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逢股必赢

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2021-08-05

$AMD 20211015 100.0 PUT(AMD)$Bad, bad , bad.it seems that this stock becomes Reddit Meme stock

2022-09-13

Expected the surge of inflation, alwaysThis is the excuses to dump the stocks for profiteering. Looking forward the index move up in few more days. Sell put when the price is right.

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2021-06-25

$ContextLogic Inc.(WISH)$Hold and wait for the short squeezed.The short interst will be vey high for the next few days and moving forward

2021-07-28

The earning report is so fatastic and excellent but yet the post-market share price is falling badly.Unbelievable

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2021-08-24

$CrowdStrike Holdings, Inc.(CRWD)$Wishing to shoot up to another $10

2021-07-30

$Futu Holdings Limited(FUTU)$DEAD.

2021-07-20

Take the opportunity to load up the quality stocks sunce it is down so much.Definitely will rebounce these few days

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2021-06-14

No way to short the traditional fundamental stocks with strong balance sheet.You are asked to clash the wall

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2022-07-23

$NIO 20220819 22.5 CALL$Keep sliding down.

2022-07-14

Probably a good time to sell PUT option

Vaccine Stocks Crashed in Morning Trading, With Novavax Falling Nearly 10% and Ocugen Falling Over 5%

Go to Tiger App to see more news

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for another chaser","listText":"Milestone for another chaser","text":"Milestone for another chaser","images":[{"img":"https://community-static.tradeup.com/news/ca1cd8768505d20bd3a14aaf1d927645","width":"1080","height":"1653"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917618710","isVote":1,"tweetType":1,"viewCount":2639,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9935687274,"gmtCreate":1663081932098,"gmtModify":1676537199259,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Expected the surge of inflation, alwaysThis is the excuses to dump the stocks for profiteering.&nbsp; Looking forward the index move up in few more days.&nbsp;Sell put when the price is right.&nbsp;","listText":"Expected the surge of inflation, alwaysThis is the excuses to dump the stocks for profiteering.&nbsp; Looking forward the index move up in few more days.&nbsp;Sell put when the price is right.&nbsp;","text":"Expected the surge of inflation, alwaysThis is the excuses to dump the stocks for profiteering. Looking forward the index move up in few more days. Sell put when the price is right.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9935687274","repostId":"1189570916","repostType":4,"isVote":1,"tweetType":1,"viewCount":3626,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000591","authorId":"9000000000000591","name":"EvelynHoover","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"9000000000000591","idStr":"9000000000000591"},"content":"To be honest, I don't like inflation. In the short term, it will help to increase the share price. But this means that the Federal Reserve will definitely take measures to control inflation. This will bring a huge blow.","text":"To be honest, I don't like inflation. In the short term, it will help to increase the share price. But this means that the Federal Reserve will definitely take measures to control inflation. This will bring a huge blow.","html":"To be honest, I don't like inflation. In the short term, it will help to increase the share price. But this means that the Federal Reserve will definitely take measures to control inflation. This will bring a huge blow."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939927188,"gmtCreate":1662044775546,"gmtModify":1676536752432,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/ZS 20221021 170.0 CALL\">$ZS 20221021 170.0 CALL$</a>what's&nbsp; the luck.[Miser]&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/ZS 20221021 170.0 CALL\">$ZS 20221021 170.0 CALL$</a>what's&nbsp; the luck.[Miser]&nbsp;","text":"$ZS 20221021 170.0 CALL$what's the luck.[Miser]","images":[{"img":"https://community-static.tradeup.com/news/84f29654a4bc0e9dc92e7a26e14d28a0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939927188","isVote":1,"tweetType":1,"viewCount":2286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9996270640,"gmtCreate":1661180838483,"gmtModify":1676536468608,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Let the market index keeps falling&nbsp;","listText":"Let the market index keeps falling&nbsp;","text":"Let the market index keeps falling","images":[{"img":"https://community-static.tradeup.com/news/81d6181137332fd1a35201c8f9e0e869","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996270640","isVote":1,"tweetType":1,"viewCount":2481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9904286051,"gmtCreate":1660053920075,"gmtModify":1703477370506,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Inflation is still biting the economy.&nbsp;&nbsp;No light at the end of tunnel.&nbsp; Long way to tame the Inflation&nbsp;","listText":"Inflation is still biting the economy.&nbsp;&nbsp;No light at the end of tunnel.&nbsp; Long way to tame the Inflation&nbsp;","text":"Inflation is still biting the economy. No light at the end of tunnel. Long way to tame the Inflation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904286051","repostId":"1180950515","repostType":4,"repost":{"id":"1180950515","kind":"news","pubTimestamp":1660049475,"share":"https://ttm.financial/m/news/1180950515?lang=en_US&edition=fundamental","pubTime":"2022-08-09 20:51","market":"us","language":"en","title":"U.S. Productivity Drops in Second Quarter; Annual Decline Largest Ever","url":"https://stock-news.laohu8.com/highlight/detail?id=1180950515","media":"Reuters","summary":"U.S. worker productivity fell sharply in the second quarter and on an annual basis posted a record d","content":"<html><head></head><body><p>U.S. worker productivity fell sharply in the second quarter and on an annual basis posted a record decline, the Labor Department said on Tuesday.</p><p>Nonfarm productivity, which measures hourly output per worker, fell at 4.6% annualized rate last quarter, after having declined by 7.4% in the first three months of the year, the report showed.</p><p>Economists polled by Reuters had expected productivity would decline at a 4.7% rate in the April-June period.</p><p>Productivity fell at 2.5% pace from a year ago.</p><p>Large shifts in the composition of the workforce in the wake of the COVID-19 pandemic have made it harder to measure underlying productivity growth, which some economists put at about 1.0% or less, making the Federal Reserve&#39;s fight against inflation more difficult.</p><p>Hours worked increased at a 2.6% rate in the second quarter.</p><p>Unit labor costs - the price of labor per single unit of output - accelerated at a 10.8% rate. That followed a 9.3% expansion rate in the first quarter.</p><p>Unit labor costs increased at a 9.5% rate from a year ago. An acute shortage of workers is boosting wage growth. There were 10.7 million job openings at the end of June.</p><p>Hourly compensation rose at a 5.7% rate in the second quarter. Compensation increased at a 6.7% rate compared to the second quarter of 2021.</p></body></html>","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>U.S. Productivity Drops in Second Quarter; Annual Decline Largest Ever</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\">\nU.S. Productivity Drops in Second Quarter; Annual Decline Largest Ever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-09 20:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/u-productivity-drops-second-quarter-124335337.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. worker productivity fell sharply in the second quarter and on an annual basis posted a record decline, the Labor Department said on Tuesday.Nonfarm productivity, which measures hourly output per ...</p>\n\n<a href=\"https://finance.yahoo.com/news/u-productivity-drops-second-quarter-124335337.html\">Source 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/u-productivity-drops-second-quarter-124335337.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180950515","content_text":"U.S. worker productivity fell sharply in the second quarter and on an annual basis posted a record decline, the Labor Department said on Tuesday.Nonfarm productivity, which measures hourly output per worker, fell at 4.6% annualized rate last quarter, after having declined by 7.4% in the first three months of the year, the report showed.Economists polled by Reuters had expected productivity would decline at a 4.7% rate in the April-June period.Productivity fell at 2.5% pace from a year ago.Large shifts in the composition of the workforce in the wake of the COVID-19 pandemic have made it harder to measure underlying productivity growth, which some economists put at about 1.0% or less, making the Federal Reserve's fight against inflation more difficult.Hours worked increased at a 2.6% rate in the second quarter.Unit labor costs - the price of labor per single unit of output - accelerated at a 10.8% rate. That followed a 9.3% expansion rate in the first quarter.Unit labor costs increased at a 9.5% rate from a year ago. An acute shortage of workers is boosting wage growth. There were 10.7 million job openings at the end of June.Hourly compensation rose at a 5.7% rate in the second quarter. Compensation increased at a 6.7% rate compared to the second quarter of 2021.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902275129,"gmtCreate":1659714037764,"gmtModify":1704718337932,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"It means the economy is still hot snd it means the inflation is still not contained.The interest rate tends to have another big margin hike. Another 75 basis points.","listText":"It means the economy is still hot snd it means the inflation is still not contained.The interest rate tends to have another big margin hike. Another 75 basis points.","text":"It means the economy is still hot snd it means the inflation is still not contained.The interest rate tends to have another big margin hike. Another 75 basis points.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902275129","repostId":"1149987383","repostType":4,"repost":{"id":"1149987383","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1659711444,"share":"https://ttm.financial/m/news/1149987383?lang=en_US&edition=fundamental","pubTime":"2022-08-05 22:57","market":"us","language":"en","title":"Dow Edges Into Positive Territory As Stocks Erase Early Losses","url":"https://stock-news.laohu8.com/highlight/detail?id=1149987383","media":"Tiger Newspress","summary":"The Dow Jones Industrial Average rebounded following an earlier loss in the wake of a July jobs repo","content":"<html><head></head><body><p>The Dow Jones Industrial Average rebounded following an earlier loss in the wake of a July jobs report that was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign.</p><p>The Dow Jones Industrial Average shed just 3 points after being down more than 200 points. Bank stocks led the intraday comeback as rates surged from the strong jobs report. The S&amp;P 500 was flat after earlier losing about 1%. The Nasdaq Composite was down about 0.1%.</p><p>The labor market added 528,000 jobs in July,easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.</p><p>Stocks opened lower following the report, even as it seemed to indicate the economy was not currently in a recession.</p><p>“Anybody that jumped on the ‘Fed is going to pivot next year and start cutting rates’ is going to have to get off at the next station, because that’s not in the cards,” said Art Hogan, chief market strategist at B. Riley Financial. “It is clearly a situation where the economy is not screeching or heading into a recession here and now.”</p><p>Job growth was expected to slow as the Fed continues to hike interest rates to tame surging inflation, but this report shows a labor market still running hot. The report is a crucial one as it’s one of two the central bank will see before it decides how much to raise rates at its September meeting.</p><p>Major averages posted their best month since 2020 in July on the hope the Fed would slow the pace of its hikes. The S&amp;P 500 added 9.1% last month.</p></body></html>","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>Dow Edges Into Positive Territory As Stocks Erase Early Losses</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\">\nDow Edges Into Positive Territory As Stocks Erase Early Losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-05 22:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Dow Jones Industrial Average rebounded following an earlier loss in the wake of a July jobs report that was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign.</p><p>The Dow Jones Industrial Average shed just 3 points after being down more than 200 points. Bank stocks led the intraday comeback as rates surged from the strong jobs report. The S&amp;P 500 was flat after earlier losing about 1%. The Nasdaq Composite was down about 0.1%.</p><p>The labor market added 528,000 jobs in July,easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.</p><p>Stocks opened lower following the report, even as it seemed to indicate the economy was not currently in a recession.</p><p>“Anybody that jumped on the ‘Fed is going to pivot next year and start cutting rates’ is going to have to get off at the next station, because that’s not in the cards,” said Art Hogan, chief market strategist at B. Riley Financial. “It is clearly a situation where the economy is not screeching or heading into a recession here and now.”</p><p>Job growth was expected to slow as the Fed continues to hike interest rates to tame surging inflation, but this report shows a labor market still running hot. The report is a crucial one as it’s one of two the central bank will see before it decides how much to raise rates at its September meeting.</p><p>Major averages posted their best month since 2020 in July on the hope the Fed would slow the pace of its hikes. The S&amp;P 500 added 9.1% last month.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149987383","content_text":"The Dow Jones Industrial Average rebounded following an earlier loss in the wake of a July jobs report that was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign.The Dow Jones Industrial Average shed just 3 points after being down more than 200 points. Bank stocks led the intraday comeback as rates surged from the strong jobs report. The S&P 500 was flat after earlier losing about 1%. The Nasdaq Composite was down about 0.1%.The labor market added 528,000 jobs in July,easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.Stocks opened lower following the report, even as it seemed to indicate the economy was not currently in a recession.“Anybody that jumped on the ‘Fed is going to pivot next year and start cutting rates’ is going to have to get off at the next station, because that’s not in the cards,” said Art Hogan, chief market strategist at B. Riley Financial. “It is clearly a situation where the economy is not screeching or heading into a recession here and now.”Job growth was expected to slow as the Fed continues to hike interest rates to tame surging inflation, but this report shows a labor market still running hot. The report is a crucial one as it’s one of two the central bank will see before it decides how much to raise rates at its September meeting.Major averages posted their best month since 2020 in July on the hope the Fed would slow the pace of its hikes. The S&P 500 added 9.1% last month.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901197472,"gmtCreate":1659145247896,"gmtModify":1676536264375,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Probably it is a trap of bullish sign","listText":"Probably it is a trap of bullish sign","text":"Probably it is a trap of bullish sign","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901197472","repostId":"9903601120","repostType":1,"repost":{"id":9903601120,"gmtCreate":1659013591520,"gmtModify":1676536243718,"author":{"id":"3527667591235607","authorId":"3527667591235607","name":"OptionPlus","avatar":"https://static.tigerbbs.com/e8009c23927adcf8b5e1e1d101178392","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667591235607","idStr":"3527667591235607"},"themes":[],"title":"[Options] Is a good time to Sell Put Again? A big signal by unusual option","htmlText":"Hello,tigers,Let's talk about&nbsp;&nbsp;FOMC&nbsp;first. The Fed raised interest rates by 75bp as scheduled, and the federal funds rate rose to 2.25 ~ 2.5%, equalling the highest level after the last round of interest rate hikes at the end of 2018.In Powell's press, there are the most important words as follow. He mentioned that it will come appropriate to slow the pace of increases, which is widely interpreted as doves.The next meeting will be in September,&nbsp;there&nbsp;are&nbsp;two&nbsp;months&nbsp;to&nbsp;verify whether inflation has eased.Since last week,&nbsp;the&nbsp;beta&nbsp;stocks saw in a large amount of capital inflow.&nbsp;and QQQ took the lead in making up for the higher gap. In the past two days, big technologies missed the expectations to rise instead. All signal to the","listText":"Hello,tigers,Let's talk about&nbsp;&nbsp;FOMC&nbsp;first. The Fed raised interest rates by 75bp as scheduled, and the federal funds rate rose to 2.25 ~ 2.5%, equalling the highest level after the last round of interest rate hikes at the end of 2018.In Powell's press, there are the most important words as follow. He mentioned that it will come appropriate to slow the pace of increases, which is widely interpreted as doves.The next meeting will be in September,&nbsp;there&nbsp;are&nbsp;two&nbsp;months&nbsp;to&nbsp;verify whether inflation has eased.Since last week,&nbsp;the&nbsp;beta&nbsp;stocks saw in a large amount of capital inflow.&nbsp;and QQQ took the lead in making up for the higher gap. In the past two days, big technologies missed the expectations to rise instead. All signal to the","text":"Hello,tigers,Let's talk about FOMC first. The Fed raised interest rates by 75bp as scheduled, and the federal funds rate rose to 2.25 ~ 2.5%, equalling the highest level after the last round of interest rate hikes at the end of 2018.In Powell's press, there are the most important words as follow. He mentioned that it will come appropriate to slow the pace of increases, which is widely interpreted as doves.The next meeting will be in September, there are two months to verify whether inflation has eased.Since last week, the beta stocks saw in a large amount of capital inflow. and QQQ took the lead in making up for the higher gap. In the past two days, big technologies missed the expectations to rise instead. All signal to the","images":[{"img":"https://static.tigerbbs.com/595964648c86c8b9d7d506ef5649aef1","width":"-1","height":"-1"},{"img":"https://static.tigerbbs.com/9f031a81e432bee6cf174573d33fa872","width":"-1","height":"-1"},{"img":"https://static.tigerbbs.com/09961cc913268f2d9f0651149f25c963","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903601120","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2022,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901905133,"gmtCreate":1659106948522,"gmtModify":1676536258676,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/MSFT 20221021 275.0 CALL\">$MSFT 20221021 275.0 CALL$</a>will see the tunel light ar the end.Stock will slowly crash, definitely.&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/MSFT 20221021 275.0 CALL\">$MSFT 20221021 275.0 CALL$</a>will see the tunel light ar the end.Stock will slowly crash, definitely.&nbsp;","text":"$MSFT 20221021 275.0 CALL$will see the tunel light ar the end.Stock will slowly crash, definitely.","images":[{"img":"https://community-static.tradeup.com/news/e06385a1ab1fffdb5c6cefebd3f80f80","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901905133","isVote":1,"tweetType":1,"viewCount":2875,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9077578733,"gmtCreate":1658547438022,"gmtModify":1676536175430,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/NIO 20220819 22.5 CALL\">$NIO 20220819 22.5 CALL$</a>Keep sliding down.","listText":"<a href=\"https://ttm.financial/OPT/NIO 20220819 22.5 CALL\">$NIO 20220819 22.5 CALL$</a>Keep sliding down.","text":"$NIO 20220819 22.5 CALL$Keep sliding down.","images":[{"img":"https://community-static.tradeup.com/news/29db0a7820515c88a045911249924094","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077578733","isVote":1,"tweetType":1,"viewCount":2471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9076700748,"gmtCreate":1657898529885,"gmtModify":1676536079200,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Great news but not sure how long it will last","listText":"Great news but not sure how long it will last","text":"Great news but not sure how long it will last","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076700748","repostId":"1173778264","repostType":2,"repost":{"id":"1173778264","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657898350,"share":"https://ttm.financial/m/news/1173778264?lang=en_US&edition=fundamental","pubTime":"2022-07-15 23:19","market":"us","language":"en","title":"U.S. Stocks Took off in Morning Trading; Dow Jones Surged Over 2% While S&P500 and Nasdaq Rose Over 1.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1173778264","media":"Tiger Newspress","summary":"U.S. stocks took off in morning trading. Dow Jones surged 2.09%; S&P500 jumped 1.79% while Nasdaq ro","content":"<html><head></head><body><p>U.S. stocks took off in morning trading. Dow Jones surged 2.09%; S&amp;P500 jumped 1.79% while Nasdaq rose 1.51%. </p><p><img src=\"https://static.tigerbbs.com/0e901d7f48f1db68cf6d1087d1eca2e3\" tg-width=\"627\" tg-height=\"122\" width=\"100%\" height=\"auto\"/></p></body></html>","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>U.S. Stocks Took off in Morning Trading; Dow Jones Surged Over 2% While S&P500 and Nasdaq Rose Over 1.5%</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\">\nU.S. Stocks Took off in Morning Trading; Dow Jones Surged Over 2% While S&P500 and Nasdaq Rose Over 1.5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-15 23:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks took off in morning trading. Dow Jones surged 2.09%; S&amp;P500 jumped 1.79% while Nasdaq rose 1.51%. </p><p><img src=\"https://static.tigerbbs.com/0e901d7f48f1db68cf6d1087d1eca2e3\" tg-width=\"627\" tg-height=\"122\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173778264","content_text":"U.S. stocks took off in morning trading. Dow Jones surged 2.09%; S&P500 jumped 1.79% while Nasdaq rose 1.51%.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076123970,"gmtCreate":1657812435590,"gmtModify":1676536065747,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Great article! I would like to share it.","listText":"Great article! I would like to share it.","text":"Great article! I would like to share it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076123970","repostId":"1147310365","repostType":2,"repost":{"id":"1147310365","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657812307,"share":"https://ttm.financial/m/news/1147310365?lang=en_US&edition=fundamental","pubTime":"2022-07-14 23:25","market":"us","language":"en","title":"U.S. Stocks Remained Low in Morning Trading; Dow Jone, Nasdaq and S&P 500 Fell Over 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1147310365","media":"Tiger Newspress","summary":"U.S. stocks remained low in morning trading. Dow Jones slid 1.4%, Nasdaq fell 1.06% while S&P 500 di","content":"<html><head></head><body><p>U.S. stocks remained low in morning trading. Dow Jones slid 1.4%, Nasdaq fell 1.06% while S&amp;P 500 dipped 1.29%.<img src=\"https://static.tigerbbs.com/14f4b197ee00d49830227cb8e2d95df6\" tg-width=\"629\" tg-height=\"119\" width=\"100%\" height=\"auto\"/></p></body></html>","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>U.S. Stocks Remained Low in Morning Trading; Dow Jone, Nasdaq and S&P 500 Fell Over 1%</title>\n<style 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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\">\nU.S. Stocks Remained Low in Morning Trading; Dow Jone, Nasdaq and S&P 500 Fell Over 1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-14 23:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks remained low in morning trading. Dow Jones slid 1.4%, Nasdaq fell 1.06% while S&amp;P 500 dipped 1.29%.<img src=\"https://static.tigerbbs.com/14f4b197ee00d49830227cb8e2d95df6\" tg-width=\"629\" tg-height=\"119\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147310365","content_text":"U.S. stocks remained low in morning trading. Dow Jones slid 1.4%, Nasdaq fell 1.06% while S&P 500 dipped 1.29%.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1015,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076111565,"gmtCreate":1657808840757,"gmtModify":1676536065059,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Probably a good time to sell PUT option&nbsp;","listText":"Probably a good time to sell PUT option&nbsp;","text":"Probably a good time to sell PUT option","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076111565","repostId":"1186690764","repostType":4,"repost":{"id":"1186690764","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657805785,"share":"https://ttm.financial/m/news/1186690764?lang=en_US&edition=fundamental","pubTime":"2022-07-14 21:36","market":"us","language":"en","title":"Vaccine Stocks Crashed in Morning Trading, With Novavax Falling Nearly 10% and Ocugen Falling Over 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1186690764","media":"Tiger Newspress","summary":"Vaccine stocks crashed in morning trading, with Novavax falling nearly 10% and Ocugen falling over 5","content":"<html><head></head><body><p>Vaccine stocks crashed in morning trading, with Novavax falling nearly 10% and Ocugen falling over 5%.<img src=\"https://static.tigerbbs.com/9ea64bcff75d7abe239ed22998c9c8bc\" tg-width=\"267\" tg-height=\"279\" width=\"100%\" height=\"auto\"/></p></body></html>","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>Vaccine Stocks Crashed in Morning Trading, With Novavax Falling Nearly 10% and Ocugen Falling Over 5%</title>\n<style 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}\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\">\nVaccine Stocks Crashed in Morning Trading, With Novavax Falling Nearly 10% and Ocugen Falling Over 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-14 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Vaccine stocks crashed in morning trading, with Novavax falling nearly 10% and Ocugen falling over 5%.<img src=\"https://static.tigerbbs.com/9ea64bcff75d7abe239ed22998c9c8bc\" tg-width=\"267\" tg-height=\"279\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen","NVAX":"诺瓦瓦克斯医药"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186690764","content_text":"Vaccine stocks crashed in morning trading, with Novavax falling nearly 10% and Ocugen falling over 5%.","news_type":1,"symbols_score_info":{"OCGN":0.9,"NVAX":0.9}},"isVote":1,"tweetType":1,"viewCount":1035,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818239263,"gmtCreate":1630411425952,"gmtModify":1676530295702,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Good earning report but it seems that pre-market price not up.","listText":"Good earning report but it seems that pre-market price not up.","text":"Good earning report but it seems that pre-market price not up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818239263","repostId":"2163858474","repostType":2,"repost":{"id":"2163858474","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1630368000,"share":"https://ttm.financial/m/news/2163858474?lang=en_US&edition=fundamental","pubTime":"2021-08-31 08:00","market":"hk","language":"en","title":"Futu Announces Second Quarter 2021 Unaudited Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2163858474","media":"GlobeNewswire","summary":"HONG KONG, Aug.  31, 2021  (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasd","content":"<p>HONG KONG, Aug.  31, 2021  (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU),&nbsp;a leading tech-driven online brokerage and wealth management platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.</p><p><b>Second Quarter 2021 Operational Highlights</b></p><ul><li><b>Total number of paying clients1</b> increased 230.2% year-over-year to 1,000,795.</li><li><b>Total number of registered clients2</b> increased 142.5% year-over-year to 2,316,094.</li><li><b>Total number of users3</b> increased 66.8% year-over-year to 15.5 million.</li><li><b>Total client assets </b>increased 253.5% year-over-year to HK$503.2 billion.</li><li><b>Daily average client assets </b>were HK$470.2 billion in the second quarter of 2021, an increase of 295.8% from the same period in 2020.</li><li><b>Total trading volume </b>increased 104.3% year-over-year to HK$1.3 trillion, in which trading volume for US stocks was HK$842.3 billion and trading volume for Hong Kong stocks was HK$447.3 billion.</li><li><b>Daily average revenue trades (DARTs)</b>4 increased 105.4% year-over-year to 540,988.</li><li><b>Margin financing and securities lending balance</b> increased 338.4% year-over-year to HK$33.0 billion.</li></ul><p><b>Second Quarter 2021 Financial Highlights</b></p><ul><li><b>Total revenues</b> increased 129.3% year-over-year to HK$1,576.9 million (US$203.1 million).</li><li><b>Total gross profit</b> increased 143.2% year-over-year to HK$1,298.0 million (US$167.1 million).</li><li><b>Net income </b>increased 125.8% year-over-year to HK$533.9 million (US$68.7 million).</li><li><b>Non-GAAP adjusted net income</b>5 increased 126.7% year-over-year to HK$550.4 million (US$70.9 million).</li></ul><p>Mr. Leaf Hua Li, Futu’s Chairman and Chief Executive Officer, said, “We are pleased to announce that our operating metrics recorded robust growth across the board in the second quarter of 2021.”</p><p>“The net addition of paying clients was approximately 211 thousand, our second-best quarter in history. We achieved the 1 million paying client milestone as of quarter end, representing 230.2% year-over-year growth. We are encouraged to see that Singapore contributed to roughly half of this net addition, which underscores our product appeal and the huge untapped market opportunity in Singapore. Organic growth continued to contribute over half of our new paying clients, with this percentage even higher in Singapore. Our quarterly paying client retention rate remained&nbsp;high at 97.8% despite rapid client growth and equities market pullback.”</p><p>“Going forward, we are committed to defending our leading position in Hong Kong, leveraging word-of-mouth referral and marketing to grab market share in Singapore, and accelerating self-clearing for U.S stock trading to improve profitability and operational flexibility.”</p><p>“Despite mark-to-market loss due to challenging equities market performances, our total client assets increased to HK$503.2 billion, representing 253.5% growth on a year-over-year basis and 8.9% growth on a quarter-over-quarter basis. Total trading volume was HK$1.3 trillion, up 104.3% year-over-year. U.S. stock trading volume accounted for approximately 64% of our total trading volume. We noticed a meaningful sequential slump in trading volume as turnover rate declined across trading markets and client cohorts against a challenging equities market backdrop.”</p><p>“As for our wealth management business <i>Money Plus</i>, we established new partnerships with 7 reputable asset managers, including Goldman Sachs, UBS and Principal. As of quarter end, over 74,000 clients held wealth management positions and total client assets in wealth management were HK$13.8 billion, up 59.2% year-over-year and 5.0% quarter-over-quarter. In the second quarter, we added fund portfolio rebalancing function and upgraded the functionality of money market funds to allow for automatic subscription and redemption based on client’s idle cash and margin balance positions. We expect steady wealth management asset balance growth regardless of overall market sentiment.”</p><p>“Our enterprise business <i>Futu I&amp;E </i>recorded robust growth in this quarter<i>.</i> We had 186 IPO and IR clients as well as 263 ESOP solutions clients as of quarter end, representing 190.6% and 152.9% year-over-year growth, respectively.”</p><p>“We continue to see active user engagement as average DAU remained above 1 million on each trading day in June. So far, over 600 companies have set up enterprise accounts in our social community to interact with retail investors, as our self-reinforcing ecosystem continues to expand and thrive.”</p><p>1 The number of paying clients refers to the number of clients with assets in their trading accounts with Futu.</p><p>2 The number of registered clients refers to the number of users who open <a href=\"https://laohu8.com/S/AONE.U\">one</a> or more trading accounts with Futu.</p><p>3 The number of users refers to the number of user accounts registered with Futu.</p><p>4 The number of Daily Average Revenue Trades (DARTs) refers to the number of average trades per day that generate commissions or fees.</p><p>5 Non-GAAP adjusted net income is defined as net income excluding share-based compensation expenses.</p><p><b>Second Quarter 2021 Financial Results</b></p><p><b>Revenues</b></p><p>Total revenues were HK$1,576.9 million (US$203.1 million), an increase of 129.3% from HK$687.6 million in the second quarter of 2020.</p><p>Brokerage commission and handling charge income was HK$797.7 million (US$102.7 million), an increase of 94.8% from HK$409.5 million in the second quarter of 2020. The rise was mainly due to the 104.3% year-over-year growth of our total trading volume. Dampened market sentiments over the second quarter led to a sequential decline in trading turnover and brokerage commission, although blended commission rates recorded a slight uptick.</p><p>Interest income was HK$610.3 million (US$78.6 million), an increase of 193.6% from HK$207.9 million in the second quarter of 2020. The increase in interest income was mainly driven by the increase in daily average margin financing balances, higher securities borrowing and lending services income, as well as higher IPO financing interest income.</p><p>Other income was HK$168.8 million (US$21.7 million), an increase of 140.5% from HK$70.2 million in the second quarter of 2020. The rise was primarily due to increases in currency exchange service income and underwriting fee income.</p><p><b>Costs</b></p><p>Total costs were HK$278.8 million (US$35.9 million), an increase of 81.3% from HK$153.8 million in the second quarter of 2020.</p><p>Brokerage commission and handling charge expenses were HK$145.2 million (US$18.7 million), an increase of 88.6% from HK$77.0 million in the second quarter of 2020. This increase was roughly in line with the growth of our brokerage commission and handling charge income.</p><p>Interest expenses were HK$79.5 million (US$10.2 million), an increase of 97.8% from HK$40.2 million in the second quarter of 2020. The increase was primarily due to higher margin financing interest expenses and higher expenses associated with our securities borrowing and lending business.</p><p>Processing and servicing costs were HK$54.2 million (US$7.0 million), an increase of 48.1% from HK$36.6 million in the second quarter of 2020. The increase was primarily due to an increase in cloud service fees to process higher number of concurrent trades.</p><p><b>Gross Profit</b></p><p>Total gross profit was HK$1,298.0 million (US$167.1 million), an increase of 143.2% from HK$533.8 million in the second quarter of 2020.</p><p>Gross profit margin increased from 77.6% in the second quarter of 2020 to 82.3% in the second quarter of 2021, attributable to higher operating leverage as a result of our larger business scale.</p><p><b>Operating Expenses</b></p><p>Total operating expenses were HK$647.4 million (US$83.4 million), an increase of 145.0% from HK$264.2 million in the second quarter of 2020.</p><p>Research and development expenses were HK$173.4 million (US$22.3 million), an increase of 47.8% from HK$117.3 million in the second quarter of 2020. The increase was primarily due to an increase in research and development headcount to build out U.S. clearing capabilities, support new product offerings and provide more customized product experiences in international markets.</p><p>Selling and marketing expenses were HK$377.4 million (US$48.6 million), an increase of 291.9% from HK$96.3 million in the second quarter of 2020. The increase was primarily due to higher branding and marketing spending, especially in international markets.</p><p>General and administrative expenses were HK$96.5 million (US$12.4 million), an increase of 90.7% from HK$50.6 million in the second quarter of 2020. The increase was primarily due to an increase in headcount for general and administrative personnel.</p><p><b>Net Income</b></p><p>Net&nbsp;income increased by 125.8% to HK$533.9 million (US$68.7 million) from HK$236.5 million in the second quarter of 2020. The increase was primarily due to robust revenue growth and operating leverage.</p><p>Non-GAAP&nbsp;adjusted net income increased by 126.7% to HK$550.4 million (US$70.9 million) from HK$242.8 million in the second quarter of 2020. Non-GAAP adjusted net income is defined as net income excluding share-based compensation expenses. For further information, see \"Use of Non-GAAP Financial Measures\" at the bottom of this press release.</p><p><b>Net Income per ADS</b></p><p>Basic net income per American Depositary Share (“ADS”) was HK$3.54 (US$0.46), compared with HK$1.88 in the second quarter of 2020. Diluted net income per ADS was HK$3.47 (US$0.45), compared with HK$1.86 in the second quarter of 2020. Each ADS represents eight Class A ordinary shares.</p><p><b>Conference Call and Webcast </b></p><p>Futu's management will hold an earnings conference call on Tuesday, August 31, 2021, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time).</p><p>Please note that all participants will need to pre-register for the conference call, using the link http://apac.directeventreg.com/registration/event/6176557. It will automatically lead to the registration page of \"Futu Holdings Ltd Second Quarter 2021 Earnings Conference Call\", where details for RSVP are needed. When requested to submit a participant conference ID, please enter the number \"6176557\".</p><p>Upon registering, all participants will be provided in confirmation emails with participant dial-in numbers, Direct Event passcodes and unique registrant IDs to access the conference call. Please dial in 10 minutes prior to the call start time using the conference access information.</p><p>A telephone replay will be available after the conclusion of the conference call through 9:59 AM U.S. Eastern Time, September 8, 2021. The dial-in details are:</p><table><tbody><tr><td>International:</td><td>+61-2-8199-0299</td></tr><tr><td>US:</td><td>+1-646-254-3697</td></tr><tr><td>Hong Kong:</td><td>+852-3051-2780</td></tr><tr><td>Passcode:</td><td>6176557</td></tr></tbody></table><p>Additionally, a live and archived webcast of this conference call will be available at https://ir.futuholdings.com/.</p><p><b>About Futu Holdings Limited</b></p><p>Futu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform. The Company primarily serves the emerging affluent population, pursuing a massive opportunity to facilitate a once-in-a-generation shift in the wealth management industry and build a digital gateway into broader financial services. The Company provides investing services through its proprietary digital platform, <i>Futubull</i> and <i>moomoo</i>, each a highly integrated application accessible through any mobile device, tablet or desktop. The Company's primary fee-generating services include trade execution and margin financing which allow its clients to trade securities, such as stocks, warrants, options, futures and exchange-traded funds, or ETFs, across different markets. Futu has also embedded social media tools to create a network centered around its users and provide connectivity to users, investors, companies, analysts, media and key opinion leaders..</p><p><b>Use of Non-GAAP Financial Measures</b></p><p>In evaluating the business, the Company considers and uses non-GAAP adjusted net income, a non-GAAP measure, as a supplemental measure to review and assess its operating performance. The presentation of the non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company defines non-GAAP adjusted net income as net income excluding share-based compensation expenses. The Company presents the non-GAAP financial measure because it is used by the management to evaluate the operating performance and formulate business plans. Non-GAAP adjusted net income enables the management to assess the Company's operating results without considering the impact of share-based compensation expenses, which are non-cash charges. The Company also believes that the use of the non-GAAP measure facilitates investors' assessment of its operating performance.</p><p>Non-GAAP adjusted net income is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. This non-GAAP financial measure has limitations as analytical tools. One of the key limitations of using non-GAAP adjusted net income is that it does not reflect all items of expense that affect the Company's operations. Share-based compensation expenses have been and may continue to be incurred in the business and is not reflected in the presentation of non-GAAP adjusted net income. Further, the non-GAAP measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.</p><p>The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating the Company's performance.</p><p>For more information on this non-GAAP financial measure, please see the table captioned \"Unaudited Reconciliations of Non-GAAP and GAAP Results\" set forth at the end of this press release.</p><p><b>Exchange Rate Information</b></p><p>This announcement contains translations of certain HK dollars (“HK$”) amounts into U.S. dollars (\"US$\") at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from HK$ to US$ were made at the rate of HK$7.7658 to US$1.00, the noon buying rate in effect on June 30, 2021 in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the HK$ or US$ amounts referred could be converted into US$ or HK$, as the case may be, at any particular rate or at all.</p><p><b>Safe Harbor Statement</b></p><p>This announcement contains forward-looking statements. These statements are made under the \"safe harbor\" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \"will,\" \"expects,\" \"anticipates,\" \"future,\" \"intends,\" \"plans,\" \"believes,\" \"estimates\" and similar statements. Among other things, the quotations from the management team of the Company, contain forward-looking statements. Futu may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Futu's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Futu's goal and strategies; Futu's expansion plans; Futu's future business development, financial condition and results of operations; Futu's expectations regarding demand for, and market acceptance of, its credit products; Futu's expectations regarding keeping and strengthening its relationships with borrowers, institutional funding partners, merchandise suppliers and other parties it collaborate with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Futu's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Futu does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p><p><b>For investor inquiries, please contact:</b></p><p>Investor Relations</p><p>Futu Holdings Limited</p><p>ir@futuholdings.com</p><table><tbody><tr><td colspan=\"6\"></td></tr><tr><td colspan=\"6\"><b><a href=\"https://laohu8.com/S/0FUT.UK\">FUTU HOLDINGS LIMITED</a> </b></td><td colspan=\"6\"></td><td colspan=\"6\"><b>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS</b></td><td colspan=\"6\"></td><td colspan=\"6\"><b>(In</b> <b>thousands,</b> <b>except</b> <b>for</b> <b>share</b> <b>and</b> <b>per</b> <b>share</b> <b>data)</b></td></tr><tr><td colspan=\"6\"></td></tr><tr><td></td><td><b>As of December 31</b></td><td></td><td colspan=\"3\"><b>As of June 30</b></td></tr><tr><td></td><td><b>2020</b></td><td></td><td><b>2021</b></td><td></td><td><b>2021</b></td></tr><tr><td></td><td><b>HK$</b></td><td></td><td><b>HK$</b></td><td></td><td><b>US$</b></td></tr><tr><td><b>ASSETS</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash and cash equivalents</td><td>1,034,668</td><td></td><td>1,773,938</td><td></td><td>228,430</td></tr><tr><td>Cash held on behalf of clients</td><td>42,487,090</td><td></td><td>62,419,357</td><td></td><td>8,037,724</td></tr><tr><td>Term deposits</td><td>300,000</td><td></td><td>-</td><td></td><td>-</td></tr><tr><td>Loans and advances (net of allowance of HK$9,075 thousand and HK$17,894 thousand as of December 31, 2020 and June 30, 2021)</td><td>18,825,366</td><td></td><td>53,184,721</td><td></td><td>6,848,582</td></tr><tr><td>Receivables:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Clients</td><td>735,145</td><td></td><td>686,210</td><td></td><td>88,363</td></tr><tr><td>Brokers</td><td>5,780,461</td><td></td><td>10,157,005</td><td></td><td>1,307,915</td></tr><tr><td>Clearing organizations</td><td>1,243,928</td><td></td><td>636,078</td><td></td><td>81,908</td></tr><tr><td>Fund management companies and fund distributors</td><td>297,622</td><td></td><td>144,352</td><td></td><td>18,588</td></tr><tr><td>Interest</td><td>19,876</td><td></td><td>36,439</td><td></td><td>4,692</td></tr><tr><td>Prepaid assets</td><td>11,422</td><td></td><td>32,120</td><td></td><td>4,136</td></tr><tr><td>Operating lease right-of-use assets</td><td>208,863</td><td></td><td>259,292</td><td></td><td>33,389</td></tr><tr><td>Other assets</td><td>393,326</td><td></td><td>405,850</td><td></td><td>52,261</td></tr><tr><td><b>Total assets</b></td><td><b>71,337,767</b></td><td></td><td><b>129,735,362</b></td><td></td><td><b>16,705,988</b></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>LIABILITIES</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amounts due to related parties</td><td>87,169</td><td></td><td>27,383</td><td></td><td>3,526</td></tr><tr><td>Payables:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Clients</td><td>46,062,842</td><td></td><td>66,053,640</td><td></td><td>8,505,710</td></tr><tr><td>Brokers</td><td>4,533,581</td><td></td><td>5,337,589</td><td></td><td>687,320</td></tr><tr><td>Clearing organizations</td><td>324,266</td><td></td><td>836,984</td><td></td><td>107,778</td></tr><tr><td>Fund management companies and fund distributors</td><td>127,442</td><td></td><td>96,206</td><td></td><td>12,388</td></tr><tr><td>Interest</td><td>5,493</td><td></td><td>14,142</td><td></td><td>1,821</td></tr><tr><td>Borrowings</td><td>5,482,818</td><td></td><td>29,329,012</td><td></td><td>3,776,689</td></tr><tr><td>Securities sold under agreements to repurchase</td><td>5,453,037</td><td></td><td>5,636,019</td><td></td><td>725,749</td></tr><tr><td>Operating lease liabilities</td><td>222,231</td><td></td><td>274,432</td><td></td><td>35,339</td></tr><tr><td>Accrued expenses and other liabilities</td><td>731,198</td><td></td><td>1,225,058</td><td></td><td>157,750</td></tr><tr><td><b>Total liabilities</b></td><td><b>63,030,077</b></td><td></td><td><b>108,830,465</b></td><td></td><td><b>14,014,070</b></td></tr></tbody></table><table><tbody><tr><td><b>SHAREHOLDERS’ EQUITY</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Class A ordinary shares</td><td>47</td><td></td><td>58</td><td></td><td>7</td></tr><tr><td>Class B ordinary shares</td><td>38</td><td></td><td>38</td><td></td><td>5</td></tr><tr><td>Additional paid-in capital</td><td>6,960,369</td><td></td><td>17,858,421</td><td></td><td>2,299,624</td></tr><tr><td>Accumulated other comprehensive income</td><td>4,974</td><td></td><td>7,928</td><td></td><td>1,021</td></tr><tr><td>Retained earnings</td><td>1,342,262</td><td></td><td>3,038,452</td><td></td><td>391,261</td></tr><tr><td><b>Total shareholders' equity</b></td><td><b>8,307,690</b></td><td></td><td><b>20,904,897</b></td><td></td><td><b>2,691,918</b></td></tr><tr><td><b>Total liabilities and shareholders' equity</b></td><td><b>71,337,767</b></td><td></td><td><b>129,735,362</b></td><td></td><td><b>16,705,988</b></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table><table><tbody><tr><td colspan=\"18\"><b>FUTU HOLDINGS LIMITED</b></td><td colspan=\"18\"></td><td colspan=\"18\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME</b></td><td colspan=\"18\"></td><td colspan=\"18\"><b>(In thousands, except for share and per share data)</b></td></tr><tr><td colspan=\"18\"></td></tr><tr><td></td><td colspan=\"8\"><b>For the Three Months Ended</b></td><td></td><td colspan=\"8\"><b>For the Six Months Ended</b></td></tr><tr><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2020</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2021</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2021</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2020</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2021</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2021</b></td></tr><tr><td></td><td colspan=\"2\"><b>HK$</b></td><td></td><td colspan=\"2\"><b>HK$</b></td><td></td><td colspan=\"2\"><b>US$</b></td><td></td><td colspan=\"2\"><b>HK$</b></td><td></td><td colspan=\"2\"><b>HK$</b></td><td></td><td colspan=\"2\"><b>US$</b></td></tr><tr><td><b>Revenues</b></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Brokerage commission and handling charge income</td><td>409,519</td><td></td><td></td><td>797,738</td><td></td><td></td><td>102,725</td><td></td><td></td><td>708,695</td><td></td><td></td><td>2,122,679</td><td></td><td></td><td>273,337</td><td></td></tr><tr><td>Interest income</td><td>207,853</td><td></td><td></td><td>610,335</td><td></td><td></td><td>78,593</td><td></td><td></td><td>352,333</td><td></td><td></td><td>1,268,940</td><td></td><td></td><td>163,401</td><td></td></tr><tr><td>Other income</td><td>70,192</td><td></td><td></td><td>168,785</td><td></td><td></td><td>21,734</td><td></td><td></td><td>117,178</td><td></td><td></td><td>389,842</td><td></td><td></td><td>50,199</td><td></td></tr><tr><td><b>Total revenues</b></td><td><b>687,564</b></td><td></td><td></td><td><b>1,576,858</b></td><td></td><td></td><td><b>203,052</b></td><td></td><td></td><td><b>1,178,206</b></td><td></td><td></td><td><b>3,781,461</b></td><td></td><td></td><td><b>486,937</b></td><td></td></tr><tr><td><b>Costs </b></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Brokerage commission and handling charge expenses</td><td>(77,032</td><td>)</td><td></td><td>(145,165</td><td>)</td><td></td><td>(18,693</td><td>)</td><td></td><td>(127,174</td><td>)</td><td></td><td>(359,002</td><td>)</td><td></td><td>(46,229</td><td>)</td></tr><tr><td>Interest expenses</td><td>(40,193</td><td>)</td><td></td><td>(79,500</td><td>)</td><td></td><td>(10,237</td><td>)</td><td></td><td>(73,315</td><td>)</td><td></td><td>(246,967</td><td>)</td><td></td><td>(31,802</td><td>)</td></tr><tr><td>Processing and servicing costs</td><td>(36,577</td><td>)</td><td></td><td>(54,166</td><td>)</td><td></td><td>(6,975</td><td>)</td><td></td><td>(71,233</td><td>)</td><td></td><td>(116,024</td><td>)</td><td></td><td>(14,940</td><td>)</td></tr><tr><td><b>Total costs </b></td><td>(153,802</td><td>)</td><td></td><td>(278,831</td><td>)</td><td></td><td>(35,905</td><td>)</td><td></td><td>(271,722</td><td>)</td><td></td><td>(721,993</td><td>)</td><td></td><td>(92,971</td><td>)</td></tr><tr><td><b>Total gross profit</b></td><td><b>533,762</b></td><td></td><td></td><td><b>1,298,027</b></td><td></td><td></td><td><b>167,147</b></td><td></td><td></td><td><b>906,484</b></td><td></td><td></td><td><b>3,059,468</b></td><td></td><td></td><td><b>393,966</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td><b>Operating expenses</b></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Research and development expenses</td><td>(117,266</td><td>)</td><td></td><td>(173,405</td><td>)</td><td></td><td>(22,329</td><td>)</td><td></td><td>(201,336</td><td>)</td><td></td><td>(310,787</td><td>)</td><td></td><td>(40,020</td><td>)</td></tr><tr><td>Selling and marketing expenses</td><td>(96,332</td><td>)</td><td></td><td>(377,426</td><td>)</td><td></td><td>(48,601</td><td>)</td><td></td><td>(161,606</td><td>)</td><td></td><td>(652,036</td><td>)</td><td></td><td>(83,963</td><td>)</td></tr><tr><td>General and administrative expenses</td><td>(50,637</td><td>)</td><td></td><td>(96,535</td><td>)</td><td></td><td>(12,431</td><td>)</td><td></td><td>(97,755</td><td>)</td><td></td><td>(174,365</td><td>)</td><td></td><td>(22,453</td><td>)</td></tr><tr><td><b>Total operating expenses </b></td><td><b>(264,235</b></td><td><b>)</b></td><td></td><td><b>(647,366</b></td><td><b>)</b></td><td></td><td><b>(83,361</b></td><td><b>)</b></td><td></td><td><b>(460,697</b></td><td><b>)</b></td><td></td><td><b>(1,137,188</b></td><td><b>)</b></td><td></td><td><b>(146,436</b></td><td><b>)</b></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Others, net</td><td>(4,693</td><td>)</td><td></td><td>(25,874</td><td>)</td><td></td><td>(3,332</td><td>)</td><td></td><td>(8,362</td><td>)</td><td></td><td>(19,593</td><td>)</td><td></td><td>(2,523</td><td>)</td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td><b>Income before income tax expense</b></td><td><b>264,834</b></td><td></td><td></td><td><b>624,787</b></td><td></td><td></td><td><b>80,454</b></td><td></td><td></td><td><b>437,425</b></td><td></td><td></td><td><b>1,902,687</b></td><td></td><td></td><td><b>245,007</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Income tax expense</td><td>(28,260</td><td>)</td><td></td><td>(90,896</td><td>)</td><td></td><td>(11,705</td><td>)</td><td></td><td>(45,775</td><td>)</td><td></td><td>(206,497</td><td>)</td><td></td><td>(26,591</td><td>)</td></tr><tr><td>Share of loss from equity method investment</td><td>(86</td><td>)</td><td></td><td>-</td><td></td><td></td><td>-</td><td></td><td></td><td>(308</td><td>)</td><td></td><td>-</td><td></td><td></td><td>-</td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td><b>Net income</b></td><td><b>236,488</b></td><td></td><td></td><td><b>533,891</b></td><td></td><td></td><td><b>68,749</b></td><td></td><td></td><td><b>391,342</b></td><td></td><td></td><td><b>1,696,190</b></td><td></td><td></td><td><b>218,416</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td><b>Net income attributable to ordinary shareholders of the Company</b></td><td><b>236,488</b></td><td></td><td></td><td><b>533,891</b></td><td></td><td></td><td><b>68,749</b></td><td></td><td></td><td><b>391,342</b></td><td></td><td></td><td><b>1,696,190</b></td><td></td><td></td><td><b>218,416</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr></tbody></table><table><tbody><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>Net income per share attributable to ordinary shareholders of the Company </b></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic</td><td>0.24</td><td></td><td></td><td>0.44</td><td></td><td></td><td>0.06</td><td></td><td></td><td>0.39</td><td></td><td></td><td>1.45</td><td></td><td></td><td>0.19</td><td></td></tr><tr><td>Diluted</td><td>0.23</td><td></td><td></td><td>0.43</td><td></td><td></td><td>0.06</td><td></td><td></td><td>0.39</td><td></td><td></td><td>1.42</td><td></td><td></td><td>0.18</td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>Net income per ADS </b></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic</td><td>1.88</td><td></td><td></td><td>3.54</td><td></td><td></td><td>0.46</td><td></td><td></td><td>3.12</td><td></td><td></td><td>11.56</td><td></td><td></td><td>1.49</td><td></td></tr><tr><td>Diluted</td><td>1.86</td><td></td><td></td><td>3.47</td><td></td><td></td><td>0.45</td><td></td><td></td><td>3.09</td><td></td><td></td><td>11.36</td><td></td><td></td><td>1.46</td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>Weighted average number of ordinary shares used in computing net income per share</b></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic</td><td>1,003,926,477</td><td></td><td></td><td>1,208,284,930</td><td></td><td></td><td>1,208,284,930</td><td></td><td></td><td>1,003,789,053</td><td></td><td></td><td>1,173,661,489</td><td></td><td></td><td>1,173,661,489</td><td></td></tr><tr><td>Diluted</td><td>1,015,012,020</td><td></td><td></td><td>1,228,898,637</td><td></td><td></td><td>1,228,898,637</td><td></td><td></td><td>1,013,357,569</td><td></td><td></td><td>1,194,580,873</td><td></td><td></td><td>1,194,580,873</td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>Net income</b></td><td><b>236,488</b></td><td></td><td></td><td><b>533,891</b></td><td></td><td></td><td><b>68,749</b></td><td></td><td></td><td><b>391,342</b></td><td></td><td></td><td><b>1,696,190</b></td><td></td><td></td><td><b>218,416</b></td><td></td></tr><tr><td><b>Other comprehensive income, net of Tax</b></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td>(114</td><td>)</td><td></td><td>9,446</td><td></td><td></td><td>1,216</td><td></td><td></td><td>(4,296</td><td>)</td><td></td><td>2,954</td><td></td><td></td><td>382</td><td></td></tr><tr><td><b>Total comprehensive income</b></td><td><b>236,374</b></td><td></td><td></td><td><b>543,337</b></td><td></td><td></td><td><b> 69,965</b></td><td></td><td></td><td><b> 387,046</b></td><td></td><td></td><td><b> 1,699,144</b></td><td></td><td></td><td><b>218,798</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table><table><tbody><tr><td colspan=\"12\"><b>FUTU HOLDINGS LIMITED</b></td><td colspan=\"12\"></td><td colspan=\"12\"><b>UNAUDITED RECONCILIATIONS OF NON-GAAP AND GAAP RESULTS</b></td><td colspan=\"12\"></td><td colspan=\"12\"><b>(In thousands)</b></td></tr><tr><td colspan=\"12\"></td></tr><tr><td></td><td colspan=\"5\"><b>For the Three Months Ended</b></td><td></td><td colspan=\"5\"><b>For the Six Months Ended</b></td></tr><tr><td></td><td><b>June 30,</b></td><td><b>2020</b></td><td></td><td><b>June 30,</b></td><td><b>2021</b></td><td></td><td><b>June 30,</b></td><td><b>2021</b></td><td></td><td><b>June 30,</b></td><td><b>2020</b></td><td></td><td><b>June 30,</b></td><td><b>2021</b></td><td></td><td><b>June 30,</b></td><td><b>2021</b></td></tr><tr><td></td><td><b>HK$</b></td><td></td><td><b>HK$</b></td><td></td><td><b>US$</b></td><td></td><td><b>HK$</b></td><td></td><td><b>HK$</b></td><td></td><td><b>US$</b></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>236,488</td><td></td><td>533,891</td><td></td><td>68,749</td><td></td><td>391,342</td><td></td><td>1,696,190</td><td></td><td>218,416</td></tr><tr><td>Add: share-based compensation expenses</td><td>6,298</td><td></td><td>16,543</td><td></td><td>2,130</td><td></td><td>12,065</td><td></td><td>33,416</td><td></td><td>4,303</td></tr><tr><td>Adjusted net income</td><td><b>242,786</b></td><td></td><td><b>550,434</b></td><td></td><td><b>70,879</b></td><td></td><td><b>403,407</b></td><td></td><td><b>1,729,606</b></td><td></td><td><b>222,719</b></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table><p>Non-GAAP to GAAP reconciling items have no income tax effect.</p><p></p><p><img src=\"https://ml.globenewswire.com/media/ZTI1NzkwZjQtY2M1My00Y2FiLWI2OGYtYWU2OWQ4ZGMyN2JmLTExMzc2MzI=/tiny/Futu-Holdings-Limited.png\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></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>Futu Announces Second Quarter 2021 Unaudited Financial Results</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\">\nFutu Announces Second Quarter 2021 Unaudited Financial Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-08-31 08:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, Aug.  31, 2021  (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU),&nbsp;a leading tech-driven online brokerage and wealth management platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.</p><p><b>Second Quarter 2021 Operational Highlights</b></p><ul><li><b>Total number of paying clients1</b> increased 230.2% year-over-year to 1,000,795.</li><li><b>Total number of registered clients2</b> increased 142.5% year-over-year to 2,316,094.</li><li><b>Total number of users3</b> increased 66.8% year-over-year to 15.5 million.</li><li><b>Total client assets </b>increased 253.5% year-over-year to HK$503.2 billion.</li><li><b>Daily average client assets </b>were HK$470.2 billion in the second quarter of 2021, an increase of 295.8% from the same period in 2020.</li><li><b>Total trading volume </b>increased 104.3% year-over-year to HK$1.3 trillion, in which trading volume for US stocks was HK$842.3 billion and trading volume for Hong Kong stocks was HK$447.3 billion.</li><li><b>Daily average revenue trades (DARTs)</b>4 increased 105.4% year-over-year to 540,988.</li><li><b>Margin financing and securities lending balance</b> increased 338.4% year-over-year to HK$33.0 billion.</li></ul><p><b>Second Quarter 2021 Financial Highlights</b></p><ul><li><b>Total revenues</b> increased 129.3% year-over-year to HK$1,576.9 million (US$203.1 million).</li><li><b>Total gross profit</b> increased 143.2% year-over-year to HK$1,298.0 million (US$167.1 million).</li><li><b>Net income </b>increased 125.8% year-over-year to HK$533.9 million (US$68.7 million).</li><li><b>Non-GAAP adjusted net income</b>5 increased 126.7% year-over-year to HK$550.4 million (US$70.9 million).</li></ul><p>Mr. Leaf Hua Li, Futu’s Chairman and Chief Executive Officer, said, “We are pleased to announce that our operating metrics recorded robust growth across the board in the second quarter of 2021.”</p><p>“The net addition of paying clients was approximately 211 thousand, our second-best quarter in history. We achieved the 1 million paying client milestone as of quarter end, representing 230.2% year-over-year growth. We are encouraged to see that Singapore contributed to roughly half of this net addition, which underscores our product appeal and the huge untapped market opportunity in Singapore. Organic growth continued to contribute over half of our new paying clients, with this percentage even higher in Singapore. Our quarterly paying client retention rate remained&nbsp;high at 97.8% despite rapid client growth and equities market pullback.”</p><p>“Going forward, we are committed to defending our leading position in Hong Kong, leveraging word-of-mouth referral and marketing to grab market share in Singapore, and accelerating self-clearing for U.S stock trading to improve profitability and operational flexibility.”</p><p>“Despite mark-to-market loss due to challenging equities market performances, our total client assets increased to HK$503.2 billion, representing 253.5% growth on a year-over-year basis and 8.9% growth on a quarter-over-quarter basis. Total trading volume was HK$1.3 trillion, up 104.3% year-over-year. U.S. stock trading volume accounted for approximately 64% of our total trading volume. We noticed a meaningful sequential slump in trading volume as turnover rate declined across trading markets and client cohorts against a challenging equities market backdrop.”</p><p>“As for our wealth management business <i>Money Plus</i>, we established new partnerships with 7 reputable asset managers, including Goldman Sachs, UBS and Principal. As of quarter end, over 74,000 clients held wealth management positions and total client assets in wealth management were HK$13.8 billion, up 59.2% year-over-year and 5.0% quarter-over-quarter. In the second quarter, we added fund portfolio rebalancing function and upgraded the functionality of money market funds to allow for automatic subscription and redemption based on client’s idle cash and margin balance positions. We expect steady wealth management asset balance growth regardless of overall market sentiment.”</p><p>“Our enterprise business <i>Futu I&amp;E </i>recorded robust growth in this quarter<i>.</i> We had 186 IPO and IR clients as well as 263 ESOP solutions clients as of quarter end, representing 190.6% and 152.9% year-over-year growth, respectively.”</p><p>“We continue to see active user engagement as average DAU remained above 1 million on each trading day in June. So far, over 600 companies have set up enterprise accounts in our social community to interact with retail investors, as our self-reinforcing ecosystem continues to expand and thrive.”</p><p>1 The number of paying clients refers to the number of clients with assets in their trading accounts with Futu.</p><p>2 The number of registered clients refers to the number of users who open <a href=\"https://laohu8.com/S/AONE.U\">one</a> or more trading accounts with Futu.</p><p>3 The number of users refers to the number of user accounts registered with Futu.</p><p>4 The number of Daily Average Revenue Trades (DARTs) refers to the number of average trades per day that generate commissions or fees.</p><p>5 Non-GAAP adjusted net income is defined as net income excluding share-based compensation expenses.</p><p><b>Second Quarter 2021 Financial Results</b></p><p><b>Revenues</b></p><p>Total revenues were HK$1,576.9 million (US$203.1 million), an increase of 129.3% from HK$687.6 million in the second quarter of 2020.</p><p>Brokerage commission and handling charge income was HK$797.7 million (US$102.7 million), an increase of 94.8% from HK$409.5 million in the second quarter of 2020. The rise was mainly due to the 104.3% year-over-year growth of our total trading volume. Dampened market sentiments over the second quarter led to a sequential decline in trading turnover and brokerage commission, although blended commission rates recorded a slight uptick.</p><p>Interest income was HK$610.3 million (US$78.6 million), an increase of 193.6% from HK$207.9 million in the second quarter of 2020. The increase in interest income was mainly driven by the increase in daily average margin financing balances, higher securities borrowing and lending services income, as well as higher IPO financing interest income.</p><p>Other income was HK$168.8 million (US$21.7 million), an increase of 140.5% from HK$70.2 million in the second quarter of 2020. The rise was primarily due to increases in currency exchange service income and underwriting fee income.</p><p><b>Costs</b></p><p>Total costs were HK$278.8 million (US$35.9 million), an increase of 81.3% from HK$153.8 million in the second quarter of 2020.</p><p>Brokerage commission and handling charge expenses were HK$145.2 million (US$18.7 million), an increase of 88.6% from HK$77.0 million in the second quarter of 2020. This increase was roughly in line with the growth of our brokerage commission and handling charge income.</p><p>Interest expenses were HK$79.5 million (US$10.2 million), an increase of 97.8% from HK$40.2 million in the second quarter of 2020. The increase was primarily due to higher margin financing interest expenses and higher expenses associated with our securities borrowing and lending business.</p><p>Processing and servicing costs were HK$54.2 million (US$7.0 million), an increase of 48.1% from HK$36.6 million in the second quarter of 2020. The increase was primarily due to an increase in cloud service fees to process higher number of concurrent trades.</p><p><b>Gross Profit</b></p><p>Total gross profit was HK$1,298.0 million (US$167.1 million), an increase of 143.2% from HK$533.8 million in the second quarter of 2020.</p><p>Gross profit margin increased from 77.6% in the second quarter of 2020 to 82.3% in the second quarter of 2021, attributable to higher operating leverage as a result of our larger business scale.</p><p><b>Operating Expenses</b></p><p>Total operating expenses were HK$647.4 million (US$83.4 million), an increase of 145.0% from HK$264.2 million in the second quarter of 2020.</p><p>Research and development expenses were HK$173.4 million (US$22.3 million), an increase of 47.8% from HK$117.3 million in the second quarter of 2020. The increase was primarily due to an increase in research and development headcount to build out U.S. clearing capabilities, support new product offerings and provide more customized product experiences in international markets.</p><p>Selling and marketing expenses were HK$377.4 million (US$48.6 million), an increase of 291.9% from HK$96.3 million in the second quarter of 2020. The increase was primarily due to higher branding and marketing spending, especially in international markets.</p><p>General and administrative expenses were HK$96.5 million (US$12.4 million), an increase of 90.7% from HK$50.6 million in the second quarter of 2020. The increase was primarily due to an increase in headcount for general and administrative personnel.</p><p><b>Net Income</b></p><p>Net&nbsp;income increased by 125.8% to HK$533.9 million (US$68.7 million) from HK$236.5 million in the second quarter of 2020. The increase was primarily due to robust revenue growth and operating leverage.</p><p>Non-GAAP&nbsp;adjusted net income increased by 126.7% to HK$550.4 million (US$70.9 million) from HK$242.8 million in the second quarter of 2020. Non-GAAP adjusted net income is defined as net income excluding share-based compensation expenses. For further information, see \"Use of Non-GAAP Financial Measures\" at the bottom of this press release.</p><p><b>Net Income per ADS</b></p><p>Basic net income per American Depositary Share (“ADS”) was HK$3.54 (US$0.46), compared with HK$1.88 in the second quarter of 2020. Diluted net income per ADS was HK$3.47 (US$0.45), compared with HK$1.86 in the second quarter of 2020. Each ADS represents eight Class A ordinary shares.</p><p><b>Conference Call and Webcast </b></p><p>Futu's management will hold an earnings conference call on Tuesday, August 31, 2021, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time).</p><p>Please note that all participants will need to pre-register for the conference call, using the link http://apac.directeventreg.com/registration/event/6176557. It will automatically lead to the registration page of \"Futu Holdings Ltd Second Quarter 2021 Earnings Conference Call\", where details for RSVP are needed. When requested to submit a participant conference ID, please enter the number \"6176557\".</p><p>Upon registering, all participants will be provided in confirmation emails with participant dial-in numbers, Direct Event passcodes and unique registrant IDs to access the conference call. Please dial in 10 minutes prior to the call start time using the conference access information.</p><p>A telephone replay will be available after the conclusion of the conference call through 9:59 AM U.S. Eastern Time, September 8, 2021. The dial-in details are:</p><table><tbody><tr><td>International:</td><td>+61-2-8199-0299</td></tr><tr><td>US:</td><td>+1-646-254-3697</td></tr><tr><td>Hong Kong:</td><td>+852-3051-2780</td></tr><tr><td>Passcode:</td><td>6176557</td></tr></tbody></table><p>Additionally, a live and archived webcast of this conference call will be available at https://ir.futuholdings.com/.</p><p><b>About Futu Holdings Limited</b></p><p>Futu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform. The Company primarily serves the emerging affluent population, pursuing a massive opportunity to facilitate a once-in-a-generation shift in the wealth management industry and build a digital gateway into broader financial services. The Company provides investing services through its proprietary digital platform, <i>Futubull</i> and <i>moomoo</i>, each a highly integrated application accessible through any mobile device, tablet or desktop. The Company's primary fee-generating services include trade execution and margin financing which allow its clients to trade securities, such as stocks, warrants, options, futures and exchange-traded funds, or ETFs, across different markets. Futu has also embedded social media tools to create a network centered around its users and provide connectivity to users, investors, companies, analysts, media and key opinion leaders..</p><p><b>Use of Non-GAAP Financial Measures</b></p><p>In evaluating the business, the Company considers and uses non-GAAP adjusted net income, a non-GAAP measure, as a supplemental measure to review and assess its operating performance. The presentation of the non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company defines non-GAAP adjusted net income as net income excluding share-based compensation expenses. The Company presents the non-GAAP financial measure because it is used by the management to evaluate the operating performance and formulate business plans. Non-GAAP adjusted net income enables the management to assess the Company's operating results without considering the impact of share-based compensation expenses, which are non-cash charges. The Company also believes that the use of the non-GAAP measure facilitates investors' assessment of its operating performance.</p><p>Non-GAAP adjusted net income is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. This non-GAAP financial measure has limitations as analytical tools. One of the key limitations of using non-GAAP adjusted net income is that it does not reflect all items of expense that affect the Company's operations. Share-based compensation expenses have been and may continue to be incurred in the business and is not reflected in the presentation of non-GAAP adjusted net income. Further, the non-GAAP measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.</p><p>The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating the Company's performance.</p><p>For more information on this non-GAAP financial measure, please see the table captioned \"Unaudited Reconciliations of Non-GAAP and GAAP Results\" set forth at the end of this press release.</p><p><b>Exchange Rate Information</b></p><p>This announcement contains translations of certain HK dollars (“HK$”) amounts into U.S. dollars (\"US$\") at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from HK$ to US$ were made at the rate of HK$7.7658 to US$1.00, the noon buying rate in effect on June 30, 2021 in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the HK$ or US$ amounts referred could be converted into US$ or HK$, as the case may be, at any particular rate or at all.</p><p><b>Safe Harbor Statement</b></p><p>This announcement contains forward-looking statements. These statements are made under the \"safe harbor\" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \"will,\" \"expects,\" \"anticipates,\" \"future,\" \"intends,\" \"plans,\" \"believes,\" \"estimates\" and similar statements. Among other things, the quotations from the management team of the Company, contain forward-looking statements. Futu may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Futu's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Futu's goal and strategies; Futu's expansion plans; Futu's future business development, financial condition and results of operations; Futu's expectations regarding demand for, and market acceptance of, its credit products; Futu's expectations regarding keeping and strengthening its relationships with borrowers, institutional funding partners, merchandise suppliers and other parties it collaborate with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Futu's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Futu does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p><p><b>For investor inquiries, please contact:</b></p><p>Investor Relations</p><p>Futu Holdings Limited</p><p>ir@futuholdings.com</p><table><tbody><tr><td colspan=\"6\"></td></tr><tr><td colspan=\"6\"><b><a href=\"https://laohu8.com/S/0FUT.UK\">FUTU HOLDINGS LIMITED</a> </b></td><td colspan=\"6\"></td><td colspan=\"6\"><b>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS</b></td><td colspan=\"6\"></td><td colspan=\"6\"><b>(In</b> <b>thousands,</b> <b>except</b> <b>for</b> <b>share</b> <b>and</b> <b>per</b> <b>share</b> <b>data)</b></td></tr><tr><td colspan=\"6\"></td></tr><tr><td></td><td><b>As of December 31</b></td><td></td><td colspan=\"3\"><b>As of June 30</b></td></tr><tr><td></td><td><b>2020</b></td><td></td><td><b>2021</b></td><td></td><td><b>2021</b></td></tr><tr><td></td><td><b>HK$</b></td><td></td><td><b>HK$</b></td><td></td><td><b>US$</b></td></tr><tr><td><b>ASSETS</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash and cash equivalents</td><td>1,034,668</td><td></td><td>1,773,938</td><td></td><td>228,430</td></tr><tr><td>Cash held on behalf of clients</td><td>42,487,090</td><td></td><td>62,419,357</td><td></td><td>8,037,724</td></tr><tr><td>Term deposits</td><td>300,000</td><td></td><td>-</td><td></td><td>-</td></tr><tr><td>Loans and advances (net of allowance of HK$9,075 thousand and HK$17,894 thousand as of December 31, 2020 and June 30, 2021)</td><td>18,825,366</td><td></td><td>53,184,721</td><td></td><td>6,848,582</td></tr><tr><td>Receivables:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Clients</td><td>735,145</td><td></td><td>686,210</td><td></td><td>88,363</td></tr><tr><td>Brokers</td><td>5,780,461</td><td></td><td>10,157,005</td><td></td><td>1,307,915</td></tr><tr><td>Clearing organizations</td><td>1,243,928</td><td></td><td>636,078</td><td></td><td>81,908</td></tr><tr><td>Fund management companies and fund distributors</td><td>297,622</td><td></td><td>144,352</td><td></td><td>18,588</td></tr><tr><td>Interest</td><td>19,876</td><td></td><td>36,439</td><td></td><td>4,692</td></tr><tr><td>Prepaid assets</td><td>11,422</td><td></td><td>32,120</td><td></td><td>4,136</td></tr><tr><td>Operating lease right-of-use assets</td><td>208,863</td><td></td><td>259,292</td><td></td><td>33,389</td></tr><tr><td>Other assets</td><td>393,326</td><td></td><td>405,850</td><td></td><td>52,261</td></tr><tr><td><b>Total assets</b></td><td><b>71,337,767</b></td><td></td><td><b>129,735,362</b></td><td></td><td><b>16,705,988</b></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>LIABILITIES</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amounts due to related parties</td><td>87,169</td><td></td><td>27,383</td><td></td><td>3,526</td></tr><tr><td>Payables:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Clients</td><td>46,062,842</td><td></td><td>66,053,640</td><td></td><td>8,505,710</td></tr><tr><td>Brokers</td><td>4,533,581</td><td></td><td>5,337,589</td><td></td><td>687,320</td></tr><tr><td>Clearing organizations</td><td>324,266</td><td></td><td>836,984</td><td></td><td>107,778</td></tr><tr><td>Fund management companies and fund distributors</td><td>127,442</td><td></td><td>96,206</td><td></td><td>12,388</td></tr><tr><td>Interest</td><td>5,493</td><td></td><td>14,142</td><td></td><td>1,821</td></tr><tr><td>Borrowings</td><td>5,482,818</td><td></td><td>29,329,012</td><td></td><td>3,776,689</td></tr><tr><td>Securities sold under agreements to repurchase</td><td>5,453,037</td><td></td><td>5,636,019</td><td></td><td>725,749</td></tr><tr><td>Operating lease liabilities</td><td>222,231</td><td></td><td>274,432</td><td></td><td>35,339</td></tr><tr><td>Accrued expenses and other liabilities</td><td>731,198</td><td></td><td>1,225,058</td><td></td><td>157,750</td></tr><tr><td><b>Total liabilities</b></td><td><b>63,030,077</b></td><td></td><td><b>108,830,465</b></td><td></td><td><b>14,014,070</b></td></tr></tbody></table><table><tbody><tr><td><b>SHAREHOLDERS’ EQUITY</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Class A ordinary shares</td><td>47</td><td></td><td>58</td><td></td><td>7</td></tr><tr><td>Class B ordinary shares</td><td>38</td><td></td><td>38</td><td></td><td>5</td></tr><tr><td>Additional paid-in capital</td><td>6,960,369</td><td></td><td>17,858,421</td><td></td><td>2,299,624</td></tr><tr><td>Accumulated other comprehensive income</td><td>4,974</td><td></td><td>7,928</td><td></td><td>1,021</td></tr><tr><td>Retained earnings</td><td>1,342,262</td><td></td><td>3,038,452</td><td></td><td>391,261</td></tr><tr><td><b>Total shareholders' equity</b></td><td><b>8,307,690</b></td><td></td><td><b>20,904,897</b></td><td></td><td><b>2,691,918</b></td></tr><tr><td><b>Total liabilities and shareholders' equity</b></td><td><b>71,337,767</b></td><td></td><td><b>129,735,362</b></td><td></td><td><b>16,705,988</b></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table><table><tbody><tr><td colspan=\"18\"><b>FUTU HOLDINGS LIMITED</b></td><td colspan=\"18\"></td><td colspan=\"18\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME</b></td><td colspan=\"18\"></td><td colspan=\"18\"><b>(In thousands, except for share and per share data)</b></td></tr><tr><td colspan=\"18\"></td></tr><tr><td></td><td colspan=\"8\"><b>For the Three Months Ended</b></td><td></td><td colspan=\"8\"><b>For the Six Months Ended</b></td></tr><tr><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2020</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2021</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2021</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2020</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2021</b></td><td></td><td colspan=\"2\"><b>June 30,</b></td><td colspan=\"2\"><b>2021</b></td></tr><tr><td></td><td colspan=\"2\"><b>HK$</b></td><td></td><td colspan=\"2\"><b>HK$</b></td><td></td><td colspan=\"2\"><b>US$</b></td><td></td><td colspan=\"2\"><b>HK$</b></td><td></td><td colspan=\"2\"><b>HK$</b></td><td></td><td colspan=\"2\"><b>US$</b></td></tr><tr><td><b>Revenues</b></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Brokerage commission and handling charge income</td><td>409,519</td><td></td><td></td><td>797,738</td><td></td><td></td><td>102,725</td><td></td><td></td><td>708,695</td><td></td><td></td><td>2,122,679</td><td></td><td></td><td>273,337</td><td></td></tr><tr><td>Interest income</td><td>207,853</td><td></td><td></td><td>610,335</td><td></td><td></td><td>78,593</td><td></td><td></td><td>352,333</td><td></td><td></td><td>1,268,940</td><td></td><td></td><td>163,401</td><td></td></tr><tr><td>Other income</td><td>70,192</td><td></td><td></td><td>168,785</td><td></td><td></td><td>21,734</td><td></td><td></td><td>117,178</td><td></td><td></td><td>389,842</td><td></td><td></td><td>50,199</td><td></td></tr><tr><td><b>Total revenues</b></td><td><b>687,564</b></td><td></td><td></td><td><b>1,576,858</b></td><td></td><td></td><td><b>203,052</b></td><td></td><td></td><td><b>1,178,206</b></td><td></td><td></td><td><b>3,781,461</b></td><td></td><td></td><td><b>486,937</b></td><td></td></tr><tr><td><b>Costs </b></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Brokerage commission and handling charge expenses</td><td>(77,032</td><td>)</td><td></td><td>(145,165</td><td>)</td><td></td><td>(18,693</td><td>)</td><td></td><td>(127,174</td><td>)</td><td></td><td>(359,002</td><td>)</td><td></td><td>(46,229</td><td>)</td></tr><tr><td>Interest expenses</td><td>(40,193</td><td>)</td><td></td><td>(79,500</td><td>)</td><td></td><td>(10,237</td><td>)</td><td></td><td>(73,315</td><td>)</td><td></td><td>(246,967</td><td>)</td><td></td><td>(31,802</td><td>)</td></tr><tr><td>Processing and servicing costs</td><td>(36,577</td><td>)</td><td></td><td>(54,166</td><td>)</td><td></td><td>(6,975</td><td>)</td><td></td><td>(71,233</td><td>)</td><td></td><td>(116,024</td><td>)</td><td></td><td>(14,940</td><td>)</td></tr><tr><td><b>Total costs </b></td><td>(153,802</td><td>)</td><td></td><td>(278,831</td><td>)</td><td></td><td>(35,905</td><td>)</td><td></td><td>(271,722</td><td>)</td><td></td><td>(721,993</td><td>)</td><td></td><td>(92,971</td><td>)</td></tr><tr><td><b>Total gross profit</b></td><td><b>533,762</b></td><td></td><td></td><td><b>1,298,027</b></td><td></td><td></td><td><b>167,147</b></td><td></td><td></td><td><b>906,484</b></td><td></td><td></td><td><b>3,059,468</b></td><td></td><td></td><td><b>393,966</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td><b>Operating expenses</b></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Research and development expenses</td><td>(117,266</td><td>)</td><td></td><td>(173,405</td><td>)</td><td></td><td>(22,329</td><td>)</td><td></td><td>(201,336</td><td>)</td><td></td><td>(310,787</td><td>)</td><td></td><td>(40,020</td><td>)</td></tr><tr><td>Selling and marketing expenses</td><td>(96,332</td><td>)</td><td></td><td>(377,426</td><td>)</td><td></td><td>(48,601</td><td>)</td><td></td><td>(161,606</td><td>)</td><td></td><td>(652,036</td><td>)</td><td></td><td>(83,963</td><td>)</td></tr><tr><td>General and administrative expenses</td><td>(50,637</td><td>)</td><td></td><td>(96,535</td><td>)</td><td></td><td>(12,431</td><td>)</td><td></td><td>(97,755</td><td>)</td><td></td><td>(174,365</td><td>)</td><td></td><td>(22,453</td><td>)</td></tr><tr><td><b>Total operating expenses </b></td><td><b>(264,235</b></td><td><b>)</b></td><td></td><td><b>(647,366</b></td><td><b>)</b></td><td></td><td><b>(83,361</b></td><td><b>)</b></td><td></td><td><b>(460,697</b></td><td><b>)</b></td><td></td><td><b>(1,137,188</b></td><td><b>)</b></td><td></td><td><b>(146,436</b></td><td><b>)</b></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Others, net</td><td>(4,693</td><td>)</td><td></td><td>(25,874</td><td>)</td><td></td><td>(3,332</td><td>)</td><td></td><td>(8,362</td><td>)</td><td></td><td>(19,593</td><td>)</td><td></td><td>(2,523</td><td>)</td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td><b>Income before income tax expense</b></td><td><b>264,834</b></td><td></td><td></td><td><b>624,787</b></td><td></td><td></td><td><b>80,454</b></td><td></td><td></td><td><b>437,425</b></td><td></td><td></td><td><b>1,902,687</b></td><td></td><td></td><td><b>245,007</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td>Income tax expense</td><td>(28,260</td><td>)</td><td></td><td>(90,896</td><td>)</td><td></td><td>(11,705</td><td>)</td><td></td><td>(45,775</td><td>)</td><td></td><td>(206,497</td><td>)</td><td></td><td>(26,591</td><td>)</td></tr><tr><td>Share of loss from equity method investment</td><td>(86</td><td>)</td><td></td><td>-</td><td></td><td></td><td>-</td><td></td><td></td><td>(308</td><td>)</td><td></td><td>-</td><td></td><td></td><td>-</td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td><b>Net income</b></td><td><b>236,488</b></td><td></td><td></td><td><b>533,891</b></td><td></td><td></td><td><b>68,749</b></td><td></td><td></td><td><b>391,342</b></td><td></td><td></td><td><b>1,696,190</b></td><td></td><td></td><td><b>218,416</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr><tr><td><b>Net income attributable to ordinary shareholders of the Company</b></td><td><b>236,488</b></td><td></td><td></td><td><b>533,891</b></td><td></td><td></td><td><b>68,749</b></td><td></td><td></td><td><b>391,342</b></td><td></td><td></td><td><b>1,696,190</b></td><td></td><td></td><td><b>218,416</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td><td></td><td colspan=\"2\"></td></tr></tbody></table><table><tbody><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>Net income per share attributable to ordinary shareholders of the Company </b></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic</td><td>0.24</td><td></td><td></td><td>0.44</td><td></td><td></td><td>0.06</td><td></td><td></td><td>0.39</td><td></td><td></td><td>1.45</td><td></td><td></td><td>0.19</td><td></td></tr><tr><td>Diluted</td><td>0.23</td><td></td><td></td><td>0.43</td><td></td><td></td><td>0.06</td><td></td><td></td><td>0.39</td><td></td><td></td><td>1.42</td><td></td><td></td><td>0.18</td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>Net income per ADS </b></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic</td><td>1.88</td><td></td><td></td><td>3.54</td><td></td><td></td><td>0.46</td><td></td><td></td><td>3.12</td><td></td><td></td><td>11.56</td><td></td><td></td><td>1.49</td><td></td></tr><tr><td>Diluted</td><td>1.86</td><td></td><td></td><td>3.47</td><td></td><td></td><td>0.45</td><td></td><td></td><td>3.09</td><td></td><td></td><td>11.36</td><td></td><td></td><td>1.46</td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>Weighted average number of ordinary shares used in computing net income per share</b></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Basic</td><td>1,003,926,477</td><td></td><td></td><td>1,208,284,930</td><td></td><td></td><td>1,208,284,930</td><td></td><td></td><td>1,003,789,053</td><td></td><td></td><td>1,173,661,489</td><td></td><td></td><td>1,173,661,489</td><td></td></tr><tr><td>Diluted</td><td>1,015,012,020</td><td></td><td></td><td>1,228,898,637</td><td></td><td></td><td>1,228,898,637</td><td></td><td></td><td>1,013,357,569</td><td></td><td></td><td>1,194,580,873</td><td></td><td></td><td>1,194,580,873</td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>Net income</b></td><td><b>236,488</b></td><td></td><td></td><td><b>533,891</b></td><td></td><td></td><td><b>68,749</b></td><td></td><td></td><td><b>391,342</b></td><td></td><td></td><td><b>1,696,190</b></td><td></td><td></td><td><b>218,416</b></td><td></td></tr><tr><td><b>Other comprehensive income, net of Tax</b></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td>(114</td><td>)</td><td></td><td>9,446</td><td></td><td></td><td>1,216</td><td></td><td></td><td>(4,296</td><td>)</td><td></td><td>2,954</td><td></td><td></td><td>382</td><td></td></tr><tr><td><b>Total comprehensive income</b></td><td><b>236,374</b></td><td></td><td></td><td><b>543,337</b></td><td></td><td></td><td><b> 69,965</b></td><td></td><td></td><td><b> 387,046</b></td><td></td><td></td><td><b> 1,699,144</b></td><td></td><td></td><td><b>218,798</b></td><td></td></tr><tr><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan=\"2\"></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table><table><tbody><tr><td colspan=\"12\"><b>FUTU HOLDINGS LIMITED</b></td><td colspan=\"12\"></td><td colspan=\"12\"><b>UNAUDITED RECONCILIATIONS OF NON-GAAP AND GAAP RESULTS</b></td><td colspan=\"12\"></td><td colspan=\"12\"><b>(In thousands)</b></td></tr><tr><td colspan=\"12\"></td></tr><tr><td></td><td colspan=\"5\"><b>For the Three Months Ended</b></td><td></td><td colspan=\"5\"><b>For the Six Months Ended</b></td></tr><tr><td></td><td><b>June 30,</b></td><td><b>2020</b></td><td></td><td><b>June 30,</b></td><td><b>2021</b></td><td></td><td><b>June 30,</b></td><td><b>2021</b></td><td></td><td><b>June 30,</b></td><td><b>2020</b></td><td></td><td><b>June 30,</b></td><td><b>2021</b></td><td></td><td><b>June 30,</b></td><td><b>2021</b></td></tr><tr><td></td><td><b>HK$</b></td><td></td><td><b>HK$</b></td><td></td><td><b>US$</b></td><td></td><td><b>HK$</b></td><td></td><td><b>HK$</b></td><td></td><td><b>US$</b></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>236,488</td><td></td><td>533,891</td><td></td><td>68,749</td><td></td><td>391,342</td><td></td><td>1,696,190</td><td></td><td>218,416</td></tr><tr><td>Add: share-based compensation expenses</td><td>6,298</td><td></td><td>16,543</td><td></td><td>2,130</td><td></td><td>12,065</td><td></td><td>33,416</td><td></td><td>4,303</td></tr><tr><td>Adjusted net income</td><td><b>242,786</b></td><td></td><td><b>550,434</b></td><td></td><td><b>70,879</b></td><td></td><td><b>403,407</b></td><td></td><td><b>1,729,606</b></td><td></td><td><b>222,719</b></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table><p>Non-GAAP to GAAP reconciling items have no income tax effect.</p><p></p><p><img src=\"https://ml.globenewswire.com/media/ZTI1NzkwZjQtY2M1My00Y2FiLWI2OGYtYWU2OWQ4ZGMyN2JmLTExMzc2MzI=/tiny/Futu-Holdings-Limited.png\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUTU":"富途控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163858474","content_text":"HONG KONG, Aug.  31, 2021  (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.Second Quarter 2021 Operational HighlightsTotal number of paying clients1 increased 230.2% year-over-year to 1,000,795.Total number of registered clients2 increased 142.5% year-over-year to 2,316,094.Total number of users3 increased 66.8% year-over-year to 15.5 million.Total client assets increased 253.5% year-over-year to HK$503.2 billion.Daily average client assets were HK$470.2 billion in the second quarter of 2021, an increase of 295.8% from the same period in 2020.Total trading volume increased 104.3% year-over-year to HK$1.3 trillion, in which trading volume for US stocks was HK$842.3 billion and trading volume for Hong Kong stocks was HK$447.3 billion.Daily average revenue trades (DARTs)4 increased 105.4% year-over-year to 540,988.Margin financing and securities lending balance increased 338.4% year-over-year to HK$33.0 billion.Second Quarter 2021 Financial HighlightsTotal revenues increased 129.3% year-over-year to HK$1,576.9 million (US$203.1 million).Total gross profit increased 143.2% year-over-year to HK$1,298.0 million (US$167.1 million).Net income increased 125.8% year-over-year to HK$533.9 million (US$68.7 million).Non-GAAP adjusted net income5 increased 126.7% year-over-year to HK$550.4 million (US$70.9 million).Mr. Leaf Hua Li, Futu’s Chairman and Chief Executive Officer, said, “We are pleased to announce that our operating metrics recorded robust growth across the board in the second quarter of 2021.”“The net addition of paying clients was approximately 211 thousand, our second-best quarter in history. We achieved the 1 million paying client milestone as of quarter end, representing 230.2% year-over-year growth. We are encouraged to see that Singapore contributed to roughly half of this net addition, which underscores our product appeal and the huge untapped market opportunity in Singapore. Organic growth continued to contribute over half of our new paying clients, with this percentage even higher in Singapore. Our quarterly paying client retention rate remained high at 97.8% despite rapid client growth and equities market pullback.”“Going forward, we are committed to defending our leading position in Hong Kong, leveraging word-of-mouth referral and marketing to grab market share in Singapore, and accelerating self-clearing for U.S stock trading to improve profitability and operational flexibility.”“Despite mark-to-market loss due to challenging equities market performances, our total client assets increased to HK$503.2 billion, representing 253.5% growth on a year-over-year basis and 8.9% growth on a quarter-over-quarter basis. Total trading volume was HK$1.3 trillion, up 104.3% year-over-year. U.S. stock trading volume accounted for approximately 64% of our total trading volume. We noticed a meaningful sequential slump in trading volume as turnover rate declined across trading markets and client cohorts against a challenging equities market backdrop.”“As for our wealth management business Money Plus, we established new partnerships with 7 reputable asset managers, including Goldman Sachs, UBS and Principal. As of quarter end, over 74,000 clients held wealth management positions and total client assets in wealth management were HK$13.8 billion, up 59.2% year-over-year and 5.0% quarter-over-quarter. In the second quarter, we added fund portfolio rebalancing function and upgraded the functionality of money market funds to allow for automatic subscription and redemption based on client’s idle cash and margin balance positions. We expect steady wealth management asset balance growth regardless of overall market sentiment.”“Our enterprise business Futu I&E recorded robust growth in this quarter. We had 186 IPO and IR clients as well as 263 ESOP solutions clients as of quarter end, representing 190.6% and 152.9% year-over-year growth, respectively.”“We continue to see active user engagement as average DAU remained above 1 million on each trading day in June. So far, over 600 companies have set up enterprise accounts in our social community to interact with retail investors, as our self-reinforcing ecosystem continues to expand and thrive.”1 The number of paying clients refers to the number of clients with assets in their trading accounts with Futu.2 The number of registered clients refers to the number of users who open one or more trading accounts with Futu.3 The number of users refers to the number of user accounts registered with Futu.4 The number of Daily Average Revenue Trades (DARTs) refers to the number of average trades per day that generate commissions or fees.5 Non-GAAP adjusted net income is defined as net income excluding share-based compensation expenses.Second Quarter 2021 Financial ResultsRevenuesTotal revenues were HK$1,576.9 million (US$203.1 million), an increase of 129.3% from HK$687.6 million in the second quarter of 2020.Brokerage commission and handling charge income was HK$797.7 million (US$102.7 million), an increase of 94.8% from HK$409.5 million in the second quarter of 2020. The rise was mainly due to the 104.3% year-over-year growth of our total trading volume. Dampened market sentiments over the second quarter led to a sequential decline in trading turnover and brokerage commission, although blended commission rates recorded a slight uptick.Interest income was HK$610.3 million (US$78.6 million), an increase of 193.6% from HK$207.9 million in the second quarter of 2020. The increase in interest income was mainly driven by the increase in daily average margin financing balances, higher securities borrowing and lending services income, as well as higher IPO financing interest income.Other income was HK$168.8 million (US$21.7 million), an increase of 140.5% from HK$70.2 million in the second quarter of 2020. The rise was primarily due to increases in currency exchange service income and underwriting fee income.CostsTotal costs were HK$278.8 million (US$35.9 million), an increase of 81.3% from HK$153.8 million in the second quarter of 2020.Brokerage commission and handling charge expenses were HK$145.2 million (US$18.7 million), an increase of 88.6% from HK$77.0 million in the second quarter of 2020. This increase was roughly in line with the growth of our brokerage commission and handling charge income.Interest expenses were HK$79.5 million (US$10.2 million), an increase of 97.8% from HK$40.2 million in the second quarter of 2020. The increase was primarily due to higher margin financing interest expenses and higher expenses associated with our securities borrowing and lending business.Processing and servicing costs were HK$54.2 million (US$7.0 million), an increase of 48.1% from HK$36.6 million in the second quarter of 2020. The increase was primarily due to an increase in cloud service fees to process higher number of concurrent trades.Gross ProfitTotal gross profit was HK$1,298.0 million (US$167.1 million), an increase of 143.2% from HK$533.8 million in the second quarter of 2020.Gross profit margin increased from 77.6% in the second quarter of 2020 to 82.3% in the second quarter of 2021, attributable to higher operating leverage as a result of our larger business scale.Operating ExpensesTotal operating expenses were HK$647.4 million (US$83.4 million), an increase of 145.0% from HK$264.2 million in the second quarter of 2020.Research and development expenses were HK$173.4 million (US$22.3 million), an increase of 47.8% from HK$117.3 million in the second quarter of 2020. The increase was primarily due to an increase in research and development headcount to build out U.S. clearing capabilities, support new product offerings and provide more customized product experiences in international markets.Selling and marketing expenses were HK$377.4 million (US$48.6 million), an increase of 291.9% from HK$96.3 million in the second quarter of 2020. The increase was primarily due to higher branding and marketing spending, especially in international markets.General and administrative expenses were HK$96.5 million (US$12.4 million), an increase of 90.7% from HK$50.6 million in the second quarter of 2020. The increase was primarily due to an increase in headcount for general and administrative personnel.Net IncomeNet income increased by 125.8% to HK$533.9 million (US$68.7 million) from HK$236.5 million in the second quarter of 2020. The increase was primarily due to robust revenue growth and operating leverage.Non-GAAP adjusted net income increased by 126.7% to HK$550.4 million (US$70.9 million) from HK$242.8 million in the second quarter of 2020. Non-GAAP adjusted net income is defined as net income excluding share-based compensation expenses. For further information, see \"Use of Non-GAAP Financial Measures\" at the bottom of this press release.Net Income per ADSBasic net income per American Depositary Share (“ADS”) was HK$3.54 (US$0.46), compared with HK$1.88 in the second quarter of 2020. Diluted net income per ADS was HK$3.47 (US$0.45), compared with HK$1.86 in the second quarter of 2020. Each ADS represents eight Class A ordinary shares.Conference Call and Webcast Futu's management will hold an earnings conference call on Tuesday, August 31, 2021, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time).Please note that all participants will need to pre-register for the conference call, using the link http://apac.directeventreg.com/registration/event/6176557. It will automatically lead to the registration page of \"Futu Holdings Ltd Second Quarter 2021 Earnings Conference Call\", where details for RSVP are needed. When requested to submit a participant conference ID, please enter the number \"6176557\".Upon registering, all participants will be provided in confirmation emails with participant dial-in numbers, Direct Event passcodes and unique registrant IDs to access the conference call. Please dial in 10 minutes prior to the call start time using the conference access information.A telephone replay will be available after the conclusion of the conference call through 9:59 AM U.S. Eastern Time, September 8, 2021. The dial-in details are:International:+61-2-8199-0299US:+1-646-254-3697Hong Kong:+852-3051-2780Passcode:6176557Additionally, a live and archived webcast of this conference call will be available at https://ir.futuholdings.com/.About Futu Holdings LimitedFutu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform. The Company primarily serves the emerging affluent population, pursuing a massive opportunity to facilitate a once-in-a-generation shift in the wealth management industry and build a digital gateway into broader financial services. The Company provides investing services through its proprietary digital platform, Futubull and moomoo, each a highly integrated application accessible through any mobile device, tablet or desktop. The Company's primary fee-generating services include trade execution and margin financing which allow its clients to trade securities, such as stocks, warrants, options, futures and exchange-traded funds, or ETFs, across different markets. Futu has also embedded social media tools to create a network centered around its users and provide connectivity to users, investors, companies, analysts, media and key opinion leaders..Use of Non-GAAP Financial MeasuresIn evaluating the business, the Company considers and uses non-GAAP adjusted net income, a non-GAAP measure, as a supplemental measure to review and assess its operating performance. The presentation of the non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company defines non-GAAP adjusted net income as net income excluding share-based compensation expenses. The Company presents the non-GAAP financial measure because it is used by the management to evaluate the operating performance and formulate business plans. Non-GAAP adjusted net income enables the management to assess the Company's operating results without considering the impact of share-based compensation expenses, which are non-cash charges. The Company also believes that the use of the non-GAAP measure facilitates investors' assessment of its operating performance.Non-GAAP adjusted net income is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. This non-GAAP financial measure has limitations as analytical tools. One of the key limitations of using non-GAAP adjusted net income is that it does not reflect all items of expense that affect the Company's operations. Share-based compensation expenses have been and may continue to be incurred in the business and is not reflected in the presentation of non-GAAP adjusted net income. Further, the non-GAAP measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating the Company's performance.For more information on this non-GAAP financial measure, please see the table captioned \"Unaudited Reconciliations of Non-GAAP and GAAP Results\" set forth at the end of this press release.Exchange Rate InformationThis announcement contains translations of certain HK dollars (“HK$”) amounts into U.S. dollars (\"US$\") at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from HK$ to US$ were made at the rate of HK$7.7658 to US$1.00, the noon buying rate in effect on June 30, 2021 in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the HK$ or US$ amounts referred could be converted into US$ or HK$, as the case may be, at any particular rate or at all.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the \"safe harbor\" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \"will,\" \"expects,\" \"anticipates,\" \"future,\" \"intends,\" \"plans,\" \"believes,\" \"estimates\" and similar statements. Among other things, the quotations from the management team of the Company, contain forward-looking statements. Futu may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Futu's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Futu's goal and strategies; Futu's expansion plans; Futu's future business development, financial condition and results of operations; Futu's expectations regarding demand for, and market acceptance of, its credit products; Futu's expectations regarding keeping and strengthening its relationships with borrowers, institutional funding partners, merchandise suppliers and other parties it collaborate with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Futu's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Futu does not undertake any obligation to update any forward-looking statement, except as required under applicable law.For investor inquiries, please contact:Investor RelationsFutu Holdings Limitedir@futuholdings.comFUTU HOLDINGS LIMITED UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except for share and per share data)As of December 31As of June 30202020212021HK$HK$US$ASSETSCash and cash equivalents1,034,6681,773,938228,430Cash held on behalf of clients42,487,09062,419,3578,037,724Term deposits300,000--Loans and advances (net of allowance of HK$9,075 thousand and HK$17,894 thousand as of December 31, 2020 and June 30, 2021)18,825,36653,184,7216,848,582Receivables:Clients735,145686,21088,363Brokers5,780,46110,157,0051,307,915Clearing organizations1,243,928636,07881,908Fund management companies and fund distributors297,622144,35218,588Interest19,87636,4394,692Prepaid assets11,42232,1204,136Operating lease right-of-use assets208,863259,29233,389Other assets393,326405,85052,261Total assets71,337,767129,735,36216,705,988LIABILITIESAmounts due to related parties87,16927,3833,526Payables:Clients46,062,84266,053,6408,505,710Brokers4,533,5815,337,589687,320Clearing organizations324,266836,984107,778Fund management companies and fund distributors127,44296,20612,388Interest5,49314,1421,821Borrowings5,482,81829,329,0123,776,689Securities sold under agreements to repurchase5,453,0375,636,019725,749Operating lease liabilities222,231274,43235,339Accrued expenses and other liabilities731,1981,225,058157,750Total liabilities63,030,077108,830,46514,014,070SHAREHOLDERS’ EQUITYClass A ordinary shares47587Class B ordinary shares38385Additional paid-in capital6,960,36917,858,4212,299,624Accumulated other comprehensive income4,9747,9281,021Retained earnings1,342,2623,038,452391,261Total shareholders' equity8,307,69020,904,8972,691,918Total liabilities and shareholders' equity71,337,767129,735,36216,705,988FUTU HOLDINGS LIMITEDUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(In thousands, except for share and per share data)For the Three Months EndedFor the Six Months EndedJune 30,2020June 30,2021June 30,2021June 30,2020June 30,2021June 30,2021HK$HK$US$HK$HK$US$RevenuesBrokerage commission and handling charge income409,519797,738102,725708,6952,122,679273,337Interest income207,853610,33578,593352,3331,268,940163,401Other income70,192168,78521,734117,178389,84250,199Total revenues687,5641,576,858203,0521,178,2063,781,461486,937Costs Brokerage commission and handling charge expenses(77,032)(145,165)(18,693)(127,174)(359,002)(46,229)Interest expenses(40,193)(79,500)(10,237)(73,315)(246,967)(31,802)Processing and servicing costs(36,577)(54,166)(6,975)(71,233)(116,024)(14,940)Total costs (153,802)(278,831)(35,905)(271,722)(721,993)(92,971)Total gross profit533,7621,298,027167,147906,4843,059,468393,966Operating expensesResearch and development expenses(117,266)(173,405)(22,329)(201,336)(310,787)(40,020)Selling and marketing expenses(96,332)(377,426)(48,601)(161,606)(652,036)(83,963)General and administrative expenses(50,637)(96,535)(12,431)(97,755)(174,365)(22,453)Total operating expenses (264,235)(647,366)(83,361)(460,697)(1,137,188)(146,436)Others, net(4,693)(25,874)(3,332)(8,362)(19,593)(2,523)Income before income tax expense264,834624,78780,454437,4251,902,687245,007Income tax expense(28,260)(90,896)(11,705)(45,775)(206,497)(26,591)Share of loss from equity method investment(86)--(308)--Net income236,488533,89168,749391,3421,696,190218,416Net income attributable to ordinary shareholders of the Company236,488533,89168,749391,3421,696,190218,416Net income per share attributable to ordinary shareholders of the Company Basic0.240.440.060.391.450.19Diluted0.230.430.060.391.420.18Net income per ADS Basic1.883.540.463.1211.561.49Diluted1.863.470.453.0911.361.46Weighted average number of ordinary shares used in computing net income per shareBasic1,003,926,4771,208,284,9301,208,284,9301,003,789,0531,173,661,4891,173,661,489Diluted1,015,012,0201,228,898,6371,228,898,6371,013,357,5691,194,580,8731,194,580,873Net income236,488533,89168,749391,3421,696,190218,416Other comprehensive income, net of TaxForeign currency translation adjustment(114)9,4461,216(4,296)2,954382Total comprehensive income236,374543,337 69,965 387,046 1,699,144218,798FUTU HOLDINGS LIMITEDUNAUDITED RECONCILIATIONS OF NON-GAAP AND GAAP RESULTS(In thousands)For the Three Months EndedFor the Six Months EndedJune 30,2020June 30,2021June 30,2021June 30,2020June 30,2021June 30,2021HK$HK$US$HK$HK$US$Net income236,488533,89168,749391,3421,696,190218,416Add: share-based compensation expenses6,29816,5432,13012,06533,4164,303Adjusted net income242,786550,43470,879403,4071,729,606222,719Non-GAAP to GAAP reconciling items have no income tax effect.","news_type":1,"symbols_score_info":{"FUTU":0.9}},"isVote":1,"tweetType":1,"viewCount":1011,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819997190,"gmtCreate":1630026019510,"gmtModify":1676530202853,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Buy in the stock as the price is low now after the most investors dumbed the share.","listText":"Buy in the stock as the price is low now after the most investors dumbed the share.","text":"Buy in the stock as the price is low now after the most investors dumbed the share.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819997190","repostId":"2162097019","repostType":2,"isVote":1,"tweetType":1,"viewCount":980,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834679546,"gmtCreate":1629802186785,"gmtModify":1676530135468,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$</a>Wishing to shoot up to another $10","listText":"<a href=\"https://laohu8.com/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$</a>Wishing to shoot up to another $10","text":"$CrowdStrike Holdings, Inc.(CRWD)$Wishing to shoot up to another $10","images":[{"img":"https://static.tigerbbs.com/53fb99420ce92e143066dc858e38e72e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834679546","isVote":1,"tweetType":1,"viewCount":1249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":833733470,"gmtCreate":1629261720090,"gmtModify":1676529983339,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Some ideas what the big fund managers to reorganise their portfolio","listText":"Some ideas what the big fund managers to reorganise their portfolio","text":"Some ideas what the big fund managers to reorganise their portfolio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833733470","repostId":"1137059057","repostType":4,"isVote":1,"tweetType":1,"viewCount":911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833818386,"gmtCreate":1629214957345,"gmtModify":1676529970270,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Crowdstrike is right time to consider at this price","listText":"Crowdstrike is right time to consider at this price","text":"Crowdstrike is right time to consider at this price","images":[{"img":"https://static.tigerbbs.com/7b4205375976ca030e2914bdacd51e7f","width":"1080","height":"2480"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833818386","isVote":1,"tweetType":1,"viewCount":1197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":891332041,"gmtCreate":1628330767283,"gmtModify":1703505148173,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Novavax is still trending down another 10%, most likely.","listText":"Novavax is still trending down another 10%, most likely.","text":"Novavax is still trending down another 10%, most likely.","images":[{"img":"https://static.tigerbbs.com/4c287c8f9c5e2a04d37dad2b3ed7dd4f","width":"1080","height":"2579"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/891332041","isVote":1,"tweetType":1,"viewCount":1382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893089240,"gmtCreate":1628221022680,"gmtModify":1703503436674,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"Look for these 5 stocks 'High Expectations '&nbsp;as recommended.&nbsp;Need to hold","listText":"Look for these 5 stocks 'High Expectations '&nbsp;as recommended.&nbsp;Need to hold","text":"Look for these 5 stocks 'High Expectations ' as recommended. Need to hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893089240","repostId":"2156810549","repostType":4,"repost":{"id":"2156810549","kind":"news","pubTimestamp":1628157730,"share":"https://ttm.financial/m/news/2156810549?lang=en_US&edition=fundamental","pubTime":"2021-08-05 18:02","market":"us","language":"en","title":"Rock-Solid Demand to Drive U.S. Economy in 2021: 5 Top Picks","url":"https://stock-news.laohu8.com/highlight/detail?id=2156810549","media":"Zacks","summary":"Wall Street has performed impressively in the first seven months of this year after finishing an ast","content":"<p>Wall Street has performed impressively in the first seven months of this year after finishing an astonishing 2020 despite the global outbreak of coronavirus. Yet, several market participants are concerned about whether stock markets will maintain momentum in the rest of 2021.</p>\n<p>The continued spread of the highly infectious Delta string of COVID-19, mounting inflationary pressure and the high valuation of stocks — as the three major stock indexes are hovering around their all-time highs — compelled a section of economists and financial researchers to talk about market corrections.</p>\n<p>Moreover, these experts are also wondering that the U.S. economic recovery may have reached its peak. As the fiscal stimulus is gradually fading out, investors are looking for the next catalyst to drive the economy. At this stage, a close look into the U.S. economy reveals that the driver is endogenous — it is rock-solid aggregate demand.</p>\n<h3>Robust Consumer Spending</h3>\n<p>The U.S. GDP exceeded the pre-pandemic level in second-quarter 2021. A section of economists and financial experts were skeptical that the U.S. economy can reach the pre-pandemic level the earliest in fourth-quarter 2021 or first-quarter 2022. This happened predominantly due to robust consumer spending that accounts for nearly 70% of the GDP.</p>\n<p>The core personal consumption expenditure (excluding volatile food and energy items) jumped 6% in the second quarter from an upwardly revised 2.7% in the previous quarter. Moreover, personal consumption returned to the positive territory with a gain of 1% in June after declining 0.1% in May.</p>\n<p>The Institute of Supply Management reported that the U.S. manufacturing PMI decreased 59.5% in July from 60.6% in June. This happened for three consecutive months although the overall PMI expanded in the last 14 months.</p>\n<p>However, the drop in the manufacturing index is solely due to supply-side bottlenecks. The report said, \"Business Survey Committee panelists reported that their companies and suppliers continue to struggle to meet increasing demand levels.\" A similar study conducted by the IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> reported that the U.S. manufacturing PMI hit a record-high 63.4% in July, mainly due to strong demand.</p>\n<p>The personal savings of Americans are around an astonishing $2 trillion. The sky-high savings are allowing people to indulge in their demands that were pent up during lockdowns and in turn compelling businesses to expand their scale of operations.</p>\n<p>U.S. businesses across sizes are expanding their scale of operations and hiring more despite soaring wages and salaries to cater to robust demand. The National Federation of Independent Business Small Business Optimism Index rose 2.9 points in June to reach a pandemic-era high of 102.5.</p>\n<p>The Conference Board reported that the consumer confidence index increased to 129.1 in the month, marking its highest level since February 2020. Spending intentions picked up last month, with a larger percentage of consumers saying that they planned to purchase homes, automobiles, and major appliances in the coming months.</p>\n<p>Consumer expenditure is likely to remain firm as we are entering the holiday sales season. This should drive the U.S. economy and consequently, Wall Street will be benefited although occasional fluctuations will remain.</p>\n<h3>Our Top Picks</h3>\n<p>We have narrowed down our search to five corporate behemoths (market capital &gt; $100 billion) as these companies have globally established business models and worldwide acknowledged brand value. These stocks have strong growth potential for the rest of 2021 and have witnessed positive earnings estimate revisions within the last 7 days indicating the market is expecting these companies to do strong business in the rest of this year.</p>\n<p>These stocks have provided better returns than the benchmark S&amp;P 500 Index in the past three months. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see <b>the complete list of today’s Zacks #1 Rank stocks here</b>.</p>\n<p>The chart below shows the price performance of our five picks in the past three months.</p>\n<p><img src=\"https://static.tigerbbs.com/72cd4b3157c44a9d96cc821d22180986\" tg-width=\"601\" tg-height=\"286\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image Source: Zacks Investment Research</p>\n<p><b>Apple Inc.</b>'s AAPL Services and Wearables businesses are expected to drive top-line growth in fiscal 2021 and beyond. Although Apple’s business primarily runs around its flagship iPhone, the Services portfolio has emerged as the company’s new cash cow. Its focus on autonomous vehicles and augmented reality/virtual reality technologies presents growth opportunity in the long haul.</p>\n<p>This Zacks Rank#1 company has an expected earnings growth rate of 2% for next year (ending September 2022) after an estimated 70.4% growth in the current year (ending September 2021). The Zacks Consensus Estimate for earnings next year improved 6.1% over the last 7 days.</p>\n<p><b>Advanced Micro Devices Inc.</b> <a href=\"https://laohu8.com/S/AMD\">AMD</a> is riding on robust performance from the Computing and Graphics, and Enterprise Embedded and Semi-Custom segments. It is benefiting from strong sales of its Ryzen and EPYC server processors, owing to the increasing proliferation of AI and Machine Learning (ML) in industries like cloud gaming and the supercomputing domain.</p>\n<p>Moreover, the growing clout of 7 nanometer (nm) products in the data center vertical, driven by work-from-home and online learning trends, is a key catalyst. Management raised its 2021 guidance for revenues and gross margin on the back of strong growth across all businesses.</p>\n<p>This Zacks Rank#1 company has an expected earnings growth rate of 93.8% for the current year. The Zacks Consensus Estimate for current-year earnings improved 15.2% over the last 7 days.</p>\n<p><b>Microsoft Corp.</b> MSFT is introducing new and improved Surface devices that could encourage enterprises to stick with Windows as they move toward BYOD and cloud computing. Microsoft’s advantages in this respect are two-fold.</p>\n<p>First, the company has a very large installed base of Office users. Most legacy data are based on Office, so enterprises are usually reluctant to use other productivity solutions. Second, the BYOD model is dependent on security and cloud integration, both of which are Microsoft’s strengths. As a result, Microsoft has been largely successful at retaining enterprise customers, which holds promise.</p>\n<p>This Zacks Rank#2 company has an expected earnings growth rate of 7.9% for the current year (ending June 2022). The Zacks Consensus Estimate for current-year earnings improved 3.5% over the last 7 days.</p>\n<p><b>NIKE Inc. </b>NKE provided strong guidance for fiscal 2022 and set long-term targets for fiscal 2025, driven by the momentum in its business as it comes out of the pandemic. For fiscal 2022, the company anticipates revenue growth in the low double digits, surpassing $50 billion, driven by strong customer demand across its operating segments.</p>\n<p>The company expects to benefit from robust digital growth, scaling NIKE-owned physical retail concepts and growing with partners. This Zacks Rank#2 company has an expected earnings growth rate of 20.8% for the current year (ending May 2022). The Zacks Consensus Estimate for current-year earnings improved 0.5% over the last 7 days.</p>\n<p><b>Qualcomm Inc. </b>QCOM is well-positioned to benefit from solid 5G traction with greater visibility to meet its long-term revenue targets. For calendar-year 2021, 5G handsets are expected to witness 150% year-over-year growth at the midpoint to about 450-550 units.</p>\n<p>Qualcomm has raised the bar for driverless cars with the launch of the first-of-its-kind automotive platform — Snapdragon Ride — which enables automakers to transform their vehicles into self-driving cars using AI.</p>\n<p>This Zacks Rank#2 company has an expected earnings growth rate of 11.2% for next year (ending September 2022). The Zacks Consensus Estimate for next-year earnings has improved 6.4% over the last 7 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>Rock-Solid Demand to Drive U.S. Economy in 2021: 5 Top Picks</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\">\nRock-Solid Demand to Drive U.S. Economy in 2021: 5 Top Picks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zacks.com/stock/news/1773998/rock-solid-demand-to-drive-us-economy-in-2021-5-top-picks?art_rec=home-home-investment_ideas_stocks-ID07-txt-1278299><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street has performed impressively in the first seven months of this year after finishing an astonishing 2020 despite the global outbreak of coronavirus. Yet, several market participants are ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/1773998/rock-solid-demand-to-drive-us-economy-in-2021-5-top-picks?art_rec=home-home-investment_ideas_stocks-ID07-txt-1278299\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通","MSFT":"微软","AMD":"美国超微公司","NKE":"耐克"},"source_url":"https://www.zacks.com/stock/news/1773998/rock-solid-demand-to-drive-us-economy-in-2021-5-top-picks?art_rec=home-home-investment_ideas_stocks-ID07-txt-1278299","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156810549","content_text":"Wall Street has performed impressively in the first seven months of this year after finishing an astonishing 2020 despite the global outbreak of coronavirus. Yet, several market participants are concerned about whether stock markets will maintain momentum in the rest of 2021.\nThe continued spread of the highly infectious Delta string of COVID-19, mounting inflationary pressure and the high valuation of stocks — as the three major stock indexes are hovering around their all-time highs — compelled a section of economists and financial researchers to talk about market corrections.\nMoreover, these experts are also wondering that the U.S. economic recovery may have reached its peak. As the fiscal stimulus is gradually fading out, investors are looking for the next catalyst to drive the economy. At this stage, a close look into the U.S. economy reveals that the driver is endogenous — it is rock-solid aggregate demand.\nRobust Consumer Spending\nThe U.S. GDP exceeded the pre-pandemic level in second-quarter 2021. A section of economists and financial experts were skeptical that the U.S. economy can reach the pre-pandemic level the earliest in fourth-quarter 2021 or first-quarter 2022. This happened predominantly due to robust consumer spending that accounts for nearly 70% of the GDP.\nThe core personal consumption expenditure (excluding volatile food and energy items) jumped 6% in the second quarter from an upwardly revised 2.7% in the previous quarter. Moreover, personal consumption returned to the positive territory with a gain of 1% in June after declining 0.1% in May.\nThe Institute of Supply Management reported that the U.S. manufacturing PMI decreased 59.5% in July from 60.6% in June. This happened for three consecutive months although the overall PMI expanded in the last 14 months.\nHowever, the drop in the manufacturing index is solely due to supply-side bottlenecks. The report said, \"Business Survey Committee panelists reported that their companies and suppliers continue to struggle to meet increasing demand levels.\" A similar study conducted by the IHS Markit reported that the U.S. manufacturing PMI hit a record-high 63.4% in July, mainly due to strong demand.\nThe personal savings of Americans are around an astonishing $2 trillion. The sky-high savings are allowing people to indulge in their demands that were pent up during lockdowns and in turn compelling businesses to expand their scale of operations.\nU.S. businesses across sizes are expanding their scale of operations and hiring more despite soaring wages and salaries to cater to robust demand. The National Federation of Independent Business Small Business Optimism Index rose 2.9 points in June to reach a pandemic-era high of 102.5.\nThe Conference Board reported that the consumer confidence index increased to 129.1 in the month, marking its highest level since February 2020. Spending intentions picked up last month, with a larger percentage of consumers saying that they planned to purchase homes, automobiles, and major appliances in the coming months.\nConsumer expenditure is likely to remain firm as we are entering the holiday sales season. This should drive the U.S. economy and consequently, Wall Street will be benefited although occasional fluctuations will remain.\nOur Top Picks\nWe have narrowed down our search to five corporate behemoths (market capital > $100 billion) as these companies have globally established business models and worldwide acknowledged brand value. These stocks have strong growth potential for the rest of 2021 and have witnessed positive earnings estimate revisions within the last 7 days indicating the market is expecting these companies to do strong business in the rest of this year.\nThese stocks have provided better returns than the benchmark S&P 500 Index in the past three months. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.\nThe chart below shows the price performance of our five picks in the past three months.\n\nImage Source: Zacks Investment Research\nApple Inc.'s AAPL Services and Wearables businesses are expected to drive top-line growth in fiscal 2021 and beyond. Although Apple’s business primarily runs around its flagship iPhone, the Services portfolio has emerged as the company’s new cash cow. Its focus on autonomous vehicles and augmented reality/virtual reality technologies presents growth opportunity in the long haul.\nThis Zacks Rank#1 company has an expected earnings growth rate of 2% for next year (ending September 2022) after an estimated 70.4% growth in the current year (ending September 2021). The Zacks Consensus Estimate for earnings next year improved 6.1% over the last 7 days.\nAdvanced Micro Devices Inc. AMD is riding on robust performance from the Computing and Graphics, and Enterprise Embedded and Semi-Custom segments. It is benefiting from strong sales of its Ryzen and EPYC server processors, owing to the increasing proliferation of AI and Machine Learning (ML) in industries like cloud gaming and the supercomputing domain.\nMoreover, the growing clout of 7 nanometer (nm) products in the data center vertical, driven by work-from-home and online learning trends, is a key catalyst. Management raised its 2021 guidance for revenues and gross margin on the back of strong growth across all businesses.\nThis Zacks Rank#1 company has an expected earnings growth rate of 93.8% for the current year. The Zacks Consensus Estimate for current-year earnings improved 15.2% over the last 7 days.\nMicrosoft Corp. MSFT is introducing new and improved Surface devices that could encourage enterprises to stick with Windows as they move toward BYOD and cloud computing. Microsoft’s advantages in this respect are two-fold.\nFirst, the company has a very large installed base of Office users. Most legacy data are based on Office, so enterprises are usually reluctant to use other productivity solutions. Second, the BYOD model is dependent on security and cloud integration, both of which are Microsoft’s strengths. As a result, Microsoft has been largely successful at retaining enterprise customers, which holds promise.\nThis Zacks Rank#2 company has an expected earnings growth rate of 7.9% for the current year (ending June 2022). The Zacks Consensus Estimate for current-year earnings improved 3.5% over the last 7 days.\nNIKE Inc. NKE provided strong guidance for fiscal 2022 and set long-term targets for fiscal 2025, driven by the momentum in its business as it comes out of the pandemic. For fiscal 2022, the company anticipates revenue growth in the low double digits, surpassing $50 billion, driven by strong customer demand across its operating segments.\nThe company expects to benefit from robust digital growth, scaling NIKE-owned physical retail concepts and growing with partners. This Zacks Rank#2 company has an expected earnings growth rate of 20.8% for the current year (ending May 2022). The Zacks Consensus Estimate for current-year earnings improved 0.5% over the last 7 days.\nQualcomm Inc. QCOM is well-positioned to benefit from solid 5G traction with greater visibility to meet its long-term revenue targets. For calendar-year 2021, 5G handsets are expected to witness 150% year-over-year growth at the midpoint to about 450-550 units.\nQualcomm has raised the bar for driverless cars with the launch of the first-of-its-kind automotive platform — Snapdragon Ride — which enables automakers to transform their vehicles into self-driving cars using AI.\nThis Zacks Rank#2 company has an expected earnings growth rate of 11.2% for next year (ending September 2022). The Zacks Consensus Estimate for next-year earnings has improved 6.4% over the last 7 days.","news_type":1,"symbols_score_info":{"AMD":0.9,"QCOM":0.9,"NKE":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899949985,"gmtCreate":1628154563047,"gmtModify":1703502213289,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585180783940851","idStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMD\">$AMD 20211015 100.0 PUT(AMD)$</a>Bad, bad , bad.it seems that this stock becomes Reddit Meme stock","listText":"<a href=\"https://laohu8.com/S/AMD\">$AMD 20211015 100.0 PUT(AMD)$</a>Bad, bad , bad.it seems that this stock becomes Reddit Meme stock","text":"$AMD 20211015 100.0 PUT(AMD)$Bad, bad , bad.it seems that this stock becomes Reddit Meme stock","images":[{"img":"https://static.tigerbbs.com/b7426c1388a3a943d82f5b8d8fa0a13e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/899949985","isVote":1,"tweetType":1,"viewCount":1640,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569484331359790","authorId":"3569484331359790","name":"Spacecow","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3569484331359790","idStr":"3569484331359790"},"content":"Why would u short amd? [Surprised]","text":"Why would u short amd? [Surprised]","html":"Why would u short amd? [Surprised]"}],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":899949985,"gmtCreate":1628154563047,"gmtModify":1703502213289,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMD\">$AMD 20211015 100.0 PUT(AMD)$</a>Bad, bad , bad.it seems that this stock becomes Reddit Meme stock","listText":"<a href=\"https://laohu8.com/S/AMD\">$AMD 20211015 100.0 PUT(AMD)$</a>Bad, bad , bad.it seems that this stock becomes Reddit Meme stock","text":"$AMD 20211015 100.0 PUT(AMD)$Bad, bad , bad.it seems that this stock becomes Reddit Meme stock","images":[{"img":"https://static.tigerbbs.com/b7426c1388a3a943d82f5b8d8fa0a13e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/899949985","isVote":1,"tweetType":1,"viewCount":1640,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569484331359790","authorId":"3569484331359790","name":"Spacecow","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"idStr":"3569484331359790","authorIdStr":"3569484331359790"},"content":"Why would u short amd? [Surprised]","text":"Why would u short amd? [Surprised]","html":"Why would u short amd? [Surprised]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9935687274,"gmtCreate":1663081932098,"gmtModify":1676537199259,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"Expected the surge of inflation, alwaysThis is the excuses to dump the stocks for profiteering.&nbsp; Looking forward the index move up in few more days.&nbsp;Sell put when the price is right.&nbsp;","listText":"Expected the surge of inflation, alwaysThis is the excuses to dump the stocks for profiteering.&nbsp; Looking forward the index move up in few more days.&nbsp;Sell put when the price is right.&nbsp;","text":"Expected the surge of inflation, alwaysThis is the excuses to dump the stocks for profiteering. Looking forward the index move up in few more days. Sell put when the price is right.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9935687274","repostId":"1189570916","repostType":4,"isVote":1,"tweetType":1,"viewCount":3626,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000591","authorId":"9000000000000591","name":"EvelynHoover","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000591","authorIdStr":"9000000000000591"},"content":"To be honest, I don't like inflation. In the short term, it will help to increase the share price. But this means that the Federal Reserve will definitely take measures to control inflation. This will bring a huge blow.","text":"To be honest, I don't like inflation. In the short term, it will help to increase the share price. But this means that the Federal Reserve will definitely take measures to control inflation. This will bring a huge blow.","html":"To be honest, I don't like inflation. In the short term, it will help to increase the share price. But this means that the Federal Reserve will definitely take measures to control inflation. This will bring a huge blow."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122698362,"gmtCreate":1624614951856,"gmtModify":1703841768438,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>Hold and&nbsp;wait for the short squeezed.The short interst will be vey high for the next few days and moving forward&nbsp;","listText":"<a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>Hold and&nbsp;wait for the short squeezed.The short interst will be vey high for the next few days and moving forward&nbsp;","text":"$ContextLogic Inc.(WISH)$Hold and wait for the short squeezed.The short interst will be vey high for the next few days and moving forward","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122698362","isVote":1,"tweetType":1,"viewCount":1405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803854938,"gmtCreate":1627433417224,"gmtModify":1703489795921,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"The earning&nbsp;report is so fatastic and excellent but yet the post-market share price is falling badly.Unbelievable&nbsp;","listText":"The earning&nbsp;report is so fatastic and excellent but yet the post-market share price is falling badly.Unbelievable&nbsp;","text":"The earning report is so fatastic and excellent but yet the post-market share price is falling badly.Unbelievable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/803854938","repostId":"1148712151","repostType":4,"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834679546,"gmtCreate":1629802186785,"gmtModify":1676530135468,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$</a>Wishing to shoot up to another $10","listText":"<a href=\"https://laohu8.com/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$</a>Wishing to shoot up to another $10","text":"$CrowdStrike Holdings, Inc.(CRWD)$Wishing to shoot up to another $10","images":[{"img":"https://static.tigerbbs.com/53fb99420ce92e143066dc858e38e72e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834679546","isVote":1,"tweetType":1,"viewCount":1249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":806179707,"gmtCreate":1627644766609,"gmtModify":1703493970602,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>DEAD.","listText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>DEAD.","text":"$Futu Holdings Limited(FUTU)$DEAD.","images":[{"img":"https://static.tigerbbs.com/fe7355f45c25b9efade6ae043664641b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/806179707","isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":171480656,"gmtCreate":1626756216475,"gmtModify":1703764613070,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"Take the opportunity to load up the quality stocks sunce it is down so much.Definitely will rebounce these few days","listText":"Take the opportunity to load up the quality stocks sunce it is down so much.Definitely will rebounce these few days","text":"Take the opportunity to load up the quality stocks sunce it is down so much.Definitely will rebounce these few days","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171480656","repostId":"2152652683","repostType":4,"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185210688,"gmtCreate":1623651977544,"gmtModify":1704207864971,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"No way to short the traditional fundamental stocks with strong balance sheet.You are asked to clash the wall","listText":"No way to short the traditional fundamental stocks with strong balance sheet.You are asked to clash the wall","text":"No way to short the traditional fundamental stocks with strong balance sheet.You are asked to clash the wall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/185210688","repostId":"1165811803","repostType":4,"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077578733,"gmtCreate":1658547438022,"gmtModify":1676536175430,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/NIO 20220819 22.5 CALL\">$NIO 20220819 22.5 CALL$</a>Keep sliding down.","listText":"<a href=\"https://ttm.financial/OPT/NIO 20220819 22.5 CALL\">$NIO 20220819 22.5 CALL$</a>Keep sliding down.","text":"$NIO 20220819 22.5 CALL$Keep sliding down.","images":[{"img":"https://community-static.tradeup.com/news/29db0a7820515c88a045911249924094","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077578733","isVote":1,"tweetType":1,"viewCount":2471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9076111565,"gmtCreate":1657808840757,"gmtModify":1676536065059,"author":{"id":"3585180783940851","authorId":"3585180783940851","name":"逢股必赢","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585180783940851","authorIdStr":"3585180783940851"},"themes":[],"htmlText":"Probably a good time to sell PUT option&nbsp;","listText":"Probably a good time to sell PUT option&nbsp;","text":"Probably a good time to sell PUT option","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076111565","repostId":"1186690764","repostType":4,"repost":{"id":"1186690764","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657805785,"share":"https://ttm.financial/m/news/1186690764?lang=en_US&edition=fundamental","pubTime":"2022-07-14 21:36","market":"us","language":"en","title":"Vaccine Stocks Crashed in Morning Trading, With Novavax Falling Nearly 10% and Ocugen Falling Over 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1186690764","media":"Tiger Newspress","summary":"Vaccine stocks crashed in morning trading, with Novavax falling nearly 10% and Ocugen falling over 5","content":"<html><head></head><body><p>Vaccine stocks crashed in morning trading, with Novavax falling nearly 10% and Ocugen falling over 5%.<img src=\"https://static.tigerbbs.com/9ea64bcff75d7abe239ed22998c9c8bc\" tg-width=\"267\" tg-height=\"279\" width=\"100%\" height=\"auto\"/></p></body></html>","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>Vaccine Stocks Crashed in Morning Trading, With Novavax Falling Nearly 10% and Ocugen Falling Over 5%</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\">\nVaccine Stocks Crashed in Morning Trading, With Novavax Falling Nearly 10% and Ocugen Falling Over 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-14 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Vaccine stocks crashed in morning trading, with Novavax falling nearly 10% and Ocugen falling over 5%.<img src=\"https://static.tigerbbs.com/9ea64bcff75d7abe239ed22998c9c8bc\" tg-width=\"267\" tg-height=\"279\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen","NVAX":"诺瓦瓦克斯医药"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186690764","content_text":"Vaccine stocks crashed in morning trading, with Novavax falling nearly 10% and Ocugen falling over 5%.","news_type":1,"symbols_score_info":{"OCGN":0.9,"NVAX":0.9}},"isVote":1,"tweetType":1,"viewCount":1035,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}