Henderson Far East Income Share Discussion Threads

[superiorshares] 29/8/2023 18:06

Any of you Asia people with the knowledge
Noticed that Country Garden has asked for more time to enable them to make their interest payments?

[investingdad] 29/8/2023 08:41

A nice 2 percent bounce from the Hang Seng and there is some recovery for China. As predicted, but the real test will be this time next week - whether or not the rally is still going. Hopefully it does change sentiment and not just an opportunity for quick trades (morr likely). Either way, looks like a green day here.

[gateside] 29/8/2023 08:26

What a lot of doom mongers you are!The sun is shining, the markets are up, even HFEL is up.It's a good day :)

[skinny] 29/8/2023 08:23

"Imagine - Trump, Putin and Xi as well as Kim and Al Khamenei sticking their oars in. The future's bright :-)"


As long as its not orange!

[scruff1] 29/8/2023 08:04

The yanks and the rest of the west may have something to say about a blockade. That would be 'interesting'. It would put a pan lid on China's economy imo - though it wouldnt be on its own. If Xi thinks he has problems now - he aint seen nothing yet. Though of course that may not be his ideological motivational priority so owts possible. Imagine - Trump, Putin and Xi as well as Kim and Al Khamenei sticking their oars in. The future's bright :-)

[kiwi2007] 29/8/2023 00:33

A few relevant points:

Chinese growth is nowhere near the 5% they claimed. Actually -2% is more likely.

Some of the high dividend players in the portfolio will reduce their dividends this year.

January 1st is an important date. Taiwan's presidential elections, and hopefully a more conciliatory president is elected than the one in power at the moment.

The real threat for the area isn't China launching an invasion of Taiwan but rather a blockade which would have serious and far reaching consequences around the world. China is stockpiling oil etc. at the moment so who knows? The chances of it happening are certainly not zero.

[scruff1] 28/8/2023 17:02

Got one - Sumitomo a metal mining a refining co. Share price equivalent to about £20 (I think)

[investingdad] 28/8/2023 15:10

I would say none - I think. It's regional focus is Asia ex Japan. My Japenese smaller companies trusts haven't performed as such, current double digit discounts are attractive though. JFJ or SCJ still have some value when it comes to discount too. Could still be some recovery.

[mister md] 28/8/2023 13:52

Dow Fut + 160
S&P Fut + 18
Nas Fut + 86

-

Japan Nikkei is up 23% YTD. Not sure how much Japan focus HFEL has ?

[scruff1] 28/8/2023 13:43

I suppose it doesnt really change much overall - especially in the short to medium. Hopefully it may do but I wont be diving back in before I see some concrete development. Dont know how you others feel

[skinny] 28/8/2023 12:16

Well the FTSE futures are 30 off of the high earlier.

[scruff1] 28/8/2023 12:14

I was reading an article yesterday that the analysts expected a rally on the eastern markets but they reckoned not to get carried along as they expected it to only last for a couple of days. !!??

[investingdad] 28/8/2023 10:46

Short it to 130p then - without selling up. Prove it.And I'm afraid politics isn't only left or right, there are many stops along the spectrum, don't be a naive snowflake.

[investingdad] 27/8/2023 13:53

A few more interesting measures that have been rolled out:First time buyer mortgages for anyone without a mortgageDeposit reductions2 year Tax breaks for movers who don't downsize (in value).https://www.telegraph.co.uk/business/2023/08/25/chinese-homeowners-offered-first-time-buyer-mortgages-boost/

[scruff1] 27/8/2023 13:35

Cheers skinny

[scruff1] 27/8/2023 13:27

ID
Where did you glean that news on China - cant find it

[gateside] 27/8/2023 13:10

Superiorshares27 Aug '23 - 10:00 - 1576 of 1578 (Filtered)

Had him filtered for ages!

[investingdad] 27/8/2023 10:47

For those interested: China has just halved the stamp duty on stock trading to boost the markets.