Subscribe to:
Post Comments (Atom)
New Launch - One Sophia For Sale!
Please click the advertisement for more information.
Special offer for CT Foodnex! Grab it before it ends!
Click for more details.
Featured Post
NATO and the US are the axis of calumnies!
NATO tried to shift and pin its reprehensive act on China when the fundamental cause of the war was orchestrated by the US. We had stated pr...
Popular Posts
-
Date Analyst Company Last Target Call Valuation 06/19/23 OCBC Keppel Infrastructure 0.49 0.605 Buy 07/27/23 DBS Vickers Keppel Infrastructur...
-
Date Analyst Company Last Target Call Valuation 11/20/23 phillip Vertex Tech 4.95 0 Fully Redeemed
-
Date Analyst Company Last Target Call Valuation 05/04/23 UOB Kay Hian Emperador 0.5 0.57 Hold PER31.5x FY23 08/25/23 UOB Kay Hian Emperador ...
-
Date Analyst Company Last Target Call Valuation 04/12/24 Lim & Tan Broadway Industrial 0.127 0 Accumulate
-
Date Analyst Company Last Target Call Valuation 05/31/23 Amfrasers Fortress Minerals 0.34 0.46 outperform DCF & EV/Resource3.6x 07/20/23...
-
Date Analyst Company Last Target Call Valuation 05/15/23 Lim & Tan Fu Yu 0.21 0 Sell
-
Date Analyst Company Last Target Call Valuation 09/25/23 Amfrasers Banyan Tree 0.4 0.415 Buy 04/04/24 Amfrasers Banyan Tree 0.385 0.41 Buy
-
Date Analyst Company Last Target Call Valuation 04/12/24 Lim & Tan Broadway Industrial 0.127 0 Accumulate
-
The US is trying to phase out cryptos such as bitcoin gradually by using its new carbon emission policies and crypto mining tax. The US has ... -
The 10year-3month treasury curve inversion has been an accurate US recession indicator insofar. A recession usually followed after a yield ...
Received Top 75 Singapore Investment Blogs Award in July 2017
Top 50 Singapore Investment Blogs
4 comments:
Haha now you know the standard of China govt & governance issues... The pathological need to appear always right/perfect, and crackdown on all info / people who reveal ugly truths, that is the modus operandi of all authoritarian regimes. China wasted the critical first month or even 2 months by cracking down on people who started reporting or complaining about this new "pneumonia event".
Death rate in China is 2.16%.
Outside of China is 0.5% -- more than 4X lower -- why??? A lot due to lack of supplies to the most affected regions (maybe even deliberate??), ignorant methods & procedures by local authorities on the ground, and even cross (or forced) infections due to lack of quarantine places or simply local healthcare staff & security forces bochap or "you die better than I die" attitude.
Thousands of SMEs are going bankrupt now & very soon due to liquidity dry up. Beijing ordering everyone up & down the chain from banks, finance companies, shadow banks, suppliers, middlemen, intermediate companies, end companies, even end users & customers to close both eyes if any company cannot pay bills, or redeem bonds, or pay salaries, or pay loan interests, or fulfill contracts etc. 1 month, 2 months maybe (NS for the motherland). But 6 months, 1 year???
In spite of all these, there is still vast potential in China stocks once the virus blows over. Now is the time to sieve the wheat from the chaff. Am accumulating if & when there are big down days or weeks.
You seem to be gloating over China's situation. However, you don't seem to understand how a virus works.
China is a country that favours stability over many things and many mayors want to protect their rice bowls and choose to hide the truth from the central government. The central government has sacked the top officials in Hubei and Wuhan for not reporting the truth.
I agree that the death rate in China is much higher than the official rate and is also higher than in other countries. There are 3 fundamental reasons for the big difference in death tolls.
First is the potency of the virus. The virus will be weakened when it spreads from human to human. In a nutshell, the 1st generation virus is more potent than the 4th generation. A virus needs a host to replicate itself and it doesn't make sense for the virus to kill the host because it will defeat the purpose of replication in a host when the host dies. Therefore, the virus will adjust itself in a new host by weakening its potency. Thus, this may explain the higher death toll in China because the virus in China is the original virus (1st generation).
Second is the medical facilities and supplies. With such an overwhelming virus outbreak, it is obvious that China doesn't have an ample medical supply to cope with the ever-rising demands. Thus, many people are infected and there are also not enough medical facilities to handle the overwhelming patients. Singapore also cannot handle this if many people are infected.
Third is the deliberate transmission by some Chinese. This makes it difficult for China to contain the infectious virus.
http://sg-stock.blogspot.com/2020/02/some-chinese-are-deliberately-spreading.html
Every virus outbreak will end eventually. The 2020 US flu virus infected more than 19m Americans and killed more than 10,000 people. However, this was not widely reported. Thus, if you compare the covid-19 virus to the US flu virus, the covid-19 virus is less serious than the US flu virus. Can we say that a democratic country like the US is worse than a communist China?
https://www.cnbc.com/2020/02/03/the-flu-has-already-killed-10000-across-us-as-world-frets-over-coronavirus.html
https://www.imperial.ac.uk/news/195217/coronavirus-fatality-rate-estimated-imperial-scientists/
The imperial scientists estimated the covid-19 fatality rate was at 18%.
https://www.statnews.com/2020/01/23/four-generations-of-spread-seen-with-virus-in-china-alarming-experts/
The latest covid-19 virus is in its 4th generation now.
Post a Comment