I am preparing to deploy my war chest to acquire more stocks as interest rates are falling and I see opportunities arising. In the meantime, I will enjoy what I can from money market funds like $Fullerton SGD Cash Fund (SG9999005961.MF)$ .
@aoimizu @阿哒 @费北敬 @Benji_123 @9333 @SSS AhHuatKopi SSS @小虎发大财 @phady05 @cslee1288 @ch0717 @Ch0501 @snoopee

In the previous article, we introduced "Trump Trade" strategy. According to RCP poll, as of August 30, Harris's chance of being elected was 48.1%, ahead of Trump's 46.3%. At this point, it is time to talk about "Harris Trade".
Source: Realclear Polling. Data as of August 30, 2024.
What are the differences in Harris's new policy?
1. Core: Reducing the cost of living
In Harris's economic policy speech, the focus is on reducing ...

Asia stocks to fall as tech rout deepens on Fed
Stocks in Asia are set to open weaker after a selloff in U.S. technology shares and Treasuries accelerated once Federal Reserve minutes signaled interest-rate hikes may be more aggressive than many had expected.
Australian equities slipped at the open, while Japan futures fell. U.S. contracts dropped after the $NASDAQ 100 Index (.NDX.US)$ tumbled the most since March as ri...

2021 is the year I started my investment / trading journey, therefore, it’s definitely a year to remember. I must say Moomoo 🐮 and it’s competitor 🐯 (being objective here) have really made investment easy and affordable. Gone were the days where you need to pay hefty commission fees to brokerage firms, which may have deterred many young / new investors from investing. Can I have a hand to see how many investors, who’s like me, started their investment and trading journey on this platform this year?
Anyway, I’ve created a short video to commemorate my meeting with Moomoo, and the review for 2021’s investment journey :)
Have also summarised below the takeaways from my short journey thus far (and I’m sure more to come in future!):
1. Volatility - no matter you’re a investor or trader, you will have to learn to eat and drink volatility for breakfast, lunch and dinner. Look at $Tesla (TSLA.US)$, most of the owners (including me) eat 20% ups and downs from time to time. Therefore, what is volatility? 可以吃的吗? Just keep calm and stay invested :)
2. Même stocks - 2021 saw a rise in Meme stocks. $AMC Entertainment (AMC.US)$ , $GameStop (GME.US)$ , $Digital World Acquisition Corp (DWAC.US)$ , $Phunware (PHUN.US)$ , just to name a few. I learnt the phrase “pump and dump” in the context of a stock market 😏 (if you know, you know). Stay away from these if your heart cannot handle point 1 - volatility. Bonus takeaway: Reddit’s WSB is a fun place to be in. Fun to watch, but probably not fun to follow their advices. 做个吃瓜民众就好 🍿️. PS: I got burnt by $Snap Inc (SNAP.US)$  $IronNet (IRNT.US)$ and $ChemoCentryx (CCXI.US)$ when trying to trade like god of gambler.
Ironnet - Bought at its peak 😂
3. Staying invested - biggest takeaway from 2021 is to stay invested in fundamentally strong stocks. If you have done enough research, and have high conviction for certain stocks, go for it and stick to it. It will grow and rise with you overtime. Just like you don’t keep changing your partner every other day or month right? 😉 For me, I’ve invested in , $Tesla (TSLA.US)$  $Microsoft (MSFT.US)$  $Apple (AAPL.US)$  $NVIDIA (NVDA.US)$  $Meta Platforms (FB.US)$ , and aiming for   $Sea (SE.US)$  $Salesforce (CRM.US)$  $CrowdStrike (CRWD.US)$  $ARK Innovation ETF (ARKK.US)$  $The Trade Desk (TTD.US)$   $Disney (DIS.US)$  $ProShares Bitcoin ETF (BITO.US)$  $Luminar Technologies (LAZR.US)$ and $Palantir (PLTR.US)$ next year. For trading, I’m still trying to grasp the gist and technique, and find good stocks with high volatility, where I wouldn’t minding “bagholding” even if I get stuck $BioDelivery Sciences International Inc (BDSI.US)$  $LivePerson (LPSN.US)$  $AppHarvest (APPH.US)$  $AST SpaceMobile (ASTS.US)$  $Aurora Cannabis (ACB.US)$  $Blink Charging (BLNK.US)$  $GoHealth (GOCO.US)$  $Bionano Genomics (BNGO.US)$ 
DCA for stock that I have high conviction:
There are lots of noise in the market. If they are killing you and making you can’t sleep at night, delete the brokerage app and don’t log in for a month. Just kidding! Train your heart to be strong and resilient, don’t overreact, don’t get emotional. Be rational. Just like how you deal with challenges in life, overcoming hurdles after hurdles, even when you thought you can’t.
Lastly, they call $Grab Holdings (GRAB.US)$  the super app? I would say moomoo $Futu Holdings Ltd (FUTU.US)$  is the super app for online brokerage, with such comprehensive features. Make use of the functions like “News” to stay updated, “Comments” section to exchange ideas and learn from others, “Heat map” to see the market sentiment for different industries, “Price Alerts” to keep you posted when you’re busy etc etc. And of course, for beginners, check out the cool courses! The review can go on n on. But I don’t want to test Moomoo’s word count limit 🙊

sg’s $Lion-OSPL China L S$ (YYY.SG)$ ??? but do take note the diffce is their expense ratio:
yyy by Lion ocbc is 0.62% where BlackRock charges 0.35% for 2823hk
$iShares FTSE A50 China Index ETF (02823.HK)$

Southeast Asia's ride-hailing giant Grab set to merge with U.S. firm Altimeter Growth. According to the Forbes, The transaction—which will be the world’s largest SPAC deal—will give Grab a valuation of $40 billion.
According to Form F-4, an extraordinary general meeting will be held on November 30, 2021 to consider and vote upon the business combination proposal.
Upon completion of its merger, the SoftBank-backed company will trade on the Nasdaq under ticker symbol GRAB.
Grab will receive about $4.5 billion in cash, which includes $4 billion in a private investment in public equity arrangement.
Grab: Southeast Asia's ride-hailing and delivery giant
Business Overview
SoftBank-backed Grab, founded in 2012, is a Southeast Asia's leading superapp based on GMV in 2020 in each of food deliveries, mobility and the e-wallets segment of financial services, according to Euromonitor.
The company enables millions of people each day to access its driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine, all through a single “everyday everything” app.
Grab operates across these service sectors in over 400 cities in eight countries in the Southeast Asia region – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
The company is the dominant player in the region of about 650 million people, though competition is intensifying from rivals such as Gojek, which merged with e-commerce company PT Tokopedia to bulk up.
It is also competing against Delivery Hero SE’s Foodpanda and Deliveroo Plc as well as new entrants such as AirAsia Group Bhd. in the region.
The company started out as a taxi-app, but it has been extending its services over time and expanding into grocery deliveries and financial services, as the pandemic accelerated the adoption of e-commerce and other digital platforms.
Earlier this month, GrabMart signed partnerships with supermarket and grocery chains across Indonesia, Malaysia, the Philippines, Thailand and Vietnam.
At the same time, it tied up with e-commerce firm Lazada to provide same-day delivery services to consumers in Singapore via GrabExpress.
Financial Performance
Grab generated revenue of $78 million and $396 million in the six months ended June 30, 2020 and June 30, 2021, respectively, representing a year-over-year growth rate of 406%.
Its revenue was $(845) million and $469 million in 2019 and 2020, respectively, representing a year-over-year growth rate of 155%.
According to Grab's final Form F-4, its revenue growth in 2020 and the six months ended June 30, 2021 was driven by an increase in GMV. Its GMV was $5.9 billion and $7.5 billion in the six months ended June 30, 2020 and 2021, representing a YoY growth rate of 28%.
The revenue growth in 2020 was also driven by a decrease in partner and consumer incentives from $2.4 billion in 2019 to $1.2 billion in 2020.
Its net loss was $(1.5) billion and $(1.5)billion in the six months ended June 30, 2020 and 2021, respectively. Net loss in 2019 and 2020 was $(4.0) billion and $(2.7) billion, respectively, representing a year-over-year growth of 31%.
AGC SPAC: Sponsored by institution with notable VC investments
Altimeter Growth Corp.(AGC.US) is a newly formed blank check company, an affiliate of Altimeter Capital Management which is a technology-focused investment firm.
Altimeter Capital has a proven track record of successfully investing in leading technology companies in both the private and public markets. According to its Form F-4,some of its prior investments include Expedia, Zillow, Facebook, Uber, AirBnB, ByteDance, AppDynamics, MongoDB, Okta, Twilio, Unity, and Snowflake.
Through the business combination, Grab could leverage Altimeter Capital’s investment team's capabilities, relationships, network, and deal pipeline to support it in the identification and diligence of potential targets.
Related:
Final F-4 Registration Statement of Grab
$Altimeter Growth Corp (AGC.US)$