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Vince191
2021-05-16
$AquaBounty Technologies, Inc.(AQB)$
要si了 要si了 要si了
Vince191
2021-03-12
Definitely a bullish news [开心]
抱歉,原内容已删除
Vince191
2021-03-09
Fully agree [开心]
抱歉,原内容已删除
Vince191
2021-03-02
$Palantir Technologies Inc.(PLTR)$
SH for now[微笑]
Vince191
2021-03-02
$AquaBounty Technologies, Inc.(AQB)$
Up up up [开心]
Vince191
2021-02-27
$Interactive Brokers(IBKR)$
小跌 要加仓吗
Vince191
2021-02-09
First comment [开心]
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[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/329733610","repostId":"2118293611","repostType":4,"repost":{"id":"2118293611","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":1615278000,"share":"https://www.laohu8.com/m/news/2118293611?lang=&edition=full","pubTime":"2021-03-09 16:20","market":"fut","language":"en","title":"Bitcoin mania triggers fundraising rush by Chinese players","url":"https://stock-news.laohu8.com/highlight/detail?id=2118293611","media":"Reuters","summary":"SHANGHAI/HONG KONG, March 9 (Reuters) - Bitcoin mania has fuelled a surge in fundraising by Chinese ","content":"<p>SHANGHAI/HONG KONG, March 9 (Reuters) - Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.</p>\n<p>From large listed companies tapping public markets to smaller players raising funds from venture capitalists, a jump in cryptocurrency prices and signs of growing acceptance of the technology by mainstream institutions have fed the market boom.</p>\n<p>Chinese bitcoin mining machine manufacturer, Ebang International Holdings, which debuted on Nasdaq in June, conducted two fundraising rounds in February alone, raking in $170 million, even after a previous offering in November.</p>\n<p>Newcomer Code Chain New Continent Ltd, a Chinese waste recycling company, raised $25 million in February through a share placement to fund a foray into bitcoin mining.</p>\n<p>In private markets, \"competition is white hot and filled with sharp elbows,\" said Jehan Chu, managing partner at Hong Kong-based blockchain venture capital firm Kenetic Capital. \"Every good-quality funding round is oversubscribed within a week of it being announced.\"</p>\n<p>The market has flourished despite complicated official attitudes towards cryptocurrencies in China.</p>\n<p>Cryptocurrency exchanges are banned and mining frowned upon, but there is strong official support for developing blockchain technology, which underpins cryptocurrencies such as bitcoin, but is also key to new innovations in areas such as trade finance, supply chain management and anti-counterfeiting.</p>\n<p>This has contributed to the emergence of attractive crypto projects in China, say investors, although many companies still list and raise money overseas.</p>\n<p>Ebang plans to use its new capital to expand into cryptocurrency mining in its own right, to open cryptocurrency exchanges in Singapore and Canada, and to launch a Robinhood-style platform for bitcoin trading.</p>\n<p>\"Ebang's growth story is very attractive to institutional investors ... fundraising by all industry players is getting busier thanks to the bitcoin bull,\" said Guo Yi, COO at Univest Securities, which underwrote the deals, and has helped raise money for several other Chinese crypto players.</p>\n<p>Canaan Inc, another Nasdaq-listed Chinese maker of bitcoin mining machines, is also expanding into mining, where powerful computers are used to verify bitcoin transactions and compete for a bitcoin reward.</p>\n<p>Bitcoin, the world's largest cryptocurrency, has surged over 300% in value since the fourth quarter of last year.</p>\n<p>\"Bitcoin prices present us with a unique opportunity to establish mining operations,\" said David Feng, co-CEO of newcomer Code Chain, which has ordered 10,000 bitcoin mining machines.</p>\n<p><b>\"EUPHORIC ATMOSPHERE\"</b></p>\n<p>The Chinese rush comes as Coinbase, the biggest U.S. cryptocurrency exchange, filed last month for a Nasdaq listing. Regulatory approval would represent a landmark victory for cryptocurrency advocates seeking mainstream endorsement.</p>\n<p>\"Everyone can feel this euphoric atmosphere in the market, and Coinbase's listing would lift the mood further,\" said Jiang Changhao, co-founder and chief technology officer of Beijing-based Cobo a crypto custodian and wallet service provider.</p>\n<p>Cobo plans to launch a new round of venture capital funding this month to finance international expansion, aiming for tens of millions of dollars because, Jiang said, \"the market is bullish and our business is growing very, very rapidly.\"</p>\n<p>Kenetic Capital's Chu said official backing for blockchain, and the use of the technology in major initiatives by giants like Ping An and Ant Financial, were a factor in the number of high quality blockchain and crypto projects in China.</p>\n<p>But the recent price surge had \"poured napalm\" on to competition in the sector, he said.</p>\n<p>Still, the entry of some Chinese firms into the crypto space has raised investor eyebrows.</p>\n<p>Last month, short-sellers Hindenburg Research and Culper Research alleged Chinese blockchain firm SOS Ltd , had made false claims about its cryptocurrency business, allegations SOS said were \"distorted, misleading and unsubstantiated\".</p>\n<p>Guo of Univest Securities said the market has zero-tolerance toward cheating, but there's nothing improper about Chinese companies jumping on to the bitcoin bandwagon.</p>\n<p>\"If people don't point figure at (Tesla founder) Elon Musk for endorsing bitcoin, what's wrong with Chinese companies embracing it?\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nBitcoin mania triggers fundraising rush by Chinese players\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\">2021-03-09 16:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI/HONG KONG, March 9 (Reuters) - Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.</p>\n<p>From large listed companies tapping public markets to smaller players raising funds from venture capitalists, a jump in cryptocurrency prices and signs of growing acceptance of the technology by mainstream institutions have fed the market boom.</p>\n<p>Chinese bitcoin mining machine manufacturer, Ebang International Holdings, which debuted on Nasdaq in June, conducted two fundraising rounds in February alone, raking in $170 million, even after a previous offering in November.</p>\n<p>Newcomer Code Chain New Continent Ltd, a Chinese waste recycling company, raised $25 million in February through a share placement to fund a foray into bitcoin mining.</p>\n<p>In private markets, \"competition is white hot and filled with sharp elbows,\" said Jehan Chu, managing partner at Hong Kong-based blockchain venture capital firm Kenetic Capital. \"Every good-quality funding round is oversubscribed within a week of it being announced.\"</p>\n<p>The market has flourished despite complicated official attitudes towards cryptocurrencies in China.</p>\n<p>Cryptocurrency exchanges are banned and mining frowned upon, but there is strong official support for developing blockchain technology, which underpins cryptocurrencies such as bitcoin, but is also key to new innovations in areas such as trade finance, supply chain management and anti-counterfeiting.</p>\n<p>This has contributed to the emergence of attractive crypto projects in China, say investors, although many companies still list and raise money overseas.</p>\n<p>Ebang plans to use its new capital to expand into cryptocurrency mining in its own right, to open cryptocurrency exchanges in Singapore and Canada, and to launch a Robinhood-style platform for bitcoin trading.</p>\n<p>\"Ebang's growth story is very attractive to institutional investors ... fundraising by all industry players is getting busier thanks to the bitcoin bull,\" said Guo Yi, COO at Univest Securities, which underwrote the deals, and has helped raise money for several other Chinese crypto players.</p>\n<p>Canaan Inc, another Nasdaq-listed Chinese maker of bitcoin mining machines, is also expanding into mining, where powerful computers are used to verify bitcoin transactions and compete for a bitcoin reward.</p>\n<p>Bitcoin, the world's largest cryptocurrency, has surged over 300% in value since the fourth quarter of last year.</p>\n<p>\"Bitcoin prices present us with a unique opportunity to establish mining operations,\" said David Feng, co-CEO of newcomer Code Chain, which has ordered 10,000 bitcoin mining machines.</p>\n<p><b>\"EUPHORIC ATMOSPHERE\"</b></p>\n<p>The Chinese rush comes as Coinbase, the biggest U.S. cryptocurrency exchange, filed last month for a Nasdaq listing. Regulatory approval would represent a landmark victory for cryptocurrency advocates seeking mainstream endorsement.</p>\n<p>\"Everyone can feel this euphoric atmosphere in the market, and Coinbase's listing would lift the mood further,\" said Jiang Changhao, co-founder and chief technology officer of Beijing-based Cobo a crypto custodian and wallet service provider.</p>\n<p>Cobo plans to launch a new round of venture capital funding this month to finance international expansion, aiming for tens of millions of dollars because, Jiang said, \"the market is bullish and our business is growing very, very rapidly.\"</p>\n<p>Kenetic Capital's Chu said official backing for blockchain, and the use of the technology in major initiatives by giants like Ping An and Ant Financial, were a factor in the number of high quality blockchain and crypto projects in China.</p>\n<p>But the recent price surge had \"poured napalm\" on to competition in the sector, he said.</p>\n<p>Still, the entry of some Chinese firms into the crypto space has raised investor eyebrows.</p>\n<p>Last month, short-sellers Hindenburg Research and Culper Research alleged Chinese blockchain firm SOS Ltd , had made false claims about its cryptocurrency business, allegations SOS said were \"distorted, misleading and unsubstantiated\".</p>\n<p>Guo of Univest Securities said the market has zero-tolerance toward cheating, but there's nothing improper about Chinese companies jumping on to the bitcoin bandwagon.</p>\n<p>\"If people don't point figure at (Tesla founder) Elon Musk for endorsing bitcoin, what's wrong with Chinese companies embracing it?\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOS":"SOS Limited","EBON":"亿邦国际","CAN":"嘉楠科技","GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118293611","content_text":"SHANGHAI/HONG KONG, March 9 (Reuters) - Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.\nFrom large listed companies tapping public markets to smaller players raising funds from venture capitalists, a jump in cryptocurrency prices and signs of growing acceptance of the technology by mainstream institutions have fed the market boom.\nChinese bitcoin mining machine manufacturer, Ebang International Holdings, which debuted on Nasdaq in June, conducted two fundraising rounds in February alone, raking in $170 million, even after a previous offering in November.\nNewcomer Code Chain New Continent Ltd, a Chinese waste recycling company, raised $25 million in February through a share placement to fund a foray into bitcoin mining.\nIn private markets, \"competition is white hot and filled with sharp elbows,\" said Jehan Chu, managing partner at Hong Kong-based blockchain venture capital firm Kenetic Capital. \"Every good-quality funding round is oversubscribed within a week of it being announced.\"\nThe market has flourished despite complicated official attitudes towards cryptocurrencies in China.\nCryptocurrency exchanges are banned and mining frowned upon, but there is strong official support for developing blockchain technology, which underpins cryptocurrencies such as bitcoin, but is also key to new innovations in areas such as trade finance, supply chain management and anti-counterfeiting.\nThis has contributed to the emergence of attractive crypto projects in China, say investors, although many companies still list and raise money overseas.\nEbang plans to use its new capital to expand into cryptocurrency mining in its own right, to open cryptocurrency exchanges in Singapore and Canada, and to launch a Robinhood-style platform for bitcoin trading.\n\"Ebang's growth story is very attractive to institutional investors ... fundraising by all industry players is getting busier thanks to the bitcoin bull,\" said Guo Yi, COO at Univest Securities, which underwrote the deals, and has helped raise money for several other Chinese crypto players.\nCanaan Inc, another Nasdaq-listed Chinese maker of bitcoin mining machines, is also expanding into mining, where powerful computers are used to verify bitcoin transactions and compete for a bitcoin reward.\nBitcoin, the world's largest cryptocurrency, has surged over 300% in value since the fourth quarter of last year.\n\"Bitcoin prices present us with a unique opportunity to establish mining operations,\" said David Feng, co-CEO of newcomer Code Chain, which has ordered 10,000 bitcoin mining machines.\n\"EUPHORIC ATMOSPHERE\"\nThe Chinese rush comes as Coinbase, the biggest U.S. cryptocurrency exchange, filed last month for a Nasdaq listing. Regulatory approval would represent a landmark victory for cryptocurrency advocates seeking mainstream endorsement.\n\"Everyone can feel this euphoric atmosphere in the market, and Coinbase's listing would lift the mood further,\" said Jiang Changhao, co-founder and chief technology officer of Beijing-based Cobo a crypto custodian and wallet service provider.\nCobo plans to launch a new round of venture capital funding this month to finance international expansion, aiming for tens of millions of dollars because, Jiang said, \"the market is bullish and our business is growing very, very rapidly.\"\nKenetic Capital's Chu said official backing for blockchain, and the use of the technology in major initiatives by giants like Ping An and Ant Financial, were a factor in the number of high quality blockchain and crypto projects in China.\nBut the recent price surge had \"poured napalm\" on to competition in the sector, he said.\nStill, the entry of some Chinese firms into the crypto space has raised investor eyebrows.\nLast month, short-sellers Hindenburg Research and Culper Research alleged Chinese blockchain firm SOS Ltd , had made false claims about its cryptocurrency business, allegations SOS said were \"distorted, misleading and unsubstantiated\".\nGuo of Univest Securities said the market has zero-tolerance toward cheating, but there's nothing improper about Chinese companies jumping on to the bitcoin bandwagon.\n\"If people don't point figure at (Tesla founder) Elon Musk for endorsing bitcoin, what's wrong with Chinese companies embracing it?\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":192356481,"gmtCreate":1621150588543,"gmtModify":1631889258817,"author":{"id":"3567831131847990","authorId":"3567831131847990","name":"Vince191","avatar":"https://static.tigerbbs.com/021f127f2de4ea90e277a2ec3af5b498","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AQB\">$AquaBounty Technologies, Inc.(AQB)$</a>要si了 要si了 要si了","listText":"<a href=\"https://laohu8.com/S/AQB\">$AquaBounty Technologies, Inc.(AQB)$</a>要si了 要si了 要si了","text":"$AquaBounty Technologies, Inc.(AQB)$要si了 要si了 要si了","images":[{"img":"https://static.tigerbbs.com/b107c7374bfbb151e5852d966eeb990d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/192356481","isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":365106378,"gmtCreate":1614699680994,"gmtModify":1703480121535,"author":{"id":"3567831131847990","authorId":"3567831131847990","name":"Vince191","avatar":"https://static.tigerbbs.com/021f127f2de4ea90e277a2ec3af5b498","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AQB\">$AquaBounty Technologies, Inc.(AQB)$</a>Up up up [开心] ","listText":"<a href=\"https://laohu8.com/S/AQB\">$AquaBounty Technologies, Inc.(AQB)$</a>Up up up [开心] ","text":"$AquaBounty Technologies, Inc.(AQB)$Up up up [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/365106378","isVote":1,"tweetType":1,"viewCount":1003,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":328676293,"gmtCreate":1615525007812,"gmtModify":1703490430988,"author":{"id":"3567831131847990","authorId":"3567831131847990","name":"Vince191","avatar":"https://static.tigerbbs.com/021f127f2de4ea90e277a2ec3af5b498","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Definitely a bullish news [开心] ","listText":"Definitely a bullish news [开心] ","text":"Definitely a bullish news [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328676293","repostId":"2118242934","repostType":4,"repost":{"id":"2118242934","pubTimestamp":1615508666,"share":"https://www.laohu8.com/m/news/2118242934?lang=&edition=full","pubTime":"2021-03-12 08:24","market":"us","language":"en","title":"Baidu seeks up to $4.8 billion in Hong Kong second listing","url":"https://stock-news.laohu8.com/highlight/detail?id=2118242934","media":"The Straits Times","summary":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>Baidu seeks up to $4.8 billion in Hong Kong second listing</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\">\nBaidu seeks up to $4.8 billion in Hong Kong second listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 08:24 GMT+8 <a href=http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/baidu-seeks-up-to-48-billion-in-hong-kong-second-listing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118242934","content_text":"HONG KONG (BLOOMBERG) - Search engine giant Baidu is seeking to raise as much as HK$28 billion (S$4.8 billion) in a second listing in Hong Kong, kicking off the second such share sale by a US-traded Chinese firm in the city this year.\nNasdaq-listed Baidu is selling 95 million shares in the offering and has set a maximum price of HK$295 for the portion of the sale reserved for Hong Kong retail investors, it said in a regulatory filing on Thursday (March 11). That price represents a 19 per cent premium to Baidu's Wednesday closing price in New York. Baidu rose 6.8 per cent on Thursday.\nBaidu aims to set the final price before the US market open on March 17 and start trading in Hong Kong on March 23. At US$3.6 billion (S$4.8 billion), it would be the biggest so-called homecoming listing of a US-traded Chinese company in Hong Kong since JD.com's June 2020 offering, which raised US$4.5 billion.\nBaidu follows online car-sales website Autohome in seeking a trading foothold in the Asian financial hub this year, after a wave of such share sales in 2020 which saw some US$17 billion raised. Other companies looking at selling shares in the city include Tencent Music Entertainment Group and video company Bilibili.\nAutohome raised US$688 million after pricing its Hong Kong share sale at about a 5.5 per cent discount to its last closing price in New York on Monday.\nA growing cohort of US-traded Chinese firms have been listing in Hong Kong amid deteriorating relations between the world's two biggest economies. The second listings enable the companies to expand their investor bases closer to their home markets.\nThe trend has boosted the listing volumes of Hong Kong's bourse, which now has a growing contingent of tech companies listed there. The city has had a bumper start to the year for initial public offerings, such as video startup Kuaishou Technology's US$6.2 billion debut in February. The Chinese company's shares are trading 168 per cent above their offering price.\nOnce one of China's tech leaders, Baidu is now playing catch-up as the country's internet users increasingly shift from desktop to mobile. In recent years the company has spent billions of dollars in areas such as language learning and autonomous driving, betting on smart devices and vehicles of the future.\nBank of America, CLSA and Goldman Sachs Group are joint sponsors of the offering, while China International Capital Corp, UBS Group and CCB International (Holdings) are joint global coordinators, according to Thursday's filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":365102629,"gmtCreate":1614699739961,"gmtModify":1703480123431,"author":{"id":"3567831131847990","authorId":"3567831131847990","name":"Vince191","avatar":"https://static.tigerbbs.com/021f127f2de4ea90e277a2ec3af5b498","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>SH for now[微笑] ","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>SH for now[微笑] ","text":"$Palantir Technologies Inc.(PLTR)$SH for now[微笑]","images":[{"img":"https://static.tigerbbs.com/f8b457749f26bf8113d67a85937754f0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/365102629","isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":383836947,"gmtCreate":1612862892989,"gmtModify":1703765938691,"author":{"id":"3567831131847990","authorId":"3567831131847990","name":"Vince191","avatar":"https://static.tigerbbs.com/021f127f2de4ea90e277a2ec3af5b498","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"First comment [开心] ","listText":"First comment [开心] ","text":"First comment [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/383836947","isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}