Friday, October 4, 2024

Rant: Forgotten

HSI rose 24.5% in past 2 weeks. 

China Aviation Oil (CAO) trades at 7x PE and benefits from China outbound travel. It rose only 7% in past 2 weeks! Why is this so? Because CAO is listed in SGX. 

TravelSky is listed in HK and it rose 33% in last 2 weeks. 

Singapore is a forgotten market. Especially for non-reit, non large cap stocks. 

No comments:

Notes on an interesting week

The US market is quite interesting or volatile this week, even though S&P 500 is relatively unchanged while QQQ dropped 2%. Basically, i...