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2021-12-17

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Singapore Stock Market Expected To Remain Rangebound

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Hedge funds set to end 2021 with inflows for first time in three years

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Sources: Rivian to build $5B electric truck plant in Georgia

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The Straits Times Index now sits just beneath the 3,130-point plateau although it figures to turn lower again on Friday.</p>\n<p>The global forecast for the Asian&nbsp;markets&nbsp;is mixed to lower, with profit taking - especially among technology stocks - fueling a downward correction after sharp gains a day earlier. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.</p>\n<p>The STI finished modestly higher on Thursday following gains from the financial shares and the industrials.</p>\n<p>For the day, the index improved 13.92 points or 0.45 percent to finish at 3,128.80 after trading between 3,113.05 and 3,137.31. Volume was 941 million shares worth 979.1 million Singapore dollars. There were 265 gainers and 202 decliners.</p>\n<p>Among the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust retreated 0.50 percent, City Developments plummeted 2.69 percent, Comfort DelGro tumbled 1.43 percent, Dairy Farm International plunged 2.48 percent, DBS Group spiked 1.35 percent, Hongkong Land tanked 1.85 percent, Keppel Corp gained 0.39 percent, Oversea-Chinese Banking Corporation collected 0.80 percent, SATS added 0.52 percent, SembCorp Industries surged 3.59 percent, Singapore Airlines dipped 0.20 percent, Singapore Exchange fell 0.21 percent, Singapore Technologies Engineering rose 0.27 percent, SingTel advanced 0.83 percent, United Overseas Bank climbed 1.31 percent, Yangzijiang Shipbuilding sank 0.77 percent and Singapore Press Holdings, Wilmar International, Mapletree Commercial Trust, Mapletree Logistics Trust, Genting Singapore and Thai Beverage were unchanged.</p>\n<p>The lead from Wall Street is negative as the major averages opened slightly higher on Thursday but quickly turned lower, sinking to session lows at the close.</p>\n<p>The Dow dipped 29.79 points or 0.08 percent to finish at 35,897.64, while the NASDAQ plummeted 385.15 points or 2.47 percent to close at 15,180.43 and the S&amp;P 500 sank 41.18 points or 0.87 percent to end at 4,668.67.</p>\n<p>The pull back on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday, which was to accelerate the pace of tapering its asset purchases and forecast as many as three interest rate hikes next year.</p>\n<p>While some stocks benefited from reduced uncertainty about the outlook for monetary policy, high-growth tech stocks fell sharply amid concerns about the impact of higher interest rates.</p>\n<p>In economic news, the Labor Department noted a modest rebound in first-time jobless claims last week, while the Fed also said U.S. industrial production increased less than expected in November. Also, the Commerce Department said housing starts and building permits both surged much more than expected last month.</p>\n<p>Crude oil futures settled higher Thursday, aided by data showing increased demand for energy in the U.S. and a larger than expected drop in U.S. crude stockpiles last week. West Texas Intermediate Crude oil futures for January ended higher by $1.51 or 2.1 percent at $72.38 a barrel.</p>","source":"lsy1626938412129","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>Singapore Stock Market Expected To Remain Rangebound</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\">\nSingapore Stock Market Expected To Remain Rangebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits ...</p>\n\n<a href=\"https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113560897","content_text":"The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,130-point plateau although it figures to turn lower again on Friday.\nThe global forecast for the Asian markets is mixed to lower, with profit taking - especially among technology stocks - fueling a downward correction after sharp gains a day earlier. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.\nThe STI finished modestly higher on Thursday following gains from the financial shares and the industrials.\nFor the day, the index improved 13.92 points or 0.45 percent to finish at 3,128.80 after trading between 3,113.05 and 3,137.31. Volume was 941 million shares worth 979.1 million Singapore dollars. There were 265 gainers and 202 decliners.\nAmong the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust retreated 0.50 percent, City Developments plummeted 2.69 percent, Comfort DelGro tumbled 1.43 percent, Dairy Farm International plunged 2.48 percent, DBS Group spiked 1.35 percent, Hongkong Land tanked 1.85 percent, Keppel Corp gained 0.39 percent, Oversea-Chinese Banking Corporation collected 0.80 percent, SATS added 0.52 percent, SembCorp Industries surged 3.59 percent, Singapore Airlines dipped 0.20 percent, Singapore Exchange fell 0.21 percent, Singapore Technologies Engineering rose 0.27 percent, SingTel advanced 0.83 percent, United Overseas Bank climbed 1.31 percent, Yangzijiang Shipbuilding sank 0.77 percent and Singapore Press Holdings, Wilmar International, Mapletree Commercial Trust, Mapletree Logistics Trust, Genting Singapore and Thai Beverage were unchanged.\nThe lead from Wall Street is negative as the major averages opened slightly higher on Thursday but quickly turned lower, sinking to session lows at the close.\nThe Dow dipped 29.79 points or 0.08 percent to finish at 35,897.64, while the NASDAQ plummeted 385.15 points or 2.47 percent to close at 15,180.43 and the S&P 500 sank 41.18 points or 0.87 percent to end at 4,668.67.\nThe pull back on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday, which was to accelerate the pace of tapering its asset purchases and forecast as many as three interest rate hikes next year.\nWhile some stocks benefited from reduced uncertainty about the outlook for monetary policy, high-growth tech stocks fell sharply amid concerns about the impact of higher interest rates.\nIn economic news, the Labor Department noted a modest rebound in first-time jobless claims last week, while the Fed also said U.S. industrial production increased less than expected in November. Also, the Commerce Department said housing starts and building permits both surged much more than expected last month.\nCrude oil futures settled higher Thursday, aided by data showing increased demand for energy in the U.S. and a larger than expected drop in U.S. crude stockpiles last week. West Texas Intermediate Crude oil futures for January ended higher by $1.51 or 2.1 percent at $72.38 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690989049,"gmtCreate":1639621433693,"gmtModify":1639621433693,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690989049","repostId":"1192225285","repostType":4,"isVote":1,"tweetType":1,"viewCount":1559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690913856,"gmtCreate":1639620718064,"gmtModify":1639620749835,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690913856","repostId":"1191840172","repostType":4,"repost":{"id":"1191840172","pubTimestamp":1639608150,"share":"https://www.laohu8.com/m/news/1191840172?lang=&edition=full","pubTime":"2021-12-16 06:42","market":"us","language":"en","title":"Sources: Rivian to build $5B electric truck plant in Georgia","url":"https://stock-news.laohu8.com/highlight/detail?id=1191840172","media":"Associated Press","summary":"ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a ","content":"<p>ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told The Associated Press.</p>\n<p>Rivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging both established automakers like Ford and General Motors and electric vehicle leader Tesla.</p>\n<p>The plant could grow to as many as 10,000 workers, sources said, which would make it among the largest auto assembly complexes in the United States, rivaled by behemoths such as the 11,000-worker BMW complex in Spartanburg, South Carolina, and Ford Motor Co.’s 8,600-worker plant in Louisville, Kentucky.</p>\n<p>Rivian will be the largest industrial announcement in Georgia history, surpassing the 4,400-worker Kia complex that opened in West Point in 2009. Georgia has had a number of failed auto plant recruitments. Rivian will give Georgia Gov. Brian Kemp another point to bolster his claims that he has been an excellent steward of Georgia’s economy, even as faces Republican and Democratic challengers when he runs for reelection next year.</p>\n<p>The city of Fort Worth, Texas, offered Rivian a $440 million incentive package to lure the plant during the summer, while published reports indicate Rivian also considered sites in Arizona and Michigan.</p>\n<p>Rivian told Fort Worth its plant would make 200,000 vehicles per year, with workers paid at least $56,000 a year.</p>\n<p>The Atlanta Journal-Constitution was the first to report Rivian’s decision.</p>\n<p>Founder and CEO Robert Scaringe told Bloomberg Television in November that the ability to recruit good workers was the most important factor in the decision. Rivian’s existing plant in Normal, Illinois, like most auto plants that have opened in recent decades, is not unionized.</p>\n<p>Georgia officials are unlikely to detail the full incentive package offered to Rivian on Thursday, but the company could max out what Georgia calls its “mega project tax credit,” for companies that hire at least 1,800 people or invest at least $450 million. That could be worth $118 million in state income tax credits. Local governments are likely to abate property taxes.</p>\n<p>Kia got more than $450 million in incentives for its plant southwest of Atlanta. Georgia has promised $300 million of incentives to the $2.6 billion, 2,600-worker battery plant being built by SK Innovation in Commerce, Georgia, northeast of Atlanta.</p>\n<p>Rivian, like Tesla, deals with its customers directly instead of through dealers. Its arrival in Georgia could prompt the state to loosen a law that mostly prohibits manufacturers from selling directly.</p>\n<p>Rivian currently plans two models for consumers — the R1T pickup with a base price of $67,500 and the R1S SUV, with a base price of $70,000. The truck was recently named Motor Trend’s 2022 truck of the year.</p>\n<p>Amazon, which owns a slice of the company, has ordered 100,000 delivery vans, launching Rivian into the commercial vehicle business.</p>\n<p>Rivian is flush with cash following a $11.9 billion stock offering Nov. 10 that took the company public, allowing it to finance the new plant. Its market value is nearly $95 billion, more than either General Motors or Ford.</p>\n<p>The company argues that electric vehicle adoption is at the “tipping point” and it is well positioned for success because trucks and SUVs have long been the most profitable vehicles sold. But some analysts question whether it needs another plant besides the former Mitsubishi plant in Illinois, that Rivian bought for $16 million in 2017. Rivian says it has a yearly capacity of 150,000 vehicles, but is looking to expand there as well.</p>\n<p>“It seems like it might be a little premature to invest that much in another large plant just yet,” said Sam Abuelsamid, principal mobility analyst for Guidehouse Insights, who said Rivian also may be looking for a manufacturing site in Europe.</p>\n<p>Given the size of the Georgia plant, Abuelsamid expects it to make other parts for the vehicles, similar to electric vehicle leader Tesla making seats at its factory in Fremont, California.</p>\n<p>Rivian has cash in the bank, but will burn through that quickly unless it starts delivering vehicles and generating cash, jeopardizing its market darling status, Abuelsamid said. The company needs more retail customers and commercial vehicle buyers other than Amazon, he said.</p>\n<p>“If actual deliveries don’t start picking up, the markets could turn against them as they have with some other EV startups not called Tesla,” Abuelsamid said. “Unlike Tesla, Rivian will be facing serious competition in a much shorter time frame than the near- decade head start that Tesla had.”</p>\n<p>Ford and GM plan to start selling their own electric pickup trucks in the next year or two, while Tesla also plans a new pickup. That’s part of a wave of electric vehicle investment, with SK’s $5 billion battery plant northeast of Atlanta just one example. Ford announced in September it would spend $11.4 billion to build three battery factories and an assembly plant in Kentucky and Tennessee.</p>\n<p>The LMC Automotive consulting firm expects U.S. sales of new fully electric vehicles to hit nearly 400,000 this year, nearly double last year’s figures. But they still make up only about 2.6% of sales. The firm expects sales to grow to more than 730,000 next year and more than 2 million by 2025. Even at 2 million, EV sales still would be only about 12% of U.S. new vehicle sales.</p>","source":"lsy1603278176698","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>Sources: Rivian to build $5B electric truck plant in Georgia</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; 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}\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\">\nSources: Rivian to build $5B electric truck plant in Georgia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 06:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad><strong>Associated Press</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, ...</p>\n\n<a href=\"https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad\">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://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191840172","content_text":"ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told The Associated Press.\nRivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging both established automakers like Ford and General Motors and electric vehicle leader Tesla.\nThe plant could grow to as many as 10,000 workers, sources said, which would make it among the largest auto assembly complexes in the United States, rivaled by behemoths such as the 11,000-worker BMW complex in Spartanburg, South Carolina, and Ford Motor Co.’s 8,600-worker plant in Louisville, Kentucky.\nRivian will be the largest industrial announcement in Georgia history, surpassing the 4,400-worker Kia complex that opened in West Point in 2009. Georgia has had a number of failed auto plant recruitments. Rivian will give Georgia Gov. Brian Kemp another point to bolster his claims that he has been an excellent steward of Georgia’s economy, even as faces Republican and Democratic challengers when he runs for reelection next year.\nThe city of Fort Worth, Texas, offered Rivian a $440 million incentive package to lure the plant during the summer, while published reports indicate Rivian also considered sites in Arizona and Michigan.\nRivian told Fort Worth its plant would make 200,000 vehicles per year, with workers paid at least $56,000 a year.\nThe Atlanta Journal-Constitution was the first to report Rivian’s decision.\nFounder and CEO Robert Scaringe told Bloomberg Television in November that the ability to recruit good workers was the most important factor in the decision. Rivian’s existing plant in Normal, Illinois, like most auto plants that have opened in recent decades, is not unionized.\nGeorgia officials are unlikely to detail the full incentive package offered to Rivian on Thursday, but the company could max out what Georgia calls its “mega project tax credit,” for companies that hire at least 1,800 people or invest at least $450 million. That could be worth $118 million in state income tax credits. Local governments are likely to abate property taxes.\nKia got more than $450 million in incentives for its plant southwest of Atlanta. Georgia has promised $300 million of incentives to the $2.6 billion, 2,600-worker battery plant being built by SK Innovation in Commerce, Georgia, northeast of Atlanta.\nRivian, like Tesla, deals with its customers directly instead of through dealers. Its arrival in Georgia could prompt the state to loosen a law that mostly prohibits manufacturers from selling directly.\nRivian currently plans two models for consumers — the R1T pickup with a base price of $67,500 and the R1S SUV, with a base price of $70,000. The truck was recently named Motor Trend’s 2022 truck of the year.\nAmazon, which owns a slice of the company, has ordered 100,000 delivery vans, launching Rivian into the commercial vehicle business.\nRivian is flush with cash following a $11.9 billion stock offering Nov. 10 that took the company public, allowing it to finance the new plant. Its market value is nearly $95 billion, more than either General Motors or Ford.\nThe company argues that electric vehicle adoption is at the “tipping point” and it is well positioned for success because trucks and SUVs have long been the most profitable vehicles sold. But some analysts question whether it needs another plant besides the former Mitsubishi plant in Illinois, that Rivian bought for $16 million in 2017. Rivian says it has a yearly capacity of 150,000 vehicles, but is looking to expand there as well.\n“It seems like it might be a little premature to invest that much in another large plant just yet,” said Sam Abuelsamid, principal mobility analyst for Guidehouse Insights, who said Rivian also may be looking for a manufacturing site in Europe.\nGiven the size of the Georgia plant, Abuelsamid expects it to make other parts for the vehicles, similar to electric vehicle leader Tesla making seats at its factory in Fremont, California.\nRivian has cash in the bank, but will burn through that quickly unless it starts delivering vehicles and generating cash, jeopardizing its market darling status, Abuelsamid said. The company needs more retail customers and commercial vehicle buyers other than Amazon, he said.\n“If actual deliveries don’t start picking up, the markets could turn against them as they have with some other EV startups not called Tesla,” Abuelsamid said. “Unlike Tesla, Rivian will be facing serious competition in a much shorter time frame than the near- decade head start that Tesla had.”\nFord and GM plan to start selling their own electric pickup trucks in the next year or two, while Tesla also plans a new pickup. That’s part of a wave of electric vehicle investment, with SK’s $5 billion battery plant northeast of Atlanta just one example. Ford announced in September it would spend $11.4 billion to build three battery factories and an assembly plant in Kentucky and Tennessee.\nThe LMC Automotive consulting firm expects U.S. sales of new fully electric vehicles to hit nearly 400,000 this year, nearly double last year’s figures. But they still make up only about 2.6% of sales. The firm expects sales to grow to more than 730,000 next year and more than 2 million by 2025. Even at 2 million, EV sales still would be only about 12% of U.S. new vehicle sales.","news_type":1},"isVote":1,"tweetType":1,"viewCount":697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690919561,"gmtCreate":1639620671894,"gmtModify":1639620671894,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690919561","repostId":"2191599758","repostType":4,"repost":{"id":"2191599758","pubTimestamp":1639609460,"share":"https://www.laohu8.com/m/news/2191599758?lang=&edition=full","pubTime":"2021-12-16 07:04","market":"us","language":"en","title":"Apple Scraps Office-Return Deadline Without Setting New Date","url":"https://stock-news.laohu8.com/highlight/detail?id=2191599758","media":"Bloomberg","summary":"Company had planned to bring corporate workers back by Feb. 1\nDelay comes in response to rising Covi","content":"<ul>\n <li>Company had planned to bring corporate workers back by Feb. 1</li>\n <li>Delay comes in response to rising Covid-19 cases, new variant</li>\n</ul>\n<p>Apple Inc., facing a resurgence in Covid-19 cases and a fast-spreading new variant, is delaying its corporate return-to-office deadline from Feb. 1 to a “date yet to be determined.”</p>\n<p>Employees were informed of the move via a memo sent by Chief Executive Officer Tim Cook on Wednesday. An Apple spokesman confirmed the decision to Bloomberg News.</p>\n<p>The delay comes just weeks after the company asked employees to begin returning by February, a timeline that had already been pushed back several times. The lack of a firm date shows the struggle that companies face in trying to get their operations back to normal. Fellow tech giant Microsoft Corp. scrapped its return-to-work date in September.</p>\n<p>“We are delaying the start of our hybrid work pilot to a date yet to be determined,” Cook said in the memo. “Our offices remain open and many of our colleagues are coming in regularly, including our teams in Greater China and elsewhere.”</p>\n<p>He cited “rising cases in many parts of the world and the emergence of a new strain of the virus.” Cook also strongly encouraged employees to receive vaccinations and booster shots, saying “this is by far the best way to keep you and your community safe.”</p>\n<p>Apple had previously delayed its office-return plans from June, September, October and January. The latest decision comes the same week that the company restored its mask mandate to all U.S. retail stores and temporarily shut three locations because of rising virus cases among employees.</p>\n<p>In the memo, Cook also said the Cupertino, California-based company will provide each employee a $1,000 bonus that may be used for work-from-home needs, saying it’s “in support of our commitment to a more flexible environment.” That includes retail workers.</p>\n<p>“These funds are intended to help you with your home workspace and can be used as you see fit. You will be receiving more information about this shortly,” he said.</p>\n<p>When Apple’s staff eventually returns to the office, they will be expected to work in-person on Mondays, Tuesdays and Thursdays. They will be allowed to work from home on Wednesdays and Fridays depending on their team. The company is also offering an additional one month of work from home time.</p>\n<p>Apple workers will get at least four weeks notice before a new back-to-the-office deadline takes effect, Cook said.</p>\n<p>“As we look forward to more of our teams being together again, we will continue to make decisions based on local conditions,” 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>Apple Scraps Office-Return Deadline Without Setting New Date</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\">\nApple Scraps Office-Return Deadline Without Setting New Date\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 07:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-15/apple-delays-return-to-office-until-date-yet-to-be-determined?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company had planned to bring corporate workers back by Feb. 1\nDelay comes in response to rising Covid-19 cases, new variant\n\nApple Inc., facing a resurgence in Covid-19 cases and a fast-spreading new ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-15/apple-delays-return-to-office-until-date-yet-to-be-determined?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4566":"资本集团","AAPL":"苹果","BK4532":"文艺复兴科技持仓","MSFT":"微软","BK4515":"5G概念","BK4554":"元宇宙及AR概念","BK4553":"喜马拉雅资本持仓","BK4170":"电脑硬件、储存设备及电脑周边","BK4017":"黄金","BK4534":"瑞士信贷持仓","BK4527":"明星科技股","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","BK4505":"高瓴资本持仓","BK4501":"段永平概念","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-15/apple-delays-return-to-office-until-date-yet-to-be-determined?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191599758","content_text":"Company had planned to bring corporate workers back by Feb. 1\nDelay comes in response to rising Covid-19 cases, new variant\n\nApple Inc., facing a resurgence in Covid-19 cases and a fast-spreading new variant, is delaying its corporate return-to-office deadline from Feb. 1 to a “date yet to be determined.”\nEmployees were informed of the move via a memo sent by Chief Executive Officer Tim Cook on Wednesday. An Apple spokesman confirmed the decision to Bloomberg News.\nThe delay comes just weeks after the company asked employees to begin returning by February, a timeline that had already been pushed back several times. The lack of a firm date shows the struggle that companies face in trying to get their operations back to normal. Fellow tech giant Microsoft Corp. scrapped its return-to-work date in September.\n“We are delaying the start of our hybrid work pilot to a date yet to be determined,” Cook said in the memo. “Our offices remain open and many of our colleagues are coming in regularly, including our teams in Greater China and elsewhere.”\nHe cited “rising cases in many parts of the world and the emergence of a new strain of the virus.” Cook also strongly encouraged employees to receive vaccinations and booster shots, saying “this is by far the best way to keep you and your community safe.”\nApple had previously delayed its office-return plans from June, September, October and January. The latest decision comes the same week that the company restored its mask mandate to all U.S. retail stores and temporarily shut three locations because of rising virus cases among employees.\nIn the memo, Cook also said the Cupertino, California-based company will provide each employee a $1,000 bonus that may be used for work-from-home needs, saying it’s “in support of our commitment to a more flexible environment.” That includes retail workers.\n“These funds are intended to help you with your home workspace and can be used as you see fit. You will be receiving more information about this shortly,” he said.\nWhen Apple’s staff eventually returns to the office, they will be expected to work in-person on Mondays, Tuesdays and Thursdays. They will be allowed to work from home on Wednesdays and Fridays depending on their team. The company is also offering an additional one month of work from home time.\nApple workers will get at least four weeks notice before a new back-to-the-office deadline takes effect, Cook said.\n“As we look forward to more of our teams being together again, we will continue to make decisions based on local conditions,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690934481,"gmtCreate":1639620441681,"gmtModify":1639620441681,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok, please like","listText":"ok, please like","text":"ok, please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690934481","repostId":"1181071895","repostType":4,"isVote":1,"tweetType":1,"viewCount":1268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690936814,"gmtCreate":1639620125975,"gmtModify":1639620242400,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690936814","repostId":"1143355851","repostType":4,"repost":{"id":"1143355851","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":1639614208,"share":"https://www.laohu8.com/m/news/1143355851?lang=&edition=full","pubTime":"2021-12-16 08:23","market":"us","language":"en","title":"Hedge funds set to end 2021 with inflows for first time in three years","url":"https://stock-news.laohu8.com/highlight/detail?id=1143355851","media":"Reuters","summary":"Dec 15 (Reuters) - Global hedge funds are poised to achieve positive inflows in 2021, for the first ","content":"<p>Dec 15 (Reuters) - Global hedge funds are poised to achieve positive inflows in 2021, for the first time in three years, data from Preqin shows, thanks to strong returns and an investor shift to alternative assets during a period of volatility and rising inflation.</p>\n<p>Alternative assets data and analytics firm Preqin's data shows hedge funds have attracted flows totalling $40.9 billion in the first three quarters of the year, after outflows of $97.2 billion and $44.5 billion in 2019 and 2020 respectively.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf095e193df69f33f79e196a7748e31a\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Quarterly flows into hedge funds</span></p>\n<p>\"Investors are looking to hedge funds to achieve a measure of diversification, particularly considering that the specter of inflation has recently entered the fray,\" Benjamin Crawford, vice president and head of research at alternate investment data firm BarclayHedge, said.</p>\n<p>\"Several sectors of the hedge fund industry have a well-earned reputation for shielding assets from inflation.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c20b4bc6933032a45f91ec17ac816d6\" tg-width=\"960\" tg-height=\"431\" width=\"100%\" height=\"auto\"><span>Hedge funds' total asset under management</span></p>\n<p>Analysts said the inflows are likely to rise further next year due to increased market volatility and uncertainty over the Omicron variant of COVID-19.</p>\n<p>Data from Preqin showed global hedge funds gained 13.9% on average between January and November this year, marking their third successive year of returns above 10%. That compares with the MSCI global stock index's&nbsp;gain of 12.4% in the same period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c88ae2c703c96d267565828734c091a3\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Yearly performance of hedge funds</span></p>\n<p>Event-driven strategies, which bet on corporate changes such as mergers and restructurings, led with a 15.1% gain, while equity strategies delivered a 12.3% gain.</p>\n<p>On the other hand, macro strategy funds provided just 7% return in the first eleven months of 2021, compared with more than 14% in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a66e9e01d87ac8a62ca99b7b7db6c2e3\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Hedge funds performance by strategy</span></p>\n<p>\"Global macro hedge funds have been challenged, as some common themes at the start of the year have not played out as planned, such as the steepening yield curve theme and weakness in the US dollar,\" Robert Christian, co-chief investment officer at K2 Advisors, said.</p>\n<p>According to eVestment data, multi-strategy funds and managed futures funds were the biggest recipients of cash into hedge funds between January and October this year, taking in $24.7 billion and $13.1 billion respectively.</p>\n<p>Long/short equity funds, on the other hand, witnessed the highest outflow of $12.6 billion this year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/362f58863b54c486a0a5361feb8285b6\" tg-width=\"960\" tg-height=\"431\" width=\"100%\" height=\"auto\"><span>Fund inflows by hedge fund strategies</span></p>\n<p>Broken down by region, U.S. hedge funds attracted $44.3 billion this year, while Europe and Asian funds obtained $2.95 billion and $2.34 billion respectively.</p>\n<p>On the other hand, emerging market funds saw outflows totalling $4.86 billion, the data showed.</p>\n<p>\"Seemingly, everyone is finding a reason to put their assets into hedge funds, regardless of whether they think the current moment portends doom, the coming of a halcyon age, or have absolutely no idea what's ahead but don't want to be caught off guard either way,\" BarclayHedge's Crawford said.</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>Hedge funds set to end 2021 with inflows for first time in three years</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\">\nHedge funds set to end 2021 with inflows for first time in three years\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\">2021-12-16 08:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 15 (Reuters) - Global hedge funds are poised to achieve positive inflows in 2021, for the first time in three years, data from Preqin shows, thanks to strong returns and an investor shift to alternative assets during a period of volatility and rising inflation.</p>\n<p>Alternative assets data and analytics firm Preqin's data shows hedge funds have attracted flows totalling $40.9 billion in the first three quarters of the year, after outflows of $97.2 billion and $44.5 billion in 2019 and 2020 respectively.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf095e193df69f33f79e196a7748e31a\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Quarterly flows into hedge funds</span></p>\n<p>\"Investors are looking to hedge funds to achieve a measure of diversification, particularly considering that the specter of inflation has recently entered the fray,\" Benjamin Crawford, vice president and head of research at alternate investment data firm BarclayHedge, said.</p>\n<p>\"Several sectors of the hedge fund industry have a well-earned reputation for shielding assets from inflation.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c20b4bc6933032a45f91ec17ac816d6\" tg-width=\"960\" tg-height=\"431\" width=\"100%\" height=\"auto\"><span>Hedge funds' total asset under management</span></p>\n<p>Analysts said the inflows are likely to rise further next year due to increased market volatility and uncertainty over the Omicron variant of COVID-19.</p>\n<p>Data from Preqin showed global hedge funds gained 13.9% on average between January and November this year, marking their third successive year of returns above 10%. That compares with the MSCI global stock index's&nbsp;gain of 12.4% in the same period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c88ae2c703c96d267565828734c091a3\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Yearly performance of hedge funds</span></p>\n<p>Event-driven strategies, which bet on corporate changes such as mergers and restructurings, led with a 15.1% gain, while equity strategies delivered a 12.3% gain.</p>\n<p>On the other hand, macro strategy funds provided just 7% return in the first eleven months of 2021, compared with more than 14% in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a66e9e01d87ac8a62ca99b7b7db6c2e3\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Hedge funds performance by strategy</span></p>\n<p>\"Global macro hedge funds have been challenged, as some common themes at the start of the year have not played out as planned, such as the steepening yield curve theme and weakness in the US dollar,\" Robert Christian, co-chief investment officer at K2 Advisors, said.</p>\n<p>According to eVestment data, multi-strategy funds and managed futures funds were the biggest recipients of cash into hedge funds between January and October this year, taking in $24.7 billion and $13.1 billion respectively.</p>\n<p>Long/short equity funds, on the other hand, witnessed the highest outflow of $12.6 billion this year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/362f58863b54c486a0a5361feb8285b6\" tg-width=\"960\" tg-height=\"431\" width=\"100%\" height=\"auto\"><span>Fund inflows by hedge fund strategies</span></p>\n<p>Broken down by region, U.S. hedge funds attracted $44.3 billion this year, while Europe and Asian funds obtained $2.95 billion and $2.34 billion respectively.</p>\n<p>On the other hand, emerging market funds saw outflows totalling $4.86 billion, the data showed.</p>\n<p>\"Seemingly, everyone is finding a reason to put their assets into hedge funds, regardless of whether they think the current moment portends doom, the coming of a halcyon age, or have absolutely no idea what's ahead but don't want to be caught off guard either way,\" BarclayHedge's Crawford said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143355851","content_text":"Dec 15 (Reuters) - Global hedge funds are poised to achieve positive inflows in 2021, for the first time in three years, data from Preqin shows, thanks to strong returns and an investor shift to alternative assets during a period of volatility and rising inflation.\nAlternative assets data and analytics firm Preqin's data shows hedge funds have attracted flows totalling $40.9 billion in the first three quarters of the year, after outflows of $97.2 billion and $44.5 billion in 2019 and 2020 respectively.\nQuarterly flows into hedge funds\n\"Investors are looking to hedge funds to achieve a measure of diversification, particularly considering that the specter of inflation has recently entered the fray,\" Benjamin Crawford, vice president and head of research at alternate investment data firm BarclayHedge, said.\n\"Several sectors of the hedge fund industry have a well-earned reputation for shielding assets from inflation.\"\nHedge funds' total asset under management\nAnalysts said the inflows are likely to rise further next year due to increased market volatility and uncertainty over the Omicron variant of COVID-19.\nData from Preqin showed global hedge funds gained 13.9% on average between January and November this year, marking their third successive year of returns above 10%. That compares with the MSCI global stock index's gain of 12.4% in the same period.\nYearly performance of hedge funds\nEvent-driven strategies, which bet on corporate changes such as mergers and restructurings, led with a 15.1% gain, while equity strategies delivered a 12.3% gain.\nOn the other hand, macro strategy funds provided just 7% return in the first eleven months of 2021, compared with more than 14% in 2020.\nHedge funds performance by strategy\n\"Global macro hedge funds have been challenged, as some common themes at the start of the year have not played out as planned, such as the steepening yield curve theme and weakness in the US dollar,\" Robert Christian, co-chief investment officer at K2 Advisors, said.\nAccording to eVestment data, multi-strategy funds and managed futures funds were the biggest recipients of cash into hedge funds between January and October this year, taking in $24.7 billion and $13.1 billion respectively.\nLong/short equity funds, on the other hand, witnessed the highest outflow of $12.6 billion this year.\nFund inflows by hedge fund strategies\nBroken down by region, U.S. hedge funds attracted $44.3 billion this year, while Europe and Asian funds obtained $2.95 billion and $2.34 billion respectively.\nOn the other hand, emerging market funds saw outflows totalling $4.86 billion, the data showed.\n\"Seemingly, everyone is finding a reason to put their assets into hedge funds, regardless of whether they think the current moment portends doom, the coming of a halcyon age, or have absolutely no idea what's ahead but don't want to be caught off guard either way,\" BarclayHedge's Crawford said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690931252,"gmtCreate":1639620017889,"gmtModify":1639620236852,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690931252","repostId":"1183248520","repostType":4,"isVote":1,"tweetType":1,"viewCount":689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":690451389,"gmtCreate":1639703946912,"gmtModify":1639703946912,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690451389","repostId":"1113560897","repostType":4,"repost":{"id":"1113560897","pubTimestamp":1639699755,"share":"https://www.laohu8.com/m/news/1113560897?lang=&edition=full","pubTime":"2021-12-17 08:09","market":"sg","language":"en","title":"Singapore Stock Market Expected To Remain Rangebound","url":"https://stock-news.laohu8.com/highlight/detail?id=1113560897","media":"RTTNews","summary":"The Singapore stock market has moved higher in two of three trading days since the end of the two-da","content":"<p>The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,130-point plateau although it figures to turn lower again on Friday.</p>\n<p>The global forecast for the Asian&nbsp;markets&nbsp;is mixed to lower, with profit taking - especially among technology stocks - fueling a downward correction after sharp gains a day earlier. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.</p>\n<p>The STI finished modestly higher on Thursday following gains from the financial shares and the industrials.</p>\n<p>For the day, the index improved 13.92 points or 0.45 percent to finish at 3,128.80 after trading between 3,113.05 and 3,137.31. Volume was 941 million shares worth 979.1 million Singapore dollars. There were 265 gainers and 202 decliners.</p>\n<p>Among the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust retreated 0.50 percent, City Developments plummeted 2.69 percent, Comfort DelGro tumbled 1.43 percent, Dairy Farm International plunged 2.48 percent, DBS Group spiked 1.35 percent, Hongkong Land tanked 1.85 percent, Keppel Corp gained 0.39 percent, Oversea-Chinese Banking Corporation collected 0.80 percent, SATS added 0.52 percent, SembCorp Industries surged 3.59 percent, Singapore Airlines dipped 0.20 percent, Singapore Exchange fell 0.21 percent, Singapore Technologies Engineering rose 0.27 percent, SingTel advanced 0.83 percent, United Overseas Bank climbed 1.31 percent, Yangzijiang Shipbuilding sank 0.77 percent and Singapore Press Holdings, Wilmar International, Mapletree Commercial Trust, Mapletree Logistics Trust, Genting Singapore and Thai Beverage were unchanged.</p>\n<p>The lead from Wall Street is negative as the major averages opened slightly higher on Thursday but quickly turned lower, sinking to session lows at the close.</p>\n<p>The Dow dipped 29.79 points or 0.08 percent to finish at 35,897.64, while the NASDAQ plummeted 385.15 points or 2.47 percent to close at 15,180.43 and the S&amp;P 500 sank 41.18 points or 0.87 percent to end at 4,668.67.</p>\n<p>The pull back on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday, which was to accelerate the pace of tapering its asset purchases and forecast as many as three interest rate hikes next year.</p>\n<p>While some stocks benefited from reduced uncertainty about the outlook for monetary policy, high-growth tech stocks fell sharply amid concerns about the impact of higher interest rates.</p>\n<p>In economic news, the Labor Department noted a modest rebound in first-time jobless claims last week, while the Fed also said U.S. industrial production increased less than expected in November. Also, the Commerce Department said housing starts and building permits both surged much more than expected last month.</p>\n<p>Crude oil futures settled higher Thursday, aided by data showing increased demand for energy in the U.S. and a larger than expected drop in U.S. crude stockpiles last week. West Texas Intermediate Crude oil futures for January ended higher by $1.51 or 2.1 percent at $72.38 a barrel.</p>","source":"lsy1626938412129","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>Singapore Stock Market Expected To Remain Rangebound</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\">\nSingapore Stock Market Expected To Remain Rangebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits ...</p>\n\n<a href=\"https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113560897","content_text":"The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,130-point plateau although it figures to turn lower again on Friday.\nThe global forecast for the Asian markets is mixed to lower, with profit taking - especially among technology stocks - fueling a downward correction after sharp gains a day earlier. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.\nThe STI finished modestly higher on Thursday following gains from the financial shares and the industrials.\nFor the day, the index improved 13.92 points or 0.45 percent to finish at 3,128.80 after trading between 3,113.05 and 3,137.31. Volume was 941 million shares worth 979.1 million Singapore dollars. There were 265 gainers and 202 decliners.\nAmong the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust retreated 0.50 percent, City Developments plummeted 2.69 percent, Comfort DelGro tumbled 1.43 percent, Dairy Farm International plunged 2.48 percent, DBS Group spiked 1.35 percent, Hongkong Land tanked 1.85 percent, Keppel Corp gained 0.39 percent, Oversea-Chinese Banking Corporation collected 0.80 percent, SATS added 0.52 percent, SembCorp Industries surged 3.59 percent, Singapore Airlines dipped 0.20 percent, Singapore Exchange fell 0.21 percent, Singapore Technologies Engineering rose 0.27 percent, SingTel advanced 0.83 percent, United Overseas Bank climbed 1.31 percent, Yangzijiang Shipbuilding sank 0.77 percent and Singapore Press Holdings, Wilmar International, Mapletree Commercial Trust, Mapletree Logistics Trust, Genting Singapore and Thai Beverage were unchanged.\nThe lead from Wall Street is negative as the major averages opened slightly higher on Thursday but quickly turned lower, sinking to session lows at the close.\nThe Dow dipped 29.79 points or 0.08 percent to finish at 35,897.64, while the NASDAQ plummeted 385.15 points or 2.47 percent to close at 15,180.43 and the S&P 500 sank 41.18 points or 0.87 percent to end at 4,668.67.\nThe pull back on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday, which was to accelerate the pace of tapering its asset purchases and forecast as many as three interest rate hikes next year.\nWhile some stocks benefited from reduced uncertainty about the outlook for monetary policy, high-growth tech stocks fell sharply amid concerns about the impact of higher interest rates.\nIn economic news, the Labor Department noted a modest rebound in first-time jobless claims last week, while the Fed also said U.S. industrial production increased less than expected in November. Also, the Commerce Department said housing starts and building permits both surged much more than expected last month.\nCrude oil futures settled higher Thursday, aided by data showing increased demand for energy in the U.S. and a larger than expected drop in U.S. crude stockpiles last week. West Texas Intermediate Crude oil futures for January ended higher by $1.51 or 2.1 percent at $72.38 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690449677,"gmtCreate":1639704496476,"gmtModify":1639704496559,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Great]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>[Great]&nbsp;","text":"$Apple(AAPL)$[Great]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690449677","isVote":1,"tweetType":1,"viewCount":957,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690989049,"gmtCreate":1639621433693,"gmtModify":1639621433693,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690989049","repostId":"1192225285","repostType":4,"isVote":1,"tweetType":1,"viewCount":1559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690934481,"gmtCreate":1639620441681,"gmtModify":1639620441681,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok, please like","listText":"ok, please like","text":"ok, please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690934481","repostId":"1181071895","repostType":4,"isVote":1,"tweetType":1,"viewCount":1268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690919561,"gmtCreate":1639620671894,"gmtModify":1639620671894,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690919561","repostId":"2191599758","repostType":4,"isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690936814,"gmtCreate":1639620125975,"gmtModify":1639620242400,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690936814","repostId":"1143355851","repostType":4,"repost":{"id":"1143355851","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":1639614208,"share":"https://www.laohu8.com/m/news/1143355851?lang=&edition=full","pubTime":"2021-12-16 08:23","market":"us","language":"en","title":"Hedge funds set to end 2021 with inflows for first time in three years","url":"https://stock-news.laohu8.com/highlight/detail?id=1143355851","media":"Reuters","summary":"Dec 15 (Reuters) - Global hedge funds are poised to achieve positive inflows in 2021, for the first ","content":"<p>Dec 15 (Reuters) - Global hedge funds are poised to achieve positive inflows in 2021, for the first time in three years, data from Preqin shows, thanks to strong returns and an investor shift to alternative assets during a period of volatility and rising inflation.</p>\n<p>Alternative assets data and analytics firm Preqin's data shows hedge funds have attracted flows totalling $40.9 billion in the first three quarters of the year, after outflows of $97.2 billion and $44.5 billion in 2019 and 2020 respectively.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf095e193df69f33f79e196a7748e31a\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Quarterly flows into hedge funds</span></p>\n<p>\"Investors are looking to hedge funds to achieve a measure of diversification, particularly considering that the specter of inflation has recently entered the fray,\" Benjamin Crawford, vice president and head of research at alternate investment data firm BarclayHedge, said.</p>\n<p>\"Several sectors of the hedge fund industry have a well-earned reputation for shielding assets from inflation.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c20b4bc6933032a45f91ec17ac816d6\" tg-width=\"960\" tg-height=\"431\" width=\"100%\" height=\"auto\"><span>Hedge funds' total asset under management</span></p>\n<p>Analysts said the inflows are likely to rise further next year due to increased market volatility and uncertainty over the Omicron variant of COVID-19.</p>\n<p>Data from Preqin showed global hedge funds gained 13.9% on average between January and November this year, marking their third successive year of returns above 10%. That compares with the MSCI global stock index's&nbsp;gain of 12.4% in the same period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c88ae2c703c96d267565828734c091a3\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Yearly performance of hedge funds</span></p>\n<p>Event-driven strategies, which bet on corporate changes such as mergers and restructurings, led with a 15.1% gain, while equity strategies delivered a 12.3% gain.</p>\n<p>On the other hand, macro strategy funds provided just 7% return in the first eleven months of 2021, compared with more than 14% in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a66e9e01d87ac8a62ca99b7b7db6c2e3\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Hedge funds performance by strategy</span></p>\n<p>\"Global macro hedge funds have been challenged, as some common themes at the start of the year have not played out as planned, such as the steepening yield curve theme and weakness in the US dollar,\" Robert Christian, co-chief investment officer at K2 Advisors, said.</p>\n<p>According to eVestment data, multi-strategy funds and managed futures funds were the biggest recipients of cash into hedge funds between January and October this year, taking in $24.7 billion and $13.1 billion respectively.</p>\n<p>Long/short equity funds, on the other hand, witnessed the highest outflow of $12.6 billion this year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/362f58863b54c486a0a5361feb8285b6\" tg-width=\"960\" tg-height=\"431\" width=\"100%\" height=\"auto\"><span>Fund inflows by hedge fund strategies</span></p>\n<p>Broken down by region, U.S. hedge funds attracted $44.3 billion this year, while Europe and Asian funds obtained $2.95 billion and $2.34 billion respectively.</p>\n<p>On the other hand, emerging market funds saw outflows totalling $4.86 billion, the data showed.</p>\n<p>\"Seemingly, everyone is finding a reason to put their assets into hedge funds, regardless of whether they think the current moment portends doom, the coming of a halcyon age, or have absolutely no idea what's ahead but don't want to be caught off guard either way,\" BarclayHedge's Crawford said.</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>Hedge funds set to end 2021 with inflows for first time in three years</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\">\nHedge funds set to end 2021 with inflows for first time in three years\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\">2021-12-16 08:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 15 (Reuters) - Global hedge funds are poised to achieve positive inflows in 2021, for the first time in three years, data from Preqin shows, thanks to strong returns and an investor shift to alternative assets during a period of volatility and rising inflation.</p>\n<p>Alternative assets data and analytics firm Preqin's data shows hedge funds have attracted flows totalling $40.9 billion in the first three quarters of the year, after outflows of $97.2 billion and $44.5 billion in 2019 and 2020 respectively.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf095e193df69f33f79e196a7748e31a\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Quarterly flows into hedge funds</span></p>\n<p>\"Investors are looking to hedge funds to achieve a measure of diversification, particularly considering that the specter of inflation has recently entered the fray,\" Benjamin Crawford, vice president and head of research at alternate investment data firm BarclayHedge, said.</p>\n<p>\"Several sectors of the hedge fund industry have a well-earned reputation for shielding assets from inflation.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c20b4bc6933032a45f91ec17ac816d6\" tg-width=\"960\" tg-height=\"431\" width=\"100%\" height=\"auto\"><span>Hedge funds' total asset under management</span></p>\n<p>Analysts said the inflows are likely to rise further next year due to increased market volatility and uncertainty over the Omicron variant of COVID-19.</p>\n<p>Data from Preqin showed global hedge funds gained 13.9% on average between January and November this year, marking their third successive year of returns above 10%. That compares with the MSCI global stock index's&nbsp;gain of 12.4% in the same period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c88ae2c703c96d267565828734c091a3\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Yearly performance of hedge funds</span></p>\n<p>Event-driven strategies, which bet on corporate changes such as mergers and restructurings, led with a 15.1% gain, while equity strategies delivered a 12.3% gain.</p>\n<p>On the other hand, macro strategy funds provided just 7% return in the first eleven months of 2021, compared with more than 14% in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a66e9e01d87ac8a62ca99b7b7db6c2e3\" tg-width=\"960\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Hedge funds performance by strategy</span></p>\n<p>\"Global macro hedge funds have been challenged, as some common themes at the start of the year have not played out as planned, such as the steepening yield curve theme and weakness in the US dollar,\" Robert Christian, co-chief investment officer at K2 Advisors, said.</p>\n<p>According to eVestment data, multi-strategy funds and managed futures funds were the biggest recipients of cash into hedge funds between January and October this year, taking in $24.7 billion and $13.1 billion respectively.</p>\n<p>Long/short equity funds, on the other hand, witnessed the highest outflow of $12.6 billion this year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/362f58863b54c486a0a5361feb8285b6\" tg-width=\"960\" tg-height=\"431\" width=\"100%\" height=\"auto\"><span>Fund inflows by hedge fund strategies</span></p>\n<p>Broken down by region, U.S. hedge funds attracted $44.3 billion this year, while Europe and Asian funds obtained $2.95 billion and $2.34 billion respectively.</p>\n<p>On the other hand, emerging market funds saw outflows totalling $4.86 billion, the data showed.</p>\n<p>\"Seemingly, everyone is finding a reason to put their assets into hedge funds, regardless of whether they think the current moment portends doom, the coming of a halcyon age, or have absolutely no idea what's ahead but don't want to be caught off guard either way,\" BarclayHedge's Crawford said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143355851","content_text":"Dec 15 (Reuters) - Global hedge funds are poised to achieve positive inflows in 2021, for the first time in three years, data from Preqin shows, thanks to strong returns and an investor shift to alternative assets during a period of volatility and rising inflation.\nAlternative assets data and analytics firm Preqin's data shows hedge funds have attracted flows totalling $40.9 billion in the first three quarters of the year, after outflows of $97.2 billion and $44.5 billion in 2019 and 2020 respectively.\nQuarterly flows into hedge funds\n\"Investors are looking to hedge funds to achieve a measure of diversification, particularly considering that the specter of inflation has recently entered the fray,\" Benjamin Crawford, vice president and head of research at alternate investment data firm BarclayHedge, said.\n\"Several sectors of the hedge fund industry have a well-earned reputation for shielding assets from inflation.\"\nHedge funds' total asset under management\nAnalysts said the inflows are likely to rise further next year due to increased market volatility and uncertainty over the Omicron variant of COVID-19.\nData from Preqin showed global hedge funds gained 13.9% on average between January and November this year, marking their third successive year of returns above 10%. That compares with the MSCI global stock index's gain of 12.4% in the same period.\nYearly performance of hedge funds\nEvent-driven strategies, which bet on corporate changes such as mergers and restructurings, led with a 15.1% gain, while equity strategies delivered a 12.3% gain.\nOn the other hand, macro strategy funds provided just 7% return in the first eleven months of 2021, compared with more than 14% in 2020.\nHedge funds performance by strategy\n\"Global macro hedge funds have been challenged, as some common themes at the start of the year have not played out as planned, such as the steepening yield curve theme and weakness in the US dollar,\" Robert Christian, co-chief investment officer at K2 Advisors, said.\nAccording to eVestment data, multi-strategy funds and managed futures funds were the biggest recipients of cash into hedge funds between January and October this year, taking in $24.7 billion and $13.1 billion respectively.\nLong/short equity funds, on the other hand, witnessed the highest outflow of $12.6 billion this year.\nFund inflows by hedge fund strategies\nBroken down by region, U.S. hedge funds attracted $44.3 billion this year, while Europe and Asian funds obtained $2.95 billion and $2.34 billion respectively.\nOn the other hand, emerging market funds saw outflows totalling $4.86 billion, the data showed.\n\"Seemingly, everyone is finding a reason to put their assets into hedge funds, regardless of whether they think the current moment portends doom, the coming of a halcyon age, or have absolutely no idea what's ahead but don't want to be caught off guard either way,\" BarclayHedge's Crawford said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690913856,"gmtCreate":1639620718064,"gmtModify":1639620749835,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690913856","repostId":"1191840172","repostType":4,"repost":{"id":"1191840172","pubTimestamp":1639608150,"share":"https://www.laohu8.com/m/news/1191840172?lang=&edition=full","pubTime":"2021-12-16 06:42","market":"us","language":"en","title":"Sources: Rivian to build $5B electric truck plant in Georgia","url":"https://stock-news.laohu8.com/highlight/detail?id=1191840172","media":"Associated Press","summary":"ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a ","content":"<p>ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told The Associated Press.</p>\n<p>Rivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging both established automakers like Ford and General Motors and electric vehicle leader Tesla.</p>\n<p>The plant could grow to as many as 10,000 workers, sources said, which would make it among the largest auto assembly complexes in the United States, rivaled by behemoths such as the 11,000-worker BMW complex in Spartanburg, South Carolina, and Ford Motor Co.’s 8,600-worker plant in Louisville, Kentucky.</p>\n<p>Rivian will be the largest industrial announcement in Georgia history, surpassing the 4,400-worker Kia complex that opened in West Point in 2009. Georgia has had a number of failed auto plant recruitments. Rivian will give Georgia Gov. Brian Kemp another point to bolster his claims that he has been an excellent steward of Georgia’s economy, even as faces Republican and Democratic challengers when he runs for reelection next year.</p>\n<p>The city of Fort Worth, Texas, offered Rivian a $440 million incentive package to lure the plant during the summer, while published reports indicate Rivian also considered sites in Arizona and Michigan.</p>\n<p>Rivian told Fort Worth its plant would make 200,000 vehicles per year, with workers paid at least $56,000 a year.</p>\n<p>The Atlanta Journal-Constitution was the first to report Rivian’s decision.</p>\n<p>Founder and CEO Robert Scaringe told Bloomberg Television in November that the ability to recruit good workers was the most important factor in the decision. Rivian’s existing plant in Normal, Illinois, like most auto plants that have opened in recent decades, is not unionized.</p>\n<p>Georgia officials are unlikely to detail the full incentive package offered to Rivian on Thursday, but the company could max out what Georgia calls its “mega project tax credit,” for companies that hire at least 1,800 people or invest at least $450 million. That could be worth $118 million in state income tax credits. Local governments are likely to abate property taxes.</p>\n<p>Kia got more than $450 million in incentives for its plant southwest of Atlanta. Georgia has promised $300 million of incentives to the $2.6 billion, 2,600-worker battery plant being built by SK Innovation in Commerce, Georgia, northeast of Atlanta.</p>\n<p>Rivian, like Tesla, deals with its customers directly instead of through dealers. Its arrival in Georgia could prompt the state to loosen a law that mostly prohibits manufacturers from selling directly.</p>\n<p>Rivian currently plans two models for consumers — the R1T pickup with a base price of $67,500 and the R1S SUV, with a base price of $70,000. The truck was recently named Motor Trend’s 2022 truck of the year.</p>\n<p>Amazon, which owns a slice of the company, has ordered 100,000 delivery vans, launching Rivian into the commercial vehicle business.</p>\n<p>Rivian is flush with cash following a $11.9 billion stock offering Nov. 10 that took the company public, allowing it to finance the new plant. Its market value is nearly $95 billion, more than either General Motors or Ford.</p>\n<p>The company argues that electric vehicle adoption is at the “tipping point” and it is well positioned for success because trucks and SUVs have long been the most profitable vehicles sold. But some analysts question whether it needs another plant besides the former Mitsubishi plant in Illinois, that Rivian bought for $16 million in 2017. Rivian says it has a yearly capacity of 150,000 vehicles, but is looking to expand there as well.</p>\n<p>“It seems like it might be a little premature to invest that much in another large plant just yet,” said Sam Abuelsamid, principal mobility analyst for Guidehouse Insights, who said Rivian also may be looking for a manufacturing site in Europe.</p>\n<p>Given the size of the Georgia plant, Abuelsamid expects it to make other parts for the vehicles, similar to electric vehicle leader Tesla making seats at its factory in Fremont, California.</p>\n<p>Rivian has cash in the bank, but will burn through that quickly unless it starts delivering vehicles and generating cash, jeopardizing its market darling status, Abuelsamid said. The company needs more retail customers and commercial vehicle buyers other than Amazon, he said.</p>\n<p>“If actual deliveries don’t start picking up, the markets could turn against them as they have with some other EV startups not called Tesla,” Abuelsamid said. “Unlike Tesla, Rivian will be facing serious competition in a much shorter time frame than the near- decade head start that Tesla had.”</p>\n<p>Ford and GM plan to start selling their own electric pickup trucks in the next year or two, while Tesla also plans a new pickup. That’s part of a wave of electric vehicle investment, with SK’s $5 billion battery plant northeast of Atlanta just one example. Ford announced in September it would spend $11.4 billion to build three battery factories and an assembly plant in Kentucky and Tennessee.</p>\n<p>The LMC Automotive consulting firm expects U.S. sales of new fully electric vehicles to hit nearly 400,000 this year, nearly double last year’s figures. But they still make up only about 2.6% of sales. The firm expects sales to grow to more than 730,000 next year and more than 2 million by 2025. Even at 2 million, EV sales still would be only about 12% of U.S. new vehicle sales.</p>","source":"lsy1603278176698","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>Sources: Rivian to build $5B electric truck plant in Georgia</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\">\nSources: Rivian to build $5B electric truck plant in Georgia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 06:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad><strong>Associated Press</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, ...</p>\n\n<a href=\"https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad\">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://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191840172","content_text":"ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told The Associated Press.\nRivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging both established automakers like Ford and General Motors and electric vehicle leader Tesla.\nThe plant could grow to as many as 10,000 workers, sources said, which would make it among the largest auto assembly complexes in the United States, rivaled by behemoths such as the 11,000-worker BMW complex in Spartanburg, South Carolina, and Ford Motor Co.’s 8,600-worker plant in Louisville, Kentucky.\nRivian will be the largest industrial announcement in Georgia history, surpassing the 4,400-worker Kia complex that opened in West Point in 2009. Georgia has had a number of failed auto plant recruitments. Rivian will give Georgia Gov. Brian Kemp another point to bolster his claims that he has been an excellent steward of Georgia’s economy, even as faces Republican and Democratic challengers when he runs for reelection next year.\nThe city of Fort Worth, Texas, offered Rivian a $440 million incentive package to lure the plant during the summer, while published reports indicate Rivian also considered sites in Arizona and Michigan.\nRivian told Fort Worth its plant would make 200,000 vehicles per year, with workers paid at least $56,000 a year.\nThe Atlanta Journal-Constitution was the first to report Rivian’s decision.\nFounder and CEO Robert Scaringe told Bloomberg Television in November that the ability to recruit good workers was the most important factor in the decision. Rivian’s existing plant in Normal, Illinois, like most auto plants that have opened in recent decades, is not unionized.\nGeorgia officials are unlikely to detail the full incentive package offered to Rivian on Thursday, but the company could max out what Georgia calls its “mega project tax credit,” for companies that hire at least 1,800 people or invest at least $450 million. That could be worth $118 million in state income tax credits. Local governments are likely to abate property taxes.\nKia got more than $450 million in incentives for its plant southwest of Atlanta. Georgia has promised $300 million of incentives to the $2.6 billion, 2,600-worker battery plant being built by SK Innovation in Commerce, Georgia, northeast of Atlanta.\nRivian, like Tesla, deals with its customers directly instead of through dealers. Its arrival in Georgia could prompt the state to loosen a law that mostly prohibits manufacturers from selling directly.\nRivian currently plans two models for consumers — the R1T pickup with a base price of $67,500 and the R1S SUV, with a base price of $70,000. The truck was recently named Motor Trend’s 2022 truck of the year.\nAmazon, which owns a slice of the company, has ordered 100,000 delivery vans, launching Rivian into the commercial vehicle business.\nRivian is flush with cash following a $11.9 billion stock offering Nov. 10 that took the company public, allowing it to finance the new plant. Its market value is nearly $95 billion, more than either General Motors or Ford.\nThe company argues that electric vehicle adoption is at the “tipping point” and it is well positioned for success because trucks and SUVs have long been the most profitable vehicles sold. But some analysts question whether it needs another plant besides the former Mitsubishi plant in Illinois, that Rivian bought for $16 million in 2017. Rivian says it has a yearly capacity of 150,000 vehicles, but is looking to expand there as well.\n“It seems like it might be a little premature to invest that much in another large plant just yet,” said Sam Abuelsamid, principal mobility analyst for Guidehouse Insights, who said Rivian also may be looking for a manufacturing site in Europe.\nGiven the size of the Georgia plant, Abuelsamid expects it to make other parts for the vehicles, similar to electric vehicle leader Tesla making seats at its factory in Fremont, California.\nRivian has cash in the bank, but will burn through that quickly unless it starts delivering vehicles and generating cash, jeopardizing its market darling status, Abuelsamid said. The company needs more retail customers and commercial vehicle buyers other than Amazon, he said.\n“If actual deliveries don’t start picking up, the markets could turn against them as they have with some other EV startups not called Tesla,” Abuelsamid said. “Unlike Tesla, Rivian will be facing serious competition in a much shorter time frame than the near- decade head start that Tesla had.”\nFord and GM plan to start selling their own electric pickup trucks in the next year or two, while Tesla also plans a new pickup. That’s part of a wave of electric vehicle investment, with SK’s $5 billion battery plant northeast of Atlanta just one example. Ford announced in September it would spend $11.4 billion to build three battery factories and an assembly plant in Kentucky and Tennessee.\nThe LMC Automotive consulting firm expects U.S. sales of new fully electric vehicles to hit nearly 400,000 this year, nearly double last year’s figures. But they still make up only about 2.6% of sales. The firm expects sales to grow to more than 730,000 next year and more than 2 million by 2025. Even at 2 million, EV sales still would be only about 12% of U.S. new vehicle sales.","news_type":1},"isVote":1,"tweetType":1,"viewCount":697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690931252,"gmtCreate":1639620017889,"gmtModify":1639620236852,"author":{"id":"4102632182653800","authorId":"4102632182653800","name":"Charmagne","avatar":"https://static.tigerbbs.com/b3879d795981adb37860445dcfc0b169","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102632182653800","authorIdStr":"4102632182653800"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690931252","repostId":"1183248520","repostType":4,"repost":{"id":"1183248520","pubTimestamp":1639617602,"share":"https://www.laohu8.com/m/news/1183248520?lang=&edition=full","pubTime":"2021-12-16 09:20","market":"us","language":"en","title":"Samsara, Genenta Science Shares Went Public. Here’s How They Did.","url":"https://stock-news.laohu8.com/highlight/detail?id=1183248520","media":"Barrons","summary":"The market for initial public offerings is heading into the home stretch this week with Samsara, an ","content":"<p>The market for initial public offerings is heading into the home stretch this week with Samsara, an internet of things company, and biotech Genenta Science opening for trading Wednesday.</p>\n<p>Samsara stock rose by more than 7%, while Genenta slipped below its IPO price.</p>\n<p>Roughly six companies were expected to list their shares this week. Sidus Space (ticker: SIDU), a satellite company, soared nearly 144% during its debut Wednesday, while Fresh Vine Wine (VINE), a producer of low-carb wine, dropped below its offer price. Two companies, biotechs&nbsp;Bionomics&nbsp;and Immix Biopharma, are slated to begin trading Thursday.</p>\n<p>Samsara&nbsp;(ticker: IOT) is the most notable IPO this week. Shares of the Internet-of-things firm kicked off at $24.90 and closed at $24.70, up $1.70 from its offer price.</p>\n<p>The company raised $805 million after selling 35 million shares at $23 each, the top of its $20-to-$23 price range.</p>\n<p>At $24.70 a share, Samsara’s valuation is $12.3 billion. Morgan Stanley, Goldman Sachs, J.P.Morgan, and Allen &amp; Co. are lead underwriters on the deal.</p>\n<p>Founded in 2015 by CEO Sanjit Biswas and John Bicket, chief technology officer, San Francisco-based Samsara provides a connected operations cloud and sensors that are used by companies to manage their vehicle fleets and industrial operations. (Biswas and Bicket previously founded cloud infrastructure start-up Meraki which they sold to&nbsp;Cisco&nbsp;Systems (CSCO) in 2012.)</p>\n<p>Samsara’s technology collects data including video footage, people, and motion-detection, GPS location, and energy consumption. Companies can use this information to improve safety, lower insurance costs, and reduce the need for manual oversight and judgment, the prospectus said.</p>\n<p>Samsara has raised $930 million in funding, according to Crunchbase. This includes a $400 million funding round in May 2020 from investors including asset manager AllianceBernstein, investment firm Franklin Templeton, private-equity firms General Atlantic and Warburg Pincus, along with hedge fund Sands Capital Management, a statement from that time said.</p>\n<p>Andreessen Horowitz, a venture firm that often invests in technology startups, will have 17.5% of Samsara total voting power, while General Catalyst, a venture-capital firm, will hold nearly 10%.</p>\n<p>Shares of&nbsp;Genenta Science&nbsp;(GNTA) opened at $10.05 and ended at $11, down more than 4% from its offer price.</p>\n<p>Genenta Science’s much smaller IPO collected about $36 million. The Milan, Italy-based biotech sold 2.4 million American depositary shares, or ADSs, at $11.50 each, the middle of its $10.50-to-$12.50 price range. Each ADS represents one ordinary share. Roth Capital Partners is underwriter on the deal.</p>\n<p>Genenta is developing hematopoietic stem-cell gene therapies. Its lead product candidate, Temferon, treats glioblastoma multiforme, or GBM, a common malignant primary brain tumor. The company said it is currently conducting a Phase 1/2a dose-escalation clinical trial with Temferon in newly diagnosed GBM patients in Italy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Samsara, Genenta Science Shares Went Public. Here’s How They Did.</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\">\nSamsara, Genenta Science Shares Went Public. Here’s How They Did.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/samsara-genenta-ipos-stock-51639586497?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The market for initial public offerings is heading into the home stretch this week with Samsara, an internet of things company, and biotech Genenta Science opening for trading Wednesday.\nSamsara stock...</p>\n\n<a href=\"https://www.barrons.com/articles/samsara-genenta-ipos-stock-51639586497?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IOT":"Samsara, Inc.","GNTA":"Genenta Science S.p.A."},"source_url":"https://www.barrons.com/articles/samsara-genenta-ipos-stock-51639586497?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183248520","content_text":"The market for initial public offerings is heading into the home stretch this week with Samsara, an internet of things company, and biotech Genenta Science opening for trading Wednesday.\nSamsara stock rose by more than 7%, while Genenta slipped below its IPO price.\nRoughly six companies were expected to list their shares this week. Sidus Space (ticker: SIDU), a satellite company, soared nearly 144% during its debut Wednesday, while Fresh Vine Wine (VINE), a producer of low-carb wine, dropped below its offer price. Two companies, biotechs Bionomics and Immix Biopharma, are slated to begin trading Thursday.\nSamsara (ticker: IOT) is the most notable IPO this week. Shares of the Internet-of-things firm kicked off at $24.90 and closed at $24.70, up $1.70 from its offer price.\nThe company raised $805 million after selling 35 million shares at $23 each, the top of its $20-to-$23 price range.\nAt $24.70 a share, Samsara’s valuation is $12.3 billion. Morgan Stanley, Goldman Sachs, J.P.Morgan, and Allen & Co. are lead underwriters on the deal.\nFounded in 2015 by CEO Sanjit Biswas and John Bicket, chief technology officer, San Francisco-based Samsara provides a connected operations cloud and sensors that are used by companies to manage their vehicle fleets and industrial operations. (Biswas and Bicket previously founded cloud infrastructure start-up Meraki which they sold to Cisco Systems (CSCO) in 2012.)\nSamsara’s technology collects data including video footage, people, and motion-detection, GPS location, and energy consumption. Companies can use this information to improve safety, lower insurance costs, and reduce the need for manual oversight and judgment, the prospectus said.\nSamsara has raised $930 million in funding, according to Crunchbase. This includes a $400 million funding round in May 2020 from investors including asset manager AllianceBernstein, investment firm Franklin Templeton, private-equity firms General Atlantic and Warburg Pincus, along with hedge fund Sands Capital Management, a statement from that time said.\nAndreessen Horowitz, a venture firm that often invests in technology startups, will have 17.5% of Samsara total voting power, while General Catalyst, a venture-capital firm, will hold nearly 10%.\nShares of Genenta Science (GNTA) opened at $10.05 and ended at $11, down more than 4% from its offer price.\nGenenta Science’s much smaller IPO collected about $36 million. The Milan, Italy-based biotech sold 2.4 million American depositary shares, or ADSs, at $11.50 each, the middle of its $10.50-to-$12.50 price range. Each ADS represents one ordinary share. Roth Capital Partners is underwriter on the deal.\nGenenta is developing hematopoietic stem-cell gene therapies. Its lead product candidate, Temferon, treats glioblastoma multiforme, or GBM, a common malignant primary brain tumor. The company said it is currently conducting a Phase 1/2a dose-escalation clinical trial with Temferon in newly diagnosed GBM patients in Italy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}