$NikkoAM-STC CN EV S$(EVS.SI)$1. New-energy heavy trucksThe sale of new-energy trucks in January 2021 was up 13-fold from the same time last year, Truck stories according to cvworld.cn, a website that tracks the commercial vehicle industry. This is largely due to battery swapping technology. According to a Bloomberg analyst, sales of new-energy trucks is set to grow and take the trajectory of electric buses which “went from 4,300 in 2013 to over 100,000 in 2018.”2. Big profits for lithium manufacturersGanfeng Lithium estimated “an up to 437% yearly surge in its 2021 net profit to reach as much as 5.5 billion yuan” and Tianqi Lithium said it “expects a steep rebound in net profit for 2021” of around 1.8 to 2.4 billion yuan, according to a Caixin
$CapLand IntCom T(C38U.SI)$ S-reits are looking like a bargain now. Prices have been driven amid US Fed's projections of its hiking cycle. May be time to swoop in
This year, I will read these books:1. Making Your Millions In REITs: The Savvy Investor’s Guide For Crazy TimesAuthor Gabriel Yap provides an analysis of S-REITs with latest developments in other REIT jurisdictions and looks into protecting and growing one’s investments in REITs after the COVID-19 pandemic.2. Planning Your Will, Trust, LPA & More : Planning Your Will, Trust, LPA & MoreAuthor Keon Chee explains the importance of setting out clear instructions about the distribution of your assets or wealth while you are still alive cannot be overstated.3. Personality-Driven PortfolioAuthor Sam Phoen shares that successful investing begins with knowing yourself – knowing how much risk you can take, the amount of time you can spend, your personal strengths and weaknesses, etc.4. Navig
$Vanguard Total World Stock ETF(VT)$ took a bet on this yesterday. Buying stocks from all over the world. Most of the top holdings are US giants though
$Alibaba(BABA)$ The mid-March gains after Liu He's assurances has nearly been erased, largely due to Covid situation in China and PBOC's lack of easing (only RRR has been cut). Looks like Beijing will look toward propping economy only after they can fix outbreak. When that will be is anyone's guess.
$Temasek 1.8% 261124(TEMB.SI)$ Coupon on this bond ain't attractive in the current rising interest environment, but it looked good when it was issued back in 2021
I really hope this is the bottom, but I think Chinese stocks will face wild swings in the coming weeks. That said, it looks like the central govt is going to be super reactive in boosting the financial markets from hereon with stimulus, easing and others. Things will get better!
Tianqi Lithium, one of the world’s largest producers of the commodity, says it expects a steep rebound in net profit for 2021, after lithium prices soared for the past year.https://www.caixinglobal.com/2022-01-27/chinese-battery-material-supplier-to-return-to-profit-on-surging-ev-demand-101835637.html