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- 我要日富一日我要日富一日
  ·2021-07-19
  35块就想骗我卖了
  瑞信：维持小米集团-W“优于大市”评级目标价35港元
  Reuters. 瑞信：维持小米集团-W“优于大市”评级目标价35港元智通财经APP获悉，瑞信发表研究报告，提高小米集团－Ｗ 2021-23智能手机的出货量预测至2.02亿、2.37亿、2.59亿部，预计2021年第二季收入将同比增长68%至900亿元人民币，增速较媒体的预估高11个百分点，而毛利率预达17.2%，经营利润将超过25%，净收入将增长75%至59亿元人民币。该行维持公司“优于大市”评级以及目标价35港元。
  瑞信：维持小米集团-W“优于大市”评级目标价35港元
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- 我要日富一日我要日富一日
  ·2021-07-14
  33.5就想骗我卖掉？
  大摩：予小米(1810.HK)目标价33.5港元评级“增持”
  格隆汇7月14日丨大摩发研报指，预期市场研究公司IDC将于本月底发布第二季智能手机数据，相信在中国手机市场表现疲弱及印度疫情影响下，投资者会关注小米(1810.HK)的市场份额增长情况，料成为近期股价...
  大摩：予小米(1810.HK)目标价33.5港元评级“增持”
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- 我要日富一日我要日富一日
  ·2021-04-14
  翻译软件翻的吗？哪来的张艺谋？[捂脸] [捂脸]
  TikTok Founder's $60 Billion Fortune Places Him Among The World's Richest People
  ByteDance’s Zhang Yiming may soon be among world’s richest Shares trade privately at valuation of mo
  TikTok Founder's $60 Billion Fortune Places Him Among The World's Richest People
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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n瑞信：维持小米集团-W“优于大市”评级 目标价35港元\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 14:31 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021071914324879d49d0d&s=b><strong>英为财情</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>© Reuters. 瑞信：维持小米集团-W(01810)“优于大市”评级 目标价35港元智通财经APP获悉，瑞信发表研究报告，提高小米集团－Ｗ (HK:1810)(01810)2021-23智能手机的出货量预测至2.02亿、2.37亿、2.59亿部，预计2021年第二季收入将同比增长68%至900亿元人民币，增速较媒体的预估高11个百分点，而毛利率预达17.2%，经营利润将超过25%，净收入将...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021071914324879d49d0d&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9880d7eec8b534b02eee516222413c4e","relate_stocks":{"01810":"小米集团-W"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021071914324879d49d0d&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2152639224","content_text":"© Reuters. 瑞信：维持小米集团-W(01810)“优于大市”评级 目标价35港元智通财经APP获悉，瑞信发表研究报告，提高小米集团－Ｗ (HK:1810)(01810)2021-23智能手机的出货量预测至2.02亿、2.37亿、2.59亿部，预计2021年第二季收入将同比增长68%至900亿元人民币，增速较媒体的预估高11个百分点，而毛利率预达17.2%，经营利润将超过25%，净收入将增长75%至59亿元人民币。该行维持公司“优于大市”评级以及目标价35港元。该行引述媒体报告指，主要由于海外需求强劲，小米第二季智能手机出货量同比增长83%至约5270万部，超出预期的4600万至5000万部;市占率达17%，首次成为全球第二大手机厂商。公司在中国的销售份额也从去年的8%增至17%，且在印度市场仍具领导地位。该行称，新品发布、智能手机市场份额持续增长、毛利率改进，以及月活跃用户数(MAU)复苏，将成为小米股价催化剂。","news_type":1},"isVote":1,"tweetType":1,"viewCount":823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":144098950,"gmtCreate":1626251334270,"gmtModify":1626251334270,"author":{"id":"3580442706295802","authorId":"3580442706295802","name":"我要日富一日","avatar":"https://static.tigerbbs.com/89606e35c7a4eb5400966213ff3f2ba7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"33.5就想骗我卖掉？","listText":"33.5就想骗我卖掉？","text":"33.5就想骗我卖掉？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144098950","repostId":"2151976975","repostType":2,"repost":{"id":"2151976975","pubTimestamp":1626249240,"share":"https://www.laohu8.com/m/news/2151976975?lang=&edition=full","pubTime":"2021-07-14 15:54","market":"hk","language":"zh","title":"大摩：予小米(1810.HK)目标价33.5港元 评级“增持”","url":"https://stock-news.laohu8.com/highlight/detail?id=2151976975","media":"格隆汇","summary":"格隆汇7月14日丨大摩发研报指，预期市场研究公司IDC将于本月底发布第二季智能手机数据，相信在中国手机市场表现疲弱及印度疫情影响下，投资者会关注小米(1810.HK)的市场份额增长情况，料成为近期股价...","content":"<html><body><div>\n<p><img border=\"0\" height=\"276\" src=\"https://webquoteklinepic.eastmoney.com/GetPic.aspx?nid=116.01810&amp;imageType=k&amp;token=28dfeb41d35cc81d84b4664d7c23c49f&amp;at=1\" width=\"578\"/></p><p>　　格隆汇7月14日丨大摩发<span>研报</span>指，预期市场研究公司IDC将于本月底发布第二季智能手机数据，相信在中国手机市场表现疲弱及印度疫情影响下，投资者会关注小米(1810.HK)的市场份额增长情况，料成为近期股价催化剂。该行预测小米期内出货量将按年增长76%，达到5,000万部，高于市场预期的4,800万部，若能达成将可推动股价上升约3%至5%；如果达到5,100万部以上，则股价可提振7%至10%。大摩给予小米目标价33.5港元，评级“增持”。该股现报27.1港元，最新市值6797亿港元。</p><p>（文章来源：格隆汇）</p>\n</div></body></html>","source":"stock_eastmoney","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>大摩：予小米(1810.HK)目标价33.5港元 评级“增持”</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; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n大摩：予小米(1810.HK)目标价33.5港元 评级“增持”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 15:54 北京时间&nbsp;&nbsp;&nbsp;<a href=http://finance.eastmoney.com/a/202107141997558490.html><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>格隆汇7月14日丨大摩发研报指，预期市场研究公司IDC将于本月底发布第二季智能手机数据，相信在中国手机市场表现疲弱及印度疫情影响下，投资者会关注小米(1810.HK)的市场份额增长情况，料成为近期股价催化剂。该行预测小米期内出货量将按年增长76%，达到5,000万部，高于市场预期的4,800万部，若能达成将可推动股价上升约3%至5%；如果达到5,100万部以上，则股价可提振7%至10%。大摩给予...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202107141997558490.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/24fa8350588843d92f819ac12ab5ce16","relate_stocks":{"01810":"小米集团-W"},"source_url":"http://finance.eastmoney.com/a/202107141997558490.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151976975","content_text":"格隆汇7月14日丨大摩发研报指，预期市场研究公司IDC将于本月底发布第二季智能手机数据，相信在中国手机市场表现疲弱及印度疫情影响下，投资者会关注小米(1810.HK)的市场份额增长情况，料成为近期股价催化剂。该行预测小米期内出货量将按年增长76%，达到5,000万部，高于市场预期的4,800万部，若能达成将可推动股价上升约3%至5%；如果达到5,100万部以上，则股价可提振7%至10%。大摩给予小米目标价33.5港元，评级“增持”。该股现报27.1港元，最新市值6797亿港元。（文章来源：格隆汇）","news_type":1},"isVote":1,"tweetType":1,"viewCount":1272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":344933851,"gmtCreate":1618365443973,"gmtModify":1618365472640,"author":{"id":"3580442706295802","authorId":"3580442706295802","name":"我要日富一日","avatar":"https://static.tigerbbs.com/89606e35c7a4eb5400966213ff3f2ba7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"翻译软件翻的吗？哪来的张艺谋？[捂脸] [捂脸]","listText":"翻译软件翻的吗？哪来的张艺谋？[捂脸] [捂脸]","text":"翻译软件翻的吗？哪来的张艺谋？[捂脸] [捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/344933851","repostId":"1158833434","repostType":2,"repost":{"id":"1158833434","pubTimestamp":1618358980,"share":"https://www.laohu8.com/m/news/1158833434?lang=&edition=full","pubTime":"2021-04-14 08:09","market":"hk","language":"en","title":"TikTok Founder's $60 Billion Fortune Places Him Among The World's Richest People","url":"https://stock-news.laohu8.com/highlight/detail?id=1158833434","media":"Bloomberg","summary":"ByteDance’s Zhang Yiming may soon be among world’s richest\nShares trade privately at valuation of mo","content":"<ul>\n <li>ByteDance’s Zhang Yiming may soon be among world’s richest</li>\n <li>Shares trade privately at valuation of more than $250 billion</li>\n</ul>\n<p>Just last year, the world’s most valuable startup,ByteDance Ltd., was being squeezed from all sides.</p>\n<p>The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, toget rid of assets. Beijing was cracking down on tech businesses, and India had&nbsp;blacklisted&nbsp;some of its social-media apps.</p>\n<p>For all the obstacles, ByteDance kept growing. Now its founder, 38-year-old&nbsp;Zhang Yiming, is among the world’s richest people -- a distinction that lately has carried&nbsp;increased risks&nbsp;in China.</p>\n<p>Shares of the company trade in the private market at a valuation of more than&nbsp;$250 billion, people familiar with the dealings have said. At that level, Zhang, who owns about a quarter of ByteDance, could be worth more than $60 billion, placing him alongside&nbsp;Tencent Holdings Ltd.’s Pony Ma, bottled-water king Zhong Shanshan and members of the Walton and Koch families in the U.S., according to the&nbsp;Bloomberg Billionaires Index.</p>\n<p>ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled&nbsp;revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming. It’s now weighing options for the initial public offering of some businesses.</p>\n<p>“Zhang is someone who’s known for thinking long-term and not easily dissuaded by short-term setbacks,” said&nbsp;Ma Rui, partner at venture-capital firm Synaptic Ventures. “He is set on building an enduring, global business.”</p>\n<p><b>Surging Valuation</b></p>\n<p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a&nbsp;report&nbsp;in the South China Morning Post. That would mean an even bigger fortune for Zhang.</p>\n<p>ByteDance representatives didn’t respond to requests for comment.</p>\n<p>It’s a tough time to be wealthy in China as the government seeks to rein in the country’s most powerful corporations and their billionaire founders. Just ask&nbsp;Jack Ma. After opening an antitrust probe, regulators fined Alibaba a record&nbsp;$2.8 billion&nbsp;and the central bank ordered an&nbsp;overhaul&nbsp;of his Ant Group Co. fintech empire so it’d be supervised more like a bank.</p>\n<p>While ByteDance hasn’t been singled out as a target, its dominance in social media and war chest for deal-making are sensitive areas the government is looking into.</p>\n<p>“There are no more silly games in the U.S. with Trump and potential bans or forced asset sales,” said Kirk Boodry, founder of investment research firm Redex Holdings. “But the pressure on tech-share prices and China in particular might make $250 billion a tough sell,” he added, referring to ByteDance’s value in private transactions.</p>\n<p>Born in the southern Chinese city of Longyan, Zhang, the only son of civil servants, studied programming at Tianjin’s Nankai University, where he built a following on the school’s online forum by fixing classmates’ computers. He joined Microsoft Corp. for a brief stint after graduating, later calling the job so boring he often “worked half of the day and read books in the other half,” according to an interview with Chinese media. He went on to develop several ventures, including a real estate search portal.</p>\n<p>His breakthrough came in 2012, when working in a four-bedroom apartment in Beijing he created ByteDance’s first hit -- a joke-sharing app that was later shut down by Beijing’s censors. It then turned to news aggregation before winning over more than 1 billion global users with its short-video platforms TikTok and Chinese twin app, Douyin. In the process, it attracted big-name investors such as SoftBank Group Corp., Sequoia Capital and proprietary-trading firm Susquehanna International Group, making it a rarity among Chinese internet startups that usually get absorbed into the wider ecosystems of Tencent and Alibaba Group Holding Ltd.</p>\n<p><b>Novel Concept</b></p>\n<p>One of Zhang’s earliest supporters, Susquehanna has become ByteDance’s largest outside backer with a 15% stake, according to a Wall Street Journal story in October. The initial bet was made at the start of 2012, when ByteDance’s news app Toutiao was just a concept that Zhang had drawn up on napkins, according to a 2016&nbsp;blog post&nbsp;by Joan Wang, who led that investment for Susquehanna’s Chinese venture-capital unit.</p>\n<p>With TikTok facing scrutiny in the U.S. and India, Zhang has put more effort into ByteDance’s nascent and fast-growing Chinese businesses, which range from gaming to education to e-commerce. That helped it increase sales to about $35 billion last year and operating profit to $7 billion, a person familiar with the results said.</p>\n<p>Investors are eyeing the&nbsp;IPO&nbsp;of some of ByteDance’s businesses after Chinese competitor Kuaishou Technology raised $5.4 billion in February in the&nbsp;biggest&nbsp;internet listing since Uber Technologies Inc. The firm’s market value is now nearing $140 billion. Last month, ByteDance&nbsp;hired&nbsp;former Xiaomi Corp. executive Chew Shou Zi as its chief financial officer, filling a long vacant position that will be crucial for its eventual market offering.</p>\n<p>For Zhang, it’s not all about immediate payoffs. The affable founder is known for his business philosophy of “delaying satisfactions” as he puts the focus on long-term growth -- a message he stressed again during his&nbsp;spiel&nbsp;to employees at the company’s ninth anniversary celebration last month.</p>\n<p>“Keep an ordinary mind, that’s something that sounds easy but important to do,” he said. “Put in the plainest words, when hungry, eat, when tired, sleep.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TikTok Founder's $60 Billion Fortune Places Him Among The World's Richest People</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\">\nTikTok Founder's $60 Billion Fortune Places Him Among The World's Richest People\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-13/tiktok-s-38-year-old-founder-is-poised-for-60-billion-fortune?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ByteDance’s Zhang Yiming may soon be among world’s richest\nShares trade privately at valuation of more than $250 billion\n\nJust last year, the world’s most valuable startup,ByteDance Ltd., was being ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-13/tiktok-s-38-year-old-founder-is-poised-for-60-billion-fortune?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","01024":"快手-W","01810":"小米集团-W"},"source_url":"http://bloomberg.com/news/articles/2021-04-13/tiktok-s-38-year-old-founder-is-poised-for-60-billion-fortune?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158833434","content_text":"ByteDance’s Zhang Yiming may soon be among world’s richest\nShares trade privately at valuation of more than $250 billion\n\nJust last year, the world’s most valuable startup,ByteDance Ltd., was being squeezed from all sides.\nThe Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, toget rid of assets. Beijing was cracking down on tech businesses, and India had blacklisted some of its social-media apps.\nFor all the obstacles, ByteDance kept growing. Now its founder, 38-year-old Zhang Yiming, is among the world’s richest people -- a distinction that lately has carried increased risks in China.\nShares of the company trade in the private market at a valuation of more than $250 billion, people familiar with the dealings have said. At that level, Zhang, who owns about a quarter of ByteDance, could be worth more than $60 billion, placing him alongside Tencent Holdings Ltd.’s Pony Ma, bottled-water king Zhong Shanshan and members of the Walton and Koch families in the U.S., according to the Bloomberg Billionaires Index.\nByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming. It’s now weighing options for the initial public offering of some businesses.\n“Zhang is someone who’s known for thinking long-term and not easily dissuaded by short-term setbacks,” said Ma Rui, partner at venture-capital firm Synaptic Ventures. “He is set on building an enduring, global business.”\nSurging Valuation\nDuring its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a report in the South China Morning Post. That would mean an even bigger fortune for Zhang.\nByteDance representatives didn’t respond to requests for comment.\nIt’s a tough time to be wealthy in China as the government seeks to rein in the country’s most powerful corporations and their billionaire founders. Just ask Jack Ma. After opening an antitrust probe, regulators fined Alibaba a record $2.8 billion and the central bank ordered an overhaul of his Ant Group Co. fintech empire so it’d be supervised more like a bank.\nWhile ByteDance hasn’t been singled out as a target, its dominance in social media and war chest for deal-making are sensitive areas the government is looking into.\n“There are no more silly games in the U.S. with Trump and potential bans or forced asset sales,” said Kirk Boodry, founder of investment research firm Redex Holdings. “But the pressure on tech-share prices and China in particular might make $250 billion a tough sell,” he added, referring to ByteDance’s value in private transactions.\nBorn in the southern Chinese city of Longyan, Zhang, the only son of civil servants, studied programming at Tianjin’s Nankai University, where he built a following on the school’s online forum by fixing classmates’ computers. He joined Microsoft Corp. for a brief stint after graduating, later calling the job so boring he often “worked half of the day and read books in the other half,” according to an interview with Chinese media. He went on to develop several ventures, including a real estate search portal.\nHis breakthrough came in 2012, when working in a four-bedroom apartment in Beijing he created ByteDance’s first hit -- a joke-sharing app that was later shut down by Beijing’s censors. It then turned to news aggregation before winning over more than 1 billion global users with its short-video platforms TikTok and Chinese twin app, Douyin. In the process, it attracted big-name investors such as SoftBank Group Corp., Sequoia Capital and proprietary-trading firm Susquehanna International Group, making it a rarity among Chinese internet startups that usually get absorbed into the wider ecosystems of Tencent and Alibaba Group Holding Ltd.\nNovel Concept\nOne of Zhang’s earliest supporters, Susquehanna has become ByteDance’s largest outside backer with a 15% stake, according to a Wall Street Journal story in October. The initial bet was made at the start of 2012, when ByteDance’s news app Toutiao was just a concept that Zhang had drawn up on napkins, according to a 2016 blog post by Joan Wang, who led that investment for Susquehanna’s Chinese venture-capital unit.\nWith TikTok facing scrutiny in the U.S. and India, Zhang has put more effort into ByteDance’s nascent and fast-growing Chinese businesses, which range from gaming to education to e-commerce. That helped it increase sales to about $35 billion last year and operating profit to $7 billion, a person familiar with the results said.\nInvestors are eyeing the IPO of some of ByteDance’s businesses after Chinese competitor Kuaishou Technology raised $5.4 billion in February in the biggest internet listing since Uber Technologies Inc. The firm’s market value is now nearing $140 billion. Last month, ByteDance hired former Xiaomi Corp. executive Chew Shou Zi as its chief financial officer, filling a long vacant position that will be crucial for its eventual market offering.\nFor Zhang, it’s not all about immediate payoffs. The affable founder is known for his business philosophy of “delaying satisfactions” as he puts the focus on long-term growth -- a message he stressed again during his spiel to employees at the company’s ninth anniversary celebration last month.\n“Keep an ordinary mind, that’s something that sounds easy but important to do,” he said. “Put in the plainest words, when hungry, eat, when tired, sleep.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":999,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"followers","isTTM":false}