Temesak among the top 10 bond holders of bankrupt Evergrande

[nayr69sg]

Doubt it'll happen, but even if so, don't expect them to give money for free. It will cost you dearly, and I don't mean tax-related matters.

Will it?

I dunno. Canada is a very rich country. It just needs to sell more of its stuff.

In any case. I did not vote. No point lah. Living in Alberta is like living in Hougang political wise. Makes no difference if you vote or not already know the CPC will win in my riding.

Also even if whole of AB votes CPC it makes no difference to final ruling party. Election is decided by Ontario and Quebec.

 

[borom]

Now you are reminded again why that "lady" who Buy high and sell low's salary is a state secret -I wonder if her KPI includes goodwill to countries where we import foreign talents -like in this case .
No doubt another of her famous long term investment with unlimited/perpetual time frame

 

[laksaboy]

Evergrande is just the tip of the iceberg, the foreplay, the appetizer. More to come.

The more deeply invested in China you are, the more jialat it will be. In the end China's economy will be decoupled (脱钩）from the rest of the world: think North Korea.

On an individual level, you might be able to do something about it. For the buffoons at Temasek, that's beyond your control. Just take the appropriate measures to protect yourselves, and enjoy the shitshow.

 

[Chase]

Evergrande is just the tip of the iceberg, the foreplay, the appetizer. More to come.

The more deeply invested in China you are, the more jialat it will be. In the end China's economy will be decoupled (脱钩）from the rest of the world: think North Korea.

On an individual level, you might be able to do something about it. For the buffoons at Temasek, that's beyond your control. Just take the appropriate measures to protect yourselves, and enjoy the shitshow.

The impact on US, China stock market was not huge last night. FX market also not crazy.
This black swan is not black enough?

 

[Chase]

Anyway, Temasek is supported by government, their subsidiaries get state-assets cheaply, grants, licenses, and financing cheaply. In many ways, Temasek operates recklessly like SIA, when times are good they reward themselves, when times are bad, they just average down.

Then GIC is quite different, their capital appears to be from our coffers directly.

Am i right that both's got different means of funding? Anyone can explain the difference between GIC and Temasek better to us? Thanks!

 

[batman1]

How many billions write-off as loss in investments ?

 

[pvtpublic]

Why is it that whenever any huge financial/investment fiasco happen, temasek is usually involved? They are either damn lousy investors or damn suay.

told u right... just do the opposite of her to huat!

 

[nightsafari]

Why is it that whenever any huge financial/investment fiasco happen, temasek is usually involved? They are either damn lousy investors or damn suay.

ho ching's magic touch.

 

[nightsafari]

told u right... just do the opposite of her to huat!

simple right?

 

[nightsafari]

Perhaps, the Singapore government and Tenasek Holdings would kindly provide a summary of the realized and unrealized gains and losses since HC was appointed the CEO.
Regardless, HC should step down, and leave forthwith.

reveal those numbers and you will have a revolution on your hands.

 

[nightsafari]

16million homes unfinished
jipaihongkan liao
cheated employees millions via employees' investment in evergrande wealth...haaaa

ty for the feet on the ground insight.

 

[nightsafari]

Don't forget the very unwise collaboration between Temasek and BlackRock.

One of the reasons why you keep hearing 'sustainable this' and 'sustainable that'.

https://www.temasek.com.sg/en/news-...-blackrock-launch-decarbonization-partnership

actually, I think that investment in Blackrock is an albatross. Watch this space for impending total loss from that investment.

 

[nightsafari]

Doubt it'll happen, but even if so, don't expect them to give money for free. It will cost you dearly, and I don't mean tax-related matters.

well said. economies are zero sum games to an extent. Hoping for free money is thoughtless.

 

[nightsafari]

Evergrande is just the tip of the iceberg, the foreplay, the appetizer. More to come.

The more deeply invested in China you are, the more jialat it will be. In the end China's economy will be decoupled (脱钩）from the rest of the world: think North Korea.

On an individual level, you might be able to do something about it. For the buffoons at Temasek, that's beyond your control. Just take the appropriate measures to protect yourselves, and enjoy the shitshow.

I agree with you to a certain extent.

China's economy is not necessarily decoupled though. As you rightly pointed out, a lot of buffoons are heavily invested. Both Temasek and Blackrock.

 

[nightsafari]

The impact on US, China stock market was not huge last night. FX market also not crazy.
This black swan is not black enough?

not yet. akan datang. markets sometimes are slow to respond.

 

[nightsafari]

Anyway, Temasek is supported by government, their subsidiaries get state-assets cheaply, grants, licenses, and financing cheaply. In many ways, Temasek operates recklessly like SIA, when times are good they reward themselves, when times are bad, they just average down.

Then GIC is quite different, their capital appears to be from our coffers directly.

Am i right that both's got different means of funding? Anyone can explain the difference between GIC and Temasek better to us? Thanks!

not 100% definitive info : Temasek is the public face of Singapore sovereign funds and more focused on returns. GIC is discretionary and more political in nature. i.e. may invest in lesser returns in exchange for less oversight.

Both are publicly funded. How exactly the paper trail is I dunno.

 

[Chase]

not yet. akan datang. markets sometimes are slow to respond.

I truly surprised that market is so calm this time. Tot market is efficient and prices in everything hahaha

 

[nightsafari]

I truly surprised that market is so calm this time. Tot market is efficient and prices in everything hahaha

No. Markets are not 100% efficient despite what people like to say. In general markets usually tend to be efficient. And it is the normal case.

But mass psychosis and irrational behaviour abound. The markets in the last 10 years has followed general efficiency but are led by what I call virtue-signalling leaders. Entities that can subscribe to pop culture have established beyond normal gains. This was not the case pre-millenials. Before then, value investing was a bedrock rule.

 

[Chase]

Singapore didn't save Hyflux, rather go lose money to Evergrande.

I also got a feeling that China will save Evergrande.

 

[Chase]

No. Markets are not 100% efficient despite what people like to say. In general markets usually tend to be efficient. And it is the normal case.

But mass psychosis and irrational behaviour abound. The markets in the last 10 years has followed general efficiency but are led by what I call virtue-signalling leaders. Entities that can subscribe to pop culture have established beyond normal gains. This was not the case pre-millenials. Before then, value investing was a bedrock rule.

Singapore didn't save Hyflux, rather go lose money to Evergrande.

Market didn't really crash this week, so I got a feeling that China will save Evergrande, assuming market prices in everything.