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DBS
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DBS
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trademaster
Supreme |
05-Jul-2019 13:07
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I doubt shorting, more like unloading 
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kandinsky
Master |
05-Jul-2019 13:06
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Singaporeans generally very conservative.
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JesseTyler
Veteran |
05-Jul-2019 12:58
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I may long later, see how.
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kandinsky
Master |
05-Jul-2019 12:30
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They better cover back before price runs up in the afternoon. Of course I could be wrong.
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john_ric
Supreme |
05-Jul-2019 12:30
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e banking licences.  future is hazy.   try to look at sph e paper.   |
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JesseTyler
Veteran |
05-Jul-2019 12:01
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I think people are shorting this. I won' t be surprised if it drops a $1 today. | ||||
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investshare
Supreme |
05-Jul-2019 11:23
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I will add at $24.88 or below.
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trademaster
Supreme |
05-Jul-2019 11:21
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I will bottom scoop around $25, drop due to impact of likelihood of interest rate hike and Ebanking licences. 
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kandinsky
Master |
05-Jul-2019 10:30
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Picked up some | ||||
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Sin_Cos_Tan
Veteran |
03-Jul-2019 18:41
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5 Digital Banking Licenses Are Slated to Be Issued. Should Singapore Banks Worry? http://www.fool.sg/2019/07/01/5-digital-banking-licenses-are-slated-to-be-issued-should-singapore-banks-worry/ Investors should remain cautious and watchful Investors in the local banks should remain cautious and continue to monitor the developments and news surrounding the digital bank licenses, as these have the potential to disrupt the comfortable oligopoly which the incumbents have at the moment. There is definitely some cause for worry, though, at this preliminary stage, it is uncertain how much market share may flow to the new digital players.   |
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Sin_Cos_Tan
Veteran |
03-Jul-2019 09:12
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S& P 500 posts new record close, but trade worries cap gains http://www.cnbc.com/2019/07/02/stock-market-wall-street-monitors-us-china-trade-uncertainty.html Stocks rose slightly on Tuesday, but gains were kept in check after the U.S. threatened a new wave of tariffs on European goods, dampening recent optimism surrounding the Washington-Beijing trade truce.   |
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Sin_Cos_Tan
Veteran |
02-Jul-2019 09:27
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US-China trade truce leaves markets with big questions http://edition.cnn.com/2019/06/30/investing/stocks-week-ahead/index.html The Dow climbed past its best-ever closing record when the market opened Monday but fell back as the day went on. The benchmark finished just 0.4%, or 117 points, higher. However, it' s important for investors to remember that existing tariffs remain in place, meaning the current drag on growth and earnings will continue. This comes at a time when global PMI data shows continued manufacturing weakness in China, Europe and even the US. The temporary agreement does little to resolve the fundamental conflicts over trade issues that broke down talks in May . But uncertainty about whether a meaningful agreement can be finalized could loom over markets in the second half of the year. |
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enjoylife77
Veteran |
01-Jul-2019 18:53
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Hopefully it can cross the previous high back in May/June 2018. | ||||
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FATABA
Supreme |
01-Jul-2019 13:12
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Its a fact that those business that can move hv or are alrdy planning to move out ( w balance of 20+ years) Shanghai will b China financial centre or alrdy is . However what is more sad is the people ...those who cant afford to move > accept the fact to be a part of CHina ? Or move to somewhere who dont recognise them .....a LONG issue since day 1  
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Starship
Supreme |
01-Jul-2019 10:52
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Money, Money, Money, Always Sunny, In the Rich Man' s World................................................ ![]() ![]() ![]() Wealth managers head to Singapore as China concerns dim Hong Kong' s lure 01 Jul 2019 08:46AM(Updated:  01 Jul 2019 09:00AM) HONG KONG:  Some foreign wealth managers are scrapping plans to open offices in Hong Kong in favour of Singapore, as the rich begin to move funds from the Chinese territory where a new extradition Bill has  stoked public unrest, people familiar with the matter said. A mid-sized European private wealth advisory firm has abandoned a plan to set up its Asia arm in Hong Kong and will instead aim to launch it in Singapore, its London-based chief executive told Reuters. " We have been watching the situation in Hong Kong for the last few weeks and what we are seeing there doesn' t give us much confidence," said the chief executive, on condition of anonymity due to the sensitivity of the matter. " For me, the most important thing is stability for clients because you don' t want to go and invest US$1 million-US$2 million to set up operations and then one day you need to shut it down because your clients don' t feel safe to operate in that market." Some Hong Kong tycoons have begun moving their personal wealth offshore as concerns deepen over a government plan to allow extraditions of suspects to face trial in China for the first time, Reuters reported earlier this month. In a survey published by trade publication Asian Private Banker last year, 58 per cent  of the respondents ranked Singapore as the most preferred offshore wealth management hub, followed by Hong Kong and Switzerland, respectively. The survey said Singapore had become particularly attractive because, compared to Hong Kong, it was " less connected to mainland China from a regulatory, political, and financial perspective" . Rahul Sen, a London-based global leader for private banking at headhunter Boyden, said three of his multi-office wealth advisory clients decided in the last few weeks to hire teams of bankers in Singapore after initially considering Hong Kong. " New teams that are being set up, they are asking why should they align with Hong Kong when the future of Hong Kong itself as an independent wealth hub is uncertain," Sen said. Singapore property brokers, though, said they are seeing increased inquiries and visits from Hong Kong-based groups including real estate fund managers and family offices, or private investment vehicles of the rich. Ian Loh, head of investments and capital markets at Knight Frank Singapore, said the investors are looking at a range of properties &ndash including offices and hotels - starting at around S$200 million and going to over S$500 million. " The events of recent weeks are likely to add more momentum to a trend that has emerged over the last 18 months where Hong Kong-based private investors and family offices have been looking actively at Singapore property assets," said Chris Marriott, CEO of Savills in Southeast Asia. https://www.channelnewsasia.com/news/business/wealth-managers-choose-singapore-over-hong-kong-china-11676124 ![]()   |
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ahhuat08
Elite |
01-Jul-2019 10:39
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now my 24.3 something lots become like a steal le. investing in banks always pays off in the end. |
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FATABA
Supreme |
01-Jul-2019 10:34
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A now DBS is jus ahead of UOB ...
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Starship
Supreme |
01-Jul-2019 09:43
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Get rid of all the shorties........................ ![]() ![]() ![]()
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Starship
Supreme |
30-Jun-2019 15:51
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![]()
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investshare
Supreme |
30-Jun-2019 15:07
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Trump in North Korea, the world lives happily ever after.. | ||||
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