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Tayhs
2021-10-29
[Smile]
Apple and Amazon are struggling, so investors may want to look to these tech stocks instead
Tayhs
2021-10-17
[Smile]
Manila Casino Goes Public in $2.6 Billion Deal With Ader SPAC
Tayhs
2021-10-04
[Smile]
Why Coinbase Global Stock Was Down 12.2% in September
Tayhs
2021-04-10
[开心]
抱歉,原内容已删除
Tayhs
2021-04-02
[财迷]
S&P 500 climbs more than 1% to close above 4,000 for the first time
Tayhs
2021-03-04
[微笑]
Changes to the Hang Seng index could help investors diversify risks
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","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854741299","repostId":"1146294800","repostType":4,"repost":{"id":"1146294800","pubTimestamp":1635472918,"share":"https://www.laohu8.com/m/news/1146294800?lang=&edition=full","pubTime":"2021-10-29 10:01","market":"us","language":"en","title":"Apple and Amazon are struggling, so investors may want to look to these tech stocks instead","url":"https://stock-news.laohu8.com/highlight/detail?id=1146294800","media":"MarketWatch","summary":"As companies focused on getting goods to consumers struggle with supply-chain issues heading into th","content":"<p>As companies focused on getting goods to consumers struggle with supply-chain issues heading into the holidays, enterprise software companies are looking strong</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0123d1db0a69d3c06a49bc51bc84fc1\" tg-width=\"700\" tg-height=\"464\" referrerpolicy=\"no-referrer\"><span>A logjam of container ships, at top, wait to offload at the Port of Los Angeles in September. Supply-chain issues are expected to weigh heavily on both Apple and Amazon this quarter.</span></p>\n<p>Both Apple Inc. and Amazon.com Inc. had rare earnings disappointments on Thursday, which may lead investors to look in another direction for big holiday returns.</p>\n<p>This column warned that the two tech giants could stumble this quarter, as the supply-chain issues that had been affecting other industries took a bite out of both Apple and Amazon.It appears those issues will continue into the normally huge holiday quarter for the consumer-focused companies, while a natural rival of both — Microsoft Corp. — offered a huge holiday forecast just a few days earlier.</p>\n<p>Apple reported a rare revenue miss — its first since the December quarter of 2018 — with revenue of $83.4 billion coming in $1.7 billion below analysts’ estimates of $85.1 billion for its fiscal fourth quarter. Since the pandemic, Apple no longer gives revenue guidance, but the bulk of the revenue shortfall came from iPhone sales, which came in $2.1 billion below analysts expectations. Sales of Macs and iPads, however, exceeded estimates.</p>\n<p>Apple’s Chief Financial Officer Luca Maestri told analysts that the ongoing supply constraints hurt its revenue by around $6 billion, and that the impact will be larger in the December quarter. The products most effected were the iPhone, the iPad and the Mac, and the constraints were caused by both semiconductor shortages and manufacturing disruptions because of the COVID-19 pandemic.</p>\n<p>Amazon reported an even sharper-than-expected drop in earnings, with a huge surge in expenses, as it tried to shore up staff and dealt with unprecedented supply-chain issues. Amazon’s costs to fulfill and ship orders increased to $18.5 billion from $14.71 billion. Amazon reported third-quarter earnings per share of $6.12, a drop of nearly 50% from the year-ago and below analysts’ average expectations of $8.90 a share.</p>\n<p>These higher fulfillment and employee costs, like Apple’s supply-chain constraints, will continue in the fourth quarter, usually the biggest for consumer-related tech companies. Amazon CEO Andy Jassy said in a statement that Amazon expects to incur “several billion dollars of additional costs” in its consumer business, as it deals with “labor supply shortages, increased wage costs, global supply-chain issues, and increased freight and shipping costs.”</p>\n<p>The shares of both tech mega stars — which both trade over $1 trillion in market cap — tumbled in after-hours trading, with Apple falling 3.53% while Amazon lost 4%.</p>\n<p>While neither company is seeing any loss of demand — in fact the opposite is occurring because they cannot keep up with demand amid the global shipping and product constraints — the news was a downer for investors counting on them to finish the year strongly. As consumer-focused companies could have a harder time meeting all the demand in the upcoming holiday season, corporate-focused tech giants — such as Microsoft — could be a safer play for now.</p>\n<p>Earlier this week, Microsoft topped $20 billion in net income for the first time, with PC revenue beating expectations and the company’s fast-growing cloud business still its biggest driver. The company’s shares were up slightly in after-hours trading Thursday and were on the way to potentially surpassing Apple in market value in regular trading hours on Friday.</p>\n<p>Microsoft is not the only software name trending higher heading into the holidays. Atlassian,the maker of team collaboration software, saw its shares soar 9% on Thursday after blowing past Wall Street’s estimates and seeing revenue for its its cloud-based products soar 50%. On Wednesday, cloud-based software provider ServiceNow Inc. beat estimates, and one analyst on Wall Street raised its price target; its shares climbed 3.45% on Thursday.</p>\n<p>Investors looking to stock up on tech stocks for the holidays might want to move away from the traditional players — like Apple and Amazon — and look at enterprise software developers and other cloud-computing players. They may be a bit more boring, but they are poised for more growth in the coming fourth quarter, and could be better stocking-stuffers than the more consumer-focused giants.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple and Amazon are struggling, so investors may want to look to these tech stocks instead</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 and Amazon are struggling, so investors may want to look to these tech stocks instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-29 10:01 GMT+8 <a href=https://www.marketwatch.com/story/apple-and-amazon-are-struggling-so-investors-may-want-to-look-to-these-tech-stocks-instead-11635469850?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As companies focused on getting goods to consumers struggle with supply-chain issues heading into the holidays, enterprise software companies are looking strong\nA logjam of container ships, at top, ...</p>\n\n<a href=\"https://www.marketwatch.com/story/apple-and-amazon-are-struggling-so-investors-may-want-to-look-to-these-tech-stocks-instead-11635469850?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TEAM":"Atlassian Corporation PLC","AMZN":"亚马逊","MSFT":"微软","NOW":"ServiceNow","AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/apple-and-amazon-are-struggling-so-investors-may-want-to-look-to-these-tech-stocks-instead-11635469850?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146294800","content_text":"As companies focused on getting goods to consumers struggle with supply-chain issues heading into the holidays, enterprise software companies are looking strong\nA logjam of container ships, at top, wait to offload at the Port of Los Angeles in September. Supply-chain issues are expected to weigh heavily on both Apple and Amazon this quarter.\nBoth Apple Inc. and Amazon.com Inc. had rare earnings disappointments on Thursday, which may lead investors to look in another direction for big holiday returns.\nThis column warned that the two tech giants could stumble this quarter, as the supply-chain issues that had been affecting other industries took a bite out of both Apple and Amazon.It appears those issues will continue into the normally huge holiday quarter for the consumer-focused companies, while a natural rival of both — Microsoft Corp. — offered a huge holiday forecast just a few days earlier.\nApple reported a rare revenue miss — its first since the December quarter of 2018 — with revenue of $83.4 billion coming in $1.7 billion below analysts’ estimates of $85.1 billion for its fiscal fourth quarter. Since the pandemic, Apple no longer gives revenue guidance, but the bulk of the revenue shortfall came from iPhone sales, which came in $2.1 billion below analysts expectations. Sales of Macs and iPads, however, exceeded estimates.\nApple’s Chief Financial Officer Luca Maestri told analysts that the ongoing supply constraints hurt its revenue by around $6 billion, and that the impact will be larger in the December quarter. The products most effected were the iPhone, the iPad and the Mac, and the constraints were caused by both semiconductor shortages and manufacturing disruptions because of the COVID-19 pandemic.\nAmazon reported an even sharper-than-expected drop in earnings, with a huge surge in expenses, as it tried to shore up staff and dealt with unprecedented supply-chain issues. Amazon’s costs to fulfill and ship orders increased to $18.5 billion from $14.71 billion. Amazon reported third-quarter earnings per share of $6.12, a drop of nearly 50% from the year-ago and below analysts’ average expectations of $8.90 a share.\nThese higher fulfillment and employee costs, like Apple’s supply-chain constraints, will continue in the fourth quarter, usually the biggest for consumer-related tech companies. Amazon CEO Andy Jassy said in a statement that Amazon expects to incur “several billion dollars of additional costs” in its consumer business, as it deals with “labor supply shortages, increased wage costs, global supply-chain issues, and increased freight and shipping costs.”\nThe shares of both tech mega stars — which both trade over $1 trillion in market cap — tumbled in after-hours trading, with Apple falling 3.53% while Amazon lost 4%.\nWhile neither company is seeing any loss of demand — in fact the opposite is occurring because they cannot keep up with demand amid the global shipping and product constraints — the news was a downer for investors counting on them to finish the year strongly. As consumer-focused companies could have a harder time meeting all the demand in the upcoming holiday season, corporate-focused tech giants — such as Microsoft — could be a safer play for now.\nEarlier this week, Microsoft topped $20 billion in net income for the first time, with PC revenue beating expectations and the company’s fast-growing cloud business still its biggest driver. The company’s shares were up slightly in after-hours trading Thursday and were on the way to potentially surpassing Apple in market value in regular trading hours on Friday.\nMicrosoft is not the only software name trending higher heading into the holidays. Atlassian,the maker of team collaboration software, saw its shares soar 9% on Thursday after blowing past Wall Street’s estimates and seeing revenue for its its cloud-based products soar 50%. On Wednesday, cloud-based software provider ServiceNow Inc. beat estimates, and one analyst on Wall Street raised its price target; its shares climbed 3.45% on Thursday.\nInvestors looking to stock up on tech stocks for the holidays might want to move away from the traditional players — like Apple and Amazon — and look at enterprise software developers and other cloud-computing players. They may be a bit more boring, but they are poised for more growth in the coming fourth quarter, and could be better stocking-stuffers than the more consumer-focused giants.","news_type":1},"isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":827148263,"gmtCreate":1634436561339,"gmtModify":1634436561575,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/827148263","repostId":"1108385230","repostType":4,"repost":{"id":"1108385230","pubTimestamp":1634310806,"share":"https://www.laohu8.com/m/news/1108385230?lang=&edition=full","pubTime":"2021-10-15 23:13","market":"us","language":"en","title":"Manila Casino Goes Public in $2.6 Billion Deal With Ader SPAC","url":"https://stock-news.laohu8.com/highlight/detail?id=1108385230","media":"Bloomberg","summary":"Okada Manila, one of the biggest casino resorts in the Philippines, is going public through a merger","content":"<p>Okada Manila, one of the biggest casino resorts in the Philippines, is going public through a merger with a special purpose acquisition company led by former casino analyst Jason Ader. The deal values the property at $2.6 billion including debt.</p>\n<p>The resort’s current owner, Japan’s Universal Entertainment Corp., will merge the property with Ader’s 26 Capital Acquisition Corp. and hold an 88% stake in the new business. 26 Capital went public as a shell company earlier this year. It will bring $275 million in cash to the deal, the companies said in a statement.</p>\n<p>When present construction is finished next year, the resort will be able to operate 974 gaming tables and two hotel towers with 993 rooms. The merger came just days after the Philippines said it would ease virus restrictions starting this weekend, allowing casinos in Manila to reopen at 30% capacity.</p>\n<p>The country, whichfellto last place in Bloomberg’s Covid Resilience Ranking late last month, is seeking to open its borders to global travelers as the number of new cases dropped, allowing some fully-vaccinated international travelers from low-risk areas to enter without quarantine.</p>\n<p>The gaming property is located on the waterfront in Manila’s Entertainment City neighborhood. Current management, including President Byron Yip, will continue to lead the operations.</p>\n<p>Universal, a maker of pachinko machines, was founded by Japanese businessman Kazuo Okada. He later got in a fight with casino partner Steve Wynn over construction of the Philippines resort, which prompted the Las Vegas tycoon to buy out Okada’s stake in Wynn Resorts Ltd.</p>\n<p>Ader worked as an analyst at Bear Stearns and other firms before co-founding the New York-based investment company SpringOwl Asset Management.</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>Manila Casino Goes Public in $2.6 Billion Deal With Ader SPAC</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\">\nManila Casino Goes Public in $2.6 Billion Deal With Ader SPAC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 23:13 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-10-15/manila-casino-goes-public-in-2-6-billion-deal-with-ader-spac><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Okada Manila, one of the biggest casino resorts in the Philippines, is going public through a merger with a special purpose acquisition company led by former casino analyst Jason Ader. The deal values...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-15/manila-casino-goes-public-in-2-6-billion-deal-with-ader-spac\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADER":"26 Capital Acquisition Corp"},"source_url":"https://www.bloomberg.com/news/articles/2021-10-15/manila-casino-goes-public-in-2-6-billion-deal-with-ader-spac","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108385230","content_text":"Okada Manila, one of the biggest casino resorts in the Philippines, is going public through a merger with a special purpose acquisition company led by former casino analyst Jason Ader. The deal values the property at $2.6 billion including debt.\nThe resort’s current owner, Japan’s Universal Entertainment Corp., will merge the property with Ader’s 26 Capital Acquisition Corp. and hold an 88% stake in the new business. 26 Capital went public as a shell company earlier this year. It will bring $275 million in cash to the deal, the companies said in a statement.\nWhen present construction is finished next year, the resort will be able to operate 974 gaming tables and two hotel towers with 993 rooms. The merger came just days after the Philippines said it would ease virus restrictions starting this weekend, allowing casinos in Manila to reopen at 30% capacity.\nThe country, whichfellto last place in Bloomberg’s Covid Resilience Ranking late last month, is seeking to open its borders to global travelers as the number of new cases dropped, allowing some fully-vaccinated international travelers from low-risk areas to enter without quarantine.\nThe gaming property is located on the waterfront in Manila’s Entertainment City neighborhood. Current management, including President Byron Yip, will continue to lead the operations.\nUniversal, a maker of pachinko machines, was founded by Japanese businessman Kazuo Okada. He later got in a fight with casino partner Steve Wynn over construction of the Philippines resort, which prompted the Las Vegas tycoon to buy out Okada’s stake in Wynn Resorts Ltd.\nAder worked as an analyst at Bear Stearns and other firms before co-founding the New York-based investment company SpringOwl Asset Management.","news_type":1},"isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":867543244,"gmtCreate":1633304131787,"gmtModify":1633304174393,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/867543244","repostId":"2172647479","repostType":4,"repost":{"id":"2172647479","pubTimestamp":1633243084,"share":"https://www.laohu8.com/m/news/2172647479?lang=&edition=full","pubTime":"2021-10-03 14:38","market":"hk","language":"en","title":"Why Coinbase Global Stock Was Down 12.2% in September","url":"https://stock-news.laohu8.com/highlight/detail?id=2172647479","media":"Motley Fool","summary":"The company is going head-to-head with financial regulators, and that is making investors nervous.","content":"<h2>What happened</h2>\n<p>Shares of <b>Coinbase Global</b> (NASDAQ:COIN) were down 12.2% in September, according to data from S&P Global Market Intelligence. The stock tends to be correlated with cryptocurrency prices, which fell during the month, and the company announced the Securities and Exchange Comission (SEC) was going to sue the company if it launched its new stablecoin lending program.</p>\n<p>On top of this, the broad market indices took a tumble in September, with the<b> S&P 500</b> index down around 5% in the period. This likely exacerbated Coinbase stock's decline.</p>\n<h2>So what</h2>\n<p>A stablecoin is a cryptocurrency that is backed by a reserve, typically a fiat currency like the U.S. dollar. This means that when you buy stablecoins, they will theoretically be able to be converted back to U.S. dollars at any point. Coinbase, as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest crypto companies in the world, helped start a stablecoin called USD Coin (USDC) with a company called Circle. There are currently 31.2 billion USDC in circulation, meaning $31.2 billion (in U.S. dollars) has been exchanged for the stablecoin.</p>\n<p>What does this have to do with Coinbase stock and the SEC? Well, in order to make some money, Coinbase was planning to offer USDC owners the ability to lend their stablecoins to Coinbase, paying them a 4% annual interest rate (eight times the national average) if they join the lending program. Coinbase can make money doing this because other crypto traders (or really anyone interested in getting a loan) are willing to pay higher interest rates to get USDC loaned to them from Coinbase. When Coinbase came to the SEC to launch the lending program, the SEC gave the company a Wells notice, which means the regulator intends to sue Coinbase if it launches the product.</p>\n<p>With almost $5.5 billion in projected sales this year, Coinbase's business won't go away because of this SEC crackdown. However, it does indicate the government might get more aggressive cracking down on any new initiatives the company has, which could hurt its ability to grow over the next decade.</p>\n<p>In other news, major cryptocurrencies like <b>Bitcoin</b> (CRYPTO:BTC) fell last month. The coin started at around $50,000 at the beginning of December but finished the month closer to $40,000. Coinbase owns Bitcoin and makes money through cryptocurrency trades, so its stock tends to correlate with any major moves in the cryptocurrency market.</p>\n<h2>Now what</h2>\n<p>This news from the SEC and Coinbase won't crush the company's current operations, but it is a concern that the SEC may crack down on the company's potential growth opportunities. If you are bullish on the crypto industry and think it is the future of finance, these regulatory risks are something to consider and could impact Coinbase's stock over the long term.</p>","source":"fool_stock","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 Coinbase Global Stock Was Down 12.2% in September</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\">\nWhy Coinbase Global Stock Was Down 12.2% in September\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-03 14:38 GMT+8 <a href=https://www.fool.com/investing/2021/10/03/why-coinbase-was-down-this-month/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of Coinbase Global (NASDAQ:COIN) were down 12.2% in September, according to data from S&P Global Market Intelligence. The stock tends to be correlated with cryptocurrency prices, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/03/why-coinbase-was-down-this-month/\">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/2021/10/03/why-coinbase-was-down-this-month/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2172647479","content_text":"What happened\nShares of Coinbase Global (NASDAQ:COIN) were down 12.2% in September, according to data from S&P Global Market Intelligence. The stock tends to be correlated with cryptocurrency prices, which fell during the month, and the company announced the Securities and Exchange Comission (SEC) was going to sue the company if it launched its new stablecoin lending program.\nOn top of this, the broad market indices took a tumble in September, with the S&P 500 index down around 5% in the period. This likely exacerbated Coinbase stock's decline.\nSo what\nA stablecoin is a cryptocurrency that is backed by a reserve, typically a fiat currency like the U.S. dollar. This means that when you buy stablecoins, they will theoretically be able to be converted back to U.S. dollars at any point. Coinbase, as one of the largest crypto companies in the world, helped start a stablecoin called USD Coin (USDC) with a company called Circle. There are currently 31.2 billion USDC in circulation, meaning $31.2 billion (in U.S. dollars) has been exchanged for the stablecoin.\nWhat does this have to do with Coinbase stock and the SEC? Well, in order to make some money, Coinbase was planning to offer USDC owners the ability to lend their stablecoins to Coinbase, paying them a 4% annual interest rate (eight times the national average) if they join the lending program. Coinbase can make money doing this because other crypto traders (or really anyone interested in getting a loan) are willing to pay higher interest rates to get USDC loaned to them from Coinbase. When Coinbase came to the SEC to launch the lending program, the SEC gave the company a Wells notice, which means the regulator intends to sue Coinbase if it launches the product.\nWith almost $5.5 billion in projected sales this year, Coinbase's business won't go away because of this SEC crackdown. However, it does indicate the government might get more aggressive cracking down on any new initiatives the company has, which could hurt its ability to grow over the next decade.\nIn other news, major cryptocurrencies like Bitcoin (CRYPTO:BTC) fell last month. The coin started at around $50,000 at the beginning of December but finished the month closer to $40,000. Coinbase owns Bitcoin and makes money through cryptocurrency trades, so its stock tends to correlate with any major moves in the cryptocurrency market.\nNow what\nThis news from the SEC and Coinbase won't crush the company's current operations, but it is a concern that the SEC may crack down on the company's potential growth opportunities. If you are bullish on the crypto industry and think it is the future of finance, these regulatory risks are something to consider and could impact Coinbase's stock over the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1040,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":346368718,"gmtCreate":1617998807134,"gmtModify":1631891944479,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[开心] ","listText":"[开心] ","text":"[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346368718","repostId":"2126330720","repostType":2,"isVote":1,"tweetType":1,"viewCount":934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":340081940,"gmtCreate":1617322826280,"gmtModify":1631891944485,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] ","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340081940","repostId":"1175312581","repostType":4,"repost":{"id":"1175312581","pubTimestamp":1617322292,"share":"https://www.laohu8.com/m/news/1175312581?lang=&edition=full","pubTime":"2021-04-02 08:11","market":"us","language":"en","title":"S&P 500 climbs more than 1% to close above 4,000 for the first time","url":"https://stock-news.laohu8.com/highlight/detail?id=1175312581","media":"CNBC","summary":"The S&P 500 crossed the 4,000 threshold for the first time Thursday as Wall Street built on a solid ","content":"<div>\n<p>The S&P 500 crossed the 4,000 threshold for the first time Thursday as Wall Street built on a solid March following the rollout of President Joe Biden's infrastructure plan.\nThe broad equity benchmark...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>S&P 500 climbs more than 1% to close above 4,000 for the first time</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\">\nS&P 500 climbs more than 1% to close above 4,000 for the first time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 08:11 GMT+8 <a href=https://www.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 crossed the 4,000 threshold for the first time Thursday as Wall Street built on a solid March following the rollout of President Joe Biden's infrastructure plan.\nThe broad equity benchmark...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html\">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.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1175312581","content_text":"The S&P 500 crossed the 4,000 threshold for the first time Thursday as Wall Street built on a solid March following the rollout of President Joe Biden's infrastructure plan.\nThe broad equity benchmark rose 1.2% to a fresh record close of 4,019.87. The Dow Jones Industrial Average climbed 171.66 points, or 0.5%, to 33,153.21. The tech-heavy Nasdaq Composite jumped 1.8% to 13,480.11. Alphabet and Netflix jumped more than 3%, while Amazon and Microsoft gained over 2%.\nMicrosoft shares advanced on news that the software giantwill deliver to the U.S. Armymore than 120,000 devices based on its HoloLens augmented reality headset. The contract will be worth $21.9 billion over 10 years.\nTech stocks led the gains as bond yields continued to retreat from recent highs. The 10-year Treasury yield fell 7 basis points to around 1.68% Thursday. The benchmark rate hit a 14-month high about 1.77% last week.\nThe move in stocks came afterBiden introduced his multitrillion-dollar infrastructure proposal. The plan includes spending on roads, bridges, green energy and water system upgrades. This marks the second major spending push of Biden's presidencyafter he signed a $1.9 trillion relief and stimulus billon March 11.\n\"The reopening of the U.S. economy continues to support equity markets as the light at the end of the coronavirus tunnel draws near,\" said Craig Johnson, technical market strategist at Piper Sandler. \" Fiscal and monetary policy support remain unprecedented and well-telegraphed at this juncture.\"\nThe plan Biden outlined Wednesday includes roughly $2 trillion in spending over eight years and would raise the corporate tax rate to 28% to fund it.\nStill, some on Wall Street grew worried that higher taxes could pose a threat to rebounding corporate earnings and stock prices.\nBank of America equity strategist Savita Subramanian said that the market may still need to digest the tax hikes included in the plan, creating a potential headwind for stocks.\n\"I think the market is pricing in the good news of infrastructure ... I don't think the market has necessarily priced in the negatives, which is how are we going to pay for this,\" Subramanian said on CNBC's \"Fast Money.\"\nOn the data front, an index of U.S. manufacturing activity jumped toa reading of 64.7last month from 60.8 in February, according to the Institute for Supply Management. That was the highest level since December 1983.\nMeanwhile, investors digested a worse-than-expected reading onweekly jobless claims. First-time claims for unemployment insurance for the week ended March 27 totaled 719,000, higher than the 675,000 expected by economists surveyed by Dow Jones.\nThe key March jobs report will be released Friday, although the stock market will be closed for the Good Friday holiday. Economists expect 675,000 jobs were added in March, and the unemployment rate fell to 6% from 6.2%, according to Dow Jones.\nIn deal news, Micron Technology and Western Digital are said to be exploring a deal tobuy Japanese semiconductor firm Kioxiafor about $30 billion, according to a Wall Street Journal report. Micron shares jumped 4.7% on the news, while Western Digital popped 6.9%.\nWall Street just wrapped up March with solid gains. The Dow and the S&P 500 climbed 6.6% and 4.3%, respectively, last month, posting their best month since November. The Nasdaq gained 0.4% in March as tech stocks came under pressure amid rising interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":364175849,"gmtCreate":1614828550581,"gmtModify":1703481668932,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364175849","repostId":"1166414886","repostType":4,"repost":{"id":"1166414886","pubTimestamp":1614824410,"share":"https://www.laohu8.com/m/news/1166414886?lang=&edition=full","pubTime":"2021-03-04 10:20","market":"hk","language":"en","title":"Changes to the Hang Seng index could help investors diversify risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1166414886","media":"CNBC","summary":"KEY POINTSHang Seng Indexes, the compiler of the index, announced this week it will be making major ","content":"<div>\n<p>KEY POINTSHang Seng Indexes, the compiler of the index, announced this week it will be making major changes to the main Hong Kong stock benchmark, and eventually include 100 constituents in the index....</p>\n\n<a href=\"https://www.cnbc.com/2021/03/04/analysts-react-to-the-changes-in-hong-kongs-hang-seng-index.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Changes to the Hang Seng index could help investors diversify risks</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; 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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\">\nChanges to the Hang Seng index could help investors diversify risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-04 10:20 GMT+8 <a href=https://www.cnbc.com/2021/03/04/analysts-react-to-the-changes-in-hong-kongs-hang-seng-index.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSHang Seng Indexes, the compiler of the index, announced this week it will be making major changes to the main Hong Kong stock benchmark, and eventually include 100 constituents in the index....</p>\n\n<a href=\"https://www.cnbc.com/2021/03/04/analysts-react-to-the-changes-in-hong-kongs-hang-seng-index.html\">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.cnbc.com/2021/03/04/analysts-react-to-the-changes-in-hong-kongs-hang-seng-index.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1166414886","content_text":"KEY POINTSHang Seng Indexes, the compiler of the index, announced this week it will be making major changes to the main Hong Kong stock benchmark, and eventually include 100 constituents in the index.Other changes include the selection of constituents from seven industry groups as well as adopting an 8% weighting cap of all firms in included in the Hang Seng index.The shakeup in the Hang Seng index will be “very effective” for passive investors, according to Somerset Capital Management’s Min Chen.This week’s announcement about a shakeup in Hong Kong’s stock index is a “positive move” that could help diversify risks, according to Somerset Capital Management’s Min Chen.“We believe that (theHang Seng Index’s) new methodology will be a good way to prevent overconcentration in the risks and it’s very effective to help the passive investors,” Chen, portfolio manager of China strategy at the firm, told CNBC’s “Street Signs Asia” on Tuesday.Passive investing is a long term investment strategy aimed at minimal trading, and often involves buying into funds that track market barometers.His comments came after Hang Seng Indexes Company, the compiler of the index, announced Monday it wouldtweak the main Hong Kong stock benchmark. The decision came after a month-long consultation exercise with its stakeholders, the company said.In a press release, Hang Seng Indexesoutlined five main changes to the Hang Seng Index. The changes will be implemented starting from the index review in May:Increase constituents to 100:Targeting an increase in the number of HSI constituents to 80 by mid-2022, with the ultimate goal of having 100 firms in the index. The index currently has about 55 constituents.Select constituents from seven industry groups:These range from financials, information technology to health care. The target is to achieve at least 50% coverage, by market capitalization, of each industry group.Shorten listing history requirement:This will be reduced to three months, making it potentially faster for new listings to be added to the index.Maintain representation of Hong Kong firms:About 20 to 25 constituents classified as Hong Kong companies will be maintained in the HSI, and the number constituent stocks will be reevaluated at least every two years.Lower the weighting cap to 8%:All HSI constituents — which include those with weighted voting rights or secondary-listings — will be subject to a weighting cap of 8%. Constituents with weighted voting rights or secondary listings are currently capped at 5%, while others are capped at 10%.“The new enhancements to the HSI will further increase its representation and make the Index more balanced and diversified,” Anita Mo, CEO of Hang Seng Indexes, said in the release.Hong Kong’s benchmark index has had a strong start so far this year, rising more than 9% since January, as of its Wednesday close.Chen the portfolio manager said the new changes will increase exposure of the Hang Seng to new economy sectors, as well as maintain a reasonable amount of diversification.Pointing to the weighting cap decline to 8%, he said this was much lower than other indexes. He cited the MSCI China Index as an example, where tech juggernautsAlibabaandTencentcumulatively account for more than 30% in weighting.How investors might reactGoldman Sachs pointed out that investors will likely reallocate their portfolios in light of the Hang Seng overhaul.“As the HSI raises the number of constituents to 80 and applies an 8% weighting cap on all the constituents, the top current index constituents could see outflows led by the reallocation as their index weights would be re-capped at 8%,” Goldman analysts said in a Tuesday note.... We expect the enhanced HSI index, with its expanded index coverage and higher exposure to New China, could attract more capital to track it as the benchmark.Goldman Sachs.Meanwhile, weighted voting rights or secondary listing firms — in addition to potential new additionsin the index — could see “large inflows” as their index cap is lifted to 8% from 5%.Firms that currently have a weighting of more than 8% on the Hang Seng include gaming giant Tencent as well as life insurerAIA, according to data from Hang Seng Indexes.“In addition to the portfolio reallocation flows, we expect the enhanced HSI index, with its expanded index coverage and higher exposure to New China, could attract more capital to track it as the benchmark,” the Goldman Sachs analysts said.“As the index cap could increase by 25% when the number of index constituents reaches 80, we forecast the (assets under management) tracking HSI could grow proportionally from around US$20bn now to US$25bn,” they said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":965,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":827148263,"gmtCreate":1634436561339,"gmtModify":1634436561575,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/827148263","repostId":"1108385230","repostType":4,"repost":{"id":"1108385230","pubTimestamp":1634310806,"share":"https://www.laohu8.com/m/news/1108385230?lang=&edition=full","pubTime":"2021-10-15 23:13","market":"us","language":"en","title":"Manila Casino Goes Public in $2.6 Billion Deal With Ader SPAC","url":"https://stock-news.laohu8.com/highlight/detail?id=1108385230","media":"Bloomberg","summary":"Okada Manila, one of the biggest casino resorts in the Philippines, is going public through a merger","content":"<p>Okada Manila, one of the biggest casino resorts in the Philippines, is going public through a merger with a special purpose acquisition company led by former casino analyst Jason Ader. The deal values the property at $2.6 billion including debt.</p>\n<p>The resort’s current owner, Japan’s Universal Entertainment Corp., will merge the property with Ader’s 26 Capital Acquisition Corp. and hold an 88% stake in the new business. 26 Capital went public as a shell company earlier this year. It will bring $275 million in cash to the deal, the companies said in a statement.</p>\n<p>When present construction is finished next year, the resort will be able to operate 974 gaming tables and two hotel towers with 993 rooms. The merger came just days after the Philippines said it would ease virus restrictions starting this weekend, allowing casinos in Manila to reopen at 30% capacity.</p>\n<p>The country, whichfellto last place in Bloomberg’s Covid Resilience Ranking late last month, is seeking to open its borders to global travelers as the number of new cases dropped, allowing some fully-vaccinated international travelers from low-risk areas to enter without quarantine.</p>\n<p>The gaming property is located on the waterfront in Manila’s Entertainment City neighborhood. Current management, including President Byron Yip, will continue to lead the operations.</p>\n<p>Universal, a maker of pachinko machines, was founded by Japanese businessman Kazuo Okada. He later got in a fight with casino partner Steve Wynn over construction of the Philippines resort, which prompted the Las Vegas tycoon to buy out Okada’s stake in Wynn Resorts Ltd.</p>\n<p>Ader worked as an analyst at Bear Stearns and other firms before co-founding the New York-based investment company SpringOwl Asset Management.</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>Manila Casino Goes Public in $2.6 Billion Deal With Ader SPAC</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\">\nManila Casino Goes Public in $2.6 Billion Deal With Ader SPAC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 23:13 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-10-15/manila-casino-goes-public-in-2-6-billion-deal-with-ader-spac><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Okada Manila, one of the biggest casino resorts in the Philippines, is going public through a merger with a special purpose acquisition company led by former casino analyst Jason Ader. The deal values...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-15/manila-casino-goes-public-in-2-6-billion-deal-with-ader-spac\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADER":"26 Capital Acquisition Corp"},"source_url":"https://www.bloomberg.com/news/articles/2021-10-15/manila-casino-goes-public-in-2-6-billion-deal-with-ader-spac","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108385230","content_text":"Okada Manila, one of the biggest casino resorts in the Philippines, is going public through a merger with a special purpose acquisition company led by former casino analyst Jason Ader. The deal values the property at $2.6 billion including debt.\nThe resort’s current owner, Japan’s Universal Entertainment Corp., will merge the property with Ader’s 26 Capital Acquisition Corp. and hold an 88% stake in the new business. 26 Capital went public as a shell company earlier this year. It will bring $275 million in cash to the deal, the companies said in a statement.\nWhen present construction is finished next year, the resort will be able to operate 974 gaming tables and two hotel towers with 993 rooms. The merger came just days after the Philippines said it would ease virus restrictions starting this weekend, allowing casinos in Manila to reopen at 30% capacity.\nThe country, whichfellto last place in Bloomberg’s Covid Resilience Ranking late last month, is seeking to open its borders to global travelers as the number of new cases dropped, allowing some fully-vaccinated international travelers from low-risk areas to enter without quarantine.\nThe gaming property is located on the waterfront in Manila’s Entertainment City neighborhood. Current management, including President Byron Yip, will continue to lead the operations.\nUniversal, a maker of pachinko machines, was founded by Japanese businessman Kazuo Okada. He later got in a fight with casino partner Steve Wynn over construction of the Philippines resort, which prompted the Las Vegas tycoon to buy out Okada’s stake in Wynn Resorts Ltd.\nAder worked as an analyst at Bear Stearns and other firms before co-founding the New York-based investment company SpringOwl Asset Management.","news_type":1},"isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854741299,"gmtCreate":1635487630208,"gmtModify":1635487630355,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854741299","repostId":"1146294800","repostType":4,"repost":{"id":"1146294800","pubTimestamp":1635472918,"share":"https://www.laohu8.com/m/news/1146294800?lang=&edition=full","pubTime":"2021-10-29 10:01","market":"us","language":"en","title":"Apple and Amazon are struggling, so investors may want to look to these tech stocks instead","url":"https://stock-news.laohu8.com/highlight/detail?id=1146294800","media":"MarketWatch","summary":"As companies focused on getting goods to consumers struggle with supply-chain issues heading into th","content":"<p>As companies focused on getting goods to consumers struggle with supply-chain issues heading into the holidays, enterprise software companies are looking strong</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0123d1db0a69d3c06a49bc51bc84fc1\" tg-width=\"700\" tg-height=\"464\" referrerpolicy=\"no-referrer\"><span>A logjam of container ships, at top, wait to offload at the Port of Los Angeles in September. Supply-chain issues are expected to weigh heavily on both Apple and Amazon this quarter.</span></p>\n<p>Both Apple Inc. and Amazon.com Inc. had rare earnings disappointments on Thursday, which may lead investors to look in another direction for big holiday returns.</p>\n<p>This column warned that the two tech giants could stumble this quarter, as the supply-chain issues that had been affecting other industries took a bite out of both Apple and Amazon.It appears those issues will continue into the normally huge holiday quarter for the consumer-focused companies, while a natural rival of both — Microsoft Corp. — offered a huge holiday forecast just a few days earlier.</p>\n<p>Apple reported a rare revenue miss — its first since the December quarter of 2018 — with revenue of $83.4 billion coming in $1.7 billion below analysts’ estimates of $85.1 billion for its fiscal fourth quarter. Since the pandemic, Apple no longer gives revenue guidance, but the bulk of the revenue shortfall came from iPhone sales, which came in $2.1 billion below analysts expectations. Sales of Macs and iPads, however, exceeded estimates.</p>\n<p>Apple’s Chief Financial Officer Luca Maestri told analysts that the ongoing supply constraints hurt its revenue by around $6 billion, and that the impact will be larger in the December quarter. The products most effected were the iPhone, the iPad and the Mac, and the constraints were caused by both semiconductor shortages and manufacturing disruptions because of the COVID-19 pandemic.</p>\n<p>Amazon reported an even sharper-than-expected drop in earnings, with a huge surge in expenses, as it tried to shore up staff and dealt with unprecedented supply-chain issues. Amazon’s costs to fulfill and ship orders increased to $18.5 billion from $14.71 billion. Amazon reported third-quarter earnings per share of $6.12, a drop of nearly 50% from the year-ago and below analysts’ average expectations of $8.90 a share.</p>\n<p>These higher fulfillment and employee costs, like Apple’s supply-chain constraints, will continue in the fourth quarter, usually the biggest for consumer-related tech companies. Amazon CEO Andy Jassy said in a statement that Amazon expects to incur “several billion dollars of additional costs” in its consumer business, as it deals with “labor supply shortages, increased wage costs, global supply-chain issues, and increased freight and shipping costs.”</p>\n<p>The shares of both tech mega stars — which both trade over $1 trillion in market cap — tumbled in after-hours trading, with Apple falling 3.53% while Amazon lost 4%.</p>\n<p>While neither company is seeing any loss of demand — in fact the opposite is occurring because they cannot keep up with demand amid the global shipping and product constraints — the news was a downer for investors counting on them to finish the year strongly. As consumer-focused companies could have a harder time meeting all the demand in the upcoming holiday season, corporate-focused tech giants — such as Microsoft — could be a safer play for now.</p>\n<p>Earlier this week, Microsoft topped $20 billion in net income for the first time, with PC revenue beating expectations and the company’s fast-growing cloud business still its biggest driver. The company’s shares were up slightly in after-hours trading Thursday and were on the way to potentially surpassing Apple in market value in regular trading hours on Friday.</p>\n<p>Microsoft is not the only software name trending higher heading into the holidays. Atlassian,the maker of team collaboration software, saw its shares soar 9% on Thursday after blowing past Wall Street’s estimates and seeing revenue for its its cloud-based products soar 50%. On Wednesday, cloud-based software provider ServiceNow Inc. beat estimates, and one analyst on Wall Street raised its price target; its shares climbed 3.45% on Thursday.</p>\n<p>Investors looking to stock up on tech stocks for the holidays might want to move away from the traditional players — like Apple and Amazon — and look at enterprise software developers and other cloud-computing players. They may be a bit more boring, but they are poised for more growth in the coming fourth quarter, and could be better stocking-stuffers than the more consumer-focused giants.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple and Amazon are struggling, so investors may want to look to these tech stocks instead</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 and Amazon are struggling, so investors may want to look to these tech stocks instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-29 10:01 GMT+8 <a href=https://www.marketwatch.com/story/apple-and-amazon-are-struggling-so-investors-may-want-to-look-to-these-tech-stocks-instead-11635469850?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As companies focused on getting goods to consumers struggle with supply-chain issues heading into the holidays, enterprise software companies are looking strong\nA logjam of container ships, at top, ...</p>\n\n<a href=\"https://www.marketwatch.com/story/apple-and-amazon-are-struggling-so-investors-may-want-to-look-to-these-tech-stocks-instead-11635469850?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TEAM":"Atlassian Corporation PLC","AMZN":"亚马逊","MSFT":"微软","NOW":"ServiceNow","AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/apple-and-amazon-are-struggling-so-investors-may-want-to-look-to-these-tech-stocks-instead-11635469850?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146294800","content_text":"As companies focused on getting goods to consumers struggle with supply-chain issues heading into the holidays, enterprise software companies are looking strong\nA logjam of container ships, at top, wait to offload at the Port of Los Angeles in September. Supply-chain issues are expected to weigh heavily on both Apple and Amazon this quarter.\nBoth Apple Inc. and Amazon.com Inc. had rare earnings disappointments on Thursday, which may lead investors to look in another direction for big holiday returns.\nThis column warned that the two tech giants could stumble this quarter, as the supply-chain issues that had been affecting other industries took a bite out of both Apple and Amazon.It appears those issues will continue into the normally huge holiday quarter for the consumer-focused companies, while a natural rival of both — Microsoft Corp. — offered a huge holiday forecast just a few days earlier.\nApple reported a rare revenue miss — its first since the December quarter of 2018 — with revenue of $83.4 billion coming in $1.7 billion below analysts’ estimates of $85.1 billion for its fiscal fourth quarter. Since the pandemic, Apple no longer gives revenue guidance, but the bulk of the revenue shortfall came from iPhone sales, which came in $2.1 billion below analysts expectations. Sales of Macs and iPads, however, exceeded estimates.\nApple’s Chief Financial Officer Luca Maestri told analysts that the ongoing supply constraints hurt its revenue by around $6 billion, and that the impact will be larger in the December quarter. The products most effected were the iPhone, the iPad and the Mac, and the constraints were caused by both semiconductor shortages and manufacturing disruptions because of the COVID-19 pandemic.\nAmazon reported an even sharper-than-expected drop in earnings, with a huge surge in expenses, as it tried to shore up staff and dealt with unprecedented supply-chain issues. Amazon’s costs to fulfill and ship orders increased to $18.5 billion from $14.71 billion. Amazon reported third-quarter earnings per share of $6.12, a drop of nearly 50% from the year-ago and below analysts’ average expectations of $8.90 a share.\nThese higher fulfillment and employee costs, like Apple’s supply-chain constraints, will continue in the fourth quarter, usually the biggest for consumer-related tech companies. Amazon CEO Andy Jassy said in a statement that Amazon expects to incur “several billion dollars of additional costs” in its consumer business, as it deals with “labor supply shortages, increased wage costs, global supply-chain issues, and increased freight and shipping costs.”\nThe shares of both tech mega stars — which both trade over $1 trillion in market cap — tumbled in after-hours trading, with Apple falling 3.53% while Amazon lost 4%.\nWhile neither company is seeing any loss of demand — in fact the opposite is occurring because they cannot keep up with demand amid the global shipping and product constraints — the news was a downer for investors counting on them to finish the year strongly. As consumer-focused companies could have a harder time meeting all the demand in the upcoming holiday season, corporate-focused tech giants — such as Microsoft — could be a safer play for now.\nEarlier this week, Microsoft topped $20 billion in net income for the first time, with PC revenue beating expectations and the company’s fast-growing cloud business still its biggest driver. The company’s shares were up slightly in after-hours trading Thursday and were on the way to potentially surpassing Apple in market value in regular trading hours on Friday.\nMicrosoft is not the only software name trending higher heading into the holidays. Atlassian,the maker of team collaboration software, saw its shares soar 9% on Thursday after blowing past Wall Street’s estimates and seeing revenue for its its cloud-based products soar 50%. On Wednesday, cloud-based software provider ServiceNow Inc. beat estimates, and one analyst on Wall Street raised its price target; its shares climbed 3.45% on Thursday.\nInvestors looking to stock up on tech stocks for the holidays might want to move away from the traditional players — like Apple and Amazon — and look at enterprise software developers and other cloud-computing players. They may be a bit more boring, but they are poised for more growth in the coming fourth quarter, and could be better stocking-stuffers than the more consumer-focused giants.","news_type":1},"isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":867543244,"gmtCreate":1633304131787,"gmtModify":1633304174393,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/867543244","repostId":"2172647479","repostType":4,"repost":{"id":"2172647479","pubTimestamp":1633243084,"share":"https://www.laohu8.com/m/news/2172647479?lang=&edition=full","pubTime":"2021-10-03 14:38","market":"hk","language":"en","title":"Why Coinbase Global Stock Was Down 12.2% in September","url":"https://stock-news.laohu8.com/highlight/detail?id=2172647479","media":"Motley Fool","summary":"The company is going head-to-head with financial regulators, and that is making investors nervous.","content":"<h2>What happened</h2>\n<p>Shares of <b>Coinbase Global</b> (NASDAQ:COIN) were down 12.2% in September, according to data from S&P Global Market Intelligence. The stock tends to be correlated with cryptocurrency prices, which fell during the month, and the company announced the Securities and Exchange Comission (SEC) was going to sue the company if it launched its new stablecoin lending program.</p>\n<p>On top of this, the broad market indices took a tumble in September, with the<b> S&P 500</b> index down around 5% in the period. This likely exacerbated Coinbase stock's decline.</p>\n<h2>So what</h2>\n<p>A stablecoin is a cryptocurrency that is backed by a reserve, typically a fiat currency like the U.S. dollar. This means that when you buy stablecoins, they will theoretically be able to be converted back to U.S. dollars at any point. Coinbase, as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest crypto companies in the world, helped start a stablecoin called USD Coin (USDC) with a company called Circle. There are currently 31.2 billion USDC in circulation, meaning $31.2 billion (in U.S. dollars) has been exchanged for the stablecoin.</p>\n<p>What does this have to do with Coinbase stock and the SEC? Well, in order to make some money, Coinbase was planning to offer USDC owners the ability to lend their stablecoins to Coinbase, paying them a 4% annual interest rate (eight times the national average) if they join the lending program. Coinbase can make money doing this because other crypto traders (or really anyone interested in getting a loan) are willing to pay higher interest rates to get USDC loaned to them from Coinbase. When Coinbase came to the SEC to launch the lending program, the SEC gave the company a Wells notice, which means the regulator intends to sue Coinbase if it launches the product.</p>\n<p>With almost $5.5 billion in projected sales this year, Coinbase's business won't go away because of this SEC crackdown. However, it does indicate the government might get more aggressive cracking down on any new initiatives the company has, which could hurt its ability to grow over the next decade.</p>\n<p>In other news, major cryptocurrencies like <b>Bitcoin</b> (CRYPTO:BTC) fell last month. The coin started at around $50,000 at the beginning of December but finished the month closer to $40,000. Coinbase owns Bitcoin and makes money through cryptocurrency trades, so its stock tends to correlate with any major moves in the cryptocurrency market.</p>\n<h2>Now what</h2>\n<p>This news from the SEC and Coinbase won't crush the company's current operations, but it is a concern that the SEC may crack down on the company's potential growth opportunities. If you are bullish on the crypto industry and think it is the future of finance, these regulatory risks are something to consider and could impact Coinbase's stock over the long term.</p>","source":"fool_stock","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 Coinbase Global Stock Was Down 12.2% in September</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\">\nWhy Coinbase Global Stock Was Down 12.2% in September\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-03 14:38 GMT+8 <a href=https://www.fool.com/investing/2021/10/03/why-coinbase-was-down-this-month/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of Coinbase Global (NASDAQ:COIN) were down 12.2% in September, according to data from S&P Global Market Intelligence. The stock tends to be correlated with cryptocurrency prices, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/03/why-coinbase-was-down-this-month/\">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/2021/10/03/why-coinbase-was-down-this-month/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2172647479","content_text":"What happened\nShares of Coinbase Global (NASDAQ:COIN) were down 12.2% in September, according to data from S&P Global Market Intelligence. The stock tends to be correlated with cryptocurrency prices, which fell during the month, and the company announced the Securities and Exchange Comission (SEC) was going to sue the company if it launched its new stablecoin lending program.\nOn top of this, the broad market indices took a tumble in September, with the S&P 500 index down around 5% in the period. This likely exacerbated Coinbase stock's decline.\nSo what\nA stablecoin is a cryptocurrency that is backed by a reserve, typically a fiat currency like the U.S. dollar. This means that when you buy stablecoins, they will theoretically be able to be converted back to U.S. dollars at any point. Coinbase, as one of the largest crypto companies in the world, helped start a stablecoin called USD Coin (USDC) with a company called Circle. There are currently 31.2 billion USDC in circulation, meaning $31.2 billion (in U.S. dollars) has been exchanged for the stablecoin.\nWhat does this have to do with Coinbase stock and the SEC? Well, in order to make some money, Coinbase was planning to offer USDC owners the ability to lend their stablecoins to Coinbase, paying them a 4% annual interest rate (eight times the national average) if they join the lending program. Coinbase can make money doing this because other crypto traders (or really anyone interested in getting a loan) are willing to pay higher interest rates to get USDC loaned to them from Coinbase. When Coinbase came to the SEC to launch the lending program, the SEC gave the company a Wells notice, which means the regulator intends to sue Coinbase if it launches the product.\nWith almost $5.5 billion in projected sales this year, Coinbase's business won't go away because of this SEC crackdown. However, it does indicate the government might get more aggressive cracking down on any new initiatives the company has, which could hurt its ability to grow over the next decade.\nIn other news, major cryptocurrencies like Bitcoin (CRYPTO:BTC) fell last month. The coin started at around $50,000 at the beginning of December but finished the month closer to $40,000. Coinbase owns Bitcoin and makes money through cryptocurrency trades, so its stock tends to correlate with any major moves in the cryptocurrency market.\nNow what\nThis news from the SEC and Coinbase won't crush the company's current operations, but it is a concern that the SEC may crack down on the company's potential growth opportunities. If you are bullish on the crypto industry and think it is the future of finance, these regulatory risks are something to consider and could impact Coinbase's stock over the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1040,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":340081940,"gmtCreate":1617322826280,"gmtModify":1631891944485,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] ","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340081940","repostId":"1175312581","repostType":4,"repost":{"id":"1175312581","pubTimestamp":1617322292,"share":"https://www.laohu8.com/m/news/1175312581?lang=&edition=full","pubTime":"2021-04-02 08:11","market":"us","language":"en","title":"S&P 500 climbs more than 1% to close above 4,000 for the first time","url":"https://stock-news.laohu8.com/highlight/detail?id=1175312581","media":"CNBC","summary":"The S&P 500 crossed the 4,000 threshold for the first time Thursday as Wall Street built on a solid ","content":"<div>\n<p>The S&P 500 crossed the 4,000 threshold for the first time Thursday as Wall Street built on a solid March following the rollout of President Joe Biden's infrastructure plan.\nThe broad equity benchmark...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>S&P 500 climbs more than 1% to close above 4,000 for the first time</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; 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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\">\nS&P 500 climbs more than 1% to close above 4,000 for the first time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 08:11 GMT+8 <a href=https://www.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 crossed the 4,000 threshold for the first time Thursday as Wall Street built on a solid March following the rollout of President Joe Biden's infrastructure plan.\nThe broad equity benchmark...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html\">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.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1175312581","content_text":"The S&P 500 crossed the 4,000 threshold for the first time Thursday as Wall Street built on a solid March following the rollout of President Joe Biden's infrastructure plan.\nThe broad equity benchmark rose 1.2% to a fresh record close of 4,019.87. The Dow Jones Industrial Average climbed 171.66 points, or 0.5%, to 33,153.21. The tech-heavy Nasdaq Composite jumped 1.8% to 13,480.11. Alphabet and Netflix jumped more than 3%, while Amazon and Microsoft gained over 2%.\nMicrosoft shares advanced on news that the software giantwill deliver to the U.S. Armymore than 120,000 devices based on its HoloLens augmented reality headset. The contract will be worth $21.9 billion over 10 years.\nTech stocks led the gains as bond yields continued to retreat from recent highs. The 10-year Treasury yield fell 7 basis points to around 1.68% Thursday. The benchmark rate hit a 14-month high about 1.77% last week.\nThe move in stocks came afterBiden introduced his multitrillion-dollar infrastructure proposal. The plan includes spending on roads, bridges, green energy and water system upgrades. This marks the second major spending push of Biden's presidencyafter he signed a $1.9 trillion relief and stimulus billon March 11.\n\"The reopening of the U.S. economy continues to support equity markets as the light at the end of the coronavirus tunnel draws near,\" said Craig Johnson, technical market strategist at Piper Sandler. \" Fiscal and monetary policy support remain unprecedented and well-telegraphed at this juncture.\"\nThe plan Biden outlined Wednesday includes roughly $2 trillion in spending over eight years and would raise the corporate tax rate to 28% to fund it.\nStill, some on Wall Street grew worried that higher taxes could pose a threat to rebounding corporate earnings and stock prices.\nBank of America equity strategist Savita Subramanian said that the market may still need to digest the tax hikes included in the plan, creating a potential headwind for stocks.\n\"I think the market is pricing in the good news of infrastructure ... I don't think the market has necessarily priced in the negatives, which is how are we going to pay for this,\" Subramanian said on CNBC's \"Fast Money.\"\nOn the data front, an index of U.S. manufacturing activity jumped toa reading of 64.7last month from 60.8 in February, according to the Institute for Supply Management. That was the highest level since December 1983.\nMeanwhile, investors digested a worse-than-expected reading onweekly jobless claims. First-time claims for unemployment insurance for the week ended March 27 totaled 719,000, higher than the 675,000 expected by economists surveyed by Dow Jones.\nThe key March jobs report will be released Friday, although the stock market will be closed for the Good Friday holiday. Economists expect 675,000 jobs were added in March, and the unemployment rate fell to 6% from 6.2%, according to Dow Jones.\nIn deal news, Micron Technology and Western Digital are said to be exploring a deal tobuy Japanese semiconductor firm Kioxiafor about $30 billion, according to a Wall Street Journal report. Micron shares jumped 4.7% on the news, while Western Digital popped 6.9%.\nWall Street just wrapped up March with solid gains. The Dow and the S&P 500 climbed 6.6% and 4.3%, respectively, last month, posting their best month since November. The Nasdaq gained 0.4% in March as tech stocks came under pressure amid rising interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":364175849,"gmtCreate":1614828550581,"gmtModify":1703481668932,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364175849","repostId":"1166414886","repostType":4,"repost":{"id":"1166414886","pubTimestamp":1614824410,"share":"https://www.laohu8.com/m/news/1166414886?lang=&edition=full","pubTime":"2021-03-04 10:20","market":"hk","language":"en","title":"Changes to the Hang Seng index could help investors diversify risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1166414886","media":"CNBC","summary":"KEY POINTSHang Seng Indexes, the compiler of the index, announced this week it will be making major ","content":"<div>\n<p>KEY POINTSHang Seng Indexes, the compiler of the index, announced this week it will be making major changes to the main Hong Kong stock benchmark, and eventually include 100 constituents in the index....</p>\n\n<a href=\"https://www.cnbc.com/2021/03/04/analysts-react-to-the-changes-in-hong-kongs-hang-seng-index.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Changes to the Hang Seng index could help investors diversify risks</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; 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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\">\nChanges to the Hang Seng index could help investors diversify risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-04 10:20 GMT+8 <a href=https://www.cnbc.com/2021/03/04/analysts-react-to-the-changes-in-hong-kongs-hang-seng-index.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSHang Seng Indexes, the compiler of the index, announced this week it will be making major changes to the main Hong Kong stock benchmark, and eventually include 100 constituents in the index....</p>\n\n<a href=\"https://www.cnbc.com/2021/03/04/analysts-react-to-the-changes-in-hong-kongs-hang-seng-index.html\">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.cnbc.com/2021/03/04/analysts-react-to-the-changes-in-hong-kongs-hang-seng-index.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1166414886","content_text":"KEY POINTSHang Seng Indexes, the compiler of the index, announced this week it will be making major changes to the main Hong Kong stock benchmark, and eventually include 100 constituents in the index.Other changes include the selection of constituents from seven industry groups as well as adopting an 8% weighting cap of all firms in included in the Hang Seng index.The shakeup in the Hang Seng index will be “very effective” for passive investors, according to Somerset Capital Management’s Min Chen.This week’s announcement about a shakeup in Hong Kong’s stock index is a “positive move” that could help diversify risks, according to Somerset Capital Management’s Min Chen.“We believe that (theHang Seng Index’s) new methodology will be a good way to prevent overconcentration in the risks and it’s very effective to help the passive investors,” Chen, portfolio manager of China strategy at the firm, told CNBC’s “Street Signs Asia” on Tuesday.Passive investing is a long term investment strategy aimed at minimal trading, and often involves buying into funds that track market barometers.His comments came after Hang Seng Indexes Company, the compiler of the index, announced Monday it wouldtweak the main Hong Kong stock benchmark. The decision came after a month-long consultation exercise with its stakeholders, the company said.In a press release, Hang Seng Indexesoutlined five main changes to the Hang Seng Index. The changes will be implemented starting from the index review in May:Increase constituents to 100:Targeting an increase in the number of HSI constituents to 80 by mid-2022, with the ultimate goal of having 100 firms in the index. The index currently has about 55 constituents.Select constituents from seven industry groups:These range from financials, information technology to health care. The target is to achieve at least 50% coverage, by market capitalization, of each industry group.Shorten listing history requirement:This will be reduced to three months, making it potentially faster for new listings to be added to the index.Maintain representation of Hong Kong firms:About 20 to 25 constituents classified as Hong Kong companies will be maintained in the HSI, and the number constituent stocks will be reevaluated at least every two years.Lower the weighting cap to 8%:All HSI constituents — which include those with weighted voting rights or secondary-listings — will be subject to a weighting cap of 8%. Constituents with weighted voting rights or secondary listings are currently capped at 5%, while others are capped at 10%.“The new enhancements to the HSI will further increase its representation and make the Index more balanced and diversified,” Anita Mo, CEO of Hang Seng Indexes, said in the release.Hong Kong’s benchmark index has had a strong start so far this year, rising more than 9% since January, as of its Wednesday close.Chen the portfolio manager said the new changes will increase exposure of the Hang Seng to new economy sectors, as well as maintain a reasonable amount of diversification.Pointing to the weighting cap decline to 8%, he said this was much lower than other indexes. He cited the MSCI China Index as an example, where tech juggernautsAlibabaandTencentcumulatively account for more than 30% in weighting.How investors might reactGoldman Sachs pointed out that investors will likely reallocate their portfolios in light of the Hang Seng overhaul.“As the HSI raises the number of constituents to 80 and applies an 8% weighting cap on all the constituents, the top current index constituents could see outflows led by the reallocation as their index weights would be re-capped at 8%,” Goldman analysts said in a Tuesday note.... We expect the enhanced HSI index, with its expanded index coverage and higher exposure to New China, could attract more capital to track it as the benchmark.Goldman Sachs.Meanwhile, weighted voting rights or secondary listing firms — in addition to potential new additionsin the index — could see “large inflows” as their index cap is lifted to 8% from 5%.Firms that currently have a weighting of more than 8% on the Hang Seng include gaming giant Tencent as well as life insurerAIA, according to data from Hang Seng Indexes.“In addition to the portfolio reallocation flows, we expect the enhanced HSI index, with its expanded index coverage and higher exposure to New China, could attract more capital to track it as the benchmark,” the Goldman Sachs analysts said.“As the index cap could increase by 25% when the number of index constituents reaches 80, we forecast the (assets under management) tracking HSI could grow proportionally from around US$20bn now to US$25bn,” they said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":965,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":346368718,"gmtCreate":1617998807134,"gmtModify":1631891944479,"author":{"id":"3569881740421551","authorId":"3569881740421551","name":"Tayhs","avatar":"https://static.tigerbbs.com/18c6192c150a987ab2c12c655cfdfabc","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[开心] ","listText":"[开心] ","text":"[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346368718","repostId":"2126330720","repostType":2,"isVote":1,"tweetType":1,"viewCount":934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}