I am not so concerned about its property exposure since all big local banks in China have loans with the property developers. It is negligible at 1 over % compared to its insurance, tech, etc businesses.
As a corporate, while its dividend of 8.8% may seems attractive, there will be a capital withholding tax of 17% compared to 8% net from LINK REITS. Of course buying in SG dollars , one will have to incur the foreign exchange loss (roughly around 2-3% ) after conversion.
LINK Reit has wider geographical coverage compared to pure Singapore play which is what I like for diversification.
I have a small position in PING AN but am monitoring its share price to catch a better price. No hurry to DCA.
Please DYODD
As a corporate, while its dividend of 8.8% may seems attractive, there will be a capital withholding tax of 17% compared to 8% net from LINK REITS. Of course buying in SG dollars , one will have to incur the foreign exchange loss (roughly around 2-3% ) after conversion.
LINK Reit has wider geographical coverage compared to pure Singapore play which is what I like for diversification.
I have a small position in PING AN but am monitoring its share price to catch a better price. No hurry to DCA.
Please DYODD
ملاحظة
God bless, it did rebound from the support level.....up up and away.......ملاحظة
added some today !
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.