Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest_老虎社区_美港股上老虎

Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest

Reuters2021-11-16

DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...

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koolgal
·2021-11-16
It is interesting to note that PIF is a major stakeholder in Lucid Motor & several other US stocks! It is a prudent move to rely less on the oil revenues and forward thinking too. 🤔
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- koolgal:
  Thanks
  2021-11-16
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- 3f585b4d:
  👍
  2021-11-16
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- koolgal:
  My pleasure
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BlackTechAI
·2021-11-16
Saudi Arabia's sovereign wealth fund PIF, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group and others
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- BlackTechAI:
  Mizuho Bank latest price target $245 still a great business anchored in its strategic growth investment initiatives, local & global presence positioning, customer loyalty & customer acquisition
  2021-11-20
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- JoelSeah:
  noted
  2021-11-19
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Deuterbong
·2021-11-16
Very nice
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Jialatsia
·2021-11-16
Meep
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VL505
·2021-11-16
Baba flying
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- Dcagency:
  All the way!
  2021-11-16
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- WCS1981:
  🤞🤞
  2021-11-16
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EHG
·2021-11-16
Like
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- EHG:
  L ike
  2021-11-18
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- dzgunners95:
  cool
  2021-11-16
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CHECK1894
·2021-11-16
Buy more Baba
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- YauDK:
  Oh ye ye
  2021-11-16
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Zhen95
·2021-11-16
Like and comment
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- Zhen95:
  gd
  2021-11-16
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- Ericlam:
  nice
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- J288:
  ok
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財神發
·2021-11-16
Like pls
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  k
  2021-11-16
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- Ericlam:
  nice
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sfleong1
·2021-11-16
Like n comment
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(Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":871134342,"gmtCreate":1637034801867,"gmtModify":1637034801867,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"It is interesting to note that PIF is a major stakeholder in Lucid Motor &amp; several other US stocks!&nbsp; It is a prudent move to rely less on the oil revenues and forward thinking too. 🤔","listText":"It is interesting to note that PIF is a major stakeholder in Lucid Motor &amp; several other US stocks!&nbsp; It is a prudent move to rely less on the oil revenues and forward thinking too. 🤔","text":"It is interesting to note that PIF is a major stakeholder in Lucid Motor & several other US stocks! It is a prudent move to rely less on the oil revenues and forward thinking too. 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/871134342","repostId":2183079627,"repostType":4,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6599352,"gmtCreate":1637055449048,"gmtModify":1637055449048,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871134342,"type":1,"supId":6598858,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":6598858,"gmtCreate":1637051853090,"gmtModify":1637051853133,"authorId":4094345516143680,"author":{"id":4094345516143680,"authorId":4094345516143680,"name":"3f585b4d","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871134342,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"},{"id":6598296,"gmtCreate":1637046770403,"gmtModify":1637046770403,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871134342,"type":1,"supId":6598272,"prevId":0,"content":"My pleasure","text":"My pleasure","html":"My pleasure"},{"id":6598272,"gmtCreate":1637046567382,"gmtModify":1637046567382,"authorId":3479274730245609,"author":{"id":3479274730245609,"authorId":3479274730245609,"name":"River0","avatar":"https://static.laohu8.com/picture63","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871134342,"type":1,"supId":0,"prevId":0,"content":"thanks for sharing","text":"thanks for sharing","html":"thanks for sharing"},{"id":6597536,"gmtCreate":1637039427662,"gmtModify":1637039427662,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871134342,"type":1,"supId":6597075,"prevId":0,"content":"Yes you are right. Thanks for sharing","text":"Yes you are right. Thanks for sharing","html":"Yes you are right. Thanks for sharing"}],"langContent":"CN"},{"id":871974770,"gmtCreate":1637023046129,"gmtModify":1637023046129,"author":{"id":"3577008494818778","authorId":"3577008494818778","name":"BlackTechAI","avatar":"https://static.tigerbbs.com/d64102b43967a7880f608e7ec776385d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Saudi Arabia's sovereign wealth fund PIF, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group and others","listText":"Saudi Arabia's sovereign wealth fund PIF, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group and others","text":"Saudi Arabia's sovereign wealth fund PIF, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group and others","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/871974770","repostId":2183079627,"repostType":4,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6651029,"gmtCreate":1637372147800,"gmtModify":1637372147800,"authorId":3577008494818778,"author":{"id":3577008494818778,"authorId":3577008494818778,"name":"BlackTechAI","avatar":"https://static.tigerbbs.com/d64102b43967a7880f608e7ec776385d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871974770,"type":1,"supId":0,"prevId":0,"content":"Mizuho Bank latest price target $245 still a great business anchored in its strategic growth investment initiatives, local &amp; global presence positioning, customer loyalty &amp; customer acquisition","text":"Mizuho Bank latest price target $245 still a great business anchored in its strategic growth investment initiatives, local &amp; global presence positioning, customer loyalty &amp; customer acquisition","html":"Mizuho Bank latest price target $245 still a great business anchored in its strategic growth investment initiatives, local &amp; global presence positioning, customer loyalty &amp; customer acquisition"},{"id":6636889,"gmtCreate":1637282385002,"gmtModify":1637282385033,"authorId":3585452666972742,"author":{"id":3585452666972742,"authorId":3585452666972742,"name":"JoelSeah","avatar":"https://static.tigerbbs.com/7209ed7c109a0f0d11e650747fe83336","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871974770,"type":1,"supId":0,"prevId":0,"content":"noted","text":"noted","html":"noted"}],"langContent":"CN"},{"id":871978395,"gmtCreate":1637022836478,"gmtModify":1637027251679,"author":{"id":"4099845468925070","authorId":"4099845468925070","name":"Deuterbong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Very nice","listText":"Very nice","text":"Very nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871978395","repostId":2183079627,"repostType":2,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":871944426,"gmtCreate":1637022464078,"gmtModify":1637022464233,"author":{"id":"4087959350378170","authorId":"4087959350378170","name":"Jialatsia","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Meep","listText":"Meep","text":"Meep","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871944426","repostId":2183079627,"repostType":4,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":871946013,"gmtCreate":1637022165821,"gmtModify":1637022165999,"author":{"id":"3569876910526514","authorId":"3569876910526514","name":"VL505","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Baba flying&nbsp;","listText":"Baba flying&nbsp;","text":"Baba flying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/871946013","repostId":2183079627,"repostType":4,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6594700,"gmtCreate":1637025875880,"gmtModify":1637025875909,"authorId":3557142354281361,"author":{"id":3557142354281361,"authorId":3557142354281361,"name":"Dcagency","avatar":"https://static.tigerbbs.com/811d507c3458decd0eacd9028472dcf4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871946013,"type":1,"supId":0,"prevId":0,"content":"All the way!","text":"All the way!","html":"All the way!"},{"id":6594560,"gmtCreate":1637025407827,"gmtModify":1637025407860,"authorId":3582764273979695,"author":{"id":3582764273979695,"authorId":3582764273979695,"name":"WCS1981","avatar":"https://static.tigerbbs.com/f98e28d5b1695429dd1657ecc78f93f5","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871946013,"type":1,"supId":0,"prevId":0,"content":"🤞🤞","text":"🤞🤞","html":"🤞🤞"}],"langContent":"CN"},{"id":871924704,"gmtCreate":1637021027526,"gmtModify":1637021027754,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/871924704","repostId":2183079627,"repostType":4,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6620204,"gmtCreate":1637191163526,"gmtModify":1637191163554,"authorId":3586941861951066,"author":{"id":3586941861951066,"authorId":3586941861951066,"name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871924704,"type":1,"supId":6593194,"prevId":0,"content":"L ike","text":"L ike","html":"L ike"},{"id":6593194,"gmtCreate":1637021475245,"gmtModify":1637021475276,"authorId":3563319809929304,"author":{"id":3563319809929304,"authorId":3563319809929304,"name":"dzgunners95","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871924704,"type":1,"supId":0,"prevId":0,"content":"<u>cool</u>","text":"<u>cool</u>","html":"<u>cool</u>"}],"langContent":"CN"},{"id":871929241,"gmtCreate":1637020525777,"gmtModify":1637027393705,"author":{"id":"3584171990993226","authorId":"3584171990993226","name":"CHECK1894","avatar":"https://static.tigerbbs.com/db9a785bbb375153a6fee7e1567d5ad3","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Buy more Baba","listText":"Buy more Baba","text":"Buy more Baba","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871929241","repostId":2183079627,"repostType":2,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6592886,"gmtCreate":1637020590074,"gmtModify":1637020590107,"authorId":3580072870029753,"author":{"id":3580072870029753,"authorId":3580072870029753,"name":"YauDK","avatar":"https://static.tigerbbs.com/4e00c10df4000c04392220903422d15f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871929241,"type":1,"supId":0,"prevId":0,"content":"Oh ye ye","text":"Oh ye ye","html":"Oh ye ye"}],"langContent":"CN"},{"id":871966809,"gmtCreate":1637020115338,"gmtModify":1637020115595,"author":{"id":"3575252907553393","authorId":"3575252907553393","name":"Zhen95","avatar":"https://static.tigerbbs.com/62a4767b8928f124a0f7f02bd3c21f62","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/871966809","repostId":2183079627,"repostType":2,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6592720,"gmtCreate":1637020205106,"gmtModify":1637027265134,"authorId":3575252907553393,"author":{"id":3575252907553393,"authorId":3575252907553393,"name":"Zhen95","avatar":"https://static.tigerbbs.com/62a4767b8928f124a0f7f02bd3c21f62","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871966809,"type":1,"supId":6592711,"prevId":0,"content":"gd","text":"gd","html":"gd"},{"id":6592711,"gmtCreate":1637020194886,"gmtModify":1637020194984,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871966809,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6592700,"gmtCreate":1637020174868,"gmtModify":1637020174901,"authorId":3581761980405366,"author":{"id":3581761980405366,"authorId":3581761980405366,"name":"J288","avatar":"https://static.tigerbbs.com/f139ffb0e1f3cec014732c0986adcded","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871966809,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":871968056,"gmtCreate":1637020009218,"gmtModify":1637020009428,"author":{"id":"4088201880010570","authorId":"4088201880010570","name":"財神發","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/871968056","repostId":2183079627,"repostType":2,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6592750,"gmtCreate":1637020262928,"gmtModify":1637020263040,"authorId":3578904826776116,"author":{"id":3578904826776116,"authorId":3578904826776116,"name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871968056,"type":1,"supId":6592715,"prevId":0,"content":"k","text":"k","html":"k"},{"id":6592715,"gmtCreate":1637020202824,"gmtModify":1637020202855,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871968056,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":871961631,"gmtCreate":1637019983210,"gmtModify":1637019983422,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/871961631","repostId":2183079627,"repostType":4,"repost":{"id":"2183079627","pubTimestamp":1637019841,"share":"https://www.laohu8.com/m/news/2183079627?lang=&edition=full","pubTime":"2021-11-16 07:44","market":"us","language":"en","title":"Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=2183079627","media":"Reuters","summary":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, ne","content":"<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.</p>\n<p>Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.</p>\n<p>Other stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.</p>\n<p>The PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.</p>\n<p>The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.</p>\n<p>\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.</p>\n<p>\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"</p>\n<p>Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.</p>\n<p>The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.</p>\n<p>\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only <a href=\"https://laohu8.com/S/AONE.U\">one</a> divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.</p>\n<p>PIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.</p>\n<p>The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)</p>","source":"yahoofinance","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>Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest</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\">\nSaudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","PINS":"Pinterest, Inc."},"source_url":"https://finance.yahoo.com/news/2-saudi-pif-nearly-triples-210301825.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183079627","content_text":"DUBAI, Nov 15 (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.\nIts U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.\nOther stocks it bought included Just Eat Takeaway.com and Ballard Power Systems.\nThe PIF, which manages $430 billion in assets, is at the centre of Saudi Arabia's plans to transform the economy by creating new sectors and diversifying revenues away from oil.\nThe PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.\n\"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July,\" said Diego Lopez, managing director at Global SWF, an industry data specialist.\n\"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon.\"\nLucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.\nThe PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.\n\"While PIF's strategy in 2020 seemed to be focused on short-term gains, we’ve seen a change in 2021, with only one divestment so far,\" Lopez said, adding that the focus is moving towards private partnerships.\nPIF has also invested $45 billion in Softbank's inaugural $100 billion technology fund.\nThe PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year. (Reporting by Saeed Azhar; Editing by Richard Chang, Mark Potter and Hugh Lawson)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6595148,"gmtCreate":1637027272988,"gmtModify":1637027273027,"authorId":3571890541915645,"author":{"id":3571890541915645,"authorId":3571890541915645,"name":"spcenbeyond","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871961631,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":6592724,"gmtCreate":1637020213859,"gmtModify":1637020213947,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871961631,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6592682,"gmtCreate":1637020122831,"gmtModify":1637020122925,"authorId":3575252907553393,"author":{"id":3575252907553393,"authorId":3575252907553393,"name":"Zhen95","avatar":"https://static.tigerbbs.com/62a4767b8928f124a0f7f02bd3c21f62","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":871961631,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":214,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}