社区
首页
集团介绍
社区
资讯
行情
学堂
TigerAI
登录
注册
Jazim
IP属地：未知
+关注
帖子 · 208
帖子 · 208
关注 · 0
关注 · 0
粉丝 · 0
粉丝 · 0
Jazim
Jazim
·
2021-12-30
Okay
非常抱歉，此主贴已删除
看
2,883
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
Jazim
Jazim
·
2021-12-28
Okay
Why AMD Stock Lit Up Today<blockquote>为什么AMD股票今天上涨</blockquote>
What happened Semiconductor giantAdvanced Micro Devices(NASDAQ:AMD)stock is up a solid 5.7% as of 2:
Why AMD Stock Lit Up Today<blockquote>为什么AMD股票今天上涨</blockquote>
看
3,084
回复
评论
点赞
3
编组 21备份 2
分享
举报
Jazim
Jazim
·
2021-12-28
Okay
Grab stock climbed more than 3% in premarket trading<blockquote>Grab股价在盘前交易中上涨超过3%</blockquote>
Grab stock climbed more than 3% in premarket trading as Wall Street saw massive upside for Asian tec
Grab stock climbed more than 3% in premarket trading<blockquote>Grab股价在盘前交易中上涨超过3%</blockquote>
看
3,254
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
Jazim
Jazim
·
2021-12-28
Okay
EV stocks mixed in morning trading<blockquote>电动汽车股早盘涨跌互现</blockquote>
EV stocks mixed in morning trading.Tesla,Nikola,NIO,Xpeng Motors and Li Auto climbed between 1% and
EV stocks mixed in morning trading<blockquote>电动汽车股早盘涨跌互现</blockquote>
看
2,954
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
Jazim
Jazim
·
2021-12-27
Okay
非常抱歉，此主贴已删除
看
2,601
回复
评论
点赞
1
编组 21备份 2
分享
举报
Jazim
Jazim
·
2021-12-25
Okay
Sea Limited: An Early Christmas Gift<blockquote>Sea Limited：一份提前的圣诞礼物</blockquote>
Summary Sea Limited is a growing company in a growing economy. At this stage, the company should be
Sea Limited: An Early Christmas Gift<blockquote>Sea Limited：一份提前的圣诞礼物</blockquote>
看
2,629
回复
评论
点赞
2
编组 21备份 2
分享
举报
Jazim
Jazim
·
2021-12-25
Bad
非常抱歉，此主贴已删除
看
2,952
回复
1
点赞
2
编组 21备份 2
分享
举报
Jazim
Jazim
·
2021-12-25
Okay
非常抱歉，此主贴已删除
看
3,138
回复
评论
点赞
2
编组 21备份 2
分享
举报
Jazim
Jazim
·
2021-12-24
Okay
Singapore Stock Market Has A Green Light For Friday's Trade<blockquote>新加坡股市周五交易开绿灯</blockquote>
The Singapore stock market has finished higher in three straight sessions, gathering almost 25 point
Singapore Stock Market Has A Green Light For Friday's Trade<blockquote>新加坡股市周五交易开绿灯</blockquote>
看
2,438
回复
评论
点赞
3
编组 21备份 2
分享
举报
Jazim
Jazim
·
2021-12-24
Okay
非常抱歉，此主贴已删除
看
2,944
回复
1
点赞
3
编组 21备份 2
分享
举报
加载更多
热议股票
{"i18n":{"language":"zh_CN"},"isCurrentUser":false,"userPageInfo":{"id":"4091925166419540","uuid":"4091925166419540","gmtCreate":1628851632920,"gmtModify":1636112380723,"name":"Jazim","pinyin":"jazim","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":31,"headSize":62,"tweetSize":208,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.10","exceedPercentage":"93.11%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"228c86a078844d74991fff2b7ab2428d-1","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资经理虎","description":"证券账户累计交易金额达到10万美元","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.53%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"02aa7f16703b4ce4ace6f1a7665789cc-1","templateUuid":"02aa7f16703b4ce4ace6f1a7665789cc","name":"知识体验官","description":"观看学堂课程满5节","bigImgUrl":"https://static.tigerbbs.com/fb5ae275631fb96a92d475cdc85d2302","smallImgUrl":"https://static.tigerbbs.com/c2660a1935bd2105e97c9915619936c3","grayImgUrl":null,"redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.01.18","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":2006},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.12.27","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":6,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":692066920,"gmtCreate":1640793747472,"gmtModify":1640793747862,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692066920","repostId":"1190720053","repostType":4,"isVote":1,"tweetType":1,"viewCount":2883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696865384,"gmtCreate":1640664823859,"gmtModify":1640664824198,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696865384","repostId":"1178753028","repostType":4,"repost":{"id":"1178753028","kind":"news","pubTimestamp":1640659653,"share":"https://www.laohu8.com/m/news/1178753028?lang=zh_CN&edition=full","pubTime":"2021-12-28 10:47","market":"us","language":"en","title":"Why AMD Stock Lit Up Today<blockquote>为什么AMD股票今天上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178753028","media":"Motley Fool","summary":"What happened\nSemiconductor giantAdvanced Micro Devices(NASDAQ:AMD)stock is up a solid 5.7% as of 2:","content":"<p>What happened</p><p><blockquote>发生了什么</blockquote></p><p> Semiconductor giant<b>Advanced Micro Devices</b>(NASDAQ:AMD)stock is up a solid 5.7% as of 2:05 p.m. ET Monday -- the first trading day after the Christmas break. Curiously, the reason that AMD stock is up today is the same thing that's been bugging semiconductor investors all year long: the global semiconductor shortage.</p><p><blockquote>半导体巨头<b>先进微设备公司</b>截至美国东部时间周一下午2:05，（纳斯达克：AMD）股价稳步上涨5.7%——圣诞假期后的第一个交易日。奇怪的是，AMD股价今天上涨的原因与全年困扰半导体投资者的原因相同：全球半导体短缺。</blockquote></p><p> So what</p><p><blockquote>那又怎样</blockquote></p><p> By now this story should be familiar to you. All year long, companies that build things that need semiconductors to run them -- which, at this point in history, means everything from PCs to cellphones to cars to kids' toys -- have struggled to get enough semiconductors to manufacture all the products that their customers want to buy.</p><p><blockquote>现在你应该对这个故事很熟悉了。一整年来，生产需要半导体来运行的产品的公司——在历史上，这意味着从个人电脑到手机、汽车到儿童玩具的一切——一直在努力获得足够的半导体来制造所有产品他们的客户想要购买。</blockquote></p><p> Evensemiconductor manufacturers are in something of a bind. On the one hand, constrained chip supplies mean semiconductor makers can charge more money for their chips -- but only if they have enough manufacturing capacity to make those chips in the first place. This is why the latest semiconductor news is such <i>good</i> news for AMD stock.</p><p><blockquote>即使是半导体制造商也陷入了困境。一方面，芯片供应有限意味着半导体制造商可以为其芯片收取更多费用——但前提是他们首先有足够的制造能力来制造这些芯片。这就是为什么最新的半导体新闻如此<i>好的</i>AMD股票新闻。</blockquote></p><p> As Reuters reported on Thursday, just ahead of the Christmas break, AMD was able to amend and extend its contract manufacturing agreement with<b>GlobalFoundries</b>(NASDAQ:GFS). Instead of having GlobalFoundries send it just $1.6 billion worth of silicon wafers between 2022 and 2024, AMD will buy $2.1 billion in wafers from 2022 to 2025.</p><p><blockquote>正如路透社周四报道的那样，就在圣诞假期之前，AMD能够修改并延长其与<b>GlobalFoundries</b>（纳斯达克：GFS）。AMD将在2022年至2025年期间购买价值21亿美元的硅片，而不是让GlobalFoundries在2022年至2024年期间仅向其发送价值16亿美元的硅片。</blockquote></p><p> Now what</p><p><blockquote>现在怎么办</blockquote></p><p> Of course, this could actually be a \"good news, bad news\" development for AMD when you think about it. On the one hand, AMD has extended its access to GlobalFoundries', er, foundries for an extra year. On the other hand, though, extending a three-year contract by one year is a 33.3% extension in time, while the number of chips AMD is buying over that longer timespan is just 31.2% more than it was scheduled to acquire over the original three-year timespan.</p><p><blockquote>当然，仔细想想，这对AMD来说实际上可能是一个“好消息，坏消息”的发展。一方面，AMD将其对GlobalFoundries的代工厂的准入延长了一年。但另一方面，将三年合同延长一年在时间上延长了33.3%，而AMD在更长时间内购买的芯片数量仅比原计划购买的芯片数量多31.2%三年的时间跨度。</blockquote></p><p> Net-net, that works out to slightly <i>less</i> access to GlobalFoundries' manufacturing capacity in the fourth year of the contract than in the original three years. And one also has to wonder if, given the rising prices of semiconductors globally, the extra $500 million AMD will be paying for the fourth year, will buy as large a volume of chips as the company was already contracted to acquire in the first three years of the contract -- a fact Reuters didn't elaborate on.</p><p><blockquote>净-净，结果稍微<i>低于</i>在合同的第四年比最初的三年更能获得格芯的制造能力。人们还不得不怀疑，鉴于全球半导体价格不断上涨，AMD将在第四年额外支付的5亿美元是否会购买与该公司在前三年已经签约收购的芯片数量一样多的芯片。合同的年份——路透社没有详细说明这一事实。</blockquote></p><p> Until we learn more about this deal, the answer to that question will remain up in the air.</p><p><blockquote>在我们更多地了解这笔交易之前，这个问题的答案仍悬而未决。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why AMD Stock Lit Up Today<blockquote>为什么AMD股票今天上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMD Stock Lit Up Today<blockquote>为什么AMD股票今天上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-28 10:47</span>\n</p>\n</h4>\n</header>\n<article>\n<p>What happened</p><p><blockquote>发生了什么</blockquote></p><p> Semiconductor giant<b>Advanced Micro Devices</b>(NASDAQ:AMD)stock is up a solid 5.7% as of 2:05 p.m. ET Monday -- the first trading day after the Christmas break. Curiously, the reason that AMD stock is up today is the same thing that's been bugging semiconductor investors all year long: the global semiconductor shortage.</p><p><blockquote>半导体巨头<b>先进微设备公司</b>截至美国东部时间周一下午2:05，（纳斯达克：AMD）股价稳步上涨5.7%——圣诞假期后的第一个交易日。奇怪的是，AMD股价今天上涨的原因与全年困扰半导体投资者的原因相同：全球半导体短缺。</blockquote></p><p> So what</p><p><blockquote>那又怎样</blockquote></p><p> By now this story should be familiar to you. All year long, companies that build things that need semiconductors to run them -- which, at this point in history, means everything from PCs to cellphones to cars to kids' toys -- have struggled to get enough semiconductors to manufacture all the products that their customers want to buy.</p><p><blockquote>现在你应该对这个故事很熟悉了。一整年来，生产需要半导体来运行的产品的公司——在历史上，这意味着从个人电脑到手机、汽车到儿童玩具的一切——一直在努力获得足够的半导体来制造所有产品他们的客户想要购买。</blockquote></p><p> Evensemiconductor manufacturers are in something of a bind. On the one hand, constrained chip supplies mean semiconductor makers can charge more money for their chips -- but only if they have enough manufacturing capacity to make those chips in the first place. This is why the latest semiconductor news is such <i>good</i> news for AMD stock.</p><p><blockquote>即使是半导体制造商也陷入了困境。一方面，芯片供应有限意味着半导体制造商可以为其芯片收取更多费用——但前提是他们首先有足够的制造能力来制造这些芯片。这就是为什么最新的半导体新闻如此<i>好的</i>AMD股票新闻。</blockquote></p><p> As Reuters reported on Thursday, just ahead of the Christmas break, AMD was able to amend and extend its contract manufacturing agreement with<b>GlobalFoundries</b>(NASDAQ:GFS). Instead of having GlobalFoundries send it just $1.6 billion worth of silicon wafers between 2022 and 2024, AMD will buy $2.1 billion in wafers from 2022 to 2025.</p><p><blockquote>正如路透社周四报道的那样，就在圣诞假期之前，AMD能够修改并延长其与<b>GlobalFoundries</b>（纳斯达克：GFS）。AMD将在2022年至2025年期间购买价值21亿美元的硅片，而不是让GlobalFoundries在2022年至2024年期间仅向其发送价值16亿美元的硅片。</blockquote></p><p> Now what</p><p><blockquote>现在怎么办</blockquote></p><p> Of course, this could actually be a \"good news, bad news\" development for AMD when you think about it. On the one hand, AMD has extended its access to GlobalFoundries', er, foundries for an extra year. On the other hand, though, extending a three-year contract by one year is a 33.3% extension in time, while the number of chips AMD is buying over that longer timespan is just 31.2% more than it was scheduled to acquire over the original three-year timespan.</p><p><blockquote>当然，仔细想想，这对AMD来说实际上可能是一个“好消息，坏消息”的发展。一方面，AMD将其对GlobalFoundries的代工厂的准入延长了一年。但另一方面，将三年合同延长一年在时间上延长了33.3%，而AMD在更长时间内购买的芯片数量仅比原计划购买的芯片数量多31.2%三年的时间跨度。</blockquote></p><p> Net-net, that works out to slightly <i>less</i> access to GlobalFoundries' manufacturing capacity in the fourth year of the contract than in the original three years. And one also has to wonder if, given the rising prices of semiconductors globally, the extra $500 million AMD will be paying for the fourth year, will buy as large a volume of chips as the company was already contracted to acquire in the first three years of the contract -- a fact Reuters didn't elaborate on.</p><p><blockquote>净-净，结果稍微<i>低于</i>在合同的第四年比最初的三年更能获得格芯的制造能力。人们还不得不怀疑，鉴于全球半导体价格不断上涨，AMD将在第四年额外支付的5亿美元是否会购买与该公司在前三年已经签约收购的芯片数量一样多的芯片。合同的年份——路透社没有详细说明这一事实。</blockquote></p><p> Until we learn more about this deal, the answer to that question will remain up in the air.</p><p><blockquote>在我们更多地了解这笔交易之前，这个问题的答案仍悬而未决。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/27/why-amd-stock-lit-up-today/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.fool.com/investing/2021/12/27/why-amd-stock-lit-up-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178753028","content_text":"What happened\nSemiconductor giantAdvanced Micro Devices(NASDAQ:AMD)stock is up a solid 5.7% as of 2:05 p.m. ET Monday -- the first trading day after the Christmas break. Curiously, the reason that AMD stock is up today is the same thing that's been bugging semiconductor investors all year long: the global semiconductor shortage.\nSo what\nBy now this story should be familiar to you. All year long, companies that build things that need semiconductors to run them -- which, at this point in history, means everything from PCs to cellphones to cars to kids' toys -- have struggled to get enough semiconductors to manufacture all the products that their customers want to buy.\nEvensemiconductor manufacturers are in something of a bind. On the one hand, constrained chip supplies mean semiconductor makers can charge more money for their chips -- but only if they have enough manufacturing capacity to make those chips in the first place. This is why the latest semiconductor news is such good news for AMD stock.\nAs Reuters reported on Thursday, just ahead of the Christmas break, AMD was able to amend and extend its contract manufacturing agreement withGlobalFoundries(NASDAQ:GFS). Instead of having GlobalFoundries send it just $1.6 billion worth of silicon wafers between 2022 and 2024, AMD will buy $2.1 billion in wafers from 2022 to 2025.\nNow what\nOf course, this could actually be a \"good news, bad news\" development for AMD when you think about it. On the one hand, AMD has extended its access to GlobalFoundries', er, foundries for an extra year. On the other hand, though, extending a three-year contract by one year is a 33.3% extension in time, while the number of chips AMD is buying over that longer timespan is just 31.2% more than it was scheduled to acquire over the original three-year timespan.\nNet-net, that works out to slightly less access to GlobalFoundries' manufacturing capacity in the fourth year of the contract than in the original three years. And one also has to wonder if, given the rising prices of semiconductors globally, the extra $500 million AMD will be paying for the fourth year, will buy as large a volume of chips as the company was already contracted to acquire in the first three years of the contract -- a fact Reuters didn't elaborate on.\nUntil we learn more about this deal, the answer to that question will remain up in the air.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":3084,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696836652,"gmtCreate":1640659642036,"gmtModify":1640659642371,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696836652","repostId":"1122290660","repostType":4,"repost":{"id":"1122290660","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":1640608857,"share":"https://www.laohu8.com/m/news/1122290660?lang=zh_CN&edition=full","pubTime":"2021-12-27 20:40","market":"us","language":"en","title":"Grab stock climbed more than 3% in premarket trading<blockquote>Grab股价在盘前交易中上涨超过3%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122290660","media":"Tiger Newspress","summary":"Grab stock climbed more than 3% in premarket trading as Wall Street saw massive upside for Asian tec","content":"<p>Grab stock climbed more than 3% in premarket trading as Wall Street saw massive upside for Asian tech giant Grab, after disappointing debut.</p><p><blockquote>Grab股价在盘前交易中上涨超过3%，华尔街认为亚洲科技巨头Grab在首次亮相令人失望后有巨大上涨空间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/722d12abbd9fc66fd8ccd5576d98e63c\" tg-width=\"841\" tg-height=\"619\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Grab debuted on the Nasdaq following a deal with blank-check company Altimeter Growth Corp., which valued the company at nearly $40 billion. It became the largest-ever company to close a SPAC merger and go public.</p><p><blockquote>Grab在与空白支票公司Altimeter Growth Corp.达成交易后在纳斯达克首次亮相，该公司估值接近400亿美元。它成为有史以来完成SPAC合并并上市的最大公司。</blockquote></p><p> But shares fell more than 20% from $13.06 to $8.75 a piece in the first day of trading. Since then, the stock has fallen another 16%.</p><p><blockquote>但股价在首日交易中下跌超过20%，从每股13.06美元跌至8.75美元。此后，该股又下跌了16%。</blockquote></p><p> Still, JPMorgan likes the stock and said the company has a “superior regional superapp” and multiple opportunities for “multi-year growth.” The investment bank said that Grab’s regional leadership in Southeast Asia is driven by a highly scalable and localized platform that is underpinned by its proprietary technology.</p><p><blockquote>尽管如此，摩根大通还是喜欢该股票，并表示该公司拥有“卓越的区域超级应用程序”和“多年增长”的多种机会。该投行表示，Grab在东南亚的区域领导地位是由一个高度可扩展和本地化的平台推动的，该平台由其专有技术支撑。</blockquote></p><p> “The platform enables Grab to offer its services at a structurally lower cost base vs peers, with higher retention rates,” JPMorgan analysts wrote in their initiation coverage note earlier this month. “Grab’s platform gives it further advantages over its peers with limited geographical presence and/or fewer services, as Grab can allocate cash flows across countries and services to deliver on growth.”</p><p><blockquote>摩根大通分析师在本月早些时候的启动报告中写道：“与同行相比，该平台使Grab能够以结构性更低的成本基础提供服务，并具有更高的保留率。”“与地理分布有限和/或服务较少的同行相比，Grab的平台使其具有进一步的优势，因为Grab可以在不同国家和服务之间分配现金流以实现增长。”</blockquote></p><p> Here are JPMorgan, Citi and Evercore’s ratings and price targets for Grab, and why they like the stock:</p><p><blockquote>以下是摩根大通、花旗和Evercore对Grab的评级和目标价，以及他们喜欢该股票的原因：</blockquote></p><p> <b>JPMorgan</b></p><p><blockquote><b>摩根大通</b></blockquote></p><p> JPMorgan initiated coverage on Grab with an overweight rating and a price target of $12.50 over the next 12 months — that represents over 70% upside from the Dec. 23 closing price of $7.35.</p><p><blockquote>摩根大通首次对Grab给予跑赢大盘评级，未来12个月的目标价为12.50美元，较12月23日收盘价7.35美元上涨超过70%。</blockquote></p><p> Based on the investment bank’s rating system, an overweight rating implies JPMorgan expects Grab’s stock to outperform over the next six to 12 months.</p><p><blockquote>根据投资银行的评级系统，跑赢大盘评级意味着摩根大通预计Grab的股票在未来6至12个月内将跑赢大盘。</blockquote></p><p> The analysts said Grab’s superior regional app, comprising multiple services including ride-hailing and food delivery, is “best geared to rising online consumption” in Southeast Asia. They said they identified gross merchandize value and revenue growth as key catalysts for the company and they see “multiple opportunities for multi-year growth.”</p><p><blockquote>分析师表示，Grab卓越的区域应用程序包括叫车和送餐等多种服务，最适合东南亚不断增长的在线消费。他们表示，他们认为商品总价值和收入增长是公司的关键催化剂，并看到了“多年增长的多种机会”。</blockquote></p><p> GMV is a metric often used in e-commerce to measure the total dollar value of goods sold over a certain period of time.</p><p><blockquote>GMV是电子商务中常用的衡量标准，用于衡量一定时期内销售商品的总美元价值。</blockquote></p><p> The investment bank said Grab is a leader in ride-hailing across the region and that could lead to a highly profitable mobility business, where lifting Covid restrictions and broader economic reopening could drive growth.</p><p><blockquote>该投资银行表示，Grab是该地区网约车领域的领导者，这可能会带来高利润的移动业务，取消新冠疫情限制和更广泛的经济重新开放可能会推动增长。</blockquote></p><p> While the company’s delivery business is at an earlier stage of development, JPMorgan said there’s growth potential due to the relatively fragmented, but large total addressable market for food delivery and groceries. But the bank said that Grab is likely to see losses in the near-to-mid term due to investments and competition for market share.</p><p><blockquote>虽然该公司的配送业务处于早期发展阶段，但摩根大通表示，由于食品配送和杂货市场相对分散，但总目标市场规模较大，因此存在增长潜力。但该行表示，由于投资和市场份额竞争，Grab可能会在中短期内出现亏损。</blockquote></p><p> The analysts warned, however, that Grab’s stock price could be volatile over the next six months as the free float expands due to staggered expiration of lock-ups that will release additional shares. Potential inclusion in MSCI indexes could also contribute to the volatility, JPMorgan said.</p><p><blockquote>然而，分析师警告称，随着自由流通量的扩大，Grab的股价在未来六个月内可能会波动，因为锁定期将释放额外股票。摩根大通表示，潜在纳入摩根士丹利资本国际指数也可能加剧波动。</blockquote></p><p> <b>Citi</b></p><p><blockquote><b>花旗银行</b></blockquote></p><p> Citi initiated coverage of Grab with a buy rating and a price target of $12 a share, but also flagged the stock as high risk.</p><p><blockquote>花旗首次对Grab给予买入评级，目标价为每股12美元，但也将该股标记为高风险。</blockquote></p><p> Compared with regional peers, Citi analysts said Grab benefits from its ability to capture larger volumes of consumer data given higher frequency of delivery and mobility demand compared to services like e-commerce. That gives the company an easier way to cross-sell its financial services products, they added.</p><p><blockquote>花旗分析师表示，与地区同行相比，Grab受益于其捕获大量消费者数据的能力，因为与电子商务等服务相比，交付频率和移动需求更高。他们补充说，这使该公司能够更轻松地交叉销售其金融服务产品。</blockquote></p><p> The analysts pointed out that Grab has a “broader geographic footprint with more equal strength in the ... Southeast Asia countries in which it operates,” compared with Indonesian rival GoTo Group.</p><p><blockquote>分析师指出，与印度尼西亚竞争对手GoTo Group相比，Grab“在其开展业务的东南亚国家拥有更广泛的地理足迹和更平等的实力”。</blockquote></p><p> Citi said, however, spending per transaction and per user is lower for Grab than other regional players like Sea, which operates e-commerce platform Shopee. That implies Grab would face more headwinds if Covid cases in the region surge again, forcing countries to impose lockdowns and other mobility restrictions.</p><p><blockquote>然而，花旗表示，Grab的每笔交易和每位用户的支出低于运营电子商务平台Shopee的Sea等其他地区参与者。这意味着，如果该地区的新冠病例再次激增，迫使各国实施封锁和其他流动限制，Grab将面临更多阻力。</blockquote></p><p> “Grab also lacks a high-margin gaming business and global exposure given its Southeast Asia focus,” Citi analysts said.</p><p><blockquote>花旗分析师表示，“Grab也缺乏高利润的游戏业务，因为它专注于东南亚地区，”</blockquote></p><p> <b>Evercore</b></p><p><blockquote><b>Evercore</b></blockquote></p><p> Evercore initiated coverage with an outperform rating and a price target of $10.</p><p><blockquote>Evercore首次给予跑赢大盘评级，目标价为10美元。</blockquote></p><p> The firm said Grab will likely face more local competition in each market for its delivery business compared to ridesharing, where the only other international incumbent is GoTo Group’s Gojek — particularly, in Indonesia.</p><p><blockquote>该公司表示，与拼车相比，Grab的送货业务可能会在每个市场面临更多的本地竞争，拼车业务唯一的其他国际现有企业是GoTo Group的Gojek，尤其是在印度尼西亚。</blockquote></p><p> “Within its Delivery segment, Grab faces a bit more competition across its core geographies,” Evercore analysts said in a recent note. They flagged the likes of Foodpanda, Gojek and Deliveroo in Singapore, LineMan in Thailand as well as Now and Baemin in Vietnam as competitors.</p><p><blockquote>Evercore分析师在最近的一份报告中表示：“在配送领域，Grab在其核心地区面临更多竞争。”他们将Foodpanda、Gojek和户户送、Thailand Lineman以及Now和Baemin等公司列为竞争对手。</blockquote></p><p></p><p> “Lastly, Grab competes with last-mile logistics providers such as Gojek and Lalamove, and more local last-mile players such as AhaMove (Vietnam),” the analysts said.</p><p><blockquote>分析师表示：“最后，Grab与Gojek和货拉拉等最后一英里物流提供商以及AhaMove(Vietnam)等更多本地最后一英里物流提供商竞争。”</blockquote></p><p> In the financial services business, Grab faces competition from traditional players including credit card companies, banks as well as cash, which is still the predominant mode of payment in Southeast Asia.</p><p><blockquote>在金融服务业务方面，Grab面临着来自信用卡公司、银行以及现金等传统参与者的竞争，现金仍然是东南亚的主要支付方式。</blockquote></p><p> Still, the Evercore analysts said that most of Grab’s core business segments including delivery, mobility and financial services remain underpenetrated, which grants the Singapore-headquartered company “a probable long runway for growth.”</p><p><blockquote>尽管如此，Evercore分析师表示，Grab的大部分核心业务部门，包括送货、移动和金融服务，仍然渗透不足，这使得这家总部位于新加坡的公司“可能还有很长的增长空间”。</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>Grab stock climbed more than 3% in premarket trading<blockquote>Grab股价在盘前交易中上涨超过3%</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\">\nGrab stock climbed more than 3% in premarket trading<blockquote>Grab股价在盘前交易中上涨超过3%</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\">2021-12-27 20:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Grab stock climbed more than 3% in premarket trading as Wall Street saw massive upside for Asian tech giant Grab, after disappointing debut.</p><p><blockquote>Grab股价在盘前交易中上涨超过3%，华尔街认为亚洲科技巨头Grab在首次亮相令人失望后有巨大上涨空间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/722d12abbd9fc66fd8ccd5576d98e63c\" tg-width=\"841\" tg-height=\"619\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Grab debuted on the Nasdaq following a deal with blank-check company Altimeter Growth Corp., which valued the company at nearly $40 billion. It became the largest-ever company to close a SPAC merger and go public.</p><p><blockquote>Grab在与空白支票公司Altimeter Growth Corp.达成交易后在纳斯达克首次亮相，该公司估值接近400亿美元。它成为有史以来完成SPAC合并并上市的最大公司。</blockquote></p><p> But shares fell more than 20% from $13.06 to $8.75 a piece in the first day of trading. Since then, the stock has fallen another 16%.</p><p><blockquote>但股价在首日交易中下跌超过20%，从每股13.06美元跌至8.75美元。此后，该股又下跌了16%。</blockquote></p><p> Still, JPMorgan likes the stock and said the company has a “superior regional superapp” and multiple opportunities for “multi-year growth.” The investment bank said that Grab’s regional leadership in Southeast Asia is driven by a highly scalable and localized platform that is underpinned by its proprietary technology.</p><p><blockquote>尽管如此，摩根大通还是喜欢该股票，并表示该公司拥有“卓越的区域超级应用程序”和“多年增长”的多种机会。该投行表示，Grab在东南亚的区域领导地位是由一个高度可扩展和本地化的平台推动的，该平台由其专有技术支撑。</blockquote></p><p> “The platform enables Grab to offer its services at a structurally lower cost base vs peers, with higher retention rates,” JPMorgan analysts wrote in their initiation coverage note earlier this month. “Grab’s platform gives it further advantages over its peers with limited geographical presence and/or fewer services, as Grab can allocate cash flows across countries and services to deliver on growth.”</p><p><blockquote>摩根大通分析师在本月早些时候的启动报告中写道：“与同行相比，该平台使Grab能够以结构性更低的成本基础提供服务，并具有更高的保留率。”“与地理分布有限和/或服务较少的同行相比，Grab的平台使其具有进一步的优势，因为Grab可以在不同国家和服务之间分配现金流以实现增长。”</blockquote></p><p> Here are JPMorgan, Citi and Evercore’s ratings and price targets for Grab, and why they like the stock:</p><p><blockquote>以下是摩根大通、花旗和Evercore对Grab的评级和目标价，以及他们喜欢该股票的原因：</blockquote></p><p> <b>JPMorgan</b></p><p><blockquote><b>摩根大通</b></blockquote></p><p> JPMorgan initiated coverage on Grab with an overweight rating and a price target of $12.50 over the next 12 months — that represents over 70% upside from the Dec. 23 closing price of $7.35.</p><p><blockquote>摩根大通首次对Grab给予跑赢大盘评级，未来12个月的目标价为12.50美元，较12月23日收盘价7.35美元上涨超过70%。</blockquote></p><p> Based on the investment bank’s rating system, an overweight rating implies JPMorgan expects Grab’s stock to outperform over the next six to 12 months.</p><p><blockquote>根据投资银行的评级系统，跑赢大盘评级意味着摩根大通预计Grab的股票在未来6至12个月内将跑赢大盘。</blockquote></p><p> The analysts said Grab’s superior regional app, comprising multiple services including ride-hailing and food delivery, is “best geared to rising online consumption” in Southeast Asia. They said they identified gross merchandize value and revenue growth as key catalysts for the company and they see “multiple opportunities for multi-year growth.”</p><p><blockquote>分析师表示，Grab卓越的区域应用程序包括叫车和送餐等多种服务，最适合东南亚不断增长的在线消费。他们表示，他们认为商品总价值和收入增长是公司的关键催化剂，并看到了“多年增长的多种机会”。</blockquote></p><p> GMV is a metric often used in e-commerce to measure the total dollar value of goods sold over a certain period of time.</p><p><blockquote>GMV是电子商务中常用的衡量标准，用于衡量一定时期内销售商品的总美元价值。</blockquote></p><p> The investment bank said Grab is a leader in ride-hailing across the region and that could lead to a highly profitable mobility business, where lifting Covid restrictions and broader economic reopening could drive growth.</p><p><blockquote>该投资银行表示，Grab是该地区网约车领域的领导者，这可能会带来高利润的移动业务，取消新冠疫情限制和更广泛的经济重新开放可能会推动增长。</blockquote></p><p> While the company’s delivery business is at an earlier stage of development, JPMorgan said there’s growth potential due to the relatively fragmented, but large total addressable market for food delivery and groceries. But the bank said that Grab is likely to see losses in the near-to-mid term due to investments and competition for market share.</p><p><blockquote>虽然该公司的配送业务处于早期发展阶段，但摩根大通表示，由于食品配送和杂货市场相对分散，但总目标市场规模较大，因此存在增长潜力。但该行表示，由于投资和市场份额竞争，Grab可能会在中短期内出现亏损。</blockquote></p><p> The analysts warned, however, that Grab’s stock price could be volatile over the next six months as the free float expands due to staggered expiration of lock-ups that will release additional shares. Potential inclusion in MSCI indexes could also contribute to the volatility, JPMorgan said.</p><p><blockquote>然而，分析师警告称，随着自由流通量的扩大，Grab的股价在未来六个月内可能会波动，因为锁定期将释放额外股票。摩根大通表示，潜在纳入摩根士丹利资本国际指数也可能加剧波动。</blockquote></p><p> <b>Citi</b></p><p><blockquote><b>花旗银行</b></blockquote></p><p> Citi initiated coverage of Grab with a buy rating and a price target of $12 a share, but also flagged the stock as high risk.</p><p><blockquote>花旗首次对Grab给予买入评级，目标价为每股12美元，但也将该股标记为高风险。</blockquote></p><p> Compared with regional peers, Citi analysts said Grab benefits from its ability to capture larger volumes of consumer data given higher frequency of delivery and mobility demand compared to services like e-commerce. That gives the company an easier way to cross-sell its financial services products, they added.</p><p><blockquote>花旗分析师表示，与地区同行相比，Grab受益于其捕获大量消费者数据的能力，因为与电子商务等服务相比，交付频率和移动需求更高。他们补充说，这使该公司能够更轻松地交叉销售其金融服务产品。</blockquote></p><p> The analysts pointed out that Grab has a “broader geographic footprint with more equal strength in the ... Southeast Asia countries in which it operates,” compared with Indonesian rival GoTo Group.</p><p><blockquote>分析师指出，与印度尼西亚竞争对手GoTo Group相比，Grab“在其开展业务的东南亚国家拥有更广泛的地理足迹和更平等的实力”。</blockquote></p><p> Citi said, however, spending per transaction and per user is lower for Grab than other regional players like Sea, which operates e-commerce platform Shopee. That implies Grab would face more headwinds if Covid cases in the region surge again, forcing countries to impose lockdowns and other mobility restrictions.</p><p><blockquote>然而，花旗表示，Grab的每笔交易和每位用户的支出低于运营电子商务平台Shopee的Sea等其他地区参与者。这意味着，如果该地区的新冠病例再次激增，迫使各国实施封锁和其他流动限制，Grab将面临更多阻力。</blockquote></p><p> “Grab also lacks a high-margin gaming business and global exposure given its Southeast Asia focus,” Citi analysts said.</p><p><blockquote>花旗分析师表示，“Grab也缺乏高利润的游戏业务，因为它专注于东南亚地区，”</blockquote></p><p> <b>Evercore</b></p><p><blockquote><b>Evercore</b></blockquote></p><p> Evercore initiated coverage with an outperform rating and a price target of $10.</p><p><blockquote>Evercore首次给予跑赢大盘评级，目标价为10美元。</blockquote></p><p> The firm said Grab will likely face more local competition in each market for its delivery business compared to ridesharing, where the only other international incumbent is GoTo Group’s Gojek — particularly, in Indonesia.</p><p><blockquote>该公司表示，与拼车相比，Grab的送货业务可能会在每个市场面临更多的本地竞争，拼车业务唯一的其他国际现有企业是GoTo Group的Gojek，尤其是在印度尼西亚。</blockquote></p><p> “Within its Delivery segment, Grab faces a bit more competition across its core geographies,” Evercore analysts said in a recent note. They flagged the likes of Foodpanda, Gojek and Deliveroo in Singapore, LineMan in Thailand as well as Now and Baemin in Vietnam as competitors.</p><p><blockquote>Evercore分析师在最近的一份报告中表示：“在配送领域，Grab在其核心地区面临更多竞争。”他们将Foodpanda、Gojek和户户送、Thailand Lineman以及Now和Baemin等公司列为竞争对手。</blockquote></p><p></p><p> “Lastly, Grab competes with last-mile logistics providers such as Gojek and Lalamove, and more local last-mile players such as AhaMove (Vietnam),” the analysts said.</p><p><blockquote>分析师表示：“最后，Grab与Gojek和货拉拉等最后一英里物流提供商以及AhaMove(Vietnam)等更多本地最后一英里物流提供商竞争。”</blockquote></p><p> In the financial services business, Grab faces competition from traditional players including credit card companies, banks as well as cash, which is still the predominant mode of payment in Southeast Asia.</p><p><blockquote>在金融服务业务方面，Grab面临着来自信用卡公司、银行以及现金等传统参与者的竞争，现金仍然是东南亚的主要支付方式。</blockquote></p><p> Still, the Evercore analysts said that most of Grab’s core business segments including delivery, mobility and financial services remain underpenetrated, which grants the Singapore-headquartered company “a probable long runway for growth.”</p><p><blockquote>尽管如此，Evercore分析师表示，Grab的大部分核心业务部门，包括送货、移动和金融服务，仍然渗透不足，这使得这家总部位于新加坡的公司“可能还有很长的增长空间”。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122290660","content_text":"Grab stock climbed more than 3% in premarket trading as Wall Street saw massive upside for Asian tech giant Grab, after disappointing debut.\n\nGrab debuted on the Nasdaq following a deal with blank-check company Altimeter Growth Corp., which valued the company at nearly $40 billion. It became the largest-ever company to close a SPAC merger and go public.\nBut shares fell more than 20% from $13.06 to $8.75 a piece in the first day of trading. Since then, the stock has fallen another 16%.\nStill, JPMorgan likes the stock and said the company has a “superior regional superapp” and multiple opportunities for “multi-year growth.” The investment bank said that Grab’s regional leadership in Southeast Asia is driven by a highly scalable and localized platform that is underpinned by its proprietary technology.\n“The platform enables Grab to offer its services at a structurally lower cost base vs peers, with higher retention rates,” JPMorgan analysts wrote in their initiation coverage note earlier this month. “Grab’s platform gives it further advantages over its peers with limited geographical presence and/or fewer services, as Grab can allocate cash flows across countries and services to deliver on growth.”\nHere are JPMorgan, Citi and Evercore’s ratings and price targets for Grab, and why they like the stock:\nJPMorgan\nJPMorgan initiated coverage on Grab with an overweight rating and a price target of $12.50 over the next 12 months — that represents over 70% upside from the Dec. 23 closing price of $7.35.\nBased on the investment bank’s rating system, an overweight rating implies JPMorgan expects Grab’s stock to outperform over the next six to 12 months.\nThe analysts said Grab’s superior regional app, comprising multiple services including ride-hailing and food delivery, is “best geared to rising online consumption” in Southeast Asia. They said they identified gross merchandize value and revenue growth as key catalysts for the company and they see “multiple opportunities for multi-year growth.”\nGMV is a metric often used in e-commerce to measure the total dollar value of goods sold over a certain period of time.\nThe investment bank said Grab is a leader in ride-hailing across the region and that could lead to a highly profitable mobility business, where lifting Covid restrictions and broader economic reopening could drive growth.\nWhile the company’s delivery business is at an earlier stage of development, JPMorgan said there’s growth potential due to the relatively fragmented, but large total addressable market for food delivery and groceries. But the bank said that Grab is likely to see losses in the near-to-mid term due to investments and competition for market share.\nThe analysts warned, however, that Grab’s stock price could be volatile over the next six months as the free float expands due to staggered expiration of lock-ups that will release additional shares. Potential inclusion in MSCI indexes could also contribute to the volatility, JPMorgan said.\nCiti\nCiti initiated coverage of Grab with a buy rating and a price target of $12 a share, but also flagged the stock as high risk.\nCompared with regional peers, Citi analysts said Grab benefits from its ability to capture larger volumes of consumer data given higher frequency of delivery and mobility demand compared to services like e-commerce. That gives the company an easier way to cross-sell its financial services products, they added.\nThe analysts pointed out that Grab has a “broader geographic footprint with more equal strength in the ... Southeast Asia countries in which it operates,” compared with Indonesian rival GoTo Group.\nCiti said, however, spending per transaction and per user is lower for Grab than other regional players like Sea, which operates e-commerce platform Shopee. That implies Grab would face more headwinds if Covid cases in the region surge again, forcing countries to impose lockdowns and other mobility restrictions.\n“Grab also lacks a high-margin gaming business and global exposure given its Southeast Asia focus,” Citi analysts said.\nEvercore\nEvercore initiated coverage with an outperform rating and a price target of $10.\nThe firm said Grab will likely face more local competition in each market for its delivery business compared to ridesharing, where the only other international incumbent is GoTo Group’s Gojek — particularly, in Indonesia.\n“Within its Delivery segment, Grab faces a bit more competition across its core geographies,” Evercore analysts said in a recent note. They flagged the likes of Foodpanda, Gojek and Deliveroo in Singapore, LineMan in Thailand as well as Now and Baemin in Vietnam as competitors.\n“Lastly, Grab competes with last-mile logistics providers such as Gojek and Lalamove, and more local last-mile players such as AhaMove (Vietnam),” the analysts said.\nIn the financial services business, Grab faces competition from traditional players including credit card companies, banks as well as cash, which is still the predominant mode of payment in Southeast Asia.\nStill, the Evercore analysts said that most of Grab’s core business segments including delivery, mobility and financial services remain underpenetrated, which grants the Singapore-headquartered company “a probable long runway for growth.”","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":3254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696836871,"gmtCreate":1640659615617,"gmtModify":1640659615934,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696836871","repostId":"1139095230","repostType":4,"repost":{"id":"1139095230","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":1640615948,"share":"https://www.laohu8.com/m/news/1139095230?lang=zh_CN&edition=full","pubTime":"2021-12-27 22:39","market":"us","language":"en","title":"EV stocks mixed in morning trading<blockquote>电动汽车股早盘涨跌互现</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1139095230","media":"Tiger Newspress","summary":"EV stocks mixed in morning trading.Tesla,Nikola,NIO,Xpeng Motors and Li Auto climbed between 1% and ","content":"<p>EV stocks mixed in morning trading.Tesla,Nikola,NIO,Xpeng Motors and Li Auto climbed between 1% and 3%.While Lucid fell more than 4%.</p><p><blockquote>电动汽车股早盘涨跌互现。特斯拉、尼古拉、蔚来、小鹏汽车和理想汽车上涨1%至3%。而Lucid则下跌超过4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0c26aaadf8023ee7e2e15e128470dc48\" tg-width=\"417\" tg-height=\"660\" 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>EV stocks mixed in morning trading<blockquote>电动汽车股早盘涨跌互现</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\">\nEV stocks mixed in morning trading<blockquote>电动汽车股早盘涨跌互现</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\">2021-12-27 22:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV stocks mixed in morning trading.Tesla,Nikola,NIO,Xpeng Motors and Li Auto climbed between 1% and 3%.While Lucid fell more than 4%.</p><p><blockquote>电动汽车股早盘涨跌互现。特斯拉、尼古拉、蔚来、小鹏汽车和理想汽车上涨1%至3%。而Lucid则下跌超过4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0c26aaadf8023ee7e2e15e128470dc48\" tg-width=\"417\" tg-height=\"660\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","FSR":"菲斯克","TSLA":"特斯拉","LCID":"Lucid Group Inc","XPEV":"小鹏汽车","LI":"理想汽车","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139095230","content_text":"EV stocks mixed in morning trading.Tesla,Nikola,NIO,Xpeng Motors and Li Auto climbed between 1% and 3%.While Lucid fell more than 4%.","news_type":1,"symbols_score_info":{"XPEV":0.9,"FSR":0.9,"LCID":0.9,"RIVN":0.9,"LI":0.9,"TSLA":0.9,"NKLA":0.9,"GOEV":0.9,"ARVL":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2954,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696093238,"gmtCreate":1640569579037,"gmtModify":1640569579358,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696093238","repostId":"2193781141","repostType":4,"isVote":1,"tweetType":1,"viewCount":2601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698235026,"gmtCreate":1640401732836,"gmtModify":1640402104307,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698235026","repostId":"1107827800","repostType":4,"repost":{"id":"1107827800","kind":"news","pubTimestamp":1640326128,"share":"https://www.laohu8.com/m/news/1107827800?lang=zh_CN&edition=full","pubTime":"2021-12-24 14:08","market":"us","language":"en","title":"Sea Limited: An Early Christmas Gift<blockquote>Sea Limited：一份提前的圣诞礼物</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107827800","media":"Seeking Alpha","summary":"Summary\n\nSea Limited is a growing company in a growing economy.\nAt this stage, the company should be","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Sea Limited is a growing company in a growing economy.</li> <li>At this stage, the company should be judged on its growth, not earnings.</li> <li>The recent fall in price makes the stock look attractive when compared to similar growth stories.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f48c8d49ed462ac489fe8f5fa91f5691\" tg-width=\"1536\" tg-height=\"1031\" width=\"100%\" height=\"auto\"><span>FreshSplash/E+ via Getty Images</span></p><p><blockquote><ul><li>Sea Limited是一家在不断增长的经济中成长的公司。</li><li>在这个阶段，应该根据公司的成长性来判断公司，而不是盈利。</li><li>与类似的增长故事相比，最近的价格下跌使该股看起来很有吸引力。</li></ul><p class=\"t-img-caption\"><span>FreshSplash/E+来自Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文摘要</b></blockquote></p><p> Sea Limited (SE) is one of those companies that divide the room. The stock was one of the best performing of 2020/2021 but has now fallen over 30% from its all-time high following a general sell-off which has been most felt in growth stocks.</p><p><blockquote>Sea Limited(SE)是划分房间的公司之一。该股是2020/2021年表现最好的股票之一，但在普遍抛售之后，目前已从历史高点下跌了30%以上，这在成长型股票中最为明显。</blockquote></p><p> However, Sea's fundamental growth story remains strong, and the fact that it is running at a loss should not bother investors at this point. If we look at each segment individually, there's a lot to like, and an argument could be made for a much higher price than today. On a final note, Sea should also be aided by the recent policy change coming from China's Central bank, the PBOC, and overall macroeconomic trends.</p><p><blockquote>然而，Sea的基本增长故事仍然强劲，目前它亏损的事实不应困扰投资者。如果我们单独看每个细分市场，就会发现有很多值得喜欢的地方，并且可以提出比今天高得多的价格的论点。最后，Sea还应该受益于中国央行PBOC最近的政策变化以及整体宏观经济趋势。</blockquote></p><p> <b>A Quick Recap</b></p><p><blockquote><b>快速回顾</b></blockquote></p><p> Sea Limited has three main segments; Digital Entertainment (Garena), Financial Services (SeaMoney) and E-commerce (Shopee). This is how they performed in the last quarter.</p><p><blockquote>Sea Limited有三个主要部门：数字娱乐（Garena）、金融服务（SeaMoney）和电子商务（Shopee）。这就是他们上个季度的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cd726650027bd5d269b8fe1f0dd0b14\" tg-width=\"1280\" tg-height=\"664\" width=\"100%\" height=\"auto\"><span>Source: Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：投资者介绍</span></p></blockquote></p><p> As we can see, Digital Entertainment is the only segment bringing in operating income. Meanwhile, eCommerce and Digital Finance are running at a loss. However, the growth rates at this point justify the investment. GMV for Shopee was up 81% YoY, and TPV processed through SeaMoney is up 111% YoY.</p><p><blockquote>正如我们所看到的，数字娱乐是唯一带来营业收入的细分市场。与此同时，电子商务和数字金融正在亏损。然而，目前的增长率证明了投资的合理性。Shopee的GMV同比增长81%，通过SeaMoney处理的TPV同比增长111%。</blockquote></p><p> Despite strong growth across the board, Sea Limited has come down significantly in the last few weeks, providing us with a perfect opportunity to buy a stock with an incredibly appealing fundamental growth story.</p><p><blockquote>尽管全面增长强劲，但Sea Limited在过去几周大幅下跌，为我们提供了购买具有令人难以置信的吸引力的基本面增长故事的股票的绝佳机会。</blockquote></p><p> <b>Growth And Profitability Prospects</b></p><p><blockquote><b>增长和盈利前景</b></blockquote></p><p> Firstly, let's talk about Sea's main geographical market; Southeast Asia. SEA economies are experiencing not just a fast level of growth, but also digitalization, which bodes incredibly well for SE.</p><p><blockquote>首先，我们来谈谈Sea的主要地理市场；东南亚。海洋经济不仅正在经历快速增长，还正在经历数字化，这对SE来说是个好兆头。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/626a6dc7b34175282aeba7740413ede1\" tg-width=\"1280\" tg-height=\"521\" width=\"100%\" height=\"auto\"><span>Source: SEA Economy Report</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：海洋经济报告</span></p></blockquote></p><p> By 2025, the Internet economy is poised to reach over $300 billion in GMV. Indonesia, Vietnam and Thailand will be amongst the fastest growing Internet economies, and these are all areas where the company has a strong presence. On top of that, Sea is also expanding into Latin America, where it has challenged and surpassed MercadoLibre (MELI) in some countries like Brazil.</p><p><blockquote>到2025年，互联网经济的GMV将超过3000亿美元。印度尼西亚、越南和泰国将成为增长最快的互联网经济体之一，这些都是该公司拥有强大影响力的地区。除此之外，Sea还在向拉丁美洲扩张，在巴西等一些国家挑战并超越了MercadoLibre(MELI)。</blockquote></p><p> Shopee and SeaMoney will grow hand in hand. As Shopee grows, more merchants and consumers will be pulled into the SeaMoney ecosystem, which not only allows digital payments but also helps merchants and consumers get financing. Of course, at the moment the company is focusing on expansion, but we know full well that both eCommerce and Digital Finance can be lucrative segments.</p><p><blockquote>Shopee和SeaMoney将携手发展。随着Shopee的发展，更多的商家和消费者将被拉入SeaMoney生态系统，该生态系统不仅允许数字支付，还可以帮助商家和消费者获得融资。当然，目前该公司正专注于扩张，但我们非常清楚，电子商务和数字金融都可能是利润丰厚的领域。</blockquote></p><p> Garena, which is responsible for creating Free Fire, is on another path. User growth is slowing down, this is true, but there is still plenty of room for monetization. The company has made moves in the right direction here by releasing Free Fire MAX, a premium version of the game. In a recent article on Seeking Alpha,JR Research pointed out that Garena continues to increase the proportion of paying users to active users, which are also growing, albeit at a slower rate.</p><p><blockquote>负责制造自由火力的Garena走的是另一条路。用户增长放缓，这是事实，但变现空间依然很大。该公司在这方面朝着正确的方向迈出了步伐，发布了游戏的高级版本Free Fire MAX。在Seeking Alpha最近的一篇文章中，JR Research指出，Garena继续提高付费用户与活跃用户的比例，活跃用户也在增长，尽管速度较慢。</blockquote></p><p> <b>Comparative Valuation</b></p><p><blockquote><b>比较估值</b></blockquote></p><p> With all that said, I do feel like sometimes Sea Limited gets judged unfairly, precisely because it has such a successful and profitable segment thanks to Free Fire. Investors often look at Sea's earnings and complain that they aren't growing fast enough, but this is not the company's objective. If Shopee or SeaMoney traded separately as \"exciting and fast-growing start-ups\" investors would be much less harsh with the valuation.</p><p><blockquote>综上所述，我确实觉得Sea Limited有时会受到不公平的评判，正是因为它凭借Free Fire拥有如此成功且盈利的细分市场。投资者经常查看Sea的盈利并抱怨它们增长不够快，但这不是该公司的目标。如果Shopee或SeaMoney作为“令人兴奋且快速增长的初创企业”单独交易，投资者对估值的苛刻程度就会小得多。</blockquote></p><p> Sea Limited is a growth company in a growth economy, and it should be judged on its growth and revenue, not on its earnings:</p><p><blockquote>Sea Limited是增长型经济体中的一家成长型公司，应该根据其增长和收入来判断，而不是根据其盈利：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabf7759dd81e88d0603fc2f17137235\" tg-width=\"905\" tg-height=\"313\" width=\"100%\" height=\"auto\"><span>Data Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源：寻求阿尔法</span></p></blockquote></p><p></p><p> Above we can see valuation ratios for Sea and what I consider to be some similar companies, though I am sure this will be a contentious point. Meli competes head-on with Sea in the eCommerce and fulfilment space. Roblox (RBLX) is an up and coming game/platform, and it is comparable to Free Fire. Shopify Inc.(NYSE:SHOP)has some unique characteristics, but it is also similar in many ways to Sea. It offers an eCommerce platform and helps merchants sell their products, and Shopify Pay is comparable to SeaMoney. Also, all of these companies are high growth companies through Sea is the best in this regard.</p><p><blockquote>上面我们可以看到Sea的估值比率以及我认为的一些类似公司，尽管我确信这将是一个有争议的问题。Meli在电子商务和履行领域与Sea正面竞争。Roblox（RBLX）是一款崭露头角的游戏/平台，可与Free Fire相媲美。Shopify Inc.（纽约证券交易所股票代码：SHOP）有一些独特的特征，但它在许多方面也与Sea相似。它提供了一个电子商务平台，帮助商家销售他们的产品，Shopify Pay可与SeaMoney相媲美。此外，所有这些公司都是高增长公司，Sea在这方面是最好的。</blockquote></p><p> In terms of P/S and EV/Sales though, Sea is cheaper than the rest of these companies, except for Meli. Also, I like the fact that Sea has a Price/Book in line with that of Shopify. Arguably these other companies could be said to be overvalued, but the idea here is to compare these companies amongst each other.</p><p><blockquote>不过，就P/S和EV/销售额而言，Sea比除Meli之外的其他公司便宜。此外，我喜欢Sea的价格/书与Shopify一致。可以说，这些其他公司可以说被高估了，但这里的想法是将这些公司相互比较。</blockquote></p><p> Ultimately, Sea is growing incredibly fast, and though it isn't \"profitable\", we know that it's building a business model that will be. A P/S of 14 seems attractive given all of this and the ratio is below the more recent average of around 20.</p><p><blockquote>最终，Sea的增长速度令人难以置信，尽管它没有“盈利”，但我们知道它正在建立一种将会“盈利”的商业模式。考虑到所有这些因素，14的市盈率似乎很有吸引力，而且该比率低于最近20左右的平均水平。</blockquote></p><p> <b>Other Considerations</b></p><p><blockquote><b>其他考虑</b></blockquote></p><p> Some investors might think that, with the Federal Reserve tightening monetary policy, this is not a good time. The first issue here would be; how long can the Fed tighten? We've seen this play out before in 2018, and we know how it ends. More importantly though, while the Fed tightens, the PBOC is loosening monetary policy, as we saw the key benchmark lending rate cut last week.</p><p><blockquote>一些投资者可能会认为，随着美联储收紧货币政策，现在不是一个好时机。第一个问题是：美联储还能收紧多久？我们之前在2018年看到过这种情况，我们知道它会如何结束。但更重要的是，在美联储收紧货币政策的同时，中国人民银行正在放松货币政策，正如我们上周看到的关键基准贷款利率下调。</blockquote></p><p> What does this mean for Sea? The effects are unclear. Easy credit in the area will help the company and its customers, but what about exchange rates? Some of these countries try to keep pegs to major currencies, so this might not change. This would suggest that South Eastern economies might have to follow the Fed in tightening monetary policy to defend this exchange rate.</p><p><blockquote>这对海洋意味着什么？其影响尚不清楚。该地区的宽松信贷将有助于该公司及其客户，但汇率呢？其中一些国家试图保持与主要货币的挂钩，因此这可能不会改变。这表明东南部经济体可能不得不跟随美联储收紧货币政策以捍卫这一汇率。</blockquote></p><p> And lastly, what if COVID returns in full force? Again, the effects would be unclear. In many ways, Sea's business could be improved by this, even if the economy suffers overall.</p><p><blockquote>最后，如果COVID全面回归怎么办？同样，其影响尚不清楚。在许多方面，即使整体经济受到影响，Sea的业务也可以因此得到改善。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> Nothing much has changed for Sea Limited in recent months, except for its share price, and I'd be remiss if I didn't point out this buying opportunity. The company is expanding in all areas, and even increasing its profitability, though that is less important. I'm excited to see what 2022 holds for this stock.</p><p><blockquote>近几个月来，除了股价之外，Sea Limited没有太大变化，如果我不指出这个买入机会，那就是我的失职。该公司正在各个领域扩张，甚至提高了盈利能力，尽管这不太重要。我很高兴看到这只股票在2022年的表现。</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>Sea Limited: An Early Christmas Gift<blockquote>Sea Limited：一份提前的圣诞礼物</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\">\nSea Limited: An Early Christmas Gift<blockquote>Sea Limited：一份提前的圣诞礼物</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-24 14:08</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>Sea Limited is a growing company in a growing economy.</li> <li>At this stage, the company should be judged on its growth, not earnings.</li> <li>The recent fall in price makes the stock look attractive when compared to similar growth stories.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f48c8d49ed462ac489fe8f5fa91f5691\" tg-width=\"1536\" tg-height=\"1031\" width=\"100%\" height=\"auto\"><span>FreshSplash/E+ via Getty Images</span></p><p><blockquote><ul><li>Sea Limited是一家在不断增长的经济中成长的公司。</li><li>在这个阶段，应该根据公司的成长性来判断公司，而不是盈利。</li><li>与类似的增长故事相比，最近的价格下跌使该股看起来很有吸引力。</li></ul><p class=\"t-img-caption\"><span>FreshSplash/E+来自Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文摘要</b></blockquote></p><p> Sea Limited (SE) is one of those companies that divide the room. The stock was one of the best performing of 2020/2021 but has now fallen over 30% from its all-time high following a general sell-off which has been most felt in growth stocks.</p><p><blockquote>Sea Limited(SE)是划分房间的公司之一。该股是2020/2021年表现最好的股票之一，但在普遍抛售之后，目前已从历史高点下跌了30%以上，这在成长型股票中最为明显。</blockquote></p><p> However, Sea's fundamental growth story remains strong, and the fact that it is running at a loss should not bother investors at this point. If we look at each segment individually, there's a lot to like, and an argument could be made for a much higher price than today. On a final note, Sea should also be aided by the recent policy change coming from China's Central bank, the PBOC, and overall macroeconomic trends.</p><p><blockquote>然而，Sea的基本增长故事仍然强劲，目前它亏损的事实不应困扰投资者。如果我们单独看每个细分市场，就会发现有很多值得喜欢的地方，并且可以提出比今天高得多的价格的论点。最后，Sea还应该受益于中国央行PBOC最近的政策变化以及整体宏观经济趋势。</blockquote></p><p> <b>A Quick Recap</b></p><p><blockquote><b>快速回顾</b></blockquote></p><p> Sea Limited has three main segments; Digital Entertainment (Garena), Financial Services (SeaMoney) and E-commerce (Shopee). This is how they performed in the last quarter.</p><p><blockquote>Sea Limited有三个主要部门：数字娱乐（Garena）、金融服务（SeaMoney）和电子商务（Shopee）。这就是他们上个季度的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cd726650027bd5d269b8fe1f0dd0b14\" tg-width=\"1280\" tg-height=\"664\" width=\"100%\" height=\"auto\"><span>Source: Investor Presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：投资者介绍</span></p></blockquote></p><p> As we can see, Digital Entertainment is the only segment bringing in operating income. Meanwhile, eCommerce and Digital Finance are running at a loss. However, the growth rates at this point justify the investment. GMV for Shopee was up 81% YoY, and TPV processed through SeaMoney is up 111% YoY.</p><p><blockquote>正如我们所看到的，数字娱乐是唯一带来营业收入的细分市场。与此同时，电子商务和数字金融正在亏损。然而，目前的增长率证明了投资的合理性。Shopee的GMV同比增长81%，通过SeaMoney处理的TPV同比增长111%。</blockquote></p><p> Despite strong growth across the board, Sea Limited has come down significantly in the last few weeks, providing us with a perfect opportunity to buy a stock with an incredibly appealing fundamental growth story.</p><p><blockquote>尽管全面增长强劲，但Sea Limited在过去几周大幅下跌，为我们提供了购买具有令人难以置信的吸引力的基本面增长故事的股票的绝佳机会。</blockquote></p><p> <b>Growth And Profitability Prospects</b></p><p><blockquote><b>增长和盈利前景</b></blockquote></p><p> Firstly, let's talk about Sea's main geographical market; Southeast Asia. SEA economies are experiencing not just a fast level of growth, but also digitalization, which bodes incredibly well for SE.</p><p><blockquote>首先，我们来谈谈Sea的主要地理市场；东南亚。海洋经济不仅正在经历快速增长，还正在经历数字化，这对SE来说是个好兆头。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/626a6dc7b34175282aeba7740413ede1\" tg-width=\"1280\" tg-height=\"521\" width=\"100%\" height=\"auto\"><span>Source: SEA Economy Report</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：海洋经济报告</span></p></blockquote></p><p> By 2025, the Internet economy is poised to reach over $300 billion in GMV. Indonesia, Vietnam and Thailand will be amongst the fastest growing Internet economies, and these are all areas where the company has a strong presence. On top of that, Sea is also expanding into Latin America, where it has challenged and surpassed MercadoLibre (MELI) in some countries like Brazil.</p><p><blockquote>到2025年，互联网经济的GMV将超过3000亿美元。印度尼西亚、越南和泰国将成为增长最快的互联网经济体之一，这些都是该公司拥有强大影响力的地区。除此之外，Sea还在向拉丁美洲扩张，在巴西等一些国家挑战并超越了MercadoLibre(MELI)。</blockquote></p><p> Shopee and SeaMoney will grow hand in hand. As Shopee grows, more merchants and consumers will be pulled into the SeaMoney ecosystem, which not only allows digital payments but also helps merchants and consumers get financing. Of course, at the moment the company is focusing on expansion, but we know full well that both eCommerce and Digital Finance can be lucrative segments.</p><p><blockquote>Shopee和SeaMoney将携手发展。随着Shopee的发展，更多的商家和消费者将被拉入SeaMoney生态系统，该生态系统不仅允许数字支付，还可以帮助商家和消费者获得融资。当然，目前该公司正专注于扩张，但我们非常清楚，电子商务和数字金融都可能是利润丰厚的领域。</blockquote></p><p> Garena, which is responsible for creating Free Fire, is on another path. User growth is slowing down, this is true, but there is still plenty of room for monetization. The company has made moves in the right direction here by releasing Free Fire MAX, a premium version of the game. In a recent article on Seeking Alpha,JR Research pointed out that Garena continues to increase the proportion of paying users to active users, which are also growing, albeit at a slower rate.</p><p><blockquote>负责制造自由火力的Garena走的是另一条路。用户增长放缓，这是事实，但变现空间依然很大。该公司在这方面朝着正确的方向迈出了步伐，发布了游戏的高级版本Free Fire MAX。在Seeking Alpha最近的一篇文章中，JR Research指出，Garena继续提高付费用户与活跃用户的比例，活跃用户也在增长，尽管速度较慢。</blockquote></p><p> <b>Comparative Valuation</b></p><p><blockquote><b>比较估值</b></blockquote></p><p> With all that said, I do feel like sometimes Sea Limited gets judged unfairly, precisely because it has such a successful and profitable segment thanks to Free Fire. Investors often look at Sea's earnings and complain that they aren't growing fast enough, but this is not the company's objective. If Shopee or SeaMoney traded separately as \"exciting and fast-growing start-ups\" investors would be much less harsh with the valuation.</p><p><blockquote>综上所述，我确实觉得Sea Limited有时会受到不公平的评判，正是因为它凭借Free Fire拥有如此成功且盈利的细分市场。投资者经常查看Sea的盈利并抱怨它们增长不够快，但这不是该公司的目标。如果Shopee或SeaMoney作为“令人兴奋且快速增长的初创企业”单独交易，投资者对估值的苛刻程度就会小得多。</blockquote></p><p> Sea Limited is a growth company in a growth economy, and it should be judged on its growth and revenue, not on its earnings:</p><p><blockquote>Sea Limited是增长型经济体中的一家成长型公司，应该根据其增长和收入来判断，而不是根据其盈利：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabf7759dd81e88d0603fc2f17137235\" tg-width=\"905\" tg-height=\"313\" width=\"100%\" height=\"auto\"><span>Data Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源：寻求阿尔法</span></p></blockquote></p><p></p><p> Above we can see valuation ratios for Sea and what I consider to be some similar companies, though I am sure this will be a contentious point. Meli competes head-on with Sea in the eCommerce and fulfilment space. Roblox (RBLX) is an up and coming game/platform, and it is comparable to Free Fire. Shopify Inc.(NYSE:SHOP)has some unique characteristics, but it is also similar in many ways to Sea. It offers an eCommerce platform and helps merchants sell their products, and Shopify Pay is comparable to SeaMoney. Also, all of these companies are high growth companies through Sea is the best in this regard.</p><p><blockquote>上面我们可以看到Sea的估值比率以及我认为的一些类似公司，尽管我确信这将是一个有争议的问题。Meli在电子商务和履行领域与Sea正面竞争。Roblox（RBLX）是一款崭露头角的游戏/平台，可与Free Fire相媲美。Shopify Inc.（纽约证券交易所股票代码：SHOP）有一些独特的特征，但它在许多方面也与Sea相似。它提供了一个电子商务平台，帮助商家销售他们的产品，Shopify Pay可与SeaMoney相媲美。此外，所有这些公司都是高增长公司，Sea在这方面是最好的。</blockquote></p><p> In terms of P/S and EV/Sales though, Sea is cheaper than the rest of these companies, except for Meli. Also, I like the fact that Sea has a Price/Book in line with that of Shopify. Arguably these other companies could be said to be overvalued, but the idea here is to compare these companies amongst each other.</p><p><blockquote>不过，就P/S和EV/销售额而言，Sea比除Meli之外的其他公司便宜。此外，我喜欢Sea的价格/书与Shopify一致。可以说，这些其他公司可以说被高估了，但这里的想法是将这些公司相互比较。</blockquote></p><p> Ultimately, Sea is growing incredibly fast, and though it isn't \"profitable\", we know that it's building a business model that will be. A P/S of 14 seems attractive given all of this and the ratio is below the more recent average of around 20.</p><p><blockquote>最终，Sea的增长速度令人难以置信，尽管它没有“盈利”，但我们知道它正在建立一种将会“盈利”的商业模式。考虑到所有这些因素，14的市盈率似乎很有吸引力，而且该比率低于最近20左右的平均水平。</blockquote></p><p> <b>Other Considerations</b></p><p><blockquote><b>其他考虑</b></blockquote></p><p> Some investors might think that, with the Federal Reserve tightening monetary policy, this is not a good time. The first issue here would be; how long can the Fed tighten? We've seen this play out before in 2018, and we know how it ends. More importantly though, while the Fed tightens, the PBOC is loosening monetary policy, as we saw the key benchmark lending rate cut last week.</p><p><blockquote>一些投资者可能会认为，随着美联储收紧货币政策，现在不是一个好时机。第一个问题是：美联储还能收紧多久？我们之前在2018年看到过这种情况，我们知道它会如何结束。但更重要的是，在美联储收紧货币政策的同时，中国人民银行正在放松货币政策，正如我们上周看到的关键基准贷款利率下调。</blockquote></p><p> What does this mean for Sea? The effects are unclear. Easy credit in the area will help the company and its customers, but what about exchange rates? Some of these countries try to keep pegs to major currencies, so this might not change. This would suggest that South Eastern economies might have to follow the Fed in tightening monetary policy to defend this exchange rate.</p><p><blockquote>这对海洋意味着什么？其影响尚不清楚。该地区的宽松信贷将有助于该公司及其客户，但汇率呢？其中一些国家试图保持与主要货币的挂钩，因此这可能不会改变。这表明东南部经济体可能不得不跟随美联储收紧货币政策以捍卫这一汇率。</blockquote></p><p> And lastly, what if COVID returns in full force? Again, the effects would be unclear. In many ways, Sea's business could be improved by this, even if the economy suffers overall.</p><p><blockquote>最后，如果COVID全面回归怎么办？同样，其影响尚不清楚。在许多方面，即使整体经济受到影响，Sea的业务也可以因此得到改善。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> Nothing much has changed for Sea Limited in recent months, except for its share price, and I'd be remiss if I didn't point out this buying opportunity. The company is expanding in all areas, and even increasing its profitability, though that is less important. I'm excited to see what 2022 holds for this stock.</p><p><blockquote>近几个月来，除了股价之外，Sea Limited没有太大变化，如果我不指出这个买入机会，那就是我的失职。该公司正在各个领域扩张，甚至提高了盈利能力，尽管这不太重要。我很高兴看到这只股票在2022年的表现。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4476595-sea-limited-an-early-christmas-gift\">Seeking Alpha</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":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4476595-sea-limited-an-early-christmas-gift","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107827800","content_text":"Summary\n\nSea Limited is a growing company in a growing economy.\nAt this stage, the company should be judged on its growth, not earnings.\nThe recent fall in price makes the stock look attractive when compared to similar growth stories.\n\nFreshSplash/E+ via Getty Images\nThesis Summary\nSea Limited (SE) is one of those companies that divide the room. The stock was one of the best performing of 2020/2021 but has now fallen over 30% from its all-time high following a general sell-off which has been most felt in growth stocks.\nHowever, Sea's fundamental growth story remains strong, and the fact that it is running at a loss should not bother investors at this point. If we look at each segment individually, there's a lot to like, and an argument could be made for a much higher price than today. On a final note, Sea should also be aided by the recent policy change coming from China's Central bank, the PBOC, and overall macroeconomic trends.\nA Quick Recap\nSea Limited has three main segments; Digital Entertainment (Garena), Financial Services (SeaMoney) and E-commerce (Shopee). This is how they performed in the last quarter.\nSource: Investor Presentation\nAs we can see, Digital Entertainment is the only segment bringing in operating income. Meanwhile, eCommerce and Digital Finance are running at a loss. However, the growth rates at this point justify the investment. GMV for Shopee was up 81% YoY, and TPV processed through SeaMoney is up 111% YoY.\nDespite strong growth across the board, Sea Limited has come down significantly in the last few weeks, providing us with a perfect opportunity to buy a stock with an incredibly appealing fundamental growth story.\nGrowth And Profitability Prospects\nFirstly, let's talk about Sea's main geographical market; Southeast Asia. SEA economies are experiencing not just a fast level of growth, but also digitalization, which bodes incredibly well for SE.\nSource: SEA Economy Report\nBy 2025, the Internet economy is poised to reach over $300 billion in GMV. Indonesia, Vietnam and Thailand will be amongst the fastest growing Internet economies, and these are all areas where the company has a strong presence. On top of that, Sea is also expanding into Latin America, where it has challenged and surpassed MercadoLibre (MELI) in some countries like Brazil.\nShopee and SeaMoney will grow hand in hand. As Shopee grows, more merchants and consumers will be pulled into the SeaMoney ecosystem, which not only allows digital payments but also helps merchants and consumers get financing. Of course, at the moment the company is focusing on expansion, but we know full well that both eCommerce and Digital Finance can be lucrative segments.\nGarena, which is responsible for creating Free Fire, is on another path. User growth is slowing down, this is true, but there is still plenty of room for monetization. The company has made moves in the right direction here by releasing Free Fire MAX, a premium version of the game. In a recent article on Seeking Alpha,JR Research pointed out that Garena continues to increase the proportion of paying users to active users, which are also growing, albeit at a slower rate.\nComparative Valuation\nWith all that said, I do feel like sometimes Sea Limited gets judged unfairly, precisely because it has such a successful and profitable segment thanks to Free Fire. Investors often look at Sea's earnings and complain that they aren't growing fast enough, but this is not the company's objective. If Shopee or SeaMoney traded separately as \"exciting and fast-growing start-ups\" investors would be much less harsh with the valuation.\nSea Limited is a growth company in a growth economy, and it should be judged on its growth and revenue, not on its earnings:\nData Source: Seeking Alpha\nAbove we can see valuation ratios for Sea and what I consider to be some similar companies, though I am sure this will be a contentious point. Meli competes head-on with Sea in the eCommerce and fulfilment space. Roblox (RBLX) is an up and coming game/platform, and it is comparable to Free Fire. Shopify Inc.(NYSE:SHOP)has some unique characteristics, but it is also similar in many ways to Sea. It offers an eCommerce platform and helps merchants sell their products, and Shopify Pay is comparable to SeaMoney. Also, all of these companies are high growth companies through Sea is the best in this regard.\nIn terms of P/S and EV/Sales though, Sea is cheaper than the rest of these companies, except for Meli. Also, I like the fact that Sea has a Price/Book in line with that of Shopify. Arguably these other companies could be said to be overvalued, but the idea here is to compare these companies amongst each other.\nUltimately, Sea is growing incredibly fast, and though it isn't \"profitable\", we know that it's building a business model that will be. A P/S of 14 seems attractive given all of this and the ratio is below the more recent average of around 20.\nOther Considerations\nSome investors might think that, with the Federal Reserve tightening monetary policy, this is not a good time. The first issue here would be; how long can the Fed tighten? We've seen this play out before in 2018, and we know how it ends. More importantly though, while the Fed tightens, the PBOC is loosening monetary policy, as we saw the key benchmark lending rate cut last week.\nWhat does this mean for Sea? The effects are unclear. Easy credit in the area will help the company and its customers, but what about exchange rates? Some of these countries try to keep pegs to major currencies, so this might not change. This would suggest that South Eastern economies might have to follow the Fed in tightening monetary policy to defend this exchange rate.\nAnd lastly, what if COVID returns in full force? Again, the effects would be unclear. In many ways, Sea's business could be improved by this, even if the economy suffers overall.\nTakeaway\nNothing much has changed for Sea Limited in recent months, except for its share price, and I'd be remiss if I didn't point out this buying opportunity. The company is expanding in all areas, and even increasing its profitability, though that is less important. I'm excited to see what 2022 holds for this stock.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":2629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698232936,"gmtCreate":1640401634587,"gmtModify":1640401634924,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Bad","listText":"Bad","text":"Bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698232936","repostId":"1117254761","repostType":4,"isVote":1,"tweetType":1,"viewCount":2952,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698236696,"gmtCreate":1640401562753,"gmtModify":1640401563101,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698236696","repostId":"2193127176","repostType":4,"isVote":1,"tweetType":1,"viewCount":3138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698198371,"gmtCreate":1640314005380,"gmtModify":1640314006597,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698198371","repostId":"1125729979","repostType":4,"repost":{"id":"1125729979","kind":"news","pubTimestamp":1640304436,"share":"https://www.laohu8.com/m/news/1125729979?lang=zh_CN&edition=full","pubTime":"2021-12-24 08:07","market":"sg","language":"en","title":"Singapore Stock Market Has A Green Light For Friday's Trade<blockquote>新加坡股市周五交易开绿灯</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1125729979","media":"RTTNews","summary":"The Singapore stock market has finished higher in three straight sessions, gathering almost 25 point","content":"<p>The Singapore stock market has finished higher in three straight sessions, gathering almost 25 points or 0.8 percent along the way. The Straits Times Index now sits just above the 3,095-point plateau and it may extend its gains on Friday.</p><p><blockquote>新加坡股市连续三个交易日收高，上涨近25点或0.8%。海峡时报指数目前略高于3,095点的高位，周五可能会延续涨幅。</blockquote></p><p> The global forecast for the Asian markets is upbeat on easing virus concerns, rising crude oil prices and solid economic data. The European and U.S. markets were up and the Asian markets are expected to open in similar fashion.</p><p><blockquote>由于病毒担忧缓解、原油价格上涨和稳健的经济数据，全球对亚洲市场的预测是乐观的。欧洲和美国市场上涨，预计亚洲市场也将以类似的方式开盘。</blockquote></p><p> The STI finished modestly higher on Thursday following gains from the financial shares, property stocks and plantations.</p><p><blockquote>继金融股、房地产股和种植园上涨后，海指周四小幅收高。</blockquote></p><p> For the day, the index rose 9.30 points or 0.30 percent to finish at 3,096.81 after trading between 3,090.25 and 3,104.18. Volume was 878.5 million shares worth S$515.8 million. There were 265 gainers and 169 decliners.</p><p><blockquote>当天，该指数在3,090.25点至3,104.18点之间交易后，上涨9.30点或0.30%，收于3,096.81点。成交量为8.785亿股，价值5.158亿新元。上涨265家，下跌169家。</blockquote></p><p> Among the actives, Ascendas REIT fell 0.34 percent, while CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both gained 0.51 percent, City Developments jumped 0.76 percent, Comfort DelGro climbed 0.74 percent, Dairy Farm International surged 2.23 percent, DBS Group increased 0.37 percent, Genting Singapore advanced 0.66 percent, Hongkong Land rallied 1.17 percent, Keppel Corp rose 0.39 percent, Mapletree Logistics Trust added 0.54 percent, Oversea-Chinese Banking Corporation collected 0.44 percent, SATS accelerated 1.32 percent, SembCorp Industries shed 0.50 percent, Singapore Airlines spiked 1.45 percent, Singapore Exchange was up 0.11 percent, Singapore Press Holdings lost 0.43 percent, Thai Beverage sank 0.75 percent, Wilmar International soared 1.50 percent and Yangzijiang Shipbuilding, Singapore Technologies Engineering, United Overseas Bank and SingTel were unchanged.</p><p><blockquote>活跃股中，腾飞房地产投资信托下跌0.34%，凯德综合商业信托和丰树商业信托均上涨0.51%，城市发展上涨0.76%，Comfort DelGro上涨0.74%，Dairy Farm International飙升2.23%，星展集团上涨0.37%，云顶新加坡上涨0.66%，香港置地上涨1.17%，吉宝企业上涨0.39%，丰树物流信托上涨0.54%，华侨银行收集0.44%，胜科工业下跌0.50%，新加坡航空飙升1.45%，新加坡报业控股下跌0.43%，泰国饮料下跌0.75%，丰益国际飙升1.50%，扬子江造船、新加坡技术工程、大华银行和新加坡电信持平。</blockquote></p><p> The lead from Wall Street is positive as the major averages opened higher on Thursday and remained comfortably in the green throughout the session, ending near record highs.</p><p><blockquote>华尔街的领先是积极的，主要股指周四开盘走高，并在整个交易日轻松保持绿色，收盘接近历史高点。</blockquote></p><p> The Dow jumped 196.67 points or 0.55 percent to finish at 35,950.56, while the NASDAQ climbed 131.48 points or 0.85 percent to close at 15,653.37 and the S&P 500 rose 29.23 points or 0.62 percent to end at 4,725.79. For the holiday-shortened week, the NASDAQ spiked 3.2 percent, the S&P improved 2.3 percent and the Dow gained 1.7 percent.</p><p><blockquote>道琼斯指数上涨196.67点或0.55%，收于35,950.56点；纳斯达克上涨131.48点或0.85%，收于15,653.37点；标普500上涨29.23点或0.62%，收于4,725.79点。在假期缩短的一周，纳斯达克上涨3.2%，标准普尔指数上涨2.3%，道琼斯指数上涨1.7%。</blockquote></p><p> Easing concerns about the Omicron variant of the coronavirus contributed to the continued strength on Wall Street, as separate studies have indicated the new strain poses a lower risk of severe disease and hospitalization than the Delta variant.</p><p><blockquote>对冠状病毒奥密克戎变种的担忧缓解导致华尔街持续走强，因为单独的研究表明，与德尔塔变异毒株相比，新毒株造成严重疾病和住院的风险更低。</blockquote></p><p> Traders were also reacting to a slew of economic data, including a Labor Department report showing first-time claims for U.S. jobless benefits came in flat last week. Also, the Commerce Department said new orders for U.S. manufactured durable goods spiked much more than expected in November.</p><p><blockquote>交易员还对一系列经济数据做出了反应，包括劳工部的一份报告显示，上周美国首次申请失业救济人数持平。此外，商务部表示，11月份美国制造耐用品的新订单增幅远高于预期。</blockquote></p><p> Meanwhile, the Commerce Department also noted a continued acceleration in the pace of core consumer price growth last month, and also that new home sales skyrocketed.</p><p><blockquote>与此同时，商务部还指出，上个月核心消费者价格增长步伐持续加快，新房销售飙升。</blockquote></p><p> Crude oil futures extended gains to a third straight day amid hopes about outlook for energy demand as concerns about Omicron variant of the coronavirus faded. West Texas Intermediate Crude oil futures for February ended higher by $1.03 or 1.4 percent at $73.79 a barrel.</p><p><blockquote>随着对冠状病毒奥密克戎变种的担忧消退，人们对能源需求前景抱有希望，原油期货连续第三天扩大涨幅。西德克萨斯中质原油2月期货收高1.03美元或1.4%，报每桶73.79美元。</blockquote></p><p></p>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market Has A Green Light For Friday's Trade<blockquote>新加坡股市周五交易开绿灯</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\">\nSingapore Stock Market Has A Green Light For Friday's Trade<blockquote>新加坡股市周五交易开绿灯</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">RTTNews</strong><span class=\"h-time small\">2021-12-24 08:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Singapore stock market has finished higher in three straight sessions, gathering almost 25 points or 0.8 percent along the way. The Straits Times Index now sits just above the 3,095-point plateau and it may extend its gains on Friday.</p><p><blockquote>新加坡股市连续三个交易日收高，上涨近25点或0.8%。海峡时报指数目前略高于3,095点的高位，周五可能会延续涨幅。</blockquote></p><p> The global forecast for the Asian markets is upbeat on easing virus concerns, rising crude oil prices and solid economic data. The European and U.S. markets were up and the Asian markets are expected to open in similar fashion.</p><p><blockquote>由于病毒担忧缓解、原油价格上涨和稳健的经济数据，全球对亚洲市场的预测是乐观的。欧洲和美国市场上涨，预计亚洲市场也将以类似的方式开盘。</blockquote></p><p> The STI finished modestly higher on Thursday following gains from the financial shares, property stocks and plantations.</p><p><blockquote>继金融股、房地产股和种植园上涨后，海指周四小幅收高。</blockquote></p><p> For the day, the index rose 9.30 points or 0.30 percent to finish at 3,096.81 after trading between 3,090.25 and 3,104.18. Volume was 878.5 million shares worth S$515.8 million. There were 265 gainers and 169 decliners.</p><p><blockquote>当天，该指数在3,090.25点至3,104.18点之间交易后，上涨9.30点或0.30%，收于3,096.81点。成交量为8.785亿股，价值5.158亿新元。上涨265家，下跌169家。</blockquote></p><p> Among the actives, Ascendas REIT fell 0.34 percent, while CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both gained 0.51 percent, City Developments jumped 0.76 percent, Comfort DelGro climbed 0.74 percent, Dairy Farm International surged 2.23 percent, DBS Group increased 0.37 percent, Genting Singapore advanced 0.66 percent, Hongkong Land rallied 1.17 percent, Keppel Corp rose 0.39 percent, Mapletree Logistics Trust added 0.54 percent, Oversea-Chinese Banking Corporation collected 0.44 percent, SATS accelerated 1.32 percent, SembCorp Industries shed 0.50 percent, Singapore Airlines spiked 1.45 percent, Singapore Exchange was up 0.11 percent, Singapore Press Holdings lost 0.43 percent, Thai Beverage sank 0.75 percent, Wilmar International soared 1.50 percent and Yangzijiang Shipbuilding, Singapore Technologies Engineering, United Overseas Bank and SingTel were unchanged.</p><p><blockquote>活跃股中，腾飞房地产投资信托下跌0.34%，凯德综合商业信托和丰树商业信托均上涨0.51%，城市发展上涨0.76%，Comfort DelGro上涨0.74%，Dairy Farm International飙升2.23%，星展集团上涨0.37%，云顶新加坡上涨0.66%，香港置地上涨1.17%，吉宝企业上涨0.39%，丰树物流信托上涨0.54%，华侨银行收集0.44%，胜科工业下跌0.50%，新加坡航空飙升1.45%，新加坡报业控股下跌0.43%，泰国饮料下跌0.75%，丰益国际飙升1.50%，扬子江造船、新加坡技术工程、大华银行和新加坡电信持平。</blockquote></p><p> The lead from Wall Street is positive as the major averages opened higher on Thursday and remained comfortably in the green throughout the session, ending near record highs.</p><p><blockquote>华尔街的领先是积极的，主要股指周四开盘走高，并在整个交易日轻松保持绿色，收盘接近历史高点。</blockquote></p><p> The Dow jumped 196.67 points or 0.55 percent to finish at 35,950.56, while the NASDAQ climbed 131.48 points or 0.85 percent to close at 15,653.37 and the S&P 500 rose 29.23 points or 0.62 percent to end at 4,725.79. For the holiday-shortened week, the NASDAQ spiked 3.2 percent, the S&P improved 2.3 percent and the Dow gained 1.7 percent.</p><p><blockquote>道琼斯指数上涨196.67点或0.55%，收于35,950.56点；纳斯达克上涨131.48点或0.85%，收于15,653.37点；标普500上涨29.23点或0.62%，收于4,725.79点。在假期缩短的一周，纳斯达克上涨3.2%，标准普尔指数上涨2.3%，道琼斯指数上涨1.7%。</blockquote></p><p> Easing concerns about the Omicron variant of the coronavirus contributed to the continued strength on Wall Street, as separate studies have indicated the new strain poses a lower risk of severe disease and hospitalization than the Delta variant.</p><p><blockquote>对冠状病毒奥密克戎变种的担忧缓解导致华尔街持续走强，因为单独的研究表明，与德尔塔变异毒株相比，新毒株造成严重疾病和住院的风险更低。</blockquote></p><p> Traders were also reacting to a slew of economic data, including a Labor Department report showing first-time claims for U.S. jobless benefits came in flat last week. Also, the Commerce Department said new orders for U.S. manufactured durable goods spiked much more than expected in November.</p><p><blockquote>交易员还对一系列经济数据做出了反应，包括劳工部的一份报告显示，上周美国首次申请失业救济人数持平。此外，商务部表示，11月份美国制造耐用品的新订单增幅远高于预期。</blockquote></p><p> Meanwhile, the Commerce Department also noted a continued acceleration in the pace of core consumer price growth last month, and also that new home sales skyrocketed.</p><p><blockquote>与此同时，商务部还指出，上个月核心消费者价格增长步伐持续加快，新房销售飙升。</blockquote></p><p> Crude oil futures extended gains to a third straight day amid hopes about outlook for energy demand as concerns about Omicron variant of the coronavirus faded. West Texas Intermediate Crude oil futures for February ended higher by $1.03 or 1.4 percent at $73.79 a barrel.</p><p><blockquote>随着对冠状病毒奥密克戎变种的担忧消退，人们对能源需求前景抱有希望，原油期货连续第三天扩大涨幅。西德克萨斯中质原油2月期货收高1.03美元或1.4%，报每桶73.79美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.rttnews.com/3251425/singapore-stock-market-has-a-green-light-for-friday-s-trade.aspx\">RTTNews</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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3251425/singapore-stock-market-has-a-green-light-for-friday-s-trade.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125729979","content_text":"The Singapore stock market has finished higher in three straight sessions, gathering almost 25 points or 0.8 percent along the way. The Straits Times Index now sits just above the 3,095-point plateau and it may extend its gains on Friday.\nThe global forecast for the Asian markets is upbeat on easing virus concerns, rising crude oil prices and solid economic data. The European and U.S. markets were up and the Asian markets are expected to open in similar fashion.\nThe STI finished modestly higher on Thursday following gains from the financial shares, property stocks and plantations.\nFor the day, the index rose 9.30 points or 0.30 percent to finish at 3,096.81 after trading between 3,090.25 and 3,104.18. Volume was 878.5 million shares worth S$515.8 million. There were 265 gainers and 169 decliners.\nAmong the actives, Ascendas REIT fell 0.34 percent, while CapitaLand Integrated Commercial Trust and Mapletree Commercial Trust both gained 0.51 percent, City Developments jumped 0.76 percent, Comfort DelGro climbed 0.74 percent, Dairy Farm International surged 2.23 percent, DBS Group increased 0.37 percent, Genting Singapore advanced 0.66 percent, Hongkong Land rallied 1.17 percent, Keppel Corp rose 0.39 percent, Mapletree Logistics Trust added 0.54 percent, Oversea-Chinese Banking Corporation collected 0.44 percent, SATS accelerated 1.32 percent, SembCorp Industries shed 0.50 percent, Singapore Airlines spiked 1.45 percent, Singapore Exchange was up 0.11 percent, Singapore Press Holdings lost 0.43 percent, Thai Beverage sank 0.75 percent, Wilmar International soared 1.50 percent and Yangzijiang Shipbuilding, Singapore Technologies Engineering, United Overseas Bank and SingTel were unchanged.\nThe lead from Wall Street is positive as the major averages opened higher on Thursday and remained comfortably in the green throughout the session, ending near record highs.\nThe Dow jumped 196.67 points or 0.55 percent to finish at 35,950.56, while the NASDAQ climbed 131.48 points or 0.85 percent to close at 15,653.37 and the S&P 500 rose 29.23 points or 0.62 percent to end at 4,725.79. For the holiday-shortened week, the NASDAQ spiked 3.2 percent, the S&P improved 2.3 percent and the Dow gained 1.7 percent.\nEasing concerns about the Omicron variant of the coronavirus contributed to the continued strength on Wall Street, as separate studies have indicated the new strain poses a lower risk of severe disease and hospitalization than the Delta variant.\nTraders were also reacting to a slew of economic data, including a Labor Department report showing first-time claims for U.S. jobless benefits came in flat last week. Also, the Commerce Department said new orders for U.S. manufactured durable goods spiked much more than expected in November.\nMeanwhile, the Commerce Department also noted a continued acceleration in the pace of core consumer price growth last month, and also that new home sales skyrocketed.\nCrude oil futures extended gains to a third straight day amid hopes about outlook for energy demand as concerns about Omicron variant of the coronavirus faded. West Texas Intermediate Crude oil futures for February ended higher by $1.03 or 1.4 percent at $73.79 a barrel.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698191515,"gmtCreate":1640313983954,"gmtModify":1640313985179,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091925166419540","authorIdStr":"4091925166419540"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698191515","repostId":"2193078140","repostType":4,"isVote":1,"tweetType":1,"viewCount":2944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}