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KrishA
KrishA
·
2021-07-20
Good 👍🏻
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KrishA
KrishA
·
2021-07-19
What will happen
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KrishA
KrishA
·
2021-07-19
Good news 📰
Nvidia Stock’s Surge Makes Chip Maker 10th-Biggest U.S. Listed Company
Company’s shares are up nearly 80% over the past year. The post-pandemic boom in the semiconductor
Nvidia Stock’s Surge Makes Chip Maker 10th-Biggest U.S. Listed Company
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KrishA
KrishA
·
2021-07-19
Will it grow?
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KrishA
KrishA
·
2021-07-19
What next
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KrishA
KrishA
·
2021-07-19
Liked
Battery tycoon charges ahead in wealth rankings
(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb
Battery tycoon charges ahead in wealth rankings
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KrishA
KrishA
·
2021-07-19
Need vaccine
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KrishA
KrishA
·
2021-07-19
Interesting
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KrishA
KrishA
·
2021-07-18
Ok
Battery tycoon charges ahead in wealth rankings
(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb
Battery tycoon charges ahead in wealth rankings
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KrishA
KrishA
·
2021-07-18
Good…
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📰","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171357461","repostId":"1158140412","repostType":2,"repost":{"id":"1158140412","kind":"news","pubTimestamp":1626706707,"share":"https://www.laohunote.com/m/news/1158140412?lang=&edition=full","pubTime":"2021-07-19 22:58","market":"us","language":"en","title":"Nvidia Stock’s Surge Makes Chip Maker 10th-Biggest U.S. Listed Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1158140412","media":"The Wall Street Journal","summary":"Company’s shares are up nearly 80% over the past year.\n\nThe post-pandemic boom in the semiconductor ","content":"<blockquote>\n Company’s shares are up nearly 80% over the past year.\n</blockquote>\n<p>The post-pandemic boom in the semiconductor business has powered <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> into the top 10 U.S. public companies, joining the likes of <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc. and <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a> & Co.</p>\n<p>Shares of the Santa Clara, Calif., firm have risen nearly 80% over the past year, giving it a market value of around $453 billion. That is more than rivalsIntelCorp.andBroadcomInc.combined.</p>\n<p>Nvidia makes processors that power gaming and cryptocurrency mining. Chip shares have risen in part thanks to a pandemic-inducedglobal shortage of semiconductorsthat has driven up the prices of everything from laptops to automobiles.</p>\n<p><img src=\"https://static.tigerbbs.com/0a2dfc657a7a2e2a9bbe106b6235acdf\" tg-width=\"709\" tg-height=\"550\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/37536c1394d6d2abff0e5bf16fac38f7\" tg-width=\"743\" tg-height=\"521\" referrerpolicy=\"no-referrer\"></p>\n<p>One reason for Nvidia’s outperformance, analysts say, is that its chips’ parallel-computing capabilities make them better than rivals’ for artificial-intelligence performance and mining cryptocurrencies. Nvidia’s graphics processors areused for mining ethereumand the cryptocurrency’s value has soared this year, even after a recent correction.</p>\n<p><img src=\"https://static.tigerbbs.com/a7b124d7af03a69e8f3ff5c70dee93ee\" tg-width=\"755\" tg-height=\"519\" referrerpolicy=\"no-referrer\"></p>\n<p>That surge has exacerbated the shortage of gaming chips. Nvidia plans to sell cards aimed at the crypto market and has employed technical adjustments to make gaming processors less useful to miners. Analysts also expect Nvidia to get a boost from tech and autonomous-vehicle companies using its chips to navigate traffic or track online behavior.</p>\n<p>“The company is the biggest and best supplier of parallel computing,” said Ambrish Srivastava, analyst at BMO Capital Markets. “It’s hard to compete against that.”</p>\n<p>While Nvidia has a leg up in the data-center industry, competitors are catching up, analysts said. The recent slide in crypto also could spur miners to dump their chips on the secondary market, as happened when a previous ethereum skidhit revenue in 2018.</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>Nvidia Stock’s Surge Makes Chip Maker 10th-Biggest U.S. Listed Company</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\">\nNvidia Stock’s Surge Makes Chip Maker 10th-Biggest U.S. Listed Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 22:58 GMT+8 <a href=https://www.wsj.com/articles/nvidia-stocks-surge-makes-chip-maker-10th-biggest-u-s-listed-company-11626696001?mod=markets_lead_pos11><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company’s shares are up nearly 80% over the past year.\n\nThe post-pandemic boom in the semiconductor business has powered NVIDIA Corp into the top 10 U.S. public companies, joining the likes of Apple ...</p>\n\n<a href=\"https://www.wsj.com/articles/nvidia-stocks-surge-makes-chip-maker-10th-biggest-u-s-listed-company-11626696001?mod=markets_lead_pos11\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.wsj.com/articles/nvidia-stocks-surge-makes-chip-maker-10th-biggest-u-s-listed-company-11626696001?mod=markets_lead_pos11","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158140412","content_text":"Company’s shares are up nearly 80% over the past year.\n\nThe post-pandemic boom in the semiconductor business has powered NVIDIA Corp into the top 10 U.S. public companies, joining the likes of Apple Inc. and JPMorgan Chase & Co.\nShares of the Santa Clara, Calif., firm have risen nearly 80% over the past year, giving it a market value of around $453 billion. That is more than rivalsIntelCorp.andBroadcomInc.combined.\nNvidia makes processors that power gaming and cryptocurrency mining. Chip shares have risen in part thanks to a pandemic-inducedglobal shortage of semiconductorsthat has driven up the prices of everything from laptops to automobiles.\n\n\nOne reason for Nvidia’s outperformance, analysts say, is that its chips’ parallel-computing capabilities make them better than rivals’ for artificial-intelligence performance and mining cryptocurrencies. Nvidia’s graphics processors areused for mining ethereumand the cryptocurrency’s value has soared this year, even after a recent correction.\n\nThat surge has exacerbated the shortage of gaming chips. Nvidia plans to sell cards aimed at the crypto market and has employed technical adjustments to make gaming processors less useful to miners. Analysts also expect Nvidia to get a boost from tech and autonomous-vehicle companies using its chips to navigate traffic or track online behavior.\n“The company is the biggest and best supplier of parallel computing,” said Ambrish Srivastava, analyst at BMO Capital Markets. “It’s hard to compete against that.”\nWhile Nvidia has a leg up in the data-center industry, competitors are catching up, analysts said. The recent slide in crypto also could spur miners to dump their chips on the secondary market, as happened when a previous ethereum skidhit revenue in 2018.","news_type":1},"isVote":1,"tweetType":1,"viewCount":585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171354113,"gmtCreate":1626708071532,"gmtModify":1633924730338,"author":{"id":"4088082497944800","authorId":"4088082497944800","name":"KrishA","avatar":"https://static.tigerbbs.com/cf838d687252b4eb6c3b470b4d52ffe9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088082497944800","authorIdStr":"4088082497944800"},"themes":[],"htmlText":"Will it grow?","listText":"Will it grow?","text":"Will it grow?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171354113","repostId":"1111084715","repostType":4,"isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171353239,"gmtCreate":1626707705721,"gmtModify":1633924734102,"author":{"id":"4088082497944800","authorId":"4088082497944800","name":"KrishA","avatar":"https://static.tigerbbs.com/cf838d687252b4eb6c3b470b4d52ffe9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088082497944800","authorIdStr":"4088082497944800"},"themes":[],"htmlText":"What next ","listText":"What next ","text":"What next","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171353239","repostId":"1158146910","repostType":4,"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173805611,"gmtCreate":1626651250433,"gmtModify":1633925333842,"author":{"id":"4088082497944800","authorId":"4088082497944800","name":"KrishA","avatar":"https://static.tigerbbs.com/cf838d687252b4eb6c3b470b4d52ffe9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088082497944800","authorIdStr":"4088082497944800"},"themes":[],"htmlText":"Liked ","listText":"Liked ","text":"Liked","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173805611","repostId":"2152968147","repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://www.laohunote.com/m/news/2152968147?lang=&edition=full","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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; 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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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8 <a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173806211,"gmtCreate":1626651198933,"gmtModify":1633925335907,"author":{"id":"4088082497944800","authorId":"4088082497944800","name":"KrishA","avatar":"https://static.tigerbbs.com/cf838d687252b4eb6c3b470b4d52ffe9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088082497944800","authorIdStr":"4088082497944800"},"themes":[],"htmlText":"Need vaccine ","listText":"Need vaccine ","text":"Need vaccine","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173806211","repostId":"2152811496","repostType":4,"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173800509,"gmtCreate":1626650933201,"gmtModify":1633925339830,"author":{"id":"4088082497944800","authorId":"4088082497944800","name":"KrishA","avatar":"https://static.tigerbbs.com/cf838d687252b4eb6c3b470b4d52ffe9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088082497944800","authorIdStr":"4088082497944800"},"themes":[],"htmlText":"Interesting ","listText":"Interesting ","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/173800509","repostId":"1123755908","repostType":4,"isVote":1,"tweetType":1,"viewCount":741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173326936,"gmtCreate":1626619482425,"gmtModify":1633925457722,"author":{"id":"4088082497944800","authorId":"4088082497944800","name":"KrishA","avatar":"https://static.tigerbbs.com/cf838d687252b4eb6c3b470b4d52ffe9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088082497944800","authorIdStr":"4088082497944800"},"themes":[],"htmlText":"Ok ","listText":"Ok ","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/173326936","repostId":"2152968147","repostType":4,"repost":{"id":"2152968147","kind":"news","pubTimestamp":1626555600,"share":"https://www.laohunote.com/m/news/2152968147?lang=&edition=full","pubTime":"2021-07-18 05:00","market":"sg","language":"en","title":"Battery tycoon charges ahead in wealth rankings","url":"https://stock-news.laohu8.com/highlight/detail?id=2152968147","media":"The Straits Times","summary":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech comb","content":"<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">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>Battery tycoon charges ahead in wealth rankings</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; 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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\">\nBattery tycoon charges ahead in wealth rankings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 05:00 GMT+8 <a href=http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has ...</p>\n\n<a href=\"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"http://www.straitstimes.com/business/invest/battery-tycoon-charges-ahead-in-wealth-rankings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152968147","content_text":"(BLOOMBERG) - Looks like selling car batteries is a better business than e-commerce and fintech combined.\nAfter all, Dr Zeng Yuqun, founder of the world's biggest electric-vehicle battery maker, has overtaken Mr Jack Ma in the wealth rankings, a symbolic moment in the rise of China's green billionaires.\nHis net worth has jumped to US$49.5 billion (S$67 billion), according to the Bloomberg Billionaires Index, as shares of Contemporary Amperex Technology (CATL) surged this year.\nThat exceeds Alibaba Group co-founder Mr Ma's wealth of US$48.1 billion and makes Dr Zeng one of the five richest people in Asia for the first time.\nInvestors have pushed up stocks such as CATL, a key supplier to Tesla, as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n\"The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,\" said Mr Hao Gao, director of Tsinghua University's NIFR Global Family Business Research Centre.\n\"As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.\"\nDr Zeng, 53, who hails from a village in Fujian in south-east China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more than doubled in the first four months of this year from a year earlier, with CATL accounting for 32.5 per cent of the market.\nCATL's stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It is up about 60 per cent this year alone as demand for electric vehicles increases, countries work to reduce carbon emissions and costs tumble.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for its competitor Panasonic.\nIn addition to Tesla, CATL counts BMW and Volkswagen among its customers.\nIn an interview last year, Dr Zeng said he and Tesla chief executive officer Elon Musk text about technology, Covid-19 and Mr Musk's main interest: cheaper batteries and cars.\nDr Zeng, who earned his doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, is not the only billionaire who is benefiting from the surge in CATL's stock. Mr Huang Shilin, a vice-chairman of the company, is worth more than US$21 billion, while Mr Li Ping, who is also a vice-chairman, has a fortune worth US$8.5 billion.\nAs Dr Zeng's star rises, Mr Ma's has been on the wane. The value of Mr Ma's fintech arm Ant Group has plummeted since the former English teacher openly pushed back against Beijing, prompting the Chinese authorities to quash the company's plans for a huge initial public offering. Mr Ma, 56, has all but dropped from public view, and has lost US$2.5 billion in wealth this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173321595,"gmtCreate":1626619422017,"gmtModify":1633925459129,"author":{"id":"4088082497944800","authorId":"4088082497944800","name":"KrishA","avatar":"https://static.tigerbbs.com/cf838d687252b4eb6c3b470b4d52ffe9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088082497944800","authorIdStr":"4088082497944800"},"themes":[],"htmlText":"Good…","listText":"Good…","text":"Good…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173321595","repostId":"1183956332","repostType":4,"isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}