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Billy_Tay
2021-07-08
yes
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Billy_Tay
2021-04-03
skillz is a good stock
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Billy_Tay
2021-03-20
[惊讶]
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","listText":"yes ","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149163474","repostId":"1147624382","repostType":4,"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340526613,"gmtCreate":1617436601432,"gmtModify":1634520959929,"author":{"id":"3567645894599649","authorId":"3567645894599649","name":"Billy_Tay","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567645894599649","authorIdStr":"3567645894599649"},"themes":[],"htmlText":"skillz is a good stock ","listText":"skillz is a good stock ","text":"skillz is a good 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","text":"[惊讶]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/350546826","repostId":"2120148494","repostType":2,"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":350546826,"gmtCreate":1616239609165,"gmtModify":1634526613563,"author":{"id":"3567645894599649","authorId":"3567645894599649","name":"Billy_Tay","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567645894599649","authorIdStr":"3567645894599649"},"themes":[],"htmlText":"[惊讶] ","listText":"[惊讶] ","text":"[惊讶]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/350546826","repostId":"2120148494","repostType":2,"repost":{"id":"2120148494","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1616226213,"share":"https://www.laohu8.com/m/news/2120148494?lang=&edition=full","pubTime":"2021-03-20 15:43","market":"us","language":"en","title":"Apple CEO Cook, execs on tentative list of witnesses in Epic Games case","url":"https://stock-news.laohu8.com/highlight/detail?id=2120148494","media":"Reuters","summary":"March 20 (Reuters) - Apple Inc's CEO Tim Cook, software chief Craig Federighi and other executive","content":"<html><body><p>March 20 (Reuters) - Apple Inc's CEO Tim Cook, software chief Craig Federighi and other executives were named on a tentative list of witnesses in the software giant's case against Epic Games, a court filing dated March 19 showed.</p><p> App Store Vice President Matt Fischer and Apple Fellow Phil Schiller were also named on the list submitted to the U.S. District Court Northern District of California Oakland Division, a copy of which was seen by Reuters.</p><p> The iPhone maker has been at loggerheads with Epic Games, the creator of the popular game Fortnite, which last year tried to avoid a 30% fee which Apple charges developers on the App Store by launching its own in-app payment system. The move prompted Apple to ban Fortnite from its store. </p><p> In a separate court filing, Epic Games listed its founder and Chief Executive Tim Sweeney among its own witnesses in the case.</p><p> Apple did not immediately respond to a Reuters request for comment, but told Bloomberg </p><p>in a statement that it felt \"confident the case will prove that Epic purposefully breached its agreement solely to increase its revenues.\"</p><p> A direct message to Epic Games on <a href=\"https://laohu8.com/S/AONE\">one</a> of its official <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> handles did not elicit an immediate response.</p><p> (Reporting by Ismail Shakil and Derek Francis in Bengaluru; editing by Jason Neely)</p><p>((derek.francis@thomsonreuters.com; +91-9986311363 and @derekfrancis089 on Twitter;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple CEO Cook, execs on tentative list of witnesses in Epic Games case</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple CEO Cook, execs on tentative list of witnesses in Epic Games case\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-20 15:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>March 20 (Reuters) - Apple Inc's CEO Tim Cook, software chief Craig Federighi and other executives were named on a tentative list of witnesses in the software giant's case against Epic Games, a court filing dated March 19 showed.</p><p> App Store Vice President Matt Fischer and Apple Fellow Phil Schiller were also named on the list submitted to the U.S. District Court Northern District of California Oakland Division, a copy of which was seen by Reuters.</p><p> The iPhone maker has been at loggerheads with Epic Games, the creator of the popular game Fortnite, which last year tried to avoid a 30% fee which Apple charges developers on the App Store by launching its own in-app payment system. The move prompted Apple to ban Fortnite from its store. </p><p> In a separate court filing, Epic Games listed its founder and Chief Executive Tim Sweeney among its own witnesses in the case.</p><p> Apple did not immediately respond to a Reuters request for comment, but told Bloomberg </p><p>in a statement that it felt \"confident the case will prove that Epic purposefully breached its agreement solely to increase its revenues.\"</p><p> A direct message to Epic Games on <a href=\"https://laohu8.com/S/AONE\">one</a> of its official <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> handles did not elicit an immediate response.</p><p> (Reporting by Ismail Shakil and Derek Francis in Bengaluru; editing by Jason Neely)</p><p>((derek.francis@thomsonreuters.com; +91-9986311363 and @derekfrancis089 on Twitter;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","AAPL":"苹果"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2120148494","content_text":"March 20 (Reuters) - Apple Inc's CEO Tim Cook, software chief Craig Federighi and other executives were named on a tentative list of witnesses in the software giant's case against Epic Games, a court filing dated March 19 showed. App Store Vice President Matt Fischer and Apple Fellow Phil Schiller were also named on the list submitted to the U.S. District Court Northern District of California Oakland Division, a copy of which was seen by Reuters. The iPhone maker has been at loggerheads with Epic Games, the creator of the popular game Fortnite, which last year tried to avoid a 30% fee which Apple charges developers on the App Store by launching its own in-app payment system. The move prompted Apple to ban Fortnite from its store. In a separate court filing, Epic Games listed its founder and Chief Executive Tim Sweeney among its own witnesses in the case. Apple did not immediately respond to a Reuters request for comment, but told Bloomberg in a statement that it felt \"confident the case will prove that Epic purposefully breached its agreement solely to increase its revenues.\" A direct message to Epic Games on one of its official Twitter handles did not elicit an immediate response. (Reporting by Ismail Shakil and Derek Francis in Bengaluru; editing by Jason Neely)((derek.francis@thomsonreuters.com; +91-9986311363 and @derekfrancis089 on Twitter;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":149163474,"gmtCreate":1625709698098,"gmtModify":1633938127272,"author":{"id":"3567645894599649","authorId":"3567645894599649","name":"Billy_Tay","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567645894599649","authorIdStr":"3567645894599649"},"themes":[],"htmlText":"yes ","listText":"yes ","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149163474","repostId":"1147624382","repostType":4,"repost":{"id":"1147624382","kind":"news","pubTimestamp":1625709040,"share":"https://www.laohu8.com/m/news/1147624382?lang=&edition=full","pubTime":"2021-07-08 09:50","market":"us","language":"en","title":"Evergrande’s $32 Billion Pile of IOUs Adds to Liquidity Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1147624382","media":"Bloomberg","summary":"Embattled developer ramps up commercial bill issuance\nImplied yields on some bills have climbed as h","content":"<ul>\n <li>Embattled developer ramps up commercial bill issuance</li>\n <li>Implied yields on some bills have climbed as high as 36%</li>\n</ul>\n<p>AsChina Evergrande Grouptries to quell concerns about its financial health, the property giant has gone to great lengths to publicize its shrinking debt load.</p>\n<p>What the developer rarely mentions, however, is that it’s also ramping up issuance of short-term IOUs. While not technically classified as debt, Evergrande’s growing reliance on such financing -- known in <a href=\"https://laohu8.com/S/CAAS\">China</a> as commercial bills -- suggests the company faces mounting liquidity pressure as banks and bond investors increasingly shyawayfrom providing it with longer-term funds.</p>\n<p>Evergrande’s main onshore subsidiary had about $32 billion of commercial bills outstanding as of December, the most of any major Chinese real estate company. Some bills issued by its units are now trading in the secondary market at implied yields as high as 36%, after a series of missedpaymentsthis year. By comparison, Evergrande dollar bonds due 2025 yield about 25%.</p>\n<p>“The amount of Evergrande’s outstanding commercial bills is massive,” said Dong Ma, a Beijing-based partner at BG Capital, which specializes in high-yield bond investments. “It has apparently become a vital fundraising channel.”</p>\n<p>Evergrande’s turn toward short-term funding casts doubt on whether its widely touted deleveraging campaign has actually made its finances more sustainable. Even as the debt line item on its balance sheet has shrunk, total liabilities -- which includes commercial bills and other short-term payables -- grew to a record 1.95 trillion yuan ($301.6 billion) last year.</p>\n<p>While Evergrande has said it will make good on all its overdue payments, any sign the company is struggling to follow through could lead to a broader freeze in China’s $560 billion-plus commercial bill market.</p>\n<p>Missed payments would also weigh on Evergrande’s vast network of suppliers, which are among the biggest holders of the developer’s IOUs and have less scope to absorb losses than banks. Those risks could add pressure on Chinese authorities to provide support for Evergrande, though any such decision would likely be weighed against the government’s desire to rein in moral hazard.</p>\n<p>Evergrande Dwarfs Peers</p>\n<p>Outstanding commercial bills of China's top 10 developers by sales in 2020</p>\n<p>Source: Company filings</p>\n<p>Note: Excludes <a href=\"https://laohu8.com/S/01109\">China Resources Land</a>, which doesn't have breakdown on commercial bills</p>\n<p>“If Evergrande has serious payment difficulties, it would have a sweeping impact across the whole industry chain,” said Yan Yuejin, research director at Shanghai-based E-house China Research and Development Institute. “Lots of small suppliers’ liquidity would be affected.”</p>\n<p>Evergrande didn’t reply to a request for comment. The developer cut its total borrowings to about $88 billion in late June, down 20% since the end of last year. That allowed it to meet <a href=\"https://laohu8.com/S/AONE\">one</a> of China’s “Three Red Lines” for property developers, metrics that determine whether the companies can take on additional debt.<img src=\"https://static.tigerbbs.com/468661def5a8f2c8cb10b34ba8c3a1f5\" tg-width=\"705\" tg-height=\"271\" referrerpolicy=\"no-referrer\">While Evergrande’s debt declined in the first half, its payables -- including commercial bills -- probably continued to increase, according to Zhou Chuanyi, an analyst with Lucror Analytics. The company’s total trade and bills payables rose 14% to 622 billion yuan last year, according to Fitch Ratings, whichdowngradedEvergrande’s credit rating by <a href=\"https://laohu8.com/S/AONE.U\">one</a> notch to B in June.</p>\n<p>China Chengxin International Credit Rating Co., the country’s largest credit risk assessor, added Evergrande’s onshore unitHengda Real Estate Groupand nine of the company’s onshore bonds to a watch list in June, partly due to concerns over past-due commercial bill payments.</p>\n<p>Commercial bills have become a popular financing tool in China’s real estate industry, which has become subject to a growing number of borrowing restrictions in recent years.</p>\n<p>What's moving markets</p>\n<p>Bills come in many different forms, often depending on the specifics of a developer’s relationships with suppliers. In situations where the developer has a stronger bargaining position, it might agree to simply postpone immediate payment for a service without providing extra compensation. In other cases it may offer a sweetener, for instance by paying a supplier 1.1 million yuan in six months for 1 million yuan worth of services rendered today.</p>\n<p>Suppliers can sell their bills in the secondary market, where prices reflect market perceptions of creditworthiness. When bills trade at steep discounts to face value (or high implied yields), it suggests mounting concerns about repayment risk.</p>\n<p>Implied rates on some of Evergrande’s units are far higher than the 10% to 20% range typically seen for Chinese property companies, according to Essence Securities, a Chinese brokerage.</p>\n<p>Unlike investors in bonds and preferred shares who enjoy some priority in claiming assets, bill holders have little means to claim their payments upon a default. That’s partly why China’s central bank is asking some property developers to disclose their outstanding commercial bills monthly to regulators, local Chinese media reported in June.</p>\n<p>It may also be why some holders of overdue Evergrande bills have become increasingly vocal as they try to pressure the developer to pay up.</p>\n<p>Shanghai-listedSkshu Paint Co.said in a June 28 exchange filing that it held 51 million yuan in overdue bills owed by Evergrande units as of March 31 and that only 4% of the total was recovered by May 31.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> a day after Skshu released the filing, it said Evergrande had repaid the bills in full.</p>\n<p>“Commercial bills have previously gone largely unnoticed,” said Yan at E-house China Research. “But that is changing.”</p>","source":"lsy1584095487587","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>Evergrande’s $32 Billion Pile of IOUs Adds to Liquidity Concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande’s $32 Billion Pile of IOUs Adds to Liquidity Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:50 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-07/evergrande-s-32-billion-pile-of-ious-adds-to-liquidity-concerns><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Embattled developer ramps up commercial bill issuance\nImplied yields on some bills have climbed as high as 36%\n\nAsChina Evergrande Grouptries to quell concerns about its financial health, the property...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/evergrande-s-32-billion-pile-of-ious-adds-to-liquidity-concerns\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/evergrande-s-32-billion-pile-of-ious-adds-to-liquidity-concerns","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147624382","content_text":"Embattled developer ramps up commercial bill issuance\nImplied yields on some bills have climbed as high as 36%\n\nAsChina Evergrande Grouptries to quell concerns about its financial health, the property giant has gone to great lengths to publicize its shrinking debt load.\nWhat the developer rarely mentions, however, is that it’s also ramping up issuance of short-term IOUs. While not technically classified as debt, Evergrande’s growing reliance on such financing -- known in China as commercial bills -- suggests the company faces mounting liquidity pressure as banks and bond investors increasingly shyawayfrom providing it with longer-term funds.\nEvergrande’s main onshore subsidiary had about $32 billion of commercial bills outstanding as of December, the most of any major Chinese real estate company. Some bills issued by its units are now trading in the secondary market at implied yields as high as 36%, after a series of missedpaymentsthis year. By comparison, Evergrande dollar bonds due 2025 yield about 25%.\n“The amount of Evergrande’s outstanding commercial bills is massive,” said Dong Ma, a Beijing-based partner at BG Capital, which specializes in high-yield bond investments. “It has apparently become a vital fundraising channel.”\nEvergrande’s turn toward short-term funding casts doubt on whether its widely touted deleveraging campaign has actually made its finances more sustainable. Even as the debt line item on its balance sheet has shrunk, total liabilities -- which includes commercial bills and other short-term payables -- grew to a record 1.95 trillion yuan ($301.6 billion) last year.\nWhile Evergrande has said it will make good on all its overdue payments, any sign the company is struggling to follow through could lead to a broader freeze in China’s $560 billion-plus commercial bill market.\nMissed payments would also weigh on Evergrande’s vast network of suppliers, which are among the biggest holders of the developer’s IOUs and have less scope to absorb losses than banks. Those risks could add pressure on Chinese authorities to provide support for Evergrande, though any such decision would likely be weighed against the government’s desire to rein in moral hazard.\nEvergrande Dwarfs Peers\nOutstanding commercial bills of China's top 10 developers by sales in 2020\nSource: Company filings\nNote: Excludes China Resources Land, which doesn't have breakdown on commercial bills\n“If Evergrande has serious payment difficulties, it would have a sweeping impact across the whole industry chain,” said Yan Yuejin, research director at Shanghai-based E-house China Research and Development Institute. “Lots of small suppliers’ liquidity would be affected.”\nEvergrande didn’t reply to a request for comment. The developer cut its total borrowings to about $88 billion in late June, down 20% since the end of last year. That allowed it to meet one of China’s “Three Red Lines” for property developers, metrics that determine whether the companies can take on additional debt.While Evergrande’s debt declined in the first half, its payables -- including commercial bills -- probably continued to increase, according to Zhou Chuanyi, an analyst with Lucror Analytics. The company’s total trade and bills payables rose 14% to 622 billion yuan last year, according to Fitch Ratings, whichdowngradedEvergrande’s credit rating by one notch to B in June.\nChina Chengxin International Credit Rating Co., the country’s largest credit risk assessor, added Evergrande’s onshore unitHengda Real Estate Groupand nine of the company’s onshore bonds to a watch list in June, partly due to concerns over past-due commercial bill payments.\nCommercial bills have become a popular financing tool in China’s real estate industry, which has become subject to a growing number of borrowing restrictions in recent years.\nWhat's moving markets\nBills come in many different forms, often depending on the specifics of a developer’s relationships with suppliers. In situations where the developer has a stronger bargaining position, it might agree to simply postpone immediate payment for a service without providing extra compensation. In other cases it may offer a sweetener, for instance by paying a supplier 1.1 million yuan in six months for 1 million yuan worth of services rendered today.\nSuppliers can sell their bills in the secondary market, where prices reflect market perceptions of creditworthiness. When bills trade at steep discounts to face value (or high implied yields), it suggests mounting concerns about repayment risk.\nImplied rates on some of Evergrande’s units are far higher than the 10% to 20% range typically seen for Chinese property companies, according to Essence Securities, a Chinese brokerage.\nUnlike investors in bonds and preferred shares who enjoy some priority in claiming assets, bill holders have little means to claim their payments upon a default. That’s partly why China’s central bank is asking some property developers to disclose their outstanding commercial bills monthly to regulators, local Chinese media reported in June.\nIt may also be why some holders of overdue Evergrande bills have become increasingly vocal as they try to pressure the developer to pay up.\nShanghai-listedSkshu Paint Co.said in a June 28 exchange filing that it held 51 million yuan in overdue bills owed by Evergrande units as of March 31 and that only 4% of the total was recovered by May 31.\nJust a day after Skshu released the filing, it said Evergrande had repaid the bills in full.\n“Commercial bills have previously gone largely unnoticed,” said Yan at E-house China Research. “But that is changing.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340526613,"gmtCreate":1617436601432,"gmtModify":1634520959929,"author":{"id":"3567645894599649","authorId":"3567645894599649","name":"Billy_Tay","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567645894599649","authorIdStr":"3567645894599649"},"themes":[],"htmlText":"skillz is a good stock ","listText":"skillz is a good stock ","text":"skillz is a good stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340526613","repostId":"1188150614","repostType":4,"repost":{"id":"1188150614","kind":"news","pubTimestamp":1617366389,"share":"https://www.laohu8.com/m/news/1188150614?lang=&edition=full","pubTime":"2021-04-02 20:26","market":"us","language":"en","title":"3 Beaten-Down Stocks That Could Double Your Money","url":"https://stock-news.laohu8.com/highlight/detail?id=1188150614","media":"Motley Fool","summary":"Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.As a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, ho","content":"<p>Market rotation malaise has infected many investors. Last year, the growth stocks in the<b>Nasdaq-100</b>index trounced the staid giants in the<b>Dow Jones Industrial Average</b>. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.</p>\n<p>As a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, however: Quite a few stocks with strong growth prospects are available at discounted prices. Here are three beaten-down stocks that could even double your money -- or more.</p>\n<p><b>DermTech</b></p>\n<p><b>DermTech</b>(NASDAQ:DMTK)markets an exciting product: a skin genomics test that can detect melanoma more accurately and cheaper than surgical biopsy. Its shares soared over 145% year to date by the third week of February. Since then, though, thehealthcare stockhas fallen more than 35%.</p>\n<p>Part of the problem was the aforementioned general sell-off of growth stocks. However, DermTech also provided disappointing guidance in its fourth-quarter update. The company expects first-quarter assay revenue of between $1.6 million and $1.9 million compared to Q4 assay revenue of $1.6 million.</p>\n<p>DermTech still faces some COVID-19 headwinds in reaching out to physicians. The company's long-term growth prospects remain bright, though. DermTech continues to pick up commercial payer reimbursement for its first product, Pigmented Lesion Assay (PLA). It expects to launch an at-home genomics test that identifies ultraviolet ray damage and skin cancer risk next year.</p>\n<p>The total addressable U.S. market that DermTech is targeting for all types of skin cancer is around $10 billion. With the company's market cap currently below $1.5 billion, DermTech should only have to capture a tiny sliver of this market to deliver huge returns for investors.</p>\n<p><b>Gores Holdings VI</b></p>\n<p>Special purpose acquisition company (SPAC) stocks were wildly popular not long ago. That's changed quite a bit. <b>Gores Holdings VI</b>(NASDAQ:GHVI)serves as a great example: The SPAC's shares skyrocketed more than 120% year to date by mid-February but are now down over 40% from those highs.</p>\n<p>Gores Holdings VI and spatial data company Matterport announced on Feb. 8 that they plan to merge in a deal that will take Matterport public at an equity value of around $2.9 billion. But Matterport should be able to grow much larger than that relatively quickly.</p>\n<p>Matterport pioneered the spatial data market a decade ago. The company's technology can create a 3D \"digital twin\" of any physical space. Consulting firm<b>Accenture</b>recently picked digital twin technology asone of its top five tech trends of 2021.</p>\n<p>The company already has over 250,000 customers, including 13% of the Fortune 1000. However, less than 1% of the more than 4 billion buildings across the world are currently digitized. This represents a $240 billion opportunity for Matterport. The company expects to nearly double its revenue in 2022 with growth accelerating in subsequent years.</p>\n<p><b>Skillz</b></p>\n<p><b>Skillz</b>(NYSE:SKLZ)stands as the biggest loser of these three beaten-down stocks. Shares of the mobile game platform provider soared nearly 120% by early February only to give up all of those gains and then some. The stock is now down over 5% year to date.</p>\n<p>Like DermTech and Gores Holdings VI, Skillz was negatively impacted by the market rotation away from growth stocks. However, the company's decision to sell 17 million shares in a public offering also hurt.</p>\n<p>Skillz's competition-focused approach keeps users more engaged than other leading online platforms. It's also driving tremendous growth. The company's revenue nearly doubled in 2020. Skillz is especially making inroads in converting users to paying customers.</p>\n<p>The mobile gaming market totaled $86 billion last year and continues to grow rapidly. Skillz should be able to increase its market share as it expands internationally and adds new genres of games to its platform. The company's multi-year agreement with the NFL could also provide a big boost.</p>\n<p>Skillz looks like a stock that could easily double your money and perhaps deliver much greater returns than that over the next couple of years.</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>3 Beaten-Down Stocks That Could Double Your Money</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Beaten-Down Stocks That Could Double Your Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:26 GMT+8 <a href=https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188150614","content_text":"Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.\nAs a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, however: Quite a few stocks with strong growth prospects are available at discounted prices. Here are three beaten-down stocks that could even double your money -- or more.\nDermTech\nDermTech(NASDAQ:DMTK)markets an exciting product: a skin genomics test that can detect melanoma more accurately and cheaper than surgical biopsy. Its shares soared over 145% year to date by the third week of February. Since then, though, thehealthcare stockhas fallen more than 35%.\nPart of the problem was the aforementioned general sell-off of growth stocks. However, DermTech also provided disappointing guidance in its fourth-quarter update. The company expects first-quarter assay revenue of between $1.6 million and $1.9 million compared to Q4 assay revenue of $1.6 million.\nDermTech still faces some COVID-19 headwinds in reaching out to physicians. The company's long-term growth prospects remain bright, though. DermTech continues to pick up commercial payer reimbursement for its first product, Pigmented Lesion Assay (PLA). It expects to launch an at-home genomics test that identifies ultraviolet ray damage and skin cancer risk next year.\nThe total addressable U.S. market that DermTech is targeting for all types of skin cancer is around $10 billion. With the company's market cap currently below $1.5 billion, DermTech should only have to capture a tiny sliver of this market to deliver huge returns for investors.\nGores Holdings VI\nSpecial purpose acquisition company (SPAC) stocks were wildly popular not long ago. That's changed quite a bit. Gores Holdings VI(NASDAQ:GHVI)serves as a great example: The SPAC's shares skyrocketed more than 120% year to date by mid-February but are now down over 40% from those highs.\nGores Holdings VI and spatial data company Matterport announced on Feb. 8 that they plan to merge in a deal that will take Matterport public at an equity value of around $2.9 billion. But Matterport should be able to grow much larger than that relatively quickly.\nMatterport pioneered the spatial data market a decade ago. The company's technology can create a 3D \"digital twin\" of any physical space. Consulting firmAccenturerecently picked digital twin technology asone of its top five tech trends of 2021.\nThe company already has over 250,000 customers, including 13% of the Fortune 1000. However, less than 1% of the more than 4 billion buildings across the world are currently digitized. This represents a $240 billion opportunity for Matterport. The company expects to nearly double its revenue in 2022 with growth accelerating in subsequent years.\nSkillz\nSkillz(NYSE:SKLZ)stands as the biggest loser of these three beaten-down stocks. Shares of the mobile game platform provider soared nearly 120% by early February only to give up all of those gains and then some. The stock is now down over 5% year to date.\nLike DermTech and Gores Holdings VI, Skillz was negatively impacted by the market rotation away from growth stocks. However, the company's decision to sell 17 million shares in a public offering also hurt.\nSkillz's competition-focused approach keeps users more engaged than other leading online platforms. It's also driving tremendous growth. The company's revenue nearly doubled in 2020. Skillz is especially making inroads in converting users to paying customers.\nThe mobile gaming market totaled $86 billion last year and continues to grow rapidly. Skillz should be able to increase its market share as it expands internationally and adds new genres of games to its platform. The company's multi-year agreement with the NFL could also provide a big boost.\nSkillz looks like a stock that could easily double your money and perhaps deliver much greater returns than that over the next couple of years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}