Quekcaihua personal page - To The Moon

Quekcaihua

Quekcaihua

No personal profile

4Follow

0Followers

0Topic

0Badge

2024-08-14

$NVIDIA Corp(NVDA)$ It will reach $120

2024-06-12

$Tesla Motors(TSLA)$ no Bullish paying a person 56b

2024-06-12

$Tesla Motors(TSLA)$ no It is nonsense To pay him 56B

2024-02-22

Replying to @Shadowcloak:$800//@Shadowcloak:$788

2023-09-13

Share your opinion about this news…

Some Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them

2023-09-03

Share your opinion about this news…

Sorry, the original content has been removed

2023-07-31

Share your opinion about this news…

Sorry, the original content has been removed

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"4090653780002860","uuid":"4090653780002860","gmtCreate":1629860516948,"gmtModify":1630304028303,"name":"Quekcaihua","pinyin":"quekcaihua","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":4,"tweetSize":7,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.01.03","exceedPercentage":"93.14%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.11","exceedPercentage":"80.64%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.04","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},"individualDisplayBadges":null,"crmLevel":5,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":338444329857304,"gmtCreate":1723640658889,"gmtModify":1723640663276,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> It will reach $120&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> It will reach $120&nbsp;","text":"$NVIDIA Corp(NVDA)$ It will reach $120","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/338444329857304","isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315816415199536,"gmtCreate":1718134957765,"gmtModify":1718134961615,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; &nbsp;no Bullish paying a person 56b","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; &nbsp;no Bullish paying a person 56b","text":"$Tesla Motors(TSLA)$ no Bullish paying a person 56b","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315816415199536","isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315815732052104,"gmtCreate":1718134902095,"gmtModify":1718134905828,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; &nbsp;no It is nonsense&nbsp; To pay him 56B","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; &nbsp;no It is nonsense&nbsp; To pay him 56B","text":"$Tesla Motors(TSLA)$ no It is nonsense To pay him 56B","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315815732052104","isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":276804636840048,"gmtCreate":1708605266729,"gmtModify":1708608306145,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"Replying to <a href=\"https://ttm.financial/U/3564215274244249\">@Shadowcloak</a>:$800//<a href=\"https://ttm.financial/U/3564215274244249\">@Shadowcloak</a>:$788","listText":"Replying to <a href=\"https://ttm.financial/U/3564215274244249\">@Shadowcloak</a>:$800//<a href=\"https://ttm.financial/U/3564215274244249\">@Shadowcloak</a>:$788","text":"Replying to @Shadowcloak:$800//@Shadowcloak:$788","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/276804636840048","isVote":1,"tweetType":1,"viewCount":522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":219367330611328,"gmtCreate":1694582196622,"gmtModify":1694583974591,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219367330611328","repostId":"2367623895","repostType":2,"repost":{"id":"2367623895","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1694582089,"share":"https://ttm.financial/m/news/2367623895?lang=&edition=fundamental","pubTime":"2023-09-13 13:14","market":"us","language":"en","title":"Some Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them","url":"https://stock-news.laohu8.com/highlight/detail?id=2367623895","media":"Dow Jones","summary":"Value managers routinely venture into markets that others are fleeing, and right now that makes China a natural destination.Veteran bargain hunters admit China's economic growth prospects look uncertain, and that policy makers may continue to stumble. But they calculate that Beijing will keep trying to stabilize the economy -- enough to create a tactical opportunity in pockets of the market.Investors have fled China as the recovery following three years of strict Covid restrictions, erratic policy steps and crackdown on its property market along with national champions like Internet giant Alibaba Group Holding  rattled confidence -- among households, businesses and investors.With the U.S. and China entering an even more tense relationship, many money managers have reined in their allocations to China and rolled out emerging markets ex-China funds for skittish clients.While Mallari-D'Auria sees some signs of stabilization in property prices from policy makers' gradual efforts in recent ","content":"<html><head></head><body><p style=\"text-align: start;\">Value managers routinely venture into markets that others are fleeing, and right now that makes China a natural destination.</p><p style=\"text-align: start;\">Veteran bargain hunters admit China’s economic growth prospects look uncertain, and that policy makers may continue to stumble. But they calculate that Beijing will keep trying to stabilize the economy—enough to create a tactical opportunity in pockets of the market.</p><p>Investors have fled China as the recovery following three years of strict Covid restrictions, erratic policy steps and crackdown on its property market along with national champions like Internet giant Alibaba Group Holding (ticker: BABA) rattled confidence—among households, businesses and investors.</p><p>With the U.S. and China entering an even more tense relationship, many money managers have reined in their allocations to China and rolled out emerging markets ex-China funds for skittish clients.</p><p>But for some emerging market veterans familiar with navigating erratic policy makers in developing markets, the cheap valuations in parts of the Chinese stock market are a draw. Arjun Divecha, founder of GMO Emerging Markets Equity, is still cautious about China but has become less worried about the country’s sluggish recovery from Covid.  </p><p>“That normalization of demand will happen, and there’s some evidence it is starting to happen if you look at car sales,” he says. “The government has been slow to reflate the economy for good reasons [due to its debt concerns] but I do think they will eventually succeed.”</p><p>BCA Research analysts highlighted glimpses of stabilization in the economy, with China’s credit growth improving in August and deflationary pressures seen earlier in the summer easing, with consumer prices up 0.1% versus the earlier year, better than the 0.3% decline in July.</p><p>The BCA analysts are looking for more proactive policy measures that will create significant economic improvement before becoming less bearish and rethinking their underweight recommendation to clients for Chinese assets.</p><p>But Louis Lau, director of investments at Brandes Investment Partners, tells <em>Barron’s</em> via email that he sees several potential avenues to improve investor sentiment, and he’s already looking for opportunities in internet stocks, life insurers, sportswear makers and the supply chain for solar.</p><p>For Henry Mallari-D’Auria, Ariel’s chief investment officer of global and emerging markets equities, the focus is on consumer-oriented companies he thinks will see faster growth in coming years, in part from Beijing’s efforts to revive confidence among households.</p><p>While Mallari-D’Auria sees some signs of stabilization in property prices from policy makers’ gradual efforts in recent weeks as laying the groundwork for repairing consumer sentiment. A couple of quarters of more stable property prices, as well as income growth and stronger auto sales would build the case consumer confidence is improving.</p><p>Such improvement will help the likes of Alibaba, which Mallari-D’Auria thinks can win in multiple ways. “There’s the cyclical rebound but the company is also restructuring itself,” he says.</p><p>Former Alibaba Chief Executive Daniel Zhang’s decision to step down two months after taking on the task of focusing on the company’s AliCloud unit creates a short-term cloud over the stock, which fell more than 4% on the news. The company said Zhang was leaving to run a new technology fund that AliGroup is expected to invest an initial $1 billion.<br/><br/>So far, Mallari-D’Auria doesn’t see the development changing the profit growth outlook for Alibaba’s core business nor does he see it changing the timetable for the unit’s spinoff.</p><p>A spinoff will help the valuation, but a near-term catalyst could come from signs confidence consumer spending is picking up. Recent cost-cutting at the company should also help. Though Mallari-D’Auria doesn’t expect valuations to return to pre-crackdown levels, he says investors can do well even if the stock bounces from its currently low valuation of nine times to 11 or 12 times earnings as confidence improves.</p><p>If consumers feel better about their prospects as Beijing delivers more stimulus, Mallari-D’Auria says automakers like Great Wall Motor (1210:Taiwan) could stand to benefit. Better auto sales would help but the company has a new sport-utility vehicle that allows them to take share at a higher profit per unit than in the past, and that should boost margins, he says.</p><p>While China may be growing at far slower pace of 3% to 5%, Divecha expects stronger growth in the areas Beijing is focused on, such as technology and in businesses related to the green transition, as its geopolitical tussle with the U.S. intensifies. The U.S. sanctions that have limited China’s access to critical technologies is spurring increased investment by Beijing into electric vehicles, semiconductor chips and computers to become less reliant on the world.</p><p>“It isn’t that growth has dropped off a cliff and will stay at zero forever or that something has fundamentally changed,” he says, noting long-term headwinds of a shrinking population and the country’s debt load. “You make more money when things go from truly awful to merely bad versus good to great.”</p><p>So far, that message hasn’t yet resonated with the market, with the iShares MSCI China exchange-traded fund (MCHI), down 5% so far this year. But that creates fertile shopping for patient bargain hunters looking to tap a near-term stabilization in the world’s second-largest economy.</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>Some Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them</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\">\nSome Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-09-13 13:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Value managers routinely venture into markets that others are fleeing, and right now that makes China a natural destination.</p><p style=\"text-align: start;\">Veteran bargain hunters admit China’s economic growth prospects look uncertain, and that policy makers may continue to stumble. But they calculate that Beijing will keep trying to stabilize the economy—enough to create a tactical opportunity in pockets of the market.</p><p>Investors have fled China as the recovery following three years of strict Covid restrictions, erratic policy steps and crackdown on its property market along with national champions like Internet giant Alibaba Group Holding (ticker: BABA) rattled confidence—among households, businesses and investors.</p><p>With the U.S. and China entering an even more tense relationship, many money managers have reined in their allocations to China and rolled out emerging markets ex-China funds for skittish clients.</p><p>But for some emerging market veterans familiar with navigating erratic policy makers in developing markets, the cheap valuations in parts of the Chinese stock market are a draw. Arjun Divecha, founder of GMO Emerging Markets Equity, is still cautious about China but has become less worried about the country’s sluggish recovery from Covid.  </p><p>“That normalization of demand will happen, and there’s some evidence it is starting to happen if you look at car sales,” he says. “The government has been slow to reflate the economy for good reasons [due to its debt concerns] but I do think they will eventually succeed.”</p><p>BCA Research analysts highlighted glimpses of stabilization in the economy, with China’s credit growth improving in August and deflationary pressures seen earlier in the summer easing, with consumer prices up 0.1% versus the earlier year, better than the 0.3% decline in July.</p><p>The BCA analysts are looking for more proactive policy measures that will create significant economic improvement before becoming less bearish and rethinking their underweight recommendation to clients for Chinese assets.</p><p>But Louis Lau, director of investments at Brandes Investment Partners, tells <em>Barron’s</em> via email that he sees several potential avenues to improve investor sentiment, and he’s already looking for opportunities in internet stocks, life insurers, sportswear makers and the supply chain for solar.</p><p>For Henry Mallari-D’Auria, Ariel’s chief investment officer of global and emerging markets equities, the focus is on consumer-oriented companies he thinks will see faster growth in coming years, in part from Beijing’s efforts to revive confidence among households.</p><p>While Mallari-D’Auria sees some signs of stabilization in property prices from policy makers’ gradual efforts in recent weeks as laying the groundwork for repairing consumer sentiment. A couple of quarters of more stable property prices, as well as income growth and stronger auto sales would build the case consumer confidence is improving.</p><p>Such improvement will help the likes of Alibaba, which Mallari-D’Auria thinks can win in multiple ways. “There’s the cyclical rebound but the company is also restructuring itself,” he says.</p><p>Former Alibaba Chief Executive Daniel Zhang’s decision to step down two months after taking on the task of focusing on the company’s AliCloud unit creates a short-term cloud over the stock, which fell more than 4% on the news. The company said Zhang was leaving to run a new technology fund that AliGroup is expected to invest an initial $1 billion.<br/><br/>So far, Mallari-D’Auria doesn’t see the development changing the profit growth outlook for Alibaba’s core business nor does he see it changing the timetable for the unit’s spinoff.</p><p>A spinoff will help the valuation, but a near-term catalyst could come from signs confidence consumer spending is picking up. Recent cost-cutting at the company should also help. Though Mallari-D’Auria doesn’t expect valuations to return to pre-crackdown levels, he says investors can do well even if the stock bounces from its currently low valuation of nine times to 11 or 12 times earnings as confidence improves.</p><p>If consumers feel better about their prospects as Beijing delivers more stimulus, Mallari-D’Auria says automakers like Great Wall Motor (1210:Taiwan) could stand to benefit. Better auto sales would help but the company has a new sport-utility vehicle that allows them to take share at a higher profit per unit than in the past, and that should boost margins, he says.</p><p>While China may be growing at far slower pace of 3% to 5%, Divecha expects stronger growth in the areas Beijing is focused on, such as technology and in businesses related to the green transition, as its geopolitical tussle with the U.S. intensifies. The U.S. sanctions that have limited China’s access to critical technologies is spurring increased investment by Beijing into electric vehicles, semiconductor chips and computers to become less reliant on the world.</p><p>“It isn’t that growth has dropped off a cliff and will stay at zero forever or that something has fundamentally changed,” he says, noting long-term headwinds of a shrinking population and the country’s debt load. “You make more money when things go from truly awful to merely bad versus good to great.”</p><p>So far, that message hasn’t yet resonated with the market, with the iShares MSCI China exchange-traded fund (MCHI), down 5% so far this year. But that creates fertile shopping for patient bargain hunters looking to tap a near-term stabilization in the world’s second-largest economy.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2367623895","content_text":"Value managers routinely venture into markets that others are fleeing, and right now that makes China a natural destination.Veteran bargain hunters admit China’s economic growth prospects look uncertain, and that policy makers may continue to stumble. But they calculate that Beijing will keep trying to stabilize the economy—enough to create a tactical opportunity in pockets of the market.Investors have fled China as the recovery following three years of strict Covid restrictions, erratic policy steps and crackdown on its property market along with national champions like Internet giant Alibaba Group Holding (ticker: BABA) rattled confidence—among households, businesses and investors.With the U.S. and China entering an even more tense relationship, many money managers have reined in their allocations to China and rolled out emerging markets ex-China funds for skittish clients.But for some emerging market veterans familiar with navigating erratic policy makers in developing markets, the cheap valuations in parts of the Chinese stock market are a draw. Arjun Divecha, founder of GMO Emerging Markets Equity, is still cautious about China but has become less worried about the country’s sluggish recovery from Covid.  “That normalization of demand will happen, and there’s some evidence it is starting to happen if you look at car sales,” he says. “The government has been slow to reflate the economy for good reasons [due to its debt concerns] but I do think they will eventually succeed.”BCA Research analysts highlighted glimpses of stabilization in the economy, with China’s credit growth improving in August and deflationary pressures seen earlier in the summer easing, with consumer prices up 0.1% versus the earlier year, better than the 0.3% decline in July.The BCA analysts are looking for more proactive policy measures that will create significant economic improvement before becoming less bearish and rethinking their underweight recommendation to clients for Chinese assets.But Louis Lau, director of investments at Brandes Investment Partners, tells Barron’s via email that he sees several potential avenues to improve investor sentiment, and he’s already looking for opportunities in internet stocks, life insurers, sportswear makers and the supply chain for solar.For Henry Mallari-D’Auria, Ariel’s chief investment officer of global and emerging markets equities, the focus is on consumer-oriented companies he thinks will see faster growth in coming years, in part from Beijing’s efforts to revive confidence among households.While Mallari-D’Auria sees some signs of stabilization in property prices from policy makers’ gradual efforts in recent weeks as laying the groundwork for repairing consumer sentiment. A couple of quarters of more stable property prices, as well as income growth and stronger auto sales would build the case consumer confidence is improving.Such improvement will help the likes of Alibaba, which Mallari-D’Auria thinks can win in multiple ways. “There’s the cyclical rebound but the company is also restructuring itself,” he says.Former Alibaba Chief Executive Daniel Zhang’s decision to step down two months after taking on the task of focusing on the company’s AliCloud unit creates a short-term cloud over the stock, which fell more than 4% on the news. The company said Zhang was leaving to run a new technology fund that AliGroup is expected to invest an initial $1 billion.So far, Mallari-D’Auria doesn’t see the development changing the profit growth outlook for Alibaba’s core business nor does he see it changing the timetable for the unit’s spinoff.A spinoff will help the valuation, but a near-term catalyst could come from signs confidence consumer spending is picking up. Recent cost-cutting at the company should also help. Though Mallari-D’Auria doesn’t expect valuations to return to pre-crackdown levels, he says investors can do well even if the stock bounces from its currently low valuation of nine times to 11 or 12 times earnings as confidence improves.If consumers feel better about their prospects as Beijing delivers more stimulus, Mallari-D’Auria says automakers like Great Wall Motor (1210:Taiwan) could stand to benefit. Better auto sales would help but the company has a new sport-utility vehicle that allows them to take share at a higher profit per unit than in the past, and that should boost margins, he says.While China may be growing at far slower pace of 3% to 5%, Divecha expects stronger growth in the areas Beijing is focused on, such as technology and in businesses related to the green transition, as its geopolitical tussle with the U.S. intensifies. The U.S. sanctions that have limited China’s access to critical technologies is spurring increased investment by Beijing into electric vehicles, semiconductor chips and computers to become less reliant on the world.“It isn’t that growth has dropped off a cliff and will stay at zero forever or that something has fundamentally changed,” he says, noting long-term headwinds of a shrinking population and the country’s debt load. “You make more money when things go from truly awful to merely bad versus good to great.”So far, that message hasn’t yet resonated with the market, with the iShares MSCI China exchange-traded fund (MCHI), down 5% so far this year. But that creates fertile shopping for patient bargain hunters looking to tap a near-term stabilization in the world’s second-largest economy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":215774973263976,"gmtCreate":1693710141769,"gmtModify":1693719018898,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/215774973263976","repostId":"2364787241","repostType":2,"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":203860076474536,"gmtCreate":1690777027227,"gmtModify":1690779754168,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/203860076474536","repostId":"2355696432","repostType":2,"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":315816415199536,"gmtCreate":1718134957765,"gmtModify":1718134961615,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; &nbsp;no Bullish paying a person 56b","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; &nbsp;no Bullish paying a person 56b","text":"$Tesla Motors(TSLA)$ no Bullish paying a person 56b","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315816415199536","isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315815732052104,"gmtCreate":1718134902095,"gmtModify":1718134905828,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; &nbsp;no It is nonsense&nbsp; To pay him 56B","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; &nbsp;no It is nonsense&nbsp; To pay him 56B","text":"$Tesla Motors(TSLA)$ no It is nonsense To pay him 56B","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315815732052104","isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":203860076474536,"gmtCreate":1690777027227,"gmtModify":1690779754168,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/203860076474536","repostId":"2355696432","repostType":2,"repost":{"id":"2355696432","kind":"news","pubTimestamp":1690761618,"share":"https://ttm.financial/m/news/2355696432?lang=&edition=fundamental","pubTime":"2023-07-31 08:00","market":"us","language":"en","title":"Palantir: Time To Double Down","url":"https://stock-news.laohu8.com/highlight/detail?id=2355696432","media":"Seeking Alpha","summary":"Palantir Stock: Time To Double Down (NYSE:PLTR)","content":"<html><head></head><body><h2 id=\"id_597421993\" style=\"text-align: left;\">Summary</h2><ul><li><p>Palantir is expected to reveal its Q2 earnings results in early August.</p></li><li><p>After Palantir’s stock aggressively appreciated due to the AI-related rally, the management would now need to convince the street why this rally has more legs to justify the current valuation.</p></li><li><p>While there are some major risks associated with investing in the company’s stock at the current levels, there are reasons to believe that there’s still some upside left.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/825a687fb2a755d5fe8156bbb25dfada\" alt=\"Kevin Dietsch/Getty Images News\" title=\"Kevin Dietsch/Getty Images News\" tg-width=\"750\" tg-height=\"521\"/><span>Kevin Dietsch/Getty Images News</span></p><p style=\"text-align: left;\">After gaining momentum and later declining in price in the last couple of months due to the AI-related rally, Palantir&#39;s (NYSE:PLTR) stock is once again on a winning streak as it reached new 52-week highs just last week and currently trades close to those levels. In early August, the company is expected to report its Q2 earnings results, which would give investors a better understanding of whether this AI-related premium at which its shares currently trade is justified in the first place. Even though Palantir appears to be greatly overvalued right now, there are reasons to believe that the company&#39;s growth story is far from over and there&#39;s still some upside left.</p><h2 id=\"id_4148420583\" style=\"text-align: left;\">Is Generative AI The Next Big Thing?</h2><p style=\"text-align: left;\">Last month I published an extensive article on Palantir&#39;s work in Ukraine, explained how the company is able to test its software on an actual battlefield in real-time and also addressed some of the bearish points that were raised by a popular short-selling newsletter. While that article extensively covered various parts of Palantir&#39;s business, it didn&#39;t fully highlight how the company now has the potential to aggressively grow its sales and greatly improve its performance thanks to its entrance into the generative AI field a couple of months ago. Considering that Palantir&#39;s stock has been able to skyrocket in the last few weeks and reach its 52-week highs mostly thanks to the market&#39;s obsession with AI, I decided to share some of my thoughts on why shares have the potential to appreciate even further ahead of the release of Q2 earnings results in August.</p><p style=\"text-align: left;\">In the last few months, I have been incorporating various generative AI applications into my workflow, which were able to perform a range of mundane tasks and helped me to increase my productivity. By having a first-hand experience with generative AI, I concluded that it&#39;s not another fad like the metaverse and it actually has the potential to have a profound impact on our society. That&#39;s likely one of the main reasons why we begin to see reports which expect the generative AI field to become an over $1 trillion market in the next decade and grow at a CAGR of over 40%. Add to all of this the fact that Apple (AAPL), Meta Platforms (META), Amazon (AMZN), and even Elon Musk revealed their own generative AI products in the last few weeks and it becomes obvious that it&#39;s not another hype story. As Big Tech scales its presence in the field, so is Palantir with the introduction of AIP in April.</p><p style=\"text-align: left;\">From what we know so far, AIP promotes human-AI collaborations by helping organizations deploy large language models within their internal systems that could understand, recommend, and trigger different business processes and actions. Think of it as ChatGPT that&#39;s personalized for your own workflow and is working within your environment whether you&#39;re a commercial or a military client of Palantir. In May, the company&#39;s management revealed that they are seeing unprecedented demand for AIP while earlier this month Bloomberg reported that the US military has also started testing generative AI applications and also noted that Palantir is one of the companies that develops AI-based platforms for the Pentagon.</p><p style=\"text-align: left;\">Considering this, there are reasons to believe that Palantir&#39;s stock still has more upside after the latest rally, but only the Q2 results and an updated outlook for the year will properly show how much of this unprecedented demand will translate into monetary value.</p><h2 id=\"id_3591571458\" style=\"text-align: left;\">What&#39;s Next?</h2><p style=\"text-align: left;\">We already see how other companies that became leaders of the generative AI field earlier this year have seen their estimates for the year greatly increase. Some analysts now believe that Microsoft (MSFT) would be able to generate an additional $20 billion in revenues thanks to the launch of a single generative AI feature for its core products, while others think that the company would even be able to double revenues for some of its flagship products in the following years. The street now also expects Nvidia (NVDA), which sells major GPUs on which generative AI applications run, to increase its EPS by ~138% Y/Y and grow its revenues by ~61% this fiscal year.</p><p style=\"text-align: left;\">Despite this, most analysts still have no idea how big of an impact the AIP sales would have on Palantir&#39;s overall performance. To this day, the street expects the company&#39;s revenues to increase only by 15.9% Y/Y in FY23, which is in-line with the previous estimates before the generative AI applications truly took off and increased in popularity. Therefore, it seems that analysts expect further guidance from the management before deciding whether to revise their forecasts.</p><p style=\"text-align: left;\">However, if Goldman Sachs (GS) is correct in its forecast that generative AI could raise the global GDP by 7%, then it&#39;s a clear sign that the industry would continue to expand, and new applications would be entering the market en masse in the following quarters. Therefore, if generative AI truly becomes an over $1 trillion market in the next decade, then Palantir&#39;s TAM would also greatly increase and its current market capitalization of ~$35 billion could be more than justified.</p><p style=\"text-align: left;\">That&#39;s likely one of the reasons why Palantir&#39;s shares haven&#39;t depreciated after the latest rally while Seeking Alpha&#39;s Quant system even gave the company&#39;s stock a rating of &#39;Strong Buy&#39;. Add to all of this the fact that Wedbush recently decided to give Palantir a price target of $25 per share due to its competitive advantages in the coming AI revolution and we could conclude that the current AI premium at which its shares currently trade is more than justified.</p><h2 id=\"id_1028404791\" style=\"text-align: left;\">The Valuation Dilemma</h2><p style=\"text-align: left;\">At this stage, the only major risk associated with investing in Palantir is the lack of clear understanding about what is the true value of its business. My DCF model from May along with the street average forecasts that are based on previous assumptions show that Palantir&#39;s fair value is in the range of $9 per share to $12 per share, which is below the current market price of ~$18 per share. However, since the beginning of summer, the generative AI field has truly taken off, but the assumptions haven&#39;t been properly revised as Wall Street is not entirely sure how big of an impact AIP will have on Palantir&#39;s financials and its valuation.</p><p style=\"text-align: left;\">Considering this, it all comes down to whether the management would be able to convince the street why this rally has more legs to justify the current valuation at the upcoming earnings call in early August. I remain optimistic as there&#39;s a clear indication that the generative AI field would continue to expand at an aggressive rate and have a profound impact on our society. This should lead to the aggressive expansion of Palantir&#39;s TAM in the following years since the company already has a scalable product in the generative AI field that has experienced unprecedented demand since its launch a few months ago. If that&#39;s the case, then an upward revision of assumptions in my model would follow and would result in a much higher valuation that more than justifies the current market price.</p></body></html>","source":"seekingalpha","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>Palantir: Time To Double Down</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\">\nPalantir: Time To Double Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-31 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4621430-palantir-time-to-double-down><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir is expected to reveal its Q2 earnings results in early August.After Palantir’s stock aggressively appreciated due to the AI-related rally, the management would now need to convince the...</p>\n\n<a href=\"https://seekingalpha.com/article/4621430-palantir-time-to-double-down\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4621430-palantir-time-to-double-down","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2355696432","content_text":"SummaryPalantir is expected to reveal its Q2 earnings results in early August.After Palantir’s stock aggressively appreciated due to the AI-related rally, the management would now need to convince the street why this rally has more legs to justify the current valuation.While there are some major risks associated with investing in the company’s stock at the current levels, there are reasons to believe that there’s still some upside left.Kevin Dietsch/Getty Images NewsAfter gaining momentum and later declining in price in the last couple of months due to the AI-related rally, Palantir's (NYSE:PLTR) stock is once again on a winning streak as it reached new 52-week highs just last week and currently trades close to those levels. In early August, the company is expected to report its Q2 earnings results, which would give investors a better understanding of whether this AI-related premium at which its shares currently trade is justified in the first place. Even though Palantir appears to be greatly overvalued right now, there are reasons to believe that the company's growth story is far from over and there's still some upside left.Is Generative AI The Next Big Thing?Last month I published an extensive article on Palantir's work in Ukraine, explained how the company is able to test its software on an actual battlefield in real-time and also addressed some of the bearish points that were raised by a popular short-selling newsletter. While that article extensively covered various parts of Palantir's business, it didn't fully highlight how the company now has the potential to aggressively grow its sales and greatly improve its performance thanks to its entrance into the generative AI field a couple of months ago. Considering that Palantir's stock has been able to skyrocket in the last few weeks and reach its 52-week highs mostly thanks to the market's obsession with AI, I decided to share some of my thoughts on why shares have the potential to appreciate even further ahead of the release of Q2 earnings results in August.In the last few months, I have been incorporating various generative AI applications into my workflow, which were able to perform a range of mundane tasks and helped me to increase my productivity. By having a first-hand experience with generative AI, I concluded that it's not another fad like the metaverse and it actually has the potential to have a profound impact on our society. That's likely one of the main reasons why we begin to see reports which expect the generative AI field to become an over $1 trillion market in the next decade and grow at a CAGR of over 40%. Add to all of this the fact that Apple (AAPL), Meta Platforms (META), Amazon (AMZN), and even Elon Musk revealed their own generative AI products in the last few weeks and it becomes obvious that it's not another hype story. As Big Tech scales its presence in the field, so is Palantir with the introduction of AIP in April.From what we know so far, AIP promotes human-AI collaborations by helping organizations deploy large language models within their internal systems that could understand, recommend, and trigger different business processes and actions. Think of it as ChatGPT that's personalized for your own workflow and is working within your environment whether you're a commercial or a military client of Palantir. In May, the company's management revealed that they are seeing unprecedented demand for AIP while earlier this month Bloomberg reported that the US military has also started testing generative AI applications and also noted that Palantir is one of the companies that develops AI-based platforms for the Pentagon.Considering this, there are reasons to believe that Palantir's stock still has more upside after the latest rally, but only the Q2 results and an updated outlook for the year will properly show how much of this unprecedented demand will translate into monetary value.What's Next?We already see how other companies that became leaders of the generative AI field earlier this year have seen their estimates for the year greatly increase. Some analysts now believe that Microsoft (MSFT) would be able to generate an additional $20 billion in revenues thanks to the launch of a single generative AI feature for its core products, while others think that the company would even be able to double revenues for some of its flagship products in the following years. The street now also expects Nvidia (NVDA), which sells major GPUs on which generative AI applications run, to increase its EPS by ~138% Y/Y and grow its revenues by ~61% this fiscal year.Despite this, most analysts still have no idea how big of an impact the AIP sales would have on Palantir's overall performance. To this day, the street expects the company's revenues to increase only by 15.9% Y/Y in FY23, which is in-line with the previous estimates before the generative AI applications truly took off and increased in popularity. Therefore, it seems that analysts expect further guidance from the management before deciding whether to revise their forecasts.However, if Goldman Sachs (GS) is correct in its forecast that generative AI could raise the global GDP by 7%, then it's a clear sign that the industry would continue to expand, and new applications would be entering the market en masse in the following quarters. Therefore, if generative AI truly becomes an over $1 trillion market in the next decade, then Palantir's TAM would also greatly increase and its current market capitalization of ~$35 billion could be more than justified.That's likely one of the reasons why Palantir's shares haven't depreciated after the latest rally while Seeking Alpha's Quant system even gave the company's stock a rating of 'Strong Buy'. Add to all of this the fact that Wedbush recently decided to give Palantir a price target of $25 per share due to its competitive advantages in the coming AI revolution and we could conclude that the current AI premium at which its shares currently trade is more than justified.The Valuation DilemmaAt this stage, the only major risk associated with investing in Palantir is the lack of clear understanding about what is the true value of its business. My DCF model from May along with the street average forecasts that are based on previous assumptions show that Palantir's fair value is in the range of $9 per share to $12 per share, which is below the current market price of ~$18 per share. However, since the beginning of summer, the generative AI field has truly taken off, but the assumptions haven't been properly revised as Wall Street is not entirely sure how big of an impact AIP will have on Palantir's financials and its valuation.Considering this, it all comes down to whether the management would be able to convince the street why this rally has more legs to justify the current valuation at the upcoming earnings call in early August. I remain optimistic as there's a clear indication that the generative AI field would continue to expand at an aggressive rate and have a profound impact on our society. This should lead to the aggressive expansion of Palantir's TAM in the following years since the company already has a scalable product in the generative AI field that has experienced unprecedented demand since its launch a few months ago. If that's the case, then an upward revision of assumptions in my model would follow and would result in a much higher valuation that more than justifies the current market price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":338444329857304,"gmtCreate":1723640658889,"gmtModify":1723640663276,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> It will reach $120&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> It will reach $120&nbsp;","text":"$NVIDIA Corp(NVDA)$ It will reach $120","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/338444329857304","isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":276804636840048,"gmtCreate":1708605266729,"gmtModify":1708608306145,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"Replying to <a href=\"https://ttm.financial/U/3564215274244249\">@Shadowcloak</a>:$800//<a href=\"https://ttm.financial/U/3564215274244249\">@Shadowcloak</a>:$788","listText":"Replying to <a href=\"https://ttm.financial/U/3564215274244249\">@Shadowcloak</a>:$800//<a href=\"https://ttm.financial/U/3564215274244249\">@Shadowcloak</a>:$788","text":"Replying to @Shadowcloak:$800//@Shadowcloak:$788","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/276804636840048","isVote":1,"tweetType":1,"viewCount":522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":219367330611328,"gmtCreate":1694582196622,"gmtModify":1694583974591,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219367330611328","repostId":"2367623895","repostType":2,"repost":{"id":"2367623895","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1694582089,"share":"https://ttm.financial/m/news/2367623895?lang=&edition=fundamental","pubTime":"2023-09-13 13:14","market":"us","language":"en","title":"Some Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them","url":"https://stock-news.laohu8.com/highlight/detail?id=2367623895","media":"Dow Jones","summary":"Value managers routinely venture into markets that others are fleeing, and right now that makes China a natural destination.Veteran bargain hunters admit China's economic growth prospects look uncertain, and that policy makers may continue to stumble. But they calculate that Beijing will keep trying to stabilize the economy -- enough to create a tactical opportunity in pockets of the market.Investors have fled China as the recovery following three years of strict Covid restrictions, erratic policy steps and crackdown on its property market along with national champions like Internet giant Alibaba Group Holding  rattled confidence -- among households, businesses and investors.With the U.S. and China entering an even more tense relationship, many money managers have reined in their allocations to China and rolled out emerging markets ex-China funds for skittish clients.While Mallari-D'Auria sees some signs of stabilization in property prices from policy makers' gradual efforts in recent ","content":"<html><head></head><body><p style=\"text-align: start;\">Value managers routinely venture into markets that others are fleeing, and right now that makes China a natural destination.</p><p style=\"text-align: start;\">Veteran bargain hunters admit China’s economic growth prospects look uncertain, and that policy makers may continue to stumble. But they calculate that Beijing will keep trying to stabilize the economy—enough to create a tactical opportunity in pockets of the market.</p><p>Investors have fled China as the recovery following three years of strict Covid restrictions, erratic policy steps and crackdown on its property market along with national champions like Internet giant Alibaba Group Holding (ticker: BABA) rattled confidence—among households, businesses and investors.</p><p>With the U.S. and China entering an even more tense relationship, many money managers have reined in their allocations to China and rolled out emerging markets ex-China funds for skittish clients.</p><p>But for some emerging market veterans familiar with navigating erratic policy makers in developing markets, the cheap valuations in parts of the Chinese stock market are a draw. Arjun Divecha, founder of GMO Emerging Markets Equity, is still cautious about China but has become less worried about the country’s sluggish recovery from Covid.  </p><p>“That normalization of demand will happen, and there’s some evidence it is starting to happen if you look at car sales,” he says. “The government has been slow to reflate the economy for good reasons [due to its debt concerns] but I do think they will eventually succeed.”</p><p>BCA Research analysts highlighted glimpses of stabilization in the economy, with China’s credit growth improving in August and deflationary pressures seen earlier in the summer easing, with consumer prices up 0.1% versus the earlier year, better than the 0.3% decline in July.</p><p>The BCA analysts are looking for more proactive policy measures that will create significant economic improvement before becoming less bearish and rethinking their underweight recommendation to clients for Chinese assets.</p><p>But Louis Lau, director of investments at Brandes Investment Partners, tells <em>Barron’s</em> via email that he sees several potential avenues to improve investor sentiment, and he’s already looking for opportunities in internet stocks, life insurers, sportswear makers and the supply chain for solar.</p><p>For Henry Mallari-D’Auria, Ariel’s chief investment officer of global and emerging markets equities, the focus is on consumer-oriented companies he thinks will see faster growth in coming years, in part from Beijing’s efforts to revive confidence among households.</p><p>While Mallari-D’Auria sees some signs of stabilization in property prices from policy makers’ gradual efforts in recent weeks as laying the groundwork for repairing consumer sentiment. A couple of quarters of more stable property prices, as well as income growth and stronger auto sales would build the case consumer confidence is improving.</p><p>Such improvement will help the likes of Alibaba, which Mallari-D’Auria thinks can win in multiple ways. “There’s the cyclical rebound but the company is also restructuring itself,” he says.</p><p>Former Alibaba Chief Executive Daniel Zhang’s decision to step down two months after taking on the task of focusing on the company’s AliCloud unit creates a short-term cloud over the stock, which fell more than 4% on the news. The company said Zhang was leaving to run a new technology fund that AliGroup is expected to invest an initial $1 billion.<br/><br/>So far, Mallari-D’Auria doesn’t see the development changing the profit growth outlook for Alibaba’s core business nor does he see it changing the timetable for the unit’s spinoff.</p><p>A spinoff will help the valuation, but a near-term catalyst could come from signs confidence consumer spending is picking up. Recent cost-cutting at the company should also help. Though Mallari-D’Auria doesn’t expect valuations to return to pre-crackdown levels, he says investors can do well even if the stock bounces from its currently low valuation of nine times to 11 or 12 times earnings as confidence improves.</p><p>If consumers feel better about their prospects as Beijing delivers more stimulus, Mallari-D’Auria says automakers like Great Wall Motor (1210:Taiwan) could stand to benefit. Better auto sales would help but the company has a new sport-utility vehicle that allows them to take share at a higher profit per unit than in the past, and that should boost margins, he says.</p><p>While China may be growing at far slower pace of 3% to 5%, Divecha expects stronger growth in the areas Beijing is focused on, such as technology and in businesses related to the green transition, as its geopolitical tussle with the U.S. intensifies. The U.S. sanctions that have limited China’s access to critical technologies is spurring increased investment by Beijing into electric vehicles, semiconductor chips and computers to become less reliant on the world.</p><p>“It isn’t that growth has dropped off a cliff and will stay at zero forever or that something has fundamentally changed,” he says, noting long-term headwinds of a shrinking population and the country’s debt load. “You make more money when things go from truly awful to merely bad versus good to great.”</p><p>So far, that message hasn’t yet resonated with the market, with the iShares MSCI China exchange-traded fund (MCHI), down 5% so far this year. But that creates fertile shopping for patient bargain hunters looking to tap a near-term stabilization in the world’s second-largest economy.</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>Some Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them</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\">\nSome Chinese Stocks Are a Real Bargain Now. Alibaba Is One of Them\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-09-13 13:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Value managers routinely venture into markets that others are fleeing, and right now that makes China a natural destination.</p><p style=\"text-align: start;\">Veteran bargain hunters admit China’s economic growth prospects look uncertain, and that policy makers may continue to stumble. But they calculate that Beijing will keep trying to stabilize the economy—enough to create a tactical opportunity in pockets of the market.</p><p>Investors have fled China as the recovery following three years of strict Covid restrictions, erratic policy steps and crackdown on its property market along with national champions like Internet giant Alibaba Group Holding (ticker: BABA) rattled confidence—among households, businesses and investors.</p><p>With the U.S. and China entering an even more tense relationship, many money managers have reined in their allocations to China and rolled out emerging markets ex-China funds for skittish clients.</p><p>But for some emerging market veterans familiar with navigating erratic policy makers in developing markets, the cheap valuations in parts of the Chinese stock market are a draw. Arjun Divecha, founder of GMO Emerging Markets Equity, is still cautious about China but has become less worried about the country’s sluggish recovery from Covid.  </p><p>“That normalization of demand will happen, and there’s some evidence it is starting to happen if you look at car sales,” he says. “The government has been slow to reflate the economy for good reasons [due to its debt concerns] but I do think they will eventually succeed.”</p><p>BCA Research analysts highlighted glimpses of stabilization in the economy, with China’s credit growth improving in August and deflationary pressures seen earlier in the summer easing, with consumer prices up 0.1% versus the earlier year, better than the 0.3% decline in July.</p><p>The BCA analysts are looking for more proactive policy measures that will create significant economic improvement before becoming less bearish and rethinking their underweight recommendation to clients for Chinese assets.</p><p>But Louis Lau, director of investments at Brandes Investment Partners, tells <em>Barron’s</em> via email that he sees several potential avenues to improve investor sentiment, and he’s already looking for opportunities in internet stocks, life insurers, sportswear makers and the supply chain for solar.</p><p>For Henry Mallari-D’Auria, Ariel’s chief investment officer of global and emerging markets equities, the focus is on consumer-oriented companies he thinks will see faster growth in coming years, in part from Beijing’s efforts to revive confidence among households.</p><p>While Mallari-D’Auria sees some signs of stabilization in property prices from policy makers’ gradual efforts in recent weeks as laying the groundwork for repairing consumer sentiment. A couple of quarters of more stable property prices, as well as income growth and stronger auto sales would build the case consumer confidence is improving.</p><p>Such improvement will help the likes of Alibaba, which Mallari-D’Auria thinks can win in multiple ways. “There’s the cyclical rebound but the company is also restructuring itself,” he says.</p><p>Former Alibaba Chief Executive Daniel Zhang’s decision to step down two months after taking on the task of focusing on the company’s AliCloud unit creates a short-term cloud over the stock, which fell more than 4% on the news. The company said Zhang was leaving to run a new technology fund that AliGroup is expected to invest an initial $1 billion.<br/><br/>So far, Mallari-D’Auria doesn’t see the development changing the profit growth outlook for Alibaba’s core business nor does he see it changing the timetable for the unit’s spinoff.</p><p>A spinoff will help the valuation, but a near-term catalyst could come from signs confidence consumer spending is picking up. Recent cost-cutting at the company should also help. Though Mallari-D’Auria doesn’t expect valuations to return to pre-crackdown levels, he says investors can do well even if the stock bounces from its currently low valuation of nine times to 11 or 12 times earnings as confidence improves.</p><p>If consumers feel better about their prospects as Beijing delivers more stimulus, Mallari-D’Auria says automakers like Great Wall Motor (1210:Taiwan) could stand to benefit. Better auto sales would help but the company has a new sport-utility vehicle that allows them to take share at a higher profit per unit than in the past, and that should boost margins, he says.</p><p>While China may be growing at far slower pace of 3% to 5%, Divecha expects stronger growth in the areas Beijing is focused on, such as technology and in businesses related to the green transition, as its geopolitical tussle with the U.S. intensifies. The U.S. sanctions that have limited China’s access to critical technologies is spurring increased investment by Beijing into electric vehicles, semiconductor chips and computers to become less reliant on the world.</p><p>“It isn’t that growth has dropped off a cliff and will stay at zero forever or that something has fundamentally changed,” he says, noting long-term headwinds of a shrinking population and the country’s debt load. “You make more money when things go from truly awful to merely bad versus good to great.”</p><p>So far, that message hasn’t yet resonated with the market, with the iShares MSCI China exchange-traded fund (MCHI), down 5% so far this year. But that creates fertile shopping for patient bargain hunters looking to tap a near-term stabilization in the world’s second-largest economy.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2367623895","content_text":"Value managers routinely venture into markets that others are fleeing, and right now that makes China a natural destination.Veteran bargain hunters admit China’s economic growth prospects look uncertain, and that policy makers may continue to stumble. But they calculate that Beijing will keep trying to stabilize the economy—enough to create a tactical opportunity in pockets of the market.Investors have fled China as the recovery following three years of strict Covid restrictions, erratic policy steps and crackdown on its property market along with national champions like Internet giant Alibaba Group Holding (ticker: BABA) rattled confidence—among households, businesses and investors.With the U.S. and China entering an even more tense relationship, many money managers have reined in their allocations to China and rolled out emerging markets ex-China funds for skittish clients.But for some emerging market veterans familiar with navigating erratic policy makers in developing markets, the cheap valuations in parts of the Chinese stock market are a draw. Arjun Divecha, founder of GMO Emerging Markets Equity, is still cautious about China but has become less worried about the country’s sluggish recovery from Covid.  “That normalization of demand will happen, and there’s some evidence it is starting to happen if you look at car sales,” he says. “The government has been slow to reflate the economy for good reasons [due to its debt concerns] but I do think they will eventually succeed.”BCA Research analysts highlighted glimpses of stabilization in the economy, with China’s credit growth improving in August and deflationary pressures seen earlier in the summer easing, with consumer prices up 0.1% versus the earlier year, better than the 0.3% decline in July.The BCA analysts are looking for more proactive policy measures that will create significant economic improvement before becoming less bearish and rethinking their underweight recommendation to clients for Chinese assets.But Louis Lau, director of investments at Brandes Investment Partners, tells Barron’s via email that he sees several potential avenues to improve investor sentiment, and he’s already looking for opportunities in internet stocks, life insurers, sportswear makers and the supply chain for solar.For Henry Mallari-D’Auria, Ariel’s chief investment officer of global and emerging markets equities, the focus is on consumer-oriented companies he thinks will see faster growth in coming years, in part from Beijing’s efforts to revive confidence among households.While Mallari-D’Auria sees some signs of stabilization in property prices from policy makers’ gradual efforts in recent weeks as laying the groundwork for repairing consumer sentiment. A couple of quarters of more stable property prices, as well as income growth and stronger auto sales would build the case consumer confidence is improving.Such improvement will help the likes of Alibaba, which Mallari-D’Auria thinks can win in multiple ways. “There’s the cyclical rebound but the company is also restructuring itself,” he says.Former Alibaba Chief Executive Daniel Zhang’s decision to step down two months after taking on the task of focusing on the company’s AliCloud unit creates a short-term cloud over the stock, which fell more than 4% on the news. The company said Zhang was leaving to run a new technology fund that AliGroup is expected to invest an initial $1 billion.So far, Mallari-D’Auria doesn’t see the development changing the profit growth outlook for Alibaba’s core business nor does he see it changing the timetable for the unit’s spinoff.A spinoff will help the valuation, but a near-term catalyst could come from signs confidence consumer spending is picking up. Recent cost-cutting at the company should also help. Though Mallari-D’Auria doesn’t expect valuations to return to pre-crackdown levels, he says investors can do well even if the stock bounces from its currently low valuation of nine times to 11 or 12 times earnings as confidence improves.If consumers feel better about their prospects as Beijing delivers more stimulus, Mallari-D’Auria says automakers like Great Wall Motor (1210:Taiwan) could stand to benefit. Better auto sales would help but the company has a new sport-utility vehicle that allows them to take share at a higher profit per unit than in the past, and that should boost margins, he says.While China may be growing at far slower pace of 3% to 5%, Divecha expects stronger growth in the areas Beijing is focused on, such as technology and in businesses related to the green transition, as its geopolitical tussle with the U.S. intensifies. The U.S. sanctions that have limited China’s access to critical technologies is spurring increased investment by Beijing into electric vehicles, semiconductor chips and computers to become less reliant on the world.“It isn’t that growth has dropped off a cliff and will stay at zero forever or that something has fundamentally changed,” he says, noting long-term headwinds of a shrinking population and the country’s debt load. “You make more money when things go from truly awful to merely bad versus good to great.”So far, that message hasn’t yet resonated with the market, with the iShares MSCI China exchange-traded fund (MCHI), down 5% so far this year. But that creates fertile shopping for patient bargain hunters looking to tap a near-term stabilization in the world’s second-largest economy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":215774973263976,"gmtCreate":1693710141769,"gmtModify":1693719018898,"author":{"id":"4090653780002860","authorId":"4090653780002860","name":"Quekcaihua","avatar":"https://static.tigerbbs.com/0fcb21021bc5d64771998041c8b26793","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090653780002860","authorIdStr":"4090653780002860"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/215774973263976","repostId":"2364787241","repostType":2,"repost":{"id":"2364787241","kind":"highlight","pubTimestamp":1693707580,"share":"https://ttm.financial/m/news/2364787241?lang=&edition=fundamental","pubTime":"2023-09-03 10:19","market":"sg","language":"en","title":"SGX Weekly Review: Singapore’s 9th President, Apple’s Launch Event and Frasers Centrepoint Trust","url":"https://stock-news.laohu8.com/highlight/detail?id=2364787241","media":"The Smart Investor","summary":"We look at the latest divestment by a retail REIT and what’s in store from Apple at its highly-anticipated launch event.","content":"<html><head></head><body><p>Welcome to this week’s top stock market highlights.</p><h2 id=\"id_1839569771\">Tharman Shanmugaratnam Will Be Singapores’ 9th President</h2><p>In the first contested presidential election in over a decade, Singaporeans chose former senior minister Tharman Shanmugaratnam as the nation’s next president – by a resounding margin.</p><p style=\"text-align: start;\">He received 1,746,427 votes, 70.4 percent of the more than 2.48 million valid votes cast on Friday (Sep 1), the Elections Department (ELD) announced at 12.22 am on Saturday.</p><p>In a statement after the results, Prime Minister Lee Hsien Loong noted the “decisive margin” by which Tharman was elected. Noting Tharman’s “long and distinguished record of public service”, he said: “I have every confidence that he will carry out his duties as president with distinction.”</p><h2 id=\"id_1555204523\">Frasers Centrepoint Trust (SGX: J69U)</h2><p>Frasers Centrepoint Trust, or FCT, announced that it will divest Changi City Point for a consideration of S$338 million in cash.</p><p>Completion is projected to be on 15 November this year and the retail REIT will recognise a net gain of around S$10.9 million.</p><p>The net property income yield for Changi City Point stood at 4.31% based on the divestment consideration.</p><p>The sale is part of FCT’s strategic portfolio review and is intended to create value for unitholders.</p><p>The proceeds will be used to repay loans with higher interest rates to lower FCT’s aggregate leverage.</p><p>Upon completion, the REIT’s aggregate leverage will fall from 40.2% currently to 37.1% while 73% of its loans will be hedged, up from the present 63%.</p><p>Another benefit is that the REIT will enjoy a lower cost of borrowing at 3.6%, down slightly from 3.7% pre-divestment.</p><p>FCT’s portfolio operating metrics will also see an uplift.</p><p>The committed occupancy rate will improve from 98.7% to 99.3% while the average remaining lease tenure of the retail portfolio will increase by 2.3 years.</p><p>Post-divestment, FCT’s portfolio will comprise nine retail malls and one office building with assets under management of S$6.5 billion.</p><h2 id=\"id_3526336612\">Apple (NASDAQ: AAPL)</h2><p>For all the Apple aficionados out there, get ready for news that will make you excited.</p><p>The Cupertino-based technology company has set 12 September as the date for its biggest product upgrade event of the year.</p><p>Apple is expected to unveil the latest generation of iPhone – iPhone 15, along with the next-generation smartwatches.</p><p>Analysts are expecting two entry-level iPhone 15 models and two high-end models.</p><p>The higher-end models will possess a redesigned frame made of titanium rather than stainless steel which will make them lighter.</p><p>Of the models, the most expensive will sport a new camera with deeper optical zoom that allows for high-quality shots.</p><p>In addition, these new iPhones will switch to a USB-C charging port to comply with new European Union regulations, the first change for the connector switch since 2012.</p><p>For the Apple Watch, Apple will debut the Series 9 lineup and the second generation of the high-end Ultra.</p><p>Both models will contain faster chips and feature new case colours.</p><h2 id=\"id_174568201\">Hotel Properties Limited (SGX: H15)</h2><p>Hotel Properties Limited, or HPL, has received approval from the Urban Redevelopment Authority (URA) for the redevelopment of the Forum, voco Orchard Singapore, and HPL House.</p><p>These properties have a combined total land area of around 151,000 square feet.</p><p>The approval was given for the construction of a comprehensive mixed-use development comprising hotel, retail, office, and residential in two tower buildings of 64 storeys and 43 storeys.</p><p>The development will also have a rooftop garden atop a six-storey podium along with a performance theatre and basement car park.</p><p>Separately, another 29-storey tower will be erected above this basement car park.</p><p>The total approved gross floor area for the proposed new development is more than 1.2 million square feet.</p><p>This announcement is good news for HPL as the redevelopment can accelerate the transformation of Orchard Road into a more vibrant and prominent area.</p><p>It will also create an area with mixed activities and provide connectivity between the site and neighbouring developments.</p><p>The group is working with professional advisers on detailed plans and no timeline has been determined yet.</p><p>Investors were pleased with this announcement and sent HPL’s shares up 10.8% within a day to S$3.90, though the price has since declined to S$3.78.</p><p>When the redevelopment is completed, it could unlock the value of HPL’s key assets and re-rate them higher as their valuations will then increase.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: Singapore’s 9th President, Apple’s Launch Event and Frasers Centrepoint Trust</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\">\nSGX Weekly Review: Singapore’s 9th President, Apple’s Launch Event and Frasers Centrepoint Trust\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-03 10:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-frasers-centrepoint-trust-apples-launch-event-and-hotel-properties-limited/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to this week’s top stock market highlights.Tharman Shanmugaratnam Will Be Singapores’ 9th PresidentIn the first contested presidential election in over a decade, Singaporeans chose former ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-frasers-centrepoint-trust-apples-launch-event-and-hotel-properties-limited/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"H15.SI":"旅店置业","AAPL":"苹果","FRZCF":"Frasers Centrepoint Trust","URA":"Global X Uranium ETF","J69U.SI":"星狮地产信托"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-frasers-centrepoint-trust-apples-launch-event-and-hotel-properties-limited/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2364787241","content_text":"Welcome to this week’s top stock market highlights.Tharman Shanmugaratnam Will Be Singapores’ 9th PresidentIn the first contested presidential election in over a decade, Singaporeans chose former senior minister Tharman Shanmugaratnam as the nation’s next president – by a resounding margin.He received 1,746,427 votes, 70.4 percent of the more than 2.48 million valid votes cast on Friday (Sep 1), the Elections Department (ELD) announced at 12.22 am on Saturday.In a statement after the results, Prime Minister Lee Hsien Loong noted the “decisive margin” by which Tharman was elected. Noting Tharman’s “long and distinguished record of public service”, he said: “I have every confidence that he will carry out his duties as president with distinction.”Frasers Centrepoint Trust (SGX: J69U)Frasers Centrepoint Trust, or FCT, announced that it will divest Changi City Point for a consideration of S$338 million in cash.Completion is projected to be on 15 November this year and the retail REIT will recognise a net gain of around S$10.9 million.The net property income yield for Changi City Point stood at 4.31% based on the divestment consideration.The sale is part of FCT’s strategic portfolio review and is intended to create value for unitholders.The proceeds will be used to repay loans with higher interest rates to lower FCT’s aggregate leverage.Upon completion, the REIT’s aggregate leverage will fall from 40.2% currently to 37.1% while 73% of its loans will be hedged, up from the present 63%.Another benefit is that the REIT will enjoy a lower cost of borrowing at 3.6%, down slightly from 3.7% pre-divestment.FCT’s portfolio operating metrics will also see an uplift.The committed occupancy rate will improve from 98.7% to 99.3% while the average remaining lease tenure of the retail portfolio will increase by 2.3 years.Post-divestment, FCT’s portfolio will comprise nine retail malls and one office building with assets under management of S$6.5 billion.Apple (NASDAQ: AAPL)For all the Apple aficionados out there, get ready for news that will make you excited.The Cupertino-based technology company has set 12 September as the date for its biggest product upgrade event of the year.Apple is expected to unveil the latest generation of iPhone – iPhone 15, along with the next-generation smartwatches.Analysts are expecting two entry-level iPhone 15 models and two high-end models.The higher-end models will possess a redesigned frame made of titanium rather than stainless steel which will make them lighter.Of the models, the most expensive will sport a new camera with deeper optical zoom that allows for high-quality shots.In addition, these new iPhones will switch to a USB-C charging port to comply with new European Union regulations, the first change for the connector switch since 2012.For the Apple Watch, Apple will debut the Series 9 lineup and the second generation of the high-end Ultra.Both models will contain faster chips and feature new case colours.Hotel Properties Limited (SGX: H15)Hotel Properties Limited, or HPL, has received approval from the Urban Redevelopment Authority (URA) for the redevelopment of the Forum, voco Orchard Singapore, and HPL House.These properties have a combined total land area of around 151,000 square feet.The approval was given for the construction of a comprehensive mixed-use development comprising hotel, retail, office, and residential in two tower buildings of 64 storeys and 43 storeys.The development will also have a rooftop garden atop a six-storey podium along with a performance theatre and basement car park.Separately, another 29-storey tower will be erected above this basement car park.The total approved gross floor area for the proposed new development is more than 1.2 million square feet.This announcement is good news for HPL as the redevelopment can accelerate the transformation of Orchard Road into a more vibrant and prominent area.It will also create an area with mixed activities and provide connectivity between the site and neighbouring developments.The group is working with professional advisers on detailed plans and no timeline has been determined yet.Investors were pleased with this announcement and sent HPL’s shares up 10.8% within a day to S$3.90, though the price has since declined to S$3.78.When the redevelopment is completed, it could unlock the value of HPL’s key assets and re-rate them higher as their valuations will then increase.","news_type":1},"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}