Saturday, 28 September 2024

China pump liao but not so good for DBS this week

 Stoks

  • TLDR, CCP decides to use their money printer for the economy, cutting rates, asking banks to lend more and giving cash to citizens to spend.
  • Entire CN/HK market rallied doubled digits, BABA broke 100 and PINGAN went from 37 to 48 in a week.
  • Was contemplating to get PA but decided not to due to the lower div payout, turns out it was a big mistake lol.
  • Too bad, you didn't miss the boat if you weren't planning to board it in the first place.
  • DBS lost almost 4% since the last week as I feel BB may have started to move funds into China prior to the upcoming QE there.
  • Bought almost 20K of banks and 12K of Link this week.
  • Entered new position into VUAA in IBKR, started dca every 2nd of the month from upcoming week.
  • Left with around 10% cash in Tigers, will slowly start CSP plays on TSLA/NVDA. 
  • Will hold on to cash abit tighter from now.

US P/L 264234.44

SG P/L 108656.51

HK P/L 187693.16

IBKR C57993.72 $60034.73

Down-ed approx 30K for Tiger, 0.14K for IBKR





Redeemed entire SGD MMF

1.2758 USD FX, still depreciating







+400 DBS, 500 OCBC
+2000 LINK


















Life
  • Wanted to start daily 2.4km run, failed on the first day.
  • Managed to start on the second day only to get a stye on the right from the next day.
  • Stopped all forms of exercise since Wednesday, bloody good timing.
  • Cancelled my IPT training as well, subscribed for Grab promo...pkl

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