Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: China-focused Reits outperformed peers on SGX; Reading into China’s lower-than-expected GDP target vs incoming PMI data; US February jobs report; Asset allocation strategy in the near term; Impact of current economic environment on tech giants such as Grab and Meta

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Singapore shares fell today following mixed activity in US and Europe markets.  

The Straits Times Index fell 0.1 per cent to 3,236.61 points in early trade after 157 million securities changed hands. 

Some companies seeing new developments include Yangzijiang Financial Holdings, which is partnering with Singapore-based fund manager Tahan Capital Management to invest in private credit assets in Asia. 

Meanwhile, several China-focused Reits have outperformed their peers listed on the Singapore Exchange over the last six months amid China’s recovery, but what does this suggest about the speed of China’s recovery from the pandemic?

On Market View, the Drive Time team unpacked these developments with  James Cheo, Chief Investment Officer, Southeast Asia at HSBC Global Private Banking and Wealth.

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Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

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