To The Moon

ARKQ Investment Tracker position change: Decreased position in Caterpillar by 168 shares, the number of shares held decreased 0.79% compared to the previous period and now represents 0.82% of the total position.

$XIAOMI-W(01810)$ Xiaomi’s inclusion in the SDR basket boosts its global recognition, but trading through SGX may not be the best choice. Liquidity and pricing efficiency are stronger on HKEX, where Xiaomi is primarily listed. While SDRs provide access for international investors, they may involve higher spreads and lower volume. Direct exposure in Hong Kong ensures better execution and market depth. Unless SGX sees significant SDR adoption, sticking with HKEX remains the smarter move.

Recap. In my Tuesday post, I have highlighted that US Manufacturing Purchasing Manager Index (PMI) report is 1 of 5 factors to watch out for week beginning 03 Mar 2025. (click here ! for details, Repost & share ok). Well, the PMI report is out and it’s not great news ! (see below) US Manufacturing PMI. Manufacturing activity in the US slowed in February 2025 as (1) demand weakened, (2) output growth eased and (3) prices surged as producers braced for a raft of tariffs threatened by the new US administration. The Institute for Supply Management's (ISM) manufacturing purchasing managers index registered 50.3 for February 2025 vs economists’ exp