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Serious jiuhukia Local Actor Shaun Moves To Stay In JB And Commutes Everyday To Act Before Sinkies! Guess Savings!

JohnTan

Alfrescian (InfP)
Generous Asset
My 恩師 traverses between cities to help people, not harass.

My 恩師 is a philanthropist like Tan Kah Kee and Lee Kong Chian.

又是處女,又是慈善家 … 你們生在福中不知福。

Help how? Sell magic pills or by providing massage?
 

k1976

Alfrescian
Loyal
Markets

Country Garden’s Home Sales Tank 57% as Liquidity Stress Worsens​



Residential buildings under construction at Country Garden Holdings Co.'s Century Center development in Foshan, China.

Residential buildings under construction at Country Garden Holdings Co.'s Century Center development in Foshan, China.Photographer: Qilai Shen/Bloomberg
By Bloomberg News
September 5, 2024 at 6:23 PM GMT+8
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Country Garden Holdings Co.’s sales slump dragged on in August, exacerbating the Chinese developer’s liquidity woes as it battles a wind-up petition.

Contracted sales for August declined 57% from a year earlier to 3.43 billion yuan ($483 million), following a 72% drop in July, according to an exchange filing on Thursday.
 

k1976

Alfrescian
Loyal

JPMorgan Abandons Recommendation to Buy China Stocks Ahead of US Election​

  • Bank cuts stocks recommendation to neutral from overweight
  • It joins UBS, Nomura in downgrading China exposure recently


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'Nervy Week' for Markets, JPMorgan Asset Management's Craig Says
By Jacob Gu and Abhishek Vishnoi
September 5, 2024 at 6:13 AM GMT+8
Updated on
September 5, 2024 at 11:13 AM GMT+8
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JPMorgan Chase & Co. abandoned its buy recommendation for Chinese stocks, citing heightened volatility around the upcoming US elections in addition to growth headwinds and tepid policy support.

China was downgraded to neutral from overweight in the bank’s emerging markets allocation, strategists led by Pedro Martins wrote in a note Wednesday. The potential for another trade war between Washington and Beijing could weigh on shares, while China’s moves to lift itself out of its economic slump remain “underwhelming,” they said.
 
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