Forummers,... let's discuss,...

First reported at 4.37 pm this evening by CNBC and subsequently updated within the same evening : https://www.cnbc.com/2019/09/04/hong-kong-e...-wednesday.html

The HSI soared by 4% in the afternoon following reports that a controversial extradition bill was set to be withdrawn. By mkt close, the HSI pared some gains to close at 26,523.23 points today giving-up 0.1% from the height of 4%.

On a personal basis for the counter that I'm watching,....

1) HSBC (0005.HK) rose by 3.5%, closed at 57.900 today. Opened at 56.000 this morning.
2) PCCW (0008.HK) rose by 0.7%, closed at 4.300 today,... but this counter opened at 4.300 this morning, hence, there was no real movement if we look solely at today's performance.
3) Public Finance Hldgs (0626.HK) rose by 1.7%, closed at 3.030 today. Opened at 3.010 this morning.

How about other counters, bros and sis ?

Tencent is cheap, considering its growth prospects.

You still watching instead of buying?

Come let me chip in.
ICBC bank (1398)
CK Infrastructure Holdings (1038)
CLP group (0002)
Greatview Aseptic Packaging Company (0468)
Hengan international (1044)
China mobile (0941)
Yuexiu Transport (1052)
Fortune Reit (0778)
Tencent (0700)

This is bascially my watch list. Some already vested. Some not yet. Waiting for more cash/still undecided to buy in or not/lower price.

This post has been edited by Ramjade: Sep 4 2019, 09:50 PM

Tq bros,...appreciated your contributions,...

Yes and No,.....

Yes, looks like I'm still watching because I got triggered today by all these news,... and No because, well,.. I have really not been watching closely,..

In fact, I never thought that this 'change' would come in that quickly,... guessed different countries have different environment,... I thought we would still have easily another few weeks to go before something major wld happen, ie in time for the 'national day' of the CCP on October 1st,...

Fortune REIT has moved up,... too late,..

So, which counter is for dividend and which is for cap gain ?

Fortune TP is at 8.5+.
All mostly for income. Cap gain not so much. Tencent cause I believe in Tencent and Alibaba.

Just off the top of my head,... for these two counters : China Mobile and ICBC,...

1) Payout is only twice a year.
2) There will be a 10% WHT on the dividend payout.
3) Payout base currency will be in RMB. Tendency now is for the RMB to weaken further,... hence, your dpu collected will be affected negatively.

Any opinions to the above ?

Sometimes you cannot run from dividend WHT. With vast area (china still have plenty of rural area) and China mobile being monopoly, no debts, and china people using alipay and wechat pay, mobile for them is a necessity. Not invested yet but planned to. Hope won't be like sinktel.

Dont discount PLA action completely. Can still happen. The ball is now in the demonstrators court. HK govt has shown willingness to compromise. If demonstrators become stubborn n get worse then there is now more justification for drastic action.

China Mobile's Net Profit Growth and EPS Growth has been negative except for FY2017. You think this will improve later ?

Not sure. I am hesitant to invest in China mobile because of Sinktel.

I agree,... let's wait for further actions from the protestors to reverse the HSI,... then the boat will come back again,..

I learnt my lesson from Starhub,... I should have sold when the IDA announced that a licence has been awarded to TPG for the fourth mobile operator rights in SG.

Having said this,... I think I will stop monitoring on PCCW too,...

Telecommunications stocks only make sense in a large market. China, US, Russia, India, Australia and Indon. With large area, there are many unnerved place. The one with the best signal will nett the market for rural area.

That's why I looking at China mobile. Still have hopes for Sinktel.

This post has been edited by Ramjade: Sep 4 2019, 11:14 PM

I can't agree with the above. I invested hard into the ASX, and into Telstra because Telstra has always been a 'dividend darling' with the moms and pops of Australia. But Telstra is having lots of problems in Australia, and had to cut its dividend payout.

After this happened, the sp plunged,... I had to cutloss.

In terms of coverage and size,.. Telstra is the 'China Mobile' of Australia,... so, a large mkt is not always healthy for a telco. We need to compare across the mkts that we invest into.... and to draw experiences from inside to help us decide in other jurisdictions.

Might pull the trigger on HSBC tomorrow

Five years profit margin shows not bad.
https://www.aastocks.com/en/stocks/analysis...os?symbol=00941
Dividend payout also decent at about 50% mark.
One year of negative cash flow

This post has been edited by Ramjade: Sep 4 2019, 11:44 PM

For a telco company after my experiences with Telstra and Starhub,... I wouldn't look at the Dividend Payout Ratio (POR) nor sustainability anymore,... I'd look at the very bottomline first : NET EARNINGS TREND,...

I'd prefer to look at this section instead of yours in the above : https://www.aastocks.com/en/stocks/analysis...ry?symbol=00941

Ok bro,... 400 units minimum purchase, per lot size of 400 units for 0005.HK... don't miss this,...

China Mobile currently has 740 million 4G customers. Over the next few years, these people will be upgrading their package to 5G. N China govt is pushing 5G hard as a national priority. That is what I'm excited about.

Other than China Mobile.. Well basically tech, consumer n autos should be good long term plays. The big thing about China is the growing middle class. What will they spend on? Think along that line. The traditional export manufacturing sectors are taking back seat in China economy.

The trade war will accelerate this further as China try to build domestic resilience. Early this year they introduced fiscal policies to encourage domestic consumption. Expect more to come.

Banking is out..still too risky now with their bad debt problem. Insurance is ok (eg AIA) as middle class will start buying more insurance.

Short term.. Watch Cnooc and Petrochina..

This post has been edited by Cubalagi: Sep 5 2019, 12:32 AM

Any sifus have any thoughts on Sinopec (0386)?

Anyone caught the news that Carrie Lam only proposed to initiate the motion for withdrawal of the bill ? It's not the same as the bill being formally withdrew. Dont think the market will take this well if indeed true.

Oh.. I missed out Sinopec.

Yes. Im bullish OnG atm but I picked Petrochina. Oil prices looking strong. if u think there will be a US China truce this month n HK calm.. this will be good place to put some bets.

Of course, high risk bet. Get ready to take profit or cut loss fast. It only takes a bad tweet... 😅

N not sifu... don't believe what I say..

This post has been edited by Cubalagi: Sep 5 2019, 11:38 PM

No hurry to buy HK stocks...

Fitch Downgrades HK :

https://www.ibtimes.com/fitch-downgrades-ho...a-fears-2822946

More protests expected as I have mentioned earlier:

https://www.aljazeera.com/news/2019/09/hong...5181551062.html

I guessed it's important to decide what type of investor one is ! As a Fixed Income (FI) investor, I preferred not to occupy my mind with those quick actions you mentioned above, bro,... but yeah, if one is a cap gain investor, taking profits and cutting losses should be set in.

I don't see the need to limit to one type. High dividend types tend to be stable, low growth companies. Low/no dividend types tend to be high growth types. Depending on market cycle, one will outperform the other.

And of course, a great way to boost income is to get a nice capital gain somewhere and to dump it into a high yield instrument..

This post has been edited by Cubalagi: Sep 9 2019, 01:12 PM

Yes,.. need not limit,... in fact, portfolio analysis and studies always emphasize having different types of stocks in one's portfolio,...

For my part - I have always noticed my dividend stocks ended up as growth stocks too, because the prices will appreciate. But I do not view the appreciation as a method for me to increase my wealth and to lock-in the capital gains, UNLESS there is a change of fundamentals and qualities of the stock.

I will reap the maximum dividend payouts from any stock I buy before relinquishing the counter for any capital gain to be arrested.

HSBC is one of the secondary bookrunners for the Historical Saudi Aramco IPO.

Entered HSBC at HKD 58.15 !

Aramco IPO.. Why u think I bullish OnG? 😆

This post has been edited by Cubalagi: Sep 9 2019, 02:30 PM

So talk so long , What did u guys shop these few weeks ?



This post has been edited by foofoosasa: Sep 11 2019, 11:25 AM

Petrochina. End Aug just before Merdeka weekend..

This post has been edited by Cubalagi: Sep 11 2019, 02:04 PM

As above !

If I sell and take profit now, 'untung' 5-digit ! But I want the dividend,....

NO chance to average down already !!!!!!!!!!

Interesting choice. Hmm quite surprise someone will choose OnG counter since our malaysia market have plenty choice. Hehe

Journey still long to go. Haha i still in accumulation phase.

I choose 3968, 700 and 2318 instead of 0005.

You can look at 1299 also probably suit your portfolio.

Well yes.. I have parked some in Malaysia OnG also.. 😆

But u see, Malaysia OnG are small n mostly retail investor plays. So these will be slower to move n very volatile as Malaysian retail investors are still cautious. But if they move, I hope to make good $$$.

Petrochina is an HK index linked stock. So immediately benefit from the international flows n already up 10% in 2 weeks. .

Btw these are short term opportunistic trades..

This post has been edited by Cubalagi: Sep 11 2019, 08:57 PM

Oo if short term trade i no comment la.

If short term trade, OnG counter very hard to play for me since crude oil price is very unpredictable these few month. Can up 5% percent in one day, can down 5% in one dayas well.

0700 is easier to trade for me since it constitute almost 10% of Hk index. If not mistaken is the largest in Hang seng index.

Anyway just reminder to investor here, patiently buy don't rush. HK is very volatile market, up and down 10% to 15% in a month is very very common. i have been hunting since few months back.

This post has been edited by foofoosasa: Sep 11 2019, 10:59 PM

Tq.

1299 pays only twice a year,... though the dps is growing,... I'm afraid the yield is low at current price, only 1.54%. If the sp should drop further, it might warrant a look on my part !

Most investors here would be capital gain investors,... myself and Ramjade could be the only odd ones out.

Referring to this post,... I had a look at Sinopec this morning before going to bed,.. I saw the last effective yield was a whopping 9+%,... mind-boggling,.. but I think there is withholding tax for this ctr,... and the payout does not seem to be growing nor stable,...

There is no right or wrong in investment. Time will prove whether you decision correct or nt.

Plus yield is quite subjective thing to me.

For example 3968 vs 0005. Few years back in 2013 if i have choosen 0005 instead of 3968, i have made much more less

return compared to now.

And you mentioned telstra australia in other thread if nt mistaken. During 2007 , i chose commonwealth bank and blackmores instead of telstra as well. Time have proven I am right but sadly my capital was much more smaller that time.

If you are closing retirement age, 0005 and hk reits indeed are much more suitable.

But no right or wrong la, i know many uncle hold 0005 portfolio 6 digit, 7 digit, 8 digit even 9 digit in malaysia. They hold since N years ago.

YOur statements of choosing 3968 over 0005 AND CBA over TLS were based on capital gain,... Yes, if your capital had been smaller and your were in accumulation stage, gg for capital gain would be the right way - I have said this in another thread somewhere.

Interestingly,... I have always been a Fixed Income investor,.. never tried much as a Cap Gain investor. I believe in the fact that if a particular ctr has sufficient dividend-paying qualities, it will ultimately turn out to provide capital gains too,... and the more of such 'Unrealized' capital gains in the price of the ctr, I treat it as the higher my margin-of-safety is.

To diversify my hldgs further from SG, CA and AU, I intend to buy more of HK ctrs,... hopefully, this will negate out the geographical risks !

chill, I get where your Investment philosophy from.

guess to day will be boring day. switch on Pc at the morning monitor my watchlist a bit, 5 mins feel sleepy already then close it

recently i added Bank of China instead of HSBC.
i more interested in finding div counters. any recommendation?

suddenly noticed that my AGX banking shares all green and in profit already...

See front page. I share some counters.

My view is that u should only be this "Fixed Income" investor if u are a retiree or close to retiring and need the dividend for income to cover expenses.

I focus more on total return. Money is money regardless from dividends or capital gains. I'm happy to get dividends but capital gains are usuallly a faster way to increase total return. I have both high divdend stocks and low/no dividend stocks, for diversification purposes.

However, I don't need the dividend as income as I'm still earning a paycheck every month. Dividends get reinvested.

Progress is measured not by how much income I make but how much my investment portfolio grows every year.

I appreciated your comments - and yes, capital gains IS FASTER to incarese a total return,... OVER A SHORTER PERIOD !

There are statistics out there that say,.. for a trader - over a longer period, the wins and the losses offsets each other. I have not really seen any stats out there that pertains to a Fixed Income investor though,...

Well,... tq for your portfolio details.

On my part,... my portfolio is mostly based on the intention of investing for dividends, but as I expected, along the way, I accumulated LOTS (NOT lost) of capital gains too, though unrealized.

I would realize my capital gains when I see the fundamentals of a stock (or REIT) is hinting of a change to the negative side. Otherwise, before that day comes, I will continue to 'enjoy the upward ride'.

YOU kept mentioning : you don't need the dividend. On my part, I don't need to tell you I need the dividend nor or not. I refuse to let the idea of one needing the dividend or not to dictate the wish to invest into dividend stocks.

IF,... an investor only starts to focus on dividend stocks when he starts to need the money, or when he starts to retire,... it will be too late ! Why ??

1) He may not be able to pickup on dividend-stock investing well enough and fast enough to invest safely.
2) He may not have built a portfolio that is hinged on dividend-paying and fixed-income instruments till this point in his life.
3) Finally,... he may not have the confidence to go into this at this stage in his life.

Better to start earlier in life,....

EDited an important point in the above posting because it is not merely a typo error or wording error. It's an error that is critical to me for expressing a point to the reading and investing public of the world here.

This post has been edited by Hansel: Sep 16 2019, 10:18 AM

Some observations this morning. Till now :-

1) after a few days of rises, the HSI has dropped by 1.07% to 27,059.66 points now.

2) 0005.HK has risen to 60.70.

Just for my personal tracking,...

The chart for HSBC, 200 ma, keeps being on an upward momentum,...

Bruh,... any opinions on CLP ??

I like CLP for it's market share in India. But at dividend yield of 3.x%, I might as well pick CKI. Will buy if the price really gets beaten down. Just not at current price.

This post has been edited by Ramjade: Sep 16 2019, 01:31 PM

Is there a minimum dividend yield for u to invest? If you like a stock, what is the minimum div yield u must see before u invest no matter how much u like the stock?

Ok, bro,... tks,...

At a price of 53.55, the yield of CKI was at 4.53%. Business is spread out all over the world,... well,... one thing negative for me here is : the dpu is paid out twice a year. I would prefer to get my money earlier,...

CKA pays out 4 times a year,...

Well bro,... I don't have any real hard-and-fast rule,... to round up all philosophies pertaining to your question here, I would analyse first the higher-yield counters, then move-on down to lower yield ones.

There would be many higher-yield counters being there because of one-offs. Hence, these are scrapped-out. An eg of this would be Air New Zealand in the ASX.

And then there would be some lower-yield ctrs which have growing dpu's. I might take one of these up. An eg of would be Capital Mall Trust in the SGX.

You want to buy at 3.7% yield?

Thanks for your explanation.

Sure bro,... anytime for you,...

Lower yield but paying faster, ie four times a year,... rather than higher yield at 4.53% but paying slower with only two times a year,... wouldn't being able to take our money in-hand for reinvestments be better than waiting longer for our money ?

After all, there is no dividend-handling fees here. If there are dividend-handing fees, then it would be different,...

Opinions, bro(s) ?

Like I said would love to add it if price is right. Complement CKI nicely.
CLP more effective Asia.
CKI more effectively developed countries.
Buying both means you cover almost both part of the world.

Reason for wanting to buy CLP
- family owned (I like family owned business)
- India and China sector is profitable going forward. Lots of place there might still not have electricity
- increasing dividends and ROE.

You know me. I can wait. So doesn't make a difference for me whether is 1x, 2x, 4x. I collect money and wait for right price.

Tq bro,..

I'm thinking of GAPACK then if I'm to accept payouts only twice a year ! At least for GAPACK, the yield at current prices is 6.50%. Why would I settle for CKI, paying twice a year only, at a lower yield of 4.53% ?

Only thing is I noticed is GAPACK has been retreating in price since January 14, 2018. Hence,... there could be some weakness in this ctr naturally,... and the low price is not really sentiment-driven by the protests now !

Different animal.
GAPACK is competitor to TetraPak. Company can switch packing.
Electricity harder to switch when you already have the backbone build in. Electricity is slow and boring investment.

I am invested in GAPACK. If Jardine can spot something in GAPACK and bought I think 25% stake and have a board member on board I want in. That's just my view.

This post has been edited by Ramjade: Sep 17 2019, 01:21 PM

I have not done too much studies onto GAPACK yet,... I'm only using some infos I acquired from Aus which have heard of this company. HK, being a trading centre, would have great packing companies too,...

'Electricity' is an infra entity, and many countries would view this entity as a strategic asset. If regulations change, or the political environment changes, the effect can be huge, especially for an infra co that has so many assets across international boundaries. You can get just one politician who may not like the company, and you can get an overnight change,...

An eg would be like ERM Power in Aus.

But having mentioned GAPACK,... I still have Public Finance (0626.HK) which pays out dividends two times a year,... with a current yield of 7.12%....

Just wanting to add : Investing in the ASX taught me one more important risk,... the angmohs are very conscious of this risk : it's called Regulatory Risk. In the SGX, our attention to Regulatory Risks are not so obvious,... for our SG Gov't is more 'stable'.

I spent the whole day today forumming,...

This post has been edited by Hansel: Sep 17 2019, 02:58 PM

For me very simple. Company must be making money. Don't care about what politician is in power. Like Mr blondie. Love him for giving me discounts but he's only temporary. Best case scenario and he is going on for another term and then that's it. He have to vacate his seat. Politicians are temporary. Cash making must be permanent.

Hi, I'm a newbie that just opened my fsmone account. Before I start vesting in them, may I know if the following stocks are subjected to dividend withholding tax of 10%?

China Aircraft Leasing Group (HKG 1848)

Bank of China (HKG 3988)

PetroChina (HKG 0857)

Let me try, bro,...

1848.HK : No WHT.

3988.HK : Yes, WHT of 10% imposed. B careful of the dps payout of this ctr - dps trend has been dropping the last few years.

0857.HK : Yes, WHT of 10% imposed. Dividend payout is not stable,... too many Special Dividends over the years,... implying volatility in payout,...


Please correct me if I am wrong in the above,.... I gathered the above from some observations, the best person to know would be someone who holds these shares till Ex-Date.

Thank you for your kind input Hansel!

I see.. I guess HSBC Holdings plc is the better option than Bank Of China due to the WHT.

Too bad I missed out on the lower pricing as I was waiting for my activation code to be mailed to me.

You are welcome, bro,....

Emm,... HSBC has dipped below 60.00 this morning, reaching a low of 59.750 this morning. The boat might be coming back,.... but I can't figure out yet the reason for this pullback,...

If Bank of China pays out a yield of, say 8.15%, then 8.15% - (10% of 8.15%) still gives out a good yield of 7.335%. At the current price of HSBC, the yield is below 7%. So,... coming from this angle, at this current moment, BOC's yield is better than HSBC's.

THere is one major consideration then,.... BOC pays out once a year ! But HSBC pays out 4 times a year !!!!!!!!!!

Maybe the pullback yesterday has to do with the drone attack on Aramco?

The website I use to check BoC's yield stated FY2018 has a div yield of 6.69%, barely hitting 6% after the WHT Is 8.15% the forecasted yield?

Apologies, you are right : 6.67% for BOC now in AASTOCKS.

So,... not worth it,... been checking too many ctrs yesterday and today,...

Spending time with family in Australia now,...

HSBC's outlook got downgraded from stable to negative by Moody's.

http://www.morningstar.co.uk/uk/news/AN_15...d-protests.aspx

Greatview Aseptic Packaging Company Limited (0468.HK)
today drop after div.. drop more than the div.

why u no choose
Hung Hing Printing Group Limited's (HKG:450) ?

also dividend stock.

You don't buy based on yield. You buy based on moats, increasing DPU. GA aseptic is

Hung Hing Printing Group Limited's is just a printing company right? No moat at all.

This post has been edited by Ramjade: Sep 19 2019, 06:05 PM

hi, im newbie here.

wanna ask which platform to recommend for buying the HK stock and IPO ?

Yes - you are right ! This was the news a few days ago that caused the price of 0005.HK to pullback. Today,... it went back up above HKD 60.00,....

Hansel, hsbc's current stock price could most probably supported directly or bouyed indirectly, by the news of a series of share buybacks which HSBC has purchased from LSE for the past one week.

There is no concluded end to the protest yet, and also now that the HK gov had outrightly refused to concede to further demands of the protestors. Protests or riots expected on 1 Oct, China's National Day. There could be opportunity to top up on this stock as HK market is expected to drop. Also no deal Brexit is expected to happen in October.

Depends on what you want. If you want HK alone., FSM SG enough..

If you are planning to buy other market can consider Interacrive Broker

I more of an Interactive broker guy as they are super cheap, and I can have practically access to plenty of markets. I used their whitelabels to avoid paying USD10/month inactivity fee.

Tq bro,...

Just my observations on hsbc,... I saw the listed co in the LSE doing the buyback for the last 2 to 3 months, but 0005.HK still continued to fall. This fall got capped and turned around when HK gov't agreed to officially withdraw that controversial bill. Yhe price rose till,... emm,... 61.xx, I think,... then suddenly reversed and dropped below 60.00 a few days ago.

I couldn't find the reason for this till you showed me that article from Morningstar. I couldn't find any other articles on hsbc, neither could I find any credible news and development from hsbc.

The share buybacks are continuing to take place in London,...

As for Brexit,... I observed this : When PM Johnson was on the verge to be able to pull The UK out of The EU in a no-deal manner, hsbc continued dropping. Then, when the opposing politicians came in to challenge Johnson, hsbc rose a bit. When Johnson wanted to stage a surprise election to ward-off the challengers, hsbc dropped back.

And finally, at current stage : looks like the challengers are able to stave off a surprise election plus gaining ground against Johnson, hsbc continued upwards.

I am of the opinion that when there are chances for The UK to remain inside The EU or at least, delay the exit, hsbc's price will move upwards.

Yes - I am hoping whatever happens on October 1st will press hsbc's price down again,....

How abt Public Finance (0626.HK), bro ?

When i remarked 'a series of share buybacks', HSBC was really buying back its shares very very frequently for the past one week ; without these buybacks I believed the share price could have drop more...

Public Finance is not on my watchlist, as I am more bullish about the big 4s, in the long run, that is. I noted your reservations about Chinese banks and credit bubbles, but imo, the bubble is more applicable to chinese banks which invested heavily outside of China (BRI - belt and road initiatives?). I could be wrong tho, but agreed on the short run, most will get affected including big 4s, but the question would be , which of these chinese banks would be affected the most and which would be able to recover quickly.

Anyway I took a look at PF:

- it pays div twice a year, not 4 times a year which you prefers
- div yield is 7.29% ! Very high but share price currently low at level unseen for the past 5 years at least.
- PF is very HK-centric in its biz focus, i.e. most of its branches in HK, the protests would have affect it comparatively

Can still consider to mark this stock to buy post-October given its deeply discounted price, but with cautions with the current headwinds. That's just my opinion, so do research before you enter

Added : Tq,.. my opinions in red after your paras,...

This post has been edited by Hansel: Sep 21 2019, 10:37 PM

Bros,.. do you guys remembered back in July,... that Deputy Minister made remarks about declaring overseas income, and unfriendly reception if not declared ? Following is the link again :-

https://www.thestar.com.my/news/nation/2019...RIlqZhAqEJPC.99

After much querying from taxpayers, following is the confirmation from LHDN :-

https://www.thestar.com.my/opinion/letters/...--tax-confusion

Just saw the article this morning,...



So, it's all systems go for foreign instrument investors like us,...

Added : To be clearer, for all those of us who have ONLY dividend income, coupon income and capital gain income from overseas instruments, egs here would be from such as HK REITs and Shares, DO NOT NEED to declare them under the SVDP Program.

Persons who have income generated from taxable sources in Malaysia and parked in foreign bank accounts who have yet to declare the income should take the opportunity of the Special Voluntary Disclosure Programme (SVDP) which ends on Sept 30 this year.

This post has been edited by Hansel: Sep 22 2019, 10:53 AM

U guys think that the political risks to HK stocks has abated?

Nope but it's getting lesser and lesser. I am glad that is not over yet as it will help in depress the price of the stock I want even though they have no connection to HK.

I think it's sensible call to monitor HSBC's share buybacks from LSE with the Brexit issue as they have stakes there. Let's see how things turn out.

As for the big 4s, no, I have not invested in any yet, but the benefits/risk is tempting enough to keep this in my watchlist . The reformed loan prime lending rate would most probably caused short term pains but would improve transparency in the long run from what I read.
Btw, these big 4s and 3 key others players ( guess?) are rumoured to be working with The People's Bank of China to come up with 'digital currency'.

Latest dvelopment this evening,.... The UK Highest Court has decided that PM Johnson's parliament suspension is Unlawful.

So,... looks like the challengers are one-step up from here to preventing a no-deal Brexit from taking place on Oct 31.

HSBC's price may rise tomorrow,... if our/my theory is right,.. AND provided no other more serious 'negative' development takes place between now and mkt open tomorrow,...

This evening, HSBC closed at HKD59.950.

🤔, the no deal brexit vs get some deals argued for so long already.

I guess market don't response much according to the news. Lol

Recently market really boring, guess just continue do nothing this week.

Tq bro,... appreciated you comments,..yeah, I'mfeeling the boredom too,... but I'm keeping up my hopes. I think I'll go into one counter slowly in The SGX. Stay on the sidelines in the HKSE first. Wait for dpu ann't first on Oct 2nd,...

This morning, as of now,... hsbc is at 59.750. PM JOhnson's chances to pull The UK out of The EU on Oct 31 is lower now.

This should be positive for hsbc.

But,... Ms Pelosi,... the White House Speaker started an inquiry into the impeachment of POTUS early this morning,...ann't around 6 am our time. SP500 dropped the most for one-month.

I thought brexit is already pretty much confirm right?

only brexit with deal vs brexit with no deal. either one

many MNC start relocated their office to other europe cities already.

Yes, bro... confirmed already - the Referendum in 2016 did this. Unless,... they do another Referendum,...

The point now is whether can exit with a good arrangement with the EU or not only,.. so, many organizations and people want a better deal. And this is what everybody is fighting for. If no-deal, the Britons preferred to delay and delay till a deal is reached ! Or,... emm,...

Till another Referendum is called ! The PM needs to make this decision, I think,....

any malaysia brokers can buy HSI stocks?