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yesssuu
2021-06-18
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yesssuu
2021-06-10
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yesssuu
2021-06-09
wowww
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yesssuu
2021-06-08
$Adobe(ADBE)$
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yesssuu
2021-06-07
nice
Nio Begins Prepping For Nio Day 2021: What We Know So Far
yesssuu
2021-06-06
good
Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.
yesssuu
2021-06-02
nice
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yesssuu
2021-06-01
interesting
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yesssuu
2021-05-31
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yesssuu
2021-05-30
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yesssuu
2021-05-27
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yesssuu
2021-05-25
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yesssuu
2021-05-25
interesting
China's blue-chips see best day in 11 months on easing inflation fears, stronger yuan
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href=\"https://laohu8.com/S/ADBE\">$Adobe(ADBE)$</a>nice","listText":"<a href=\"https://laohu8.com/S/ADBE\">$Adobe(ADBE)$</a>nice","text":"$Adobe(ADBE)$nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114543921","isVote":1,"tweetType":1,"viewCount":2206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115216617,"gmtCreate":1622998658239,"gmtModify":1704194204609,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584427150211262","authorIdStr":"3584427150211262"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115216617","repostId":"1156802172","repostType":4,"repost":{"id":"1156802172","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622950106,"share":"https://ttm.financial/m/news/1156802172?lang=en_US&edition=fundamental","pubTime":"2021-06-06 11:28","market":"us","language":"en","title":"Nio Begins Prepping For Nio Day 2021: What We Know So Far","url":"https://stock-news.laohu8.com/highlight/detail?id=1156802172","media":"Benzinga","summary":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day ","content":"<p>The catalyst that drove <b>NIO Inc.</b> shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as explained by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates a potential host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</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>Nio Begins Prepping For Nio Day 2021: What We Know So Far</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\">\nNio Begins Prepping For Nio Day 2021: What We Know So Far\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-06 11:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The catalyst that drove <b>NIO Inc.</b> shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as explained by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates a potential host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156802172","content_text":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.\nAgainst this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.\nWhat Happened:Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.\nThe bidding process as explained by CnEVPost is as follows:\nThe applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.\nNio mandates a potential host city should not have hosted Nio Day in the past eight years.\nThe city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.\nThe company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.\nFollowing the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.\nWhy It's Important:Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.\nNio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.\nSeveral rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.\nWith the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.\nNio users may also look ahead to more details on the company's recent expansion into Norway.\nAt last check Friday at publication, Nio shares were rallying 2.54% to $41.94.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3034,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112707872,"gmtCreate":1622914891296,"gmtModify":1704193234954,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584427150211262","authorIdStr":"3584427150211262"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112707872","repostId":"1114675600","repostType":4,"repost":{"id":"1114675600","kind":"news","pubTimestamp":1622859189,"share":"https://ttm.financial/m/news/1114675600?lang=en_US&edition=fundamental","pubTime":"2021-06-05 10:13","market":"us","language":"en","title":"Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.","url":"https://stock-news.laohu8.com/highlight/detail?id=1114675600","media":"Barrons","summary":"It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ","content":"<p>It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.</p>\n<p>It all started with GameStop (ticker: GME) in January;since then, retail traders on Reddit message boards have collaborated to push share prices higher for several small-company stocks. These companies—such as Express(EXPR),BlackBerry(BB),Bed Bath & Beyond(BBBY),and others—aren’t any more profitable or otherwise more attractive based on fundamentals. Investors left owning the stock after the initial promoters of the shares sell their stakes often end up with a losing investment.</p>\n<p>Small-cap fund managers, for the most part, have avoided these stocks. “Oftentimes, [meme stocks] do not meet our criteria,” says Jamie Cuellar, manager of the $1.2 billion Buffalo Small Capfund (BUFSX). “And we do not change our investment process if the market is rewarding meme stocks.” Chris Retzer, manager of the $228 million Needham Small Cap Growthfund (NESGX), says the same: “We would not chase those names based on our fundamental viewpoints.”</p>\n<p>That’s good news for investors, though a challenging stance for fund managers. Shares of AMC Entertainment Holdings (AMC)—the latest leader of meme stocks—surged 418% from May 21 to this past Wednesday, before falling 23% as of Friday’s close. At its peak, the stock became the largest member of the Russell 2000 index—the benchmark against which many small-cap funds are measured—with a market value of $28 billion.GameStop was the third largest member. While each stock makes up less than 1% of the index, their wild surge means that they’ve contributed the most to the small-cap benchmark’s recent gains.</p>\n<p><img src=\"https://static.tigerbbs.com/8f4862424d8d1aacb204de9fce666d5e\" tg-width=\"953\" tg-height=\"651\"></p>\n<p>“I can imagine there are many small-cap active managers right now very frustrated by what they’re seeing,” says Ben Johnson, director of global ETF research for Morningstar. In the first five months of 2021, he says, not owning GameStop, or owning less than the benchmark, has been the biggest performance detractor for small-cap value funds. (Because meme stocks are generally of battered companies, they are usually found in the value index.)</p>\n<p>Fund investors, however, should be wary of attributing too much over- or underperformance to whether or not a fund owns meme stocks. Sure, it can be marginally more difficult to beat the benchmark when meme stocks are on a tear. But they don’t have as much influence as many investors think: The Russell 2000 has gained 16% so far this year; AMC and GameStop combined contributed just 1.3 percentage points to that rise. That’s still a high hurdle for active managers to beat. Similarly, when meme stocks drop, it can make benchmark-beating gains look more impressive. Ultimately, the bigger issue is not the performance of meme stocks; it’s that their volatility makes evaluating the performance of funds difficult.</p>\n<p><img src=\"https://static.tigerbbs.com/b00008b77302ea5d4f8f76370c5612b8\" tg-width=\"964\" tg-height=\"593\"></p>\n<p>What’s more, the Russell 2000 will make its annual reconstitution at the end of June. If AMC and GameStop remain at their current levels, they’ll likely move from the small-cap index into the large-cap Russell 1000. That means if, or when, they tumble again, the drawdown will affect the large-cap index, not the small-cap benchmark.</p>\n<p>“Small-cap managers who are underweight these names are forced into a difficult near-term choice,” wrote Wells Fargo analyst Chris Harvey in a Friday note. “Either add these names before the rebalance to limit relative-performance risk, or cross fingers and hope their prices fall before they are graduated out, i.e., before the underperformance is locked in.”</p>\n<p>Some active funds, including the $4.3 billion BlackRock Advantage Small Cap Corefund (BDSAX), have added AMC and GameStop shares this year. The fund, however, has more than 800 holdings, and those two make up less than 0.3% of its portfolio.</p>\n<p>Many active managers say they’re not too concerned about lagging behind the benchmark due to a lack of meme stocks. For starters, while these small stocks are making big moves and getting a lot of media attention, those moves ultimately have little real effect on the broad universe of small companies. “Meme stocks have minimal impact on long-term small-cap investors who focus on fundamental results,” says Needham’s Retzer. Are his clients concerned? “It’s not even a topic,” he says.</p>\n<p>“People hire discretionary managers to use their discretion,” says Morningstar’s Johnson. “I would think they’d want the managers to stick to their guns and keep their cool through the environments we’re living through now.”</p>\n<p>Fund investors should evaluate funds’ performance relative to other, similar funds, rather than their performance relative to the Russell 2000 benchmark. It’s also important to take a look at funds’ risk-adjusted returns—even if a fund does well owning meme stocks, those returns come with more inherent risk, and it’s important to know that a manager is willing to make momentum bets. If you’re an investor focused on owning good companies that do well because their businesses are growing, it might be OK to underperform the benchmark while the meme market rules.</p>\n<p>This is not to say that active managers should always avoid meme stocks. While meme stocks’ rise is mostly driven by social-media hype rather than genuine fundamental improvements, the rally itself has led to changes that might help these struggling firms turn around. AMC, for one, has been raising money by selling new shares, which could be used to repay debt, acquire rivals, or invest in new growth opportunities.</p>\n<p>The long-term implication of these moves has yet to be determined, says Retzer, but it’s certainly worth monitoring. “What they do with that cash will determine whether these valuation can be supported,” he says. “But under current fundamental analysis, it would be a struggle to view these stocks as value investments right now.”</p>","source":"lsy1601382232898","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>Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.</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\">\nFund Managers Are Ignoring Meme Stocks. That’s a Good Thing.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 10:13 GMT+8 <a href=https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.\nIt all started with GameStop (ticker: GME) in January;since then, retail traders on ...</p>\n\n<a href=\"https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","GME":"游戏驿站",".DJI":"道琼斯","BB":"黑莓","BBBY":"Bed Bath & Beyond, Inc.","EXPR":"Express, Inc.",".IXIC":"NASDAQ Composite","AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114675600","content_text":"It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.\nIt all started with GameStop (ticker: GME) in January;since then, retail traders on Reddit message boards have collaborated to push share prices higher for several small-company stocks. These companies—such as Express(EXPR),BlackBerry(BB),Bed Bath & Beyond(BBBY),and others—aren’t any more profitable or otherwise more attractive based on fundamentals. Investors left owning the stock after the initial promoters of the shares sell their stakes often end up with a losing investment.\nSmall-cap fund managers, for the most part, have avoided these stocks. “Oftentimes, [meme stocks] do not meet our criteria,” says Jamie Cuellar, manager of the $1.2 billion Buffalo Small Capfund (BUFSX). “And we do not change our investment process if the market is rewarding meme stocks.” Chris Retzer, manager of the $228 million Needham Small Cap Growthfund (NESGX), says the same: “We would not chase those names based on our fundamental viewpoints.”\nThat’s good news for investors, though a challenging stance for fund managers. Shares of AMC Entertainment Holdings (AMC)—the latest leader of meme stocks—surged 418% from May 21 to this past Wednesday, before falling 23% as of Friday’s close. At its peak, the stock became the largest member of the Russell 2000 index—the benchmark against which many small-cap funds are measured—with a market value of $28 billion.GameStop was the third largest member. While each stock makes up less than 1% of the index, their wild surge means that they’ve contributed the most to the small-cap benchmark’s recent gains.\n\n“I can imagine there are many small-cap active managers right now very frustrated by what they’re seeing,” says Ben Johnson, director of global ETF research for Morningstar. In the first five months of 2021, he says, not owning GameStop, or owning less than the benchmark, has been the biggest performance detractor for small-cap value funds. (Because meme stocks are generally of battered companies, they are usually found in the value index.)\nFund investors, however, should be wary of attributing too much over- or underperformance to whether or not a fund owns meme stocks. Sure, it can be marginally more difficult to beat the benchmark when meme stocks are on a tear. But they don’t have as much influence as many investors think: The Russell 2000 has gained 16% so far this year; AMC and GameStop combined contributed just 1.3 percentage points to that rise. That’s still a high hurdle for active managers to beat. Similarly, when meme stocks drop, it can make benchmark-beating gains look more impressive. Ultimately, the bigger issue is not the performance of meme stocks; it’s that their volatility makes evaluating the performance of funds difficult.\n\nWhat’s more, the Russell 2000 will make its annual reconstitution at the end of June. If AMC and GameStop remain at their current levels, they’ll likely move from the small-cap index into the large-cap Russell 1000. That means if, or when, they tumble again, the drawdown will affect the large-cap index, not the small-cap benchmark.\n“Small-cap managers who are underweight these names are forced into a difficult near-term choice,” wrote Wells Fargo analyst Chris Harvey in a Friday note. “Either add these names before the rebalance to limit relative-performance risk, or cross fingers and hope their prices fall before they are graduated out, i.e., before the underperformance is locked in.”\nSome active funds, including the $4.3 billion BlackRock Advantage Small Cap Corefund (BDSAX), have added AMC and GameStop shares this year. The fund, however, has more than 800 holdings, and those two make up less than 0.3% of its portfolio.\nMany active managers say they’re not too concerned about lagging behind the benchmark due to a lack of meme stocks. For starters, while these small stocks are making big moves and getting a lot of media attention, those moves ultimately have little real effect on the broad universe of small companies. “Meme stocks have minimal impact on long-term small-cap investors who focus on fundamental results,” says Needham’s Retzer. Are his clients concerned? “It’s not even a topic,” he says.\n“People hire discretionary managers to use their discretion,” says Morningstar’s Johnson. “I would think they’d want the managers to stick to their guns and keep their cool through the environments we’re living through now.”\nFund investors should evaluate funds’ performance relative to other, similar funds, rather than their performance relative to the Russell 2000 benchmark. It’s also important to take a look at funds’ risk-adjusted returns—even if a fund does well owning meme stocks, those returns come with more inherent risk, and it’s important to know that a manager is willing to make momentum bets. If you’re an investor focused on owning good companies that do well because their businesses are growing, it might be OK to underperform the benchmark while the meme market rules.\nThis is not to say that active managers should always avoid meme stocks. While meme stocks’ rise is mostly driven by social-media hype rather than genuine fundamental improvements, the rally itself has led to changes that might help these struggling firms turn around. AMC, for one, has been raising money by selling new shares, which could be used to repay debt, acquire rivals, or invest in new growth opportunities.\nThe long-term implication of these moves has yet to be determined, says Retzer, but it’s certainly worth monitoring. “What they do with that cash will determine whether these valuation can be supported,” he says. “But under current fundamental analysis, it would be a struggle to view these stocks as value investments right now.”","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,"AMC":0.9,".IXIC":0.9,"EXPR":0.9,"BB":0.9,"GME":0.9,"RTYmain":0.9,"BBBY":0.9}},"isVote":1,"tweetType":1,"viewCount":2282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119758173,"gmtCreate":1622568161492,"gmtModify":1704186535812,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584427150211262","authorIdStr":"3584427150211262"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/119758173","repostId":"2140249804","repostType":4,"isVote":1,"tweetType":1,"viewCount":3020,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110436103,"gmtCreate":1622478291802,"gmtModify":1704184962005,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584427150211262","authorIdStr":"3584427150211262"},"themes":[],"htmlText":"interesting 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","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/132787341","repostId":"2138111825","repostType":4,"isVote":1,"tweetType":1,"viewCount":839,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581064561151865","authorId":"3581064561151865","name":"jiaxinn","avatar":"https://static.tigerbbs.com/2ecddbc051d92ef98a3d39070110ff97","crmLevel":11,"crmLevelSwitch":0,"idStr":"3581064561151865","authorIdStr":"3581064561151865"},"content":"Comment and like plS","text":"Comment and like plS","html":"Comment and like plS"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138875984,"gmtCreate":1621930797748,"gmtModify":1704364634391,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584427150211262","authorIdStr":"3584427150211262"},"themes":[],"htmlText":"interesting ","listText":"interesting ","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138875984","repostId":"1156029510","repostType":4,"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138876039,"gmtCreate":1621930677321,"gmtModify":1704364631961,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584427150211262","authorIdStr":"3584427150211262"},"themes":[],"htmlText":"interesting","listText":"interesting","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/138876039","repostId":"2138165146","repostType":4,"repost":{"id":"2138165146","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1621929400,"share":"https://ttm.financial/m/news/2138165146?lang=en_US&edition=fundamental","pubTime":"2021-05-25 15:56","market":"sh","language":"en","title":"China's blue-chips see best day in 11 months on easing inflation fears, stronger yuan","url":"https://stock-news.laohu8.com/highlight/detail?id=2138165146","media":"Reuters","summary":"SHANGHAI, May 25 (Reuters) - Chinese shares saw a strong rally on Tuesday, with the blue-chip index ","content":"<p>SHANGHAI, May 25 (Reuters) - Chinese shares saw a strong rally on Tuesday, with the blue-chip index posting its best day in nearly 11 months, as fears around inflation at home and abroad faded, and a stronger yuan helped boost foreign inflows into the A-share market.</p><p>** The blue-chip CSI300 index ended 3.2% higher at 5,318.48, marking its highest level since March 8 and the best session since July 6, 2020. The Shanghai Composite Index added 2.4% to 3,581.34.</p><p>** Leading the gains, the CSI300 consumer staples index and the CSI300 financials index advanced 4.5% and 3.9%, respectively.</p><p>** \"The market rally has been mainly driven by financials. It's a rebound for insurance and securities firms after their losses this year,\" said Niu Chunbao, chairman at Wanji Asset, a Shanghai-based private securities fund.</p><p>** Analysts and traders also attributed the rally to easing inflation worries and a stronger yuan.</p><p>** The gains in commodities prices have been basically contained, decreasing the worries over inflation and its transmission, said Yan Jinkui, an analyst with Caida Securities.</p><p>** Beijing has vowed to maintain stability in the country's commodities markets after prices rallied earlier this year.</p><p>** Inflation fears also faded overseas. The U.S. national activity index reading of 0.24 against expectations above 1, along with dovish comments from Federal Reserve speakers, supported the view that loose policy will remain on hold for some time.</p><p>** Yuan strength helped increase the appeal of Chinese equities.</p><p>** China's yuan jumped to a near three-year high against a weaker dollar, although investors are now gauging the central bank's tolerance for a firmer currency before chasing new highs.</p><p>** Investors purchased 24.8 billion yuan ($3.87 billion) net worth of A-shares via the Stock Connect linking the mainland and Hong Kong, bringing the daily northbound inflows to a new record, according to Refinitiv data.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's blue-chips see best day in 11 months on easing inflation fears, stronger yuan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's blue-chips see best day in 11 months on easing inflation fears, stronger yuan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-25 15:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, May 25 (Reuters) - Chinese shares saw a strong rally on Tuesday, with the blue-chip index posting its best day in nearly 11 months, as fears around inflation at home and abroad faded, and a stronger yuan helped boost foreign inflows into the A-share market.</p><p>** The blue-chip CSI300 index ended 3.2% higher at 5,318.48, marking its highest level since March 8 and the best session since July 6, 2020. The Shanghai Composite Index added 2.4% to 3,581.34.</p><p>** Leading the gains, the CSI300 consumer staples index and the CSI300 financials index advanced 4.5% and 3.9%, respectively.</p><p>** \"The market rally has been mainly driven by financials. It's a rebound for insurance and securities firms after their losses this year,\" said Niu Chunbao, chairman at Wanji Asset, a Shanghai-based private securities fund.</p><p>** Analysts and traders also attributed the rally to easing inflation worries and a stronger yuan.</p><p>** The gains in commodities prices have been basically contained, decreasing the worries over inflation and its transmission, said Yan Jinkui, an analyst with Caida Securities.</p><p>** Beijing has vowed to maintain stability in the country's commodities markets after prices rallied earlier this year.</p><p>** Inflation fears also faded overseas. The U.S. national activity index reading of 0.24 against expectations above 1, along with dovish comments from Federal Reserve speakers, supported the view that loose policy will remain on hold for some time.</p><p>** Yuan strength helped increase the appeal of Chinese equities.</p><p>** China's yuan jumped to a near three-year high against a weaker dollar, although investors are now gauging the central bank's tolerance for a firmer currency before chasing new highs.</p><p>** Investors purchased 24.8 billion yuan ($3.87 billion) net worth of A-shares via the Stock Connect linking the mainland and Hong Kong, bringing the daily northbound inflows to a new record, according to Refinitiv data.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138165146","content_text":"SHANGHAI, May 25 (Reuters) - Chinese shares saw a strong rally on Tuesday, with the blue-chip index posting its best day in nearly 11 months, as fears around inflation at home and abroad faded, and a stronger yuan helped boost foreign inflows into the A-share market.** The blue-chip CSI300 index ended 3.2% higher at 5,318.48, marking its highest level since March 8 and the best session since July 6, 2020. The Shanghai Composite Index added 2.4% to 3,581.34.** Leading the gains, the CSI300 consumer staples index and the CSI300 financials index advanced 4.5% and 3.9%, respectively.** \"The market rally has been mainly driven by financials. It's a rebound for insurance and securities firms after their losses this year,\" said Niu Chunbao, chairman at Wanji Asset, a Shanghai-based private securities fund.** Analysts and traders also attributed the rally to easing inflation worries and a stronger yuan.** The gains in commodities prices have been basically contained, decreasing the worries over inflation and its transmission, said Yan Jinkui, an analyst with Caida Securities.** Beijing has vowed to maintain stability in the country's commodities markets after prices rallied earlier this year.** Inflation fears also faded overseas. The U.S. national activity index reading of 0.24 against expectations above 1, along with dovish comments from Federal Reserve speakers, supported the view that loose policy will remain on hold for some time.** Yuan strength helped increase the appeal of Chinese equities.** China's yuan jumped to a near three-year high against a weaker dollar, although investors are now gauging the central bank's tolerance for a firmer currency before chasing new highs.** Investors purchased 24.8 billion yuan ($3.87 billion) net worth of A-shares via the Stock Connect linking the mainland and Hong Kong, bringing the daily northbound inflows to a new record, according to Refinitiv data.","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":1260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":138876039,"gmtCreate":1621930677321,"gmtModify":1704364631961,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584427150211262","idStr":"3584427150211262"},"themes":[],"htmlText":"interesting","listText":"interesting","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/138876039","repostId":"2138165146","repostType":4,"repost":{"id":"2138165146","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1621929400,"share":"https://ttm.financial/m/news/2138165146?lang=en_US&edition=fundamental","pubTime":"2021-05-25 15:56","market":"sh","language":"en","title":"China's blue-chips see best day in 11 months on easing inflation fears, stronger yuan","url":"https://stock-news.laohu8.com/highlight/detail?id=2138165146","media":"Reuters","summary":"SHANGHAI, May 25 (Reuters) - Chinese shares saw a strong rally on Tuesday, with the blue-chip index ","content":"<p>SHANGHAI, May 25 (Reuters) - Chinese shares saw a strong rally on Tuesday, with the blue-chip index posting its best day in nearly 11 months, as fears around inflation at home and abroad faded, and a stronger yuan helped boost foreign inflows into the A-share market.</p><p>** The blue-chip CSI300 index ended 3.2% higher at 5,318.48, marking its highest level since March 8 and the best session since July 6, 2020. The Shanghai Composite Index added 2.4% to 3,581.34.</p><p>** Leading the gains, the CSI300 consumer staples index and the CSI300 financials index advanced 4.5% and 3.9%, respectively.</p><p>** \"The market rally has been mainly driven by financials. It's a rebound for insurance and securities firms after their losses this year,\" said Niu Chunbao, chairman at Wanji Asset, a Shanghai-based private securities fund.</p><p>** Analysts and traders also attributed the rally to easing inflation worries and a stronger yuan.</p><p>** The gains in commodities prices have been basically contained, decreasing the worries over inflation and its transmission, said Yan Jinkui, an analyst with Caida Securities.</p><p>** Beijing has vowed to maintain stability in the country's commodities markets after prices rallied earlier this year.</p><p>** Inflation fears also faded overseas. The U.S. national activity index reading of 0.24 against expectations above 1, along with dovish comments from Federal Reserve speakers, supported the view that loose policy will remain on hold for some time.</p><p>** Yuan strength helped increase the appeal of Chinese equities.</p><p>** China's yuan jumped to a near three-year high against a weaker dollar, although investors are now gauging the central bank's tolerance for a firmer currency before chasing new highs.</p><p>** Investors purchased 24.8 billion yuan ($3.87 billion) net worth of A-shares via the Stock Connect linking the mainland and Hong Kong, bringing the daily northbound inflows to a new record, according to Refinitiv data.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's blue-chips see best day in 11 months on easing inflation fears, stronger yuan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's blue-chips see best day in 11 months on easing inflation fears, stronger yuan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-25 15:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, May 25 (Reuters) - Chinese shares saw a strong rally on Tuesday, with the blue-chip index posting its best day in nearly 11 months, as fears around inflation at home and abroad faded, and a stronger yuan helped boost foreign inflows into the A-share market.</p><p>** The blue-chip CSI300 index ended 3.2% higher at 5,318.48, marking its highest level since March 8 and the best session since July 6, 2020. The Shanghai Composite Index added 2.4% to 3,581.34.</p><p>** Leading the gains, the CSI300 consumer staples index and the CSI300 financials index advanced 4.5% and 3.9%, respectively.</p><p>** \"The market rally has been mainly driven by financials. It's a rebound for insurance and securities firms after their losses this year,\" said Niu Chunbao, chairman at Wanji Asset, a Shanghai-based private securities fund.</p><p>** Analysts and traders also attributed the rally to easing inflation worries and a stronger yuan.</p><p>** The gains in commodities prices have been basically contained, decreasing the worries over inflation and its transmission, said Yan Jinkui, an analyst with Caida Securities.</p><p>** Beijing has vowed to maintain stability in the country's commodities markets after prices rallied earlier this year.</p><p>** Inflation fears also faded overseas. The U.S. national activity index reading of 0.24 against expectations above 1, along with dovish comments from Federal Reserve speakers, supported the view that loose policy will remain on hold for some time.</p><p>** Yuan strength helped increase the appeal of Chinese equities.</p><p>** China's yuan jumped to a near three-year high against a weaker dollar, although investors are now gauging the central bank's tolerance for a firmer currency before chasing new highs.</p><p>** Investors purchased 24.8 billion yuan ($3.87 billion) net worth of A-shares via the Stock Connect linking the mainland and Hong Kong, bringing the daily northbound inflows to a new record, according to Refinitiv data.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138165146","content_text":"SHANGHAI, May 25 (Reuters) - Chinese shares saw a strong rally on Tuesday, with the blue-chip index posting its best day in nearly 11 months, as fears around inflation at home and abroad faded, and a stronger yuan helped boost foreign inflows into the A-share market.** The blue-chip CSI300 index ended 3.2% higher at 5,318.48, marking its highest level since March 8 and the best session since July 6, 2020. The Shanghai Composite Index added 2.4% to 3,581.34.** Leading the gains, the CSI300 consumer staples index and the CSI300 financials index advanced 4.5% and 3.9%, respectively.** \"The market rally has been mainly driven by financials. It's a rebound for insurance and securities firms after their losses this year,\" said Niu Chunbao, chairman at Wanji Asset, a Shanghai-based private securities fund.** Analysts and traders also attributed the rally to easing inflation worries and a stronger yuan.** The gains in commodities prices have been basically contained, decreasing the worries over inflation and its transmission, said Yan Jinkui, an analyst with Caida Securities.** Beijing has vowed to maintain stability in the country's commodities markets after prices rallied earlier this year.** Inflation fears also faded overseas. 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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622950106,"share":"https://ttm.financial/m/news/1156802172?lang=en_US&edition=fundamental","pubTime":"2021-06-06 11:28","market":"us","language":"en","title":"Nio Begins Prepping For Nio Day 2021: What We Know So Far","url":"https://stock-news.laohu8.com/highlight/detail?id=1156802172","media":"Benzinga","summary":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day ","content":"<p>The catalyst that drove <b>NIO Inc.</b> shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as explained by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates a potential host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</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>Nio Begins Prepping For Nio Day 2021: What We Know So Far</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\">\nNio Begins Prepping For Nio Day 2021: What We Know So Far\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-06 11:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The catalyst that drove <b>NIO Inc.</b> shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as explained by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates a potential host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156802172","content_text":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.\nAgainst this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.\nWhat Happened:Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.\nThe bidding process as explained by CnEVPost is as follows:\nThe applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.\nNio mandates a potential host city should not have hosted Nio Day in the past eight years.\nThe city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.\nThe company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.\nFollowing the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.\nWhy It's Important:Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.\nNio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.\nSeveral rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.\nWith the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.\nNio users may also look ahead to more details on the company's recent expansion into Norway.\nAt last check Friday at publication, Nio shares were rallying 2.54% to $41.94.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3034,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132787341,"gmtCreate":1622116638083,"gmtModify":1704179728213,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584427150211262","idStr":"3584427150211262"},"themes":[],"htmlText":"interesting ","listText":"interesting ","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/132787341","repostId":"2138111825","repostType":4,"isVote":1,"tweetType":1,"viewCount":839,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581064561151865","authorId":"3581064561151865","name":"jiaxinn","avatar":"https://static.tigerbbs.com/2ecddbc051d92ef98a3d39070110ff97","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3581064561151865","idStr":"3581064561151865"},"content":"Comment and like plS","text":"Comment and like plS","html":"Comment and like plS"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114543921,"gmtCreate":1623081986863,"gmtModify":1704195775684,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584427150211262","idStr":"3584427150211262"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ADBE\">$Adobe(ADBE)$</a>nice","listText":"<a href=\"https://laohu8.com/S/ADBE\">$Adobe(ADBE)$</a>nice","text":"$Adobe(ADBE)$nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114543921","isVote":1,"tweetType":1,"viewCount":2206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112707872,"gmtCreate":1622914891296,"gmtModify":1704193234954,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584427150211262","idStr":"3584427150211262"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112707872","repostId":"1114675600","repostType":4,"repost":{"id":"1114675600","kind":"news","pubTimestamp":1622859189,"share":"https://ttm.financial/m/news/1114675600?lang=en_US&edition=fundamental","pubTime":"2021-06-05 10:13","market":"us","language":"en","title":"Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.","url":"https://stock-news.laohu8.com/highlight/detail?id=1114675600","media":"Barrons","summary":"It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ","content":"<p>It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.</p>\n<p>It all started with GameStop (ticker: GME) in January;since then, retail traders on Reddit message boards have collaborated to push share prices higher for several small-company stocks. These companies—such as Express(EXPR),BlackBerry(BB),Bed Bath & Beyond(BBBY),and others—aren’t any more profitable or otherwise more attractive based on fundamentals. Investors left owning the stock after the initial promoters of the shares sell their stakes often end up with a losing investment.</p>\n<p>Small-cap fund managers, for the most part, have avoided these stocks. “Oftentimes, [meme stocks] do not meet our criteria,” says Jamie Cuellar, manager of the $1.2 billion Buffalo Small Capfund (BUFSX). “And we do not change our investment process if the market is rewarding meme stocks.” Chris Retzer, manager of the $228 million Needham Small Cap Growthfund (NESGX), says the same: “We would not chase those names based on our fundamental viewpoints.”</p>\n<p>That’s good news for investors, though a challenging stance for fund managers. Shares of AMC Entertainment Holdings (AMC)—the latest leader of meme stocks—surged 418% from May 21 to this past Wednesday, before falling 23% as of Friday’s close. At its peak, the stock became the largest member of the Russell 2000 index—the benchmark against which many small-cap funds are measured—with a market value of $28 billion.GameStop was the third largest member. While each stock makes up less than 1% of the index, their wild surge means that they’ve contributed the most to the small-cap benchmark’s recent gains.</p>\n<p><img src=\"https://static.tigerbbs.com/8f4862424d8d1aacb204de9fce666d5e\" tg-width=\"953\" tg-height=\"651\"></p>\n<p>“I can imagine there are many small-cap active managers right now very frustrated by what they’re seeing,” says Ben Johnson, director of global ETF research for Morningstar. In the first five months of 2021, he says, not owning GameStop, or owning less than the benchmark, has been the biggest performance detractor for small-cap value funds. (Because meme stocks are generally of battered companies, they are usually found in the value index.)</p>\n<p>Fund investors, however, should be wary of attributing too much over- or underperformance to whether or not a fund owns meme stocks. Sure, it can be marginally more difficult to beat the benchmark when meme stocks are on a tear. But they don’t have as much influence as many investors think: The Russell 2000 has gained 16% so far this year; AMC and GameStop combined contributed just 1.3 percentage points to that rise. That’s still a high hurdle for active managers to beat. Similarly, when meme stocks drop, it can make benchmark-beating gains look more impressive. Ultimately, the bigger issue is not the performance of meme stocks; it’s that their volatility makes evaluating the performance of funds difficult.</p>\n<p><img src=\"https://static.tigerbbs.com/b00008b77302ea5d4f8f76370c5612b8\" tg-width=\"964\" tg-height=\"593\"></p>\n<p>What’s more, the Russell 2000 will make its annual reconstitution at the end of June. If AMC and GameStop remain at their current levels, they’ll likely move from the small-cap index into the large-cap Russell 1000. That means if, or when, they tumble again, the drawdown will affect the large-cap index, not the small-cap benchmark.</p>\n<p>“Small-cap managers who are underweight these names are forced into a difficult near-term choice,” wrote Wells Fargo analyst Chris Harvey in a Friday note. “Either add these names before the rebalance to limit relative-performance risk, or cross fingers and hope their prices fall before they are graduated out, i.e., before the underperformance is locked in.”</p>\n<p>Some active funds, including the $4.3 billion BlackRock Advantage Small Cap Corefund (BDSAX), have added AMC and GameStop shares this year. The fund, however, has more than 800 holdings, and those two make up less than 0.3% of its portfolio.</p>\n<p>Many active managers say they’re not too concerned about lagging behind the benchmark due to a lack of meme stocks. For starters, while these small stocks are making big moves and getting a lot of media attention, those moves ultimately have little real effect on the broad universe of small companies. “Meme stocks have minimal impact on long-term small-cap investors who focus on fundamental results,” says Needham’s Retzer. Are his clients concerned? “It’s not even a topic,” he says.</p>\n<p>“People hire discretionary managers to use their discretion,” says Morningstar’s Johnson. “I would think they’d want the managers to stick to their guns and keep their cool through the environments we’re living through now.”</p>\n<p>Fund investors should evaluate funds’ performance relative to other, similar funds, rather than their performance relative to the Russell 2000 benchmark. It’s also important to take a look at funds’ risk-adjusted returns—even if a fund does well owning meme stocks, those returns come with more inherent risk, and it’s important to know that a manager is willing to make momentum bets. If you’re an investor focused on owning good companies that do well because their businesses are growing, it might be OK to underperform the benchmark while the meme market rules.</p>\n<p>This is not to say that active managers should always avoid meme stocks. While meme stocks’ rise is mostly driven by social-media hype rather than genuine fundamental improvements, the rally itself has led to changes that might help these struggling firms turn around. AMC, for one, has been raising money by selling new shares, which could be used to repay debt, acquire rivals, or invest in new growth opportunities.</p>\n<p>The long-term implication of these moves has yet to be determined, says Retzer, but it’s certainly worth monitoring. “What they do with that cash will determine whether these valuation can be supported,” he says. “But under current fundamental analysis, it would be a struggle to view these stocks as value investments right now.”</p>","source":"lsy1601382232898","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>Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.</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\">\nFund Managers Are Ignoring Meme Stocks. That’s a Good Thing.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 10:13 GMT+8 <a href=https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.\nIt all started with GameStop (ticker: GME) in January;since then, retail traders on ...</p>\n\n<a href=\"https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","GME":"游戏驿站",".DJI":"道琼斯","BB":"黑莓","BBBY":"Bed Bath & Beyond, Inc.","EXPR":"Express, Inc.",".IXIC":"NASDAQ Composite","AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114675600","content_text":"It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.\nIt all started with GameStop (ticker: GME) in January;since then, retail traders on Reddit message boards have collaborated to push share prices higher for several small-company stocks. These companies—such as Express(EXPR),BlackBerry(BB),Bed Bath & Beyond(BBBY),and others—aren’t any more profitable or otherwise more attractive based on fundamentals. Investors left owning the stock after the initial promoters of the shares sell their stakes often end up with a losing investment.\nSmall-cap fund managers, for the most part, have avoided these stocks. “Oftentimes, [meme stocks] do not meet our criteria,” says Jamie Cuellar, manager of the $1.2 billion Buffalo Small Capfund (BUFSX). “And we do not change our investment process if the market is rewarding meme stocks.” Chris Retzer, manager of the $228 million Needham Small Cap Growthfund (NESGX), says the same: “We would not chase those names based on our fundamental viewpoints.”\nThat’s good news for investors, though a challenging stance for fund managers. Shares of AMC Entertainment Holdings (AMC)—the latest leader of meme stocks—surged 418% from May 21 to this past Wednesday, before falling 23% as of Friday’s close. At its peak, the stock became the largest member of the Russell 2000 index—the benchmark against which many small-cap funds are measured—with a market value of $28 billion.GameStop was the third largest member. While each stock makes up less than 1% of the index, their wild surge means that they’ve contributed the most to the small-cap benchmark’s recent gains.\n\n“I can imagine there are many small-cap active managers right now very frustrated by what they’re seeing,” says Ben Johnson, director of global ETF research for Morningstar. In the first five months of 2021, he says, not owning GameStop, or owning less than the benchmark, has been the biggest performance detractor for small-cap value funds. (Because meme stocks are generally of battered companies, they are usually found in the value index.)\nFund investors, however, should be wary of attributing too much over- or underperformance to whether or not a fund owns meme stocks. Sure, it can be marginally more difficult to beat the benchmark when meme stocks are on a tear. But they don’t have as much influence as many investors think: The Russell 2000 has gained 16% so far this year; AMC and GameStop combined contributed just 1.3 percentage points to that rise. That’s still a high hurdle for active managers to beat. Similarly, when meme stocks drop, it can make benchmark-beating gains look more impressive. Ultimately, the bigger issue is not the performance of meme stocks; it’s that their volatility makes evaluating the performance of funds difficult.\n\nWhat’s more, the Russell 2000 will make its annual reconstitution at the end of June. If AMC and GameStop remain at their current levels, they’ll likely move from the small-cap index into the large-cap Russell 1000. That means if, or when, they tumble again, the drawdown will affect the large-cap index, not the small-cap benchmark.\n“Small-cap managers who are underweight these names are forced into a difficult near-term choice,” wrote Wells Fargo analyst Chris Harvey in a Friday note. “Either add these names before the rebalance to limit relative-performance risk, or cross fingers and hope their prices fall before they are graduated out, i.e., before the underperformance is locked in.”\nSome active funds, including the $4.3 billion BlackRock Advantage Small Cap Corefund (BDSAX), have added AMC and GameStop shares this year. The fund, however, has more than 800 holdings, and those two make up less than 0.3% of its portfolio.\nMany active managers say they’re not too concerned about lagging behind the benchmark due to a lack of meme stocks. For starters, while these small stocks are making big moves and getting a lot of media attention, those moves ultimately have little real effect on the broad universe of small companies. “Meme stocks have minimal impact on long-term small-cap investors who focus on fundamental results,” says Needham’s Retzer. Are his clients concerned? “It’s not even a topic,” he says.\n“People hire discretionary managers to use their discretion,” says Morningstar’s Johnson. “I would think they’d want the managers to stick to their guns and keep their cool through the environments we’re living through now.”\nFund investors should evaluate funds’ performance relative to other, similar funds, rather than their performance relative to the Russell 2000 benchmark. It’s also important to take a look at funds’ risk-adjusted returns—even if a fund does well owning meme stocks, those returns come with more inherent risk, and it’s important to know that a manager is willing to make momentum bets. If you’re an investor focused on owning good companies that do well because their businesses are growing, it might be OK to underperform the benchmark while the meme market rules.\nThis is not to say that active managers should always avoid meme stocks. While meme stocks’ rise is mostly driven by social-media hype rather than genuine fundamental improvements, the rally itself has led to changes that might help these struggling firms turn around. AMC, for one, has been raising money by selling new shares, which could be used to repay debt, acquire rivals, or invest in new growth opportunities.\nThe long-term implication of these moves has yet to be determined, says Retzer, but it’s certainly worth monitoring. “What they do with that cash will determine whether these valuation can be supported,” he says. “But under current fundamental analysis, it would be a struggle to view these stocks as value investments right now.”","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,"AMC":0.9,".IXIC":0.9,"EXPR":0.9,"BB":0.9,"GME":0.9,"RTYmain":0.9,"BBBY":0.9}},"isVote":1,"tweetType":1,"viewCount":2282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137763297,"gmtCreate":1622392984119,"gmtModify":1704183774838,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584427150211262","idStr":"3584427150211262"},"themes":[],"htmlText":"interesting ","listText":"interesting ","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137763297","repostId":"2138029491","repostType":4,"isVote":1,"tweetType":1,"viewCount":3380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138875984,"gmtCreate":1621930797748,"gmtModify":1704364634391,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584427150211262","idStr":"3584427150211262"},"themes":[],"htmlText":"interesting ","listText":"interesting ","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138875984","repostId":"1156029510","repostType":4,"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168975174,"gmtCreate":1623948397098,"gmtModify":1703824499053,"author":{"id":"3584427150211262","authorId":"3584427150211262","name":"yesssuu","avatar":"https://static.tigerbbs.com/24aa552e605d099ae8a1fd10a0f26ebd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584427150211262","idStr":"3584427150211262"},"themes":[],"htmlText":"wow ","listText":"wow ","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168975174","repostId":"1108846547","repostType":4,"isVote":1,"tweetType":1,"viewCount":2378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}