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ocbc buyers fight back from the shortists

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chartiskao      ( Date: 08-Jan-2024 11:21) Posted: during 2004 we also brought ocbc when its price drops a lot why fear now Oversea-Chinese Banking Corp Ltd Higher NII and fee income raise profits SINGAPORE | BANKING | 3Q23 RESULTS ▪ 3Q23 earnings of S$1.81bn were slightly above our estimates. It came from higher net interest income and higher fee income offset by lower insurance income and higher allowances. 9M23 PATMI was 77% of our FY23e forecast. ▪ NII grew 17% YoY as NIM rose 21bps YoY to 2.27% and loan growth declined 2% YoY. Total non-interest income rose 4% YoY as higher fee income was offset by lower insurance income while trading income was flat. Allowances rose 19% due to higher SPs as credit costs increased 4bps YoY to 17bps. ▪ Maintain BUY with an unchanged target price of S$14.96. Our FY23e estimates remain unchanged. We assume 1.29x FY22e P/BV and ROE estimate of 10.8% in our GGM valuation. In FY24, we anticipate NII growth driven by stable NIMs and rising loans amid stabilised rates, with fee income recovery boosting earnings. OCBC is our preferred pick among the three banks due to attractive valuations and dividend yield of 6.6%, buffered by a well-capitalised 14.8% CET 1, and fee income recovery from China&rsquo s re- opening. Results at a glance Source: Company, PSR The Positives + Net interest income grew 17% YoY. NII grew 17% YoY led by NIM improvement of 21bps YoY to 2.27% despite loan growth dipping 2% YoY. NIM expansion was mainly driven by higher margins across the Group&rsquo s key markets. However, NII only rose 3% QoQ as NIM rose 1bps QoQ as a rise in asset yields more than outpaced the increase in funding costs. Nonetheless, OCBC has increased its NIM guidance for FY23e from above 2.20% to around 2.25%. 14 November 2023(SGD mn) 3Q23 3Q22 YoY 2Q23 QoQ Comments NII 2,456 2,099 17% 2,389 3% Increase due to NIM growth of 21bps YoY to 2.27% driven by higher margins across OCBC' s key markets despite loan growth dipping 2% YoY. Net Fees & Comm 461 453 2% 430 7% Largely due to the growth in wealth management fees from increased customer activities and from higher credit card fees. Insurance 220 249 (12%) 262 (16%) Increase mainly due to an increase in medical claims which was partly compensated by improved investment performance. Other Non-II 216 217 (0%) 311 (31%) Remained largely unchanged as higher non- customer flow was offset by lower customer flow income. Total income 3,429 3,031 13% 3,455 (1%) Expenses (1,340) (1,278) 5% (1,329) 1% Expenses up slightly due to continued investments across people and technology. Nonetheless, CIR improved 3.1% points YoY to 39.1%. PPOP 2,343 2,009 17% 2,376 (1%) Allowance (184) (154) 19% (252) (27%) Incease due to SP rising to S$220mn (2Q23: S$78mn) despite a GP write-back of S$36mn (2Q23: GP of S$76mn). Resultantly, credit costs increased by 4bps YoY but dipped 14bps QoQ to 17bps. PATMI 1,810 1,491 21% 1,710 6%BUY (Maintained) LAST CLOSE PRICE FORECAST DIV TARGET PRICE DIVIDEND YIELD 6.6% TOTAL RETURN COMPANY DATA BLOOMBERG TICKER OCBC SP O/S SHARES (MN) : 4,495 MARKET CAP (USD mn / SGD mn) : 42857 / 58294 52 - WK HI/LO (SGD) : 13.39 / 11.93 3M Average Daily T/O (mn) : 4.46 MAJOR SHAREHOLDERS (%) Selat Pte Limited 11.2% Lee Foundation Singapore 4.4% 3.2% PRICE PERFORMANCE (%) 1MTH 3MTH YTD COMPANY 1.4 2.4 14.2 STTF RETURN (0.6) (4.0) 0.6 PRICE VS. STTF So urce: B lo o mberg, P SR KEY FINANCIALS Y/E Dec (SGD mn) FY21 FY22 FY23e FY24e Total Income 10,596 11,675 13,248 13,964 Op. Profit 3,880 5,273 6,757 7,228 NPAT, adj. 4,858 5,748 7,026 7,608 EPS (SGD) 1.08 1.28 1.57 1.70 PER, adj. (x) 12.0 10.1 8.3 7.6 P/BV, x 1.1 1.1 1.0 1.0 DPS (S$) 0.53 0.68 0.85 0.90 ROE 9.5% 10.9% 12.8% 13.0% So urce: B lo o mberg, Co mpany, P SR Valuation Method: Gordon Growth Model (COE: 8.8%, g: 2%) Glenn Thum (+65 6212 1851) Senior Research Analyst [email protected] 21.9% Lee Rubber Company Pte Ltd SGD 14.96 SGD 12.97 SGD 0.85 10.00 11.00 12.00 13.00 14.00 15.00 May-17Jun-17Jul-17Aug-17Sep-17Oct-17Dec-17J chartiskao      ( Date: 04-Jan-2024 10:59) Posted: from july to october 2023 instead of selling the magicent 7(apple,google,facebook,netflix,microsoft,telsa...) and the big companies in dow and Nadsdaq and now instead of jan effect rally they decide to take proft and wait for fed chief to cut rate

 

during 2004 we also brought ocbc when its price drops a lot why fear now
Oversea-Chinese Banking Corp Ltd
Higher NII and fee income raise profits
SINGAPORE | BANKING | 3Q23 RESULTS
▪ 3Q23 earnings of S$1.81bn were slightly above our estimates. It came from higher net
interest income and higher fee income offset by lower insurance income and higher
allowances. 9M23 PATMI was 77% of our FY23e forecast.
▪ NII grew 17% YoY as NIM rose 21bps YoY to 2.27% and loan growth declined 2% YoY.
Total non-interest income rose 4% YoY as higher fee income was offset by lower
insurance income while trading income was flat. Allowances rose 19% due to higher
SPs as credit costs increased 4bps YoY to 17bps.
▪ Maintain BUY with an unchanged target price of S$14.96. Our FY23e estimates remain
unchanged. We assume 1.29x FY22e P/BV and ROE estimate of 10.8% in our GGM
valuation. In FY24, we anticipate NII growth driven by stable NIMs and rising loans amid
stabilised rates, with fee income recovery boosting earnings. OCBC is our preferred
pick among the three banks due to attractive valuations and dividend yield of 6.6%,
buffered by a well-capitalised 14.8% CET 1, and fee income recovery from China&rsquo s re-
opening.
Results at a glance
Source: Company, PSR
The Positives
+ Net interest income grew 17% YoY. NII grew 17% YoY led by NIM improvement of 21bps
YoY to 2.27% despite loan growth dipping 2% YoY. NIM expansion was mainly driven by
higher margins across the Group&rsquo s key markets. However, NII only rose 3% QoQ as NIM rose
1bps QoQ as a rise in asset yields more than outpaced the increase in funding costs.
Nonetheless, OCBC has increased its NIM guidance for FY23e from above 2.20% to around
2.25%.
14 November 2023(SGD mn) 3Q23 3Q22 YoY 2Q23 QoQ Comments
NII 2,456 2,099 17% 2,389 3%
Increase due to NIM growth of 21bps YoY to
2.27% driven by higher margins across OCBC' s
key markets despite loan growth dipping 2% YoY.
Net Fees & Comm 461 453 2% 430 7%
Largely due to the growth in wealth management
fees from increased customer activities and from
higher credit card fees.
Insurance 220 249 (12%) 262 (16%)
Increase mainly due to an increase in medical
claims which was partly compensated by
improved investment performance.
Other Non-II 216 217 (0%) 311 (31%)
Remained largely unchanged as higher non-
customer flow was offset by lower customer flow
income.
Total income 3,429 3,031 13% 3,455 (1%)
Expenses (1,340) (1,278) 5% (1,329) 1%
Expenses up slightly due to continued
investments across people and technology.
Nonetheless, CIR improved 3.1% points YoY to
39.1%.
PPOP 2,343 2,009 17% 2,376 (1%)
Allowance (184) (154) 19% (252) (27%)
Incease due to SP rising to S$220mn (2Q23:
S$78mn) despite a GP write-back of S$36mn
(2Q23: GP of S$76mn). Resultantly, credit costs
increased by 4bps YoY but dipped 14bps QoQ to
17bps.
PATMI 1,810 1,491 21% 1,710 6%BUY (Maintained)
LAST CLOSE PRICE
FORECAST DIV
TARGET PRICE
DIVIDEND YIELD 6.6%
TOTAL RETURN
COMPANY DATA
BLOOMBERG TICKER OCBC SP
O/S SHARES (MN) : 4,495
MARKET CAP (USD mn / SGD mn) : 42857 / 58294
52 - WK HI/LO (SGD) : 13.39 / 11.93
3M Average Daily T/O (mn) : 4.46
MAJOR SHAREHOLDERS (%)
Selat Pte Limited 11.2%
Lee Foundation Singapore 4.4%
3.2%
PRICE PERFORMANCE (%)
1MTH 3MTH YTD
COMPANY 1.4 2.4 14.2
STTF RETURN (0.6) (4.0) 0.6
PRICE VS. STTF
So urce: B lo o mberg, P SR
KEY FINANCIALS
Y/E Dec (SGD mn) FY21 FY22 FY23e FY24e
Total Income 10,596 11,675 13,248 13,964
Op. Profit 3,880 5,273 6,757 7,228
NPAT, adj. 4,858 5,748 7,026 7,608
EPS (SGD) 1.08 1.28 1.57 1.70
PER, adj. (x) 12.0 10.1 8.3 7.6
P/BV, x 1.1 1.1 1.0 1.0
DPS (S$) 0.53 0.68 0.85 0.90
ROE 9.5% 10.9% 12.8% 13.0%
So urce: B lo o mberg, Co mpany, P SR
Valuation Method:
Gordon Growth Model (COE: 8.8%, g: 2%)
Glenn Thum (+65 6212 1851)
Senior Research Analyst
[email protected]
21.9%
Lee Rubber Company Pte Ltd
SGD 14.96
SGD 12.97
SGD 0.85
10.00
11.00
12.00
13.00
14.00
15.00
May-17Jun-17Jul-17Aug-17Sep-17Oct-17Dec-17J

chartiskao      ( Date: 04-Jan-2024 10:59) Posted: from july to october 2023 instead of selling the magicent 7(apple,google,facebook,netflix,microsoft,telsa...) and the big companies in dow and Nadsdaq and now instead of jan effect rally they decide to take proft and wait for fed chief to cut rates chartiskao      ( Date: 04-Jan-2024 10:53) Posted: https://en.wikipedia.org/wiki/GameStop_short_squeeze   https://91mjw.tv/vplay/MjM4NDI0OS05LTA=.html

 

from july to october 2023 instead of selling the magicent 7(apple,google,facebook,netflix,microsoft,telsa...) and the big companies in dow and Nadsdaq and now instead of jan effect rally they decide to take proft and wait for fed chief to cut rates

chartiskao      ( Date: 04-Jan-2024 10:53) Posted: https://en.wikipedia.org/wiki/GameStop_short_squeeze   https://91mjw.tv/vplay/MjM4NDI0OS05LTA=.html chartiskao      ( Date: 03-Jan-2024 16:46) Posted: https://www.investing.com/currencies/usd-sgd from 2008 to 2023 the US angmos would have earned more usd when it converted sgd into usd

 

chartiskao      ( Date: 03-Jan-2024 16:46) Posted: https://www.investing.com/currencies/usd-sgd from 2008 to 2023 the US angmos would have earned more usd when it converted sgd into usd   chartiskao      ( Date: 03-Jan-2024 16:43) Posted: if you had brought 1000 shares of ocbc at $13 in 2008 and kept it until 3/1/2024 you will earned $6118 in dividend https://www.dividends.sg/view/o39   you you minus of the dividend you had collected your 1000 shares of ocbc is only cost you $6882 in 3/1/2024

 

the US angmos would have earned more usd when it converted sgd into usd
 

chartiskao      ( Date: 03-Jan-2024 16:43) Posted: if you had brought 1000 shares of ocbc at $13 in 2008 and kept it until 3/1/2024 you will earned $6118 in dividend https://www.dividends.sg/view/o39   you you minus of the dividend you had collected your 1000 shares of ocbc is only cost you $6882 in 3/1/2024   chartiskao      ( Date: 03-Jan-2024 16:30) Posted: from oct 2009 to oct 2023 every time ocbc share was selloff you buy and your dividend will grow from $0.28 in 2009 to $0.80 in 2023 https://www.dividends.sg/view/o39 https://investors.sgx.com/securities/stocks?security=O39

 

if you had brought 1000 shares of ocbc at $13 in 2008 and kept it until 3/1/2024 you will earned $6118 in dividend
 

chartiskao      ( Date: 03-Jan-2024 16:30) Posted: from oct 2009 to oct 2023 every time ocbc share was selloff you buy and your dividend will grow from $0.28 in 2009 to $0.80 in 2023 https://www.dividends.sg/view/o39 https://investors.sgx.com/securities/stocks?security=O39 chartiskao      ( Date: 03-Jan-2024 16:13) Posted: how to buy ocbc from march 2020 to dec 2024 when US rates peak and earned its dividend yield of 6.3% per year every time when the government says the economy going to go bad after they hikes transport ,electricity gst stamp duty property taxes and rubbish collection bill ,coe and all the property curbs https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=XX0IR72HGY6CIO5N when the big boy sell ocbc share you collect them and then hold it to earn https://www.dividends.sg/view/o39

 

from oct 2009 to oct 2023 every time ocbc share was selloff you buy and your dividend will grow from $0.28 in 2009 to $0.80 in 2023

chartiskao      ( Date: 03-Jan-2024 16:13) Posted: how to buy ocbc from march 2020 to dec 2024 when US rates peak and earned its dividend yield of 6.3% per year every time when the government says the economy going to go bad after they hikes transport ,electricity gst stamp duty property taxes and rubbish collection bill ,coe and all the property curbs https://investors.sgx.com/company-disclosures/company-announcements?securityCode=O39& annc=XX0IR72HGY6CIO5N when the big boy sell ocbc share you collect them and then hold it to earn https://www.dividends.sg/view/o39 chartiskao      ( Date: 02-Jan-2024 10:06) Posted: https://www.td.com/ca/en/investing/direct-investing/articles/buying-the-dip   https://sg.finance.yahoo.com/quote/O39.SI/history?period1=946857600& period2=1704153600& interval=1d& filter=history& frequency=1d& includeAdjustedClose=true   https://www.dividends.sg/view/o39

 

how to buy ocbc from march 2020 to dec 2024 when US rates peak and earned its dividend yield of 6.3% per year

chartiskao      ( Date: 02-Jan-2024 10:06) Posted: https://www.td.com/ca/en/investing/direct-investing/articles/buying-the-dip   https://sg.finance.yahoo.com/quote/O39.SI/history?period1=946857600& period2=1704153600& interval=1d& filter=history& frequency=1d& includeAdjustedClose=true   https://www.dividends.sg/view/o39 chartiskao      ( Date: 02-Jan-2024 10:03) Posted: https://www.dividends.sg/view/o39 https://www.britannica.com/money/buy-the-dip

 

chartiskao      ( Date: 02-Jan-2024 10:03) Posted: https://www.dividends.sg/view/o39 https://www.britannica.com/money/buy-the-dip chartiskao      ( Date: 02-Jan-2024 09:48) Posted: https://www.businesstimes.com.sg/singapore/price-hikes-essential-services-unavoidable-needy-households-will-get-help-pm-le

 

chartiskao      ( Date: 02-Jan-2024 09:48) Posted: https://www.businesstimes.com.sg/singapore/price-hikes-essential-services-unavoidable-needy-households-will-get-help-pm-lee chartiskao      ( Date: 02-Jan-2024 09:46) Posted: everytime when the Powel hike rates the ocbc share fall very badly but the ocbc major shareholders come in to support its share https://www.maybank2u.com.sg/en/imsavvy/money/us-federal-reserves-interest-rate-hikes.html   all the way waiting for the FED to cut rates

 

https://www.businesstimes.com.sg/singapore/price-hikes-essential-services-unavoidable-needy-households-will-get-help-pm-lee

chartiskao      ( Date: 02-Jan-2024 09:46) Posted: everytime when the Powel hike rates the ocbc share fall very badly but the ocbc major shareholders come in to support its share https://www.maybank2u.com.sg/en/imsavvy/money/us-federal-reserves-interest-rate-hikes.html   all the way waiting for the FED to cut rates chartiskao      ( Date: 29-Dec-2023 16:46) Posted: Dividend History: Analyze the bank' s dividend payment history. A consistent and growing dividend over the years can be a positive sign. It suggests that the company has a stable financial position and is committed to returning value to shareholders. Payout Ratio: Examine the payout ratio, which is the percentage of earnings paid out as dividends. A sustainable dividend is usually supported by a reasonable payout ratio. If the payout ratio is too high, it might indicate that the company is distributing more than it can afford. Financial Health: Assess the overall financial health of the bank. Look at key financial ratios, such as debt levels, profitability, and cash flow. A financially sound company is more likely to sustain its dividend payments. Economic Conditions: Consider the economic conditions in Singapore and globally. The banking sector is sensitive to economic changes, and a downturn could impact a bank' s ability to maintain or increase dividends. Company Outlook: Stay informed about the company' s future outlook, growth prospects, and any potential risks. A positive outlook for the bank' s business can contribute to confidence in its ability to continue paying dividends. https://www.straitstimes.com/business/ocbc-q3-profit-up-21-to-181-billion-amid-record-net-interest-income https://www.dividends.sg/view/o39 usdsgd 1.3187 and us treasury yields keep falling below 4%

 

everytime when the Powel hike rates the ocbc share fall very badly but the ocbc major shareholders come in to support its share

chartiskao      ( Date: 29-Dec-2023 16:46) Posted: Dividend History: Analyze the bank' s dividend payment history. A consistent and growing dividend over the years can be a positive sign. It suggests that the company has a stable financial position and is committed to returning value to shareholders. Payout Ratio: Examine the payout ratio, which is the percentage of earnings paid out as dividends. A sustainable dividend is usually supported by a reasonable payout ratio. If the payout ratio is too high, it might indicate that the company is distributing more than it can afford. Financial Health: Assess the overall financial health of the bank. Look at key financial ratios, such as debt levels, profitability, and cash flow. A financially sound company is more likely to sustain its dividend payments. Economic Conditions: Consider the economic conditions in Singapore and globally. The banking sector is sensitive to economic changes, and a downturn could impact a bank' s ability to maintain or increase dividends. Company Outlook: Stay informed about the company' s future outlook, growth prospects, and any potential risks. A positive outlook for the bank' s business can contribute to confidence in its ability to continue paying dividends. https://www.straitstimes.com/business/ocbc-q3-profit-up-21-to-181-billion-amid-record-net-interest-income https://www.dividends.sg/view/o39 usdsgd 1.3187 and us treasury yields keep falling below 4% chartiskao      ( Date: 29-Dec-2023 16:24) Posted: https://mothership.sg/2021/08/ocbc-stop-scam-remit-money/   US boyfriend do not give dividend yield of 6.3% they take all the money from you https://www.dividends.sg/view/o39

 

1. Dividend History: Analyze the bank' s dividend payment history. A consistent and growing dividend over the years can be a positive sign. It suggests that the company has a stable financial position and is committed to returning value to shareholders.
2. Payout Ratio: Examine the payout ratio, which is the percentage of earnings paid out as dividends. A sustainable dividend is usually supported by a reasonable payout ratio. If the payout ratio is too high, it might indicate that the company is distributing more than it can afford.
3. Financial Health: Assess the overall financial health of the bank. Look at key financial ratios, such as debt levels, profitability, and cash flow. A financially sound company is more likely to sustain its dividend payments.
4. Economic Conditions: Consider the economic conditions in Singapore and globally. The banking sector is sensitive to economic changes, and a downturn could impact a bank' s ability to maintain or increase dividends.
5. Company Outlook: Stay informed about the company' s future outlook, growth prospects, and any potential risks. A positive outlook for the bank' s business can contribute to confidence in its ability to continue paying dividends.
6. https://www.straitstimes.com/business/ocbc-q3-profit-up-21-to-181-billion-amid-record-net-interest-income
7. https://www.dividends.sg/view/o39
8. usdsgd 1.3187 and us treasury yields keep falling below 4%

chartiskao      ( Date: 29-Dec-2023 16:24) Posted: https://mothership.sg/2021/08/ocbc-stop-scam-remit-money/   US boyfriend do not give dividend yield of 6.3% they take all the money from you https://www.dividends.sg/view/o39 chartiskao      ( Date: 29-Dec-2023 15:59) Posted: and difficult to recover the money from thsi cunning scamers https://www.linkedin.com/posts/ocbc-bank_recently-ocbc-prevented-three-female-customers-activity-6588314190648270848-y-i

 

chartiskao      ( Date: 29-Dec-2023 15:59) Posted: and difficult to recover the money from thsi cunning scamers https://www.linkedin.com/posts/ocbc-bank_recently-ocbc-prevented-three-female-customers-activity-6588314190648270848-y-ie chartiskao      ( Date: 29-Dec-2023 15:55) Posted: https://mustsharenews.com/ocbc-scammer/ https://www.straitstimes.com/singapore/courts-crime/woman-wanted-to-transfer-over-50k-to-overseas-husband-she-might-not-have-met-before-uob it is better to buy the bank shares and earned 6.3% dividend yield then get stolen from scammers

 

and difficult to recover the money from thsi cunning scamers
https://www.linkedin.com/posts/ocbc-bank_recently-ocbc-prevented-three-female-customers-activity-6588314190648270848-y-ie

chartiskao      ( Date: 29-Dec-2023 15:55) Posted: https://mustsharenews.com/ocbc-scammer/ https://www.straitstimes.com/singapore/courts-crime/woman-wanted-to-transfer-over-50k-to-overseas-husband-she-might-not-have-met-before-uob it is better to buy the bank shares and earned 6.3% dividend yield then get stolen from scammers chartiskao      ( Date: 29-Dec-2023 15:46) Posted: better put money in bank shares rather than your money get stolen away by scammers https://www.channelnewsasia.com/commentary/phone-scam-bank-user-verification-otp-sms-app-call-4014526 at least from 2020 to 2023 your money is still in the bank shares

 

chartiskao      ( Date: 29-Dec-2023 15:46) Posted: better put money in bank shares rather than your money get stolen away by scammers https://www.channelnewsasia.com/commentary/phone-scam-bank-user-verification-otp-sms-app-call-4014526 at least from 2020 to 2023 your money is still in the bank shares   chartiskao      ( Date: 29-Dec-2023 13:49) Posted: the big funds had to sell them off so they can return to buy chealply by end 2023 https://www.businesstimes.com.sg/opinion-features/dbs-ocbc-uob-are-weighing-down-st

 

better put money in bank shares rather than your money get stolen away by scammers
https://www.channelnewsasia.com/commentary/phone-scam-bank-user-verification-otp-sms-app-call-4014526
at least from 2020 to 2023 your money is still in the bank shares
 

chartiskao      ( Date: 29-Dec-2023 13:49) Posted: the big funds had to sell them off so they can return to buy chealply by end 2023 https://www.businesstimes.com.sg/opinion-features/dbs-ocbc-uob-are-weighing-down-sti chartiskao      ( Date: 29-Dec-2023 09:37) Posted: https://agbrief.com/news/china/27/12/2023/china-changes-gaming-rules-considers-revising-them-again-after-backlash/ January 2022, China has implemented various gaming regulations to address concerns related to gaming addiction, content, and the well-being of young players. Please note that regulations may have evolved or changed since then, and it' s advisable to check the latest sources for the most up-to-date information. As of my last update, some key regulations included: Gaming Addiction and Playtime Limits: The Chinese government has been concerned about gaming addiction, especially among minors. In 2019, regulations were introduced to limit the amount of time minors could spend playing online games. Game companies were required to implement measures to restrict gaming time for players under 18. Age Verification: Online gaming platforms were required to implement real-name registration and age verification systems to ensure that minors could not easily access games meant for older players. Content Regulation: Stricter regulations were introduced regarding the content of online games, including restrictions on violence, gambling, and explicit content. Game developers and publishers were required to comply with these regulations to obtain approval for their games. Online Game Approval Process: China has a regulatory process for approving and licensing online games. Games must go through an approval process by the National Press and Publication Administration (NPPA) to be legally operated in the country. Social Credit System for Gaming Companies: In an effort to regulate the gaming industry, the Chinese government introduced a social credit system for gaming companies. Companies were evaluated based on various factors, including their adherence to regulations and social responsibility.

 

the big funds had to sell them off so they can return to buy chealply by end 2023
https://www.businesstimes.com.sg/opinion-features/dbs-ocbc-uob-are-weighing-down-sti

chartiskao      ( Date: 29-Dec-2023 09:37) Posted: https://agbrief.com/news/china/27/12/2023/china-changes-gaming-rules-considers-revising-them-again-after-backlash/ January 2022, China has implemented various gaming regulations to address concerns related to gaming addiction, content, and the well-being of young players. Please note that regulations may have evolved or changed since then, and it' s advisable to check the latest sources for the most up-to-date information. As of my last update, some key regulations included: Gaming Addiction and Playtime Limits: The Chinese government has been concerned about gaming addiction, especially among minors. In 2019, regulations were introduced to limit the amount of time minors could spend playing online games. Game companies were required to implement measures to restrict gaming time for players under 18. Age Verification: Online gaming platforms were required to implement real-name registration and age verification systems to ensure that minors could not easily access games meant for older players. Content Regulation: Stricter regulations were introduced regarding the content of online games, including restrictions on violence, gambling, and explicit content. Game developers and publishers were required to comply with these regulations to obtain approval for their games. Online Game Approval Process: China has a regulatory process for approving and licensing online games. Games must go through an approval process by the National Press and Publication Administration (NPPA) to be legally operated in the country. Social Credit System for Gaming Companies: In an effort to regulate the gaming industry, the Chinese government introduced a social credit system for gaming companies. Companies were evaluated based on various factors, including their adherence to regulations and social responsibility. chartiskao      ( Date: 29-Dec-2023 09:33) Posted: sg investors set to collect 6.3% yield in 2024 soon https://investors.sgx.com/securities/stocks?security=O39 https://www.dividends.sg/view/o39

 

chartiskao      ( Date: 29-Dec-2023 09:33) Posted: sg investors set to collect 6.3% yield in 2024 soon https://investors.sgx.com/securities/stocks?security=O39 https://www.dividends.sg/view/o39 chartiskao      ( Date: 29-Dec-2023 09:28) Posted: A decline in export demand due to factors such as soaring inflation and rising interest rates can have significant implications for the global economy. Let' s break down some of the key effects and considerations: Reduced Purchasing Power: Soaring inflation erodes the purchasing power of consumers. As the cost of goods and services increases, consumers may cut back on discretionary spending, including purchases of imported goods. Impact on Exports: Export-oriented industries are likely to face challenges as demand from foreign markets diminishes. Countries heavily reliant on exports may experience a decline in economic growth. Exchange Rates: Rising interest rates can influence exchange rates, affecting the competitiveness of exports. Higher interest rates may attract foreign capital seeking better returns, leading to an appreciation of the domestic currency. A stronger currency can make exports more expensive for foreign buyers, further dampening demand. Global Supply Chains: Disruptions in export demand can disrupt global supply chains. Countries and industries that are part of intricate supply networks may face challenges as orders decrease and production adjusts to lower demand. Economic Slowdown: A decrease in export demand can contribute to an economic slowdown. Reduced economic activity in one region can have a cascading effect on other interconnected economies, especially in today' s globalized world. Policy Responses: Governments and central banks may respond to these challenges with various policy measures. These could include fiscal stimulus, monetary policy adjustments, or trade policy changes to support domestic industries. Diversification: Countries heavily reliant on exports may reconsider their economic strategies and focus on diversification. Diversifying export markets and industries can help reduce vulnerability to external shocks. Commodity Prices: In some cases, export-dependent economies may be particularly sensitive to fluctuations in commodity prices. A drop in demand can lead to lower prices for key exports, further impacting the economic situation. Consumer Behavior: Consumers around the world may adjust their spending habits in response to economic challenges. This shift in consumer behavior can have broad implications for businesses and industries. Global Economic Interconnectedness: The interconnected nature of the global economy means that challenges in one part of the world can have repercussions globally. Collaborative efforts and international cooperation may be essential to address such economic challenges. https://www.bloomberg.com/markets/rates-bonds/government-bonds/us

 

sg investors set to collect 6.3% yield in 2024 soon

chartiskao      ( Date: 29-Dec-2023 09:28) Posted: A decline in export demand due to factors such as soaring inflation and rising interest rates can have significant implications for the global economy. Let' s break down some of the key effects and considerations: Reduced Purchasing Power: Soaring inflation erodes the purchasing power of consumers. As the cost of goods and services increases, consumers may cut back on discretionary spending, including purchases of imported goods. Impact on Exports: Export-oriented industries are likely to face challenges as demand from foreign markets diminishes. Countries heavily reliant on exports may experience a decline in economic growth. Exchange Rates: Rising interest rates can influence exchange rates, affecting the competitiveness of exports. Higher interest rates may attract foreign capital seeking better returns, leading to an appreciation of the domestic currency. A stronger currency can make exports more expensive for foreign buyers, further dampening demand. Global Supply Chains: Disruptions in export demand can disrupt global supply chains. Countries and industries that are part of intricate supply networks may face challenges as orders decrease and production adjusts to lower demand. Economic Slowdown: A decrease in export demand can contribute to an economic slowdown. Reduced economic activity in one region can have a cascading effect on other interconnected economies, especially in today' s globalized world. Policy Responses: Governments and central banks may respond to these challenges with various policy measures. These could include fiscal stimulus, monetary policy adjustments, or trade policy changes to support domestic industries. Diversification: Countries heavily reliant on exports may reconsider their economic strategies and focus on diversification. Diversifying export markets and industries can help reduce vulnerability to external shocks. Commodity Prices: In some cases, export-dependent economies may be particularly sensitive to fluctuations in commodity prices. A drop in demand can lead to lower prices for key exports, further impacting the economic situation. Consumer Behavior: Consumers around the world may adjust their spending habits in response to economic challenges. This shift in consumer behavior can have broad implications for businesses and industries. Global Economic Interconnectedness: The interconnected nature of the global economy means that challenges in one part of the world can have repercussions globally. Collaborative efforts and international cooperation may be essential to address such economic challenges. https://www.bloomberg.com/markets/rates-bonds/government-bonds/us chartiskao      ( Date: 29-Dec-2023 09:24) Posted: a slumping economy, plummeting land revenues, and increased spending on COVID-19 control measures, highlight the significant economic impact of the pandemic on government finances. Several key points can be inferred from this information: Economic Downturn: The mention of a slumping economy indicates a period of economic contraction. This could be due to various factors such as reduced consumer spending, disruptions in supply chains, and a decline in overall economic activity. Impact on Land Revenues: The decline in land revenues suggests that sectors related to real estate, property transactions, or land-based taxes have been adversely affected. Economic downturns often lead to reduced property transactions and a decrease in the value of real estate assets, impacting government revenue from land-related activities. Increased Spending on COVID-19 Control Measures: Governments worldwide have allocated significant resources to combat the COVID-19 pandemic. This includes funding for healthcare infrastructure, testing, vaccination programs, and economic stimulus measures to support individuals and businesses affected by the crisis. The increased spending on COVID-19 control measures puts additional strain on government budgets. Fiscal Pressures: The combination of reduced revenues and increased spending creates fiscal challenges for governments. They may face budgetary deficits, necessitating careful management of public finances to maintain essential services and support economic recovery. Policy Responses: In response to such economic challenges, governments may implement various policy measures, including fiscal stimulus packages, monetary interventions, and structural reforms to stimulate economic growth and stabilize public finances.