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2021-06-08

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2021-07-03

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These 15 stocks -- June's biggest losers -- could become July's winners<blockquote>这 15 只股票——6 月份跌幅最大的股票——可能成为 7 月份的赢家</blockquote>

2021-06-09

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Clover Health Roars to Record as Short Sellers Get Burned<blockquote>随着卖空者被烧毁，Clover Health 创下纪录</blockquote>

2021-11-12

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Paytm's $2.5 billion IPO mints new millionaires in India<blockquote>Paytm 25亿美元IPO在印度造就了新的百万富翁</blockquote>

2021-06-21

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2021-06-14

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2021-07-22

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2021-07-07

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2021-06-12

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2021-06-28

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Many, like Pandey, will become dollar millionaires when the company lists next week.</p><p><blockquote>Paytm 的一位消息人士告诉路透社，在 Paytm 25 亿美元 IPO 后，约 350 名现任和前任员工的净资产将至少达到 1000 万印度卢比（134,401.38 美元）。当公司下周上市时，许多人，比如潘迪，将成为百万富翁。</blockquote></p><p> Those rewards are huge in a country where the per capita income is below $2,000.</p><p><blockquote>在一个人均收入低于2000美元的国家，这些回报是巨大的。</blockquote></p><p> Pandey, now 39, is no longer with the company and is working at another start-up that he declined to identify. But he says his seven-year stint at Paytm left him with tens of thousands of shares.</p><p><blockquote>现年39岁的潘迪不再在该公司工作，而是在另一家他拒绝透露姓名的初创公司工作。但他表示，他在 Paytm 的七年任期给他留下了数万股股票。</blockquote></p><p> He declined to give details, but the shares were priced at 2,150 rupees ($28.9) apiece on Friday. Pandey said he would be worth more than $1 million.</p><p><blockquote>他拒绝透露细节，但周五该股定价为每股 2,150 卢比（28.9 美元）。潘迪说他的身价将超过100万美元。</blockquote></p><p> \"My dad was very demotivating. He said, 'What is this Paytime?!',\" Pandey told Reuters, referring to the time he joined Paytm in 2013.</p><p><blockquote>“我爸爸非常沮丧。他说，‘这是什么付费时间？!’，”潘迪告诉路透社，他指的是 2013 年加入 Paytm 的时间。</blockquote></p><p> \"'For once work in a company people know about,' my father said.\"</p><p><blockquote>“‘这一次在一家人们都知道的公司工作，’我父亲说。”</blockquote></p><p> \"Now he (my father) is obviously very happy. He has just asked me to stay grounded,\" said Pandey, who is from Uttar Pradesh, the country's most populous state and one of its poorest.</p><p><blockquote>“现在他（我父亲）显然很高兴。他只是要求我保持脚踏实地，”潘迪说，他来自北方邦，北方邦是该国人口最多的邦，也是最贫穷的邦之一。</blockquote></p><p> When Pandey joined Paytm it was primarily a small payments company with fewer than 1,000 staff. Today the firm has more than 10,000 employees and offers a range of services from banking, shopping, movie and travel ticketing to gaming.</p><p><blockquote>当Pandey加入Paytm时，它主要是一家员工不到1000人的小型支付公司。如今，该公司拥有 10,000 多名员工，提供从银行、购物、电影和旅游票务到游戏等一系列服务。</blockquote></p><p> To celebrate, Pandey says he took his father on a five-day luxury trip to Udaipur, a popular tourist destination in the desert state of Rajasthan in September, spending roughly 400,000 rupees ($5,376).</p><p><blockquote>潘迪说，为了庆祝，他在9月份带父亲去了沙漠邦拉贾斯坦邦的热门旅游目的地乌代布尔进行了为期五天的豪华旅行，花费了大约40万卢比（5376美元）。</blockquote></p><p> \"Paytm has always been a generous paymaster. Vijay (Sharma, the Paytm founder) has always wanted that people make money, they move up in life,\" Pandey said.</p><p><blockquote>“Paytm 一直是一位慷慨的出纳员。维杰（Paytm 创始人夏尔马）一直希望人们赚钱，他们在生活中取得进步，”潘迪说。</blockquote></p><p> Married and with two children, he says that the windfall will allow him to work in startups where he is not entirely focused on his income or even help him get back into academics.</p><p><blockquote>他已婚，有两个孩子，他说这笔意外之财将使他能够在初创公司工作，在那里他不完全关注自己的收入，甚至可以帮助他重返学术界。</blockquote></p><p> \"Part of the money goes into my retirement fund and I will use a large part of it for my kids' education,\" he said. ($1=74.40 Indian rupees)</p><p><blockquote>“一部分钱进入我的退休基金，我将用其中的很大一部分用于我孩子的教育，”他说。（1美元=74.40印度卢比）</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>Paytm's $2.5 billion IPO mints new millionaires in India<blockquote>Paytm 25亿美元IPO在印度造就了新的百万富翁</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\">\nPaytm's $2.5 billion IPO mints new millionaires in India<blockquote>Paytm 25亿美元IPO在印度造就了新的百万富翁</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-11-12 18:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Indian electronics engineer Siddharth Pandey will become a millionaire after the country's biggest ever public issue, but he says he had to overcome his father's opposition to join fintech firm Paytm when it was a fledgling start-up nine years ago.</p><p><blockquote>印度电子工程师 Siddharth Pandey 将在该国有史以来最大的公开发行后成为百万富翁，但他表示，他必须克服父亲的反对，加入金融科技公司 Paytm，当时该公司九年前还是一家羽翼未丰的初创公司。</blockquote></p><p> About 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees ($134,401.38) after Paytm's $2.5 billion IPO, a source in the company told Reuters. Many, like Pandey, will become dollar millionaires when the company lists next week.</p><p><blockquote>Paytm 的一位消息人士告诉路透社，在 Paytm 25 亿美元 IPO 后，约 350 名现任和前任员工的净资产将至少达到 1000 万印度卢比（134,401.38 美元）。当公司下周上市时，许多人，比如潘迪，将成为百万富翁。</blockquote></p><p> Those rewards are huge in a country where the per capita income is below $2,000.</p><p><blockquote>在一个人均收入低于2000美元的国家，这些回报是巨大的。</blockquote></p><p> Pandey, now 39, is no longer with the company and is working at another start-up that he declined to identify. But he says his seven-year stint at Paytm left him with tens of thousands of shares.</p><p><blockquote>现年39岁的潘迪不再在该公司工作，而是在另一家他拒绝透露姓名的初创公司工作。但他表示，他在 Paytm 的七年任期给他留下了数万股股票。</blockquote></p><p> He declined to give details, but the shares were priced at 2,150 rupees ($28.9) apiece on Friday. Pandey said he would be worth more than $1 million.</p><p><blockquote>他拒绝透露细节，但周五该股定价为每股 2,150 卢比（28.9 美元）。潘迪说他的身价将超过100万美元。</blockquote></p><p> \"My dad was very demotivating. He said, 'What is this Paytime?!',\" Pandey told Reuters, referring to the time he joined Paytm in 2013.</p><p><blockquote>“我爸爸非常沮丧。他说，‘这是什么付费时间？!’，”潘迪告诉路透社，他指的是 2013 年加入 Paytm 的时间。</blockquote></p><p> \"'For once work in a company people know about,' my father said.\"</p><p><blockquote>“‘这一次在一家人们都知道的公司工作，’我父亲说。”</blockquote></p><p> \"Now he (my father) is obviously very happy. He has just asked me to stay grounded,\" said Pandey, who is from Uttar Pradesh, the country's most populous state and one of its poorest.</p><p><blockquote>“现在他（我父亲）显然很高兴。他只是要求我保持脚踏实地，”潘迪说，他来自北方邦，北方邦是该国人口最多的邦，也是最贫穷的邦之一。</blockquote></p><p> When Pandey joined Paytm it was primarily a small payments company with fewer than 1,000 staff. Today the firm has more than 10,000 employees and offers a range of services from banking, shopping, movie and travel ticketing to gaming.</p><p><blockquote>当Pandey加入Paytm时，它主要是一家员工不到1000人的小型支付公司。如今，该公司拥有 10,000 多名员工，提供从银行、购物、电影和旅游票务到游戏等一系列服务。</blockquote></p><p> To celebrate, Pandey says he took his father on a five-day luxury trip to Udaipur, a popular tourist destination in the desert state of Rajasthan in September, spending roughly 400,000 rupees ($5,376).</p><p><blockquote>潘迪说，为了庆祝，他在9月份带父亲去了沙漠邦拉贾斯坦邦的热门旅游目的地乌代布尔进行了为期五天的豪华旅行，花费了大约40万卢比（5376美元）。</blockquote></p><p> \"Paytm has always been a generous paymaster. Vijay (Sharma, the Paytm founder) has always wanted that people make money, they move up in life,\" Pandey said.</p><p><blockquote>“Paytm 一直是一位慷慨的出纳员。维杰（Paytm 创始人夏尔马）一直希望人们赚钱，他们在生活中取得进步，”潘迪说。</blockquote></p><p> Married and with two children, he says that the windfall will allow him to work in startups where he is not entirely focused on his income or even help him get back into academics.</p><p><blockquote>他已婚，有两个孩子，他说这笔意外之财将使他能够在初创公司工作，在那里他不完全关注自己的收入，甚至可以帮助他重返学术界。</blockquote></p><p> \"Part of the money goes into my retirement fund and I will use a large part of it for my kids' education,\" he said. ($1=74.40 Indian rupees)</p><p><blockquote>“一部分钱进入我的退休基金，我将用其中的很大一部分用于我孩子的教育，”他说。（1美元=74.40印度卢比）</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/paytms-2-5-billion-ipo-094908047.html\">Reuters</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":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/paytms-2-5-billion-ipo-094908047.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149114679","content_text":"Indian electronics engineer Siddharth Pandey will become a millionaire after the country's biggest ever public issue, but he says he had to overcome his father's opposition to join fintech firm Paytm when it was a fledgling start-up nine years ago.\nAbout 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees ($134,401.38) after Paytm's $2.5 billion IPO, a source in the company told Reuters. Many, like Pandey, will become dollar millionaires when the company lists next week.\nThose rewards are huge in a country where the per capita income is below $2,000.\nPandey, now 39, is no longer with the company and is working at another start-up that he declined to identify. But he says his seven-year stint at Paytm left him with tens of thousands of shares.\nHe declined to give details, but the shares were priced at 2,150 rupees ($28.9) apiece on Friday. Pandey said he would be worth more than $1 million.\n\"My dad was very demotivating. He said, 'What is this Paytime?!',\" Pandey told Reuters, referring to the time he joined Paytm in 2013.\n\"'For once work in a company people know about,' my father said.\"\n\"Now he (my father) is obviously very happy. He has just asked me to stay grounded,\" said Pandey, who is from Uttar Pradesh, the country's most populous state and one of its poorest.\nWhen Pandey joined Paytm it was primarily a small payments company with fewer than 1,000 staff. Today the firm has more than 10,000 employees and offers a range of services from banking, shopping, movie and travel ticketing to gaming.\nTo celebrate, Pandey says he took his father on a five-day luxury trip to Udaipur, a popular tourist destination in the desert state of Rajasthan in September, spending roughly 400,000 rupees ($5,376).\n\"Paytm has always been a generous paymaster. Vijay (Sharma, the Paytm founder) has always wanted that people make money, they move up in life,\" Pandey said.\nMarried and with two children, he says that the windfall will allow him to work in startups where he is not entirely focused on his income or even help him get back into academics.\n\"Part of the money goes into my retirement fund and I will use a large part of it for my kids' education,\" he said. ($1=74.40 Indian rupees)","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":3994,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846477927,"gmtCreate":1636110194412,"gmtModify":1636110644138,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846477927","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4049,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848234767,"gmtCreate":1636000338186,"gmtModify":1636000338367,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848234767","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848233036,"gmtCreate":1635999762134,"gmtModify":1635999762318,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848233036","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841792960,"gmtCreate":1635941161469,"gmtModify":1635941161648,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841792960","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2986,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841539332,"gmtCreate":1635923218447,"gmtModify":1635923218447,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841539332","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841592539,"gmtCreate":1635922643549,"gmtModify":1635922643646,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841592539","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843214558,"gmtCreate":1635831814338,"gmtModify":1635831814438,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843214558","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3676,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849138958,"gmtCreate":1635733574341,"gmtModify":1635733574421,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849138958","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4557,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840922221,"gmtCreate":1635577471830,"gmtModify":1635577471892,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840922221","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855058362,"gmtCreate":1635318688081,"gmtModify":1635318688208,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855058362","repostId":"852689668","repostType":1,"repost":{"id":852689668,"gmtCreate":1635261773653,"gmtModify":1744797383097,"author":{"id":"3532831849818465","authorId":"3532831849818465","name":"许亚鑫","avatar":"https://static.tigerbbs.com/72cbe26a31edf2913e619f4aa762d2d4","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3532831849818465","authorIdStr":"3532831849818465"},"themes":[],"title":"黄金短空获利出局，A50震荡刷新高！","htmlText":"隔夜，美股最大的BIG NEWS就是特斯拉的10万订单，直接给特斯拉带来42亿美元的收入，也是有史以来最大的电动车采购，锁定了特斯拉约10%的年产能。与此同时，Model 3成为欧洲销量冠军，以及中国市场的强劲增长，直接推动了特斯拉股价首次站上1000美元，也是首家市值突破1万亿美元大关的汽车企业。 当然啦，由于股价的暴涨，马斯克的个人财富也在一夜之间飙升360亿美元至2890亿。国内的新能源汽车相关产业链最近也在纷纷跟进，不过日内整体呈现高开低走的态势。 从盘面上看，今天两市成交10823亿，量能仍然维持在万亿规模，早盘三大指数震荡走高，午盘过后小幅跳水，最终三大指数均小幅收低，其中汽车服务，汽车配件，公共事业等板块表现活跃，塑料，橡胶和房地产则陷入调整。 实际上，从央妈最近的动作来看，和以往几个月一样，都在在月末往市场注入流动性，呵护市场的动作明显。只不过当下市场的延续性较差，导致板块轮动和切换的速度很快，操作的难度加大。 因为从日内的数据来看，上涨家数仅有1477，不过下跌的数量则达到了2560。只不过大家不要误会哈，许导可没有带着大家砸盘大A，毕竟从技术图形的走势来看，以上证指数作为观察标的，这里还需要又一波加速上行，才会存在着猛烈砸盘的风险，而我们从未来信贷趋势的演化来看，也不必过于焦虑。 从每一年的四季度走势来看，往往会呈现一个突出特征，即资金往往会提前布局第二年有高景气预期的方向。比如，2019年底上涨的信创、半导体、游戏等；2020年底上涨的新能源车、光伏、CXO、二线白酒等。展望明年，政策支持与产业趋势双重驱动的科技成长仍是最确定的主线。在8-9月轮动调整之后，硬科技赛道的估值、回撤幅度已至相对合理位置。 那么，许导带头空的又是什么品种呢？如果前文《1025：美元指数如期，变盘上涨！》大家有认真跟踪的话，那么必然能猜得出来我们在这个时间节点会尝试进场做空什","listText":"隔夜，美股最大的BIG NEWS就是特斯拉的10万订单，直接给特斯拉带来42亿美元的收入，也是有史以来最大的电动车采购，锁定了特斯拉约10%的年产能。与此同时，Model 3成为欧洲销量冠军，以及中国市场的强劲增长，直接推动了特斯拉股价首次站上1000美元，也是首家市值突破1万亿美元大关的汽车企业。 当然啦，由于股价的暴涨，马斯克的个人财富也在一夜之间飙升360亿美元至2890亿。国内的新能源汽车相关产业链最近也在纷纷跟进，不过日内整体呈现高开低走的态势。 从盘面上看，今天两市成交10823亿，量能仍然维持在万亿规模，早盘三大指数震荡走高，午盘过后小幅跳水，最终三大指数均小幅收低，其中汽车服务，汽车配件，公共事业等板块表现活跃，塑料，橡胶和房地产则陷入调整。 实际上，从央妈最近的动作来看，和以往几个月一样，都在在月末往市场注入流动性，呵护市场的动作明显。只不过当下市场的延续性较差，导致板块轮动和切换的速度很快，操作的难度加大。 因为从日内的数据来看，上涨家数仅有1477，不过下跌的数量则达到了2560。只不过大家不要误会哈，许导可没有带着大家砸盘大A，毕竟从技术图形的走势来看，以上证指数作为观察标的，这里还需要又一波加速上行，才会存在着猛烈砸盘的风险，而我们从未来信贷趋势的演化来看，也不必过于焦虑。 从每一年的四季度走势来看，往往会呈现一个突出特征，即资金往往会提前布局第二年有高景气预期的方向。比如，2019年底上涨的信创、半导体、游戏等；2020年底上涨的新能源车、光伏、CXO、二线白酒等。展望明年，政策支持与产业趋势双重驱动的科技成长仍是最确定的主线。在8-9月轮动调整之后，硬科技赛道的估值、回撤幅度已至相对合理位置。 那么，许导带头空的又是什么品种呢？如果前文《1025：美元指数如期，变盘上涨！》大家有认真跟踪的话，那么必然能猜得出来我们在这个时间节点会尝试进场做空什","text":"隔夜，美股最大的BIG NEWS就是特斯拉的10万订单，直接给特斯拉带来42亿美元的收入，也是有史以来最大的电动车采购，锁定了特斯拉约10%的年产能。与此同时，Model 3成为欧洲销量冠军，以及中国市场的强劲增长，直接推动了特斯拉股价首次站上1000美元，也是首家市值突破1万亿美元大关的汽车企业。 当然啦，由于股价的暴涨，马斯克的个人财富也在一夜之间飙升360亿美元至2890亿。国内的新能源汽车相关产业链最近也在纷纷跟进，不过日内整体呈现高开低走的态势。 从盘面上看，今天两市成交10823亿，量能仍然维持在万亿规模，早盘三大指数震荡走高，午盘过后小幅跳水，最终三大指数均小幅收低，其中汽车服务，汽车配件，公共事业等板块表现活跃，塑料，橡胶和房地产则陷入调整。 实际上，从央妈最近的动作来看，和以往几个月一样，都在在月末往市场注入流动性，呵护市场的动作明显。只不过当下市场的延续性较差，导致板块轮动和切换的速度很快，操作的难度加大。 因为从日内的数据来看，上涨家数仅有1477，不过下跌的数量则达到了2560。只不过大家不要误会哈，许导可没有带着大家砸盘大A，毕竟从技术图形的走势来看，以上证指数作为观察标的，这里还需要又一波加速上行，才会存在着猛烈砸盘的风险，而我们从未来信贷趋势的演化来看，也不必过于焦虑。 从每一年的四季度走势来看，往往会呈现一个突出特征，即资金往往会提前布局第二年有高景气预期的方向。比如，2019年底上涨的信创、半导体、游戏等；2020年底上涨的新能源车、光伏、CXO、二线白酒等。展望明年，政策支持与产业趋势双重驱动的科技成长仍是最确定的主线。在8-9月轮动调整之后，硬科技赛道的估值、回撤幅度已至相对合理位置。 那么，许导带头空的又是什么品种呢？如果前文《1025：美元指数如期，变盘上涨！》大家有认真跟踪的话，那么必然能猜得出来我们在这个时间节点会尝试进场做空什","images":[{"img":"https://static.tigerbbs.com/d340d2ac922d3fa5a7688188fceb8b9a","width":"606","height":"178"},{"img":"https://static.tigerbbs.com/f42a638f660a1abd2f960724a45bb121","width":"933","height":"195"},{"img":"https://static.tigerbbs.com/7d237db9cf4ced646f9ed0871a1f6951","width":"369","height":"397"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852689668","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":6,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":884822530,"gmtCreate":1631881102920,"gmtModify":1631891096414,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884822530","repostId":"1151546238","repostType":4,"repost":{"id":"1151546238","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":1631880659,"share":"https://www.laohunote.com/m/news/1151546238?lang=zh_CN&edition=full","pubTime":"2021-09-17 20:10","market":"us","language":"en","title":"Toplines Before US Market Open on  Friday<blockquote>周五美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151546238","media":"Tiger Newspress","summary":"U.S. stock index futures fell on Friday, as steady Treasury yields after strong economic data this w","content":"<p>U.S. stock index futures fell on Friday, as steady Treasury yields after strong economic data this week pointed toward more movement out of heavyweight technology stocks.</p><p><blockquote>美国股指期货周五下跌，本周强劲经济数据后国债收益率稳定，表明重量级科技股将出现更多波动。</blockquote></p><p> U.S. S&amp;P 500 E-minis were down 10.5 points, or 0.24%, at 08:00 am ET. Dow E-minis were down 65 points, or 0.19%, while Nasdaq 100 E-minis were down 34.5 points, or 0.22%.</p><p><blockquote>美国东部时间上午 08:00，美国标普500 e-mini 下跌 10.5 点，跌幅 0.24%。道琼斯电子迷你指数下跌 65 点，跌幅 0.19%，纳斯达克 100 电子迷你指数下跌 34.5 点，跌幅 0.22%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/422068c56661ddc3e6e1ffc31f3bd4ca\" tg-width=\"1080\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> FAANG stocks, including Apple Inc&nbsp;and Alphabet Inc, some of the largest tech names on Wall Street, fell slightly in premarket trading.</p><p><blockquote>FAANG 股票，包括华尔街一些最大的科技公司苹果公司和Alphabet公司，在盘前交易中小幅下跌。</blockquote></p><p> Focus now turns to a meeting of the Federal Reserve next week, with investors debating if a swathe of strong economic data this week could spur the bank into shortening its timeline for reducing monetary stimulus.</p><p><blockquote>现在的焦点转向美联储下周的会议，投资者正在争论本周一系列强劲的经济数据是否会促使美联储缩短减少货币刺激的时间表。</blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b>Coupang(CPNG)</b> – Softbank’s Vision Fund sold 57 million shares of the South Korean online retailer for about $1.69 billion, according to an SEC filing.Coupang shares fell 0.4% in the premarket.</p><p><blockquote><b>库邦(CPNG)</b>- 根据向美国证券交易委员会提交的文件，软银的愿景基金以约16.9亿美元的价格出售了这家韩国在线零售商的5700万股股票。</blockquote></p><p> <b>Lucid(LCID)</b>&nbsp; –&nbsp;EV maker Lucid shares jumped 4.7% in morning trading&nbsp;as&nbsp;its luxury sedan got 520-mile driving range rating.In addition,Bank of America predicts 50% gain in Lucid, compares EV maker to Tesla and Ferrari.</p><p><blockquote><b>清醒（LCID）</b>– 电动汽车制造商 Lucid 的股价在早盘交易中上涨 4.7%，其豪华轿车获得了 520 英里的续航里程评级。此外，美国银行预测 Lucid 股价将上涨 50%，并将这家电动汽车制造商与特斯拉和法拉利进行了比较。</blockquote></p><p> <b>Take-Two Interactive(TTWO) </b>– The video game maker’s stocks fell 1.5% in premarket action after BMO Capital downgraded the stock to “market perform” from “outperform.” BMO’s earnings estimates for Take-Two had been on the high end of Street forecasts, but it said it is now less confident following a series of video game release delays.</p><p><blockquote><b>Take-Two 互动 (TTWO)</b>- 这家视频游戏制造商的股票在盘前下跌 1.5%，此前 BMO Capital 将该股评级从 “跑赢大盘 ”下调至 “大盘 ”。蒙特利尔银行对 Take-Two 的盈利预期一直处于华尔街预测的高端水平，但该银行表示，在一系列视频游戏发行延迟之后，现在信心减弱了。</blockquote></p><p> <b>Manchester United(MANU)</b> – The soccer team operator reported a quarterly loss that was 5.9% narower than what it lost a year ago amid a 15.9% increase in revenue. Manchester United is not providing full-year revenue or earnings guidance for fiscal 2022 due to uncertainty surrounding the Covid-19 pandemic.</p><p><blockquote><b>曼联（MANU）</b>– 这家足球队运营商公布的季度亏损比去年同期收窄 5.9%，但收入增长了 15.9%。由于 Covid-19 大流行的不确定性，曼联没有提供 2022 财年的全年收入或盈利指引。</blockquote></p><p> <b>Invesco(IVZ)</b> – The investment management firm is in talks to merge with&nbsp;State Street’s (STT) asset management unit, according to people familiar with the matter who spoke to the Wall Street Journal. Those sources said a deal is not imminent and might not happen at all. Invesco shares surged 4.6% in the premarket, while State Street edged up 0.8%.</p><p><blockquote><b>景顺(IVZ)</b>- 据知情人士向《华尔街日报》透露，这家投资管理公司正在就与道富银行（STT）的资产管理部门合并进行谈判。这些消息人士称，交易并非迫在眉睫，可能根本不会发生。景顺股价盘前飙升 4.6%，道富银行小幅上涨 0.8%。</blockquote></p><p> <b>Accolade(ACCD)</b> – The provider of workplace benefits management solutions rose 2% in the premarket after Baird upgraded the stock to “outperform” from “neutral.” Baird cited a track record of strong execution and its increasing confidence following recent conversations with management.</p><p><blockquote><b>荣誉（ACCD）</b>- 在贝尔德将工作场所福利管理解决方案提供商的股票从 “中性 ”上调至 “跑赢大盘”后，这家工作场所福利管理解决方案提供商在盘前上涨了 2%。贝尔德列举了强劲执行力的记录，以及在最近与管理层交谈后日益增长的信心。</blockquote></p><p> <b>Unum(UNM)</b> – Unum is launching a new digital verification tool designed to help companies manage vaccine mandates. The insurer’s product allows workers to report vaccination status and upload documentation as well as helping companies manage exemptions.</p><p><blockquote><b>一(UNM)</b>– Unum 正在推出一款新的数字验证工具，旨在帮助公司管理疫苗授权。该保险公司的产品允许员工报告疫苗接种情况和上传文件，并帮助公司管理豁免。</blockquote></p><p> <b>Eli Lilly(LLY)</b> – The drugmaker won FDA approval for expansion of the emergency use authorization for its Covid-19 treatment. The treatment can now be used in patients who could have a high risk of infection after being exposed to someone with Covid.</p><p><blockquote><b>礼来公司</b>– 该制药商获得 FDA 批准，扩大其 Covid-19 治疗的紧急使用授权。这种治疗方法现在可以用于接触Covid患者后感染风险较高的患者。</blockquote></p><p> <b>General Motors(GM)</b> – GM plans to extend downtime at seven North American factories as the worldwide semiconductor shortage continues to crimp production.The&nbsp;shares fell 0.3% in the premarket.</p><p><blockquote><b>通用汽车(GM)</b>– 由于全球半导体短缺继续限制产量，通用汽车计划延长七家北美工厂的停工时间。盘前股价下跌 0.3%。</blockquote></p><p> <b>U.S. Steel(X)</b> – U.S. Steel is planning to build a new U.S. steel mill, with construction beginning next year and production planned to kick off in 2024. The move comes amid booming demand for steel as well as prices that have roughly quadrupled since the summer of 2020. Shares fell 2.1% in the premarket.</p><p><blockquote><b>美国钢铁公司(X)</b>– 美国Steel 计划在美国建造一座新的钢铁厂，明年开工建设，计划于 2024 年开始生产。此举正值钢铁需求蓬勃发展之际，钢铁价格自 2020 年夏季以来大约翻了两番。盘前股价下跌 2.1%。</blockquote></p><p> <b>Zumiez(ZUMZ)</b> – Zumiez shares rose 1% in premarket trading after the streetwear and sports apparel company announced a $150 million stock buyback program.</p><p><blockquote><b>祖米兹</b>– 街头服饰和运动服装公司 Zumiez 宣布 1.5 亿美元的股票回购计划后，该公司股价在盘前交易中上涨 1%。</blockquote></p><p> <b>Diamondback Energy(FANG)</b> – The energy producer announced an accelerated capital return plan and approved a $2 billion stock buyback. Diamondback’s stock rallied 3.7% in premarket trading.</p><p><blockquote><b>响尾蛇能源（FANG）</b>– 该能源生产商宣布了加速资本回报计划，并批准了 20 亿美元的股票回购。响尾蛇的股价在盘前交易中上涨了 3.7%。</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>Toplines Before US Market Open on  Friday<blockquote>周五美国市场开盘前的顶线</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\">\nToplines Before US Market Open on  Friday<blockquote>周五美国市场开盘前的顶线</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\">2021-09-17 20:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures fell on Friday, as steady Treasury yields after strong economic data this week pointed toward more movement out of heavyweight technology stocks.</p><p><blockquote>美国股指期货周五下跌，本周强劲经济数据后国债收益率稳定，表明重量级科技股将出现更多波动。</blockquote></p><p> U.S. S&amp;P 500 E-minis were down 10.5 points, or 0.24%, at 08:00 am ET. Dow E-minis were down 65 points, or 0.19%, while Nasdaq 100 E-minis were down 34.5 points, or 0.22%.</p><p><blockquote>美国东部时间上午 08:00，美国标普500 e-mini 下跌 10.5 点，跌幅 0.24%。道琼斯电子迷你指数下跌 65 点，跌幅 0.19%，纳斯达克 100 电子迷你指数下跌 34.5 点，跌幅 0.22%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/422068c56661ddc3e6e1ffc31f3bd4ca\" tg-width=\"1080\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> FAANG stocks, including Apple Inc&nbsp;and Alphabet Inc, some of the largest tech names on Wall Street, fell slightly in premarket trading.</p><p><blockquote>FAANG 股票，包括华尔街一些最大的科技公司苹果公司和Alphabet公司，在盘前交易中小幅下跌。</blockquote></p><p> Focus now turns to a meeting of the Federal Reserve next week, with investors debating if a swathe of strong economic data this week could spur the bank into shortening its timeline for reducing monetary stimulus.</p><p><blockquote>现在的焦点转向美联储下周的会议，投资者正在争论本周一系列强劲的经济数据是否会促使美联储缩短减少货币刺激的时间表。</blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b>Coupang(CPNG)</b> – Softbank’s Vision Fund sold 57 million shares of the South Korean online retailer for about $1.69 billion, according to an SEC filing.Coupang shares fell 0.4% in the premarket.</p><p><blockquote><b>库邦(CPNG)</b>- 根据向美国证券交易委员会提交的文件，软银的愿景基金以约16.9亿美元的价格出售了这家韩国在线零售商的5700万股股票。</blockquote></p><p> <b>Lucid(LCID)</b>&nbsp; –&nbsp;EV maker Lucid shares jumped 4.7% in morning trading&nbsp;as&nbsp;its luxury sedan got 520-mile driving range rating.In addition,Bank of America predicts 50% gain in Lucid, compares EV maker to Tesla and Ferrari.</p><p><blockquote><b>清醒（LCID）</b>– 电动汽车制造商 Lucid 的股价在早盘交易中上涨 4.7%，其豪华轿车获得了 520 英里的续航里程评级。此外，美国银行预测 Lucid 股价将上涨 50%，并将这家电动汽车制造商与特斯拉和法拉利进行了比较。</blockquote></p><p> <b>Take-Two Interactive(TTWO) </b>– The video game maker’s stocks fell 1.5% in premarket action after BMO Capital downgraded the stock to “market perform” from “outperform.” BMO’s earnings estimates for Take-Two had been on the high end of Street forecasts, but it said it is now less confident following a series of video game release delays.</p><p><blockquote><b>Take-Two 互动 (TTWO)</b>- 这家视频游戏制造商的股票在盘前下跌 1.5%，此前 BMO Capital 将该股评级从 “跑赢大盘 ”下调至 “大盘 ”。蒙特利尔银行对 Take-Two 的盈利预期一直处于华尔街预测的高端水平，但该银行表示，在一系列视频游戏发行延迟之后，现在信心减弱了。</blockquote></p><p> <b>Manchester United(MANU)</b> – The soccer team operator reported a quarterly loss that was 5.9% narower than what it lost a year ago amid a 15.9% increase in revenue. Manchester United is not providing full-year revenue or earnings guidance for fiscal 2022 due to uncertainty surrounding the Covid-19 pandemic.</p><p><blockquote><b>曼联（MANU）</b>– 这家足球队运营商公布的季度亏损比去年同期收窄 5.9%，但收入增长了 15.9%。由于 Covid-19 大流行的不确定性，曼联没有提供 2022 财年的全年收入或盈利指引。</blockquote></p><p> <b>Invesco(IVZ)</b> – The investment management firm is in talks to merge with&nbsp;State Street’s (STT) asset management unit, according to people familiar with the matter who spoke to the Wall Street Journal. Those sources said a deal is not imminent and might not happen at all. Invesco shares surged 4.6% in the premarket, while State Street edged up 0.8%.</p><p><blockquote><b>景顺(IVZ)</b>- 据知情人士向《华尔街日报》透露，这家投资管理公司正在就与道富银行（STT）的资产管理部门合并进行谈判。这些消息人士称，交易并非迫在眉睫，可能根本不会发生。景顺股价盘前飙升 4.6%，道富银行小幅上涨 0.8%。</blockquote></p><p> <b>Accolade(ACCD)</b> – The provider of workplace benefits management solutions rose 2% in the premarket after Baird upgraded the stock to “outperform” from “neutral.” Baird cited a track record of strong execution and its increasing confidence following recent conversations with management.</p><p><blockquote><b>荣誉（ACCD）</b>- 在贝尔德将工作场所福利管理解决方案提供商的股票从 “中性 ”上调至 “跑赢大盘”后，这家工作场所福利管理解决方案提供商在盘前上涨了 2%。贝尔德列举了强劲执行力的记录，以及在最近与管理层交谈后日益增长的信心。</blockquote></p><p> <b>Unum(UNM)</b> – Unum is launching a new digital verification tool designed to help companies manage vaccine mandates. The insurer’s product allows workers to report vaccination status and upload documentation as well as helping companies manage exemptions.</p><p><blockquote><b>一(UNM)</b>– Unum 正在推出一款新的数字验证工具，旨在帮助公司管理疫苗授权。该保险公司的产品允许员工报告疫苗接种情况和上传文件，并帮助公司管理豁免。</blockquote></p><p> <b>Eli Lilly(LLY)</b> – The drugmaker won FDA approval for expansion of the emergency use authorization for its Covid-19 treatment. The treatment can now be used in patients who could have a high risk of infection after being exposed to someone with Covid.</p><p><blockquote><b>礼来公司</b>– 该制药商获得 FDA 批准，扩大其 Covid-19 治疗的紧急使用授权。这种治疗方法现在可以用于接触Covid患者后感染风险较高的患者。</blockquote></p><p> <b>General Motors(GM)</b> – GM plans to extend downtime at seven North American factories as the worldwide semiconductor shortage continues to crimp production.The&nbsp;shares fell 0.3% in the premarket.</p><p><blockquote><b>通用汽车(GM)</b>– 由于全球半导体短缺继续限制产量，通用汽车计划延长七家北美工厂的停工时间。盘前股价下跌 0.3%。</blockquote></p><p> <b>U.S. Steel(X)</b> – U.S. Steel is planning to build a new U.S. steel mill, with construction beginning next year and production planned to kick off in 2024. The move comes amid booming demand for steel as well as prices that have roughly quadrupled since the summer of 2020. Shares fell 2.1% in the premarket.</p><p><blockquote><b>美国钢铁公司(X)</b>– 美国Steel 计划在美国建造一座新的钢铁厂，明年开工建设，计划于 2024 年开始生产。此举正值钢铁需求蓬勃发展之际，钢铁价格自 2020 年夏季以来大约翻了两番。盘前股价下跌 2.1%。</blockquote></p><p> <b>Zumiez(ZUMZ)</b> – Zumiez shares rose 1% in premarket trading after the streetwear and sports apparel company announced a $150 million stock buyback program.</p><p><blockquote><b>祖米兹</b>– 街头服饰和运动服装公司 Zumiez 宣布 1.5 亿美元的股票回购计划后，该公司股价在盘前交易中上涨 1%。</blockquote></p><p> <b>Diamondback Energy(FANG)</b> – The energy producer announced an accelerated capital return plan and approved a $2 billion stock buyback. Diamondback’s stock rallied 3.7% in premarket trading.</p><p><blockquote><b>响尾蛇能源（FANG）</b>– 该能源生产商宣布了加速资本回报计划，并批准了 20 亿美元的股票回购。响尾蛇的股价在盘前交易中上涨了 3.7%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FANG":"Diamondback Energy","IVZ":"美国景顺集团",".IXIC":"NASDAQ Composite","ZUMZ":"Zumiez Inc","UNM":"尤纳姆集团","LLY":"礼来","MANU":"曼联","LCID":"Lucid Group Inc","CPNG":"Coupang, Inc.","GM":"通用汽车",".SPX":"S&P 500 Index","AAPL":"苹果",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151546238","content_text":"U.S. stock index futures fell on Friday, as steady Treasury yields after strong economic data this week pointed toward more movement out of heavyweight technology stocks.\nU.S. S&P 500 E-minis were down 10.5 points, or 0.24%, at 08:00 am ET. Dow E-minis were down 65 points, or 0.19%, while Nasdaq 100 E-minis were down 34.5 points, or 0.22%.\n\nFAANG stocks, including Apple Inc and Alphabet Inc, some of the largest tech names on Wall Street, fell slightly in premarket trading.\nFocus now turns to a meeting of the Federal Reserve next week, with investors debating if a swathe of strong economic data this week could spur the bank into shortening its timeline for reducing monetary stimulus.\nStocks making the biggest moves premarket:\nCoupang(CPNG) – Softbank’s Vision Fund sold 57 million shares of the South Korean online retailer for about $1.69 billion, according to an SEC filing.Coupang shares fell 0.4% in the premarket.\nLucid(LCID)  – EV maker Lucid shares jumped 4.7% in morning trading as its luxury sedan got 520-mile driving range rating.In addition,Bank of America predicts 50% gain in Lucid, compares EV maker to Tesla and Ferrari.\nTake-Two Interactive(TTWO) – The video game maker’s stocks fell 1.5% in premarket action after BMO Capital downgraded the stock to “market perform” from “outperform.” BMO’s earnings estimates for Take-Two had been on the high end of Street forecasts, but it said it is now less confident following a series of video game release delays.\nManchester United(MANU) – The soccer team operator reported a quarterly loss that was 5.9% narower than what it lost a year ago amid a 15.9% increase in revenue. Manchester United is not providing full-year revenue or earnings guidance for fiscal 2022 due to uncertainty surrounding the Covid-19 pandemic.\nInvesco(IVZ) – The investment management firm is in talks to merge with State Street’s (STT) asset management unit, according to people familiar with the matter who spoke to the Wall Street Journal. Those sources said a deal is not imminent and might not happen at all. Invesco shares surged 4.6% in the premarket, while State Street edged up 0.8%.\nAccolade(ACCD) – The provider of workplace benefits management solutions rose 2% in the premarket after Baird upgraded the stock to “outperform” from “neutral.” Baird cited a track record of strong execution and its increasing confidence following recent conversations with management.\nUnum(UNM) – Unum is launching a new digital verification tool designed to help companies manage vaccine mandates. The insurer’s product allows workers to report vaccination status and upload documentation as well as helping companies manage exemptions.\nEli Lilly(LLY) – The drugmaker won FDA approval for expansion of the emergency use authorization for its Covid-19 treatment. The treatment can now be used in patients who could have a high risk of infection after being exposed to someone with Covid.\nGeneral Motors(GM) – GM plans to extend downtime at seven North American factories as the worldwide semiconductor shortage continues to crimp production.The shares fell 0.3% in the premarket.\nU.S. Steel(X) – U.S. Steel is planning to build a new U.S. steel mill, with construction beginning next year and production planned to kick off in 2024. The move comes amid booming demand for steel as well as prices that have roughly quadrupled since the summer of 2020. Shares fell 2.1% in the premarket.\nZumiez(ZUMZ) – Zumiez shares rose 1% in premarket trading after the streetwear and sports apparel company announced a $150 million stock buyback program.\nDiamondback Energy(FANG) – The energy producer announced an accelerated capital return plan and approved a $2 billion stock buyback. Diamondback’s stock rallied 3.7% in premarket trading.","news_type":1,"symbols_score_info":{".DJI":0.9,"IVZ":0.9,"MANU":0.9,".IXIC":0.9,"FANG":0.9,"YMmain":0.9,"CPNG":0.9,"GM":0.9,"ZUMZ":0.9,"ESmain":0.9,"UNM":0.9,"LCID":0.9,"X":0.9,".SPX":0.9,"NQmain":0.9,"AAPL":0.9,"ACCD":0.9,"LLY":0.9}},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813135259,"gmtCreate":1630147803971,"gmtModify":1704956545868,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813135259","repostId":"2162024053","repostType":4,"isVote":1,"tweetType":1,"viewCount":1015,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819694463,"gmtCreate":1630062212252,"gmtModify":1704955360227,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819694463","repostId":"1161784228","repostType":4,"repost":{"id":"1161784228","kind":"news","pubTimestamp":1630047842,"share":"https://www.laohunote.com/m/news/1161784228?lang=zh_CN&edition=full","pubTime":"2021-08-27 15:04","market":"us","language":"en","title":"Why stock market bulls may be right to push valuations so high<blockquote>为什么股市多头将估值推得如此之高可能是正确的</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161784228","media":"MarketWatch","summary":"Investor sentiment right now doesn’t indicate a frothy market\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nWith","content":"<p>Investor sentiment right now doesn’t indicate a frothy market</p><p><blockquote>目前的投资者情绪并不表明市场存在泡沫</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97be72b5bb9e18d0dd71a2ffdb82aa83\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>法新社/盖蒂图片社</span></p></blockquote></p><p> With U.S. stocks reaching new highs, investors and experts alike are starting to wonder if market conditions are getting frothy.</p><p><blockquote>随着美国股市创下新高，投资者和专家都开始怀疑市场状况是否变得泡沫化。</blockquote></p><p> In a frothy market, investor enthusiasm begins to outpace any consideration of risk.&nbsp; Investors feel confident in the economy and corporate earnings and begin to project that confidence further into the future.&nbsp; They increasingly listen to their greed impulse and tune out fear, leading them to bid up stock prices to levels that look historically high and difficult to justify based on the near-term outlook.</p><p><blockquote>在泡沫市场中，投资者的热情开始超过对风险的任何考虑。投资者对经济和企业盈利充满信心，并开始将这种信心进一步投射到未来。他们越来越倾听自己的贪婪冲动，忽略恐惧，导致他们将股价抬高到看起来处于历史高位的水平，根据近期前景很难证明这一点。</blockquote></p><p> Taken to its extreme, this eventually lays the groundwork for a bubble, when investor emotion causes prices to detach completely from valuation.&nbsp; We certainly are not there at this point, so we’ll leave that for another time.</p><p><blockquote>极端情况下，这最终会为泡沫埋下伏笔，即投资者的情绪导致价格完全脱离估值。我们现在肯定还没有到那一步，所以我们将把这个问题留到下次再说。</blockquote></p><p> A clear example of frothiness played out in late 2017, when many investors were fully invested in stocks and behaving as though volatility was only going lower.&nbsp; Fear of missing out overtook the fear of losing money and many took on more risk than they probably would have wanted (or perhaps even realized they had) in a more normal environment.&nbsp; Those are classic symptoms of a frothy market.</p><p><blockquote>泡沫的一个明显例子发生在2017年底，当时许多投资者完全投资于股票，表现得好像波动性只会下降。对错过的恐惧超过了对赔钱的恐惧，许多人承担了比他们在更正常的环境下可能想要（甚至可能意识到他们已经意识到）更多的风险。这些是泡沫市场的典型症状。</blockquote></p><p> While there have been pockets of speculation of late — cryptocurrencies, SPACs, meme stocks — we are not seeing the sort of widespread excess in investor enthusiasm that would lead us to characterize the broader market as frothy.&nbsp; Yes, returns have been robust and stocks have risen steadily.&nbsp; One could easily assume that investors have anchored on recent good news and moved into the “greed” phase.</p><p><blockquote>虽然最近出现了一些投机热潮--加密货币、SPAC、备忘录股票--但我们并没有看到投资者的热情普遍过高，以至于我们将大盘定性为泡沫。是的，回报率一直很强劲，股市也在稳步上涨。人们很容易认为，投资者已经抓住了最近的利好消息，进入了 “贪婪 ”阶段。</blockquote></p><p> But what if this optimism is justified?&nbsp; Economic growth has been exceptionally strong, driven by pent-up demand and massively accommodative policy, while earnings have rebounded dramatically.&nbsp; Continued growth should bring valuations to a point where they begin to look more reasonable.</p><p><blockquote>但如果这种乐观是合理的呢？在被压抑的需求和大规模宽松政策的推动下，经济增长异常强劲，而盈利也大幅反弹。持续增长应该会使估值开始变得更加合理。</blockquote></p><p> Measures of risk appetite, meanwhile, are not extreme; the various risk barometers periodically make a run at exuberance, but there’s still enough to worry about — from a possible Fed policy change to the growing spread of the Delta variant — to put investor emotion back in check before things get out of hand.</p><p><blockquote>与此同时，风险偏好的衡量标准并不极端；各种风险晴雨表会周期性地出现繁荣，但仍有足够多的担忧--从美联储可能的政策变化到德尔塔变异毒株利差的扩大--在事情失控之前让投资者的情绪重新得到控制。</blockquote></p><p> In fact, investors’ inability to shake these worries produces an interesting paradox, whereby the largest and most-stable stocks are one of the few areas that might actually be starting to warrant the “frothy” label.&nbsp; Investors feel they have no choice but to own stocks, yet are reluctant to take on risk.</p><p><blockquote>事实上，投资者无法摆脱这些担忧，这就产生了一个有趣的悖论，即规模最大、最稳定的股票是少数几个可能真正开始被贴上 “泡沫 ”标签的领域之一。投资者觉得他们别无选择，只能持有股票，但又不愿承担风险。</blockquote></p><p> As a result, traditional “risk-on” sectors — small-caps, high-beta stocks, IPOs, for example — have lost steam as investors pivot to their favorite large-cap, U.S. growth companies, which have seen their price multiples and representation in the indexes rise to lofty levels.</p><p><blockquote>因此，传统的 “高风险 ”板块--如小盘股、高贝塔系数股票、首次公开募股--已经失去了动力，因为投资者转向了他们最喜欢的大盘股、美国成长型公司，这些公司的市盈率和在指数中的代表性都上升到了很高的水平。</blockquote></p><p> At times like this, it can be tempting to chase performance and buy even more of what’s working because “it’s going up.”&nbsp; But like the Hotel California, getting in is not a problem, but getting out may prove difficult as everyone heads for the exit at once.</p><p><blockquote>在这种时候，人们可能会忍不住追逐性能，购买更多有效的产品，因为 “它在上涨”。但就像加州酒店一样，进去不是问题，但出去可能会很困难，因为每个人都同时走向出口。</blockquote></p><p> <b>Risk control</b></p><p><blockquote><b>风险控制</b></blockquote></p><p> Investors do have options to mitigate the risks that may be developing within this part of the market.&nbsp; While some are turning to “smart beta,” which uses a different index-weighting methodology — such as dividends or volatility (versus the market capitalization-weighted approach used by many indexes) — there is a clear element of market timing in such moves that can materially impact performance.</p><p><blockquote>投资者确实可以选择减轻这部分市场可能出现的风险。虽然有些人转向 “智能贝塔”，它使用了不同的指数加权方法--如股息或波动率（与许多指数使用的市值加权方法相比）--但在这种走势中，有一个明显的市场时机因素，会对业绩产生重大影响。</blockquote></p><p> Better to choose a balanced approach — for example, an equal-weighted exchange-traded fund, such as Invesco S&amp;P500 Equal Weight ETF&nbsp;or the more reasonably priced iShares MSCI USA Equal Weighted ETF&nbsp;— may reduce concentration and manage risk better than a more extreme move into, say, a value-skewed, dividend-weighted fund.</p><p><blockquote>最好选择平衡的方法——例如，等权重交易所交易基金，例如 Invesco S&amp;P500 等权重 ETF 或定价更合理的 iShares MSCI USA 等权重 ETF——可能会降低集中度并更好地管理风险。比更极端的举措，例如，转向价值偏斜、股息加权基金。</blockquote></p><p> For those who manage to maintain a reasonable time horizon, start looking for opportunities; remember they’re unlikely to reside within the market’s current darlings, so you’ll want to cast a broad net.</p><p><blockquote>对于那些设法保持合理时间范围的人来说，开始寻找机会；请记住，它们不太可能出现在市场上目前的宠儿之中，因此您需要撒下一张大网。</blockquote></p><p> If you’re patient, developed markets outside of the U.S. are shaping up to offer more fertile ground. The iShares Core MSCI EAFE ETF&nbsp;offers a cost-effective way to get exposure to developed markets, while Vanguard FTSE Emerging Markets ETF&nbsp;does the same for emerging regions; meanwhile, consider Vanguard’s FTSE All-World ex-US ETF&nbsp;for an all-in-one solution.</p><p><blockquote>如果你有耐心，美国以外的发达市场正在形成，提供更肥沃的土壤。iShares Core MSCI EAFE ETF 提供了一种经济高效的方式来投资发达市场，而 Vanguard FTSE Emerging Markets ETF 则为新兴地区提供同样的投资；同时，可以考虑 Vanguard 的 FTSE All-World ex-US ETF，这是一个一体化的解决方案。</blockquote></p><p></p><p> Meanwhile, keep in mind that emotion is not your friend, so stay disciplined. When things look frothy, investors often try to time the market by moving to cash, a notoriously tricky and strongly discouraged maneuver.&nbsp; Even those lucky enough to avoid a pullback rarely get the re-entry right, leaving them sitting on the sidelines watching a major market advance pass them by.&nbsp; Remember, you and your financial adviser worked hard to find the right long-term strategy for you — stick with it for the long-term.</p><p><blockquote>同时，请记住，情绪不是你的朋友，所以要保持自律。当事情看起来泡沫化时，投资者经常试图通过转向现金来把握市场时机，这是一个众所周知的棘手和强烈不鼓励的策略。即使是那些幸运地避免了回调的人，也很少能正确地重新进入，让他们坐在一旁，看着市场的重大上涨从他们身边溜走。请记住，你和你的财务顾问努力为你找到正确的长期策略——长期坚持下去。</blockquote></p><p></p>","source":"lsy1603348471595","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 stock market bulls may be right to push valuations so high<blockquote>为什么股市多头将估值推得如此之高可能是正确的</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; 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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\">\nWhy stock market bulls may be right to push valuations so high<blockquote>为什么股市多头将估值推得如此之高可能是正确的</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-27 15:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Investor sentiment right now doesn’t indicate a frothy market</p><p><blockquote>目前的投资者情绪并不表明市场存在泡沫</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97be72b5bb9e18d0dd71a2ffdb82aa83\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>法新社/盖蒂图片社</span></p></blockquote></p><p> With U.S. stocks reaching new highs, investors and experts alike are starting to wonder if market conditions are getting frothy.</p><p><blockquote>随着美国股市创下新高，投资者和专家都开始怀疑市场状况是否变得泡沫化。</blockquote></p><p> In a frothy market, investor enthusiasm begins to outpace any consideration of risk.&nbsp; Investors feel confident in the economy and corporate earnings and begin to project that confidence further into the future.&nbsp; They increasingly listen to their greed impulse and tune out fear, leading them to bid up stock prices to levels that look historically high and difficult to justify based on the near-term outlook.</p><p><blockquote>在泡沫市场中，投资者的热情开始超过对风险的任何考虑。投资者对经济和企业盈利充满信心，并开始将这种信心进一步投射到未来。他们越来越倾听自己的贪婪冲动，忽略恐惧，导致他们将股价抬高到看起来处于历史高位的水平，根据近期前景很难证明这一点。</blockquote></p><p> Taken to its extreme, this eventually lays the groundwork for a bubble, when investor emotion causes prices to detach completely from valuation.&nbsp; We certainly are not there at this point, so we’ll leave that for another time.</p><p><blockquote>极端情况下，这最终会为泡沫埋下伏笔，即投资者的情绪导致价格完全脱离估值。我们现在肯定还没有到那一步，所以我们将把这个问题留到下次再说。</blockquote></p><p> A clear example of frothiness played out in late 2017, when many investors were fully invested in stocks and behaving as though volatility was only going lower.&nbsp; Fear of missing out overtook the fear of losing money and many took on more risk than they probably would have wanted (or perhaps even realized they had) in a more normal environment.&nbsp; Those are classic symptoms of a frothy market.</p><p><blockquote>泡沫的一个明显例子发生在2017年底，当时许多投资者完全投资于股票，表现得好像波动性只会下降。对错过的恐惧超过了对赔钱的恐惧，许多人承担了比他们在更正常的环境下可能想要（甚至可能意识到他们已经意识到）更多的风险。这些是泡沫市场的典型症状。</blockquote></p><p> While there have been pockets of speculation of late — cryptocurrencies, SPACs, meme stocks — we are not seeing the sort of widespread excess in investor enthusiasm that would lead us to characterize the broader market as frothy.&nbsp; Yes, returns have been robust and stocks have risen steadily.&nbsp; One could easily assume that investors have anchored on recent good news and moved into the “greed” phase.</p><p><blockquote>虽然最近出现了一些投机热潮--加密货币、SPAC、备忘录股票--但我们并没有看到投资者的热情普遍过高，以至于我们将大盘定性为泡沫。是的，回报率一直很强劲，股市也在稳步上涨。人们很容易认为，投资者已经抓住了最近的利好消息，进入了 “贪婪 ”阶段。</blockquote></p><p> But what if this optimism is justified?&nbsp; Economic growth has been exceptionally strong, driven by pent-up demand and massively accommodative policy, while earnings have rebounded dramatically.&nbsp; Continued growth should bring valuations to a point where they begin to look more reasonable.</p><p><blockquote>但如果这种乐观是合理的呢？在被压抑的需求和大规模宽松政策的推动下，经济增长异常强劲，而盈利也大幅反弹。持续增长应该会使估值开始变得更加合理。</blockquote></p><p> Measures of risk appetite, meanwhile, are not extreme; the various risk barometers periodically make a run at exuberance, but there’s still enough to worry about — from a possible Fed policy change to the growing spread of the Delta variant — to put investor emotion back in check before things get out of hand.</p><p><blockquote>与此同时，风险偏好的衡量标准并不极端；各种风险晴雨表会周期性地出现繁荣，但仍有足够多的担忧--从美联储可能的政策变化到德尔塔变异毒株利差的扩大--在事情失控之前让投资者的情绪重新得到控制。</blockquote></p><p> In fact, investors’ inability to shake these worries produces an interesting paradox, whereby the largest and most-stable stocks are one of the few areas that might actually be starting to warrant the “frothy” label.&nbsp; Investors feel they have no choice but to own stocks, yet are reluctant to take on risk.</p><p><blockquote>事实上，投资者无法摆脱这些担忧，这就产生了一个有趣的悖论，即规模最大、最稳定的股票是少数几个可能真正开始被贴上 “泡沫 ”标签的领域之一。投资者觉得他们别无选择，只能持有股票，但又不愿承担风险。</blockquote></p><p> As a result, traditional “risk-on” sectors — small-caps, high-beta stocks, IPOs, for example — have lost steam as investors pivot to their favorite large-cap, U.S. growth companies, which have seen their price multiples and representation in the indexes rise to lofty levels.</p><p><blockquote>因此，传统的 “高风险 ”板块--如小盘股、高贝塔系数股票、首次公开募股--已经失去了动力，因为投资者转向了他们最喜欢的大盘股、美国成长型公司，这些公司的市盈率和在指数中的代表性都上升到了很高的水平。</blockquote></p><p> At times like this, it can be tempting to chase performance and buy even more of what’s working because “it’s going up.”&nbsp; But like the Hotel California, getting in is not a problem, but getting out may prove difficult as everyone heads for the exit at once.</p><p><blockquote>在这种时候，人们可能会忍不住追逐性能，购买更多有效的产品，因为 “它在上涨”。但就像加州酒店一样，进去不是问题，但出去可能会很困难，因为每个人都同时走向出口。</blockquote></p><p> <b>Risk control</b></p><p><blockquote><b>风险控制</b></blockquote></p><p> Investors do have options to mitigate the risks that may be developing within this part of the market.&nbsp; While some are turning to “smart beta,” which uses a different index-weighting methodology — such as dividends or volatility (versus the market capitalization-weighted approach used by many indexes) — there is a clear element of market timing in such moves that can materially impact performance.</p><p><blockquote>投资者确实可以选择减轻这部分市场可能出现的风险。虽然有些人转向 “智能贝塔”，它使用了不同的指数加权方法--如股息或波动率（与许多指数使用的市值加权方法相比）--但在这种走势中，有一个明显的市场时机因素，会对业绩产生重大影响。</blockquote></p><p> Better to choose a balanced approach — for example, an equal-weighted exchange-traded fund, such as Invesco S&amp;P500 Equal Weight ETF&nbsp;or the more reasonably priced iShares MSCI USA Equal Weighted ETF&nbsp;— may reduce concentration and manage risk better than a more extreme move into, say, a value-skewed, dividend-weighted fund.</p><p><blockquote>最好选择平衡的方法——例如，等权重交易所交易基金，例如 Invesco S&amp;P500 等权重 ETF 或定价更合理的 iShares MSCI USA 等权重 ETF——可能会降低集中度并更好地管理风险。比更极端的举措，例如，转向价值偏斜、股息加权基金。</blockquote></p><p> For those who manage to maintain a reasonable time horizon, start looking for opportunities; remember they’re unlikely to reside within the market’s current darlings, so you’ll want to cast a broad net.</p><p><blockquote>对于那些设法保持合理时间范围的人来说，开始寻找机会；请记住，它们不太可能出现在市场上目前的宠儿之中，因此您需要撒下一张大网。</blockquote></p><p> If you’re patient, developed markets outside of the U.S. are shaping up to offer more fertile ground. The iShares Core MSCI EAFE ETF&nbsp;offers a cost-effective way to get exposure to developed markets, while Vanguard FTSE Emerging Markets ETF&nbsp;does the same for emerging regions; meanwhile, consider Vanguard’s FTSE All-World ex-US ETF&nbsp;for an all-in-one solution.</p><p><blockquote>如果你有耐心，美国以外的发达市场正在形成，提供更肥沃的土壤。iShares Core MSCI EAFE ETF 提供了一种经济高效的方式来投资发达市场，而 Vanguard FTSE Emerging Markets ETF 则为新兴地区提供同样的投资；同时，可以考虑 Vanguard 的 FTSE All-World ex-US ETF，这是一个一体化的解决方案。</blockquote></p><p></p><p> Meanwhile, keep in mind that emotion is not your friend, so stay disciplined. When things look frothy, investors often try to time the market by moving to cash, a notoriously tricky and strongly discouraged maneuver.&nbsp; Even those lucky enough to avoid a pullback rarely get the re-entry right, leaving them sitting on the sidelines watching a major market advance pass them by.&nbsp; Remember, you and your financial adviser worked hard to find the right long-term strategy for you — stick with it for the long-term.</p><p><blockquote>同时，请记住，情绪不是你的朋友，所以要保持自律。当事情看起来泡沫化时，投资者经常试图通过转向现金来把握市场时机，这是一个众所周知的棘手和强烈不鼓励的策略。即使是那些幸运地避免了回调的人，也很少能正确地重新进入，让他们坐在一旁，看着市场的重大上涨从他们身边溜走。请记住，你和你的财务顾问努力为你找到正确的长期策略——长期坚持下去。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/why-stock-market-bulls-may-be-right-to-push-valuations-so-high-11630010176?mod=home-page\">MarketWatch</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":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-stock-market-bulls-may-be-right-to-push-valuations-so-high-11630010176?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161784228","content_text":"Investor sentiment right now doesn’t indicate a frothy market\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nWith U.S. stocks reaching new highs, investors and experts alike are starting to wonder if market conditions are getting frothy.\nIn a frothy market, investor enthusiasm begins to outpace any consideration of risk.  Investors feel confident in the economy and corporate earnings and begin to project that confidence further into the future.  They increasingly listen to their greed impulse and tune out fear, leading them to bid up stock prices to levels that look historically high and difficult to justify based on the near-term outlook.\nTaken to its extreme, this eventually lays the groundwork for a bubble, when investor emotion causes prices to detach completely from valuation.  We certainly are not there at this point, so we’ll leave that for another time.\nA clear example of frothiness played out in late 2017, when many investors were fully invested in stocks and behaving as though volatility was only going lower.  Fear of missing out overtook the fear of losing money and many took on more risk than they probably would have wanted (or perhaps even realized they had) in a more normal environment.  Those are classic symptoms of a frothy market.\nWhile there have been pockets of speculation of late — cryptocurrencies, SPACs, meme stocks — we are not seeing the sort of widespread excess in investor enthusiasm that would lead us to characterize the broader market as frothy.  Yes, returns have been robust and stocks have risen steadily.  One could easily assume that investors have anchored on recent good news and moved into the “greed” phase.\nBut what if this optimism is justified?  Economic growth has been exceptionally strong, driven by pent-up demand and massively accommodative policy, while earnings have rebounded dramatically.  Continued growth should bring valuations to a point where they begin to look more reasonable.\nMeasures of risk appetite, meanwhile, are not extreme; the various risk barometers periodically make a run at exuberance, but there’s still enough to worry about — from a possible Fed policy change to the growing spread of the Delta variant — to put investor emotion back in check before things get out of hand.\nIn fact, investors’ inability to shake these worries produces an interesting paradox, whereby the largest and most-stable stocks are one of the few areas that might actually be starting to warrant the “frothy” label.  Investors feel they have no choice but to own stocks, yet are reluctant to take on risk.\nAs a result, traditional “risk-on” sectors — small-caps, high-beta stocks, IPOs, for example — have lost steam as investors pivot to their favorite large-cap, U.S. growth companies, which have seen their price multiples and representation in the indexes rise to lofty levels.\nAt times like this, it can be tempting to chase performance and buy even more of what’s working because “it’s going up.”  But like the Hotel California, getting in is not a problem, but getting out may prove difficult as everyone heads for the exit at once.\nRisk control\nInvestors do have options to mitigate the risks that may be developing within this part of the market.  While some are turning to “smart beta,” which uses a different index-weighting methodology — such as dividends or volatility (versus the market capitalization-weighted approach used by many indexes) — there is a clear element of market timing in such moves that can materially impact performance.\nBetter to choose a balanced approach — for example, an equal-weighted exchange-traded fund, such as Invesco S&P500 Equal Weight ETF or the more reasonably priced iShares MSCI USA Equal Weighted ETF — may reduce concentration and manage risk better than a more extreme move into, say, a value-skewed, dividend-weighted fund.\nFor those who manage to maintain a reasonable time horizon, start looking for opportunities; remember they’re unlikely to reside within the market’s current darlings, so you’ll want to cast a broad net.\nIf you’re patient, developed markets outside of the U.S. are shaping up to offer more fertile ground. The iShares Core MSCI EAFE ETF offers a cost-effective way to get exposure to developed markets, while Vanguard FTSE Emerging Markets ETF does the same for emerging regions; meanwhile, consider Vanguard’s FTSE All-World ex-US ETF for an all-in-one solution.\nMeanwhile, keep in mind that emotion is not your friend, so stay disciplined. When things look frothy, investors often try to time the market by moving to cash, a notoriously tricky and strongly discouraged maneuver.  Even those lucky enough to avoid a pullback rarely get the re-entry right, leaving them sitting on the sidelines watching a major market advance pass them by.  Remember, you and your financial adviser worked hard to find the right long-term strategy for you — stick with it for the long-term.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":848,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810806239,"gmtCreate":1629958789921,"gmtModify":1631891096451,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"Nio expects to cruise right around supply chain issue","htmlText":"NIO logo and the NIO store in downtownAndy Feng/iStock Editorial via Getty ImagesBank of America remains constructive on Nio (NIO -0.2%) after meeting with management earlier today on some capacity constraints due to chip component shortages and other disruptions with the production of local suppliers.Crucially, Nio says it has communicated closely with CATL to ensure battery supply for the company's electric vehicle production at 8K to 9k units per month until the end of 2021. Management believes the supply constraints will only impact short-term production. On the positive side, Nio sees positive momentum on the demand front and notes strengthening with new orders received. The demand is strong enough that Nio is confident of hitting prior guidance for Q3 deliveries of 23K to 25K units.T","listText":"NIO logo and the NIO store in downtownAndy Feng/iStock Editorial via Getty ImagesBank of America remains constructive on Nio (NIO -0.2%) after meeting with management earlier today on some capacity constraints due to chip component shortages and other disruptions with the production of local suppliers.Crucially, Nio says it has communicated closely with CATL to ensure battery supply for the company's electric vehicle production at 8K to 9k units per month until the end of 2021. Management believes the supply constraints will only impact short-term production. On the positive side, Nio sees positive momentum on the demand front and notes strengthening with new orders received. The demand is strong enough that Nio is confident of hitting prior guidance for Q3 deliveries of 23K to 25K units.T","text":"NIO logo and the NIO store in downtownAndy Feng/iStock Editorial via Getty ImagesBank of America remains constructive on Nio (NIO -0.2%) after meeting with management earlier today on some capacity constraints due to chip component shortages and other disruptions with the production of local suppliers.Crucially, Nio says it has communicated closely with CATL to ensure battery supply for the company's electric vehicle production at 8K to 9k units per month until the end of 2021. Management believes the supply constraints will only impact short-term production. On the positive side, Nio sees positive momentum on the demand front and notes strengthening with new orders received. The demand is strong enough that Nio is confident of hitting prior guidance for Q3 deliveries of 23K to 25K units.T","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810806239","isVote":1,"tweetType":1,"viewCount":864,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805584542,"gmtCreate":1627892133887,"gmtModify":1631891096459,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805584542","repostId":"1193646270","repostType":4,"repost":{"id":"1193646270","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":1627891794,"share":"https://www.laohunote.com/m/news/1193646270?lang=zh_CN&edition=full","pubTime":"2021-08-02 16:09","market":"us","language":"en","title":"NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来 2021 年 7 月交付 7,931 辆汽车，盘前交易增长 1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193646270","media":"Tiger Newspress","summary":" $NIO Inc.$ delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.","content":"<p>(August&nbsp;2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>2021年7月交付7,931辆汽车，同比强劲增长124.5%。交付的车辆包括 1702 辆 ES8（该公司的六座或七座旗舰高端智能电动 SUV）、3669 辆 ES6（该公司的五座高性能高端智能电动 SUV）和 2560 辆 EC6（该公司的五座高端智能电动轿跑车 SUV）。截至2021年7月31日，ES8、ES6和EC6的累计交付量达到125,528辆。</blockquote></p><p> NIO rose about 1% in premarket trading.</p><p><blockquote>蔚来在盘前交易中上涨约1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/29ee37756815b9785621385b00cfc549\" tg-width=\"629\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></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>NIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来 2021 年 7 月交付 7,931 辆汽车，盘前交易增长 1%</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\">\nNIO delivered 7,931 vehicles in July 2021, and rose 1% in premarket trading<blockquote>蔚来 2021 年 7 月交付 7,931 辆汽车，盘前交易增长 1%</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\">2021-08-02 16:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(August&nbsp;2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.</p><p><blockquote>（8月2日）<a href=\"https://laohu8.com/S/NIO\">蔚来</a>2021年7月交付7,931辆汽车，同比强劲增长124.5%。交付的车辆包括 1702 辆 ES8（该公司的六座或七座旗舰高端智能电动 SUV）、3669 辆 ES6（该公司的五座高性能高端智能电动 SUV）和 2560 辆 EC6（该公司的五座高端智能电动轿跑车 SUV）。截至2021年7月31日，ES8、ES6和EC6的累计交付量达到125,528辆。</blockquote></p><p> NIO rose about 1% in premarket trading.</p><p><blockquote>蔚来在盘前交易中上涨约1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/29ee37756815b9785621385b00cfc549\" tg-width=\"629\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193646270","content_text":"(August 2) NIO Inc. delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.\nNIO rose about 1% in premarket trading.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800001570,"gmtCreate":1627264588890,"gmtModify":1631891096472,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/800001570","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174551899,"gmtCreate":1627115113911,"gmtModify":1631891096482,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/174551899","repostId":"1112927800","repostType":4,"repost":{"id":"1112927800","kind":"news","pubTimestamp":1627089375,"share":"https://www.laohunote.com/m/news/1112927800?lang=zh_CN&edition=full","pubTime":"2021-07-24 09:16","market":"us","language":"en","title":"Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks<blockquote>蔚来股票会追随特斯拉的脚步吗？这两只电动汽车股票之间需要考虑什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112927800","media":"seekingalpha","summary":"Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV p","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.</li>  <li>NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.</li>  <li>NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f749c70c8a2af3e18d5f6cecc72bfbb\" tg-width=\"1536\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><span>ipopba/iStock via Getty Images</span></p><p><blockquote><ul><li>让我们来看看蔚来与今天的特斯拉相比如何，蔚来独特的卖点，以及两家公司之间的相似之处。</li><li>蔚来是一个高增长的选择，相对于特斯拉的估值，它似乎并不算太贵。</li><li>然而，蔚来并不是一只低风险股票，它可能不是每个人的好选择。投资者还应该考虑蔚来汽车相对于传统汽车公司的估值。</li></ul><p class=\"t-img-caption\"><span>ipopba/iStock 来自盖蒂图片社</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> NIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.</p><p><blockquote>蔚来（蔚来）是中国领先的电动汽车企业之一，通过有吸引力的品牌和独特的BaaS产品，吸引了消费者和投资者的极大兴趣。然而，如今该公司的规模仍然远小于目前引领全球电动汽车市场的特斯拉 (TSLA)。蔚来目前专注于国内市场，特斯拉还是一家小公司时也是如此，但蔚来也将努力在海外市场抢占市场份额。股价已经大幅上涨，但如果蔚来能够复制特斯拉的成功，这可能是完全合理的。</blockquote></p><p> <b>NIO And TSLA Stock Prices</b></p><p><blockquote><b>蔚来和特斯拉股价</b></blockquote></p><p> Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.</p><p><blockquote>2020 年，两家公司都受益于人们对电动汽车日益增长的兴趣，这一趋势导致大多数电动汽车纯玩家的股价迅速上涨。电动汽车市场份额不断增长、电动汽车购买补贴等宽松政策以及大规模货币刺激措施相结合，蔚来和特斯拉的股价迅速上涨。蔚来去年上涨了 245%，而特斯拉同期上涨了 101%。然而，这两家公司目前的股价均低于历史高点，该高点在 2021 年初触及，之后市场对电动汽车 pureplays 的情绪有所降温。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ff5ce865807df85283775d2293b41af\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> Taking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.</p><p><blockquote>快速浏览一下分析师的目标价，我们发现特斯拉的交易价格几乎完全符合共识，而蔚来的交易价格比分析师目标价低约 30%。如果分析师界是正确的，那么蔚来在这里是一个更好的投资，因为预计特斯拉的股价明年不会大幅上涨，而蔚来的分析师目标价有很大的上涨空间。</blockquote></p><p> <b>Is NIO Similar To Tesla?</b></p><p><blockquote><b>蔚来和特斯拉相似吗？</b></blockquote></p><p> The answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:</p><p><blockquote>这个问题的答案取决于你关注的是什么。这两家公司有相似之处，但也有不同之处。因此，人们可以说，在某些方面，这两者是相似的，但在其他方面，它们不是。让我们看几件事：</blockquote></p><p> <b>Business Model</b></p><p><blockquote><b>商业模式</b></blockquote></p><p> Both companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.</p><p><blockquote>两家公司都专注于电动汽车领域，尽管特斯拉多年来也一直在发展其他一些业务，例如储能。特斯拉的大部分收入是通过销售电动汽车产生的，这也是蔚来的运营方式。两家公司都专注于电动汽车的高端市场，销售与宝马、梅赛德斯和雷克萨斯等品牌竞争的高价汽车。两家公司都提供少量不同的车辆，特斯拉是众所周知的 S、X、3 和 Y，而蔚来则提供轿车 (ET7) 和三款 SUV (EC6、ES6、ES8)。尽管蔚来如今是一家规模较小的公司，但两家公司的车型阵容并没有太大区别。</blockquote></p><p> Both companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.</p><p><blockquote>两家公司都为客户提供某种类型的充电基础设施，就特斯拉而言，这就是增压器网络，特斯拉车主可以在其中为汽车充电，功率高达 250kW，具体取决于安装的增压器版本。蔚来正在采取不同的方法，为客户提供电池即服务解决方案。蔚来车主可以在蔚来充电站将电池更换为充满电的电池，这一过程只需几分钟，因此与特斯拉和其他电动汽车制造商提供的常规电动汽车充电相比要快得多。因此，BaaS在充电/更换时间方面具有优势，但应该注意的是，与蔚来的换电站相比，特斯拉的超级充电站在世界各地更为常见。在其他市场推出该功能将需要大量资本支出，但与包括特斯拉在内的所有其他电动汽车厂商所提供的产品相比，蔚来汽车的产品是一个独特的卖点。这是否最终会带来回报还有待观察，但随着电动汽车领域的竞争日益激烈，这可能成为蔚来的一大优势。</blockquote></p><p> <b>Size, growth, and valuation</b></p><p><blockquote><b>规模、增长和估值</b></blockquote></p><p></p><p> The two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.</p><p><blockquote>两家公司的规模差异很大，无论是在收入和汽车销量方面，还是在两家公司的市值方面。蔚来第二季度交付了22,000辆汽车，同比增长112%，年增长率约为90,000辆。与此同时，特斯拉在第二季度交付了 201,000 辆汽车，高于 2020 年第二季度的 103,000 辆汽车。这是同比的强劲增长，尽管略低于 100%，因此低于蔚来目前的增长率。</blockquote></p><p> Tesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:</p><p><blockquote>与蔚来相比，特斯拉每季度交付的汽车数量约为 9 倍，当我们查看两家公司的市值时，我们会发现这一比例几乎完全相同，因为特斯拉 6400 亿美元的市值约为 9 倍蔚来的 720 亿美元。在类似的增长率下，这将是完全有意义的，但看起来蔚来目前可能是更好的交易，因为它的估值相当，同时产生了更好的增长。未来几个季度尤其如此，特斯拉的增长预计将放缓：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a986ea65130206f99961a46ce6cfed55\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> Tesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.</p><p><blockquote>预计特斯拉的收入将从2021年的490亿美元增长到2023年的830亿美元，年增长率为30%。与此同时，蔚来预计其收入将在 2021 年至 2023 年间从 54 亿美元激增至 128 亿美元，年增长率为 54%。因此，相对而言，预计未来两年蔚来的增长速度将远远超过特斯拉。老实说，这并不奇怪，因为大数定律表明，对于一家公司来说，保持巨大的增长率变得越来越困难，而特斯拉现在似乎已经达到了这一点——每年增加 50% 以上的收入是不可能永远的。这甚至不一定是特斯拉的错，事实上，许多优质成长型公司都经历过同样的事情。但投资者仍然应该考虑这个重要事实——与我们过去看到的相比，特斯拉未来几年的增长将不那么令人兴奋，而蔚来等同行的增长速度更快。</blockquote></p><p> The same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).</p><p><blockquote>当我们从长远来看时，情况也是如此。蔚来 2025 年收入预期为 226 亿美元，比 2023 年预期再增长 80%，比分析师对 2021 年的预测增长 320%。与此同时，特斯拉预计 2025 年收入将达到 1225 亿美元，这是一个很大的数字，但比 2023 年增长相对较弱的 48%，比 2021 年总共增长 150%。因此，在 2021 年至 2025 年间，蔚来的收入将增长 4 倍，而特斯拉的收入将增长 2.5 倍——在其他条件相同的情况下，这是一个有意义的差异，应该可以让蔚来获得溢价估值，就像特斯拉值得拥有与大众汽车等传统参与者相比的溢价估值（OTCPK：VWAGY）。</blockquote></p><p> Looking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.</p><p><blockquote>将 2025 年的收入预测与两家公司目前的估值进行比较，我们发现蔚来的交易价格为 2025 年销售额的 3.2 倍，而特斯拉的 2025 年销售额倍数为 5.2。对于长期投资者来说，蔚来目前似乎更有价值，因为当我们展望未来时，它的销售倍数要低得多。然而，这并不一定意味着蔚来很便宜，因为与传统汽车公司的估值相比，即使是 2025 年 3.2 倍的销售倍数也相对较高。然而，蔚来看起来比特斯拉便宜，即使其股票绝对不便宜。</blockquote></p><p> <b>Can NIO Be Worth As Much As Tesla?</b></p><p><blockquote><b>蔚来能和特斯拉一样值钱吗？</b></blockquote></p><p> The answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly&nbsp;overpriced&nbsp;today, I personally believe that as well (Note that some will argue that shares are&nbsp;underpriced, which is also among the possibilities, although I do not hold that belief personally).</p><p><blockquote>这个问题的答案取决于你所关注的时间范围。如今，蔚来比特斯拉小得多，因此理所当然地以较小的市值进行交易。还应该指出的是，不能保证特斯拉的股票是电动汽车公司估值的一个很好的例子——至少，它的股票今天有可能被严重高估，我个人也相信这一点（请注意，有些人会认为股票价格被低估，这也是可能性之一，尽管我个人并不持有这种信念）。</blockquote></p><p></p><p> When we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.</p><p><blockquote>当我们暂时假设特斯拉今天的估值是正确的，并且电动汽车公司每年销售约 80 万辆汽车时，确实应该获得 6000 亿美元左右的市值，那么蔚来最终也可能达到这个目标，尽管不是在短期内。蔚来今年将销售约 9 万辆汽车，到 2025 年这一数字应该会增长到约 40 万辆。如果蔚来的销量在这一点后每年增长 15%，那么到 2030 年（即 9 年后），它可能会售出约 80 万辆汽车。如果想要假设更快的增长，每年 80 万辆汽车的大关也可能在 2030 年之前跨过，例如在 2028 年或 2029 年。如果我们现在真的选择 2030 年，那么按照与特斯拉类似的交付量与市值比率，蔚来到 2030 年的估值可能会超过 6000 亿美元。换句话说，如果我们假设当前的增长预测是现实的，并且类似特斯拉的估值是合适的，那么九年后蔚来的价值可能与特斯拉（今天）一样高。当然，这是两个主要的如果，尤其是第二点，我相信还远未确定。就我个人而言，看到特斯拉的估值压缩不会太惊讶，因此蔚来在 2030 年的市值可能远低于 6000 亿美元的水平，即使它继续大幅增长。蔚来汽车的增长也有可能令人失望，目前的预测过于乐观，尽管我认为蔚来凭借其独特的BaaS模式和在国内市场尤其知名的强大品牌，处于有利的增长位置。</blockquote></p><p> It should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.</p><p><blockquote>还需要注意的是，特斯拉2030年的市值可能与6000亿美元有很大不同，因此即使蔚来达到这个水平，也根本不能保证两家公司的市值相似。到那时，特斯拉的估值可能会更高，例如，如果方舟模型是正确的（我个人认为不太可能）。为了回答上述问题，人们可以说，蔚来可能在8-10年内价值数千亿美元，就像特斯拉一样，但这根本不能保证。即使发生了这种情况，到那时特斯拉的价值可能会高得多。</blockquote></p><p> <b>Is NIO A Good Stock To Buy Or Sell Now?</b></p><p><blockquote><b>蔚来现在是买入还是卖出的好股票？</b></blockquote></p><p> When considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.</p><p><blockquote>当将蔚来视为一项投资时，它最终是否会变得像特斯拉一样大或高估值并不重要。相反，投资者应该问问自己，未来几年他们可以预期的总回报是多少，以及这些预期回报相对于蔚来商业模式的风险是否足够高。关于这些风险，值得一提的是，该公司尚未盈利，这意味着蔚来依赖其资产负债表上的现金进行增长投资。最重要的是，电动汽车领域的竞争正在加剧，市场份额之争可能会在未来几年给利润率带来压力，尽管蔚来似乎由于其电池更换而处于相对有利的地位，我相信这是一个强大的卖点。最后但并非最不重要的一点是，该公司对中国本土市场的依赖是一个应牢记的潜在风险，尽管还应该指出的是，目前中国政府似乎对中国电动汽车公司非常宽容。</blockquote></p><p> One could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.</p><p><blockquote>有人可能会说，相对于传统汽车公司的估值，整个电动汽车行业的估值过高。与纯电动汽车相比，即使是大众或福特等拥有有吸引力的电动汽车产品的传统厂商也能享受巨大的折扣。但如果想投资电动汽车 pureplay，蔚来似乎并不是一个糟糕的选择。该公司结合了强大的品牌、独特的 BaaS 产品、高增长率以及与电动汽车之王特斯拉的估值相比折扣的股票交易。蔚来的收入略高于 2025 年的 3 倍，与其他电动汽车纯电动汽车相比似乎并不算太贵，尽管当然，这仍然代表着与传统厂商相比的溢价。如果蔚来能够很好地执行并继续推出深受消费者欢迎的新车型，从长远来看，其股价可能具有巨大的上涨潜力。如果电动汽车股票成为不受欢迎的投资，蔚来股票也可能有相当大的负面影响，然而，这并不是一个低风险的选择。根据您的风险承受能力，如果您想要高增长的电动汽车 pureplay，蔚来仍然很有价值。</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>Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks<blockquote>蔚来股票会追随特斯拉的脚步吗？这两只电动汽车股票之间需要考虑什么</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\">\nWill NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks<blockquote>蔚来股票会追随特斯拉的脚步吗？这两只电动汽车股票之间需要考虑什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-07-24 09:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.</li>  <li>NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.</li>  <li>NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f749c70c8a2af3e18d5f6cecc72bfbb\" tg-width=\"1536\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><span>ipopba/iStock via Getty Images</span></p><p><blockquote><ul><li>让我们来看看蔚来与今天的特斯拉相比如何，蔚来独特的卖点，以及两家公司之间的相似之处。</li><li>蔚来是一个高增长的选择，相对于特斯拉的估值，它似乎并不算太贵。</li><li>然而，蔚来并不是一只低风险股票，它可能不是每个人的好选择。投资者还应该考虑蔚来汽车相对于传统汽车公司的估值。</li></ul><p class=\"t-img-caption\"><span>ipopba/iStock 来自盖蒂图片社</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> NIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.</p><p><blockquote>蔚来（蔚来）是中国领先的电动汽车企业之一，通过有吸引力的品牌和独特的BaaS产品，吸引了消费者和投资者的极大兴趣。然而，如今该公司的规模仍然远小于目前引领全球电动汽车市场的特斯拉 (TSLA)。蔚来目前专注于国内市场，特斯拉还是一家小公司时也是如此，但蔚来也将努力在海外市场抢占市场份额。股价已经大幅上涨，但如果蔚来能够复制特斯拉的成功，这可能是完全合理的。</blockquote></p><p> <b>NIO And TSLA Stock Prices</b></p><p><blockquote><b>蔚来和特斯拉股价</b></blockquote></p><p> Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.</p><p><blockquote>2020 年，两家公司都受益于人们对电动汽车日益增长的兴趣，这一趋势导致大多数电动汽车纯玩家的股价迅速上涨。电动汽车市场份额不断增长、电动汽车购买补贴等宽松政策以及大规模货币刺激措施相结合，蔚来和特斯拉的股价迅速上涨。蔚来去年上涨了 245%，而特斯拉同期上涨了 101%。然而，这两家公司目前的股价均低于历史高点，该高点在 2021 年初触及，之后市场对电动汽车 pureplays 的情绪有所降温。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ff5ce865807df85283775d2293b41af\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> Taking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.</p><p><blockquote>快速浏览一下分析师的目标价，我们发现特斯拉的交易价格几乎完全符合共识，而蔚来的交易价格比分析师目标价低约 30%。如果分析师界是正确的，那么蔚来在这里是一个更好的投资，因为预计特斯拉的股价明年不会大幅上涨，而蔚来的分析师目标价有很大的上涨空间。</blockquote></p><p> <b>Is NIO Similar To Tesla?</b></p><p><blockquote><b>蔚来和特斯拉相似吗？</b></blockquote></p><p> The answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:</p><p><blockquote>这个问题的答案取决于你关注的是什么。这两家公司有相似之处，但也有不同之处。因此，人们可以说，在某些方面，这两者是相似的，但在其他方面，它们不是。让我们看几件事：</blockquote></p><p> <b>Business Model</b></p><p><blockquote><b>商业模式</b></blockquote></p><p> Both companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.</p><p><blockquote>两家公司都专注于电动汽车领域，尽管特斯拉多年来也一直在发展其他一些业务，例如储能。特斯拉的大部分收入是通过销售电动汽车产生的，这也是蔚来的运营方式。两家公司都专注于电动汽车的高端市场，销售与宝马、梅赛德斯和雷克萨斯等品牌竞争的高价汽车。两家公司都提供少量不同的车辆，特斯拉是众所周知的 S、X、3 和 Y，而蔚来则提供轿车 (ET7) 和三款 SUV (EC6、ES6、ES8)。尽管蔚来如今是一家规模较小的公司，但两家公司的车型阵容并没有太大区别。</blockquote></p><p> Both companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.</p><p><blockquote>两家公司都为客户提供某种类型的充电基础设施，就特斯拉而言，这就是增压器网络，特斯拉车主可以在其中为汽车充电，功率高达 250kW，具体取决于安装的增压器版本。蔚来正在采取不同的方法，为客户提供电池即服务解决方案。蔚来车主可以在蔚来充电站将电池更换为充满电的电池，这一过程只需几分钟，因此与特斯拉和其他电动汽车制造商提供的常规电动汽车充电相比要快得多。因此，BaaS在充电/更换时间方面具有优势，但应该注意的是，与蔚来的换电站相比，特斯拉的超级充电站在世界各地更为常见。在其他市场推出该功能将需要大量资本支出，但与包括特斯拉在内的所有其他电动汽车厂商所提供的产品相比，蔚来汽车的产品是一个独特的卖点。这是否最终会带来回报还有待观察，但随着电动汽车领域的竞争日益激烈，这可能成为蔚来的一大优势。</blockquote></p><p> <b>Size, growth, and valuation</b></p><p><blockquote><b>规模、增长和估值</b></blockquote></p><p></p><p> The two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.</p><p><blockquote>两家公司的规模差异很大，无论是在收入和汽车销量方面，还是在两家公司的市值方面。蔚来第二季度交付了22,000辆汽车，同比增长112%，年增长率约为90,000辆。与此同时，特斯拉在第二季度交付了 201,000 辆汽车，高于 2020 年第二季度的 103,000 辆汽车。这是同比的强劲增长，尽管略低于 100%，因此低于蔚来目前的增长率。</blockquote></p><p> Tesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:</p><p><blockquote>与蔚来相比，特斯拉每季度交付的汽车数量约为 9 倍，当我们查看两家公司的市值时，我们会发现这一比例几乎完全相同，因为特斯拉 6400 亿美元的市值约为 9 倍蔚来的 720 亿美元。在类似的增长率下，这将是完全有意义的，但看起来蔚来目前可能是更好的交易，因为它的估值相当，同时产生了更好的增长。未来几个季度尤其如此，特斯拉的增长预计将放缓：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a986ea65130206f99961a46ce6cfed55\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> Tesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.</p><p><blockquote>预计特斯拉的收入将从2021年的490亿美元增长到2023年的830亿美元，年增长率为30%。与此同时，蔚来预计其收入将在 2021 年至 2023 年间从 54 亿美元激增至 128 亿美元，年增长率为 54%。因此，相对而言，预计未来两年蔚来的增长速度将远远超过特斯拉。老实说，这并不奇怪，因为大数定律表明，对于一家公司来说，保持巨大的增长率变得越来越困难，而特斯拉现在似乎已经达到了这一点——每年增加 50% 以上的收入是不可能永远的。这甚至不一定是特斯拉的错，事实上，许多优质成长型公司都经历过同样的事情。但投资者仍然应该考虑这个重要事实——与我们过去看到的相比，特斯拉未来几年的增长将不那么令人兴奋，而蔚来等同行的增长速度更快。</blockquote></p><p> The same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).</p><p><blockquote>当我们从长远来看时，情况也是如此。蔚来 2025 年收入预期为 226 亿美元，比 2023 年预期再增长 80%，比分析师对 2021 年的预测增长 320%。与此同时，特斯拉预计 2025 年收入将达到 1225 亿美元，这是一个很大的数字，但比 2023 年增长相对较弱的 48%，比 2021 年总共增长 150%。因此，在 2021 年至 2025 年间，蔚来的收入将增长 4 倍，而特斯拉的收入将增长 2.5 倍——在其他条件相同的情况下，这是一个有意义的差异，应该可以让蔚来获得溢价估值，就像特斯拉值得拥有与大众汽车等传统参与者相比的溢价估值（OTCPK：VWAGY）。</blockquote></p><p> Looking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.</p><p><blockquote>将 2025 年的收入预测与两家公司目前的估值进行比较，我们发现蔚来的交易价格为 2025 年销售额的 3.2 倍，而特斯拉的 2025 年销售额倍数为 5.2。对于长期投资者来说，蔚来目前似乎更有价值，因为当我们展望未来时，它的销售倍数要低得多。然而，这并不一定意味着蔚来很便宜，因为与传统汽车公司的估值相比，即使是 2025 年 3.2 倍的销售倍数也相对较高。然而，蔚来看起来比特斯拉便宜，即使其股票绝对不便宜。</blockquote></p><p> <b>Can NIO Be Worth As Much As Tesla?</b></p><p><blockquote><b>蔚来能和特斯拉一样值钱吗？</b></blockquote></p><p> The answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly&nbsp;overpriced&nbsp;today, I personally believe that as well (Note that some will argue that shares are&nbsp;underpriced, which is also among the possibilities, although I do not hold that belief personally).</p><p><blockquote>这个问题的答案取决于你所关注的时间范围。如今，蔚来比特斯拉小得多，因此理所当然地以较小的市值进行交易。还应该指出的是，不能保证特斯拉的股票是电动汽车公司估值的一个很好的例子——至少，它的股票今天有可能被严重高估，我个人也相信这一点（请注意，有些人会认为股票价格被低估，这也是可能性之一，尽管我个人并不持有这种信念）。</blockquote></p><p></p><p> When we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.</p><p><blockquote>当我们暂时假设特斯拉今天的估值是正确的，并且电动汽车公司每年销售约 80 万辆汽车时，确实应该获得 6000 亿美元左右的市值，那么蔚来最终也可能达到这个目标，尽管不是在短期内。蔚来今年将销售约 9 万辆汽车，到 2025 年这一数字应该会增长到约 40 万辆。如果蔚来的销量在这一点后每年增长 15%，那么到 2030 年（即 9 年后），它可能会售出约 80 万辆汽车。如果想要假设更快的增长，每年 80 万辆汽车的大关也可能在 2030 年之前跨过，例如在 2028 年或 2029 年。如果我们现在真的选择 2030 年，那么按照与特斯拉类似的交付量与市值比率，蔚来到 2030 年的估值可能会超过 6000 亿美元。换句话说，如果我们假设当前的增长预测是现实的，并且类似特斯拉的估值是合适的，那么九年后蔚来的价值可能与特斯拉（今天）一样高。当然，这是两个主要的如果，尤其是第二点，我相信还远未确定。就我个人而言，看到特斯拉的估值压缩不会太惊讶，因此蔚来在 2030 年的市值可能远低于 6000 亿美元的水平，即使它继续大幅增长。蔚来汽车的增长也有可能令人失望，目前的预测过于乐观，尽管我认为蔚来凭借其独特的BaaS模式和在国内市场尤其知名的强大品牌，处于有利的增长位置。</blockquote></p><p> It should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.</p><p><blockquote>还需要注意的是，特斯拉2030年的市值可能与6000亿美元有很大不同，因此即使蔚来达到这个水平，也根本不能保证两家公司的市值相似。到那时，特斯拉的估值可能会更高，例如，如果方舟模型是正确的（我个人认为不太可能）。为了回答上述问题，人们可以说，蔚来可能在8-10年内价值数千亿美元，就像特斯拉一样，但这根本不能保证。即使发生了这种情况，到那时特斯拉的价值可能会高得多。</blockquote></p><p> <b>Is NIO A Good Stock To Buy Or Sell Now?</b></p><p><blockquote><b>蔚来现在是买入还是卖出的好股票？</b></blockquote></p><p> When considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.</p><p><blockquote>当将蔚来视为一项投资时，它最终是否会变得像特斯拉一样大或高估值并不重要。相反，投资者应该问问自己，未来几年他们可以预期的总回报是多少，以及这些预期回报相对于蔚来商业模式的风险是否足够高。关于这些风险，值得一提的是，该公司尚未盈利，这意味着蔚来依赖其资产负债表上的现金进行增长投资。最重要的是，电动汽车领域的竞争正在加剧，市场份额之争可能会在未来几年给利润率带来压力，尽管蔚来似乎由于其电池更换而处于相对有利的地位，我相信这是一个强大的卖点。最后但并非最不重要的一点是，该公司对中国本土市场的依赖是一个应牢记的潜在风险，尽管还应该指出的是，目前中国政府似乎对中国电动汽车公司非常宽容。</blockquote></p><p> One could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.</p><p><blockquote>有人可能会说，相对于传统汽车公司的估值，整个电动汽车行业的估值过高。与纯电动汽车相比，即使是大众或福特等拥有有吸引力的电动汽车产品的传统厂商也能享受巨大的折扣。但如果想投资电动汽车 pureplay，蔚来似乎并不是一个糟糕的选择。该公司结合了强大的品牌、独特的 BaaS 产品、高增长率以及与电动汽车之王特斯拉的估值相比折扣的股票交易。蔚来的收入略高于 2025 年的 3 倍，与其他电动汽车纯电动汽车相比似乎并不算太贵，尽管当然，这仍然代表着与传统厂商相比的溢价。如果蔚来能够很好地执行并继续推出深受消费者欢迎的新车型，从长远来看，其股价可能具有巨大的上涨潜力。如果电动汽车股票成为不受欢迎的投资，蔚来股票也可能有相当大的负面影响，然而，这并不是一个低风险的选择。根据您的风险承受能力，如果您想要高增长的电动汽车 pureplay，蔚来仍然很有价值。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks\">seekingalpha</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","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112927800","content_text":"Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.\nNIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.\n\nipopba/iStock via Getty Images\nArticle Thesis\nNIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.\nNIO And TSLA Stock Prices\nBoth companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.\nData by YCharts\nTaking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.\nIs NIO Similar To Tesla?\nThe answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:\nBusiness Model\nBoth companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.\nBoth companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.\nSize, growth, and valuation\nThe two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.\nTesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:\nData by YCharts\nTesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.\nThe same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).\nLooking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.\nCan NIO Be Worth As Much As Tesla?\nThe answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly overpriced today, I personally believe that as well (Note that some will argue that shares are underpriced, which is also among the possibilities, although I do not hold that belief personally).\nWhen we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.\nIt should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.\nIs NIO A Good Stock To Buy Or Sell Now?\nWhen considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.\nOne could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":993,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175951221,"gmtCreate":1627003741663,"gmtModify":1631891096493,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/175951221","repostId":"2153603378","repostType":4,"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176559132,"gmtCreate":1626909253026,"gmtModify":1631891096504,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Like thx","listText":"Like thx","text":"Like thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/176559132","repostId":"2153477496","repostType":4,"isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":117325355,"gmtCreate":1623118081377,"gmtModify":1634036745680,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Like and comment thanks","listText":"Like and comment thanks","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/117325355","repostId":"1188108131","repostType":4,"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152235769,"gmtCreate":1625295061251,"gmtModify":1633941634362,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Like thanks","listText":"Like thanks","text":"Like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/152235769","repostId":"1122056398","repostType":4,"repost":{"id":"1122056398","kind":"news","pubTimestamp":1625280707,"share":"https://www.laohunote.com/m/news/1122056398?lang=zh_CN&edition=full","pubTime":"2021-07-03 10:51","market":"us","language":"en","title":"These 15 stocks -- June's biggest losers -- could become July's winners<blockquote>这 15 只股票——6 月份跌幅最大的股票——可能成为 7 月份的赢家</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122056398","media":"MarketWatch","summary":"‘Short-term reversal strategy’ often does particularly well in July.\n\nJune’s worst stocks are good b","content":"<p>  <b>‘Short-term reversal strategy’ often does particularly well in July.</b>  June’s worst stocks are good bets to beat the U.S. market in in July.</p><p><blockquote><b>“短期反转策略 ”在七月往往表现得特别好。</b>6 月份表现最差的股票很有可能在 7 月份跑赢美国市场。</blockquote></p><p> That’s because portfolio window-dressing at the end of June will have made that month’s poor performers fall even further than they would have otherwise. It’s likely that once this artificial selling pressure disappears, these stocks will bounce back.</p><p><blockquote>这是因为 6 月底的投资组合窗口期将使当月表现不佳的公司比其他情况下进一步下滑。一旦这种人为的抛售压力消失，这些股票很可能会反弹。</blockquote></p><p> To be sure, window dressing is a powerful force on several occasions throughout the calendar, not just at this time of year. It should have the biggest impact at the end of December, since more investors look at their portfolio holdings in early January than in any other month of the year. Fund managers therefore go out of their way to sell their losers prior to Dec. 31 in order to avoid the embarrassment of having to report that they had ever owned them.</p><p><blockquote>可以肯定的是，窗户装饰在整个日历的几个场合都是一股强大的力量，而不仅仅是在一年中的这个时候。它应该会在 12 月底产生最大的影响，因为在 1 月初查看其投资组合持有量的投资者比一年中的任何其他月份都多。因此，基金经理们特意在 12 月 31 日之前出售亏损基金，以避免必须报告自己曾经拥有过这些基金的尴尬。</blockquote></p><p> Just the opposite is the case for stocks that managers buy for window dressing. These are the stocks that already have been performing well and which managers want to show in their end-of-quarter holdings report. Their cosmetic buying will cause these stocks to perform even better — which, in turn, results in them falling back to earth once the new quarter comes around.</p><p><blockquote>经理们购买用于装饰橱窗的股票的情况恰恰相反。这些股票已经表现良好，经理们希望在季度末持股报告中展示这些股票。他们购买化妆品将导致这些股票表现更好——这反过来又会导致它们在新季度到来后回落。</blockquote></p><p> As expected, January is the month in which the previous month’s worst performers fare best relative to the previous month’s best performers — a pattern known as the “short term reversal effect.” This is illustrated in the chart below, which reflects monthly data back to 1926. July is the second-most powerful month for this pattern. That also makes sense because, after January, July is the next most common time for investors to read through their brokerage statements.</p><p><blockquote>不出所料，1 月份是上个月表现最差的公司相对于上个月表现最好的公司表现最好的月份--这种模式被称为 “短期逆转效应”。下图说明了这一点，该图反映了 1926 年以来的月度数据。七月是这种模式第二强大的月份。这也是有道理的，因为继一月之后，七月是投资者通读经纪公司报表的下一个最常见的时间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6ac3a509127efd603df1d98de04774e7\" tg-width=\"620\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Also as expected, end-of-quarter window dressing is less of a factor at the end of the first- and third quarters. In fact, as you can see from the chart, the short-term reversal effect is even less dominant in April than in non-quarter-end months.</p><p><blockquote>同样正如预期的那样，季度末的窗口装饰在第一季度和第三季度末的影响较小。事实上，从图表中可以看出，短期反转效应在4月份甚至不如在非季度末月份占主导地位。</blockquote></p><p> <b>How to play the short-term reversal in July</b></p><p><blockquote><b>7月短期反转如何玩</b></blockquote></p><p> As is often the case, an exchange-traded fund has been created to exploit the short-term reversal effect. Vesper US Large Cap Short-Term Reversal Strategy ETFUTRN,“seeks to capitalize on the tendency for stocks that have experienced sharp recent sell-offs to experience near-term rebounds.”</p><p><blockquote>正如经常发生的情况一样，交易所交易基金的创建是为了利用短期反转效应。Vesper US 大盘股短期反转策略 ETFUTRN，“旨在利用近期经历大幅抛售的股票的趋势，实现近期反弹”。</blockquote></p><p> Because the fund was only recently created, in September 2018, the ETF’s average monthly returns since then are only suggestive of the long-term pattern. But its average return in July has been better (4.1%) than in any other month.</p><p><blockquote>由于该基金是在 2018 年 9 月才成立的，因此该 ETF 此后的平均月回报率只能说明其长期模式。但其7月份的平均回报率（4.1%）高于其他任何月份。</blockquote></p><p> For anyone interested in the individual stocks that performed the worst in June, I constructed the following list. I started with the 50 stocks in the S&amp;P 1500 index with the worst June returns, and then eliminated ones not currently recommended by any of the top-performing newsletters monitored by my newsletter-performance-tracking service.</p><p><blockquote>对于任何对 6 月份表现最差的个股感兴趣的人，我构建了以下列表。我从 S&amp;P 1500 指数中 6 月份回报最差的 50 只股票开始，然后剔除了我的时事通讯绩效跟踪服务监控的任何表现最佳的时事通讯目前没有推荐的股票。</blockquote></p><p> The 15 stocks listed below survived this winnowing process. I note that, on average, these 15 lost 15.4% during the month of June, versus a gain of 2.3% for the S&amp;P 500SPX.</p><p><blockquote>下面列出的 15 只股票在这一筛选过程中幸存下来。我注意到，这 15 只股票在 6 月份平均下跌 15.4%，而标准普尔 500SPX 指数上涨 2.3%。</blockquote></p><p> <ul>  <li>Adient PLC&nbsp;ADNT</li>  <li>Alaska Air Group&nbsp;ALK</li>  <li>Alliance Data Systems&nbsp;ADS</li>  <li>America’s Car Mart&nbsp;CRMT</li>  <li>ArcBest&nbsp;ARCB</li>  <li>Goodyear Tire &amp; Rubber&nbsp;GT</li>  <li>KB Home&nbsp;KBH</li>  <li>LCI Industries&nbsp;LCII</li>  <li>Mosaic &amp; Co&nbsp;.MOS</li>  <li>Medifast&nbsp;MED</li>  <li>Newmont Corp.&nbsp;NEM</li>  <li>Organon &amp; Co.&nbsp;OGN</li>  <li>Patrick Industries&nbsp;PATK</li>  <li>Regions Financial&nbsp;RF</li>  <li>Sabre&nbsp;SABR</li> </ul> I also note that these stocks have an average price/book value ratio of 3.3, which is well-below the 4.7 ratio for the S&amp;P 500. Having a below-average price/book ratio is the hallmark of a value stock, and it makes sense that value stocks will be favored by the short-term reversal strategy. That’s because value stocks significantly underperformed growth stocks in June — but their fortunes may soon change.</p><p><blockquote><ul><li>Adient PLC ADNT</li><li>阿拉斯加航空集团ALK</li><li>联盟数据系统广告</li><li>美国汽车市场CRMT</li><li>ArcBest ARCB</li><li>固特异轮胎橡胶 GT</li><li>KB主页KBH</li><li>LCI工业公司</li><li>马赛克公司</li><li>Medifast</li><li>纽蒙特公司</li><li>奥加农公司 OGN</li><li>帕特里克工业公司</li><li>区域金融RF</li><li>军刀军刀</li></ul>我还注意到，这些股票的平均市净率为3.3，远低于标普500的4.7。市净率低于平均水平是价值股的标志，价值股受到短期反转策略的青睐是有道理的。这是因为价值股在 6 月份的表现明显逊于成长股，但它们的命运可能很快就会改变。</blockquote></p><p></p>","source":"lsy1603348471595","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>These 15 stocks -- June's biggest losers -- could become July's winners<blockquote>这 15 只股票——6 月份跌幅最大的股票——可能成为 7 月份的赢家</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\">\nThese 15 stocks -- June's biggest losers -- could become July's winners<blockquote>这 15 只股票——6 月份跌幅最大的股票——可能成为 7 月份的赢家</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-03 10:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>‘Short-term reversal strategy’ often does particularly well in July.</b>  June’s worst stocks are good bets to beat the U.S. market in in July.</p><p><blockquote><b>“短期反转策略 ”在七月往往表现得特别好。</b>6 月份表现最差的股票很有可能在 7 月份跑赢美国市场。</blockquote></p><p> That’s because portfolio window-dressing at the end of June will have made that month’s poor performers fall even further than they would have otherwise. It’s likely that once this artificial selling pressure disappears, these stocks will bounce back.</p><p><blockquote>这是因为 6 月底的投资组合窗口期将使当月表现不佳的公司比其他情况下进一步下滑。一旦这种人为的抛售压力消失，这些股票很可能会反弹。</blockquote></p><p> To be sure, window dressing is a powerful force on several occasions throughout the calendar, not just at this time of year. It should have the biggest impact at the end of December, since more investors look at their portfolio holdings in early January than in any other month of the year. Fund managers therefore go out of their way to sell their losers prior to Dec. 31 in order to avoid the embarrassment of having to report that they had ever owned them.</p><p><blockquote>可以肯定的是，窗户装饰在整个日历的几个场合都是一股强大的力量，而不仅仅是在一年中的这个时候。它应该会在 12 月底产生最大的影响，因为在 1 月初查看其投资组合持有量的投资者比一年中的任何其他月份都多。因此，基金经理们特意在 12 月 31 日之前出售亏损基金，以避免必须报告自己曾经拥有过这些基金的尴尬。</blockquote></p><p> Just the opposite is the case for stocks that managers buy for window dressing. These are the stocks that already have been performing well and which managers want to show in their end-of-quarter holdings report. Their cosmetic buying will cause these stocks to perform even better — which, in turn, results in them falling back to earth once the new quarter comes around.</p><p><blockquote>经理们购买用于装饰橱窗的股票的情况恰恰相反。这些股票已经表现良好，经理们希望在季度末持股报告中展示这些股票。他们购买化妆品将导致这些股票表现更好——这反过来又会导致它们在新季度到来后回落。</blockquote></p><p> As expected, January is the month in which the previous month’s worst performers fare best relative to the previous month’s best performers — a pattern known as the “short term reversal effect.” This is illustrated in the chart below, which reflects monthly data back to 1926. July is the second-most powerful month for this pattern. That also makes sense because, after January, July is the next most common time for investors to read through their brokerage statements.</p><p><blockquote>不出所料，1 月份是上个月表现最差的公司相对于上个月表现最好的公司表现最好的月份--这种模式被称为 “短期逆转效应”。下图说明了这一点，该图反映了 1926 年以来的月度数据。七月是这种模式第二强大的月份。这也是有道理的，因为继一月之后，七月是投资者通读经纪公司报表的下一个最常见的时间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6ac3a509127efd603df1d98de04774e7\" tg-width=\"620\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Also as expected, end-of-quarter window dressing is less of a factor at the end of the first- and third quarters. In fact, as you can see from the chart, the short-term reversal effect is even less dominant in April than in non-quarter-end months.</p><p><blockquote>同样正如预期的那样，季度末的窗口装饰在第一季度和第三季度末的影响较小。事实上，从图表中可以看出，短期反转效应在4月份甚至不如在非季度末月份占主导地位。</blockquote></p><p> <b>How to play the short-term reversal in July</b></p><p><blockquote><b>7月短期反转如何玩</b></blockquote></p><p> As is often the case, an exchange-traded fund has been created to exploit the short-term reversal effect. Vesper US Large Cap Short-Term Reversal Strategy ETFUTRN,“seeks to capitalize on the tendency for stocks that have experienced sharp recent sell-offs to experience near-term rebounds.”</p><p><blockquote>正如经常发生的情况一样，交易所交易基金的创建是为了利用短期反转效应。Vesper US 大盘股短期反转策略 ETFUTRN，“旨在利用近期经历大幅抛售的股票的趋势，实现近期反弹”。</blockquote></p><p> Because the fund was only recently created, in September 2018, the ETF’s average monthly returns since then are only suggestive of the long-term pattern. But its average return in July has been better (4.1%) than in any other month.</p><p><blockquote>由于该基金是在 2018 年 9 月才成立的，因此该 ETF 此后的平均月回报率只能说明其长期模式。但其7月份的平均回报率（4.1%）高于其他任何月份。</blockquote></p><p> For anyone interested in the individual stocks that performed the worst in June, I constructed the following list. I started with the 50 stocks in the S&amp;P 1500 index with the worst June returns, and then eliminated ones not currently recommended by any of the top-performing newsletters monitored by my newsletter-performance-tracking service.</p><p><blockquote>对于任何对 6 月份表现最差的个股感兴趣的人，我构建了以下列表。我从 S&amp;P 1500 指数中 6 月份回报最差的 50 只股票开始，然后剔除了我的时事通讯绩效跟踪服务监控的任何表现最佳的时事通讯目前没有推荐的股票。</blockquote></p><p> The 15 stocks listed below survived this winnowing process. I note that, on average, these 15 lost 15.4% during the month of June, versus a gain of 2.3% for the S&amp;P 500SPX.</p><p><blockquote>下面列出的 15 只股票在这一筛选过程中幸存下来。我注意到，这 15 只股票在 6 月份平均下跌 15.4%，而标准普尔 500SPX 指数上涨 2.3%。</blockquote></p><p> <ul>  <li>Adient PLC&nbsp;ADNT</li>  <li>Alaska Air Group&nbsp;ALK</li>  <li>Alliance Data Systems&nbsp;ADS</li>  <li>America’s Car Mart&nbsp;CRMT</li>  <li>ArcBest&nbsp;ARCB</li>  <li>Goodyear Tire &amp; Rubber&nbsp;GT</li>  <li>KB Home&nbsp;KBH</li>  <li>LCI Industries&nbsp;LCII</li>  <li>Mosaic &amp; Co&nbsp;.MOS</li>  <li>Medifast&nbsp;MED</li>  <li>Newmont Corp.&nbsp;NEM</li>  <li>Organon &amp; Co.&nbsp;OGN</li>  <li>Patrick Industries&nbsp;PATK</li>  <li>Regions Financial&nbsp;RF</li>  <li>Sabre&nbsp;SABR</li> </ul> I also note that these stocks have an average price/book value ratio of 3.3, which is well-below the 4.7 ratio for the S&amp;P 500. Having a below-average price/book ratio is the hallmark of a value stock, and it makes sense that value stocks will be favored by the short-term reversal strategy. That’s because value stocks significantly underperformed growth stocks in June — but their fortunes may soon change.</p><p><blockquote><ul><li>Adient PLC ADNT</li><li>阿拉斯加航空集团ALK</li><li>联盟数据系统广告</li><li>美国汽车市场CRMT</li><li>ArcBest ARCB</li><li>固特异轮胎橡胶 GT</li><li>KB主页KBH</li><li>LCI工业公司</li><li>马赛克公司</li><li>Medifast</li><li>纽蒙特公司</li><li>奥加农公司 OGN</li><li>帕特里克工业公司</li><li>区域金融RF</li><li>军刀军刀</li></ul>我还注意到，这些股票的平均市净率为3.3，远低于标普500的4.7。市净率低于平均水平是价值股的标志，价值股受到短期反转策略的青睐是有道理的。这是因为价值股在 6 月份的表现明显逊于成长股，但它们的命运可能很快就会改变。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/these-15-stocks-junes-biggest-losers-could-become-julys-winners-11625238769?mod=home-page\">MarketWatch</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":{"ALK":"阿拉斯加航空集团有限公司","MOS":"美国美盛","SABR":"Sabre Corporation","ARCB":"ArcBest Corporation","MED":"快验保","ADNT":"Adient PLC","KBH":"KB Home","NEM":"纽曼矿业","PATK":"Patrick Industries","LCII":"LCI Industries","OGN":"Organon & Co","GT":"固特异轮胎橡胶公司","CRMT":"美国汽车行","RF":"地区金融"},"source_url":"https://www.marketwatch.com/story/these-15-stocks-junes-biggest-losers-could-become-julys-winners-11625238769?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122056398","content_text":"‘Short-term reversal strategy’ often does particularly well in July.\n\nJune’s worst stocks are good bets to beat the U.S. market in in July.\nThat’s because portfolio window-dressing at the end of June will have made that month’s poor performers fall even further than they would have otherwise. It’s likely that once this artificial selling pressure disappears, these stocks will bounce back.\nTo be sure, window dressing is a powerful force on several occasions throughout the calendar, not just at this time of year. It should have the biggest impact at the end of December, since more investors look at their portfolio holdings in early January than in any other month of the year. Fund managers therefore go out of their way to sell their losers prior to Dec. 31 in order to avoid the embarrassment of having to report that they had ever owned them.\nJust the opposite is the case for stocks that managers buy for window dressing. These are the stocks that already have been performing well and which managers want to show in their end-of-quarter holdings report. Their cosmetic buying will cause these stocks to perform even better — which, in turn, results in them falling back to earth once the new quarter comes around.\nAs expected, January is the month in which the previous month’s worst performers fare best relative to the previous month’s best performers — a pattern known as the “short term reversal effect.” This is illustrated in the chart below, which reflects monthly data back to 1926. July is the second-most powerful month for this pattern. That also makes sense because, after January, July is the next most common time for investors to read through their brokerage statements.\n\nAlso as expected, end-of-quarter window dressing is less of a factor at the end of the first- and third quarters. In fact, as you can see from the chart, the short-term reversal effect is even less dominant in April than in non-quarter-end months.\nHow to play the short-term reversal in July\nAs is often the case, an exchange-traded fund has been created to exploit the short-term reversal effect. Vesper US Large Cap Short-Term Reversal Strategy ETFUTRN,“seeks to capitalize on the tendency for stocks that have experienced sharp recent sell-offs to experience near-term rebounds.”\nBecause the fund was only recently created, in September 2018, the ETF’s average monthly returns since then are only suggestive of the long-term pattern. But its average return in July has been better (4.1%) than in any other month.\nFor anyone interested in the individual stocks that performed the worst in June, I constructed the following list. I started with the 50 stocks in the S&P 1500 index with the worst June returns, and then eliminated ones not currently recommended by any of the top-performing newsletters monitored by my newsletter-performance-tracking service.\nThe 15 stocks listed below survived this winnowing process. I note that, on average, these 15 lost 15.4% during the month of June, versus a gain of 2.3% for the S&P 500SPX.\n\nAdient PLC ADNT\nAlaska Air Group ALK\nAlliance Data Systems ADS\nAmerica’s Car Mart CRMT\nArcBest ARCB\nGoodyear Tire & Rubber GT\nKB Home KBH\nLCI Industries LCII\nMosaic & Co .MOS\nMedifast MED\nNewmont Corp. NEM\nOrganon & Co. OGN\nPatrick Industries PATK\nRegions Financial RF\nSabre SABR\n\nI also note that these stocks have an average price/book value ratio of 3.3, which is well-below the 4.7 ratio for the S&P 500. Having a below-average price/book ratio is the hallmark of a value stock, and it makes sense that value stocks will be favored by the short-term reversal strategy. That’s because value stocks significantly underperformed growth stocks in June — but their fortunes may soon change.","news_type":1,"symbols_score_info":{"LCII":0.9,"OGN":0.9,"CRMT":0.9,"MED":0.9,"PATK":0.9,"ADNT":0.9,"RF":0.9,"MOS":0.9,"GT":0.9,"ADS":0.9,"SABR":0.9,"NEM":0.9,"ARCB":0.9,"ALK":0.9,"KBH":0.9}},"isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180619663,"gmtCreate":1623201303552,"gmtModify":1634035889607,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Like and comment thanks","listText":"Like and comment thanks","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/180619663","repostId":"1148360854","repostType":4,"repost":{"id":"1148360854","kind":"news","pubTimestamp":1623195944,"share":"https://www.laohunote.com/m/news/1148360854?lang=zh_CN&edition=full","pubTime":"2021-06-09 07:45","market":"us","language":"en","title":"Clover Health Roars to Record as Short Sellers Get Burned<blockquote>随着卖空者被烧毁，Clover Health 创下纪录</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148360854","media":"Bloomberg","summary":"(Bloomberg) -- Clover Health Inc., a health insurer backed by venture capitalist Chamath Palihapitiy","content":"<p><div> (Bloomberg) -- Clover Health Inc., a health insurer backed by venture capitalist Chamath Palihapitiya, was swept up in meme-stock mania on Tuesday, posting a second day of wild gains as retail ...</p><p><blockquote><div>（彭博）-由风险投资家Chamath Palihapitiya支持的健康保险公司Clover Health Inc.周二被迷因股票狂热席卷，零售股连续第二天大幅上涨……</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/palihapitiya-clover-roars-record-short-143312310.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/palihapitiya-clover-roars-record-short-143312310.html\">网页连接</a></blockquote></p><p></p>","source":"lsy1612507957220","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>Clover Health Roars to Record as Short Sellers Get Burned<blockquote>随着卖空者被烧毁，Clover Health 创下纪录</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\">\nClover Health Roars to Record as Short Sellers Get Burned<blockquote>随着卖空者被烧毁，Clover Health 创下纪录</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-06-09 07:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> (Bloomberg) -- Clover Health Inc., a health insurer backed by venture capitalist Chamath Palihapitiya, was swept up in meme-stock mania on Tuesday, posting a second day of wild gains as retail ...</p><p><blockquote><div>（彭博）-由风险投资家Chamath Palihapitiya支持的健康保险公司Clover Health Inc.周二被迷因股票狂热席卷，零售股连续第二天大幅上涨……</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/palihapitiya-clover-roars-record-short-143312310.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/palihapitiya-clover-roars-record-short-143312310.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/palihapitiya-clover-roars-record-short-143312310.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp"},"source_url":"https://finance.yahoo.com/news/palihapitiya-clover-roars-record-short-143312310.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148360854","content_text":"(Bloomberg) -- Clover Health Inc., a health insurer backed by venture capitalist Chamath Palihapitiya, was swept up in meme-stock mania on Tuesday, posting a second day of wild gains as retail investors banded together to punish short-sellers betting against the company.Clover rallied 86% to close at $22.15 in New York trading after briefly doubling intraday. The gains erased five months of losses in the stock -- which formed part of a broader selloff in Palihapitiya-backed companies -- in just two days. Trading volume in Clover was more than 29 times the three-month daily average on Tuesday, with a record 718 million shares changing hands.The sudden flurry of demand comes after retail traders realized that short-sellers had been swelling their bets against Clover, a move that left them vulnerable if the stock were to start rallying. The stock’s story -- like many retail plays -- has left behind fundamentals with shares trading above $20, that’s more than twice the average analyst estimate.On the Reddit forum WallStreetBets, chatter has built this week on the potential for a short-squeeze in the stock, following similar successful ploys on meme stocks including Workhorse Group Inc. and Richard Branson’s space exploration company Virgin Galactic Holdings Inc., which advanced 12% and 8.1%, respectively.Bearish bets in Clover have been steadily climbing since March and now stand at over $580 million or 44% of the public float, according to data from S3 Partners. Daytraders also touted the stock’s potential inclusion into the Russell indices -- a rebalancing of those benchmarks is expected toward the end of June.Read more: AMC, Wendy’s Lead Rally as Meme Stocks Rise for a Second Day“Short sellers appear to be shorting into a rising market and overheated stocks, they are looking for a pullback off of these elevated levels,” said Ihor Dusaniwsky, S3’s managing director of predictive analytics.Short sellers were down about $465 million on today’s move for a year-to-date loss of $517 million, he said.Clover declined to comment on the moves.Meme AdvanceOther retail-trader favorites, such as AMC Entertainment Holdings Inc. and GameStop Corp., see-sawed on Tuesday amid heavy volume. Wendy’s Co., the latest addition to the retail-trader frenzy, climbed to a record amid touts on Reddit.“The power of the network effect of social media entices more people to get involved, so then they start broadening their horizons, looking for other names that have high short interest and things like that,” said Michael O’Rourke, chief market strategist at JonesTrading.Before June, Clover saw its value split in half, with the once-hot market for companies brought to the market via SPACs, or blank-check companies, cooling off amid increased regulatory oversight.The outspoken Palihapitiya has remained undaunted. He plans to list 26 blank-check companies -- one for each letter of the alphabet -- and he kicked off with four new companies targeting the biotech sector last week. Clover is now up more than 30% for the year after a six-day winning streak.Clover’s head, Vivek Garipalli, who started off as a daytrader two decades ago, has embraced the support from retail investors.“We are a big believer in the retail investor community,” Garipall said on the company’s earnings call in May, one which invited Reddit users to participate.Clover shares surged more than 7% in the after hour trading.","news_type":1,"symbols_score_info":{"CLOV":0.9}},"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":879693081,"gmtCreate":1636712356998,"gmtModify":1636712357118,"author":{"id":"3582010686766598","authorId":"3582010686766598","name":"Lululimmok","avatar":"https://static.tigerbbs.com/fcb4102cffc589f4ab17c35dd6217cf0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582010686766598","authorIdStr":"3582010686766598"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879693081","repostId":"1149114679","repostType":4,"repost":{"id":"1149114679","kind":"news","pubTimestamp":1636711266,"share":"https://www.laohunote.com/m/news/1149114679?lang=zh_CN&edition=full","pubTime":"2021-11-12 18:01","market":"us","language":"en","title":"Paytm's $2.5 billion IPO mints new millionaires in India<blockquote>Paytm 25亿美元IPO在印度造就了新的百万富翁</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1149114679","media":"Reuters","summary":"Indian electronics engineer Siddharth Pandey will become a millionaire after the country's biggest e","content":"<p>Indian electronics engineer Siddharth Pandey will become a millionaire after the country's biggest ever public issue, but he says he had to overcome his father's opposition to join fintech firm Paytm when it was a fledgling start-up nine years ago.</p><p><blockquote>印度电子工程师 Siddharth Pandey 将在该国有史以来最大的公开发行后成为百万富翁，但他表示，他必须克服父亲的反对，加入金融科技公司 Paytm，当时该公司九年前还是一家羽翼未丰的初创公司。</blockquote></p><p> About 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees ($134,401.38) after Paytm's $2.5 billion IPO, a source in the company told Reuters. Many, like Pandey, will become dollar millionaires when the company lists next week.</p><p><blockquote>Paytm 的一位消息人士告诉路透社，在 Paytm 25 亿美元 IPO 后，约 350 名现任和前任员工的净资产将至少达到 1000 万印度卢比（134,401.38 美元）。当公司下周上市时，许多人，比如潘迪，将成为百万富翁。</blockquote></p><p> Those rewards are huge in a country where the per capita income is below $2,000.</p><p><blockquote>在一个人均收入低于2000美元的国家，这些回报是巨大的。</blockquote></p><p> Pandey, now 39, is no longer with the company and is working at another start-up that he declined to identify. But he says his seven-year stint at Paytm left him with tens of thousands of shares.</p><p><blockquote>现年39岁的潘迪不再在该公司工作，而是在另一家他拒绝透露姓名的初创公司工作。但他表示，他在 Paytm 的七年任期给他留下了数万股股票。</blockquote></p><p> He declined to give details, but the shares were priced at 2,150 rupees ($28.9) apiece on Friday. Pandey said he would be worth more than $1 million.</p><p><blockquote>他拒绝透露细节，但周五该股定价为每股 2,150 卢比（28.9 美元）。潘迪说他的身价将超过100万美元。</blockquote></p><p> \"My dad was very demotivating. He said, 'What is this Paytime?!',\" Pandey told Reuters, referring to the time he joined Paytm in 2013.</p><p><blockquote>“我爸爸非常沮丧。他说，‘这是什么付费时间？!’，”潘迪告诉路透社，他指的是 2013 年加入 Paytm 的时间。</blockquote></p><p> \"'For once work in a company people know about,' my father said.\"</p><p><blockquote>“‘这一次在一家人们都知道的公司工作，’我父亲说。”</blockquote></p><p> \"Now he (my father) is obviously very happy. He has just asked me to stay grounded,\" said Pandey, who is from Uttar Pradesh, the country's most populous state and one of its poorest.</p><p><blockquote>“现在他（我父亲）显然很高兴。他只是要求我保持脚踏实地，”潘迪说，他来自北方邦，北方邦是该国人口最多的邦，也是最贫穷的邦之一。</blockquote></p><p> When Pandey joined Paytm it was primarily a small payments company with fewer than 1,000 staff. Today the firm has more than 10,000 employees and offers a range of services from banking, shopping, movie and travel ticketing to gaming.</p><p><blockquote>当Pandey加入Paytm时，它主要是一家员工不到1000人的小型支付公司。如今，该公司拥有 10,000 多名员工，提供从银行、购物、电影和旅游票务到游戏等一系列服务。</blockquote></p><p> To celebrate, Pandey says he took his father on a five-day luxury trip to Udaipur, a popular tourist destination in the desert state of Rajasthan in September, spending roughly 400,000 rupees ($5,376).</p><p><blockquote>潘迪说，为了庆祝，他在9月份带父亲去了沙漠邦拉贾斯坦邦的热门旅游目的地乌代布尔进行了为期五天的豪华旅行，花费了大约40万卢比（5376美元）。</blockquote></p><p> \"Paytm has always been a generous paymaster. Vijay (Sharma, the Paytm founder) has always wanted that people make money, they move up in life,\" Pandey said.</p><p><blockquote>“Paytm 一直是一位慷慨的出纳员。维杰（Paytm 创始人夏尔马）一直希望人们赚钱，他们在生活中取得进步，”潘迪说。</blockquote></p><p> Married and with two children, he says that the windfall will allow him to work in startups where he is not entirely focused on his income or even help him get back into academics.</p><p><blockquote>他已婚，有两个孩子，他说这笔意外之财将使他能够在初创公司工作，在那里他不完全关注自己的收入，甚至可以帮助他重返学术界。</blockquote></p><p> \"Part of the money goes into my retirement fund and I will use a large part of it for my kids' education,\" he said. ($1=74.40 Indian rupees)</p><p><blockquote>“一部分钱进入我的退休基金，我将用其中的很大一部分用于我孩子的教育，”他说。（1美元=74.40印度卢比）</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>Paytm's $2.5 billion IPO mints new millionaires in India<blockquote>Paytm 25亿美元IPO在印度造就了新的百万富翁</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\">\nPaytm's $2.5 billion IPO mints new millionaires in India<blockquote>Paytm 25亿美元IPO在印度造就了新的百万富翁</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-11-12 18:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Indian electronics engineer Siddharth Pandey will become a millionaire after the country's biggest ever public issue, but he says he had to overcome his father's opposition to join fintech firm Paytm when it was a fledgling start-up nine years ago.</p><p><blockquote>印度电子工程师 Siddharth Pandey 将在该国有史以来最大的公开发行后成为百万富翁，但他表示，他必须克服父亲的反对，加入金融科技公司 Paytm，当时该公司九年前还是一家羽翼未丰的初创公司。</blockquote></p><p> About 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees ($134,401.38) after Paytm's $2.5 billion IPO, a source in the company told Reuters. Many, like Pandey, will become dollar millionaires when the company lists next week.</p><p><blockquote>Paytm 的一位消息人士告诉路透社，在 Paytm 25 亿美元 IPO 后，约 350 名现任和前任员工的净资产将至少达到 1000 万印度卢比（134,401.38 美元）。当公司下周上市时，许多人，比如潘迪，将成为百万富翁。</blockquote></p><p> Those rewards are huge in a country where the per capita income is below $2,000.</p><p><blockquote>在一个人均收入低于2000美元的国家，这些回报是巨大的。</blockquote></p><p> Pandey, now 39, is no longer with the company and is working at another start-up that he declined to identify. But he says his seven-year stint at Paytm left him with tens of thousands of shares.</p><p><blockquote>现年39岁的潘迪不再在该公司工作，而是在另一家他拒绝透露姓名的初创公司工作。但他表示，他在 Paytm 的七年任期给他留下了数万股股票。</blockquote></p><p> He declined to give details, but the shares were priced at 2,150 rupees ($28.9) apiece on Friday. Pandey said he would be worth more than $1 million.</p><p><blockquote>他拒绝透露细节，但周五该股定价为每股 2,150 卢比（28.9 美元）。潘迪说他的身价将超过100万美元。</blockquote></p><p> \"My dad was very demotivating. He said, 'What is this Paytime?!',\" Pandey told Reuters, referring to the time he joined Paytm in 2013.</p><p><blockquote>“我爸爸非常沮丧。他说，‘这是什么付费时间？!’，”潘迪告诉路透社，他指的是 2013 年加入 Paytm 的时间。</blockquote></p><p> \"'For once work in a company people know about,' my father said.\"</p><p><blockquote>“‘这一次在一家人们都知道的公司工作，’我父亲说。”</blockquote></p><p> \"Now he (my father) is obviously very happy. He has just asked me to stay grounded,\" said Pandey, who is from Uttar Pradesh, the country's most populous state and one of its poorest.</p><p><blockquote>“现在他（我父亲）显然很高兴。他只是要求我保持脚踏实地，”潘迪说，他来自北方邦，北方邦是该国人口最多的邦，也是最贫穷的邦之一。</blockquote></p><p> When Pandey joined Paytm it was primarily a small payments company with fewer than 1,000 staff. Today the firm has more than 10,000 employees and offers a range of services from banking, shopping, movie and travel ticketing to gaming.</p><p><blockquote>当Pandey加入Paytm时，它主要是一家员工不到1000人的小型支付公司。如今，该公司拥有 10,000 多名员工，提供从银行、购物、电影和旅游票务到游戏等一系列服务。</blockquote></p><p> To celebrate, Pandey says he took his father on a five-day luxury trip to Udaipur, a popular tourist destination in the desert state of Rajasthan in September, spending roughly 400,000 rupees ($5,376).</p><p><blockquote>潘迪说，为了庆祝，他在9月份带父亲去了沙漠邦拉贾斯坦邦的热门旅游目的地乌代布尔进行了为期五天的豪华旅行，花费了大约40万卢比（5376美元）。</blockquote></p><p> \"Paytm has always been a generous paymaster. Vijay (Sharma, the Paytm founder) has always wanted that people make money, they move up in life,\" Pandey said.</p><p><blockquote>“Paytm 一直是一位慷慨的出纳员。维杰（Paytm 创始人夏尔马）一直希望人们赚钱，他们在生活中取得进步，”潘迪说。</blockquote></p><p> Married and with two children, he says that the windfall will allow him to work in startups where he is not entirely focused on his income or even help him get back into academics.</p><p><blockquote>他已婚，有两个孩子，他说这笔意外之财将使他能够在初创公司工作，在那里他不完全关注自己的收入，甚至可以帮助他重返学术界。</blockquote></p><p> \"Part of the money goes into my retirement fund and I will use a large part of it for my kids' education,\" he said. ($1=74.40 Indian rupees)</p><p><blockquote>“一部分钱进入我的退休基金，我将用其中的很大一部分用于我孩子的教育，”他说。（1美元=74.40印度卢比）</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/paytms-2-5-billion-ipo-094908047.html\">Reuters</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":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/paytms-2-5-billion-ipo-094908047.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149114679","content_text":"Indian electronics engineer Siddharth Pandey will become a millionaire after the country's biggest ever public issue, but he says he had to overcome his father's opposition to join fintech firm Paytm when it was a fledgling start-up nine years ago.\nAbout 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees ($134,401.38) after Paytm's $2.5 billion IPO, a source in the company told Reuters. Many, like Pandey, will become dollar millionaires when the company lists next week.\nThose rewards are huge in a country where the per capita income is below $2,000.\nPandey, now 39, is no longer with the company and is working at another start-up that he declined to identify. But he says his seven-year stint at Paytm left him with tens of thousands of shares.\nHe declined to give details, but the shares were priced at 2,150 rupees ($28.9) apiece on Friday. Pandey said he would be worth more than $1 million.\n\"My dad was very demotivating. He said, 'What is this Paytime?!',\" Pandey told Reuters, referring to the time he joined Paytm in 2013.\n\"'For once work in a company people know about,' my father said.\"\n\"Now he (my father) is obviously very happy. He has just asked me to stay grounded,\" said Pandey, who is from Uttar Pradesh, the country's most populous state and one of its poorest.\nWhen Pandey joined Paytm it was primarily a small payments company with fewer than 1,000 staff. Today the firm has more than 10,000 employees and offers a range of services from banking, shopping, movie and travel ticketing to gaming.\nTo celebrate, Pandey says he took his father on a five-day luxury trip to Udaipur, a popular tourist destination in the desert state of Rajasthan in September, spending roughly 400,000 rupees ($5,376).\n\"Paytm has always been a generous paymaster. Vijay (Sharma, the Paytm founder) has always wanted that people make money, they move up in life,\" Pandey said.\nMarried and with two children, he says that the windfall will allow him to work in startups where he is not entirely focused on his income or even help him get back into academics.\n\"Part of the money goes into my retirement fund and I will use a large part of it for my kids' education,\" he said. 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