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hangyuliang
2023-06-18
[微笑]
Rate hike "invalid"? U.S. stocks have risen back, and the dollar has also fallen back
hangyuliang
2023-05-28
[微笑]
U.S. debt default crisis: preliminary agreement reached, but alarm is far from lifted
hangyuliang
2023-05-20
[微笑]
"Extreme Game"! US debt ceiling talks'end fruitlessly 'on Friday
hangyuliang
2023-05-19
[微笑]
This week's Hong Kong stock bull and bear list | Turning over to become a major supplier, this Apple concept stock rose nearly 12% throughout the week! Start music delivery, Starry Chinese ranks first in the list!
hangyuliang
2023-05-14
[微笑]
Buy it at 2800 and set it at 3400? 90% of funds underperformed the market during the year. Who caught the bull market?
hangyuliang
2023-05-04
[微笑]
Not just relying on the "moat"! Buffett also has a big investment "trick"
hangyuliang
2023-05-03
[微笑]
U.S. ADP employment was 296,000 in April, the largest increase since July 2022
hangyuliang
2023-04-30
[微笑]
How long can US technology stocks be bullish? Just look at the financial reports of Apple and AMD next week
hangyuliang
2023-04-29
[微笑]
Who did the First Republic "win the flower"? Report: FDIC asks bidders including JPMorgan to submit final offers by Sunday
hangyuliang
2023-04-28
[微笑]
Fed blames management problems and poor regulation for Silicon Valley Bank failure
hangyuliang
2023-04-27
[微笑]
Sorry, the original content has been removed
hangyuliang
2023-04-25
[微笑]
Sorry, the original content has been removed
hangyuliang
2023-04-22
[微笑]
Earnings Preview | Is there still room for disappointment in Google's performance? But AI guidance will be key
hangyuliang
2023-04-20
[微笑]
A surge of $11.4 billion in a single quarter! Under the pressure of economic recession, U.S. junk bond growth returns to high point
hangyuliang
2023-04-19
[微笑]
Morgan Stanley: Q1 revenue beats expectations, but total deposits fall short of expectations
hangyuliang
2023-04-18
[微笑]
Lockheed Martin's first-quarter revenue was $15.1 billion, slightly exceeding expectations
hangyuliang
2023-04-17
[微笑]
Financial report preview | How long can Tesla's price reduction dividend last, and will it "backlash" itself?
hangyuliang
2023-04-16
[微笑]
Don't miss this bull market
hangyuliang
2023-04-15
[微笑]
Sorry, the original content has been removed
hangyuliang
2023-04-14
[微笑]
Bank of America: Prefer AMD to Intel, giving the latter a "buy" rating
Go to Tiger App to see more news
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U.S. stocks have risen back, and the dollar has also fallen back","url":"https://stock-news.laohu8.com/highlight/detail?id=1156309203","media":"华尔街见闻","summary":"“四十年来最激进加息周期”如同没有发生!","content":"<p><html><head></head><body>Looking back at the node when the Federal Reserve suspended rate hike in June, we can find such a magical scene: the performance of the U.S. stock market and the U.S. dollar has hardly changed compared to the beginning of the rate hike cycle in early 2022.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/083e237d5166eb06a4af3db441f84982\" tg-width=\"640\" tg-height=\"356\"/></p><p><h2 style=\"text-align: start;\">The market index travels back in time and space 15 months ago</h2><p style=\"text-align: justify;\">As of the close of U.S. stocks on Friday, the S&P 500 index had gained five consecutive weeks of positive results, reporting 4,409 points. When the Federal Reserve started this rate hike cycle 15 months ago, the S&P closed at 4,358 points. The current S&P 500 index is higher than it was during the first rate hike on March 16, 2022.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/02d7359049e4467a9f0aff05065fa3d2\" tg-width=\"640\" tg-height=\"1415\"/></p><p><p style=\"text-align: justify;\"><strong>Generally speaking, the tightening of liquidity by the Federal Reserve's rate hike, although not a direct factor leading to a bear market, will also lead to an adjustment in the broader market.</strong>In 2022, the sharp correction of U.S. stocks, especially technology stocks, can confirm this point. After the spring rate hike, U.S. stocks were sold off and fell into a bear market due to high inflation and rising borrowing costs, and economic recession forecasts spread in the market.</p><p><p style=\"text-align: justify;\">However, in the first half of this year, U.S. stocks rebounded sharply, driven by strong corporate earnings. Before entering the earnings season at the beginning of the year, Wall Street analysts had already slashed their expectations. As a result, strong results offset the pessimism after companies announced their earnings reports one after another.</p><p><p style=\"text-align: justify;\">According to FactSet data, as of the end of May, nearly 80% of U.S.-listed companies' first-quarter financial reports exceeded expectations, and the proportion hit a two-year high.</p><p><p style=\"text-align: justify;\">In addition, driven by the craze set off by ChatGPT, large technology stocks such as the seven sisters of the US stock market (Apple, Microsoft, Nvidia, Amazon, Meta, Tesla, and Google) continued to rise, driving the index up. In the first half of this year, the Nasdaq and S&P 500 rebounded and entered a technical bull market one after another.</p><p><p style=\"text-align: justify;\">At present,<strong>Although Federal Reserve Chairman Powell still insisted on being hawkish after the June interest rate meeting, the future path of monetary policy is highly certain. The market generally expects that the rate hike is nearing the end, and the Fed's tightening stance can no longer restrain the upward momentum of the market.</strong></p><p><p style=\"text-align: justify;\">Bloomberg quoted experts as saying,<strong>In the next 6-12 months, the importance of the Federal Reserve will be less and other global drivers and fundamentals will play a greater role.</strong></p><p><p style=\"text-align: justify;\">Furthermore, the impact of macro factors on stocks has fallen from 83% to 71% since March, the largest three-month decline since 2009, according to Citigroup's model.</p><p><h2 style=\"text-align: start;\">The US Dollar Index fell back simultaneously</h2><p style=\"text-align: justify;\">Meanwhile, the strength of the dollar has also waned, with the US Dollar Index currently trading near April 2022 levels, down nearly 10% from its all-time high.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/933da88b6af1b7ce7a54fb42e84aa2ec\" tg-width=\"640\" tg-height=\"833\"/></p><p><p style=\"text-align: justify;\"><strong>The US Dollar Index, which measures the fluctuation of the exchange rate of the US dollar against six major currencies, is sensitive to interest rate policy, which is usually positively correlated with the interest rate level, that is, rate hike pushes the US Dollar Index up, and vice versa.</strong></p><p><p style=\"text-align: justify;\">This can be observed in this rate hike cycle, which has lasted for 15 months and has accumulated 500 basis points. The Federal Reserve began its rate hike in March 22, followed by four consecutive aggressive rate hike of 75 basis points between June and September. The US Dollar Index rose from about 102 in early June to about 114 at the end of September, a cumulative increase of more than 11%. During this period, other currencies were under tremendous depreciation pressure. It was not until the recent debt ceiling crisis was resolved and the Fed's signal of suspending rate hike was clear that the US Dollar Index finally fell back.</p><p><p style=\"text-align: justify;\">Currently, the market expects two more 25 basis point or one 50 basis point rate hike by the end of this year. But the widely expected recession has not yet occurred, the U.S. economy appears to have withstood the brunt of rate hike, the labor market is resilient, and corporate balance sheets are mostly healthy.<strong>In their latest report, strategists at Bank of America raised their outlook for the U.S. stock market and became increasingly optimistic about the economic outlook. They predicted that if there was a recession, it would be relatively mild.</strong></p><p></body></html></p>","source":"live_wallstreetcn","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>Rate hike \"invalid\"? U.S. stocks have risen back, and the dollar has also fallen back</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\">\nRate hike \"invalid\"? U.S. stocks have risen back, and the dollar has also fallen back\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-06-18 20:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Looking back at the node when the Federal Reserve suspended rate hike in June, we can find such a magical scene: the performance of the U.S. stock market and the U.S. dollar has hardly changed compared to the beginning of the rate hike cycle in early 2022.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/083e237d5166eb06a4af3db441f84982\" tg-width=\"640\" tg-height=\"356\"/></p><p><h2 style=\"text-align: start;\">The market index travels back in time and space 15 months ago</h2><p style=\"text-align: justify;\">As of the close of U.S. stocks on Friday, the S&P 500 index had gained five consecutive weeks of positive results, reporting 4,409 points. When the Federal Reserve started this rate hike cycle 15 months ago, the S&P closed at 4,358 points. The current S&P 500 index is higher than it was during the first rate hike on March 16, 2022.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/02d7359049e4467a9f0aff05065fa3d2\" tg-width=\"640\" tg-height=\"1415\"/></p><p><p style=\"text-align: justify;\"><strong>Generally speaking, the tightening of liquidity by the Federal Reserve's rate hike, although not a direct factor leading to a bear market, will also lead to an adjustment in the broader market.</strong>In 2022, the sharp correction of U.S. stocks, especially technology stocks, can confirm this point. After the spring rate hike, U.S. stocks were sold off and fell into a bear market due to high inflation and rising borrowing costs, and economic recession forecasts spread in the market.</p><p><p style=\"text-align: justify;\">However, in the first half of this year, U.S. stocks rebounded sharply, driven by strong corporate earnings. Before entering the earnings season at the beginning of the year, Wall Street analysts had already slashed their expectations. As a result, strong results offset the pessimism after companies announced their earnings reports one after another.</p><p><p style=\"text-align: justify;\">According to FactSet data, as of the end of May, nearly 80% of U.S.-listed companies' first-quarter financial reports exceeded expectations, and the proportion hit a two-year high.</p><p><p style=\"text-align: justify;\">In addition, driven by the craze set off by ChatGPT, large technology stocks such as the seven sisters of the US stock market (Apple, Microsoft, Nvidia, Amazon, Meta, Tesla, and Google) continued to rise, driving the index up. In the first half of this year, the Nasdaq and S&P 500 rebounded and entered a technical bull market one after another.</p><p><p style=\"text-align: justify;\">At present,<strong>Although Federal Reserve Chairman Powell still insisted on being hawkish after the June interest rate meeting, the future path of monetary policy is highly certain. The market generally expects that the rate hike is nearing the end, and the Fed's tightening stance can no longer restrain the upward momentum of the market.</strong></p><p><p style=\"text-align: justify;\">Bloomberg quoted experts as saying,<strong>In the next 6-12 months, the importance of the Federal Reserve will be less and other global drivers and fundamentals will play a greater role.</strong></p><p><p style=\"text-align: justify;\">Furthermore, the impact of macro factors on stocks has fallen from 83% to 71% since March, the largest three-month decline since 2009, according to Citigroup's model.</p><p><h2 style=\"text-align: start;\">The US Dollar Index fell back simultaneously</h2><p style=\"text-align: justify;\">Meanwhile, the strength of the dollar has also waned, with the US Dollar Index currently trading near April 2022 levels, down nearly 10% from its all-time high.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/933da88b6af1b7ce7a54fb42e84aa2ec\" tg-width=\"640\" tg-height=\"833\"/></p><p><p style=\"text-align: justify;\"><strong>The US Dollar Index, which measures the fluctuation of the exchange rate of the US dollar against six major currencies, is sensitive to interest rate policy, which is usually positively correlated with the interest rate level, that is, rate hike pushes the US Dollar Index up, and vice versa.</strong></p><p><p style=\"text-align: justify;\">This can be observed in this rate hike cycle, which has lasted for 15 months and has accumulated 500 basis points. The Federal Reserve began its rate hike in March 22, followed by four consecutive aggressive rate hike of 75 basis points between June and September. The US Dollar Index rose from about 102 in early June to about 114 at the end of September, a cumulative increase of more than 11%. During this period, other currencies were under tremendous depreciation pressure. It was not until the recent debt ceiling crisis was resolved and the Fed's signal of suspending rate hike was clear that the US Dollar Index finally fell back.</p><p><p style=\"text-align: justify;\">Currently, the market expects two more 25 basis point or one 50 basis point rate hike by the end of this year. But the widely expected recession has not yet occurred, the U.S. economy appears to have withstood the brunt of rate hike, the labor market is resilient, and corporate balance sheets are mostly healthy.<strong>In their latest report, strategists at Bank of America raised their outlook for the U.S. stock market and became increasingly optimistic about the economic outlook. They predicted that if there was a recession, it would be relatively mild.</strong></p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3691390\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/55eb327f580527889cf30bafa92692ae","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://wallstreetcn.com/articles/3691390","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1156309203","content_text":"站在六月美联储暂停加息的节点回看,可以发现这样一幕神奇的景象:美股大盘和美元的表现,相比22年初加息周期开始时几乎没有变化。大盘指数时空穿越 回到15个月前截至周五美股收盘,标普500指数收获五周连阳,报4409点。当15个月前,美联储开启本轮加息周期时,标普大盘收于4358点。现在的标普500指数,比2022年3月16日第一次加息时还要高。通常来说,美联储加息收紧流动性,尽管不是导致熊市的直接因素,但也会导致大盘的调整。2022年,美国股市尤其是科技股的大幅调整可以印证这一点。在春天的加息之后,由于高通膨和借贷成本攀升,美国股票遭到抛售而落入熊市,经济衰退预测更是在市场中扩散。但是,今年上半年,在强劲的企业盈利推动下,美股大幅反弹。在年初进入财报季之前,华尔街分析师原本已经大幅下调预期,结果,在企业陆续公布财报后,强劲业绩抵消了悲观情绪。FactSet的数据显示,截至5月底,近80%美股上市公司第一季度财报超出预期,比例创下2年来新高。此外,在ChatGPT掀起的热潮推动下,美股七姐妹(苹果、微软、英伟达、亚马逊、Meta、特斯拉和谷歌)等大型科技股持续走高,拉动指数上升。今年上半年,纳指和标普500指数出现反弹,相继进入技术性牛市。目前来看,尽管在六月议息会议后美联储主席鲍威尔依然坚持放鹰,但货币政策的未来路径已有很高确定性,市场普遍预计加息已经临近终点,联储的紧缩立场已经无法再抑制市场的上行动力。彭博社援引专家说法称,未来6-12个月,美联储的重要性会降低,其他全球驱动因素和基本面因素将发挥更大的作用。此外,根据花旗集团的模型,自3月以来,宏观因素对股市的影响已从83%降至71%,这是2009年以来最大的三个月降幅。美元指数同步回落与此同时,美元的强势也有所减弱,美元指数目前在2022年4月的水平附近交易,较其历史高点下降了近10%。衡量美元对六种主要货币汇率波动的美元指数对利率政策较为敏感,通常与利率水平呈正相关关系,即加息推动美元指数上涨,反之则下跌。在本轮已持续15个月、累计500基点的加息周期中,可以观察到这一点。美联储自22年3月开始加息,随后在6月至9月期间,连续四次激进加息75个基点。美元指数从6月初的约102涨至9月末的约114,累计涨幅超过11%。期间其他货币承受了巨大的贬值压力。直到近期债务上限危机解决、美联储暂停加息信号明确,美元指数才终于回落。目前,市场预计,到今年年底前还会有两次25个基点或一次50个基点的加息。但此前普遍预计的衰退尚还没有发生,美国经济似乎已经承受了加息的冲击,劳动力市场富有弹性,企业资产负债表大多健康。美银的策略师在最新报告中提升了他们对美股市场的展望,并对经济前景越来越乐观,他们预测,如果出现经济衰退,也会相对温和。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979022477,"gmtCreate":1685289251899,"gmtModify":1685289256446,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979022477","repostId":"1169636070","repostType":2,"repost":{"id":"1169636070","kind":"news","pubTimestamp":1685276505,"share":"https://ttm.financial/m/news/1169636070?lang=en_US&edition=fundamental","pubTime":"2023-05-28 20:21","market":"us","language":"zh","title":"U.S. debt default crisis: preliminary agreement reached, but alarm is far from lifted","url":"https://stock-news.laohu8.com/highlight/detail?id=1169636070","media":"华尔街见闻","summary":"闯关国会,又是一场“恶仗”。经过数周的激烈谈判,美国两党终于在周六晚间就解决美国债务上限问题达成“原则性协议”。不过,这份协议还需得到美国国会的快速通过,才能真正解除本次美债违约的“警报”。而这,又将","content":"<p><html><head></head><body><strong>Breaking through Congress is another \"evil battle\".</strong><p style=\"text-align: justify;\">After weeks of intense negotiations, the two parties in the United States finally reached an \"agreement in principle\" on resolving the U.S. debt ceiling issue on Saturday night. However, this agreement still needs to be quickly passed by the U.S. Congress before it can truly lift the \"alarm\" of this U.S. debt default. And this will be another \"evil battle\".</p><p><p style=\"text-align: justify;\">After the initial agreement was reached, Biden said it represented a \"compromise\" for him, while Republican House Speaker McCarthy said the agreement \"made historic cuts in spending.\"</p><p><p style=\"text-align: justify;\">Looking back at this round of the U.S. debt ceiling game, it is not difficult to find that the contradiction between the two sides is that Republicans hope to reach an agreement to significantly reduce government spending while adjusting the debt ceiling; Democrats, on the other hand, insist on adjusting the debt ceiling relatively independently and are unwilling to make too many concessions in spending cuts.</p><p><p style=\"text-align: justify;\">Many analysts believe that the product of this compromise may not satisfy the more radical members of the Republican Party, nor satisfy the left wing of the Democratic Party:</p><p>\"The cuts in the package are almost certainly both too modest to win a vote from hard-line conservatives and too harsh to win a vote from radicals in the House.\"<p style=\"text-align: justify;\">Therefore, many media commented that the prospect of the agreement in both the Senate and the House of Representatives may be \"bumpy\". CCTV News quoted the Washington Post as saying that it is a \"difficult task\" to pass the agreement in the current \"troubled and divided\" Congress in a short time.</p><p><p style=\"text-align: justify;\">According to the timetable given by McCarthy, the House of Representatives will vote next Wednesday (May 31), and then send it to the Senate for meeting. The U.S. Treasury Department said on Friday that if the U.S. Congress fails to pass the agreement in time, the government will default on its debt on June 5th.</p><p><p style=\"text-align: justify;\">Therefore, the U.S. Congress must successfully vote to pass relevant bills before the \"X Date\" in order to avoid debt default in the United States. If there is a \"slight difference\" in the votes of the two houses next week, the potential risk of \"technical default\" of U.S. debt will be far from disappearing.</p><p><h2>\"Bipartisan cooperation\" is a must, and \"getting rid of the thorns\" is the key</h2><p style=\"text-align: justify;\">After the mid-term elections in 2022, the Democratic Party and the Republican Party control the U.S. Senate and House of Representatives respectively. Therefore, the two parties must reach \"cooperation\" before the relevant bills can be passed in both houses.</p><p><p style=\"text-align: justify;\">However, as mentioned earlier, the contradiction between the two sides is that it may be difficult for radical members of both parties to reach concessions on the bill, and senators from each party may find different reasons to oppose the bill-some far-right Republicans may think that the spending cuts are insufficient, while some left-wing politicians of the Democratic Party may feel that they have made too many concessions to Republicans.</p><p><p style=\"text-align: justify;\">Therefore, on the basis of the \"bipartisan cooperation\" reached by Biden and McCarthy, whether these \"thorny\" lawmakers can be dealt with is the key to solving the problem.</p><p><p style=\"text-align: justify;\">According to Politico's previous report, White House officials have informally counted that in the event of losing a portion of the Republican vote,<strong>McCarthy may need as many as 100 Democratic votes to secure a 218 majority for the final debt ceiling agreement-ensuring that the agreement can pass the House of Representatives.</strong></p><p><p style=\"text-align: justify;\">It is worth mentioning that if the bill is seriously blocked in the House of Representatives, Democrats can also adopt an emergency strategy that is rarely used-\"lifting the petition\" to make a \"clean\" adjustment, and there should be no strings attached to the debt ceiling. vote. However, this parliamentary strategy is even more hopeless-although Democrats support this approach, they need to persuade enough Republican majorities to join, otherwise they will not succeed.</p><p><p style=\"text-align: justify;\">Furthermore, Biden could try to invoke the untested legal theory of the 14th Amendment to the U.S. Constitution, which states that \"the validity of the U.S. public debt … must not be challenged,\" thereby clearing the way for him to authorize more borrowing. This could be immediately challenged in court, though.</p><p><p style=\"text-align: justify;\">If passed in the House, the bill would go to the Senate.<strong>In the Senate, this bill needs the support of at least nine Republicans to get 60 out of 100 votes to continue to push the legislation.</strong></p><p><p style=\"text-align: justify;\">In the Democratic-controlled Senate, Majority Leader Chuck Schumer has full control over when the bill will be voted on, media analysis said. However, individual senators can delay the process by insisting on procedural operations, including a 30-hour debate on whether to start debate first, and another 30-hour debate on the bill itself.</p><p><p style=\"text-align: justify;\">The Senate needs to pass the bill without changing the House bill. Otherwise, it will have to be knocked back to the House to restart a new round of voting.</p><p><p style=\"text-align: justify;\">It is worth mentioning that if there is a 50-50 tie in the Senate, Vice President Kamala Harris can vote to pass 51-50.</p><p><p style=\"text-align: justify;\">Only after both House and Senate pass the agreement can it be submitted to the White House and signed into law by Biden. Only by quickly completing this legislation can the \"alarm\" of U.S. debt default be successfully lifted.</p><p><h2>Timeline of this round of \"U.S. debt ceiling game\"</h2><p style=\"text-align: justify;\">On January 13, 2023, U.S. Treasury Secretary Yellen sent a letter to Congress stating that the United States will hit the statutory debt ceiling of $31.4 trillion on January 19, and the Treasury Department will begin to take some \"extraordinary measures\", cash and \"extraordinary measures\" \"may support until early June.</p><p><p style=\"text-align: justify;\">It is worth mentioning that it is not uncommon for U.S. debt to hit the upper limit, but this time the market panic is relatively rare. The reason may be related to the current extremely tight monetary policy in the United States, regional banking crisis and recession expectations. The frequent reminders of U.S. Treasury Secretary Yellen further ignited this panic.</p><p><p style=\"text-align: justify;\">On January 13, Yellen sent a letter to Congress that \"extraordinary measures\" would be taken on January 19; On April 25, U.S. Treasury Secretary Yellen delivered a speech warning that if the U.S. debt ceiling is not resolved, there will be serious consequences; On May 1 and May 15, Yellen sent letters to Congress formally warning that the default date was earlier than expected; On May 27, Yellen warned that if the U.S. Congress failed to pass the agreement in time, the government would default on its debt on June 5.</p><p><p style=\"text-align: justify;\">On the evening of May 27, U.S. President Biden and Congressional Republican Leader McCarthy reached a principled agreement on raising the federal government's debt ceiling of US $31.4 trillion. The media reported, citing people familiar with the matter,<strong>Negotiators from both sides agreed to raise the U.S. federal debt ceiling for two years, while cutting and limiting some government spending for two years, and keeping non-defense spending nearly flat for two years</strong>, the agreement did not mention the budget ceiling after 2025, and announced that the specific bill would be submitted to the House of Representatives for a vote on May 31.</p><p><p style=\"text-align: justify;\">According to estimates of the Council of Economic Advisers, an agency of the White House, if the U.S. debt defaults, the U.S. stock market will plummet by 45%. According to Moody's estimates, if the U.S. debt defaults, the U.S. unemployment rate will soar by 5 percentage points, which means that about 8 million Americans are unemployed. At the same time, governments restricted by the debt ceiling will not be able to cope with the economic downturn through fiscal stimulus, leading to a deeper recession.</p><p></body></html></p>","source":"wallstreetcn_api","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>U.S. debt default crisis: preliminary agreement reached, but alarm is far from lifted</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\">\nU.S. debt default crisis: preliminary agreement reached, but alarm is far from lifted\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-05-28 20:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><strong>Breaking through Congress is another \"evil battle\".</strong><p style=\"text-align: justify;\">After weeks of intense negotiations, the two parties in the United States finally reached an \"agreement in principle\" on resolving the U.S. debt ceiling issue on Saturday night. However, this agreement still needs to be quickly passed by the U.S. Congress before it can truly lift the \"alarm\" of this U.S. debt default. And this will be another \"evil battle\".</p><p><p style=\"text-align: justify;\">After the initial agreement was reached, Biden said it represented a \"compromise\" for him, while Republican House Speaker McCarthy said the agreement \"made historic cuts in spending.\"</p><p><p style=\"text-align: justify;\">Looking back at this round of the U.S. debt ceiling game, it is not difficult to find that the contradiction between the two sides is that Republicans hope to reach an agreement to significantly reduce government spending while adjusting the debt ceiling; Democrats, on the other hand, insist on adjusting the debt ceiling relatively independently and are unwilling to make too many concessions in spending cuts.</p><p><p style=\"text-align: justify;\">Many analysts believe that the product of this compromise may not satisfy the more radical members of the Republican Party, nor satisfy the left wing of the Democratic Party:</p><p>\"The cuts in the package are almost certainly both too modest to win a vote from hard-line conservatives and too harsh to win a vote from radicals in the House.\"<p style=\"text-align: justify;\">Therefore, many media commented that the prospect of the agreement in both the Senate and the House of Representatives may be \"bumpy\". CCTV News quoted the Washington Post as saying that it is a \"difficult task\" to pass the agreement in the current \"troubled and divided\" Congress in a short time.</p><p><p style=\"text-align: justify;\">According to the timetable given by McCarthy, the House of Representatives will vote next Wednesday (May 31), and then send it to the Senate for meeting. The U.S. Treasury Department said on Friday that if the U.S. Congress fails to pass the agreement in time, the government will default on its debt on June 5th.</p><p><p style=\"text-align: justify;\">Therefore, the U.S. Congress must successfully vote to pass relevant bills before the \"X Date\" in order to avoid debt default in the United States. If there is a \"slight difference\" in the votes of the two houses next week, the potential risk of \"technical default\" of U.S. debt will be far from disappearing.</p><p><h2>\"Bipartisan cooperation\" is a must, and \"getting rid of the thorns\" is the key</h2><p style=\"text-align: justify;\">After the mid-term elections in 2022, the Democratic Party and the Republican Party control the U.S. Senate and House of Representatives respectively. Therefore, the two parties must reach \"cooperation\" before the relevant bills can be passed in both houses.</p><p><p style=\"text-align: justify;\">However, as mentioned earlier, the contradiction between the two sides is that it may be difficult for radical members of both parties to reach concessions on the bill, and senators from each party may find different reasons to oppose the bill-some far-right Republicans may think that the spending cuts are insufficient, while some left-wing politicians of the Democratic Party may feel that they have made too many concessions to Republicans.</p><p><p style=\"text-align: justify;\">Therefore, on the basis of the \"bipartisan cooperation\" reached by Biden and McCarthy, whether these \"thorny\" lawmakers can be dealt with is the key to solving the problem.</p><p><p style=\"text-align: justify;\">According to Politico's previous report, White House officials have informally counted that in the event of losing a portion of the Republican vote,<strong>McCarthy may need as many as 100 Democratic votes to secure a 218 majority for the final debt ceiling agreement-ensuring that the agreement can pass the House of Representatives.</strong></p><p><p style=\"text-align: justify;\">It is worth mentioning that if the bill is seriously blocked in the House of Representatives, Democrats can also adopt an emergency strategy that is rarely used-\"lifting the petition\" to make a \"clean\" adjustment, and there should be no strings attached to the debt ceiling. vote. However, this parliamentary strategy is even more hopeless-although Democrats support this approach, they need to persuade enough Republican majorities to join, otherwise they will not succeed.</p><p><p style=\"text-align: justify;\">Furthermore, Biden could try to invoke the untested legal theory of the 14th Amendment to the U.S. Constitution, which states that \"the validity of the U.S. public debt … must not be challenged,\" thereby clearing the way for him to authorize more borrowing. This could be immediately challenged in court, though.</p><p><p style=\"text-align: justify;\">If passed in the House, the bill would go to the Senate.<strong>In the Senate, this bill needs the support of at least nine Republicans to get 60 out of 100 votes to continue to push the legislation.</strong></p><p><p style=\"text-align: justify;\">In the Democratic-controlled Senate, Majority Leader Chuck Schumer has full control over when the bill will be voted on, media analysis said. However, individual senators can delay the process by insisting on procedural operations, including a 30-hour debate on whether to start debate first, and another 30-hour debate on the bill itself.</p><p><p style=\"text-align: justify;\">The Senate needs to pass the bill without changing the House bill. Otherwise, it will have to be knocked back to the House to restart a new round of voting.</p><p><p style=\"text-align: justify;\">It is worth mentioning that if there is a 50-50 tie in the Senate, Vice President Kamala Harris can vote to pass 51-50.</p><p><p style=\"text-align: justify;\">Only after both House and Senate pass the agreement can it be submitted to the White House and signed into law by Biden. Only by quickly completing this legislation can the \"alarm\" of U.S. debt default be successfully lifted.</p><p><h2>Timeline of this round of \"U.S. debt ceiling game\"</h2><p style=\"text-align: justify;\">On January 13, 2023, U.S. Treasury Secretary Yellen sent a letter to Congress stating that the United States will hit the statutory debt ceiling of $31.4 trillion on January 19, and the Treasury Department will begin to take some \"extraordinary measures\", cash and \"extraordinary measures\" \"may support until early June.</p><p><p style=\"text-align: justify;\">It is worth mentioning that it is not uncommon for U.S. debt to hit the upper limit, but this time the market panic is relatively rare. The reason may be related to the current extremely tight monetary policy in the United States, regional banking crisis and recession expectations. The frequent reminders of U.S. Treasury Secretary Yellen further ignited this panic.</p><p><p style=\"text-align: justify;\">On January 13, Yellen sent a letter to Congress that \"extraordinary measures\" would be taken on January 19; On April 25, U.S. Treasury Secretary Yellen delivered a speech warning that if the U.S. debt ceiling is not resolved, there will be serious consequences; On May 1 and May 15, Yellen sent letters to Congress formally warning that the default date was earlier than expected; On May 27, Yellen warned that if the U.S. Congress failed to pass the agreement in time, the government would default on its debt on June 5.</p><p><p style=\"text-align: justify;\">On the evening of May 27, U.S. President Biden and Congressional Republican Leader McCarthy reached a principled agreement on raising the federal government's debt ceiling of US $31.4 trillion. The media reported, citing people familiar with the matter,<strong>Negotiators from both sides agreed to raise the U.S. federal debt ceiling for two years, while cutting and limiting some government spending for two years, and keeping non-defense spending nearly flat for two years</strong>, the agreement did not mention the budget ceiling after 2025, and announced that the specific bill would be submitted to the House of Representatives for a vote on May 31.</p><p><p style=\"text-align: justify;\">According to estimates of the Council of Economic Advisers, an agency of the White House, if the U.S. debt defaults, the U.S. stock market will plummet by 45%. According to Moody's estimates, if the U.S. debt defaults, the U.S. unemployment rate will soar by 5 percentage points, which means that about 8 million Americans are unemployed. At the same time, governments restricted by the debt ceiling will not be able to cope with the economic downturn through fiscal stimulus, leading to a deeper recession.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3689787\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/41f81b99b97a59da55dd70fd1af475cb","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://wallstreetcn.com/articles/3689787","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169636070","content_text":"闯关国会,又是一场“恶仗”。经过数周的激烈谈判,美国两党终于在周六晚间就解决美国债务上限问题达成“原则性协议”。不过,这份协议还需得到美国国会的快速通过,才能真正解除本次美债违约的“警报”。而这,又将是一场“恶仗”。在协议初步达成后,拜登表示,对他而言这代表了“妥协”,而共和党籍的众议院议长麦卡锡则表示,协议“在开支方面做了历史性的削减”。回顾本轮美债上限博弈,不难发现双方的矛盾点在于,共和党人希望在调整债务上限的同时,达成大幅削减政府开支的协议;而民主党人则坚持相对独立地调整债务上限,不愿在削减开支方面做出太大让步。不少分析认为,这份妥协的产物恐怕既无法满足共和党内立场更为激进的议员,又无法令民主党左翼感到满意:“几乎可以肯定的是,一揽子计划中的削减措施既过于温和,无法赢得强硬保守派的投票,又过于严厉,无法赢得众议院激进派的投票。”因此,不少媒体评论称,该协议在参众两院的前景可能都将“崎岖不平”。央视新闻援引《华盛顿邮报》评论称,短时间内在当前这个“容易陷入困境且分裂的”国会通过协议是一项“艰难的任务”。按麦卡锡给出的时间表,众议院将在下周三(5月31日)进行投票,随后送往参议院过会。而美国财政部本周五曾表示,如果美国国会不能及时通过协议,政府将会在6月5日出现债务违约。因此,美国国会必须成功在“X Date”前投票通过相关法案,才能避免美国出现债务违约。如果下周两院投票“稍有差池”,美债“技术性违约”的潜在风险就远远谈不上消失。“两党合作”是必须,“搞定刺头”是关键2022年中期选举后,民主党和共和党分别控制着美国会参议院和众议院,因此两党必须达成“合作”,才有可能使相关法案在两院都获得通过。不过,如前所述,双方的矛盾点在于,双方党内激进派议员可能很难就法案达成让步,来自每个党派的参议员可能会找到不同的理由反对该法案——部分极右翼共和党人可能会认为支出削减不够充分,而部分民主党左翼政客可能会觉得他们向共和党人让步太多。因此,在拜登和麦卡锡达成“两党合作”的基础上,能否搞定这些“刺头”议员,是解决问题的关键。据Politico此前报道,白宫官员曾非正式地计算过,在失去共和党一部分选票的情况下,麦卡锡可能需要获得多达100张民主党选票,才能以确保最终的债务上限协议取得218多数票——确保协议能够在众议院获得通过。值得一提的是,如果法案在众议院严重遇阻,民主党人还可以采取一种很少使用的紧急策略——“解除请愿书”,以“清洁”调整,不应该有附加条件的方式对债务上限进行投票。不过,这项议会策略更是希望渺茫——尽管民主党人支持这一做法,但需要说服足够多的共和党多数派加入,否则无法成功。此外,拜登可以尝试援引美国宪法第14修正案的未经检验的法律理论,该修正案规定“美国公共债务的有效性……不得被质疑”,从而为他授权更多借款扫清了道路。不过,这可能会立即在法庭上受到质疑。如果在众议院获得通过,该法案将提交参议院。在参议院,这项法案需要至少9名共和党人的支持,才能取得100票中的60票支持,从而继续推动立法。媒体分析称,在民主党控制的参议院,多数党领袖查克·舒默(Chuck Schumer)对该法案何时进行投票拥有完全控制权。但是,个别参议员可以通过坚持程序性操作来延缓这一进程,包括就是否开始辩论先进行30个小时的辩论,以及就法案本身再进行30个小时的辩论。而参议院需要在不改变众议院议案的情况下通过该法案。否则,它将不得不被打回众议院重新开始新一轮投票。值得一提的是,如果参议院出现50-50的平局,副总统卡玛拉·哈里斯可以投票以51-50通过。只有在参众两院都取得通过后,该协议方能提交白宫,由拜登签署成为法律。而只有快速完成这一立法,本次美债违约的“警报”才能顺利解除。本轮“美债上限博弈”时间线2023年1月13日,美国财政部长耶伦致信国会称,美国将在1月19日触及31.4万亿美元的法定债务上限,财政部将开始采取一些“非常措施”,现金和“非常措施”可能会支持到6月初。值得一提的是,美债触及上限并不罕见,但这次市场恐慌情绪之浓较为罕见。究其原因,可能和当前美国极其紧缩的货币政策、地区银行危机与衰退预期有关。而美财长耶伦的频频提醒,又进一步点燃了这一恐慌。1月13日耶伦致信国会将会在1月19日采取“非常措施”;4月25日,美财长耶伦发表演讲,警告美债上限不解决会产生严重后果;5月1日和5月15日,耶伦致信国会,正式警告违约日期比预期更早;5月27日,耶伦又警告称表示,如果美国国会不能及时通过协议,政府将会在6月5日出现债务违约。5月27日晚,美国总统拜登和国会共和党领袖麦卡锡已就提高联邦政府31.4万亿美元的债务上限达成原则性协议,媒体援引知情人士消息报道,双方谈判代表同意将美国联邦债务上限提高两年,同时将削减和限制两年内部分政府支出,非国防支出在2年内保持接近持平,协议中并未提及2025年后的预算上限,宣布具体法案于5月31日交由众议院表决。据白宫的一个机构经济顾问委员会估计,如果美债发生违约,美国股市将暴跌 45%。另据穆迪估计,若美债违约,那么美国失业率将飙升5个百分点,这意味着大约800万美国人失业。同时,受债务上限限制的政府将无法通过财政刺激应对经济低迷,从而导致更严重的衰退。","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970504732,"gmtCreate":1684566630727,"gmtModify":1684566635129,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970504732","repostId":"1134825236","repostType":2,"repost":{"id":"1134825236","kind":"news","pubTimestamp":1684547417,"share":"https://ttm.financial/m/news/1134825236?lang=en_US&edition=fundamental","pubTime":"2023-05-20 09:50","market":"us","language":"zh","title":"\"Extreme Game\"! US debt ceiling talks'end fruitlessly 'on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1134825236","media":"华尔街见闻","summary":"美国白宫与共和党谈判代表周五就提高债务上限举行的第二次会议结束,双方均未提及任何进展,也没有安排进一步的会议。据报道,债务上限僵局集中在2024年的支出水平上。据路透报道,美国白宫与共和党谈判代表周五","content":"<p><html><head></head><body>The second meeting between the White House and Republican negotiators on raising the debt ceiling ended on Friday, with neither side mentioning any progress and no further meetings scheduled. The debt ceiling standoff is reportedly focused on spending levels in 2024.<p style=\"text-align: justify;\">According to Reuters, the second meeting between the White House and Republican negotiators on raising the debt ceiling ended on Friday. Neither side mentioned any progress and no further meetings were scheduled.</p><p><p style=\"text-align: justify;\">Republican Rep. garrett Graves told reporters after a brief meeting with White House officials at the Capitol:</p><p>\"We had a very, very candid discussion about where we are and how things need to go.\"<p style=\"text-align: justify;\">\"Tonight is not a negotiation,\" Graves said, adding,<strong>The time for the next meeting has not yet been set.</strong></p><p><p style=\"text-align: justify;\"><strong>He agreed with McCarthy, the leader of the US Republican Party and Speaker of the House of Representatives, that progress needs to be made in changing the \"trajectory\" of the US government's rapidly rising deficit spending and debt.</strong></p><p><p style=\"text-align: justify;\">\"We have to spend less than we did last year,\" McCarthy said.</p><p><p style=\"text-align: justify;\">Another Republican negotiator, Rep. Patrick McHenry, said McCarthy will be briefed on the progress of the negotiations.</p><p><p style=\"text-align: justify;\"><strong>Neither member of Parliament mentioned any progress.</strong></p><p><p style=\"text-align: justify;\">At the first meeting Friday morning, McCarthy's debt ceiling negotiators abruptly left shortly after a closed-door meeting with White House representatives began.</p><p><p style=\"text-align: justify;\">The news rocked financial markets as the debt ceiling deadline loomed.</p><p><h2>Focus Controversy: Spending Levels in 2024</h2><p style=\"text-align: justify;\">Republicans are pushing for deep spending cuts in exchange for raising the cap.</p><p><p style=\"text-align: justify;\">The debt ceiling impasse focuses on spending levels in 2024.</p><p><p style=\"text-align: justify;\">According to previous reports by media Axios, Democratic Rep. Dusty Johnson said:</p><p><p style=\"text-align: justify;\">\"The White House wants to keep spending more money, and as long as that's their position, there's no way to reach a deal.\"</p><p><p style=\"text-align: justify;\">Johnson said McCarthy \"stuck\" with Republican demands to limit discretionary spending to 2022 levels.</p><p></body></html></p>","source":"wallstreetcn_api","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>\"Extreme Game\"! US debt ceiling talks'end fruitlessly 'on Friday</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\">\n\"Extreme Game\"! US debt ceiling talks'end fruitlessly 'on Friday\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-05-20 09:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The second meeting between the White House and Republican negotiators on raising the debt ceiling ended on Friday, with neither side mentioning any progress and no further meetings scheduled. The debt ceiling standoff is reportedly focused on spending levels in 2024.<p style=\"text-align: justify;\">According to Reuters, the second meeting between the White House and Republican negotiators on raising the debt ceiling ended on Friday. Neither side mentioned any progress and no further meetings were scheduled.</p><p><p style=\"text-align: justify;\">Republican Rep. garrett Graves told reporters after a brief meeting with White House officials at the Capitol:</p><p>\"We had a very, very candid discussion about where we are and how things need to go.\"<p style=\"text-align: justify;\">\"Tonight is not a negotiation,\" Graves said, adding,<strong>The time for the next meeting has not yet been set.</strong></p><p><p style=\"text-align: justify;\"><strong>He agreed with McCarthy, the leader of the US Republican Party and Speaker of the House of Representatives, that progress needs to be made in changing the \"trajectory\" of the US government's rapidly rising deficit spending and debt.</strong></p><p><p style=\"text-align: justify;\">\"We have to spend less than we did last year,\" McCarthy said.</p><p><p style=\"text-align: justify;\">Another Republican negotiator, Rep. Patrick McHenry, said McCarthy will be briefed on the progress of the negotiations.</p><p><p style=\"text-align: justify;\"><strong>Neither member of Parliament mentioned any progress.</strong></p><p><p style=\"text-align: justify;\">At the first meeting Friday morning, McCarthy's debt ceiling negotiators abruptly left shortly after a closed-door meeting with White House representatives began.</p><p><p style=\"text-align: justify;\">The news rocked financial markets as the debt ceiling deadline loomed.</p><p><h2>Focus Controversy: Spending Levels in 2024</h2><p style=\"text-align: justify;\">Republicans are pushing for deep spending cuts in exchange for raising the cap.</p><p><p style=\"text-align: justify;\">The debt ceiling impasse focuses on spending levels in 2024.</p><p><p style=\"text-align: justify;\">According to previous reports by media Axios, Democratic Rep. Dusty Johnson said:</p><p><p style=\"text-align: justify;\">\"The White House wants to keep spending more money, and as long as that's their position, there's no way to reach a deal.\"</p><p><p style=\"text-align: justify;\">Johnson said McCarthy \"stuck\" with Republican demands to limit discretionary spending to 2022 levels.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3689223\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/92ece06f0d5f47ced3643ec6cfcc433e","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3689223","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134825236","content_text":"美国白宫与共和党谈判代表周五就提高债务上限举行的第二次会议结束,双方均未提及任何进展,也没有安排进一步的会议。据报道,债务上限僵局集中在2024年的支出水平上。据路透报道,美国白宫与共和党谈判代表周五就提高债务上限举行的第二次会议结束,双方均未提及任何进展,也没有安排进一步的会议。共和党众议员格雷夫斯(garrett Graves)在国会大厦与白宫官员举行简短会晤后对记者说:“我们进行了非常、非常坦诚的讨论,讨论了我们的现状,讨论了事情需要如何发展。”“今晚不是一次谈判,”格雷夫斯说,并补充说,下一次会议的时间尚未确定。他赞同美国共和党领袖、众议院议长麦卡锡的说法,即需要在改变美国政府赤字支出和债务迅速上升的“轨迹”方面取得进展。麦卡锡说:“我们的支出必须比去年少。”另一位共和党谈判代表、众议员Patrick McHenry说,麦卡锡将听取有关谈判进展的简报。两位议员都没有提到任何进展。在周五早上的第一次会议上,麦卡锡的债务上限谈判代表与白宫代表的闭门会议开始后不久便突然离开。随着债务上限最后期限的临近,这一消息震动了金融市场。焦点争议:2024年的支出水平共和党人正在推动大幅削减开支,以换取提高上限。债务上限僵局集中在2024年的支出水平上。据媒体Axios此前报道,民主党众议员Dusty Johnson表示:“白宫想继续花更多的钱,只要这是他们的立场,就不可能达成协议。”Johnson说,麦卡锡“坚持”共和党要求将可自由支配的支出限制在2022年的水平。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970221105,"gmtCreate":1684496361408,"gmtModify":1684496365692,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970221105","repostId":"1143359729","repostType":2,"repost":{"id":"1143359729","kind":"news","weMediaInfo":{"introduction":"提供即時金融資訊、行情、數據,旨在幫助投資者理解世界,做投資決策。","home_visible":1,"media_name":"老虎資訊","id":"1059071526","head_image":"https://community-static.tradeup.com/news/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1684495206,"share":"https://ttm.financial/m/news/1143359729?lang=en_US&edition=fundamental","pubTime":"2023-05-19 19:20","market":"hk","language":"zh","title":"This week's Hong Kong stock bull and bear list | Turning over to become a major supplier, this Apple concept stock rose nearly 12% throughout the week! Start music delivery, Starry Chinese ranks first in the list!","url":"https://stock-news.laohu8.com/highlight/detail?id=1143359729","media":"老虎資訊","summary":"總結恒指本周(5月15日-5月19日)跌176點或0.9%,並連跌兩周,科指全周挫1.35%,更連跌第七周。本週市值百億以上、日均成交千萬以上表現最好五隻股是 星空华文 、 零跑汽车 、 广深铁路","content":"<p><html><head></head><body>In summary, the Hang Seng Index fell 176 points or 0.9% this week (May 15-May 19) and fell for two consecutive weeks. The KSI fell 1.35% for the whole week and fell for the seventh consecutive week. The five best stocks with a market value of more than 10 billion and an average daily turnover of more than 10 million this week are<a href=\"https://laohu8.com/S/06698\">Starry Chinese</a>、<a href=\"https://laohu8.com/S/09863\">Leapmotor</a>、<a href=\"https://laohu8.com/S/00525\">Guangzhou-Shenzhen Railway Co., Ltd</a>、<a href=\"https://laohu8.com/S/01415\">Gaowei Electronics</a>、<a href=\"https://laohu8.com/S/00317\">CSSC Defense</a>。 The five stocks with the most bearish performance are<a href=\"https://laohu8.com/S/06808\">Sun Art Retail</a>、<a href=\"https://laohu8.com/S/02007\">Country Garden</a>、<a href=\"https://laohu8.com/S/01121\">Jinyang New Energy</a>、<a href=\"https://laohu8.com/S/02602\">Everything Cloud</a>、<a href=\"https://laohu8.com/S/09969\">InnoCare</a>。</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fe6c81feef287f81d36043876ef8bdc\" tg-width=\"2000\" tg-height=\"2000\"/></p><p><strong>Xingkong Huawen Zhou Jin rose more than 18%, and it is reported that the production team entered Taobao live broadcast</strong></p><p>A few days ago, Brilliant Star Culture, the production team of Good Voice, entered Taobao Live Broadcast and started singer music-style delivery. It is reported that on the day Good Voice Singing and Enjoy Good Things was launched, the cumulative turnover was 10.9 million, and the cumulative number of viewers was 3.29 million.</p><p><strong>Leapmotor rose more than 13% this week, and the organization expects the company's sales climb to narrow losses</strong></p><p>Leapmotor announced its new car deliveries in April earlier this month. A total of 8,726 new cars were delivered that month, a month-on-month increase of 41%, and C-series models accounted for more than 83%. A CITIC Securities research report pointed out that the company's new orders will still start to drive a rebound in annual sales in 23Q2. The bank is also optimistic that Zero Run will keep its gross loss controllable while climbing sales through a series of cost reduction measures and scale effects, and gradually narrow to close to profit-break even.</p><p><strong>Guangzhou-Shenzhen Railway, Gaowei Electronics, and CSSC Defense all rose by more than 11%</strong></p><p>Guangzhou-Shenzhen Railway Co., Ltd</p><p>The Industrial Securities Research Report pointed out that the Guangzhou-Shenzhen Railway has an excellent asset location, connecting the two core cities of Shenzhen and Guangzhou, and at the same time operating direct trains through Hong Kong, fully enjoying the economic vitality of the Austria-Hong Kong-Macao Greater Bay Area. Beginning in 2021, the company has added long-distance cross-line EMU trains, and achieved interconnection with the Gansu-Shenzhen Railway by the end of the year, increasing its profit margin. In the future, the company is expected to fully enter the field of high-speed railway operations. At that time, the company is expected to achieve Davis double-hit.</p><p>Gaowei Electronics</p><p>Previously, Tianfeng International analyst Ming-Chi Kuo said that both iPhone 16 Pro and Pro Max will be equipped with periscope lenses, and only Pro Max in iPhone 15 will be equipped; Gaowei Electronics may be the supplier of iPhone 16 periscope lens CCM; The first-generation Apple MR headset is likely to be released at WWDC in June, and the second-generation will be mass-produced in 2025. Gaowei Electronics will be the main supplier of the second-generation CCM.</p><p>CSSC Defence</p><p>CSSC is a listed company under China State Shipbuilding Corporation. Generally, it belongs to the military industry sector, but it also belongs to the manufacturing sector. CITIC Securities believes that the military industry is currently in the triple bottom zone of sector valuation, performance growth and capital allocation, and has significant investment value. With a new round of upward climate and production capacity expansion, the industry is expected to return to the upward channel. It is expected that there will be an inflection point in the second half of the quarter. Recommend leading companies in sub-tracks. First choose targets with high-prospect tracks, high proportion of military products, and fast performance growth, second choose targets with low valuation quantiles and large margin changes. At the same time, focus on targets that benefit from military trade and national reform.</p><p><strong>Sun Art Retail achieved positive results and behind profits, the number of employees decreased by 14,000, and labor costs fell by more than 300 million yuan</strong></p><p>On the evening of May 16, Sun Art Retail announced its performance report for the fiscal year 2023 ending March 31, 2023. During the period, revenue was 83.662 billion yuan, a year-on-year decrease of 5.1%. The profit attributable to the owners of the company was 109 million yuan, compared with a loss of 739 million yuan in the same period last year; The profit for the year was 78 million yuan, compared with a loss of 826 million yuan in the same period last year, turning losses into profits.</p><p>The group's gross profit was 20.581 billion yuan, a decrease of 892 million yuan, or approximately 4.2%, from 21.473 billion yuan in the same period last year. The decrease in gross profit was due to the decrease in revenue from sales of goods and rental income. Among them, the revenue from sales of goods was 80.535 billion yuan, a year-on-year decrease of 4.8%; Rental income was 3.127 billion yuan, a year-on-year decrease of 11.6%.</p><p>The group's gross profit was 20.581 billion yuan, a decrease of 892 million yuan, or approximately 4.2%, from 21.473 billion yuan in the same period last year. The decrease in gross profit was due to the decrease in revenue from sales of goods and rental income. Among them, the revenue from sales of goods was 80.535 billion yuan, a year-on-year decrease of 4.8%; Rental income was 3.127 billion yuan, a year-on-year decrease of 11.6%.</p><p>Wang Guo, a senior retail expert, analyzed that the financial techniques adopted by many companies last year were to greatly improve the competitiveness of employees and encourage high-quality students to graduate. Means such as layoffs reduced labor costs, which also greatly contributed to Sun Art Retail's revenue, gross profit, etc. Despite the decline, it was able to maintain positive net profit.</p><p></body></html></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>This week's Hong Kong stock bull and bear list | Turning over to become a major supplier, this Apple concept stock rose nearly 12% throughout the week! Start music delivery, Starry Chinese ranks first in the list!</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\">\nThis week's Hong Kong stock bull and bear list | Turning over to become a major supplier, this Apple concept stock rose nearly 12% throughout the week! Start music delivery, Starry Chinese ranks first in the list!\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1059071526\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎資訊 </p>\n<p class=\"h-time smaller\">2023-05-19 19:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>In summary, the Hang Seng Index fell 176 points or 0.9% this week (May 15-May 19) and fell for two consecutive weeks. The KSI fell 1.35% for the whole week and fell for the seventh consecutive week. The five best stocks with a market value of more than 10 billion and an average daily turnover of more than 10 million this week are<a href=\"https://laohu8.com/S/06698\">Starry Chinese</a>、<a href=\"https://laohu8.com/S/09863\">Leapmotor</a>、<a href=\"https://laohu8.com/S/00525\">Guangzhou-Shenzhen Railway Co., Ltd</a>、<a href=\"https://laohu8.com/S/01415\">Gaowei Electronics</a>、<a href=\"https://laohu8.com/S/00317\">CSSC Defense</a>。 The five stocks with the most bearish performance are<a href=\"https://laohu8.com/S/06808\">Sun Art Retail</a>、<a href=\"https://laohu8.com/S/02007\">Country Garden</a>、<a href=\"https://laohu8.com/S/01121\">Jinyang New Energy</a>、<a href=\"https://laohu8.com/S/02602\">Everything Cloud</a>、<a href=\"https://laohu8.com/S/09969\">InnoCare</a>。</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fe6c81feef287f81d36043876ef8bdc\" tg-width=\"2000\" tg-height=\"2000\"/></p><p><strong>Xingkong Huawen Zhou Jin rose more than 18%, and it is reported that the production team entered Taobao live broadcast</strong></p><p>A few days ago, Brilliant Star Culture, the production team of Good Voice, entered Taobao Live Broadcast and started singer music-style delivery. It is reported that on the day Good Voice Singing and Enjoy Good Things was launched, the cumulative turnover was 10.9 million, and the cumulative number of viewers was 3.29 million.</p><p><strong>Leapmotor rose more than 13% this week, and the organization expects the company's sales climb to narrow losses</strong></p><p>Leapmotor announced its new car deliveries in April earlier this month. A total of 8,726 new cars were delivered that month, a month-on-month increase of 41%, and C-series models accounted for more than 83%. A CITIC Securities research report pointed out that the company's new orders will still start to drive a rebound in annual sales in 23Q2. The bank is also optimistic that Zero Run will keep its gross loss controllable while climbing sales through a series of cost reduction measures and scale effects, and gradually narrow to close to profit-break even.</p><p><strong>Guangzhou-Shenzhen Railway, Gaowei Electronics, and CSSC Defense all rose by more than 11%</strong></p><p>Guangzhou-Shenzhen Railway Co., Ltd</p><p>The Industrial Securities Research Report pointed out that the Guangzhou-Shenzhen Railway has an excellent asset location, connecting the two core cities of Shenzhen and Guangzhou, and at the same time operating direct trains through Hong Kong, fully enjoying the economic vitality of the Austria-Hong Kong-Macao Greater Bay Area. Beginning in 2021, the company has added long-distance cross-line EMU trains, and achieved interconnection with the Gansu-Shenzhen Railway by the end of the year, increasing its profit margin. In the future, the company is expected to fully enter the field of high-speed railway operations. At that time, the company is expected to achieve Davis double-hit.</p><p>Gaowei Electronics</p><p>Previously, Tianfeng International analyst Ming-Chi Kuo said that both iPhone 16 Pro and Pro Max will be equipped with periscope lenses, and only Pro Max in iPhone 15 will be equipped; Gaowei Electronics may be the supplier of iPhone 16 periscope lens CCM; The first-generation Apple MR headset is likely to be released at WWDC in June, and the second-generation will be mass-produced in 2025. Gaowei Electronics will be the main supplier of the second-generation CCM.</p><p>CSSC Defence</p><p>CSSC is a listed company under China State Shipbuilding Corporation. Generally, it belongs to the military industry sector, but it also belongs to the manufacturing sector. CITIC Securities believes that the military industry is currently in the triple bottom zone of sector valuation, performance growth and capital allocation, and has significant investment value. With a new round of upward climate and production capacity expansion, the industry is expected to return to the upward channel. It is expected that there will be an inflection point in the second half of the quarter. Recommend leading companies in sub-tracks. First choose targets with high-prospect tracks, high proportion of military products, and fast performance growth, second choose targets with low valuation quantiles and large margin changes. At the same time, focus on targets that benefit from military trade and national reform.</p><p><strong>Sun Art Retail achieved positive results and behind profits, the number of employees decreased by 14,000, and labor costs fell by more than 300 million yuan</strong></p><p>On the evening of May 16, Sun Art Retail announced its performance report for the fiscal year 2023 ending March 31, 2023. During the period, revenue was 83.662 billion yuan, a year-on-year decrease of 5.1%. The profit attributable to the owners of the company was 109 million yuan, compared with a loss of 739 million yuan in the same period last year; The profit for the year was 78 million yuan, compared with a loss of 826 million yuan in the same period last year, turning losses into profits.</p><p>The group's gross profit was 20.581 billion yuan, a decrease of 892 million yuan, or approximately 4.2%, from 21.473 billion yuan in the same period last year. The decrease in gross profit was due to the decrease in revenue from sales of goods and rental income. Among them, the revenue from sales of goods was 80.535 billion yuan, a year-on-year decrease of 4.8%; Rental income was 3.127 billion yuan, a year-on-year decrease of 11.6%.</p><p>The group's gross profit was 20.581 billion yuan, a decrease of 892 million yuan, or approximately 4.2%, from 21.473 billion yuan in the same period last year. The decrease in gross profit was due to the decrease in revenue from sales of goods and rental income. Among them, the revenue from sales of goods was 80.535 billion yuan, a year-on-year decrease of 4.8%; Rental income was 3.127 billion yuan, a year-on-year decrease of 11.6%.</p><p>Wang Guo, a senior retail expert, analyzed that the financial techniques adopted by many companies last year were to greatly improve the competitiveness of employees and encourage high-quality students to graduate. Means such as layoffs reduced labor costs, which also greatly contributed to Sun Art Retail's revenue, gross profit, etc. Despite the decline, it was able to maintain positive net profit.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f229eb51e509024b692ab5c88351a26c","relate_stocks":{"06808":"高鑫零售","06698":"星空华文","01121":"金阳新能源","09969":"诺诚健华","00317":"中船防务","01415":"高伟电子","02602":"万物云","00525":"广深铁路股份","02007":"碧桂园","09863":"零跑汽车"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143359729","content_text":"總結恒指本周(5月15日-5月19日)跌176點或0.9%,並連跌兩周,科指全周挫1.35%,更連跌第七周。本週市值百億以上、日均成交千萬以上表現最好五隻股是 星空华文 、 零跑汽车 、 广深铁路股份 、 高伟电子 、 中船防务 。表現最熊的五隻股是 高鑫零售 、 碧桂园 、 金阳新能源 、 万物云 、 诺诚健华 。星空華文本週勁升逾18%,據悉製作團隊入駐淘寶直播日前,好聲音的製作團隊燦星文化入駐淘寶直播,開啟歌星音樂式帶貨。據悉,好聲音唱享好物開播當日,累計成交額1090萬,累計觀看人次329萬。零跑汽車本週升逾13% 機構料公司銷量爬升將收窄虧損零跑汽車於本月初公布4月新車交付量。當月共計交付新車8726臺,環比增長41%,C系列車型占比超83%。中信證券研報指出,公司新增訂單仍將在23Q2開始拉動全年銷量回升。該行也看好零跑通過一系列降本措施和規模效應在銷量爬升的同時保持毛虧損可控,並逐漸收窄至接近盈虧平衡。廣深鐵路股份、高偉電子、中船防務齊齊升逾11%廣深鐵路股份興業證券研報指出,廣深鐵路資產區位優越,連接深圳、廣州兩大核心城市,同時開行過港直通車,充分享受奧港澳大灣區的經濟活力。2021 年開始,公司增開長距離跨線動車組列車,且年底實現了和贛深鐵路互聯互通,利潤率提升。未來公司有望全面進軍高鐵運營領域,屆時公司有望實現戴維斯雙擊。高偉電子此前,天風國際分析師郭明錤稱,iPhone 16 Pro和Pro Max都將配潛望鏡頭,iPhone 15中只有Pro Max配;高偉電子可能是iPhone 16潛望鏡頭CCM的供應商;一代蘋果MR頭顯很可能6月的WWDC發布,二代將2025年量產,高偉電子將是二代CCM的主要供應商。中船防務「中船系」是中國船舶集團總公司旗下的上市公司。總體上歸屬於軍工板塊,而本身也屬於製造業板塊。中信建投證券認為,目前軍工行業處於板塊估值、業績增速以及資金配置三重底部區間,具備顯著投資價值,隨著新一輪的景氣上行和產能擴張,行業有望重回上升通道,預計二季度下旬板塊出現拐點。推薦細分賽道龍頭公司,首選「高景氣賽道、軍品占比高、業績增速快」的標的,次選「估值低分位,邊際變化大」的標的,同時重點關註軍貿、國改受益標的。高鑫零售發業績 正利潤背後員工減少14000名,人力成本下降超3億元5月16日晚,高鑫零售公布截至2023年3月31日的2023財年業績報告,期內收入836.62億元,按年下降5.1%。公司擁有人應占溢利為1.09億元,上年同期為虧損7.39億元;年內溢利為7800萬元,上年同期為虧損8.26億元,扭虧為盈。集團毛利為205.81億元,較上年同期的214.73億元減少8.92億元,降幅約4.2%。毛利減少是由於銷售貨品的收入及租金收入減少。其中,銷售貨品收入為805.35億元,同比下降4.8%;租金收入所得為31.27億元,同比下降11.6%。集團毛利為205.81億元,較上年同期的214.73億元減少8.92億元,降幅約4.2%。毛利減少是由於銷售貨品的收入及租金收入減少。其中,銷售貨品收入為805.35億元,同比下降4.8%;租金收入所得為31.27億元,同比下降11.6%。資深零售專家王國分析,去年很多企業采用的財技手法是大幅提高員工競爭力以及鼓勵「優質學員畢業」,「裁員等手段使得人力成本下降,這也在很大程度上促使高鑫零售在營收、毛利等下降的情況下,得以保持凈利潤為正。」","news_type":1,"symbols_score_info":{"09969":0.9,"01415":0.9,"06808":0.9,"09863":0.9,"00317":0.9,"00525":0.9,"02007":0.9,"02602":0.9,"01121":0.9,"06698":0.9}},"isVote":1,"tweetType":1,"viewCount":2723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970347584,"gmtCreate":1684078577348,"gmtModify":1684078581963,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970347584","repostId":"1154230640","repostType":2,"repost":{"id":"1154230640","kind":"news","weMediaInfo":{"introduction":"致力于提供最及时的财经资讯,最专业的解读分析,覆盖宏观经济、金融机构、A股市场、上市公司、投资理财等财经领域。","home_visible":1,"media_name":"券商中国","id":"9","head_image":"https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f"},"pubTimestamp":1684060454,"share":"https://ttm.financial/m/news/1154230640?lang=en_US&edition=fundamental","pubTime":"2023-05-14 18:34","market":"sh","language":"zh","title":"Buy it at 2800 and set it at 3400? 90% of funds underperformed the market during the year. Who caught the bull market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1154230640","media":"券商中国","summary":"大盘在涨,账户却在亏损!开年以来,上证指数上涨5.93%,更是一度冲上3400点,沪深300指数上涨1.71%,人工智能、中特估等热门概念股涨势喜人。然而,投资者们感受却颇有不同,亦有网友调侃,“大盘","content":"<p><html><head></head><body>The market is rising, but the account is losing money!</p><p><p style=\"text-align: justify;\">Since the beginning of the year, the Shanghai Composite Index has risen by 5.93%, and once reached 3,400 points. The Shanghai and Shenzhen 300 Index has risen by 1.71%. Popular concept stocks such as artificial intelligence and China Special Evaluation have seen gratifying gains. However, investors' feelings are quite different, and some netizens ridiculed, \"The market has risen so heartbreaking! Buy it at 2800 and set it at 3400!\".</p><p><p style=\"text-align: justify;\">Similarly, institutional investors failed to enjoy the 3400-point \"win\". Isolated from the structural market, most funds did not perform as well as the market index and missed this round of market. The performance of active equity funds is hardly optimistic.</p><p><p style=\"text-align: justify;\">Wind data shows that nearly 90% of active equity funds did not perform as well as the Shanghai Composite Index during the year, and nearly 60% of funds even suffered losses. However, fund products with good performance are sought after by Christians and have received a large number of subscriptions. In order to maintain the sustainability of good performance, these scarce high-quality funds control the management scale through purchase restrictions.</p><p><strong>90% of funds underperformed the market during the year</strong></p><p><p style=\"text-align: justify;\">Public Offering of Fund's performance during the year significantly underperformed various market indexes. Wind data shows that as of May 14, the partial stock hybrid fund index composed of more than 3,600 partial stock hybrid fund indexes (including C shares) has fallen by 3.25% this year.</p><p><p style=\"text-align: justify;\">Judging from the performance of Public Offering of Fund, it is not difficult to find that the overall profit-making effect of A-share investment this year is poor. Specifically, among the more than 4,200 active equity funds, more than 3,700 funds underperformed the Shanghai Composite Index, accounting for nearly 90%, of which more than 2,400 funds suffered performance losses, accounting for nearly 60%.</p><p><p style=\"text-align: justify;\">What makes holders depressed is that when the Shanghai Composite Index reached 3,400 points and hit a new high for the year, many holders suffered significant losses in their positions. As of May 10, 16 active equity funds had lost more than 20% during the year. More than 2,000 funds have even suffered losses for two consecutive years, including many tens of billions of fund products that have lost more than 20% for two consecutive years.</p><p><p style=\"text-align: justify;\">It is worth mentioning that, under the background of continuous market fluctuations and large-scale losses in fund product performance, the number of public funds whose funds have expired and liquidated has reached 97 since the beginning of this year, approaching the 100 mark, which is a historic small peak. Among them, equity funds have become the main force in liquidation, accounting for nearly 80%.</p><p><p style=\"text-align: justify;\">Insufficient scale is a common reason for fund liquidation. Some professionals said that in recent years, the market conditions have not been good, the performance and scale of mini-funds are difficult to improve, and the input and output are low. Fund managers have accelerated the survival of the fittest in the industry by liquidating mini-funds.</p><p><strong>Scarce high-quality funds limit purchases and control scale</strong></p><p><p style=\"text-align: justify;\">Although the overall performance of Public Offering of Fund products is not good, there are still many funds that have withstood market fluctuations, stepped out of independent trends, and continued to create value for holders.</p><p><p style=\"text-align: justify;\">Wind data shows that there are still 222 active equity funds whose performance has increased by more than 10% during the year. For example, among the funds with large product scale, Dong Chen's Huatai Beruifuli, Zhou Haidong's Huashang Advantage Industry, Hu Yibin's Huaan Media Internet, Xu Wenxing's China-Europe pension industry has all performed well.</p><p><p style=\"text-align: justify;\"><strong>During the period of market turmoil, the net value of many active equity funds has repeatedly hit new highs, such as Fan Kun's Rongtong Domestic Demand Driven AB, Jiang Cheng's Zhongtai Dividend Preferred One-Year Holding, Yang Xinxin's ICBC Select Balance and other 29 funds established for more than one year. The net value of the fund set a new record this month.</strong></p><p><p style=\"text-align: justify;\">In addition, during the market downturn, some well-known fund managers with high-quality performance did the opposite and controlled the management scale through purchase restrictions. Since May, funds managed by Bao Wuyu, Lin Yingrui, Zhou Zhishuo and Zhou Haidong have started the purchase restriction mode. Many of these funds have continuously lowered the purchase limit amount.</p><p><p style=\"text-align: justify;\">The announcement shows that the flexible allocation mix of the value margin of Invesco Great Wall, which Bao has no management, will be limited to 2 million yuan starting from May 5. The new blue-chip stock ticket of CCB Potential managed by Zhou Zhishuo is limited to 10,000 yuan since May 4th. The Chinese Business New Trend Preferred Flexible Allocation Hybrid Fund managed by Zhou Haidong has a purchase limit of 300,000 yuan starting from May 4.</p><p><p style=\"text-align: justify;\">During the market downturn, behind the fund purchase restriction is the pursuit of high-quality funds by holders. As the A-share market continues to fluctuate, the scarce high-quality funds attract a large number of holders to actively subscribe.</p><p><p style=\"text-align: justify;\">It is worth noting that when the A-share market fluctuates and adjusts, the inflow of funds is constantly accelerating. Wind data shows that as of May 10, since May, the share of ETFs has increased by 24 billion shares, the total share has reached 1.59 trillion shares, and the total scale has reached 1.69 trillion yuan. Among them, the total share of stock ETFs has increased by 19.342 billion shares, 4 consecutive months. Continuous net inflows.</p><p><strong>Opportunities in the A-share market far outweigh risks</strong></p><p><p style=\"text-align: justify;\">The fund underperformed the index on a large scale, which is considered to be the ultimate interpretation of structural market conditions such as artificial intelligence and special valuation, and is not the norm of the market. According to industry insiders, the opportunities in the medium-term A-share market far outweigh the risks.</p><p><p style=\"text-align: justify;\">Since the beginning of this year, the market trend has been relatively diverged. Yang Delong, chief economist of Qianhai Kaiyuan, said that with the arrival of the market in May, the style of the market has begun to switch, and investors have begun to pay attention to high-quality leading stocks with excellent performance. Consumption and new energy are expected to stop falling and rebound, taking over the baton of the market.</p><p><p style=\"text-align: justify;\">Deng Hequan, a senior strategist at China Merchants Fund, believes that stocks are still in the window of structural long positions. Overall, 2023 may be a process of rising the bottom and moving up the market center. Industries that have performed against the market in this round of adjustment may be expected to become the main line of investment throughout the year. At present, investors' policy expectations and geopolitical expectations are not high and sufficient, so there is not much room for index adjustment. Secondly, the occurrence of risk events will still change the expected attitude, distribution and aggravate the wait-and-see mood. Therefore, for stocks that avoid pure theme speculation, the next stage of opportunities may gradually transition to growth stocks that are expected to be revised upward and have low risk characteristics.</p><p><p style=\"text-align: justify;\">Regarding the market outlook, Bosera Fund believes that as the Federal Reserve's rate hike gradually comes to an end, the external liquidity pressure faced by A-shares gradually eases. As far as the global equity market is concerned, the macro environment faced by A-shares is relatively better; At present, the P/E of Shanghai Composite Index and Growth Enterprise Market Index are below the median level in the past three years, and the overall valuation is relatively low, which still has good medium and long-term investment value.</p><p><p style=\"text-align: justify;\">The stock market as a whole fluctuated in May. HSBC Jintrust said that structural opportunities occurred frequently and the valuation of the value sector was restored. At present, economic expectations are gradually recovering, valuations are still relatively low, and medium-and long-term capital allocation is in a good range. With the repair of the valuation of the low valuation sector, the market style may become more balanced.</p><p></body></html></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>Buy it at 2800 and set it at 3400? 90% of funds underperformed the market during the year. Who caught the bull market?</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\">\nBuy it at 2800 and set it at 3400? 90% of funds underperformed the market during the year. Who caught the bull market?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/9\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">券商中国 </p>\n<p class=\"h-time smaller\">2023-05-14 18:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The market is rising, but the account is losing money!</p><p><p style=\"text-align: justify;\">Since the beginning of the year, the Shanghai Composite Index has risen by 5.93%, and once reached 3,400 points. The Shanghai and Shenzhen 300 Index has risen by 1.71%. Popular concept stocks such as artificial intelligence and China Special Evaluation have seen gratifying gains. However, investors' feelings are quite different, and some netizens ridiculed, \"The market has risen so heartbreaking! Buy it at 2800 and set it at 3400!\".</p><p><p style=\"text-align: justify;\">Similarly, institutional investors failed to enjoy the 3400-point \"win\". Isolated from the structural market, most funds did not perform as well as the market index and missed this round of market. The performance of active equity funds is hardly optimistic.</p><p><p style=\"text-align: justify;\">Wind data shows that nearly 90% of active equity funds did not perform as well as the Shanghai Composite Index during the year, and nearly 60% of funds even suffered losses. However, fund products with good performance are sought after by Christians and have received a large number of subscriptions. In order to maintain the sustainability of good performance, these scarce high-quality funds control the management scale through purchase restrictions.</p><p><strong>90% of funds underperformed the market during the year</strong></p><p><p style=\"text-align: justify;\">Public Offering of Fund's performance during the year significantly underperformed various market indexes. Wind data shows that as of May 14, the partial stock hybrid fund index composed of more than 3,600 partial stock hybrid fund indexes (including C shares) has fallen by 3.25% this year.</p><p><p style=\"text-align: justify;\">Judging from the performance of Public Offering of Fund, it is not difficult to find that the overall profit-making effect of A-share investment this year is poor. Specifically, among the more than 4,200 active equity funds, more than 3,700 funds underperformed the Shanghai Composite Index, accounting for nearly 90%, of which more than 2,400 funds suffered performance losses, accounting for nearly 60%.</p><p><p style=\"text-align: justify;\">What makes holders depressed is that when the Shanghai Composite Index reached 3,400 points and hit a new high for the year, many holders suffered significant losses in their positions. As of May 10, 16 active equity funds had lost more than 20% during the year. More than 2,000 funds have even suffered losses for two consecutive years, including many tens of billions of fund products that have lost more than 20% for two consecutive years.</p><p><p style=\"text-align: justify;\">It is worth mentioning that, under the background of continuous market fluctuations and large-scale losses in fund product performance, the number of public funds whose funds have expired and liquidated has reached 97 since the beginning of this year, approaching the 100 mark, which is a historic small peak. Among them, equity funds have become the main force in liquidation, accounting for nearly 80%.</p><p><p style=\"text-align: justify;\">Insufficient scale is a common reason for fund liquidation. Some professionals said that in recent years, the market conditions have not been good, the performance and scale of mini-funds are difficult to improve, and the input and output are low. Fund managers have accelerated the survival of the fittest in the industry by liquidating mini-funds.</p><p><strong>Scarce high-quality funds limit purchases and control scale</strong></p><p><p style=\"text-align: justify;\">Although the overall performance of Public Offering of Fund products is not good, there are still many funds that have withstood market fluctuations, stepped out of independent trends, and continued to create value for holders.</p><p><p style=\"text-align: justify;\">Wind data shows that there are still 222 active equity funds whose performance has increased by more than 10% during the year. For example, among the funds with large product scale, Dong Chen's Huatai Beruifuli, Zhou Haidong's Huashang Advantage Industry, Hu Yibin's Huaan Media Internet, Xu Wenxing's China-Europe pension industry has all performed well.</p><p><p style=\"text-align: justify;\"><strong>During the period of market turmoil, the net value of many active equity funds has repeatedly hit new highs, such as Fan Kun's Rongtong Domestic Demand Driven AB, Jiang Cheng's Zhongtai Dividend Preferred One-Year Holding, Yang Xinxin's ICBC Select Balance and other 29 funds established for more than one year. The net value of the fund set a new record this month.</strong></p><p><p style=\"text-align: justify;\">In addition, during the market downturn, some well-known fund managers with high-quality performance did the opposite and controlled the management scale through purchase restrictions. Since May, funds managed by Bao Wuyu, Lin Yingrui, Zhou Zhishuo and Zhou Haidong have started the purchase restriction mode. Many of these funds have continuously lowered the purchase limit amount.</p><p><p style=\"text-align: justify;\">The announcement shows that the flexible allocation mix of the value margin of Invesco Great Wall, which Bao has no management, will be limited to 2 million yuan starting from May 5. The new blue-chip stock ticket of CCB Potential managed by Zhou Zhishuo is limited to 10,000 yuan since May 4th. The Chinese Business New Trend Preferred Flexible Allocation Hybrid Fund managed by Zhou Haidong has a purchase limit of 300,000 yuan starting from May 4.</p><p><p style=\"text-align: justify;\">During the market downturn, behind the fund purchase restriction is the pursuit of high-quality funds by holders. As the A-share market continues to fluctuate, the scarce high-quality funds attract a large number of holders to actively subscribe.</p><p><p style=\"text-align: justify;\">It is worth noting that when the A-share market fluctuates and adjusts, the inflow of funds is constantly accelerating. Wind data shows that as of May 10, since May, the share of ETFs has increased by 24 billion shares, the total share has reached 1.59 trillion shares, and the total scale has reached 1.69 trillion yuan. Among them, the total share of stock ETFs has increased by 19.342 billion shares, 4 consecutive months. Continuous net inflows.</p><p><strong>Opportunities in the A-share market far outweigh risks</strong></p><p><p style=\"text-align: justify;\">The fund underperformed the index on a large scale, which is considered to be the ultimate interpretation of structural market conditions such as artificial intelligence and special valuation, and is not the norm of the market. According to industry insiders, the opportunities in the medium-term A-share market far outweigh the risks.</p><p><p style=\"text-align: justify;\">Since the beginning of this year, the market trend has been relatively diverged. Yang Delong, chief economist of Qianhai Kaiyuan, said that with the arrival of the market in May, the style of the market has begun to switch, and investors have begun to pay attention to high-quality leading stocks with excellent performance. Consumption and new energy are expected to stop falling and rebound, taking over the baton of the market.</p><p><p style=\"text-align: justify;\">Deng Hequan, a senior strategist at China Merchants Fund, believes that stocks are still in the window of structural long positions. Overall, 2023 may be a process of rising the bottom and moving up the market center. Industries that have performed against the market in this round of adjustment may be expected to become the main line of investment throughout the year. At present, investors' policy expectations and geopolitical expectations are not high and sufficient, so there is not much room for index adjustment. Secondly, the occurrence of risk events will still change the expected attitude, distribution and aggravate the wait-and-see mood. Therefore, for stocks that avoid pure theme speculation, the next stage of opportunities may gradually transition to growth stocks that are expected to be revised upward and have low risk characteristics.</p><p><p style=\"text-align: justify;\">Regarding the market outlook, Bosera Fund believes that as the Federal Reserve's rate hike gradually comes to an end, the external liquidity pressure faced by A-shares gradually eases. As far as the global equity market is concerned, the macro environment faced by A-shares is relatively better; At present, the P/E of Shanghai Composite Index and Growth Enterprise Market Index are below the median level in the past three years, and the overall valuation is relatively low, which still has good medium and long-term investment value.</p><p><p style=\"text-align: justify;\">The stock market as a whole fluctuated in May. HSBC Jintrust said that structural opportunities occurred frequently and the valuation of the value sector was restored. At present, economic expectations are gradually recovering, valuations are still relatively low, and medium-and long-term capital allocation is in a good range. With the repair of the valuation of the low valuation sector, the market style may become more balanced.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ebb146d9df27844cb787ad545c50986d","relate_stocks":{"000001.SH":"上证指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154230640","content_text":"大盘在涨,账户却在亏损!开年以来,上证指数上涨5.93%,更是一度冲上3400点,沪深300指数上涨1.71%,人工智能、中特估等热门概念股涨势喜人。然而,投资者们感受却颇有不同,亦有网友调侃,“大盘涨得让人心痛!买在2800,套在3400!”。同样,机构投资者也未能享受到3400点的“胜利”。与结构性行情绝缘,大多数基金表现不及大盘指数,错失本轮行情,主动权益基金业绩难言乐观。Wind数据显示,年内近九成主动权益基金业绩不及上证指数,近六成基金业绩甚至出现亏损。不过,业绩表现好的基金产品受到基民追捧,获得大量申购,为了保持良好业绩的持续性,这些稀缺的绩优基金则通过限购控制管理规模。年内九成基金跑输大盘公募基金年内业绩大幅跑输各类大盘指数。Wind数据显示,截至5月14日,由3600余只偏股混合型基金指数(含C份额)构成的偏股混合型基金指数今年以来下跌3.25%。从公募基金业绩表现来看,不难发现,今年A股投资整体赚钱效应较差。具体来看,4200余只主动权益基金中,3700余只基金跑输上证指数,占比近九成,其中2400余只基金业绩亏损,占比近六成。让持有人郁闷的是,在上证指数站上3400点、创下年内新高时,不少持有人持仓亏损明显,截至5月10日,已有16只主动权益基金年内亏损超20%,2000余只基金甚至已经连续2年亏损,其中不乏百亿基金产品连续2年亏损超20%。值得一提的是,在市场不断波动、基金产品业绩出现大面积亏损的背景下,今年以来基金到期清盘的公募基金数量达到97只,逼近百只关口,为历史性小高峰,其中,权益类基金成为清盘主力军,占比近八成。规模不足是基金清盘常见的原因。有专业人士表示,近年市场行情不佳,迷你基金业绩、规模都很难有起色,投入产出较低,基金管理人通过清盘迷你基金加速行业优胜劣汰。稀缺绩优基金限购控规模虽然公募基金产品整体业绩表现不佳,不过仍有不少基金抵御住市场波动,走出独立走势,为持有人持续创造价值。Wind数据显示,年内仍有222只主动权益基金业绩涨幅超10%,如产品规模较大的基金中,董辰的华泰伯瑞富利、周海栋的华商优势行业、胡宜斌的华安媒体互联网、许文星的中欧养老产业均有不错业绩表现。市场震荡期,也有不少主动权益基金净值屡创新高,如范琨的融通内需驱动AB、姜诚的中泰红利优选一年持有、杨鑫鑫的工银精选平衡等29只成立一年以上的基金净值在本月刷新历史最高纪录。此外,在市场低迷期,一些绩优知名基金经理反其道而为之,通过限购控制管理规模。5月份以来,鲍无可、林英睿、周智硕和周海栋等管理的基金纷纷开启限购模式。其中不少基金不断下调限购金额。公告显示,鲍无可管理的景顺长城价值边际灵活配置混合自5月5日起,限购200万元。周智硕管理的建信潜力新蓝筹股票自5月4日起,限购1万元。周海栋管理的华商新趋势优选灵活配置混合基金自5月4日起限购30万元。市场低迷期,基金限购的背后则是持有人对绩优基金的追逐。在A股市场持续震荡,稀缺的绩优基金吸引大量持有人积极申购。值得注意的是,在A股市场震荡调整时,不断有资金在加速流入。Wind数据显示,截至5月10日,5月以来,ETF份额增加240亿份,总份额达到1.59万亿份,总规模达到1.69万亿元,其中股票型ETF总份额增长193.42亿份,连续4个月持续净流入。A股市场机会远大于风险基金大面积跑输指数,被认为是人工智能、中特估等结构性行情的极致演绎,并非市场常态。业内人士表示,中期维度A股市场机会远大于风险。今年以来市场的走势出现了比较大的分化,前海开源首席经济学家杨德龙表示,随着5月份行情的到来,市场的风格已经开始有所切换,投资者开始关注业绩优良的优质龙头股,消费、新能源有望止跌回升,接过行情的接力棒。招商基金资深策略分析师邓和权认为,目前股票仍处在结构做多的窗口,总体来看2023年或是一个底部抬升、市场中枢上移的过程。本轮调整中有逆市表现的行业或有望成为全年投资主线。当下投资者对政策预期、地缘预期均不高且较充分,因此指数调整空间不大。其次,风险事件的出现仍然会改变预期的态度、分布与加剧观望情绪。因此回避纯主题炒作的股票,下一阶段的机会或将逐渐过渡到预期有望上修、风险特征不高的成长股。对于后市,博时基金认为,随着美联储加息逐步进入尾声,A股面临的外围流动性压力逐步缓和,就全球权益市场来看,A股面临的宏观环境相对更优;且当前沪指与创业板指的市盈率处于近三年中位数以下水平,整体估值相对较低,依然具有不错的中长期投资价值。5月股市整体震荡,汇丰晋信表示,结构性机会频出,价值板块估值修复。目前经济预期逐步修复,估值仍在相对低位,中长期资金配置较好区间。伴随低估值板块估值修复,市场风格或将更加均衡。","news_type":1,"symbols_score_info":{"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":2498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947268426,"gmtCreate":1683200983965,"gmtModify":1683200988584,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947268426","repostId":"1185922715","repostType":2,"repost":{"id":"1185922715","kind":"news","pubTimestamp":1683200165,"share":"https://ttm.financial/m/news/1185922715?lang=en_US&edition=fundamental","pubTime":"2023-05-04 19:36","market":"us","language":"zh","title":"Not just relying on the \"moat\"! Buffett also has a big investment \"trick\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1185922715","media":"华尔街见闻","summary":"巴菲特投资的大多数公司都派息,预计今年伯克希尔·哈撒韦将从其股票投资组合中赚取约57亿美元现金。一年一度的“投资界春晚”、伯克希尔·哈撒韦股东会将在周六召开,这时候,普通投资者又会抛出灵魂一问:巴菲特","content":"<p><html><head></head><body><strong>Most of the companies Buffett invests in pay dividends, and Berkshire is expected to earn about $5.7 billion in cash from its stock portfolio this year.</strong><p style=\"text-align: justify;\">The annual \"Investment Spring Festival Gala\" and Berkshire Hathaway shareholders' meeting will be held on Saturday. At this time, ordinary investors will throw out their souls and ask again:</p><p><p style=\"text-align: justify;\">Why is Buffett's stock picking so successful?</p><p><p style=\"text-align: justify;\">To this question, the Wall Street Journal summarized two answers.</p><p><p style=\"text-align: justify;\">According to the article published by the newspaper on Wednesday, one answer is known to everyone, that is, Buffett's superb ability to select high-quality companies, and the other is much less remarkable-his favor of dividend-paying stocks.</p><p><p style=\"text-align: justify;\">Note that,<strong>Most of the companies Buffett invests in pay dividends.</strong></p><p><p style=\"text-align: justify;\">According to Dow Jones Market Data's analysis of company announcements,<strong>Berkshire Hathaway is expected to earn about $5.7 billion in cash from its stock portfolio this year.</strong></p><p><p style=\"text-align: justify;\">Nearly a fifth of that will come from Chevron, one of Berkshire's largest holdings,<strong>Chevron has increased its dividend for 36 consecutive years.</strong></p><p><p style=\"text-align: justify;\">In addition, Dow Jones market data shows that Berkshire will also receive more than $700 million each from Coca-Cola, Apple and Bank of America, more than $500 million from Kraft Heinz and about $363 million from American Express.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fa8ab5d9e43dc821c224f2bc8d3a57b\" tg-width=\"554\" tg-height=\"439\"/></p><p><p style=\"text-align: justify;\"><strong>\"That's what he likes: dividend payouts and buybacks,\"</strong>Todd Finkle, a professor of entrepreneurship at Gonzaga University, said that Finkle once wrote a book about Buffett's career.</p><p><p style=\"text-align: justify;\">Buffet is adept at picking companies that have stood the test of time and improved their Dividend in many economic cycles, Finkle said. Over time, this both increases the value of Berkshire's stock portfolio and expands the company's ample cash reserves that can be used for its own business as well as acquisitions and stock buybacks.</p><p><p style=\"text-align: justify;\">According to Berkshire's most recent earnings report, the company will have $128.6 billion in cash and cash equivalents by the end of 2022.</p><p><p style=\"text-align: justify;\">Finkle said favoring dividend stocks is not Buffett's \"secret weapon\", but it is part of it.</p><p><p style=\"text-align: justify;\">Take Buffett's favorite Coca-Cola as an example.</p><p><p style=\"text-align: justify;\">In 1994, Berkshire Hathaway bought about 400 million Coca-Cola shares it currently holds for $1.3 billion, and received $75 million in cash Dividend that year.</p><p><p style=\"text-align: justify;\"><strong>In 2022, this figure has nearly tenfold to $704 million, and the market value of Berkshire's Coca-Cola stake has soared to $25 billion.</strong></p><p><p style=\"text-align: justify;\">Buffett said in his annual letter to shareholders released earlier this year,<strong>Dividend grows every year, as sure as a birthday.</strong></p><p><p style=\"text-align: justify;\">Buffett said in his shareholder letter:</p><p>All Charlie (Munger) and I have to do is cash Coca-Cola's quarterly Dividend check.<p style=\"text-align: justify;\">Buffet and Munger expect Coca-Cola to continue to improve its Dividend in the future. Coca-Cola said in February that it had approved its 61st consecutive annual Dividend increase.</p><p><p style=\"text-align: justify;\">In other words, according to Finkle, Buffett's \"secret weapon\" for stock selection is actually \"selecting high-quality companies + dividend-paying stocks.\"</p><p><p style=\"text-align: justify;\">The use of this \"secret weapon\" on American Express has achieved similar returns for Berkshire.</p><p><p style=\"text-align: justify;\">In 1995, Berkshire completed the vast majority of the transaction to buy American Express shares for $1.3 billion, and received $41 million in Dividend that year.</p><p><p style=\"text-align: justify;\">Last year, Berkshire's stake in American Express was worth $22 billion, and it received $302 million in Dividend from the latter.</p><p><p style=\"text-align: justify;\">\"These Dividend gains are satisfactory, but they are far from amazing,\" Buffet said in his letter. \"But what matters is that they bring about a rise in the share price.\"</p><p><p style=\"text-align: justify;\">Generally speaking, investors tend to reinvest dividends into the original stocks, but Berkshire has not reinvested dividends from Coca-Cola and American Express into these two stocks. The company's share buybacks over the years.</p><p><p style=\"text-align: justify;\">In fact,<strong>Berkshire hasn't overweight Coca-Cola and American Express shares since the 1990s, and some speculate that this may be because he hates paying too much for his investments.</strong></p><p><p style=\"text-align: justify;\">Buffett said in a letter to Berkshire shareholders in 1983:</p><p>For investors, buying shares of a good company at an exorbitant price may offset the impact of the ensuing decade of favorable business development.<p style=\"text-align: justify;\">It is worth noting that although Dividend can provide stable income like bonds, it still presents risks.</p><p><p style=\"text-align: justify;\">For example, if a company's cash flow is tight, it can cut or even suspend dividends, and the suspension of dividends often leads to a decline in stock prices, because investors often see it as a signal of a major financial crisis. In addition, when investors choose more expensive growth stocks, their Dividend tends to underperform.</p><p></body></html></p>","source":"wallstreetcn","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>Not just relying on the \"moat\"! Buffett also has a big investment \"trick\"</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\">\nNot just relying on the \"moat\"! Buffett also has a big investment \"trick\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-05-04 19:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><strong>Most of the companies Buffett invests in pay dividends, and Berkshire is expected to earn about $5.7 billion in cash from its stock portfolio this year.</strong><p style=\"text-align: justify;\">The annual \"Investment Spring Festival Gala\" and Berkshire Hathaway shareholders' meeting will be held on Saturday. At this time, ordinary investors will throw out their souls and ask again:</p><p><p style=\"text-align: justify;\">Why is Buffett's stock picking so successful?</p><p><p style=\"text-align: justify;\">To this question, the Wall Street Journal summarized two answers.</p><p><p style=\"text-align: justify;\">According to the article published by the newspaper on Wednesday, one answer is known to everyone, that is, Buffett's superb ability to select high-quality companies, and the other is much less remarkable-his favor of dividend-paying stocks.</p><p><p style=\"text-align: justify;\">Note that,<strong>Most of the companies Buffett invests in pay dividends.</strong></p><p><p style=\"text-align: justify;\">According to Dow Jones Market Data's analysis of company announcements,<strong>Berkshire Hathaway is expected to earn about $5.7 billion in cash from its stock portfolio this year.</strong></p><p><p style=\"text-align: justify;\">Nearly a fifth of that will come from Chevron, one of Berkshire's largest holdings,<strong>Chevron has increased its dividend for 36 consecutive years.</strong></p><p><p style=\"text-align: justify;\">In addition, Dow Jones market data shows that Berkshire will also receive more than $700 million each from Coca-Cola, Apple and Bank of America, more than $500 million from Kraft Heinz and about $363 million from American Express.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fa8ab5d9e43dc821c224f2bc8d3a57b\" tg-width=\"554\" tg-height=\"439\"/></p><p><p style=\"text-align: justify;\"><strong>\"That's what he likes: dividend payouts and buybacks,\"</strong>Todd Finkle, a professor of entrepreneurship at Gonzaga University, said that Finkle once wrote a book about Buffett's career.</p><p><p style=\"text-align: justify;\">Buffet is adept at picking companies that have stood the test of time and improved their Dividend in many economic cycles, Finkle said. Over time, this both increases the value of Berkshire's stock portfolio and expands the company's ample cash reserves that can be used for its own business as well as acquisitions and stock buybacks.</p><p><p style=\"text-align: justify;\">According to Berkshire's most recent earnings report, the company will have $128.6 billion in cash and cash equivalents by the end of 2022.</p><p><p style=\"text-align: justify;\">Finkle said favoring dividend stocks is not Buffett's \"secret weapon\", but it is part of it.</p><p><p style=\"text-align: justify;\">Take Buffett's favorite Coca-Cola as an example.</p><p><p style=\"text-align: justify;\">In 1994, Berkshire Hathaway bought about 400 million Coca-Cola shares it currently holds for $1.3 billion, and received $75 million in cash Dividend that year.</p><p><p style=\"text-align: justify;\"><strong>In 2022, this figure has nearly tenfold to $704 million, and the market value of Berkshire's Coca-Cola stake has soared to $25 billion.</strong></p><p><p style=\"text-align: justify;\">Buffett said in his annual letter to shareholders released earlier this year,<strong>Dividend grows every year, as sure as a birthday.</strong></p><p><p style=\"text-align: justify;\">Buffett said in his shareholder letter:</p><p>All Charlie (Munger) and I have to do is cash Coca-Cola's quarterly Dividend check.<p style=\"text-align: justify;\">Buffet and Munger expect Coca-Cola to continue to improve its Dividend in the future. Coca-Cola said in February that it had approved its 61st consecutive annual Dividend increase.</p><p><p style=\"text-align: justify;\">In other words, according to Finkle, Buffett's \"secret weapon\" for stock selection is actually \"selecting high-quality companies + dividend-paying stocks.\"</p><p><p style=\"text-align: justify;\">The use of this \"secret weapon\" on American Express has achieved similar returns for Berkshire.</p><p><p style=\"text-align: justify;\">In 1995, Berkshire completed the vast majority of the transaction to buy American Express shares for $1.3 billion, and received $41 million in Dividend that year.</p><p><p style=\"text-align: justify;\">Last year, Berkshire's stake in American Express was worth $22 billion, and it received $302 million in Dividend from the latter.</p><p><p style=\"text-align: justify;\">\"These Dividend gains are satisfactory, but they are far from amazing,\" Buffet said in his letter. \"But what matters is that they bring about a rise in the share price.\"</p><p><p style=\"text-align: justify;\">Generally speaking, investors tend to reinvest dividends into the original stocks, but Berkshire has not reinvested dividends from Coca-Cola and American Express into these two stocks. The company's share buybacks over the years.</p><p><p style=\"text-align: justify;\">In fact,<strong>Berkshire hasn't overweight Coca-Cola and American Express shares since the 1990s, and some speculate that this may be because he hates paying too much for his investments.</strong></p><p><p style=\"text-align: justify;\">Buffett said in a letter to Berkshire shareholders in 1983:</p><p>For investors, buying shares of a good company at an exorbitant price may offset the impact of the ensuing decade of favorable business development.<p style=\"text-align: justify;\">It is worth noting that although Dividend can provide stable income like bonds, it still presents risks.</p><p><p style=\"text-align: justify;\">For example, if a company's cash flow is tight, it can cut or even suspend dividends, and the suspension of dividends often leads to a decline in stock prices, because investors often see it as a signal of a major financial crisis. In addition, when investors choose more expensive growth stocks, their Dividend tends to underperform.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3687974\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f3ecc14db02762fcb82cdbb76e654301","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://wallstreetcn.com/articles/3687974","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185922715","content_text":"巴菲特投资的大多数公司都派息,预计今年伯克希尔·哈撒韦将从其股票投资组合中赚取约57亿美元现金。一年一度的“投资界春晚”、伯克希尔·哈撒韦股东会将在周六召开,这时候,普通投资者又会抛出灵魂一问:巴菲特的选股为什么会如此成功?对于这个问题,《华尔街日报》总结了两个答案。根据该报周三发布的文章,其中一个答案无人不晓,即巴菲特出神入化的挑选优质公司的能力,另外一个则不起眼得多——青睐派息股。注意,巴菲特投资的大多数公司都派息。根据Dow Jones Market Data对公司公告的分析,预计今年伯克希尔·哈撒韦将从其股票投资组合中赚取约57亿美元现金。其中近五分之一将来自伯克希尔最大持股之一的雪佛龙,雪佛龙已连续36年增加派息。另外,道琼斯市场数据显示,伯克希尔还将从可口可乐、苹果和美国银行各拿到逾7亿美元,从卡夫亨氏公司拿到逾5亿美元,从美国运通公司拿到约3.63亿美元。 “这就是他喜欢的:派息和回购,”贡萨加大学创业学教授Todd Finkle说,Finkle曾写过一本关于巴菲特职业生涯的书。Finkle说,巴菲特擅长挑选在许多经济周期中经受住时间考验并提高股息的公司。随着时间推移,这既增加了伯克希尔股票投资组合的价值,也扩大了公司能够用于自身业务以及收购和股票回购的充足现金储备。根据伯克希尔最近的财报,公司到2022年年底拥有1286亿美元的现金和现金等价物。Finkle表示,青睐派息股并非巴菲特的“秘密武器”,但确是其中一部分。拿巴菲特最爱的可口可乐举例。1994年,伯克希尔·哈撒韦以13亿美元买入其目前持有的大约4亿股可口可乐股份,当年就获得了7500万美元的现金股息。2022年,这一数字翻了近十倍至7.04亿美元,而伯克希尔持有的可口可乐股份市值也已飙升至250亿美元。巴菲特在今年早些时候发布的年度致股东信中称,股息每年都会增长,就像生日一样确定无疑。巴菲特在股东信中表示:我和查理(芒格)要做的只是兑现可口可乐的季度股息支票。巴菲特和芒格预计,可口可乐未来将继续提高股息。可口可乐2月份表示,已批准连续第61次提高年度股息。也就是说,按照Finkle的说法,巴菲特选股的“秘密武器”其实是“挑选优质公司+派息股”。该“秘密武器”用在美国运通公司身上也为伯克希尔实现了类似的回报。伯克希尔1995年完成了以13亿美元买入美国运通股份的绝大部分交易,并在当年获得了4100万美元的股息。去年,伯克希尔所持美国运通股份价值为220亿美元,并从后者获得了3.02亿美元的股息。“这些股息收益固然令人满意,却远谈不上惊人,”巴菲特在他的信中表示。“但重要的是它们带来了股价的上涨。”一般来说,投资者倾向于将分红重新投资到原股票上,但伯克希尔并没有将可口可乐和美国运通的分红重新投资到这两只股票中,持股比例升高则是因为两家公司多年以来的股票回购。事实上,伯克希尔自1990年代以来就没有加码可口可乐和美国运通股票,有人推测,这可能是因为他讨厌为投资支付过高的价格。巴菲特在1983年写给伯克希尔股东的信中说:对于投资者来说,以过高的价格购买一家优秀公司的股票,可能会抵消随后十年有利的业务发展所产生的影响。值得注意的是,股息虽然能够像债券一样提供稳定的收入,但仍存在风险。比如,如果一家公司现金流紧张,它可以削减甚至是暂停派息,而暂停派息又往往会导致股价下跌,因为投资者经常其视为公司出现重大财务危机的信号。另外,当投资者选择较昂贵的成长股时,其股息也往往表现不佳。","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":2443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947648813,"gmtCreate":1683116500033,"gmtModify":1683116505420,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947648813","repostId":"1166168941","repostType":2,"repost":{"id":"1166168941","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":1683116159,"share":"https://ttm.financial/m/news/1166168941?lang=en_US&edition=fundamental","pubTime":"2023-05-03 20:15","market":"other","language":"zh","title":"U.S. ADP employment was 296,000 in April, the largest increase since July 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1166168941","media":"老虎资讯综合","summary":"5月3日,美国4月ADP就业人数为29.6万人,为2022年7月以来最大增幅;预期14.8万人,前值14.5万人。ADP报告:4月金融服务业就业人数减少2.8万人,3月减少5.1万人;4月贸易/运输/","content":"<p><html><head></head><body>On May 3, the number of U.S. ADP employment in April was 296,000, the largest increase since July 2022; It is expected to be 148,000, compared with the previous value of 145,000.</p><p>ADP report: Financial services employment decreased by 28,000 in April and 51,000 in March;</p><p>The median annual salary growth rate of trade/transportation/utility employees in April was 6.6%, compared with 7.0% in March;</p><p>The median annual salary growth rate of employees in the construction industry in April was 6.9%, compared with 7.0% in March;</p><p>The median annual salary growth rate of professional/business service employees in April was 6.3%, compared with 6.4% in March;</p><p>The median annual salary growth rate of manufacturing employees in April was 6.2%, compared with 6.5% in March;</p><p>The median annual salary growth rate of employees in the financial services industry was 6.7% in April, compared with 6.8% in March.</p><p>After the data was released, U.S. stock futures showed little short-term fluctuations, and Nasdaq 100 index futures maintained an increase of about 0.3%. The US Dollar Index rose more than 10 points in the short term and is now at 101.67. Spot gold fell about US $2 in the short term and is now trading at US $2,013.50 an ounce.</p><p><strong>Agency evaluation of ADP employment in the United States:</strong>Private U.S. companies added 296,000 jobs in April, signaling a hiring boom despite a sharp slowdown in wage growth for those who changed jobs.</p><p><strong>ADP Chief Economist Nela Richardson:</strong>The slowdown in wage growth gives the clearest signal of the current state of the labor market, and employers are reining in salary growth while hiring aggressively. Our data also shows that fewer people are changing jobs.</p><p><strong>Financial website Forexlive commented on U.S. ADP data in April:</strong>It's a strong number and underscores why the Fed's job is so tough. They couldn't reasonably raise wages without disrupting the banking system, but the addition of nearly 300,000 jobs shows that the pressure on wage growth has not gone away.</p><p></body></html></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>U.S. ADP employment was 296,000 in April, the largest increase since July 2022</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\">\nU.S. ADP employment was 296,000 in April, the largest increase since July 2022\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\">2023-05-03 20:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On May 3, the number of U.S. ADP employment in April was 296,000, the largest increase since July 2022; It is expected to be 148,000, compared with the previous value of 145,000.</p><p>ADP report: Financial services employment decreased by 28,000 in April and 51,000 in March;</p><p>The median annual salary growth rate of trade/transportation/utility employees in April was 6.6%, compared with 7.0% in March;</p><p>The median annual salary growth rate of employees in the construction industry in April was 6.9%, compared with 7.0% in March;</p><p>The median annual salary growth rate of professional/business service employees in April was 6.3%, compared with 6.4% in March;</p><p>The median annual salary growth rate of manufacturing employees in April was 6.2%, compared with 6.5% in March;</p><p>The median annual salary growth rate of employees in the financial services industry was 6.7% in April, compared with 6.8% in March.</p><p>After the data was released, U.S. stock futures showed little short-term fluctuations, and Nasdaq 100 index futures maintained an increase of about 0.3%. The US Dollar Index rose more than 10 points in the short term and is now at 101.67. Spot gold fell about US $2 in the short term and is now trading at US $2,013.50 an ounce.</p><p><strong>Agency evaluation of ADP employment in the United States:</strong>Private U.S. companies added 296,000 jobs in April, signaling a hiring boom despite a sharp slowdown in wage growth for those who changed jobs.</p><p><strong>ADP Chief Economist Nela Richardson:</strong>The slowdown in wage growth gives the clearest signal of the current state of the labor market, and employers are reining in salary growth while hiring aggressively. Our data also shows that fewer people are changing jobs.</p><p><strong>Financial website Forexlive commented on U.S. ADP data in April:</strong>It's a strong number and underscores why the Fed's job is so tough. They couldn't reasonably raise wages without disrupting the banking system, but the addition of nearly 300,000 jobs shows that the pressure on wage growth has not gone away.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/627bc890436e46f74a0fe8143398a725","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166168941","content_text":"5月3日,美国4月ADP就业人数为29.6万人,为2022年7月以来最大增幅;预期14.8万人,前值14.5万人。ADP报告:4月金融服务业就业人数减少2.8万人,3月减少5.1万人;4月贸易/运输/公用事业就业人员薪资增速年率中值为6.6%,3月为7.0%;4月建筑业就业人员薪资增速年率中值为6.9%,3月为7.0%;4月专业/商业服务就业人员薪资增速年率中值为6.3%,3月为6.4%;4月制造业就业人员薪资增速年率中值为6.2%,3月为6.5%;4月金融服务业就业人员薪资增速年率中值为6.7%,3月为6.8%。数据公布后,美股期货短线波动不大,纳斯达克100指数期货维持约0.3%的涨幅。美元指数短线拉升逾10点,现报101.67。现货黄金短线走低约2美元,现报2013.50美元/盎司。机构评美国ADP就业人数:美国私营企业4月份增加了29.6万个就业岗位,表明尽管换工作的人的工资增长大幅放缓,但仍出现了招聘热潮。ADP首席经济学家Nela Richardson:薪资增长放缓给出了当前劳动力市场状况的最清晰信号,雇主们在大举招聘的同时,也在控制薪资增长。我们的数据还显示,换工作的人越来越少。财经网站Forexlive评美国4月ADP数据:这是一个强劲的数字,也突显出美联储的工作为何如此艰难。他们不可能在不破坏银行体系的情况下合理地提高工资,但增加了近30万个工作岗位表明,工资增长的压力并没有消失。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947810362,"gmtCreate":1682859464557,"gmtModify":1682859468937,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947810362","repostId":"2331122664","repostType":2,"repost":{"id":"2331122664","kind":"highlight","pubTimestamp":1682828286,"share":"https://ttm.financial/m/news/2331122664?lang=en_US&edition=fundamental","pubTime":"2023-04-30 12:18","market":"us","language":"zh","title":"How long can US technology stocks be bullish? Just look at the financial reports of Apple and AMD next week","url":"https://stock-news.laohu8.com/highlight/detail?id=2331122664","media":"华尔街见闻","summary":"后续财报可能“喜忧参半”,AI热潮带动芯片需求增加,AMD、高通财报指引可能好于预期,而苹果可能会公布其产品部门三年来首次全面萎缩。经济衰退阴云笼罩下,微软、Meta等科技巨头扛住了压力,一季度业绩超","content":"<p><html><head></head><body><strong>Subsequent financial reports may be \"mixed\", the AI boom has driven an increase in chip demand, AMD and Qualcomm's financial guidance may be better than expected, and Apple may announce that its product department has shrunk across the board for the first time in three years.</strong>Under the cloud of economic recession,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, Meta and other technology giants withstood the pressure, and their first-quarter results exceeded expectations.</p><p>Specifically, Meta's \"salted fish turned over\", and its revenue in the first quarter unexpectedly reversed three consecutive quarters of declines; Microsoft's performance last quarter exceeded expectations, and cloud business revenue maintained double-digit growth;<a href=\"https://laohu8.com/S/GOOG\">Google</a>In the first quarter, search returned to growth, and the cloud business turned losses into profits.</p><p>In addition, despite record losses in chip stocks, earnings guidance is positive. SK Hynix pointed out that improved demand combined with production cuts may boost the market, and the chip market will rebound in the second quarter. However, on the other hand,<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Warnings about sluggish growth in its cloud computing business, as well as Cloudflare's move to cut its full-year revenue forecast, underscore the uncertainty of the overall economy.</p><p><strong>The unexpected earnings report eased market concerns about slowing demand for technology products, driving U.S. stocks to rebound.</strong>The S&P 500 index posted its biggest one-day gain since the first week of the year on Thursday, and the technology-heavy Nasdaq 100 index closed up 2.76%, its biggest gain since January 20.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/822b80c8c4e84fc0602fb949d5d61757\" tg-width=\"1024\" tg-height=\"614\"/></p><p><strong>And next week,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>、<a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a>And AMD will disclose the demand for more technology products, and its financial performance will become the key to whether technology stocks can continue to rebound. The following is the earnings preview:</strong></p><p>Tuesday: AMD will release its earnings report after the U.S. stock market closes. The artificial intelligence boom is expected to drive the demand for chips in data centers, and the resulting increase in demand may offset the continued weakness in PC-side chip sales. With its customer and gaming segments still sluggish, data centers will be key for AMD to earn revenue.</p><p>Wednesday: Qualcomm will announce results after the U.S. stock market closes. Investors will take a closer look at Qualcomm's quarterly guidance for signs of recovery and inventory replenishment by OEMs amid continued weakness in smartphone demand. Last month, chip giants Micron Technology and Infineon Technologies provided better-than-expected guidance, raising hopes for a rebound.</p><p>Thursday: Apple will announce results after the U.S. stock market closes. Apple is likely to report its product division's first across the board contraction in three years, with iPad and iPhone sales down a year from the previous year, Mac sales slowdown likely to be more pronounced, and weak consumer consumption of high-end devices still weighing on overall growth. The impact of iPhone supply chain issues and foreign exchange headwinds may show up in the earnings report, and Barclays believes this downturn will continue into this quarter, especially as demand for iPhone 14 Pro models slows.</p><p></body></html></p>","source":"wallstreetcn_api","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>How long can US technology stocks be bullish? Just look at the financial reports of Apple and AMD next week</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\">\nHow long can US technology stocks be bullish? Just look at the financial reports of Apple and AMD next week\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-04-30 12:18</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><strong>Subsequent financial reports may be \"mixed\", the AI boom has driven an increase in chip demand, AMD and Qualcomm's financial guidance may be better than expected, and Apple may announce that its product department has shrunk across the board for the first time in three years.</strong>Under the cloud of economic recession,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, Meta and other technology giants withstood the pressure, and their first-quarter results exceeded expectations.</p><p>Specifically, Meta's \"salted fish turned over\", and its revenue in the first quarter unexpectedly reversed three consecutive quarters of declines; Microsoft's performance last quarter exceeded expectations, and cloud business revenue maintained double-digit growth;<a href=\"https://laohu8.com/S/GOOG\">Google</a>In the first quarter, search returned to growth, and the cloud business turned losses into profits.</p><p>In addition, despite record losses in chip stocks, earnings guidance is positive. SK Hynix pointed out that improved demand combined with production cuts may boost the market, and the chip market will rebound in the second quarter. However, on the other hand,<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Warnings about sluggish growth in its cloud computing business, as well as Cloudflare's move to cut its full-year revenue forecast, underscore the uncertainty of the overall economy.</p><p><strong>The unexpected earnings report eased market concerns about slowing demand for technology products, driving U.S. stocks to rebound.</strong>The S&P 500 index posted its biggest one-day gain since the first week of the year on Thursday, and the technology-heavy Nasdaq 100 index closed up 2.76%, its biggest gain since January 20.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/822b80c8c4e84fc0602fb949d5d61757\" tg-width=\"1024\" tg-height=\"614\"/></p><p><strong>And next week,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>、<a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a>And AMD will disclose the demand for more technology products, and its financial performance will become the key to whether technology stocks can continue to rebound. The following is the earnings preview:</strong></p><p>Tuesday: AMD will release its earnings report after the U.S. stock market closes. The artificial intelligence boom is expected to drive the demand for chips in data centers, and the resulting increase in demand may offset the continued weakness in PC-side chip sales. With its customer and gaming segments still sluggish, data centers will be key for AMD to earn revenue.</p><p>Wednesday: Qualcomm will announce results after the U.S. stock market closes. Investors will take a closer look at Qualcomm's quarterly guidance for signs of recovery and inventory replenishment by OEMs amid continued weakness in smartphone demand. Last month, chip giants Micron Technology and Infineon Technologies provided better-than-expected guidance, raising hopes for a rebound.</p><p>Thursday: Apple will announce results after the U.S. stock market closes. Apple is likely to report its product division's first across the board contraction in three years, with iPad and iPhone sales down a year from the previous year, Mac sales slowdown likely to be more pronounced, and weak consumer consumption of high-end devices still weighing on overall growth. The impact of iPhone supply chain issues and foreign exchange headwinds may show up in the earnings report, and Barclays believes this downturn will continue into this quarter, especially as demand for iPhone 14 Pro models slows.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3687780\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/353f693b3cf73305d444a14080157632","relate_stocks":{"GFS":"GLOBALFOUNDRIES Inc.","AAPL":"苹果","AMD":"美国超微公司"},"source_url":"https://wallstreetcn.com/articles/3687780","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2331122664","content_text":"后续财报可能“喜忧参半”,AI热潮带动芯片需求增加,AMD、高通财报指引可能好于预期,而苹果可能会公布其产品部门三年来首次全面萎缩。经济衰退阴云笼罩下,微软、Meta等科技巨头扛住了压力,一季度业绩超出预期。具体来看,Meta“咸鱼翻身”,一季度收入意外扭转三季连降;微软上季度业绩超预期,云业务营收维持两位数增长;谷歌一季度搜索重回增长,云业务扭亏为盈。此外,尽管芯片股业绩亏损创下纪录,但财报指引向好。SK海力士指出,需求改善叠加减产或将提振市场,芯片市场将在二季度出现反弹。不过,另一方面,亚马逊对其云计算业务增长乏力的警告,以及Cloudflare下调全年营收预期的举措,突显出整体经济的不确定性。超预期的财报缓解了市场对科技产品需求放缓的担忧,带动美股反弹。标普500指数在周四创下今年第一周以来的最大单日涨幅,以科技股为主的纳斯达克100指数收涨2.76%,创1月20日以来最大涨幅。下周,苹果、高通和AMD将披露更多科技产品的需求情况,其财报表现成为科技股能否继续反弹的关键。以下是财报前瞻:周二:AMD将在美股盘后发布财报。人工智能热潮预计将带动数据中心对芯片的需求,带来的需求增加可能会抵消PC端芯片销售的持续疲软。由于其客户和游戏部门仍然低迷,数据中心将是AMD获得收入的关键。周三:高通将在美股盘后公布业绩。在智能手机需求持续疲软的情况下,投资者将仔细研究高通的季度指引,以寻找复苏的迹象和OEM厂商的库存补充。上个月,芯片巨头美光科技和英飞凌科技提供了好于预期的指引,提升了反弹的希望。周四:苹果将在美股盘后公布业绩。苹果可能会报告其产品部门三年来首次全面萎缩,iPad和iPhone的销售一年较前下滑,Mac的销售放缓可能更加明显,消费者对高端设备的消费疲软仍然拖累整体增长。iPhone供应链问题和外汇阻力的影响可能会在财报中显示出来,巴克莱认为,这种不景气会延续到本季度,尤其是对iPhone 14 Pro机型的需求放缓。","news_type":1,"symbols_score_info":{"GFS":1,"AAPL":1,"AMD":1}},"isVote":1,"tweetType":1,"viewCount":2284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947804695,"gmtCreate":1682781048417,"gmtModify":1682781052836,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947804695","repostId":"1193243086","repostType":2,"repost":{"id":"1193243086","kind":"news","pubTimestamp":1682757120,"share":"https://ttm.financial/m/news/1193243086?lang=en_US&edition=fundamental","pubTime":"2023-04-29 16:32","market":"us","language":"zh","title":"Who did the First Republic \"win the flower\"? Report: FDIC asks bidders including JPMorgan to submit final offers by Sunday","url":"https://stock-news.laohu8.com/highlight/detail?id=1193243086","media":"华尔街见闻","summary":"作为吸收存款超过10%的大型银行,摩根大通的收购在监管方面存在障碍,但为了拯救第一共和银行,也存在破例的可能性。岌岌可危的第一共和银行迎来了意向方:摩根大通、PNC都有可能成为最终收购者。据彭博今日报","content":"<p><html><head></head><body><strong>As a large bank that takes more than 10% of deposits, JPMorgan's acquisition has regulatory hurdles, but there is also the possibility of making an exception to save First Republic.</strong><p style=\"text-align: justify;\">First Republic Bank, which is in jeopardy, has ushered in interested parties: JPMorgan Chase and PNC may all become the final acquirers.</p><p><p style=\"text-align: justify;\">The Federal Deposit Insurance Corp. (FDIC) is requiring banks including JPMorgan Chase and PNC Financial Services Group, Bloomberg reported today<strong>Submit a final offer for First Republic Bank by Sunday.</strong></p><p><p style=\"text-align: justify;\">The regulator solicited interest from the banks on Thursday, including learning about their proposed offers and the estimated cost of First Republic Bank's deposit insurance money, and invited the two companies to participate in the next bidding process on Friday.</p><p><p style=\"text-align: justify;\">Bloomberg said the bidding process launched by regulators could pave the way for First Republic's sale without going through a lengthy auction process like when Silicon Valley Bank and Signature Bank collapsed.</p><p><p style=\"text-align: justify;\">In addition, the cliff-like decline in First Republic Bank stock (down 97% this year) has dropped the market value to only $650 million.<strong>This may also provide a degree of viability for the acquisition.</strong></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c0b589ac7783879dc11eba6207dc3e3\" tg-width=\"560\" tg-height=\"240\"/></p><p><p style=\"text-align: justify;\">Wall Street News reported earlier today that U.S. officials, including the FDIC, the U.S. Treasury Department and the Federal Reserve, are coordinating meetings with other banks to facilitate a rescue plan for First Republic Bank.</p><p><p style=\"text-align: justify;\">Earlier, the advisers of First Republic Bank sought to get several banks that participated in the rescue operation a month ago to buy their assets at a price above market price.</p><p><p style=\"text-align: justify;\">Although buyers buy and lose, these potential buyers' $30 billion in deposits with First Republic Bank are uninsured. If they think First Republic Bank is about to go bankrupt, they could risk losing that money altogether.</p><p><p style=\"text-align: justify;\">Furthermore, even if the federal government uses emergency powers to guarantee these deposits, large banks will need to replenish the FDIC with huge sums of money. As part of the deal, several banks that bailed out can get some form of equity.</p><p><p style=\"text-align: justify;\"><strong>The above scenario will result in short-term losses for the rescued banks, but it may be less costly in the long run than letting First Republic fail and be taken over by regulators.</strong></p><p><h2>Regulatory hurdles</h2><p style=\"text-align: justify;\">However, although First Republic Bank's market value is running low, regulatory requirements may also add obstacles to the acquisition.</p><p><p style=\"text-align: justify;\">Since JPMorgan Chase is one of the few large banks in the United States that attracts more than 10% of deposits,<strong>According to US regulations, the bank is not eligible to acquire another institution that also takes deposits, which will make its scale grow again.</strong></p><p><p style=\"text-align: justify;\">Still, there is the possibility of an exception to save First Republic Bank.</p><p><p style=\"text-align: justify;\">Compared with the billions of costs that the FDIC has to pay to take over a bank again, the FDIC prefers to limit the solution to the private sector. The agency had previously planned a special assessment of the banking industry to pay for the bankruptcies of Silicon Valley Bank and Signature Bank last month.</p><p><p style=\"text-align: justify;\">Earlier, the media quoted sources as saying that the most likely outcome of First Republic Bank is to be taken over by the FDIC. If First Republic Bank is taken over by regulators, the FDIC will still ask other banks to make possible takeover bids. However, sources said at the time that there was still hope of finding a solution that would prevent First Republic from being taken over by the FDIC.</p><p></body></html></p>","source":"wallstreetcn","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>Who did the First Republic \"win the flower\"? Report: FDIC asks bidders including JPMorgan to submit final offers by Sunday</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\">\nWho did the First Republic \"win the flower\"? Report: FDIC asks bidders including JPMorgan to submit final offers by Sunday\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-04-29 16:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><strong>As a large bank that takes more than 10% of deposits, JPMorgan's acquisition has regulatory hurdles, but there is also the possibility of making an exception to save First Republic.</strong><p style=\"text-align: justify;\">First Republic Bank, which is in jeopardy, has ushered in interested parties: JPMorgan Chase and PNC may all become the final acquirers.</p><p><p style=\"text-align: justify;\">The Federal Deposit Insurance Corp. (FDIC) is requiring banks including JPMorgan Chase and PNC Financial Services Group, Bloomberg reported today<strong>Submit a final offer for First Republic Bank by Sunday.</strong></p><p><p style=\"text-align: justify;\">The regulator solicited interest from the banks on Thursday, including learning about their proposed offers and the estimated cost of First Republic Bank's deposit insurance money, and invited the two companies to participate in the next bidding process on Friday.</p><p><p style=\"text-align: justify;\">Bloomberg said the bidding process launched by regulators could pave the way for First Republic's sale without going through a lengthy auction process like when Silicon Valley Bank and Signature Bank collapsed.</p><p><p style=\"text-align: justify;\">In addition, the cliff-like decline in First Republic Bank stock (down 97% this year) has dropped the market value to only $650 million.<strong>This may also provide a degree of viability for the acquisition.</strong></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c0b589ac7783879dc11eba6207dc3e3\" tg-width=\"560\" tg-height=\"240\"/></p><p><p style=\"text-align: justify;\">Wall Street News reported earlier today that U.S. officials, including the FDIC, the U.S. Treasury Department and the Federal Reserve, are coordinating meetings with other banks to facilitate a rescue plan for First Republic Bank.</p><p><p style=\"text-align: justify;\">Earlier, the advisers of First Republic Bank sought to get several banks that participated in the rescue operation a month ago to buy their assets at a price above market price.</p><p><p style=\"text-align: justify;\">Although buyers buy and lose, these potential buyers' $30 billion in deposits with First Republic Bank are uninsured. If they think First Republic Bank is about to go bankrupt, they could risk losing that money altogether.</p><p><p style=\"text-align: justify;\">Furthermore, even if the federal government uses emergency powers to guarantee these deposits, large banks will need to replenish the FDIC with huge sums of money. As part of the deal, several banks that bailed out can get some form of equity.</p><p><p style=\"text-align: justify;\"><strong>The above scenario will result in short-term losses for the rescued banks, but it may be less costly in the long run than letting First Republic fail and be taken over by regulators.</strong></p><p><h2>Regulatory hurdles</h2><p style=\"text-align: justify;\">However, although First Republic Bank's market value is running low, regulatory requirements may also add obstacles to the acquisition.</p><p><p style=\"text-align: justify;\">Since JPMorgan Chase is one of the few large banks in the United States that attracts more than 10% of deposits,<strong>According to US regulations, the bank is not eligible to acquire another institution that also takes deposits, which will make its scale grow again.</strong></p><p><p style=\"text-align: justify;\">Still, there is the possibility of an exception to save First Republic Bank.</p><p><p style=\"text-align: justify;\">Compared with the billions of costs that the FDIC has to pay to take over a bank again, the FDIC prefers to limit the solution to the private sector. The agency had previously planned a special assessment of the banking industry to pay for the bankruptcies of Silicon Valley Bank and Signature Bank last month.</p><p><p style=\"text-align: justify;\">Earlier, the media quoted sources as saying that the most likely outcome of First Republic Bank is to be taken over by the FDIC. If First Republic Bank is taken over by regulators, the FDIC will still ask other banks to make possible takeover bids. However, sources said at the time that there was still hope of finding a solution that would prevent First Republic from being taken over by the FDIC.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3687776\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ffc56982f828847b68443cfbde6a957b","relate_stocks":{"FRCB":"第一共和银行"},"source_url":"https://wallstreetcn.com/articles/3687776","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193243086","content_text":"作为吸收存款超过10%的大型银行,摩根大通的收购在监管方面存在障碍,但为了拯救第一共和银行,也存在破例的可能性。岌岌可危的第一共和银行迎来了意向方:摩根大通、PNC都有可能成为最终收购者。据彭博今日报道,美国联邦存款保险公司(FDIC)要求包括摩根大通和PNC金融服务集团在内的银行在周日之前提交对第一共和银行的最终报价。监管机构于周四向各家银行征求了意向,包括了解这些银行建议的报价以及对第一共和银行存款保险金的预估成本,并于周五邀请了两家公司参加了下一步的竞标过程。彭博表示,监管机构启动的竞标程序可能为第一共和银行的出售铺平道路,而不会像硅谷银行和签字银行倒闭时经历漫长的拍卖流程。此外,第一共和银行股票的断崖式下跌(今年以来下跌97%)已经使市值跌至仅有6.5亿美元,这可能也为收购提供了一定程度上的可行性。华尔街见闻今日早些时候曾介绍,包括FDIC、美国财政部和美联储在内的美国官员们正在协调与其他银行的会议,以促成对第一共和银行的救助计划。此前,第一共和银行的顾问们寻求让数家参与了一个月前救助行动的银行以高于市价的价格购买其资产。尽管买家买入即亏,但这些潜在买家在第一共和银行的300亿美元存款没有保险。如果他们认为第一共和银行即将破产,他们可能会面临彻底失去这笔钱的风险。此外,即使联邦政府动用紧急权力为这些存款提供担保,大型银行也需要向FDIC补充巨额资金。作为交易的一部分,多家出手救助的银行可以获得某种形式的股权。上述方案将导致出手相救的银行短期内蒙受损失,但从长远来看,可能比让第一共和银行倒闭并被监管机构接管的成本更低。监管障碍然而,尽管第一共和银行的市值已经所剩无几,但监管规定也可能为收购行动增加阻碍。由于摩根大通是全美少数几家吸收存款超过10%的大型银行,根据美国监管规定,该行没有资格再收购一家同样吸收存款的机构,这将令其规模再一次壮大。尽管如此,为了拯救第一共和银行,也存在破例的可能性。相比FDIC再次接管一家银行所必须付出的数十亿成本,FDIC更希望将解决方案限制在私营部门。此前该机构已经计划对银行业进行特别评估,以支付硅谷银行和签名银行上个月破产的费用。此前媒体援引消息人士称,第一共和银行最有可能的结果就是被FDIC接管。如果第一共和银行被监管机构接管,FDIC仍将问询其他银行,让他们进行可能的收购投标。不过消息人士当时称,也仍有希望找到一个第一共和不被FDIC接管的解决方案。","news_type":1,"symbols_score_info":{"FRCB":0.9,"FRC":0.9}},"isVote":1,"tweetType":1,"viewCount":2529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947151401,"gmtCreate":1682696602004,"gmtModify":1682696606531,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947151401","repostId":"1149416254","repostType":2,"repost":{"id":"1149416254","kind":"news","pubTimestamp":1682695765,"share":"https://ttm.financial/m/news/1149416254?lang=en_US&edition=fundamental","pubTime":"2023-04-28 23:29","market":"us","language":"zh","title":"Fed blames management problems and poor regulation for Silicon Valley Bank failure","url":"https://stock-news.laohu8.com/highlight/detail?id=1149416254","media":"华尔街见闻","summary":"硅谷银行的管理层和总监们未能管理好自家公司的众多风险。","content":"<p><html><head></head><body>Michael Barr, the Federal Reserve's Vice Chairman for Financial Supervision: Blaming the collapse of Silicon Valley Bank (SVB) on corporate management and inappropriate supervision, will consider improving liquidity and capital requirements.</p><p><p style=\"text-align: start;\">Silicon Valley Bank's management and directors have failed to manage the many risks of their own companies.</p><p><p style=\"text-align: start;\">Silicon Valley Bank has had as many as 31 warnings, which is three times the industry average.</p><p><p style=\"text-align: start;\">Regulators haven't done enough to ensure that Silicon Valley Bank can handle many problems.</p><p><p style=\"text-align: start;\">The Board of Governors of the Federal Reserve has advocated a less decisive approach to regulation.</p><p><p style=\"text-align: start;\">The Fed's pandering stance and shift in stance hinders regulation (for institutions such as Silicon Valley Bank).</p><p><p style=\"text-align: start;\">Call for \"stronger standards\" for a wider range of banking institutions.</p><p><p style=\"text-align: start;\">Limiting bank buybacks and dividend payments may be \"appropriate\".</p><p><p style=\"text-align: start;\">Consideration should be given to introducing stricter standards for incentives.</p><p><p style=\"text-align: start;\">More banking institutions should assess profits and losses and assets for sale.</p><p><p style=\"text-align: start;\">Re-evaluate the system for those banks with assets exceeding $100 billion.</p><p><p style=\"text-align: start;\">Federal Reserve Chairman Jerome Powell supported several of Barr's proposals for institutions and regulation.</p><p></body></html></p>","source":"live_wallstreetcn","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>Fed blames management problems and poor regulation for Silicon Valley Bank failure</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\">\nFed blames management problems and poor regulation for Silicon Valley Bank failure\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-04-28 23:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Michael Barr, the Federal Reserve's Vice Chairman for Financial Supervision: Blaming the collapse of Silicon Valley Bank (SVB) on corporate management and inappropriate supervision, will consider improving liquidity and capital requirements.</p><p><p style=\"text-align: start;\">Silicon Valley Bank's management and directors have failed to manage the many risks of their own companies.</p><p><p style=\"text-align: start;\">Silicon Valley Bank has had as many as 31 warnings, which is three times the industry average.</p><p><p style=\"text-align: start;\">Regulators haven't done enough to ensure that Silicon Valley Bank can handle many problems.</p><p><p style=\"text-align: start;\">The Board of Governors of the Federal Reserve has advocated a less decisive approach to regulation.</p><p><p style=\"text-align: start;\">The Fed's pandering stance and shift in stance hinders regulation (for institutions such as Silicon Valley Bank).</p><p><p style=\"text-align: start;\">Call for \"stronger standards\" for a wider range of banking institutions.</p><p><p style=\"text-align: start;\">Limiting bank buybacks and dividend payments may be \"appropriate\".</p><p><p style=\"text-align: start;\">Consideration should be given to introducing stricter standards for incentives.</p><p><p style=\"text-align: start;\">More banking institutions should assess profits and losses and assets for sale.</p><p><p style=\"text-align: start;\">Re-evaluate the system for those banks with assets exceeding $100 billion.</p><p><p style=\"text-align: start;\">Federal Reserve Chairman Jerome Powell supported several of Barr's proposals for institutions and regulation.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/livenews/2455612\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c9cd29490297b10c3f50798a61050f13","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://wallstreetcn.com/livenews/2455612","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1149416254","content_text":"美联储负责金融监管事务的副主席Michael Barr:将硅谷银行(SVB)倒闭归咎于公司管理和不适当的监管,将考虑改善流动性和资本要求。硅谷银行的管理层和总监们未能管理好自家公司的众多风险。硅谷银行曾出现多达31项警告,那是行业均值的三倍。在确保硅谷银行能够处置众多问题方面,监管人员们没能付出足够的努力。美联储理事会曾提倡实施不那么果断的监管方式。美联储的迎合姿态和立场转变妨碍到(针对硅谷银行等机构的)监管。呼吁针对更大范围的银行机构实施“更加强有力的标准”。限制银行回购和派息可能会是“适当之举”。应当考虑针对(银行业的)激励机制出台更加严苛的标准。更多的银行机构应当评估盈亏和待售资产。针对那些资产规模超过1000亿美元的银行重新评估制度。美联储主席鲍威尔支持Barr针对制度和监管的若干建议。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947321172,"gmtCreate":1682591892496,"gmtModify":1682591897527,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947321172","repostId":"1119236915","repostType":2,"isVote":1,"tweetType":1,"viewCount":774,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947999532,"gmtCreate":1682424465726,"gmtModify":1682424470291,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947999532","repostId":"1181662804","repostType":2,"isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944763700,"gmtCreate":1682162116001,"gmtModify":1682162120528,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944763700","repostId":"1144371077","repostType":2,"repost":{"id":"1144371077","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":1682132507,"share":"https://ttm.financial/m/news/1144371077?lang=en_US&edition=fundamental","pubTime":"2023-04-22 11:01","market":"sh","language":"zh","title":"Earnings Preview | Is there still room for disappointment in Google's performance? But AI guidance will be key","url":"https://stock-news.laohu8.com/highlight/detail?id=1144371077","media":"老虎资讯综合","summary":"美国银行分析师预测谷歌搜索和云服务将获得在线收入,但 YouTube 将面临压力。该公司面临的主要挑战是 AI 整合到搜索中。互联网搜索引擎巨头谷歌母公司Alphabet Inc(纳斯达克股票代码:G","content":"<p><html><head></head><body><strong>Bank of America analysts predict online revenue from Google search and cloud services, but YouTube will come under pressure. The main challenge facing the company is the integration of AI into search.</strong>Internet search engine giant<a href=\"https://laohu8.com/S/GOOG\">Google</a>Parent company Alphabet Inc (NASDAQ: GOOG) will release its first-quarter financial results after the U.S. stock market closes on Tuesday, April 25.</p><p><strong>Five things to know ahead of Alphabet's Q1 earnings report:</strong></p><p><ul><li>The consensus among Wall Street analysts is EPS of $1.08 on revenue of $68.87 billion for the quarter.</p><p></li><li>Revenue is expected to decline 9% from Q4 2022 and 17% from Q1 2022.</p><p></li><li>Estimates for sales indicate a 10% decline compared to the fourth quarter of 2022 and a flat performance compared to the first quarter of 2022.</p><p></li><li>Over the last four quarters, the company has missed earnings and revenue estimates. In the fourth quarter of 2022, Alphabet's earnings estimate was 11% below.</p><p></li><li>Alphabet shares fell 2.75% after poor results in the fourth quarter of 2022 and 9.1% after poor results in the third quarter of 2022.</p><p></li></ul><strong><a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Opinions on Alphabet's earnings</strong></p><p>Bank of America analysts predict online revenue from Google search and cloud services, but YouTube will come under pressure.</p><p>Overall, Bank of America expects earnings of $1.07 per share, slightly below Wall Street's forecast of $1.08. Experts believe the first quarter could show an improvement in Alphabet's costs.</p><p>The main challenge facing the company is the integration of AI into search, both in terms of timing and impact, so the outcome discussion of future plans and prospects may constitute the most important stock driver. According to Bank of America, Alphabet will become a more defensive self-service stock in the internet group in 2023, with higher relative earnings stability due to spending flexibility, high margins, and the possibility of backing the stock through buybacks.</p><p><strong>Alphabet's Stock Performance and Valuation</strong></p><p>At $105 a share, Alphabet is up more than 19% year-to-date at the time of writing, outperforming the S&P 500's 7.7% gain.</p><p>Shares are nearly 30% below their all-time high of $151 set in February 2022.</p><p>In the first quarter of 2023, shares rose 17.5%, marking their strongest quarterly performance since the second quarter of 2021.</p><p>According to professional data from Benzinga, the stock has a forward P/E of 19.45.</p><p></body></html></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>Earnings Preview | Is there still room for disappointment in Google's performance? But AI guidance will be key</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\">\nEarnings Preview | Is there still room for disappointment in Google's performance? But AI guidance will be key\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\">2023-04-22 11:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><strong>Bank of America analysts predict online revenue from Google search and cloud services, but YouTube will come under pressure. The main challenge facing the company is the integration of AI into search.</strong>Internet search engine giant<a href=\"https://laohu8.com/S/GOOG\">Google</a>Parent company Alphabet Inc (NASDAQ: GOOG) will release its first-quarter financial results after the U.S. stock market closes on Tuesday, April 25.</p><p><strong>Five things to know ahead of Alphabet's Q1 earnings report:</strong></p><p><ul><li>The consensus among Wall Street analysts is EPS of $1.08 on revenue of $68.87 billion for the quarter.</p><p></li><li>Revenue is expected to decline 9% from Q4 2022 and 17% from Q1 2022.</p><p></li><li>Estimates for sales indicate a 10% decline compared to the fourth quarter of 2022 and a flat performance compared to the first quarter of 2022.</p><p></li><li>Over the last four quarters, the company has missed earnings and revenue estimates. In the fourth quarter of 2022, Alphabet's earnings estimate was 11% below.</p><p></li><li>Alphabet shares fell 2.75% after poor results in the fourth quarter of 2022 and 9.1% after poor results in the third quarter of 2022.</p><p></li></ul><strong><a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Opinions on Alphabet's earnings</strong></p><p>Bank of America analysts predict online revenue from Google search and cloud services, but YouTube will come under pressure.</p><p>Overall, Bank of America expects earnings of $1.07 per share, slightly below Wall Street's forecast of $1.08. Experts believe the first quarter could show an improvement in Alphabet's costs.</p><p>The main challenge facing the company is the integration of AI into search, both in terms of timing and impact, so the outcome discussion of future plans and prospects may constitute the most important stock driver. According to Bank of America, Alphabet will become a more defensive self-service stock in the internet group in 2023, with higher relative earnings stability due to spending flexibility, high margins, and the possibility of backing the stock through buybacks.</p><p><strong>Alphabet's Stock Performance and Valuation</strong></p><p>At $105 a share, Alphabet is up more than 19% year-to-date at the time of writing, outperforming the S&P 500's 7.7% gain.</p><p>Shares are nearly 30% below their all-time high of $151 set in February 2022.</p><p>In the first quarter of 2023, shares rose 17.5%, marking their strongest quarterly performance since the second quarter of 2021.</p><p>According to professional data from Benzinga, the stock has a forward P/E of 19.45.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6d25e1a14780c2d1e6ec5ecf96395d05","relate_stocks":{"IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","BK4525":"远程办公概念","GOOG":"谷歌","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4527":"明星科技股","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","GOOGL":"谷歌A","LU0079474960.USD":"联博美国增长基金A","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4588":"碎股","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4507":"流媒体概念"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144371077","content_text":"美国银行分析师预测谷歌搜索和云服务将获得在线收入,但 YouTube 将面临压力。该公司面临的主要挑战是 AI 整合到搜索中。互联网搜索引擎巨头谷歌母公司Alphabet Inc(纳斯达克股票代码:GOOG)将于 4 月 25 日(周二)美股盘后发布其第一季度财报业绩。在 Alphabet 第一季度财报发布前,需要了解的五件事:华尔街分析师一致预计本季度每股收益为 1.08 美元,收入为 688.7 亿美元。预计收入将比 2022 年第四季度下降 9%,比 2022 年第一季度下降 17%。对销售额的估计表明,与 2022 年第四季度相比下降 10%,与 2022 年第一季度相比表现持平。在过去的四个季度中,该公司的收益和收入均未达到预期。在 2022 年第四季度,Alphabet 的盈利预测低于 11%。Alphabet 股价在 2022 年第四季度业绩不佳后下跌 2.75%,在 2022 年第三季度业绩不佳后下跌 9.1%。美国银行对 Alphabet 财报的看法美国银行分析师预测谷歌搜索和云服务将获得在线收入,但 YouTube 将面临压力。总体而言,美国银行预计每股收益为 1.07 美元,略低于华尔街预测的 1.08 美元。专家认为,第一季度可能会显示出 Alphabet 的成本有所改善。该公司面临的主要挑战是 AI 整合到搜索中,无论在时间还是在影响方面,因此对未来计划和前景的结果讨论可能构成最重要的股票驱动因素。据美国银行称,到 2023 年,Alphabet 将成为互联网集团中更具防御性的自助股票,由于支出灵活性、高利润率以及通过回购支持股票的可能性,其相对盈利稳定性更高。Alphabet 的股票表现和估值Alphabet 的股价为每股 105 美元,截至撰写本文时,今年迄今上涨逾19%,表现优于标准普尔 500 指数 7.7% 的涨幅。股价比 2022 年 2 月创下的历史高点 151 美元低了近 30%。2023 年第一季度,股价上涨 17.5%,创下 2021 年第二季度以来最强劲的季度表现。根据Benzinga 的专业数据,该股票的远期市盈率为 19.45 。","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944412579,"gmtCreate":1682004984792,"gmtModify":1682004990234,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944412579","repostId":"2328194710","repostType":2,"repost":{"id":"2328194710","kind":"highlight","pubTimestamp":1682004537,"share":"https://ttm.financial/m/news/2328194710?lang=en_US&edition=fundamental","pubTime":"2023-04-20 23:28","market":"us","language":"zh","title":"A surge of $11.4 billion in a single quarter! Under the pressure of economic recession, U.S. junk bond growth returns to high point","url":"https://stock-news.laohu8.com/highlight/detail?id=2328194710","media":"华尔街见闻","summary":"随着经济衰退缓慢逼近,企业债券正以2020年以来最快的速度被降为垃圾债。4月19日周三,巴克莱策略师 Dominique Toublan 等的最新研究显示,今年第一季度,共有114亿美元的债券被降级为","content":"<p><html><head></head><body>As a recession slowly approaches, corporate bonds are being reduced to junk bonds at the fastest pace since 2020.</p><p>On Wednesday, April 19, the latest research from Barclays strategist Dominique Toublan and others showed that,<strong>A total of $11.4 billion of bonds were downgraded to junk bonds in the first quarter of this year, which accounts for about 60% of bonds downgraded to junk in the whole of 2022.</strong>。 The bank estimates that bond trading volumes throughout the year are on track to reach their highest levels since 2020, when the outbreak triggered a massive wave of bond downgrades.</p><p>This reflects the pressure many businesses are facing as the Federal Reserve embarks on its most aggressive rate hike cycle in decades. As the number of investors eligible to buy their bonds decreases, those whose ratings are downgraded to junk status will face additional financing expenses.</p><p>Barclays predicts that,<strong>As slowing economic growth puts additional pressure on borrowers, the pace of junk-rated bonds is set to accelerate in the second half of the year.</strong>It is expected that $60 billion to $80 billion in bonds will be downgraded to junk status this year, and these bonds are called \"fallen angels\".</p><p>Toublan said in an interview:</p><p>The downgrade from investment grade to junk, indicating a deterioration in the company's credit profile. The question is, is this just a company problem, or is it a more general phenomenon? But Barclays added,<strong>While more companies are being downgraded to junk status, more bonds are likely to be upgraded to investment grade</strong>。 The bank expects $60 billion to $70 billion to come from these \"rising stars\" this year, which will be the second-highest annual total on record. It is not until the second half of this year that the pace of rating upgrades may slow down.</p><p>Nissan contributed a considerable share of the bonds whose ratings were downgraded.<a href=\"https://laohu8.com/S/SPGI\">S&P Global</a>The rating company downgraded it to speculative grade in March this year. Companies whose ratings were downgraded also include<a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a>And Axos Financial, Inc.</p><p>While trading volumes on these downgraded bonds are rising, the downgrades still appear to be relatively modest. Barclays said the bank's forecast of $60 billion to $80 billion rating downgrades accounted for about 2.2% of BBB-rated corporate bonds, compared with the average since 2000 of nearly 6.6%.</p><p>According to the analysis,<strong>The previous banking crisis is likely to drastically reduce bank lending activity. The total amount of loans on banks'books has fallen by about $95 billion since mid-March, according to the Federal Reserve. Credit conditions have generally tightened, which tends to drive more downgrades.</strong></p><p>Falling profits could erode profits for corporate borrowers and potentially hurt those of issuers that are more sensitive to economic changes, Fitch Ratings wrote in a note Monday. The agency predicts that the United States will begin to enter a recession by the end of the third quarter of this year.</p><p>Fitch said:</p><p>Monetary tightening and slower economic growth will have a negative impact on demand, while easing inflation will reduce pricing power, leading to slower revenue growth for some U.S. companies and somewhat less ability to protect margins without cost cutting.</body></html></p>","source":"wallstreetcn_api","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>A surge of $11.4 billion in a single quarter! Under the pressure of economic recession, U.S. junk bond growth returns to high point</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\">\nA surge of $11.4 billion in a single quarter! Under the pressure of economic recession, U.S. junk bond growth returns to high point\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-04-20 23:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>As a recession slowly approaches, corporate bonds are being reduced to junk bonds at the fastest pace since 2020.</p><p>On Wednesday, April 19, the latest research from Barclays strategist Dominique Toublan and others showed that,<strong>A total of $11.4 billion of bonds were downgraded to junk bonds in the first quarter of this year, which accounts for about 60% of bonds downgraded to junk in the whole of 2022.</strong>。 The bank estimates that bond trading volumes throughout the year are on track to reach their highest levels since 2020, when the outbreak triggered a massive wave of bond downgrades.</p><p>This reflects the pressure many businesses are facing as the Federal Reserve embarks on its most aggressive rate hike cycle in decades. As the number of investors eligible to buy their bonds decreases, those whose ratings are downgraded to junk status will face additional financing expenses.</p><p>Barclays predicts that,<strong>As slowing economic growth puts additional pressure on borrowers, the pace of junk-rated bonds is set to accelerate in the second half of the year.</strong>It is expected that $60 billion to $80 billion in bonds will be downgraded to junk status this year, and these bonds are called \"fallen angels\".</p><p>Toublan said in an interview:</p><p>The downgrade from investment grade to junk, indicating a deterioration in the company's credit profile. The question is, is this just a company problem, or is it a more general phenomenon? But Barclays added,<strong>While more companies are being downgraded to junk status, more bonds are likely to be upgraded to investment grade</strong>。 The bank expects $60 billion to $70 billion to come from these \"rising stars\" this year, which will be the second-highest annual total on record. It is not until the second half of this year that the pace of rating upgrades may slow down.</p><p>Nissan contributed a considerable share of the bonds whose ratings were downgraded.<a href=\"https://laohu8.com/S/SPGI\">S&P Global</a>The rating company downgraded it to speculative grade in March this year. Companies whose ratings were downgraded also include<a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a>And Axos Financial, Inc.</p><p>While trading volumes on these downgraded bonds are rising, the downgrades still appear to be relatively modest. Barclays said the bank's forecast of $60 billion to $80 billion rating downgrades accounted for about 2.2% of BBB-rated corporate bonds, compared with the average since 2000 of nearly 6.6%.</p><p>According to the analysis,<strong>The previous banking crisis is likely to drastically reduce bank lending activity. The total amount of loans on banks'books has fallen by about $95 billion since mid-March, according to the Federal Reserve. Credit conditions have generally tightened, which tends to drive more downgrades.</strong></p><p>Falling profits could erode profits for corporate borrowers and potentially hurt those of issuers that are more sensitive to economic changes, Fitch Ratings wrote in a note Monday. The agency predicts that the United States will begin to enter a recession by the end of the third quarter of this year.</p><p>Fitch said:</p><p>Monetary tightening and slower economic growth will have a negative impact on demand, while easing inflation will reduce pricing power, leading to slower revenue growth for some U.S. companies and somewhat less ability to protect margins without cost cutting.</body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3687055\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7e77c16b21cd06df0b4a3ec9f76087f1","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3687055","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2328194710","content_text":"随着经济衰退缓慢逼近,企业债券正以2020年以来最快的速度被降为垃圾债。4月19日周三,巴克莱策略师 Dominique Toublan 等的最新研究显示,今年第一季度,共有114亿美元的债券被降级为垃圾债券,这一数字约占2022年全年被降为垃圾级债券的60%。该行估计,今年全年的债券交易量有望达到自2020年以来的最高水平,当时疫情爆发引发了大规模的债券降级浪潮。这反映出,随着美联储开启数十年来最激进的加息周期,许多企业正面临着压力。由于有资格购买其债券的投资者数量减少,那些评级被下调至垃圾级的企业将面临额外的融资支出。巴克莱预计,随着经济增长放缓给借款人带来了额外的压力,垃圾级债券的增加速度将在今年下半年加快。预计今年将有600亿至800亿美元规模的债券将被降至垃圾级,这些债券被称为“堕落天使”。Toublan 在接受采访时表示:从投资级降至垃圾级,表明该公司的信用状况恶化。问题是,这只是一家公司的问题,还是一个更普遍的现象?但巴克莱补充称,尽管越来越多的企业被降至垃圾级,但可能也会有越来越多的债券被调高至投资级。该行预计,今年将有600亿至700亿美元来自这些“新星”,这将是有纪录以来第二高的年度总额。到今年下半年,评级上调的步伐才可能会放缓。在评级被下调的债券中,日产汽车贡献了相当一部分的份额。标普全球评级公司在今年3月将其下调至了投机级。评级被下调的企业还包括第一共和银行和Axos Financial公司。虽然有关这些被降级债券的交易量正在上升,但评级的下调似乎仍然是相对温和的。巴克莱称,该行预测的600亿至800亿美元的评级下调约占BBB级公司债券的2.2%,而2000年以来的平均水平接近6.6%。分析认为,此前的银行业危机可能会大幅削减银行的放贷活动。美联储的数据显示,自3月中旬以来,银行账面上的贷款总额已经减少了约950亿美元。信贷环境普遍趋紧,这往往会推动更多的评级下调。惠誉评级公司周一在一份报告中写道,利润下降可能会侵蚀企业借款人的利润,并可能损害对经济变化更为敏感的发行人的利润。该机构预计美国将在今年第三季度末开始步入经济衰退。惠誉表示:货币紧缩和经济增长放缓将对需求产生负面影响,而通胀缓解将降低定价能力,导致一些美国公司的收入增长放缓,在没有削减成本的情况下保护利润率的能力有所减弱。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944593659,"gmtCreate":1681904960972,"gmtModify":1681904965571,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944593659","repostId":"1140494965","repostType":2,"repost":{"id":"1140494965","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":1681903948,"share":"https://ttm.financial/m/news/1140494965?lang=en_US&edition=fundamental","pubTime":"2023-04-19 19:32","market":"us","language":"zh","title":"Morgan Stanley: Q1 revenue beats expectations, but total deposits fall short of expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1140494965","media":"老虎资讯综合","summary":"4月19日,摩根士丹利盘前发布财报,财报显示:第一季度净营收145.2亿美元,预估140.7亿美元。摩根士丹利第一季度每股收益1.70美元。第一季度股票销售和交易业务营收27.3亿美元,预估28.6亿","content":"<p><html><head></head><body>On April 19, Morgan Stanley released its financial report before the market. The financial report showed that the net revenue in the first quarter was US $14.52 billion, compared with an estimated US $14.07 billion.</p><p>Morgan Stanley earned $1.70 per share in the first quarter.</p><p>In the first quarter, stock sales and trading business revenue was US $2.73 billion, compared with an estimate of US $2.86 billion.</p><p>In the first quarter, the sales and trading revenue of fixed income, foreign exchange and commodities business was US $2.58 billion, compared with an estimated US $2.42 billion.</p><p>Non-interest expense in the first quarter was $10.52 billion, compared with an estimate of $10.12 billion.</p><p>Compensation expenses in the first quarter were $6.41 billion, compared with an estimate of $6.07 billion.</p><p>Non-compensation expenses in the first quarter were $4.11 billion, compared with an estimate of $4.09 billion.</p><p>Assets under management in the first quarter were $1.36 trillion, compared with an estimate of $1.33 trillion.</p><p>Total deposits in the first quarter were $347.52 billion, compared with market forecasts of $352.17 billion.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1b3df79d2ba857cda7f345e7aa39630a\" title=\"\" tg-width=\"1158\" tg-height=\"728\"/></p><p>After the earnings report was released, Morgan Stanley fell more than 2% before the market.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/77cb9299a351c7228a81668c17136ca8\" title=\"\" tg-width=\"801\" tg-height=\"497\"/></p><p></body></html></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>Morgan Stanley: Q1 revenue beats expectations, but total deposits fall short of expectations</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\">\nMorgan Stanley: Q1 revenue beats expectations, but total deposits fall short of expectations\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\">2023-04-19 19:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On April 19, Morgan Stanley released its financial report before the market. The financial report showed that the net revenue in the first quarter was US $14.52 billion, compared with an estimated US $14.07 billion.</p><p>Morgan Stanley earned $1.70 per share in the first quarter.</p><p>In the first quarter, stock sales and trading business revenue was US $2.73 billion, compared with an estimate of US $2.86 billion.</p><p>In the first quarter, the sales and trading revenue of fixed income, foreign exchange and commodities business was US $2.58 billion, compared with an estimated US $2.42 billion.</p><p>Non-interest expense in the first quarter was $10.52 billion, compared with an estimate of $10.12 billion.</p><p>Compensation expenses in the first quarter were $6.41 billion, compared with an estimate of $6.07 billion.</p><p>Non-compensation expenses in the first quarter were $4.11 billion, compared with an estimate of $4.09 billion.</p><p>Assets under management in the first quarter were $1.36 trillion, compared with an estimate of $1.33 trillion.</p><p>Total deposits in the first quarter were $347.52 billion, compared with market forecasts of $352.17 billion.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1b3df79d2ba857cda7f345e7aa39630a\" title=\"\" tg-width=\"1158\" tg-height=\"728\"/></p><p>After the earnings report was released, Morgan Stanley fell more than 2% before the market.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/77cb9299a351c7228a81668c17136ca8\" title=\"\" tg-width=\"801\" tg-height=\"497\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/24fa8350588843d92f819ac12ab5ce16","relate_stocks":{"MS":"摩根士丹利"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140494965","content_text":"4月19日,摩根士丹利盘前发布财报,财报显示:第一季度净营收145.2亿美元,预估140.7亿美元。摩根士丹利第一季度每股收益1.70美元。第一季度股票销售和交易业务营收27.3亿美元,预估28.6亿美元。第一季度固定收益、外汇和大宗商品业务销售和交易营收25.8亿美元,预估24.2亿美元。第一季度非利息支出105.2亿美元,预估101.2亿美元。第一季度薪酬费用64.1亿美元,预估60.7亿美元。第一季度非薪酬支出41.1亿美元,预估40.9亿美元。第一季度管理资产1.36万亿美元,预估1.33万亿美元。第一季度总存款为3475.2亿美元,市场预测为3521.7亿美元。财报发布后,摩根士丹利盘前跌超2%.","news_type":1,"symbols_score_info":{"MS":0.9}},"isVote":1,"tweetType":1,"viewCount":750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944692253,"gmtCreate":1681817812172,"gmtModify":1681817817281,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944692253","repostId":"1125440795","repostType":2,"repost":{"id":"1125440795","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":1681817436,"share":"https://ttm.financial/m/news/1125440795?lang=en_US&edition=fundamental","pubTime":"2023-04-18 19:30","market":"us","language":"zh","title":"Lockheed Martin's first-quarter revenue was $15.1 billion, slightly exceeding expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1125440795","media":"老虎资讯综合","summary":"Q1 净利润(亿美元): 17,预期:15.36,前值:17.33。","content":"<p><html><head></head><body>Lockheed Martin's revenue in the first quarter of 2023 (US $100 million): 151, expected: 150.28, previous value: 149.64.</p><p>Net profit in the first quarter (US $100 million): 17, expected: 15.36, previous value: 17.33.</p><p>First quarter EPS: $6.61, expected: $6.057, previous value: $6.44.</p><p>Lockheed Martin's pre-market stock price rose rapidly in the short term, turning from falling to rising.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0bcce1a714321ac406ff7f02dc397b6f\" title=\"\" tg-width=\"1383\" tg-height=\"764\"/></p><p></body></html></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>Lockheed Martin's first-quarter revenue was $15.1 billion, slightly exceeding expectations</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\">\nLockheed Martin's first-quarter revenue was $15.1 billion, slightly exceeding expectations\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\">2023-04-18 19:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Lockheed Martin's revenue in the first quarter of 2023 (US $100 million): 151, expected: 150.28, previous value: 149.64.</p><p>Net profit in the first quarter (US $100 million): 17, expected: 15.36, previous value: 17.33.</p><p>First quarter EPS: $6.61, expected: $6.057, previous value: $6.44.</p><p>Lockheed Martin's pre-market stock price rose rapidly in the short term, turning from falling to rising.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0bcce1a714321ac406ff7f02dc397b6f\" title=\"\" tg-width=\"1383\" tg-height=\"764\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c278da3656f121b0bf93d422677e9201","relate_stocks":{"LMT":"洛克希德马丁"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125440795","content_text":"洛克希德马丁2023年一季度营收(亿美元): 151,预期:150.28,前值:149.64。一季度净利润(亿美元): 17,预期:15.36,前值:17.33。一季度EPS: $6.61,预期:$6.057,前值:$6.44。洛克希德马丁盘前股价短线快速拉升,由跌转涨。","news_type":1,"symbols_score_info":{"LMT":0.9}},"isVote":1,"tweetType":1,"viewCount":672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944348057,"gmtCreate":1681724008880,"gmtModify":1681724012364,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944348057","repostId":"1135442671","repostType":2,"repost":{"id":"1135442671","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":1681206474,"share":"https://ttm.financial/m/news/1135442671?lang=en_US&edition=fundamental","pubTime":"2023-04-11 17:47","market":"us","language":"zh","title":"Financial report preview | How long can Tesla's price reduction dividend last, and will it \"backlash\" itself?","url":"https://stock-news.laohu8.com/highlight/detail?id=1135442671","media":"老虎资讯综合","summary":"特斯拉频繁的降价行动令分析人士更加关注其第一季度的毛利率。","content":"<p><html><head></head><body><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>The financial report for the first quarter of 2023 ending March 31 will be released after the market closes on April 19, Eastern Time (April 20, Beijing time).</p><p>In the past 2022, Tesla delivered a total of 1.31 million vehicles worldwide, an increase of 40% compared to 2021; The production volume was 1.37 million vehicles, a year-on-year increase of 47%, but none of them reached the annual growth target of 50%.</p><p><strong>The market currently generally expects the company to have revenue of US $23.46 billion in the first quarter, adjusted profit of US $3.057 billion, and earnings per share of US $0.86.</strong></p><p><p style=\"text-align: justify;\">A stronger-than-expected result would indicate Tesla's \"cost advantage position\" and potential input cost decline, but if Q1 results fall in line or below expectations, it would imply overcapacity or aging products, which would put its stock price at risk. More importantly, frequent price cuts have led analysts to pay more attention to the electric car maker's gross profit margin in the first quarter.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40f14e3cd0b9cf7c3134cc1be1537b19\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p><strong>Deliveries in the first quarter: Is the price reduction effect sustainable?</strong></p><p><p style=\"text-align: justify;\">Tesla delivered worldwide in Q1 2023<strong>More than 422,000 vehicles broke the delivery record in a single quarter.</strong></p><p>The report shows that in the first quarter of 2023, Tesla produced 440,808 electric vehicles worldwide and delivered 422,875 units. Among them, Model S and Model X produced 19,437 units and delivered 10,695 units; Production of Model 3 and Model Y was 421,371 units, and deliveries were 412,180 units.</p><p>Compared with the same period last year, Tesla's total production in the first quarter increased by 44% year-on-year, and deliveries increased by 36% year-on-year, which was 6.69 times the delivery volume in the same period in 2019.</p><p>The delivery report shows that Tesla will continue to transition to \"more balanced mass production for different regional markets\", including Model S/X models that are being shipped to EMEA (Europe/Middle East/Africa) and Asia-Pacific.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/206ca2a9f22472a9e476b926b9c14c33\" title=\"\" tg-width=\"690\" tg-height=\"365\"/></p><p><p style=\"text-align: justify;\">Musk's annual sales target of 1.8-2 million vehicles was not bad in the first quarter. But what cannot be ignored is that in the Chinese market, the core position of its production and sales, this year's automobile market is facing more intense competition, and Tesla also needs to respond more flexibly.</p><p>According to industry analysts,<strong>The growth of Tesla's deliveries is closely related to the price cuts at the beginning of this year, and the direct reason for the price cuts is to stimulate demand.</strong>In January this year, Tesla lowered the prices of models on sale in both China and the global market, with an overall drop of 9%.</p><p>On April 6, local time, Tesla once again lowered the prices of its models on sale in the United States, lowering the prices of all models by 2% to 6%. This is the automaker's fifth price cut since January, with the most significant decline in high-end models. The price cut of the more popular Model Y also reached 4% to $52,990.</p><p>At the same time, Tesla also announced that it will adjust the prices of Model 3 and Model Y in Hong Kong on April 15. The largest price adjustment reduction is Model 3 Performance, with a range of as much as 14.7%.</p><p><p style=\"text-align: justify;\">Tesla previously launched a price war in the United States, which analysts saw as a positive signal of the company's efforts to boost sales.</p><p>According to Tesla's goal, it will increase production by more than 10 times to 20 million vehicles/year by 2030. However, the longest sales cycle of Tesla's Model 3/Y and other models currently on sale is 6-7 years, and there has been no mid-term facelift. As market competition intensifies, Tesla's products are facing more severe challenges.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44ed93f64aaf0be3e65df77daffd77f9\" title=\"\" tg-width=\"597\" tg-height=\"712\"/></p><p><strong>Positive factors: new low-end models are on the horizon</strong></p><p>Recently, there has been market news that Tesla is planning a grand production capacity map for its new low-priced models. \"This low-priced model is a small Model Y.\" The source said,<strong>\"Tesla is building an annual production capacity plan of up to 4 million vehicles for it.\"</strong></p><p><p style=\"text-align: justify;\">It is understood that this is an early production capacity strategy, and Tesla is passing on to the industrial chain:<strong>The production capacity of 4 million vehicles will be distributed in factories around the world, of which the super factory in North America will undertake 2 million vehicles, and the Berlin factory in Germany and the Lingang factory in Shanghai will undertake 1 million vehicles respectively. Among the North American factories, the Monterrey factory in Mexico will be the main production capacity of this new model.</strong></p><p><p style=\"text-align: justify;\">At this year's Investor Day, Tesla revealed the Monterrey factory in Mexico. Since then, some media reported that the factory covers an area of nearly 4,200 acres, which is 68% more than the 2,500 acres of the Texas factory. It is also about 20 times the area of the Shanghai factory.</p><p>If a Tesla car sells for 150,000 yuan, it may obviously set off another sales frenzy.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d883a08243beba49992da0458236253e\" title=\"\" tg-width=\"640\" tg-height=\"430\"/></p><p><strong>Unfavorable factors: U.S. electric vehicle tax rebate policy changes again</strong></p><p><p style=\"text-align: justify;\">Last Friday, the U.S. Treasury Department and the Internal Revenue Service announced new electric vehicle tax credit details. Various car companies found that unless a workaround is found, the result is likely to be:<strong>From April 18, when the new system comes into effect, the tax credits enjoyed by electric vehicles will be significantly reduced.</strong></p><p><p style=\"text-align: justify;\">Ford said its Mustang Mach-E and E-Transit will be eligible for a $3,750 electric vehicle tax credit starting April 18, down from the current $7,500, after losing half of the tax credits because they did not meet domestic battery purchase requirements.</p><p><p style=\"text-align: justify;\">From April 18, out of the $7,500 tax credit<strong>Half of that will depend on whether the battery components are mainly made in North America</strong>,<strong>The other half depends on whether the battery minerals are mainly sourced from the United States' free trade partners</strong>。 In the next five years, if you want to qualify for tax credits, the proportion of the above-mentioned components and minerals in automobile batteries will be further increased from 50% and 40% respectively.</p><p><strong>Big bank rating</strong></p><p><strong>Wedbush Securities: Outperform Rating, $225 Price Target</strong></p><p>Dan Ives of Wedbush Securities, a well-known Tesla bull analyst, maintained an \"outperform\" rating and a target price of $225 on Tesla stock. He said the Model Y/3 price cuts announced in early 2023 have \"paid handsome dividends\" for Tesla, and demand appears to be stable despite macroeconomic uncertainties. Whether Tesla's automotive gross profit margin can exceed 20% remains a key threshold in the next few quarters.</p><p><strong>Baird: Overweight Rating, $252 Price Target</strong></p><p><p style=\"text-align: left;\">Baird said it believes Tesla will be able to maintain industry-leading operating margins and is best positioned among its automotive peers to weather economic headwinds. Maintain an Overweight rating and $252 price target on Tesla stock.</p><p><strong>Bernstein: Underperform Rating, $150 Price Target</strong></p><p><p style=\"text-align: left;\">Bernstein said Tesla's price cuts were not surprising, but the timing and details were \"a bit surprising\" and may continue to cut prices in other markets around the world. The agency said the price cuts reflected Tesla's need to stimulate market demand. Maintain an underperform rating and a $150 price target on Tesla stock.</p><p><strong>Wolfe Research: Peer Performance Rating</strong></p><p><p style=\"text-align: left;\">Wolfe Research analyst Rod Lache said that while the U.S. price cuts may raise questions about demand for cars, Tesla \"will significantly reduce costs in the future.\" The company said investors may have underestimated the new investment in Tesla Energy. Maintaining a Peer Perform rating on Tesla stock, investors should not be surprised if the price cut triggers a negative short-term reaction to the stock price.</p><p></body></html></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>Financial report preview | How long can Tesla's price reduction dividend last, and will it \"backlash\" itself?</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\">\nFinancial report preview | How long can Tesla's price reduction dividend last, and will it \"backlash\" itself?\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\">2023-04-11 17:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>The financial report for the first quarter of 2023 ending March 31 will be released after the market closes on April 19, Eastern Time (April 20, Beijing time).</p><p>In the past 2022, Tesla delivered a total of 1.31 million vehicles worldwide, an increase of 40% compared to 2021; The production volume was 1.37 million vehicles, a year-on-year increase of 47%, but none of them reached the annual growth target of 50%.</p><p><strong>The market currently generally expects the company to have revenue of US $23.46 billion in the first quarter, adjusted profit of US $3.057 billion, and earnings per share of US $0.86.</strong></p><p><p style=\"text-align: justify;\">A stronger-than-expected result would indicate Tesla's \"cost advantage position\" and potential input cost decline, but if Q1 results fall in line or below expectations, it would imply overcapacity or aging products, which would put its stock price at risk. More importantly, frequent price cuts have led analysts to pay more attention to the electric car maker's gross profit margin in the first quarter.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40f14e3cd0b9cf7c3134cc1be1537b19\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p><strong>Deliveries in the first quarter: Is the price reduction effect sustainable?</strong></p><p><p style=\"text-align: justify;\">Tesla delivered worldwide in Q1 2023<strong>More than 422,000 vehicles broke the delivery record in a single quarter.</strong></p><p>The report shows that in the first quarter of 2023, Tesla produced 440,808 electric vehicles worldwide and delivered 422,875 units. Among them, Model S and Model X produced 19,437 units and delivered 10,695 units; Production of Model 3 and Model Y was 421,371 units, and deliveries were 412,180 units.</p><p>Compared with the same period last year, Tesla's total production in the first quarter increased by 44% year-on-year, and deliveries increased by 36% year-on-year, which was 6.69 times the delivery volume in the same period in 2019.</p><p>The delivery report shows that Tesla will continue to transition to \"more balanced mass production for different regional markets\", including Model S/X models that are being shipped to EMEA (Europe/Middle East/Africa) and Asia-Pacific.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/206ca2a9f22472a9e476b926b9c14c33\" title=\"\" tg-width=\"690\" tg-height=\"365\"/></p><p><p style=\"text-align: justify;\">Musk's annual sales target of 1.8-2 million vehicles was not bad in the first quarter. But what cannot be ignored is that in the Chinese market, the core position of its production and sales, this year's automobile market is facing more intense competition, and Tesla also needs to respond more flexibly.</p><p>According to industry analysts,<strong>The growth of Tesla's deliveries is closely related to the price cuts at the beginning of this year, and the direct reason for the price cuts is to stimulate demand.</strong>In January this year, Tesla lowered the prices of models on sale in both China and the global market, with an overall drop of 9%.</p><p>On April 6, local time, Tesla once again lowered the prices of its models on sale in the United States, lowering the prices of all models by 2% to 6%. This is the automaker's fifth price cut since January, with the most significant decline in high-end models. The price cut of the more popular Model Y also reached 4% to $52,990.</p><p>At the same time, Tesla also announced that it will adjust the prices of Model 3 and Model Y in Hong Kong on April 15. The largest price adjustment reduction is Model 3 Performance, with a range of as much as 14.7%.</p><p><p style=\"text-align: justify;\">Tesla previously launched a price war in the United States, which analysts saw as a positive signal of the company's efforts to boost sales.</p><p>According to Tesla's goal, it will increase production by more than 10 times to 20 million vehicles/year by 2030. However, the longest sales cycle of Tesla's Model 3/Y and other models currently on sale is 6-7 years, and there has been no mid-term facelift. As market competition intensifies, Tesla's products are facing more severe challenges.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44ed93f64aaf0be3e65df77daffd77f9\" title=\"\" tg-width=\"597\" tg-height=\"712\"/></p><p><strong>Positive factors: new low-end models are on the horizon</strong></p><p>Recently, there has been market news that Tesla is planning a grand production capacity map for its new low-priced models. \"This low-priced model is a small Model Y.\" The source said,<strong>\"Tesla is building an annual production capacity plan of up to 4 million vehicles for it.\"</strong></p><p><p style=\"text-align: justify;\">It is understood that this is an early production capacity strategy, and Tesla is passing on to the industrial chain:<strong>The production capacity of 4 million vehicles will be distributed in factories around the world, of which the super factory in North America will undertake 2 million vehicles, and the Berlin factory in Germany and the Lingang factory in Shanghai will undertake 1 million vehicles respectively. Among the North American factories, the Monterrey factory in Mexico will be the main production capacity of this new model.</strong></p><p><p style=\"text-align: justify;\">At this year's Investor Day, Tesla revealed the Monterrey factory in Mexico. Since then, some media reported that the factory covers an area of nearly 4,200 acres, which is 68% more than the 2,500 acres of the Texas factory. It is also about 20 times the area of the Shanghai factory.</p><p>If a Tesla car sells for 150,000 yuan, it may obviously set off another sales frenzy.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d883a08243beba49992da0458236253e\" title=\"\" tg-width=\"640\" tg-height=\"430\"/></p><p><strong>Unfavorable factors: U.S. electric vehicle tax rebate policy changes again</strong></p><p><p style=\"text-align: justify;\">Last Friday, the U.S. Treasury Department and the Internal Revenue Service announced new electric vehicle tax credit details. Various car companies found that unless a workaround is found, the result is likely to be:<strong>From April 18, when the new system comes into effect, the tax credits enjoyed by electric vehicles will be significantly reduced.</strong></p><p><p style=\"text-align: justify;\">Ford said its Mustang Mach-E and E-Transit will be eligible for a $3,750 electric vehicle tax credit starting April 18, down from the current $7,500, after losing half of the tax credits because they did not meet domestic battery purchase requirements.</p><p><p style=\"text-align: justify;\">From April 18, out of the $7,500 tax credit<strong>Half of that will depend on whether the battery components are mainly made in North America</strong>,<strong>The other half depends on whether the battery minerals are mainly sourced from the United States' free trade partners</strong>。 In the next five years, if you want to qualify for tax credits, the proportion of the above-mentioned components and minerals in automobile batteries will be further increased from 50% and 40% respectively.</p><p><strong>Big bank rating</strong></p><p><strong>Wedbush Securities: Outperform Rating, $225 Price Target</strong></p><p>Dan Ives of Wedbush Securities, a well-known Tesla bull analyst, maintained an \"outperform\" rating and a target price of $225 on Tesla stock. He said the Model Y/3 price cuts announced in early 2023 have \"paid handsome dividends\" for Tesla, and demand appears to be stable despite macroeconomic uncertainties. Whether Tesla's automotive gross profit margin can exceed 20% remains a key threshold in the next few quarters.</p><p><strong>Baird: Overweight Rating, $252 Price Target</strong></p><p><p style=\"text-align: left;\">Baird said it believes Tesla will be able to maintain industry-leading operating margins and is best positioned among its automotive peers to weather economic headwinds. Maintain an Overweight rating and $252 price target on Tesla stock.</p><p><strong>Bernstein: Underperform Rating, $150 Price Target</strong></p><p><p style=\"text-align: left;\">Bernstein said Tesla's price cuts were not surprising, but the timing and details were \"a bit surprising\" and may continue to cut prices in other markets around the world. The agency said the price cuts reflected Tesla's need to stimulate market demand. Maintain an underperform rating and a $150 price target on Tesla stock.</p><p><strong>Wolfe Research: Peer Performance Rating</strong></p><p><p style=\"text-align: left;\">Wolfe Research analyst Rod Lache said that while the U.S. price cuts may raise questions about demand for cars, Tesla \"will significantly reduce costs in the future.\" The company said investors may have underestimated the new investment in Tesla Energy. Maintaining a Peer Perform rating on Tesla stock, investors should not be surprised if the price cut triggers a negative short-term reaction to the stock price.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8350896f4f33c86bc28f200b67ab82b4","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135442671","content_text":"特斯拉将于美国东部时间4月19日收盘后(北京时间4月20日)发布截至3月31日的2023年第一季度财报。在过去的2022年,特斯拉全球共计交付汽车131万辆,相比2021年增长40%;生产量为137万辆,同比增长47%,但均未达到50%的年增长量目标。市场目前普遍预计该公司一季度的营收为234.6亿美元,调整后利润为30.57亿美元,每股收益为0.86美元。强于预期的结果将表明特斯拉的“成本优势地位”和潜在的投入成本下降,但如果第一季度的结果与预期持平或低于预期,则意味着产能过剩或产品老化,这将使其股价面临风险。尤其重要的是,频繁的降价行动令分析人士更加关注这家电动汽车制造商一季度的毛利率情况。一季度交付量:降价效应可持续吗?特斯拉2023年第一季度在全球交付超过42.2万辆汽车,打破了单季度的交付纪录。报告显示,2023年第一季度,特斯拉在全球生产电动车440808台,交付422875台。其中,Model S和Model X生产19437台,交付10695台;Model 3和Model Y的产量为421371台,交付量为412180台。与去年同期相比,特斯拉第一季度总产量同比增长44%,交付量同比增长36%,是2019年同期交付量的6.69倍。交付报告中显示,特斯拉将继续向“针对不同区域市场更加均衡的批量生产”过渡,其中包括正在运往EMEA地区(欧洲/中东/非洲)以及亚太地区的Model S/X车型。马斯克定下的全年180-200万辆的销量目标,第一季度完成得不差。但不容忽视的是,在其产销的核心阵地——中国市场,今年的汽车市场正迎来更为激烈的竞争,特斯拉也需要更灵活地应对。业内分析认为,特斯拉交付量增长与今年年初的降价活动密切相关,而降价的直接原因则是为了刺激需求。今年1月,特斯拉在中国和全球市场均调低了在售车型价格,整体降幅达到9%。当地时间4月6日,特斯拉再次下调了其美国在售车型的售价,将所有车型的价格下调了2%至6%,这是该汽车制造商自1月份以来的第五次降价,其中高端车型的降幅最为显著。较受欢迎的Model Y降价幅度也达到了4%,降至52990美元。与此同时,特斯拉还宣布将于4月15日调整香港地区Model 3和Model Y的售价,价格调整减幅最大的是Model 3 Performance,幅度多达14.7%。此前特斯拉发起在美国的价格战,分析师们都将其视为该公司努力提振销量的积极信号。根据特斯拉的目标,到2030年将产量提高10倍以上,达到2000万辆/年。不过,目前特斯拉在售的Model 3/Y等车型最长销售周期达6-7年,且一直没有进行中期改款。随着市场竞争的加剧,特斯拉的产品面临着更为严峻的挑战。积极因素:新低级车型呼之欲出最近传出市场消息,特斯拉正在为其新的低价车型,规划一副宏大的产能版图。“这款低价车型是一个小号Model Y。”消息人士称,“特斯拉正在为其构建一个高达400万辆的年产能计划。”据了解这是一项早期的产能策略,特斯拉正在向产业链传递:400万辆产能会分布在全球工厂,其中,北美的超级工厂将承担200万辆,德国柏林工厂和上海临港工厂分别承担100万辆。而在北美工厂当中,墨西哥的蒙特雷工厂会是这款新车型的产能主力。在今年投资者日上,特斯拉揭秘了墨西哥的蒙特雷工厂,此后,有媒体报道称,该工厂占地近4200英亩,这比德克萨斯州工厂的2500英亩多出68%,也是上海工厂面积的约20倍。如果一款特斯拉汽车卖到15万元,显然可能再次掀起销量狂潮。不利因素:美国电动车退税政策再生变上周五,美国财政部和国税局公布了新的电动汽车税收抵免细则,各家车企发现,除非找到变通方法,否则结果很可能是:从4月18日新制度生效起,电动汽车享受的税收抵免将大幅减少。福特公司表示,从4月18日开始,其 Mustang Mach-E 和 E-Transit 将有资格获得3750美元的电动汽车税收抵免,低于目前的 7500 美元,因为不符合国内电池采购要求而损失了一半的税收抵免。从4月18日起,7500美元的税收抵免额中有一半将取决于电池组件是否主要由北美制造,另一半取决于电池矿物是否主要来源于美国的自自由贸易伙伴。未来五年,想要符合税收抵免资格,汽车电池中上述组件及矿物占比将分别从50%和40%进一步提高。大行评级韦德布什证券:跑赢大盘评级,目标价225美元知名特斯拉多头分析师、韦德布什证券公司的丹·艾夫斯维持对特斯拉股票的“跑赢大盘”评级和225美元的目标价。他表示,2023年初宣布的Model Y/3降价为特斯拉“带来了丰厚的红利”,尽管宏观经济不确定,但需求似乎很稳定。未来几个季度,特斯拉的汽车毛利率能否超过20%仍是关键门槛。贝尔德:增持评级,目标价252美元贝尔德表示,相信特斯拉将能够保持行业领先的营业利润率,并且在汽车同行中处于最佳位置以抵御经济逆风。维持对特斯拉股票的增持评级和252美元的目标价。伯恩斯坦:表现不佳评级,150美元目标价伯恩斯坦表示,特斯拉降价并不令人意外,但时间和细节“有点令人惊讶”,可能在全球其它市场继续降价。该机构表示,降价反映了特斯拉刺激市场需求的需要。维持特斯拉股票的表现不佳评级和150美元的目标价。Wolfe Research:同业表现评级Wolfe Research 分析师 Rod Lache 表示,虽然美国的降价可能会引发对汽车需求的质疑,但特斯拉“未来会大幅降低成本”。该公司表示,投资者可能低估了对特斯拉能源的新投资。保持对特斯拉股票的同业表现评级,如果降价引发股价负面短期反应,投资者不应感到惊讶。","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944993356,"gmtCreate":1681658833976,"gmtModify":1681658837690,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944993356","repostId":"1102189876","repostType":2,"repost":{"id":"1102189876","kind":"news","weMediaInfo":{"introduction":"格隆汇旗下公众号。分享和探讨港股、美国中概股以及少量估值确有吸引力之A股的投资线索、投资机会与投资心得.","home_visible":1,"media_name":"格隆汇投资学苑","id":"3","head_image":"https://static.tigerbbs.com/5d7d04eb4f16b0013ed2c39f71b84b6c"},"pubTimestamp":1681641413,"share":"https://ttm.financial/m/news/1102189876?lang=en_US&edition=fundamental","pubTime":"2023-04-16 18:36","market":"sh","language":"zh","title":"Don't miss this bull market","url":"https://stock-news.laohu8.com/highlight/detail?id=1102189876","media":"格隆汇投资学苑","summary":"经济似乎还略显冷意,但股市已经迫不及待要热起来。经过一个多月的调整,上周五上证指数再一次逼近3月7日的高位,并显示要突破的态势,而A股成交额更是连续9个交易日超越1万亿。无独有偶,即使是深受美国经济衰","content":"<p><html><head></head><body>The economy still seems a little chilly, but the stock market can't wait to heat up.</p><p>After more than a month's adjustment, the Shanghai Composite Index once again approached the high of March 7th last Friday, showing a breakthrough trend, and the turnover of A shares exceeded 1 trillion for nine consecutive trading days.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf2ddeaaf9c0cf410a1d4bebe3f835e3\" tg-width=\"560\" tg-height=\"240\"/></p><p>Coincidentally, even the S&P index, which is deeply affected by the U.S. economic recession, has quietly approached its February 2nd high.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/182ff406e03a8e27b8016acc2b1653c4\" tg-width=\"560\" tg-height=\"240\"/></p><p>The stock market has the most sensitive sense of smell, and capital will not deceive people. The fact that it continues to attack upward has already explained the problem.</p><p>That's our simple view of the market in 2023:<strong>Don't miss this bull run.</strong></p><p><strong>Macroscopic surface</strong></p><p>Every bull market occurs, with a super trough as the premise.</p><p>What a trough 2022 is, every investor can feel it. With repeated epidemics, economic downturn, constant peripheral wars, and crazy rate hike, the capital market is really miserable.</p><p>But everything will come to an end, and several big macro risks have basically reversed or are about to reverse. The first is the Russia-Ukraine war, the capital market has long been blunted, and the second is that the epidemic has become irrelevant. The only thing that is bad now is the global rate hike, especially the official end of the Federal Reserve. Fortunately, the end of this is clearly visible, only the official announcement of the May meeting is missing.</p><p>There are two basic factors affecting the stock market, one is<strong>Economic fundamentals,</strong>One is<strong>Liquidity.</strong></p><p><strong>Domestic economic fundamentals, recovery is a foregone conclusion,</strong>On the surface, the domestic macroeconomic data doesn't seem to be too exciting, but signs of improvement are showing step by step, especially at the consumption level. \"May Day\" is approaching, and the reservation data of tourist air tickets and hotels strengthen the logic of consumption recovery. Now the market is waiting for the macroeconomic data for the first quarter of 2023 to be released two days later. Considering that there was a round of national infections after the epidemic was released at the beginning of the year, the data may not be very strong, but it is basically foreseeable. This should be regarded as the bottom of this year.</p><p><strong>Externally, there is a high probability that the U.S. economic recession will occur.</strong>It will have a negative effect on China's exports. Because as China's third largest trading partner, under such difficult circumstances in 2022, China's exports to the United States are still as high as US $536.8 billion. However, China itself is also expanding its ties with other economies around the world, trying to hedge the negative influence of the United States. In the long run, even if the U.S. recession is scheduled, according to the forecast of Fed officials, the impact will mainly be this year, and it will recover in the next two years. Therefore, it will basically be fine to survive this year.</p><p>As for China's economic fundamentals, there will indeed be some disturbances in the short term, but there is really no reason to be pessimistic in the medium and long term, and it is impossible to drop to last year's low. Even if some deep-seated problems, such as the game between big powers and technological innovation, will not be solved immediately, fortunately, these problems will not worsen again, and the country is trying to break through step by step.</p><p><strong>In terms of liquidity, China's CPI remained at a low level, only 0.7% in March, which seems to indicate that the economy still needs a stronger recovery, but on the other hand, it adds more possibilities to stimulate the economy and continue to loosen money.</strong>In fact, the monetary level has seen obvious easing, especially the social financing and M2 data released not long ago, but it takes time to transmit from the monetary level to the economy. In addition, the aggressive rate hike of the Federal Reserve is coming to an end step by step, which also provides more room for our monetary policy to display.</p><p>The macro economy is in the recovery channel, the general direction of liquidity is loose, and the stock market is bullish, which has the most basic support.</p><p><strong>Microscopic plane</strong></p><p>At the micro level, it is mainly the profit of enterprises, which coincides with the collective disclosure of the quarterly report of listed companies.</p><p>As of today, more than 200 A-share companies have disclosed their first-quarter performance forecasts. Among them, consumer stocks Langzi and Yanjing Beer have grown very strongly. Among them, the net profit attributable to the parent company of Langzi has increased by 377-566 times year-on-year, and Yanjing Beer has increased by 71-75 times year-on-year. Although it seems extreme, it also represents the strong rebound of consumer stocks from being suppressed by the epidemic last year to the release of the epidemic this year. And<strong>Technology stocks represented by semiconductors also showed a strong growth trend.</strong>A typical example is North Huachuang, a semiconductor equipment manufacturer, whose net profit attributable to the parent company is expected to increase by 1.71--2 times year-on-year.</p><p>In the article at the beginning of the year, we mentioned investment opportunities in semiconductors many times, but at that time, it was mainly based on the fact that the inventory cycle of semiconductors bottomed out in the first half of this year and entered an upward channel in the second half of this year, speculating on the logic of cycle reversal. The subsequent chatGPT craze has accelerated the cycle reversal of semiconductors. More importantly, the popularity of chatGPT also marks that a new round of technological revolution led by AI has entered the fast lane, which can be compared to mechanization, electrification and informatization. Moreover, the technological revolution larger than them has brought new growth space to the technology industry including semiconductors, and the prelude to a new blue ocean has slowly unfolded.</p><p>This is also the reason why we keep repeating the main line of investment this year, and the digital economy must be the biggest one.</p><p>In the past, China basically followed others in science and technology, but this time, China is the most promising leader, because the digital economy has been established as an industry that the country focuses on developing and supporting. More importantly, China's strength in the digital economy has been greatly improved. Even though there is still a gap with the United States in some key technical fields, compared with most countries in the world, its advantages are still obvious.</p><p>Although there are many companies with rubbing concepts in A-shares, on the whole, in this technological revolution, there is a high probability that there will be corresponding real bull stocks in China, which undoubtedly provides a greater possibility for the stock market to go bull. At least from the perspective of funds, this technological revolution with broad growth prospects and expected returns can easily attract incremental funds into the stock market.</p><p>As investors, you need to pay more attention to this quarterly report, because it will not only confirm the recovery of the domestic economy, but also become an important basis for predicting the next economy and the performance of listed companies, and it will also be evidence to verify the entry of incremental funds into the stock market. Although it has not yet been fully announced, it is not advisable to draw premature conclusions, but given that there is no epidemic disturbance this year, at least it is certain that overall compared with the same period last year, it will only be better than worse.</p><p>And if the final result is indeed like this, it is only a matter of time before the Shanghai Stock Exchange breaks through the previous month's high.</p><p><strong>There is no suspense in the bullish market outlook</strong></p><p>There is a famous saying in the investment world:<strong>The future is more important than the past.</strong></p><p>It means that the stock market is rising or falling, and the most important thing is expectation.</p><p>In the past year on review, there is one thing that the author has experienced the most deeply. It happened in October last year. U.S. stocks fell to the low point of the year, and A-share Hong Kong stocks also bottomed out that month.</p><p>If you look at it from a simple linear thinking, the federal interest rate in the United States was not very high at that time, and the economy was still very strong, but why did it fall to a low level early? However, the pressure of the domestic epidemic situation and the economic pressure are so great that there was even a crisis of confidence in foreign capital. The rapid decline is understandable, but why did it rebound strongly within a few days? Shouldn't it continue to fall?</p><p><strong>In fact, the stock market has another characteristic, that is, it responds to the real economy in advance. This reaction usually takes half a year, and the process will be affected by other factors, which can be accelerated or slowed down.</strong></p><p>The bottom of the Sino-US stock markets in October last year was affected by this law, and now it has been verified step by step. First of all, the rate hike behavior of the United States. If it ends as scheduled in May this year, it will be exactly half a year from October last year; Secondly, China. That rapid decline did play a role in bottoming out in advance. Of course, the release of the epidemic in November was the most important factor in the rebound of the stock market. If the lockdown continues, the rebound will not come so soon.</p><p>But no matter what, if you want the stock market, whether it is A-shares, Hong Kong stocks or U.S. stocks, to return to the bottom of last year, the possibility is not high. Not to mention the domestic economy recovering and loose liquidity, even if U.S. stocks enter the \"profit-killing\" stage, unless the performance of listed companies collapses on a large scale, it is difficult to happen. When bank stocks thundered in March, it triggered a round of panic, but so far, there has been no expected collapse. Instead, the performance of big banks like JPMorgan Chase has increased significantly. In terms of indexes, the most injured Dow Jones has a volatility of around 10%, while the Nasdaq and S&P 500 are far below 10%, and all three major indexes have fully recovered their losses in March and rose a lot.</p><p>It can be said that the biggest macro risk now is only the economic recession in the United States. If the stock market reflects the future characteristics in advance, the current trading will be half a year later. In other words, the stock market is pricing in a recession half a year from now. Of course, whether it is fully priced remains to be announced by other economic, listed company data, and follow-up policies. If these data fall beyond expectations, the stock market will still follow suit. If it meets expectations, the stock market can be flat, but if it improves beyond expectations, A rebound will happen at any time.</p><p>If we use the two factors mentioned above-economic fundamentals and liquidity, the liquidity crunch of U.S. stocks is basically priced by the market, and the only difference is to wait for the economy to bottom out. China's situation is even better, because our economic fundamentals have bottomed out and are in the recovery stage.</p><p><strong>epilogue</strong></p><p>If last year was the collapse moment of the global capital market, then this year's upward resonance of the global capital market should be the most anticipated and highly likely thing.</p><p>Looking at it now, the signs of a bullish market outlook may not be obvious, because except for the AI sector, other sectors are still relatively low-key, requiring some catalytic factors and taking some time. But just as the wind starts at the end of Qingping and the waves become between slight waves, the stock market will not directly tell you that the bull market is coming, but since the expectations for the future are good and the valuation is at a low level, it is a good thing to keep a low profile. This is equivalent to giving investors the opportunity to get on the bus. If it has gone wild, there is no chance.</p><p>Chinese people often say that it is extremely prosperous, and the same is true in the stock market. If one sentence is enough for the investment strategy of this year's stock market, it is:</p><p><strong>Don't miss this bull run!</strong></p><p></body></html></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>Don't miss this bull market</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\">\nDon't miss this bull market\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/3\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/5d7d04eb4f16b0013ed2c39f71b84b6c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">格隆汇投资学苑 </p>\n<p class=\"h-time smaller\">2023-04-16 18:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The economy still seems a little chilly, but the stock market can't wait to heat up.</p><p>After more than a month's adjustment, the Shanghai Composite Index once again approached the high of March 7th last Friday, showing a breakthrough trend, and the turnover of A shares exceeded 1 trillion for nine consecutive trading days.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf2ddeaaf9c0cf410a1d4bebe3f835e3\" tg-width=\"560\" tg-height=\"240\"/></p><p>Coincidentally, even the S&P index, which is deeply affected by the U.S. economic recession, has quietly approached its February 2nd high.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/182ff406e03a8e27b8016acc2b1653c4\" tg-width=\"560\" tg-height=\"240\"/></p><p>The stock market has the most sensitive sense of smell, and capital will not deceive people. The fact that it continues to attack upward has already explained the problem.</p><p>That's our simple view of the market in 2023:<strong>Don't miss this bull run.</strong></p><p><strong>Macroscopic surface</strong></p><p>Every bull market occurs, with a super trough as the premise.</p><p>What a trough 2022 is, every investor can feel it. With repeated epidemics, economic downturn, constant peripheral wars, and crazy rate hike, the capital market is really miserable.</p><p>But everything will come to an end, and several big macro risks have basically reversed or are about to reverse. The first is the Russia-Ukraine war, the capital market has long been blunted, and the second is that the epidemic has become irrelevant. The only thing that is bad now is the global rate hike, especially the official end of the Federal Reserve. Fortunately, the end of this is clearly visible, only the official announcement of the May meeting is missing.</p><p>There are two basic factors affecting the stock market, one is<strong>Economic fundamentals,</strong>One is<strong>Liquidity.</strong></p><p><strong>Domestic economic fundamentals, recovery is a foregone conclusion,</strong>On the surface, the domestic macroeconomic data doesn't seem to be too exciting, but signs of improvement are showing step by step, especially at the consumption level. \"May Day\" is approaching, and the reservation data of tourist air tickets and hotels strengthen the logic of consumption recovery. Now the market is waiting for the macroeconomic data for the first quarter of 2023 to be released two days later. Considering that there was a round of national infections after the epidemic was released at the beginning of the year, the data may not be very strong, but it is basically foreseeable. This should be regarded as the bottom of this year.</p><p><strong>Externally, there is a high probability that the U.S. economic recession will occur.</strong>It will have a negative effect on China's exports. Because as China's third largest trading partner, under such difficult circumstances in 2022, China's exports to the United States are still as high as US $536.8 billion. However, China itself is also expanding its ties with other economies around the world, trying to hedge the negative influence of the United States. In the long run, even if the U.S. recession is scheduled, according to the forecast of Fed officials, the impact will mainly be this year, and it will recover in the next two years. Therefore, it will basically be fine to survive this year.</p><p>As for China's economic fundamentals, there will indeed be some disturbances in the short term, but there is really no reason to be pessimistic in the medium and long term, and it is impossible to drop to last year's low. Even if some deep-seated problems, such as the game between big powers and technological innovation, will not be solved immediately, fortunately, these problems will not worsen again, and the country is trying to break through step by step.</p><p><strong>In terms of liquidity, China's CPI remained at a low level, only 0.7% in March, which seems to indicate that the economy still needs a stronger recovery, but on the other hand, it adds more possibilities to stimulate the economy and continue to loosen money.</strong>In fact, the monetary level has seen obvious easing, especially the social financing and M2 data released not long ago, but it takes time to transmit from the monetary level to the economy. In addition, the aggressive rate hike of the Federal Reserve is coming to an end step by step, which also provides more room for our monetary policy to display.</p><p>The macro economy is in the recovery channel, the general direction of liquidity is loose, and the stock market is bullish, which has the most basic support.</p><p><strong>Microscopic plane</strong></p><p>At the micro level, it is mainly the profit of enterprises, which coincides with the collective disclosure of the quarterly report of listed companies.</p><p>As of today, more than 200 A-share companies have disclosed their first-quarter performance forecasts. Among them, consumer stocks Langzi and Yanjing Beer have grown very strongly. Among them, the net profit attributable to the parent company of Langzi has increased by 377-566 times year-on-year, and Yanjing Beer has increased by 71-75 times year-on-year. Although it seems extreme, it also represents the strong rebound of consumer stocks from being suppressed by the epidemic last year to the release of the epidemic this year. And<strong>Technology stocks represented by semiconductors also showed a strong growth trend.</strong>A typical example is North Huachuang, a semiconductor equipment manufacturer, whose net profit attributable to the parent company is expected to increase by 1.71--2 times year-on-year.</p><p>In the article at the beginning of the year, we mentioned investment opportunities in semiconductors many times, but at that time, it was mainly based on the fact that the inventory cycle of semiconductors bottomed out in the first half of this year and entered an upward channel in the second half of this year, speculating on the logic of cycle reversal. The subsequent chatGPT craze has accelerated the cycle reversal of semiconductors. More importantly, the popularity of chatGPT also marks that a new round of technological revolution led by AI has entered the fast lane, which can be compared to mechanization, electrification and informatization. Moreover, the technological revolution larger than them has brought new growth space to the technology industry including semiconductors, and the prelude to a new blue ocean has slowly unfolded.</p><p>This is also the reason why we keep repeating the main line of investment this year, and the digital economy must be the biggest one.</p><p>In the past, China basically followed others in science and technology, but this time, China is the most promising leader, because the digital economy has been established as an industry that the country focuses on developing and supporting. More importantly, China's strength in the digital economy has been greatly improved. Even though there is still a gap with the United States in some key technical fields, compared with most countries in the world, its advantages are still obvious.</p><p>Although there are many companies with rubbing concepts in A-shares, on the whole, in this technological revolution, there is a high probability that there will be corresponding real bull stocks in China, which undoubtedly provides a greater possibility for the stock market to go bull. At least from the perspective of funds, this technological revolution with broad growth prospects and expected returns can easily attract incremental funds into the stock market.</p><p>As investors, you need to pay more attention to this quarterly report, because it will not only confirm the recovery of the domestic economy, but also become an important basis for predicting the next economy and the performance of listed companies, and it will also be evidence to verify the entry of incremental funds into the stock market. Although it has not yet been fully announced, it is not advisable to draw premature conclusions, but given that there is no epidemic disturbance this year, at least it is certain that overall compared with the same period last year, it will only be better than worse.</p><p>And if the final result is indeed like this, it is only a matter of time before the Shanghai Stock Exchange breaks through the previous month's high.</p><p><strong>There is no suspense in the bullish market outlook</strong></p><p>There is a famous saying in the investment world:<strong>The future is more important than the past.</strong></p><p>It means that the stock market is rising or falling, and the most important thing is expectation.</p><p>In the past year on review, there is one thing that the author has experienced the most deeply. It happened in October last year. U.S. stocks fell to the low point of the year, and A-share Hong Kong stocks also bottomed out that month.</p><p>If you look at it from a simple linear thinking, the federal interest rate in the United States was not very high at that time, and the economy was still very strong, but why did it fall to a low level early? However, the pressure of the domestic epidemic situation and the economic pressure are so great that there was even a crisis of confidence in foreign capital. The rapid decline is understandable, but why did it rebound strongly within a few days? Shouldn't it continue to fall?</p><p><strong>In fact, the stock market has another characteristic, that is, it responds to the real economy in advance. This reaction usually takes half a year, and the process will be affected by other factors, which can be accelerated or slowed down.</strong></p><p>The bottom of the Sino-US stock markets in October last year was affected by this law, and now it has been verified step by step. First of all, the rate hike behavior of the United States. If it ends as scheduled in May this year, it will be exactly half a year from October last year; Secondly, China. That rapid decline did play a role in bottoming out in advance. Of course, the release of the epidemic in November was the most important factor in the rebound of the stock market. If the lockdown continues, the rebound will not come so soon.</p><p>But no matter what, if you want the stock market, whether it is A-shares, Hong Kong stocks or U.S. stocks, to return to the bottom of last year, the possibility is not high. Not to mention the domestic economy recovering and loose liquidity, even if U.S. stocks enter the \"profit-killing\" stage, unless the performance of listed companies collapses on a large scale, it is difficult to happen. When bank stocks thundered in March, it triggered a round of panic, but so far, there has been no expected collapse. Instead, the performance of big banks like JPMorgan Chase has increased significantly. In terms of indexes, the most injured Dow Jones has a volatility of around 10%, while the Nasdaq and S&P 500 are far below 10%, and all three major indexes have fully recovered their losses in March and rose a lot.</p><p>It can be said that the biggest macro risk now is only the economic recession in the United States. If the stock market reflects the future characteristics in advance, the current trading will be half a year later. In other words, the stock market is pricing in a recession half a year from now. Of course, whether it is fully priced remains to be announced by other economic, listed company data, and follow-up policies. If these data fall beyond expectations, the stock market will still follow suit. If it meets expectations, the stock market can be flat, but if it improves beyond expectations, A rebound will happen at any time.</p><p>If we use the two factors mentioned above-economic fundamentals and liquidity, the liquidity crunch of U.S. stocks is basically priced by the market, and the only difference is to wait for the economy to bottom out. China's situation is even better, because our economic fundamentals have bottomed out and are in the recovery stage.</p><p><strong>epilogue</strong></p><p>If last year was the collapse moment of the global capital market, then this year's upward resonance of the global capital market should be the most anticipated and highly likely thing.</p><p>Looking at it now, the signs of a bullish market outlook may not be obvious, because except for the AI sector, other sectors are still relatively low-key, requiring some catalytic factors and taking some time. But just as the wind starts at the end of Qingping and the waves become between slight waves, the stock market will not directly tell you that the bull market is coming, but since the expectations for the future are good and the valuation is at a low level, it is a good thing to keep a low profile. This is equivalent to giving investors the opportunity to get on the bus. If it has gone wild, there is no chance.</p><p>Chinese people often say that it is extremely prosperous, and the same is true in the stock market. If one sentence is enough for the investment strategy of this year's stock market, it is:</p><p><strong>Don't miss this bull run!</strong></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2a3253accc7322a3db322a8557ee9834","relate_stocks":{".SPX":"S&P 500 Index","000001.SH":"上证指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102189876","content_text":"经济似乎还略显冷意,但股市已经迫不及待要热起来。经过一个多月的调整,上周五上证指数再一次逼近3月7日的高位,并显示要突破的态势,而A股成交额更是连续9个交易日超越1万亿。无独有偶,即使是深受美国经济衰退影响的标普指数,也已经悄无声息地逼近2月2日的高位。股市的嗅觉最灵敏,资本也不会骗人,持续向上攻的事实,已经说明问题。那就是我们对于2023年市场的一个简单观点:不要错过这一轮牛市。宏观面每一轮牛市的发生,都有一个超级低谷作为前提。2022年是何等的低谷,每一个投资者都能感受得到。疫情反复、经济下滑,外围战事不断、加息疯狂,资本市场真的是苦不堪言。但任何事都会有了结的时刻,几个大的宏观风险,现在基本已经或者即将反转。首先是俄乌战争,资本市场早已钝化,其次是疫情也已经无关痛痒,现在唯一差的,就是全球的加息,尤其是美联储的正式结束。幸运的是,这个结束已经清晰可见,只差5月份会议的官宣。影响股市的两个基本因素,一个是经济基本面,一个是流动性。国内的经济基本面,复苏已成定局,表面上看国内的宏观经济数据似乎并没有太令人激动,但好转的迹象正在一步步呈现,特别是消费层面,“五一”将至,旅游机票酒店的预定数据增强了消费回暖的逻辑。现在市场都在等待两天后公布的2023年一季度的宏观经济数据,考虑到年初疫情放开后出现过一轮全民感染,数据未必很强劲,但基本也可以预见,这应该算是今年的底部了。外围方面,美国经济衰退大概率会出现,对于中国出口会有负面作用。因为作为中国第三大贸易伙伴,2022年如此艰难的情况下,中国出口美国依然高达5368亿美元。不过,中国本身也在扩大和全球其他经济体的联系,努力对冲美国的负面影响。而拉长时间看,即使美国衰退预约而至,根据美联储官员的预计,影响主要在今年,明后两年会走向复苏。所以,熬过今年基本也就没事了。对于中国经济基本面,短期看确实会有一些扰动,但中长期确实没有理由悲观,也不可能再下探到去年的低位。即使一些深层次的问题,例如大国博弈、科技创新,不会马上得到解决,可幸的是,这些问题也不至于再度恶化,而且国家也在努力一步步突围。流动性方面,中国的CPI维持在较低的位置,3月份只有0.7%,这似乎预示着经济仍有待更强劲的复苏,但反过来说,为刺激经济以及继续宽松货币增加更多的可能性。实际上,货币层面已经看到明显的宽松,特别是不久前公布的社融、M2数据,只不过从货币层面到经济的传导需要时间。另外,美联储的激进加息一步步走向终结,也为我们的货币政策提供更多的施展空间。宏观经济处于复苏通道,流动性的大方向是宽松,股市走牛,就有了最基本的支持。微观面微观层面,主要是企业的盈利,恰逢上市公司集体披露一季报。截至今天,A股披露一季度业绩预告的公司超过200家,其中消费股的朗姿股份、燕京啤酒增长非常强劲,其中朗姿股份归母净利润同比增长达到377-566倍,燕京啤酒同比增长71-75倍。虽然看上去极端,但也代表了消费股从去年被疫情压制,到今年放开疫情后强势的反弹态势。而以半导体为代表的科技股,同样显示出强劲的增长态势。典型的是半导体设备商北方华创,预计归母净利润同比增长1.71--2倍。在年初的文章中,我们就多次提及半导体的投资机会,不过彼时主要是基于半导体的库存周期在今年上半年见底,下半年进入上升通道,炒的是周期反转的逻辑。其后出现的chatGPT热潮,加速了半导体的周期反转,更重要的是,chatGPT的大热,也标志着以AI为首的新一轮技术革命进入快车道,这个可以比肩机械化、电气化和信息化,而且比它们规模更大的技术革命,给包括半导体在内的科技行业带来新的增长空间,一个新的蓝海序幕已经徐徐展开。这也是我们不断重复今年的投资主线,数字经济必定是最大的一个的理由。如果说以往中国在科技方面基本都是跟着别人走,但这一次,中国是最有希望成为其中一位领跑者,因为数字经济已经被确立为国家重点发展和扶持的产业,更重要的是,中国在数字经济方面的实力已经大大提高,即使在一些关键技术领域和美国尚有差距,但和全球大部分国家相比,优势还是很明显。虽然A股上也存在不少蹭概念的公司,但总体上看,这一个技术革命,中国出现相对应的真牛股是大概率的,这无疑也为股市走牛提供了更大的可能性。至少从资金面上看,这种拥有广阔增长前景和预期收益的技术革命,是很容易吸引增量资金进入股市的。作为投资者,需要更多地关注这一次的季报,因为这不但会印证国内经济的复苏程度,也会成为预测接下来经济以及上市公司业绩的重要依据,还是验证增量资金进入股市的证据。虽然现在尚未全部公布,过早下结论不可取,但鉴于今年没有已经没有疫情扰动,至少可以肯定,整体上比起去年同期,只会好不会差。而如果最后的结果确实如此的话,上证突围前月高点,只是时间问题。后市走牛无悬念投资界有句名言:未来比过去重要。意思是,股市后面是涨是跌,最重要的是预期。复盘过去一年,有一点是笔者体会最为深刻的,都发生去年10月,美股跌入年内低点,A股港股也是在那个月见底。如果简单的线性思维去看,那时美国的联邦利率并没有很高,经济也还很强劲,但为何早早就跌入低位呢?而国内疫情压力、经济压力又那么大,甚至一度传出外资出现信心危机,快速下跌可以理解,但为何没过几天就强力反弹了呢?难道不应该继续下跌吗?实际上,股市还有另一个特征,就是提前对实体经济做出反应,这种反应通常以半年为常,而且过程当中还会受其他因素的影响,可以加快也可以减慢。去年10月份中美股市的底部,就受到这个规律的影响,现在也一步步得到验证,首先是美国的加息行为,如果今年5月份如期结束,距离去年10月份,正好半年;其次是中国,那一次快速下跌,确实起到了提前见底的作用,当然,11月疫情放开是股市反弹也是最重要的一个因素,如果继续封控,反弹未至于那么快到来。但不管如何,想要股市,不管是A股、港股还是美股,回到去年的底部位置,可能性都不高了,国内经济复苏,流动性宽松就不说了,即使是美股进入“杀盈利”阶段,除非上市公司业绩大面积崩溃,否则很难会出现。3月份银行股暴雷的时候,曾经引发过一轮恐慌,但到现在为止,也没有出现预期中的崩溃现象,摩根大通这种大银行业绩反而大增。指数方面,最受伤的道琼斯波幅在10%左右,而纳斯达克、标普500远低于10%,并且三大指数都已经完全收复3月份跌幅并上涨不少。可以说,现在最大的宏观风险只是美国的经济衰退,如果按照股市提前反应未来的特征,现在交易的正是半年之后。换句话说,股市正在定价半年之后的经济衰退。当然,是否完全定价还有待于其他经济、上市公司数据,以及后续政策的公布,如果这些数据超预期下滑,那股市还是会跟着,如果符合预期,那股市可以持平,但如果超预期向好,反弹就会随时发生。如果用前文所说的两个因素——经济基本面和流动性,美股的流动性紧缩基本被市场定价,唯一差的就是等经济面见底。而中国的情况,要更好一些,因为我们的经济基本面已经见底,并处于回升阶段。结语如果说去年是全球资本市场的崩溃时刻,那今年出现全球资本市场向上共振,应该是最值得期待,也是大概率的事情。现在看,后市走牛的迹象可能还不至于很明显,因为除了AI板块,其他板块都还相对低调,需要一些催化因素,也需要一些时日。但正如风起于青萍之末,浪成于微澜之间,股市不会直接告诉你牛市来了,但既然对于未来的预期向好,估值上又处于低位,表现低调反而是好事,这等于给了投资者上车的机会。如果已经狂飙起来了,机会就没有了。中国人常常说否极泰来,放在股市也是如此。如果说对于今年股市的投资策略,一句话足矣,那就是:不要错过这一轮牛市!","news_type":1,"symbols_score_info":{"000001.SH":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945447501,"gmtCreate":1681571360803,"gmtModify":1681571364430,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945447501","repostId":"1137337807","repostType":2,"isVote":1,"tweetType":1,"viewCount":1201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945235280,"gmtCreate":1681482061740,"gmtModify":1681482064368,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581648325885484","idStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945235280","repostId":"2327812125","repostType":2,"repost":{"id":"2327812125","kind":"news","pubTimestamp":1681481011,"share":"https://ttm.financial/m/news/2327812125?lang=en_US&edition=fundamental","pubTime":"2023-04-14 22:03","market":"us","language":"zh","title":"Bank of America: Prefer AMD to Intel, giving the latter a \"buy\" rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2327812125","media":"智通财经","summary":"智通财经APP获悉,在第一季度财报季到来之际,美国银行表示,相比于英特尔,该行更青睐于AMD,因为后者可能会因收购赛灵思而从工业和汽车市场中受益。美银分析师Vivek Arya予AMD“买入”评级,同时予英特尔“跑输大盘”评级。与此同时,市场普遍预期英特尔第一季度销售额为112.2亿美元,但每股亏损0.14美元。分析师补充称,尽管英特尔的股价在过去几个交易日大幅上涨,但至少在2025年之前,该公司的服务器市场份额可能会继续输给AMD。","content":"<p><html><head></head><body>On April 14, as the first-quarter earnings season approached, Bank of America said that compared with<a href=\"https://laohu8.com/S/INTC\">Intel</a>, the bank preferred<a href=\"https://laohu8.com/S/AMD\">AMD</a>, because the latter may be affected by the acquisition<a href=\"https://laohu8.com/S/XLNX\">Xilinx</a>While benefiting from industrial and automotive markets.</p><p><strong>Bank of America analyst Vivek Arya gave AMD a \"buy\" rating and Intel an \"underperform\" rating.</strong>Despite troubles in PCs and data centers, AMD could gain more than Intel later this year as it launches new products including Genoa server CPUs, analysts said.</p><p>Analysts said: \"Given AMD's extensive exposure to cloud computing vendors, which are expected to increase investment in CPUs/accelerators amid the AI boom, we believe AMD is in a better position overall. Its 5nm Genoa server CPU also has process node advantages and better multi-threading performance.\"</p><p>The current consensus expectation is that AMD will generate revenue of $5.31 billion and earnings per share of $0.56 in the first quarter of this year. Meanwhile, the consensus estimate for Intel to post a loss of $0.14 per share after first-quarter sales of $11.22 billion.</p><p>While Intel's stock has risen sharply over the past few sessions (partly due to its portfolio in AI), the company is likely to continue to lose server market share to AMD until at least 2025, analysts added. Ahead of Intel's first-quarter results, analysts lowered their estimates for the company's 2023 results, cutting sales and earnings per share estimates by 6% and 38%, respectively.</p><p></body></html></p>","source":"stock_zhitongcaijing","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>Bank of America: Prefer AMD to Intel, giving the latter a \"buy\" rating</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\">\nBank of America: Prefer AMD to Intel, giving the latter a \"buy\" rating\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\">2023-04-14 22:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On April 14, as the first-quarter earnings season approached, Bank of America said that compared with<a href=\"https://laohu8.com/S/INTC\">Intel</a>, the bank preferred<a href=\"https://laohu8.com/S/AMD\">AMD</a>, because the latter may be affected by the acquisition<a href=\"https://laohu8.com/S/XLNX\">Xilinx</a>While benefiting from industrial and automotive markets.</p><p><strong>Bank of America analyst Vivek Arya gave AMD a \"buy\" rating and Intel an \"underperform\" rating.</strong>Despite troubles in PCs and data centers, AMD could gain more than Intel later this year as it launches new products including Genoa server CPUs, analysts said.</p><p>Analysts said: \"Given AMD's extensive exposure to cloud computing vendors, which are expected to increase investment in CPUs/accelerators amid the AI boom, we believe AMD is in a better position overall. Its 5nm Genoa server CPU also has process node advantages and better multi-threading performance.\"</p><p>The current consensus expectation is that AMD will generate revenue of $5.31 billion and earnings per share of $0.56 in the first quarter of this year. Meanwhile, the consensus estimate for Intel to post a loss of $0.14 per share after first-quarter sales of $11.22 billion.</p><p>While Intel's stock has risen sharply over the past few sessions (partly due to its portfolio in AI), the company is likely to continue to lose server market share to AMD until at least 2025, analysts added. Ahead of Intel's first-quarter results, analysts lowered their estimates for the company's 2023 results, cutting sales and earnings per share estimates by 6% and 38%, respectively.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"http://www.zhitongcaijing.com/content/detail/911257.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/38b14d4c1528b585f44d427c7a09d860","relate_stocks":{"INTC":"英特尔","GFS":"GLOBALFOUNDRIES Inc.","AMD":"美国超微公司"},"source_url":"http://www.zhitongcaijing.com/content/detail/911257.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2327812125","content_text":"4月14日,,在第一季度财报季到来之际,美国银行表示,相比于英特尔,该行更青睐于AMD,因为后者可能会因收购赛灵思而从工业和汽车市场中受益。美银分析师Vivek Arya予AMD“买入”评级,同时予英特尔“跑输大盘”评级。分析师表示,尽管个人电脑和数据中心领域遇到麻烦,但AMD今年晚些时候的获益可能会超过英特尔,因为AMD将推出包括Genoa服务器CPU在内的新产品。分析师表示:“考虑到AMD与云计算供应商的大量接触,而这些云计算供应商们预计将在AI热潮下加大对CPU/加速器的投资,我们认为AMD总体上处于更好的地位。其5nm Genoa服务器CPU也拥有流程节点优势和更好的多线程性能。”市场目前普遍预期,AMD今年第一季度的营收为53.1亿美元,每股收益为0.56美元。与此同时,市场普遍预期英特尔第一季度销售额为112.2亿美元,但每股亏损0.14美元。分析师补充称,尽管英特尔的股价在过去几个交易日大幅上涨(部分原因是其在AI领域的投资组合),但至少在2025年之前,该公司的服务器市场份额可能会继续输给AMD。在英特尔公布第一季度业绩之前,分析师下调了对该公司2023年的业绩预计,将销售额和每股收益预期分别下调了6%和38%。","news_type":1,"symbols_score_info":{"GFS":1,"INTC":1,"AMD":1}},"isVote":1,"tweetType":1,"viewCount":729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9984715415,"gmtCreate":1667742228938,"gmtModify":1676537957787,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9984715415","repostId":"2280574557","repostType":4,"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982161640,"gmtCreate":1667118833181,"gmtModify":1676537863910,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9982161640","repostId":"1176991053","repostType":4,"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988892842,"gmtCreate":1666711177486,"gmtModify":1676537794251,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9988892842","repostId":"1131897083","repostType":4,"repost":{"id":"1131897083","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":1666710614,"share":"https://ttm.financial/m/news/1131897083?lang=en_US&edition=fundamental","pubTime":"2022-10-25 23:10","market":"us","language":"zh","title":"U.S. new energy vehicle stocks generally rose, Tesla rose more than 5%, Li Auto rose 11%","url":"https://stock-news.laohu8.com/highlight/detail?id=1131897083","media":"老虎资讯综合","summary":"周二盘中,美股新能源车股涨幅扩大,特斯拉涨超5%,理想汽车涨11%,蔚来、小鹏汽车涨超8%。","content":"<p><html><head></head><body>In intraday trading on Tuesday, U.S. new energy vehicle stocks increased their gains.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Up more than 5%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 11%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>、<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Up more than 8%.</p><p><img src=\"https://static.tigerbbs.com/578f273232d90d5ea35b562472f8c8f1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/d550e311602c3ce18b996c1fd442cde0\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></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>U.S. new energy vehicle stocks generally rose, Tesla rose more than 5%, Li Auto rose 11%</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\">\nU.S. new energy vehicle stocks generally rose, Tesla rose more than 5%, Li Auto rose 11%\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\">2022-10-25 23:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>In intraday trading on Tuesday, U.S. new energy vehicle stocks increased their gains.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Up more than 5%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 11%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>、<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Up more than 8%.</p><p><img src=\"https://static.tigerbbs.com/578f273232d90d5ea35b562472f8c8f1\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/d550e311602c3ce18b996c1fd442cde0\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/470c7cb7483c270761f6679ffa0ee057","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来","LI":"理想汽车","TSLA":"特斯拉"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131897083","content_text":"周二盘中,美股新能源车股涨幅扩大,特斯拉涨超5%,理想汽车涨11%,蔚来、小鹏汽车涨超8%。","news_type":1,"symbols_score_info":{"TSLA":0.9,"XPEV":0.9,"LI":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914855019,"gmtCreate":1665242714431,"gmtModify":1676537577527,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9914855019","repostId":"2273336343","repostType":4,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030316710,"gmtCreate":1645631018960,"gmtModify":1676534047286,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"Hello ","listText":"Hello ","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030316710","repostId":"1129874331","repostType":4,"repost":{"id":"1129874331","kind":"news","pubTimestamp":1645630215,"share":"https://ttm.financial/m/news/1129874331?lang=en_US&edition=fundamental","pubTime":"2022-02-23 23:30","market":"us","language":"zh","title":"How big is the impact of Biden's sanctions on Russian sovereign bonds?","url":"https://stock-news.laohu8.com/highlight/detail?id=1129874331","media":"金十数据","summary":"对俄罗斯来说,短期内制裁可能不疼不痒。美国对俄罗斯主权债务的制裁让全球投资者意识到,即使乌克兰危机升级后俄罗斯国债已大幅下跌,但未来仍可能进一步下跌。尽管美国总统拜登宣布的措施并没有极大限制地俄罗斯获","content":"<p><html><head></head><body>For Russia, sanctions may not hurt in the short term. U.S. sanctions on Russia's sovereign debt have made global investors realize that even if Russia's Treasury Bond have fallen sharply after the escalation of the Ukrainian crisis, they may still fall further in the future.</p><p>While the measures announced by U.S. President Joe Biden did not greatly limit Russia's access to funding, its actions on Tuesday were a warning. Investors remain wary of potentially more sanctions, moves that could affect more Russian banks and even limit the ability of the Russian ruble to convert into foreign currencies.</p><p>Under the sanctions, many U.S.-linked investors will not be able to buy any Russian sovereign bonds newly issued after March 1 in the secondary market, having previously been restricted from purchasing these bonds in the primary market. The primary market appears to be the main target of sanctions, but as Russia considers refinancing activities, this could have a ripple effect on its existing debt and potential future risks.</p><p>Clay Lowery, executive vice president of the International Finance Association, said:</p><p>\"In the short term, this is unlikely to affect the Russian economy. But in the long term, this move, along with other actions by European countries, could hamper Russia's economic growth.\" Russian asset prices suffered heavy losses</p><p>With the escalation of the crisis in Ukraine, European and American sanctions and possible further measures have increased the pressure on Russian assets, and Russian asset prices have dropped sharply.</p><p>Credit default swap data shows that the cost of insuring Russian debt has soared to about 342 basis points, from just over 100 basis points in mid-December last year. Popular ETFs that invest in large Russian stocks also sold off on Tuesday, with the $1.4 billion VanEck Russia ETF recording its biggest drop since COVID-19 pandemic hit global markets in March 2020. Meanwhile, the ruble has fallen more than 5% so far this year, making it the world's worst-performing major currency.</p><p><img src=\"https://static.tigerbbs.com/6b3ac1ba99953e5bc31a08e5a309cc5d\" tg-width=\"830\" tg-height=\"468\" referrerpolicy=\"no-referrer\"/></p><p>A senior U.S. government official told reporters that the sanctions imposed on Russia's sovereign debt mainly target the primary market, which is key to the country's fundraising. According to the official, very similar measures have been implemented in Europe. Japanese Prime Minister Fumio Kishida also said Wednesday that he would ban the issuance and sale of new Russian government bonds in Japan.</p><p>According to data from the U.S. Treasury Department, as of December last year, the size of Russian long-term bonds held by U.S. residents was about $14 billion, slightly higher than Turkish bonds, but less than half of Norwegian bonds held by the United States.</p><p>On Tuesday, Russia's eurobonds due 2028 fell 3.7 cents to 136 cents of the dollar face value, the lowest level since 2015, on the back of U.S. sanctions. according to<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Index, the additional yield of Russian sovereign debt relative to U.S. Treasury Bond rose 50 basis points to 330 basis points on Tuesday.</p><p>Investors weigh the impact of sanctions</p><p>The U.S. Treasury Department has warned that sanctions on Russia's sovereign debt market will lead to the risk of global financial turmoil. Now, investors are weighing the possibility of further sanctions and how they will manifest themselves in the market.</p><p>The rally in Russian stocks on Wednesday also underscored warnings that investors saw the sanctions as just a bluff. Guido Chamorro, director of Pictet Asset Management in London, believes that although the sanctions mean Russia will be unable to borrow from abroad for some time, Russia can perfectly \"get by\" without foreign funds.</p><p>In his view, the double balance of payments surplus, low foreign debt level and high foreign exchange reserves mean that Russia is relatively self-sufficient. He believes:</p><p>\"If the sanctions stop here, then we may not see much additional sell order, because the price has been adjusted. However, if the situation escalates further, leading to more and tougher sanctions, then everything is over. From eurobonds to the ruble, tougher sanctions may lead to a bigger downward trend for all Russian assets. Jack McIntyre, portfolio manager at Brandywine Global Investment Management, said:</p><p>\"As long as the existing Russian debt is not included, the market will be fine. Because if necessary, we can choose to sell or increase our positions. These are not severe sanctions, obviously they are intentional.\" Cathy Hepworth, director of PGIM Fixed Income, which manages $72 billion of emerging market debt, wrote:</p><p>\"While this makes it more difficult for Russia to issue foreign debt, they really don't need it. If sanctions increase in the future (such as involving more Russian banks), it may make it more difficult for local banks to repay their debt.\" Emso Asset Management Jens Nystedt, senior asset manager at the company, said:</p><p>\"I think this is only the first round of sanctions, and the United States and Europe will keep a hand depending on the development of the situation.\"</body></html></p>","source":"jssj","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>How big is the impact of Biden's sanctions on Russian sovereign bonds?</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\">\nHow big is the impact of Biden's sanctions on Russian sovereign bonds?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金十数据</strong><span class=\"h-time small\">2022-02-23 23:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>For Russia, sanctions may not hurt in the short term. U.S. sanctions on Russia's sovereign debt have made global investors realize that even if Russia's Treasury Bond have fallen sharply after the escalation of the Ukrainian crisis, they may still fall further in the future.</p><p>While the measures announced by U.S. President Joe Biden did not greatly limit Russia's access to funding, its actions on Tuesday were a warning. Investors remain wary of potentially more sanctions, moves that could affect more Russian banks and even limit the ability of the Russian ruble to convert into foreign currencies.</p><p>Under the sanctions, many U.S.-linked investors will not be able to buy any Russian sovereign bonds newly issued after March 1 in the secondary market, having previously been restricted from purchasing these bonds in the primary market. The primary market appears to be the main target of sanctions, but as Russia considers refinancing activities, this could have a ripple effect on its existing debt and potential future risks.</p><p>Clay Lowery, executive vice president of the International Finance Association, said:</p><p>\"In the short term, this is unlikely to affect the Russian economy. But in the long term, this move, along with other actions by European countries, could hamper Russia's economic growth.\" Russian asset prices suffered heavy losses</p><p>With the escalation of the crisis in Ukraine, European and American sanctions and possible further measures have increased the pressure on Russian assets, and Russian asset prices have dropped sharply.</p><p>Credit default swap data shows that the cost of insuring Russian debt has soared to about 342 basis points, from just over 100 basis points in mid-December last year. Popular ETFs that invest in large Russian stocks also sold off on Tuesday, with the $1.4 billion VanEck Russia ETF recording its biggest drop since COVID-19 pandemic hit global markets in March 2020. Meanwhile, the ruble has fallen more than 5% so far this year, making it the world's worst-performing major currency.</p><p><img src=\"https://static.tigerbbs.com/6b3ac1ba99953e5bc31a08e5a309cc5d\" tg-width=\"830\" tg-height=\"468\" referrerpolicy=\"no-referrer\"/></p><p>A senior U.S. government official told reporters that the sanctions imposed on Russia's sovereign debt mainly target the primary market, which is key to the country's fundraising. According to the official, very similar measures have been implemented in Europe. Japanese Prime Minister Fumio Kishida also said Wednesday that he would ban the issuance and sale of new Russian government bonds in Japan.</p><p>According to data from the U.S. Treasury Department, as of December last year, the size of Russian long-term bonds held by U.S. residents was about $14 billion, slightly higher than Turkish bonds, but less than half of Norwegian bonds held by the United States.</p><p>On Tuesday, Russia's eurobonds due 2028 fell 3.7 cents to 136 cents of the dollar face value, the lowest level since 2015, on the back of U.S. sanctions. according to<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Index, the additional yield of Russian sovereign debt relative to U.S. Treasury Bond rose 50 basis points to 330 basis points on Tuesday.</p><p>Investors weigh the impact of sanctions</p><p>The U.S. Treasury Department has warned that sanctions on Russia's sovereign debt market will lead to the risk of global financial turmoil. Now, investors are weighing the possibility of further sanctions and how they will manifest themselves in the market.</p><p>The rally in Russian stocks on Wednesday also underscored warnings that investors saw the sanctions as just a bluff. Guido Chamorro, director of Pictet Asset Management in London, believes that although the sanctions mean Russia will be unable to borrow from abroad for some time, Russia can perfectly \"get by\" without foreign funds.</p><p>In his view, the double balance of payments surplus, low foreign debt level and high foreign exchange reserves mean that Russia is relatively self-sufficient. He believes:</p><p>\"If the sanctions stop here, then we may not see much additional sell order, because the price has been adjusted. However, if the situation escalates further, leading to more and tougher sanctions, then everything is over. From eurobonds to the ruble, tougher sanctions may lead to a bigger downward trend for all Russian assets. Jack McIntyre, portfolio manager at Brandywine Global Investment Management, said:</p><p>\"As long as the existing Russian debt is not included, the market will be fine. Because if necessary, we can choose to sell or increase our positions. These are not severe sanctions, obviously they are intentional.\" Cathy Hepworth, director of PGIM Fixed Income, which manages $72 billion of emerging market debt, wrote:</p><p>\"While this makes it more difficult for Russia to issue foreign debt, they really don't need it. If sanctions increase in the future (such as involving more Russian banks), it may make it more difficult for local banks to repay their debt.\" Emso Asset Management Jens Nystedt, senior asset manager at the company, said:</p><p>\"I think this is only the first round of sanctions, and the United States and Europe will keep a hand depending on the development of the situation.\"</body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://xnews.jin10.com/details/90384\">金十数据</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b723feb7135a01ca53f3c6edab4b9665","relate_stocks":{},"source_url":"https://xnews.jin10.com/details/90384","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129874331","content_text":"对俄罗斯来说,短期内制裁可能不疼不痒。美国对俄罗斯主权债务的制裁让全球投资者意识到,即使乌克兰危机升级后俄罗斯国债已大幅下跌,但未来仍可能进一步下跌。尽管美国总统拜登宣布的措施并没有极大限制地俄罗斯获得资金,但其周二的行动是一个警告。投资者仍对潜在的更多制裁保持警惕,这些举措可能会影响更多的俄罗斯银行,甚至会限制俄罗斯卢布兑换成外币的能力。根据制裁,许多与美国相关的投资者将不能在二级市场购买3月1日之后新发行的任何俄罗斯主权债券,此前他们已被限制在一级市场购买这些债券。一级市场似乎是制裁的主要目标,但随着俄罗斯考虑再融资活动,这可能就会对其现有债务和未来的潜在风险产生连锁反应。国际金融协会执行副会长Clay Lowery称:“短期内,这不大可能影响俄罗斯经济。但从长远来看,这一举措加上欧洲国家的其他行动,可能会阻碍俄罗斯的经济增长。”俄罗斯资产价格遭受重挫随着乌克兰危机的升级,欧美的制裁以及可能进一步采取的措施,增加了俄罗斯资产面临的压力,俄罗斯的资产价格已经急剧下降。信用违约互换数据显示,俄罗斯债务保险的成本已飙升至约342个基点,去年12月中旬时仅略高于100个基点。周二,投资俄罗斯大型股票的热门ETF也出现抛售,市值达14亿美元的VanEck俄罗斯ETF创下了自2020年3月新冠疫情冲击全球市场以来的最大跌幅。与此同时,卢布今年迄今已下跌逾5%,是全球表现最差的主要货币。美国政府一名高级官员对记者表示,对俄罗斯主权债务实施的制裁主要针对一级市场,而一级市场是国家筹集资金的关键。据这位官员称,欧洲已经实施了非常类似的措施。日本首相岸田文雄周三也表示,他将禁止在日本发行和出售新的俄罗斯政府债券。美国财政部数据显示,截至去年12月,美国居民持有的俄罗斯长期债券规模约为140亿美元,略高于土耳其债券,但不到美国所持挪威债券的一半。周二,受美国制裁措施影响,俄罗斯2028年到期的欧元债券下跌3.7美分,至1美元面值的136美分,为2015年以来的最低水平。根据摩根大通的指数,俄罗斯主权债务相对于美国国债的额外收益率在周二上升了50个基点,至330个基点。投资者权衡制裁的影响美国财政部曾警告称,制裁俄罗斯主权债务市场将导致全球金融面临动荡的风险。现在,投资者正在权衡进一步制裁的可能性,以及这些制裁将如何在市场上表现出来。周三俄罗斯股市的反弹也突显出投资者认为制裁只是虚张声势的警告。Pictet Asset Management驻伦敦的主管Guido Chamorro认为,尽管制裁意味着俄罗斯将在一段时间内无法从国外借款,但俄罗斯完全可以在没有外国资金的情况下“过日子”。在他看来,国际收支双顺差、较低的外债水平和较高的外汇储备意味着俄罗斯相对能够自给自足。他认为:“如果制裁到此为止,那么我们可能不会看到太多额外的卖盘,因价格已经调整完毕。但是,如果局势进一步升级,导致更多更严厉的制裁,那么一切都完了。从欧元债券到卢布,更严厉的制裁可能导致俄罗斯所有资产出现更大的下行趋势。Brandywine Global Investment Management投资组合经理Jack McIntyre表示:“只要不包括现有的俄罗斯债务,市场就会好起来的。因为在必要情况下,我们可以选择出售或增持头寸。这些不是严厉的制裁,显然这是有意为之。”管理着720亿美元的新兴市场债务的PGIM Fixed Income的主管Cathy Hepworth写道:“虽然这让俄罗斯发行外债变得更加困难,但他们真的不需要。如果今后制裁力度加大(比如涉及到更多的俄罗斯银行),这可能会让当地银行更难偿还债务。”Emso资产管理公司高级资产经理Jens Nystedt表示:“我认为这只是第一轮制裁,美国和欧洲将根据事态的发展留一手。”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940532329,"gmtCreate":1678026124862,"gmtModify":1678026129363,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9940532329","repostId":"2317151532","repostType":4,"repost":{"id":"2317151532","kind":"highlight","pubTimestamp":1678005276,"share":"https://ttm.financial/m/news/2317151532?lang=en_US&edition=fundamental","pubTime":"2023-03-05 16:34","market":"hk","language":"zh","title":"Capturing the United States and Japan, Chinese batteries bring lithium iron phosphate to the top stream of electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=2317151532","media":"华尔街见闻","summary":"在中国广受欢迎的磷酸铁锂电池,正逐渐在美国和日本的汽车市场扩大份额。随着纯电动汽车在全球汽车市场的份额逐渐攀升,磷酸铁锂电池也逐渐进入人们的视野并成为焦点。磷酸铁锂电池具有价格低廉、安全性高的优点,还","content":"<p><html><head></head><body>Lithium iron phosphate batteries, which are popular in China, are gradually expanding their share in the automotive markets in the United States and Japan.</p><p>As the share of pure electric vehicles in the global automotive market gradually rises, lithium iron phosphate batteries have gradually entered people's field of vision and become the focus. Lithium iron phosphate batteries have the advantages of low price and high safety. They have also improved the battery capacity through technological improvements, thus extending the original cruising range. They have been very popular among car companies in recent years.</p><p>Research by consulting firm Adamas Intelligence shows that lithium iron phosphate battery technology accounted for about half of the battery capacity sold for electric vehicles in China last year; In the United States, this proportion is only 9%, and even zero the previous year. But that trend is about to change-there are signs that the battery technology, which is popular in China, is entering the electric vehicle markets in the United States and Japan, and seizing the market share of traditional lithium batteries.</p><p><h2>The United States sets off a \"wave\" of lithium iron phosphate batteries</h2>Recently, start-up Our Next Energy announced that it will begin producing lithium iron phosphate batteries in Michigan. The company will continue to expand after the new $1.6 billion plant goes online next year; By 2027, the company plans to supply enough lithium iron phosphate batteries for 200,000 electric vehicles.</p><p>According to media reports, Adamas Intelligence founder Ryan Castilloux said,<b>Lithium iron phosphate batteries have undoubtedly set off a second wave in the battery industry, and this wave is starting to move westward.</b></p><p>Alla Kolesnikova, head of data and analytics at Adamas Intelligence, said that while lithium iron phosphate batteries account for no more than 20% of the announced battery production capacity in the United States, the consulting firm expects that,<b>All major automakers will tend to use the battery on entry-level EVs; By the middle of the next decade, the share of lithium iron phosphate batteries in the United States will increase to nearly 30%.</b></p><p>According to<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>It is predicted that judging from the share of batteries for pure electric vehicles in 2025, lithium iron phosphate batteries will reach 36%, 14 percentage points higher than in 2020.</p><p>U.S. battery start-up Kore Power also predicts that the demand for lithium iron phosphate batteries in the United States will continue to grow. The plant the company plans to open in Arizona by the end of 2024 will have two assembly lines, one for one of the mainstream lithium-ion batteries-nickel-manganese-cobalt (NMC), and the other for lithium iron phosphate batteries.</p><p>American automakers<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>And<a href=\"https://laohu8.com/S/F\">Ford Motor</a>Etc. are also promoting the use of lithium iron phosphate batteries. Last month,<a href=\"https://laohu8.com/S/300750\">Ningde era</a>At the same time, Ford Motor announced that the two parties will cooperate in building a new power battery factory in Michigan, USA, to produce lithium iron phosphate batteries, with an investment of up to US $3.5 billion in the new factory. CATL will provide technical and service support for its production and license patented battery technologies; Ford engineers will be responsible for the integration of batteries and vehicles, and some equipment will come from China.</p><p><a href=\"https://laohu8.com/S/GM\">General Motors</a>An executive said in February that the company is also exploring the possibility of using lithium iron phosphate batteries to reduce costs.</p><p><h2>Lithium iron phosphate battery enters Japanese auto market</h2>According to Japanese media reports, on February 3, Okayama Prefecture, Japan launched a plan to build Japan's largest battery factory, which is scheduled to be put into operation in 2024. The annual battery production capacity is 5 GWh (1 GW is 1 billion watts) and can store 450,000 The electricity consumption of 50,000 households in a day.</p><p>Leading the project is PowerX, a renewable energy start-up established in 2021 (located in Minato-ku, Tokyo). As the driving force, PowerX has set its sights on lithium iron phosphate batteries, instead of the current mainstream product of fixed batteries-ternary lithium batteries using cobalt or nickel. The company will use fixed lithium iron phosphate batteries mass-produced in the new factory and strive to build 7,000 pure electric vehicle charging equipment in Japan by 2030.</p><p><h2>Chinese companies accelerate expansion</h2>Data shows that Chinese companies have an overwhelming advantage in the field of automotive batteries as the main battlefield.</p><p>Data from the South Korean SNE survey show that in terms of vehicle battery usage from January to November 2022,<b>The first place is CATL, and the second place is<a href=\"https://laohu8.com/S/002594\">BYD</a>, the top two places are occupied by Chinese companies. Among the top ten enterprises in the world, there are 6 Chinese enterprises, with a total share of more than 60%.</b></p><p>At the same time, China also leads the rest of the world in terms of the expansion speed of the electric vehicle market. After 2010, China issued subsidies to new energy vehicles such as pure electric vehicles, and also provided preferential treatment in the location selection of battery factories, accelerating the expansion of the battery industry.</p><p>In terms of technological innovation of lithium iron phosphate batteries, China's Contemporary Amperex Technology Co., Limited, the world's largest vehicle battery company, is also leading the way.</p><p>In July 2022, Wu Kai, chief scientist of CATL, said that the company's battery can make pure electric vehicles last more than 700 kilometers on a single charge. CATL will launch the \"M3P\" battery improved from lithium iron phosphate battery in 2023. The range can exceed that of major pure electric vehicles such as Nissan's \"Leaf\".</p><p><h2>Why lithium iron phosphate batteries?</h2>Lithium iron phosphate batteries are a form of lithium-ion batteries, which are \"cobalt-free\" batteries that use lithium, iron, and phosphorus. The electric vehicle batteries currently sold in the United States are mainly mainstream lithium-ion batteries such as nickel-manganese-cobalt NMC or nickel-cobalt-aluminum (NCA).</p><p>Until then, lithium iron phosphate batteries had been less popular in the United States because they had worse endurance than batteries like NMC, but could be recharged more times before their performance dropped significantly. Chloe Herrera, chief battery analyst at Lux Research, said endurance is seen as too important for U.S. drivers to sacrifice it for price: \"In the U.S. battery industry, if you talked to anyone four years ago, no one would recommend you use lithium iron phosphate batteries in your car.\"</p><p>One factor driving new interest in lithium iron phosphate technology in the United States is that,<b>The cost of nickel-rich batteries is much higher than lithium iron phosphate battery technology. As electric vehicle sales grow, so do the costs of rare metals such as nickel and cobalt.</b></p><p>In the past three years, the price of nickel has more than doubled; When the Russia-Ukraine conflict broke out a year ago, nickel prices also soared. On the other hand, most of the world's cobalt is mined in the Democratic Republic of the Congo, where working conditions are very poor. Between 2020 and 2022, cobalt prices also rose sharply before falling back to levels they were about three years ago. As a typical \"cobalt-free battery\", the advantages of lithium iron phosphate battery can be seen.</p><p><b>As patents expire, the price of lithium iron phosphate battery technology has also become cheaper in the United States.</b>In addition, the adoption of public charging stations, driven by federal government subsidies, will accelerate, potentially reducing driver concerns about battery life. From a safety point of view, lithium iron phosphate batteries are also less likely to catch fire than nickel-rich batteries.</p><p>Risk warning and disclaimer clause</p><p>The market is risky, so investment needs to be cautious. This article does not constitute personal investment advice, nor does it take into account the special investment objectives, financial situation or needs of individual users. Users should consider whether any opinions, opinions or conclusions in this article are appropriate for their particular circumstances. Invest accordingly at your own responsibility.</p><p></body></html></p>","source":"wallstreetcn_api","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>Capturing the United States and Japan, Chinese batteries bring lithium iron phosphate to the top stream of electric cars</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\">\nCapturing the United States and Japan, Chinese batteries bring lithium iron phosphate to the top stream of electric cars\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-03-05 16:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Lithium iron phosphate batteries, which are popular in China, are gradually expanding their share in the automotive markets in the United States and Japan.</p><p>As the share of pure electric vehicles in the global automotive market gradually rises, lithium iron phosphate batteries have gradually entered people's field of vision and become the focus. Lithium iron phosphate batteries have the advantages of low price and high safety. They have also improved the battery capacity through technological improvements, thus extending the original cruising range. They have been very popular among car companies in recent years.</p><p>Research by consulting firm Adamas Intelligence shows that lithium iron phosphate battery technology accounted for about half of the battery capacity sold for electric vehicles in China last year; In the United States, this proportion is only 9%, and even zero the previous year. But that trend is about to change-there are signs that the battery technology, which is popular in China, is entering the electric vehicle markets in the United States and Japan, and seizing the market share of traditional lithium batteries.</p><p><h2>The United States sets off a \"wave\" of lithium iron phosphate batteries</h2>Recently, start-up Our Next Energy announced that it will begin producing lithium iron phosphate batteries in Michigan. The company will continue to expand after the new $1.6 billion plant goes online next year; By 2027, the company plans to supply enough lithium iron phosphate batteries for 200,000 electric vehicles.</p><p>According to media reports, Adamas Intelligence founder Ryan Castilloux said,<b>Lithium iron phosphate batteries have undoubtedly set off a second wave in the battery industry, and this wave is starting to move westward.</b></p><p>Alla Kolesnikova, head of data and analytics at Adamas Intelligence, said that while lithium iron phosphate batteries account for no more than 20% of the announced battery production capacity in the United States, the consulting firm expects that,<b>All major automakers will tend to use the battery on entry-level EVs; By the middle of the next decade, the share of lithium iron phosphate batteries in the United States will increase to nearly 30%.</b></p><p>According to<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>It is predicted that judging from the share of batteries for pure electric vehicles in 2025, lithium iron phosphate batteries will reach 36%, 14 percentage points higher than in 2020.</p><p>U.S. battery start-up Kore Power also predicts that the demand for lithium iron phosphate batteries in the United States will continue to grow. The plant the company plans to open in Arizona by the end of 2024 will have two assembly lines, one for one of the mainstream lithium-ion batteries-nickel-manganese-cobalt (NMC), and the other for lithium iron phosphate batteries.</p><p>American automakers<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>And<a href=\"https://laohu8.com/S/F\">Ford Motor</a>Etc. are also promoting the use of lithium iron phosphate batteries. Last month,<a href=\"https://laohu8.com/S/300750\">Ningde era</a>At the same time, Ford Motor announced that the two parties will cooperate in building a new power battery factory in Michigan, USA, to produce lithium iron phosphate batteries, with an investment of up to US $3.5 billion in the new factory. CATL will provide technical and service support for its production and license patented battery technologies; Ford engineers will be responsible for the integration of batteries and vehicles, and some equipment will come from China.</p><p><a href=\"https://laohu8.com/S/GM\">General Motors</a>An executive said in February that the company is also exploring the possibility of using lithium iron phosphate batteries to reduce costs.</p><p><h2>Lithium iron phosphate battery enters Japanese auto market</h2>According to Japanese media reports, on February 3, Okayama Prefecture, Japan launched a plan to build Japan's largest battery factory, which is scheduled to be put into operation in 2024. The annual battery production capacity is 5 GWh (1 GW is 1 billion watts) and can store 450,000 The electricity consumption of 50,000 households in a day.</p><p>Leading the project is PowerX, a renewable energy start-up established in 2021 (located in Minato-ku, Tokyo). As the driving force, PowerX has set its sights on lithium iron phosphate batteries, instead of the current mainstream product of fixed batteries-ternary lithium batteries using cobalt or nickel. The company will use fixed lithium iron phosphate batteries mass-produced in the new factory and strive to build 7,000 pure electric vehicle charging equipment in Japan by 2030.</p><p><h2>Chinese companies accelerate expansion</h2>Data shows that Chinese companies have an overwhelming advantage in the field of automotive batteries as the main battlefield.</p><p>Data from the South Korean SNE survey show that in terms of vehicle battery usage from January to November 2022,<b>The first place is CATL, and the second place is<a href=\"https://laohu8.com/S/002594\">BYD</a>, the top two places are occupied by Chinese companies. Among the top ten enterprises in the world, there are 6 Chinese enterprises, with a total share of more than 60%.</b></p><p>At the same time, China also leads the rest of the world in terms of the expansion speed of the electric vehicle market. After 2010, China issued subsidies to new energy vehicles such as pure electric vehicles, and also provided preferential treatment in the location selection of battery factories, accelerating the expansion of the battery industry.</p><p>In terms of technological innovation of lithium iron phosphate batteries, China's Contemporary Amperex Technology Co., Limited, the world's largest vehicle battery company, is also leading the way.</p><p>In July 2022, Wu Kai, chief scientist of CATL, said that the company's battery can make pure electric vehicles last more than 700 kilometers on a single charge. CATL will launch the \"M3P\" battery improved from lithium iron phosphate battery in 2023. The range can exceed that of major pure electric vehicles such as Nissan's \"Leaf\".</p><p><h2>Why lithium iron phosphate batteries?</h2>Lithium iron phosphate batteries are a form of lithium-ion batteries, which are \"cobalt-free\" batteries that use lithium, iron, and phosphorus. The electric vehicle batteries currently sold in the United States are mainly mainstream lithium-ion batteries such as nickel-manganese-cobalt NMC or nickel-cobalt-aluminum (NCA).</p><p>Until then, lithium iron phosphate batteries had been less popular in the United States because they had worse endurance than batteries like NMC, but could be recharged more times before their performance dropped significantly. Chloe Herrera, chief battery analyst at Lux Research, said endurance is seen as too important for U.S. drivers to sacrifice it for price: \"In the U.S. battery industry, if you talked to anyone four years ago, no one would recommend you use lithium iron phosphate batteries in your car.\"</p><p>One factor driving new interest in lithium iron phosphate technology in the United States is that,<b>The cost of nickel-rich batteries is much higher than lithium iron phosphate battery technology. As electric vehicle sales grow, so do the costs of rare metals such as nickel and cobalt.</b></p><p>In the past three years, the price of nickel has more than doubled; When the Russia-Ukraine conflict broke out a year ago, nickel prices also soared. On the other hand, most of the world's cobalt is mined in the Democratic Republic of the Congo, where working conditions are very poor. Between 2020 and 2022, cobalt prices also rose sharply before falling back to levels they were about three years ago. As a typical \"cobalt-free battery\", the advantages of lithium iron phosphate battery can be seen.</p><p><b>As patents expire, the price of lithium iron phosphate battery technology has also become cheaper in the United States.</b>In addition, the adoption of public charging stations, driven by federal government subsidies, will accelerate, potentially reducing driver concerns about battery life. From a safety point of view, lithium iron phosphate batteries are also less likely to catch fire than nickel-rich batteries.</p><p>Risk warning and disclaimer clause</p><p>The market is risky, so investment needs to be cautious. This article does not constitute personal investment advice, nor does it take into account the special investment objectives, financial situation or needs of individual users. Users should consider whether any opinions, opinions or conclusions in this article are appropriate for their particular circumstances. Invest accordingly at your own responsibility.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3683316\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/71508db02e3f35325f3ef64850795280","relate_stocks":{"NCA":"纽文加州市政价值基金"},"source_url":"https://wallstreetcn.com/articles/3683316","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2317151532","content_text":"在中国广受欢迎的磷酸铁锂电池,正逐渐在美国和日本的汽车市场扩大份额。随着纯电动汽车在全球汽车市场的份额逐渐攀升,磷酸铁锂电池也逐渐进入人们的视野并成为焦点。磷酸铁锂电池具有价格低廉、安全性高的优点,还通过技术提升改进了电池容量,从而延长了原本的续航里程,近年来十分受车企的青睐。咨询公司 Adamas Intelligence 的研究显示,去年,磷酸铁锂电池技术占中国销售电动汽车电池容量的一半左右;而在美国这一比例仅为9%,在前一年甚至为零。但这一趋势即将发生变化——种种迹象显示,这项在中国风靡的电池技术正在进军美国和日本的电动汽车市场,并抢占传统锂电池的市场份额。美国掀起磷酸铁锂电池的“浪潮”近日,初创企业 Our Next Energy 宣布将开始在密歇根州生产磷酸铁锂电池。在明年16亿美元的新工厂投产后,该公司将继续进行扩张;到2027年,该公司计划为20万辆电动汽车提供足够的磷酸铁锂电池。据媒体报道,Adamas Intelligence 创始人 Ryan Castilloux 表示,磷酸铁锂电池无疑在电池行业掀起了第二次浪潮,而这一浪潮正开始向西方移动。Adamas Intelligence的数据和分析主管 Alla Kolesnikova 表示,虽然在美国已宣布的电池产能中,磷酸铁锂电池的比例不超过20%,但该咨询公司预计,所有主要汽车制造商都将倾向于在入门级电动汽车上使用该电池;在下一个十年的中期,美国磷酸铁锂电池的份额将提高至接近30%。据高盛预测,从2025年的纯电动汽车用电池份额来看,磷酸铁锂电池将达到36%,比2020年高出14个百分点。美国电池初创企业 Kore Power 也预计,美国对磷酸铁锂电池的需求将不断增长。该公司计划于2024年底在亚利桑那州开设的工厂将有两条装配线,一条用于主流锂离子电池之一——镍锰钴(NMC),另一条用于磷酸铁锂电池。美国汽车制造商特斯拉和福特汽车等也正在推进采用磷酸铁锂电池。上个月,宁德时代和福特汽车同时宣布,双方将在美国密歇根州新建动力电池工厂合作生产磷酸铁锂电池,新工厂投资高达35亿美元。宁德时代将为其生产提供技术与服务支持,就电池专利技术进行许可;福特工程师将会负责电芯与整车集成工作,部分设备来自中国。通用汽车的一位高管在2月份表示,该公司也正在探索使用磷酸铁锂电池来降低成本的可能性。磷酸铁锂电池进军日本车市据日媒报道,2月3日,日本冈山县启动了新建日本最大规模蓄电池工厂的计划,预定2024年投产,蓄电池年产能为5吉瓦时(1吉瓦为10亿瓦),可储存45万户家庭一天的用电量。主导该项目的是2021年成立的可再生能源初创企业 PowerX(位于东京都港区)。作为原动力,PowerX 将目光投向了磷酸铁锂电池,而不是目前固定型蓄电池的主流产品——使用钴或镍的三元锂电池。该公司将使用新工厂量产的固定型磷酸铁锂电池,力争2030年前在日本建设7000处纯电动汽车充电设备。中国企业加速扩张数据显示,在作为主战场的车载用电池领域,中国企业占据压倒性优势。韩国SNE调查的数据显示,在2022年1至11月车载电池使用量上,排在第一的是宁德时代,第二位是比亚迪,前两位都被中国企业占据。全球份额前十的企业中,中国企业有6家,总份额超过6成。与此同时,中国在电动汽车市场的扩张速度方面也领跑全球其他国家。2010年以后,中国向纯电动汽车等新能源汽车发放补贴,在电池工厂的选址等方面也提供优惠,电池产业加快扩大。在磷酸铁锂电池的技术革新方面,一马当先的也是全球最大的车载电池企业——中国的宁德时代。2022年7月,宁德时代首席科学家吴凯表示,该公司的电池充电一次可以使纯电动汽车续航700公里以上。宁德时代将于2023年推出由磷酸铁锂电池改进而来的“M3P”电池。续航距离可超过日产汽车的“Leaf”等主要纯电动汽车。为什么是磷酸铁锂电池?磷酸铁锂电池是锂离子电池的一种形式,是使用锂、铁、磷的“无钴”电池。美国目前销售的电动汽车电池主要是镍锰钴NMC或镍钴铝(NCA)这种主流锂离子电池。在此之前,磷酸铁锂电池在美国一直不太受欢迎,因为它的续航能力比NMC等电池更差,但在性能大幅下降之前可以充电更多次。Lux Research 首席电池分析师 Chloe Herrera 说,对于美国司机来说,续航能力被视为太重要了,不能为了价格而牺牲它:“在美国电池行业,如果你在四年前与任何人交谈,没有人会建议你在汽车上使用磷酸铁锂电池。”而推动美国对磷酸铁锂技术产生新兴趣的一个因素是,富镍电池的成本远高于磷酸铁锂电池技术。随着电动汽车销量的增长,镍和钴等稀有金属的成本也在上升。在过去三年里,镍的价格翻了一倍多;一年前俄乌冲突爆发时,镍价也大幅飙升。而另一边,世界上大部分的钴都是在刚果民主共和国开采的,那里工作条件十分恶劣。在2020年至2022年期间,钴价也大幅上涨,然后才回落至大约三年前的水平。作为典型的“无钴电池”,磷酸铁锂电池的优势可见一斑。随着专利到期,磷酸铁锂电池技术的价格在美国也变得更加低廉。此外,在联邦政府补贴的推动下,公共充电站的普及将会加速,可能会减少司机对电池续航能力的担忧。从安全性上来看,磷酸铁锂电池也比富镍电池更不容易着火。风险提示及免责条款市场有风险,投资需谨慎。本文不构成个人投资建议,也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资,责任自负。","news_type":1,"symbols_score_info":{"NCA":1}},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940234733,"gmtCreate":1677937420322,"gmtModify":1677937425446,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] 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","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954386146","repostId":"1139717943","repostType":4,"isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955665214,"gmtCreate":1675395024438,"gmtModify":1676538999268,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955665214","repostId":"1169097980","repostType":4,"repost":{"id":"1169097980","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":1675394707,"share":"https://ttm.financial/m/news/1169097980?lang=en_US&edition=fundamental","pubTime":"2023-02-03 11:25","market":"us","language":"zh","title":"Large option order | Too hot! The total trading volume of options soared 44% to 63 million contracts; Meta and Sister Mumu turned over, and the option transaction increased by about 4 times","url":"https://stock-news.laohu8.com/highlight/detail?id=1169097980","media":"老虎资讯综合","summary":"周四,期权市场总成交量6304.1万张合约,环比前一交易日暴涨44%,远高于90日平均成交量,其中看涨期权占比60%;财报利好推动Meta股价暴涨逾23%,期权成交激增至200.8万张,较90日平均成","content":"<p><html><head></head><body>On Thursday, the total trading volume of the options market was 63.041 million contracts, a surge of 44% from the previous trading day, much higher than the 90-day average trading volume, of which call options accounted for 60%; The positive financial report pushed Meta's stock price to soar by more than 23%, and option transactions surged to 2.008 million contracts, nearly 4 times larger than the 90-day average trading volume; With the counterattack of technology stocks, ARKK surged by more than 40% at the beginning of the year, and option trading on Thursday was more than 4 times higher than the 90-day average trading volume > > ><b>1. Market Overview (February 2)</b></p><p>Driven by the astonishing 23% increase of social media platform Meta, U.S. stocks diverged on Thursday, and the recovery of the year-to-date growth sector continued further. As of the close, the Nasdaq index closed up 3.25% at 12,200.82 points; The S&P 500 rose 1.47% to 4,179.76 points; The Dow Jones fell 0.11% to 34,053.94 points.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aadf0da525f6c190326123483b5109d8\" tg-width=\"970\" tg-height=\"157\" referrerpolicy=\"no-referrer\"/><span>Data source: Tiger International</span></p><p>According to statistics, as of Thursday's close, the Nasdaq Composite Index has gained nearly 16% year-to-date, its best start since 1975. But that trend will be challenged as several tech giants report miss-than-expected earnings after hours on Thursday.</p><p>The total trading volume of the options market was 63.041 million contracts, a 44% increase from the previous trading day (43.778 million contracts), much higher than the 90-day average trading volume (40.0803 million contracts), of which call options accounted for 60%.</p><p><b>2. Total option transaction volume TOP10</b></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/515101449aa3a93cc8d0e1392588a491\" tg-width=\"1242\" tg-height=\"2139\" referrerpolicy=\"no-referrer\"/><span>Data source: Tiger International</span></p><p><a href=\"https://laohu8.com/S/SPY\">S&P Index ETF</a>9.115 million options contracts were traded, of which call options accounted for 44.5%;<a href=\"https://laohu8.com/S/QQQ\">Nasdaq 100 ETF</a>3.746 million options contracts were traded, of which call options accounted for 47.5%;</p><p>Large technology stocks generally rose overnight,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>、<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>、<a href=\"https://laohu8.com/S/META\">Meta</a>、<a href=\"https://laohu8.com/S/AAPL\">Apple</a>、<a href=\"https://laohu8.com/S/GOOGL\">Google A</a>The trading volume of options surged, with 3.363 million, 2.11 million, 2.008 million, 1.652 million, and 903,000 traded respectively;</p><p><b>3. Observation of changes</b></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/02995b3ccb6640dc2dc2a6690dc63c36\" tg-width=\"1266\" tg-height=\"507\" referrerpolicy=\"no-referrer\"/><span>Data Source : Market Chameleon</span></p><p>Driven by positive financial reports<a href=\"https://laohu8.com/S/META\">Meta</a>The stock price soared by more than 23% overnight, and the option trading volume surged to 2.008 million contracts, nearly 4 times larger than the 90-day average trading volume, and call options accounted for more than 60%; Among them, the trading volume of the $190 strike price call option expiring on February 3, 2023 was particularly high, with a trading volume of 97,000 contracts;</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35e636eb6f82931e085be6cb052b1447\" tg-width=\"1579\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/><span>Data Source : Market Chameleon</span></p><p><a href=\"https://laohu8.com/S/ARKK\">Ark Innovation ETF</a>It rose 6.52% overnight. It is worth noting that with the counterattack of technology stocks, ARKK has risen by more than 40% this year; On Thursday, 714,900 options were traded, more than 4 times larger than the 90-day average trading volume, and call options accounted for 56%; Among them, the trading volume of the $48 strike call option expiring on February 3, 2023 was particularly high, with 88,900 contracts traded.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd8347738add601247d79a1f88679b1c\" tg-width=\"1581\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/><span>Data Source : Market Chameleon</span></p><p></body></html></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>Large option order | Too hot! The total trading volume of options soared 44% to 63 million contracts; Meta and Sister Mumu turned over, and the option transaction increased by about 4 times</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\">\nLarge option order | Too hot! The total trading volume of options soared 44% to 63 million contracts; Meta and Sister Mumu turned over, and the option transaction increased by about 4 times\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\">2023-02-03 11:25</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On Thursday, the total trading volume of the options market was 63.041 million contracts, a surge of 44% from the previous trading day, much higher than the 90-day average trading volume, of which call options accounted for 60%; The positive financial report pushed Meta's stock price to soar by more than 23%, and option transactions surged to 2.008 million contracts, nearly 4 times larger than the 90-day average trading volume; With the counterattack of technology stocks, ARKK surged by more than 40% at the beginning of the year, and option trading on Thursday was more than 4 times higher than the 90-day average trading volume > > ><b>1. Market Overview (February 2)</b></p><p>Driven by the astonishing 23% increase of social media platform Meta, U.S. stocks diverged on Thursday, and the recovery of the year-to-date growth sector continued further. As of the close, the Nasdaq index closed up 3.25% at 12,200.82 points; The S&P 500 rose 1.47% to 4,179.76 points; The Dow Jones fell 0.11% to 34,053.94 points.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aadf0da525f6c190326123483b5109d8\" tg-width=\"970\" tg-height=\"157\" referrerpolicy=\"no-referrer\"/><span>Data source: Tiger International</span></p><p>According to statistics, as of Thursday's close, the Nasdaq Composite Index has gained nearly 16% year-to-date, its best start since 1975. But that trend will be challenged as several tech giants report miss-than-expected earnings after hours on Thursday.</p><p>The total trading volume of the options market was 63.041 million contracts, a 44% increase from the previous trading day (43.778 million contracts), much higher than the 90-day average trading volume (40.0803 million contracts), of which call options accounted for 60%.</p><p><b>2. Total option transaction volume TOP10</b></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/515101449aa3a93cc8d0e1392588a491\" tg-width=\"1242\" tg-height=\"2139\" referrerpolicy=\"no-referrer\"/><span>Data source: Tiger International</span></p><p><a href=\"https://laohu8.com/S/SPY\">S&P Index ETF</a>9.115 million options contracts were traded, of which call options accounted for 44.5%;<a href=\"https://laohu8.com/S/QQQ\">Nasdaq 100 ETF</a>3.746 million options contracts were traded, of which call options accounted for 47.5%;</p><p>Large technology stocks generally rose overnight,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>、<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>、<a href=\"https://laohu8.com/S/META\">Meta</a>、<a href=\"https://laohu8.com/S/AAPL\">Apple</a>、<a href=\"https://laohu8.com/S/GOOGL\">Google A</a>The trading volume of options surged, with 3.363 million, 2.11 million, 2.008 million, 1.652 million, and 903,000 traded respectively;</p><p><b>3. Observation of changes</b></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/02995b3ccb6640dc2dc2a6690dc63c36\" tg-width=\"1266\" tg-height=\"507\" referrerpolicy=\"no-referrer\"/><span>Data Source : Market Chameleon</span></p><p>Driven by positive financial reports<a href=\"https://laohu8.com/S/META\">Meta</a>The stock price soared by more than 23% overnight, and the option trading volume surged to 2.008 million contracts, nearly 4 times larger than the 90-day average trading volume, and call options accounted for more than 60%; Among them, the trading volume of the $190 strike price call option expiring on February 3, 2023 was particularly high, with a trading volume of 97,000 contracts;</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35e636eb6f82931e085be6cb052b1447\" tg-width=\"1579\" tg-height=\"383\" referrerpolicy=\"no-referrer\"/><span>Data Source : Market Chameleon</span></p><p><a href=\"https://laohu8.com/S/ARKK\">Ark Innovation ETF</a>It rose 6.52% overnight. It is worth noting that with the counterattack of technology stocks, ARKK has risen by more than 40% this year; On Thursday, 714,900 options were traded, more than 4 times larger than the 90-day average trading volume, and call options accounted for 56%; Among them, the trading volume of the $48 strike call option expiring on February 3, 2023 was particularly high, with 88,900 contracts traded.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd8347738add601247d79a1f88679b1c\" tg-width=\"1581\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/><span>Data Source : Market Chameleon</span></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{"AMZN":"亚马逊","ARKK":"ARK Innovation ETF","SPY":"标普500ETF","META":"Meta Platforms, Inc.","AAPL":"苹果","QQQ":"纳指100ETF","TSLA":"特斯拉","GOOGL":"谷歌A"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169097980","content_text":"周四,期权市场总成交量6304.1万张合约,环比前一交易日暴涨44%,远高于90日平均成交量,其中看涨期权占比60%;财报利好推动Meta股价暴涨逾23%,期权成交激增至200.8万张,较90日平均成交量放大近4倍;伴随着科技股逆袭,ARKK开年暴涨逾40%,周四期权成交较90日平均成交量放大逾4倍>>>一、市场概览 (2月2日)在社交媒体平台Meta 23%的惊人涨幅带动下,周四美股出现分化行情,年初至今成长板块的修复进一步延续。截至收盘,纳斯达克指数收涨3.25%,报12200.82点;标普500指数涨1.47%,报4179.76点;道琼斯指跌0.11%,报34053.94点。数据来源:老虎国际据统计,截至周四收盘,纳斯达克综合指数年初至今的涨幅接近16%,为1975年以来的最佳开局。但随着周四盘后多家科技巨头报告不及预期的财报,这一趋势将受到挑战。期权市场总成交量6304.1万张合约,环比前一交易日(4377.8万张合约)暴涨44%,远高于90日平均成交量(4008.03万张合约),其中看涨期权占比60%。二、期权成交总量TOP10数据来源:老虎国际标普指数ETF期权成交911.5万张合约,其中看涨期权占比44.5%;纳指100ETF期权成交374.6万张合约,其中看涨期权占比47.5%;隔夜大型科技股普涨,特斯拉、亚马逊、Meta、苹果、谷歌A期权成交量激增,分别成交336.3万张、211万张、200.8万张、165.2万张、90.3万张;三、异动观察数据来源:Market Chameleon财报利好推动Meta隔夜股价暴涨逾23%,期权成交激增至200.8万张,较90日平均成交量放大近4倍,看涨期权占比逾60%;其中2023年2月3日到期的190美元行使价看涨期权的成交量特别高,成交量为9.7万张;数据来源:Market ChameleonArk Innovation ETF隔夜大涨6.52%,值得注意的是,伴随着科技股的逆袭,今年以来ARKK涨幅已涨超40%;周四期权成交71.49万张,较90日平均成交量放大逾4倍,看涨期权占比56%;其中2023年2月3日到期的48美元行使价看涨期权的成交量特别高,成交量为8.89万张。数据来源:Market Chameleon","news_type":1,"symbols_score_info":{"ARKK":0.9,"META":0.9,"GOOGL":0.9,"TSLA":0.9,"QQQ":0.9,"AMZN":0.9,"AAPL":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952765662,"gmtCreate":1674998584956,"gmtModify":1676538969943,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952765662","repostId":"1130242156","repostType":4,"repost":{"id":"1130242156","kind":"news","pubTimestamp":1674994801,"share":"https://ttm.financial/m/news/1130242156?lang=en_US&edition=fundamental","pubTime":"2023-01-29 20:20","market":"us","language":"zh","title":"ASML reports new developments on restricted sales of chip manufacturing equipment from the United States, the Netherlands, and Japan to China","url":"https://stock-news.laohu8.com/highlight/detail?id=1130242156","media":"财新网","summary":"包括但不限于先进制程的光刻系统。","content":"<p><html><head></head><body>Text | Liu Peilin Du Zhihang Qu Yunxu</p><p>Negotiations between the United States, the Netherlands, and Japan on restricting the sale of chip manufacturing equipment to China have made progress. In response to previous media reports that the United States, the Netherlands, and Japan reached an agreement, the Dutch lithography giant<a href=\"https://laohu8.com/S/ASML\">ASML</a>In a statement sent to Caixin on January 29, it was said that it was aware of the latest progress between several governments in reaching an agreement focusing on advanced process chip manufacturing technology, which will include but are not limited to advanced process photolithography system.</p><p>In the statement, ASML also said that before the agreement officially comes into effect, it will still take some time to further refine the relevant specific content and put it into legislation. ASML does not expect these measures to have a material impact on 2023 performance expectations.</p><p></body></html></p>","source":"cxw","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>ASML reports new developments on restricted sales of chip manufacturing equipment from the United States, the Netherlands, and Japan to China</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\">\nASML reports new developments on restricted sales of chip manufacturing equipment from the United States, the Netherlands, and Japan to China\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">财新网</strong><span class=\"h-time small\">2023-01-29 20:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Text | Liu Peilin Du Zhihang Qu Yunxu</p><p>Negotiations between the United States, the Netherlands, and Japan on restricting the sale of chip manufacturing equipment to China have made progress. In response to previous media reports that the United States, the Netherlands, and Japan reached an agreement, the Dutch lithography giant<a href=\"https://laohu8.com/S/ASML\">ASML</a>In a statement sent to Caixin on January 29, it was said that it was aware of the latest progress between several governments in reaching an agreement focusing on advanced process chip manufacturing technology, which will include but are not limited to advanced process photolithography system.</p><p>In the statement, ASML also said that before the agreement officially comes into effect, it will still take some time to further refine the relevant specific content and put it into legislation. ASML does not expect these measures to have a material impact on 2023 performance expectations.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://www.caixin.com/2023-01-29/101992615.html\">财新网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c9a5bf70230b34046657c91800556952","relate_stocks":{"ASML":"阿斯麦"},"source_url":"https://www.caixin.com/2023-01-29/101992615.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130242156","content_text":"文|刘沛林 杜知航 屈运栩美国、荷兰、日本关于对华限售芯片制造设备的谈判取得了进展。针对媒体此前对美、荷、日达成协定的报道,荷兰光刻机巨头阿斯麦在1月29日发给财新的一份声明中称,已知悉几国政府间就达成一项侧重于先进制程芯片制造技术的协议有了最新进展,其中将包括但不限于先进制程的光刻系统。在声明中,阿斯麦同时表示在协议正式生效前,还需进一步细化相关具体内容并付诸立法,仍需一定时间。阿斯麦预计这些措施不会对2023年的业绩预期产生实质性影响。","news_type":1,"symbols_score_info":{"ASML":0.9}},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952695190,"gmtCreate":1674669088810,"gmtModify":1676538951913,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952695190","repostId":"1137657820","repostType":4,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956217123,"gmtCreate":1674011837762,"gmtModify":1676538916074,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956217123","repostId":"1125040693","repostType":4,"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958526711,"gmtCreate":1673782836233,"gmtModify":1676538884842,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9958526711","repostId":"1134981435","repostType":4,"repost":{"id":"1134981435","kind":"news","weMediaInfo":{"introduction":"美股研究社,一个专注研究美股的平台,专业的美股投资人都在这。想了解美国股市行情、美股开户、美股资讯、美股公司;想获得一手美股重磅信息;想加入美股交流社群,敬请关注我们吧。","home_visible":0,"media_name":"美股研究社","id":"1074069735","head_image":"https://static.tigerbbs.com/e09c69c7ea1d4781a9de127f9b375dd6"},"pubTimestamp":1673776814,"share":"https://ttm.financial/m/news/1134981435?lang=en_US&edition=fundamental","pubTime":"2023-01-15 18:00","market":"us","language":"zh","title":"The performance disclosure period will be ushered in again, and Nvidia is \"worried\"?","url":"https://stock-news.laohu8.com/highlight/detail?id=1134981435","media":"美股研究社","summary":"英伟达公布的第三季度业绩喜忧参半,并计划于2023年2月22日公布其23财年第四季度财务业绩。第三季度收入降至59.3亿美元,新的出口管制措施和挥之不去的供应链中断给它的营收带来了压力,我预计这些逆风","content":"<p><html><head></head><body><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>Reported mixed third-quarter results and is scheduled to report its fourth-quarter fiscal '23 financial results on February 22, 2023. Revenue fell to $5.93 billion in the third quarter, and new export controls and lingering supply chain disruptions weighed on its top line, and I expect those headwinds to continue into the fourth quarter.</p><p>In addition, gaming revenue fell 51% from the same period last year. This could have something to do with cryptocurrency headwinds, another headwind I expect to continue into 2023.</p><p>Finally, profits were also dragged down by high inflation, higher compensation expenses, growing headcount, and higher infrastructure spending. On the plus side, the negative impact from the above headwinds was partially offset by higher demand from cloud providers and the automotive industry. In particular, the automotive business performed very well, with revenue increasing 86% year-over-year.</p><p>Overall, I think Nvidia's outlook is pretty uncertain, and I don't expect much of a recovery for Nvidia in the fourth quarter. I expect the global PC market to continue to be weak in the fourth quarter. The global PC market has experienced unexpected growth due to Covid-19.</p><p>PC demand re-normalizes, and even if the PC market recovers, as stated in my previous post, Nvidia has a lot of inventory that needs to be cleared first (possibly with price cuts), and can't immediately benefit from the recovery.</p><p>These uncertainties are reflected in the wide divergence of analyst opinions, as shown in the chart below, their consensus estimates. As you can see, a total of 36 analysts have made revenue revisions to Nvidia in the past three months. Of these, 24 were revised downwards and 12 were revised upwards.</p><p><img src=\"https://static.tigerbbs.com/5cce9afacd5cf6b8961c75263287988c\" tg-width=\"800\" tg-height=\"225\" referrerpolicy=\"no-referrer\"/></p><p>Source: Seeking Alpha data</p><p><b>01</b></p><p><b>Nvidia Historical Performance and Return Drivers</b></p><p>Despite a sharp correction this year, Nvidia investors who have held the stock for the past 5 years have been rewarded handsomely, as shown in the chart below. Even with about half of cumulative earnings evaporating during 2022, Nvidia investors still earned a total return of 187% over the past 5 years, equating to an adult compound annual growth rate of 23.5%, which is more than double the overall return of the tech industry.</p><p><img src=\"https://static.tigerbbs.com/5e7dd20b4193f62fed04057cacdf2b4c\" tg-width=\"800\" tg-height=\"493\" referrerpolicy=\"no-referrer\"/></p><p>Source: Seeking Alpha data</p><p>Looking deeper, the underlying drivers are mainly profit growth and P/E expansion. Over the past 5 years, Nvidia's profits have grown at a compound annual growth rate of 14.7%, from $3 billion 5 years ago to $6 billion now.</p><p>On an earnings per share basis, stock dilution offset some of the profit growth. As shown at the bottom of the chart, Nvidia's outstanding shares climbed slightly from 2.42 billion shares in 2018 to 2.53 billion shares currently, equating to an adult dilution rate of 0.7%. As a result, its earnings per share are growing at a CAGR of approximately 14.0%. Valuation expansion then does the rest, contributing 9.47% annually to total returns, as shown in Figure 2 below.</p><p>The next question is: Will these things continue for the next 5 years?</p><p>In the remainder of this article, you will see that my answer is two-fold. I expect earnings per share growth to remain in the mid-dozen digits. However, I expect P/E to contract rather than expand, thus offsetting a significant portion of the EPS growth.</p><p><img src=\"https://static.tigerbbs.com/ffa0bfcf52d50f85f9f1c264a31966eb\" tg-width=\"800\" tg-height=\"503\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p><img src=\"https://static.tigerbbs.com/4cf4d32325325d0537501bb9c3f20c29\" tg-width=\"800\" tg-height=\"368\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p><b>02</b></p><p><b>P/E remains high</b></p><p>First let me explain why I expect its P/E to decline in the coming years. The figure below shows<a href=\"https://laohu8.com/S/INTC\">Intel</a>P/E over the past 5 years, and P/E from its near-strength peers AMD (NASDAQ: AMD) and Intel (NASDAQ: INTC). It can be seen that Nvidia's P/E is currently hovering around 67 times, which is not only high in absolute terms, but also much higher than its peers. That said, AMD is trading at just 40.7 x, while Intel is trading at just 9 x.</p><p>In fact, the recent sharp price correction has significantly reduced its valuation risk. But the problem is that before the correction, its valuation was in such a bubble state (over 100 + P/E) that even with its price almost halving in 2022, I still see some valuation risk.</p><p>Next, I will also say that its profitability is not superior to AMD, and I find its massive valuation premium to AMD hard to justify.</p><p><img src=\"https://static.tigerbbs.com/b77f31026b2c3a5b3134a3f10ff21bcb\" tg-width=\"800\" tg-height=\"509\" referrerpolicy=\"no-referrer\"/></p><p>Source: Seeking Alpha data</p><p><b>03</b></p><p><b>Profitability and EPS Growth Estimates</b></p><p>As we've seen, the consensus forecast is for its EPS to grow at a CAGR of 19.3% over the next 5 years. At this rate, earnings per share are expected to more than double from $3.3 in 2023 to $8 by 2027.</p><p><img src=\"https://static.tigerbbs.com/e4143c3bbe8f822a55fca5900f1b6284\" tg-width=\"800\" tg-height=\"303\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p>Readers familiar with my methodology know that I always like to form my own estimates based on ROCE (Return on Capital Employed) and Reinvestment Rate (RR). My estimate is a bit lower than the consensus estimate above. Its essence is the long-term growth rate, which is simply ROCE * reinvestment rate.</p><p>Here I will quote the results directly in the next chart. As we can see, in recent years, Nvidia's ROCE has maintained an average of around 60%. The chart also shows AMD's ROCE, which currently averages 49% ROCE. So some of Nvidia's valuations are certainly justified as it has an ROCE of around 20% higher than AMD's. But I think 70% P/E premium is too high (67x P/E vs 40x P/E of AMD).</p><p><img src=\"https://static.tigerbbs.com/7bef2448f744ed9cf50e0beefc0db9f7\" tg-width=\"800\" tg-height=\"464\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p>The company's RR has remained around 15% in recent years. It is likely that the CHIPS Act will further increase its RR to the 20% range. This stimulus will be achieved in direct ways (e.g., direct subsidies) and indirect ways (e.g., tax credits and national laboratories and/or universities to meet their R&D needs).</p><p>Based on ROCE and RR, the table below shows my forecast for its growth rate over the next few years. As mentioned earlier, I expect growth to be between 11.5% and 15.5%, slightly below the above consensus estimate. Also note that in these projections, I added a 2.5% inflation factor to the growth rate. The growth rate calculated by ROCE * RR is the real growth rate after excluding inflation.</p><p><img src=\"https://static.tigerbbs.com/1916f094d3f01aec5a0604e3da79ce26\" tg-width=\"800\" tg-height=\"320\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p><b>04</b></p><p><b>Return potential over the next 5 years</b></p><p>The chart below summarizes all of the above and summarizes my return projections for the next five years. Here are some key comments:</p><p>1. My forecast uses the consensus EPS growth rate of 19.3%. As just mentioned, it's the radical side.</p><p>2. My forecast is based on the assumption that the P/E contracts to 40 times. As mentioned earlier, I think Nvidia's current 67x P/E is hard to justify, and 40x P/E is still quite high. From a broader perspective, the average P/E of the semiconductor industry, represented by SMH, is about 20x, as is the overall tech industry, represented by QQQ. Such a P/E contraction would offset the 11.1% EPS growth.</p><p>3. Overall, I predict that the total return potential for the next 5 years is in the 8% range.</p><p><img src=\"https://static.tigerbbs.com/e51aad3288754ad55ef0e13df49781bf\" tg-width=\"800\" tg-height=\"394\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p><b>06</b></p><p><b>Risks and Final Thoughts</b></p><p>In conclusion, I think Nvidia will face a lot of uncertainty in the near future. These headwinds include recently implemented export controls, lingering supply chain disruptions, slowing gaming revenue, cryptocurrency headwinds, and the overall recovery of the global PC market. These are the issues I'm focusing on in my upcoming fourth quarter earnings report.</p><p>On the positive side, the business will take full advantage of the chip industry's strong long-term growth curve. Sometimes it's easier to predict long-term gains than short-term ones. The business has a strong ROCE and sustainable reinvestment rate, and is further boosted by the CHIPS Act in the coming years. So I wouldn't be surprised if the rapid growth in EPS is between 15% and 20%.</p><p>In conclusion, I expect Nvidia to return more than single digits annually over the next 5 years. The recent sharp price correction has significantly reduced its valuation risk (from 100 + P/E to 67x currently). But in my opinion, 67 times P/E is still quite high. And I do expect some contraction in P/E over the next few years, which will offset a significant portion of Nvidia's EPS growth.</p><p></body></html></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 performance disclosure period will be ushered in again, and Nvidia is \"worried\"?</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 performance disclosure period will be ushered in again, and Nvidia is \"worried\"?\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/e09c69c7ea1d4781a9de127f9b375dd6);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">美股研究社 </p>\n<p class=\"h-time smaller\">2023-01-15 18:00</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>Reported mixed third-quarter results and is scheduled to report its fourth-quarter fiscal '23 financial results on February 22, 2023. Revenue fell to $5.93 billion in the third quarter, and new export controls and lingering supply chain disruptions weighed on its top line, and I expect those headwinds to continue into the fourth quarter.</p><p>In addition, gaming revenue fell 51% from the same period last year. This could have something to do with cryptocurrency headwinds, another headwind I expect to continue into 2023.</p><p>Finally, profits were also dragged down by high inflation, higher compensation expenses, growing headcount, and higher infrastructure spending. On the plus side, the negative impact from the above headwinds was partially offset by higher demand from cloud providers and the automotive industry. In particular, the automotive business performed very well, with revenue increasing 86% year-over-year.</p><p>Overall, I think Nvidia's outlook is pretty uncertain, and I don't expect much of a recovery for Nvidia in the fourth quarter. I expect the global PC market to continue to be weak in the fourth quarter. The global PC market has experienced unexpected growth due to Covid-19.</p><p>PC demand re-normalizes, and even if the PC market recovers, as stated in my previous post, Nvidia has a lot of inventory that needs to be cleared first (possibly with price cuts), and can't immediately benefit from the recovery.</p><p>These uncertainties are reflected in the wide divergence of analyst opinions, as shown in the chart below, their consensus estimates. As you can see, a total of 36 analysts have made revenue revisions to Nvidia in the past three months. Of these, 24 were revised downwards and 12 were revised upwards.</p><p><img src=\"https://static.tigerbbs.com/5cce9afacd5cf6b8961c75263287988c\" tg-width=\"800\" tg-height=\"225\" referrerpolicy=\"no-referrer\"/></p><p>Source: Seeking Alpha data</p><p><b>01</b></p><p><b>Nvidia Historical Performance and Return Drivers</b></p><p>Despite a sharp correction this year, Nvidia investors who have held the stock for the past 5 years have been rewarded handsomely, as shown in the chart below. Even with about half of cumulative earnings evaporating during 2022, Nvidia investors still earned a total return of 187% over the past 5 years, equating to an adult compound annual growth rate of 23.5%, which is more than double the overall return of the tech industry.</p><p><img src=\"https://static.tigerbbs.com/5e7dd20b4193f62fed04057cacdf2b4c\" tg-width=\"800\" tg-height=\"493\" referrerpolicy=\"no-referrer\"/></p><p>Source: Seeking Alpha data</p><p>Looking deeper, the underlying drivers are mainly profit growth and P/E expansion. Over the past 5 years, Nvidia's profits have grown at a compound annual growth rate of 14.7%, from $3 billion 5 years ago to $6 billion now.</p><p>On an earnings per share basis, stock dilution offset some of the profit growth. As shown at the bottom of the chart, Nvidia's outstanding shares climbed slightly from 2.42 billion shares in 2018 to 2.53 billion shares currently, equating to an adult dilution rate of 0.7%. As a result, its earnings per share are growing at a CAGR of approximately 14.0%. Valuation expansion then does the rest, contributing 9.47% annually to total returns, as shown in Figure 2 below.</p><p>The next question is: Will these things continue for the next 5 years?</p><p>In the remainder of this article, you will see that my answer is two-fold. I expect earnings per share growth to remain in the mid-dozen digits. However, I expect P/E to contract rather than expand, thus offsetting a significant portion of the EPS growth.</p><p><img src=\"https://static.tigerbbs.com/ffa0bfcf52d50f85f9f1c264a31966eb\" tg-width=\"800\" tg-height=\"503\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p><img src=\"https://static.tigerbbs.com/4cf4d32325325d0537501bb9c3f20c29\" tg-width=\"800\" tg-height=\"368\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p><b>02</b></p><p><b>P/E remains high</b></p><p>First let me explain why I expect its P/E to decline in the coming years. The figure below shows<a href=\"https://laohu8.com/S/INTC\">Intel</a>P/E over the past 5 years, and P/E from its near-strength peers AMD (NASDAQ: AMD) and Intel (NASDAQ: INTC). It can be seen that Nvidia's P/E is currently hovering around 67 times, which is not only high in absolute terms, but also much higher than its peers. That said, AMD is trading at just 40.7 x, while Intel is trading at just 9 x.</p><p>In fact, the recent sharp price correction has significantly reduced its valuation risk. But the problem is that before the correction, its valuation was in such a bubble state (over 100 + P/E) that even with its price almost halving in 2022, I still see some valuation risk.</p><p>Next, I will also say that its profitability is not superior to AMD, and I find its massive valuation premium to AMD hard to justify.</p><p><img src=\"https://static.tigerbbs.com/b77f31026b2c3a5b3134a3f10ff21bcb\" tg-width=\"800\" tg-height=\"509\" referrerpolicy=\"no-referrer\"/></p><p>Source: Seeking Alpha data</p><p><b>03</b></p><p><b>Profitability and EPS Growth Estimates</b></p><p>As we've seen, the consensus forecast is for its EPS to grow at a CAGR of 19.3% over the next 5 years. At this rate, earnings per share are expected to more than double from $3.3 in 2023 to $8 by 2027.</p><p><img src=\"https://static.tigerbbs.com/e4143c3bbe8f822a55fca5900f1b6284\" tg-width=\"800\" tg-height=\"303\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p>Readers familiar with my methodology know that I always like to form my own estimates based on ROCE (Return on Capital Employed) and Reinvestment Rate (RR). My estimate is a bit lower than the consensus estimate above. Its essence is the long-term growth rate, which is simply ROCE * reinvestment rate.</p><p>Here I will quote the results directly in the next chart. As we can see, in recent years, Nvidia's ROCE has maintained an average of around 60%. The chart also shows AMD's ROCE, which currently averages 49% ROCE. So some of Nvidia's valuations are certainly justified as it has an ROCE of around 20% higher than AMD's. But I think 70% P/E premium is too high (67x P/E vs 40x P/E of AMD).</p><p><img src=\"https://static.tigerbbs.com/7bef2448f744ed9cf50e0beefc0db9f7\" tg-width=\"800\" tg-height=\"464\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p>The company's RR has remained around 15% in recent years. It is likely that the CHIPS Act will further increase its RR to the 20% range. This stimulus will be achieved in direct ways (e.g., direct subsidies) and indirect ways (e.g., tax credits and national laboratories and/or universities to meet their R&D needs).</p><p>Based on ROCE and RR, the table below shows my forecast for its growth rate over the next few years. As mentioned earlier, I expect growth to be between 11.5% and 15.5%, slightly below the above consensus estimate. Also note that in these projections, I added a 2.5% inflation factor to the growth rate. The growth rate calculated by ROCE * RR is the real growth rate after excluding inflation.</p><p><img src=\"https://static.tigerbbs.com/1916f094d3f01aec5a0604e3da79ce26\" tg-width=\"800\" tg-height=\"320\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p><b>04</b></p><p><b>Return potential over the next 5 years</b></p><p>The chart below summarizes all of the above and summarizes my return projections for the next five years. Here are some key comments:</p><p>1. My forecast uses the consensus EPS growth rate of 19.3%. As just mentioned, it's the radical side.</p><p>2. My forecast is based on the assumption that the P/E contracts to 40 times. As mentioned earlier, I think Nvidia's current 67x P/E is hard to justify, and 40x P/E is still quite high. From a broader perspective, the average P/E of the semiconductor industry, represented by SMH, is about 20x, as is the overall tech industry, represented by QQQ. Such a P/E contraction would offset the 11.1% EPS growth.</p><p>3. Overall, I predict that the total return potential for the next 5 years is in the 8% range.</p><p><img src=\"https://static.tigerbbs.com/e51aad3288754ad55ef0e13df49781bf\" tg-width=\"800\" tg-height=\"394\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author based on Seeking Alpha data</p><p><b>06</b></p><p><b>Risks and Final Thoughts</b></p><p>In conclusion, I think Nvidia will face a lot of uncertainty in the near future. These headwinds include recently implemented export controls, lingering supply chain disruptions, slowing gaming revenue, cryptocurrency headwinds, and the overall recovery of the global PC market. These are the issues I'm focusing on in my upcoming fourth quarter earnings report.</p><p>On the positive side, the business will take full advantage of the chip industry's strong long-term growth curve. Sometimes it's easier to predict long-term gains than short-term ones. The business has a strong ROCE and sustainable reinvestment rate, and is further boosted by the CHIPS Act in the coming years. So I wouldn't be surprised if the rapid growth in EPS is between 15% and 20%.</p><p>In conclusion, I expect Nvidia to return more than single digits annually over the next 5 years. The recent sharp price correction has significantly reduced its valuation risk (from 100 + P/E to 67x currently). But in my opinion, 67 times P/E is still quite high. And I do expect some contraction in P/E over the next few years, which will offset a significant portion of Nvidia's EPS growth.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/228bba2b767cdc535690060c2aa243be","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134981435","content_text":"英伟达公布的第三季度业绩喜忧参半,并计划于2023年2月22日公布其23财年第四季度财务业绩。第三季度收入降至59.3亿美元,新的出口管制措施和挥之不去的供应链中断给它的营收带来了压力,我预计这些逆风将持续到第四季度。此外,游戏收入较上年同期下降了51%。这可能与加密货币逆风有关,我预计将持续到2023年的另一个逆风。最后,利润也受到高通胀、薪酬支出增加、员工人数增长以及基础设施支出增加的拖累。从好的方面来看,上述不利因素带来的负面影响被云提供商和汽车行业的更高需求部分抵消了。特别是汽车业务表现非常好,收入同比增长86%。总体而言,我认为英伟达的前景相当不确定,预计第四季度英伟达不会有太大的复苏。我预计第四季度全球个人电脑市场将继续疲软。受Covid-19的影响,全球PC市场出现了意想不到的增长。PC需求重新正常化,即使PC市场复苏,正如我之前的文章所述,英伟达也有大量库存需要首先清理(可能会降价),而且无法立即从复苏中受益。这些不确定性反映在分析师意见的巨大分歧上,如下图所示,他们的共识估计。如你所见,在过去三个月里,共有36位分析师对英伟达进行了营收修正。其中24个向下修正,12个向上修正。Source: Seeking Alpha data01英伟达历史业绩和回报驱动因素尽管今年出现了大幅调整,但在过去5年里一直持有该股票的英伟达投资者仍获得了丰厚的回报,如下图所示。即使在2022年期间累计收益蒸发了约一半,但英伟达投资者在过去5年里仍然获得了187%的总回报,折合成年复合年增长率为23.5%,是科技行业整体回报率的两倍多。Source: Seeking Alpha data更深入地看,潜在的驱动因素主要是利润增长和市盈率扩张。在过去的5年里,英伟达的利润以14.7%的复合年增长率增长,从5年前的30亿美元增长到现在的60亿美元。按每股收益计算,股票稀释抵消了部分利润增长。如图表底部所示,英伟达的流通股数量从2018年的24.2亿股小幅攀升至目前的25.3亿股,折合成年稀释率为0.7%。因此,其每股收益的复合年增长率约为14.0%。然后,估值扩张完成了剩下的工作,每年为总回报贡献9.47%,如下图2所示。下一个问题是:上述这些会在未来5年继续保持下去吗?在本文的剩余部分,您将看到我的答案是双重的。我预计每股收益的增长将保持在十几位数左右。然而,我预计市盈率将会收缩,而不是扩大,因此抵消了很大一部分每股收益的增长。Source: Author based on Seeking Alpha dataSource: Author based on Seeking Alpha data02市盈率依然处于高位首先让我解释一下为什么我预计它的市盈率在未来几年将会下降。下图展示了英特尔过去5年的市盈率,以及与其实力相近的同行AMD(NASDAQ:AMD)和英特尔(NASDAQ:INTC)的市盈率。可以看到,英伟达的市盈率目前徘徊在67倍左右,不仅在绝对意义上很高,而且远高于同行。也就是说,AMD的交易价格仅为40.7倍,而英特尔的交易价格仅为9倍。事实上,最近的大幅价格调整大大降低了其估值风险。但问题是,在调整之前,它的估值处于这样一个泡沫状态(超过100+市盈率),即使在2022年它的价格几乎减半,我仍然看到一些估值风险。接下来,我还会说,它的盈利能力并不比AMD优越,而且我发现它相对于AMD的巨大估值溢价很难证明是合理的。Source: Seeking Alpha data03盈利能力和每股收益增长预测正如我们所看到的,普遍预测其每股收益在未来5年的复合年增长率为19.3%。按照这个速度,预计每股收益将比2023年的3.3美元增加一倍多,到2027年达到8美元。Source: Author based on Seeking Alpha data熟悉我的方法的读者知道,我总是喜欢根据ROCE(已动用资本回报率)和再投资率(RR)来形成我自己的估计。我的估计比上面的普遍估计要低一些。其本质是长期增长率,简单地说就是ROCE *再投资率。在这里,我将直接在下一张图表中引用结果。如我们所见,近年来,英伟达的ROCE平均保持在60%左右。该图表还显示了AMD的ROCE,其目前的ROCE平均为49%。因此,英伟达的一些估值肯定是合理的,因为它的ROCE比AMD高出20%左右。但我认为70%的市盈率溢价太高了(67倍的市盈率vs AMD的40倍的市盈率)。Source: Author based on Seeking Alpha data近年来,该公司的RR一直保持在15%左右。CHIPS法案很可能会进一步将其RR提高到20%的范围。这种刺激将以直接方式(如直接补贴)和间接方式(如税收抵免和由国家实验室和/或大学满足其研发需求)来实现。根据ROCE和RR,下表显示了我对其未来几年增长率的预测。如前所述,我预计增长率将在11.5%至15.5%之间,略低于上述普遍预期。还要注意的是,在这些预测中,我在增长率中添加了2.5%的通胀因素。ROCE*RR计算的增长率是剔除通货膨胀后的实际增长率。Source: Author based on Seeking Alpha data04未来5年的回报潜力下面的图表汇总了上述所有部分,并总结了我对未来五年的回报预测。以下是一些关键的评论:1.我的预测采用了普遍预期的19.3%的每股收益增长率。正如刚才提到的,它是激进的一面。2.我的预测是基于市盈率收缩至40倍的假设。如前所述,我认为英伟达目前67倍的市盈率很难证明其合理性,40倍的市盈率仍然相当高。从更广泛的角度来看,以SMH为代表的半导体行业的平均市盈率约为20倍,以QQQ为代表的整体科技行业也是如此。这样的市盈率收缩将抵消11.1%的每股收益增长。3.总的来说,我预测未来5年的总回报潜力在8%的范围内。Source: Author based on Seeking Alpha data06风险和最后的想法总之,我认为在不久的将来,英伟达将面临许多不确定性。这些不利因素包括最近实施的出口管制、挥之不去的供应链中断、游戏收入放缓、加密货币不利因素以及全球PC市场的整体复苏。这些是我在即将到来的第四季度收益报告中特别关注的问题。从积极的方面来看,该业务将充分利用芯片行业强劲的长期增长曲线。有时候,预测长期收益比预测短期收益更容易。该业务拥有强劲的ROCE和可持续的再投资率,并在未来几年受到CHIPS法案的进一步推动。因此,如果每股收益的快速增长在15%到20%之间,我不会感到惊讶。总之,我预计未来5年英伟达的年回报率将达到个位数以上。最近的大幅价格调整大幅降低了其估值风险(从100+市盈率降至目前的67倍)。但在我看来,67倍的市盈率仍相当高。而且我确实预计未来几年市盈率会出现一些收缩,这将抵消英伟达每股收益增长的很大一部分。","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925834640,"gmtCreate":1671983121981,"gmtModify":1676538617864,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9925834640","repostId":"1160777906","repostType":4,"repost":{"id":"1160777906","kind":"news","weMediaInfo":{"introduction":"提供即時金融資訊、行情、數據,旨在幫助投資者理解世界,做投資決策。","home_visible":1,"media_name":"老虎資訊","id":"1059071526","head_image":"https://community-static.tradeup.com/news/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1672011755,"share":"https://ttm.financial/m/news/1160777906?lang=en_US&edition=fundamental","pubTime":"2022-12-26 07:42","market":"hk","language":"zh","title":"Tip: The Christmas holiday has arrived, a look at the closing times of the trading markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1160777906","media":"老虎資訊","summary":"尊敬的投資者:聖誕節長假期已經來到,美股、港股等市場的交易活動會受到影響。請留意股市休市時間,並提前安排好您的投資計劃。聖誕節期間股市交易安排美股:2022年12月26日(週一)休市。港股:2022年","content":"<p><html><head></head><body><b>Dear Investors:</b></p><p>The long Christmas holiday has arrived, and trading activities in U.S. stocks, Hong Kong stocks and other markets will be affected. Please pay attention to when the stock market is closed and arrange your investment plan in advance.</p><p>Stock Market Trading Arrangements During Christmas</p><p><b>US stocks:</b></p><p>The market will be closed on December 26, 2022 (Monday).</p><p><b>Hong Kong stocks:</b></p><p>The market will be closed on December 26, 2022 (Monday).</p><p>The market will be closed on December 27, 2022 (Tuesday).</p><p><b>Singapore Stock Market:</b></p><p>The market will be closed on December 26, 2022 (Monday).</p><p><b>Australian market:</b></p><p>Except for holiday days, the Australian market will be closed on Monday, December 26, 2022 and Tuesday, December 27, 2022 local time.</p><p><b>New Zealand Market:</b></p><p>Except for holiday days, the New Zealand market will be closed on Monday, December 26, 2022 and Tuesday, December 27, 2022 local time.</p><p><b>Shanghai and Shenzhen stock markets:</b></p><p>The Shanghai and Shenzhen stock markets traded as usual.</p><p><b>Shanghai Stock Connect and Shenzhen Stock Connect:</b></p><p>No services will be available on Monday, December 26, 2022.</p><p>No services will be available on December 27, 2022 (Tuesday).</p><p><b>Hong Kong Stock Connect:</b></p><p>No services will be available on Monday, December 26, 2022.</p><p>No services will be available on December 27, 2022 (Tuesday).</p><p></body></html></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>Tip: The Christmas holiday has arrived, a look at the closing times of the trading markets</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\">\nTip: The Christmas holiday has arrived, a look at the closing times of the trading markets\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1059071526\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎資訊 </p>\n<p class=\"h-time smaller\">2022-12-26 07:42</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Dear Investors:</b></p><p>The long Christmas holiday has arrived, and trading activities in U.S. stocks, Hong Kong stocks and other markets will be affected. Please pay attention to when the stock market is closed and arrange your investment plan in advance.</p><p>Stock Market Trading Arrangements During Christmas</p><p><b>US stocks:</b></p><p>The market will be closed on December 26, 2022 (Monday).</p><p><b>Hong Kong stocks:</b></p><p>The market will be closed on December 26, 2022 (Monday).</p><p>The market will be closed on December 27, 2022 (Tuesday).</p><p><b>Singapore Stock Market:</b></p><p>The market will be closed on December 26, 2022 (Monday).</p><p><b>Australian market:</b></p><p>Except for holiday days, the Australian market will be closed on Monday, December 26, 2022 and Tuesday, December 27, 2022 local time.</p><p><b>New Zealand Market:</b></p><p>Except for holiday days, the New Zealand market will be closed on Monday, December 26, 2022 and Tuesday, December 27, 2022 local time.</p><p><b>Shanghai and Shenzhen stock markets:</b></p><p>The Shanghai and Shenzhen stock markets traded as usual.</p><p><b>Shanghai Stock Connect and Shenzhen Stock Connect:</b></p><p>No services will be available on Monday, December 26, 2022.</p><p>No services will be available on December 27, 2022 (Tuesday).</p><p><b>Hong Kong Stock Connect:</b></p><p>No services will be available on Monday, December 26, 2022.</p><p>No services will be available on December 27, 2022 (Tuesday).</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e029cf8d7c318d1de45f38c9aaf8eeb7","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160777906","content_text":"尊敬的投資者:聖誕節長假期已經來到,美股、港股等市場的交易活動會受到影響。請留意股市休市時間,並提前安排好您的投資計劃。聖誕節期間股市交易安排美股:2022年12月26日(週一)休市。港股:2022年12月26日(週一)休市。2022年12月27日(週二)休市。新加坡股市:2022年12月26日(週一)休市。澳洲市場:除節禮日之外,澳洲市場將於當地時間2022年12月26日(週一)和 2022年12月27日(週二)休市。新西蘭市場:除節禮日之外,新西蘭市場將於當地時間2022年12月26日(週一)和2022年12月27日(週二)休市。滬深兩市:滬深兩市照常交易。滬股通、深股通:2022年12月26日(週一)不提供服務。2022年12月27日(週二)不提供服務。港股通:2022年12月26日(週一)不提供服務。2022年12月27日(週二)不提供服務。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926711487,"gmtCreate":1671631870250,"gmtModify":1676538566674,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9926711487","repostId":"2293345278","repostType":4,"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964334682,"gmtCreate":1670075912947,"gmtModify":1676538298887,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964334682","repostId":"2288916102","repostType":4,"repost":{"id":"2288916102","kind":"highlight","weMediaInfo":{"introduction":"致力于提供最及时的财经资讯,最专业的解读分析,覆盖宏观经济、金融机构、A股市场、上市公司、投资理财等财经领域。","home_visible":1,"media_name":"券商中国","id":"9","head_image":"https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f"},"pubTimestamp":1670046777,"share":"https://ttm.financial/m/news/2288916102?lang=en_US&edition=fundamental","pubTime":"2022-12-03 13:52","market":"hk","language":"zh","title":"What's the situation? Billionaire dies in plane crash! Three currency bosses have died mysteriously","url":"https://stock-news.laohu8.com/highlight/detail?id=2288916102","media":"券商中国","summary":"全球“币圈”的离奇事件不断。报道称,塔兰是机上唯一一名乘客,他与机上35岁的法国飞行员均遇难。目前,事故原因仍在调查中。更为神秘的是,原本有一名旅客计划搭乘这架直升机前往摩纳哥,但其在起飞前的最后一刻取消了这趟行程,目前暂不清楚该名旅客的具体信息。近一个多月来,死亡阴影似乎笼罩在加密货币市场,在塔兰之前,已有2位币圈大佬意外离世。","content":"<p><html><head></head><body>Bizarre events in the global \"currency circle\" continue.</p><p>Recently, the helicopter carrying Vyacheslav Taran, a Russian currency magnate and billionaire, crashed on the border between France and Italy, and Taran died unfortunately. Before Taran, two bigwigs in the currency circle had died mysteriously. Kurland, the co-founder of Amber Group, a global virtual asset service provider, died in his sleep on November 23, local time, at the age of 30; Musegian, co-founder of MakerDAO, an American cryptocurrency lending platform, drowned on October 28, local time, at the age of 29.</p><p><b>At the same time, the cryptocurrency market is not quiet. Following the explosion of FTX, the world's second largest cryptocurrency investment platform, the virtual currency lending platform BlockFi also suddenly filed for bankruptcy. Affected by this news, the price of Bitcoin once fell to US $16,000, and the latest price (US $17,100) fell by 75% compared with the historical high. On December 1, the \"godfather of emerging markets\" Mark Mobius warned that Bitcoin will continue to plummet in 2023, or fall below $10,000.</b></p><p>A super storm is also brewing in the global energy market. From December 5, the ban on Russian crude oil by the European Union and the United States will officially take effect, and traders have already felt the tense atmosphere. Shipbrokers said price negotiations currently underway show tanker charges from the Baltic Sea to India will reach $15 million after the sanctions order comes into effect, compared with the previous rate of $9 million, a potential increase of up to 66.7%.</p><p>Russian billionaire died in plane crash</p><p>According to the British \"Daily Mail\" and other foreign media reports, recently, the helicopter of 53-year-old Russian billionaire Vyacheslav Taran crashed at the border between France and Italy after taking off from Switzerland, and Taran died unfortunately.</p><p><b>According to the report, Taran was the only passenger on board, and he and the 35-year-old French pilot on board were both killed. At present, the cause of the accident is still under investigation. It is understood that the Russian Embassy in France has confirmed Taran's death.</b></p><p>At the same time, Libertex Group also issued a statement saying that founder Taran died when his helicopter crashed on his way to Monaco.</p><p><b>It is worth mentioning that when the plane crashed, the local weather was good, the pilots were experienced, and the authorities did not point out the problem of improper operation of the helicopter.</b></p><p>What's even more mysterious is that a passenger originally planned to take this helicopter to Monaco, but he canceled the trip at the last moment before takeoff. At present, the specific information of this passenger is unclear.</p><p>According to the report, Taran is the latest entrepreneur in the cryptocurrency field to die unexpectedly, and another Russian super-rich man who died mysteriously this year.</p><p>According to public information, Taran was born in Russia. In the past few years, he has been living in Monaco and enjoys a high reputation in the local financial industry. He founded the Forex foreign exchange trading platform \"Forex Club\" in Russia in 1997. In 2018, the platform was acquired by Russia<a href=\"https://laohu8.com/S/CNBC\">Central Bank</a>After the license was removed, it continued to operate in more than 100 other countries. The Libertex trading platform is part of the Forex Club Group, which offers a wide range of financial products, including cryptocurrency trading.</p><p>It is reported that Taran once made millions of dollars by involving Russian citizens in currency speculation and assuring them that they could earn the maximum return with the lowest investment, causing a large number of Russian investors to lose their money.</p><p>Therefore, some analysts believe that this may lead to many Russians being dissatisfied with it. The Russian central bank reportedly revoked the Forex Club's license in 2018 because Taran's subsidiary led customers to offshore companies.</p><p>In the past month or so, the shadow of death seems to be hanging over the cryptocurrency market. Before Taran, two currency bosses had passed away unexpectedly.</p><p>Recently, Amber Group, a global virtual asset service provider, announced that the company's co-founder Tiantian Kullander died in his sleep on November 23, local time, at the age of 30.</p><p>In addition, according to local police confirmation, Nikolai Mushegian, co-founder of MakerDAO, an American cryptocurrency lending platform, was found drowned on October 28, local time, at the age of 29 at the beach of Condado, Puerto Rico, USA. MakerDAO was launched on the Ethereum blockchain in 2017 and issued the first decentralized stablecoin DAI on Ethereum.</p><p>The collapsing currency circle</p><p>At the same time, the cryptocurrency market is not quiet.</p><p>At present, the crisis in the \"currency circle\" continues to ferment. Following the explosion of FTX, the world's second largest cryptocurrency investment platform, the virtual currency lending platform BlockFi also suddenly filed for bankruptcy. Affected by this news, Bitcoin prices fell sharply, once falling to around US $16,000, and then rebounded slightly. The latest price was US $17,113, a cumulative drop of as much as 75% compared with the historical high of US $69,000 in November 2021. The total market value of global cryptocurrencies has shrunk from US $3 trillion in November last year to approximately US $900 billion.</p><p><img src=\"https://static.tigerbbs.com/ba2564642f574f0ab352fa11ce378111\" tg-width=\"1080\" tg-height=\"888\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>As the \"belief in the currency circle\", Bitcoin also suffered a crash, which undoubtedly severely damaged the confidence of the cryptocurrency market. The \"godfather of emerging markets\" even issued a warning that Bitcoin will continue to plummet in 2023.</p><p>On December 1, Mark Mobius, co-founder of Mobius Capital Partners, said in an interview with the media that the price of Bitcoin once fell below the technical support level of $17,000. He predicted that Bitcoin will plummet by 40% in 2023 and will fall below 10,000 dollars.</p><p>According to public information, Mark Mobius established Mobius Capital Partners in 2018. Prior to that, he served as the executive chairman of Templeton Emerging Markets Group, was known as the \"godfather of emerging markets\", and successfully predicted that Bitcoin would fall below this year. $20,000.</p><p>Mobius said in a media interview that although he expects the Bitcoin to fluctuate around $17,000 in the short term, interest rates will continue to rise with further rate hike by the Federal Reserve, and he predicts that by 2023, the Bitcoin may fall below $10,000.</p><p>The reason given is that the Federal Reserve's continued tightening monetary policy and rising interest rates make it less attractive to buy Bitcoin or other cryptocurrencies as interest rates rise, because holding these cryptocurrencies does not generate interest.</p><p>In addition, the Federal Reserve continues to tighten monetary policy sharply and rate hike, which makes the number of dollars circulating in the market decreasing, making it more difficult for investors to participate in cryptocurrency transactions.</p><p>Mobius has warned that many crypto companies are headed for bankruptcy as crypto prices plummet and liquidity dries up.</p><p>Among them, Celsius, a lending platform that provides high interest rates for cryptocurrency investors, filed for bankruptcy protection in July this year. In addition, BlockFi also recently filed for bankruptcy due to its large exposure to FTX.</p><p>A super storm</p><p>A super storm is brewing in global energy markets.</p><p>From December 5, the ban on Russian crude oil by the European Union and the United States will officially take effect, and traders have already felt the tense atmosphere.</p><p><b>According to shipbrokers, ongoing price negotiations show that tanker charges from the Baltic Sea to India will reach US $15 million, or US $20 per barrel, after the sanctions order takes effect. The previous freight rate was US $9 million, with a potential increase of 66.7%.</b></p><p>The surge in transportation costs reflects the severe challenges faced by Russian crude oil suppliers before the deadline, when top tanker owners from European countries such as Greece will stop providing shipping and other services for crude oil produced in Russia.</p><p>Another focus of current market attention is the price ceiling set by the G7 and the European Union on Russian oil. According to the sanctions policy, as long as the trading price of Russian oil is lower than the upper limit, it will not be affected by EU sanctions. According to the latest reports from multiple media, the European Commission, the executive body of the European Union, has proposed to 27 member states to set the price limit of Russian oil at US $60/barrel.</p><p>If the EU and G7 member states can reach an agreement, this price restriction measure will also be implemented together when the latest EU sanctions on Rosneft take effect on December 5.</p><p>However, it is worth mentioning that Russia has a very tough attitude towards this. It has already announced that it will not sell any oil and natural gas to countries involved in imposing price caps on Russian oil.</p><p>Prior to this, the EU was frantically importing Russian LNG. According to the British \"Financial Times\" report, in the first 10 months of 2022, Russia's LNG supply to European countries reached a record 17.8 billion cubic meters, a year-on-year increase of 42%; The cost is as high as 12.5 billion euros (about 92.5 billion yuan), five times that of the same period last year and a record high.</p><p>As the embargo takes effect approaches, some buyers and sellers of Russian crude oil have set their sights on the \"dark fleet\".</p><p>The \"dark fleet\" refers to oil tankers held by unidentified shipowners who are willing to continue transporting Russian oil despite the threat of sanctions. The \"dark fleet\" is mostly composed of older ships, many of which have a track record of dealing with Western sanctioned countries such as Iran.</p><p></body></html></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>What's the situation? Billionaire dies in plane crash! Three currency bosses have died mysteriously</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\">\nWhat's the situation? Billionaire dies in plane crash! Three currency bosses have died mysteriously\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/9\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d482d56459984e8c86a6a137295b3c4f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">券商中国 </p>\n<p class=\"h-time smaller\">2022-12-03 13:52</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Bizarre events in the global \"currency circle\" continue.</p><p>Recently, the helicopter carrying Vyacheslav Taran, a Russian currency magnate and billionaire, crashed on the border between France and Italy, and Taran died unfortunately. Before Taran, two bigwigs in the currency circle had died mysteriously. Kurland, the co-founder of Amber Group, a global virtual asset service provider, died in his sleep on November 23, local time, at the age of 30; Musegian, co-founder of MakerDAO, an American cryptocurrency lending platform, drowned on October 28, local time, at the age of 29.</p><p><b>At the same time, the cryptocurrency market is not quiet. Following the explosion of FTX, the world's second largest cryptocurrency investment platform, the virtual currency lending platform BlockFi also suddenly filed for bankruptcy. Affected by this news, the price of Bitcoin once fell to US $16,000, and the latest price (US $17,100) fell by 75% compared with the historical high. On December 1, the \"godfather of emerging markets\" Mark Mobius warned that Bitcoin will continue to plummet in 2023, or fall below $10,000.</b></p><p>A super storm is also brewing in the global energy market. From December 5, the ban on Russian crude oil by the European Union and the United States will officially take effect, and traders have already felt the tense atmosphere. Shipbrokers said price negotiations currently underway show tanker charges from the Baltic Sea to India will reach $15 million after the sanctions order comes into effect, compared with the previous rate of $9 million, a potential increase of up to 66.7%.</p><p>Russian billionaire died in plane crash</p><p>According to the British \"Daily Mail\" and other foreign media reports, recently, the helicopter of 53-year-old Russian billionaire Vyacheslav Taran crashed at the border between France and Italy after taking off from Switzerland, and Taran died unfortunately.</p><p><b>According to the report, Taran was the only passenger on board, and he and the 35-year-old French pilot on board were both killed. At present, the cause of the accident is still under investigation. It is understood that the Russian Embassy in France has confirmed Taran's death.</b></p><p>At the same time, Libertex Group also issued a statement saying that founder Taran died when his helicopter crashed on his way to Monaco.</p><p><b>It is worth mentioning that when the plane crashed, the local weather was good, the pilots were experienced, and the authorities did not point out the problem of improper operation of the helicopter.</b></p><p>What's even more mysterious is that a passenger originally planned to take this helicopter to Monaco, but he canceled the trip at the last moment before takeoff. At present, the specific information of this passenger is unclear.</p><p>According to the report, Taran is the latest entrepreneur in the cryptocurrency field to die unexpectedly, and another Russian super-rich man who died mysteriously this year.</p><p>According to public information, Taran was born in Russia. In the past few years, he has been living in Monaco and enjoys a high reputation in the local financial industry. He founded the Forex foreign exchange trading platform \"Forex Club\" in Russia in 1997. In 2018, the platform was acquired by Russia<a href=\"https://laohu8.com/S/CNBC\">Central Bank</a>After the license was removed, it continued to operate in more than 100 other countries. The Libertex trading platform is part of the Forex Club Group, which offers a wide range of financial products, including cryptocurrency trading.</p><p>It is reported that Taran once made millions of dollars by involving Russian citizens in currency speculation and assuring them that they could earn the maximum return with the lowest investment, causing a large number of Russian investors to lose their money.</p><p>Therefore, some analysts believe that this may lead to many Russians being dissatisfied with it. The Russian central bank reportedly revoked the Forex Club's license in 2018 because Taran's subsidiary led customers to offshore companies.</p><p>In the past month or so, the shadow of death seems to be hanging over the cryptocurrency market. Before Taran, two currency bosses had passed away unexpectedly.</p><p>Recently, Amber Group, a global virtual asset service provider, announced that the company's co-founder Tiantian Kullander died in his sleep on November 23, local time, at the age of 30.</p><p>In addition, according to local police confirmation, Nikolai Mushegian, co-founder of MakerDAO, an American cryptocurrency lending platform, was found drowned on October 28, local time, at the age of 29 at the beach of Condado, Puerto Rico, USA. MakerDAO was launched on the Ethereum blockchain in 2017 and issued the first decentralized stablecoin DAI on Ethereum.</p><p>The collapsing currency circle</p><p>At the same time, the cryptocurrency market is not quiet.</p><p>At present, the crisis in the \"currency circle\" continues to ferment. Following the explosion of FTX, the world's second largest cryptocurrency investment platform, the virtual currency lending platform BlockFi also suddenly filed for bankruptcy. Affected by this news, Bitcoin prices fell sharply, once falling to around US $16,000, and then rebounded slightly. The latest price was US $17,113, a cumulative drop of as much as 75% compared with the historical high of US $69,000 in November 2021. The total market value of global cryptocurrencies has shrunk from US $3 trillion in November last year to approximately US $900 billion.</p><p><img src=\"https://static.tigerbbs.com/ba2564642f574f0ab352fa11ce378111\" tg-width=\"1080\" tg-height=\"888\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>As the \"belief in the currency circle\", Bitcoin also suffered a crash, which undoubtedly severely damaged the confidence of the cryptocurrency market. The \"godfather of emerging markets\" even issued a warning that Bitcoin will continue to plummet in 2023.</p><p>On December 1, Mark Mobius, co-founder of Mobius Capital Partners, said in an interview with the media that the price of Bitcoin once fell below the technical support level of $17,000. He predicted that Bitcoin will plummet by 40% in 2023 and will fall below 10,000 dollars.</p><p>According to public information, Mark Mobius established Mobius Capital Partners in 2018. Prior to that, he served as the executive chairman of Templeton Emerging Markets Group, was known as the \"godfather of emerging markets\", and successfully predicted that Bitcoin would fall below this year. $20,000.</p><p>Mobius said in a media interview that although he expects the Bitcoin to fluctuate around $17,000 in the short term, interest rates will continue to rise with further rate hike by the Federal Reserve, and he predicts that by 2023, the Bitcoin may fall below $10,000.</p><p>The reason given is that the Federal Reserve's continued tightening monetary policy and rising interest rates make it less attractive to buy Bitcoin or other cryptocurrencies as interest rates rise, because holding these cryptocurrencies does not generate interest.</p><p>In addition, the Federal Reserve continues to tighten monetary policy sharply and rate hike, which makes the number of dollars circulating in the market decreasing, making it more difficult for investors to participate in cryptocurrency transactions.</p><p>Mobius has warned that many crypto companies are headed for bankruptcy as crypto prices plummet and liquidity dries up.</p><p>Among them, Celsius, a lending platform that provides high interest rates for cryptocurrency investors, filed for bankruptcy protection in July this year. In addition, BlockFi also recently filed for bankruptcy due to its large exposure to FTX.</p><p>A super storm</p><p>A super storm is brewing in global energy markets.</p><p>From December 5, the ban on Russian crude oil by the European Union and the United States will officially take effect, and traders have already felt the tense atmosphere.</p><p><b>According to shipbrokers, ongoing price negotiations show that tanker charges from the Baltic Sea to India will reach US $15 million, or US $20 per barrel, after the sanctions order takes effect. The previous freight rate was US $9 million, with a potential increase of 66.7%.</b></p><p>The surge in transportation costs reflects the severe challenges faced by Russian crude oil suppliers before the deadline, when top tanker owners from European countries such as Greece will stop providing shipping and other services for crude oil produced in Russia.</p><p>Another focus of current market attention is the price ceiling set by the G7 and the European Union on Russian oil. According to the sanctions policy, as long as the trading price of Russian oil is lower than the upper limit, it will not be affected by EU sanctions. According to the latest reports from multiple media, the European Commission, the executive body of the European Union, has proposed to 27 member states to set the price limit of Russian oil at US $60/barrel.</p><p>If the EU and G7 member states can reach an agreement, this price restriction measure will also be implemented together when the latest EU sanctions on Rosneft take effect on December 5.</p><p>However, it is worth mentioning that Russia has a very tough attitude towards this. It has already announced that it will not sell any oil and natural gas to countries involved in imposing price caps on Russian oil.</p><p>Prior to this, the EU was frantically importing Russian LNG. According to the British \"Financial Times\" report, in the first 10 months of 2022, Russia's LNG supply to European countries reached a record 17.8 billion cubic meters, a year-on-year increase of 42%; The cost is as high as 12.5 billion euros (about 92.5 billion yuan), five times that of the same period last year and a record high.</p><p>As the embargo takes effect approaches, some buyers and sellers of Russian crude oil have set their sights on the \"dark fleet\".</p><p>The \"dark fleet\" refers to oil tankers held by unidentified shipowners who are willing to continue transporting Russian oil despite the threat of sanctions. The \"dark fleet\" is mostly composed of older ships, many of which have a track record of dealing with Western sanctioned countries such as Iran.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/962be253ee7459c393769e9105cb1429","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288916102","content_text":"全球“币圈”的离奇事件不断。近日,俄罗斯币圈大佬、亿万富翁维亚切斯拉夫·塔兰 (Vyacheslav Taran)乘坐的直升机在法国和意大利边境处坠毁,塔兰不幸身亡。而在塔兰之前,已有2位币圈大佬离奇去世,分别是全球虚拟资产服务提供商Amber Group联合创始人库兰德于当地时间11月23日在睡梦中去世,年仅30岁;美国加密货币借贷平台MakerDAO联合创始人穆谢吉安于当地时间10月28日溺水身亡,年仅29岁。与此同时,加密货币市场也不平静。继全球第二大加密货币投资平台FTX爆雷后,虚拟货币贷款平台BlockFi也突然申请破产。受此消息影响,比特币价格一度跌至1.6万美元,最新价格(1.71万美元)相较于历史高位累计跌幅达75%。12月1日,“新兴市场教父”Mark Mobius警告称,2023年比特币将继续暴跌,或将跌破1万美元。全球能源市场的一场超级风暴也正在酝酿。12月5日起,欧盟、美国对俄罗斯原油的禁令将正式生效,贸易商已经感受到了紧张氛围。船舶经纪商表示,目前正在进行的价格谈判显示,在制裁令生效后,从波罗的海至印度的油轮费用将达到1500万美元,而之前的运价为900万美元,潜在涨幅高达66.7%。俄罗斯亿万富翁,坠机身亡据英国《每日邮报》等多家外媒报道,近日,53岁的俄罗斯亿万富翁维亚切斯拉夫·塔兰 (Vyacheslav Taran)乘坐的直升机从瑞士起飞后在法国和意大利边境处坠毁,塔兰不幸身亡。报道称,塔兰是机上唯一一名乘客,他与机上35岁的法国飞行员均遇难。目前,事故原因仍在调查中。据了解,俄罗斯驻法国大使馆已经证实了塔兰的死讯。同时,Libertex集团也发布声明称,创始人塔兰在前往摩纳哥的途中,因搭乘的直升机坠毁而身亡。值得一提的是,飞机失事时,当地天气良好、飞行员经验丰富、当局亦未指出直升机存在操作不当的问题。更为神秘的是,原本有一名旅客计划搭乘这架直升机前往摩纳哥,但其在起飞前的最后一刻取消了这趟行程,目前暂不清楚该名旅客的具体信息。报道称,塔兰是最新一位意外去世的加密货币领域企业家,也是今年以来又一位神秘离世的俄罗斯超级富豪。据公开资料显示,塔兰出生于俄罗斯,过去几年,其一直居住在摩纳哥,且在当地金融行业享有盛誉。他于1997年在俄罗斯创立了福瑞斯外汇交易平台“Forex Club”,2018年该平台被俄罗斯中央银行取消许可证后,继续在其他100多个国家开展业务。Libertex交易平台隶属于Forex Club Group,该平台提供广泛的金融产品,包括加密货币交易。有报道称,塔兰曾通过让俄罗斯公民参与货币投机活动,并向其保证能以最低投入赚取最大回报,大赚了数百万美元,令大量俄罗斯投资者血本无归。因此,有分析认为,这可能导致有很多俄罗斯人对其不满。据报道,因塔兰旗下子公司将客户引至离岸公司,俄罗斯央行已于2018年撤销了Forex Club的执照。近一个多月来,死亡阴影似乎笼罩在加密货币市场,在塔兰之前,已有2位币圈大佬意外离世。近日,全球虚拟资产服务提供商Amber Group发布公告称,公司联合创始人库兰德(Tiantian Kullander)于当地时间11月23日在睡梦中去世,年仅30岁。另外,据当地警方确认,美国加密货币借贷平台MakerDAO联合创始人穆谢吉安(Nikolai Mushegian)于当地时间10月28日在美国波多黎各Condado海滩边被发现溺水身亡,年仅29岁。MakerDAO于2017年在以太坊(Ethereum)区块链上推出,并在以太坊发行了首个去中心化稳定币DAI。崩盘的币圈与此同时,加密货币市场也不平静。当前,“币圈”危机仍在继续发酵。继全球第二大加密货币投资平台FTX爆雷后,虚拟货币贷款平台BlockFi也突然申请破产。受此消息影响,比特币价格应声大跌,一度跌至1.6万美元左右,随后稍有回升,最新价格为17113美元,相较于2021年11月的历史高位6.9万美元,累计跌幅高达75%。全球加密货币总市值由去年11月的3万亿美元缩水至大约9000亿美元。作为“币圈信仰”的比特币也遭遇崩盘,这无疑重创加密货币市场信心,“新兴市场教父”甚至发出警告,2023年比特币将继续暴跌。12月1日,Mobius Capital Partners的联合创始人Mark Mobius在接受媒体采访时称,比特币的价格一度跌破17000美元的技术支撑位,他预测2023年比特币还将暴跌40%,将跌破1万美元。公开资料显示,Mark Mobius于2018年成立了Mobius Capital Partners,在此之前,他曾担任邓普顿新兴市场集团的执行主席,被誉为“新兴市场教父”,并在今年成功预测比特币将跌破2万美元。Mobius在媒体采访中表示,虽然他预计比特币短期内将在17000美元附近上下波动,但随着美联储的进一步加息,利率将不断上涨,他预测到2023年,比特币可能会跌破1万美元。其给出的理由是,美联储的持续紧缩的货币政策和不断上涨的利率,随着利率上升,购买比特币或其他加密货币的吸引力会降低,因为持有这些加密货币并不会产生利息。另外,美联储持续大幅加息收紧货币政策,使得市场流通的美元正在减少,投资者变得更难参与加密货币的交易。Mobius警告称,随着加密货币价格暴跌和流动性枯竭,许多加密货币公司将走向破产。其中,Celsius是为加密货币投资者提供高利率的借贷平台,其于今年7月份申请了破产保护。另外,BlockFi因持有FTX很大的风险敞口,也于最近申请了破产。一场超级风暴全球能源市场的一场超级风暴正在酝酿。12月5日起,欧盟、美国对俄罗斯原油的禁令将正式生效,贸易商已经感受到了紧张氛围。据船舶经纪商表示,目前正在进行的价格谈判显示,在制裁令生效后,从波罗的海至印度的油轮费用将达到1500万美元,即20美元/桶。而之前的运价为900万美元,潜在涨幅高达66.7%。运输成本飙升反映出,俄罗斯原油供应商在最后截止日前所面临的严峻挑战,届时来自希腊等欧洲国家的顶级油轮所有者,将停止为俄罗斯生产的原油提供航运和其他服务。目前市场关注的另一个焦点是,G7和欧盟对俄油制定的价格上限。据制裁政策显示,只要俄油的交易价格低于上限,就可以不受欧盟制裁影响。据多家媒体的最新报道,欧盟执行机构欧盟委员会已经向27个成员国提议,将俄油限价定在60美元/桶。如果欧盟和G7成员国能够达成一致,这项价格限制措施,也将在12月5日欧盟俄油最新制裁生效时一同落地。但值得一提的是,俄罗斯方面对此态度非常强硬,其早已宣布,不会向参与对俄油实施价格上限的国家出售任何石油和天然气。而在此之前,欧盟正在疯狂进口俄罗斯的液化天然气,据英国《金融时报》报道,2022年前10个月,俄罗斯对欧洲国家的液化天然气供应量达到创纪录的178亿立方米,同比增长42%;耗资高达125亿欧元(约合人民币925亿元),是去年同期的五倍,亦创出历史最高纪录。随着禁运生效时点临近,部分俄罗斯原油的买卖双方,将目光投向了“黑暗船队”。“黑暗船队”是指,由未透露身份的船东持有的油轮,尽管面临制裁威胁,船东仍愿意继续运输俄油。而“黑暗船队”大多由较老的船只组成,其中许多有着与伊朗等受西方制裁国家打交道的记录。","news_type":1,"symbols_score_info":{"835174":1,"835184":1,"835185":1,"835305":1,"835368":1,"835508":1,"835640":1,"835670":1,"870436":1}},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966210535,"gmtCreate":1669549103928,"gmtModify":1676538206559,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966210535","repostId":"1121898777","repostType":4,"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960161079,"gmtCreate":1668098874391,"gmtModify":1676538012924,"author":{"id":"3581648325885484","authorId":"3581648325885484","name":"hangyuliang","avatar":"https://static.tigerbbs.com/666befce0f00a6a00c265bccefcc9033","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581648325885484","authorIdStr":"3581648325885484"},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960161079","repostId":"1106150398","repostType":4,"repost":{"id":"1106150398","kind":"news","weMediaInfo":{"introduction":"格隆汇旗下公众号。分享和探讨港股、美国中概股以及少量估值确有吸引力之A股的投资线索、投资机会与投资心得.","home_visible":1,"media_name":"格隆汇投资学苑","id":"3","head_image":"https://static.tigerbbs.com/5d7d04eb4f16b0013ed2c39f71b84b6c"},"pubTimestamp":1668093338,"share":"https://ttm.financial/m/news/1106150398?lang=en_US&edition=fundamental","pubTime":"2022-11-10 23:15","market":"us","language":"zh","title":"Heavy CPI slowed down more than expected! The Federal Reserve or a \"sharp turn\"?","url":"https://stock-news.laohu8.com/highlight/detail?id=1106150398","media":"格隆汇投资学苑","summary":"通胀见顶?万众瞩目的美国CPI数据来了!周四(11月10日)美国劳工统计局公布10月消费者物价指数(CPI)。数据显示,美国10月CPI同比上涨7.7%,预期为8%,前值为8.2%;剔除能源食品的核心","content":"<p><html><head></head><body>Inflation peaking? The much-anticipated US CPI data is here!</p><p>On Thursday (November 10), the U.S. Bureau of Labor Statistics released the October Consumer Price Index (CPI). Data show that the U.S. CPI rose by 7.7% year-on-year in October, expected to be 8%, and the previous value was 8.2%; The core CPI excluding energy food increased by 6.3% year-on-year, expected to be 6.5%, and the previous value was 6.6%.</p><p>It is worth mentioning that this is the first time in 7 months that it has fallen below 8% again, the smallest increase since January 2022.</p><p><img src=\"https://static.tigerbbs.com/5158c824c1768e66aa276dc96e8ae6ad\" tg-width=\"1678\" tg-height=\"1162\" referrerpolicy=\"no-referrer\"/></p><p>Affected by the news, the market reacted quickly. The three major U.S. stock indexes rose collectively at the opening. As of press time, the Nasdaq is up 4.39%, the Dow is up 2.1%, and the S&P 500 is up 3.22%.</p><p>Popular Chinese concept stocks rose sharply across the board, and the Nasdaq China Golden Dragon Index rose 6%.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Up 14%,<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>、<a href=\"https://laohu8.com/S/BZ\">BOSS Direct Recruitment</a>、<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Up more than 10%,<a href=\"https://laohu8.com/S/JD\">JD.com</a>Up 7%,<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>、<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>Up more than 6%.</p><p><img src=\"https://static.tigerbbs.com/b0561656314d40bfc5b43ba58eb12e8a\" tg-width=\"828\" tg-height=\"286\" referrerpolicy=\"no-referrer\"/></p><p>The US Dollar Index plunged, falling 1.63% and falling below 110 points. The offshore RMB continued to rise against the US dollar, rising above the 7.2 mark and rising nearly 800 points within the day.</p><p><img src=\"https://static.tigerbbs.com/6db79d331b586bf5be9d1b0c29baee4c\" tg-width=\"850\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/></p><p>Spot gold stood at $1,740 per ounce, the first time since August 30, and rose nearly 2% during the day.</p><p><img src=\"https://static.tigerbbs.com/41cf52d40e588ee84d47991cb70a2848\" tg-width=\"657\" tg-height=\"442\" referrerpolicy=\"no-referrer\"/></p><p><b>Inflation peaking?</b></p><p>Regarding inflation falling back to the \"7 range\", some institutions pointed out that the U.S. CPI growth in October was lower than expected, and the underlying inflation seems to have peaked, which will enable the Federal Reserve to slow down the pace of sharp rate hike. The annual CPI rate in the United States recorded 7.7% in October, the first time since February this year that it was lower than 8%.</p><p>The Federal Reserve last week issued its fourth consecutive 75 basis point rate hike and said it would need to raise borrowing costs further to bring inflation down to its 2% target.</p><p>However, this suggests that the Fed may be approaching the inflection point of its fastest rate hike cycle since the 1980s. While gasoline prices have risen after three consecutive months of declines, commodity inflation is slowing as demand returns to labor-intensive services and damaged global supply chains recover. Core CPI growth is also slowing, and while soaring rents are driving the core CPI higher, there are signs that rent increases may soon slow as well.</p><p>Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago, said:</p><p>The market thinks that this CPI data is very good, and the key point is not the annual rate, but the monthly rate continues to remain low. Many areas of concern have finally depressed the CPI data, indicating that this CPI data will have an impact and is having an impact. My current expectation is that the Fed will issue a rate hike of 50 basis points in December. We have never expected this before, and we have always thought that there will be a rate hike of 75 basis points.<b>The Fed slows down the pace of rate hike?</b></p><p>As one of the most important inflation indicators before the December meeting, the performance of the U.S. CPI in October has an important impact on the future policy path of the Federal Reserve.</p><p>\"Fed mouthpiece\" Nick Timiraos said the October inflation report could keep the Fed on schedule to deliver a 50 basis point rate hike next month. Officials have hinted that they are somewhat insensitive to recent inflation data and want to slow the pace of rate hike.</p><p>Fed Harker pointed out:</p><p>Rate hike 50 basis points remain significant, the Fed is expected to pause tightening at some point next year, and I support a rate hike pause when the funds rate hits around 4.5%. The U.S. economy is expected to grow 1.5% in 2023 and the unemployment rate will peak at 4.5%. Last week, while the Federal Reserve announced its fourth consecutive rate hike of 75 basis points, it also hinted at the possibility of slowing down its policy in the future. Recent statements from Federal Reserve officials also show that a consensus is forming to slow down rate hike, and Powell's proposal to move up the endpoint interest rate has also been confirmed.</p><p>Chicago Fed President Evans believes that it is no longer necessary to take a preemptive stance and move forward at a rate of no more than 75 basis points, and it makes sense to refer to more data before the target is reached.</p><p>Earlier, Minneapolis Fed President Kashkari also said that policymakers are working hard to achieve a soft landing for the U.S. economy, but will not back down in curbing high inflation. December rate hike of 50 basis points or 75 basis points are considered, but other options are not ruled out. He said:</p><p>We are unanimously committed to bringing inflation down to 2%, but there is a lag in the role of monetary policy. Some believe policymakers need to act even more, but the reason for not doing so is that it will take time for the Fed's actions to have an impact on demand and inflation. By taking positive actions, but also taking some steps at the same time, we can see how the economy develops. This reduces our risk of exceeding our targets. According to the latest display from the CME group Interest Rate Watch Tool (FedWatch), the probability of the Fed continuing rate hike by 75 basis points next month drops to about 19%, and the probability of rate hike by 50 basis points is 80%.</p><p><img src=\"https://static.tigerbbs.com/a2df9e3c9adea40754acd0fba79cc760\" tg-width=\"1024\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/></p><p>However,<a href=\"https://laohu8.com/S/600958\">Orient Securities</a>It is believed that even if the core CPI peaks, the downward pace may be relatively slow in the future.</p><p>Although inflation, the most important economic condition required for the Fed's policy shift, has indeed shown a certain degree of marginal change, and there is the possibility of developing towards a more optimistic situation, the market has fully priced the Fed's rate hike slowdown or even interest rate cut, and the Fed is still making a sharp rate hike, reflecting the current inflation trend and possible changes in expectations, which is not enough to be the trigger condition for the Fed to turn at this moment.</p><p>The Federal Reserve is developing towards a game strategy of being honest with the market. The most watched leading indicators and expectations are now not only the market consensus, but also the attention of the Federal Reserve. It hopes that the market will know this. Hence<b>, the expected fundamental changes will not have a significant impact on the Fed's current decision-making.</b></p><p></body></html></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>Heavy CPI slowed down more than expected! The Federal Reserve or a \"sharp turn\"?</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\">\nHeavy CPI slowed down more than expected! The Federal Reserve or a \"sharp turn\"?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/3\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/5d7d04eb4f16b0013ed2c39f71b84b6c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">格隆汇投资学苑 </p>\n<p class=\"h-time smaller\">2022-11-10 23:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Inflation peaking? The much-anticipated US CPI data is here!</p><p>On Thursday (November 10), the U.S. Bureau of Labor Statistics released the October Consumer Price Index (CPI). Data show that the U.S. CPI rose by 7.7% year-on-year in October, expected to be 8%, and the previous value was 8.2%; The core CPI excluding energy food increased by 6.3% year-on-year, expected to be 6.5%, and the previous value was 6.6%.</p><p>It is worth mentioning that this is the first time in 7 months that it has fallen below 8% again, the smallest increase since January 2022.</p><p><img src=\"https://static.tigerbbs.com/5158c824c1768e66aa276dc96e8ae6ad\" tg-width=\"1678\" tg-height=\"1162\" referrerpolicy=\"no-referrer\"/></p><p>Affected by the news, the market reacted quickly. The three major U.S. stock indexes rose collectively at the opening. As of press time, the Nasdaq is up 4.39%, the Dow is up 2.1%, and the S&P 500 is up 3.22%.</p><p>Popular Chinese concept stocks rose sharply across the board, and the Nasdaq China Golden Dragon Index rose 6%.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Up 14%,<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>、<a href=\"https://laohu8.com/S/BZ\">BOSS Direct Recruitment</a>、<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Up more than 10%,<a href=\"https://laohu8.com/S/JD\">JD.com</a>Up 7%,<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>、<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>Up more than 6%.</p><p><img src=\"https://static.tigerbbs.com/b0561656314d40bfc5b43ba58eb12e8a\" tg-width=\"828\" tg-height=\"286\" referrerpolicy=\"no-referrer\"/></p><p>The US Dollar Index plunged, falling 1.63% and falling below 110 points. The offshore RMB continued to rise against the US dollar, rising above the 7.2 mark and rising nearly 800 points within the day.</p><p><img src=\"https://static.tigerbbs.com/6db79d331b586bf5be9d1b0c29baee4c\" tg-width=\"850\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/></p><p>Spot gold stood at $1,740 per ounce, the first time since August 30, and rose nearly 2% during the day.</p><p><img src=\"https://static.tigerbbs.com/41cf52d40e588ee84d47991cb70a2848\" tg-width=\"657\" tg-height=\"442\" referrerpolicy=\"no-referrer\"/></p><p><b>Inflation peaking?</b></p><p>Regarding inflation falling back to the \"7 range\", some institutions pointed out that the U.S. CPI growth in October was lower than expected, and the underlying inflation seems to have peaked, which will enable the Federal Reserve to slow down the pace of sharp rate hike. The annual CPI rate in the United States recorded 7.7% in October, the first time since February this year that it was lower than 8%.</p><p>The Federal Reserve last week issued its fourth consecutive 75 basis point rate hike and said it would need to raise borrowing costs further to bring inflation down to its 2% target.</p><p>However, this suggests that the Fed may be approaching the inflection point of its fastest rate hike cycle since the 1980s. While gasoline prices have risen after three consecutive months of declines, commodity inflation is slowing as demand returns to labor-intensive services and damaged global supply chains recover. Core CPI growth is also slowing, and while soaring rents are driving the core CPI higher, there are signs that rent increases may soon slow as well.</p><p>Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago, said:</p><p>The market thinks that this CPI data is very good, and the key point is not the annual rate, but the monthly rate continues to remain low. Many areas of concern have finally depressed the CPI data, indicating that this CPI data will have an impact and is having an impact. My current expectation is that the Fed will issue a rate hike of 50 basis points in December. We have never expected this before, and we have always thought that there will be a rate hike of 75 basis points.<b>The Fed slows down the pace of rate hike?</b></p><p>As one of the most important inflation indicators before the December meeting, the performance of the U.S. CPI in October has an important impact on the future policy path of the Federal Reserve.</p><p>\"Fed mouthpiece\" Nick Timiraos said the October inflation report could keep the Fed on schedule to deliver a 50 basis point rate hike next month. Officials have hinted that they are somewhat insensitive to recent inflation data and want to slow the pace of rate hike.</p><p>Fed Harker pointed out:</p><p>Rate hike 50 basis points remain significant, the Fed is expected to pause tightening at some point next year, and I support a rate hike pause when the funds rate hits around 4.5%. The U.S. economy is expected to grow 1.5% in 2023 and the unemployment rate will peak at 4.5%. Last week, while the Federal Reserve announced its fourth consecutive rate hike of 75 basis points, it also hinted at the possibility of slowing down its policy in the future. Recent statements from Federal Reserve officials also show that a consensus is forming to slow down rate hike, and Powell's proposal to move up the endpoint interest rate has also been confirmed.</p><p>Chicago Fed President Evans believes that it is no longer necessary to take a preemptive stance and move forward at a rate of no more than 75 basis points, and it makes sense to refer to more data before the target is reached.</p><p>Earlier, Minneapolis Fed President Kashkari also said that policymakers are working hard to achieve a soft landing for the U.S. economy, but will not back down in curbing high inflation. December rate hike of 50 basis points or 75 basis points are considered, but other options are not ruled out. He said:</p><p>We are unanimously committed to bringing inflation down to 2%, but there is a lag in the role of monetary policy. Some believe policymakers need to act even more, but the reason for not doing so is that it will take time for the Fed's actions to have an impact on demand and inflation. By taking positive actions, but also taking some steps at the same time, we can see how the economy develops. This reduces our risk of exceeding our targets. According to the latest display from the CME group Interest Rate Watch Tool (FedWatch), the probability of the Fed continuing rate hike by 75 basis points next month drops to about 19%, and the probability of rate hike by 50 basis points is 80%.</p><p><img src=\"https://static.tigerbbs.com/a2df9e3c9adea40754acd0fba79cc760\" tg-width=\"1024\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/></p><p>However,<a href=\"https://laohu8.com/S/600958\">Orient Securities</a>It is believed that even if the core CPI peaks, the downward pace may be relatively slow in the future.</p><p>Although inflation, the most important economic condition required for the Fed's policy shift, has indeed shown a certain degree of marginal change, and there is the possibility of developing towards a more optimistic situation, the market has fully priced the Fed's rate hike slowdown or even interest rate cut, and the Fed is still making a sharp rate hike, reflecting the current inflation trend and possible changes in expectations, which is not enough to be the trigger condition for the Fed to turn at this moment.</p><p>The Federal Reserve is developing towards a game strategy of being honest with the market. The most watched leading indicators and expectations are now not only the market consensus, but also the attention of the Federal Reserve. It hopes that the market will know this. Hence<b>, the expected fundamental changes will not have a significant impact on the Fed's current decision-making.</b></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1c7221d934f1008e531bdf79c8cfe0ee","relate_stocks":{"513500":"标普500ETF","DJX":"1/100道琼斯","OEX":"标普100","UPRO":"三倍做多标普500ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF-ProShares","CPI":"IQ Real Return ETF","SH":"做空标普500-Proshares","SSO":"2倍做多标普500ETF-ProShares",".DJI":"道琼斯","DXD":"两倍做空道琼30指数ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","TQQQ":"纳指三倍做多ETF","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","SDOW":"三倍做空道指30ETF-ProShares","BK4559":"巴菲特持仓","DOG":"道指ETF-ProShares做空","BK4504":"桥水持仓",".SPX":"S&P 500 Index","BK4550":"红杉资本持仓","SDS":"两倍做空标普500 ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","OEF":"标普100指数ETF-iShares","IVV":"标普500ETF-iShares","SQQQ":"纳指三倍做空ETF","UDOW":"三倍做多道指30ETF-ProShares"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106150398","content_text":"通胀见顶?万众瞩目的美国CPI数据来了!周四(11月10日)美国劳工统计局公布10月消费者物价指数(CPI)。数据显示,美国10月CPI同比上涨7.7%,预期为8%,前值为8.2%;剔除能源食品的核心CPI同比增长6.3%,预期6.5%,前值6.6%。值得一提的是,这是时隔7个月再度回落至8%以下,为2022年1月以来最小增幅。受消息影响,市场迅速反应。美股开盘三大指数集体上涨,截止发稿,纳指现涨4.39%,道指涨2.1%,标普500指数涨3.22%。热门中概股全线大涨,纳斯达克中国金龙指数涨6%,蔚来涨14%,小鹏汽车、BOSS直聘、理想汽车、哔哩哔哩涨超10%,京东涨7%,拼多多、唯品会涨超6%。美元指数大跳水,下跌1.63%失守110点。离岸人民币兑美元持续走高,升破7.2关口,日内涨近800点。现货黄金站上1740美元/盎司,为8月30日以来首次,日内大涨近2%。通胀见顶?对于通胀回落至“7区间”,有机构指出,美国10月CPI增幅低于预期,基础通胀似乎已见顶,这将使美联储能够放慢大幅加息的步伐。美国10月CPI年率录得7.7%,为今年2月以来首次低于8%。美联储上周连续第四次加息75个基点,并表示要将通胀率降至2%的目标,需要进一步提高借贷成本。不过,这暗示美联储可能正接近上世纪80年代以来最快的一次加息周期的拐点。尽管汽油价格在连续三个月下跌后出现上涨,但商品通胀正在放缓,因需求重新转向劳动密集型服务,且受损的全球供应链复苏。核心CPI增速也在放缓,虽然不断飙升的租金推动核心CPI上涨,但有迹象表明,租金上涨也可能很快就会放缓。芝加哥Kingsview投资管理公司投资组合经理Paul Nolte表示:市场认为这个CPI数据很好,重点不在于年率,而在于月率继续维持低位。很多大家关注的领域终于压低了CPI数据,表明这次的CPI数据将产生影响,而且正在产生影响,我现在的预期是美联储将在12月加息50个基点。我们此前从未这样预期过,一直都认为会加息75个基点。美联储放缓加息步伐?作为12月会议前最重要的通胀指标之一,美国10月CPI的表现对美联储未来的政策路径产生重要影响。“美联储传声筒”Nick Timiraos表示,10月份的通胀报告可能会使美联储按计划于下月加息50个基点。官员们已经暗示,他们对近期通胀数据有些不敏感,希望放缓加息步伐。美联储哈克指出:加息50个基点仍然意义重大,预计美联储将在明年的某个时候暂停紧缩政策,我支持在基金利率达到4.5%左右时暂停加息。预计2023年美国经济将增长1.5%,失业率将达到4.5%的峰值。上周,美联储宣布连续第四次加息75个基点的同时,也暗示了接下来放缓政策力度的可能性。近期美联储官员的表态也显示,放缓加息正在形成共识,鲍威尔提出的终点利率上移也得到了确认。芝加哥联储主席埃文斯认为,不再需要采取先发制人的立场,以不超过75个基点的速度前进,在目标达成前参考更多数据是有意义的。此前,明尼阿波利斯联储主席卡什卡利也曾表示,政策制定者正努力实现美国经济软着陆,但不会在遏制高通胀方面退缩。12月加息50个基点或75个基点均在考虑之列,但不排除其他选项。他表示:我们一致承诺将通胀率降至2%,但货币政策的作用存在滞后性。一些人认为政策制定者的行动幅度甚至需要更大,但没有这样做的原因是美联储的行动需要时间才能对需求和通胀产生影响。通过积极行动,但同时也采取一些步骤,我们就能看到经济如何发展。这降低了我们超出目标的风险。据芝商所利率观察工具(FedWatch)最新显示,下月美联储继续加息75个基点的概率降至19%左右,加息50个基点的概率为80%。不过,东方证券认为,核心CPI即使见顶,在未来下行的节奏也可能是较为缓慢的。尽管美联储政策转向所需的最重要的经济条件——通胀,确实出现了一定程度的边际变化,并且有向着更加乐观的情形发展的可能性,然而在市场已经为美联储放缓加息甚至降息充分定价的情况下,美联储仍在持续大幅加息,反映出当前通胀的趋势和预期可能发生的变化,不足以成为美联储此刻转向的触发条件。美联储正在向着同市场坦诚相见的博弈策略发展,最受关注的领先指标和预期,现在不仅仅是市场共识,也被美联储关注到,其希望市场知道这一点。因此,预期的基本面变化趋势,并不对美联储当期决策产生重大影响。","news_type":1,"symbols_score_info":{"513500":0.9,"DOG":0.9,"SH":0.9,"DDM":0.9,"SQQQ":0.9,"QID":0.9,"CPI":0.9,".IXIC":0.9,"OEX":0.9,"SDS":0.9,".SPX":0.9,"TQQQ":0.9,".DJI":0.9,"PSQ":0.9,"SPY":0.9,"OEF":0.9,"QQQ":0.9,"UPRO":0.9,"UDOW":0.9,"SDOW":0.9,"MNQmain":0.9,"SSO":0.9,"DJX":0.9,"SPXU":0.9,"IVV":0.9,"NQmain":0.9,"DXD":0.9}},"isVote":1,"tweetType":1,"viewCount":352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}