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News affecting Banks
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Luzern
Supreme |
09-Oct-2018 18:06
Yells: "9" |
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All that wealth destruction in China and Greater China........... https://www.bloomberg.com/news/articles/2018-10-09/tencent-s-214-billion-tumble-is-breaking-all-kinds-of-records?srnd=premium-asia https://www.bloomberg.com/news/articles/2018-10-09/hong-kong-banks-slash-property-valuations-as-home-market-teeters?srnd=premium-asia   |
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Luzern
Supreme |
09-Oct-2018 15:21
Yells: "9" |
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UOB wins.....26 broken.......
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Luzern
Supreme |
09-Oct-2018 15:01
Yells: "9" |
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For example, Country Garden, the biggest Chinese property company by sale is taking a beating........ the counter was trading at 18.42HKD at the beginning of the year, now its trading at 8.94HKD.
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Luzern
Supreme |
09-Oct-2018 14:58
Yells: "9" |
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https://www.bloomberg.com/news/articles/2018-10-09/alternative-china-pmi-gauge-says-business-has-never-been-worse?srnd=premium-asia | ||||
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Luzern
Supreme |
09-Oct-2018 14:55
Yells: "9" |
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Based on the reports, there seems to be some liquidity issue (or going to have) in China.  I do hope our banks will do their due diligence when lending out money......else.. tsk tsk......  IMO, Chinese Property and Tech Counters (that are export dominant) are mostly at risk. | ||||
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Luzern
Supreme |
09-Oct-2018 14:39
Yells: "9" |
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16 more days to UOB Q3 results....................this is getting more and more exciting. | ||||
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Luzern
Supreme |
09-Oct-2018 13:55
Yells: "9" |
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Temasek holding on DBS (direct and deemed) crossed to 30.04% from 29.48% recently.......and no, they do not have to make a general offer. | ||||
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Luzern
Supreme |
09-Oct-2018 13:52
Yells: "9" |
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Wonder what will happen first DBS below 25 or UOB below 26.........
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Luzern
Supreme |
09-Oct-2018 09:52
Yells: "9" |
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USD vs CNY.............above 7 is the trigger point where US is likely to call out China as a currency manipulator.....(IMO), opening doors for US to legally take action against China.
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Luzern
Supreme |
09-Oct-2018 09:47
Yells: "9" |
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US 10r bond rate continues its march up...3.239% USD vs CNY also up.... 6.922 |
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Luzern
Supreme |
08-Oct-2018 16:57
Yells: "9" |
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Looks like China is facing a Liquidity/Credit   issue,  so much so that   the PBOC have to do a 100 basis point cut to the reserve ratio to boost liquidity. https://www.cnbc.com/2018/10/08/us-china-trade-war-central-bank-pboc-cuts-banks-rrr-to-save-economy.html |
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Luzern
Supreme |
08-Oct-2018 09:03
Yells: "9" |
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So far so good...... .
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Luzern
Supreme |
02-Oct-2018 18:02
Yells: "9" |
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https://www.scmp.com/business/money/stock-talk/article/2166621/hong-kong-stocks-slip-chinas-manufacturing-slows-fuelling | ||||
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Luzern
Supreme |
02-Oct-2018 17:59
Yells: "9" |
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https://www.bloomberg.com/news/articles/2018-10-02/rupiah-weakens-past-15-000-per-dollar-for-first-time-since-1998?srnd=premium-asia | ||||
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Luzern
Supreme |
02-Oct-2018 17:58
Yells: "9" |
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https://www.cnbc.com/2018/10/02/new-nafta-deal-trump-team-can-now-focus-ire-on-china-trade-war.html | ||||
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Luzern
Supreme |
02-Oct-2018 17:57
Yells: "9" |
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https://www.cnbc.com/2018/10/02/italy-borrowing-costs-rise-after-new-calls-to-leave-the-euro.html | ||||
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Luzern
Supreme |
02-Oct-2018 16:15
Yells: "9" |
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Yup......it were some very good number of " joke$" for me with Venture.![]()
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Qanghoo
Supreme |
02-Oct-2018 16:08
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U already made the biggest joke on Venture, thank you.
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Luzern
Supreme |
02-Oct-2018 16:00
Yells: "9" |
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I post market positive news....you tiam tiam.....i post market negative news....you come and pick a fight.........no prize in guessing what are your positions in the markets and which counters they are. .  And I am not going to humour you with my take on Venture.![]()
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Luzern
Supreme |
02-Oct-2018 15:50
Yells: "9" |
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Right.............![]()
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