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2021-07-13

Zan

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2021-06-23

?

Missfresh's pricing range is $13-16 per ADS, with existing shareholders continuing to increase their investments.

2021-06-19

Lihai

SPACs, a global blind box game of wealth where people are feeling their way across the river.

2021-06-19

Good

The Biden administration has completed 300 million doses of vaccine, challenging its 70% adult vaccination target.

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22:34","market":"us","language":"zh","title":"Missfresh's pricing range is $13-16 per ADS, with existing shareholders continuing to increase their investments.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142464181","media":"老虎资讯综合","summary":"北京时间6月22日晚间消息，每日优鲜更新F-1招股书，计划公开发行2100万股美国存托股票（ADS），定价区间为13-16美元/ADS。\n现有股东中金、腾讯、美国长线基金Davis等将持续加码，购买至","content":"<p>Beijing time, June 22nd evening news,<a href=\"https://laohu8.com/S/MF\">Missfresh</a>The F-1 prospectus has been updated, with plans to publicly offer 21 million American Depositary Shares (ADSs) at a price range of $13-16 per ADS.</p><p>Existing shareholders: CICC<a href=\"https://laohu8.com/S/00700\">Tencent</a>US long-term fund Davis and others will continue to increase their investments, purchasing up to $90 million worth of ADSs.</p><p>According to the prospectus, Missfresh's net revenue was approximately RMB 3.5467 billion, RMB 6.0014 billion, and RMB 6.1304 billion in 2018, 2018, and 2020, respectively. For the three months ended March 31, 2020, Missfresh's net revenue was RMB 1.6898 billion, and for the three months ended March 31, 2021, net revenue was RMB 1.5302 billion.</p><p>The prospectus also shows that Missfresh's gross profit was RMB 304 million in 2018, increased by 71.3% to RMB 520.9 million in 2019, and increased by another 128.5% to RMB 1.1904 billion in 2020. For the three months ended March 31, 2020, Missfresh's gross profit was RMB 510.8 million, compared to RMB 189 million in the same period of 2021.</p><p>From 2018 to 2020, Missfresh's net losses were RMB 2.2316 billion, RMB 2.9094 billion, and RMB 1.649.2 billion, respectively. For the quarter ending March 31, 2020, Missfresh reported a net loss of 194.7 million yuan, compared to a loss of 610.3 million yuan in the same period of 2021. In 2018, 2019 and 2020, Missfresh's adjusted net loss (non-GAAP standard) was RMB 2.215.9 billion, RMB 2.777 billion and RMB 1.5897 billion, respectively. For the quarter ending March 31, 2020, Missfresh reported an adjusted net loss of RMB 175.8 million, compared to a loss of RMB 598.4 million in the same period of 2021.</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>Missfresh's pricing range is $13-16 per ADS, with existing shareholders continuing to increase their investments.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMissfresh's pricing range is $13-16 per ADS, with existing shareholders continuing to increase their investments.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-22 22:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Beijing time, June 22nd evening news,<a href=\"https://laohu8.com/S/MF\">Missfresh</a>The F-1 prospectus has been updated, with plans to publicly offer 21 million American Depositary Shares (ADSs) at a price range of $13-16 per ADS.</p><p>Existing shareholders: CICC<a href=\"https://laohu8.com/S/00700\">Tencent</a>US long-term fund Davis and others will continue to increase their investments, purchasing up to $90 million worth of ADSs.</p><p>According to the prospectus, Missfresh's net revenue was approximately RMB 3.5467 billion, RMB 6.0014 billion, and RMB 6.1304 billion in 2018, 2018, and 2020, respectively. For the three months ended March 31, 2020, Missfresh's net revenue was RMB 1.6898 billion, and for the three months ended March 31, 2021, net revenue was RMB 1.5302 billion.</p><p>The prospectus also shows that Missfresh's gross profit was RMB 304 million in 2018, increased by 71.3% to RMB 520.9 million in 2019, and increased by another 128.5% to RMB 1.1904 billion in 2020. For the three months ended March 31, 2020, Missfresh's gross profit was RMB 510.8 million, compared to RMB 189 million in the same period of 2021.</p><p>From 2018 to 2020, Missfresh's net losses were RMB 2.2316 billion, RMB 2.9094 billion, and RMB 1.649.2 billion, respectively. For the quarter ending March 31, 2020, Missfresh reported a net loss of 194.7 million yuan, compared to a loss of 610.3 million yuan in the same period of 2021. In 2018, 2019 and 2020, Missfresh's adjusted net loss (non-GAAP standard) was RMB 2.215.9 billion, RMB 2.777 billion and RMB 1.5897 billion, respectively. For the quarter ending March 31, 2020, Missfresh reported an adjusted net loss of RMB 175.8 million, compared to a loss of RMB 598.4 million in the same period of 2021.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1bc6d948584260429c150c1dd44a898f","relate_stocks":{"MF":"MindForge Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142464181","content_text":"北京时间6月22日晚间消息，每日优鲜更新F-1招股书，计划公开发行2100万股美国存托股票（ADS），定价区间为13-16美元/ADS。\n现有股东中金、腾讯、美国长线基金Davis等将持续加码，购买至多价值9000万美元的ADS。\n招股书显示，每日优鲜2018年-2020年的净营收分别约为35.467亿元， 60.014亿元，61.304亿元。截止2020年3月31日的三个月，每日优鲜的净营收为16.898亿元，截止2021年3月31日的三个月，净营收为15.302亿元。\n招股书还显示，每日优鲜的毛利润在2018年为3.04亿元，2019年增长71.3%了至5.209亿元，2020年再增长128.5%，达到11.904亿元。截止2020年3月31日的三个月，每日优鲜的毛利为5.108亿元，2021年的同期为1.89亿元。\n2018年至2020年，每日优鲜净亏损分别为22.316亿元，29.094亿元、16.492亿元。截止2020年3月31日的一个季度，每日优鲜净亏损1.947亿元，2021年同期亏损6.103亿元。2018年、2019年和2020年，每日优鲜的调整后净亏损（非GAAP标准）分别为22.159亿元、27.77亿元、15.897亿元。截止2020年3月31日的一个季度，每日优鲜调整后净亏损为1.758亿元，2021年同期亏损5.984亿元。","news_type":1,"symbols_score_info":{"MF":0.9}},"isVote":1,"tweetType":1,"viewCount":5890,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165822999,"gmtCreate":1624118303411,"gmtModify":1703829050441,"author":{"id":"3584652354468235","authorId":"3584652354468235","name":"moon88","avatar":"https://static.tigerbbs.com/1fd191b51024ac1ae2bdcf80d743ab78","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584652354468235","idStr":"3584652354468235"},"themes":[],"title":"","htmlText":"Lihai&nbsp;","listText":"Lihai&nbsp;","text":"Lihai","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165822999","repostId":"2144154703","repostType":4,"repost":{"id":"2144154703","kind":"highlight","pubTimestamp":1624085563,"share":"https://ttm.financial/m/news/2144154703?lang=en_US&edition=fundamental","pubTime":"2021-06-19 14:52","market":"hk","language":"zh","title":"SPACs, a global blind box game of wealth where people are feeling their way across the river.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144154703","media":"智通财经网","summary":"这段时间，SPAC的狂热已经引起市场警惕，美国监管层正在有意进行监管规则的调整。长期来看，相关政策调整、流动性大幅收紧等都将是SPAC未来发展的重大不确定性因素。","content":"<p>After a booming first quarter, the frenzied SPAC market cooled down in just two months. After reaching a record high of 110 SPAC IPOs in March 2021, the number plummeted to 13 in April and 19 in May.<img src=\"https://static.tigerbbs.com/bcc02404cd4816379f86b57e2674e2aa\" tg-width=\"1080\" tg-height=\"616\" referrerpolicy=\"no-referrer\">Number of SPAC IPOs in the past year (Chart by Titanium Media)</p><p>The fierce influx of hot money has driven SPACs to surge since 2020, and now the market is beginning to return to normal. In 2020, a total of 248 SPACs went public on the U.S. stock market, raising a total of more than $84 billion, exceeding the total amount raised by SPACs in previous years. The market remained hot in the first quarter of 2021, with 308 SPAC IPOs, exceeding the total for the entire previous year, raising $99.6 billion, far exceeding traditional IPOs.</p><p>SPACs seem to be trending towards disrupting the traditional IPO market, but extremes always backfire, and signs of the market peaking are beginning to emerge. The recent frenzy surrounding SPACs has raised market concerns, and US regulators are intentionally adjusting regulatory rules. In the long run, policy adjustments and a significant tightening of liquidity will be major uncertainties for the future development of SPACs.</p><p>As an innovative financial instrument, there is equal support and opposition to SPACs. In fact, countries around the world, including the United States, are \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement. Looking back at the history of SPACs, they have been adapting to the development of the capital market by continuously optimizing their systems and improving their trading rules.</p><p>A precipitous drop occurred, with the number of Spacipos falling from 110 to 14 in a single month.</p><p>In the past two months, the SEC (Securities and Exchange Commission) has issued new accounting guidelines for SPACs (Special Purpose Acquisition Companies), which have instantly calmed down the SPAC market. On April 12, the U.S. SEC announced that Warrants sold by SPACs should be classified as liabilities rather than equity.</p><p>A Warrant is a right that a public investor can exchange for one share of common stock at a fixed price in the future. From an accounting perspective, these types of warrants were previously classified as \"equity,\" and investors in SPACs purchased them at a specific price to obtain huge returns.</p><p>Since they are liabilities, the promoters need to regularly account for the value of the warrants, which clearly increases the procedural burden for SPAC promoters who seek simplicity. This means that if the value of warrants fluctuates significantly, the affected SPACs will have to restate their financial performance. In other words, if you have already completed your financial statements, initiated a reverse merger and acquisition application, and begun the merger and acquisition process, then you may need to redo your financial statements in accordance with the new requirements.</p><p>The impact of this move on the market was like pouring cold water on its head. Statistics show that the number of newly established SPACs plummeted in April, from a historical peak of 110 in March to 13 in April, and only 19 in May. Many companies have suspended their SPAC listing applications and begun to readjust their accounting standards.</p><p>Since 2020, the SPAC market has been booming like never before, raising the alarm of overseas regulators. The SEC had previously warned SPAC investors multiple times. In early April, an SEC official said that SPACs had \"some significant but undiscovered\" problems.</p><p>In March, the SEC warned investors that they should not invest in SPACs simply because they are celebrities among their sponsors. Some market analysts have even called SPACs \"the crystallization of wisdom in this era of short-sighted IPOs, a solution after a large number of unicorns were accumulated during the era of massive monetary easing over the past decade, and the king of this round of bubbles.\"</p><p>\"In the past, going public to raise money required going through the IPO process. Why not just give out accounts to retail investors?\", \"Capital's empty promise game is essentially just exploiting retail investors\", \"Getting something for nothing\". This has always been a blind box game for ordinary investors' wealth. SPAC listed car companies have become the hardest hit by collapses. There are widespread doubts about SPACs, this new type of financial instrument.</p><p>In the wealth blind box game, SPAC-listed automakers have become the hardest hit by collapses.</p><p>Beyond the regulatory blow, the brutal market is also becoming an alchemical stone for SPACs. Recently, several new energy vehicle companies in the United States have been exposed for alleged fraud. Most of them went public in 2020 through the SPAC model, and then collapsed one after another within about six months.</p><p>On June 16, according to foreign media reports, Lordstown Motors, a US-listed startup new energy vehicle company, announced that its CEO Steve Burns and CFO Julio Rodriguez have resigned. In October 2020, Lordstown went public on the Nasdaq Stock Exchange through a SPAC under the ticker symbol \"RIDE\".</p><p>On its first day of trading, Lordstown's stock price rose by nearly 20%, but in March of this year, short-selling firm Hindenburg Research accused Lordstown of using fake orders to raise funds for its Endurance electric pickup truck. The pickup truck will still be several years away from production, but Lordstown insists that production of the model will begin as planned in September.</p><p>Six months seems to have become a life-or-death criterion for SPAC listed companies. In March 2020, it was regarded by the industry as the \"truck industry\".<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Nikola Corp. announced its IPO through a reverse merger and Acquisition with SPAC company VectorIQ Acquisition Corp. The deal brings NikolaCorp.'s corporate market capitalization to $3.3 billion and raises approximately $525 million in working capital.</p><p>Just six months after its listing, Nikola Corp. collapsed. In September 2020, Hindenburg Research released a report stating that Nikola Corp. was suspected of falsifying products and technologies. Not only did the company not master the manufacturing technology for hydrogen fuel cells, but it also made dozens of false statements in many aspects, including its semi-trailer trucks, battery technology, hydrogen production, Nikola One, and even its multi-billion dollar orders. Following the release of the report, Nikola Executive Chairman Trevor Milton announced his resignation.</p><p>The collective resignation of the company's senior executives could not save the plummeting stock price. Currently, Nikola Corp.'s stock price is hovering around $15 per share, a drop of nearly 80% from its peak price of $66 per share before being shorted.<img src=\"https://static.tigerbbs.com/9ec57d3a166878fc396f28f04648875f\" tg-width=\"913\" tg-height=\"555\" referrerpolicy=\"no-referrer\">Nicholas Corp. Stock price trend</p><p>The streamlined listing process and more lenient review standards have always been the main reasons why the SPAC model is so popular in the market. However, this is also a double-edged sword. Due to the simple listing process and relatively lax regulation, the SPAC listing model lacks the strict oversight of investment banks, thus harboring significant risks, such as false capital injection by the listed target and business entities not complying with listing regulations.</p><p>The potential for high returns is very attractive to founders and public investors, but the secrets to the SPAC wealth blind box game are only in the hands of a small number of people.</p><p>\"The essence of a SPAC is the monetization of the founder's resources. Therefore, the equity structure of a SPAC naturally gives the founder the investment leverage to acquire a higher proportion of equity at a lower cost,\" said the Sun Jinju research team at Open Source Securities. Founders can set up a SPAC with just $25,000, which translates to no more than 2 cents per share of common stock. However, \"the target of a SPAC acquisition is highly uncertain. Public investors are participating in a blind box game with high potential returns, and the success rate of the game depends on the SPAC founder.\"</p><p>Is the market about to peak? SPACs have been evolving over the past 30 years</p><p>As an innovative financial instrument, countries around the world, including the United States, are actually \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement.</p><p>The past year has thrust SPACs into the spotlight of global capital markets. In 2020 alone, 248 SPACs went public, raising over $83 billion, accounting for half of all IPOs in the United States that year. In the first three months of this year, the number of SPACs listed and the amount of funds raised have exceeded the total amount of last year. Private equity giants, business tycoons, and celebrities have all gotten involved in SPACs, making this SPAC quickly \"go viral\".<img src=\"https://static.tigerbbs.com/e3935d6372e6d7a6d74f92c250589da9\" tg-width=\"648\" tg-height=\"368\" referrerpolicy=\"no-referrer\">In order to compete for high-quality companies, major exchanges around the world are also actively promoting and improving the SPAC mechanism.<a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>On March 31, a public consultation was launched regarding the introduction of the SPAC mechanism, and the SPAC framework is expected to be officially announced as early as mid-2021. Some media reports,<a href=\"https://laohu8.com/S/00388\">Hong Kong Stock Exchange</a>We are also considering developing a SPAC framework suitable for the Hong Kong market, with the goal of launching the first batch of SPACs by the end of the year. It is understood that Hong Kong regulators are considering formulating stricter rules than those in the United States.</p><p>With strong support from the global market, the momentum of SPACs has been unstoppable. Amidst the frenzy, the market seems to be showing signs of peaking. Co-founder of Marshall Wace, a hedge fund managing $55 billion in assets, based in the UK.<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Paul Marshall, a household name, warned about the SPAC bubble. He said, \"The SPAC phenomenon will end badly, and many people will suffer.\"</p><p>Two major investment giants in the global financial markets have been relentless in criticizing SPACs. \"Gambling with other people's money.\" At this year's shareholders' meeting, Buffett defined the SPAC listing mechanism in this way, while Munger directly called it a kind of \"easy money\" (ill-gotten gains). He doesn't like things that are used to deceive investors and exploit retail investors.</p><p>However, there are also voices of support in the market. Regarding the series of repressive measures taken by US regulators, a market observer named Steven Davidoff Solomon...<a href=\"https://laohu8.com/S/NYT\">New York times</a>The article states that although some SPACs are too aggressive or go public too early, or even announce erroneous and false business plans, it cannot be denied that SPACs have revived the IPO market for small and emerging growth companies over the past 20 years.</p><p>Since GKN Securities launched SPACs into the market in 1993, nearly 30 years ago, the trading rules and regulations for SPACs have been constantly being adjusted and improved. For example, the recent deal between another hedge fund tycoon, Bill Ackman, and Universal Music, which has attracted much attention. Media reports indicate that Ackman's SPAC, Pershing Square Tontine Holding (PSTH), is in talks with Universal Music regarding a merger. This could be the largest deal in the SPAC frenzy, with the combined company valued at $40 billion.</p><p>In this transaction, Ackman created a new type of SPAC called SPARC (Special Purpose Acquisition Rights Company), which addresses some of the current shortcomings of SPACs, such as not tiing up investor funds until the transaction is completed. This is considered the third generation evolution of SPACs.</p><p>In the long run, the Federal Reserve's rate hike policy is also a sharp sword hanging over SPACs. Once a liquidity tightening occurs, the secondary market tide will recede, and the naked swimmers will also surface. Although the Federal Reserve announced on June 16 that it would maintain the Federal Funds rate target range at 0-0.25%, which was in line with market expectations. However, most Federal Reserve officials predict that rate hike will arrive as early as 2023.</p>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPACs, a global blind box game of wealth where people are feeling their way across the river.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPACs, a global blind box game of wealth where people are feeling their way across the river.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-06-19 14:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a booming first quarter, the frenzied SPAC market cooled down in just two months. After reaching a record high of 110 SPAC IPOs in March 2021, the number plummeted to 13 in April and 19 in May.<img src=\"https://static.tigerbbs.com/bcc02404cd4816379f86b57e2674e2aa\" tg-width=\"1080\" tg-height=\"616\" referrerpolicy=\"no-referrer\">Number of SPAC IPOs in the past year (Chart by Titanium Media)</p><p>The fierce influx of hot money has driven SPACs to surge since 2020, and now the market is beginning to return to normal. In 2020, a total of 248 SPACs went public on the U.S. stock market, raising a total of more than $84 billion, exceeding the total amount raised by SPACs in previous years. The market remained hot in the first quarter of 2021, with 308 SPAC IPOs, exceeding the total for the entire previous year, raising $99.6 billion, far exceeding traditional IPOs.</p><p>SPACs seem to be trending towards disrupting the traditional IPO market, but extremes always backfire, and signs of the market peaking are beginning to emerge. The recent frenzy surrounding SPACs has raised market concerns, and US regulators are intentionally adjusting regulatory rules. In the long run, policy adjustments and a significant tightening of liquidity will be major uncertainties for the future development of SPACs.</p><p>As an innovative financial instrument, there is equal support and opposition to SPACs. In fact, countries around the world, including the United States, are \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement. Looking back at the history of SPACs, they have been adapting to the development of the capital market by continuously optimizing their systems and improving their trading rules.</p><p>A precipitous drop occurred, with the number of Spacipos falling from 110 to 14 in a single month.</p><p>In the past two months, the SEC (Securities and Exchange Commission) has issued new accounting guidelines for SPACs (Special Purpose Acquisition Companies), which have instantly calmed down the SPAC market. On April 12, the U.S. SEC announced that Warrants sold by SPACs should be classified as liabilities rather than equity.</p><p>A Warrant is a right that a public investor can exchange for one share of common stock at a fixed price in the future. From an accounting perspective, these types of warrants were previously classified as \"equity,\" and investors in SPACs purchased them at a specific price to obtain huge returns.</p><p>Since they are liabilities, the promoters need to regularly account for the value of the warrants, which clearly increases the procedural burden for SPAC promoters who seek simplicity. This means that if the value of warrants fluctuates significantly, the affected SPACs will have to restate their financial performance. In other words, if you have already completed your financial statements, initiated a reverse merger and acquisition application, and begun the merger and acquisition process, then you may need to redo your financial statements in accordance with the new requirements.</p><p>The impact of this move on the market was like pouring cold water on its head. Statistics show that the number of newly established SPACs plummeted in April, from a historical peak of 110 in March to 13 in April, and only 19 in May. Many companies have suspended their SPAC listing applications and begun to readjust their accounting standards.</p><p>Since 2020, the SPAC market has been booming like never before, raising the alarm of overseas regulators. The SEC had previously warned SPAC investors multiple times. In early April, an SEC official said that SPACs had \"some significant but undiscovered\" problems.</p><p>In March, the SEC warned investors that they should not invest in SPACs simply because they are celebrities among their sponsors. Some market analysts have even called SPACs \"the crystallization of wisdom in this era of short-sighted IPOs, a solution after a large number of unicorns were accumulated during the era of massive monetary easing over the past decade, and the king of this round of bubbles.\"</p><p>\"In the past, going public to raise money required going through the IPO process. Why not just give out accounts to retail investors?\", \"Capital's empty promise game is essentially just exploiting retail investors\", \"Getting something for nothing\". This has always been a blind box game for ordinary investors' wealth. SPAC listed car companies have become the hardest hit by collapses. There are widespread doubts about SPACs, this new type of financial instrument.</p><p>In the wealth blind box game, SPAC-listed automakers have become the hardest hit by collapses.</p><p>Beyond the regulatory blow, the brutal market is also becoming an alchemical stone for SPACs. Recently, several new energy vehicle companies in the United States have been exposed for alleged fraud. Most of them went public in 2020 through the SPAC model, and then collapsed one after another within about six months.</p><p>On June 16, according to foreign media reports, Lordstown Motors, a US-listed startup new energy vehicle company, announced that its CEO Steve Burns and CFO Julio Rodriguez have resigned. In October 2020, Lordstown went public on the Nasdaq Stock Exchange through a SPAC under the ticker symbol \"RIDE\".</p><p>On its first day of trading, Lordstown's stock price rose by nearly 20%, but in March of this year, short-selling firm Hindenburg Research accused Lordstown of using fake orders to raise funds for its Endurance electric pickup truck. The pickup truck will still be several years away from production, but Lordstown insists that production of the model will begin as planned in September.</p><p>Six months seems to have become a life-or-death criterion for SPAC listed companies. In March 2020, it was regarded by the industry as the \"truck industry\".<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Nikola Corp. announced its IPO through a reverse merger and Acquisition with SPAC company VectorIQ Acquisition Corp. The deal brings NikolaCorp.'s corporate market capitalization to $3.3 billion and raises approximately $525 million in working capital.</p><p>Just six months after its listing, Nikola Corp. collapsed. In September 2020, Hindenburg Research released a report stating that Nikola Corp. was suspected of falsifying products and technologies. Not only did the company not master the manufacturing technology for hydrogen fuel cells, but it also made dozens of false statements in many aspects, including its semi-trailer trucks, battery technology, hydrogen production, Nikola One, and even its multi-billion dollar orders. Following the release of the report, Nikola Executive Chairman Trevor Milton announced his resignation.</p><p>The collective resignation of the company's senior executives could not save the plummeting stock price. Currently, Nikola Corp.'s stock price is hovering around $15 per share, a drop of nearly 80% from its peak price of $66 per share before being shorted.<img src=\"https://static.tigerbbs.com/9ec57d3a166878fc396f28f04648875f\" tg-width=\"913\" tg-height=\"555\" referrerpolicy=\"no-referrer\">Nicholas Corp. Stock price trend</p><p>The streamlined listing process and more lenient review standards have always been the main reasons why the SPAC model is so popular in the market. However, this is also a double-edged sword. Due to the simple listing process and relatively lax regulation, the SPAC listing model lacks the strict oversight of investment banks, thus harboring significant risks, such as false capital injection by the listed target and business entities not complying with listing regulations.</p><p>The potential for high returns is very attractive to founders and public investors, but the secrets to the SPAC wealth blind box game are only in the hands of a small number of people.</p><p>\"The essence of a SPAC is the monetization of the founder's resources. Therefore, the equity structure of a SPAC naturally gives the founder the investment leverage to acquire a higher proportion of equity at a lower cost,\" said the Sun Jinju research team at Open Source Securities. Founders can set up a SPAC with just $25,000, which translates to no more than 2 cents per share of common stock. However, \"the target of a SPAC acquisition is highly uncertain. Public investors are participating in a blind box game with high potential returns, and the success rate of the game depends on the SPAC founder.\"</p><p>Is the market about to peak? SPACs have been evolving over the past 30 years</p><p>As an innovative financial instrument, countries around the world, including the United States, are actually \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement.</p><p>The past year has thrust SPACs into the spotlight of global capital markets. In 2020 alone, 248 SPACs went public, raising over $83 billion, accounting for half of all IPOs in the United States that year. In the first three months of this year, the number of SPACs listed and the amount of funds raised have exceeded the total amount of last year. Private equity giants, business tycoons, and celebrities have all gotten involved in SPACs, making this SPAC quickly \"go viral\".<img src=\"https://static.tigerbbs.com/e3935d6372e6d7a6d74f92c250589da9\" tg-width=\"648\" tg-height=\"368\" referrerpolicy=\"no-referrer\">In order to compete for high-quality companies, major exchanges around the world are also actively promoting and improving the SPAC mechanism.<a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>On March 31, a public consultation was launched regarding the introduction of the SPAC mechanism, and the SPAC framework is expected to be officially announced as early as mid-2021. Some media reports,<a href=\"https://laohu8.com/S/00388\">Hong Kong Stock Exchange</a>We are also considering developing a SPAC framework suitable for the Hong Kong market, with the goal of launching the first batch of SPACs by the end of the year. It is understood that Hong Kong regulators are considering formulating stricter rules than those in the United States.</p><p>With strong support from the global market, the momentum of SPACs has been unstoppable. Amidst the frenzy, the market seems to be showing signs of peaking. Co-founder of Marshall Wace, a hedge fund managing $55 billion in assets, based in the UK.<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Paul Marshall, a household name, warned about the SPAC bubble. He said, \"The SPAC phenomenon will end badly, and many people will suffer.\"</p><p>Two major investment giants in the global financial markets have been relentless in criticizing SPACs. \"Gambling with other people's money.\" At this year's shareholders' meeting, Buffett defined the SPAC listing mechanism in this way, while Munger directly called it a kind of \"easy money\" (ill-gotten gains). He doesn't like things that are used to deceive investors and exploit retail investors.</p><p>However, there are also voices of support in the market. Regarding the series of repressive measures taken by US regulators, a market observer named Steven Davidoff Solomon...<a href=\"https://laohu8.com/S/NYT\">New York times</a>The article states that although some SPACs are too aggressive or go public too early, or even announce erroneous and false business plans, it cannot be denied that SPACs have revived the IPO market for small and emerging growth companies over the past 20 years.</p><p>Since GKN Securities launched SPACs into the market in 1993, nearly 30 years ago, the trading rules and regulations for SPACs have been constantly being adjusted and improved. For example, the recent deal between another hedge fund tycoon, Bill Ackman, and Universal Music, which has attracted much attention. Media reports indicate that Ackman's SPAC, Pershing Square Tontine Holding (PSTH), is in talks with Universal Music regarding a merger. This could be the largest deal in the SPAC frenzy, with the combined company valued at $40 billion.</p><p>In this transaction, Ackman created a new type of SPAC called SPARC (Special Purpose Acquisition Rights Company), which addresses some of the current shortcomings of SPACs, such as not tiing up investor funds until the transaction is completed. This is considered the third generation evolution of SPACs.</p><p>In the long run, the Federal Reserve's rate hike policy is also a sharp sword hanging over SPACs. Once a liquidity tightening occurs, the secondary market tide will recede, and the naked swimmers will also surface. Although the Federal Reserve announced on June 16 that it would maintain the Federal Funds rate target range at 0-0.25%, which was in line with market expectations. However, most Federal Reserve officials predict that rate hike will arrive as early as 2023.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/497190.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4d8b4ef5e124da060f276a5c2f3dd5af","relate_stocks":{"QQQ":"纳指100ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares"},"source_url":"http://www.zhitongcaijing.com/content/detail/497190.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2144154703","content_text":"经历了一季度的火爆，短短2个月，狂热的SPAC就凉了。2021年3月，SPAC IPO数量攀至110个的历史顶峰之后，4月瞬间悬崖式下跌至13个，5月为19个。最近一年单月SPAC IPO数量,制图：钛媒体\n热钱凶猛，让SPAC从2020年开始一路狂奔，如今市场开始恢复常态。2020年一整年，共有248家SPAC公司在美股上市，募资总额达到840多亿美元，超过SPAC往年的IPO募资总和。2021年一季度市场依旧火爆，SPAC IPO数已达308起，超越去年全年总和，募资规模达996亿美元，远超传统IPO。\nSPAC似有颠覆传统IPO市场的趋势，但物极必反，市场见顶的迹象初露端倪。这段时间，SPAC的狂热已经引起市场警惕，美国监管层正在有意进行监管规则的调整。长期来看，相关政策调整、流动性大幅收紧等都将是SPAC未来发展的重大不确定性因素。\n作为一个创新型的金融工具，对SPAC支持和反对的声音同样高涨。事实上，包括美国在内的世界各国都在“摸着石头过河”，总体上，都处于探索、完善的过程。回顾SPAC的前世今生，SPAC一直在通过不断优化制度、完善交易规则来适应资本市场的发展。\n断崖式下跌，单月SPACIPO数量从110到14\n最近两个月，SEC(美国证券交易委员会)发布的一则针对SPAC(特殊目的收购公司)的新会计指南，让SPAC市场瞬间恢复了冷静。4月12日，美国SEC宣布SPAC出售的认股权证(Warrants)应分类为负债而不是股权。\nWarrant是公众投资人将来可以按固定价格兑换一股普通股的权利。从会计的角度上看，此前，该类认股权证被归为“股本”，SPAC的投资者以特定的价格购买以此获得巨大收益。\n既是负债，发起人就需要定期核算认股权证的价值，这明显给追求简便的SPAC发起人增加了手续上的负担。这意味着，如果认股权证的价值波动较大，受影响的SPAC将必须要重述他们的财务业绩。也就是说，如果你已经做完了财报，发起了反向并购申请，开始走并购程序，那么你可能要按照新要求重新做一遍财报。\n此举对市场的影响犹如当头泼了一盆冷水。统计显示，4月新设立的SPAC数量发生骤减，从3月的历史峰值110个断崖式下跌至4月的13个，5月也仅有19个。很多公司暂停了SPAC上市申请，并开始就会计准则作出了重新调整。\n2020年以来，SPAC市场空前火爆，已经引发海外监管机构的警惕，此前SEC就已多次警示SPAC的投资者，4月初，SEC的一位官员表示，SPAC存在“一些重大但尚未发现的”问题。\n3月，SEC曾警告投资者，投资SPAC不应仅因为SPAC发起人中的明星而进行投资。有市场人士更是称SPAC是“这个急功近利的IPO时代的智慧结晶，是过去十年大放水时代里囤积出大量独角兽后的解决方案，更是这一轮的泡沫之王”。\n“以前上市圈钱还走一下IPO流程，不如直接给韭菜发帐号吧”、“资本画饼游戏实质还是割韭菜”、“空手套白狼”，一直以来普通投资人财富盲盒游戏，SPAC上市车企已成爆雷重灾区对SPAC这种新型的金融工具的各种质疑普遍存在。\n财富盲盒游戏，SPAC上市车企已成爆雷重灾区\n监管的当头一棒之外，残酷的市场也正成为SPAC的炼金石。近日，美国多家新能源车企被曝涉嫌造假，其中大部分车企都是通过SPAC模式在2020年实现上市，而后在半年左右的时间内相继爆雷。\n6月16日，据外媒消息，美股上市初创新能源车企LordstownMotors宣布，公司首席执行官史蒂夫伯恩斯和首席财务官胡里奥罗德里格斯已经辞职。2020年10月，Lordstown通过SPAC在纳斯达克证券交易所上市，股票代码为 \"RIDE\"。\n上市首日，Lordstown股价一度上涨近20%，但今年3月，做空机构HindenburgResearch指控Lordstown使用虚假订单为其Endurance电动皮卡筹集资金。该款皮卡仍需要数年才能投入生产，但Lordstown坚称将在9月按计划开始生产该车型。\n半年似乎成了SPAC上市公司的一个生死命门。2020年3月，被业内视为“卡车界特斯拉”的Nikola Corp.宣布通过与SPAC公司VectorIQ Acquisition Corp.反向并购上市。该交易使NikolaCorp.的公司市值达到33亿美元，并筹集约5.25亿美元的运营资金。\n上市仅6个月后，Nikola Corp.爆雷。2020年9月，Hindenburg Research发布报告称， Nikola Corp.公司在产品及技术方面涉嫌造假，不仅该公司并未掌握氢燃料电池的制造技术，其半挂式卡车、电池技术、氢气生产、Nikola One甚至其数十亿美元大订单等诸多方面也存在数十个虚假声明。报告发布后，Nikola执行董事长Trevor Milton宣布了辞职。\n公司高层集体辞职，也拯救不了一路下跌的股价。目前，Nikola Corp.股价在15美元/股上下徘徊，相比被做空前66美元/股的峰值股价已跌去近80%。Nikola Corp.股价走势\n一直以来，上市程序更精简，审查标准更宽松都是SPAC模式备受市场推崇的主要原因。但这也是一把双刃剑，由于上市流程简单、监管相对较松，SPAC上市模式相对缺乏投资银行的严格把关，因而埋藏了较大风险，比如上市标的虚假注资、业务主体不合上市规范等。\n潜在高额回报对创始人和公众投资者具有很强的吸引力，但SPAC财富盲盒游戏的密码只掌握在一小部分人手里。\n“SPAC的本质是创始人的资源变现，因此SPAC在股权结构的设置上天然赋予了创始人以较低成本获取较高比例股权的投资杠杆。”开源证券孙金钜研究团队表示。创始人仅需2.5万美元即可成立一个SPAC，折算下来，普通股每股价格不超过2美分。但“SPAC收购标的具有高度不确定性，公众投资者参与的是潜在收益率颇高的盲盒游戏，而游戏的胜率取决于SPAC创始人”。\n市场快见顶了?30年间SPAC一直在不断演变\n作为一个创新型的金融工具，事实上包括美国在内的世界各国都在“摸着石头过河”，总体上，都处于探索、完善的过程。\n过去的一年把SPAC彻底推上了全球资本市场的风口浪尖。单是2020年一年，共有248家SPAC上市，募资超830亿美元，占美国全年IPO的半壁江山。今年前三个月，SPAC的上市数量和募资金额已经超过去年全年。PE巨头、商界大佬及明星富豪等纷纷涉足SPAC，让这场SPAC快速“出圈”。为了抢夺优质公司，世界各大交易所也在积极推进和完善SPAC机制。新加坡交易所3月31日就引入SPAC机制向公众展开了咨询，预计最快在2021年年中正式公布SPAC框架。有媒体报道，香港交易所也正考虑制定适合香港市场的SPAC框架，目标是在年底迎来首批SPAC。据悉，香港监管机构考虑制定比美国更严格的规则。\n在全球市场的大力推崇之下，SPAC的势头一发不可收拾。热炒之下，市场似乎在透露出见顶的信号。掌管550亿美元资产的对冲基金Marshall Wace的共同创始人、在英国金融界无人不晓的大腕保罗·马歇尔(Paul Marshall)对SPAC泡沫发出警告。他说：“SPAC现象将以糟糕的结局收场，而且很多人会受害。”\n全球金融市场的两大投资泰斗更是毫不留情的批评SPAC。“用别人的钱来赌博。”在今年的股东大会上，巴菲特给SPAC这一上市机制下了如此定义，芒格则直接说这是一种“easy money\"(不义之财)，他不喜欢这种用来骗人投资割韭菜的东西。\n但是市场上也不乏支持的声音。对于美国监管层的一系列压制措施，一位名叫Steven Davidoff Solomon的市场观察人士在纽约时报上撰文表示，虽然一些SPAC过于激进或者过早上市，甚至公布错误虚假的商业计划，但是，不能否认的一点是，过去20年SPAC让小公司和新兴成长公司的IPO市场复苏起来。\n自从1993年，美国GKN证券将SPAC推向市场近30年来，SPAC的交易规则制度一直在不断调整完善。比如近期备受关注的另外一位对冲基金大佬Bill Ackman与环球音乐的交易。有媒体报道称Ackman旗下SPAC公司Pershing Square Tontine Holding(PSTH)正在和环球音乐(Universal Music)进行并购方面的磋商，这可能是SPAC狂潮下的最大一笔交易，合并后的新公司估值将达400亿美元。\n这次交易中，Ackman 衍生了一种名为SPARC(特殊目的收购权公司)的新型SPAC形式，解决了SPAC目前运作的一些缺陷，比如在交易完成之前不占用投资者资金。这被认为是SPAC的第三代演变。\n长期来看，美联储的加息政策也是悬在SPAC头上的一把利剑，一旦流动性收紧，二级市场潮水退出，裸泳者也将浮出水面。虽然美国联邦储备委员会在6月16日宣布维持联邦基金利率目标区间在0-0.25%之间不变，符合市场预期。但美联储多数官员预测，加息最早会在2023年到来。","news_type":1,"symbols_score_info":{"NQmain":0.9,"QQQ":0.9,"SQQQ":0.9,"QLD":0.9,"MNQmain":0.9,"TQQQ":0.9,"PSQ":0.9,"QID":0.9}},"isVote":1,"tweetType":1,"viewCount":4406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165826832,"gmtCreate":1624118234326,"gmtModify":1703829049947,"author":{"id":"3584652354468235","authorId":"3584652354468235","name":"moon88","avatar":"https://static.tigerbbs.com/1fd191b51024ac1ae2bdcf80d743ab78","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584652354468235","idStr":"3584652354468235"},"themes":[],"title":"","htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/165826832","repostId":"2144170319","repostType":4,"repost":{"id":"2144170319","kind":"highlight","pubTimestamp":1624086714,"share":"https://ttm.financial/m/news/2144170319?lang=en_US&edition=fundamental","pubTime":"2021-06-19 15:11","market":"us","language":"zh","title":"The Biden administration has completed 300 million doses of vaccine, challenging its 70% adult vaccination target.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144170319","media":"新浪财经","summary":"　　中新社华盛顿6月18日电 美国总统拜登18日在白宫宣布，在其就任150天内，美国已完成3亿剂新冠疫苗接种。　　尽管疫情大幅改善，但美国民众的疫苗接种意愿降低，让拜登政府的另一项抗疫目标面临挑战。拜登此前提出，在7月4日前，让70%的美国成年人至少接种一剂疫苗。15个州和华盛顿特区的一剂疫苗接种率已达70%。这将成为拜登就任总统以来白宫举行的最大规模活动。","content":"<p>(Fighting COVID-19) The Biden administration has completed 300 million doses of vaccine, posing a challenge to its 70% adult vaccination target.</p><p>WASHINGTON, June 18 (Xinhua) -- U.S. President Joe Biden announced at the White House on Tuesday that the United States has administered 300 million doses of the COVID-19 vaccine within 150 days of taking office.</p><p>Speaking about the pandemic that day, Biden said, \"Compared to last year, the United States is about to have a very different summer. A bright and joyful summer.\"</p><p>According to data from Johns Hopkins University, as of the 18th, the United States had accumulated more than 33.51 million confirmed cases of COVID-19 and 601,000 deaths. Currently, the average number of confirmed cases and deaths in the United States over seven days is approximately 12,000 and 300, respectively.</p><p>Despite a significant improvement in the pandemic, the American public's willingness to get vaccinated has decreased, posing a challenge to another of the Biden administration's anti-pandemic goals. Biden previously proposed that 70% of American adults receive at least one dose of the vaccine by July 4. There are 15 days left until the Independence Day holiday, but this figure is still 65.1%.</p><p>《<a href=\"https://laohu8.com/S/WPO\">The Washington Post</a>The report points out that the aforementioned goals may not be achieved until the summer. Currently, the average number of vaccinations administered in the United States over 7 days is about 1.1 million doses, far below the peak of 3.3 million doses per day.</p><p>Biden pointed out that regions with high vaccination rates in the United States have seen significant declines in mortality and hospitalization rates. \"But unfortunately, in states with low vaccination rates, new cases and hospitalizations are not declining in many places. In some places, they are actually rising.\"</p><p>Data released by the White House on the 18th showed that more than 175 million Americans have received at least one dose of the vaccine. One-dose vaccination rates have reached 70% in 15 states and Washington, D.C. According to US media statistics, the vaccination rate for one dose of the vaccine in Alabama, Louisiana, Mississippi, Tennessee, Wyoming and other states is currently less than 50%.</p><p>Biden also pointed out that the COVID-19 variant is a \"serious problem\" in the United States' fight against the pandemic. COVID-19 variants will make unvaccinated people more vulnerable than they were a month ago. Faced with highly dangerous and highly transmissible mutated viruses, full vaccination remains the \"best way\" to protect oneself.</p><p>“On July 4th, we will celebrate our independence from the pandemic while celebrating Independence Day. We hope everyone can do that,” Biden said.</p><p>Earlier this week, the White House announced that a 1,000-person celebration would be held on the South Lawn on Independence Day, inviting medical workers, rescue workers, and their families on the front lines of the fight against the pandemic. This will be the largest event held at the White House since Biden became president.</p>","source":"sina_us","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 Biden administration has completed 300 million doses of vaccine, challenging its 70% adult vaccination target.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Biden administration has completed 300 million doses of vaccine, challenging its 70% adult vaccination target.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-06-19 15:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Fighting COVID-19) The Biden administration has completed 300 million doses of vaccine, posing a challenge to its 70% adult vaccination target.</p><p>WASHINGTON, June 18 (Xinhua) -- U.S. President Joe Biden announced at the White House on Tuesday that the United States has administered 300 million doses of the COVID-19 vaccine within 150 days of taking office.</p><p>Speaking about the pandemic that day, Biden said, \"Compared to last year, the United States is about to have a very different summer. A bright and joyful summer.\"</p><p>According to data from Johns Hopkins University, as of the 18th, the United States had accumulated more than 33.51 million confirmed cases of COVID-19 and 601,000 deaths. Currently, the average number of confirmed cases and deaths in the United States over seven days is approximately 12,000 and 300, respectively.</p><p>Despite a significant improvement in the pandemic, the American public's willingness to get vaccinated has decreased, posing a challenge to another of the Biden administration's anti-pandemic goals. Biden previously proposed that 70% of American adults receive at least one dose of the vaccine by July 4. There are 15 days left until the Independence Day holiday, but this figure is still 65.1%.</p><p>《<a href=\"https://laohu8.com/S/WPO\">The Washington Post</a>The report points out that the aforementioned goals may not be achieved until the summer. Currently, the average number of vaccinations administered in the United States over 7 days is about 1.1 million doses, far below the peak of 3.3 million doses per day.</p><p>Biden pointed out that regions with high vaccination rates in the United States have seen significant declines in mortality and hospitalization rates. \"But unfortunately, in states with low vaccination rates, new cases and hospitalizations are not declining in many places. In some places, they are actually rising.\"</p><p>Data released by the White House on the 18th showed that more than 175 million Americans have received at least one dose of the vaccine. One-dose vaccination rates have reached 70% in 15 states and Washington, D.C. According to US media statistics, the vaccination rate for one dose of the vaccine in Alabama, Louisiana, Mississippi, Tennessee, Wyoming and other states is currently less than 50%.</p><p>Biden also pointed out that the COVID-19 variant is a \"serious problem\" in the United States' fight against the pandemic. COVID-19 variants will make unvaccinated people more vulnerable than they were a month ago. Faced with highly dangerous and highly transmissible mutated viruses, full vaccination remains the \"best way\" to protect oneself.</p><p>“On July 4th, we will celebrate our independence from the pandemic while celebrating Independence Day. We hope everyone can do that,” Biden said.</p><p>Earlier this week, the White House announced that a 1,000-person celebration would be held on the South Lawn on Independence Day, inviting medical workers, rescue workers, and their families on the front lines of the fight against the pandemic. This will be the largest event held at the White House since Biden became president.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-06-19/doc-ikqcfnca1958952.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c26835d2a08742c3de45f524c7bb8604","relate_stocks":{},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-06-19/doc-ikqcfnca1958952.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144170319","content_text":"（抗击新冠肺炎）拜登政府完成3亿剂疫苗接种 70%成人接种目标迎挑战\n中新社华盛顿6月18日电 （记者 陈孟统）美国总统拜登18日在白宫宣布，在其就任150天内，美国已完成3亿剂新冠疫苗接种。\n拜登当天就疫情发表讲话说：“与去年相比，美国即将迎来一个非常不同的夏天。一个明亮的、愉悦的夏天。”\n据美国约翰斯·霍普金斯大学数据，截至18日，美国累计新冠确诊病例超3351万，死亡病例达60.1万。目前，美国7天平均确诊和死亡病例约为1.2万例和300例。\n尽管疫情大幅改善，但美国民众的疫苗接种意愿降低，让拜登政府的另一项抗疫目标面临挑战。拜登此前提出，在7月4日前，让70%的美国成年人至少接种一剂疫苗。距离独立日假期还剩15天，但这一数据仍为65.1%。\n《华盛顿邮报》指出，上述目标可能要到夏天才能实现。目前，美国7天平均疫苗接种量约为110万剂，远低于高峰时期的每日330万剂。\n拜登指出，美国疫苗接种率高的地区，死亡率和住院率大幅下降。“但不幸的是，在疫苗接种率较低的州，许多地方的新增病例和住院率并没有下降。在一些地方，实际在上升。”\n白宫18日公布的数据显示，目前，超过1.75亿美国人已至少接种一剂疫苗。15个州和华盛顿特区的一剂疫苗接种率已达70%。而据美国媒体统计，亚拉巴马州、路易斯安那州、密西西比州、田纳西州、怀俄明州等地目前一剂疫苗接种率不足50%。\n拜登同时指出，新冠变异病毒是美国抗击疫情的一个“严重问题”。新冠变异病毒将使未接种疫苗的人比一个月前更加脆弱。面对高危险性、高传播性的变异病毒，完全接种疫苗仍是自我保护的“最佳方法”。\n“7月4日，我们将在欢度独立日的同时，庆祝摆脱疫情而独立。我们希望每个人都能做到。”拜登如是说。\n本周早些时候，白宫对外透露，独立日当天将在南草坪举办千人规模的庆祝活动，邀请在抗疫一线的医务人员、救援人员及其家人参加。这将成为拜登就任总统以来白宫举行的最大规模活动。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":5262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":142049290,"gmtCreate":1626106654710,"gmtModify":1703753611962,"author":{"id":"3584652354468235","authorId":"3584652354468235","name":"moon88","avatar":"https://static.tigerbbs.com/1fd191b51024ac1ae2bdcf80d743ab78","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584652354468235","idStr":"3584652354468235"},"themes":[],"title":"","htmlText":"Zan&nbsp;","listText":"Zan&nbsp;","text":"Zan","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/142049290","repostId":"2150673539","repostType":4,"isVote":1,"tweetType":1,"viewCount":5966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129563302,"gmtCreate":1624377861806,"gmtModify":1703835030731,"author":{"id":"3584652354468235","authorId":"3584652354468235","name":"moon88","avatar":"https://static.tigerbbs.com/1fd191b51024ac1ae2bdcf80d743ab78","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584652354468235","idStr":"3584652354468235"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129563302","repostId":"1142464181","repostType":4,"repost":{"id":"1142464181","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624372497,"share":"https://ttm.financial/m/news/1142464181?lang=en_US&edition=fundamental","pubTime":"2021-06-22 22:34","market":"us","language":"zh","title":"Missfresh's pricing range is $13-16 per ADS, with existing shareholders continuing to increase their investments.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142464181","media":"老虎资讯综合","summary":"北京时间6月22日晚间消息，每日优鲜更新F-1招股书，计划公开发行2100万股美国存托股票（ADS），定价区间为13-16美元/ADS。\n现有股东中金、腾讯、美国长线基金Davis等将持续加码，购买至","content":"<p>Beijing time, June 22nd evening news,<a href=\"https://laohu8.com/S/MF\">Missfresh</a>The F-1 prospectus has been updated, with plans to publicly offer 21 million American Depositary Shares (ADSs) at a price range of $13-16 per ADS.</p><p>Existing shareholders: CICC<a href=\"https://laohu8.com/S/00700\">Tencent</a>US long-term fund Davis and others will continue to increase their investments, purchasing up to $90 million worth of ADSs.</p><p>According to the prospectus, Missfresh's net revenue was approximately RMB 3.5467 billion, RMB 6.0014 billion, and RMB 6.1304 billion in 2018, 2018, and 2020, respectively. For the three months ended March 31, 2020, Missfresh's net revenue was RMB 1.6898 billion, and for the three months ended March 31, 2021, net revenue was RMB 1.5302 billion.</p><p>The prospectus also shows that Missfresh's gross profit was RMB 304 million in 2018, increased by 71.3% to RMB 520.9 million in 2019, and increased by another 128.5% to RMB 1.1904 billion in 2020. For the three months ended March 31, 2020, Missfresh's gross profit was RMB 510.8 million, compared to RMB 189 million in the same period of 2021.</p><p>From 2018 to 2020, Missfresh's net losses were RMB 2.2316 billion, RMB 2.9094 billion, and RMB 1.649.2 billion, respectively. For the quarter ending March 31, 2020, Missfresh reported a net loss of 194.7 million yuan, compared to a loss of 610.3 million yuan in the same period of 2021. In 2018, 2019 and 2020, Missfresh's adjusted net loss (non-GAAP standard) was RMB 2.215.9 billion, RMB 2.777 billion and RMB 1.5897 billion, respectively. For the quarter ending March 31, 2020, Missfresh reported an adjusted net loss of RMB 175.8 million, compared to a loss of RMB 598.4 million in the same period of 2021.</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>Missfresh's pricing range is $13-16 per ADS, with existing shareholders continuing to increase their investments.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMissfresh's pricing range is $13-16 per ADS, with existing shareholders continuing to increase their investments.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-22 22:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Beijing time, June 22nd evening news,<a href=\"https://laohu8.com/S/MF\">Missfresh</a>The F-1 prospectus has been updated, with plans to publicly offer 21 million American Depositary Shares (ADSs) at a price range of $13-16 per ADS.</p><p>Existing shareholders: CICC<a href=\"https://laohu8.com/S/00700\">Tencent</a>US long-term fund Davis and others will continue to increase their investments, purchasing up to $90 million worth of ADSs.</p><p>According to the prospectus, Missfresh's net revenue was approximately RMB 3.5467 billion, RMB 6.0014 billion, and RMB 6.1304 billion in 2018, 2018, and 2020, respectively. For the three months ended March 31, 2020, Missfresh's net revenue was RMB 1.6898 billion, and for the three months ended March 31, 2021, net revenue was RMB 1.5302 billion.</p><p>The prospectus also shows that Missfresh's gross profit was RMB 304 million in 2018, increased by 71.3% to RMB 520.9 million in 2019, and increased by another 128.5% to RMB 1.1904 billion in 2020. For the three months ended March 31, 2020, Missfresh's gross profit was RMB 510.8 million, compared to RMB 189 million in the same period of 2021.</p><p>From 2018 to 2020, Missfresh's net losses were RMB 2.2316 billion, RMB 2.9094 billion, and RMB 1.649.2 billion, respectively. For the quarter ending March 31, 2020, Missfresh reported a net loss of 194.7 million yuan, compared to a loss of 610.3 million yuan in the same period of 2021. In 2018, 2019 and 2020, Missfresh's adjusted net loss (non-GAAP standard) was RMB 2.215.9 billion, RMB 2.777 billion and RMB 1.5897 billion, respectively. For the quarter ending March 31, 2020, Missfresh reported an adjusted net loss of RMB 175.8 million, compared to a loss of RMB 598.4 million in the same period of 2021.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1bc6d948584260429c150c1dd44a898f","relate_stocks":{"MF":"MindForge Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142464181","content_text":"北京时间6月22日晚间消息，每日优鲜更新F-1招股书，计划公开发行2100万股美国存托股票（ADS），定价区间为13-16美元/ADS。\n现有股东中金、腾讯、美国长线基金Davis等将持续加码，购买至多价值9000万美元的ADS。\n招股书显示，每日优鲜2018年-2020年的净营收分别约为35.467亿元， 60.014亿元，61.304亿元。截止2020年3月31日的三个月，每日优鲜的净营收为16.898亿元，截止2021年3月31日的三个月，净营收为15.302亿元。\n招股书还显示，每日优鲜的毛利润在2018年为3.04亿元，2019年增长71.3%了至5.209亿元，2020年再增长128.5%，达到11.904亿元。截止2020年3月31日的三个月，每日优鲜的毛利为5.108亿元，2021年的同期为1.89亿元。\n2018年至2020年，每日优鲜净亏损分别为22.316亿元，29.094亿元、16.492亿元。截止2020年3月31日的一个季度，每日优鲜净亏损1.947亿元，2021年同期亏损6.103亿元。2018年、2019年和2020年，每日优鲜的调整后净亏损（非GAAP标准）分别为22.159亿元、27.77亿元、15.897亿元。截止2020年3月31日的一个季度，每日优鲜调整后净亏损为1.758亿元，2021年同期亏损5.984亿元。","news_type":1,"symbols_score_info":{"MF":0.9}},"isVote":1,"tweetType":1,"viewCount":5890,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165826832,"gmtCreate":1624118234326,"gmtModify":1703829049947,"author":{"id":"3584652354468235","authorId":"3584652354468235","name":"moon88","avatar":"https://static.tigerbbs.com/1fd191b51024ac1ae2bdcf80d743ab78","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584652354468235","idStr":"3584652354468235"},"themes":[],"title":"","htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/165826832","repostId":"2144170319","repostType":4,"repost":{"id":"2144170319","kind":"highlight","pubTimestamp":1624086714,"share":"https://ttm.financial/m/news/2144170319?lang=en_US&edition=fundamental","pubTime":"2021-06-19 15:11","market":"us","language":"zh","title":"The Biden administration has completed 300 million doses of vaccine, challenging its 70% adult vaccination target.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144170319","media":"新浪财经","summary":"　　中新社华盛顿6月18日电 美国总统拜登18日在白宫宣布，在其就任150天内，美国已完成3亿剂新冠疫苗接种。　　尽管疫情大幅改善，但美国民众的疫苗接种意愿降低，让拜登政府的另一项抗疫目标面临挑战。拜登此前提出，在7月4日前，让70%的美国成年人至少接种一剂疫苗。15个州和华盛顿特区的一剂疫苗接种率已达70%。这将成为拜登就任总统以来白宫举行的最大规模活动。","content":"<p>(Fighting COVID-19) The Biden administration has completed 300 million doses of vaccine, posing a challenge to its 70% adult vaccination target.</p><p>WASHINGTON, June 18 (Xinhua) -- U.S. President Joe Biden announced at the White House on Tuesday that the United States has administered 300 million doses of the COVID-19 vaccine within 150 days of taking office.</p><p>Speaking about the pandemic that day, Biden said, \"Compared to last year, the United States is about to have a very different summer. A bright and joyful summer.\"</p><p>According to data from Johns Hopkins University, as of the 18th, the United States had accumulated more than 33.51 million confirmed cases of COVID-19 and 601,000 deaths. Currently, the average number of confirmed cases and deaths in the United States over seven days is approximately 12,000 and 300, respectively.</p><p>Despite a significant improvement in the pandemic, the American public's willingness to get vaccinated has decreased, posing a challenge to another of the Biden administration's anti-pandemic goals. Biden previously proposed that 70% of American adults receive at least one dose of the vaccine by July 4. There are 15 days left until the Independence Day holiday, but this figure is still 65.1%.</p><p>《<a href=\"https://laohu8.com/S/WPO\">The Washington Post</a>The report points out that the aforementioned goals may not be achieved until the summer. Currently, the average number of vaccinations administered in the United States over 7 days is about 1.1 million doses, far below the peak of 3.3 million doses per day.</p><p>Biden pointed out that regions with high vaccination rates in the United States have seen significant declines in mortality and hospitalization rates. \"But unfortunately, in states with low vaccination rates, new cases and hospitalizations are not declining in many places. In some places, they are actually rising.\"</p><p>Data released by the White House on the 18th showed that more than 175 million Americans have received at least one dose of the vaccine. One-dose vaccination rates have reached 70% in 15 states and Washington, D.C. According to US media statistics, the vaccination rate for one dose of the vaccine in Alabama, Louisiana, Mississippi, Tennessee, Wyoming and other states is currently less than 50%.</p><p>Biden also pointed out that the COVID-19 variant is a \"serious problem\" in the United States' fight against the pandemic. COVID-19 variants will make unvaccinated people more vulnerable than they were a month ago. Faced with highly dangerous and highly transmissible mutated viruses, full vaccination remains the \"best way\" to protect oneself.</p><p>“On July 4th, we will celebrate our independence from the pandemic while celebrating Independence Day. We hope everyone can do that,” Biden said.</p><p>Earlier this week, the White House announced that a 1,000-person celebration would be held on the South Lawn on Independence Day, inviting medical workers, rescue workers, and their families on the front lines of the fight against the pandemic. This will be the largest event held at the White House since Biden became president.</p>","source":"sina_us","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 Biden administration has completed 300 million doses of vaccine, challenging its 70% adult vaccination target.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Biden administration has completed 300 million doses of vaccine, challenging its 70% adult vaccination target.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-06-19 15:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Fighting COVID-19) The Biden administration has completed 300 million doses of vaccine, posing a challenge to its 70% adult vaccination target.</p><p>WASHINGTON, June 18 (Xinhua) -- U.S. President Joe Biden announced at the White House on Tuesday that the United States has administered 300 million doses of the COVID-19 vaccine within 150 days of taking office.</p><p>Speaking about the pandemic that day, Biden said, \"Compared to last year, the United States is about to have a very different summer. A bright and joyful summer.\"</p><p>According to data from Johns Hopkins University, as of the 18th, the United States had accumulated more than 33.51 million confirmed cases of COVID-19 and 601,000 deaths. Currently, the average number of confirmed cases and deaths in the United States over seven days is approximately 12,000 and 300, respectively.</p><p>Despite a significant improvement in the pandemic, the American public's willingness to get vaccinated has decreased, posing a challenge to another of the Biden administration's anti-pandemic goals. Biden previously proposed that 70% of American adults receive at least one dose of the vaccine by July 4. There are 15 days left until the Independence Day holiday, but this figure is still 65.1%.</p><p>《<a href=\"https://laohu8.com/S/WPO\">The Washington Post</a>The report points out that the aforementioned goals may not be achieved until the summer. Currently, the average number of vaccinations administered in the United States over 7 days is about 1.1 million doses, far below the peak of 3.3 million doses per day.</p><p>Biden pointed out that regions with high vaccination rates in the United States have seen significant declines in mortality and hospitalization rates. \"But unfortunately, in states with low vaccination rates, new cases and hospitalizations are not declining in many places. In some places, they are actually rising.\"</p><p>Data released by the White House on the 18th showed that more than 175 million Americans have received at least one dose of the vaccine. One-dose vaccination rates have reached 70% in 15 states and Washington, D.C. According to US media statistics, the vaccination rate for one dose of the vaccine in Alabama, Louisiana, Mississippi, Tennessee, Wyoming and other states is currently less than 50%.</p><p>Biden also pointed out that the COVID-19 variant is a \"serious problem\" in the United States' fight against the pandemic. COVID-19 variants will make unvaccinated people more vulnerable than they were a month ago. Faced with highly dangerous and highly transmissible mutated viruses, full vaccination remains the \"best way\" to protect oneself.</p><p>“On July 4th, we will celebrate our independence from the pandemic while celebrating Independence Day. We hope everyone can do that,” Biden said.</p><p>Earlier this week, the White House announced that a 1,000-person celebration would be held on the South Lawn on Independence Day, inviting medical workers, rescue workers, and their families on the front lines of the fight against the pandemic. This will be the largest event held at the White House since Biden became president.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-06-19/doc-ikqcfnca1958952.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c26835d2a08742c3de45f524c7bb8604","relate_stocks":{},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-06-19/doc-ikqcfnca1958952.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144170319","content_text":"（抗击新冠肺炎）拜登政府完成3亿剂疫苗接种 70%成人接种目标迎挑战\n中新社华盛顿6月18日电 （记者 陈孟统）美国总统拜登18日在白宫宣布，在其就任150天内，美国已完成3亿剂新冠疫苗接种。\n拜登当天就疫情发表讲话说：“与去年相比，美国即将迎来一个非常不同的夏天。一个明亮的、愉悦的夏天。”\n据美国约翰斯·霍普金斯大学数据，截至18日，美国累计新冠确诊病例超3351万，死亡病例达60.1万。目前，美国7天平均确诊和死亡病例约为1.2万例和300例。\n尽管疫情大幅改善，但美国民众的疫苗接种意愿降低，让拜登政府的另一项抗疫目标面临挑战。拜登此前提出，在7月4日前，让70%的美国成年人至少接种一剂疫苗。距离独立日假期还剩15天，但这一数据仍为65.1%。\n《华盛顿邮报》指出，上述目标可能要到夏天才能实现。目前，美国7天平均疫苗接种量约为110万剂，远低于高峰时期的每日330万剂。\n拜登指出，美国疫苗接种率高的地区，死亡率和住院率大幅下降。“但不幸的是，在疫苗接种率较低的州，许多地方的新增病例和住院率并没有下降。在一些地方，实际在上升。”\n白宫18日公布的数据显示，目前，超过1.75亿美国人已至少接种一剂疫苗。15个州和华盛顿特区的一剂疫苗接种率已达70%。而据美国媒体统计，亚拉巴马州、路易斯安那州、密西西比州、田纳西州、怀俄明州等地目前一剂疫苗接种率不足50%。\n拜登同时指出，新冠变异病毒是美国抗击疫情的一个“严重问题”。新冠变异病毒将使未接种疫苗的人比一个月前更加脆弱。面对高危险性、高传播性的变异病毒，完全接种疫苗仍是自我保护的“最佳方法”。\n“7月4日，我们将在欢度独立日的同时，庆祝摆脱疫情而独立。我们希望每个人都能做到。”拜登如是说。\n本周早些时候，白宫对外透露，独立日当天将在南草坪举办千人规模的庆祝活动，邀请在抗疫一线的医务人员、救援人员及其家人参加。这将成为拜登就任总统以来白宫举行的最大规模活动。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":5262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165822999,"gmtCreate":1624118303411,"gmtModify":1703829050441,"author":{"id":"3584652354468235","authorId":"3584652354468235","name":"moon88","avatar":"https://static.tigerbbs.com/1fd191b51024ac1ae2bdcf80d743ab78","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584652354468235","idStr":"3584652354468235"},"themes":[],"title":"","htmlText":"Lihai&nbsp;","listText":"Lihai&nbsp;","text":"Lihai","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165822999","repostId":"2144154703","repostType":4,"repost":{"id":"2144154703","kind":"highlight","pubTimestamp":1624085563,"share":"https://ttm.financial/m/news/2144154703?lang=en_US&edition=fundamental","pubTime":"2021-06-19 14:52","market":"hk","language":"zh","title":"SPACs, a global blind box game of wealth where people are feeling their way across the river.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144154703","media":"智通财经网","summary":"这段时间，SPAC的狂热已经引起市场警惕，美国监管层正在有意进行监管规则的调整。长期来看，相关政策调整、流动性大幅收紧等都将是SPAC未来发展的重大不确定性因素。","content":"<p>After a booming first quarter, the frenzied SPAC market cooled down in just two months. After reaching a record high of 110 SPAC IPOs in March 2021, the number plummeted to 13 in April and 19 in May.<img src=\"https://static.tigerbbs.com/bcc02404cd4816379f86b57e2674e2aa\" tg-width=\"1080\" tg-height=\"616\" referrerpolicy=\"no-referrer\">Number of SPAC IPOs in the past year (Chart by Titanium Media)</p><p>The fierce influx of hot money has driven SPACs to surge since 2020, and now the market is beginning to return to normal. In 2020, a total of 248 SPACs went public on the U.S. stock market, raising a total of more than $84 billion, exceeding the total amount raised by SPACs in previous years. The market remained hot in the first quarter of 2021, with 308 SPAC IPOs, exceeding the total for the entire previous year, raising $99.6 billion, far exceeding traditional IPOs.</p><p>SPACs seem to be trending towards disrupting the traditional IPO market, but extremes always backfire, and signs of the market peaking are beginning to emerge. The recent frenzy surrounding SPACs has raised market concerns, and US regulators are intentionally adjusting regulatory rules. In the long run, policy adjustments and a significant tightening of liquidity will be major uncertainties for the future development of SPACs.</p><p>As an innovative financial instrument, there is equal support and opposition to SPACs. In fact, countries around the world, including the United States, are \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement. Looking back at the history of SPACs, they have been adapting to the development of the capital market by continuously optimizing their systems and improving their trading rules.</p><p>A precipitous drop occurred, with the number of Spacipos falling from 110 to 14 in a single month.</p><p>In the past two months, the SEC (Securities and Exchange Commission) has issued new accounting guidelines for SPACs (Special Purpose Acquisition Companies), which have instantly calmed down the SPAC market. On April 12, the U.S. SEC announced that Warrants sold by SPACs should be classified as liabilities rather than equity.</p><p>A Warrant is a right that a public investor can exchange for one share of common stock at a fixed price in the future. From an accounting perspective, these types of warrants were previously classified as \"equity,\" and investors in SPACs purchased them at a specific price to obtain huge returns.</p><p>Since they are liabilities, the promoters need to regularly account for the value of the warrants, which clearly increases the procedural burden for SPAC promoters who seek simplicity. This means that if the value of warrants fluctuates significantly, the affected SPACs will have to restate their financial performance. In other words, if you have already completed your financial statements, initiated a reverse merger and acquisition application, and begun the merger and acquisition process, then you may need to redo your financial statements in accordance with the new requirements.</p><p>The impact of this move on the market was like pouring cold water on its head. Statistics show that the number of newly established SPACs plummeted in April, from a historical peak of 110 in March to 13 in April, and only 19 in May. Many companies have suspended their SPAC listing applications and begun to readjust their accounting standards.</p><p>Since 2020, the SPAC market has been booming like never before, raising the alarm of overseas regulators. The SEC had previously warned SPAC investors multiple times. In early April, an SEC official said that SPACs had \"some significant but undiscovered\" problems.</p><p>In March, the SEC warned investors that they should not invest in SPACs simply because they are celebrities among their sponsors. Some market analysts have even called SPACs \"the crystallization of wisdom in this era of short-sighted IPOs, a solution after a large number of unicorns were accumulated during the era of massive monetary easing over the past decade, and the king of this round of bubbles.\"</p><p>\"In the past, going public to raise money required going through the IPO process. Why not just give out accounts to retail investors?\", \"Capital's empty promise game is essentially just exploiting retail investors\", \"Getting something for nothing\". This has always been a blind box game for ordinary investors' wealth. SPAC listed car companies have become the hardest hit by collapses. There are widespread doubts about SPACs, this new type of financial instrument.</p><p>In the wealth blind box game, SPAC-listed automakers have become the hardest hit by collapses.</p><p>Beyond the regulatory blow, the brutal market is also becoming an alchemical stone for SPACs. Recently, several new energy vehicle companies in the United States have been exposed for alleged fraud. Most of them went public in 2020 through the SPAC model, and then collapsed one after another within about six months.</p><p>On June 16, according to foreign media reports, Lordstown Motors, a US-listed startup new energy vehicle company, announced that its CEO Steve Burns and CFO Julio Rodriguez have resigned. In October 2020, Lordstown went public on the Nasdaq Stock Exchange through a SPAC under the ticker symbol \"RIDE\".</p><p>On its first day of trading, Lordstown's stock price rose by nearly 20%, but in March of this year, short-selling firm Hindenburg Research accused Lordstown of using fake orders to raise funds for its Endurance electric pickup truck. The pickup truck will still be several years away from production, but Lordstown insists that production of the model will begin as planned in September.</p><p>Six months seems to have become a life-or-death criterion for SPAC listed companies. In March 2020, it was regarded by the industry as the \"truck industry\".<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Nikola Corp. announced its IPO through a reverse merger and Acquisition with SPAC company VectorIQ Acquisition Corp. The deal brings NikolaCorp.'s corporate market capitalization to $3.3 billion and raises approximately $525 million in working capital.</p><p>Just six months after its listing, Nikola Corp. collapsed. In September 2020, Hindenburg Research released a report stating that Nikola Corp. was suspected of falsifying products and technologies. Not only did the company not master the manufacturing technology for hydrogen fuel cells, but it also made dozens of false statements in many aspects, including its semi-trailer trucks, battery technology, hydrogen production, Nikola One, and even its multi-billion dollar orders. Following the release of the report, Nikola Executive Chairman Trevor Milton announced his resignation.</p><p>The collective resignation of the company's senior executives could not save the plummeting stock price. Currently, Nikola Corp.'s stock price is hovering around $15 per share, a drop of nearly 80% from its peak price of $66 per share before being shorted.<img src=\"https://static.tigerbbs.com/9ec57d3a166878fc396f28f04648875f\" tg-width=\"913\" tg-height=\"555\" referrerpolicy=\"no-referrer\">Nicholas Corp. Stock price trend</p><p>The streamlined listing process and more lenient review standards have always been the main reasons why the SPAC model is so popular in the market. However, this is also a double-edged sword. Due to the simple listing process and relatively lax regulation, the SPAC listing model lacks the strict oversight of investment banks, thus harboring significant risks, such as false capital injection by the listed target and business entities not complying with listing regulations.</p><p>The potential for high returns is very attractive to founders and public investors, but the secrets to the SPAC wealth blind box game are only in the hands of a small number of people.</p><p>\"The essence of a SPAC is the monetization of the founder's resources. Therefore, the equity structure of a SPAC naturally gives the founder the investment leverage to acquire a higher proportion of equity at a lower cost,\" said the Sun Jinju research team at Open Source Securities. Founders can set up a SPAC with just $25,000, which translates to no more than 2 cents per share of common stock. However, \"the target of a SPAC acquisition is highly uncertain. Public investors are participating in a blind box game with high potential returns, and the success rate of the game depends on the SPAC founder.\"</p><p>Is the market about to peak? SPACs have been evolving over the past 30 years</p><p>As an innovative financial instrument, countries around the world, including the United States, are actually \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement.</p><p>The past year has thrust SPACs into the spotlight of global capital markets. In 2020 alone, 248 SPACs went public, raising over $83 billion, accounting for half of all IPOs in the United States that year. In the first three months of this year, the number of SPACs listed and the amount of funds raised have exceeded the total amount of last year. Private equity giants, business tycoons, and celebrities have all gotten involved in SPACs, making this SPAC quickly \"go viral\".<img src=\"https://static.tigerbbs.com/e3935d6372e6d7a6d74f92c250589da9\" tg-width=\"648\" tg-height=\"368\" referrerpolicy=\"no-referrer\">In order to compete for high-quality companies, major exchanges around the world are also actively promoting and improving the SPAC mechanism.<a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>On March 31, a public consultation was launched regarding the introduction of the SPAC mechanism, and the SPAC framework is expected to be officially announced as early as mid-2021. Some media reports,<a href=\"https://laohu8.com/S/00388\">Hong Kong Stock Exchange</a>We are also considering developing a SPAC framework suitable for the Hong Kong market, with the goal of launching the first batch of SPACs by the end of the year. It is understood that Hong Kong regulators are considering formulating stricter rules than those in the United States.</p><p>With strong support from the global market, the momentum of SPACs has been unstoppable. Amidst the frenzy, the market seems to be showing signs of peaking. Co-founder of Marshall Wace, a hedge fund managing $55 billion in assets, based in the UK.<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Paul Marshall, a household name, warned about the SPAC bubble. He said, \"The SPAC phenomenon will end badly, and many people will suffer.\"</p><p>Two major investment giants in the global financial markets have been relentless in criticizing SPACs. \"Gambling with other people's money.\" At this year's shareholders' meeting, Buffett defined the SPAC listing mechanism in this way, while Munger directly called it a kind of \"easy money\" (ill-gotten gains). He doesn't like things that are used to deceive investors and exploit retail investors.</p><p>However, there are also voices of support in the market. Regarding the series of repressive measures taken by US regulators, a market observer named Steven Davidoff Solomon...<a href=\"https://laohu8.com/S/NYT\">New York times</a>The article states that although some SPACs are too aggressive or go public too early, or even announce erroneous and false business plans, it cannot be denied that SPACs have revived the IPO market for small and emerging growth companies over the past 20 years.</p><p>Since GKN Securities launched SPACs into the market in 1993, nearly 30 years ago, the trading rules and regulations for SPACs have been constantly being adjusted and improved. For example, the recent deal between another hedge fund tycoon, Bill Ackman, and Universal Music, which has attracted much attention. Media reports indicate that Ackman's SPAC, Pershing Square Tontine Holding (PSTH), is in talks with Universal Music regarding a merger. This could be the largest deal in the SPAC frenzy, with the combined company valued at $40 billion.</p><p>In this transaction, Ackman created a new type of SPAC called SPARC (Special Purpose Acquisition Rights Company), which addresses some of the current shortcomings of SPACs, such as not tiing up investor funds until the transaction is completed. This is considered the third generation evolution of SPACs.</p><p>In the long run, the Federal Reserve's rate hike policy is also a sharp sword hanging over SPACs. Once a liquidity tightening occurs, the secondary market tide will recede, and the naked swimmers will also surface. Although the Federal Reserve announced on June 16 that it would maintain the Federal Funds rate target range at 0-0.25%, which was in line with market expectations. However, most Federal Reserve officials predict that rate hike will arrive as early as 2023.</p>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPACs, a global blind box game of wealth where people are feeling their way across the river.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPACs, a global blind box game of wealth where people are feeling their way across the river.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-06-19 14:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a booming first quarter, the frenzied SPAC market cooled down in just two months. After reaching a record high of 110 SPAC IPOs in March 2021, the number plummeted to 13 in April and 19 in May.<img src=\"https://static.tigerbbs.com/bcc02404cd4816379f86b57e2674e2aa\" tg-width=\"1080\" tg-height=\"616\" referrerpolicy=\"no-referrer\">Number of SPAC IPOs in the past year (Chart by Titanium Media)</p><p>The fierce influx of hot money has driven SPACs to surge since 2020, and now the market is beginning to return to normal. In 2020, a total of 248 SPACs went public on the U.S. stock market, raising a total of more than $84 billion, exceeding the total amount raised by SPACs in previous years. The market remained hot in the first quarter of 2021, with 308 SPAC IPOs, exceeding the total for the entire previous year, raising $99.6 billion, far exceeding traditional IPOs.</p><p>SPACs seem to be trending towards disrupting the traditional IPO market, but extremes always backfire, and signs of the market peaking are beginning to emerge. The recent frenzy surrounding SPACs has raised market concerns, and US regulators are intentionally adjusting regulatory rules. In the long run, policy adjustments and a significant tightening of liquidity will be major uncertainties for the future development of SPACs.</p><p>As an innovative financial instrument, there is equal support and opposition to SPACs. In fact, countries around the world, including the United States, are \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement. Looking back at the history of SPACs, they have been adapting to the development of the capital market by continuously optimizing their systems and improving their trading rules.</p><p>A precipitous drop occurred, with the number of Spacipos falling from 110 to 14 in a single month.</p><p>In the past two months, the SEC (Securities and Exchange Commission) has issued new accounting guidelines for SPACs (Special Purpose Acquisition Companies), which have instantly calmed down the SPAC market. On April 12, the U.S. SEC announced that Warrants sold by SPACs should be classified as liabilities rather than equity.</p><p>A Warrant is a right that a public investor can exchange for one share of common stock at a fixed price in the future. From an accounting perspective, these types of warrants were previously classified as \"equity,\" and investors in SPACs purchased them at a specific price to obtain huge returns.</p><p>Since they are liabilities, the promoters need to regularly account for the value of the warrants, which clearly increases the procedural burden for SPAC promoters who seek simplicity. This means that if the value of warrants fluctuates significantly, the affected SPACs will have to restate their financial performance. In other words, if you have already completed your financial statements, initiated a reverse merger and acquisition application, and begun the merger and acquisition process, then you may need to redo your financial statements in accordance with the new requirements.</p><p>The impact of this move on the market was like pouring cold water on its head. Statistics show that the number of newly established SPACs plummeted in April, from a historical peak of 110 in March to 13 in April, and only 19 in May. Many companies have suspended their SPAC listing applications and begun to readjust their accounting standards.</p><p>Since 2020, the SPAC market has been booming like never before, raising the alarm of overseas regulators. The SEC had previously warned SPAC investors multiple times. In early April, an SEC official said that SPACs had \"some significant but undiscovered\" problems.</p><p>In March, the SEC warned investors that they should not invest in SPACs simply because they are celebrities among their sponsors. Some market analysts have even called SPACs \"the crystallization of wisdom in this era of short-sighted IPOs, a solution after a large number of unicorns were accumulated during the era of massive monetary easing over the past decade, and the king of this round of bubbles.\"</p><p>\"In the past, going public to raise money required going through the IPO process. Why not just give out accounts to retail investors?\", \"Capital's empty promise game is essentially just exploiting retail investors\", \"Getting something for nothing\". This has always been a blind box game for ordinary investors' wealth. SPAC listed car companies have become the hardest hit by collapses. There are widespread doubts about SPACs, this new type of financial instrument.</p><p>In the wealth blind box game, SPAC-listed automakers have become the hardest hit by collapses.</p><p>Beyond the regulatory blow, the brutal market is also becoming an alchemical stone for SPACs. Recently, several new energy vehicle companies in the United States have been exposed for alleged fraud. Most of them went public in 2020 through the SPAC model, and then collapsed one after another within about six months.</p><p>On June 16, according to foreign media reports, Lordstown Motors, a US-listed startup new energy vehicle company, announced that its CEO Steve Burns and CFO Julio Rodriguez have resigned. In October 2020, Lordstown went public on the Nasdaq Stock Exchange through a SPAC under the ticker symbol \"RIDE\".</p><p>On its first day of trading, Lordstown's stock price rose by nearly 20%, but in March of this year, short-selling firm Hindenburg Research accused Lordstown of using fake orders to raise funds for its Endurance electric pickup truck. The pickup truck will still be several years away from production, but Lordstown insists that production of the model will begin as planned in September.</p><p>Six months seems to have become a life-or-death criterion for SPAC listed companies. In March 2020, it was regarded by the industry as the \"truck industry\".<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Nikola Corp. announced its IPO through a reverse merger and Acquisition with SPAC company VectorIQ Acquisition Corp. The deal brings NikolaCorp.'s corporate market capitalization to $3.3 billion and raises approximately $525 million in working capital.</p><p>Just six months after its listing, Nikola Corp. collapsed. In September 2020, Hindenburg Research released a report stating that Nikola Corp. was suspected of falsifying products and technologies. Not only did the company not master the manufacturing technology for hydrogen fuel cells, but it also made dozens of false statements in many aspects, including its semi-trailer trucks, battery technology, hydrogen production, Nikola One, and even its multi-billion dollar orders. Following the release of the report, Nikola Executive Chairman Trevor Milton announced his resignation.</p><p>The collective resignation of the company's senior executives could not save the plummeting stock price. Currently, Nikola Corp.'s stock price is hovering around $15 per share, a drop of nearly 80% from its peak price of $66 per share before being shorted.<img src=\"https://static.tigerbbs.com/9ec57d3a166878fc396f28f04648875f\" tg-width=\"913\" tg-height=\"555\" referrerpolicy=\"no-referrer\">Nicholas Corp. Stock price trend</p><p>The streamlined listing process and more lenient review standards have always been the main reasons why the SPAC model is so popular in the market. However, this is also a double-edged sword. Due to the simple listing process and relatively lax regulation, the SPAC listing model lacks the strict oversight of investment banks, thus harboring significant risks, such as false capital injection by the listed target and business entities not complying with listing regulations.</p><p>The potential for high returns is very attractive to founders and public investors, but the secrets to the SPAC wealth blind box game are only in the hands of a small number of people.</p><p>\"The essence of a SPAC is the monetization of the founder's resources. Therefore, the equity structure of a SPAC naturally gives the founder the investment leverage to acquire a higher proportion of equity at a lower cost,\" said the Sun Jinju research team at Open Source Securities. Founders can set up a SPAC with just $25,000, which translates to no more than 2 cents per share of common stock. However, \"the target of a SPAC acquisition is highly uncertain. Public investors are participating in a blind box game with high potential returns, and the success rate of the game depends on the SPAC founder.\"</p><p>Is the market about to peak? SPACs have been evolving over the past 30 years</p><p>As an innovative financial instrument, countries around the world, including the United States, are actually \"crossing the river by feeling the stones,\" and are generally in the process of exploration and improvement.</p><p>The past year has thrust SPACs into the spotlight of global capital markets. In 2020 alone, 248 SPACs went public, raising over $83 billion, accounting for half of all IPOs in the United States that year. In the first three months of this year, the number of SPACs listed and the amount of funds raised have exceeded the total amount of last year. Private equity giants, business tycoons, and celebrities have all gotten involved in SPACs, making this SPAC quickly \"go viral\".<img src=\"https://static.tigerbbs.com/e3935d6372e6d7a6d74f92c250589da9\" tg-width=\"648\" tg-height=\"368\" referrerpolicy=\"no-referrer\">In order to compete for high-quality companies, major exchanges around the world are also actively promoting and improving the SPAC mechanism.<a href=\"https://laohu8.com/S/S68.SI\">Singapore Exchange</a>On March 31, a public consultation was launched regarding the introduction of the SPAC mechanism, and the SPAC framework is expected to be officially announced as early as mid-2021. Some media reports,<a href=\"https://laohu8.com/S/00388\">Hong Kong Stock Exchange</a>We are also considering developing a SPAC framework suitable for the Hong Kong market, with the goal of launching the first batch of SPACs by the end of the year. It is understood that Hong Kong regulators are considering formulating stricter rules than those in the United States.</p><p>With strong support from the global market, the momentum of SPACs has been unstoppable. Amidst the frenzy, the market seems to be showing signs of peaking. Co-founder of Marshall Wace, a hedge fund managing $55 billion in assets, based in the UK.<a href=\"https://laohu8.com/S/JRJC\">Financial world</a>Paul Marshall, a household name, warned about the SPAC bubble. He said, \"The SPAC phenomenon will end badly, and many people will suffer.\"</p><p>Two major investment giants in the global financial markets have been relentless in criticizing SPACs. \"Gambling with other people's money.\" At this year's shareholders' meeting, Buffett defined the SPAC listing mechanism in this way, while Munger directly called it a kind of \"easy money\" (ill-gotten gains). He doesn't like things that are used to deceive investors and exploit retail investors.</p><p>However, there are also voices of support in the market. Regarding the series of repressive measures taken by US regulators, a market observer named Steven Davidoff Solomon...<a href=\"https://laohu8.com/S/NYT\">New York times</a>The article states that although some SPACs are too aggressive or go public too early, or even announce erroneous and false business plans, it cannot be denied that SPACs have revived the IPO market for small and emerging growth companies over the past 20 years.</p><p>Since GKN Securities launched SPACs into the market in 1993, nearly 30 years ago, the trading rules and regulations for SPACs have been constantly being adjusted and improved. For example, the recent deal between another hedge fund tycoon, Bill Ackman, and Universal Music, which has attracted much attention. Media reports indicate that Ackman's SPAC, Pershing Square Tontine Holding (PSTH), is in talks with Universal Music regarding a merger. This could be the largest deal in the SPAC frenzy, with the combined company valued at $40 billion.</p><p>In this transaction, Ackman created a new type of SPAC called SPARC (Special Purpose Acquisition Rights Company), which addresses some of the current shortcomings of SPACs, such as not tiing up investor funds until the transaction is completed. This is considered the third generation evolution of SPACs.</p><p>In the long run, the Federal Reserve's rate hike policy is also a sharp sword hanging over SPACs. Once a liquidity tightening occurs, the secondary market tide will recede, and the naked swimmers will also surface. Although the Federal Reserve announced on June 16 that it would maintain the Federal Funds rate target range at 0-0.25%, which was in line with market expectations. However, most Federal Reserve officials predict that rate hike will arrive as early as 2023.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/497190.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4d8b4ef5e124da060f276a5c2f3dd5af","relate_stocks":{"QQQ":"纳指100ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares"},"source_url":"http://www.zhitongcaijing.com/content/detail/497190.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2144154703","content_text":"经历了一季度的火爆，短短2个月，狂热的SPAC就凉了。2021年3月，SPAC IPO数量攀至110个的历史顶峰之后，4月瞬间悬崖式下跌至13个，5月为19个。最近一年单月SPAC IPO数量,制图：钛媒体\n热钱凶猛，让SPAC从2020年开始一路狂奔，如今市场开始恢复常态。2020年一整年，共有248家SPAC公司在美股上市，募资总额达到840多亿美元，超过SPAC往年的IPO募资总和。2021年一季度市场依旧火爆，SPAC IPO数已达308起，超越去年全年总和，募资规模达996亿美元，远超传统IPO。\nSPAC似有颠覆传统IPO市场的趋势，但物极必反，市场见顶的迹象初露端倪。这段时间，SPAC的狂热已经引起市场警惕，美国监管层正在有意进行监管规则的调整。长期来看，相关政策调整、流动性大幅收紧等都将是SPAC未来发展的重大不确定性因素。\n作为一个创新型的金融工具，对SPAC支持和反对的声音同样高涨。事实上，包括美国在内的世界各国都在“摸着石头过河”，总体上，都处于探索、完善的过程。回顾SPAC的前世今生，SPAC一直在通过不断优化制度、完善交易规则来适应资本市场的发展。\n断崖式下跌，单月SPACIPO数量从110到14\n最近两个月，SEC(美国证券交易委员会)发布的一则针对SPAC(特殊目的收购公司)的新会计指南，让SPAC市场瞬间恢复了冷静。4月12日，美国SEC宣布SPAC出售的认股权证(Warrants)应分类为负债而不是股权。\nWarrant是公众投资人将来可以按固定价格兑换一股普通股的权利。从会计的角度上看，此前，该类认股权证被归为“股本”，SPAC的投资者以特定的价格购买以此获得巨大收益。\n既是负债，发起人就需要定期核算认股权证的价值，这明显给追求简便的SPAC发起人增加了手续上的负担。这意味着，如果认股权证的价值波动较大，受影响的SPAC将必须要重述他们的财务业绩。也就是说，如果你已经做完了财报，发起了反向并购申请，开始走并购程序，那么你可能要按照新要求重新做一遍财报。\n此举对市场的影响犹如当头泼了一盆冷水。统计显示，4月新设立的SPAC数量发生骤减，从3月的历史峰值110个断崖式下跌至4月的13个，5月也仅有19个。很多公司暂停了SPAC上市申请，并开始就会计准则作出了重新调整。\n2020年以来，SPAC市场空前火爆，已经引发海外监管机构的警惕，此前SEC就已多次警示SPAC的投资者，4月初，SEC的一位官员表示，SPAC存在“一些重大但尚未发现的”问题。\n3月，SEC曾警告投资者，投资SPAC不应仅因为SPAC发起人中的明星而进行投资。有市场人士更是称SPAC是“这个急功近利的IPO时代的智慧结晶，是过去十年大放水时代里囤积出大量独角兽后的解决方案，更是这一轮的泡沫之王”。\n“以前上市圈钱还走一下IPO流程，不如直接给韭菜发帐号吧”、“资本画饼游戏实质还是割韭菜”、“空手套白狼”，一直以来普通投资人财富盲盒游戏，SPAC上市车企已成爆雷重灾区对SPAC这种新型的金融工具的各种质疑普遍存在。\n财富盲盒游戏，SPAC上市车企已成爆雷重灾区\n监管的当头一棒之外，残酷的市场也正成为SPAC的炼金石。近日，美国多家新能源车企被曝涉嫌造假，其中大部分车企都是通过SPAC模式在2020年实现上市，而后在半年左右的时间内相继爆雷。\n6月16日，据外媒消息，美股上市初创新能源车企LordstownMotors宣布，公司首席执行官史蒂夫伯恩斯和首席财务官胡里奥罗德里格斯已经辞职。2020年10月，Lordstown通过SPAC在纳斯达克证券交易所上市，股票代码为 \"RIDE\"。\n上市首日，Lordstown股价一度上涨近20%，但今年3月，做空机构HindenburgResearch指控Lordstown使用虚假订单为其Endurance电动皮卡筹集资金。该款皮卡仍需要数年才能投入生产，但Lordstown坚称将在9月按计划开始生产该车型。\n半年似乎成了SPAC上市公司的一个生死命门。2020年3月，被业内视为“卡车界特斯拉”的Nikola Corp.宣布通过与SPAC公司VectorIQ Acquisition Corp.反向并购上市。该交易使NikolaCorp.的公司市值达到33亿美元，并筹集约5.25亿美元的运营资金。\n上市仅6个月后，Nikola Corp.爆雷。2020年9月，Hindenburg Research发布报告称， Nikola Corp.公司在产品及技术方面涉嫌造假，不仅该公司并未掌握氢燃料电池的制造技术，其半挂式卡车、电池技术、氢气生产、Nikola One甚至其数十亿美元大订单等诸多方面也存在数十个虚假声明。报告发布后，Nikola执行董事长Trevor Milton宣布了辞职。\n公司高层集体辞职，也拯救不了一路下跌的股价。目前，Nikola Corp.股价在15美元/股上下徘徊，相比被做空前66美元/股的峰值股价已跌去近80%。Nikola Corp.股价走势\n一直以来，上市程序更精简，审查标准更宽松都是SPAC模式备受市场推崇的主要原因。但这也是一把双刃剑，由于上市流程简单、监管相对较松，SPAC上市模式相对缺乏投资银行的严格把关，因而埋藏了较大风险，比如上市标的虚假注资、业务主体不合上市规范等。\n潜在高额回报对创始人和公众投资者具有很强的吸引力，但SPAC财富盲盒游戏的密码只掌握在一小部分人手里。\n“SPAC的本质是创始人的资源变现，因此SPAC在股权结构的设置上天然赋予了创始人以较低成本获取较高比例股权的投资杠杆。”开源证券孙金钜研究团队表示。创始人仅需2.5万美元即可成立一个SPAC，折算下来，普通股每股价格不超过2美分。但“SPAC收购标的具有高度不确定性，公众投资者参与的是潜在收益率颇高的盲盒游戏，而游戏的胜率取决于SPAC创始人”。\n市场快见顶了?30年间SPAC一直在不断演变\n作为一个创新型的金融工具，事实上包括美国在内的世界各国都在“摸着石头过河”，总体上，都处于探索、完善的过程。\n过去的一年把SPAC彻底推上了全球资本市场的风口浪尖。单是2020年一年，共有248家SPAC上市，募资超830亿美元，占美国全年IPO的半壁江山。今年前三个月，SPAC的上市数量和募资金额已经超过去年全年。PE巨头、商界大佬及明星富豪等纷纷涉足SPAC，让这场SPAC快速“出圈”。为了抢夺优质公司，世界各大交易所也在积极推进和完善SPAC机制。新加坡交易所3月31日就引入SPAC机制向公众展开了咨询，预计最快在2021年年中正式公布SPAC框架。有媒体报道，香港交易所也正考虑制定适合香港市场的SPAC框架，目标是在年底迎来首批SPAC。据悉，香港监管机构考虑制定比美国更严格的规则。\n在全球市场的大力推崇之下，SPAC的势头一发不可收拾。热炒之下，市场似乎在透露出见顶的信号。掌管550亿美元资产的对冲基金Marshall Wace的共同创始人、在英国金融界无人不晓的大腕保罗·马歇尔(Paul Marshall)对SPAC泡沫发出警告。他说：“SPAC现象将以糟糕的结局收场，而且很多人会受害。”\n全球金融市场的两大投资泰斗更是毫不留情的批评SPAC。“用别人的钱来赌博。”在今年的股东大会上，巴菲特给SPAC这一上市机制下了如此定义，芒格则直接说这是一种“easy money\"(不义之财)，他不喜欢这种用来骗人投资割韭菜的东西。\n但是市场上也不乏支持的声音。对于美国监管层的一系列压制措施，一位名叫Steven Davidoff Solomon的市场观察人士在纽约时报上撰文表示，虽然一些SPAC过于激进或者过早上市，甚至公布错误虚假的商业计划，但是，不能否认的一点是，过去20年SPAC让小公司和新兴成长公司的IPO市场复苏起来。\n自从1993年，美国GKN证券将SPAC推向市场近30年来，SPAC的交易规则制度一直在不断调整完善。比如近期备受关注的另外一位对冲基金大佬Bill Ackman与环球音乐的交易。有媒体报道称Ackman旗下SPAC公司Pershing Square Tontine Holding(PSTH)正在和环球音乐(Universal Music)进行并购方面的磋商，这可能是SPAC狂潮下的最大一笔交易，合并后的新公司估值将达400亿美元。\n这次交易中，Ackman 衍生了一种名为SPARC(特殊目的收购权公司)的新型SPAC形式，解决了SPAC目前运作的一些缺陷，比如在交易完成之前不占用投资者资金。这被认为是SPAC的第三代演变。\n长期来看，美联储的加息政策也是悬在SPAC头上的一把利剑，一旦流动性收紧，二级市场潮水退出，裸泳者也将浮出水面。虽然美国联邦储备委员会在6月16日宣布维持联邦基金利率目标区间在0-0.25%之间不变，符合市场预期。但美联储多数官员预测，加息最早会在2023年到来。","news_type":1,"symbols_score_info":{"NQmain":0.9,"QQQ":0.9,"SQQQ":0.9,"QLD":0.9,"MNQmain":0.9,"TQQQ":0.9,"PSQ":0.9,"QID":0.9}},"isVote":1,"tweetType":1,"viewCount":4406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}