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Et1502

Et1502

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2021-07-22

Read some bad news about CCIV & Lucid MotorsSPAC Merger. True?

2021-07-29

Is always the same old topics. 🤣🤣🤣

Fed Meeting Will Focus on Tapering Timeline.<blockquote>美联储会议将重点讨论缩减时间表。</blockquote>

2021-07-20

Seemed like no end is closer, as the delta variants spark further globally except China. The West needs to learn alot from the East on Covid-19 management & control. How can US overcome the political divide and ensure all folks (minimum 75%) get vaccinated, instead of Red versus Blue States. This will ultimately ensure market stability.

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2021-08-02

Hopefully will go go go….

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2021-07-31

Will NIO be like TSLA, I think, YES, but, maybe 3 to 5 years’ time

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2021-09-20

Nothing new!!! Investors like us are reading & digesting these news daily. Today up Tomorrow down, etc, etc. There are plenty of good news that will spur the mkt upwards. There are plenty of bad news that will bring down the mkt. Sometimes good news, stock still fall. Sometimes bad news, stock still move upwards. Listen to yourself. Investcautiously with enough cash to cushion the bad days, bad months, etc.. Don’t panic to sell a good stock pick. Follow the Principle of Investment. My 2cents worth of advice.

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2021-07-22

Intel is still a great company….

Intel Reports Earnings Thursday. Here’s What to Expect.<blockquote>英特尔周四公布财报。这是可以期待的。</blockquote>

2021-08-21

Where will the stock be in 3 months time?

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2021-09-10

Good Starts to Get Moving UP UP UP !!!

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2021-07-31

Are these stock poise for taking a break.

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infor","listText":"TFS infor","text":"TFS infor","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605284474","repostId":"1199826178","repostType":4,"isVote":1,"tweetType":1,"viewCount":3120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609838882,"gmtCreate":1638262464174,"gmtModify":1638262464395,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"&nbsp;$TIGR$… great performance &amp; great record-breaking achievements. 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Keep it Up & Going….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609838882","repostId":"1106311782","repostType":4,"repost":{"id":"1106311782","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638259223,"share":"https://www.laohu8.com/m/news/1106311782?lang=zh_CN&edition=full","pubTime":"2021-11-30 16:00","market":"us","language":"en","title":"Tiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106311782","media":"Tiger Newspress","summary":"Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unau","content":"<p>Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.</p><p><blockquote>专注于全球投资者的领先在线经纪公司老虎证券今天公布了截至2021年9月30日的第三季度未经审计的财务业绩。总收入为6080万美元，较2020年第三季度增长59.6%。非公认会计准则净利润为530万美元。</blockquote></p><p> In the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.</p><p><blockquote>本季度，公司国际化战略取得实质性进展。截至三季度末，客户账户增加11.78万户至177万户，是去年同期的近两倍。存款客户增至61.2万户，是去年同期的近3倍。值得注意的是，第三季度超过80%的新融资账户来自海外。该公司今年已收购353,300个资助账户，超过了今年早些时候制定的350,000个新资助账户指导。</blockquote></p><p> Mr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”</p><p><blockquote>老虎证券首席执行官巫天华先生评论说：“我们成为全球领先经纪商的使命的重要一步是我们即将在香港扩张；我们现已获得香港证券及期货事务监察委员会的I类（证券交易）和II类（期货合约交易）牌照。同时，作为首家拥有新交所会员资格的证券交易和结算、证券存管和衍生品交易的在线经纪公司，该公司能够为当地投资者提供更多服务，这进一步加强了我们在新加坡的影响力。展望未来，我们相信，我们对推进经纪技术和提供卓越用户体验的行业领先关注，加上我们对合规性的高度重视，将帮助我们脱颖而出。”</blockquote></p><p> <a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>Press Release</b></a><b></b></p><p><blockquote><a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>新闻稿</b></a><b></b></blockquote></p><p> <b>Exceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared</b></p><p><blockquote><b>超过全年资金账户指引超过70%的客户美国现金股票交易是自我清算的</b></blockquote></p><p> The third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.</p><p><blockquote>第三季度业绩证实了公司国际化战略的成功，全球客户账户达到177万个，存款客户账户数量达到61.2万个。今年前9个月，该公司获得了35.33万个新资金账户，超过了年初制定的年度指导。证券交易总额同比增长47.4%至926亿美元，账户余额总额为206亿美元，同比增长88.3%。公司核心经纪业务实现稳健增长。佣金收入为3350万美元，同比增长72.0%，利息相关收入为2010万美元，同比增长105.1%。</blockquote></p><p> Tiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre &amp; post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.</p><p><blockquote>老虎证券继续扩展其综合金融科技平台上提供的产品和服务。对于期权交易者，该公司的旗舰交易应用Tiger Trade推出了期权纸上交易，以帮助新投资者了解期权。它还增加了备兑看涨期权功能，以降低期权交易者的保证金要求。针对美股投资者，公司推出了盘前盘后走势表、每日空头成交量等新功能，帮助投资者更好地捕捉市场机会。该公司在第三季度总共提供了28份IPO认购，例如理想汽车（HK：2015）和海伦司（HK：9869）。为满足散户认购港股IPO的兴趣，公司新增零保证金融资券、减费券等交易券。与此同时，老虎证券的在线投资者社区老虎社区为初学者增加了更多投资课程，帮助他们识别和分析有前途的全球机会。</blockquote></p><p> The Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger&nbsp;Brokers&nbsp;bolstered its cooperation with&nbsp;top international&nbsp;asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.</p><p><blockquote>随着更多客户使用基金商城和Cash Plus，该公司的财富管理业务在本季度稳步增长。管理资产（AUM）同比增长98.0%，客户数量同比增长153.1%。老虎证券依托全球客户群，加强与国际顶级资产管理公司的合作；基金商城三季度新增40只基金，其中聚焦亚洲的股票型基金尤其受欢迎。为满足客户对全球财富管理日益增长的需求，公司继续为其系统投资计划开发新功能，客户使用该计划每月自动将预定金额投资于他们喜爱的基金。</blockquote></p><p></p><p> As a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.</p><p><blockquote>作为一家以创新为荣的公司，老虎证券继续积极投资于其专有技术的研发。截至第三季度末，超过70%的客户的美国现金股票交易由TradeUP Securities Inc.（前身为Marsco Investment Corporation）清算。凭借其成功创新的坚实记录，该公司获得了《哈佛商业评论》颁发的2021年拉姆·查兰创新和创业实践奖。</blockquote></p><p> <b>Over 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore</b></p><p><blockquote><b>超过80%来自海外的新基金账户在香港和新加坡获得了新的执照和资格</b></blockquote></p><p> Tiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.</p><p><blockquote>老虎证券国际化战略成效显著。第三季度，超过80%的新融资账户来自中国境外。</blockquote></p><p> In Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.</p><p><blockquote>在新加坡，老虎证券推出了新的期货产品，包括欧洲期货交易所的产品。老虎证券目前提供美国、欧洲和亚洲六大交易所的期货，在其平台上可交易的期货数量方面领先行业。7月，它还与Lion Global Investors合作，帮助新加坡首只以中国为重点的派息ETF融资。散户投资者可以通过Tiger Trade认购单位，这降低了新加坡投资者增加中国配置的门槛。</blockquote></p><p> In addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.</p><p><blockquote>此外，该公司在新加坡推出了企业对企业（B2B）企业服务，老虎证券在新加坡为客户提供技术解决方案，包括先进的投资组合和风险管理工具。为进一步推动公司在新加坡的业务和当前的全球战略扩张计划，公司决定在新加坡设立双总部。</blockquote></p><p> In New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.</p><p><blockquote>在新西兰，该公司的增长潜力得到了业界的认可。老虎证券新西兰被APAC商业头条评为2021年新西兰最具影响力的金融科技公司。它还被评为2021年德勤新西兰增长最快的50家公司。</blockquote></p><p> The Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.</p><p><blockquote>公司将继续通过执行其全球扩张战略和扩大其客户群来巩固其作为行业领先在线经纪商的地位。透过收购一间获香港证券及期货事务监察委员会发牌从事第一类（证券交易）及第二类（期货合约交易）受规管活动的本地公司，本公司将可进军香港市场，推动进一步增长。在新加坡，本公司还获得新加坡证券交易有限公司（“SGX-ST”）和新加坡衍生品交易有限公司（“SGX-DT”）的交易会员以及新加坡交易所有限公司（“SGX”）中央存管（私人）有限公司（“CDP”）的结算会员和存管代理。截至目前，本公司在香港特区、新加坡、美国、新西兰和澳大利亚拥有36个类别的46个牌照和资格，为长期增长奠定了坚实的基础。</blockquote></p><p> <b>262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies</b></p><p><blockquote><b>截至第三季度，已有262家ESOP客户数字化ESOP解决方案帮助更多公司</b></blockquote></p><p> Other income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.</p><p><blockquote>其他收入，主要来自投资银行业务和ESOP（员工股票激励计划），第三季度为718万美元。尽管短期市场存在不确定性，该公司仍继续扩大其强大的潜在发行人渠道。</blockquote></p><p> On the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.</p><p><blockquote>在投资银行业务方面，该公司继续发展其核心承销能力以及股票研究产品。凭借对中国市场的详细了解，该公司担任了小鹏汽车（HK：9868）在香港双重主要上市的国际发售承销商，还为其他几家发行人提供了大量认购订单。三季度，公司参与了4宗美国IPO。此外，老虎证券还协助一家发行人在上市后吸引了超过2亿港元（2600万美元）的额外投资。该公司还在本季度发布了涵盖阿里巴巴-SW（纽约证券交易所股票代码：BABA）和百度（纳斯达克股票代码：BIDU）等知名公司的股票研究报告。</blockquote></p><p> The Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.</p><p><blockquote>本季度，公司投行业务正式推出财务顾问服务，与20多家行业新兴公司合作。凭借其强大的市场洞察力和技术实力，老虎证券自然与这些公司的联系更加紧密，可以根据他们的需求提供一套全面的解决方案，同时帮助他们增加国际影响力。</blockquote></p><p></p><p> A growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share &amp; A-share companies as well as the ability to retrace historical data.</p><p><blockquote>越来越多的公司正在使用股权激励来激励员工并提高其长期竞争力。老虎证券凭借其专有的员工持股计划系统，利用数字化来帮助企业客户更好地管理其员工股权计划。第三季度，老虎ESOP通过增加H股和A股公司的股份锁定管理以及历史数据追溯等功能，持续提升客户体验。</blockquote></p><p> Tiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.</p><p><blockquote>老虎员工持股计划继续受到不断增长的客户群的信任；随着公司第三季度新增46家员工持股计划客户，客户总数增至262家。2021年前三季度，员工持股计划新增客户总数同比增长266.7%。员工持股计划的迅速采用证明了该公司有能力满足创新型下一代客户的需求。</blockquote></p><p> In the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.</p><p><blockquote>第三季度，陆金所（NYSE：LU）、五菱汽车（HK：0305）等53家公司在老虎证券在线社区开设了企业账户。该公司还通过直播、数字信息图表和营销活动帮助小米（HK：1810）和Cloopen（NYSE：RAAS）瞄准广泛的投资者，提高客户对其品牌和官方活动的认知度。总的来说，两家公司在Tiger社区的数字活动都获得了超过100万的浏览量。此外，老虎证券还协助联想（HK：0992）和其他24家创新公司举办了在线路演，将他们与近100名机构投资者、600多名分析师和高净值人士联系起来。</blockquote></p><p> In order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&amp;A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.</p><p><blockquote>为进一步提升上市公司与投资者的沟通效率，公司企业账户平台近期推出数字化仪表盘，为企业客户提供包括媒体内容和社区帖子分析在内的一站式服务。同时，公司推出业内首个面向香港和美国上市公司的投资者问答功能，增加了企业与投资者之间的参与度和互动便利性。</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>Tiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</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\">\nTiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-30 16:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.</p><p><blockquote>专注于全球投资者的领先在线经纪公司老虎证券今天公布了截至2021年9月30日的第三季度未经审计的财务业绩。总收入为6080万美元，较2020年第三季度增长59.6%。非公认会计准则净利润为530万美元。</blockquote></p><p> In the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.</p><p><blockquote>本季度，公司国际化战略取得实质性进展。截至三季度末，客户账户增加11.78万户至177万户，是去年同期的近两倍。存款客户增至61.2万户，是去年同期的近3倍。值得注意的是，第三季度超过80%的新融资账户来自海外。该公司今年已收购353,300个资助账户，超过了今年早些时候制定的350,000个新资助账户指导。</blockquote></p><p> Mr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”</p><p><blockquote>老虎证券首席执行官巫天华先生评论说：“我们成为全球领先经纪商的使命的重要一步是我们即将在香港扩张；我们现已获得香港证券及期货事务监察委员会的I类（证券交易）和II类（期货合约交易）牌照。同时，作为首家拥有新交所会员资格的证券交易和结算、证券存管和衍生品交易的在线经纪公司，该公司能够为当地投资者提供更多服务，这进一步加强了我们在新加坡的影响力。展望未来，我们相信，我们对推进经纪技术和提供卓越用户体验的行业领先关注，加上我们对合规性的高度重视，将帮助我们脱颖而出。”</blockquote></p><p> <a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>Press Release</b></a><b></b></p><p><blockquote><a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>新闻稿</b></a><b></b></blockquote></p><p> <b>Exceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared</b></p><p><blockquote><b>超过全年资金账户指引超过70%的客户美国现金股票交易是自我清算的</b></blockquote></p><p> The third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.</p><p><blockquote>第三季度业绩证实了公司国际化战略的成功，全球客户账户达到177万个，存款客户账户数量达到61.2万个。今年前9个月，该公司获得了35.33万个新资金账户，超过了年初制定的年度指导。证券交易总额同比增长47.4%至926亿美元，账户余额总额为206亿美元，同比增长88.3%。公司核心经纪业务实现稳健增长。佣金收入为3350万美元，同比增长72.0%，利息相关收入为2010万美元，同比增长105.1%。</blockquote></p><p> Tiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre &amp; post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.</p><p><blockquote>老虎证券继续扩展其综合金融科技平台上提供的产品和服务。对于期权交易者，该公司的旗舰交易应用Tiger Trade推出了期权纸上交易，以帮助新投资者了解期权。它还增加了备兑看涨期权功能，以降低期权交易者的保证金要求。针对美股投资者，公司推出了盘前盘后走势表、每日空头成交量等新功能，帮助投资者更好地捕捉市场机会。该公司在第三季度总共提供了28份IPO认购，例如理想汽车（HK：2015）和海伦司（HK：9869）。为满足散户认购港股IPO的兴趣，公司新增零保证金融资券、减费券等交易券。与此同时，老虎证券的在线投资者社区老虎社区为初学者增加了更多投资课程，帮助他们识别和分析有前途的全球机会。</blockquote></p><p> The Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger&nbsp;Brokers&nbsp;bolstered its cooperation with&nbsp;top international&nbsp;asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.</p><p><blockquote>随着更多客户使用基金商城和Cash Plus，该公司的财富管理业务在本季度稳步增长。管理资产（AUM）同比增长98.0%，客户数量同比增长153.1%。老虎证券依托全球客户群，加强与国际顶级资产管理公司的合作；基金商城三季度新增40只基金，其中聚焦亚洲的股票型基金尤其受欢迎。为满足客户对全球财富管理日益增长的需求，公司继续为其系统投资计划开发新功能，客户使用该计划每月自动将预定金额投资于他们喜爱的基金。</blockquote></p><p></p><p> As a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.</p><p><blockquote>作为一家以创新为荣的公司，老虎证券继续积极投资于其专有技术的研发。截至第三季度末，超过70%的客户的美国现金股票交易由TradeUP Securities Inc.（前身为Marsco Investment Corporation）清算。凭借其成功创新的坚实记录，该公司获得了《哈佛商业评论》颁发的2021年拉姆·查兰创新和创业实践奖。</blockquote></p><p> <b>Over 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore</b></p><p><blockquote><b>超过80%来自海外的新基金账户在香港和新加坡获得了新的执照和资格</b></blockquote></p><p> Tiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.</p><p><blockquote>老虎证券国际化战略成效显著。第三季度，超过80%的新融资账户来自中国境外。</blockquote></p><p> In Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.</p><p><blockquote>在新加坡，老虎证券推出了新的期货产品，包括欧洲期货交易所的产品。老虎证券目前提供美国、欧洲和亚洲六大交易所的期货，在其平台上可交易的期货数量方面领先行业。7月，它还与Lion Global Investors合作，帮助新加坡首只以中国为重点的派息ETF融资。散户投资者可以通过Tiger Trade认购单位，这降低了新加坡投资者增加中国配置的门槛。</blockquote></p><p> In addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.</p><p><blockquote>此外，该公司在新加坡推出了企业对企业（B2B）企业服务，老虎证券在新加坡为客户提供技术解决方案，包括先进的投资组合和风险管理工具。为进一步推动公司在新加坡的业务和当前的全球战略扩张计划，公司决定在新加坡设立双总部。</blockquote></p><p> In New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.</p><p><blockquote>在新西兰，该公司的增长潜力得到了业界的认可。老虎证券新西兰被APAC商业头条评为2021年新西兰最具影响力的金融科技公司。它还被评为2021年德勤新西兰增长最快的50家公司。</blockquote></p><p> The Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.</p><p><blockquote>公司将继续通过执行其全球扩张战略和扩大其客户群来巩固其作为行业领先在线经纪商的地位。透过收购一间获香港证券及期货事务监察委员会发牌从事第一类（证券交易）及第二类（期货合约交易）受规管活动的本地公司，本公司将可进军香港市场，推动进一步增长。在新加坡，本公司还获得新加坡证券交易有限公司（“SGX-ST”）和新加坡衍生品交易有限公司（“SGX-DT”）的交易会员以及新加坡交易所有限公司（“SGX”）中央存管（私人）有限公司（“CDP”）的结算会员和存管代理。截至目前，本公司在香港特区、新加坡、美国、新西兰和澳大利亚拥有36个类别的46个牌照和资格，为长期增长奠定了坚实的基础。</blockquote></p><p> <b>262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies</b></p><p><blockquote><b>截至第三季度，已有262家ESOP客户数字化ESOP解决方案帮助更多公司</b></blockquote></p><p> Other income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.</p><p><blockquote>其他收入，主要来自投资银行业务和ESOP（员工股票激励计划），第三季度为718万美元。尽管短期市场存在不确定性，该公司仍继续扩大其强大的潜在发行人渠道。</blockquote></p><p> On the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.</p><p><blockquote>在投资银行业务方面，该公司继续发展其核心承销能力以及股票研究产品。凭借对中国市场的详细了解，该公司担任了小鹏汽车（HK：9868）在香港双重主要上市的国际发售承销商，还为其他几家发行人提供了大量认购订单。三季度，公司参与了4宗美国IPO。此外，老虎证券还协助一家发行人在上市后吸引了超过2亿港元（2600万美元）的额外投资。该公司还在本季度发布了涵盖阿里巴巴-SW（纽约证券交易所股票代码：BABA）和百度（纳斯达克股票代码：BIDU）等知名公司的股票研究报告。</blockquote></p><p> The Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.</p><p><blockquote>本季度，公司投行业务正式推出财务顾问服务，与20多家行业新兴公司合作。凭借其强大的市场洞察力和技术实力，老虎证券自然与这些公司的联系更加紧密，可以根据他们的需求提供一套全面的解决方案，同时帮助他们增加国际影响力。</blockquote></p><p></p><p> A growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share &amp; A-share companies as well as the ability to retrace historical data.</p><p><blockquote>越来越多的公司正在使用股权激励来激励员工并提高其长期竞争力。老虎证券凭借其专有的员工持股计划系统，利用数字化来帮助企业客户更好地管理其员工股权计划。第三季度，老虎ESOP通过增加H股和A股公司的股份锁定管理以及历史数据追溯等功能，持续提升客户体验。</blockquote></p><p> Tiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.</p><p><blockquote>老虎员工持股计划继续受到不断增长的客户群的信任；随着公司第三季度新增46家员工持股计划客户，客户总数增至262家。2021年前三季度，员工持股计划新增客户总数同比增长266.7%。员工持股计划的迅速采用证明了该公司有能力满足创新型下一代客户的需求。</blockquote></p><p> In the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.</p><p><blockquote>第三季度，陆金所（NYSE：LU）、五菱汽车（HK：0305）等53家公司在老虎证券在线社区开设了企业账户。该公司还通过直播、数字信息图表和营销活动帮助小米（HK：1810）和Cloopen（NYSE：RAAS）瞄准广泛的投资者，提高客户对其品牌和官方活动的认知度。总的来说，两家公司在Tiger社区的数字活动都获得了超过100万的浏览量。此外，老虎证券还协助联想（HK：0992）和其他24家创新公司举办了在线路演，将他们与近100名机构投资者、600多名分析师和高净值人士联系起来。</blockquote></p><p> In order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&amp;A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.</p><p><blockquote>为进一步提升上市公司与投资者的沟通效率，公司企业账户平台近期推出数字化仪表盘，为企业客户提供包括媒体内容和社区帖子分析在内的一站式服务。同时，公司推出业内首个面向香港和美国上市公司的投资者问答功能，增加了企业与投资者之间的参与度和互动便利性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106311782","content_text":"Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.\nIn the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.\nMr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”\nPress Release\nExceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared\nThe third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.\nTiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre & post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.\nThe Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger Brokers bolstered its cooperation with top international asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.\nAs a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.\nOver 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore\nTiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.\nIn Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.\nIn addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.\nIn New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.\nThe Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.\n262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies\nOther income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.\nOn the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.\nThe Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.\nA growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share & A-share companies as well as the ability to retrace historical data.\nTiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.\nIn the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.\nIn order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":2902,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875076491,"gmtCreate":1637592417634,"gmtModify":1637595667689,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"$TIGR$… Tiger Bro (Brother), you need to show some colour. $6.66 is a bad sign, but we believedin the near future, you will roar loudy wiih might &amp; strength….ARR ARR ARR….Come on,&nbsp;show them your ROAR !!!","listText":"$TIGR$… Tiger Bro (Brother), you need to show some colour. $6.66 is a bad sign, but we believedin the near future, you will roar loudy wiih might &amp; strength….ARR ARR ARR….Come on,&nbsp;show them your ROAR !!!","text":"$TIGR$… Tiger Bro (Brother), you need to show some colour. $6.66 is a bad sign, but we believedin the near future, you will roar loudy wiih might & strength….ARR ARR ARR….Come on, show them your ROAR !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875076491","isVote":1,"tweetType":1,"viewCount":3190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875049202,"gmtCreate":1637591880174,"gmtModify":1637591880382,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Great to have an old-hand to navigate the violatile environment. Good decision by the US President not to rock the equity market. Another 4 years of market growth, hopefully….&nbsp;","listText":"Great to have an old-hand to navigate the violatile environment. Good decision by the US President not to rock the equity market. Another 4 years of market growth, hopefully….&nbsp;","text":"Great to have an old-hand to navigate the violatile environment. Good decision by the US President not to rock the equity market. Another 4 years of market growth, hopefully….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875049202","repostId":"2185874498","repostType":4,"isVote":1,"tweetType":1,"viewCount":2124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871102037,"gmtCreate":1637032492252,"gmtModify":1637032492473,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"$BABA$: Some people asked: Is BABA a good buy now?&nbsp;Every countries have their own Stock Exchange Policy &amp; Regulations. In US, Europe or Asia. These cannot be violated, otherwise the Company can be delisted or penalised heavily. The BABA bad news will soon be erased, once they complied strictly. They (news release)&nbsp;have already been penalised (US$2.8B)&nbsp;&amp; also pledge to contribute to the “Common Wealth” Tax. Sooner or later, these bad situation will be closed.My opinion: BABA is a long term investment.","listText":"$BABA$: Some people asked: Is BABA a good buy now?&nbsp;Every countries have their own Stock Exchange Policy &amp; Regulations. In US, Europe or Asia. These cannot be violated, otherwise the Company can be delisted or penalised heavily. The BABA bad news will soon be erased, once they complied strictly. They (news release)&nbsp;have already been penalised (US$2.8B)&nbsp;&amp; also pledge to contribute to the “Common Wealth” Tax. Sooner or later, these bad situation will be closed.My opinion: BABA is a long term investment.","text":"$BABA$: Some people asked: Is BABA a good buy now? Every countries have their own Stock Exchange Policy & Regulations. In US, Europe or Asia. These cannot be violated, otherwise the Company can be delisted or penalised heavily. The BABA bad news will soon be erased, once they complied strictly. They (news release) have already been penalised (US$2.8B) & also pledge to contribute to the “Common Wealth” Tax. Sooner or later, these bad situation will be closed.My opinion: BABA is a long term investment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871102037","isVote":1,"tweetType":1,"viewCount":3947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847186434,"gmtCreate":1636501509439,"gmtModify":1636508928896,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Ooops… another worry, inflation??. Everytime the3&nbsp;indices move upward,&nbsp;there will be a follow-thru news to bring them down. This is the so-called“Market-Gyration”. But, don’t panic to sell your good stock-picks.","listText":"Ooops… another worry, inflation??. Everytime the3&nbsp;indices move upward,&nbsp;there will be a follow-thru news to bring them down. This is the so-called“Market-Gyration”. But, don’t panic to sell your good stock-picks.","text":"Ooops… another worry, inflation??. Everytime the3 indices move upward, there will be a follow-thru news to bring them down. This is the so-called“Market-Gyration”. But, don’t panic to sell your good stock-picks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847186434","repostId":"1188205095","repostType":4,"isVote":1,"tweetType":1,"viewCount":2479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848182377,"gmtCreate":1635983562742,"gmtModify":1635983563278,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Predicted correctly….","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Predicted correctly….","text":"$Alibaba(BABA)$Predicted correctly….","images":[{"img":"https://static.tigerbbs.com/f81ed37e106fab7d5899c3c743afef04","width":"1242","height":"2208"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848182377","isVote":1,"tweetType":1,"viewCount":2735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":857546630,"gmtCreate":1635552127198,"gmtModify":1635552127403,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Am I right to say, SGX/CDP (Singapore)&nbsp;&amp; HKE (Hong Kong) &amp; SEC (USA) will NOT allowed TIGR (UP Fintech) or any other online brokers to conduct online brokering, if it is an illegal entity?&nbsp;The market values in these 3 Regions are huge as well.&nbsp;Whoever the online brokers, need to strictly follow each country trading regulations &amp; be compliance with their laws.&nbsp;Right or Wrong, pls comment.","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Am I right to say, SGX/CDP (Singapore)&nbsp;&amp; HKE (Hong Kong) &amp; SEC (USA) will NOT allowed TIGR (UP Fintech) or any other online brokers to conduct online brokering, if it is an illegal entity?&nbsp;The market values in these 3 Regions are huge as well.&nbsp;Whoever the online brokers, need to strictly follow each country trading regulations &amp; be compliance with their laws.&nbsp;Right or Wrong, pls comment.","text":"$Tiger Brokers(TIGR)$Am I right to say, SGX/CDP (Singapore) & HKE (Hong Kong) & SEC (USA) will NOT allowed TIGR (UP Fintech) or any other online brokers to conduct online brokering, if it is an illegal entity? The market values in these 3 Regions are huge as well. Whoever the online brokers, need to strictly follow each country trading regulations & be compliance with their laws. Right or Wrong, pls comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/857546630","isVote":1,"tweetType":1,"viewCount":5344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852270282,"gmtCreate":1635287932027,"gmtModify":1635287932598,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"WoW, Fanststic Financial Results","listText":"WoW, Fanststic Financial Results","text":"WoW, Fanststic Financial Results","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852270282","repostId":"2178076404","repostType":2,"repost":{"id":"2178076404","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1635278543,"share":"https://www.laohu8.com/m/news/2178076404?lang=zh_CN&edition=full","pubTime":"2021-10-27 04:02","market":"hk","language":"en","title":"Microsoft Q1 Adj. EPS $2.27 Beats $2.07 Estimate, Sales $45.30B Beat $43.97B Estimate<blockquote>微软第一季度调整后EPS$2.27超出预期$2.07，销售额$45.30 B超出预期$43.97 B</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2178076404","media":"Benzinga","summary":"-Reuters","content":"<p><html><body>-Reuters</p><p><blockquote><html><body>——路透社</body></html></blockquote></p><p></body></html></p><p><blockquote></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>Microsoft Q1 Adj. EPS $2.27 Beats $2.07 Estimate, Sales $45.30B Beat $43.97B Estimate<blockquote>微软第一季度调整后EPS$2.27超出预期$2.07，销售额$45.30 B超出预期$43.97 B</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\">\nMicrosoft Q1 Adj. EPS $2.27 Beats $2.07 Estimate, Sales $45.30B Beat $43.97B Estimate<blockquote>微软第一季度调整后EPS$2.27超出预期$2.07，销售额$45.30 B超出预期$43.97 B</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-10-27 04:02</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><html><body>-Reuters</p><p><blockquote><html><body>——路透社</body></html></blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.benzinga.com/news/earnings/21/10/23570548/microsoft-q1-adj-eps-2-27-beats-2-07-estimate-sales-45-30b-beat-43-97b-estimate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178076404","content_text":"-Reuters","news_type":1,"symbols_score_info":{"MSFT":1}},"isVote":1,"tweetType":1,"viewCount":3995,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858087019,"gmtCreate":1634953622671,"gmtModify":1634954276726,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Awesome !!!","listText":"Awesome !!!","text":"Awesome !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858087019","repostId":"1166213725","repostType":4,"repost":{"id":"1166213725","kind":"news","pubTimestamp":1634948473,"share":"https://www.laohu8.com/m/news/1166213725?lang=zh_CN&edition=full","pubTime":"2021-10-23 08:21","market":"us","language":"en","title":"Tesla Stock Closed Above $900 for First Time. What Could Come Next.<blockquote>特斯拉股价首次收于900美元以上。接下来会发生什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1166213725","media":"Barrons","summary":"Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?Tesla  stock closed at $909.68, up about 1.8%. The S&P 500 dropped about 0.1%, while the Dow Jones Industrial Average added about 0.2%.Shares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&P. Tesla debt is now BB+ rated, one notch below investment grade.Tesla stoc","content":"<p>Tesla&nbsp;stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?</p><p><blockquote>特斯拉股价在周五交易中创下历史新高，收盘价创历史新高。该股最近的走势令人难以置信。能涨到多高？</blockquote></p><p> Tesla (ticker: TSLA) stock closed at $909.68, up about 1.8%. The&nbsp;S&amp;P 500&nbsp;dropped about 0.1%, while the&nbsp;Dow Jones Industrial Average&nbsp;added about 0.2%.</p><p><blockquote>特斯拉（股票代码：TSLA）股价收于909.68美元，上涨约1.8%。标准普尔500指数下跌约0.1%，道琼斯工业平均指数上涨约0.2%。</blockquote></p><p> Shares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&amp;P. Tesla debt is now BB+ rated, one notch below investment grade.</p><p><blockquote>强劲的交付量和盈利提振了这家电动汽车巨头的股价。周五，标准普尔的信用升级也提振了股价。特斯拉债务目前评级为BB+，比投资级低一级。</blockquote></p><p> Tesla stock’s new 52-week intraday high is $910 on the nose. The old high-water mark of $900.40 was set on Jan. 25, according to Dow Jones Market Data. On Thursday, Tesla closed at a record for the first time since Jan. 26.</p><p><blockquote>特斯拉股价创52周盘中新高910美元。根据道琼斯市场数据，900.40美元的旧高水位是在1月25日创下的。周四，特斯拉自1月26日以来首次收于创纪录水平。</blockquote></p><p> Shares are up about 40% over the past three months, pushing the market cap to roughly $910 billion. (Tesla has about 1 billion shares outstanding, making the math easy.)</p><p><blockquote>过去三个月，股价上涨了约40%，市值达到约9100亿美元。（特斯拉拥有约10亿股已发行股票，这使得计算变得很容易。）</blockquote></p><p> Bulls, naturally, see more gains ahead. Wedbush analyst Dan Ives raised his bull-case Tesla stock price target to $1,500 from $1,300 after the company reported better-than-expected earnings on Wednesday.</p><p><blockquote>多头自然会看到未来会有更多收益。Wedbush分析师Dan Ives将牛市特斯拉股价目标从1300美元上调至1500美元，此前该公司周三公布了好于预期的财报。</blockquote></p><p> “Tesla is rising because earnings revisions are soaring,” points out Gary Black, managing partner of the Future Fund Active exchange-traded fund. Analyst estimates for Tesla’s 2022 earnings have risen to about $8 a share from $6 over the past few weeks. “Rising estimates drove Tesla to the moon in 2020. They will drive Tesla to $1,000-plus in 2022,” Black says.</p><p><blockquote>“特斯拉正在上涨，因为盈利修正正在飙升，”未来基金主动交易所交易基金管理合伙人Gary Black指出。过去几周，分析师对特斯拉2022年每股收益的预期已从每股6美元升至约8美元。“不断上涨的估值推动特斯拉在2020年登上了月球。它们将推动特斯拉在2022年达到1,000美元以上，”Black说。</blockquote></p><p> Ives rates Tesla stock Buy, and Tesla is the largest position in Black’s fund.</p><p><blockquote>Ives将特斯拉股票评级为买入，特斯拉是Black基金的最大持仓。</blockquote></p><p> Yes, there are still Tesla bears out there who believe the stock is overvalued. The bottom third of analyst price targets averages about $425, less than half of Friday’s close.</p><p><blockquote>是的，仍然有看空特斯拉的人认为该股被高估了。分析师目标价的底部三分之一平均约为425美元，不到周五收盘价的一半。</blockquote></p><p> Bears expect the sky-high valuation to give investors pause eventually. Stocks don’t usually fall just because investors, collectively, wake up one morning and feel differently about valuation. Something has to happen. The overall market could tumble, or the business could trip up. Analysts expect Tesla deliveries to grow to 1.3 million units in 2022 from about 890,000 units in 2021. Any hiccup to growth would be a negative catalyst for shares.</p><p><blockquote>看空者预计天价估值最终会让投资者犹豫不决。股票通常不会因为投资者集体某天早上醒来对估值有不同的感觉而下跌。总得有事发生。整体市场可能会暴跌，或者企业可能会陷入困境。分析师预计，特斯拉的交付量将从2021年的约89万辆增长到2022年的130万辆。增长的任何问题都将成为股市的负面催化剂。</blockquote></p><p> Whether the stock rises or falls in the short run is anyone’s guess. For now, though, the momentum belongs to Tesla bulls.</p><p><blockquote>该股短期内是上涨还是下跌，谁也说不准。不过，就目前而言，势头属于特斯拉多头。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Closed Above $900 for First Time. What Could Come Next.<blockquote>特斯拉股价首次收于900美元以上。接下来会发生什么。</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\">\nTesla Stock Closed Above $900 for First Time. What Could Come Next.<blockquote>特斯拉股价首次收于900美元以上。接下来会发生什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-10-23 08:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?</p><p><blockquote>特斯拉股价在周五交易中创下历史新高，收盘价创历史新高。该股最近的走势令人难以置信。能涨到多高？</blockquote></p><p> Tesla (ticker: TSLA) stock closed at $909.68, up about 1.8%. The&nbsp;S&amp;P 500&nbsp;dropped about 0.1%, while the&nbsp;Dow Jones Industrial Average&nbsp;added about 0.2%.</p><p><blockquote>特斯拉（股票代码：TSLA）股价收于909.68美元，上涨约1.8%。标准普尔500指数下跌约0.1%，道琼斯工业平均指数上涨约0.2%。</blockquote></p><p> Shares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&amp;P. Tesla debt is now BB+ rated, one notch below investment grade.</p><p><blockquote>强劲的交付量和盈利提振了这家电动汽车巨头的股价。周五，标准普尔的信用升级也提振了股价。特斯拉债务目前评级为BB+，比投资级低一级。</blockquote></p><p> Tesla stock’s new 52-week intraday high is $910 on the nose. The old high-water mark of $900.40 was set on Jan. 25, according to Dow Jones Market Data. On Thursday, Tesla closed at a record for the first time since Jan. 26.</p><p><blockquote>特斯拉股价创52周盘中新高910美元。根据道琼斯市场数据，900.40美元的旧高水位是在1月25日创下的。周四，特斯拉自1月26日以来首次收于创纪录水平。</blockquote></p><p> Shares are up about 40% over the past three months, pushing the market cap to roughly $910 billion. (Tesla has about 1 billion shares outstanding, making the math easy.)</p><p><blockquote>过去三个月，股价上涨了约40%，市值达到约9100亿美元。（特斯拉拥有约10亿股已发行股票，这使得计算变得很容易。）</blockquote></p><p> Bulls, naturally, see more gains ahead. Wedbush analyst Dan Ives raised his bull-case Tesla stock price target to $1,500 from $1,300 after the company reported better-than-expected earnings on Wednesday.</p><p><blockquote>多头自然会看到未来会有更多收益。Wedbush分析师Dan Ives将牛市特斯拉股价目标从1300美元上调至1500美元，此前该公司周三公布了好于预期的财报。</blockquote></p><p> “Tesla is rising because earnings revisions are soaring,” points out Gary Black, managing partner of the Future Fund Active exchange-traded fund. Analyst estimates for Tesla’s 2022 earnings have risen to about $8 a share from $6 over the past few weeks. “Rising estimates drove Tesla to the moon in 2020. They will drive Tesla to $1,000-plus in 2022,” Black says.</p><p><blockquote>“特斯拉正在上涨，因为盈利修正正在飙升，”未来基金主动交易所交易基金管理合伙人Gary Black指出。过去几周，分析师对特斯拉2022年每股收益的预期已从每股6美元升至约8美元。“不断上涨的估值推动特斯拉在2020年登上了月球。它们将推动特斯拉在2022年达到1,000美元以上，”Black说。</blockquote></p><p> Ives rates Tesla stock Buy, and Tesla is the largest position in Black’s fund.</p><p><blockquote>Ives将特斯拉股票评级为买入，特斯拉是Black基金的最大持仓。</blockquote></p><p> Yes, there are still Tesla bears out there who believe the stock is overvalued. The bottom third of analyst price targets averages about $425, less than half of Friday’s close.</p><p><blockquote>是的，仍然有看空特斯拉的人认为该股被高估了。分析师目标价的底部三分之一平均约为425美元，不到周五收盘价的一半。</blockquote></p><p> Bears expect the sky-high valuation to give investors pause eventually. Stocks don’t usually fall just because investors, collectively, wake up one morning and feel differently about valuation. Something has to happen. The overall market could tumble, or the business could trip up. Analysts expect Tesla deliveries to grow to 1.3 million units in 2022 from about 890,000 units in 2021. Any hiccup to growth would be a negative catalyst for shares.</p><p><blockquote>看空者预计天价估值最终会让投资者犹豫不决。股票通常不会因为投资者集体某天早上醒来对估值有不同的感觉而下跌。总得有事发生。整体市场可能会暴跌，或者企业可能会陷入困境。分析师预计，特斯拉的交付量将从2021年的约89万辆增长到2022年的130万辆。增长的任何问题都将成为股市的负面催化剂。</blockquote></p><p> Whether the stock rises or falls in the short run is anyone’s guess. For now, though, the momentum belongs to Tesla bulls.</p><p><blockquote>该股短期内是上涨还是下跌，谁也说不准。不过，就目前而言，势头属于特斯拉多头。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-record-high-51634913773?mod=hp_LATEST\">Barrons</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":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-record-high-51634913773?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166213725","content_text":"Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?\nTesla (ticker: TSLA) stock closed at $909.68, up about 1.8%. The S&P 500 dropped about 0.1%, while the Dow Jones Industrial Average added about 0.2%.\nShares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&P. Tesla debt is now BB+ rated, one notch below investment grade.\nTesla stock’s new 52-week intraday high is $910 on the nose. The old high-water mark of $900.40 was set on Jan. 25, according to Dow Jones Market Data. On Thursday, Tesla closed at a record for the first time since Jan. 26.\nShares are up about 40% over the past three months, pushing the market cap to roughly $910 billion. (Tesla has about 1 billion shares outstanding, making the math easy.)\nBulls, naturally, see more gains ahead. Wedbush analyst Dan Ives raised his bull-case Tesla stock price target to $1,500 from $1,300 after the company reported better-than-expected earnings on Wednesday.\n“Tesla is rising because earnings revisions are soaring,” points out Gary Black, managing partner of the Future Fund Active exchange-traded fund. Analyst estimates for Tesla’s 2022 earnings have risen to about $8 a share from $6 over the past few weeks. “Rising estimates drove Tesla to the moon in 2020. They will drive Tesla to $1,000-plus in 2022,” Black says.\nIves rates Tesla stock Buy, and Tesla is the largest position in Black’s fund.\nYes, there are still Tesla bears out there who believe the stock is overvalued. The bottom third of analyst price targets averages about $425, less than half of Friday’s close.\nBears expect the sky-high valuation to give investors pause eventually. Stocks don’t usually fall just because investors, collectively, wake up one morning and feel differently about valuation. Something has to happen. The overall market could tumble, or the business could trip up. Analysts expect Tesla deliveries to grow to 1.3 million units in 2022 from about 890,000 units in 2021. Any hiccup to growth would be a negative catalyst for shares.\nWhether the stock rises or falls in the short run is anyone’s guess. For now, though, the momentum belongs to Tesla bulls.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851084520,"gmtCreate":1634859509106,"gmtModify":1634859509732,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"TFS this article…","listText":"TFS this article…","text":"TFS this article…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/851084520","repostId":"2177462128","repostType":4,"isVote":1,"tweetType":1,"viewCount":770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861003304,"gmtCreate":1632440298408,"gmtModify":1632726269633,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Is this a good mid to long term&nbsp;investment?","listText":"Is this a good mid to long term&nbsp;investment?","text":"Is this a good mid to long term investment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/861003304","repostId":"1148130438","repostType":4,"repost":{"id":"1148130438","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632412797,"share":"https://www.laohu8.com/m/news/1148130438?lang=zh_CN&edition=full","pubTime":"2021-09-23 23:59","market":"us","language":"en","title":"Sterling Check opens for trading at $27.1, up about 18% from IPO price<blockquote>英镑支票开盘价为27.1美元，较IPO价格上涨约18%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148130438","media":"Tiger Newspress","summary":"(Sept 23) Sterling Check Corp. opens for trading at $27.1, up about 18% from IPO price.\nCompany & Te","content":"<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/STER\">Sterling Check Corp.</a> opens for trading at $27.1, up about 18% from IPO price.</p><p><blockquote>（9月23日）<a href=\"https://laohu8.com/S/STER\">斯特林支票公司。</a>开盘价为27.1美元，较IPO价格上涨约18%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cc3f51dd719989f02bf56c538ce17c72\" tg-width=\"904\" tg-height=\"560\" referrerpolicy=\"no-referrer\"><b>Company &amp; Technology</b></p><p><blockquote><b>公司与技术</b></blockquote></p><p> New York-based Sterling was founded to develop a full suite of background screening, verifications and ongoing monitoring services for businesses.</p><p><blockquote>总部位于纽约的Sterling成立的目的是为企业开发一整套背景筛查、验证和持续监控服务。</blockquote></p><p> Management is headed by Chief Executive Officer Joshua Peirez, who has been with the firm since July 2018 and was previously president and COO of Dun &amp; Bradstreet and held senior roles at Mastercard prior to that.</p><p><blockquote>管理层由首席执行官Joshua Peirez领导，他自2018年7月起加入该公司，此前曾担任邓白氏总裁兼首席运营官，此前曾在万事达卡担任高级职务。</blockquote></p><p> The company’s primary offering categories include:</p><p><blockquote>公司的主要发行类别包括：</blockquote></p><p> <ul>  <li>Identity verification</p><p><blockquote><ul><li>身份验证</li></ul></blockquote></p><p></li>  <li>Background screening</p><p><blockquote><li>背景筛选</li></blockquote></p><p></li>  <li>Credential verifications</p><p><blockquote><li>凭据验证</li></blockquote></p><p></li>  <li>Onboarding</p><p><blockquote><li>入职</li></blockquote></p><p></li>  <li>Ongoing monitoring</p><p><blockquote><li>持续监测</li></blockquote></p><p></li> </ul> Sterling has received at least $775 million in equity investment from investors including Goldman Sachs and The Greenblatt Trusts.</p><p><blockquote>斯特林已从高盛和格林布拉特信托等投资者那里获得了至少7.75亿美元的股权投资。</blockquote></p><p> <b>Customer Acquisition</b></p><p><blockquote><b>客户获取</b></blockquote></p><p> The firm pursues large clients through a direct sales team approach organized by industry vertical and region.</p><p><blockquote>该公司通过按垂直行业和地区组织的直销团队方式寻求大客户。</blockquote></p><p> For the 12 months ended June 30, 2021, the firm's platform performed over 75 million searches for over 40,000 clients.</p><p><blockquote>在截至2021年6月30日的12个月中，该公司的平台为超过40,000名客户进行了超过7500万次搜索。</blockquote></p><p> Selling, G&amp;A expenses as a percentage of total revenue have dropped as revenues have fluctuated, as the figures below indicate:</p><p><blockquote>销售、一般管理费用占总收入的百分比随着收入的波动而下降，如下图所示：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Selling, G&amp;A</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>销售、G&amp;A</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>Expenses vs. Revenue</b></p><p><blockquote><td><b>费用与收入</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Percentage</p><p><blockquote><td>百分比</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>22.8%</p><p><blockquote><td>22.8%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>27.0%</p><p><blockquote><td>27.0%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>29.6%</p><p><blockquote><td>29.6%</td></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> The Selling, G&amp;A efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling, G&amp;A spend, rebounded to 1.3x in the most recent reporting period, as shown in the table below:</p><p><blockquote>销售、G&amp;A效率率（定义为每美元销售、G&amp;A支出产生多少美元的额外新收入）在最近的报告期内反弹至1.3倍，如下表所示：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Selling, G&amp;A</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>销售、G&amp;A</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>Efficiency Rate</b></p><p><blockquote><td><b>效率率</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Multiple</p><p><blockquote><td>多个的</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>1.3</p><p><blockquote><td>1.3</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>-0.4</p><p><blockquote><td>-0.4</td></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p><p><blockquote>40法则是软件行业的经验法则，只要收入增长率和EBITDA百分比等于或超过40%，公司就处于可接受的增长/EBITDA轨迹上。</blockquote></p><p> STER’s most recent calculation was 51% for the six months ended June 30, 2021, so the firm has performed well in this regard, per the table below:</p><p><blockquote>STER的最新计算结果是截至2021年6月30日的六个月为51%，因此该公司在这方面表现良好，如下表所示：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Rule of 40</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>40法则</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>Calculation</b></p><p><blockquote><td><b>计算</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Recent Rev. Growth %</p><p><blockquote><tr><td>近期收入增长%</td></tr></blockquote></p><p></td>    <td>44%</p><p><blockquote><td>44%</td></blockquote></p><p></td>   </tr>   <tr>    <td>EBITDA %</p><p><blockquote><tr><td>EBITDA%</td></tr></blockquote></p><p></td>    <td>8%</p><p><blockquote><td>8%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Total</p><p><blockquote><tr><td>总的</td></tr></blockquote></p><p></td>    <td>51%</p><p><blockquote><td>51%</td></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> <b>Market &amp; Competition</b></p><p><blockquote><b>市场与竞争</b></blockquote></p><p> According to a 2021 marketresearch reportby The Insight Partners, the global employment screening market, one of the firm's focus areas, was an estimated $4.2 billion in 2020 and is forecast to reach $6.4 billion by 2028.</p><p><blockquote>根据Insight Partners的2021年市场研究报告，全球就业筛选市场是该公司的重点领域之一，2020年估计为42亿美元，预计到2028年将达到64亿美元。</blockquote></p><p> This represents a forecast CAGR of 5.5% from 2021 to 2028.</p><p><blockquote>这意味着2021年至2028年的预测复合年增长率为5.5%。</blockquote></p><p> The main drivers for this expected growth are increased populations in urban areas resulting in greater job opportunities and employee demand and a growing incidence of application fraud or inflation.</p><p><blockquote>这一预期增长的主要驱动力是城市地区人口的增加，导致更多的就业机会和员工需求，以及申请欺诈或通货膨胀的发生率不断上升。</blockquote></p><p> Also, the number of applicants for each job opening has increased along with a larger number of contract, temporary and 'gig economy' workers.</p><p><blockquote>此外，随着合同工、临时工和“零工经济”工人数量的增加，每个职位空缺的申请人数也有所增加。</blockquote></p><p> Major competitive or other industry participants include:</p><p><blockquote>主要竞争对手或其他行业参与者包括：</blockquote></p><p> <ul>  <li>First Advantage</p><p><blockquote><ul><li>第一个优势</li></ul></blockquote></p><p></li>  <li>HireRight</p><p><blockquote><li>雇佣权</li></blockquote></p><p></li>  <li>Accurate Background</p><p><blockquote><li>准确的背景</li></blockquote></p><p></li>  <li>ADP</p><p><blockquote><li>ADP</li></blockquote></p><p></li>  <li>Cisive</p><p><blockquote><li>西西夫</li></blockquote></p><p></li>  <li>Checkr</p><p><blockquote><li>检查器</li></blockquote></p><p></li>  <li>DISA</p><p><blockquote><li>迪萨</li></blockquote></p><p></li>  <li>Triton</p><p><blockquote><li>Triton</li></blockquote></p><p></li>  <li>Other smaller players</p><p><blockquote><li>其他较小的参与者</li></blockquote></p><p></li> </ul> <b>Financial Performance</b></p><p><blockquote><b>财务表现</b></blockquote></p><p> Sterling’s recent financial results can be summarized as follows:</p><p><blockquote>斯特林近期的财务业绩可总结如下：</blockquote></p><p> <ul>  <li>Rebounding topline revenue growth</p><p><blockquote><ul><li>营收增长反弹</li></ul></blockquote></p><p></li>  <li>Variable gross profit growth</p><p><blockquote><li>可变毛利增长</li></blockquote></p><p></li>  <li>Slightly reduced gross margin</p><p><blockquote><li>毛利率略有下降</li></blockquote></p><p></li>  <li>A swing to operating profit and net income</p><p><blockquote><li>营业利润和净利润的波动</li></blockquote></p><p></li>  <li>Growing cash flow from operations in 2021</p><p><blockquote><li>2021年运营现金流增长</li></blockquote></p><p></li> </ul> Below are relevant financial results derived from the firm’s registration statement:</p><p><blockquote>以下是来自公司注册声明的相关财务业绩：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Total Revenue</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>收入总额</b></td></tr></tbody></table></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Total Revenue</p><p><blockquote><td>收入总额</td></blockquote></p><p></td>    <td>% Variance vs. Prior</p><p><blockquote><td>与既往相比的%差异</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 298,698,000</p><p><blockquote><td>$298,698,000</td></blockquote></p><p></td>    <td>43.6%</p><p><blockquote><td>43.6%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ 454,053,000</p><p><blockquote><td>$454,053,000</td></blockquote></p><p></p><p></td>    <td>-8.7%</p><p><blockquote><td>-8.7%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ 497,116,000</p><p><blockquote><td>$497,116,000</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Gross Profit (Loss)</b></p><p><blockquote><tr></tr><tr><td><b>毛利（亏损）</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Gross Profit (Loss)</p><p><blockquote><td>毛利（亏损）</td></blockquote></p><p></td>    <td>% Variance vs. Prior</p><p><blockquote><td>与既往相比的%差异</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 155,539,000</p><p><blockquote><td>$155,539,000</td></blockquote></p><p></td>    <td>41.9%</p><p><blockquote><td>41.9%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ 236,743,000</p><p><blockquote><td>$236,743,000</td></blockquote></p><p></td>    <td>-14.2%</p><p><blockquote><td>-14.2%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ 275,769,000</p><p><blockquote><td>$275,769,000</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Gross Margin</b></p><p><blockquote><tr></tr><tr><td><b>毛利率</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Gross Margin</p><p><blockquote><td>毛利率</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>52.07%</p><p><blockquote><td>52.07%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>52.14%</p><p><blockquote><td>52.14%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>55.47%</p><p><blockquote><td>55.47%</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Operating Profit (Loss)</b></p><p><blockquote><tr></tr><tr><td><b>经营溢利（亏损）</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Operating Profit (Loss)</p><p><blockquote><td>经营溢利（亏损）</td></blockquote></p><p></td>    <td>Operating Margin</p><p><blockquote><td>营业利润率</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 23,204,000</p><p><blockquote><td>$23,204,000</td></blockquote></p><p></td>    <td>7.8%</p><p><blockquote><td>7.8%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ (23,103,000)</p><p><blockquote><td>$(23,103,000)</td></blockquote></p><p></td>    <td>-5.1%</p><p><blockquote><td>-5.1%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ (13,374,000)</p><p><blockquote><td>$(13,374,000)</td></blockquote></p><p></td>    <td>-2.7%</p><p><blockquote><td>-2.7%</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Net Income (Loss)</b></p><p><blockquote><tr></tr><tr><td><b>净利润（亏损）</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Net Income (Loss)</p><p><blockquote><td>净利润（亏损）</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 4,025,000</p><p><blockquote><td>$4,025,000</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ (52,293,000)</p><p><blockquote><td>$(52,293,000)</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ (46,682,000)</p><p><blockquote><td>$(46,682,000)</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Cash Flow From Operations</b></p><p><blockquote><tr></tr><tr><td><b>经营所得现金流量</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Cash Flow From Operations</p><p><blockquote><td>经营所得现金流量</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 45,290,000</p><p><blockquote><td>$45,290,000</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ 36,185,000</p><p><blockquote><td>$36,185,000</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ 36,204,000</p><p><blockquote><td>$36,204,000</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td>(Glossary Of Terms)</p><p><blockquote><tr></tr><tr><td>（术语表）</td></tr></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> As of June 30, 2021, Sterling had $94.3 million in cash and $744.8 million in total liabilities.</p><p><blockquote>截至2021年6月30日，斯特林拥有9430万美元现金，总负债7.448亿美元。</blockquote></p><p> Free cash flow during the twelve months ended June 30, 2021, was $45 million.</p><p><blockquote>截至2021年6月30日的12个月内的自由现金流为4500万美元。</blockquote></p><p> <b>IPO Details</b></p><p><blockquote><b>IPO详情</b></blockquote></p><p> STER intends to sell 4.76 million shares and selling shareholders will offer 9.525 million shares of common stock at a proposed midpoint price of $21.00 per share for gross proceeds of approximately $300 million, not including the sale of customary underwriter options.</p><p><blockquote>STER打算出售476万股股票，出售股东将以每股21.00美元的拟议中中间价发行952.5万股普通股，总收益约为3亿美元，不包括出售惯常承销商期权。</blockquote></p><p> No existing shareholders have indicated an interest to purchase shares at the IPO price.</p><p><blockquote>没有现有股东表示有兴趣以IPO价格购买股票。</blockquote></p><p> Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $2.4 billion.</p><p><blockquote>假设在拟议价格范围的中点成功IPO，该公司IPO时的企业价值（前承销商期权）将约为24亿美元。</blockquote></p><p> Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 15.2%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p><p><blockquote>排除承销商期权和私募股份或限制性股票（如有）的影响，流通股与流通股的比率约为15.2%。低于10%的数字通常被认为是“低流通量”股票，可能会受到价格大幅波动的影响。</blockquote></p><p> Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p><p><blockquote>根据该公司最新的监管文件，它计划使用净收益如下：</blockquote></p><p>   We currently intend to use the net proceeds to us from this offering, together with cash on hand, to repay approximately $100.0 million outstanding under our Term loan. We intend to use the remainder, if any, of the net proceeds to us from this offering for general corporate purposes.  Management’s presentation of the company roadshow isavailable here.</p><p><blockquote>我们目前打算使用本次发行的净收益以及手头现金来偿还我们定期贷款下约1亿美元的未偿贷款。我们打算将本次发行所得款项净额的剩余部分（如有）用于一般公司用途。管理层对公司路演的介绍可在此处获取。</blockquote></p><p> Regarding outstanding legal proceedings, management said the firm is not a party to any legal proceedings that it believes would be material to its operations or financial condition.</p><p><blockquote>关于未决法律诉讼，管理层表示，该公司不是任何其认为对其运营或财务状况有重大影响的法律诉讼的一方。</blockquote></p><p> Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Morgan Stanley and other investment banks.</p><p><blockquote>此次IPO的上市账簿管理人为高盛、摩根大通、摩根士丹利等投行。</blockquote></p><p> <b>Valuation Metrics</b></p><p><blockquote><b>估值指标</b></blockquote></p><p> Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p><p><blockquote>下表列出了该公司IPO时的相关资本化和估值指标，不包括承销商期权的影响：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Measure [TTM]</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>测量[TTM]</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>Amount</b></p><p><blockquote><td><b>数量</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Market Capitalization at IPO</p><p><blockquote><tr><td>IPO时的市值</td></tr></blockquote></p><p></td>    <td>$1,973,227,914</p><p><blockquote><td>$1,973,227,914</td></blockquote></p><p></td>   </tr>   <tr>    <td>Enterprise Value</p><p><blockquote><tr><td>企业价值</td></tr></blockquote></p><p></td>    <td>$2,401,254,914</p><p><blockquote><td>$2,401,254,914</td></blockquote></p><p></td>   </tr>   <tr>    <td>Price / Sales</p><p><blockquote><tr><td>价格/销售额</td></tr></blockquote></p><p></td>    <td>3.62</p><p><blockquote><td>3.62</td></blockquote></p><p></td>   </tr>   <tr>    <td>EV / Revenue</p><p><blockquote><tr><td>EV/收入</td></tr></blockquote></p><p></td>    <td>4.41</p><p><blockquote><td>4.41</td></blockquote></p><p></td>   </tr>   <tr>    <td>EV / EBITDA</p><p><blockquote><tr><td>EV/EBITDA</td></tr></blockquote></p><p></td>    <td>122.06</p><p><blockquote><td>122.06</td></blockquote></p><p></td>   </tr>   <tr>    <td>Earnings Per Share</p><p><blockquote><tr><td>每股盈利</td></tr></blockquote></p><p></td>    <td>-$0.08</p><p><blockquote><td>-$0.08</td></blockquote></p><p></td>   </tr>   <tr>    <td>Float To Outstanding Shares Ratio</p><p><blockquote><tr><td>流通股与流通股比率</td></tr></blockquote></p><p></td>    <td>15.20%</p><p><blockquote><td>15.20%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Proposed IPO Midpoint Price per Share</p><p><blockquote><tr><td>建议IPO每股中点价格</td></tr></blockquote></p><p></td>    <td>$21.00</p><p><blockquote><td>$21.00</td></blockquote></p><p></td>   </tr>   <tr>    <td>Net Free Cash Flow</p><p><blockquote><tr><td>净自由现金流</td></tr></blockquote></p><p></td>    <td>$44,998,000</p><p><blockquote><td>$44,998,000</td></blockquote></p><p></p><p></td>   </tr>   <tr>    <td>Free Cash Flow Yield Per Share</p><p><blockquote><tr><td>每股自由现金流收益率</td></tr></blockquote></p><p></td>    <td>2.28%</p><p><blockquote><td>2.28%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Revenue Growth Rate</p><p><blockquote><tr><td>收入增长率</td></tr></blockquote></p><p></td>    <td>43.64%</p><p><blockquote><td>43.64%</td></blockquote></p><p></td>   </tr>   <tr>    <td>(Glossary Of Terms)</p><p><blockquote><tr><td>（术语表）</td></tr></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> As a reference, a potential public comparable would be First Advantage(NASDAQ:FA); shown below is a comparison of their primary valuation metrics:</p><p><blockquote>作为参考，一个潜在的公共可比将是第一优势（纳斯达克：FA）；下图是其主要估值指标的比较：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Metric</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>公制</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>First Advantage</b></p><p><blockquote><td><b>第一个优势</b></td></blockquote></p><p></td>    <td><b>Sterling Check</b></p><p><blockquote><td><b>英镑支票</b></td></blockquote></p><p></td>    <td><b>Variance</b></p><p><blockquote><td><b>差异</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Price / Sales</p><p><blockquote><tr><td>价格/销售额</td></tr></blockquote></p><p></td>    <td>5.76</p><p><blockquote><td>5.76</td></blockquote></p><p></td>    <td>3.62</p><p><blockquote><td>3.62</td></blockquote></p><p></td>    <td>-37.1%</p><p><blockquote><td>-37.1%</td></blockquote></p><p></td>   </tr>   <tr>    <td>EV / Revenue</p><p><blockquote><tr><td>EV/收入</td></tr></blockquote></p><p></td>    <td>6.53</p><p><blockquote><td>6.53</td></blockquote></p><p></td>    <td>4.41</p><p><blockquote><td>4.41</td></blockquote></p><p></td>    <td>-32.5%</p><p><blockquote><td>-32.5%</td></blockquote></p><p></td>   </tr>   <tr>    <td>EV / EBITDA</p><p><blockquote><tr><td>EV/EBITDA</td></tr></blockquote></p><p></td>    <td>23.41</p><p><blockquote><td>23.41</td></blockquote></p><p></td>    <td>122.06</p><p><blockquote><td>122.06</td></blockquote></p><p></td>    <td>421.4%</p><p><blockquote><td>421.4%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Earnings Per Share</p><p><blockquote><tr><td>每股盈利</td></tr></blockquote></p><p></td>    <td>$0.04</p><p><blockquote><td>$0.04</td></blockquote></p><p></td>    <td>-$0.08</p><p><blockquote><td>-$0.08</td></blockquote></p><p></td>    <td>-293.0%</p><p><blockquote><td>-293.0%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Revenue Growth Rate</p><p><blockquote><tr><td>收入增长率</td></tr></blockquote></p><p></td>    <td>19.2%</p><p><blockquote><td>19.2%</td></blockquote></p><p></td>    <td>43.64%</p><p><blockquote><td>43.64%</td></blockquote></p><p></td>    <td>127.89%</p><p><blockquote><td>127.89%</td></blockquote></p><p></td>   </tr>   <tr>    <td>(Glossary Of Terms)</p><p><blockquote><tr><td>（术语表）</td></tr></blockquote></p><p></td>   </tr>  </tbody> </table> (S-1/AandSeeking Alpha)</p><p><blockquote>（S-1/AandSeeking Alpha）</blockquote></p><p> <b>Commentary</b></p><p><blockquote><b>评论</b></blockquote></p><p> STER is going public to obtain investment to pay down some of its debt and for its corporate expansion initiatives.</p><p><blockquote>STER即将上市，以获得投资来偿还部分债务并用于企业扩张计划。</blockquote></p><p> The firm’s financials show rebounding topline revenue growth, uneven gross profit growth, a swing to operating profit and net income and growing cash flow from operations in 2021.</p><p><blockquote>该公司的财务数据显示，2021年营收增长反弹，毛利润增长不均衡，营业利润和净利润出现波动，运营现金流不断增长。</blockquote></p><p> Free cash flow for the twelve months ended June 30, 2021, was an impressive $45 million.</p><p><blockquote>截至2021年6月30日的12个月的自由现金流高达4500万美元，令人印象深刻。</blockquote></p><p> Selling, G&amp;A expenses as a percentage of total revenue have trended lower as revenue has varied and its Selling, G&amp;A efficiency rate rebounded to 1.3x in the most recent six-month reporting period.</p><p><blockquote>随着收入的变化，销售、G&amp;A费用占总收入的百分比呈下降趋势，其销售、G&amp;A效率在最近六个月的报告期内反弹至1.3倍。</blockquote></p><p> The market opportunity for providing background checks and related services is large and expected to grow at a moderate CAGR Of 5.5% in the coming years, although the continued transition to a decentralized workforce may increase demand a bit above this estimate.</p><p><blockquote>提供背景调查和相关服务的市场机会很大，预计未来几年将以5.5%的适度CAGR增长，尽管向分散劳动力的持续过渡可能会增加略高于这一估计的需求。</blockquote></p><p> Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 37.3% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p><p><blockquote>高盛是首席承销商，该公司在过去12个月内牵头的IPO自IPO以来的平均回报率为37.3%。这是期内所有主要承销商的中等表现。</blockquote></p><p> The general business cycle - when companies hire fewer workers during down economic periods, demand for the company’s services will decline.</p><p><blockquote>一般商业周期——当公司在经济低迷时期雇佣更少的工人时，对公司服务的需求就会下降。</blockquote></p><p> While Sterling is not immune to the ups and downs of the business cycle and potential future pandemic variant effects on economic activity, the firm has rebounded impressively and appears positioned to compete in a growing market.</p><p><blockquote>虽然英镑也不能幸免于商业周期的起伏以及未来大流行对经济活动的潜在影响，但该公司已经令人印象深刻地反弹，似乎有能力在不断增长的市场中竞争。</blockquote></p><p> As for valuation, compared to First Advantage, which went public earlier in 2021 and performed since its debut, STER appears reasonably valued on a revenue multiple basis as the firm is growing revenue at a faster rate. STER is nearing EPS breakeven.</p><p><blockquote>至于估值，与2021年初上市并自上市以来表现良好的First Advantage相比，STER在收入倍数基础上的估值似乎合理，因为该公司的收入增长速度更快。STER接近每股收益盈亏平衡。</blockquote></p><p> Given the company’s strong rebound after the 2020 pandemic period and reasonable IPO valuation, the IPO is worth a close look.</p><p><blockquote>鉴于该公司在2020年疫情后的强劲反弹以及合理的IPO估值，此次IPO值得密切关注。</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>Sterling Check opens for trading at $27.1, up about 18% from IPO price<blockquote>英镑支票开盘价为27.1美元，较IPO价格上涨约18%</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; 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}\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\">\nSterling Check opens for trading at $27.1, up about 18% from IPO price<blockquote>英镑支票开盘价为27.1美元，较IPO价格上涨约18%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-23 23:59</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/STER\">Sterling Check Corp.</a> opens for trading at $27.1, up about 18% from IPO price.</p><p><blockquote>（9月23日）<a href=\"https://laohu8.com/S/STER\">斯特林支票公司。</a>开盘价为27.1美元，较IPO价格上涨约18%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cc3f51dd719989f02bf56c538ce17c72\" tg-width=\"904\" tg-height=\"560\" referrerpolicy=\"no-referrer\"><b>Company &amp; Technology</b></p><p><blockquote><b>公司与技术</b></blockquote></p><p> New York-based Sterling was founded to develop a full suite of background screening, verifications and ongoing monitoring services for businesses.</p><p><blockquote>总部位于纽约的Sterling成立的目的是为企业开发一整套背景筛查、验证和持续监控服务。</blockquote></p><p> Management is headed by Chief Executive Officer Joshua Peirez, who has been with the firm since July 2018 and was previously president and COO of Dun &amp; Bradstreet and held senior roles at Mastercard prior to that.</p><p><blockquote>管理层由首席执行官Joshua Peirez领导，他自2018年7月起加入该公司，此前曾担任邓白氏总裁兼首席运营官，此前曾在万事达卡担任高级职务。</blockquote></p><p> The company’s primary offering categories include:</p><p><blockquote>公司的主要发行类别包括：</blockquote></p><p> <ul>  <li>Identity verification</p><p><blockquote><ul><li>身份验证</li></ul></blockquote></p><p></li>  <li>Background screening</p><p><blockquote><li>背景筛选</li></blockquote></p><p></li>  <li>Credential verifications</p><p><blockquote><li>凭据验证</li></blockquote></p><p></li>  <li>Onboarding</p><p><blockquote><li>入职</li></blockquote></p><p></li>  <li>Ongoing monitoring</p><p><blockquote><li>持续监测</li></blockquote></p><p></li> </ul> Sterling has received at least $775 million in equity investment from investors including Goldman Sachs and The Greenblatt Trusts.</p><p><blockquote>斯特林已从高盛和格林布拉特信托等投资者那里获得了至少7.75亿美元的股权投资。</blockquote></p><p> <b>Customer Acquisition</b></p><p><blockquote><b>客户获取</b></blockquote></p><p> The firm pursues large clients through a direct sales team approach organized by industry vertical and region.</p><p><blockquote>该公司通过按垂直行业和地区组织的直销团队方式寻求大客户。</blockquote></p><p> For the 12 months ended June 30, 2021, the firm's platform performed over 75 million searches for over 40,000 clients.</p><p><blockquote>在截至2021年6月30日的12个月中，该公司的平台为超过40,000名客户进行了超过7500万次搜索。</blockquote></p><p> Selling, G&amp;A expenses as a percentage of total revenue have dropped as revenues have fluctuated, as the figures below indicate:</p><p><blockquote>销售、一般管理费用占总收入的百分比随着收入的波动而下降，如下图所示：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Selling, G&amp;A</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>销售、G&amp;A</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>Expenses vs. Revenue</b></p><p><blockquote><td><b>费用与收入</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Percentage</p><p><blockquote><td>百分比</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>22.8%</p><p><blockquote><td>22.8%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>27.0%</p><p><blockquote><td>27.0%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>29.6%</p><p><blockquote><td>29.6%</td></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> The Selling, G&amp;A efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling, G&amp;A spend, rebounded to 1.3x in the most recent reporting period, as shown in the table below:</p><p><blockquote>销售、G&amp;A效率率（定义为每美元销售、G&amp;A支出产生多少美元的额外新收入）在最近的报告期内反弹至1.3倍，如下表所示：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Selling, G&amp;A</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>销售、G&amp;A</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>Efficiency Rate</b></p><p><blockquote><td><b>效率率</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Multiple</p><p><blockquote><td>多个的</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>1.3</p><p><blockquote><td>1.3</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>-0.4</p><p><blockquote><td>-0.4</td></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p><p><blockquote>40法则是软件行业的经验法则，只要收入增长率和EBITDA百分比等于或超过40%，公司就处于可接受的增长/EBITDA轨迹上。</blockquote></p><p> STER’s most recent calculation was 51% for the six months ended June 30, 2021, so the firm has performed well in this regard, per the table below:</p><p><blockquote>STER的最新计算结果是截至2021年6月30日的六个月为51%，因此该公司在这方面表现良好，如下表所示：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Rule of 40</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>40法则</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>Calculation</b></p><p><blockquote><td><b>计算</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Recent Rev. Growth %</p><p><blockquote><tr><td>近期收入增长%</td></tr></blockquote></p><p></td>    <td>44%</p><p><blockquote><td>44%</td></blockquote></p><p></td>   </tr>   <tr>    <td>EBITDA %</p><p><blockquote><tr><td>EBITDA%</td></tr></blockquote></p><p></td>    <td>8%</p><p><blockquote><td>8%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Total</p><p><blockquote><tr><td>总的</td></tr></blockquote></p><p></td>    <td>51%</p><p><blockquote><td>51%</td></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> <b>Market &amp; Competition</b></p><p><blockquote><b>市场与竞争</b></blockquote></p><p> According to a 2021 marketresearch reportby The Insight Partners, the global employment screening market, one of the firm's focus areas, was an estimated $4.2 billion in 2020 and is forecast to reach $6.4 billion by 2028.</p><p><blockquote>根据Insight Partners的2021年市场研究报告，全球就业筛选市场是该公司的重点领域之一，2020年估计为42亿美元，预计到2028年将达到64亿美元。</blockquote></p><p> This represents a forecast CAGR of 5.5% from 2021 to 2028.</p><p><blockquote>这意味着2021年至2028年的预测复合年增长率为5.5%。</blockquote></p><p> The main drivers for this expected growth are increased populations in urban areas resulting in greater job opportunities and employee demand and a growing incidence of application fraud or inflation.</p><p><blockquote>这一预期增长的主要驱动力是城市地区人口的增加，导致更多的就业机会和员工需求，以及申请欺诈或通货膨胀的发生率不断上升。</blockquote></p><p> Also, the number of applicants for each job opening has increased along with a larger number of contract, temporary and 'gig economy' workers.</p><p><blockquote>此外，随着合同工、临时工和“零工经济”工人数量的增加，每个职位空缺的申请人数也有所增加。</blockquote></p><p> Major competitive or other industry participants include:</p><p><blockquote>主要竞争对手或其他行业参与者包括：</blockquote></p><p> <ul>  <li>First Advantage</p><p><blockquote><ul><li>第一个优势</li></ul></blockquote></p><p></li>  <li>HireRight</p><p><blockquote><li>雇佣权</li></blockquote></p><p></li>  <li>Accurate Background</p><p><blockquote><li>准确的背景</li></blockquote></p><p></li>  <li>ADP</p><p><blockquote><li>ADP</li></blockquote></p><p></li>  <li>Cisive</p><p><blockquote><li>西西夫</li></blockquote></p><p></li>  <li>Checkr</p><p><blockquote><li>检查器</li></blockquote></p><p></li>  <li>DISA</p><p><blockquote><li>迪萨</li></blockquote></p><p></li>  <li>Triton</p><p><blockquote><li>Triton</li></blockquote></p><p></li>  <li>Other smaller players</p><p><blockquote><li>其他较小的参与者</li></blockquote></p><p></li> </ul> <b>Financial Performance</b></p><p><blockquote><b>财务表现</b></blockquote></p><p> Sterling’s recent financial results can be summarized as follows:</p><p><blockquote>斯特林近期的财务业绩可总结如下：</blockquote></p><p> <ul>  <li>Rebounding topline revenue growth</p><p><blockquote><ul><li>营收增长反弹</li></ul></blockquote></p><p></li>  <li>Variable gross profit growth</p><p><blockquote><li>可变毛利增长</li></blockquote></p><p></li>  <li>Slightly reduced gross margin</p><p><blockquote><li>毛利率略有下降</li></blockquote></p><p></li>  <li>A swing to operating profit and net income</p><p><blockquote><li>营业利润和净利润的波动</li></blockquote></p><p></li>  <li>Growing cash flow from operations in 2021</p><p><blockquote><li>2021年运营现金流增长</li></blockquote></p><p></li> </ul> Below are relevant financial results derived from the firm’s registration statement:</p><p><blockquote>以下是来自公司注册声明的相关财务业绩：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Total Revenue</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>收入总额</b></td></tr></tbody></table></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Total Revenue</p><p><blockquote><td>收入总额</td></blockquote></p><p></td>    <td>% Variance vs. Prior</p><p><blockquote><td>与既往相比的%差异</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 298,698,000</p><p><blockquote><td>$298,698,000</td></blockquote></p><p></td>    <td>43.6%</p><p><blockquote><td>43.6%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ 454,053,000</p><p><blockquote><td>$454,053,000</td></blockquote></p><p></p><p></td>    <td>-8.7%</p><p><blockquote><td>-8.7%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ 497,116,000</p><p><blockquote><td>$497,116,000</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Gross Profit (Loss)</b></p><p><blockquote><tr></tr><tr><td><b>毛利（亏损）</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Gross Profit (Loss)</p><p><blockquote><td>毛利（亏损）</td></blockquote></p><p></td>    <td>% Variance vs. Prior</p><p><blockquote><td>与既往相比的%差异</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 155,539,000</p><p><blockquote><td>$155,539,000</td></blockquote></p><p></td>    <td>41.9%</p><p><blockquote><td>41.9%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ 236,743,000</p><p><blockquote><td>$236,743,000</td></blockquote></p><p></td>    <td>-14.2%</p><p><blockquote><td>-14.2%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ 275,769,000</p><p><blockquote><td>$275,769,000</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Gross Margin</b></p><p><blockquote><tr></tr><tr><td><b>毛利率</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Gross Margin</p><p><blockquote><td>毛利率</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>52.07%</p><p><blockquote><td>52.07%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>52.14%</p><p><blockquote><td>52.14%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>55.47%</p><p><blockquote><td>55.47%</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Operating Profit (Loss)</b></p><p><blockquote><tr></tr><tr><td><b>经营溢利（亏损）</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Operating Profit (Loss)</p><p><blockquote><td>经营溢利（亏损）</td></blockquote></p><p></td>    <td>Operating Margin</p><p><blockquote><td>营业利润率</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 23,204,000</p><p><blockquote><td>$23,204,000</td></blockquote></p><p></td>    <td>7.8%</p><p><blockquote><td>7.8%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ (23,103,000)</p><p><blockquote><td>$(23,103,000)</td></blockquote></p><p></td>    <td>-5.1%</p><p><blockquote><td>-5.1%</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ (13,374,000)</p><p><blockquote><td>$(13,374,000)</td></blockquote></p><p></td>    <td>-2.7%</p><p><blockquote><td>-2.7%</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Net Income (Loss)</b></p><p><blockquote><tr></tr><tr><td><b>净利润（亏损）</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Net Income (Loss)</p><p><blockquote><td>净利润（亏损）</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 4,025,000</p><p><blockquote><td>$4,025,000</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ (52,293,000)</p><p><blockquote><td>$(52,293,000)</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ (46,682,000)</p><p><blockquote><td>$(46,682,000)</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td><b>Cash Flow From Operations</b></p><p><blockquote><tr></tr><tr><td><b>经营所得现金流量</b></td></tr></blockquote></p><p></td>   </tr>   <tr>    <td>Period</p><p><blockquote><tr><td>周期</td></tr></blockquote></p><p></td>    <td>Cash Flow From Operations</p><p><blockquote><td>经营所得现金流量</td></blockquote></p><p></td>   </tr>   <tr>    <td>Six Mos. Ended June 30, 2021</p><p><blockquote><tr><td>六个月。截至2021年6月30日止</td></tr></blockquote></p><p></td>    <td>$ 45,290,000</p><p><blockquote><td>$45,290,000</td></blockquote></p><p></td>   </tr>   <tr>    <td>2020</p><p><blockquote><tr><td>2020</td></tr></blockquote></p><p></td>    <td>$ 36,185,000</p><p><blockquote><td>$36,185,000</td></blockquote></p><p></td>   </tr>   <tr>    <td>2019</p><p><blockquote><tr><td>2019</td></tr></blockquote></p><p></td>    <td>$ 36,204,000</p><p><blockquote><td>$36,204,000</td></blockquote></p><p></td>   </tr>   <tr></tr>   <tr>    <td>(Glossary Of Terms)</p><p><blockquote><tr></tr><tr><td>（术语表）</td></tr></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> As of June 30, 2021, Sterling had $94.3 million in cash and $744.8 million in total liabilities.</p><p><blockquote>截至2021年6月30日，斯特林拥有9430万美元现金，总负债7.448亿美元。</blockquote></p><p> Free cash flow during the twelve months ended June 30, 2021, was $45 million.</p><p><blockquote>截至2021年6月30日的12个月内的自由现金流为4500万美元。</blockquote></p><p> <b>IPO Details</b></p><p><blockquote><b>IPO详情</b></blockquote></p><p> STER intends to sell 4.76 million shares and selling shareholders will offer 9.525 million shares of common stock at a proposed midpoint price of $21.00 per share for gross proceeds of approximately $300 million, not including the sale of customary underwriter options.</p><p><blockquote>STER打算出售476万股股票，出售股东将以每股21.00美元的拟议中中间价发行952.5万股普通股，总收益约为3亿美元，不包括出售惯常承销商期权。</blockquote></p><p> No existing shareholders have indicated an interest to purchase shares at the IPO price.</p><p><blockquote>没有现有股东表示有兴趣以IPO价格购买股票。</blockquote></p><p> Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $2.4 billion.</p><p><blockquote>假设在拟议价格范围的中点成功IPO，该公司IPO时的企业价值（前承销商期权）将约为24亿美元。</blockquote></p><p> Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 15.2%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p><p><blockquote>排除承销商期权和私募股份或限制性股票（如有）的影响，流通股与流通股的比率约为15.2%。低于10%的数字通常被认为是“低流通量”股票，可能会受到价格大幅波动的影响。</blockquote></p><p> Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p><p><blockquote>根据该公司最新的监管文件，它计划使用净收益如下：</blockquote></p><p>   We currently intend to use the net proceeds to us from this offering, together with cash on hand, to repay approximately $100.0 million outstanding under our Term loan. We intend to use the remainder, if any, of the net proceeds to us from this offering for general corporate purposes.  Management’s presentation of the company roadshow isavailable here.</p><p><blockquote>我们目前打算使用本次发行的净收益以及手头现金来偿还我们定期贷款下约1亿美元的未偿贷款。我们打算将本次发行所得款项净额的剩余部分（如有）用于一般公司用途。管理层对公司路演的介绍可在此处获取。</blockquote></p><p> Regarding outstanding legal proceedings, management said the firm is not a party to any legal proceedings that it believes would be material to its operations or financial condition.</p><p><blockquote>关于未决法律诉讼，管理层表示，该公司不是任何其认为对其运营或财务状况有重大影响的法律诉讼的一方。</blockquote></p><p> Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Morgan Stanley and other investment banks.</p><p><blockquote>此次IPO的上市账簿管理人为高盛、摩根大通、摩根士丹利等投行。</blockquote></p><p> <b>Valuation Metrics</b></p><p><blockquote><b>估值指标</b></blockquote></p><p> Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p><p><blockquote>下表列出了该公司IPO时的相关资本化和估值指标，不包括承销商期权的影响：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Measure [TTM]</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>测量[TTM]</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>Amount</b></p><p><blockquote><td><b>数量</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Market Capitalization at IPO</p><p><blockquote><tr><td>IPO时的市值</td></tr></blockquote></p><p></td>    <td>$1,973,227,914</p><p><blockquote><td>$1,973,227,914</td></blockquote></p><p></td>   </tr>   <tr>    <td>Enterprise Value</p><p><blockquote><tr><td>企业价值</td></tr></blockquote></p><p></td>    <td>$2,401,254,914</p><p><blockquote><td>$2,401,254,914</td></blockquote></p><p></td>   </tr>   <tr>    <td>Price / Sales</p><p><blockquote><tr><td>价格/销售额</td></tr></blockquote></p><p></td>    <td>3.62</p><p><blockquote><td>3.62</td></blockquote></p><p></td>   </tr>   <tr>    <td>EV / Revenue</p><p><blockquote><tr><td>EV/收入</td></tr></blockquote></p><p></td>    <td>4.41</p><p><blockquote><td>4.41</td></blockquote></p><p></td>   </tr>   <tr>    <td>EV / EBITDA</p><p><blockquote><tr><td>EV/EBITDA</td></tr></blockquote></p><p></td>    <td>122.06</p><p><blockquote><td>122.06</td></blockquote></p><p></td>   </tr>   <tr>    <td>Earnings Per Share</p><p><blockquote><tr><td>每股盈利</td></tr></blockquote></p><p></td>    <td>-$0.08</p><p><blockquote><td>-$0.08</td></blockquote></p><p></td>   </tr>   <tr>    <td>Float To Outstanding Shares Ratio</p><p><blockquote><tr><td>流通股与流通股比率</td></tr></blockquote></p><p></td>    <td>15.20%</p><p><blockquote><td>15.20%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Proposed IPO Midpoint Price per Share</p><p><blockquote><tr><td>建议IPO每股中点价格</td></tr></blockquote></p><p></td>    <td>$21.00</p><p><blockquote><td>$21.00</td></blockquote></p><p></td>   </tr>   <tr>    <td>Net Free Cash Flow</p><p><blockquote><tr><td>净自由现金流</td></tr></blockquote></p><p></td>    <td>$44,998,000</p><p><blockquote><td>$44,998,000</td></blockquote></p><p></p><p></td>   </tr>   <tr>    <td>Free Cash Flow Yield Per Share</p><p><blockquote><tr><td>每股自由现金流收益率</td></tr></blockquote></p><p></td>    <td>2.28%</p><p><blockquote><td>2.28%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Revenue Growth Rate</p><p><blockquote><tr><td>收入增长率</td></tr></blockquote></p><p></td>    <td>43.64%</p><p><blockquote><td>43.64%</td></blockquote></p><p></td>   </tr>   <tr>    <td>(Glossary Of Terms)</p><p><blockquote><tr><td>（术语表）</td></tr></blockquote></p><p></td>   </tr>  </tbody> </table> (Source)</p><p><blockquote>（资料来源）</blockquote></p><p> As a reference, a potential public comparable would be First Advantage(NASDAQ:FA); shown below is a comparison of their primary valuation metrics:</p><p><blockquote>作为参考，一个潜在的公共可比将是第一优势（纳斯达克：FA）；下图是其主要估值指标的比较：</blockquote></p><p> <table>  <colgroup></colgroup>  <tbody>   <tr>    <td><b>Metric</b></p><p><blockquote><table><colgroup></colgroup><tbody><tr><td><b>公制</b></td></tr></tbody></table></blockquote></p><p></td>    <td><b>First Advantage</b></p><p><blockquote><td><b>第一个优势</b></td></blockquote></p><p></td>    <td><b>Sterling Check</b></p><p><blockquote><td><b>英镑支票</b></td></blockquote></p><p></td>    <td><b>Variance</b></p><p><blockquote><td><b>差异</b></td></blockquote></p><p></td>   </tr>   <tr>    <td>Price / Sales</p><p><blockquote><tr><td>价格/销售额</td></tr></blockquote></p><p></td>    <td>5.76</p><p><blockquote><td>5.76</td></blockquote></p><p></td>    <td>3.62</p><p><blockquote><td>3.62</td></blockquote></p><p></td>    <td>-37.1%</p><p><blockquote><td>-37.1%</td></blockquote></p><p></td>   </tr>   <tr>    <td>EV / Revenue</p><p><blockquote><tr><td>EV/收入</td></tr></blockquote></p><p></td>    <td>6.53</p><p><blockquote><td>6.53</td></blockquote></p><p></td>    <td>4.41</p><p><blockquote><td>4.41</td></blockquote></p><p></td>    <td>-32.5%</p><p><blockquote><td>-32.5%</td></blockquote></p><p></td>   </tr>   <tr>    <td>EV / EBITDA</p><p><blockquote><tr><td>EV/EBITDA</td></tr></blockquote></p><p></td>    <td>23.41</p><p><blockquote><td>23.41</td></blockquote></p><p></td>    <td>122.06</p><p><blockquote><td>122.06</td></blockquote></p><p></td>    <td>421.4%</p><p><blockquote><td>421.4%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Earnings Per Share</p><p><blockquote><tr><td>每股盈利</td></tr></blockquote></p><p></td>    <td>$0.04</p><p><blockquote><td>$0.04</td></blockquote></p><p></td>    <td>-$0.08</p><p><blockquote><td>-$0.08</td></blockquote></p><p></td>    <td>-293.0%</p><p><blockquote><td>-293.0%</td></blockquote></p><p></td>   </tr>   <tr>    <td>Revenue Growth Rate</p><p><blockquote><tr><td>收入增长率</td></tr></blockquote></p><p></td>    <td>19.2%</p><p><blockquote><td>19.2%</td></blockquote></p><p></td>    <td>43.64%</p><p><blockquote><td>43.64%</td></blockquote></p><p></td>    <td>127.89%</p><p><blockquote><td>127.89%</td></blockquote></p><p></td>   </tr>   <tr>    <td>(Glossary Of Terms)</p><p><blockquote><tr><td>（术语表）</td></tr></blockquote></p><p></td>   </tr>  </tbody> </table> (S-1/AandSeeking Alpha)</p><p><blockquote>（S-1/AandSeeking Alpha）</blockquote></p><p> <b>Commentary</b></p><p><blockquote><b>评论</b></blockquote></p><p> STER is going public to obtain investment to pay down some of its debt and for its corporate expansion initiatives.</p><p><blockquote>STER即将上市，以获得投资来偿还部分债务并用于企业扩张计划。</blockquote></p><p> The firm’s financials show rebounding topline revenue growth, uneven gross profit growth, a swing to operating profit and net income and growing cash flow from operations in 2021.</p><p><blockquote>该公司的财务数据显示，2021年营收增长反弹，毛利润增长不均衡，营业利润和净利润出现波动，运营现金流不断增长。</blockquote></p><p> Free cash flow for the twelve months ended June 30, 2021, was an impressive $45 million.</p><p><blockquote>截至2021年6月30日的12个月的自由现金流高达4500万美元，令人印象深刻。</blockquote></p><p> Selling, G&amp;A expenses as a percentage of total revenue have trended lower as revenue has varied and its Selling, G&amp;A efficiency rate rebounded to 1.3x in the most recent six-month reporting period.</p><p><blockquote>随着收入的变化，销售、G&amp;A费用占总收入的百分比呈下降趋势，其销售、G&amp;A效率在最近六个月的报告期内反弹至1.3倍。</blockquote></p><p> The market opportunity for providing background checks and related services is large and expected to grow at a moderate CAGR Of 5.5% in the coming years, although the continued transition to a decentralized workforce may increase demand a bit above this estimate.</p><p><blockquote>提供背景调查和相关服务的市场机会很大，预计未来几年将以5.5%的适度CAGR增长，尽管向分散劳动力的持续过渡可能会增加略高于这一估计的需求。</blockquote></p><p> Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 37.3% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p><p><blockquote>高盛是首席承销商，该公司在过去12个月内牵头的IPO自IPO以来的平均回报率为37.3%。这是期内所有主要承销商的中等表现。</blockquote></p><p> The general business cycle - when companies hire fewer workers during down economic periods, demand for the company’s services will decline.</p><p><blockquote>一般商业周期——当公司在经济低迷时期雇佣更少的工人时，对公司服务的需求就会下降。</blockquote></p><p> While Sterling is not immune to the ups and downs of the business cycle and potential future pandemic variant effects on economic activity, the firm has rebounded impressively and appears positioned to compete in a growing market.</p><p><blockquote>虽然英镑也不能幸免于商业周期的起伏以及未来大流行对经济活动的潜在影响，但该公司已经令人印象深刻地反弹，似乎有能力在不断增长的市场中竞争。</blockquote></p><p> As for valuation, compared to First Advantage, which went public earlier in 2021 and performed since its debut, STER appears reasonably valued on a revenue multiple basis as the firm is growing revenue at a faster rate. STER is nearing EPS breakeven.</p><p><blockquote>至于估值，与2021年初上市并自上市以来表现良好的First Advantage相比，STER在收入倍数基础上的估值似乎合理，因为该公司的收入增长速度更快。STER接近每股收益盈亏平衡。</blockquote></p><p> Given the company’s strong rebound after the 2020 pandemic period and reasonable IPO valuation, the IPO is worth a close look.</p><p><blockquote>鉴于该公司在2020年疫情后的强劲反弹以及合理的IPO估值，此次IPO值得密切关注。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STER":"Sterling Check Corp."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148130438","content_text":"(Sept 23) Sterling Check Corp. opens for trading at $27.1, up about 18% from IPO price.\nCompany & Technology\nNew York-based Sterling was founded to develop a full suite of background screening, verifications and ongoing monitoring services for businesses.\nManagement is headed by Chief Executive Officer Joshua Peirez, who has been with the firm since July 2018 and was previously president and COO of Dun & Bradstreet and held senior roles at Mastercard prior to that.\nThe company’s primary offering categories include:\n\nIdentity verification\nBackground screening\nCredential verifications\nOnboarding\nOngoing monitoring\n\nSterling has received at least $775 million in equity investment from investors including Goldman Sachs and The Greenblatt Trusts.\nCustomer Acquisition\nThe firm pursues large clients through a direct sales team approach organized by industry vertical and region.\nFor the 12 months ended June 30, 2021, the firm's platform performed over 75 million searches for over 40,000 clients.\nSelling, G&A expenses as a percentage of total revenue have dropped as revenues have fluctuated, as the figures below indicate:\n\n\n\n\nSelling, G&A\nExpenses vs. Revenue\n\n\nPeriod\nPercentage\n\n\nSix Mos. Ended June 30, 2021\n22.8%\n\n\n2020\n27.0%\n\n\n2019\n29.6%\n\n\n\n(Source)\nThe Selling, G&A efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling, G&A spend, rebounded to 1.3x in the most recent reporting period, as shown in the table below:\n\n\n\n\nSelling, G&A\nEfficiency Rate\n\n\nPeriod\nMultiple\n\n\nSix Mos. Ended June 30, 2021\n1.3\n\n\n2020\n-0.4\n\n\n\n(Source)\nThe Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.\nSTER’s most recent calculation was 51% for the six months ended June 30, 2021, so the firm has performed well in this regard, per the table below:\n\n\n\n\nRule of 40\nCalculation\n\n\nRecent Rev. Growth %\n44%\n\n\nEBITDA %\n8%\n\n\nTotal\n51%\n\n\n\n(Source)\nMarket & Competition\nAccording to a 2021 marketresearch reportby The Insight Partners, the global employment screening market, one of the firm's focus areas, was an estimated $4.2 billion in 2020 and is forecast to reach $6.4 billion by 2028.\nThis represents a forecast CAGR of 5.5% from 2021 to 2028.\nThe main drivers for this expected growth are increased populations in urban areas resulting in greater job opportunities and employee demand and a growing incidence of application fraud or inflation.\nAlso, the number of applicants for each job opening has increased along with a larger number of contract, temporary and 'gig economy' workers.\nMajor competitive or other industry participants include:\n\nFirst Advantage\nHireRight\nAccurate Background\nADP\nCisive\nCheckr\nDISA\nTriton\nOther smaller players\n\nFinancial Performance\nSterling’s recent financial results can be summarized as follows:\n\nRebounding topline revenue growth\nVariable gross profit growth\nSlightly reduced gross margin\nA swing to operating profit and net income\nGrowing cash flow from operations in 2021\n\nBelow are relevant financial results derived from the firm’s registration statement:\n\n\n\n\nTotal Revenue\n\n\nPeriod\nTotal Revenue\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 298,698,000\n43.6%\n\n\n2020\n$ 454,053,000\n-8.7%\n\n\n2019\n$ 497,116,000\n\n\n\nGross Profit (Loss)\n\n\nPeriod\nGross Profit (Loss)\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 155,539,000\n41.9%\n\n\n2020\n$ 236,743,000\n-14.2%\n\n\n2019\n$ 275,769,000\n\n\n\nGross Margin\n\n\nPeriod\nGross Margin\n\n\nSix Mos. Ended June 30, 2021\n52.07%\n\n\n2020\n52.14%\n\n\n2019\n55.47%\n\n\n\nOperating Profit (Loss)\n\n\nPeriod\nOperating Profit (Loss)\nOperating Margin\n\n\nSix Mos. Ended June 30, 2021\n$ 23,204,000\n7.8%\n\n\n2020\n$ (23,103,000)\n-5.1%\n\n\n2019\n$ (13,374,000)\n-2.7%\n\n\n\nNet Income (Loss)\n\n\nPeriod\nNet Income (Loss)\n\n\nSix Mos. Ended June 30, 2021\n$ 4,025,000\n\n\n2020\n$ (52,293,000)\n\n\n2019\n$ (46,682,000)\n\n\n\nCash Flow From Operations\n\n\nPeriod\nCash Flow From Operations\n\n\nSix Mos. Ended June 30, 2021\n$ 45,290,000\n\n\n2020\n$ 36,185,000\n\n\n2019\n$ 36,204,000\n\n\n\n(Glossary Of Terms)\n\n\n\n(Source)\nAs of June 30, 2021, Sterling had $94.3 million in cash and $744.8 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was $45 million.\nIPO Details\nSTER intends to sell 4.76 million shares and selling shareholders will offer 9.525 million shares of common stock at a proposed midpoint price of $21.00 per share for gross proceeds of approximately $300 million, not including the sale of customary underwriter options.\nNo existing shareholders have indicated an interest to purchase shares at the IPO price.\nAssuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $2.4 billion.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 15.2%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nPer the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:\n\n We currently intend to use the net proceeds to us from this offering, together with cash on hand, to repay approximately $100.0 million outstanding under our Term loan. We intend to use the remainder, if any, of the net proceeds to us from this offering for general corporate purposes.\n\nManagement’s presentation of the company roadshow isavailable here.\nRegarding outstanding legal proceedings, management said the firm is not a party to any legal proceedings that it believes would be material to its operations or financial condition.\nListed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, Morgan Stanley and other investment banks.\nValuation Metrics\nBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:\n\n\n\n\nMeasure [TTM]\nAmount\n\n\nMarket Capitalization at IPO\n$1,973,227,914\n\n\nEnterprise Value\n$2,401,254,914\n\n\nPrice / Sales\n3.62\n\n\nEV / Revenue\n4.41\n\n\nEV / EBITDA\n122.06\n\n\nEarnings Per Share\n-$0.08\n\n\nFloat To Outstanding Shares Ratio\n15.20%\n\n\nProposed IPO Midpoint Price per Share\n$21.00\n\n\nNet Free Cash Flow\n$44,998,000\n\n\nFree Cash Flow Yield Per Share\n2.28%\n\n\nRevenue Growth Rate\n43.64%\n\n\n(Glossary Of Terms)\n\n\n\n(Source)\nAs a reference, a potential public comparable would be First Advantage(NASDAQ:FA); shown below is a comparison of their primary valuation metrics:\n\n\n\n\nMetric\nFirst Advantage\nSterling Check\nVariance\n\n\nPrice / Sales\n5.76\n3.62\n-37.1%\n\n\nEV / Revenue\n6.53\n4.41\n-32.5%\n\n\nEV / EBITDA\n23.41\n122.06\n421.4%\n\n\nEarnings Per Share\n$0.04\n-$0.08\n-293.0%\n\n\nRevenue Growth Rate\n19.2%\n43.64%\n127.89%\n\n\n(Glossary Of Terms)\n\n\n\n(S-1/AandSeeking Alpha)\nCommentary\nSTER is going public to obtain investment to pay down some of its debt and for its corporate expansion initiatives.\nThe firm’s financials show rebounding topline revenue growth, uneven gross profit growth, a swing to operating profit and net income and growing cash flow from operations in 2021.\nFree cash flow for the twelve months ended June 30, 2021, was an impressive $45 million.\nSelling, G&A expenses as a percentage of total revenue have trended lower as revenue has varied and its Selling, G&A efficiency rate rebounded to 1.3x in the most recent six-month reporting period.\nThe market opportunity for providing background checks and related services is large and expected to grow at a moderate CAGR Of 5.5% in the coming years, although the continued transition to a decentralized workforce may increase demand a bit above this estimate.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 37.3% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe general business cycle - when companies hire fewer workers during down economic periods, demand for the company’s services will decline.\nWhile Sterling is not immune to the ups and downs of the business cycle and potential future pandemic variant effects on economic activity, the firm has rebounded impressively and appears positioned to compete in a growing market.\nAs for valuation, compared to First Advantage, which went public earlier in 2021 and performed since its debut, STER appears reasonably valued on a revenue multiple basis as the firm is growing revenue at a faster rate. STER is nearing EPS breakeven.\nGiven the company’s strong rebound after the 2020 pandemic period and reasonable IPO valuation, the IPO is worth a close look.","news_type":1,"symbols_score_info":{"STER":0.9}},"isVote":1,"tweetType":1,"viewCount":1099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869124768,"gmtCreate":1632268523454,"gmtModify":1632801665122,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Nice Article. Fully understood. Worth Reading. Thank You.","listText":"Nice Article. Fully understood. Worth Reading. Thank You.","text":"Nice Article. Fully understood. Worth Reading. Thank You.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/869124768","repostId":"1178869256","repostType":4,"isVote":1,"tweetType":1,"viewCount":725,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860105953,"gmtCreate":1632143334172,"gmtModify":1632802573876,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Nothing new!!!&nbsp;Investors&nbsp;like us are reading &amp; digesting these&nbsp;news daily. Today up Tomorrow down, etc, etc. There are plenty of good&nbsp;news that will&nbsp;spur the mkt upwards. There are plenty of bad news that will bring down the mkt. Sometimes good&nbsp;news, stock still fall. Sometimes bad news, stock still move upwards. Listen to&nbsp;yourself. Investcautiously&nbsp;with enough cash to cushion the bad days, bad months, etc.. Don’t panic to sell a good stock pick. Follow the Principle of Investment.&nbsp;My 2cents worth of advice.","listText":"Nothing new!!!&nbsp;Investors&nbsp;like us are reading &amp; digesting these&nbsp;news daily. Today up Tomorrow down, etc, etc. There are plenty of good&nbsp;news that will&nbsp;spur the mkt upwards. There are plenty of bad news that will bring down the mkt. Sometimes good&nbsp;news, stock still fall. Sometimes bad news, stock still move upwards. Listen to&nbsp;yourself. Investcautiously&nbsp;with enough cash to cushion the bad days, bad months, etc.. Don’t panic to sell a good stock pick. Follow the Principle of Investment.&nbsp;My 2cents worth of advice.","text":"Nothing new!!! Investors like us are reading & digesting these news daily. Today up Tomorrow down, etc, etc. There are plenty of good news that will spur the mkt upwards. There are plenty of bad news that will bring down the mkt. Sometimes good news, stock still fall. Sometimes bad news, stock still move upwards. Listen to yourself. Investcautiously with enough cash to cushion the bad days, bad months, etc.. Don’t panic to sell a good stock pick. Follow the Principle of Investment. My 2cents worth of advice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/860105953","repostId":"1130418583","repostType":4,"isVote":1,"tweetType":1,"viewCount":783,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885440130,"gmtCreate":1631828783620,"gmtModify":1631890066738,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Good analysis","listText":"Good analysis","text":"Good analysis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885440130","repostId":"1187895428","repostType":4,"repost":{"id":"1187895428","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1631805240,"share":"https://www.laohu8.com/m/news/1187895428?lang=zh_CN&edition=full","pubTime":"2021-09-16 23:14","market":"us","language":"en","title":"Why Palantir Shares Are Trading Higher Today<blockquote>为什么Palantir股价今天走高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1187895428","media":"Benzinga","summary":"Palantir Technologies is trading higher Thursday morning on above-average volume amid increased retail investor interest in the stock on social media.The average session volume is about 42 million over a 100-day period. Palantir's daily trading volume was already approaching 30 million less than an hour into trading Thursday.Palantir was one the top two trending stocks on Stocktwits at publication time. The stock was among the top five most mentioned stocks on the subreddit r/wallstreetbets over","content":"<p><b>Palantir Technologies</b>&nbsp;is trading higher Thursday morning on above-average volume&nbsp;amid increased retail investor interest in the stock on social media.</p><p><blockquote><b>Palantir技术</b>由于社交媒体上散户投资者对该股的兴趣增加，周四上午该股的交易量高于平均水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8ab0249e536a33b1fd6c306c047556b8\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The average session volume is about 42 million&nbsp;over a 100-day period. Palantir's daily trading volume was already approaching 30&nbsp;million less than an hour into trading Thursday.</p><p><blockquote>100天内的平均会话量约为4200万次。周四交易不到一个小时，Palantir的日交易量就已经接近3000万。</blockquote></p><p> Palantir was one the top two trending stocks on Stocktwits at publication time. The stock was among the top five most mentioned stocks on the subreddit r/wallstreetbets over the last 24 hours.</p><p><blockquote>截至发稿时，Palantir是Stocktwits上最受欢迎的两只股票之一。该股是过去24小时内Reddit r/wallstreetbets子版块上提及次数最多的五只股票之一。</blockquote></p><p> Palantir has continually said that it expects&nbsp;revenue growth of 30% or greater&nbsp;through 2025.</p><p><blockquote>Palantir不断表示，预计到2025年收入将增长30%或更多。</blockquote></p><p> The company makes products for human-driven analysis of real-world data.</p><p><blockquote>该公司生产用于人类驱动的现实世界数据分析的产品。</blockquote></p><p> <b>PLTR Price Action:</b>Palantir has traded as high as $45 and as low as $8.90 over a 52-week period.</p><p><blockquote><b>PLTR价格走势：</b>Palantir在52周内的交易价格最高为45美元，最低为8.90美元。</blockquote></p><p> The stock was up 5% at $28.45 at time of publication.</p><p><blockquote>截至发稿时，该股上涨5%，至28.45美元。</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 Palantir Shares Are Trading Higher Today<blockquote>为什么Palantir股价今天走高</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 Palantir Shares Are Trading Higher Today<blockquote>为什么Palantir股价今天走高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-09-16 23:14</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b>Palantir Technologies</b>&nbsp;is trading higher Thursday morning on above-average volume&nbsp;amid increased retail investor interest in the stock on social media.</p><p><blockquote><b>Palantir技术</b>由于社交媒体上散户投资者对该股的兴趣增加，周四上午该股的交易量高于平均水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8ab0249e536a33b1fd6c306c047556b8\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The average session volume is about 42 million&nbsp;over a 100-day period. Palantir's daily trading volume was already approaching 30&nbsp;million less than an hour into trading Thursday.</p><p><blockquote>100天内的平均会话量约为4200万次。周四交易不到一个小时，Palantir的日交易量就已经接近3000万。</blockquote></p><p> Palantir was one the top two trending stocks on Stocktwits at publication time. The stock was among the top five most mentioned stocks on the subreddit r/wallstreetbets over the last 24 hours.</p><p><blockquote>截至发稿时，Palantir是Stocktwits上最受欢迎的两只股票之一。该股是过去24小时内Reddit r/wallstreetbets子版块上提及次数最多的五只股票之一。</blockquote></p><p> Palantir has continually said that it expects&nbsp;revenue growth of 30% or greater&nbsp;through 2025.</p><p><blockquote>Palantir不断表示，预计到2025年收入将增长30%或更多。</blockquote></p><p> The company makes products for human-driven analysis of real-world data.</p><p><blockquote>该公司生产用于人类驱动的现实世界数据分析的产品。</blockquote></p><p> <b>PLTR Price Action:</b>Palantir has traded as high as $45 and as low as $8.90 over a 52-week period.</p><p><blockquote><b>PLTR价格走势：</b>Palantir在52周内的交易价格最高为45美元，最低为8.90美元。</blockquote></p><p> The stock was up 5% at $28.45 at time of publication.</p><p><blockquote>截至发稿时，该股上涨5%，至28.45美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187895428","content_text":"Palantir Technologies is trading higher Thursday morning on above-average volume amid increased retail investor interest in the stock on social media.\n\nThe average session volume is about 42 million over a 100-day period. Palantir's daily trading volume was already approaching 30 million less than an hour into trading Thursday.\nPalantir was one the top two trending stocks on Stocktwits at publication time. The stock was among the top five most mentioned stocks on the subreddit r/wallstreetbets over the last 24 hours.\nPalantir has continually said that it expects revenue growth of 30% or greater through 2025.\nThe company makes products for human-driven analysis of real-world data.\nPLTR Price Action:Palantir has traded as high as $45 and as low as $8.90 over a 52-week period.\nThe stock was up 5% at $28.45 at time of publication.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885093870,"gmtCreate":1631741427790,"gmtModify":1631883826390,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Warren Buffett is one of the Best Investment Guru of our Time.","listText":"Warren Buffett is one of the Best Investment Guru of our Time.","text":"Warren Buffett is one of the Best Investment Guru of our Time.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885093870","repostId":"1118481158","repostType":4,"isVote":1,"tweetType":1,"viewCount":1078,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883129359,"gmtCreate":1631228329671,"gmtModify":1631887209561,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Good Starts to Get Moving UP UP UP !!!","listText":"Good Starts to Get Moving UP UP UP !!!","text":"Good Starts to Get Moving UP UP UP !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/883129359","repostId":"1109747974","repostType":4,"isVote":1,"tweetType":1,"viewCount":922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883162132,"gmtCreate":1631227914226,"gmtModify":1631890066746,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Aggressively Buying up everything. 👍","listText":"Aggressively Buying up everything. 👍","text":"Aggressively Buying up everything. 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/883162132","repostId":"2166348079","repostType":4,"isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818713509,"gmtCreate":1630449448301,"gmtModify":1631890066760,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Is this stock listed in HKE?","listText":"Is this stock listed in HKE?","text":"Is this stock listed in HKE?","images":[{"img":"https://static.tigerbbs.com/ad3e532b6054fcf65511cbbdba33ea05","width":"1125","height":"3589"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/818713509","isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":813456333,"gmtCreate":1630236447522,"gmtModify":1704957336021,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"WoW, getting better &amp; better","listText":"WoW, getting better &amp; better","text":"WoW, getting better & better","images":[{"img":"https://static.tigerbbs.com/d51a612f0d052b98b2b2861f1d265ec7","width":"1125","height":"3508"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813456333","isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":172811275,"gmtCreate":1626950641797,"gmtModify":1631885372339,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Read some bad news about CCIV &amp; Lucid MotorsSPAC Merger. True?","listText":"Read some bad news about CCIV &amp; Lucid MotorsSPAC Merger. True?","text":"Read some bad news about CCIV & Lucid MotorsSPAC Merger. True?","images":[{"img":"https://static.tigerbbs.com/1aac061e1bf1c6c67481c8e44ac0ccf7","width":"1125","height":"3508"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/172811275","isVote":1,"tweetType":1,"viewCount":2210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":801848921,"gmtCreate":1627512237863,"gmtModify":1633764393373,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Is always the same old topics. 🤣🤣🤣","listText":"Is always the same old topics. 🤣🤣🤣","text":"Is always the same old topics. 🤣🤣🤣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/801848921","repostId":"1102922788","repostType":4,"repost":{"id":"1102922788","kind":"news","pubTimestamp":1627479526,"share":"https://www.laohu8.com/m/news/1102922788?lang=zh_CN&edition=full","pubTime":"2021-07-28 21:38","market":"us","language":"en","title":"Fed Meeting Will Focus on Tapering Timeline.<blockquote>美联储会议将重点讨论缩减时间表。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102922788","media":"The Wall Street Journal","summary":"Officials are looking to forge consensus on how and when to eventually reduce their asset purchases\n","content":"<p>Officials are looking to forge consensus on how and when to eventually reduce their asset purchases</p><p><blockquote>官员们正在寻求就如何以及何时最终减少资产购买达成共识</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b506b5e7aef3659e57731a13007a3078\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Fed Chairman Jerome Powell, who spoke at a Senate committee hearing earlier this month, has promised ample notice before reducing purchases of securities.</span></p><p><blockquote><p class=\"t-img-caption\"><span>美联储主席杰罗姆·鲍威尔本月早些时候在参议院委员会听证会上发表讲话，承诺在减少证券购买之前会发出充分的通知。</span></p></blockquote></p><p> Federal Reserve officials are set to resume deliberations Wednesday about how and when to begin&nbsp;paring their asset purchases&nbsp;amid an economic rebound clouded by supply-chain bottlenecks and rising Covid-19 cases.</p><p><blockquote>美联储官员将于周三恢复审议，讨论在供应链瓶颈和Covid-19病例增加的情况下，如何以及何时开始削减资产购买。</blockquote></p><p> The central bank at the end of last year said it would continue to purchase $120 billion in Treasurys and mortgage-backed securities monthly until officials deemed they had achieved “substantial further progress” toward their goals of low unemployment and inflation reaching their 2% goal.</p><p><blockquote>央行去年年底表示，将继续每月购买1200亿美元的美国国债和抵押贷款支持证券，直到官员们认为他们在实现低失业率和通胀率达到2%的目标方面取得了“实质性的进一步进展”。</blockquote></p><p> The Fed will release its policy statement at 2 p.m. EDT. Most of the focus is likely to center on Chairman Jerome Powell’s news conference at 2:30 p.m. Here’s what to watch:</p><p><blockquote>美联储将于美国东部时间下午2点发布政策声明。大部分焦点可能集中在下午2:30主席杰罗姆·鲍威尔(Jerome Powell)的新闻发布会上。以下是值得关注的内容：</blockquote></p><p> <b>Taper timing</b></p><p><blockquote><b>锥度正时</b></blockquote></p><p> Officials are likely to receive a formal staff briefing around when to start paring their monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities, and how quickly to reduce, or taper, them.</p><p><blockquote>官员们可能会收到正式的工作人员简报，内容涉及何时开始削减每月800亿美元国债和400亿美元抵押贷款证券的购买量，以及以多快的速度减少或缩减这些购买量。</blockquote></p><p> The Fed began buying large quantities of the securities in March 2020, when the Covid-19 pandemic triggered a near-meltdown in financial markets. With the Fed’s short-term interest rate at zero, the purchases are designed to provide additional stimulus by holding down long-term interest rates.</p><p><blockquote>美联储于2020年3月开始大量购买这些证券，当时Covid-19大流行引发了金融市场几近崩溃。由于美联储的短期利率为零，购买旨在通过压低长期利率来提供额外的刺激。</blockquote></p><p> Some officials are concerned&nbsp;that a burst of inflation this year from bottlenecks associated with reopening the economy will prove more durable than previously anticipated. These policy makers are eager to start the taper, in part because they and their colleagues have said they aren’t likely to consider raising interest rates from near zero until they are done tapering the asset purchases.</p><p><blockquote>一些官员担心，今年因与重新开放经济相关的瓶颈而引发的通胀爆发将比之前预期的更持久。这些政策制定者渴望开始缩减，部分原因是他们和他们的同事表示，在完成缩减资产购买之前，他们不太可能考虑将利率从接近零的水平上调。</blockquote></p><p> Another camp thinks recent&nbsp;price pressures will subside&nbsp;and could leave the Fed in the same position that it faced for much of the past decade, in which global forces kept inflation below 2% even with historically low interest rates. They are worried that accelerating plans to wind down the asset purchases could raise questions among investors about the Fed’s commitment to achieving its economic goals.</p><p><blockquote>另一个阵营认为，最近的价格压力将会消退，并可能使美联储陷入过去十年大部分时间所面临的境地，即即使利率处于历史低位，全球力量仍将通胀率保持在2%以下。他们担心，加速缩减资产购买计划可能会引发投资者对美联储实现经济目标承诺的质疑。</blockquote></p><p> Because Mr. Powell has pledged&nbsp;to provide ample notice&nbsp;to financial markets before the Fed starts tapering&nbsp;to avoid catching investors by surprise, the central bank looks unlikely to start the process now or at its next meeting in September. Mr. Powell’s press conference will be heavily scrutinized for clues on how officials judge recent economic progress. In April, he said the Fed was “a long way from” its tapering goals, and he characterized the economy as “still a ways off” from them in June.</p><p><blockquote>由于鲍威尔承诺在美联储开始缩减规模之前向金融市场发出充分通知，以避免让投资者措手不及，因此美联储现在或在9月份的下一次会议上似乎不太可能启动这一进程。鲍威尔的新闻发布会将受到严格审查，以寻找有关官员如何判断近期经济进展的线索。4月份，他表示美联储距离缩减目标“还有很长的路要走”，6月份他称经济距离目标“还有很长的路要走”。</blockquote></p><p> <b>Purchase pace</b></p><p><blockquote><b>购买节奏</b></blockquote></p><p> Officials also must consider the pace of any reductions. Some officials have discussed concluding the purchases around October 2022 so they could lift rates soon thereafter if the recovery is stronger or inflation is higher than now anticipated.</p><p><blockquote>官员们还必须考虑任何削减的速度。一些官员已经讨论过在2022年10月左右结束购买，以便如果复苏更强劲或通胀高于目前预期，他们可以在此后很快加息。</blockquote></p><p> During a prior asset-purchase program that ended in 2014, the Fed shrank its purchases in modest, equal amounts over the course of 10 months. It then waited another 14 months before raising interest rates.</p><p><blockquote>在2014年结束的上一次资产购买计划中，美联储在10个月内适度、等量地缩减了购买规模。然后又等了14个月才加息。</blockquote></p><p> Another tactical question centers on whether&nbsp;to reduce the pace of Treasurys and mortgage-backed securities equally. Some officials have raised concerns about rising home prices and are pressing to stop purchases of mortgage bonds sooner.</p><p><blockquote>另一个战术问题集中在是否同样降低美国国债和抵押贷款支持证券的发行速度。一些官员对房价上涨表示担忧，并敦促尽快停止购买抵押贷款债券。</blockquote></p><p> But Mr. Powell and other officials have poured cold water on those concerns in recent weeks. They have said mortgage buying, by purchasing longer-dated assets, provides a way to more broadly stimulate the economy and isn’t focused squarely on housing markets.</p><p><blockquote>但鲍威尔和其他官员最近几周对这些担忧泼了冷水。他们表示，通过购买长期资产，抵押贷款购买提供了一种更广泛地刺激经济的方式，并且并不直接关注房地产市场。</blockquote></p><p> “If the housing market has you really worried, that’s an argument for just tapering everything sooner and faster,” said William English, a former senior Fed economist who is now a professor at the Yale School of Management.</p><p><blockquote>前美联储高级经济学家、现任耶鲁大学管理学院教授威廉·英格利希(William English)表示：“如果房地产市场真的让你担心，那么这就是越来越快地缩减一切的理由。”</blockquote></p><p> <b>Inflation outlook</b></p><p><blockquote><b>通胀前景</b></blockquote></p><p> For a third straight month in June,inflation ran hotter&nbsp;than many economists had expected. The Labor Department’s consumer-price index increased 5.4% from a year ago, the highest 12-month rate since August 2008.</p><p><blockquote>6月份通胀连续第三个月高于许多经济学家的预期。美国劳工部的消费者价格指数同比上涨5.4%，为2008年8月以来的12个月最高水平。</blockquote></p><p> Mr. Powell said two weeks ago that&nbsp;many of the elevated price pressures&nbsp;can still be traced to goods and services affected by supply-chain bottlenecks and other pandemic-driven upheaval. As a result, he said it would be too soon for the Fed to abandon its earlier expectation that prices will return to their 2% target on their own and to raise rates to cool down demand and reduce inflation faster.</p><p><blockquote>鲍威尔两周前表示，许多价格上涨压力仍然可以追溯到受供应链瓶颈和其他大流行引发的动荡影响的商品和服务。因此，他表示，美联储放弃早先的预期，即物价将自行回到2%的目标，并加息以更快地冷却需求和降低通胀，还为时过早。</blockquote></p><p></p><p> But Mr. Powell could face questions over how long the central bank and its 12-member rate-setting committee feels it would take to revisit their projections. Price pressures in some sectors of the economy where inflation had been subdued over the past year, including residential rents, have picked in recent months.</p><p><blockquote>但鲍威尔可能会面临以下问题：央行及其由12名成员组成的利率制定委员会认为需要多长时间才能重新审视他们的预测。过去一年通胀较低的一些经济领域（包括住宅租金）的价格压力在近几个月有所加剧。</blockquote></p><p> <b>Delta variant</b></p><p><blockquote><b>德尔塔变异毒株</b></blockquote></p><p> Mr. Powell is also likely to be pressed on how the recent increase in Covid-19 cases among unvaccinated populations could reshape the central bank’s growth forecasts for the rest of the year. While a return to shutdowns and other state-mandated restrictions on activity seem less likely than a year ago, increased hesitancy on the part of consumers to return to normal spending routines could complicate the economic outlook.</p><p><blockquote>鲍威尔还可能面临压力，询问最近未接种疫苗人群中Covid-19病例的增加可能如何重塑央行今年剩余时间的增长预测。虽然与一年前相比，恢复停工和其他国家强制的活动限制似乎不太可能，但消费者对恢复正常支出的犹豫可能会使经济前景复杂化。</blockquote></p><p> Since Fed officials last met in June, government-bond prices have jumped, a sign that investors are less confident about long-term growth prospects and less worried about inflation.</p><p><blockquote>自美联储官员6月上次开会以来，政府债券价格大幅上涨，这表明投资者对长期增长前景的信心减弱，对通胀的担忧也减弱。</blockquote></p><p> Yields, which rise when bond prices fall, climbed sharply earlier in the year, lifted by expectations that vaccinations and fiscal stimulus would spur an economic boom. After hitting a 13-month high of 1.75% at the end of March, the 10-year Treasury yield has declined—to 1.57% on June 16, after the Fed concluded its previous meeting, and to 1.24%, a five-month low, when the Fed’s meeting began on Tuesday.</p><p><blockquote>受疫苗接种和财政刺激措施将刺激经济繁荣的预期提振，收益率在债券价格下跌时上升，今年早些时候大幅攀升。在3月底触及1.75%的13个月高点后，10年期国债收益率已下降——美联储结束上次会议后的6月16日跌至1.57%，并跌至五个月低点1.24%，周二美联储会议开始时。</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>Fed Meeting Will Focus on Tapering Timeline.<blockquote>美联储会议将重点讨论缩减时间表。</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; 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}\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\">\nFed Meeting Will Focus on Tapering Timeline.<blockquote>美联储会议将重点讨论缩减时间表。</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\">2021-07-28 21:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Officials are looking to forge consensus on how and when to eventually reduce their asset purchases</p><p><blockquote>官员们正在寻求就如何以及何时最终减少资产购买达成共识</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b506b5e7aef3659e57731a13007a3078\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Fed Chairman Jerome Powell, who spoke at a Senate committee hearing earlier this month, has promised ample notice before reducing purchases of securities.</span></p><p><blockquote><p class=\"t-img-caption\"><span>美联储主席杰罗姆·鲍威尔本月早些时候在参议院委员会听证会上发表讲话，承诺在减少证券购买之前会发出充分的通知。</span></p></blockquote></p><p> Federal Reserve officials are set to resume deliberations Wednesday about how and when to begin&nbsp;paring their asset purchases&nbsp;amid an economic rebound clouded by supply-chain bottlenecks and rising Covid-19 cases.</p><p><blockquote>美联储官员将于周三恢复审议，讨论在供应链瓶颈和Covid-19病例增加的情况下，如何以及何时开始削减资产购买。</blockquote></p><p> The central bank at the end of last year said it would continue to purchase $120 billion in Treasurys and mortgage-backed securities monthly until officials deemed they had achieved “substantial further progress” toward their goals of low unemployment and inflation reaching their 2% goal.</p><p><blockquote>央行去年年底表示，将继续每月购买1200亿美元的美国国债和抵押贷款支持证券，直到官员们认为他们在实现低失业率和通胀率达到2%的目标方面取得了“实质性的进一步进展”。</blockquote></p><p> The Fed will release its policy statement at 2 p.m. EDT. Most of the focus is likely to center on Chairman Jerome Powell’s news conference at 2:30 p.m. Here’s what to watch:</p><p><blockquote>美联储将于美国东部时间下午2点发布政策声明。大部分焦点可能集中在下午2:30主席杰罗姆·鲍威尔(Jerome Powell)的新闻发布会上。以下是值得关注的内容：</blockquote></p><p> <b>Taper timing</b></p><p><blockquote><b>锥度正时</b></blockquote></p><p> Officials are likely to receive a formal staff briefing around when to start paring their monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities, and how quickly to reduce, or taper, them.</p><p><blockquote>官员们可能会收到正式的工作人员简报，内容涉及何时开始削减每月800亿美元国债和400亿美元抵押贷款证券的购买量，以及以多快的速度减少或缩减这些购买量。</blockquote></p><p> The Fed began buying large quantities of the securities in March 2020, when the Covid-19 pandemic triggered a near-meltdown in financial markets. With the Fed’s short-term interest rate at zero, the purchases are designed to provide additional stimulus by holding down long-term interest rates.</p><p><blockquote>美联储于2020年3月开始大量购买这些证券，当时Covid-19大流行引发了金融市场几近崩溃。由于美联储的短期利率为零，购买旨在通过压低长期利率来提供额外的刺激。</blockquote></p><p> Some officials are concerned&nbsp;that a burst of inflation this year from bottlenecks associated with reopening the economy will prove more durable than previously anticipated. These policy makers are eager to start the taper, in part because they and their colleagues have said they aren’t likely to consider raising interest rates from near zero until they are done tapering the asset purchases.</p><p><blockquote>一些官员担心，今年因与重新开放经济相关的瓶颈而引发的通胀爆发将比之前预期的更持久。这些政策制定者渴望开始缩减，部分原因是他们和他们的同事表示，在完成缩减资产购买之前，他们不太可能考虑将利率从接近零的水平上调。</blockquote></p><p> Another camp thinks recent&nbsp;price pressures will subside&nbsp;and could leave the Fed in the same position that it faced for much of the past decade, in which global forces kept inflation below 2% even with historically low interest rates. They are worried that accelerating plans to wind down the asset purchases could raise questions among investors about the Fed’s commitment to achieving its economic goals.</p><p><blockquote>另一个阵营认为，最近的价格压力将会消退，并可能使美联储陷入过去十年大部分时间所面临的境地，即即使利率处于历史低位，全球力量仍将通胀率保持在2%以下。他们担心，加速缩减资产购买计划可能会引发投资者对美联储实现经济目标承诺的质疑。</blockquote></p><p> Because Mr. Powell has pledged&nbsp;to provide ample notice&nbsp;to financial markets before the Fed starts tapering&nbsp;to avoid catching investors by surprise, the central bank looks unlikely to start the process now or at its next meeting in September. Mr. Powell’s press conference will be heavily scrutinized for clues on how officials judge recent economic progress. In April, he said the Fed was “a long way from” its tapering goals, and he characterized the economy as “still a ways off” from them in June.</p><p><blockquote>由于鲍威尔承诺在美联储开始缩减规模之前向金融市场发出充分通知，以避免让投资者措手不及，因此美联储现在或在9月份的下一次会议上似乎不太可能启动这一进程。鲍威尔的新闻发布会将受到严格审查，以寻找有关官员如何判断近期经济进展的线索。4月份，他表示美联储距离缩减目标“还有很长的路要走”，6月份他称经济距离目标“还有很长的路要走”。</blockquote></p><p> <b>Purchase pace</b></p><p><blockquote><b>购买节奏</b></blockquote></p><p> Officials also must consider the pace of any reductions. Some officials have discussed concluding the purchases around October 2022 so they could lift rates soon thereafter if the recovery is stronger or inflation is higher than now anticipated.</p><p><blockquote>官员们还必须考虑任何削减的速度。一些官员已经讨论过在2022年10月左右结束购买，以便如果复苏更强劲或通胀高于目前预期，他们可以在此后很快加息。</blockquote></p><p> During a prior asset-purchase program that ended in 2014, the Fed shrank its purchases in modest, equal amounts over the course of 10 months. It then waited another 14 months before raising interest rates.</p><p><blockquote>在2014年结束的上一次资产购买计划中，美联储在10个月内适度、等量地缩减了购买规模。然后又等了14个月才加息。</blockquote></p><p> Another tactical question centers on whether&nbsp;to reduce the pace of Treasurys and mortgage-backed securities equally. Some officials have raised concerns about rising home prices and are pressing to stop purchases of mortgage bonds sooner.</p><p><blockquote>另一个战术问题集中在是否同样降低美国国债和抵押贷款支持证券的发行速度。一些官员对房价上涨表示担忧，并敦促尽快停止购买抵押贷款债券。</blockquote></p><p> But Mr. Powell and other officials have poured cold water on those concerns in recent weeks. They have said mortgage buying, by purchasing longer-dated assets, provides a way to more broadly stimulate the economy and isn’t focused squarely on housing markets.</p><p><blockquote>但鲍威尔和其他官员最近几周对这些担忧泼了冷水。他们表示，通过购买长期资产，抵押贷款购买提供了一种更广泛地刺激经济的方式，并且并不直接关注房地产市场。</blockquote></p><p> “If the housing market has you really worried, that’s an argument for just tapering everything sooner and faster,” said William English, a former senior Fed economist who is now a professor at the Yale School of Management.</p><p><blockquote>前美联储高级经济学家、现任耶鲁大学管理学院教授威廉·英格利希(William English)表示：“如果房地产市场真的让你担心，那么这就是越来越快地缩减一切的理由。”</blockquote></p><p> <b>Inflation outlook</b></p><p><blockquote><b>通胀前景</b></blockquote></p><p> For a third straight month in June,inflation ran hotter&nbsp;than many economists had expected. The Labor Department’s consumer-price index increased 5.4% from a year ago, the highest 12-month rate since August 2008.</p><p><blockquote>6月份通胀连续第三个月高于许多经济学家的预期。美国劳工部的消费者价格指数同比上涨5.4%，为2008年8月以来的12个月最高水平。</blockquote></p><p> Mr. Powell said two weeks ago that&nbsp;many of the elevated price pressures&nbsp;can still be traced to goods and services affected by supply-chain bottlenecks and other pandemic-driven upheaval. As a result, he said it would be too soon for the Fed to abandon its earlier expectation that prices will return to their 2% target on their own and to raise rates to cool down demand and reduce inflation faster.</p><p><blockquote>鲍威尔两周前表示，许多价格上涨压力仍然可以追溯到受供应链瓶颈和其他大流行引发的动荡影响的商品和服务。因此，他表示，美联储放弃早先的预期，即物价将自行回到2%的目标，并加息以更快地冷却需求和降低通胀，还为时过早。</blockquote></p><p></p><p> But Mr. Powell could face questions over how long the central bank and its 12-member rate-setting committee feels it would take to revisit their projections. Price pressures in some sectors of the economy where inflation had been subdued over the past year, including residential rents, have picked in recent months.</p><p><blockquote>但鲍威尔可能会面临以下问题：央行及其由12名成员组成的利率制定委员会认为需要多长时间才能重新审视他们的预测。过去一年通胀较低的一些经济领域（包括住宅租金）的价格压力在近几个月有所加剧。</blockquote></p><p> <b>Delta variant</b></p><p><blockquote><b>德尔塔变异毒株</b></blockquote></p><p> Mr. Powell is also likely to be pressed on how the recent increase in Covid-19 cases among unvaccinated populations could reshape the central bank’s growth forecasts for the rest of the year. While a return to shutdowns and other state-mandated restrictions on activity seem less likely than a year ago, increased hesitancy on the part of consumers to return to normal spending routines could complicate the economic outlook.</p><p><blockquote>鲍威尔还可能面临压力，询问最近未接种疫苗人群中Covid-19病例的增加可能如何重塑央行今年剩余时间的增长预测。虽然与一年前相比，恢复停工和其他国家强制的活动限制似乎不太可能，但消费者对恢复正常支出的犹豫可能会使经济前景复杂化。</blockquote></p><p> Since Fed officials last met in June, government-bond prices have jumped, a sign that investors are less confident about long-term growth prospects and less worried about inflation.</p><p><blockquote>自美联储官员6月上次开会以来，政府债券价格大幅上涨，这表明投资者对长期增长前景的信心减弱，对通胀的担忧也减弱。</blockquote></p><p> Yields, which rise when bond prices fall, climbed sharply earlier in the year, lifted by expectations that vaccinations and fiscal stimulus would spur an economic boom. After hitting a 13-month high of 1.75% at the end of March, the 10-year Treasury yield has declined—to 1.57% on June 16, after the Fed concluded its previous meeting, and to 1.24%, a five-month low, when the Fed’s meeting began on Tuesday.</p><p><blockquote>受疫苗接种和财政刺激措施将刺激经济繁荣的预期提振，收益率在债券价格下跌时上升，今年早些时候大幅攀升。在3月底触及1.75%的13个月高点后，10年期国债收益率已下降——美联储结束上次会议后的6月16日跌至1.57%，并跌至五个月低点1.24%，周二美联储会议开始时。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/fed-meeting-will-focus-on-tapering-timeline-11627464602?mod=hp_lead_pos2\">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",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.wsj.com/articles/fed-meeting-will-focus-on-tapering-timeline-11627464602?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102922788","content_text":"Officials are looking to forge consensus on how and when to eventually reduce their asset purchases\nFed Chairman Jerome Powell, who spoke at a Senate committee hearing earlier this month, has promised ample notice before reducing purchases of securities.\nFederal Reserve officials are set to resume deliberations Wednesday about how and when to begin paring their asset purchases amid an economic rebound clouded by supply-chain bottlenecks and rising Covid-19 cases.\nThe central bank at the end of last year said it would continue to purchase $120 billion in Treasurys and mortgage-backed securities monthly until officials deemed they had achieved “substantial further progress” toward their goals of low unemployment and inflation reaching their 2% goal.\nThe Fed will release its policy statement at 2 p.m. EDT. Most of the focus is likely to center on Chairman Jerome Powell’s news conference at 2:30 p.m. Here’s what to watch:\nTaper timing\nOfficials are likely to receive a formal staff briefing around when to start paring their monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities, and how quickly to reduce, or taper, them.\nThe Fed began buying large quantities of the securities in March 2020, when the Covid-19 pandemic triggered a near-meltdown in financial markets. With the Fed’s short-term interest rate at zero, the purchases are designed to provide additional stimulus by holding down long-term interest rates.\nSome officials are concerned that a burst of inflation this year from bottlenecks associated with reopening the economy will prove more durable than previously anticipated. These policy makers are eager to start the taper, in part because they and their colleagues have said they aren’t likely to consider raising interest rates from near zero until they are done tapering the asset purchases.\nAnother camp thinks recent price pressures will subside and could leave the Fed in the same position that it faced for much of the past decade, in which global forces kept inflation below 2% even with historically low interest rates. They are worried that accelerating plans to wind down the asset purchases could raise questions among investors about the Fed’s commitment to achieving its economic goals.\nBecause Mr. Powell has pledged to provide ample notice to financial markets before the Fed starts tapering to avoid catching investors by surprise, the central bank looks unlikely to start the process now or at its next meeting in September. Mr. Powell’s press conference will be heavily scrutinized for clues on how officials judge recent economic progress. In April, he said the Fed was “a long way from” its tapering goals, and he characterized the economy as “still a ways off” from them in June.\nPurchase pace\nOfficials also must consider the pace of any reductions. Some officials have discussed concluding the purchases around October 2022 so they could lift rates soon thereafter if the recovery is stronger or inflation is higher than now anticipated.\nDuring a prior asset-purchase program that ended in 2014, the Fed shrank its purchases in modest, equal amounts over the course of 10 months. It then waited another 14 months before raising interest rates.\nAnother tactical question centers on whether to reduce the pace of Treasurys and mortgage-backed securities equally. Some officials have raised concerns about rising home prices and are pressing to stop purchases of mortgage bonds sooner.\nBut Mr. Powell and other officials have poured cold water on those concerns in recent weeks. They have said mortgage buying, by purchasing longer-dated assets, provides a way to more broadly stimulate the economy and isn’t focused squarely on housing markets.\n“If the housing market has you really worried, that’s an argument for just tapering everything sooner and faster,” said William English, a former senior Fed economist who is now a professor at the Yale School of Management.\nInflation outlook\nFor a third straight month in June,inflation ran hotter than many economists had expected. The Labor Department’s consumer-price index increased 5.4% from a year ago, the highest 12-month rate since August 2008.\nMr. Powell said two weeks ago that many of the elevated price pressures can still be traced to goods and services affected by supply-chain bottlenecks and other pandemic-driven upheaval. As a result, he said it would be too soon for the Fed to abandon its earlier expectation that prices will return to their 2% target on their own and to raise rates to cool down demand and reduce inflation faster.\nBut Mr. Powell could face questions over how long the central bank and its 12-member rate-setting committee feels it would take to revisit their projections. Price pressures in some sectors of the economy where inflation had been subdued over the past year, including residential rents, have picked in recent months.\nDelta variant\nMr. Powell is also likely to be pressed on how the recent increase in Covid-19 cases among unvaccinated populations could reshape the central bank’s growth forecasts for the rest of the year. While a return to shutdowns and other state-mandated restrictions on activity seem less likely than a year ago, increased hesitancy on the part of consumers to return to normal spending routines could complicate the economic outlook.\nSince Fed officials last met in June, government-bond prices have jumped, a sign that investors are less confident about long-term growth prospects and less worried about inflation.\nYields, which rise when bond prices fall, climbed sharply earlier in the year, lifted by expectations that vaccinations and fiscal stimulus would spur an economic boom. After hitting a 13-month high of 1.75% at the end of March, the 10-year Treasury yield has declined—to 1.57% on June 16, after the Fed concluded its previous meeting, and to 1.24%, a five-month low, when the Fed’s meeting began on Tuesday.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171605532,"gmtCreate":1626740306826,"gmtModify":1633924555012,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Seemed like no end is closer, as the delta variants spark further globally&nbsp;except&nbsp;China. The West needs to learn alot from the East on Covid-19 management &amp;&nbsp;control. How can US overcome the political divide and ensure all folks (minimum 75%) get vaccinated, instead of Red versus Blue States. This will&nbsp;ultimately ensure market stability.&nbsp;","listText":"Seemed like no end is closer, as the delta variants spark further globally&nbsp;except&nbsp;China. The West needs to learn alot from the East on Covid-19 management &amp;&nbsp;control. How can US overcome the political divide and ensure all folks (minimum 75%) get vaccinated, instead of Red versus Blue States. This will&nbsp;ultimately ensure market stability.&nbsp;","text":"Seemed like no end is closer, as the delta variants spark further globally except China. The West needs to learn alot from the East on Covid-19 management & control. How can US overcome the political divide and ensure all folks (minimum 75%) get vaccinated, instead of Red versus Blue States. This will ultimately ensure market stability.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/171605532","repostId":"2152652683","repostType":4,"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805341204,"gmtCreate":1627862913708,"gmtModify":1633755908440,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Hopefully will go go go….","listText":"Hopefully will go go go….","text":"Hopefully will go go go….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805341204","repostId":"1154563656","repostType":4,"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806412305,"gmtCreate":1627688563907,"gmtModify":1633757186231,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Will NIO be like TSLA, I think, YES, but,&nbsp;maybe 3 to 5 years’ time","listText":"Will NIO be like TSLA, I think, YES, but,&nbsp;maybe 3 to 5 years’ time","text":"Will NIO be like TSLA, I think, YES, but, maybe 3 to 5 years’ time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/806412305","repostId":"1166392380","repostType":4,"isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860105953,"gmtCreate":1632143334172,"gmtModify":1632802573876,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Nothing new!!!&nbsp;Investors&nbsp;like us are reading &amp; digesting these&nbsp;news daily. Today up Tomorrow down, etc, etc. There are plenty of good&nbsp;news that will&nbsp;spur the mkt upwards. There are plenty of bad news that will bring down the mkt. Sometimes good&nbsp;news, stock still fall. Sometimes bad news, stock still move upwards. Listen to&nbsp;yourself. Investcautiously&nbsp;with enough cash to cushion the bad days, bad months, etc.. Don’t panic to sell a good stock pick. Follow the Principle of Investment.&nbsp;My 2cents worth of advice.","listText":"Nothing new!!!&nbsp;Investors&nbsp;like us are reading &amp; digesting these&nbsp;news daily. Today up Tomorrow down, etc, etc. There are plenty of good&nbsp;news that will&nbsp;spur the mkt upwards. There are plenty of bad news that will bring down the mkt. Sometimes good&nbsp;news, stock still fall. Sometimes bad news, stock still move upwards. Listen to&nbsp;yourself. Investcautiously&nbsp;with enough cash to cushion the bad days, bad months, etc.. Don’t panic to sell a good stock pick. Follow the Principle of Investment.&nbsp;My 2cents worth of advice.","text":"Nothing new!!! Investors like us are reading & digesting these news daily. Today up Tomorrow down, etc, etc. There are plenty of good news that will spur the mkt upwards. There are plenty of bad news that will bring down the mkt. Sometimes good news, stock still fall. Sometimes bad news, stock still move upwards. Listen to yourself. Investcautiously with enough cash to cushion the bad days, bad months, etc.. Don’t panic to sell a good stock pick. Follow the Principle of Investment. My 2cents worth of advice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/860105953","repostId":"1130418583","repostType":4,"isVote":1,"tweetType":1,"viewCount":783,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172166820,"gmtCreate":1626944861660,"gmtModify":1631885864982,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Intel is still a great company….","listText":"Intel is still a great company….","text":"Intel is still a great company….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172166820","repostId":"1186011456","repostType":4,"repost":{"id":"1186011456","kind":"news","pubTimestamp":1626915117,"share":"https://www.laohu8.com/m/news/1186011456?lang=zh_CN&edition=full","pubTime":"2021-07-22 08:51","market":"us","language":"en","title":"Intel Reports Earnings Thursday. Here’s What to Expect.<blockquote>英特尔周四公布财报。这是可以期待的。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1186011456","media":"Barrons","summary":"When Intel reports earnings Thursday after the closing bell, it’s going to have to put in some work to convince investors the past three months have gone well.Expectations for chip companies are already high heading into the June quarter, as investors are looking for a batch of earnings that beat estimates and bullish guidance, according to tech strategist Ted Mortonson. However, shares of Intel  13% during the second quarter as the benchmark PHLX Semiconductor index, or Sox, gained 1.7% But so ","content":"<p>When Intel reports earnings Thursday after the closing bell, it’s going to have to put in some work to convince investors the past three months have gone well.</p><p><blockquote>当英特尔周四收盘后公布财报时，它必须做一些工作来让投资者相信过去三个月进展顺利。</blockquote></p><p> Expectations for chip companies are already high heading into the June quarter, as investors are looking for a batch of earnings that beat estimates and bullish guidance, according to tech strategist Ted Mortonson. However, shares of Intel (ticker: INTC) 13% during the second quarter as the benchmark PHLX Semiconductor index, or Sox, gained 1.7% But so long as nothing like last year’s delay of its advanced manufacturing process happens, Intel can likely continue to ride the big demand around the world for chips through the end of the year.</p><p><blockquote>科技策略师特德·莫顿森(Ted Mortonson)表示，进入第二季度，人们对芯片公司的预期已经很高，因为投资者正在寻找一批超出预期的收益和看涨指引。然而，英特尔（股票代码：INTC）的股价在第二季度上涨了13%，基准PHLX半导体指数（Sox）上涨了1.7%，但只要不发生像去年先进制造工艺延迟那样的情况，英特尔就可能继续在年底前满足全球对芯片的巨大需求。</blockquote></p><p> Newly installed chief executive Pat Gelsinger has already started to make big changes during the second quarter, doubling down on the company’s manufacturing business for its own chips while at the same time expanding its scope by starting a contract manufacturing unit called Intel Foundry Services. He also instituted major personnel changes and restructured parts of the company’s operations.</p><p><blockquote>新任首席执行官帕特·基辛格(Pat Gelsinger)已经开始在第二季度做出重大改变，加倍加大公司自有芯片制造业务的力度，同时通过成立名为英特尔代工服务(Intel Foundry Services)的合同制造部门来扩大其范围。他还进行了重大人事变动并重组了公司的部分业务。</blockquote></p><p> Investors should parse Intel’s Thursday conference call with executives for clues about the company’s forthcoming strategy, including confirmation or details on the company’s talks for a $30 billion bid for U.S.-based semiconductor manufacturing company GlobalFoundries, which The Wall Street Journal reported last Thursday.</p><p><blockquote>投资者应该分析英特尔周四与高管举行的电话会议，以寻找有关该公司即将推出的战略的线索，包括该公司以300亿美元收购美国半导体制造公司GlobalFoundries的谈判的确认或细节，《华尔街日报》上周四报道了这一消息。</blockquote></p><p> GlobalFoundries CEOTom Caulfieldappeared to curb expectations that a deal was in the works in an interview with Bloomberg Television late Monday. The Journal reported last Thursday that Global Foundries executives weren’t involved in the talks; the talks were between Intel and the Abu Dhabi government’s Mubadala Investment vehicle that owns GlobalFoundries. A person familiar with how Mubadala operates told Barron’‘s that keeping GlobalFoundries unaware of a potential deal with Intel would be typical of its behavior.</p><p><blockquote>周一晚间，格芯首席执行官汤姆·考尔菲尔德(Tom Caulfield)在接受彭博电视台采访时似乎抑制了人们对交易正在进行中的预期。《华尔街日报》上周四报道称，Global Foundries高管没有参与谈判；谈判是在英特尔和拥有GlobalFoundries的阿布扎比政府穆巴达拉投资工具之间进行的。一位熟悉穆巴达拉运作方式的人士告诉《巴伦周刊》，让格芯不知道与英特尔的潜在交易将是其典型行为。</blockquote></p><p> Overall, the consensus forecast for second-quarter adjusted earnings is $1.07 a share on revenue of $17.8 billion. Intel sold its memory business last year, which the company and investors often exclude from its revenue.</p><p><blockquote>总体而言，第二季度调整后收益的普遍预测为每股1.07美元，营收为178亿美元。英特尔去年出售了内存业务，该公司和投资者经常将其排除在收入之外。</blockquote></p><p> For the second quarter, investors will be closely watching Intel’s data center business. At the moment, the consensus forecast for Intel’s second-quarter data-center revenue is a decrease of 17% to $5.9 billion, compared with the year-ago period. Still, it’s expected to rise sequentially, from revenue of $5.6 billion in the first quarter.</p><p><blockquote>第二季度，投资者将密切关注英特尔的数据中心业务。目前，市场普遍预测英特尔第二季度数据中心收入将比去年同期下降17%，至59亿美元。尽管如此，预计第一季度营收为56亿美元，环比仍将增长。</blockquote></p><p> Evercore analyst C.J. Muse wrote in a client note that data-center spending recovery, combined with growth in artificial intelligence and machine learning computing–tasks which are typically performed in data centers–could help boost Intel’s revenue for the segment above his outlook.</p><p><blockquote>Evercore分析师C.J.Muse在一份客户报告中写道，数据中心支出的复苏，加上人工智能和机器学习计算（通常在数据中心执行的任务）的增长，可能有助于将英特尔该领域的收入提高到高于他的预期。</blockquote></p><p> Though there are reports that the pandemic-spurred boom of personal computer sales has started to slow, Susquehanna Financial Group analystChristopher Rollandpredicted that Intel will likely achieve its guidance or perform slightly better based on his checks. At the moment, the consensus estimate for Intel’s PC segment is for second-quarter revenue growth of 4.9% to just under $10 billion.</p><p><blockquote>尽管有报道称，大流行刺激的个人电脑销售热潮已开始放缓，但萨斯奎哈纳金融集团分析师克里斯托弗·罗兰预测，根据他的检查，英特尔可能会实现其指导或表现略好。目前，英特尔PC部门的普遍预期是第二季度收入增长4.9%，略低于100亿美元。</blockquote></p><p> Rolland also said that his team has uncovered modest supply constraints for PCs built around chips made by Intel rival Advanced Micro Devices (AMD). If that turns out to be true, it would benefit Intel’s second-quarter PC sales, Rolland said. AMD declined to comment, citing its quiet period ahead of earnings.</p><p><blockquote>魅兰还表示，他的团队发现，围绕英特尔竞争对手超微半导体（AMD）制造的芯片制造的个人电脑存在适度的供应限制。罗兰说，如果事实证明这是真的，这将有利于英特尔第二季度的个人电脑销售。AMD拒绝置评，理由是财报发布前的平静期。</blockquote></p><p> Of the analysts who cover Intel, 18 rate shares Buy, 16 have a Hold rating, and 10 rate it Sell. The average target price is $66.79, which implies a return of 21% from a recent price of $55.</p><p><blockquote>在研究英特尔的分析师中，18名分析师给予买入评级，16名分析师给予持有评级，10名分析师给予卖出评级。平均目标价为66.79美元，这意味着较近期55美元的价格有21%的回报。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Reports Earnings Thursday. Here’s What to Expect.<blockquote>英特尔周四公布财报。这是可以期待的。</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\">\nIntel Reports Earnings Thursday. Here’s What to Expect.<blockquote>英特尔周四公布财报。这是可以期待的。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-22 08:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>When Intel reports earnings Thursday after the closing bell, it’s going to have to put in some work to convince investors the past three months have gone well.</p><p><blockquote>当英特尔周四收盘后公布财报时，它必须做一些工作来让投资者相信过去三个月进展顺利。</blockquote></p><p> Expectations for chip companies are already high heading into the June quarter, as investors are looking for a batch of earnings that beat estimates and bullish guidance, according to tech strategist Ted Mortonson. However, shares of Intel (ticker: INTC) 13% during the second quarter as the benchmark PHLX Semiconductor index, or Sox, gained 1.7% But so long as nothing like last year’s delay of its advanced manufacturing process happens, Intel can likely continue to ride the big demand around the world for chips through the end of the year.</p><p><blockquote>科技策略师特德·莫顿森(Ted Mortonson)表示，进入第二季度，人们对芯片公司的预期已经很高，因为投资者正在寻找一批超出预期的收益和看涨指引。然而，英特尔（股票代码：INTC）的股价在第二季度上涨了13%，基准PHLX半导体指数（Sox）上涨了1.7%，但只要不发生像去年先进制造工艺延迟那样的情况，英特尔就可能继续在年底前满足全球对芯片的巨大需求。</blockquote></p><p> Newly installed chief executive Pat Gelsinger has already started to make big changes during the second quarter, doubling down on the company’s manufacturing business for its own chips while at the same time expanding its scope by starting a contract manufacturing unit called Intel Foundry Services. He also instituted major personnel changes and restructured parts of the company’s operations.</p><p><blockquote>新任首席执行官帕特·基辛格(Pat Gelsinger)已经开始在第二季度做出重大改变，加倍加大公司自有芯片制造业务的力度，同时通过成立名为英特尔代工服务(Intel Foundry Services)的合同制造部门来扩大其范围。他还进行了重大人事变动并重组了公司的部分业务。</blockquote></p><p> Investors should parse Intel’s Thursday conference call with executives for clues about the company’s forthcoming strategy, including confirmation or details on the company’s talks for a $30 billion bid for U.S.-based semiconductor manufacturing company GlobalFoundries, which The Wall Street Journal reported last Thursday.</p><p><blockquote>投资者应该分析英特尔周四与高管举行的电话会议，以寻找有关该公司即将推出的战略的线索，包括该公司以300亿美元收购美国半导体制造公司GlobalFoundries的谈判的确认或细节，《华尔街日报》上周四报道了这一消息。</blockquote></p><p> GlobalFoundries CEOTom Caulfieldappeared to curb expectations that a deal was in the works in an interview with Bloomberg Television late Monday. The Journal reported last Thursday that Global Foundries executives weren’t involved in the talks; the talks were between Intel and the Abu Dhabi government’s Mubadala Investment vehicle that owns GlobalFoundries. A person familiar with how Mubadala operates told Barron’‘s that keeping GlobalFoundries unaware of a potential deal with Intel would be typical of its behavior.</p><p><blockquote>周一晚间，格芯首席执行官汤姆·考尔菲尔德(Tom Caulfield)在接受彭博电视台采访时似乎抑制了人们对交易正在进行中的预期。《华尔街日报》上周四报道称，Global Foundries高管没有参与谈判；谈判是在英特尔和拥有GlobalFoundries的阿布扎比政府穆巴达拉投资工具之间进行的。一位熟悉穆巴达拉运作方式的人士告诉《巴伦周刊》，让格芯不知道与英特尔的潜在交易将是其典型行为。</blockquote></p><p> Overall, the consensus forecast for second-quarter adjusted earnings is $1.07 a share on revenue of $17.8 billion. Intel sold its memory business last year, which the company and investors often exclude from its revenue.</p><p><blockquote>总体而言，第二季度调整后收益的普遍预测为每股1.07美元，营收为178亿美元。英特尔去年出售了内存业务，该公司和投资者经常将其排除在收入之外。</blockquote></p><p> For the second quarter, investors will be closely watching Intel’s data center business. At the moment, the consensus forecast for Intel’s second-quarter data-center revenue is a decrease of 17% to $5.9 billion, compared with the year-ago period. Still, it’s expected to rise sequentially, from revenue of $5.6 billion in the first quarter.</p><p><blockquote>第二季度，投资者将密切关注英特尔的数据中心业务。目前，市场普遍预测英特尔第二季度数据中心收入将比去年同期下降17%，至59亿美元。尽管如此，预计第一季度营收为56亿美元，环比仍将增长。</blockquote></p><p> Evercore analyst C.J. Muse wrote in a client note that data-center spending recovery, combined with growth in artificial intelligence and machine learning computing–tasks which are typically performed in data centers–could help boost Intel’s revenue for the segment above his outlook.</p><p><blockquote>Evercore分析师C.J.Muse在一份客户报告中写道，数据中心支出的复苏，加上人工智能和机器学习计算（通常在数据中心执行的任务）的增长，可能有助于将英特尔该领域的收入提高到高于他的预期。</blockquote></p><p> Though there are reports that the pandemic-spurred boom of personal computer sales has started to slow, Susquehanna Financial Group analystChristopher Rollandpredicted that Intel will likely achieve its guidance or perform slightly better based on his checks. At the moment, the consensus estimate for Intel’s PC segment is for second-quarter revenue growth of 4.9% to just under $10 billion.</p><p><blockquote>尽管有报道称，大流行刺激的个人电脑销售热潮已开始放缓，但萨斯奎哈纳金融集团分析师克里斯托弗·罗兰预测，根据他的检查，英特尔可能会实现其指导或表现略好。目前，英特尔PC部门的普遍预期是第二季度收入增长4.9%，略低于100亿美元。</blockquote></p><p> Rolland also said that his team has uncovered modest supply constraints for PCs built around chips made by Intel rival Advanced Micro Devices (AMD). If that turns out to be true, it would benefit Intel’s second-quarter PC sales, Rolland said. AMD declined to comment, citing its quiet period ahead of earnings.</p><p><blockquote>魅兰还表示，他的团队发现，围绕英特尔竞争对手超微半导体（AMD）制造的芯片制造的个人电脑存在适度的供应限制。罗兰说，如果事实证明这是真的，这将有利于英特尔第二季度的个人电脑销售。AMD拒绝置评，理由是财报发布前的平静期。</blockquote></p><p> Of the analysts who cover Intel, 18 rate shares Buy, 16 have a Hold rating, and 10 rate it Sell. The average target price is $66.79, which implies a return of 21% from a recent price of $55.</p><p><blockquote>在研究英特尔的分析师中，18名分析师给予买入评级，16名分析师给予持有评级，10名分析师给予卖出评级。平均目标价为66.79美元，这意味着较近期55美元的价格有21%的回报。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/intel-earnings-51626886116?siteid=yhoof2\">Barrons</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":{"INTC":"英特尔"},"source_url":"https://www.barrons.com/articles/intel-earnings-51626886116?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186011456","content_text":"When Intel reports earnings Thursday after the closing bell, it’s going to have to put in some work to convince investors the past three months have gone well.\nExpectations for chip companies are already high heading into the June quarter, as investors are looking for a batch of earnings that beat estimates and bullish guidance, according to tech strategist Ted Mortonson. However, shares of Intel (ticker: INTC) 13% during the second quarter as the benchmark PHLX Semiconductor index, or Sox, gained 1.7% But so long as nothing like last year’s delay of its advanced manufacturing process happens, Intel can likely continue to ride the big demand around the world for chips through the end of the year.\nNewly installed chief executive Pat Gelsinger has already started to make big changes during the second quarter, doubling down on the company’s manufacturing business for its own chips while at the same time expanding its scope by starting a contract manufacturing unit called Intel Foundry Services. He also instituted major personnel changes and restructured parts of the company’s operations.\nInvestors should parse Intel’s Thursday conference call with executives for clues about the company’s forthcoming strategy, including confirmation or details on the company’s talks for a $30 billion bid for U.S.-based semiconductor manufacturing company GlobalFoundries, which The Wall Street Journal reported last Thursday.\nGlobalFoundries CEOTom Caulfieldappeared to curb expectations that a deal was in the works in an interview with Bloomberg Television late Monday. The Journal reported last Thursday that Global Foundries executives weren’t involved in the talks; the talks were between Intel and the Abu Dhabi government’s Mubadala Investment vehicle that owns GlobalFoundries. A person familiar with how Mubadala operates told Barron’‘s that keeping GlobalFoundries unaware of a potential deal with Intel would be typical of its behavior.\nOverall, the consensus forecast for second-quarter adjusted earnings is $1.07 a share on revenue of $17.8 billion. Intel sold its memory business last year, which the company and investors often exclude from its revenue.\nFor the second quarter, investors will be closely watching Intel’s data center business. At the moment, the consensus forecast for Intel’s second-quarter data-center revenue is a decrease of 17% to $5.9 billion, compared with the year-ago period. Still, it’s expected to rise sequentially, from revenue of $5.6 billion in the first quarter.\nEvercore analyst C.J. Muse wrote in a client note that data-center spending recovery, combined with growth in artificial intelligence and machine learning computing–tasks which are typically performed in data centers–could help boost Intel’s revenue for the segment above his outlook.\nThough there are reports that the pandemic-spurred boom of personal computer sales has started to slow, Susquehanna Financial Group analystChristopher Rollandpredicted that Intel will likely achieve its guidance or perform slightly better based on his checks. At the moment, the consensus estimate for Intel’s PC segment is for second-quarter revenue growth of 4.9% to just under $10 billion.\nRolland also said that his team has uncovered modest supply constraints for PCs built around chips made by Intel rival Advanced Micro Devices (AMD). If that turns out to be true, it would benefit Intel’s second-quarter PC sales, Rolland said. AMD declined to comment, citing its quiet period ahead of earnings.\nOf the analysts who cover Intel, 18 rate shares Buy, 16 have a Hold rating, and 10 rate it Sell. The average target price is $66.79, which implies a return of 21% from a recent price of $55.","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836260103,"gmtCreate":1629501280102,"gmtModify":1631892117503,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Where will the stock be in 3 months time?&nbsp;","listText":"Where will the stock be in 3 months time?&nbsp;","text":"Where will the stock be in 3 months time?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/836260103","repostId":"1138970454","repostType":2,"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883129359,"gmtCreate":1631228329671,"gmtModify":1631887209561,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Good Starts to Get Moving UP UP UP !!!","listText":"Good Starts to Get Moving UP UP UP !!!","text":"Good Starts to Get Moving UP UP UP !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/883129359","repostId":"1109747974","repostType":4,"isVote":1,"tweetType":1,"viewCount":922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806432798,"gmtCreate":1627687954614,"gmtModify":1633757194213,"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":13,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"themes":[],"htmlText":"Are these stock poise for taking a break.","listText":"Are these stock poise for taking a break.","text":"Are these stock poise for taking a break.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/806432798","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}