$DBS Group Holdings (D05.SG)$
Jack Ma Ant Group launching Digital Bank in Singapore, posing competition for the banks. Perhaps that’s the reason for the drop today?
https://www.bloomberg.com/news/articles/2022-06-06/ant-unveils-singapore-digital-bank-in-overseas-expansion-push
Jack Ma Ant Group launching Digital Bank in Singapore, posing competition for the banks. Perhaps that’s the reason for the drop today?
https://www.bloomberg.com/news/articles/2022-06-06/ant-unveils-singapore-digital-bank-in-overseas-expansion-push
3
$JD.com (JD.US)$ $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$
China state funds buys US listed China firms
source: Bloomberg
No wonder last night most of the high profile China firm stocks gained. Eg. Pingduoduo, Baba, JD.
That’s a good sign imo.
China state funds buys US listed China firms
source: Bloomberg
No wonder last night most of the high profile China firm stocks gained. Eg. Pingduoduo, Baba, JD.
That’s a good sign imo.
5
2
$JD.com (JD.US)$ Better than expected Q2 revenue. To the Moon!
1
The market sentiments was pretty low on Monday. Is the post pandemic peak really over?
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