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- ShawnTaiShawnTai
  ·2021-11-13
  Holy Tiger 🐅
  Wall Street ends higher with boost from big tech
  * Johnson & Johnson announces to split into two companies * Consumer sentiment hits 10-year low * Te
  Wall Street ends higher with boost from big tech
  893 评论
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- ShawnTaiShawnTai
  ·2021-08-09
  [打脸] Take a deep breath...and still hold[叹气]
  非常抱歉，此主贴已删除
  896 评论
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- ShawnTaiShawnTai
  ·2021-08-05
  Winners or Survivors?
  非常抱歉，此主贴已删除
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- ShawnTaiShawnTai
  ·2021-08-04
  Strong current under the wave
  非常抱歉，此主贴已删除
  136 评论
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- ShawnTaiShawnTai
  ·2021-07-28
  Flood and typhoon outside, who the hell still going out for grocery with DIDI car? [抠鼻]
  非常抱歉，此主贴已删除
  1,226 评论
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- ShawnTaiShawnTai
  ·2021-07-27
  Alibaba told he was beat up by his Dad. I realize how serious untill see Alibaba bleeding badly... [流泪]
  非常抱歉，此主贴已删除
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- ShawnTaiShawnTai
  ·2021-07-24
  Invest what you believe and study. NIO is not Nikola, NIO has proven it's selling points and values. I am patient...
  Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks
  Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV p
  Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks
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- ShawnTaiShawnTai
  ·2021-07-22
  He must have added more Bitcoin below 30k. Tell me he is not influencer?[白眼]
  非常抱歉，此主贴已删除
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- ShawnTaiShawnTai
  ·2021-07-22
  This tell me NIO 🚀 to 🌝 when listed in HK. All in NIO
  Xpeng's Hong Kong shares hit new high on joining Hang Seng indexes
  ** Hong Kong shares of Chinese electric-car maker Xpeng Inc rise 6.6% to HK$172.40, their highest si
  Xpeng's Hong Kong shares hit new high on joining Hang Seng indexes
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- ShawnTaiShawnTai
  ·2021-07-20
  O Lin Peak loh
  Japan's Nikkei hits 6-month low on economic slowdown worries
  TOKYO, July 20 (Reuters) - Japan’s $(Nikkei)$ share average plumbed a six-month low on Tuesday, foll
  Japan's Nikkei hits 6-month low on economic slowdown worries
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Tiger 🐅","listText":"Holy Tiger 🐅","text":"Holy Tiger 🐅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879472964","repostId":"2183501235","repostType":4,"repost":{"id":"2183501235","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1636757850,"share":"https://www.laohu8.com/m/news/2183501235?lang=&edition=full","pubTime":"2021-11-13 06:57","market":"us","language":"en","title":"Wall Street ends higher with boost from big tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2183501235","media":"Reuters","summary":"* Johnson & Johnson announces to split into two companies\n* Consumer sentiment hits 10-year low\n* Te","content":"<p>* Johnson &amp; Johnson announces to split into two companies</p>\n<p>* Consumer sentiment hits 10-year low</p>\n<p>* Tesla slides as Musk sells more shares</p>\n<p>* Indexes up: Dow 0.50%, S&amp;P 0.72%, Nasdaq 1.00%</p>\n<p>NEW YORK, Nov 12 (Reuters) - Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes' climb as investors looked past disappointing U.S. economic data.</p>\n<p>Despite their advances, all three major U.S. stock indexes ended the session below last Friday's close, ending a five-week streak of weekly gains.</p>\n<p>Investors favored growth over value, with megacap tech stocks, led by Apple Inc and Microsoft Corp, doing the heavy lifting.</p>\n<p>The University of Michigan's preliminary consumer sentiment data for November unexpectedly dropped to a 10-year low, and a Labor Department report showed job openings barely budged from record highs even as workers are quitting in record numbers.</p>\n<p>\"Markets drifted higher today despite a very weak consumer sentiment report, as inflation seems to be hurting consumers more than corporate profits,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York.</p>\n<p>The souring mood of the consumer could be worrisome to retailers as the holiday shopping season draws near, and is likely to draw intensified scrutiny to upcoming retail earnings reports.</p>\n<p>Walmart Inc, Target Corp, Home Depot Inc&nbsp;and Macy's Inc are among the high profile retailers expected to report next week.</p>\n<p>\"Investors will be focused on guidance from retailers to determine if inflation will crimp profit margins or if costs can be passed through,\" Carter added.</p>\n<p>Retail results will herald the last days of what was a largely upbeat third-quarter earnings season. As of Friday, 459 of the companies in the S&amp;P 500 have reported. Of those, 80% delivered consensus-beating earnings, according to Refinitiv.</p>\n<p>The Dow Jones Industrial Average rose 179.08 points, or 0.5%, to 36,100.31. The S&amp;P 500 gained 33.58 points, or 0.72%, at 4,682.85 and the Nasdaq Composite added 156.68 points, or 1%, at 15,860.96.</p>\n<p>Ten of the 11 major sectors of the S&amp;P 500 ended higher, with communications services' 1.7% advance leading gainers. Energy's 0.3% dip represented the largest percentage loss.</p>\n<p>Shares of Johnson &amp; Johnson gained 1.2% after the healthcare giant announced splitting into two companies, dividing its consumer health care segments from its pharmaceuticals/medical devices business.</p>\n<p>Tesla Inc dropped 2.8% on news that Chief Executive Elon Musk has sold an additional $700 million in stock in the next chapter of a saga that began with Musk's infamous <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> poll on whether he should offload shares in the company he founded.</p>\n<p>Rival electric automaker Rivian Automotive Inc advanced 5.7%, notching its third consecutive gain in as many days as a publicly traded company.</p>\n<p>U.S.-listed shares of Alibaba Group Holding slipped 0.6% following the e-commerce giant's report showing its slowest-ever Singles Day sales.</p>\n<p>Advancing issues outnumbered decliners on the NYSE by a 1.29-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 34 new 52-week highs and one new low; the Nasdaq Composite recorded 130 new highs and 96 new lows.</p>\n<p>Volume on U.S. exchanges was 10.32 billion shares, compared with the 10.94 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends higher with boost from big tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends higher with boost from big tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-11-13 06:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Johnson &amp; Johnson announces to split into two companies</p>\n<p>* Consumer sentiment hits 10-year low</p>\n<p>* Tesla slides as Musk sells more shares</p>\n<p>* Indexes up: Dow 0.50%, S&amp;P 0.72%, Nasdaq 1.00%</p>\n<p>NEW YORK, Nov 12 (Reuters) - Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes' climb as investors looked past disappointing U.S. economic data.</p>\n<p>Despite their advances, all three major U.S. stock indexes ended the session below last Friday's close, ending a five-week streak of weekly gains.</p>\n<p>Investors favored growth over value, with megacap tech stocks, led by Apple Inc and Microsoft Corp, doing the heavy lifting.</p>\n<p>The University of Michigan's preliminary consumer sentiment data for November unexpectedly dropped to a 10-year low, and a Labor Department report showed job openings barely budged from record highs even as workers are quitting in record numbers.</p>\n<p>\"Markets drifted higher today despite a very weak consumer sentiment report, as inflation seems to be hurting consumers more than corporate profits,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York.</p>\n<p>The souring mood of the consumer could be worrisome to retailers as the holiday shopping season draws near, and is likely to draw intensified scrutiny to upcoming retail earnings reports.</p>\n<p>Walmart Inc, Target Corp, Home Depot Inc&nbsp;and Macy's Inc are among the high profile retailers expected to report next week.</p>\n<p>\"Investors will be focused on guidance from retailers to determine if inflation will crimp profit margins or if costs can be passed through,\" Carter added.</p>\n<p>Retail results will herald the last days of what was a largely upbeat third-quarter earnings season. As of Friday, 459 of the companies in the S&amp;P 500 have reported. Of those, 80% delivered consensus-beating earnings, according to Refinitiv.</p>\n<p>The Dow Jones Industrial Average rose 179.08 points, or 0.5%, to 36,100.31. The S&amp;P 500 gained 33.58 points, or 0.72%, at 4,682.85 and the Nasdaq Composite added 156.68 points, or 1%, at 15,860.96.</p>\n<p>Ten of the 11 major sectors of the S&amp;P 500 ended higher, with communications services' 1.7% advance leading gainers. Energy's 0.3% dip represented the largest percentage loss.</p>\n<p>Shares of Johnson &amp; Johnson gained 1.2% after the healthcare giant announced splitting into two companies, dividing its consumer health care segments from its pharmaceuticals/medical devices business.</p>\n<p>Tesla Inc dropped 2.8% on news that Chief Executive Elon Musk has sold an additional $700 million in stock in the next chapter of a saga that began with Musk's infamous <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> poll on whether he should offload shares in the company he founded.</p>\n<p>Rival electric automaker Rivian Automotive Inc advanced 5.7%, notching its third consecutive gain in as many days as a publicly traded company.</p>\n<p>U.S.-listed shares of Alibaba Group Holding slipped 0.6% following the e-commerce giant's report showing its slowest-ever Singles Day sales.</p>\n<p>Advancing issues outnumbered decliners on the NYSE by a 1.29-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 34 new 52-week highs and one new low; the Nasdaq Composite recorded 130 new highs and 96 new lows.</p>\n<p>Volume on U.S. exchanges was 10.32 billion shares, compared with the 10.94 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2183501235","content_text":"* Johnson & Johnson announces to split into two companies\n* Consumer sentiment hits 10-year low\n* Tesla slides as Musk sells more shares\n* Indexes up: Dow 0.50%, S&P 0.72%, Nasdaq 1.00%\nNEW YORK, Nov 12 (Reuters) - Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes' climb as investors looked past disappointing U.S. economic data.\nDespite their advances, all three major U.S. stock indexes ended the session below last Friday's close, ending a five-week streak of weekly gains.\nInvestors favored growth over value, with megacap tech stocks, led by Apple Inc and Microsoft Corp, doing the heavy lifting.\nThe University of Michigan's preliminary consumer sentiment data for November unexpectedly dropped to a 10-year low, and a Labor Department report showed job openings barely budged from record highs even as workers are quitting in record numbers.\n\"Markets drifted higher today despite a very weak consumer sentiment report, as inflation seems to be hurting consumers more than corporate profits,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York.\nThe souring mood of the consumer could be worrisome to retailers as the holiday shopping season draws near, and is likely to draw intensified scrutiny to upcoming retail earnings reports.\nWalmart Inc, Target Corp, Home Depot Inc and Macy's Inc are among the high profile retailers expected to report next week.\n\"Investors will be focused on guidance from retailers to determine if inflation will crimp profit margins or if costs can be passed through,\" Carter added.\nRetail results will herald the last days of what was a largely upbeat third-quarter earnings season. As of Friday, 459 of the companies in the S&P 500 have reported. Of those, 80% delivered consensus-beating earnings, according to Refinitiv.\nThe Dow Jones Industrial Average rose 179.08 points, or 0.5%, to 36,100.31. The S&P 500 gained 33.58 points, or 0.72%, at 4,682.85 and the Nasdaq Composite added 156.68 points, or 1%, at 15,860.96.\nTen of the 11 major sectors of the S&P 500 ended higher, with communications services' 1.7% advance leading gainers. Energy's 0.3% dip represented the largest percentage loss.\nShares of Johnson & Johnson gained 1.2% after the healthcare giant announced splitting into two companies, dividing its consumer health care segments from its pharmaceuticals/medical devices business.\nTesla Inc dropped 2.8% on news that Chief Executive Elon Musk has sold an additional $700 million in stock in the next chapter of a saga that began with Musk's infamous Twitter poll on whether he should offload shares in the company he founded.\nRival electric automaker Rivian Automotive Inc advanced 5.7%, notching its third consecutive gain in as many days as a publicly traded company.\nU.S.-listed shares of Alibaba Group Holding slipped 0.6% following the e-commerce giant's report showing its slowest-ever Singles Day sales.\nAdvancing issues outnumbered decliners on the NYSE by a 1.29-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored advancers.\nThe S&P 500 posted 34 new 52-week highs and one new low; the Nasdaq Composite recorded 130 new highs and 96 new lows.\nVolume on U.S. exchanges was 10.32 billion shares, compared with the 10.94 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":893,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":898816654,"gmtCreate":1628483763378,"gmtModify":1631891366357,"author":{"id":"3565491333206964","authorId":"3565491333206964","name":"ShawnTai","avatar":"https://static.tigerbbs.com/77e7e26e7ce7e2b25fa4a96fda2ce2b6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565491333206964","idStr":"3565491333206964"},"themes":[],"htmlText":"[打脸]&nbsp;Take a deep breath...and still hold[叹气]&nbsp;","listText":"[打脸]&nbsp;Take a deep breath...and still hold[叹气]&nbsp;","text":"[打脸] Take a deep breath...and still hold[叹气]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898816654","repostId":"1136322726","repostType":4,"isVote":1,"tweetType":1,"viewCount":896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":890440564,"gmtCreate":1628130007158,"gmtModify":1631891366368,"author":{"id":"3565491333206964","authorId":"3565491333206964","name":"ShawnTai","avatar":"https://static.tigerbbs.com/77e7e26e7ce7e2b25fa4a96fda2ce2b6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565491333206964","idStr":"3565491333206964"},"themes":[],"htmlText":"Winners or Survivors?&nbsp;","listText":"Winners or Survivors?&nbsp;","text":"Winners or Survivors?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890440564","repostId":"1169931259","repostType":4,"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890019116,"gmtCreate":1628065808335,"gmtModify":1631891366381,"author":{"id":"3565491333206964","authorId":"3565491333206964","name":"ShawnTai","avatar":"https://static.tigerbbs.com/77e7e26e7ce7e2b25fa4a96fda2ce2b6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565491333206964","idStr":"3565491333206964"},"themes":[],"htmlText":"Strong current under the wave","listText":"Strong current under the wave","text":"Strong current under the wave","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890019116","repostId":"1135289517","repostType":4,"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803205159,"gmtCreate":1627439318271,"gmtModify":1631891366398,"author":{"id":"3565491333206964","authorId":"3565491333206964","name":"ShawnTai","avatar":"https://static.tigerbbs.com/77e7e26e7ce7e2b25fa4a96fda2ce2b6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565491333206964","idStr":"3565491333206964"},"themes":[],"htmlText":"Flood and typhoon outside, who the hell&nbsp;still going out for grocery with DIDI car?&nbsp;[抠鼻]&nbsp;","listText":"Flood and typhoon outside, who the hell&nbsp;still going out for grocery with DIDI car?&nbsp;[抠鼻]&nbsp;","text":"Flood and typhoon outside, who the hell still going out for grocery with DIDI car? [抠鼻]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803205159","repostId":"2154146679","repostType":4,"isVote":1,"tweetType":1,"viewCount":1226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":809219204,"gmtCreate":1627372276308,"gmtModify":1631891366403,"author":{"id":"3565491333206964","authorId":"3565491333206964","name":"ShawnTai","avatar":"https://static.tigerbbs.com/77e7e26e7ce7e2b25fa4a96fda2ce2b6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565491333206964","idStr":"3565491333206964"},"themes":[],"htmlText":"Alibaba told he was beat up by his Dad. I realize how serious&nbsp;untill see Alibaba bleeding badly...&nbsp;[流泪]&nbsp;","listText":"Alibaba told he was beat up by his Dad. I realize how serious&nbsp;untill see Alibaba bleeding badly...&nbsp;[流泪]&nbsp;","text":"Alibaba told he was beat up by his Dad. I realize how serious untill see Alibaba bleeding badly... [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809219204","repostId":"1145674771","repostType":4,"isVote":1,"tweetType":1,"viewCount":1972,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":174589615,"gmtCreate":1627111133137,"gmtModify":1631891366420,"author":{"id":"3565491333206964","authorId":"3565491333206964","name":"ShawnTai","avatar":"https://static.tigerbbs.com/77e7e26e7ce7e2b25fa4a96fda2ce2b6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565491333206964","idStr":"3565491333206964"},"themes":[],"htmlText":"Invest what you believe and study. NIO is not Nikola, NIO has proven it's selling points and values. I am patient...&nbsp;","listText":"Invest what you believe and study. NIO is not Nikola, NIO has proven it's selling points and values. I am patient...&nbsp;","text":"Invest what you believe and study. NIO is not Nikola, NIO has proven it's selling points and values. I am patient...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/174589615","repostId":"1112927800","repostType":4,"repost":{"id":"1112927800","pubTimestamp":1627089375,"share":"https://www.laohu8.com/m/news/1112927800?lang=&edition=full","pubTime":"2021-07-24 09:16","market":"us","language":"en","title":"Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1112927800","media":"seekingalpha","summary":"Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV p","content":"<p><b>Summary</b></p>\n<ul>\n <li>Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.</li>\n <li>NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.</li>\n <li>NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f749c70c8a2af3e18d5f6cecc72bfbb\" tg-width=\"1536\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><span>ipopba/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>NIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.</p>\n<p><b>NIO And TSLA Stock Prices</b></p>\n<p>Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ff5ce865807df85283775d2293b41af\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Taking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.</p>\n<p><b>Is NIO Similar To Tesla?</b></p>\n<p>The answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:</p>\n<p><b>Business Model</b></p>\n<p>Both companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.</p>\n<p>Both companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.</p>\n<p><b>Size, growth, and valuation</b></p>\n<p>The two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.</p>\n<p>Tesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a986ea65130206f99961a46ce6cfed55\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Tesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.</p>\n<p>The same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).</p>\n<p>Looking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.</p>\n<p><b>Can NIO Be Worth As Much As Tesla?</b></p>\n<p>The answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly&nbsp;overpriced&nbsp;today, I personally believe that as well (Note that some will argue that shares are&nbsp;underpriced, which is also among the possibilities, although I do not hold that belief personally).</p>\n<p>When we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.</p>\n<p>It should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.</p>\n<p><b>Is NIO A Good Stock To Buy Or Sell Now?</b></p>\n<p>When considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.</p>\n<p>One could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly ...</p>\n\n<a href=\"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112927800","content_text":"Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.\nNIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.\n\nipopba/iStock via Getty Images\nArticle Thesis\nNIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.\nNIO And TSLA Stock Prices\nBoth companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.\nData by YCharts\nTaking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.\nIs NIO Similar To Tesla?\nThe answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:\nBusiness Model\nBoth companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.\nBoth companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.\nSize, growth, and valuation\nThe two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.\nTesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:\nData by YCharts\nTesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.\nThe same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).\nLooking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.\nCan NIO Be Worth As Much As Tesla?\nThe answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly overpriced today, I personally believe that as well (Note that some will argue that shares are underpriced, which is also among the possibilities, although I do not hold that belief personally).\nWhen we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.\nIt should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.\nIs NIO A Good Stock To Buy Or Sell Now?\nWhen considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.\nOne could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172930941,"gmtCreate":1626925686483,"gmtModify":1631891366430,"author":{"id":"3565491333206964","authorId":"3565491333206964","name":"ShawnTai","avatar":"https://static.tigerbbs.com/77e7e26e7ce7e2b25fa4a96fda2ce2b6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565491333206964","idStr":"3565491333206964"},"themes":[],"htmlText":"He must have&nbsp;added more Bitcoin below 30k. Tell me he is not influencer?[白眼]&nbsp;&nbsp;","listText":"He must have&nbsp;added more Bitcoin below 30k. Tell me he is not influencer?[白眼]&nbsp;&nbsp;","text":"He must have added more Bitcoin below 30k. Tell me he is not influencer?[白眼]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/172930941","repostId":"1190301036","repostType":4,"isVote":1,"tweetType":1,"viewCount":1372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":172990753,"gmtCreate":1626925204372,"gmtModify":1631891366440,"author":{"id":"3565491333206964","authorId":"3565491333206964","name":"ShawnTai","avatar":"https://static.tigerbbs.com/77e7e26e7ce7e2b25fa4a96fda2ce2b6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565491333206964","idStr":"3565491333206964"},"themes":[],"htmlText":"This tell me NIO 🚀 to 🌝&nbsp;when listed in HK. All in NIO","listText":"This tell me NIO 🚀 to 🌝&nbsp;when listed in HK. All in NIO","text":"This tell me NIO 🚀 to 🌝 when listed in HK. All in NIO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/172990753","repostId":"2153123625","repostType":4,"repost":{"id":"2153123625","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626920092,"share":"https://www.laohu8.com/m/news/2153123625?lang=&edition=full","pubTime":"2021-07-22 10:14","market":"hk","language":"en","title":"Xpeng's Hong Kong shares hit new high on joining Hang Seng indexes","url":"https://stock-news.laohu8.com/highlight/detail?id=2153123625","media":"Reuters","summary":"** Hong Kong shares of Chinese electric-car maker Xpeng Inc rise 6.6% to HK$172.40, their highest si","content":"<p>** Hong Kong shares of Chinese electric-car maker Xpeng Inc&nbsp;rise 6.6% to HK$172.40, their highest since listing on July 7, and on course for fifth consecutive session of gains</p>\n<p>** Stock, sixth biggest percentage gainer in the Hang Seng Composite Index , set for best day since listing</p>\n<p>** Xpeng meets the Fast Entry Rule and joins the Hang Seng Composite Index and Hang Seng Consumer Goods &amp; Services Index from July 21</p>\n<p>** China's e-commerce major Alibaba Group takes long position in Xpeng, buying 191.9 mln, or 14.97%, of the company's Hong Kong shares, filing shows</p>\n<p>** The Hong Kong Hang Seng consumer goods and services index&nbsp;climbs 1.02% and the Hang Seng Composite Index jumps 1.5%</p>\n<p>** The Hang Seng China Enterprises Index rises 1.6% and the benchmark index gains 1.7%</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xpeng's Hong Kong shares hit new high on joining Hang Seng indexes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXpeng's Hong Kong shares hit new high on joining Hang Seng indexes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-22 10:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Hong Kong shares of Chinese electric-car maker Xpeng Inc&nbsp;rise 6.6% to HK$172.40, their highest since listing on July 7, and on course for fifth consecutive session of gains</p>\n<p>** Stock, sixth biggest percentage gainer in the Hang Seng Composite Index , set for best day since listing</p>\n<p>** Xpeng meets the Fast Entry Rule and joins the Hang Seng Composite Index and Hang Seng Consumer Goods &amp; Services Index from July 21</p>\n<p>** China's e-commerce major Alibaba Group takes long position in Xpeng, buying 191.9 mln, or 14.97%, of the company's Hong Kong shares, filing shows</p>\n<p>** The Hong Kong Hang Seng consumer goods and services index&nbsp;climbs 1.02% and the Hang Seng Composite Index jumps 1.5%</p>\n<p>** The Hang Seng China Enterprises Index rises 1.6% and the benchmark index gains 1.7%</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153123625","content_text":"** Hong Kong shares of Chinese electric-car maker Xpeng Inc rise 6.6% to HK$172.40, their highest since listing on July 7, and on course for fifth consecutive session of gains\n** Stock, sixth biggest percentage gainer in the Hang Seng Composite Index , set for best day since listing\n** Xpeng meets the Fast Entry Rule and joins the Hang Seng Composite Index and Hang Seng Consumer Goods & Services Index from July 21\n** China's e-commerce major Alibaba Group takes long position in Xpeng, buying 191.9 mln, or 14.97%, of the company's Hong Kong shares, filing shows\n** The Hong Kong Hang Seng consumer goods and services index climbs 1.02% and the Hang Seng Composite Index jumps 1.5%\n** The Hang Seng China Enterprises Index rises 1.6% and the benchmark index gains 1.7%","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171574695,"gmtCreate":1626753570217,"gmtModify":1631891366460,"author":{"id":"3565491333206964","authorId":"3565491333206964","name":"ShawnTai","avatar":"https://static.tigerbbs.com/77e7e26e7ce7e2b25fa4a96fda2ce2b6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565491333206964","idStr":"3565491333206964"},"themes":[],"htmlText":"O Lin Peak loh","listText":"O Lin Peak loh","text":"O Lin Peak loh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171574695","repostId":"1122427994","repostType":4,"repost":{"id":"1122427994","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626751124,"share":"https://www.laohu8.com/m/news/1122427994?lang=&edition=full","pubTime":"2021-07-20 11:18","market":"us","language":"en","title":"Japan's Nikkei hits 6-month low on economic slowdown worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1122427994","media":"Reuters","summary":"TOKYO, July 20 (Reuters) - Japan’s $(Nikkei)$ share average plumbed a six-month low on Tuesday, foll","content":"<p>TOKYO, July 20 (Reuters) - Japan’s <a href=\"https://laohu8.com/S/Nikkei\"><a href=\"https://laohu8.com/S/Nikkei\">$(Nikkei)$</a></a> share average plumbed a six-month low on Tuesday, following a broad sell-off on Wall Street as concerns grew that rising coronavirus cases globally could derail a nascent economic recovery.</p>\n<p>The <a href=\"https://laohu8.com/S/Nikkei\"><a href=\"https://laohu8.com/S/Nikkei\">$(Nikkei)$</a></a> share average was down 0.41% to 27,537.96 by 0210 GMT, after hitting its lowest since Jan. 7. The broader <a href=\"https://laohu8.com/S/Topix\">$(Topix)$</a> fell 0.5% to 1,897.63.</p>\n<p>Overnight, all three major U.S. stock indexes ended sharply lower, with the S&amp;P and the Nasdaq posting their biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage drop since mid-May, as investors feared renewed COVID-19 shutdowns and a protracted economic recovery.</p>\n<p>As COVID-19 cases rise in Tokyo, now under its fourth state of emergency, public concern has grown that hosting the Tokyo Olympics with tens of thousands of overseas visitors could accelerate infection rates in Japan’s capital and introduce variants that are more infectious or deadlier.</p>\n<p>“Investors are increasingly concerned about a slowdown of economic recovery,” said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities.</p>\n<p>“Declines in U.S. equities hit investor appetite, which was already weak ahead of Japan’s four-day weekend and corporate earnings reports after that.”</p>\n<p>Japan’s markets will be closed on Thursday and Friday for public holidays, with the Tokyo 2020 opening ceremony on Friday.</p>\n<p>Among Nikkei heavyweights, global start-up investor $(SoftBank Group)$ fell 0.79%, while $(Fast Retailing)$, the owner of Uniqlo clothing stores, lost 0.47% and robot maker <a href=\"https://laohu8.com/S/Fanuc\">$(Fanuc)$</a> declined 2.21%.</p>\n<p>Of the 33 industry sub-indexes, only precision equipment makers and shippers rose. The energy sector declined the most with a 3.34% drop on weak oil prices.</p>\n<p><a href=\"https://laohu8.com/S/Canon\">$(Canon)$</a> surged 8.09% after raising its annual operating profit forecast by 43% on strong demand for printers during the pandemic.</p>\n<p>Other office equipment makers also rose, with $(Seiko Epson)$ gaining 5.86% and <a href=\"https://laohu8.com/S/Ricoh\">$(Ricoh)$</a> adding 2.49%. Canon’s rival <a href=\"https://laohu8.com/S/Nikon\">$(Nikon)$</a> climbed 3.09%. ($1 = 109.5100 yen) (Reporting by Junko Fujita; Editing by Subhranshu Sahu)</p>\n<p>Our Standards:The Thomson Reuters Trust Principles.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Japan's Nikkei hits 6-month low on economic slowdown worries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapan's Nikkei hits 6-month low on economic slowdown worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-20 11:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>TOKYO, July 20 (Reuters) - Japan’s <a href=\"https://laohu8.com/S/Nikkei\"><a href=\"https://laohu8.com/S/Nikkei\">$(Nikkei)$</a></a> share average plumbed a six-month low on Tuesday, following a broad sell-off on Wall Street as concerns grew that rising coronavirus cases globally could derail a nascent economic recovery.</p>\n<p>The <a href=\"https://laohu8.com/S/Nikkei\"><a href=\"https://laohu8.com/S/Nikkei\">$(Nikkei)$</a></a> share average was down 0.41% to 27,537.96 by 0210 GMT, after hitting its lowest since Jan. 7. The broader <a href=\"https://laohu8.com/S/Topix\">$(Topix)$</a> fell 0.5% to 1,897.63.</p>\n<p>Overnight, all three major U.S. stock indexes ended sharply lower, with the S&amp;P and the Nasdaq posting their biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage drop since mid-May, as investors feared renewed COVID-19 shutdowns and a protracted economic recovery.</p>\n<p>As COVID-19 cases rise in Tokyo, now under its fourth state of emergency, public concern has grown that hosting the Tokyo Olympics with tens of thousands of overseas visitors could accelerate infection rates in Japan’s capital and introduce variants that are more infectious or deadlier.</p>\n<p>“Investors are increasingly concerned about a slowdown of economic recovery,” said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities.</p>\n<p>“Declines in U.S. equities hit investor appetite, which was already weak ahead of Japan’s four-day weekend and corporate earnings reports after that.”</p>\n<p>Japan’s markets will be closed on Thursday and Friday for public holidays, with the Tokyo 2020 opening ceremony on Friday.</p>\n<p>Among Nikkei heavyweights, global start-up investor $(SoftBank Group)$ fell 0.79%, while $(Fast Retailing)$, the owner of Uniqlo clothing stores, lost 0.47% and robot maker <a href=\"https://laohu8.com/S/Fanuc\">$(Fanuc)$</a> declined 2.21%.</p>\n<p>Of the 33 industry sub-indexes, only precision equipment makers and shippers rose. The energy sector declined the most with a 3.34% drop on weak oil prices.</p>\n<p><a href=\"https://laohu8.com/S/Canon\">$(Canon)$</a> surged 8.09% after raising its annual operating profit forecast by 43% on strong demand for printers during the pandemic.</p>\n<p>Other office equipment makers also rose, with $(Seiko Epson)$ gaining 5.86% and <a href=\"https://laohu8.com/S/Ricoh\">$(Ricoh)$</a> adding 2.49%. Canon’s rival <a href=\"https://laohu8.com/S/Nikon\">$(Nikon)$</a> climbed 3.09%. ($1 = 109.5100 yen) (Reporting by Junko Fujita; Editing by Subhranshu Sahu)</p>\n<p>Our Standards:The Thomson Reuters Trust Principles.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122427994","content_text":"TOKYO, July 20 (Reuters) - Japan’s $(Nikkei)$ share average plumbed a six-month low on Tuesday, following a broad sell-off on Wall Street as concerns grew that rising coronavirus cases globally could derail a nascent economic recovery.\nThe $(Nikkei)$ share average was down 0.41% to 27,537.96 by 0210 GMT, after hitting its lowest since Jan. 7. The broader $(Topix)$ fell 0.5% to 1,897.63.\nOvernight, all three major U.S. stock indexes ended sharply lower, with the S&P and the Nasdaq posting their biggest one-day percentage drop since mid-May, as investors feared renewed COVID-19 shutdowns and a protracted economic recovery.\nAs COVID-19 cases rise in Tokyo, now under its fourth state of emergency, public concern has grown that hosting the Tokyo Olympics with tens of thousands of overseas visitors could accelerate infection rates in Japan’s capital and introduce variants that are more infectious or deadlier.\n“Investors are increasingly concerned about a slowdown of economic recovery,” said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities.\n“Declines in U.S. equities hit investor appetite, which was already weak ahead of Japan’s four-day weekend and corporate earnings reports after that.”\nJapan’s markets will be closed on Thursday and Friday for public holidays, with the Tokyo 2020 opening ceremony on Friday.\nAmong Nikkei heavyweights, global start-up investor $(SoftBank Group)$ fell 0.79%, while $(Fast Retailing)$, the owner of Uniqlo clothing stores, lost 0.47% and robot maker $(Fanuc)$ declined 2.21%.\nOf the 33 industry sub-indexes, only precision equipment makers and shippers rose. The energy sector declined the most with a 3.34% drop on weak oil prices.\n$(Canon)$ surged 8.09% after raising its annual operating profit forecast by 43% on strong demand for printers during the pandemic.\nOther office equipment makers also rose, with $(Seiko Epson)$ gaining 5.86% and $(Ricoh)$ adding 2.49%. Canon’s rival $(Nikon)$ climbed 3.09%. ($1 = 109.5100 yen) (Reporting by Junko Fujita; Editing by Subhranshu Sahu)\nOur Standards:The Thomson Reuters Trust Principles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}