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Jenlch
2021-03-15
wow
Southwest Airlines stock surges after upbeat March operations update
Jenlch
2021-03-12
oxy and conocophillips
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Jenlch
2021-03-02
wow
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Jenlch
2021-02-24
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listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/322256004","repostId":"2119912949","repostType":4,"repost":{"id":"2119912949","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1615809060,"share":"https://www.laohu8.com/m/news/2119912949?lang=&edition=full","pubTime":"2021-03-15 19:51","market":"us","language":"en","title":"Southwest Airlines stock surges after upbeat March operations update","url":"https://stock-news.laohu8.com/highlight/detail?id=2119912949","media":"Dow Jones","summary":"Shares of Southwest Airlines Co. $(LUV)$ rose 2.4% in premarket trading Monday, after the air carrie","content":"<p>Shares of Southwest Airlines Co. <a href=\"https://laohu8.com/S/LUV\">$(LUV)$</a> rose 2.4% in premarket trading Monday, after the air carrier indicated that March operating revenue has been better than expected, while fuel costs are expected to be higher and cash burn is less. </p>\n<p><img src=\"https://static.tigerbbs.com/597a9e8789c906460369ccf9b20576e3\" tg-width=\"1081\" tg-height=\"496\"></p>\n<p>The company said that while it continues to experience significant negative effects from the COVID-19 pandemic, operating revenue for March is now expected to be down 15% to 20% from a year ago, compared with a previous estimate of down 20% to 30%. Capacity is expected to be down 14% versus previous expectations of down 15%, as load factor is now estimated at 65% to 70% compared with previous estimates of down 60% to 70%. </p>\n<p>The company affirmed its guidance of first-quarter capacity to decrease about 35%. 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Capacity is expected to be down 14% versus previous expectations of down 15%, as load factor is now estimated at 65% to 70% compared with previous estimates of down 60% to 70%. </p>\n<p>The company affirmed its guidance of first-quarter capacity to decrease about 35%. Separately, the company raised its estimate for first-quarter fuel costs to $1.65 to $1.75 a gallon from $1.60 to $1.70, while lowering its cash burn estimate to an $14 million per day from $15 million per day. </p>\n<p>The company said it recently received the remaining extended payroll support proceeds of about $864 million from the Consolidated Appropriations Act of 2021. </p>\n<p>The stock has run up 31.5% over the past three months through Friday, while the <a href=\"https://laohu8.com/S/JETS\">U.S. Global Jets ETF</a> (JETS) has advanced 20.1% and the S&P 500 has gained 6.7%.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LUV":"西南航空","JETS":"U.S. Global Jets ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119912949","content_text":"Shares of Southwest Airlines Co. $(LUV)$ rose 2.4% in premarket trading Monday, after the air carrier indicated that March operating revenue has been better than expected, while fuel costs are expected to be higher and cash burn is less. \n\nThe company said that while it continues to experience significant negative effects from the COVID-19 pandemic, operating revenue for March is now expected to be down 15% to 20% from a year ago, compared with a previous estimate of down 20% to 30%. Capacity is expected to be down 14% versus previous expectations of down 15%, as load factor is now estimated at 65% to 70% compared with previous estimates of down 60% to 70%. \nThe company affirmed its guidance of first-quarter capacity to decrease about 35%. Separately, the company raised its estimate for first-quarter fuel costs to $1.65 to $1.75 a gallon from $1.60 to $1.70, while lowering its cash burn estimate to an $14 million per day from $15 million per day. \nThe company said it recently received the remaining extended payroll support proceeds of about $864 million from the Consolidated Appropriations Act of 2021. \nThe stock has run up 31.5% over the past three months through Friday, while the U.S. Global Jets ETF (JETS) has advanced 20.1% and the S&P 500 has gained 6.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328947777,"gmtCreate":1615483126499,"gmtModify":1703489858449,"author":{"id":"3570344398049048","authorId":"3570344398049048","name":"Jenlch","avatar":"https://static.tigerbbs.com/39cbca1ca72031eda1eab18e1cdace1e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570344398049048","idStr":"3570344398049048"},"themes":[],"htmlText":"oxy and conocophillips","listText":"oxy and conocophillips","text":"oxy and conocophillips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328947777","repostId":"1120482093","repostType":4,"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362797654,"gmtCreate":1614665713178,"gmtModify":1703479572207,"author":{"id":"3570344398049048","authorId":"3570344398049048","name":"Jenlch","avatar":"https://static.tigerbbs.com/39cbca1ca72031eda1eab18e1cdace1e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570344398049048","idStr":"3570344398049048"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/362797654","repostId":"2116561881","repostType":4,"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363403281,"gmtCreate":1614160287643,"gmtModify":1634550945311,"author":{"id":"3570344398049048","authorId":"3570344398049048","name":"Jenlch","avatar":"https://static.tigerbbs.com/39cbca1ca72031eda1eab18e1cdace1e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570344398049048","idStr":"3570344398049048"},"themes":[],"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/363403281","repostId":"1151057580","repostType":4,"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":363403281,"gmtCreate":1614160287643,"gmtModify":1634550945311,"author":{"id":"3570344398049048","authorId":"3570344398049048","name":"Jenlch","avatar":"https://static.tigerbbs.com/39cbca1ca72031eda1eab18e1cdace1e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570344398049048","authorIdStr":"3570344398049048"},"themes":[],"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/363403281","repostId":"1151057580","repostType":4,"repost":{"id":"1151057580","kind":"news","pubTimestamp":1614159411,"share":"https://www.laohu8.com/m/news/1151057580?lang=&edition=full","pubTime":"2021-02-24 17:36","market":"us","language":"en","title":"What Type Of Shareholders Own The Most Number of NetEase, Inc. Shares?","url":"https://stock-news.laohu8.com/highlight/detail?id=1151057580","media":"Simply Wall St","summary":"Every investor in NetEase, Inc. (NASDAQ:NTES) should be aware of the most powerful shareholder group","content":"<p>Every investor in NetEase, Inc. (NASDAQ:NTES) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.</p>\n<p>NetEase has a market capitalization of US$86b, so it's too big to fly under the radar. We'd expect to see both institutions and retail investors owning a portion of the company. In the chart below, we can see that institutional investors have bought into the company. We can zoom in on the different ownership groups, to learn more about NetEase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5a0c2924ed2348105efa7c4c8a3f012\" tg-width=\"821\" tg-height=\"222\"><span>NasdaqGS:NTES Ownership Breakdown February 22nd 2021</span></p>\n<p><b>What Does The Institutional Ownership Tell Us About NetEase?</b></p>\n<p>Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.</p>\n<p>We can see that NetEase does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of NetEase, (below). Of course, keep in mind that there are other factors to consider, too.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c2aa861601e81715cb26998290f435b\" tg-width=\"821\" tg-height=\"524\"><span>NasdaqGS:NTES Earnings and Revenue Growth February 22nd 2021</span></p>\n<p>We note that hedge funds don't have a meaningful investment in NetEase. With a 42% stake, CEO Lei Ding is the largest shareholder. For context, the second largest shareholder holds about 3.6% of the shares outstanding, followed by an ownership of 3.2% by the third-largest shareholder.</p>\n<p>On looking further, we found that 52% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.</p>\n<p>While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.</p>\n<p><b>Insider Ownership Of NetEase</b></p>\n<p>While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.</p>\n<p>I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.</p>\n<p>Our most recent data indicates that insiders own a reasonable proportion of NetEase, Inc.. It has a market capitalization of just US$86b, and insiders have US$36b worth of shares in their own names. That's quite significant. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.</p>\n<p><b>General Public Ownership</b></p>\n<p>The general public holds a 17% stake in NetEase. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.</p>","source":"lsy1580989461469","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>What Type Of Shareholders Own The Most Number of NetEase, Inc. Shares?</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\">\nWhat Type Of Shareholders Own The Most Number of NetEase, Inc. Shares?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 17:36 GMT+8 <a href=https://simplywall.st/stocks/us/media/nasdaq-ntes/netease/news/what-type-of-shareholders-own-the-most-number-of-netease-inc><strong>Simply Wall St</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Every investor in NetEase, Inc. (NASDAQ:NTES) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/media/nasdaq-ntes/netease/news/what-type-of-shareholders-own-the-most-number-of-netease-inc\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NTES":"网易","09999":"网易-S"},"source_url":"https://simplywall.st/stocks/us/media/nasdaq-ntes/netease/news/what-type-of-shareholders-own-the-most-number-of-netease-inc","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151057580","content_text":"Every investor in NetEase, Inc. (NASDAQ:NTES) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.\nNetEase has a market capitalization of US$86b, so it's too big to fly under the radar. We'd expect to see both institutions and retail investors owning a portion of the company. In the chart below, we can see that institutional investors have bought into the company. We can zoom in on the different ownership groups, to learn more about NetEase.\nNasdaqGS:NTES Ownership Breakdown February 22nd 2021\nWhat Does The Institutional Ownership Tell Us About NetEase?\nInstitutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.\nWe can see that NetEase does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of NetEase, (below). Of course, keep in mind that there are other factors to consider, too.\nNasdaqGS:NTES Earnings and Revenue Growth February 22nd 2021\nWe note that hedge funds don't have a meaningful investment in NetEase. With a 42% stake, CEO Lei Ding is the largest shareholder. For context, the second largest shareholder holds about 3.6% of the shares outstanding, followed by an ownership of 3.2% by the third-largest shareholder.\nOn looking further, we found that 52% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.\nWhile studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.\nInsider Ownership Of NetEase\nWhile the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.\nI generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.\nOur most recent data indicates that insiders own a reasonable proportion of NetEase, Inc.. It has a market capitalization of just US$86b, and insiders have US$36b worth of shares in their own names. That's quite significant. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.\nGeneral Public Ownership\nThe general public holds a 17% stake in NetEase. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322256004,"gmtCreate":1615812793108,"gmtModify":1703493370274,"author":{"id":"3570344398049048","authorId":"3570344398049048","name":"Jenlch","avatar":"https://static.tigerbbs.com/39cbca1ca72031eda1eab18e1cdace1e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570344398049048","authorIdStr":"3570344398049048"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/322256004","repostId":"2119912949","repostType":4,"repost":{"id":"2119912949","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1615809060,"share":"https://www.laohu8.com/m/news/2119912949?lang=&edition=full","pubTime":"2021-03-15 19:51","market":"us","language":"en","title":"Southwest Airlines stock surges after upbeat March operations update","url":"https://stock-news.laohu8.com/highlight/detail?id=2119912949","media":"Dow Jones","summary":"Shares of Southwest Airlines Co. $(LUV)$ rose 2.4% in premarket trading Monday, after the air carrie","content":"<p>Shares of Southwest Airlines Co. <a href=\"https://laohu8.com/S/LUV\">$(LUV)$</a> rose 2.4% in premarket trading Monday, after the air carrier indicated that March operating revenue has been better than expected, while fuel costs are expected to be higher and cash burn is less. </p>\n<p><img src=\"https://static.tigerbbs.com/597a9e8789c906460369ccf9b20576e3\" tg-width=\"1081\" tg-height=\"496\"></p>\n<p>The company said that while it continues to experience significant negative effects from the COVID-19 pandemic, operating revenue for March is now expected to be down 15% to 20% from a year ago, compared with a previous estimate of down 20% to 30%. Capacity is expected to be down 14% versus previous expectations of down 15%, as load factor is now estimated at 65% to 70% compared with previous estimates of down 60% to 70%. </p>\n<p>The company affirmed its guidance of first-quarter capacity to decrease about 35%. Separately, the company raised its estimate for first-quarter fuel costs to $1.65 to $1.75 a gallon from $1.60 to $1.70, while lowering its cash burn estimate to an $14 million per day from $15 million per day. </p>\n<p>The company said it recently received the remaining extended payroll support proceeds of about $864 million from the Consolidated Appropriations Act of 2021. </p>\n<p>The stock has run up 31.5% over the past three months through Friday, while the <a href=\"https://laohu8.com/S/JETS\">U.S. Global Jets ETF</a> (JETS) has advanced 20.1% and the S&P 500 has gained 6.7%.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Southwest Airlines stock surges after upbeat March operations update</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\">\nSouthwest Airlines stock surges after upbeat March operations update\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-15 19:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Southwest Airlines Co. <a href=\"https://laohu8.com/S/LUV\">$(LUV)$</a> rose 2.4% in premarket trading Monday, after the air carrier indicated that March operating revenue has been better than expected, while fuel costs are expected to be higher and cash burn is less. </p>\n<p><img src=\"https://static.tigerbbs.com/597a9e8789c906460369ccf9b20576e3\" tg-width=\"1081\" tg-height=\"496\"></p>\n<p>The company said that while it continues to experience significant negative effects from the COVID-19 pandemic, operating revenue for March is now expected to be down 15% to 20% from a year ago, compared with a previous estimate of down 20% to 30%. Capacity is expected to be down 14% versus previous expectations of down 15%, as load factor is now estimated at 65% to 70% compared with previous estimates of down 60% to 70%. </p>\n<p>The company affirmed its guidance of first-quarter capacity to decrease about 35%. Separately, the company raised its estimate for first-quarter fuel costs to $1.65 to $1.75 a gallon from $1.60 to $1.70, while lowering its cash burn estimate to an $14 million per day from $15 million per day. </p>\n<p>The company said it recently received the remaining extended payroll support proceeds of about $864 million from the Consolidated Appropriations Act of 2021. </p>\n<p>The stock has run up 31.5% over the past three months through Friday, while the <a href=\"https://laohu8.com/S/JETS\">U.S. Global Jets ETF</a> (JETS) has advanced 20.1% and the S&P 500 has gained 6.7%.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LUV":"西南航空","JETS":"U.S. Global Jets ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119912949","content_text":"Shares of Southwest Airlines Co. $(LUV)$ rose 2.4% in premarket trading Monday, after the air carrier indicated that March operating revenue has been better than expected, while fuel costs are expected to be higher and cash burn is less. \n\nThe company said that while it continues to experience significant negative effects from the COVID-19 pandemic, operating revenue for March is now expected to be down 15% to 20% from a year ago, compared with a previous estimate of down 20% to 30%. Capacity is expected to be down 14% versus previous expectations of down 15%, as load factor is now estimated at 65% to 70% compared with previous estimates of down 60% to 70%. \nThe company affirmed its guidance of first-quarter capacity to decrease about 35%. Separately, the company raised its estimate for first-quarter fuel costs to $1.65 to $1.75 a gallon from $1.60 to $1.70, while lowering its cash burn estimate to an $14 million per day from $15 million per day. \nThe company said it recently received the remaining extended payroll support proceeds of about $864 million from the Consolidated Appropriations Act of 2021. \nThe stock has run up 31.5% over the past three months through Friday, while the U.S. Global Jets ETF (JETS) has advanced 20.1% and the S&P 500 has gained 6.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328947777,"gmtCreate":1615483126499,"gmtModify":1703489858449,"author":{"id":"3570344398049048","authorId":"3570344398049048","name":"Jenlch","avatar":"https://static.tigerbbs.com/39cbca1ca72031eda1eab18e1cdace1e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570344398049048","authorIdStr":"3570344398049048"},"themes":[],"htmlText":"oxy and conocophillips","listText":"oxy and conocophillips","text":"oxy and conocophillips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328947777","repostId":"1120482093","repostType":4,"repost":{"id":"1120482093","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1615475560,"share":"https://www.laohu8.com/m/news/1120482093?lang=&edition=full","pubTime":"2021-03-11 23:12","market":"us","language":"en","title":"OPEC expects most of 2021 oil demand recovery in second half","url":"https://stock-news.laohu8.com/highlight/detail?id=1120482093","media":"Reuters","summary":"OPEC said on Thursday a recovery in oil demand will be focused on the second half of the year as the","content":"<p>OPEC said on Thursday a recovery in oil demand will be focused on the second half of the year as the impact of the pandemic lingers as a headwind for the group and its allies in supporting the market.</p>\n<p>In a monthly report, the Organization of the Petroleum Exporting Countries said demand will rise by 5.89 million barrels per day (bpd) in 2021, or 6.5%, up slightly from last month. But the group cut its forecasts for the first half.</p>\n<p>“Total oil demand is foreseen to reach 96.3 million bpd with most consumption appearing in the second half,” OPEC said in the report.</p>\n<p>“This year’s demand growth will not be able to compensate for the major shortfall from 2020 as mobility is forecast to remain impaired throughout 2021.”</p>\n<p>The latest forecasts could bolster cautious views among OPEC and its allies, known as OPEC+, on how quickly to unwind more of last year’s record oil output cuts. OPEC+ last week decided to mostly extend current curbs into April.</p>\n<p>Oil held onto most of an earlier gain after the report was released, trading close to $69 a barrel. Prices have risen to pre-pandemic highs this month, boosted by hopes of economic recovery and OPEC+ supply restraint.</p>\n<p>OPEC raised its forecast of world economic growth this year to 5.1% from 4.8% as activity accelerates by the end of the first half. Still, it sees the mobility restrictions continuing to dampen oil demand, despite faster growth.</p>\n<p>“Oil-intensive sectors, especially travel and transportation, will remain disproportionately affected, with a larger negative impact on 2020 oil demand and a lower positive contribution to 2021 oil demand, relative to global economic growth,” OPEC said.</p>\n<p><b>SAUDI DELIVERS CUT</b></p>\n<p>The report also showed lower OPEC oil output in February as most OPEC+ members returned to output restraint and Saudi Arabia pledged a voluntary cut of 1 million bpd for February and March.</p>\n<p>OPEC said its February output fell by 650,000 bpd to 24.85 million bpd, driven by the Saudi move. Riyadh told OPEC it made almost all of the reduction, lowering production by 956,000 bpd to 8.147 million bpd.</p>\n<p>Saudi Arabia as part of last week’s OPEC+ decision extended the voluntary cut into April.</p>\n<p>OPEC+ cut supply by a record 9.7 million bpd last year to support the market as demand collapsed. The producers as of February were still withholding about 8.1 million bpd.</p>\n<p>While those curbs persist, rivals are boosting supply and OPEC raised its forecast of non-OPEC output growth to almost 1 million bpd led by Canada, the United States, Norway and Brazil - although U.S. shale output is still expected to drop.</p>\n<p>Partly due to the higher non-OPEC supply forecast, OPEC trimmed its estimate of global demand for its crude to 27.3 million bpd this year. This would still allow for higher average OPEC production in 2021.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC expects most of 2021 oil demand recovery in second half</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\">\nOPEC expects most of 2021 oil demand recovery in second half\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-11 23:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>OPEC said on Thursday a recovery in oil demand will be focused on the second half of the year as the impact of the pandemic lingers as a headwind for the group and its allies in supporting the market.</p>\n<p>In a monthly report, the Organization of the Petroleum Exporting Countries said demand will rise by 5.89 million barrels per day (bpd) in 2021, or 6.5%, up slightly from last month. But the group cut its forecasts for the first half.</p>\n<p>“Total oil demand is foreseen to reach 96.3 million bpd with most consumption appearing in the second half,” OPEC said in the report.</p>\n<p>“This year’s demand growth will not be able to compensate for the major shortfall from 2020 as mobility is forecast to remain impaired throughout 2021.”</p>\n<p>The latest forecasts could bolster cautious views among OPEC and its allies, known as OPEC+, on how quickly to unwind more of last year’s record oil output cuts. OPEC+ last week decided to mostly extend current curbs into April.</p>\n<p>Oil held onto most of an earlier gain after the report was released, trading close to $69 a barrel. Prices have risen to pre-pandemic highs this month, boosted by hopes of economic recovery and OPEC+ supply restraint.</p>\n<p>OPEC raised its forecast of world economic growth this year to 5.1% from 4.8% as activity accelerates by the end of the first half. Still, it sees the mobility restrictions continuing to dampen oil demand, despite faster growth.</p>\n<p>“Oil-intensive sectors, especially travel and transportation, will remain disproportionately affected, with a larger negative impact on 2020 oil demand and a lower positive contribution to 2021 oil demand, relative to global economic growth,” OPEC said.</p>\n<p><b>SAUDI DELIVERS CUT</b></p>\n<p>The report also showed lower OPEC oil output in February as most OPEC+ members returned to output restraint and Saudi Arabia pledged a voluntary cut of 1 million bpd for February and March.</p>\n<p>OPEC said its February output fell by 650,000 bpd to 24.85 million bpd, driven by the Saudi move. Riyadh told OPEC it made almost all of the reduction, lowering production by 956,000 bpd to 8.147 million bpd.</p>\n<p>Saudi Arabia as part of last week’s OPEC+ decision extended the voluntary cut into April.</p>\n<p>OPEC+ cut supply by a record 9.7 million bpd last year to support the market as demand collapsed. The producers as of February were still withholding about 8.1 million bpd.</p>\n<p>While those curbs persist, rivals are boosting supply and OPEC raised its forecast of non-OPEC output growth to almost 1 million bpd led by Canada, the United States, Norway and Brazil - although U.S. shale output is still expected to drop.</p>\n<p>Partly due to the higher non-OPEC supply forecast, OPEC trimmed its estimate of global demand for its crude to 27.3 million bpd this year. This would still allow for higher average OPEC production in 2021.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120482093","content_text":"OPEC said on Thursday a recovery in oil demand will be focused on the second half of the year as the impact of the pandemic lingers as a headwind for the group and its allies in supporting the market.\nIn a monthly report, the Organization of the Petroleum Exporting Countries said demand will rise by 5.89 million barrels per day (bpd) in 2021, or 6.5%, up slightly from last month. But the group cut its forecasts for the first half.\n“Total oil demand is foreseen to reach 96.3 million bpd with most consumption appearing in the second half,” OPEC said in the report.\n“This year’s demand growth will not be able to compensate for the major shortfall from 2020 as mobility is forecast to remain impaired throughout 2021.”\nThe latest forecasts could bolster cautious views among OPEC and its allies, known as OPEC+, on how quickly to unwind more of last year’s record oil output cuts. OPEC+ last week decided to mostly extend current curbs into April.\nOil held onto most of an earlier gain after the report was released, trading close to $69 a barrel. Prices have risen to pre-pandemic highs this month, boosted by hopes of economic recovery and OPEC+ supply restraint.\nOPEC raised its forecast of world economic growth this year to 5.1% from 4.8% as activity accelerates by the end of the first half. Still, it sees the mobility restrictions continuing to dampen oil demand, despite faster growth.\n“Oil-intensive sectors, especially travel and transportation, will remain disproportionately affected, with a larger negative impact on 2020 oil demand and a lower positive contribution to 2021 oil demand, relative to global economic growth,” OPEC said.\nSAUDI DELIVERS CUT\nThe report also showed lower OPEC oil output in February as most OPEC+ members returned to output restraint and Saudi Arabia pledged a voluntary cut of 1 million bpd for February and March.\nOPEC said its February output fell by 650,000 bpd to 24.85 million bpd, driven by the Saudi move. Riyadh told OPEC it made almost all of the reduction, lowering production by 956,000 bpd to 8.147 million bpd.\nSaudi Arabia as part of last week’s OPEC+ decision extended the voluntary cut into April.\nOPEC+ cut supply by a record 9.7 million bpd last year to support the market as demand collapsed. The producers as of February were still withholding about 8.1 million bpd.\nWhile those curbs persist, rivals are boosting supply and OPEC raised its forecast of non-OPEC output growth to almost 1 million bpd led by Canada, the United States, Norway and Brazil - although U.S. shale output is still expected to drop.\nPartly due to the higher non-OPEC supply forecast, OPEC trimmed its estimate of global demand for its crude to 27.3 million bpd this year. This would still allow for higher average OPEC production in 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362797654,"gmtCreate":1614665713178,"gmtModify":1703479572207,"author":{"id":"3570344398049048","authorId":"3570344398049048","name":"Jenlch","avatar":"https://static.tigerbbs.com/39cbca1ca72031eda1eab18e1cdace1e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570344398049048","authorIdStr":"3570344398049048"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/362797654","repostId":"2116561881","repostType":4,"repost":{"id":"2116561881","kind":"highlight","pubTimestamp":1614662073,"share":"https://www.laohu8.com/m/news/2116561881?lang=&edition=full","pubTime":"2021-03-02 13:14","market":"hk","language":"en","title":"Hong Kong mulling listing of Spacs: Finance chief","url":"https://stock-news.laohu8.com/highlight/detail?id=2116561881","media":"The Straits Times","summary":"HONG KONG (BLOOMBERG) - Hong Kong is exploring allowing the listing of special purpose acquisition c","content":"<div>\n<p>HONG KONG (BLOOMBERG) - Hong Kong is exploring allowing the listing of special purpose acquisition companies (Spacs), jumping into a market that has sparked a frenzy of US dealmaking.\nThe government ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kong-mulling-listing-of-spacs-finance-chief\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong mulling listing of Spacs: Finance chief</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\">\nHong Kong mulling listing of Spacs: Finance chief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 13:14 GMT+8 <a href=http://www.straitstimes.com/business/companies-markets/hong-kong-mulling-listing-of-spacs-finance-chief><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - Hong Kong is exploring allowing the listing of special purpose acquisition companies (Spacs), jumping into a market that has sparked a frenzy of US dealmaking.\nThe government ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kong-mulling-listing-of-spacs-finance-chief\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kong-mulling-listing-of-spacs-finance-chief","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116561881","content_text":"HONG KONG (BLOOMBERG) - Hong Kong is exploring allowing the listing of special purpose acquisition companies (Spacs), jumping into a market that has sparked a frenzy of US dealmaking.\nThe government has asked the Hong Kong exchange and the city's financial regulator to look into having Spacs list, according to Financial Secretary Paul Chan.\nThe aim is to allow the new fundraising arrangements, while upholding investors protections, he said in an interview with Bloomberg Television on Tuesday (March 2). \"We are looking at it seriously,\" he said, without providing a time-line.\nSpacs, or blank-cheque companies, raise money from investors and then look to acquire another business, usually a private one, within two years. Historically just a US product, a growing number of Asia-based funds and financiers have been setting up Spacs with the aim of snapping up a target in the fast-growing region.\nThe listing of Spacs has propelled IPO deals in the US to the fastest pace in 12 years so far this year, with the vehicles comprising 77 per cent of the announced offerings. The city's main Asian competitor, Singapore, is looking at opening up for Spacs. Hong Kong's tycoons, including billionaire Li Ka-shing, are planning to raise such funds in the US.\nAllowing Spacs would further add momentum for the Hong Kong exchange, which last year had the busiest IPO year in a decade, boosted by the listing of a string of high-profile Chinese technology companies.\nThe initial steps into Spacs come after the city shook markets last week by raising the stamp duty on stock trading by 30 per cent to 0.13 per cent as part of an effort to boost spending and relieve economic distress amid a record budget deficit and the highest unemployment in 16 years. Shares sold off broadly on Wednesday as the budget was announced, sending the stock of the city's bourse plunging almost 9 per cent.\nMr Chan hit back at criticism that the move would harm the financial hub.\n\"According to the information available to us up till now, we don't think this modest increase in stamp duty has in anyway harmed our competitiveness,\" he said. The government has no plans to withdraw the hike and isn't at this time planning any more increases, he said.\n\"We will continue to monitor the situation, the market development and at this stage, I will not commit one way or the other,\" Mr Chan said.\nEconomic Momentum\nThe city's economy has struggled under political and social unrest in 2019 and last year's coronavirus outbreak, with tourism and consumption evaporating and unemployment surging. After a record 6.1 per cent contraction last year, the economy will grow in a range of 3.5 per cent to 5.5 per cent in 2021, the city estimates.\nUnveiled on Feb 24, the budget outlined HK$120 billion (S$20.6 billion) of fiscal support to spur consumption and ease joblessness. Key measures include a HK$5,000 consumption voucher for residents and new arrivals, as well as loans to the unemployed.\nMr Chan continues to be optimistic Hong Kong's economy will pick up momentum from the middle of the year and ultimately return to growth. It's particularly important to support the retail and restaurant industries to help accelerate the recovery, he said.\n\"It will be important for us to inject additional resources into the economy\" such as the HK$5,000 electronic vouchers, he said. The scope of the vouchers will be as wide as possible so residents can spend it according to their own circumstances, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}