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2ad372ef
2ad372ef
·
2021-08-07
Finally
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2ad372ef
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2021-07-23
Meaning its good time to buy now?
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2ad372ef
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2021-07-08
Will bounce back? Comment and like
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2ad372ef
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2021-07-05
Very volatile this moment
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2ad372ef
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2021-07-02
Like and comment pls
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2ad372ef
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2021-06-30
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Singapore financial sector grew 5.1% in 2020, faster than before Covid-19: MAS annual report
SINGAPORE - Singapore’s financial sector outperformed the overall economy in 2020 by growing at a pa
Singapore financial sector grew 5.1% in 2020, faster than before Covid-19: MAS annual report
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2ad372ef
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2021-06-30
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Singapore financial sector grew 5.1% in 2020, faster than before Covid-19: MAS annual report
SINGAPORE - Singapore’s financial sector outperformed the overall economy in 2020 by growing at a pa
Singapore financial sector grew 5.1% in 2020, faster than before Covid-19: MAS annual report
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2ad372ef
·
2021-06-28
Comment and like
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2ad372ef
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2021-06-28
How come?
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2ad372ef
·
2021-06-28
Yes
SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying
What goes up, must come down. But then it can go up again.
SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying
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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>Singapore financial sector grew 5.1% in 2020, faster than before Covid-19: MAS annual report</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\">\nSingapore financial sector grew 5.1% in 2020, faster than before Covid-19: MAS annual report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 12:00 GMT+8 <a href=http://www.straitstimes.com/business/banking/singapore-financial-sector-grew-51-in-2020-faster-than-before-covid-19-mas-annual><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Singapore’s financial sector outperformed the overall economy in 2020 by growing at a pace that was even faster than 2019, before the onset of the Covid-19 outbreak, the central bank’s ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/singapore-financial-sector-grew-51-in-2020-faster-than-before-covid-19-mas-annual\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/banking/singapore-financial-sector-grew-51-in-2020-faster-than-before-covid-19-mas-annual","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147934899","content_text":"SINGAPORE - Singapore’s financial sector outperformed the overall economy in 2020 by growing at a pace that was even faster than 2019, before the onset of the Covid-19 outbreak, the central bank’s annual report showed.\nThe sector is also on its way for another year of robust growth with the Monetary Authority of Singapore (MAS) estimating expansion in the first half of 2021 at 6 per cent, its managing director Ravi Menon said at a briefing on the report on Wednesday (June 30).\nFinancial services grew by 5.1 per cent last year, supported by broad-based growth across banking, insurance, fund management, and payment services, said MAS. This outstripped the sector’s growth of 4.1 per cent in 2019.\nFintech investments into Singapore posted a strong 34 per cent growth last year to reach a record $1.4 billion, as reported by the Boston Consulting Group.\n“We expect the financial sector to continue to create good jobs this year as well,” said Mr Menon.\nIn his annual message, MAS chairman and Senior Minister Tharman Shanmugaratnam said the sector along with the fintech industry also created a net 2,500 jobs, which were taken up by locals.\nMAS’ concerns at the onset of the Covid-19 crisis that defaults among weaker companies could strain banks’ profitability and capital positions have not materialised, Mr Menon noted.\nHe added that “MAS recognises however that problem loans can take time to surface.”\nAs such, MAS is conducting additional stress tests to assess whether it is necessary to extend the current dividend restrictions on local banks and finance companies, he said.\nMr Menon also reiterated that Singapore’s economic growth this year could exceed the upper end of the official forecast range of between 4 per cent to 6 per cent, barring a setback to the global economy.\n“The broader economy should see a recovery in the second half of this year alongside strengthening global demand and further progress in our vaccination programme,” he said.\nHe added that the Singapore economy has recouped during the first quarter of 2021 the aggregate output loss incurred during the pandemic.\nMr Menon said MAS made a net profit of $5.2 billion in the last financial year and will return half of the profits, or $2.6 billion to the Government while the remainder will be added to MAS’ reserves.\nThe investment return from the Official Foreign Reserves was $8.2 billion, he said.\nThe financial sector’s robust performance was achieved in a year when the Covid-19 pandemic pulled the overall economy down by 5.4 per cent into its worst recession since independence and the unemployment rate rose to 3 per cent, the highest in more than a decade.\n“The banking system entered the crisis from a position of strength. We expect domestic systemically important banks to remain resilient and well positioned to provide a smooth supply of credit to the economy,” said Mr Tharman.\nHe said the financial sector met both the value-added and jobs growth targets in the 5-year Industry Transformation Map (ITM) for 2016-2020.\nTogether with the Institute of Banking and Finance - which was appointed Jobs Development Partner for Financial Services by the National Jobs Council - MAS has sharpened its ability to identify employment patterns amongst financial institutions and to proactively engage them on upskilling and re-skilling their workforce as well as to help Singaporeans enter the industry, he noted.\nHighlighting the central bank's efforts to mitigate the economic impact of the pandemic, Mr Tharman said MAS aimed at maintaining monetary and financial stability and supporting individuals, businesses and financial institutions to manage the challenges.\nThe introduction of the MAS SGD Term Facility and MAS USD Facility helped in managing the stronger demand for SGD and USD liquidity, while collaboration with the financial industry to introduce credit and insurance support measures aided individuals and small and medium-sized enterprises (SMEs) to manage their financial commitments.\nMAS also provided low-cost Singapore dollar funding at 0.1 per cent to support lending by banks and finance companies to SMEs.\nEnhanced training support schemes were introduced to upskill Singaporeans for new jobs in the financial sector, as well as measures to position financial institutions and FinTech firms for stronger growth, Mr Tharman said.\nDespite the disruption caused by the pandemic, MAS moved ahead with its longer-term goals for the financial sector, particularly in digital transformation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153273819,"gmtCreate":1625030257531,"gmtModify":1631889581076,"author":{"id":"4087917543790100","authorId":"4087917543790100","name":"2ad372ef","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087917543790100","authorIdStr":"4087917543790100"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153273819","repostId":"2147934899","repostType":4,"repost":{"id":"2147934899","kind":"news","pubTimestamp":1625025600,"share":"https://www.laohu8.com/m/news/2147934899?lang=&edition=full","pubTime":"2021-06-30 12:00","market":"sg","language":"en","title":"Singapore financial sector grew 5.1% in 2020, faster than before Covid-19: MAS annual report","url":"https://stock-news.laohu8.com/highlight/detail?id=2147934899","media":"The Straits Times","summary":"SINGAPORE - Singapore’s financial sector outperformed the overall economy in 2020 by growing at a pa","content":"<div>\n<p>SINGAPORE - Singapore’s financial sector outperformed the overall economy in 2020 by growing at a pace that was even faster than 2019, before the onset of the Covid-19 outbreak, the central bank’s ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/singapore-financial-sector-grew-51-in-2020-faster-than-before-covid-19-mas-annual\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore financial sector grew 5.1% in 2020, faster than before Covid-19: MAS annual report</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; 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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\">\nSingapore financial sector grew 5.1% in 2020, faster than before Covid-19: MAS annual report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 12:00 GMT+8 <a href=http://www.straitstimes.com/business/banking/singapore-financial-sector-grew-51-in-2020-faster-than-before-covid-19-mas-annual><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Singapore’s financial sector outperformed the overall economy in 2020 by growing at a pace that was even faster than 2019, before the onset of the Covid-19 outbreak, the central bank’s ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/singapore-financial-sector-grew-51-in-2020-faster-than-before-covid-19-mas-annual\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/banking/singapore-financial-sector-grew-51-in-2020-faster-than-before-covid-19-mas-annual","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147934899","content_text":"SINGAPORE - Singapore’s financial sector outperformed the overall economy in 2020 by growing at a pace that was even faster than 2019, before the onset of the Covid-19 outbreak, the central bank’s annual report showed.\nThe sector is also on its way for another year of robust growth with the Monetary Authority of Singapore (MAS) estimating expansion in the first half of 2021 at 6 per cent, its managing director Ravi Menon said at a briefing on the report on Wednesday (June 30).\nFinancial services grew by 5.1 per cent last year, supported by broad-based growth across banking, insurance, fund management, and payment services, said MAS. This outstripped the sector’s growth of 4.1 per cent in 2019.\nFintech investments into Singapore posted a strong 34 per cent growth last year to reach a record $1.4 billion, as reported by the Boston Consulting Group.\n“We expect the financial sector to continue to create good jobs this year as well,” said Mr Menon.\nIn his annual message, MAS chairman and Senior Minister Tharman Shanmugaratnam said the sector along with the fintech industry also created a net 2,500 jobs, which were taken up by locals.\nMAS’ concerns at the onset of the Covid-19 crisis that defaults among weaker companies could strain banks’ profitability and capital positions have not materialised, Mr Menon noted.\nHe added that “MAS recognises however that problem loans can take time to surface.”\nAs such, MAS is conducting additional stress tests to assess whether it is necessary to extend the current dividend restrictions on local banks and finance companies, he said.\nMr Menon also reiterated that Singapore’s economic growth this year could exceed the upper end of the official forecast range of between 4 per cent to 6 per cent, barring a setback to the global economy.\n“The broader economy should see a recovery in the second half of this year alongside strengthening global demand and further progress in our vaccination programme,” he said.\nHe added that the Singapore economy has recouped during the first quarter of 2021 the aggregate output loss incurred during the pandemic.\nMr Menon said MAS made a net profit of $5.2 billion in the last financial year and will return half of the profits, or $2.6 billion to the Government while the remainder will be added to MAS’ reserves.\nThe investment return from the Official Foreign Reserves was $8.2 billion, he said.\nThe financial sector’s robust performance was achieved in a year when the Covid-19 pandemic pulled the overall economy down by 5.4 per cent into its worst recession since independence and the unemployment rate rose to 3 per cent, the highest in more than a decade.\n“The banking system entered the crisis from a position of strength. We expect domestic systemically important banks to remain resilient and well positioned to provide a smooth supply of credit to the economy,” said Mr Tharman.\nHe said the financial sector met both the value-added and jobs growth targets in the 5-year Industry Transformation Map (ITM) for 2016-2020.\nTogether with the Institute of Banking and Finance - which was appointed Jobs Development Partner for Financial Services by the National Jobs Council - MAS has sharpened its ability to identify employment patterns amongst financial institutions and to proactively engage them on upskilling and re-skilling their workforce as well as to help Singaporeans enter the industry, he noted.\nHighlighting the central bank's efforts to mitigate the economic impact of the pandemic, Mr Tharman said MAS aimed at maintaining monetary and financial stability and supporting individuals, businesses and financial institutions to manage the challenges.\nThe introduction of the MAS SGD Term Facility and MAS USD Facility helped in managing the stronger demand for SGD and USD liquidity, while collaboration with the financial industry to introduce credit and insurance support measures aided individuals and small and medium-sized enterprises (SMEs) to manage their financial commitments.\nMAS also provided low-cost Singapore dollar funding at 0.1 per cent to support lending by banks and finance companies to SMEs.\nEnhanced training support schemes were introduced to upskill Singaporeans for new jobs in the financial sector, as well as measures to position financial institutions and FinTech firms for stronger growth, Mr Tharman said.\nDespite the disruption caused by the pandemic, MAS moved ahead with its longer-term goals for the financial sector, particularly in digital transformation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":719,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150182014,"gmtCreate":1624889805738,"gmtModify":1631889581086,"author":{"id":"4087917543790100","authorId":"4087917543790100","name":"2ad372ef","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087917543790100","authorIdStr":"4087917543790100"},"themes":[],"htmlText":"Comment and like","listText":"Comment and like","text":"Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150182014","repostId":"2146339002","repostType":4,"isVote":1,"tweetType":1,"viewCount":589,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150180423,"gmtCreate":1624889629662,"gmtModify":1631889581101,"author":{"id":"4087917543790100","authorId":"4087917543790100","name":"2ad372ef","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087917543790100","authorIdStr":"4087917543790100"},"themes":[],"htmlText":"How come?","listText":"How come?","text":"How come?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150180423","repostId":"1164857677","repostType":4,"isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127964240,"gmtCreate":1624820005680,"gmtModify":1631889581111,"author":{"id":"4087917543790100","authorId":"4087917543790100","name":"2ad372ef","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087917543790100","authorIdStr":"4087917543790100"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127964240","repostId":"1172737444","repostType":4,"repost":{"id":"1172737444","kind":"news","pubTimestamp":1624757040,"share":"https://www.laohu8.com/m/news/1172737444?lang=&edition=full","pubTime":"2021-06-27 09:24","market":"us","language":"en","title":"SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=1172737444","media":"InvestorPlace","summary":"What goes up, must come down. But then it can go up again.","content":"<p><b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.</p>\n<p>This further bolsters SPCE stock’s current out-of-this-world run.</p>\n<p><b>SPCE Stock’s Meteoric Rise</b></p>\n<p>Five weeks ago, this was a $15 stock.</p>\n<p>And even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.</p>\n<p>Virgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.</p>\n<p>Everything is firing on all cylinders at Virgin Galactic.</p>\n<p>We think this is the beginning of Virgin going from “cool concept” to “valuable business.”</p>\n<p>Over the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.</p>\n<p>And the company will be generating billions of dollars in high-margin revenue.</p>\n<p><b>It All Starts Now</b></p>\n<p>The future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.</p>\n<p>There is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.</p>\n<p>And as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.</p>\n<p>SPCE is one of my top picks in the<i>Space Race 2.0</i>megatrend. Long-term, this stock will score investors big returns.</p>\n<p>But it’s not the only high-growth, high-return stock on my radar today.</p>\n<p>In fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.</p>\n<p>These stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.</p>","source":"lsy1606302653667","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>SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying</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\">\nSPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 09:24 GMT+8 <a href=https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172737444","content_text":"Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.\nThis further bolsters SPCE stock’s current out-of-this-world run.\nSPCE Stock’s Meteoric Rise\nFive weeks ago, this was a $15 stock.\nAnd even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.\nVirgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.\nEverything is firing on all cylinders at Virgin Galactic.\nWe think this is the beginning of Virgin going from “cool concept” to “valuable business.”\nOver the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.\nAnd the company will be generating billions of dollars in high-margin revenue.\nIt All Starts Now\nThe future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.\nThere is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.\nAnd as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.\nSPCE is one of my top picks in theSpace Race 2.0megatrend. Long-term, this stock will score investors big returns.\nBut it’s not the only high-growth, high-return stock on my radar today.\nIn fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.\nThese stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}