Tencent bounces back: What to know about China’s tech giant
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About Tencent (SGX: HTCD): A Global Leader in Digital Services Established
in 1998, Tencent has become one of the most recognised companies in China
and ...
7 hours ago
Uncle8888,
ReplyDeleteNot just F&B. To sound a bit callous --- at least majority of workers in restaurants & cafes etc are non-citizens.
More worrying are the large numbers of companies / industries that hire more Sinkies .... but are classified as non "critical" or non "strategic" in this semi-lockdown.
Triple whammy of demand destruction, supply disruption, and whether possible for the company to WFH or not.
Thousands of companies will be appealing to gahmen these few days to be classified as "critical". Good luck to them. E.g. construction of condos & shopping malls. LOL!
Gahmen will be rolling out even more welfare for companies over next 3-5 days, hopefully to prevent mass retrenchments ... or at least to "flatten the curve" of retrenchments & not have big bang like in US.
Halimah will be very busy listening to the council of presidential advisors. Hohoho!
Market will tank on Monday. Time to short!
ReplyDelete