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
ノート
God bless, it did rebound from the support level.....up up and away.......ノート
added some today !
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これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。