Here's the core "rather than simply competing head-to-head with private credit, banks have made the calculation that they must embrace the new world and form their own copycats" Banks wonder whether to beat private credit upstarts — or join them ft.com/content/358f2e79-53e9… 来自 @ft
should this not give a clear enough direction for Hong Kong properties? What's the point of speculating on rebound timing ... with or without rate cuts
The BofA chart is very in line with what I said on Bloomberg's China Open this Monday. However, onshoring/reshoring/friendshoring isn't necessarily cutting China out. Chinese companies are moving to Mexico in great number. (and other US-friendly mkts)
WSJ got nearly the full list correct (that one blank was likely left on purpose). 5yrs later, all of them will be too old (with Ding being the youngest at 65 then).
The full sentence probably is "I plead not guilty, but I admit misleading". She stressed the 1st half, and DoJ the 2nd half. Neither is wrong. Lawyers are walking dictionaries.
"Grandpa can you tell me about the time when the Nasdaq had a down day?"
"Well dear, that was a long long time ago when people still believed valuations were a thing..."
"What are valuations?"
"Exactly."
I, too, am quite concerned about CNY though China does fare better in COVID-19. When everyone prints and prints, beggar thy neighbor
Through the roof.
The Fed’s balance sheet just surpassed the PBOC’s for the first time in 16 years!
If $CNY can’t even rally in this scenario…
What will happen when China joins the money printing party?
Fed moved "swiftly". Are we there yet? Yes. It's that bad huh? Yes. Should Fed do it now? No. Seasoned investors already figured out how severe shocks are, but not the average Joe. Now literally everyone in the world knows even Fed is panicking. It's pushing us off the cliff.
Theodore Shou retweeted
"To achieve genuine diversification, investors cannot ignore the fast-rising #alternativeinvestment sector." @Forbes shares their picks for 2020: bit.ly/2WjKYtX
China has just confirmed 7 COVID-19 cases coming from Italy. All 7 had no previous interaction with Chinese from Wuhan.
Corporate Governance: Presenting Financials - Case Study of Disclosing D... youtu.be/E7YMhNyz6NY 来自 @YouTube
Well, A-shares have seen some rebound today so far but huge dispersion across sectors and names
While the #CoronavirusOutbreak is negative for transport, and consumer discretionaries; beneficiaries are likely consumer staples, telecoms, infotech, online enterntainment, biotech, according to hedge fund @SkyboundGroup CIO Theodore Shou. @qishou
Our CNY dinner is turning into such a gala in town! Congrats to all the new charter holders! lnkd.in/f-vwtdq