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 ...

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. $TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$

$Grab Holdings (GRAB.US)$
oversold shorties?

$TENCENT (00700.HK)$ Chinese regulators have given Tencent Holdings approval to publish updates to nine of its mobile apps including QQ Music and WeCom, media reported on Friday.
Chinese media outlet The Paper reported that the updates had appeared in the Apple app store. Last month, China required Tencent to submit any new apps or updates for inspection after a number of its apps were found to have infringed users' rights and interests.
Tencent confirmed to Reuters that the nine apps had been reviewed and given the green light by regulators to resume regular updates in the app stores.
Chinese regulators have cracked down on the country's tech companies over the past year, seeking to dismantle some of the industry's long-held practices after accusing them of monopolistic behaviour and infringing user rights.
This has included a step-up in checks on mobile apps.

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