admin@fmmfo.com
English
Chinese
English
English
Chinese
English
Weekly Market Updates - August 15th
封面


三角

Weekly Market Updates


US markets continue to pullback slightly from its previous winning streak, but it was mainly the Asian markets which were in the spotlight last week as investors were mainly standing by for the FOMC minutes this week. What stood out late last week was China real estate market which took center stage once again.


Country Garden (2007 HK Equity) defaulted on two dollar bond coupons due on 6 August 2023, triggering another wave of fear regarding Chinese property developers collapse. This instantly reversed the recovery pace of Asian stocks.


8


However, despite the Asian markets weakness led by Country Garden, this was not China’s first rodeo in dealing with developers’ defaulting. All eyes will be on whether the owner of Country Garden is willing to dip into her personal net worth to fulfil these corporate payments much like the action of Mr. Hui  Ka Yan, founder of defaulted developer China Evergrande Group.



Investors were also hopeful that such drastic Chinese market backdrop will coerce the Chinese authorities to step in and provide additional policy support to help bolster growth for 2023 and beyond.


标准普尔500指数-3年走势
香港恒生指数-3年走势
海峡时报指数-3年走势

Main Index & P/E Ratio-3 years


The demand for the safe-haven greenback was seemingly on the rise as markets weakened. The Japanese Yen breaches the 145 mark against the US dollar, which will likely provoke a reaction from the Bank of Japan. Any further weakening of the Yen will likely spell inflationary trouble for Japan moving forward.



三角

Investment views


E



免责和版权声明(可下滑查看)

1. 本文所包含的任何信息均不构成购买或出售任何产品或金融产品、进行任何投资或参与任何特定交易策略的要约(或招揽)。

2. 我们未考虑您的个人投资目的、具体投资目标、具体需求或财务状况,也没有做出任何陈述,也不对本文所提供信息的准确性或完整性承担任何责任。

3. 任何意见表达(或未经通知而更改)都是作者的个人行为,且作者无法保证任何信息和/或分析的准确性和/或完整性。

4. 我们,包括作者,不就按照理解的建议、预测和任何其它信息进行投资造成的任何损失承担责任。本文的内容不应被理解为您根据本文所含信息可获利或者您不会遭受损失的陈述或保证(无论明示还是暗示)。

5. 在您做出任何投资决策前,应仔细考虑自身风险偏好,并在必要时寻求独立的理财建议。

6. 除非另有明文规定,作者的作品归我们拥有,未经我方事先书面同意,不得抄袭、复制、传播、显示、分发、转载、更改和保存供以后使用或以其他方式全部或部分使用。

DISCLAIMER AND COPYRIGHT

1. None of the information contained herein constitutes an offer (or solicitation of an offer) to buy or sell any product or financial instrument, to make any investment, or to participate in any particular trading strategy. 

2. We did not take into account your personal investment objectives, specific investment goals, specific needs or financial situation and make no representation and assume no liability to the accuracy or completeness of the information provided herein. 

3. Any expression of opinion (which may be subject to change without notice) is personal to the writer (the “Writer”) and the Writer makes no guarantee of any sort regarding the accuracy and/or completeness of any information and/or analysis.

4. We, including the Writer, shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained herein. The contents herein should not be construed as an express or implied promise, guarantee or implication by us that you will profit or that losses in connection herein can or will be limited, from reliance on any information set out herein. 

5. You should carefully consider your risk appetite when making any investment decision, and to seek independent financial advice if necessary. 

6. The works of authorship contained herein are owned, excepted as otherwise expressly stated, by us, and may not be copied, reproduced, transmitted, displayed, distributed, sublicensed, altered, stored for subsequent use or otherwise used in whole or in part in any manner without our prior written consent. 



底图
CONTACT US
Enterprise WeChat QR code