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bobho
bobho
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2021-06-23
Wah
Breaking news! Are Li Jiaqi and Viya both preparing to go public with their own companies?
当下火热的直播电商市场竞争加剧,中国两位最热门网红背后的孵化器正在为首次公开募股做准备。 知情人士透露,“口红一哥”李佳琦背后的上海经纪公司美腕正在招聘一位首席财务官,为可能的美国上市做准备。其中一位
Breaking news! Are Li Jiaqi and Viya both preparing to go public with their own companies?
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bobho
bobho
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2021-06-23
https://youtu.be/b_MPPIWKq4M
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bobho
bobho
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2021-06-19
Good
SPACs, a global blind box game of wealth where people are feeling their way across the river.
这段时间,SPAC的狂热已经引起市场警惕,美国监管层正在有意进行监管规则的调整。长期来看,相关政策调整、流动性大幅收紧等都将是SPAC未来发展的重大不确定性因素。
SPACs, a global blind box game of wealth where people are feeling their way across the river.
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bobho
bobho
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2021-05-11
Er
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bobho
bobho
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2021-05-07
Oh
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bobho
bobho
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2021-05-04
Wahh
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bobho
bobho
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2021-05-03
Good
Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week
It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their fi
Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week
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bobho
bobho
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2021-05-03
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bobho
bobho
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2021-05-03
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bobho
bobho
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2021-05-03
Nice
Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week
It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their fi
Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week
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13:12","market":"us","language":"zh","title":"Breaking news! Are Li Jiaqi and Viya both preparing to go public with their own companies?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155839444","media":"智通财经APP","summary":"当下火热的直播电商市场竞争加剧,中国两位最热门网红背后的孵化器正在为首次公开募股做准备。\n知情人士透露,“口红一哥”李佳琦背后的上海经纪公司美腕正在招聘一位首席财务官,为可能的美国上市做准备。其中一位","content":"<p>In the currently fiercely competitive live-streaming e-commerce market, the incubators behind two of China's most popular internet celebrities are preparing for their initial public offerings.</p><p>Sources familiar with the matter revealed that Meiwang, the Shanghai-based brokerage firm behind \"lipstick king\" Li Jiaqi, is recruiting a chief financial officer in preparation for a possible US listing. One of the people familiar with the matter said that the company, invested in by Hejing Capital and Detong Capital, is considering an IPO to raise $300 million.</p><p>In addition, Hangzhou Qianxun Culture, where \"top e-commerce star\" Viya works, is also planning an IPO.</p><p><img src=\"https://static.tigerbbs.com/d8e68a0560351a7b4c498274d320118f\" tg-width=\"795\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p><b>1、</b><b><b>What is the origin of Li Jiaqi's beautiful wrists?</b></b></p><p>Will Meiwang, owned by Li Jiaqi, really seek an overseas listing? In fact, there is no concrete evidence at present.</p><p>On June 23, it was reported that Meiwang, the company owned by Li Jiaqi, the \"King of Lipsticks\" in China, is looking for a chief financial officer to prepare for a possible US stock sale. However, when media outlets contacted Meiwang for verification, they responded that the reports were false.</p><p>On May 4, 2021, in an interview with the Daily Economic News, Li Jiaqi identified himself as a \"partner of Meiwang (Shanghai) Network Technology Co., Ltd.\"</p><p>According to MeiWang's description on Tianyancha, \"MeiOne is an online service platform for internet celebrities, artists, and models, aiming to provide users with various cooperation opportunities such as shooting, performance, streaming, and e-commerce distribution.\"</p><p>According to Tianyancha, the actual controller of Meiwang (Shanghai) Network Technology Co., Ltd. is Qi Zhenbo.</p><p>In November 2017, Ningbo Meiqi E-commerce Co., Ltd. was established, with Li Jiaqi holding 49% of the shares and Meiwang (Shanghai) Network Technology Co., Ltd. holding 51%. Li Jiaqi is the ultimate beneficiary of Ningbo Meiqi E-commerce Co., Ltd.</p><p>In March 2019, Shanghai Zhuangjia E-commerce Co., Ltd. was established, with Meiwang (Shanghai) Network Technology Co., Ltd. holding 51% of the shares and Li Jiaqi holding 49%. The ultimate beneficiary of Shanghai Zhuangjia E-commerce Co., Ltd. is Li Jiaqi.</p><p><img src=\"https://static.tigerbbs.com/a588577d3418e0e61438ede63e904b51\" tg-width=\"966\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p><p>In addition, on March 26, 2021, Beijing Meinai Consulting Management Co., Ltd. was established, with Qi Zhenbo as its legal representative. The company is jointly owned by Qi Zhenbo, Li Jiaqi, Fu Peng and others, with Li Jiaqi holding approximately 38% of the shares, making him the second largest shareholder.</p><p>The aforementioned Qi Zhenbo is the actual controller of Meiwang. It is worth noting that Fu Peng was once Li Jiaqi's assistant in his live stream. On May 6, 2020, Li Jiaqi announced in a live broadcast that Fu Peng would no longer appear behind the scenes and would become a partner in the company. Li Jiaqi also joked that he would call him \"General Manager Fu\" from now on.</p><p>Public information shows that the company was established on December 22, 2014. Investors include Alibaba Capital,<a href=\"https://laohu8.com/S/WB\">Weibo</a>Venture capitalists and star investors like Hu Haiquan.</p><p>On December 16, 2015, Meiwang secured angel round funding from Lakeside Shannan Capital and Shuanglong Aviation Software Venture Capital.</p><p>On October 31, 2016, Meiwang received equity financing from Shuanglong Aviation Software Venture Capital.</p><p>On March 14, 2017, Meiwang secured Series A financing from Detong Capital,<a href=\"https://laohu8.com/S/SINA\">Sina</a>Weibo Fund (Micro Venture Capital), Hejing Capital, Fashion Capital, and Qifeng Capital.</p><p>Li Jiaqi once said, \"Meiwang and I grew up together. At first, the team was not large, and we all did things together. Later, the company continued to grow, the team expanded, and there was a clearer division of labor. I focused more on live streaming and product selection, and other partners would collaborate on daily operations and management.\"</p><p>Li Jiaqi's partnership with Meiwang began at the end of 2016, when the influencer agency MeiOne proposed \"BA becoming an influencer,\" and subsequently...<a href=\"https://laohu8.com/S/0NZM.UK\">L'Oréal</a>The group and MeONE hit it off immediately and tried to hold a Taobao live streaming project competition based on \"BA influencer\". Li Jiaqi, the top-selling brand in BA, qualified for the competition and then stood out with her outstanding abilities, eventually signing with MeONE to become a beauty influencer.</p><p>Once Meiwang goes public, it undoubtedly has enormous potential.</p><p>The name \"Li Jiaqi\" has already gained considerable influence in the capital market.</p><p>Previously, on January 15, 2020, A-share listed companies<a href=\"https://laohu8.com/S/300336\">New Culture</a>The announcement stated that the company plans to reach a strategic cooperation agreement with Meiwang (Shanghai) Network Technology Co., Ltd. The following day, Xinwenhua opened at the daily limit and achieved five consecutive limit-up days.</p><p>If Meiwang goes public, won't it have to fly?</p><p>However, according to current publicly available information, no shares held by Li Jiaqi in Meiwang have been found. Although Li Jiaqi claims to be a partner of Meiwang, it is unknown whether he is actually a \"partner\" or an \"employee\". Of course, if Meiwang combines Ningbo Meiqi and Shanghai Zhuangjia, which benefited Li Jiaqi, into a single IPO, Li Jiaqi's net worth will skyrocket.</p><p><b>2、</b><b><b>What is the background of Viya's Hangzhou Qianxun?</b></b></p><p>Unlike the complex and unclear equity relationship between Li Jiaqi and Meiwang, Viya's relationship with Hangzhou Qianxun is relatively clear. The major shareholder and actual controller of Hangzhou Qianxun is Viya's husband, Dong Haifeng. Qianxun is their own brand, completely controlled by Viya and her husband.</p><p>Qianxun (Hangzhou) Culture Media Co., Ltd. was established in September 2019. Dong Haifeng is not only the major shareholder and actual controller, but also the chairman and general manager.</p><p>According to Tianyancha, Qianxun is a new content e-commerce live streaming agency. Our main businesses include incubating internet celebrities, producing and distributing short video content, and providing omni-channel content marketing. We can also customize exclusive promotional plans for brands.</p><p>On May 25, 2021, the \"Viya Carnival\" was held in Hangzhou, with a simultaneous online live stream lasting for 7 hours. This is Viya's \"Fan Festival,\" which has been officially upgraded to \"Viya Carnival\" this year.</p><p>Before the \"Carnival\" live broadcast began, Dong Haifeng told the media: \"Currently, Qianxun has more than 40 celebrity and talented live streamers.\" This is not a large number for an MCN company whose core business is incubating and training live streamers. In response, Dong Haifeng added, \"We don't use a sea of people tactic; we focus more on results.\"</p><p>Regarding the company's development, Dong Haifeng said that the company's development can be divided into two stages. The first stage was before 2019, when Viya grew rapidly and the company simultaneously accumulated experience in live streaming, operations and data. This allows them to quickly build a team and empower other streamers. In 2021, Qianxun also launched an e-commerce livestreamer training camp, hoping to share the experience accumulated by Qianxun, especially Viya, with more e-commerce livestreamers, including those who hope to enter this industry or have already entered the industry but have not yet mastered excellent methodologies.</p><p>\"Qianxun's approach is to first let Viya 'wade through the waters,' figure out the 'pitfalls' and 'gold,' and then empower the second tier of streamers after developing a methodology. In the future, Qianxun may export to the industry on a larger scale.\"</p><p>Qianxun has been targeted by venture capitalists. According to Tianyancha APP, in June last year, Qianxun (Hangzhou) Holdings Co., Ltd. underwent industrial and commercial registration changes, adding Suzhou Junjunde Equity Investment Partnership as a shareholder. This is a RMB fund under Legend Capital.</p><p>It is worth mentioning that Shao Zhenxing, Managing Director of Legend Capital, also appeared on the list of directors of Qianxun Holdings.</p><p>In April of this year, Qianxun Holdings underwent several more business registration changes, among which Hainan Yunfeng Tuohai Fund Center (Limited Partnership) was added as an investor, with a shareholding ratio of 5%. In other words, following Legend Capital's entry into the market, the well-known PE firm Yunfeng Fund also quietly invested in Viya's company.</p><p>In terms of capital operations, Viya is clearly more mature than Li Jiaqi and has taken bigger steps.</p><p>Viya and her husband have established a venture capital firm and are beginning to venture into the field of private equity investment. According to Tianyancha APP, Qingdao Qianmiao Private Equity Fund Management Co., Ltd. was established on January 28, 2021, with a registered capital of 10 million RMB. Its business scope includes private equity investment fund management and venture capital fund management services.</p><p>The investment community has learned that the fund management company on May 10th...<a href=\"https://laohu8.com/S/CHN\">China Fund</a>Industry association registration. A shareholding analysis revealed that the company is wholly owned by Qianxun (Hangzhou) Holdings Co., Ltd., whose suspected actual controller is Viya's husband, Dong Haifeng, holding nearly 50% of the shares.</p><p><b>3、</b><b><b>These streamers are also venturing into the capital market.</b></b></p><p>After accumulating wealth, Simba, the \"number one player on Kuaishou,\" founded Xinxuan Investment, which has successively invested in companies such as Qibu Co., Ltd., a listed children's clothing company, and Shengxun Cloud Commerce Group, a game company.</p><p>On the other hand, Wang Sicong's ex-girlfriend, internet celebrity Sydney, officially announced in April this year that her company \"Chenfan E-commerce\" had completed a tens of millions of US dollars in Series B+ financing. This is the second round of financing completed by Chenfan in just one month. The leader, Xue Li, has also attracted considerable attention from investors. Now, she is backed by two investment institutions, Lanxin Asia and Zhongyuan Capital.</p><p>Outside of the live-streaming e-commerce circle, influencer Li Ziqi started a snail rice noodle factory with her IP. The company behind her, Weinian Technology, has also become a hot commodity in the eyes of investors, bringing together ten investment institutions including Huaxing New Economy Fund, Zhongyuan Capital, Chenhai Capital, and Huaying Capital.</p><p>However, these internet celebrities are pioneers in exploring the capital market.<a href=\"https://laohu8.com/S/RUHN\">Ruhn Holdings</a>They had already \"died on the beach\".</p><p>On April 3, 2019, Ruhnn Holdings, with the halo of \"China's internet celebrity manufacturing machine\", successfully IPOed on Nasdaq with an issue price of US$12.50. Zhang Dayi, one of the first generation of Taobao influencers, is the co-founder and CMO of Ruhnn Holdings. She once set a record for the first women's clothing store on Taobao to achieve sales exceeding 100 million yuan during \"Double Eleven\". Ruhnn Holdings is also known as \"China's first internet influencer stock\".</p><p>Two years later, on April 22, 2021, Ruhn Holdings announced the completion of its privatization and delisting from the US stock market despite its market value shrinking by 70%.</p><p>Over-reliance on the personal brands of internet celebrities is a risk for the companies behind these internet celebrities.</p><p>Financial reports show that between 2018 and 2020, the revenue from Zhang Dayi's self-operated stores contributed more than half of the company's revenue. The side effect of this is that when top celebrities face major negative news, the company has to share the pressure of public opinion. In 2020, following the negative incident involving Zhang Dayi, Ruhn announced that the incident had a significant adverse impact on the company's reputation, business, and the trading price of its ADSs.</p><p>At that time, Zhang Dayi and Jiang Fan were rumored to be having an extramarital affair. Ru Han stated, \"Since April 2020, top KOLs have suffered negative publicity, and sales of products generated by online stores have declined significantly.\"</p><p>At the time, Jiang Fan was the president of Taobao and the president of Tmall.</p><p>This incident dealt a heavy blow to Ruhn. On November 23, 2020, Ruhn Holdings Limited released its financial report for the second quarter of fiscal year 2021, showing that as of September 30, Ruhn Holdings' revenue for the second fiscal quarter was RMB 248.5 million, a 9% decrease compared with the same period last year. The net loss attributable to Ruhn Holdings reached 31.2 million yuan, a year-on-year narrowing of 38%.</p><p>Compared to the first fiscal quarter (revenue of 280 million yuan and net profit of 10.7 million yuan), this performance represents a shift from profit to loss in the past six months.</p><p>Zhang Dayi was once named the number one e-commerce influencer and the most valuable influencer on Weibo. Unfortunately, in today's increasingly developed influencer economy, the former number one influencer, Zhang Dayi, has \"aged.\" This \"aging\" is not about his appearance, but about his influence, development vitality, and sales performance, which are all seriously lagging behind.</p><p>On April 23, 2021, when Ruhnn Holdings was delisted, some media outlets, based on data from the live-streaming e-commerce data analysis tool Fatball, found that Zhang Dayi's sales volume in the past 30 days was 51.87 million yuan. At the same time, Sydney's sales volume in the past 30 days reached 1 billion yuan, which Zhang Dayi could only dream of.</p><p>In 2019, Wang Sicong, a \"celebrity harvester\" who had failed in multiple entrepreneurial ventures, commented on Ruhn Holdings and its business model of celebrity e-commerce on his WeChat Moments, and now it seems to make a lot of sense.</p><p>Wang Sicong pointed out three problems with Ruhn Holdings:</p><p>\"1. Loss. (In 2018, gross profit was 300 million yuan, but fulfillment expenses were 100 million yuan, marketing expenses were 146 million yuan, comprehensive management expenses were 130 million yuan, plus other operating income of 710,000 yuan, resulting in a total operating loss of 72.35 million yuan. There was revenue, but the money was spent inexplicably, especially the marketing expenses of nearly 150 million yuan, which is puzzling. What is the point of spending so much marketing expenses on KOLs?\" What would happen to performance if marketing expenses were stopped?</p><p>2. Unreplicable (We signed over a hundred internet celebrities, but Zhang Dayi alone accounted for 50.8%, 52.4%, and 53.5% of revenue in fiscal years 2017, 2018, and the first three quarters of fiscal year 2019, respectively. What an unhealthy ratio!)</p><p>3. Ruhan's influencer incubation, influencer e-commerce, and influencer marketing models have frankly failed to prove successful, nor have they proven that they can cultivate new KOLs.</p><p>Intriguingly, Ruhn's delisting coincided with Sydney's official announcement that its company, \"Chenfan E-commerce,\" had completed a tens of millions of US dollars in Series B+ financing. Sydney is Wang Sicong's ex-girlfriend.</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>Breaking news! Are Li Jiaqi and Viya both preparing to go public with their own 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\">\nBreaking news! Are Li Jiaqi and Viya both preparing to go public with their own companies?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/12\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/361f7f1ca0d64e919035653d64c723ab);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">智通财经APP </p>\n<p class=\"h-time smaller\">2021-06-23 13:12</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>In the currently fiercely competitive live-streaming e-commerce market, the incubators behind two of China's most popular internet celebrities are preparing for their initial public offerings.</p><p>Sources familiar with the matter revealed that Meiwang, the Shanghai-based brokerage firm behind \"lipstick king\" Li Jiaqi, is recruiting a chief financial officer in preparation for a possible US listing. One of the people familiar with the matter said that the company, invested in by Hejing Capital and Detong Capital, is considering an IPO to raise $300 million.</p><p>In addition, Hangzhou Qianxun Culture, where \"top e-commerce star\" Viya works, is also planning an IPO.</p><p><img src=\"https://static.tigerbbs.com/d8e68a0560351a7b4c498274d320118f\" tg-width=\"795\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p><b>1、</b><b><b>What is the origin of Li Jiaqi's beautiful wrists?</b></b></p><p>Will Meiwang, owned by Li Jiaqi, really seek an overseas listing? In fact, there is no concrete evidence at present.</p><p>On June 23, it was reported that Meiwang, the company owned by Li Jiaqi, the \"King of Lipsticks\" in China, is looking for a chief financial officer to prepare for a possible US stock sale. However, when media outlets contacted Meiwang for verification, they responded that the reports were false.</p><p>On May 4, 2021, in an interview with the Daily Economic News, Li Jiaqi identified himself as a \"partner of Meiwang (Shanghai) Network Technology Co., Ltd.\"</p><p>According to MeiWang's description on Tianyancha, \"MeiOne is an online service platform for internet celebrities, artists, and models, aiming to provide users with various cooperation opportunities such as shooting, performance, streaming, and e-commerce distribution.\"</p><p>According to Tianyancha, the actual controller of Meiwang (Shanghai) Network Technology Co., Ltd. is Qi Zhenbo.</p><p>In November 2017, Ningbo Meiqi E-commerce Co., Ltd. was established, with Li Jiaqi holding 49% of the shares and Meiwang (Shanghai) Network Technology Co., Ltd. holding 51%. Li Jiaqi is the ultimate beneficiary of Ningbo Meiqi E-commerce Co., Ltd.</p><p>In March 2019, Shanghai Zhuangjia E-commerce Co., Ltd. was established, with Meiwang (Shanghai) Network Technology Co., Ltd. holding 51% of the shares and Li Jiaqi holding 49%. The ultimate beneficiary of Shanghai Zhuangjia E-commerce Co., Ltd. is Li Jiaqi.</p><p><img src=\"https://static.tigerbbs.com/a588577d3418e0e61438ede63e904b51\" tg-width=\"966\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p><p>In addition, on March 26, 2021, Beijing Meinai Consulting Management Co., Ltd. was established, with Qi Zhenbo as its legal representative. The company is jointly owned by Qi Zhenbo, Li Jiaqi, Fu Peng and others, with Li Jiaqi holding approximately 38% of the shares, making him the second largest shareholder.</p><p>The aforementioned Qi Zhenbo is the actual controller of Meiwang. It is worth noting that Fu Peng was once Li Jiaqi's assistant in his live stream. On May 6, 2020, Li Jiaqi announced in a live broadcast that Fu Peng would no longer appear behind the scenes and would become a partner in the company. Li Jiaqi also joked that he would call him \"General Manager Fu\" from now on.</p><p>Public information shows that the company was established on December 22, 2014. Investors include Alibaba Capital,<a href=\"https://laohu8.com/S/WB\">Weibo</a>Venture capitalists and star investors like Hu Haiquan.</p><p>On December 16, 2015, Meiwang secured angel round funding from Lakeside Shannan Capital and Shuanglong Aviation Software Venture Capital.</p><p>On October 31, 2016, Meiwang received equity financing from Shuanglong Aviation Software Venture Capital.</p><p>On March 14, 2017, Meiwang secured Series A financing from Detong Capital,<a href=\"https://laohu8.com/S/SINA\">Sina</a>Weibo Fund (Micro Venture Capital), Hejing Capital, Fashion Capital, and Qifeng Capital.</p><p>Li Jiaqi once said, \"Meiwang and I grew up together. At first, the team was not large, and we all did things together. Later, the company continued to grow, the team expanded, and there was a clearer division of labor. I focused more on live streaming and product selection, and other partners would collaborate on daily operations and management.\"</p><p>Li Jiaqi's partnership with Meiwang began at the end of 2016, when the influencer agency MeiOne proposed \"BA becoming an influencer,\" and subsequently...<a href=\"https://laohu8.com/S/0NZM.UK\">L'Oréal</a>The group and MeONE hit it off immediately and tried to hold a Taobao live streaming project competition based on \"BA influencer\". Li Jiaqi, the top-selling brand in BA, qualified for the competition and then stood out with her outstanding abilities, eventually signing with MeONE to become a beauty influencer.</p><p>Once Meiwang goes public, it undoubtedly has enormous potential.</p><p>The name \"Li Jiaqi\" has already gained considerable influence in the capital market.</p><p>Previously, on January 15, 2020, A-share listed companies<a href=\"https://laohu8.com/S/300336\">New Culture</a>The announcement stated that the company plans to reach a strategic cooperation agreement with Meiwang (Shanghai) Network Technology Co., Ltd. The following day, Xinwenhua opened at the daily limit and achieved five consecutive limit-up days.</p><p>If Meiwang goes public, won't it have to fly?</p><p>However, according to current publicly available information, no shares held by Li Jiaqi in Meiwang have been found. Although Li Jiaqi claims to be a partner of Meiwang, it is unknown whether he is actually a \"partner\" or an \"employee\". Of course, if Meiwang combines Ningbo Meiqi and Shanghai Zhuangjia, which benefited Li Jiaqi, into a single IPO, Li Jiaqi's net worth will skyrocket.</p><p><b>2、</b><b><b>What is the background of Viya's Hangzhou Qianxun?</b></b></p><p>Unlike the complex and unclear equity relationship between Li Jiaqi and Meiwang, Viya's relationship with Hangzhou Qianxun is relatively clear. The major shareholder and actual controller of Hangzhou Qianxun is Viya's husband, Dong Haifeng. Qianxun is their own brand, completely controlled by Viya and her husband.</p><p>Qianxun (Hangzhou) Culture Media Co., Ltd. was established in September 2019. Dong Haifeng is not only the major shareholder and actual controller, but also the chairman and general manager.</p><p>According to Tianyancha, Qianxun is a new content e-commerce live streaming agency. Our main businesses include incubating internet celebrities, producing and distributing short video content, and providing omni-channel content marketing. We can also customize exclusive promotional plans for brands.</p><p>On May 25, 2021, the \"Viya Carnival\" was held in Hangzhou, with a simultaneous online live stream lasting for 7 hours. This is Viya's \"Fan Festival,\" which has been officially upgraded to \"Viya Carnival\" this year.</p><p>Before the \"Carnival\" live broadcast began, Dong Haifeng told the media: \"Currently, Qianxun has more than 40 celebrity and talented live streamers.\" This is not a large number for an MCN company whose core business is incubating and training live streamers. In response, Dong Haifeng added, \"We don't use a sea of people tactic; we focus more on results.\"</p><p>Regarding the company's development, Dong Haifeng said that the company's development can be divided into two stages. The first stage was before 2019, when Viya grew rapidly and the company simultaneously accumulated experience in live streaming, operations and data. This allows them to quickly build a team and empower other streamers. In 2021, Qianxun also launched an e-commerce livestreamer training camp, hoping to share the experience accumulated by Qianxun, especially Viya, with more e-commerce livestreamers, including those who hope to enter this industry or have already entered the industry but have not yet mastered excellent methodologies.</p><p>\"Qianxun's approach is to first let Viya 'wade through the waters,' figure out the 'pitfalls' and 'gold,' and then empower the second tier of streamers after developing a methodology. In the future, Qianxun may export to the industry on a larger scale.\"</p><p>Qianxun has been targeted by venture capitalists. According to Tianyancha APP, in June last year, Qianxun (Hangzhou) Holdings Co., Ltd. underwent industrial and commercial registration changes, adding Suzhou Junjunde Equity Investment Partnership as a shareholder. This is a RMB fund under Legend Capital.</p><p>It is worth mentioning that Shao Zhenxing, Managing Director of Legend Capital, also appeared on the list of directors of Qianxun Holdings.</p><p>In April of this year, Qianxun Holdings underwent several more business registration changes, among which Hainan Yunfeng Tuohai Fund Center (Limited Partnership) was added as an investor, with a shareholding ratio of 5%. In other words, following Legend Capital's entry into the market, the well-known PE firm Yunfeng Fund also quietly invested in Viya's company.</p><p>In terms of capital operations, Viya is clearly more mature than Li Jiaqi and has taken bigger steps.</p><p>Viya and her husband have established a venture capital firm and are beginning to venture into the field of private equity investment. According to Tianyancha APP, Qingdao Qianmiao Private Equity Fund Management Co., Ltd. was established on January 28, 2021, with a registered capital of 10 million RMB. Its business scope includes private equity investment fund management and venture capital fund management services.</p><p>The investment community has learned that the fund management company on May 10th...<a href=\"https://laohu8.com/S/CHN\">China Fund</a>Industry association registration. A shareholding analysis revealed that the company is wholly owned by Qianxun (Hangzhou) Holdings Co., Ltd., whose suspected actual controller is Viya's husband, Dong Haifeng, holding nearly 50% of the shares.</p><p><b>3、</b><b><b>These streamers are also venturing into the capital market.</b></b></p><p>After accumulating wealth, Simba, the \"number one player on Kuaishou,\" founded Xinxuan Investment, which has successively invested in companies such as Qibu Co., Ltd., a listed children's clothing company, and Shengxun Cloud Commerce Group, a game company.</p><p>On the other hand, Wang Sicong's ex-girlfriend, internet celebrity Sydney, officially announced in April this year that her company \"Chenfan E-commerce\" had completed a tens of millions of US dollars in Series B+ financing. This is the second round of financing completed by Chenfan in just one month. The leader, Xue Li, has also attracted considerable attention from investors. Now, she is backed by two investment institutions, Lanxin Asia and Zhongyuan Capital.</p><p>Outside of the live-streaming e-commerce circle, influencer Li Ziqi started a snail rice noodle factory with her IP. The company behind her, Weinian Technology, has also become a hot commodity in the eyes of investors, bringing together ten investment institutions including Huaxing New Economy Fund, Zhongyuan Capital, Chenhai Capital, and Huaying Capital.</p><p>However, these internet celebrities are pioneers in exploring the capital market.<a href=\"https://laohu8.com/S/RUHN\">Ruhn Holdings</a>They had already \"died on the beach\".</p><p>On April 3, 2019, Ruhnn Holdings, with the halo of \"China's internet celebrity manufacturing machine\", successfully IPOed on Nasdaq with an issue price of US$12.50. Zhang Dayi, one of the first generation of Taobao influencers, is the co-founder and CMO of Ruhnn Holdings. She once set a record for the first women's clothing store on Taobao to achieve sales exceeding 100 million yuan during \"Double Eleven\". Ruhnn Holdings is also known as \"China's first internet influencer stock\".</p><p>Two years later, on April 22, 2021, Ruhn Holdings announced the completion of its privatization and delisting from the US stock market despite its market value shrinking by 70%.</p><p>Over-reliance on the personal brands of internet celebrities is a risk for the companies behind these internet celebrities.</p><p>Financial reports show that between 2018 and 2020, the revenue from Zhang Dayi's self-operated stores contributed more than half of the company's revenue. The side effect of this is that when top celebrities face major negative news, the company has to share the pressure of public opinion. In 2020, following the negative incident involving Zhang Dayi, Ruhn announced that the incident had a significant adverse impact on the company's reputation, business, and the trading price of its ADSs.</p><p>At that time, Zhang Dayi and Jiang Fan were rumored to be having an extramarital affair. Ru Han stated, \"Since April 2020, top KOLs have suffered negative publicity, and sales of products generated by online stores have declined significantly.\"</p><p>At the time, Jiang Fan was the president of Taobao and the president of Tmall.</p><p>This incident dealt a heavy blow to Ruhn. On November 23, 2020, Ruhn Holdings Limited released its financial report for the second quarter of fiscal year 2021, showing that as of September 30, Ruhn Holdings' revenue for the second fiscal quarter was RMB 248.5 million, a 9% decrease compared with the same period last year. The net loss attributable to Ruhn Holdings reached 31.2 million yuan, a year-on-year narrowing of 38%.</p><p>Compared to the first fiscal quarter (revenue of 280 million yuan and net profit of 10.7 million yuan), this performance represents a shift from profit to loss in the past six months.</p><p>Zhang Dayi was once named the number one e-commerce influencer and the most valuable influencer on Weibo. Unfortunately, in today's increasingly developed influencer economy, the former number one influencer, Zhang Dayi, has \"aged.\" This \"aging\" is not about his appearance, but about his influence, development vitality, and sales performance, which are all seriously lagging behind.</p><p>On April 23, 2021, when Ruhnn Holdings was delisted, some media outlets, based on data from the live-streaming e-commerce data analysis tool Fatball, found that Zhang Dayi's sales volume in the past 30 days was 51.87 million yuan. At the same time, Sydney's sales volume in the past 30 days reached 1 billion yuan, which Zhang Dayi could only dream of.</p><p>In 2019, Wang Sicong, a \"celebrity harvester\" who had failed in multiple entrepreneurial ventures, commented on Ruhn Holdings and its business model of celebrity e-commerce on his WeChat Moments, and now it seems to make a lot of sense.</p><p>Wang Sicong pointed out three problems with Ruhn Holdings:</p><p>\"1. Loss. (In 2018, gross profit was 300 million yuan, but fulfillment expenses were 100 million yuan, marketing expenses were 146 million yuan, comprehensive management expenses were 130 million yuan, plus other operating income of 710,000 yuan, resulting in a total operating loss of 72.35 million yuan. There was revenue, but the money was spent inexplicably, especially the marketing expenses of nearly 150 million yuan, which is puzzling. What is the point of spending so much marketing expenses on KOLs?\" What would happen to performance if marketing expenses were stopped?</p><p>2. Unreplicable (We signed over a hundred internet celebrities, but Zhang Dayi alone accounted for 50.8%, 52.4%, and 53.5% of revenue in fiscal years 2017, 2018, and the first three quarters of fiscal year 2019, respectively. What an unhealthy ratio!)</p><p>3. Ruhan's influencer incubation, influencer e-commerce, and influencer marketing models have frankly failed to prove successful, nor have they proven that they can cultivate new KOLs.</p><p>Intriguingly, Ruhn's delisting coincided with Sydney's official announcement that its company, \"Chenfan E-commerce,\" had completed a tens of millions of US dollars in Series B+ financing. Sydney is Wang Sicong's ex-girlfriend.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/079350e90b4d0a1dc22ccb584df23a8d","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155839444","content_text":"当下火热的直播电商市场竞争加剧,中国两位最热门网红背后的孵化器正在为首次公开募股做准备。\n知情人士透露,“口红一哥”李佳琦背后的上海经纪公司美腕正在招聘一位首席财务官,为可能的美国上市做准备。其中一位知情人士说,合鲸资本和德同资本投资的这家公司考虑上市融资3亿美元。\n此外,“带货一姐”薇娅所在的杭州谦寻文化也在计划IPO。\n\n1、李佳琦的美腕是什么来头?\n李佳琦所属的美腕是否真的会谋求海外上市?其实目前并未实锤。\n6月23日,消息称中国“口红之王”李佳琦所属公司美腕正在物色一名首席财务官,为可能的美国售股计划做准备。不过有媒体向美腕方面求证,对方回应称有关报道为不实消息。\n2021年5月4日,李佳琦在接受《每日经济新闻》采访时,自称是“美腕(上海)网络科技有限公司合伙人”。\n美腕在天眼查的介绍为“美ONE是一家网红、艺人以及模特的线上服务平台,旨在为用户提供拍摄、表演、主播、电商分销等多种合作机会。”\n根据天眼查:美腕(上海)网络科技有限公司实际控制人为戚振波。\n2017年11月,宁波镁麒电子商务有限公司成立,李佳琦占股49%,美腕(上海)网络科技有限公司占股51%。宁波镁麒电子商务有限公司最终受益人为李佳琦。\n2019年3月,上海妆佳电子商务有限公司成立,美腕(上海)网络科技有限公司占股51%,李佳琦占股49%,上海妆佳电子商务有限公司最终受益人为李佳琦。\n\n此外,2021年3月26日,北京美奈咨询管理有限公司成立,法定代表人为戚振波,该公司由戚振波、李佳琦、付鹏等人员共同持股,其中李佳琦持股比例约38%,为第二大股东。\n前述戚振波为美腕的实际控制人。值得注意的是,付鹏曾是李佳琦直播间的助理。2020年5月6日,李佳琦在直播间宣布付鹏转型幕后,不再出现在镜头中,付鹏将成为公司合伙人,李佳琦还调侃以后要叫他一声“付总”。\n公开信息显示,公司成立于2014年12月22日。出资方包括阿里资本、微博创投以及胡海泉这样的明星投资人。\n2015年12月16日,美腕获得天使轮融资,投资方为湖畔山南资本和双龙航软创投。\n2016年10月31日,美腕获得股权融资,投资方为双龙航软创投。\n2017年3月14日,美腕获得A轮融资,投资方为德同资本、新浪微博基金(微创投)、合鲸资本、时尚资本、启峰资本。\n李佳琦曾表示,“我和美腕是一起成长起来的。一开始团队规模不大,大家有事情就一起做。后来公司不断发展,团队规模扩大,内部有了较为明确的分工。我本人更专注在直播和选品上,日常的经营管理会有其他的合伙人一起协同。”\n李佳琦与美腕牵手始于2016年底,当时网红机构美ONE提出“BA网红化”,随后欧莱雅集团与美ONE一拍即合,尝试举办了“BA网红化”的淘宝直播项目比赛。作为BA中销冠的李佳琦获得了参赛资格,随后凭借出色的能力在比赛中脱颖而出,最终签约美ONE成为一名美妆达人。\n美腕一旦上市,无疑具有极大的想象空间。\n“李佳琦”这三个字,在资本市场已经具有相当号召力。\n此前,2020年1月15日,A股上市公司新文化公告称,公司拟与美腕(上海)网络科技有限公司达成战略合作。次日,新文化涨停开盘,并收获5个涨停板。\n美腕要是上市了,还不得飞啊?\n不过,根据目前的公开信息,没有查询到李佳琦在美腕占有的股份,虽然李佳琦对外宣称是美腕合伙人,但实际上究竟是“合伙人”还是“打工人”,不得而知。当然,如果美腕将李佳琦受益的宁波镁麒和上海妆佳打包上市,那李佳琦的身价将暴增。\n2、薇娅的杭州谦寻是什么来头?\n跟李佳琦与美腕之间复杂不明的股权关系不同,薇娅与杭州谦寻的关系则比较明朗。杭州谦寻的大股东兼实控人正是薇娅的丈夫董海峰。谦寻是薇娅夫妇完全掌控的自家品牌。\n谦寻(杭州)文化传媒有限公司成立于2019年9月,董海峰不但是大股东兼实控人,还是董事长兼总经理。\n天眼查介绍,谦寻是新内容电商直播机构。主要业务包括孵化网红主播、短视频内容生产及投放、全域内容营销等,可为品牌定制专属推广方案。\n2021年5月25日,“薇娅狂欢节”在杭州举行,同步的线上直播长达7个小时。这是薇娅的“粉丝节”,今年正式升级至“薇娅狂欢节”。\n“狂欢节”直播开始前,董海锋对媒体介绍:“目前,谦寻旗下有40多位明星主播及达人主播。”这对于以孵化和培养主播为核心业务的MCN公司来说,人数并不多。对此,董海锋补充道:“我们不做人海战术,我们更讲究效果”。\n对于公司发展,董海锋表示,将公司的发展分为两个阶段,第一个阶段是2019年前,薇娅快速成长,公司同步累积了直播、运营、数据经验。得以快速搭建团队,并赋能给其他主播。进入2021年,谦寻也开启了电商主播培训营,希望把谦寻尤其是薇娅身上积累起来的经验分享给更多电商主播们,包括希望进入这个行业,或已经进入这个行业但还没有掌握优秀方法论的人。\n“谦寻做事的路径是先让薇娅去‘趟水’,摸清楚‘坑’和‘金子’,有了方法论之后,再赋能给第二梯队的主播。未来,谦寻可能会在更大范围上,输出给行业。”\n谦寻已经被VC盯上。天眼查APP显示,去年6月,谦寻(杭州)控股有限责任公司进行工商变更,新增苏州君骏德股权投资合伙企业为股东,这是君联资本旗下的一只人民币基金。\n值得一提的是,君联资本董事总经理邵振兴此次也现身谦寻控股董事名单中。\n今年4月,谦寻控股再发生多项工商变更,其中投资人新增海南云锋拓海基金中心(有限合伙),持股比例显示5%。也就是说,继君联资本入场后,知名PE云锋基金也低调入股了薇娅的公司。\n在资本运作上,薇娅显然比李佳琦更成熟,步子迈的更大。\n薇娅夫妇已成立一家创投公司,开始涉足私募股权投资领域。天眼查APP显示,2021年1月28日,青岛谦喵私募基金管理有限公司成立,注册资本1000万人民币,经营范围包括私募股权投资基金管理、创业投资基金管理服务等。\n投资界了解到,该基金管理公司于5月10日在中国基金业协会备案登记。通过股权穿透发现,该公司由谦寻(杭州)控股有限责任公司100%持股,其疑似实控人为薇娅丈夫董海锋,共持股近50%。\n3、这些主播也在涉足资本市场\n处于风口浪尖的“快手一哥”辛巴在实现财富累加后成立了辛选投资,先后入股了儿童服饰上市公司起步股份、游戏公司盛讯云商等企业。\n另一边,王思聪前女友,网红雪梨今年4月官宣了其公司“宸帆电商”完成千万美元级B+轮融资。这是宸帆短短一个月内完成的第二轮两轮融资,掌门人雪梨也颇受投资人关注,现在她的身后站着兰馨亚洲、众源资本两家投资机构。\n直播电商圈之外,红人李子柒靠着自己的IP开起了螺蛳粉厂,背后的微念科技也一度成为投资人眼中的“香饽饽”,汇集了包括华兴新经济基金、众源资本、辰海资本、华映资本等十家投资机构。\n不过,这些网红主播探索资本市场的前辈,如涵控股已经提前“死在沙滩上”。\n2019年4月3日,如涵控股头顶“中国网红制造机”的光环在纳斯达克成功IPO,发行价为12.5美元。第一代淘宝网红的张大奕是如涵控股联合创始人、CMO,她曾创下淘宝第一家“双十一”销量破亿女装店的纪录,如涵控股也被称为“中国网红第一股”。\n两年后的2021年4月22日,如涵控股在市值缩水七成的背景下宣布完成私有化,从美股退市。\n过分依赖网红个人品牌,是这些网红主播背后公司的风险。\n财报显示,2018~2020年间,张大奕的自营店铺收入对公司贡献的营收比重均在半数以上,这带来的副作用是,当头部红人面临重大负面新闻时,公司不得不一起承担舆论压力。2020年,张大奕负面事件发生后,如涵公告称,该事件对公司声誉、业务和ADS的交易价格产生了重大不利影响。\n彼时,张大奕与蒋凡传出婚外情。如涵表示,“自2020年4月以来,顶级KOL遭受负面宣传,网店产生的产品销售大幅下降”。\n当时,蒋凡是淘宝总裁兼天猫总裁。\n这一事件重创了如涵,2020年11月23日,如涵控股有限公司公布2021财年第二季度财报显示,截至9月30日,如涵控股第二财季营收2.485亿元,较去年同期下滑9%;归属于如涵控股的净亏损达3120万元,同比收窄38%。\n这一成绩单对比第一财季(营收2.8亿元、净利1070万元)来看,半年来由盈转亏。\n张大奕曾被评为第一电商网红,微博最具价值网红,可惜的是,在网红经济越来越发达的今天,昔日的第一网红张大奕却“老了”,这个“老了”并非说容颜,而是影响力、发展活力、以及带货业绩,都在严重落后了。\n2021年4月23日,如涵控股退市之际,有媒体根据直播电商数据分析工具胖球数据查询,张大奕近30天的带货额是5187万,与此同时,雪梨近30天的带货业绩高达10个亿,已让张大奕望尘莫及。\n2019年,“网红收割机”、多次创业失败的王思聪曾在朋友圈对如涵控股及网红带货的商业模式有过评价,如今来看,很有道理。\n王思聪指出了如涵控股的三个问题:\n“1、亏损。(18年毛利3亿但履约费用1亿元,营销费用1.46亿元,综合管理费用 1.3亿元,加上其它营业收入71万元,导致总运营亏损7235万元。收入是有的但是钱花的也莫名其妙,特别近1.5亿的营销费用令人费解,花这么多营销费用那 kol的意义何在;如果停掉这个营销费用业绩又会如何)\n2、不可复制性(签了一百多个网红,但是就一个张大奕在2017财年和2018财年以及2019财年前三季度分别占据了收入的50.8 %、52.4 %和53.5 %。这是多么不健康的比例)\n3、如涵的网红孵化、网红电商、网红营销模式说白了没有验证成功,也没有证明出自己可以培养出新kol 。”\n耐人寻味的是,如涵退市之际,正是雪梨官宣其公司“宸帆电商”完成千万美元级B+轮融资之时。而雪梨,是王思聪前女友。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129544324,"gmtCreate":1624378928968,"gmtModify":1703835081799,"author":{"id":"3582700345515891","authorId":"3582700345515891","name":"bobho","avatar":"https://static.tigerbbs.com/e2793dec827cc42d044e4a48ca80ee8b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582700345515891","idStr":"3582700345515891"},"themes":[],"title":"","htmlText":"https://youtu.be/b_MPPIWKq4M","listText":"https://youtu.be/b_MPPIWKq4M","text":"https://youtu.be/b_MPPIWKq4M","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129544324","isVote":1,"tweetType":1,"viewCount":3400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165829053,"gmtCreate":1624117657972,"gmtModify":1703829045056,"author":{"id":"3582700345515891","authorId":"3582700345515891","name":"bobho","avatar":"https://static.tigerbbs.com/e2793dec827cc42d044e4a48ca80ee8b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582700345515891","idStr":"3582700345515891"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165829053","repostId":"2144154703","repostType":4,"repost":{"id":"2144154703","kind":"highlight","pubTimestamp":1624085563,"share":"https://ttm.financial/m/news/2144154703?lang=en_US&edition=fundamental","pubTime":"2021-06-19 14:52","market":"hk","language":"zh","title":"SPACs, a global blind box game of wealth where people are feeling their way across the river.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144154703","media":"智通财经网","summary":"这段时间,SPAC的狂热已经引起市场警惕,美国监管层正在有意进行监管规则的调整。长期来看,相关政策调整、流动性大幅收紧等都将是SPAC未来发展的重大不确定性因素。","content":"<p>After a booming first quarter, the frenzied SPAC market cooled down in just two months. After reaching a record high of 110 SPAC IPOs in March 2021, the number plummeted to 13 in April and 19 in May.<img src=\"https://static.tigerbbs.com/bcc02404cd4816379f86b57e2674e2aa\" tg-width=\"1080\" tg-height=\"616\" referrerpolicy=\"no-referrer\">Number of SPAC IPOs in the past year (Chart by Titanium Media)</p><p>The fierce influx of hot money has driven SPACs to surge since 2020, and now the market is beginning to return to normal. In 2020, a total of 248 SPACs went public on the U.S. stock market, raising a total of more than $84 billion, exceeding the total amount raised by SPACs in previous years. The market remained hot in the first quarter of 2021, with 308 SPAC IPOs, exceeding the total for the entire previous year, raising $99.6 billion, far exceeding traditional IPOs.</p><p>SPACs seem to be trending towards disrupting the traditional IPO market, but extremes always backfire, and signs of the market peaking are beginning to emerge. The recent frenzy surrounding SPACs has raised market concerns, and US regulators are intentionally adjusting regulatory rules. In the long run, policy adjustments and a significant tightening of liquidity will be major uncertainties for the future development of SPACs.</p><p>As an innovative financial instrument, there is equal support and opposition to SPACs. In fact, countries around the world, including the United States, are \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement. Looking back at the history of SPACs, they have been adapting to the development of the capital market by continuously optimizing their systems and improving their trading rules.</p><p>A precipitous drop occurred, with the number of Spacipos falling from 110 to 14 in a single month.</p><p>In the past two months, the SEC (Securities and Exchange Commission) has issued new accounting guidelines for SPACs (Special Purpose Acquisition Companies), which have instantly calmed down the SPAC market. On April 12, the U.S. SEC announced that Warrants sold by SPACs should be classified as liabilities rather than equity.</p><p>A Warrant is a right that a public investor can exchange for one share of common stock at a fixed price in the future. From an accounting perspective, these types of warrants were previously classified as \"equity,\" and investors in SPACs purchased them at a specific price to obtain huge returns.</p><p>Since they are liabilities, the promoters need to regularly account for the value of the warrants, which clearly increases the procedural burden for SPAC promoters who seek simplicity. This means that if the value of warrants fluctuates significantly, the affected SPACs will have to restate their financial performance. In other words, if you have already completed your financial statements, initiated a reverse merger and acquisition application, and begun the merger and acquisition process, then you may need to redo your financial statements in accordance with the new requirements.</p><p>The impact of this move on the market was like pouring cold water on its head. Statistics show that the number of newly established SPACs plummeted in April, from a historical peak of 110 in March to 13 in April, and only 19 in May. Many companies have suspended their SPAC listing applications and begun to readjust their accounting standards.</p><p>Since 2020, the SPAC market has been booming like never before, raising the alarm of overseas regulators. The SEC had previously warned SPAC investors multiple times. In early April, an SEC official said that SPACs had \"some significant but undiscovered\" problems.</p><p>In March, the SEC warned investors that they should not invest in SPACs simply because they are celebrities among their sponsors. Some market analysts have even called SPACs \"the crystallization of wisdom in this era of short-sighted IPOs, a solution after a large number of unicorns were accumulated during the era of massive monetary easing over the past decade, and the king of this round of bubbles.\"</p><p>\"In the past, going public to raise money required going through the IPO process. Why not just give out accounts to retail investors?\", \"Capital's empty promise game is essentially just exploiting retail investors\", \"Getting something for nothing\". This has always been a blind box game for ordinary investors' wealth. SPAC listed car companies have become the hardest hit by collapses. There are widespread doubts about SPACs, this new type of financial instrument.</p><p>In the wealth blind box game, SPAC-listed automakers have become the hardest hit by collapses.</p><p>Beyond the regulatory blow, the brutal market is also becoming an alchemical stone for SPACs. Recently, several new energy vehicle companies in the United States have been exposed for alleged fraud. Most of them went public in 2020 through the SPAC model, and then collapsed one after another within about six months.</p><p>On June 16, according to foreign media reports, Lordstown Motors, a US-listed startup new energy vehicle company, announced that its CEO Steve Burns and CFO Julio Rodriguez have resigned. In October 2020, Lordstown went public on the Nasdaq Stock Exchange through a SPAC under the ticker symbol \"RIDE\".</p><p>On its first day of trading, Lordstown's stock price rose by nearly 20%, but in March of this year, short-selling firm Hindenburg Research accused Lordstown of using fake orders to raise funds for its Endurance electric pickup truck. The pickup truck will still be several years away from production, but Lordstown insists that production of the model will begin as planned in September.</p><p>Six months seems to have become a life-or-death criterion for SPAC listed companies. In March 2020, it was regarded by the industry as the \"truck industry\".<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Nikola Corp. announced its IPO through a reverse merger and Acquisition with SPAC company VectorIQ Acquisition Corp. The deal brings NikolaCorp.'s corporate market capitalization to $3.3 billion and raises approximately $525 million in working capital.</p><p>Just six months after its listing, Nikola Corp. collapsed. In September 2020, Hindenburg Research released a report stating that Nikola Corp. was suspected of falsifying products and technologies. Not only did the company not master the manufacturing technology for hydrogen fuel cells, but it also made dozens of false statements in many aspects, including its semi-trailer trucks, battery technology, hydrogen production, Nikola One, and even its multi-billion dollar orders. Following the release of the report, Nikola Executive Chairman Trevor Milton announced his resignation.</p><p>The collective resignation of the company's senior executives could not save the plummeting stock price. Currently, Nikola Corp.'s stock price is hovering around $15 per share, a drop of nearly 80% from its peak price of $66 per share before being shorted.<img src=\"https://static.tigerbbs.com/9ec57d3a166878fc396f28f04648875f\" tg-width=\"913\" tg-height=\"555\" referrerpolicy=\"no-referrer\">Nicholas Corp. Stock price trend</p><p>The streamlined listing process and more lenient review standards have always been the main reasons why the SPAC model is so popular in the market. However, this is also a double-edged sword. Due to the simple listing process and relatively lax regulation, the SPAC listing model lacks the strict oversight of investment banks, thus harboring significant risks, such as false capital injection by the listed target and business entities not complying with listing regulations.</p><p>The potential for high returns is very attractive to founders and public investors, but the secrets to the SPAC wealth blind box game are only in the hands of a small number of people.</p><p>\"The essence of a SPAC is the monetization of the founder's resources. Therefore, the equity structure of a SPAC naturally gives the founder the investment leverage to acquire a higher proportion of equity at a lower cost,\" said the Sun Jinju research team at Open Source Securities. Founders can set up a SPAC with just $25,000, which translates to no more than 2 cents per share of common stock. However, \"the target of a SPAC acquisition is highly uncertain. Public investors are participating in a blind box game with high potential returns, and the success rate of the game depends on the SPAC founder.\"</p><p>Is the market about to peak? SPACs have been evolving over the past 30 years</p><p>As an innovative financial instrument, countries around the world, including the United States, are actually \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement.</p><p>The past year has thrust SPACs into the spotlight of global capital markets. In 2020 alone, 248 SPACs went public, raising over $83 billion, accounting for half of all IPOs in the United States that year. In the first three months of this year, the number of SPACs listed and the amount of funds raised have exceeded the total amount of last year. Private equity giants, business tycoons, and celebrities have all gotten involved in SPACs, making this SPAC quickly \"go viral\".<img src=\"https://static.tigerbbs.com/e3935d6372e6d7a6d74f92c250589da9\" tg-width=\"648\" tg-height=\"368\" referrerpolicy=\"no-referrer\">In order to compete for high-quality companies, major exchanges around the world are also actively promoting and improving the SPAC mechanism.<a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>On March 31, a public consultation was launched regarding the introduction of the SPAC mechanism, and the SPAC framework is expected to be officially announced as early as mid-2021. Some media reports,<a href=\"https://laohu8.com/S/00388\">Hong Kong Stock Exchange</a>We are also considering developing a SPAC framework suitable for the Hong Kong market, with the goal of launching the first batch of SPACs by the end of the year. It is understood that Hong Kong regulators are considering formulating stricter rules than those in the United States.</p><p>With strong support from the global market, the momentum of SPACs has been unstoppable. Amidst the frenzy, the market seems to be showing signs of peaking. Co-founder of Marshall Wace, a hedge fund managing $55 billion in assets, based in the UK.<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Paul Marshall, a household name, warned about the SPAC bubble. He said, \"The SPAC phenomenon will end badly, and many people will suffer.\"</p><p>Two major investment giants in the global financial markets have been relentless in criticizing SPACs. \"Gambling with other people's money.\" At this year's shareholders' meeting, Buffett defined the SPAC listing mechanism in this way, while Munger directly called it a kind of \"easy money\" (ill-gotten gains). He doesn't like things that are used to deceive investors and exploit retail investors.</p><p>However, there are also voices of support in the market. Regarding the series of repressive measures taken by US regulators, a market observer named Steven Davidoff Solomon...<a href=\"https://laohu8.com/S/NYT\">New York times</a>The article states that although some SPACs are too aggressive or go public too early, or even announce erroneous and false business plans, it cannot be denied that SPACs have revived the IPO market for small and emerging growth companies over the past 20 years.</p><p>Since GKN Securities launched SPACs into the market in 1993, nearly 30 years ago, the trading rules and regulations for SPACs have been constantly being adjusted and improved. For example, the recent deal between another hedge fund tycoon, Bill Ackman, and Universal Music, which has attracted much attention. Media reports indicate that Ackman's SPAC, Pershing Square Tontine Holding (PSTH), is in talks with Universal Music regarding a merger. This could be the largest deal in the SPAC frenzy, with the combined company valued at $40 billion.</p><p>In this transaction, Ackman created a new type of SPAC called SPARC (Special Purpose Acquisition Rights Company), which addresses some of the current shortcomings of SPACs, such as not tiing up investor funds until the transaction is completed. This is considered the third generation evolution of SPACs.</p><p>In the long run, the Federal Reserve's rate hike policy is also a sharp sword hanging over SPACs. Once a liquidity tightening occurs, the secondary market tide will recede, and the naked swimmers will also surface. Although the Federal Reserve announced on June 16 that it would maintain the Federal Funds rate target range at 0-0.25%, which was in line with market expectations. However, most Federal Reserve officials predict that rate hike will arrive as early as 2023.</p>","source":"highlight_zhitongcaijin","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>SPACs, a global blind box game of wealth where people are feeling their way across the river.</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\">\nSPACs, a global blind box game of wealth where people are feeling their way across the river.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-06-19 14:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a booming first quarter, the frenzied SPAC market cooled down in just two months. After reaching a record high of 110 SPAC IPOs in March 2021, the number plummeted to 13 in April and 19 in May.<img src=\"https://static.tigerbbs.com/bcc02404cd4816379f86b57e2674e2aa\" tg-width=\"1080\" tg-height=\"616\" referrerpolicy=\"no-referrer\">Number of SPAC IPOs in the past year (Chart by Titanium Media)</p><p>The fierce influx of hot money has driven SPACs to surge since 2020, and now the market is beginning to return to normal. In 2020, a total of 248 SPACs went public on the U.S. stock market, raising a total of more than $84 billion, exceeding the total amount raised by SPACs in previous years. The market remained hot in the first quarter of 2021, with 308 SPAC IPOs, exceeding the total for the entire previous year, raising $99.6 billion, far exceeding traditional IPOs.</p><p>SPACs seem to be trending towards disrupting the traditional IPO market, but extremes always backfire, and signs of the market peaking are beginning to emerge. The recent frenzy surrounding SPACs has raised market concerns, and US regulators are intentionally adjusting regulatory rules. In the long run, policy adjustments and a significant tightening of liquidity will be major uncertainties for the future development of SPACs.</p><p>As an innovative financial instrument, there is equal support and opposition to SPACs. In fact, countries around the world, including the United States, are \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement. Looking back at the history of SPACs, they have been adapting to the development of the capital market by continuously optimizing their systems and improving their trading rules.</p><p>A precipitous drop occurred, with the number of Spacipos falling from 110 to 14 in a single month.</p><p>In the past two months, the SEC (Securities and Exchange Commission) has issued new accounting guidelines for SPACs (Special Purpose Acquisition Companies), which have instantly calmed down the SPAC market. On April 12, the U.S. SEC announced that Warrants sold by SPACs should be classified as liabilities rather than equity.</p><p>A Warrant is a right that a public investor can exchange for one share of common stock at a fixed price in the future. From an accounting perspective, these types of warrants were previously classified as \"equity,\" and investors in SPACs purchased them at a specific price to obtain huge returns.</p><p>Since they are liabilities, the promoters need to regularly account for the value of the warrants, which clearly increases the procedural burden for SPAC promoters who seek simplicity. This means that if the value of warrants fluctuates significantly, the affected SPACs will have to restate their financial performance. In other words, if you have already completed your financial statements, initiated a reverse merger and acquisition application, and begun the merger and acquisition process, then you may need to redo your financial statements in accordance with the new requirements.</p><p>The impact of this move on the market was like pouring cold water on its head. Statistics show that the number of newly established SPACs plummeted in April, from a historical peak of 110 in March to 13 in April, and only 19 in May. Many companies have suspended their SPAC listing applications and begun to readjust their accounting standards.</p><p>Since 2020, the SPAC market has been booming like never before, raising the alarm of overseas regulators. The SEC had previously warned SPAC investors multiple times. In early April, an SEC official said that SPACs had \"some significant but undiscovered\" problems.</p><p>In March, the SEC warned investors that they should not invest in SPACs simply because they are celebrities among their sponsors. Some market analysts have even called SPACs \"the crystallization of wisdom in this era of short-sighted IPOs, a solution after a large number of unicorns were accumulated during the era of massive monetary easing over the past decade, and the king of this round of bubbles.\"</p><p>\"In the past, going public to raise money required going through the IPO process. Why not just give out accounts to retail investors?\", \"Capital's empty promise game is essentially just exploiting retail investors\", \"Getting something for nothing\". This has always been a blind box game for ordinary investors' wealth. SPAC listed car companies have become the hardest hit by collapses. There are widespread doubts about SPACs, this new type of financial instrument.</p><p>In the wealth blind box game, SPAC-listed automakers have become the hardest hit by collapses.</p><p>Beyond the regulatory blow, the brutal market is also becoming an alchemical stone for SPACs. Recently, several new energy vehicle companies in the United States have been exposed for alleged fraud. Most of them went public in 2020 through the SPAC model, and then collapsed one after another within about six months.</p><p>On June 16, according to foreign media reports, Lordstown Motors, a US-listed startup new energy vehicle company, announced that its CEO Steve Burns and CFO Julio Rodriguez have resigned. In October 2020, Lordstown went public on the Nasdaq Stock Exchange through a SPAC under the ticker symbol \"RIDE\".</p><p>On its first day of trading, Lordstown's stock price rose by nearly 20%, but in March of this year, short-selling firm Hindenburg Research accused Lordstown of using fake orders to raise funds for its Endurance electric pickup truck. The pickup truck will still be several years away from production, but Lordstown insists that production of the model will begin as planned in September.</p><p>Six months seems to have become a life-or-death criterion for SPAC listed companies. In March 2020, it was regarded by the industry as the \"truck industry\".<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Nikola Corp. announced its IPO through a reverse merger and Acquisition with SPAC company VectorIQ Acquisition Corp. The deal brings NikolaCorp.'s corporate market capitalization to $3.3 billion and raises approximately $525 million in working capital.</p><p>Just six months after its listing, Nikola Corp. collapsed. In September 2020, Hindenburg Research released a report stating that Nikola Corp. was suspected of falsifying products and technologies. Not only did the company not master the manufacturing technology for hydrogen fuel cells, but it also made dozens of false statements in many aspects, including its semi-trailer trucks, battery technology, hydrogen production, Nikola One, and even its multi-billion dollar orders. Following the release of the report, Nikola Executive Chairman Trevor Milton announced his resignation.</p><p>The collective resignation of the company's senior executives could not save the plummeting stock price. Currently, Nikola Corp.'s stock price is hovering around $15 per share, a drop of nearly 80% from its peak price of $66 per share before being shorted.<img src=\"https://static.tigerbbs.com/9ec57d3a166878fc396f28f04648875f\" tg-width=\"913\" tg-height=\"555\" referrerpolicy=\"no-referrer\">Nicholas Corp. Stock price trend</p><p>The streamlined listing process and more lenient review standards have always been the main reasons why the SPAC model is so popular in the market. However, this is also a double-edged sword. Due to the simple listing process and relatively lax regulation, the SPAC listing model lacks the strict oversight of investment banks, thus harboring significant risks, such as false capital injection by the listed target and business entities not complying with listing regulations.</p><p>The potential for high returns is very attractive to founders and public investors, but the secrets to the SPAC wealth blind box game are only in the hands of a small number of people.</p><p>\"The essence of a SPAC is the monetization of the founder's resources. Therefore, the equity structure of a SPAC naturally gives the founder the investment leverage to acquire a higher proportion of equity at a lower cost,\" said the Sun Jinju research team at Open Source Securities. Founders can set up a SPAC with just $25,000, which translates to no more than 2 cents per share of common stock. However, \"the target of a SPAC acquisition is highly uncertain. Public investors are participating in a blind box game with high potential returns, and the success rate of the game depends on the SPAC founder.\"</p><p>Is the market about to peak? SPACs have been evolving over the past 30 years</p><p>As an innovative financial instrument, countries around the world, including the United States, are actually \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement.</p><p>The past year has thrust SPACs into the spotlight of global capital markets. In 2020 alone, 248 SPACs went public, raising over $83 billion, accounting for half of all IPOs in the United States that year. In the first three months of this year, the number of SPACs listed and the amount of funds raised have exceeded the total amount of last year. Private equity giants, business tycoons, and celebrities have all gotten involved in SPACs, making this SPAC quickly \"go viral\".<img src=\"https://static.tigerbbs.com/e3935d6372e6d7a6d74f92c250589da9\" tg-width=\"648\" tg-height=\"368\" referrerpolicy=\"no-referrer\">In order to compete for high-quality companies, major exchanges around the world are also actively promoting and improving the SPAC mechanism.<a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>On March 31, a public consultation was launched regarding the introduction of the SPAC mechanism, and the SPAC framework is expected to be officially announced as early as mid-2021. Some media reports,<a href=\"https://laohu8.com/S/00388\">Hong Kong Stock Exchange</a>We are also considering developing a SPAC framework suitable for the Hong Kong market, with the goal of launching the first batch of SPACs by the end of the year. It is understood that Hong Kong regulators are considering formulating stricter rules than those in the United States.</p><p>With strong support from the global market, the momentum of SPACs has been unstoppable. Amidst the frenzy, the market seems to be showing signs of peaking. Co-founder of Marshall Wace, a hedge fund managing $55 billion in assets, based in the UK.<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Paul Marshall, a household name, warned about the SPAC bubble. He said, \"The SPAC phenomenon will end badly, and many people will suffer.\"</p><p>Two major investment giants in the global financial markets have been relentless in criticizing SPACs. \"Gambling with other people's money.\" At this year's shareholders' meeting, Buffett defined the SPAC listing mechanism in this way, while Munger directly called it a kind of \"easy money\" (ill-gotten gains). He doesn't like things that are used to deceive investors and exploit retail investors.</p><p>However, there are also voices of support in the market. Regarding the series of repressive measures taken by US regulators, a market observer named Steven Davidoff Solomon...<a href=\"https://laohu8.com/S/NYT\">New York times</a>The article states that although some SPACs are too aggressive or go public too early, or even announce erroneous and false business plans, it cannot be denied that SPACs have revived the IPO market for small and emerging growth companies over the past 20 years.</p><p>Since GKN Securities launched SPACs into the market in 1993, nearly 30 years ago, the trading rules and regulations for SPACs have been constantly being adjusted and improved. For example, the recent deal between another hedge fund tycoon, Bill Ackman, and Universal Music, which has attracted much attention. Media reports indicate that Ackman's SPAC, Pershing Square Tontine Holding (PSTH), is in talks with Universal Music regarding a merger. This could be the largest deal in the SPAC frenzy, with the combined company valued at $40 billion.</p><p>In this transaction, Ackman created a new type of SPAC called SPARC (Special Purpose Acquisition Rights Company), which addresses some of the current shortcomings of SPACs, such as not tiing up investor funds until the transaction is completed. This is considered the third generation evolution of SPACs.</p><p>In the long run, the Federal Reserve's rate hike policy is also a sharp sword hanging over SPACs. Once a liquidity tightening occurs, the secondary market tide will recede, and the naked swimmers will also surface. Although the Federal Reserve announced on June 16 that it would maintain the Federal Funds rate target range at 0-0.25%, which was in line with market expectations. However, most Federal Reserve officials predict that rate hike will arrive as early as 2023.</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"http://www.zhitongcaijing.com/content/detail/497190.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4d8b4ef5e124da060f276a5c2f3dd5af","relate_stocks":{"TQQQ":"纳指三倍做多ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","SQQQ":"纳指三倍做空ETF","QQQ":"纳指100ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares"},"source_url":"http://www.zhitongcaijing.com/content/detail/497190.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2144154703","content_text":"经历了一季度的火爆,短短2个月,狂热的SPAC就凉了。2021年3月,SPAC IPO数量攀至110个的历史顶峰之后,4月瞬间悬崖式下跌至13个,5月为19个。最近一年单月SPAC IPO数量,制图:钛媒体\n热钱凶猛,让SPAC从2020年开始一路狂奔,如今市场开始恢复常态。2020年一整年,共有248家SPAC公司在美股上市,募资总额达到840多亿美元,超过SPAC往年的IPO募资总和。2021年一季度市场依旧火爆,SPAC IPO数已达308起,超越去年全年总和,募资规模达996亿美元,远超传统IPO。\nSPAC似有颠覆传统IPO市场的趋势,但物极必反,市场见顶的迹象初露端倪。这段时间,SPAC的狂热已经引起市场警惕,美国监管层正在有意进行监管规则的调整。长期来看,相关政策调整、流动性大幅收紧等都将是SPAC未来发展的重大不确定性因素。\n作为一个创新型的金融工具,对SPAC支持和反对的声音同样高涨。事实上,包括美国在内的世界各国都在“摸着石头过河”,总体上,都处于探索、完善的过程。回顾SPAC的前世今生,SPAC一直在通过不断优化制度、完善交易规则来适应资本市场的发展。\n断崖式下跌,单月SPACIPO数量从110到14\n最近两个月,SEC(美国证券交易委员会)发布的一则针对SPAC(特殊目的收购公司)的新会计指南,让SPAC市场瞬间恢复了冷静。4月12日,美国SEC宣布SPAC出售的认股权证(Warrants)应分类为负债而不是股权。\nWarrant是公众投资人将来可以按固定价格兑换一股普通股的权利。从会计的角度上看,此前,该类认股权证被归为“股本”,SPAC的投资者以特定的价格购买以此获得巨大收益。\n既是负债,发起人就需要定期核算认股权证的价值,这明显给追求简便的SPAC发起人增加了手续上的负担。这意味着,如果认股权证的价值波动较大,受影响的SPAC将必须要重述他们的财务业绩。也就是说,如果你已经做完了财报,发起了反向并购申请,开始走并购程序,那么你可能要按照新要求重新做一遍财报。\n此举对市场的影响犹如当头泼了一盆冷水。统计显示,4月新设立的SPAC数量发生骤减,从3月的历史峰值110个断崖式下跌至4月的13个,5月也仅有19个。很多公司暂停了SPAC上市申请,并开始就会计准则作出了重新调整。\n2020年以来,SPAC市场空前火爆,已经引发海外监管机构的警惕,此前SEC就已多次警示SPAC的投资者,4月初,SEC的一位官员表示,SPAC存在“一些重大但尚未发现的”问题。\n3月,SEC曾警告投资者,投资SPAC不应仅因为SPAC发起人中的明星而进行投资。有市场人士更是称SPAC是“这个急功近利的IPO时代的智慧结晶,是过去十年大放水时代里囤积出大量独角兽后的解决方案,更是这一轮的泡沫之王”。\n“以前上市圈钱还走一下IPO流程,不如直接给韭菜发帐号吧”、“资本画饼游戏实质还是割韭菜”、“空手套白狼”,一直以来普通投资人财富盲盒游戏,SPAC上市车企已成爆雷重灾区对SPAC这种新型的金融工具的各种质疑普遍存在。\n财富盲盒游戏,SPAC上市车企已成爆雷重灾区\n监管的当头一棒之外,残酷的市场也正成为SPAC的炼金石。近日,美国多家新能源车企被曝涉嫌造假,其中大部分车企都是通过SPAC模式在2020年实现上市,而后在半年左右的时间内相继爆雷。\n6月16日,据外媒消息,美股上市初创新能源车企LordstownMotors宣布,公司首席执行官史蒂夫伯恩斯和首席财务官胡里奥罗德里格斯已经辞职。2020年10月,Lordstown通过SPAC在纳斯达克证券交易所上市,股票代码为 \"RIDE\"。\n上市首日,Lordstown股价一度上涨近20%,但今年3月,做空机构HindenburgResearch指控Lordstown使用虚假订单为其Endurance电动皮卡筹集资金。该款皮卡仍需要数年才能投入生产,但Lordstown坚称将在9月按计划开始生产该车型。\n半年似乎成了SPAC上市公司的一个生死命门。2020年3月,被业内视为“卡车界特斯拉”的Nikola Corp.宣布通过与SPAC公司VectorIQ Acquisition Corp.反向并购上市。该交易使NikolaCorp.的公司市值达到33亿美元,并筹集约5.25亿美元的运营资金。\n上市仅6个月后,Nikola Corp.爆雷。2020年9月,Hindenburg Research发布报告称, Nikola Corp.公司在产品及技术方面涉嫌造假,不仅该公司并未掌握氢燃料电池的制造技术,其半挂式卡车、电池技术、氢气生产、Nikola One甚至其数十亿美元大订单等诸多方面也存在数十个虚假声明。报告发布后,Nikola执行董事长Trevor Milton宣布了辞职。\n公司高层集体辞职,也拯救不了一路下跌的股价。目前,Nikola Corp.股价在15美元/股上下徘徊,相比被做空前66美元/股的峰值股价已跌去近80%。Nikola Corp.股价走势\n一直以来,上市程序更精简,审查标准更宽松都是SPAC模式备受市场推崇的主要原因。但这也是一把双刃剑,由于上市流程简单、监管相对较松,SPAC上市模式相对缺乏投资银行的严格把关,因而埋藏了较大风险,比如上市标的虚假注资、业务主体不合上市规范等。\n潜在高额回报对创始人和公众投资者具有很强的吸引力,但SPAC财富盲盒游戏的密码只掌握在一小部分人手里。\n“SPAC的本质是创始人的资源变现,因此SPAC在股权结构的设置上天然赋予了创始人以较低成本获取较高比例股权的投资杠杆。”开源证券孙金钜研究团队表示。创始人仅需2.5万美元即可成立一个SPAC,折算下来,普通股每股价格不超过2美分。但“SPAC收购标的具有高度不确定性,公众投资者参与的是潜在收益率颇高的盲盒游戏,而游戏的胜率取决于SPAC创始人”。\n市场快见顶了?30年间SPAC一直在不断演变\n作为一个创新型的金融工具,事实上包括美国在内的世界各国都在“摸着石头过河”,总体上,都处于探索、完善的过程。\n过去的一年把SPAC彻底推上了全球资本市场的风口浪尖。单是2020年一年,共有248家SPAC上市,募资超830亿美元,占美国全年IPO的半壁江山。今年前三个月,SPAC的上市数量和募资金额已经超过去年全年。PE巨头、商界大佬及明星富豪等纷纷涉足SPAC,让这场SPAC快速“出圈”。为了抢夺优质公司,世界各大交易所也在积极推进和完善SPAC机制。新加坡交易所3月31日就引入SPAC机制向公众展开了咨询,预计最快在2021年年中正式公布SPAC框架。有媒体报道,香港交易所也正考虑制定适合香港市场的SPAC框架,目标是在年底迎来首批SPAC。据悉,香港监管机构考虑制定比美国更严格的规则。\n在全球市场的大力推崇之下,SPAC的势头一发不可收拾。热炒之下,市场似乎在透露出见顶的信号。掌管550亿美元资产的对冲基金Marshall Wace的共同创始人、在英国金融界无人不晓的大腕保罗·马歇尔(Paul Marshall)对SPAC泡沫发出警告。他说:“SPAC现象将以糟糕的结局收场,而且很多人会受害。”\n全球金融市场的两大投资泰斗更是毫不留情的批评SPAC。“用别人的钱来赌博。”在今年的股东大会上,巴菲特给SPAC这一上市机制下了如此定义,芒格则直接说这是一种“easy money\"(不义之财),他不喜欢这种用来骗人投资割韭菜的东西。\n但是市场上也不乏支持的声音。对于美国监管层的一系列压制措施,一位名叫Steven Davidoff Solomon的市场观察人士在纽约时报上撰文表示,虽然一些SPAC过于激进或者过早上市,甚至公布错误虚假的商业计划,但是,不能否认的一点是,过去20年SPAC让小公司和新兴成长公司的IPO市场复苏起来。\n自从1993年,美国GKN证券将SPAC推向市场近30年来,SPAC的交易规则制度一直在不断调整完善。比如近期备受关注的另外一位对冲基金大佬Bill Ackman与环球音乐的交易。有媒体报道称Ackman旗下SPAC公司Pershing Square Tontine Holding(PSTH)正在和环球音乐(Universal Music)进行并购方面的磋商,这可能是SPAC狂潮下的最大一笔交易,合并后的新公司估值将达400亿美元。\n这次交易中,Ackman 衍生了一种名为SPARC(特殊目的收购权公司)的新型SPAC形式,解决了SPAC目前运作的一些缺陷,比如在交易完成之前不占用投资者资金。这被认为是SPAC的第三代演变。\n长期来看,美联储的加息政策也是悬在SPAC头上的一把利剑,一旦流动性收紧,二级市场潮水退出,裸泳者也将浮出水面。虽然美国联邦储备委员会在6月16日宣布维持联邦基金利率目标区间在0-0.25%之间不变,符合市场预期。但美联储多数官员预测,加息最早会在2023年到来。","news_type":1,"symbols_score_info":{"PSQ":0.9,"SQQQ":0.9,"QID":0.9,"QQQ":0.9,"TQQQ":0.9,"MNQmain":0.9,"QLD":0.9,"NQmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199205571,"gmtCreate":1620704424493,"gmtModify":1704347059259,"author":{"id":"3582700345515891","authorId":"3582700345515891","name":"bobho","avatar":"https://static.tigerbbs.com/e2793dec827cc42d044e4a48ca80ee8b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582700345515891","idStr":"3582700345515891"},"themes":[],"title":"","htmlText":"Er","listText":"Er","text":"Er","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/199205571","repostId":"2134652431","repostType":4,"isVote":1,"tweetType":1,"viewCount":4091,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104518932,"gmtCreate":1620397559626,"gmtModify":1704343148776,"author":{"id":"3582700345515891","authorId":"3582700345515891","name":"bobho","avatar":"https://static.tigerbbs.com/e2793dec827cc42d044e4a48ca80ee8b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582700345515891","idStr":"3582700345515891"},"themes":[],"title":"","htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104518932","repostId":"2133500490","repostType":4,"isVote":1,"tweetType":1,"viewCount":2991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106109755,"gmtCreate":1620090988677,"gmtModify":1704338484694,"author":{"id":"3582700345515891","authorId":"3582700345515891","name":"bobho","avatar":"https://static.tigerbbs.com/e2793dec827cc42d044e4a48ca80ee8b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582700345515891","idStr":"3582700345515891"},"themes":[],"title":"","htmlText":"Wahh","listText":"Wahh","text":"Wahh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106109755","repostId":"1191810294","repostType":4,"isVote":1,"tweetType":1,"viewCount":3302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108214049,"gmtCreate":1620029866781,"gmtModify":1704337590477,"author":{"id":"3582700345515891","authorId":"3582700345515891","name":"bobho","avatar":"https://static.tigerbbs.com/e2793dec827cc42d044e4a48ca80ee8b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582700345515891","idStr":"3582700345515891"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108214049","repostId":"1135819410","repostType":4,"repost":{"id":"1135819410","kind":"news","pubTimestamp":1619999342,"share":"https://ttm.financial/m/news/1135819410?lang=en_US&edition=fundamental","pubTime":"2021-05-03 07:49","market":"us","language":"en","title":"Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1135819410","media":"Barrons","summary":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their fi","content":"<p>It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.</p><p>On Wednesday, Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings. Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on Friday.</p><p><img src=\"https://static.tigerbbs.com/e1a866fbe5118566e68842053d76e2b9\" tg-width=\"1382\" tg-height=\"750\"></p><p>On the economic calendar this week, the main event will jobs Friday. The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.</p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its Services equivalent on Wednesday.</p><p>Enterprise Products Partners and Estée Lauder release earnings.</p><p>Merck and Public Storage hold virtual investor days.</p><p><b>The Census Bureau</b> reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.</p><p><b>The Institute for Supply</b> Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.</p><p><b>Tuesday 5/4</b></p><p>Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.</p><p>Eli Lilly holds a conference call to discuss its sustainability initiatives.</p><p>Union Pacific holds its 2021 virtual investor day.</p><p><b>Wednesday 5/5</b></p><p>Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.</p><p><b>ADP releases</b> its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.</p><p><b>ISM releases</b> its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.</p><p><b>Thursday 5/6</b></p><p>Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and Zoetishold conference calls to discuss quarterly results.</p><p><b>The Department of Labor</b> reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.</p><p><b>The Bureau of Labor</b> Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.</p><p><b>Friday 5/7</b></p><p><b>The Bureau of Labor</b> Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.</p><p>Cigna and <b>Liberty Media</b> report earnings.</p>","source":"lsy1601382232898","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, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week</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, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-03 07:49 GMT+8 <a href=https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: ...</p>\n\n<a href=\"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","PYPL":"PayPal","UBER":"优步","GM":"通用汽车",".SPX":"S&P 500 Index","TMUS":"T-Mobile US Inc"},"source_url":"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135819410","content_text":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.On Wednesday, Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings. Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on Friday.On the economic calendar this week, the main event will jobs Friday. The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its Services equivalent on Wednesday.Enterprise Products Partners and Estée Lauder release earnings.Merck and Public Storage hold virtual investor days.The Census Bureau reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.The Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.Tuesday 5/4Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.Eli Lilly holds a conference call to discuss its sustainability initiatives.Union Pacific holds its 2021 virtual investor day.Wednesday 5/5Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.ADP releases its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.ISM releases its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.Thursday 5/6Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and Zoetishold conference calls to discuss quarterly results.The Department of Labor reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.The Bureau of Labor Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.Friday 5/7The Bureau of Labor Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.Cigna and Liberty Media report earnings.","news_type":1,"symbols_score_info":{"PYPL":0.9,"VIACP":0.9,"PFE":0.9,"UBER":0.9,"GM":0.9,".SPX":0.9,"TMUS":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108688243,"gmtCreate":1620018691582,"gmtModify":1704337464818,"author":{"id":"3582700345515891","authorId":"3582700345515891","name":"bobho","avatar":"https://static.tigerbbs.com/e2793dec827cc42d044e4a48ca80ee8b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582700345515891","idStr":"3582700345515891"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108688243","repostId":"1180673336","repostType":4,"isVote":1,"tweetType":1,"viewCount":3309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108681571,"gmtCreate":1620018635293,"gmtModify":1704337463686,"author":{"id":"3582700345515891","authorId":"3582700345515891","name":"bobho","avatar":"https://static.tigerbbs.com/e2793dec827cc42d044e4a48ca80ee8b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582700345515891","idStr":"3582700345515891"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108681571","repostId":"1121605010","repostType":4,"isVote":1,"tweetType":1,"viewCount":3071,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108681360,"gmtCreate":1620018581450,"gmtModify":1704337463364,"author":{"id":"3582700345515891","authorId":"3582700345515891","name":"bobho","avatar":"https://static.tigerbbs.com/e2793dec827cc42d044e4a48ca80ee8b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582700345515891","idStr":"3582700345515891"},"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/108681360","repostId":"1135819410","repostType":4,"repost":{"id":"1135819410","kind":"news","pubTimestamp":1619999342,"share":"https://ttm.financial/m/news/1135819410?lang=en_US&edition=fundamental","pubTime":"2021-05-03 07:49","market":"us","language":"en","title":"Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1135819410","media":"Barrons","summary":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their fi","content":"<p>It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.</p><p>On Wednesday, Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings. Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on Friday.</p><p><img src=\"https://static.tigerbbs.com/e1a866fbe5118566e68842053d76e2b9\" tg-width=\"1382\" tg-height=\"750\"></p><p>On the economic calendar this week, the main event will jobs Friday. The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.</p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its Services equivalent on Wednesday.</p><p>Enterprise Products Partners and Estée Lauder release earnings.</p><p>Merck and Public Storage hold virtual investor days.</p><p><b>The Census Bureau</b> reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.</p><p><b>The Institute for Supply</b> Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.</p><p><b>Tuesday 5/4</b></p><p>Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.</p><p>Eli Lilly holds a conference call to discuss its sustainability initiatives.</p><p>Union Pacific holds its 2021 virtual investor day.</p><p><b>Wednesday 5/5</b></p><p>Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.</p><p><b>ADP releases</b> its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.</p><p><b>ISM releases</b> its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.</p><p><b>Thursday 5/6</b></p><p>Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and Zoetishold conference calls to discuss quarterly results.</p><p><b>The Department of Labor</b> reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.</p><p><b>The Bureau of Labor</b> Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.</p><p><b>Friday 5/7</b></p><p><b>The Bureau of Labor</b> Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.</p><p>Cigna and <b>Liberty Media</b> report earnings.</p>","source":"lsy1601382232898","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, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week</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, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-03 07:49 GMT+8 <a href=https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: ...</p>\n\n<a href=\"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","PYPL":"PayPal","UBER":"优步","GM":"通用汽车",".SPX":"S&P 500 Index","TMUS":"T-Mobile US Inc"},"source_url":"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135819410","content_text":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.On Wednesday, Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings. Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on Friday.On the economic calendar this week, the main event will jobs Friday. The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its Services equivalent on Wednesday.Enterprise Products Partners and Estée Lauder release earnings.Merck and Public Storage hold virtual investor days.The Census Bureau reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.The Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.Tuesday 5/4Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.Eli Lilly holds a conference call to discuss its sustainability initiatives.Union Pacific holds its 2021 virtual investor day.Wednesday 5/5Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.ADP releases its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.ISM releases its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.Thursday 5/6Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and Zoetishold conference calls to discuss quarterly results.The Department of Labor reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.The Bureau of Labor Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.Friday 5/7The Bureau of Labor Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.Cigna and Liberty Media report earnings.","news_type":1,"symbols_score_info":{"PYPL":0.9,"VIACP":0.9,"PFE":0.9,"UBER":0.9,"GM":0.9,".SPX":0.9,"TMUS":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}