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Huhubi

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- HuhubiHuhubi
  ·2021-03-15
  Hope so
  Where Will AMC Be in 1 Year?
  The theater operator looks like it has enough money to survive, but movie studios could undercut its
  Where Will AMC Be in 1 Year?
  439 评论
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- HuhubiHuhubi
  ·2021-02-16
  I hope not
  The Great SPAC Debate: Are They In A Bubble?
  The soaring valuations handed out to newly public companies in the initial public offering boom has
  The Great SPAC Debate: Are They In A Bubble?
  439 评论
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- HuhubiHuhubi
  ·2021-02-15
  Wow
  非常抱歉，此主贴已删除
  327 评论
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- HuhubiHuhubi
  ·2021-02-15
  Is Bitcoin sustainable?
  非常抱歉，此主贴已删除
  374 1
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- HuhubiHuhubi
  ·2021-02-13
  Wow
  非常抱歉，此主贴已删除
  311 评论
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- HuhubiHuhubi
  ·2021-02-10
  Hmm
  非常抱歉，此主贴已删除
  277 评论
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- HuhubiHuhubi
  ·2021-02-08
  Hate this stock that caused all the volatility
  GAME OVER?
  Summary Market observers and participants have been temporarily distracted in the past week by the
  GAME OVER?
  447 评论
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- HuhubiHuhubi
  ·2021-02-07
  Bad news
  Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States
  Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stak
  Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States
  485 评论
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- HuhubiHuhubi
  ·2021-02-07
  Boring
  非常抱歉，此主贴已删除
  465 1
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- HuhubiHuhubi
  ·2021-02-07
  Hope it goes up
  非常抱歉，此主贴已删除
  433 评论
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so&nbsp;","listText":"Hope so&nbsp;","text":"Hope so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/322807970","repostId":"1127934735","repostType":4,"repost":{"id":"1127934735","kind":"news","pubTimestamp":1615787526,"share":"https://www.laohu8.com/m/news/1127934735?lang=&edition=full","pubTime":"2021-03-15 13:52","market":"us","language":"en","title":"Where Will AMC Be in 1 Year?","url":"https://stock-news.laohu8.com/highlight/detail?id=1127934735","media":"Motley Fool","summary":"The theater operator looks like it has enough money to survive, but movie studios could undercut its","content":"<p>The theater operator looks like it has enough money to survive, but movie studios could undercut its recovery efforts.</p>\n<p>With&nbsp;<b>AMC Entertainment</b>&nbsp;(NYSE:AMC)&nbsp;reporting fourth-quarter results that,while ugly, were still better than what Wall Street expected, now is a good time to look at where the theater operator could end up this time next year.</p>\n<p>The earnings themselves aren't especially helpful, since it mostly had no business, no revenue, and mounting losses, but the report does provide clues about where AMC is heading and what investors can expect.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef1390495a1043ac5dbc446d3cf48bff\" tg-width=\"2000\" tg-height=\"1335\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Awaiting the grand reopening</b></p>\n<p>AMC's operations were obviously crushed by the COVID-19 pandemic and the strict limitations imposed on movie theaters. But the fact it was able to generate $162 million in revenue even though only 67% of its theaters were open and operating at just 20% to 40% capacity indicates there is still substantial demand for the big-screen experience.</p>\n<p>AMC said some 8 million people visited its cinemas globally (the international situation was even worse, with only 30% of its theaters open), which is just a fraction of pre-pandemic levels but not bad when fighting for survival.</p>\n<p>And on that front, AMC should indeed survive, and could even thrive as a sense of normalcy returns to our everyday activities. A few states are allowing businesses to reopen without restrictions now. Other states are moving more slowly but could end up following suit as the pandemic comes under control.</p>\n<p>Setting the stage</p>\n<p>Movies will be returning to the theaters this year, too. Studios that delayed releasing their films until theaters were mostly up and running again will now do so over the coming months, including a number of much-anticipated potential blockbusters.</p>\n<p>CEO Adam Aron said, \"We look forward to returning to an environment of unfettered movie theater access for our guests, and we are eager to showcase the sizable and widely anticipated slate of new films that our studio partners have to offer.\"</p>\n<p>Long-delayed titles including superhero flicks such as&nbsp;<i>Spider-Man: No Way Home</i>&nbsp;and&nbsp;<i>Black Widow</i>&nbsp;are due to appear later this year, as are sci-fi films like<i>Dune</i>and action movies such as the new James Bond title&nbsp;<i>No Time to Die</i>.</p>\n<p><b>Split decision</b></p>\n<p>Tempering the enthusiasm for their release, however, is that many films will now also be released either to on-demand streaming services only or will simultaneously appear in theaters and on streaming.</p>\n<p><b>Disney</b>&nbsp;(NYSE:DIS)&nbsp;was originally supposed to release the children's movie&nbsp;<i>Raya and the Last Dragon</i>&nbsp;into theaters last November. It got moved to mid-March and became a day-and-date release to theaters and Disney+ as a premium offering, similar to how the company made<i>Mulan</i>available last year.</p>\n<p>Yet the reception it received was lukewarm at best. While AMC carried the movie,<b>Cinemark</b>&nbsp;(NYSE:CNK), the country's third-largest theater chain,refused to show it&nbsp;(presumably because of the release to Disney+, which undercuts the ability of theaters to generate revenue at a particularly vulnerable moment).</p>\n<p>The film only generated around $8 million from the 2,400 or so theaters it was shown in on its opening weekend (no word on how much Disney generated from the pay-per-view showing), which suggests there could still be hiccups for theaters along the way.</p>\n<p>A financial shipwreck</p>\n<p>Yet as Aron detailed in AMC's earning release, the theater operator has taken sufficient steps financially to shore up its ledger sheet to make it through the rest of the year.</p>\n<p>AMC raised approximately $2.2 billion in new debt and equity capital, secured more than $1 billion in concessions from creditors and landlords, sold over $80 million in assets, and was able to convert $600 million worth of debt into equity. It now has $1 billion in cash on hand.</p>\n<p>That should be sufficient capital to keep its theaters operating until the industry gets back on its feet and a steady stream of movies is once again filling screens, but all that restructuring has left AMC's financial situation in much worse shape.</p>\n<p>Fortunately, the bills won't come due for a few years yet, but the theater chain still needs to prove the new normal for Hollywood is one where it can be profitable. Investors would be better off waiting for a sign that's possible and&nbsp;consumers actually wantto return en masse before diving in.</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>Where Will AMC Be in 1 Year?</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\">\nWhere Will AMC Be in 1 Year?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 13:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/14/where-will-amc-be-in-1-year/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The theater operator looks like it has enough money to survive, but movie studios could undercut its recovery efforts.\nWith AMC Entertainment (NYSE:AMC) reporting fourth-quarter results that,while ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/14/where-will-amc-be-in-1-year/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/03/14/where-will-amc-be-in-1-year/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127934735","content_text":"The theater operator looks like it has enough money to survive, but movie studios could undercut its recovery efforts.\nWith AMC Entertainment (NYSE:AMC) reporting fourth-quarter results that,while ugly, were still better than what Wall Street expected, now is a good time to look at where the theater operator could end up this time next year.\nThe earnings themselves aren't especially helpful, since it mostly had no business, no revenue, and mounting losses, but the report does provide clues about where AMC is heading and what investors can expect.\nIMAGE SOURCE: GETTY IMAGES.\nAwaiting the grand reopening\nAMC's operations were obviously crushed by the COVID-19 pandemic and the strict limitations imposed on movie theaters. But the fact it was able to generate $162 million in revenue even though only 67% of its theaters were open and operating at just 20% to 40% capacity indicates there is still substantial demand for the big-screen experience.\nAMC said some 8 million people visited its cinemas globally (the international situation was even worse, with only 30% of its theaters open), which is just a fraction of pre-pandemic levels but not bad when fighting for survival.\nAnd on that front, AMC should indeed survive, and could even thrive as a sense of normalcy returns to our everyday activities. A few states are allowing businesses to reopen without restrictions now. Other states are moving more slowly but could end up following suit as the pandemic comes under control.\nSetting the stage\nMovies will be returning to the theaters this year, too. Studios that delayed releasing their films until theaters were mostly up and running again will now do so over the coming months, including a number of much-anticipated potential blockbusters.\nCEO Adam Aron said, \"We look forward to returning to an environment of unfettered movie theater access for our guests, and we are eager to showcase the sizable and widely anticipated slate of new films that our studio partners have to offer.\"\nLong-delayed titles including superhero flicks such as Spider-Man: No Way Home and Black Widow are due to appear later this year, as are sci-fi films likeDuneand action movies such as the new James Bond title No Time to Die.\nSplit decision\nTempering the enthusiasm for their release, however, is that many films will now also be released either to on-demand streaming services only or will simultaneously appear in theaters and on streaming.\nDisney (NYSE:DIS) was originally supposed to release the children's movie Raya and the Last Dragon into theaters last November. It got moved to mid-March and became a day-and-date release to theaters and Disney+ as a premium offering, similar to how the company madeMulanavailable last year.\nYet the reception it received was lukewarm at best. While AMC carried the movie,Cinemark (NYSE:CNK), the country's third-largest theater chain,refused to show it (presumably because of the release to Disney+, which undercuts the ability of theaters to generate revenue at a particularly vulnerable moment).\nThe film only generated around $8 million from the 2,400 or so theaters it was shown in on its opening weekend (no word on how much Disney generated from the pay-per-view showing), which suggests there could still be hiccups for theaters along the way.\nA financial shipwreck\nYet as Aron detailed in AMC's earning release, the theater operator has taken sufficient steps financially to shore up its ledger sheet to make it through the rest of the year.\nAMC raised approximately $2.2 billion in new debt and equity capital, secured more than $1 billion in concessions from creditors and landlords, sold over $80 million in assets, and was able to convert $600 million worth of debt into equity. It now has $1 billion in cash on hand.\nThat should be sufficient capital to keep its theaters operating until the industry gets back on its feet and a steady stream of movies is once again filling screens, but all that restructuring has left AMC's financial situation in much worse shape.\nFortunately, the bills won't come due for a few years yet, but the theater chain still needs to prove the new normal for Hollywood is one where it can be profitable. Investors would be better off waiting for a sign that's possible and consumers actually wantto return en masse before diving in.","news_type":1},"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382517740,"gmtCreate":1613466730380,"gmtModify":1634553573762,"author":{"id":"3558062658909791","authorId":"3558062658909791","name":"Huhubi","avatar":"https://static.tigerbbs.com/51184698b590a2d3e0ab427a11aaeb88","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558062658909791","authorIdStr":"3558062658909791"},"themes":[],"htmlText":"I hope not","listText":"I hope not","text":"I hope not","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382517740","repostId":"1143750442","repostType":4,"repost":{"id":"1143750442","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1613454014,"share":"https://www.laohu8.com/m/news/1143750442?lang=&edition=full","pubTime":"2021-02-16 13:40","market":"us","language":"en","title":"The Great SPAC Debate: Are They In A Bubble?","url":"https://stock-news.laohu8.com/highlight/detail?id=1143750442","media":"Benzinga","summary":"The soaring valuations handed out to newly public companies in the initial public offering boom has ","content":"<p>The soaring valuations handed out to newly public companies in the initial public offering boom has led some to believe there's an IPO bubble. One part of this potential bubble is the rise in special purpose acquisition companies or SPACs.</p>\n<p>More than half of the IPOs in 2020 were done through SPACs, which are blank check companies created to merge with another firm, taking it public in the process. So is the current market sustainable, or is there indeed a bubble that will pop at some point?</p>\n<p>Many hedge funds have written about the SPAC tend in their recent letters to investors, but most of them are bullish. Sabrepoint has taken a contrarian view, as portfolio manager George Baxter believes there is a bubble. He said in the fund's fourth-quarter letter that they're finding many short opportunities in SPACs.</p>\n<p>Baxter noted that many of the SPACs that held IPOs in 2020 are subject to lockups that will expire at an accelerating rate starting next month. He believes this sudden supply of shares will overwhelm investor enthusiasm for SPACs, creating what he considers to be \"one of the best opportunities on the short side since our inception.\"</p>\n<p>In a recent report, Goldman Sachs analyst Allison Nathan and her team weighed the issues surrounding SPACs and considered whether they are indeed in bubble territory. They looked at whether the entire IPO market is in a bubble and whether just the SPAC part of the IPO market is in a bubble.</p>\n<p><b>Are SPACs In A Bubble?</b></p>\n<p>Nathan spoke to several SPAC experts, including University of Florida Professor Jay Ritter and Stanford Law School Professor Michael Klausner. They agree that the answer to the question of whether SPACs are good investments depends on whether you are talking about pre- or post-merger investors.</p>\n<p>Pre-merger investors usually make strong positive returns with little to no risk, while post-merger investors typically see negative returns and shoulder all the risk associated with SPACs. Klausner argues that the SPAC structure requires substantial dilution and a considerable cost borne almost entirely by post-merger shareholders.</p>\n<p>He doesn't believe such a structure is sustainable and predicts that unless SPACs evolve, they will eventually die out. Klausner also believes the SPAC market is a bubble that's likely to burst. He noted that SPAC share prices jump on mere rumors of a deal. Further, he pointed out that substantial price pops occur on some deal announcements, which he doesn't believe are based on fundamentals.</p>\n<p><b>The Year Of The SPAC</b></p>\n<p>Nathan asked Ritter how the recent IPO boom compares to past cycles. He said the comparison depends on how IPOs are defined. In a typical year in the 1990s, over 300 companies went public, but 165 went public last year, excluding SPACs and foreign companies using ADRs. In the 1990s, SPACs were almost unheard of, but in 2020, there were 248 SPAC IPOs. Including SPACs, there were more than 400 IPOs last year, which is the highest number in two decades.</p>\n<p>Another big difference between the 1990s and the current IPO boom is the fact that many tech companies have been waiting to go public, relying on venture capital instead. However, that trend could be changing, and Ritter said many companies have gotten more motivated to go public due to the high valuations the IPO market has attracted.</p>\n<p>David Kostin and Cormac Conners of Goldman Sachs also talked about 2020 as the year of the SPAC. They highlighted another reason SPACs got so hot last year, which is that SPAC sponsors shifted their focus from value to growth. Between 2010 and 2019, over half of SPAC acquisitions were in the industrials, financials and energy sectors, but last year, 60% of the SPAC mergers completed were in tech, consumer discretionary and healthcare.</p>\n<p>The&nbsp;SPAC market&nbsp;doesn't show any signs of slowing down, so if it is in a bubble, it hasn't reached its popping point yet. Goldman Sachs noted that in the first three weeks of this year, 56 SPACs were brought to market in the U.S.</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>The Great SPAC Debate: Are They In A Bubble?</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\">\nThe Great SPAC Debate: Are They In A Bubble?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-02-16 13:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The soaring valuations handed out to newly public companies in the initial public offering boom has led some to believe there's an IPO bubble. One part of this potential bubble is the rise in special purpose acquisition companies or SPACs.</p>\n<p>More than half of the IPOs in 2020 were done through SPACs, which are blank check companies created to merge with another firm, taking it public in the process. So is the current market sustainable, or is there indeed a bubble that will pop at some point?</p>\n<p>Many hedge funds have written about the SPAC tend in their recent letters to investors, but most of them are bullish. Sabrepoint has taken a contrarian view, as portfolio manager George Baxter believes there is a bubble. He said in the fund's fourth-quarter letter that they're finding many short opportunities in SPACs.</p>\n<p>Baxter noted that many of the SPACs that held IPOs in 2020 are subject to lockups that will expire at an accelerating rate starting next month. He believes this sudden supply of shares will overwhelm investor enthusiasm for SPACs, creating what he considers to be \"one of the best opportunities on the short side since our inception.\"</p>\n<p>In a recent report, Goldman Sachs analyst Allison Nathan and her team weighed the issues surrounding SPACs and considered whether they are indeed in bubble territory. They looked at whether the entire IPO market is in a bubble and whether just the SPAC part of the IPO market is in a bubble.</p>\n<p><b>Are SPACs In A Bubble?</b></p>\n<p>Nathan spoke to several SPAC experts, including University of Florida Professor Jay Ritter and Stanford Law School Professor Michael Klausner. They agree that the answer to the question of whether SPACs are good investments depends on whether you are talking about pre- or post-merger investors.</p>\n<p>Pre-merger investors usually make strong positive returns with little to no risk, while post-merger investors typically see negative returns and shoulder all the risk associated with SPACs. Klausner argues that the SPAC structure requires substantial dilution and a considerable cost borne almost entirely by post-merger shareholders.</p>\n<p>He doesn't believe such a structure is sustainable and predicts that unless SPACs evolve, they will eventually die out. Klausner also believes the SPAC market is a bubble that's likely to burst. He noted that SPAC share prices jump on mere rumors of a deal. Further, he pointed out that substantial price pops occur on some deal announcements, which he doesn't believe are based on fundamentals.</p>\n<p><b>The Year Of The SPAC</b></p>\n<p>Nathan asked Ritter how the recent IPO boom compares to past cycles. He said the comparison depends on how IPOs are defined. In a typical year in the 1990s, over 300 companies went public, but 165 went public last year, excluding SPACs and foreign companies using ADRs. In the 1990s, SPACs were almost unheard of, but in 2020, there were 248 SPAC IPOs. Including SPACs, there were more than 400 IPOs last year, which is the highest number in two decades.</p>\n<p>Another big difference between the 1990s and the current IPO boom is the fact that many tech companies have been waiting to go public, relying on venture capital instead. However, that trend could be changing, and Ritter said many companies have gotten more motivated to go public due to the high valuations the IPO market has attracted.</p>\n<p>David Kostin and Cormac Conners of Goldman Sachs also talked about 2020 as the year of the SPAC. They highlighted another reason SPACs got so hot last year, which is that SPAC sponsors shifted their focus from value to growth. Between 2010 and 2019, over half of SPAC acquisitions were in the industrials, financials and energy sectors, but last year, 60% of the SPAC mergers completed were in tech, consumer discretionary and healthcare.</p>\n<p>The&nbsp;SPAC market&nbsp;doesn't show any signs of slowing down, so if it is in a bubble, it hasn't reached its popping point yet. Goldman Sachs noted that in the first three weeks of this year, 56 SPACs were brought to market in the U.S.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143750442","content_text":"The soaring valuations handed out to newly public companies in the initial public offering boom has led some to believe there's an IPO bubble. One part of this potential bubble is the rise in special purpose acquisition companies or SPACs.\nMore than half of the IPOs in 2020 were done through SPACs, which are blank check companies created to merge with another firm, taking it public in the process. So is the current market sustainable, or is there indeed a bubble that will pop at some point?\nMany hedge funds have written about the SPAC tend in their recent letters to investors, but most of them are bullish. Sabrepoint has taken a contrarian view, as portfolio manager George Baxter believes there is a bubble. He said in the fund's fourth-quarter letter that they're finding many short opportunities in SPACs.\nBaxter noted that many of the SPACs that held IPOs in 2020 are subject to lockups that will expire at an accelerating rate starting next month. He believes this sudden supply of shares will overwhelm investor enthusiasm for SPACs, creating what he considers to be \"one of the best opportunities on the short side since our inception.\"\nIn a recent report, Goldman Sachs analyst Allison Nathan and her team weighed the issues surrounding SPACs and considered whether they are indeed in bubble territory. They looked at whether the entire IPO market is in a bubble and whether just the SPAC part of the IPO market is in a bubble.\nAre SPACs In A Bubble?\nNathan spoke to several SPAC experts, including University of Florida Professor Jay Ritter and Stanford Law School Professor Michael Klausner. They agree that the answer to the question of whether SPACs are good investments depends on whether you are talking about pre- or post-merger investors.\nPre-merger investors usually make strong positive returns with little to no risk, while post-merger investors typically see negative returns and shoulder all the risk associated with SPACs. Klausner argues that the SPAC structure requires substantial dilution and a considerable cost borne almost entirely by post-merger shareholders.\nHe doesn't believe such a structure is sustainable and predicts that unless SPACs evolve, they will eventually die out. Klausner also believes the SPAC market is a bubble that's likely to burst. He noted that SPAC share prices jump on mere rumors of a deal. Further, he pointed out that substantial price pops occur on some deal announcements, which he doesn't believe are based on fundamentals.\nThe Year Of The SPAC\nNathan asked Ritter how the recent IPO boom compares to past cycles. He said the comparison depends on how IPOs are defined. In a typical year in the 1990s, over 300 companies went public, but 165 went public last year, excluding SPACs and foreign companies using ADRs. In the 1990s, SPACs were almost unheard of, but in 2020, there were 248 SPAC IPOs. Including SPACs, there were more than 400 IPOs last year, which is the highest number in two decades.\nAnother big difference between the 1990s and the current IPO boom is the fact that many tech companies have been waiting to go public, relying on venture capital instead. However, that trend could be changing, and Ritter said many companies have gotten more motivated to go public due to the high valuations the IPO market has attracted.\nDavid Kostin and Cormac Conners of Goldman Sachs also talked about 2020 as the year of the SPAC. They highlighted another reason SPACs got so hot last year, which is that SPAC sponsors shifted their focus from value to growth. Between 2010 and 2019, over half of SPAC acquisitions were in the industrials, financials and energy sectors, but last year, 60% of the SPAC mergers completed were in tech, consumer discretionary and healthcare.\nThe SPAC market doesn't show any signs of slowing down, so if it is in a bubble, it hasn't reached its popping point yet. Goldman Sachs noted that in the first three weeks of this year, 56 SPACs were brought to market in the U.S.","news_type":1},"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382127290,"gmtCreate":1613392585810,"gmtModify":1634553778902,"author":{"id":"3558062658909791","authorId":"3558062658909791","name":"Huhubi","avatar":"https://static.tigerbbs.com/51184698b590a2d3e0ab427a11aaeb88","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558062658909791","authorIdStr":"3558062658909791"},"themes":[],"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382127290","repostId":"1179092967","repostType":4,"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382077041,"gmtCreate":1613323115683,"gmtModify":1634553942450,"author":{"id":"3558062658909791","authorId":"3558062658909791","name":"Huhubi","avatar":"https://static.tigerbbs.com/51184698b590a2d3e0ab427a11aaeb88","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558062658909791","authorIdStr":"3558062658909791"},"themes":[],"htmlText":"Is Bitcoin sustainable?","listText":"Is Bitcoin sustainable?","text":"Is Bitcoin sustainable?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/382077041","repostId":"1179092967","repostType":4,"isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386405031,"gmtCreate":1613227557623,"gmtModify":1634554123310,"author":{"id":"3558062658909791","authorId":"3558062658909791","name":"Huhubi","avatar":"https://static.tigerbbs.com/51184698b590a2d3e0ab427a11aaeb88","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558062658909791","authorIdStr":"3558062658909791"},"themes":[],"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/386405031","repostId":"2110049742","repostType":4,"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381317989,"gmtCreate":1612930920641,"gmtModify":1703767083784,"author":{"id":"3558062658909791","authorId":"3558062658909791","name":"Huhubi","avatar":"https://static.tigerbbs.com/51184698b590a2d3e0ab427a11aaeb88","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558062658909791","authorIdStr":"3558062658909791"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381317989","repostId":"1162909934","repostType":4,"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389293496,"gmtCreate":1612775783815,"gmtModify":1703764820237,"author":{"id":"3558062658909791","authorId":"3558062658909791","name":"Huhubi","avatar":"https://static.tigerbbs.com/51184698b590a2d3e0ab427a11aaeb88","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558062658909791","authorIdStr":"3558062658909791"},"themes":[],"htmlText":"Hate this stock that caused all the volatility&nbsp;","listText":"Hate this stock that caused all the volatility&nbsp;","text":"Hate this stock that caused all the volatility","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389293496","repostId":"1112029759","repostType":4,"repost":{"id":"1112029759","kind":"news","pubTimestamp":1612772887,"share":"https://www.laohu8.com/m/news/1112029759?lang=&edition=full","pubTime":"2021-02-08 16:28","market":"us","language":"en","title":"GAME OVER?","url":"https://stock-news.laohu8.com/highlight/detail?id=1112029759","media":"Alpha Sources","summary":"Summary\n\nMarket observers and participants have been temporarily distracted in the past week by the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Market observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of GameStop.</li>\n <li>People with time on their hands, and a stimulus cheque(?), have decided to take a punt.</li>\n <li>In the boring and dusty world of global macro trading, investors' eyes are still focused on the long bond in the U.S.</li>\n</ul>\n<p>Market observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of GameStop(NYSE:GME). It won't be the last time the world stops to watch such an event in the same way that people, who would otherwise never watch a race, are glued to the screen when F1 drivers crash into the barrier or each other. Pundits have tried to turn this into more than it is, but until people turn up with actual pitchforks in front of Mr. Griffin's $60M penthouse pad in Chicago, I am inclined to side with George Pearkes' take on the matter; move on, nothing (much) to see. People with time on their hands, and a stimulus cheque(?), have decided to take a punt. On the face of it, they have been successful, but most will have bought and sold too late to avoid the gut-wrenching losses that are all but inevitable in the context of the kind of volatility, which GameStop has exhibited recently. Meanwhile, in the boring and dusty world of global macro trading, investors' eyes are still focused on the long bond in the U.S., where it is, or isn't, going, and what this means for other asset classes, the economy, not to mention the Fed's reaction function? Friday's NFP report was, as ever, a case in point.</p>\n<p><img src=\"https://static.tigerbbs.com/0806d48b06c52b0a3455cab07a14ea63\" tg-width=\"683\" tg-height=\"842\"><img src=\"https://static.tigerbbs.com/297dbf4221a3446fd377f35f00902c20\" tg-width=\"679\" tg-height=\"841\"><img src=\"https://static.tigerbbs.com/1438069ebc8444d62ddb472ee616f2b6\" tg-width=\"675\" tg-height=\"845\"><img src=\"https://static.tigerbbs.com/2ee09dda230f6474fc308a9e8b76e213\" tg-width=\"679\" tg-height=\"843\"><img src=\"https://static.tigerbbs.com/e16a71ed37b979658ae95643fa504af9\" tg-width=\"673\" tg-height=\"842\"></p>","source":"lsy1612772507148","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>GAME OVER?</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\">\nGAME OVER?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-08 16:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.clausvistesen.com/alphasources-blog/gameover?source=content_type%3Areact%7Cfirst_level_url%3Aarticle%7Csection%3Amain_content%7Cbutton%3Abody_link><strong>Alpha Sources</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMarket observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of ...</p>\n\n<a href=\"http://www.clausvistesen.com/alphasources-blog/gameover?source=content_type%3Areact%7Cfirst_level_url%3Aarticle%7Csection%3Amain_content%7Cbutton%3Abody_link\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"source_url":"http://www.clausvistesen.com/alphasources-blog/gameover?source=content_type%3Areact%7Cfirst_level_url%3Aarticle%7Csection%3Amain_content%7Cbutton%3Abody_link","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112029759","content_text":"Summary\n\nMarket observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of GameStop.\nPeople with time on their hands, and a stimulus cheque(?), have decided to take a punt.\nIn the boring and dusty world of global macro trading, investors' eyes are still focused on the long bond in the U.S.\n\nMarket observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of GameStop(NYSE:GME). It won't be the last time the world stops to watch such an event in the same way that people, who would otherwise never watch a race, are glued to the screen when F1 drivers crash into the barrier or each other. Pundits have tried to turn this into more than it is, but until people turn up with actual pitchforks in front of Mr. Griffin's $60M penthouse pad in Chicago, I am inclined to side with George Pearkes' take on the matter; move on, nothing (much) to see. People with time on their hands, and a stimulus cheque(?), have decided to take a punt. On the face of it, they have been successful, but most will have bought and sold too late to avoid the gut-wrenching losses that are all but inevitable in the context of the kind of volatility, which GameStop has exhibited recently. Meanwhile, in the boring and dusty world of global macro trading, investors' eyes are still focused on the long bond in the U.S., where it is, or isn't, going, and what this means for other asset classes, the economy, not to mention the Fed's reaction function? Friday's NFP report was, as ever, a case in point.","news_type":1},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389372396,"gmtCreate":1612704123615,"gmtModify":1703764380371,"author":{"id":"3558062658909791","authorId":"3558062658909791","name":"Huhubi","avatar":"https://static.tigerbbs.com/51184698b590a2d3e0ab427a11aaeb88","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558062658909791","authorIdStr":"3558062658909791"},"themes":[],"htmlText":"Bad news&nbsp;","listText":"Bad news&nbsp;","text":"Bad news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389372396","repostId":"1142907763","repostType":4,"repost":{"id":"1142907763","kind":"news","pubTimestamp":1612514969,"share":"https://www.laohu8.com/m/news/1142907763?lang=&edition=full","pubTime":"2021-02-05 16:49","market":"us","language":"en","title":"Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States","url":"https://stock-news.laohu8.com/highlight/detail?id=1142907763","media":"globenewswire","summary":"Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stak","content":"<p><i>Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations</i></p>\n<p><i>All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected</i></p>\n<p><i>Company Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees</i></p>\n<p>BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez &amp; Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez &amp; Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.</p>\n<p>The Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.</p>\n<p>All Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.</p>\n<p>______</p>\n<p>1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.</p>\n<p><b>Safe Harbor Statement</b></p>\n<p>This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p>\n<p><b>About Luckin Coffee Inc.</b></p>\n<p>Luckin Coffee Inc.&nbsp;(OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in&nbsp;China. </p>","source":"lsy1573717531661","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>Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLuckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 16:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.globenewswire.com/news-release/2021/02/05/2170477/0/en/Luckin-Coffee-s-Restructuring-Efforts-Move-Forward-with-Commencement-of-its-Chapter-15-Case-in-the-United-States.html><strong>globenewswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations\nAll Company Stores...</p>\n\n<a href=\"http://www.globenewswire.com/news-release/2021/02/05/2170477/0/en/Luckin-Coffee-s-Restructuring-Efforts-Move-Forward-with-Commencement-of-its-Chapter-15-Case-in-the-United-States.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3d12f820102df1859c1d25e4011ee104","relate_stocks":{"LKNCY":"瑞幸咖啡"},"source_url":"http://www.globenewswire.com/news-release/2021/02/05/2170477/0/en/Luckin-Coffee-s-Restructuring-Efforts-Move-Forward-with-Commencement-of-its-Chapter-15-Case-in-the-United-States.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142907763","content_text":"Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations\nAll Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected\nCompany Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees\nBEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez & Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.\nThe Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.\nAll Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.\n______\n1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.\nSafe Harbor Statement\nThis announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.\nAbout Luckin Coffee Inc.\nLuckin Coffee Inc. (OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in China.","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389376983,"gmtCreate":1612703753942,"gmtModify":1703764379339,"author":{"id":"3558062658909791","authorId":"3558062658909791","name":"Huhubi","avatar":"https://static.tigerbbs.com/51184698b590a2d3e0ab427a11aaeb88","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558062658909791","authorIdStr":"3558062658909791"},"themes":[],"htmlText":"Boring&nbsp;","listText":"Boring&nbsp;","text":"Boring","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/389376983","repostId":"2109727286","repostType":4,"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389371981,"gmtCreate":1612703101243,"gmtModify":1703764376244,"author":{"id":"3558062658909791","authorId":"3558062658909791","name":"Huhubi","avatar":"https://static.tigerbbs.com/51184698b590a2d3e0ab427a11aaeb88","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558062658909791","authorIdStr":"3558062658909791"},"themes":[],"htmlText":"Hope it goes up&nbsp;","listText":"Hope it goes up&nbsp;","text":"Hope it goes up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389371981","repostId":"2109727286","repostType":4,"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}