To The Moon

East Asia

【 $CSOP LOW CARBON US$(LCU.SI)$ 】YTD Return: +11.89%

• Samsung Electronics' shares rose up to 3% on 2024/11/25, reaching a high since Nov. 8, after Nvidia's CEO confirmed that they are fast-tracking the certification of Samsung's AI memory chips.

• The impending additional 10% tariffs on Chinese goods by the US could impact Chinese equities.

【 $CSOP SEA TECH ETF S$(SQQ.SI)$ 】YTD Return: +28.23%

• Loop Capital has raised Sea Ltd's price target to $135, citing significant improvements in its e-commerce and gaming sectors.

• Sea Ltd is to benefit from its strong year-on-year in-app purchase revenue growth in October, and the positive outlook following the Asia Internet Conference as mentioned by Jefferies.

China

【 $CSOP Star&Chinext50 S$(SCY.SI)$ 】YTD Return: +8.79%【 $CSOP DIV ETF S$(SHD.SI)$ 】YTD Return: +10.07%

• According to the latest survey by Bloomberg News, China's economy is expected to grow by 4.9% in Q4, slightly higher than previously estimated.

• CATL has introduced a new range of commercial vehicle batteries under its Tectrans brand, featuring super-fast charging, long-range, long-life, and durable versions. The electrification rate of heavy-duty commercial vehicles remains relatively low, presenting significant market growth potential.

US

• Scott Bessent's appointment as Treasury Secretary by Trump, who supports tariff and tax cut plans but prioritizes economic stability, initially boosted US equities and treasuries.

• However, Trump's subsequent announcement of additional 10% tariffs on Chinese goods and 25% levies on imports from Mexico and Canada, justified by alleged drug control failures and immigration issues, has added a new dynamic.