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News and my thoughts for the week (11Mar24) - China, Migrants, banks and Apple

@KYHBKO
News and my thoughts from the last week (11 Mar 2024) China has 21 nuclear reactors under construction which will have a capacity for generating 21.61 gigawatts of electricity. That is more than 2.5 times more nuclear reactors under construction than any other country. - CNBC When we do not qualify migrants, we run the risk of having criminals and extremists who enter with malicious intent. If America does not give priority to the citizens, there could be forced changes from the ground. We need to secure the border & put the citizens first. Some of the world’s most prominent exchanges suffered technical issues in the past week, including Binance, Coinbase, Kraken and Bybit, just days after Bitcoin breached $60,000 for the first time in over two years on Feb. 28. - TradingView According to the Statista company, Vietnam’s real estate market is worth $4.41 trillion in 2024, while the Thai market is valued at $2.51 trillion. - VN Express Four of the biggest U.S. banks are no longer signatories to the Equator Principles, an industry benchmark for assessing environmental and social risks in project-related finance. Does ESG need a review? - Reuters Sales of Apple’s iPhone plunged 24% in China in the first six weeks of 2024, according to a Counterpoint Research report as Apple faced stiff competition from local smartphone firms like Huawei, Oppo, Vivo and Xiaomi. - CNBC Manila, the capital of the Philippines, has left everyone surprised by being titled the city with the most luxury property growth, dethroning the United Arab Emirates' blingy metropolitan, Dubai. - The News The capabilities of US-sanctioned Huawei Technologies have come under fresh scrutiny after Nvidia identified the Chinese telecommunications equipment giant as a potential rival in artificial intelligence (AI) chips for the first time. - Yahoo Finance Huawei's Ascend 910B can reportedly outperform Nvidia's A100 - The DeCoder Maersk is increasing container rates, shippers are expecting other shipping lines to follow suit. This is inflationary. - Logistics Insider A senior Chinese official has complained that state-owned automakers in the country are moving slowly on new energy vehicles (NEVs), hinting that more policies are coming. - CnEVPost if only price reflects the value .. but price is the indicator of demand meeting supply. With Elon and the market, the $TSLA stock can go up, down or range. Avoid leverage. Personally, things could get worse but there is runway to hit some highs like S&P500. Time to consider wave energy? How can we capture the energy for consumption? Sea charging for electric vessels? Image From @WSJopinion: The real point of Biden’s new price strike force isn’t to help consumers, but to blame business for the price increases. It’s political deflection. - WSJ. "US household debt is at a record high of 17.3 trillion if you include discouraged workers, the true unemployment rate is 23%." - JF Kennedy. Growth in empty repositioning since 2019 had seen an increase of 20% in terms of TEU moved in 2023 compared to four years ago, but also the growth in full containers has increased globally by 2.5%, with an 8% increase in TEU miles - SeaTrade Maritime In the Asia Pacific region, Singapore leads the pack with a requirement of $5.2 million, while Hong Kong comes second at $3.1 million. In Singapore, this is translated to about SGD$6.92M in net worth. Are you one of these? @TigerStars $S&P 500(.SPX)$ $A.P. Moeller-Maersk A/S(AMKBY)$ $Apple(AAPL)$
News and my thoughts for the week (11Mar24) - China, Migrants, banks and Apple

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