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, market adjustments are no longer news. Wei Ya's tax payment is the big news. The national dilemma reflected behind Wei Ya's tax payment is the most important.
It can be summed up in four words: fiscal constraints.
The tax avoidance method used by Wei Ya is the mainstream tax avoidance method of today. Even Fan Bingbing was taxed in the same way in the past. If you are familiar with tax planning, you should know that it involves using the method of assessed taxation to set up a shell company and convert high income into assessed taxation. After such operation, the final profit of 100 million yuan may only be taxed at 5%. However, if the taxes are truthfully reported, the enterprise income tax and personal income tax cannot be avoided, which amounts to 45%.
Who can't get along with money? Normal people wouldn't want to pay 45% tax. Besides the visible salaries of corporate executives, the reason why there were no issues in the past and issues are arising now is because the country is implementing the policy of common prosperity and intends to recover the tax avoidance money from high-income individuals.
Is Wei Ya breaking the law? Definitely. But in the past, it was just a bug and there was no report from the people or investigation from the officials. Local governments turned a blind eye. But now, things are different. D's will is going after the wealthy, especially those at the top of the internet influencer industry. It used to be movie stars and now it's live streamers. Additionally, in both domestic and international society, high-income groups are being targeted. While the poor won't get a single cent, they are very happy watching from the sidelines.
So, what does this common prosperity have to do with stock market investment? It has a significant impact. You need to understand the determination of the country's common prosperity and what it emphasizes.
Fairness! Fairness! Fucking fairness!
So in the future, there are many industries that have been cut off by the national policy of fairness, especially internet plus-related industries such as the Alibaba Group, Douyin Toutiao, and Meituan.
Who is the smartest among these platforms? It's the Douyin Toutiao system.
I'll tell you, if you haven't watched Douyin, maybe you've heard about Zhang's account. In just a few months, he has gained tens of millions of fans by filming rural life. People's Daily even gave a special review. Some analysis says it's because of the popular filming techniques, while others say people are tired of the glamorous city life and yearn for the countryside.
They're all wrong.
This is the most obvious case under the national policy of common prosperity. It aims to give grassroots people the opportunity so that they can represent the majority of ordinary people and have the opportunity to become the next Zhang. Douyin truly understands the national policies of poverty alleviation and supporting agriculture, as well as grassroots short video entrepreneurship. In the future, a large number of Zhangs will be supported, showcasing various opportunities and lifestyles in rural areas through massive flow of traffic. If you happen to be a short video entrepreneur or live-streaming e-commerce model, you should see this trend. This is the policy direction conveyed by d's will. Starting a business in the countryside is the best opportunity. Whether it's rural e-commerce or ecological tourism, they are the future directions.
But d's will also requires banks to reduce the income of fixed income products and widely promote equity assets. This is also a method of achieving common prosperity. Only when ordinary people have the opportunity to grow their wealth, can this society be healthy. It should not be the case where the rich get richer through stock market investments while ordinary people cannot see any opportunities.
To grasp your own opportunities in the next 20 years, you need to deeply understand the national policy of common prosperity. At the same time, you should also think about this: How is it that Viya earns billions of dollars but pays a smaller proportion of taxes compared to someone who earns a few thousand yuan?
Is this reasonable?
Alright, let's briefly discuss these. If you're interested, we can talk more about how the national policy of Shitongjingyuguó can bring about changes in our lives. $TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$

$Grab Holdings (GRAB.US)$
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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