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2021-03-15

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China asks Alibaba to curtail media assets - WSJ

2021-03-15

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One Bank Made Big Bets on Apple, Tesla, Nio, and Other EV Stocks

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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":1615812150,"share":"https://www.laohu8.com/m/news/2119917298?lang=&edition=full","pubTime":"2021-03-15 20:42","market":"us","language":"en","title":"China asks Alibaba to curtail media assets - WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2119917298","media":"Reuters","summary":"March 15  - China's government has asked Alibaba Group Holding Ltd     to dispose of its media assets, the Wall Street Journal reported on Monday, citing people familiar with the matter.Discussions over the matter have been held since early this year, the report said, adding that officials were shocked at how expansive Alibaba's media interests have become. 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()</p><p>The company, whose mainstay business is online retail, has stakes in the <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>-like Weibo platform and several news outlets including the South China Morning Post.</p><p>Such influence is seen as posing serious challenges to the Chinese Communist Party and its own powerful propaganda apparatus, the Journal's sources were quoted as saying.</p><p>Alibaba did not immediately respond to Reuters' request for comment.</p><p>(Reporting by Akanksha Rana in Bengaluru; Editing by Ramakrishnan M.)</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 asks Alibaba to curtail media assets - WSJ</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 asks Alibaba to curtail media assets - WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-15 20:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 15 (Reuters) - China's government has asked Alibaba Group Holding Ltd     to dispose of its media assets, the Wall Street Journal reported on Monday, citing people familiar with the matter.</p><p>Discussions over the matter have been held since early this year, the report said, adding that officials were shocked at how expansive Alibaba's media interests have become. ()</p><p>The company, whose mainstay business is online retail, has stakes in the <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>-like Weibo platform and several news outlets including the South China Morning Post.</p><p>Such influence is seen as posing serious challenges to the Chinese Communist Party and its own powerful propaganda apparatus, the Journal's sources were quoted as saying.</p><p>Alibaba did not immediately respond to Reuters' request for comment.</p><p>(Reporting by Akanksha Rana in Bengaluru; Editing by Ramakrishnan M.)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴","QNETCN":"纳斯达克中美互联网老虎指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119917298","content_text":"March 15 (Reuters) - China's government has asked Alibaba Group Holding Ltd     to dispose of its media assets, the Wall Street Journal reported on Monday, citing people familiar with the matter.Discussions over the matter have been held since early this year, the report said, adding that officials were shocked at how expansive Alibaba's media interests have become. ()The company, whose mainstay business is online retail, has stakes in the Twitter-like Weibo platform and several news outlets including the South China Morning Post.Such influence is seen as posing serious challenges to the Chinese Communist Party and its own powerful propaganda apparatus, the Journal's sources were quoted as saying.Alibaba did not immediately respond to Reuters' request for comment.(Reporting by Akanksha Rana in Bengaluru; Editing by Ramakrishnan M.)","news_type":1},"isVote":1,"tweetType":1,"viewCount":683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":322240928,"gmtCreate":1615813147564,"gmtModify":1703493378061,"author":{"id":"3575029983352498","authorId":"3575029983352498","name":"dave21","avatar":"https://static.tigerbbs.com/a47ccbd15314f126f07288aa2a5d952e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[强]&nbsp;","listText":"[强]&nbsp;","text":"[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/322240928","repostId":"1153600572","repostType":2,"repost":{"id":"1153600572","pubTimestamp":1615770615,"share":"https://www.laohu8.com/m/news/1153600572?lang=&edition=full","pubTime":"2021-03-15 09:10","market":"us","language":"en","title":"One Bank Made Big Bets on Apple, Tesla, Nio, and Other EV Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1153600572","media":"Barrons","summary":"The central bank of Norway drastically increased investments in the maker of iPhones, and in shares ","content":"<p>The central bank of Norway drastically increased investments in the maker of iPhones, and in shares of the makers of electric vehicles as 2020 wound down.</p>\n<p>In the fourth quarter, Norges Bank, which administers theworld’s largest sovereign-wealth fund, bought shares of&nbsp;Apple(ticker: AAPL),Tesla(TSLA),NIO(NIO),Nikola(NKLA),Li Auto(LI),Xpeng(XPEV), and&nbsp;Fisker(FSR). The latter four investments represent new holdings for the bank.</p>\n<p>Norges disclosed the stock trades, among others, ina form it filedwith the Securities and Exchange Commission. It declined to comment on the investment changes.</p>\n<p>Itslatest balance sheet, covering January, shows the bank had $1.36 trillion of assets, including the $1.27 trillion in assets of the Government Pension Fund Global, as the country’s sovereign-wealth fund is known.</p>\n<p>Norges bought 120.2 million more Apple shares in the fourth quarter, lifting its investment to 167.6 million. The Apple investment was the bank’smost valuable equity holdingas of the end of 2020, according to Norges’ annual report.</p>\n<p>Apple stock soared 80.8% in 2020, but it has slipped 8.8% so far in 2021 through Friday’s close. In comparison, theS&amp;P 500 index,a measure of the broader market, rose 16.3% in 2020, and is up 5% year to date.</p>\n<p><b>EDITOR'S CHOICE</b></p>\n<p>Apple stock, along with those of the EV makers, has been hammered in recent weeks byhigher bond yields, which create an environment hostile to tech and growth stocks. Indeed,demand for the iPhone 12has been strong, and investors are looking forward to the next model.<i>Barron’s</i>has noted that Apple’s dividend yield isn’t that enticing, but the company has beenincreasing the payoutsat an impressive rate.</p>\n<p>Norges bought 6.9 million more Tesla shares in the quarter to end the year with 7.8 million shares of the electric-vehicle giant. Tesla stock rocketed more than eight times in value last year, but it has veered to a 1.7% loss so far in 2021.</p>\n<p>Tesla disclosed in February that itbought $1.5 billionof Bitcoin and intended to accept payments in the cryptocurrency. Tesla is known for its cars, but its operations in software, backup battery power, solar panels, and insuranceare also valuable, as are its plans for robotaxis. TheARK Innovationexchange-traded fund had a spectacular 2020, partly because of its holdings in Tesla stock, but isseeing a muted performance this year, as well.</p>\n<p>The bank bought 13.4 million NIO American depositary receipts in the fourth quarter, raising the investment to 13.7 million ADRs of the Chinese maker of EV vehicles.</p>\n<p>NIO ADRs topped Tesla stock’s performance in 2020, surging more than 12 times in value. So far this year, NIO ADRs are 6.6% lower.</p>\n<p>After large runups in their shares, NIO and the other Chinese EV makers have been caught up in the broader downturn for growth stocks,sending their ADRs tumbling. Disappointingsales guidancemay have also hurt NIO ADRs.</p>\n<p>Norges bought 17 million shares of Nikola, 1 million ADRs of Li Auto, 527,577 ADRs of XPeng, and 1 million shares of Fisker. It hadn’t owned any of those companies’ shares at theend of the third quarter.</p>\n<p>Nikola stock soaredafter the maker of trucks powered by batteries and hydrogen fuel cellswent publicin early June via a special-purpose acquisition company, or SPAC. But shares slipped when the founderstepped down, and a deal with General Motors (GM) wasscaled back.</p>\n<p>Nikola stock ended the year with a 55% drop from the day the SPAC listing was completed. So far in 2021, Nikola stock has gained 11.5%.</p>\n<p>Li Auto and Xpeng ended 2020 with respective gains of 251% and 286% from their summer initial-public-offering prices. Fisker rose 64%from its public listing via a SPAC in October. But in the new year, Li Auto and Xpeng ADRs have slid 10.9% and 17.9%, respectively.</p>\n<p>Fisker stock, however, has surged 57%. Apartnership withFoxconn Technologyto jointly produce a vehicle has bolstered the shares.</p>","source":"lsy1601382232898","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>One Bank Made Big Bets on Apple, Tesla, Nio, and Other EV Stocks</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\">\nOne Bank Made Big Bets on Apple, Tesla, Nio, and Other EV Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 09:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/big-bets-apple-stock-tesla-nio-nikola-51615241881?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The central bank of Norway drastically increased investments in the maker of iPhones, and in shares of the makers of electric vehicles as 2020 wound down.\nIn the fourth quarter, Norges Bank, which ...</p>\n\n<a href=\"https://www.barrons.com/articles/big-bets-apple-stock-tesla-nio-nikola-51615241881?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","FSR":"菲斯克","AAPL":"苹果","TSLA":"特斯拉","NKLA":"Nikola Corporation","NIO":"蔚来","XPEV":"小鹏汽车"},"source_url":"https://www.barrons.com/articles/big-bets-apple-stock-tesla-nio-nikola-51615241881?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153600572","content_text":"The central bank of Norway drastically increased investments in the maker of iPhones, and in shares of the makers of electric vehicles as 2020 wound down.\nIn the fourth quarter, Norges Bank, which administers theworld’s largest sovereign-wealth fund, bought shares of Apple(ticker: AAPL),Tesla(TSLA),NIO(NIO),Nikola(NKLA),Li Auto(LI),Xpeng(XPEV), and Fisker(FSR). The latter four investments represent new holdings for the bank.\nNorges disclosed the stock trades, among others, ina form it filedwith the Securities and Exchange Commission. It declined to comment on the investment changes.\nItslatest balance sheet, covering January, shows the bank had $1.36 trillion of assets, including the $1.27 trillion in assets of the Government Pension Fund Global, as the country’s sovereign-wealth fund is known.\nNorges bought 120.2 million more Apple shares in the fourth quarter, lifting its investment to 167.6 million. The Apple investment was the bank’smost valuable equity holdingas of the end of 2020, according to Norges’ annual report.\nApple stock soared 80.8% in 2020, but it has slipped 8.8% so far in 2021 through Friday’s close. In comparison, theS&P 500 index,a measure of the broader market, rose 16.3% in 2020, and is up 5% year to date.\nEDITOR'S CHOICE\nApple stock, along with those of the EV makers, has been hammered in recent weeks byhigher bond yields, which create an environment hostile to tech and growth stocks. Indeed,demand for the iPhone 12has been strong, and investors are looking forward to the next model.Barron’shas noted that Apple’s dividend yield isn’t that enticing, but the company has beenincreasing the payoutsat an impressive rate.\nNorges bought 6.9 million more Tesla shares in the quarter to end the year with 7.8 million shares of the electric-vehicle giant. Tesla stock rocketed more than eight times in value last year, but it has veered to a 1.7% loss so far in 2021.\nTesla disclosed in February that itbought $1.5 billionof Bitcoin and intended to accept payments in the cryptocurrency. Tesla is known for its cars, but its operations in software, backup battery power, solar panels, and insuranceare also valuable, as are its plans for robotaxis. TheARK Innovationexchange-traded fund had a spectacular 2020, partly because of its holdings in Tesla stock, but isseeing a muted performance this year, as well.\nThe bank bought 13.4 million NIO American depositary receipts in the fourth quarter, raising the investment to 13.7 million ADRs of the Chinese maker of EV vehicles.\nNIO ADRs topped Tesla stock’s performance in 2020, surging more than 12 times in value. So far this year, NIO ADRs are 6.6% lower.\nAfter large runups in their shares, NIO and the other Chinese EV makers have been caught up in the broader downturn for growth stocks,sending their ADRs tumbling. Disappointingsales guidancemay have also hurt NIO ADRs.\nNorges bought 17 million shares of Nikola, 1 million ADRs of Li Auto, 527,577 ADRs of XPeng, and 1 million shares of Fisker. It hadn’t owned any of those companies’ shares at theend of the third quarter.\nNikola stock soaredafter the maker of trucks powered by batteries and hydrogen fuel cellswent publicin early June via a special-purpose acquisition company, or SPAC. But shares slipped when the founderstepped down, and a deal with General Motors (GM) wasscaled back.\nNikola stock ended the year with a 55% drop from the day the SPAC listing was completed. So far in 2021, Nikola stock has gained 11.5%.\nLi Auto and Xpeng ended 2020 with respective gains of 251% and 286% from their summer initial-public-offering prices. Fisker rose 64%from its public listing via a SPAC in October. But in the new year, Li Auto and Xpeng ADRs have slid 10.9% and 17.9%, respectively.\nFisker stock, however, has surged 57%. Apartnership withFoxconn Technologyto jointly produce a vehicle has bolstered the shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}