@koolgal:If you are new to investing and have limited funds, $STI ETF(ES3.SI)$ is a great ETF to get started with.The $STI ETF(ES3.SI)$ tracks the STI Index which comprises of the largest and strongest Singapore companies by market capitalisation. DBS occupies the top spot with 18% weightage followed by OCBC and UOB. Together the 3 Singapore banks takes up 43% of STI ETF.The STI ETF is also the bellwether of the Singapore economy too. In the latest economic report, Singapore's inflation is 5% due to high petrol and food prices. It is important to stay invested as inflation will erode the value of your hard-earned dollars otherwise.
@Bonta:Some random guessing.$Alibaba(09988)$is likely to be range bound between 120-90 until next positive earnings or end of the year whichever is earlier before a rally may happen with Low target of $135 and higher target of $180.Reason being, $120 is strong resistance level, and the price action seems to be muted after reaching it. There's lack of strength to carry through. In addition, the catalyst is also weird, I dun see the link between gaming approval and Alibaba. Tencent yes, Alibaba no. Markets seema to be finding a reason for pent up rally to rally. Alibaba is definitely still growing and will continue to do better, however likely will need more solid and relevant news for more investors to pile in and start their FOM