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1. ANT's questionable business model could trigger the collapse of the chinese financial system once there is deleveraging. Now I understand why nobody wants to invest or list in SGX because our regulators are so out of touch.
2. Singtel & Grab did the most fucked-up presentation to MAS and they still got it. They don't even have a proper plan and can't respond property to Q&A. So it is about who you know, in Singapore.