍集团董事长理查德·布兰森出售了价值超过1.5亿美元的股份。","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345523535,"gmtCreate":1618324644327,"gmtModify":1704709216462,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ? ?&nbsp;","listText":"? ? ? ? ?&nbsp;","text":"? ? ? ? ?","images":[{"img":"https://static.tigerbbs.com/1829d46177eca3c2a30fea2ffb2841f4","width":"1080","height":"3093"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345523535","isVote":1,"tweetType":1,"viewCount":1450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":341873027,"gmtCreate":1617805316469,"gmtModify":1704703397497,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ? ?&nbsp;","listText":"? ? ? ? ?&nbsp;","text":"? ? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341873027","repostId":"1158255207","repostType":4,"repost":{"id":"1158255207","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617804748,"share":"https://ttm.financial/m/news/1158255207?lang=en_US&edition=fundamental","pubTime":"2021-04-07 22:12","market":"us","language":"zh","title":"China Concept New Energy Vehicle Sector Expands Decline, Li Auto Drops Over 9%","url":"https://stock-news.laohu8.com/highlight/detail?id=1158255207","media":"老虎资讯综合","summary":"4月7日，中概新能源车板块跌幅扩大，理想汽车跌超9%，小鹏汽车跌5%，小牛电动跌超3%，蔚来汽车跌2.6%。","content":"<p>On April 7th, the decline of Zhonggui New Energy Vehicle sector expanded,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>It fell by more than 9%,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>Down 5%,<a href=\"https://laohu8.com/S/NIU\">Mavericks Electric</a>It fell more than 3%, and Nio Motors fell 2.6%.</p><p><img src=\"https://static.tigerbbs.com/1a95c11088139142a4be33ee2dca2ed1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Concept New Energy Vehicle Sector Expands Decline, Li Auto Drops Over 9%</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; 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#7E829C; margin: 0;}\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 Concept New Energy Vehicle Sector Expands Decline, Li Auto Drops Over 9%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-07 22:12</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On April 7th, the decline of Zhonggui New Energy Vehicle sector expanded,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>It fell by more than 9%,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>Down 5%,<a href=\"https://laohu8.com/S/NIU\">Mavericks Electric</a>It fell more than 3%, and Nio Motors fell 2.6%.</p><p><img src=\"https://static.tigerbbs.com/1a95c11088139142a4be33ee2dca2ed1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/edb5904d62b10798f760277be625646d","relate_stocks":{"NIO":"蔚来","XPEV":"小鹏集团","02015":"理想汽车-W","LI":"理想汽车"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158255207","content_text":"4月7日，中概新能源车板块跌幅扩大，理想汽车跌超9%，小鹏汽车跌5%，小牛电动跌超3%，蔚来汽车跌2.6%。","news_type":1,"symbols_score_info":{"XPEV":0.9,"LI":0.9,"02015":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357492611,"gmtCreate":1617288267833,"gmtModify":1704698415061,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ? ? ? ? ?","listText":"? ? ? ? ? ? ? ?","text":"? ? ? ? ? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/357492611","repostId":"1123979727","repostType":4,"repost":{"id":"1123979727","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617287972,"share":"https://ttm.financial/m/news/1123979727?lang=en_US&edition=fundamental","pubTime":"2021-04-01 22:39","market":"us","language":"zh","title":"Youxin skyrocketed over 40%, and the company signed letters of intent for investment with two well-known funds","url":"https://stock-news.laohu8.com/highlight/detail?id=1123979727","media":"老虎资讯综合","summary":"4月1日，优信二手车盘中暴涨超40%，公司与两家知名的亚洲基金签订投资意向书。优信二手车宣布，公司已于4月1日与两家亚洲投资基金签订具约束力的投资意向书。据此，潜在投资者已同意与公司就认购高级可转换优","content":"<p>On April 1,<a href=\"https://laohu8.com/S/UXIN\">Uxin</a>Used cars soared by more than 40% in intraday trading, and the company signed letters of intent to invest with two well-known Asian funds.</p><p><img src=\"https://static.tigerbbs.com/2167fabccf148c1d56d49b6c72965108\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/UXIN\">Uxin</a>Used Cars announced that the company has signed binding letters of intent to invest with two Asian investment funds on April 1. Accordingly, the potential investors have agreed to negotiate with the company on the subscription of senior convertible preferred shares rights and may sign a final agreement, and the total investment amount of the potential transaction may reach up to US$300 million.</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>Youxin skyrocketed over 40%, and the company signed letters of intent for investment with two well-known funds</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nYouxin skyrocketed over 40%, and the company signed letters of intent for investment with two well-known funds\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-01 22:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On April 1,<a href=\"https://laohu8.com/S/UXIN\">Uxin</a>Used cars soared by more than 40% in intraday trading, and the company signed letters of intent to invest with two well-known Asian funds.</p><p><img src=\"https://static.tigerbbs.com/2167fabccf148c1d56d49b6c72965108\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/UXIN\">Uxin</a>Used Cars announced that the company has signed binding letters of intent to invest with two Asian investment funds on April 1. Accordingly, the potential investors have agreed to negotiate with the company on the subscription of senior convertible preferred shares rights and may sign a final agreement, and the total investment amount of the potential transaction may reach up to US$300 million.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7ade1733a461c9483048e104ccc2d044","relate_stocks":{"UXIN":"优信"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123979727","content_text":"4月1日，优信二手车盘中暴涨超40%，公司与两家知名的亚洲基金签订投资意向书。优信二手车宣布，公司已于4月1日与两家亚洲投资基金签订具约束力的投资意向书。据此，潜在投资者已同意与公司就认购高级可转换优先股进行磋商并可能签订最终协议，潜在交易的总投资额最高或将达3亿美元。","news_type":1,"symbols_score_info":{"UXIN":0.9}},"isVote":1,"tweetType":1,"viewCount":1707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354919209,"gmtCreate":1617117649501,"gmtModify":1704696140596,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"Omg.....&nbsp;","listText":"Omg.....&nbsp;","text":"Omg.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354919209","repostId":"2123421823","repostType":4,"isVote":1,"tweetType":1,"viewCount":1310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351273901,"gmtCreate":1616600125003,"gmtModify":1704796319561,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"Wow......&nbsp;","listText":"Wow......&nbsp;","text":"Wow......","images":[{"img":"https://static.tigerbbs.com/bb94ae31c5eb1ac9a58f84a545143b72","width":"1080","height":"2157"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/351273901","isVote":1,"tweetType":1,"viewCount":1907,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":350546432,"gmtCreate":1616239783126,"gmtModify":1704792413134,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573373078542650","idStr":"3573373078542650"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>&nbsp;help help","listText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>&nbsp;help help","text":"$Skillz Inc(SKLZ)$ help help","images":[{"img":"https://static.tigerbbs.com/8c0864351e18058c78df31acfe041674","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/350546432","isVote":1,"tweetType":1,"viewCount":1232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":170529561,"gmtCreate":1626443248853,"gmtModify":1703760276719,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/170529561","repostId":"1169255658","repostType":4,"isVote":1,"tweetType":1,"viewCount":3922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176889236,"gmtCreate":1626876092725,"gmtModify":1703479756905,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"? ? ?&nbsp;","listText":"? ? ?&nbsp;","text":"? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/176889236","repostId":"1139863092","repostType":4,"isVote":1,"tweetType":1,"viewCount":3919,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141343215,"gmtCreate":1625840168237,"gmtModify":1703749648260,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"Just&nbsp;","listText":"Just&nbsp;","text":"Just","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/141343215","repostId":"2150372686","repostType":4,"repost":{"id":"2150372686","kind":"news","pubTimestamp":1625835004,"share":"https://ttm.financial/m/news/2150372686?lang=en_US&edition=fundamental","pubTime":"2021-07-09 20:50","market":"hk","language":"zh","title":"Chuan supervisory authorities once met Xu Jiayin, Evergrande staff: inconvenient to respond","url":"https://stock-news.laohu8.com/highlight/detail?id=2150372686","media":"银柿财经","summary":"7月9日，有媒体报道《监管当局约见许家印，要求恒大尽快化解债务问题》。","content":"<p>On July 9, some media reported that \"the regulatory authorities met with Xu Jiayin and asked Evergrande to resolve the debt problem as soon as possible.\" The report pointed out that \"the Financial Stability and Development Committee of the State Council of China and<a href=\"https://laohu8.com/S/03333\">China Evergrande</a>At the meeting, the chairman of the board, Hui Ka-yin, asked him to quickly resolve the debt woes so as not to cause financial risks. \"</p><p>At the same time, according to a person familiar with the matter, about a month before this meeting with the Financial Stability Committee, the People's Bank of China and other regulatory agencies interviewed Evergrande and urged it to speed up the sale of assets, reduce debts and repay debts in time.</p><p>Silver Finance reporter called the relevant person in charge of China Evergrande about the authenticity of the report. The staff member said, \"I don't know where the source of the news is? It's not convenient to respond.\"</p><p><img src=\"https://static.tigerbbs.com/7bd9c5f6f455ab3d41aa3e821ab0cd24\" tg-width=\"840\" tg-height=\"470\"></p>","source":"lsy1610344500291","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>Chuan supervisory authorities once met Xu Jiayin, Evergrande staff: inconvenient to respond</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nChuan supervisory authorities once met Xu Jiayin, Evergrande staff: inconvenient to respond\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">银柿财经</strong><span class=\"h-time small\">2021-07-09 20:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On July 9, some media reported that \"the regulatory authorities met with Xu Jiayin and asked Evergrande to resolve the debt problem as soon as possible.\" The report pointed out that \"the Financial Stability and Development Committee of the State Council of China and<a href=\"https://laohu8.com/S/03333\">China Evergrande</a>At the meeting, the chairman of the board, Hui Ka-yin, asked him to quickly resolve the debt woes so as not to cause financial risks. \"</p><p>At the same time, according to a person familiar with the matter, about a month before this meeting with the Financial Stability Committee, the People's Bank of China and other regulatory agencies interviewed Evergrande and urged it to speed up the sale of assets, reduce debts and repay debts in time.</p><p>Silver Finance reporter called the relevant person in charge of China Evergrande about the authenticity of the report. The staff member said, \"I don't know where the source of the news is? It's not convenient to respond.\"</p><p><img src=\"https://static.tigerbbs.com/7bd9c5f6f455ab3d41aa3e821ab0cd24\" tg-width=\"840\" tg-height=\"470\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021070920454979d0dc51&s=b\">银柿财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/11035f651c5c16f8f951521b8717a989","relate_stocks":{"03333":"中国恒大"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021070920454979d0dc51&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150372686","content_text":"7月9日，有媒体报道《监管当局约见许家印，要求恒大尽快化解债务问题》，该报道指出，“中国国务院金融稳定发展委员会与中国恒大董事局主席许家印会面时，要求其快化解债务困境，以免引发金融风险。“\n同时据一位知情人士称，在此次与金稳委会面前大约一个月，人行等监管机构曾约谈恒大，督促其加快出售资产、削减债务并及时偿还债务。\n银柿财经记者就该报道的真实性致电中国恒大相关负责人，该工作人员表示：“不知道消息的信源是哪里？不方便回应。”","news_type":1,"symbols_score_info":{"03333":0.9}},"isVote":1,"tweetType":1,"viewCount":4322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130843291,"gmtCreate":1621525940013,"gmtModify":1704359163227,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"? ? ?&nbsp;","listText":"? ? ?&nbsp;","text":"? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/130843291","repostId":"1188576028","repostType":4,"isVote":1,"tweetType":1,"viewCount":4690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374231092,"gmtCreate":1619447562416,"gmtModify":1704724076507,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ?&nbsp;","listText":"? ? ? ?&nbsp;","text":"? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374231092","repostId":"1112124246","repostType":4,"repost":{"id":"1112124246","kind":"news","pubTimestamp":1619446921,"share":"https://ttm.financial/m/news/1112124246?lang=en_US&edition=fundamental","pubTime":"2021-04-26 22:22","market":"us","language":"zh","title":"Nonferrous sector moves higher as copper soars to decade high","url":"https://stock-news.laohu8.com/highlight/detail?id=1112124246","media":"智通财经","summary":"高盛将未来12个月铜目标价提高到1.1万美元/吨。","content":"<p>On April 26th (Monday), the non-ferrous metal plate rose intraday. As of press time,<a href=\"https://laohu8.com/S/FCX\">McMoRan Copper & Gold</a>rose by more than 6%,<a href=\"https://laohu8.com/S/AA\">Alcoa</a>Up more than 5%,<a href=\"https://laohu8.com/S/TRQ\">Turquoise Hill Resources</a>It rose by more than 4%, and Albemarle of the United States rose by more than 3%.</p><p><img src=\"https://static.tigerbbs.com/4747a8a90284928bc8ab8f9768b760f4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Previously, global copper prices soared to the highest level in a decade, with LUN copper rising to $9,700/t at one point. Includes<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Other institutions believe that considering the important role of copper in the green energy transition, the climate goals of various countries will make this round of copper price rebound the beginning of a longer-dimensional copper price rise.</p><p>Goldman Sachs raised its copper target price for the next 12 months to $11,000/ton, an increase of $500, or nearly 4.8%, from its reaffirmed 12-month copper target price two weeks ago.</p>","source":"highlight_zhitongcaijin","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>Nonferrous sector moves higher as copper soars to decade high</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNonferrous sector moves higher as copper soars to decade high\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经</strong><span class=\"h-time small\">2021-04-26 22:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On April 26th (Monday), the non-ferrous metal plate rose intraday. As of press time,<a href=\"https://laohu8.com/S/FCX\">McMoRan Copper & Gold</a>rose by more than 6%,<a href=\"https://laohu8.com/S/AA\">Alcoa</a>Up more than 5%,<a href=\"https://laohu8.com/S/TRQ\">Turquoise Hill Resources</a>It rose by more than 4%, and Albemarle of the United States rose by more than 3%.</p><p><img src=\"https://static.tigerbbs.com/4747a8a90284928bc8ab8f9768b760f4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Previously, global copper prices soared to the highest level in a decade, with LUN copper rising to $9,700/t at one point. Includes<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Other institutions believe that considering the important role of copper in the green energy transition, the climate goals of various countries will make this round of copper price rebound the beginning of a longer-dimensional copper price rise.</p><p>Goldman Sachs raised its copper target price for the next 12 months to $11,000/ton, an increase of $500, or nearly 4.8%, from its reaffirmed 12-month copper target price two weeks ago.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.zhitongcaijing.com/content/detail/458639.html\">智通财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/eeb9a4d452d8568bcc6a2558535ad160","relate_stocks":{"FCX":"麦克莫兰铜金","AA":"美国铝业"},"source_url":"https://www.zhitongcaijing.com/content/detail/458639.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"1112124246","content_text":"4月26日(周一)，有色金属板块盘中走高，截至发稿，麦克莫兰铜金涨超6%，美国铝业涨超5%，Turquoise Hill Resources涨超4%，美国雅宝公司涨超3%。此前全球铜价飙升至十年来的最高水平，伦铜一度升至9700美元/吨。包括高盛等机构认为，考虑到铜在绿色能源转型中的重要作用，各国的气候目标将使本轮铜价反弹成为更长维度铜价上涨的开始。高盛将未来12个月铜目标价提高到1.1万美元/吨，较两周前其重申的12个月铜目标价上调500美元，升幅将近4.8%。","news_type":1,"symbols_score_info":{"FCX":0.9,"AA":0.9,"TRQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1795,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382824952,"gmtCreate":1613433134276,"gmtModify":1704880382690,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$BNGO 20210219 10.0 PUT(BNGO)$</a>&nbsp;premiun safe","listText":"<a href=\"https://laohu8.com/S/BNGO\">$BNGO 20210219 10.0 PUT(BNGO)$</a>&nbsp;premiun safe","text":"$BNGO 20210219 10.0 PUT(BNGO)$ premiun safe","images":[{"img":"https://static.tigerbbs.com/93eba30719dcec32f96c0822d35958cf","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/382824952","isVote":1,"tweetType":1,"viewCount":1006,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":127743301,"gmtCreate":1624871175603,"gmtModify":1703846679674,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ?","listText":"? ? ? ?","text":"? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127743301","repostId":"2146881622","repostType":4,"repost":{"id":"2146881622","kind":"news","pubTimestamp":1624870410,"share":"https://ttm.financial/m/news/2146881622?lang=en_US&edition=fundamental","pubTime":"2021-06-28 16:53","market":"us","language":"zh","title":"Is it going to be eliminated by the times? The world's most bullish company loses $22.4 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2146881622","media":" 正解局","summary":"2005年，美国有3家石化企业跻身前十强；2020年，全部出局。正解局原创\n14年前左右，全球最牛的公司是埃克森美孚。\n这家石油公司，2006年营业收入高居全球第一，2007年市值又高居全球第一，风头","content":"<p>In 2005, three petrochemical enterprises in the United States ranked among the top ten; In 2020, all out. Positive Solution Original</p><p>Around 14 years ago, the world's best company was<a href=\"https://laohu8.com/S/XOM\">ExxonMobil</a>。</p><p>This oil company, whose operating income ranked first in the world in 2006 and its market value ranked first in the world in 2007, has been in the limelight for a while.</p><p>Today, ExxonMobil's market value has shrunk in half, and its operating income in 2020 lost $22.4 billion.</p><p>What has ExxonMobil done wrong in just over a decade?</p><p>Is it really hard for petrochemical enterprises?</p><p><img src=\"https://static.tigerbbs.com/1ffefa502a3b3b7343aa17156a17e8d6\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\">Exxon Mobil, from a famous family.</p><p>Its predecessor was the famous Standard Oil Company founded by Rockefeller.</p><p>The largest crude oil producer in the United States has a monopoly on 95% of U.S. refining capacity, 90% of oil transportation capacity and 25% of crude oil production.</p><p>The strength of monopoly is unprecedented and unprecedented in the history of the United States.</p><p>Because it was so powerful, in 1911, the Standard Oil empire was split into about 37 regional oil companies.</p><p>Among them, the largest one is Exxon (Standard Oil of New Jersey).</p><p>The general trend of the world, if you are together for a long time, you will be divided, and if you are divided for a long time</p><p>In 1999, Exxon Oil (New Jersey Standard Oil) merged with Mobil Oil to form Exxon Mobil Corporation, which became the world's largest oil company again.</p><p>A Big Mac is a Big Mac. The year after the merger, ExxonMobil landed on the Fortune Global 500 list, ranking third.</p><p><img src=\"https://static.tigerbbs.com/de976cf6d27f46cb0cf233283bc0397d\" tg-width=\"435\" tg-height=\"539\" referrerpolicy=\"no-referrer\">Top 10 of the world's top 500 list in 2000</p><p>Since then, ExxonMobil has been in the top five of the World 500 list all the year round. In 2006, it ranked first in the world in one fell swoop.<img src=\"https://static.tigerbbs.com/a05d48e79c0f57ea523f43697f69fdfa\" tg-width=\"660\" tg-height=\"665\" referrerpolicy=\"no-referrer\">Top 10 of the 2006 World's Top 500 List</p><p>2007 was also the highlight moment of ExxonMobil, with its market value ranking first in the world, reaching $525 billion at its peak.</p><p>It is such an awesome company. The 2020 financial report showed a loss of 22.44 billion US dollars, which is the first loss since the merger, and it may also be one of the most losing companies in the world.</p><p>The latest market cap is only $273.9 billion, only half of its peak.</p><p><img src=\"https://static.tigerbbs.com/93e38d7e4eaef842e365b7effdf8da04\" tg-width=\"840\" tg-height=\"470\">At $272.4 billion, ExxonMobil barely reaches the top spot<a href=\"https://laohu8.com/S/AAPL\">Apple</a>1/10th of the $2.24 trillion market cap.</p><p>In order to cope with the losses, ExxonMobil decided to lay off employees, suspend bonuses and sell assets to save itself.</p><p>ExxonMobil also plans to reduce headcount in its U.S. offices by 5% to 10% annually over the next three to five years, after announcing in 2020 that it will cut 14,000 jobs worldwide by 2022.</p><p>ExxonMobil's U.S. office lays off between 1,000 and 3,000 people a year, according to its workforce composition.</p><p>ExxonMobil has also taken measures such as suspending bonuses and stopping employee contribution matching to 401k savings plans.</p><p>In addition, ExxonMobil will sell stakes in 15 oil fields to get some blood back.<img src=\"https://static.tigerbbs.com/896a25d58495644c16903bb72d3ef94d\" tg-width=\"554\" tg-height=\"370\" referrerpolicy=\"no-referrer\">ExxonMobil Chemical Plant in Baytown, Texas</p><p>Average employees are at risk of losing their jobs, and times are tough at the top.</p><p>It comes after ExxonMobil replaced a quarter of its board over climate and financial concerns.</p><p><img src=\"https://static.tigerbbs.com/c3e19a6be56cb21660acb2bd3624b49d\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\"></p><p>Exxon Mobil loses money, there is an element of chance.</p><p>You know, in 2019, they also made a net profit of $14.340 billion.</p><p>Huge loss in 2020, this accidental factor is the COVID-19 epidemic.</p><p>Affected by the epidemic, the demand for oil has declined, and the international oil price has also plummeted. For details, see the article \"Sending 84 giant ships to bargain for oil, China becomes the biggest winner of the\" oil war \"?\"</p><p><img src=\"https://static.tigerbbs.com/e36c5ed02f7d9f7a3b6803cee6cead1d\" tg-width=\"660\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p>Crude oil price trend chart in recent years</p><p>With sales falling and prices falling, ExxonMobil's revenue was naturally greatly affected.</p><p>You see, as the epidemic was gradually controlled, the international oil price began to rise, and Exxon Mobil's revenue began to \"come back to life\" again.</p><p>The company's fiscal first quarter of 2021 showed net income attributable to ordinary shareholders of $2.730 billion.</p><p>If we go back to 2019 before the pandemic, it will be found that ExxonMobil's net income is also down compared to 2018.</p><p>Together with its declining market value, Exxon Mobil's recession is the general trend.</p><p>Therefore, there must be intrinsic factors behind Exxon's recession.</p><p>One, investment failure.</p><p>Energy companies like petrochemicals are in the business of buying and selling energy.</p><p>If you want to develop well, you have to rely on the annexation and expansion of production by the ancestor Rockefeller.</p><p>ExxonMobil has indeed inherited this very well. In the early days, the two companies merged and rose to the top of the world's largest oil company.</p><p>In the subsequent operation, ExxonMobil has continuously purchased high-quality upstream oil and gas assets, playing the wishful thinking of \"buying low and selling high\".</p><p>However, sometimes heaven's calculation is not as good as man.</p><p>In 2009, taking advantage of the international financial crisis, ExxonMobil spent $41 billion to acquire XTO Energy Company of the United States, and won fracturing technology and precious natural gas fields.</p><p>Originally, I expected to rely on natural gas to rise and make a fortune. Who would have imagined that it was copied on the top of the mountain.</p><p>As commodity prices fell in the years since, ExxonMobil Investments fell into the red, eventually withdrawing most of its investments.</p><p>Between 2009 and 2019, ExxonMobil spent $261 billion in capital expenditures, according to investment bank Evercore ISI.</p><p>Not only did oil and gas production not expand much, but it increased the debt by $45 billion.</p><p><img src=\"https://static.tigerbbs.com/a59dc22a96ff6d5e35155840a6e88e07\" tg-width=\"554\" tg-height=\"738\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1ee1f70017b5261ef909bca6227bfdfa\" tg-width=\"601\" tg-height=\"800\" referrerpolicy=\"no-referrer\"></p><p>ExxonMobil's Investments vs. Debt</p><p>Second, strategic mistakes.</p><p>ExxonMobil is very radical in investing in oil and gas resources, and very conservative in new energy.</p><p>Like other American oil companies, Exxon Mobil also believes that the demand for oil and gas energy will not decrease in the short term, and it is foolish to switch to new energy sources.</p><p>ExxonMobil is indeed stubborn. On the one hand, it looks down on new energy, and on the other hand, it invests $1 billion every year in the research of \"carbon capture and storage technology\".</p><p><img src=\"https://static.tigerbbs.com/7b9047c394c310e89c3534276bbb39c4\" tg-width=\"660\" tg-height=\"317\" referrerpolicy=\"no-referrer\"></p><p>Schematic diagram of \"Carbon Capture and Storage Technology\"</p><p>This technology, in simple terms, is to collect carbon dioxide produced by industrial life activities and store it in various ways to avoid its emission into the atmosphere.</p><p>ExxonMobil's little thought is that since the reason for not allowing oil to be used is for fear of carbon emissions, I simply capture and store the carbon so that I can let oil be used.</p><p>The ideal is plump, the reality is skinny.</p><p>This technology has been researched for forty or fifty years, and there has been little substantial progress.</p><p>ExxonMobil presumably \"ordered the wrong tech tree\".</p><p>The butt determines the head, it is really bad.</p><p><img src=\"https://static.tigerbbs.com/e76a5235faa31191b4c32e86aa9e1632\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\"></p><p>Does ExxonMobil's recession mean that petrochemical enterprises are having a hard time?</p><p>American petrochemical companies, to be precise, are having a hard time.</p><p>Let's first look at the 2006 Fortune 500, with ExxonMobil ranking first in the world.</p><p>Another noteworthy situation is that in the top ten, Royal Dutch Shell,<a href=\"https://laohu8.com/S/BP\">BP</a>Company,<a href=\"https://laohu8.com/S/CVX\">Chevron</a>Company, United States<a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>The companies are all petrochemical enterprises.</p><p>That is to say, in 2006, among the ten largest companies in the world, petrochemical enterprises accounted for five.</p><p><img src=\"https://static.tigerbbs.com/a05d48e79c0f57ea523f43697f69fdfa\" tg-width=\"660\" tg-height=\"665\" referrerpolicy=\"no-referrer\"></p><p>Top 10 of the 2006 World's Top 500 List</p><p>Looking at the 2020 list again, among the top ten, petrochemical enterprises still occupy 5 seats.</p><p><img src=\"https://static.tigerbbs.com/1c6271323e9fc6dd54a697ead7c24fc9\" tg-width=\"593\" tg-height=\"735\" referrerpolicy=\"no-referrer\"></p><p>Top 10 of the 2020 World's Top 500 List</p><p>However, American enterprises have changed a lot.</p><p>In 2005, three petrochemical enterprises in the United States ranked among the top ten; In 2020, all out.</p><p>The collective decline of petrochemical enterprises in the United States can be analyzed in another article.</p><p>The conservation of American petrochemical enterprises may be one of the reasons.</p><p>Unlike sticking to the oil and gas field, European petrochemical enterprises have taken the lead.</p><p>BP has announced that it will increase its investment in low-emission businesses 10-fold to $5 billion a year over the next 10 years, while reducing oil and gas production by 40%.</p><p><a href=\"https://laohu8.com/S/SNP\">Sinopec</a>、<a href=\"https://laohu8.com/S/PTR\">PetroChina</a>Also in transition.</p><p>Recently,<a href=\"https://laohu8.com/S/600028\">Sinopec Corp</a>A plan was announced to deploy 5,000 charging and swapping stations, 1,000 hydrogen refueling stations or oil-hydrogen joint construction stations, and 7,000 distributed photovoltaic power generation stations by 2025.</p><p><img src=\"https://static.tigerbbs.com/b7dc7c42418bdd914f31fab0e6a0e600\" tg-width=\"500\" tg-height=\"326\" referrerpolicy=\"no-referrer\"></p><p>Battery swap station in Sinopec gas station</p><p><a href=\"https://laohu8.com/S/601857\">PetroChina</a>It has also explored the \"oil + electricity\" transformation in many provinces and cities across the country, put into operation comprehensive energy supply service stations, and combined gas stations and charging piles into one to provide services for new energy vehicle owners.</p><p>This inward strategic transformation requires courage and is also an important measure to hedge the risks of the traditional petrochemical industry.</p><p>Low-carbon emission reduction has become the general trend of the times, and the global energy system is undergoing profound changes.</p><p>Ignoring or even resisting this trend will eventually be abandoned by the times. Disclaimer: The content of this article only represents the views of the author of the submitted article, and does not represent the position of Muddy Water. Please indicate the name of the contributor and attach the source of this article (Muddy Waters).<b>Muddy Waters reserves the right to investigate the corresponding responsibilities for those who fail to reprint according to the norms</b></p>","source":"lsy1568269639741","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 it going to be eliminated by the times? The world's most bullish company loses $22.4 billion</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: 12.5px; color: #7E829C; margin: 0;}\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 it going to be eliminated by the times? The world's most bullish company loses $22.4 billion\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\"> 正解局</strong><span class=\"h-time small\">2021-06-28 16:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p>In 2005, three petrochemical enterprises in the United States ranked among the top ten; In 2020, all out. Positive Solution Original</p><p>Around 14 years ago, the world's best company was<a href=\"https://laohu8.com/S/XOM\">ExxonMobil</a>。</p><p>This oil company, whose operating income ranked first in the world in 2006 and its market value ranked first in the world in 2007, has been in the limelight for a while.</p><p>Today, ExxonMobil's market value has shrunk in half, and its operating income in 2020 lost $22.4 billion.</p><p>What has ExxonMobil done wrong in just over a decade?</p><p>Is it really hard for petrochemical enterprises?</p><p><img src=\"https://static.tigerbbs.com/1ffefa502a3b3b7343aa17156a17e8d6\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\">Exxon Mobil, from a famous family.</p><p>Its predecessor was the famous Standard Oil Company founded by Rockefeller.</p><p>The largest crude oil producer in the United States has a monopoly on 95% of U.S. refining capacity, 90% of oil transportation capacity and 25% of crude oil production.</p><p>The strength of monopoly is unprecedented and unprecedented in the history of the United States.</p><p>Because it was so powerful, in 1911, the Standard Oil empire was split into about 37 regional oil companies.</p><p>Among them, the largest one is Exxon (Standard Oil of New Jersey).</p><p>The general trend of the world, if you are together for a long time, you will be divided, and if you are divided for a long time</p><p>In 1999, Exxon Oil (New Jersey Standard Oil) merged with Mobil Oil to form Exxon Mobil Corporation, which became the world's largest oil company again.</p><p>A Big Mac is a Big Mac. The year after the merger, ExxonMobil landed on the Fortune Global 500 list, ranking third.</p><p><img src=\"https://static.tigerbbs.com/de976cf6d27f46cb0cf233283bc0397d\" tg-width=\"435\" tg-height=\"539\" referrerpolicy=\"no-referrer\">Top 10 of the world's top 500 list in 2000</p><p>Since then, ExxonMobil has been in the top five of the World 500 list all the year round. In 2006, it ranked first in the world in one fell swoop.<img src=\"https://static.tigerbbs.com/a05d48e79c0f57ea523f43697f69fdfa\" tg-width=\"660\" tg-height=\"665\" referrerpolicy=\"no-referrer\">Top 10 of the 2006 World's Top 500 List</p><p>2007 was also the highlight moment of ExxonMobil, with its market value ranking first in the world, reaching $525 billion at its peak.</p><p>It is such an awesome company. The 2020 financial report showed a loss of 22.44 billion US dollars, which is the first loss since the merger, and it may also be one of the most losing companies in the world.</p><p>The latest market cap is only $273.9 billion, only half of its peak.</p><p><img src=\"https://static.tigerbbs.com/93e38d7e4eaef842e365b7effdf8da04\" tg-width=\"840\" tg-height=\"470\">At $272.4 billion, ExxonMobil barely reaches the top spot<a href=\"https://laohu8.com/S/AAPL\">Apple</a>1/10th of the $2.24 trillion market cap.</p><p>In order to cope with the losses, ExxonMobil decided to lay off employees, suspend bonuses and sell assets to save itself.</p><p>ExxonMobil also plans to reduce headcount in its U.S. offices by 5% to 10% annually over the next three to five years, after announcing in 2020 that it will cut 14,000 jobs worldwide by 2022.</p><p>ExxonMobil's U.S. office lays off between 1,000 and 3,000 people a year, according to its workforce composition.</p><p>ExxonMobil has also taken measures such as suspending bonuses and stopping employee contribution matching to 401k savings plans.</p><p>In addition, ExxonMobil will sell stakes in 15 oil fields to get some blood back.<img src=\"https://static.tigerbbs.com/896a25d58495644c16903bb72d3ef94d\" tg-width=\"554\" tg-height=\"370\" referrerpolicy=\"no-referrer\">ExxonMobil Chemical Plant in Baytown, Texas</p><p>Average employees are at risk of losing their jobs, and times are tough at the top.</p><p>It comes after ExxonMobil replaced a quarter of its board over climate and financial concerns.</p><p><img src=\"https://static.tigerbbs.com/c3e19a6be56cb21660acb2bd3624b49d\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\"></p><p>Exxon Mobil loses money, there is an element of chance.</p><p>You know, in 2019, they also made a net profit of $14.340 billion.</p><p>Huge loss in 2020, this accidental factor is the COVID-19 epidemic.</p><p>Affected by the epidemic, the demand for oil has declined, and the international oil price has also plummeted. For details, see the article \"Sending 84 giant ships to bargain for oil, China becomes the biggest winner of the\" oil war \"?\"</p><p><img src=\"https://static.tigerbbs.com/e36c5ed02f7d9f7a3b6803cee6cead1d\" tg-width=\"660\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p>Crude oil price trend chart in recent years</p><p>With sales falling and prices falling, ExxonMobil's revenue was naturally greatly affected.</p><p>You see, as the epidemic was gradually controlled, the international oil price began to rise, and Exxon Mobil's revenue began to \"come back to life\" again.</p><p>The company's fiscal first quarter of 2021 showed net income attributable to ordinary shareholders of $2.730 billion.</p><p>If we go back to 2019 before the pandemic, it will be found that ExxonMobil's net income is also down compared to 2018.</p><p>Together with its declining market value, Exxon Mobil's recession is the general trend.</p><p>Therefore, there must be intrinsic factors behind Exxon's recession.</p><p>One, investment failure.</p><p>Energy companies like petrochemicals are in the business of buying and selling energy.</p><p>If you want to develop well, you have to rely on the annexation and expansion of production by the ancestor Rockefeller.</p><p>ExxonMobil has indeed inherited this very well. In the early days, the two companies merged and rose to the top of the world's largest oil company.</p><p>In the subsequent operation, ExxonMobil has continuously purchased high-quality upstream oil and gas assets, playing the wishful thinking of \"buying low and selling high\".</p><p>However, sometimes heaven's calculation is not as good as man.</p><p>In 2009, taking advantage of the international financial crisis, ExxonMobil spent $41 billion to acquire XTO Energy Company of the United States, and won fracturing technology and precious natural gas fields.</p><p>Originally, I expected to rely on natural gas to rise and make a fortune. Who would have imagined that it was copied on the top of the mountain.</p><p>As commodity prices fell in the years since, ExxonMobil Investments fell into the red, eventually withdrawing most of its investments.</p><p>Between 2009 and 2019, ExxonMobil spent $261 billion in capital expenditures, according to investment bank Evercore ISI.</p><p>Not only did oil and gas production not expand much, but it increased the debt by $45 billion.</p><p><img src=\"https://static.tigerbbs.com/a59dc22a96ff6d5e35155840a6e88e07\" tg-width=\"554\" tg-height=\"738\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1ee1f70017b5261ef909bca6227bfdfa\" tg-width=\"601\" tg-height=\"800\" referrerpolicy=\"no-referrer\"></p><p>ExxonMobil's Investments vs. Debt</p><p>Second, strategic mistakes.</p><p>ExxonMobil is very radical in investing in oil and gas resources, and very conservative in new energy.</p><p>Like other American oil companies, Exxon Mobil also believes that the demand for oil and gas energy will not decrease in the short term, and it is foolish to switch to new energy sources.</p><p>ExxonMobil is indeed stubborn. On the one hand, it looks down on new energy, and on the other hand, it invests $1 billion every year in the research of \"carbon capture and storage technology\".</p><p><img src=\"https://static.tigerbbs.com/7b9047c394c310e89c3534276bbb39c4\" tg-width=\"660\" tg-height=\"317\" referrerpolicy=\"no-referrer\"></p><p>Schematic diagram of \"Carbon Capture and Storage Technology\"</p><p>This technology, in simple terms, is to collect carbon dioxide produced by industrial life activities and store it in various ways to avoid its emission into the atmosphere.</p><p>ExxonMobil's little thought is that since the reason for not allowing oil to be used is for fear of carbon emissions, I simply capture and store the carbon so that I can let oil be used.</p><p>The ideal is plump, the reality is skinny.</p><p>This technology has been researched for forty or fifty years, and there has been little substantial progress.</p><p>ExxonMobil presumably \"ordered the wrong tech tree\".</p><p>The butt determines the head, it is really bad.</p><p><img src=\"https://static.tigerbbs.com/e76a5235faa31191b4c32e86aa9e1632\" tg-width=\"660\" tg-height=\"176\" referrerpolicy=\"no-referrer\"></p><p>Does ExxonMobil's recession mean that petrochemical enterprises are having a hard time?</p><p>American petrochemical companies, to be precise, are having a hard time.</p><p>Let's first look at the 2006 Fortune 500, with ExxonMobil ranking first in the world.</p><p>Another noteworthy situation is that in the top ten, Royal Dutch Shell,<a href=\"https://laohu8.com/S/BP\">BP</a>Company,<a href=\"https://laohu8.com/S/CVX\">Chevron</a>Company, United States<a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>The companies are all petrochemical enterprises.</p><p>That is to say, in 2006, among the ten largest companies in the world, petrochemical enterprises accounted for five.</p><p><img src=\"https://static.tigerbbs.com/a05d48e79c0f57ea523f43697f69fdfa\" tg-width=\"660\" tg-height=\"665\" referrerpolicy=\"no-referrer\"></p><p>Top 10 of the 2006 World's Top 500 List</p><p>Looking at the 2020 list again, among the top ten, petrochemical enterprises still occupy 5 seats.</p><p><img src=\"https://static.tigerbbs.com/1c6271323e9fc6dd54a697ead7c24fc9\" tg-width=\"593\" tg-height=\"735\" referrerpolicy=\"no-referrer\"></p><p>Top 10 of the 2020 World's Top 500 List</p><p>However, American enterprises have changed a lot.</p><p>In 2005, three petrochemical enterprises in the United States ranked among the top ten; In 2020, all out.</p><p>The collective decline of petrochemical enterprises in the United States can be analyzed in another article.</p><p>The conservation of American petrochemical enterprises may be one of the reasons.</p><p>Unlike sticking to the oil and gas field, European petrochemical enterprises have taken the lead.</p><p>BP has announced that it will increase its investment in low-emission businesses 10-fold to $5 billion a year over the next 10 years, while reducing oil and gas production by 40%.</p><p><a href=\"https://laohu8.com/S/SNP\">Sinopec</a>、<a href=\"https://laohu8.com/S/PTR\">PetroChina</a>Also in transition.</p><p>Recently,<a href=\"https://laohu8.com/S/600028\">Sinopec Corp</a>A plan was announced to deploy 5,000 charging and swapping stations, 1,000 hydrogen refueling stations or oil-hydrogen joint construction stations, and 7,000 distributed photovoltaic power generation stations by 2025.</p><p><img src=\"https://static.tigerbbs.com/b7dc7c42418bdd914f31fab0e6a0e600\" tg-width=\"500\" tg-height=\"326\" referrerpolicy=\"no-referrer\"></p><p>Battery swap station in Sinopec gas station</p><p><a href=\"https://laohu8.com/S/601857\">PetroChina</a>It has also explored the \"oil + electricity\" transformation in many provinces and cities across the country, put into operation comprehensive energy supply service stations, and combined gas stations and charging piles into one to provide services for new energy vehicle owners.</p><p>This inward strategic transformation requires courage and is also an important measure to hedge the risks of the traditional petrochemical industry.</p><p>Low-carbon emission reduction has become the general trend of the times, and the global energy system is undergoing profound changes.</p><p>Ignoring or even resisting this trend will eventually be abandoned by the times. Disclaimer: The content of this article only represents the views of the author of the submitted article, and does not represent the position of Muddy Water. Please indicate the name of the contributor and attach the source of this article (Muddy Waters).<b>Muddy Waters reserves the right to investigate the corresponding responsibilities for those who fail to reprint according to the norms</b></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/7-k9ecgcKloqfvP1ovs-4w\"> 正解局</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/896a25d58495644c16903bb72d3ef94d","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://mp.weixin.qq.com/s/7-k9ecgcKloqfvP1ovs-4w","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146881622","content_text":"2005年，美国有3家石化企业跻身前十强；2020年，全部出局。正解局原创\n14年前左右，全球最牛的公司是埃克森美孚。\n这家石油公司，2006年营业收入高居全球第一，2007年市值又高居全球第一，风头一时无两。\n今天，埃克森美孚市值缩水一半，2020年营业收入更是亏损了224亿美元。\n短短十多年，埃克森美孚做错了什么？\n石化企业，日子真的不好过了吗？\n埃克森美孚，出身名门。\n其前身，便是洛克菲勒创办的大名鼎鼎的标准石油公司。\n这家美国最大的原油生产商，垄断了美国95%的炼油能力、90%的输油能力、25%的原油产量。\n垄断力度之大，在美国历史上，前无古人，亦后无来者。\n因为实在过于强大，1911年，标准石油帝国被拆分为约37家地区性石油公司。\n其中，最大的那一家，便是埃克森（新泽西标准石油）。\n天下大势，合久必分，分久必合。\n1999年，埃克森石油（新泽西标准石油）与美孚石油合并为埃克森美孚公司，摇身一变，又成为了世界第一大石油公司。\n巨无霸就是巨无霸。合并的第二年，埃克森美孚登上了财富世界500强榜单，位列第三名。\n2000年世界500强排行榜前十\n此后，埃克森美孚便常年在世界500榜单前5强。2006年，更是一举跃居世界第一。2006年世界500强排行榜前十\n2007年也是埃克森美孚的高光时刻，市值稳居全球第一，峰值时期曾达到5250亿美元。\n就是这么一家牛逼的公司，2020年的财报显示，亏损224.40亿美元，这是合并以来首次亏损，可能也是全球亏损最多的公司之一。\n最新的市值，也只有2739亿美元，仅为巅峰时期的一半。\n而到如今，埃克森美孚的市值仅为2724亿美元，勉强达到榜首苹果的2.24万亿美元市值的1/10。\n为了应对亏损，埃克森美孚决定裁员、暂停发奖金、卖资产以自救。\n自2020年宣布到2022年在全球裁员14000人之后，埃克森美孚还计划在未来三到五年内，将其美国办事处的员工人数每年减少5%至10%。\n按照埃克森美孚的员工构成，美国办事处每年要裁掉1000到3000人。\n埃克森美孚还采取暂停发放奖金、停止员工对401k储蓄计划的贡献匹配等措施。\n此外，埃克森美孚将出售15个油田的股份，回点血。位于得克萨斯州贝敦的埃克森美孚化工厂\n普通员工面临失业风险，高层的日子也不好过。\n此前，因气候和财务问题，埃克森美孚更换了四分之一的董事会成员。\n\n埃克森美孚亏损，有偶然因素。\n要知道，2019年，他们还赚了143.40亿美元的净利润。\n2020年巨亏，这个偶然因素就是新冠疫情。\n受疫情影响，石油需求下降，国际油价也大跌，具体可看正解局《派84艘巨轮抄底石油，中国成为“石油大战”最大赢家？》这篇文章。\n\n近几年的原油价格走势图\n销量下降，价格又降低，埃克森美孚的营收自然大受影响。\n你看，随着疫情逐步被控制，国际油价开始上升，埃克森美孚的营收，又开始“起死回生”。\n公司2021财年第一财季显示，归属于普通股东净利润为27.30亿美元。\n如果我们回到疫情之前的2019年，会发现，与2018年相比，埃克森美孚的净利润也是下降的。\n再联系其一路下跌的市值，埃克森美孚衰退，已是大势。\n因此，埃克森美孚的衰退背后，肯定有着内在因素。\n其一，投资失败。\n像石化这样的能源企业，做的就是买卖能源的生意。\n要想发展得好，就要靠祖师爷洛克菲勒兼并、扩产那一套。\n埃克森美孚确实很好地继承了这一点，早期便是两家合并，一举登顶全球最大石油企业。\n在此后的经营中，埃克森美孚不断购买优质上游油气资产，打的是“低买高卖”的如意算盘。\n然而，有时候人算不如天算。\n2009年，趁着国际金融危机，埃克森美孚豪掷410亿美元收购美国XTO能源公司，拿下压裂技术和珍贵的天然气田。\n本来期望靠天然气大涨，狠赚一把。谁承想，抄在了山顶。\n随着此后几年大宗商品价格的下跌，埃克森美孚投资陷入亏损，最终撤销了大部分投资。\n投资银行Evercore ISI的数据显示，2009年至2019年期间，埃克森美孚的资本支出为2610亿美元。\n不仅油气产量没扩大多少，反而增加了450亿美元的债务。\n\n埃克森美孚的投资与债务\n其二，战略失误。\n埃克森美孚在投资油气资源上，非常激进，在新能源上，又很保守。\n如其他美国石油企业一样，埃克森美孚也认为，短期内，油气能源需求不会减少，转向新能源是愚蠢。\n埃克森美孚确实比较顽固，一方面看不上新能源，另一方面每年投资10亿美元在“碳捕获与封存技术”研究上。\n\n“碳捕获与封存技术”示意图\n这项技术，简单来说，就是将工业生活活动所产生的二氧化碳收集起来，并用各种方法储存，以避免其排放到大气中。\n埃克森美孚的小心思是，既然不让用石油的原因是怕碳排放，那我索性把碳捕捉并封存起来，这样就可以让用石油了。\n理想很丰满，现实很骨感。\n这项技术研究了四五十年，也没什么实质性的进展。\n埃克森美孚大概是“点错了科技树”。\n屁股决定脑袋，实在要不得。\n\n埃克森美孚的衰退，是不是意味着石化企业，日子不好过了？\n准确地说，是美国石化企业，日子不好过了。\n还是先看2006年世界500强，埃克森美孚位居世界第一。\n另一个值得注意的情况是，前十强中，荷兰皇家壳牌石油公司、英国石油公司、雪佛龙公司、美国康菲石油公司都是石化企业。\n也就是说，2006年全球最大的十家公司，石化企业独占5家。\n\n2006年世界500强排行榜前十\n再看2020年榜单，前十强中，石化企业依然占据5席。\n\n2020年世界500强排行榜前十\n只是，美国企业变化比较大。\n2005年，美国有3家石化企业跻身前十强；2020年，全部出局。\n美国石化企业的集体性衰退，可以另写一篇文章分析。\n美国石化企业的保守，可能是原因之一。\n与固守油气领域不同，欧洲石化企业已先行一步。\n英国石油公司宣布，未来10年将把低排放业务的投资增加10倍，达到每年50亿美元，同时将油气产量缩减40%。\n中石化、中石油也在转型。\n最近，中国石化对外宣布了一项规划，到2025年将布局5000座充换电站，1000座加氢站或油氢合建站，以及7000座分布式光伏发电站点。\n\n中石化加油站内换电站\n中国石油也在全国多个省市探索“油＋电”转型，投运综合供能服务站，将加油站与充电桩合二为一，为新能源车主提供服务。\n这种刀刃向内的战略转型，需要勇气，也是对冲传统石化行业风险的重要举措。\n低碳减排已成时代大势，全球能源体系正发生深刻变化。\n无视乃至抵制这种趋势，终将为时代所抛弃。声明：本文内容仅代表该投稿文章作者观点，不代表浑水号立场。转载请注明投稿人姓名并附上本文出处（浑水号）。未按照规范转载者，浑水号保留追究相应责任的权利","news_type":1,"symbols_score_info":{"XOM":0.9}},"isVote":1,"tweetType":1,"viewCount":4832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190942789,"gmtCreate":1620575882641,"gmtModify":1704345112391,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ?&nbsp;","listText":"? ? ? ?&nbsp;","text":"? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/190942789","repostId":"1164615477","repostType":4,"isVote":1,"tweetType":1,"viewCount":3825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372856465,"gmtCreate":1619193208057,"gmtModify":1704721142874,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ? ? ?&nbsp;","listText":"? ? ? ? ? ?&nbsp;","text":"? ? ? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372856465","repostId":"2129035903","repostType":4,"repost":{"id":"2129035903","kind":"news","weMediaInfo":{"introduction":"全球第五大财经门户网站Investing.com中国官方微信，提供全球各国海量金融资讯和实时行情数据，包括股票股指、外汇、期货、基金、债券、加密货币等。关注全球金融市场动态的投资者千万不可错过。","home_visible":1,"media_name":"英为财情Investing","id":"92","head_image":"https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313"},"pubTimestamp":1619191931,"share":"https://ttm.financial/m/news/2129035903?lang=en_US&edition=fundamental","pubTime":"2021-04-23 23:32","market":"us","language":"zh","title":"Two K12 giants have released financial reports successively. Who has a \"good future\"?","url":"https://stock-news.laohu8.com/highlight/detail?id=2129035903","media":"英为财情Investing","summary":"中国两大教育巨头近日前后脚公布了最新的财报数据，在经历了股价波动性较高的一季度以后，这两家公司的财报受到了投资者的密切关注。\n根据行情数据显示，和在美股上市的股票价格今年以来已经双双累计跌逾12%，这","content":"<p>China's two major education giants have recently released the latest financial data. After experiencing a high volatility in the first quarter, the financial reports of the two companies have been closely watched by investors.</p><p>According to the market data, the prices of stocks listed on the US stock market have both dropped by more than 12% this year, which is not only significantly weaker than the trend of the US stock market, but also inconsistent with the trend of vigorous economic recovery in the \"post-epidemic\" era.</p><p>The weakness of China Education Stock can be traced back to January this year. At that time, the website of the Central Commission for Discipline Inspection and the State Supervision Commission issued a document pointing out various problems existing in online education. There are also media sources that after-school tutoring institutions have been raided by relevant regulatory authorities. And at that time<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>Not committed to the news.</p><p>In the next few months, online education was frequently named by relevant departments and official media, and the question of how to standardize the education and training industry also triggered heated social discussion. Chen Baosheng, the Minister of Education, recently said that this year, we should vigorously manage and rectify off-campus training institutions. On March 31, Lv Yugang, director of the Department of Basic Education of the Ministry of Education, said at the press conference of the State Council Information Office that this year, the Ministry of Education has included the governance of training institutions as a key task, and further strengthened the governance of off-campus training institutions. With the successive introduction of regulatory policies, 2021 is also regarded as a transformative year for the education and training industry.</p><p>In the strict regulatory environment, Wall Street has also turned,<a href=\"https://laohu8.com/S/C\">Citigroup</a>The analysts will<a href=\"https://laohu8.com/S/TAL\">TAL</a>The price target of was lowered by $20; While<a href=\"https://laohu8.com/S/JEF\">Jefferies</a>Analysts believe that the impact of regulation on leading enterprises will not be too great. However, the investment bank also said that in the current situation of more news, investors chose to \"vote with their feet\" and sell stocks first, which is a common way for Wall Street investors to deal with negative news of international stocks.</p><p><b>1、</b>TAL</p><p>According to the latest data released by TAL, the company's revenue in Q4 fiscal year 2021 was $1.36 billion, a year-on-year increase of 59%, which was better than the company's guidance estimate of between $1.175 billion and $1.2 billion released in Q3. The company achieved revenue of about $4.5 billion for the whole year, a year-on-year increase of 37.3%. However, its losses also amplified, with a net loss of $169 million in the fourth quarter, an increase of 87.56% from a net loss of $90 million in the same period of last year, and a net loss of $116 million for the whole year.</p><p>It should be noted that TAL's losses have increased mainly because of the substantial increase in marketing expenses brought by the online education war. Recently, the competition among major online educational institutions has become more and more fierce, the company's advertising investment has further soared, and the overall marketing expenses have soared. Specifically, the company's Q4 sales expenses reached US$660 million, a year-on-year increase of 172%; The annual sales expenses amounted to RMB1.68 billion, representing a year-on-year increase of 37.4%.</p><p>Although backed by a strict regulatory environment and a large number of advertisements before the winter vacation, the regulatory authorities paid attention to it, the revenue of online courses in Q4 Company was about 440 million USD, a year-on-year increase of 115%, accounting for a substantial increase from 24% in the same period last year to 32%. The number of participants in long-term regular-price courses increased by 71% year-on-year to 3.5 million, and the ASP of regular-price courses increased by 9% year-on-year.</p><p>According to the market data of Investing.com, at the beginning of TAL's financial report, the market gave the stock a relatively positive reaction (up about 6% before the market), but then the stock price fell back and finally closed down 2.16%.</p><p>Market analysts believe that under the severe pressure of higher education in China, the company still has huge opportunities in the extracurricular tutoring market. Although the competition is fierce, under the background of stricter supervision, the competition will become calmer, and its management of marketing expenses is also expected to improve. The company's market outlook is more rational in terms of online expansion. And its cash flow remains as high as $5.938 billion.</p><p>TAL expects its revenue to increase by 43%-45% year-over-year to between $1,302.2 million and $1,320.5 million in Q1 fiscal 2022 (the three months ended May 31, 2021).</p><p><b>2、</b>New Oriental</p><p>Earlier this week, TAL's top rival New Oriental also released its earnings report. According to the data, in the third quarter of fiscal 2021, New Oriental's net revenue exceeded $1.19 billion, up 29% year-on-year, and in addition, Q3.151 billion, up 9.9% year-on-year. Earnings per ADS were $0.09, the same as $0.09 in the same period last year, and the market expectation was $0.06.</p><p>Like TAL, in the face of a fierce competitive environment, the company's business expansion has also led to an increase in costs. Data shows that in Q3 of fiscal 2021, New Oriental continued to expand the coverage of OMO systems, investing $59 million to trial OMO online courses in existing cities and 25 new surrounding satellite cities. (OMO strategy refers to the Online-Merge-Offline model, which aims to deeply integrate Online and Offline channels, and is considered to be a business model with greater market efficiency after O2O.)</p><p>In the third quarter of fiscal 2021, New Oriental's operating costs and expenses were $1,089 million, up 35.1% year-over-year; Cost of revenue was $529.5 million, up 35.3% year-on-year; Selling and marketing expenses were US$156.1 million, representing a year-on-year increase of 32.0%; General and administrative expenses amounted to US$393.4 million, representing a year-on-year increase of 36.1%. However, the increase in costs has also caused the company's profit margins to be suppressed.</p><p>However, New Oriental is still profitable, which also makes Wall Street investors more \"tolerant\" towards it. On the day of the financial report, the company's share price closed up more than 6.4%.</p><p>Analysts believe that with China's better control of the epidemic, offline education has also picked up, and the two educational methods can complement each other, which can help established educational institutions like New Oriental seize more markets and resources. However, it is undeniable that in the fierce competitive environment, the erosion of the market share of the stock by other industry players cannot be ignored.</p><p>New Oriental forecasts that its revenue will increase by 38%-43% year-on-year to between $1,101.9 million and $1,141.8 million in Q4 fiscal 2021 (the three months ended May 31, 2021).</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>Two K12 giants have released financial reports successively. Who has a \"good future\"?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTwo K12 giants have released financial reports successively. Who has a \"good future\"?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/92\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">英为财情Investing </p>\n<p class=\"h-time smaller\">2021-04-23 23:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>China's two major education giants have recently released the latest financial data. After experiencing a high volatility in the first quarter, the financial reports of the two companies have been closely watched by investors.</p><p>According to the market data, the prices of stocks listed on the US stock market have both dropped by more than 12% this year, which is not only significantly weaker than the trend of the US stock market, but also inconsistent with the trend of vigorous economic recovery in the \"post-epidemic\" era.</p><p>The weakness of China Education Stock can be traced back to January this year. At that time, the website of the Central Commission for Discipline Inspection and the State Supervision Commission issued a document pointing out various problems existing in online education. There are also media sources that after-school tutoring institutions have been raided by relevant regulatory authorities. And at that time<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>Not committed to the news.</p><p>In the next few months, online education was frequently named by relevant departments and official media, and the question of how to standardize the education and training industry also triggered heated social discussion. Chen Baosheng, the Minister of Education, recently said that this year, we should vigorously manage and rectify off-campus training institutions. On March 31, Lv Yugang, director of the Department of Basic Education of the Ministry of Education, said at the press conference of the State Council Information Office that this year, the Ministry of Education has included the governance of training institutions as a key task, and further strengthened the governance of off-campus training institutions. With the successive introduction of regulatory policies, 2021 is also regarded as a transformative year for the education and training industry.</p><p>In the strict regulatory environment, Wall Street has also turned,<a href=\"https://laohu8.com/S/C\">Citigroup</a>The analysts will<a href=\"https://laohu8.com/S/TAL\">TAL</a>The price target of was lowered by $20; While<a href=\"https://laohu8.com/S/JEF\">Jefferies</a>Analysts believe that the impact of regulation on leading enterprises will not be too great. However, the investment bank also said that in the current situation of more news, investors chose to \"vote with their feet\" and sell stocks first, which is a common way for Wall Street investors to deal with negative news of international stocks.</p><p><b>1、</b>TAL</p><p>According to the latest data released by TAL, the company's revenue in Q4 fiscal year 2021 was $1.36 billion, a year-on-year increase of 59%, which was better than the company's guidance estimate of between $1.175 billion and $1.2 billion released in Q3. The company achieved revenue of about $4.5 billion for the whole year, a year-on-year increase of 37.3%. However, its losses also amplified, with a net loss of $169 million in the fourth quarter, an increase of 87.56% from a net loss of $90 million in the same period of last year, and a net loss of $116 million for the whole year.</p><p>It should be noted that TAL's losses have increased mainly because of the substantial increase in marketing expenses brought by the online education war. Recently, the competition among major online educational institutions has become more and more fierce, the company's advertising investment has further soared, and the overall marketing expenses have soared. Specifically, the company's Q4 sales expenses reached US$660 million, a year-on-year increase of 172%; The annual sales expenses amounted to RMB1.68 billion, representing a year-on-year increase of 37.4%.</p><p>Although backed by a strict regulatory environment and a large number of advertisements before the winter vacation, the regulatory authorities paid attention to it, the revenue of online courses in Q4 Company was about 440 million USD, a year-on-year increase of 115%, accounting for a substantial increase from 24% in the same period last year to 32%. The number of participants in long-term regular-price courses increased by 71% year-on-year to 3.5 million, and the ASP of regular-price courses increased by 9% year-on-year.</p><p>According to the market data of Investing.com, at the beginning of TAL's financial report, the market gave the stock a relatively positive reaction (up about 6% before the market), but then the stock price fell back and finally closed down 2.16%.</p><p>Market analysts believe that under the severe pressure of higher education in China, the company still has huge opportunities in the extracurricular tutoring market. Although the competition is fierce, under the background of stricter supervision, the competition will become calmer, and its management of marketing expenses is also expected to improve. The company's market outlook is more rational in terms of online expansion. And its cash flow remains as high as $5.938 billion.</p><p>TAL expects its revenue to increase by 43%-45% year-over-year to between $1,302.2 million and $1,320.5 million in Q1 fiscal 2022 (the three months ended May 31, 2021).</p><p><b>2、</b>New Oriental</p><p>Earlier this week, TAL's top rival New Oriental also released its earnings report. According to the data, in the third quarter of fiscal 2021, New Oriental's net revenue exceeded $1.19 billion, up 29% year-on-year, and in addition, Q3.151 billion, up 9.9% year-on-year. Earnings per ADS were $0.09, the same as $0.09 in the same period last year, and the market expectation was $0.06.</p><p>Like TAL, in the face of a fierce competitive environment, the company's business expansion has also led to an increase in costs. Data shows that in Q3 of fiscal 2021, New Oriental continued to expand the coverage of OMO systems, investing $59 million to trial OMO online courses in existing cities and 25 new surrounding satellite cities. (OMO strategy refers to the Online-Merge-Offline model, which aims to deeply integrate Online and Offline channels, and is considered to be a business model with greater market efficiency after O2O.)</p><p>In the third quarter of fiscal 2021, New Oriental's operating costs and expenses were $1,089 million, up 35.1% year-over-year; Cost of revenue was $529.5 million, up 35.3% year-on-year; Selling and marketing expenses were US$156.1 million, representing a year-on-year increase of 32.0%; General and administrative expenses amounted to US$393.4 million, representing a year-on-year increase of 36.1%. However, the increase in costs has also caused the company's profit margins to be suppressed.</p><p>However, New Oriental is still profitable, which also makes Wall Street investors more \"tolerant\" towards it. On the day of the financial report, the company's share price closed up more than 6.4%.</p><p>Analysts believe that with China's better control of the epidemic, offline education has also picked up, and the two educational methods can complement each other, which can help established educational institutions like New Oriental seize more markets and resources. However, it is undeniable that in the fierce competitive environment, the erosion of the market share of the stock by other industry players cannot be ignored.</p><p>New Oriental forecasts that its revenue will increase by 38%-43% year-on-year to between $1,101.9 million and $1,141.8 million in Q4 fiscal 2021 (the three months ended May 31, 2021).</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/95a52bac654e212de5e6a737e01fc5ff","relate_stocks":{"09901":"新东方-S","TAL":"好未来","EDU":"新东方"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129035903","content_text":"中国两大教育巨头近日前后脚公布了最新的财报数据，在经历了股价波动性较高的一季度以后，这两家公司的财报受到了投资者的密切关注。\n根据行情数据显示，和在美股上市的股票价格今年以来已经双双累计跌逾12%，这不仅大幅弱于美股大盘的走势，也并不符合“后疫情”时代经济蓬勃复苏的趋势。\n中概教育股的弱势，可以追溯到今年1月，彼时，中央纪委国家监委网站发文直指在线教育存在的种种问题。还有媒体消息称，课后辅导机构受到了相关监管部门的突击检查。而当时新东方对这一消息不置可否。\n接下来的几个月里，在线教育频频被有关部门和官媒点名，关于如何规范教培行业的问题也引发了社会热议。教育部部长陈宝生近期表示，今年要大力度治理整顿校外培训机构。3月31日，教育部基础教育司司长吕玉刚在国新办发布会上表示，今年教育部把培训机构治理工作列入重点工作任务，进一步加大校外培训机构治理力度。随着监管政策的陆续出台，2021年也被视作教培行业变革性的一年。\n严监管环境下，华尔街也纷纷转向，花旗的分析师将好未来的目标价下调了20美元；而杰富瑞的分析师则认为，监管对于龙头企业的影响不会太大。但是该投行也表示，在当前消息较多的情况下，投资者选择了“用脚投票”，先抛售股票，这是华尔街投资者对国际股票负面消息常见的处理方式。\n1、好未来\n好未来最新公布的数据显示，公司2021财年Q4季度营收为13.6亿美元，同比增长59%，优于公司Q3时公布的指引预期11.75-12亿美元之间，全年公司实现收入约45亿美元，同比增长37.3%。但是，其亏损也放大，第四季净亏损为1.69亿美元，较上年同期的净亏损0.90亿美元扩大87.56%，全年净亏损为1.160亿美元。\n需要注意的是，好未来的亏损加大，主要是因为线上教育大战所带来的营销费用大幅增长。近期，各大头部在线教育机构之间的竞争越发激烈，公司的广告投入也进一步激增，整体营销费用大幅飙升。具体而言，公司Q4销售费用达到6.6亿美元，同比大增172%；全年销售费用16.8亿元，同比大增37.4%。\n虽然背靠严监管环境，而且寒假前的广告大量投放问题，被监管部门关注，但是Q4公司在线课程实现收入约4.4亿美元，同比增长115%，占比从去年同期的24%大幅增至32%，长期正价课程的参培人数同比增长71%达到350万人，正价课程ASP同比增长9%。\n根据英为财情Investing.com的行情数据显示，在好未来公布财报之初，市场给予该股较为正面的反应(盘前涨约6%)，但是随后股价回落，最终收跌2.16%。\n市场分析师认为，在中国严峻的升学压力之下，公司在课外辅导市场仍然具备巨大机会，虽然竞争激烈，但是在监管趋严的背景下，竞争会更加趋于冷静，其在营销费用的管理方面也有望提升。公司后市在线上扩张方面更理性。而且其现金流仍然高达59.38亿美元。\n好未来预计，2022财年Q1(截至2021年5月31日止三个月)，其营收同比增长43%-45%，至13.022亿美元-13.205亿美元之间。\n2、新东方\n本周稍早前，好未来的头号竞争对手新东方也发布了财报。数据显示，2021财年第三季度，新东方净收入超11.9亿美元，同比增长29%，此外，Q31.51亿美元，同比增长9.9%。每ADS盈利0.09美元，和去年同期的0.09美元持平，市场预期0.06美元。\n和好未来一样，面对激烈的竞争环境，公司业务扩张也导致了成本的增加，数据显示，2021财年Q3，新东方继续扩大OMO系统的覆盖范围，投入5900万美元，在现有城市和周围的25个新的卫星城市中试用OMO在线课程。(OMO战略是指Online-Merge-Offline模式，旨在深度融合线上和线下渠道，被认为是继O2O之后市场效率更大提升的商业模式。)\n在2021财年第三季度，新东方运营成本和开支为10.890亿美元，同比增长35.1%；营收成本为5.295亿美元，同比增长35.3%；销售及营销开支为1.561亿美元，同比增长32.0%；总务及行政开支为3.934亿美元，同比增长36.1%。不过成本的增长也导致了公司的利润空间受到压制。\n不过，新东方仍然盈利，这也让华尔街的投资者对其更为“宽容”，在财报发布当日，公司股价收盘涨超6.4%。\n分析师认为，在中国较好地控制疫情的情况下，线下教育也已经回暖，两种教育方式就能得到相互补充，可以帮助新东方这样的老牌教育机构抢占更多市场和资源。但是不可否认的是，激烈的竞争环境中，其他行业参与者对该股市场份额的侵蚀也不容忽视。\n新东方预测，2021财年Q4(截至2021年5月31日止三个月)，其营收同比增长38%-43%，至11.019亿美元-11.418亿美元之间。","news_type":1,"symbols_score_info":{"09901":0.9,"EDU":0.9,"TAL":0.9}},"isVote":1,"tweetType":1,"viewCount":1661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357492611,"gmtCreate":1617288267833,"gmtModify":1704698415061,"author":{"id":"3573373078542650","authorId":"3573373078542650","name":"KeithHan","avatar":"https://static.tigerbbs.com/499148728d0c775136a5099e0d8769c0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573373078542650","authorIdStr":"3573373078542650"},"themes":[],"htmlText":"? ? ? ? ? ? ? ?","listText":"? ? ? ? ? ? ? ?","text":"? ? ? ? ? ? ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/357492611","repostId":"1123979727","repostType":4,"repost":{"id":"1123979727","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617287972,"share":"https://ttm.financial/m/news/1123979727?lang=en_US&edition=fundamental","pubTime":"2021-04-01 22:39","market":"us","language":"zh","title":"Youxin skyrocketed over 40%, and the company signed letters of intent for investment with two well-known funds","url":"https://stock-news.laohu8.com/highlight/detail?id=1123979727","media":"老虎资讯综合","summary":"4月1日，优信二手车盘中暴涨超40%，公司与两家知名的亚洲基金签订投资意向书。优信二手车宣布，公司已于4月1日与两家亚洲投资基金签订具约束力的投资意向书。据此，潜在投资者已同意与公司就认购高级可转换优","content":"<p>On April 1,<a href=\"https://laohu8.com/S/UXIN\">Uxin</a>Used cars soared by more than 40% in intraday trading, and the company signed letters of intent to invest with two well-known Asian funds.</p><p><img src=\"https://static.tigerbbs.com/2167fabccf148c1d56d49b6c72965108\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/UXIN\">Uxin</a>Used Cars announced that the company has signed binding letters of intent to invest with two Asian investment funds on April 1. Accordingly, the potential investors have agreed to negotiate with the company on the subscription of senior convertible preferred shares rights and may sign a final agreement, and the total investment amount of the potential transaction may reach up to US$300 million.</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>Youxin skyrocketed over 40%, and the company signed letters of intent for investment with two well-known funds</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nYouxin skyrocketed over 40%, and the company signed letters of intent for investment with two well-known funds\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-01 22:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On April 1,<a href=\"https://laohu8.com/S/UXIN\">Uxin</a>Used cars soared by more than 40% in intraday trading, and the company signed letters of intent to invest with two well-known Asian funds.</p><p><img src=\"https://static.tigerbbs.com/2167fabccf148c1d56d49b6c72965108\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/UXIN\">Uxin</a>Used Cars announced that the company has signed binding letters of intent to invest with two Asian investment funds on April 1. Accordingly, the potential investors have agreed to negotiate with the company on the subscription of senior convertible preferred shares rights and may sign a final agreement, and the total investment amount of the potential transaction may reach up to US$300 million.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7ade1733a461c9483048e104ccc2d044","relate_stocks":{"UXIN":"优信"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123979727","content_text":"4月1日，优信二手车盘中暴涨超40%，公司与两家知名的亚洲基金签订投资意向书。优信二手车宣布，公司已于4月1日与两家亚洲投资基金签订具约束力的投资意向书。据此，潜在投资者已同意与公司就认购高级可转换优先股进行磋商并可能签订最终协议，潜在交易的总投资额最高或将达3亿美元。","news_type":1,"symbols_score_info":{"UXIN":0.9}},"isVote":1,"tweetType":1,"viewCount":1707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}