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Not well versed on SG stocks.. thinking about investing into bluechips bank stocks such as $DBS Group Holdings (D05.SG)$ $UOB (U11.SG)$ $OCBC Bank (O39.SG)$ .
All 3 are performing well. Also investing in SGD as a hedge as SGD is a more stable and stronger currency compared to MYR.
What are your thoughts?
All 3 are performing well. Also investing in SGD as a hedge as SGD is a more stable and stronger currency compared to MYR.
What are your thoughts?
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$BYD COMPANY (01211.HK)$ $BYD Company ADR (BYDDY.US)$
BYD Denza is pushing forward with a planned European expansion in the face of fresh EU import tariffs on Chinese EVs.
Speaking exclusively to Autocar, European product boss Yi Sun said parent company BYD was in "discussions with potential dealers" to introduce the 14-year-old EV brand to the region.
The investment for this introduction is significant, he said. Denza is being position...
BYD Denza is pushing forward with a planned European expansion in the face of fresh EU import tariffs on Chinese EVs.
Speaking exclusively to Autocar, European product boss Yi Sun said parent company BYD was in "discussions with potential dealers" to introduce the 14-year-old EV brand to the region.
The investment for this introduction is significant, he said. Denza is being position...
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Consolidating between the POC at 639 and support at 626.44. Here are the levels to watch for the rest of the week.
Larger Image: tradingview.com...
$Netflix (NFLX.US)$
Larger Image: tradingview.com...
$Netflix (NFLX.US)$
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US Bonds
The inversion of US bond interest rates continues. The 2-year-10-year inversion narrowed to 9bps last week, and is now at 16bps.
North American neighbor Canada cut rates twice in a row last week, and the magnitude of the cuts was as expected, with no major changes. Currently, it is at 4.5%, which is already a 50bps cut, and judging from the trend of its bond yields, the inversion has formed an inverted rightward sloping straight line, and the inverted yield ...
The inversion of US bond interest rates continues. The 2-year-10-year inversion narrowed to 9bps last week, and is now at 16bps.
North American neighbor Canada cut rates twice in a row last week, and the magnitude of the cuts was as expected, with no major changes. Currently, it is at 4.5%, which is already a 50bps cut, and judging from the trend of its bond yields, the inversion has formed an inverted rightward sloping straight line, and the inverted yield ...
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$Fullerton SGD Cash Fund (18000222.FD)$
Something you guys need to be aware of for the new 6.8% promotion as compared to previous 6.8%
1) Previously it's guaranteed 6.8%, meaning moomoo will top up the difference to 6.8%. I.E. If the cash funds gives out 3%, moomoo will top up 3.8% and we get 6.8%
Now it's UP TO 6.8%. Moomoo only top up 1.68% to a maximum of 6.8%. I.E if the cash funds gives out 3%, moomoo will only top up 1.68% and we get 4.68%. If the cash funds gi...
Something you guys need to be aware of for the new 6.8% promotion as compared to previous 6.8%
1) Previously it's guaranteed 6.8%, meaning moomoo will top up the difference to 6.8%. I.E. If the cash funds gives out 3%, moomoo will top up 3.8% and we get 6.8%
Now it's UP TO 6.8%. Moomoo only top up 1.68% to a maximum of 6.8%. I.E if the cash funds gives out 3%, moomoo will only top up 1.68% and we get 4.68%. If the cash funds gi...
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Chen Dingwu, founder and managing director of Capital Investment (ICAP, 5108, Main Board Closed Fund), believes that the US economy and stock market will experience a severe recession in the next few months, while the Malaysian economy and Malaysian stocks are “protected” by the strengthening of the Chinese economy, FTSE estimates that it can maintain a psychological level of 1,600 points at the end of the year.
Regarding the argument that the US economy will decline, Chen Dingwu listed various indicators at a press conference today, including the “Sahm Rule (Sahm Rule)”, purchasing managers' index, unemployment rate, etc., indicating that the US economic recession is already traceable.
“Under these circumstances, the impact will definitely spread globally, and the close relationship between Malaysia and China can provide a buffer for the Malaysian economy and Malaysian stocks. Under optimal circumstances, Malaysian stocks can still maintain 1,600 points.”
He explained that China has been Malaysia's largest trading partner for 15 years, and is also the largest source of foreign direct investment (FDI). At the same time, it is also Malaysia's second-largest export market outside of Singapore.
When the US economy declines, overall US demand falls, and China, as a major exporter, will actively push domestic demand to drive the overall economy.
“Malaysia is very dependent on exports. Exports to ASEAN and Asia, especially China, account for 70% of total exports, while exports to the US account for only 14%. Therefore, the impact on US exports is not significant.”
Therefore, he believes that even if US demand falls and imports decrease, China can fill it if domestic demand is vigorously stimulated...
Regarding the argument that the US economy will decline, Chen Dingwu listed various indicators at a press conference today, including the “Sahm Rule (Sahm Rule)”, purchasing managers' index, unemployment rate, etc., indicating that the US economic recession is already traceable.
“Under these circumstances, the impact will definitely spread globally, and the close relationship between Malaysia and China can provide a buffer for the Malaysian economy and Malaysian stocks. Under optimal circumstances, Malaysian stocks can still maintain 1,600 points.”
He explained that China has been Malaysia's largest trading partner for 15 years, and is also the largest source of foreign direct investment (FDI). At the same time, it is also Malaysia's second-largest export market outside of Singapore.
When the US economy declines, overall US demand falls, and China, as a major exporter, will actively push domestic demand to drive the overall economy.
“Malaysia is very dependent on exports. Exports to ASEAN and Asia, especially China, account for 70% of total exports, while exports to the US account for only 14%. Therefore, the impact on US exports is not significant.”
Therefore, he believes that even if US demand falls and imports decrease, China can fill it if domestic demand is vigorously stimulated...
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