While other automakers’ sales slipped drastically in the first quarter of 2022, BYD saw a 180% increase in sales, with their net income rising by 241%, comparable to Tesla’s 246% surge in earnings in the same timeframe. The impact of supply chain disruption and semiconductor chip shortage was significant on the global automobile industry, but the strict anti-covid measures in many parts of China coupled with the ongoing Russia-Ukraine war caused many automobile production lines in China to come to a complete standstill, including the Tesla Shanghai facility. BYD manufactures its own batteries and chips and was able to protect itself from the supply chain shock. It is also amongst the fastest automobile companies to phase out traditional internal combustion vehicles, which puts it

With CLI’s plans to expand across China and other countries across the globe, CLI could be a profitable investment to look into. Here's why. CLI’s real estate investment manager said in a bourse filing earlier today that the company remains long-term positive on China due to the Chinese government’s pro-business and pro-consumption stimulus that provides opportunistic investment themes for the company. Within China, CLI has established its presence across first and second timer cities in 5 core city clusters and continues to diversify its asset class involvement by exploring new economy asset classes such as business parks, logistics and data centres. CLI is also looking at expanding to other countries. Its lyf co-living brand has 5 properties slated to open across the globe in c

Hi guys! anyone considering going long for $KEPPEL CORPORATION LIMITED(BN4.SI)$ ?[Grin] On the H4, with price bouncing off the ichimoku cloud and breaking out of the descending trend channel, we have a bullish bias that price will rise from the entry at 283.7500 at the overlap support. If price rises and breaks the intermediate resistance at 305.4490 at the multiple swing high in line with the 61.8% fibonacci retracement, we will have upside confirmation that price will rise to the take profit at 330.1410 at the horizontal swing high in line with the 38.2% fibonacci retracement. Alternatively, price may break the support structure at the entry and drop to the stop loss at the swing low at 254.5686.let me know what

Hey guys! Anyone thinking of going short for $DBS GROUP HOLDINGS LTD(D05.SI)$ ?Price just broke through the horizontal support at 31.04 and price is below ichimoku cloud, which supports my bearish bias. I'll have my take profit at 29.98 in line with the second horizontal support and my stop loss at 32.64 in line with the first support.Let me know what you think!Sell entry: 31.04[Smile] Take profit: 29.98[Happy] Stop loss: 32.64[Cry] $DBS 5xLongSG230713(DQEW.SI)$ $DBS 5xShortSG240306(DLDW.SI)$