Saturday, December 25, 2021

Wisdom of the Crowd - New Issues

1. If China launch e-CNY for international payment, will it be accepted?
2. Is self driving taxis likely to be successful in the near future?
3. Do you prefer a self driving taxi or one that is driven by a human?

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WOTC - China is more democratic than America

 Wisdom of the Crowd: 68% of the respondents said that China is more democratic than America.

Friday, December 24, 2021

WOTC - Best measure of democracy

 Wisdom of the Crowd: 93% of the respondents said that the best test of democracy is whether the government improves the lives of the ordinary people.

Thursday, December 23, 2021

China Mobile (0941.HK)

 Here is my analysis of China Mobile (0941.HK)

Wisdom of the Crowd - New Issues

1. Raeesah Khan said that Pritam Singh told her to take the lie "to the grave"
2. Will omicron variant caused many hospitalization and death
3. How will the 2022 Winter Olympics be viewed by the world audience?
4. Loh Kean Yew won the World Badminton Championship.

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China Galaxy Securities (6881.HK)

 I increased by holding in China Galaxy Securities (6881.HK). Here are my reasons.

Wednesday, December 22, 2021

WOTC - Online platform vouchers

 Wisdom of the Crowd: 63% of the respondents found the vouchers provided by online platforms to be confusing, difficult to use and not valuable.

Tuesday, December 21, 2021

WOTC - Super apps

 Wisdom of the Crowd: 75% of the respondents said that they prefer simple apps, instead of super apps.

Cut in interest rate will boost China stocks

 China cut its benchmark interest rate for the first time since April 2020. It did not help the stock market. The cut was expected and rather small. Article

I believe that the sentiment towards China stock will change in the days ahead and China stocks will be stronger.

Here are my reasons:

Sunday, December 19, 2021

WOTC - Summit for democracy

 Wisdom of the Crowd: 83% of the respondents said that America is not qualified to hold the Summit for Democracy as their democratic system has many failings.

Discussion between President Xi and President Putin - relating to financial transaction

 I expect that the digital yuan (e-CNY) will be used for international transactions and as a reserve currency soon.

This will be an alternative to the USD/SWIFT.

In the recent meeting between President Xi Jinping of China and President Putin of Russia, this was one important topic.

Here is an opinion from an observer printed in the Asia Times.

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