To The Moon

It's about time China has self efficiency On memory technologies and manufacturing capacity. 👍🏼

Chain effects on contracted sectors will cascade in later quarters. Just matter of time finance and insurance sector will get hit as one-off fees growth slows or stops. Q3/Q4 will be interesting as consequential effects start showing up. 😬

Get prep for the unexpected. Should trigger a market shock should it happens. 🤞🏼😝

US & JP treasuries yield up. Trump's visit ended. Putin's visit upcoming. May will be an interesting month...as it unfolds. 😆

China has choices of Boeing, Airbus and its own Comac. Comac can be use for domestic with its C919 as production ramps up to meet demands, and C929 when ready. Boeing and Airbus will be for international until C9x9 are able to get international certification or specific country's acceptance. No rush with procurement, just a small deal to test water and integrity after all US has backstabbed multiple times in the past. 🤣🤣🤣

$OCBC Bank(O39.SI)$  should perform between DBS and UOB where its non-interest income may not perform as well as DBS but should be sizeable than UOB, and will beat UOB on NPL yet may not be as good as DBS 1%. An additional element which OCBC has is the contributions from $Great Eastern(G07.SI)$  that may be the surprising attribute. [Happy]  

As CDC voucher is based on household, its ability to offset costs is highly subjective with dependence on household size, lifestyle and household income level. IMHO, CDC voucher will achieve its intended objective for low income households (eg household income of $2500 and below) with small household size (eg family of 3-4). CDC voucher is never intended for mid to higher income households for full offset, merely to aid in offset of essentials. Every household or citizen is accountable for their own expection. 😁

With the rate cycle on its downward trend until 2027, couple with global trades and supply chains uncertainties, 2026 will mark the end of bull cycle for banks with progressive revaluations and/or corrections towards realistic fundamentals. $OCBC Bank(O39.SI)$  may have additional uncertainty given its insurance income component which has been evident in its Y25Q4 result. As an investor, it is time to assess trims and capital recycling if not already embarked on this journey. 😁 

$OCBC Bank(O39.SI)$  is due for correction as its current price is overvalued. DBS Q4 net profit dip 5.6% and stock price correction for following days after report out. UOB Q4 net profit dip 7.4% and same day correction peaked at 4.64% ($37.00). OCBC should follow suit and perhaps Q4 net profit dip may be between 6.2%-6.8%. 😁 Time for those who trimmed during OCBC Jan-Feb peak price $27.7x to redeploy again. 😂

$PETROCHINA(00857)$  has been part of strategic ventures into China, as well as Energy sector. In the short timeframe, it has displayed decent performance and hopefully 🤞🏼 crosses HK$10 mark in near future.