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Jingyogi
2021-10-26
Trending up
Jingyogi
2021-10-24
Good buy
Jingyogi
2021-10-22
Uptrend now!
Jingyogi
2021-10-18
Buying opportunity!
Jingyogi
2021-10-17
Good alternative
Jingyogi
2021-10-16
Upside potential
Jingyogi
2021-10-15
Upward trend!
Jingyogi
2021-10-14
Trending up
Jingyogi
2021-10-12
Good buying opportunity
Jingyogi
2021-10-09
Good prospects!
Jingyogi
2021-10-06
Good!
Jingyogi
2021-10-03
Going up
Jingyogi
2021-08-24
Good!
抱歉，原内容已删除
Jingyogi
2021-08-16
Good
抱歉，原内容已删除
Jingyogi
2021-07-02
Buying opportunity!
抱歉，原内容已删除
Jingyogi
2021-07-02
Oh no!
抱歉，原内容已删除
Jingyogi
2021-07-02
Kepler dc
Jingyogi
2021-06-17
Next buy
Jingyogi
2021-06-17
Interesting
抱歉，原内容已删除
Jingyogi
2021-06-16
Nice
抱歉，原内容已删除
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no!","listText":"Oh no!","text":"Oh no!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/156172882","repostId":"1169411779","repostType":4,"repost":{"id":"1169411779","pubTimestamp":1625204508,"share":"https://www.laohu8.com/m/news/1169411779?lang=&edition=full","pubTime":"2021-07-02 13:41","market":"us","language":"en","title":"Tesla top-of-range car caught fire while owner was driving, lawyer says","url":"https://stock-news.laohu8.com/highlight/detail?id=1169411779","media":"Reuters","summary":"BERKELEY, California, July 1 (Reuters) - A Tesla Inc Model S Plaid electric vehicle burst into flame","content":"<p>BERKELEY, California, July 1 (Reuters) - A Tesla Inc Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car was delivered following its June launch, an attorney for the driver told Reuters.</p>\n<p>The driver, identified as an \"executive entrepreneur\", was initially not able to get out of the car because its electronic door system failed, prompting the driver to \"use force to push it open,\" Mark Geragos, of Geragos & Geragos, said on Friday.</p>\n<p>The car continued to move for about 35 feet to 40 feet (11 to 12 meters) before turning into a \"fireball\" in a residential area near the owner's Pennsylvania home.</p>\n<p>\"It was a harrowing and horrifying experience,\" Geragos said.</p>\n<p>\"This is a brand new model... We are doing an investigation. We are calling for the S Plaid to be grounded, not to be on the road until we get to the bottom of this,\" he said.</p>\n<p>Tesla did not have an immediate comment when contacted by Reuters.</p>\n<p>Tesla Chief Executive Elon Musk touted the performance version of its Model S sedan as being \"faster than any Porsche, safer than any Volvo\" at a launch event at the automaker's factory in Fremont, California, last month.</p>\n<p>Earlier in April, he said the new Model S sedan and Model X sport utility vehicle had a new battery pack.</p>\n<p>\"It took quite a bit of development to ensure that the battery of the new S/X is safe,\" Musk said on a conference call, addressing production delays. \"There were more challenges than expected in developing the new version.\"</p>\n<p>Local fire authorities in a now-deleted Facebook post said \"a Tesla was on fire\" and that they cooled \"the batteries down to ensure complete extinguishment\".</p>\n<p>The National Highway Traffic Safety Administration (NHTSA) said it is \"in touch with relevant agencies and the manufacturer to gather information about the incident\".</p>\n<p>\"If data or investigations show a defect or an inherent risk to safety exists, NHTSA will take action as appropriate to protect the public,\" the federal safety agency said.</p>","source":"lsy1612507957220","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>Tesla top-of-range car caught fire while owner was driving, lawyer says</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; 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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\">\nTesla top-of-range car caught fire while owner was driving, lawyer says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 13:41 GMT+8 <a href=https://finance.yahoo.com/news/tesla-top-range-car-caught-053603116.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BERKELEY, California, July 1 (Reuters) - A Tesla Inc Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-top-range-car-caught-053603116.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/tesla-top-range-car-caught-053603116.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169411779","content_text":"BERKELEY, California, July 1 (Reuters) - A Tesla Inc Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car was delivered following its June launch, an attorney for the driver told Reuters.\nThe driver, identified as an \"executive entrepreneur\", was initially not able to get out of the car because its electronic door system failed, prompting the driver to \"use force to push it open,\" Mark Geragos, of Geragos & Geragos, said on Friday.\nThe car continued to move for about 35 feet to 40 feet (11 to 12 meters) before turning into a \"fireball\" in a residential area near the owner's Pennsylvania home.\n\"It was a harrowing and horrifying experience,\" Geragos said.\n\"This is a brand new model... We are doing an investigation. We are calling for the S Plaid to be grounded, not to be on the road until we get to the bottom of this,\" he said.\nTesla did not have an immediate comment when contacted by Reuters.\nTesla Chief Executive Elon Musk touted the performance version of its Model S sedan as being \"faster than any Porsche, safer than any Volvo\" at a launch event at the automaker's factory in Fremont, California, last month.\nEarlier in April, he said the new Model S sedan and Model X sport utility vehicle had a new battery pack.\n\"It took quite a bit of development to ensure that the battery of the new S/X is safe,\" Musk said on a conference call, addressing production delays. \"There were more challenges than expected in developing the new version.\"\nLocal fire authorities in a now-deleted Facebook post said \"a Tesla was on fire\" and that they cooled \"the batteries down to ensure complete extinguishment\".\nThe National Highway Traffic Safety Administration (NHTSA) said it is \"in touch with relevant agencies and the manufacturer to gather information about the incident\".\n\"If data or investigations show a defect or an inherent risk to safety exists, NHTSA will take action as appropriate to protect the public,\" the federal safety agency said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163434189,"gmtCreate":1623890951841,"gmtModify":1631888931276,"author":{"id":"3586849030478517","authorId":"3586849030478517","name":"Jingyogi","avatar":"https://static.tigerbbs.com/2a054f719cd6ca285d3e7942e813dd07","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586849030478517","authorIdStr":"3586849030478517"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/163434189","repostId":"2144270718","repostType":4,"repost":{"id":"2144270718","pubTimestamp":1623879249,"share":"https://www.laohu8.com/m/news/2144270718?lang=&edition=full","pubTime":"2021-06-17 05:34","market":"us","language":"en","title":"Fed Sees Two Rate Hikes by End of 2023, Inches Towards Taper","url":"https://stock-news.laohu8.com/highlight/detail?id=2144270718","media":"Bloomberg","summary":"Thirteen of 18 officials see at least one rate hike in 2023\nPowell says Fed to begin discussing scal","content":"<ul>\n <li>Thirteen of 18 officials see at least one rate hike in 2023</li>\n <li>Powell says Fed to begin discussing scaling back bond buying</li>\n</ul>\n<p>Federal Reserve officials sped up their expected pace of policy tightening amid optimism about the labor market and heightened concerns for inflation.</p>\n<p>Fed Chair Jerome Powell told a press conference Wednesday that officials would begin a discussion about scaling back bond purchases used to support financial markets and the economy during the pandemic.</p>\n<p>They also released forecasts that show they anticipate two interest-rate increases by the end of 2023 -- sooner than many thought -- and they upgraded estimates for inflation for the next three years.</p>\n<p>“The economy has clearly made progress,” Powell said after a two-day gathering of the Federal Open Market Committee. “You can think of this meeting as the talking-about-talking-about meeting, if you like,” he added, referring to the discussion about tapering purchases.</p>\n<p><img src=\"https://static.tigerbbs.com/b2eca74e7277de2e0f189f2489e9069e\" tg-width=\"1367\" tg-height=\"616\"></p>\n<p>The central bank held the target range for its benchmark policy rate unchanged at zero to 0.25%, where it’s been since March 2020, and maintained the $120 billion pace of its monthly bond purchases. The Federal Open Market Committee vote was unanimous.</p>\n<p>The more aggressive signal from the Fed’s forecasts saw the dollar rise, stocks decline and yields on 10-year Treasuries jump.</p>\n<p>“It’s a hawkish surprise,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management, referring to the rate projections. “We are looking at a Fed that seems positively surprised by the speed of vaccinations and the ongoing withdrawal of social-distancing measures.”</p>\n<p>The quarterly projections showed 13 of 18 officials favored at least one rate increase by the end of 2023, versus seven in March. Eleven officials saw at least two hikes by the end of that year. In addition, seven of them saw a move as early as 2022, up from four.</p>\n<p>“The dots should be taken with a big grain of salt,” Powell said, referring to the interest-rate forecasts. He cautioned that discussions about raising rates would be “highly premature.”</p>\n<p>The Fed marked up its inflation forecasts through the end of 2023. Officials see their preferred measure of price pressures rising 3.4% in 2021 compared with a March projection of 2.4%. The 2022 forecast rose to 2.1% from 2%, and the 2023 estimate was raised to 2.2% from 2.1%.</p>\n<p>Consumer-price pressures have proven hotter than expected over the last two months. Labor Department figures showed a 0.8% jump in prices in April and a 0.6% rise in May, marking the two biggest monthly increases since 2009.</p>\n<p><img src=\"https://static.tigerbbs.com/b6a86414293205edfd0f505fd64c5ef7\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>“As the reopening continues, shifts in demand can be large and rapid, and bottlenecks, hiring difficulties and other constraints could continue to limit how quickly supply can adjust -- raising the possibility that inflation could turn out to be higher and more persistent than we expect,” Powell said.</p>\n<p>Labor Department reports on employment published since the last gathering of the FOMC in late April, on the other hand, have disappointed relative to forecasters’ expectations. The U.S. unemployment rate was still elevated at 5.8% in May, with total employment still millions of jobs below pre-pandemic levels.</p>\n<p>Even so, the FOMC median projection for unemployment in the fourth quarter of 2021 was unchanged at 4.5%, and the median estimate for the same quarter a year later was marked down to 3.8% from 3.9%. The 2023 forecast was held at 3.5%.</p>\n<p>“I am confident that we are on a path to a very strong labor market,” Powell told reporters. “We learned during the course of the last very long expansion, the longest in our history, that labor supply during a long expansion can exceed expectations.”</p>\n<p><b>GDP Forecasts</b></p>\n<p>The U.S. economic recovery is gathering strength as business restrictions lift and social activity increases across the country. Robust demand from consumers and businesses alike has outstripped capacity, leading to bottlenecks in the supply chain, longer lead times and higher prices.</p>\n<p>Fed officials have said such “fits and starts” are to be expected given the unprecedented nature of the pandemic and expressed optimism about the outlook for the second half of the year as more Americans get vaccinated.</p>\n<p>The FOMC raised its projections for economic growth. Gross domestic product was seen expanding 7% this year, up from a prior projection of 6.5%. It maintained the 2022 expansion forecast at 3.3% and raised the 2023 estimate to 2.4% from March’s 2.2%.</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>Fed Sees Two Rate Hikes by End of 2023, Inches Towards Taper</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\">\nFed Sees Two Rate Hikes by End of 2023, Inches Towards Taper\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 05:34 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thirteen of 18 officials see at least one rate hike in 2023\nPowell says Fed to begin discussing scaling back bond buying\n\nFederal Reserve officials sped up their expected pace of policy tightening ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144270718","content_text":"Thirteen of 18 officials see at least one rate hike in 2023\nPowell says Fed to begin discussing scaling back bond buying\n\nFederal Reserve officials sped up their expected pace of policy tightening amid optimism about the labor market and heightened concerns for inflation.\nFed Chair Jerome Powell told a press conference Wednesday that officials would begin a discussion about scaling back bond purchases used to support financial markets and the economy during the pandemic.\nThey also released forecasts that show they anticipate two interest-rate increases by the end of 2023 -- sooner than many thought -- and they upgraded estimates for inflation for the next three years.\n“The economy has clearly made progress,” Powell said after a two-day gathering of the Federal Open Market Committee. “You can think of this meeting as the talking-about-talking-about meeting, if you like,” he added, referring to the discussion about tapering purchases.\n\nThe central bank held the target range for its benchmark policy rate unchanged at zero to 0.25%, where it’s been since March 2020, and maintained the $120 billion pace of its monthly bond purchases. The Federal Open Market Committee vote was unanimous.\nThe more aggressive signal from the Fed’s forecasts saw the dollar rise, stocks decline and yields on 10-year Treasuries jump.\n“It’s a hawkish surprise,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management, referring to the rate projections. “We are looking at a Fed that seems positively surprised by the speed of vaccinations and the ongoing withdrawal of social-distancing measures.”\nThe quarterly projections showed 13 of 18 officials favored at least one rate increase by the end of 2023, versus seven in March. Eleven officials saw at least two hikes by the end of that year. In addition, seven of them saw a move as early as 2022, up from four.\n“The dots should be taken with a big grain of salt,” Powell said, referring to the interest-rate forecasts. He cautioned that discussions about raising rates would be “highly premature.”\nThe Fed marked up its inflation forecasts through the end of 2023. Officials see their preferred measure of price pressures rising 3.4% in 2021 compared with a March projection of 2.4%. The 2022 forecast rose to 2.1% from 2%, and the 2023 estimate was raised to 2.2% from 2.1%.\nConsumer-price pressures have proven hotter than expected over the last two months. Labor Department figures showed a 0.8% jump in prices in April and a 0.6% rise in May, marking the two biggest monthly increases since 2009.\n\n“As the reopening continues, shifts in demand can be large and rapid, and bottlenecks, hiring difficulties and other constraints could continue to limit how quickly supply can adjust -- raising the possibility that inflation could turn out to be higher and more persistent than we expect,” Powell said.\nLabor Department reports on employment published since the last gathering of the FOMC in late April, on the other hand, have disappointed relative to forecasters’ expectations. The U.S. unemployment rate was still elevated at 5.8% in May, with total employment still millions of jobs below pre-pandemic levels.\nEven so, the FOMC median projection for unemployment in the fourth quarter of 2021 was unchanged at 4.5%, and the median estimate for the same quarter a year later was marked down to 3.8% from 3.9%. The 2023 forecast was held at 3.5%.\n“I am confident that we are on a path to a very strong labor market,” Powell told reporters. “We learned during the course of the last very long expansion, the longest in our history, that labor supply during a long expansion can exceed expectations.”\nGDP Forecasts\nThe U.S. economic recovery is gathering strength as business restrictions lift and social activity increases across the country. Robust demand from consumers and businesses alike has outstripped capacity, leading to bottlenecks in the supply chain, longer lead times and higher prices.\nFed officials have said such “fits and starts” are to be expected given the unprecedented nature of the pandemic and expressed optimism about the outlook for the second half of the year as more Americans get vaccinated.\nThe FOMC raised its projections for economic growth. Gross domestic product was seen expanding 7% this year, up from a prior projection of 6.5%. It maintained the 2022 expansion forecast at 3.3% and raised the 2023 estimate to 2.4% from March’s 2.2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830820162,"gmtCreate":1629059748856,"gmtModify":1631888931258,"author":{"id":"3586849030478517","authorId":"3586849030478517","name":"Jingyogi","avatar":"https://static.tigerbbs.com/2a054f719cd6ca285d3e7942e813dd07","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586849030478517","authorIdStr":"3586849030478517"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830820162","repostId":"1196882604","repostType":4,"repost":{"id":"1196882604","pubTimestamp":1628898125,"share":"https://www.laohu8.com/m/news/1196882604?lang=&edition=full","pubTime":"2021-08-14 07:42","market":"us","language":"en","title":"Palantir: 7 Interesting Things From The Q2 2021 Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=1196882604","media":"seekingalpha","summary":"Summary\n\nFirst, I briefly review the big news and highlights from PLTR's Q2 2021 business update.\nSe","content":"<p><b>Summary</b></p>\n<ul>\n <li>First, I briefly review the big news and highlights from PLTR's Q2 2021 business update.</li>\n <li>Second, I cover some of the details that are less well-known, including comments made by leadership on the earnings call.</li>\n <li>Third, dive into some important details about Alex Karp's compensation, including his insider selling activity; leadership had a response prepared.</li>\n <li>Lastly, I visit several metrics on my radar, including stock-based compensation, contribution margin, and deal value.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/028b3e3b1d2c99f3ee26f213c2fc069f\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\"><span>zirconicusso/iStock via Getty Images</span></p>\n<p>It's likely that you've already heard the news that Palantir (PLTR) just reported astrong Q2 2021. I'm certain there will be plenty of coverage of the empirical results, including the tremendous growth and increased cash flow outlook.</p>\n<p>Here, I'll just highlight those numbers then I'll turn to a few things that came up directly on the earnings call that surprised me.</p>\n<p>First, revenue was up 49%, beating the estimates. it's notable that commercial revenue was up an eye-popping 90%, because it's an area that bears have complained about. This mostly squashes the idea that PLTR is only driven by secret government contracts.</p>\n<p>Second, PLTR closed a ton of deals in Q2. Specifically, they scored 62 deals worth $1 million or more. I like this view:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37ecc00151018d803161b75c01bb4571\" tg-width=\"640\" tg-height=\"320\" referrerpolicy=\"no-referrer\"><span>Source:Palantir Q2 2021 Business Update</span></p>\n<p>Of course, the YoY remaining deal value is interesting but I like the blunt look into the deal size, with <i>30 deals over $5 million and 21 deals over $10 million</i>, because it indicates an ever-spreading reach of customers. That's exactly what's required to drive long-term revenue growth, but also stability.</p>\n<p>Third, it's looking like Q3 is going to work out fairly well. Sales are projected to be about $5 million great than consensus. And, as I've already mentioned, PLTR raised its free cash flow outlook. To be clear, the jump is rather big, going from greater than $150 million to now greater than $300 million.</p>\n<p>I didn't see or hear much about changes in annual revenue growth, but one thing is crystal clear -<i>I do not expect growth to slow down</i>. And, per the presentation and earnings call, growth is expected at 30% or more this year, and then through 2025.</p>\n<p>Interestingly, revenue grew by 49% in Q1 YoY, generating $341 between government and commercial. And now, in Q2, revenue grew by 49% YoY to $376 million. That's two quarters in a row at 49%. It's for this reason that I stick by what I previously wrote about PLTR sandbagging:</p>\n<blockquote>\n In other words, when we start with $800 million for 2021, it's pretty obvious that the 30% growth doesn't cut it. We cannot reach $4 billion by 2025 with \"only\" 30% growth. PLTR is perhapss andbagging to keep expectations lower. It's hard to know for sure. It could also be that they expect faster growth in 2022 through 2025.\n</blockquote>\n<p>I'll have to dive in deeper in a future article to see exactly how current and future growth projections line up against the hard numbers that have come in. For now, my point is simply that they've set the bar at a reasonable albeit conservative level and seeing beats like this is not too shocking, but also encouraging.<i>They're managing Wall Street and the analysts fairly well.</i></p>\n<p>Fourth, in addition to new customer acquisition, the revenue dollar value for PLTR's top 20 customers continues to march upward.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fba540de7f84e50e602dc943d5e985f\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><span>Source: Palantir Q2 2021 Business Update</span></p>\n<p>If it's not completely obvious, this is worth watching since it gives us some confidence that<i>customers are happy and they are sticking</i>. It's not a perfect indicator, but it's still pretty good since unhappy customers aren't going to keep paying PLTR, over and over. Other companies have a tendency to either focus too much on milking current \"cash cow\" customers or getting hyper aggressive about new customers. In the Q2 2021 update, we're seeing a great flow of new customers and then this indicator of growing long-term customer value. It's a delicate but critical balance. I'll continue to watch this in Q3.</p>\n<p>Fifth,in Q1, we heard about \"Day Zero\" customers. Here's a taste:</p>\n<blockquote>\n We are seeing opportunities for companies to build their digital infrastructure around foundry from day zero, where they can shave years off their ramps and mountains of risk off their roadmaps by cost efficiently standing on the shoulders of 15 years and more than $2 billion of R&D. And we see this as the first salvo in expanding distribution of foundry to broader markets and a broader set of customers.\n</blockquote>\n<p>In Q2, PLTR leadership continued to push this theme, highlighting Roivant, Celularity and Wejo, for example. The idea is to get these companies using Foundry while they are just getting started, or otherwise very small. They're treating Foundry as the \"operating system\" of these businesses.</p>\n<p>Supporting this thrust,<i>PLTR added another 60 sales hires</i>. If I recall correctly, they hired about 50 sales people in Q1, so they are steadily adding headcount in sales and marketing, without going gangbusters. That said, their pipeline is accelerating, with active commercial pilots up 26% since the end of April.</p>\n<p>Sixth, I heard leadership quickly say that they have paid off what they owed, and that<i>PLTR is now debt free</i>. In a future article, I'll have to do a deeper dive, but I wanted to report it here since I have an affinity for extremely strong balance sheets. It's possible I didn't understand the comment on the call, but I'm pretty sure that I've got it right. I reviewed the Q2 2021 business presentation but didn't see any notes on this so I'll have to revisit this at a later point. But again, I think I've got it right, and it's great news.</p>\n<p>Lastly, there was a question about Alex Karp's executive compensation, and specifically about the relentless insider selling. Before I get to that, here's some quick background reported by CNBC back in April 2021:</p>\n<blockquote>\n Palantir CEO Alex Karp earned compensation worth about $1.1 billion in 2020, primarily through equity awards granted shortly before his software company went public.In a proxy filing on Thursday, Palantir said the bulk of Karp’s pay was tied to options worth $797.9 million, with another $296.4 million for stock awards. The outsized package is the result of an equity incentive plan agreed upon last year, giving Karp 141 million options that begin vesting in August 2021. Each quarter, 2.5 percent of the equity will vest.\n</blockquote>\n<p>Now, here's just a quick peek about what that selling looks like:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9b2c725b59681121eec807c4650b5ad\" tg-width=\"640\" tg-height=\"295\" referrerpolicy=\"no-referrer\"><span>Source:Nasdaq</span></p>\n<p>Obviously, the action here is pretty intense and it's why it was brought up for consideration. Now, for the sake of simplicity, I'm going to paraphrase the scripted response that was read out loud. In short, Alex Karp has a huge number of options. These options are \"old\" and apparently must be exercised now; I believe before the end of 2021. Furthermore, the selling is automatic, which seems to line up pretty well with the data I've captured above. In other words,<i>Karp's selling isn't because he's lost faith in the company</i>.</p>\n<p>Karp's salary is just over $1 million, which isn't too bad, but it's also not crazy. Clearly, PLTR stock and options are fueling his incredible compensation package. This is a bit frustrating to track, however, when the options vest, get exercised and then sold there are also tremendous taxes to pay. So, in part, Karp is necessarily working through the process of exercising long-term options, while handling tax obligations on a rational schedule.</p>\n<p>Again, all of this is to say two things. Karp's made a ton of money but at the same time, he hasn't given up on PLTR. His selling doesn't say anything substantial about PLTR's future, in my opinion. It's his own mind-boggling personal finance process, that's on display in public as the CEO of PLTR.</p>\n<p>Summarizing everything, PLTR had a strong quarter in Q3 2021 looks like it should be strong as well:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7e76043e7ef8c08556e6972aa0b37d66\" tg-width=\"640\" tg-height=\"286\" referrerpolicy=\"no-referrer\"><span>Source: Palantir Q2 2021 Business Update</span></p>\n<p>And, very quickly,per my previous article:</p>\n<blockquote>\n I'll be looking for a deceleration in stock-based compensation expenses. I'll be looking for strong growth in both government and commercial. I'll be looking at Q2 growth, given the high bar set with 49% growth in Q1 2021. I'll be looking at total remaining deal value, which was about $2.8 billion at the end of Q1 (and up 40% YoY). I am expecting contribution margin to remain high, and hopefully over 60% in Q2.\n</blockquote>\n<ul>\n <li>Stock based compensation increased. I'll have to review this more closely in a future article. It's still a major thorn in my side. Virtually every chart has this phrase in the footnotes:<i>\"...excludes stock-based compensation and related employer payroll taxes.\"</i>It's my #1 issue with PLTR.</li>\n <li>Q2 growth was excellent, as I've pointed out. Both government and commercial did well. And, long-term customers keep sticking and spending, more and more. I like what I'm seeing in terms of growth.</li>\n <li>Deal value increased 63% to $3.4 billion. So, they did very well in that department. That gives us a glimpse into future sales and related growth.</li>\n <li>Lastly, contribution margin didn't hit my big goal of 60%, but it still improved strongly to 58% in Q2 2021 from 55% in Q2 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>Palantir: 7 Interesting Things From The Q2 2021 Earnings Call</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\">\nPalantir: 7 Interesting Things From The Q2 2021 Earnings Call\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 07:42 GMT+8 <a href=https://seekingalpha.com/article/4448920-palantir-seven-interesting-things-from-q2-2021-earnings-call><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nFirst, I briefly review the big news and highlights from PLTR's Q2 2021 business update.\nSecond, I cover some of the details that are less well-known, including comments made by leadership on...</p>\n\n<a href=\"https://seekingalpha.com/article/4448920-palantir-seven-interesting-things-from-q2-2021-earnings-call\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4448920-palantir-seven-interesting-things-from-q2-2021-earnings-call","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196882604","content_text":"Summary\n\nFirst, I briefly review the big news and highlights from PLTR's Q2 2021 business update.\nSecond, I cover some of the details that are less well-known, including comments made by leadership on the earnings call.\nThird, dive into some important details about Alex Karp's compensation, including his insider selling activity; leadership had a response prepared.\nLastly, I visit several metrics on my radar, including stock-based compensation, contribution margin, and deal value.\n\nzirconicusso/iStock via Getty Images\nIt's likely that you've already heard the news that Palantir (PLTR) just reported astrong Q2 2021. I'm certain there will be plenty of coverage of the empirical results, including the tremendous growth and increased cash flow outlook.\nHere, I'll just highlight those numbers then I'll turn to a few things that came up directly on the earnings call that surprised me.\nFirst, revenue was up 49%, beating the estimates. it's notable that commercial revenue was up an eye-popping 90%, because it's an area that bears have complained about. This mostly squashes the idea that PLTR is only driven by secret government contracts.\nSecond, PLTR closed a ton of deals in Q2. Specifically, they scored 62 deals worth $1 million or more. I like this view:\nSource:Palantir Q2 2021 Business Update\nOf course, the YoY remaining deal value is interesting but I like the blunt look into the deal size, with 30 deals over $5 million and 21 deals over $10 million, because it indicates an ever-spreading reach of customers. That's exactly what's required to drive long-term revenue growth, but also stability.\nThird, it's looking like Q3 is going to work out fairly well. Sales are projected to be about $5 million great than consensus. And, as I've already mentioned, PLTR raised its free cash flow outlook. To be clear, the jump is rather big, going from greater than $150 million to now greater than $300 million.\nI didn't see or hear much about changes in annual revenue growth, but one thing is crystal clear -I do not expect growth to slow down. And, per the presentation and earnings call, growth is expected at 30% or more this year, and then through 2025.\nInterestingly, revenue grew by 49% in Q1 YoY, generating $341 between government and commercial. And now, in Q2, revenue grew by 49% YoY to $376 million. That's two quarters in a row at 49%. It's for this reason that I stick by what I previously wrote about PLTR sandbagging:\n\n In other words, when we start with $800 million for 2021, it's pretty obvious that the 30% growth doesn't cut it. We cannot reach $4 billion by 2025 with \"only\" 30% growth. PLTR is perhapss andbagging to keep expectations lower. It's hard to know for sure. It could also be that they expect faster growth in 2022 through 2025.\n\nI'll have to dive in deeper in a future article to see exactly how current and future growth projections line up against the hard numbers that have come in. For now, my point is simply that they've set the bar at a reasonable albeit conservative level and seeing beats like this is not too shocking, but also encouraging.They're managing Wall Street and the analysts fairly well.\nFourth, in addition to new customer acquisition, the revenue dollar value for PLTR's top 20 customers continues to march upward.\nSource: Palantir Q2 2021 Business Update\nIf it's not completely obvious, this is worth watching since it gives us some confidence thatcustomers are happy and they are sticking. It's not a perfect indicator, but it's still pretty good since unhappy customers aren't going to keep paying PLTR, over and over. Other companies have a tendency to either focus too much on milking current \"cash cow\" customers or getting hyper aggressive about new customers. In the Q2 2021 update, we're seeing a great flow of new customers and then this indicator of growing long-term customer value. It's a delicate but critical balance. I'll continue to watch this in Q3.\nFifth,in Q1, we heard about \"Day Zero\" customers. Here's a taste:\n\n We are seeing opportunities for companies to build their digital infrastructure around foundry from day zero, where they can shave years off their ramps and mountains of risk off their roadmaps by cost efficiently standing on the shoulders of 15 years and more than $2 billion of R&D. And we see this as the first salvo in expanding distribution of foundry to broader markets and a broader set of customers.\n\nIn Q2, PLTR leadership continued to push this theme, highlighting Roivant, Celularity and Wejo, for example. The idea is to get these companies using Foundry while they are just getting started, or otherwise very small. They're treating Foundry as the \"operating system\" of these businesses.\nSupporting this thrust,PLTR added another 60 sales hires. If I recall correctly, they hired about 50 sales people in Q1, so they are steadily adding headcount in sales and marketing, without going gangbusters. That said, their pipeline is accelerating, with active commercial pilots up 26% since the end of April.\nSixth, I heard leadership quickly say that they have paid off what they owed, and thatPLTR is now debt free. In a future article, I'll have to do a deeper dive, but I wanted to report it here since I have an affinity for extremely strong balance sheets. It's possible I didn't understand the comment on the call, but I'm pretty sure that I've got it right. I reviewed the Q2 2021 business presentation but didn't see any notes on this so I'll have to revisit this at a later point. But again, I think I've got it right, and it's great news.\nLastly, there was a question about Alex Karp's executive compensation, and specifically about the relentless insider selling. Before I get to that, here's some quick background reported by CNBC back in April 2021:\n\n Palantir CEO Alex Karp earned compensation worth about $1.1 billion in 2020, primarily through equity awards granted shortly before his software company went public.In a proxy filing on Thursday, Palantir said the bulk of Karp’s pay was tied to options worth $797.9 million, with another $296.4 million for stock awards. The outsized package is the result of an equity incentive plan agreed upon last year, giving Karp 141 million options that begin vesting in August 2021. Each quarter, 2.5 percent of the equity will vest.\n\nNow, here's just a quick peek about what that selling looks like:\nSource:Nasdaq\nObviously, the action here is pretty intense and it's why it was brought up for consideration. Now, for the sake of simplicity, I'm going to paraphrase the scripted response that was read out loud. In short, Alex Karp has a huge number of options. These options are \"old\" and apparently must be exercised now; I believe before the end of 2021. Furthermore, the selling is automatic, which seems to line up pretty well with the data I've captured above. In other words,Karp's selling isn't because he's lost faith in the company.\nKarp's salary is just over $1 million, which isn't too bad, but it's also not crazy. Clearly, PLTR stock and options are fueling his incredible compensation package. This is a bit frustrating to track, however, when the options vest, get exercised and then sold there are also tremendous taxes to pay. So, in part, Karp is necessarily working through the process of exercising long-term options, while handling tax obligations on a rational schedule.\nAgain, all of this is to say two things. Karp's made a ton of money but at the same time, he hasn't given up on PLTR. His selling doesn't say anything substantial about PLTR's future, in my opinion. It's his own mind-boggling personal finance process, that's on display in public as the CEO of PLTR.\nSummarizing everything, PLTR had a strong quarter in Q3 2021 looks like it should be strong as well:\nSource: Palantir Q2 2021 Business Update\nAnd, very quickly,per my previous article:\n\n I'll be looking for a deceleration in stock-based compensation expenses. I'll be looking for strong growth in both government and commercial. I'll be looking at Q2 growth, given the high bar set with 49% growth in Q1 2021. I'll be looking at total remaining deal value, which was about $2.8 billion at the end of Q1 (and up 40% YoY). I am expecting contribution margin to remain high, and hopefully over 60% in Q2.\n\n\nStock based compensation increased. I'll have to review this more closely in a future article. It's still a major thorn in my side. Virtually every chart has this phrase in the footnotes:\"...excludes stock-based compensation and related employer payroll taxes.\"It's my #1 issue with PLTR.\nQ2 growth was excellent, as I've pointed out. Both government and commercial did well. And, long-term customers keep sticking and spending, more and more. I like what I'm seeing in terms of growth.\nDeal value increased 63% to $3.4 billion. So, they did very well in that department. That gives us a glimpse into future sales and related growth.\nLastly, contribution margin didn't hit my big goal of 60%, but it still improved strongly to 58% in Q2 2021 from 55% in Q2 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156172797,"gmtCreate":1625206463519,"gmtModify":1631888931260,"author":{"id":"3586849030478517","authorId":"3586849030478517","name":"Jingyogi","avatar":"https://static.tigerbbs.com/2a054f719cd6ca285d3e7942e813dd07","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586849030478517","authorIdStr":"3586849030478517"},"themes":[],"htmlText":"Buying opportunity!","listText":"Buying opportunity!","text":"Buying opportunity!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156172797","repostId":"2148754158","repostType":4,"repost":{"id":"2148754158","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":1625203635,"share":"https://www.laohu8.com/m/news/2148754158?lang=&edition=full","pubTime":"2021-07-02 13:27","market":"hk","language":"en","title":"China, HK stocks eye worst drop in over 3 months on economic growth concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2148754158","media":"Reuters","summary":"SHANGHAI, July 2 (Reuters) - China stocks are on pace to post their biggest one-day drop in more tha","content":"<p>SHANGHAI, July 2 (Reuters) - China stocks are on pace to post their biggest <a href=\"https://laohu8.com/S/AONE\">one</a>-day drop in more than three months on Friday, on concerns over slowing economic growth and tighter credit conditions.</p>\n<p>** Hong Kong stocks also fell, led by technology shares, amid broader weakness in Asia .</p>\n<p>** \"Increased tightening fears out of China combined with greater uncertainly around the impact of the delta variant may have steered confidence sharply lower amongst Asia investors,\" State Street Global Markets said in a statement.</p>\n<p>** The CSI300 index fell 2.4% to 5,105.72 points at the end of the morning session, while the Shanghai Composite Index lost 1.6% at 3,532.23 points. Both indexes are poised to fall the most since March 19 barring a sharp afternoon rebound.</p>\n<p>** In Hong Kong, the Hang Seng index dropped 1.6% to 28,365.36 points and the Hong Kong China Enterprises Index tumbled 2.1% to 10,441.09.</p>\n<p>** \"The market is searching for clearer signs before turning more bullish, given macro growth hiccup and earnings recovery uncertainties ahead of upcoming results season,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> said in a note.</p>\n<p>** The brokerage lowered its forecast for China's second-quarter GDP due to broad-based macro weakness seen in April-June and as both manufacturing and non-manufacturing PMIs further dropped in June.</p>\n<p>** In China, aerospace defence and food & beverage fell more than 3%.</p>\n<p>** Hong Kong's Hang Seng Tech Index, which tracks some of China's biggest technology giants, dropped 3%.</p>\n<p>** The declines in China and Hong Kong were broad based, with property stocks faltering.</p>\n<p>** \"Onshore and offshore capital markets will remain volatile amid tight credit conditions for developers and weak investor sentiment,\" Celine Yang, a Moody's Vice President and Senior Analyst, said in a statement on Friday.</p>\n<p>** Guo Xiaolin, fund manager at asset manager Boshi, advised investors not to be affected too much by short-term volatility. In the new energy vehicle sector, \"if short-term mood swings knocked down share prices, it could be a good buying opportunity,\" Guo added.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China, HK stocks eye worst drop in over 3 months on economic growth concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina, HK stocks eye worst drop in over 3 months on economic growth concerns\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\">2021-07-02 13:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, July 2 (Reuters) - China stocks are on pace to post their biggest <a href=\"https://laohu8.com/S/AONE\">one</a>-day drop in more than three months on Friday, on concerns over slowing economic growth and tighter credit conditions.</p>\n<p>** Hong Kong stocks also fell, led by technology shares, amid broader weakness in Asia .</p>\n<p>** \"Increased tightening fears out of China combined with greater uncertainly around the impact of the delta variant may have steered confidence sharply lower amongst Asia investors,\" State Street Global Markets said in a statement.</p>\n<p>** The CSI300 index fell 2.4% to 5,105.72 points at the end of the morning session, while the Shanghai Composite Index lost 1.6% at 3,532.23 points. Both indexes are poised to fall the most since March 19 barring a sharp afternoon rebound.</p>\n<p>** In Hong Kong, the Hang Seng index dropped 1.6% to 28,365.36 points and the Hong Kong China Enterprises Index tumbled 2.1% to 10,441.09.</p>\n<p>** \"The market is searching for clearer signs before turning more bullish, given macro growth hiccup and earnings recovery uncertainties ahead of upcoming results season,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> said in a note.</p>\n<p>** The brokerage lowered its forecast for China's second-quarter GDP due to broad-based macro weakness seen in April-June and as both manufacturing and non-manufacturing PMIs further dropped in June.</p>\n<p>** In China, aerospace defence and food & beverage fell more than 3%.</p>\n<p>** Hong Kong's Hang Seng Tech Index, which tracks some of China's biggest technology giants, dropped 3%.</p>\n<p>** The declines in China and Hong Kong were broad based, with property stocks faltering.</p>\n<p>** \"Onshore and offshore capital markets will remain volatile amid tight credit conditions for developers and weak investor sentiment,\" Celine Yang, a Moody's Vice President and Senior Analyst, said in a statement on Friday.</p>\n<p>** Guo Xiaolin, fund manager at asset manager Boshi, advised investors not to be affected too much by short-term volatility. In the new energy vehicle sector, \"if short-term mood swings knocked down share prices, it could be a good buying opportunity,\" Guo added.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148754158","content_text":"SHANGHAI, July 2 (Reuters) - China stocks are on pace to post their biggest one-day drop in more than three months on Friday, on concerns over slowing economic growth and tighter credit conditions.\n** Hong Kong stocks also fell, led by technology shares, amid broader weakness in Asia .\n** \"Increased tightening fears out of China combined with greater uncertainly around the impact of the delta variant may have steered confidence sharply lower amongst Asia investors,\" State Street Global Markets said in a statement.\n** The CSI300 index fell 2.4% to 5,105.72 points at the end of the morning session, while the Shanghai Composite Index lost 1.6% at 3,532.23 points. Both indexes are poised to fall the most since March 19 barring a sharp afternoon rebound.\n** In Hong Kong, the Hang Seng index dropped 1.6% to 28,365.36 points and the Hong Kong China Enterprises Index tumbled 2.1% to 10,441.09.\n** \"The market is searching for clearer signs before turning more bullish, given macro growth hiccup and earnings recovery uncertainties ahead of upcoming results season,\" Morgan Stanley said in a note.\n** The brokerage lowered its forecast for China's second-quarter GDP due to broad-based macro weakness seen in April-June and as both manufacturing and non-manufacturing PMIs further dropped in June.\n** In China, aerospace defence and food & beverage fell more than 3%.\n** Hong Kong's Hang Seng Tech Index, which tracks some of China's biggest technology giants, dropped 3%.\n** The declines in China and Hong Kong were broad based, with property stocks faltering.\n** \"Onshore and offshore capital markets will remain volatile amid tight credit conditions for developers and weak investor sentiment,\" Celine Yang, a Moody's Vice President and Senior Analyst, said in a statement on Friday.\n** Guo Xiaolin, fund manager at asset manager Boshi, advised investors not to be affected too much by short-term volatility. 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