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Full Version: Revisiting JPMORGAN call 6 months ago : China is uninvestible
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Many criticise them heavily for that view . But 6 months later they are proven right.

Straits times even reported many rich Chinese fleeing to Singapore with their money. 

(27-10-2022, 08:26 AM)sgbuffett Wrote: [ -> ]Many criticise them heavily for that view . But 6 months later they are proven right.

Straits times even reported many rich Chinese fleeing to Singapore with their money. 



No wonder our property and coe prices are sky high. “Thanks” to these fleeing FTrs
It depends on what you mean by "invest". Stock market is more of gambling than investing.

FDI is the REAL INVESTMENT!

China FDI up 20.2 percent year-to-date in 2022

In the period from January to August 2022, actual use of foreign capital reached RMB 892.7 billion, an increase of 16.4 percent from the same period the previous year. In dollar terms, that is US$138.4 billion, an increase of 20.2 percent from the same period in 2021.
(27-10-2022, 10:13 AM)cityhantam Wrote: [ -> ]It depends on what you mean by "invest". Stock market is more of gambling than investing.

FDI is the REAL INVESTMENT!

China FDI up 20.2 percent year-to-date in 2022

In the period from January to August 2022, actual use of foreign capital reached RMB 892.7 billion, an increase of 16.4 percent from the same period the previous year. In dollar terms, that is US$138.4 billion, an increase of 20.2 percent from the same period in 2021.

Well said. Stock market UP DOWN swing to judge a country ???

We can judge Sgbutt a moron for one stock loss.... Laughing
Aiyah ... JP Morgan missed the boat la! So now sour grapes!

Please read this:

China's centrally-administered state-owned enterprises (SOEs) saw steady growth in revenue and profit in the first nine months of this year, the country's top state-owned assets regulator said Tuesday.

The central SOEs raked in 29 trillion yuan (about 4.05 trillion U.S. dollars) in revenue in the Jan.-Sept. period, up 10.9 percent from the same period last year, said the State-owned Assets Supervision and Administration Commission of the State Council.

The total profits of central SOEs reached 2.1 trillion yuan during the period, up 5.7 percent year on year.

The operating profit margin of the central SOEs was at 7.2 percent in the first nine months, remaining at a relatively high level, according to the commission.

During the first three quarters, the research and development (R&D) investment of central SOEs increased by 17.5 percent from the same period last year.

Tuesday's data also showed that the overall solvency of central SOEs remained stable. By the end of September, the average debt-to-asset ratio of central SOEs stood at 64.8 percent, down 0.2 percentage points from the end of August

http://m.china.org.cn/orgdoc/doc_1_29366_2357914.html
.... and mind you hor - according to western media, those honkans from HK Taiwan including a few paid by US NED Tibetans and the Talk Cock and Stooge gang China already collapsed!

Notice if you read the quarterly reports from EU Japan Korea US all performed worse than China - yet illogically China collapsed while the western countries and their stooge allies' economies going strong!

Really ridiculous!
China not investible?   

But the fact is a lot of EU investment quit EU and shifted to China especially after energy cost and inflation hit them in EU.  

Rotfl 
.
Only china themselves think they are good..look at their SSE index...barely 3k after dropping from 6k high
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