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2021-02-06

At least they trying

Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote>

2021-03-17

Power I like him!

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2021-02-28

Buy more

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2021-02-27

Sell at news!

Why NVIDIA Shares Stumbled, After an Impressive Earnings Report<blockquote>为什么英伟达股价在令人印象深刻的收益报告后下跌</blockquote>

2021-02-25

Interesting

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2021-02-07

Another opportunity to buy

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2021-03-09

Good

SPAC Pioneers Reap the Rewards After Waiting Nearly 30 Years<blockquote>SPAC先驱等待近30年后收获回报</blockquote>

2021-02-06

Trap

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2021-02-03

Good to hear this

Market News: Ants reach overhaul agreement with regulators<blockquote>市场消息：蚂蚁与监管机构达成检修协议</blockquote>

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him!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/324663455","repostId":"1179894269","repostType":4,"isVote":1,"tweetType":1,"viewCount":2025,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323049897,"gmtCreate":1615292904119,"gmtModify":1703486865205,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/323049897","repostId":"1123577039","repostType":4,"repost":{"id":"1123577039","kind":"news","pubTimestamp":1615290997,"share":"https://www.laohu8.com/m/news/1123577039?lang=zh_CN&edition=full","pubTime":"2021-03-09 19:56","market":"us","language":"en","title":"SPAC Pioneers Reap the Rewards After Waiting Nearly 30 Years<blockquote>SPAC先驱等待近30年后收获回报</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123577039","media":"The Wall Street Journal","summary":"Blank-check companies have raised more than $70 billion this year; their co-creator once feared the ","content":"<p>Blank-check companies have raised more than $70 billion this year; their co-creator once feared the SPAC wouldn’t make it</p><p><blockquote>空白支票公司今年已筹集超过700亿美元；他们的联合创始人曾经担心SPAC无法成功</blockquote></p><p> The flashiest trend in finance traces back three decades to a pair of old law-school buddies. Now, they are finally cashing in.</p><p><blockquote>金融界最耀眼的趋势可以追溯到三十年前的一对法学院老朋友。现在，他们终于兑现了。</blockquote></p><p> Investment banker David Nussbaum and lawyer David Miller—known to each other as “Nuss” and “Miller”—invented the special-purpose acquisition company in 1993 to give private firms another way to access everyday investors. SPACs were rarely used and obscure for much of their careers,but are now all the rage—attracting the biggest names in&nbsp;finance,technology&nbsp;and&nbsp;entertainment. Messrs. Nussbaum and Miller have never been busier.</p><p><blockquote>投资银行家大卫·娜斯鲍姆(David Nussbaum)和律师大卫·米勒(David Miller)——彼此称为“Nuss”和“Miller”——于1993年发明了这家特殊目的收购公司，为私营公司提供了另一种接触日常投资者的方式。SPAC在其职业生涯的大部分时间里很少被使用且默默无闻，但现在风靡一时——吸引了金融、科技和娱乐领域的大腕。娜斯鲍姆先生和米勒先生从未如此忙碌过。</blockquote></p><p> “It’s taken me 27 years to become an overnight sensation,” said Mr. Nussbaum, a 66-year-old from Roslyn, N.Y., on Long Island, who co-founded the SPAC-focused investment bank EarlyBirdCapital Inc.</p><p><blockquote>“我花了27年时间才一夜成名，”66岁的努斯鲍姆说，他来自纽约长岛的罗斯林，是专注于SPAC的投资银行EarlyBirdCapital Inc.的联合创始人。</blockquote></p><p> Also called blank-check companies, SPACs are shell firms that list on a stock exchange with the sole purpose of combining with a private company to take it public. They have become a popular way for startups&nbsp;to access individual investors&nbsp;and a cash cow for the&nbsp;wealthy individuals who create them. SPAC founders now include everyone from hedge-fund manager William Ackman to former baseball player Alex Rodriguez.</p><p><blockquote>SPAC也称为空白支票公司，是在证券交易所上市的空壳公司，其唯一目的是与私营公司合并使其上市。它们已经成为初创公司接触个人投资者的一种流行方式，也是创建它们的富人的摇钱树。SPAC的创始人现在包括从对冲基金经理威廉·阿克曼到前棒球运动员A·罗德里格兹的所有人。</blockquote></p><p> SPACs have raised more than $70 billion this year and now account for roughly 70% of all initial public offerings, up from 20% two years ago and a negligible total for much of the past 20 years, according to Dealogic.</p><p><blockquote>根据Dealogic的数据，SPAC今年筹集了超过700亿美元，目前约占所有首次公开募股的70%，高于两年前的20%，在过去20年的大部分时间里，这一数字微不足道。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Pioneers Reap the Rewards After Waiting Nearly 30 Years<blockquote>SPAC先驱等待近30年后收获回报</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Pioneers Reap the Rewards After Waiting Nearly 30 Years<blockquote>SPAC先驱等待近30年后收获回报</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-03-09 19:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Blank-check companies have raised more than $70 billion this year; their co-creator once feared the SPAC wouldn’t make it</p><p><blockquote>空白支票公司今年已筹集超过700亿美元；他们的联合创始人曾经担心SPAC无法成功</blockquote></p><p> The flashiest trend in finance traces back three decades to a pair of old law-school buddies. Now, they are finally cashing in.</p><p><blockquote>金融界最耀眼的趋势可以追溯到三十年前的一对法学院老朋友。现在，他们终于兑现了。</blockquote></p><p> Investment banker David Nussbaum and lawyer David Miller—known to each other as “Nuss” and “Miller”—invented the special-purpose acquisition company in 1993 to give private firms another way to access everyday investors. SPACs were rarely used and obscure for much of their careers,but are now all the rage—attracting the biggest names in&nbsp;finance,technology&nbsp;and&nbsp;entertainment. Messrs. Nussbaum and Miller have never been busier.</p><p><blockquote>投资银行家大卫·娜斯鲍姆(David Nussbaum)和律师大卫·米勒(David Miller)——彼此称为“Nuss”和“Miller”——于1993年发明了这家特殊目的收购公司，为私营公司提供了另一种接触日常投资者的方式。SPAC在其职业生涯的大部分时间里很少被使用且默默无闻，但现在风靡一时——吸引了金融、科技和娱乐领域的大腕。娜斯鲍姆先生和米勒先生从未如此忙碌过。</blockquote></p><p> “It’s taken me 27 years to become an overnight sensation,” said Mr. Nussbaum, a 66-year-old from Roslyn, N.Y., on Long Island, who co-founded the SPAC-focused investment bank EarlyBirdCapital Inc.</p><p><blockquote>“我花了27年时间才一夜成名，”66岁的努斯鲍姆说，他来自纽约长岛的罗斯林，是专注于SPAC的投资银行EarlyBirdCapital Inc.的联合创始人。</blockquote></p><p> Also called blank-check companies, SPACs are shell firms that list on a stock exchange with the sole purpose of combining with a private company to take it public. They have become a popular way for startups&nbsp;to access individual investors&nbsp;and a cash cow for the&nbsp;wealthy individuals who create them. SPAC founders now include everyone from hedge-fund manager William Ackman to former baseball player Alex Rodriguez.</p><p><blockquote>SPAC也称为空白支票公司，是在证券交易所上市的空壳公司，其唯一目的是与私营公司合并使其上市。它们已经成为初创公司接触个人投资者的一种流行方式，也是创建它们的富人的摇钱树。SPAC的创始人现在包括从对冲基金经理威廉·阿克曼到前棒球运动员A·罗德里格兹的所有人。</blockquote></p><p> SPACs have raised more than $70 billion this year and now account for roughly 70% of all initial public offerings, up from 20% two years ago and a negligible total for much of the past 20 years, according to Dealogic.</p><p><blockquote>根据Dealogic的数据，SPAC今年筹集了超过700亿美元，目前约占所有首次公开募股的70%，高于两年前的20%，在过去20年的大部分时间里，这一数字微不足道。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/they-created-the-spac-in-1993-now-theyre-reaping-the-rewards-11615285801?mod=hp_lead_pos4\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/they-created-the-spac-in-1993-now-theyre-reaping-the-rewards-11615285801?mod=hp_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123577039","content_text":"Blank-check companies have raised more than $70 billion this year; their co-creator once feared the SPAC wouldn’t make it\nThe flashiest trend in finance traces back three decades to a pair of old law-school buddies. Now, they are finally cashing in.\nInvestment banker David Nussbaum and lawyer David Miller—known to each other as “Nuss” and “Miller”—invented the special-purpose acquisition company in 1993 to give private firms another way to access everyday investors. SPACs were rarely used and obscure for much of their careers,but are now all the rage—attracting the biggest names in finance,technology and entertainment. Messrs. Nussbaum and Miller have never been busier.\n“It’s taken me 27 years to become an overnight sensation,” said Mr. Nussbaum, a 66-year-old from Roslyn, N.Y., on Long Island, who co-founded the SPAC-focused investment bank EarlyBirdCapital Inc.\nAlso called blank-check companies, SPACs are shell firms that list on a stock exchange with the sole purpose of combining with a private company to take it public. They have become a popular way for startups to access individual investors and a cash cow for the wealthy individuals who create them. SPAC founders now include everyone from hedge-fund manager William Ackman to former baseball player Alex Rodriguez.\nSPACs have raised more than $70 billion this year and now account for roughly 70% of all initial public offerings, up from 20% two years ago and a negligible total for much of the past 20 years, according to Dealogic.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366634781,"gmtCreate":1614472041843,"gmtModify":1703477652935,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Buy more","listText":"Buy more","text":"Buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366634781","repostId":"1134884062","repostType":4,"isVote":1,"tweetType":1,"viewCount":1319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366836784,"gmtCreate":1614429852748,"gmtModify":1703477512999,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Sell at news!","listText":"Sell at news!","text":"Sell at news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366836784","repostId":"1150278371","repostType":4,"repost":{"id":"1150278371","kind":"news","pubTimestamp":1614332308,"share":"https://www.laohu8.com/m/news/1150278371?lang=zh_CN&edition=full","pubTime":"2021-02-26 17:38","market":"us","language":"en","title":"Why NVIDIA Shares Stumbled, After an Impressive Earnings Report<blockquote>为什么英伟达股价在令人印象深刻的收益报告后下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150278371","media":"Motley Fool","summary":"The soaring stock was arguably due for a correction, and some investors worry that the end of this c","content":"<p>The soaring stock was arguably due for a correction, and some investors worry that the end of this cryptocurrency boom could hurt NVIDIA's business.</p><p><blockquote>飙升的股票可以说是该回调了，一些投资者担心加密货币热潮的结束可能会损害英伟达的业务。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Semiconductor developer&nbsp;<b>NVIDIA</b>&nbsp;(NASDAQ:NVDA)&nbsp;posted strong fourth-quarter results last night with a side of optimistic guidance for the next reporting period. The stock fell as much as 8.2% on Thursday anyhow, because sometimes even an analyst-stumping report isn't quite enough to support a&nbsp;skyrocketing stock&nbsp;like NVIDIA's.</p><p><blockquote>半导体开发商<b>英伟达</b>（纳斯达克：NVDA）昨晚公布了强劲的第四季度业绩，并对下一个报告期提供了乐观的指引。无论如何，该股周四下跌了8.2%，因为有时即使是一份难倒分析师的报告也不足以支撑像英伟达这样飙升的股票。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>In the fourth quarter of 2020, NVIDIA's top-line revenue rose 62% year over year to $5 billion. Adjusted earnings climbed 64% higher, landing at $3.10 per diluted share. Your average analyst would have settled for earnings near $2.81 per share on sales in the neighborhood of $4.82 billion. The stellar results were driven by high demand for NVIDIA's data center processors and gaming products.</p><p><blockquote>2020年第四季度，英伟达的营收同比增长62%，达到50亿美元。调整后收益攀升64%，达到稀释后每股3.10美元。普通分析师会满足于每股收益接近2.81美元，销售额约为48.2亿美元。出色的业绩是由对英伟达数据中心处理器和游戏产品的高需求推动的。</blockquote></p><p>Heading into the report, NVIDIA's shares had gained 112% in 52 weeks. The stock traded at a nosebleed-inducing 95 times trailing earnings and 86 times&nbsp;free cash flow, setting the stage for a significant price cut despite a strong earnings report. Today, you can pick up NVIDIA's shares for the somewhat less exorbitant valuation ratios of 93 times adjusted earnings or 71 times free cash flow.</p><p><blockquote>报告发布前，英伟达股价在52周内上涨了112%。该股的市盈率为95倍，自由现金流为86倍，令人流鼻血，尽管盈利报告强劲，但仍为大幅降价奠定了基础。如今，您可以以调整后市盈率93倍或自由现金流71倍的估值比率购买NVIDIA股票。</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>Some investors also worry about artificial growth stemming from rising cryptocurrency prices. Specifically, NVIDIA's graphics processors are very efficient at mining&nbsp;<b>Ethereum</b>(CRYPTO:ETH)&nbsp;tokens and the smart-contract cryptocurrency has seen prices skyrocket 568% over the last year. If Ethereum miners are buying tons of NVIDIA's graphics cards, that leaves fewer units on store shelves for actual gamers. All of this is happening during a marketwide&nbsp;shortage of semiconductor manufacturing capacity, limiting the processor supplies even further. All of this sounds like good news for NVIDIA, but the idea is that it also exposes the company to significant market risks if Ethereum prices crash again, killing the demand for token-mining hardware.</p><p><blockquote>一些投资者还担心加密货币价格上涨带来的人为增长。具体来说，英伟达的图形处理器在挖掘方面非常高效<b>以太币</b>（CRYPTO：ETH）代币和智能合约加密货币的价格在去年飙升了568%。如果以太币矿工购买大量英伟达显卡，那么商店货架上留给真正游戏玩家的显卡就会减少。所有这一切都是在市场范围内半导体制造能力短缺的情况下发生的，进一步限制了处理器供应。所有这些对英伟达来说听起来都是好消息，但其想法是，如果以太币价格再次暴跌，该公司也将面临巨大的市场风险，从而扼杀对代币挖矿硬件的需求。</blockquote></p><p>NVIDIA's management has acknowledged this concern and&nbsp;taken steps to limit the Ethereum-mining appeal of its gaming hardware. Furthermore, CEO Jensen Huang argues that the cryptocurrency mining market is a fairly small part of his company's end-user market. Hyper-specialized application-specific integrated circuits (ASICs) play a much larger role in the crypto-mining sector.</p><p><blockquote>英伟达管理层已经承认了这一担忧，并采取措施限制其游戏硬件的以太币挖掘吸引力。此外，首席执行官黄仁勋认为，加密货币挖矿市场在其公司的最终用户市场中只占相当小的一部分。超专业化专用集成电路（ASIC）在密码挖掘领域发挥着更大的作用。</blockquote></p><p>\"I think that this is going to be a part of our business. It won't grow extremely large no matter what happens and the reason for that is because when it starts to grow large, more ASICs come to the market, which kinds of mutes it,\" Huang said on the fourth-quarter earnings call. \"When the market becomes smaller, it's harder for ASICs to sustain the R&amp;D and so the spot miners, industrial miners come back and then we'll create [cryptocurrency mining processors]. And so we expect it to be a small part of our business as we go forward. \"</p><p><blockquote>“我认为这将成为我们业务的一部分。无论发生什么，它都不会变得非常大，原因是当它开始变大时，更多的ASIC进入市场，这使得它静音，”黄在第四季度财报看涨期权上说道。“当市场变小时，ASIC就更难维持研发，因此现货矿商、工业矿商会回来，然后我们将创建[加密货币挖矿处理器]。因此，我们预计它将成为我们业务的一小部分随着我们的前进。”</blockquote></p><p>The company can't track how people end up using the chips it sells, but Huang estimates that roughly $200 million of this quarter's gaming product sales came from mining enthusiasts. That's just 8% of a $2.5 billion top-line haul.</p><p><blockquote>该公司无法追踪人们最终如何使用其销售的芯片，但Huang估计本季度游戏产品销售额中约有2亿美元来自挖矿爱好者。这仅占25亿美元营收的8%。</blockquote></p><p>All of this is to say that NVIDIA's post-earnings correction may have been amplified by the Ethereum mining risk, and that particular threat doesn't look all that menacing. Therefore, you could make a case that NVIDIA's shares are selling at a discount today -- despite the sky-high valuation ratios.</p><p><blockquote>所有这些都表明，英伟达的财报后调整可能被以太币挖矿风险放大了，而这种特殊威胁看起来并没有那么具有威胁性。因此，你可以证明英伟达的股票今天正在以折扣价出售——尽管估值比率极高。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why NVIDIA Shares Stumbled, After an Impressive Earnings Report<blockquote>为什么英伟达股价在令人印象深刻的收益报告后下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy NVIDIA Shares Stumbled, After an Impressive Earnings Report<blockquote>为什么英伟达股价在令人印象深刻的收益报告后下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-02-26 17:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The soaring stock was arguably due for a correction, and some investors worry that the end of this cryptocurrency boom could hurt NVIDIA's business.</p><p><blockquote>飙升的股票可以说是该回调了，一些投资者担心加密货币热潮的结束可能会损害英伟达的业务。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Semiconductor developer&nbsp;<b>NVIDIA</b>&nbsp;(NASDAQ:NVDA)&nbsp;posted strong fourth-quarter results last night with a side of optimistic guidance for the next reporting period. The stock fell as much as 8.2% on Thursday anyhow, because sometimes even an analyst-stumping report isn't quite enough to support a&nbsp;skyrocketing stock&nbsp;like NVIDIA's.</p><p><blockquote>半导体开发商<b>英伟达</b>（纳斯达克：NVDA）昨晚公布了强劲的第四季度业绩，并对下一个报告期提供了乐观的指引。无论如何，该股周四下跌了8.2%，因为有时即使是一份难倒分析师的报告也不足以支撑像英伟达这样飙升的股票。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>In the fourth quarter of 2020, NVIDIA's top-line revenue rose 62% year over year to $5 billion. Adjusted earnings climbed 64% higher, landing at $3.10 per diluted share. Your average analyst would have settled for earnings near $2.81 per share on sales in the neighborhood of $4.82 billion. The stellar results were driven by high demand for NVIDIA's data center processors and gaming products.</p><p><blockquote>2020年第四季度，英伟达的营收同比增长62%，达到50亿美元。调整后收益攀升64%，达到稀释后每股3.10美元。普通分析师会满足于每股收益接近2.81美元，销售额约为48.2亿美元。出色的业绩是由对英伟达数据中心处理器和游戏产品的高需求推动的。</blockquote></p><p>Heading into the report, NVIDIA's shares had gained 112% in 52 weeks. The stock traded at a nosebleed-inducing 95 times trailing earnings and 86 times&nbsp;free cash flow, setting the stage for a significant price cut despite a strong earnings report. Today, you can pick up NVIDIA's shares for the somewhat less exorbitant valuation ratios of 93 times adjusted earnings or 71 times free cash flow.</p><p><blockquote>报告发布前，英伟达股价在52周内上涨了112%。该股的市盈率为95倍，自由现金流为86倍，令人流鼻血，尽管盈利报告强劲，但仍为大幅降价奠定了基础。如今，您可以以调整后市盈率93倍或自由现金流71倍的估值比率购买NVIDIA股票。</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>Some investors also worry about artificial growth stemming from rising cryptocurrency prices. Specifically, NVIDIA's graphics processors are very efficient at mining&nbsp;<b>Ethereum</b>(CRYPTO:ETH)&nbsp;tokens and the smart-contract cryptocurrency has seen prices skyrocket 568% over the last year. If Ethereum miners are buying tons of NVIDIA's graphics cards, that leaves fewer units on store shelves for actual gamers. All of this is happening during a marketwide&nbsp;shortage of semiconductor manufacturing capacity, limiting the processor supplies even further. All of this sounds like good news for NVIDIA, but the idea is that it also exposes the company to significant market risks if Ethereum prices crash again, killing the demand for token-mining hardware.</p><p><blockquote>一些投资者还担心加密货币价格上涨带来的人为增长。具体来说，英伟达的图形处理器在挖掘方面非常高效<b>以太币</b>（CRYPTO：ETH）代币和智能合约加密货币的价格在去年飙升了568%。如果以太币矿工购买大量英伟达显卡，那么商店货架上留给真正游戏玩家的显卡就会减少。所有这一切都是在市场范围内半导体制造能力短缺的情况下发生的，进一步限制了处理器供应。所有这些对英伟达来说听起来都是好消息，但其想法是，如果以太币价格再次暴跌，该公司也将面临巨大的市场风险，从而扼杀对代币挖矿硬件的需求。</blockquote></p><p>NVIDIA's management has acknowledged this concern and&nbsp;taken steps to limit the Ethereum-mining appeal of its gaming hardware. Furthermore, CEO Jensen Huang argues that the cryptocurrency mining market is a fairly small part of his company's end-user market. Hyper-specialized application-specific integrated circuits (ASICs) play a much larger role in the crypto-mining sector.</p><p><blockquote>英伟达管理层已经承认了这一担忧，并采取措施限制其游戏硬件的以太币挖掘吸引力。此外，首席执行官黄仁勋认为，加密货币挖矿市场在其公司的最终用户市场中只占相当小的一部分。超专业化专用集成电路（ASIC）在密码挖掘领域发挥着更大的作用。</blockquote></p><p>\"I think that this is going to be a part of our business. It won't grow extremely large no matter what happens and the reason for that is because when it starts to grow large, more ASICs come to the market, which kinds of mutes it,\" Huang said on the fourth-quarter earnings call. \"When the market becomes smaller, it's harder for ASICs to sustain the R&amp;D and so the spot miners, industrial miners come back and then we'll create [cryptocurrency mining processors]. And so we expect it to be a small part of our business as we go forward. \"</p><p><blockquote>“我认为这将成为我们业务的一部分。无论发生什么，它都不会变得非常大，原因是当它开始变大时，更多的ASIC进入市场，这使得它静音，”黄在第四季度财报看涨期权上说道。“当市场变小时，ASIC就更难维持研发，因此现货矿商、工业矿商会回来，然后我们将创建[加密货币挖矿处理器]。因此，我们预计它将成为我们业务的一小部分随着我们的前进。”</blockquote></p><p>The company can't track how people end up using the chips it sells, but Huang estimates that roughly $200 million of this quarter's gaming product sales came from mining enthusiasts. That's just 8% of a $2.5 billion top-line haul.</p><p><blockquote>该公司无法追踪人们最终如何使用其销售的芯片，但Huang估计本季度游戏产品销售额中约有2亿美元来自挖矿爱好者。这仅占25亿美元营收的8%。</blockquote></p><p>All of this is to say that NVIDIA's post-earnings correction may have been amplified by the Ethereum mining risk, and that particular threat doesn't look all that menacing. Therefore, you could make a case that NVIDIA's shares are selling at a discount today -- despite the sky-high valuation ratios.</p><p><blockquote>所有这些都表明，英伟达的财报后调整可能被以太币挖矿风险放大了，而这种特殊威胁看起来并没有那么具有威胁性。因此，你可以证明英伟达的股票今天正在以折扣价出售——尽管估值比率极高。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/02/25/why-nvidia-shares-stumbled-today-after-an-impressi/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/02/25/why-nvidia-shares-stumbled-today-after-an-impressi/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150278371","content_text":"The soaring stock was arguably due for a correction, and some investors worry that the end of this cryptocurrency boom could hurt NVIDIA's business.What happenedSemiconductor developer NVIDIA (NASDAQ:NVDA) posted strong fourth-quarter results last night with a side of optimistic guidance for the next reporting period. The stock fell as much as 8.2% on Thursday anyhow, because sometimes even an analyst-stumping report isn't quite enough to support a skyrocketing stock like NVIDIA's.So whatIn the fourth quarter of 2020, NVIDIA's top-line revenue rose 62% year over year to $5 billion. Adjusted earnings climbed 64% higher, landing at $3.10 per diluted share. Your average analyst would have settled for earnings near $2.81 per share on sales in the neighborhood of $4.82 billion. The stellar results were driven by high demand for NVIDIA's data center processors and gaming products.Heading into the report, NVIDIA's shares had gained 112% in 52 weeks. The stock traded at a nosebleed-inducing 95 times trailing earnings and 86 times free cash flow, setting the stage for a significant price cut despite a strong earnings report. Today, you can pick up NVIDIA's shares for the somewhat less exorbitant valuation ratios of 93 times adjusted earnings or 71 times free cash flow.Now whatSome investors also worry about artificial growth stemming from rising cryptocurrency prices. Specifically, NVIDIA's graphics processors are very efficient at mining Ethereum(CRYPTO:ETH) tokens and the smart-contract cryptocurrency has seen prices skyrocket 568% over the last year. If Ethereum miners are buying tons of NVIDIA's graphics cards, that leaves fewer units on store shelves for actual gamers. All of this is happening during a marketwide shortage of semiconductor manufacturing capacity, limiting the processor supplies even further. All of this sounds like good news for NVIDIA, but the idea is that it also exposes the company to significant market risks if Ethereum prices crash again, killing the demand for token-mining hardware.NVIDIA's management has acknowledged this concern and taken steps to limit the Ethereum-mining appeal of its gaming hardware. Furthermore, CEO Jensen Huang argues that the cryptocurrency mining market is a fairly small part of his company's end-user market. Hyper-specialized application-specific integrated circuits (ASICs) play a much larger role in the crypto-mining sector.\"I think that this is going to be a part of our business. It won't grow extremely large no matter what happens and the reason for that is because when it starts to grow large, more ASICs come to the market, which kinds of mutes it,\" Huang said on the fourth-quarter earnings call. \"When the market becomes smaller, it's harder for ASICs to sustain the R&D and so the spot miners, industrial miners come back and then we'll create [cryptocurrency mining processors]. And so we expect it to be a small part of our business as we go forward. \"The company can't track how people end up using the chips it sells, but Huang estimates that roughly $200 million of this quarter's gaming product sales came from mining enthusiasts. That's just 8% of a $2.5 billion top-line haul.All of this is to say that NVIDIA's post-earnings correction may have been amplified by the Ethereum mining risk, and that particular threat doesn't look all that menacing. Therefore, you could make a case that NVIDIA's shares are selling at a discount today -- despite the sky-high valuation ratios.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":2405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361488957,"gmtCreate":1614254802279,"gmtModify":1634550456134,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Good news for xiaomi","listText":"Good news for xiaomi","text":"Good news for xiaomi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361488957","repostId":"2114317810","repostType":4,"isVote":1,"tweetType":1,"viewCount":1172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361412650,"gmtCreate":1614254133970,"gmtModify":1634550459014,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361412650","repostId":"1138521814","repostType":4,"isVote":1,"tweetType":1,"viewCount":1553,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389028101,"gmtCreate":1612627845603,"gmtModify":1703764060637,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Another opportunity to buy","listText":"Another opportunity to buy","text":"Another opportunity to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389028101","repostId":"2109723032","repostType":2,"isVote":1,"tweetType":1,"viewCount":2269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380469790,"gmtCreate":1612575139110,"gmtModify":1703763766885,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"At least they trying","listText":"At least they trying","text":"At least they trying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/380469790","repostId":"1142907763","repostType":4,"repost":{"id":"1142907763","kind":"news","pubTimestamp":1612514969,"share":"https://www.laohu8.com/m/news/1142907763?lang=zh_CN&edition=full","pubTime":"2021-02-05 16:49","market":"us","language":"en","title":"Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142907763","media":"globenewswire","summary":"Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stak","content":"<p><i>Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations</i></p><p><blockquote><i>开曼法院与美国破产法院之间的协调，以保护利益相关者的利益并促进瑞幸咖啡重组其财务义务</i></blockquote></p><p> <i>All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected</i></p><p><blockquote><i>公司所有门店保持营业并为中国客户提供服务；预计不会对日常运营产生重大影响</i></blockquote></p><p> <i>Company Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees</i></p><p><blockquote><i>公司在日常业务过程中继续履行贸易义务，包括向供应商、销售商和员工付款</i></blockquote></p><p> BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez &amp; Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez &amp; Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.</p><p><blockquote>北京，2021年2月5日(环球通讯社)--瑞星咖啡股份有限公司（“公司”）（场外交易代码：LKNCY）的联合临时清算人（“JPLs”）、Alvarez&amp;Marsal Cayman Islands Limited的Alexander Lawson和Alvarez&amp;Marsal Asia Limited的Wing Sze Tiffany Wong今天根据美国法典第11篇第15章向美国纽约南区破产法院（“美国破产法院”）提交了一份经过验证的请愿书（“第15章请愿书”）。第15章呈请寻求（其中包括）美国承认本公司在开曼群岛大法院（“开曼法院”）金融服务部2020年第157号案件（ASCJ）（“开曼程序”）1待决的临时清算及相关救济。</blockquote></p><p> The Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.</p><p><blockquote>为了所有利益相关者的利益，公司正在与其利益相关者就公司财务义务的重组进行谈判，以加强公司的资产负债表，并使其能够作为持续经营企业摆脱开曼诉讼。第15章申请中寻求的救济是公司重组的重要组成部分。这项救济将通过允许开曼法院和美国破产法院之间的协调来促进公司资产的集中管理，以保护利益相关者的利益，同时促进公司的重组。</blockquote></p><p> All Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.</p><p><blockquote>公司的所有商店仍然营业，为中国的客户提供高质量、实惠和便利的产品。根据美国破产法第15章提交请愿书预计不会对公司的日常运营产生重大影响。公司在日常业务过程中继续履行其贸易义务，包括向供应商、销售商和员工付款。</blockquote></p><p> ______</p><p><blockquote>______</blockquote></p><p> 1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.</p><p><blockquote>1本公司早前披露开曼诉讼于2020年7月15日展开。</blockquote></p><p> <b>Safe Harbor Statement</b></p><p><blockquote><b>安全港声明</b></blockquote></p><p></p><p> This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p><p><blockquote>本公告包含经修订的1934年证券交易法第21E节含义内的前瞻性陈述。这些前瞻性陈述是根据1995年美国私人证券诉讼改革法案的“安全港”条款做出的。这些陈述可以通过术语来识别，例如“将”、“期望”、“预期”、“未来”、“打算”、“计划”、“相信”、“估计”、“潜力”、“继续”、“正在进行”、“目标”、“指导”和类似的陈述。公司还可能在向美国证券交易委员会（“SEC”）提交的定期报告、向股东提交的年度报告、新闻稿和其他书面材料以及口头声明中做出书面或口头前瞻性陈述。其管理人员、董事或员工向第三方（包括联合临时清算人）。任何非历史事实的陈述，包括有关公司信念和期望的陈述，都是前瞻性陈述。前瞻性陈述涉及固有的风险和不确定性。许多因素可能导致实际结果与任何前瞻性陈述中包含的结果存在重大差异，包括但不限于以下内容：与公司相关的现有或未来法律和政府诉讼、调查的费用、时间和结果；公司财务义务正在进行的重组的结果和影响；公司的增长战略；其未来业务发展、经营业绩及财务状况；公司之前发布的某些财务业绩中识别的非依赖以及由此导致的重述的影响；公司财务报表审计的完成时间或结果；内部控制的有效性；其留住和吸引客户的能力；其维持及提升其品牌知名度及声誉的能力；其维持和改进质量控制政策和措施的能力；其与供应商和业务合作伙伴建立和维护关系的能力；中国咖啡行业或中国食品及饮料行业的趋势及竞争；其收入和某些成本或费用项目的变化；中国咖啡行业或中国食品及饮料行业整体的预期增长；与本公司所处行业有关的中国政府政策及法规；新冠肺炎的潜在影响以及全球和中国的总体经济和商业状况以及与上述任何内容相关或相关的假设。有关这些和其他风险、不确定性或因素的更多信息包含在公司向SEC提交的文件中。本新闻稿和附件中提供的所有信息均截至本新闻稿发布之日，公司不承担更新任何前瞻性声明的义务，除非适用法律要求。</blockquote></p><p> <b>About Luckin Coffee Inc.</b></p><p><blockquote><b>关于瑞星咖啡公司。</b></blockquote></p><p> Luckin Coffee Inc.&nbsp;(OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in&nbsp;China. </p><p><blockquote>瑞星咖啡公司（场外交易代码：LKNCY）开创了一个技术驱动的零售网络，为顾客提供高品质、高性价比和高便利性的咖啡和其他产品。在大数据分析、人工智能和专有技术的支持下，该公司追求成为每个人日常生活一部分的使命，从咖啡开始。该公司成立于2017年，总部位于中国。</blockquote></p><p></p>","source":"lsy1573717531661","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>Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLuckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">globenewswire</strong><span class=\"h-time small\">2021-02-05 16:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations</i></p><p><blockquote><i>开曼法院与美国破产法院之间的协调，以保护利益相关者的利益并促进瑞幸咖啡重组其财务义务</i></blockquote></p><p> <i>All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected</i></p><p><blockquote><i>公司所有门店保持营业并为中国客户提供服务；预计不会对日常运营产生重大影响</i></blockquote></p><p> <i>Company Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees</i></p><p><blockquote><i>公司在日常业务过程中继续履行贸易义务，包括向供应商、销售商和员工付款</i></blockquote></p><p> BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez &amp; Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez &amp; Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.</p><p><blockquote>北京，2021年2月5日(环球通讯社)--瑞星咖啡股份有限公司（“公司”）（场外交易代码：LKNCY）的联合临时清算人（“JPLs”）、Alvarez&amp;Marsal Cayman Islands Limited的Alexander Lawson和Alvarez&amp;Marsal Asia Limited的Wing Sze Tiffany Wong今天根据美国法典第11篇第15章向美国纽约南区破产法院（“美国破产法院”）提交了一份经过验证的请愿书（“第15章请愿书”）。第15章呈请寻求（其中包括）美国承认本公司在开曼群岛大法院（“开曼法院”）金融服务部2020年第157号案件（ASCJ）（“开曼程序”）1待决的临时清算及相关救济。</blockquote></p><p> The Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.</p><p><blockquote>为了所有利益相关者的利益，公司正在与其利益相关者就公司财务义务的重组进行谈判，以加强公司的资产负债表，并使其能够作为持续经营企业摆脱开曼诉讼。第15章申请中寻求的救济是公司重组的重要组成部分。这项救济将通过允许开曼法院和美国破产法院之间的协调来促进公司资产的集中管理，以保护利益相关者的利益，同时促进公司的重组。</blockquote></p><p> All Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.</p><p><blockquote>公司的所有商店仍然营业，为中国的客户提供高质量、实惠和便利的产品。根据美国破产法第15章提交请愿书预计不会对公司的日常运营产生重大影响。公司在日常业务过程中继续履行其贸易义务，包括向供应商、销售商和员工付款。</blockquote></p><p> ______</p><p><blockquote>______</blockquote></p><p> 1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.</p><p><blockquote>1本公司早前披露开曼诉讼于2020年7月15日展开。</blockquote></p><p> <b>Safe Harbor Statement</b></p><p><blockquote><b>安全港声明</b></blockquote></p><p></p><p> This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p><p><blockquote>本公告包含经修订的1934年证券交易法第21E节含义内的前瞻性陈述。这些前瞻性陈述是根据1995年美国私人证券诉讼改革法案的“安全港”条款做出的。这些陈述可以通过术语来识别，例如“将”、“期望”、“预期”、“未来”、“打算”、“计划”、“相信”、“估计”、“潜力”、“继续”、“正在进行”、“目标”、“指导”和类似的陈述。公司还可能在向美国证券交易委员会（“SEC”）提交的定期报告、向股东提交的年度报告、新闻稿和其他书面材料以及口头声明中做出书面或口头前瞻性陈述。其管理人员、董事或员工向第三方（包括联合临时清算人）。任何非历史事实的陈述，包括有关公司信念和期望的陈述，都是前瞻性陈述。前瞻性陈述涉及固有的风险和不确定性。许多因素可能导致实际结果与任何前瞻性陈述中包含的结果存在重大差异，包括但不限于以下内容：与公司相关的现有或未来法律和政府诉讼、调查的费用、时间和结果；公司财务义务正在进行的重组的结果和影响；公司的增长战略；其未来业务发展、经营业绩及财务状况；公司之前发布的某些财务业绩中识别的非依赖以及由此导致的重述的影响；公司财务报表审计的完成时间或结果；内部控制的有效性；其留住和吸引客户的能力；其维持及提升其品牌知名度及声誉的能力；其维持和改进质量控制政策和措施的能力；其与供应商和业务合作伙伴建立和维护关系的能力；中国咖啡行业或中国食品及饮料行业的趋势及竞争；其收入和某些成本或费用项目的变化；中国咖啡行业或中国食品及饮料行业整体的预期增长；与本公司所处行业有关的中国政府政策及法规；新冠肺炎的潜在影响以及全球和中国的总体经济和商业状况以及与上述任何内容相关或相关的假设。有关这些和其他风险、不确定性或因素的更多信息包含在公司向SEC提交的文件中。本新闻稿和附件中提供的所有信息均截至本新闻稿发布之日，公司不承担更新任何前瞻性声明的义务，除非适用法律要求。</blockquote></p><p> <b>About Luckin Coffee Inc.</b></p><p><blockquote><b>关于瑞星咖啡公司。</b></blockquote></p><p> Luckin Coffee Inc.&nbsp;(OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in&nbsp;China. </p><p><blockquote>瑞星咖啡公司（场外交易代码：LKNCY）开创了一个技术驱动的零售网络，为顾客提供高品质、高性价比和高便利性的咖啡和其他产品。在大数据分析、人工智能和专有技术的支持下，该公司追求成为每个人日常生活一部分的使命，从咖啡开始。该公司成立于2017年，总部位于中国。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"http://www.globenewswire.com/news-release/2021/02/05/2170477/0/en/Luckin-Coffee-s-Restructuring-Efforts-Move-Forward-with-Commencement-of-its-Chapter-15-Case-in-the-United-States.html\">globenewswire</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3d12f820102df1859c1d25e4011ee104","relate_stocks":{"LKNCY":"瑞幸咖啡"},"source_url":"http://www.globenewswire.com/news-release/2021/02/05/2170477/0/en/Luckin-Coffee-s-Restructuring-Efforts-Move-Forward-with-Commencement-of-its-Chapter-15-Case-in-the-United-States.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142907763","content_text":"Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations\nAll Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected\nCompany Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees\nBEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez & Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.\nThe Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.\nAll Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.\n______\n1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.\nSafe Harbor Statement\nThis announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.\nAbout Luckin Coffee Inc.\nLuckin Coffee Inc. (OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in China.","news_type":1,"symbols_score_info":{"LKNCY":0.9,"LK":0.9}},"isVote":1,"tweetType":1,"viewCount":1686,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380469110,"gmtCreate":1612575013030,"gmtModify":1703763766018,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Trap","listText":"Trap","text":"Trap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/380469110","repostId":"1132260998","repostType":4,"isVote":1,"tweetType":1,"viewCount":1143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314595360,"gmtCreate":1612361251150,"gmtModify":1703760826465,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Good to hear this","listText":"Good to hear this","text":"Good to hear this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/314595360","repostId":"2108570747","repostType":4,"repost":{"id":"2108570747","kind":"news","pubTimestamp":1612344121,"share":"https://www.laohu8.com/m/news/2108570747?lang=zh_CN&edition=full","pubTime":"2021-02-03 17:22","market":"us","language":"en","title":"Market News: Ants reach overhaul agreement with regulators<blockquote>市场消息：蚂蚁与监管机构达成检修协议</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2108570747","media":"Bloomberg","summary":"(Bloomberg) -- Ant Group Co. and Chinese regulators have agreed on a restructuring plan that will tu","content":"<p>(Bloomberg) -- Ant Group Co. and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company, making it subject to capital requirements similar to those for banks.</p><p><blockquote>（彭博社）——蚂蚁集团公司和中国监管机构已就一项重组计划达成一致，该计划将把马云的金融科技巨头转变为一家金融控股公司，使其受到类似于银行的资本要求的约束。</blockquote></p><p> The plan calls for putting all of Ant’s businesses into the holding company, including its technology offerings in areas like blockchain and food delivery, people familiar with the matter said. One of Ant’s early proposals to regulators had envisioned putting only financial operations into the new structure.</p><p><blockquote>知情人士称，评级计划将蚂蚁金服的所有业务纳入控股公司，包括区块链和食品配送等领域的技术产品。蚂蚁金服向监管机构提出的早期提案之一曾设想仅将金融业务纳入新结构。</blockquote></p><p> An official announcement on the overhaul could come before the start of China’s Lunar New Year holiday next week, the people said, asking not to be identified discussing private information. Alibaba Group Holding Ltd., which owns about a third of Ant, erased losses in Hong Kong trading on Wednesday after Bloomberg reported the agreement. The stock closed with a 0.4% gain.</p><p><blockquote>知情人士称，有关此次改革的官方公告可能会在下周中国农历新年假期开始前发布。因讨论私人信息而要求匿名。在彭博社报道该协议后，拥有蚂蚁金服约三分之一股份的阿里巴巴-SW集团控股有限公司周三在香港交易中抹去了跌幅。该股收盘上涨0.4%。</blockquote></p><p> Ant’s restructuring plan marks the first big step in what’s expected to be a lengthy overhaul process, as regulators draw up detailed capital requirements and other guidelines for companies that span multiple financial business lines.</p><p><blockquote>蚂蚁金服的重组计划标志着预计将是漫长改革过程的第一大步，监管机构为跨越多个金融业务线的公司制定了详细的资本要求和其他指导方针。</blockquote></p><p> China only introduced its framework for financial holding companies in September and many of the specifics are still being ironed out. While the rules will eventually provide more regulatory clarity for Ant, they’ll almost certainly force the company to slow the torrid pace of expansion that has made it China’s dominant fintech player and <a href=\"https://laohu8.com/S/AONE\">one</a> of the world’s most valuable startups.</p><p><blockquote>中国在9月份才推出了金融控股公司框架，许多细节仍在敲定中。虽然这些规则最终将为蚂蚁金服提供更加明确的监管，但几乎肯定会迫使该公司放慢快速的扩张步伐，正是这种扩张使其成为中国占主导地位的金融科技公司<a href=\"https://laohu8.com/S/AONE\">一</a>世界上最有价值的创业公司之一。</blockquote></p><p> Ant is still exploring possibilities to revive its initial public offering, which was abruptly halted by regulators in November, <a href=\"https://laohu8.com/S/AONE.U\">one</a> person familiar with the matter said. But given the financial holding company framework is so new, it’s unclear how long it might take for authorities to sign off a listing.</p><p><blockquote>蚂蚁金服仍在探索恢复首次公开募股的可能性，该IPO于11月被监管机构突然叫停，<a href=\"https://laohu8.com/S/AONE.U\">一</a>知情人士表示。但鉴于金融控股公司框架如此之新，尚不清楚当局需要多长时间才能批准上市。</blockquote></p><p> Ant declined to comment. The People’s Bank of China, which oversees financial holding companies, didn’t immediately respond to a faxed request for comment.</p><p><blockquote>蚂蚁拒绝置评。负责监管金融控股公司的中国人民银行没有立即回应传真的置评请求。</blockquote></p><p> Ant’s restructuring is part of a broader government campaign to increase supervision of the financial and technology sectors. Regulators have in recent months targeted everything from health-care crowdfunding to consumer lending. In January, they proposed measures to curb market concentration in online payments, where Ant and Tencent Holdings Ltd. are the biggest players.</p><p><blockquote>蚂蚁金服的重组是政府加强对金融和科技行业监管的更广泛行动的一部分。近几个月来，监管机构瞄准了从医疗保健众筹到消费贷款的各个领域。一月份，他们提出了遏制在线支付市场集中度的措施，蚂蚁金服和腾讯控股控股有限公司是该领域最大的参与者。</blockquote></p><p> The clampdown has fueled intense speculation over the status of Ma, who co-founded both Ant and Alibaba. The e-commerce giant has also faced increased government scrutiny in recent months, becoming the target of an antitrust investigation in December.</p><p><blockquote>此次打压引发了人们对马云地位的强烈猜测，马云是蚂蚁金服和阿里巴巴-SW的联合创始人。近几个月来，这家电子商务巨头还面临着越来越多的政府审查，并在12月成为反垄断调查的目标。</blockquote></p><p> Ma’s appearance in a live-streamed video conference in January -- after several months out of public view -- has helped quell talk of worst-case scenarios for his business empire. Still, plenty of uncertainty remains: even after Wednesday’s gain, Alibaba’s Hong Kong shares are trading about 15% below their record high in October.</p><p><blockquote>马云在离开公众视野几个月后，一月份出现在一次视频直播会议上，这有助于平息有关他的商业帝国最坏情况的讨论。尽管如此，仍存在大量不确定性：即使在周三上涨之后，阿里巴巴-SW港股的交易价格仍比10月份的历史高点低约15%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market News: Ants reach overhaul agreement with regulators<blockquote>市场消息：蚂蚁与监管机构达成检修协议</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket News: Ants reach overhaul agreement with regulators<blockquote>市场消息：蚂蚁与监管机构达成检修协议</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-02-03 17:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- Ant Group Co. and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company, making it subject to capital requirements similar to those for banks.</p><p><blockquote>（彭博社）——蚂蚁集团公司和中国监管机构已就一项重组计划达成一致，该计划将把马云的金融科技巨头转变为一家金融控股公司，使其受到类似于银行的资本要求的约束。</blockquote></p><p> The plan calls for putting all of Ant’s businesses into the holding company, including its technology offerings in areas like blockchain and food delivery, people familiar with the matter said. One of Ant’s early proposals to regulators had envisioned putting only financial operations into the new structure.</p><p><blockquote>知情人士称，评级计划将蚂蚁金服的所有业务纳入控股公司，包括区块链和食品配送等领域的技术产品。蚂蚁金服向监管机构提出的早期提案之一曾设想仅将金融业务纳入新结构。</blockquote></p><p> An official announcement on the overhaul could come before the start of China’s Lunar New Year holiday next week, the people said, asking not to be identified discussing private information. Alibaba Group Holding Ltd., which owns about a third of Ant, erased losses in Hong Kong trading on Wednesday after Bloomberg reported the agreement. The stock closed with a 0.4% gain.</p><p><blockquote>知情人士称，有关此次改革的官方公告可能会在下周中国农历新年假期开始前发布。因讨论私人信息而要求匿名。在彭博社报道该协议后，拥有蚂蚁金服约三分之一股份的阿里巴巴-SW集团控股有限公司周三在香港交易中抹去了跌幅。该股收盘上涨0.4%。</blockquote></p><p> Ant’s restructuring plan marks the first big step in what’s expected to be a lengthy overhaul process, as regulators draw up detailed capital requirements and other guidelines for companies that span multiple financial business lines.</p><p><blockquote>蚂蚁金服的重组计划标志着预计将是漫长改革过程的第一大步，监管机构为跨越多个金融业务线的公司制定了详细的资本要求和其他指导方针。</blockquote></p><p> China only introduced its framework for financial holding companies in September and many of the specifics are still being ironed out. While the rules will eventually provide more regulatory clarity for Ant, they’ll almost certainly force the company to slow the torrid pace of expansion that has made it China’s dominant fintech player and <a href=\"https://laohu8.com/S/AONE\">one</a> of the world’s most valuable startups.</p><p><blockquote>中国在9月份才推出了金融控股公司框架，许多细节仍在敲定中。虽然这些规则最终将为蚂蚁金服提供更加明确的监管，但几乎肯定会迫使该公司放慢快速的扩张步伐，正是这种扩张使其成为中国占主导地位的金融科技公司<a href=\"https://laohu8.com/S/AONE\">一</a>世界上最有价值的创业公司之一。</blockquote></p><p> Ant is still exploring possibilities to revive its initial public offering, which was abruptly halted by regulators in November, <a href=\"https://laohu8.com/S/AONE.U\">one</a> person familiar with the matter said. But given the financial holding company framework is so new, it’s unclear how long it might take for authorities to sign off a listing.</p><p><blockquote>蚂蚁金服仍在探索恢复首次公开募股的可能性，该IPO于11月被监管机构突然叫停，<a href=\"https://laohu8.com/S/AONE.U\">一</a>知情人士表示。但鉴于金融控股公司框架如此之新，尚不清楚当局需要多长时间才能批准上市。</blockquote></p><p> Ant declined to comment. The People’s Bank of China, which oversees financial holding companies, didn’t immediately respond to a faxed request for comment.</p><p><blockquote>蚂蚁拒绝置评。负责监管金融控股公司的中国人民银行没有立即回应传真的置评请求。</blockquote></p><p> Ant’s restructuring is part of a broader government campaign to increase supervision of the financial and technology sectors. Regulators have in recent months targeted everything from health-care crowdfunding to consumer lending. In January, they proposed measures to curb market concentration in online payments, where Ant and Tencent Holdings Ltd. are the biggest players.</p><p><blockquote>蚂蚁金服的重组是政府加强对金融和科技行业监管的更广泛行动的一部分。近几个月来，监管机构瞄准了从医疗保健众筹到消费贷款的各个领域。一月份，他们提出了遏制在线支付市场集中度的措施，蚂蚁金服和腾讯控股控股有限公司是该领域最大的参与者。</blockquote></p><p> The clampdown has fueled intense speculation over the status of Ma, who co-founded both Ant and Alibaba. The e-commerce giant has also faced increased government scrutiny in recent months, becoming the target of an antitrust investigation in December.</p><p><blockquote>此次打压引发了人们对马云地位的强烈猜测，马云是蚂蚁金服和阿里巴巴-SW的联合创始人。近几个月来，这家电子商务巨头还面临着越来越多的政府审查，并在12月成为反垄断调查的目标。</blockquote></p><p> Ma’s appearance in a live-streamed video conference in January -- after several months out of public view -- has helped quell talk of worst-case scenarios for his business empire. Still, plenty of uncertainty remains: even after Wednesday’s gain, Alibaba’s Hong Kong shares are trading about 15% below their record high in October.</p><p><blockquote>马云在离开公众视野几个月后，一月份出现在一次视频直播会议上，这有助于平息有关他的商业帝国最坏情况的讨论。尽管如此，仍存在大量不确定性：即使在周三上涨之后，阿里巴巴-SW港股的交易价格仍比10月份的历史高点低约15%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/ant-reaches-agreement-china-regulators-083830972.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9a353fd7027b404fd0462b771be77661","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/ant-reaches-agreement-china-regulators-083830972.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108570747","content_text":"(Bloomberg) -- Ant Group Co. and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company, making it subject to capital requirements similar to those for banks.\nThe plan calls for putting all of Ant’s businesses into the holding company, including its technology offerings in areas like blockchain and food delivery, people familiar with the matter said. One of Ant’s early proposals to regulators had envisioned putting only financial operations into the new structure.\nAn official announcement on the overhaul could come before the start of China’s Lunar New Year holiday next week, the people said, asking not to be identified discussing private information. Alibaba Group Holding Ltd., which owns about a third of Ant, erased losses in Hong Kong trading on Wednesday after Bloomberg reported the agreement. The stock closed with a 0.4% gain.\nAnt’s restructuring plan marks the first big step in what’s expected to be a lengthy overhaul process, as regulators draw up detailed capital requirements and other guidelines for companies that span multiple financial business lines.\nChina only introduced its framework for financial holding companies in September and many of the specifics are still being ironed out. While the rules will eventually provide more regulatory clarity for Ant, they’ll almost certainly force the company to slow the torrid pace of expansion that has made it China’s dominant fintech player and one of the world’s most valuable startups.\nAnt is still exploring possibilities to revive its initial public offering, which was abruptly halted by regulators in November, one person familiar with the matter said. But given the financial holding company framework is so new, it’s unclear how long it might take for authorities to sign off a listing.\nAnt declined to comment. The People’s Bank of China, which oversees financial holding companies, didn’t immediately respond to a faxed request for comment.\nAnt’s restructuring is part of a broader government campaign to increase supervision of the financial and technology sectors. Regulators have in recent months targeted everything from health-care crowdfunding to consumer lending. In January, they proposed measures to curb market concentration in online payments, where Ant and Tencent Holdings Ltd. are the biggest players.\nThe clampdown has fueled intense speculation over the status of Ma, who co-founded both Ant and Alibaba. The e-commerce giant has also faced increased government scrutiny in recent months, becoming the target of an antitrust investigation in December.\nMa’s appearance in a live-streamed video conference in January -- after several months out of public view -- has helped quell talk of worst-case scenarios for his business empire. Still, plenty of uncertainty remains: even after Wednesday’s gain, Alibaba’s Hong Kong shares are trading about 15% below their record high in October.","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1034,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":380469790,"gmtCreate":1612575139110,"gmtModify":1703763766885,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"At least they trying","listText":"At least they trying","text":"At least they trying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/380469790","repostId":"1142907763","repostType":4,"repost":{"id":"1142907763","kind":"news","pubTimestamp":1612514969,"share":"https://www.laohu8.com/m/news/1142907763?lang=zh_CN&edition=full","pubTime":"2021-02-05 16:49","market":"us","language":"en","title":"Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142907763","media":"globenewswire","summary":"Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stak","content":"<p><i>Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations</i></p><p><blockquote><i>开曼法院与美国破产法院之间的协调，以保护利益相关者的利益并促进瑞幸咖啡重组其财务义务</i></blockquote></p><p> <i>All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected</i></p><p><blockquote><i>公司所有门店保持营业并为中国客户提供服务；预计不会对日常运营产生重大影响</i></blockquote></p><p> <i>Company Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees</i></p><p><blockquote><i>公司在日常业务过程中继续履行贸易义务，包括向供应商、销售商和员工付款</i></blockquote></p><p> BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez &amp; Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez &amp; Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.</p><p><blockquote>北京，2021年2月5日(环球通讯社)--瑞星咖啡股份有限公司（“公司”）（场外交易代码：LKNCY）的联合临时清算人（“JPLs”）、Alvarez&amp;Marsal Cayman Islands Limited的Alexander Lawson和Alvarez&amp;Marsal Asia Limited的Wing Sze Tiffany Wong今天根据美国法典第11篇第15章向美国纽约南区破产法院（“美国破产法院”）提交了一份经过验证的请愿书（“第15章请愿书”）。第15章呈请寻求（其中包括）美国承认本公司在开曼群岛大法院（“开曼法院”）金融服务部2020年第157号案件（ASCJ）（“开曼程序”）1待决的临时清算及相关救济。</blockquote></p><p> The Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.</p><p><blockquote>为了所有利益相关者的利益，公司正在与其利益相关者就公司财务义务的重组进行谈判，以加强公司的资产负债表，并使其能够作为持续经营企业摆脱开曼诉讼。第15章申请中寻求的救济是公司重组的重要组成部分。这项救济将通过允许开曼法院和美国破产法院之间的协调来促进公司资产的集中管理，以保护利益相关者的利益，同时促进公司的重组。</blockquote></p><p> All Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.</p><p><blockquote>公司的所有商店仍然营业，为中国的客户提供高质量、实惠和便利的产品。根据美国破产法第15章提交请愿书预计不会对公司的日常运营产生重大影响。公司在日常业务过程中继续履行其贸易义务，包括向供应商、销售商和员工付款。</blockquote></p><p> ______</p><p><blockquote>______</blockquote></p><p> 1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.</p><p><blockquote>1本公司早前披露开曼诉讼于2020年7月15日展开。</blockquote></p><p> <b>Safe Harbor Statement</b></p><p><blockquote><b>安全港声明</b></blockquote></p><p></p><p> This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p><p><blockquote>本公告包含经修订的1934年证券交易法第21E节含义内的前瞻性陈述。这些前瞻性陈述是根据1995年美国私人证券诉讼改革法案的“安全港”条款做出的。这些陈述可以通过术语来识别，例如“将”、“期望”、“预期”、“未来”、“打算”、“计划”、“相信”、“估计”、“潜力”、“继续”、“正在进行”、“目标”、“指导”和类似的陈述。公司还可能在向美国证券交易委员会（“SEC”）提交的定期报告、向股东提交的年度报告、新闻稿和其他书面材料以及口头声明中做出书面或口头前瞻性陈述。其管理人员、董事或员工向第三方（包括联合临时清算人）。任何非历史事实的陈述，包括有关公司信念和期望的陈述，都是前瞻性陈述。前瞻性陈述涉及固有的风险和不确定性。许多因素可能导致实际结果与任何前瞻性陈述中包含的结果存在重大差异，包括但不限于以下内容：与公司相关的现有或未来法律和政府诉讼、调查的费用、时间和结果；公司财务义务正在进行的重组的结果和影响；公司的增长战略；其未来业务发展、经营业绩及财务状况；公司之前发布的某些财务业绩中识别的非依赖以及由此导致的重述的影响；公司财务报表审计的完成时间或结果；内部控制的有效性；其留住和吸引客户的能力；其维持及提升其品牌知名度及声誉的能力；其维持和改进质量控制政策和措施的能力；其与供应商和业务合作伙伴建立和维护关系的能力；中国咖啡行业或中国食品及饮料行业的趋势及竞争；其收入和某些成本或费用项目的变化；中国咖啡行业或中国食品及饮料行业整体的预期增长；与本公司所处行业有关的中国政府政策及法规；新冠肺炎的潜在影响以及全球和中国的总体经济和商业状况以及与上述任何内容相关或相关的假设。有关这些和其他风险、不确定性或因素的更多信息包含在公司向SEC提交的文件中。本新闻稿和附件中提供的所有信息均截至本新闻稿发布之日，公司不承担更新任何前瞻性声明的义务，除非适用法律要求。</blockquote></p><p> <b>About Luckin Coffee Inc.</b></p><p><blockquote><b>关于瑞星咖啡公司。</b></blockquote></p><p> Luckin Coffee Inc.&nbsp;(OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in&nbsp;China. </p><p><blockquote>瑞星咖啡公司（场外交易代码：LKNCY）开创了一个技术驱动的零售网络，为顾客提供高品质、高性价比和高便利性的咖啡和其他产品。在大数据分析、人工智能和专有技术的支持下，该公司追求成为每个人日常生活一部分的使命，从咖啡开始。该公司成立于2017年，总部位于中国。</blockquote></p><p></p>","source":"lsy1573717531661","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>Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLuckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">globenewswire</strong><span class=\"h-time small\">2021-02-05 16:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations</i></p><p><blockquote><i>开曼法院与美国破产法院之间的协调，以保护利益相关者的利益并促进瑞幸咖啡重组其财务义务</i></blockquote></p><p> <i>All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected</i></p><p><blockquote><i>公司所有门店保持营业并为中国客户提供服务；预计不会对日常运营产生重大影响</i></blockquote></p><p> <i>Company Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees</i></p><p><blockquote><i>公司在日常业务过程中继续履行贸易义务，包括向供应商、销售商和员工付款</i></blockquote></p><p> BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez &amp; Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez &amp; Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.</p><p><blockquote>北京，2021年2月5日(环球通讯社)--瑞星咖啡股份有限公司（“公司”）（场外交易代码：LKNCY）的联合临时清算人（“JPLs”）、Alvarez&amp;Marsal Cayman Islands Limited的Alexander Lawson和Alvarez&amp;Marsal Asia Limited的Wing Sze Tiffany Wong今天根据美国法典第11篇第15章向美国纽约南区破产法院（“美国破产法院”）提交了一份经过验证的请愿书（“第15章请愿书”）。第15章呈请寻求（其中包括）美国承认本公司在开曼群岛大法院（“开曼法院”）金融服务部2020年第157号案件（ASCJ）（“开曼程序”）1待决的临时清算及相关救济。</blockquote></p><p> The Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.</p><p><blockquote>为了所有利益相关者的利益，公司正在与其利益相关者就公司财务义务的重组进行谈判，以加强公司的资产负债表，并使其能够作为持续经营企业摆脱开曼诉讼。第15章申请中寻求的救济是公司重组的重要组成部分。这项救济将通过允许开曼法院和美国破产法院之间的协调来促进公司资产的集中管理，以保护利益相关者的利益，同时促进公司的重组。</blockquote></p><p> All Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.</p><p><blockquote>公司的所有商店仍然营业，为中国的客户提供高质量、实惠和便利的产品。根据美国破产法第15章提交请愿书预计不会对公司的日常运营产生重大影响。公司在日常业务过程中继续履行其贸易义务，包括向供应商、销售商和员工付款。</blockquote></p><p> ______</p><p><blockquote>______</blockquote></p><p> 1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.</p><p><blockquote>1本公司早前披露开曼诉讼于2020年7月15日展开。</blockquote></p><p> <b>Safe Harbor Statement</b></p><p><blockquote><b>安全港声明</b></blockquote></p><p></p><p> This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p><p><blockquote>本公告包含经修订的1934年证券交易法第21E节含义内的前瞻性陈述。这些前瞻性陈述是根据1995年美国私人证券诉讼改革法案的“安全港”条款做出的。这些陈述可以通过术语来识别，例如“将”、“期望”、“预期”、“未来”、“打算”、“计划”、“相信”、“估计”、“潜力”、“继续”、“正在进行”、“目标”、“指导”和类似的陈述。公司还可能在向美国证券交易委员会（“SEC”）提交的定期报告、向股东提交的年度报告、新闻稿和其他书面材料以及口头声明中做出书面或口头前瞻性陈述。其管理人员、董事或员工向第三方（包括联合临时清算人）。任何非历史事实的陈述，包括有关公司信念和期望的陈述，都是前瞻性陈述。前瞻性陈述涉及固有的风险和不确定性。许多因素可能导致实际结果与任何前瞻性陈述中包含的结果存在重大差异，包括但不限于以下内容：与公司相关的现有或未来法律和政府诉讼、调查的费用、时间和结果；公司财务义务正在进行的重组的结果和影响；公司的增长战略；其未来业务发展、经营业绩及财务状况；公司之前发布的某些财务业绩中识别的非依赖以及由此导致的重述的影响；公司财务报表审计的完成时间或结果；内部控制的有效性；其留住和吸引客户的能力；其维持及提升其品牌知名度及声誉的能力；其维持和改进质量控制政策和措施的能力；其与供应商和业务合作伙伴建立和维护关系的能力；中国咖啡行业或中国食品及饮料行业的趋势及竞争；其收入和某些成本或费用项目的变化；中国咖啡行业或中国食品及饮料行业整体的预期增长；与本公司所处行业有关的中国政府政策及法规；新冠肺炎的潜在影响以及全球和中国的总体经济和商业状况以及与上述任何内容相关或相关的假设。有关这些和其他风险、不确定性或因素的更多信息包含在公司向SEC提交的文件中。本新闻稿和附件中提供的所有信息均截至本新闻稿发布之日，公司不承担更新任何前瞻性声明的义务，除非适用法律要求。</blockquote></p><p> <b>About Luckin Coffee Inc.</b></p><p><blockquote><b>关于瑞星咖啡公司。</b></blockquote></p><p> Luckin Coffee Inc.&nbsp;(OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in&nbsp;China. </p><p><blockquote>瑞星咖啡公司（场外交易代码：LKNCY）开创了一个技术驱动的零售网络，为顾客提供高品质、高性价比和高便利性的咖啡和其他产品。在大数据分析、人工智能和专有技术的支持下，该公司追求成为每个人日常生活一部分的使命，从咖啡开始。该公司成立于2017年，总部位于中国。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"http://www.globenewswire.com/news-release/2021/02/05/2170477/0/en/Luckin-Coffee-s-Restructuring-Efforts-Move-Forward-with-Commencement-of-its-Chapter-15-Case-in-the-United-States.html\">globenewswire</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3d12f820102df1859c1d25e4011ee104","relate_stocks":{"LKNCY":"瑞幸咖啡"},"source_url":"http://www.globenewswire.com/news-release/2021/02/05/2170477/0/en/Luckin-Coffee-s-Restructuring-Efforts-Move-Forward-with-Commencement-of-its-Chapter-15-Case-in-the-United-States.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142907763","content_text":"Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations\nAll Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected\nCompany Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees\nBEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez & Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.\nThe Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.\nAll Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.\n______\n1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.\nSafe Harbor Statement\nThis announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.\nAbout Luckin Coffee Inc.\nLuckin Coffee Inc. (OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in China.","news_type":1,"symbols_score_info":{"LKNCY":0.9,"LK":0.9}},"isVote":1,"tweetType":1,"viewCount":1686,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324663455,"gmtCreate":1615989984077,"gmtModify":1703496043940,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Power I like him!","listText":"Power I like him!","text":"Power I like him!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/324663455","repostId":"1179894269","repostType":4,"isVote":1,"tweetType":1,"viewCount":2025,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366634781,"gmtCreate":1614472041843,"gmtModify":1703477652935,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Buy more","listText":"Buy more","text":"Buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366634781","repostId":"1134884062","repostType":4,"isVote":1,"tweetType":1,"viewCount":1319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366836784,"gmtCreate":1614429852748,"gmtModify":1703477512999,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Sell at news!","listText":"Sell at news!","text":"Sell at news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366836784","repostId":"1150278371","repostType":4,"repost":{"id":"1150278371","kind":"news","pubTimestamp":1614332308,"share":"https://www.laohu8.com/m/news/1150278371?lang=zh_CN&edition=full","pubTime":"2021-02-26 17:38","market":"us","language":"en","title":"Why NVIDIA Shares Stumbled, After an Impressive Earnings Report<blockquote>为什么英伟达股价在令人印象深刻的收益报告后下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150278371","media":"Motley Fool","summary":"The soaring stock was arguably due for a correction, and some investors worry that the end of this c","content":"<p>The soaring stock was arguably due for a correction, and some investors worry that the end of this cryptocurrency boom could hurt NVIDIA's business.</p><p><blockquote>飙升的股票可以说是该回调了，一些投资者担心加密货币热潮的结束可能会损害英伟达的业务。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Semiconductor developer&nbsp;<b>NVIDIA</b>&nbsp;(NASDAQ:NVDA)&nbsp;posted strong fourth-quarter results last night with a side of optimistic guidance for the next reporting period. The stock fell as much as 8.2% on Thursday anyhow, because sometimes even an analyst-stumping report isn't quite enough to support a&nbsp;skyrocketing stock&nbsp;like NVIDIA's.</p><p><blockquote>半导体开发商<b>英伟达</b>（纳斯达克：NVDA）昨晚公布了强劲的第四季度业绩，并对下一个报告期提供了乐观的指引。无论如何，该股周四下跌了8.2%，因为有时即使是一份难倒分析师的报告也不足以支撑像英伟达这样飙升的股票。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>In the fourth quarter of 2020, NVIDIA's top-line revenue rose 62% year over year to $5 billion. Adjusted earnings climbed 64% higher, landing at $3.10 per diluted share. Your average analyst would have settled for earnings near $2.81 per share on sales in the neighborhood of $4.82 billion. The stellar results were driven by high demand for NVIDIA's data center processors and gaming products.</p><p><blockquote>2020年第四季度，英伟达的营收同比增长62%，达到50亿美元。调整后收益攀升64%，达到稀释后每股3.10美元。普通分析师会满足于每股收益接近2.81美元，销售额约为48.2亿美元。出色的业绩是由对英伟达数据中心处理器和游戏产品的高需求推动的。</blockquote></p><p>Heading into the report, NVIDIA's shares had gained 112% in 52 weeks. The stock traded at a nosebleed-inducing 95 times trailing earnings and 86 times&nbsp;free cash flow, setting the stage for a significant price cut despite a strong earnings report. Today, you can pick up NVIDIA's shares for the somewhat less exorbitant valuation ratios of 93 times adjusted earnings or 71 times free cash flow.</p><p><blockquote>报告发布前，英伟达股价在52周内上涨了112%。该股的市盈率为95倍，自由现金流为86倍，令人流鼻血，尽管盈利报告强劲，但仍为大幅降价奠定了基础。如今，您可以以调整后市盈率93倍或自由现金流71倍的估值比率购买NVIDIA股票。</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>Some investors also worry about artificial growth stemming from rising cryptocurrency prices. Specifically, NVIDIA's graphics processors are very efficient at mining&nbsp;<b>Ethereum</b>(CRYPTO:ETH)&nbsp;tokens and the smart-contract cryptocurrency has seen prices skyrocket 568% over the last year. If Ethereum miners are buying tons of NVIDIA's graphics cards, that leaves fewer units on store shelves for actual gamers. All of this is happening during a marketwide&nbsp;shortage of semiconductor manufacturing capacity, limiting the processor supplies even further. All of this sounds like good news for NVIDIA, but the idea is that it also exposes the company to significant market risks if Ethereum prices crash again, killing the demand for token-mining hardware.</p><p><blockquote>一些投资者还担心加密货币价格上涨带来的人为增长。具体来说，英伟达的图形处理器在挖掘方面非常高效<b>以太币</b>（CRYPTO：ETH）代币和智能合约加密货币的价格在去年飙升了568%。如果以太币矿工购买大量英伟达显卡，那么商店货架上留给真正游戏玩家的显卡就会减少。所有这一切都是在市场范围内半导体制造能力短缺的情况下发生的，进一步限制了处理器供应。所有这些对英伟达来说听起来都是好消息，但其想法是，如果以太币价格再次暴跌，该公司也将面临巨大的市场风险，从而扼杀对代币挖矿硬件的需求。</blockquote></p><p>NVIDIA's management has acknowledged this concern and&nbsp;taken steps to limit the Ethereum-mining appeal of its gaming hardware. Furthermore, CEO Jensen Huang argues that the cryptocurrency mining market is a fairly small part of his company's end-user market. Hyper-specialized application-specific integrated circuits (ASICs) play a much larger role in the crypto-mining sector.</p><p><blockquote>英伟达管理层已经承认了这一担忧，并采取措施限制其游戏硬件的以太币挖掘吸引力。此外，首席执行官黄仁勋认为，加密货币挖矿市场在其公司的最终用户市场中只占相当小的一部分。超专业化专用集成电路（ASIC）在密码挖掘领域发挥着更大的作用。</blockquote></p><p>\"I think that this is going to be a part of our business. It won't grow extremely large no matter what happens and the reason for that is because when it starts to grow large, more ASICs come to the market, which kinds of mutes it,\" Huang said on the fourth-quarter earnings call. \"When the market becomes smaller, it's harder for ASICs to sustain the R&amp;D and so the spot miners, industrial miners come back and then we'll create [cryptocurrency mining processors]. And so we expect it to be a small part of our business as we go forward. \"</p><p><blockquote>“我认为这将成为我们业务的一部分。无论发生什么，它都不会变得非常大，原因是当它开始变大时，更多的ASIC进入市场，这使得它静音，”黄在第四季度财报看涨期权上说道。“当市场变小时，ASIC就更难维持研发，因此现货矿商、工业矿商会回来，然后我们将创建[加密货币挖矿处理器]。因此，我们预计它将成为我们业务的一小部分随着我们的前进。”</blockquote></p><p>The company can't track how people end up using the chips it sells, but Huang estimates that roughly $200 million of this quarter's gaming product sales came from mining enthusiasts. That's just 8% of a $2.5 billion top-line haul.</p><p><blockquote>该公司无法追踪人们最终如何使用其销售的芯片，但Huang估计本季度游戏产品销售额中约有2亿美元来自挖矿爱好者。这仅占25亿美元营收的8%。</blockquote></p><p>All of this is to say that NVIDIA's post-earnings correction may have been amplified by the Ethereum mining risk, and that particular threat doesn't look all that menacing. Therefore, you could make a case that NVIDIA's shares are selling at a discount today -- despite the sky-high valuation ratios.</p><p><blockquote>所有这些都表明，英伟达的财报后调整可能被以太币挖矿风险放大了，而这种特殊威胁看起来并没有那么具有威胁性。因此，你可以证明英伟达的股票今天正在以折扣价出售——尽管估值比率极高。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why NVIDIA Shares Stumbled, After an Impressive Earnings Report<blockquote>为什么英伟达股价在令人印象深刻的收益报告后下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy NVIDIA Shares Stumbled, After an Impressive Earnings Report<blockquote>为什么英伟达股价在令人印象深刻的收益报告后下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-02-26 17:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The soaring stock was arguably due for a correction, and some investors worry that the end of this cryptocurrency boom could hurt NVIDIA's business.</p><p><blockquote>飙升的股票可以说是该回调了，一些投资者担心加密货币热潮的结束可能会损害英伟达的业务。</blockquote></p><p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Semiconductor developer&nbsp;<b>NVIDIA</b>&nbsp;(NASDAQ:NVDA)&nbsp;posted strong fourth-quarter results last night with a side of optimistic guidance for the next reporting period. The stock fell as much as 8.2% on Thursday anyhow, because sometimes even an analyst-stumping report isn't quite enough to support a&nbsp;skyrocketing stock&nbsp;like NVIDIA's.</p><p><blockquote>半导体开发商<b>英伟达</b>（纳斯达克：NVDA）昨晚公布了强劲的第四季度业绩，并对下一个报告期提供了乐观的指引。无论如何，该股周四下跌了8.2%，因为有时即使是一份难倒分析师的报告也不足以支撑像英伟达这样飙升的股票。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>In the fourth quarter of 2020, NVIDIA's top-line revenue rose 62% year over year to $5 billion. Adjusted earnings climbed 64% higher, landing at $3.10 per diluted share. Your average analyst would have settled for earnings near $2.81 per share on sales in the neighborhood of $4.82 billion. The stellar results were driven by high demand for NVIDIA's data center processors and gaming products.</p><p><blockquote>2020年第四季度，英伟达的营收同比增长62%，达到50亿美元。调整后收益攀升64%，达到稀释后每股3.10美元。普通分析师会满足于每股收益接近2.81美元，销售额约为48.2亿美元。出色的业绩是由对英伟达数据中心处理器和游戏产品的高需求推动的。</blockquote></p><p>Heading into the report, NVIDIA's shares had gained 112% in 52 weeks. The stock traded at a nosebleed-inducing 95 times trailing earnings and 86 times&nbsp;free cash flow, setting the stage for a significant price cut despite a strong earnings report. Today, you can pick up NVIDIA's shares for the somewhat less exorbitant valuation ratios of 93 times adjusted earnings or 71 times free cash flow.</p><p><blockquote>报告发布前，英伟达股价在52周内上涨了112%。该股的市盈率为95倍，自由现金流为86倍，令人流鼻血，尽管盈利报告强劲，但仍为大幅降价奠定了基础。如今，您可以以调整后市盈率93倍或自由现金流71倍的估值比率购买NVIDIA股票。</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>Some investors also worry about artificial growth stemming from rising cryptocurrency prices. Specifically, NVIDIA's graphics processors are very efficient at mining&nbsp;<b>Ethereum</b>(CRYPTO:ETH)&nbsp;tokens and the smart-contract cryptocurrency has seen prices skyrocket 568% over the last year. If Ethereum miners are buying tons of NVIDIA's graphics cards, that leaves fewer units on store shelves for actual gamers. All of this is happening during a marketwide&nbsp;shortage of semiconductor manufacturing capacity, limiting the processor supplies even further. All of this sounds like good news for NVIDIA, but the idea is that it also exposes the company to significant market risks if Ethereum prices crash again, killing the demand for token-mining hardware.</p><p><blockquote>一些投资者还担心加密货币价格上涨带来的人为增长。具体来说，英伟达的图形处理器在挖掘方面非常高效<b>以太币</b>（CRYPTO：ETH）代币和智能合约加密货币的价格在去年飙升了568%。如果以太币矿工购买大量英伟达显卡，那么商店货架上留给真正游戏玩家的显卡就会减少。所有这一切都是在市场范围内半导体制造能力短缺的情况下发生的，进一步限制了处理器供应。所有这些对英伟达来说听起来都是好消息，但其想法是，如果以太币价格再次暴跌，该公司也将面临巨大的市场风险，从而扼杀对代币挖矿硬件的需求。</blockquote></p><p>NVIDIA's management has acknowledged this concern and&nbsp;taken steps to limit the Ethereum-mining appeal of its gaming hardware. Furthermore, CEO Jensen Huang argues that the cryptocurrency mining market is a fairly small part of his company's end-user market. Hyper-specialized application-specific integrated circuits (ASICs) play a much larger role in the crypto-mining sector.</p><p><blockquote>英伟达管理层已经承认了这一担忧，并采取措施限制其游戏硬件的以太币挖掘吸引力。此外，首席执行官黄仁勋认为，加密货币挖矿市场在其公司的最终用户市场中只占相当小的一部分。超专业化专用集成电路（ASIC）在密码挖掘领域发挥着更大的作用。</blockquote></p><p>\"I think that this is going to be a part of our business. It won't grow extremely large no matter what happens and the reason for that is because when it starts to grow large, more ASICs come to the market, which kinds of mutes it,\" Huang said on the fourth-quarter earnings call. \"When the market becomes smaller, it's harder for ASICs to sustain the R&amp;D and so the spot miners, industrial miners come back and then we'll create [cryptocurrency mining processors]. And so we expect it to be a small part of our business as we go forward. \"</p><p><blockquote>“我认为这将成为我们业务的一部分。无论发生什么，它都不会变得非常大，原因是当它开始变大时，更多的ASIC进入市场，这使得它静音，”黄在第四季度财报看涨期权上说道。“当市场变小时，ASIC就更难维持研发，因此现货矿商、工业矿商会回来，然后我们将创建[加密货币挖矿处理器]。因此，我们预计它将成为我们业务的一小部分随着我们的前进。”</blockquote></p><p>The company can't track how people end up using the chips it sells, but Huang estimates that roughly $200 million of this quarter's gaming product sales came from mining enthusiasts. That's just 8% of a $2.5 billion top-line haul.</p><p><blockquote>该公司无法追踪人们最终如何使用其销售的芯片，但Huang估计本季度游戏产品销售额中约有2亿美元来自挖矿爱好者。这仅占25亿美元营收的8%。</blockquote></p><p>All of this is to say that NVIDIA's post-earnings correction may have been amplified by the Ethereum mining risk, and that particular threat doesn't look all that menacing. Therefore, you could make a case that NVIDIA's shares are selling at a discount today -- despite the sky-high valuation ratios.</p><p><blockquote>所有这些都表明，英伟达的财报后调整可能被以太币挖矿风险放大了，而这种特殊威胁看起来并没有那么具有威胁性。因此，你可以证明英伟达的股票今天正在以折扣价出售——尽管估值比率极高。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/02/25/why-nvidia-shares-stumbled-today-after-an-impressi/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/02/25/why-nvidia-shares-stumbled-today-after-an-impressi/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150278371","content_text":"The soaring stock was arguably due for a correction, and some investors worry that the end of this cryptocurrency boom could hurt NVIDIA's business.What happenedSemiconductor developer NVIDIA (NASDAQ:NVDA) posted strong fourth-quarter results last night with a side of optimistic guidance for the next reporting period. The stock fell as much as 8.2% on Thursday anyhow, because sometimes even an analyst-stumping report isn't quite enough to support a skyrocketing stock like NVIDIA's.So whatIn the fourth quarter of 2020, NVIDIA's top-line revenue rose 62% year over year to $5 billion. Adjusted earnings climbed 64% higher, landing at $3.10 per diluted share. Your average analyst would have settled for earnings near $2.81 per share on sales in the neighborhood of $4.82 billion. The stellar results were driven by high demand for NVIDIA's data center processors and gaming products.Heading into the report, NVIDIA's shares had gained 112% in 52 weeks. The stock traded at a nosebleed-inducing 95 times trailing earnings and 86 times free cash flow, setting the stage for a significant price cut despite a strong earnings report. Today, you can pick up NVIDIA's shares for the somewhat less exorbitant valuation ratios of 93 times adjusted earnings or 71 times free cash flow.Now whatSome investors also worry about artificial growth stemming from rising cryptocurrency prices. Specifically, NVIDIA's graphics processors are very efficient at mining Ethereum(CRYPTO:ETH) tokens and the smart-contract cryptocurrency has seen prices skyrocket 568% over the last year. If Ethereum miners are buying tons of NVIDIA's graphics cards, that leaves fewer units on store shelves for actual gamers. All of this is happening during a marketwide shortage of semiconductor manufacturing capacity, limiting the processor supplies even further. All of this sounds like good news for NVIDIA, but the idea is that it also exposes the company to significant market risks if Ethereum prices crash again, killing the demand for token-mining hardware.NVIDIA's management has acknowledged this concern and taken steps to limit the Ethereum-mining appeal of its gaming hardware. Furthermore, CEO Jensen Huang argues that the cryptocurrency mining market is a fairly small part of his company's end-user market. Hyper-specialized application-specific integrated circuits (ASICs) play a much larger role in the crypto-mining sector.\"I think that this is going to be a part of our business. It won't grow extremely large no matter what happens and the reason for that is because when it starts to grow large, more ASICs come to the market, which kinds of mutes it,\" Huang said on the fourth-quarter earnings call. \"When the market becomes smaller, it's harder for ASICs to sustain the R&D and so the spot miners, industrial miners come back and then we'll create [cryptocurrency mining processors]. And so we expect it to be a small part of our business as we go forward. \"The company can't track how people end up using the chips it sells, but Huang estimates that roughly $200 million of this quarter's gaming product sales came from mining enthusiasts. That's just 8% of a $2.5 billion top-line haul.All of this is to say that NVIDIA's post-earnings correction may have been amplified by the Ethereum mining risk, and that particular threat doesn't look all that menacing. Therefore, you could make a case that NVIDIA's shares are selling at a discount today -- despite the sky-high valuation ratios.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":2405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361412650,"gmtCreate":1614254133970,"gmtModify":1634550459014,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361412650","repostId":"1138521814","repostType":4,"isVote":1,"tweetType":1,"viewCount":1553,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389028101,"gmtCreate":1612627845603,"gmtModify":1703764060637,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Another opportunity to buy","listText":"Another opportunity to buy","text":"Another opportunity to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389028101","repostId":"2109723032","repostType":2,"isVote":1,"tweetType":1,"viewCount":2269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323049897,"gmtCreate":1615292904119,"gmtModify":1703486865205,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/323049897","repostId":"1123577039","repostType":4,"repost":{"id":"1123577039","kind":"news","pubTimestamp":1615290997,"share":"https://www.laohu8.com/m/news/1123577039?lang=zh_CN&edition=full","pubTime":"2021-03-09 19:56","market":"us","language":"en","title":"SPAC Pioneers Reap the Rewards After Waiting Nearly 30 Years<blockquote>SPAC先驱等待近30年后收获回报</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123577039","media":"The Wall Street Journal","summary":"Blank-check companies have raised more than $70 billion this year; their co-creator once feared the ","content":"<p>Blank-check companies have raised more than $70 billion this year; their co-creator once feared the SPAC wouldn’t make it</p><p><blockquote>空白支票公司今年已筹集超过700亿美元；他们的联合创始人曾经担心SPAC无法成功</blockquote></p><p> The flashiest trend in finance traces back three decades to a pair of old law-school buddies. Now, they are finally cashing in.</p><p><blockquote>金融界最耀眼的趋势可以追溯到三十年前的一对法学院老朋友。现在，他们终于兑现了。</blockquote></p><p> Investment banker David Nussbaum and lawyer David Miller—known to each other as “Nuss” and “Miller”—invented the special-purpose acquisition company in 1993 to give private firms another way to access everyday investors. SPACs were rarely used and obscure for much of their careers,but are now all the rage—attracting the biggest names in&nbsp;finance,technology&nbsp;and&nbsp;entertainment. Messrs. Nussbaum and Miller have never been busier.</p><p><blockquote>投资银行家大卫·娜斯鲍姆(David Nussbaum)和律师大卫·米勒(David Miller)——彼此称为“Nuss”和“Miller”——于1993年发明了这家特殊目的收购公司，为私营公司提供了另一种接触日常投资者的方式。SPAC在其职业生涯的大部分时间里很少被使用且默默无闻，但现在风靡一时——吸引了金融、科技和娱乐领域的大腕。娜斯鲍姆先生和米勒先生从未如此忙碌过。</blockquote></p><p> “It’s taken me 27 years to become an overnight sensation,” said Mr. Nussbaum, a 66-year-old from Roslyn, N.Y., on Long Island, who co-founded the SPAC-focused investment bank EarlyBirdCapital Inc.</p><p><blockquote>“我花了27年时间才一夜成名，”66岁的努斯鲍姆说，他来自纽约长岛的罗斯林，是专注于SPAC的投资银行EarlyBirdCapital Inc.的联合创始人。</blockquote></p><p> Also called blank-check companies, SPACs are shell firms that list on a stock exchange with the sole purpose of combining with a private company to take it public. They have become a popular way for startups&nbsp;to access individual investors&nbsp;and a cash cow for the&nbsp;wealthy individuals who create them. SPAC founders now include everyone from hedge-fund manager William Ackman to former baseball player Alex Rodriguez.</p><p><blockquote>SPAC也称为空白支票公司，是在证券交易所上市的空壳公司，其唯一目的是与私营公司合并使其上市。它们已经成为初创公司接触个人投资者的一种流行方式，也是创建它们的富人的摇钱树。SPAC的创始人现在包括从对冲基金经理威廉·阿克曼到前棒球运动员A·罗德里格兹的所有人。</blockquote></p><p> SPACs have raised more than $70 billion this year and now account for roughly 70% of all initial public offerings, up from 20% two years ago and a negligible total for much of the past 20 years, according to Dealogic.</p><p><blockquote>根据Dealogic的数据，SPAC今年筹集了超过700亿美元，目前约占所有首次公开募股的70%，高于两年前的20%，在过去20年的大部分时间里，这一数字微不足道。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Pioneers Reap the Rewards After Waiting Nearly 30 Years<blockquote>SPAC先驱等待近30年后收获回报</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Pioneers Reap the Rewards After Waiting Nearly 30 Years<blockquote>SPAC先驱等待近30年后收获回报</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-03-09 19:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Blank-check companies have raised more than $70 billion this year; their co-creator once feared the SPAC wouldn’t make it</p><p><blockquote>空白支票公司今年已筹集超过700亿美元；他们的联合创始人曾经担心SPAC无法成功</blockquote></p><p> The flashiest trend in finance traces back three decades to a pair of old law-school buddies. Now, they are finally cashing in.</p><p><blockquote>金融界最耀眼的趋势可以追溯到三十年前的一对法学院老朋友。现在，他们终于兑现了。</blockquote></p><p> Investment banker David Nussbaum and lawyer David Miller—known to each other as “Nuss” and “Miller”—invented the special-purpose acquisition company in 1993 to give private firms another way to access everyday investors. SPACs were rarely used and obscure for much of their careers,but are now all the rage—attracting the biggest names in&nbsp;finance,technology&nbsp;and&nbsp;entertainment. Messrs. Nussbaum and Miller have never been busier.</p><p><blockquote>投资银行家大卫·娜斯鲍姆(David Nussbaum)和律师大卫·米勒(David Miller)——彼此称为“Nuss”和“Miller”——于1993年发明了这家特殊目的收购公司，为私营公司提供了另一种接触日常投资者的方式。SPAC在其职业生涯的大部分时间里很少被使用且默默无闻，但现在风靡一时——吸引了金融、科技和娱乐领域的大腕。娜斯鲍姆先生和米勒先生从未如此忙碌过。</blockquote></p><p> “It’s taken me 27 years to become an overnight sensation,” said Mr. Nussbaum, a 66-year-old from Roslyn, N.Y., on Long Island, who co-founded the SPAC-focused investment bank EarlyBirdCapital Inc.</p><p><blockquote>“我花了27年时间才一夜成名，”66岁的努斯鲍姆说，他来自纽约长岛的罗斯林，是专注于SPAC的投资银行EarlyBirdCapital Inc.的联合创始人。</blockquote></p><p> Also called blank-check companies, SPACs are shell firms that list on a stock exchange with the sole purpose of combining with a private company to take it public. They have become a popular way for startups&nbsp;to access individual investors&nbsp;and a cash cow for the&nbsp;wealthy individuals who create them. SPAC founders now include everyone from hedge-fund manager William Ackman to former baseball player Alex Rodriguez.</p><p><blockquote>SPAC也称为空白支票公司，是在证券交易所上市的空壳公司，其唯一目的是与私营公司合并使其上市。它们已经成为初创公司接触个人投资者的一种流行方式，也是创建它们的富人的摇钱树。SPAC的创始人现在包括从对冲基金经理威廉·阿克曼到前棒球运动员A·罗德里格兹的所有人。</blockquote></p><p> SPACs have raised more than $70 billion this year and now account for roughly 70% of all initial public offerings, up from 20% two years ago and a negligible total for much of the past 20 years, according to Dealogic.</p><p><blockquote>根据Dealogic的数据，SPAC今年筹集了超过700亿美元，目前约占所有首次公开募股的70%，高于两年前的20%，在过去20年的大部分时间里，这一数字微不足道。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/they-created-the-spac-in-1993-now-theyre-reaping-the-rewards-11615285801?mod=hp_lead_pos4\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/they-created-the-spac-in-1993-now-theyre-reaping-the-rewards-11615285801?mod=hp_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123577039","content_text":"Blank-check companies have raised more than $70 billion this year; their co-creator once feared the SPAC wouldn’t make it\nThe flashiest trend in finance traces back three decades to a pair of old law-school buddies. Now, they are finally cashing in.\nInvestment banker David Nussbaum and lawyer David Miller—known to each other as “Nuss” and “Miller”—invented the special-purpose acquisition company in 1993 to give private firms another way to access everyday investors. SPACs were rarely used and obscure for much of their careers,but are now all the rage—attracting the biggest names in finance,technology and entertainment. Messrs. Nussbaum and Miller have never been busier.\n“It’s taken me 27 years to become an overnight sensation,” said Mr. Nussbaum, a 66-year-old from Roslyn, N.Y., on Long Island, who co-founded the SPAC-focused investment bank EarlyBirdCapital Inc.\nAlso called blank-check companies, SPACs are shell firms that list on a stock exchange with the sole purpose of combining with a private company to take it public. They have become a popular way for startups to access individual investors and a cash cow for the wealthy individuals who create them. SPAC founders now include everyone from hedge-fund manager William Ackman to former baseball player Alex Rodriguez.\nSPACs have raised more than $70 billion this year and now account for roughly 70% of all initial public offerings, up from 20% two years ago and a negligible total for much of the past 20 years, according to Dealogic.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380469110,"gmtCreate":1612575013030,"gmtModify":1703763766018,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Trap","listText":"Trap","text":"Trap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/380469110","repostId":"1132260998","repostType":4,"isVote":1,"tweetType":1,"viewCount":1143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314595360,"gmtCreate":1612361251150,"gmtModify":1703760826465,"author":{"id":"3556860483485259","authorId":"3556860483485259","name":"joellow","avatar":"https://static.tigerbbs.com/eb700eff6f331a8a168faadd71479b83","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556860483485259","idStr":"3556860483485259"},"themes":[],"title":"","htmlText":"Good to hear this","listText":"Good to hear this","text":"Good to hear this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/314595360","repostId":"2108570747","repostType":4,"repost":{"id":"2108570747","kind":"news","pubTimestamp":1612344121,"share":"https://www.laohu8.com/m/news/2108570747?lang=zh_CN&edition=full","pubTime":"2021-02-03 17:22","market":"us","language":"en","title":"Market News: Ants reach overhaul agreement with regulators<blockquote>市场消息：蚂蚁与监管机构达成检修协议</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2108570747","media":"Bloomberg","summary":"(Bloomberg) -- Ant Group Co. and Chinese regulators have agreed on a restructuring plan that will tu","content":"<p>(Bloomberg) -- Ant Group Co. and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company, making it subject to capital requirements similar to those for banks.</p><p><blockquote>（彭博社）——蚂蚁集团公司和中国监管机构已就一项重组计划达成一致，该计划将把马云的金融科技巨头转变为一家金融控股公司，使其受到类似于银行的资本要求的约束。</blockquote></p><p> The plan calls for putting all of Ant’s businesses into the holding company, including its technology offerings in areas like blockchain and food delivery, people familiar with the matter said. One of Ant’s early proposals to regulators had envisioned putting only financial operations into the new structure.</p><p><blockquote>知情人士称，评级计划将蚂蚁金服的所有业务纳入控股公司，包括区块链和食品配送等领域的技术产品。蚂蚁金服向监管机构提出的早期提案之一曾设想仅将金融业务纳入新结构。</blockquote></p><p> An official announcement on the overhaul could come before the start of China’s Lunar New Year holiday next week, the people said, asking not to be identified discussing private information. Alibaba Group Holding Ltd., which owns about a third of Ant, erased losses in Hong Kong trading on Wednesday after Bloomberg reported the agreement. The stock closed with a 0.4% gain.</p><p><blockquote>知情人士称，有关此次改革的官方公告可能会在下周中国农历新年假期开始前发布。因讨论私人信息而要求匿名。在彭博社报道该协议后，拥有蚂蚁金服约三分之一股份的阿里巴巴-SW集团控股有限公司周三在香港交易中抹去了跌幅。该股收盘上涨0.4%。</blockquote></p><p> Ant’s restructuring plan marks the first big step in what’s expected to be a lengthy overhaul process, as regulators draw up detailed capital requirements and other guidelines for companies that span multiple financial business lines.</p><p><blockquote>蚂蚁金服的重组计划标志着预计将是漫长改革过程的第一大步，监管机构为跨越多个金融业务线的公司制定了详细的资本要求和其他指导方针。</blockquote></p><p> China only introduced its framework for financial holding companies in September and many of the specifics are still being ironed out. While the rules will eventually provide more regulatory clarity for Ant, they’ll almost certainly force the company to slow the torrid pace of expansion that has made it China’s dominant fintech player and <a href=\"https://laohu8.com/S/AONE\">one</a> of the world’s most valuable startups.</p><p><blockquote>中国在9月份才推出了金融控股公司框架，许多细节仍在敲定中。虽然这些规则最终将为蚂蚁金服提供更加明确的监管，但几乎肯定会迫使该公司放慢快速的扩张步伐，正是这种扩张使其成为中国占主导地位的金融科技公司<a href=\"https://laohu8.com/S/AONE\">一</a>世界上最有价值的创业公司之一。</blockquote></p><p> Ant is still exploring possibilities to revive its initial public offering, which was abruptly halted by regulators in November, <a href=\"https://laohu8.com/S/AONE.U\">one</a> person familiar with the matter said. But given the financial holding company framework is so new, it’s unclear how long it might take for authorities to sign off a listing.</p><p><blockquote>蚂蚁金服仍在探索恢复首次公开募股的可能性，该IPO于11月被监管机构突然叫停，<a href=\"https://laohu8.com/S/AONE.U\">一</a>知情人士表示。但鉴于金融控股公司框架如此之新，尚不清楚当局需要多长时间才能批准上市。</blockquote></p><p> Ant declined to comment. The People’s Bank of China, which oversees financial holding companies, didn’t immediately respond to a faxed request for comment.</p><p><blockquote>蚂蚁拒绝置评。负责监管金融控股公司的中国人民银行没有立即回应传真的置评请求。</blockquote></p><p> Ant’s restructuring is part of a broader government campaign to increase supervision of the financial and technology sectors. Regulators have in recent months targeted everything from health-care crowdfunding to consumer lending. In January, they proposed measures to curb market concentration in online payments, where Ant and Tencent Holdings Ltd. are the biggest players.</p><p><blockquote>蚂蚁金服的重组是政府加强对金融和科技行业监管的更广泛行动的一部分。近几个月来，监管机构瞄准了从医疗保健众筹到消费贷款的各个领域。一月份，他们提出了遏制在线支付市场集中度的措施，蚂蚁金服和腾讯控股控股有限公司是该领域最大的参与者。</blockquote></p><p> The clampdown has fueled intense speculation over the status of Ma, who co-founded both Ant and Alibaba. The e-commerce giant has also faced increased government scrutiny in recent months, becoming the target of an antitrust investigation in December.</p><p><blockquote>此次打压引发了人们对马云地位的强烈猜测，马云是蚂蚁金服和阿里巴巴-SW的联合创始人。近几个月来，这家电子商务巨头还面临着越来越多的政府审查，并在12月成为反垄断调查的目标。</blockquote></p><p> Ma’s appearance in a live-streamed video conference in January -- after several months out of public view -- has helped quell talk of worst-case scenarios for his business empire. Still, plenty of uncertainty remains: even after Wednesday’s gain, Alibaba’s Hong Kong shares are trading about 15% below their record high in October.</p><p><blockquote>马云在离开公众视野几个月后，一月份出现在一次视频直播会议上，这有助于平息有关他的商业帝国最坏情况的讨论。尽管如此，仍存在大量不确定性：即使在周三上涨之后，阿里巴巴-SW港股的交易价格仍比10月份的历史高点低约15%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market News: Ants reach overhaul agreement with regulators<blockquote>市场消息：蚂蚁与监管机构达成检修协议</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket News: Ants reach overhaul agreement with regulators<blockquote>市场消息：蚂蚁与监管机构达成检修协议</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-02-03 17:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- Ant Group Co. and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company, making it subject to capital requirements similar to those for banks.</p><p><blockquote>（彭博社）——蚂蚁集团公司和中国监管机构已就一项重组计划达成一致，该计划将把马云的金融科技巨头转变为一家金融控股公司，使其受到类似于银行的资本要求的约束。</blockquote></p><p> The plan calls for putting all of Ant’s businesses into the holding company, including its technology offerings in areas like blockchain and food delivery, people familiar with the matter said. One of Ant’s early proposals to regulators had envisioned putting only financial operations into the new structure.</p><p><blockquote>知情人士称，评级计划将蚂蚁金服的所有业务纳入控股公司，包括区块链和食品配送等领域的技术产品。蚂蚁金服向监管机构提出的早期提案之一曾设想仅将金融业务纳入新结构。</blockquote></p><p> An official announcement on the overhaul could come before the start of China’s Lunar New Year holiday next week, the people said, asking not to be identified discussing private information. Alibaba Group Holding Ltd., which owns about a third of Ant, erased losses in Hong Kong trading on Wednesday after Bloomberg reported the agreement. The stock closed with a 0.4% gain.</p><p><blockquote>知情人士称，有关此次改革的官方公告可能会在下周中国农历新年假期开始前发布。因讨论私人信息而要求匿名。在彭博社报道该协议后，拥有蚂蚁金服约三分之一股份的阿里巴巴-SW集团控股有限公司周三在香港交易中抹去了跌幅。该股收盘上涨0.4%。</blockquote></p><p> Ant’s restructuring plan marks the first big step in what’s expected to be a lengthy overhaul process, as regulators draw up detailed capital requirements and other guidelines for companies that span multiple financial business lines.</p><p><blockquote>蚂蚁金服的重组计划标志着预计将是漫长改革过程的第一大步，监管机构为跨越多个金融业务线的公司制定了详细的资本要求和其他指导方针。</blockquote></p><p> China only introduced its framework for financial holding companies in September and many of the specifics are still being ironed out. While the rules will eventually provide more regulatory clarity for Ant, they’ll almost certainly force the company to slow the torrid pace of expansion that has made it China’s dominant fintech player and <a href=\"https://laohu8.com/S/AONE\">one</a> of the world’s most valuable startups.</p><p><blockquote>中国在9月份才推出了金融控股公司框架，许多细节仍在敲定中。虽然这些规则最终将为蚂蚁金服提供更加明确的监管，但几乎肯定会迫使该公司放慢快速的扩张步伐，正是这种扩张使其成为中国占主导地位的金融科技公司<a href=\"https://laohu8.com/S/AONE\">一</a>世界上最有价值的创业公司之一。</blockquote></p><p> Ant is still exploring possibilities to revive its initial public offering, which was abruptly halted by regulators in November, <a href=\"https://laohu8.com/S/AONE.U\">one</a> person familiar with the matter said. But given the financial holding company framework is so new, it’s unclear how long it might take for authorities to sign off a listing.</p><p><blockquote>蚂蚁金服仍在探索恢复首次公开募股的可能性，该IPO于11月被监管机构突然叫停，<a href=\"https://laohu8.com/S/AONE.U\">一</a>知情人士表示。但鉴于金融控股公司框架如此之新，尚不清楚当局需要多长时间才能批准上市。</blockquote></p><p> Ant declined to comment. The People’s Bank of China, which oversees financial holding companies, didn’t immediately respond to a faxed request for comment.</p><p><blockquote>蚂蚁拒绝置评。负责监管金融控股公司的中国人民银行没有立即回应传真的置评请求。</blockquote></p><p> Ant’s restructuring is part of a broader government campaign to increase supervision of the financial and technology sectors. Regulators have in recent months targeted everything from health-care crowdfunding to consumer lending. In January, they proposed measures to curb market concentration in online payments, where Ant and Tencent Holdings Ltd. are the biggest players.</p><p><blockquote>蚂蚁金服的重组是政府加强对金融和科技行业监管的更广泛行动的一部分。近几个月来，监管机构瞄准了从医疗保健众筹到消费贷款的各个领域。一月份，他们提出了遏制在线支付市场集中度的措施，蚂蚁金服和腾讯控股控股有限公司是该领域最大的参与者。</blockquote></p><p> The clampdown has fueled intense speculation over the status of Ma, who co-founded both Ant and Alibaba. The e-commerce giant has also faced increased government scrutiny in recent months, becoming the target of an antitrust investigation in December.</p><p><blockquote>此次打压引发了人们对马云地位的强烈猜测，马云是蚂蚁金服和阿里巴巴-SW的联合创始人。近几个月来，这家电子商务巨头还面临着越来越多的政府审查，并在12月成为反垄断调查的目标。</blockquote></p><p> Ma’s appearance in a live-streamed video conference in January -- after several months out of public view -- has helped quell talk of worst-case scenarios for his business empire. Still, plenty of uncertainty remains: even after Wednesday’s gain, Alibaba’s Hong Kong shares are trading about 15% below their record high in October.</p><p><blockquote>马云在离开公众视野几个月后，一月份出现在一次视频直播会议上，这有助于平息有关他的商业帝国最坏情况的讨论。尽管如此，仍存在大量不确定性：即使在周三上涨之后，阿里巴巴-SW港股的交易价格仍比10月份的历史高点低约15%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/ant-reaches-agreement-china-regulators-083830972.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9a353fd7027b404fd0462b771be77661","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/ant-reaches-agreement-china-regulators-083830972.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108570747","content_text":"(Bloomberg) -- Ant Group Co. and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company, making it subject to capital requirements similar to those for banks.\nThe plan calls for putting all of Ant’s businesses into the holding company, including its technology offerings in areas like blockchain and food delivery, people familiar with the matter said. One of Ant’s early proposals to regulators had envisioned putting only financial operations into the new structure.\nAn official announcement on the overhaul could come before the start of China’s Lunar New Year holiday next week, the people said, asking not to be identified discussing private information. Alibaba Group Holding Ltd., which owns about a third of Ant, erased losses in Hong Kong trading on Wednesday after Bloomberg reported the agreement. The stock closed with a 0.4% gain.\nAnt’s restructuring plan marks the first big step in what’s expected to be a lengthy overhaul process, as regulators draw up detailed capital requirements and other guidelines for companies that span multiple financial business lines.\nChina only introduced its framework for financial holding companies in September and many of the specifics are still being ironed out. While the rules will eventually provide more regulatory clarity for Ant, they’ll almost certainly force the company to slow the torrid pace of expansion that has made it China’s dominant fintech player and one of the world’s most valuable startups.\nAnt is still exploring possibilities to revive its initial public offering, which was abruptly halted by regulators in November, one person familiar with the matter said. But given the financial holding company framework is so new, it’s unclear how long it might take for authorities to sign off a listing.\nAnt declined to comment. The People’s Bank of China, which oversees financial holding companies, didn’t immediately respond to a faxed request for comment.\nAnt’s restructuring is part of a broader government campaign to increase supervision of the financial and technology sectors. Regulators have in recent months targeted everything from health-care crowdfunding to consumer lending. In January, they proposed measures to curb market concentration in online payments, where Ant and Tencent Holdings Ltd. are the biggest players.\nThe clampdown has fueled intense speculation over the status of Ma, who co-founded both Ant and Alibaba. The e-commerce giant has also faced increased government scrutiny in recent months, becoming the target of an antitrust investigation in December.\nMa’s appearance in a live-streamed video conference in January -- after several months out of public view -- has helped quell talk of worst-case scenarios for his business empire. Still, plenty of uncertainty remains: even after Wednesday’s gain, Alibaba’s Hong Kong shares are trading about 15% below their record high in October.","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1034,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}