@StarLuck:$NIO Inc.(NIO)$$NIO-SW(09866)$Nio receives eligibility to list from SGX for secondary listing[Observation] [Observation] China-based electric car maker Nio has on May 5 received its eligibility to list from the Singapore Exchange for a secondary listing.An introductory document relating to the proposed secondary listing by way of introduction is slated to be issued by end of this month.Upon listing on the SGX, the shares will be fully fungible with the ADSs listed on the NYSE, where it is already listed.Nio, which positions itself as a “premium” EV maker, has also been listed in Hong Kong since March.The company, founded in 2014, was joining two other China-based electric car makers Xpeng and Li

@StarLuck:$Grab Holdings(GRAB)$$SINGTEL(Z74.SI)$Grab-Singtel and $Sea Ltd(SE)$Sea Group consortia bag Malaysia digital bank licencesTWO Singapore-based consortia are among the 5 winners of Malaysia’s digital bank licences announced by Bank Negara Malaysia on Friday (Apr 29) – a consortium led by GXS Bank and Kuok Brothers, and another led by Sea Limited and YTL Digital Capital.GXS Bank is a Grab-Singtel joint venture, and the New York Stock Exchange-listed Sea Limited is the parent company of e-commerce platform Shopee. Both companies secured Singapore digital bank licences in 2020.Before Malaysia's central bank unveiled the winners, these two consortia were already regard

@StarLuck:$Apple(AAPL)$2Q earnings beat the street’s estimates, but offered a not so rosy 3Q guidance, should investors be worried?In  2Q2022 release, we saw Apple CEO Tim Cook giving guidance for 3Q2022 that didn’t make Wall Street very happy.Cook revealed that supply chain constraints pertaining to COVID-driven plant shutdowns in the Shanghai area, along with industry component shortages, are expected to result in a substantial drag of US$4 billion to US$8 billion for fiscal 2022’s third quarter (3Q2022). Also, with mounting inflationary pressures, Apple’s gross margin forecast of 42-43% implies that there may be a year on year margin contraction compared to the 43.3% in 3Q2021.Investors of this blue-chip technology stock may wonder if this piece of

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@StarLuck:Elon Musk avoided discussing the collapsed Twitter deal as he addressed an audience of moguls on Saturday in Sun Valley, two sources who attended the conference told Reuters.In a wide-reaching interview, Musk spent most of his time talking about colonizing Mars and extolling the virtues of boosting birth rates on Earth, said the sources. Musk, chief executive of $Tesla Motors(TSLA)$ Inc and rocket company Space X, has long advocated establishing a civilization on the red planet.Musk earlier this week said he will do his best to help what he called "the underpopulation crisis," following a media report that said he had twins with a top executive at his brain-chip start-up Neuralink.He spoke about how birth rates are declining in wealthy countr