$CapLand China T (AU8U.SG)$$HongkongLand USD (H78.SG)$$Maple...
China is set this week to kick off its annual parliamentary meetings, which investors are watching closely for signals on economic stimulus.
The country’s gross domestic product grew by 5.2% in 2023, but overall recovery from the Covid-19 pandemic was slower than many had expected. A prolonged slump in the massive real estate market and falling global demand for Chinese exports have contributed to low levels of consumer and business sentiment.
The country’s gross domestic product grew by 5.2% in 2023, but overall recovery from the Covid-19 pandemic was slower than many had expected. A prolonged slump in the massive real estate market and falling global demand for Chinese exports have contributed to low levels of consumer and business sentiment.
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JJ trader : Keep on dropping. Worst than AEM.
JJ trader : The boss of CDL sleeping
JJ trader : Whoever wrote the following report can go to the school and study again.
JJ trader : Other counters break new high. This one everyday breaks new low.
JJ trader : Drop like that. Wait at 4 for it. Half price sale.
JJ trader : If accumulated enough, you can take over.
Deep SeaOP JJ trader: To be fair, all property stocks and REITS have dropped a lot due to high interest rate that is impacting their earnings when they need to pay more finance costs when they refinance their debts. DPU will drop as a result. And u can see the STI dropping and the overall market is dropping too. Even bank stocks drop when they make big profit.
JJ trader Deep SeaOP: That’s is why I say the boss is sleeping
Deep SeaOP JJ trader: Be patient. Property stocks and REITS will rebound once they hit the bottom.
JJ trader : Thank you.
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