My best investment is $DBS(D05.SI)$ which I bought around SGD16 during the COVID crash and then swing traded from SGD20 to SGD25. The dividend yield on cost is ~19% now and capital appreciation ~460%.
Over the weekend, major Chinese state-owned funds (the "National Team") deployed nearly RMB 60 billion (~$9 billion) in targeted equity purchases to arrest a steepening rout across technology and semiconductor shares. #1. Context of the Current Sell-Off (What Bloomberg Highlighted) According to Bloomberg data, the market hit a flashpoint following a sharp global tech supply-chain sell-off that spilled directly into Chinese onshore equities: * Violent AI & Semiconductor Unwind: Following a massive global run-up in AI and chip valuations, fears of overstretched pricing and potential capacity gluts triggered a worldwide tech pullback. Tech gauges like China's STAR 50 Index tumbled over 7%, while small-cap tech-heavy indices like the CSI 1000 index dropped more than 12%.