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2022-06-13

Buy micron , AMD , Intel. Don't say I don't give you all tips

Semiconductor Stocks Slid in Morning Trading, with Nvidia and AMD Falling About 5%

2022-06-16

Tell me something which I don't know.

2 Analysts Come to Only 1 Conclusion About NIO Stock: It’s a Buy

2022-06-13

Believe u i bankrupt faster

3 Great Dividend Stocks You Can Buy for Less Than $50

2022-06-13

Want get rich don't buy SG stock.

Singapore Stocks Drop 1.33% along with Regional Key Indices

2022-06-13

I have been average up .. earn so much until my hands shaking

Alibaba Without Regulatory Risks? Buy Alibaba Sell Meituan

Go to Tiger App to see more news

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(...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-analysts-come-only-1-170506304.html\">Web Link</a>\n\n</div>\n","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>2 Analysts Come to Only 1 Conclusion About NIO Stock: It’s a Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Analysts Come to Only 1 Conclusion About NIO Stock: It’s a Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-16 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-analysts-come-only-1-170506304.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As stock markets cautiously peeked back into \"green\" territory after Monday's astounding selloff, shares of one company in particular raced ahead of the pack: Chinese electric vehicle maker Nio Inc. (...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-analysts-come-only-1-170506304.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://finance.yahoo.com/news/2-analysts-come-only-1-170506304.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243910364","content_text":"As stock markets cautiously peeked back into \"green\" territory after Monday's astounding selloff, shares of one company in particular raced ahead of the pack: Chinese electric vehicle maker Nio Inc. (NIO).Less than a week after reporting its Q1 financial results (vehicle deliveries up 28.5% year-over-year, and revenues up 24.2% -- but losses up 295%!), Nio worked to change the story Tuesday, by announcing it will launch a new product on Wednesday, and meeting with analysts to give them some insight into what's coming up next.And indeed, the company held a Product Launch Event today, which unveiled the ES7, a new mid-to-large five-seater SUV based on NIO Technology 2.0 (NT2.0).Deutsche Bank analyst Edison Yu writes that despite Nio's disappointing earnings last quarter, \"NIO is embarking on the most important product cycle in the company's history.\"The analyst continued, \"Volumes have been under pressure over the past few quarters due to operational bottlenecks and COVID lock-downs, but... NIO has fully returned to normal production levels [and now] deliveries are on track to increase from 7k/month in May to 25k exiting the year.\" That's a significant number -- 25,000 cars built per month -- given that Nio barely made 25,000 deliveries in all its first three months. And assuming Nio hits this target, Yu forecasts the company could deliver 160,000 EVs this year, and twice that -- 320,000 units -- in 2023.In Yu's view, Nio's ET7 and ET5 electric sedans are likely to be \"the most desired cars in the China premium market this year\" -- meaning they'll be even more popular than Teslas.To this end, Yu rates Nio shares a Buy and has a $45 price target on this $19 stock.Next up: Morgan Stanley analyst Tim Hsiao.Like Yu, Hsiao is optimistic about Nio stock, albeit a bit less enthusiastic than his counterpart. Hsiao rates Nio stock Overweight (i.e. buy), but with only a $31 price target. (Hsiao's track record)As Hsiao explains, Nio will experience \"inevitable... near-term margin pain\" in Q2. However, sales look to be trending up once Q2 is past, and Hsiao actually thinks Nio could be producing as many as 30,000 electric cars per month by the end of this year -- 20% more than Yu thinks likely.Added to Nio's stable of other electric vehicles -- the ES8, ES6, EC6, and ET7 -- Hsiao sees the ES7 contributing to a bright future for Nio after it gets through Q2 and its \"margin pressure.\"In short, bad as earnings were in Q1, and despite the risk that Q2 will show more bumps in the road, both these analysts like Nio stock quite a lot -- and see a lot of upside in the shares. (See NIO stock forecast on TipRanks)","news_type":1},"isVote":1,"tweetType":1,"viewCount":517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052102899,"gmtCreate":1655132852111,"gmtModify":1676535567638,"author":{"id":"3586515468962759","authorId":"3586515468962759","name":"ShawnTan1978","avatar":"https://static.tigerbbs.com/04f0102b6947598a9fd554679922a9f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586515468962759","authorIdStr":"3586515468962759"},"themes":[],"htmlText":"Believe u i bankrupt faster","listText":"Believe u i bankrupt faster","text":"Believe u i bankrupt faster","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052102899","repostId":"2242245215","repostType":4,"repost":{"id":"2242245215","kind":"highlight","pubTimestamp":1655110921,"share":"https://ttm.financial/m/news/2242245215?lang=&edition=fundamental","pubTime":"2022-06-13 17:02","market":"us","language":"en","title":"3 Great Dividend Stocks You Can Buy for Less Than $50","url":"https://stock-news.laohu8.com/highlight/detail?id=2242245215","media":"Motley Fool","summary":"These low-priced dividend stocks enable investors to maximize their income yield.","content":"<html><head></head><body><p>You don&#39;t need much money to generate passive income from the stock market. Many high-quality dividend stocks sell for less than $50 a share. That allows you to put even a little bit of money to work generating income.</p><p>Three great dividend stocks with low share prices are <b><a href=\"https://laohu8.com/S/MPW\">Medical Properties Trust</a></b>, <b>Kinder Morgan</b>, and <b><a href=\"https://laohu8.com/S/STOR\">STORE Capital</a></b>. With stock prices currently in the $16 to $26 range, and above-average dividend yields, they can help investors maximize their ability to earn dividend income.</p><h2>A healthy dividend</h2><p>Medical Properties Trust is a real estate investment trust (REIT) that focuses on owning hospitals. It leases these facilities to healthcare companies, supplying it with steady rental income to pay its dividend. The healthcare REIT currently offers a 7.3% dividend yield on its $16 stock price.</p><p>One of the great things about this dividend is that Medical Properties Trust has steadily increased it each year; the REIT delivered its ninth straight year of dividend increases in 2022. The company has been able to steadily increase its dividend by continuing to acquire income-producing hospital real estate.</p><p>The REIT expects to acquire another $1 billion to $3 billion of properties this year. Those deals should enable it to continue growing its dividend. Meanwhile, it has lots of growth ahead, given its estimates that there&#39;s $500 billion to $750 billion of owner-occupied hospital real estate in the U.S. alone. That provides the REIT with a vast opportunity set to drive future dividend growth.</p><h2>Plenty of fuel to keep growing the dividend</h2><p>Kinder Morgan is a leading natural gas pipeline company. It gets paid steady fees as natural gas and other commodities travel through its pipelines and related infrastructure. That gives Kinder Morgan stable cash flow to support its dividend, which yields 5.8% at the current $19 stock price.</p><p>Kinder Morgan has increased its dividend payment in each of the last five years, and it should have plenty of fuel to grow the dividend in the future. The natural gas pipeline giant currently produces enough cash to cover its high-yielding dividend and its expansion program, with room to spare. With those expansion projects growing its cash flow, Kinder Morgan will have more money to increase the dividend.</p><p>The company expects to be able to continue growing its natural gas infrastructure footprint. Russia&#39;s invasion of Ukraine is forcing counties to prioritize energy security, leading them to secure more liquefied natural gas (LNG) supplies from the U.S. That should give Kinder Morgan more opportunities to expand its natural gas infrastructure in the coming years, supporting its ability to keep increasing the dividend.</p><h2>Profitable properties</h2><p>STORE Capital is another REIT that pays an attractive dividend. It currently offers a 5.9% yield on its $26 stock price.</p><p>The REIT has steadily increased its dividend since its initial public offering in 2014. It has given investors a raise every year, growing the payout at a 6.1% compound annual rate during that time frame.</p><p>One of the keys to STORE Capital&#39;s success is its focus on acquiring properties crucial to the profits of the tenants operating them. These include manufacturing sites, service-oriented retail properties (like furniture stores and automotive dealers), and service-related real estate (such as restaurants, medical offices, education buildings, and health clubs). STORE Capital&#39;s focus on profit-center real estate means its tenants are more likely to continue to pay rent so they don&#39;t lose access to a profitable location.</p><h2>Great ways to start putting your money to work</h2><p>The stock market makes it easy to start earning passive income. Thanks to their low share prices, it would cost just over $60 to buy <a href=\"https://laohu8.com/S/AONE.U\">one</a> share each of Medical Properties Trust, Kinder Morgan, <i>and</i> STORE Capital. That would allow investors to put their money to work making more money, since these companies pay attractive dividends that they&#39;ve steadily increased over the years.</p></body></html>","source":"fool_stock","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>3 Great Dividend Stocks You Can Buy for Less Than $50</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\">\n3 Great Dividend Stocks You Can Buy for Less Than $50\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-13 17:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/12/3-great-dividend-stocks-you-can-buy-for-less-than/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You don't need much money to generate passive income from the stock market. Many high-quality dividend stocks sell for less than $50 a share. That allows you to put even a little bit of money to work ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/12/3-great-dividend-stocks-you-can-buy-for-less-than/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KMI":"金德尔摩根","STOR":"STORE Capital","MPW":"Medical Properties Trust"},"source_url":"https://www.fool.com/investing/2022/06/12/3-great-dividend-stocks-you-can-buy-for-less-than/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2242245215","content_text":"You don't need much money to generate passive income from the stock market. Many high-quality dividend stocks sell for less than $50 a share. That allows you to put even a little bit of money to work generating income.Three great dividend stocks with low share prices are Medical Properties Trust, Kinder Morgan, and STORE Capital. With stock prices currently in the $16 to $26 range, and above-average dividend yields, they can help investors maximize their ability to earn dividend income.A healthy dividendMedical Properties Trust is a real estate investment trust (REIT) that focuses on owning hospitals. It leases these facilities to healthcare companies, supplying it with steady rental income to pay its dividend. The healthcare REIT currently offers a 7.3% dividend yield on its $16 stock price.One of the great things about this dividend is that Medical Properties Trust has steadily increased it each year; the REIT delivered its ninth straight year of dividend increases in 2022. The company has been able to steadily increase its dividend by continuing to acquire income-producing hospital real estate.The REIT expects to acquire another $1 billion to $3 billion of properties this year. Those deals should enable it to continue growing its dividend. Meanwhile, it has lots of growth ahead, given its estimates that there's $500 billion to $750 billion of owner-occupied hospital real estate in the U.S. alone. That provides the REIT with a vast opportunity set to drive future dividend growth.Plenty of fuel to keep growing the dividendKinder Morgan is a leading natural gas pipeline company. It gets paid steady fees as natural gas and other commodities travel through its pipelines and related infrastructure. That gives Kinder Morgan stable cash flow to support its dividend, which yields 5.8% at the current $19 stock price.Kinder Morgan has increased its dividend payment in each of the last five years, and it should have plenty of fuel to grow the dividend in the future. The natural gas pipeline giant currently produces enough cash to cover its high-yielding dividend and its expansion program, with room to spare. With those expansion projects growing its cash flow, Kinder Morgan will have more money to increase the dividend.The company expects to be able to continue growing its natural gas infrastructure footprint. Russia's invasion of Ukraine is forcing counties to prioritize energy security, leading them to secure more liquefied natural gas (LNG) supplies from the U.S. That should give Kinder Morgan more opportunities to expand its natural gas infrastructure in the coming years, supporting its ability to keep increasing the dividend.Profitable propertiesSTORE Capital is another REIT that pays an attractive dividend. It currently offers a 5.9% yield on its $26 stock price.The REIT has steadily increased its dividend since its initial public offering in 2014. It has given investors a raise every year, growing the payout at a 6.1% compound annual rate during that time frame.One of the keys to STORE Capital's success is its focus on acquiring properties crucial to the profits of the tenants operating them. These include manufacturing sites, service-oriented retail properties (like furniture stores and automotive dealers), and service-related real estate (such as restaurants, medical offices, education buildings, and health clubs). STORE Capital's focus on profit-center real estate means its tenants are more likely to continue to pay rent so they don't lose access to a profitable location.Great ways to start putting your money to workThe stock market makes it easy to start earning passive income. Thanks to their low share prices, it would cost just over $60 to buy one share each of Medical Properties Trust, Kinder Morgan, and STORE Capital. That would allow investors to put their money to work making more money, since these companies pay attractive dividends that they've steadily increased over the years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052102050,"gmtCreate":1655132829870,"gmtModify":1676535567630,"author":{"id":"3586515468962759","authorId":"3586515468962759","name":"ShawnTan1978","avatar":"https://static.tigerbbs.com/04f0102b6947598a9fd554679922a9f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586515468962759","authorIdStr":"3586515468962759"},"themes":[],"htmlText":"Want get rich don't buy SG stock.","listText":"Want get rich don't buy SG stock.","text":"Want get rich don't buy SG stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052102050","repostId":"1107320034","repostType":4,"repost":{"id":"1107320034","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":1655115968,"share":"https://ttm.financial/m/news/1107320034?lang=&edition=fundamental","pubTime":"2022-06-13 18:26","market":"sg","language":"en","title":"Singapore Stocks Drop 1.33% along with Regional Key Indices","url":"https://stock-news.laohu8.com/highlight/detail?id=1107320034","media":"Tiger Newspress","summary":"SINGAPORE’s stock market was in the red on Monday (Jun 13), alongside most regional key indices that","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/3b3364f51e2fd8cddb19f22de7bcf870\" tg-width=\"440\" tg-height=\"293\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>SINGAPORE’s stock market was in the red on Monday (Jun 13), alongside most regional key indices that were savaged by fears of bigger policy rate hikes by the United States and China’s possibly re-imposing new lockdowns to stem the coronavirus.</p><p>The key gauge Straits Times Index (STI) slid 1.33 per cent or 42.38 points to 3,139.35, with only 3 counters having managed to escape unscathed.Singtel : Z74 +0.79%trading cum dividend rose 0.79 per cent to S$2.54,Sembcorp Industries : U96 +0.36%was 0.36 per cent higher at S$2.79, andDFI Retail Group : D01 0%(formerly Dairy Farm International) was flat at US$2.90.</p><p>Yeap Jun Rong, market strategist at IG, pointed out that last week’s sell-off has marked a break below a key downward trendline, which has been supporting the STI on at least 7 occasions since November 2020.</p><p>“A break below the trendline may suggest bearish sentiments taking greater control and that may leave the 3,000 psychological level on watch over the longer term,” said Yeap.</p><p>The broader market painted a similar picture, with the number of decliners more than double that of gainers at 407 to 151, as 1.65 billion securities worth a total of S$1.44 billion were traded.</p><p>As its controversial proposed merger with Keppel Offshore and Marine is thrust into the spotlight by a minority shareholder who is staging a campaign to vote against the move,Sembcorp Marine : S51 -4.2%was the most active counter on a turnover of 124.9 million shares and closed 4.2 per cent down to S$0.114.</p><p>Electric vehicle companyNio : NIO -7.97%shares were down 7.97 per cent at US$ 17.90, despite the China-based maker reporting a smaller quarterly loss of 1.8 billion yuan (S$370 million) last week.</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>Singapore Stocks Drop 1.33% along with Regional Key Indices</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\">\nSingapore Stocks Drop 1.33% along with Regional Key Indices\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\">2022-06-13 18:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/3b3364f51e2fd8cddb19f22de7bcf870\" tg-width=\"440\" tg-height=\"293\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>SINGAPORE’s stock market was in the red on Monday (Jun 13), alongside most regional key indices that were savaged by fears of bigger policy rate hikes by the United States and China’s possibly re-imposing new lockdowns to stem the coronavirus.</p><p>The key gauge Straits Times Index (STI) slid 1.33 per cent or 42.38 points to 3,139.35, with only 3 counters having managed to escape unscathed.Singtel : Z74 +0.79%trading cum dividend rose 0.79 per cent to S$2.54,Sembcorp Industries : U96 +0.36%was 0.36 per cent higher at S$2.79, andDFI Retail Group : D01 0%(formerly Dairy Farm International) was flat at US$2.90.</p><p>Yeap Jun Rong, market strategist at IG, pointed out that last week’s sell-off has marked a break below a key downward trendline, which has been supporting the STI on at least 7 occasions since November 2020.</p><p>“A break below the trendline may suggest bearish sentiments taking greater control and that may leave the 3,000 psychological level on watch over the longer term,” said Yeap.</p><p>The broader market painted a similar picture, with the number of decliners more than double that of gainers at 407 to 151, as 1.65 billion securities worth a total of S$1.44 billion were traded.</p><p>As its controversial proposed merger with Keppel Offshore and Marine is thrust into the spotlight by a minority shareholder who is staging a campaign to vote against the move,Sembcorp Marine : S51 -4.2%was the most active counter on a turnover of 124.9 million shares and closed 4.2 per cent down to S$0.114.</p><p>Electric vehicle companyNio : NIO -7.97%shares were down 7.97 per cent at US$ 17.90, despite the China-based maker reporting a smaller quarterly loss of 1.8 billion yuan (S$370 million) last week.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107320034","content_text":"SINGAPORE’s stock market was in the red on Monday (Jun 13), alongside most regional key indices that were savaged by fears of bigger policy rate hikes by the United States and China’s possibly re-imposing new lockdowns to stem the coronavirus.The key gauge Straits Times Index (STI) slid 1.33 per cent or 42.38 points to 3,139.35, with only 3 counters having managed to escape unscathed.Singtel : Z74 +0.79%trading cum dividend rose 0.79 per cent to S$2.54,Sembcorp Industries : U96 +0.36%was 0.36 per cent higher at S$2.79, andDFI Retail Group : D01 0%(formerly Dairy Farm International) was flat at US$2.90.Yeap Jun Rong, market strategist at IG, pointed out that last week’s sell-off has marked a break below a key downward trendline, which has been supporting the STI on at least 7 occasions since November 2020.“A break below the trendline may suggest bearish sentiments taking greater control and that may leave the 3,000 psychological level on watch over the longer term,” said Yeap.The broader market painted a similar picture, with the number of decliners more than double that of gainers at 407 to 151, as 1.65 billion securities worth a total of S$1.44 billion were traded.As its controversial proposed merger with Keppel Offshore and Marine is thrust into the spotlight by a minority shareholder who is staging a campaign to vote against the move,Sembcorp Marine : S51 -4.2%was the most active counter on a turnover of 124.9 million shares and closed 4.2 per cent down to S$0.114.Electric vehicle companyNio : NIO -7.97%shares were down 7.97 per cent at US$ 17.90, despite the China-based maker reporting a smaller quarterly loss of 1.8 billion yuan (S$370 million) last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052106185,"gmtCreate":1655132799147,"gmtModify":1676535567607,"author":{"id":"3586515468962759","authorId":"3586515468962759","name":"ShawnTan1978","avatar":"https://static.tigerbbs.com/04f0102b6947598a9fd554679922a9f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586515468962759","authorIdStr":"3586515468962759"},"themes":[],"htmlText":"I have been average up .. earn so much&nbsp;until my hands shaking&nbsp;","listText":"I have been average up .. earn so much&nbsp;until my hands shaking&nbsp;","text":"I have been average up .. earn so much until my hands shaking","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052106185","repostId":"2243632643","repostType":4,"repost":{"id":"2243632643","kind":"highlight","pubTimestamp":1655119518,"share":"https://ttm.financial/m/news/2243632643?lang=&edition=fundamental","pubTime":"2022-06-13 19:25","market":"hk","language":"en","title":"Alibaba Without Regulatory Risks? Buy Alibaba Sell Meituan","url":"https://stock-news.laohu8.com/highlight/detail?id=2243632643","media":"Seekingalpha","summary":"We've been watching Alibaba (NYSE:BABA) for some time, as we've been impressed by its growth and pro","content":"<html><head></head><body><p>We&#39;ve been watching Alibaba (NYSE:BABA) for some time, as we&#39;ve been impressed by its growth and profitability. As many other investors, we have been hesitating whether to invest or not due to the many regulatory risks the company is facing. That said, <a href=\"https://laohu8.com/S/AONE.U\">one</a> option we are considering is to do a pair trade with another Chinese company where we believe we are able to subtract some elements of the investment in Alibaba we don&#39;t like, while maintaining most of what we do like. We believe one of the best options to implement this pair trade idea with is Meituan (OTCPK:MPNGY) for a number of reasons. Both these companies are under anticompetitive watch by the Chinese government, both utilize the controversial VIE structure (as basically all other Chinese companies trading in the US markets), and both have de-listing risk if the Chinese and American governments do not reach an agreement on information disclosures.</p><h2>Company Overviews</h2><p>We are assuming most readers are familiar with the companies, especially with Alibaba, but for the benefit of those that don&#39;t we&#39;ll very quickly provide an overview of what each of these companies does.</p><p>Alibaba&#39;s main businesses are in e-commerce with the T-mall and Taobao platforms, but it is also strong in cloud computing, digital media, entertainment, and payments through financial services platform Ant Financial. Ant Financial is the largest online financial service provider in China, with over 50% of the $16 trillion online payments market (30x the US). The group’s mission is to make it easy to do business anywhere.</p><p>Meituan Dianping is an online marketplace for the local service industry in China. It operates in more than 200 categories in 2,800 cities with dominant market shares in on-demand restaurant delivery, in-store dining, hotel booking and film ticketing. Its main business is food delivery (i.e. the Uber Eats of China). It competes directly with Alibaba&#39;s subsidiary Ele.me.</p><h2>Competitive Advantages</h2><p>Alibaba has a huge competitive moat, resulting mostly from network effects, as its most important businesses are two-sided platforms. In the case of the e-commerce platforms T-mall and Taobao, the network effect is the result of sellers going to where most buyers are found, and most buyers going to where there is more selection with more sellers. In Alipay&#39;s case, most merchants will want to accept the payment option that most customers use, and most users will want to employ the app that most merchants accept. Due to the size and quality of its marketplaces and its Alipay network, Alibaba&#39;s competitive moat is extremely strong. There are other moat sources, such as powerful brands and scale advantages, but we believe most of the competitive advantages are derived from network effects, which tend to be one of the strongest moat sources.</p><p>As the largest food delivery platform, Meituan also enjoys some competitive advantages, including scale and network effects. We would argue, however, that Meituan&#39;s competitive moat is weaker than that of Alibaba&#39;s. While its food delivery is also two-sided, many restaurants prefer to operate on multiple platforms, and on the customers side as long as they can get their favorite two or three restaurants they don&#39;t have much loyalty to one platform or the other. This is reflected in the financials, with Meituan operating with heavy losses, just as Alibaba&#39;s Ele.me. One additional advantage that Meituan has is the support and cooperation of Tencent (OTCPK:TCEHY), since they have a strategic relationship.</p><h2>Financials</h2><p>In addition to the regulatory pressures, Alibaba&#39;s share price had been declining due to worsening financial results. Fortunately, the trend appears to be changing, with Alibaba delivering solid results in its more recent quarter. In Q4 Non-GAAP earnings per ADS of RMB 7.95 beat by RMB 0.78, and revenue of RMB 204.05B (+8.9% Y/Y) beat by RMB 4.62B. Annual active consumers across the world reached ~1.31 billion for the twelve months ended March 31, 2022. These were strong results, especially considering that since mid-March 2022 Alibaba&#39;s businesses were significantly affected by the Covid resurgence in China. That is the reason it did not deem prudent to provide financial guidance.</p><p>Meanwhile, Meituan has continued posting heavy losses. While it reported somewhat better than expected revenue, we still do not see a clear path to profitability for the company. It is possible that Meituan will change its strategy from growth at all cost to seek profitability by curbing unprofitable expansion. We are also concerned that Meituan’s core food delivery business might be reaching saturation. The number of users this quarter was 692.9 million, from 690.5 million last quarter, which means the platform only saw a net gain of 2.4 million users. For comparison, the platform gained on average 49 million users per quarter in 2021. Meituan expects food delivery revenue to increase around 9%-10% year over year, but for volume to remain flat. Overall, we find its results disappointing, and do not see a clear path to profitability for the company, especially with slowing growth and signs of market saturation.</p><p>Comparing the trailing twelve months revenue for both companies, we can see that Alibaba is a much larger company, with revenue of ~$132 billion to Meituan&#39;s ~$27 billion.</p><p></p><p><img src=\"https://static.tigerbbs.com/84a175d49bcda775dabec379f30f46b7\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Both Meituan and Alibaba have seen their growth rates decelerate significantly, as can be seen below. The difference, in our opinion, is that Alibaba&#39;s valuation is already attractive even at lower growth rates, whereas Meituan has very little appeal other than hyper growth.</p><p></p><p><img src=\"https://static.tigerbbs.com/096613e0f368e3ac3941803604b4fc4f\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Looking at profit margins, it is clear the Alibaba is the superior company of the two. It has gross margins that are almost 50% higher compared to those of Meituan, and it has a solid operating margin, while Meituan is posting operational losses.</p><p></p><p><img src=\"https://static.tigerbbs.com/0ae357aaa957ed41d389a1a694242cb8\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Both companies have substantial net cash positions, but Meituan will need its cash to continue financing its losses while it remains unprofitable, while Alibaba is free to use that cash for other purposes, such as share repurchases. For the last year, Alibaba has been doing stock buybacks in a meaningful way, compensating for share based compensation and reducing shares outstanding overall.</p><p></p><p><img src=\"https://static.seekingalpha.com/uploads/2022/6/13/saupload_c96bb16b461a62b7b757abd189af021c.png\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Alibaba and Meituan both have negative net total long-term debt (i.e., net cash positions), but Alibaba&#39;s available cash is about 5x that of Meituan. Between the net cash position, and the solid profitability, we are not concerned about Alibaba&#39;s balance sheet. Meituan&#39;s balance sheet is also strong for the moment, but it will really need that cash to continue financing its negative cash from operations.</p><p></p><p><img src=\"https://static.seekingalpha.com/uploads/2022/6/11/saupload_74e17e3b9c40012730c034056ad9ee3a.png\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><h2>Valuation</h2><p>Surprisingly, despite the much larger revenue and much better margins, Alibaba only has about 2x the market cap.</p><p></p><p><img src=\"https://static.seekingalpha.com/uploads/2022/6/11/saupload_186a4805384591c0d12d7915cef98a52.png\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Alibaba has a low valuation with an EV/EBITDA ratio of ~13.74x, which for a rapidly growing tech company, we would argue is incredible. Meituan has very little EBITDA, and as we previously discussed, has significant operational losses, particularly as a result of its &#34;new initiatives&#34; segment.</p><p></p><p><img src=\"https://static.tigerbbs.com/c04f16b4be20313fe346c71225d3f767\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Given the disparity of their profitability situation, it is easier to compare the two companies using EV/Revenues. Using this metric, it is clear that Alibaba is also the one with a more attractive valuation, with only a ~2x multiple.</p><p></p><p><img src=\"https://static.seekingalpha.com/uploads/2022/6/11/saupload_d246a59c0bf08aa6c596fbc7f481a591.png\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><h2>Risks</h2><p>The main risk we see is that shares of Meituan in the US are traded in OTC, so they have low liquidity. This pair trade idea would ideally be implemented in the Hong Kong stock exchange, where both Alibaba and Meituan trade. In Hong Kong, Alibaba trades under the ticker 09988, and Meituan Class B under ticker 03690.</p><p>Beyond this practical risk, there are the typical risks with a pair trade, which include the possibility that the valuation discrepancy between the two might increase, or that even if the valuation gap closes, it might take a very long time, reducing the annual rate of return. Finally, we are assuming that regulatory risks would more or less impact both companies to a similar degree, which could turn out not to be the case.</p><h2>Conclusion</h2><p>We believe a smart way to invest in Alibaba while seeking to remove the regulatory risks is to implement a pair trade buying Alibaba and selling Meituan. This also has the benefit of reducing the exposure to Alibaba&#39;s food delivery business, Ele.me, which is one of the Alibaba&#39;s business segments we like the least. The pair trade is predicated on the idea that there is a valuation gap between the companies that we expect to close in Alibaba&#39;s favor, and that they are both exposed to similar degrees to regulatory risks. Should the regulatory risks materialize, losses in the Alibaba investment should in theory more or less be compensated by gains in the Meituan position. This way, one could benefit from Alibaba&#39;s bargain valuation, while mitigating the regulatory risks.</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>Alibaba Without Regulatory Risks? Buy Alibaba Sell Meituan</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\">\nAlibaba Without Regulatory Risks? Buy Alibaba Sell Meituan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-13 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4518020-alibaba-without-regulatory-risks-buy-alibaba-sell-meituan><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We've been watching Alibaba (NYSE:BABA) for some time, as we've been impressed by its growth and profitability. As many other investors, we have been hesitating whether to invest or not due to the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4518020-alibaba-without-regulatory-risks-buy-alibaba-sell-meituan\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W","MPNGY":"美团ADR","03690":"美团-W"},"source_url":"https://seekingalpha.com/article/4518020-alibaba-without-regulatory-risks-buy-alibaba-sell-meituan","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243632643","content_text":"We've been watching Alibaba (NYSE:BABA) for some time, as we've been impressed by its growth and profitability. As many other investors, we have been hesitating whether to invest or not due to the many regulatory risks the company is facing. That said, one option we are considering is to do a pair trade with another Chinese company where we believe we are able to subtract some elements of the investment in Alibaba we don't like, while maintaining most of what we do like. We believe one of the best options to implement this pair trade idea with is Meituan (OTCPK:MPNGY) for a number of reasons. Both these companies are under anticompetitive watch by the Chinese government, both utilize the controversial VIE structure (as basically all other Chinese companies trading in the US markets), and both have de-listing risk if the Chinese and American governments do not reach an agreement on information disclosures.Company OverviewsWe are assuming most readers are familiar with the companies, especially with Alibaba, but for the benefit of those that don't we'll very quickly provide an overview of what each of these companies does.Alibaba's main businesses are in e-commerce with the T-mall and Taobao platforms, but it is also strong in cloud computing, digital media, entertainment, and payments through financial services platform Ant Financial. Ant Financial is the largest online financial service provider in China, with over 50% of the $16 trillion online payments market (30x the US). The group’s mission is to make it easy to do business anywhere.Meituan Dianping is an online marketplace for the local service industry in China. It operates in more than 200 categories in 2,800 cities with dominant market shares in on-demand restaurant delivery, in-store dining, hotel booking and film ticketing. Its main business is food delivery (i.e. the Uber Eats of China). It competes directly with Alibaba's subsidiary Ele.me.Competitive AdvantagesAlibaba has a huge competitive moat, resulting mostly from network effects, as its most important businesses are two-sided platforms. In the case of the e-commerce platforms T-mall and Taobao, the network effect is the result of sellers going to where most buyers are found, and most buyers going to where there is more selection with more sellers. In Alipay's case, most merchants will want to accept the payment option that most customers use, and most users will want to employ the app that most merchants accept. Due to the size and quality of its marketplaces and its Alipay network, Alibaba's competitive moat is extremely strong. There are other moat sources, such as powerful brands and scale advantages, but we believe most of the competitive advantages are derived from network effects, which tend to be one of the strongest moat sources.As the largest food delivery platform, Meituan also enjoys some competitive advantages, including scale and network effects. We would argue, however, that Meituan's competitive moat is weaker than that of Alibaba's. While its food delivery is also two-sided, many restaurants prefer to operate on multiple platforms, and on the customers side as long as they can get their favorite two or three restaurants they don't have much loyalty to one platform or the other. This is reflected in the financials, with Meituan operating with heavy losses, just as Alibaba's Ele.me. One additional advantage that Meituan has is the support and cooperation of Tencent (OTCPK:TCEHY), since they have a strategic relationship.FinancialsIn addition to the regulatory pressures, Alibaba's share price had been declining due to worsening financial results. Fortunately, the trend appears to be changing, with Alibaba delivering solid results in its more recent quarter. In Q4 Non-GAAP earnings per ADS of RMB 7.95 beat by RMB 0.78, and revenue of RMB 204.05B (+8.9% Y/Y) beat by RMB 4.62B. Annual active consumers across the world reached ~1.31 billion for the twelve months ended March 31, 2022. These were strong results, especially considering that since mid-March 2022 Alibaba's businesses were significantly affected by the Covid resurgence in China. That is the reason it did not deem prudent to provide financial guidance.Meanwhile, Meituan has continued posting heavy losses. While it reported somewhat better than expected revenue, we still do not see a clear path to profitability for the company. It is possible that Meituan will change its strategy from growth at all cost to seek profitability by curbing unprofitable expansion. We are also concerned that Meituan’s core food delivery business might be reaching saturation. The number of users this quarter was 692.9 million, from 690.5 million last quarter, which means the platform only saw a net gain of 2.4 million users. For comparison, the platform gained on average 49 million users per quarter in 2021. Meituan expects food delivery revenue to increase around 9%-10% year over year, but for volume to remain flat. Overall, we find its results disappointing, and do not see a clear path to profitability for the company, especially with slowing growth and signs of market saturation.Comparing the trailing twelve months revenue for both companies, we can see that Alibaba is a much larger company, with revenue of ~$132 billion to Meituan's ~$27 billion.Data by YChartsBoth Meituan and Alibaba have seen their growth rates decelerate significantly, as can be seen below. The difference, in our opinion, is that Alibaba's valuation is already attractive even at lower growth rates, whereas Meituan has very little appeal other than hyper growth.Data by YChartsLooking at profit margins, it is clear the Alibaba is the superior company of the two. It has gross margins that are almost 50% higher compared to those of Meituan, and it has a solid operating margin, while Meituan is posting operational losses.Data by YChartsBoth companies have substantial net cash positions, but Meituan will need its cash to continue financing its losses while it remains unprofitable, while Alibaba is free to use that cash for other purposes, such as share repurchases. For the last year, Alibaba has been doing stock buybacks in a meaningful way, compensating for share based compensation and reducing shares outstanding overall.Data by YChartsAlibaba and Meituan both have negative net total long-term debt (i.e., net cash positions), but Alibaba's available cash is about 5x that of Meituan. Between the net cash position, and the solid profitability, we are not concerned about Alibaba's balance sheet. Meituan's balance sheet is also strong for the moment, but it will really need that cash to continue financing its negative cash from operations.Data by YChartsValuationSurprisingly, despite the much larger revenue and much better margins, Alibaba only has about 2x the market cap.Data by YChartsAlibaba has a low valuation with an EV/EBITDA ratio of ~13.74x, which for a rapidly growing tech company, we would argue is incredible. Meituan has very little EBITDA, and as we previously discussed, has significant operational losses, particularly as a result of its \"new initiatives\" segment.Data by YChartsGiven the disparity of their profitability situation, it is easier to compare the two companies using EV/Revenues. Using this metric, it is clear that Alibaba is also the one with a more attractive valuation, with only a ~2x multiple.Data by YChartsRisksThe main risk we see is that shares of Meituan in the US are traded in OTC, so they have low liquidity. This pair trade idea would ideally be implemented in the Hong Kong stock exchange, where both Alibaba and Meituan trade. In Hong Kong, Alibaba trades under the ticker 09988, and Meituan Class B under ticker 03690.Beyond this practical risk, there are the typical risks with a pair trade, which include the possibility that the valuation discrepancy between the two might increase, or that even if the valuation gap closes, it might take a very long time, reducing the annual rate of return. Finally, we are assuming that regulatory risks would more or less impact both companies to a similar degree, which could turn out not to be the case.ConclusionWe believe a smart way to invest in Alibaba while seeking to remove the regulatory risks is to implement a pair trade buying Alibaba and selling Meituan. This also has the benefit of reducing the exposure to Alibaba's food delivery business, Ele.me, which is one of the Alibaba's business segments we like the least. The pair trade is predicated on the idea that there is a valuation gap between the companies that we expect to close in Alibaba's favor, and that they are both exposed to similar degrees to regulatory risks. Should the regulatory risks materialize, losses in the Alibaba investment should in theory more or less be compensated by gains in the Meituan position. This way, one could benefit from Alibaba's bargain valuation, while mitigating the regulatory risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052108470,"gmtCreate":1655132735790,"gmtModify":1676535567614,"author":{"id":"3586515468962759","authorId":"3586515468962759","name":"ShawnTan1978","avatar":"https://static.tigerbbs.com/04f0102b6947598a9fd554679922a9f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586515468962759","authorIdStr":"3586515468962759"},"themes":[],"htmlText":"Buy micron , AMD , Intel. Don't say I don't give you all tips&nbsp;","listText":"Buy micron , AMD , Intel. Don't say I don't give you all tips&nbsp;","text":"Buy micron , AMD , Intel. Don't say I don't give you all tips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052108470","repostId":"1115581200","repostType":4,"repost":{"id":"1115581200","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":1655128500,"share":"https://ttm.financial/m/news/1115581200?lang=&edition=fundamental","pubTime":"2022-06-13 21:55","market":"us","language":"en","title":"Semiconductor Stocks Slid in Morning Trading, with Nvidia and AMD Falling About 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1115581200","media":"Tiger Newspress","summary":"Semiconductor stocks slid in morning trading, with Nvidia and AMD falling about 5%.","content":"<html><head></head><body><p>Semiconductor stocks slid in morning trading, with Nvidia and AMD falling about 5%.<img src=\"https://static.tigerbbs.com/d9bfca7e65bcb04e802cbc865f583268\" tg-width=\"320\" tg-height=\"354\" width=\"100%\" height=\"auto\"/></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>Semiconductor Stocks Slid in Morning Trading, with Nvidia and AMD Falling About 5%</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\">\nSemiconductor Stocks Slid in Morning Trading, with Nvidia and AMD Falling About 5%\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\">2022-06-13 21:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor stocks slid in morning trading, with Nvidia and AMD falling about 5%.<img src=\"https://static.tigerbbs.com/d9bfca7e65bcb04e802cbc865f583268\" tg-width=\"320\" tg-height=\"354\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","AMD":"美国超微公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115581200","content_text":"Semiconductor stocks slid in morning trading, with Nvidia and AMD falling about 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9052108470,"gmtCreate":1655132735790,"gmtModify":1676535567614,"author":{"id":"3586515468962759","authorId":"3586515468962759","name":"ShawnTan1978","avatar":"https://static.tigerbbs.com/04f0102b6947598a9fd554679922a9f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586515468962759","authorIdStr":"3586515468962759"},"themes":[],"htmlText":"Buy micron , AMD , Intel. Don't say I don't give you all tips&nbsp;","listText":"Buy micron , AMD , Intel. Don't say I don't give you all tips&nbsp;","text":"Buy micron , AMD , Intel. Don't say I don't give you all tips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052108470","repostId":"1115581200","repostType":4,"repost":{"id":"1115581200","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":1655128500,"share":"https://ttm.financial/m/news/1115581200?lang=&edition=fundamental","pubTime":"2022-06-13 21:55","market":"us","language":"en","title":"Semiconductor Stocks Slid in Morning Trading, with Nvidia and AMD Falling About 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1115581200","media":"Tiger Newspress","summary":"Semiconductor stocks slid in morning trading, with Nvidia and AMD falling about 5%.","content":"<html><head></head><body><p>Semiconductor stocks slid in morning trading, with Nvidia and AMD falling about 5%.<img src=\"https://static.tigerbbs.com/d9bfca7e65bcb04e802cbc865f583268\" tg-width=\"320\" tg-height=\"354\" width=\"100%\" height=\"auto\"/></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>Semiconductor Stocks Slid in Morning Trading, with Nvidia and AMD Falling About 5%</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: 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\">\nSemiconductor Stocks Slid in Morning Trading, with Nvidia and AMD Falling About 5%\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\">2022-06-13 21:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor stocks slid in morning trading, with Nvidia and AMD falling about 5%.<img src=\"https://static.tigerbbs.com/d9bfca7e65bcb04e802cbc865f583268\" tg-width=\"320\" tg-height=\"354\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","AMD":"美国超微公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115581200","content_text":"Semiconductor stocks slid in morning trading, with Nvidia and AMD falling about 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054205198,"gmtCreate":1655389691214,"gmtModify":1676535628475,"author":{"id":"3586515468962759","authorId":"3586515468962759","name":"ShawnTan1978","avatar":"https://static.tigerbbs.com/04f0102b6947598a9fd554679922a9f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586515468962759","authorIdStr":"3586515468962759"},"themes":[],"htmlText":"Tell me something which I don't know.","listText":"Tell me something which I don't know.","text":"Tell me something which I don't know.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054205198","repostId":"2243910364","repostType":2,"repost":{"id":"2243910364","kind":"highlight","pubTimestamp":1655391932,"share":"https://ttm.financial/m/news/2243910364?lang=&edition=fundamental","pubTime":"2022-06-16 23:05","market":"us","language":"en","title":"2 Analysts Come to Only 1 Conclusion About NIO Stock: It’s a Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2243910364","media":"TipRanks","summary":"As stock markets cautiously peeked back into \"green\" territory after Monday's astounding selloff, shares of $one$ company in particular raced ahead of the pack: Chinese electric vehicle maker Nio Inc. .Less than a week after reporting its Q1 financial results (vehicle deliveries up 28.5% year-over-year, and revenues up 24.2% -- but losses up 295%!","content":"<div>\n<p>As stock markets cautiously peeked back into \"green\" territory after Monday's astounding selloff, shares of one company in particular raced ahead of the pack: Chinese electric vehicle maker Nio Inc. (...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-analysts-come-only-1-170506304.html\">Web Link</a>\n\n</div>\n","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>2 Analysts Come to Only 1 Conclusion About NIO Stock: It’s a Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Analysts Come to Only 1 Conclusion About NIO Stock: It’s a Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-16 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-analysts-come-only-1-170506304.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As stock markets cautiously peeked back into \"green\" territory after Monday's astounding selloff, shares of one company in particular raced ahead of the pack: Chinese electric vehicle maker Nio Inc. (...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-analysts-come-only-1-170506304.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://finance.yahoo.com/news/2-analysts-come-only-1-170506304.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243910364","content_text":"As stock markets cautiously peeked back into \"green\" territory after Monday's astounding selloff, shares of one company in particular raced ahead of the pack: Chinese electric vehicle maker Nio Inc. (NIO).Less than a week after reporting its Q1 financial results (vehicle deliveries up 28.5% year-over-year, and revenues up 24.2% -- but losses up 295%!), Nio worked to change the story Tuesday, by announcing it will launch a new product on Wednesday, and meeting with analysts to give them some insight into what's coming up next.And indeed, the company held a Product Launch Event today, which unveiled the ES7, a new mid-to-large five-seater SUV based on NIO Technology 2.0 (NT2.0).Deutsche Bank analyst Edison Yu writes that despite Nio's disappointing earnings last quarter, \"NIO is embarking on the most important product cycle in the company's history.\"The analyst continued, \"Volumes have been under pressure over the past few quarters due to operational bottlenecks and COVID lock-downs, but... NIO has fully returned to normal production levels [and now] deliveries are on track to increase from 7k/month in May to 25k exiting the year.\" That's a significant number -- 25,000 cars built per month -- given that Nio barely made 25,000 deliveries in all its first three months. And assuming Nio hits this target, Yu forecasts the company could deliver 160,000 EVs this year, and twice that -- 320,000 units -- in 2023.In Yu's view, Nio's ET7 and ET5 electric sedans are likely to be \"the most desired cars in the China premium market this year\" -- meaning they'll be even more popular than Teslas.To this end, Yu rates Nio shares a Buy and has a $45 price target on this $19 stock.Next up: Morgan Stanley analyst Tim Hsiao.Like Yu, Hsiao is optimistic about Nio stock, albeit a bit less enthusiastic than his counterpart. Hsiao rates Nio stock Overweight (i.e. buy), but with only a $31 price target. (Hsiao's track record)As Hsiao explains, Nio will experience \"inevitable... near-term margin pain\" in Q2. However, sales look to be trending up once Q2 is past, and Hsiao actually thinks Nio could be producing as many as 30,000 electric cars per month by the end of this year -- 20% more than Yu thinks likely.Added to Nio's stable of other electric vehicles -- the ES8, ES6, EC6, and ET7 -- Hsiao sees the ES7 contributing to a bright future for Nio after it gets through Q2 and its \"margin pressure.\"In short, bad as earnings were in Q1, and despite the risk that Q2 will show more bumps in the road, both these analysts like Nio stock quite a lot -- and see a lot of upside in the shares. (See NIO stock forecast on TipRanks)","news_type":1},"isVote":1,"tweetType":1,"viewCount":517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052102899,"gmtCreate":1655132852111,"gmtModify":1676535567638,"author":{"id":"3586515468962759","authorId":"3586515468962759","name":"ShawnTan1978","avatar":"https://static.tigerbbs.com/04f0102b6947598a9fd554679922a9f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586515468962759","authorIdStr":"3586515468962759"},"themes":[],"htmlText":"Believe u i bankrupt faster","listText":"Believe u i bankrupt faster","text":"Believe u i bankrupt faster","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052102899","repostId":"2242245215","repostType":4,"repost":{"id":"2242245215","kind":"highlight","pubTimestamp":1655110921,"share":"https://ttm.financial/m/news/2242245215?lang=&edition=fundamental","pubTime":"2022-06-13 17:02","market":"us","language":"en","title":"3 Great Dividend Stocks You Can Buy for Less Than $50","url":"https://stock-news.laohu8.com/highlight/detail?id=2242245215","media":"Motley Fool","summary":"These low-priced dividend stocks enable investors to maximize their income yield.","content":"<html><head></head><body><p>You don&#39;t need much money to generate passive income from the stock market. Many high-quality dividend stocks sell for less than $50 a share. That allows you to put even a little bit of money to work generating income.</p><p>Three great dividend stocks with low share prices are <b><a href=\"https://laohu8.com/S/MPW\">Medical Properties Trust</a></b>, <b>Kinder Morgan</b>, and <b><a href=\"https://laohu8.com/S/STOR\">STORE Capital</a></b>. With stock prices currently in the $16 to $26 range, and above-average dividend yields, they can help investors maximize their ability to earn dividend income.</p><h2>A healthy dividend</h2><p>Medical Properties Trust is a real estate investment trust (REIT) that focuses on owning hospitals. It leases these facilities to healthcare companies, supplying it with steady rental income to pay its dividend. The healthcare REIT currently offers a 7.3% dividend yield on its $16 stock price.</p><p>One of the great things about this dividend is that Medical Properties Trust has steadily increased it each year; the REIT delivered its ninth straight year of dividend increases in 2022. The company has been able to steadily increase its dividend by continuing to acquire income-producing hospital real estate.</p><p>The REIT expects to acquire another $1 billion to $3 billion of properties this year. Those deals should enable it to continue growing its dividend. Meanwhile, it has lots of growth ahead, given its estimates that there&#39;s $500 billion to $750 billion of owner-occupied hospital real estate in the U.S. alone. That provides the REIT with a vast opportunity set to drive future dividend growth.</p><h2>Plenty of fuel to keep growing the dividend</h2><p>Kinder Morgan is a leading natural gas pipeline company. It gets paid steady fees as natural gas and other commodities travel through its pipelines and related infrastructure. That gives Kinder Morgan stable cash flow to support its dividend, which yields 5.8% at the current $19 stock price.</p><p>Kinder Morgan has increased its dividend payment in each of the last five years, and it should have plenty of fuel to grow the dividend in the future. The natural gas pipeline giant currently produces enough cash to cover its high-yielding dividend and its expansion program, with room to spare. With those expansion projects growing its cash flow, Kinder Morgan will have more money to increase the dividend.</p><p>The company expects to be able to continue growing its natural gas infrastructure footprint. Russia&#39;s invasion of Ukraine is forcing counties to prioritize energy security, leading them to secure more liquefied natural gas (LNG) supplies from the U.S. That should give Kinder Morgan more opportunities to expand its natural gas infrastructure in the coming years, supporting its ability to keep increasing the dividend.</p><h2>Profitable properties</h2><p>STORE Capital is another REIT that pays an attractive dividend. It currently offers a 5.9% yield on its $26 stock price.</p><p>The REIT has steadily increased its dividend since its initial public offering in 2014. It has given investors a raise every year, growing the payout at a 6.1% compound annual rate during that time frame.</p><p>One of the keys to STORE Capital&#39;s success is its focus on acquiring properties crucial to the profits of the tenants operating them. These include manufacturing sites, service-oriented retail properties (like furniture stores and automotive dealers), and service-related real estate (such as restaurants, medical offices, education buildings, and health clubs). STORE Capital&#39;s focus on profit-center real estate means its tenants are more likely to continue to pay rent so they don&#39;t lose access to a profitable location.</p><h2>Great ways to start putting your money to work</h2><p>The stock market makes it easy to start earning passive income. Thanks to their low share prices, it would cost just over $60 to buy <a href=\"https://laohu8.com/S/AONE.U\">one</a> share each of Medical Properties Trust, Kinder Morgan, <i>and</i> STORE Capital. That would allow investors to put their money to work making more money, since these companies pay attractive dividends that they&#39;ve steadily increased over the years.</p></body></html>","source":"fool_stock","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>3 Great Dividend Stocks You Can Buy for Less Than $50</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\">\n3 Great Dividend Stocks You Can Buy for Less Than $50\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-13 17:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/12/3-great-dividend-stocks-you-can-buy-for-less-than/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You don't need much money to generate passive income from the stock market. Many high-quality dividend stocks sell for less than $50 a share. That allows you to put even a little bit of money to work ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/12/3-great-dividend-stocks-you-can-buy-for-less-than/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KMI":"金德尔摩根","STOR":"STORE Capital","MPW":"Medical Properties Trust"},"source_url":"https://www.fool.com/investing/2022/06/12/3-great-dividend-stocks-you-can-buy-for-less-than/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2242245215","content_text":"You don't need much money to generate passive income from the stock market. Many high-quality dividend stocks sell for less than $50 a share. That allows you to put even a little bit of money to work generating income.Three great dividend stocks with low share prices are Medical Properties Trust, Kinder Morgan, and STORE Capital. With stock prices currently in the $16 to $26 range, and above-average dividend yields, they can help investors maximize their ability to earn dividend income.A healthy dividendMedical Properties Trust is a real estate investment trust (REIT) that focuses on owning hospitals. It leases these facilities to healthcare companies, supplying it with steady rental income to pay its dividend. The healthcare REIT currently offers a 7.3% dividend yield on its $16 stock price.One of the great things about this dividend is that Medical Properties Trust has steadily increased it each year; the REIT delivered its ninth straight year of dividend increases in 2022. The company has been able to steadily increase its dividend by continuing to acquire income-producing hospital real estate.The REIT expects to acquire another $1 billion to $3 billion of properties this year. Those deals should enable it to continue growing its dividend. Meanwhile, it has lots of growth ahead, given its estimates that there's $500 billion to $750 billion of owner-occupied hospital real estate in the U.S. alone. That provides the REIT with a vast opportunity set to drive future dividend growth.Plenty of fuel to keep growing the dividendKinder Morgan is a leading natural gas pipeline company. It gets paid steady fees as natural gas and other commodities travel through its pipelines and related infrastructure. That gives Kinder Morgan stable cash flow to support its dividend, which yields 5.8% at the current $19 stock price.Kinder Morgan has increased its dividend payment in each of the last five years, and it should have plenty of fuel to grow the dividend in the future. The natural gas pipeline giant currently produces enough cash to cover its high-yielding dividend and its expansion program, with room to spare. With those expansion projects growing its cash flow, Kinder Morgan will have more money to increase the dividend.The company expects to be able to continue growing its natural gas infrastructure footprint. Russia's invasion of Ukraine is forcing counties to prioritize energy security, leading them to secure more liquefied natural gas (LNG) supplies from the U.S. That should give Kinder Morgan more opportunities to expand its natural gas infrastructure in the coming years, supporting its ability to keep increasing the dividend.Profitable propertiesSTORE Capital is another REIT that pays an attractive dividend. It currently offers a 5.9% yield on its $26 stock price.The REIT has steadily increased its dividend since its initial public offering in 2014. It has given investors a raise every year, growing the payout at a 6.1% compound annual rate during that time frame.One of the keys to STORE Capital's success is its focus on acquiring properties crucial to the profits of the tenants operating them. These include manufacturing sites, service-oriented retail properties (like furniture stores and automotive dealers), and service-related real estate (such as restaurants, medical offices, education buildings, and health clubs). STORE Capital's focus on profit-center real estate means its tenants are more likely to continue to pay rent so they don't lose access to a profitable location.Great ways to start putting your money to workThe stock market makes it easy to start earning passive income. Thanks to their low share prices, it would cost just over $60 to buy one share each of Medical Properties Trust, Kinder Morgan, and STORE Capital. That would allow investors to put their money to work making more money, since these companies pay attractive dividends that they've steadily increased over the years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052102050,"gmtCreate":1655132829870,"gmtModify":1676535567630,"author":{"id":"3586515468962759","authorId":"3586515468962759","name":"ShawnTan1978","avatar":"https://static.tigerbbs.com/04f0102b6947598a9fd554679922a9f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586515468962759","authorIdStr":"3586515468962759"},"themes":[],"htmlText":"Want get rich don't buy SG stock.","listText":"Want get rich don't buy SG stock.","text":"Want get rich don't buy SG stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052102050","repostId":"1107320034","repostType":4,"repost":{"id":"1107320034","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":1655115968,"share":"https://ttm.financial/m/news/1107320034?lang=&edition=fundamental","pubTime":"2022-06-13 18:26","market":"sg","language":"en","title":"Singapore Stocks Drop 1.33% along with Regional Key Indices","url":"https://stock-news.laohu8.com/highlight/detail?id=1107320034","media":"Tiger Newspress","summary":"SINGAPORE’s stock market was in the red on Monday (Jun 13), alongside most regional key indices that","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/3b3364f51e2fd8cddb19f22de7bcf870\" tg-width=\"440\" tg-height=\"293\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>SINGAPORE’s stock market was in the red on Monday (Jun 13), alongside most regional key indices that were savaged by fears of bigger policy rate hikes by the United States and China’s possibly re-imposing new lockdowns to stem the coronavirus.</p><p>The key gauge Straits Times Index (STI) slid 1.33 per cent or 42.38 points to 3,139.35, with only 3 counters having managed to escape unscathed.Singtel : Z74 +0.79%trading cum dividend rose 0.79 per cent to S$2.54,Sembcorp Industries : U96 +0.36%was 0.36 per cent higher at S$2.79, andDFI Retail Group : D01 0%(formerly Dairy Farm International) was flat at US$2.90.</p><p>Yeap Jun Rong, market strategist at IG, pointed out that last week’s sell-off has marked a break below a key downward trendline, which has been supporting the STI on at least 7 occasions since November 2020.</p><p>“A break below the trendline may suggest bearish sentiments taking greater control and that may leave the 3,000 psychological level on watch over the longer term,” said Yeap.</p><p>The broader market painted a similar picture, with the number of decliners more than double that of gainers at 407 to 151, as 1.65 billion securities worth a total of S$1.44 billion were traded.</p><p>As its controversial proposed merger with Keppel Offshore and Marine is thrust into the spotlight by a minority shareholder who is staging a campaign to vote against the move,Sembcorp Marine : S51 -4.2%was the most active counter on a turnover of 124.9 million shares and closed 4.2 per cent down to S$0.114.</p><p>Electric vehicle companyNio : NIO -7.97%shares were down 7.97 per cent at US$ 17.90, despite the China-based maker reporting a smaller quarterly loss of 1.8 billion yuan (S$370 million) last week.</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>Singapore Stocks Drop 1.33% along with Regional Key Indices</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\">\nSingapore Stocks Drop 1.33% along with Regional Key Indices\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\">2022-06-13 18:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/3b3364f51e2fd8cddb19f22de7bcf870\" tg-width=\"440\" tg-height=\"293\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>SINGAPORE’s stock market was in the red on Monday (Jun 13), alongside most regional key indices that were savaged by fears of bigger policy rate hikes by the United States and China’s possibly re-imposing new lockdowns to stem the coronavirus.</p><p>The key gauge Straits Times Index (STI) slid 1.33 per cent or 42.38 points to 3,139.35, with only 3 counters having managed to escape unscathed.Singtel : Z74 +0.79%trading cum dividend rose 0.79 per cent to S$2.54,Sembcorp Industries : U96 +0.36%was 0.36 per cent higher at S$2.79, andDFI Retail Group : D01 0%(formerly Dairy Farm International) was flat at US$2.90.</p><p>Yeap Jun Rong, market strategist at IG, pointed out that last week’s sell-off has marked a break below a key downward trendline, which has been supporting the STI on at least 7 occasions since November 2020.</p><p>“A break below the trendline may suggest bearish sentiments taking greater control and that may leave the 3,000 psychological level on watch over the longer term,” said Yeap.</p><p>The broader market painted a similar picture, with the number of decliners more than double that of gainers at 407 to 151, as 1.65 billion securities worth a total of S$1.44 billion were traded.</p><p>As its controversial proposed merger with Keppel Offshore and Marine is thrust into the spotlight by a minority shareholder who is staging a campaign to vote against the move,Sembcorp Marine : S51 -4.2%was the most active counter on a turnover of 124.9 million shares and closed 4.2 per cent down to S$0.114.</p><p>Electric vehicle companyNio : NIO -7.97%shares were down 7.97 per cent at US$ 17.90, despite the China-based maker reporting a smaller quarterly loss of 1.8 billion yuan (S$370 million) last week.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107320034","content_text":"SINGAPORE’s stock market was in the red on Monday (Jun 13), alongside most regional key indices that were savaged by fears of bigger policy rate hikes by the United States and China’s possibly re-imposing new lockdowns to stem the coronavirus.The key gauge Straits Times Index (STI) slid 1.33 per cent or 42.38 points to 3,139.35, with only 3 counters having managed to escape unscathed.Singtel : Z74 +0.79%trading cum dividend rose 0.79 per cent to S$2.54,Sembcorp Industries : U96 +0.36%was 0.36 per cent higher at S$2.79, andDFI Retail Group : D01 0%(formerly Dairy Farm International) was flat at US$2.90.Yeap Jun Rong, market strategist at IG, pointed out that last week’s sell-off has marked a break below a key downward trendline, which has been supporting the STI on at least 7 occasions since November 2020.“A break below the trendline may suggest bearish sentiments taking greater control and that may leave the 3,000 psychological level on watch over the longer term,” said Yeap.The broader market painted a similar picture, with the number of decliners more than double that of gainers at 407 to 151, as 1.65 billion securities worth a total of S$1.44 billion were traded.As its controversial proposed merger with Keppel Offshore and Marine is thrust into the spotlight by a minority shareholder who is staging a campaign to vote against the move,Sembcorp Marine : S51 -4.2%was the most active counter on a turnover of 124.9 million shares and closed 4.2 per cent down to S$0.114.Electric vehicle companyNio : NIO -7.97%shares were down 7.97 per cent at US$ 17.90, despite the China-based maker reporting a smaller quarterly loss of 1.8 billion yuan (S$370 million) last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052106185,"gmtCreate":1655132799147,"gmtModify":1676535567607,"author":{"id":"3586515468962759","authorId":"3586515468962759","name":"ShawnTan1978","avatar":"https://static.tigerbbs.com/04f0102b6947598a9fd554679922a9f8","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586515468962759","authorIdStr":"3586515468962759"},"themes":[],"htmlText":"I have been average up .. earn so much&nbsp;until my hands shaking&nbsp;","listText":"I have been average up .. earn so much&nbsp;until my hands shaking&nbsp;","text":"I have been average up .. earn so much until my hands shaking","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052106185","repostId":"2243632643","repostType":4,"repost":{"id":"2243632643","kind":"highlight","pubTimestamp":1655119518,"share":"https://ttm.financial/m/news/2243632643?lang=&edition=fundamental","pubTime":"2022-06-13 19:25","market":"hk","language":"en","title":"Alibaba Without Regulatory Risks? Buy Alibaba Sell Meituan","url":"https://stock-news.laohu8.com/highlight/detail?id=2243632643","media":"Seekingalpha","summary":"We've been watching Alibaba (NYSE:BABA) for some time, as we've been impressed by its growth and pro","content":"<html><head></head><body><p>We&#39;ve been watching Alibaba (NYSE:BABA) for some time, as we&#39;ve been impressed by its growth and profitability. As many other investors, we have been hesitating whether to invest or not due to the many regulatory risks the company is facing. That said, <a href=\"https://laohu8.com/S/AONE.U\">one</a> option we are considering is to do a pair trade with another Chinese company where we believe we are able to subtract some elements of the investment in Alibaba we don&#39;t like, while maintaining most of what we do like. We believe one of the best options to implement this pair trade idea with is Meituan (OTCPK:MPNGY) for a number of reasons. Both these companies are under anticompetitive watch by the Chinese government, both utilize the controversial VIE structure (as basically all other Chinese companies trading in the US markets), and both have de-listing risk if the Chinese and American governments do not reach an agreement on information disclosures.</p><h2>Company Overviews</h2><p>We are assuming most readers are familiar with the companies, especially with Alibaba, but for the benefit of those that don&#39;t we&#39;ll very quickly provide an overview of what each of these companies does.</p><p>Alibaba&#39;s main businesses are in e-commerce with the T-mall and Taobao platforms, but it is also strong in cloud computing, digital media, entertainment, and payments through financial services platform Ant Financial. Ant Financial is the largest online financial service provider in China, with over 50% of the $16 trillion online payments market (30x the US). The group’s mission is to make it easy to do business anywhere.</p><p>Meituan Dianping is an online marketplace for the local service industry in China. It operates in more than 200 categories in 2,800 cities with dominant market shares in on-demand restaurant delivery, in-store dining, hotel booking and film ticketing. Its main business is food delivery (i.e. the Uber Eats of China). It competes directly with Alibaba&#39;s subsidiary Ele.me.</p><h2>Competitive Advantages</h2><p>Alibaba has a huge competitive moat, resulting mostly from network effects, as its most important businesses are two-sided platforms. In the case of the e-commerce platforms T-mall and Taobao, the network effect is the result of sellers going to where most buyers are found, and most buyers going to where there is more selection with more sellers. In Alipay&#39;s case, most merchants will want to accept the payment option that most customers use, and most users will want to employ the app that most merchants accept. Due to the size and quality of its marketplaces and its Alipay network, Alibaba&#39;s competitive moat is extremely strong. There are other moat sources, such as powerful brands and scale advantages, but we believe most of the competitive advantages are derived from network effects, which tend to be one of the strongest moat sources.</p><p>As the largest food delivery platform, Meituan also enjoys some competitive advantages, including scale and network effects. We would argue, however, that Meituan&#39;s competitive moat is weaker than that of Alibaba&#39;s. While its food delivery is also two-sided, many restaurants prefer to operate on multiple platforms, and on the customers side as long as they can get their favorite two or three restaurants they don&#39;t have much loyalty to one platform or the other. This is reflected in the financials, with Meituan operating with heavy losses, just as Alibaba&#39;s Ele.me. One additional advantage that Meituan has is the support and cooperation of Tencent (OTCPK:TCEHY), since they have a strategic relationship.</p><h2>Financials</h2><p>In addition to the regulatory pressures, Alibaba&#39;s share price had been declining due to worsening financial results. Fortunately, the trend appears to be changing, with Alibaba delivering solid results in its more recent quarter. In Q4 Non-GAAP earnings per ADS of RMB 7.95 beat by RMB 0.78, and revenue of RMB 204.05B (+8.9% Y/Y) beat by RMB 4.62B. Annual active consumers across the world reached ~1.31 billion for the twelve months ended March 31, 2022. These were strong results, especially considering that since mid-March 2022 Alibaba&#39;s businesses were significantly affected by the Covid resurgence in China. That is the reason it did not deem prudent to provide financial guidance.</p><p>Meanwhile, Meituan has continued posting heavy losses. While it reported somewhat better than expected revenue, we still do not see a clear path to profitability for the company. It is possible that Meituan will change its strategy from growth at all cost to seek profitability by curbing unprofitable expansion. We are also concerned that Meituan’s core food delivery business might be reaching saturation. The number of users this quarter was 692.9 million, from 690.5 million last quarter, which means the platform only saw a net gain of 2.4 million users. For comparison, the platform gained on average 49 million users per quarter in 2021. Meituan expects food delivery revenue to increase around 9%-10% year over year, but for volume to remain flat. Overall, we find its results disappointing, and do not see a clear path to profitability for the company, especially with slowing growth and signs of market saturation.</p><p>Comparing the trailing twelve months revenue for both companies, we can see that Alibaba is a much larger company, with revenue of ~$132 billion to Meituan&#39;s ~$27 billion.</p><p></p><p><img src=\"https://static.tigerbbs.com/84a175d49bcda775dabec379f30f46b7\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Both Meituan and Alibaba have seen their growth rates decelerate significantly, as can be seen below. The difference, in our opinion, is that Alibaba&#39;s valuation is already attractive even at lower growth rates, whereas Meituan has very little appeal other than hyper growth.</p><p></p><p><img src=\"https://static.tigerbbs.com/096613e0f368e3ac3941803604b4fc4f\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Looking at profit margins, it is clear the Alibaba is the superior company of the two. It has gross margins that are almost 50% higher compared to those of Meituan, and it has a solid operating margin, while Meituan is posting operational losses.</p><p></p><p><img src=\"https://static.tigerbbs.com/0ae357aaa957ed41d389a1a694242cb8\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Both companies have substantial net cash positions, but Meituan will need its cash to continue financing its losses while it remains unprofitable, while Alibaba is free to use that cash for other purposes, such as share repurchases. For the last year, Alibaba has been doing stock buybacks in a meaningful way, compensating for share based compensation and reducing shares outstanding overall.</p><p></p><p><img src=\"https://static.seekingalpha.com/uploads/2022/6/13/saupload_c96bb16b461a62b7b757abd189af021c.png\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Alibaba and Meituan both have negative net total long-term debt (i.e., net cash positions), but Alibaba&#39;s available cash is about 5x that of Meituan. Between the net cash position, and the solid profitability, we are not concerned about Alibaba&#39;s balance sheet. Meituan&#39;s balance sheet is also strong for the moment, but it will really need that cash to continue financing its negative cash from operations.</p><p></p><p><img src=\"https://static.seekingalpha.com/uploads/2022/6/11/saupload_74e17e3b9c40012730c034056ad9ee3a.png\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><h2>Valuation</h2><p>Surprisingly, despite the much larger revenue and much better margins, Alibaba only has about 2x the market cap.</p><p></p><p><img src=\"https://static.seekingalpha.com/uploads/2022/6/11/saupload_186a4805384591c0d12d7915cef98a52.png\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Alibaba has a low valuation with an EV/EBITDA ratio of ~13.74x, which for a rapidly growing tech company, we would argue is incredible. Meituan has very little EBITDA, and as we previously discussed, has significant operational losses, particularly as a result of its &#34;new initiatives&#34; segment.</p><p></p><p><img src=\"https://static.tigerbbs.com/c04f16b4be20313fe346c71225d3f767\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Given the disparity of their profitability situation, it is easier to compare the two companies using EV/Revenues. Using this metric, it is clear that Alibaba is also the one with a more attractive valuation, with only a ~2x multiple.</p><p></p><p><img src=\"https://static.seekingalpha.com/uploads/2022/6/11/saupload_d246a59c0bf08aa6c596fbc7f481a591.png\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><h2>Risks</h2><p>The main risk we see is that shares of Meituan in the US are traded in OTC, so they have low liquidity. This pair trade idea would ideally be implemented in the Hong Kong stock exchange, where both Alibaba and Meituan trade. In Hong Kong, Alibaba trades under the ticker 09988, and Meituan Class B under ticker 03690.</p><p>Beyond this practical risk, there are the typical risks with a pair trade, which include the possibility that the valuation discrepancy between the two might increase, or that even if the valuation gap closes, it might take a very long time, reducing the annual rate of return. Finally, we are assuming that regulatory risks would more or less impact both companies to a similar degree, which could turn out not to be the case.</p><h2>Conclusion</h2><p>We believe a smart way to invest in Alibaba while seeking to remove the regulatory risks is to implement a pair trade buying Alibaba and selling Meituan. This also has the benefit of reducing the exposure to Alibaba&#39;s food delivery business, Ele.me, which is one of the Alibaba&#39;s business segments we like the least. The pair trade is predicated on the idea that there is a valuation gap between the companies that we expect to close in Alibaba&#39;s favor, and that they are both exposed to similar degrees to regulatory risks. Should the regulatory risks materialize, losses in the Alibaba investment should in theory more or less be compensated by gains in the Meituan position. This way, one could benefit from Alibaba&#39;s bargain valuation, while mitigating the regulatory risks.</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>Alibaba Without Regulatory Risks? Buy Alibaba Sell Meituan</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\">\nAlibaba Without Regulatory Risks? Buy Alibaba Sell Meituan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-13 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4518020-alibaba-without-regulatory-risks-buy-alibaba-sell-meituan><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We've been watching Alibaba (NYSE:BABA) for some time, as we've been impressed by its growth and profitability. As many other investors, we have been hesitating whether to invest or not due to the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4518020-alibaba-without-regulatory-risks-buy-alibaba-sell-meituan\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W","MPNGY":"美团ADR","03690":"美团-W"},"source_url":"https://seekingalpha.com/article/4518020-alibaba-without-regulatory-risks-buy-alibaba-sell-meituan","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243632643","content_text":"We've been watching Alibaba (NYSE:BABA) for some time, as we've been impressed by its growth and profitability. As many other investors, we have been hesitating whether to invest or not due to the many regulatory risks the company is facing. That said, one option we are considering is to do a pair trade with another Chinese company where we believe we are able to subtract some elements of the investment in Alibaba we don't like, while maintaining most of what we do like. We believe one of the best options to implement this pair trade idea with is Meituan (OTCPK:MPNGY) for a number of reasons. Both these companies are under anticompetitive watch by the Chinese government, both utilize the controversial VIE structure (as basically all other Chinese companies trading in the US markets), and both have de-listing risk if the Chinese and American governments do not reach an agreement on information disclosures.Company OverviewsWe are assuming most readers are familiar with the companies, especially with Alibaba, but for the benefit of those that don't we'll very quickly provide an overview of what each of these companies does.Alibaba's main businesses are in e-commerce with the T-mall and Taobao platforms, but it is also strong in cloud computing, digital media, entertainment, and payments through financial services platform Ant Financial. Ant Financial is the largest online financial service provider in China, with over 50% of the $16 trillion online payments market (30x the US). The group’s mission is to make it easy to do business anywhere.Meituan Dianping is an online marketplace for the local service industry in China. It operates in more than 200 categories in 2,800 cities with dominant market shares in on-demand restaurant delivery, in-store dining, hotel booking and film ticketing. Its main business is food delivery (i.e. the Uber Eats of China). It competes directly with Alibaba's subsidiary Ele.me.Competitive AdvantagesAlibaba has a huge competitive moat, resulting mostly from network effects, as its most important businesses are two-sided platforms. In the case of the e-commerce platforms T-mall and Taobao, the network effect is the result of sellers going to where most buyers are found, and most buyers going to where there is more selection with more sellers. In Alipay's case, most merchants will want to accept the payment option that most customers use, and most users will want to employ the app that most merchants accept. Due to the size and quality of its marketplaces and its Alipay network, Alibaba's competitive moat is extremely strong. There are other moat sources, such as powerful brands and scale advantages, but we believe most of the competitive advantages are derived from network effects, which tend to be one of the strongest moat sources.As the largest food delivery platform, Meituan also enjoys some competitive advantages, including scale and network effects. We would argue, however, that Meituan's competitive moat is weaker than that of Alibaba's. While its food delivery is also two-sided, many restaurants prefer to operate on multiple platforms, and on the customers side as long as they can get their favorite two or three restaurants they don't have much loyalty to one platform or the other. This is reflected in the financials, with Meituan operating with heavy losses, just as Alibaba's Ele.me. One additional advantage that Meituan has is the support and cooperation of Tencent (OTCPK:TCEHY), since they have a strategic relationship.FinancialsIn addition to the regulatory pressures, Alibaba's share price had been declining due to worsening financial results. Fortunately, the trend appears to be changing, with Alibaba delivering solid results in its more recent quarter. In Q4 Non-GAAP earnings per ADS of RMB 7.95 beat by RMB 0.78, and revenue of RMB 204.05B (+8.9% Y/Y) beat by RMB 4.62B. Annual active consumers across the world reached ~1.31 billion for the twelve months ended March 31, 2022. These were strong results, especially considering that since mid-March 2022 Alibaba's businesses were significantly affected by the Covid resurgence in China. That is the reason it did not deem prudent to provide financial guidance.Meanwhile, Meituan has continued posting heavy losses. While it reported somewhat better than expected revenue, we still do not see a clear path to profitability for the company. It is possible that Meituan will change its strategy from growth at all cost to seek profitability by curbing unprofitable expansion. We are also concerned that Meituan’s core food delivery business might be reaching saturation. The number of users this quarter was 692.9 million, from 690.5 million last quarter, which means the platform only saw a net gain of 2.4 million users. For comparison, the platform gained on average 49 million users per quarter in 2021. Meituan expects food delivery revenue to increase around 9%-10% year over year, but for volume to remain flat. Overall, we find its results disappointing, and do not see a clear path to profitability for the company, especially with slowing growth and signs of market saturation.Comparing the trailing twelve months revenue for both companies, we can see that Alibaba is a much larger company, with revenue of ~$132 billion to Meituan's ~$27 billion.Data by YChartsBoth Meituan and Alibaba have seen their growth rates decelerate significantly, as can be seen below. The difference, in our opinion, is that Alibaba's valuation is already attractive even at lower growth rates, whereas Meituan has very little appeal other than hyper growth.Data by YChartsLooking at profit margins, it is clear the Alibaba is the superior company of the two. It has gross margins that are almost 50% higher compared to those of Meituan, and it has a solid operating margin, while Meituan is posting operational losses.Data by YChartsBoth companies have substantial net cash positions, but Meituan will need its cash to continue financing its losses while it remains unprofitable, while Alibaba is free to use that cash for other purposes, such as share repurchases. For the last year, Alibaba has been doing stock buybacks in a meaningful way, compensating for share based compensation and reducing shares outstanding overall.Data by YChartsAlibaba and Meituan both have negative net total long-term debt (i.e., net cash positions), but Alibaba's available cash is about 5x that of Meituan. Between the net cash position, and the solid profitability, we are not concerned about Alibaba's balance sheet. Meituan's balance sheet is also strong for the moment, but it will really need that cash to continue financing its negative cash from operations.Data by YChartsValuationSurprisingly, despite the much larger revenue and much better margins, Alibaba only has about 2x the market cap.Data by YChartsAlibaba has a low valuation with an EV/EBITDA ratio of ~13.74x, which for a rapidly growing tech company, we would argue is incredible. Meituan has very little EBITDA, and as we previously discussed, has significant operational losses, particularly as a result of its \"new initiatives\" segment.Data by YChartsGiven the disparity of their profitability situation, it is easier to compare the two companies using EV/Revenues. Using this metric, it is clear that Alibaba is also the one with a more attractive valuation, with only a ~2x multiple.Data by YChartsRisksThe main risk we see is that shares of Meituan in the US are traded in OTC, so they have low liquidity. This pair trade idea would ideally be implemented in the Hong Kong stock exchange, where both Alibaba and Meituan trade. In Hong Kong, Alibaba trades under the ticker 09988, and Meituan Class B under ticker 03690.Beyond this practical risk, there are the typical risks with a pair trade, which include the possibility that the valuation discrepancy between the two might increase, or that even if the valuation gap closes, it might take a very long time, reducing the annual rate of return. Finally, we are assuming that regulatory risks would more or less impact both companies to a similar degree, which could turn out not to be the case.ConclusionWe believe a smart way to invest in Alibaba while seeking to remove the regulatory risks is to implement a pair trade buying Alibaba and selling Meituan. This also has the benefit of reducing the exposure to Alibaba's food delivery business, Ele.me, which is one of the Alibaba's business segments we like the least. The pair trade is predicated on the idea that there is a valuation gap between the companies that we expect to close in Alibaba's favor, and that they are both exposed to similar degrees to regulatory risks. Should the regulatory risks materialize, losses in the Alibaba investment should in theory more or less be compensated by gains in the Meituan position. This way, one could benefit from Alibaba's bargain valuation, while mitigating the regulatory risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}