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Some investors lukewarm on China's Ant Group if revived after revamp
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","listText":"[OK] ","text":"[OK]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345644570","repostId":"2127209241","repostType":2,"repost":{"id":"2127209241","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":1618293085,"share":"https://www.laohu8.com/m/news/2127209241?lang=&edition=full","pubTime":"2021-04-13 13:51","market":"hk","language":"en","title":"Some investors lukewarm on China's Ant Group if revived after revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=2127209241","media":"Reuters","summary":"BOSTON/NEW YORK, April 13 (Reuters) - China's regulatory-imposed revamp of Jack Ma's Ant Group, tran","content":"<p>BOSTON/NEW YORK, April 13 (Reuters) - China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what would have been the world's biggest IPO.</p><p>The overhaul comes two days after affiliate Alibaba Group Holding Ltd , which owns around a one-third stake in Ant, was hit with a record $2.75 billion antitrust penalty as China tightens controls on its internet giants.</p><p>Several U.S.-based investors and others who watch China's markets said the developments seemed to limit the prospects of Ant, lowering its expected profitability and valuation.</p><p>\"I think there's still a lot of questions about what a post-restructured Ant looks like,\" said Daniel Kern, chief investment officer of TFC Financial Management in Boston, whose firm has about $3 million of Alibaba stock through the funds of other firms.</p><p>New York-listed shares in Alibaba rose 9.2% on Monday and Hong Kong shares were up 3% on Tuesday as investors saw the steps as removing a key source of uncertainty for the company and relief they were not more onerous.</p><p>Last year, Ant's valuation was touted at $315 billion for its IPO, which was pulled just before its November listing in Shanghai and Hong Kong.</p><p>Even before news of the revamp, sources told Reuters some global investors valued Ant around $200 billion based on its 2020 performance.</p><p>Leland Miller, CEO of U.S.-based consultancy China Beige Book, is among those who expects Ant's IPO plans to be resuscitated at some point, but said he doubted authorities are in a hurry.</p><p>One Hong Kong-based investor, whose investment in Ant's botched 2020 IPO was refunded, expects its listing to be a couple of years away.</p><p>Ant declined to comment on its IPO plans and possible changes in valuation.</p><p>William Huston, founder and director of institutional services at independent investment advisory firm Bay Street Capital Holdings said Ant as a bank or financial company IPO was a different investment thesis than Ant as a fintech company.</p><p>Huston reduced the firm's positions in Alibaba last year from 8% of the portfolio to less than 1%.</p><p>\"We were initially taking that position early on, thinking Ant would eventually IPO,\" said Huston. \"It is a significantly different opportunity now. There is no hurry to jump into investing in a bank.\"</p><p><b>'VALUE KNEECAPPING'</b></p><p>TFC's Kern said while Ant might have been more profitable under its previous structure in which it helped banks make consumer loans, its role could have also created greater risks for the economy and regulators were correct to step in.</p><p>Now, new rules would seem to constrain Ant and rivals, said Kevin Carter, founder of the Emerging Markets Internet & Ecommerce ETF.</p><p>\"There is no doubt a significant kind of kneecapping of the value of all of those businesses has occurred,\" Carter said, though he added all have good long-term potential.</p><p>Not all investors were so cautious.</p><p>Dan Hanson, chief investment officer of Ivy Investments, said Ant was widely seen as a likely focus for Chinese officials.</p><p>\"However onerous this restructuring might look, ultimately it's making Ant more investable. Regulatory scrutiny on Ant was a major overhang, and this deal looks like it's putting that to rest,\" he said.</p><p>Begun as Alibaba's payments arm, Ant's businesses now includes wealth management and consumer lending, and its Alipay app handles more transactions a year than Mastercard or <a href=\"https://laohu8.com/S/V\">Visa</a>.</p><p>Alibaba was regarded as a tech firm in 2018 when it raised funds from investors including Warburg Pincus and Carlyle Group Inc . Those private equity firms were not immediately available for comment.</p><p>\"It's pretty clear now, fintech can't be tech with no financial regulations,\" Liqian Ren, a quantitative investment specialist at WisdomTree Asset Management.</p><p>Besides the revamp, some investors are also concerned about higher levels of capital Ant would need to hold as a financial company, and its impact on valuation.</p><p>\"An additional capital requirement will dampen the return on equity and return on asset potential ... and this certainty impacts its value,\" said Hong Kong-based Sam Lecornu, CEO of Stonehorn Global Partners, which owns Alibaba shares and also invested in Ant's IPO. \"But doesn't take away the exceptional platform that it is.\"</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>Some investors lukewarm on China's Ant Group if revived after revamp</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\">\nSome investors lukewarm on China's Ant Group if revived after revamp\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\">2021-04-13 13:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BOSTON/NEW YORK, April 13 (Reuters) - China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what would have been the world's biggest IPO.</p><p>The overhaul comes two days after affiliate Alibaba Group Holding Ltd , which owns around a one-third stake in Ant, was hit with a record $2.75 billion antitrust penalty as China tightens controls on its internet giants.</p><p>Several U.S.-based investors and others who watch China's markets said the developments seemed to limit the prospects of Ant, lowering its expected profitability and valuation.</p><p>\"I think there's still a lot of questions about what a post-restructured Ant looks like,\" said Daniel Kern, chief investment officer of TFC Financial Management in Boston, whose firm has about $3 million of Alibaba stock through the funds of other firms.</p><p>New York-listed shares in Alibaba rose 9.2% on Monday and Hong Kong shares were up 3% on Tuesday as investors saw the steps as removing a key source of uncertainty for the company and relief they were not more onerous.</p><p>Last year, Ant's valuation was touted at $315 billion for its IPO, which was pulled just before its November listing in Shanghai and Hong Kong.</p><p>Even before news of the revamp, sources told Reuters some global investors valued Ant around $200 billion based on its 2020 performance.</p><p>Leland Miller, CEO of U.S.-based consultancy China Beige Book, is among those who expects Ant's IPO plans to be resuscitated at some point, but said he doubted authorities are in a hurry.</p><p>One Hong Kong-based investor, whose investment in Ant's botched 2020 IPO was refunded, expects its listing to be a couple of years away.</p><p>Ant declined to comment on its IPO plans and possible changes in valuation.</p><p>William Huston, founder and director of institutional services at independent investment advisory firm Bay Street Capital Holdings said Ant as a bank or financial company IPO was a different investment thesis than Ant as a fintech company.</p><p>Huston reduced the firm's positions in Alibaba last year from 8% of the portfolio to less than 1%.</p><p>\"We were initially taking that position early on, thinking Ant would eventually IPO,\" said Huston. \"It is a significantly different opportunity now. There is no hurry to jump into investing in a bank.\"</p><p><b>'VALUE KNEECAPPING'</b></p><p>TFC's Kern said while Ant might have been more profitable under its previous structure in which it helped banks make consumer loans, its role could have also created greater risks for the economy and regulators were correct to step in.</p><p>Now, new rules would seem to constrain Ant and rivals, said Kevin Carter, founder of the Emerging Markets Internet & Ecommerce ETF.</p><p>\"There is no doubt a significant kind of kneecapping of the value of all of those businesses has occurred,\" Carter said, though he added all have good long-term potential.</p><p>Not all investors were so cautious.</p><p>Dan Hanson, chief investment officer of Ivy Investments, said Ant was widely seen as a likely focus for Chinese officials.</p><p>\"However onerous this restructuring might look, ultimately it's making Ant more investable. Regulatory scrutiny on Ant was a major overhang, and this deal looks like it's putting that to rest,\" he said.</p><p>Begun as Alibaba's payments arm, Ant's businesses now includes wealth management and consumer lending, and its Alipay app handles more transactions a year than Mastercard or <a href=\"https://laohu8.com/S/V\">Visa</a>.</p><p>Alibaba was regarded as a tech firm in 2018 when it raised funds from investors including Warburg Pincus and Carlyle Group Inc . Those private equity firms were not immediately available for comment.</p><p>\"It's pretty clear now, fintech can't be tech with no financial regulations,\" Liqian Ren, a quantitative investment specialist at WisdomTree Asset Management.</p><p>Besides the revamp, some investors are also concerned about higher levels of capital Ant would need to hold as a financial company, and its impact on valuation.</p><p>\"An additional capital requirement will dampen the return on equity and return on asset potential ... and this certainty impacts its value,\" said Hong Kong-based Sam Lecornu, CEO of Stonehorn Global Partners, which owns Alibaba shares and also invested in Ant's IPO. \"But doesn't take away the exceptional platform that it is.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06688":"蚂蚁集团","09988":"阿里巴巴-W","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127209241","content_text":"BOSTON/NEW YORK, April 13 (Reuters) - China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what would have been the world's biggest IPO.The overhaul comes two days after affiliate Alibaba Group Holding Ltd , which owns around a one-third stake in Ant, was hit with a record $2.75 billion antitrust penalty as China tightens controls on its internet giants.Several U.S.-based investors and others who watch China's markets said the developments seemed to limit the prospects of Ant, lowering its expected profitability and valuation.\"I think there's still a lot of questions about what a post-restructured Ant looks like,\" said Daniel Kern, chief investment officer of TFC Financial Management in Boston, whose firm has about $3 million of Alibaba stock through the funds of other firms.New York-listed shares in Alibaba rose 9.2% on Monday and Hong Kong shares were up 3% on Tuesday as investors saw the steps as removing a key source of uncertainty for the company and relief they were not more onerous.Last year, Ant's valuation was touted at $315 billion for its IPO, which was pulled just before its November listing in Shanghai and Hong Kong.Even before news of the revamp, sources told Reuters some global investors valued Ant around $200 billion based on its 2020 performance.Leland Miller, CEO of U.S.-based consultancy China Beige Book, is among those who expects Ant's IPO plans to be resuscitated at some point, but said he doubted authorities are in a hurry.One Hong Kong-based investor, whose investment in Ant's botched 2020 IPO was refunded, expects its listing to be a couple of years away.Ant declined to comment on its IPO plans and possible changes in valuation.William Huston, founder and director of institutional services at independent investment advisory firm Bay Street Capital Holdings said Ant as a bank or financial company IPO was a different investment thesis than Ant as a fintech company.Huston reduced the firm's positions in Alibaba last year from 8% of the portfolio to less than 1%.\"We were initially taking that position early on, thinking Ant would eventually IPO,\" said Huston. \"It is a significantly different opportunity now. There is no hurry to jump into investing in a bank.\"'VALUE KNEECAPPING'TFC's Kern said while Ant might have been more profitable under its previous structure in which it helped banks make consumer loans, its role could have also created greater risks for the economy and regulators were correct to step in.Now, new rules would seem to constrain Ant and rivals, said Kevin Carter, founder of the Emerging Markets Internet & Ecommerce ETF.\"There is no doubt a significant kind of kneecapping of the value of all of those businesses has occurred,\" Carter said, though he added all have good long-term potential.Not all investors were so cautious.Dan Hanson, chief investment officer of Ivy Investments, said Ant was widely seen as a likely focus for Chinese officials.\"However onerous this restructuring might look, ultimately it's making Ant more investable. Regulatory scrutiny on Ant was a major overhang, and this deal looks like it's putting that to rest,\" he said.Begun as Alibaba's payments arm, Ant's businesses now includes wealth management and consumer lending, and its Alipay app handles more transactions a year than Mastercard or Visa.Alibaba was regarded as a tech firm in 2018 when it raised funds from investors including Warburg Pincus and Carlyle Group Inc . Those private equity firms were not immediately available for comment.\"It's pretty clear now, fintech can't be tech with no financial regulations,\" Liqian Ren, a quantitative investment specialist at WisdomTree Asset Management.Besides the revamp, some investors are also concerned about higher levels of capital Ant would need to hold as a financial company, and its impact on valuation.\"An additional capital requirement will dampen the return on equity and return on asset potential ... and this certainty impacts its value,\" said Hong Kong-based Sam Lecornu, CEO of Stonehorn Global Partners, which owns Alibaba shares and also invested in Ant's IPO. \"But doesn't take away the exceptional platform that it is.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":103657183,"gmtCreate":1619780904942,"gmtModify":1634209991909,"author":{"id":"3571140124954342","authorId":"3571140124954342","name":"rosros","avatar":"https://static.tigerbbs.com/43c5c49f40ddc748350762b95a5ca153","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571140124954342","authorIdStr":"3571140124954342"},"themes":[],"htmlText":"[OK] ","listText":"[OK] ","text":"[OK]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/103657183","repostId":"1176842993","repostType":2,"repost":{"id":"1176842993","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":1619780120,"share":"https://www.laohu8.com/m/news/1176842993?lang=&edition=full","pubTime":"2021-04-30 18:55","market":"us","language":"en","title":"New Credit Suisse chairman eyes risk and culture, strategic options","url":"https://stock-news.laohu8.com/highlight/detail?id=1176842993","media":"Reuters","summary":"Credit Suisse’s incoming Chairman Antonio Horta-Osorio intends to take a look at the bank’s risk man","content":"<p>Credit Suisse’s incoming Chairman Antonio Horta-Osorio intends to take a look at the bank’s risk management and culture following recent crises, as well as reviewing strategic options for the bank, he told shareholders upon his election on Friday.</p>\n<p>Shareholders elected the former Lloyds CEO with 96.45% approval during a time at which the bank has been roiled by billions in losses.</p>\n<p>“It takes years to build a reputation while it can be seriously affected literally overnight,” he told shareholders in a webcast speech. “Over three and a half decades, I have personally worked at and led several banks in different countries and have lived through many crises. What has happened with Credit Suisse over the last eight weeks, with the US-based hedge fund and the supply chain finance funds matters, certainly goes beyond that.”</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>New Credit Suisse chairman eyes risk and culture, strategic options</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\">\nNew Credit Suisse chairman eyes risk and culture, strategic options\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\">2021-04-30 18:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Credit Suisse’s incoming Chairman Antonio Horta-Osorio intends to take a look at the bank’s risk management and culture following recent crises, as well as reviewing strategic options for the bank, he told shareholders upon his election on Friday.</p>\n<p>Shareholders elected the former Lloyds CEO with 96.45% approval during a time at which the bank has been roiled by billions in losses.</p>\n<p>“It takes years to build a reputation while it can be seriously affected literally overnight,” he told shareholders in a webcast speech. “Over three and a half decades, I have personally worked at and led several banks in different countries and have lived through many crises. What has happened with Credit Suisse over the last eight weeks, with the US-based hedge fund and the supply chain finance funds matters, certainly goes beyond that.”</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":"1176842993","content_text":"Credit Suisse’s incoming Chairman Antonio Horta-Osorio intends to take a look at the bank’s risk management and culture following recent crises, as well as reviewing strategic options for the bank, he told shareholders upon his election on Friday.\nShareholders elected the former Lloyds CEO with 96.45% approval during a time at which the bank has been roiled by billions in losses.\n“It takes years to build a reputation while it can be seriously affected literally overnight,” he told shareholders in a webcast speech. “Over three and a half decades, I have personally worked at and led several banks in different countries and have lived through many crises. What has happened with Credit Suisse over the last eight weeks, with the US-based hedge fund and the supply chain finance funds matters, certainly goes beyond that.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103641891,"gmtCreate":1619781138213,"gmtModify":1634209988725,"author":{"id":"3571140124954342","authorId":"3571140124954342","name":"rosros","avatar":"https://static.tigerbbs.com/43c5c49f40ddc748350762b95a5ca153","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571140124954342","authorIdStr":"3571140124954342"},"themes":[],"htmlText":"Hodl","listText":"Hodl","text":"Hodl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103641891","repostId":"1137408141","repostType":2,"repost":{"id":"1137408141","pubTimestamp":1619753002,"share":"https://www.laohu8.com/m/news/1137408141?lang=&edition=full","pubTime":"2021-04-30 11:23","market":"us","language":"en","title":"What Big Companies Are Most Likely To Buy Bitcoin Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1137408141","media":"TheStreet","summary":"Tesla, Square, MicroStrategy and others hold Bitcoin, but who could be next to make the move?\nMany s","content":"<p>Tesla, Square, MicroStrategy and others hold Bitcoin, but who could be next to make the move?</p>\n<p>Many speculated that Facebook (FB) would announce Bitcoin holdings in its Q1 earnings report. That rumor turned out to be false. But after companies like Tesla (TSLA), Square (SQ) and MicroStrategy (MSTR) bought Bitcoin, many are wondering who could be next?</p>\n<p>Some companies are more positioned to offer crypto-related products and services than others, making them more likely candidates for a Bitcoin investment. Companies that could be more likely to purchase Bitcoin include payment providers, e-commerce sites and varying tech-driven corporations.</p>\n<p><b>Fast Facts</b></p>\n<ul>\n <li><b>Facebook's</b> earnings revealed no Bitcoin, but its endeavors into crypto with its “Diem” project may position it to move into Bitcoin down the line.</li>\n <li><b>Twitter's</b> founder, Jack Dorsey, is a known Bitcoiner. Plus, Twitter's CFO has already publicly stated that it is looking at holding Bitcoin on its Balance sheet.</li>\n <li><b>Google's</b> payments app, Google Pay, seems like a prime candidate to double as a crypto wallet for its over 150 million users. Its co-founder, Sergey Brin, has had positive comments on blockchain in the past, making the idea of Google owning Bitcoin in the future less outlandish.</li>\n <li>If <b>Amazon</b> were to start accepting crypto on its site, the digital assets' real-world usability would skyrocket. Amazon recently posted jobs for a digital currency project that is still unknown, proving that the company is aware of the growing trend in the payments industry.</li>\n <li><b>Mastercard</b> has jumped into the crypto industry by announcing it would start to support cryptocurrencies on its network. The company is also working with Gemini on a crypto rewards credit card.</li>\n</ul>\n<p><b>Facebook</b></p>\n<p>While there was a lot of hype around Facebook's earnings report and its potential to hold Bitcoin, there is still a chance the company could make such a move.</p>\n<p>Facebook has spent significant resources building its own cryptocurrency and wallet infrastructure. This investment has shown that the company has a great deal of interest in the digital assets and payments space.</p>\n<p>Facebook also has two board members that are pro-Bitcoin with Peter Thiel and Marc Andreesen, which doesn't hurt.</p>\n<p>Facebook's stablecoin, \"Diem,\" is set to launch a pilot sometime in 2021. As the company slowly movies into the crypto scene and establishes itself with its stablecoin and digital wallet systems, it could become more realistic for it to hold Bitcoin on its balance sheet.</p>\n<p><b>Twitter</b></p>\n<p>It's no secret that Twitter's (TWTR) founder, Jack Dorsey, is a major Bitcoiner. Dorsey has one thing in his Twitter bio: #Bitcoin.</p>\n<p>Dorsey also founded the payments company Square. In 2013, Square launched CashApp, a digital and peer-to-peer payments system. CashApp also allows its users to invest similarly to Robinhood and other apps. In 2018 the app began allowing its users to buy, send and receive Bitcoin and other cryptocurrencies from the app.</p>\n<p>In October, Square announced that it would buy $50 million worth of Bitcoin, equating to 4,709 Bitcoins at the time. In February, Twitter's chief financial officer said the company is considering the option of holding Bitcoin on its balance sheet during an interview with Squawk Box.</p>\n<p>“We have done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in bitcoin, how we might pay a vendor if they asked to be paid in bitcoin and whether we need to have bitcoin on our balance sheet,” said Ned Segal, Twitter's CFO.</p>\n<p>Given Dorsey's stance on Bitcoin and the comments from Twitter's CFO, it would not be outlandish to hear an announcement that Twitter has purchased Bitcoin.</p>\n<p><b>Google</b></p>\n<p>Google (GOOGL) has the potential to become more involved with crypto in general for a couple of reasons. Perhaps the most obvious is Google Pay, which seems primed for crypto integration.</p>\n<p>Currently, users can use BitPay's card to use their cryptocurrencies through Google's payment app, but adding the ability for users to buy, hold and spend crypto directly in the app seems like an obvious choice in a world where crypto adoption has been growing.</p>\n<p>Sergey Brin, the co-founder of Google, has also shared a positive outlook on the blockchain space. In 2019 the tech billionaire had comments about the promise the tech showed and how he and his son once mined Ethereum together.</p>\n<p>“I see the future as taking these kind of research-y kind of out-there ideas and making them real,\" he said about blockchain. “A year or two ago my son insisted that we needed to get a gaming PC. I told him If we get a gaming PC we have to mine cryptocurrency. So we got an ethereum miner on there and we’ve been making a few pennies and dollars since.”</p>\n<p>Regarding his experience, Brin said, “that definitely got me interested and I started to study the technology behind it and found it to be fascinating.”</p>\n<p>Google would likely add support for cryptocurrency to Google Pay long before it ever puts Bitcoin on its balance sheet, but it doesn't seem unrealistic for Google to one day own some Bitcoin.</p>\n<p><b>Amazon</b></p>\n<p>If Amazon (AMZN) were to make a move into crypto it would make huge waves in the cryptocurrency industry and help to further legitimize digital assets. Amazon accepting Bitcoin or other crypto assets would mean that individuals would be able to get their daily needs with only crypto.</p>\n<p>In February of this year, Amazon announced that Jeff Bezos would step down as CEO to be replaced by Andy Jassy. Prior to becoming Amazon's CEO, Jassy ran Amazon Web Services. Under his leadership, AWS launched the Amazon Managed Blockchain that allowed developers to build on Hyperledger or Ethereum without using their own hardware.</p>\n<p>It was also revealed in February that Amazon had a number of job postings that seemed to point towards some sort of digital currency project for a new division called Digital and Emerging Payments.</p>\n<p>One of the postings said, “We are looking for a leader to help us launch a new payment product starting with Mexico as our initial launch country. This product will enable customers to convert their cash in to digital currency which customers can enjoy online services including shopping for goods and/or services like Prime Video.”</p>\n<p>Jassy's experience with blockchain could allow him to be more open to the company's acceptance of crypto payments. More importantly, the company's somewhat secretive Digital and Emerging Payments division suggest that Amazon is already developing such a system to accept alternative payments in the future.</p>\n<p><b>Mastercard</b></p>\n<p>In early February, Mastercard (MA) made a huge announcement when it said they would soon start supporting cryptocurrencies directly on its network.</p>\n<p>\"We are preparing right now for the future of crypto and payments, announcing that this year Mastercard will start supporting select cryptocurrencies directly on our network. This is a big change that will require a lot of work,\" the company said in its press release.</p>\n<p>The company went on to say that its decision is all about choice.</p>\n<p>\"Our philosophy on cryptocurrencies is straightforward: It’s about choice. Mastercard isn’t here to recommend you start using cryptocurrencies. But we are here to enable customers, merchants and businesses to move digital value – traditional or crypto – however they want. It should be your choice, it’s your money.\"</p>\n<p>Mastercard is also working with the Gemini Exchange to offer a crypto rewards credit card. Mastercard's stance and growing activity in the crypto industry puts it in a position to be a significant player, which could lead to a more open stance on holding Bitcoin.</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>What Big Companies Are Most Likely To Buy Bitcoin Next?</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 Big Companies Are Most Likely To Buy Bitcoin Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 11:23 GMT+8 <a href=https://www.thestreet.com/crypto/bitcoin/what-big-company-will-buy-bitcoin-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla, Square, MicroStrategy and others hold Bitcoin, but who could be next to make the move?\nMany speculated that Facebook (FB) would announce Bitcoin holdings in its Q1 earnings report. That rumor ...</p>\n\n<a href=\"https://www.thestreet.com/crypto/bitcoin/what-big-company-will-buy-bitcoin-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AMZN":"亚马逊","GBTC":"Grayscale Bitcoin Trust","TWTR":"Twitter","SQ":"Block","GOOG":"谷歌","TSLA":"特斯拉","MA":"万事达","PYPL":"PayPal"},"source_url":"https://www.thestreet.com/crypto/bitcoin/what-big-company-will-buy-bitcoin-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137408141","content_text":"Tesla, Square, MicroStrategy and others hold Bitcoin, but who could be next to make the move?\nMany speculated that Facebook (FB) would announce Bitcoin holdings in its Q1 earnings report. That rumor turned out to be false. But after companies like Tesla (TSLA), Square (SQ) and MicroStrategy (MSTR) bought Bitcoin, many are wondering who could be next?\nSome companies are more positioned to offer crypto-related products and services than others, making them more likely candidates for a Bitcoin investment. Companies that could be more likely to purchase Bitcoin include payment providers, e-commerce sites and varying tech-driven corporations.\nFast Facts\n\nFacebook's earnings revealed no Bitcoin, but its endeavors into crypto with its “Diem” project may position it to move into Bitcoin down the line.\nTwitter's founder, Jack Dorsey, is a known Bitcoiner. Plus, Twitter's CFO has already publicly stated that it is looking at holding Bitcoin on its Balance sheet.\nGoogle's payments app, Google Pay, seems like a prime candidate to double as a crypto wallet for its over 150 million users. Its co-founder, Sergey Brin, has had positive comments on blockchain in the past, making the idea of Google owning Bitcoin in the future less outlandish.\nIf Amazon were to start accepting crypto on its site, the digital assets' real-world usability would skyrocket. Amazon recently posted jobs for a digital currency project that is still unknown, proving that the company is aware of the growing trend in the payments industry.\nMastercard has jumped into the crypto industry by announcing it would start to support cryptocurrencies on its network. The company is also working with Gemini on a crypto rewards credit card.\n\nFacebook\nWhile there was a lot of hype around Facebook's earnings report and its potential to hold Bitcoin, there is still a chance the company could make such a move.\nFacebook has spent significant resources building its own cryptocurrency and wallet infrastructure. This investment has shown that the company has a great deal of interest in the digital assets and payments space.\nFacebook also has two board members that are pro-Bitcoin with Peter Thiel and Marc Andreesen, which doesn't hurt.\nFacebook's stablecoin, \"Diem,\" is set to launch a pilot sometime in 2021. As the company slowly movies into the crypto scene and establishes itself with its stablecoin and digital wallet systems, it could become more realistic for it to hold Bitcoin on its balance sheet.\nTwitter\nIt's no secret that Twitter's (TWTR) founder, Jack Dorsey, is a major Bitcoiner. Dorsey has one thing in his Twitter bio: #Bitcoin.\nDorsey also founded the payments company Square. In 2013, Square launched CashApp, a digital and peer-to-peer payments system. CashApp also allows its users to invest similarly to Robinhood and other apps. In 2018 the app began allowing its users to buy, send and receive Bitcoin and other cryptocurrencies from the app.\nIn October, Square announced that it would buy $50 million worth of Bitcoin, equating to 4,709 Bitcoins at the time. In February, Twitter's chief financial officer said the company is considering the option of holding Bitcoin on its balance sheet during an interview with Squawk Box.\n“We have done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in bitcoin, how we might pay a vendor if they asked to be paid in bitcoin and whether we need to have bitcoin on our balance sheet,” said Ned Segal, Twitter's CFO.\nGiven Dorsey's stance on Bitcoin and the comments from Twitter's CFO, it would not be outlandish to hear an announcement that Twitter has purchased Bitcoin.\nGoogle\nGoogle (GOOGL) has the potential to become more involved with crypto in general for a couple of reasons. Perhaps the most obvious is Google Pay, which seems primed for crypto integration.\nCurrently, users can use BitPay's card to use their cryptocurrencies through Google's payment app, but adding the ability for users to buy, hold and spend crypto directly in the app seems like an obvious choice in a world where crypto adoption has been growing.\nSergey Brin, the co-founder of Google, has also shared a positive outlook on the blockchain space. In 2019 the tech billionaire had comments about the promise the tech showed and how he and his son once mined Ethereum together.\n“I see the future as taking these kind of research-y kind of out-there ideas and making them real,\" he said about blockchain. “A year or two ago my son insisted that we needed to get a gaming PC. I told him If we get a gaming PC we have to mine cryptocurrency. So we got an ethereum miner on there and we’ve been making a few pennies and dollars since.”\nRegarding his experience, Brin said, “that definitely got me interested and I started to study the technology behind it and found it to be fascinating.”\nGoogle would likely add support for cryptocurrency to Google Pay long before it ever puts Bitcoin on its balance sheet, but it doesn't seem unrealistic for Google to one day own some Bitcoin.\nAmazon\nIf Amazon (AMZN) were to make a move into crypto it would make huge waves in the cryptocurrency industry and help to further legitimize digital assets. Amazon accepting Bitcoin or other crypto assets would mean that individuals would be able to get their daily needs with only crypto.\nIn February of this year, Amazon announced that Jeff Bezos would step down as CEO to be replaced by Andy Jassy. Prior to becoming Amazon's CEO, Jassy ran Amazon Web Services. Under his leadership, AWS launched the Amazon Managed Blockchain that allowed developers to build on Hyperledger or Ethereum without using their own hardware.\nIt was also revealed in February that Amazon had a number of job postings that seemed to point towards some sort of digital currency project for a new division called Digital and Emerging Payments.\nOne of the postings said, “We are looking for a leader to help us launch a new payment product starting with Mexico as our initial launch country. This product will enable customers to convert their cash in to digital currency which customers can enjoy online services including shopping for goods and/or services like Prime Video.”\nJassy's experience with blockchain could allow him to be more open to the company's acceptance of crypto payments. More importantly, the company's somewhat secretive Digital and Emerging Payments division suggest that Amazon is already developing such a system to accept alternative payments in the future.\nMastercard\nIn early February, Mastercard (MA) made a huge announcement when it said they would soon start supporting cryptocurrencies directly on its network.\n\"We are preparing right now for the future of crypto and payments, announcing that this year Mastercard will start supporting select cryptocurrencies directly on our network. This is a big change that will require a lot of work,\" the company said in its press release.\nThe company went on to say that its decision is all about choice.\n\"Our philosophy on cryptocurrencies is straightforward: It’s about choice. Mastercard isn’t here to recommend you start using cryptocurrencies. But we are here to enable customers, merchants and businesses to move digital value – traditional or crypto – however they want. It should be your choice, it’s your money.\"\nMastercard is also working with the Gemini Exchange to offer a crypto rewards credit card. Mastercard's stance and growing activity in the crypto industry puts it in a position to be a significant player, which could lead to a more open stance on holding Bitcoin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374953728,"gmtCreate":1619411646864,"gmtModify":1634273678265,"author":{"id":"3571140124954342","authorId":"3571140124954342","name":"rosros","avatar":"https://static.tigerbbs.com/43c5c49f40ddc748350762b95a5ca153","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571140124954342","authorIdStr":"3571140124954342"},"themes":[],"htmlText":"Good!","listText":"Good!","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/374953728","repostId":"1155008857","repostType":2,"repost":{"id":"1155008857","pubTimestamp":1619399210,"share":"https://www.laohu8.com/m/news/1155008857?lang=&edition=full","pubTime":"2021-04-26 09:06","market":"hk","language":"en","title":"Hong Kong-Singapore Air Travel Bubble to Start on May 26","url":"https://stock-news.laohu8.com/highlight/detail?id=1155008857","media":"Bloomberg","summary":"Agreement will allow quarantine-free travel between two hubs\nOriginal announcement last week cancele","content":"<ul>\n <li>Agreement will allow quarantine-free travel between two hubs</li>\n <li>Original announcement last week canceled by Singapore</li>\n</ul>\n<p>Hong Kong and Singapore will announce a start to their highly anticipated two-way air travel bubble as soon as Monday, according to people familiar with the matter, after multiple delays.</p>\n<p>Flights under the agreement -- which allows people to travel quarantine free between the financial hubs -- will begin from May 26, said the people, who asked not to be identified as they’re not authorized to speak publicly. The number of flights will be increased by June 26 if there aren’t further outbreaks in either city, one of the people said.</p>\n<p>Hong Kong and Singapore have been working on the creation of a travel corridor for months after plans for a November start were shelved due to a virus flareup in the Chinese territory. A plan to announce its revival last week was also canceled at the last minute by the Singapore side, people familiar with the matter said at the time.</p>\n<p>The Hong Kong government said a discussion with Singapore on the re-launch “is at an advance stage and the government will make announcement as soon as practicable.” Singapore’s transport ministry referred Bloomberg News to its most recent press release on the matter. Singapore last week said the two cities had not fixed a date to announce the resumption of the bubble, but “will do so once we are ready, hopefully very soon.”</p>\n<p>While Covid-19 cases in the two places pale in comparison to many countries, strict requirements for the bubble to open meant outbreaks that would be regarded as small elsewhere were enough to halt progress.</p>\n<p>Virus flareups in Hong Kong were the main reason for the months of delays. Now, after stemming a March outbreak centered on a gym, Hong Kong has been reporting only a handful of new infections a day, or low double-digits at most. Chief Executive Carrie Lam said on April 12 that the virus was “obviously contained” in the city and encouraged more people to get vaccinated,dangling the prospect of looser rules on social distancing for those who were inoculated. Singapore averaged two new cases per week recently.</p>\n<p>Sporadic outbreaks also complicated a travel bubble between Australia and New Zealand. After many months in the making, a quarantine-free flight corridor between those two countries -- which have largely eliminated the virus due to strict border curbs -- opened on April 19.</p>\n<p>The Hong Kong-Singapore agreement should unleash a torrent of pent-up demand from people eager to fly overseas and potentially do business in person after more than a year of the pandemic, though it is unclear yet the limited number of flights or seats that will be made available. The desire to travel in any way possible is reflected in the popularity of so-called cruises to nowhere in Singapore and tickets selling out for gimmicky dinners on parked aircraft.</p>\n<p>Under previous travel bubble plans, flights will be operated by Singapore Airlines Ltd. and Cathay Pacific Airways Ltd.The two airlines have been hammered by Covid-19 as they don’t have domestic markets to compensate for a near-total collapse in international travel. Latest data show Cathay flew just 598 passengers a day on average in March as it operated a skeleton schedule to only 18 destinations. Singapore Airlines’ numbers are also just a tiny fraction of pre-pandemic levels.</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>Hong Kong-Singapore Air Travel Bubble to Start on May 26</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-Singapore Air Travel Bubble to Start on May 26\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 09:06 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-04-25/hong-kong-singapore-air-travel-bubble-said-to-start-on-may-26><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Agreement will allow quarantine-free travel between two hubs\nOriginal announcement last week canceled by Singapore\n\nHong Kong and Singapore will announce a start to their highly anticipated two-way ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-25/hong-kong-singapore-air-travel-bubble-said-to-start-on-may-26\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空","C6L.SI":"新加坡航空公司"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-25/hong-kong-singapore-air-travel-bubble-said-to-start-on-may-26","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155008857","content_text":"Agreement will allow quarantine-free travel between two hubs\nOriginal announcement last week canceled by Singapore\n\nHong Kong and Singapore will announce a start to their highly anticipated two-way air travel bubble as soon as Monday, according to people familiar with the matter, after multiple delays.\nFlights under the agreement -- which allows people to travel quarantine free between the financial hubs -- will begin from May 26, said the people, who asked not to be identified as they’re not authorized to speak publicly. The number of flights will be increased by June 26 if there aren’t further outbreaks in either city, one of the people said.\nHong Kong and Singapore have been working on the creation of a travel corridor for months after plans for a November start were shelved due to a virus flareup in the Chinese territory. A plan to announce its revival last week was also canceled at the last minute by the Singapore side, people familiar with the matter said at the time.\nThe Hong Kong government said a discussion with Singapore on the re-launch “is at an advance stage and the government will make announcement as soon as practicable.” Singapore’s transport ministry referred Bloomberg News to its most recent press release on the matter. Singapore last week said the two cities had not fixed a date to announce the resumption of the bubble, but “will do so once we are ready, hopefully very soon.”\nWhile Covid-19 cases in the two places pale in comparison to many countries, strict requirements for the bubble to open meant outbreaks that would be regarded as small elsewhere were enough to halt progress.\nVirus flareups in Hong Kong were the main reason for the months of delays. Now, after stemming a March outbreak centered on a gym, Hong Kong has been reporting only a handful of new infections a day, or low double-digits at most. Chief Executive Carrie Lam said on April 12 that the virus was “obviously contained” in the city and encouraged more people to get vaccinated,dangling the prospect of looser rules on social distancing for those who were inoculated. Singapore averaged two new cases per week recently.\nSporadic outbreaks also complicated a travel bubble between Australia and New Zealand. After many months in the making, a quarantine-free flight corridor between those two countries -- which have largely eliminated the virus due to strict border curbs -- opened on April 19.\nThe Hong Kong-Singapore agreement should unleash a torrent of pent-up demand from people eager to fly overseas and potentially do business in person after more than a year of the pandemic, though it is unclear yet the limited number of flights or seats that will be made available. The desire to travel in any way possible is reflected in the popularity of so-called cruises to nowhere in Singapore and tickets selling out for gimmicky dinners on parked aircraft.\nUnder previous travel bubble plans, flights will be operated by Singapore Airlines Ltd. and Cathay Pacific Airways Ltd.The two airlines have been hammered by Covid-19 as they don’t have domestic markets to compensate for a near-total collapse in international travel. Latest data show Cathay flew just 598 passengers a day on average in March as it operated a skeleton schedule to only 18 destinations. Singapore Airlines’ numbers are also just a tiny fraction of pre-pandemic levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345673011,"gmtCreate":1618313818533,"gmtModify":1634293788185,"author":{"id":"3571140124954342","authorId":"3571140124954342","name":"rosros","avatar":"https://static.tigerbbs.com/43c5c49f40ddc748350762b95a5ca153","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571140124954342","authorIdStr":"3571140124954342"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345673011","repostId":"1119511370","repostType":2,"repost":{"id":"1119511370","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1618296231,"share":"https://www.laohu8.com/m/news/1119511370?lang=&edition=full","pubTime":"2021-04-13 14:43","market":"us","language":"en","title":"Cathie Wood Buys Yet Another Workhorse Dip, Also Adds DraftKings, Peloton, Square","url":"https://stock-news.laohu8.com/highlight/detail?id=1119511370","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Monday bought in more shares of the electric vehicle co","content":"<p>Cathie Wood-led Ark Investment Management on Monday bought in more shares of the electric vehicle company <b>Workhorse Group Inc</b> on a day the stock fell about 6% to $12.36, revealed a daily email showing the financial activity of the fund.</p>\n<p>The <b>Ark Space Exploration & InnovationETF</b>, the company’snewestfund, added 128,400 shares of Workhorse, representing about 0.25% of the total weight of the ETF.</p>\n<p>The ETF now owns 623,562 shares of the stock valued at $7.7 million and making up about 1.19% of the fund’s assets.</p>\n<p>The space fund is mainly focused on companies developing technology around spaceflight but companies such as Workhorse and agricultural equipment maker <b>Deere & Co</b> have found their way into the ETF.</p>\n<p>The investment firm’s daily trade disclosures sent every night to investors have in recent months caused certain stocks to see a spike in the after-hours session. Here’s a list of 37 more stocks that the hedge fund bought and sold on Monday.</p>\n<p>Trades For<b>Ark Fintech Innovation ETF</b>:</p>\n<p><b>Opendoor Technologies Inc</b>: Bought 633,400 shares of the online real estate company, representing about 0.28% of the ETF.</p>\n<p>Opendoor shares closed 5.36% lower at $19.41 on Monday and were up 2% in the after-hours. It has a 52-week high of $39.24 and low of $10.55.</p>\n<p><b>Silvergate Capital Corp</b>: Sold 65,349 shares of the bitcoin banking company, representing about 0.245% of the ETF.</p>\n<p>Silvergate Capital shares closed 0.09% lower at $162.84 on Monday and were further down 0.64% in after hours. The stock has a 52-week high of $187.86 and low of $9.50.</p>\n<p>Trades For <b>Ark Genomic Revolution ETF</b>:</p>\n<p><b>Adaptive Biotechnology Corp</b>: Bought 179,500 shares of the life sciences company, representing about 0.0759% of the ETF.</p>\n<p>Adaptive shares closed 0.62% lower at $40.17 on Monday and were up 0.2% in the after-hours. It has a 52-week high of $71.25 and low of $24.27.</p>\n<p><b>Berkeley Lights Inc</b>: Bought 45,956 shares of the company, representing about 0.023% of the ETF.</p>\n<p>Berkeley stock closed 0.85% higher at $47.64 on Monday. It has a 52-week high of $113.53 and low of $42.03.</p>\n<p><b>908 Devices Inc</b>:Bought 6,603 shares of the purpose-built handheld and devices for chemical and biomolecular analysis company, representing about 0.0035% of the ETF.</p>\n<p>908 Devices stock closed 0.43% lower at $50.77 on Monday. It has a 52-week high of $79.60 and low of $38.88.</p>\n<p><b>Repare Therapeutics Inc</b>: Bought 4,597 shares of the Canadian oncology company, representing about 0.0015% of the ETF.</p>\n<p>Repare stock closed 5.46% higher at $32.46 on Monday. It has a 52-week high of $46.44 and low of $21.45.</p>\n<p><b>Syros Pharmaceuticals Inc</b>: Sold 401 shares of the biopharmaceutical company that focuses on the development of treatments for cancer and monogenic diseases.</p>\n<p>Syros stock closed 2.60% lower at $6.36 on Monday. It has a 52-week high of $15.65 and low of $6.25.</p>\n<p><b>Phreesia Inc</b>: Sold 23,613 shares of the healthcare software services company, representing about 0.013% of the ETF.</p>\n<p>Phreesia shares closed 2.59% lower at $51.53 on Monday the stock has a 52-week high of $81.59 and low of $18.</p>\n<p>Trades For <b>ArkInnovation ETF</b>:</p>\n<p><b>Unity Software Inc</b><b>U 0.81%</b><b>:</b>Bought 124,745 shares of the video game software development company, representing about 0.05% of the ETF.</p>\n<p>Unity shares closed 0.9% higher at $98 on Monday. It has a 52-week high of $174.94 and low of $65.11.</p>\n<p><b>10X Genomics Inc</b>: Bought 91,629 shares of the gene sequencing biotechnology company, representing about 0.07% of the ETF.</p>\n<p>10X shares closed 3.25% higher at $188.31 on Monday. It has a 52-week high of $201.70 and low of $62.70.</p>\n<p><b>Fate Therapeutics Inc:</b>Bought 139,699 shares of the cancer treatment development company, representing about 0.044% of the ETF.</p>\n<p>Fate shares closed 3.83% lower at $75 on Monday. It has a 52-week high of $121.16 and low of $25.60.</p>\n<p><b>Exact Sciences Corp</b>: Bought 33,361 shares of the molecular diagnostics company, representing about 0.017% of the ETF.</p>\n<p>Exact Sciences shares closed 0.48% lower at $124.94 on Monday. It has a 52-week high of $159.54 and low of $63.32.</p>\n<p><b>DraftKings Inc</b>: Bought 431,100 shares of the daily fantasy sports company, representing about 0.1% of the ETF.</p>\n<p>DraftKings shares closed 6.87% lower at $58.03 on Monday. It has a 52-week high of $74.38 and low of $13.60.</p>\n<p><b>Beam Therapeutics Inc</b>: Bought 277,900 shares of the advanced genetic medicines innovator company, representing about 0.078% of the ETF.</p>\n<p>Beam shares closed 2% lower at $68.82 on Monday. It has a 52-week high of $126.90 and low of $14.80.</p>\n<p><b>Square Inc</b>: Bought 86,800 shares of the mobile payment company, representing about 0.096% of the ETF.</p>\n<p>Square shares closed 1.43% higher at $265.20 on Monday. It has a 52-week high of $283.19 and low of $56.12.</p>\n<p>Trades for <b>ARK Autonomous Technology & Robotics ETF:</b></p>\n<p>J<b>aws Spitfire Acquisition Corp</b>: Bought 318,086 shares of the blank-check company, representing about 0.1% of the ETF.</p>\n<p>Jaws Spitfire shares closed 1.96% higher at $10.90 on Monday. It has a 52-week high of $12.10 and low of $9.95.</p>\n<p><b>Virgin Galactic Holdings Inc</b>: Bought 139,227 shares of the spaceflight company, representing about 0.1% of the ETF.</p>\n<p>Virgin Galactic shares closed 8.63% lower on Monday. It has a 52-week high of $62.80 and low of $14.21.</p>\n<p><b>Nano Dimension Ltd</b>: Bought 463,128 shares of the 3D printing company, representing about 0.0996% of the ETF.</p>\n<p>Nano Dimension shares closed 6.14% lower at $7.34 on Monday, and were up 4.2% in after-hours. The stock has a 52-week high of $17.89 and low of $0.65.</p>\n<p><b>JD.com</b><b>Inc</b>: Bought 33,700 shares of the Chinese online e-commerce company, representing about 0.0779% of the ETF.</p>\n<p>JD.comstock closed 2.19% lower at $78.65 on Monday. It has a 52-week high of $108.29 and low of $40.58.</p>\n<p><b>Iridium Communications Inc</b>: Bought 138,012 shares of the mobile<b>satellite communications</b>services, representing about 0.166% of the ETF.</p>\n<p>Iridium shares closed 5.80% lower at $40.46. The stock has a 52-week high of $54.65 and low of $19.18.</p>\n<p><b>3D Systems Corp</b>: Bought 263,667 shares of the printing engineering company, representing about 0.17% of the ETF.</p>\n<p>3D shares closed 7.28% lower at $22.16 on Monday and rose 0.63% in the after-hours. It has a 52-week high of $56.5 and low of $4.60.</p>\n<p><b>Deere & Co</b>: Sold 7,260 shares of farm equipment maker, representing about 0.08% of the ETF.</p>\n<p>Shares of the Moline, Illinois-based company closed 0.33% higher at $378.26 on Monday. It has a 52-week high of $392.42 and low of $117.85.</p>\n<p><b>Synopsys Inc</b>: Sold 34,418 shares of the electronic design automation company, representing about 0.26% of the ETF.</p>\n<p>Synopsys shares closed 1.45% lower at $258.05 on Monday. It has a 52-week high of $300.91 and low of $133.27.</p>\n<p><b>AeroVironment Inc</b>: Sold 11,566 shares in the California-headquartered defense contractor, representing about 0.4% of the ETF.</p>\n<p>AeroVironment stock closed 0.23% higher at $113.44 on Monday. It has a 52-week high of $143.72 and low of $53.15.</p>\n<p><b>Teradyne Inc</b>: Sold 53,065 shares of the equipment design and manufacturing company, representing about 0.2% of the ETF.</p>\n<p>Teradyne shares closed 1.98% lower at $130.43. The stock has a 52-week high of $147.90 and low of $56.42.</p>\n<p>T<b>aiwan Semiconductor Mfg. Co</b>: Sold 7,986 shares in the semiconductor manufacturing and design company, representing about 0.03% of the ETF.</p>\n<p>Taiwan Semiconductor stock closed 1.63% lower at $123.43 on Monday. It has a 52-week high of $142.20 and low of $47.96.</p>\n<p><i>See Also:</i>Docusign, LendingTree, And Velo3D's Rumored SPAC — What Cathie Wood's Ark Bought And Sold On Friday</p>\n<p>Trades For <b>ARK Next Generation Internet ETF:</b></p>\n<p><b>Zoom Video Communications Inc</b>ZM 0.35%: Bought 54,559 shares of the video calling company, representing about 0.25% of the ETF.</p>\n<p>Zoom stock closed 0.35% lower at $321.51 on Monday. It has a 52-week high of $588.84 and low of $125.60.</p>\n<p><b>Peloton Interactive Inc</b>: Bought 77,079 shares of the exercise bike maker company, representing about 0.13% of the ETF.</p>\n<p>Peloton shares closed 0.31% higher at $118.97 on Monday and were down 0.26% in the after-hours. It has a 52-week high of $171.09 and low of $28.46.</p>\n<p><b>LendingClub Corp</b>: Bought 102,719 shares of the peer-to-peer lending company, representing about 0.022% of the ETF.</p>\n<p>LendingClub stock closed 5.14% lower at $14.96 on Monday. It has a 52-week high of $22.68 and low of $4.32.</p>\n<p><b>DraftKings Inc</b>: Bought 30,100 shares of the daily fantasy sports company, representing about 0.02% of the ETF.</p>\n<p>DraftKings shares closed 6.87% lower at $58.03 on Monday. It has a 52-week high of $74.38 and low of $13.60.</p>\n<p><b>Atlassian Corp Plc</b>TEAM 2.33%: Sold 131,800 shares of the Australian software company, representing about 0.43% of the ETF.</p>\n<p>Atlassian shares closed 2.33% higher at $230.66 on Monday. It has a 52-week high of $262.40 and low of $134.76.</p>\n<p><b>LendingTree Inc</b>: Sold 4,502 shares of the online lending marketplace company, representing about 0.01% of the ETF.</p>\n<p>LendingTree stock closed 0.05% higher at $227.67 on Monday. It has a 52-week high of $372.64 and low of $175.01.</p>\n<p>Trades For<b>ArkSpace Exploration & Innovation ETF</b>ARKX 0.86%</p>\n<p><b>Virgin Galactic Holdings Inc</b>: Bought 97,100 shares of the spaceflight company, representing about 0.4% of the ETF.</p>\n<p>Virgin Galactic shares closed 8.63% lower on Monday. It has a 52-week high of $62.80 and low of $14.21.</p>\n<p><b>Reinvent Technology Partners</b>: Bought 55,163 shares of the blank-check company, representing 0.0867% of the ETF.</p>\n<p>Reinvent shares closed 0.39% lower at $10.11 on Monday and were up 0.59% in after-hours trading. The stock has a 52-week high of $17 and low of $9.86.</p>\n<p><b>Deere & Co</b>: Sold 10,240 shares of farm equipment maker, representing about 0.6% of the ETF.</p>\n<p>Shares of the Moline, Illinois-based company closed 0.33% higher at $378.26 on Monday. It has a 52-week high of $392.42 and low of $117.85.</p>\n<p><b>T</b><b>aiwan Semiconductor Mfg. Co</b>: Sold 22,569 shares in the semiconductor manufacturing and design company, representing about 0.41% of the ETF.</p>\n<p>The <b>Apple Inc</b> supplier's stock closed 1.63% lower at $123.43 on Monday. It has a 52-week high of $142.20 and low of $47.96.</p>\n<p><b>Garmin Ltd</b>: Sold 12,500 shares of the wearable technology company, representing about 0.27% of the ETF.</p>\n<p>Garmin shares closed 0.15% higher at $137.85 on Monday. The stock has a 52-week high of $138.43 and low of $76.02.</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>Cathie Wood Buys Yet Another Workhorse Dip, Also Adds DraftKings, Peloton, Square</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\">\nCathie Wood Buys Yet Another Workhorse Dip, Also Adds DraftKings, Peloton, Square\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-13 14:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Monday bought in more shares of the electric vehicle company <b>Workhorse Group Inc</b> on a day the stock fell about 6% to $12.36, revealed a daily email showing the financial activity of the fund.</p>\n<p>The <b>Ark Space Exploration & InnovationETF</b>, the company’snewestfund, added 128,400 shares of Workhorse, representing about 0.25% of the total weight of the ETF.</p>\n<p>The ETF now owns 623,562 shares of the stock valued at $7.7 million and making up about 1.19% of the fund’s assets.</p>\n<p>The space fund is mainly focused on companies developing technology around spaceflight but companies such as Workhorse and agricultural equipment maker <b>Deere & Co</b> have found their way into the ETF.</p>\n<p>The investment firm’s daily trade disclosures sent every night to investors have in recent months caused certain stocks to see a spike in the after-hours session. Here’s a list of 37 more stocks that the hedge fund bought and sold on Monday.</p>\n<p>Trades For<b>Ark Fintech Innovation ETF</b>:</p>\n<p><b>Opendoor Technologies Inc</b>: Bought 633,400 shares of the online real estate company, representing about 0.28% of the ETF.</p>\n<p>Opendoor shares closed 5.36% lower at $19.41 on Monday and were up 2% in the after-hours. It has a 52-week high of $39.24 and low of $10.55.</p>\n<p><b>Silvergate Capital Corp</b>: Sold 65,349 shares of the bitcoin banking company, representing about 0.245% of the ETF.</p>\n<p>Silvergate Capital shares closed 0.09% lower at $162.84 on Monday and were further down 0.64% in after hours. The stock has a 52-week high of $187.86 and low of $9.50.</p>\n<p>Trades For <b>Ark Genomic Revolution ETF</b>:</p>\n<p><b>Adaptive Biotechnology Corp</b>: Bought 179,500 shares of the life sciences company, representing about 0.0759% of the ETF.</p>\n<p>Adaptive shares closed 0.62% lower at $40.17 on Monday and were up 0.2% in the after-hours. It has a 52-week high of $71.25 and low of $24.27.</p>\n<p><b>Berkeley Lights Inc</b>: Bought 45,956 shares of the company, representing about 0.023% of the ETF.</p>\n<p>Berkeley stock closed 0.85% higher at $47.64 on Monday. It has a 52-week high of $113.53 and low of $42.03.</p>\n<p><b>908 Devices Inc</b>:Bought 6,603 shares of the purpose-built handheld and devices for chemical and biomolecular analysis company, representing about 0.0035% of the ETF.</p>\n<p>908 Devices stock closed 0.43% lower at $50.77 on Monday. It has a 52-week high of $79.60 and low of $38.88.</p>\n<p><b>Repare Therapeutics Inc</b>: Bought 4,597 shares of the Canadian oncology company, representing about 0.0015% of the ETF.</p>\n<p>Repare stock closed 5.46% higher at $32.46 on Monday. It has a 52-week high of $46.44 and low of $21.45.</p>\n<p><b>Syros Pharmaceuticals Inc</b>: Sold 401 shares of the biopharmaceutical company that focuses on the development of treatments for cancer and monogenic diseases.</p>\n<p>Syros stock closed 2.60% lower at $6.36 on Monday. It has a 52-week high of $15.65 and low of $6.25.</p>\n<p><b>Phreesia Inc</b>: Sold 23,613 shares of the healthcare software services company, representing about 0.013% of the ETF.</p>\n<p>Phreesia shares closed 2.59% lower at $51.53 on Monday the stock has a 52-week high of $81.59 and low of $18.</p>\n<p>Trades For <b>ArkInnovation ETF</b>:</p>\n<p><b>Unity Software Inc</b><b>U 0.81%</b><b>:</b>Bought 124,745 shares of the video game software development company, representing about 0.05% of the ETF.</p>\n<p>Unity shares closed 0.9% higher at $98 on Monday. It has a 52-week high of $174.94 and low of $65.11.</p>\n<p><b>10X Genomics Inc</b>: Bought 91,629 shares of the gene sequencing biotechnology company, representing about 0.07% of the ETF.</p>\n<p>10X shares closed 3.25% higher at $188.31 on Monday. It has a 52-week high of $201.70 and low of $62.70.</p>\n<p><b>Fate Therapeutics Inc:</b>Bought 139,699 shares of the cancer treatment development company, representing about 0.044% of the ETF.</p>\n<p>Fate shares closed 3.83% lower at $75 on Monday. It has a 52-week high of $121.16 and low of $25.60.</p>\n<p><b>Exact Sciences Corp</b>: Bought 33,361 shares of the molecular diagnostics company, representing about 0.017% of the ETF.</p>\n<p>Exact Sciences shares closed 0.48% lower at $124.94 on Monday. It has a 52-week high of $159.54 and low of $63.32.</p>\n<p><b>DraftKings Inc</b>: Bought 431,100 shares of the daily fantasy sports company, representing about 0.1% of the ETF.</p>\n<p>DraftKings shares closed 6.87% lower at $58.03 on Monday. It has a 52-week high of $74.38 and low of $13.60.</p>\n<p><b>Beam Therapeutics Inc</b>: Bought 277,900 shares of the advanced genetic medicines innovator company, representing about 0.078% of the ETF.</p>\n<p>Beam shares closed 2% lower at $68.82 on Monday. It has a 52-week high of $126.90 and low of $14.80.</p>\n<p><b>Square Inc</b>: Bought 86,800 shares of the mobile payment company, representing about 0.096% of the ETF.</p>\n<p>Square shares closed 1.43% higher at $265.20 on Monday. It has a 52-week high of $283.19 and low of $56.12.</p>\n<p>Trades for <b>ARK Autonomous Technology & Robotics ETF:</b></p>\n<p>J<b>aws Spitfire Acquisition Corp</b>: Bought 318,086 shares of the blank-check company, representing about 0.1% of the ETF.</p>\n<p>Jaws Spitfire shares closed 1.96% higher at $10.90 on Monday. It has a 52-week high of $12.10 and low of $9.95.</p>\n<p><b>Virgin Galactic Holdings Inc</b>: Bought 139,227 shares of the spaceflight company, representing about 0.1% of the ETF.</p>\n<p>Virgin Galactic shares closed 8.63% lower on Monday. It has a 52-week high of $62.80 and low of $14.21.</p>\n<p><b>Nano Dimension Ltd</b>: Bought 463,128 shares of the 3D printing company, representing about 0.0996% of the ETF.</p>\n<p>Nano Dimension shares closed 6.14% lower at $7.34 on Monday, and were up 4.2% in after-hours. The stock has a 52-week high of $17.89 and low of $0.65.</p>\n<p><b>JD.com</b><b>Inc</b>: Bought 33,700 shares of the Chinese online e-commerce company, representing about 0.0779% of the ETF.</p>\n<p>JD.comstock closed 2.19% lower at $78.65 on Monday. It has a 52-week high of $108.29 and low of $40.58.</p>\n<p><b>Iridium Communications Inc</b>: Bought 138,012 shares of the mobile<b>satellite communications</b>services, representing about 0.166% of the ETF.</p>\n<p>Iridium shares closed 5.80% lower at $40.46. The stock has a 52-week high of $54.65 and low of $19.18.</p>\n<p><b>3D Systems Corp</b>: Bought 263,667 shares of the printing engineering company, representing about 0.17% of the ETF.</p>\n<p>3D shares closed 7.28% lower at $22.16 on Monday and rose 0.63% in the after-hours. It has a 52-week high of $56.5 and low of $4.60.</p>\n<p><b>Deere & Co</b>: Sold 7,260 shares of farm equipment maker, representing about 0.08% of the ETF.</p>\n<p>Shares of the Moline, Illinois-based company closed 0.33% higher at $378.26 on Monday. It has a 52-week high of $392.42 and low of $117.85.</p>\n<p><b>Synopsys Inc</b>: Sold 34,418 shares of the electronic design automation company, representing about 0.26% of the ETF.</p>\n<p>Synopsys shares closed 1.45% lower at $258.05 on Monday. It has a 52-week high of $300.91 and low of $133.27.</p>\n<p><b>AeroVironment Inc</b>: Sold 11,566 shares in the California-headquartered defense contractor, representing about 0.4% of the ETF.</p>\n<p>AeroVironment stock closed 0.23% higher at $113.44 on Monday. It has a 52-week high of $143.72 and low of $53.15.</p>\n<p><b>Teradyne Inc</b>: Sold 53,065 shares of the equipment design and manufacturing company, representing about 0.2% of the ETF.</p>\n<p>Teradyne shares closed 1.98% lower at $130.43. The stock has a 52-week high of $147.90 and low of $56.42.</p>\n<p>T<b>aiwan Semiconductor Mfg. Co</b>: Sold 7,986 shares in the semiconductor manufacturing and design company, representing about 0.03% of the ETF.</p>\n<p>Taiwan Semiconductor stock closed 1.63% lower at $123.43 on Monday. It has a 52-week high of $142.20 and low of $47.96.</p>\n<p><i>See Also:</i>Docusign, LendingTree, And Velo3D's Rumored SPAC — What Cathie Wood's Ark Bought And Sold On Friday</p>\n<p>Trades For <b>ARK Next Generation Internet ETF:</b></p>\n<p><b>Zoom Video Communications Inc</b>ZM 0.35%: Bought 54,559 shares of the video calling company, representing about 0.25% of the ETF.</p>\n<p>Zoom stock closed 0.35% lower at $321.51 on Monday. It has a 52-week high of $588.84 and low of $125.60.</p>\n<p><b>Peloton Interactive Inc</b>: Bought 77,079 shares of the exercise bike maker company, representing about 0.13% of the ETF.</p>\n<p>Peloton shares closed 0.31% higher at $118.97 on Monday and were down 0.26% in the after-hours. It has a 52-week high of $171.09 and low of $28.46.</p>\n<p><b>LendingClub Corp</b>: Bought 102,719 shares of the peer-to-peer lending company, representing about 0.022% of the ETF.</p>\n<p>LendingClub stock closed 5.14% lower at $14.96 on Monday. It has a 52-week high of $22.68 and low of $4.32.</p>\n<p><b>DraftKings Inc</b>: Bought 30,100 shares of the daily fantasy sports company, representing about 0.02% of the ETF.</p>\n<p>DraftKings shares closed 6.87% lower at $58.03 on Monday. It has a 52-week high of $74.38 and low of $13.60.</p>\n<p><b>Atlassian Corp Plc</b>TEAM 2.33%: Sold 131,800 shares of the Australian software company, representing about 0.43% of the ETF.</p>\n<p>Atlassian shares closed 2.33% higher at $230.66 on Monday. It has a 52-week high of $262.40 and low of $134.76.</p>\n<p><b>LendingTree Inc</b>: Sold 4,502 shares of the online lending marketplace company, representing about 0.01% of the ETF.</p>\n<p>LendingTree stock closed 0.05% higher at $227.67 on Monday. It has a 52-week high of $372.64 and low of $175.01.</p>\n<p>Trades For<b>ArkSpace Exploration & Innovation ETF</b>ARKX 0.86%</p>\n<p><b>Virgin Galactic Holdings Inc</b>: Bought 97,100 shares of the spaceflight company, representing about 0.4% of the ETF.</p>\n<p>Virgin Galactic shares closed 8.63% lower on Monday. It has a 52-week high of $62.80 and low of $14.21.</p>\n<p><b>Reinvent Technology Partners</b>: Bought 55,163 shares of the blank-check company, representing 0.0867% of the ETF.</p>\n<p>Reinvent shares closed 0.39% lower at $10.11 on Monday and were up 0.59% in after-hours trading. The stock has a 52-week high of $17 and low of $9.86.</p>\n<p><b>Deere & Co</b>: Sold 10,240 shares of farm equipment maker, representing about 0.6% of the ETF.</p>\n<p>Shares of the Moline, Illinois-based company closed 0.33% higher at $378.26 on Monday. It has a 52-week high of $392.42 and low of $117.85.</p>\n<p><b>T</b><b>aiwan Semiconductor Mfg. Co</b>: Sold 22,569 shares in the semiconductor manufacturing and design company, representing about 0.41% of the ETF.</p>\n<p>The <b>Apple Inc</b> supplier's stock closed 1.63% lower at $123.43 on Monday. It has a 52-week high of $142.20 and low of $47.96.</p>\n<p><b>Garmin Ltd</b>: Sold 12,500 shares of the wearable technology company, representing about 0.27% of the ETF.</p>\n<p>Garmin shares closed 0.15% higher at $137.85 on Monday. The stock has a 52-week high of $138.43 and low of $76.02.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc.","TSLA":"特斯拉","ARKQ":"ARK Autonomous Technology & Robotics ETF","SQ":"Block","ARKK":"ARK Innovation ETF","ARKF":"ARK Fintech Innovation ETF","ARKG":"ARK Genomic Revolution ETF","PTON":"Peloton Interactive, Inc.","ARKO":"ARKO Corp"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119511370","content_text":"Cathie Wood-led Ark Investment Management on Monday bought in more shares of the electric vehicle company Workhorse Group Inc on a day the stock fell about 6% to $12.36, revealed a daily email showing the financial activity of the fund.\nThe Ark Space Exploration & InnovationETF, the company’snewestfund, added 128,400 shares of Workhorse, representing about 0.25% of the total weight of the ETF.\nThe ETF now owns 623,562 shares of the stock valued at $7.7 million and making up about 1.19% of the fund’s assets.\nThe space fund is mainly focused on companies developing technology around spaceflight but companies such as Workhorse and agricultural equipment maker Deere & Co have found their way into the ETF.\nThe investment firm’s daily trade disclosures sent every night to investors have in recent months caused certain stocks to see a spike in the after-hours session. Here’s a list of 37 more stocks that the hedge fund bought and sold on Monday.\nTrades ForArk Fintech Innovation ETF:\nOpendoor Technologies Inc: Bought 633,400 shares of the online real estate company, representing about 0.28% of the ETF.\nOpendoor shares closed 5.36% lower at $19.41 on Monday and were up 2% in the after-hours. It has a 52-week high of $39.24 and low of $10.55.\nSilvergate Capital Corp: Sold 65,349 shares of the bitcoin banking company, representing about 0.245% of the ETF.\nSilvergate Capital shares closed 0.09% lower at $162.84 on Monday and were further down 0.64% in after hours. The stock has a 52-week high of $187.86 and low of $9.50.\nTrades For Ark Genomic Revolution ETF:\nAdaptive Biotechnology Corp: Bought 179,500 shares of the life sciences company, representing about 0.0759% of the ETF.\nAdaptive shares closed 0.62% lower at $40.17 on Monday and were up 0.2% in the after-hours. It has a 52-week high of $71.25 and low of $24.27.\nBerkeley Lights Inc: Bought 45,956 shares of the company, representing about 0.023% of the ETF.\nBerkeley stock closed 0.85% higher at $47.64 on Monday. It has a 52-week high of $113.53 and low of $42.03.\n908 Devices Inc:Bought 6,603 shares of the purpose-built handheld and devices for chemical and biomolecular analysis company, representing about 0.0035% of the ETF.\n908 Devices stock closed 0.43% lower at $50.77 on Monday. It has a 52-week high of $79.60 and low of $38.88.\nRepare Therapeutics Inc: Bought 4,597 shares of the Canadian oncology company, representing about 0.0015% of the ETF.\nRepare stock closed 5.46% higher at $32.46 on Monday. It has a 52-week high of $46.44 and low of $21.45.\nSyros Pharmaceuticals Inc: Sold 401 shares of the biopharmaceutical company that focuses on the development of treatments for cancer and monogenic diseases.\nSyros stock closed 2.60% lower at $6.36 on Monday. It has a 52-week high of $15.65 and low of $6.25.\nPhreesia Inc: Sold 23,613 shares of the healthcare software services company, representing about 0.013% of the ETF.\nPhreesia shares closed 2.59% lower at $51.53 on Monday the stock has a 52-week high of $81.59 and low of $18.\nTrades For ArkInnovation ETF:\nUnity Software IncU 0.81%:Bought 124,745 shares of the video game software development company, representing about 0.05% of the ETF.\nUnity shares closed 0.9% higher at $98 on Monday. It has a 52-week high of $174.94 and low of $65.11.\n10X Genomics Inc: Bought 91,629 shares of the gene sequencing biotechnology company, representing about 0.07% of the ETF.\n10X shares closed 3.25% higher at $188.31 on Monday. It has a 52-week high of $201.70 and low of $62.70.\nFate Therapeutics Inc:Bought 139,699 shares of the cancer treatment development company, representing about 0.044% of the ETF.\nFate shares closed 3.83% lower at $75 on Monday. It has a 52-week high of $121.16 and low of $25.60.\nExact Sciences Corp: Bought 33,361 shares of the molecular diagnostics company, representing about 0.017% of the ETF.\nExact Sciences shares closed 0.48% lower at $124.94 on Monday. It has a 52-week high of $159.54 and low of $63.32.\nDraftKings Inc: Bought 431,100 shares of the daily fantasy sports company, representing about 0.1% of the ETF.\nDraftKings shares closed 6.87% lower at $58.03 on Monday. It has a 52-week high of $74.38 and low of $13.60.\nBeam Therapeutics Inc: Bought 277,900 shares of the advanced genetic medicines innovator company, representing about 0.078% of the ETF.\nBeam shares closed 2% lower at $68.82 on Monday. It has a 52-week high of $126.90 and low of $14.80.\nSquare Inc: Bought 86,800 shares of the mobile payment company, representing about 0.096% of the ETF.\nSquare shares closed 1.43% higher at $265.20 on Monday. It has a 52-week high of $283.19 and low of $56.12.\nTrades for ARK Autonomous Technology & Robotics ETF:\nJaws Spitfire Acquisition Corp: Bought 318,086 shares of the blank-check company, representing about 0.1% of the ETF.\nJaws Spitfire shares closed 1.96% higher at $10.90 on Monday. It has a 52-week high of $12.10 and low of $9.95.\nVirgin Galactic Holdings Inc: Bought 139,227 shares of the spaceflight company, representing about 0.1% of the ETF.\nVirgin Galactic shares closed 8.63% lower on Monday. It has a 52-week high of $62.80 and low of $14.21.\nNano Dimension Ltd: Bought 463,128 shares of the 3D printing company, representing about 0.0996% of the ETF.\nNano Dimension shares closed 6.14% lower at $7.34 on Monday, and were up 4.2% in after-hours. The stock has a 52-week high of $17.89 and low of $0.65.\nJD.comInc: Bought 33,700 shares of the Chinese online e-commerce company, representing about 0.0779% of the ETF.\nJD.comstock closed 2.19% lower at $78.65 on Monday. It has a 52-week high of $108.29 and low of $40.58.\nIridium Communications Inc: Bought 138,012 shares of the mobilesatellite communicationsservices, representing about 0.166% of the ETF.\nIridium shares closed 5.80% lower at $40.46. The stock has a 52-week high of $54.65 and low of $19.18.\n3D Systems Corp: Bought 263,667 shares of the printing engineering company, representing about 0.17% of the ETF.\n3D shares closed 7.28% lower at $22.16 on Monday and rose 0.63% in the after-hours. It has a 52-week high of $56.5 and low of $4.60.\nDeere & Co: Sold 7,260 shares of farm equipment maker, representing about 0.08% of the ETF.\nShares of the Moline, Illinois-based company closed 0.33% higher at $378.26 on Monday. It has a 52-week high of $392.42 and low of $117.85.\nSynopsys Inc: Sold 34,418 shares of the electronic design automation company, representing about 0.26% of the ETF.\nSynopsys shares closed 1.45% lower at $258.05 on Monday. It has a 52-week high of $300.91 and low of $133.27.\nAeroVironment Inc: Sold 11,566 shares in the California-headquartered defense contractor, representing about 0.4% of the ETF.\nAeroVironment stock closed 0.23% higher at $113.44 on Monday. It has a 52-week high of $143.72 and low of $53.15.\nTeradyne Inc: Sold 53,065 shares of the equipment design and manufacturing company, representing about 0.2% of the ETF.\nTeradyne shares closed 1.98% lower at $130.43. The stock has a 52-week high of $147.90 and low of $56.42.\nTaiwan Semiconductor Mfg. Co: Sold 7,986 shares in the semiconductor manufacturing and design company, representing about 0.03% of the ETF.\nTaiwan Semiconductor stock closed 1.63% lower at $123.43 on Monday. It has a 52-week high of $142.20 and low of $47.96.\nSee Also:Docusign, LendingTree, And Velo3D's Rumored SPAC — What Cathie Wood's Ark Bought And Sold On Friday\nTrades For ARK Next Generation Internet ETF:\nZoom Video Communications IncZM 0.35%: Bought 54,559 shares of the video calling company, representing about 0.25% of the ETF.\nZoom stock closed 0.35% lower at $321.51 on Monday. It has a 52-week high of $588.84 and low of $125.60.\nPeloton Interactive Inc: Bought 77,079 shares of the exercise bike maker company, representing about 0.13% of the ETF.\nPeloton shares closed 0.31% higher at $118.97 on Monday and were down 0.26% in the after-hours. It has a 52-week high of $171.09 and low of $28.46.\nLendingClub Corp: Bought 102,719 shares of the peer-to-peer lending company, representing about 0.022% of the ETF.\nLendingClub stock closed 5.14% lower at $14.96 on Monday. It has a 52-week high of $22.68 and low of $4.32.\nDraftKings Inc: Bought 30,100 shares of the daily fantasy sports company, representing about 0.02% of the ETF.\nDraftKings shares closed 6.87% lower at $58.03 on Monday. It has a 52-week high of $74.38 and low of $13.60.\nAtlassian Corp PlcTEAM 2.33%: Sold 131,800 shares of the Australian software company, representing about 0.43% of the ETF.\nAtlassian shares closed 2.33% higher at $230.66 on Monday. It has a 52-week high of $262.40 and low of $134.76.\nLendingTree Inc: Sold 4,502 shares of the online lending marketplace company, representing about 0.01% of the ETF.\nLendingTree stock closed 0.05% higher at $227.67 on Monday. It has a 52-week high of $372.64 and low of $175.01.\nTrades ForArkSpace Exploration & Innovation ETFARKX 0.86%\nVirgin Galactic Holdings Inc: Bought 97,100 shares of the spaceflight company, representing about 0.4% of the ETF.\nVirgin Galactic shares closed 8.63% lower on Monday. It has a 52-week high of $62.80 and low of $14.21.\nReinvent Technology Partners: Bought 55,163 shares of the blank-check company, representing 0.0867% of the ETF.\nReinvent shares closed 0.39% lower at $10.11 on Monday and were up 0.59% in after-hours trading. The stock has a 52-week high of $17 and low of $9.86.\nDeere & Co: Sold 10,240 shares of farm equipment maker, representing about 0.6% of the ETF.\nShares of the Moline, Illinois-based company closed 0.33% higher at $378.26 on Monday. It has a 52-week high of $392.42 and low of $117.85.\nTaiwan Semiconductor Mfg. Co: Sold 22,569 shares in the semiconductor manufacturing and design company, representing about 0.41% of the ETF.\nThe Apple Inc supplier's stock closed 1.63% lower at $123.43 on Monday. It has a 52-week high of $142.20 and low of $47.96.\nGarmin Ltd: Sold 12,500 shares of the wearable technology company, representing about 0.27% of the ETF.\nGarmin shares closed 0.15% higher at $137.85 on Monday. 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