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761-780 of 1003
UOB wins.....26 broken.......
Luzern ( Date: 09-Oct-2018 13:52) Posted:
Wonder what will happen first DBS below 25 or UOB below 26......... |
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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.
Luzern ( Date: 09-Oct-2018 14:55) Posted:
| 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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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.
16 more days to UOB Q3 results....................this is getting more and more exciting.
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.
Wonder what will happen first DBS below 25 or UOB below 26.........
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.
Luzern ( Date: 09-Oct-2018 09:47) Posted:
US 10r bond rate continues its march up...3.239%
USD vs CNY also up.... 6.922 |
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US 10r bond rate continues its march up...3.239%
USD vs CNY also up.... 6.922
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
So far so good......

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Luzern ( Date: 27-Sep-2018 16:56) Posted:
Tomorrow is Friday, last day of the Quarter.........After qtr end window dressing what do we have............new qtr beginning window undressing on Monday? |
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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.

Luzern ( Date: 02-Oct-2018 15:50) Posted:
Right.............
Qanghoo ( Date: 02-Oct-2018 15:48) Posted:
| I don' t post rubbish like u.  |
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Right.............

Qanghoo ( Date: 02-Oct-2018 15:48) Posted:
I don' t post rubbish like u. 
Luzern ( Date: 02-Oct-2018 15:46) Posted:
You do have a very short memory don' t you?  what on hindsight?  That is also reserved for yourself. |
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