$YUEXIU REIT(405.HK) is a REIT listed on the Hong Kong Stock Exchange with assets in the People’s Republic of China. They invest primarily in commercial and retail assets 8 properties located in the central business district of Guangzhou, Hangzhou, Shanghai, and Wuhan. In this post, we will look at its FY20 and 1H21 performance.

https://reitpulse.com/yuexiu-reit-fy20-and...

https://www.businesstimes.com.sg/real-esta...

With the distressed Evergrande and CDL big mistake into Sincere....coupled with the competition rules inm China, it is wise that Blackstone retract its interest..

[BEIJING] A US private equity firm has abandoned a planned US$3 billion purchase of Chinese property developer Soho China, with antitrust authorities yet to approve the deal.

Blackstone had hoped to expand its presence in the country through acquisition of Soho China, which holds prime real estate in cities like Beijing.

But its offer had been conditional upon clearance from China's competition authorities, and the parties concluded that the pre-conditions would not be satisfied within a designated time frame, according to a filing to the Hong Kong exchange dated Friday.

https://www.channelnewsasia.com/singapore/... 12 Sep 2021 01:04AM

.....As of Saturday, 708 patients are warded in hospital. A total of 35 are cases of serious illness requiring oxygen supplementation. Seven are in critical condition in the intensive care unit.

Of those who are very ill, 33 are above 60 years old.....

.....MOH said 81 per cent of the population have completed their full vaccination regimen as of Friday......

look for a dream job haha....come

Portfolio Action (Singapore)
Injected fresh capital for more stake in $Mapletree Log Tr(M44U.SI) & $Frasers L&C Tr(BUOU.SI)
Divested $NetLink NBN Tr(CJLU.SI) to recycle into $Frasers Cpt Tr(J69U.SI) & $CapLand IntCom T(C38U.SI)

Portfolio Action (USA)
Divested $TSLA and recycled into $TCEHY & $BABA
Followed @ThumbTackInvestor into $SPRT for a sweet 58.93% profit in a week.

Honestly, I don't know what to feel about this quarter. I wasn't happy even though i made some money and my portfolio grew. I felt like I've been served some lessons the hard way. In summary..

1) Money is made in the holding.
I divested $SE at the start of Q2 to lock in a 21.53% gain because I felt like a correction is coming only to watch it shoot to its current price, I had my entry price at 217 back then.

2) Greed is a double edged sword.
I didn't sell $SPRT at the best time. At peak, i was sitting on 334.6% profit yet greed got the better of me. I wanted more profit and I thought sky was the limit. I set my TP further and further away.. 30, 50, 70 ..

I am not going to go deep into writing about my thought processes and how i messed up. You could have roughly guessed. Simply clown moves. But I have actually done my own reflection about the incidents. I would have done things differently if I can rewind time. I can't. So I am parking this here for your entertainment and to remind myself to avoid the same mistake in the time to come.

Cheers,
Jorism

Bad news, what is Genting's next level?