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Today's stock market adjustment is not news anymore, Weya's tax payment is the big news. The national dilemma reflected by Weya's tax payment is the most important.
Actually, it's just four words, financial tightness.
The tax avoidance method used by Weya is the mainstream tax avoidance method nowadays, including how Fan Bingbing was taxed back then. If you are familiar with tax planning, you should know that it is done by setting up a shell company to convert high income into assessed tax. With such an operation, the final profit of 100 million yuan may only be subject to a tax of 5 points. In contrast, if it is reported honestly, corporate income tax and personal income tax will be about 45 points.
Who has a bad relationship with money? Normal people would not go through the hassle of filing 45 tax points. Apart from the salaries of corporate executives on the surface. The reason why there were no issues before but now there are problems is because the country is implementing the policy of common prosperity, trying to reclaim the tax avoidance money from the high-income groups.
Do you think Viya broke the law? Certainly, she did break the law, but before it was just brushed off as a minor issue, with no one reporting and no officials investigating. But things are different now, as there is the will to target the wealthy, especially those in the influential fields like livestreaming. It used to be movie stars, now it's live streaming influencers. With the society, both domestically and internationally, cracking down on the wealthy, even though the poor may not benefit monetarily, they are very happy to watch the drama unfold.
So, how does this common prosperity relate to stock market investments? The connection is significant. You need to see the country's determination for common prosperity, what are they emphasizing?
Fairness! Fairness! Damn fairness!
So in the future, there are many industries whose prospects have been cut down by the national policy of fairness. Especially internet-platform companies that have used traffic to generate wealth, such as Alibaba, Douyin Toutiao, and Meituan.
Among these platforms, who is the smartest? It's the Douyin Toutiao system.
I'll explain so you understand. If you haven't watched Douyin videos, you might have heard of this account, Zhang. In just a few months, he has gained tens of millions of fans by filming rural life. Even the People's Daily has made a special comment on it. Some say it's because of his professional filming techniques, while others say that people are tired of the glamorous city life and long for the countryside.
You're all wrong.
This is the most obvious case under the national strategy of common prosperity. The goal is to create opportunities for the grassroots. Only when the grassroots have opportunities, can they represent the majority of ordinary people and have the chance to become the next Zhang. Douyin really understands the national policies, supporting poverty alleviation, rural assistance, and grassroots short video entrepreneurship. In the future, there will be a large number of Zhang-type entrepreneurs supported, showcasing various opportunities and lives in rural areas with tremendous traffic. If you happen to be a short video entrepreneur or live-streaming e-commerce, you should see this trend. This is the policy orientation conveyed by the will of the nation. It is the best trend to start a business in rural areas in the future. Whether it is rural e-commerce or ecological tourism, these are all good directions for the future.
But the will of the nation also requires banks to reduce the yield of fixed-income products and promote comprehensive popularization of equity assets. This is also a method of common prosperity. Only when ordinary people have the opportunity for wealth growth, can this society be healthy. It's not about the rich getting richer through stock market investments, while ordinary people cannot see opportunities.
To grasp the opportunities that belong to you in the next 20 years, one must have a deep understanding of the national policy of common prosperity. At the same time, one must also consider: is it reasonable that Viya's income is in the tens of billions, yet her tax burden ratio is lower than people earning a few thousand in salary?
Is this reasonable?
Okay, let's briefly discuss these topics. If you're interested, we can talk about how the policies of the same world, the capital, and the country can bring us change in the future. $TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$
Actually, it's just four words, financial tightness.
The tax avoidance method used by Weya is the mainstream tax avoidance method nowadays, including how Fan Bingbing was taxed back then. If you are familiar with tax planning, you should know that it is done by setting up a shell company to convert high income into assessed tax. With such an operation, the final profit of 100 million yuan may only be subject to a tax of 5 points. In contrast, if it is reported honestly, corporate income tax and personal income tax will be about 45 points.
Who has a bad relationship with money? Normal people would not go through the hassle of filing 45 tax points. Apart from the salaries of corporate executives on the surface. The reason why there were no issues before but now there are problems is because the country is implementing the policy of common prosperity, trying to reclaim the tax avoidance money from the high-income groups.
Do you think Viya broke the law? Certainly, she did break the law, but before it was just brushed off as a minor issue, with no one reporting and no officials investigating. But things are different now, as there is the will to target the wealthy, especially those in the influential fields like livestreaming. It used to be movie stars, now it's live streaming influencers. With the society, both domestically and internationally, cracking down on the wealthy, even though the poor may not benefit monetarily, they are very happy to watch the drama unfold.
So, how does this common prosperity relate to stock market investments? The connection is significant. You need to see the country's determination for common prosperity, what are they emphasizing?
Fairness! Fairness! Damn fairness!
So in the future, there are many industries whose prospects have been cut down by the national policy of fairness. Especially internet-platform companies that have used traffic to generate wealth, such as Alibaba, Douyin Toutiao, and Meituan.
Among these platforms, who is the smartest? It's the Douyin Toutiao system.
I'll explain so you understand. If you haven't watched Douyin videos, you might have heard of this account, Zhang. In just a few months, he has gained tens of millions of fans by filming rural life. Even the People's Daily has made a special comment on it. Some say it's because of his professional filming techniques, while others say that people are tired of the glamorous city life and long for the countryside.
You're all wrong.
This is the most obvious case under the national strategy of common prosperity. The goal is to create opportunities for the grassroots. Only when the grassroots have opportunities, can they represent the majority of ordinary people and have the chance to become the next Zhang. Douyin really understands the national policies, supporting poverty alleviation, rural assistance, and grassroots short video entrepreneurship. In the future, there will be a large number of Zhang-type entrepreneurs supported, showcasing various opportunities and lives in rural areas with tremendous traffic. If you happen to be a short video entrepreneur or live-streaming e-commerce, you should see this trend. This is the policy orientation conveyed by the will of the nation. It is the best trend to start a business in rural areas in the future. Whether it is rural e-commerce or ecological tourism, these are all good directions for the future.
But the will of the nation also requires banks to reduce the yield of fixed-income products and promote comprehensive popularization of equity assets. This is also a method of common prosperity. Only when ordinary people have the opportunity for wealth growth, can this society be healthy. It's not about the rich getting richer through stock market investments, while ordinary people cannot see opportunities.
To grasp the opportunities that belong to you in the next 20 years, one must have a deep understanding of the national policy of common prosperity. At the same time, one must also consider: is it reasonable that Viya's income is in the tens of billions, yet her tax burden ratio is lower than people earning a few thousand in salary?
Is this reasonable?
Okay, let's briefly discuss these topics. If you're interested, we can talk about how the policies of the same world, the capital, and the country can bring us change in the future. $TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$
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Diamond Yen
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$ComfortDelGro (C52.SG)$ Buy, slowly collect the tickets
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Diamond Yen
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$Alibaba (BABA.US)$
what's the deal now. All the sudden futu is not counting when Alibaba is in the Green but you make sure it goes against my holding position when it is RED . WTF. EXPLAIN THAT S___t!!
what's the deal now. All the sudden futu is not counting when Alibaba is in the Green but you make sure it goes against my holding position when it is RED . WTF. EXPLAIN THAT S___t!!
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Diamond Yen
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2021 is awesome because I started my investment journey... I selected Moo Moo as my desired investment platform due to several reasons, 1) Moo Moo offers user friendly interface, 2) lots of news, short quick articles and videos to level up my investment knowledge, 3) low charge fees for trading, and 4) offers free stocks! The journey so far using Moo Moo has been exceptionally pleasant.
For my investment portfolio, I diversify on several fronts.
I actively invest in Bank stocks including $OCBC Bank (O39.SG)$, $DBS Group Holdings (D05.SG)$, $UOB (U11.SG)$, which provide for great gains and dividends.
For Reits, I would recommend $CapLand IntCom T (C38U.SG)$, $CapLand Ascendas REIT (A17U.SG)$, $Suntec Reit (T82U.SG)$ and $Keppel DC Reit (AJBU.SG)$. Good source of high dividends.
Other SG stocks include $ST Engineering (S63.SG)$ and $SGX (S68.SG)$ are worth considering.
For US stocks, $Apple (AAPL.US)$ is definitely a good stock to invest in. I would expect the stock to rise further with the excitement over the release of the Apple Car in the near future. In the upcoming hype of the electric cars, stocks such as $NIO Inc (NIO.US)$, $Lucid Group (LCID.US)$ would probably gain traction over time. I previously bought NIO with the believe that the stock would soar in time.
For the HK market, $BABA-W (09988.HK)$ and $ICBC (01398.HK)$ are my targets. Alibaba is currently very much undervalued, thus expecting it to increase soon after recovery from its nosedive for a period.
All of the above stocks, I am adopting the long term investment mentality to gradually increase the volume for high dividend returns.
Patience and diligence is what I learnt through the process as I spent many days observing the stock trends to determine when would be the best time to enter the market.
With uncertainty over news of the Omicron variant, stocks seem to be bearish during this time, I see it as an opportunity to buy more during the dip. So far, I am happy with the performance of all my investment, laying the foundation for growth as the economy gradually recovers.
One cool thing I did was to sell the Twitter stock and use whatever funds to buy a biotech stock, $Longeveron (LGVN.US)$. This was the only one off instance that I traded based on luck with the strike lottery mindset. As in times of covid, biotech stocks tend to be rocketing high dynamically within a day. I made a decent profit out of it when the stock shot up. This was quite an experience.
Hope for all to invest well and into a Great 2022 ahead!
For my investment portfolio, I diversify on several fronts.
I actively invest in Bank stocks including $OCBC Bank (O39.SG)$, $DBS Group Holdings (D05.SG)$, $UOB (U11.SG)$, which provide for great gains and dividends.
For Reits, I would recommend $CapLand IntCom T (C38U.SG)$, $CapLand Ascendas REIT (A17U.SG)$, $Suntec Reit (T82U.SG)$ and $Keppel DC Reit (AJBU.SG)$. Good source of high dividends.
Other SG stocks include $ST Engineering (S63.SG)$ and $SGX (S68.SG)$ are worth considering.
For US stocks, $Apple (AAPL.US)$ is definitely a good stock to invest in. I would expect the stock to rise further with the excitement over the release of the Apple Car in the near future. In the upcoming hype of the electric cars, stocks such as $NIO Inc (NIO.US)$, $Lucid Group (LCID.US)$ would probably gain traction over time. I previously bought NIO with the believe that the stock would soar in time.
For the HK market, $BABA-W (09988.HK)$ and $ICBC (01398.HK)$ are my targets. Alibaba is currently very much undervalued, thus expecting it to increase soon after recovery from its nosedive for a period.
All of the above stocks, I am adopting the long term investment mentality to gradually increase the volume for high dividend returns.
Patience and diligence is what I learnt through the process as I spent many days observing the stock trends to determine when would be the best time to enter the market.
With uncertainty over news of the Omicron variant, stocks seem to be bearish during this time, I see it as an opportunity to buy more during the dip. So far, I am happy with the performance of all my investment, laying the foundation for growth as the economy gradually recovers.
One cool thing I did was to sell the Twitter stock and use whatever funds to buy a biotech stock, $Longeveron (LGVN.US)$. This was the only one off instance that I traded based on luck with the strike lottery mindset. As in times of covid, biotech stocks tend to be rocketing high dynamically within a day. I made a decent profit out of it when the stock shot up. This was quite an experience.
Hope for all to invest well and into a Great 2022 ahead!
238
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Diamond Yen
liked
Shares of $Alibaba (BABA.US)$ , $Tencent (TCEHY.US)$ , $Baidu (BIDU.US)$ , $JD.com (JD.US)$, $Li Auto (LI.US)$ and $XPeng (XPEV.US)$ rose in Hong Kong on Monday.
What’s Moving: Chinese e-commerce giant Alibaba’s shares traded 3.2% higher at HKD 125.10 in Hong Kong, while peer JD.Com’s shares have risen almost 1% to HKD 315.20. Alibaba is scheduled to hold its virtual investor day event on Dec. 16 and Dec. 17. Tech conglomerate Tencent’s shares have gained 2.7% to HKD 476.00 and technology company Baidu’s shares have risen 1.3% to HKD 147.80. Electric vehicle maker Li Auto’s shares traded 4.3% higher at HKD 127.90 and peer Xpeng’s shares are up 3.4% to HKD 186.40. Hong Kong’s benchmark Hang Seng Index opened higher on Monday and was up 1.1% at the time of writing. The index snapped a three-day winning streak and closed almost 1.1% lower on Friday.
Why Is It Moving? The Hang Seng Index rose after China’s policymakers pledged to ensure economic stability next year and also hinted at easing regulations on Big Tech companies following a regulatory crackdown this year.
The annual Central Economic Work Conference concluded in Beijing on Friday, with policy markets stressing on efforts to maintain economic stability next year while pursuing progress, the state-run Xinhua News Agency reported.
Shares of Chinese companies closed mostly higher in U.S. trading on Friday after the major averages in the U.S. ended at record highs. This was despite the Labor Department reporting a 6.8% increase in the consumer price index (CPI) in the month of November, the fastest inflation growth since 1982.
What’s Moving: Chinese e-commerce giant Alibaba’s shares traded 3.2% higher at HKD 125.10 in Hong Kong, while peer JD.Com’s shares have risen almost 1% to HKD 315.20. Alibaba is scheduled to hold its virtual investor day event on Dec. 16 and Dec. 17. Tech conglomerate Tencent’s shares have gained 2.7% to HKD 476.00 and technology company Baidu’s shares have risen 1.3% to HKD 147.80. Electric vehicle maker Li Auto’s shares traded 4.3% higher at HKD 127.90 and peer Xpeng’s shares are up 3.4% to HKD 186.40. Hong Kong’s benchmark Hang Seng Index opened higher on Monday and was up 1.1% at the time of writing. The index snapped a three-day winning streak and closed almost 1.1% lower on Friday.
Why Is It Moving? The Hang Seng Index rose after China’s policymakers pledged to ensure economic stability next year and also hinted at easing regulations on Big Tech companies following a regulatory crackdown this year.
The annual Central Economic Work Conference concluded in Beijing on Friday, with policy markets stressing on efforts to maintain economic stability next year while pursuing progress, the state-run Xinhua News Agency reported.
Shares of Chinese companies closed mostly higher in U.S. trading on Friday after the major averages in the U.S. ended at record highs. This was despite the Labor Department reporting a 6.8% increase in the consumer price index (CPI) in the month of November, the fastest inflation growth since 1982.
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Diamond Yen
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Shares of $Alibaba (BABA.US)$ $JD.com (JD.US)$ , $Baidu (BIDU.US)$ and $XPeng (XPEV.US)$ fell in Hong Kong on Thursday, while $Li Auto (LI.US)$ rose and $Tencent (TCEHY.US)$ traded flat.
What’s Moving: Chinese e-commerce giant Alibaba’s shares traded 3.3% lower at HKD 121.50 and peer JD.Com’s shares are down 0.5% to HKD 339.60 in Hong Kong amid worries about Beijing’s crackdowns on overseas listings.China is eyeing a ban on domestic companies that are seeking to apply for overseas listing through variable interest entities, or VIEs, it was reported, citing Bloomberg.Technology company Baidu’s shares have fallen 0.9% to HKD 146.40, while tech conglomerate Tencent’s shares were flat at HKD 469.40.Electric vehicle maker Xpeng’s shares have lost 4.3% to HKD 208.60, while Li Auto’s shares have gained 0.7% to HKD 143.30 after the company said its deliveries in November rose nearly three-fold to an all-time high.
Why Is It Moving? The Hang Seng Index pared gains after initial optimism about the long-awaited border reopening with mainland China.
Shares of Chinese companies closed mostly lower in U.S. trading on Wednesday after the major averages in the U.S. ended sharply lower. The Center for Disease Control and Prevention confirmed the first case of COVID-19 caused by the new Omicron variant in the U.S.
What’s Moving: Chinese e-commerce giant Alibaba’s shares traded 3.3% lower at HKD 121.50 and peer JD.Com’s shares are down 0.5% to HKD 339.60 in Hong Kong amid worries about Beijing’s crackdowns on overseas listings.China is eyeing a ban on domestic companies that are seeking to apply for overseas listing through variable interest entities, or VIEs, it was reported, citing Bloomberg.Technology company Baidu’s shares have fallen 0.9% to HKD 146.40, while tech conglomerate Tencent’s shares were flat at HKD 469.40.Electric vehicle maker Xpeng’s shares have lost 4.3% to HKD 208.60, while Li Auto’s shares have gained 0.7% to HKD 143.30 after the company said its deliveries in November rose nearly three-fold to an all-time high.
Why Is It Moving? The Hang Seng Index pared gains after initial optimism about the long-awaited border reopening with mainland China.
Shares of Chinese companies closed mostly lower in U.S. trading on Wednesday after the major averages in the U.S. ended sharply lower. The Center for Disease Control and Prevention confirmed the first case of COVID-19 caused by the new Omicron variant in the U.S.
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$Alibaba (BABA.US)$ 消息称阿里CEO张勇要放权，部门总裁或成“迷你CEO”知情人士称，阿里巴巴集团CEO张勇正在把权力下放给公司各业务部门的负责人，以便更为灵活地应对日益增多的挑战。张勇正在把更多责任移交给各个业务部门的总裁，从基于位置的服务到云计算，这些总裁现在扮演“迷你CEO”的角色。此举旨在加快决策，以便每个部门能够更好地抵御竞争，重振低迷的销售，重塑公司整体形象。（凤凰网科技）
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Diamond Yen
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$PDD Holdings (PDD.US)$ 66. Buy some discounted tickets. Today is Black Friday. The discounts are really strong. My entire account is in full swing and is in full swing, so I have to make some noise!
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What Happened: As Chinese President Xi Jinping furthers his "common prosperity" agenda that seeks equitable sharing of wealth, it has emerged that China could impose a "data tax" on platform developers, including big internet companies, the Nikkei reported.
Why It's Important: Internet tech companies such as $Alibaba (BABA.US)$ , $Tencent (TCEHY.US)$ , $Baidu (BIDU.US)$ and $JD.com (JD.US)$ mint huge money from hawking the massive amount of personal data they collect from their users.
These companies have already taken a huge hit from an extended regulatory crackdown that was set in motion late last year. The Jack Ma-co-founded Alibaba was the first to feel the pinch.
It was in fact comments made by Ma at the same conference last year regarding overregulation that opened the Pandora's box of sorts.
The domestic tech titans were taken to task for engaging in anticompetitive practices and also misuse of user data.
Antitrust regulators ordered Alibaba to pay fine of $2.87 billion in mid-April. The company's September quarter results released last week showed the impact of the regulatory crackdown, with the company reporting the first adjusted profit decline in more than five years.
Why It's Important: Internet tech companies such as $Alibaba (BABA.US)$ , $Tencent (TCEHY.US)$ , $Baidu (BIDU.US)$ and $JD.com (JD.US)$ mint huge money from hawking the massive amount of personal data they collect from their users.
These companies have already taken a huge hit from an extended regulatory crackdown that was set in motion late last year. The Jack Ma-co-founded Alibaba was the first to feel the pinch.
It was in fact comments made by Ma at the same conference last year regarding overregulation that opened the Pandora's box of sorts.
The domestic tech titans were taken to task for engaging in anticompetitive practices and also misuse of user data.
Antitrust regulators ordered Alibaba to pay fine of $2.87 billion in mid-April. The company's September quarter results released last week showed the impact of the regulatory crackdown, with the company reporting the first adjusted profit decline in more than five years.
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