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ocbc buyers fight back from the shortists
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chartistkao1
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25-Oct-2023 16:43
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https://www.msci.com/documents/10199/545dc5a9-6170-4d10-b9f2-415a55f4b1bc
 
https://www.investing.com/currencies/usd-sgd
how they weaken the sgd vie sell of bank shares
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chartistkao1
Supreme |
25-Oct-2023 16:36
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the sgd selldown vie the selling of ocbc is an opportunity to own some share of ocbc
https://www.edb.gov.sg/connections-concierge/service-providers/oversea-chinese-banking-corporation-limited.html
https://www.bankofsingapore.com/who-we-are.html
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chartistkao1
Supreme |
25-Oct-2023 16:28
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https://www.chinapress.com.my/20231025/%e7%8b%ae%e5%9f%8e%e6%b0%91%e4%bc%97%e6%8c%a4%e7%88%86%e5%85%91%e6%8d%a2%e5%ba%97-%e4%bb%a4%e5%90%89%e6%97%a9%e6%97%a9%e5%8d%96%e6%96%ad%e8%b4%a7/
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chartistkao1
Supreme |
25-Oct-2023 16:16
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china' s stock so cheap already Chinese equities boomed in late 2022 after the much-anticipated lifting of Covid restrictions that were among the world&rsquo s strictest. Fast forward nearly a year, and the reopening gains have  evaporated  amid a steady drumbeat of disappointing economic news, leading to a US$3 trillion ($4.11 trillion) equity rout. Foreign funds have been steady sellers even as the government has undertaken a barrage of measures to try to prop up domestic markets and the economy. A structural divestment from the world&rsquo s second-largest stock market would make it harder for China to raise overseas funds to help finance future growth.   1. What is scaring global investors away from China?This was supposed to be China&rsquo s comeback year, but investor sentiment has been dragged down by  prolonged trouble  in the property sector,  local government debt  stress and growing US-China tensions over  semiconductors  and other  technology investments. China&rsquo s economy gained momentum in the  third quarter, but there&rsquo s a lot of trepidation about calling a bottom, especially as real estate remained a sore spot. Yuan  weakness  and consumer price  deflation  are adding to worries about corporate profits. Indeed, earnings expectations for the MSCI China Index are looking overly optimistic by one metric, according to Bloomberg calculations. Other factors include worries about another  crackdown  on private enterprise such as what hit Big Tech a few years ago, low trust in the government following President Xi Jinping&rsquo s  consolidation of power  in 2022, and increasing opacity  following raids  at consulting and due diligence firms that help global investors understand the country. Advertisement
 
2. How has China responded to the drop in foreign investor interest?In October, the sovereign wealth fund  increased  its stake in the country&rsquo s big banks and promised to keep buying, while authorities  tightened  short-selling rules to stem the market slide, which saw the CSI 300 Index fall to pre-reopening levels  on Oct  20. The same day, the central bank  injected  record cash into the banking system to boost liquidity in the system and keep funding costs low. China is also said to be mulling a market stabilization  fund.   3. How bad is the foreign fund exodus?See also:  China sovereign fund buys ETFs in new bid to boost stocks Any government measures have only provided short-term relief to key equity benchmarks, if at all. The CSI 300 Index is on track for an unprecedented third year of declines, and Morgan Stanley is warning investors  against  buying the dip. Global funds are about 66 billion yuan ($12.35 billion) away from making 2023 the first year they sell Chinese shares on a net basis since trading links opened in late 2016. A strategy of stripping China out of emerging-market portfolios has been  gaining traction, with launches of stock funds that exclude China already reaching a record annual high in 2023. US and European funds shed nearly US$2 billion of China and Hong Kong equities on a net basis in October, after slashing average positions to the  lowest  since 2020 last month, according to EPFR data. That&rsquo s contributing to turnover in Chinese and Hong Kong markets falling to multi-year lows.   4. Why are people talking about the &lsquo Japanification&rsquo of China?See also:  Xi steps up economic aid with new debt issuance, PBOC visit  
  5. What&rsquo s next for China&rsquo s markets?Amid a lack of other catalysts, investors have tended to rely on policy meetings for direction. The top decision-making body Politburo usually meets in the final days of each month, while the Communist Party is expected to hold its third plenum in the coming months. Bloomberg News reported that China also plans to convene a key  financial policy gathering, which is held every five years. A potential meeting between Chinese leader Xi Jinping and US President Joe Biden at an Asia-Pacific economic summit in November could allay some geopolitical concerns. The Central Economic Work Conference to be held in December is being watched for policy direction in 2024.    https://www.cnbc.com/2018/09/14/warren-buffetts-rule-for-investing-during-the-financial-crisis.html  
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chartistkao1
Supreme |
25-Oct-2023 16:13
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Malaysian entrepreneur Tony Fernandes is planning to raise over US$1 billion in debt and equity for his Capital A conglomerate (formerly AirAsia). He is also preparing to list some of its businesses through a special purpose acquisition company (spac) or a blank-cheque company in New York, according to an article in the  Financial Times. Fernandes was said to have struck a deal with Nasdaq-listed spac Aetherium Acquisition. He is also said to list several businesses &ndash including a new business extending the AirAsia brand &ndash through Aetherium in 2024, according to the paper&rsquo s sources. Capital A has been classified as a distressed company by the Malaysian government in 2021 although the company has asked Bursa Malaysia to lift its classification in July this year. The deal with Aetherium is expected to be finalised in early 2024, according to the  Financial Times&rsquo source. The spac closed its US$115 million ($157.4 million) initial public offering (IPO) of 11.5 million units in January 2022.
&ldquo Capital A still has a lot of debt, which is concerning, but operationally things are going quite well. This year looks like it will be better than the year before Covid,&rdquo says Aletheia Capital analyst Nirgunan Tiruchelvam. &ldquo US capital markets are generally much more tolerant of finances like this than markets in Asia,&rdquo he adds. &ldquo Fernandes has an extraordinary ability to energise his investor audience.&rdquo
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chartistkao1
Supreme |
25-Oct-2023 16:05
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they make more money in very severe global crisis
How much money does the sovereign wealth fund have?
 
 
SWFs grew rapidly between 2008 and 2021, with global assets under management by these funds increasing from approximately $4 trillion to more than $10 trillion. SWFs invest in a variety of asset classes such as stocks, bonds, real estate, private equity and hedge funds.
In 2009, Buffett invested $2.6 billion as a part of Swiss Re' s campaign to raise equity capital. Berkshire Hathaway already owned a 3% stake, with rights to own more than 20%. Also in 2009, Buffett acquired Burlington Northern Santa Fe Corp. for $34 billion in cash and stock.
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chartistkao1
Supreme |
25-Oct-2023 16:00
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this is the world largest sovereign fund it has the money to buy more liked in 1998 and 2008 and march 2020 when the global stocks correct another 30% https://www.elibrary.imf.org/display/book/9781616351458/ch006.xml
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chartistkao1
Supreme |
25-Oct-2023 15:03
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https://investors.sgx.com/securities/stocks?security=O39
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chartistkao1
Supreme |
25-Oct-2023 11:24
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https://home.treasury.gov/news/featured-stories/equitable-recovery-in-the-united-states
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chartistkao1
Supreme |
25-Oct-2023 11:22
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ocbc fan club since ah gong time after 1965 https://www.youtube.com/watch?v=X9Q53ItTc1g
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chartistkao1
Supreme |
25-Oct-2023 11:18
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where is all the dollar ?have anything changed?after 12x rate hikes from big brother J." Power" https://www.youtube.com/watch?v=fqAbhPb4F98  
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chartistkao1
Supreme |
25-Oct-2023 11:12
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https://www.usatoday.com/story/money/2023/06/14/fed-interest-rate-hike-live-updates/70313232007/
 
https://www.youtube.com/watch?v=P8UWWXnSG1k
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chartistkao1
Supreme |
25-Oct-2023 11:08
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https://www.bankrate.com/banking/federal-reserve/how-much-will-fed-raise-rates-in-2023/
 
https://www.youtube.com/watch?v=X9Q53ItTc1g
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chartistkao1
Supreme |
25-Oct-2023 11:05
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https://www.china-briefing.com/news/us-china-relations-in-the-biden-era-a-timeline/
 
https://www.youtube.com/watch?v=NrmHRCTnoX8
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chartistkao1
Supreme |
25-Oct-2023 10:52
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https://www.defense.gov/News/News-Stories/Article/Article/3566970/us-focuses-on-deterrence-as-china-raises-stakes-in-indo-pacific/
 
https://www.youtube.com/watch?v=ZXIaV0shl1E
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chartistkao1
Supreme |
25-Oct-2023 10:49
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https://thehill.com/opinion/congress-blog/4273530-middle-east-conflict-poses-another-opportunity-for-us-and-china-cooperation/
 
https://www.youtube.com/watch?v=xiCWP3DmWa4
 
https://www.triplepundit.com/story/2020/blackrock-larry-fink-covid-leadership/708546
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chartistkao1
Supreme |
25-Oct-2023 10:45
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https://ecommons.luc.edu/cgi/viewcontent.cgi?article=1088& context=business_facpubs
https://www.rocketmortgage.com/learn/fed-rate-hike
https://www.youtube.com/watch?v=KF3_WtFNFPs
 
are we fool the world with cheap money from 2009 to 2020 then we hike rates 12 times to take back the cheap money and guess what will happen?
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chartistkao1
Supreme |
25-Oct-2023 10:41
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US interest rates-the nucleur bombs in financial markets to many buyers globally
https://markets.businessinsider.com/news/bonds/us-treasury-crash-bond-yields-debt-interest-rates-consumer-spending-2023-10
 
https://www.youtube.com/watch?v=2vG-uGeHzjg
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chartistkao1
Supreme |
25-Oct-2023 10:38
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do the us arm sellers make money on this situation
https://www.cnbc.com/2023/10/24/israel-hamas-war-updates-and-latest-news-on-gaza-conflict.html
 
https://www.youtube.com/watch?v=0fLYQucBa9Y
 
how much they make on this ordinary people?
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chartistkao1
Supreme |
25-Oct-2023 10:35
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shortselling globally on
https://en.wikipedia.org/wiki/Gaza%E2%80%93Israel_conflict
 
https://www.youtube.com/watch?v=5q0m1D6BOIg
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