Webb-site.com recently wrote about the vote yesterday to take Hopewell Holdings (SEHK: 00054) private at a roughly 40% discount to book value. This is still a premium to its earlier trading price of more than 60% below book value, so investors in 00057.HK still made money, though not as much as if the whole book […]
This tweet by @nategeraci, @cerulli_assoc and @daniilatcerulli was one of those I found good enough to share and save here for future reference. It ranks what non-ETF users are currently looking for and waiting for before using ETFs. The first and third ones are the most obvious: about half of non-ETF users surveyed said they […]
Anand and I are long time fans and students of Warren Buffett. The recent news that the legendary investor’s firm Berkshire Hathaway lost $2.7 billion last month on their stake in Kraft-Heinz did not reduce my respect and admiration of his wisdom by even one bit, but of course drove me to ask how I […]
Today’s infographic comes from Bloomberg, whose article on the soon-to-be open bridge from Hong Kong to Macau and direct high-speed train to Guangzhou included a bubble map of the relative GDPs of the “Greater Bay Area”. At the turn of the century, I lived in San Francisco where I often heard the term “Bay Area” […]
Interview with Jose Allan Tan of Enterprise Innovation on Fintech, AI, and Robo-Advisors
Tune in Saturday, Feb 17th at 8:30am to RTHK Money Talk Xtra, where Peter Lewis and I explain convertible bonds and how every day investors can understand and decide whether to invest in them.
Today we completed another successful webinar with SGX and Interactive Brokers explaining how everyday investors can use currency futures contracts to access and hedge FX risk at institutional prices in the US$5 trillion/day currency market. Feel free to contact me for a copy of the spreadsheet, or information on how to sign up for our […]
My interview in Ming Pao this week on Trump’s first year: https://news.mingpao.com/pns/dailynews/web_tc/article/20180120/s00014/1516384899314 [jumplead_form id=”5a65abe97e060104232bb123″]
Last month, the Hang Seng index made the historic move of replacing Cathay Pacific with a mainland Chinese company, as part of the longer-term trend of Greater China integration in the index. At that time, I pointed out that Singapore Airlines’s position in the Straits Times index was far more secure, but today we see […]
Three weeks ago on November 10th, Hang Seng indexes announced that Cathay Pacific airways (HKEX: 00293) would be dropped from the blue chip Hang Seng Index as of December 4th. (Sources: SCMP, Bloomberg) The Hang Seng index has changed dramatically over the past two decades, from being a Hong Kong specific benchmark of 30 of […]