The claim states that Hangzhou Regent International is the largest residential building globally, with 30,000 residents. Sources for the claim are not provided, raising questions about its accuracy. Hangzhou Regent International: A Closer Look The building was initially planned as a six-star hotel but has become a shared apartment complex.
$XIAOMI-W(01810)$ Bloomberg put up a strong headline news on Xiaomi’s profit beat, which prompted me to look into its financials. But alas, nothing was a surprise beat! Xiaomi’s 4Q22 results were weak as expected. Its revenue in 4Q22 decreased by 22.8% year-on-year, mainly due to a significant decline in the smartphone segment (down 27% year-on-year), while IoT and internet services also fell by 14% and 1% year-on-year respectively. Xiaomi’s adjusted net profit (non-IFRS) dropped by a jaw-dropping 67.3% year-on-year to Rmb1.46bn in 4Q22, primarily caused by higher-than-anticipated R&D expenses in the EV business (Rmb1.1bn) and a weaker gross profit margin (GPM) in the smartphone segment due to the strong US dol
What Is the VIX? The volatility index, or VIX, is one of the most common barometers of market sentiment. For traders, the VIX not only represents a useful tool for assessing risk, but also the opportunity to capitalise on volatility itself. The VIX index is a well-known and widely-followed index that helps traders measure the levels of fear and greed in the market. The VIX is a real-time volatility index, created by the Chicago Board Options Exchange (CBOE). It was the first benchmark to quantify market expectations of volatility. But the index is forward looking, which means that it only shows the implied volatility of the S&P 500 (SPX) for the next 30 days. The VIX is calculated using the prices of SPX index options and is expressed as a percentage. If the VIX value increases, i
1. Treat others the way you want to be treated. 2. Honesty is always the best policy. 3. Success comes from hard work and dedication. 4. Failure is a part of life; learn from it and try again. 5. The only constant in life is change; embrace it. 6. Take risks and step out of your comfort zone. 7. Happiness comes from within; it's not something that can be bought. 8. Always be open to learning and growing. 9. Treat yourself with self-care and self-love. 10. Family and friends are the most valuable things in life; cherish them.