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$CapitaLandInvest (9CI.SG)$ ☠️☠️☠️ CapitaLand warns of China...
$CapitaLandInvest (9CI.SG)$ ☠️☠️☠️
CapitaLand warns of China divestment losses.
The company may incur “potential fair value or divestment losses” that impact near-medium term non-operating earnings.
Its current exposure to China is 27% of its S$113 billion in funds.
CapitaLand Investment’s management said in an analyst call earlier this month that it hopes to divest about S$1 billion in China this year, according to a Citigroup Nov 6 note, which added that it estimates the company has just sold about S$300 million so far.
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Rainbow8 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Stock Watch OP Rainbow8 : 9C1 half dead
Lady_Cat : tgif @Stock Watch is this consider good or bad news?
Stock Watch OP Lady_Cat : very bad news, but market has reacted liao
KopiOkosong86 Stock Watch OP : Monday will be very red?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Stock Watch OP KopiOkosong86 : I believe Market had reacted. but might see more sell pressure as SG market welcome the sch holiday
一起发 Stock Watch OP : jialat 没眼看。![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
littlepanda :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Stock Watch OP 一起发 :
Stock Watch OP littlepanda :
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