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Good morning mooers! Here are things you need to know about today's Singapore:
●Singapore shares opened lower on Monday; STI down 1.01%
●Commodities face tough week as Fed angst builds
●Stocks and REITs to watch: Singtel, SPH Reit, Aspen
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Monday. The $FTSE Singapore Straits Time Index (.STI.SG)$ decreased 1.01 per cent to 3,114.16 ...
●Singapore shares opened lower on Monday; STI down 1.01%
●Commodities face tough week as Fed angst builds
●Stocks and REITs to watch: Singtel, SPH Reit, Aspen
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Monday. The $FTSE Singapore Straits Time Index (.STI.SG)$ decreased 1.01 per cent to 3,114.16 ...
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Singaporean internet giant Sea $Sea (SE.US)$ has released its second quarter of 2022 financial results. Sea reported total revenue of US$2.9 billion for the second quarter, up 29.0% from US$2.3 billion in the same period last year. The net loss was $931.2 million, compared to a net loss of $433.7 million in the prior year's quarter.
Key Notes
Total revenue was US$2.9 billion, an increase of 29.0% compared to US$2.3 billion in the same period last year.
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Key Notes
Total revenue was US$2.9 billion, an increase of 29.0% compared to US$2.3 billion in the same period last year.
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Notice: all mooers commented “sign up” before Feb 25th 15:00 (SGT) will be invited into our study group by this Sunday!
Hi mooers, welcome to join our learning camp!
Did you notice that the cost of living is getting higher since the outbreak of COVID-19 pandemic?
As inflation can eat away at our money, we become anxious and start to make extra income.
Investing in stock becomes popular among the public with its high h...
Hi mooers, welcome to join our learning camp!
Did you notice that the cost of living is getting higher since the outbreak of COVID-19 pandemic?
As inflation can eat away at our money, we become anxious and start to make extra income.
Investing in stock becomes popular among the public with its high h...
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The world's largest cryptocurrency by market capitalization began to drop Thursday around 2 p.m. ET, following the lead of the equity market, which saw a sharp decline into the U.S. 4 p.m. Bitcoin has fallen 17.83 % last week.
Here's what analysts are saying is behind the fall in price:
1. Negative market sentiment
Bitcoin's (BTC) fall in price is a simple continuation of the same trend that has been occurring in the last few weeks – negative market s...
Here's what analysts are saying is behind the fall in price:
1. Negative market sentiment
Bitcoin's (BTC) fall in price is a simple continuation of the same trend that has been occurring in the last few weeks – negative market s...
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$XIAOMI-W (01810.HK)$
It is said that xiaomi will release the Mi 12 X, MI 12 and MI 12 Pro in three models. In addition to the submersible lens, the other three lenses are all 50 megapixel flagship solutions with snapdragon 8 Gen1 chips. I have already finished the press conference on 28th, I can say that I am super looking forward to it.
It is said that xiaomi will release the Mi 12 X, MI 12 and MI 12 Pro in three models. In addition to the submersible lens, the other three lenses are all 50 megapixel flagship solutions with snapdragon 8 Gen1 chips. I have already finished the press conference on 28th, I can say that I am super looking forward to it.
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$Semiconductors (BK2015)$ , Can this be traded?
Translated
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Shares of $Alibaba (BABA.US)$ and $Baidu (BIDU.US)$ traded slightly higher in Hong Kong on Monday, while $JD.com (JD.US)$ , $Tencent (TCEHY.US)$ , $Li Auto (LI.US)$ and $XPeng (XPEV.US)$ slumped.
What’s Moving: Shares of Alibaba and Baidu traded about 1% higher each in Hong Kong at the time of writing, while JD.Com, Tencent, Li Auto and Xpeng traded lower, in a range between 1% and 3%. Chinese EV startup $NIO Inc (NIO.US)$ unveiled a mid-size sedan named ET5 at its annual Nio Day event on Saturday. The new vehicle is seen as a competitor to $Tesla (TSLA.US)$ Model 3 sedan, which is the Elon Musk-led company’s best-selling car globally. Hong Kong’s benchmark Hang Seng Index opened lower on Monday and was down almost 1% at the time of writing. The index closed 1.2% lower on Friday amid worries about rising U.S.-China tensions after the U.S. government imposed new sanctions on Chinese tech companies.
Why Is It Moving? The Hang Seng Index extended losses even as the People’s Bank of China (PBOC) cut its benchmark lending rate for the first time in almost two years on Monday.
The one-year loan prime rate (LPR) was reduced from 3.85% to 3.8% as part of the central bank’s efforts to support the Chinese economy, which is struggling from muted consumer spending and a slump in the property sector.
Worries about the spread of the Omicron coronavirus variant around the world also weighed on the market.
Shares of Chinese companies closed mostly lower in U.S. trading on Friday after the major averages in the U.S. ended lower as investors grappled with the reality of tighter monetary policy by the Federal Reserve.
What’s Moving: Shares of Alibaba and Baidu traded about 1% higher each in Hong Kong at the time of writing, while JD.Com, Tencent, Li Auto and Xpeng traded lower, in a range between 1% and 3%. Chinese EV startup $NIO Inc (NIO.US)$ unveiled a mid-size sedan named ET5 at its annual Nio Day event on Saturday. The new vehicle is seen as a competitor to $Tesla (TSLA.US)$ Model 3 sedan, which is the Elon Musk-led company’s best-selling car globally. Hong Kong’s benchmark Hang Seng Index opened lower on Monday and was down almost 1% at the time of writing. The index closed 1.2% lower on Friday amid worries about rising U.S.-China tensions after the U.S. government imposed new sanctions on Chinese tech companies.
Why Is It Moving? The Hang Seng Index extended losses even as the People’s Bank of China (PBOC) cut its benchmark lending rate for the first time in almost two years on Monday.
The one-year loan prime rate (LPR) was reduced from 3.85% to 3.8% as part of the central bank’s efforts to support the Chinese economy, which is struggling from muted consumer spending and a slump in the property sector.
Worries about the spread of the Omicron coronavirus variant around the world also weighed on the market.
Shares of Chinese companies closed mostly lower in U.S. trading on Friday after the major averages in the U.S. ended lower as investors grappled with the reality of tighter monetary policy by the Federal Reserve.
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