Jacques Conine
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$Fidelity Funds-Global Technology Fund(LU1823568750.MF$
If biden does introduce tarrifs as he is planning to US tech stocks will fall more
If biden does introduce tarrifs as he is planning to US tech stocks will fall more
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Jacques Conine
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I had a hard time entering the game, but Mao didn't win, and I still really believed it.
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Jacques Conine
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$Invesco S&P 500 Garp Etf(SPGP.US$
i own a mix i own SPGP i own VUAA VWRA and more recently IWM. and also a little bit of IGV.
if you look at SPGP it has been underperforming SPY for the last few months, SPGP has been sideways while SPY has been going up.
now we're seeing SPY starting to crack because of the tech stocks especially the semiconductor stocks, while the other sectors are playing catch up
this broadening is good for the market and eventually SPY will re...
i own a mix i own SPGP i own VUAA VWRA and more recently IWM. and also a little bit of IGV.
if you look at SPGP it has been underperforming SPY for the last few months, SPGP has been sideways while SPY has been going up.
now we're seeing SPY starting to crack because of the tech stocks especially the semiconductor stocks, while the other sectors are playing catch up
this broadening is good for the market and eventually SPY will re...
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Jacques Conine
liked
Ajinomoto bottom line over the past 12 years was boosted by 2 land gains that resulted in about the same contribution to the past 12 years' earnings as the operating profits. The land gains are one-off items and moving forward we have to rely just on the operations.
Ajinomoto is a mature company with revenue growing at 6.1 % CAGR over the past 12 years. So you may think that there is not much hope for better results.
But the company relocated to a new pl...
Ajinomoto is a mature company with revenue growing at 6.1 % CAGR over the past 12 years. So you may think that there is not much hope for better results.
But the company relocated to a new pl...
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Jacques Conine
liked
Jacques Conine
liked
$JD.com(JD.US$ mind the geopolitical risks if investing from the US. I think this is a decent price for a bet on the Chinese consumer recovering.
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Jacques Conine
liked
US inflation has completely cooled down. In June, the CPI recorded its first month-on-month decline in four years, and the core CPI year-on-year growth rate reached its lowest point in more than three years. These data ignited the market's expectations that interest rates might be cut in September. As inflation eases, the market anticipates that the Federal Reserve may start cutting interest rates in September.
The S&P 500 and Nasdaq ended a seven-day record of continuous gains and retreated from their highest points. Nasdaq fell nearly 2%, and technology stocks were particularly under selling pressure. Among them, Tesla plummeted 8.4%, ending its 11-day continuous rise record. Nvidia also fell 5.6%, and chip stocks fell 3.5% overall.
At the same time, there was a significant shift in market style, with the Nasdaq 100 falling sharply, while the small-cap index soared, showing the biggest market differentiation since January 2021. In the small-cap sector, the Russell 2000 Index rose 3.6%, the best performance since November last year, and hit a new high of two and a half years.
In the real estate sector, the sector with the worst performance since this year saw the biggest increase in this round of market adjustments. Regional bank stocks rose more than 4%, and the China Securities Index also showed strong performance, rising more than 2%. Among them, JD rose about 7%, and Xiaopeng Motor rose more than 8%.
In the bond market, US Treasury yields fell sharply across the board, and the US dollar index also recorded its biggest one-day decline in two months. Meanwhile, the yen rose strongly, reaching 2.6% at one point, the biggest increase since the end of 2022. The Japanese government confirmed that it is interfering with the exchange rate to support the currency. The price of gold and silver is the same as...
The S&P 500 and Nasdaq ended a seven-day record of continuous gains and retreated from their highest points. Nasdaq fell nearly 2%, and technology stocks were particularly under selling pressure. Among them, Tesla plummeted 8.4%, ending its 11-day continuous rise record. Nvidia also fell 5.6%, and chip stocks fell 3.5% overall.
At the same time, there was a significant shift in market style, with the Nasdaq 100 falling sharply, while the small-cap index soared, showing the biggest market differentiation since January 2021. In the small-cap sector, the Russell 2000 Index rose 3.6%, the best performance since November last year, and hit a new high of two and a half years.
In the real estate sector, the sector with the worst performance since this year saw the biggest increase in this round of market adjustments. Regional bank stocks rose more than 4%, and the China Securities Index also showed strong performance, rising more than 2%. Among them, JD rose about 7%, and Xiaopeng Motor rose more than 8%.
In the bond market, US Treasury yields fell sharply across the board, and the US dollar index also recorded its biggest one-day decline in two months. Meanwhile, the yen rose strongly, reaching 2.6% at one point, the biggest increase since the end of 2022. The Japanese government confirmed that it is interfering with the exchange rate to support the currency. The price of gold and silver is the same as...
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1
Jacques Conine
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Retail hospitality prospects are good, but the office and industrial sector are lagging behind
Welfare policies have been introduced, tourism has recovered, unemployment has been mitigated, and the prospects for local retail and hotel real estate are bright.
However, the vacancy rate of offices in our country remains high, causing property trusts, which focus on office buildings, to continue to face pressure; while industrial property trusts are popular, the hot market has also caused industrial prices to soar, limiting rent rates.
As a result, Hong Leong Investment Bank research only gave the real estate trust sector a “neutral” rating.
The recovery of retail real estate is strengthening
Analysts pointed out that China's retail sector is strong, mainly recovering from the COVID-19 pandemic, and research suggests that the upward trend will be maintained.
The 13% annual salary increase for public servants, the launch of a third employee provident fund account, an improvement in the unemployment rate, and a stable salary for employees all led the study to believe that personal expenses would increase, thereby stimulating the return of consumers and the growth of retail space leasing.
However, Merdeka 118 Shopping Mall and Phase 2 of the Damansara Highland Park will both be put into operation this year, which may curb the upward space for rents in existing popular shopping malls.
Travel recovery benefits hotels
On the other hand, the number of visitors to Malaysia in the first quarter of this year recorded 5.8 million; while our country's hotel operations are expected to maintain good performance in the short to medium term as the number of visitors to Malaysia grows.
The main shopping mall located in the capital Kuala Lumpur will be stimulated by travel spending based on the extension of the convenience policy that exempts Malaysian and Chinese travelers, the restoration of international flight momentum, and the expansion of the number of travelers.
Also, urban real estate in the city $KLCC(5235SS.MY$ Its Longshi Oriental Mandarin...
Welfare policies have been introduced, tourism has recovered, unemployment has been mitigated, and the prospects for local retail and hotel real estate are bright.
However, the vacancy rate of offices in our country remains high, causing property trusts, which focus on office buildings, to continue to face pressure; while industrial property trusts are popular, the hot market has also caused industrial prices to soar, limiting rent rates.
As a result, Hong Leong Investment Bank research only gave the real estate trust sector a “neutral” rating.
The recovery of retail real estate is strengthening
Analysts pointed out that China's retail sector is strong, mainly recovering from the COVID-19 pandemic, and research suggests that the upward trend will be maintained.
The 13% annual salary increase for public servants, the launch of a third employee provident fund account, an improvement in the unemployment rate, and a stable salary for employees all led the study to believe that personal expenses would increase, thereby stimulating the return of consumers and the growth of retail space leasing.
However, Merdeka 118 Shopping Mall and Phase 2 of the Damansara Highland Park will both be put into operation this year, which may curb the upward space for rents in existing popular shopping malls.
Travel recovery benefits hotels
On the other hand, the number of visitors to Malaysia in the first quarter of this year recorded 5.8 million; while our country's hotel operations are expected to maintain good performance in the short to medium term as the number of visitors to Malaysia grows.
The main shopping mall located in the capital Kuala Lumpur will be stimulated by travel spending based on the extension of the convenience policy that exempts Malaysian and Chinese travelers, the restoration of international flight momentum, and the expansion of the number of travelers.
Also, urban real estate in the city $KLCC(5235SS.MY$ Its Longshi Oriental Mandarin...
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