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$SOS #stockmarket #live #news #business #trading #stocks #stock SOS Limited, a technology company, provides marketing data, technology, and solutions for emergency rescue services to corporate and individual members. It operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, car rescue, financial rescue, and mutual assistance rescue cards; cooperative cloud products, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud products, such as News Today and E-Commerce Today. The company serves insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers, and other service providers in the emergency rescue services industry. SOS Limited is based Qingdao, the People's Republic of China
NYSE:SOSLong
by BADQOMOCAWGOWLD
LKCO At Key LevelI know we saw a strong day today but here it is at a frequent technical level it has had a hard time breaking above before. Can it do it again? This is where we’ve seen stocks like LKCO NASDAQ:LKCO surge this year. If you look back at the start of 2021, the penny stock was trading around $0.70 and ended up rallying as high as $3.86 last month. Similar to many stocks, Luokung shares slid during the second half of February. This was mainly in response to a $100 million financing round the company formally closed on February 22nd. Luokong is a big data processing company designing location-based services for customers in China. Its Luokuang and Superengine brands provide spatial-temporal big data via PaaS, SaaS, and DaaS services. While things like the “Internet Of Things” has captivated tech traders, there’s something else going on with LKCO that has traders’ attention right now. Quote Source: 5 Hot Penny Stocks To Buy Under $1 In March 2021
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by PennyStocks101
1
Baidu Inc.Good day traders, We position us short in Chinese tech again. According to a contact of mine in Washington, the Biden administration plans to impose a Trump-era rule aimed at combating the rising importance of Chinese technology firms . The rule, that the Trump administration proposed in November, enables the Commerce Department to ban technology-related business transactions that it determines pose a national-security threat. It is also aimed to secure US supply chains. It puts further pressure on Chinese technology companies such as Baidu, as it limits their possibility to enter the US market or get any substaintial market share. Baidu saw some tailwinds recently after news that it plans to enter the EV market in a cooperation with Geely - however, it went quiet on that venture and there were no reports of progress in that direction.
NASDAQ:BIDUShort
by UnknownUnicorn11002527
2
FUTU parabolic move coming to an end or moon?$Futu... very aggressive moving stock here, Chinese holding company that has gone parabolic, watching to see a continuation to retest ATH or a hard drop! Not a good long term stock imo, very volatile and only recommend going in this for short term swing or day trade. Expensive premiums and high IV on contracts, choppy movement or flat movement after hours will kill your premiums and contracts will lose value quick. *side note* I have been busy with work and school and still have some personal things to handle this coming month but will be dropping some charts and affordable plays later. As of now the market looks bloody as we rotate to different sectors each week. Set watchlist by sectors and see where the money is going. Lots of strong company names (aapl, tdoc, sq, tsla) on sale and are at a great spot to add them to long term portfolios. It is safe to stay away from short term swings as there is lots of market uncertainty due to stimulus, memes, inflation, etc. Don't get burned trying to catch the bottom, sacrifice a little profit and wait for clear signs of reversal. Don't know signs of reversal? well now is your time to do some research on TA, FA, Market psychology and more. I will also be uploading more educational videos covering that as soon as I can!
NASDAQ:FUTU
by jUiCE_Trades
4
The EHang Report Easily ExplainedEHang (EH) is an urban air mobility company, which is just a fancy way of saying drone, from China. Ehang’s stock crashed a whopping 62%, from $122 to $46, after a report was released. This report was released yesterday from Wolfpack Research, and I would like to go over some of the most important points from the report. Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. EHang's Empty Facilities The report starts with a brief summary of why EHang is a complete scam. Analysts from Wolfpack research visited EHang’s corporate headquarters / main manufacturing facility, and found out that it was practically empty. They roamed around the facility for 20 minutes, and couldn’t find anyone. The facility lacked advanced manufacturing equipment, a basic assembly line, and the hardest worker in the company was apparently this one security guard who was sitting down on the ground behind the bushes. This is surprising given that EHang supposedly claims to be full of world class proprietary technologies, sells drones that cost close to $300,000, and manufactures a product that could put the lives of its customers at risk if it were to be stolen, improperly operated, or tampered with. Wolfpack research has a good track record of having exposed other China-based companies, and the fact that the facility was completely empty just seemed awfully familiar. While the facility being empty doesn’t necessarily mean that EHang is a complete scam, at the least, it’s a good indication that the business is not what it claimed to be in the SEC filings. Pre-Manufactured Parts Besides employees, they also couldn’t find any industrial grade manufacturing machinery, assembly line, raw material inventory, or special work zones, which are actually very common in automobile or drone factories. Instead, it seemed highly likely that EHang was simply assembling pre-manufactured parts, as they found hundreds of boxes for parts that are used in EH216. They weren’t able to find any raw material or production equipment, and logically thinking, based on how small EHang’s actual input in creating the product is, it’s legally disputable as to whether the company can claim that their products are “manufactured by EHang”. As a comparison, they compared XAG’s facility to that of EHang’s, and both companies are located in Guangzhou. XAG manufactures unmanned drones and they look like a legitimate factory. So EHang, which manufactured drones that carry passengers, should look more robust than this. Even when comparing EHang to Robinson, a small helicopter company that is a potential competitor for EHang, Ehang’s facility looks nothing like theirs. The Yunfu Factory The analysts then debunk a lot of claims that EHang made about their supposed “manufacturing facility” in Yunfu. The first claim was that EHang had built a new production facility in Yunfu, but this turned out to be deceiving. While there was a large facility, EHang had simply rented the facility, and was in the process of retrofitting it. The second claim that EHang made, was that they had started manufacturing at the Yunfu factory in December 2020, but this claim was also false. This is what the reception for the factory looked like, and analysts were told by the Yunfu Park Committee that construction wouldn’t be complete until around February 2021. Most of the areas in the factory were either under construction or completely empty. And obviously, there weren’t any manufacturing equipment or assembly lines. The management committee also said that they were “uncertain whether or not Yunfu EHang’s funding would be available”, which raises a lot of questions about EHang’s supposed government support for this facility. Dr. Moore and T Motors Wolfpack spoke to Dr. Moore, who is the director of engineering for aviation at Uber, and discovered that Ehang uses hobby grade motors, which are not meant to propel aircrafts that carry passengers. Dr. Moore said that he “closely inspected and analyzed their configuration, and I see no significant IP anywhere." "They were using T motors. Those are hobby grade motors. Those are not aerospace products.” So then Wolfpack immediately went to research T motors, a Chinese hobby grade motor. In the custom section, where they offer original design manufacture services, or ODM services, they found something very familiar. In case you don’t know what ODM is, basically, T motor lets EHang choose the color of the motor casing, and lets EHang put their logo on parts that are designed and manufactured by T motors. Based on this, Wolfpack Research concluded that EHang was conducting light-assembly of parts they purchased from ODMs, whose motors shouldn’t be used to carry passengers. Kunxiang They also claimed that EHang created a paper company called Kunxiang, in order to pump up the stock’s price. 2 out of 3 addresses for the company Kunxiang were false, with one being an address for a hotel, and another being for an office located on the 13th floor, when the building itself had only 11 floors. Sham contracts with Kunxiang had been fabricated to pump up revenue, and make it seem like the company was growing at a rapid pace. Wolfpack Research believes that a whopping total of $33.4m from EHang’s entire revenue appears to be from sham contracts. Not to mention the fact that EHang has only collected cash for 20% of its reported revenue since its IPO, which amounts to $3.6m. What’s really suspicious about this is that they don’t charge interest on late payments, nor do they ask their clients for collateral. Deceiving Press Releases Most importantly, EHang has made extremely misleading press releases. In their Chinese press releases, they talk about misleading statements regarding regulations and licenses granted by the US and Canada. Conversely, in the English press release, they talk about regulatory approvals in China, so that both Chinese and Western investors have no idea as to what is actually happening. This is extremely deceptive. They have also omitted key words like ‘short term’, ‘one time’, ‘trial’, or ‘test’, when describing their flight approval, and add words like ‘passenger-grade’ and ‘commercial’, when describing their license. Ehang's Rebuttal To be fair, EHang has released a statement with the title: Ehang responds to deceptive Wolfpack Research Report. They say that they have forward-looking projections, statements, and predictions that are reasonable, and it’s not that they’re outright scamming, but that there are certain risks and uncertainties beyond the management’s control. To me personally, their report is not convincing at all. Conclusion The field of urban air mobility actually has potential. But with companies like EHang marrying social perception, innovation will be hindered. We’ve seen Nikola (NKLA) do this with hydrogen cars, and it seems like EHang is doing something similar, just to a worse degree. An SEC-led investigation is imminent. If you like this educational post, please make sure to like, and follow for more quality content! If you have any questions or comments, feel free to comment below! :)
NASDAQ:EH
by Michael_Wang_Official
5
LIZHI INC. Issues Letter to ShareholdersLIZHI INC. Issues Letter to Shareholders Tiya, our audio-based social product, soared to rank among the top 4 social networking apps in the U.S. Within a few months of Tiya’s launch worldwide, it has been ranked among the top 10 social networking apps in about 50 countries worldwide. Currently, Tiya has users in over 200 countries. We believe that online social networking through audio will become a dominant method of social networking in the future. we further developed LIZHI’s corporate value, while elevating our talent training initiatives, including forming collaborations with universities to cultivate talents specializing in AI technology. Moreover, we launched an "Innovation Training Camp" internally to equip our employees with innovative thinking in tandem with scientific methods. We also continued to invest in our management team with a lot of resources and systematic training to enhance management skills. we launched a new mobile app, LIZHI Podcast (also named LIZHI BOKE in Chinese), in January 2021, to provide our users with a more compelling podcast experience.
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by AlenCiken
$NIO BUY THE DIP!Alright a lot of you probably interested in this one, NIO been pulling back much less than it's peers and for good reason. They practically own the infrastructure space in China for EV at the moment with their services and battery swap stations. Any weakness in this name be a good reason to add shares for longer term. I been selling weekly puts for over a month now on this name trying to acquire shares without luck, but getting paid to wait is not a bad idea. This be the time to start going in. I sold more puts for $40 and $36 today. If it pulls back to the $30 area, I'm going to back up the truck on this one. Support areas around $41, $38 and $33, should not go lower than that, if it does, load up on those leap options.
NYSE:NIO
by LiCapitalTrading
Buy Signal: 133.55Ingenuity Trading Model used in- Stock, Forex, Futures, and Crypto markets The model is a Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information like stops and trade management feel free to contact me in the comment section or via private chat
NASDAQ:BIDULong
by IngenuityTrading