Andy Xie

[behappyalways]

China Needs Major Rebalancing for Economy to Be Healthy, Andy Xie Says
https://www.msn.com/en-gb/finance/video ... vi-BBVWqA7

[behappyalways]

China plays a waiting game on the economy – and bets everything on the belt and road plan
https://www.scmp.com/comment/insight-op ... thing-belt

[behappyalways]

The dollar-yuan could go 'significantly above' 7: Economist
https://www.msn.com/en-us/finance/news/ ... vi-AABuMpP

[behappyalways]

Hong Kong and Singapore, so similar yet so different – it’s all about housing, money and politics
https://www.scmp.com/comment/opinion/ar ... -all-about

[behappyalways]

The Federal Reserve is prolonging the trade war, keeping the biggest financial bubble in history going – and risking the entire global system
https://www.scmp.com/comment/opinion/ar ... -financial

[behappyalways]

The economy can take a back seat. If the lockdown lasts for four weeks, which is an optimistic assumption, the economic loss could be around 2 per cent of the gross domestic product. If the crisis lasts longer, the cost escalates proportionately.

How the coronavirus crisis is exposing the ills of the China model
https://www.scmp.com/comment/opinion/ar ... hina-model

[behappyalways]

Luck may be the only thing standing between the coronavirus and a US stock market crash
https://www.scmp.com/comment/opinion/ar ... d-us-stock

[winston]

Three ways coronavirus could trigger a global financial crisis

Source: SCMP

https://www.scmp.com/comment/opinion/ar ... crisis-and

[behappyalways]

How the US Federal Reserve created a financial opioid crisis in the West
https://www.scmp.com/comment/opinion/ar ... risis-west

[winston]

Beware: the US-China technology war is about to burst the tech bubble

Tech stocks are overvalued, thanks to central banks. And as the impact of the US-China tech war becomes increasingly obvious and the pandemic cools demand for hi-tech goods, a chill will be thrown over stock markets

by Andy Xie

There might not be enough liquidity to neutralise fears over deteriorating fundamentals.

Apple: its core business of mobile phones is a sunset market. Given that it is already a tech giant, how much room is there for growth? Yet its price-to-earnings ratio – close to 40 times – is its highest in a decade, which just doesn’t make sense.

Tesla may be the world’s largest car company by market value, but it is actually a small company by revenue in an industry – and a segment of the industry – with massive overcapacity.

Uber is a ride-hailing business that can grow rapidly only by slashing prices.

Companies like Facebook and Google profit from collecting data and are increasingly coming under regulatory scrutiny. It is doubtful that their business model is sustainable.

Source: SCMP

https://www.scmp.com/comment/opinion/ar ... ech-bubble