Improving Results
$CapLand China T (AU8U.SG)$ 3.pdf pretty good results. Things should improve even more when interest rate cut this year coupled with stronger RMB exchange rate with SGD. Meantime, enjoy the dividends!
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MKYEE : The retail asset performance is really great and a lot of the lease are up for renewal in 2024. Only problem is RMB exchange rate. With US interest rate coming down, hope to see stronger RMB. At 3 cents and 83 cents, still a good 7.2% yield. Patiently waiting for RMB to strengthen while collecting dividend.