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Jinhao94
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2023-01-06
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Bed Bath & Beyond Preparing to File Bankruptcy Within Weeks -Sources
(Reuters) - Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks, people
Bed Bath & Beyond Preparing to File Bankruptcy Within Weeks -Sources
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2022-12-30
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$1,000 Invested In Apple Now Would Be Worth This Much If Stock's Recovery From 52-Week Lows
KEY POINTSApple shares are down 26.6% in the year-to-date period.Cupertino's reliance on China for p
$1,000 Invested In Apple Now Would Be Worth This Much If Stock's Recovery From 52-Week Lows
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2022-12-29
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2022-12-26
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2022-12-13
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2022-12-08
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3 China Stocks That Could Rebound in 2023, According to Analysts
Story HighlightsChinese tech stocks have been heating up of late, even with a potential global reces
3 China Stocks That Could Rebound in 2023, According to Analysts
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2022-12-05
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Dow Opens 200 Points Lower on Fears the Fed Will Keep Tightening Into a Recession
Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the eco
Dow Opens 200 Points Lower on Fears the Fed Will Keep Tightening Into a Recession
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2022-12-03
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ASX Weekly Review: Market Climbing Two Walls of Worry – Inflation and China
There are two major walls of worry that the Australian share market is trying to climb at the moment
ASX Weekly Review: Market Climbing Two Walls of Worry – Inflation and China
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2022-11-29
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2022-11-28
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Can the 3 Singapore Banks’ Share Prices Scale New All-Time Highs?
The local banks are riding high on interest rate hikes.Singapore’s three banks have been enjoying a
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like ","listText":"Pls like ","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9959850448","repostId":"2301071299","repostType":2,"repost":{"id":"2301071299","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1672960396,"share":"https://ttm.financial/m/news/2301071299?lang=&edition=fundamental","pubTime":"2023-01-06 07:13","market":"us","language":"en","title":"Bed Bath & Beyond Preparing to File Bankruptcy Within Weeks -Sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2301071299","media":"Reuters","summary":"(Reuters) - Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks, people","content":"<html><head></head><body><p>(Reuters) - Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks, people familiar with the matter said, following poor sales and an inability to compete with large online and big-box retailers.</p><p>The U.S. home goods retailer is considering skipping debt payments due Feb. 1, one of the sources said, a typical move distressed companies on the verge of bankruptcy take to conserve cash.</p><p>Shares of the retailer, once a category killer in products like small appliances and bed sheets, ended down 30% on Thursday at $1.69 after the company said it expected to report a significant third-quarter loss and that there was substantial doubt about its ability to continue as a going concern.</p><p><img src=\"https://static.tigerbbs.com/29b111371b55f32878a4b7ffa7161d2c\" tg-width=\"835\" tg-height=\"664\" width=\"100%\" height=\"auto\"/></p><p>The company said it was exploring a range of options to address its plunging sales that included declaring bankruptcy. The retailer said it has not made any final decisions on which course to take.</p><p>Bed Bath & Beyond had no immediate comment on any bankruptcy preparations beyond its disclosure on Thursday.</p><p>The company has interest payments on roughly $1.5 billion of bonds due Feb. 1, according to securities filings. The company is considering skipping the payout to conserve cash, which would likely trigger a 30-day grace period before the company officially defaults, the people said.</p><p>Troubled retailers often seek bankruptcy protection following the holiday season to take advantage of the cash cushion provided by recent sales. Should the company seek bankruptcy protection, it would likely seek financing from existing creditors to help it navigate a court restructuring, one of the people said.</p><p>The retailer's fortunes soured after it pursued a strategy focused on its own private label goods. Management has since reversed course to bring in national brands shoppers recognized.</p><p>But on Thursday, signs emerged that this strategy too has failed to take off with the company reporting that it expects to post a loss of $385.5 million after sales plunged 33% for the quarter ending Nov. 26, due to lower customer traffic and reduced levels of inventory availability among other factors.</p><p>The company is scheduled to report its full third quarter results on Tuesday.</p><p>"The turnaround plan put in place last year is not working. ... Put bluntly, the business is moving at rapid speed in the wrong direction with bankruptcy the most likely destination," GlobalData analyst Neil Saunders said.</p><p>Bed Bath & Beyond has enlisted turnaround and consulting firm AlixPartners LLP to help advise on options for addressing its financial woes, people familiar with the matter said.</p><p>In addition to AlixPartners, the company is being advised by restructuring lawyers at Kirkland & Ellis LLP and investment bankers at Lazard Ltd , one of the people said.</p><p>AlixPartners and Lazard declined to comment. Kirkland did not immediately respond to a request for comment. In a statement to Reuters late on Thursday, Bed Bath & Beyond said it was "working with strategic advisors to evaluate all paths to regain market share and enhance liquidity" but could not comment further on specific relationships.</p><p>The company became a meme stock last year when its shares soared more than 400%. Activist investor Ryan Cohen, the chairman of GameStop Corp , took a stake in Bed Bath & Beyond, which he later sold, sending shares crashing.</p><p>Bed Bath & Beyond in its prior financial update in the fall said it had liquidity of $850 million but had burned through $325 million in the second quarter.</p><p>The company had also been asking bondholders to swap out their holdings for new debt to give it more breathing room to turn around its business but canceled the deal on Thursday after not getting much interest from investors, according to filings made with the U.S. Securities and Exchange Commission.</p><p>Bed Bath & Beyond had earlier considered selling its valuable buybuy Baby stores that sell goods for infants and toddlers but held off in the hopes it could later fetch a higher price, Reuters reported.</p><p>buybuy Baby is the "crown jewel" asset of the company and would likely generate the most interest from buyers in case the parent company decides to sell it as part of its restructuring efforts, Michael Baker, senior research analyst at DA Davidson said, without providing a valuation on the business.</p><p>The value of the chain helped the retailer ink a $375 million loan last year, the maximum amount it could borrow.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBed Bath & Beyond Preparing to File Bankruptcy Within Weeks -Sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-06 07:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks, people familiar with the matter said, following poor sales and an inability to compete with large online and big-box retailers.</p><p>The U.S. home goods retailer is considering skipping debt payments due Feb. 1, one of the sources said, a typical move distressed companies on the verge of bankruptcy take to conserve cash.</p><p>Shares of the retailer, once a category killer in products like small appliances and bed sheets, ended down 30% on Thursday at $1.69 after the company said it expected to report a significant third-quarter loss and that there was substantial doubt about its ability to continue as a going concern.</p><p><img src=\"https://static.tigerbbs.com/29b111371b55f32878a4b7ffa7161d2c\" tg-width=\"835\" tg-height=\"664\" width=\"100%\" height=\"auto\"/></p><p>The company said it was exploring a range of options to address its plunging sales that included declaring bankruptcy. The retailer said it has not made any final decisions on which course to take.</p><p>Bed Bath & Beyond had no immediate comment on any bankruptcy preparations beyond its disclosure on Thursday.</p><p>The company has interest payments on roughly $1.5 billion of bonds due Feb. 1, according to securities filings. The company is considering skipping the payout to conserve cash, which would likely trigger a 30-day grace period before the company officially defaults, the people said.</p><p>Troubled retailers often seek bankruptcy protection following the holiday season to take advantage of the cash cushion provided by recent sales. Should the company seek bankruptcy protection, it would likely seek financing from existing creditors to help it navigate a court restructuring, one of the people said.</p><p>The retailer's fortunes soured after it pursued a strategy focused on its own private label goods. Management has since reversed course to bring in national brands shoppers recognized.</p><p>But on Thursday, signs emerged that this strategy too has failed to take off with the company reporting that it expects to post a loss of $385.5 million after sales plunged 33% for the quarter ending Nov. 26, due to lower customer traffic and reduced levels of inventory availability among other factors.</p><p>The company is scheduled to report its full third quarter results on Tuesday.</p><p>"The turnaround plan put in place last year is not working. ... Put bluntly, the business is moving at rapid speed in the wrong direction with bankruptcy the most likely destination," GlobalData analyst Neil Saunders said.</p><p>Bed Bath & Beyond has enlisted turnaround and consulting firm AlixPartners LLP to help advise on options for addressing its financial woes, people familiar with the matter said.</p><p>In addition to AlixPartners, the company is being advised by restructuring lawyers at Kirkland & Ellis LLP and investment bankers at Lazard Ltd , one of the people said.</p><p>AlixPartners and Lazard declined to comment. Kirkland did not immediately respond to a request for comment. In a statement to Reuters late on Thursday, Bed Bath & Beyond said it was "working with strategic advisors to evaluate all paths to regain market share and enhance liquidity" but could not comment further on specific relationships.</p><p>The company became a meme stock last year when its shares soared more than 400%. Activist investor Ryan Cohen, the chairman of GameStop Corp , took a stake in Bed Bath & Beyond, which he later sold, sending shares crashing.</p><p>Bed Bath & Beyond in its prior financial update in the fall said it had liquidity of $850 million but had burned through $325 million in the second quarter.</p><p>The company had also been asking bondholders to swap out their holdings for new debt to give it more breathing room to turn around its business but canceled the deal on Thursday after not getting much interest from investors, according to filings made with the U.S. Securities and Exchange Commission.</p><p>Bed Bath & Beyond had earlier considered selling its valuable buybuy Baby stores that sell goods for infants and toddlers but held off in the hopes it could later fetch a higher price, Reuters reported.</p><p>buybuy Baby is the "crown jewel" asset of the company and would likely generate the most interest from buyers in case the parent company decides to sell it as part of its restructuring efforts, Michael Baker, senior research analyst at DA Davidson said, without providing a valuation on the business.</p><p>The value of the chain helped the retailer ink a $375 million loan last year, the maximum amount it could borrow.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4178":"家庭装饰零售","BK4547":"WSB热门概念","BBBY":"Bed Bath & Beyond, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301071299","content_text":"(Reuters) - Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks, people familiar with the matter said, following poor sales and an inability to compete with large online and big-box retailers.The U.S. home goods retailer is considering skipping debt payments due Feb. 1, one of the sources said, a typical move distressed companies on the verge of bankruptcy take to conserve cash.Shares of the retailer, once a category killer in products like small appliances and bed sheets, ended down 30% on Thursday at $1.69 after the company said it expected to report a significant third-quarter loss and that there was substantial doubt about its ability to continue as a going concern.The company said it was exploring a range of options to address its plunging sales that included declaring bankruptcy. The retailer said it has not made any final decisions on which course to take.Bed Bath & Beyond had no immediate comment on any bankruptcy preparations beyond its disclosure on Thursday.The company has interest payments on roughly $1.5 billion of bonds due Feb. 1, according to securities filings. The company is considering skipping the payout to conserve cash, which would likely trigger a 30-day grace period before the company officially defaults, the people said.Troubled retailers often seek bankruptcy protection following the holiday season to take advantage of the cash cushion provided by recent sales. Should the company seek bankruptcy protection, it would likely seek financing from existing creditors to help it navigate a court restructuring, one of the people said.The retailer's fortunes soured after it pursued a strategy focused on its own private label goods. Management has since reversed course to bring in national brands shoppers recognized.But on Thursday, signs emerged that this strategy too has failed to take off with the company reporting that it expects to post a loss of $385.5 million after sales plunged 33% for the quarter ending Nov. 26, due to lower customer traffic and reduced levels of inventory availability among other factors.The company is scheduled to report its full third quarter results on Tuesday.\"The turnaround plan put in place last year is not working. ... Put bluntly, the business is moving at rapid speed in the wrong direction with bankruptcy the most likely destination,\" GlobalData analyst Neil Saunders said.Bed Bath & Beyond has enlisted turnaround and consulting firm AlixPartners LLP to help advise on options for addressing its financial woes, people familiar with the matter said.In addition to AlixPartners, the company is being advised by restructuring lawyers at Kirkland & Ellis LLP and investment bankers at Lazard Ltd , one of the people said.AlixPartners and Lazard declined to comment. Kirkland did not immediately respond to a request for comment. In a statement to Reuters late on Thursday, Bed Bath & Beyond said it was \"working with strategic advisors to evaluate all paths to regain market share and enhance liquidity\" but could not comment further on specific relationships.The company became a meme stock last year when its shares soared more than 400%. Activist investor Ryan Cohen, the chairman of GameStop Corp , took a stake in Bed Bath & Beyond, which he later sold, sending shares crashing.Bed Bath & Beyond in its prior financial update in the fall said it had liquidity of $850 million but had burned through $325 million in the second quarter.The company had also been asking bondholders to swap out their holdings for new debt to give it more breathing room to turn around its business but canceled the deal on Thursday after not getting much interest from investors, according to filings made with the U.S. Securities and Exchange Commission.Bed Bath & Beyond had earlier considered selling its valuable buybuy Baby stores that sell goods for infants and toddlers but held off in the hopes it could later fetch a higher price, Reuters reported.buybuy Baby is the \"crown jewel\" asset of the company and would likely generate the most interest from buyers in case the parent company decides to sell it as part of its restructuring efforts, Michael Baker, senior research analyst at DA Davidson said, without providing a valuation on the business.The value of the chain helped the retailer ink a $375 million loan last year, the maximum amount it could borrow.","news_type":1,"symbols_score_info":{"BBBY":1}},"isVote":1,"tweetType":1,"viewCount":3236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927342944,"gmtCreate":1672408875689,"gmtModify":1676538686893,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564660171292335","idStr":"3564660171292335"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9927342944","repostId":"1193328387","repostType":4,"repost":{"id":"1193328387","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1672408087,"share":"https://ttm.financial/m/news/1193328387?lang=&edition=fundamental","pubTime":"2022-12-30 21:48","market":"us","language":"en","title":"$1,000 Invested In Apple Now Would Be Worth This Much If Stock's Recovery From 52-Week Lows","url":"https://stock-news.laohu8.com/highlight/detail?id=1193328387","media":"Benzinga","summary":"KEY POINTSApple shares are down 26.6% in the year-to-date period.Cupertino's reliance on China for p","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>Apple shares are down 26.6% in the year-to-date period.</li><li>Cupertino's reliance on China for production and the macroeconomic condition are to be blamed for the predicament.</li></ul><p>Apple Inc., often considered an all-weather stock, was not immune to the tech-induced rout seen this year.</p><p>What Happened: Apple’s stock peaked at $182.94 at the start of the year (Jan. 4 intraday high), thanks to strong uptake of the new iPhone 14 iterations, especially the high-margin Pro models. Since then, it has been tossed and turned by the macroeconomic vagaries and the COVID-19 recurrences in China.</p><p><img src=\"https://static.tigerbbs.com/2b07585092b62e885219342e7575535c\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>Apple’s production base is heavily concentrated in China. The company apparently was not hit by the March-April COVID-19 wave, which incidentally impacted Tesla Inc. and other homegrown electric vehicle makers.</p><p>In early November, Apple issued a statement that COVID-19 restrictions have temporarily impacted its supplier Hon Hai Precision Manufacturing Company Limited’s main iPhone assembly plant in Zhengzhou. Daniel Ives from Wedbush pitched the iPhone unit shortfall for the holiday quarter at 10-15 million units.</p><p>After a broad consolidation move between $150 and $180 till mid-May, Apple’s stock dropped below the lower bound and hurtled toward a low of $129.04 in mid-June. The recovery that followed took it to a peak of $176.15 in mid-August. Thereafter, it has been on a broader downtrend.</p><p>Returns From Apple Stock: Apple shares fell to a fresh 52-week low of $125.87 on Wednesday, the lowest since the June 7, 2021, intraday low of $124.83. On Thursday, the stock rebounded by 2.83% before closing at $129.61.</p><p>A $1,000 invested at Thursday’s closing price of $129.61 would fetch 7.7 Apple shares. If the stock charts another uptrend, as fundamentals improve and the broader market sentiment takes a turn for the better, there is all likelihood of it retesting its all-time high of $182.94. At that price point, the 7.7 stock holding would be worth $1,412, a return of 41%.</p><p>The average analysts’ price target for Apple stock is $179.10, according to TipRanks, is $179.10, suggesting a 38% upside from current levels.</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>$1,000 Invested In Apple Now Would Be Worth This Much If Stock's Recovery From 52-Week Lows</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\">\n$1,000 Invested In Apple Now Would Be Worth This Much If Stock's Recovery From 52-Week Lows\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-12-30 21:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>KEY POINTS</p><ul><li>Apple shares are down 26.6% in the year-to-date period.</li><li>Cupertino's reliance on China for production and the macroeconomic condition are to be blamed for the predicament.</li></ul><p>Apple Inc., often considered an all-weather stock, was not immune to the tech-induced rout seen this year.</p><p>What Happened: Apple’s stock peaked at $182.94 at the start of the year (Jan. 4 intraday high), thanks to strong uptake of the new iPhone 14 iterations, especially the high-margin Pro models. Since then, it has been tossed and turned by the macroeconomic vagaries and the COVID-19 recurrences in China.</p><p><img src=\"https://static.tigerbbs.com/2b07585092b62e885219342e7575535c\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>Apple’s production base is heavily concentrated in China. The company apparently was not hit by the March-April COVID-19 wave, which incidentally impacted Tesla Inc. and other homegrown electric vehicle makers.</p><p>In early November, Apple issued a statement that COVID-19 restrictions have temporarily impacted its supplier Hon Hai Precision Manufacturing Company Limited’s main iPhone assembly plant in Zhengzhou. Daniel Ives from Wedbush pitched the iPhone unit shortfall for the holiday quarter at 10-15 million units.</p><p>After a broad consolidation move between $150 and $180 till mid-May, Apple’s stock dropped below the lower bound and hurtled toward a low of $129.04 in mid-June. The recovery that followed took it to a peak of $176.15 in mid-August. Thereafter, it has been on a broader downtrend.</p><p>Returns From Apple Stock: Apple shares fell to a fresh 52-week low of $125.87 on Wednesday, the lowest since the June 7, 2021, intraday low of $124.83. On Thursday, the stock rebounded by 2.83% before closing at $129.61.</p><p>A $1,000 invested at Thursday’s closing price of $129.61 would fetch 7.7 Apple shares. If the stock charts another uptrend, as fundamentals improve and the broader market sentiment takes a turn for the better, there is all likelihood of it retesting its all-time high of $182.94. At that price point, the 7.7 stock holding would be worth $1,412, a return of 41%.</p><p>The average analysts’ price target for Apple stock is $179.10, according to TipRanks, is $179.10, suggesting a 38% upside from current levels.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193328387","content_text":"KEY POINTSApple shares are down 26.6% in the year-to-date period.Cupertino's reliance on China for production and the macroeconomic condition are to be blamed for the predicament.Apple Inc., often considered an all-weather stock, was not immune to the tech-induced rout seen this year.What Happened: Apple’s stock peaked at $182.94 at the start of the year (Jan. 4 intraday high), thanks to strong uptake of the new iPhone 14 iterations, especially the high-margin Pro models. Since then, it has been tossed and turned by the macroeconomic vagaries and the COVID-19 recurrences in China.Apple’s production base is heavily concentrated in China. The company apparently was not hit by the March-April COVID-19 wave, which incidentally impacted Tesla Inc. and other homegrown electric vehicle makers.In early November, Apple issued a statement that COVID-19 restrictions have temporarily impacted its supplier Hon Hai Precision Manufacturing Company Limited’s main iPhone assembly plant in Zhengzhou. Daniel Ives from Wedbush pitched the iPhone unit shortfall for the holiday quarter at 10-15 million units.After a broad consolidation move between $150 and $180 till mid-May, Apple’s stock dropped below the lower bound and hurtled toward a low of $129.04 in mid-June. The recovery that followed took it to a peak of $176.15 in mid-August. Thereafter, it has been on a broader downtrend.Returns From Apple Stock: Apple shares fell to a fresh 52-week low of $125.87 on Wednesday, the lowest since the June 7, 2021, intraday low of $124.83. On Thursday, the stock rebounded by 2.83% before closing at $129.61.A $1,000 invested at Thursday’s closing price of $129.61 would fetch 7.7 Apple shares. If the stock charts another uptrend, as fundamentals improve and the broader market sentiment takes a turn for the better, there is all likelihood of it retesting its all-time high of $182.94. At that price point, the 7.7 stock holding would be worth $1,412, a return of 41%.The average analysts’ price target for Apple stock is $179.10, according to TipRanks, is $179.10, suggesting a 38% upside from current levels.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2792,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924702326,"gmtCreate":1672324613466,"gmtModify":1676538672480,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564660171292335","idStr":"3564660171292335"},"themes":[],"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9924702326","repostId":"2295913135","repostType":4,"isVote":1,"tweetType":1,"viewCount":2278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925565378,"gmtCreate":1672068303694,"gmtModify":1676538629507,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564660171292335","idStr":"3564660171292335"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9925565378","repostId":"1152955091","repostType":4,"isVote":1,"tweetType":1,"viewCount":2560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923555892,"gmtCreate":1670889277217,"gmtModify":1676538452918,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564660171292335","idStr":"3564660171292335"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9923555892","repostId":"2291539227","repostType":4,"isVote":1,"tweetType":1,"viewCount":2592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920241550,"gmtCreate":1670510584670,"gmtModify":1676538382819,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564660171292335","idStr":"3564660171292335"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9920241550","repostId":"1116584413","repostType":4,"repost":{"id":"1116584413","kind":"news","pubTimestamp":1670513955,"share":"https://ttm.financial/m/news/1116584413?lang=&edition=fundamental","pubTime":"2022-12-08 23:39","market":"us","language":"en","title":"3 China Stocks That Could Rebound in 2023, According to Analysts","url":"https://stock-news.laohu8.com/highlight/detail?id=1116584413","media":"TipRanks","summary":"Story HighlightsChinese tech stocks have been heating up of late, even with a potential global reces","content":"<div>\n<p>Story HighlightsChinese tech stocks have been heating up of late, even with a potential global recession on the horizon. As 2023 kicks in, top internet titans like Alibaba, JD.com, and Pinduoduo may ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/3-china-stocks-that-could-rebound-in-2023-according-to-analysts\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>3 China Stocks That Could Rebound in 2023, According to Analysts</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\">\n3 China Stocks That Could Rebound in 2023, According to Analysts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-08 23:39 GMT+8 <a href=https://www.tipranks.com/news/article/3-china-stocks-that-could-rebound-in-2023-according-to-analysts><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsChinese tech stocks have been heating up of late, even with a potential global recession on the horizon. As 2023 kicks in, top internet titans like Alibaba, JD.com, and Pinduoduo may ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/3-china-stocks-that-could-rebound-in-2023-according-to-analysts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","JD":"京东","09988":"阿里巴巴-W","PDD":"拼多多","09618":"京东集团-SW"},"source_url":"https://www.tipranks.com/news/article/3-china-stocks-that-could-rebound-in-2023-according-to-analysts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116584413","content_text":"Story HighlightsChinese tech stocks have been heating up of late, even with a potential global recession on the horizon. As 2023 kicks in, top internet titans like Alibaba, JD.com, and Pinduoduo may have the most room to run as they look to claw back from the depths of the abyss.Chinese stocks have been in a world of pain well before the S&P 500 (SPX) plunged into a bear market in 2022. Indeed, many investors and talking heads have slapped the unenviable title of “uninvestable” on Chinese stocks, given how difficult it is to gauge their inherent risks. Indeed, delisting concerns and other issues based on exogenous events make it hard to value even the “cheapest” Chinese internet ADRs (American Depository Receipts). Despite the added risks of investing in Chinese stocks, many Wall Street analysts continue to view names like Alibaba (NASDAQ: BABA), JD.com (NASDAQ: JD), and Pinduoduo (NASDAQ: PDD) favorably.There’s no doubt that U.S. investors have been burned by Chinese names in recent years. With swollen regulatory risk discounts and considerable growth to be had over the long run, China’s top internet plays may still be worth considering while they’re miles away from their peaks.Let’s check in on three Strong-Buy-rated Chinese tech titans that Wall Street expects great things from in 2023.Alibaba (BABA)Alibaba is probably the first firm that comes to mind to American investors looking for Chinese tech exposure. It’s been a slow, painful descent for one of China’s most FAANG-like stocks. After plunging by around 80% from peak to trough, BABA stock has shown signs of life in recent weeks, rallying by around 52% off the October trough.Whether the recent rally lasts remains to be seen. Regardless, it’s hard for value-conscious investors to overlook the absurdly-low 1.9 times price-to-sales (P/S) multiple.At these depths, even the slightest positive news could have a significant impact on the stock. With Chinese stocks bouncing due to easing COVID-19 restrictions, Alibaba and the broader basket may, once again, be unignorable as consumer spending looks to heal. Arguably, Alibaba has the most to gain as China reopens its economy and the worst recession fears come to pass.What is the Price Target for BABA Stock?Wall Street is sticking with its “Strong Buy” rating on Alibaba stock, with 15 unanimous Buy recommendations. The average BABA stock price target of $133.73 implies a solid 51.4% gain from here.JD.com (JD)JD.com is an e-commerce player that rallied sharply in recent weeks after enduring a nearly two-year-long 64% plunge. Driven by easing COVID-19 restrictions and a huge third-quarter beat that saw per-share earnings crush estimates ($0.90 EPS vs. $0.70 consensus), JD stock now seems to have the most technical strength behind it.At just 0.6 times sales, JD stock has some low expectations in mind ahead of what’s likely to be a global recession. As China looks to loosen its strict zero-COVID policy, JD could be one of the bigger beneficiaries.In a rising-rate world, U.S. investors can appreciate JD’s latest profitability surge. The company is well-positioned to continue driving margins higher as it looks to take a page out of the playbook of an early Amazon (NASDAQ:AMZN).What is the Price Target for JD Stock?Wall Street loves JD stock, with a “Strong Buy” consensus rating. The average JD stock price target of $77.69 implies 32.92% gains from current levels.Pinduoduo (PDD)Pinduoduo is a Chinese e-commerce play that’s suffered the biggest hit to the chin amid China’s horrific tech sell-off. From peak to trough, shares shed more than 83% of their value. Since bottoming earlier this year, though, PDD stock has been really heating up, rewarding dip-buyers who gave the digital retail play the benefit of the doubt. Shares are now up around 265% from their 2022 lows.Indeed, Pinduoduo is the spiciest Chinese internet stock, but one that could deliver the biggest gains in a turnaround scenario. The recent third-quarter beat was a blowout ($1.23 EPS vs. $0.69 consensus). As the company continues to impress despite the dire macro conditions, growth-savvy investors willing to stomach the risks may be enticed to get back into the name.At 6.4 times sales and 30 times trailing earnings, PDD stock is one of the pricier Chinese e-commerce firms. After six straight sizeable bottom-line beats, though, I view the name as compelling.What is the Price Target for PDD Stock?Wall Street continues to pound the table on Pinduoduo. The average PDD stock price target of $99.51 implies 15.95% gains from here.Conclusion: Wall Street is Most Bullish on BABAIndeed, recent momentum in Chinese stocks may reignite enthusiasm. A sustained rally into 2023 may even cause pundits to shed their “uninvestable” status. Of the three names in this piece, Wall Street expects the biggest gains from Alibaba stock.","news_type":1,"symbols_score_info":{"09618":0.9,"JD":0.9,"09988":0.9,"BABA":0.9,"PDD":0.9}},"isVote":1,"tweetType":1,"viewCount":3178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967950888,"gmtCreate":1670252630544,"gmtModify":1676538329958,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564660171292335","idStr":"3564660171292335"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9967950888","repostId":"1144784524","repostType":4,"repost":{"id":"1144784524","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":1670250830,"share":"https://ttm.financial/m/news/1144784524?lang=&edition=fundamental","pubTime":"2022-12-05 22:33","market":"us","language":"en","title":"Dow Opens 200 Points Lower on Fears the Fed Will Keep Tightening Into a Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1144784524","media":"Tiger Newspress","summary":"Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the eco","content":"<html><head></head><body><p>Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession.</p><p>The Dow Jones Industrial Average fell by 210 points, or 0.6%, while the S&P 500 and Nasdaq Composite slid by 0.6% each.</p><p>Investors are looking ahead to the next week’s Federal Reserve’s interest rate decision at the conclusion of the central bank’s December policy meeting.</p><p>Following a speech last week by Fed Chairman Jerome Powell, markets largely expect the central bank will approve a 0.5 percentage point interest rate increase. That would make a step down from a series of four straight 0.75 percentage point hikes.</p><p>However, Powell also said the “terminal rate,” or point where the Fed stops raising, likely “will need to be somewhat higher” than indicated at the September meeting. That could mean a fed funds rate that ends up in excess of 5%, from its current target range of 3.75%-4%.</p><p>Friday’s nonfarm payrolls report helped add to Fed anxiety. Average hourly earnings rose 0.6% for November, twice the Dow Jones estimate, and the 12-month increase was 5.1%, half a percentage point above expectations. Wage pressures on inflation could force the Fed into an even more aggressive stance.</p><p>Wall Street is coming off its second positive week in a row, with the S&P 500 and Nasdaq advancing 1.1% and 2.1%, respectively. The Dow advanced 0.2% last week.</p><p>Despite the recent rally, Morgan Stanley strategist Mike Wilson said the risk-reward for equities has likely reached its cap as it nears the bank’s original tactical target range of 4,000 to 4,150.</p><p>“As suggested two weeks ago, for this tactical rally to go higher, back end rates would need to fall,” he said in a note to clients Monday. “Fast forward to today and that’s what has happened. However, we are now right into our original upside targets and we recommend taking profits before the Bear returns in earnest.”</p><p>In other news, Tesla shares slumped more than 4% Monday on reports of an output cut at its Shanghai factory. Macao-linked casino stocks gained on hopes of easing Covid-19 restrictions.</p><p>On the economic front, investors are expecting the November ISM services data at 10 a.m. ET on Monday. Economists polled by the Dow Jones expected a reading of 53.7.</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 Opens 200 Points Lower on Fears the Fed Will Keep Tightening Into a Recession</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 Opens 200 Points Lower on Fears the Fed Will Keep Tightening Into a Recession\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\">2022-12-05 22:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession.</p><p>The Dow Jones Industrial Average fell by 210 points, or 0.6%, while the S&P 500 and Nasdaq Composite slid by 0.6% each.</p><p>Investors are looking ahead to the next week’s Federal Reserve’s interest rate decision at the conclusion of the central bank’s December policy meeting.</p><p>Following a speech last week by Fed Chairman Jerome Powell, markets largely expect the central bank will approve a 0.5 percentage point interest rate increase. That would make a step down from a series of four straight 0.75 percentage point hikes.</p><p>However, Powell also said the “terminal rate,” or point where the Fed stops raising, likely “will need to be somewhat higher” than indicated at the September meeting. That could mean a fed funds rate that ends up in excess of 5%, from its current target range of 3.75%-4%.</p><p>Friday’s nonfarm payrolls report helped add to Fed anxiety. Average hourly earnings rose 0.6% for November, twice the Dow Jones estimate, and the 12-month increase was 5.1%, half a percentage point above expectations. Wage pressures on inflation could force the Fed into an even more aggressive stance.</p><p>Wall Street is coming off its second positive week in a row, with the S&P 500 and Nasdaq advancing 1.1% and 2.1%, respectively. The Dow advanced 0.2% last week.</p><p>Despite the recent rally, Morgan Stanley strategist Mike Wilson said the risk-reward for equities has likely reached its cap as it nears the bank’s original tactical target range of 4,000 to 4,150.</p><p>“As suggested two weeks ago, for this tactical rally to go higher, back end rates would need to fall,” he said in a note to clients Monday. “Fast forward to today and that’s what has happened. However, we are now right into our original upside targets and we recommend taking profits before the Bear returns in earnest.”</p><p>In other news, Tesla shares slumped more than 4% Monday on reports of an output cut at its Shanghai factory. Macao-linked casino stocks gained on hopes of easing Covid-19 restrictions.</p><p>On the economic front, investors are expecting the November ISM services data at 10 a.m. ET on Monday. Economists polled by the Dow Jones expected a reading of 53.7.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144784524","content_text":"Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession.The Dow Jones Industrial Average fell by 210 points, or 0.6%, while the S&P 500 and Nasdaq Composite slid by 0.6% each.Investors are looking ahead to the next week’s Federal Reserve’s interest rate decision at the conclusion of the central bank’s December policy meeting.Following a speech last week by Fed Chairman Jerome Powell, markets largely expect the central bank will approve a 0.5 percentage point interest rate increase. That would make a step down from a series of four straight 0.75 percentage point hikes.However, Powell also said the “terminal rate,” or point where the Fed stops raising, likely “will need to be somewhat higher” than indicated at the September meeting. That could mean a fed funds rate that ends up in excess of 5%, from its current target range of 3.75%-4%.Friday’s nonfarm payrolls report helped add to Fed anxiety. Average hourly earnings rose 0.6% for November, twice the Dow Jones estimate, and the 12-month increase was 5.1%, half a percentage point above expectations. Wage pressures on inflation could force the Fed into an even more aggressive stance.Wall Street is coming off its second positive week in a row, with the S&P 500 and Nasdaq advancing 1.1% and 2.1%, respectively. The Dow advanced 0.2% last week.Despite the recent rally, Morgan Stanley strategist Mike Wilson said the risk-reward for equities has likely reached its cap as it nears the bank’s original tactical target range of 4,000 to 4,150.“As suggested two weeks ago, for this tactical rally to go higher, back end rates would need to fall,” he said in a note to clients Monday. “Fast forward to today and that’s what has happened. However, we are now right into our original upside targets and we recommend taking profits before the Bear returns in earnest.”In other news, Tesla shares slumped more than 4% Monday on reports of an output cut at its Shanghai factory. Macao-linked casino stocks gained on hopes of easing Covid-19 restrictions.On the economic front, investors are expecting the November ISM services data at 10 a.m. ET on Monday. Economists polled by the Dow Jones expected a reading of 53.7.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2986,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964930930,"gmtCreate":1670046435821,"gmtModify":1676538295336,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564660171292335","idStr":"3564660171292335"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964930930","repostId":"2288631269","repostType":4,"repost":{"id":"2288631269","kind":"highlight","pubTimestamp":1670022557,"share":"https://ttm.financial/m/news/2288631269?lang=&edition=fundamental","pubTime":"2022-12-03 07:09","language":"en","title":"ASX Weekly Review: Market Climbing Two Walls of Worry – Inflation and China","url":"https://stock-news.laohu8.com/highlight/detail?id=2288631269","media":"Small Caps","summary":"There are two major walls of worry that the Australian share market is trying to climb at the moment","content":"<div>\n<p>There are two major walls of worry that the Australian share market is trying to climb at the moment.The first and most obvious is the issue of how high and fast interest rates will climb before a ...</p>\n\n<a href=\"https://smallcaps.com.au/market-climbing-walls-worry-inflation-china-weekly-review/\">Web Link</a>\n\n</div>\n","source":"smallcap_stock","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>ASX Weekly Review: Market Climbing Two Walls of Worry – Inflation and China</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\">\nASX Weekly Review: Market Climbing Two Walls of Worry – Inflation and China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:09 GMT+8 <a href=https://smallcaps.com.au/market-climbing-walls-worry-inflation-china-weekly-review/><strong>Small Caps</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are two major walls of worry that the Australian share market is trying to climb at the moment.The first and most obvious is the issue of how high and fast interest rates will climb before a ...</p>\n\n<a href=\"https://smallcaps.com.au/market-climbing-walls-worry-inflation-china-weekly-review/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数"},"source_url":"https://smallcaps.com.au/market-climbing-walls-worry-inflation-china-weekly-review/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288631269","content_text":"There are two major walls of worry that the Australian share market is trying to climb at the moment.The first and most obvious is the issue of how high and fast interest rates will climb before a more settled outlook on the inflation fighting period arrives and the second is when China will return to some form of normality amid the current severe unrest around their COVID zero policy.The problem for investors is that there is so much confusion around both issues that it is really hard to be definitive about either one.Markets jumping aroundWhich is why all markets – currency, bond, shares and commodities – have been jumping around so much in reaction to every little bit of news, positive or negative.However, this week there was some tentative outcomes on both issues that at least made the outlook look a little less cloudy than it had been.Better news on interest ratesA speech by Fed chairman Jerome Powell saying that they were likely to slow the pace of interest rate rises was one positive on the interest rate outlook, although he also said the Fed may need to push rates a little higher than previously expected.Another good sign was Australia’s inflation figures which came in lower than expected – although it should be stressed that these figures are incomplete and do not reflect some of the price pressures that arose from major floods.Still, both pieces of news were received well by the share market, which seems happy to rally on any sign of positive news.Situation in China hard to readOn the China front, it is very difficult to get much clarity on what will happen as a result of significant social unrest but there have been tentative signs that the country is preparing to relax the COVID restrictions a little.These two issues are particularly important in Australia, which has a strong reliance on China as our biggest trading partner, with the added complication that relations with China are only just moving out of the deep freeze they entered when China slapped bans on a host of Australian exports.If you are bullish that both the China situation and the inflation/interest rates situation are stabilising, then you are almost by definition bullish on the share market in general.However, if there are delays or complications in resolving either situation, then the view on the share market is highly uncertain while if you think either issue will become protracted and difficult, then you will logically be bearish on the share market.It is in that context that the Australian market has been trading for the last week – jumping at any signs of a central bank pivot on interest rates and falling if higher interest rates appear to be on the way.China has played out more on the big mining shares, which tend to jump when things start to look promising on China moving back towards higher production levels and exports of commodities such as iron ore look more promising.In that context Friday’s trade was cautiously lower, with the ASX 200 slipping 52.90 points or 0.72% to 7,301.50, weakening off a little the previous day’s seven month high.Despite that fall, the market still managed to rise 0.6% for the week.Gold stocks rallyOne of the highlights of the day though was the strength in the gold price which rallied above $US1800 an ounce on the back of slowing US manufacturing data and indications that inflation is starting to ease, along with some Chinese COVID restrictions.That pushed gold mining shares up led by St Barbara (ASX: SBM) with its shares up 10.4% to 69c, while Newcrest (ASX: NCM) was up 2% to $21.09 and shares in Ramelius Resources (ASX: RMS) were up 4.8%.Mining shares were slightly weaker despite some higher commodity prices with BHP (ASX: BHP) down 1.6% to $45.76 and Rio Tinto (ASX: RIO) shares down 1.1% to $111.94.Seven of the 11 sectors on the market finished down with real estate and energy the weakest despite rising oil prices in the lead-up to OPEC+ meeting.Small cap stock actionThe Small Ords index rallied 1.71% for the week to 2945.9 points.ASX 200 vs Small OrdsSmall cap companies making headlines this week were:Microba Life Sciences (ASX: MAP)Leading medical diagnostics provider, Sonic Healthcare scooped up an almost 20% holding in Microba Life Sciences this week as part of a commercial partnership agreement.Sonic invested $17.8 million for the stake and plans to acquire a further 5% through options. If Sonic exercises the options, it would provide Microba with a further $7.5 million.As part of the deal, Sonic will assist Microba in accelerating distribution of its microbiome testing technology into primary and specialist healthcare throughout Australia, Germany, the UK, Switzerland, US, NZ and Belgium.Greenstone Resources (ASX: GSR)A maiden drilling program at Greenstone Resources’ Burbanks project just south of Coolgardie in Western Australia returned a shallow bonanza intercept of 7m at 57.8g/t gold from 90m.Within this was a 1m interval grading 375g/t from 90m.Greenstone managing director and chief executive officer Chris Hansen said the 1m at 375g/t gold interval powered the company into the top 10 gold intercepts in 2022 for a pre-development project in WA.He added the results highlighted the potential to significantly increase the project’s resource.New Age Exploration (ASX: NAE)Extensive and strong lithium anomalies have been noted across New Age Exploration’s Central Pilbara project in WA.Preliminary results from Ultrafine geochemical soil surveys have identified five “exceptionally strong, coherent lithium anomalisms” over extensive areas at the project.“Each of the areas are defined by lithium values in excess of 150 parts per million and all are supported by all of the key multi-elements, including caesium, tantalum, tin and rubidium which are well documented associations of lithium-bearing ‘rare-metal’ LCT pegmatite mineral systems,” New Age executive director Joshua Wellisch said.Echo IQ (ASX: EIQ)A US clinical study at the Harvard Medical School’s Beth Israel Deaconess Medical Center (BIDMC) has achieved primary objectives for Echo IQ’s AI-backed EchoSolv heart disease detection technology.The study retrospectively analysed patient records to assess EchoSolv in detecting individuals with severe aortic stenosis as well as those with increased risk of death from the disease.“The AI-backed technology identified a clear cohort of patients with a substantially increased risk of death,” Echo IQ chief research and strategy officer Prof Geoff Strange said.“This has the capability to assist clinicians, physicians and heart care teams in delivering specialist care where it is needed most,” he added.Stavely Minerals (ASX: SVY)Following a review of data and drill core at Stavely Minerals’ namesake deposit in Victoria, a new porphyry target has been identified.The review indicates mineralisation at the Cayley Lode deposit is transitioning from “high sulphidation” to “intermediate sulphidation” high-grade copper-gold towards the southeast.This is evidenced where previous drilling intercepted 10.4m 4.34% copper, 3.17g/t gold and 11g/t silver from 421m.Stavely will undertake a six diamond hole program in January next year to target the Caley Lode down-plunge and test this theory.The week aheadThere is really only one big bit of news to watch out for in the coming week with the Reserve Bank Board’s last meeting for the year on Tuesday now widely tipped to announce a 25-basis point rise to official interest rates.This meeting is crucial because there won’t be another one until February so the stakes are higher than normal.If the RBA were unexpectedly to go for a 0.5% rise and inflation data continued to improve that would cause needless pain for mortgage holders while underdoing the rise with 0.25% if inflation heads in the other direction risks the RBA once again falling behind the curve.All told, the 0.25% rise seems like the safest bet, followed in the now familiar pattern with all of the banks raising their mortgage rates and – eventually – some of their highly selective deposit rates.","news_type":1,"symbols_score_info":{"XAO.AU":0.9,"XJO.AU":0.9,"XKO.AU":0.9}},"isVote":1,"tweetType":1,"viewCount":2493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962113023,"gmtCreate":1669734041363,"gmtModify":1676538232457,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564660171292335","idStr":"3564660171292335"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9962113023","repostId":"2286859887","repostType":2,"isVote":1,"tweetType":1,"viewCount":2951,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966575168,"gmtCreate":1669601108555,"gmtModify":1676538211724,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564660171292335","idStr":"3564660171292335"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9966575168","repostId":"1174739263","repostType":2,"repost":{"id":"1174739263","kind":"news","pubTimestamp":1669600112,"share":"https://ttm.financial/m/news/1174739263?lang=&edition=fundamental","pubTime":"2022-11-28 09:48","market":"sg","language":"en","title":"Can the 3 Singapore Banks’ Share Prices Scale New All-Time Highs?","url":"https://stock-news.laohu8.com/highlight/detail?id=1174739263","media":"The Smart Investor","summary":"The local banks are riding high on interest rate hikes.Singapore’s three banks have been enjoying a ","content":"<html><head></head><body><p>The local banks are riding high on interest rate hikes.</p><p><img src=\"https://static.tigerbbs.com/244aaef2db315c7358f83d13e1b6b0b3\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>Singapore’s three banks have been enjoying a roaring good time.</p><p>The trio reported record net profits during the recent fiscal 2022’s third quarter (3Q2022) earnings.</p><p><b>United Overseas Bank Ltd</b> (SGX: U11), or UOB, saw its net profit jump 34% year on year to S$1.4 billion.</p><p><b>DBS Group</b> (SGX: D05), being the next to announce its earnings, posted arecord net profit of S$2.2 billion.</p><p>Not to be outdone, <b>OCBC Ltd</b> (SGX: O39) chalked up a net profit of S$1.6 billion for 3Q2022, the highest in its history.</p><p>Despite the stellar performance, the share prices of all three banks have yet to surpass their all-time highs.</p><p>Looking ahead, investors may be curious to know if the share prices for all three banks can scale new heights.</p><p>Let’s dig deeper to see if this could happen.</p><h2>Not quite there yet</h2><p>DBS is hovering at around S$35, around 6.7% off its all-time high of S$37.50.</p><p>UOB and OCBC are a bit further off from their record highs compared with Singapore’s largest lender.</p><p>OCBC is trading 8.9% below its record-high of S$13.54 while UOB’s share price is 9.2% lower than its all-time high of S$33.33.</p><p>Incidentally, these highs were all achieved earlier this year in February after news broke of the US Federal Reserve’s intention to raise interest rates to combat decades-high inflation.</p><p>Inflation in the US was already creeping higher back in April 2021 at 4.2%.</p><p>The gauge of consumer prices broke past 6% in October last year and hit 7.9% in February, prompting the central bank to make its first move to raise interest rates in March.</p><h2>A wave of higher NIMs</h2><p>To understand why the banks touched an all-time high earlier this year, it’s necessary to understand the impact of higher interest rates on their business.</p><p>Simply put, a rise in overall interest rates allows banks to loan out money at higher rates.</p><p>As it takes time for deposit rates to catch up, the banks will then benefit from higher net interest margins (NIMs).</p><p>We saw this phenomenon in 3Q2022.</p><p>OCBC took the trophy with a NIM of 2.06%, while DBS and UOB reported a NIM of 1.9% and 1.95%, respectively.</p><p>Note that these NIMs were significantly higher than a year ago when the average NIM across the three banks was just 1.5%.</p><p>All three banks have also quantified the effects of a higher NIM on their net interest income (NII).</p><p>For every percentage point increase in benchmark interest rates, DBS, UOB and OCBC will enjoy a 22.5%, 9.4% and 11.9% uplift to their 2021 NII, respectively.</p><p>The good news for the lenders is that the US Federal Reserve is not done yet.</p><p>It still plans to continue raising interest rates well into 2023, albeit at smaller magnitudes than the four consecutive “jumbo” hikes of 0.75 percentage points each.</p><h2>Earnings to head higher</h2><p>The consensus seems to be that the banks will continue reporting sparkling sets of financial numbers in tandem with the continued rise in interest rates.</p><p>DBS expects its NIM to reach 2.25% by the middle of next year while OCBC reported that its fourth-quarter NIM was already above 2.1%.</p><p>And as markets slowly recover from the wave of pessimism, fund flows should also start trickling in, benefitting the banks’ asset and wealth management arms.</p><p>Fee income could witness a rebound and help to further boost bank earnings as we head into 2023.</p><h2>Macroeconomic risks to be wary of</h2><p>Share prices have a habit of tracking business performance.</p><p>Therefore, should the three banks report higher profits in the quarters ahead, there is a good chance that their share prices could also charge ahead and surpass their previous all-time highs.</p><p>That said, it’s important to note that macroeconomic risks continue to lurk.</p><p>A recession could be on the cards and such an event will significantly crimp consumer demand, resulting in weaker or even negative loan growth.</p><p>High inflation also poses a challenge for many businesses as consumers tighten their wallets and spend less.</p><p>As companies face dwindling demand, they will also hold back from expanding their operations and delay adding capacity.</p><p>High interest rates are no help here, pushing companies to be more conservative rather than binging on debt.</p><p>There is a heightened risk of businesses facing financial difficulties.</p><p>Should this happen, the banks may have to increase their provisions to account for potential bad loans.</p><p>Investors need to balance the good with the bad and be prepared to monitor the banks to see how things pan out.</p></body></html>","source":"lsy1602567310727","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\" 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.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\">\nCan the 3 Singapore Banks’ Share Prices Scale New All-Time Highs?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-28 09:48 GMT+8 <a href=https://thesmartinvestor.com.sg/can-the-3-singapore-banks-share-prices-scale-new-all-time-highs/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The local banks are riding high on interest rate hikes.Singapore’s three banks have been enjoying a roaring good time.The trio reported record net profits during the recent fiscal 2022’s third quarter...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/can-the-3-singapore-banks-share-prices-scale-new-all-time-highs/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","O39.SI":"华侨银行","U11.SI":"大华银行"},"source_url":"https://thesmartinvestor.com.sg/can-the-3-singapore-banks-share-prices-scale-new-all-time-highs/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174739263","content_text":"The local banks are riding high on interest rate hikes.Singapore’s three banks have been enjoying a roaring good time.The trio reported record net profits during the recent fiscal 2022’s third quarter (3Q2022) earnings.United Overseas Bank Ltd (SGX: U11), or UOB, saw its net profit jump 34% year on year to S$1.4 billion.DBS Group (SGX: D05), being the next to announce its earnings, posted arecord net profit of S$2.2 billion.Not to be outdone, OCBC Ltd (SGX: O39) chalked up a net profit of S$1.6 billion for 3Q2022, the highest in its history.Despite the stellar performance, the share prices of all three banks have yet to surpass their all-time highs.Looking ahead, investors may be curious to know if the share prices for all three banks can scale new heights.Let’s dig deeper to see if this could happen.Not quite there yetDBS is hovering at around S$35, around 6.7% off its all-time high of S$37.50.UOB and OCBC are a bit further off from their record highs compared with Singapore’s largest lender.OCBC is trading 8.9% below its record-high of S$13.54 while UOB’s share price is 9.2% lower than its all-time high of S$33.33.Incidentally, these highs were all achieved earlier this year in February after news broke of the US Federal Reserve’s intention to raise interest rates to combat decades-high inflation.Inflation in the US was already creeping higher back in April 2021 at 4.2%.The gauge of consumer prices broke past 6% in October last year and hit 7.9% in February, prompting the central bank to make its first move to raise interest rates in March.A wave of higher NIMsTo understand why the banks touched an all-time high earlier this year, it’s necessary to understand the impact of higher interest rates on their business.Simply put, a rise in overall interest rates allows banks to loan out money at higher rates.As it takes time for deposit rates to catch up, the banks will then benefit from higher net interest margins (NIMs).We saw this phenomenon in 3Q2022.OCBC took the trophy with a NIM of 2.06%, while DBS and UOB reported a NIM of 1.9% and 1.95%, respectively.Note that these NIMs were significantly higher than a year ago when the average NIM across the three banks was just 1.5%.All three banks have also quantified the effects of a higher NIM on their net interest income (NII).For every percentage point increase in benchmark interest rates, DBS, UOB and OCBC will enjoy a 22.5%, 9.4% and 11.9% uplift to their 2021 NII, respectively.The good news for the lenders is that the US Federal Reserve is not done yet.It still plans to continue raising interest rates well into 2023, albeit at smaller magnitudes than the four consecutive “jumbo” hikes of 0.75 percentage points each.Earnings to head higherThe consensus seems to be that the banks will continue reporting sparkling sets of financial numbers in tandem with the continued rise in interest rates.DBS expects its NIM to reach 2.25% by the middle of next year while OCBC reported that its fourth-quarter NIM was already above 2.1%.And as markets slowly recover from the wave of pessimism, fund flows should also start trickling in, benefitting the banks’ asset and wealth management arms.Fee income could witness a rebound and help to further boost bank earnings as we head into 2023.Macroeconomic risks to be wary ofShare prices have a habit of tracking business performance.Therefore, should the three banks report higher profits in the quarters ahead, there is a good chance that their share prices could also charge ahead and surpass their previous all-time highs.That said, it’s important to note that macroeconomic risks continue to lurk.A recession could be on the cards and such an event will significantly crimp consumer demand, resulting in weaker or even negative loan growth.High inflation also poses a challenge for many businesses as consumers tighten their wallets and spend less.As companies face dwindling demand, they will also hold back from expanding their operations and delay adding capacity.High interest rates are no help here, pushing companies to be more conservative rather than binging on debt.There is a heightened risk of businesses facing financial difficulties.Should this happen, the banks may have to increase their provisions to account for potential bad loans.Investors need to balance the good with the bad and be prepared to monitor the banks to see how things pan out.","news_type":1,"symbols_score_info":{"O39.SI":0.9,"U11.SI":0.9,"D05.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2907,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}