Fattycat

Hang Seng Tech will take time to recover from the recent sell-off. I see both U.S. and China relations are set to boost bilateral trade. With Beijing approval for Alibaba and ByteDance to purchase Nvidia’s RTX Pro 5500, more deals should follow. It is a good move.

Furthermore, a reciprocal USD 30 billion tariff cut plus an AI dialogue starting in November show the world that both sides are acting to reduce tensions. This is good news for smaller nations such as Singapore. Don’t you agree? Coming Christmas, it could be a good deal for American as they can buy cheaper toys for their children ☺️.

$BTC/USD(BTCUSD.HAS)

🏆 [Weekly] Bitcoin updates: BTC Gearing Up for Its Next Big Move?

Bitcoin hit a local peak near $87,300 and consolidates around $84,600 now. Short-term profit taking has slowed the rally but the bigger picture stays bullish.

📊 Technicals Snapshots

• Daily Chart: RSI cooled to ~65 , healthy, uptrend still intact

• 4-Hour Chart: Tight flag forming. Support $83,500–$84,000, resistance $85,000–$85,600

🔗 On-Chain & Fundamentals

• Supply Squeeze: $3 billion worth (31,800 BTC) left exchanges last week. Less available to sell means upward pressure

• Whales Buying: Large holders with 100–1,000 BTC keep accumulating

• Record ETF Inflows: U.S. spot Bitcoin ETFs took in over $2.4 billion. It is the strongest week since Oct 2025.

Ethereum and Solana ETFs also saw big money, showing broad institutional trust.

⏰ KEY MARCO WATCH

Keep an eye on U.S. NFP and unemployment figures coming out. Strong jobs data could shift Fed rate expectations and impact crypto momentum.

💡 What’s Next?

Institutions are soaking up supply. A clear break above $85,600 could open the way to $90,000 and higher.

What is your BTC target this week? Let’s discuss.👇

Not financial and investment advice. Always Do your due diligence ☺️.

🏆 [Weekly] Is Gold’s Rally Done or Just Paused? Here’s What Charts & Fed Tell Us 👇

🔷Technical Snapshot

Gold has pulled back sharply from summer highs near $4,700 and trades around $4,285.

On the daily chart, price has fallen below the 20 SMA at $4,351 and is testing support at the lower Bollinger Band. Daily RSI is 46.61 a cooling momentum.

The 1-hour chart shows a small recovery. A short term relief bounce. Gold bounced from $4,240 and is pushing toward the 1-hour 20 SMA.

RSI rose to 54. This bounce lines up with a slight pullback in the US Dollar.

🔷 The Big Headwind - The Fed

Why the broader drop? It comes down to the Federal Reserve. After the September 16 rate hike to 3.75%–4.00%, markets see rising risk of another hike in October.

Higher rates make zero-yield gold less attractive to hold.

🔷 Strong Support Remains

Even with ETF outflows, the bull case has not disappeared. Central banks keep buying gold at record speed to diversify reserves. That creates a solid floor under prices.

🔷 What Comes Next

All focus is on upcoming US data , CPI and jobs numbers.

🔥 Hot data = Higher chance of Oct hike → Stronger USD → More pressure on gold

❄️ Cool data = Fewer rate bets → Weaker USD → Gold may retest $4,350 or 4000 resistance

Are you buying the dip or waiting for clearer Fed signals? Share your thoughts below! 👇

Not financial or investment advice. Do your own due diligence 😊.

$Gold.com(GOLD.US)

🚀 Redefining Daily Life. Can JD.com Turn Innovation Into Profit?

JD.com has recently been rolling out big new moves. Will they actually pay off financially ?

The company is moving beyond regular e-commerce to change how we shop, eat and run our homes.

Here are three exciting new ideas from JD.com: ➡️ Redefining Modern Living Services

🤖 Smart Cooking & Nutrition - CHEFRESH

AI plans meals based on customer health and tastes. Fresh ingredients get delivered and ready to go. Then smart hardware does the cooking and seasoning automatically and it all happens at customer’s kitchen.

🏠 Immersive Home Shopping — 101HOME Shanghai

A huge 4-floor, 12,000 sqm space with over 1,000 brands and 33 fully furnished show homes. JoyAI tech helps to pick and customise customers orders. Everything gets delivered and installed based on their preferences.

🧹 Reliable Home Cleaning

JD’s own cleaning service within 3 km. Every cleaner passes 100+ skill checks. They use standard cleaning kits. Prices are clear on the app and triple insurance covers you and your home.

JD is now connecting digital smarts with real-world stores and supply chains to lift everyday living. 💡

But the big question remains: Can all these moves translate into real financial results?

For easy reading, please refer to the infographic.

This is for information only. Not financial and investment advice. Please do your own due diligence ☺️.

Source: JDcorporateblog.com

$JD-SW(09618.HK)$JD.com(JD.US)

Trump has just rejected Iran’s 7-day ceasefire proposal which offered to reopen the Strait of Hormuz and resume nuclear talks in exchange for lifting the U.S. port blockade.

Trump reportedly expects to launch a renewed U.S. bombing campaign after the November midterms, extending the 209-day conflict.

Source- Wall Street Journal

🏢 MLT - Discounted Price, But Is It a Trap?🤔

Mapletree Logistics Trust is trading near its 52-week low. The bigger story is the gap between its valuation, income and fundamentals.

At S$1.10, MLT trades at roughly 0.80 times book value. That is well below its own five-year median of 0.98 times and suggests a meaningful discount to its net asset value (NTA).

If we compared its current P/B to the broader Singapore REIT market, the picture is less clear. MLT’s 0.80 times P/B is above the sector median of 0.69 times. Its distribution yield of 6.61 percent is nearly identical to the peer median of 6.58% ( Capland Ascendas REITs)

The main concern is distribution growth.

Full year 2026 DPU fell 9.8 percent to 7.262 cents from the prior year. Quarterly DPU has since steadied around 1.80 to 1.81 cents but it is still uncertain whether this level will hold.

Gearing is also a consideration. Gross borrowings stand at about 40.6 percent of total assets.

The P/E ratio tells another story entirely. At 22.1 times, it is above its five-year median of 17.9 times ( For reference and may not be feasible for all Reits performance measurement).

This shows the reason as to why P/B and yield metrics can send different signals when valuing REITs.

See the infographic for full valuation details, peer comparisons, financials and key risks.

Not financial or investment advice. Please do your own due diligence ☺️. Happy weekend. Cheers.

$Mapletree Log Tr(M44U.SG)

S-REITs have been falling like nobody business and they are starting to look really attractive. 😍

I feel the fear everywhere. If you guy got time take a look at CFA REITs and CLR 🤭. Have been dropping sharply too.

Hang Seng Tech is following the same path. The market temperature is 29 degree now 🤭. Not warm not hot 🤣.

I think this shift began when the BOJ and Fed raised their rates. Institutional funds are repositioning their investments fund. Money is likely flowing into high yield treasuries that are risk free compared to REITs. I expect more volatility ahead. Trade with care. Remember today is Friday. Don’t over trade 😁.

$CapLand Ascendas REIT(A17U.SG)

Ascendas Hits 52-Week Low - And I am Holding Tight!😁 NEVER GIVE UP 😆

Ascendas has touched its 52-week low at S$2.260 😮

My position is down -8.16% now from my average price of S$2.461. Honestly, I am not in fear.

No paper hands here 🙅‍♂️ I am staying fully convinced and actually looking to buy more if it keeps dipping! ( waiting for payday 😆).

Strong fundamentals, solid yield ~6.6%, and a long-term horizon - that’s what matters.

Short-term noise doesn’t change the real value. 💡

Staying the course. Who’s with me? 🤣

Fear don’t buy. Buy don’t scare 😂

$XIAOMI-W(01810.HK)

💡 Xiaomi - Deep Value, Long-Term Conviction

📖 My Context

I have been watching Xiaomi since last year. After doing my due diligence on its finances, I am confident that this is a solid company with strong fundamentals.

As of latest annual AFS FY23 -25 , Xiaomi has delivered three straight years of positive operating and free cash flow, plus annual ROE consistently above 10%.

From its peak of HKD 61.45 on 27 June 2025, the share price has dropped 58%, closing today at HKD 26.58.

📈 My Trade

I started my accumulation early March this year and now my average cost is at HKD 31.023. I believe the current price is deeply undervalued. Right now it trades at HKD 26.58, down 14.32%. I am not worried because I know that this is just short-term noise. My focus is firmly on Xiaomi’s long-term growth.

💡 My Takeaway

Buying something just because it looks cheap really tests your patience. Strong fundamentals carry you over time but timing matters too. I am not listening to anyone saying the Hong Kong market is uninvestable. I trust my own research.

Let’s go Xiaomi 🚀

The 4 hourly chart shows a clear Head and Shoulders top.

Left shoulder near 4,400–4,440, head spiked to 4,720, right shoulder lower at 4,480–4,520.

Neckline support sits at 4,200–4,240.

The chart shows falling RSI and price along lower Bollinger Band and has confirmed strong downward momentum.🫣. Maybe short term rebound coming . Gold is very tricky 🤭.🫣

🙏A Thank You - From Your Fellow Investor & Friend!😍😍

By now, I hope you all know who I am. I am just a regular retail investor and a full-time qualified accountant, sharing my journey alongside with all of you.

I want to say a big thank you for all the love and support over the weekend! 🥰

Honestly, I truly enjoyed every moment with everyone. Your questions were so unique, thoughtful and deep. I learned so much from you. Deeply appreciated. I hope my answers were helpful to you. If I did not get to reply as well as I should have, please accept my sincere apologies 🙏

Here is what I love to focus on and share :

🔹 Hang Seng Tech AI stocks

( for example : Alibaba, Tencent ,BYD , JD.com etc)- 3 to 5 times a week

🔹 Singapore blue-chip REITs

( Example: CICT, MLT, FCT, MPACT etc)

🔹 Gold and cryptocurrencies - every weekend or as and when any major news outbreaks.

Do stay tuned and keep supporting me☺️. I will keep sharing what I learn along the way 💡

And a special thank you to Longbridge Singapore for making this interview happen! 🤝

$BABA-W(09988.HK)$Z.AI(02513.HK)$MINIMAX-W(00100.HK)

🚨 🚨 Chinese AI in the Red - Probe + Allegations Shake Confidence

Chinese AI and tech stocks are under pressure as fresh worries hit the market.

The Cyberspace Administration of China has opened a probe into domestic AI developers over data security.

This comes right after Anthropic from the U.S. accused several Chinese firms of illegally using its Claude model to train their own systems.

Investors fear tighter rules could slow AI progress and push up costs. On top of that, a global AI price war is squeezing margins for pure-play AI companies.

Today’s moves:

• Zhipu (Z.AI): Down 12.40% to HKD 650.00

• Alibaba (BABA): Down 4.23% to USD 111.39

• MiniMax: Down 3.98% to HKD 275.00

Alibaba’s e-commerce business stays strong. The current drop reflects broader market sentiment.

Zhipu and MiniMax are facing real challenges now. The current regulatory limits and intense competition may affect their growth path.

Is this the start of a deeper AI pullback or buying opportunities ? Share your thoughts below.

Not financial advice. Please do your own Due diligence.

Gold falling on the 30-min chart ahead of Trump–Xi summit. Is de-risking kicking in?

Good time to accumulate now? What is your thought ?

Alibaba will rally back. I believed in it .

Anyway, today i came across a piece of interesting from business times. MAS conducted a stress test on Singapore listed company about AI related investment.

The results finds nearly 32% of Singapore-listed companies face risk if AI-related investment drops sharply and revenue across the AI supply chain falls.

These firms make up about 16% of total corporate debt. The most exposed are highly leveraged businesses, capital-intensive companies, and those that depend heavily on working capital financing.

Scary 😔

$Frasers Cpt Tr(J69U.SG)$CapLand IntCom T(C38U.SG)

💡 S-REITs: Is This the End or Just Another Rate Cycle?

Blue-chip REITs, especially neighbourhood mall ones, have been under pressure even before the latest Fed hike. Is this the end of the story?

FCT and CICT show exactly how sentiment, interest rates and valuation can pull in different directions.

Both have seen unit prices weaken over recent months, with RSI below 40.

It clearly shows the technical weakness. But their underlying businesses have not simply deteriorated.

🟢 FCT - Fundamentals Still Solid

• Occupancy stays very high at 99.8%

• Rental reversions positive at 6.5%

• 1H FY26 DPU growth of 1.4%

• Price around S$2.10, below latest NAV of S$2.19

• Indicative annualised yield around 5.8%

🟢 CICT - Stronger Growth

• Revenue up 7.5%, NPI up 8.7%, DPU up 7.1%

• Gearing lower at 37.4%

• Price around S$2.24, slightly above NAV of S$2.15

• Indicative annualised yield around 5.4%

📊 The Real Challenge -Macro Environment

The Fed raised rates to 3.75%–4.00% and Singapore’s 10-year government bond yield remains around 2.4%. Higher bond yields can keep pressure on REIT valuations.

So is this the end of REITs or simply another valuation and rate cycle?

Refer to the infographic for the full valuation, fundamentals and technical picture of FCT and CICT