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$FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$
This is a statement from Amir Hamzah Azizan, the second Minister of Finance of Malaysia. The following is the Chinese interpretation of this statement:
Bank Negara Malaysia Governor Datuk Abdul Rasheed Ghaffour and I had another constructive investor exchange event in Singapore last week, which was arranged by CIMB, J.P. Morgan, and UOB. We spoke with over 100 participants, including financial investors and capital market participants.
I reiterated Malaysia's key initiatives under the Ekonomi MADANI framework aimed at strengthening fiscal sustainability through more transparent and sound financial management, attracting high-quality investment, particularly in new growth areas, promoting green growth, transitioning to a low-carbon economy, and building a prosperous and inclusive society through more targeted policies.
The results of the implementation of these key measures are beginning to show. Preliminary estimates of Malaysia's gross domestic product (GDP) growth in the second quarter of 2024 were 5.8%, the strongest increase in six quarters. The Malaysian currency is currently at its best performance in 14 years, surpassing regional currencies. Approved investments for the first quarter of 2024 also increased by 13%, reaching...
This is a statement from Amir Hamzah Azizan, the second Minister of Finance of Malaysia. The following is the Chinese interpretation of this statement:
Bank Negara Malaysia Governor Datuk Abdul Rasheed Ghaffour and I had another constructive investor exchange event in Singapore last week, which was arranged by CIMB, J.P. Morgan, and UOB. We spoke with over 100 participants, including financial investors and capital market participants.
I reiterated Malaysia's key initiatives under the Ekonomi MADANI framework aimed at strengthening fiscal sustainability through more transparent and sound financial management, attracting high-quality investment, particularly in new growth areas, promoting green growth, transitioning to a low-carbon economy, and building a prosperous and inclusive society through more targeted policies.
The results of the implementation of these key measures are beginning to show. Preliminary estimates of Malaysia's gross domestic product (GDP) growth in the second quarter of 2024 were 5.8%, the strongest increase in six quarters. The Malaysian currency is currently at its best performance in 14 years, surpassing regional currencies. Approved investments for the first quarter of 2024 also increased by 13%, reaching...
Translated
![Preliminary estimates of Malaysia's second-quarter GDP growth rate of 5.8%, the strongest increase in six quarters.](https://sgsnsimg.moomoo.com/sns_client_feed/104645381/20240804/dfa8c5aa986d99e4a0b14df3198fc163.jpg?area=104&is_public=true)
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“There are always opportunities. You can't make enough money, but you can lose.” This means that no matter how many 100% you earn, if you lose 100%, you lose everything. “First, make sure you don't lose; you'd rather miss out than make mistakes. As long as there are no losses, even if you earn a relatively small amount each year and grow in a geometric manner, the profit after many years will be very impressive. This is the principle of trading operations.”
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Hey mooers, ![]()
Hope you still have the energy ⚡ this weekend to recharge yourself after all the watch of the red market as well as the Olympics of Paris 2024.
Looks like the Bears 🐻 had won this week and I would like to congratulate you.
You guys have a sharp eyes and manage to protect yourself during the downfall. ![]()
Thank you for reading on the article titled:
This is bad! 😕😕 Will we ever see a recovery?
It highly encourages me to continue o...
Hope you still have the energy ⚡ this weekend to recharge yourself after all the watch of the red market as well as the Olympics of Paris 2024.
Looks like the Bears 🐻 had won this week and I would like to congratulate you.
Thank you for reading on the article titled:
This is bad! 😕😕 Will we ever see a recovery?
It highly encourages me to continue o...
![Will we ever recover this week? 😫😢🤒 This is crucial!](https://sgsnsimg.moomoo.com/sns_client_feed/104790792/20240803/1722643339021-random3865-104790792-android-org.jpeg/thumb?area=104&is_public=true)
![Will we ever recover this week? 😫😢🤒 This is crucial!](https://sgsnsimg.moomoo.com/sns_client_feed/104790792/20240803/1722643341547-random1635-104790792-android-compress.png/thumb?area=104&is_public=true)
![Will we ever recover this week? 😫😢🤒 This is crucial!](https://sgsnsimg.moomoo.com/sns_client_feed/104790792/20240803/1722650651005-random6963-104790792-android-org.jpeg/thumb?area=104&is_public=true)
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$SNS (0259.BMS)$ US stocks are terrible today, everyone be careful
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$JCY (5161.BMS)$ My 0.68 is here, I'm not buying 0.68 this time, I'm buying 0.66 💥
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$PA (7225.BMS)$
Policy background
1. **Solar Cell Tariff**: Starting in 2024, tariffs on solar cells (whether assembled into modules or not) will increase from 25% to 50%.
2. **Tariffs on steel and aluminum products**: Tariffs on selected steel and aluminum products will be increased from 0-7.5% to 25%.
### Benefits ###
1. **Solar Cell Tariff Increase**: - **Increased Market Share**: China's competitors' costs have increased, and PA may benefit from this to increase market share.
- **Price advantage**: First Solar may increase orders to PA and increase PA revenue and profitability.
2. **Increased tariffs on steel and aluminum products**: - **Export competitiveness**: PA, as a major aluminum extrusion company in Malaysia, may benefit from the US reducing aluminum imports from China.
- **Price rise**: Global aluminum prices may rise, which will help increase PA's product sales prices and profits.
### Disadvantages ###
1. **Raw material cost**: - **Increased import costs**: If PA relies on raw materials from China, import costs may increase, affecting profit margins. - **Supply chain uncertainty**: Increased tariffs may cause supply chain instability, affecting production and delivery times.
2. **Increased market competition**: - ** Replace...
Policy background
1. **Solar Cell Tariff**: Starting in 2024, tariffs on solar cells (whether assembled into modules or not) will increase from 25% to 50%.
2. **Tariffs on steel and aluminum products**: Tariffs on selected steel and aluminum products will be increased from 0-7.5% to 25%.
### Benefits ###
1. **Solar Cell Tariff Increase**: - **Increased Market Share**: China's competitors' costs have increased, and PA may benefit from this to increase market share.
- **Price advantage**: First Solar may increase orders to PA and increase PA revenue and profitability.
2. **Increased tariffs on steel and aluminum products**: - **Export competitiveness**: PA, as a major aluminum extrusion company in Malaysia, may benefit from the US reducing aluminum imports from China.
- **Price rise**: Global aluminum prices may rise, which will help increase PA's product sales prices and profits.
### Disadvantages ###
1. **Raw material cost**: - **Increased import costs**: If PA relies on raw materials from China, import costs may increase, affecting profit margins. - **Supply chain uncertainty**: Increased tariffs may cause supply chain instability, affecting production and delivery times.
2. **Increased market competition**: - ** Replace...
Translated
![The US will increase the impact of the US policy on China's solar energy and steel and aluminum products to PA](https://sgsnsimg.moomoo.com/sns_client_feed/104645381/20240707/9b490cd629057afc617e1dd869d59e03.jpg/thumb?area=104&is_public=true)
![The US will increase the impact of the US policy on China's solar energy and steel and aluminum products to PA](https://sgsnsimg.moomoo.com/sns_client_feed/104645381/20240707/ff0dd42f0954d6c97df9ff8411e7c2bf.jpg/thumb?area=104&is_public=true)
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$SNS (0259.BMS)$ What does the letter B on the candle mean?
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