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EuniceLee
EuniceLee
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2021-06-23
;
Baiji Investment: Meituan and Pinduoduo are the next Tesla-style companies
总部位于爱丁堡的基金管理者柏基投资(Baillie Gifford)在过去110多年里,通过将信号与噪音分离开来,创造了令人瞩目的投资记录。该公司投资于具有长期增长潜力的公开上市公司和私有企业,而不考
Baiji Investment: Meituan and Pinduoduo are the next Tesla-style companies
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EuniceLee
EuniceLee
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2021-06-23
⋯
Investment giants who tapped into Amazon and Tesla: the biggest opportunity is in China
当你和中国一些创始人交流的时候,不得不将某些质疑暂时搁置一旁。
Investment giants who tapped into Amazon and Tesla: the biggest opportunity is in China
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EuniceLee
EuniceLee
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2021-06-23
…
The US Markit manufacturing PMI hit a record high in June, while the services PMI fell short of expectations.
美国6月Markit制造业PMI初值62.6,高于预期的61.5以及前值62.1。
The US Markit manufacturing PMI hit a record high in June, while the services PMI fell short of expectations.
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EuniceLee
EuniceLee
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2021-06-23
:
Tesla's Q2 deliveries are expected to hit a new high; has the buying opportunity arrived?
市场普遍预期Q2交付量将再创新高,如何把握时机提早布局?
Tesla's Q2 deliveries are expected to hit a new high; has the buying opportunity arrived?
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EuniceLee
EuniceLee
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2021-06-21
Gg
A consortium led by Dehong Capital is close to acquiring 51job at a valuation of $5.3 billion.
知情人士透露,由德弘资本牵头的一个财团即将协议收购前程无忧,交易对这家人力资源服务公司的估值约为53亿美元。 知情人士称,该财团的成员还包括私募股权投资公司鸥翎投资和前程无忧联合创始人、首席执行官甄荣
A consortium led by Dehong Capital is close to acquiring 51job at a valuation of $5.3 billion.
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EuniceLee
EuniceLee
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2021-06-21
Ii
Sorry, this post has been deleted
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EuniceLee
EuniceLee
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2021-06-21
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Sorry, this post has been deleted
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EuniceLee
EuniceLee
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2021-06-21
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Sorry, this post has been deleted
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EuniceLee
EuniceLee
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2021-06-21
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EuniceLee
EuniceLee
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2021-06-21
Hh
The temptation of crossing over into car manufacturing is irresistible, and Meizu and Douyin may also enter the fray.
科技、互联网巨头纷纷跨界造车,已经不是新鲜事。
The temptation of crossing over into car manufacturing is irresistible, and Meizu and Douyin may also enter the fray.
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19:33","market":"hk","language":"zh","title":"Baiji Investment: Meituan and Pinduoduo are the next Tesla-style companies","url":"https://stock-news.laohu8.com/highlight/detail?id=1163510991","media":"Barrons巴伦","summary":"总部位于爱丁堡的基金管理者柏基投资(Baillie Gifford)在过去110多年里,通过将信号与噪音分离开来,创造了令人瞩目的投资记录。该公司投资于具有长期增长潜力的公开上市公司和私有企业,而不考","content":"<p>Edinburgh-based fund manager Baillie Gifford has built a remarkable investment track record over the past 110 years by separating signals from noise. The company invests in publicly listed and private companies with long-term growth potential, regardless of macroeconomic variables and short-term market fluctuations.</p><p>The company’s long-term investment vision and familiarity with new technologies made Tom Slater, its head of U.S. equity assets and portfolio manager of U.S. equities and long-term global growth funds, a natural choice for Barron’s recent Centennial Roundtable, whose members will be tasked with envisioning the next 100 years.</p><p>As a continuation of the conversation, the following are edited interviews, focusing on companies that offer the most exciting investment opportunities. Slater, along with Barron's Roundtable member James Anderson, serves as co-manager of the approximately £18 billion ($25 billion) Baillie Gifford's Scottish Mortgage Investment Trust (SMT) and the $145 million Baillie Gifford US Equity Growth fund (BGGSX). Co-manager. Both companies received a five-star rating from Morningstar. In the 12 months ending March 31, Scottish Mortgage Investment Trust rose 99%; In the year ending June 15, the U.S. The Equity Growth fund has a total return of 73%, ranking among the top in Morningstar's large Growth stock category.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1e534c9728cc83586e06170e5574ff7\" tg-width=\"1080\" tg-height=\"720\"><span>Tom Slater, Photograph by Matt Marcus</span></p><p><b>Barron's: After a glorious 2020, growth stocks are facing challenges. Are you worried about that?</b></p><p><b>Tom Slater</b>We do not focus on short-term fluctuations in stock prices. We focus on interesting companies with long-term growth opportunities. Our average holding period is 5 to 10 years. Only within this timeframe can fundamentals drive stock prices.</p><p>Many people try to focus on predicting economic variables. But they are inherently extremely unpredictable, if not completely impossible. At the same time, there are many predictable trends in fields such as communications, computing, machine learning, energy generation and storage, gene sequencing, and synthetic biology. We focus on predictable trends and the opportunities they create.</p><p><b>Barron's: At our centennial roundtable, you observed that some technologies in the field of biology, if not better than Moore's Law, at least follow a similar development trajectory. How should investors profit from this?</b></p><p><b>Tom Slater</b>The decline in the gene sequencing cost curve is far greater than the decline in computing power costs under Moore's Law. Now, the cost reduction is extending to related fields. Gene sequencing is generating a large amount of medical data, the cost of processing and storing this data is rapidly decreasing, and the cost of applying machine learning to this data is also rapidly decreasing.</p><p>An adjuvant therapy is our ability to start printing (replicating) DNA or RNA. Moderna (MRNA) is printing RNA sequences. We are talking about programming biology, except that instead of coding with 1s and 0s, we use Gs, Ts, As, and Cs (the nucleic acid bases that make up the genome in the order of guanine, thymine, adenine, and cytosine).</p><p>Moderna's ability to produce safe and effective vaccines based on messenger RNA should boost confidence in the company's ability to produce vaccines to meet other huge, unmet needs, such as those against HIV/AIDS. Another synthetic biology company, Ginkgo Bioworks, will go public through a merger with a SPAC. It is writing strings of DNA code that can be used in biomanufacturing processes.</p><p><b>Barron's: Won't Moderna's success attract competitors?</b></p><p><b>Tom Slater</b>When a technology undergoes a dramatic change, rather than just an evolution of existing paradigms, established companies often find it difficult to accept this change. More likely, this technology will empower new businesses and new business models. Until now, this has been the case in the automotive industry with the development of electric vehicles or electric vehicles. Interestingly, pharmaceutical companies with large vaccine franchises have not yet developed an effective COVID-19 vaccine.</p><p><b>Barron's: Speaking of electric vehicles, Baillie Gifford has reduced his Tesla holdings from a peak position of over 7% to less than 2%. Why is that?</b></p><p><b>Tom Slater</b>We still hold a large stake in Tesla. Part of the reason is that this sell-off reflects the strong performance of the company's stock price and the company's operational success in driving the stock price up. Another reason is that this sell-off is simply a comprehensive consideration of all possibilities looking upwards from here.</p><p><b>Barron's: Who is the next Tesla in electric vehicles and more broadly?</b></p><p><b>Tom Slater</b>China is the world's largest auto market, and I would be surprised if there were no domestic competitors in China to challenge Tesla.<b>We are investors in NIO (NIO), and NIO has the opportunity to become such a participant.</b></p><p>What characteristics make Tesla so interesting? More than 100 million cars are sold every year, which is a huge market. They approach this in a unique way, with a founder and CEO tying most of his wealth to the company. Tesla is tenaciously pursuing a long-term vision and doesn't need to worry too much about the stock market. During our holding period, Tesla's stock price fell by more than 30% 10 times.</p><p>Moderna has platform-based technology with a wide range of applications, so it's also very interesting. Illumina (ILMN), which makes genome sequencing instruments, has a similar opportunity.<b>Chinese companies, such as Meituan (3690), which focuses on local services, and Pinduoduo (PDD), which operates in the retail sector, are attractive, partly because of their ambitions, which are gradually changing the entire supply chain of their industries.</b></p><p>In Western markets, the delivery of pre-processed foods was initially intended as an alternative to takeout, but in China, the scope is much larger, as there is a greater culture of eating pre-processed foods. In China, kitchens in apartment buildings are being designed to be smaller and smaller, while these buildings are being designed for efficient food delivery service infrastructure. When you are building reliable, fast-delivery infrastructure, related industries emerge.</p><p><b>ByteDance is also very charming.</b>。 Its social media subsidiary TikTok has sparked controversy in the United States, but ByteDance is 95% about China, given how rapidly the company has grown in the domestic advertising market. In China, large companies led by founders are making full use of the scale advantages of the domestic market.</p><p><b>Barron's: Do you prefer to invest in companies led by founders as CEOs?</b></p><p><b>Tom Slater</b>We want to invest in companies led by people who are optimized for long-term results. This is more common in founders, but that doesn't mean you can't see it in professional CEOs.</p><p>Francis deSouza has been the CEO of Inmena since 2016. The company has a large revenue base, is profitable, and is growing in a predictable manner. Last year, based on its forecast of market trends over the next 5 to 10 years, Inmina offered $8 billion to acquire Grail, a pre-revenue developer of cancer blood testing. The stock market doesn't like this approach, but it's exactly what founders should do.</p><p><b>Barron's: Which private companies should investors pay attention to?</b></p><p><b>Tom Slater</b>Private companies like ByteDance and SpaceX have market capitalizations of tens of billions of dollars. SpaceX is trying to reduce the cost of going into space by several orders of magnitude, and it is creating a new market: a commercial pathway to space. We are also investors in Relativity Space, a company that is using 3D printing technology to build rockets.</p><p><b>Barron's: Recently, you have reduced your holdings in Amazon.com. Why?</b></p><p><b>Tom Slater</b>We have been shareholders of Amazon for 16 years. Prior to last year, any reduction in holdings was for the purpose of diversification within the fund. But Amazon is still a huge market for us, and it still faces some significant opportunities. The grocery business is one of them, and it is a huge category that is slowly going online.</p><p>On the other hand, Jeffrey Bezos's stepping down as CEO is a significant factor in our analysis of the company, coupled with the recent retirement of Jeff Wilker, who ran the consumer goods business (Bezos will become executive chairman on July 5). If you believe Bezos's vision and drive were important to Amazon's journey to this point, then even his partial exit is a more cautious reason.</p><p><b>Barron's: What other investments excite you?</b></p><p><b>Tom Slater</b>Lemonade (LMND) was originally a company that sold renters' insurance, and this company is perfect for online sales—especially mobile sales. This company has created a great consumer experience. It allows customers to designate a charity to accept excess fluctuations in their insurance pool, which creates an incentive not to exaggerate claims. Rental insurance is usually the first type of insurance product people buy. If the experience is great, they will consider purchasing the same brand of pet, car, or homeowners insurance. Lemonade is building a modern technology stack in an industry where large vendors still operate within the mainstream framework.</p><p>We recently invested in 10X Genomics (TXG) and Recursion Pharmaceuticals (RXRX). The common theme, once again, is that the efficiency of applying information technology far exceeds that of existing companies.</p><p>Affirm Holdings (AFRM) also fits this theme. Traditionally, point-of-sale loans have been a bad experience for consumers, with high interest rates and hefty fines if you don't make payments. By using new technologies, Affirm has created a more consumer-facing experience, driving more people to use the service. The runway in this mode is very long.</p><p><b>Barron's: Under what circumstances will a lack of profits become an obstacle to investment?</b></p><p><b>Tom Slater</b>Whether a company is currently profitable has little to do with how much value it has created. Take a software-as-a-service (SAAS) company as an example. Signing a new customer may cost a lot of money in the first year, but the revenue stream generated by this deal can last for decades. As an investor, I want companies to sign as many clients as possible, which means they will lose a lot of money at the beginning. However, if they can retain these customers, the value creation could be massive.</p><p><b>Barron's: Thank you, Tom.</b></p><p><b>By Lauren R. Rublin, contributor to Barron's</b></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>Baiji Investment: Meituan and Pinduoduo are the next Tesla-style companies</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBaiji Investment: Meituan and Pinduoduo are the next Tesla-style companies\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1063202233\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/dd0fd02e1b0644cdbe57505e702dacab);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Barrons巴伦 </p>\n<p class=\"h-time smaller\">2021-06-23 19:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Edinburgh-based fund manager Baillie Gifford has built a remarkable investment track record over the past 110 years by separating signals from noise. The company invests in publicly listed and private companies with long-term growth potential, regardless of macroeconomic variables and short-term market fluctuations.</p><p>The company’s long-term investment vision and familiarity with new technologies made Tom Slater, its head of U.S. equity assets and portfolio manager of U.S. equities and long-term global growth funds, a natural choice for Barron’s recent Centennial Roundtable, whose members will be tasked with envisioning the next 100 years.</p><p>As a continuation of the conversation, the following are edited interviews, focusing on companies that offer the most exciting investment opportunities. Slater, along with Barron's Roundtable member James Anderson, serves as co-manager of the approximately £18 billion ($25 billion) Baillie Gifford's Scottish Mortgage Investment Trust (SMT) and the $145 million Baillie Gifford US Equity Growth fund (BGGSX). Co-manager. Both companies received a five-star rating from Morningstar. In the 12 months ending March 31, Scottish Mortgage Investment Trust rose 99%; In the year ending June 15, the U.S. The Equity Growth fund has a total return of 73%, ranking among the top in Morningstar's large Growth stock category.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1e534c9728cc83586e06170e5574ff7\" tg-width=\"1080\" tg-height=\"720\"><span>Tom Slater, Photograph by Matt Marcus</span></p><p><b>Barron's: After a glorious 2020, growth stocks are facing challenges. Are you worried about that?</b></p><p><b>Tom Slater</b>We do not focus on short-term fluctuations in stock prices. We focus on interesting companies with long-term growth opportunities. Our average holding period is 5 to 10 years. Only within this timeframe can fundamentals drive stock prices.</p><p>Many people try to focus on predicting economic variables. But they are inherently extremely unpredictable, if not completely impossible. At the same time, there are many predictable trends in fields such as communications, computing, machine learning, energy generation and storage, gene sequencing, and synthetic biology. We focus on predictable trends and the opportunities they create.</p><p><b>Barron's: At our centennial roundtable, you observed that some technologies in the field of biology, if not better than Moore's Law, at least follow a similar development trajectory. How should investors profit from this?</b></p><p><b>Tom Slater</b>The decline in the gene sequencing cost curve is far greater than the decline in computing power costs under Moore's Law. Now, the cost reduction is extending to related fields. Gene sequencing is generating a large amount of medical data, the cost of processing and storing this data is rapidly decreasing, and the cost of applying machine learning to this data is also rapidly decreasing.</p><p>An adjuvant therapy is our ability to start printing (replicating) DNA or RNA. Moderna (MRNA) is printing RNA sequences. We are talking about programming biology, except that instead of coding with 1s and 0s, we use Gs, Ts, As, and Cs (the nucleic acid bases that make up the genome in the order of guanine, thymine, adenine, and cytosine).</p><p>Moderna's ability to produce safe and effective vaccines based on messenger RNA should boost confidence in the company's ability to produce vaccines to meet other huge, unmet needs, such as those against HIV/AIDS. Another synthetic biology company, Ginkgo Bioworks, will go public through a merger with a SPAC. It is writing strings of DNA code that can be used in biomanufacturing processes.</p><p><b>Barron's: Won't Moderna's success attract competitors?</b></p><p><b>Tom Slater</b>When a technology undergoes a dramatic change, rather than just an evolution of existing paradigms, established companies often find it difficult to accept this change. More likely, this technology will empower new businesses and new business models. Until now, this has been the case in the automotive industry with the development of electric vehicles or electric vehicles. Interestingly, pharmaceutical companies with large vaccine franchises have not yet developed an effective COVID-19 vaccine.</p><p><b>Barron's: Speaking of electric vehicles, Baillie Gifford has reduced his Tesla holdings from a peak position of over 7% to less than 2%. Why is that?</b></p><p><b>Tom Slater</b>We still hold a large stake in Tesla. Part of the reason is that this sell-off reflects the strong performance of the company's stock price and the company's operational success in driving the stock price up. Another reason is that this sell-off is simply a comprehensive consideration of all possibilities looking upwards from here.</p><p><b>Barron's: Who is the next Tesla in electric vehicles and more broadly?</b></p><p><b>Tom Slater</b>China is the world's largest auto market, and I would be surprised if there were no domestic competitors in China to challenge Tesla.<b>We are investors in NIO (NIO), and NIO has the opportunity to become such a participant.</b></p><p>What characteristics make Tesla so interesting? More than 100 million cars are sold every year, which is a huge market. They approach this in a unique way, with a founder and CEO tying most of his wealth to the company. Tesla is tenaciously pursuing a long-term vision and doesn't need to worry too much about the stock market. During our holding period, Tesla's stock price fell by more than 30% 10 times.</p><p>Moderna has platform-based technology with a wide range of applications, so it's also very interesting. Illumina (ILMN), which makes genome sequencing instruments, has a similar opportunity.<b>Chinese companies, such as Meituan (3690), which focuses on local services, and Pinduoduo (PDD), which operates in the retail sector, are attractive, partly because of their ambitions, which are gradually changing the entire supply chain of their industries.</b></p><p>In Western markets, the delivery of pre-processed foods was initially intended as an alternative to takeout, but in China, the scope is much larger, as there is a greater culture of eating pre-processed foods. In China, kitchens in apartment buildings are being designed to be smaller and smaller, while these buildings are being designed for efficient food delivery service infrastructure. When you are building reliable, fast-delivery infrastructure, related industries emerge.</p><p><b>ByteDance is also very charming.</b>。 Its social media subsidiary TikTok has sparked controversy in the United States, but ByteDance is 95% about China, given how rapidly the company has grown in the domestic advertising market. In China, large companies led by founders are making full use of the scale advantages of the domestic market.</p><p><b>Barron's: Do you prefer to invest in companies led by founders as CEOs?</b></p><p><b>Tom Slater</b>We want to invest in companies led by people who are optimized for long-term results. This is more common in founders, but that doesn't mean you can't see it in professional CEOs.</p><p>Francis deSouza has been the CEO of Inmena since 2016. The company has a large revenue base, is profitable, and is growing in a predictable manner. Last year, based on its forecast of market trends over the next 5 to 10 years, Inmina offered $8 billion to acquire Grail, a pre-revenue developer of cancer blood testing. The stock market doesn't like this approach, but it's exactly what founders should do.</p><p><b>Barron's: Which private companies should investors pay attention to?</b></p><p><b>Tom Slater</b>Private companies like ByteDance and SpaceX have market capitalizations of tens of billions of dollars. SpaceX is trying to reduce the cost of going into space by several orders of magnitude, and it is creating a new market: a commercial pathway to space. We are also investors in Relativity Space, a company that is using 3D printing technology to build rockets.</p><p><b>Barron's: Recently, you have reduced your holdings in Amazon.com. Why?</b></p><p><b>Tom Slater</b>We have been shareholders of Amazon for 16 years. Prior to last year, any reduction in holdings was for the purpose of diversification within the fund. But Amazon is still a huge market for us, and it still faces some significant opportunities. The grocery business is one of them, and it is a huge category that is slowly going online.</p><p>On the other hand, Jeffrey Bezos's stepping down as CEO is a significant factor in our analysis of the company, coupled with the recent retirement of Jeff Wilker, who ran the consumer goods business (Bezos will become executive chairman on July 5). If you believe Bezos's vision and drive were important to Amazon's journey to this point, then even his partial exit is a more cautious reason.</p><p><b>Barron's: What other investments excite you?</b></p><p><b>Tom Slater</b>Lemonade (LMND) was originally a company that sold renters' insurance, and this company is perfect for online sales—especially mobile sales. This company has created a great consumer experience. It allows customers to designate a charity to accept excess fluctuations in their insurance pool, which creates an incentive not to exaggerate claims. Rental insurance is usually the first type of insurance product people buy. If the experience is great, they will consider purchasing the same brand of pet, car, or homeowners insurance. Lemonade is building a modern technology stack in an industry where large vendors still operate within the mainstream framework.</p><p>We recently invested in 10X Genomics (TXG) and Recursion Pharmaceuticals (RXRX). The common theme, once again, is that the efficiency of applying information technology far exceeds that of existing companies.</p><p>Affirm Holdings (AFRM) also fits this theme. Traditionally, point-of-sale loans have been a bad experience for consumers, with high interest rates and hefty fines if you don't make payments. By using new technologies, Affirm has created a more consumer-facing experience, driving more people to use the service. The runway in this mode is very long.</p><p><b>Barron's: Under what circumstances will a lack of profits become an obstacle to investment?</b></p><p><b>Tom Slater</b>Whether a company is currently profitable has little to do with how much value it has created. Take a software-as-a-service (SAAS) company as an example. Signing a new customer may cost a lot of money in the first year, but the revenue stream generated by this deal can last for decades. As an investor, I want companies to sign as many clients as possible, which means they will lose a lot of money at the beginning. However, if they can retain these customers, the value creation could be massive.</p><p><b>Barron's: Thank you, Tom.</b></p><p><b>By Lauren R. Rublin, contributor to Barron's</b></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9b7f74a62c44767fb8f0a4bfbf0d91bc","relate_stocks":{"PDD":"拼多多","03690":"美团-W","TSLA":"特斯拉"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163510991","content_text":"总部位于爱丁堡的基金管理者柏基投资(Baillie Gifford)在过去110多年里,通过将信号与噪音分离开来,创造了令人瞩目的投资记录。该公司投资于具有长期增长潜力的公开上市公司和私有企业,而不考虑宏观经济变量和短期市场波动。\n该公司的长期投资视野和对新技术的熟悉程度,使其美国权益资产主管、美股和长期全球增长基金的投资组合经理汤姆·斯莱特(Tom Slater)成为《巴伦周刊》最近举办的百年圆桌会议(Centennial Roundtable)的自然之选,该圆桌会议的成员将负责畅想未来100年。\n作为对话的延续,下文是经过编辑的采访,我们重点关注那些提供最令人兴奋的投资机会的公司。斯莱特与巴伦圆桌会议成员詹姆斯 · 安德森(James Anderson)共同担任联席经理,管理着约180亿英镑(合250亿美元)的 Baillie Gifford’s Scottish Mortgage Investment Trust (SMT) ,并担任1.45亿美元的 Baillie Gifford U.S. Equity Growth fund (BGGSX)的联席经理。这两家公司都获得了晨星的五星评级。在截至3月31日的12个月中,Scottish Mortgage Investment Trust上涨了99% ; 在截至6月15日的一年中,U.S. Equity Growth fund的总回报率为73% ,在晨星公司的大成长股类别中位居前列。\n汤姆·斯莱特(Tom Slater),图:Photograph by Matt Marcus\n《巴伦周刊》:在经历了2020年的辉煌之后,成长型股票正面临挑战。你对此担心吗?\n汤姆 · 斯莱特:我们不关注股票价格的短期波动。我们专注于那些拥有长期发展机会的有趣公司。我们的平均持有期为5至10年。只有在这样的时间范围内,基本面才能推动股价。\n许多人试图专注于预测经济变量。但它们天生就是极难预测的,如果不是完全不可能的话。与此同时,在通信、计算、机器学习、能源生成和储存、基因测序和合成生物学等领域,有许多可以预测的趋势。我们关注可预测的趋势和它们创造的机会。\n《巴伦周刊》:在我们的百年圆桌会议上,你们观察到生物学领域的一些技术即使不比摩尔定律更好,至少也遵循类似的发展轨迹。投资者应该如何从中获利?\n汤姆 · 斯莱特:基因测序成本曲线的下降幅度,远远大于摩尔定律下计算能力成本下降的幅度。现在,成本下降正在向相关领域扩展。基因测序正在产生大量的医疗数据,处理和存储这些数据的成本正在迅速下降,将机器学习应用于这些数据的成本也在迅速下降。\n一个辅助疗法是我们开始打印(复制)DNA 或 RNA 的能力。莫德纳公司(Moderna,MRNA)正在打印 RNA 序列。我们讨论的是编程生物学,只不过不是用1和0编码,而是用 Gs、 Ts、 As 和 Cs (鸟嘌呤、胸腺嘧啶、腺嘌呤和胞嘧啶ー排序的核酸碱基组成基因组)。\n莫德纳公司基于信使 RNA 生产安全有效疫苗的能力,应该会增强人们对该公司生产疫苗能力的信心,以满足其他巨大的、未被满足的需求,比如针对艾滋病毒/艾滋病。另一家合成生物公司银杏生物工程(Ginkgo Bioworks)将通过与 SPAC合并上市。它正在编写可用于生物制造过程的一串串 DNA 代码。\n《巴伦周刊》:莫德纳的成功不会吸引竞争对手吗?\n汤姆 · 斯莱特:当一项技术经历了剧烈的变化,而不仅仅是现有范式的演变,既有的公司往往很难接受这种变化。更有可能的是,这项技术将会为新的业务和新的商业模式赋能。到目前为止,随着电动汽车或电动汽车的发展,汽车行业一直是这种情况。有趣的是,拥有大型疫苗特许经营权的制药公司还没有研制出有效的新冠病毒疫苗。\n《巴伦周刊》:说到电动汽车,Baillie Gifford已经将持有的特斯拉从7% 以上的峰值仓位削减到不到2%。这是为什么?\n汤姆 · 斯莱特:我们仍然持有大量特斯拉的股份。部分原因在于,这次抛售反映出该公司股价的强劲走势,以及该公司在推动股价上涨方面的运营成功。另一部分原因,这次抛售只是在通盘考虑从这里往上看的各种可能性。\n《巴伦周刊》:在电动汽车和更广泛的领域,谁是下一个特斯拉?\n汤姆 · 斯莱特:中国是世界上最大的汽车市场,如果没有中国国内的竞争者来挑战特斯拉,我会感到惊讶。我们是蔚来( NIO)的投资者,而蔚来有机会成为这样的参与者。\n是什么样的特性让特斯拉如此有趣?每年销售的汽车超过1亿辆,这是一个巨大的市场。他们以一种独特的方式来处理这个问题,一位创始人兼首席执行官将自己的大部分财富与公司捆绑在一起。特斯拉顽强地追求一个长期愿景,不必过分担心股市的想法。在我们持股期间,特斯拉有10次股价下跌幅度超过30% 。\n莫德纳拥有应用程序足够广泛的平台型技术,因此也非常有趣。制造基因组测序仪器的因美纳公司(Illumina,ILMN)也有类似的机会。中国的公司,比如专注于本地服务的美团(3690),以及零售领域的拼多多(PDD),都很吸引人,部分原因在于它们的雄心壮志,它们正在逐渐改变本行业的整个供应链。\n在西方市场,配送预加工食品最初是作为外卖的替代品,而在中国,这一范围要大得多,因为这里有更多吃预加工食品的文化。在中国,公寓楼里的厨房设计得越来越小,同时这些公寓楼正在高效的食品配送服务基础设施而设计。当你在建设可靠的快速交付基础设施时,相关产业就应运而生。\n字节跳动也非常迷人。它的社交媒体子公司TikTok在美国引发了争议,但字节跳动95% 是关于中国的,这家公司在国内广告市场上的规模成长多么迅速。在中国,由创始人领导的大型企业正在充分利用国内市场的规模优势。\n《巴伦周刊》:你们更喜欢投资由创始人担任CEO领导的公司吗?\n汤姆 · 斯莱特:我们希望投资那些为长期结果而优化的人领导的公司。这在创始人身上更为常见,但这并不是说你不能在职业CEO身上看到。\n自2016年以来,弗朗西斯·德·苏萨(Francis deSouza )一直担任因美纳公司的首席执行官。该公司有一个庞大的收入基础,利润丰厚,并以可预见的方式增长。去年,基于它对未来5到10年市场走向的预测,因美纳公司出价80亿美元收购了 Grail 公司,这是一家癌症血液检测的预收入开发商。股市并不喜欢这种做法,但这正是创始人该做的事情。\n《巴伦周刊》:投资者应该关注哪些私有企业?\n汤姆 · 斯莱特:像字节跳动和SpaceX这样的私有企业市值高达数百亿美元。SpaceX试图降低进入太空的成本达到几个数量级级别,并且它正在创造一个新的市场: 进入太空的商业途径。我们也是Relativity Space公司的投资者,该公司正在使用3D打印技术制造火箭。\n《巴伦周刊》:最近,你们减少了在亚马逊网站上的持股,为什么?\n汤姆 · 斯莱特:我们作为亚马逊的股东已经有16年了。在去年之前,任何减持都是为了基金内部的多样化。但是亚马逊对我们来说仍然是一个巨大的市场,它仍然面临着一些重大机遇。杂货业务就是其中之一,它是一个正在缓慢线上化的庞大类别。\n另一方面,杰弗里 · 贝佐斯从 CEO 的位置上退下来是我们分析公司的一个重要因素,再加上最近经营消费品业务的杰夫 · 威尔克的退休(贝佐斯将于7月5日成为执行主席)。如果你认为贝佐斯的远见和动力对于亚马逊走到这一步很重要,那么哪怕是他部分的退出,也是更加谨慎的理由。\n《巴伦周刊》:还有什么其他的投资让你兴奋?\n汤姆 · 斯莱特:Lemonade(LMND)最初是一家出售租房保险的公司,这家公司非常适合在线销售——尤其是手机销售。这家公司创造了很棒的消费体验。它允许客户指定一个慈善机构来接受他们保险池中的超额浮动,这就产生了不夸大索赔要求的激励。租房保险通常是人们会购买的第一种保险产品。如果体验很棒,他们会考虑购买同一品牌的宠物、汽车或者房主保险。Lemonade 正在一个大型厂商仍然在主流框架中运行的行业中建立一个现代技术堆栈。\n我们最近投资了10X 基因组公司(10X Genomics,TXG)和递归制药公司(Recursion Pharmaceuticals,RXRX)。共同的主题,再一次是应用信息技术的效率远远超过现有公司。\nAffirm Holdings(AFRM)也符合这一主题。传统上,销售点贷款对于消费者来说是一种糟糕的体验,利率很高,如果你不付款就会受到高额罚款。通过使用新技术,Affirm 创造了一个更加面向消费者的体验,推动了更多人使用该服务。这个模式的跑道很长。\n《巴伦周刊》:在什么情况下,缺少利润将成为投资的阻碍?\n汤姆 · 斯莱特:一家公司目前是否盈利与创造了多少价值几乎没有关系。以软件即服务(SAAS)公司为例,签下一个新客户在第一年可能要花很多钱,但这笔交易所产生的收入流可能会持续数十年。作为一个投资者,我希望公司签下尽可能多的客户,这意味着他们将在一开始损失很多钱。但是,如果他们能够留住这些客户,价值创造可能是海量的。\n《巴伦周刊》:谢谢你,汤姆。\n文|《巴伦周刊》撰稿人劳伦·R·鲁布林(Lauren R. Rublin)","news_type":1,"symbols_score_info":{"03690":0.9,"TSLA":0.9,"PDD":0.9}},"isVote":1,"tweetType":1,"viewCount":4906,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121802645,"gmtCreate":1624457821087,"gmtModify":1703837365593,"author":{"id":"3573541608753389","authorId":"3573541608753389","name":"EuniceLee","avatar":"https://community-static.tradeup.com/news/746ef6f7f3258deedfd721080b8deaeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573541608753389","idStr":"3573541608753389"},"themes":[],"title":"","htmlText":"⋯","listText":"⋯","text":"⋯","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121802645","repostId":"1152199095","repostType":4,"repost":{"id":"1152199095","kind":"news","weMediaInfo":{"introduction":"追踪全球财经热点,精选影响您财富的资讯,投资理财必备神器!","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1624448804,"share":"https://ttm.financial/m/news/1152199095?lang=en_US&edition=fundamental","pubTime":"2021-06-23 19:46","market":"uk","language":"zh","title":"Investment giants who tapped into Amazon and Tesla: the biggest opportunity is in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1152199095","media":"华尔街见闻","summary":"当你和中国一些创始人交流的时候,不得不将某些质疑暂时搁置一旁。","content":"<p>Far from the world's financial center, the British Peninsula is home to a 110-year-old veteran investment fund that was discovered 17 years ago.<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>I took a liking to it 8 years ago.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Amid global economic turmoil, it is now turning its attention to China.</p><p>According to the Financial Times, Baillie Gifford (BG) believes<b>China is the most compelling source of opportunities to address the dramatic changes and technological disruptions that may occur in global markets over the next two decades.</b></p><p>Tom Slater, a fund manager at the company, said when discussing its investments in China:</p><p>I've found that when you talk to some founders in China, you have to put some of your doubts aside for the time being. He recalled that when he met Meituan founder Wang Xing in San Francisco in 2015, he felt that the goal of delivering tens of millions of tons of food every day was \"completely impossible,\" but investing...<a href=\"https://laohu8.com/S/00700\">Tencent</a>His experience reminded him that \"in China, it is not impossible.\" So that year, BG made its first investment in Meituan, and now it has been proven that Meituan has indeed achieved its daily order target.</p><p>Regarding other Chinese concept stocks,<a href=\"https://laohu8.com/S/NIO\">Nio</a>、<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>、<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>All of these are BG's \"pockets\".</p><p>It is worth mentioning that BG had its eye on Meituan as early as three years before its public listing, and since its IPO in 2018, Meituan's stock price has risen by 319%.</p><p>A similar situation occurs with ByteDance and<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Even before their IPOs, their investments had already become potential pinnacles in BG's venture capital field. BG entered venture capital about 10 years ago, and venture capital now accounts for one-fifth of its total assets, taking its Scottish Mortgage Trust product as an example.</p><p>BG is a British institution founded in 1908, truly a \"century-old company\" in the asset management industry. Over the past 20 years, outstanding performance has driven its assets under management to grow 15-fold, from £22 billion at the end of 2000 to £326 billion at the end of 2020, which includes a diversified portfolio of assets such as equities and fixed income. This figure was achieved through steady growth, not through mergers or acquisitions.</p><p><img src=\"https://static.tigerbbs.com/61fa17d310a39809fb9698ff9f67f1f7\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\"></p><p>Besides the Chinese market, some well-known examples of BG's success include Tesla, Amazon,<a href=\"https://laohu8.com/S/ILMN\">illuminate</a>and Moderna et al.</p><p>In early 2013, it spent $89 million to build a position of 2.3 million Tesla shares, with an average holding cost of only $38.70. He continued to buy shares over the next three years, holding approximately 14 million shares in 2017, thus firmly establishing himself as Tesla's second-largest shareholder. Last year, Tesla's continuous surge caused a huge wave in the North American hedge fund industry, with many large and medium-sized funds closing down due to shorting Tesla, while BG made a floating profit of over $20 billion (equivalent to more than 140 billion RMB).</p><p>Since its first investment in Tesla in 2013, Tesla's stock price has risen by nearly 9,000%. Furthermore, since its first investment in Amazon in 2004, Amazon's stock price has risen by more than 6,500%; BG held shares in Moderna before its IPO, and the stock price has risen by more than 1,000% in the year since its IPO.</p><p>For many years, BG has been known for its long-term investments. At the entrance to BG's headquarters, the company's intuitive and easy-to-understand investment philosophy is written: \"Actual investors think in decades. Not quarters.\"</p><p>According to Baillie Gifford, \"long-term investment in a very small number of high-quality companies that are the most competitive, innovative, and efficient in terms of growth, and achieving excess returns,\" is what true investing is.</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>Investment giants who tapped into Amazon and Tesla: the biggest opportunity is in 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: 12.5px; color: #7E829C; margin: 0;}\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\">\nInvestment giants who tapped into Amazon and Tesla: the biggest opportunity is in China\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2021-06-23 19:46</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Far from the world's financial center, the British Peninsula is home to a 110-year-old veteran investment fund that was discovered 17 years ago.<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>I took a liking to it 8 years ago.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Amid global economic turmoil, it is now turning its attention to China.</p><p>According to the Financial Times, Baillie Gifford (BG) believes<b>China is the most compelling source of opportunities to address the dramatic changes and technological disruptions that may occur in global markets over the next two decades.</b></p><p>Tom Slater, a fund manager at the company, said when discussing its investments in China:</p><p>I've found that when you talk to some founders in China, you have to put some of your doubts aside for the time being. He recalled that when he met Meituan founder Wang Xing in San Francisco in 2015, he felt that the goal of delivering tens of millions of tons of food every day was \"completely impossible,\" but investing...<a href=\"https://laohu8.com/S/00700\">Tencent</a>His experience reminded him that \"in China, it is not impossible.\" So that year, BG made its first investment in Meituan, and now it has been proven that Meituan has indeed achieved its daily order target.</p><p>Regarding other Chinese concept stocks,<a href=\"https://laohu8.com/S/NIO\">Nio</a>、<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>、<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>All of these are BG's \"pockets\".</p><p>It is worth mentioning that BG had its eye on Meituan as early as three years before its public listing, and since its IPO in 2018, Meituan's stock price has risen by 319%.</p><p>A similar situation occurs with ByteDance and<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Even before their IPOs, their investments had already become potential pinnacles in BG's venture capital field. BG entered venture capital about 10 years ago, and venture capital now accounts for one-fifth of its total assets, taking its Scottish Mortgage Trust product as an example.</p><p>BG is a British institution founded in 1908, truly a \"century-old company\" in the asset management industry. Over the past 20 years, outstanding performance has driven its assets under management to grow 15-fold, from £22 billion at the end of 2000 to £326 billion at the end of 2020, which includes a diversified portfolio of assets such as equities and fixed income. This figure was achieved through steady growth, not through mergers or acquisitions.</p><p><img src=\"https://static.tigerbbs.com/61fa17d310a39809fb9698ff9f67f1f7\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\"></p><p>Besides the Chinese market, some well-known examples of BG's success include Tesla, Amazon,<a href=\"https://laohu8.com/S/ILMN\">illuminate</a>and Moderna et al.</p><p>In early 2013, it spent $89 million to build a position of 2.3 million Tesla shares, with an average holding cost of only $38.70. He continued to buy shares over the next three years, holding approximately 14 million shares in 2017, thus firmly establishing himself as Tesla's second-largest shareholder. Last year, Tesla's continuous surge caused a huge wave in the North American hedge fund industry, with many large and medium-sized funds closing down due to shorting Tesla, while BG made a floating profit of over $20 billion (equivalent to more than 140 billion RMB).</p><p>Since its first investment in Tesla in 2013, Tesla's stock price has risen by nearly 9,000%. Furthermore, since its first investment in Amazon in 2004, Amazon's stock price has risen by more than 6,500%; BG held shares in Moderna before its IPO, and the stock price has risen by more than 1,000% in the year since its IPO.</p><p>For many years, BG has been known for its long-term investments. At the entrance to BG's headquarters, the company's intuitive and easy-to-understand investment philosophy is written: \"Actual investors think in decades. Not quarters.\"</p><p>According to Baillie Gifford, \"long-term investment in a very small number of high-quality companies that are the most competitive, innovative, and efficient in terms of growth, and achieving excess returns,\" is what true investing is.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e3784f27cbe847751b5f227c1d2030e7","relate_stocks":{"03086":"华夏纳指","09086":"华夏纳指-U"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152199095","content_text":"远离世界金融中心的英伦半岛,坐落着一家110年历史的骨灰级投资基金,17年前它就发掘了亚马逊,8年前便相中了特斯拉,全球经济动荡之际,它如今将目光投向了中国。\n据英国金融时报,Baillie Gifford(BG)认为中国是最引人注目的机会来源,以应对未来二十年,全球市场可能发生的剧烈变化和技术颠覆。\n该公司一名基金经理Tom Slater谈及在中国的投资时称:\n\n 我发现,当你和中国一些创始人交流的时候,不得不将某些质疑暂时搁置一旁。\n\n他回忆说,2015年他在旧金山遇到美团创始人王兴时,觉得每天配送几千万顿外卖的目标“完全是不可能的事”,但投资腾讯的经历又提醒他,“在中国,并非不可能”。于是就在那一年,BG首次投资了美团,如今事实证明,美团确实达成了其每日订单目标。\n其余中概股方面,蔚来、百度、好未来、拼多多等都是BG的“囊中之物”。\n值得一提的是,BG相中美团早在其公开上市3年前,而自2018年IPO以来,美团股价已经上涨了319%。\n类似的情况出现在对字节跳动和阿里巴巴的投资,两者IPO前就已成为BG风投领域潜在的巅峰之作。BG约10年前进入风投领域,以其旗下产品苏格兰抵押贷款信托(Scottish Mortgage Trust)为例,风险投资目前已占其总资产的五分之一。\nBG是一家1908年成立的英国机构,真正资管界的“百年老店”。过去20年里,优秀业绩推动其资管规模增长了15倍,从2000年底的220亿英镑增加到2020年底的3260亿英镑,其中包括权益类、固定收益等多元资产投资组合。这一数字是通过稳定增长,而不是通过合并或收购实现的。\n\n除中国市场外,BG一些著名的成功例子包括特斯拉、亚马逊、Illumina和Moderna等。\n它在2013年初耗资8900万美元建立了230万股的特斯拉头寸,平均持股成本仅38.7美元;随后三年继续买入,2017年持有约1400万股,从此稳居特斯拉二股东席位。去年,特斯拉的连续暴涨在北美对冲基金业掀起巨浪,不少大中型基金因做空特斯拉而关门,BG则浮盈超200亿美元(折合1400亿人民币以上)。\n自其2013年首次投资特斯拉以来,特斯拉股价上涨近9000%。此外,自2004年首次投资亚马逊以来,亚马逊股价涨超6500%;Moderna公开上市前BG便持有其股票,该股IPO以来一年,股价已上涨逾1000%。\n多年来,BG以长期投资著称。在BG公司总部的入口处,写着这家其直观易懂的投资理念——“真正的投资者不会只关注几个季度,他们会放眼数十年(Actual investors think in decades. Not quarters.)”。\n在Baillie Gifford看来,“长期投资于最具竞争力、创新性和成长效率的极少数优质企业,并取得超额回报”,这才是真正的投资(actual investing)。","news_type":1,"symbols_score_info":{"03086":0.9,"09086":0.9}},"isVote":1,"tweetType":1,"viewCount":4563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121806324,"gmtCreate":1624457804168,"gmtModify":1703837363971,"author":{"id":"3573541608753389","authorId":"3573541608753389","name":"EuniceLee","avatar":"https://community-static.tradeup.com/news/746ef6f7f3258deedfd721080b8deaeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573541608753389","idStr":"3573541608753389"},"themes":[],"title":"","htmlText":"…","listText":"…","text":"…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121806324","repostId":"1146565871","repostType":4,"repost":{"id":"1146565871","kind":"news","pubTimestamp":1624455991,"share":"https://ttm.financial/m/news/1146565871?lang=en_US&edition=fundamental","pubTime":"2021-06-23 21:46","market":"us","language":"zh","title":"The US Markit manufacturing PMI hit a record high in June, while the services PMI fell short of expectations.","url":"https://stock-news.laohu8.com/highlight/detail?id=1146565871","media":"华尔街见闻","summary":"美国6月Markit制造业PMI初值62.6,高于预期的61.5以及前值62.1。","content":"<p>Financial data provider IHS<a href=\"https://laohu8.com/S/MRKT\">Markit</a>The U.S. manufacturing and services PMI data for June was released on Wednesday. The preliminary reading of the manufacturing PMI was higher than expected, reaching a new high since records began in 2007. The preliminary reading of the services PMI released during the same period was lower than expected, declining slightly, but still at a historical high.</p><p>According to data, the preliminary reading of the U.S. Markit Manufacturing PMI for June was 62.6, higher than the expected 61.5 and the previous reading of 62.1, marking the highest level since records began in 2007.</p><p><img src=\"https://static.tigerbbs.com/2ef76bb72997ac135dfb8e759ab6d349\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p><p>The Markit U.S. Services PMI, released at the same time, came in at 64.8 in early June, lower than the expected 70 and the pre-May reading of 70.4, but still at a relatively high level.</p><p><img src=\"https://static.tigerbbs.com/6c905d7c20d8a9a5d235949b994e86ac\" tg-width=\"640\" tg-height=\"334\" referrerpolicy=\"no-referrer\"></p><p>Influenced by services data, Markit's preliminary US composite PMI for June came in at 63.9, a significant decrease from 68.7 in May.</p><p><img src=\"https://static.tigerbbs.com/1a3fe8e2812d33165ecf56ccc7bb4f43\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p><p>Regarding the economic situation this month, IHS Markit pointed out in its data report that employment problems remained widespread in June, as experts said it was still difficult to find experienced candidates for existing job openings. In addition, price pressures remained high in June. The rate of input price increases has slowed slightly, but it is still the second fastest in history. The manufacturing sector remains focused on the rapid increase in raw material and fuel costs, while the service sector is concerned about high wages offered to attract workers, as well as higher transportation and fuel costs.</p><p>Chris Williamson, chief business economist at IHS Markit, said after the data release that the preliminary PMI readings for June indicated that the U.S. economy achieved impressive growth that month. Although output growth and new order inflows in both the manufacturing and service sectors have declined, this is due to capacity constraints that limit firms' ability to meet demand, rather than a cooling economy.</p><p>However, he also stated that although price levels have declined from their historical highs in May, the economy is still very hot. Prices for goods and services are still soaring, record supply shortages are worsening rather than improving, businesses are struggling to fill gaps, and the rate at which manufacturing inventories are being depleted is worrying as businesses struggle to meet market demand.</p><p>In addition, Chris Williamson pointed out that although economic growth may peak in the second quarter, the subsequent inflation peak may be much higher.</p>","source":"highlight_wallstreetcn","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>The US Markit manufacturing PMI hit a record high in June, while the services PMI fell short of expectations.</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nThe US Markit manufacturing PMI hit a record high in June, while the services PMI fell short of expectations.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-23 21:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Financial data provider IHS<a href=\"https://laohu8.com/S/MRKT\">Markit</a>The U.S. manufacturing and services PMI data for June was released on Wednesday. The preliminary reading of the manufacturing PMI was higher than expected, reaching a new high since records began in 2007. The preliminary reading of the services PMI released during the same period was lower than expected, declining slightly, but still at a historical high.</p><p>According to data, the preliminary reading of the U.S. Markit Manufacturing PMI for June was 62.6, higher than the expected 61.5 and the previous reading of 62.1, marking the highest level since records began in 2007.</p><p><img src=\"https://static.tigerbbs.com/2ef76bb72997ac135dfb8e759ab6d349\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p><p>The Markit U.S. Services PMI, released at the same time, came in at 64.8 in early June, lower than the expected 70 and the pre-May reading of 70.4, but still at a relatively high level.</p><p><img src=\"https://static.tigerbbs.com/6c905d7c20d8a9a5d235949b994e86ac\" tg-width=\"640\" tg-height=\"334\" referrerpolicy=\"no-referrer\"></p><p>Influenced by services data, Markit's preliminary US composite PMI for June came in at 63.9, a significant decrease from 68.7 in May.</p><p><img src=\"https://static.tigerbbs.com/1a3fe8e2812d33165ecf56ccc7bb4f43\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p><p>Regarding the economic situation this month, IHS Markit pointed out in its data report that employment problems remained widespread in June, as experts said it was still difficult to find experienced candidates for existing job openings. In addition, price pressures remained high in June. The rate of input price increases has slowed slightly, but it is still the second fastest in history. The manufacturing sector remains focused on the rapid increase in raw material and fuel costs, while the service sector is concerned about high wages offered to attract workers, as well as higher transportation and fuel costs.</p><p>Chris Williamson, chief business economist at IHS Markit, said after the data release that the preliminary PMI readings for June indicated that the U.S. economy achieved impressive growth that month. Although output growth and new order inflows in both the manufacturing and service sectors have declined, this is due to capacity constraints that limit firms' ability to meet demand, rather than a cooling economy.</p><p>However, he also stated that although price levels have declined from their historical highs in May, the economy is still very hot. Prices for goods and services are still soaring, record supply shortages are worsening rather than improving, businesses are struggling to fill gaps, and the rate at which manufacturing inventories are being depleted is worrying as businesses struggle to meet market demand.</p><p>In addition, Chris Williamson pointed out that although economic growth may peak in the second quarter, the subsequent inflation peak may be much higher.</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3633694\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/135fb5b6f21d9ee05edcb64a0736f62f","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://wallstreetcn.com/articles/3633694","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1146565871","content_text":"金融数据供应商IHS Markit周三公布了美国6月的制造业和服务业PMI数据,其中制造业PMI初值高于预期,创2007年有纪录以来新高,同期公布的服务业PMI初值不及预期,有所下滑,但仍处于历史高位。\n根据数据,美国6月Markit制造业PMI初值62.6,高于预期的61.5以及前值62.1,创下2007年有纪录以来的最高水平。\n\n同期公布的Markit美国服务业PMI指数6月初值录得64.8,不及预期的70和5月前值70.4,不过仍处于较高水平。\n\n在服务业数据的影响之下,Markit美国综合PMI的6月初值录得63.9,较5月的68.7明显下降。\n\n对于本月的经济状况,IHS Markit在数据报告当中指出,就业问题在6月仍然很普遍,因为有专家表示,目前仍难以为现有职位空缺寻找有经验的应聘者。此外,6月份的价格压力仍然维持高位。投入品价格上涨速度略有放缓,但仍是历史上第二快。制造业的关注点仍在于原材料和燃料成本的快速增长,而服务业的关注点则是为吸引工人而提出的的高工资,以及更高的运输费用和燃料成本。\nIHS Markit的首席商业经济学家Chris Williamson在数据公布之后表示,6月的PMI初值表明,美国经济当月取得了令人印象深刻的增长。虽然制造业和服务业的产出增长和新订单流入都出现了回落,但出现这种状况的原因是产能受限使得企业应对需求的能力受到限制,而非经济出现降温。\n不过他也表示,虽然价格水平从5月的历史高位出现下滑,但经济目前仍然非常热。商品和服务的价格仍在急升,创纪录的供应短缺正在恶化而非出现改善,企业正在努力填补空缺,而制造业库存的消耗速度也令人担忧,因为企业正在努力满足市场需求。\n此外Chris Williamson还指出,虽然二季度的经济增速或将触及峰值,但后续的通胀峰值则可能远高于此。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":4474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121808653,"gmtCreate":1624457792872,"gmtModify":1703837362998,"author":{"id":"3573541608753389","authorId":"3573541608753389","name":"EuniceLee","avatar":"https://community-static.tradeup.com/news/746ef6f7f3258deedfd721080b8deaeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573541608753389","idStr":"3573541608753389"},"themes":[],"title":"","htmlText":":","listText":":","text":":","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121808653","repostId":"2145929670","repostType":4,"repost":{"id":"2145929670","kind":"highlight","pubTimestamp":1624452183,"share":"https://ttm.financial/m/news/2145929670?lang=en_US&edition=fundamental","pubTime":"2021-06-23 20:43","market":"us","language":"zh","title":"Tesla's Q2 deliveries are expected to hit a new high; has the buying opportunity arrived?","url":"https://stock-news.laohu8.com/highlight/detail?id=2145929670","media":"金十数据","summary":"市场普遍预期Q2交付量将再创新高,如何把握时机提早布局?","content":"<p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>CEO Elon Musk sent an internal email to employees on the 18th local time. The email did not disclose actual production and delivery targets for the second quarter, but only offered encouragement and requirements:</p><p>\"Overall, we executed well, but the next 12 days are crucial for production and delivery this quarter. Please give it your all!\" Musk did not disclose the number of deliveries completed so far or the Q2 target in the letter, but<b>Analysts expect deliveries this quarter to reach 198,000 to 200,000, setting a new record for quarterly deliveries.</b></p><p>Judging from the wording of the email, Musk seems to believe that the delivery target for the second quarter is achievable, but in order to achieve this goal, the team needs to make a very intense sprint at the end of the quarter.</p><p>With less than two weeks left in the second quarter, given Tesla's trend of launching a large-scale push at the end of the quarter, it is likely that Tesla will do everything it can to deliver as many cars as possible before the end of the month.</p><p><b>Q1 Delivery Data Review</b></p><p>In the first quarter of this year, Tesla delivered 184,800 electric vehicles and produced 180,338 vehicles, both setting new records. According to delivery data, all of Tesla's electric vehicles produced in the first quarter were Model 3 and Model Y models, while production of the more expensive Model S and Model X models was zero.</p><p>Meanwhile, the 2,020 Model S and Model X vehicles delivered in the first quarter all came from previous production inventory, accounting for only 1% of the total deliveries in that quarter. The chart below shows Tesla Model S/X/3/Y deliveries as of the first quarter of 2021:</p><p><img src=\"https://static.tigerbbs.com/f922029c3a0ba8d1f3227eb32e8c8bee\" tg-width=\"960\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p><p><b>Q2 Delivery Forecast</b></p><p>For Tesla, rapid sales growth is crucial because traditional automakers have woken up and are boosting plug-in vehicle sales for most brands. The new plant in Texas is a key factor for further growth, as the start-up of the German plant appears to be \"challenging\".</p><p>Tesla fan Troy Teslike estimates that,<b>In the second quarter, deliveries of 198,000 vehicles are possible (he previously gave a forecast of 192,000 vehicles).</b>This would support the argument for 200,000 vehicles—another symbolic milestone. Troy Teslike also predicts that Tesla will deliver 838,000 vehicles throughout 2021. The following chart shows his predicted data:</p><p><img src=\"https://static.tigerbbs.com/a6540ca353b7336cb0291d9c95645713\" tg-width=\"566\" tg-height=\"766\" referrerpolicy=\"no-referrer\"></p><p>before<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>CIO Gary Black stated that with US/China Model Y deliveries (expected) reaching record highs in the second quarter, and Chinese and US-made Model 3 exports to the EU setting records every quarter,<b>Tesla's second-quarter deliveries may reach 210,000 to 215,000 vehicles (compared to market expectations of 205,000).</b>After the second quarter, the market expects Tesla's deliveries for fiscal year 2021 to approach 900,000 vehicles (the current forecast is 866,000 vehicles).</p><p>Tesla short GLJ Research analyst Gordon Johnson lowered his forecast for Tesla's (TSLA.O) second-quarter deliveries while raising his forecast for full-year fiscal 2021 deliveries.<b>The second-quarter delivery forecast has been lowered from 196,000 to 194,000 vehicles, while the full-year 2021 delivery forecast has been raised from 783,900 to 799,700 vehicles.</b>。 Johnson stated that they made this adjustment because they believe sales in China will reach around 30,000 vehicles in June.</p><p>The Motley Fool reports that Tesla may need to more than double its second-quarter deliveries year-over-year to meet The company's updated first-quarter guidance of more than 50% increase in full-year deliveries compared to 2020 levels. But this shouldn't be too difficult. If the second quarter maintains the same delivery volume as the first quarter, a year-on-year growth rate of 104% can be achieved.</p><p><b>However, supply shortages remain potential challenges, particularly in the areas of semiconductors, logistics, and shipping port capacity constraints.</b>。 Given the optimistic signals released by Tesla's management, deliveries in the second quarter are expected to increase compared to the first quarter.</p><p><b>Model S Focus on delivery</b></p><p>Previously, on June 10, Tesla held a delivery ceremony for the Model S Plaid version at its test drive plant next to its Fremont Gigafactory. At the event, Tesla CEO Elon Musk announced that the company would deliver 25 Model S Plaids that evening. In addition, Musk added that hundreds of Model S Plaids will soon be delivered per week, and thousands of Model S Plaids will be delivered per week next quarter.</p><p>Days after Tesla officially delivered the first batch of Model S Plaids, drones patrolling the Fremont factory showed that the company is now mass-producing the car. In addition, judging from videos and photos shared by netizens on social media, some Model S Plaids are on their way. Coupled with the growing Model S fleet at the Fremont factory, Tesla seems to want to ensure that this newly released car can be delivered to customers before the end of this quarter.</p><p><img src=\"https://static.tigerbbs.com/20cb3d4a2cc9c0f4e1e2181891cab618\" tg-width=\"554\" tg-height=\"299\" referrerpolicy=\"no-referrer\"></p><p>According to recent foreign media reports, as the second quarter of 2021 draws to a close, Tesla Model S deliveries are accelerating. Foreign media predict that Tesla's production and deliveries will be particularly tight in the second quarter, with a large backlog of Model S delivery orders due to the postponement of the new Model launch. In addition, more than 10,000 cars were put on hold for delivery in May, which delayed many order deliveries and made it necessary to wait until Tesla launches its new computer vision system.</p><p><b>Tesla's stock price history on the day of its quarterly delivery data release and in the first five days.</b></p><p>From Q1 2020 to Q1 this year, Tesla's deliveries exceeded market expectations for five consecutive quarters, with the stock price rising by more than 3% on the day of the announcement on four of those occasions, as shown in the chart below. As the second quarter draws to a close, investors may be able to find patterns in previous market trend charts, seize opportunities, and position themselves early!</p><p><img src=\"https://static.tigerbbs.com/bedab4feccd75ca5c4d48fd2872c022c\" tg-width=\"1242\" tg-height=\"3620\" referrerpolicy=\"no-referrer\"></p>","source":"xnew_highlight","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>Tesla's Q2 deliveries are expected to hit a new high; has the buying opportunity arrived?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTesla's Q2 deliveries are expected to hit a new high; has the buying opportunity arrived?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金十数据</strong><span class=\"h-time small\">2021-06-23 20:43</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>CEO Elon Musk sent an internal email to employees on the 18th local time. The email did not disclose actual production and delivery targets for the second quarter, but only offered encouragement and requirements:</p><p>\"Overall, we executed well, but the next 12 days are crucial for production and delivery this quarter. Please give it your all!\" Musk did not disclose the number of deliveries completed so far or the Q2 target in the letter, but<b>Analysts expect deliveries this quarter to reach 198,000 to 200,000, setting a new record for quarterly deliveries.</b></p><p>Judging from the wording of the email, Musk seems to believe that the delivery target for the second quarter is achievable, but in order to achieve this goal, the team needs to make a very intense sprint at the end of the quarter.</p><p>With less than two weeks left in the second quarter, given Tesla's trend of launching a large-scale push at the end of the quarter, it is likely that Tesla will do everything it can to deliver as many cars as possible before the end of the month.</p><p><b>Q1 Delivery Data Review</b></p><p>In the first quarter of this year, Tesla delivered 184,800 electric vehicles and produced 180,338 vehicles, both setting new records. According to delivery data, all of Tesla's electric vehicles produced in the first quarter were Model 3 and Model Y models, while production of the more expensive Model S and Model X models was zero.</p><p>Meanwhile, the 2,020 Model S and Model X vehicles delivered in the first quarter all came from previous production inventory, accounting for only 1% of the total deliveries in that quarter. The chart below shows Tesla Model S/X/3/Y deliveries as of the first quarter of 2021:</p><p><img src=\"https://static.tigerbbs.com/f922029c3a0ba8d1f3227eb32e8c8bee\" tg-width=\"960\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p><p><b>Q2 Delivery Forecast</b></p><p>For Tesla, rapid sales growth is crucial because traditional automakers have woken up and are boosting plug-in vehicle sales for most brands. The new plant in Texas is a key factor for further growth, as the start-up of the German plant appears to be \"challenging\".</p><p>Tesla fan Troy Teslike estimates that,<b>In the second quarter, deliveries of 198,000 vehicles are possible (he previously gave a forecast of 192,000 vehicles).</b>This would support the argument for 200,000 vehicles—another symbolic milestone. Troy Teslike also predicts that Tesla will deliver 838,000 vehicles throughout 2021. The following chart shows his predicted data:</p><p><img src=\"https://static.tigerbbs.com/a6540ca353b7336cb0291d9c95645713\" tg-width=\"566\" tg-height=\"766\" referrerpolicy=\"no-referrer\"></p><p>before<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>CIO Gary Black stated that with US/China Model Y deliveries (expected) reaching record highs in the second quarter, and Chinese and US-made Model 3 exports to the EU setting records every quarter,<b>Tesla's second-quarter deliveries may reach 210,000 to 215,000 vehicles (compared to market expectations of 205,000).</b>After the second quarter, the market expects Tesla's deliveries for fiscal year 2021 to approach 900,000 vehicles (the current forecast is 866,000 vehicles).</p><p>Tesla short GLJ Research analyst Gordon Johnson lowered his forecast for Tesla's (TSLA.O) second-quarter deliveries while raising his forecast for full-year fiscal 2021 deliveries.<b>The second-quarter delivery forecast has been lowered from 196,000 to 194,000 vehicles, while the full-year 2021 delivery forecast has been raised from 783,900 to 799,700 vehicles.</b>。 Johnson stated that they made this adjustment because they believe sales in China will reach around 30,000 vehicles in June.</p><p>The Motley Fool reports that Tesla may need to more than double its second-quarter deliveries year-over-year to meet The company's updated first-quarter guidance of more than 50% increase in full-year deliveries compared to 2020 levels. But this shouldn't be too difficult. If the second quarter maintains the same delivery volume as the first quarter, a year-on-year growth rate of 104% can be achieved.</p><p><b>However, supply shortages remain potential challenges, particularly in the areas of semiconductors, logistics, and shipping port capacity constraints.</b>。 Given the optimistic signals released by Tesla's management, deliveries in the second quarter are expected to increase compared to the first quarter.</p><p><b>Model S Focus on delivery</b></p><p>Previously, on June 10, Tesla held a delivery ceremony for the Model S Plaid version at its test drive plant next to its Fremont Gigafactory. At the event, Tesla CEO Elon Musk announced that the company would deliver 25 Model S Plaids that evening. In addition, Musk added that hundreds of Model S Plaids will soon be delivered per week, and thousands of Model S Plaids will be delivered per week next quarter.</p><p>Days after Tesla officially delivered the first batch of Model S Plaids, drones patrolling the Fremont factory showed that the company is now mass-producing the car. In addition, judging from videos and photos shared by netizens on social media, some Model S Plaids are on their way. Coupled with the growing Model S fleet at the Fremont factory, Tesla seems to want to ensure that this newly released car can be delivered to customers before the end of this quarter.</p><p><img src=\"https://static.tigerbbs.com/20cb3d4a2cc9c0f4e1e2181891cab618\" tg-width=\"554\" tg-height=\"299\" referrerpolicy=\"no-referrer\"></p><p>According to recent foreign media reports, as the second quarter of 2021 draws to a close, Tesla Model S deliveries are accelerating. Foreign media predict that Tesla's production and deliveries will be particularly tight in the second quarter, with a large backlog of Model S delivery orders due to the postponement of the new Model launch. In addition, more than 10,000 cars were put on hold for delivery in May, which delayed many order deliveries and made it necessary to wait until Tesla launches its new computer vision system.</p><p><b>Tesla's stock price history on the day of its quarterly delivery data release and in the first five days.</b></p><p>From Q1 2020 to Q1 this year, Tesla's deliveries exceeded market expectations for five consecutive quarters, with the stock price rising by more than 3% on the day of the announcement on four of those occasions, as shown in the chart below. As the second quarter draws to a close, investors may be able to find patterns in previous market trend charts, seize opportunities, and position themselves early!</p><p><img src=\"https://static.tigerbbs.com/bedab4feccd75ca5c4d48fd2872c022c\" tg-width=\"1242\" tg-height=\"3620\" referrerpolicy=\"no-referrer\"></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://xnews.jin10.com/webapp/details.html?id=76537&type=news\">金十数据</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1b86586210e1f8bc591340d4eb624b89","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://xnews.jin10.com/webapp/details.html?id=76537&type=news","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145929670","content_text":"特斯拉CEO马斯克于当地时间18日给员工发送了一封内部邮件,该邮件并没有透露第二季度实际生产和交付目标,只是做出了鼓舞和要求:\n\n “总的来说,我们执行得很好,但接下来的 12 天对于本季度的生产和交付来说非常重要。请全力以赴!”\n\n马斯克在信件中并没有透露目前已经完成的交付数量以及Q2目标,但分析师预期本季度的交付数量将达到19.8万-20万,刷新季度交付数量新高。\n从邮件措辞来看,马斯克似乎相信第二季度的交付目标是可实现的,但为了实现这一目标,团队需在季度末进行非常激烈的冲刺。\n第二季度只剩下不到两周的时间,考虑到特斯拉在季度末发起大规模推动的趋势,特斯拉很有可能会尽其所能在本月底之前交付尽可能多的汽车。\nQ1交付数据回顾\n今年第一季度,特斯拉电动汽车的交付量达184800辆,产量达180338辆,双双创下历史新高。据交付数据,第一季度特斯拉生产的所有电动汽车均为Model 3和Model Y车型,价格更为昂贵的Model S和Model X车型的产量为零。\n同时,第一季度所交付的2020辆Model S和Model X,均来自此前的生产库存,其交付数量仅占该季度总交付量的1%。下图是截至2021年第一季度,特斯拉Model S/X/3/Y交付量:\n\nQ2交付量预测\n对于特斯拉来说,销量的快速增长非常重要,因为传统汽车龙头企业已经觉醒并正在为大多数品牌提振插电式汽车销量。得州的新工厂是进一步增长的关键因素,因为德国工厂的启动似乎“具有挑战性”。\n特斯拉忠粉Troy Teslike估计,在第二季度,198000辆的交付量是有可能的(他此前给出的预期值为192000辆),这将支持20万辆的论点——另一个象征性的里程碑。Troy Teslike还预测特斯拉2021年全年将交付83.8万辆。下图是他的预测数据:\n\n前高盛CIO Gary Black表示,随着美国/中国第二季度Model Y交付量(预计)达到新高,以及中国及美国产Model 3对欧盟的出口量每个季度都创下纪录,特斯拉第二季度交付量可能达到21万—21.5万辆(市场预期20.5万辆),第二季度后市场对特斯拉2021财年交付量的预期可能接近90万辆(目前的预测为86.6万辆)。\n特斯拉空头GLJ Research分析师Gordon Johnson下调了他对特斯拉(TSLA.O)第二季度交付量的预期,同时上调对2021财年全年交付量的预期。第二季度交付量预期从19.6万下调至19.4万辆,而2021年全年交付量预期从78.39万上调到79.97万辆。Johnson表示,我们之所以做出这一调整,是因为我们认为6月在中国的销量将达到3万辆左右。\nThe Motley Fool报道称,特斯拉可能需要将其第二季度的交付量同比增加一倍以上才能达到公司在第一季度更新的指引,即全年交付量比 2020 年水平增加50%以上。但这应该不会太难,如果第二季度维持一季度的交付量,也能实现104%的同比增长率。\n不过供应短缺仍然是潜在的挑战,尤其是半导体、物流和航运港口容量限制方面。鉴于特斯拉管理层释放的乐观信号,预计第二季度交付量会较第一季度录得增长。\nModel S发力交付\n此前6月10日,特斯拉在弗里蒙特超级工厂旁边的试驾厂举行了Model S Plaid版交付仪式。活动现场,特斯拉CEO马斯克宣布,该公司将于当晚交付25辆Model S Plaid。此外,马斯克还补充表示,很快将每周交付数百辆Model S Plaid,下个季度每周将交付数千辆Model S Plaid。\n在特斯拉正式交付第一批Model S Plaid的几天后,弗里蒙特工厂上空巡查的无人机显示,该公司现在正在批量生产这款车。另外从网友在社交媒体上分享的视频和照片来看,一些Model S Plaid正在运送途中,再加上弗里蒙特工厂内不断增长的Model S车队,特斯拉似乎想要确保这款新发布的汽车能在本季度结束前交付给客户。\n\n近日,据外媒报道,随着2021年第二季度临近结束,特斯拉Model S的交付速度加快。外媒预计,特斯拉二季度的生产和交付都特别紧张,由于新车型发布被推迟,Model S的交付订单大量积压。此外,5月份有1万多辆汽车被搁置发货,这也推迟了许多订单交付,需等到特斯拉推出其新计算机视觉系统。\n特斯拉公布季度交付数据当日及前五日股价历史走势\n2020年Q1至今年Q1,特斯拉连续五个季度的交付量超出市场普遍预期,其中四次在公布当日股价上涨3%以上,如下图所示。随着第二季度临近结束,投资者们或许可以此前几次行情走势图从中找到规律,把握时机,提早布局!","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":4212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167425974,"gmtCreate":1624282923098,"gmtModify":1703832375140,"author":{"id":"3573541608753389","authorId":"3573541608753389","name":"EuniceLee","avatar":"https://community-static.tradeup.com/news/746ef6f7f3258deedfd721080b8deaeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573541608753389","idStr":"3573541608753389"},"themes":[],"title":"","htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167425974","repostId":"1172790765","repostType":4,"repost":{"id":"1172790765","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624269676,"share":"https://ttm.financial/m/news/1172790765?lang=en_US&edition=fundamental","pubTime":"2021-06-21 18:01","market":"us","language":"zh","title":"A consortium led by Dehong Capital is close to acquiring 51job at a valuation of $5.3 billion.","url":"https://stock-news.laohu8.com/highlight/detail?id=1172790765","media":"老虎资讯综合","summary":"知情人士透露,由德弘资本牵头的一个财团即将协议收购前程无忧,交易对这家人力资源服务公司的估值约为53亿美元。\n知情人士称,该财团的成员还包括私募股权投资公司鸥翎投资和前程无忧联合创始人、首席执行官甄荣","content":"<p>Sources familiar with the matter revealed that a consortium led by Dehong Capital is about to agree to acquire 51job, valuing the human resources services company at approximately $5.3 billion.</p><p>Sources familiar with the matter said the consortium, which also includes private equity firm Ouling Investment and 51job co-founder and CEO Zhen Ronghui, is currently in advanced negotiations to acquire the New York-listed company for approximately $79.05 per ADS. A deal could be announced as early as Monday, said people familiar with the matter who requested anonymity because the matter was not made public.</p><p>This offer represents a 5.9% premium over 51job's recent closing price and is comparable to Dehong Capital's initial proposal last September. According to data compiled by Bloomberg, this will be one of the largest acquisitions of Chinese companies listed in the US this year.</p><p>Sources familiar with the matter said the consortium's acquisition funds mainly came from domestic banks. Japan's Recruit Holdings Co. is currently 51job's largest shareholder, holding 34.8% of the shares. It plans to sell a small stake and continue to hold the remaining shares.</p><p>Zhen Ronghui holds approximately 19.2% of the shares and is poised to increase his stake to nearly 40%, while Dehong Capital and Ouling Investment will collectively hold more than 20% of the shares. Sources familiar with the matter said consultations are still ongoing, and the details and timing of the deal may change.</p><p>51job declined to comment.<img src=\"https://static.tigerbbs.com/57f54152d386e63bf14850cd94cf5624\" tg-width=\"840\" tg-height=\"470\" 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>A consortium led by Dehong Capital is close to acquiring 51job at a valuation of $5.3 billion.</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nA consortium led by Dehong Capital is close to acquiring 51job at a valuation of $5.3 billion.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-21 18:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Sources familiar with the matter revealed that a consortium led by Dehong Capital is about to agree to acquire 51job, valuing the human resources services company at approximately $5.3 billion.</p><p>Sources familiar with the matter said the consortium, which also includes private equity firm Ouling Investment and 51job co-founder and CEO Zhen Ronghui, is currently in advanced negotiations to acquire the New York-listed company for approximately $79.05 per ADS. A deal could be announced as early as Monday, said people familiar with the matter who requested anonymity because the matter was not made public.</p><p>This offer represents a 5.9% premium over 51job's recent closing price and is comparable to Dehong Capital's initial proposal last September. According to data compiled by Bloomberg, this will be one of the largest acquisitions of Chinese companies listed in the US this year.</p><p>Sources familiar with the matter said the consortium's acquisition funds mainly came from domestic banks. Japan's Recruit Holdings Co. is currently 51job's largest shareholder, holding 34.8% of the shares. It plans to sell a small stake and continue to hold the remaining shares.</p><p>Zhen Ronghui holds approximately 19.2% of the shares and is poised to increase his stake to nearly 40%, while Dehong Capital and Ouling Investment will collectively hold more than 20% of the shares. Sources familiar with the matter said consultations are still ongoing, and the details and timing of the deal may change.</p><p>51job declined to comment.<img src=\"https://static.tigerbbs.com/57f54152d386e63bf14850cd94cf5624\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/46494ff0a967fd1461f0d4b570a39e77","relate_stocks":{"JOBS":"前程无忧"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172790765","content_text":"知情人士透露,由德弘资本牵头的一个财团即将协议收购前程无忧,交易对这家人力资源服务公司的估值约为53亿美元。\n知情人士称,该财团的成员还包括私募股权投资公司鸥翎投资和前程无忧联合创始人、首席执行官甄荣辉,目前正在进行深入谈判,以每ADS约79.05美元的价格收购这家纽约上市公司。因事未公开而要求匿名的知情人士表示,协议最快可能于周一宣布。\n这一出价比前程无忧的最近收盘价溢价5.9%,与去年9月德弘资本的初始方案相当。根据彭博汇编的数据,这将是今年以来在美上市中资企业规模最大的收购交易之一。\n知情人士称,该财团收购资金主要来自于国内的银行。日本的Recruit Holdings Co.目前是前程无忧最大的股东,持有34.8%的股份,计划出售少量持股,并继续持有剩余股份。\n甄荣辉持有大约19.2%的股份,势将增持至近40%,而德弘资本和鸥翎投资将合共持有超过20%的股份。知情人士称,磋商仍在继续,交易细节和时间可能有变。\n对此,前程无忧表示,不予置评。","news_type":1,"symbols_score_info":{"JOBS":0.9}},"isVote":1,"tweetType":1,"viewCount":5557,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167422599,"gmtCreate":1624282907711,"gmtModify":1703832374485,"author":{"id":"3573541608753389","authorId":"3573541608753389","name":"EuniceLee","avatar":"https://community-static.tradeup.com/news/746ef6f7f3258deedfd721080b8deaeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573541608753389","idStr":"3573541608753389"},"themes":[],"title":"","htmlText":"Ii","listText":"Ii","text":"Ii","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167422599","repostId":"1115796699","repostType":4,"isVote":1,"tweetType":1,"viewCount":4734,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167426775,"gmtCreate":1624282889297,"gmtModify":1703832373502,"author":{"id":"3573541608753389","authorId":"3573541608753389","name":"EuniceLee","avatar":"https://community-static.tradeup.com/news/746ef6f7f3258deedfd721080b8deaeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573541608753389","idStr":"3573541608753389"},"themes":[],"title":"","htmlText":"Ii","listText":"Ii","text":"Ii","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167426775","repostId":"1152151455","repostType":4,"isVote":1,"tweetType":1,"viewCount":4794,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167426536,"gmtCreate":1624282876225,"gmtModify":1703832373665,"author":{"id":"3573541608753389","authorId":"3573541608753389","name":"EuniceLee","avatar":"https://community-static.tradeup.com/news/746ef6f7f3258deedfd721080b8deaeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573541608753389","idStr":"3573541608753389"},"themes":[],"title":"","htmlText":"Ff","listText":"Ff","text":"Ff","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167426536","repostId":"1132614785","repostType":4,"isVote":1,"tweetType":1,"viewCount":5234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167426828,"gmtCreate":1624282866064,"gmtModify":1703832372516,"author":{"id":"3573541608753389","authorId":"3573541608753389","name":"EuniceLee","avatar":"https://community-static.tradeup.com/news/746ef6f7f3258deedfd721080b8deaeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573541608753389","idStr":"3573541608753389"},"themes":[],"title":"","htmlText":"Ff","listText":"Ff","text":"Ff","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167426828","repostId":"1169694875","repostType":4,"isVote":1,"tweetType":1,"viewCount":3934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167428726,"gmtCreate":1624282853965,"gmtModify":1703832371701,"author":{"id":"3573541608753389","authorId":"3573541608753389","name":"EuniceLee","avatar":"https://community-static.tradeup.com/news/746ef6f7f3258deedfd721080b8deaeb","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573541608753389","idStr":"3573541608753389"},"themes":[],"title":"","htmlText":"Hh","listText":"Hh","text":"Hh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167428726","repostId":"2145087340","repostType":4,"repost":{"id":"2145087340","kind":"news","pubTimestamp":1624275691,"share":"https://ttm.financial/m/news/2145087340?lang=en_US&edition=fundamental","pubTime":"2021-06-21 19:41","market":"us","language":"zh","title":"The temptation of crossing over into car manufacturing is irresistible, and Meizu and Douyin may also enter the fray.","url":"https://stock-news.laohu8.com/highlight/detail?id=2145087340","media":"一财网","summary":"科技、互联网巨头纷纷跨界造车,已经不是新鲜事。","content":"<p>Since 2021, Huawei, Xiaomi, OPPO,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Technology companies such as Skyworth, Gree, Didi, and Lenovo have all announced news related to car manufacturing.</p><p>It's nothing new for tech and internet giants to venture into car manufacturing. Since 2021, technology companies such as Huawei, Xiaomi, OPPO, Baidu, Skyworth, Gree, Didi, and Lenovo have all announced news related to car manufacturing.</p><p>Recent data shows that Meizu and Douyin are also expected to enter the market.</p><p>According to Qichacha, Zhuhai Meizu Technology Co., Ltd. applied to register the FLYME FOR CAR trademark on June 4, which covers 42 categories of design research in the international classification. Currently, all trademarks are under registration. It is understood that FLYME FOR CAR is Meizu's in-vehicle system.</p><p><img src=\"https://static.tigerbbs.com/e6b6121f30bb35c58574a337eff8d131\" tg-width=\"720\" tg-height=\"692\" referrerpolicy=\"no-referrer\"></p><p>In addition, a source close to ByteDance said that ByteDance recently launched a Logo called \"Douyin Auto\", which features a car icon with the words \"Douyin Auto\" below.</p><p><img src=\"https://static.tigerbbs.com/c556b78fba1bb232cc2f7c5f592e8f22\" tg-width=\"378\" tg-height=\"357\" referrerpolicy=\"no-referrer\"></p><p>According to Qichacha, Beijing ByteDance Network Technology Co., Ltd. has registered the \"ByteDance\" trademark, which is classified internationally as design research, communication services, etc.</p><p><img src=\"https://static.tigerbbs.com/c90e5d1a503d105866b9cc3cce0225f9\" tg-width=\"720\" tg-height=\"916\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/601162\">TF Securities</a>It is pointed out that in the short term, disruptive factors such as chip shortages and rising raw material prices are expected to gradually return to normal starting in the third quarter of this year, providing support for the industry's upward profitability. In the medium to long term, Huawei,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Tech giants such as Xiaomi are accelerating their development in the new battlefield of \"car manufacturing,\" while traditional automakers are also accelerating their electric and intelligent transformation. Under the great wave of technology, we are firmly optimistic that the intelligent electric vehicle industry chain will become the main investment theme that will run through the automotive sector for the next few years and is expected to weather cycles.</p>","source":"sina_symbol","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>The temptation of crossing over into car manufacturing is irresistible, and Meizu and Douyin may also enter the fray.</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nThe temptation of crossing over into car manufacturing is irresistible, and Meizu and Douyin may also enter the fray.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">一财网</strong><span class=\"h-time small\">2021-06-21 19:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Since 2021, Huawei, Xiaomi, OPPO,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Technology companies such as Skyworth, Gree, Didi, and Lenovo have all announced news related to car manufacturing.</p><p>It's nothing new for tech and internet giants to venture into car manufacturing. Since 2021, technology companies such as Huawei, Xiaomi, OPPO, Baidu, Skyworth, Gree, Didi, and Lenovo have all announced news related to car manufacturing.</p><p>Recent data shows that Meizu and Douyin are also expected to enter the market.</p><p>According to Qichacha, Zhuhai Meizu Technology Co., Ltd. applied to register the FLYME FOR CAR trademark on June 4, which covers 42 categories of design research in the international classification. Currently, all trademarks are under registration. It is understood that FLYME FOR CAR is Meizu's in-vehicle system.</p><p><img src=\"https://static.tigerbbs.com/e6b6121f30bb35c58574a337eff8d131\" tg-width=\"720\" tg-height=\"692\" referrerpolicy=\"no-referrer\"></p><p>In addition, a source close to ByteDance said that ByteDance recently launched a Logo called \"Douyin Auto\", which features a car icon with the words \"Douyin Auto\" below.</p><p><img src=\"https://static.tigerbbs.com/c556b78fba1bb232cc2f7c5f592e8f22\" tg-width=\"378\" tg-height=\"357\" referrerpolicy=\"no-referrer\"></p><p>According to Qichacha, Beijing ByteDance Network Technology Co., Ltd. has registered the \"ByteDance\" trademark, which is classified internationally as design research, communication services, etc.</p><p><img src=\"https://static.tigerbbs.com/c90e5d1a503d105866b9cc3cce0225f9\" tg-width=\"720\" tg-height=\"916\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/601162\">TF Securities</a>It is pointed out that in the short term, disruptive factors such as chip shortages and rising raw material prices are expected to gradually return to normal starting in the third quarter of this year, providing support for the industry's upward profitability. In the medium to long term, Huawei,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Tech giants such as Xiaomi are accelerating their development in the new battlefield of \"car manufacturing,\" while traditional automakers are also accelerating their electric and intelligent transformation. Under the great wave of technology, we are firmly optimistic that the intelligent electric vehicle industry chain will become the main investment theme that will run through the automotive sector for the next few years and is expected to weather cycles.</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://finance.sina.com.cn/chanjing/gsnews/2021-06-21/doc-ikqciyzk0966377.shtml\">一财网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b476f71a058c3c2c502986ccbc2766d7","relate_stocks":{},"source_url":"https://finance.sina.com.cn/chanjing/gsnews/2021-06-21/doc-ikqciyzk0966377.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145087340","content_text":"2021年以来,华为、小米、OPPO、百度、创维、格力、滴滴与联想等科技企业均已宣布造车的相关消息。\n科技、互联网巨头纷纷跨界造车,已经不是新鲜事。2021年以来,华为、小米、OPPO、百度、创维、格力、滴滴与联想等科技企业均已宣布造车的相关消息。\n近日资料显示,魅族、抖音也有望入局。\n企查查显示,珠海市魅族科技有限公司于6月4日申请注册FLYME FOR CAR商标,国际分类涉42类设计研究等。目前商标状态均为注册申请中,据悉,FLYME FOR CAR为魅族车载系统。\n\n此外,一位接近字节跳动的人士称,字节跳动于近日推出了一个名为“抖音汽车”的Logo,Logo以一辆汽车的图标为主体,下方带有“抖音汽车”字样。\n\n企查查显示,北京字节跳动网路技术有限公司曾注册“字节汽车”商标,国际分类涉设计研究、通讯服务等。\n\n天风证券指出,短期来看,芯片短缺、原材料价格上涨等扰动因素有望在今年三季度开始逐步恢复正常,为行业盈利向上提供支撑;中长期看,华为、苹果、小米等科技巨头正加速布局“造车”新战场,传统车企也在加快电动智能转型步伐,科技大浪潮下,坚定看好汽车智能电动产业链成为贯穿汽车板块未来数年,且有望穿越周期的投资主线。","news_type":1,"symbols_score_info":{"DYIN":0.9}},"isVote":1,"tweetType":1,"viewCount":4970,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}