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2021-12-28

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Why Rivian Stock Surged Today

2021-12-22

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Why Sea Limited Stock Popped 10.82% Higher Today

2021-12-07

Nice

Rivian shares bucked the trend and fell more than 1%

2021-12-03

Nice

Bank of Montreal beats profit estimates, raises dividend by 25%

2021-12-03

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SoftBank Poised to Lose $74 Billion Payday If Arm Deal Is Halted

2021-12-03

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'The bond market is not yet prepared' -- here's what a Wall Street veteran fears

2021-11-29

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Li Auto quarterly results beat estimates

2021-11-15

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Netflix Cozying Up To Apple By Letting It Have A Share Of Gaming-Revenue Pie, Says Mark Gurman

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However, several factors likely contributed to its sharp upwards move.</p>\n<p>Stock trading volumes tend to be lower during the final week of the year, so price movements can be more severe than at times when more shares are traded. Additionally, traders often are more bullish during this time, as they seek to profit from the so-called Santa Claus rally. The stock markets have historically performed well during the five days after Christmas and the first two days of the new year.</p>\n<p>This bullishness may have led investors to take a more positive view of Rivian and other growth stocks, many of which have seen their share prices decline sharply in recent weeks.</p>\n<p>Now what</p>\n<p>Rivian's future appears particularly bright. The EV maker is enjoying surging demand for its vehicles. Preorders for its R1T pickup truck rose from approximately 48,000 at the end of the third quarter to 71,000 by Dec. 15.</p>\n<p>To meet this demand, Rivian is rapidly expanding its manufacturing network. The company is investing $5 billion to build a new plant in Georgia. The facility is forecasted to assemble as many as 400,000 vehicles annually at peak output, with production anticipated to start in 2024.</p>\n<p>Rivian also has valuable backing from&nbsp;<b>Amazon.com</b>(NASDAQ:AMZN). The e-commerce juggernaut owns roughly 20% of the EV upstart's shares. Amazon has placed a massive order for 100,000 delivery vans, which gives Rivian tremendous visibility into its revenue outlook, as well as the ability to spend more aggressively to ramp up its vehicle production rates.</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>Why Rivian Stock Surged Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Rivian Stock Surged Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-28 10:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/27/why-rivian-stock-surged-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nRivian Automotive(NASDAQ:RIVN)popped 10.6% on Monday as investors piled back into the electric vehicle (EV) company's shares.\nSo what\nThere doesn't appear to be any company-specific news...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/27/why-rivian-stock-surged-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.fool.com/investing/2021/12/27/why-rivian-stock-surged-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184668150","content_text":"What happened\nRivian Automotive(NASDAQ:RIVN)popped 10.6% on Monday as investors piled back into the electric vehicle (EV) company's shares.\nSo what\nThere doesn't appear to be any company-specific news that spurred Rivian's gains today. However, several factors likely contributed to its sharp upwards move.\nStock trading volumes tend to be lower during the final week of the year, so price movements can be more severe than at times when more shares are traded. Additionally, traders often are more bullish during this time, as they seek to profit from the so-called Santa Claus rally. The stock markets have historically performed well during the five days after Christmas and the first two days of the new year.\nThis bullishness may have led investors to take a more positive view of Rivian and other growth stocks, many of which have seen their share prices decline sharply in recent weeks.\nNow what\nRivian's future appears particularly bright. The EV maker is enjoying surging demand for its vehicles. Preorders for its R1T pickup truck rose from approximately 48,000 at the end of the third quarter to 71,000 by Dec. 15.\nTo meet this demand, Rivian is rapidly expanding its manufacturing network. The company is investing $5 billion to build a new plant in Georgia. The facility is forecasted to assemble as many as 400,000 vehicles annually at peak output, with production anticipated to start in 2024.\nRivian also has valuable backing from Amazon.com(NASDAQ:AMZN). The e-commerce juggernaut owns roughly 20% of the EV upstart's shares. Amazon has placed a massive order for 100,000 delivery vans, which gives Rivian tremendous visibility into its revenue outlook, as well as the ability to spend more aggressively to ramp up its vehicle production rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":935,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691134602,"gmtCreate":1640146302663,"gmtModify":1640146302822,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582281917582725","authorIdStr":"3582281917582725"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691134602","repostId":"1185656110","repostType":4,"repost":{"id":"1185656110","kind":"news","pubTimestamp":1640143989,"share":"https://www.laohu8.com/m/news/1185656110?lang=&edition=full","pubTime":"2021-12-22 11:33","market":"us","language":"en","title":"Why Sea Limited Stock Popped 10.82% Higher Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1185656110","media":"Motley Fool","summary":"What happened\nShares of e-commerce giant Sea Limited(NYSE:SE)were up 10.82% today. This is more a re","content":"<p>What happened</p>\n<p>Shares of e-commerce giant&nbsp;<b>Sea Limited</b>(NYSE:SE)were up 10.82% today. This is more a relief rally than anything else.</p>\n<p>Sea has been dragged down along with other high-octane growth stocks since news of the omicron variant hit a month ago. Even after today's pop, Sea stock is&nbsp;down some 30% in the last month, erasing what was up until November a nearly 80% year-to-date return in 2021.</p>\n<p>So what</p>\n<p>It's not surprising that Sea has been volatile as of late. The company's fast growth is undeniable, riding the wave of fast digitization of the economies of Southeast Asia. More recent expansion into new markets like South America and Eastern Europe are also promising.</p>\n<p>However, that growth comes at a cost. Sea uses profits from its video game segment (its marquee game&nbsp;<i>Free Fire</i>) to fuel its e-commerce and digital financial-services divisions -- both of which are currently very unprofitable. The result? A growth stock with lots of potentials, but susceptible to wild swings up and down as investors assess the trajectory of future sales and the eventual payoff for this&nbsp;emerging-markets technologist.</p>\n<p>Now what</p>\n<p>Here's the good news: While Sea has taken a page from the&nbsp;<b>Amazon</b>&nbsp;playbook and is dumping excess cash back into operations to focus on expansion, there are early signs of eventual bottom-line black ink. As measured by free cash flow, Sea actually swung to a profit this year.</p>\n<p>The company generated $342 million in the last trailing-12-month stretch on revenue of $8.3 billion. That's hardly what would be considered a robust profit margin by most value-oriented investors, but it's a solid start for this young company.</p>\n<p>But don't worry right now. If long-term growth is what you're after and you can stomach the roller-coaster ride that is Sea, this company is amply funded to continue spending heavily. The company had $11.8 billion in cash and short-term investments on hand at the end of September, offset by convertible debt of just $3.5 billion. At under 14 times trailing 12-month revenue, Sea stock could be a great long-term deal (think at least a few years, but the more the better) headed into 2022.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Sea Limited Stock Popped 10.82% Higher Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Sea Limited Stock Popped 10.82% Higher Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-22 11:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/21/why-sea-limited-stock-popped-67-higher-today/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of e-commerce giant Sea Limited(NYSE:SE)were up 10.82% today. This is more a relief rally than anything else.\nSea has been dragged down along with other high-octane growth stocks ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/21/why-sea-limited-stock-popped-67-higher-today/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2021/12/21/why-sea-limited-stock-popped-67-higher-today/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185656110","content_text":"What happened\nShares of e-commerce giant Sea Limited(NYSE:SE)were up 10.82% today. This is more a relief rally than anything else.\nSea has been dragged down along with other high-octane growth stocks since news of the omicron variant hit a month ago. Even after today's pop, Sea stock is down some 30% in the last month, erasing what was up until November a nearly 80% year-to-date return in 2021.\nSo what\nIt's not surprising that Sea has been volatile as of late. The company's fast growth is undeniable, riding the wave of fast digitization of the economies of Southeast Asia. More recent expansion into new markets like South America and Eastern Europe are also promising.\nHowever, that growth comes at a cost. Sea uses profits from its video game segment (its marquee game Free Fire) to fuel its e-commerce and digital financial-services divisions -- both of which are currently very unprofitable. The result? A growth stock with lots of potentials, but susceptible to wild swings up and down as investors assess the trajectory of future sales and the eventual payoff for this emerging-markets technologist.\nNow what\nHere's the good news: While Sea has taken a page from the Amazon playbook and is dumping excess cash back into operations to focus on expansion, there are early signs of eventual bottom-line black ink. As measured by free cash flow, Sea actually swung to a profit this year.\nThe company generated $342 million in the last trailing-12-month stretch on revenue of $8.3 billion. That's hardly what would be considered a robust profit margin by most value-oriented investors, but it's a solid start for this young company.\nBut don't worry right now. If long-term growth is what you're after and you can stomach the roller-coaster ride that is Sea, this company is amply funded to continue spending heavily. The company had $11.8 billion in cash and short-term investments on hand at the end of September, offset by convertible debt of just $3.5 billion. At under 14 times trailing 12-month revenue, Sea stock could be a great long-term deal (think at least a few years, but the more the better) headed into 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606245841,"gmtCreate":1638888749993,"gmtModify":1638888750083,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582281917582725","authorIdStr":"3582281917582725"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606245841","repostId":"1151117039","repostType":4,"repost":{"id":"1151117039","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638888025,"share":"https://www.laohu8.com/m/news/1151117039?lang=&edition=full","pubTime":"2021-12-07 22:40","market":"us","language":"en","title":"Rivian shares bucked the trend and fell more than 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1151117039","media":"Tiger Newspress","summary":"Rivian shares bucked the trend and fell more than 1% as Ford could sell down Rivian stake to fuel it","content":"<p>Rivian shares bucked the trend and fell more than 1%&nbsp;as&nbsp;Ford could sell down Rivian stake to fuel its business, RBC said.</p>\n<p><img src=\"https://static.tigerbbs.com/8b7df6377d63fe021b72501d71d788be\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>Analysts at RBC Capital on Monday raised their price target on Ford Motor Co.&nbsp;stock to $21, from $17, saying they continue to see upside for the auto maker. Their new valuation method includes further breaking up Ford's business, including its electric-vehicle business and investments in Rivian Automotive Inc., to value the shares, they said.</p>\n<p>On Rivian, the analysts said they believe Ford views its investment in Rivian \"as a financialone, so they may eventually sell-down to help fund Ford's organic investment or other cash calls.\" </p>\n<p>Ford Chief Executive Jim Farley last month vowed that Ford would become the second largest U.S. electric-vehicle maker.</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>Rivian shares bucked the trend and fell more than 1%</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\">\nRivian shares bucked the trend and fell more than 1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-07 22:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Rivian shares bucked the trend and fell more than 1%&nbsp;as&nbsp;Ford could sell down Rivian stake to fuel its business, RBC said.</p>\n<p><img src=\"https://static.tigerbbs.com/8b7df6377d63fe021b72501d71d788be\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>Analysts at RBC Capital on Monday raised their price target on Ford Motor Co.&nbsp;stock to $21, from $17, saying they continue to see upside for the auto maker. Their new valuation method includes further breaking up Ford's business, including its electric-vehicle business and investments in Rivian Automotive Inc., to value the shares, they said.</p>\n<p>On Rivian, the analysts said they believe Ford views its investment in Rivian \"as a financialone, so they may eventually sell-down to help fund Ford's organic investment or other cash calls.\" </p>\n<p>Ford Chief Executive Jim Farley last month vowed that Ford would become the second largest U.S. electric-vehicle maker.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151117039","content_text":"Rivian shares bucked the trend and fell more than 1% as Ford could sell down Rivian stake to fuel its business, RBC said.\n\nAnalysts at RBC Capital on Monday raised their price target on Ford Motor Co. stock to $21, from $17, saying they continue to see upside for the auto maker. Their new valuation method includes further breaking up Ford's business, including its electric-vehicle business and investments in Rivian Automotive Inc., to value the shares, they said.\nOn Rivian, the analysts said they believe Ford views its investment in Rivian \"as a financialone, so they may eventually sell-down to help fund Ford's organic investment or other cash calls.\" \nFord Chief Executive Jim Farley last month vowed that Ford would become the second largest U.S. electric-vehicle maker.","news_type":1},"isVote":1,"tweetType":1,"viewCount":748,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601257627,"gmtCreate":1638538851154,"gmtModify":1638538851223,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582281917582725","authorIdStr":"3582281917582725"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/601257627","repostId":"2188525803","repostType":4,"repost":{"id":"2188525803","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1638536111,"share":"https://www.laohu8.com/m/news/2188525803?lang=&edition=full","pubTime":"2021-12-03 20:55","market":"us","language":"en","title":"Bank of Montreal beats profit estimates, raises dividend by 25%","url":"https://stock-news.laohu8.com/highlight/detail?id=2188525803","media":"Reuters","summary":"TORONTO (Reuters) - Bank of Montreal closed out Canadian banks' results season with better-than-expe","content":"<p>TORONTO (Reuters) - Bank of Montreal closed out Canadian banks' results season with better-than-expected fourth-quarter earnings on Friday, as strong growth across all major businesses drove adjusted earnings up 38% from a year earlier, and lifted its dividend 25%.</p>\n<p>Canada's fourth-largest lender increased its dividend to C$1.33 from C$1.06 in prior quarters, and said it would buy back up to 22.5 million, or 3.5%, of outstanding shares.</p>\n<p>While BMO recovered loan-loss provisions of C$126 million ($98.19 million) during the three months ended Oct. 31, it posted strong growth even excluding that impact. Its net interest margin, excluding trading, dipped.</p>\n<p>Adjusted pre-tax, pre-provision earnings rose 15% in its Canadian banking business, 17% in the U.S., 29% in its wealth management unit and 28% in capital markets, with revenue across the bank up 10%.</p>\n<p>Adjusted non-interest expenses increased 6% from a year earlier, largely driven by higher employee-related costs, the bank said.</p>\n<p>Net income excluding <a href=\"https://laohu8.com/S/AONE.U\">one</a>-off items rose to C$2.23 billion ($1.77 billion), or C$3.33 per share, in the three months ended Oct. 31, compared with C$1.61 billion, or C$2.41 per share, a year earlier. Analysts had expected C$3.21 a share, according to IBES data from Refinitiv.</p>\n<p>($1 = 1.2832 Canadian dollars)</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>Bank of Montreal beats profit estimates, raises dividend by 25%</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\">\nBank of Montreal beats profit estimates, raises dividend by 25%\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\">2021-12-03 20:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>TORONTO (Reuters) - Bank of Montreal closed out Canadian banks' results season with better-than-expected fourth-quarter earnings on Friday, as strong growth across all major businesses drove adjusted earnings up 38% from a year earlier, and lifted its dividend 25%.</p>\n<p>Canada's fourth-largest lender increased its dividend to C$1.33 from C$1.06 in prior quarters, and said it would buy back up to 22.5 million, or 3.5%, of outstanding shares.</p>\n<p>While BMO recovered loan-loss provisions of C$126 million ($98.19 million) during the three months ended Oct. 31, it posted strong growth even excluding that impact. Its net interest margin, excluding trading, dipped.</p>\n<p>Adjusted pre-tax, pre-provision earnings rose 15% in its Canadian banking business, 17% in the U.S., 29% in its wealth management unit and 28% in capital markets, with revenue across the bank up 10%.</p>\n<p>Adjusted non-interest expenses increased 6% from a year earlier, largely driven by higher employee-related costs, the bank said.</p>\n<p>Net income excluding <a href=\"https://laohu8.com/S/AONE.U\">one</a>-off items rose to C$2.23 billion ($1.77 billion), or C$3.33 per share, in the three months ended Oct. 31, compared with C$1.61 billion, or C$2.41 per share, a year earlier. Analysts had expected C$3.21 a share, according to IBES data from Refinitiv.</p>\n<p>($1 = 1.2832 Canadian dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BMO":"蒙特利尔银行","BK4207":"综合性银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2188525803","content_text":"TORONTO (Reuters) - Bank of Montreal closed out Canadian banks' results season with better-than-expected fourth-quarter earnings on Friday, as strong growth across all major businesses drove adjusted earnings up 38% from a year earlier, and lifted its dividend 25%.\nCanada's fourth-largest lender increased its dividend to C$1.33 from C$1.06 in prior quarters, and said it would buy back up to 22.5 million, or 3.5%, of outstanding shares.\nWhile BMO recovered loan-loss provisions of C$126 million ($98.19 million) during the three months ended Oct. 31, it posted strong growth even excluding that impact. Its net interest margin, excluding trading, dipped.\nAdjusted pre-tax, pre-provision earnings rose 15% in its Canadian banking business, 17% in the U.S., 29% in its wealth management unit and 28% in capital markets, with revenue across the bank up 10%.\nAdjusted non-interest expenses increased 6% from a year earlier, largely driven by higher employee-related costs, the bank said.\nNet income excluding one-off items rose to C$2.23 billion ($1.77 billion), or C$3.33 per share, in the three months ended Oct. 31, compared with C$1.61 billion, or C$2.41 per share, a year earlier. Analysts had expected C$3.21 a share, according to IBES data from Refinitiv.\n($1 = 1.2832 Canadian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601257174,"gmtCreate":1638538821785,"gmtModify":1638538821785,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582281917582725","authorIdStr":"3582281917582725"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601257174","repostId":"2188540268","repostType":4,"repost":{"id":"2188540268","kind":"news","pubTimestamp":1638530468,"share":"https://www.laohu8.com/m/news/2188540268?lang=&edition=full","pubTime":"2021-12-03 19:21","market":"us","language":"en","title":"SoftBank Poised to Lose $74 Billion Payday If Arm Deal Is Halted","url":"https://stock-news.laohu8.com/highlight/detail?id=2188540268","media":"Bloomberg","summary":"U.S. antitrust enforcers seek to block sale of Arm to Nvidia\nSoftBank faces potentially less lucrati","content":"<ul>\n <li>U.S. antitrust enforcers seek to block sale of Arm to Nvidia</li>\n <li>SoftBank faces potentially less lucrative Plan B: an Arm IPO</li>\n</ul>\n<p>With SoftBank Group Corp.’s sale of Arm Ltd. to Nvidia Corp. in severe jeopardy, the company faces the prospect of losing a jackpot of roughly $74 billion. And its consolation prize is uncertain.</p>\n<p>U.S. antitrust officials sued to block the takeover on Thursday, arguing it will stifle innovation in the chip industry. Nvidia has vowed to press ahead, but the transaction also faces reviews from U.K., European Union and Chinese regulators -- as well as opposition from Arm’s own customers -- and Wall Street analysts are all but calling the deal dead.</p>\n<p>That leaves SoftBank in a quandary. Nvidia had agreed to buy the business for about $40 billion in September 2020, and a subsequent surge in the bidder’s stock price increased the potential payday by tens of billions of dollars. Other suitors are unlikely to match such an offer and might spark their own regulatory concerns.</p>\n<p>So SoftBank’s best alternative may well be an initial public offering for the Arm business -- but that is likely to value the company at far less than Nvidia’s offer.</p>\n<p>“Nvidia’s share price has climbed a lot since the announcement and would have implied a very good price for Arm,” said Mio Kato, an analyst at LightStream Research in Tokyo. “I don’t think Arm is worth anywhere near what SoftBank thinks it is, so I think the most realistic option is an IPO.”</p>\n<p>SoftBank and Arm are entitled to keep $2 billion Nvidia paid at signing, including a $1.25 billion breakup fee, whether the deal goes through or not.</p>\n<p><img src=\"https://static.tigerbbs.com/ab6c9395ba2af21bcd12e14570b42413\" tg-width=\"961\" tg-height=\"371\" width=\"100%\" height=\"auto\"></p>\n<p>A representative for Tokyo-based SoftBank declined to comment.</p>\n<p>Arm is a prized asset in the chip industry. It licenses technology to hundreds of companies, and its technology is used in devices ranging from smartphones to factory equipment and cars, acting as a neutral party. But that role also makes Arm a difficult asset to sell. Its customers want the business to stay independent -- something they fear won’t be possible under Nvidia ownership.</p>\n<p>But pursuing an IPO has its own risks. It’s hard to say how investors would value the Arm business. On average, members of the Philadelphia Stock Exchange Semiconductor Index have a market-capitalization-to-sales ratio of 9.9 times. Using that ratio, with annual sales of about $2.5 billion, Arm would be worth $19.8 billion -- only about 27% the value of the $74 billion Nvidia deal.</p>\n<p>If it’s valued at Nvidia’s index-leading 32 times, Arm would be worth almost $81 billion. But that’s a long shot considering Nvidia is currently the star of the semiconductor industry. Sales are booming, its stock has soared 146% this year, and it’s eclipsed the likes of Intel Corp. as the world’s most valuable chipmaker.</p>\n<p>When the Arm deal was announced on Sept. 14, 2020, Nvidia’s stock made up $21.5 billion of the $40 billion transaction. The purchase also included $12 billion in cash and as much as $5 billion more if the business hit certain financial targets, as well as $1.5 billion in Nvidia shares for Arm employees.</p>\n<p>After Nvidia’s run-up, the stock portion of the deal is now worth more alone -- roughly $57 billion -- than the entire initial transaction.</p>\n<p>SoftBank bought U.K.-based Arm in 2016 for $31 billion, and the Nvidia deal would bring a handsome return at a time when it’s facing setbacks elsewhere, such as China.</p>\n<p>As recently as last month, SoftBank was upbeat that the deal would close.</p>\n<p>“I can’t promise,” SoftBank founder and Chief Executive Officer Masayoshi Son said during a conference call in November. But he said he believed the approval process would be “successful.”</p>\n<p>The outlook darkened considerably Thursday. According to Citibank analysts, the chances of the Nvidia purchase closing are now just 5%, down from their earlier estimate of 50%.</p>\n<p>“SoftBank will have to start the process for a sale from scratch,” said Koji Hirai, a mergers-and-acquisition banker in Tokyo.</p>\n<p>If SoftBank does pursue an IPO for Arm, getting the timing right may be difficult. For now, the sun is shining on the chip industry. Global shortages have put the value of chips in the spotlight, sending the Philadelphia semiconductor index up 36% this year -- well ahead of the S&amp;P 500’s 22% gain.</p>\n<p>But some analysts are concerned the stocks are near peak valuation. A delay of months while the regulatory process drags on may deprive SoftBank of the opportunity to get the highest value for Arm in the public markets.</p>\n<p>The key question is whether the explosion in data centers, online services and smart devices will extend the rally, letting chipmakers avoid the boom-and-bust cycles of the past. Given Arm’s vital role at the center of it all, Nvidia’s hefty price may not be that high after all, said Matt Bryson, an analyst at Wedbush Securities.</p>\n<p>“You could make an argument that SoftBank may be able to do better than that,” he said.</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>SoftBank Poised to Lose $74 Billion Payday If Arm Deal Is Halted</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\">\nSoftBank Poised to Lose $74 Billion Payday If Arm Deal Is Halted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-03 19:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-03/softbank-poised-to-lose-74-billion-payday-if-arm-deal-is-halted?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. antitrust enforcers seek to block sale of Arm to Nvidia\nSoftBank faces potentially less lucrative Plan B: an Arm IPO\n\nWith SoftBank Group Corp.’s sale of Arm Ltd. to Nvidia Corp. in severe ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-03/softbank-poised-to-lose-74-billion-payday-if-arm-deal-is-halted?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4132":"无线电信业务","NVDA":"英伟达","03160":"华夏日股对冲","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-03/softbank-poised-to-lose-74-billion-payday-if-arm-deal-is-halted?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2188540268","content_text":"U.S. antitrust enforcers seek to block sale of Arm to Nvidia\nSoftBank faces potentially less lucrative Plan B: an Arm IPO\n\nWith SoftBank Group Corp.’s sale of Arm Ltd. to Nvidia Corp. in severe jeopardy, the company faces the prospect of losing a jackpot of roughly $74 billion. And its consolation prize is uncertain.\nU.S. antitrust officials sued to block the takeover on Thursday, arguing it will stifle innovation in the chip industry. Nvidia has vowed to press ahead, but the transaction also faces reviews from U.K., European Union and Chinese regulators -- as well as opposition from Arm’s own customers -- and Wall Street analysts are all but calling the deal dead.\nThat leaves SoftBank in a quandary. Nvidia had agreed to buy the business for about $40 billion in September 2020, and a subsequent surge in the bidder’s stock price increased the potential payday by tens of billions of dollars. Other suitors are unlikely to match such an offer and might spark their own regulatory concerns.\nSo SoftBank’s best alternative may well be an initial public offering for the Arm business -- but that is likely to value the company at far less than Nvidia’s offer.\n“Nvidia’s share price has climbed a lot since the announcement and would have implied a very good price for Arm,” said Mio Kato, an analyst at LightStream Research in Tokyo. “I don’t think Arm is worth anywhere near what SoftBank thinks it is, so I think the most realistic option is an IPO.”\nSoftBank and Arm are entitled to keep $2 billion Nvidia paid at signing, including a $1.25 billion breakup fee, whether the deal goes through or not.\n\nA representative for Tokyo-based SoftBank declined to comment.\nArm is a prized asset in the chip industry. It licenses technology to hundreds of companies, and its technology is used in devices ranging from smartphones to factory equipment and cars, acting as a neutral party. But that role also makes Arm a difficult asset to sell. Its customers want the business to stay independent -- something they fear won’t be possible under Nvidia ownership.\nBut pursuing an IPO has its own risks. It’s hard to say how investors would value the Arm business. On average, members of the Philadelphia Stock Exchange Semiconductor Index have a market-capitalization-to-sales ratio of 9.9 times. Using that ratio, with annual sales of about $2.5 billion, Arm would be worth $19.8 billion -- only about 27% the value of the $74 billion Nvidia deal.\nIf it’s valued at Nvidia’s index-leading 32 times, Arm would be worth almost $81 billion. But that’s a long shot considering Nvidia is currently the star of the semiconductor industry. Sales are booming, its stock has soared 146% this year, and it’s eclipsed the likes of Intel Corp. as the world’s most valuable chipmaker.\nWhen the Arm deal was announced on Sept. 14, 2020, Nvidia’s stock made up $21.5 billion of the $40 billion transaction. The purchase also included $12 billion in cash and as much as $5 billion more if the business hit certain financial targets, as well as $1.5 billion in Nvidia shares for Arm employees.\nAfter Nvidia’s run-up, the stock portion of the deal is now worth more alone -- roughly $57 billion -- than the entire initial transaction.\nSoftBank bought U.K.-based Arm in 2016 for $31 billion, and the Nvidia deal would bring a handsome return at a time when it’s facing setbacks elsewhere, such as China.\nAs recently as last month, SoftBank was upbeat that the deal would close.\n“I can’t promise,” SoftBank founder and Chief Executive Officer Masayoshi Son said during a conference call in November. But he said he believed the approval process would be “successful.”\nThe outlook darkened considerably Thursday. According to Citibank analysts, the chances of the Nvidia purchase closing are now just 5%, down from their earlier estimate of 50%.\n“SoftBank will have to start the process for a sale from scratch,” said Koji Hirai, a mergers-and-acquisition banker in Tokyo.\nIf SoftBank does pursue an IPO for Arm, getting the timing right may be difficult. For now, the sun is shining on the chip industry. Global shortages have put the value of chips in the spotlight, sending the Philadelphia semiconductor index up 36% this year -- well ahead of the S&P 500’s 22% gain.\nBut some analysts are concerned the stocks are near peak valuation. A delay of months while the regulatory process drags on may deprive SoftBank of the opportunity to get the highest value for Arm in the public markets.\nThe key question is whether the explosion in data centers, online services and smart devices will extend the rally, letting chipmakers avoid the boom-and-bust cycles of the past. Given Arm’s vital role at the center of it all, Nvidia’s hefty price may not be that high after all, said Matt Bryson, an analyst at Wedbush Securities.\n“You could make an argument that SoftBank may be able to do better than that,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601254582,"gmtCreate":1638538774234,"gmtModify":1638538774324,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582281917582725","authorIdStr":"3582281917582725"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601254582","repostId":"2188854525","repostType":4,"repost":{"id":"2188854525","kind":"highlight","pubTimestamp":1638536261,"share":"https://www.laohu8.com/m/news/2188854525?lang=&edition=full","pubTime":"2021-12-03 20:57","market":"us","language":"en","title":"'The bond market is not yet prepared' -- here's what a Wall Street veteran fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2188854525","media":"MarketWatch","summary":"As the signals from the Federal Reserve become louder and louder that interest rates will be hiked n","content":"<p>As the signals from the Federal Reserve become louder and louder that interest rates will be hiked next year, the question for markets becomes less about when and more about, how high.</p>\n<p>Nearly every rate-hike cycle since the 1970s has resulted in successively lower peaks. That's logical, because inflation also has had lower peaks.</p>\n<p>\"In essence, a secular decline in inflation has mitigated the need for monetary policy makers to lift official interest rates as much as previous business cycles,\" said Joe LaVorgna, the chief economist of the Americas for Natixis Corporate and Investment Banking, who also was chief economist for the White House National Economic Council in the latter days of the Trump administration.</p>\n<p><img src=\"https://static.tigerbbs.com/766e2ce17be0292d43f5fd3a83ce848a\" tg-width=\"700\" tg-height=\"505\" width=\"100%\" height=\"auto\"></p>\n<p>Markets have learned. Measured by five-year overnight index swaps, traders expect the next rate hike cycle to peak at just 1.45%. And adjusted for inflation, real rates are forecast not to get into positive territory in this business cycle.</p>\n<p>LaVorgna said markets may be in store for a rude awakening. \"But unprecedented fiscal and monetary stimulus since COVID may have reversed the post-1980s secular downtrend in inflation. If this is the case, then the real fed-funds rate eventually needs to get back into positive territory to dampen inflationary pressure,\" he said.</p>\n<p>LaVorgna said the bond market isn't yet prepared. And to MarketWatch, he said neither is the stock market. The end result for equities? \"Eventually a serious compression in multiples,\" he said in an email. The last reading for the Shiller price-to-equty ratio was a staggering 39.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'The bond market is not yet prepared' -- here's what a Wall Street veteran fears</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\">\n'The bond market is not yet prepared' -- here's what a Wall Street veteran fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-03 20:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-bond-market-is-not-yet-prepared-heres-what-a-wall-street-veteran-fears-11638532504?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the signals from the Federal Reserve become louder and louder that interest rates will be hiked next year, the question for markets becomes less about when and more about, how high.\nNearly every ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-bond-market-is-not-yet-prepared-heres-what-a-wall-street-veteran-fears-11638532504?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4535":"淡马锡持仓","Z":"Zillow",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","BK4526":"热门中概股","BK4141":"半导体产品",".SPX":"S&P 500 Index","BK4551":"寇图资本持仓","BK4022":"陆运","BK4561":"索罗斯持仓","BK4505":"高瓴资本持仓","BK4079":"房地产服务","MRVL":"迈威尔科技","BK4112":"金融交易所和数据","BK4548":"巴美列捷福持仓","ICE":"洲际交易所","BK4539":"次新股","BK4528":"SaaS概念","BK4023":"应用软件","BK4515":"5G概念","ZG":"Zillow Class A"},"source_url":"https://www.marketwatch.com/story/the-bond-market-is-not-yet-prepared-heres-what-a-wall-street-veteran-fears-11638532504?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2188854525","content_text":"As the signals from the Federal Reserve become louder and louder that interest rates will be hiked next year, the question for markets becomes less about when and more about, how high.\nNearly every rate-hike cycle since the 1970s has resulted in successively lower peaks. That's logical, because inflation also has had lower peaks.\n\"In essence, a secular decline in inflation has mitigated the need for monetary policy makers to lift official interest rates as much as previous business cycles,\" said Joe LaVorgna, the chief economist of the Americas for Natixis Corporate and Investment Banking, who also was chief economist for the White House National Economic Council in the latter days of the Trump administration.\n\nMarkets have learned. Measured by five-year overnight index swaps, traders expect the next rate hike cycle to peak at just 1.45%. And adjusted for inflation, real rates are forecast not to get into positive territory in this business cycle.\nLaVorgna said markets may be in store for a rude awakening. \"But unprecedented fiscal and monetary stimulus since COVID may have reversed the post-1980s secular downtrend in inflation. If this is the case, then the real fed-funds rate eventually needs to get back into positive territory to dampen inflationary pressure,\" he said.\nLaVorgna said the bond market isn't yet prepared. And to MarketWatch, he said neither is the stock market. The end result for equities? \"Eventually a serious compression in multiples,\" he said in an email. The last reading for the Shiller price-to-equty ratio was a staggering 39.","news_type":1},"isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600540766,"gmtCreate":1638178542212,"gmtModify":1638179119452,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582281917582725","authorIdStr":"3582281917582725"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600540766","repostId":"1143786111","repostType":2,"repost":{"id":"1143786111","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638176748,"share":"https://www.laohu8.com/m/news/1143786111?lang=&edition=full","pubTime":"2021-11-29 17:05","market":"us","language":"en","title":"Li Auto quarterly results beat estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1143786111","media":"Tiger Newspress","summary":"Quarterly total revenues reached RMB7.78 billion (US$1.21 billion)\n\n\nQuarterly deliveries reached 25","content":"<ul>\n <li>Quarterly total revenues reached RMB7.78 billion (US$1.21 billion)</li>\n</ul>\n<ul>\n <li>Quarterly deliveries reached 25,116 vehicles</li>\n</ul>\n<ul>\n <li>Quarterly gross margin reached 23.3%</li>\n</ul>\n<p>Li Auto shares jumped more than 5% in premarket trading&nbsp;as&nbsp;its quarterly results beat estimates.</p>\n<p><img src=\"https://static.tigerbbs.com/716bb0f77f393b137d18dee310e43c07\" tg-width=\"853\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Li Auto Inc. today announced its unaudited financial results for the quarter ended September 30, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/a1c8d3937ed545698b7cf70f37e5dbb2\" tg-width=\"1170\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><u>Financial Highlights for the Third Quarter of 2021</u></b></p>\n<ul>\n <li><b>Vehicle sales</b>&nbsp;were RMB7.39 billion (US$1.15 billion) in the third quarter of 2021, representing an increase of 199.7% from RMB2.46 billion in the third quarter of 2020 and an increase of 50.6% from RMB4.90 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Vehicle margin</b>&nbsp;was 21.1% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.7% in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Total revenues</b>&nbsp;were RMB7.78 billion (US$1.21 billion) in the third quarter of 2021, representing an increase of 209.7% from RMB2.51 billion in the third quarter of 2020 and an increase of 54.3% from RMB5.04 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Gross profit</b>&nbsp;was RMB1.81 billion (US$281.2 million) in the third quarter of 2021, representing an increase of 264.8% from RMB496.8 million in the third quarter of 2020 and an increase of 90.2% from RMB952.8 million in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Gross margin</b>&nbsp;was 23.3% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.9% in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Loss from operations</b>&nbsp;was RMB97.8 million (US$15.2 million) in the third quarter of 2021, representing a decrease of 45.7% from RMB180.0 million in the third quarter of 2020 and a decrease of 81.8% from RMB535.9 million in the second quarter of 2021.<b>Non-GAAP income from operations3</b>&nbsp;was RMB259.4 million (US$40.3 million) in the third quarter of 2021, compared with RMB45.0 million Non-GAAP loss from operations3in the third quarter of 2020 and RMB365.5 million Non-GAAP loss from operations in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Net loss</b>&nbsp;was RMB21.5 million (US$3.3 million) in the third quarter of 2021, representing a decrease of 79.9% from RMB106.9 million in the third quarter of 2020 and a decrease of 90.9% from RMB235.5 million in the second quarter of 2021.<b>Non-GAAP net income3</b>was RMB335.7 million (US$52.1 million) in the third quarter of 2021, compared with RMB16.0 million Non-GAAP net income in the third quarter of 2020 and RMB65.1 million Non-GAAP net loss3in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Operating cash flow</b>&nbsp;was RMB2.17 billion (US$336.7 million) in the third quarter of 2021, representing an increase of 133.3% from RMB929.8 million in the third quarter of 2020 and an increase of 54.1% from RMB1.41 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Free cash flow</b>&nbsp;was RMB1.16 billion (US$180.8 million) in the third quarter of 2021, representing an increase of 55.4% from RMB749.9 million in the third quarter of 2020 and an increase of 18.6% from RMB982.1 million in the second quarter of 2021.</li>\n</ul>\n<p></p>\n<p><b><u>Recent Developments</u></b></p>\n<p><b>Deliveries Update</b></p>\n<ul>\n <li>In October 2021, the Company delivered 7,649 Li ONEs, representing a 107.2% increase from October 2020. As of October 31, 2021, the Company had 162 retail stores covering 86 cities, in addition to 223 servicing centers and Li Auto-authorized body and paint shops operating in 165 cities.</li>\n</ul>\n<p><b>Extraordinary General Meeting</b></p>\n<ul>\n <li>On November 16, 2021, the Company held an extraordinary general meeting (the \"EGM\") of shareholders together with the respective class meetings of holders of Class A ordinary shares and Class B ordinary shares (the \"Class Meetings\") in Beijing, China. Following the EGM and the Class Meetings, the Fifth Amended and Restated Memorandum of Association and Articles of Association was adopted by special resolution, and general unconditional mandates were granted to the directors of the Company by ordinary resolution to issue and repurchase shares.</li>\n</ul>\n<p><b>Updates on Manufacturing Facilities</b></p>\n<ul>\n <li><b>Beijing Manufacturing Base</b></li>\n <li>In October 2021, the Company officially commenced construction of its Beijing manufacturing base which is scheduled to be operational in 2023. It will serve as an important manufacturing base for Li Auto’s premium BEVs, allowing the Company to meet rising market demand with a more diversified product lineup.</li>\n <li>Aligned with the Company’s ESG goals, the Beijing manufacturing base will be built on and leverage the existing site’s infrastructure to achieve high reutilization. It will also adopt leading environmentally friendly production processes in addition to being highly automated, intelligent, and flexible.</li>\n</ul>\n<ul>\n <li><b>Changzhou Manufacturing Base</b></li>\n <li>In November 2021, the Company acquired from Changzhou Wunan New Energy Vehicle Investment Co., Ltd. 100% of the equity interest in Changzhou Chehejin Standard Factory Construction Co., Ltd. (“Chehejin”), which owns the land use rights and plants that previously had been leased to the Company for the current Changzhou manufacturing base. This transaction strengthens the Company’s control of the Changzhou manufacturing base.</li>\n</ul>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects:</p>\n<ul>\n <li><b>Deliveries of vehicles</b>&nbsp;to be between 30,000 and 32,000 vehicles, representing an increase of 107.4% to 121.2% from the fourth quarter of 2020.</li>\n</ul>\n<ul>\n <li><b>Total revenues</b>&nbsp;to be between RMB8.82 billion (US$1.37 billion) and RMB9.41 billion (US$1.46 billion), representing an increase of 112.7% to 126.9% from the fourth quarter of 2020.</li>\n</ul>","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>Li Auto quarterly results beat estimates</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\">\nLi Auto quarterly results beat estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-29 17:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Quarterly total revenues reached RMB7.78 billion (US$1.21 billion)</li>\n</ul>\n<ul>\n <li>Quarterly deliveries reached 25,116 vehicles</li>\n</ul>\n<ul>\n <li>Quarterly gross margin reached 23.3%</li>\n</ul>\n<p>Li Auto shares jumped more than 5% in premarket trading&nbsp;as&nbsp;its quarterly results beat estimates.</p>\n<p><img src=\"https://static.tigerbbs.com/716bb0f77f393b137d18dee310e43c07\" tg-width=\"853\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Li Auto Inc. today announced its unaudited financial results for the quarter ended September 30, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/a1c8d3937ed545698b7cf70f37e5dbb2\" tg-width=\"1170\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><u>Financial Highlights for the Third Quarter of 2021</u></b></p>\n<ul>\n <li><b>Vehicle sales</b>&nbsp;were RMB7.39 billion (US$1.15 billion) in the third quarter of 2021, representing an increase of 199.7% from RMB2.46 billion in the third quarter of 2020 and an increase of 50.6% from RMB4.90 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Vehicle margin</b>&nbsp;was 21.1% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.7% in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Total revenues</b>&nbsp;were RMB7.78 billion (US$1.21 billion) in the third quarter of 2021, representing an increase of 209.7% from RMB2.51 billion in the third quarter of 2020 and an increase of 54.3% from RMB5.04 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Gross profit</b>&nbsp;was RMB1.81 billion (US$281.2 million) in the third quarter of 2021, representing an increase of 264.8% from RMB496.8 million in the third quarter of 2020 and an increase of 90.2% from RMB952.8 million in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Gross margin</b>&nbsp;was 23.3% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.9% in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Loss from operations</b>&nbsp;was RMB97.8 million (US$15.2 million) in the third quarter of 2021, representing a decrease of 45.7% from RMB180.0 million in the third quarter of 2020 and a decrease of 81.8% from RMB535.9 million in the second quarter of 2021.<b>Non-GAAP income from operations3</b>&nbsp;was RMB259.4 million (US$40.3 million) in the third quarter of 2021, compared with RMB45.0 million Non-GAAP loss from operations3in the third quarter of 2020 and RMB365.5 million Non-GAAP loss from operations in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Net loss</b>&nbsp;was RMB21.5 million (US$3.3 million) in the third quarter of 2021, representing a decrease of 79.9% from RMB106.9 million in the third quarter of 2020 and a decrease of 90.9% from RMB235.5 million in the second quarter of 2021.<b>Non-GAAP net income3</b>was RMB335.7 million (US$52.1 million) in the third quarter of 2021, compared with RMB16.0 million Non-GAAP net income in the third quarter of 2020 and RMB65.1 million Non-GAAP net loss3in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Operating cash flow</b>&nbsp;was RMB2.17 billion (US$336.7 million) in the third quarter of 2021, representing an increase of 133.3% from RMB929.8 million in the third quarter of 2020 and an increase of 54.1% from RMB1.41 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Free cash flow</b>&nbsp;was RMB1.16 billion (US$180.8 million) in the third quarter of 2021, representing an increase of 55.4% from RMB749.9 million in the third quarter of 2020 and an increase of 18.6% from RMB982.1 million in the second quarter of 2021.</li>\n</ul>\n<p></p>\n<p><b><u>Recent Developments</u></b></p>\n<p><b>Deliveries Update</b></p>\n<ul>\n <li>In October 2021, the Company delivered 7,649 Li ONEs, representing a 107.2% increase from October 2020. As of October 31, 2021, the Company had 162 retail stores covering 86 cities, in addition to 223 servicing centers and Li Auto-authorized body and paint shops operating in 165 cities.</li>\n</ul>\n<p><b>Extraordinary General Meeting</b></p>\n<ul>\n <li>On November 16, 2021, the Company held an extraordinary general meeting (the \"EGM\") of shareholders together with the respective class meetings of holders of Class A ordinary shares and Class B ordinary shares (the \"Class Meetings\") in Beijing, China. Following the EGM and the Class Meetings, the Fifth Amended and Restated Memorandum of Association and Articles of Association was adopted by special resolution, and general unconditional mandates were granted to the directors of the Company by ordinary resolution to issue and repurchase shares.</li>\n</ul>\n<p><b>Updates on Manufacturing Facilities</b></p>\n<ul>\n <li><b>Beijing Manufacturing Base</b></li>\n <li>In October 2021, the Company officially commenced construction of its Beijing manufacturing base which is scheduled to be operational in 2023. It will serve as an important manufacturing base for Li Auto’s premium BEVs, allowing the Company to meet rising market demand with a more diversified product lineup.</li>\n <li>Aligned with the Company’s ESG goals, the Beijing manufacturing base will be built on and leverage the existing site’s infrastructure to achieve high reutilization. It will also adopt leading environmentally friendly production processes in addition to being highly automated, intelligent, and flexible.</li>\n</ul>\n<ul>\n <li><b>Changzhou Manufacturing Base</b></li>\n <li>In November 2021, the Company acquired from Changzhou Wunan New Energy Vehicle Investment Co., Ltd. 100% of the equity interest in Changzhou Chehejin Standard Factory Construction Co., Ltd. (“Chehejin”), which owns the land use rights and plants that previously had been leased to the Company for the current Changzhou manufacturing base. This transaction strengthens the Company’s control of the Changzhou manufacturing base.</li>\n</ul>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects:</p>\n<ul>\n <li><b>Deliveries of vehicles</b>&nbsp;to be between 30,000 and 32,000 vehicles, representing an increase of 107.4% to 121.2% from the fourth quarter of 2020.</li>\n</ul>\n<ul>\n <li><b>Total revenues</b>&nbsp;to be between RMB8.82 billion (US$1.37 billion) and RMB9.41 billion (US$1.46 billion), representing an increase of 112.7% to 126.9% from the fourth quarter of 2020.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","02015":"理想汽车-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143786111","content_text":"Quarterly total revenues reached RMB7.78 billion (US$1.21 billion)\n\n\nQuarterly deliveries reached 25,116 vehicles\n\n\nQuarterly gross margin reached 23.3%\n\nLi Auto shares jumped more than 5% in premarket trading as its quarterly results beat estimates.\n\nLi Auto Inc. today announced its unaudited financial results for the quarter ended September 30, 2021.\n\nFinancial Highlights for the Third Quarter of 2021\n\nVehicle sales were RMB7.39 billion (US$1.15 billion) in the third quarter of 2021, representing an increase of 199.7% from RMB2.46 billion in the third quarter of 2020 and an increase of 50.6% from RMB4.90 billion in the second quarter of 2021.\n\n\nVehicle margin was 21.1% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.7% in the second quarter of 2021.\n\n\nTotal revenues were RMB7.78 billion (US$1.21 billion) in the third quarter of 2021, representing an increase of 209.7% from RMB2.51 billion in the third quarter of 2020 and an increase of 54.3% from RMB5.04 billion in the second quarter of 2021.\n\n\nGross profit was RMB1.81 billion (US$281.2 million) in the third quarter of 2021, representing an increase of 264.8% from RMB496.8 million in the third quarter of 2020 and an increase of 90.2% from RMB952.8 million in the second quarter of 2021.\n\n\nGross margin was 23.3% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.9% in the second quarter of 2021.\n\n\nLoss from operations was RMB97.8 million (US$15.2 million) in the third quarter of 2021, representing a decrease of 45.7% from RMB180.0 million in the third quarter of 2020 and a decrease of 81.8% from RMB535.9 million in the second quarter of 2021.Non-GAAP income from operations3 was RMB259.4 million (US$40.3 million) in the third quarter of 2021, compared with RMB45.0 million Non-GAAP loss from operations3in the third quarter of 2020 and RMB365.5 million Non-GAAP loss from operations in the second quarter of 2021.\n\n\nNet loss was RMB21.5 million (US$3.3 million) in the third quarter of 2021, representing a decrease of 79.9% from RMB106.9 million in the third quarter of 2020 and a decrease of 90.9% from RMB235.5 million in the second quarter of 2021.Non-GAAP net income3was RMB335.7 million (US$52.1 million) in the third quarter of 2021, compared with RMB16.0 million Non-GAAP net income in the third quarter of 2020 and RMB65.1 million Non-GAAP net loss3in the second quarter of 2021.\n\n\nOperating cash flow was RMB2.17 billion (US$336.7 million) in the third quarter of 2021, representing an increase of 133.3% from RMB929.8 million in the third quarter of 2020 and an increase of 54.1% from RMB1.41 billion in the second quarter of 2021.\n\n\nFree cash flow was RMB1.16 billion (US$180.8 million) in the third quarter of 2021, representing an increase of 55.4% from RMB749.9 million in the third quarter of 2020 and an increase of 18.6% from RMB982.1 million in the second quarter of 2021.\n\n\nRecent Developments\nDeliveries Update\n\nIn October 2021, the Company delivered 7,649 Li ONEs, representing a 107.2% increase from October 2020. As of October 31, 2021, the Company had 162 retail stores covering 86 cities, in addition to 223 servicing centers and Li Auto-authorized body and paint shops operating in 165 cities.\n\nExtraordinary General Meeting\n\nOn November 16, 2021, the Company held an extraordinary general meeting (the \"EGM\") of shareholders together with the respective class meetings of holders of Class A ordinary shares and Class B ordinary shares (the \"Class Meetings\") in Beijing, China. Following the EGM and the Class Meetings, the Fifth Amended and Restated Memorandum of Association and Articles of Association was adopted by special resolution, and general unconditional mandates were granted to the directors of the Company by ordinary resolution to issue and repurchase shares.\n\nUpdates on Manufacturing Facilities\n\nBeijing Manufacturing Base\nIn October 2021, the Company officially commenced construction of its Beijing manufacturing base which is scheduled to be operational in 2023. It will serve as an important manufacturing base for Li Auto’s premium BEVs, allowing the Company to meet rising market demand with a more diversified product lineup.\nAligned with the Company’s ESG goals, the Beijing manufacturing base will be built on and leverage the existing site’s infrastructure to achieve high reutilization. It will also adopt leading environmentally friendly production processes in addition to being highly automated, intelligent, and flexible.\n\n\nChangzhou Manufacturing Base\nIn November 2021, the Company acquired from Changzhou Wunan New Energy Vehicle Investment Co., Ltd. 100% of the equity interest in Changzhou Chehejin Standard Factory Construction Co., Ltd. (“Chehejin”), which owns the land use rights and plants that previously had been leased to the Company for the current Changzhou manufacturing base. This transaction strengthens the Company’s control of the Changzhou manufacturing base.\n\nBusiness Outlook\nFor the fourth quarter of 2021, the Company expects:\n\nDeliveries of vehicles to be between 30,000 and 32,000 vehicles, representing an increase of 107.4% to 121.2% from the fourth quarter of 2020.\n\n\nTotal revenues to be between RMB8.82 billion (US$1.37 billion) and RMB9.41 billion (US$1.46 billion), representing an increase of 112.7% to 126.9% from the fourth quarter of 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":987,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873286911,"gmtCreate":1636947868798,"gmtModify":1636947868798,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582281917582725","authorIdStr":"3582281917582725"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873286911","repostId":"1109952016","repostType":4,"repost":{"id":"1109952016","kind":"news","pubTimestamp":1636945464,"share":"https://www.laohu8.com/m/news/1109952016?lang=&edition=full","pubTime":"2021-11-15 11:04","market":"us","language":"en","title":"Netflix Cozying Up To Apple By Letting It Have A Share Of Gaming-Revenue Pie, Says Mark Gurman","url":"https://stock-news.laohu8.com/highlight/detail?id=1109952016","media":"Benzinga","summary":"Users of some Apple Inc NFLX devices got a taste of Netflix Inc gaming last week — but in a move ter","content":"<p>Users of some Apple Inc NFLX devices got a taste of Netflix Inc&nbsp;gaming last week — but in a move termed “surprising” by journalist Mark Gurman, the streaming giant has cozied up to the iPhone maker.</p>\n<p>What Happened: Gurman said that Netflix is allowing its users to sign up for subscriptions inside of its games through Apple’s in-app purchase system.</p>\n<p>“That gives Apple up to a 30% cut. Even more surprising is that those subscriptions also work in the main Netflix video streaming app,” Gurman wrote in his weekly newsletter.</p>\n<p>Gurman said that this is a signal that tensions between Apple and Netflix “seem to be cooling.”</p>\n<p><b>Why It Matters:</b>The development surrounding in-app payments is notable, according to Gurman, because Netflix stopped letting its customers subscribe through Apple’s service in 2018.</p>\n<p>“Now it’s providing a new way to sign up that lets Apple take a cut again,” said Gurman.</p>\n<p>Netflix has yet to reinstate in-app purchases through its main app. Gurman said he does not anticipate that happening,&nbsp;terming the games&nbsp;concession a “major change.”</p>\n<p>“I’m curious to see what this is a precursor to. Perhaps Netflix will ask Apple for an exemption to the ban on all-in-one gaming apps, letting the streaming giant provide a more streamlined offering to its customers.”</p>\n<p>Last week, Netflix&nbsp;launched 5 games&nbsp;for iPhone and iPad users through an app available on the App Store marketplace.</p>\n<p>Gurman noted last week that the&nbsp;<b>Tim Cook</b>-led company was a roadblock in Netflixachieving success in gaming&nbsp;as it ultimately will have to transition the gaming service to a cloud-based one. Apple has previously prevented similar cloud-based services from listing on the App Store.</p>\n<p><b>Price Action:</b>On Friday, Apple shares closed nearly 1.4% higher at $149.99 in the regular session and fell almost 0.2% in the after-hours trading. On the same day, Netflix shares rose 3.81% in the regular session to $682.61 and declined 0.35% in the after-hours trading.</p>","source":"lsy1606299360108","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>Netflix Cozying Up To Apple By Letting It Have A Share Of Gaming-Revenue Pie, Says Mark Gurman</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\">\nNetflix Cozying Up To Apple By Letting It Have A Share Of Gaming-Revenue Pie, Says Mark Gurman\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/11/24083308/netflix-cozying-up-to-apple-by-letting-it-have-a-share-of-gaming-revenue-pie-says-m><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Users of some Apple Inc NFLX devices got a taste of Netflix Inc gaming last week — but in a move termed “surprising” by journalist Mark Gurman, the streaming giant has cozied up to the iPhone maker.\n...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/11/24083308/netflix-cozying-up-to-apple-by-letting-it-have-a-share-of-gaming-revenue-pie-says-m\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/11/24083308/netflix-cozying-up-to-apple-by-letting-it-have-a-share-of-gaming-revenue-pie-says-m","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109952016","content_text":"Users of some Apple Inc NFLX devices got a taste of Netflix Inc gaming last week — but in a move termed “surprising” by journalist Mark Gurman, the streaming giant has cozied up to the iPhone maker.\nWhat Happened: Gurman said that Netflix is allowing its users to sign up for subscriptions inside of its games through Apple’s in-app purchase system.\n“That gives Apple up to a 30% cut. Even more surprising is that those subscriptions also work in the main Netflix video streaming app,” Gurman wrote in his weekly newsletter.\nGurman said that this is a signal that tensions between Apple and Netflix “seem to be cooling.”\nWhy It Matters:The development surrounding in-app payments is notable, according to Gurman, because Netflix stopped letting its customers subscribe through Apple’s service in 2018.\n“Now it’s providing a new way to sign up that lets Apple take a cut again,” said Gurman.\nNetflix has yet to reinstate in-app purchases through its main app. Gurman said he does not anticipate that happening, terming the games concession a “major change.”\n“I’m curious to see what this is a precursor to. Perhaps Netflix will ask Apple for an exemption to the ban on all-in-one gaming apps, letting the streaming giant provide a more streamlined offering to its customers.”\nLast week, Netflix launched 5 games for iPhone and iPad users through an app available on the App Store marketplace.\nGurman noted last week that the Tim Cook-led company was a roadblock in Netflixachieving success in gaming as it ultimately will have to transition the gaming service to a cloud-based one. Apple has previously prevented similar cloud-based services from listing on the App Store.\nPrice Action:On Friday, Apple shares closed nearly 1.4% higher at $149.99 in the regular session and fell almost 0.2% in the after-hours trading. On the same day, Netflix shares rose 3.81% in the regular session to $682.61 and declined 0.35% in the after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":601257627,"gmtCreate":1638538851154,"gmtModify":1638538851223,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582281917582725","idStr":"3582281917582725"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/601257627","repostId":"2188525803","repostType":4,"isVote":1,"tweetType":1,"viewCount":847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873286911,"gmtCreate":1636947868798,"gmtModify":1636947868798,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582281917582725","idStr":"3582281917582725"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873286911","repostId":"1109952016","repostType":4,"isVote":1,"tweetType":1,"viewCount":842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601254582,"gmtCreate":1638538774234,"gmtModify":1638538774324,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582281917582725","idStr":"3582281917582725"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601254582","repostId":"2188854525","repostType":4,"isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696834386,"gmtCreate":1640659983468,"gmtModify":1640659983624,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582281917582725","idStr":"3582281917582725"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696834386","repostId":"1184668150","repostType":4,"isVote":1,"tweetType":1,"viewCount":935,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606245841,"gmtCreate":1638888749993,"gmtModify":1638888750083,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582281917582725","idStr":"3582281917582725"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606245841","repostId":"1151117039","repostType":4,"isVote":1,"tweetType":1,"viewCount":748,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691134602,"gmtCreate":1640146302663,"gmtModify":1640146302822,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582281917582725","idStr":"3582281917582725"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691134602","repostId":"1185656110","repostType":4,"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600540766,"gmtCreate":1638178542212,"gmtModify":1638179119452,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582281917582725","idStr":"3582281917582725"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638176748,"share":"https://www.laohu8.com/m/news/1143786111?lang=&edition=full","pubTime":"2021-11-29 17:05","market":"us","language":"en","title":"Li Auto quarterly results beat estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1143786111","media":"Tiger Newspress","summary":"Quarterly total revenues reached RMB7.78 billion (US$1.21 billion)\n\n\nQuarterly deliveries reached 25","content":"<ul>\n <li>Quarterly total revenues reached RMB7.78 billion (US$1.21 billion)</li>\n</ul>\n<ul>\n <li>Quarterly deliveries reached 25,116 vehicles</li>\n</ul>\n<ul>\n <li>Quarterly gross margin reached 23.3%</li>\n</ul>\n<p>Li Auto shares jumped more than 5% in premarket trading&nbsp;as&nbsp;its quarterly results beat estimates.</p>\n<p><img src=\"https://static.tigerbbs.com/716bb0f77f393b137d18dee310e43c07\" tg-width=\"853\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Li Auto Inc. today announced its unaudited financial results for the quarter ended September 30, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/a1c8d3937ed545698b7cf70f37e5dbb2\" tg-width=\"1170\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><u>Financial Highlights for the Third Quarter of 2021</u></b></p>\n<ul>\n <li><b>Vehicle sales</b>&nbsp;were RMB7.39 billion (US$1.15 billion) in the third quarter of 2021, representing an increase of 199.7% from RMB2.46 billion in the third quarter of 2020 and an increase of 50.6% from RMB4.90 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Vehicle margin</b>&nbsp;was 21.1% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.7% in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Total revenues</b>&nbsp;were RMB7.78 billion (US$1.21 billion) in the third quarter of 2021, representing an increase of 209.7% from RMB2.51 billion in the third quarter of 2020 and an increase of 54.3% from RMB5.04 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Gross profit</b>&nbsp;was RMB1.81 billion (US$281.2 million) in the third quarter of 2021, representing an increase of 264.8% from RMB496.8 million in the third quarter of 2020 and an increase of 90.2% from RMB952.8 million in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Gross margin</b>&nbsp;was 23.3% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.9% in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Loss from operations</b>&nbsp;was RMB97.8 million (US$15.2 million) in the third quarter of 2021, representing a decrease of 45.7% from RMB180.0 million in the third quarter of 2020 and a decrease of 81.8% from RMB535.9 million in the second quarter of 2021.<b>Non-GAAP income from operations3</b>&nbsp;was RMB259.4 million (US$40.3 million) in the third quarter of 2021, compared with RMB45.0 million Non-GAAP loss from operations3in the third quarter of 2020 and RMB365.5 million Non-GAAP loss from operations in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Net loss</b>&nbsp;was RMB21.5 million (US$3.3 million) in the third quarter of 2021, representing a decrease of 79.9% from RMB106.9 million in the third quarter of 2020 and a decrease of 90.9% from RMB235.5 million in the second quarter of 2021.<b>Non-GAAP net income3</b>was RMB335.7 million (US$52.1 million) in the third quarter of 2021, compared with RMB16.0 million Non-GAAP net income in the third quarter of 2020 and RMB65.1 million Non-GAAP net loss3in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Operating cash flow</b>&nbsp;was RMB2.17 billion (US$336.7 million) in the third quarter of 2021, representing an increase of 133.3% from RMB929.8 million in the third quarter of 2020 and an increase of 54.1% from RMB1.41 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Free cash flow</b>&nbsp;was RMB1.16 billion (US$180.8 million) in the third quarter of 2021, representing an increase of 55.4% from RMB749.9 million in the third quarter of 2020 and an increase of 18.6% from RMB982.1 million in the second quarter of 2021.</li>\n</ul>\n<p></p>\n<p><b><u>Recent Developments</u></b></p>\n<p><b>Deliveries Update</b></p>\n<ul>\n <li>In October 2021, the Company delivered 7,649 Li ONEs, representing a 107.2% increase from October 2020. As of October 31, 2021, the Company had 162 retail stores covering 86 cities, in addition to 223 servicing centers and Li Auto-authorized body and paint shops operating in 165 cities.</li>\n</ul>\n<p><b>Extraordinary General Meeting</b></p>\n<ul>\n <li>On November 16, 2021, the Company held an extraordinary general meeting (the \"EGM\") of shareholders together with the respective class meetings of holders of Class A ordinary shares and Class B ordinary shares (the \"Class Meetings\") in Beijing, China. Following the EGM and the Class Meetings, the Fifth Amended and Restated Memorandum of Association and Articles of Association was adopted by special resolution, and general unconditional mandates were granted to the directors of the Company by ordinary resolution to issue and repurchase shares.</li>\n</ul>\n<p><b>Updates on Manufacturing Facilities</b></p>\n<ul>\n <li><b>Beijing Manufacturing Base</b></li>\n <li>In October 2021, the Company officially commenced construction of its Beijing manufacturing base which is scheduled to be operational in 2023. It will serve as an important manufacturing base for Li Auto’s premium BEVs, allowing the Company to meet rising market demand with a more diversified product lineup.</li>\n <li>Aligned with the Company’s ESG goals, the Beijing manufacturing base will be built on and leverage the existing site’s infrastructure to achieve high reutilization. It will also adopt leading environmentally friendly production processes in addition to being highly automated, intelligent, and flexible.</li>\n</ul>\n<ul>\n <li><b>Changzhou Manufacturing Base</b></li>\n <li>In November 2021, the Company acquired from Changzhou Wunan New Energy Vehicle Investment Co., Ltd. 100% of the equity interest in Changzhou Chehejin Standard Factory Construction Co., Ltd. (“Chehejin”), which owns the land use rights and plants that previously had been leased to the Company for the current Changzhou manufacturing base. This transaction strengthens the Company’s control of the Changzhou manufacturing base.</li>\n</ul>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects:</p>\n<ul>\n <li><b>Deliveries of vehicles</b>&nbsp;to be between 30,000 and 32,000 vehicles, representing an increase of 107.4% to 121.2% from the fourth quarter of 2020.</li>\n</ul>\n<ul>\n <li><b>Total revenues</b>&nbsp;to be between RMB8.82 billion (US$1.37 billion) and RMB9.41 billion (US$1.46 billion), representing an increase of 112.7% to 126.9% from the fourth quarter of 2020.</li>\n</ul>","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>Li Auto quarterly results beat estimates</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\">\nLi Auto quarterly results beat estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-29 17:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Quarterly total revenues reached RMB7.78 billion (US$1.21 billion)</li>\n</ul>\n<ul>\n <li>Quarterly deliveries reached 25,116 vehicles</li>\n</ul>\n<ul>\n <li>Quarterly gross margin reached 23.3%</li>\n</ul>\n<p>Li Auto shares jumped more than 5% in premarket trading&nbsp;as&nbsp;its quarterly results beat estimates.</p>\n<p><img src=\"https://static.tigerbbs.com/716bb0f77f393b137d18dee310e43c07\" tg-width=\"853\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Li Auto Inc. today announced its unaudited financial results for the quarter ended September 30, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/a1c8d3937ed545698b7cf70f37e5dbb2\" tg-width=\"1170\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><u>Financial Highlights for the Third Quarter of 2021</u></b></p>\n<ul>\n <li><b>Vehicle sales</b>&nbsp;were RMB7.39 billion (US$1.15 billion) in the third quarter of 2021, representing an increase of 199.7% from RMB2.46 billion in the third quarter of 2020 and an increase of 50.6% from RMB4.90 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Vehicle margin</b>&nbsp;was 21.1% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.7% in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Total revenues</b>&nbsp;were RMB7.78 billion (US$1.21 billion) in the third quarter of 2021, representing an increase of 209.7% from RMB2.51 billion in the third quarter of 2020 and an increase of 54.3% from RMB5.04 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Gross profit</b>&nbsp;was RMB1.81 billion (US$281.2 million) in the third quarter of 2021, representing an increase of 264.8% from RMB496.8 million in the third quarter of 2020 and an increase of 90.2% from RMB952.8 million in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Gross margin</b>&nbsp;was 23.3% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.9% in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Loss from operations</b>&nbsp;was RMB97.8 million (US$15.2 million) in the third quarter of 2021, representing a decrease of 45.7% from RMB180.0 million in the third quarter of 2020 and a decrease of 81.8% from RMB535.9 million in the second quarter of 2021.<b>Non-GAAP income from operations3</b>&nbsp;was RMB259.4 million (US$40.3 million) in the third quarter of 2021, compared with RMB45.0 million Non-GAAP loss from operations3in the third quarter of 2020 and RMB365.5 million Non-GAAP loss from operations in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Net loss</b>&nbsp;was RMB21.5 million (US$3.3 million) in the third quarter of 2021, representing a decrease of 79.9% from RMB106.9 million in the third quarter of 2020 and a decrease of 90.9% from RMB235.5 million in the second quarter of 2021.<b>Non-GAAP net income3</b>was RMB335.7 million (US$52.1 million) in the third quarter of 2021, compared with RMB16.0 million Non-GAAP net income in the third quarter of 2020 and RMB65.1 million Non-GAAP net loss3in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Operating cash flow</b>&nbsp;was RMB2.17 billion (US$336.7 million) in the third quarter of 2021, representing an increase of 133.3% from RMB929.8 million in the third quarter of 2020 and an increase of 54.1% from RMB1.41 billion in the second quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Free cash flow</b>&nbsp;was RMB1.16 billion (US$180.8 million) in the third quarter of 2021, representing an increase of 55.4% from RMB749.9 million in the third quarter of 2020 and an increase of 18.6% from RMB982.1 million in the second quarter of 2021.</li>\n</ul>\n<p></p>\n<p><b><u>Recent Developments</u></b></p>\n<p><b>Deliveries Update</b></p>\n<ul>\n <li>In October 2021, the Company delivered 7,649 Li ONEs, representing a 107.2% increase from October 2020. As of October 31, 2021, the Company had 162 retail stores covering 86 cities, in addition to 223 servicing centers and Li Auto-authorized body and paint shops operating in 165 cities.</li>\n</ul>\n<p><b>Extraordinary General Meeting</b></p>\n<ul>\n <li>On November 16, 2021, the Company held an extraordinary general meeting (the \"EGM\") of shareholders together with the respective class meetings of holders of Class A ordinary shares and Class B ordinary shares (the \"Class Meetings\") in Beijing, China. Following the EGM and the Class Meetings, the Fifth Amended and Restated Memorandum of Association and Articles of Association was adopted by special resolution, and general unconditional mandates were granted to the directors of the Company by ordinary resolution to issue and repurchase shares.</li>\n</ul>\n<p><b>Updates on Manufacturing Facilities</b></p>\n<ul>\n <li><b>Beijing Manufacturing Base</b></li>\n <li>In October 2021, the Company officially commenced construction of its Beijing manufacturing base which is scheduled to be operational in 2023. It will serve as an important manufacturing base for Li Auto’s premium BEVs, allowing the Company to meet rising market demand with a more diversified product lineup.</li>\n <li>Aligned with the Company’s ESG goals, the Beijing manufacturing base will be built on and leverage the existing site’s infrastructure to achieve high reutilization. It will also adopt leading environmentally friendly production processes in addition to being highly automated, intelligent, and flexible.</li>\n</ul>\n<ul>\n <li><b>Changzhou Manufacturing Base</b></li>\n <li>In November 2021, the Company acquired from Changzhou Wunan New Energy Vehicle Investment Co., Ltd. 100% of the equity interest in Changzhou Chehejin Standard Factory Construction Co., Ltd. (“Chehejin”), which owns the land use rights and plants that previously had been leased to the Company for the current Changzhou manufacturing base. This transaction strengthens the Company’s control of the Changzhou manufacturing base.</li>\n</ul>\n<p><b><u>Business Outlook</u></b></p>\n<p>For the fourth quarter of 2021, the Company expects:</p>\n<ul>\n <li><b>Deliveries of vehicles</b>&nbsp;to be between 30,000 and 32,000 vehicles, representing an increase of 107.4% to 121.2% from the fourth quarter of 2020.</li>\n</ul>\n<ul>\n <li><b>Total revenues</b>&nbsp;to be between RMB8.82 billion (US$1.37 billion) and RMB9.41 billion (US$1.46 billion), representing an increase of 112.7% to 126.9% from the fourth quarter of 2020.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","02015":"理想汽车-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143786111","content_text":"Quarterly total revenues reached RMB7.78 billion (US$1.21 billion)\n\n\nQuarterly deliveries reached 25,116 vehicles\n\n\nQuarterly gross margin reached 23.3%\n\nLi Auto shares jumped more than 5% in premarket trading as its quarterly results beat estimates.\n\nLi Auto Inc. today announced its unaudited financial results for the quarter ended September 30, 2021.\n\nFinancial Highlights for the Third Quarter of 2021\n\nVehicle sales were RMB7.39 billion (US$1.15 billion) in the third quarter of 2021, representing an increase of 199.7% from RMB2.46 billion in the third quarter of 2020 and an increase of 50.6% from RMB4.90 billion in the second quarter of 2021.\n\n\nVehicle margin was 21.1% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.7% in the second quarter of 2021.\n\n\nTotal revenues were RMB7.78 billion (US$1.21 billion) in the third quarter of 2021, representing an increase of 209.7% from RMB2.51 billion in the third quarter of 2020 and an increase of 54.3% from RMB5.04 billion in the second quarter of 2021.\n\n\nGross profit was RMB1.81 billion (US$281.2 million) in the third quarter of 2021, representing an increase of 264.8% from RMB496.8 million in the third quarter of 2020 and an increase of 90.2% from RMB952.8 million in the second quarter of 2021.\n\n\nGross margin was 23.3% in the third quarter of 2021, compared with 19.8% in the third quarter of 2020 and 18.9% in the second quarter of 2021.\n\n\nLoss from operations was RMB97.8 million (US$15.2 million) in the third quarter of 2021, representing a decrease of 45.7% from RMB180.0 million in the third quarter of 2020 and a decrease of 81.8% from RMB535.9 million in the second quarter of 2021.Non-GAAP income from operations3 was RMB259.4 million (US$40.3 million) in the third quarter of 2021, compared with RMB45.0 million Non-GAAP loss from operations3in the third quarter of 2020 and RMB365.5 million Non-GAAP loss from operations in the second quarter of 2021.\n\n\nNet loss was RMB21.5 million (US$3.3 million) in the third quarter of 2021, representing a decrease of 79.9% from RMB106.9 million in the third quarter of 2020 and a decrease of 90.9% from RMB235.5 million in the second quarter of 2021.Non-GAAP net income3was RMB335.7 million (US$52.1 million) in the third quarter of 2021, compared with RMB16.0 million Non-GAAP net income in the third quarter of 2020 and RMB65.1 million Non-GAAP net loss3in the second quarter of 2021.\n\n\nOperating cash flow was RMB2.17 billion (US$336.7 million) in the third quarter of 2021, representing an increase of 133.3% from RMB929.8 million in the third quarter of 2020 and an increase of 54.1% from RMB1.41 billion in the second quarter of 2021.\n\n\nFree cash flow was RMB1.16 billion (US$180.8 million) in the third quarter of 2021, representing an increase of 55.4% from RMB749.9 million in the third quarter of 2020 and an increase of 18.6% from RMB982.1 million in the second quarter of 2021.\n\n\nRecent Developments\nDeliveries Update\n\nIn October 2021, the Company delivered 7,649 Li ONEs, representing a 107.2% increase from October 2020. As of October 31, 2021, the Company had 162 retail stores covering 86 cities, in addition to 223 servicing centers and Li Auto-authorized body and paint shops operating in 165 cities.\n\nExtraordinary General Meeting\n\nOn November 16, 2021, the Company held an extraordinary general meeting (the \"EGM\") of shareholders together with the respective class meetings of holders of Class A ordinary shares and Class B ordinary shares (the \"Class Meetings\") in Beijing, China. Following the EGM and the Class Meetings, the Fifth Amended and Restated Memorandum of Association and Articles of Association was adopted by special resolution, and general unconditional mandates were granted to the directors of the Company by ordinary resolution to issue and repurchase shares.\n\nUpdates on Manufacturing Facilities\n\nBeijing Manufacturing Base\nIn October 2021, the Company officially commenced construction of its Beijing manufacturing base which is scheduled to be operational in 2023. It will serve as an important manufacturing base for Li Auto’s premium BEVs, allowing the Company to meet rising market demand with a more diversified product lineup.\nAligned with the Company’s ESG goals, the Beijing manufacturing base will be built on and leverage the existing site’s infrastructure to achieve high reutilization. It will also adopt leading environmentally friendly production processes in addition to being highly automated, intelligent, and flexible.\n\n\nChangzhou Manufacturing Base\nIn November 2021, the Company acquired from Changzhou Wunan New Energy Vehicle Investment Co., Ltd. 100% of the equity interest in Changzhou Chehejin Standard Factory Construction Co., Ltd. (“Chehejin”), which owns the land use rights and plants that previously had been leased to the Company for the current Changzhou manufacturing base. This transaction strengthens the Company’s control of the Changzhou manufacturing base.\n\nBusiness Outlook\nFor the fourth quarter of 2021, the Company expects:\n\nDeliveries of vehicles to be between 30,000 and 32,000 vehicles, representing an increase of 107.4% to 121.2% from the fourth quarter of 2020.\n\n\nTotal revenues to be between RMB8.82 billion (US$1.37 billion) and RMB9.41 billion (US$1.46 billion), representing an increase of 112.7% to 126.9% from the fourth quarter of 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":987,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601257174,"gmtCreate":1638538821785,"gmtModify":1638538821785,"author":{"id":"3582281917582725","authorId":"3582281917582725","name":"NGKH","avatar":"https://static.tigerbbs.com/5199281925fe86e7eaed99d7ef560a4c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582281917582725","idStr":"3582281917582725"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601257174","repostId":"2188540268","repostType":4,"isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}