Bigbird Posted August 20, 2021 Share Posted August 20, 2021 https://www.reuters.com/business/creditors-seeking-187-bln-chinas-bankrupt-hna-group-executive-quoted-2021-06-04/ https://supchina.com/2020/04/09/more-than-240000-chinese-companies-declare-bankruptcy-in-the-first-two-months-of-2020/ https://edition.cnn.com/2020/12/09/economy/china-debt-defaults-state-companies-intl-hnk/index.html https://www.wsj.com/articles/chinese-chip-maker-says-creditor-seeks-its-bankruptcy-11625867530 https://www.ft.com/content/014d324f-0423-4345-ab54-532b98165e29 228 real estate companies had gone bust in 2020. https://www.chinabankingnews.com/2020/07/01/228-chinese-real-estate-companies-go-bankrupt-in-first-half-of-2020/ https://www.aljazeera.com/economy/2021/7/28/in-its-latest-crackdown-china-intensifies-focus-on-real-estate Seeing frequent reports on blue chip companies closing shop, makes me quite concern when china is not transparent on many issues. Question Will china financial "cold/collapse" affect Sg? 1 Link to comment Share on other sites More sharing options...
Bigbird Posted August 20, 2021 Author Share Posted August 20, 2021 Just now, Bigbird said: https://www.reuters.com/business/creditors-seeking-187-bln-chinas-bankrupt-hna-group-executive-quoted-2021-06-04/ https://supchina.com/2020/04/09/more-than-240000-chinese-companies-declare-bankruptcy-in-the-first-two-months-of-2020/ https://edition.cnn.com/2020/12/09/economy/china-debt-defaults-state-companies-intl-hnk/index.html https://www.wsj.com/articles/chinese-chip-maker-says-creditor-seeks-its-bankruptcy-11625867530 https://www.ft.com/content/014d324f-0423-4345-ab54-532b98165e29 228 real estate companies had gone bust in 2020. https://www.chinabankingnews.com/2020/07/01/228-chinese-real-estate-companies-go-bankrupt-in-first-half-of-2020/ https://www.aljazeera.com/economy/2021/7/28/in-its-latest-crackdown-china-intensifies-focus-on-real-estate Seeing frequent reports on blue chip companies closing shop, makes me quite concern when china is not transparent on many issues. Question Will china financial "cold/collapse" affect Sg? creating a consolidated thread on China economy for discussion#. # sometimes is ownself talk to ownself. 🤣 Link to comment Share on other sites More sharing options...
Bigbird Posted August 20, 2021 Author Share Posted August 20, 2021 Evergrande Isn’t HNA. It Might Be Worse. By Shuli Ren | Bloomberg August 18, 2021 at 3:57 a.m. EDT A major restructuring is looming at China Evergrande Group. The nation’s second-largest real estate developer has been in talks to sell equity stakes to third-parties; and its billionaire founder Hui Ka Yan has stepped down as chairman of Hengda Real Estate, its main asset in the mainland, according to National Enterprise Credit Information Publicity System, a website that maintains the public records of local companies. Quote Evergrande is Asia’s largest high-yield dollar bond issuer, with about $19 billion outstanding. https://www.washingtonpost.com/business/evergrande-isnt-hna-it-might-be-worse/2021/08/17/25af10be-ff5b-11eb-87e0-7e07bd9ce270_story.html 1 Link to comment Share on other sites More sharing options...
Bigbird Posted August 20, 2021 Author Share Posted August 20, 2021 I'm trying to compile key notes for deliberation. Even moving the manufacturing away from China, wouldn't it takes time for the plant competency to mature? Besides the rare earth or the main components will still need to come from China to meet the global demands. eg our surgical mask raw ingredients scandal! 🤣 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted August 20, 2021 Share Posted August 20, 2021 35 minutes ago, Bigbird said: I'm trying to compile key notes for deliberation. Even moving the manufacturing away from China, wouldn't it takes time for the plant competency to mature? Besides the rare earth or the main components will still need to come from China to meet the global demands. eg our surgical mask raw ingredients scandal! 🤣 now confirmed bird didi never work in manufacturing or supply chain logistic b4. there is such a thing called core components and secondary components in manufacturing. as long as an economy doesnt control the manufacturing and technology of core components, it is nothing but an assembler of products like tiongland and it only take a yr or 2 for such economies to be partially displaced and maximum 5 yrs for complete displacement. the bolehsian economy is a classic case study. even high tech companies such as tsmc and samsung r at the mercy of their japanese, german, dutch and bee kok suppliers. wahahahahaha 2 Link to comment Share on other sites More sharing options...
meng.huat Posted August 20, 2021 Share Posted August 20, 2021 trying to pilot a soft landing... time is running out 1 Link to comment Share on other sites More sharing options...
The_King Posted August 20, 2021 Share Posted August 20, 2021 burst then burst la 1 Link to comment Share on other sites More sharing options...
The_King Posted August 20, 2021 Share Posted August 20, 2021 who cares 1 Link to comment Share on other sites More sharing options...
Bigbird Posted August 21, 2021 Author Share Posted August 21, 2021 (edited) 16 hours ago, socrates469bc said: now confirmed bird didi never work in manufacturing or supply chain logistic b4. there is such a thing called core components and secondary components in manufacturing. as long as an economy doesnt control the manufacturing and technology of core components, it is nothing but an assembler of products like tiongland and it only take a yr or 2 for such economies to be partially displaced and maximum 5 yrs for complete displacement. the bolehsian economy is a classic case study. even high tech companies such as tsmc and samsung r at the mercy of their japanese, german, dutch and bee kok suppliers. wahahahahaha i really know sh1t about Manu & supply chain. am just a mail room boy. that's why ask u the learned ones mah!! 😅 Edited August 21, 2021 by Bigbird 1 Link to comment Share on other sites More sharing options...
Bigbird Posted August 21, 2021 Author Share Posted August 21, 2021 (edited) 15 hours ago, meng.huat said: trying to pilot a soft landing... time is running out 14 hours ago, The_King said: burst then burst la you all mai an ni lah!! want to buy "beachfront house" also need to know how far tsunami will hit mah! Build house on top of hill also dont build on top of volcano right? Give chance lah. 🤪 Edited August 21, 2021 by Bigbird 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted August 21, 2021 Share Posted August 21, 2021 14 hours ago, The_King said: burst then burst la 14 hours ago, The_King said: who cares if burst, is good for me. Towkay me likes to pick bones. wahahahahhaha 1 Link to comment Share on other sites More sharing options...
The_King Posted August 21, 2021 Share Posted August 21, 2021 1 hour ago, Bigbird said: you all mai an ni lah!! want to buy "beachfront house" also need to know how far tsunami will hit mah! Build house on top of hill also dont build on top of volcano right? Give chance lah. 🤪 The problem is if they don't know how to invest then don't. Want to invest then prepare to risk it In the mean time, keeping my gold and to the moon( hee hee if you know what digital is) 1 Link to comment Share on other sites More sharing options...
The_King Posted August 21, 2021 Share Posted August 21, 2021 1 hour ago, socrates469bc said: if burst, is good for me. Towkay me likes to pick bones. wahahahahhaha Me just to watch this show 1 Link to comment Share on other sites More sharing options...
Bigbird Posted August 21, 2021 Author Share Posted August 21, 2021 5 hours ago, The_King said: The problem is if they don't know how to invest then don't. Want to invest then prepare to risk it In the mean time, keeping my gold and to the moon( hee hee if you know what digital is) u buy how much ETF? Link to comment Share on other sites More sharing options...
The_King Posted August 21, 2021 Share Posted August 21, 2021 8 minutes ago, Bigbird said: u buy how much ETF? less then $400 only 1 1 Link to comment Share on other sites More sharing options...
Bigbird Posted August 21, 2021 Author Share Posted August 21, 2021 China’s cryptocurrency crackdown Miners in the country are starting to get worried https://www.theverge.com/2021/6/23/22544367/china-crypto-crackdown-bitcoin-mining-sichuan-ban-hydro-cryptocurrency-trading Link to comment Share on other sites More sharing options...
The_King Posted August 21, 2021 Share Posted August 21, 2021 1 minute ago, Bigbird said: China’s cryptocurrency crackdown Miners in the country are starting to get worried https://www.theverge.com/2021/6/23/22544367/china-crypto-crackdown-bitcoin-mining-sichuan-ban-hydro-cryptocurrency-trading heng no one crackdown on gold yet Link to comment Share on other sites More sharing options...
Bigbird Posted August 21, 2021 Author Share Posted August 21, 2021 was looking at what's stock is falling and saw this. 7 Popular China Stocks to Avoid Until Further Notice Josh Enomoto Link to comment Share on other sites More sharing options...
Bigbird Posted August 21, 2021 Author Share Posted August 21, 2021 7 Popular China Stocks to Avoid Until Further Notice Josh Enomoto Here are seven I think you should avoid for now: Alibaba (NYSE:BABA) JD.com (NASDAQ:JD) Nio (NYSE:NIO) Baidu (NASDAQ:BIDU) Tencent (OTCMKTS:TCEHY) SOS Ltd (NYSE:SOS) Ping An Insurance (OTCMKTS:PIAIF) China Stocks to Avoid: Alibaba (BABA) Alibaba (BABA) logo on the side of a glass-walled building. Source: testing / Shutterstock.com https://finance.yahoo.com/news/7-popular-china-stocks-avoid-155333237.html 1 Link to comment Share on other sites More sharing options...
Bigbird Posted August 21, 2021 Author Share Posted August 21, 2021 8 minutes ago, The_King said: heng no one crackdown on gold yet can u explain how u "buy" gold? Link to comment Share on other sites More sharing options...
socrates469bc Posted August 21, 2021 Share Posted August 21, 2021 9 minutes ago, Bigbird said: 7 Popular China Stocks to Avoid Until Further Notice Josh Enomoto Here are seven I think you should avoid for now: Alibaba (NYSE:BABA) JD.com (NASDAQ:JD) Nio (NYSE:NIO) Baidu (NASDAQ:BIDU) Tencent (OTCMKTS:TCEHY) SOS Ltd (NYSE:SOS) Ping An Insurance (OTCMKTS:PIAIF) China Stocks to Avoid: Alibaba (BABA) Alibaba (BABA) logo on the side of a glass-walled building. Source: testing / Shutterstock.com https://finance.yahoo.com/news/7-popular-china-stocks-avoid-155333237.html jin kumgong. 3mths ago, bankers many many approach Towkay me to buy tiong tech funds liao. but Towkay me see over-valuation and then see a pooh bear in peking, alrdy sure know tiong techs will drop gao gao in 6 mths time. nb, now all diam diam, ask me want to put my funds in fd or not. Towkay me no finance phd or cfa one, only know how to play with atbgfs, ok????? wahahahahaha 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted August 21, 2021 Share Posted August 21, 2021 8 hours ago, Bigbird said: i really know sh1t about Manu & supply chain. am just a mail room boy. that's why ask u the learned ones mah!! 😅 Towkay me no finance phd or cfa one. only know how to play with atbgfs, kym???? 1 Link to comment Share on other sites More sharing options...
Bigbird Posted August 21, 2021 Author Share Posted August 21, 2021 (edited) 24 minutes ago, socrates469bc said: Towkay me no finance phd or cfa one. only know how to play with atbgfs, kym???? is the secret coming from those "atbgfs"? I heard those towkays who go spa & massages always discuss about insiders investments secrets & the atb who massage always listen in and go invest too! then atbgfs share with u too! huat ah! 🤑💃💍📿 Edited August 21, 2021 by Bigbird 1 Link to comment Share on other sites More sharing options...
The_King Posted August 21, 2021 Share Posted August 21, 2021 47 minutes ago, Bigbird said: can u explain how u "buy" gold? get aunite to buy then give them tips Link to comment Share on other sites More sharing options...
Bigbird Posted August 21, 2021 Author Share Posted August 21, 2021 7 minutes ago, The_King said: get aunite to buy then give them tips u buy physical gold bar or gold jewelries?? Link to comment Share on other sites More sharing options...
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