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Brazilian fintech giant Nubank is going public on December 9 under ticker "NU" $Nu Holdings (NU.US)$ . Shares should be priced between $8 and $9, depending on demand. The fintech is currently the largest digital bank in the world by number of member accounts.
The company backed by billionaire Warren Buffett's $Berkshire Hathaway-A (BRK.A.US)$ offers digital accounts and international credit cards without fees and currently has 48 million members.
According to a ranking by CBInsights, Nubank is the 7th most valuable unicorn worldwide, behind fintechs Stripe, Klarna and Revolut.
Didn't see many people are talking about it. Does any mooers aware that the company is going public right away? Or does the company need to put more effort into its marketing campaign?
View More:
IPO-pedia | Buffett-Backed Fintech Nubank Files for U.S. IPO
Source:
Nubank IPO: Warren Buffet’s Fintech Play Is Going Public
The company backed by billionaire Warren Buffett's $Berkshire Hathaway-A (BRK.A.US)$ offers digital accounts and international credit cards without fees and currently has 48 million members.
According to a ranking by CBInsights, Nubank is the 7th most valuable unicorn worldwide, behind fintechs Stripe, Klarna and Revolut.
Didn't see many people are talking about it. Does any mooers aware that the company is going public right away? Or does the company need to put more effort into its marketing campaign?
View More:
IPO-pedia | Buffett-Backed Fintech Nubank Files for U.S. IPO
Source:
Nubank IPO: Warren Buffet’s Fintech Play Is Going Public
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$YZJ Shipbldg SGD (BS6.SG)$ I think inflation n rising material costs eating into its profit. It needs a booster jab!
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$Futu Holdings Ltd (FUTU.US)$ $UP Fintech (TIGR.US)$
Ladies and gentlemen, it is your friendly neighbourhood 股神 again.
After much debate and discussion on both fundamental and technical analysis, as well as brokerage and security laws with my fellow investment friends, we have collectively came to the same conclusion - these 2 stocks have indeed reached rock bottom and can only rise from here.
Some conclusions:
1. China is easing up on its regulatory grip. Refer to recent news and Biden-Xi virtual meeting discussion.
2. The fear of regulation has already been priced into both stocks.
3. 2 Possible regulatory outcomes:
A) Both companies be slapped with a fine, comply with regulations and funding limits for mainland customers onto the platforms will be imposed. (Most likely)
B) The worse that can happen is a complete ban - no new mainland customers can be acquired, but existing customers with funds already overseas is out of grip. Also, savvy investors will still be able to transfer their money overseas via various means.
To conclude, we expect both stocks to rise soon, with TIGR going up much more. We welcome you to join us on board of this train.
有危机,才有商机。
Have fun investing. Cheers!!
Ladies and gentlemen, it is your friendly neighbourhood 股神 again.
After much debate and discussion on both fundamental and technical analysis, as well as brokerage and security laws with my fellow investment friends, we have collectively came to the same conclusion - these 2 stocks have indeed reached rock bottom and can only rise from here.
Some conclusions:
1. China is easing up on its regulatory grip. Refer to recent news and Biden-Xi virtual meeting discussion.
2. The fear of regulation has already been priced into both stocks.
3. 2 Possible regulatory outcomes:
A) Both companies be slapped with a fine, comply with regulations and funding limits for mainland customers onto the platforms will be imposed. (Most likely)
B) The worse that can happen is a complete ban - no new mainland customers can be acquired, but existing customers with funds already overseas is out of grip. Also, savvy investors will still be able to transfer their money overseas via various means.
To conclude, we expect both stocks to rise soon, with TIGR going up much more. We welcome you to join us on board of this train.
有危机,才有商机。
Have fun investing. Cheers!!
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$TENCENT (00700.HK)$ Credit Suisse released a research report saying that maintaining(0700. HK)The target price was lowered by 5.9% from HK $680 to HK $640, which reduced the forecast of earnings per share in 2021-22 by 0%-2%.
According to the report, Tencent's total revenue is expected to increase by 14% to 143.4 billion yuan in the third quarter (the same below). The adjusted net profit is expected to increase by 1% to 32.8 billion yuan. By market segment, mobile game revenue is expected to increase by 9%, mainly because flagship games remain stable without major new product releases. In addition, the recovery of the epidemic has led to weak offline payment, and financial technology and business services may slow down to 32% growth.
According to the report, Tencent's total revenue is expected to increase by 14% to 143.4 billion yuan in the third quarter (the same below). The adjusted net profit is expected to increase by 1% to 32.8 billion yuan. By market segment, mobile game revenue is expected to increase by 9%, mainly because flagship games remain stable without major new product releases. In addition, the recovery of the epidemic has led to weak offline payment, and financial technology and business services may slow down to 32% growth.
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