Droughts are the latest piece of news that will affect growth prospects and inflation. According a to Global Drought Observatory report, Europe is having its worst drought in 500 years. According to BBC: “Compared with the average of the previous five years, EU forecasts for harvest are down 16% for grain maize, 15% for soybeansContinue reading “Specific and General Droughts Worldwide – August 2022”
Tag Archives: china
Hong Kong Exchanges and Clearing Analysis – January 2022
Hong Kong Exchanges and Clearing Limited (Symbol: 0388.HK) is a publicly listed stockmarket and derivatives clearing house operator. In the past 6 months, the Chinese government have made clarifications related to overseas stock listings and mainland derivatives trading. It said Hong Kong would not be subject to new data security rules for companies with moreContinue reading “Hong Kong Exchanges and Clearing Analysis – January 2022”
Melco Resorts Analysis – January 2022
Melco Resorts & Entertainment Limited (Symbol:MLCO) is a casino operator with a large majority of their revenue coming from Macau, a special administrative region in China. News from last week coming out of the Macau government clarified news around their gaming license (which is due to expire June 2022), though much remains unclear. According toContinue reading “Melco Resorts Analysis – January 2022”
A Slowdown in China? – November 2021
China’s economy is headed for a slowdown. Power shortages, crackdowns on property speculation and a zero-tolerance covid-19 strategy is leading some to believe that the rebound from the virus-induced recession and lockdown is losing steam. The latest data show that China grew 4.9% in the July-September quarter from a year earlier, down from 8% inContinue reading “A Slowdown in China? – November 2021”