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JosesSim
JosesSim
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2021-09-02
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JosesSim
JosesSim
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2021-08-05
Interesting
Uber, Lyft Drive Investors Away
Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to co
Uber, Lyft Drive Investors Away
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JosesSim
JosesSim
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2021-08-05
To the moon
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JosesSim
JosesSim
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2021-08-04
$SoFi Technologies Inc.(SOFI)$
It’s about time?
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JosesSim
JosesSim
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2021-07-28
Nice
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JosesSim
JosesSim
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2021-07-27
Nice
Reckitt second-quarter sales rise 2.2%, miss estimates
July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarte
Reckitt second-quarter sales rise 2.2%, miss estimates
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JosesSim
JosesSim
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2021-07-27
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JosesSim
JosesSim
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2021-07-15
Fantastic
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JosesSim
JosesSim
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2021-07-14
Nice
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JosesSim
JosesSim
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2021-07-13
Cool
China shares end higher on consumer boost after strong export data
* Shanghai Composite index +0.53%; CSI300 +0.18 * Consumer shares help CSI300 to shake off weakness
China shares end higher on consumer boost after strong export data
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Interesting","listText":" Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899170071","repostId":"1151835705","repostType":4,"repost":{"id":"1151835705","kind":"news","pubTimestamp":1628168917,"share":"https://ttm.financial/m/news/1151835705?lang=en_US&edition=fundamental","pubTime":"2021-08-05 21:08","market":"us","language":"en","title":"Uber, Lyft Drive Investors Away","url":"https://stock-news.laohu8.com/highlight/detail?id=1151835705","media":"The Wall Street Journal","summary":"Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to co","content":"<blockquote>\n Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to compete for the same drivers.\n</blockquote>\n<p>Is the optimal strategy in ride-hailing growth or profits? Investors can’t have it both ways.</p>\n<p>AfterLyftLYFT-10.56%said it achieved profitability on the basis of adjusted earnings before interest, taxes, depreciation and amortization on Tuesday, Uber said Wednesday that its losses deepened sequentially on that basis as it made investments in driver recovery. Shares of Lyft fell more than 9% the day after its report while Uber’s shares fell 8% in after-hours trading immediately following the release of itssecond quarter results.</p>\n<p>Investors have become uncomfortable with ride-hailing companies paying dearly to compete for the same riders as they work to grow their market share. Now they arepaying to compete for the same driversas theywork to rebuild their supplyafter the pandemic decimated ride-hailing demand.</p>\n<p>They may not be investing equally. Lyft said it significantly increased its investments in incentives and sign-on bonuses to boost its driver base in the second quarter, expecting elevated incentives to continue into the third quarter. But Uber appears to have been more aggressive. While the company reported overall revenue that beat Wall Street’s estimate, it also lost 58% more than analysts had forecast on an adjusted Ebitda basis.</p>\n<p>At this point, it is still unclear which company’s investment strategy is yielding the most bang for its buck. Lyft said its rideshare rides in the second quarter were still “well below” the levels reached in the fourth quarter of 2019. While not a perfect comparison, Uber’s second quarter trips—a reflection of both supply and demand—were down just over 20% from the same period.</p>\n<p><img src=\"https://static.tigerbbs.com/7f98a2ba57a4b018b3db0d420b862bc4\" tg-width=\"338\" tg-height=\"422\" width=\"100%\" height=\"auto\">Lyft’s results show its active riders were still down more than 21% in the second quarter from the same period in 2019. The company also said its sales and marketing expenses as a percentage of revenue in the second quarter were near record lows. This is in part a reflection of its depressed driver count: It isn’t worth over-spending to acquire customers you can’t even service. By contrast, Uber was able to grow its monthly active platform consumers in the second quarter relative to the same period two years ago.</p>\n<p>While Lyft was clear this week that it likes its chances as a ride-hailing pure play, Uber continued to stress its unique value proposition marrying consumers’ ride-hailing and food-delivery needs, noting cross-pollination. Investors will now need to place their bets on which strategy will emerge from the pandemic in a more sustainable position.</p>\n<p>Uber’s Chief Executive Officer Dara Khosrowshahi has said its mobility business has been an even more effective customer acquisition tool for its delivery business than dollars spent on delivery marketing. On Wednesday the company said its consumers who engage with both its mobility and its delivery businesses are now generating nearly half of its overall gross bookings, implying significant customer crossover.</p>\n<p>But a leaner business might be easier to control. While Uber continues to expect it won’t turn a profit, even on an adjusted Ebitda basis, until the fourth quarter of this year,Lyft was able to do soearlier, in part by pulling harder on simple levers. The company said revenue per ride increased 7% sequentially in the second quarter, counteracting still depressed ride volume due to driver shortages. Both companies have raised prices on U.S. ride-hailing transactions amid the pandemic. But fresh Edison Trends data show for the week ended July 19, Uber’s consumers spent 24% more on transactions than they did the comparable week last year, while Lyft’s consumers spent 35% more.</p>\n<p>It is worth noting that, while Lyft has boasted about its ability to achieve so-called profits, it also clearly defined itself on a conference call Tuesday as “a growth company.” All in, its net loss still totaled hundreds of millions in the second quarter, although it narrowed. Meanwhile, Uber seems confident it has found a path to near-term profitability, but it is unclear to what degree further investments in new drivers will be needed as consumer demand continues to improve.</p>\n<p>Especially with the Covid-19 Delta variant continuing to spread, investors looking to bank on either strategy today may be left waiting for a ride.</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>Uber, Lyft Drive Investors Away</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\">\nUber, Lyft Drive Investors Away\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 21:08 GMT+8 <a href=https://www.wsj.com/articles/uber-lyft-drive-investors-away-11628115638?mod=markets_lead_pos12><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to compete for the same drivers.\n\nIs the optimal strategy in ride-hailing growth or profits? Investors ...</p>\n\n<a href=\"https://www.wsj.com/articles/uber-lyft-drive-investors-away-11628115638?mod=markets_lead_pos12\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"source_url":"https://www.wsj.com/articles/uber-lyft-drive-investors-away-11628115638?mod=markets_lead_pos12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151835705","content_text":"Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to compete for the same drivers.\n\nIs the optimal strategy in ride-hailing growth or profits? Investors can’t have it both ways.\nAfterLyftLYFT-10.56%said it achieved profitability on the basis of adjusted earnings before interest, taxes, depreciation and amortization on Tuesday, Uber said Wednesday that its losses deepened sequentially on that basis as it made investments in driver recovery. Shares of Lyft fell more than 9% the day after its report while Uber’s shares fell 8% in after-hours trading immediately following the release of itssecond quarter results.\nInvestors have become uncomfortable with ride-hailing companies paying dearly to compete for the same riders as they work to grow their market share. Now they arepaying to compete for the same driversas theywork to rebuild their supplyafter the pandemic decimated ride-hailing demand.\nThey may not be investing equally. Lyft said it significantly increased its investments in incentives and sign-on bonuses to boost its driver base in the second quarter, expecting elevated incentives to continue into the third quarter. But Uber appears to have been more aggressive. While the company reported overall revenue that beat Wall Street’s estimate, it also lost 58% more than analysts had forecast on an adjusted Ebitda basis.\nAt this point, it is still unclear which company’s investment strategy is yielding the most bang for its buck. Lyft said its rideshare rides in the second quarter were still “well below” the levels reached in the fourth quarter of 2019. While not a perfect comparison, Uber’s second quarter trips—a reflection of both supply and demand—were down just over 20% from the same period.\nLyft’s results show its active riders were still down more than 21% in the second quarter from the same period in 2019. The company also said its sales and marketing expenses as a percentage of revenue in the second quarter were near record lows. This is in part a reflection of its depressed driver count: It isn’t worth over-spending to acquire customers you can’t even service. By contrast, Uber was able to grow its monthly active platform consumers in the second quarter relative to the same period two years ago.\nWhile Lyft was clear this week that it likes its chances as a ride-hailing pure play, Uber continued to stress its unique value proposition marrying consumers’ ride-hailing and food-delivery needs, noting cross-pollination. Investors will now need to place their bets on which strategy will emerge from the pandemic in a more sustainable position.\nUber’s Chief Executive Officer Dara Khosrowshahi has said its mobility business has been an even more effective customer acquisition tool for its delivery business than dollars spent on delivery marketing. On Wednesday the company said its consumers who engage with both its mobility and its delivery businesses are now generating nearly half of its overall gross bookings, implying significant customer crossover.\nBut a leaner business might be easier to control. While Uber continues to expect it won’t turn a profit, even on an adjusted Ebitda basis, until the fourth quarter of this year,Lyft was able to do soearlier, in part by pulling harder on simple levers. The company said revenue per ride increased 7% sequentially in the second quarter, counteracting still depressed ride volume due to driver shortages. Both companies have raised prices on U.S. ride-hailing transactions amid the pandemic. But fresh Edison Trends data show for the week ended July 19, Uber’s consumers spent 24% more on transactions than they did the comparable week last year, while Lyft’s consumers spent 35% more.\nIt is worth noting that, while Lyft has boasted about its ability to achieve so-called profits, it also clearly defined itself on a conference call Tuesday as “a growth company.” All in, its net loss still totaled hundreds of millions in the second quarter, although it narrowed. Meanwhile, Uber seems confident it has found a path to near-term profitability, but it is unclear to what degree further investments in new drivers will be needed as consumer demand continues to improve.\nEspecially with the Covid-19 Delta variant continuing to spread, investors looking to bank on either strategy today may be left waiting for a ride.","news_type":1,"symbols_score_info":{"LYFT":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":4656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899144485,"gmtCreate":1628171322047,"gmtModify":1703502515138,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579481478181513","idStr":"3579481478181513"},"themes":[],"title":"","htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/899144485","repostId":"1158295123","repostType":4,"isVote":1,"tweetType":1,"viewCount":7524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890174248,"gmtCreate":1628089031884,"gmtModify":1703501095997,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579481478181513","idStr":"3579481478181513"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>It’s about time?","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>It’s about time?","text":"$SoFi Technologies Inc.(SOFI)$It’s about 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14:19","market":"us","language":"en","title":"Reckitt second-quarter sales rise 2.2%, miss estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1140254902","media":"Reuters","summary":"July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarte","content":"<p>July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarter sales on Tuesday, as demand eased for its soaps and cold remedies and the company backed its full-year outlook.</p>\n<p>The company reported a 2.2% rise in like-for-like sales for the three months ended June 30, lower than the 2.3% growth analysts had expected, according to a company-supplied consensus.</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 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.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\">\nReckitt second-quarter sales rise 2.2%, miss estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 14:19 GMT+8 <a href=https://www.reuters.com/article/reckitt-benc-grp-results/reckitt-second-quarter-sales-rise-2-2-miss-estimates-idUSL4N2P317W><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarter sales on Tuesday, as demand eased for its soaps and cold remedies and the company backed its full-...</p>\n\n<a href=\"https://www.reuters.com/article/reckitt-benc-grp-results/reckitt-second-quarter-sales-rise-2-2-miss-estimates-idUSL4N2P317W\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBGLY":"Reckitt Benckiser Group Plc."},"source_url":"https://www.reuters.com/article/reckitt-benc-grp-results/reckitt-second-quarter-sales-rise-2-2-miss-estimates-idUSL4N2P317W","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140254902","content_text":"July 27 (Reuters) - Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarter sales on Tuesday, as demand eased for its soaps and cold remedies and the company backed its full-year outlook.\nThe company reported a 2.2% rise in like-for-like sales for the three months ended June 30, lower than the 2.3% growth analysts had expected, according to a company-supplied consensus.","news_type":1,"symbols_score_info":{"RBGLY":0.9}},"isVote":1,"tweetType":1,"viewCount":5131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809672930,"gmtCreate":1627369612820,"gmtModify":1703488535513,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579481478181513","idStr":"3579481478181513"},"themes":[],"title":"","htmlText":"Like and comment","listText":"Like and 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","text":"Fantastic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147127641","repostId":"2151351711","repostType":2,"isVote":1,"tweetType":1,"viewCount":4611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144399106,"gmtCreate":1626266171305,"gmtModify":1703756641465,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579481478181513","idStr":"3579481478181513"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144399106","repostId":"1132348176","repostType":4,"isVote":1,"tweetType":1,"viewCount":5014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142548975,"gmtCreate":1626164122497,"gmtModify":1703754611648,"author":{"id":"3579481478181513","authorId":"3579481478181513","name":"JosesSim","avatar":"https://static.tigerbbs.com/853019efea44fd1496df9ca6c8c210cc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579481478181513","idStr":"3579481478181513"},"themes":[],"title":"","htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142548975","repostId":"2151554537","repostType":4,"repost":{"id":"2151554537","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626161561,"share":"https://ttm.financial/m/news/2151554537?lang=en_US&edition=fundamental","pubTime":"2021-07-13 15:32","market":"sh","language":"en","title":"China shares end higher on consumer boost after strong export data","url":"https://stock-news.laohu8.com/highlight/detail?id=2151554537","media":"Reuters","summary":"* Shanghai Composite index +0.53%; CSI300 +0.18\n* Consumer shares help CSI300 to shake off weakness\n","content":"<p>* Shanghai Composite index +0.53%; CSI300 +0.18</p>\n<p>* Consumer shares help CSI300 to shake off weakness</p>\n<p>* Export data shows faster-than-expected growth in June</p>\n<p>SHANGHAI, July 13 (Reuters) - China's blue-chips closed higher on Tuesday, supported by strong gains in consumer staples firms, as new data showed the country's exports grew at a much faster-than-expected pace in June on recovering global demand.</p>\n<p>** Easing global lockdown measures drove China's June exports to grow much faster, and import growth also beat expectations, customs data showed on Tuesday.</p>\n<p>** At the close, the Shanghai Composite index was up 0.53% at 3,566.52.</p>\n<p>** The blue-chip CSI300 index shook off earlier weakness to end up 0.18%, with the consumer staples sector jumping 1.8%, the real estate index up 0.2% and the healthcare sub-index up 0.21%.</p>\n<p>** The small gains extended a rally that pushed the CSI300 1.25% higher on Monday, after the central bank said it would cut banks' reserve requirement ratios <a href=\"https://laohu8.com/S/RRR\">$(RRR)$</a> from July 15.</p>\n<p>** In a commentary on Tuesday, a former People's Bank of China official said the RRR cut could help authorities to deal with shifts in U.S. monetary policy and may relieve future downward pressure on the yuan, while noting that China's recovery remains imbalanced.</p>\n<p>** Refinitiv data showed robust buying by foreign investors, with Northbound Stock Connect flows totalling 5.72 billion yuan ($884.81 million) on the day.</p>\n<p>** The smaller Shenzhen index ended up 0.25% and the start-up board ChiNext Composite index was weaker by 0.56%.</p>\n<p>** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.89%, while Japan's Nikkei index closed up 0.52%.</p>\n<p>** The yuan was quoted at 6.4651 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.</p>\n<p>** So far this year, the Shanghai stock index is up 2.7% and the CSI300 has fallen 1.3%, while China's H-share index listed in Hong Kong is down 5.9%. Shanghai stocks have declined 0.69% this month.</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>China shares end higher on consumer boost after strong export data</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; 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}\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\">\nChina shares end higher on consumer boost after strong export data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-13 15:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Shanghai Composite index +0.53%; CSI300 +0.18</p>\n<p>* Consumer shares help CSI300 to shake off weakness</p>\n<p>* Export data shows faster-than-expected growth in June</p>\n<p>SHANGHAI, July 13 (Reuters) - China's blue-chips closed higher on Tuesday, supported by strong gains in consumer staples firms, as new data showed the country's exports grew at a much faster-than-expected pace in June on recovering global demand.</p>\n<p>** Easing global lockdown measures drove China's June exports to grow much faster, and import growth also beat expectations, customs data showed on Tuesday.</p>\n<p>** At the close, the Shanghai Composite index was up 0.53% at 3,566.52.</p>\n<p>** The blue-chip CSI300 index shook off earlier weakness to end up 0.18%, with the consumer staples sector jumping 1.8%, the real estate index up 0.2% and the healthcare sub-index up 0.21%.</p>\n<p>** The small gains extended a rally that pushed the CSI300 1.25% higher on Monday, after the central bank said it would cut banks' reserve requirement ratios <a href=\"https://laohu8.com/S/RRR\">$(RRR)$</a> from July 15.</p>\n<p>** In a commentary on Tuesday, a former People's Bank of China official said the RRR cut could help authorities to deal with shifts in U.S. monetary policy and may relieve future downward pressure on the yuan, while noting that China's recovery remains imbalanced.</p>\n<p>** Refinitiv data showed robust buying by foreign investors, with Northbound Stock Connect flows totalling 5.72 billion yuan ($884.81 million) on the day.</p>\n<p>** The smaller Shenzhen index ended up 0.25% and the start-up board ChiNext Composite index was weaker by 0.56%.</p>\n<p>** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.89%, while Japan's Nikkei index closed up 0.52%.</p>\n<p>** The yuan was quoted at 6.4651 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.</p>\n<p>** So far this year, the Shanghai stock index is up 2.7% and the CSI300 has fallen 1.3%, while China's H-share index listed in Hong Kong is down 5.9%. Shanghai stocks have declined 0.69% this month.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151554537","content_text":"* Shanghai Composite index +0.53%; CSI300 +0.18\n* Consumer shares help CSI300 to shake off weakness\n* Export data shows faster-than-expected growth in June\nSHANGHAI, July 13 (Reuters) - China's blue-chips closed higher on Tuesday, supported by strong gains in consumer staples firms, as new data showed the country's exports grew at a much faster-than-expected pace in June on recovering global demand.\n** Easing global lockdown measures drove China's June exports to grow much faster, and import growth also beat expectations, customs data showed on Tuesday.\n** At the close, the Shanghai Composite index was up 0.53% at 3,566.52.\n** The blue-chip CSI300 index shook off earlier weakness to end up 0.18%, with the consumer staples sector jumping 1.8%, the real estate index up 0.2% and the healthcare sub-index up 0.21%.\n** The small gains extended a rally that pushed the CSI300 1.25% higher on Monday, after the central bank said it would cut banks' reserve requirement ratios $(RRR)$ from July 15.\n** In a commentary on Tuesday, a former People's Bank of China official said the RRR cut could help authorities to deal with shifts in U.S. monetary policy and may relieve future downward pressure on the yuan, while noting that China's recovery remains imbalanced.\n** Refinitiv data showed robust buying by foreign investors, with Northbound Stock Connect flows totalling 5.72 billion yuan ($884.81 million) on the day.\n** The smaller Shenzhen index ended up 0.25% and the start-up board ChiNext Composite index was weaker by 0.56%.\n** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.89%, while Japan's Nikkei index closed up 0.52%.\n** The yuan was quoted at 6.4651 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.\n** So far this year, the Shanghai stock index is up 2.7% and the CSI300 has fallen 1.3%, while China's H-share index listed in Hong Kong is down 5.9%. Shanghai stocks have declined 0.69% this month.","news_type":1,"symbols_score_info":{"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":5647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}