Asia Pacific

Buy MSFT.

Microsoft will ruin it. Give it to the evil Zuck.

:smiling_imp:

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To be fair to Microsoft, it has done well with some acquisitions like Skype, LinkedIn etc. I do not yet understand what happened to Nokia though.

Xi Jinping’s trillion-yuan baby, the Star Market, is poised for the next spurt of growth. Here’s why

Plenty of liquidity for IPOs.

Fourteen months after declaring its intention to quit New York, SMIC raised 53.3 billion yuan on the Star Market, where its shares tripled on debut. The company is now capitalised at 263 billion yuan, many times its size when it languished for 16 years as a barely traded American Depositary Receipt in New York](The US-China technology war aside, SMIC has a practical reason for delisting from New York: its ADRs are hardly traded | South China Morning Post)

@erth De-listing is not a big deal as make up by American media. Plenty of liquidity and businesses achieve higher valuation in Star Market.

How China’s Ant is evolving from a payments app into a technology champion

Ant could become the poster boy for China’s plan to attract fast-growing technology champions to list on its domestic markets so that its citizens can easily reap the benefits of rising share prices in the wake of red-hot IPOs.

Xi is not as powerful as @manch suggests and what Trump claims. Corporate choose where to list. It appears is not liquidity that is driving Chinese businesses to list outside of China, is visibility and ambition to be a MNC.

“You’re buying China if you buy into Ant … They will grow at a slight multiple to the nation’s consumer economy,” said Rob Jesudason, founding partner and chief investment officer at financial services principal investment firm Serendipity Capital and former CFO of Commonwealth Bank.

Buying BABA is buying Ant :slight_smile:

“An American consumer is probably more profitable right now than a Chinese consumer, but that might not be the case [in] 20 years’ time,” said Jesudason.

For @manch to decide whether this is an opportunity and whether it can be achieved.

Wait until sanctions hit BABA and we will see where it can buy chips to power its operations. Either Xi steps down or we are heading towards WW3.

:bomb:

WW3 is war between haves and have-nots, not amongst nations. Most probably start in USA and export to other nations. Build a hardened shelter in your home, you would need it.

Are you making a case for allowing companies to be listed on US stock exchanges without disclosure in proper standards?

My understanding of wars is that people who have nothing do not go to war. Wars are fought between parties who have some power already. They are either defending or expanding their current fiefdom.

Most likely place WW3 will break out: first the South China Sea, second Taiwan. People should take Xi literally and seriously. Go back and read his speeches over the years. He never deviated from the plan he stated openly. Xi promised to take back Taiwan during his term.

Apple better moves its factory out of China fast. It has 5 years, or less.

USA and Vietnam have signed an MOU in which US will protect the Viet fishermen. Speculation is that this MOU can result in a military base in Vietnam at later date.

Monster in the closet. I repeat, absolutely no benefit to take back Taiwan.

All companies listed have met proper standards. Don’t insult SEC. You’re talking like the “I’m the best, blame others”.

My message in the original statement is valuation won’t drop because of de-listing - a fear that many have. Remember, investors are not politicians, only care about making $.

4x2 comment.

That is what every investors expect and assume, but it differs between regular US filing and ADR filings (including country related gaps) !

It is up to the individual investors to know the rules and protect their investments.

I do not invest outside USA and I never care about ADRs or the associated rules.

One example, Warren Buffet does not need to provide 13F filing for his entire China or overseas investment, neither the company (ADR) needs to report it.

This rule warren buffet discussed in my latest investors conference and did not tell how much he invested in China and which are those companies.

Now, what is the implications? Even for US, SEC is coming with changes and how people are reacting it. See here.

https://www.reddit.com/r/wallstreetbets/comments/hrqeiq/open_petition_to_wsb_sec_insider_disclosure/

Second issue, SEC itself unable to proceed (specific to China).

Yes, but that is only half of it. To understand why wars are fought, one must understand the motives of the belligerents.

  1. Control over a population.
  2. Control of the assets
  3. Control of the Income

When Elon Musk make this kind of statement. what do you think Global Weatlh Funds will think?. And this Tik Tok spat. without investment confidence. we are looking at 100s millions of job losses and trillions of money printing to keep the tax system afloat.

The Process has already started.

Europe’s defense companies want to forego US technology


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The link points to the reason why Elon Musk is unhappy about the US.
He also said that Tesla had received the least government assistance of any U.S. carmaker.

Musk also said:

Musk replied: “China rocks in my opinion. The energy in China is great. People there – there’s like a lot of smart, hard working people. And they’re really – they’re not entitled, they’re not complacent, whereas I see in the United States increasingly much more complacency and entitlement especially in places like the Bay Area, and L.A. and New York.”

Musk is welcome to take all money he can from Chinese government.

Added a few Min later to cover ITAR:
ITAR does put restrictions on movement of US tech across borders. Technology outside ITAR can be seen somewhat as open source tech. Think of it as an open source (like linux) system versus a closed one (like Microsoft Window or Apple IOS). US military technology comes with restrictions and lot of countries do not like that. Is it good or bad for US? Hard to say. I think it is OK to keep your military tech under control.

Your links provide some good perspective as seen from the European Vantage point.

Jay is covering his arse with that political statement.

Easy to resolve. Ask them how much they are investing and how much return they are expecting. Then ask Fed to start the printing press and give to them. Done.

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You support Trump, feel entitled like a Democrat. I am the best, I have the best environment, so I am entitled to good life without needing to work hard for the money.

Elon Musk defies Trump directive and build gigafactories in high cost area like Berlin and Shanghai, and build terafactory in no-entitled-attitude city like Austin suburb :nerd_face:

“When you’ve been winning for too long you sort of take things for granted. The United States, and especially like California and New York, you’ve been winning for too long. When you’ve been winning too long you take things for granted. So, just like some pro sports team they win a championship you know a bunch of times in a row, they get complacent and they start losing.”

Describe attitude of Californians like @manch well. Austinites are taking your :cheese: :hugs: