CKH HOLDINGS

Looks like money is rotating back to AI and specifically stocks that benefit from the buildout after they retreated in a healthy pullback.

AI investments are still bullish across the board. Investors all want a pie of it. FOMO and leverage will push AI related stocks higher. But isit bubble?

☕️ Nividia trimmed its OpenAI’s massive bet to ease risk concerns, while unveiling a $21B SpaceX stake — two giants rubbing each other’s backs, balancing AI risk with cosmic ambition. 🚀

Today launched 2 major 🚀🚀 Falcon 9 simultaneously, at only 38.5 minutes apart. By EM at X. Hope this is another good week!

Singapore's non-oil domestic export value rose 24.2% year-on-year in July, continuing the 20.8% increase from June, driven by a surge of 112% in electronics shipments due to strong demand for hard disk drives, personal computers, and chips.

If the Middle East situation stabilizes and oil prices fall, increasing exports of petroleum processed products, the economic situation will improve further.

We remain bullish on Singapore's stable growth prospects.

The quarterly earnings season has been in full swing over the past week. Despite similar performance, it's a world apart from July.

This week, the focus is on Thursday's FOMC meeting. We've noticed the 10-year US Treasury yield oscillating at high levels and could break out upward at any moment.

This is a risk factor.

Tensions in the Strait of Hormuz continue to escalate, with shipping traffic at a three-month low and conflicting signals from both sides regarding an end to the conflict; oil prices still fell 2.1% to $87.07.

Gold saw slight gains, while the US dollar remained weak.

The situation is not optimistic; hold some cash and keep safe-haven precious metals on hand for emergencies.

The inflation numbers are out and both CPI and PPI are looking favourable. The markets like them and are trending higher as a result.

The overall market is taking the inflation numbers in its stride and liking it. Price action leans bullish and the number of bears still being around and vocal gives it an even more bullish nuance.

With CPI and PPI out of the way, it is back to earnings for the remaining companies. Interesting to see if there will be a pullback from all time highs or we go higher from here.

I still like Yangzijiang Shipbuilding (SGX: BS6) fundamentally, but at today’s ~S$4.66 I would not chase it with a large purchase. The price has moved very quickly after the excellent 1H26 results. As of 10:51am today, it was around S$4.66, already close to its recent high.

$CKH HOLDINGS(00001.HK) Bloomberg cited sources reporting that Chinese shipping companies are in talks to join a consortium seeking to acquire CK Hutchison's (0001) port assets. This move aims to alleviate Beijing's concerns about this controversial deal.

The report cited sources stating that China COSCO Shipping Corporation $COSCO SHIP HOLD(01919.HK) and several other companies are in discussions with a consortium led by Terminal Investment Ltd. regarding the potential stake held by Chinese investors. The consortium also includes U.S. company BlackRock and its subsidiary Global Infrastructure Partners.

$CKH HOLDINGS(00001.HK) CK Hutchison sells ports｜Bloomberg: Mainland China requests state-owned enterprises to suspend new cooperation projects with CK Hutchison.

Informed sources stated that senior Chinese officials last week requested state-owned enterprises to suspend initiating new project collaborations with Li Ka-shing-related companies, including intended and under-review projects of various types. The sources also mentioned that ongoing cooperative projects are not affected by this request. Additionally, the sources revealed that China is currently conducting research and review of all existing and proposed investments related to the Li family's enterprises both domestically and internationally to better understand their commercial dealings.

$CKH HOLDINGS(00001.HK) why did it suddenly surge?

Found the reason:

CK Hutchison is said to proceed with Panama ports deal despite China ire - Bloomberg News

$CKH HOLDINGS(00001.HK) Comparison of CK Hutchison Holdings' performance in 2023 and 2024: The chairman's report significantly reduced the text coverage of port retail and infrastructure businesses compared to 2023, and there was no mention of the Panama Canal terminal transaction. Additionally, CK Asset Holdings canceled the press conference and analyst meeting, clearly reducing voluntary disclosure risks.$CK ASSET(01113.HK)

Moreover, the performance report didn't mention it, and even the outlook was so short. Does this mean they don't even dare to think too far ahead???

Hong Kong's richest man Li Ka-shing sells Panama ports, unrelated to politics? Yeah right, I don't buy it!

After taking office, US President Trump accused China of gaining control of the Panama Canal and vowed to reclaim it.

$CKH HOLDINGS(00001.HK) announced last night plans to sell 80% stake in Hutchison Ports at a sky-high price, including 90% stake in Panama ports, expected to cash out HKD 148.2 billion.

So the company says: the deal is purely commercial, unrelated to recent political news about Panama ports. Do you believe it????