How Singapore is Buying China's Largest Banks

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  • Опубликовано: 2 ноя 2024

Комментарии • 345

  • @BehindAsia
    @BehindAsia  Год назад +22

    Do you think Singapore will continue to invest in China's banking system? Let us know down below!

    • @pulkitkatara4564
      @pulkitkatara4564 10 месяцев назад +3

      I think if Singapore invest in saic motors or mg motors of china it will be profitable and they can invest in its tech business also

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад +2

      free money for China

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад +13

      @@pulkitkatara4564 - can China be trusted? Singapore lost billions of dollars in China education and technology stock (China change the rules = Singapore gives free money to China)

    • @ianlim1000
      @ianlim1000 10 месяцев назад +2

      With the cost of local singaporean taxpayer's money.

    • @marvelcomiks8078
      @marvelcomiks8078 10 месяцев назад +5

      Singapore is the Vanguard and Blackrock of Asia.

  • @temmyolarewaju9371
    @temmyolarewaju9371 16 дней назад +137

    I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

    • @zubairadamu2477
      @zubairadamu2477 16 дней назад

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      @IbrahimIsabella-00 16 дней назад

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      @zubairadamu2477 16 дней назад

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      @IbrahimIsabella-00 16 дней назад

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      @zubairadamu2477 16 дней назад

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  • @paladinzzy
    @paladinzzy 10 месяцев назад +114

    Like mentioned in the video, a real big bank is not measured by 'billion', but by 'trillion'. Those banks acquired by DBS, OCBC, UOB are small banks in China. Any of the top 10 banks in China is bigger than the biggest bank in Singapore - DBS. And those banks owned by central government will never give up too much shareholding to overseas investors. These banks are those top banks measured by 'trillion', too big for Singapore to get a significant shareholding

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

    • @pixelart9121
      @pixelart9121 10 месяцев назад +16

      Yeap misleading video. These are potato banks.

    • @sktoh4469
      @sktoh4469 10 месяцев назад +4

      ​@@pixelart9121 Kachang Puteh banks?

    • @madsam0320
      @madsam0320 10 месяцев назад +6

      The four Chinese national state banks are world’s largest banks and those mentioned are really insignificant in comparison.
      Saying Singapore is buying China’s largest banks is an outright lie.

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      @@pixelart9121 - traps smart enough to trick Singapore to transfer their money to Bank of China for free ? that is why using the slogan China big banks cannot be bother by Singapore = pretend and act when the timing is right to take the money.

  • @zyankon8318
    @zyankon8318 10 месяцев назад +68

    The Chinese banks DBS, OCBC and UOB invested in are not that big. The Chinese banks that Temasek invested in such as ICBC and China Construction Bank are among the top 10 banks in China.

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

    • @gregli9031
      @gregli9031 10 месяцев назад +3

      Chinese banks are under considerable amount of stress now.

    • @noritakaakamatsu9713
      @noritakaakamatsu9713 10 месяцев назад

      @@gregli9031Let’s see how the deepening financial distress in China will impact on the health of the S banks.

  • @rainboworiental9521
    @rainboworiental9521 10 месяцев назад +12

    The real dominators of China's bank sector are always Big Four state-owned commercial banks. To clarify, they are the China Bank, China Commercial Bank, China Agriculture Bank, and China Construction Bank. Each of them manages trillions of US dollars in assets and deposits and operates in every town and county across the entire country.
    They have the same level of financial power and even can compete with HBSC, USB, and JP Morgan, and all were controlled by the State-owned assets commision

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      ruclips.net/video/WCrbfyuI9lI/видео.html

  • @davidnhc
    @davidnhc 10 месяцев назад +12

    Given its limited natural resources, Singapore strategically positions itself as a global trade hub. This reliance on international trade underscores the importance of staying interconnected with nations worldwide. To ensure its continued significance, Singapore actively seeks partnerships with countries willing to collaborate. Notably, China and the US are key focal points for Singapore, with interests spanning trade, technological advancements, and military cooperation. This strategic approach enables Singapore to navigate the complexities of the global landscape and sustain its economic and geopolitical relevance.

    • @NiffirgkcaJ
      @NiffirgkcaJ 10 месяцев назад +3

      This sounds like an AI generated comment. 😹

    • @mefisto05s.20
      @mefisto05s.20 10 месяцев назад

      That's a bit wrong. It will, because Singapore's elites are Chinese. So they will use taxpayer money to save china.

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

  • @AshleyEstherr
    @AshleyEstherr 10 месяцев назад +89

    Well money is meant to be put to work to produce more money. It’s a lucrative strategy. Who trades the financial market?

    • @WestAdamm
      @WestAdamm 10 месяцев назад

      Exactly you’re right. I trade the financial market. Which aspect of the financial market are you referring to?

    • @AshleyEstherr
      @AshleyEstherr 10 месяцев назад

      I was referring to the stock market but willing to try out other financial markets. I’ve made gains from Nvidia and solana has been on the rise. How do you trade?

    • @WestAdamm
      @WestAdamm 10 месяцев назад

      Nvidia was superb this year. I was profitable from it. I trade based on the season of the market. It gives me a direction on implementing the right strategies for long or short term. I also trade based on the volatility of the market. Although it wasn’t easy till I came across a mentor who helped to keep me in the market loop. My mentor is Bernard Paul.

    • @RichardWest-
      @RichardWest- 10 месяцев назад

      Paul is also my mentor.I’ve learnt invaluable insights from Paul, who generously shares his knowledge and experience to help beginners navigate the complexities of the market

    • @AndrewGrantt
      @AndrewGrantt 10 месяцев назад

      Ever since I met Paul, I’ve learnt how to manage risks effectively using his firm ensuring a balanced and successful trade.

  • @wyattearp88
    @wyattearp88 10 месяцев назад +6

    Always remember
    " High Return = High Risk "

  • @megamonengood
    @megamonengood 10 месяцев назад +20

    Singapore semakin maju dan maju ..... Negara Asean perlu mengikut cara mereka untuk menaikkan ekonomi supaya sama-sama maju

    • @xsoncheng5116
      @xsoncheng5116 10 месяцев назад +2

      singapore melabur dlm pekerja berskil tinggi, mereka mengimport pakar2 dari seluruh dunia, yg paling murah adalah dari malaysia , kerana malaysia tidak pentingkan professional tetapi bangsa.

    • @Namewee4896
      @Namewee4896 10 месяцев назад

      Singapore money laundering number 1 di SEA

    • @Dracsh
      @Dracsh 9 месяцев назад +1

      @@Namewee4896 we won't beat your Najib. He reigns supreme

    • @Namewee4896
      @Namewee4896 9 месяцев назад

      @@Dracsh Singapore money laundering hub for Najib that's no doubt

    • @jsj1091
      @jsj1091 6 месяцев назад

      Terjemahan bahasa melayu

  • @yyyz1032
    @yyyz1032 10 месяцев назад +5

    Banks in various countries, both banks hold shares and investments.

  • @bombkuan
    @bombkuan 10 месяцев назад +15

    The title is really misleading. Definitely going to report this kind of irresponsible content. "buying" not equal with "buying portion of". "Largest" have different meaning with "one of the largest". This video trying to create fake impression that Singapore have good control in China banking. Not sure what is their purpose, scam?

    • @leetan4203
      @leetan4203 10 месяцев назад +7

      Very true! Clickbait. Irresponsible reporting! How can Singapore buy China’s bank. I have just returned from Guangzhou, Shenzhen and Xiamen. Singapore is small fry compared to economies in these 3 cities!

    • @pehclark7256
      @pehclark7256 10 месяцев назад

      if you only knew@@leetan4203 BTW google SEA money.Enjoy.allegedlly it is pinoy company.

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

  • @jon_nomad
    @jon_nomad 10 месяцев назад +18

    Singapore knows where the future is going be.

    • @chikinhsieh1503
      @chikinhsieh1503 10 месяцев назад

      Be Asia heart in Asia!

    • @frankiechong9284
      @frankiechong9284 10 месяцев назад

      I think so...other wise how to hv chc lost so big in US bank during 08/09 financial crisis.

    • @ethimself5064
      @ethimself5064 10 месяцев назад

      I am guessing that you do not know the following: Legally the CCP owns everything in China. EVERYTHING

    • @cocaineminor4420
      @cocaineminor4420 10 месяцев назад +1

      Obviously we know
      Except for some sg who like to worship western countries 😂

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

  • @darkevilazn
    @darkevilazn 9 месяцев назад +2

    The most important part of this is can they trust the banks themselves? I think as of current years, its not going to be easy to trust if they will release accurate financial information (financial statements released by state-owned corporations aren't exactly the most truthful, compared to its peers in other countries). By this point in time, the majority of banks have huge amounts of underperforming loans, and its likely that the banks they have invested in have the same problem. (Luckily for them, there is no such thing as personal bankruptcy, so they would only have to worry about corporate defaults, not personal mortgage defaults).
    What's happening in the Chinese banking system right now is similar to what happened to Japanese banks in the 90's, and what happened to US banks in the late 2000's. We can't even be sure if the CCP will bail out the banks.
    Well, the higher profit, the higher the risk. The CCP could immediately change the rules, and Singapore to instantly loose all their money at any time (unlikely to happen if China wants continued foreign investment, but the idea that it could, and that it has happened before increases the risk factor).

  • @jimsonrangking4710
    @jimsonrangking4710 10 месяцев назад +1

    I don't think the land bridge is more economical for shipping business. The main huddle that I can see is the offload/onload processes. That will incur additional costs as well as time consuming.

  • @kevina2907
    @kevina2907 5 месяцев назад +1

    So many experts are giving advices and warning of investing in China now. Singapore banks and SFM already holding stakes in China Banks more than decades. These investment are for long term.

  • @thomasschlund
    @thomasschlund 10 месяцев назад +7

    Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.

    • @crystal..walker
      @crystal..walker 10 месяцев назад +1

      True though unfortunately mine always end up with losses 😭

    • @Coldwellbanker.drive3
      @Coldwellbanker.drive3 10 месяцев назад

      Mr Franklin Matthew is a sincere man who understands the challenges faced by beginners. I started trading Bitcoin under his guidance after seeing his interview with CNDH, he dose not request for any chargers to teach investors on how to trade and generate profit for themselves.

    • @allphic8445
      @allphic8445 10 месяцев назад

      True. I first came across investing in the market in 2019. Already stashed about $80k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.

    • @gadopilo
      @gadopilo 10 месяцев назад

      That's interesting, any way to connect with him? I have to get started.

    • @Coldwellbanker.drive3
      @Coldwellbanker.drive3 10 месяцев назад

      He's on te legram

  • @Anonymous------
    @Anonymous------ 10 месяцев назад +2

    China owns a lot of US Treasury's bonds but that doesn't mean China owns the US Treasury or USA.

  • @ChipChat1493
    @ChipChat1493 10 месяцев назад +1

    A very smart move! Singtel making tons of money from it's investment in Optus Australia?

  • @mrfoo5827
    @mrfoo5827 10 месяцев назад +2

    BEST INVESTMENT..GUARANTEE GOOD RETURN

  • @hc1897
    @hc1897 10 месяцев назад

    If you like the investee, acquiring stocks and shares is called investing in a country. When you don’t like the investee, it’s called buying the country.

  • @vulcanken1273
    @vulcanken1273 6 месяцев назад +1

    Now with china’s dwindling economy Sg is suffering huge loses sinking with the lost suffered in numerous investment.

  • @ethanzhang5158
    @ethanzhang5158 10 месяцев назад +1

    7:38 you shouldn’t really use the graphic here. It resembles the Japanese militarism flag.

  • @amirrezza-b5v
    @amirrezza-b5v 10 месяцев назад +15

    China has a population of 1 billion and the companies acquired by DBS and UOB each have less than 1 million customers? Lmao, they sound like extremely trivial acquisitions.
    Also, you didnt mention that ICBC is THE biggest bank in the world. Your analysis is shortsighted because you didnt mention which singaporean companies ICBC invest in. This is a two way street yknow.

    • @victorpng7554
      @victorpng7554 10 месяцев назад

      It’s never about the number of customers but more about the connectivity.
      China restrict outflow of cash to other country. And Singapore is one of the destinations for China billionaires to migrate to. Have a connection means the billionaires will be able to move $ in and out easily.
      Singapore don’t care about peasants with no cash, which is most of china’s population. Too much effort with too little rewards handling them.
      Google Li Xiting, richest “Singaporean” who operates a bio-medical electronic in China. Guess where? Shenzhen!!

    • @marvelcomiks8078
      @marvelcomiks8078 10 месяцев назад +2

      Quantity is not as important as Quality. Whats the point of having 1billion food delivery riders?

    • @amirrezza-b5v
      @amirrezza-b5v 10 месяцев назад +5

      ​@@marvelcomiks8078 Chinas largest bank, ICBC, has 39 Trillion RMB in assets (as of 1 jan 2023). China's other big bank, Arigculture Bank of China has 33 Trillion RMB in assets (as of same period) . By comparison, Shenzen Rural Commercial Bank with only 519 million RMB in assets is literally an insignificant startup.
      My point stands, saying Singapore invests in China just because they invested in some small banks is a dumb point

    • @marvelcomiks8078
      @marvelcomiks8078 10 месяцев назад

      @@amirrezza-b5v Personally, I agree DBS is bloated...it is very much just massive brand marketing and very heavy reliance on Singapore Government policies. If it wasn't a Singapore brand and used as a banking facility for many policies, DBS would probably be just a tiny bank. We are however not just looking at them.

    • @myoung1970s
      @myoung1970s 10 месяцев назад

      Why Deng Xiaoping visited Singapore and met with LKY? what did LKY said to Deng Xiaoping at that time to cause a change in China's economic policy?

  • @cd7707a
    @cd7707a 2 месяца назад

    yeah right ask Temasek and GIC how their investment in China is doing, the answer is negative and large losses. DBS, UOB and OCBC invest in China banking system why ask the viewers just ask the banks. My sense is these banks is trying to limit their losses from China.

  • @tjm2218
    @tjm2218 10 месяцев назад +1

    This channel seems to focus on headlines over actual significance

  • @chinkang3566
    @chinkang3566 10 месяцев назад +3

    Singapore, good luck and you need it.

    • @daweigo6851
      @daweigo6851 10 месяцев назад +3

      You dont understand financial markets and will probably find they are a bit smarter than you😅

  • @lngkfan
    @lngkfan 10 месяцев назад +1

    Money, money, money!
    Where did it come from?
    Generally all ambiguous proceeds may be accurately identified and related.
    In the backdrop of global hegemony, trade dispute/war, political tussle; usd quantitative easing or printing machine could have easily provided adequate sources of fund.
    At this point the motive, plot, plan, sources of fund could all be established, and also it wouldn't be hard to realize what will happen next.
    An over expanded or dubious plan may
    get oneself burnt instead of a vicious attempt realized.

  • @achangyw
    @achangyw 10 месяцев назад +21

    Singapore can help to keep a high standard of operation of banks in China. Singapore banks are prudent in their operations and China can benefit from such co-operation. Definitely a win-win business venture for both countries.👍

    • @paulpaul7777
      @paulpaul7777 10 месяцев назад

      Would love to see it

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      can China be trusted? Singapore lost billions of dollars in China education and technology stock (China change the rules = Singapore gives free money to China)

    • @frankiechong9284
      @frankiechong9284 10 месяцев назад

      Really dunno how to shy

    • @nickng241
      @nickng241 10 месяцев назад

      ​@@paulpaul7777😂😂😂😂

    • @johnheaton5058
      @johnheaton5058 10 месяцев назад

      That's incredibly naive - Chinese banks are in serious trouble.

  • @liamporter1137
    @liamporter1137 10 месяцев назад +2

    China largest banks are not for sale and does not need Singapore investment too as they are cash rich. This channel is pretty BS.

  • @nicb.1213
    @nicb.1213 2 месяца назад

    The Title "How SINGAPORE is Buyong China" is misleading.

  • @enricojonatan7952
    @enricojonatan7952 7 месяцев назад

    Singapore want to become Elysium like Matt Damon's Movie, is it great startegy? We dont know, just respect each countries startegy to be thrive as global power

  • @daviddesmondlee
    @daviddesmondlee 10 месяцев назад +2

    That's where the mainlanders are running off to? Singapore?

    • @pehclark7256
      @pehclark7256 10 месяцев назад

      Yes,most of the richer (CCP members) fled to Singapore to avoid covid or get treatment. the rest to malaysia,italy and any country that still have an open border.

    • @MeiinUK
      @MeiinUK 10 месяцев назад

      This is the collapse of rule of law. It is corruption....

  • @jingzhi2898
    @jingzhi2898 10 месяцев назад

    Science Popularization: China's Six Major Banks in 2023 ① Industrial and Commercial Bank of China, Assets5578.9 billion US dollars②China Construction Bank,Assets of 4837.6 billion US dollars.③ China agriculture Bank4778.6 billion US dollars

    • @bohtuanyap1138
      @bohtuanyap1138 7 месяцев назад

      The problem with looking at Assets as a key yardstick is that if non-performing assets are still shown as earning assets the numbers are all very deceiving. Ehe major Chinese banks' valuation metrics look impressive however this is not supporting their share price. So investors interest is based on dividend yield which is insane.

  • @SHChua-bs4nt
    @SHChua-bs4nt 8 месяцев назад +1

    all spore banks are considered small bank in china, it should be the other way round, how is china buying spore banks

  • @Waltertkg
    @Waltertkg 10 месяцев назад +3

    Foreign investors are jumping off the China Ship, is there something that the Singapore investors didn't see from those investors actions? Also Moody's has downgraded China's rating and the stress test will be coming out soon on China's financial institutions, so it will not be long if Singapore SWF, renown for making poor investment decisions, are as usual, gullible again. I hope not for the sake of Singaporeans' hard earned reserves.

  • @jonswap9097
    @jonswap9097 10 месяцев назад +12

    Buying large stakes in the heavily bad debt laden Chinese banks which are heavily controlled by the CCP must make all these Singaporean banks a serious banking collapse risk.

    • @andia968
      @andia968 10 месяцев назад +2

      i trust jon he is a phd in economics from harvard with 30 yrs of experience and have lived in china for the last 10 years

    • @anchored555
      @anchored555 10 месяцев назад

      Same spam description of mightymac

    • @ethimself5064
      @ethimself5064 10 месяцев назад

      I am guessing that you do not know the following: Legally the CCP owns everything in China. EVERYTHING

    • @叁爸
      @叁爸 10 месяцев назад +2

      中国崩溃论,你们唱得舌头起老茧了吧😂

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

  • @michanel888
    @michanel888 10 месяцев назад +1

    It’s not a smart move. Even if Singapore actually invested, China can always TAKEOVER the bank back by hostile maneuver after the dangers been over.
    And if it continue to spiral downward, Singapore will develop bad debt on its spreadsheet.
    So either way, Singapore loses

  • @MrSamurailanx
    @MrSamurailanx 10 месяцев назад +15

    No wonder Singapore is silent about SEA disputes. They have vested interest to protect Ch. Singapore is like funding the bully in ASEAN. It's like fueling a monster to suppress its neighboring nations. Take note, most Singapore migrant workers come from SEA. If you control the country's bank you control it's economy.

    • @ethimself5064
      @ethimself5064 10 месяцев назад

      I am guessing that you do not know the following: Legally the CCP owns everything in China. EVERYTHING

    • @Nick-pc9tf
      @Nick-pc9tf 10 месяцев назад +8

      Singapore also is a large investor in the US. It’s the second largest Asian country investing in the US.

    • @nulnoh219
      @nulnoh219 10 месяцев назад +6

      There's a us aircraft carrier parked at Changi Naval Base right now. How pro China do u think Singapore is.

    • @Highwind79
      @Highwind79 10 месяцев назад +4

      When the US leaves, and if China wants to call in, they will roll out the red carpet for them.
      You really don't realise that we will do whatever to protect our own interest do you? It's the same as almost all the countries in this part of the world, with the possible exception of Phillipines, but they are also doing it to preserve their own interest.

    • @panda63725
      @panda63725 10 месяцев назад

      Then u should not buy anything online, all from China. Why u support china economy? Why your country never block all the e-commerce platforms?

  • @mikechiew1597
    @mikechiew1597 10 месяцев назад

    Good financial product experts are always looking for long term investment gain/opportunities. China is the best developing nation of the world since the 70s. Who doesn't want China's market. And not much competition from the west because China is a communist country they do have the confidence. West thinks it's risky but the keen eyes of LKY see absolutely investable in China and he set his goal in China's social market economics development in the 70s. At that time China needs expertise for modernisation in C&S engineering and cities planners are most welcomed. Singapore takes up the challenge and she won the big slice of the cake. Foresight it is.

  • @aloyd6157
    @aloyd6157 10 месяцев назад +2

    Everything will affects, we are too tiny .

  • @mayuravirus6134
    @mayuravirus6134 10 месяцев назад

    Which one the China Construction Bank?!

  • @Anonymous------
    @Anonymous------ 10 месяцев назад

    Investing by buying a company's stocks doesn't mean one owns or runs the company.

  • @sktoh4469
    @sktoh4469 10 месяцев назад

    How many China banks bought by Malaysian banks?

  • @belamo11y
    @belamo11y 10 месяцев назад

    What would happen if Singapore governs part of China, or lease a city like Uk lease HK? That would be interesting!

    • @xingchen9807
      @xingchen9807 10 месяцев назад

      both of them are Chinese, so it doesn't like UK lease HK.

  • @benjaminelliott7016
    @benjaminelliott7016 9 месяцев назад +1

    Helping china's "private" sector lmao

  • @ezekielhall7907
    @ezekielhall7907 7 месяцев назад

    Yes, for sure

  • @donaldjoseph3903
    @donaldjoseph3903 10 месяцев назад +3

    Get the hell out now!!! The boat is sinking fast.!!

    • @daweigo6851
      @daweigo6851 10 месяцев назад

      Unitilgent comment 😅

  • @chlchaji
    @chlchaji 10 месяцев назад +2

    Doesn't really matter how much stacks you own, when CCP wants it they will just take it.

    • @kopicha
      @kopicha 10 месяцев назад +1

      Well said

  • @ongernie7216
    @ongernie7216 2 месяца назад

    This is the highest risk of all investment. OUTRAGIOUS.

  • @jackiechan.whoami
    @jackiechan.whoami 10 месяцев назад +2

    putting money into a gangster pocket you must listen to big brother if you want get your interest and principal.😅

  • @TheeRomantic
    @TheeRomantic 9 месяцев назад +1

    How is China a promising country 😅😂

  • @jackyjacky4220
    @jackyjacky4220 10 месяцев назад +1

    very misleading video....those are potato banks acquired by dbs.

  • @francisty139
    @francisty139 10 месяцев назад +2

    Goodbye to Singapore economy then if they are heavily invested.

  • @mahandranparamasivam73
    @mahandranparamasivam73 9 месяцев назад

    Yes make big,break big

  • @aave865
    @aave865 10 месяцев назад +1

    Singapore will eventually be the modern colonial master of mainland china

  • @HaripTjiong
    @HaripTjiong 9 месяцев назад +1

    Good luck taking out your money from china 😂

  • @ethanf.6848
    @ethanf.6848 10 месяцев назад

    Yes.

  • @bentony7548
    @bentony7548 10 месяцев назад

    no way SG can buy state own bank or giant bank like pingan ,china merchanta bank,,what can it buy is only small one....

  • @bluepixie7737
    @bluepixie7737 10 месяцев назад +1

    As a singaporean working in the banking industry lol, ain’t no way our banks can be even compared to the top banks in china. Theirs is an altogether different playing ground. Just look at their population you shld know we cant fight.

    • @Sam-us8qt
      @Sam-us8qt 10 месяцев назад +1

      Although China banks are larger, let me give you an example of how incompetent and uncompetitive China is. For example, the Chinese staff in china will tell you how useless artificial intelligence is and will instruct others to perform tasks manually rather than depending heavily on artificial intelligence to assist the staff. The Chinese staff in china tries to complicate things in order to save their jobs rather than using simpler methods. In comparison, Singapore's concept is to use artificial intelligence and employ only two people to perform the tasks that ten people in China accomplish. As a result, Singapore guidelines are to do the task as efficiently as possible while saving investors a lot of money. Because Singapore has a smaller population than China, it is easier for Singapore to tax the exceedingly rich at far lower rates than China does, resulting in substantial savings for the wealthy.

  • @WhengArt
    @WhengArt 10 месяцев назад +9

    Maybe becouse most of Singapore giant companies own by Chinese most of their people also Chinese.no doubt they trusted each other.

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      can China be trusted? Singapore lost billions of dollars in China education and technology stock (China change the rules = Singapore gives free money to China)

    • @ethimself5064
      @ethimself5064 10 месяцев назад

      I am guessing that you do not know the following: Legally the CCP owns everything in China. EVERYTHING

    • @lianchyeang
      @lianchyeang 10 месяцев назад

      Which Singaporean giant companies are owned by the Chinese? Singaporean Chinese is not China Chinese. Do you think Indonesian, Thai, Philippine and Malaysian Chinese see themselves as China Chinese? You are damn wrong. Go and brush up on your English first before commenting

    • @ethimself5064
      @ethimself5064 10 месяцев назад

      @@lianchyeang I am guessing that you do not know the following: Legally the CCP owns everything in China. EVERYTHING

    • @cocaineminor4420
      @cocaineminor4420 10 месяцев назад

      ​@@lianchyeangduh 🙄
      But we are still ethnic Chinese
      Imagine discriminating our own ethnic people like wtf?

  • @liamporter1137
    @liamporter1137 10 месяцев назад +1

    PAP, why not solve the high cost of living first. Housing and car are so ridiculously expensive.

  • @J-Young_photography
    @J-Young_photography 8 месяцев назад +1

    only the fool will buy their stated owned bank. they just need your cash and then turn around take away all your shares. what can you do to defense your shares? LOL don't ended up a reversed take over at the end.

  • @ongchinlam4631
    @ongchinlam4631 10 месяцев назад

    Let me say. Singaporean are all work hard every day s. Okay

  • @Zerpentsa6598
    @Zerpentsa6598 10 месяцев назад

    Hahahaha. These molehills look really big when you don't look up to see the mountain chains of 西藏 (Tibet). Never mind. Back to playing with z guage tracks.

  • @jacktreetop
    @jacktreetop 10 месяцев назад

    Lacks comparison with another country. Who is china biggest investor?

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

  • @CordinatorHaruka
    @CordinatorHaruka 10 месяцев назад +1

    Highly invested in CCP entities will spell big trouble for Singapre, You see what's happening now is State Banks are going broke and embezzeling depositors money

  • @leewn2319
    @leewn2319 10 месяцев назад

    Sg banks takes calculated risks & does not take careless dives. Also China has a huge domestic market for average workers, small & medium business enterprises. 2022 it has a workforce of about 733M people. Just 1% of them is more than the entire population of Sg. Hence, the wisdom of Sg banks.

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

    • @meganfoxbf
      @meganfoxbf 10 месяцев назад

      China only need to change the rules in their country , all the Singapore money will flow nicely into CCP pockets , there is nothing Singapore can do. nothing. just like the education and technology shares that Singapore lost in China a few years ago. Can China do it again ?

  • @comnixx1
    @comnixx1 10 месяцев назад

    🤗👏👏👏👍💪regards from 🇲🇾with ❤️🙏

  • @desmondkwang5945
    @desmondkwang5945 10 месяцев назад

    Bad mistake. Singapore is a very poor investor and the focus on banks has not had a good history - Remember 2008 when Singapore put a lot of money into US banks.

  • @tanpengjoo7205
    @tanpengjoo7205 10 месяцев назад +4

    Are u sure Singapore are buying their bank or " saving " dumping their in the name of " investment " , Singapore already dumped billions into the stu-pig suzhou industrial park n the tianjin ecopark that have losed almost every cents thats why our Singaporean hard-earned stressed n sweat c p f money are not return sooner because those money dumped are too deep to recoup. Those banks who invested there should invest more in Singapore so as not to let our savings scammed by unscrupulous n cruelty greedy scammer getting rich at the expense of our hard-earned savings.

    • @popcorn6931
      @popcorn6931 10 месяцев назад +1

      this is eye opening. how much more exposure SG has on china no one really knows

  • @michelwong1
    @michelwong1 9 месяцев назад

    👍👍

  • @5kplamse
    @5kplamse 10 месяцев назад +2

    Gone. there goes tax payers money down the drain.

  • @pehclark7256
    @pehclark7256 10 месяцев назад +1

    Dude, too much info.
    What if the singaporean Depositors started a bank run on these singapore banks for holding these trash Rural banks that currently owe the rural chinese depositors money.
    There are already stressed sign in these banks.
    The WEF would be pissed.
    Especially the minsters involved.(especially a certain shanghai professor in NTU).

  • @shaunsim3188
    @shaunsim3188 10 месяцев назад +1

    Losing money.

  • @userwheretogo
    @userwheretogo 10 месяцев назад

    It is the other way round pleaae

  • @soonhockchua3740
    @soonhockchua3740 10 месяцев назад +5

    Will likely gain big payoff in future.

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      can China be trusted? Singapore lost billions of dollars in China education and technology stock (China change the rules = Singapore gives free money to China)

    • @lesliegrace8360
      @lesliegrace8360 10 месяцев назад

      WLL

    • @pehclark7256
      @pehclark7256 10 месяцев назад +1

      nope pretty sure the money is gone or being in conveyance to JP morgan as a private fund in the states/or stupidly Dubai.

  • @tonytan8014
    @tonytan8014 9 месяцев назад +1

    Stupid idea, will lose money over time. 😅

  • @jasonxie4111
    @jasonxie4111 10 месяцев назад

    Stupid title… Just wondering you known the major 10 Banking Systems of China? A tiny bank that Singapore acquired not even a grain of sand on the beach. Considered dust instead. Please go back and have more research not based on fake information.

  • @EvelynHo-y3v
    @EvelynHo-y3v 10 месяцев назад +2

    What does DBS stands for? 😆Dun bullshit🤭😂👍

    • @desmondteng3025
      @desmondteng3025 10 месяцев назад

      U csn't even afford to put in USD10,000 fixed deposit in DBS

    • @EvelynHo-y3v
      @EvelynHo-y3v 10 месяцев назад +1

      @@desmondteng3025 r u dumb or wat, it's jus a joke....u need to go on a holiday....no sense of humour 😂👍

  • @CunningHamster123
    @CunningHamster123 10 месяцев назад

    nah all the largest bank in china are state-own singapore cant buy them

  • @szehurnang2685
    @szehurnang2685 10 месяцев назад +2

    Dump move now

  • @rsyrsy8543
    @rsyrsy8543 10 месяцев назад

    It is shocking

  • @yeoweehuathuat8926
    @yeoweehuathuat8926 10 месяцев назад +2

    Wht if China 🇨🇳 bank go bankrupt ! All the investment gone !

  • @stephenwang9567
    @stephenwang9567 10 месяцев назад +1

    The hat too big for the head. Cheap publicity

  • @williamlew6910
    @williamlew6910 10 месяцев назад

    🇸🇬🇸🇬🇸🇬

  • @kwokleongawyong2895
    @kwokleongawyong2895 10 месяцев назад +2

    Singaporeans especially their ranks of civil servents,are not street wise enough for China. The wealthiest Chinese billionaires are running from China, no Singaporean bankers can be smarter. Hope they don't lose big.

    • @stayprepared2388
      @stayprepared2388 10 месяцев назад

      another trap set by China ? greedy Singapore got cheated by China 2 years ago with the education and technology shares , China just only need to change the rules , bye bye Singapore money

  • @thillayambalam3416
    @thillayambalam3416 10 месяцев назад +1

    Donkey yrs ago spore gic loss in industrial investment .

  • @YangDa-wp3el
    @YangDa-wp3el 10 месяцев назад

    因为这样所以才便于转移国内人民财产,新加坡高招

  • @DP-8964
    @DP-8964 10 месяцев назад +1

    propaganda.

  • @francisleong7989
    @francisleong7989 10 месяцев назад +1

    With the state of China's economy, what has happened to Singapore's investments there?
    Or is this RUclips clip sponsored by CCP to try to get more foreign investments?

  • @sunggao6848
    @sunggao6848 10 месяцев назад +4

    quite worrying, hope all these investment can be recovered at the end of the day 😟

    • @leechengho8407
      @leechengho8407 10 месяцев назад +1

      Most likely Singaporeans will anticipate tt it'll be "Gone with the Wind", if it's being controlled by the CCP.

    • @雅君墨客-i9z
      @雅君墨客-i9z 10 месяцев назад +1

      我笑死了你以为这些新加坡政府资金资本没收益会干?新加坡在中国可赚不少钱😂

  • @quentenpoon3677
    @quentenpoon3677 10 месяцев назад

    This guy doesnt know what he is talking about or im on crack

  • @Sharksingapore
    @Sharksingapore 10 месяцев назад +1

    Leave China alone. Too risky.

  • @ryanten6475
    @ryanten6475 10 месяцев назад +1

    big mistakes 😂

    • @cocaineminor4420
      @cocaineminor4420 10 месяцев назад

      Big mistake for west but not for us 😂😂

  • @jherc
    @jherc 10 месяцев назад +1

    This is bad. Chinese banks are dieing.

    • @daweigo6851
      @daweigo6851 10 месяцев назад +1

      Do you understand the population of China and that most of the economy is robust and strong.,

  • @shantanukumar127
    @shantanukumar127 10 месяцев назад

    this video is poorly done

  • @nljie
    @nljie 10 месяцев назад +1

    China is not doing well now. Especially with the real estate woes

    • @joekerr2879
      @joekerr2879 9 месяцев назад

      You must be getting your news from the western media, kid !

  • @Ottakring-us3xi
    @Ottakring-us3xi 10 месяцев назад +3

    English narrated video and still talking in yuan Singapore dollars and so on what a rubbish and who cares about china or Singapore

    • @wengkiong
      @wengkiong 10 месяцев назад +3

      You! You cared enough to leave a comment! Sour grapes! 🤣

    • @cocaineminor4420
      @cocaineminor4420 10 месяцев назад +1

      Who cares??????????
      Eh you the one watching and commenting on the video Leh 😂😂
      Wtf ?

    • @francisleong7989
      @francisleong7989 10 месяцев назад +2

      if you don't care, why bother to even leave a comment?

    • @daweigo6851
      @daweigo6851 10 месяцев назад

      Why are watching , go away 😅😅

  • @comnixx1
    @comnixx1 10 месяцев назад

    🤗👏👏👏👍💪regards from 🇲🇾with ❤️🙏