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2021-10-29

$Merck(MRK)$Nice

2021-10-22

$Phunware, Inc.(PHUN)$Let’s goooo

2021-10-15

$ZIM Integrated Shipping Services Ltd.(ZIM)$Can’t stop the zimzam

2021-10-15

$Walt Disney(DIS)$Disneyland plz open

2021-09-30

F to pay respect

2021-04-14

[呆住] [财迷]

Grab's not yet profitable, but investors may give it 'leeway' to invest in new growth areas, analysts say

2021-02-19

[微笑]

2021-02-19

[流泪] [流泪] [流泪] [流泪]

As U.S. bond yields march higher, when should stock investors get worried?

2021-02-19

[微笑]

China's blue-chip index retreats from record high on policy tightening worries

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href=\"https://laohu8.com/S/MRK\">$Merck(MRK)$</a>Nice","listText":"<a href=\"https://laohu8.com/S/MRK\">$Merck(MRK)$</a>Nice","text":"$Merck(MRK)$Nice","images":[{"img":"https://static.tigerbbs.com/24e932dfd288a2288d70c266e5f39e71","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857159183","isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":851825594,"gmtCreate":1634894166890,"gmtModify":1634896822837,"author":{"id":"3574493331025980","authorId":"3574493331025980","name":"55fe53db","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PHUN\">$Phunware, Inc.(PHUN)$</a>Let’s goooo","listText":"<a href=\"https://laohu8.com/S/PHUN\">$Phunware, Inc.(PHUN)$</a>Let’s goooo","text":"$Phunware, Inc.(PHUN)$Let’s goooo","images":[{"img":"https://static.tigerbbs.com/0c6d8fe374397278c588abd3288fe633","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/851825594","isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":825248367,"gmtCreate":1634236911430,"gmtModify":1634236911555,"author":{"id":"3574493331025980","authorId":"3574493331025980","name":"55fe53db","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ZIM\">$ZIM Integrated Shipping Services Ltd.(ZIM)$</a>Can’t stop the zimzam","listText":"<a href=\"https://laohu8.com/S/ZIM\">$ZIM Integrated Shipping Services Ltd.(ZIM)$</a>Can’t stop the 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respect","images":[{"img":"https://static.tigerbbs.com/89a49f927521616d45752ca7d981561a","width":"1125","height":"3928"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865705776","isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":344220594,"gmtCreate":1618410985818,"gmtModify":1634293119516,"author":{"id":"3574493331025980","authorId":"3574493331025980","name":"55fe53db","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[呆住]&nbsp;[财迷]&nbsp;","listText":"[呆住]&nbsp;[财迷]&nbsp;","text":"[呆住] [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/344220594","repostId":"1157656344","repostType":4,"repost":{"id":"1157656344","pubTimestamp":1618394079,"share":"https://www.laohu8.com/m/news/1157656344?lang=&edition=full","pubTime":"2021-04-14 17:54","market":"sg","language":"en","title":"Grab's not yet profitable, but investors may give it 'leeway' to invest in new growth areas, analysts say","url":"https://stock-news.laohu8.com/highlight/detail?id=1157656344","media":"cnbc","summary":"KEY POINTS\n\nGrab on Tuesday announced it will go public through a SPAC merger with Altimeter Growth ","content":"<div>\n<p>KEY POINTS\n\nGrab on Tuesday announced it will go public through a SPAC merger with Altimeter Growth Corp., in a deal that will value the ride-hailing company at $39.6 billion.\nThe company as a whole ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/grab-spac-listing-analysts-discuss-growth-and-profitability.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab's not yet profitable, but investors may give it 'leeway' to invest in new growth areas, analysts say</title>\n<style 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}\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\">\nGrab's not yet profitable, but investors may give it 'leeway' to invest in new growth areas, analysts say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 17:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/14/grab-spac-listing-analysts-discuss-growth-and-profitability.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGrab on Tuesday announced it will go public through a SPAC merger with Altimeter Growth Corp., in a deal that will value the ride-hailing company at $39.6 billion.\nThe company as a whole ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/grab-spac-listing-analysts-discuss-growth-and-profitability.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/04/14/grab-spac-listing-analysts-discuss-growth-and-profitability.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1157656344","content_text":"KEY POINTS\n\nGrab on Tuesday announced it will go public through a SPAC merger with Altimeter Growth Corp., in a deal that will value the ride-hailing company at $39.6 billion.\nThe company as a whole is still not profitable — it lost $800 million in 2020 on an EBITDA basis and projected a $600 million loss for this year, according to regulatory filing.\nBut the market is likely to give the company some leeway to invest in new products and categories, according to D.A. Davidson analyst Tom White.\n\nSINGAPORE — Investors will be keeping a close eye on when Grab will turn profitable after itsrecord-breaking SPAC listing, according to Tom White, senior research analyst at D.A. Davidson.\n\"There's obviously a growing scrutiny from investors about a path to profitability,\" White told CNBC's \"Squawk Box Asia\" on Wednesday. But there has been a shift in investor sentiment from a singular focus on growth and market share gains to a more balanced approach, he said.\nWhile still focused on breaking even, investorswill likely also give the Southeast Asian ride-hailing firm more leeway to invest in new product categories, said White.\nSingapore-headquartered Grab announced on Tuesday it will go public through a SPAC merger with Altimeter Growth Corp.— a deal set to value the ride-hailing company at $39.6 billion. It was the world’s largest blank-check merger involving special purpose acquisition companies, which are set up to raise money to buy over private companies such as Grab.\nPath to profitability\nGrab as a whole is still not profitable. It lost $800 million in 2020 on an EBITDA basis and projected a $600 million loss for this year,according to a regulatory filing.\nEBITDA — a measure of overall financial health for a business — stands for earnings before interest, taxes, depreciation and amortization. It is acommon earnings metric used by tech companies even though seasoned investors are skeptical about it.\nGrab said EBITDA for its transport segment turned positive since the fourth quarter of 2019. Adjusted net revenue last year came in at $1.6 billion and is projected to jump to $4.5 billion in 2023 — Grab predicted it might generate $500 million of EBITDA in two years.\n“They do have, I think, a nice story to tell when you look at the two core segments,” said White, who also covers other online ride hailing and delivery apps likeUberandDoorDash.\n“All their markets in ride sharing are at least EBITDA profitable, so, presumably, not burning cash. Five out of the six markets for food delivery are EBITDA profitable as well,” he said.\n“Grab, I think, is going to be given a fair bit of leeway from the market to invest in new adjacencies, new categories, new products, given how well they’ve executed in the two legacy offerings,” White added.\nBuilding up scale\nLoss-making is a function of trying to acquire market share, said Sachin Mittal, a senior vice president at Singapore’s DBS Bank. That’s especially so given the current market environment where cheap capital is readily available, and can help companies build scale and lower costs, he added.\n“So you have to be that player who kind of gains the market leadership, builds up scale, lowers the cost —and ultimately, when the money is not so cheap, that is when you can be profitable instantly because you’ve built that scale,” he told CNBC’s “Street Signs Asia.”\nMittal added that investors may also be attracted enough to pay a premium for Grab’s market dominancein areas like food delivery. Investing in the stock would also expose them to the financial technology scene in Southeast Asia, he said.\nOne of Grab’s key business is the financial services segment, which includes digital payments, lending, insurance, digital banking and wealth management.\nThe company has yet to prove its market leadership in fintech — unlike in ride-sharing and food delivery —and this segment will likely be a high-growth, cash-burning business in the near term, according to Mittal.\n“Hence, this whole listing will raise funds and those funds can be deployed towards fintech,” he said.\nAs part of the SPAC merger, SoftBank-backed Grab will receive about $4.5 billion in cash, which includes $4 billion in a private investment in public equity arrangement, managed by BlackRock, Fidelity, T. Rowe Price, Morgan Stanley’s Counterpoint Global fund and Singapore state investor Temasek.","news_type":1},"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":387121560,"gmtCreate":1613729120650,"gmtModify":1634552474674,"author":{"id":"3574493331025980","authorId":"3574493331025980","name":"55fe53db","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[{"img":"https://static.tigerbbs.com/44ea1607563f6eebfd0efa605a59146b","width":"1125","height":"3527"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/387121560","isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":384446255,"gmtCreate":1613674565077,"gmtModify":1634552683423,"author":{"id":"3574493331025980","authorId":"3574493331025980","name":"55fe53db","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[流泪]&nbsp;[流泪]&nbsp;[流泪]&nbsp;[流泪]&nbsp;","listText":"[流泪]&nbsp;[流泪]&nbsp;[流泪]&nbsp;[流泪]&nbsp;","text":"[流泪] [流泪] [流泪] [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384446255","repostId":"1198406125","repostType":4,"repost":{"id":"1198406125","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":1613630093,"share":"https://www.laohu8.com/m/news/1198406125?lang=&edition=full","pubTime":"2021-02-18 14:34","market":"us","language":"en","title":"As U.S. bond yields march higher, when should stock investors get worried?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198406125","media":"Reuters","summary":"NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a ye","content":"<p>NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&amp;P 500 gain 76% from its March 2020 nadir.</p>\n<p>Bond yields plummeted to record lows after the Federal Reserve cut rates to near-zero in the early days of the coronavirus pandemic, driving money into stocks as investors preached TINA, an acronym for “there is no alternative.”</p>\n<p>With the 10-year yield hovering around 1.3%, that calculus could change for some investors, though there is little consensus on where that tipping point could be.</p>\n<p>A quick jump up in yields “is something that certainly poses a significant risk,” said Padhraic Garvey, head of research, Americas at ING.</p>\n<p>“What we don’t want to see in the very near term is (the 10-year yield) hitting 1.40%, 1.50% and still looking up,” he said, noting it could make equities seem less attractive than safe-haven Treasuries.</p>\n<p>Yields and stocks have risen together over the past year, on optimism that fiscal and monetary stimulus combined with a country-wide vaccination program will drag the U.S. economy out of its pandemic-induced downturn.</p>\n<p>But stocks could start losing their allure if the 10-year yield hit 2%, analysts at JPMorgan said. They expect, however, the 10-year will finish the year at 1.45%.</p>\n<p>“We believe that bond yields are likely to move higher from here, and that the move should be absorbed well by the equity market,” the bank’s analysts wrote in a note earlier this week.</p>\n<p>Citigroup put the tipping point for the 10-year at 1.7%, while Nomura said a 1.5% yield could spark a correction of as much as 8% in stocks.</p>\n<p>Higher yields could be a particular concern if they start to hit the big technology and communications stocks that powered markets higher for much of the last year. Tech and other growth stocks with longer duration cash flows are more sensitive to rising yields as those flows are discounted at higher rates.</p>\n<p>The five largest companies in the S&amp;P 500 by market value - Apple, Microsoft, Amazon, Alphabet and Facebook - account for about 22% of the weight of the benchmark index.</p>\n<p>Still, the equity risk premium, which compares the earnings yield on stocks to the yield on the 10-year Treasury bond, currently favors equities, according to Keith Lerner, chief market strategist at Truist Advisory Services.</p>\n<p>When the equity risk premium historically has been at the level it was on Tuesday, the S&amp;P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.</p>\n<p>“If the (earnings) rebound is as strong as is anticipated, then that would bolster the case for stocks,” Lerner said. (Reporting by Kate Duguid and Lewis Krauskopf; Additional reporting by Karen Brettell; Editing by Ira Iosebashvili and Richard Pullin)</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>As U.S. bond yields march higher, when should stock investors get worried?</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\">\nAs U.S. bond yields march higher, when should stock investors get worried?\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\">2021-02-18 14:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&amp;P 500 gain 76% from its March 2020 nadir.</p>\n<p>Bond yields plummeted to record lows after the Federal Reserve cut rates to near-zero in the early days of the coronavirus pandemic, driving money into stocks as investors preached TINA, an acronym for “there is no alternative.”</p>\n<p>With the 10-year yield hovering around 1.3%, that calculus could change for some investors, though there is little consensus on where that tipping point could be.</p>\n<p>A quick jump up in yields “is something that certainly poses a significant risk,” said Padhraic Garvey, head of research, Americas at ING.</p>\n<p>“What we don’t want to see in the very near term is (the 10-year yield) hitting 1.40%, 1.50% and still looking up,” he said, noting it could make equities seem less attractive than safe-haven Treasuries.</p>\n<p>Yields and stocks have risen together over the past year, on optimism that fiscal and monetary stimulus combined with a country-wide vaccination program will drag the U.S. economy out of its pandemic-induced downturn.</p>\n<p>But stocks could start losing their allure if the 10-year yield hit 2%, analysts at JPMorgan said. They expect, however, the 10-year will finish the year at 1.45%.</p>\n<p>“We believe that bond yields are likely to move higher from here, and that the move should be absorbed well by the equity market,” the bank’s analysts wrote in a note earlier this week.</p>\n<p>Citigroup put the tipping point for the 10-year at 1.7%, while Nomura said a 1.5% yield could spark a correction of as much as 8% in stocks.</p>\n<p>Higher yields could be a particular concern if they start to hit the big technology and communications stocks that powered markets higher for much of the last year. Tech and other growth stocks with longer duration cash flows are more sensitive to rising yields as those flows are discounted at higher rates.</p>\n<p>The five largest companies in the S&amp;P 500 by market value - Apple, Microsoft, Amazon, Alphabet and Facebook - account for about 22% of the weight of the benchmark index.</p>\n<p>Still, the equity risk premium, which compares the earnings yield on stocks to the yield on the 10-year Treasury bond, currently favors equities, according to Keith Lerner, chief market strategist at Truist Advisory Services.</p>\n<p>When the equity risk premium historically has been at the level it was on Tuesday, the S&amp;P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.</p>\n<p>“If the (earnings) rebound is as strong as is anticipated, then that would bolster the case for stocks,” Lerner said. (Reporting by Kate Duguid and Lewis Krauskopf; Additional reporting by Karen Brettell; Editing by Ira Iosebashvili and Richard Pullin)</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":"1198406125","content_text":"NEW YORK, Feb 18 (Reuters) - As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&P 500 gain 76% from its March 2020 nadir.\nBond yields plummeted to record lows after the Federal Reserve cut rates to near-zero in the early days of the coronavirus pandemic, driving money into stocks as investors preached TINA, an acronym for “there is no alternative.”\nWith the 10-year yield hovering around 1.3%, that calculus could change for some investors, though there is little consensus on where that tipping point could be.\nA quick jump up in yields “is something that certainly poses a significant risk,” said Padhraic Garvey, head of research, Americas at ING.\n“What we don’t want to see in the very near term is (the 10-year yield) hitting 1.40%, 1.50% and still looking up,” he said, noting it could make equities seem less attractive than safe-haven Treasuries.\nYields and stocks have risen together over the past year, on optimism that fiscal and monetary stimulus combined with a country-wide vaccination program will drag the U.S. economy out of its pandemic-induced downturn.\nBut stocks could start losing their allure if the 10-year yield hit 2%, analysts at JPMorgan said. They expect, however, the 10-year will finish the year at 1.45%.\n“We believe that bond yields are likely to move higher from here, and that the move should be absorbed well by the equity market,” the bank’s analysts wrote in a note earlier this week.\nCitigroup put the tipping point for the 10-year at 1.7%, while Nomura said a 1.5% yield could spark a correction of as much as 8% in stocks.\nHigher yields could be a particular concern if they start to hit the big technology and communications stocks that powered markets higher for much of the last year. Tech and other growth stocks with longer duration cash flows are more sensitive to rising yields as those flows are discounted at higher rates.\nThe five largest companies in the S&P 500 by market value - Apple, Microsoft, Amazon, Alphabet and Facebook - account for about 22% of the weight of the benchmark index.\nStill, the equity risk premium, which compares the earnings yield on stocks to the yield on the 10-year Treasury bond, currently favors equities, according to Keith Lerner, chief market strategist at Truist Advisory Services.\nWhen the equity risk premium historically has been at the level it was on Tuesday, the S&P 500 has beaten the one-year return for the 10-year Treasury note by an average of 3.5%, according to Lerner.\n“If the (earnings) rebound is as strong as is anticipated, then that would bolster the case for stocks,” Lerner said. (Reporting by Kate Duguid and Lewis Krauskopf; Additional reporting by Karen Brettell; Editing by Ira Iosebashvili and Richard Pullin)","news_type":1},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384446644,"gmtCreate":1613674543688,"gmtModify":1634552683544,"author":{"id":"3574493331025980","authorId":"3574493331025980","name":"55fe53db","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384446644","repostId":"1159489688","repostType":4,"repost":{"id":"1159489688","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":1613635299,"share":"https://www.laohu8.com/m/news/1159489688?lang=&edition=full","pubTime":"2021-02-18 16:01","market":"sh","language":"en","title":"China's blue-chip index retreats from record high on policy tightening worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1159489688","media":"Reuters","summary":"SHANGHAI, Feb 18 (Reuters) - China’s blue-chip index ended lower after scaling an all-time high on T","content":"<p>SHANGHAI, Feb 18 (Reuters) - China’s blue-chip index ended lower after scaling an all-time high on Thursday, the first trading session after a week-long Lunar New Year holiday, on worries over policy tightening and lofty valuations.</p><p>The blue-chip CSI300 index climbed as much as 2.1% to an all-time high of 5,930.9, before closing down 0.7% at 5,768.38, while the Shanghai Composite Index rose 0.6% to 3,675.36.</p><p>The tech-heavy start-up board ChiNext fell 2.7%, while Shanghai’s STAR50 index shed 0.5%.</p><p>Among sectors, the CSI300 consumer staples index and the CSI300 healthcare index fell the most, dropping 3.8% and 4.3%, respectively.</p><p>Analysts and traders said the market’s focus is now on liquidity conditions, which could impact risk appetite.</p><p>The People’s Bank of China injected another 20 billion yuan on Thursday via reverse repos, while 280 billion yuan worth of a similar liquidity tool was set to expire on the same day.</p><p>“We believe that several recent developments during the Chinese New Year have made monetary policy tightening more likely in the coming months,” Zhiwei Zhang, chief economist at Pinpoint Asset Management, noted in a report.</p><p>Zhang said the developments included a potential larger-than-expected U.S. fiscal stimulus, the success in the fight against the pandemic, and positive high-frequency data on economic activities during the holiday.</p><p>Worries over valuations also contributed to the fall in high-flying sectors, including consumer, healthcare and new energy firms.</p><p>“Institutional investors had already began to cut exposure, after stellar gains that had pushed valuations of some sectors to lofty levels,” said Hu Yunlong, chief investment officer at Beijing Kaixing Asset Management Company.</p><p>“For now, investors tend to rebalance their allocations and shift towards sectors with low valuations, like banking and securities firms.”</p><p>Bucking the broad weakness, the CSI300 financials index gained 2%, while the CSI300 energy index jumped 5.8% on oil price gains. (Reporting by Luoyan Liu and Brenda Goh; Editing by Subhranshu Sahu)</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>China's blue-chip index retreats from record high on policy tightening worries</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\">\nChina's blue-chip index retreats from record high on policy tightening worries\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\">2021-02-18 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, Feb 18 (Reuters) - China’s blue-chip index ended lower after scaling an all-time high on Thursday, the first trading session after a week-long Lunar New Year holiday, on worries over policy tightening and lofty valuations.</p><p>The blue-chip CSI300 index climbed as much as 2.1% to an all-time high of 5,930.9, before closing down 0.7% at 5,768.38, while the Shanghai Composite Index rose 0.6% to 3,675.36.</p><p>The tech-heavy start-up board ChiNext fell 2.7%, while Shanghai’s STAR50 index shed 0.5%.</p><p>Among sectors, the CSI300 consumer staples index and the CSI300 healthcare index fell the most, dropping 3.8% and 4.3%, respectively.</p><p>Analysts and traders said the market’s focus is now on liquidity conditions, which could impact risk appetite.</p><p>The People’s Bank of China injected another 20 billion yuan on Thursday via reverse repos, while 280 billion yuan worth of a similar liquidity tool was set to expire on the same day.</p><p>“We believe that several recent developments during the Chinese New Year have made monetary policy tightening more likely in the coming months,” Zhiwei Zhang, chief economist at Pinpoint Asset Management, noted in a report.</p><p>Zhang said the developments included a potential larger-than-expected U.S. fiscal stimulus, the success in the fight against the pandemic, and positive high-frequency data on economic activities during the holiday.</p><p>Worries over valuations also contributed to the fall in high-flying sectors, including consumer, healthcare and new energy firms.</p><p>“Institutional investors had already began to cut exposure, after stellar gains that had pushed valuations of some sectors to lofty levels,” said Hu Yunlong, chief investment officer at Beijing Kaixing Asset Management Company.</p><p>“For now, investors tend to rebalance their allocations and shift towards sectors with low valuations, like banking and securities firms.”</p><p>Bucking the broad weakness, the CSI300 financials index gained 2%, while the CSI300 energy index jumped 5.8% on oil price gains. (Reporting by Luoyan Liu and Brenda Goh; Editing by Subhranshu Sahu)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159489688","content_text":"SHANGHAI, Feb 18 (Reuters) - China’s blue-chip index ended lower after scaling an all-time high on Thursday, the first trading session after a week-long Lunar New Year holiday, on worries over policy tightening and lofty valuations.The blue-chip CSI300 index climbed as much as 2.1% to an all-time high of 5,930.9, before closing down 0.7% at 5,768.38, while the Shanghai Composite Index rose 0.6% to 3,675.36.The tech-heavy start-up board ChiNext fell 2.7%, while Shanghai’s STAR50 index shed 0.5%.Among sectors, the CSI300 consumer staples index and the CSI300 healthcare index fell the most, dropping 3.8% and 4.3%, respectively.Analysts and traders said the market’s focus is now on liquidity conditions, which could impact risk appetite.The People’s Bank of China injected another 20 billion yuan on Thursday via reverse repos, while 280 billion yuan worth of a similar liquidity tool was set to expire on the same day.“We believe that several recent developments during the Chinese New Year have made monetary policy tightening more likely in the coming months,” Zhiwei Zhang, chief economist at Pinpoint Asset Management, noted in a report.Zhang said the developments included a potential larger-than-expected U.S. fiscal stimulus, the success in the fight against the pandemic, and positive high-frequency data on economic activities during the holiday.Worries over valuations also contributed to the fall in high-flying sectors, including consumer, healthcare and new energy firms.“Institutional investors had already began to cut exposure, after stellar gains that had pushed valuations of some sectors to lofty levels,” said Hu Yunlong, chief investment officer at Beijing Kaixing Asset Management Company.“For now, investors tend to rebalance their allocations and shift towards sectors with low valuations, like banking and securities firms.”Bucking the broad weakness, the CSI300 financials index gained 2%, while the CSI300 energy index jumped 5.8% on oil price gains. (Reporting by Luoyan Liu and Brenda Goh; Editing by Subhranshu Sahu)","news_type":1},"isVote":1,"tweetType":1,"viewCount":548,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":851825594,"gmtCreate":1634894166890,"gmtModify":1634896822837,"author":{"id":"3574493331025980","authorId":"3574493331025980","name":"55fe53db","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PHUN\">$Phunware, Inc.(PHUN)$</a>Let’s goooo","listText":"<a href=\"https://laohu8.com/S/PHUN\">$Phunware, Inc.(PHUN)$</a>Let’s goooo","text":"$Phunware, Inc.(PHUN)$Let’s 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