Morgan Stanley Plans New Singapore Office Amid Growth Boom
-Firm is in talks for five floors at new Marina Bay development
-Global companies are boosting their presence in Singapore

Smart money always know where to go.

Posted by DickyMe > 7 minutes ago | Report Abuse

If you like China so much, go back there.
Don't make noise while staying in Malaysia.

Malaysia is a better place to stay at least we don't have negative assets.

內房又爆災 掀股債雙殺

東方日報
2023年7月19日週三 上午5:45
內地買家對樓市仍未重拾信心。
內地買家對樓市仍未重拾信心。
中國房地產債務危機的「風眼」中國恒大（03333）日前交出一盤堪稱「債可敵國」的爛帳後，這場風暴還沒告一段落，因為資本市場已把懷疑的目光投向更多面對債務危機的內房企業。行業負面消息源源不絕下，多家內房企業昨日上演股債雙殺！

有國資背景的遠洋集團（03377）發公告指，一筆下月初到期的境內債「18遠洋01」昨起停牌，以與債券持有人協商兌付調整事項。瑞安房地產（00272）據報聘請顧問公司Morrow Sodali，以確認其擔保的兩筆美元債持有人身份，兩筆債由瑞安旗下全資Shui On Development發行，分別在今年11月及明年8月到期。瑞安表示希望可加強與債券持有人的溝通，惟此舉被視為延遲兌付的先兆，觸動投資者神經。

龍湖碧桂園系淪最弱藍籌

瑞安上述兩筆美元債昨暴瀉，其中11月到期債券每一美元面值跌10美仙。遠洋上海掛牌的「19遠洋01」及「19遠洋02」債價分別瀉18.83%及9.82%。至於日前傳出本周日到期美元債出現資金缺口的萬達商管，最新遭國際評級機構標普調低信用評級至「B+」，維持負面觀察，其境內債「20萬達01」盤中下跌21%後觸發臨時停牌，收跌18.82%。碧桂園（02007）境內債「21碧地02」債價亦跌15.52%。

內房股捱沽，龍湖集團（00960）插9.9%，碧桂園及同系碧桂園服務（06098）分別插8%及9.61%，報1.38元及8.65元，3股包辦表現最差藍籌股。遠洋跌10.34%，報0.39元，瑞安跌2.29%。即使國企如中國海外發展（00688）及華潤置地（01109）亦分別跌2.66%及1.88%。

FSMOne（香港）環球債券部經理陳家朗表示，遠洋及瑞安分別有國資及港資背景，被市場視為「穩陣」的兩個派系，兩房企均是對行業重要指標，作為債券投資者，若是以持有債券至到期為目的，目前並非買入內房債的好時機，因為房企買地意願不大，反映對後市看法不樂觀。即使當局願意推出大規模支持樓市措施，問題在於市場需求過弱。

qqq keep on anti America will not will you rich. If you keep on buying CCP real estate stocks most like the stock values will become toilet papers.

qqq keep on anti America will not ease the pain of home buyers.

Posted by foongsh > 3 hours ago | Report Abuse

Thank you for sharing Malaysia real estate regulations. It is very sure that those home buyers would have a very tough life to bear bad debts by having negative assets.

qqq is very anti Chinese and proud for negative assets and bad debts.

Posted by foongsh > 6 minutes ago | Report Abuse

Homebuyers Angry! Evergrande Halts All Operations

https://youtu.be/ZgA8LmppL0E

What a long lists of abandoned projects created by CCP. KPKT would have withdrawn the developer license and stop issuing APDL to the developer on the new housing projects if any project abandoned. Most importantly SPA won't allow bank to release payments to developer which not following stage billing in accordance to SPA. Who tell you communism and socialism property system better than Malaysia real estate regulations.

Posted by IDQWE001 > 2 days ago | Report Abuse

Depositor is Helpless: Bank Converts Her 660K Yuan Deposit into Real Estate Bonds

https://youtu.be/3LfTAQA1dNI

Why after 1 or 2 years depositors still couldn't withdraw their money from banks ? CCP making use of depositors money FD to buy real estate bonds without depositors acknowledgement. Only happened in CCP and not 3rd world country.

Posted by The_JQuestion > 3 hours ago | Report Abuse

they have so less toilet they pee everywhere they can at night.... i seen it thats why very nice pee smell in the roads its normal
beijing is kinda dirty too lol most of it.... maybe shanghai guangzhou btr

Now all cities abandonned housing projects very smelly because no water supply for flushing and cleanning. Many home buyers still have to move inside there because no money to pay rental after pay cut/jobless and after paying housing loan.

In 1980 CCP's toilets got no doors. 2023 CCP's abandonned housing projects got no toilets. Lol.

Posted by i3lurker > 7 hours ago | Report Abuse

Do toilets in China not have doors?
It is not uncommon for toilets in China to not have doors, especially in public restrooms. While some public restrooms may have stalls with doors, others may have open toilets or toilets separated by partitions that do not reach the ceiling. This is more common in older buildings or less developed areas of the country.

Not only toilets have no doors, there are many abandonned housing projects got no toilets. Home buyers still need to pay their housing loans and feed all those CCP members and white elephants projects under pay cut or jobless.

qqq is very silly CCP dog and anti local chinese, he felt very happy and pround of deflation and negative assets. silly dog.

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Some CCP dogs not even could master his ancient language, his parents must be shame on him.

CCP dogs could be communists, Coummunism and sociolism are failure system western rubbish.

With CCP Xi immediate family, many 2nd and 3rd generations of old red army enjoy life and US dollars in westerns especially US. CCP dogs still want to hijacks the emotion of oversea Chinese especially he himself could not master his own anchient language. Lol.

Posted by foongsh > 4 minutes ago | Report Abuse

Global supply chain restructuring with strong and soild alliance. Stay away evil alliance.

The Agreement between the United States of America, the United Mexican States, and Canada (USMCA) is a free trade agreement between Canada, Mexico, and the United States. It replaced the North American Free Trade Agreement (NAFTA) implemented in 1994, and is sometimes characterized as "NAFTA 2.0",or "New NAFTA" since it largely maintains or updates the provisions of its predecessor.[10] USMCA created one of the world's largest free trade zones, spanning roughly 500 million people and totaling over $26 trillion in GDP (PPP).

You are right evil alliance will be eliminated eventually.

Mexico replaced China as America's top trade buddy — and it shows how the global economy is rapidly transforming

-Trade between the US and Mexico reached $263 billion during the first four months of this year.
-That pushed Mexico past China and Canada as its top trade partner since the start of the pandemic.
-China was America's top partner for much of the 2010s and again at the start of the pandemic.

Mexico take over. Lol.

Posted by foongsh > 16 minutes ago | Report Abuse

Both evil alliance CCP & Russia mess up Africa, pity Africans.

With both evils, Africa could not do anything.

China evacuates first group of its citizens stuck in war-torn Sudan

Sudan clashes: Army and paramilitary forces have clashed across Sudan since April 15, killing hundreds and causing acute shortages of water, food, medicines.

China has evacuated the first group of its citizens from Sudan, Beijing's foreign ministry said Monday, amid heavy fighting in the African nation.

CCP already ran away. Lol.

Posted by foongsh > 5 minutes ago | Report Abuse

Posted by IDQWE001 > 5 minutes ago | Report Abuse

Wagner’s services vary based on the needs of its clients, which include rebel groups and regimes, and its funding ranges from direct payment to resource concessions.

Evil Russia took away resources from Africa and provide weapons to rebels to kill Africans.

After all evil alliance Putin & Xi get out of Africa, there is still room for Africa.

Evil Russia mess up Africa. Africa is dead until evil Russia get out of Africa.,

Meanwhile, the group has continued to expand its foothold in the Sahel. Recently leaked U.S. intelligence has revealed that Wagner is working with Chadian rebels to oust the country’s transitional president, and some analysts predict that Burkina Faso could soon hire Wagner to help counter a growing jihadi insurgency after France withdrew its troops from the country earlier this year.

Wagner’s status as a PMC limits the financial costs of Russian intervention and gives the Kremlin plausible deniability, allowing it to hide personnel losses from the Russian public while simultaneously using Russian military infrastructure. In return, Prigozhin has emerged as a prominent figure in the war in Ukraine and among the Russian public.

In some cases, Wagner’s involvement in Africa has resulted in alleged human rights violations and exacerbated regional insecurity. In Libya, Wagner troops who fought alongside the Libyan National Army during its 2019 Tripoli campaign have been accused of committing extrajudicial killings and planting landmines in civilian areas. More recently, the group has been reportedly supplying Sudan’s Rapid Support Forces militia with missiles during its war against the Sudanese army. Wagner troops also operate in the same areas as the UN peacekeeping mission in CAR, threatening the United Nation’s ability to protect civilians.

Wagner’s services vary based on the needs of its clients, which include rebel groups and regimes, and its funding ranges from direct payment to resource concessions.

Combat operations. Wagner troops have supported African governments in combat operations against rebel groups, and vice versa. Approximately one thousand Wagner troops entered CAR in 2018 to defend the government of President Faustin-Archange Touadéra against rebel attacks on the capital, Bangui. In return, Wagner subsidiaries received unrestricted logging rights and control of the lucrative Ndassima gold mine. Similarly, Wagner Group forces deployed to Mozambique in 2019 to help fight the self-proclaimed Islamic State in the northern Cabo Delgado province. However, the group failed to contain the insurgency and withdrew from the area after a few months.

Security and training support. Wagner acts as a security service for vulnerable regimes. The group served as a part of a personal protection detail for Touadéra and helped train CAR’s army to prepare for possible coup attempts. Wagner has operated in Sudan since 2017, training Sudanese troops, guarding mineral resources, and suppressing dissent against the government of President Omar al-Bashir, all in exchange for gold exports to Russia. In many cases, Wagner’s support is supplemented by official Russian military assistance, such as in Mali, where the armed forces received combat and surveillance aircraft from Moscow.

Disinformation campaigns. Prigozhin also owns the Internet Research Agency (IRA), an online “troll farm,” and the Association for Free Research and International Cooperation (AFRIC), both of which are under U.S. sanctions and have worked alongside Wagner. The IRA previously outsourced work to individuals in Ghana and Nigeria that sought to inflame political divisions in the United States ahead of the 2016 presidential election, while AFRIC has sponsored “phony election monitoring” in several African nations, including Mozambique and Zimbabwe. Prigozhin has also been accused of co-opting Pan-Africanist movements to promulgate anti-French and anti-Western messages.

The Wagner Group has established operations in several African countries, where many of its operations focus on security issues. It has often provided security services and paramilitary assistance and launched disinformation campaigns for troubled regimes in exchange for resource concessions and diplomatic support. Wagner is most active in the Central African Republic (CAR), Libya, Mali, and Sudan.

Wagner Group involved many wars in Africa, lets the wars end then talk about Africa. Smart money won't flow into Africa amid wars.

截止去年底，恒大负债总额2兆4374.1亿人民币（1兆 5419亿令吉). What a big achievement a developer could make such a huge loss almost equivalent to Malaysia total debt.

Exports and imports dropped, real estate bubles burst, new high jobless with bad debts is real deflation. This is called changes not seen in 100 years’ is coming to take over America. Lol.

中国恒大两年累积亏损3681亿

（上海18日讯）中国恒大公布2021年全年、2022年中期及全年业绩。去年恒大收入为2300亿6700万人民币（1456亿令吉），按年跌8.0%；经营亏损644亿零800万人民币（670亿令吉），按年减少77.8%。

若计及恒大2021年亏损4760亿3500万人民币（3012亿令吉），意味恒大两年累积亏损5819亿4900万人民币（3681亿令吉）。

截止去年底，恒大负债总额2兆4374.1亿人民币（1兆 5419亿令吉），剔除合约负债7210亿人民币（4560亿令吉）后为1兆7163亿人民币（1兆零858亿令吉），其中：借款6123亿人民币（3874亿令吉）、应付贸易账款及其他应付款项1兆零22亿人民币（6343亿令吉）（含应付工程材料款5961亿6000万人民币或3772亿令吉）、其他负债1017亿人民币（643亿令吉）。

值得留意是，中国恒大去年底权益亏损达5990亿7400万人民币，（3792亿令吉）按年增26.6%。

审核师对恒大2021及2022年业绩均发出“无法发表意见”，并称恒大持续经营的多项不确定因素，又提到未能就财务报表获取足够适当的审核凭证为审核意见提供基础。

主席许家印于报告中称，展望未来，公司将全力保障“保交楼”等重点工作稳步有序推进，做好新能源汽车、物业服务等板块的持续运营，探索对公司核心资产的高效处置和有效盘活，稳步推进风险化解。

恒大物业已于6月5日补发过去两年度业绩，股份继续停牌；恒大汽车将于本月26日补发过去两年度业绩。

Submitted 2 years annual reports on the same day only happened in CCP. No worry CCP members still enjoy their US dollars with many girl friends and left over many unfinished housing projects. Home buyers have to pay rentals and housing loan installments even though they have pay cut or jobless.

Investing.com-- Hong Kong’s Hang Seng index fell sharply on Tuesday, catching up with losses in its Asian peers after data showed that Chinese economic growth slowed substantially in the second quarter.

The Hang Seng index fell nearly 2% in the morning session, as trade resumed after poor weather conditions, spurred by typhoon Talim, suspended trading on Monday.

Chinese real estate firms were the worst performers on the index, with Longfor Properties Co Ltd (HK:0960) and Country Garden Services Holdings Co Ltd (HK:6098) losing 6.5% and 5.5%, respectively.

Smart money acted faster than imagination and always know where is the best place to go.

Indian stocks at record highs amid positive earnings
Singapore-traded futures for India’s Nifty 50 index pointed to a flat open on Tuesday, after both the Nifty and the BSE Sensex 30 notched record highs in the prior session.

Strength in conglomerate Reliance Industries Ltd (NS:RELI), before the demerger of its financial services unit, and a rally in bank stocks, following strong results from lender HDFC Bank (NS:HDBK), were the biggest drivers of Monday’s gains.

Robust foreign capital inflows, optimism over the Indian economy and a strong start to the second-quarter earnings season were the biggest drivers of a local stock market rally over the past month.

Investing.com-- Most Asian stocks moved in a flat-to-low range on Tuesday amid persistent concerns over slowing economic growth in China, while Indian stocks eyed new highs on the back of a positive earnings season.

Hong Kong’s Hang Seng index was the worst performer in Asia on Tuesday, tumbling nearly 2% in catch-up trade after adverse weather conditions suspended trading on Monday.

Losses were concentrated in locally-listed Chinese real estate and technology stocks, with heavyweights including Baidu (HK:9888) (NASDAQ:BIDU), Alibaba Group Holding Ltd (HK:9988) (NYSE:BABA) and Tencent Holdings Ltd (HK:0700) seeing a heavy dose of profit taking after strong gains last week.

China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes also fell about 0.4% each, extending losses from Monday.

India has chosen a strong and soild alliance.

KEY POINTS
-A new BRICS currency is currently not on the agenda, said India's Foreign Minister S. Jaishankar
-His remarks come ahead of a BRICS summit to be held in August in South Africa
-Brazil and South Africa's leaders recently made statements about an alternative to the U.S. dollar

India has shut down speculation in recent weeks that the BRICS nations were planning a common currency to derisk their economies from the kind of devastating sanctions that the United States has levied on Russia and other countries by leveraging the greenback's global dominance.

Evergrande's overdue results to show steep losses, market eyes liquidity update

HONG KONG (Reuters) - China Evergrande Group (HK:3333), the world's most indebted property developer, is expected to post on Monday significant losses in its long overdue results for 2021 and 2022 - numbers the market will scour for updates on the company's liquidity.

The developer defaulted in late 2021 and has been struggling to complete projects and repay its many suppliers and creditors. After announcing an offshore debt restructuring plan in March, it is now garnering support to complete the process.

With about $300 billion of total liabilities, Evergrande's debt problem has rippled through China's property sector, a pillar of the world's second-largest economy,

No problem as long as the boss still the CCP member he still could enjoy life with his US dollars and girl friends. He might migrate to US same as many Old Red Army 2nd and 3rd generation. One of them was Xi daugter.

CCP jobless rate break new records again. CCP Xi bring the country to wrong direction with evil alliance and 3rd years pandemic locked down caused global supply chain restructuring.

Indian stocks at record highs, earnings in focus
Futures for India’s Nifty 50 index pointed to a flat open for local stocks, after both the Nifty and the BSE Sensex 30 notched record highs on Friday.

Optimism over the Indian economy, heavy exposure to technology stocks, and some positive earnings have been major drivers of an Indian stock rally over the past month.

Smart money flew into the market with sound and solid alliance. CCP Xi bring the country to wrong direction with evil alliance.

CCP could announced 65% GDP growth but the smart money not convinced. So now CCP should blame the smart money ?

Asian stocks muted, Chinese shares slide on weak GDP

Most Asian stocks moved in a flat-to-low range on Monday, while Chinese markets fell sharply after data showed that economic growth in the country slowed substantially through the second quarter.

Chinese stocks sink on weak Q2 GDP, waning rate cut bets
China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes were by far the worst performers in Asia, down over 1% each after data showed that economic growth slowed in the second quarter.

秦刚隐身20天 墙内网盛传与双面女谍有染被中纪委问话

中国外长秦刚已20天没露面，之前传他感染新冠。但据明报说，中国外交部发言人几天前答称“没有听说”。网络盛传秦刚与一位双面女谍有染被中纪委问讯，但北京未动用强大手段压制这个流言。此举令人想到此案或参杂中共激烈内斗，习近平还举棋不定...

有关秦刚被双面女谍拉下水的流言盖住了中国火箭军司令和副司令先后被抓和涉嫌自杀的劲爆消息。

原定今天7月14日出席在雅加达举行的东盟外长相关会议的中国外长秦刚，自6月25日之后就没有露面。中国墙内盛传他与一位涉间谍案的凤凰卫视女主持人有染而被中纪委约谈。

中国官场外传的”双面女间谍”是中国媒体凤凰卫视《风云对话》前主持人傅晓田。她毕业自英国剑桥大学，取得硕士学位后进入媒体服务，后来派驻美国华府工作，并与秦刚熟识。外流的照片中，她与时任中国驻美大使的秦刚合照，背景是美国国会大厦，网友评论，江山与美人如此多娇，难怪秦刚会晕船。

CCP full of sex, US dollars, spy and suicide stories.

Depositor is Helpless: Bank Converts Her 660K Yuan Deposit into Real Estate Bonds

https://youtu.be/3LfTAQA1dNI

Posted by foongsh > 14 hours ago | Report Abuse

don't mind CCP Xi go dye my hair and sharpen my nose just like what he did to his daugther resident in US and his sister and in-law resident in Canada as long as he let him share some of his US dollars as well. The people that love most US dollar not American is CCP. Look at those 2nd and 3rd generation of old red army, most of them are residence of US or westerns not their mother land. Have you ever heard they stay at North Korean, Cuba or Russian ? very sure no.

With CCP Xi immediate family, many 2nd and 3rd generations of old red army enjoy life and US dollars in westerns especially US. CCP dogs still want to hijacks the emotion of oversea Chinese especially he himself could not master his own anchient language. Lol.

Posted by foongsh > 2 hours ago | Report Abuse

No worry CCP wang yi is very good in calculation GDP growth could go up to 100% and take over qqq dye hair US by this year even export dropped -124% as long as evil CCP Xi happy.

CCP supporters are very angry, he wish CCP Xi go dye your hair and sharpen your nose just like what he did to his daugther resident in US and his sister and in-law resident in Canada. CCP love westerns only his supports anti western but yet to use 26 alphabets to communicate. Lol.

export dropped -12.4%. No problem CCP could declare GDP growth 50% this year as long as they like. Lol.

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Some CCP dogs not even could master his ancient language, his parents must be shame on him.

Really changes not seen in hundred years negative assets bad debts, only CCP dogs keep on saying deflation and negative assets are good. Worse than 3rd world countries. CCP dogs are brain washed by western rubbish comminism and socialism.

China's export slide to steepen in June, imports seen down

BEIJING: China's export slump is expected to have accelerated in June, as sluggish overseas economies struggling with inflation and rising interest rates buy up fewer goods from Chinese factories.

Outbound shipments from the world's second-largest economy were projected to have fallen 9.5% year-on-year, following a drop of 7.5% in May, according to the median forecast of 30 economists in the poll finalised on Wednesday.

That would be the worst decline since January, when China's supply chains were grappling with a wave of COVID-19 infections unleashed by the end of harsh pandemic-related restrictions.

Chinese factory activity has been shrinking in recent months and policymakers are now reckoning with the prospect of prolonged slower growth in the world's second-largest economy around just 3% annually, according to economists' forecasts. That is less than half the rates typical throughout recent decades and creates the feel of an economy in recession.

One-third of respondents to the trade poll forecast that exports in June dropped by a double-digit percentage, as in January. Societe Generale was the most bearish, anticipating a drop of 15.7%.

Imports in June are expected to have shrunk by 4.0%, after a fall of 4.5% in May, reflecting persistently weak domestic demand.

China's trade data will be released on Thursday.

Chinese consumer prices teetered on the edge of deflation in June while producer prices fell at their fastest pace in more than seven years, bolstering the case for further policy stimulus.

Weakness in exports was also evident in slower growth of daily average container throughput in June compared with a year earlier, Fitch Ratings said in a note on Monday, while it fell 0.4% year-on-year in the first week of July.

Tesla starts to lay off some workers at China factory, Bloomberg reports
Reuters
July 7, 202312:40 PM GMT+8Updated 5 days ago

global supply chain restructuring to Mexico to obtain Biden EV subsidies.

Silly qqq anti Chinese so happy and pround that "Changes not seen in hundred years of bad debts", "Changes not seen in hundred years of jobless", "Changes not seen in hundred years of global supply chain restructuring", "Changes not seen in hundred years of white elephants", "Changes not seen in hundred years of unfinished housing projects".

Tesla Model 2 is set to launch in the later 2023 for USD 25000, confirms Elon Musk

Tesla will introduce an electric vehicle with a starting price of USD 25,000, as announced during its 2020 Annual Shareholder Meeting, to genuinely democratize electric vehicles.

It is Interesting find out how many EV manufacturers could survive.

Posted by foongsh > 1 hour ago | Report Abuse

CCP anti Chinese to make their citizens suffered from negative assets and bad debts. Comminism and socialism ar e the rubbish from westerns and proven to be failure like North Korea, Cuba and collapsed USSR.

qqq is the running dog of CCP anti chinese feel very happy for negative assets and bad debts. CCP is a failure system.

Erdogan links Sweden’s NATO bid to Turkey joining the EU

Smart to join the strong and soild alliance and stay away from evil alliance.