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2024-11-22

Hang Seng is doomed!

Texas governor orders state agencies to sell China assets

2024-11-22

Most useless stock to invest in. Why bother to monitor this stock! There are many many other excellent stocks to invest in.

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2024-11-22

Most useless stock to invest. Just ignore! There are many many other excellent stocks to invest in.

Alibaba Integrates E-Commerce Platforms into a Single Business Unit

2024-11-20

The most useless stock!

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Seng is doomed!","listText":"Hang Seng is doomed!","text":"Hang Seng is doomed!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373787976347752","repostId":"2485352312","repostType":2,"repost":{"id":"2485352312","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1732265050,"share":"https://ttm.financial/m/news/2485352312?lang=en_US&edition=fundamental","pubTime":"2024-11-22 16:44","market":"us","language":"en","title":"Texas governor orders state agencies to sell China assets","url":"https://stock-news.laohu8.com/highlight/detail?id=2485352312","media":"Reuters","summary":"UPDATE 1-Texas governor orders state agencies to sell China assetsTexas Teachers, UTIMCO told to sell China stakesNews hurt Hong Kong market mood, broker saysAdds detail of some agencies and their China holdings, market reaction and stock broker quote in paragraphs 4-8","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>UPDATE 1-Texas governor orders state agencies to sell China assets</title></head><body><div><p>Texas Teachers, UTIMCO told to sell China stakes</p><p>News hurt Hong Kong market mood, broker says</p></div><p>Adds detail of some agencies and their China holdings, market reaction and stock broker quote in paragraphs 4-8</p><p>\n<span>SINGAPORE/HONG KONG, Nov 22 (Reuters)</span><span> - </span>The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of rising <span>U.S.-China tensions</span> starting to impact global capital flows.</p><p>In a letter to state agencies dated Nov. 21 and posted to his website, Republican Greg Abbott said \"belligerent actions\" of China's ruling Communist Party had increased risks to Texas' investments in China, and told investors to get out. </p><p>\"I direct Texas investing entities that you are prohibited from making any new investments of state funds in China. To the extent you have any current investments in China, you are required to divest at the first available opportunity,\" he said.</p><p>Texas has been taking an increasingly activist stance in its agencies' investments, having <span>previously restricted</span> public pension funds from doing business with Wall Street firms that have embraced environmental, social and governance principles.</p><p>Its state agencies include the Teacher Retirement System of Texas, which had $210.5 billion under management at the end of August, according to its annual report. </p><p>The TRS has roughly $1.4 billion exposure to Chinese yuan and Hong Kong dollar assets, and listed Tencent Holdings <span>0700.HK</span> as its 10th largest position, worth about $385 million at current prices.</p><p>Abbott's letter said he had told the University of Texas/Texas A&amp;M Investment Management Company (UTIMCO), which manages nearly $80 billion, to divest from China earlier this year.</p><p>Neither Texas Teachers nor UTIMCO responded immediately to a request for comment outside business hours. </p><p>Markets in China fell sharply on Friday, with the Shanghai Composite <span>.SSEC</span> down 3%. Tencent shares were about 2% lower in afternoon trade in Hong Kong, in line with the broader market.</p><p>Dealers said trade had been light in Hong Kong and sentiment already weak as Chinese authorities have disappointed expectations for economic stimulus, but that the news had added to the downbeat mood.</p><p>\"Even though we all know that there will be more and more policies against China from the U.S.... whenever there's any news like this, it will hit the sentiment here,\" said Steven Leung, executive director at brokerage UOB Kay Hian in Hong Kong.</p><p> (Reporting by Tom Westbrook in Singapore and Summer Zhen in Hong Kong. Additional reporting by Jiaxing Li in Hong Kong; Editing by Tom Hogue and Jan Harvey)</p><p> ((tom.westbrook@tr.com; +65 6973 8284;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Texas governor orders state agencies to sell China assets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTexas governor orders state agencies to sell China assets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-22 16:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>UPDATE 1-Texas governor orders state agencies to sell China assets</title></head><body><div><p>Texas Teachers, UTIMCO told to sell China stakes</p><p>News hurt Hong Kong market mood, broker says</p></div><p>Adds detail of some agencies and their China holdings, market reaction and stock broker quote in paragraphs 4-8</p><p>\n<span>SINGAPORE/HONG KONG, Nov 22 (Reuters)</span><span> - </span>The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of rising <span>U.S.-China tensions</span> starting to impact global capital flows.</p><p>In a letter to state agencies dated Nov. 21 and posted to his website, Republican Greg Abbott said \"belligerent actions\" of China's ruling Communist Party had increased risks to Texas' investments in China, and told investors to get out. </p><p>\"I direct Texas investing entities that you are prohibited from making any new investments of state funds in China. To the extent you have any current investments in China, you are required to divest at the first available opportunity,\" he said.</p><p>Texas has been taking an increasingly activist stance in its agencies' investments, having <span>previously restricted</span> public pension funds from doing business with Wall Street firms that have embraced environmental, social and governance principles.</p><p>Its state agencies include the Teacher Retirement System of Texas, which had $210.5 billion under management at the end of August, according to its annual report. </p><p>The TRS has roughly $1.4 billion exposure to Chinese yuan and Hong Kong dollar assets, and listed Tencent Holdings <span>0700.HK</span> as its 10th largest position, worth about $385 million at current prices.</p><p>Abbott's letter said he had told the University of Texas/Texas A&amp;M Investment Management Company (UTIMCO), which manages nearly $80 billion, to divest from China earlier this year.</p><p>Neither Texas Teachers nor UTIMCO responded immediately to a request for comment outside business hours. </p><p>Markets in China fell sharply on Friday, with the Shanghai Composite <span>.SSEC</span> down 3%. Tencent shares were about 2% lower in afternoon trade in Hong Kong, in line with the broader market.</p><p>Dealers said trade had been light in Hong Kong and sentiment already weak as Chinese authorities have disappointed expectations for economic stimulus, but that the news had added to the downbeat mood.</p><p>\"Even though we all know that there will be more and more policies against China from the U.S.... whenever there's any news like this, it will hit the sentiment here,\" said Steven Leung, executive director at brokerage UOB Kay Hian in Hong Kong.</p><p> (Reporting by Tom Westbrook in Singapore and Summer Zhen in Hong Kong. Additional reporting by Jiaxing Li in Hong Kong; Editing by Tom Hogue and Jan Harvey)</p><p> ((tom.westbrook@tr.com; +65 6973 8284;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"80700":"腾讯控股-R","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU0819123356.HKD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"AC\" (HKD) ACC","LU0314109678.HKD":"MANULIFE GF DRAGON GROWTH \"AA\" (HKD) INC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU0043850808.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AD\" INC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU0235996351.USD":"UBS (LUX) KEY SELECTION SICAV - ASIAN EQUITY (USD) \"P\" (USD) ACC","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","BK1531":"手游股","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","IE00B29SXG58.USD":"FSSA CHINA FOCUS \"I\" (USD) ACC","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","LU0328353924.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERGING MARKETS OPPORTUNITY (USD) \"P\" (USD) ACC","IE00B8HQ1Z84.USD":"BNY MELLON GLOBAL EMERGING MARKETS OPPORTUNITIES \"A\" (USD) ACC","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU0823413587.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) ACC","LU1770036033.HKD":"NINETY ONE GSF ASIAN EQUITY \"A\" (HKD) ACC","LU1282651048.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (USD) INC","SG9999002463.SGD":"LionGlobal China Growth SGD","LU0828238088.HKD":"SCHRODER ISF GLBL EMGNG MKT OPPS \"A\" (HKD) ACC","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","SG9999006597.SGD":"United China-India Dynamic Growth SGD","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","LU0791591158.USD":"ALLSPRING  EMERGING MARKTES EQUITY INCOME \"I\" (USD) ACC","00700":"腾讯控股","LU0499858438.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) INC","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","HTCD.SI":"Tencent HK SDR 10to1","LU0431992006.USD":"摩根大通新兴市场机会A（acc）","LU1328277881.USD":"MANULIFE GF DRAGON GROWTH FUND \"AA\" (USD) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","IE0008369823.USD":"FSSA HONG KONG GROWTH \"I\" ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU1282651121.HKD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (HKD) INC","TCEHY":"腾讯控股ADR","LU0315178854.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"A\" ACC","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","LU2251237306.USD":"TEMPLETON EMERGING MARKETS DYNAMIC INCOME \"A\" (USD) INC A","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241122:nL1N3MT07D:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2485352312","content_text":"UPDATE 1-Texas governor orders state agencies to sell China assetsTexas Teachers, UTIMCO told to sell China stakesNews hurt Hong Kong market mood, broker saysAdds detail of some agencies and their China holdings, market reaction and stock broker quote in paragraphs 4-8\nSINGAPORE/HONG KONG, Nov 22 (Reuters) - The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of rising U.S.-China tensions starting to impact global capital flows.In a letter to state agencies dated Nov. 21 and posted to his website, Republican Greg Abbott said \"belligerent actions\" of China's ruling Communist Party had increased risks to Texas' investments in China, and told investors to get out. \"I direct Texas investing entities that you are prohibited from making any new investments of state funds in China. To the extent you have any current investments in China, you are required to divest at the first available opportunity,\" he said.Texas has been taking an increasingly activist stance in its agencies' investments, having previously restricted public pension funds from doing business with Wall Street firms that have embraced environmental, social and governance principles.Its state agencies include the Teacher Retirement System of Texas, which had $210.5 billion under management at the end of August, according to its annual report. The TRS has roughly $1.4 billion exposure to Chinese yuan and Hong Kong dollar assets, and listed Tencent Holdings 0700.HK as its 10th largest position, worth about $385 million at current prices.Abbott's letter said he had told the University of Texas/Texas A&M Investment Management Company (UTIMCO), which manages nearly $80 billion, to divest from China earlier this year.Neither Texas Teachers nor UTIMCO responded immediately to a request for comment outside business hours. Markets in China fell sharply on Friday, with the Shanghai Composite .SSEC down 3%. Tencent shares were about 2% lower in afternoon trade in Hong Kong, in line with the broader market.Dealers said trade had been light in Hong Kong and sentiment already weak as Chinese authorities have disappointed expectations for economic stimulus, but that the news had added to the downbeat mood.\"Even though we all know that there will be more and more policies against China from the U.S.... whenever there's any news like this, it will hit the sentiment here,\" said Steven Leung, executive director at brokerage UOB Kay Hian in Hong Kong. (Reporting by Tom Westbrook in Singapore and Summer Zhen in Hong Kong. Additional reporting by Jiaxing Li in Hong Kong; Editing by Tom Hogue and Jan Harvey) ((tom.westbrook@tr.com; +65 6973 8284;))","news_type":1,"symbols_score_info":{"80700":0.6,"HTCD.SI":0.6,"TCEHY":0.6,"00700":0.9}},"isVote":1,"tweetType":1,"viewCount":1858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373587502981376,"gmtCreate":1732247754143,"gmtModify":1732248492405,"author":{"id":"3563927523174345","authorId":"3563927523174345","name":"balim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563927523174345","idStr":"3563927523174345"},"themes":[],"htmlText":"Most useless stock to invest in. Why bother to monitor this stock! There are many many other excellent stocks to invest in.&nbsp;","listText":"Most useless stock to invest in. Why bother to monitor this stock! There are many many other excellent stocks to invest in.&nbsp;","text":"Most useless stock to invest in. Why bother to monitor this stock! There are many many other excellent stocks to invest in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373587502981376","repostId":"2485414388","repostType":2,"isVote":1,"tweetType":1,"viewCount":1938,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373587089744016,"gmtCreate":1732247650516,"gmtModify":1732248492525,"author":{"id":"3563927523174345","authorId":"3563927523174345","name":"balim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563927523174345","idStr":"3563927523174345"},"themes":[],"htmlText":"Most useless stock to invest. Just ignore! There are many many other excellent stocks to invest in.&nbsp;","listText":"Most useless stock to invest. Just ignore! There are many many other excellent stocks to invest in.&nbsp;","text":"Most useless stock to invest. Just ignore! There are many many other excellent stocks to invest in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373587089744016","repostId":"1177485186","repostType":2,"repost":{"id":"1177485186","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1732182905,"share":"https://ttm.financial/m/news/1177485186?lang=en_US&edition=fundamental","pubTime":"2024-11-21 17:55","market":"hk","language":"en","title":"Alibaba Integrates E-Commerce Platforms into a Single Business Unit","url":"https://stock-news.laohu8.com/highlight/detail?id=1177485186","media":"Reuters","summary":"SHANGHAI, Nov 21  - Alibaba Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday.It marks the first time the group's domestic Chinese e-commerce group and its international e-commerce platforms will be integrated.Alibaba shares turned positive in premarket trading.The new group brings together the Taobao and Tmall Group and the Alibaba International Digital Commerce  Gro","content":"<html><head></head><body><p>SHANGHAI, Nov 21 (Reuters) - Alibaba Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday.</p><p>It marks the first time the group&#39;s domestic Chinese e-commerce group and its international e-commerce platforms will be integrated.</p><p>Alibaba shares turned positive in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5477bc0266154e2ee3c0b865333db34\" title=\"\" tg-width=\"875\" tg-height=\"627\"/></p><p>The new group brings together the Taobao and Tmall Group and the Alibaba International Digital Commerce (AIDC) Group - which operated platforms including cross-border player AliExpress and wholesale B2B site Alibaba.com, in addition to second-hand platform Xianyu.</p><p>AIDC chief Jiang Fan, a former head of Tmall who was demoted in 2020 following an online scandal, has been tapped to lead the new unit. He will report to Alibaba Group CEO Eddie Wu.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Integrates E-Commerce Platforms into a Single Business Unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Integrates E-Commerce Platforms into a Single Business Unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-21 17:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SHANGHAI, Nov 21 (Reuters) - Alibaba Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday.</p><p>It marks the first time the group&#39;s domestic Chinese e-commerce group and its international e-commerce platforms will be integrated.</p><p>Alibaba shares turned positive in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5477bc0266154e2ee3c0b865333db34\" title=\"\" tg-width=\"875\" tg-height=\"627\"/></p><p>The new group brings together the Taobao and Tmall Group and the Alibaba International Digital Commerce (AIDC) Group - which operated platforms including cross-border player AliExpress and wholesale B2B site Alibaba.com, in addition to second-hand platform Xianyu.</p><p>AIDC chief Jiang Fan, a former head of Tmall who was demoted in 2020 following an online scandal, has been tapped to lead the new unit. He will report to Alibaba Group CEO Eddie Wu.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177485186","content_text":"SHANGHAI, Nov 21 (Reuters) - Alibaba Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday.It marks the first time the group's domestic Chinese e-commerce group and its international e-commerce platforms will be integrated.Alibaba shares turned positive in premarket trading.The new group brings together the Taobao and Tmall Group and the Alibaba International Digital Commerce (AIDC) Group - which operated platforms including cross-border player AliExpress and wholesale B2B site Alibaba.com, in addition to second-hand platform Xianyu.AIDC chief Jiang Fan, a former head of Tmall who was demoted in 2020 following an online scandal, has been tapped to lead the new unit. He will report to Alibaba Group CEO Eddie Wu.","news_type":1,"symbols_score_info":{"BABA":1.1,"09988":1.1}},"isVote":1,"tweetType":1,"viewCount":2244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372853221626088,"gmtCreate":1732071288354,"gmtModify":1732071432642,"author":{"id":"3563927523174345","authorId":"3563927523174345","name":"balim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563927523174345","idStr":"3563927523174345"},"themes":[],"htmlText":"The most useless stock!","listText":"The most useless stock!","text":"The most useless stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372853221626088","repostId":"2484753619","repostType":2,"isVote":1,"tweetType":1,"viewCount":2182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":373587502981376,"gmtCreate":1732247754143,"gmtModify":1732248492405,"author":{"id":"3563927523174345","authorId":"3563927523174345","name":"balim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563927523174345","idStr":"3563927523174345"},"themes":[],"htmlText":"Most useless stock to invest in. Why bother to monitor this stock! There are many many other excellent stocks to invest in.&nbsp;","listText":"Most useless stock to invest in. Why bother to monitor this stock! There are many many other excellent stocks to invest in.&nbsp;","text":"Most useless stock to invest in. Why bother to monitor this stock! There are many many other excellent stocks to invest in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373587502981376","repostId":"2485414388","repostType":2,"isVote":1,"tweetType":1,"viewCount":1938,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373587089744016,"gmtCreate":1732247650516,"gmtModify":1732248492525,"author":{"id":"3563927523174345","authorId":"3563927523174345","name":"balim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563927523174345","idStr":"3563927523174345"},"themes":[],"htmlText":"Most useless stock to invest. Just ignore! There are many many other excellent stocks to invest in.&nbsp;","listText":"Most useless stock to invest. Just ignore! There are many many other excellent stocks to invest in.&nbsp;","text":"Most useless stock to invest. Just ignore! There are many many other excellent stocks to invest in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373587089744016","repostId":"1177485186","repostType":2,"repost":{"id":"1177485186","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1732182905,"share":"https://ttm.financial/m/news/1177485186?lang=en_US&edition=fundamental","pubTime":"2024-11-21 17:55","market":"hk","language":"en","title":"Alibaba Integrates E-Commerce Platforms into a Single Business Unit","url":"https://stock-news.laohu8.com/highlight/detail?id=1177485186","media":"Reuters","summary":"SHANGHAI, Nov 21  - Alibaba Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday.It marks the first time the group's domestic Chinese e-commerce group and its international e-commerce platforms will be integrated.Alibaba shares turned positive in premarket trading.The new group brings together the Taobao and Tmall Group and the Alibaba International Digital Commerce  Gro","content":"<html><head></head><body><p>SHANGHAI, Nov 21 (Reuters) - Alibaba Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday.</p><p>It marks the first time the group&#39;s domestic Chinese e-commerce group and its international e-commerce platforms will be integrated.</p><p>Alibaba shares turned positive in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5477bc0266154e2ee3c0b865333db34\" title=\"\" tg-width=\"875\" tg-height=\"627\"/></p><p>The new group brings together the Taobao and Tmall Group and the Alibaba International Digital Commerce (AIDC) Group - which operated platforms including cross-border player AliExpress and wholesale B2B site Alibaba.com, in addition to second-hand platform Xianyu.</p><p>AIDC chief Jiang Fan, a former head of Tmall who was demoted in 2020 following an online scandal, has been tapped to lead the new unit. He will report to Alibaba Group CEO Eddie Wu.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Integrates E-Commerce Platforms into a Single Business Unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Integrates E-Commerce Platforms into a Single Business Unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-21 17:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SHANGHAI, Nov 21 (Reuters) - Alibaba Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday.</p><p>It marks the first time the group&#39;s domestic Chinese e-commerce group and its international e-commerce platforms will be integrated.</p><p>Alibaba shares turned positive in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5477bc0266154e2ee3c0b865333db34\" title=\"\" tg-width=\"875\" tg-height=\"627\"/></p><p>The new group brings together the Taobao and Tmall Group and the Alibaba International Digital Commerce (AIDC) Group - which operated platforms including cross-border player AliExpress and wholesale B2B site Alibaba.com, in addition to second-hand platform Xianyu.</p><p>AIDC chief Jiang Fan, a former head of Tmall who was demoted in 2020 following an online scandal, has been tapped to lead the new unit. He will report to Alibaba Group CEO Eddie Wu.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177485186","content_text":"SHANGHAI, Nov 21 (Reuters) - Alibaba Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday.It marks the first time the group's domestic Chinese e-commerce group and its international e-commerce platforms will be integrated.Alibaba shares turned positive in premarket trading.The new group brings together the Taobao and Tmall Group and the Alibaba International Digital Commerce (AIDC) Group - which operated platforms including cross-border player AliExpress and wholesale B2B site Alibaba.com, in addition to second-hand platform Xianyu.AIDC chief Jiang Fan, a former head of Tmall who was demoted in 2020 following an online scandal, has been tapped to lead the new unit. He will report to Alibaba Group CEO Eddie Wu.","news_type":1,"symbols_score_info":{"BABA":1.1,"09988":1.1}},"isVote":1,"tweetType":1,"viewCount":2244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373787976347752,"gmtCreate":1732266190348,"gmtModify":1732266839002,"author":{"id":"3563927523174345","authorId":"3563927523174345","name":"balim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563927523174345","idStr":"3563927523174345"},"themes":[],"htmlText":"Hang Seng is doomed!","listText":"Hang Seng is doomed!","text":"Hang Seng is doomed!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373787976347752","repostId":"2485352312","repostType":2,"repost":{"id":"2485352312","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1732265050,"share":"https://ttm.financial/m/news/2485352312?lang=en_US&edition=fundamental","pubTime":"2024-11-22 16:44","market":"us","language":"en","title":"Texas governor orders state agencies to sell China assets","url":"https://stock-news.laohu8.com/highlight/detail?id=2485352312","media":"Reuters","summary":"UPDATE 1-Texas governor orders state agencies to sell China assetsTexas Teachers, UTIMCO told to sell China stakesNews hurt Hong Kong market mood, broker saysAdds detail of some agencies and their China holdings, market reaction and stock broker quote in paragraphs 4-8","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>UPDATE 1-Texas governor orders state agencies to sell China assets</title></head><body><div><p>Texas Teachers, UTIMCO told to sell China stakes</p><p>News hurt Hong Kong market mood, broker says</p></div><p>Adds detail of some agencies and their China holdings, market reaction and stock broker quote in paragraphs 4-8</p><p>\n<span>SINGAPORE/HONG KONG, Nov 22 (Reuters)</span><span> - </span>The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of rising <span>U.S.-China tensions</span> starting to impact global capital flows.</p><p>In a letter to state agencies dated Nov. 21 and posted to his website, Republican Greg Abbott said \"belligerent actions\" of China's ruling Communist Party had increased risks to Texas' investments in China, and told investors to get out. </p><p>\"I direct Texas investing entities that you are prohibited from making any new investments of state funds in China. To the extent you have any current investments in China, you are required to divest at the first available opportunity,\" he said.</p><p>Texas has been taking an increasingly activist stance in its agencies' investments, having <span>previously restricted</span> public pension funds from doing business with Wall Street firms that have embraced environmental, social and governance principles.</p><p>Its state agencies include the Teacher Retirement System of Texas, which had $210.5 billion under management at the end of August, according to its annual report. </p><p>The TRS has roughly $1.4 billion exposure to Chinese yuan and Hong Kong dollar assets, and listed Tencent Holdings <span>0700.HK</span> as its 10th largest position, worth about $385 million at current prices.</p><p>Abbott's letter said he had told the University of Texas/Texas A&amp;M Investment Management Company (UTIMCO), which manages nearly $80 billion, to divest from China earlier this year.</p><p>Neither Texas Teachers nor UTIMCO responded immediately to a request for comment outside business hours. </p><p>Markets in China fell sharply on Friday, with the Shanghai Composite <span>.SSEC</span> down 3%. Tencent shares were about 2% lower in afternoon trade in Hong Kong, in line with the broader market.</p><p>Dealers said trade had been light in Hong Kong and sentiment already weak as Chinese authorities have disappointed expectations for economic stimulus, but that the news had added to the downbeat mood.</p><p>\"Even though we all know that there will be more and more policies against China from the U.S.... whenever there's any news like this, it will hit the sentiment here,\" said Steven Leung, executive director at brokerage UOB Kay Hian in Hong Kong.</p><p> (Reporting by Tom Westbrook in Singapore and Summer Zhen in Hong Kong. Additional reporting by Jiaxing Li in Hong Kong; Editing by Tom Hogue and Jan Harvey)</p><p> ((tom.westbrook@tr.com; +65 6973 8284;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Texas governor orders state agencies to sell China assets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTexas governor orders state agencies to sell China assets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-22 16:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>UPDATE 1-Texas governor orders state agencies to sell China assets</title></head><body><div><p>Texas Teachers, UTIMCO told to sell China stakes</p><p>News hurt Hong Kong market mood, broker says</p></div><p>Adds detail of some agencies and their China holdings, market reaction and stock broker quote in paragraphs 4-8</p><p>\n<span>SINGAPORE/HONG KONG, Nov 22 (Reuters)</span><span> - </span>The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of rising <span>U.S.-China tensions</span> starting to impact global capital flows.</p><p>In a letter to state agencies dated Nov. 21 and posted to his website, Republican Greg Abbott said \"belligerent actions\" of China's ruling Communist Party had increased risks to Texas' investments in China, and told investors to get out. </p><p>\"I direct Texas investing entities that you are prohibited from making any new investments of state funds in China. To the extent you have any current investments in China, you are required to divest at the first available opportunity,\" he said.</p><p>Texas has been taking an increasingly activist stance in its agencies' investments, having <span>previously restricted</span> public pension funds from doing business with Wall Street firms that have embraced environmental, social and governance principles.</p><p>Its state agencies include the Teacher Retirement System of Texas, which had $210.5 billion under management at the end of August, according to its annual report. </p><p>The TRS has roughly $1.4 billion exposure to Chinese yuan and Hong Kong dollar assets, and listed Tencent Holdings <span>0700.HK</span> as its 10th largest position, worth about $385 million at current prices.</p><p>Abbott's letter said he had told the University of Texas/Texas A&amp;M Investment Management Company (UTIMCO), which manages nearly $80 billion, to divest from China earlier this year.</p><p>Neither Texas Teachers nor UTIMCO responded immediately to a request for comment outside business hours. </p><p>Markets in China fell sharply on Friday, with the Shanghai Composite <span>.SSEC</span> down 3%. Tencent shares were about 2% lower in afternoon trade in Hong Kong, in line with the broader market.</p><p>Dealers said trade had been light in Hong Kong and sentiment already weak as Chinese authorities have disappointed expectations for economic stimulus, but that the news had added to the downbeat mood.</p><p>\"Even though we all know that there will be more and more policies against China from the U.S.... whenever there's any news like this, it will hit the sentiment here,\" said Steven Leung, executive director at brokerage UOB Kay Hian in Hong Kong.</p><p> (Reporting by Tom Westbrook in Singapore and Summer Zhen in Hong Kong. Additional reporting by Jiaxing Li in Hong Kong; Editing by Tom Hogue and Jan Harvey)</p><p> ((tom.westbrook@tr.com; +65 6973 8284;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"80700":"腾讯控股-R","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU0819123356.HKD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"AC\" (HKD) ACC","LU0314109678.HKD":"MANULIFE GF DRAGON GROWTH \"AA\" (HKD) INC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU0043850808.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AD\" INC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU0235996351.USD":"UBS (LUX) KEY SELECTION SICAV - ASIAN EQUITY (USD) \"P\" (USD) ACC","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","BK1531":"手游股","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","IE00B29SXG58.USD":"FSSA CHINA FOCUS \"I\" (USD) ACC","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","LU0328353924.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERGING MARKETS OPPORTUNITY (USD) \"P\" (USD) ACC","IE00B8HQ1Z84.USD":"BNY MELLON GLOBAL EMERGING MARKETS OPPORTUNITIES \"A\" (USD) ACC","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU0823413587.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) ACC","LU1770036033.HKD":"NINETY ONE GSF ASIAN EQUITY \"A\" (HKD) ACC","LU1282651048.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (USD) INC","SG9999002463.SGD":"LionGlobal China Growth SGD","LU0828238088.HKD":"SCHRODER ISF GLBL EMGNG MKT OPPS \"A\" (HKD) ACC","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","SG9999006597.SGD":"United China-India Dynamic Growth SGD","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","LU0791591158.USD":"ALLSPRING  EMERGING MARKTES EQUITY INCOME \"I\" (USD) ACC","00700":"腾讯控股","LU0499858438.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) INC","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","HTCD.SI":"Tencent HK SDR 10to1","LU0431992006.USD":"摩根大通新兴市场机会A（acc）","LU1328277881.USD":"MANULIFE GF DRAGON GROWTH FUND \"AA\" (USD) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","IE0008369823.USD":"FSSA HONG KONG GROWTH \"I\" ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU1282651121.HKD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (HKD) INC","TCEHY":"腾讯控股ADR","LU0315178854.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"A\" ACC","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","LU2251237306.USD":"TEMPLETON EMERGING MARKETS DYNAMIC INCOME \"A\" (USD) INC A","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241122:nL1N3MT07D:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2485352312","content_text":"UPDATE 1-Texas governor orders state agencies to sell China assetsTexas Teachers, UTIMCO told to sell China stakesNews hurt Hong Kong market mood, broker saysAdds detail of some agencies and their China holdings, market reaction and stock broker quote in paragraphs 4-8\nSINGAPORE/HONG KONG, Nov 22 (Reuters) - The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of rising U.S.-China tensions starting to impact global capital flows.In a letter to state agencies dated Nov. 21 and posted to his website, Republican Greg Abbott said \"belligerent actions\" of China's ruling Communist Party had increased risks to Texas' investments in China, and told investors to get out. \"I direct Texas investing entities that you are prohibited from making any new investments of state funds in China. To the extent you have any current investments in China, you are required to divest at the first available opportunity,\" he said.Texas has been taking an increasingly activist stance in its agencies' investments, having previously restricted public pension funds from doing business with Wall Street firms that have embraced environmental, social and governance principles.Its state agencies include the Teacher Retirement System of Texas, which had $210.5 billion under management at the end of August, according to its annual report. The TRS has roughly $1.4 billion exposure to Chinese yuan and Hong Kong dollar assets, and listed Tencent Holdings 0700.HK as its 10th largest position, worth about $385 million at current prices.Abbott's letter said he had told the University of Texas/Texas A&M Investment Management Company (UTIMCO), which manages nearly $80 billion, to divest from China earlier this year.Neither Texas Teachers nor UTIMCO responded immediately to a request for comment outside business hours. Markets in China fell sharply on Friday, with the Shanghai Composite .SSEC down 3%. Tencent shares were about 2% lower in afternoon trade in Hong Kong, in line with the broader market.Dealers said trade had been light in Hong Kong and sentiment already weak as Chinese authorities have disappointed expectations for economic stimulus, but that the news had added to the downbeat mood.\"Even though we all know that there will be more and more policies against China from the U.S.... whenever there's any news like this, it will hit the sentiment here,\" said Steven Leung, executive director at brokerage UOB Kay Hian in Hong Kong. (Reporting by Tom Westbrook in Singapore and Summer Zhen in Hong Kong. Additional reporting by Jiaxing Li in Hong Kong; Editing by Tom Hogue and Jan Harvey) ((tom.westbrook@tr.com; +65 6973 8284;))","news_type":1,"symbols_score_info":{"80700":0.6,"HTCD.SI":0.6,"TCEHY":0.6,"00700":0.9}},"isVote":1,"tweetType":1,"viewCount":1858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372853221626088,"gmtCreate":1732071288354,"gmtModify":1732071432642,"author":{"id":"3563927523174345","authorId":"3563927523174345","name":"balim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563927523174345","idStr":"3563927523174345"},"themes":[],"htmlText":"The most useless stock!","listText":"The most useless stock!","text":"The most useless stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372853221626088","repostId":"2484753619","repostType":2,"isVote":1,"tweetType":1,"viewCount":2182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}