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- vikkyngauvikkyngau
  ·2021-06-23
  Tiger
  China stocks gain as country approves first CAR-T cell therapy
  * SSEC +0.46%, CSI300 +0.77%, HSI +1.46% * Powell reiterates inflation stability * China approves fi
  China stocks gain as country approves first CAR-T cell therapy
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- vikkyngauvikkyngau
  ·2021-06-23
  Tiger
  Oil Climbs Above $73 With Report Pointing to Falling Stockpiles
  (Bloomberg) -- Oil rose above $73 a barrel after an industry report pointed to another decline in U.
  Oil Climbs Above $73 With Report Pointing to Falling Stockpiles
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- vikkyngauvikkyngau
  ·2021-06-23
  Tiger
  非常抱歉，此主贴已删除
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- vikkyngauvikkyngau
  ·2021-06-23
  Tiger
  Quality stocks haven't been this cheap in more than 20 years
  Quality is on sale in the stock market. Higher quality stocks are trading at their largest valuation
  Quality stocks haven't been this cheap in more than 20 years
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China's blue-chip CSI300 index was up 0.77%.</p>\n<p>** The financial sector sub-index climbed 0.13%, the consumer staples sector was down 1.24%, while the real estate index added 0.13%.</p>\n<p>** Chinese H-shares listed in Hong Kong rose 1.43% to 10,619.02, while the Hang Seng Index was up 1.46% at 28,721.85.</p>\n<p>** The smaller Shenzhen index was up 0.81%, the start-up board ChiNext Composite index advanced 1.63%, and Shanghai's tech-focused STAR50 index climbed 1.53%.</p>\n<p>** The largest percentage gainers in the main Shanghai Composite index were Liaoning SG Automotive Group Co Ltd , up 10.1%, followed by Anhui Jianghuai Automobile Group Corp Ltd, gaining 10.05%.</p>\n<p>** Shanghai-listed shares of <a href=\"https://laohu8.com/S/SFOSF\">Shanghai Fosun Pharmaceutical Group Co Ltd</a> rose as much as 3.4% after China approved the first CAR-T cell therapy in the country as a joint venture of Fosun Pharmaceutical had obtained the rights to sell the therapy in China.</p>\n<p>** Leading the gains, the healthcare sub-index rose 1.11%.</p>\n<p>** Lifting investors' risk appetite was Fed chief Jerome Powell's reassurance of the goal of a broad labour market recovery while he also said fear of inflation alone would not be enough to prompt rate rises.</p>\n<p>** China's state planner said on Wednesday that it and the market regulator have recently sent teams to various areas to look into commodities prices and supplies and would learn about mid- and downstream companies' situations.</p>\n<p>** Around the region, MSCI's Asia ex-Japan stock index&nbsp;was firmer by 0.74% while Japan's Nikkei index&nbsp;was up 0.02%.</p>\n<p>** The yuan was quoted at 6.4807 per U.S. dollar, 0% firmer than the previous close of 6.481.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina stocks gain as country approves first CAR-T cell therapy\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\">2021-06-23 13:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* SSEC +0.46%, CSI300 +0.77%, HSI +1.46%</p>\n<p>* Powell reiterates inflation stability</p>\n<p>* China approves first CAR-T cell therapy</p>\n<p>* Healthcare sub-index climbs over 1%</p>\n<p>SHANGHAI, June 23 (Reuters) - China shares rose on Wednesday, with healthcare stocks leading the gains after the country approved its first CAR-T cell therapy, while investors cheered the Federal Reserve's assurance that the U.S. central bank will not hasten to hike rates.</p>\n<p>** At the midday break, the Shanghai Composite index was up 0.46% at 3,573.61 points, rising for the third consecutive day. China's blue-chip CSI300 index was up 0.77%.</p>\n<p>** The financial sector sub-index climbed 0.13%, the consumer staples sector was down 1.24%, while the real estate index added 0.13%.</p>\n<p>** Chinese H-shares listed in Hong Kong rose 1.43% to 10,619.02, while the Hang Seng Index was up 1.46% at 28,721.85.</p>\n<p>** The smaller Shenzhen index was up 0.81%, the start-up board ChiNext Composite index advanced 1.63%, and Shanghai's tech-focused STAR50 index climbed 1.53%.</p>\n<p>** The largest percentage gainers in the main Shanghai Composite index were Liaoning SG Automotive Group Co Ltd , up 10.1%, followed by Anhui Jianghuai Automobile Group Corp Ltd, gaining 10.05%.</p>\n<p>** Shanghai-listed shares of <a href=\"https://laohu8.com/S/SFOSF\">Shanghai Fosun Pharmaceutical Group Co Ltd</a> rose as much as 3.4% after China approved the first CAR-T cell therapy in the country as a joint venture of Fosun Pharmaceutical had obtained the rights to sell the therapy in China.</p>\n<p>** Leading the gains, the healthcare sub-index rose 1.11%.</p>\n<p>** Lifting investors' risk appetite was Fed chief Jerome Powell's reassurance of the goal of a broad labour market recovery while he also said fear of inflation alone would not be enough to prompt rate rises.</p>\n<p>** China's state planner said on Wednesday that it and the market regulator have recently sent teams to various areas to look into commodities prices and supplies and would learn about mid- and downstream companies' situations.</p>\n<p>** Around the region, MSCI's Asia ex-Japan stock index&nbsp;was firmer by 0.74% while Japan's Nikkei index&nbsp;was up 0.02%.</p>\n<p>** The yuan was quoted at 6.4807 per U.S. dollar, 0% firmer than the previous close of 6.481.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145406056","content_text":"* SSEC +0.46%, CSI300 +0.77%, HSI +1.46%\n* Powell reiterates inflation stability\n* China approves first CAR-T cell therapy\n* Healthcare sub-index climbs over 1%\nSHANGHAI, June 23 (Reuters) - China shares rose on Wednesday, with healthcare stocks leading the gains after the country approved its first CAR-T cell therapy, while investors cheered the Federal Reserve's assurance that the U.S. central bank will not hasten to hike rates.\n** At the midday break, the Shanghai Composite index was up 0.46% at 3,573.61 points, rising for the third consecutive day. China's blue-chip CSI300 index was up 0.77%.\n** The financial sector sub-index climbed 0.13%, the consumer staples sector was down 1.24%, while the real estate index added 0.13%.\n** Chinese H-shares listed in Hong Kong rose 1.43% to 10,619.02, while the Hang Seng Index was up 1.46% at 28,721.85.\n** The smaller Shenzhen index was up 0.81%, the start-up board ChiNext Composite index advanced 1.63%, and Shanghai's tech-focused STAR50 index climbed 1.53%.\n** The largest percentage gainers in the main Shanghai Composite index were Liaoning SG Automotive Group Co Ltd , up 10.1%, followed by Anhui Jianghuai Automobile Group Corp Ltd, gaining 10.05%.\n** Shanghai-listed shares of Shanghai Fosun Pharmaceutical Group Co Ltd rose as much as 3.4% after China approved the first CAR-T cell therapy in the country as a joint venture of Fosun Pharmaceutical had obtained the rights to sell the therapy in China.\n** Leading the gains, the healthcare sub-index rose 1.11%.\n** Lifting investors' risk appetite was Fed chief Jerome Powell's reassurance of the goal of a broad labour market recovery while he also said fear of inflation alone would not be enough to prompt rate rises.\n** China's state planner said on Wednesday that it and the market regulator have recently sent teams to various areas to look into commodities prices and supplies and would learn about mid- and downstream companies' situations.\n** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.74% while Japan's Nikkei index was up 0.02%.\n** The yuan was quoted at 6.4807 per U.S. dollar, 0% firmer than the previous close of 6.481.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123596121,"gmtCreate":1624428166063,"gmtModify":1634006240759,"author":{"id":"3585359254677948","authorId":"3585359254677948","name":"vikkyngau","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585359254677948","authorIdStr":"3585359254677948"},"themes":[],"htmlText":"Tiger","listText":"Tiger","text":"Tiger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123596121","repostId":"1133595434","repostType":4,"repost":{"id":"1133595434","pubTimestamp":1624427454,"share":"https://www.laohu8.com/m/news/1133595434?lang=&edition=full","pubTime":"2021-06-23 13:50","market":"us","language":"en","title":"Oil Climbs Above $73 With Report Pointing to Falling Stockpiles","url":"https://stock-news.laohu8.com/highlight/detail?id=1133595434","media":"Bloomberg","summary":"(Bloomberg) -- Oil rose above $73 a barrel after an industry report pointed to another decline in U.","content":"<p>(Bloomberg) -- Oil rose above $73 a barrel after an industry report pointed to another decline in U.S. crude stockpiles, adding to a bullish outlook.</p>\n<p>Futures in New York climbed 0.6% after edging lower on Tuesday. The American Petroleum Institute reported crude inventories slid by 7.2 million barrels last week, according to people familiar with the data. If confirmed by government figures due later Wednesday, that would be a fifth straight weekly draw, the longest run of declines since January.</p>\n<p>Key consumers including the U.S. and China have seen a strong rebound from Covid-19, boosting fuel demand and helping to drain bloated inventories built up during the pandemic. OPEC+ is scheduled to meet next week to discuss its production policy and some nations, most notably Russia, are considering a potential output increase. A possible gain in crude flows from Iran is set to be delayed, with Tehran signaling nuclear talks may extend beyond August.</p>\n<p>The recovery in gasoline demand across Asia remains patchy, meanwhile, offering a complex picture as improvements in nations such as India and Thailand are partially offset by deteriorations elsewhere.</p>\n<p>“Prices are comfortably placed where they’re now with the supply tightness and healthy demand recovery, joined by a delayed Iranian nuke deal,” said Will Sungchil Yun, senior commodities analyst at VI Investment Corp in Seoul. “All eyes are now on the OPEC+ meeting next week.”</p>\n<p>The prompt timespread for Brent was 76 cents a barrel in backwardation -- where near-dated contracted are more expensive than later-dated ones. The bullish structure eased from 85 cents on Monday.</p>\n<p>Stockpiles at the key U.S. storage hub of Cushing fell last week, while fuel inventories including gasoline rose, the API said. The Energy Information Administration is forecast to report on Wednesday that nationwide crude stockpiles slid by 3.5 million barrels, according to a Bloomberg survey.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Climbs Above $73 With Report Pointing to Falling Stockpiles</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\">\nOil Climbs Above $73 With Report Pointing to Falling Stockpiles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 13:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-steadies-near-73-report-233710595.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil rose above $73 a barrel after an industry report pointed to another decline in U.S. crude stockpiles, adding to a bullish outlook.\nFutures in New York climbed 0.6% after edging ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-steadies-near-73-report-233710595.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/oil-steadies-near-73-report-233710595.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133595434","content_text":"(Bloomberg) -- Oil rose above $73 a barrel after an industry report pointed to another decline in U.S. crude stockpiles, adding to a bullish outlook.\nFutures in New York climbed 0.6% after edging lower on Tuesday. The American Petroleum Institute reported crude inventories slid by 7.2 million barrels last week, according to people familiar with the data. If confirmed by government figures due later Wednesday, that would be a fifth straight weekly draw, the longest run of declines since January.\nKey consumers including the U.S. and China have seen a strong rebound from Covid-19, boosting fuel demand and helping to drain bloated inventories built up during the pandemic. OPEC+ is scheduled to meet next week to discuss its production policy and some nations, most notably Russia, are considering a potential output increase. A possible gain in crude flows from Iran is set to be delayed, with Tehran signaling nuclear talks may extend beyond August.\nThe recovery in gasoline demand across Asia remains patchy, meanwhile, offering a complex picture as improvements in nations such as India and Thailand are partially offset by deteriorations elsewhere.\n“Prices are comfortably placed where they’re now with the supply tightness and healthy demand recovery, joined by a delayed Iranian nuke deal,” said Will Sungchil Yun, senior commodities analyst at VI Investment Corp in Seoul. “All eyes are now on the OPEC+ meeting next week.”\nThe prompt timespread for Brent was 76 cents a barrel in backwardation -- where near-dated contracted are more expensive than later-dated ones. The bullish structure eased from 85 cents on Monday.\nStockpiles at the key U.S. storage hub of Cushing fell last week, while fuel inventories including gasoline rose, the API said. The Energy Information Administration is forecast to report on Wednesday that nationwide crude stockpiles slid by 3.5 million barrels, according to a Bloomberg survey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123596952,"gmtCreate":1624428156576,"gmtModify":1634006241003,"author":{"id":"3585359254677948","authorId":"3585359254677948","name":"vikkyngau","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585359254677948","authorIdStr":"3585359254677948"},"themes":[],"htmlText":"Tiger","listText":"Tiger","text":"Tiger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/123596952","repostId":"1133595434","repostType":4,"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123220405,"gmtCreate":1624425562007,"gmtModify":1634006277433,"author":{"id":"3585359254677948","authorId":"3585359254677948","name":"vikkyngau","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585359254677948","authorIdStr":"3585359254677948"},"themes":[],"htmlText":"Tiger","listText":"Tiger","text":"Tiger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/123220405","repostId":"2145406595","repostType":4,"repost":{"id":"2145406595","pubTimestamp":1624424815,"share":"https://www.laohu8.com/m/news/2145406595?lang=&edition=full","pubTime":"2021-06-23 13:06","market":"us","language":"en","title":"Quality stocks haven't been this cheap in more than 20 years","url":"https://stock-news.laohu8.com/highlight/detail?id=2145406595","media":"Yahoo Finance","summary":"Quality is on sale in the stock market.\nHigher quality stocks are trading at their largest valuation","content":"<p>Quality is on sale in the stock market.</p>\n<p>Higher quality stocks are trading at their largest valuation discount to the broad market since the dot com bubble of the early 2000s (see chart below), BlackRock CIO of U.S. fundamental equities Tony DeSpirito said in a new research note.</p>\n<p>DeSpirito defines high quality stocks as those of companies that generate profits and sport pricing power (so obviously, this excludes Special Purpose Acquisition Companies, or SPACs). The companies manage their balance sheets and cash flows effectively, demonstrate strong accounting credibility and return capital to shareholders in a disciplined manner (most likely through dividends).</p>\n<p>Interestingly, despite the impressive fundamental features of high quality companies the stocks themselves have sucked wind going on nine months.</p>\n<p><img src=\"https://static.tigerbbs.com/341275a727ddc7811ed0c3a6371003ad\" tg-width=\"1846\" tg-height=\"564\" referrerpolicy=\"no-referrer\">Quality stocks look to be on sale, BlackRock contends.BlackRock</p>\n<p>DeSpirito's research shows that quality stocks have underperformed since COVID-19 vaccine announcements came to fore back in November 2020, sending their valuations lower. Instead of paying up to own quality companies amidst a global economic recovery (ones that could lift their dividends and share repurchase plans because of the macro rebound), investors have largely avoided or sold these stocks in favor of riskier bets that produced strong gains early in the recovery.</p>\n<p>A great example of this dynamic could be seen in the relative performance of the Invesco S&amp;P 500 High Beta ETF. Some of the ETF's top holdings include super risky economic recovery plays such as Carnival Corp. and United Airlines. The ETF has gained a very solid 31% year-to-date, outperforming the 13% increase in the S&amp;P 500. Meanwhile, the Schwab U.S. Dividend Equity ETF (which includes high quality dividend growers like Home Depot) is only up 17% on the year.</p>\n<p>Now, DeSpirito said the tide is about to swing back to quality.</p>\n<p>\"We see potential for quality to rerate higher. As the cycle evolves, the market will look ahead to more normalized growth rates, and investors are likely to grow more cautious amid concerns around taxes, inflation and the timing of a Fed policy shift,\" DeSpirito explained.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Quality stocks haven't been this cheap in more than 20 years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQuality stocks haven't been this cheap in more than 20 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 13:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/quality-stocks-havent-been-this-cheap-in-more-than-20-years-184255120.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quality is on sale in the stock market.\nHigher quality stocks are trading at their largest valuation discount to the broad market since the dot com bubble of the early 2000s (see chart below), ...</p>\n\n<a href=\"https://finance.yahoo.com/news/quality-stocks-havent-been-this-cheap-in-more-than-20-years-184255120.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UAL":"联合大陆航空","BLK":"贝莱德","SCHD":"Schwab US Dividend Equity ETF","CUK":"嘉年华存托凭证","CCL":"嘉年华邮轮","HD":"家得宝"},"source_url":"https://finance.yahoo.com/news/quality-stocks-havent-been-this-cheap-in-more-than-20-years-184255120.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145406595","content_text":"Quality is on sale in the stock market.\nHigher quality stocks are trading at their largest valuation discount to the broad market since the dot com bubble of the early 2000s (see chart below), BlackRock CIO of U.S. fundamental equities Tony DeSpirito said in a new research note.\nDeSpirito defines high quality stocks as those of companies that generate profits and sport pricing power (so obviously, this excludes Special Purpose Acquisition Companies, or SPACs). The companies manage their balance sheets and cash flows effectively, demonstrate strong accounting credibility and return capital to shareholders in a disciplined manner (most likely through dividends).\nInterestingly, despite the impressive fundamental features of high quality companies the stocks themselves have sucked wind going on nine months.\nQuality stocks look to be on sale, BlackRock contends.BlackRock\nDeSpirito's research shows that quality stocks have underperformed since COVID-19 vaccine announcements came to fore back in November 2020, sending their valuations lower. Instead of paying up to own quality companies amidst a global economic recovery (ones that could lift their dividends and share repurchase plans because of the macro rebound), investors have largely avoided or sold these stocks in favor of riskier bets that produced strong gains early in the recovery.\nA great example of this dynamic could be seen in the relative performance of the Invesco S&P 500 High Beta ETF. Some of the ETF's top holdings include super risky economic recovery plays such as Carnival Corp. and United Airlines. The ETF has gained a very solid 31% year-to-date, outperforming the 13% increase in the S&P 500. Meanwhile, the Schwab U.S. Dividend Equity ETF (which includes high quality dividend growers like Home Depot) is only up 17% on the year.\nNow, DeSpirito said the tide is about to swing back to quality.\n\"We see potential for quality to rerate higher. As the cycle evolves, the market will look ahead to more normalized growth rates, and investors are likely to grow more cautious amid concerns around taxes, inflation and the timing of a Fed policy shift,\" DeSpirito explained.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}