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2023-01-04

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2023-01-14

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2023-01-09

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2023-01-22

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Closure Reminder | Spring Festival Holiday Coming, List of Closure Arrangements in Major Markets

2023-01-10

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2023-01-08

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2022-12-30

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2022-12-16

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2022-12-11

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Li Xiang's Dream of a Trillion Car Empire, Starting with Organizational Change

2021-06-06

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410 billion yuan! Can Ningde welcome the huge lifting of the ban in the era, and can it survive safely?

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Analysts trying to explain how it happened say dynamics in derivatives trading may be playing a role.While cooling inflation and better-than-feared earnings have helped promote calm in a market less vulnerable to valuation shocks after last year’s declines, fresh research is being published almost daily into how newly popular varieties of stock options act as forces for and against equity volatility.The latest to weigh in are strategists at JPMorgan Chase &amp; Co., who argue that the interplay of zero-day stock options — fast-expiring contracts whose use exploded in the last year — and more conventional longer-dated ones is combining to dampen big and decisive moves in the broa","listText":"A year after being shaken awake by an ultra-aggressive Federal Reserve, the stock market has gone back to sleep. 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Analysts trying to explain how it happened say dynamics in derivatives trading may be playing a role.While cooling inflation and better-than-feared earnings have helped promote calm in a market less vulnerable to valuation shocks after last year’s declines, fresh research is being published almost daily into how newly popular varieties of stock options act as forces for and against equity volatility.The latest to weigh in are strategists at JPMorgan Chase & Co., who argue that the interplay of zero-day stock options — fast-expiring contracts whose use exploded in the last year — and more conventional longer-dated ones is combining to dampen big and decisive moves in the broa","images":[],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970653761","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970250963,"gmtCreate":1684501137552,"gmtModify":1684501140981,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970250963","repostId":"9970627598","repostType":1,"repost":{"id":9970627598,"gmtCreate":1684410056015,"gmtModify":1684410084171,"author":{"id":"3527667618821228","authorId":"3527667618821228","name":"MillionaireTiger","avatar":"https://static.tigerbbs.com/dc558bf32e48ad6ed6d057026ef55af7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667618821228","idStr":"3527667618821228"},"themes":[],"title":"【Thursday Special】What is the Next Big Short?","htmlText":"Welcome&nbsp;to&nbsp;this&nbsp;week's&nbsp;Thursday&nbsp;Special!&nbsp;The Big Short: Michael Burry tweeted \"Sell EVERYTHING\" in 2022. Michael Burry just sold all his stocks and the reason why is terrifying - YouTubeAnd he said \"Sell\" at the end of January this year. It seems he only sells at the correct time once. [LOL]Will Stocks Fall? Michael Burry Says 'Sell' in Ominous Tweet Ahead of Fed - BloombergSo, today’s topic is “What is the next big short?”You may find some clues from earnings, the \"black swan,\" any data that exceeds expectations or deviates from the norm. Please share your opinions with evidence in the comments.For example, some people believe it is a cryptocurrency, while others think it is commercial real estate. What are your thoughts?Tips:Everyone&nbsp;who&nbsp;shares&amp;nbs","listText":"Welcome&nbsp;to&nbsp;this&nbsp;week's&nbsp;Thursday&nbsp;Special!&nbsp;The Big Short: Michael Burry tweeted \"Sell EVERYTHING\" in 2022. Michael Burry just sold all his stocks and the reason why is terrifying - YouTubeAnd he said \"Sell\" at the end of January this year. It seems he only sells at the correct time once. [LOL]Will Stocks Fall? Michael Burry Says 'Sell' in Ominous Tweet Ahead of Fed - BloombergSo, today’s topic is “What is the next big short?”You may find some clues from earnings, the \"black swan,\" any data that exceeds expectations or deviates from the norm. Please share your opinions with evidence in the comments.For example, some people believe it is a cryptocurrency, while others think it is commercial real estate. What are your thoughts?Tips:Everyone&nbsp;who&nbsp;shares&amp;nbs","text":"Welcome to this week's Thursday Special! The Big Short: Michael Burry tweeted \"Sell EVERYTHING\" in 2022. Michael Burry just sold all his stocks and the reason why is terrifying - YouTubeAnd he said \"Sell\" at the end of January this year. It seems he only sells at the correct time once. [LOL]Will Stocks Fall? Michael Burry Says 'Sell' in Ominous Tweet Ahead of Fed - BloombergSo, today’s topic is “What is the next big short?”You may find some clues from earnings, the \"black swan,\" any data that exceeds expectations or deviates from the norm. Please share your opinions with evidence in the comments.For example, some people believe it is a cryptocurrency, while others think it is commercial real estate. What are your thoughts?Tips:Everyone who shares&nbs","images":[{"img":"https://community-static.tradeup.com/news/702786c6613d01d2bab9e6e4aedef1cb","width":"1280","height":"720"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970627598","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970250074,"gmtCreate":1684501110098,"gmtModify":1684501114577,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970250074","repostId":"9970847269","repostType":1,"repost":{"id":9970847269,"gmtCreate":1684325192551,"gmtModify":1684325231654,"author":{"id":"3527667668165440","authorId":"3527667668165440","name":"Capital_Insights","avatar":"https://static.tigerbbs.com/cfdc66fff48bb2b9e2d328ac5eb33100","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667668165440","idStr":"3527667668165440"},"themes":[],"title":"The Top 20 Holdings of Institution: $MSFT, $AAPL, $AMZN...","htmlText":"Under SEC regulations, fund managers with assets under management exceeding $100 million are required to file a document known as \"Form 13F\" within 45 days of each quarter's end, disclosing their holdings in stocks and bonds.Recently, major institutions have released their position data. Based on the 13F holdings data, do you know which stocks the institutions purchased in Q1?The following chart presents the top 20 holdings of institutional investors:Ticker# Shareholding institutions#Institutions QoQ (%)Market value of institutional holdings ($M) <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a> 3,8000.81,009,842.09 <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> 3,7190.46978,148.19 <a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a> 3,328-0.3424,312.75","listText":"Under SEC regulations, fund managers with assets under management exceeding $100 million are required to file a document known as \"Form 13F\" within 45 days of each quarter's end, disclosing their holdings in stocks and bonds.Recently, major institutions have released their position data. Based on the 13F holdings data, do you know which stocks the institutions purchased in Q1?The following chart presents the top 20 holdings of institutional investors:Ticker# Shareholding institutions#Institutions QoQ (%)Market value of institutional holdings ($M) <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a> 3,8000.81,009,842.09 <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> 3,7190.46978,148.19 <a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a> 3,328-0.3424,312.75","text":"Under SEC regulations, fund managers with assets under management exceeding $100 million are required to file a document known as \"Form 13F\" within 45 days of each quarter's end, disclosing their holdings in stocks and bonds.Recently, major institutions have released their position data. Based on the 13F holdings data, do you know which stocks the institutions purchased in Q1?The following chart presents the top 20 holdings of institutional investors:Ticker# Shareholding institutions#Institutions QoQ (%)Market value of institutional holdings ($M) $Microsoft(MSFT)$ 3,8000.81,009,842.09 $Apple(AAPL)$ 3,7190.46978,148.19 $Amazon.com(AMZN)$ 3,328-0.3424,312.75","images":[],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970847269","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970227440,"gmtCreate":1684500967680,"gmtModify":1684500971635,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970227440","repostId":"1159727923","repostType":2,"repost":{"id":"1159727923","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1684497411,"share":"https://ttm.financial/m/news/1159727923?lang=en_US&edition=fundamental","pubTime":"2023-05-19 19:56","market":"us","language":"en","title":"Pre-Bell｜U.S. Futures Edge Higher; Alibaba Extends Losses; One Luxury E-Tailer Soars","url":"https://stock-news.laohu8.com/highlight/detail?id=1159727923","media":"Tiger Newspress","summary":"U.S. stock index futures edged higher on Friday on optimism that a deal to avoid a catastrophic U.S.","content":"<html><head></head><body><p>U.S. stock index futures edged higher on Friday on optimism that a deal to avoid a catastrophic U.S. debt default could be reached over the weekend.</p><p style=\"text-align: start;\">President Joe Biden and Republican U.S. House Speaker Kevin McCarthy have voiced growing confidence about striking a deal soon, although they could be tripped up by last-minute opposition from the hardline House Freedom Caucus.</p><p style=\"text-align: start;\">Federal Reserve Chair Jerome Powell is expected to speak at an economic forum later in the day, a panel discussion that will be scrutinized for any further clues on the path of U.S. monetary policy. Former chair Ben Bernanke is also expected to participate in the panel.</p><h2>Market Snapshot</h2><p>At 5:46 a.m. ET, Dow e-minis were up 71 points, or 0.21%, S&amp;P 500 e-minis were up 8.5 points, or 0.2%, and Nasdaq 100 e-minis were up 2.25 points, or 0.02%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/270a3778af73177f4a38baebd5a446d1\" tg-width=\"408\" tg-height=\"200\"/></p><h2>Pre-Market Movers</h2><p><strong>Alibaba (BABA)</strong> - American depositary receipts of Alibaba fell 1.4% in premarket trading, extending losses from the previous session when the ADRs declined more than 5% after the Chinese e-commerce giant said it would spin off its prized cloud division. Revenue in the cloud division disappointed in the fiscal fourth quarter, falling 2% year over year to $2.71 billion, shy of analysts’ expectations.</p><p><strong>Palantir (PLTR)</strong> - Shares of Palantir Technologies edged up in premarket trading. The stock gained nearly 15% on Thursday after Cathie Wood’s ARK Investment disclosed that several of its funds on Wednesday purchased a total of 1.26 million shares in the analytics software company. ARK purchased another 287,000 Palantir shares on Thursday.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia was down 0.5% to $315.37 in premarket trading. Shares of the graphics chip maker closed up nearly 5% on Thursday. During the trading session the stock had risen to as high as $318.28, just off its all-time close of $333.76 set in November 2021. Boosting the stock Thursday was the unveiling of new graphics cards featuring the company’s Ada Lovelace architecture.</p><p><strong>Occidental Petroleum (OXY)</strong>  - Occidental Petroleum was rising 1% in premarket trading. Berkshire Hathaway (BRK.A) bought about 3.5 million shares of Occidental at a price of $58 on Tuesday, Wednesday and Thursday, raising its interest to 217.3 million shares, or 24.4% of the company, according to filing released late Thursday.</p><p><strong>Walt Disney (DIS)</strong> - Disney shares fell 0.8% after the entertainment giant said it was dropping plans to build a sprawling business campus near Orlando. Josh D’Amaro, chairman of Disney parks, experiences, and products, said in a memo to staff that the company no longer plans to build the Lake Nona campus due to “considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions.”</p><p><strong>Farfetch (FTCH)</strong> - Farfetch surged 25.6% in premarket trading after the luxury fashion company reported a narrower-than-expected first-quarter loss and sales rose 8% to $556.4 million, higher than analysts’ forecasts.</p><p><strong>Deere (DE)</strong> - Deere reported fiscal second-quarter earnings of $9.65 a share, topping analysts’ estimates, and said sales in the period jumped 30% to $17.4 billion, which also beat forecasts. Deere shares rose 3.7% in premarket trading.</p><p><strong>Foot Locker (FL)</strong> - Foot Locker stock was falling 25.3% after the footwear retailer slashed its fiscal-year earnings outlook after first-quarter earnings and sales missed analysts’ estimates.</p><p><strong>Applied Materials (AMAT)</strong> - Applied Materials  reported fiscal second-quarter earnings that beat Wall Street’s expectations, but the outlook from the semiconductor-manufacturing equipment maker failed to excite investors and the stock was down 1.4% in premarket trading. Applied Materials said the major consumer electronic markets, including PCs and smartphones, have remained weak. </p><p><strong>Ross Stores (ROST)</strong> - First-quarter sales of $4.49 billion at Ross Stores rose from a year earlier but the off-price retailer said same-store sales for the second quarter and fiscal year would be flat from the year-earlier periods. Ross shares declined 0.4%.</p><h2>Market News</h2><h3>McCarthy, Schumer Eye Debt-Limit Votes Ahead of June 1 Deadline</h3><p>House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are making plans for votes in the coming days on a bipartisan deal to avert a catastrophic US debt default. </p><p>McCarthy said that negotiators on the federal debt limit may reach an agreement in principle as soon as this weekend, lining up a vote in his chamber. </p><h3>Japan&#39;s Nikkei Powers to 1990 &#34;Bubble&#34; Era High</h3><p>Japan&#39;s Nikkei share average rallied on Friday to the highest since August 1990, the country&#39;s so-called &#34;bubble&#34; era, driven by a confluence of positive factors from strong earnings to optimism over a U.S. debt ceiling deal.</p><p>Japan&#39;s stock rally has been powered by a string of strong corporate results, a weaker yen amid views that the Bank of Japan will keep stimulus for longer and an economy that is starting to show signs of a post-COVID consumption revival. Foreign buying thanks to increased investment by Warren Buffett and a push for better corporate governance by the Tokyo Stock Exchange also provided some impetus.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Futures Edge Higher; Alibaba Extends Losses; One Luxury E-Tailer Soars</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Edge Higher; Alibaba Extends Losses; One Luxury E-Tailer Soars\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-19 19:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures edged higher on Friday on optimism that a deal to avoid a catastrophic U.S. debt default could be reached over the weekend.</p><p style=\"text-align: start;\">President Joe Biden and Republican U.S. House Speaker Kevin McCarthy have voiced growing confidence about striking a deal soon, although they could be tripped up by last-minute opposition from the hardline House Freedom Caucus.</p><p style=\"text-align: start;\">Federal Reserve Chair Jerome Powell is expected to speak at an economic forum later in the day, a panel discussion that will be scrutinized for any further clues on the path of U.S. monetary policy. Former chair Ben Bernanke is also expected to participate in the panel.</p><h2>Market Snapshot</h2><p>At 5:46 a.m. ET, Dow e-minis were up 71 points, or 0.21%, S&amp;P 500 e-minis were up 8.5 points, or 0.2%, and Nasdaq 100 e-minis were up 2.25 points, or 0.02%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/270a3778af73177f4a38baebd5a446d1\" tg-width=\"408\" tg-height=\"200\"/></p><h2>Pre-Market Movers</h2><p><strong>Alibaba (BABA)</strong> - American depositary receipts of Alibaba fell 1.4% in premarket trading, extending losses from the previous session when the ADRs declined more than 5% after the Chinese e-commerce giant said it would spin off its prized cloud division. Revenue in the cloud division disappointed in the fiscal fourth quarter, falling 2% year over year to $2.71 billion, shy of analysts’ expectations.</p><p><strong>Palantir (PLTR)</strong> - Shares of Palantir Technologies edged up in premarket trading. The stock gained nearly 15% on Thursday after Cathie Wood’s ARK Investment disclosed that several of its funds on Wednesday purchased a total of 1.26 million shares in the analytics software company. ARK purchased another 287,000 Palantir shares on Thursday.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia was down 0.5% to $315.37 in premarket trading. Shares of the graphics chip maker closed up nearly 5% on Thursday. During the trading session the stock had risen to as high as $318.28, just off its all-time close of $333.76 set in November 2021. Boosting the stock Thursday was the unveiling of new graphics cards featuring the company’s Ada Lovelace architecture.</p><p><strong>Occidental Petroleum (OXY)</strong>  - Occidental Petroleum was rising 1% in premarket trading. Berkshire Hathaway (BRK.A) bought about 3.5 million shares of Occidental at a price of $58 on Tuesday, Wednesday and Thursday, raising its interest to 217.3 million shares, or 24.4% of the company, according to filing released late Thursday.</p><p><strong>Walt Disney (DIS)</strong> - Disney shares fell 0.8% after the entertainment giant said it was dropping plans to build a sprawling business campus near Orlando. Josh D’Amaro, chairman of Disney parks, experiences, and products, said in a memo to staff that the company no longer plans to build the Lake Nona campus due to “considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions.”</p><p><strong>Farfetch (FTCH)</strong> - Farfetch surged 25.6% in premarket trading after the luxury fashion company reported a narrower-than-expected first-quarter loss and sales rose 8% to $556.4 million, higher than analysts’ forecasts.</p><p><strong>Deere (DE)</strong> - Deere reported fiscal second-quarter earnings of $9.65 a share, topping analysts’ estimates, and said sales in the period jumped 30% to $17.4 billion, which also beat forecasts. Deere shares rose 3.7% in premarket trading.</p><p><strong>Foot Locker (FL)</strong> - Foot Locker stock was falling 25.3% after the footwear retailer slashed its fiscal-year earnings outlook after first-quarter earnings and sales missed analysts’ estimates.</p><p><strong>Applied Materials (AMAT)</strong> - Applied Materials  reported fiscal second-quarter earnings that beat Wall Street’s expectations, but the outlook from the semiconductor-manufacturing equipment maker failed to excite investors and the stock was down 1.4% in premarket trading. Applied Materials said the major consumer electronic markets, including PCs and smartphones, have remained weak. </p><p><strong>Ross Stores (ROST)</strong> - First-quarter sales of $4.49 billion at Ross Stores rose from a year earlier but the off-price retailer said same-store sales for the second quarter and fiscal year would be flat from the year-earlier periods. Ross shares declined 0.4%.</p><h2>Market News</h2><h3>McCarthy, Schumer Eye Debt-Limit Votes Ahead of June 1 Deadline</h3><p>House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are making plans for votes in the coming days on a bipartisan deal to avert a catastrophic US debt default. </p><p>McCarthy said that negotiators on the federal debt limit may reach an agreement in principle as soon as this weekend, lining up a vote in his chamber. </p><h3>Japan&#39;s Nikkei Powers to 1990 &#34;Bubble&#34; Era High</h3><p>Japan&#39;s Nikkei share average rallied on Friday to the highest since August 1990, the country&#39;s so-called &#34;bubble&#34; era, driven by a confluence of positive factors from strong earnings to optimism over a U.S. debt ceiling deal.</p><p>Japan&#39;s stock rally has been powered by a string of strong corporate results, a weaker yen amid views that the Bank of Japan will keep stimulus for longer and an economy that is starting to show signs of a post-COVID consumption revival. Foreign buying thanks to increased investment by Warren Buffett and a push for better corporate governance by the Tokyo Stock Exchange also provided some impetus.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","AMAT":"应用材料","DE":"迪尔股份有限公司","DIS":"迪士尼",".IXIC":"NASDAQ Composite","OXY":"西方石油",".SPX":"S&P 500 Index","PLTR":"Palantir Technologies Inc.","BABA":"阿里巴巴","ROST":"罗斯百货有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159727923","content_text":"U.S. stock index futures edged higher on Friday on optimism that a deal to avoid a catastrophic U.S. debt default could be reached over the weekend.President Joe Biden and Republican U.S. House Speaker Kevin McCarthy have voiced growing confidence about striking a deal soon, although they could be tripped up by last-minute opposition from the hardline House Freedom Caucus.Federal Reserve Chair Jerome Powell is expected to speak at an economic forum later in the day, a panel discussion that will be scrutinized for any further clues on the path of U.S. monetary policy. Former chair Ben Bernanke is also expected to participate in the panel.Market SnapshotAt 5:46 a.m. ET, Dow e-minis were up 71 points, or 0.21%, S&P 500 e-minis were up 8.5 points, or 0.2%, and Nasdaq 100 e-minis were up 2.25 points, or 0.02%.Pre-Market MoversAlibaba (BABA) - American depositary receipts of Alibaba fell 1.4% in premarket trading, extending losses from the previous session when the ADRs declined more than 5% after the Chinese e-commerce giant said it would spin off its prized cloud division. Revenue in the cloud division disappointed in the fiscal fourth quarter, falling 2% year over year to $2.71 billion, shy of analysts’ expectations.Palantir (PLTR) - Shares of Palantir Technologies edged up in premarket trading. The stock gained nearly 15% on Thursday after Cathie Wood’s ARK Investment disclosed that several of its funds on Wednesday purchased a total of 1.26 million shares in the analytics software company. ARK purchased another 287,000 Palantir shares on Thursday.Nvidia (NVDA) - Nvidia was down 0.5% to $315.37 in premarket trading. Shares of the graphics chip maker closed up nearly 5% on Thursday. During the trading session the stock had risen to as high as $318.28, just off its all-time close of $333.76 set in November 2021. Boosting the stock Thursday was the unveiling of new graphics cards featuring the company’s Ada Lovelace architecture.Occidental Petroleum (OXY)  - Occidental Petroleum was rising 1% in premarket trading. Berkshire Hathaway (BRK.A) bought about 3.5 million shares of Occidental at a price of $58 on Tuesday, Wednesday and Thursday, raising its interest to 217.3 million shares, or 24.4% of the company, according to filing released late Thursday.Walt Disney (DIS) - Disney shares fell 0.8% after the entertainment giant said it was dropping plans to build a sprawling business campus near Orlando. Josh D’Amaro, chairman of Disney parks, experiences, and products, said in a memo to staff that the company no longer plans to build the Lake Nona campus due to “considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions.”Farfetch (FTCH) - Farfetch surged 25.6% in premarket trading after the luxury fashion company reported a narrower-than-expected first-quarter loss and sales rose 8% to $556.4 million, higher than analysts’ forecasts.Deere (DE) - Deere reported fiscal second-quarter earnings of $9.65 a share, topping analysts’ estimates, and said sales in the period jumped 30% to $17.4 billion, which also beat forecasts. Deere shares rose 3.7% in premarket trading.Foot Locker (FL) - Foot Locker stock was falling 25.3% after the footwear retailer slashed its fiscal-year earnings outlook after first-quarter earnings and sales missed analysts’ estimates.Applied Materials (AMAT) - Applied Materials  reported fiscal second-quarter earnings that beat Wall Street’s expectations, but the outlook from the semiconductor-manufacturing equipment maker failed to excite investors and the stock was down 1.4% in premarket trading. Applied Materials said the major consumer electronic markets, including PCs and smartphones, have remained weak. Ross Stores (ROST) - First-quarter sales of $4.49 billion at Ross Stores rose from a year earlier but the off-price retailer said same-store sales for the second quarter and fiscal year would be flat from the year-earlier periods. Ross shares declined 0.4%.Market NewsMcCarthy, Schumer Eye Debt-Limit Votes Ahead of June 1 DeadlineHouse Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are making plans for votes in the coming days on a bipartisan deal to avert a catastrophic US debt default. McCarthy said that negotiators on the federal debt limit may reach an agreement in principle as soon as this weekend, lining up a vote in his chamber. Japan's Nikkei Powers to 1990 \"Bubble\" Era HighJapan's Nikkei share average rallied on Friday to the highest since August 1990, the country's so-called \"bubble\" era, driven by a confluence of positive factors from strong earnings to optimism over a U.S. debt ceiling deal.Japan's stock rally has been powered by a string of strong corporate results, a weaker yen amid views that the Bank of Japan will keep stimulus for longer and an economy that is starting to show signs of a post-COVID consumption revival. Foreign buying thanks to increased investment by Warren Buffett and a push for better corporate governance by the Tokyo Stock Exchange also provided some impetus.","news_type":1,"symbols_score_info":{"NQmain":0.9,"YMmain":0.9,"FTCH":0.9,"ROST":0.9,"ESmain":0.9,"OXY":0.9,"DIS":0.9,".IXIC":0.9,".SPX":0.9,".DJI":0.9,"PLTR":0.9,"BABA":0.9,"DE":0.9,"AMAT":0.9}},"isVote":1,"tweetType":1,"viewCount":3424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970227574,"gmtCreate":1684500958298,"gmtModify":1684500961829,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970227574","repostId":"1159727923","repostType":2,"repost":{"id":"1159727923","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1684497411,"share":"https://ttm.financial/m/news/1159727923?lang=en_US&edition=fundamental","pubTime":"2023-05-19 19:56","market":"us","language":"en","title":"Pre-Bell｜U.S. Futures Edge Higher; Alibaba Extends Losses; One Luxury E-Tailer Soars","url":"https://stock-news.laohu8.com/highlight/detail?id=1159727923","media":"Tiger Newspress","summary":"U.S. stock index futures edged higher on Friday on optimism that a deal to avoid a catastrophic U.S.","content":"<html><head></head><body><p>U.S. stock index futures edged higher on Friday on optimism that a deal to avoid a catastrophic U.S. debt default could be reached over the weekend.</p><p style=\"text-align: start;\">President Joe Biden and Republican U.S. House Speaker Kevin McCarthy have voiced growing confidence about striking a deal soon, although they could be tripped up by last-minute opposition from the hardline House Freedom Caucus.</p><p style=\"text-align: start;\">Federal Reserve Chair Jerome Powell is expected to speak at an economic forum later in the day, a panel discussion that will be scrutinized for any further clues on the path of U.S. monetary policy. Former chair Ben Bernanke is also expected to participate in the panel.</p><h2>Market Snapshot</h2><p>At 5:46 a.m. ET, Dow e-minis were up 71 points, or 0.21%, S&amp;P 500 e-minis were up 8.5 points, or 0.2%, and Nasdaq 100 e-minis were up 2.25 points, or 0.02%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/270a3778af73177f4a38baebd5a446d1\" tg-width=\"408\" tg-height=\"200\"/></p><h2>Pre-Market Movers</h2><p><strong>Alibaba (BABA)</strong> - American depositary receipts of Alibaba fell 1.4% in premarket trading, extending losses from the previous session when the ADRs declined more than 5% after the Chinese e-commerce giant said it would spin off its prized cloud division. Revenue in the cloud division disappointed in the fiscal fourth quarter, falling 2% year over year to $2.71 billion, shy of analysts’ expectations.</p><p><strong>Palantir (PLTR)</strong> - Shares of Palantir Technologies edged up in premarket trading. The stock gained nearly 15% on Thursday after Cathie Wood’s ARK Investment disclosed that several of its funds on Wednesday purchased a total of 1.26 million shares in the analytics software company. ARK purchased another 287,000 Palantir shares on Thursday.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia was down 0.5% to $315.37 in premarket trading. Shares of the graphics chip maker closed up nearly 5% on Thursday. During the trading session the stock had risen to as high as $318.28, just off its all-time close of $333.76 set in November 2021. Boosting the stock Thursday was the unveiling of new graphics cards featuring the company’s Ada Lovelace architecture.</p><p><strong>Occidental Petroleum (OXY)</strong>  - Occidental Petroleum was rising 1% in premarket trading. Berkshire Hathaway (BRK.A) bought about 3.5 million shares of Occidental at a price of $58 on Tuesday, Wednesday and Thursday, raising its interest to 217.3 million shares, or 24.4% of the company, according to filing released late Thursday.</p><p><strong>Walt Disney (DIS)</strong> - Disney shares fell 0.8% after the entertainment giant said it was dropping plans to build a sprawling business campus near Orlando. Josh D’Amaro, chairman of Disney parks, experiences, and products, said in a memo to staff that the company no longer plans to build the Lake Nona campus due to “considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions.”</p><p><strong>Farfetch (FTCH)</strong> - Farfetch surged 25.6% in premarket trading after the luxury fashion company reported a narrower-than-expected first-quarter loss and sales rose 8% to $556.4 million, higher than analysts’ forecasts.</p><p><strong>Deere (DE)</strong> - Deere reported fiscal second-quarter earnings of $9.65 a share, topping analysts’ estimates, and said sales in the period jumped 30% to $17.4 billion, which also beat forecasts. Deere shares rose 3.7% in premarket trading.</p><p><strong>Foot Locker (FL)</strong> - Foot Locker stock was falling 25.3% after the footwear retailer slashed its fiscal-year earnings outlook after first-quarter earnings and sales missed analysts’ estimates.</p><p><strong>Applied Materials (AMAT)</strong> - Applied Materials  reported fiscal second-quarter earnings that beat Wall Street’s expectations, but the outlook from the semiconductor-manufacturing equipment maker failed to excite investors and the stock was down 1.4% in premarket trading. Applied Materials said the major consumer electronic markets, including PCs and smartphones, have remained weak. </p><p><strong>Ross Stores (ROST)</strong> - First-quarter sales of $4.49 billion at Ross Stores rose from a year earlier but the off-price retailer said same-store sales for the second quarter and fiscal year would be flat from the year-earlier periods. Ross shares declined 0.4%.</p><h2>Market News</h2><h3>McCarthy, Schumer Eye Debt-Limit Votes Ahead of June 1 Deadline</h3><p>House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are making plans for votes in the coming days on a bipartisan deal to avert a catastrophic US debt default. </p><p>McCarthy said that negotiators on the federal debt limit may reach an agreement in principle as soon as this weekend, lining up a vote in his chamber. </p><h3>Japan&#39;s Nikkei Powers to 1990 &#34;Bubble&#34; Era High</h3><p>Japan&#39;s Nikkei share average rallied on Friday to the highest since August 1990, the country&#39;s so-called &#34;bubble&#34; era, driven by a confluence of positive factors from strong earnings to optimism over a U.S. debt ceiling deal.</p><p>Japan&#39;s stock rally has been powered by a string of strong corporate results, a weaker yen amid views that the Bank of Japan will keep stimulus for longer and an economy that is starting to show signs of a post-COVID consumption revival. Foreign buying thanks to increased investment by Warren Buffett and a push for better corporate governance by the Tokyo Stock Exchange also provided some impetus.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Futures Edge Higher; Alibaba Extends Losses; One Luxury E-Tailer Soars</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Edge Higher; Alibaba Extends Losses; One Luxury E-Tailer Soars\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-19 19:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures edged higher on Friday on optimism that a deal to avoid a catastrophic U.S. debt default could be reached over the weekend.</p><p style=\"text-align: start;\">President Joe Biden and Republican U.S. House Speaker Kevin McCarthy have voiced growing confidence about striking a deal soon, although they could be tripped up by last-minute opposition from the hardline House Freedom Caucus.</p><p style=\"text-align: start;\">Federal Reserve Chair Jerome Powell is expected to speak at an economic forum later in the day, a panel discussion that will be scrutinized for any further clues on the path of U.S. monetary policy. Former chair Ben Bernanke is also expected to participate in the panel.</p><h2>Market Snapshot</h2><p>At 5:46 a.m. ET, Dow e-minis were up 71 points, or 0.21%, S&amp;P 500 e-minis were up 8.5 points, or 0.2%, and Nasdaq 100 e-minis were up 2.25 points, or 0.02%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/270a3778af73177f4a38baebd5a446d1\" tg-width=\"408\" tg-height=\"200\"/></p><h2>Pre-Market Movers</h2><p><strong>Alibaba (BABA)</strong> - American depositary receipts of Alibaba fell 1.4% in premarket trading, extending losses from the previous session when the ADRs declined more than 5% after the Chinese e-commerce giant said it would spin off its prized cloud division. Revenue in the cloud division disappointed in the fiscal fourth quarter, falling 2% year over year to $2.71 billion, shy of analysts’ expectations.</p><p><strong>Palantir (PLTR)</strong> - Shares of Palantir Technologies edged up in premarket trading. The stock gained nearly 15% on Thursday after Cathie Wood’s ARK Investment disclosed that several of its funds on Wednesday purchased a total of 1.26 million shares in the analytics software company. ARK purchased another 287,000 Palantir shares on Thursday.</p><p><strong>Nvidia (NVDA)</strong> - Nvidia was down 0.5% to $315.37 in premarket trading. Shares of the graphics chip maker closed up nearly 5% on Thursday. During the trading session the stock had risen to as high as $318.28, just off its all-time close of $333.76 set in November 2021. Boosting the stock Thursday was the unveiling of new graphics cards featuring the company’s Ada Lovelace architecture.</p><p><strong>Occidental Petroleum (OXY)</strong>  - Occidental Petroleum was rising 1% in premarket trading. Berkshire Hathaway (BRK.A) bought about 3.5 million shares of Occidental at a price of $58 on Tuesday, Wednesday and Thursday, raising its interest to 217.3 million shares, or 24.4% of the company, according to filing released late Thursday.</p><p><strong>Walt Disney (DIS)</strong> - Disney shares fell 0.8% after the entertainment giant said it was dropping plans to build a sprawling business campus near Orlando. Josh D’Amaro, chairman of Disney parks, experiences, and products, said in a memo to staff that the company no longer plans to build the Lake Nona campus due to “considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions.”</p><p><strong>Farfetch (FTCH)</strong> - Farfetch surged 25.6% in premarket trading after the luxury fashion company reported a narrower-than-expected first-quarter loss and sales rose 8% to $556.4 million, higher than analysts’ forecasts.</p><p><strong>Deere (DE)</strong> - Deere reported fiscal second-quarter earnings of $9.65 a share, topping analysts’ estimates, and said sales in the period jumped 30% to $17.4 billion, which also beat forecasts. Deere shares rose 3.7% in premarket trading.</p><p><strong>Foot Locker (FL)</strong> - Foot Locker stock was falling 25.3% after the footwear retailer slashed its fiscal-year earnings outlook after first-quarter earnings and sales missed analysts’ estimates.</p><p><strong>Applied Materials (AMAT)</strong> - Applied Materials  reported fiscal second-quarter earnings that beat Wall Street’s expectations, but the outlook from the semiconductor-manufacturing equipment maker failed to excite investors and the stock was down 1.4% in premarket trading. Applied Materials said the major consumer electronic markets, including PCs and smartphones, have remained weak. </p><p><strong>Ross Stores (ROST)</strong> - First-quarter sales of $4.49 billion at Ross Stores rose from a year earlier but the off-price retailer said same-store sales for the second quarter and fiscal year would be flat from the year-earlier periods. Ross shares declined 0.4%.</p><h2>Market News</h2><h3>McCarthy, Schumer Eye Debt-Limit Votes Ahead of June 1 Deadline</h3><p>House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are making plans for votes in the coming days on a bipartisan deal to avert a catastrophic US debt default. </p><p>McCarthy said that negotiators on the federal debt limit may reach an agreement in principle as soon as this weekend, lining up a vote in his chamber. </p><h3>Japan&#39;s Nikkei Powers to 1990 &#34;Bubble&#34; Era High</h3><p>Japan&#39;s Nikkei share average rallied on Friday to the highest since August 1990, the country&#39;s so-called &#34;bubble&#34; era, driven by a confluence of positive factors from strong earnings to optimism over a U.S. debt ceiling deal.</p><p>Japan&#39;s stock rally has been powered by a string of strong corporate results, a weaker yen amid views that the Bank of Japan will keep stimulus for longer and an economy that is starting to show signs of a post-COVID consumption revival. Foreign buying thanks to increased investment by Warren Buffett and a push for better corporate governance by the Tokyo Stock Exchange also provided some impetus.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","AMAT":"应用材料","DE":"迪尔股份有限公司","DIS":"迪士尼",".IXIC":"NASDAQ Composite","OXY":"西方石油",".SPX":"S&P 500 Index","PLTR":"Palantir Technologies Inc.","BABA":"阿里巴巴","ROST":"罗斯百货有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159727923","content_text":"U.S. stock index futures edged higher on Friday on optimism that a deal to avoid a catastrophic U.S. debt default could be reached over the weekend.President Joe Biden and Republican U.S. House Speaker Kevin McCarthy have voiced growing confidence about striking a deal soon, although they could be tripped up by last-minute opposition from the hardline House Freedom Caucus.Federal Reserve Chair Jerome Powell is expected to speak at an economic forum later in the day, a panel discussion that will be scrutinized for any further clues on the path of U.S. monetary policy. Former chair Ben Bernanke is also expected to participate in the panel.Market SnapshotAt 5:46 a.m. ET, Dow e-minis were up 71 points, or 0.21%, S&P 500 e-minis were up 8.5 points, or 0.2%, and Nasdaq 100 e-minis were up 2.25 points, or 0.02%.Pre-Market MoversAlibaba (BABA) - American depositary receipts of Alibaba fell 1.4% in premarket trading, extending losses from the previous session when the ADRs declined more than 5% after the Chinese e-commerce giant said it would spin off its prized cloud division. Revenue in the cloud division disappointed in the fiscal fourth quarter, falling 2% year over year to $2.71 billion, shy of analysts’ expectations.Palantir (PLTR) - Shares of Palantir Technologies edged up in premarket trading. The stock gained nearly 15% on Thursday after Cathie Wood’s ARK Investment disclosed that several of its funds on Wednesday purchased a total of 1.26 million shares in the analytics software company. ARK purchased another 287,000 Palantir shares on Thursday.Nvidia (NVDA) - Nvidia was down 0.5% to $315.37 in premarket trading. Shares of the graphics chip maker closed up nearly 5% on Thursday. During the trading session the stock had risen to as high as $318.28, just off its all-time close of $333.76 set in November 2021. Boosting the stock Thursday was the unveiling of new graphics cards featuring the company’s Ada Lovelace architecture.Occidental Petroleum (OXY)  - Occidental Petroleum was rising 1% in premarket trading. Berkshire Hathaway (BRK.A) bought about 3.5 million shares of Occidental at a price of $58 on Tuesday, Wednesday and Thursday, raising its interest to 217.3 million shares, or 24.4% of the company, according to filing released late Thursday.Walt Disney (DIS) - Disney shares fell 0.8% after the entertainment giant said it was dropping plans to build a sprawling business campus near Orlando. Josh D’Amaro, chairman of Disney parks, experiences, and products, said in a memo to staff that the company no longer plans to build the Lake Nona campus due to “considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions.”Farfetch (FTCH) - Farfetch surged 25.6% in premarket trading after the luxury fashion company reported a narrower-than-expected first-quarter loss and sales rose 8% to $556.4 million, higher than analysts’ forecasts.Deere (DE) - Deere reported fiscal second-quarter earnings of $9.65 a share, topping analysts’ estimates, and said sales in the period jumped 30% to $17.4 billion, which also beat forecasts. Deere shares rose 3.7% in premarket trading.Foot Locker (FL) - Foot Locker stock was falling 25.3% after the footwear retailer slashed its fiscal-year earnings outlook after first-quarter earnings and sales missed analysts’ estimates.Applied Materials (AMAT) - Applied Materials  reported fiscal second-quarter earnings that beat Wall Street’s expectations, but the outlook from the semiconductor-manufacturing equipment maker failed to excite investors and the stock was down 1.4% in premarket trading. Applied Materials said the major consumer electronic markets, including PCs and smartphones, have remained weak. Ross Stores (ROST) - First-quarter sales of $4.49 billion at Ross Stores rose from a year earlier but the off-price retailer said same-store sales for the second quarter and fiscal year would be flat from the year-earlier periods. Ross shares declined 0.4%.Market NewsMcCarthy, Schumer Eye Debt-Limit Votes Ahead of June 1 DeadlineHouse Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are making plans for votes in the coming days on a bipartisan deal to avert a catastrophic US debt default. McCarthy said that negotiators on the federal debt limit may reach an agreement in principle as soon as this weekend, lining up a vote in his chamber. Japan's Nikkei Powers to 1990 \"Bubble\" Era HighJapan's Nikkei share average rallied on Friday to the highest since August 1990, the country's so-called \"bubble\" era, driven by a confluence of positive factors from strong earnings to optimism over a U.S. debt ceiling deal.Japan's stock rally has been powered by a string of strong corporate results, a weaker yen amid views that the Bank of Japan will keep stimulus for longer and an economy that is starting to show signs of a post-COVID consumption revival. Foreign buying thanks to increased investment by Warren Buffett and a push for better corporate governance by the Tokyo Stock Exchange also provided some impetus.","news_type":1,"symbols_score_info":{"NQmain":0.9,"YMmain":0.9,"FTCH":0.9,"ROST":0.9,"ESmain":0.9,"OXY":0.9,"DIS":0.9,".IXIC":0.9,".SPX":0.9,".DJI":0.9,"PLTR":0.9,"BABA":0.9,"DE":0.9,"AMAT":0.9}},"isVote":1,"tweetType":1,"viewCount":3528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954233695,"gmtCreate":1676378991117,"gmtModify":1676378995451,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954233695","repostId":"1106638249","repostType":4,"repost":{"id":"1106638249","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":1676369382,"share":"https://ttm.financial/m/news/1106638249?lang=en_US&edition=fundamental","pubTime":"2023-02-14 18:09","market":"hk","language":"zh","title":"People familiar with the matter say Xiaomi Automobile is close to obtaining new energy vehicle production qualification","url":"https://stock-news.laohu8.com/highlight/detail?id=1106638249","media":"老虎资讯综合","summary":"仍有可能存在变化。","content":"<p><html><head></head><body>Xiaomi Automobile is close to obtaining the qualification of new energy vehicle production. Two people familiar with the automobile industry confirmed the above news, but also said that Xiaomi's car-building qualification may still change before it is finally awarded.</p><p>According to public information, Xiaomi Automobile Factory Project is located in Yizhuang Economic Development Zone, Beijing, and will be built in two phases, with a designed production capacity of 150,000 vehicles in the first and second phases. Construction of the first phase of the plant started in April 2021 and is expected to be completed in June 2023. Since 2017, relevant state departments have tightened the application and review of new energy vehicle production qualifications. The new car-making forces have also solved the problem of production by \"curve\". Nio is OEM through Jianghuai Automobile, while Li Auto acquires Lifan. (Jiemian News)</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>People familiar with the matter say Xiaomi Automobile is close to obtaining new energy vehicle production qualification</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\">\nPeople familiar with the matter say Xiaomi Automobile is close to obtaining new energy vehicle production qualification\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\">2023-02-14 18:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Xiaomi Automobile is close to obtaining the qualification of new energy vehicle production. Two people familiar with the automobile industry confirmed the above news, but also said that Xiaomi's car-building qualification may still change before it is finally awarded.</p><p>According to public information, Xiaomi Automobile Factory Project is located in Yizhuang Economic Development Zone, Beijing, and will be built in two phases, with a designed production capacity of 150,000 vehicles in the first and second phases. Construction of the first phase of the plant started in April 2021 and is expected to be completed in June 2023. Since 2017, relevant state departments have tightened the application and review of new energy vehicle production qualifications. The new car-making forces have also solved the problem of production by \"curve\". Nio is OEM through Jianghuai Automobile, while Li Auto acquires Lifan. (Jiemian News)</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/529958ccf70e57b3f5b5c4f7405468e4","relate_stocks":{"01810":"小米集团-W"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106638249","content_text":"小米汽车接近获得新能源汽车生产资质。两名汽车行业的知情人士确认了以上消息，但同时也表示，在最终获颁资质之前，小米的造车资质仍有可能存在变化。公开信息显示，小米汽车工厂项目位于北京亦庄经济开发区，分两期建设，一二期设计产能皆为15万辆。一期工厂已于2021年4月开工建设，预计2023年6月竣工。从2017年开始，国家相关部门收紧了新能源汽车生产资质的申请和审核。而造车新势力也“曲线”解决了生产的问题，蔚来通过江淮汽车代工，理想汽车则是收购力帆。 (界面新闻)","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":4497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955420362,"gmtCreate":1675688414956,"gmtModify":1675688419863,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955420362","repostId":"1189831794","repostType":4,"repost":{"id":"1189831794","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":1675685027,"share":"https://ttm.financial/m/news/1189831794?lang=en_US&edition=fundamental","pubTime":"2023-02-06 20:03","market":"us","language":"zh","title":"Tyson Foods Q1 sales of $13.26 billion, miss the market expectation","url":"https://stock-news.laohu8.com/highlight/detail?id=1189831794","media":"老虎资讯综合","summary":"2月6日，泰森食品：2023财年第一季度销售额132.6亿美元，市场预期135.2亿美元；每股盈利0.88美元，去年同期为3.07美元；预计2023财年销售额为550亿-570亿美元；2023财年将实","content":"<p><html><head></head><body>On February 6,<a href=\"https://laohu8.com/S/TSN\">Tyson Foods</a>: Q1 FY23 sales of $13.26 billion versus market expectations of $13.52 billion; Earnings of $0.88 per share, compared to $3.07 in the year-ago quarter; Expected FY23 sales of $55 billion-$57 billion; The goal of cost savings of over $1 billion will be achieved in fiscal 2023.</p><p>After the release of the financial report, Tyson Foods fell more than 4% before the market.</p><p><img src=\"https://static.tigerbbs.com/bd20df1468cc7ebbe1f37c5d43ae2027\" tg-width=\"856\" tg-height=\"834\" referrerpolicy=\"no-referrer\"/></p><p>Before the U.S. stock market on February 6, Tyson Foods announced its financial report for the first quarter of fiscal 2023 ended December 31, 2022. According to the financial report data, the total sales of Tyson Foods in Q1 were USD 13.26 billion, lower than analysts' average estimate of USD 13.52 billion, compared with USD 12.9 billion in the same period last year; Q1 net income was $320 million, compared to $1.126 billion a year earlier.</p><p>Under GAAP guidelines, Tyson Foods' Q1 diluted earnings per share were $0.88, compared to $3.07 in the prior-year quarter. Under Non-GAAP guidelines, the company delivered adjusted EPS of $0.85, well short of the average analyst estimate of $1.34 per share, compared with adjusted EPS of $2.87 in the year-ago quarter.</p><p>By business type, Q1 sales of Tyson Foods' beef business, which accounted for the largest proportion, were US$4.723 billion, compared with US$5.002 billion in the same period of last year; Sales of the pork business during the same period were US$1.529 billion, compared with US$1.626 billion in the same period last year; The chicken business generated sales of $4.263 billion, compared to $3.890 billion in the prior-year quarter.</p><p>Tyson Foods' performance fell short of expectations mainly due to the sharp decline in profits caused by the fall of beef prices and weak demand for pork under the high inflation temperature in the United States. The company's share price once fell by more than 6% before the U.S. stock market.</p><p>Although the surge in U.S. meat prices raised overall sales levels last year, Tyson reported that the average selling price of beef fell by 8.5% in the first fiscal quarter (the three months ended December 31 last year). Pork prices rose 1.4% and chicken prices rose 7.1% over the same period. In contrast, pork and chicken prices rose sharply by 13% and 20%, respectively, a year ago.</p><p>Moreover, pork demand has been hit hard as some budget-conscious American consumers have reduced their consumer spending on more expensive meat. Sales of Tyson Foods' pork business decreased by approximately 7.4% year-on-year in Q1.</p><p>Donnie King, CEO of Tyson Foods, said: \"We faced some challenges in the first earnings season. Market dynamics and some operational inefficiencies affected the profitability of our businesses.\"</p><p>Wall Street analysts say chicken prices are also trending downward right now, with investment agency Piper Sandler noting that the price of boneless, skinless chicken breast fell by about 45% during the quarter.</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>Tyson Foods Q1 sales of $13.26 billion, miss the market expectation</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\">\nTyson Foods Q1 sales of $13.26 billion, miss the market expectation\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\">2023-02-06 20:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>On February 6,<a href=\"https://laohu8.com/S/TSN\">Tyson Foods</a>: Q1 FY23 sales of $13.26 billion versus market expectations of $13.52 billion; Earnings of $0.88 per share, compared to $3.07 in the year-ago quarter; Expected FY23 sales of $55 billion-$57 billion; The goal of cost savings of over $1 billion will be achieved in fiscal 2023.</p><p>After the release of the financial report, Tyson Foods fell more than 4% before the market.</p><p><img src=\"https://static.tigerbbs.com/bd20df1468cc7ebbe1f37c5d43ae2027\" tg-width=\"856\" tg-height=\"834\" referrerpolicy=\"no-referrer\"/></p><p>Before the U.S. stock market on February 6, Tyson Foods announced its financial report for the first quarter of fiscal 2023 ended December 31, 2022. According to the financial report data, the total sales of Tyson Foods in Q1 were USD 13.26 billion, lower than analysts' average estimate of USD 13.52 billion, compared with USD 12.9 billion in the same period last year; Q1 net income was $320 million, compared to $1.126 billion a year earlier.</p><p>Under GAAP guidelines, Tyson Foods' Q1 diluted earnings per share were $0.88, compared to $3.07 in the prior-year quarter. Under Non-GAAP guidelines, the company delivered adjusted EPS of $0.85, well short of the average analyst estimate of $1.34 per share, compared with adjusted EPS of $2.87 in the year-ago quarter.</p><p>By business type, Q1 sales of Tyson Foods' beef business, which accounted for the largest proportion, were US$4.723 billion, compared with US$5.002 billion in the same period of last year; Sales of the pork business during the same period were US$1.529 billion, compared with US$1.626 billion in the same period last year; The chicken business generated sales of $4.263 billion, compared to $3.890 billion in the prior-year quarter.</p><p>Tyson Foods' performance fell short of expectations mainly due to the sharp decline in profits caused by the fall of beef prices and weak demand for pork under the high inflation temperature in the United States. The company's share price once fell by more than 6% before the U.S. stock market.</p><p>Although the surge in U.S. meat prices raised overall sales levels last year, Tyson reported that the average selling price of beef fell by 8.5% in the first fiscal quarter (the three months ended December 31 last year). Pork prices rose 1.4% and chicken prices rose 7.1% over the same period. In contrast, pork and chicken prices rose sharply by 13% and 20%, respectively, a year ago.</p><p>Moreover, pork demand has been hit hard as some budget-conscious American consumers have reduced their consumer spending on more expensive meat. Sales of Tyson Foods' pork business decreased by approximately 7.4% year-on-year in Q1.</p><p>Donnie King, CEO of Tyson Foods, said: \"We faced some challenges in the first earnings season. Market dynamics and some operational inefficiencies affected the profitability of our businesses.\"</p><p>Wall Street analysts say chicken prices are also trending downward right now, with investment agency Piper Sandler noting that the price of boneless, skinless chicken breast fell by about 45% during the quarter.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/61bd168617750efd977760cd57d75ccc","relate_stocks":{"BK4212":"包装食品与肉类","BK4533":"AQR资本管理(全球第二大对冲基金)","TSN":"泰森食品","BK4504":"桥水持仓","BK4585":"ETF&股票定投概念"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189831794","content_text":"2月6日，泰森食品：2023财年第一季度销售额132.6亿美元，市场预期135.2亿美元；每股盈利0.88美元，去年同期为3.07美元；预计2023财年销售额为550亿-570亿美元；2023财年将实现节约超10亿美元成本的目标。财报发布后，泰森食品盘前跌超4%。2月6日美股盘前，泰森食品公布了截至2022年12月31日的2023财年第一季度财务报告。财报数据显示，泰森食品Q1总销售额为132.6亿美元，低于分析师平均预期的135.2亿美元，上年同期为129亿美元；Q1净利润为3.2亿美元，上年同期为11.26亿美元。在GAAP准则下，泰森食品Q1摊薄后的每股收益为0.88美元，上年同期为3.07美元。在Non-GAAP准则下，该公司的调整后每股收益为0.85美元，远低于每股1.34美元的分析师平均预期，上年同期调整后每股收益为2.87美元。按业务种类划分，泰森食品旗下占比最大的牛肉业务Q1销售额为47.23亿美元，上年同期为50.02亿美元；同期猪肉业务的销售额为15.29亿美元，上年同期为16.26亿美元；鸡肉业务的销售额为42.63亿美元，上年同期为38.90亿美元。泰森食品业绩不及预期主要因美国通胀高温下，牛肉价格下跌和猪肉需求疲弱导致利润大幅下滑，该公司股价在美股盘前一度下跌逾6%。尽管在去年美国肉类价格飙升趋势提高了泰森公司的整体销售额水平，但该公司报告称，第一财季(截至去年12月31日的三个月)牛肉的平均销售价格下降了8.5%。同期猪肉价格上涨1.4%，鸡肉价格上涨7.1%。相比之下，猪肉和鸡肉价格在一年前分别大幅上涨了13%和20%。此外，由于一些精打细算的美国消费者减少了在更昂贵的肉类上的消费支出，猪肉需求已经受到了严重的打击。泰森食品猪肉业务的销售量在Q1同比下降大约7.4%。泰森食品的首席执行官唐尼·金表示：“第一财报季我们面临一些挑战。市场动态和一些经营效率低下影响了我们旗下业务的盈利能力。”华尔街分析师表示，鸡肉价格目前也呈下降趋势，投资机构Piper Sandler指出，本季度无骨去皮鸡胸肉的价格下降大约45%。","news_type":1,"symbols_score_info":{"TSN":0.9}},"isVote":1,"tweetType":1,"viewCount":3765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955821349,"gmtCreate":1675344702881,"gmtModify":1676538995089,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955821349","repostId":"1130656215","repostType":4,"repost":{"id":"1130656215","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":1675338156,"share":"https://ttm.financial/m/news/1130656215?lang=en_US&edition=fundamental","pubTime":"2023-02-02 19:42","market":"us","language":"zh","title":"Merck's net profit of $3.017 billion in the fourth quarter was lower than expected","url":"https://stock-news.laohu8.com/highlight/detail?id=1130656215","media":"老虎资讯综合","summary":"预计2023年营收572亿至587亿美元，市场预期580.7亿美元。","content":"<p><html><head></head><body><a href=\"https://laohu8.com/S/MRK\">Merck</a>Fourth quarter 2022 revenue (US$ million):<b>138.3，</b>Expected: 136.67, previous value: 135.21.</p><p>Net profit in the fourth quarter (US$100 million):<b>30.17，</b>Expected: 31.39, previous value: 37.58.</p><p>Q4 EPS:<b>$1.18，</b>Expected: $1.235, previous value: $1.48.</p><p>Fourth-quarter adjusted earnings per share were $1.62, compared to market expectations of $1.54.</p><p>The adjusted gross profit margin in the fourth quarter was 75.7%, compared with the market expectation of 75%.</p><p>In the fourth quarter, pembrolizumab Keytruda sales (for cancer immunotherapy) were US$5.45 billion, compared with market expectations of US$5.45 billion.</p><p>Performance Expectations</p><p>It expects 2023 revenue of $57.2 billion to $58.7 billion, compared to market expectations of $58.07 billion.</p><p>It is expected to earn $6.8 to $6.95 per share on an adjusted basis in 2023.</p><p>Merck weakened before the market, falling nearly 3% as of press time.</p><p><img src=\"https://static.tigerbbs.com/ac8ec4488de916210d247ecaa8b9b659\" tg-width=\"449\" tg-height=\"431\" 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>Merck's net profit of $3.017 billion in the fourth quarter was lower than expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMerck's net profit of $3.017 billion in the fourth quarter was lower than expected\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2023-02-02 19:42</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><a href=\"https://laohu8.com/S/MRK\">Merck</a>Fourth quarter 2022 revenue (US$ million):<b>138.3，</b>Expected: 136.67, previous value: 135.21.</p><p>Net profit in the fourth quarter (US$100 million):<b>30.17，</b>Expected: 31.39, previous value: 37.58.</p><p>Q4 EPS:<b>$1.18，</b>Expected: $1.235, previous value: $1.48.</p><p>Fourth-quarter adjusted earnings per share were $1.62, compared to market expectations of $1.54.</p><p>The adjusted gross profit margin in the fourth quarter was 75.7%, compared with the market expectation of 75%.</p><p>In the fourth quarter, pembrolizumab Keytruda sales (for cancer immunotherapy) were US$5.45 billion, compared with market expectations of US$5.45 billion.</p><p>Performance Expectations</p><p>It expects 2023 revenue of $57.2 billion to $58.7 billion, compared to market expectations of $58.07 billion.</p><p>It is expected to earn $6.8 to $6.95 per share on an adjusted basis in 2023.</p><p>Merck weakened before the market, falling nearly 3% as of press time.</p><p><img src=\"https://static.tigerbbs.com/ac8ec4488de916210d247ecaa8b9b659\" tg-width=\"449\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/02c027dc16a57cc4e1c92a116f105049","relate_stocks":{"MRK":"默沙东"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130656215","content_text":"默沙东2022年四季度营收（亿美元）：138.3，预期：136.67，前值：135.21。四季度净利润（亿美元）：30.17，预期：31.39，前值：37.58。四季度EPS：$1.18，预期：$1.235，前值：$1.48。四季度调整后每股盈利1.62美元，市场预期1.54美元。四季度调整后毛利率75.7%，市场预期75%。四季度（用于癌症免疫疗法的）帕博利珠单抗Keytruda销售额54.5亿美元，市场预期54.5亿美元。业绩预期预计2023年营收572亿至587亿美元，市场预期580.7亿美元。预计2023年调整后每股盈利6.8至6.95美元。默沙东盘前走弱，截至发稿跌近3%。","news_type":1,"symbols_score_info":{"MRK":0.9}},"isVote":1,"tweetType":1,"viewCount":3511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952120970,"gmtCreate":1674542055090,"gmtModify":1676538945734,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952120970","repostId":"2305162556","repostType":4,"repost":{"id":"2305162556","kind":"highlight","pubTimestamp":1674532219,"share":"https://ttm.financial/m/news/2305162556?lang=en_US&edition=fundamental","pubTime":"2023-01-24 11:50","market":"us","language":"zh","title":"Apple's two latest chips, five details","url":"https://stock-news.laohu8.com/highlight/detail?id=2305162556","media":"格隆汇","summary":"Apple 声称 M2 Pro 和 M2 Max 芯片带来比 M1 Pro 和 M1 Max 高 20% 的 CPU 性能和快 30% 的 GPU 性能。","content":"<p><html><head></head><body>We know they'll be faster, but what else does Apple's new chip offer?</p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>The march on silicon hasn't slowed down. To power the all-new high-end Mac mini as well as the 14-inch and 16-inch MacBook Pro systems, Apple introduced the all-new M2 Pro and M2 Max processors, applying all the improvements from the A15 and A16 processors to Mac chips, significantly boosting the performance of the M1 series. Apple claims that the M2 Pro and M2 Max chips bring 20% higher CPU performance and 30% faster GPU performance than the M1 Pro and M1 Max. They also include the newer Neural Engine, which is 40% faster than the M1 series.</p><p>As impressive as these claims are, they're also unsurprising and somewhat disappointing. Some of the more exciting rumors about more advanced manufacturing, new GPUs or other improvements have proven untrue, and the M2 Pro and M2 Max seem to be exactly what was expected: the M2 expands with more CPU and GPU cores and a wider memory bus. In fact, compared to the M2, the M1 Pro and M1 Max chips are more different from the M1 than the M2 Pro and M2 Max.</p><p>However, there are still some interesting things to know about these chips before you decide to buy one of these new Macs. Here are five key features worth noting.</p><p><h3></h3><h3></h3><h3>Same CPU core design and performance as M2</h3></p><p>When Apple introduced the M2, it claimed an 18% improvement in CPU performance over the M1. The M2 Pro and M2 Max are now said to have 20% better CPU performance than the M1 Pro and M1 Max, and leaked benchmarks appear to support those claims. In other words, you can expect the same overall architectural improvements and performance gains as delivered by the M2 compared to the M1.</p><p><img src=\"https://static.tigerbbs.com/45360967e1ee5359e851411e07af20f8\" tg-width=\"1017\" tg-height=\"590\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>The CPU looks the same as the M2, only with double the high-performance cores.</p><p>Some of it simply boils down to core numbers. The M2 Pro and M2 Max have eight high-performance cores like the M1 Pro/Max, but the number of efficiency cores has increased from two to four. So the M2 Pro and M2 Max have 12-core CPUs while the M1 Pro/Max has 10-core CPUs.</p><p><h3></h3><h3></h3><h3>Better GPU gain, but not a big architectural shift</h3></p><p>Apple says the M2 Pro/Max GPU is 30% faster than the M1 Pro/Max, and leaked Metal benchmarks support those claims. This should come as no surprise, as the M2 is said to have 35% better graphics performance than the M1.</p><p>This could be due to the addition of more graphics cores and some minor architectural tweaks. The M2 Pro has up to 19 graphics cores (16 for the M1 Pro) and the M2 Max has up to 38 graphics cores (32 for the M1 Max).</p><p>These are unusual numbers – the number of cores is usually even and usually a power of 2, so the design is likely to target 20/40 GPU cores and leave room for a faulty core to be disabled, improving the manufacturing yield of these big chips. The number of cores has increased by nearly 20%, though, so with improved caching and higher clock speeds, you can reach 30%.</p><p><img src=\"https://static.tigerbbs.com/6c2da10cfb3f2e55a3371b0e71b1ac62\" tg-width=\"1013\" tg-height=\"662\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>This is a large GPU with an odd number of cores, but where is the ray tracing support?</p><p>If you wanted Apple's brand new GPUs to have modern features like ray tracing acceleration, and AMD's and Nvidia's have been in use for several years, you'll be disappointed.</p><p><h3></h3><h3></h3><h3>The memory bandwidth is the same even with more RAM</h3></p><p>The M2 Pro has a memory bandwidth of 200 GB/sec, which is the same as the M1 Pro. The M2 Max doubles it to 400 GB/sec. So we're almost certainly still looking at the 256-bit LPDDR5 memory bus on the Pro and the 512-bit LPDDR5 on the Max. Apple has improved the cache in the A15, and these architectural improvements will likely carry over to the M2 Pro and M2 Max.</p><p>While the M2 Pro has a maximum RAM of 32GB (the same as the M1 Pro), the M2 Max can reach up to 96GB, which is 50% higher than the M1 Max's 64GB limit. But there's a catch – the 96GB RAM option is limited to the M2 Max version with 38 GPU cores. The cheaper option with 30 GPU cores goes up to 64GB.</p><p><h3></h3><h3></h3><h3>They still don't have AV1 support</h3></p><p>The M1 Pro has a new video encoder and decoder that adds hardware acceleration to the ProRes format, while the M1 Max doubles the number of video encoders to two. After some confusion, this is still the case with the M2 Max, but it supports all the same formats as before: H.264, HEVC, ProRes, and ProRes RAW. This means support for the updated AV1 codec remains nowhere to be found, although Nvidia, AMD, and<a href=\"https://laohu8.com/S/INTC\">Intel</a>This support is available in today's GPUs. Apple is lagging behind in this regard.</p><p><img src=\"https://static.tigerbbs.com/51cf1945b748b5114d671a3c5ce46604\" tg-width=\"1018\" tg-height=\"541\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>We can't help but notice that Apple's marketing benchmarks around video are all GPU-restricted activity, not coding performance.</p><p>We can't help but notice that all of Apple's marketing benchmarks around video production, claiming an improvement of around 30%, are for campaigns like color grading or rendering of 3D effects, often limited by GPU performance. Apple doesn't provide a benchmark that shows video encoding speed improvements, so it will be interesting to watch the first reviews of the M2 Max to see if the video encoder is significantly faster.</p><p><h3></h3><h3></h3><h3>They're still all 5nm</h3></p><p>About When Apple Started Using<a href=\"https://laohu8.com/S/TSM\">TSMC</a>The new 3nm manufacturing process, there has been a lot of speculation. Apple is said to be the first major manufacturer to do so, and some rumors suggest that the new M2 Pro and Max chips will be where Apple will make the leap.</p><p>It looks like we'll be waiting for the M2 Ultra later this year, or perhaps the A17 that will be launched alongside the iPhone 16 this fall. Apple says the M2 Pro and Max are made using \"second-generation 5nm technology.\" It's likely the same process Apple incorrectly called \"4nm\" in its iPhone 15 demo in September 2022. TSMC calls its N4 node an \"enhanced\" 5nm process, and Apple appears to be correcting its language.</p><p></body></html></p>","source":"gelonghui_highlight","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>Apple's two latest chips, five details</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\">\nApple's two latest chips, five details\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">格隆汇</strong><span class=\"h-time small\">2023-01-24 11:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>We know they'll be faster, but what else does Apple's new chip offer?</p><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>The march on silicon hasn't slowed down. To power the all-new high-end Mac mini as well as the 14-inch and 16-inch MacBook Pro systems, Apple introduced the all-new M2 Pro and M2 Max processors, applying all the improvements from the A15 and A16 processors to Mac chips, significantly boosting the performance of the M1 series. Apple claims that the M2 Pro and M2 Max chips bring 20% higher CPU performance and 30% faster GPU performance than the M1 Pro and M1 Max. They also include the newer Neural Engine, which is 40% faster than the M1 series.</p><p>As impressive as these claims are, they're also unsurprising and somewhat disappointing. Some of the more exciting rumors about more advanced manufacturing, new GPUs or other improvements have proven untrue, and the M2 Pro and M2 Max seem to be exactly what was expected: the M2 expands with more CPU and GPU cores and a wider memory bus. In fact, compared to the M2, the M1 Pro and M1 Max chips are more different from the M1 than the M2 Pro and M2 Max.</p><p>However, there are still some interesting things to know about these chips before you decide to buy one of these new Macs. Here are five key features worth noting.</p><p><h3></h3><h3></h3><h3>Same CPU core design and performance as M2</h3></p><p>When Apple introduced the M2, it claimed an 18% improvement in CPU performance over the M1. The M2 Pro and M2 Max are now said to have 20% better CPU performance than the M1 Pro and M1 Max, and leaked benchmarks appear to support those claims. In other words, you can expect the same overall architectural improvements and performance gains as delivered by the M2 compared to the M1.</p><p><img src=\"https://static.tigerbbs.com/45360967e1ee5359e851411e07af20f8\" tg-width=\"1017\" tg-height=\"590\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>The CPU looks the same as the M2, only with double the high-performance cores.</p><p>Some of it simply boils down to core numbers. The M2 Pro and M2 Max have eight high-performance cores like the M1 Pro/Max, but the number of efficiency cores has increased from two to four. So the M2 Pro and M2 Max have 12-core CPUs while the M1 Pro/Max has 10-core CPUs.</p><p><h3></h3><h3></h3><h3>Better GPU gain, but not a big architectural shift</h3></p><p>Apple says the M2 Pro/Max GPU is 30% faster than the M1 Pro/Max, and leaked Metal benchmarks support those claims. This should come as no surprise, as the M2 is said to have 35% better graphics performance than the M1.</p><p>This could be due to the addition of more graphics cores and some minor architectural tweaks. The M2 Pro has up to 19 graphics cores (16 for the M1 Pro) and the M2 Max has up to 38 graphics cores (32 for the M1 Max).</p><p>These are unusual numbers – the number of cores is usually even and usually a power of 2, so the design is likely to target 20/40 GPU cores and leave room for a faulty core to be disabled, improving the manufacturing yield of these big chips. The number of cores has increased by nearly 20%, though, so with improved caching and higher clock speeds, you can reach 30%.</p><p><img src=\"https://static.tigerbbs.com/6c2da10cfb3f2e55a3371b0e71b1ac62\" tg-width=\"1013\" tg-height=\"662\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>This is a large GPU with an odd number of cores, but where is the ray tracing support?</p><p>If you wanted Apple's brand new GPUs to have modern features like ray tracing acceleration, and AMD's and Nvidia's have been in use for several years, you'll be disappointed.</p><p><h3></h3><h3></h3><h3>The memory bandwidth is the same even with more RAM</h3></p><p>The M2 Pro has a memory bandwidth of 200 GB/sec, which is the same as the M1 Pro. The M2 Max doubles it to 400 GB/sec. So we're almost certainly still looking at the 256-bit LPDDR5 memory bus on the Pro and the 512-bit LPDDR5 on the Max. Apple has improved the cache in the A15, and these architectural improvements will likely carry over to the M2 Pro and M2 Max.</p><p>While the M2 Pro has a maximum RAM of 32GB (the same as the M1 Pro), the M2 Max can reach up to 96GB, which is 50% higher than the M1 Max's 64GB limit. But there's a catch – the 96GB RAM option is limited to the M2 Max version with 38 GPU cores. The cheaper option with 30 GPU cores goes up to 64GB.</p><p><h3></h3><h3></h3><h3>They still don't have AV1 support</h3></p><p>The M1 Pro has a new video encoder and decoder that adds hardware acceleration to the ProRes format, while the M1 Max doubles the number of video encoders to two. After some confusion, this is still the case with the M2 Max, but it supports all the same formats as before: H.264, HEVC, ProRes, and ProRes RAW. This means support for the updated AV1 codec remains nowhere to be found, although Nvidia, AMD, and<a href=\"https://laohu8.com/S/INTC\">Intel</a>This support is available in today's GPUs. Apple is lagging behind in this regard.</p><p><img src=\"https://static.tigerbbs.com/51cf1945b748b5114d671a3c5ce46604\" tg-width=\"1018\" tg-height=\"541\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>We can't help but notice that Apple's marketing benchmarks around video are all GPU-restricted activity, not coding performance.</p><p>We can't help but notice that all of Apple's marketing benchmarks around video production, claiming an improvement of around 30%, are for campaigns like color grading or rendering of 3D effects, often limited by GPU performance. Apple doesn't provide a benchmark that shows video encoding speed improvements, so it will be interesting to watch the first reviews of the M2 Max to see if the video encoder is significantly faster.</p><p><h3></h3><h3></h3><h3>They're still all 5nm</h3></p><p>About When Apple Started Using<a href=\"https://laohu8.com/S/TSM\">TSMC</a>The new 3nm manufacturing process, there has been a lot of speculation. Apple is said to be the first major manufacturer to do so, and some rumors suggest that the new M2 Pro and Max chips will be where Apple will make the leap.</p><p>It looks like we'll be waiting for the M2 Ultra later this year, or perhaps the A17 that will be launched alongside the iPhone 16 this fall. Apple says the M2 Pro and Max are made using \"second-generation 5nm technology.\" It's likely the same process Apple incorrectly called \"4nm\" in its iPhone 15 demo in September 2022. TSMC calls its N4 node an \"enhanced\" 5nm process, and Apple appears to be correcting its language.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.gelonghui.com/p/575542\">格隆汇</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/49834a3eac1f01f60ca30d9693f0ff57","relate_stocks":{"BK4573":"虚拟现实","AAPL":"苹果","BK4554":"元宇宙及AR概念","LU0056508442.USD":"贝莱德世界科技基金A2","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4532":"文艺复兴科技持仓","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4512":"苹果概念","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4527":"明星科技股","BK4501":"段永平概念","BK4553":"喜马拉雅资本持仓","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4585":"ETF&股票定投概念","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - 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USA GROWTH \"P\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4574":"无人驾驶","LU0149725797.USD":"汇丰美国股市经济规模基金"},"source_url":"https://www.gelonghui.com/p/575542","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"2305162556","content_text":"我们知道它们会更快，但 Apple 的新芯片还提供了什么？苹果硅的进军并没有放缓。为了为全新的高端Mac mini以及14 英寸和 16 英寸 MacBook Pro系统提供动力，Apple 推出了全新的M2 Pro 和 M2 Max处理器，将 A15 和 A16 处理器的所有改进应用于Mac 芯片，显着提升了 M1 系列的性能。Apple 声称 M2 Pro 和 M2 Max 芯片带来比 M1 Pro 和 M1 Max 高 20% 的 CPU 性能和快 30% 的 GPU 性能。它们还包括较新的神经引擎，比 M1 系列快 40%。尽管这些说法令人印象深刻，但它们也不足为奇且有点令人失望。一些关于更先进的制造、新 GPU 或其他改进的更令人兴奋的谣言已被证明是不真实的，M2 Pro 和 M2 Max 似乎正是预期的那样：M2 扩展了更多的 CPU 和 GPU 内核以及更宽的内存公共汽车。事实上，与 M2 相比，M1 Pro 和 M1 Max 芯片与 M1 的区别要大于 M2 Pro 和 M2 Max 的区别。但是，在您决定购买其中一台新 Mac 之前，仍然需要了解一些关于这些芯片的有趣信息。这里有五个值得注意的关键特征。与 M2 相同的 CPU 内核设计和性能当Apple 推出 M2时，它声称 CPU 性能比 M1 提高了 18%。现在据说 M2 Pro 和 M2 Max 的 CPU 性能比 M1 Pro 和 M1 Max 高 20%，泄露的基准测试似乎支持了这些说法。换句话说，与 M1 相比，您可以期待与 M2 交付的相同的整体架构改进和性能提升。CPU 看起来与 M2 相同，只是高性能内核增加了一倍。其中一些简单地归结为核心数量。M2 Pro 和 M2 Max 与 M1 Pro/Max 一样拥有八个高性能核心，但效率核心的数量从两个增加到四个。所以 M2 Pro 和 M2 Max 有 12 核 CPU，而 M1 Pro/Max 有 10 核 CPU。GPU 增益更好，但没有很大的架构转变Apple 表示 M2 Pro/Max GPU 比 M1 Pro/Max 快 30%，泄露的 Metal 基准测试支持了这些说法。这不足为奇，因为据说 M2 的图形性能比 M1 高出 35%。这可能是由于添加了更多的图形核心和一些较小的架构调整。M2 Pro 拥有多达 19 个图形核心（M1 Pro 为 16 个），M2 Max 拥有多达 38 个图形核心（M1 Max 为 32 个）。这些都是不寻常的数字——核心数量通常是偶数，而且通常是2的幂，因此设计很可能是针对 20/40 GPU 核心，并留有空间让一个有故障的核心被禁用，从而提高这些大芯片的制造良率。不过，核心数量增加了近 20%，因此通过改进缓存和更高的时钟速度，您可以达到 30%。这是一个具有奇数个内核的大型GPU，但光线追踪支持在哪里？如果您希望 Apple 的全新 GPU 具有光线跟踪加速等现代功能，而 AMD 和 Nvidia 的 GPU 已经使用了好几年，那么您会失望的。即使有更多的 RAM，内存带宽也是一样的M2 Pro 的内存带宽为 200 GB/秒，与 M1 Pro 相同。M2 Max 将其翻倍至 400 GB/秒。因此，我们几乎可以肯定仍在关注 Pro 上的 256 位 LPDDR5 内存总线和 Max 上的 512 位 LPDDR5。Apple 改进了 A15 中的缓存，这些架构改进可能会延续到 M2 Pro 和 M2 Max。虽然 M2 Pro 最大 RAM 为 32GB（与 M1 Pro 相同），但 M2 Max 最高可达 96GB，比 M1 Max 的 64GB 限制高出 50%。但有一个问题——96GB RAM 选项仅限于具有 38 个 GPU 内核的 M2 Max 版本。具有 30 个 GPU 内核的较便宜的选项最高可达 64GB。他们仍然没有 AV1 支持M1 Pro 有一个新的视频编码器和解码器，为 ProRes 格式增加了硬件加速，而 M1 Max 将视频编码器的数量增加了一倍，达到两个。经过一些混淆后，M2 Max 仍然是这种情况，但它支持所有与以前相同的格式：H.264、HEVC、ProRes 和 ProRes RAW。这意味着对更新的 AV1 编解码器的支持仍然无处可寻，尽管 Nvidia、AMD 和英特尔今天的 GPU 中提供了这种支持。Apple 在这方面落后了。我们不禁注意到，Apple 围绕视频的营销基准都是 GPU 限制活动，而不是编码性能。我们不禁注意到，Apple 围绕视频制作的所有营销基准，声称改进了 30% 左右，都是针对颜色分级或 3D 效果渲染等活动，通常受 GPU 性能的限制。Apple 没有提供显示视频编码速度提高的基准，因此观看 M2 Max 的第一批评论以了解视频编码器是否明显更快将会很有趣。他们仍然都是5nm关于苹果何时开始使用台积电新的 3nm 制造工艺，一直有很多猜测。据说苹果是第一家这样做的主要制造商，一些传言称新的 M2 Pro 和 Max 芯片将是苹果实现飞跃的地方。看起来我们将在今年晚些时候等待 M2 Ultra，或者可能是今年秋天将与 iPhone 16 一起推出的 A17。Apple 表示 M2 Pro 和 Max 是使用“第二代 5nm 技术”制造的。这很可能与苹果在 2022 年 9 月的 iPhone 15 演示中错误地称为“4nm”的工艺相同。台积电称其 N4 节点为“增强型”5nm 工艺，苹果似乎正在纠正其语言。","news_type":1,"symbols_score_info":{"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":4038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952951321,"gmtCreate":1674377630564,"gmtModify":1676538938787,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952951321","repostId":"1194412117","repostType":4,"repost":{"id":"1194412117","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":1673511204,"share":"https://ttm.financial/m/news/1194412117?lang=en_US&edition=fundamental","pubTime":"2023-01-12 16:13","market":"us","language":"zh","title":"Closure Reminder | Spring Festival Holiday Coming, List of Closure Arrangements in Major Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1194412117","media":"老虎资讯综合","summary":"农历新年假期即将来临，部分交易所的开市和收市时间有所变动，敬请各位投资者密切留意。港股：2023年1月23日（星期一）至1月25日（星期三）休市。美股：照常开市。A股：2023年1月23日（星期一）","content":"<p><html><head></head><body>The Lunar New Year holiday is approaching, and the opening and closing times of some exchanges have changed. Investors are requested to pay close attention.</p><p><img src=\"https://static.tigerbbs.com/04d5899f421e8615a172940df6d58ba0\" tg-width=\"1080\" tg-height=\"1085\" width=\"100%\" height=\"auto\"/></p><p><b>Hong Kong stocks:</b></p><p>Closed from Monday, January 23 to Wednesday, January 25, 2023.</p><p><b>U.S. stocks:</b></p><p>Open as usual.</p><p><b>A shares:</b></p><p>Closed from Monday, January 23 to Friday, January 27, 2023.</p><p><b>Australian stocks:</b></p><p>The market is closed on Thursday 26 January 2023 due to Australia Day.</p><p><b>Singapore Market:</b></p><p>Closed from Monday, January 23 to Tuesday, January 24, 2023.</p><p><b>Hong Kong Stock Connect:</b></p><p>Southbound Connect service will not be available from Thursday, January 19 to Friday, January 27, 2023, and Southbound Connect service will be opened as usual from Monday, January 30, 2023.</p><p><b>Shanghai Stock Connect and Shenzhen Stock Connect:</b></p><p>No service will be provided from Monday, January 23 to Friday, January 27, 2023, and the Shanghai Stock Connect service will be opened as usual from Monday, January 30.</p><p>No service will be available from Monday, January 23 to Friday, January 27, 2023, and the Shenzhen Stock Connect service will be opened as usual from Monday, January 30.</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>Closure Reminder | Spring Festival Holiday Coming, List of Closure Arrangements in Major 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\">\nClosure Reminder | Spring Festival Holiday Coming, List of Closure Arrangements in Major Markets\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\">2023-01-12 16:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The Lunar New Year holiday is approaching, and the opening and closing times of some exchanges have changed. Investors are requested to pay close attention.</p><p><img src=\"https://static.tigerbbs.com/04d5899f421e8615a172940df6d58ba0\" tg-width=\"1080\" tg-height=\"1085\" width=\"100%\" height=\"auto\"/></p><p><b>Hong Kong stocks:</b></p><p>Closed from Monday, January 23 to Wednesday, January 25, 2023.</p><p><b>U.S. stocks:</b></p><p>Open as usual.</p><p><b>A shares:</b></p><p>Closed from Monday, January 23 to Friday, January 27, 2023.</p><p><b>Australian stocks:</b></p><p>The market is closed on Thursday 26 January 2023 due to Australia Day.</p><p><b>Singapore Market:</b></p><p>Closed from Monday, January 23 to Tuesday, January 24, 2023.</p><p><b>Hong Kong Stock Connect:</b></p><p>Southbound Connect service will not be available from Thursday, January 19 to Friday, January 27, 2023, and Southbound Connect service will be opened as usual from Monday, January 30, 2023.</p><p><b>Shanghai Stock Connect and Shenzhen Stock Connect:</b></p><p>No service will be provided from Monday, January 23 to Friday, January 27, 2023, and the Shanghai Stock Connect service will be opened as usual from Monday, January 30.</p><p>No service will be available from Monday, January 23 to Friday, January 27, 2023, and the Shenzhen Stock Connect service will be opened as usual from Monday, January 30.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c1dff1223675c14e39aac31ef2ccf30d","relate_stocks":{"399001":"深证成指","399006":"创业板指","HSCEI":"国企指数","HSI":"恒生指数","000001.SH":"上证指数","HSTECH":"恒生科技指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194412117","content_text":"农历新年假期即将来临，部分交易所的开市和收市时间有所变动，敬请各位投资者密切留意。港股：2023年1月23日（星期一）至1月25日（星期三）休市。美股：照常开市。A股：2023年1月23日（星期一）至1月27日（星期五）休市。澳股：因澳大利亚日，2023年1月26日（星期四）休市。新加坡市场：2023年1月23日（星期一）至1月24日（星期二）休市。港股通：2023年1月19日（星期四）至1月27日（星期五）不提供港股通服务，1月30日（星期一）起照常开通港股通服务。沪股通、深股通：2023年1月23日（星期一）至1月27日（星期五）不提供服务，1月30日（星期一）起照常开通沪股通服务。2023年1月23日（星期一）至1月27日（星期五）不提供服务，1月30日（星期一）起照常开通深股通服务。","news_type":1,"symbols_score_info":{"399001":1.1,"399006":1.1,"HSCEI":1.1,"HSTECH":0.9,"000001.SH":0.9,"HSI":0.9}},"isVote":1,"tweetType":1,"viewCount":5028,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952959602,"gmtCreate":1674375745607,"gmtModify":1676538938747,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952959602","repostId":"2305999432","repostType":4,"repost":{"id":"2305999432","kind":"news","pubTimestamp":1674288246,"share":"https://ttm.financial/m/news/2305999432?lang=en_US&edition=fundamental","pubTime":"2023-01-21 16:04","market":"hk","language":"zh","title":"Vanke hatched another unicorn","url":"https://stock-news.laohu8.com/highlight/detail?id=2305999432","media":"华尔街见闻","summary":"作者 | 柴旭晨自万物云分拆上市之后，万科旗下长租公寓业务又将踏上资本化的征程。1 月 16 日晚，建行与万科分别发布公告，双方合作设立百亿基金，在长租公寓领域共同参与市场化投资。此次建行与万科联手投资长租公寓，将大大加快该业务资本化、REITs化的进程。拉长时间来看，长租公寓业务是万科孵化的数个新业务之一，现在也俨然有独角兽之势。","content":"<p><html><head></head><body>Abstract: CCB enters long-term rental apartments. Since<a href=\"https://laohu8.com/S/02602\">Everything Cloud</a>After the spin-off and listing, Vanke's long-term rental apartment business will embark on the journey of capitalization.</p><p>On the evening of January 16th, CCB and Vanke respectively issued announcements, and the two sides jointly set up 10 billion funds to jointly participate in market-oriented investment in the field of long-term rental apartments.</p><p>According to the announcement, Zhongwan Qihang and Wanyi Management, subsidiaries of Vanke, signed an agreement with Jianxin Housing Leasing Private Equity Fund Management Co., Ltd. and Jianxin Housing Leasing Fund, subsidiaries of CCB, to jointly invest in the establishment of Jianwan Housing Leasing Investment Fund.</p><p>The fund raised a scale of 10 billion yuan, with Vanke and CCB investing 2 billion yuan and 8 billion yuan respectively, and may open a quota of 3 billion yuan to raise from social capital in the future.</p><p>The funds will give priority to the acquisition of Vanke's long-term rental apartment assets, taking into account the acquisition of market-oriented high-quality projects, and subsequently entrusting Vanke's Boyu brand to operate.</p><p>At present, the two sides have signed the first batch of six operating Vanke long-term rental apartment projects including Beijing, Shanghai, Chengdu and Wuhan, with a cooperation scale of about 2.4 billion yuan, and the cooperation of the second batch of projects will be started quickly in the future.</p><p>This means that Vanke, which has long been laid out in the field of long-term rental apartments, will continue to expand its territory with the blessing of financial giants. The establishment of this 10 billion fund also represents that capital has re-entered the field of long-term rental apartments.</p><p>Vanke is one of the earliest housing enterprises to start laying out long-term rental apartments. In 2008, there was a water test project \"Wanhui Building\". In 2016, Vanke integrated its long-term rental apartment projects into the brand \"Boyu\".</p><p>Since then, the long-term rental apartment business has been placed in an important position by Vanke, and has become the third core business after real estate development and property services. As a result, the territory of Bo Apartment has also expanded rapidly and grown into an industry leader.</p><p>According to the statistics of Ruihe Think Tank, as of the third quarter of 2022, Boyu ranked first among centralized long-term rental apartment operators in terms of the number of houses under management, with a total of 215,000 houses under operation and management, followed by Longhu Crown Apartment, Rubik's Cube Group, Lehu Apartment, Bairuiji, etc.</p><p>However, long-term rental apartments are a low-profit industry. How to release the value of such businesses with large investment scale and long investment return period has always been a difficult problem, and it is also the grudge of the employers to enter; How to capitalize the long-term rental apartment business and find the exit mechanism is a problem that Vanke has been thinking about since the beginning of this business.</p><p>Zhu Jiusheng, president of Vanke, mentioned at the shareholders' meeting in December 2022 that he hopes to securitize long-term rental apartments through REITs in the future to create more profits for shareholders.</p><p>China Resources has a nest and has been proofed first. In November last year, China Resources Youchao REIT was officially approved, becoming the first affordable rental housing REIT operated by a market-oriented institution in the industry. This also allows the industry to see the possibility of opening up REITs in leasing business.</p><p>In addition to China Resources' nest, there are three pilot projects of affordable rental housing REITs, namely Huaxia Beijing Affordable Housing REIT, CICC Xiamen Anju REIT and Hongtu Shenzhen Anju REIT, which were successfully listed in August last year. In the second half of 2022, affordable rental housing REITs grew from scratch, and the number of listed REITs has rapidly expanded to 4.</p><p>More importantly, Jinghui Think Tank believes that with the help of the housing REIT model, long-term rental apartments can build a closed loop of \"investment, financing, management and withdrawal\", which will attract more capital, especially long-term large funds, to speed up the pace of entry.</p><p>CCB is also very thoughtful in this respect. In September last year, CCB spent nearly 30 billion yuan to set up a housing rental fund to acquire the stock assets of housing enterprises.</p><p><a href=\"https://laohu8.com/S/601939\">China Construction Bank</a>Chairman Tian Guoli mentioned that this cooperation with Vanke is to do \"<a href=\"https://laohu8.com/S/300005\">Pathfinder</a>\"Incubate and cultivate qualified REITs assets, improve market-oriented asset REITs standards, and build a closed loop of\" investment, loan, management and withdrawal \"housing rental services.</p><p>The joint investment of CCB and Vanke in long-term rental apartments will greatly speed up the process of capitalization and REITs of this business.</p><p>Zhu Jiusheng revealed that among Vanke's apartment projects, there are about a dozen that meet the issuance standards of public REITs, and now it is mainly a matter of issuance timing.</p><p>For a long time, the long-term rental apartment business is one of several new businesses incubated by Vanke, and now it seems to be a unicorn.</p><p>Previously, Vanke's business with the highest operating income, Wanwuyun, had been spun off and listed in Hong Kong, with a current total market value of HK$ 57.9 billion.</p><p>A few years ago, Yu Liang, chairman of Vanke's board of directors, said that it was not enough for real estate developers to rely on a single business in the past to support their development. Vanke will cultivate a number of new businesses in the future, and at least \"six hundred billion\" new businesses will be needed to recreate Vanke.</p><p>Everything Cloud, Boyu, Wanwei Logistics, etc. are all new businesses incubated by Vanke. Now, it was time for Bo Yu to shine his sword.</p><p>In addition to the capitalization journey, Boyu's profit has already been put on the agenda. According to Vanke's plan, Boyu will achieve profit in accounting statements under the cost method in 2023.</p><p>With the real estate market returning to the right track, Vanke's development business gradually recovering, and the continuous growth of new operating businesses, a new Vanke department is taking shape, and it is not impossible to become a trillion-dollar company in the future.</p><p></body></html></p>","source":"tencent","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>Vanke hatched another unicorn</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\">\nVanke hatched another unicorn\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\">2023-01-21 16:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Abstract: CCB enters long-term rental apartments. Since<a href=\"https://laohu8.com/S/02602\">Everything Cloud</a>After the spin-off and listing, Vanke's long-term rental apartment business will embark on the journey of capitalization.</p><p>On the evening of January 16th, CCB and Vanke respectively issued announcements, and the two sides jointly set up 10 billion funds to jointly participate in market-oriented investment in the field of long-term rental apartments.</p><p>According to the announcement, Zhongwan Qihang and Wanyi Management, subsidiaries of Vanke, signed an agreement with Jianxin Housing Leasing Private Equity Fund Management Co., Ltd. and Jianxin Housing Leasing Fund, subsidiaries of CCB, to jointly invest in the establishment of Jianwan Housing Leasing Investment Fund.</p><p>The fund raised a scale of 10 billion yuan, with Vanke and CCB investing 2 billion yuan and 8 billion yuan respectively, and may open a quota of 3 billion yuan to raise from social capital in the future.</p><p>The funds will give priority to the acquisition of Vanke's long-term rental apartment assets, taking into account the acquisition of market-oriented high-quality projects, and subsequently entrusting Vanke's Boyu brand to operate.</p><p>At present, the two sides have signed the first batch of six operating Vanke long-term rental apartment projects including Beijing, Shanghai, Chengdu and Wuhan, with a cooperation scale of about 2.4 billion yuan, and the cooperation of the second batch of projects will be started quickly in the future.</p><p>This means that Vanke, which has long been laid out in the field of long-term rental apartments, will continue to expand its territory with the blessing of financial giants. The establishment of this 10 billion fund also represents that capital has re-entered the field of long-term rental apartments.</p><p>Vanke is one of the earliest housing enterprises to start laying out long-term rental apartments. In 2008, there was a water test project \"Wanhui Building\". In 2016, Vanke integrated its long-term rental apartment projects into the brand \"Boyu\".</p><p>Since then, the long-term rental apartment business has been placed in an important position by Vanke, and has become the third core business after real estate development and property services. As a result, the territory of Bo Apartment has also expanded rapidly and grown into an industry leader.</p><p>According to the statistics of Ruihe Think Tank, as of the third quarter of 2022, Boyu ranked first among centralized long-term rental apartment operators in terms of the number of houses under management, with a total of 215,000 houses under operation and management, followed by Longhu Crown Apartment, Rubik's Cube Group, Lehu Apartment, Bairuiji, etc.</p><p>However, long-term rental apartments are a low-profit industry. How to release the value of such businesses with large investment scale and long investment return period has always been a difficult problem, and it is also the grudge of the employers to enter; How to capitalize the long-term rental apartment business and find the exit mechanism is a problem that Vanke has been thinking about since the beginning of this business.</p><p>Zhu Jiusheng, president of Vanke, mentioned at the shareholders' meeting in December 2022 that he hopes to securitize long-term rental apartments through REITs in the future to create more profits for shareholders.</p><p>China Resources has a nest and has been proofed first. In November last year, China Resources Youchao REIT was officially approved, becoming the first affordable rental housing REIT operated by a market-oriented institution in the industry. This also allows the industry to see the possibility of opening up REITs in leasing business.</p><p>In addition to China Resources' nest, there are three pilot projects of affordable rental housing REITs, namely Huaxia Beijing Affordable Housing REIT, CICC Xiamen Anju REIT and Hongtu Shenzhen Anju REIT, which were successfully listed in August last year. In the second half of 2022, affordable rental housing REITs grew from scratch, and the number of listed REITs has rapidly expanded to 4.</p><p>More importantly, Jinghui Think Tank believes that with the help of the housing REIT model, long-term rental apartments can build a closed loop of \"investment, financing, management and withdrawal\", which will attract more capital, especially long-term large funds, to speed up the pace of entry.</p><p>CCB is also very thoughtful in this respect. In September last year, CCB spent nearly 30 billion yuan to set up a housing rental fund to acquire the stock assets of housing enterprises.</p><p><a href=\"https://laohu8.com/S/601939\">China Construction Bank</a>Chairman Tian Guoli mentioned that this cooperation with Vanke is to do \"<a href=\"https://laohu8.com/S/300005\">Pathfinder</a>\"Incubate and cultivate qualified REITs assets, improve market-oriented asset REITs standards, and build a closed loop of\" investment, loan, management and withdrawal \"housing rental services.</p><p>The joint investment of CCB and Vanke in long-term rental apartments will greatly speed up the process of capitalization and REITs of this business.</p><p>Zhu Jiusheng revealed that among Vanke's apartment projects, there are about a dozen that meet the issuance standards of public REITs, and now it is mainly a matter of issuance timing.</p><p>For a long time, the long-term rental apartment business is one of several new businesses incubated by Vanke, and now it seems to be a unicorn.</p><p>Previously, Vanke's business with the highest operating income, Wanwuyun, had been spun off and listed in Hong Kong, with a current total market value of HK$ 57.9 billion.</p><p>A few years ago, Yu Liang, chairman of Vanke's board of directors, said that it was not enough for real estate developers to rely on a single business in the past to support their development. Vanke will cultivate a number of new businesses in the future, and at least \"six hundred billion\" new businesses will be needed to recreate Vanke.</p><p>Everything Cloud, Boyu, Wanwei Logistics, etc. are all new businesses incubated by Vanke. Now, it was time for Bo Yu to shine his sword.</p><p>In addition to the capitalization journey, Boyu's profit has already been put on the agenda. According to Vanke's plan, Boyu will achieve profit in accounting statements under the cost method in 2023.</p><p>With the real estate market returning to the right track, Vanke's development business gradually recovering, and the continuous growth of new operating businesses, a new Vanke department is taking shape, and it is not impossible to become a trillion-dollar company in the future.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2023012116105884073724&s=b\">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/50caed8e132a192be9a2551710042089","relate_stocks":{"BK1240":"房地产开发","BK1507":"粤港澳大湾区","BK1555":"内房股","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","BK1521":"挪威政府全球养老基金持仓","02202":"万科企业"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2023012116105884073724&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2305999432","content_text":"摘要：建行入局长租公寓。自万物云分拆上市之后，万科旗下长租公寓业务又将踏上资本化的征程。1 月 16 日晚，建行与万科分别发布公告，双方合作设立百亿基金，在长租公寓领域共同参与市场化投资。公告显示，万科下属子公司中万启航、万益管理与建行下属的建信住房租赁私募基金管理有限公司、建信住房租赁基金签署协议，共同投资设立 “建万住房租赁投资基金”。该基金募集规模为 100 亿元，万科与建行方面分别出资20亿、80亿元，且后续可能开放30亿元额度向社会资本进行募集。资金将优先收购万科旗下的长租公寓资产，同时兼顾市场化优质项目的收购，后续统一委托万科旗下泊寓品牌运营。目前，双方已经签署了第一批包括北京、上海、成都和武汉的6个已运营的万科长租公寓项目，合作规模约24亿元，后续将快速启动第二批项目的合作。这意味着，在长租公寓领域早有布局的万科，将在金融巨头的加持下继续开疆拓土。而此次百亿基金的成立，也代表着资本重新杀入了长租公寓领域。万科是最早开始布局长租公寓的房企之一，2008 年就有了试水项目“万汇楼”，2016 年万科整合旗下长租公寓项目统一为“泊寓”品牌。此后，长租公寓业务一直被万科被摆在重要位置，并成为继地产开发和物业服务之后第三个核心业务，由此泊寓的版图也快速扩张，成长为行业龙头。据睿和智库统计，截至 2022 年三季度，泊寓在管房源数量在集中式长租公寓运营企业中规模排名第一，共运营管理房源 21.5 万间，排在其后的是龙湖冠寓、魔方集团、乐乎公寓、百瑞纪等。不过，长租公寓是一个低利润行业，如何释放这类投资规模大、投资回报期较长业务的价值，一直是个难题，也是资方进入的芥蒂；如何将长租公寓业务资本化，找到退出机制，是万科做这个业务一开始就在思考的问题。万科总裁祝九胜在 2022年 12 月的股东大会上提到，希望未来将长租公寓通过 REITs 方式进行证券化，为股东创造更多利润。华润有巢已经先一步打了样。 去年 11 月，华润有巢 REIT 正式获批，成为业内首单市场化机构运营的保障性租赁住房 REIT。这也让行业看到了租赁业务REITs开放的可能。除了华润有巢外，目前还有华夏北京保障房REIT、中金厦门安居REIT、红土深圳安居REIT 这 3只保障性租赁住房REITs试点项目在去年8月份成功上市。2022下半年，保障性租赁住房REITs从无到有，上市只数已经迅速扩容至4只。更重要的是，景晖智库认为，借助住房 REIT 模式，长租公寓能构建 “投融管退” 闭环，而这将吸引更多资本尤其是长周期大资金加快入局步伐。建行在这方面也很有想法。去年9月，建行斥资近300亿元成立了住房租赁基金，用于收购房企存量资产。建设银行董事长田国立提到，此次和万科的合作就是要做“探路者”，孵化培育合格REITs资产、完善市场化资产REITs标准、构建“投贷管退”住房租赁服务闭环。此次建行与万科联手投资长租公寓，将大大加快该业务资本化、REITs化的进程。祝九胜透露，在万科泊寓目项目中，大概有十几个符合公募 REITs 发行标准，现在主要就是发行时机的问题。拉长时间来看，长租公寓业务是万科孵化的数个新业务之一，现在也俨然有独角兽之势。此前，万科旗下经营收入最高的业务万物云，已经在香港分拆上市，目前总市值579亿港元。数年前，万科董事会主席郁亮就表示，房地产商依靠过去单一业务不足以支撑发展，万科未来要培育多个新业务，至少要有“六个千亿”新业务，才能再造万科。万物云、泊寓、万纬物流等，都是万科孵化的新业务。而今，已到了泊寓亮剑的时刻。资本化征程之外，泊寓的盈利也早已提上日程。根据万科的规划，泊寓将在 2023 年实现成本法下的会计报表盈利。随着房地产市场回归正轨，万科开发业务日渐恢复元气，以及经营性新业务的不断壮大，一个新的万科系正在形成，未来成为万亿公司也未尝没有可能。","news_type":1,"symbols_score_info":{"02202":0.9}},"isVote":1,"tweetType":1,"viewCount":1623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956734615,"gmtCreate":1674195734938,"gmtModify":1676538929357,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956734615","repostId":"1108708766","repostType":4,"isVote":1,"tweetType":1,"viewCount":1316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956411812,"gmtCreate":1674122349537,"gmtModify":1676538925137,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956411812","repostId":"1118435381","repostType":4,"repost":{"id":"1118435381","kind":"news","pubTimestamp":1674119175,"share":"https://ttm.financial/m/news/1118435381?lang=en_US&edition=fundamental","pubTime":"2023-01-19 17:06","market":"us","language":"zh","title":"Pfizer CEO: A COVID-19 vaccine that can last for a year is being developed","url":"https://stock-news.laohu8.com/highlight/detail?id=1118435381","media":"澎湃新闻","summary":"艾伯乐表示，新冠病毒可能会一直存在，因此辉瑞正努力开发效果能够持续一年的新冠疫苗。辉瑞也在研究新冠病毒带来的长期后遗症和感染后的并发症。当地时间1月18日，《华尔街日报》报道称，辉瑞公司（NYSE：P","content":"<p><div>The coronavirus is likely to be around forever, so Pfizer is working to develop a coronavirus vaccine with effects that can last for a year, Aibole said. Pfizer is also studying the long-term sequelae and post-infection complications of the new coronavirus. On January 18, local time, the Wall Street Journal reported that Albert Bourla, CEO of Pfizer (NYSE: PFE), said during the World Economic Forum that the new coronavirus may always exist, and Pfizer is working hard to develop a new coronavirus vaccine that can last for one year. Aibole believes that the COVID-19 pandemic has been going on for three years, but to some extent, the world is not aware of the next...</p><p><a href=\"https://m.thepaper.cn/newsDetail_forward_21628058\">Web link</a></div></p>","source":"lsy1666763662595","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>Pfizer CEO: A COVID-19 vaccine that can last for a year is being developed</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\">\nPfizer CEO: A COVID-19 vaccine that can last for a year is being developed\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">澎湃新闻</strong><span class=\"h-time small\">2023-01-19 17:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>The coronavirus is likely to be around forever, so Pfizer is working to develop a coronavirus vaccine with effects that can last for a year, Aibole said. Pfizer is also studying the long-term sequelae and post-infection complications of the new coronavirus. On January 18, local time, the Wall Street Journal reported that Albert Bourla, CEO of Pfizer (NYSE: PFE), said during the World Economic Forum that the new coronavirus may always exist, and Pfizer is working hard to develop a new coronavirus vaccine that can last for one year. Aibole believes that the COVID-19 pandemic has been going on for three years, but to some extent, the world is not aware of the next...</p><p><a href=\"https://m.thepaper.cn/newsDetail_forward_21628058\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://m.thepaper.cn/newsDetail_forward_21628058\">澎湃新闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f2bb9162f10407908b68d91c8d440880","relate_stocks":{"PFE":"辉瑞"},"source_url":"https://m.thepaper.cn/newsDetail_forward_21628058","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118435381","content_text":"艾伯乐表示，新冠病毒可能会一直存在，因此辉瑞正努力开发效果能够持续一年的新冠疫苗。辉瑞也在研究新冠病毒带来的长期后遗症和感染后的并发症。当地时间1月18日，《华尔街日报》报道称，辉瑞公司（NYSE：PFE）CEO艾伯乐（Albert Bourla）在世界经济论坛期间表示，新冠病毒可能会一直存在，辉瑞正努力开发效果能够持续一年的新冠疫苗。艾伯乐认为，新冠疫情已持续三年，但某种程度上，世界并未对下一次全球健康危机做好准备。他表示，对于如何应对疫情，各国政府尚未做出改变，且某些情况下还采取可能妨碍药物开发和创新的监管措施。对于世卫组织（WHO）和美国疾病控制与预防中心（CDC），艾伯乐表示不满。他提出，“新冠带来的重大教训是什么？是幸好有一个既有私人推动但也有学术界支持的蓬勃发展的生命科学产业。”艾伯乐表示，新冠病毒可能会一直存在，因此辉瑞正努力开发效果能够持续一年的新冠疫苗。此外，他还说道，辉瑞也在研究新冠病毒带来的长期后遗症和感染后的并发症。对于未来的规划，艾伯乐表示，辉瑞将在未来18个月里启动新药推广，并以开放态度迎接能够助力辉瑞成长的公司。他说，辉瑞不太会收购像同等规模的制药公司，而是会瞄准规模较小、具有“突破性”科学技术及药物产品的公司。他说道，“我们很乐意进行收购，希望达成众多交易。”此外，艾伯乐还预测，未来十年里，生物学会持续进步，辅以人工智能以及不断改进的技术，癌症和其他疾病的治疗方面或将迎来突破。“未来10年，我们将看到科学的复兴。”辉瑞新冠疫苗在美国的商品名为Comirnaty，是基于其合作伙伴德国生物科技公司百欧恩泰（BioNTech）专有的mRNA技术平台开发的mRNA新冠疫苗，最早于2020年底在美国获批并开打。新冠疫苗Comirnaty和新冠口服药Paxlovid是辉瑞最受外界关注的单品。2022年11月，辉瑞披露三季度财报，新冠疫苗Comirnaty直接销售和相关收入达到44.02亿美元，较上年同期下降66%。新冠口服药Paxlovid的销售额达到75.14亿美元。去年前三季度，辉瑞靠新冠疫苗整体收入264.77亿美元，同比上涨9%，新冠口服药收入171.99亿美元。三季报中，辉瑞上调了新冠疫苗Comirnaty的2022年营收指引，从320亿美元上升至340亿美元。新冠口服药Paxlovid的营收指引仍为220亿美元。近日，辉瑞的新冠口服药Paxlovid医保谈判失败受到关注，国家药监局负责人此前表示，该药物谈判失败的原因是辉瑞公司报价高。对于该药物的中国本地化生产，艾伯乐（Albert Bourla）此前曾透露，上半年将在中国本地生产Paxlovid。当地时间1月9日，彭博社报道称，艾伯乐在摩根大通医疗保健会议上表示，辉瑞正与中国的一个合作伙伴合作，今年上半年开始在中国本地化生产新冠口服药Paxlovid，但该合作伙伴尚未开始生产，预计很快就会启动。","news_type":1,"symbols_score_info":{"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":1300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956506604,"gmtCreate":1674042567608,"gmtModify":1676538919290,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","listText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","text":"[微笑] [微笑] 👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956506604","isVote":1,"tweetType":1,"viewCount":1142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956288666,"gmtCreate":1674014195356,"gmtModify":1676538916320,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956288666","repostId":"1164531306","repostType":4,"repost":{"id":"1164531306","kind":"news","pubTimestamp":1674009061,"share":"https://ttm.financial/m/news/1164531306?lang=en_US&edition=fundamental","pubTime":"2023-01-18 10:31","market":"us","language":"zh","title":"Microsoft denies big layoffs: pure rumors","url":"https://stock-news.laohu8.com/highlight/detail?id=1164531306","media":"新浪美股","summary":"据早些时候的报道，该公司计划裁减1.1万个岗位，占员工总数的5%。","content":"<p><html><head></head><body>According to reports,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>The company has denied plans to cut tens of thousands of jobs in its engineering and human resources departments.</p><p>A Microsoft spokesperson denied the claim in an email to tech blog Gizmodo, calling reports that the company is about to lay off employees a pure \"rumor.\"</p><p>\"Like all companies, we regularly evaluate our business priorities and make structural adjustments accordingly,\" the spokesman said.</p><p>Microsoft, which employs more than 200,000 people worldwide, plans to eliminate 11,000 jobs, or 5% of its workforce, according to earlier reports.</p><p>The report said that Microsoft is expected to cut a third of its recruiters and freeze hiring, not conducting regular hiring for a year or two.</p><p>The job cuts, which will also affect several engineering departments, will take place on Wednesday, the report said.</p><p><img src=\"https://static.tigerbbs.com/240151630345a043706b8fd66127d9ed\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p></body></html></p>","source":"xlmg","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>Microsoft denies big layoffs: pure rumors</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\">\nMicrosoft denies big layoffs: pure rumors\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪美股</strong><span class=\"h-time small\">2023-01-18 10:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>According to reports,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>The company has denied plans to cut tens of thousands of jobs in its engineering and human resources departments.</p><p>A Microsoft spokesperson denied the claim in an email to tech blog Gizmodo, calling reports that the company is about to lay off employees a pure \"rumor.\"</p><p>\"Like all companies, we regularly evaluate our business priorities and make structural adjustments accordingly,\" the spokesman said.</p><p>Microsoft, which employs more than 200,000 people worldwide, plans to eliminate 11,000 jobs, or 5% of its workforce, according to earlier reports.</p><p>The report said that Microsoft is expected to cut a third of its recruiters and freeze hiring, not conducting regular hiring for a year or two.</p><p>The job cuts, which will also affect several engineering departments, will take place on Wednesday, the report said.</p><p><img src=\"https://static.tigerbbs.com/240151630345a043706b8fd66127d9ed\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2023-01-18/doc-imyaqkus5709582.shtml\">新浪美股</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ad8581d7328eb59be34271837a9018bb","relate_stocks":{"MSFT":"微软"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2023-01-18/doc-imyaqkus5709582.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164531306","content_text":"据报道，微软公司否认计划在其工程和人力资源部门裁员上万人。微软发言人在给科技博客Gizmodo的电子邮件中否认了这一说法，称有关该公司即将裁员的报道纯属“谣言”。该发言人表示：“像所有公司一样，我们会定期评估我们的业务重点，并做出相应的结构调整。”微软在全球雇佣着超过20万名员工，据早些时候的报道，该公司计划裁减1.1万个岗位，占员工总数的5%。该报道称，微软预计将裁减三分之一的招聘人员，并冻结招聘，在一两年内不进行正常招聘。报道称，此次裁员也将影响到几个工程部门，裁员将于周三进行。","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956113458,"gmtCreate":1673927688175,"gmtModify":1676538904342,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956113458","repostId":"2303092302","repostType":4,"isVote":1,"tweetType":1,"viewCount":2036,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956031418,"gmtCreate":1673842058735,"gmtModify":1676538893103,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956031418","repostId":"1177283399","repostType":4,"isVote":1,"tweetType":1,"viewCount":1154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958280318,"gmtCreate":1673748146935,"gmtModify":1676538880914,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9958280318","repostId":"1178785592","repostType":4,"repost":{"id":"1178785592","kind":"news","pubTimestamp":1673740962,"share":"https://ttm.financial/m/news/1178785592?lang=en_US&edition=fundamental","pubTime":"2023-01-15 08:02","market":"sh","language":"zh","title":"The \"change of owners\" is imminent! Funds stage escape play, Alibaba wants to exchange equity","url":"https://stock-news.laohu8.com/highlight/detail?id=1178785592","media":"中国证券报","summary":"备受关注的美凯龙“易主”一事迎来新进展。美凯龙1月13日晚间公告，美凯龙控股股东红星控股、实际控制人车建兴、建发股份签署《股份转让框架协议》，建发股份有意受让红星控股所持美凯龙29.95%股份。面临“","content":"<p><div>The much-watched Macalline \"changing hands\" has ushered in new progress. Macalline announced on the evening of January 13th that Macalline's controlling shareholder Red Star Holdings, the actual controller Che Jianxing and C&D Co., Ltd. signed the Share Transfer Framework Agreement, and C&D Co., Ltd. intended to transfer 29.95% shares of Macalline held by Red Star Holdings. In the face of the \"change of owner\" transaction consideration, the announcement disclosed that all parties agreed that, on the premise of meeting the relevant regulations of listed company supervision, the transaction consideration should not exceed 6.3 billion yuan in principle and not be higher than the evaluation or valuation results of the underlying shares issued by the professional institutions hired by C&D and approved by the competent department of state-owned assets. Given that Red Star Holdings has...</p><p><a href=\"https://mp.weixin.qq.com/s/qAmkcb-cFdQDBgm73a1zuw\">Web link</a></div></p>","source":"zgzqb","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 \"change of owners\" is imminent! Funds stage escape play, Alibaba wants to exchange equity</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 \"change of owners\" is imminent! Funds stage escape play, Alibaba wants to exchange equity\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">中国证券报</strong><span class=\"h-time small\">2023-01-15 08:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>The much-watched Macalline \"changing hands\" has ushered in new progress. Macalline announced on the evening of January 13th that Macalline's controlling shareholder Red Star Holdings, the actual controller Che Jianxing and C&D Co., Ltd. signed the Share Transfer Framework Agreement, and C&D Co., Ltd. intended to transfer 29.95% shares of Macalline held by Red Star Holdings. In the face of the \"change of owner\" transaction consideration, the announcement disclosed that all parties agreed that, on the premise of meeting the relevant regulations of listed company supervision, the transaction consideration should not exceed 6.3 billion yuan in principle and not be higher than the evaluation or valuation results of the underlying shares issued by the professional institutions hired by C&D and approved by the competent department of state-owned assets. Given that Red Star Holdings has...</p><p><a href=\"https://mp.weixin.qq.com/s/qAmkcb-cFdQDBgm73a1zuw\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/qAmkcb-cFdQDBgm73a1zuw\">中国证券报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e68f18a297e419bae3cc0320b6d8ff4e","relate_stocks":{"601828":"美凯龙","09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://mp.weixin.qq.com/s/qAmkcb-cFdQDBgm73a1zuw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178785592","content_text":"备受关注的美凯龙“易主”一事迎来新进展。美凯龙1月13日晚间公告，美凯龙控股股东红星控股、实际控制人车建兴、建发股份签署《股份转让框架协议》，建发股份有意受让红星控股所持美凯龙29.95%股份。面临“易主”交易对价方面，公告披露，各方同意，在满足上市公司监管相关规定前提下，交易对价原则上不超过63亿元且不高于建发股份聘请的专业机构所出具并经国资主管部门认可的标的股份评估或估值结果。鉴于红星控股已披露减持计划，拟通过集中竞价、大宗交易方式减持美凯龙股份，且红星控股作为可交换债券的发行人，名下尚存续有以公司A股股票预备用于交换的可交换债券，根据《上市公司收购管理办法》《上海证券交易所股票上市规则》等规定，本次交易可能导致公司控股股东及实际控制人发生变更。图片来源：公告交易仍有程序需履行。公告称，本次交易尚需建发股份内部审议程序通过，厦门市国资委批复，红星控股及车建兴曾作出的构成本次交易实施障碍的承诺已到期不具备约束力或已通过合规方式予以豁免，通过反垄断局经营者集中审查（如需），取得上海证券交易所合规性确认，履行中国证券登记结算有限责任公司上海分公司股份转让过户登记等程序。因此，本次交易能否最终实施存在重大不确定性。美凯龙A股股票将于1月16日开市起复牌。建发股份五连跌1月8日晚，美凯龙公告，建发股份正筹划通过现金方式协议收购美凯龙不超30%股份。公司股票自1月9日（星期一）上午开市起连续停牌，预计停牌时间不超过两个交易日。1月10日晚，美凯龙公告，截至目前，本次股权转让尚处于筹划阶段。公司股票自1月11日（星期三）上午开市起继续停牌，预计停牌时间不超过3个交易日，累计停牌时间不超过5个交易日。值得关注的是，披露上述收购计划后，建发股份1月9日盘面一度上演“跌停杀”。龙虎榜数据显示，前卖五席位均为机构席，合计卖出5.83亿元。至1月13日，建发股份连续5个交易日收跌。来源：Wind就债务而言，红星控股公司2022年中期报告披露，合并报表项下，货币资金为87.57亿元，一年内到期的非流动负债211.57亿元，短期借款40.93亿元；总资产1874.88亿元，负债合计1229.19亿元。美凯龙2022年三季报显示，公司货币资金57.38亿元，一年内到期的非流动负债73.42亿元，短期借款22.75亿元。根据弗若斯特沙利文的数据，美凯龙2020年市场占有率达到17.1%，是国内家居装饰及家具零售行业当之无愧的老大。近年来，红星美凯龙提出“轻资产、重运营”的模式转型。在车建兴看来，“轻资产、重运营、降杠杆战略的推进给公司带来了新的变化”。公司披露，截至2022年12月31日，公司经营94家自营商场，284家委管商场。值得注意的是，中国证券报2021年8月的独家报道《真假委管 起底红星美凯龙转型“秘术”》，掀开其轻资产转型的“秘术”——红星美凯龙通过两份合同，将需要支付租金的租赁型商场“包装”成无风险、深受资本市场追捧的委管型商场。报道对公司转型所蕴藏的风险予以了警示。阿里巴巴欲行换股权1月13日晚间，美凯龙披露，红星控股1月13日发出《红星美凯龙控股集团有限公司关于召开“19红01EB”2023年度第一次债券持有人会议的通知》，提请本期债券持有人会议审议《关于变更<募集说明书>换股股数部分条款约定的议案》等议案。若相关议案获得通过，在不违反相关法律法规及红星控股需履行的承诺的前提下，本期债券投资者在2023年1月1日至2023年12月31日期间的最大可换股数为2.4822亿股。据公司披露，红星控股2019年5月14日面向合格投资者发行本期债券，标的为公司A股股票，发行规模为43.594亿元，债券期限为5年。1月13日，阿里巴巴作为本期债券的唯一持有人出具关于本期债券的《意向函》。根据该《意向函》，在适用法律法规及可交换公司债券相关规则允许的前提下，阿里巴巴有意向以8.44元/股的价格行使换股权利，即通过换股方式取得公司2.4822亿股A股股票。来源：公告美凯龙表示，截至目前，本期债券持有人会议尚未召开，相关议案尚待债券持有人会议审议。","news_type":1,"symbols_score_info":{"601828":0.9,"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1035,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958823399,"gmtCreate":1673693654312,"gmtModify":1676538875485,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","listText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","text":"[微笑] [微笑] 👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9958823399","isVote":1,"tweetType":1,"viewCount":1829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958162058,"gmtCreate":1673661617675,"gmtModify":1676538871940,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583922135029440","idStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958162058","repostId":"1141553960","repostType":4,"repost":{"id":"1141553960","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":1673653457,"share":"https://ttm.financial/m/news/1141553960?lang=en_US&edition=fundamental","pubTime":"2023-01-14 07:44","market":"us","language":"zh","title":"Last night and this morning | Many major Wall Street banks announced their earnings! All three indexes are up more than 2% this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1141553960","media":"老虎资讯综合","summary":"通胀放缓预期推高美股，标普指数连续第二周上涨；热门中概股普涨，纳斯达克中国金龙指数本周累涨5.72%；华尔街四大行公布最新成绩单；美联储披露“财报”，2022年净利润骤降至580亿美元；特斯拉全球降","content":"<p><html><head></head><body>Expectations of slowing inflation boost U.S. stocks, with S&P rising for second week; Popular Chinese stocks rose generally, and the Nasdaq China Golden Dragon Index rose by 5.72% this week; Four major banks on Wall Street announced their latest report cards; Net Profit Plunges to $58 Billion in 2022 as Federal Reserve Discloses 'Earnings'; Tesla Global Price Reduction Promotion Up to 20%>>><b>Overseas markets</b></p><p><b>Closing: S&P gains for second straight week as expectations of slowing inflation boost U.S. stocks</b></p><p>The market is evaluating<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>、<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>as well as<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Waiting for the financial report of Wall Street. Investors are betting that U.S. inflation will slow in 2023. The Dow rose 112.64 points, or 0.33%, to 34,302.61 points; The Nasdaq rose 78.05 points, or 0.71%, to 11,079.16 points; The S&P 500 rose 15.92 points, or 0.40%, to 3,999.09.</p><p>The Dow is up 2% this week, the Nasdaq is up 4.82% and the S&P 500 is up 2.67%, with all three major indexes recording gains. Both the Nasdaq and the S&P 500 had their best week since November. The S&P 500 recorded its second straight weekly gain.</p><p><b>Popular Chinese stocks rose broadly, and the Nasdaq China Golden Dragon Index rose 5.72% this week</b></p><p>Popular Chinese stocks rose generally, with the Nasdaq China Golden Dragon Index rising 2.81% and 5.72% this week. Manbang rose by more than 8%,<a href=\"https://laohu8.com/S/IQ\">iQIYI</a>rose by more than 6%,<a href=\"https://laohu8.com/S/TME\">Tencent Music</a>Up more than 5%,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>rose by more than 4%,<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>、<a href=\"https://laohu8.com/S/NTES\">Netease</a>、<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>、<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>Weibo rose by more than 3%,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>rose by more than 1%,<a href=\"https://laohu8.com/S/JD\">Jingdong</a>Small upside.<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It fell by more than 1%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>Down slightly.</p><p><b>U.S. WTI crude closed 1.9% higher on Friday, up 8.3% for the week</b></p><p>West Texas Intermediate (WTI) crude oil futures for February delivery rose $1.47, or 1.9%, to close at $79.86 a barrel on the New York Mercantile Exchange, the highest closing price since Dec. 30. WTI crude oil futures have gained 8.3% this week.</p><p><b>New York gold futures closed 1.2% higher at $1,900</b></p><p>Gold futures for February delivery rose $22.90, or 1.2%, to close at $1,921.70 an ounce on Friday on the New York Mercantile Exchange. The price of the futures is up 2.8% this week.</p><p><b>European stocks closed higher across the board, with Germany's DAX30 index rising 0.19%</b></p><p>Germany's DAX30 index rose 0.19%, France's CAC40 index rose 0.69%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index rose 0.68%, the European Stoxx 50 rose 0.57%, Spain's IBEX35 rose 0.58% and Italy's FTSE MIB rose 0.18%.</p><p><b>International macro</b></p><p><a href=\"https://laohu8.com/NW/2303257382\" target=\"_blank\"><b>Fed Discloses 'Earnings': Net Profit Plunges to $58 Billion in 2022 on rate hike</b></a></p><p>At noon local time on Friday, the Federal Reserve released preliminary data on fiscal year 2022 profits, expenses and amounts transferred to the Treasury on its official website. The Fed's operating data also fluctuated dramatically, influenced by its own rate hike.</p><p><b>US Treasury Secretary: US government spending will reach the legal debt ceiling on the 19th</b></p><p>U.S. Treasury Secretary Janet Yellen sent a letter to Congress saying that U.S. government spending will reach the statutory debt ceiling on the 19th, and said that the Treasury Department will start \"taking certain special measures to prevent the United States from defaulting\".</p><p><a href=\"https://laohu8.com/NW/2303338393\" target=\"_blank\"><b>The initial value of the University of Michigan's 1-year inflation expectation fell to 4% in January, a new low since April 2021</b></a></p><p>In January, the initial value of the University of Michigan's one-year inflation expectation dropped to 4%, which was significantly lower than expected, and significantly lower than December, hitting a new low since April 2021. The decline in inflation expectations boosted consumer confidence significantly better than expected, and also rebounded sharply from December.</p><p><a href=\"https://laohu8.com/NW/2303338128\" target=\"_blank\"><b>Biden's \"leaked documents\" incident continues to ferment, and U.S. party fight escalates</b></a></p><p>Biden's private storage of confidential documents continues to ferment. U.S. President Joe Biden confirmed media reports on the 12th, admitting that in addition to storing confidential documents from his vice-presidential tenure in a former office, his residence also contains confidential documents. A new round of partisan dispute between the two parties in the United States also began.</p><p><b>Company News</b></p><p><a href=\"https://laohu8.com/NW/2303854163\" target=\"_blank\"><b>Tesla Unsellable, Global Price Reduction Promotion, Up to 20%</b></a></p><p>In the home U.S. market, Tesla slashed the price of its cheapest Model, the Model Y, by 20%, and the price of the expensive Model by up to $21,000. Tesla has also slashed its selling prices in countries such as Germany, Britain and France. A week ago, the company made its second round of price cuts in China since October.</p><p><a href=\"https://laohu8.com/NW/2303384273\" target=\"_blank\"><b>BlackRock sucked $146 billion in fourth quarter after stocks and bonds plunged to attract bargain hunters</b></a></p><p>The world's largest asset manager said in a statement Friday that net inflows into the products totaled $146 billion, higher than analysts' expectations of an average of $124 billion. Excluding outflows from BlackRock's cash management account, total net inflows were $114 billion.</p><p><a href=\"https://laohu8.com/NW/2303420385\" target=\"_blank\"><b>Citi's Q4 net income plummets more than 21%, but the decline is better than expected</b></a></p><p>According to the financial report, Citi's Q4 revenue was $18.01 billion, higher than analysts' expectation of $17.9 billion; Net income was $2.5 billion, compared with $3.2 billion a year earlier, although the decline was less severe than analysts expected; Earnings of $1.16 per share were better than analysts' expectations of $1.14.</p><p><a href=\"https://laohu8.com/NW/2303538678\" target=\"_blank\"><b>JPMorgan expects 2023 net interest income to miss, U.S. slowdown drags down key revenue</b></a></p><p>JPMorgan Chase, the largest U.S. bank, said its net interest income this year would fall short of analysts' expectations as the economy showed signs of a downturn. The company said net interest income, the main source of revenue, will be about $73 billion this year, down from expectations of $74.4 billion. The forecast comes after net interest income reached a record $20.2 billion in the fourth quarter.</p><p><a href=\"https://laohu8.com/NW/1187472513\" target=\"_blank\"><b>Lost $3 billion in nearly three years! Goldman's newly created consumer finance unit posts staggering losses</b></a></p><p>From the beginning of 2020 to the end of September, the Platform Solutions segment recorded a cumulative loss of $3 billion, according to the filing. When data for the latest quarter is released next week, the three-year cumulative loss is expected to be nearly $4 billion. In terms of the amount of credit loss provisions, the loss will reach $2 billion last year.</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>Last night and this morning | Many major Wall Street banks announced their earnings! All three indexes are up more than 2% this 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\">\nLast night and this morning | Many major Wall Street banks announced their earnings! All three indexes are up more than 2% this week\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\">2023-01-14 07:44</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Expectations of slowing inflation boost U.S. stocks, with S&P rising for second week; Popular Chinese stocks rose generally, and the Nasdaq China Golden Dragon Index rose by 5.72% this week; Four major banks on Wall Street announced their latest report cards; Net Profit Plunges to $58 Billion in 2022 as Federal Reserve Discloses 'Earnings'; Tesla Global Price Reduction Promotion Up to 20%>>><b>Overseas markets</b></p><p><b>Closing: S&P gains for second straight week as expectations of slowing inflation boost U.S. stocks</b></p><p>The market is evaluating<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>、<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>as well as<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Waiting for the financial report of Wall Street. Investors are betting that U.S. inflation will slow in 2023. The Dow rose 112.64 points, or 0.33%, to 34,302.61 points; The Nasdaq rose 78.05 points, or 0.71%, to 11,079.16 points; The S&P 500 rose 15.92 points, or 0.40%, to 3,999.09.</p><p>The Dow is up 2% this week, the Nasdaq is up 4.82% and the S&P 500 is up 2.67%, with all three major indexes recording gains. Both the Nasdaq and the S&P 500 had their best week since November. The S&P 500 recorded its second straight weekly gain.</p><p><b>Popular Chinese stocks rose broadly, and the Nasdaq China Golden Dragon Index rose 5.72% this week</b></p><p>Popular Chinese stocks rose generally, with the Nasdaq China Golden Dragon Index rising 2.81% and 5.72% this week. Manbang rose by more than 8%,<a href=\"https://laohu8.com/S/IQ\">iQIYI</a>rose by more than 6%,<a href=\"https://laohu8.com/S/TME\">Tencent Music</a>Up more than 5%,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>rose by more than 4%,<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>、<a href=\"https://laohu8.com/S/NTES\">Netease</a>、<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>、<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>Weibo rose by more than 3%,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>rose by more than 1%,<a href=\"https://laohu8.com/S/JD\">Jingdong</a>Small upside.<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It fell by more than 1%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>Down slightly.</p><p><b>U.S. WTI crude closed 1.9% higher on Friday, up 8.3% for the week</b></p><p>West Texas Intermediate (WTI) crude oil futures for February delivery rose $1.47, or 1.9%, to close at $79.86 a barrel on the New York Mercantile Exchange, the highest closing price since Dec. 30. WTI crude oil futures have gained 8.3% this week.</p><p><b>New York gold futures closed 1.2% higher at $1,900</b></p><p>Gold futures for February delivery rose $22.90, or 1.2%, to close at $1,921.70 an ounce on Friday on the New York Mercantile Exchange. The price of the futures is up 2.8% this week.</p><p><b>European stocks closed higher across the board, with Germany's DAX30 index rising 0.19%</b></p><p>Germany's DAX30 index rose 0.19%, France's CAC40 index rose 0.69%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index rose 0.68%, the European Stoxx 50 rose 0.57%, Spain's IBEX35 rose 0.58% and Italy's FTSE MIB rose 0.18%.</p><p><b>International macro</b></p><p><a href=\"https://laohu8.com/NW/2303257382\" target=\"_blank\"><b>Fed Discloses 'Earnings': Net Profit Plunges to $58 Billion in 2022 on rate hike</b></a></p><p>At noon local time on Friday, the Federal Reserve released preliminary data on fiscal year 2022 profits, expenses and amounts transferred to the Treasury on its official website. The Fed's operating data also fluctuated dramatically, influenced by its own rate hike.</p><p><b>US Treasury Secretary: US government spending will reach the legal debt ceiling on the 19th</b></p><p>U.S. Treasury Secretary Janet Yellen sent a letter to Congress saying that U.S. government spending will reach the statutory debt ceiling on the 19th, and said that the Treasury Department will start \"taking certain special measures to prevent the United States from defaulting\".</p><p><a href=\"https://laohu8.com/NW/2303338393\" target=\"_blank\"><b>The initial value of the University of Michigan's 1-year inflation expectation fell to 4% in January, a new low since April 2021</b></a></p><p>In January, the initial value of the University of Michigan's one-year inflation expectation dropped to 4%, which was significantly lower than expected, and significantly lower than December, hitting a new low since April 2021. The decline in inflation expectations boosted consumer confidence significantly better than expected, and also rebounded sharply from December.</p><p><a href=\"https://laohu8.com/NW/2303338128\" target=\"_blank\"><b>Biden's \"leaked documents\" incident continues to ferment, and U.S. party fight escalates</b></a></p><p>Biden's private storage of confidential documents continues to ferment. U.S. President Joe Biden confirmed media reports on the 12th, admitting that in addition to storing confidential documents from his vice-presidential tenure in a former office, his residence also contains confidential documents. A new round of partisan dispute between the two parties in the United States also began.</p><p><b>Company News</b></p><p><a href=\"https://laohu8.com/NW/2303854163\" target=\"_blank\"><b>Tesla Unsellable, Global Price Reduction Promotion, Up to 20%</b></a></p><p>In the home U.S. market, Tesla slashed the price of its cheapest Model, the Model Y, by 20%, and the price of the expensive Model by up to $21,000. Tesla has also slashed its selling prices in countries such as Germany, Britain and France. A week ago, the company made its second round of price cuts in China since October.</p><p><a href=\"https://laohu8.com/NW/2303384273\" target=\"_blank\"><b>BlackRock sucked $146 billion in fourth quarter after stocks and bonds plunged to attract bargain hunters</b></a></p><p>The world's largest asset manager said in a statement Friday that net inflows into the products totaled $146 billion, higher than analysts' expectations of an average of $124 billion. Excluding outflows from BlackRock's cash management account, total net inflows were $114 billion.</p><p><a href=\"https://laohu8.com/NW/2303420385\" target=\"_blank\"><b>Citi's Q4 net income plummets more than 21%, but the decline is better than expected</b></a></p><p>According to the financial report, Citi's Q4 revenue was $18.01 billion, higher than analysts' expectation of $17.9 billion; Net income was $2.5 billion, compared with $3.2 billion a year earlier, although the decline was less severe than analysts expected; Earnings of $1.16 per share were better than analysts' expectations of $1.14.</p><p><a href=\"https://laohu8.com/NW/2303538678\" target=\"_blank\"><b>JPMorgan expects 2023 net interest income to miss, U.S. slowdown drags down key revenue</b></a></p><p>JPMorgan Chase, the largest U.S. bank, said its net interest income this year would fall short of analysts' expectations as the economy showed signs of a downturn. The company said net interest income, the main source of revenue, will be about $73 billion this year, down from expectations of $74.4 billion. The forecast comes after net interest income reached a record $20.2 billion in the fourth quarter.</p><p><a href=\"https://laohu8.com/NW/1187472513\" target=\"_blank\"><b>Lost $3 billion in nearly three years! Goldman's newly created consumer finance unit posts staggering losses</b></a></p><p>From the beginning of 2020 to the end of September, the Platform Solutions segment recorded a cumulative loss of $3 billion, according to the filing. When data for the latest quarter is released next week, the three-year cumulative loss is expected to be nearly $4 billion. In terms of the amount of credit loss provisions, the loss will reach $2 billion last year.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141553960","content_text":"通胀放缓预期推高美股，标普指数连续第二周上涨；热门中概股普涨，纳斯达克中国金龙指数本周累涨5.72%；华尔街四大行公布最新成绩单；美联储披露“财报”，2022年净利润骤降至580亿美元；特斯拉全球降价促销，幅度最高达到20%>>>海外市场收盘：通胀放缓预期推高美股，标普指数连续第二周上涨市场正在评估摩根大通、富国银行以及美国银行等华尓街大行的财报。投资者押注2023年美国通胀将会放缓。道指涨112.64点，涨幅为0.33%，报34302.61点；纳指涨78.05点，涨幅为0.71%，报11079.16点；标普500指数涨15.92点，涨幅为0.40%，报3999.09点。本周道指上涨2%，纳指上涨4.82%，标普500指数上涨2.67%，三大股指均录得涨幅。纳指与标普500指数均创11月以来最佳一周表现。标普500指数录得连续第二周上涨。热门中概股普涨，纳斯达克中国金龙指数本周累涨5.72%热门中概股普涨，纳斯达克中国金龙指数涨2.81%，本周累涨5.72%。满帮涨超8%，爱奇艺涨超6%，腾讯音乐涨超5%，哔哩哔哩涨超4%，拼多多、网易、阿里巴巴、唯品会、微博涨超3%，百度涨超1%，京东小幅上涨。小鹏汽车跌超1%，理想汽车、蔚来小幅下跌。美国WTI原油周五收高1.9%，本周上涨8.3%纽约商品交易所2月交割的西德州中质原油（WTI）期货价格上涨1.47美元，涨幅为1.9%，收于每桶79.86美元，创12月30日以来的最高收盘价。本周WTI原油期货累计上涨8.3%。纽约黄金期货收高1.2%，站上1900美元周五，纽约商品交易所2月交割的黄金期货价格上涨22.90美元，涨幅为1.2%，收于每盎司1921.70美元。本周该期货价格上涨2.8%。欧股全线收涨，德国DAX30指数涨0.19%德国DAX30指数涨0.19%，法国CAC40指数涨0.69%，英国富时100指数涨0.68%，欧洲斯托克50指数涨0.57%，西班牙IBEX35指数涨0.58%，意大利富时MIB指数涨0.18%。国际宏观美联储披露“财报”：受加息影响，2022年净利润骤降至580亿美元当地时间周五中午，美联储在官网发布2022财年利润、支出和转移给财政部金额的初步数据。受到美联储自己加息的影响，这家机构的经营数据也出现了巨额波动。美财政部长：美政府支出将于19日达法定债务上限美国财政部长珍妮特·耶伦致信国会表示，美国政府支出将于19日达到法定的债务上限，并表示财政部将开始“采取某些特别措施，以防止美国违约”。美国1月密歇根大学1年通胀预期初值降至4%，创2021年4月来新低美国1月密歇根大学1年通胀预期初值降至4%，大幅不及预期，较12月显著回落，创2021年4月份以来新低。通胀预期的回落，提振消费者信心明显好于预期，也较12月大幅反弹。拜登“泄密文件”事件持续发酵，美国党争升级拜登私存机密文件一事持续发酵，美国总统拜登12日证实媒体相关报道，承认除在一间昔日的办公室存放任副总统时期的涉密文件外，他的住所也存有涉密文件。美国两党的新一轮党争，也由此开始。公司新闻特斯拉滞销，全球降价促销，幅度最高达到20%在美国本土市场，特斯拉将其最便宜的车型Model Y的价格降低了20%，昂贵车型的价格最高下调了21000美元。特斯拉还大幅下调了在德、英和法等国家的售价。一周前，该公司已在中国采取了10月以来第二轮降价行动。股债大跌引来抄底者，贝莱德第四季吸金1460亿美元这家全球最大的资产管理公司周五在一份声明中表示，其间净流入上述产品的资金总计达1460亿美元，高于分析师预期均值1240亿美元。剔除贝莱德现金管理账户的流出后，总净资金流入为1140亿美元。花旗Q4净利润大跌逾21%，但下降幅度好于预期财报显示，花旗Q4营收为180.1亿美元，高于分析师预期的179亿美元；净利润为25亿美元，上年同期为32亿美元，不过下降幅度没有分析师预期的严重；每股收益为1.16美元，好于分析师预期的1.14美元。摩根大通预计2023年净利息收入低于预期，美国经济放缓拖低关键收入美国最大银行摩根大通表示，因经济显示下滑迹象，该行今年的净利息收入将低于分析师预期。公司表示作为主要收入来源的净利息收入今年将约为730亿美元，低于预期的744亿美元。该预测在第四季度净利息收入达创纪录的202亿美元后作出。近三年损失30亿美元！高盛新成立的消费金融部门亏损惊人文件显示，从2020年初到9月底，平台解决方案部门亏损累计达30亿美元。当下周最新一季度的数据发布后，预计三年累计损失将接近40亿美元。从信贷损失准备金数额的来看，去年损失将达到20亿美元。","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9950798006,"gmtCreate":1672830874705,"gmtModify":1676538743887,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583922135029440","authorIdStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950798006","isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958823399,"gmtCreate":1673693654312,"gmtModify":1676538875485,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583922135029440","authorIdStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","listText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","text":"[微笑] 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👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953211684","isVote":1,"tweetType":1,"viewCount":1233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952951321,"gmtCreate":1674377630564,"gmtModify":1676538938787,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583922135029440","authorIdStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952951321","repostId":"1194412117","repostType":4,"repost":{"id":"1194412117","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":1673511204,"share":"https://ttm.financial/m/news/1194412117?lang=en_US&edition=fundamental","pubTime":"2023-01-12 16:13","market":"us","language":"zh","title":"Closure Reminder | Spring Festival Holiday Coming, List of Closure Arrangements in Major Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1194412117","media":"老虎资讯综合","summary":"农历新年假期即将来临，部分交易所的开市和收市时间有所变动，敬请各位投资者密切留意。港股：2023年1月23日（星期一）至1月25日（星期三）休市。美股：照常开市。A股：2023年1月23日（星期一）","content":"<p><html><head></head><body>The Lunar New Year holiday is approaching, and the opening and closing times of some exchanges have changed. Investors are requested to pay close attention.</p><p><img src=\"https://static.tigerbbs.com/04d5899f421e8615a172940df6d58ba0\" tg-width=\"1080\" tg-height=\"1085\" width=\"100%\" height=\"auto\"/></p><p><b>Hong Kong stocks:</b></p><p>Closed from Monday, January 23 to Wednesday, January 25, 2023.</p><p><b>U.S. stocks:</b></p><p>Open as usual.</p><p><b>A shares:</b></p><p>Closed from Monday, January 23 to Friday, January 27, 2023.</p><p><b>Australian stocks:</b></p><p>The market is closed on Thursday 26 January 2023 due to Australia Day.</p><p><b>Singapore Market:</b></p><p>Closed from Monday, January 23 to Tuesday, January 24, 2023.</p><p><b>Hong Kong Stock Connect:</b></p><p>Southbound Connect service will not be available from Thursday, January 19 to Friday, January 27, 2023, and Southbound Connect service will be opened as usual from Monday, January 30, 2023.</p><p><b>Shanghai Stock Connect and Shenzhen Stock Connect:</b></p><p>No service will be provided from Monday, January 23 to Friday, January 27, 2023, and the Shanghai Stock Connect service will be opened as usual from Monday, January 30.</p><p>No service will be available from Monday, January 23 to Friday, January 27, 2023, and the Shenzhen Stock Connect service will be opened as usual from Monday, January 30.</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>Closure Reminder | Spring Festival Holiday Coming, List of Closure Arrangements in Major 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\">\nClosure Reminder | Spring Festival Holiday Coming, List of Closure Arrangements in Major Markets\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\">2023-01-12 16:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The Lunar New Year holiday is approaching, and the opening and closing times of some exchanges have changed. Investors are requested to pay close attention.</p><p><img src=\"https://static.tigerbbs.com/04d5899f421e8615a172940df6d58ba0\" tg-width=\"1080\" tg-height=\"1085\" width=\"100%\" height=\"auto\"/></p><p><b>Hong Kong stocks:</b></p><p>Closed from Monday, January 23 to Wednesday, January 25, 2023.</p><p><b>U.S. stocks:</b></p><p>Open as usual.</p><p><b>A shares:</b></p><p>Closed from Monday, January 23 to Friday, January 27, 2023.</p><p><b>Australian stocks:</b></p><p>The market is closed on Thursday 26 January 2023 due to Australia Day.</p><p><b>Singapore Market:</b></p><p>Closed from Monday, January 23 to Tuesday, January 24, 2023.</p><p><b>Hong Kong Stock Connect:</b></p><p>Southbound Connect service will not be available from Thursday, January 19 to Friday, January 27, 2023, and Southbound Connect service will be opened as usual from Monday, January 30, 2023.</p><p><b>Shanghai Stock Connect and Shenzhen Stock Connect:</b></p><p>No service will be provided from Monday, January 23 to Friday, January 27, 2023, and the Shanghai Stock Connect service will be opened as usual from Monday, January 30.</p><p>No service will be available from Monday, January 23 to Friday, January 27, 2023, and the Shenzhen Stock Connect service will be opened as usual from Monday, January 30.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c1dff1223675c14e39aac31ef2ccf30d","relate_stocks":{"399001":"深证成指","399006":"创业板指","HSCEI":"国企指数","HSI":"恒生指数","000001.SH":"上证指数","HSTECH":"恒生科技指数"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194412117","content_text":"农历新年假期即将来临，部分交易所的开市和收市时间有所变动，敬请各位投资者密切留意。港股：2023年1月23日（星期一）至1月25日（星期三）休市。美股：照常开市。A股：2023年1月23日（星期一）至1月27日（星期五）休市。澳股：因澳大利亚日，2023年1月26日（星期四）休市。新加坡市场：2023年1月23日（星期一）至1月24日（星期二）休市。港股通：2023年1月19日（星期四）至1月27日（星期五）不提供港股通服务，1月30日（星期一）起照常开通港股通服务。沪股通、深股通：2023年1月23日（星期一）至1月27日（星期五）不提供服务，1月30日（星期一）起照常开通沪股通服务。2023年1月23日（星期一）至1月27日（星期五）不提供服务，1月30日（星期一）起照常开通深股通服务。","news_type":1,"symbols_score_info":{"399001":1.1,"399006":1.1,"HSCEI":1.1,"HSTECH":0.9,"000001.SH":0.9,"HSI":0.9}},"isVote":1,"tweetType":1,"viewCount":5028,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953744612,"gmtCreate":1673344674037,"gmtModify":1676538821269,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583922135029440","authorIdStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;👍👍","listText":"[微笑]&nbsp;👍👍","text":"[微笑] 👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953744612","isVote":1,"tweetType":1,"viewCount":1199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953945666,"gmtCreate":1673143993856,"gmtModify":1676538791773,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583922135029440","authorIdStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","listText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","text":"[微笑] [微笑] 👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953945666","isVote":1,"tweetType":1,"viewCount":1309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927961284,"gmtCreate":1672372694149,"gmtModify":1676538680938,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583922135029440","authorIdStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","listText":"[微笑]&nbsp;[微笑]&nbsp;👍👍","text":"[微笑] [微笑] 👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9927961284","isVote":1,"tweetType":1,"viewCount":792,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928935248,"gmtCreate":1671162919185,"gmtModify":1676538502084,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583922135029440","authorIdStr":"3583922135029440"},"themes":[],"title":"","htmlText":"👍👍[微笑]&nbsp;","listText":"👍👍[微笑]&nbsp;","text":"👍👍[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928935248","isVote":1,"tweetType":1,"viewCount":672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929753921,"gmtCreate":1670736087763,"gmtModify":1676538426156,"author":{"id":"3583922135029440","authorId":"3583922135029440","name":"俊霖","avatar":"https://static.tigerbbs.com/f71408b948c69d8b71ef2d19fb5e7647","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583922135029440","authorIdStr":"3583922135029440"},"themes":[],"title":"","htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9929753921","repostId":"1156255334","repostType":4,"repost":{"id":"1156255334","kind":"news","pubTimestamp":1670721209,"share":"https://ttm.financial/m/news/1156255334?lang=en_US&edition=fundamental","pubTime":"2022-12-11 09:13","market":"hk","language":"zh","title":"Li Xiang's Dream of a Trillion Car Empire, Starting with Organizational Change","url":"https://stock-news.laohu8.com/highlight/detail?id=1156255334","media":"赛博汽车","summary":"随着第三季度财报的发布，理想汽车成立以来最深刻的一场变革，正式拉开了大幕。这场变革的核心，是理想垂直职能组织的管理模式向矩阵型组织的升级。按照计划，在接下来的三年中，理想将在原有的两个横向实体部门的基","content":"<p><html><head></head><body>With the release of the third quarter financial report, the most profound change since the establishment of Li Auto officially kicked off.</p><p>The core of this change is the upgrading of the management mode of the ideal vertical function organization to the matrix organization. As planned,<b>In the next three years, Ideal will add five horizontal entity departments to the original two horizontal entity departments, and shift to integration in management processes.</b></p><p>Li Xiang said bluntly, by next year. Ideally, it will enter the stage of annual revenue of 100 billion yuan, and the growth of volume requires a more suitable organizational structure and process to adapt.</p><p>At the same time, the ideal management has also made a series of adjustments,<b>Shen Yanan will resign as president and quit the board of directors, and he will subsequently join the Li Auto Process Change Committee.</b>Judging from the disclosed information, Shen Yanan will eventually leave the ideal completely.</p><p><b>In place of Shen Yanan as president, Ma Donghui, the former chief engineer of Ideal with a background in vehicle engineering, and Xie Yan, who has experience in underlying software architecture development, is the CTO in charge of R&D.</b></p><p>The most obvious feature is the change of senior management and the technical school at the helm. From the background of the above two people, we can also get a glimpse of the key directions of ideal future R&D work.</p><p><b>Change of Ideal Organizational Structure, From Vertical Management to Matrix</b></p><p>In an open letter to internal employees, Li Xiang announced that Ideal had launched the upgrade of matrix organization in an all-round way, and at the same time introduced the details of this organizational reform.</p><p><b>To sum up in one sentence, it is to transform the original vertical function management into a matrix organization management mode.</b></p><p>Specifically, Ideal will be based on the original two horizontal entity departments of strategy department and product department,<b>According to the specific business, five entity departments are added, including the commercial department, the supply department, the process department, the organization department and the finance department. The ideal organizational matrix is composed of these seven horizontal entity sectors.</b></p><p>Li Xiang said at the third quarter financial report meeting that the biggest feature of the matrix organization management mode is that it can ensure the quality management of the whole process of the enterprise. Take an example to understand:</p><p>\"The horizontal team is responsible for the planning, operation and repair of the path, while the vertical team's task is to build, drive and operate cars. High-quality roads and high-level fleets can create a virtuous circle in business\".</p><p>While dividing the matrix organization, the management process within the matrix also has charters,<b>In the next three years, Ideal will gradually implement seven first-level processes, namely DSTE (from strategy to execution), IPD (integrated product development), IPMS (integrated product marketing and sales), ISC (integrated supply chain), BT&IT, LTD and IFS, forming the minimum operational closed loop of Ideal matrix organization.</b></p><p>Many of the management processes adopted by Ideal can also be found in many large companies. For example, Huawei introduced a series of management methodologies such as DSTE, IPD, IPMS and ISC from IBM around 2000, when its business began to take off.</p><p>Looking back at the ideal matrix organization form, it has some similarities with the organizational adjustment of XPeng Automobile not long ago. All of them are divided into functional sectors through horizontal matrix organization and cooperate with vertical business lines.</p><p>However, unlike the FireWire reform in XPeng,<b>Ideally, this adjustment is based on the experience of small-scale pilot projects, and then it is rolled out on a large scale.</b></p><p>Li Xiang disclosed that as early as two years ago, Ideal first used IPD for product development internally. At present, Ideal's second-generation models, including L9, L8, L7, etc., are all products with this centralized product development process.</p><p>Judging from the market feedback that the ideal L9 broke 10,000 in the first month of delivery, the ideal pilot in the early stage has indeed achieved results.</p><p>Therefore, after two years of small-scale pilot, Ideal finally rolled out organizational reform on a large scale when it is about to enter 2023.</p><p>Of course, the timing of ideal organizational adjustment is not only because of the results of the early pilot, but more importantly, Li Xiang's optimistic judgment on the future prospects.</p><p><b>Li Xiang believes that Li Auto will enter the stage of annual income of 100 billion by next year. At this stage, Ideal has gone from 0-1 to 1-10.</b></p><p><b>During this stage, any poor major decisions and low-quality delivery of products can be devastating to the company. The characteristics of whole-process quality management in matrix organization can make ideal avoid the pits in the growth process.</b></p><p><b>Ideal Personnel Change Focus, Technical Manager at the Helm</b></p><p>At the same time of organizational reform, the ideal management has also made a series of personnel adjustments. According to the official news of Ideal, this adjustment mainly involves three senior executives.</p><p><img src=\"https://static.tigerbbs.com/a920023e9c13f2c6bbe321a144fc4083\" tg-width=\"1400\" tg-height=\"926\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Shen Yanan, co-founder and current president of Li Auto</p><p><b>First of all, Shen Yanan, co-founder and current president of Ideal, will step down as president and withdraw from the board of directors from January 1st next year. After joining the Process Change Committee, Shen Yanan will completely leave Ideal after assisting in the organizational change.</b></p><p>In fact, as one of the ideal Lianchuang, the news that Shen Yanan left the ideal is not surprising. At the beginning of September this year, Shen Yanan sold ideal stocks in Hong Kong stocks twice in less than a week, reducing his holdings by 1 million shares in total, with the shareholding ratio dropping from 1.74% to 1.71%, and cashing out nearly 100 million yuan in total.</p><p>Although the shareholding ratio did not decrease much, it was at the time when Ideal ONE stopped production, and the delivery data of fracture was disclosed in August. Moreover, the new product Ideal L9 had just started delivery, and the market performance was still on the cusp of uncertainty.</p><p>As the number two person of the company, choosing to reduce stock holdings at this sensitive time can't help but make people think too much. Perhaps at that time, Shen Yanan had already made a plan to quit the core management and leave the ideal.</p><p><b>Shen Yanan stepped down, and the vacant president position was handed over to Ma Donghui, another co-founder of Ideal, who is currently the chief engineer of the company, who is responsible for the R&D and supply group as a whole. At the same time, Ma Donghui also entered the board of directors of Ideal.</b></p><p>It is reported that after Wang Kai, the original CTO of Ideal, left at the beginning of this year, Ma Donghui also assumed the responsibility of CTO. After taking office as president this time, the position of CTO was held by Xie Yan, the former senior vice president, and he was fully responsible for the research and development of the system and computing group.</p><p>In addition to the adjustment of positions, the backgrounds of Ma Donghui and Xie Yan are also worth sorting out.</p><p><img src=\"https://static.tigerbbs.com/d87615b1b281459d10d51521fcaf538b\" tg-width=\"1399\" tg-height=\"934\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Ma Donghui, co-founder and current chief engineer of Li Auto</p><p>According to public information, Ma Donghui graduated from Wuhan University of Technology in 1999, majoring in power engineering, and then obtained a master's degree in mechanical manufacturing and automation from Shanghai University in 2003.</p><p>Since the establishment of Ideal, Ma Donghui has served as the chief engineer of the company, mainly responsible for the work of Li Auto product R&D group, including styling design, vehicle electric, intelligent space, intelligent driving, computing power architecture, R&D and operation and other business modules.</p><p>Before entering Ideal, Ma Donghui served as the director of the research institute of Sany Heavy Industry Body Co., Ltd., and has extensive experience in vehicle research and development.</p><p><img src=\"https://static.tigerbbs.com/0665c98a2f5503d4aad68e3bcdc3260d\" tg-width=\"1400\" tg-height=\"928\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Xie Yan, the current head of system research and development department of Li Auto</p><p>Yan Xie received his bachelor's degree in information electronic engineering from Zhejiang University in 2001 and his master's degree in computer engineering from the University of Delaware in 2003.</p><p>Before joining Ideal, Xie Yan served as the chief architect and rotating general manager of AliOS business group of Alibaba, responsible for the technical architecture design and R&D management of mobile operating system. In 2019, Xie Yandi joined Huawei after leaving Ali and was responsible for the research and development of Huawei's HarmonyOS.</p><p>Throughout Xie Yan's academic background and professional experience, it can be understood that this person is experienced in the underlying operating system of automotive software.</p><p><b>One is the whole vehicle and the other is the software. Although the strengths are different, the ideal personnel adjustment reflects a common thread that they are both of technical origin.</b></p><p><b>That is to say, after Shen Yanan, who has a background in supply chain management, leaves, the ideal will be sent by technology to take the helm.</b></p><p><b>This also means that the ideal technology research and development work will be placed at an unprecedented height. The ideal R&D layout for a long time from now to the future is also clearer in Li Xiang's speech at the financial report meeting.</b></p><p>Li Xiang said that at present, the ideal R&D work is mainly divided into three sectors, one is product R&D, that is, the R&D and design of new models; The second is the research and development of technology platform, including a new generation of extended-range electric platform, high-voltage pure electric platform, intelligent cockpit platform, intelligent driving platform, etc. The third is the research and development of the underlying system, which is mainly the infrastructure construction of the underlying software.</p><p><b>In terms of the priority of investment in the three major R&D sectors, the technology platform has invested the most resources at present, followed by the research and development of vehicle models and underlying systems.</b></p><p>Such R&D layout logic is in line with the current ideal status quo.</p><p>First, from the perspective of products, the current ideal is in a state of rapid expansion of product matrix, which also means that the ideal needs to improve the reuse rate of platform technology on different models and improve development efficiency through platformization.</p><p>Second, Ideal is currently at the key node of breaking into the field of pure electric vehicles, and it is an inevitable result to put the research and development of high-voltage pure electric platform into an advantageous position.</p><p>According to the plan, Ideal's first pure electric vehicle will be delivered next year. This pure electric vehicle will be equipped with 800V high-voltage pure electric platform components, including power chip, power module, electronic control, motor, transmission system, etc., all of which will be self-developed by Ideal.</p><p>At the same time, Ideal also stated in the prospectus that with the listing of Ideal pure electric vehicles, the company will also develop and build its own high-power charging network.</p><p>For the ideal of starting and growing by extending the range, whether it can achieve the same market recognition and achievements on the pure electric track, the first product is crucial.</p><p>However, Li Xiang also said that if we look at IT in the long run, the research and development of the underlying system may exceed that of the vehicle model. In the ideal planning, this part includes the underlying OS, supercomputing platform, cloud services, IT systems, computing platform support, etc., which almost covers all automotive software development.</p><p>In addition, just in May this year, Ideal also set up a chip design company to lay out the chip sector.</p><p>According to the above arrangement, it can be seen that the ideal whole R&D layout can actually be divided into two stages:</p><p><b>First of all, the current goal is to form the ability of platform reuse in four fields: range extension, pure electricity, cockpit and intelligent driving, and to maximize the scope of self-research and enhance the ability of ideal vertical integration.</b></p><p><b>Secondly, for a long time in the future, it is necessary to build a full-stack capability from hardware to the underlying architecture of software, and then to the upper-layer algorithm capability in terms of intelligence, so as to hold the autonomy of software-defined cars in our hands.</b></p><p>Looking back on the ideal along the way, there are sales miracles and product reputations, but compared with Nio and XPeng, it also leaves criticism of insufficient technical investment.</p><p>With the growth of the ideal volume, the lessons that have fallen behind in research and development, the ideal should now make up for all the lessons, take the road taken by Nio and XPeng again, and even want to go deeper and farther.</p><p>Of course, the realization of the blueprint is also accompanied by the payment of real money. In terms of R&D expenses, Ideal has been growing with the naked eye in recent quarters.</p><p><img src=\"https://static.tigerbbs.com/6ce1e29942d721ce7b1a4d6216d2d8f0\" tg-width=\"1399\" tg-height=\"831\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><b>According to the financial report, the ideal R&D expenditure surpassed that of XPeng in the first quarter of this year, and by the third quarter of this year, this figure had increased to 1.8 billion yuan, reaching the highest point in the ideal history.</b></p><p>If nothing else, this high point will be constantly refreshed afterwards. According to Li Tie, CFO of Ideal, Ideal's R&D expenditure this year is about 7 billion yuan, and in 2023, this number will further increase to 10-12 billion yuan.</p><p><b>R&D investment reaches its highest point, with optimistic sales guidance for the fourth quarter</b></p><p>Finally, let's take a look at Ideal's operating performance in the third quarter of this year.</p><p>According to the financial report, Ideal's revenue in the third quarter was 9.34 billion yuan, a year-on-year increase of 20.2% and an increase of 7% over the previous quarter. Among them, the revenue of automobile business was 9.05 billion yuan, representing a year-on-year increase of 25% and a month-on-month increase of 6.6%. The increase in revenue was due to the higher average selling price of the Ideal L9.</p><p>In terms of delivery, in the third quarter, Ideal delivered a total of 26,524 new vehicles, representing an increase of 5.6% from the same period last year and a decrease of 8% from the previous quarter. The decline in deliveries was mainly due to the massive production reduction of Ideal ONE in August.</p><p><b>However, judging from the follow-up delivery trend, although the ideal delivery suffered a fracture in August, it also completed the switching between old and new products smoothly, and gradually returned to a high level in the following three months. By November, the ideal delivery achievement broke its monthly delivery record with 15,034 vehicles.</b></p><p><img src=\"https://static.tigerbbs.com/d8fac9a6c225e1f8f05c3db87bfd25f6\" tg-width=\"1399\" tg-height=\"831\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>In the third quarter, the ideal cost of sales was 8.16 billion yuan, an increase of 36.8% from the same period last year and an increase of 19.1% from the second quarter. Compared with the increase in revenue, the ideal cost of sales has increased disproportionately.<b>Ideal said this was mainly due to higher average cost of sales due to the delivery of the new product Ideal L9, coupled with the loss of inventory preparation and procurement commitments for Ideal ONE due to the launch of the L8.</b></p><p>As a result, this also caused Ideal's gross profit margin to drop sharply to 12.7% this quarter from 21.5% in the last quarter, the lowest point since the listing of U.S. stocks.</p><p><img src=\"https://static.tigerbbs.com/c6ee523cdcbc1341bff1199ad2a23250\" tg-width=\"1398\" tg-height=\"830\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>In terms of expenses, Ideal's R&D expenditure in this quarter was 1.8 billion yuan, a year-on-year increase of 103% and a quarter-on-quarter increase of 17.8%. Selling, general and administrative expenses amounted to RMB1.51 billion, representing a year-on-year increase of 47.6% and a month-on-month increase of 13.8%.</p><p>In terms of losses, Ideal's net loss in the third quarter was 1.65 billion yuan, an increase of 157% from the previous quarter, and the loss greatly expanded.</p><p>As of the end of the third quarter of this year, Ideal's cash and cash equivalents were 55.83 billion yuan, an increase of 2.18 billion yuan from the end of the previous quarter.</p><p>The above is the third quarter report card handed over by Ideal, which has bright spots, but due to the impact of the shutdown of Ideal ONE, the problem of profitability is also not small.</p><p>However, Ideal is obviously very optimistic about the guidance of future operating conditions.</p><p>According to the financial report, Ideal's delivery in the fourth quarter of this year is expected to be 45,000-48,000 vehicles, and the revenue scale in the same period will increase to 16.51-17.61 billion yuan.</p><p>At the same time, with the further expansion of the delivery scale of L9 and L8, Ideal also gave a positive expectation for next year. Ideal said that by 2023, the steady-state monthly delivery volume of L9 can reach 8,000-11,000 units, and the steady-state monthly sales volume of L8 will be 10,000-14,000 units.</p><p>Calculated, the ideal steady-state monthly delivery volume can reach 18,000-25,000 vehicles next year, and L7 will be delivered soon, which is expected to be further improved.</p><p>From this point of view, Li Xiang's small goal of earning 100 billion yuan next year is really not casual talk.</p><p></body></html></p>","source":"lsy1666839543395","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>Li Xiang's Dream of a Trillion Car Empire, Starting with Organizational Change</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\">\nLi Xiang's Dream of a Trillion Car Empire, Starting with Organizational Change\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">赛博汽车</strong><span class=\"h-time small\">2022-12-11 09:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>With the release of the third quarter financial report, the most profound change since the establishment of Li Auto officially kicked off.</p><p>The core of this change is the upgrading of the management mode of the ideal vertical function organization to the matrix organization. As planned,<b>In the next three years, Ideal will add five horizontal entity departments to the original two horizontal entity departments, and shift to integration in management processes.</b></p><p>Li Xiang said bluntly, by next year. Ideally, it will enter the stage of annual revenue of 100 billion yuan, and the growth of volume requires a more suitable organizational structure and process to adapt.</p><p>At the same time, the ideal management has also made a series of adjustments,<b>Shen Yanan will resign as president and quit the board of directors, and he will subsequently join the Li Auto Process Change Committee.</b>Judging from the disclosed information, Shen Yanan will eventually leave the ideal completely.</p><p><b>In place of Shen Yanan as president, Ma Donghui, the former chief engineer of Ideal with a background in vehicle engineering, and Xie Yan, who has experience in underlying software architecture development, is the CTO in charge of R&D.</b></p><p>The most obvious feature is the change of senior management and the technical school at the helm. From the background of the above two people, we can also get a glimpse of the key directions of ideal future R&D work.</p><p><b>Change of Ideal Organizational Structure, From Vertical Management to Matrix</b></p><p>In an open letter to internal employees, Li Xiang announced that Ideal had launched the upgrade of matrix organization in an all-round way, and at the same time introduced the details of this organizational reform.</p><p><b>To sum up in one sentence, it is to transform the original vertical function management into a matrix organization management mode.</b></p><p>Specifically, Ideal will be based on the original two horizontal entity departments of strategy department and product department,<b>According to the specific business, five entity departments are added, including the commercial department, the supply department, the process department, the organization department and the finance department. The ideal organizational matrix is composed of these seven horizontal entity sectors.</b></p><p>Li Xiang said at the third quarter financial report meeting that the biggest feature of the matrix organization management mode is that it can ensure the quality management of the whole process of the enterprise. Take an example to understand:</p><p>\"The horizontal team is responsible for the planning, operation and repair of the path, while the vertical team's task is to build, drive and operate cars. High-quality roads and high-level fleets can create a virtuous circle in business\".</p><p>While dividing the matrix organization, the management process within the matrix also has charters,<b>In the next three years, Ideal will gradually implement seven first-level processes, namely DSTE (from strategy to execution), IPD (integrated product development), IPMS (integrated product marketing and sales), ISC (integrated supply chain), BT&IT, LTD and IFS, forming the minimum operational closed loop of Ideal matrix organization.</b></p><p>Many of the management processes adopted by Ideal can also be found in many large companies. For example, Huawei introduced a series of management methodologies such as DSTE, IPD, IPMS and ISC from IBM around 2000, when its business began to take off.</p><p>Looking back at the ideal matrix organization form, it has some similarities with the organizational adjustment of XPeng Automobile not long ago. All of them are divided into functional sectors through horizontal matrix organization and cooperate with vertical business lines.</p><p>However, unlike the FireWire reform in XPeng,<b>Ideally, this adjustment is based on the experience of small-scale pilot projects, and then it is rolled out on a large scale.</b></p><p>Li Xiang disclosed that as early as two years ago, Ideal first used IPD for product development internally. At present, Ideal's second-generation models, including L9, L8, L7, etc., are all products with this centralized product development process.</p><p>Judging from the market feedback that the ideal L9 broke 10,000 in the first month of delivery, the ideal pilot in the early stage has indeed achieved results.</p><p>Therefore, after two years of small-scale pilot, Ideal finally rolled out organizational reform on a large scale when it is about to enter 2023.</p><p>Of course, the timing of ideal organizational adjustment is not only because of the results of the early pilot, but more importantly, Li Xiang's optimistic judgment on the future prospects.</p><p><b>Li Xiang believes that Li Auto will enter the stage of annual income of 100 billion by next year. At this stage, Ideal has gone from 0-1 to 1-10.</b></p><p><b>During this stage, any poor major decisions and low-quality delivery of products can be devastating to the company. The characteristics of whole-process quality management in matrix organization can make ideal avoid the pits in the growth process.</b></p><p><b>Ideal Personnel Change Focus, Technical Manager at the Helm</b></p><p>At the same time of organizational reform, the ideal management has also made a series of personnel adjustments. According to the official news of Ideal, this adjustment mainly involves three senior executives.</p><p><img src=\"https://static.tigerbbs.com/a920023e9c13f2c6bbe321a144fc4083\" tg-width=\"1400\" tg-height=\"926\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Shen Yanan, co-founder and current president of Li Auto</p><p><b>First of all, Shen Yanan, co-founder and current president of Ideal, will step down as president and withdraw from the board of directors from January 1st next year. After joining the Process Change Committee, Shen Yanan will completely leave Ideal after assisting in the organizational change.</b></p><p>In fact, as one of the ideal Lianchuang, the news that Shen Yanan left the ideal is not surprising. At the beginning of September this year, Shen Yanan sold ideal stocks in Hong Kong stocks twice in less than a week, reducing his holdings by 1 million shares in total, with the shareholding ratio dropping from 1.74% to 1.71%, and cashing out nearly 100 million yuan in total.</p><p>Although the shareholding ratio did not decrease much, it was at the time when Ideal ONE stopped production, and the delivery data of fracture was disclosed in August. Moreover, the new product Ideal L9 had just started delivery, and the market performance was still on the cusp of uncertainty.</p><p>As the number two person of the company, choosing to reduce stock holdings at this sensitive time can't help but make people think too much. Perhaps at that time, Shen Yanan had already made a plan to quit the core management and leave the ideal.</p><p><b>Shen Yanan stepped down, and the vacant president position was handed over to Ma Donghui, another co-founder of Ideal, who is currently the chief engineer of the company, who is responsible for the R&D and supply group as a whole. At the same time, Ma Donghui also entered the board of directors of Ideal.</b></p><p>It is reported that after Wang Kai, the original CTO of Ideal, left at the beginning of this year, Ma Donghui also assumed the responsibility of CTO. After taking office as president this time, the position of CTO was held by Xie Yan, the former senior vice president, and he was fully responsible for the research and development of the system and computing group.</p><p>In addition to the adjustment of positions, the backgrounds of Ma Donghui and Xie Yan are also worth sorting out.</p><p><img src=\"https://static.tigerbbs.com/d87615b1b281459d10d51521fcaf538b\" tg-width=\"1399\" tg-height=\"934\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Ma Donghui, co-founder and current chief engineer of Li Auto</p><p>According to public information, Ma Donghui graduated from Wuhan University of Technology in 1999, majoring in power engineering, and then obtained a master's degree in mechanical manufacturing and automation from Shanghai University in 2003.</p><p>Since the establishment of Ideal, Ma Donghui has served as the chief engineer of the company, mainly responsible for the work of Li Auto product R&D group, including styling design, vehicle electric, intelligent space, intelligent driving, computing power architecture, R&D and operation and other business modules.</p><p>Before entering Ideal, Ma Donghui served as the director of the research institute of Sany Heavy Industry Body Co., Ltd., and has extensive experience in vehicle research and development.</p><p><img src=\"https://static.tigerbbs.com/0665c98a2f5503d4aad68e3bcdc3260d\" tg-width=\"1400\" tg-height=\"928\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Xie Yan, the current head of system research and development department of Li Auto</p><p>Yan Xie received his bachelor's degree in information electronic engineering from Zhejiang University in 2001 and his master's degree in computer engineering from the University of Delaware in 2003.</p><p>Before joining Ideal, Xie Yan served as the chief architect and rotating general manager of AliOS business group of Alibaba, responsible for the technical architecture design and R&D management of mobile operating system. In 2019, Xie Yandi joined Huawei after leaving Ali and was responsible for the research and development of Huawei's HarmonyOS.</p><p>Throughout Xie Yan's academic background and professional experience, it can be understood that this person is experienced in the underlying operating system of automotive software.</p><p><b>One is the whole vehicle and the other is the software. Although the strengths are different, the ideal personnel adjustment reflects a common thread that they are both of technical origin.</b></p><p><b>That is to say, after Shen Yanan, who has a background in supply chain management, leaves, the ideal will be sent by technology to take the helm.</b></p><p><b>This also means that the ideal technology research and development work will be placed at an unprecedented height. The ideal R&D layout for a long time from now to the future is also clearer in Li Xiang's speech at the financial report meeting.</b></p><p>Li Xiang said that at present, the ideal R&D work is mainly divided into three sectors, one is product R&D, that is, the R&D and design of new models; The second is the research and development of technology platform, including a new generation of extended-range electric platform, high-voltage pure electric platform, intelligent cockpit platform, intelligent driving platform, etc. The third is the research and development of the underlying system, which is mainly the infrastructure construction of the underlying software.</p><p><b>In terms of the priority of investment in the three major R&D sectors, the technology platform has invested the most resources at present, followed by the research and development of vehicle models and underlying systems.</b></p><p>Such R&D layout logic is in line with the current ideal status quo.</p><p>First, from the perspective of products, the current ideal is in a state of rapid expansion of product matrix, which also means that the ideal needs to improve the reuse rate of platform technology on different models and improve development efficiency through platformization.</p><p>Second, Ideal is currently at the key node of breaking into the field of pure electric vehicles, and it is an inevitable result to put the research and development of high-voltage pure electric platform into an advantageous position.</p><p>According to the plan, Ideal's first pure electric vehicle will be delivered next year. This pure electric vehicle will be equipped with 800V high-voltage pure electric platform components, including power chip, power module, electronic control, motor, transmission system, etc., all of which will be self-developed by Ideal.</p><p>At the same time, Ideal also stated in the prospectus that with the listing of Ideal pure electric vehicles, the company will also develop and build its own high-power charging network.</p><p>For the ideal of starting and growing by extending the range, whether it can achieve the same market recognition and achievements on the pure electric track, the first product is crucial.</p><p>However, Li Xiang also said that if we look at IT in the long run, the research and development of the underlying system may exceed that of the vehicle model. In the ideal planning, this part includes the underlying OS, supercomputing platform, cloud services, IT systems, computing platform support, etc., which almost covers all automotive software development.</p><p>In addition, just in May this year, Ideal also set up a chip design company to lay out the chip sector.</p><p>According to the above arrangement, it can be seen that the ideal whole R&D layout can actually be divided into two stages:</p><p><b>First of all, the current goal is to form the ability of platform reuse in four fields: range extension, pure electricity, cockpit and intelligent driving, and to maximize the scope of self-research and enhance the ability of ideal vertical integration.</b></p><p><b>Secondly, for a long time in the future, it is necessary to build a full-stack capability from hardware to the underlying architecture of software, and then to the upper-layer algorithm capability in terms of intelligence, so as to hold the autonomy of software-defined cars in our hands.</b></p><p>Looking back on the ideal along the way, there are sales miracles and product reputations, but compared with Nio and XPeng, it also leaves criticism of insufficient technical investment.</p><p>With the growth of the ideal volume, the lessons that have fallen behind in research and development, the ideal should now make up for all the lessons, take the road taken by Nio and XPeng again, and even want to go deeper and farther.</p><p>Of course, the realization of the blueprint is also accompanied by the payment of real money. In terms of R&D expenses, Ideal has been growing with the naked eye in recent quarters.</p><p><img src=\"https://static.tigerbbs.com/6ce1e29942d721ce7b1a4d6216d2d8f0\" tg-width=\"1399\" tg-height=\"831\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><b>According to the financial report, the ideal R&D expenditure surpassed that of XPeng in the first quarter of this year, and by the third quarter of this year, this figure had increased to 1.8 billion yuan, reaching the highest point in the ideal history.</b></p><p>If nothing else, this high point will be constantly refreshed afterwards. According to Li Tie, CFO of Ideal, Ideal's R&D expenditure this year is about 7 billion yuan, and in 2023, this number will further increase to 10-12 billion yuan.</p><p><b>R&D investment reaches its highest point, with optimistic sales guidance for the fourth quarter</b></p><p>Finally, let's take a look at Ideal's operating performance in the third quarter of this year.</p><p>According to the financial report, Ideal's revenue in the third quarter was 9.34 billion yuan, a year-on-year increase of 20.2% and an increase of 7% over the previous quarter. Among them, the revenue of automobile business was 9.05 billion yuan, representing a year-on-year increase of 25% and a month-on-month increase of 6.6%. The increase in revenue was due to the higher average selling price of the Ideal L9.</p><p>In terms of delivery, in the third quarter, Ideal delivered a total of 26,524 new vehicles, representing an increase of 5.6% from the same period last year and a decrease of 8% from the previous quarter. The decline in deliveries was mainly due to the massive production reduction of Ideal ONE in August.</p><p><b>However, judging from the follow-up delivery trend, although the ideal delivery suffered a fracture in August, it also completed the switching between old and new products smoothly, and gradually returned to a high level in the following three months. By November, the ideal delivery achievement broke its monthly delivery record with 15,034 vehicles.</b></p><p><img src=\"https://static.tigerbbs.com/d8fac9a6c225e1f8f05c3db87bfd25f6\" tg-width=\"1399\" tg-height=\"831\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>In the third quarter, the ideal cost of sales was 8.16 billion yuan, an increase of 36.8% from the same period last year and an increase of 19.1% from the second quarter. Compared with the increase in revenue, the ideal cost of sales has increased disproportionately.<b>Ideal said this was mainly due to higher average cost of sales due to the delivery of the new product Ideal L9, coupled with the loss of inventory preparation and procurement commitments for Ideal ONE due to the launch of the L8.</b></p><p>As a result, this also caused Ideal's gross profit margin to drop sharply to 12.7% this quarter from 21.5% in the last quarter, the lowest point since the listing of U.S. stocks.</p><p><img src=\"https://static.tigerbbs.com/c6ee523cdcbc1341bff1199ad2a23250\" tg-width=\"1398\" tg-height=\"830\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>In terms of expenses, Ideal's R&D expenditure in this quarter was 1.8 billion yuan, a year-on-year increase of 103% and a quarter-on-quarter increase of 17.8%. Selling, general and administrative expenses amounted to RMB1.51 billion, representing a year-on-year increase of 47.6% and a month-on-month increase of 13.8%.</p><p>In terms of losses, Ideal's net loss in the third quarter was 1.65 billion yuan, an increase of 157% from the previous quarter, and the loss greatly expanded.</p><p>As of the end of the third quarter of this year, Ideal's cash and cash equivalents were 55.83 billion yuan, an increase of 2.18 billion yuan from the end of the previous quarter.</p><p>The above is the third quarter report card handed over by Ideal, which has bright spots, but due to the impact of the shutdown of Ideal ONE, the problem of profitability is also not small.</p><p>However, Ideal is obviously very optimistic about the guidance of future operating conditions.</p><p>According to the financial report, Ideal's delivery in the fourth quarter of this year is expected to be 45,000-48,000 vehicles, and the revenue scale in the same period will increase to 16.51-17.61 billion yuan.</p><p>At the same time, with the further expansion of the delivery scale of L9 and L8, Ideal also gave a positive expectation for next year. Ideal said that by 2023, the steady-state monthly delivery volume of L9 can reach 8,000-11,000 units, and the steady-state monthly sales volume of L8 will be 10,000-14,000 units.</p><p>Calculated, the ideal steady-state monthly delivery volume can reach 18,000-25,000 vehicles next year, and L7 will be delivered soon, which is expected to be further improved.</p><p>From this point of view, Li Xiang's small goal of earning 100 billion yuan next year is really not casual talk.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.tmtpost.com/6342537.html\">赛博汽车</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2c0ab7d3f5d89bb403311ca0a8e68f8e","relate_stocks":{"LI":"理想汽车"},"source_url":"https://www.tmtpost.com/6342537.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156255334","content_text":"随着第三季度财报的发布，理想汽车成立以来最深刻的一场变革，正式拉开了大幕。这场变革的核心，是理想垂直职能组织的管理模式向矩阵型组织的升级。按照计划，在接下来的三年中，理想将在原有的两个横向实体部门的基础上新增五个横向实体部门，并在管理流程上向集成化转变。李想直言，到了明年。理想将迈入年收入千亿级别的阶段，体量的增长就需要更合适的组织结构和流程进行适配。同时，理想的管理层也进行了一系列调整，沈亚楠将辞任总裁并退出董事会，他后续将加入到理想汽车流程变革委员会。从披露的消息看，最终沈亚楠将彻底离开理想。代替沈亚楠出任总裁的，是拥有整车工程背景的理想原总工程师马东辉，执掌研发工作的CTO职位，则由具备底层软件架构开发经验的谢炎出任。高层管理者变动，技术派掌舵是最明显的特征，从上述两人的背景看，理想未来研发工作的重点方向，也能窥之一二。理想组织结构变革，由垂直管理到矩阵化李想在给内部员工的公开信中，宣告理想全面启动矩阵型组织升级，同时将这次组织改革的详细情况进行了介绍。用一句话总结起来，就是将原来的垂直职能管理转变为矩阵型组织管理模式。具体来看，理想将在原有的战略部和产品部两个横向实体部门的基础上，根据具体业务新增商业部、供应部、流程部、组织部、财经部等五个实体部门。由这七个横向实体部门组成理想的组织矩阵。李想在第三季度财报会上表示，矩阵型组织管理模式的最大特点，就是可以保证企业全流程的质量管理，用一个例子来理解：“横向团队负责路径的规划、运营和修补，纵向团队的任务是造车、开车、运营车，高质量的道路配合高水平的车队，就可以在商业上产生良性循环”。在划分矩阵组织的同时，矩阵内部的管理流程也有章程，在未来3年，理想将逐步落地DSTE（从战略到执行）、IPD（集成产品开发）、IPMS（集成产品营销和销售）、ISC（集成供应链）、BT&IT、LTD、IFS这七个一级流程，形成理想矩阵组织的最小运营闭环。理想所采用的诸多管理流程，也在许多大公司身上可以找到影子。比如华为，就曾在业务开始腾飞的2000年前后，从IBM引进了DSTE、IPD、IPMS、ISC等一系列管理方法论。再回头看理想的这种矩阵化的组织形式，与前不久小鹏汽车的组织调整有一定的相似之处，都是通过横向矩阵组织划分职能板块，与纵向的业务线进行配合。不过，不同于小鹏的火线改革，理想这次的调整，是在小范围试点的经验上，再大规模铺开的。李想披露，早在两年前，理想内部就先用IPD进行产品开发，目前理想的第二代车型，包括L9、L8、L7等，都是这种集中产品开发流程的产品。从理想L9交付首月即破万的市场反馈来看，理想前期的试点确实取得了成效。所以在经过两年的小范围试点之后，理想终于在即将跨入2023年的时候，将组织改革大规模铺开。当然，理想组织调整的时机选择，并不仅仅是因为前期的试点取得成效，更重要的是，李想对于未来前景的乐观判断。李想认为，理想汽车到明年就会迈入年收入千亿级别的阶段。在这个阶段，理想已经走过了从0-1的阶段，进入到从1-10的阶段。在这个阶段中，任何糟糕的重大决策和低质量交付的产品，都会对公司造成毁灭性的打击。矩阵型组织全流程质量管理的特点，可以让理想避开成长过程中的坑。理想人事变动重点，技术派管理者掌舵在进行组织改革的同时，理想管理层也进行了一系列人事调整，据理想官方消息，此次调整主要涉及3位高管。理想汽车联合创始人、现任总裁沈亚楠首先是理想联合创始人兼现任总裁沈亚楠，将从明年1月1日起，卸任总裁职位，同时退出董事会。后续将加入流程变革委员会，在协助完成组织变革后，沈亚楠将彻底离开理想。事实上，作为理想的联创之一，沈亚楠离开理想的消息并不令人意外。今年9月初，沈亚楠在不到一周的时间里在港股两次抛售理想股票，合计减持股票100万股，持股比例从1.74%降至1.71%，合计套现近1亿元。虽然持股比例并没有减多少，但当时正处在理想ONE停产，8月份打骨折的交付数据披露的时间，且新产品理想L9才刚刚开启交付，市场表现还并不明朗的风口浪尖上。作为公司的二号人物，选择在这种敏感时机减持股票，不能不叫人多想。或许在那个时候，沈亚楠就已经做好了退出核心管理层，离开理想的打算。沈亚楠卸任，空缺出来的总裁职位，则是交给了理想另一位联合创始人，现任公司总工程师的马东辉，整体负责研发与供应群组，同时马东辉也进入了理想的董事会。据悉，在今年初理想原CTO王凯离职之后，马东辉同时还担起了CTO的职责，此次上任总裁后，CTO的职位就由原高级副总裁谢炎担任，并全权负责系统和计算群组的研发。除了职位上的调整，马东辉和谢炎两个人的背景，也值得梳理一下。理想汽车联合创始人、现任总工程师马东辉公开信息显示，马东辉，1999年毕业于武汉工业大学动力工程学专业，此后又在2003年取得上海大学机械制造与自动化专业硕士学位。自理想成立之初，马东辉就担任公司总工程师一职，主要负责理想汽车产品研发群组的工作，包括造型设计、整车电动、智能空间、智能驾驶、算力架构、研发运营等多个业务模块。在进入理想之前，马东辉曾担任三一重工车身有限公司研究所所长，拥有丰富的整车研发经验。理想汽车现任系统研发部负责人谢炎谢炎，于2001年获得浙江大学信息电子工程学士学位，2003年获得特拉华大学计算机工程硕士学位。在入职理想之前，谢炎曾担任阿里巴巴AliOS事业群担任首席架构师和轮值总经理，负责移动操作系统的技术架构设计，和研发管理工作。2019年，谢炎帝离开阿里后加入华为，负责华为鸿蒙操作系统的研发工作。纵观谢炎的学术背景和职业经历就能明白，此人在汽车软件底层操作系统方面经验丰富。一个是整车，一个是软件，虽然长处各不相同，但这次理想的人事调整反映出的一个共同点是，都是技术出身。也就是说，拥有供应链管理背景的沈亚楠离开之后，理想将由技术派来掌舵。这也意味着，理想的技术研发工作，将被放在一个前所未有的高度上。理想现在到未来相当长的一段时间内的研发布局，也在李想财报会上的发言中更加清晰。李想表示，目前理想的研发工作主要分为三个板块，其一是产品研发，也就是新车型的研发设计；其二是技术平台的研发，包含新一代增程电动平台、高压纯电平台、智能座舱平台、智能驾驶平台等；其三是底层系统的研发，这部分主要是底层软件的基础设施建设。在三大研发板块投入的优先度上，目前技术平台的资源投入最多，其次是车型和底层系统的研发。这样的研发布局逻辑符合当下理想的现状。其一，从产品角度看，现在的理想正处于产品矩阵急速扩张的状态，这也意味着，理想需要通过平台化来提高平台技术在不同车型上的复用率，提升开发效率。其二，理想目前正处于突入纯电动车领域的关键节点，将高压纯电平台研发提上优势位是必然的结果。根据计划，理想首款纯电动车将会在明年交付。这款纯电动车将会搭载800V高压纯电平台组件，包括功率芯片、功率模块、电控、电机、传动系统等等，都将由理想自研。同时理想此前还在招股书中表示，伴随着理想纯电动车的上市，公司也将自研自建高功率充电网络。对于靠增程起家壮大起来的理想，能否在纯电赛道上取得同样的市场认可和成就，第一款产品至关重要。不过李想也说，如果往长远看，底层系统的研发可能会超过车型的研发，在理想的规划中，这部分内容包括底层OS、超算平台、云服务、IT系统、计算平台支持等等，几乎囊括了汽车软件开发的所有。另外，就在今年5月，理想还成立了一家芯片设计公司，布局芯片板块。按照以上的安排，可以看出，理想的整个研发布局，其实可以分成两个阶段：首先，当下的目标是，在增程、纯电、座舱和智驾等4个领域，形成平台化复用的能力，并且最大程度上扩大自研的范围，提升理想垂直整合的能力。其次，在往后相当长的一段时间内，要在智能化上，构建起从硬件到软件底层架构，再到上层算法能力的全栈能力，将软件定义汽车的自主权掌握在手中。回顾理想一路走来，有销量奇迹，有产品口碑，但相比于蔚来和小鹏来说，也留下了技术投入不足的诟病。而随着理想体量的增长，研发上面落下的课，理想现在要全部补上，把蔚来和小鹏走的路再走一遍，甚至还想要走得更深更远。当然，蓝图的实现也伴随着真金白银的付出。在研发费用上，理想在近几个季度是肉眼可见的在增长。财报显示，理想的研发支出，在今年第一季度就超过了小鹏，到今年第三季度这个数据已经增长到18亿元，达到理想有史以来的最高点。如果不出意外，这个高点在之后也将会被不停刷新。据理想CFO李铁透露，理想在今年的研发支出约为70亿元，2023年，这个数字会进一步增长至100-120亿元。研发投入达最高点，四季度销量指引乐观最后，我们来看看理想今年第三季度的经营表现。财报显示，理想第三季度的营收规模为93.4亿元，同比增长20.2%，较上个季度增长7%。其中，汽车业务营收为90.5亿元，同比增加25%，环比增加6.6%。营收增长的原因是理想L9更高的平均售价所致。交付方面，第三季度，理想累计交付26524辆新车，较去年同期增长5.6%，环比上个季度减少8%。交付的下降主要是理想ONE在8月份大规模减产所致。不过从后续的交付趋势来看，理想的交付虽然在8月份打骨折，但也很平稳的完成了新旧产品的切换，后续的三个月中逐渐回归高位，到11月，理想以15034辆的交付成绩打破自己的月度交付记录。第三季度，理想销售成本为81.6亿元，较去年同期增加36.8%，环比第二季度增加19.1%。相比营收的增加幅度，理想销售成本出现了不成比例的大幅增长。理想表示，这主要是因为新产品理想L9的交付导致平均销售成本上升，再加上L8的推出导致了理想ONE的库存准备和采购承诺损失。由此，这也导致理想本季度的毛利率从上个季度的21.5%大幅下跌至12.7%，创下美股上市以来的最低点。费用支出方面，理想在这个季度的研发支出为18亿元，同比增长103%，环比上个季度增加17.8%。销售、一般和管理支出为15.1亿元，同比增长47.6%，环比增加13.8%。亏损方面，理想第三季度的净亏损为16.5亿元，环比增加157%，亏损的大幅度扩大。截至到今年第三季度末，理想的现金及现金等价物为558.3亿元，较上个季度末增加21.8亿元。以上，就是理想交出来的第三季度成绩单，有亮点，但受到理想ONE停产风波的影响，盈利能力的问题同样不小。不过，对于未来经营状况的指引，理想显然非常乐观。财报显示，理想今年第四季度的交付预期为4.5-4.8万辆，同期的营收规模将增加至165.1-176.1亿元。同时，随着L9和L8交付规模的进一步扩大，理想也给明年一个积极的预期，理想表示，到2023年，L9的稳态月交付量可以达到8000-11000辆，L8的稳态月销量为10000-14000辆。计算下来，理想在明年稳态月交付量就可以达到1.8-2.5万辆，再加上L7也将在不久之后投入交付，这个数据也有望进一步提升。这样来看，李想明年收入千亿的小目标，还真不是随便说说。","news_type":1,"symbols_score_info":{"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":1138,"au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like and comments thank you","listText":"Pls like and comments thank you","text":"Pls like and comments thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115944651","repostId":"2141004294","repostType":4,"repost":{"id":"2141004294","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":1622959849,"share":"https://ttm.financial/m/news/2141004294?lang=en_US&edition=fundamental","pubTime":"2021-06-06 14:10","market":"hk","language":"zh","title":"410 billion yuan! Can Ningde welcome the huge lifting of the ban in the era, and can it survive safely?","url":"https://stock-news.laohu8.com/highlight/detail?id=2141004294","media":"老虎资讯综合","summary":"近日，成立十年的宁德时代迎来了其发展中的一次里程碑式跨越。6月5日，宁德时代股份盘中一度达到439.5元/股的历史最高值，最终收盘于432.21元/股，市值再度突破万亿元。此前不久的5月31日，该公司","content":"<p>Recently, the ten-year-old CATL ushered in a milestone leap in its development.</p><p>On June 5th, CATL shares once reached a record high of 439.5 yuan/share, and finally closed at 432.21 yuan/share, and the market value once again exceeded one trillion yuan. Not long ago, on May 31st, the company's share price rose by more than 6%, and its market value exceeded one trillion yuan for the first time, becoming a new giant who joined the \"trillion\" market value club of A shares with the attribute of technology manufacturing.</p><p><img src=\"https://static.tigerbbs.com/fcb210468635fa704b49b71271c28929\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>However, just when the market \"clapped hands and celebrated\" for CATL, some people saw the \"bubble\".</p><p>On the same day, Morgan Stanley downgraded CATL to \"low-allocation\", with a target price of only 251 yuan, which is equivalent to a direct 40% discount to the current stock price of more than 400 yuan.</p><p>Coincidentally, as early as November 2020, Morgan Stanley downgraded the stock rating of CATL from overweight to equal weight. At that time, the reason given was that the medium-term prospect of new energy batteries had basically been reflected in the stock price, and whether global automobile factories could launch new models that were popular in the market might not be verified until next year.</p><p>Is it high or low? Can CATL, who stands on the top of the mountain, still chase after it? For investors, there are at least three hidden dangers to pay attention to.</p><p><b>/ 01 /</b></p><p><b>Profitability is in the downward channel</b></p><p>As the leader of the power battery industry, benefiting from the high prosperity of the industry, the market has given the head companies a higher valuation premium. Since its listing, CATL has enjoyed the treatment of being \"favored\" by institutions, and its share price has been rising.</p><p>It can be seen from the lengthening of the daily line that since it landed on the Growth Enterprise Market on June 11, 2018, as of June 4, 2021, the company's share price as a whole showed a rapid upward trend. Compared with the issue price of 25.14 yuan/share at the beginning of listing, the share price of CATL has increased by 1592% in the past three years.</p><p>However, behind the rising stock price, the profitability of CATL continues to decline.</p><p>In 2020, the company sold 44.45GWh of power battery systems, representing a year-on-year increase of 10.43%, and brought in revenue of 39.426 billion yuan, representing a year-on-year increase of 2.18%. The growth rate of revenue is less than the growth rate of sales volume, indicating that product prices are falling.</p><p>On the other hand, due to the increase in commodity prices since the second half of 2020, lithium carbonate and cobalt, among the main raw materials produced by CATL, have increased by more than 20%, and the pressure of cost control has increased.</p><p>Revenue rose slightly and costs increased greatly, which caused a certain squeeze on profits. In 2020, the gross profit margin of CATL was 27.76%, a decrease of 1.3 percentage points from 29.06% in 2019.</p><p>Node Finance consulted the financial report and found that this is not the first decline in gross profit margin in CATL. In fact, since its listing, the gross profit margin of CATL has been stuck in the downward channel.</p><p><img src=\"https://static.tigerbbs.com/221a2154223564669e02d5c5d597485c\" tg-width=\"550\" tg-height=\"392\" referrerpolicy=\"no-referrer\">Source: CATL Financial Report, Oriental Fortune choice</p><p>As shown in the chart above, from 2016 to 2020, the company's gross profit margin decreased from 43.7% to 27.76%, earning 15.94 percentage points less in five years. Compared with the pre-listing state, from 2014 to 2016, the company's gross profit margin increased from 25.73% to 43.7%, and its profitability was obviously differentiated before and after listing.</p><p>In this regard, CATL also stated in its financial report that if the market competition intensifies in the future or industry policy adjustments and other factors cause adverse changes in the selling price of the company's products and the purchasing price of raw materials, the company's gross profit margin is at risk of declining.</p><p>In the first quarter of 2021, the gross profit margin of the Company was 27.28%, representing an increase of 2.19 percentage points over the same period of last year, which has not yet recovered to the level of gross profit margin in the first quarter of 2019 before the outbreak of the epidemic, and decreased by 1.08 percentage points quarter-on-quarter.</p><p>At the same time, the Company's ability to return to shareholders weakened, and its weighted return on net assets (ROE) decreased from 69.55% in 2016 to 11.27% in 2020.</p><p>However, this does not seem to affect the capital market's pursuit of CATL, and the valuation is like a wild horse galloping all the way.</p><p><b>/ 02 /</b></p><p><b>Valuation \"Galloping\"</b></p><p>According to the net profit of 1.954 billion yuan in the first quarter of this year, the corresponding rolling P/E of CATL is 149 times, which is at the highest value in history; According to the net profit of 5.583 billion yuan in 2020, the static P/E corresponding to CATL is 179 times, which is also at the highest value in history.</p><p>Even according to the consensus performance forecast given by brokers, the company's net profit in 2023 is expected to be 20 billion, corresponding to 51 times the P/E ratio, which is still a value within the 5-year valuation center range.</p><p>Combined with the performance, from 2016 to 2020, in five years, the net profit of CATL increased less than double from 2.852 billion yuan to 5.583 billion yuan, and P/E increased nearly seven times from about 23 times to 179 times at the beginning of listing. Obviously, the valuation runs faster, or it is possible to consume the valuation in advance.</p><p>In 2020, the company's net profit increased by only 22.43% year-on-year. However, catching Tesla's \"ride\", superimposing the release of medium-and long-term plans for the new energy industry, the concept of carbon neutrality, etc., its share price soared from more than 100 yuan to more than 350 yuan during the year, an increase of more than 200%.</p><p>Compared with peers, the valuation of CATL is not cheap. Take the old rival BYD as an example. In 2020, the net profit was 4.234 billion yuan, the market value was about 530 billion yuan, and the static P/E was 125 times, which was significantly lower than that of CATL; Look at Panasonic again. In 2020, the net profit is equivalent to about RMB 10.27 billion, and the static P/E is 22 times. Compared with CATL, it is really low as dust.</p><p>What's more, even if the three main car manufacturers with the highest A-share market value at present, BYD, Great Wall Motor and SAIC, have a total market value of 1,088.1 billion yuan, CATL has created a market value of trillion yuan by one person, which is quite tough.</p><p>Node Finance believes that because the new energy industry is in the growth stage, the scale expansion advantage of CATL with its leading position is easier to highlight the market share agglomeration effect, resulting in the development space being seen far and long.</p><p>According to the statistics of SNEResearch, a South Korean research organization, from January to April this year, the global sales of electric vehicle batteries were 65.9Gwh, of which CATL accounted for 32.5%.</p><p>However, as a bulk consumer goods, automobiles have the characteristics of low consumption frequency and non-rigid demand, which determines to a certain extent that the industry enters the mature stage faster than general consumer goods such as mobile phones and home appliances, and the demand increment is limited. With the slowdown of the growth rate of industrial chain shipments, how much valuation space can be overdrawn in CATL?</p><p>Recently, Shanghai Securities and Caixin Securities both gave CATL the rating of \"cautious overweight\" or \"cautious recommendation\".</p><p><b>/ 03 /</b></p><p><b>The upcoming tide of lifting the ban</b></p><p>For short-term investors, the wave of lifting the ban that CATL will usher in on June 10th needs to be particularly vigilant.</p><p>Up to now, the share price of CATL is 432.21 yuan/share, with a total market value of 1006.8 billion yuan, making it the first trillion-dollar stock on GEM. The market value of 411.629 billion yuan accounts for 40.88% of the total market value of CATL. After the ban is lifted next week, the circulation of CATL will increase by 70.18%.</p><p>The shares lifted by CATL on June 10th came from five shareholders, namely Ruiting Investment, Huang Shilin, Li Ping, Dongpeng Weichuang Investment, Lvlianjun and Industrial M&A Equity Investment Fund Partnership. As of the end of the first quarter of 2021, Ruiting Investment, Huang Shilin and Li Ping were the first, second and fifth largest shareholders of CATL respectively. Among the five shareholders who will be lifted by CATL next week, the market value of Ruiting Investment will reach 247 billion yuan, that of Huang Shilin will reach 112.764 billion yuan, that of Li Ping will reach 48.386 billion yuan, and that of the other two shareholders will reach less than 2 billion yuan.</p><p>Ruiting Investment is the controlling shareholder of CATL, which is 100% controlled by Zeng Yuqun, the founder and chairman of CATL. Huang Shilin and Li Ping are the co-founders and vice chairmen of CATL, among which Li Ping and Zeng Yuqun are acting in concert.</p><p><b>Details of CATL lifting ban</b></p><p><img src=\"https://static.tigerbbs.com/da24316a386ec8301036b6c656dfc6e0\" tg-width=\"1024\" tg-height=\"281\" referrerpolicy=\"no-referrer\">Generally speaking, lifting the ban will form the expectation of shareholders to reduce their holdings, forcing the stock price on the disk to be under short-term pressure, which is a major negative for retail investors.</p><p>Then, under the huge lifting of the ban, can CATL stand firm at the barrier of trillion market value?</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>410 billion yuan! Can Ningde welcome the huge lifting of the ban in the era, and can it survive safely?</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\">\n410 billion yuan! Can Ningde welcome the huge lifting of the ban in the era, and can it survive safely?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-06 14:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Recently, the ten-year-old CATL ushered in a milestone leap in its development.</p><p>On June 5th, CATL shares once reached a record high of 439.5 yuan/share, and finally closed at 432.21 yuan/share, and the market value once again exceeded one trillion yuan. Not long ago, on May 31st, the company's share price rose by more than 6%, and its market value exceeded one trillion yuan for the first time, becoming a new giant who joined the \"trillion\" market value club of A shares with the attribute of technology manufacturing.</p><p><img src=\"https://static.tigerbbs.com/fcb210468635fa704b49b71271c28929\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>However, just when the market \"clapped hands and celebrated\" for CATL, some people saw the \"bubble\".</p><p>On the same day, Morgan Stanley downgraded CATL to \"low-allocation\", with a target price of only 251 yuan, which is equivalent to a direct 40% discount to the current stock price of more than 400 yuan.</p><p>Coincidentally, as early as November 2020, Morgan Stanley downgraded the stock rating of CATL from overweight to equal weight. At that time, the reason given was that the medium-term prospect of new energy batteries had basically been reflected in the stock price, and whether global automobile factories could launch new models that were popular in the market might not be verified until next year.</p><p>Is it high or low? Can CATL, who stands on the top of the mountain, still chase after it? For investors, there are at least three hidden dangers to pay attention to.</p><p><b>/ 01 /</b></p><p><b>Profitability is in the downward channel</b></p><p>As the leader of the power battery industry, benefiting from the high prosperity of the industry, the market has given the head companies a higher valuation premium. Since its listing, CATL has enjoyed the treatment of being \"favored\" by institutions, and its share price has been rising.</p><p>It can be seen from the lengthening of the daily line that since it landed on the Growth Enterprise Market on June 11, 2018, as of June 4, 2021, the company's share price as a whole showed a rapid upward trend. Compared with the issue price of 25.14 yuan/share at the beginning of listing, the share price of CATL has increased by 1592% in the past three years.</p><p>However, behind the rising stock price, the profitability of CATL continues to decline.</p><p>In 2020, the company sold 44.45GWh of power battery systems, representing a year-on-year increase of 10.43%, and brought in revenue of 39.426 billion yuan, representing a year-on-year increase of 2.18%. The growth rate of revenue is less than the growth rate of sales volume, indicating that product prices are falling.</p><p>On the other hand, due to the increase in commodity prices since the second half of 2020, lithium carbonate and cobalt, among the main raw materials produced by CATL, have increased by more than 20%, and the pressure of cost control has increased.</p><p>Revenue rose slightly and costs increased greatly, which caused a certain squeeze on profits. In 2020, the gross profit margin of CATL was 27.76%, a decrease of 1.3 percentage points from 29.06% in 2019.</p><p>Node Finance consulted the financial report and found that this is not the first decline in gross profit margin in CATL. In fact, since its listing, the gross profit margin of CATL has been stuck in the downward channel.</p><p><img src=\"https://static.tigerbbs.com/221a2154223564669e02d5c5d597485c\" tg-width=\"550\" tg-height=\"392\" referrerpolicy=\"no-referrer\">Source: CATL Financial Report, Oriental Fortune choice</p><p>As shown in the chart above, from 2016 to 2020, the company's gross profit margin decreased from 43.7% to 27.76%, earning 15.94 percentage points less in five years. Compared with the pre-listing state, from 2014 to 2016, the company's gross profit margin increased from 25.73% to 43.7%, and its profitability was obviously differentiated before and after listing.</p><p>In this regard, CATL also stated in its financial report that if the market competition intensifies in the future or industry policy adjustments and other factors cause adverse changes in the selling price of the company's products and the purchasing price of raw materials, the company's gross profit margin is at risk of declining.</p><p>In the first quarter of 2021, the gross profit margin of the Company was 27.28%, representing an increase of 2.19 percentage points over the same period of last year, which has not yet recovered to the level of gross profit margin in the first quarter of 2019 before the outbreak of the epidemic, and decreased by 1.08 percentage points quarter-on-quarter.</p><p>At the same time, the Company's ability to return to shareholders weakened, and its weighted return on net assets (ROE) decreased from 69.55% in 2016 to 11.27% in 2020.</p><p>However, this does not seem to affect the capital market's pursuit of CATL, and the valuation is like a wild horse galloping all the way.</p><p><b>/ 02 /</b></p><p><b>Valuation \"Galloping\"</b></p><p>According to the net profit of 1.954 billion yuan in the first quarter of this year, the corresponding rolling P/E of CATL is 149 times, which is at the highest value in history; According to the net profit of 5.583 billion yuan in 2020, the static P/E corresponding to CATL is 179 times, which is also at the highest value in history.</p><p>Even according to the consensus performance forecast given by brokers, the company's net profit in 2023 is expected to be 20 billion, corresponding to 51 times the P/E ratio, which is still a value within the 5-year valuation center range.</p><p>Combined with the performance, from 2016 to 2020, in five years, the net profit of CATL increased less than double from 2.852 billion yuan to 5.583 billion yuan, and P/E increased nearly seven times from about 23 times to 179 times at the beginning of listing. Obviously, the valuation runs faster, or it is possible to consume the valuation in advance.</p><p>In 2020, the company's net profit increased by only 22.43% year-on-year. However, catching Tesla's \"ride\", superimposing the release of medium-and long-term plans for the new energy industry, the concept of carbon neutrality, etc., its share price soared from more than 100 yuan to more than 350 yuan during the year, an increase of more than 200%.</p><p>Compared with peers, the valuation of CATL is not cheap. Take the old rival BYD as an example. In 2020, the net profit was 4.234 billion yuan, the market value was about 530 billion yuan, and the static P/E was 125 times, which was significantly lower than that of CATL; Look at Panasonic again. In 2020, the net profit is equivalent to about RMB 10.27 billion, and the static P/E is 22 times. Compared with CATL, it is really low as dust.</p><p>What's more, even if the three main car manufacturers with the highest A-share market value at present, BYD, Great Wall Motor and SAIC, have a total market value of 1,088.1 billion yuan, CATL has created a market value of trillion yuan by one person, which is quite tough.</p><p>Node Finance believes that because the new energy industry is in the growth stage, the scale expansion advantage of CATL with its leading position is easier to highlight the market share agglomeration effect, resulting in the development space being seen far and long.</p><p>According to the statistics of SNEResearch, a South Korean research organization, from January to April this year, the global sales of electric vehicle batteries were 65.9Gwh, of which CATL accounted for 32.5%.</p><p>However, as a bulk consumer goods, automobiles have the characteristics of low consumption frequency and non-rigid demand, which determines to a certain extent that the industry enters the mature stage faster than general consumer goods such as mobile phones and home appliances, and the demand increment is limited. With the slowdown of the growth rate of industrial chain shipments, how much valuation space can be overdrawn in CATL?</p><p>Recently, Shanghai Securities and Caixin Securities both gave CATL the rating of \"cautious overweight\" or \"cautious recommendation\".</p><p><b>/ 03 /</b></p><p><b>The upcoming tide of lifting the ban</b></p><p>For short-term investors, the wave of lifting the ban that CATL will usher in on June 10th needs to be particularly vigilant.</p><p>Up to now, the share price of CATL is 432.21 yuan/share, with a total market value of 1006.8 billion yuan, making it the first trillion-dollar stock on GEM. The market value of 411.629 billion yuan accounts for 40.88% of the total market value of CATL. After the ban is lifted next week, the circulation of CATL will increase by 70.18%.</p><p>The shares lifted by CATL on June 10th came from five shareholders, namely Ruiting Investment, Huang Shilin, Li Ping, Dongpeng Weichuang Investment, Lvlianjun and Industrial M&A Equity Investment Fund Partnership. As of the end of the first quarter of 2021, Ruiting Investment, Huang Shilin and Li Ping were the first, second and fifth largest shareholders of CATL respectively. Among the five shareholders who will be lifted by CATL next week, the market value of Ruiting Investment will reach 247 billion yuan, that of Huang Shilin will reach 112.764 billion yuan, that of Li Ping will reach 48.386 billion yuan, and that of the other two shareholders will reach less than 2 billion yuan.</p><p>Ruiting Investment is the controlling shareholder of CATL, which is 100% controlled by Zeng Yuqun, the founder and chairman of CATL. Huang Shilin and Li Ping are the co-founders and vice chairmen of CATL, among which Li Ping and Zeng Yuqun are acting in concert.</p><p><b>Details of CATL lifting ban</b></p><p><img src=\"https://static.tigerbbs.com/da24316a386ec8301036b6c656dfc6e0\" tg-width=\"1024\" tg-height=\"281\" referrerpolicy=\"no-referrer\">Generally speaking, lifting the ban will form the expectation of shareholders to reduce their holdings, forcing the stock price on the disk to be under short-term pressure, which is a major negative for retail investors.</p><p>Then, under the huge lifting of the ban, can CATL stand firm at the barrier of trillion market value?</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/0a520115dfc7edeb93cc3cdf6a15df14","relate_stocks":{"300750":"宁德时代"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141004294","content_text":"近日，成立十年的宁德时代迎来了其发展中的一次里程碑式跨越。6月5日，宁德时代股份盘中一度达到439.5元/股的历史最高值，最终收盘于432.21元/股，市值再度突破万亿元。此前不久的5月31日，该公司股价放量大涨超过6％，市值首次破万亿，成为以科技制造业属性跻身A股“万亿”市值俱乐部的新巨头。不过，就在市场为宁德时代“拍手庆贺”的空档，有人却看到了“泡沫”。同一天，摩根士丹利将宁德时代评级下调至“低配”，目标价仅为251元，相当于给目前400多元的股价直接打了六折。无独有偶，早在2020年11月，大摩就曾将宁德时代的股票评级从超配下调至平配，当时给出的理由是，新能源电池的中期前景已基本反应在股价中，而且全球的汽车厂能否推出受市场欢迎的新车型情况可能要到明年才能被验证。究竟是高了还是低了？站上“山顶”的宁德时代还能不能追？对于投资者来说，至少有三重隐患是需要关注的。/ 01 /盈利能力处在下行通道作为动力电池行业的龙头，受益于行业景气度高，市场给予头部公司较高的估值溢价，宁德时代自上市以来便享受到了被机构“团宠”的待遇，簇拥其股价不断上扬。拉长日线可见，从2018年6月11日登陆创业板开始，截止2021年6月4日，公司股价整体呈快速上升趋势。相较上市之初25.14元/股的发行价，宁德时代近三年的股价涨幅达到1592%。但在股价节节走高的背后，宁德时代的盈利能力却在持续下滑。2020年，公司销售动力电池系统44.45GWh，同比增长10.43%，带来收入394.26亿元，同比增长2.18%。收入增速不及销量增速，说明产品价格在下降。另一边，囿于2020年下半年以来大宗商品涨价，宁德时代主要生产原材料中碳酸锂及钴涨幅都超过20%，成本控制压力加大。收入微涨，成本大增，对利润造成一定挤压，2020年宁德时代的毛利率为27.76%，同比2019年的29.06%减少1.3个百分点。节点财经查阅财报发现，这并不是宁德时代毛利率初次下滑。事实上，自上市后，宁德时代的毛利率便一直停留在下行通道。数据来源：宁德时代财报、东方财富choice如上图所示，2016年至2020年，公司毛利率从43.7%下降至27.76%，五年少赚15.94个百分点。对比上市前的状态，2014年至2016年，公司毛利率从25.73%提升到43.7%，其盈利能力在上市前后分化明显。对此，宁德时代也在财报中表示，若未来市场竞争加剧或行业政策调整等因素使得公司产品售价及原材料采购价格发生不利变化，公司毛利率存在下降的风险。2021年一季度，公司毛利率为27.28%，较上年同期增加2.19个百分点，尚未恢复到疫情发生前2019年一季度毛利率水平，环比则减少1.08个百分点。于此同时，公司对股东的回报能力趋弱，其加权净资产收益率（ROE）从2016年的69.55%下降至2020年11.27%。不过，这似乎都没有影响到资本市场对宁德时代的追捧，估值如脱缰的野马一路飞奔。/ 02 /估值“策马狂奔”按照今年一季度净利润19.54亿元计算，宁德时代对应的滚动市盈率为149倍，处于历史最高值；按照2020年净利润55.83亿元计算，宁德时代对应的静态市盈率为179倍，同样处于历史最高值。即使按照券商给出的一致业绩预测，公司2023年净利润预计为200亿，对应51倍市盈率，这仍是一个处在5年估值中枢区间内的数值。结合业绩，2016年-2020年，五年时间，宁德时代净利润从28.52亿元到55.83亿元，涨了不到1 倍，市盈率从上市之初约23倍到179倍，涨了接近7倍，显然估值跑的更快，或者说有提前消耗估值的可能。2020年，公司净利润同比增速不过22.43%，但搭上特斯拉的“顺风车”，叠加新能源产业中长期规划发布，碳中和概念等，其年内股价从100多元狂飙到350多元，涨幅超过200%。对比同行，宁德时代的估值更是不便宜。就拿老对手比亚迪来说，2020年净利润42.34亿元，市值约5300亿元，静态市盈率125倍，显著低于宁德时代；再看看松下，2020年净利润折合人民币约102.7亿元，静态市盈率22倍，和宁德时代一比，真的要低到尘埃里了。更甚者，就算拉来目前A股市值最高的三大主车厂，比亚迪、长城汽车和上汽集团，三者合计市值10881亿元，宁德时代以一人之力创出万亿市值，相当彪悍。节点财经认为，由于新能源行业正处在成长期，宁德时代以龙头地位下的规模扩张优势，较容易凸显出市占率聚集效应，导致发展空间被看远、看久。韩国研究机构SNEResearch统计，今年1-4月，全球电动汽车电池销量65.9Gwh，其中宁德时代占有32.5%的份额。然而，作为大宗消费品，汽车具有消费频次低，非刚需等特点，这又在一定程度上决定了该行业进入成熟期的速度要快于手机、家电等一般消费品，且需求增量有限，随着产业链出货量增速放缓，宁德时代还有多少估值空间可以透支？近期，上海证券、财信证券均给予宁德时代“谨慎增持”或“谨慎推荐”评级。/ 03 /即将到来的解禁潮对短期投资者来说，宁德时代即将于6月10日迎来的一波解禁巨浪是需要特别警惕的。截至目前，宁德时代股价为432.21元/股，总市值为10068亿元，为创业板首只万亿市值个股。4116.29亿元的解禁市值占宁德时代总市值的40.88%，下周解禁后，宁德时代流通盘将大增70.18%。宁德时代6月10日解禁的股份来自于5名股东，分别为瑞庭投资、黄世霖、李平、东鹏伟创投资、绿联君和产业并购股权投资基金合伙企业，截至2021年一季度末，瑞庭投资、黄世霖、李平分列宁德时代第一、第二、第五大股东。在宁德时代下周解禁的5个股东中，瑞庭投资解禁市值达2470亿元，黄世霖解禁市值达1127.64亿元，李平解禁市值达483.86亿元，其他两名股东解禁市值不足20亿元。瑞庭投资为宁德时代控股股东，由宁德时代创始人、董事长曾毓群100%控股，黄世霖、李平为宁德时代联合创始人、副董事长，其中李平和曾毓群为一致行动人。宁德时代解禁详细信息一般来说，解禁会形成股东减持预期，迫使盘面股价短期承压，属于对散户们的重大利空。那么，巨量解禁之下，宁德时代在万亿市值的关口能够站得稳吗？","news_type":1,"symbols_score_info":{"300750":0.9}},"isVote":1,"tweetType":1,"viewCount":1259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}