Robeco's Thu Ha Chow sees Indonesia’s out-of-cycle interest rate hike this week as reflecting policymakers’ willingness to address investor concerns. Speaking on The China Show, Chow added that while Indonesia is at the beginning of a turnaround story, it’s not quite there yet. (Source: Bloomberg)
Robeco's Thu Ha Chow sees Indonesia’s out-of-cycle interest rate hike this week as reflecting policymakers’ willingness to address investor concerns. Speaking on The China Show, Chow added that while Indonesia is at the beginning of a turnaround story, it’s not quite there yet. (Source: Bloomberg)
A Thai court on Thursday sentenced two ethnic Chinese Uygur men to death for the 2015 bombing of Bangkok’s Erawan shrine. The worst attack on the city in recent history killed 20, including tourists from China, Malaysia and Singapore. The men, Bilal Mohammed, 41, and Yusufu Mieraili, 36, were arrested in a manhunt that followed the August 17, 2015 bombing which brought carnage to the heart of Bang...
A Thai court on Thursday sentenced two ethnic Chinese Uygur men to death for the 2015 bombing of Bangkok’s Erawan shrine. The worst attack on the city in recent history killed 20, including tourists from China, Malaysia and Singapore. The men, Bilal Mohammed, 41, and Yusufu Mieraili, 36, were arrested in a manhunt that followed the August 17, 2015 bombing which brought carnage to the heart of Bangkok at rush hour. “The defendants committed a single act that violated multiple laws. The court...
The Japan Meteorological Agency says El Niño has formed across the Pacific, raising the threat of droughts, floods, and extreme temperatures worldwide. The climate phenomenon is the first since 2023 and could be one of the strongest on record. Bloomberg weather reporter Mary Hui explains what we can expect over the next few months. (Source: Bloomberg)
The Japan Meteorological Agency says El Niño has formed across the Pacific, raising the threat of droughts, floods, and extreme temperatures worldwide. The climate phenomenon is the first since 2023 and could be one of the strongest on record. Bloomberg weather reporter Mary Hui explains what we can expect over the next few months. (Source: Bloomberg)
Yuriy Komarov/iStock Editorial via Getty Images Introduction In previous articles, I've explained why I'm not investing in the traditional software industry. But I do have a position in Microsoft ( MSFT ). Of course, this is part of my long term position, but I decided not to add any more until I have a better understanding of the sector outlook, margins, and returns on investment. If the stock ri...
Yuriy Komarov/iStock Editorial via Getty Images Introduction In previous articles, I've explained why I'm not investing in the traditional software industry. But I do have a position in Microsoft ( MSFT ). Of course, this is part of my long term position, but I decided not to add any more until I have a better understanding of the sector outlook, margins, and returns on investment. If the stock rises a lot, I will make money. And if it falls, I'll use a stop-loss to exit with a positive, modest return. I made that decision because my strategy is to focus on AI hardware infrastructure, at least within the technology sector. So, any money coming into my wallet, I want to put into AI hardware. I consider opportunity cost and conviction very important when investing. Let's use an example of a mistake I believe I recently made so you can understand my point. In my portfolio, besides Microsoft, I also own Micron Technology ( MU ). But the second one weighs me much less than the first, and look at the results of both in the last year. Data by YCharts I mention this so you can better understand the context behind my Hold rating on Microsoft. If I were an analyst without context, Microsoft should be a Strong Buy. But given my strategy and my investment style, continuing to add to MSFT just doesn't fit into my plans. So, for you to take this thesis into consideration, I'll briefly explain what I see in the software industry and where MSFT stands. Then, I'll analyze its business model, its key metrics, and the two major AI-driven catalysts: Copilot and Azure. Software reinvention: where does Microsoft stand? I believe AI disruption could compromise the margins of several SaaS companies. In the largest companies, I see a need to invest a lot of capital, not to expand the customer base, but simply to retain existing customers, at best by charging more for services. For their part, large language models can already create code from scratch and eliminate several costs of tradition...
Yuriy Komarov/iStock Editorial via Getty Images Introduction In previous articles, I've explained why I'm not investing in the traditional software industry. But I do have a position in Microsoft ( MSFT ). Of course, this is part of my long term position, but I decided not to add any more until I have a better understanding of the sector outlook, margins, and returns on investment. If the stock ri...
Yuriy Komarov/iStock Editorial via Getty Images Introduction In previous articles, I've explained why I'm not investing in the traditional software industry. But I do have a position in Microsoft ( MSFT ). Of course, this is part of my long term position, but I decided not to add any more until I have a better understanding of the sector outlook, margins, and returns on investment. If the stock rises a lot, I will make money. And if it falls, I'll use a stop-loss to exit with a positive, modest return. I made that decision because my strategy is to focus on AI hardware infrastructure, at least within the technology sector. So, any money coming into my wallet, I want to put into AI hardware. I consider opportunity cost and conviction very important when investing. Let's use an example of a mistake I believe I recently made so you can understand my point. In my portfolio, besides Microsoft, I also own Micron Technology ( MU ). But the second one weighs me much less than the first, and look at the results of both in the last year. Data by YCharts I mention this so you can better understand the context behind my Hold rating on Microsoft. If I were an analyst without context, Microsoft should be a Strong Buy. But given my strategy and my investment style, continuing to add to MSFT just doesn't fit into my plans. So, for you to take this thesis into consideration, I'll briefly explain what I see in the software industry and where MSFT stands. Then, I'll analyze its business model, its key metrics, and the two major AI-driven catalysts: Copilot and Azure. Software reinvention: where does Microsoft stand? I believe AI disruption could compromise the margins of several SaaS companies. In the largest companies, I see a need to invest a lot of capital, not to expand the customer base, but simply to retain existing customers, at best by charging more for services. For their part, large language models can already create code from scratch and eliminate several costs of tradition...
Rafmaster/iStock via Getty Images China's northeastern city of Changchun has unveiled a 2030 plan to revamp its auto industry and accelerate its EV transition, aiming to attract major manufacturers including BYD Company ( BYDDF ) and Xiaomi ( XIACF ). The city is home to state-owned automaker FAW Group, which has seen production and sales decline in recent years, raising pressure for reform at the...
Rafmaster/iStock via Getty Images China's northeastern city of Changchun has unveiled a 2030 plan to revamp its auto industry and accelerate its EV transition, aiming to attract major manufacturers including BYD Company ( BYDDF ) and Xiaomi ( XIACF ). The city is home to state-owned automaker FAW Group, which has seen production and sales decline in recent years, raising pressure for reform at the state-owned automaker. Changchun plans to use FAW's presence in the city to attract partners like Leapmotor ( ZJLMF ) and introduce new vehicle models. The city's strategy reflects broader efforts across China to modernize established industrial bases and capture growth in the fast-expanding EV sector. More on China FXI And MCHI: China Is A Perfect Example Of A Value Trap Xiaomi: The Market May Be Missing The EV Potential Of The Makers Of New Electric Supercars, BYD Shares Are Preferable To Ferrari's Asian equities mixed as Iran conflict escalates; Brent Crude hits $92, U.S. futures try to rebound BYD chairman Wang Chuanfu bets on global No. 1 auto spot in five years
China’s postal regulator has opened an investigation into J&T Express over failures in safety management, sending shares of the Hong Kong-listed courier down as much as 11 per cent on Thursday. The State Post Bureau said it had formally launched a case against J&T Express Co after multiple work process safety accidents occurred this year at enterprises using the J&T brand, business name and delive...
China’s postal regulator has opened an investigation into J&T Express over failures in safety management, sending shares of the Hong Kong-listed courier down as much as 11 per cent on Thursday. The State Post Bureau said it had formally launched a case against J&T Express Co after multiple work process safety accidents occurred this year at enterprises using the J&T brand, business name and delivery waybills. After trading as high as HK$8.87 earlier in the day, the stock slid to HK$7.85...